9:35 am •
Categories: Business Models, Businesses, Rants & Raves •
by Olivia Khalili
Like business, I believe nonprofits should be rewarded when they demonstrate financial success and laid to rest when they don’t. (I can feel jaws dropping and arrows hurtling toward me). Businesses are held financially accountable by the market. Increasingly, we’re holding them accountable for their social impact as well. We reward humanistic companies with our […]
6 Comments
10:05 pm •
Categories: Uncategorized •
by Olivia Khalili
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 […]
16 Comments
10:17 am •
Categories: Cause Marketing, Tools, Trends, Web/Tech •
by Olivia Khalili
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 […]
1 Comment
5:06 pm •
Categories: Corporate Social Responsibility, Rants & Raves, Trends •
by Olivia Khalili
I came to the whole idea of social impact and business after several frustrating experiences–working for a business lobbying organization that (not shockingly) ran against my values, becoming privy to the status quo inefficiencies of traditional international economic development and suffering alongside my nonprofit clients as they focused more on fundraising and philanthropic realpolitik than constituent […]
2 Comments
8:42 pm •
Categories: Rants & Raves •
by Olivia Khalili
Mechai Viravaidya didn’t start out as a social entrepreneur. He began as a businessman with a freshly granted MBA who realized his country’s situation–Thailand–would never grow economically if its population explosion couldn’t be tamed. Mechai’s understanding that economic development was ultimately tied to population control led him to create the Population Community Development Association (ironically, […]
1 Comment
2:46 pm •
Categories: Business Models, Businesses, Interviews, Podcast, Products •
by admin
If you want the real story from a successful for-profit social entrepreneur, click the player to listen to Aseem Das talk about founding and transforming World Centric. Prefer MP3? Right-click and download. [Audio clip: view full post to listen] World Centric evolved from a nonprofit to a nonprofit with a revenue-earning component to a for-profit […]
5 Comments
6:08 pm •
Categories: Businesses, Interviews, Micro-lending, Podcast •
by admin
Click the player to listen to our conversation. Prefer MP3? Right-click and download. [Audio clip: view full post to listen] After he left Amazon (“one of the hardest, scariest and best decisions” he’s made in his life) Kushal Chakrabarti knew he would start a company. He’d done well at Amazon, helping to improve its product […]
Comments Off on How Vittana Is Using Micro-lending To Help Students Triple Their Earning Power–with Kushal Chakrabarti
7:55 pm •
Categories: Corporate Social Responsibility, Rants & Raves •
by admin
If you caught my poll earlier this week asking what areas you find meaningful in the cosmos of business and social responsibility, you know that I’ve been thinking hard about how to make the biggest impact. On one hand, there’s the CSR approach, which I’ll generalize as reaching more people but having less direct impact […]
1 Comment
1:35 pm •
Categories: Businesses, Commercial & Nonprofit Partnerships, Interviews, Podcast •
by admin
Click the player to listen to our conversation or right-click and save for the MP3. [Audio clip: view full post to listen] Rachael Chong thought it was inevitable that someone would create a platform that matched professionals to skills-based volunteer opportunities. As an investment banker, she realized there were better better ways for her to […]
Comments Off on How Catchafire Is Changing the Way You Volunteer–with Rachael Chong
3:56 pm •
Categories: Business Models, Rants & Raves •
by admin
I’ve read a string of great books lately, parts of which occasionally flash into my consciousness, but none has made the same impression as Leaving Microsoft to Change the World. It’s the self-told story of John Wood’s departure from Microsoft to create libraries at first, then classrooms, then schools and finally scholarships in Southeast Asia and […]
5 Comments