Perhaps another example: it seems suboptimal that Joey Savoie, after having created a successful product in Charity Enterpreneurship, is not rich as a result. Sure, he can leverage his connections and skillset and reputation to start a philanthropic advising org (Elevate) and continue to direct funding towards where he things might be impactful, but instead, what if he had just become rich, and had the ability to fund things without having to persuade his donors?
I don’t really want to focus on an individual’s career/financial decisions. I agree that in a just world, successful impact should be rewarded handsomely. But fwiw on the practical questions, I’m reasonably confident that:
Joey has influenced significantly more capital via AIM, Elevate, and other projects than he could have reasonably expected to donate via a for-profit career ex ante. Indeed, a key benchmark to compare impactful career options is a comparison to ‘earning to give’.
Joey is very thorough and systematic in his career choices, and I would guess he considered for-profit entrepreneurship and rated it lower EV (at least for him at that particular time).
Perhaps another example: it seems suboptimal that Joey Savoie, after having created a successful product in Charity Enterpreneurship, is not rich as a result. Sure, he can leverage his connections and skillset and reputation to start a philanthropic advising org (Elevate) and continue to direct funding towards where he things might be impactful, but instead, what if he had just become rich, and had the ability to fund things without having to persuade his donors?
I don’t really want to focus on an individual’s career/financial decisions. I agree that in a just world, successful impact should be rewarded handsomely. But fwiw on the practical questions, I’m reasonably confident that:
Joey has influenced significantly more capital via AIM, Elevate, and other projects than he could have reasonably expected to donate via a for-profit career ex ante. Indeed, a key benchmark to compare impactful career options is a comparison to ‘earning to give’.
Joey is very thorough and systematic in his career choices, and I would guess he considered for-profit entrepreneurship and rated it lower EV (at least for him at that particular time).