New Podcast: Why You Should Invest More MONEY into Overhead (Fundraising Staff)
Welcome to Season 3 of The Business Behind Fundraising!
For this season, we’ll be going in-depth on a few of the factors impacting the Great Resignation that I want you to reflect on.
Today’s episode will be all about why you should invest more money into overhead, especially your fundraising staff.
Spoiler: No new grant appeal, board member, or celebrity shout-out is going to fix your insufficient overhead cash. It’s all about solid groundwork and being honest with our needs and numbers.
Tune in to The Business Behind Fundraising — Why You Should Invest More MONEY into Overhead (Fundraising Staff) with Sherry Quam Taylor.
What You Will Discover:
✔️Spend enough money to generate the dollars you need. Are you raising the same money every year? More fundraising activities won’t fix this. What you need is more gas in the engine. Sometimes even a different engine!
✔️ Start with the math. It’s only until you’ve been honest with yourself and created a true needs-based budget that you will be able to craft an accurate financing plan for your fundraising team to reach or exceed.
✔️ Spending mistakes to avoid. Ever feel like you can’t afford to hire fundraising staff? Too often, you’re spending too much on programs, and that’s keeping you from investing enough in staff and overhead.
✔️ Answering the tough questions yields growth. Consider these:
What is the true financing plan?
How can you raise or exceed a truly balanced budget?
How can you design a funding model that supports your true need?
What should your team be doing?
Does your team have the right skillset?
✔️Never cut corners. Organizations that lean into risk tend to make consistent revenue leaps. Be brave when spending money to RAISE more money.
Whenever you’re ready, here are THREE things you can do next:
👣 Follow me on LinkedIn and subscribe to my podcast, The Business Behind Fundraising // I give away insider info every week - the same lessons I teach my clients about what they can do to attract larger gen-ops dollars and add 7-figures+ to their bottom line.
📝 Read my WHITEPAPER to see what’s keep you from having enough gen-ops funding each year // You’ll learn THE BIG FUNDRAISING SECRET that keeps nonprofits from securing money for programs AND infrastructure initiatives in their strategic plans. Here to get it.
📈 Work with me to put your organization on a 2X - 10X revenue trajectory // If you’re raising MILLIONS of charitable revenue each year but scaling your team’s fundraising efforts to match your aggressive growth initiatives feels unclear, just send me an email (Sherry@QuamTaylor.com) with the subject line “grow.” Tell me a little about your org and your need to scale.
P.S. If you’re not raising MILLIONS yet but you are ambitious, want to be there soon, and are ready to invest in scaling, just change your subject line to “ambitious” and I’ll reply with details.
