Thursday, May 26, 2011

I Wanna be a Philanthropist or Venture Capitalist

This really should just be a Facebook post but Facebook makes me neglect my blog so this is just evening things out.

i think I'd be good at figuring out who to give significant portions of money to, but I don't know how to train for such a career.  And I lack the essential large pile of money.  I have fun with my itty bitty pile at the end of the year enough to be harrassed by the recipents the rest of the year, but it's just not the same.

I think I should practice saying No as that's an essential VC skill.  We have and depend on caller ID to ignore the robot callers, but if I would just pick up the phone and politely say to the poor minimum wage slave that is answering the rare call pickups that "I'm sorry, we don't accept sales calls." and "Our donation program period is at the end of the year, and no it doesn't matter what your agenda or campaign is."  (The obvious exceptions would be around election time but we'll skip that.)

It takes effort to give money, and surprisingly little effort to say no.  It's completely maddening that charities will turn right around the second you give them money and ask for more.  It's hard not to take it personally, but they are operating on their own schedules and you have to realize that you don't have to dance to the same beat.

But back to my silly ambition.  It would be really cool to be in a position to really make a difference by investing $$$ in new research or new infrastructure, or just keep my favorite artists collective afloat.


Anonymous said...

Hi Ellen,

Check out Melissa's current post:

Elf said...

I'd like to do the same thing, but I think I'd have to go for existing organizations as I'm not sure I'd recognize a good entrepreneurial opportinity if it hit me in the face.