Last year, I helped my wife found a startup. We incorporated, bought office supplies, set up shop in the dining room, fought for new business, and even fought with each other now and then. In short, we did whatever it took to get our fledgling operation off the ground and make it a success. In contrast to most Silicon Valley startups that are haunted by a lack of profitability, ours would be “not profitable by design.” Our agency, CASSY (Counseling and Support Services for Youth) would be a 501(c)(3) nonprofit.
Most startup ventures fantasize about someday becoming cash flow positive on their way to making a profit. The push for them is to generate more and more revenue, keep costs down and grow profit. Business 101. Not with us. Although we need to be fiscally responsible in order to survive, we’re technically not allowed to make a profit. Sure, we need to generate revenue to cover costs. We can even bring in more money than we spend in a given year. However, we cannot grow equity since there’s no such thing as equity in our world. Instead, we must pour everything we make back into the organization to achieve our mission.
As a nonprofit, we are all about “mission.” Turns out this is an incredibly good thing. Instead of pursuing profit growth (insert pig and truffle analogy here), CASSY exists for no other reason than to pursue its mission – to de-stigmatize mental health services and make supporting students’ social and emotional well-being the norm in our local schools. We dream of a world where all kids get the social and emotional support they need to be successful in school and in life.
What’s powerful are not the specifics of our particular mission, it’s that we have one and that everyone involved is committed to do their part to help achieve it. Executive Director. Staff. Board of Directors. Community Supporters. They are all individuals who believe in and are truly committed to pursuing this shared mission. Together they have a purpose, a reason for being.
In today’s world where people are more engaged with their social network than they are with their workplace, it’s quite possible that commercial organizations could learn something here. Although companies are still getting lots of our hours, most of them are not getting much of our passion. Successful organizations create a culture around a mission worth pursuing. Microsoft in the early days. Apple today. Tesla. Facebook. The Body Shop. Not only do they have a clear mission and culture, but they enlist others who are enthusiastic about contributing to the mission, folks ready to raise their cups with both hands and chug the corporate KoolAid with reckless abandon. Why do they drink? Because they love how it tastes.
To engage us, organizations need to inspire us. After all, helping a corporate entity make their quarterly number just isn’t that exciting.
Give us a cause, a crusade. Something to “Like”…