Copyright 2013. Steadman & Associates Business Strategy, Inc. All rights reserved.


Steadman & Associates Business Strategy, Inc. | 3020 Prosperity Church Road, #161 | Charlotte, NC 28269 | (980) 205-4814

Your ability to help others can be increased by defining and focusing on these four concepts...

What is the difference between nonprofit and for profit organizations?

"The difference between the words "surplus" and "profit." Without an adequate supply of money, nonprofits cannot readily survive funding lapses, unforeseen events, or service expansion. In today's nonprofit world, more than ever, there needs to be a clear understanding of the concept:


The ability of a business to fulfill its mission is directly related to value. While the mission may differ from for profits, in a competitive marketplace, the viability and sustainability of nonprofits depends on one thing; the creation and maintenance of value.

Unfortunately, this reality escapes many in the nonprofit community."

- Kenneth Steadman, Founder and CEO,

Steadman & Associates

Business Strategy, Inc. 

"Why is the world's richest man, Warren Buffet, committing more than $30 billion of his personal fortune to the philanthropic foundation of the world's second richest man, Bill Gates?
The reason Buffet committed—nay, will invest—more than $30 billion to the Bill and Melinda Gates Foundation over the coming years is because the Gateses are not running a nonprofit charity
.They're managing a transparent, evidence-based, philanthropic organization that understands the value of operating in a businesslike manner.
As a result, over the years the Gates Foundation has earned a solid brand reputation for achieving and reporting results, which Buffet respects, values—and wants his philanthropic legacy to be a part of! Yet this concept still eludes many nonprofits"

- Larry Checco,

About Money

"We help nonprofits help others."

Vi-sion: [vizh'n]

the ability to see where you are and where you want to be.

  • Do you know where your nonprofit stands within the marketplace?
  • Is it where you want it to be?
  • Do you know how to get your nonprofit there

Val-ue: [vall yoo]

the perceived difference between benefit received and cost expended

  • Do you understand the "mental" dollar amount your clients, funders, and donors  place on your nonprofit's benefits?

  • Why should the public use your product or service rather than the myriad of choices available today?

Com-pe-ten-cy: [kom-pi-tuhn-see]

focusing your efforts on what you do best.

  • How well do you meet the needs of your stakeholders?
  • Is your focus on your core competencies?

Com-pe-ti-tion: [kompe tish'n]

doing a better job at meeting your client's need than the 


  • How well do you know the market in which you nonprofit competes?
  • What are the alternatives to the services your nonprofit profvides?

Finding the answers may be the difference between mission fulfillment, mediocrity, or failure.