Tips on How to Raise a Million Dollars

Sick of selling chocolates? Tired of washing cars? Wouldn't we all (especially those into fundraising) love to figure out how to raise a million dollars.

It would be arrogant to say that TacoTrivia Fundraising is anywhere near this million dollar target, but there are things we are learning on the way, that will help us to raise lots of money in the future.

Below are some tips that will help you move along the path towards million dollar fundraisers.

Tip 1 - Are you part of an existing network, if so leverage the influence of this network
If you are part of Scouting, for instance, then there are probably 100 Scouting Groups in a particular geographical area. If all those 100 Scouting groups work together, and run simultaneous fundraisers, you can raise a lot of money and raise a lot of profile. If those hundred Scouting Groups were able to raise $10,000 each, you have a million dollars.
A little simpistic sure, but here are some other tips to think about.

Tip 2 - Learn to network, build connections
If you are part of a business, there may be other businesses in other states. If you are in the right leadership position, you may have authority and ability to connect with other leaders. Network with these people. Send emails. Get to know them. Float ideas with each other. Skype each other. http://www.johnchow.com/ for instance is someone worth networking with. He'll show you how to make money online.

Tip 3 - Share the Vision
If you want to raise a million dollars you need a lot of vision. You need a cause that will have thousands of people supporting. Sending the Soccer team to Jamaica probably won't be a cause thousands will support. Eliminating Ovarian Cancer might though. Once you have the cause, let people catch onto it, especially those in your networks.

Tip 4 - Implement a Project Management Team
Now, to raise anywhere near a million dollars, you will need an influential, dynamic project management team, that will initiate the project/fundraiser and that will see it through to completion. Have CEO's of Businesses, well-known artists, Council leaders, on your project management team. In the first meeting, discuss the aim of the fundraiser or idea, and explore in depth the cause of what you are raising for, and some early thoughts on strategic direction.

Tip 5 - Launch off a large influential strategy
If the RSL have groups in most parts of the country, then have every one of those groups doing a Door-Knocking campaign, for example. With everyone working together, and the large vision being communicated at all times you are well on the way to raise lots of money.

Tip 6 - Leverage the influence of Media in all its forms
Well, it might be a Television campaign, or a large Twitter advertisement, Facebook, MySpace, Local Radio, WebAds, Newspapers, Billboards... There are lots of ways to advertise, promote and market your cause. To raise a million dollars, you probably need a fair bit of existing capital to start.

Feel free to comment and provide some advice to our readers on how to raise a million dollars.

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