Fundraising Consulting Business

7 Tips For Starting A Successful Fundraising Consulting Business (2024)

Pat Walls

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Updated: January 19th, 2023

Want to start your own fundraising consulting business? Here are some tips you should know:

Learn more about starting a fundraising consulting business:

Where to start?

-> How much does it cost to start a fundraising consulting business?
-> Pros and cons of a fundraising consulting business

Need inspiration?

-> Other fundraising consulting business success stories

Other resources

We've interviewed thousands of successful founders at Starter Story and asked what advice they would give to entrepreneurs who are just getting started.

Here's the best advice we discovered for starting a fundraising consulting business:

#1: Daryl Hatton, founder of ConnectionPoint:

We chatted with with Daryl, founder of ConnectionPoint ($150K/month). In our interview, Daryl says:

Time in the pandemic both sped up and slowed down.

Additionally:

Keep your head up so that new opportunities don’t have to kick you hard to get your attention.

Further:

When life gets challenging, just keep walking. It changes your perspective.

Read the full interview ➜

#2: Daryl Hatton, founder of ConnectionPoint:

We chatted with with Daryl, founder of ConnectionPoint ($150K/month). In our interview, Daryl says:

Be careful when you base your product completely on single supplier platforms outside of your control. Have a plan for what you’ll do if they no longer want to help you.

Additionally:

Unfortunately, in the press cycle, when you’re hot, you’re hot. And then, you’re not.

Further:

Your product plans are a dream. Customer needs are the reality.

Also:

When creating a platform, it is very alluring to try to make the value proposition as broad as possible. If you can’t or don’t want to play the VC game, the tighter focus can help you achieve profitable revenue faster and grow without outside investment.