Quotable: Does the Charity Model Destroy Value?
"My basic theory was this: “Charities” raise funds and redistribute them. By nature, value is destroyed in the process. You hope a well run charity might take your $1 donation and turn it into 80 cents of giving. A for-profit company, however, creates value. An investor expects their $1 to generate income over and over again. What if you created a for-profit business, then used the resources created for ministry?" - Business owner and Business as Ministry Entreprenuer
Labels: In their own words, Quotable
