What Nonprofits Can Learn from Entrepreneurs

Posted on the 13 August 2012 by Paullanning @paullanning

Reblogged from Online Fundraising Blog:

While the definition of entrepreneur is “an enterprising individual who builds capital through risk and/or initiative,” I consider many nonprofit leaders to be a type of entrepreneur who sacrifices the known to reap a harvest of the betterment of humanity. Risk and initiative are certainly characteristics of every philanthropic leader that I know, and the investment that they commit to a cause surpasses any dollar amount a checkbook can hold.

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Very apt comparison between nonprofit leaders and entrepreneurs. Nonprofit organzations - while 'not for profit' - are still businesses, and their leaders are quite often (and necessarily) risk-takers. The most successful are often the most entrepreneurial in their approaches.