14 min listen
Embracing Risk Within Your Strategic Planning Process
Embracing Risk Within Your Strategic Planning Process
ratings:
Length:
12 minutes
Released:
May 17, 2022
Format:
Podcast episode
Description
There are so many things that impact your team’s ability to reach and exceed their revenue goals every year. And these have very little to do with traditional fundraising. One of them is your ability to take risks. Imagine attracting major donors who are on the lookout for visionary missions and plans that incorporate risk. Tune in to The Business Behind Fundraising — Embracing Risk Within Your Strategic Planning Process with Sherry Quam Taylor. What You Will Discover: ✔️Major donors thrive in risk. Our default mindset always goes to, “Would they really fund us if we dream even bigger?” In reality, that’s exactly what so many donors want. I’ll be sharing a client experience that taught me this lesson. ✔️ Major donors want to challenge you. They’re entrepreneurs and business owners. That’s why they are MORE than willing to invest… if you have what it takes to paint your grand vision and make it come to life. ✔️ Budget for what's in your strategic plan and vision. There are things that aren’t in your budget that should be there. And those are what’s keeping you from scaling your revenue every year! ✔️ Don’t let risk keep you from an abundance mindset. Don’t be afraid to explore investments that could lead you to success. I always take my clients down a deep dive into their budgets to see what’s holding them back. ✔️ Abundance leads to continuous growth. Don’t wait for the millions to come to start thinking about momentum. Start doing the things that attract and keep donors. Build a team that truly knows how to do this. ✔️ Now’s the time to do it. I’ve seen what happens when organizations start taking risks. (Cause, honestly, aren’t they calculated risks?) Impressive revenue gains. So how can you overcome those uncomfortable feelings and realize that you – an amazing business person – can actually take bigger risks? Be sure to subscribe on YouTube for weekly updates. https://www.youtube.com/channel/UCbjEu276-YQ0TeurphD62pA/ Or, subscribe to The Business Behind Fundraising podcast on any of your favorite podcast apps!
Released:
May 17, 2022
Format:
Podcast episode
Titles in the series (40)
Does Your Financing Plan Fully Finance Your Mission: I was having conversations with two prospects, and I always ask: “How much more money do you need? How much would they want to grow?” Organization A - with confidence - aimed to grow by 5x. Organization B, after some hesitation, answered 5 to 7%.... by The Business Behind Fundraising