The Build Good Fundraising Podcast

#68: Introducing the Fundraising Flywheel

January 25th, 2023
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Is it time we ditch the marketing funnel and replace it with a flywheel?

Today we’re introducing the concept of the Fundraising Flywheel—a 5-step framework to help donors become an important part of the team and improve your fundraising. 

The flywheel is simply our way of codifying the fundamentals of fundraising done well:

  1. Listen
  2. Engage
  3. Ask
  4. Celebrate 
  5. Report 

A flywheel is like a big, heavy wheel that helps things keep moving.

It’s like a toy top that you spin.

Once you get it spinning, it keeps going for a little while, even after you stop turning it.

The Fundraising Flywheel works the same way. It’s a bit of work to get it spinning.

But once you master the 5 parts of the flywheel, your fundraising flywheel will start to gain momentum reliably. With a lot less effort on your part.

Your revenue will grow—and so will your career.

➡️ Join our FREE training on how to create compelling fundraising messaging that leads donors to action and raises more money, from more people, more often—simply by changing the words you use: https://www.5minutefundraisingfix.com/register

What else would you like to know about improving your fundraising and becoming an effective nonprofit marketer? Connect with Mike Duerksen on LinkedIn: https://www.linkedin.com/in/mikeduerksen/

Follow the Build Good Fundraising Podcast on your favourite podcast app—and never miss a new episode: https://buildgood.com/category/podcast/

❤️ And if you haven’t yet, subscribe to our Youtube channel for more fundraising videos and actionable strategies that will help you grow your revenue and impact: https://www.youtube.com/@buildgood?sub_confirmation=1 

Thanks for listening! 

—- 

#Fundraising #Nonprofit #Philanthropy #Marketing 

Interested in  working with a fundraising agency to grow your nonprofit?

BuildGood is a fundraising agency that helps nonprofits raise more money from individual donors. Let our team of experts create your fundraising appeals, emails and newsletters for you, and reclaim the time to do the thing only YOU can do: build genuine, human, personal relationships with your donors. 

You’ll add proven expertise to your team. You’ll benefit from tested and proven strategies that will make you more money. And you’ll have peace of mind that you’re putting your best foot forward with your fundraising. 

➡️ For more information, go here: www.buildgood.com

Free On-Demand Training

How to build a Fundraising Flywheel that can double your revenue

Discover how you can apply the “Fundraising Flywheel” framework that has helped some of our clients double their fundraising income by focusing on listening to donors, testing and optimizing, and treating donors like an important part of the team.

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