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The Power Of Purpose Blog

Resources, Trainings, Announcements, And More! 


The Paycheck Protection Program and Health Care Enhancement Act

announcement Apr 30, 2020
The Paycheck Protection Program and Health Care Enhancement Act is now in effect. More than $250 billion in additional unrestricted funds for the Paycheck Protection Program (PPP) through the Small Business Administration (SBA) is now available.

The SBA resumed accepting PPP loan applications from approved lenders on behalf of borrowers. The SBA has advised approved lenders to resume processing loan applications that were previously submitted by eligible borrowers as well as new applications and to resume disbursing funds.

  1. This new Act is the second round of relief that provides $484 billion in additional funding to replenish and supplement key programs under the CARES Act, including the Paycheck Protection Program (PPP), small business disaster loans and grants, hospitals and health care providers and testing.
  2. Paycheck Protection Program receives $321 billion in total funding, with $60 billion set aside for small, midsize, and community lenders...
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$2 Trillion Economic Relief Plan Signed Into Law

announcement Mar 30, 2020

The President has just signed into law the Coronavirus Aid, Relief, and Economic Security Act (CARES Act), a $2 trillion emergency economic stimulus plan that will go into effect immediately.

Here's What You Need To Know:

The approximate breakdown of the funding that is $560 billion for individuals, $500 billion for large corporations, $377 billion for small businesses, $340 billion for state and local governments, $153.5 billion for public health, and $26 billion for social safety net service providers.

The CARES Act amends the Small Business Act (SBA) to create a new Business Loan Program category. For the period from February 15, 2020 to June 30, 2020 (covered period), the law allows the Small Business Administration to provide 100% federally-backed loans up to a maximum amount to eligible businesses to help pay operational costs like payroll, rent, health benefits, insurance premiums, utilities, etc. Subject to certain conditions, loan amounts are forgivable.

  • Forgivable...
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Announcing The Second Annual Power Summit!

 We are so thrilled to announce The Second Annual Power Summit! This year The Power Summit will be held May 8th-10th in Las Vegas, NV! 

The Power Summit is unique. In fact, this event is about the new model of business and the future economy. This is the future — for both Nonprofit and For-profit companies whether they’re Fortune 500’s or start-ups. It’s the new model for monetizing Nonprofits and building profitable for-profit companies. It’s why so much of our business is built around the combination of Nonprofit and For-profit!

This event is for you if: 

  • You’re looking to launch a business and need to get on the FAST TRACK while searching for ways to monetize your purpose and vision

  • You’re a professional looking for methods and strategies to increase your income, expertise, and make a bigger impact

  • You’re an entrepreneur looking for creative strategies to grow your business (hint: it involves working with...
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Announcing The Power Of Purpose Funding Platform!

announcement Nov 09, 2019

The Power Of Purpose is pleased to announce the launch of The Power Of Purpose Funding Platform!

The inspiration behind our new platform is that we recognize so many people want to work with The Power Of Purpose team at a higher level. Many of these amazing individuals need some funding so we can jumpstart their business and get them on the fast track!

We firmly believe that if purpose-driven people are a little short on funds or if they have some credit challenges, it should not be an obstacle in order to work with us. We want to remove barriers so we can help people build a profitable business and lead a purpose-filled life.

That’s why we have brought 25 funding partners together within our new platform.

Now many more people can access the funds they need to work with us at a high level so they can launch and grow their business!

We're always seeking a few extraordinary individuals looking to work with our team directly at a high level. Individuals seeking access to our top...

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Announcing The Third Annual Purpose Summit!

The Power Of Purpose is pleased to announce The 3rd Annual Purpose Summit December 13-15, 2019 in Albuquerque, NM! 

If you’re not familiar with The Purpose Summit, it’s where The Power Of Purpose team (and select industry experts) reveal the most closely guarded business tactics and strategies that are working today.

The Purpose Summit is The Power Of Purpose’s flagship event where we bring out all the stops. Entrepreneurs from around the country meet in Albuquerque, NM to learn from our team and the most successful industry experts about what’s working right now and all the new top strategies to apply in the next year.

It’s The Power Of Purpose team and trusted experts sharing what’s new, what’s hot and what’s working right now and telling you how to apply it to grow your business.

Put simply: It’s 3 days of nothing but actionable content and...

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Grant Alert: $4.5 Million Available For Youth Transitional Living

funding grant alert Jun 17, 2019

The Administration for Children and Families (ACF), Administration on Children, Youth and Families' (ACYF) Family and Youth Services Bureau (FYSB) announces the availability of funds under the Transitional Living Program (TLP). The Purpose of FYSB’s TLP grant program is to implement, enhance, and/or support effective strategies for successful transition to sustainable living for runaway and homeless youth ages 16 to under 22 and/or pregnant and parenting youth ages 16 to under 22 and their dependent child(ren). Projects must provide safe, stable, and appropriate shelter for up to 18 months, which under extenuating circumstances, can be extended to 21 months and provide comprehensive services that supports the transition of homeless youth to self-sufficiency and stable, independent living. Through the provision of shelter and an array of comprehensive services, TLP youth will realize improvements in four core outcome areas (i.e., safe and stable housing,...

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Interview With Sherry Watson and Daven Michaels


The Power Of Purpose Co-founder and Chief Visionary Officer Sherry Watson sits down with Daven Michaels to discuss his business strategies and the secrets behind his success. 

Daven Michaels is the founder of 123 Companies. He's been an entrepreneur since the age of 15, that’s over 30 years now. During this time he's stumbled across a business formula that he used to turn multiple diverse business ventures into extremely successful businesses, including a few multiple-million dollar home runs.

Daven was very fortunate to have crossed paths with a very smart individual at a very young age. He took him under his wing, mentoring and guiding him along the way. Daven now finds himself applying those same lessons and principles even today.

In 2006 Daven started 123Employee, a virtual employee center in the Philippines. He started with one employee and today he has hundreds of employees operating from several managed facilities. In 2011 he used the power of public speaking to cast...

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Announcing Nonprofit University 2.0!


The Power Of Purpose is pleased to announce the launch of Nonprofit University 2.0

Nonprofit University aims to be the premier Nonprofit educational system based on all varying degrees of nonprofit experience and resources needed at all stages of Nonprofit development!

"Nonprofit University is your step-by-step education system for progressing from the stages of nonprofit startup and nonprofit creation to the seasoned professional who builds a high-achieving nonprofit corporation.

Nonprofit University provides curriculum based on all varying degrees of nonprofit experience and equips you with the resources needed at all stages of nonprofit development," says Sherry Watson, co-founder of The Power Of Purpose

Sherry Watson
Co-founder and Chief Visionary Officer, The Power Of Purpose

Here are the new Nonprofit University 2.0 resources below: 

Live Classroom Experience: Learn From My Faculty Of Experts At Nonprofit University

From day one you'll get a...

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Training: "The Maverick Millionaire"

training Jun 03, 2019

The Power Of Purpose presents: 

Sherry Watson and Paul Finck: "The Maverick Millionaire"

On this web training Sherry and special guest Paul Finck discuss: 

"How to double your income without investing more of your valuable time by following a simple step-by-step process TODAY!" 

On this new training, you'll discover: 

  -7 Steps to take your life back

  -5 Unfair advantages you could employ today

  -How to shift your paradigm to attract financial abundance

  -Identify the beliefs that are holding you back DAILY

  -#1 reason for stress in your life and how to eliminate it 

  -The power of emotional intelligence and how to adapt to it

  -Instant access to the tools for ultimate control in your world

  -How to create long-lasting transformation daily 

For over three decades Paul Finck has developed his systems and processes as a small business owner, implemented them into his life, created the...

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New Study Provides Insight Into Women's Foundation Funding Priorities

Uncategorized May 23, 2019

A new report from the Women’s Philanthropy Institute explores patterns across more than 200 women’s foundations and funds, providing insight on a powerful and pioneering force in philanthropy dedicated to women and girls. While these grant-making organizations vary in terms of geography, assets and grant amounts, they align across a number of key areas, including funding the local community, an emphasis on education and economic empowerment, and participation in activities beyond funding to advance the causes they care about.

Based on an analysis of more than two hundred women's foundations and funds that award grants to programs and organizations benefiting women, the report, Women's Foundations and Funds: A Landscape Study (found that 71 percent were established between 1990 and 2010; 37 percent were standalone organizations while the rest were affiliates of a larger foundation or other organization; and only 8 percent were private foundations....

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