The new million dollar question - revisited
Throughout the ages, especially with the rise of capitalism (I would argue), the million dollar question is something along the lines of…How will it take off? How will it grow? How will it make money?
We’ve seen in recent years the rapid rise of start-up firms going from being run from a bedroom to being among the world’s most expensive companies, with Windows being an early example. We’ve seen start-ups take on an almost previously-monopolised industry and nearly turned the tables so much that it has almost wiped out the original monopolist. Uber taking huge business from the traditional black cabs in some areas, for example. We’ve seen start-ups grow from nothing to become the worlds’ most connected platforms, outgrowing even the highest-funded telecommunication companies, like Facebook has done against say Vodafone.
In my optimistic personal view, I think we’re on the verge of seeing the next wave of organisations, but instead of looking purely at user numbers and profits, some are focusing as much on social benefits. Rather than relying on just charities and government organisations to provide social benefit, we’re seeing a rise in ‘for-purpose’ organisations where the social benefit is really considered.
Thankfully, then, organisations that put people, animals and the environment before profits are seeing some success – I expect this to continue at a greater scale, and we at nelfie.org would love to be a part of this great wave.
So, rather than ‘How will it make money’, we’re now also asking…
How will it benefit the world?
Tom
Twitter: @nelfiedotorg
P.S I have a personal request here to you as the reader. We talk about our ambitions here at nelfie.org a lot and we’re always considering ways of trying to realise them. I’d really love to hear from you personally about what your big dreams and ambitions are. What is it about this world you love, and what would you like to see change?















