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.
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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.