I’d offer that whatever you can do to make it possible to iterate on your grantmaking loop quickly will be useful. Perhaps starting with smaller grants on a month or even week cycle, running a few rounds there, and then scaling up. Don’t try and make it near-perfect from the start, instead try and make it something that can become near-perfect because of iterations and improvements.
Gotcha. I wonder whether it could create substantially more impact from doing over the long term yourself, or setting it up well for someone else to run long term. Obviously I have no context and your goals on the project but I’ve seen things where people do a short term project aiming for impact creation and where in the end they feel that they could’ve created much more impact by doing the thing in a more ongoing manner. So this note may or may not be relevant depending on the project and your goals :)
I’d offer that whatever you can do to make it possible to iterate on your grantmaking loop quickly will be useful. Perhaps starting with smaller grants on a month or even week cycle, running a few rounds there, and then scaling up. Don’t try and make it near-perfect from the start, instead try and make it something that can become near-perfect because of iterations and improvements.
I’m not yet sure that I’ll be doing this more than 3 months, so I think there’s a bit more value to focus more on generating value in that time.
Gotcha. I wonder whether it could create substantially more impact from doing over the long term yourself, or setting it up well for someone else to run long term. Obviously I have no context and your goals on the project but I’ve seen things where people do a short term project aiming for impact creation and where in the end they feel that they could’ve created much more impact by doing the thing in a more ongoing manner. So this note may or may not be relevant depending on the project and your goals :)