Olivia Khalili's blog

Slovenian philosopher and theorist Slavoj Žižek swings a sledge hammer at the knees of ‘cultural capitalism’ in this 10-minute video. And I admit, my knees buckled for some moments as I listened to his critique of Starbucks for its fair trade coffee, of philanthropist George Soros and of ‘charity businesses’ like TOMS Shoes.

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Sure, Americans love their mobile phones and use them handily, but there’s still stunted confidence for mobile financial transactions, whether it’s a payment or a donation. Part of the reticence comes from the clumsiness of many mobile commerce and mobile giving sites and part of it’s a lack of incentives.

Benevity Social Ventures and Obopay recently launched a text-to-donate ...

I’m not the first to make the case that crowdsourced social good contests should retreat quickly into the night.

• They’re inefficient at creating change;
• Their current popularity has diminished the value they bring to companies and brands;
• Consumers are fed up with them (how many vote-for-me solicitations do you get a week that make you feel more like a brand pusher than a change agent?); and
• For the money and hoopla they involve, they should accomplish more than marketing the company and channeling money to (often unvetted and under-qualified)
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You have your board.  Now what?

I wrote before about when and how to assemble your advisory board.  If you already have an advisory board though, what can you realistically expect from the people who comprise it and how do you best leverage their skills and commitment?

The first part–what you can realistically expect from your advisors–should be agreed on before they commit. I spoke with one enterprenenur who realized in hindsight the criticality of setting...

I used to consult with nonprofits as part of a firm. What I’m about to write comes from my observations doing this work.

We can do more good and do it more quickly with a for-profit model.

Nonprofits aren’t bad, their model just has some flaws. A nonprofit has two tasks: to serve its cause or constituents and to raise money. A for-profit’s only task is to satisfy its stakeholders. The by-product of doing this well is making money.

A nonprofit doesn’t get to the ‘good’ fast enough. There’s a lot of preparation to get started on fighting the cause or delivering services. Nonprofits paid our firm to tell them how and where to raise money. They paid us to do the research and write the proposals. But they weren’t off the hook for time. They still needed to spend time with us on their programs, budgets and contacts. They still needed to woo grant-makers, find new ways to grab donors’ attention and write follow-up reports. All this time took them away from their mission and the cause they were fighting.

Think of a guy who decides to take up running. He spends the first weekend researching and shopping for running shoes. The second weekend buying running shorts, the third weekend mapping the perfect route. On the fourth weekend he goes (but only if it doesn’t rain). That’s how I see the nonprofit survival model.

Compare this to the guy who decides to take up running. He grabs the closest pair of shorts that he probably slept in, laces up the shoes he has lying around and walks out his front door. He’ll move his legs like runners do and figure the rest out from there. That’s how I see for-profit start-ups. Able to get to the mission quickly and willing to course correct along the way.

It’s the simplest programs that drive action and results. Three days after Haiti was struck by the January 12 earthquake, Discover Card enacted a simple relief program that raised $3.1 million. Card members could contribute their cash back bonus points to the American Red Cross and Discover would convert this to dollars and match the donation.

In addition–and this is critical to demonstrate support–Discover made an initial gift of $100,000 and matched $1 million of card member donations. The company is also waiving merchant transaction fees for 17 organizations providing support to...