Surely, This Can't be Right!!! Comments below the image.
As seen here: https://apply.networkforgood.org/productgallery.aspx
From Network for Good's website, I've gleaned the following:
Then I did the math.
100,000 X $600 = $60,000,000 that Network for Good (good for them) takes in--Minimum, A YEAR!
They have been online for over 10 years, therefore $575,000,000/10 = $57,000,000 a year on average they have collected and dispersed donations to date.
I would be happy with 10%--or less--with that business model in hand.
Note in the image that the charitable organizations still pay that 3% processing fee.
I think it's time for a little disruptive innovation starting with charitable organizations, hence Bitcoin100. http://www.claytonchristensen.com/disruptive_innovation.html
As seen here: https://apply.networkforgood.org/productgallery.aspx
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Become an Online Fundraising Superhero
Whether you're just getting started online or taking your activities to the next level, we're excited to help you get started--and succeeding!--online. Check off any and all products you'd like and we will get the process started for you.
Whether you're just getting started online or taking your activities to the next level, we're excited to help you get started--and succeeding!--online. Check off any and all products you'd like and we will get the process started for you.
From Network for Good's website, I've gleaned the following:
- 100,000+ NONPROFITS COUNT ON US
- DONATIONS DISTRIBUTED: $575 MILLION TO DATE!
Then I did the math.
100,000 X $600 = $60,000,000 that Network for Good (good for them) takes in--Minimum, A YEAR!
They have been online for over 10 years, therefore $575,000,000/10 = $57,000,000 a year on average they have collected and dispersed donations to date.
I would be happy with 10%--or less--with that business model in hand.
Note in the image that the charitable organizations still pay that 3% processing fee.
I think it's time for a little disruptive innovation starting with charitable organizations, hence Bitcoin100. http://www.claytonchristensen.com/disruptive_innovation.html
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Some examples of disruptive innovation include:
Disruptor Disruptee
Cellular phones Fixed line telephony
Community colleges Four-year colleges
Discount retailers Full-service department stores
Retail medical clinic Traditional doctors offices
Bitcoin Fiat
Disruptor Disruptee
Cellular phones Fixed line telephony
Community colleges Four-year colleges
Discount retailers Full-service department stores
Retail medical clinic Traditional doctors offices
Bitcoin Fiat