Making Nonprofits Profitable

Making Nonprofits Profitable

The first step in making nonprofits profitable is to take a more comprehensive look at what is profitable. (The second step may be to ignore the verbal contradiction!) As a nonprofit, what are all of the ways that your work produces financial returns, directly and indirectly? And who benefits financially from what you do–your beneficiaries? Other [...]

pay-what-you-want

Radical Pricing Scheme Earns $ for Companies & Nonprofits

Letting people pay what they want, with the promise that 50% will go to charity, produces a higher profit than selling the product at a fixed, market price. It also earns more money for the nonprofit Leif Nelson, an associate professor of marketing at the Haas School of Business at UC Berkeley, ran an experiment [...]

Magnifying Glass

Good-Business Topics I Care About

Here are some of the areas that compel me (in some cases because my understanding is terribly weak–I’m talking to you, Measurement) that I will focus on this year: Measurement Impact (the object of measurement) is the reason I write this blog. Although I grasp the framework of measurement and evaluation, I want to better understand [...]

15

The 15 Top Posts on Good Business of 2010

In order of popularity (ranked by page views), here are the 15 most-read pieces on Cause Capitalism from the last year. Below are some observations on the list. 1. 15 Social Venture Capital Firms That You Should Know About 2. 10 More Social Venture Capital Firms That You Told Me About 3. Will B Corp’s New [...]

In 3 Words: How to Build a Purpose-Driven Business

To polish up a year’s worth of learnings from working with and writing about purpose-driven companies, I’ve summed up 42 principles in exactly three words each. Three words–easy to understand, easy to share. This list partially represents the 155 blogs I’ve written this year, but it’s nowhere near complete. Add your triplets in the comments [...]

The Joker

Corporate Social…Inauthenticity

The opening remarks at the recent Global Conference for Social Change, joint venture of the Foundation for Social Change and the United Nations Office for Partnerships, went something like this: “Let’s take a look at this phrase corporate social responsibility. Let’s take away social. Now let’s take away corporate. What we’re left with responsibility, which is defined [...]

To Tap Cause Marketing’s Huge Potential, Do Less Of It

To Tap Cause Marketing’s Huge Potential, Do Less Of It

This piece was originally written for and published on Reach Students. If 94% of Millennials condone cause marketing why do only 53% report buying a product that benefits a cause in the past year?  The first finding is compelling, the second certainly is not, particularly given that in many stores you’d have to struggle not to buy [...]

The Portland Bottom Line

You’re Not Alone! 51 Small-Business Owners Speak Up About Sustainability

Ever wonder how other entrepreneurs and small business owners build businesses that reflects their values? What areas do others tackle first? Which of their efforts have been most successful in terms of impact and revenue? Which have been the most challenging? Social innovators and small business owners Peter Korchnak and Megan Strand found themselves fortunate [...]

Nordstrom cares

Want To Open a Nonprofit Store? 10 Guidelines You–and Nordstrom’s–Should Follow

Scandal in-the-making, customer-pleaser, tax write-off, nonprofit cash cow or game-changer?  Which hyphenated phrase will best describe Nordstrom’s new concept store, which will donate all net profits to charity? I was interviewed recently by American Public Media’s Marketplace on the Nordstrom concept store, set to open in Soho next fall, and on the growing appeal of [...]

Mobile Giving Meets Mobile Marketing, But Are Americans Ready?

Mobile Giving Meets Mobile Marketing, But Are Americans Ready?

Sure, Americans love their mobile phones and use them handily, but there’s still stunted confidence for mobile financial transactions, whether it’s a payment or a donation. Part of the reticence comes from the clumsiness of many mobile commerce and mobile giving sites and part of it’s a lack of incentives. Benevity Social Ventures and Obopay [...]