When I first put my mind on setting up an organisation, I had no clear idea on what type of entity it would be. However, what I did have was a very clear idea of the foundation on which it would be built – principals, ethics and objectives set to improve people’s lives in all areas.
Setting up the organization as a Non – Governmental Organization (NGO) was the best way. An NGO has no ownership, decision-making is shared and all accumulated assets are managed by its members and stakeholders. If, at any time, the organization ceases to exist, all its assets would be transferred to a similar cause rather than quantified and distributed to its members. I like this idea. I like that all the work put in by everyone is for the benefit of all the stakeholders and society, rather than for the benefit of an individual. The basis of all the work done needed not be on the self, but rather on altruism.