Posts by Saba Gul
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Tuesday
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June 4
2013The Profit vs. Nonprofit Tug of War: From investors to employees, why my social business did a 180
After operating as a non-profit for a year and a half, I decided to flip BLISS to a for-profit. As a nonprofit, we were attracting the wrong people and the wrong money. This is something I had feared, but when it started coming true, it hurt our progress more than I could have imagined. I learned this the hard way, but having a purpose other than profit, such as creating social impact, is not sufficient reason to be a non-profit.
- Categories
- Entrepreneurship
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Friday
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December 28
2012The Best of 2012: Hiring For My Startup : 4 Things I Wish I Had Done
At my startup, BLISS, we create economic opportunities for marginalized women, while producing exquisitely embroidered, high fashion handbags for global markets. In the last four months, I’ve hired two people, fired one, read around a hundred resumes, interviewed at least a few dozen, and read all the conventional wisdom I could find on the Internet and in print on hiring for startups.
Here are the four things I wish someone had told me a year ago.- Categories
- Education, Entrepreneurship