Starting your own business can be exciting and scary at the same time. You are bound to make numerous mistakes along the way, yet you'll often discover that some of your biggest mistakes will later become your greatest strengths. Most of the lessons we learn and the knowledge we gain are learned the hard way. But if you can learn the lessons before making the mistakes, you can gain the advantage that much earlier and free yourself from the struggle of getting it wrong.
You don’t want to launch a nonprofit just to avoid the “business” aspects of running a business. You should form a nonprofit because you are passionate about its mission and want to benefit your community through your organization. That said, if your nonprofit is going to succeed, you’ll still need a head for business, and access to the proper legal, insurance, financial, and tax (LIFT) systems, which form the foundation of any successful company.
Starting a nonprofit organization can be a great way to give back to your community while working for a cause you are passionate about. That said, if you are starting a nonprofit simply to avoid some of the more unsavory aspects of running a business, you should seriously reconsider. When running a nonprofit, you’ll be working in service to your mission rather than in service to yourself or to the other owners of your business—and that’s because there are no “owners” of nonprofits!