There are many ways to use entrepreneurship to make the world a better place. Our organization Charity Entrepreneurship focuses on the founding of new charities. But why charities and not social ventures or for-profit ventures? In this post, we explain some of the differences between these areas, why we focus on charities, and what to consider when assessing your personal fit for each of the options.
We recently hosted an online event, “Impactful opportunities around and adjacent to charity entrepreneurship”. In this short talk and Q&A session, we covered topics like:
We have written previously about the expected value of founding an impactful charity, considering only the largest and most direct impacts. However, these are far from the only benefits. By founding a new charity, you can positively affect your and your team’s future ability to do good, as well as influence the charitable movement you support. We consider this collection of benefits to be the non-direct impact of charity entrepreneurship as a career. This post is about the impact of charity entrepreneurship on your future ability to do good.
It’s a decade since the launch of philosopher Peter Singer’s seminal The Life You Can Save: Acting Now to End World Poverty. The book, which argues for our obligations toward those living in poverty and outlines paths for action, led to the founding of an organisation of the same name and gave momentum to the then-emerging effective altruism movement.
Now, the updated tenth-anniversary edition of The Life You Can Save is available for free as an ebook and audiobook. This is exciting news for those of us here at Charity Entrepreneurship. By drawing attention to the huge potential of effective charitable interventions, The Life You Can Save has been a major inspiration to CE’s founders, as well as many alumni and staff.
My husband Joey and I run a nonprofit, and we pay ourselves what we would make if the world’s wealth was entirely equally distributed. Often when people hear this they think that we live like austere monks, eating nothing but rice and beans, drinking only water, and working until we drop from exhaustion. However, we actually live a very comfortable lifestyle. I think one reason for this is that we have thought strategically about how to have fun on a budget. We’ve learned a lot from this experience and in this blog post I’ll explain more about how we do a lot with a little.
A lot of people in the EA movement have a large say over their salary, whether it be earning to give where you can donate down to a certain amount or working for a nonprofit where you take a lower salary. EAs are a unique group in that many of them are taking a salary they feel is ethical instead of the average amount the market would pay for someone of their skill set. So what amount is ethical.
This post was previously published at EA forum by Peter Hurford
We all make decisions every day. Some of these decisions are pretty inconsequential, such as what to have for an afternoon snack. Some of these decisions are quite consequential, such as where to live or what to dedicate the next year of your life to. Finding a way to make these decisions better is important.
Say you want to do good throughout your life. One unfortunate possibility is that your interest in doing so might fade over time. There are many examples of this happening, from youthful activists getting jaded to former nonprofit workers moving to money-making jobs. But this fading is not inevitable, and can be both understood and prevented. We all want to be good people, and there are simple tricks that can help us accomplish that and prevent our good intentions from fading away.