Monday, September 10, 2012

Opensourced project during tough economic times?

Everyone agrees that the open source project is such a good one and noble intention of providing the free software that everybody can use. Linux, Mozilla, and even the Wikipedia are open source and runs thru the donations. What happens when the time is tough? This is also a common problem on charitable organizations (like World Villages for Children). How will they survive during those time?

When times are good, the donation pours, because almost every person has something to spare. But inversely when the time is tough and when it is mostly needed too. So how can we solve this dilemma?

One thing for sure is to save for the rainy days. Put some aside for the rainy days. If the donations are at surplus during the good times, save some for the tough times. These are the old wisdom that is barely practiced now because of the accounting and the expansion of the projects that is necessary. How can you balance the expansion and the ‘saving for the rainy day’?

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