And presumably, if no one has failed, then people aren’t trying things that are ambitious enough. Kat woods I think can speak to some incubations from Charity Entrepreneurship that didn’t take off.
CE has been incubating around 5 charities per year (with plans to scale in the future), so far the success rate is as follow:
2⁄5 estimated to reach or exceed the cost-effectiveness of the strongest charities in their fields
2⁄5 make progress, but remain small-scale or have an unclear cost-effectiveness
1⁄5 shut down in their first 24 months without having a significant impact
I spoke about it briefly in this post and would love to find the time to elaborate more.
And presumably, if no one has failed, then people aren’t trying things that are ambitious enough. Kat woods I think can speak to some incubations from Charity Entrepreneurship that didn’t take off.
CE has been incubating around 5 charities per year (with plans to scale in the future), so far the success rate is as follow:
2⁄5 estimated to reach or exceed the cost-effectiveness of the strongest charities in their fields
2⁄5 make progress, but remain small-scale or have an unclear cost-effectiveness
1⁄5 shut down in their first 24 months without having a significant impact
I spoke about it briefly in this post and would love to find the time to elaborate more.