Starting a Non-Profit with Raleigh Sadler-CMAW074

What You'll Hear: Raleigh felt led to get involved in fighting human trafficking after hearing a message in a conference, he realized that "If we're not paying the highest price, someone else is" He saw there was a need to work with churches to help the vulnerable people that were being trafficked "You take one step at a time and learn" He read the book "Start Something that Matters" and that was very impactful If you can start an organization and have a passion about it, that's very important If someone's already doing it just work with them "There's a strong 3 years of struggle when you start a non-profit...push through and keep going" Investigate who are the stakeholders already in this space You want to have a clean mission statement that gets right to what you want to address At first Raleigh confused his strategy with his mission, your strategy is how do you get to the mission You need to know the difference between your vendor and your client You want to think of a good name You want to hire a tax attorney or accountant, you want to appoint board members, file articles of incorporation, get an employee identification number, get a business bank account, draft by-laws, apply for a 501c3, apply for state tax exemption, have board meetings, address letters you receive immediately "If you never feel like you want to quit, you're probably not doing it right" If you work with your spouse, just like Chip and Joanna Gaines, each have your area of focus "Your starting Board is going to be different than your Board in years to come" Your Board of Advisors should be different than your Board of Directors It's not common for Board members of non-profits to be compensated Go to www.lmpgnetwork.org