Following this http://www.joeterranova.net/2007/09/09/loco-teams-dont-need-money/ here are my thoughts on how we manage.
We haven’t met with a great need as such for raising money for managing activities of ours.
Whenever we needed them, it has come so far.. thanks to the activities that we did.. and it has paid us..
We launched the CD distribution through post scheme with me putting my pocket initially and those who benefited out of it came forward to share later.. and we have a joint bank acount to maintain it..
remember we din’t have thoughts of opening an account initially.. our activites made people to come forward to contribute.. then we started this account to manage the fund raised..
Though the balance there is pretty low.. its sufficient till now.. we do not want to dedicate our focus on money.. but on work.. and we believe money if at all needed will come automatically… 🙂
our activities paid us.. so far so good.. focus on activities.. and if at all something is needed, we believe, it will come.. if that which comes if gonna be huge.. then some time is really needed to manage them… but not now.. AT this moment…