Maria Jose Greloni (Kubadili), Jader Rojas Jimenez (Kubadili), Mario Roset (Civic House), and Matias Laurenz (Fonselp) held a workshop to discuss income diversification for social organizations.
The meeting served as an exchange of ideas and examples in which organizations have found and developed alternative income models that avoid reliance on donations and government support.
When the concept of financial sustainability is mentioned, the primary consideration is: How do we ensure that our initiatives maintain their impact in the long term? Can we implement a model of sustainability without fear? In the workshop, fear is mentioned as one of the driving factors in decision making and the creation of new projects within an organization.
"Mobilizing fear is what allows me to build; it is an emotion that will always be present whenever we make a new decision or undertake a new project," says Matías Laurenz (Fonselp).
The use of technology supports the growth of organizations. At Kubadili we want to show you how, with agile methodologies, you can achieve both success and financial sustainability.
Organizations face obstacles and fears when making decisions, no matter the organization's stage of growth. To surpass these obstacles, they must always look for creative solutions.
In summary, the workshop allowed us to identify the importance of financial sustainability. Small donations, large donors, and offering services, products and experiences all can be used together to diversify your organization's income.
🡢 If your organization is looking for new alternatives to generate income and you don't know where to start, Join our Sustainability Models Course!
🡢 Remember that we also have free downloadable resources to help your organization.
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