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Archive for the ‘StartSomeGood’ Category

Me, presenting at ConspireNY

Presenting at ConspireNY

Life has been ridiculously busy lately and I’ve obviously let this blog go by the wayside for a bit. I hope to properly pick it up again soon, but in the meanwhile this is a post I wrote for the StartSomeGood blog recently and I figured I should also share here.

During February, thanks to the generous support of Renata Cooper and Forming Circles, I had the opportunity to attend two great conferences in Thailand and the US respectively where I was thrilled to meet changemakers and social entrepreneurs from at least 16 countries and learn more about their projects, challenges and insights.

The trip started at the Ci2i Learn/Share Lab for Co-Creative Impact and Innovation outside Chiang Mai in Northern Thailand (I know, I know, it’s hard work this whole social entrepreneur thing sometimes). This was a very different sort of event from the norm: more intimate, focused and generative. It involved 25 of us living together for three days while exploring the practice of co-creative changemaking through a variety of case-studies and conversations.

The participants had come from every continent on earth. Their stories and their commitment to a style of leadership which encourages participation, empowers others and shares successes were inspiring and very often moving. Many were working in incredible challenging environments, against entrenched systems of inequality, supporting refugees, the disabled or those seeking an alternative to business as usual.

What did we mean by “co-creative leadership”? We didn’t let ourselves get too bogged down in definitions (you can see the raw notes from the event here) but for me it came down to a few key elements:

  • a vision for a different future (the why) but an openness to collaborate on the right path to get there (the how);
  • a preparedness to share or forgo credit;
  • a belief that the process to create change is as important as the outcome. A belief in fact that empowering people through the co-creative process is an outcome.

I learned about the incredible work of Edgeryders in catalysing new ways of thinking, working and living in Europe, of The Barefoot Guides out of South Africa, a co-created resource to deepen and develop approaches and initiatives that contribute to a changing world, of the struggle and progress of the Initiatives for Community Transformation in Uganda, as told by Peter and Grace, who had never left that country before (and who we will soon be supporting to run a campaign on StartSomeGood) and of Christina Jordan, our host and Ashoka Fellow, who has worked in Uganda and Belgium and now Thailand (and ran this campaign on StartSomeGood recently to support a refugee community) and is now spearheading the formation of Ci2i, a global community of co-creative changemakers.

Then it was on to the US and, after a week of meetings in San Francisco and Washington DC, the AshokaU Exchange in Providence, Rhode Island.

Speaking at AshokaU Exchange 2014

Presenting at the AshokaU Exchange

The Exchange was in some ways the opposite of the Learn/Share Lab: more expansive, relentless and individual. But no less inspiring and valuable. It brought together 800 people to explore how we embed and support social entrepreneurship on university campuses, split approximately 1/3, 1/3, 1/3 into students, faculty and funders. The students gave it a great energy, the faculty members shared incredible programmatic insights and the funders gave it gravitas and a sense of possibility. Together it was an exciting mix, with several concurrent streams of panels and workshops, short TED-style talks, banquets, small-group dinners and many side meetings.

I was able to share the work we’ve been doing bringing traditional grant funding and crowdfunding together through our Crowdmatch model and present on how student-led projects can raise the funds they need to launch and grow. I’m hopeful we’ll be able to announce a US-based Crowdmatch partnership in the near future.

The trip ended in NY where I presented at the first ConspireNY, a night of conspiratorial Pecha Kucha presentations. This was beyond nerve-wracking for me, as the requirements of the Pecha Kucha format (short talks with automatic slides, in this case 5 minutes with 20 slides which advanced every 15 seconds), brevity and perfect timing, are not at all my public speaking fortes. But given that I only prepared the talk that day (I was busy!) I was very pleased with the result and received great feedback. The video should be online soon.

Thanks again to Renata and Forming Circles for making this trip possible with their sponsorship! I learned a lot, made new friends and contacts and am confident it will lead to some exciting new partnerships and projects for StartSomeGood, so watch this space!

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If you want to go fast go alone. If you want to go far go with others.

 

Let height differences be no impediment to finding the right co-founder.

Let height differences be no impediment to finding the right co-founder.

I’ve been thinking a lot lately about the different experience between founding Vibewire in 2000 and StartSomeGood ten years later. There were some pretty amazing technological and social shifts during that time which I want to explore in a separate post. What I want to talk about today is, I think, the single biggest difference for me experientially between founding Vibewire and StartSomeGood and that is that with StartSomeGood I have a co-founder.

While I had some truly amazing collaborators over the eight years I led Vibewire, I didn’t have a single person right from the start who was as committed, as on the line, as I was. Having Alex as my constant collaborator at StartSomeGood has been an extraordinary contrast. Even in the midst of our most stressful moments, and they’ve been many, having someone else that you can be completely open and raw with, who is as invested and committed to finding a way forward as I am, changes everything.

Practically, of course, having a co-founder means you can do more from day one, allowing each of you to focus on different critical areas. Having two heads instead of one leads to more and better ideas. But most important, I think, is the way having a co-founder alleviates some of the stresses of startups by making those stresses shared, allowing each of us to express it and get it out rather than bottling it up, and the encouragement and support that comes from this.

One of the keys to sustainability with a cofounder, and with a romantic partner as well for that matter, is compatibility in your freak-outs. One of you needs to be strong when the other is weak. If one person’s freak out triggers the other to freak out it’s just an emo mess. But it just seems that when I’m having a hard day and questioning everything Alex is strong and when he’s struggling I feel able to be practical and optimistic enough for the two of us, and so we continue.

Judged solely in terms of the skills and experience we bring to the table we are not perfect co-founders. Neither of us is technical enough; our skills and preferences overlap more than is optimal. We have too really push ourselves to pick up and stay on-top of things neither of us is naturally inclined to do and, bless him, Alex has stepped up to more of that than me and kept the good ship StartSomeGood moving forward with his leadership and commitment, such as during the recent site re-build. But what matters most this skill-set match is our attitude match; it’s what makes it possible for us to work through the ups-and-downs of a startup together, even as we’ve never lived in the same place.

I’m working near as hard as I ever have at the moment but there’s a lightness and satisfaction to it, a sense of progress and possibility and pride in our achievements. This is not simply from having a great co-founder but a great team, a group of people who share our vision and commitment to making it happen, who bring great energy and innovative thinking to their roles, who I trust to get the job done without supervision or micro-management.

One thing I’m certain about: I’ll never launch a venture without a co-founder again. The difference it makes to your enjoyment, sustainability and ultimately your chances of success are just too great to set out on the epic journey which a startup represents without one.

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I posted a more personal, reflective announcement about the new version of StartSomeGood.com here last week but for those of you know don’t subscribe to the StartSomeGood weekly email (and you really should if that’s the case, see bottom-right of the homepage) I wanted to also share with you the email we sent to the 10,000 members of the site on Friday:

The new StartSomeGood

Hi everyone,

In place of our usual newsletter we wanted to send you a personal email this week to let you know about some exciting changes happening at StartSomeGood and reflect on where we are.

Most importantly and obviously we have just unveiled the new version of our site!

The new site is a big step forward for us and we hope you like it as much as we do. The major changes include a lighter, brighter and friendlier design, with a simplified navigation which gives greater prominence to success stories and information to help you succeed at crowdfunding. On the back-end there’s an upgraded project dashboard to help you launch and manage your campaigns and we’re adding alternatives to Paypal for donors (already available to US ventures, coming soon for everyone else).

But it’s not all about technology. We remain committed to a hands-on and partnership-driven approach which provides you with the advice and support you need to succeed.

So if you have an idea for a project which can improve the future of your community, why not start todayRegister on our site and a member of our team will be in touch to help you design a campaign which will succeed.

Over the past two years, with your support, we have built a vibrant community of changemakers at StartSomeGood. Together, we have successfully funded 125 world-changing projects in 23 countries. We have supported social entrepreneurs as young as 16 and as established as Ashoka Fellows. We have helped launched projects as diverse as open-source mapping in Nepal to Sock Monkeys who fight cancer in the US, from social enterprise cafés in Cambodia to supporting young families in Australia and inspiring youth volunteering in 22 cities across America.

While we are proud of these successes there’s so much further we want to go. Our goal is to launch 1,000 new social initiatives over the next two years, transforming millions of lives around the world.

We would love your project, your idea, your community, to be part of that. Without you, we’re just a boring old website. With you, we can be an epic force for good in the world.

So don’t wait any longer. If you have the drive and the passion to make a difference we want to help.

Together, let’s start some good!

Sincerely,

Tom and Alex

Co-founders, StartSomeGood

PS. Read about the details of the new site and all the great activities we’re doing to celebrate, including a riddle hidden in the website and daily twitter chats this week on our blog.

PPS. Speaking about getting started you may be inspired by the first episode of our new podcast series Starting Good, featuring Charles Best, founder of DonorsChoose. Check it out.

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Runner - The Happy Rower on flickr
You are running coach, the analogy goes, and you have to choose between two runners. One of them has textbook form, smooth and efficient in his stride. The other is a mess, straying out of his lanes, arms and legs flailing unattractively. Despite this they are neck-and-neck at the end of the race. Who would you want to coach?

You would choose the worst runner, the guy with terrible form but who somehow managed to stay in the race despite this, because your coaching has the possibility to make the greater impact. You can’t do much with the guy with perfect form; he’s just not fast enough. But the sloppy guy, with refinement and coaching, might just be able to be really fast. In sporting parlance his ceiling is higher.

I feel like that’s where we are at with StartSomeGood right now, as we stand on the brink of unveiling the new version of our site to the world.

It’s been two years since the first version went live and, simply put, we have done almost everything wrong.

We built the first version of the website with only conceptual feedback from our target market – we didn’t show them the actual site until it was live. We didn’t talk enough about what we were doing while we were building it, and so failed to prime the community for our launch. We didn’t even have a LaunchRock page up to collect emails, so we started with zero on day 1. We put far too much time and effort into coaching efforts which didn’t sufficiently move the needle. We recruited the wrong people and compensated them in an unstrategic fashion, giving away more entity than we should have to people no longer with us.

We failed to test or monitor a lot of what was happening on our site. We were so tech-resource constrained I think it was too depressing to constantly focus  what couldn’t, in the short-term, be fixed. We just worked harder and harder to connect with and serve entrepreneurs, but these efforts couldn’t all be scaled and didn’t overcome all the shortfallings of the site itself. This lack of attention to metrics and testing meant we didn’t have as much data or insight as we should have when we became (slightly) less constrained in our tech resourcing and were able to invest in this new site.

So many mistakes.

But we’re still here. Along the way we listened, we learned. And now we are ready to show you some of those learnings embodied in this next iteration of our platform.

We interact constantly with our community, social entrepreneurs and community benefit organisations looking to raise funds in a new way. We’ve been intimately involved in over 300 campaigns now, and have seen what has and hasn’t worked. We’ve been knocked back by organisations we wanted to work with and have always asked why. We recruited an amazing advisory committee LINK who have helped stretch and inspire our thinking, as have a wide range of informal advisers and friends.

I can’t claim that we’re doing it all perfect now because we’re not. We’re busy and over-stretched and making compromises. The new version hasn’t had enough testing or rounds of user-feedback, but it’s had infinitely more than the first version. We would have done more but our updated UI/look-and-feel was done probono by Source Creative, who were lovely and generous and did a great job but didn’t have capacity for ongoing testing and additional rounds of tweaks, which was fair enough. It’s often better to put something out there and learn from how people actually use it anyway.

Raising a small amount of family-and-friends investment has allowed us to get this new version shipped and we’re committed to being much more focused on testing and analytics than we were with the first version.

There are a number of key improvements I’m excited to show you:
•    We’ve simplified our navigation and lightened the feeling of the site, giving it a cleaner and more modern look
•    We’ve put more emphasis on success stories and user-interactions, highlighting the people-powered nature of the site.
•    We’ve added alternatives to paypal, initially just for US ventures but coming soon for everyone else.
•    We’ve upgraded the venture dashboard, to help you launch and manage campaigns and;
•    We’ve improved the how to info and resources on the site to educate people about how to succeed at crowdfunding.

So where are we as a business? I truly believe we stand on the brink of great things.

Despite our abundant shortcomings we have built a vibrant community of entrepreneurs and changemakers. We have 10,000 subscribers to our newsletter, 10,000 followers on Twitter and 30,000 followers on Tumblr. We have successfully funded over 130 projects in 22 countries, and this is just the beginning.

We have a fantastic, talented, passionate team spread Australia, the US, England and Sweden. Everyone is involved because they believe in our mission and are driven to scale our impact and help changemakers around the globe. You can meet our newest colleagues here.

We have just announced a number of exciting partnerships, including with ING Direct who have committed significant funds to social entrepreneurs running campaigns on our site, and with the Global Food Startup Challenge, for which we are the global crowdfunding partner.

In terms of our financials we have started slow but all sites of our sort do. Crowdfunding is boom or bust. Once you pick up pace it tends to accelerate, but the vast majority of sites never even reach the point we are at, remaining extremely limited in terms of scope or traction.

I can understand the skepticism some feel about whether there is enough room for StartSomeGood in an extremely competitive crowdfunding market but I know we provide a unique service and truly believe we are the best home for most social entrepreneurs looking to raise money from their communities. The creative crowdfunding platform are simply not built with nonprofits and causes in mind. Our success rate (comparable with the creative crowdfunding sites), incredible partners and growing traction are strong positive indicators for this belief.

So if you’ve been holding off on getting your idea out there and launching a campaign for any reason I hope you’ll reconsider and give our site a try. If you launch before April 2 you’ll be in the running for the ‘Like-Off’ we are running, with a bonus $200 grant to the project with the most likes during a 24 hour period starting at midnight April 3 Greenwich Mean Time.

Please check out the new site and let me know what you think.

Onwards and upwards!

Image by The Happy Rower made available on a Creative Commons license via Flickr.

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Image

In Melbourne and curious about how crowdfunding can help you launch your project? Then this is your lucky week as I’m in town for not one, not two but FOUR crowdfunding workshops over Thursday and Friday. Two are introductory and free and two are masterclasses with (modest) cover charges, one focused on startups and the other specifically for social enterprises and nonprofits.

Whether your dream of launching a social enterprise, a nonprofit, a tech startup or a personal creative project these workshops are designed to help you understand how to give yourself the best chance of crowdfunding success.

The masterclasses will delve into the practical issues which will help you win at this new fundraising form: what rewards to offer, how to identify your audience, what’s the right length for a campaign and more.

Here are all the links:

Introduction to Crowdfunding, hosted by Social Traders and RMIT SEEDS, Thursday 1230-130 pm- only three tickets left!

Crowdfund Your Startup Thousands!, Thursday 6-830pm, with me and record-breaking crowdfunders Fee Plumley, Rob Ward and Kylie Gusset. Only four hours left to get $65 tickets! Well worth the investment to hear from all these experts on how to raise funds for your startup.

Introduction to Crowdfunding, hosted by Social Traders and RMIT SEEDS, Friday 9-10am (sold out)

Crowdfunding for Social Impact, hosted by Social Traders and RMIT SEEDS, follows on from the introductory sessions, Friday 10am-1pm. A deeper dive into how crowdfunding can help you launch your social impact initiative, only $20.

This also seems like a logical spot to mention that I’m looking to recruit a Melbourne Ambassador for StartSomeGood so if you love social enterprise, crowdfunding and helping people and think this could be a good time. Looking for a commitment of 8-10 hours/week. To find out more drop me a line at tom(at)startsomegood(dot)com.

Cheers!

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So what is this thing we call crowdfunding? What’s going on here? What words should we use to describe the phenomenon and the behavior that propels it?

Some of the coverage of Kickstarter can border on the nonsensical, so unable are people to understand what strange force it is that propels its success.  For some it is investing, but they get flustered when the behavior doesn’t accord with their notion of how investors act. Others see Kickstarter as a form of charity and get snarky at its perceived shortcomings. But in fact it’s neither of these things.

What it is, mostly, is shopping.

This understanding allows us to gain perspective on what’s happening and the likely market size of different crowdfunding platforms and approaches.

Two recent posts show the difficulties people have in characterizing what’s happening on Kickstarter.

Mashable looks at the phenomenon through an investment frame and declares to their evident disgust that “investors” on Kickstarter are not entirely rational. (Because “real” investors are paragons of rationality of course) with the nice even-handed headline “Are Kickstarter Investors Idiots or Geniuses?

The more cynical side of me wonders if we aren’t all being played. I mean, who wouldn’t watch these videos and want to make these projects a reality? I wonder if venture capitalists watch the pitches and laugh. Before they back something, they get a good look — a really good look — at the people, the product/prototype/project and the market. They know so much before they decide to invest at any level. For them, it’s all about measuring risk.

They go on to “wonder  if all of the buzz surrounding Kickstarter is now driving funds into projects that would otherwise never make it in the real world”, somehow excluding Kickstarter from their understanding of the “real world.” When you look at this behavior through the “investment” frame it can look strange, but when looked at through the shopping frame it makes perfect sense.

Meanwhile Crowdfund UK bemoans the lack of social impact of many of these projects who are, to their disappointment, acting like, well, most other technology or design startups:

OK Pebble were only expecting funding to cover 1000 watches and now 85,000 are pre-sold. There’s capacity and scale – and China is can knock out huge orders by their huge workforce in their huge factories. What’s the hurry? The campaign promised the watches by September. Would donors care if they were told that there a was a delay as they  were manufacturing in country – building the capacity of a recession hit area maybe? [This would be] good P.R. justifying the recent Jobs Act.

On Twitter the disappointment often takes on a more snarky or condescending tone as commentators confuse the fundamental reason why people are supporting Kickstarter projects:


Putting aside that StartSomeGood is a charity-oriented Kickstarter here too they are missing what’s really happening. Those who backed the Ouya video game console campaign on Kickstarter weren’t, in all likelihood, diverting money they would otherwise have given in charity. This came out of their consumption budget. That may bother you but then the issue you have is with capitalism, not with Kickstarter as such. But if instead of seeing it as just another market you think of Kickstarter campaigns as a form of very poorly-targeted charity, then your frustrations make sense, because you are operating in the wrong frame.

After raising a new record amount for a music project on Kickstarter Amanda Palmer (former lead  singer of The Dresden Dolls) got sick of dealing with this attitude as well and responded to some of the common questions on her blog:

Q: @JariPeltola
Are the donations tax-free income?

A: this is a good question mostly because of the way it’s worded.
to answer: no..all the money i’m making on CD and LP (and book, and everything) sales via kickstarter is taxable.
AND
these aren’t DONATIONS. that drives me crazy. they way we generally define “donating” is that you are giving something without any return: it’s a selfless, one-way gift to a cause. this is not that. every single person who’s backed the kickstarter is getting a product or a service (like a show) that they’ve paid for.
it’s more of a pre-order than a “fundraiser.” the language here gets important. it makes me cringe to read in the press that people have “donated $600k to amanda palmer’s kickstarter.” that makes it seem like i’m getting away like a bandit. as you can see above,i have to PAY for and manufacture (and pay the staff to help me create) all the products that are for sale. it’s almost as ridiculous as newsweek proclaiming that “people donated over $56 million dollars to apple in order to own the new iPhone 4G”. that would sound DUMB. this is a marketplace. an art marketplace, but still. it’s a real exchange. i have A Thing (it’s A Weird Thing, but still) and people are buying it….via the vehicle of kickstarter.

and…

Q: @cynicalinternet
deep question: didnt you feel guilty asking for handouts? like you should be able to get the money on your own somehow?

A:
@cynicalinternet, your name is just perfect.
ask me that question again….slowly. and this time listen to yourself.
“like you should be able to get the money on your own somehow”?
are you FUCKING KIDDING ME?
THAT’S EXACTLY WHAT I FUCKING JUST DID.

There’s lots more of that sort of wisdom on her blog if you’re interested.

So let’s step back for a moment. Why do people give money to anything?

There are four basic motivations:
1.    A good or service we would like to consume (shopping)
2.    An expectation of future financial return (investment)
3.    A cause we care about and a change we want to support (philanthropy)
4.    A relationship we value (helping a friend or family member out).

While all of these factors are in play on Kickstarter with the exception of the still-illegal number 2, which is the driver of the mega-fundraisers you hear most about?

For mega campaigns like the Pebble Watch or Ouya it’s clearly number 1, shopping. People supported the Pebble Watch, the reigning Kickstarter fundraising champion, because they wanted a Pebble watch. It’s no more complex than that. The best name for what’s happening on Kickstarter (and Pozible in Australia) is pre-sale crowdfunding, as Amanda Palmer suggested. There’s a product you want and you can pre-order it, and in so doing provide the financial capital for that product to be produced. Charity this ain’t.

What is more charity-like is supporting projects because you want to see a social impact they are creating, an extrinsic reward, not because you want the intrinsic or material reward they are offering. This dynamic is strongly at place for campaigns on StartSomeGood and many on Kickstarter, Pozible and IndieGoGo as well, but it does not describe the success of the huge commercial fundraisers the commentators are usually trying to understand. Just as different markets focus on different types of goods (brand-name goods at Best Buy, hand-made at Etsy, second-hand at Craigslist) so too will different crowdfunding platforms likely success by focusing on these different forms of motivation.

Thinking about crowdfunding in this way also gives us a sense of how large the various markets will be. The question “can equity-based crowdfunding be as big as pre-sale [Kickstarter] crowdfunding?” is essentially asking if investing is going to be as big as shopping. Which is unlikely. When most people have a spare $125 to spend they usually put it towards something cool they want to consume, like a Pebble watch, and not into something which may, perhaps, provide a long-term financial return.

This isn’t to say that equity-based crowdfunding won’t be significant, it will be. It will create a new opportunity for entrepreneurs which will be enthusiastically and effectively embraced, leading to the launch of thousands of new companies. But it won’t surpass the amount spent on pre-purchasing books, CDs, concert tickets, technology, iPhone accessories and the like through platforms like Kickstarter.

We’re realistic about what this means for StartSomeGood, given our focus on the 3rd category of spending, philanthropy (with 1. and 4. playing very important roles as well). Few people put more into charity than they spend on their own consumption but many of us do put some portion of our income into good causes in order to support those less fortunate or to promote a change we wish to see in our community or the world. For some of us that portion is very significant and in aggregate the total contributed is huge.

Opening up this opportunity to new social innovators is critical to allowing new solutions to emerge and to empowering communities to create the future they need. We don’t need to be “bigger than Kickstarter” to realise this opportunity, we just need to be sustainable and effective in helping social entrepreneurs and non-profits to launch and grow socially impactful initiatives. (And we reject the comparison anyway, because we’re not competing with Kickstarter).

So thinking back to the crowdfunding (*ahem* peerfunding!) campaigns you have supported – what motivated your giving? And be honest, it’s okay to want cool stuff and get excited about new technology, but let’s understand that for what it is. And let’s complement that consumption by putting aside some funds to back social impact projects as well, because our world needs more changemakers and they need your support.

Image by THEfunkyman on flickr, made available on a creative commons license.

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Academy for Young Entrepreneurs poster (get a hard copy here)

Bill Drayton, founder of Ashoka and social entrepreneurship visionary, is fond of asking parents, firstly, “what would you do if your child was failing maths?” Parents instinctively have an answer for this. They would spend more time with them doing their home, get them a tutor, buy a math training program. Then he asked, “what would you do if your child was failing to develop as a changemaker?” and the answers come much less readily.

How do we create a culture of changemaking in young people? By giving them opportunities to share their ideas and participate in creating change of course!

You get better at maths by doing more maths. You get better at sport by joining a team,  practicing and playing. We have clear pathways for gaining expertise in academics and sports but it’s only more recently that we’ve begun to see a focus on providing changemaking experiences for people at a younger age and preparing them for active citizenship.

This is something Ashoka has understood for some time, having launched Ashoka Youth Venture over ten years ago to support 16-20 year-olds to develop their own initiatives, and more recently establishing AshokaU to foster a culture of entrepreneurship on college campuses.  In Australia we’ve seen the establishment of the School for Social Entrepreneurs, who run year-long courses supporting emerging social entrepreneurs of all ages to launch and scale social impact ventures and, on the opposite end of the spectrum, of Social Startup 48, a startup weekend-style event for aspiring changemakers. I’m proud to say all the above organisations are partners of StartSomeGood.

I’m also thrilled to see more and more organisations using StartSomeGood to fill gaps in this ecosystem of opportunity, inspiring, mentoring and training young people to create the future they wish to see.

One Can Grow finished a successful fundraiser on our site just a couple of weeks ago and is piloting a social entrepreneurship training program for students at three high school in Sydney. Hope Empowered is currently raising funds to engage an even younger cohort in entrepreneurial activity with their Academy for Young Entrepreneurs Initiative which will focus at the primary school level. (If you like the sound of this please chip in here). And the organisation I founded 12 years ago, Vibewire, has just, as of this writing, hit the tipping point of their StartSomeGood fundraising campaign to support three younger social entrepreneurs (under 35) to work on issues of critical importance including mental health and sustainable design.

At StartSomeGood we believe that social entrepreneurs need three types of capital to succeed: financial, intellectual and relational. Our mission is to reduce the barriers to raising early-stage financial capital for nonprofits and changemakers through peerfunding (also called crowdfunding). As these barriers come down more social entrepreneurs are stepping up to launch programs which general these other forms of capital, teaching skills and providing community for aspiring social entrepreneurs.

So these initiatives and those like them expand the answer to how to encourage your child to learn changemaking skills will become more apparent and a new generation of changemakers and entrepreneurs will, from an early age, know they can create the future we all need.

How do you think we could better support young changemakers?

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