There are a variety of ways to prepare for founding your own charity. There is, of course, the legal and bureaucratic work, but much more important is getting ready, skill and knowledge-wise. Many charities are founded on a whim or impulse, but the best charities are founded after considerable careful and deliberate thought.
“I’m convinced that half of what separates the successful entrepreneurs from the non-successful ones is pure perseverance.”
-- Steve Jobs
If you are convinced that charity entrepreneurship might be a high-impact and satisfying career, the next question you might ask yourself is whether charity entrepreneurship is a good personal fit for you.
Starting a charity involves a lot more risk, stress, open-ended tasks, and heavier responsibility than most other jobs. We’ve listed the key personality traits and skills we think are necessary for a successful charity entrepreneur. The good news is, your personality is dynamic. You can cultivate certain traits if you want to, so if you do not have one of these it's not set in stone.
Successful charity entrepreneurs are:
We created the list of our recommended poverty charities to found in 2016. Our original list included 5 promising interventions:
In the past, Charity Entrepreneurship (CE) has been focused on poverty charities, founding one ourselves and supporting the creation of another, both of which were GiveWell incubated. So why the shift in our research focus? Ultimately, it comes down to what we think is the highest impact area to focus on. Some of the factors that most influenced us were: