Matt talks to Mark Waterson, the well-dressed CEO of the Convalescent Aid Society, a Pasadena nonprofit that loans free, durable medical equipment. The guys discuss what it takes to be a nonprofit executive, what brings them joy at work in 2020, and whether or not Mark is a Speedo guy.
I'm in your office, I want to be an executive director, tell me, what are the steps I should take?
Being a nonprofit executive requires a very, very broad band of expertise. You have to understand budgeting and finance. You have to have an operational bent. You have to be a storyteller--Unless you're at a much larger organization than mine, okay?--But if you're at a small-to-midsize non-profit, you have to know something about everything, really.
So, HR. Okay, I mentioned earlier, just like a for-profit business, we're under all the same regulations that Amazon is, in a sense. We've got to pay our people the appropriate wage, we got to make sure they take breaks at a certain time. We had to go through sexual harassment prevention training because that's the law in California.
Listen, you got to tell your wife about that. Just FYI, you got to tell your wife about that sexual harassment.
Yeah. Now, have you all done that?
Is it Ashley's fault or not, is the question.
... Listen, I'm not here to talk about how we run our company, because nobody needs to know what we do on a daily basis…
Anyway, my advice, I guess, is learn as much as you can about as many things as possible.
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