Praxis’ Post

No Margin, No Mission congratulates Harriet Beecher Stowe Center on their outstanding business plan FAST PITCH as part of the Hartford Foundation for Public Giving's SOCIAL ENTERPRISE ACCELERATOR Initiative! The team from this entrepreneurial nonprofit convened a group of "Mission Impact Investors" (aka donors and funders) with whom they shared highlights of their plan to launch STOWE ON THE GO, a new venture designed to help organizations facilitate difficult, meaningful, and potentially transformative conversations. Net proceeds from this venture will help support the mission of the Stowe Center to encourage social justice and literary activism by exploring the legacy of Harriet Beecher Stowe.. And, as a surprise, HFPG's President and CEO, Jay Williams, announced The Hartford Foundation would match up to $30,000 toward the Stowe Center's startup capital goal of $100,000 -- so don't miss the opportunity to be a MISSION IMPACT INVESTOR! To learn more, click here https://lnkd.in/esXnhdjE. #SocialEnterpriseAccelerator #earnedincome #businessplan #FastPitch #socialenterprise #entreprenerial8 #capacitybuilding #NoMarginNoMission #foundation #philanthropy #nonprofit #Thrivability

Considerations for your startup...should you be for-profit, or a nonprofit? In the past, the line between nonprofit and for-profit ventures was clear, but that's no longer the case. Today, nonprofits compete with top for-profits, and for-profits can create significant social impact. Choosing the right legal structure is crucial for mission-driven startups. Learn more about what to consider when making the all important decision in this article by Harvard Business Review

If you're considering bootstrapping a nonprofit from scratch, it's important to ask yourself the right questions before jumping in. Watch this video to learn the top three questions you need to answer before starting a nonprofit. #startups #bootstrapping #nonprofits #nonprofitleadership

You need an Ivy League degree or know people in Silicon Valley to make it as a founder. That's what I thought when I became CEO of Classy at 24. Fact is, we started Classy with none of that. We were just a couple of average guys who didn't have: • MBAs • Live in Silicon Valley • Have investor friends • Go to Ivy League schools • Have any startup experience We started it in 2006 to raise money for cancer research after my mom had had cancer when I was growing up. $1,000 raised from friends as part of an #anchorman themed pub crawl in Pacific Beach, CA (of all things!). To say the odds were stacked against us was an understatement... I certainly didn't see myself as a real CEO. Most times I felt like I wasn't even supposed to be leading the company (or ANY company). And almost 4 years in, I found myself sleeping on the floor of a one-room apartment with my co-founder Pat Walsh because we couldn't pay rent. That was rock bottom. But what we lacked in degrees, we made up for in determination. Our numbers were small for a very long, long time - it took 6 years (!!!) to get to $1M in revenue. And we weren't in the press like our competitors, or raising massive fundraising rounds... But each step of the way (even at a small scale), we could see that what we were doing was working. And no one can take that away from you. Traction - no matter how small - is like compound interest. The longer you stay in the game the more you'll grow... Until eventually it gets so big that no one can ignore you. Later we'd go on to raise billions on the platform and grow the team to 300+ people. In 2022 Classy was acquired by GoFundMe - creating the largest giving platform in the world. So next time you're thinking about throwing in the towel, remember the story of these three average guys with no experience. Pick your head up and just keep going. You never know where it might take you.

Thinking of starting a nonprofit in Maryland? Here's how to get started! Define your mission, register with the state, obtain a federal tax ID number, apply for 501(c)(3) status, build a strong board, and develop a business plan. Watch the video below to learn more! #nonprofit #maryland #startups #501c3 #story

This holiday season, you can join me in changing the game for entrepreneurs of color by making a donation to Impact Ventures' 3M Fund: More Equity, More Inclusion, and More Impact. As you may know, I am a board member of Impact Ventures, and I am in a unique position to share our mission with you. We accelerate and invest in all shades of genius year-round, but our programming wouldn't be possible without generous supporters like you. We're accelerating MORE EQUITY. We're accelerating MORE INCLUSION. We're accelerating MORE IMPACT. Will you join us to empower equity, inclusion, and impact for entrepreneurs of color? Help us get to $15k by donating $50 today--> https://lnkd.in/dDnWBi69 #shadesofgenius #dallasphilanthropy #dallasgives #seasonofgiving #entrepreneurship #smallbusiness

Relevant! At each stage there is that small but relevant compounding effect. As we deliver support through the work we do, consistency is the key. Learning as we go, growing as we deliver value. #Pendocares #PendoHealth #startupstories #staffingandrecruiting #agedcareaustralia

Nonprofits: Know a tech nonprofit doing life-changing work? Refer them to our Startup Accelerator! If they're accepted, you will win $500 — we highly encourage a pizza party, but it's up to you. The tech nonprofit you recommend could gain access to curated content, a close-knit community, mentorship from seasoned tech professionals, and a $25K grant. Refer them here 👉 https://bit.ly/3XeBjE5

PSST... You an AI-focused nonprofit looking for early stage funding? We're looking to invest. Fill out our intake form by March 15 to see if it's a fit. Don't gatekeep. Tell your friends. Link in bio. #investments #earlystage #startups #nonprofit #grants #equity

#FlashbackFriday Last fall, I shared with Philanthropy.com about ways nonprofits and startups can partner together in philanthropic ventures. As a startup company grows, its team will build up a philanthropic routine, contributing on a recurring basis, whether money or time. Startup founders know that today they must show a social conscience or risk losing their best talent to other organizations. Turning giving into a routine is a way to keep those workers. Read here ➡️ https://bit.ly/491q6cG