From the perspective of someone who works in fundraising for a non-profit, and has worked for a startup in the past, I find this article really interesting. A lot of the points here touch on ideas that are well-known in the non-profit fundraising community. Based on his experiences fundraising, it seems like startups could draw a lot on fundraising experiences in the non-profit world. On the flip-side, I've found that my experience in the for-profit world has been a massive leg-up on the other individuals in the non-profit world.
The more I think about it, the more I see parallels between non-profits and start-ups. Their day-to-day existence relies on fundraising. There is generally more work than workers, requiring employees to have a broad skill set and prioritize work effectively.
One of the biggest things that I think ties start ups and non-profits, is that their success relies heavily on who is advising them, be it a board, investors, or other stakeholders. I think good guidance is at least as important as money for any organization, especially in the beginning.
The more I think about it, the more I see parallels between non-profits and start-ups. Their day-to-day existence relies on fundraising. There is generally more work than workers, requiring employees to have a broad skill set and prioritize work effectively.
One of the biggest things that I think ties start ups and non-profits, is that their success relies heavily on who is advising them, be it a board, investors, or other stakeholders. I think good guidance is at least as important as money for any organization, especially in the beginning.