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Current time:0:00Total duration:2:29

Video transcript

my name is Beth Schmidt and my organization is called wishbone org I started which phone to actually send low-income students on these after-school and summer programs that are otherwise pretty much cost prohibitive for that demographic I never had actually thought I would start an organization that wasn't on my to-do list in life when you see a need and you see a gap and you experience that gap firsthand there's not really a choice to turn away from it you have more guts and more ambition and more Drive when you see something firsthand and I always tell entrepreneurs who are looking to start something there better be an authentic need that you see right you can't just kind of come up with an idea and not test that need I was a teacher and so the thing that fueled me right away was seeing the faces of my students but I think the pieces that keep me really engaged are the ways that we attract students seeing their grades go up and seeing their engagement levels go up and what a game-changer this can be for them it's interesting to see that a lot of these lifelong skill sets like confidence and grit and persistence really come from these activities that are pursued outside of school for a long time even when you win with nonprofits you really don't win because you might win that for that year and then you're doing it all over again the next year so thinking about sustainability early on in a model I think's imperative I think nonprofits are coming to a new age and that age is sustainability then thinking about nonprofits just as any for-profit company I think the pitfall to nonprofits is when you know you fundraise and fundraise and fundraise year after year and nobody wins your model is not sustainable you are constantly looking for new people to fund you and it's not fun for anyone the positive piece to this is that we're coming to a new age where people and new leaders are really looking at nonprofits as a sustainable market there are ways that we're looking to kind of remain sustainable as opposed to continually fundraising and I think that's important to think about when you're looking scale it's that kind of the new nonprofit way