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5. The business model to smash a £30million target | BigGive Time: 43:19
What if there was a model your business could use to smash your targets faster? And with a team of no more than 10?
In this episode of All About Business, James speaks to Alex Day, Managing Director of Big Give. Alex explains how his small team of ten has managed to raise hundreds of millions of pounds for charity. They also discuss how technology is transforming the charity sector, why philanthropy is good for business, and the psychology behind giving money away.
Alex Day is Director of Social Impact at Reed and Managing Director of the Big Give, the UK’s biggest match funding charity.
Every year, Big Give runs a variety of match funding campaigns, including the Green Match Fund, Kind2Mind and the Christmas Challenge. Since 2008, they’ve raised over £300 million for charities all over the world.
Timestamps
00:00- Intro
02:31- How Big Give's Match Funding Works
03:38- The Psychology Behind Match Funding
05:38- Campaigns and Themes of Big Give
08:18- Digital Transformation in Charity Fundraising
12:53- Running a Lean and Effective Team
16:37- Engaging Big Figures in Philanthropy
23:42- Identifying Your Passion for a Cause
25:16- Setting Ambitious Goals
27:37- The Importance of Ambition in Social Impact
29:26- Supporting Smaller Charities
30:50- Innovative Match Funding Strategies
31:59- The Contagious Nature of Generosity
32:32- The Christmas Challenge Campaign
34:18- Philanthropy in Business
37:18- The Philco Model
41:33- Quickfire Round
43:38- Conclusion and Final Thoughts
Links
Visit the Big Give website: https://donate.biggive.org/
See what difference you can make: Big Give Christmas Challenge 2024
Double the difference this Christmas NOW
Follow James Reed on LinkedIn
Follow the Big Give on LinkedIn
All About Business is brought to you by Reed Global. Learn more at: www.reed.com
This podcast was co-produced by Reed Global and Flamingo Media. If you’d like to create a chart-topping podcast, visit Flamingo-media.co.uk
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Release Date: 02/12/2024, 11:30:00
