
should you start a for-profit or nonprofit business
nonprofit business
nonprofit business I love businesses that have a social
I love businesses that have a social
I love businesses that have a social angle right you should want to give back
angle right you should want to give back
angle right you should want to give back to your community the people around you
to your community the people around you
to your community the people around you and make the world a better place not
and make the world a better place not
and make the world a better place not just through the product or service that
just through the product or service that
just through the product or service that you provide but also just by being a
you provide but also just by being a
you provide but also just by being a company that wants to do good and find
company that wants to do good and find
company that wants to do good and find ways to do that if it’s donations if
ways to do that if it’s donations if
ways to do that if it’s donations if it’s supporting through time whatever it
it’s supporting through time whatever it
it’s supporting through time whatever it is I believe that it’s a lot easier to
is I believe that it’s a lot easier to
is I believe that it’s a lot easier to have a bigger impact if you have money
have a bigger impact if you have money
have a bigger impact if you have money coming in so many nonprofits that
coming in so many nonprofits that
coming in so many nonprofits that startup struggle because they don’t have
startup struggle because they don’t have
startup struggle because they don’t have cash they have no money so they have a
cash they have no money so they have a
cash they have no money so they have a great they have a great vision for what
great they have a great vision for what
great they have a great vision for what they want to do they have a noble
they want to do they have a noble
they want to do they have a noble purpose but they’re constantly
purpose but they’re constantly
purpose but they’re constantly struggling and dying trying to find
struggling and dying trying to find
struggling and dying trying to find funds to make their business their
funds to make their business their
funds to make their business their organization happen you’re constantly
organization happen you’re constantly
organization happen you’re constantly underfunded and so I lean towards the
underfunded and so I lean towards the
underfunded and so I lean towards the for-profit side because by running a
for-profit side because by running a
for-profit side because by running a successful business you have money
successful business you have money
successful business you have money coming in that you can then give back to
coming in that you can then give back to
coming in that you can then give back to whatever project you want you don’t need
whatever project you want you don’t need
whatever project you want you don’t need as much outside funding because you’re
as much outside funding because you’re
as much outside funding because you’re making money and making money and
making money and making money and
making money and making money and helping people are not mutually
helping people are not mutually
helping people are not mutually exclusive
exclusive
exclusive making a lot of money doesn’t mean that
making a lot of money doesn’t mean that
making a lot of money doesn’t mean that you are not giving money back
you are not giving money back
you are not giving money back in fact they completely support each
in fact they completely support each
in fact they completely support each other I got a question from one of my
other I got a question from one of my
other I got a question from one of my facebook readers love you guys
facebook readers love you guys
facebook readers love you guys rajae who wrote in to say he has a
rajae who wrote in to say he has a
rajae who wrote in to say he has a problem in that he’s 18 years old he’s
problem in that he’s 18 years old he’s
problem in that he’s 18 years old he’s seen my videos he wants to start a
seen my videos he wants to start a
seen my videos he wants to start a non-profit or profit is not sure which
non-profit or profit is not sure which
non-profit or profit is not sure which one to do he has a dream that helped
one to do he has a dream that helped
one to do he has a dream that helped children in a lot of different ways he’s
children in a lot of different ways he’s
children in a lot of different ways he’s thinking he wants to do a for-profit
thinking he wants to do a for-profit
thinking he wants to do a for-profit business but he doesn’t have a business
business but he doesn’t have a business
business but he doesn’t have a business idea to start because what he really
idea to start because what he really
idea to start because what he really wants to do is start a non-profit you
wants to do is start a non-profit you
wants to do is start a non-profit you got to follow your passion okay if you
got to follow your passion okay if you
got to follow your passion okay if you don’t have a business idea if you’re not
don’t have a business idea if you’re not
don’t have a business idea if you’re not wired for business then you can’t start
wired for business then you can’t start
wired for business then you can’t start a business you’re not gonna have success
a business you’re not gonna have success
a business you’re not gonna have success you’re not gonna be happy because what
you’re not gonna be happy because what
you’re not gonna be happy because what you really want to do is do the charity
you really want to do is do the charity
you really want to do is do the charity if you’re on the fence if you’re not
if you’re on the fence if you’re not
if you’re on the fence if you’re not sure if you have business ideas and and
sure if you have business ideas and and
sure if you have business ideas and and you don’t think that you can marry that
you don’t think that you can marry that
you don’t think that you can marry that with a successful charity
with a successful charity
with a successful charity then then that makes sense because you
then then that makes sense because you
then then that makes sense because you can that’s just a limiting belief but if
can that’s just a limiting belief but if
can that’s just a limiting belief but if you have no interest in business and
you have no interest in business and
you have no interest in business and you’re struggling just to find a product
you’re struggling just to find a product
you’re struggling just to find a product that will work then don’t go into
that will work then don’t go into
that will work then don’t go into business you have to go in it for the
business you have to go in it for the
business you have to go in it for the right reason you have to go in it
right reason you have to go in it
right reason you have to go in it because you believe in that product or
because you believe in that product or
because you believe in that product or service that you’re selling so do the
service that you’re selling so do the
service that you’re selling so do the charity what may help you is find a
charity what may help you is find a
charity what may help you is find a business partner someone who who is
business partner someone who who is
business partner someone who who is running the business and you could be
running the business and you could be
running the business and you could be their charity arm so it’s finding ways
their charity arm so it’s finding ways
their charity arm so it’s finding ways that you get cash flow because if you’re
that you get cash flow because if you’re
that you get cash flow because if you’re not running the company you have to rely
not running the company you have to rely
not running the company you have to rely on outside people to give you money but
on outside people to give you money but
on outside people to give you money but you’ll still have more success at that
you’ll still have more success at that
you’ll still have more success at that because you love the charity part of it
because you love the charity part of it
because you love the charity part of it then you will try to force a solution
then you will try to force a solution
then you will try to force a solution into being a business owner it’s harder
into being a business owner it’s harder
into being a business owner it’s harder but you can still have success you’ll
but you can still have success you’ll
but you can still have success you’ll have the most success by doing what
have the most success by doing what
have the most success by doing what you’re passionate about this is like
you’re passionate about this is like
you’re passionate about this is like being you know being a banker being a
being you know being a banker being a
being you know being a banker being a bowler okay the common advice would be
bowler okay the common advice would be
bowler okay the common advice would be go be a banker you can make tons of
go be a banker you can make tons of
go be a banker you can make tons of money being a banker you’re good at
money being a banker you’re good at
money being a banker you’re good at being a banker you went to school for
being a banker you went to school for
being a banker you went to school for being a banker be a banker but you love
being a banker be a banker but you love
being a banker be a banker but you love bowling people will tell you you can’t
bowling people will tell you you can’t
bowling people will tell you you can’t make money as a bowler what are you
make money as a bowler what are you
make money as a bowler what are you doing a bowling are you kidding me but
doing a bowling are you kidding me but
doing a bowling are you kidding me but if your passion is not in banking and
if your passion is not in banking and
if your passion is not in banking and it’s in bowling if you keep going down
it’s in bowling if you keep going down
it’s in bowling if you keep going down the banking career path you’re gonna be
the banking career path you’re gonna be
the banking career path you’re gonna be stuck you’re gonna always feel like
stuck you’re gonna always feel like
stuck you’re gonna always feel like there’s something missing in your life
there’s something missing in your life
there’s something missing in your life because you’re not doing something that
because you’re not doing something that
because you’re not doing something that your passion but you may be good at it
your passion but you may be good at it
your passion but you may be good at it but you’re not passionate about it
but you’re not passionate about it
but you’re not passionate about it you’re doing it for the wrong reasons
you’re doing it for the wrong reasons
you’re doing it for the wrong reasons you’re doing it for just the security
you’re doing it for just the security
you’re doing it for just the security and the safety and maybe external you
and the safety and maybe external you
and the safety and maybe external you know satisfaction of people support you
know satisfaction of people support you
know satisfaction of people support you that’s what society tells you to do
that’s what society tells you to do
that’s what society tells you to do you’re believing in that more than
you’re believing in that more than
you’re believing in that more than you’re believing in yourself you should
you’re believing in yourself you should
you’re believing in yourself you should go be a bowler
go be a bowler
go be a bowler and if you are super passionate about
and if you are super passionate about
and if you are super passionate about bowling you’ll make money and more money
bowling you’ll make money and more money
bowling you’ll make money and more money than you would being a banker I believe
than you would being a banker I believe
than you would being a banker I believe that and I’ve seen it happen over and
that and I’ve seen it happen over and
that and I’ve seen it happen over and over and over and over and over again
over and over and over and over again
over and over and over and over again just because society tells you this is
just because society tells you this is
just because society tells you this is what you have to do if you go out and do
what you have to do if you go out and do
what you have to do if you go out and do it and you’re not excited about it
it and you’re not excited about it
it and you’re not excited about it you’re not gonna have massive success
you’re not gonna have massive success
you’re not gonna have massive success and you’ll always feel that something’s
and you’ll always feel that something’s
and you’ll always feel that something’s missing in your life so for you don’t
missing in your life so for you don’t
missing in your life so for you don’t force the business do the charity you’ll
force the business do the charity you’ll
force the business do the charity you’ll have more success believe those are you
have more success believe those are you
have more success believe those are you watching you liked the video please give
watching you liked the video please give
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channel to see more leave a comment if you have a question or you want to say
you have a question or you want to say
you have a question or you want to say something about this video
something about this video
something about this video I love Tino’s come in every morning I
I love Tino’s come in every morning I
I love Tino’s come in every morning I read my comments the best part of my day
read my comments the best part of my day
read my comments the best part of my day so thank you so much and I’ll see you
so thank you so much and I’ll see you
so thank you so much and I’ll see you soon
”
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