Young entrepreneurs are exhibiting an affinity to businesses endowed with human qualities, the type that fuels the missions of non-profit organizations, qualities antithetical to cultures found in for-profit big business: sharing, cooperative, generous, transparent, ethical, open, collaborative, democratic, equitable and inclusive.
A growing sense of solidarity and consensus-forming amongst young entrepreneurs is giving rise to a worldwide wave of entrepreneurial drive to apply “radically advanced technologies” in the spirit of public obligation, the mainstay of the non-profit organization. What they’re doing is sort of weird to our common sense; it is almost as if they are automating these strictly human qualities to power their mission. The “radically advanced technologies” in question are completely foreign, or vaguely familiar, to most of us: Artificial Intelligence, Blockchain, and distributed collaborative organizations.
Here is an example. To see what fundraising might look like in the near future, watch Dana Max’ brief presentation of his External Revenue Service online business: https://livestream.com/internetsociety/platformcoop/videos/104521598 (forward to time 01:02:30).
For those serving nonprofit arts organizations, ArtsPool might peek your interest. It’s a cooperative organization providing radically affordable financial management, workforce administration, and compliance.
We are looking at new ways to solve social problems, aided by radical technologies, and relying the power the “network effect”, which has already given rise to unprecedented breakthroughs, such as, crowdsourcing, crowdfunding, Safecast, and Wikipedia.
This post is an invitation to support this type of socially groundbreaking efforts, and leapfrog into the 21st Century, because the marketplace is already looking very, very different than the way most of us are still administering our organizations and thinking about innovation.
We need to see these fresh social movements thrive, so we must grant them our attention and spread the word, because they represent higher possibilities for you, me, and for the non-profit sector in the upcoming years.
I’ve been in high technology and innovation all my career. There is a sprouting trend, I noticed, to utilize advanced technologies for serving public good. And it will lead to a global transformation that is predicted to mature by year 2020. Now is the time to participate, invest, and jump in.
Welcome to the 21st Century!
Ernest Stambouly is a Transition Coach, author, small-business owner, and member of the Executive Coaches of Orange County, bringing high technology to social enterprise. Email firstname.lastname@example.org