Over the past couple weeks, I’ve published articles about why it may be a bad idea to start a nonprofit (scroll down to the FAQ section) and four alternative ideas you can consider. But sometimes, starting a new nonprofit may really be the best way to support your cause! So how can you know if starting a nonprofit is a good idea?
7 conditions for starting a new nonprofit
If you meet all of the following conditions, it may be a good idea to start a nonprofit:
There are no other nonprofits serving the people/animals/environment you want to serve (Learn how to research whether there are nonprofits already serving your mission)
You’ve conducted in-depth research about the problem you want to solve, why it exists, and what specific, evidence-based solutions could solve it
You’ve spoken to key stakeholders impacted by your cause and they support your idea for a nonprofit and the specific programs you want to offer
You have the time, resources, and gritty attitude needed to run a business (YES, a nonprofit is a type of business!)
You’re willing to go after the funding needed to operate your nonprofit (Keep in mind that most startup nonprofits rely on the founder's personal network to get their initial funding — In other words, you should be comfortable asking your loved ones and colleagues for support)
You understand and embrace the fact that, unlike with other types of organizations, you can't make unilateral decisions about how your organization runs — You must share decision-making power with your board
You know at least two other people who want to join your board and share responsibility for leading and growing your nonprofit
Do you meet all 7 conditions?
If not, don’t worry! There are plenty of other ways you can support the mission you care about.
If you do meet all seven conditions, check out my free resource deck with all the tools you need to start your nonprofit.