VALIDATION BUILDS TRUST
Karl Dakin
I help you overcome challenges to raising capital. Take advantage of my Motivated Money Method to identify those investor candidates that are most likely to invest. Top expert in fundraising.
FUNDING HAPPENINGS
?Main Street America is conducting its Small Business Success and Support Survey (2024) help to inform Main Street America's offerings with the goal of providing better support to you and your business.
?FUNDING POINT – VALIDATION BUILDS TRUST
Camp Wapiyapi is a charitable organization that I support that provides a camping experience for children with pediatric cancer.
?One might think that raising donations for a charity that serves kids with cancer would be a cakewalk where all one has to do is simply ask for funding. Not true!
?Camp Wapiyapi has to compete with other charities for funding. These charities include the big names like Make a Wish and the American Cancer Society as well as hundreds of other charities that also address cancer, other childhood diseases and challenges and any other charitable purpose from flag football to the arts. As a micro-charity that struggles to be visible to anyone other than parents of children experiencing cancer within the State of Colorado, it must depend upon past donors while continuously seeking new donors.
?As previously discussed in this Instant Funding newsletter, one can only brag so much about oneself. Every statement made by anyone seeking money is automatically viewed as biased. Everyone who has seen the movie Elf with Will Farrell knows of the coffee shop that serves “The World’s Best Coffee’. Any self-serving statement is subjected to scrutiny to determine its accuracy.
One strategic approach to gaining trust and recognition is to win an award or obtain a certification from a third party. Camp Wapiyapi did this by being recognized as a Gold Ribbon Accredited Camp for Children Facing Pediatric Cancer by the Children’s Oncology Camping Association.
?Winning the award is not enough. It would be a fair bet that few people follow the announcements of the Children’s Oncology Camping Association or dive even deeper on its website to learn of the rigorous standards a charity must meet on child safety to win the award. Therefore, Camp Wapiyapi issued a press release regarding the award to call attention to this significant accomplishment.
?In crafting the press release, Camp Wapiyapi continued to pile on validation by obtaining a quote from another third-party expert “Shared experiences at camp help them navigate the complexities of their family's medical journey,” explains Dr. Bob Casey, Child Psychologist, Children's Hospital Colorado.
Now, when competing for donation dollars, Camp Wapiyapi has acted to make themselves visible to the public and to give donors more reasons to choose Camp Wapiyapi over so many other possible choices.
SUCCESSFUL FUNDING SHOW
LAST TUESDAY, I hosted Kon Apostolopoulos with FreshBiz Solutions as my guest on the Successful Funding show. We talked generally about quickly establishing trust in a brand-new relationship between an entrepreneur and an investor candidate. ?Invariably, most fundraising campaigns will reach a point where it is necessary to find new investors with whom the entrepreneur has no prior relationship. The entrepreneur wants an immediate investment decision, but that decision must be based on trust.
You may see a recording of this show at:
RCI COMMUNITY FUNDS
As a member of this new company, I am working with a team of professionals to craft a new funding mechanism for revitalizing underserved communities.
Approval was given by the State of Maryland for the formation of RCI Community Funds Benefit LLC – this for-profit business is working to raise and deploy funding strategically into a series of selected communities.
领英推荐
In parallel, the newly formed RCI Academy corporation will offer educational programs on community revitalization.
THIS MORNING, Stephen Shaff ff and @Bill Huston hosted guest Marc Carr with Ashoka.
A recording of the show is available for viewing at: ?
DON COHEN SHOW
LAST MONDAY, October 14, I was a guest on the Don Cohen show. We discussed relevance from the perspective of being of value to others to demonstrating why someone will choose competing sources of anything.
You may see a recording of this show at:
Don is my mentor and guru on using LinkedIn as a social media platform to build my brand and build my community of individuals and organizations who work like me to help small businesses and communities raise funding. Donald Cohen
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Karl Dakin, the Capital Coach
Dakin Capital LLC
Secured Financing, Credit, Loan, Lending & Mortgage | Alternative Investments: PE, VC, Pre-IPO, Unicorns & Hedge Funds | Wealth Consultancy | Empowering Institutions, Enterprises, Single Family Offices (SFOs) & HNWIs
2 周Karl Dakin, your focus on trust in capital raising is essential! I'd love to explore this further. Let's collaborate and offer our clients: - Wealth Consultancy - Alternative Investments - Secured Financing Let's connect via LinkedIn chat to discuss how we can empower ventures together!
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1 个月That's veary interesting event thanks for sharing this karl Dakin best wishes to each and everyone their ?????????????????????????
Best-Selling Author. International Speaker. Award-Winning Coach. In-Person and Virtual Facilitator of Results. Helping Organizations Develop the Leaders that Will Make Their Business Plans a Reality.
1 个月It was easy to engage with you on your show this week, Karl Dakin, because we have built trust.
I help you overcome challenges to raising capital. Take advantage of my Motivated Money Method to identify those investor candidates that are most likely to invest. Top expert in fundraising.
1 个月How are you validating yourself?