Karim Abouelnaga is the founder of Practice Makes Perfect, a benefit corporation that works to narrow the achievement gap for low-income public schools.
About Karim Abouelnaga
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Start your self-reflection process by asking yourself three questions.
Be prepared for the switch to take up a lot of your time and energy.
It is very easy to go from a for-profit to a nonprofit. Going the other way is not.
Are you ready to make the transition?
One of the toughest balances to achieve within an organization is between building a culture that gives people space while maintaining an environment of accountability.
By adapting these mindsets, founders can help scale their business into a successful venture.
Running a lean company in the beginning may require some corners to be cut.
Knowing that the biggest and most important decision you can make is hiring the right people means that all CEOs should be prioritizing their time to make the right hires.
Starting a business requires thoughtful reflection. The more time you put up front into evaluating an opportunity, the greater your odds of success will be.
Starting a business is tough. Starting a business while in a relationship is ever harder.
Before you jump head first into the world of nonprofits, make sure you are ready and that type of structure fits into your overall mission
As an entrepreneur, there will be times when you have a few options for the next step but don't know which choice you should make.