Ember believes that missionaries of the future will rely on a 'portfolio of revenue.' [credit for this term goes to Ben Arment.] In other words, they will need to actually make some money outside of personal donations. Since 2013, our summer teams have been required to dream and execute a Creative Revenue Plan - a way to make some income based on their talents and gifts. This unique income will go directly towards 10-25% of funding of their missions experience. Prayer and financial support letters are also required.Creative revenue has proven to be one of the most exciting things happening with our teams every summer. Their required inception makes students imagine what using their skills look like. The execution of the plans requires dealing with customers, communicating both about the product/service and the why behind it, and experimenting with pricing and costs. And over the course of 3 months, students get to see incremental progress that amounts to a pretty significant financial bonus. Since 2013, this creative revenue has totaled to be just over $20K, averaging about $4K every summer.
Photo: One of the team's offerings this year, bath bombs.
No comments:
Post a Comment