Happy Father's Day 20 16

27 words, my new Elevator Speech

David is the Generator at My Power Station. He is a content generator, generating ideas and questions to help the people he mentors achieve their incipient greatness.



Notes:

Sir Humphry Davy, when asked to give a list of his discoveries, carefully traced the history of those successive researches which made him the first chemist of his day, and then significantly added: "But the master discovery of my life was the discovery of Michael Faraday!" He found him the untaught son of a smith, taking notes of his lectures, and yearning to study science. He took him into his laboratory, and there discovered that he had in his humble assistant one who would some day rival, if not eclipse, his master. Blessed work of discovering men.


(Arthur J. Pierson, D. D.)

Charities need paid, full-time, staff

In 1992 I wrote a report called "Financial and Administrative Needs in the Charities Sector (in the UK) and Charities' Perceptions of their advisers". The top Fund Raising Charities in the UK have paid staff running the organisations with volunteers as well. The struggling charities typically had owner-capital, ie the people doing the work were actually funding the charity themselves, with time and money.

Note that the paid staff in the top 400 charities in the UK earned the same as they would have in the private sector. You can understand why. In a charity like Oxfam with a voluntary income of £45 million and a total income of £62 million and net assets of £28 million, in 1992, one can understand the need for paid, full-time, management.

In 2016, Stanford University discovered the same thing. The Stanford University research is important because it reaffirms the need for charities to understand that they can be run by paid staff and also that funders are aware that this is a must for the charity to have long lasting impact.