Fight Your Fear of Asking For Money

Now that you have got your fundraiser all set up, the next step is to get your fundraiser out there and ask your friends and family to donate to your cause. This can be an extremely difficult task for a lot of people, so we have compiled a list of the how’s and why’s surrounding this topic area. 

Why is it tough to ask for money?

There are a lot of reasons why it can be hard for you to ask for money.

  • Inexperienced – If you’re new to asking, it can be scary. Lots of people are nervous the first time that they attempt something new, because they have no idea how it’s going to turn out or how they’ll do. 
  • Not prepared – Maybe you don’t know what to say or how much to ask for. Without a clear idea of how you want the conversation to go, there are a few ways that this could end badly if you are not prepared. Make sure you know the facts and know how much you want to ask for so you do not get muddled up when you are asking.
  • Lack of confidence. Sometimes, you just don’t feel ready. Make sure that you know everything about your cause so that you can have confidence in what you are saying – even if you are not the most confident person in the world. This will help to boost your overall confidence when asking for money and people will get that vibe from you too.
  • Mindset. If you believe that your cause isn’t as good as another charities, you’ll downplay the work that your charity does and people won’t be as inclined to give. Ensure you are fundraising for the right reasons, believe in your charity and believe in your fundraising event.

How to ask for money?

Stay focused on your ‘why.’ Why does it matter to you if you get what you’re asking for? Get in touch with the deepest reason in your heart; why this matters to you and let it strengthen you. Visualise it and keep it firmly planted in your mind as you ask.

It’s all about your intention. When you come from a place of respect and integrity, you aren’t “hitting them up” or “strong arming them” to give to your charity. You’re raising money for something that matters, and you’re asking for their help.

3 steps to overcoming your fear of asking for money

Just like conquering a fear of heights or fear of almost anything, your fear of fundraising can be overcome. It takes a few simple steps, a positive attitude, a little support, and a good dose of courage.

Focus on the reason why you care about the organisation. Keep that in your mind as you go through this exercise and it will make things a bit easier. When you’re ready, take these baby steps toward asking for a donation:

  1. Pick a friend that you can ask for a gift.  Make sure it’s someone you trust – this will help you feel safe.
  1. Practice telling them about your organisation. It’s okay if you stumble on your words.  You’re practicing on a friend after all.
  1. Then ask for a donation. 

Pay attention to how the experience goes for you when you ask for money. Hopefully, it was an exhilarating experience for you! Once you get your fear under control, you may actually find it fun to talk with people about the organisation you love.

The Bottom Line

Remember that you’re not taking anything away from people when you ask for money. You are simply giving them to chance to participate in the work that your chosen charity does. It is as simple as that.

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