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Originally Posted by WanderingOak  Fantastic post Steve! I've often seen the requirement for money as a bit of a distraction. If somebody is working on a noble project that is beneficial to society as a whole, why should it be spolied by a need for 'filthy lucre'? I have been working with friends on such plans for years now, only to be held up by lack of funding. We came to the conclusion that we needed some sort of 'cash cow' to fund our projects. However, how do we ensure that the cash cow doesn't become the major focus of our endeavors, and not the world-changing project? That question, in a way, is what lead me to your site, because with your Blog, you are doing what I hope to do myself someday, namely changing the world while paying my own way in the process. |
I think splitting your focus isn't such a great idea. Even Bill Gates has decided to leave Microsoft to put all his energy behind the Bill and Melinda Gates Foundation instead of splitting his attention between both.
I think that even noble projects can be done in such a way that they provide social value and generate income. Income-generating projects are far more sustainable. Often the shift required is no big deal from an external standpoint -- it only seems like a big deal due to internal resistance.
It may require a bit of creativity to make a noble project financially sustainable, but most likely something similar has already been done, and you can borrow someone else's model.