Scaling Up Business Podcast

Gil Bonwitt is the CEO of Gazelles Social Initiatives. It is projected that Gazelles Social Initiative will impact over 500 social sector organizations by the year 2020, through the use of best practices from the Scaling Up book. Gil and I will be discussing the various ways you can scale up in the social sector, on this week’s episode. Let’s begin this topic by talking about cash flow in the social sectors. As many of these social companies are not for-profit companies, money is often not their main focus. Since social companies are so mission-based, they often forget the importance of cash flow. The way social sectors increase their cash flow is very different compared to a for-profit organization. When social companies begin to scale up, that’s when they begin to see the constraints of their insufficient cash flow. By this point, it is often too late to make enough capital for their mission and their operations start to break. Gil and his team try to remind social entrepreneurs that it’s really about cash