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The Link Between Competition and a Scarcity Mindset
Competition is at the heart of every grant application, and a scarcity mindset can come from a position of competition. Many nonprofits work on a very limited budget, so the struggle with a scarcity mindset is common. After all, you wouldn’t be applying for grants if you already had the money, right?
Nonprofits applying for the same grant are likely providing parallel services to a similar demographic, so the unfortunate reality is that organizations fighting for the same cause are competing with one another for funds and therefore, feeding the sector-wide scarcity mindset.
In today’s podcast, retired Army Colonel Dr. Vincent Lindenmeyer helps us think creatively to work collaboratively with otherwise competing organizations so both teams can overcome the scarcity mindset and get more done.
What Collaboration and Grant Funding Look Like Together
During his 26 years in the US Army, Vince specialized in engineering, logistics management, and strategic studies, so he knows what creative collaboration looks like. He now applies his knowledge and experience to the nonprofit sector. As principal of Beacon 4sight Group, Vince helps women, veterans, minorities, persons with disabilities, and the formerly incarcerated start nonprofits and businesses to create economic growth for equality and justice.
Many of Vince’s clients begin with little more than a dream, but he helps them get their nonprofit started in 90 days. He knows the power of creative collaboration to overcome scarcity. Like-minded organizations need to share resources, time, and talent to create in-kind partnerships based on trading complimentary skills and backgrounds.
7 Empowering Benefits of Working Collaboratively
Wonderful things can happen when organizations work together:
If we truly want to make things better and improve our mission, then we have to cooperate. It's not about us. It's not about the scarcity. It's so much more.
We have to work together. We have to ask ourselves how we can give back to the community and improve each other’s mission, whether or not it comes back directly to us.
To read today's full episode: 7 Reasons Working Collaboratively Helps Your Team Get More Done
To watch and share my TEDx Talk, The Real ROI of Grant Writing.
Challenge Question:
Where do you see a scarcity in your no
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