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Aug 1, 2013 Humanomics

Dan Pallota: The Way We Think About Charity Is Wrong

This is an inspiring and action oriented talk.

[ted id=1688]

Some good quotes:

10% of people’s needs where market measures does not work  Philanthropy is a market for love  Why has poverty is stuck at 12% of the US population?  Mainly because social sector organisations are small

Differences between For profit vs not for profit:

  1. Compensation
  2. Advertising and Marketing
  3. Taking risk for innovation
  4. Time to develop the innovation
  5. Profit

On Overhead

  1. Overhead should be low
  2. This causes organisations to be small
  3. Spend more money in Fundraising to increase the pie
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