The Parallels Between Investing and Nonprofit Fundraising
I’m a podcast junkie about one specific topic: Money.
Especially if it’s about money psychology and investing. Compound Interest is my love language.
I guess it makes sense. There’s so much money psychology involved in fundraising.
All the healthy long-term investing advice parallels my advice about healthy fundraising!
There are three main themes when investing your personal finances:
🗠Theme #1: Investing is a long-term, multi-year strategy.
🗠Theme #2: Consistency is better than waiting for the most opportune time.
🗠Theme #3: Don’t let the fear of the unknown keep you from millions in the future.
And, with fully funding your nonprofit organization every year:
🗠Parallel Theme #1:
Fundraising is a long-term, multi-year strategy.
🎯Too many teams can only see as far as the next appeal or event. It takes larger donors 6-24 months to give their best gift. So, your plan and strategy should go out that far.
🗠Parallel Theme #2:
Consistency is better than waiting for the most opportune time.
🎯You can fund your entire organization every year by creating a rhythm and discipline of high ROI activities. Waiting for your database to be clean, your website to be refreshed, or your board to grow is keeping you small.
🗠Parallel Theme #3:
Don’t let the fear of the unknown keep you from millions in the future.
🎯Most fundraisers tell me that when it comes to major-gift work “they kinda don’t know what they don’t know”. Spending money to learn how to do relational gift work feels risky. But, it’s not. A transactional fundraising strategy that keeps your team on the spin-cycle is way riskier. Invest in your teams’ skill sets and you’ll see the millions you’ve been leaving on the table.
🗠BONUS Theme #4: Starting today is the best option.
Whenever you’re ready, here are THREE things you can do next:
👣 Follow me on LinkedIn where I share the same lessons I teach my clients about attracting larger gen-ops dollars and adding 7-figures + to their bottom line.
🍎 Read my GUIDE! THE TRUTH ABOUT GIVE/GETS :: Top 5 Reasons Your Board’s Give/Get Is Leaving Thousands (Sometimes Millions) on the Table. See how limiting board members to the Give/Get model restricts gifts and keeps your staff from reaching their full fundraising potential. Here to get it.
📈 Work with me to scale your org's revenue by 2-5X and fund your organization’s Strategic Plan // If you’re a business-minded CEO already raising MILLIONS but need to diversify revenue and secure more general-operating dollars to invest in growth, you can apply to work with me here.
