mindset for success & root cause of funding problems in non profits

Post on 22-Jan-2018

165 Views

Category:

Business

0 Downloads

Preview:

Click to see full reader

TRANSCRIPT

MAGNIFYING IMPACT

powered by

through Strategic Organizational Leadership

Session 1Mindset for Success &

Finding the Root Cause of Your Funding Problems

if your organization closed…

what would be missing in the world?

who would miss you?

how many lives would be worse off?

what would you like it to be?

what would be missing in the world?

who would miss you?

how many lives would be worse off?

WHY?

WHAT’S IN IT FOR YOU?

“Be who God meant you to be and you will set the world on fire.” - St Catherine of Siena

WHAT YOU CAN

CONTROL

ownership responsibility accountability

blame excuses denial

the only FAILURE is the FAILURE to participate

cross out your

“I KNOW”

N I C E

othing nside me ares nough

YOU MUST BE WILLING TO HAVE

FUN

WHAT’S YOUR BIGGER DREAM?

the science of

SUCCESS1. A Precise Goal2. Desire3. Knowledge4. Action

Matthew Michalewicz “Life in Half A Second”

set a

PRECISE GOAL1. Specific & Measureable2. Write it down3. Share it with others

feel the

DESIRE1. Why must you achieve it?2. What would be missing in your life if

you don’t?3. How does it amplify your identity and

purpose?

get the

KNOWLEDGE1. What don’t I know? Who can tell me?2. What knowledge do I need?3. Where can I get that knowledge?4. How best do I learn?5. So what’s my learning plan?

take the

ACTION1. Break down BIG goals into steps2. 90 day plans3. Accountability coach4. Celebrate small wins

MONEY =

IDEA X

CONFIDENCE X

ACTION

2 SIDES OF BUSINESS

marketing delivery

BREAK-EVEN POINT (how much do you have to earn just to cover your costs?)

BEP= fixed costs margin%

PROFIT BREAK-EVEN POINT (how much do you have to earn to reach your profit goals?)

PROFIT BEP= (fixed costs + profit goal)

margin%

you have

2 CHOICES1.Reduce cost2.Make more money

do you know the root cause?Leads 10 100

Clients 10 10

Revenue $1000 $1000

Group A B

5 WAYS TO BOOST PROFITS (yes, non-profits need profits too)

5 Ways to Boost Profits Leads

xConversion Rate

=Clients

xNo. of Transaction

xAverage Sale

=Revenue

xMargin %

=Profit

4000x

25%=

1000x2x

$100=

$200,000x

25%=

$50,000

4400x

27.5%=

1210x

2.2x

$110=

$292,820x

27.5%=

$80,525

Leadsx

Conversion Rate=

Clientsx

No. of Transactionx

Average Sale=

Revenuex

Margin %=

Profit

NOW GOAL

“When given authority, TAKE CHARGE.” - Unknown

Magnify Your Impact…

I’ve always wanted to help more non-profits through the business frameworks I use as a Business Coach in ActionCOACH. I’ve seen it work for the businesses and non-profits we’ve coached in the past. So I decided to create IMPACT, a social business to help non-profit organizations flourish & help more people.

If you need help growing your non-profit and your leaders are ready to be equipped and developed, then please contact me and let’s see how we can magnify your impact together.

Cynthia Wihardja, Founder of IMPACT website: cynthiawihardja.com email me: hi@impactingnow.com

top related