Archive for the ‘Uncategorized’ Category

Using up your currency…women & the VC world

Wednesday, October 20th, 2010

I am doing a lot of research on women, entrepreneurship and investment and found this quote from Cindy Padnos of Illuminate Ventures (as posted by Nick Leiber in Business Week) very interesting:

Of course, it’s not just about adding women partners—the firm’s culture needs to change, too. Padnos told the audience this anecdote: “When I go out with these women-led companies and introduce them to women [venture capital] investors, I frequently hear a comment that shocked me—and when I thought about it, I realized they were right. They say, ‘I’m a new partner here. I’ve already done one woman-led deal. I can’t do another.’ Now substitute another male-led deal, Indian-led deal, Asian-led deal; anything else and you would think that person was absolutely out of their mind. But in reality when they’re in a partnership where they’re the only woman partner…and they are a junior partner in the firm and they’ve made one bet already on a woman, they’ve got to see it through successfully before they feel comfortable taking on another.”

If you are interested in learning more about research on women and the VC world, check out Padnos’ whitepaper, “High Performance Entrepreneurs: Women in High Tech.”

Zilch: The Road Less Traveled

Monday, July 12th, 2010

When I was in college, I remember making one of those “life decisions.” Did I really want to be a starving artist in New York City, or did I want to live up to the challenge of addressing social and environmental injustice? In the end, it turns out artists make more money in NYC than nonprofit folks…at least that’s how it seems. But, I’ve also found that one of my best assets in the nonprofit world is the off-the-wall creativity that set me apart as an art student.

Today the Nonprofit Millennial Bloggers Alliance is writing about how our organizations have been doing more with less, thanks to some great inspiration by Do Something CEO Nancy Lublin’s recent book, Zilch: The Power of Zero in Business. (Nancy Lublin, by the way, is one of my favorite nonprofit writers. Check out her monthly column in Fast Company.)

Let’s step back a little and highlight the obvious: Zero in this context refers to zero money. Not zero talent. Not zero determination. Not zero creativity. My experience in the nonprofit sector over the last year has focused on the work of start-up nonprofits, where people are doing a lot with little to no budget. It is absolutely amazing the things people will come up with, how they will leverage existing low cost technologies, seek out free networking opportunities, utilize connections and so on. One project I’ve been especially excited about, is Pipeline’s #womeninnovator video series which was started by Strategic Initiatives Associate Claire McGovern just this summer. The costs are low (one-time flip cam cost + volunteer hours + free vimeo account) and the returns are high (recognizing, highlighting, and promoting women innovators + creating buzz + fulfilling the org’s mission). The ROI is totally measurable in this context too, as long as we place a dollar value on the social returns.

The only aspect of this equation that is difficult for start-up nonprofits is the sustainability of volunteer (or in other cases underpaid) staff. But, even here there are some great opportunities for non-financial compensation. Providing professional development opportunities, sharing professional contacts, writing letters of recommendation, flexible work schedule, more vacation days, etc. Thanks to the growing interest in high quality-of-life jobs, there are lots of ways nonprofits can satisfy their loyal staff that don’t include big end of year bonuses and tickets to sports games.

Nancy says it best in Zilch:

The misconception is that not-for-profits don’t have to be innovative, that we aren’t ambitious, and that we can simply rely on hard work and commitment and we’ll do just fine…Instead, [innovation is] an integral aspect of out daily functioning. Not-for-profits have to be innovative continuously in order to survive. We need to be creative in order to keep costs down, to find fresh sources of funding, to energize our own over-worked, underpaid staffers, and to figure out an original way to put on an annual event. Without an abundance of resources or manpower, innovation is a way of life.

Furthermore, part of the nature of the nonprofit sector is not only questioning but also rethinking the status quo. This in and of itself requires a great deal of creativity and innovation!

As an artist, I’ve always found that I produce my best work when constraints are applied.The smaller a box you are given to work with, the more things you will be able to discover you can do within that box. Think of kids: One of the most amazing things about kids is they can have every toy in the world, their bedrooms overflowing with expensive dolls, blocks, cars, science sets, video games, etc. but they are bored and “have nothing to play with.” And yet, those same kids can spend an entire afternoon fabulously entertained with just a bucket and a shovel. Or a piece of chalk. Or a stick. The same is absolutely true of nonprofit, or any company for that matter. We just have the good luck to have self-imposed creativity demands. :)

Quote of the Day

Thursday, February 4th, 2010

“People are like stained-glass windows. They sparkle and shine when the sun is out, but when the darkness sets in, their true beauty is revealed only if there is a light from within.” Elizabeth Kübler-Ross

I’m not really a big quote person, but I think this one deserves the deviation.

(via Mekaelia–YNPN-NYC Partnerships Chair)

Haiti: Trying to comprehend

Tuesday, January 19th, 2010

Today the Nonprofit Millennial Bloggers Alliance is collectively posting about the nonprofit sector’s response to Haiti’s disaster.  Check out the list of bloggers for their posts.

I was on vacation with my family in Vermont on January 12th– mostly concerned with sledding as much as possible and eating buffalo wings and s’mores. So, upon my return to civilization I was caught off-guard by the whirlwind of the Haiti earthquake. I saw on CNN the announcement that 50,000 people were presumed dead. “What?! That cannot be right.” I could not comprehend the number of human lives lost or wrap my head around what was going on. But the number has only continued to rise and fatalities are now estimated at over 200,000. It is beyond staggering.

I find it very difficult to understand what it going on and so, I do what most people do when trying to comprehend a difficult situation: I try to empathize. Although, of course in this case that is impossible–I try my best.

I was 10 years old when Hurricane Andrew–a category 5 hurricane–hit South Florida in 1992. I remember the day before the hurricane hit: our house was boarded up with plywood, we brought all the backyard toys into the living room, I took breaks from pulling down grapefruits and avocados from our trees (so they wouldn’t break windows when the wind picked up) by jumping in the pool. We were in an evacuation zone, so we left in the early evening for my grandmother’s house. We passed the night 6 of us in my grandmother’s closet sitting on shoes.

And the next day our house–along with every other one in my neighborhood–was completely destroyed and uninhabitable.

We spent the next couple of months as vagabonds. I remember sleeping in sheets that were unknowingly covered in fiberglass and itching uncontrollably, moving from one person’s house to another, feeling lucky that my grandmother had a gas stove so we could cook and boil water. My mother, meanwhile, was literally excavating our home for anything she could find to salvage, trying to process our insurance (and document every single thing we lost) so we could have a place to live, and just making sure we had the basic necessities. Businesses and schools were closed for months–the economy obviously under duress–as residents tried to piece their lives together and make sense of a life-changing catastrophe.

Hurricane Andrew resulted in $40.7 billion (2008 USD) in property damage and 69 fatalities [Hurricane Katrina resulted in $89.6 billion (2008 USD) in property damage and 1,836 fatalities]. Fatalities from Hurricane Andrew and Hurricane Katrina are each less than 1% of the current estimated fatalities in Haiti. These numbers only just begin to put the extreme devastation in Haiti into perspective. Wyclef Jean, who has been in Haiti recovering dead bodies, very appropriately describes it as the apocalypse:

What does this mean for aid? For disaster preparation? For emergency response? For sympathy? For empathy? But maybe more importantly, for collective action?

The truth of the matter is that it is impossible to understand what is happening in Haiti without being there–you can only imagine, and I know my imagination is not even scratching the surface despite my experience with a destructive natural disaster. But that doesn’t prevent action. Today the YNPN-NYC listserv has been full of benefit events from various nonprofit organizations to raise money for relief efforts in Haiti. The Nonprofit Millennial Bloggers Alliance committed to writing about the topic. Individuals around the world are donating money and raising awareness–text message donations alone have already raised USD$22 million in a week. Celebrities, including Sandra Bullock and Gisele Bundchen who have donated USD$1 million and USD$1.5 million respectively, are also making major financial contributions to the relief effort.

But perhaps the real action is a long-term commitment to relief, development, and moral support. It took South Florida years to fully recover Hurricane Andrew, New Orleans still continues to struggle post-Katrina–and this disaster is far, far worse. Young nonprofit leaders, get ready. Now is the time to step up.

“How do you define and measure social impact?”

Tuesday, November 17th, 2009

As I’ve spent the last year figuring out where I want to direct my career, I have come to the conclusion that social impact metrics and performance evaluation is the path I want to take. So I was very excited when I found out that my first post as part of the Nonprofit Millennial Bloggers Alliance would be addressing just that.

I want to preface my answer by saying that I am a total nerd–so looking at numbers, evaluating statistical relationships, and quantifying values are all very exciting to me. But why do these things matter to nonprofit organizations which are providing social good? If Girls on the Run (GOTR)–”a nonprofit prevention program that encourages preteen girls to develop self-respect and healthy lifestyles through running”–provides a great after-school program, does it really matter what the impact is? Shouldn’t we just be glad that they are providing this service? (more…)

Open Source NPO

Friday, October 9th, 2009

In response to some of the conversations I have been having lately—both virtually and in-person–regarding the role of competition, collaboration, and communication in the social sector, I have been trying to think about how and why these issues exist in the first place….and how they might be addressed. Now, we all know that generalizations can sometimes be unfair, but sometimes they can also be rather accurate….read on:

Competition: Nonprofits are constantly targeted by the business-minded as lacking efficiency due to the fact that NPOs are not competing in an open market. As a result, the need for innovation is removed. Which is not to say that innovation isn’t necessarily occurring in the nonprofit world, but it tends to be driven internally (as in, “Hey we feel like we want to do this”) rather than externally (as in, “Hey we have to do this if we want to survive”). The competition element is increasing, however, as nonprofit watchdogs, like Charity Navigator, and private foundations are relying on industry best-practices to evaluate the relative effectiveness of nonprofit organizations. This in turn is informing where foundations invest their funding and encourages individual donors to also do their research when giving. (more…)

Castle Rock: Lessons on Hiking & Entrepreneurship

Friday, September 4th, 2009

I dug out my old headlamp, had my mother ship me my sleeping bag, looked over my urban wardrobe despondently before picking out some articles that could function as “camp attire,” and boarded a flight to North Carolina for the 2009 Rockbrook Camp Reunion. I started going to Rockbrook when I was 12 years old and was a camper there for 5 years, a staff member for an additional 5—and I hadn’t been back since August 2004. As a matter of fact, as I walked down the unlit gravel path to my cabin on Friday night and was actually slightly afraid of the dark and the woods, I realized that it had been 5 years since I had been camping at all.

After 10 summers of living in rustic cabins, prowling around after dark without a flashlight, going on daily hikes, hauling boats around, wrestling with campers’ massive Kmart sleeping bags on overnight trips, and living exclusively in Chacos and Patagonia, it was hard not to laugh at myself. Here I was in my American Apparel get-up, periodically checking my Blackberry to make sure everything was fine at home with my dog, and very cautiously treading on the “uneven” and “rugged” camp trails I had spent years recklessly barreling down.
(more…)

It only takes one…

Sunday, June 7th, 2009

It only takes one person and 3 minutes to start a dance party. Imagine the possibilities…

(via Wesley)

Office Space: A Recession-Time Boom

Friday, May 15th, 2009

The recession has definitely provided an opportunity for people (myself included) to freak out. With massive layoffs, high unemployment rates, plummeting real estate values, and streets lined with shuttered storefronts—just to name a few of the recession’s impacts—who wouldn’t be worried? But, as much as the recession has created a hostile environment for economic and business development for many, it has also created opportunities for others.

One such “other” is business center companies (also known as executive suites) which offer small office spaces or even cubicles for rent—for both short and long term lease—and usually offer Internet and telephone access as well as other support services.  Some of these companies include: Green Desk, Wurk Environments, Rockefeller Group Business Centers, and Regus Group.

A NY Times article’s title on the growth of this sector during the recession, “For Tight Times, Office Space on Flexible Terms”, says it all: due to a new set of circumstances (i.e., lack of financial and job security), businesses and entrepreneurs are looking to low risk, low investment, creative, and affordable solutions to their everyday business operations.

Green Desk “really simplified the process of opening an office,” Mr. [John] Humphrey [co-founder of Sustainable Energy Partners, which operates out of Dumbo's Green Desk] said. “Sizing is flexible–if I grow, I can move into a larger space. And they handle office stuff, like receiving packages and making sure the Internet and phone work.”

Green Desk’s other tenants include “a calligrapher, a tour operator, an investment manager and a fashion designer.” Flexible office space is an obvious choice for entrepreneurs and new small business owners–whose numbers have been growing due to large layoffs. Small Business Labs’ top ten list, “2009 Top 10 Small Business Trends”, includes (#1) The Recession Drives Small Business Innovation and (#7) Generation Y Will Turn to Small Business, as well as:

(#4) The Number of Small Businesses Will Increase in 2009: With job losses high and traditional employment options limited, many will turn to self-employment and small business in 2009. The prior three recessions have seen small business formation rates increase. And with it easier and cheaper than ever to start small or personal businesses, we expect a strong year for small business formation – especially personal businesses. Failure rates will also increase, but not enough to offset the number of new small and personal businesses.

These three factors contribute to a growing market for flexible and affordable, yet modern office space. (See the rest of the top 10 for more information on small business trends during the recession.) Not only are these trends indicators of what small businesses should be doing now (for example, being innovative), but they also provide a description of a new, perhaps more resilient business market: (in the case of the three listed above) a potential business client in 2009 is innovative, young, and small.  So what should businesses be doing? After begrudging the fact that business is bad, unemployment is high, layoffs are occuring left and right, real estate is down, and the business next door shut its doors–businesses should re-calibrate in order to take advantage of the new opportunities and trends that have grown out of the recession.

Be cool: Skateboarding in Afghanistan

Friday, May 8th, 2009

Even though I can’t skateboard, I have always been fascinated by skateboarding. Why? It’s definitely not because I fancy the idea of speeding down concrete on a slab of wood with wheels, exposed to road rash, gashes, and broken bones. It’s because skateboarding is cool. I think so and so do kids and teens.

This is the reason why I am particularly interested in organizations that have inserted “coolness” into their equation for addressing youth development. Being cool does two things: (1) It’s great marketing. Everyone wants to be a part of something that is cool. (2) It’s great program development. It shows that your organization is carefully listening to its audience. Things are considered “cool” because people are interested in them and therefore more likely to be invested in participating, resulting in service delivery and mission fulfillment.

I first read about Stoked in Time Out New York’s Cause of the Week (which, as a side note, I think is an awesome feature). Stoked is a “nonprofit action sports organization for at risk youth with the mission of developing successful teens with opportunity, knowledge, experience, and determination through the use of action sports, mentoring, and coaching.”

Stoked offers a one-year program that matches pre-screened mentors and mentees–who agree to meet a minimum of 4 hours per month and receive ongoing training and coaching by Stoked Program Managers. During the year, mentoring pairs skateboard, surf, and snowboard–what could be cooler than that? Operating out of both Los Angeles and New York City, Stoked gives urban American youth an opportunity to participate in very cool, skill-based, and age-appropriate activities that often have barriers to entry (i.e., equipment, transportation, knowledge).

On the other side of the Atlantic Ocean, a 34-year-old Aussie skateboarder, Oliver Percovich, unintentionally discovered, while skateboarding around Kabul, that Afghan youth think skateboarding is cool too. The New York Times article, “Skateboarding in Afghanistan Provides a Diversion from Desolation,” describes Percovich’s mentorship to Afghan youth who have shown an interest in skateboarding. After a couple years of showing up to an empty concrete fountain with half a dozen skateboards strapped to the back of his motorcycle, Percovich started Skateistan, Afghanistan’s first co-ed skateboarding school that “engages the growing numbers of urbanized youth through skateboarding and provides new opportunities in cross-cultural interaction and education.”

The construction of Skateistan’s 1,750 square meter indoor skate complex is underway and will include professionally-manufactured ramps, two classrooms, girls’ and boys’ locker rooms, an office, and a canteen. Skateistan’s “About Us” page is particularly impressive and clearly outlines the organization’s mission and philosophy as well as the need for youth development programming in Afghanistan. They also nail the question “What are the benefits of skateboarding to youth?” right on the head:

Skateboarding in a non-competitive global sport requiring minimal supervision and resources. Achievements in skateboarding are individual and depend on balance, creativity and personal expression. Skating can be practiced anywhere there is a smooth surface and gets young people active and engaging with each other.

Both Skateistan and Stoked are using skateboarding (and in Stoke’s case snowboarding and surfing) as a means to an end: the positive development of youth. And, much of the brilliance in this approach is its irony: that skateboarding for a long time was associated with a subversive, delinquent and rebellious subculture–which made it cool.