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Ask HN: Non-profit founders, what was your biggest counterintuitive surprise?

2 pointsby recursive4over 2 years ago

1 comment

nonasktellover 2 years ago
(Failed founder here, but still a founder.)<p>That you can&#x27;t really help people without making money, having a profitable product&#x2F;service&#x2F;model.<p>Even the most selfless billionaires investor rarely want to burn a billion dollar in a money pit.<p>You can&#x27;t work with people, who hate making money, who are so anti-capitalistic that the very thought of turning a profit goes against who they are as a person, no matter how benevolent or competent in other areas they are.<p>If you want to have any kind of real impact, you need to think like a business, a real business, except you&#x27;ll just not be the one who benefits from the profits. You need stable revenue, profits, growth, even if it&#x27;s to reinvest everything, but you can&#x27;t be like &quot;oh it&#x27;s not about the money, we don&#x27;t care about the money&quot;, the more of a non-profit you are the more you have to think about the money, unless Bill Gates is your daddy.<p>Of course you have to set to some limits in advance about the things that you&#x27;d never do, but you also have to be able to compromise, to see the bigger picture, if your decisions hurt 1 people to help 10 others maybe it&#x27;s worth it, do no think in absolute, don&#x27;t work with dogmatic people.<p>Also pay your people well, really well, a good salary spent on personal growth is an investment in the future of the project, just because money is not the ultimate goal, doesn&#x27;t mean your partners&#x2F;employees should have to deprive themselves. You can&#x27;t perform if you can&#x27;t take care of yourself.