Preview

Fund Raising Strategies

Powerful Essays
Open Document
Open Document
11204 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Fund Raising Strategies
FUND RAISING STRATEGIES:
Know What You’re Selling

Produced by
David Connell, David J. Connell & Associates
1998

FUND RAISING: Know What You’re Selling!

FORWARD

Fund Raising Strategies: Know What You’re Selling presents fund raising in a new perspective. Many excellent sources on fund raising already exist, many of which have been referenced in this document, however, they only mention that the fund raising environment is more competitive. Too often, they fall short of positioning fund raising in a strategic context. They tell you what to do, but don’t tell you how to compete.
Successful fund raising must begin with a shift in attitude: having a good idea is not enough – you have to prove it! Fund Raising Strategies aims to shift the reader’s attitude by presenting fund raising in the context of strategic marketing.
Knowing what you are selling and knowing to whom you are selling are essential elements of a strategic fund raising plan.
While the basic elements of fund raising are included in this document, it is recommended that you look up other fund raising references for more details. A good strategic marketing book should also be part of your book shelf.

About the author
David Connell, B.Econ., B.Comm., M.B.A., is President of David J. Connell &
Associates, a consulting firm specializing in market strategies. David possesses over ten years’ experience in the marketing and organizational development field.
He has worked with international management consulting firms and with provincial non-profit organizations. David’s practical experience is supported by formal training in economics, marketing, and strategic planning.
Two principles guide David’s work. One is a belief in the strengths and values people bring to organizations. The second is the view that outcomes drive process.
Practising these principles, together with his analytical and practical approach to solving problems, enables David to integrate the ‘bottom-line’ perspective of the corporate sector

You May Also Find These Documents Helpful

  • Satisfactory Essays

    Andre bootstrapped Magno-Grip with $5000 dollars of personal savings and $40,000 of funding from his family. He learned though bootstrapping how to become more resourceful such as developing marketing initiatives. Magno-Grip didn’t want to be a one product wonder and Andre has created a line of products that he hope will work well in the market. While Andre has taken the time to develop the collection, he has not been able to focus on the other full time task of fundraising. He feels that this is the crux for other start up and existing companies because the act of fundraising is quite tedious. It requires extra meetings that can take away much needed attention for the day to day business.…

    • 281 Words
    • 1 Page
    Satisfactory Essays
  • Good Essays

    “You can have brilliant ideas, but if you can’t get them across, your ideas won’t get you anywhere.” - Lee Iacocca…

    • 1314 Words
    • 6 Pages
    Good Essays
  • Better Essays

    Team Research Paper

    • 1331 Words
    • 6 Pages

    Fundraising for a nonprofit organization in a weak economy is very uncertain; not many individuals or businesses have the financial means to lend money. Thus, it is imperative to use all approaches to fundraising. Fundraising for a nonprofit organization typically involves applying for loans, grants, and using other forms of government and public assistance. When implementing non-traditional approaches to fundraising, it is important to use every possible means of government assistance, community support, and family contribution methods because there are limited the country’s economic status.…

    • 1331 Words
    • 6 Pages
    Better Essays
  • Satisfactory Essays

    Assignments

    • 841 Words
    • 5 Pages

    Identify company and situational factors that may help get your ideas adopted, and factors that may hinder adoption.…

    • 841 Words
    • 5 Pages
    Satisfactory Essays
  • Satisfactory Essays

    Ideas don’t launch productive changes until they become a theme around which others begin to improvise, a vision that raises aspirations.…

    • 447 Words
    • 2 Pages
    Satisfactory Essays
  • Good Essays

    Spence, R.M. (2009). It’s Not What You Sell; It’s What You Stand For (1st ed.). New York:…

    • 857 Words
    • 4 Pages
    Good Essays
  • Powerful Essays

    Leadership and Social Change

    • 3302 Words
    • 14 Pages

    Hill, C. J. (2008, October 20). Strategic Management. Houghton Mifflin Company. Retrieved October 22, 2010, from ISBN: 978-0-618-89469-7, page 11: http://en.wikipedia.org/wiki/Mission_statement…

    • 3302 Words
    • 14 Pages
    Powerful Essays
  • Satisfactory Essays

    Imp Business Plan

    • 379 Words
    • 2 Pages

    Presenting the investment case to an outsider. This key function provides the focus for this note. Essentially, business plans are sales documents. What they are selling is your business idea, your product or service and, above all, you and your track record. But in selling these things you are also competing. Figures from the venture capital industry indicate that roughly 85% of all business plans are rejected almost at once, 15% are given serious consideration but only 5% reach the negotiating stage. Your target is that final 5%.…

    • 379 Words
    • 2 Pages
    Satisfactory Essays
  • Powerful Essays

    plan presentation to US institutional investors was going to be tough. On the other hand, raising at least…

    • 8103 Words
    • 33 Pages
    Powerful Essays
  • Powerful Essays

    Can you summarize your company’s strategy in 35 words or less? If so, would your colleagues put it the same way? It is our experience that very few executives can honestly answer these simple questions in the affirmative. And the companies that those executives work for are often the most successful in their industry. One is Edward Jones, a St. Louis–based brokerage firm with which one of us has been involved for more than 10 years. The fourth-largest brokerage in the United States, Jones has quadrupled its market share during the past two decades, has consistently outperformed its rivals in terms of ROI through bull and bear markets, and has been a fixture on Fortune’s list of the top companies to work for. It’s a safe bet that just about every one of its 37,000 employees could express the company’s succinct strategy statement: Jones aims to “grow to 17,000 financial advisers by 2012 [from about 10,000 today] by offering trusted and convenient face-to-face financial advice to conservative individual investors who delegate their finanharvard business review • april 2008…

    • 5762 Words
    • 24 Pages
    Powerful Essays
  • Powerful Essays

    Top leaders’ formal strategies determine how business gets done in your firm— right? Wrong, say authors Joseph Bower and Clark Gilbert: It’s other managers’ decisions about where to commit resources that really drive strategy. Sometimes these choices support corporate plans. Other times, they don’t. Take Toyota: It launched the Echo—a nofrills, inexpensive vehicle—to fight low-cost rivals. But salespeople, seeking higher commissions, steered customers to higherpriced models. How to avoid such scenarios? Understand who’s driving resource-allocation decisions. For example, is a division manager only sending you proposals for projects that will expand his turf? Is an R&D manager giving a large customer too much say over product development decisions? Then step in as needed: Prompt unit managers to ask, “What’s best for the company?” (not their divisions). Form cross-divisional teams to discuss strategic options. By managing your company’s resourceallocation process, you align bottom-up actions with top-down objectives. And you drive your company in the right direction.…

    • 5637 Words
    • 23 Pages
    Powerful Essays
  • Good Essays

    I and my friends Bill Mates & Steve Hobs were watching Yankees games when we saw a commercial about a board game. Throughout the rest of the game we were thinking of how to make money using some great idea. All the three think of an idea to go into a business together. But there has to be an idea to sell. Bill says that he has vast experience in coding software so they should think of developing an operating system to compete with Microsoft windows. The software could be controlled by voice and hand gestures. Steve suggests about revolutionizing TV viewing by using iPhone as a combo of remote and video game controller. It is my idea to suggest something mind-blowing and to chart a course of action to make it turn into…

    • 940 Words
    • 4 Pages
    Good Essays
  • Good Essays

    Strategic Philanthropy

    • 652 Words
    • 3 Pages

    target their own charitable activities around a specific issue or cause that will in turn support…

    • 652 Words
    • 3 Pages
    Good Essays
  • Good Essays

    Stated above, the Nonprofit Communications Trends for 2014 reported that a lack of clear strategy also presents a challenge for communicators. A strategy can be unclear because there are many definitions of the term. According to Worth (2014), “There is no agreement on exactly what it (a strategy) is or how to develop it. It may be articulated in a plan, or it may be no more than an approach to reach a…

    • 867 Words
    • 4 Pages
    Good Essays
  • Satisfactory Essays

    successful entrepreneurs of the past have been able to convince the financiers or venture capitalists…

    • 4008 Words
    • 18 Pages
    Satisfactory Essays

Related Topics