Sell out your Charity Event in 10 Steps - podcast episode cover

Sell out your Charity Event in 10 Steps

Mar 25, 202415 min
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Episode description

In this podcast episode, Matt Haycox shares his battle-tested formula for transforming charity events into sold-out sensations. With over six years of fundraising experience, Matt reveals strategies that consistently fill venues and secure generous donations. He emphasizes treating charity events as serious business endeavors, stressing the importance of leveraging networks for support and attendance.

Gain insights into dispelling misconceptions about tax advantages in fundraising and delivering exceptional event experiences. Matt also explores the strategic use of celebrity endorsements and the long-term vision needed for sustainable fundraising success. Tune in to discover how Matt's ten-step blueprint can elevate your charity events and make a meaningful impact on your cause.

Timestamps
0:00 - Intro
0:38 - 1 - This is a Business
1:30 - 2 - Your Network is Everything
2:38 - 3 - No Magic Tax Advantage
4:09 - 4 - Have a Great Product
6:11 - 5 - It's Great to have Celebrities
8:37 - 6 - Think Long Term
9:21 - 7 - Ticket Price
10:47 - 8 - Advertising Only Works If...
11:20 - 9 - Charge As Much As Possible
12:19 - 10 - The 80:20 Rule
13:52 - Conclusion

__________

Connect with Matt Haycox:
▶ Instagram: https://www.instagram.com/thematthaycox/
▶ YouTube: Matt Haycox - YouTube
▶ LinkedIn: https://www.linkedin.com/in/matt-haycox/
▶ Website: https://matt-haycox.com/podcasts/

I’m Matt Haycox, entrepreneur, investor, mentor, and your go-to guy for no-bollocks advice on business and personal growth.

With over 25 years of experience building and funding businesses across industries, I’ve faced it all wins, losses, and the ultimate comeback story. Through my podcasts, No Bollocks with Matt Haycox and Stripping Off with Matt Haycox, I cut through the bullshit to bring you real, actionable strategies and raw conversations with entrepreneurs, celebrities, and industry leaders.

Whether you’re looking to scale your business, secure funding, or avoid the mistakes I’ve learned the hard way, my goal is simple: to help YOU create YOUR success story.

Subscribe to my newsletter and get insider tips on entrepreneurship, strategy, & busines...

Transcript

00:00:00:00 - 00:00:05:13
Matt Haycox
I'm going to give you ten steps on how to sell out your charity events every time.

00:00:05:13 - 00:00:06:24
Matt Haycox
Now, I always get asked,

00:00:06:24 - 00:00:08:17
Matt Haycox
How would you sell out your charity events?

00:00:08:17 - 00:00:10:01
Matt Haycox
How do you get people to come?

00:00:10:01 - 00:00:11:18
Matt Haycox
How did you get them to donate big money?

00:00:11:18 - 00:00:13:15
Matt Haycox
Now I've been raising money for charity

00:00:13:15 - 00:00:17:08
Matt Haycox
for six or seven years now. When we put on two or three big events a year

00:00:17:08 - 00:00:19:01
Matt Haycox
and every time I put those events on,

00:00:19:01 - 00:00:20:08
Matt Haycox
we always have great acts.

00:00:20:08 - 00:00:23:07
Matt Haycox
We always have a full house and we always raise loads of money.

00:00:23:07 - 00:00:25:20
Matt Haycox
So people come to me, they say, How do I do that too?

00:00:25:20 - 00:00:27:01
Matt Haycox
And I have a system

00:00:27:01 - 00:00:29:11
Matt Haycox
and I'm going to give it to you today. And it's not complicated,

00:00:29:11 - 00:00:30:11
Matt Haycox
but it is essential

00:00:30:11 - 00:00:32:19
Matt Haycox
that you have a completely different mindset

00:00:32:19 - 00:00:35:00
Matt Haycox
to what you probably would expect to do

00:00:35:00 - 00:00:36:20
Matt Haycox
when it comes to raising money for charity.

00:00:36:20 - 00:00:38:08
Matt Haycox
So follow me with this.

00:00:38:08 - 00:00:39:00
Matt Haycox
Number one,

00:00:39:00 - 00:00:39:23
Matt Haycox
the key thing

00:00:39:23 - 00:00:41:00
Matt Haycox
to appreciate is

00:00:41:00 - 00:00:42:15
Matt Haycox
this is a business and

00:00:42:15 - 00:00:44:18
Matt Haycox
need to think of this as a business

00:00:44:18 - 00:00:46:24
Matt Haycox
and not as a charity. I think when it comes to

00:00:46:24 - 00:00:48:20
Matt Haycox
charity events, when it comes to any kind of

00:00:48:20 - 00:00:50:04
Matt Haycox
raising money for charity,

00:00:50:04 - 00:00:53:07
Matt Haycox
people like to default to the fact that, it's charity.

00:00:53:07 - 00:00:56:12
Matt Haycox
People just do this to me. it's charity. People will just do that for me.

00:00:56:12 - 00:00:57:19
Matt Haycox
And look, there'll always be someone

00:00:57:19 - 00:00:58:17
Matt Haycox
will be soft

00:00:58:17 - 00:01:00:13
Matt Haycox
I'll be generous because it's charity.

00:01:00:13 - 00:01:01:07
Matt Haycox
But ultimately

00:01:01:07 - 00:01:02:14
Matt Haycox
a charity is a business

00:01:02:14 - 00:01:05:02
Matt Haycox
and they are in the business of raising money.

00:01:05:02 - 00:01:09:07
Matt Haycox
And they sometimes have to, though they often have to spend money to raise money.

00:01:09:07 - 00:01:10:13
Matt Haycox
They have to invest in something

00:01:10:13 - 00:01:11:11
Matt Haycox
to get an outcome.

00:01:11:11 - 00:01:13:07
Matt Haycox
And that is what you have to appreciate.

00:01:13:07 - 00:01:15:09
Matt Haycox
So as soon as you start thinking of it as a business

00:01:15:09 - 00:01:16:24
Matt Haycox
and applying the kind of

00:01:16:24 - 00:01:21:19
Matt Haycox
the usual tactics of business, of sales, of marketing, of branding, of providing,

00:01:21:19 - 00:01:24:17
Matt Haycox
customer value, of providing a return on investment,

00:01:24:17 - 00:01:26:18
Matt Haycox
then you'll start to think very differently

00:01:26:18 - 00:01:28:03
Matt Haycox
about how you raise your money

00:01:28:03 - 00:01:30:04
Matt Haycox
and how you get access to the money that you want.

00:01:30:04 - 00:01:30:23
Matt Haycox
Number two,

00:01:30:23 - 00:01:33:00
Matt Haycox
your network is everything.

00:01:33:00 - 00:01:36:20
Matt Haycox
Now, anyone who follows me knows I talk about networking, networking, networking,

00:01:36:20 - 00:01:40:20
Matt Haycox
the importance of building the power network to be able to get the things that you want.

00:01:40:20 - 00:01:41:13
Matt Haycox
And nowhere

00:01:41:13 - 00:01:45:03
Matt Haycox
is that more important than when it comes to raising money for charity.

00:01:45:03 - 00:01:48:16
Matt Haycox
If you don't know anyone, you've got no one to go to to raise money from.

00:01:48:16 - 00:01:54:12
Matt Haycox
when I look at my charity events, you know, if I want to put 200 people in a room, if I want to put 300 people in a room,

00:01:54:12 - 00:01:55:20
Matt Haycox
then I need to go to

00:01:55:20 - 00:01:57:04
Matt Haycox
20, 30, 50

00:01:57:04 - 00:01:58:00
Matt Haycox
key people

00:01:58:00 - 00:01:58:18
Matt Haycox
who I know of.

00:01:58:18 - 00:02:00:02
Matt Haycox
I've got the interest to come

00:02:00:02 - 00:02:03:22
Matt Haycox
who are going to support me because I've been scratching their back at some point in the past.

00:02:03:22 - 00:02:08:06
Matt Haycox
And who have they have the money to come in and the interest to come.

00:02:08:06 - 00:02:12:09
Matt Haycox
And I can only do that because I've been cultivating them in my network.

00:02:12:09 - 00:02:16:10
Matt Haycox
If I didn't know anybody, if I didn't know the right people, I wouldn't be able to get them in.

00:02:16:10 - 00:02:18:06
Matt Haycox
So if you're looking to start

00:02:18:06 - 00:02:21:10
Matt Haycox
do a big charity event tomorrow and you have a zero network,

00:02:21:10 - 00:02:22:11
Matt Haycox
then you're going to be struggling.

00:02:22:11 - 00:02:23:12
Matt Haycox
What you need to be doing

00:02:23:12 - 00:02:25:14
Matt Haycox
is ensuring that you're building your network

00:02:25:14 - 00:02:26:06
Matt Haycox
always.

00:02:26:06 - 00:02:30:00
Matt Haycox
And you know, you may not be ready to put a charity event on now

00:02:30:00 - 00:02:32:22
Matt Haycox
or it may be a small one now and a big when you look at you in the future.

00:02:32:22 - 00:02:35:16
Matt Haycox
But you need to be building your network around you all the time

00:02:35:16 - 00:02:38:01
Matt Haycox
because you're going to need it in the long term.

00:02:38:01 - 00:02:38:22
Matt Haycox
Number three,

00:02:38:22 - 00:02:40:10
Matt Haycox
it's important to understand

00:02:40:10 - 00:02:43:23
Matt Haycox
there's no magic tax advantages when it comes to charity.

00:02:43:23 - 00:02:47:20
Matt Haycox
Now, different countries, you know, depending on where you're watching this, will all have their own little

00:02:47:20 - 00:02:49:17
Matt Haycox
tweaks of of what kind of

00:02:49:17 - 00:02:53:00
Matt Haycox
deductions businesses get or individuals get when they

00:02:53:00 - 00:02:54:15
Matt Haycox
make a donation to charity.

00:02:54:15 - 00:02:56:06
Matt Haycox
But whatever those deductions are,

00:02:56:06 - 00:02:57:14
Matt Haycox
the reality still is

00:02:57:14 - 00:03:00:21
Matt Haycox
people are putting their hand in the pockets and parting with money.

00:03:00:21 - 00:03:03:16
Matt Haycox
Now, I always hear these ludicrous things like,

00:03:03:16 - 00:03:06:10
Matt Haycox
you know, it's really easy to get them to make a charitable donation

00:03:06:10 - 00:03:13:03
Matt Haycox
because, you know, that company makes so much profit. They've got two choices. They either give it to the taxman or they give it to charity,

00:03:13:03 - 00:03:15:15
Matt Haycox
and they'll just give it to charity instead of giving it to the taxman.

00:03:15:15 - 00:03:16:22
Matt Haycox
That's total ballocks, right?

00:03:16:22 - 00:03:19:19
Matt Haycox
Yes. They might have some tax advantages for giving it to charity,

00:03:19:19 - 00:03:20:18
Matt Haycox
but the reality is

00:03:20:18 - 00:03:24:12
Matt Haycox
if they're going to write a check, it's still their own hard earned money.

00:03:24:12 - 00:03:27:03
Matt Haycox
So if you want someone to part with that money,

00:03:27:03 - 00:03:28:19
Matt Haycox
you have to give them a reason why.

00:03:28:19 - 00:03:29:19
Matt Haycox
You have to give them

00:03:29:19 - 00:03:30:12
Matt Haycox
an hour away.

00:03:30:12 - 00:03:31:21
Matt Haycox
A return on the investment

00:03:31:21 - 00:03:33:03
Matt Haycox
now doesn't necessarily mean

00:03:33:03 - 00:03:33:17
Matt Haycox
you have to

00:03:33:17 - 00:03:34:04
Matt Haycox
give them

00:03:34:04 - 00:03:34:24
Matt Haycox
more money

00:03:34:24 - 00:03:36:02
Matt Haycox
than what they've put in,

00:03:36:02 - 00:03:37:10
Matt Haycox
you've got to give them value

00:03:37:10 - 00:03:38:18
Matt Haycox
for the money that they've put in.

00:03:38:18 - 00:03:41:02
Matt Haycox
But that value could be having fun because it's a,

00:03:41:02 - 00:03:43:02
Matt Haycox
a night of great entertainment you're putting on

00:03:43:02 - 00:03:46:00
Matt Haycox
or it could be some emotional ROI because,

00:03:46:00 - 00:03:48:00
Matt Haycox
you know, you are letting them know

00:03:48:00 - 00:03:50:22
Matt Haycox
how many people are helping and how much good them when he's doing

00:03:50:22 - 00:03:51:06
Matt Haycox
different.

00:03:51:06 - 00:03:53:06
Matt Haycox
People have got different triggers

00:03:53:06 - 00:03:55:06
Matt Haycox
and you need to find each person's trigger

00:03:55:06 - 00:03:59:03
Matt Haycox
so that you know what's going to interest them and what's going to look like an hour away for them.

00:03:59:03 - 00:04:00:09
Matt Haycox
But the key is

00:04:00:09 - 00:04:02:06
Matt Haycox
whoever you're trying to take money from

00:04:02:06 - 00:04:05:10
Matt Haycox
when raising money for charity or when putting a charitable event on,

00:04:05:10 - 00:04:07:02
Matt Haycox
you've got to be providing them all ROI.

00:04:07:02 - 00:04:09:04
Matt Haycox
No one's going to do anything just for fun.

00:04:09:04 - 00:04:11:15
Matt Haycox
Number four, when you put new charitable events on,

00:04:11:15 - 00:04:13:03
Matt Haycox
is absolutely essential

00:04:13:03 - 00:04:14:12
Matt Haycox
that you have a great product.

00:04:14:12 - 00:04:18:14
Matt Haycox
know that you provide value, that you provide, fund, that you provide good entertainment.

00:04:18:14 - 00:04:20:15
Matt Haycox
When I set my charity up many years ago,

00:04:20:15 - 00:04:23:05
Matt Haycox
this was actually one of our key key criteria.

00:04:23:05 - 00:04:24:06
Matt Haycox
We said that we're going to have

00:04:24:06 - 00:04:25:09
Matt Haycox
three events a year

00:04:25:09 - 00:04:27:18
Matt Haycox
and we're going to put on these great fun events

00:04:27:18 - 00:04:30:01
Matt Haycox
that people are going to naturally want to come to.

00:04:30:01 - 00:04:35:13
Matt Haycox
Now, I always knew that in the early days I'd be having to lean on my network to, you know, to bring people in.

00:04:35:13 - 00:04:39:17
Matt Haycox
But I always find the problem with charitable events and I get dragged too. Back in the UK

00:04:39:17 - 00:04:40:23
Matt Haycox
is they're always crap.

00:04:40:23 - 00:04:43:21
Matt Haycox
You know, it's a boring event in a boring venue

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Matt Haycox
with

00:04:44:05 - 00:04:45:02
Matt Haycox
poor dinner,

00:04:45:02 - 00:04:50:02
Matt Haycox
usually a crappy auction and the only reason I've gone or the only reason most of the audience have gone

00:04:50:02 - 00:04:55:05
Matt Haycox
is because you know, the person who's putting the event on leaned on us and we've gone to do them a favor.

00:04:55:05 - 00:04:58:18
Matt Haycox
And that's fine. You know, you can even call them favors in the early days,

00:04:58:18 - 00:05:00:20
Matt Haycox
and you can call favors once, maybe twice.

00:05:00:20 - 00:05:04:17
Matt Haycox
But unless you ultimately give the people something that they want to go to,

00:05:04:17 - 00:05:07:06
Matt Haycox
you know, you can only call them those favors so many times.

00:05:07:06 - 00:05:08:13
Matt Haycox
So for me, it was essential

00:05:08:13 - 00:05:11:17
Matt Haycox
that, yes, I was going to I was going to lean on my network.

00:05:11:17 - 00:05:15:09
Matt Haycox
Yes, I was going to call on favors to get people to come in the first place.

00:05:15:09 - 00:05:17:08
Matt Haycox
But I was going to make sure I put a night on

00:05:17:08 - 00:05:19:01
Matt Haycox
that when those people walked in the room

00:05:19:01 - 00:05:20:21
Matt Haycox
when they walked home at the end of the night,

00:05:20:21 - 00:05:25:04
Matt Haycox
they were going, you know what? We had a great night tonight. I can't wait to go again next year.

00:05:25:04 - 00:05:27:15
Matt Haycox
Yes, I did Matt a favor by coming tonight,

00:05:27:15 - 00:05:30:03
Matt Haycox
but I actually really enjoyed it. I've got good value.

00:05:30:03 - 00:05:33:22
Matt Haycox
I've bought a great product, I've had great fun, and I've got some ROI.

00:05:33:22 - 00:05:36:10
Matt Haycox
So that is really, really, absolutely essential. So

00:05:36:10 - 00:05:40:07
Matt Haycox
when you're planning a night, make sure it's going to be a great night. Make sure it's going to be fun

00:05:40:07 - 00:05:43:04
Matt Haycox
because there's so much competition for fun nights out there.

00:05:43:04 - 00:05:43:21
Matt Haycox
And you know, again,

00:05:43:21 - 00:05:45:22
Matt Haycox
what did I say in rule number one?

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Matt Haycox
Remember, this is a business, not a charity.

00:05:47:22 - 00:05:49:07
Matt Haycox
It's very easy to think, well,

00:05:49:07 - 00:05:50:10
Matt Haycox
know, people are just coming

00:05:50:10 - 00:05:53:14
Matt Haycox
because it's a charity. They want to do good. They want to do the right thing.

00:05:53:14 - 00:05:55:12
Matt Haycox
But ultimately, people have only got so many,

00:05:55:12 - 00:05:56:18
Matt Haycox
£70 to go around.

00:05:56:18 - 00:05:57:07
Matt Haycox
And whether they

00:05:57:07 - 00:05:59:04
Matt Haycox
they spend it on going to a charity dinner

00:05:59:04 - 00:06:03:24
Matt Haycox
or whether they want to spend it going to the pub or going to the nightclub or going to the theater or whatever it may be,

00:06:03:24 - 00:06:06:10
Matt Haycox
know, this is your competition. This is what you're up against.

00:06:06:10 - 00:06:07:14
Matt Haycox
So you've got to make sure

00:06:07:14 - 00:06:08:17
Matt Haycox
that what you're offering

00:06:08:17 - 00:06:11:17
Matt Haycox
is as good value and as good fun as possible.

00:06:11:17 - 00:06:12:15
Matt Haycox
Number five,

00:06:12:15 - 00:06:14:19
Matt Haycox
it's great to have celebrities at these events.

00:06:14:19 - 00:06:19:04
Matt Haycox
know, it looks good for the newspapers. It looks good for your marketing material when you want to

00:06:19:04 - 00:06:20:23
Matt Haycox
advertise it again for next year.

00:06:20:23 - 00:06:27:00
Matt Haycox
And it also makes the people who come to the event have a great time as well. Everybody likes to be surrounded by a celebrity,

00:06:27:00 - 00:06:27:22
Matt Haycox
you know, even if it's a

00:06:27:22 - 00:06:30:06
Matt Haycox
couple of Z listers from the latest reality show,

00:06:30:06 - 00:06:31:21
Matt Haycox
it just puts people in a good mood.

00:06:31:21 - 00:06:35:17
Matt Haycox
Now, I've often gone out to PR agencies in the past

00:06:35:17 - 00:06:36:04
Matt Haycox
and said,

00:06:36:04 - 00:06:38:13
Matt Haycox
you know, please, can you bring me X number of celebrities down?

00:06:38:13 - 00:06:41:17
Matt Haycox
And I always get told, yeah, we're going to bring these people, we're going to bring those people.

00:06:41:17 - 00:06:42:14
Matt Haycox
And the reality is

00:06:42:14 - 00:06:43:14
Matt Haycox
they never turn up.

00:06:43:14 - 00:06:45:01
Matt Haycox
Yes. You know, again, every

00:06:45:01 - 00:06:48:09
Matt Haycox
owner of a PR company's got, you know, one favored celebrity.

00:06:48:10 - 00:06:49:06
Matt Haycox
Probably they can

00:06:49:06 - 00:06:51:02
Matt Haycox
call a favor on and drag them down.

00:06:51:02 - 00:06:55:05
Matt Haycox
But if you think that these agencies are going to deliver you ten, 15, 20, 30 celebrities,

00:06:55:05 - 00:06:56:02
Matt Haycox
that's just not.

00:06:56:02 - 00:06:58:03
Matt Haycox
And if you really want to get the celebrities down there,

00:06:58:03 - 00:07:00:15
Matt Haycox
you've got to realize that you need to pay for them.

00:07:00:15 - 00:07:03:05
Matt Haycox
So, again, I always hear people say, well, why won't they come for free?

00:07:03:05 - 00:07:03:16
Matt Haycox
Or, you know,

00:07:03:16 - 00:07:04:14
Matt Haycox
don't want to pay them.

00:07:04:14 - 00:07:05:02
Matt Haycox
Remember,

00:07:05:02 - 00:07:06:01
Matt Haycox
this is a business.

00:07:06:01 - 00:07:07:03
Matt Haycox
Think of it as a business.

00:07:07:03 - 00:07:08:05
Matt Haycox
And as long as you

00:07:08:05 - 00:07:09:21
Matt Haycox
raise more money in the end

00:07:09:21 - 00:07:11:07
Matt Haycox
than you've put in at the beginning,

00:07:11:07 - 00:07:12:14
Matt Haycox
that, you've achieved your job,

00:07:12:14 - 00:07:14:19
Matt Haycox
But you're going to have to make some investments along the way.

00:07:14:19 - 00:07:20:12
Matt Haycox
And these celebrities, you know, they're busy people like anybody else, you know, they don't have to go to your event. They can be going somewhere else.

00:07:20:12 - 00:07:21:11
Matt Haycox
And they also know

00:07:21:11 - 00:07:23:20
Matt Haycox
that their time and their appearance

00:07:23:20 - 00:07:25:15
Matt Haycox
will help you achieve your goals.

00:07:25:15 - 00:07:27:23
Matt Haycox
So they actually do deserve deserve some money.

00:07:27:23 - 00:07:28:11
Matt Haycox
So

00:07:28:11 - 00:07:30:07
Matt Haycox
find a way to build into your budget,

00:07:30:07 - 00:07:31:23
Matt Haycox
a way to pay to pay these people.

00:07:31:23 - 00:07:32:21
Matt Haycox
Once you pay them,

00:07:32:21 - 00:07:34:16
Matt Haycox
you get to know for sure that they're coming.

00:07:34:16 - 00:07:35:20
Matt Haycox
Once you know that they're coming,

00:07:35:20 - 00:07:36:11
Matt Haycox
you can then

00:07:36:11 - 00:07:38:22
Matt Haycox
use that to maybe get your press attention or

00:07:38:22 - 00:07:43:13
Matt Haycox
or to have something extra to put in your press releases or maybe to sell more tables or to sell more tickets.

00:07:43:13 - 00:07:44:23
Matt Haycox
But what you can also do

00:07:44:23 - 00:07:45:21
Matt Haycox
is find a way

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Matt Haycox
to offset the cost of these celebrities

00:07:47:24 - 00:07:50:08
Matt Haycox
so that, again, it becomes an investment

00:07:50:08 - 00:07:51:13
Matt Haycox
as opposed to a cost

00:07:51:13 - 00:07:52:21
Matt Haycox
things I've done in the past

00:07:52:21 - 00:07:54:01
Matt Haycox
is, for example,

00:07:54:01 - 00:07:55:17
Matt Haycox
gone to some of my bigger donors

00:07:55:17 - 00:07:56:08
Matt Haycox
and said, hey,

00:07:56:08 - 00:08:00:01
Matt Haycox
you know, rather than paying, for example, £2,000 for a table,

00:08:00:01 - 00:08:02:04
Matt Haycox
would you like to pay £3,000 for a table?

00:08:02:04 - 00:08:05:01
Matt Haycox
And I'll put your favorite celebrity on your table for you.

00:08:05:01 - 00:08:07:02
Matt Haycox
so many people say yes to that kind of thing.

00:08:07:02 - 00:08:07:14
Matt Haycox
And

00:08:07:14 - 00:08:09:02
Matt Haycox
that celebrity still in the room

00:08:09:02 - 00:08:12:14
Matt Haycox
and you've effectively then been able to offset the cost of it onto somebody else.

00:08:12:14 - 00:08:15:07
Matt Haycox
I've done things where I've booked a load of podcasts

00:08:15:07 - 00:08:16:19
Matt Haycox
on the day of the charity event,

00:08:16:19 - 00:08:19:10
Matt Haycox
so that's given me an excuse to be able to have some budget

00:08:19:10 - 00:08:21:11
Matt Haycox
to hire celebrities, to book them for something else.

00:08:21:11 - 00:08:23:21
Matt Haycox
But I've said, look, in return for booking for the podcast,

00:08:23:21 - 00:08:25:18
Matt Haycox
I expect you to stay along in the evening

00:08:25:18 - 00:08:27:05
Matt Haycox
and attend the charitable events.

00:08:27:05 - 00:08:28:14
Matt Haycox
this is all different ways to

00:08:28:14 - 00:08:30:17
Matt Haycox
sell it yourself, to justify it to yourself

00:08:30:17 - 00:08:32:22
Matt Haycox
or to get money in the pot.

00:08:32:22 - 00:08:36:00
Matt Haycox
But the key is, if you want celebs expect to pay for them.

00:08:36:00 - 00:08:37:19
Matt Haycox
Don't expect anyone to turn up for free.

00:08:37:19 - 00:08:38:15
Matt Haycox
number six,

00:08:38:15 - 00:08:40:04
Matt Haycox
think long term

00:08:40:04 - 00:08:44:03
Matt Haycox
I'm going to keep going back to what I said at the beginning, that this is a business. This is a business.

00:08:44:03 - 00:08:46:04
Matt Haycox
And you're hopefully not just going to be putting on

00:08:46:04 - 00:08:47:05
Matt Haycox
one charity event

00:08:47:05 - 00:08:48:22
Matt Haycox
tonight or whatever it is.

00:08:48:22 - 00:08:49:20
Matt Haycox
You're going to be doing this

00:08:49:20 - 00:08:51:01
Matt Haycox
multiple times a year

00:08:51:01 - 00:08:52:06
Matt Haycox
for many years to come.

00:08:52:06 - 00:08:53:19
Matt Haycox
So you need to think long term.

00:08:53:19 - 00:08:55:24
Matt Haycox
Too often people get caught up in the,

00:08:55:24 - 00:08:59:19
Matt Haycox
know, I want to take money off everybody tonight and think very short term

00:08:59:19 - 00:09:00:05
Matt Haycox
where

00:09:00:05 - 00:09:02:06
Matt Haycox
what you're very often better doing

00:09:02:06 - 00:09:04:18
Matt Haycox
is inviting some people along for free

00:09:04:18 - 00:09:05:12
Matt Haycox
and thinking

00:09:05:12 - 00:09:07:03
Matt Haycox
if I get them in the room tonight

00:09:07:03 - 00:09:08:08
Matt Haycox
and they enjoy themselves,

00:09:08:08 - 00:09:10:24
Matt Haycox
they could be a paying customer for me for next year.

00:09:10:24 - 00:09:12:21
Matt Haycox
So do that. Think long term, think

00:09:12:21 - 00:09:14:06
Matt Haycox
Who can I invite for free?

00:09:14:06 - 00:09:15:21
Matt Haycox
Who can I give a discount to?

00:09:15:21 - 00:09:17:23
Matt Haycox
know, who is going to benefit me in the long term

00:09:17:23 - 00:09:19:20
Matt Haycox
if I'm going to have a long term commitment

00:09:19:20 - 00:09:21:07
Matt Haycox
to this charitable fundraising?

00:09:21:07 - 00:09:22:01
Matt Haycox
Number seven,

00:09:22:01 - 00:09:24:01
Matt Haycox
don't get caught up in the ticket price.

00:09:24:01 - 00:09:26:02
Matt Haycox
Now, I don't know what kind of particular events

00:09:26:02 - 00:09:27:19
Matt Haycox
each of you watching this is putting on.

00:09:27:19 - 00:09:33:10
Matt Haycox
I used to do quite high end events. We have, you know, big celebrity singers, We'd have gala dinners, etc.

00:09:33:10 - 00:09:35:11
Matt Haycox
and the ticket prices were usually high.

00:09:35:11 - 00:09:36:09
Matt Haycox
But sometimes,

00:09:36:09 - 00:09:37:22
Matt Haycox
when you working out your budget,

00:09:37:22 - 00:09:38:21
Matt Haycox
you think, well,

00:09:38:21 - 00:09:40:18
Matt Haycox
it costs me this to put the event on

00:09:40:18 - 00:09:43:09
Matt Haycox
and I therefore need to sell it to sell the tables

00:09:43:09 - 00:09:45:13
Matt Haycox
for this price to be able to make money

00:09:45:13 - 00:09:46:22
Matt Haycox
on what it's cost to put it on.

00:09:46:22 - 00:09:48:20
Matt Haycox
Now there's more than one way to skin a cat.

00:09:48:20 - 00:09:52:06
Matt Haycox
What's most important is to get the people in the room in the first place,

00:09:52:06 - 00:09:55:08
Matt Haycox
So you've got that captive audience so that you can start to

00:09:55:08 - 00:09:56:17
Matt Haycox
start to show them you're

00:09:56:17 - 00:10:01:08
Matt Haycox
you're moving cases, you're emotionally charged cases that you want to raise money for,

00:10:01:08 - 00:10:03:07
Matt Haycox
then get money off of them in different ways.

00:10:03:07 - 00:10:06:02
Matt Haycox
So just remember, there's more than one way to skin the cat.

00:10:06:02 - 00:10:07:09
Matt Haycox
Don't worry. If

00:10:07:09 - 00:10:10:00
Matt Haycox
you might think, for example, you need £100 a ticket,

00:10:10:00 - 00:10:13:20
Matt Haycox
but people are only willing to pay 55, 60, £70 a ticket

00:10:13:20 - 00:10:15:08
Matt Haycox
get the people through the door.

00:10:15:08 - 00:10:16:15
Matt Haycox
When you've got them through the door,

00:10:16:15 - 00:10:17:20
Matt Haycox
there's so many other ways

00:10:17:20 - 00:10:19:03
Matt Haycox
to then take money off them.

00:10:19:03 - 00:10:23:01
Matt Haycox
The hardest sell is that first sell, getting them in there. But once in the room

00:10:23:01 - 00:10:24:00
Matt Haycox
and you can do

00:10:24:00 - 00:10:28:01
Matt Haycox
games, raffles, tombola auctions, all kinds of other different things,

00:10:28:01 - 00:10:30:04
Matt Haycox
that's when you can start to really make your money up.

00:10:30:04 - 00:10:32:22
Matt Haycox
And also during this time as well, the people put out a drink,

00:10:32:22 - 00:10:35:15
Matt Haycox
they've got their, the mates around them gene them along.

00:10:35:16 - 00:10:38:15
Matt Haycox
They're getting competitive with all the tables, with other individuals,

00:10:38:15 - 00:10:41:11
Matt Haycox
20 or £30 ahead that you may have lost

00:10:41:11 - 00:10:43:01
Matt Haycox
in inverted commas on the way in.

00:10:43:01 - 00:10:45:19
Matt Haycox
You can probably make that up ten X on the way out

00:10:45:19 - 00:10:47:13
Matt Haycox
just by having the right people around

00:10:47:13 - 00:10:48:07
Matt Haycox
number eight.

00:10:48:07 - 00:10:50:02
Matt Haycox
Advertising only works

00:10:50:02 - 00:10:51:14
Matt Haycox
if you've actually got something

00:10:51:14 - 00:10:53:02
Matt Haycox
that somebody wants to buy.

00:10:53:02 - 00:10:55:14
Matt Haycox
Now, I often see charitable events advertised

00:10:55:14 - 00:10:58:24
Matt Haycox
and I look at the thing that is just a total waste of advertising money

00:10:58:24 - 00:11:00:14
Matt Haycox
or advertising time

00:11:00:14 - 00:11:02:09
Matt Haycox
if people have got a deal in advertising.

00:11:02:09 - 00:11:05:08
Matt Haycox
Because when I look at the events, I just think it's just a really crap event

00:11:05:08 - 00:11:06:16
Matt Haycox
and no one's going to want to come.

00:11:06:16 - 00:11:07:01
Matt Haycox
So

00:11:07:01 - 00:11:09:08
Matt Haycox
I'm going to keep going back to what I've been saying along the way.

00:11:09:08 - 00:11:10:11
Matt Haycox
Think of it as a business.

00:11:10:11 - 00:11:15:00
Matt Haycox
Think of providing value to your customers. Of all the one on the money, the money that they put in.

00:11:15:00 - 00:11:17:02
Matt Haycox
So if you're going to go out there and advertise,

00:11:17:02 - 00:11:17:24
Matt Haycox
make sure

00:11:17:24 - 00:11:18:22
Matt Haycox
you've got something

00:11:18:22 - 00:11:20:05
Matt Haycox
worth advertising.

00:11:20:05 - 00:11:21:02
Matt Haycox
Number nine,

00:11:21:02 - 00:11:23:09
Matt Haycox
charge as much as you possibly can.

00:11:23:09 - 00:11:26:07
Matt Haycox
Now, I know this slightly contradicts what I was saying a few minutes ago

00:11:26:07 - 00:11:30:13
Matt Haycox
about don't get caught up on the ticket price because there's more than one way to skin a cat

00:11:30:13 - 00:11:30:21
Matt Haycox
now.

00:11:30:21 - 00:11:32:02
Matt Haycox
Yes, I'm absolutely. Yes.

00:11:32:02 - 00:11:36:23
Matt Haycox
But the more you can get away with charging, the better. And it also doesn't have to be on the ticket price

00:11:36:23 - 00:11:41:02
Matt Haycox
and it could be on the raffle or tombola on the auction, whatever it may be.

00:11:41:02 - 00:11:42:04
Matt Haycox
Like any business,

00:11:42:04 - 00:11:42:21
Matt Haycox
the more you can

00:11:42:21 - 00:11:46:13
Matt Haycox
charge, the bigger margins are going to be, the bigger your profit is going to be,

00:11:46:13 - 00:11:52:15
Matt Haycox
the more you're going to have to invest in other things or to alter or to give to the charities that you're looking to support.

00:11:52:15 - 00:11:54:21
Matt Haycox
So it's essential to be able to charge

00:11:54:21 - 00:11:56:02
Matt Haycox
as much as possible.

00:11:56:02 - 00:11:58:18
Matt Haycox
I think also people normally fail on the back foot

00:11:58:18 - 00:11:59:15
Matt Haycox
and they think, well,

00:11:59:15 - 00:12:00:16
Matt Haycox
this is only worth,

00:12:00:16 - 00:12:02:01
Matt Haycox
for example, a fiver.

00:12:02:01 - 00:12:04:06
Matt Haycox
So that's what I'm going to charge it out there. But

00:12:04:06 - 00:12:06:07
Matt Haycox
listen, when you've got these people in the room,

00:12:06:07 - 00:12:11:19
Matt Haycox
they don't look at the price, they're looking at the value, they're looking at the fact that they're having a good night.

00:12:11:19 - 00:12:15:02
Matt Haycox
So if you think something was worth a fiver, John, charge a tenner.

00:12:15:02 - 00:12:17:12
Matt Haycox
If you think it was worth a tenner. John, charge 20 quid.

00:12:17:12 - 00:12:19:02
Matt Haycox
Don't be shy to charge

00:12:19:02 - 00:12:19:23
Matt Haycox
number ten,

00:12:19:23 - 00:12:21:07
Matt Haycox
the 8020 rule.

00:12:21:07 - 00:12:24:12
Matt Haycox
Now, I'm sure you've all heard of the 8020 rule. You know, whether that's

00:12:24:12 - 00:12:25:11
Matt Haycox
80% of your

00:12:25:11 - 00:12:28:01
Matt Haycox
sales come, 20% of your customers or

00:12:28:01 - 00:12:29:01
Matt Haycox
80% of your

00:12:29:01 - 00:12:33:00
Matt Haycox
profits come from, you know, 20, 20% of your customers, whatever it may be.

00:12:33:00 - 00:12:37:09
Matt Haycox
But this is as relevant in charity events as it is in anything else.

00:12:37:09 - 00:12:41:20
Matt Haycox
And you'll normally find on any big night in any charitable event,

00:12:41:20 - 00:12:45:23
Matt Haycox
most of your money comes from two or three big donors.

00:12:45:23 - 00:12:46:08
Matt Haycox
Now

00:12:46:08 - 00:12:48:13
Matt Haycox
they may be the same ones time and time again.

00:12:48:13 - 00:12:50:06
Matt Haycox
may differ from night to night,

00:12:50:06 - 00:12:55:05
Matt Haycox
but they'll always be two or three key people who generate most of your money for you.

00:12:55:09 - 00:12:56:11
Matt Haycox
What you need to do

00:12:56:11 - 00:12:57:15
Matt Haycox
is, first of all,

00:12:57:15 - 00:12:59:23
Matt Haycox
try and identify those people in advance.

00:12:59:23 - 00:13:02:16
Matt Haycox
So you can make sure that you've definitely got them in on the night.

00:13:02:16 - 00:13:06:04
Matt Haycox
If you didn't know them in advance and you see them starting to perform on the night,

00:13:06:04 - 00:13:10:14
Matt Haycox
then you need to start to bond with them so you can nurture them as the night goes on.

00:13:10:14 - 00:13:12:05
Matt Haycox
And when you found them on that night,

00:13:12:05 - 00:13:14:09
Matt Haycox
make sure that you build relationships with them

00:13:14:09 - 00:13:17:11
Matt Haycox
to keep them going forward. For event after event after event.

00:13:17:11 - 00:13:20:13
Matt Haycox
All these charities, they have whole departments who were

00:13:20:13 - 00:13:21:05
Matt Haycox
just there

00:13:21:05 - 00:13:21:20
Matt Haycox
just to

00:13:21:20 - 00:13:26:07
Matt Haycox
look after, find and nurture relationships with super high net worth individuals.

00:13:26:07 - 00:13:32:20
Matt Haycox
You're going to get a lot more money from, you know, two or three key high net worth than you're going to get from two or 300.

00:13:32:20 - 00:13:34:01
Matt Haycox
little people along the way.

00:13:34:01 - 00:13:36:01
Matt Haycox
You need the two or three people because they

00:13:36:01 - 00:13:38:11
Matt Haycox
it's all money, it all adds up and they paid the event out.

00:13:38:11 - 00:13:40:21
Matt Haycox
your real money is going to come from two or three

00:13:40:21 - 00:13:41:15
Matt Haycox
key donors.

00:13:41:15 - 00:13:42:19
Matt Haycox
So just like in business,

00:13:42:19 - 00:13:45:08
Matt Haycox
think of them as your key customers or your key investors

00:13:45:08 - 00:13:45:24
Matt Haycox
who need

00:13:45:24 - 00:13:49:00
Matt Haycox
time, love and attention spent so that you can nurture them

00:13:49:00 - 00:13:49:19
Matt Haycox
and make sure

00:13:49:19 - 00:13:50:22
Matt Haycox
that they pay dividends.

00:13:50:22 - 00:13:52:15
Matt Haycox
Events after event after event.

00:13:52:15 - 00:13:53:13
Matt Haycox
So there you have it.

00:13:53:13 - 00:13:54:11
Matt Haycox
Ten steps

00:13:54:11 - 00:13:55:07
Matt Haycox
to sell out

00:13:55:07 - 00:13:56:02
Matt Haycox
and make money

00:13:56:02 - 00:13:58:04
Matt Haycox
from a charity event every single time.

00:13:58:04 - 00:14:00:16
Matt Haycox
I promise you these ten steps are the ten steps

00:14:00:16 - 00:14:01:03
Matt Haycox
that I've

00:14:01:03 - 00:14:03:05
Matt Haycox
employed time and time and time again

00:14:03:05 - 00:14:06:20
Matt Haycox
it comes to putting on my events. And if you do it, you'll have the same success

00:14:06:20 - 00:14:07:16
Matt Haycox
that I do too.

00:14:07:16 - 00:14:08:18
Matt Haycox
The big key is

00:14:08:18 - 00:14:10:01
Matt Haycox
don't think of it as a charity.

00:14:10:01 - 00:14:11:04
Matt Haycox
Think of it as a business.

00:14:11:04 - 00:14:13:11
Matt Haycox
It's just that the profits you make from your business,

00:14:13:11 - 00:14:16:13
Matt Haycox
you're going to be giving giving to charity you're going to be doing good with.

00:14:16:13 - 00:14:17:21
Matt Haycox
But you still need to apply

00:14:17:21 - 00:14:19:12
Matt Haycox
all those principles of sales,

00:14:19:12 - 00:14:20:24
Matt Haycox
marketing, distribution,

00:14:20:24 - 00:14:23:11
Matt Haycox
adding value and providing a great ROI

00:14:23:11 - 00:14:24:08
Matt Haycox
for your clients.

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