I have considered this and set up a basic website with the idea of starting with free Zoom 1:1s (to iterate and learn), the moving to paid (for a low cost) 1:1s, then cohort, then one day corporations etc. My main dissuaders right now are startup cost, early investments, how to actually run a business etc. Definitely something I’m considering though!
Definitely want to do some research into the potential impact of a corporation vs non-profit as mentioned in Linch’s comment. I got briefly excited that “Charity Entrepreneurship” could provide a grant but they have specific problem areas—will look into other funding means for it as a non-profit venture...
I think most people who aren’t able to successfully run a business would also struggle to successfully run a charity—there’s a lot of overlapping skills required. If I were considering donating I would want to feel confident the founding team had the relevant skills and experience!
I have considered this and set up a basic website with the idea of starting with free Zoom 1:1s (to iterate and learn), the moving to paid (for a low cost) 1:1s, then cohort, then one day corporations etc. My main dissuaders right now are startup cost, early investments, how to actually run a business etc. Definitely something I’m considering though!
Definitely want to do some research into the potential impact of a corporation vs non-profit as mentioned in Linch’s comment. I got briefly excited that “Charity Entrepreneurship” could provide a grant but they have specific problem areas—will look into other funding means for it as a non-profit venture...
I think most people who aren’t able to successfully run a business would also struggle to successfully run a charity—there’s a lot of overlapping skills required. If I were considering donating I would want to feel confident the founding team had the relevant skills and experience!
I want to second that there aren’t many people who I’d be excited to start a charity who can’t also start a business.
ETA: But they do exist, and EA should arguably encourage more people like them!