If you care about the nonprofit sector and you haven’t yet seen this thought-provoking TED Talk by Dan Pallotta, it is a must see! He talks about how we as a society limit the possibility of nonprofits in 5 key ways:
- Advertising and Marketing
- Taking Risk on New Revenue Ideas
- Profit to Attract Risk Capital
I’ve always thought that forcing nonprofits to spend as little on “overhead” is extremely short-sighted if they are otherwise continuing to grow their impact. Nonproifts need to invest money into building a better vehicle if they are to deliver greater impact. What do you think?