EVEN MOTHER TERESA HAD BILLS TO PAY

Posted by | August 23, 2012 | Uncategorized | No Comments

You’ve got to be mercenary to be merciful. We’re constantly amazed at the way non-profits—even the ones we’re involved with—run their business. There’s something about the phrase “not-for-profit” that seems to turn even good businesspeople into mush. Ironically, with uncertain and erratic cash flows, non-profits should probably be run MORE ruthlessly than most businesses rather than less. The most successful non-profits run as if they’re for profit organizations. And by the way, have you volunteered for anything today? (They need you!)

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