I am starting a non-profit organization that will use Network Marketing as a means to raise revenue for charitable causes. I need access to those that have experience with a MLM startup to consult with questions about structuring a compensation plan, pricing, legalities, and general pitfalls. Anyone here have that kind of expertise? Yes, I know there are consulting companies out there that specialize in this but they want way too much money for their services. I am starting a charity after all. Can anyone help?
If you are planning on starting a charity I think the first issue is to truly recognise that you are a non-profit organisation. MLM and advanced marketing techniques are really centred around turning a profit. Perhaps you should focus on your cause and ask for donations rather than advanced marketing! What causes are you planning on raising money for?
This topic is very interesting to me. I have done a couple of non-traditional fundraising campaigns for charity. One campaign was to send out a fundraising letter notifying people that for a specified period of time, I would be donating a portion of revenues to a particular charity. This was sent to the mailing list of past and potential donors. Unlike begging, this letter invited people to use my services as opposed to someone else's, knowing that they would be supporting a good cause, without having to write an extra check.
The other campaign involved putting a banner on the website of a charity, which resulted in a donation everytime someone clicked through and made a purchase.
There are many creative ways to help charities, and many of them are business-enhancing as well. It is so much more rewarding to build "good deeds" into a business model. I'm all for profit, and adding tax-deductable fundraisers into the mix builds goodwill and it's fun.[/quote]
Catt, I agree with you.
That's why I only support local organizations that I am either personally involved with, or I know who is running the organization and know exactly where the money goes. I do occasionally give money without knowing those things, but it really feels better when you know for sure that the donations are going for their intended purpose. Fortunately, where I live there are some very well run organizations that keep their overheads minimal, and really manage their resources well.
I think that personal knowledge, or referrals from trusted sources are a good way to find these charities.
why dont u watch a movie called 'pay it forward'. we here in India stated a charitable organization by taking a clue from this movie.
Idea was to help small time business man. We gave low interest loans. The debtor was supposed to pass on the interest to some other budding entrepreneur. The condition was that once he starts making profit he will pay our debt plus some interest and give equal amount of money to some other needy person.
That needy person will return the principal amount to his creditor but the interest will come to us.
The interest was half than what banks charged. No legal hussles were there. Since our organization was run by the most respected people in our are we were easily trusted,
It was a huge hit. We multiplied our corpse over 15 times in mere 19 month. The ROI for our organization was around 900percent.
We live in a Goa near the border between Goa and Karnataka.
he amount was always 5k. It was carried out through a temple trust while the meetings took place quarterly.
The scheme is now stopped any ways.
Running a Charity sometimes involves begging were you required to ask for donation. let me do some research and I'll get back to ya.