When you consider working for a nonprofit organization, you have a lot to think about. While working for a company whose motivation isn’t about raking in profits may be extremely satisfying to you, it may also end up being a little frustrating.
In some cases, the motivation for profit is the biggest motivation to succeed. However, if you’ve got the right kind of personality for the work, nonprofit operations can be amazingly satisfying for you. The following are some things to keep in mind if nonprofit work appeals to you.
Money Isn’t the Object
If you go into a nonprofit company looking to make all kinds of profit, you are going to be seriously disappointed. This is not the world of making tons of money, it’s the world of helping the world to be a better place. If you’re all about the Benjamins, you will be frustrated to no end at the fact that the company’s goals and yours aren’t congruent with one another.
You Won’t Make the Forbes List
Some people in nonprofit companies make a great living, but most don’t. If you’ve only got the funding for a small paycheck, a small paycheck is what you will receive. Remember that most of the world’s richest people become philanthropic once they’ve made their money, not as the way they made it.
You’re a Slave to Funding
When you work at a nonprofit company, the amount of funding you receive through contributions like grants may be the only kind of money that comes in. That money is going to pay the light bill, the lease, your paycheck and anything else that needs to be taken care of during a given time period. If you end up getting laid off, it will most likely be because of a lapse in funding. Keep that in mind always.
The Cause Has to Matter
If you don’t live and breathe your nonprofit’s cause, you’re only going to attack it with half a heart. While it isn’t always necessary to be a zealot when you work for a nonprofit, being that way certainly helps to get things done. Every day, you’re working to change the world. If that doesn’t get you going, you might want to consider going somewhere else to find your passion.
The Challenges Will be Unpredictable
One day you’re a fundraiser, while the next day you’re a public relations person. Then the next day you’re a finance wizard trying to make a dollar out of 79 cents. If you love being adaptable and taking on some crazy challenges, you’ve found your place in the world.
Working for a nonprofit company is a hard time. But if you love the cause, it’s the most rewarding kind of work you can do. Understand that money isn’t the object, and you’ll most likely do very well with it.