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The Playbook With David Meltzer

The Formula for Fundraising Success

The Playbook With David Meltzer

David Meltzer, Entrepreneur.com

Entrepreneurship, Business, Careers

4.61.9K Ratings

🗓️ 8 March 2024

⏱️ 11 minutes

🧾️ Download transcript

Summary

In today's episode, inspired by TAG's themes of Transparency, Acceptance, and Growth, we unpack the transformative power of raising funds and its monumental impact across various aspects of life. Sharing my journey, I highlight the significance of clearly articulating value to exceed expectations and the critical role of pinpointing your bottom line. Through stories like engaging with the Boy Scouts of America, where I transformed a speaking engagement into a significant fundraising opportunity, I showcase how understanding perceived value and adept negotiation can transcend the realm of public speaking. Emphasizing the seamless integration of timing and risk tolerance into our strategies demonstrates their fundamental importance in navigating success, and how mastering these elements is essential for impactful achievements and contributions to broader causes. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Transcript

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0:00.0

This is an entrepreneur's the Playbook, where each week I bring you some of the greatest athletes, celebrities, and entrepreneurs to talk about their personal and professional playbook to success.

0:12.0

Raising money is an amazing thing.

0:15.0

Think about those people that know how to raise money.

0:18.0

You have statistically a way better chance of being successful

0:22.0

in your personal, professional, and philanthropic life.

0:25.0

I can change the world because I can raise money because that truly helps a

0:31.0

charity more than anything else.

0:32.8

Yes, I, you know, on the holiday,

0:35.6

I went down to Dana Point and my wife and I make chili

0:38.9

and with other families, we fed, you know,

0:41.3

45 people that are down on their luck.

0:44.0

Gave them blankets, beautiful, but that's nothing like

0:48.0

Elon Musk giving 10 billion dollars for our environment.

0:51.0

That's impact. So for me, I practice raising money and the

0:56.7

way that I raise money is one simple mathematical equation. Can I articulate a quantitative value to exceed what I'm asking

1:08.0

for? Can I articulate that? Now let me give you the biggest secrets of speaking business-wise because a lot of

1:15.4

people don't think about this. One of the most common questions for new speakers, you may

1:20.1

have asked this of your coach, what should I charge?

1:24.4

You never asked that or think that when you're speaking?

1:27.0

OK, let me help you out.

1:29.5

There's only two prices in speaking, selling, buying, every transaction you're ever going to have.

1:37.0

There's only two prices. There is perceived value. That's a price.

...

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