Dan Pallotta makes a forceful case for changing the way we think about charities. This is a must watch video and its ideas need to be discussed and spread. The key problem is that while the issues that charities have to tackle are both growing and global in scale, we have shackled charities with outmoded ideas that prevent them from growing or scaling. From 1970 to 2009 only 144 non-profits have been able to grow beyond the $50 Million revenue figure. In the same time period more than 46,000 for-profit entities have grown to be more than 50 Million revenue. This means that while we allow for-profits certain leeway on how they operate, we shackle the non-profit sector. There is no real reason for our discrimination against the non-profit sector and the way we think needs to change, as the issues that the non-profit sector tackles are things that only they can deal with.
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