It shouldn't be hard to do good.

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Arthur's Round Table-Subscription to Curiosity.

Arthur Andrew Bavelas

53 episodes

4 days ago

Conversations with leading entrepreneurs and investors. Arthur is Founder of Family Office Insights, a pioneer in developing one of the first private opportunity review networks. Arthur is a globally recognized entrepreneur, author, and family office investor. He is the host of the Arthur’s Round Table Series, and creator of the Family Office Funding Challenge, Global Business Network, The Family Office Impact Summit, Creator of The Bavelas Index (TBI)™ Family Office Investor Sentiment Index™ . Arthur Bavelas is a pioneer in developing one of the first private opportunity review networks.

Entrepreneurship

Business

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Entrepreneurship

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It shouldn't be hard to do good.

Arthur's Round Table-Subscription to Curiosity.

1 hour 4 minutes 4 seconds

1 month ago

It shouldn't be hard to do good.

In this conversation, Christian LeFer shares his journey from personal experiences with his sister to founding a nonprofit consultancy that simplifies the process of starting and maintaining nonprofits. He discusses the challenges of navigating bureaucracy, the importance of creating a culture of love in business, and the strategies for effective nonprofit formation and maintenance. The conversation also touches on the role of donor-advised funds, the legitimacy of nonprofits compared to crowdfunding platforms, and the significance of choosing the right state for nonprofit registration. Christian emphasizes the need for nonprofits to be cost-effective and efficient, allowing them to focus on their missions and make a positive impact in their communities.

Takeaways

Christian's personal journey shaped his passion for helping nonprofits.

Bureaucracy can be navigated with the right approach and mindset.

Creating a culture of love in business leads to better outcomes.

Nonprofits should focus on their mission, not administrative burdens.

The importance of maintaining nonprofit status to avoid revocation.

Cost-effectiveness is crucial for nonprofit sustainability.

Understanding IRS regulations is key for nonprofit success.

Building relationships with bureaucrats can ease the process.

Nonprofits can raise funds before IRS approval through backdating.

The right state for registration can impact nonprofit operations.

Sound bites

"It shouldn't be hard to do good."

"We want people to feel smarter, not dumber."

"The IRS can come back for years and years."

Chapters

00:00 Introduction and Background

00:57 The Hero's Journey and Personal Story

04:14 Navigating Bureaucracy and Nonprofit Formation

09:18 Understanding Bureaucratic Incentives

11:38 Creating a Culture of Love in Business

17:00 Building a Scalable Backend for Nonprofits

23:18 The Importance of Nonprofit Maintenance

28:27 The Cost-Effectiveness of Nonprofit Formation

32:31 Business Development Strategies

39:04 The Role of Donor-Advised Funds

43:18 The Legitimacy of Nonprofits vs. GoFundMe

47:25 Choosing the Right State for Nonprofit Formation

52:47 Managing Short-Term Fundraising Nonprofits

57:12 Understanding Nonprofit Taxation and Compliance