Take the ideological (and incorrect) definition of not-for-profit vs for-profit companies. The for-profit company is supposed to be willing to utilize any sort of money-making opportunity to improve their bottom line which is supposed to be their goal. The not-for-profit company is supposed to sidestep opportunities that do not necessarily align with their mission, resulting in less profit but greater integrity, as maintaining their mission is supposed to be their goal. If this were the case, not-for-profit business would invariably end up with substantially less funding than comparable for-profit businesses. As a consequence of this, it would be fiscally impossible for them provide the same sort of compensation.
This is of course fallacious. But the reason for this is that not-for-profit and for-profit companies operate in mostly the same way. This is something that most people do not understand. This is precisely what I was aiming to point out to the person who initially said 'why would you ever contribute your time for free to a for-profit?' It's an intuitive, but incorrect understanding of the differences between the sort of a companies.
This is of course fallacious. But the reason for this is that not-for-profit and for-profit companies operate in mostly the same way. This is something that most people do not understand. This is precisely what I was aiming to point out to the person who initially said 'why would you ever contribute your time for free to a for-profit?' It's an intuitive, but incorrect understanding of the differences between the sort of a companies.
reply