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Nonprofits are Big Business

I love what I do and today I am really loving being a nonprofit ninja!

Why?  Read on.

Did you know how powerful the nonprofit sector is?

Nonprofits in the U.S. generate $1.1 trillion every year, which is more than the entire economies of Saudi Arabia and Sweden combined.

Here’s a great piece of video from Philanthropy Reports to play the next time you need to let someone know you mean business.  Big business.

I saw this on a recent post by Adam Huttler of Fractured Atlas who I always enjoy reading.  Now, if we rethink our organizations as businesses, we need to recreate ourselves as CEOs.  What does a CEO do?  Funny you should ask!  Fred Wilson, who writes about venture capital and technology addressed this topic with three no nonsense answers:

A CEO does only three things. Sets the overall vision and strategy of the company and communicates it to all stakeholders. Recruits, hires, and retains the very best talent for the company. Makes sure there is always enough cash in the bank.

Ninja/CEO

Takes multitasking to a new level.  Actually, in my mind it is all about balance.  Which is why the slash intrigues me the most.

I am open to suggestions about what you think a CEO does.

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Hoong Yee

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