John Kozeski, founder of John Thomas Consulting, discusses the misconception that nonprofit organizations do not require traditional entrepreneurial and business management skills.
“Anyone that thinks that they're going to start a nonprofit and think it's simpler or any different than starting a restaurant or you know, an ice cream stand down the street is completely mistaken. They are starting a small business.”
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More from John Kozeski
Insight
Kozeski: Donors should actively want nonprofits to allocate funds to overhead
“So I always make the argument to, Institutional funders or donors of you actually want some overhead because that's how you ensure that your dollars are being properly spent.”
John KozeskiDec 7, 2022▶ 6:28A Nonprofit Is Just a Business That Doesn't Turn a Profit
Insight
Kozeski: Nonprofits attract either the financially secure or underpaid idealists
“You really find one of two types of people in nonprofits. It's either people that are you know, able financially at a point in their life to now give back to the community, or it's people that are entirely passionate about the cause and they don't care what th…”
John KozeskiDec 7, 2022▶ 10:27A Nonprofit Is Just a Business That Doesn't Turn a Profit
“There are entire firms that exist and they have two or three clients at most, and their job is just to give away these funds. I mean, it's been a race for all nonprofits to try to identify You know, who's that clearing house for the Mackenzie Scott's of the wo…”
John KozeskiDec 7, 2022▶ 24:06A Nonprofit Is Just a Business That Doesn't Turn a Profit
Insight
Kozeski: Prospective nonprofit founders should join existing efforts instead of competing
“What I would always, always caution is take a strong look around and see if anybody else is doing what it is that you want to do, because unlike entrepreneurship, where you can elbow somebody out you know, if somebody's already doing good in that space, See if…”
John KozeskiDec 7, 2022▶ 41:50A Nonprofit Is Just a Business That Doesn't Turn a Profit
AssertionNot checkable as stated
Kozeski: Corporate citizenship grew more from 2018 to 2022 than prior 17 years
“Having been in this business now for, like I said, 17 years, I've seen more corporate citizenship in the last four years than at any other point in my career.”
John KozeskiDec 7, 2022▶ 19:18A Nonprofit Is Just a Business That Doesn't Turn a Profit
AssertionSupported
Kozeski: US has a record number of nonprofits, totaling in the millions
“There is a record number of nonprofits in the United States today. It is an incredible figure and it's into the millions.”
John KozeskiDec 7, 2022▶ 11:50A Nonprofit Is Just a Business That Doesn't Turn a Profit
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