Social Startup Success — Book Review

Social Startup Success: How the Best Nonprofits Launch, Scale Up and Make a Difference

social startup cover

Social Startup Success will be social entrepreneurship’s essential playbook; the first definitive guide to solving the problem of scale.

4.09 (117 ratings by Goodreads)

MAB rated 4★

Advertisements

Read Social Startup Success

Social Startup Success — Book Review

Social Startup Success: How the Best Nonprofits Launch, Scale Up, and Make a DifferenceSocial Startup Success: How the Best Nonprofits Launch, Scale Up, and Make a Difference by Kathleen Kelly Janus
My rating: 4 of 5 stars

Social Startup Success focused on producing lasting solution to the world’s worst problems from the social service perspective. In order to achieve such feat, social service organization need creative leadership and innovation. But in order to ensure the right fit, leadership position in these organization should fit the organization type rather than just a high profile leader. (read more on “lead right for your organization’s type”)

The book was based on over 200 high-performing social entrepreneurs and dozens of interviews of its founders. Social Startup Success shares her findings of entrepreneurs working for social good, revealing how the best organizations get over the revenue hump.

Overall, I rated the book at 4★. It is an inspiring book for those who look to established a social startup of their own and it is really helpful insight into how the best nonprofit organization function and self-sustained.
.
Read my full review and summary of the book from the link below 🙂

> https://aarifbillah.com/social-startu…

View all my reviews

Social Startup Success focused on producing lasting solution to the world’s worst problems from the social service perspective. In order to achieve such feat, social service organization need creative leadership and innovation. But in order to ensure the right fit, leadership position in these organization should fit the organization type rather than just a high profile leader. (read more on “lead right for your organization’s type“)

The book was based on over 200 high-performing social entrepreneurs and dozens of interviews of its founders. Social Startup Success shares her findings of entrepreneurs working for social good, revealing how the best organizations get over the revenue hump.

How do social ventures scale to over $2 million, Janus’s clear benchmark for a social enterprise’s sustainability?

And predictably, the drive necessary for social startup success was mainly from the aspirations, passion and dedication.

MAB Rating

Overall, I rated the book at 4★. It is an inspiring book for those who look to established a social startup of their own and it is really helpful insight into how the best nonprofit organization function and self-sustained.

Click the link below to read the book 👇

Read Social Startup Success

Social Startup Success Summary

Social Startup Success with Human-Centered Design

Normally nonprofit social startup doesn’t have access to angel investors. Their stakeholders normally include governments bodies, similar nonprofit, researchers, activist and beneficiaries. Hence, in order to grow, a social startup must maximise funding with a human-centred design which is a cost-effective cycle of research, brainstorming and prototyping — keeping the cost as low as reasonably practicable while developing their prototype.

Advertisements

Social Startup Lessons in Failures

Innovation usually involves trials and errors, and inevitably failures. Unsuccessful nonprofit will hurt their beneficiaries. Yes, innovators need tolerance for risk, but make it a calculated risk. Try and test your service in the field, and if it shows promises, improve on them. Make improvement as you go, you might fail, but draw lessons from them and make your probability of success higher.

If the idea seems to be going nowhere, recalculate your risk and your chances of success. If it’s slim, your resources better off be used for some better innovation.

Success might come in stages and failures always have lessons to teach. Learn them so that you won’t repeat them!

Outputs < Outcomes

Make use of your data. With sound data, you can make analysis to ensure your organization is able to avoid costly mistakes. Social Startup Success suggest a nonprofit organization to develop SMART (Specific, Measureable, Attainable, Relevant, Timely) success indicators.

By making your goal is SMART, you will be able to determine your organization impact on its beneficiaries. This would require a combination of data metrics and qualitative analysis. This is when “outputs” and “outcomes” matter.

Instead of focussing on “outputs” such as how many people attended a training program, focus more on the “outcome” such as how many attendees get a better paying job. It’s the outcome that matters.

Social Startup Success in Scaling Up

Scaling up is always a struggle. Why? You going to need sufficient funding. Yes, the idea of money tied to a nonprofit organization might be off-putting, but in order for any organization to run, it needs money.

Hence, a social startup needs an earned-income strategy. Some suggestion would be selling products or services. Ideally, philanthropic funding should be a nonprofit’s main source of income. But if that’s not enough, try to generate income by using your team strength and skills. Usually, there’s always something that be leveraged.

Advertisements

Optimize Fundraising

Foundations that make grants are by far the largest source of nonprofit’s income stream. However, access to them is the biggest obstacle for a small nonprofit organization. Hence increase your chance of success by focussing on funders who share your organization values and goals and present to them your organization strategy to get their buy-in.

Become comfortable asking for money by centring your relationship with donors around the work you do, not around money. In some cases, such as with Room to Read, a nonprofit can solicit donors to act as brand ambassadors and raise more money by leveraging their network of potential donors.

Tell Compelling Stories 

Storytelling is a very important skill. Tell stories that speak to the head and the heart. Meaning, a story that makes logical moral sense while touching on our emotional hot buttons.

Read The Book

READ MY OTHER BOOK SUMMARY AND REVIEW

Advertisements
Advertisements
Advertisements

Author: Muhamad Aarif

A notorious book addict by night and an oil and gas executive by day. As Mark Twain said, "The man who doesn't read good books has no advantage over the man who can't read them." So, read, read, and read some more.

Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.