should you start a non-profit so while
should you start a non-profit so while ago I made a video talking about
ago I made a video talking about
ago I made a video talking about nonprofits versus for-profit
nonprofits versus for-profit
nonprofits versus for-profit organizations and my advice if you’re
organizations and my advice if you’re
organizations and my advice if you’re indifferent between the two you don’t
indifferent between the two you don’t
indifferent between the two you don’t know if you should start a non-profit or
know if you should start a non-profit or
know if you should start a non-profit or for-profit I advise going for the profit
for-profit I advise going for the profit
for-profit I advise going for the profit company instead of a nonprofit
company instead of a nonprofit
company instead of a nonprofit organization the reason is I think you
organization the reason is I think you
organization the reason is I think you can have a lot more impact in the world
can have a lot more impact in the world
can have a lot more impact in the world if you start a for-profit company you
if you start a for-profit company you
if you start a for-profit company you can be in a lot more control of your
can be in a lot more control of your
can be in a lot more control of your revenue stream and not be constantly
revenue stream and not be constantly
revenue stream and not be constantly dependent on government grants and
dependent on government grants and
dependent on government grants and donations to support your organization
donations to support your organization
donations to support your organization one of my youtube viewers write in love
one of my youtube viewers write in love
one of my youtube viewers write in love you guys
you guys
you guys Nathan who asked would your opinion
Nathan who asked would your opinion
Nathan who asked would your opinion about starting a non-profit change if
about starting a non-profit change if
about starting a non-profit change if you are able to secure grant money from
you are able to secure grant money from
you are able to secure grant money from the government so first of all let me
the government so first of all let me
the government so first of all let me say before all the haters and the little
say before all the haters and the little
say before all the haters and the little man sprout up
man sprout up
man sprout up I love nonprofits and I do a lot of
I love nonprofits and I do a lot of
I love nonprofits and I do a lot of investing and help with nonprofit
investing and help with nonprofit
investing and help with nonprofit organizations I just think you can have
organizations I just think you can have
organizations I just think you can have a greater impact if you are in the
a greater impact if you are in the
a greater impact if you are in the for-profit business and that opinion
for-profit business and that opinion
for-profit business and that opinion doesn’t change if you get a government
doesn’t change if you get a government
doesn’t change if you get a government grant because that’s how nonprofits
grant because that’s how nonprofits
grant because that’s how nonprofits support themselves right it’s government
support themselves right it’s government
support themselves right it’s government grants and people in corporations giving
grants and people in corporations giving
grants and people in corporations giving donations and there is there’s a tax
donations and there is there’s a tax
donations and there is there’s a tax incentive to support nonprofits in that
incentive to support nonprofits in that
incentive to support nonprofits in that way the problem that I don’t like with
way the problem that I don’t like with
way the problem that I don’t like with nonprofits if you’re not in control of
nonprofits if you’re not in control of
nonprofits if you’re not in control of your revenue stream you’re always
your revenue stream you’re always
your revenue stream you’re always dependent on somebody being nice and
dependent on somebody being nice and
dependent on somebody being nice and giving you money and that government
giving you money and that government
giving you money and that government grant may disappear next year right so
grant may disappear next year right so
grant may disappear next year right so you you get this grant you go out you
you you get this grant you go out you
you you get this grant you go out you hire people you start doing projects and
hire people you start doing projects and
hire people you start doing projects and then what you do if that money is not
then what you do if that money is not
then what you do if that money is not there next year what you’re going to
there next year what you’re going to
there next year what you’re going to fire everybody what are you going to do
fire everybody what are you going to do
fire everybody what are you going to do your mission stops right I like being in
your mission stops right I like being in
your mission stops right I like being in control of my own destiny
control of my own destiny
control of my own destiny and you can do that by having a company
and you can do that by having a company
and you can do that by having a company and then using the proceeds to support
and then using the proceeds to support
and then using the proceeds to support whatever initiatives you want right and
whatever initiatives you want right and
whatever initiatives you want right and the more money you make with your
the more money you make with your
the more money you make with your business the more you can support any
business the more you can support any
business the more you can support any initiative that you want to do yourself
initiative that you want to do yourself
initiative that you want to do yourself a great example is Elon Musk who was one
a great example is Elon Musk who was one
a great example is Elon Musk who was one of the founders of PayPal and used the
of the founders of PayPal and used the
of the founders of PayPal and used the money from his sale to start off his own
money from his sale to start off his own
money from his sale to start off his own private enterprises
private enterprises
private enterprises with Tesla and SpaceX and with with
with Tesla and SpaceX and with with
with Tesla and SpaceX and with with Tesla
Tesla
Tesla he’s revolutionizing the way cars are
he’s revolutionizing the way cars are
he’s revolutionizing the way cars are built in America and hopefully around
built in America and hopefully around
built in America and hopefully around the world he’s trying to move a country
the world he’s trying to move a country
the world he’s trying to move a country from being so dependent on gas to using
from being so dependent on gas to using
from being so dependent on gas to using electricity and he’s he’s so adamant
electricity and he’s he’s so adamant
electricity and he’s he’s so adamant about this that all of his patents he
about this that all of his patents he
about this that all of his patents he put out opens and say hey Ford you can
put out opens and say hey Ford you can
put out opens and say hey Ford you can use my patent a GM use my patents I want
use my patent a GM use my patents I want
use my patent a GM use my patents I want to get these gas-guzzling cars off the
to get these gas-guzzling cars off the
to get these gas-guzzling cars off the street I want everybody to be driving
street I want everybody to be driving
street I want everybody to be driving electric cars that’s his that’s his
electric cars that’s his that’s his
electric cars that’s his that’s his mission and he’s done it by building
mission and he’s done it by building
mission and he’s done it by building companies and he’s having a major impact
companies and he’s having a major impact
companies and he’s having a major impact on the country on the world now it’s not
on the country on the world now it’s not
on the country on the world now it’s not that a non-profit can have an impact
that a non-profit can have an impact
that a non-profit can have an impact they can nonprofits have an amazing
they can nonprofits have an amazing
they can nonprofits have an amazing impact all around the world it’s just
impact all around the world it’s just
impact all around the world it’s just harder because you’re constantly
harder because you’re constantly
harder because you’re constantly depending on people being nice and
depending on people being nice and
depending on people being nice and giving you their money and donations and
giving you their money and donations and
giving you their money and donations and those things dry up they may not be
those things dry up they may not be
those things dry up they may not be there next year and I just don’t like
there next year and I just don’t like
there next year and I just don’t like the uncertainty so if you if you’re
the uncertainty so if you if you’re
the uncertainty so if you if you’re Nathan you’re starting this nonprofit
Nathan you’re starting this nonprofit
Nathan you’re starting this nonprofit you’ve got a government grant that’s
you’ve got a government grant that’s
you’ve got a government grant that’s awesome congratulations you know dealing
awesome congratulations you know dealing
awesome congratulations you know dealing with the government can be a huge pain
with the government can be a huge pain
with the government can be a huge pain you’re waiting so long to get your money
you’re waiting so long to get your money
you’re waiting so long to get your money the application process is ridiculous
the application process is ridiculous
the application process is ridiculous but congratulations on getting that
but congratulations on getting that
but congratulations on getting that grant and if your passion to start up a
grant and if your passion to start up a
grant and if your passion to start up a non-profit than do the nonprofit my
non-profit than do the nonprofit my
non-profit than do the nonprofit my advices are people who are on the fence
advices are people who are on the fence
advices are people who are on the fence they’re not sure what they want to do I
they’re not sure what they want to do I
they’re not sure what they want to do I think you have a greater impact going
think you have a greater impact going
think you have a greater impact going the for-profit route where you have
the for-profit route where you have
the for-profit route where you have control over your revenue stream over
control over your revenue stream over
control over your revenue stream over how you spend your money and you can do
how you spend your money and you can do
how you spend your money and you can do what you want with it to have a positive
what you want with it to have a positive
what you want with it to have a positive impact in the world that’s my advice
impact in the world that’s my advice
impact in the world that’s my advice believe those you’re watching I’d love
believe those you’re watching I’d love
believe those you’re watching I’d love to know what you think profit nonprofit
to know what you think profit nonprofit
to know what you think profit nonprofit leave it in the comment section below I
leave it in the comment section below I
leave it in the comment section below I want to hear from you you liked this
want to hear from you you liked this
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