Profit, on purpose.

A newsletter by Stefan Chichevaliev

The argument underneath the how-to, from someone still in the work.

One argument a month on getting funded without becoming grant-dependent, building the team and operations that make scale possible, and measuring impact in a way that survives scrutiny.

Not a how-to series. The thinking behind it.

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Latest · Issue 01

The sector that is uncomfortable with money

Profit does not compromise the mission. Refusing it does.


I run a company in a sector that is quietly uncomfortable with money.

Fifteen years in, I keep watching brilliant, mission-driven organisations do extraordinary work and end each year one delayed grant away from closing. Their impact is real. But somewhere early on they absorbed the idea that wanting to make money would compromise the mission, and so they never built the thing that lets the mission survive.

The impact does not shrink because these organisations chase profit. It shrinks because they will not.

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