Bob Oldfather doesn't run a nonprofit. But he says the lessons he has learned about sticking to a mission, even as the business he founded has grown, may help many nonprofits.
Mr. Oldfather had no intention of selling books when he was growing up. But when he turned 25, he purchased his fathers's tiny used bookstore for a dollar.
Now Bookmans Entertainment Exchange has expanded to six stores and 300 employees.
Mr. Oldfather attributes his success to the way he manages his business. His employees, for example, are never under pressure to sell, and some stay on the job for decades.
And he has not strayed from his small company's mission. Mr. Oldfather says it is possible to retain startup values, even as your operation grows.
In this month's edition of Making Change, Mr. Oldfather discusses how he has built his business—and offers advice to nonprofit leaders who want to create strong communities.