Sunday, March 16, 2008

The Non-profit Entrepreneur- Some Successful Attributes

Starting a non-profit business requires as much, if not more, self-determination and drive as founding any other small business. It takes time, talent, and patience to establish a successful NPO. For those who are interested in educational nonprofits, it is essential that a would-be founder truly believes in the importance of knowledge and the significance of the benefits of research and education on a community.

Non-profit organizations are typically operated as incorporated entities, which means that they are typically run by a group of individuals working together as members who act together under the name of the organization. In founding an NPO, it is important to keep in mind that even when other members agree entirely with the mission of the organization, working in a team can often be a challenging endeavor. The ability to compromise, negotiate, and cooperate are essential to a successful NPO team.