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July 3, 2023 13 mins
In this episode of Raise More from the Right Funders I share the journey that led to the creation of the Power Partners Formula, a transformative approach to fundraising that I pioneered. I began as an accidental fundraiser who truly disliked the process, yet I discovered a more fulfilling path through building power partnerships - an innovative concept that diverges from the traditional understanding of fundraising. Inspired by my training in executive coaching, habit and behavior design, and design thinking, I revolutionized my approach and saw incredible results, successfully raising funds for an organization from one million to 3.8 million, all while growing to love fundraising. In this episode, you will learn: The concept of Power Partners: I share my unique approach to fundraising, a concept I developed called Power Partners. Power Partners are individuals, foundations, or corporations that create mutually beneficial strategic partnerships with nonprofits, as well as nonprofit leaders who approach building these relationships with vulnerability, honesty, and curiosity. The Power Partners Formula: I introduce my Power Partners Formula, a program designed to support nonprofit leaders in overcoming their internal blocks to successful fundraising. The formula encourages professionals to identify and effectively engage with different types of funders and prepares them for all types of funder meetings. The signs of a Power Partnership: I outline six key signs that indicate when you are successfully building a power partnership. From standing up for your organization's needs, to not instantly responding to a funder's requests, these signs signify a shift from the traditional dynamics of fundraising to a healthier, more sustainable relationship. The importance of self-worth and alignment in fundraising: Through my personal journey, I emphasize the importance of recognizing your value as a fundraiser and finding alignment with your mission and tasks. By staying true to your organization's purpose and needs, you can avoid wasting time chasing the wrong donors and instead focus on building fruitful partnerships. To see the Power Partners Formula™ Live in action, join us for the re-launch of my FREE Masterclass on August 17th, 2023 - How to Raise More from the Right Funders WITHOUT Hounding People for Money. Sign up here: malloryerickson.com/free Learn More About the Power Partners Formula™ Collective Program here: https://malloryerickson.com/power-partners-formula/
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