Interning at MoGo this summer, over the last 3 weeks has been one of the enriching experiences as I have got a hands-on insight into the ins and outs of working for a non-profit. My cumulative experience over the last month or so has shown me three primary characteristics about nonprofits that surprised and simultaneously enticed me.
Firstly, there are more than 1.5 million non profit organizations and they account for 9.2% of salaries in the U.S. The non-profit ecosystem is viewed as a microcosm of growing businesses in the world, however receiving this preliminary understanding of the magnitude and impact of the non-profit sector was eye-opening. It made me realize that the coming, younger generation is becoming increasingly motivated to start from scratch, help those around them and create an amalgamation of lucrative markets and industries, as well as social impact.
Secondly, when people hear “non-profit,” many will associate it with “less money.” While this may be true for some, the pay-gap between non profit jobs and for profit jobs is steadily decreasing with time. This showed me, working at a non-profit isn’t out of necessity but rather a choice. All my managers, particularly Jacob, showed me that working at MoGo was a passion rather than merely a means to a profitable end. His hard work, eye-to-detail, determination and compassion was truly enticing. On the other hand, a scintillating conversation with Jeremy showed me that people working in the non profit sector aren’t doing so to get rich. They are doing it because they genuinely care about the work they and the organization do. Heading the niche of MoGo – the social media, his pure passion shown through. Ultimately, what nonprofits lack in funds, they make up for in character:
Finally, I was exposed to an alternative world to Wall Street. A world free of the cut throat, competitive, and backstabbing professional life. Working at non-profits, atleast at Mogo is more focused on personal attention: In the corporate world, it’s almost unheard of for the employees low on the totem pole to speak to or even meet the top dogs. At Mogo, however, whether its interns like Kushal and I, or Ambassadors like Jeremy’s brother, everyone works closely as one, united team, with the CEO, COO, managers and interns, It is this collaborative environment of a nonprofit, which operates entirely as a corporate business, that sets it apart from any other ordinary job, and what I was surprised, enticed and inspired by all together.