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How to Use Money to Support Your Mission – Not Just Your Business

jstolnis9
Sep 1
5 min read

When I founded Eaglet, I knew exactly whom I wanted to serve.


I could have taken a different path in my career, but I chose to work with small businesses because I genuinely enjoy supporting entrepreneurs. There is something deeply rewarding about getting to know a business from the inside, helping its owner think through an important decision, and watching that decision contribute to real growth.


That intention is also where the name Eaglet came from. An eaglet is a young eagle that has not yet reached maturity. To me, it represents an early-stage business: full of potential, but still in a vulnerable period when the right guidance and resources can make an enormous difference.


Over time, however, I realized that advising entrepreneurs was only one way I wanted to support them. If helping small businesses – especially women-owned businesses – was truly part of my mission, I also wanted to put financial resources behind that belief.


Not Every Entrepreneur Starts From the Same Place


Building my own firm gave me a much clearer view of both the risks and the privileges involved in starting a business.


Eaglet’s startup costs were relatively modest. I needed a laptop, strong IT security and encryption, insurance, and a few other essentials. Just as importantly, I had a financial safety net and health insurance through my husband. If the business had not succeeded, my family would have been okay.


I do not take that security for granted. Many entrepreneurs begin without it. Some are risking their savings or leaving a job that provides their family’s health insurance. Others are launching businesses that require significant capital for equipment, inventory, staff, or space before they can earn their first dollar.


Through my work, I have a front-row seat to what that looks like. I watch business owners take risks, wrestle with difficult choices, and make the most of limited resources. I also see what can happen when an entrepreneur gains access to the right support at the right time: a good idea becomes a viable business, a founder begins hiring, and a company that once felt fragile starts to build momentum.


Seeing that process made me want to do more than offer advice. I wanted to help create the financial opportunities that allow more women to build and grow.


Encouragement Matters – and Capital Matters, Too

Women business owners can find support through organizations such as NAWBO, along with networking events, panels, and mentorship programs. Those communities are valuable. They create connections, share knowledge, and remind founders that they do not have to navigate entrepreneurship alone.


But encouragement cannot remove every obstacle. Access to capital remains a significant challenge.


That is why participating in She Pitches Philly, a new women’s pitch competition – and helping fund it – was so meaningful to me. I wanted to cheer these entrepreneurs on, but I also wanted that encouragement to come with a tangible investment. A founder may need expertise, mentorship, and introductions, but she may also need actual dollars to market her business, develop a product, hire help, or create the infrastructure required for growth.


I have built a small business myself. I want other women to have the opportunity to do the same.


Your Mission Can Be Part of Your Financial Plan


Business owners are accustomed to thinking about money in terms of operations: payroll, software, rent, insurance, taxes, and the many other expenses involved in keeping a company running. Those obligations matter, and supporting a mission should never come at the expense of a financially sound business.


But that does not mean every available dollar must go directly toward an operating expense. With planning, a business can intentionally dedicate financial resources to the causes and communities it wants to help advance.


For Eaglet, supporting a pitch competition is one way to act on what we believe. The primary goal is to help women entrepreneurs. At the same time, the investment can create meaningful benefits for our business. It gives me insight into emerging companies and the challenges their founders are facing. It helps me identify new ways Eaglet can serve clients. It also introduces me to entrepreneurs who may eventually need accounting or fractional CFO support.


That does not make the mission secondary or the support transactional. It simply reflects a larger truth: a thoughtful, mission-aligned investment can create relationships, knowledge, and opportunities while doing genuine good.


Think Beyond the Immediate Return


Supporting entrepreneurs is a long-term investment. A founder in a pitch competition may not be ready to hire a fractional CFO today. But as her company grows, she may gain both the resources to seek financial guidance and a better understanding of the value that guidance can provide.


In the meantime, she is making decisions about how to use every dollar. Nearly every pitch competition participant will probably include marketing in her plans – and many will budget less for it than effective marketing actually requires. Visibility is important, but marketing can only do so much if the underlying business is not financially strong.


Before investing heavily in growth, an owner needs to understand the numbers behind that growth. What does it cost to acquire a customer? Which services or products are truly profitable? How much cash will the business need in the next three, six, or twelve months? Can the company afford to hire? What happens if revenue comes in later than expected?


That is why accounting and fractional CFO services should not be viewed simply as a cost. The right financial support helps an owner understand the business, make stronger decisions, and use limited resources where they can have the greatest impact. In other words, it can help the business make money – and avoid expensive mistakes.


Put Your Values in the Budget


If your company has a mission beyond the work it performs each day, consider whether that mission is reflected in your financial plan.


The answer will look different for every business. It might mean sponsoring an event, contributing to a grant or pitch competition, purchasing from businesses within the community you want to support, or setting aside a defined percentage of profits for a cause. The amount matters less than the intention and discipline behind it.


Start with a clear view of what your business can responsibly afford. Decide what kind of impact aligns most closely with your values. Then treat that commitment as part of your financial strategy – not as an afterthought.


For me, supporting women entrepreneurs is personal. I know what it means to start something new, and I know how much a strong foundation matters. I also know that talent and determination are not always enough when access to capital is missing.


I want to offer entrepreneurs my expertise. I want to encourage them. And whenever I responsibly can, I want to put money behind them, too.


Because the way we use our financial resources says something about the future we want to help build.

 
 
 

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