A Modern Nonprofit Podcast

Beyond Donations: Growing Your Mission with Earned Income


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How do you grow your mission without chasing the money?

Are you a nonprofit leader struggling with how prioritize revenue to avoid the trap of money becoming the mission?

Curious about how you can be sure a new revenue stream is a great fit for your organization?

You need to listen what Bill Woolsey has to say about earned income.

This week on A Modern Nonprofit, Bill Woolsey joins us to talk about how nonprofits can diversify their revenue streams with earned income opportunities, and tips for making sure those opportunities align with your mission and values.

Bill is the founder of FiveTwo Network and focuses on helping entrepreneurs grow their mission and build better programs by prioritizing revenue generation.

Tosha and Bill talk about how you can diversify your revenue streams with earned income. In this episode, you’ll find out:

  • Ways for-profit companies can set up a nonprofit operation or foundation to advance their cause of choice. (4:02)
  • How diversifying your revenue streams communicates a hand-up, not just a hand-out. (7:34)
  • Why your earned income sources MUST align your mission (9:34)
  • The #1 scarcity mindset shift nonprofits need to make and why it’s so hard to find a balance between your mission and the money needed to grow it. (15:50)
  • The role every nonprofit founder has to own in order to grow their mission, and why that can be hard for many nonprofit leaders. (18:52)
  • Thanks for listening and be sure to subscribe for new episodes every week!

    For more nonprofit accounting resources check out www.thecharitycfo.com 

    For more information on how entrepreneurs can combine faith and business through new ventures, visit FiveTwo Networks @ fivetwo.com.

    https://Fivetwo.com

    https://startnewtraining.com
    https://startnewtraining.com/mini-course

    Want to WATCH A Modern Nonprofit? Check out this episode on YouTube now: https://youtu.be/5iiGXD5-y7A

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    A Modern Nonprofit PodcastBy The Charity CFO, LLC

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