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Budgeting

A few secrets everyone should know before starting a new nonprofit organization – with Gigi Lawrence

#027 – Today I am speaking with Gigi Lawrence. Gigi founded Nonprofit for Newbies,  a consulting and networking community, to help people start new nonprofits.  Gigi is a mompreneur who started off in the financial consulting world, but didn’t feel fulfilled. She knew she wanted to help others, but was unsure how.  After she took a job as a nonprofit financial literacy program director she knew she had found her calling.  Gigi says….

“If your foundation isn’t structured correctly and you don’t know how to explain your process. You don’t know how to explain your programs in a way that others are going to understand and be motivated to move forward with those services or that program and being involved…..

…you have to be able to sell yourself, sell your organization, and in order to sell it, you have to know what you’re selling and you have to believe in it.”

Nonprofit for Newbies either advises or refers “newbies” to one of the independent contractors in their network on:

  1. Starting their nonprofit
  2. Grant writing
  3. Writing their business plan
  4. Fundraising
  5. Marketing
  6. Accounting
  7. Board Development, and
  8. Mindset

As of this interview, her Facebook Group has over 10k members.

Gigi has a ton of free resources on her website

https://www.nonprofitfornewbies.com/social

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Resources

  • Website
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  • Voices of Color

4 Key Takeaways  

#1 Be able to clearly explain your programs and what you do.

#2 Get board members who will help you execute your mission.

#3 Have people you are serving represented on your board.

#4 Get local high school or college students to help with your social media at little or no cost.

Check out Groupfinity.com for the show notes and links for this episode.  

Show Notes

**Click the time stamp to jump directly to that point in the episode

[3:45] We have a vetted consultant netwrok
[5:30] It comes down to getting your foundation right....
[7:20] Most questions I get when people start
[8:12] Considerations when forming your board
[11:40] Have representation on your board
[12:40] Changes since the pandemic
[15:30] Use college students to help with social media
[16:45] Focus on the tasks that are a good use of your time
[17:27] Make sure you spend some time budgeting
[19:33] Voices of Color
[20:51] How Gigi got started

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Posted in PodcastTagged 501c3, Accounting, Board Development, Budgeting, community, COVID, Foundations, Funding, fundraising, grant writing, Grants, Marketing, new non profit, nonprofit
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