Purpose or Profit? Choosing the Right Path for Your Venture

In this eye-opening breakout session, Chelsea Mandello, the founder of Troopster, draws from her unique experience of running a for-profit, later turned nonprofit, entity to help entrepreneurs make one of the most crucial decisions they'll face: whether to structure their venture as a for-profit or nonprofit. Mandello guides attendees through a comprehensive analysis of the key factors to consider, including mission alignment, funding opportunities, tax implications, partnership potential, and public perception. Through a blend of personal anecdotes, case studies, and practical exercises, participants will gain a deep understanding of the pros and cons of each path and learn how to assess their venture's goals and values to determine the best fit. Whether you're a startup founder, a seasoned entrepreneur, or a social impact leader, this session will provide you with the clarity and confidence to choose the right structure for your organization and maximize your impact in the world.