Should You Set Up A Nonprofit As A Creative Professional?
You've slain your business demons, hit your goals, and done what you wanted to do with life; now what? For many creative entrepreneurs, when the challenge of setting up a new business has run its course or their priorities in life change, there is often the question of what to do next. If what you currently do no longer gives you that thrill or satisfaction, it can be tricky to figure out what comes next.
You're not ready for retirement, nor can you continue what you do. At this crossroads, many people, and a majority of those from a creative background, usually look at setting up a nonprofit. Of course, starting a nonprofit has pros and cons, and not all ideas will work or are feasible, but you can find out how to start a (501)(c)(3) to see if this is suitable for you.
This contributed post is going to look at the reasons why your next venture should be a nonprofit.
You Want to Leave A Legacy
If you've led a fulfilling life, expressed yourself as fully as possible, and now aspire to leave a lasting legacy for your family, community, or a cause you're passionate about, a nonprofit can be your conduit. By dedicating your efforts to a charitable cause, you can create a positive impact that extends far beyond your lifetime. If you're driven by the desire to be remembered for your contributions, a nonprofit offers a powerful avenue to achieve this.
To Meet a Need
Often, people start nonprofits because they've identified a need that isn't being met. This can be anything and everything, and if your business model lends itself to being a nonprofit and you can see a gap between what you offer and the demands of the services, then you can consider how this can work for you and what you can do to help. If you have passion and a desire for doing good and charitable purposes, ie reaching out to underprivileged demographics to expose them to art, creative expression, and emotional wellness they might not otherwise be able to access, then you are well placed to put this into practice and do something you feel is worthwhile.
You Are Following A Calling
Do you feel compelled to do this and think with great urgency this is your purpose? You're not alone. 40 of the top 50 American charities are faith-based, and many people set up organizations because they feel a calling. Now, this doesn't have to be faith-based, and sure, there are always exceptions to the rule and those who will try to abide by the system for the wrong reasons, but if you feel a strong calling to something, grab it with both hands and see where it takes you. This sense of urgency and importance can be a powerful motivator in your next career move.
You Want A Good Career Move
Typically, the age of a person starting a nonprofit is older than the usual entrepreneur, and this is for many reasons, usually that they have done everything else they want to and are looking for something else to do alongside or instead of their current ventures. If you want to make a strategic career move, this could be the right path for you. Running this type of organization can, in some ways, challenge you to rethink how you operate and see the world to make the changes necessary and push forward with goals. This can be a unique opportunity for personal growth and a new, exciting challenge in your career.
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