Date post: | 10-Jan-2017 |
Category: |
Government & Nonprofit |
Upload: | shane-hurley |
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Invaluable NonProfit Advicefrom the Expert, Michael
Bloomberg
The charity sector is changing, for the better.Whereas before massive angel investors of sorts
used to grant enormous donations tophilanthropies of their choice from afar, these
same donors are now taking a greater stance ininvolvement. By getting their hands dirty, these
godsend philanthropists are providing newdirection to charitable organizations, offering
guidance, counsel, and support (fiscal andotherwise) when needed. Once content with a
boardroom named after them, these donors arenow committed to changing charity as we know
it.
Actually, MichaelBloomberg, in
particular, has someinteresting thoughts
to share on thesubject. After havingbuilt his own multi-
million dollar empire,he has learned somehard-fought lessonsabout contemporary
charity and its role inthe business world.Thankfully, he was
kind enough to sharethem:
Remain focused on one thing at a time.
You need to pick an overarchinggoal, and then design specific
steps to accomplish that goal. Byattempting to work on multiple
projects simultaneously, you areessentially spreading yourself
too thin. By remaining organizedand staying focused on one thingat a time, you will be much more
efficient, effective, andsuccessful.
Pick a Single Goal
When creating your ultimate goal, you should be sure to select onemajor initiative. This way, you have a cohesive and manageable
benchmark to strive for. If you try to change the world via a varietyof universal issues, you will be unable to dedicate the necessary
time and resources to ever make an impactful difference. By whollyunderstanding a single goal, and by detailing a nuanced plan toaccomplish that goal, you will be setting yourself up for success.
Give to Projects That May Not Be YourDream Not-for-Profit
While not every nonprofit may be yourdream philanthropic organization, they
can still offer substantial benefit.Smaller organizations allow you to testthe waters, to see what works and what
fails, to understand the extent ofinvolvement and your role in that
involvement. Donating to anorganization along the way to
establishing your own is a fantastic wayto ensure you do not walk into
something with your eyes closed. Byfully understanding the scope of whatyou are attempting to accomplish, you
will be better prepared, morepassionate, and better able to make
your dream a reality.