About Revenue Share: Difference between revisions
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=OSE History= | =OSE History= | ||
OSE is a nonprofit 501(c)3 organization that relies on programmatic revenue for funding. As the core of our funding policy, we promote programmatic revenue from education programs and machine sales. As we teach people how to build machines, we also generate revenue from machine sales. | OSE is a nonprofit 501(c)3 organization that relies on programmatic revenue for funding. As the core of our funding policy, we promote programmatic revenue from education programs and machine sales. As we teach people how to build machines, we also generate revenue from machine sales. Historically, some participants have asked about profit sharing, and misconceptions arise as people are not familiar with OSE's operations and funding. There are several aspects to this explanation. A savvy entrepreneur understands that a sustainable business must bring in more money than it spends. However - this point is very confusing to those unfamiliar with business - and it's even not clear to established entepreneurs. For example, as of this writing, this point is not clear even to a company like Uber, which as of today (May 2021) has yet to bring in more money than it spends. This page aims to clarify the issue of OSE's nonprofit operation, and the related concept of 'profit sharing'. | ||
The first thing to point out is that an enterprise has operating costs. | |||
Revision as of 20:48, 25 May 2021
OSE History
OSE is a nonprofit 501(c)3 organization that relies on programmatic revenue for funding. As the core of our funding policy, we promote programmatic revenue from education programs and machine sales. As we teach people how to build machines, we also generate revenue from machine sales. Historically, some participants have asked about profit sharing, and misconceptions arise as people are not familiar with OSE's operations and funding. There are several aspects to this explanation. A savvy entrepreneur understands that a sustainable business must bring in more money than it spends. However - this point is very confusing to those unfamiliar with business - and it's even not clear to established entepreneurs. For example, as of this writing, this point is not clear even to a company like Uber, which as of today (May 2021) has yet to bring in more money than it spends. This page aims to clarify the issue of OSE's nonprofit operation, and the related concept of 'profit sharing'.
The first thing to point out is that an enterprise has operating costs.