the startups.com platform about startups.comCheck out the new Startups.com - A Comprehensive Startup University
Education
Planning
Mentors
Funding
Customers
Assistants
Clarity
Categories
Business
Sales & Marketing
Funding
Product & Design
Technology
Skills & Management
Industries
Other
Business
Career Advice
Branding
Financial Consulting
Customer Engagement
Strategy
Sectors
Getting Started
Human Resources
Business Development
Legal
Other
Sales & Marketing
Social Media Marketing
Search Engine Optimization
Public Relations
Branding
Publishing
Inbound Marketing
Email Marketing
Copywriting
Growth Strategy
Search Engine Marketing
Sales & Lead Generation
Advertising
Other
Funding
Crowdfunding
Kickstarter
Venture Capital
Finance
Bootstrapping
Nonprofit
Other
Product & Design
Identity
User Experience
Lean Startup
Product Management
Metrics & Analytics
Other
Technology
WordPress
Software Development
Mobile
Ruby
CRM
Innovation
Cloud
Other
Skills & Management
Productivity
Entrepreneurship
Public Speaking
Leadership
Coaching
Other
Industries
SaaS
E-commerce
Education
Real Estate
Restaurant & Retail
Marketplaces
Nonprofit
Other
Dashboard
Browse Search
Answers
Calls
Inbox
Sign Up Log In

Loading...

Share Answer

Menu
Business Strategy: I have an idea for a business that has a philanthropic angle as its main appeal. Any tips on managing the fact the co will still be making a profit?
JP
JP
Joseph Peterson, Names, Domains, Sentences and Strategies answered:

Actually, projects that merge profit and social consciousness are extremely trendy right now. Beyond fashion, such projects are rationally what the world ought to be up to, right? No philanthropy is possible without profit somewhere else first.

So I don't think the mixture of "giving back" and profit would be a turn-off for customers. On the contrary. Own it! Be transparent! Brag about it! Make this mixture of sustainable profit and do-gooder social motives a principal selling point. Put it center stage!

When your messaging highlights this mixed approach, nobody can accuse you of hypocrisy or hidden agendas. You preempt those "gotcha" stories. That's how you handle PR.

Then, as long as there is no perceived exploitation of the people you're supposed to be helping, you can be pretty secure in your own skin. Rest easy. Concentrate on the task at hand.

If you'd like help crafting the message, talk to me.

Talk to Joseph Upvote • Share
•••
Share Report

Answer URL

Share Question

  • Share on Twitter
  • Share on LinkedIn
  • Share on Facebook
  • Share on Google+
  • Share by email
About
  • How it Works
  • Success Stories
Experts
  • Become an Expert
  • Find an Expert
Answers
  • Ask a Question
  • Recent Answers
Support
  • Help
  • Terms of Service
Follow

the startups.com platform

Startups Education
Startup Planning
Access Mentors
Secure Funding
Reach Customers
Virtual Assistants

Copyright © 2025 Startups.com. All rights reserved.