The Art of Sustainable Growth: What the Not-For-Profit Business Model Can Teach You, Wendy Gonzalez, Samasource
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Across industries, the ability to grow your business without overinvesting resources is of utmost importance. Nonprofits face a unique challenge in being forced to run a lean ship without the safety net of VC money. The Sama team has turned constraints in resources into lessons on being mindful in how they run and build their business. Wendy Gonzalez, SVP & Managing Director of Samasource, explains how to apply nonprofit tactics to ensure the long-term success of your company, regardless of your funding source or the type of business you run.
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The Art of Sustainable Growth: What the Not-For-Profit Business Model Can Teach You, Wendy Gonzalez, Samasource
- 1. The Art of Sustainable Growth: What a Not-for-Profit Business Model Can Teach You Wendy Gonzalez Managing Director, Samasource
- 2. At Samasource we believe work is the best solution to the complex problem of poverty. We move people out of poverty by providing training and internet-based work that pays a living wage.
- 5. Samasource provides an entry point to formal work, serving as the first step towards a long-term career. EMPLOYMENT Workers earn a living wage. LONG-TERM CAREER After 3.5 years, workers average $8.15/day. $ TRAINING & SUPPORT Workers learn digital literacy, soft skills, job readiness, and financial literacy. WORK EXPERIENCE Workers move to other jobs in the formal sector POVERTY On average, people earn $2.20/day prior to joining Sama. PRE- SAMA CAREER PATHWAYS
- 7. Informal housing Poor nutrition Limited education Inadequate healthcare PRE-SAMA POVERTY: $2.20/DAY
- 8. Safe housing Healthy food Higher education Healthcare access PROSPERITY: $8.15/DAY POST-SAMA
- 9. 92% of startups fail within the first 3 years The Startup Genome Report on Premature Scaling, 2012 92%
- 10. 74% of startups failed due to premature scaling The Startup Genome Report on Premature Scaling, 2012 74%
- 11. An average non profit has a cash flow window of 6 months
- 12. U.S Census Bureau, 2012 NCCS, 2013 1.5 million nonprofits in the U.S 30 million corporations vs.
- 13. Traditional Nonprofit Traditional Corporation Traditional Corporation Samasource is neither a traditional nonprofit, nor a traditional corporation
- 15. $804 / YR BEFORE $2,974 / YR AFTER JULIET
- 19. 34,000+ LIVES TRANSFORMED 1,067 TRAINED 8,127 EMPLOYED 25,112 FAMILY MEMBERS Since 2008
- 20. Thank You!