Nonprofit Leaders: Is there evidence within your budget that you are spending money to make money?
In my experience, most nonprofit leaders and board members agree with the phrase, “You have to spend money to make money.” But when you look at their budget, there is no evidence of this….
Evidence I’m looking for?
🔍Headcount increases as a result of the budget growing
🔍Technology to track donor experiences and generate more dollars
🔍Skills-based training for teams
🔍Marketing and Brand assets
🔍Major-gift Collateral
The biggest thing that keeps orgs from growing is their lack of spending —their irrational frugality.
You must identify and invest in resources on a regular basis to scale your organization’s revenue.
Full stop.
What would you add to this list?
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.