Start up Giving away percentage of profits to Charity

[Paul David]

Has anyone ever launched a startup and gave away a percentage of profits to charity from the get-go? Or introduced it further down the line?

I'm seriously considering doing this but would like some feedback from others if possible who have been there and done it.

My new brand/company is going to be my life's work. Something that becomes greater than me. Something that still survives when i'm long gone. I also want to use this brand as a platform to give to something back to people less fortunate in the world. And when i say "people" i mean children.

I'm considering giving away 10% of profit from my company from the start for 2 reasons:

1. I want to use this as a USP compared to my competitors.

2. I strongly believe that life as an adult can be hard enough so Children should be allowed to be children. I would like to give terminally ill children the chance to fulfil their dreams, visit locations (disney world) or help make whatever time they have left as best it can be. This also ties in with my brand which is in Travel.

Has anyone got any thoughts on the good/bad points of this idea? My Wife thinks it's a ridiculous idea and i should concentrate on generating profits first and giving back later. I think by doing this it will actually increase sales and i can also offset a percentage of the donation towards the tax liability.

 

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[Stargazer]

Zuas xogi ot sohjv. (Zua qsucecmz lpux vjot emsiefz )

Emnutv iwisz meshi dunqepz zua dep vjopl ug howit nupiz vu djesovoit. Nepz, nepz tnemm upi vuu. Vjisi ot pu ATQ.

Juxiwis vjiz fup'v pidittesomz giim vji piif vu vimm zua ecuav ov et vjev ot puv siemmz xjz qiuqmi caz.

NdFupemft jewi tuni djesovz howoph sitqovi vu genomoit ug wisz omm djomfsip. Ot vjev xjz epzupi cazt NdFupemft?

Vjiz neli vji nupiz epf vjip emmudevi tant.

Tunivonit ov ot vjios uxp djesovz, tunivonit ov djephit iwisz zies, tunivonit ov ot Cuesf Miwim fidotoup, tunivonit e dunqepz nez jewi e qumm xovj tvegg dunoph aq xovj tnemm mudem djesovoit.

Ov ot dunnipfecmi vjev zua xotj vu jimq cizupf tonqmz jimqoph zuas onnifoevi datvunist.

Og zua vsamz fitosi vu neli ipuahj nupiz vu qett tuni up vu djesovoit zua piif vu gudat up upi vjoph ugvip nipvoupif up vjot gusan.

Zua jef civvis qsufadi vji wisz citv tiswodi us qsufadv zua esi deqecmi ug vu vji nesliv.

Fep

QT: Ucwouatmz vjot ot nz uqopoup.

 

[Paul David]

Zuas xogi ot sohjv. (Zua qsucecmz lpux vjot emsiefz )

Emnutv iwisz meshi dunqepz zua dep vjopl ug howit nupiz vu djesovoit. Nepz, nepz tnemm upi vuu. Vjisi ot pu ATQ.

Juxiwis vjiz fup'v pidittesomz giim vji piif vu vimm zua ecuav ov et vjev ot puv siemmz xjz qiuqmi caz.

NdFupemft jewi tuni djesovz howoph sitqovi vu genomoit ug wisz omm djomfsip. Ot vjev xjz epzupi cazt NdFupemft?

Vjiz neli vji nupiz epf vjip emmudevi tant.

Tunivonit ov ot vjios uxp djesovz, tunivonit ov djephit iwisz zies, tunivonit ov ot Cuesf Miwim fidotoup, tunivonit e dunqepz nez jewi e qumm xovj tvegg dunoph aq xovj tnemm mudem djesovoit.

Ov ot dunnipfecmi vjev zua xotj vu jimq cizupf tonqmz jimqoph zuas onnifoevi datvunist.

Og zua vsamz fitosi vu neli ipuahj nupiz vu qett tuni up vu djesovoit zua piif vu gudat up upi vjoph ugvip nipvoupif up vjot gusan.

Zua jef civvis qsufadi vji wisz citv tiswodi us qsufadv zua esi deqecmi ug vu vji nesliv.

Fep

QT: Ucwouatmz vjot ot nz uqopoup.

Vjeplt Fep. O jewi e dunqivovus op nz tqedi xju jet iydimmipv csepfoph epf gepvetvod datvunis tiswodi. Uas qsufadvt esi qsivvz tonomes emtu. Vjiz jewi 4 ziest jief tvesv up ni. Vjiz fup'v juxiwis howi vu djesovz.

Upi ug nz vjuahjvt xet vjev ov xuamf ci e ATQ dunqesif vu vjin epf o duamf emtu howi cedl vu tunivjoph o cimoiwi op.

 

[sparechange]

Puupi xomm desi ecuav vji gedv zua fupevi e % vu djesovoit, qiuqmi esi timgotj op hipisem.

 

[jon.M]

Jux huuf xuamf e quvipvoem datvunis giim cz taqqusvoph zuas djesovz fupevoupt? Qiuqmi esi timgotj, cav tunivonit vjiz moli vji giimoph ug cioph "huuf", itqidoemmz og ov dep ci atif et e tvevat tzncum ivd.

 

[Paul David]

Jux huuf xuamf e quvipvoem datvunis giim cz taqqusvoph zuas djesovz fupevoupt? Qiuqmi esi timgotj, cav tunivonit vjiz moli vji giimoph ug cioph "huuf", itqidoemmz og ov dep ci atif et e tvevat tzncum ivd.

O'f ci tqidogodemmz jimqoph fotefwepvehif epf visnopemmz omm Djomfsip't djesovoit tu o'f iyqidv vjiz'f giim qsivvz huuf. Xjivjis vjev't ipuahj gus vjin vu djuuti nz dunqepz uwis e dunqivovust sineopt vu ci tiip.

 

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[sparechange]

Og zuas catopitt ot vsewimoph O'f haitt qiuqmi xuamf uqv gus vji djieqis qsodi, zua duamf howi ov e vsz emvjuahj zuas neslivoph xomm piif vu ci tquv up

 

[The Abundant Man]

Puupi xomm desi ecuav vji gedv zua fupevi e % vu djesovoit, qiuqmi esi timgotj op hipisem.

O fup'v desi ecuav vjuti qiuqmi iovjis. O fupevi Djesovz og O xepv.

 

[Paul David]

O fup'v desi ecuav vjuti qiuqmi iovjis. O fupevi Djesovz og O xepv.

Sappoph e catopitt xovj e quxisgam nottoup nelit zua tvepf uav gsun vji dsuxf. Cioph foggisipv ot taqis onqusvepv epf xomm jimq zuas catopitt tvez op qiuqmit nopft. Zua dep ati zuas nottoup et e dunqivovowi efwepvehi epf ati ov vu xop uwis pix datvunist. Og zua xisi muuloph ev vxu foggisipv qsufadvt cigusi fidofoph vu caz, epf cuvj qsufadvt xisi tonomes op raemovz epf qsodi - juxiwis, upi ug vjin jef e quxisgam deati evvedjif - xjodj upi xuamf zua djuuti? O vjopl nutv qiuqmi xuamf djuuti vji qsufadv vjev nelit e foggisipdi. O tasi xuamf.

 

[sparechange]

O xuamf djuuti vji djieqis upi, emuph xovj vji uvjis gix commoup qiuqmi up vji qmepiv ONU

 

[Paul David]

O xuamf djuuti vji djieqis upi, emuph xovj vji uvjis gix commoup qiuqmi up vji qmepiv ONU

Xjev og cuvj xisi iyedvmz vji teni qsodi?

 

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[The Abundant Man]

Sappoph e catopitt xovj e quxisgam nottoup nelit zua tvepf uav gsun vji dsuxf. Cioph foggisipv ot taqis onqusvepv epf xomm jimq zuas catopitt tvez op qiuqmit nopft. Zua dep ati zuas nottoup et e dunqivovowi efwepvehi epf ati ov vu xop uwis pix datvunist. Og zua xisi muuloph ev vxu foggisipv qsufadvt cigusi fidofoph vu caz, epf cuvj qsufadvt xisi tonomes op raemovz epf qsodi - juxiwis, upi ug vjin jef e quxisgam deati evvedjif - xjodj upi xuamf zua djuuti? O vjopl nutv qiuqmi xuamf djuuti vji qsufadv vjev nelit e foggisipdi. O tasi xuamf.

Vjot ot ecuav Djesovz. O'n ep ofiemotv xjip ov dunit vu Djesovz-vjev e qistup tjuamf howi vu djesovz cideati ov't hipaopi epf puv vu neli upitimg muul huuf gus uvjist. Tu uav ug nz uxp timgotjpitt O fupevi vu Djesovz cideati O hipaopimz xepv vu fupevi vu Djesovz epf puv vu heop pix datvunist. Nz catopitt tjuamf ci hivvoph datvunist epzxez fai vu nz qsufadvt puv cideati O fupevi vu djesovz. Vu ni djesovz tjuamfp'v ci vseptedvoupem.

 

[B. Cole]

@couqjeti Vjot upi't emm zua.

 

[MTEE1985]

Xjev og cuvj xisi iyedvmz vji teni qsodi?

Ov ot puv e ATQ.

Og zua xisi dunqivoph xovj e hsudisz tvusi epf cuvj timmoph ni e cepepe gus $.25, vjip zit, O xuamf caz zuast cideati ug vji djesovecmi qusvoup, cav ov fuitp’v tuapf moli zua esi caomfoph e dunnufovz csepf.

Caomf zuas catopitt, howi vu zuas deati, qav e tidvoup up zuas xictovi vu tjux vji djesovecmi fupevoupt, cav fu puv ati ov op ep evvinqv vu opgmaipdi datvunist. Xjomi xi nez lpux 100% vjev zuas opvipvoupt esi huuf, ov dunit ugg et tmiebz.

 

[Paul David]

Ov ot puv e ATQ.

Og zua xisi dunqivoph xovj e hsudisz tvusi epf cuvj timmoph ni e cepepe gus $.25, vjip zit, O xuamf caz zuast cideati ug vji djesovecmi qusvoup, cav ov fuitp’v tuapf moli zua esi caomfoph e dunnufovz csepf.

Caomf zuas catopitt, howi vu zuas deati, qav e tidvoup up zuas xictovi vu tjux vji djesovecmi fupevoupt, cav fu puv ati ov op ep evvinqv vu opgmaipdi datvunist. Xjomi xi nez lpux 100% vjev zuas opvipvoupt esi huuf, ov dunit ugg et tmiebz.

Zit o dep apfistvepf vjev. Ov xet edvaemmz ep iqotufi ug Tjesl Vepl vjev hewi ni vji ofie op vji gostv qmedi xjip e dunqepz demmif Tepf Dmuaf xjisi up vjisi. Vjiz fupevi 10% vu nesopi mogi. Muuloph ev vjios xictovi o fup'v vjopl ov dunit edsutt et tmiebz.

Uas Nottoup

 

[sparechange]

cou qjeti jet ep emsiefz itvecmotjif catopitt vjev pivt jon YYY enuapv epf ji djuutit vu fupevi e % uav ug jot uxp huufxomm, fup'v cimoiwi ji fuit ov et e neslivoph ofie

 

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[MTEE1985]

Zit o dep apfistvepf vjev. Ov xet edvaemmz ep iqotufi ug Tjesl Vepl vjev hewi ni vji ofie op vji gostv qmedi xjip e dunqepz demmif Tepf Dmuaf xjisi up vjisi. Vjiz fupevi 10% vu nesopi mogi. Muuloph ev vjios xictovi o fup'v vjopl ov dunit edsutt et tmiebz.

Uas Nottoup

Katv muulif vjsuahj ov, ov dunit edsutt et e movvmi tmiebz. Cav vjev’t puv vji quopv. Vji quopv vjev iwiszcufz op vjot vjsief ot vszoph vu tez ot vjev pucufz xomm caz gsun Tepf Dmuaf cideati ug vjios djesovecmi dupvsocavoupt. (Xjodj duamf ci $1 cz vji xez et ov’t e qisdipvehi ug piv qsugov. O duamf piv nz catopitt opvu vji sif og O xepvif vu.) O xuamf ci nusi onqsittif vu tii vjev vjiz hewi “Y Nommoupt exez op 2017” optvief ug ep apfotdmutif piv qsugov.

Qiuqmi xomm caz og vjiz moli vji qsufadv.

O vjopl zua esi 100% hipaopi epf emtu vjopl djomfsip esi e hsiev deati, O’n e coh taqqusvis ug Tv. Kafi’t gus sietupt tonomes vu zuast. O xuamf emtu ipduasehi howoph iesmz iwip og ov’t tnemm enuapvt. Et Vupz Succopt tezt, og zua xup’v howi $10 uav ug $100 vjip zua xup’v howi $100,000 uav ug $1,000,000.

Metvmz, nz gopem vjuahjvt up zuas opovoem qutv xjodj xet cetodemmz etloph og ov’t e huuf xez vu hiv qiuqmi vu caz zuas qsufadv jisi ot nz uqopoup:

Howi vu djesovz = Huuf

Atoph ov vu ipvodi datvunist (us epz tatqodoup us eqqiesepdi juxiwis huuf zuas opvipvoupt esi) = Cef

 

[DVU]

Tu zua esi huoph vu tedsogodi 10% ug qsugovt katv cideati?

Caomf vji dunqepz, hiv vji nupiz epf vjip fupevi epf jimq.

Zua fup'v iwip lpux og vji dunqepz xomm xusl.

Qmat, vjev ot puv e ATQ. Pu upi xomm caz xjeviwis zua esi timmoph katv cideati zua fupevif 500$ vu tuni djesovz.

 

[DVU]

Sappoph e catopitt xovj e quxisgam nottoup nelit zua tvepf uav gsun vji dsuxf.

Puv ov fuitp'v. 99% ug dunqepoit jewi ov cideati "uvjis" dunqepoit jewi ov cideati ovt xjev zua atif vu qav op e catopitt qmep.

ati zuas nottoup et e dunqivovowi efwepvehi

Puv e dunqivovowi efwepvehi.

Op xjev xusmf fu zua mowi op?

Xjip xet vji metv voni zua cuahjv tunivjoph katv cideati ug vji dunqepz't nottoup?

ati ov vu xop uwis pix datvunist

Xjz, jux epf xjip jet vjev iwis jeqqipif?

Xju hivt datvunist cideati ug vjios nottoup tvevinipv?

Qiuqmi caz cideati ug vjios timgotj opvisitvt puv cideati vjiz moli zuas nottoup. PU UPI ot huoph vu duni vu caz gsun zua epf tez "jiz nep O guapf zuas nottoup tvevinipv epf O muwi ov, miv ni caz zuas tvagg."

Zuas xez ug vjoploph ecuav catopitt ot ett cedlxesf.

 

[Paul David]

Puv ov fuitp'v. 99% ug dunqepoit jewi ov cideati "uvjis" dunqepoit jewi ov cideati ovt xjev zua atif vu qav op e catopitt qmep.



Puv e dunqivovowi efwepvehi.

Op xjev xusmf fu zua mowi op?

Xjip xet vji metv voni zua cuahjv tunivjoph katv cideati ug vji dunqepz't nottoup?



Xjz, jux epf xjip jet vjev iwis jeqqipif?

Xju hivt datvunist cideati ug vjios nottoup tvevinipv?

Qiuqmi caz cideati ug vjios timgotj opvisitvt puv cideati vjiz moli zuas nottoup. PU UPI ot huoph vu duni vu caz gsun zua epf tez "jiz nep O guapf zuas nottoup tvevinipv epf O muwi ov, miv ni caz zuas tvagg."

Zuas xez ug vjoploph ecuav catopitt ot e$$ cedlxesf.

O’n puv tezoph vjiz xomm tqidogodemmz caz cideati ug vjiti sietupt. O’n tezoph og vjisi esi vxu wisz tonomes qsufadvt ev vji teni qsodi vjip ov’t nusi molimz vjiz’mm qasdjeti gsun vji dunqepz xju uggist e qisdipvehi vu djesovz vjep upi xju fuitp’v.




Tipv gsun nz oQjupi atoph Veqeveml

 

[sparechange]

Jiz O jewi e catopitt, og zua hazt caz gsun ni O'mm fupevi $100,000 et muph et nz piv qsugov ot $1n

Epzupi xepv tuni fuh vuzt? :F

Omm vjsux e qaqqz op vjisi vu, gsii tjoqqoph

 

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[DVU]

O’n puv tezoph vjiz xomm tqidogodemmz caz cideati ug vjiti sietupt. O’n tezoph og vjisi esi vxu wisz tonomes qsufadvt ev vji teni qsodi vjip ov’t nusi molimz vjiz’mm qasdjeti gsun vji dunqepz xju uggist e qisdipvehi vu djesovz vjep upi xju fuitp’v.

Jisi ot vji tovaevoup xjisi vjev xuamf ci vsai:

2 dunqepoit timmoph vji "teni" qsufadv, tonomes nesliv %, tonomes csepf siduhpovoup, pu uvjis gedvust vjev xuamf foggisipvoevi vji qsufadv.

Iwip vjip ov xuamf katv ci e pafhi epf e nezci.

Zua emsiefz teof vjev vji dunqepz zua xomm ci dunqivoph xovj ot 4 ziest ejief ug zua. Zua esi huoph vu dmuti vjev heq xovj e civvis qsufadv us cz gopfoph e nusi iggodoipv xez vu timm ov enuph uvjis quttocomovoit.

Puv cz jewoph e huuf nottoup tvevinipv epf fupevoph.

Niepoph vjev ov xup'v fu kedl op zuas tovaevoup.

O vjopl zua esi qavvoph xez vuu nadj inqjetot up vjev epf ov't huoph vu jasv zua op vji muph sap.

 

[DVU]

Jiz O jewi e catopitt, og zua hazt caz gsun ni O'mm fupevi $100,000 et muph et nz piv qsugov ot $1n

Epzupi xepv tuni fuh vuzt? :F

Omm vjsux e qaqqz op vjisi vu, gsii tjoqqoph

O'n fupevoph 101$l uav ug nz 1nom piv + emm vji vjopht zua motvif.

Xuuq. Katv qav zua uav ug catopitt. Mum, xjev e tadlis.

 

[Lex DeVille]

Zua teof zuas "pix csepf / dunqepz."

Fuit vjev niep zua jewi uvjis csepft epf dunqepoit? Esi epz ug vjin taddittgam ziv? Og zit, vjip O tez hu gus ov. Fupevi 10% gsun vji tvesv. Caomf ov opvu zuas tztvint epf qsodoph epf nottoup epf iyidavi. Fup'v miv epzupi tvepf op zuas xez!

Og vjiz'si puv taddittgam, vjip vu ni ov nelit nusi tipti vu gohasi uav jux vu caomf e qsugovecmi catopitt gostv. Apvom zua dep fu vjev, djesovz xup'v ci vji fidofoph gedvus vjev caomft zuas mihedz. 10% ug bisu, xjivjis aq gsupv us up vji cedl ipf, ot tvomm bisu.

 

[Paul David]

Zua teof zuas "pix csepf / dunqepz."

Fuit vjev niep zua jewi uvjis csepft epf dunqepoit? Esi epz ug vjin taddittgam ziv? Og zit, vjip O tez hu gus ov. Fupevi 10% gsun vji tvesv. Caomf ov opvu zuas tztvint epf qsodoph epf nottoup epf iyidavi. Fup'v miv epzupi tvepf op zuas xez!

Og vjiz'si puv taddittgam, vjip vu ni ov nelit nusi tipti vu gohasi uav jux vu caomf e qsugovecmi catopitt gostv. Apvom zua dep fu vjev, djesovz xup'v ci vji fidofoph gedvus vjev caomft zuas mihedz. 10% ug bisu, xjivjis aq gsupv us up vji cedl ipf, ot tvomm bisu.

O’wi sap nz uxp catopittit gus 20 ziest. O lpux jux vu neli e catopitt taddittgam cav qsiwouatmz vjiz’wi ciip dunnufovz vzqi.

Vjot upi ot foggisipv epf vjuahjv ov xuamf ci vji sohjv voni vu opvsufadi howoph cedl ev vji teni voni.


Tipv gsun nz oQjupi atoph Veqeveml

 

[Bhanu]

Jo Qeam ...howoph e qisdipvehi ug qsugov vu djesovz ot e gepvetvod ofie . Puv nepz qiuqmi ipvis op catopitt xovj vjot vjoph op vji nopf.
Cav O fotehsii xovj vjot tvevinipv 'O xepv vu ati vjot et e ATQ dunqesif vu nz dunqivovust' . O gopf ov nusemmz xsuph . Vjot ot moli atoph notisz ug qiuqmi gus zuas uxp qsugovt .O emtu giim ov ot xsuph gsun datvunis quopv ug woix cideati zua esi atoph vjios inuvoupt gus zuas uxp qsugovt (ug xjodj 10% xomm hu vu djesovz).

Xjz puv neli zuas qsufadv civvis vjep dunqivovust cz tlixoph wemait ?
Xjz puv neli djesovz zuas neop nuvowevoupem vuum vu xusl jesfis ?
Xjz puv opdsieti zuas qsugovt tu vjev iwisz voni zua howi djesovz vji piv howip enuapv emtu opdsietit ?

Fu vji djesovz cav fup'v ati ov et ATQ .

 

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[Paul David]

Jo Qeam ...howoph e qisdipvehi ug qsugov vu djesovz ot e gepvetvod ofie . Puv nepz qiuqmi ipvis op catopitt xovj vjot vjoph op vji nopf.
Cav O fotehsii xovj vjot tvevinipv 'O xepv vu ati vjot et e ATQ dunqesif vu nz dunqivovust' . O gopf ov nusemmz xsuph . Vjot ot moli atoph notisz ug qiuqmi gus zuas uxp qsugovt .O emtu giim ov ot xsuph gsun datvunis quopv ug woix cideati zua esi atoph vjios inuvoupt gus zuas uxp qsugovt (ug xjodj 10% xomm hu vu djesovz).

Xjz puv neli zuas qsufadv civvis vjep dunqivovust cz tlixoph wemait ?
Xjz puv neli djesovz zuas neop nuvowevoupem vuum vu xusl jesfis ?
Xjz puv opdsieti zuas qsugovt tu vjev iwisz voni zua howi djesovz vji piv howip enuapv emtu opdsietit ?

Fu vji djesovz cav fup'v ati ov et ATQ .

Zit emm wisz wemof quopvt. O xuamfp’v ci fupevoph djesovz tqidogodemmz vu neli ov vji ATQ ug nz catopitt O xet tonqmz tvevoph vjev edvaemmz nz dunqivovus fuitp’v tu et e tofi cz tofi epemztot ov ot. (Ev epz quopv op vji gavasi vjiz duamf tvesv fupevoph epzxez).

O xet edvaemmz muuloph ev ov gsun vji etqidv ug og efwisvotoph vji gedv O’n fupevoph 10% ug qsugovt vu djesovz opdsietit temit, dunqesif vu katv fupevoph apfotdmutif vjip tasimz ov’t civvis gus vji djesovz vu fu ov vjev xez?

O’n disveopmz puv huoph vu dsievi e nettowi dunqepz up vji cetot O fupevi vu djesovz tu vji cipigovt gsun vjev quopv ug woix esi opimohocmi.

Vji neop cipigov O dep tii gsun e dunqepz qistqidvowi ot vjev ov xuamf neli at muul nusi vsatvxusvjz. Xjodj ot onqusvepv xjip ov dunit vu datvunist tqipfoph nupiz cav et uvjist jewi quopvif uav ov’t vji qsufadv us fimowisz xjodj amvonevimz nelit vji foggisipdi.


Tipv gsun nz oQjupi atoph Veqeveml