Archive for the ‘education’ Category

Filing 501c3 Now Made Easier

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There might finally be some relief in the backlog of 60,000+ applications the IRS has on hold as they attempt to review and process new applications for tax- exempt status under Section 501(c)3 codes. Their site indicates they are just processing applications submitted in October 2013 – a 9 month gap in a process that should take 6 to 8 weeks.

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In a July 1,2014 Internal Revenue Service press release they introduced a new, shorter application form, Form 1023-EZ, to help small charities apply for 501(c)(3) tax-exempt status more easily. Most organizations with annual gross receipts of $50,000 or less and assets of $250,000 or less are eligible.

Over 4 years ago IRS indicated on their website that a new online application process was to be released soon. Then that announcement disappeared until now. The change will allow the IRS to speed the approval process for smaller groups and free up resources to review applications from larger, more complex organizations while reducing the application backlog.

None of the basic eligibility requirements have been altered and the instructions include an eligibility checklist that organizations must complete before filing the form. What has changed is the former option of filing as an organization with less than $10,000 gross earning and completing a 26-page application form. Now would-be nonprofits with gross revenue of $50,000 or less and assets of $250,000 or less are now eligible to file a three-page online application.

Some nonprofits, such as hospitals, colleges, and universities, would not be eligible to use the new form, but the IRS predicts, about 70 percent of new applicants,  will be eligible for the short form.

What Does This Mean?

Even though an easier process has been launched, individuals should still first assess whether or not a new organization is needed.  Does an organization already exist that serves your passion, can you devote time and resources to support them? There are thousands of organizations in competition for similar funding resources and it is hard work.

However if creating a new one is the best solution, to move forward understand the process of starting an organization, and more important what it takes to run and create one that is sustainable for the long term. Are you knowledgeable and prepared for the actual cost to launch a solid organizational foundation? Is there a support system in place and consistently developing?

Great News! There is help available!

Make your passion a reality. Fortunately you do not have to embark on this process alone. For more information and/or support to launch your nonprofit, Dr. Victoria Boyd can assemble and submit all of the required documentation . Plus guide you through the process of setting up operational systems, website launch, program development, funding strategies, board development, and much more. At www.theGalaxyGrouplv.com get your free copy of 10 Tips for Effective Nonprofit Management.

Dr. Victoria Boyd has worked in the nonprofit sector for over 35 years internally and externally. Currently an instructor Nonprofit Management at UNLV, she also launched The Philantrepreneur which offers a digital journal, radio show and interactive website.

GALAXY GroupThe Philantrepreneur

 

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WOW ‘Em – Webinar Secrets

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As a life-long learner, educator, trainer and purveyor of information, you can only imagine the amount of time I’ve spent as a student and instructor. I’ve watched my own skills sharpen, develop and honed as an instructor on all levels and tweaked even further on the professional development stage. And then, if that weren’t enough, I added eLearning and blended formats as they emerged as leading platforms. When I say, “I have done it all”, that is not an over exaggeration.  

Small business owners often use digital resources to stay abreast of new products and trends, and promote their business.  So adding serial learner to my credential makes it understandable that I’ve participated in a fair share of webinars and teleconferences. Unfortunately I found myself being distracted – easily. I tried to control it but often drifted into my ‘teacher’ mode, assessing content, teaching methods and delivery effectiveness. I’ve seen the good, the bad and the ugly! More important, I saw an opportunity to share my expertise, a teachable moment to help others create presentations that are valuable and effective for business,  learning  and marketing. To understand that effective presentations  include strong content, are delivered effectively and accomplish business goals to sell. Unfortunately many of the presentations created currently do not include all three elements.  

Coming!!  WOW ‘Em!! Webinar Secrets from the WEALTHY Teacher.

With the growth and heavy reliance on webinars, teleconferences, audio and all renditions of  digital communication in business, the need to use ‘teaching methods’ to effectively deliver content is even greater. Presentations designed as pure content or with sales outcomes need to capture attendees attention and provide a learning ‘experience’. So what specific strategies and nuances are needed for effective digital learning formats. Before answering that I’ll ask 3 simple questions.

  1. Are you aware of the negative impact a poor presentation can have on business credibility?
  2. Have you honed your skills to develop value driven content and deliver it effectively?
  3. Are you, yourself a great student?

Developing presentations can be beneficial on several levels. Teaching is an art form with skills and strategies and to be a good teacher you must understand the mindset of your audience (students) and role of business (teacher) which becomes a process of layering.  You need both to be effective. 

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Barbara Winter, founder of Joyfully Jobless and Winning Ways Newsletter recently posted a blog entitled, 6 Tactics for Getting the Most out of a Seminar,  which emphasized how to be a good student. We often ‘forget’ (a kind way of putting it) how to be a good student and that learning is a two-way interaction on all levels. The total responsibility of learning is not all on the presenters plate, ‘good’ students must be present. However, as the ‘teacher’, it’s helpful to guide the process and begin online learning presentations with a friendly reminder to stay present. Earlier I asked, were you a great student? To develop great presentations sit in the students shoes – how do you learn? 

Presentations can be valuable and powerful, if done correctly. They can also send potential clients running.

Coming!!  WOW ‘Em!! Webinar Secrets from the WEALTHY Teacher.

Infusing business best practices, learn from a teacher the strategies that will help you:

  1. Develop value driven content to WOW and hold your audience
  2. Effective delivery to ‘teach’ the content
  3. Accomplish seamless seeding to meet business goals
  4. Please attendees by delivering what you promise
  5. Learn what it means to be a teacher and student

Coming!!  WOW ‘Em!! Webinar Secrets from the WEALTHY Teacher – ebook and training. 

These resources are for anyone that presents webinars as a marketing strategy or revenue source! 

Also great for those just starting out – develop content right the first time.

On the horizon: Wealthy Teacher topics will cover all aspects of training and development. How to create live presentations, webinars, teleconferences and even developing supportive materials. Kick your collateral and strategies to the next level.

Power of a Partner

The Philantrepreneur I can do this…. I can do this…. Do you hear yourself saying this over and over? Are things getting done or piling up? Is there a sense of overwhelm? As entrepreneurs the nature of our existence and the term solo-preneur defines our working model. We get used to living in a silo. One of the best assets a beginning entrepreneur often overlooks is creating or engaging in a support system. Can you achieve your goals on your own? Yes, but why would you want to, it so much easier with an Accountability Partner (AP). EVERY entrepreneur NEEDS a support system. Even the most experienced entrepreneurs give credit for their success to their support system. It is a means to bounce ideas, get feedback and most important stay connected and grounded. In addition to an AP, you have probably heard the terms Accountability Coach and Mastermind Groups in similar context.  So let’s define each and get clarification on how an AP is different from an accountability coach or mastermind group.

 Let’s start by defining what is an Accountability Partner? An AP is a two-way relationship where both participants are engaged in keeping the other on track toward reaching goals and creating a life and business by design rather than default. Having an AP is a great first step to building a support system as an interactive collaboration for mutual benefit. It is a partnership, a one on one relationship with another like-minded individual, from a different industries or at least separate focus areas. Your mutual goals generally are accountability, responsibility, idea sharing, creativity, brainstorming, and motivational support, however as the relationship develops it may evolve into whatever is agreed upon. It is a collaboration and partnership where both participants gain equal value from the relationship.

In comparison, an accountability coach, just as the name implies there exists a hierarchy of the coach to client relationship. One individual is there to guide and keep the other accountable, set benchmarks and goals. The coach is not there to provide the answers but to guide the process of discovery. The ICF’s (International Coaching Federation’s) definition of coaching is, ‘partnering with clients in a thought-provoking and creative process that inspires them to maximize their personal and professional potential’.

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On a larger scale is the mastermind group which offers a combination of brainstorming, education, peer accountability and support in a group setting to sharpen business and personal skills and achieve success. Participants challenge each other to set important goals, and more importantly, to accomplish them. It offers many of the same features of an AP but in a group setting which may be initially uncomfortable for some, especially if just starting out. The group requires commitment, confidentiality, and a willingness to be creative, brainstorm ideas/solutions, and support each other with total honesty, respect and compassion. Mastermind group members act as catalysts for growth, devil’s advocates and supportive colleagues.

Do I really need an Accountability Partner?

6 Things An AP Will Do For You  5 Signs You Need an Accountability Partner
1.Get that extra push you need in your businessSometimes you just need that extra little push. Maybe you’re stuck on whether or not to move forward on a certain project or maybe you’re not sure if it’s even a project you should be working on. On a normal day, you would probably hem and haw over what direction to take and spin your wheels but an accountability partner will be there to help you make a decision and get things done.

2. Someone to bounce around ideas

It’s nice to have an accountability partner(s) when you’re stuck and not sure how to proceed on an idea or maybe you need help deciding on whether or not to sell a product for a certain price, what website to focus your attention, etc. Working online can be lonely at times and sometimes spouses/family/friends just don’t understand the type of help you need. Connecting with someone who does understand is a big deal.

3. Someone you can stay accountable to

At the beginning of every week, you’ll share your 3 biggest tasks for the week with your accountability partner(s). It’s really nice to have someone to tell when you have accomplished those tasks. Or on the flip side it’s nice to have someone there if you’re starting to feel overwhelmed and they can bring you back to reality. It’s great to know you have someone there that is counting on you to take action!

4. Someone to share accomplishments with

Did you make a big sale? Finish a project? An accountability partner is the perfect person to share those exciting times with.

5. Someone who can be totally honest with you

There are times where you might feel that you are choosing the right project or path in your business but you’re really not. In this case, you need someone who will be honest and who feels comfortable telling you like it is, in a nice but firm way.

6. You drastically increase your productivity

As mentioned above, having someone to stay accountable to makes you achieve more than you thought you ever could. You are focused on the most important tasks and are less likely to be drawn to all the mundane and most importantly non money making tasks. You will find yourself much more productive!

1. You habitually start and stop.Do you set a goal, get revved up, pursue it with gusto for a week or two and then let it die? If so, an accountability partner is what you need. When you have someone to answer to – someone who is going to hold you to your word – you’re less likely to give up in the middle of something. A good accountability partner won’t let you give up just because the path gets rough. They’ll offer a shoulder to lean on, but will eventually push you back up and on your way.

2. You never get started.

Do you set goals and dreams, but never act on them? That’s another indication that you need an accountability partner. Many of us have some pretty big ideas. That’s great, now take that idea a step further and actually plan to do those things? An accountability partner can get you in the habit of setting and achieving goals for yourself.

3. You procrastinate.

Remember when mom would kick you out of the house because she didn’t want you wasting a beautiful day sitting around doing nothing? Well, an accountability partner can help jump-start you into action. Maybe you’re stuck in a dead-end, mental block, fearful or any number of reasons that we procrastinators choose. Your accountability partner can give you the kick in the pants and the motivation you need to make a change.

4. You settle for less than you should.

There’s a difference between being humble than being foolish. People who are foolish, feel they have no worth and simply accept what is offered (if anything) than what they are worth. Your AP will recognize your value and the potential for more. Often others see more than we see ourselves. Your AP will get you on the right track to move forward.

5. You’re indecisive.

Sometimes, after we experience failure, we find it difficult to make decisions for fear it’s going to be the wrong one. The result is that we end up paralyzed while opportunities pass us by. An accountability partner can provide you with mentoring and insight that you’ve never had before. They can often see the forest while you’re preoccupied with looking at the trees.

Remember that an accountability partner isn’t there to tell you what to do; they’re there to provide motivation and assistance when needed. It’s a great resource to have because, while we may not mind disappointing ourselves, we generally don’t like letting other people down – especially when they’re looking after our best interests.

Selecting and Establishing Partnership Parameters

  1. Be careful who you pick. Have you ever tried to be an exercise partners with someone, only to have them rarely show up, be perpetually late, and have a never ending line of excuses? To create a valuable partnership, you have to find someone who is as committed to their own success as you are to yours.
  2. Pick a time that works. Select a good time that works for both of you and stick with it. Begin by having weekly call, many like Monday’s because it can set the tone for the rest of the week. Meet at exactly the same time, put it on your calendar so that you’re less likely to forget or miss the appointment. Make it a priority.
  3. Set a good length for the calls. Remember the length of the call must accommodate an equal share of time on each other’s goals. In the beginning, you may worry that calls will be too long, but to get the value and result desired ample time is needed. Generally calls that run around an hour will give plenty of time to talk about accomplishments and challenges for both of you. By knowing how long to expect, you won’t book things too close to the call time. You never want to feel rushed.
  4. Be consistent. You and your accountability partner must honor appointments with each other. Recognize the value and how much it helps your forward progress.
  5. Plan your agenda. Planned calls are much more productive and get way more out of the conversation. Usually no later than the Friday before calls (if on Monday), email each other our respective lists, which include updates, what we’ve done, obstacles and things to discuss (if we’re having any particular challenges that we need help with).
  6. Rely on the agenda. It’s easy to go off on tangents, but try to stay close to your agenda so that you get the most out of the call. Generally, run through the lists, make suggestions and provide feedback to each other.
  7. Split the call. Always cover what’s been going on and what’s to come for both partners. It is not necessary to  stick to set time frames, but might find it to be helpful to dedicate the first half the call to one person and the second to the other.
  8. Be ready to learn. There’s rarely a call when you won’t have “homework:” A solution or idea to look into on the recommendation of the other person. Have pen and paper ready to take notes so that you don’t forget things by the end of the call.
  9. Be ready to help. It’s likely that your partner will want you to review something here and there, so be available and try to follow up quickly. Remember that the purpose of this relationship is to help each other move your visions forward, and by being willing and ready to step up for your accountability partner, you’ll both reach your goals more quickly.
  10. Don’t wimp out. Be frank and direct with your partner. Don’t sugar-coat your opinions and say what you think the other person wants to hear. The only way you will get real value out of this relationship is if you can count on each other to be upfront and honest. If you think the person is doing the wrong thing, making a bad choice, or even lagging behind, say so.

Can you see why this type of partnership is crucial?

The value of having an accountability partner really can’t be felt or described accurately until you begin the process and start benefiting from the results. On a daily basis you will do more than you ever imagined. It is motivating, inspiring and provides a sense of pride as you recognize your own progress and becomes even more fulfilling as every opportunity arises to share accomplishments and progress with your AP.  Oh and by the way, you’ll be serious about making money.

Dr. Victoria Boyd is Founder & President of the GALAXY group, LLC and The Philantrepreneur suite of services.

Find more information at: http://www.DrVictoriaBoyd.com, http://www.theGALAXYgoruplv.com or http://www.ThePhilantrepreneur.com

The Core

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Getting to the ‘core’ of things is essential. The phrase, cutting to the core, is often used and simply means a central part of something. The core helps clarify and define the ‘why’ and ‘what’ of any number of circumstances, events or strategies. The core is the foundation. So why is it frequently ignored or overlooked at the start and especially as events spiral further away? It’s there to enhance one’s knowledge, understanding and comprehension – to basically make life easier. There could be many reasons, and none of them significant at this time, because… did I mention this blog is all about me…  yep, my core, my passion and what I want to give you. However,  perhaps this brief blog will shift some light on the value of ‘The Core’.  

For me, the core has a very symbolic meaning. My visual image generally goes to an apple core. Interestingly,  the apple is commonly associated with education, teachers and learning. As a career educator it is only appropriate or perhaps my subconscious programming, that it resonates  and has a strong presence in my life.  Education is my passion – My Core. 

More Core

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If you explore the projects I’ve developed, you will notice a common thread which is to share my expertise to help other through their journey.  The Wealthy Teacher: Answering the questions, What’s next?  shares my journey with hope that others will learn from my mistakes and find their ‘core’.

Your needs are front and center….

The Philantrepreneur Institute, What’s Next Training Series & Nuts & Bolts NPO Training are outlets for my passion – but more important it is an opportunity to see others gain the skills needed to reach their full potential. Here are some of the offerings.

Visit: THE PHILANTREPRENEUR  for all the training details, schedules and registration!!

Nonprofits: Tues. Jan 21st – 7 Tips to Transparency & NV AB 60 requirements & Tuesday Feb 18, 15 & Mar 4 – 3 Pt Strategic Fundraising

Entrepreneurs: Thurs. Jan 30th – Webinar Development:  Delivering What You Promise; Wed. Feb 12th – So You have An Idea. What’s next?

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The Philantrepreneur                    What'sNextTraining Series logo

Don’t delay – there are limited spots in each session and some have Early Bird Specials!!  Register Here

Consulting services also available for any listed topics. To inquire about personalized services contact Dr. Boyd directly at: ceo@DrVictoriaBoyd.com  

 

What it all means… for YOU

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Imagine being in a forest covered with haze. As the old saying goes, one can’t see the forest for the trees and ironically it applies in my situation. This vision had been brewing and looking back, it took a lifetime to evolve. It’s like the puzzle pieces finally started making sense and came together. The elements were all there, just not in focus and aligned on the right path. 

What evolved? I found my What’s next? First for some context, I was an early retiree with years of experience, training and supporting others realize their potential and capitalizing on their skills…. I was a teacher. My story is at the core of what emerged. Writing the book, The Wealthy Teacher: Answering the question, What’s next? became an exercise of self discovery and started me on a path to alignment. All of the pieces of my life were placed on a tablet before me as I discovered my needs.

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So, what does it all mean and how does it have any impact for you? There are many people, consciously or unconsciously, looking for what’s next? However, many don’t realize that it is not the what that is important but actually the why. The secret is grounded in your core – your passion – your purpose. That is the element that ties everything together and creates lasting satisfaction. It also is at the core of what came next on my path to serve you.

Finding alignment, internally and externally was important. This alignment was the vision behind the launch of new services that connect with existing brands.  Externally, they may seem unrelated, however there is a strong thread that transcends and connects them – Passion for community service. Utilizing my story, experience and expertise as a trainer, nonprofit specialist, believer in social enterprise and corporate social responsibility, became the foundation.

Your needs –  Help you find meaning, purpose and be profitable too.

Are you asking what’s next as I did? Where does your passion lead you? Want to start a nonprofit, envision a business or combine the two? Supporting your needs has been central to our services and here’s how they work together.

  • Are you a Philanthropist by nature? the Galaxy group provides guidance and support to the nonprofit community.  From conception, to launch, to developing the systems, we assists building strong foundations with an entrepreneurial spirit.
  • Are you an Entrepreneur by nature? The Wealthy Teacher provides guidance to reignite and rejuvenate core values and passion. Then using that as the foundation create an entrepreneurial venture based on a social enterprise model. 

The Philantrepreneur        Where we are today….

Merging philanthropy and entrepreneurs under one umbrella The Philantrepreneur suite of services was launched. Providing support via consulting, coaching, training and multi-functional website we can deliver resources, strategies and insight to for profit and nonprofit entities. A new website gathers together in one location and allows access to the broad suite of services. Explore the Hub, Radio Show, Journal, Institute and interactive forum. Coming soon will be the Learning Library to round out our goal to create a community of passion driven individuals and social enterprises. Join the movement and excitement! Explore and register to become a member of the forum to add your voice.  You can have it all as a Philantrepreneur!  

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To celebrate our launch please accept this complimentary copy of the Premier Edition of The Philantrepreneur Journal!!

http://thephilantrepreneur.com/journal-editions/

Why Philantrepreneur

Why Philantrepreneur?

I recently realized the concept has always been a part of me. I did not strive to be one, and had not even put a name to it, it was just who I was. There are many Philantrepreneurs out there, maybe it’s you, and until now recognizing and utilizing it’s strength and value had not hit the mainstream business strategies. It has now arrived. Let’s define what it means generically to give context to what it could mean to you  and your business or nonprofit efforts.

First, the root foundation, something as simple as the definitions and interpretation of the two words, Philanthropy and Entrepreneur. Not surprisingly there are several different definitions of Philanthropy and Philanthropist – the noun, and Entrepreneur.

Philanthropy etymologically means “love of humanity”.  Merriam-Webster, defines it “as a wealthy person who gives money and time to help make life better for other people”. Interesting, that Merriam-Webster would actually make the distinction of ‘a wealthy’ person as a part of the definition. I will speak to that at another time. Other combinations include:

  • a person who seeks to promote the welfare of others
  • generous donation of money to good causes
  • inclination to increase the well-being of humankind
  • love of mankind in general

Looking at the term entrepreneur, in an article by Brett Nelson a regular contributor to Forbes, listed Merriam-Webster’s definition as “one who organizes, manages and assumes the risks of a business or enterprise” and Dictionary.com’s definition as “a person who organizes and manages any enterprise, especially a business, usually with considerable initiative and risk.” The difference is subtle, but fundamentally it’s the word “any.” Dictionary.com has it right: Entrepreneurs, in the purest sense, are those who identify a need, any need, and fill it. It’s a primordial urge, independent of product, service, industry or market. Richard Branson states, being an entrepreneur simply means being someone who wants to make a difference to other people’s lives. Looking at it from that perspective, wouldn’t anyone that starts a nonprofit be an entrepreneur, a Philantrepreneur? My answer is Yes – it only makes sense.

Examining the perspective from the business sector, companies have long recognized the value of aligning with a cause. It became their corporate social responsibility (CRS) level and a component used to increase the company image. However the approach has had to shift dramatically due to concerns with allocation of funds. Corporations, focused on profits had to look at measurable outcomes. So evolved the concept of meaningful marketing. Business with a heart.7653509-heart-shaped-collage-of-words-relating-to-business

Where do we go from here? Become connected! Join the movement that will benefit your bottom line.

The Philantrepreneur resources support a full circle approach which uses strategies and relationships to benefit both nonprofits and entrepreneurs as they work together.  To develop win-win relationships that result in community and bottom line impact – social enterprises. This social enterprise approach combines social impact and business practice by contributing a blend of financial and social value. By measuring and valuing the impact created by social enterprise, organizations can demonstrate the impact and importance of shifting business practices. This will become increasingly important as more investors contemplate impact investing and look for investment opportunities that offer a social return.

Resources availableThe Philantrepreneur LOGO-1

www.ThePhilantrepreneur.com: Explore the site for resources and access to training, communicating and adding your voice.

The Philantrepreneur Radio Show: 1st and 3rd Wednesday on www.BlogTalkRadio.com/philantrepreneur

The Philantrepreneur Journal: Premier Edition December 15, 2013!! Leading experts from across the country share their insights and strategies to building strong alliances.

For more information contact: Dr. Victoria Boyd, victoriaboyd@thegalaxygrouplv.com

Cause Marketing Grows Up

Cause Marketing is maturing into Meaningful Marketing and that is a good thing.

The concept of cause marketing as noted on The Philantrepreneur Radio Show in September has been around since 1974 when John Carr and The Foundation for Charitable Giving as a way of “giving back” engaged Charities and Businesses to support each other. We’re now witnessing the first major change in almost four decades–a shift referred to as “meaningful marketing.” This shift was initiated by corporate partners need to decrease cause based philanthropy but to developing purpose-based brands, sustainability and require nonprofits to fundamentally shift their approach to working with businesses if they wished to secure significant support.

It is a great concept because meaningful marketing unites and integrates businesses’ and organizations’ efforts behind a singular and truly meaningful idea that can achieve significant impact. Equipped with that big idea, corporations then need to identify the cause or causes that can deliver the brand value and marketing assets needed to live up to the idea’s promise, spread its message, and achieve the desired results.

Meaningful marketing hit its stride, with a handful of pioneering companies taking the lead and many more poised to adopt it as their central approach to partnering with nonprofits. Among those at the forefront: Coca Cola: Live Positively; Liberty Mutual: Responsibility Project; Kohl’s: Kohl’s Cares; and Dove’s Unstoppable Project.

Philantrepreneur-Sample-CoverMeaningful marketing can also work for small to midsize of entrepreneurs and nonprofits. The strategies are the same: demonstrate  marketing strategies that have community impact. The Philantrepreneur’ Ads for A Cause marketing platform provides the opportunity to implement meaningful marketing immediately in ongoing strategies.

To find out more about Ads For A Cause visit: http://thephilantrepreneur.com/marketing-ads/

Resources:

http://mythologymarketing.com/pillars/

http://www.cmo.com/articles/2012/11/1/cause-marketing-matures-into-meaningful-marketing.html

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