Ep 174 Profit First for Non Profits with Michael Miro

Michael Miro, the founder and principal operator of Shorepath Consulting, is a seasoned consultant with expertise in strategic planning, board development, and creative problem-solving. He has a passion for helping nonprofits, associations, and businesses tackle their challenges through innovative solutions. With a background in the nonprofit and local government sectors, as well as experience with startups and small businesses, Michael brings a diverse perspective to his work. He excels in building strong relationships with clients, actively listening, and providing strategic oversight to align with their visions.

Michael’s consulting engagements span various industries, and he holds a master’s degree in the Social Sciences and a certificate in Nonprofit Management. Additionally, he serves as board president for two organizations and has contributed to local committees focused on housing and community development.

 

In this episode, you will learn the following:

  • Balancing Programmatic Work and Organizational Development. It is crucial for nonprofits to stay focused on their goals and resist the temptation of pursuing funding opportunities that don’t align with their mission.
  • Strategic Spending and Financial Reserves. It is important to consider the cost of fundraising and allocate funds appropriately.
  • Building Relationships with Donors: Nonprofits should prioritize effectively communicating their accomplishments, ongoing work, and future vision to inspire donors.
  • Investing and Taking Calculated Risks. Taking strategic risks can lead to remarkable achievements and advancements for nonprofits.

 

Links:

http://www.shorepathconsulting.com

Twitter: @ShorepathGrp

 

Sign up to be notified when the next cohort of the Profit First Experience Course is available!

Profit First Toolkit: https://lp.profitcomesfirst.com/landing-page-page 

Relay Bank (affiliate link): https://relayfi.com/?referralcode=profitcomesfirst

Profit Answer Man Facebook group: https://www.facebook.com/groups/profitanswerman/

My podcast about living a richer more meaningful life: http://richersoul.com/

Music provided by Junan from Junan Podcast

Any financial advice is for educational purposes only and you should consult with an expert for your specific needs.

#profitfirst