There are three critical variables that must be in place if you are to be successful in achieving sustainable funding. The first of these three critical variables is: 25% of your Point of Entry® guests are referring others.
Groups that regularly attain this standard find that everything else about the model glides into place. If your group is not having at least 25% of the people who attend your Point of Entry Events refer others to a subsequent Point of Entry, the problem is that your Point of Entry is not sizzling enough. While it may be enjoyable to you and a few of your inside staff, board, and volunteers, it obviously isn't getting the job done with the "real" guests.
Do not despair. This is a common problem. At our upper-level workshops, we often dissect Point of Entry Events under a microscope. We continue to find most Point of Entry Events over-inform and underwhelm their guests.
If a Point of Entry guest gets on a cell phone and calls a friend while leaving the event, saying, "You've got to see what I just saw," it is because they were sufficiently moved and excited by your work. People won't risk referring their friends to something that is just mediocre—it's got to be outstanding!
The second critical variable is: At least 10%–15% of Ask Event™ attendees join the Multiple-Year Giving Society™ each year (at one of your three established giving levels). If you can predictably count on meeting this standard each year, you do not have to ramp up the size of your Ask Event as a way to grow your numbers.
Knowing you will be adding new Multiple-Year Donors (who make five-year pledges of $1,000 a year or more) allows your giving society to grow over time and lets you focus more and more on these special major donors who have identified themselves as loyal supporters.
Rather than spending time making your Ask Event larger each year, you can focus on the other leverage points of the model—such as cultivating these prior Multiple-Year Donors to make subsequent Leadership/Challenge/major gifts, which can be announced at your Ask Event.
This 10%–15% standard is mandatory if you are planning to use the model to build sustainable funding.
The third critical variable is: Challenge or Leadership Gift of increasing size at each Ask Event, starting with a gift at least the size of your highest giving level. Like the other two critical variables, attaining this measure leverages the impact of the model.
Attaining these three critical measures over the next year is the single best predictor of your organization's likelihood of success in fulfilling your goals for sustainable funding.