Fundraising for Nonprofits

Inspiring Gifts that Transform

Wednesday, August 22, 2007

Getting to know LinkedIn

Turned down an interview last week to lead up a $45 million capital campaign for one of San Francisco’s leading nonprofits. The inquiry came because of my profile on LinkedIn, the Internet's leading professional business networking website. Figuring that 12 million users couldn’t be wrong, I had only created my free account on the service less than a month ago.

Though LinkedIn has a reputation for being dominated by the tech industry, I think perhaps those of us working in nonprofit fundraising can also benefit from its use. One of the core principles of successful fundraising is “you already know everybody you need to know to raise money.” Amongst my colleagues the common joke is you know your campaign is headed for trouble when your Board President suggests soliciting Bill Gates, but hasn’t yet asked any of her friends for support.

But the truth is, if you are a skilled networker, you can actually reach Bill Gates -- or anybody else you want to -- because network theory states that we are all only six degrees of separation from anyone on the planet. The trick is to start from where you are and with whom you know and, and then work you’re way out. Used wisely, LinkedIn can be a practical tool for building these connections. For example, in less than one month, I now have 202 first degree connections, over 4,000 second degree connections, and over 250,000 third degree connections on LinkedIn.

To use LinkedIn to build your own business network, here are a couple of recommended first steps:
  1. Be proactive: Sign up for a free account
    Paid accounts allow subscribers to ask for introductions and send emails to users more widely throughout the LinkedIn community. Yet with a free subscription you have access to the vast majority of the sites networking tools, and is what I recommend. You can always upgrade at a later date.

  2. Invest in learning: Take the tour
    LinkedIn has a lot of depth and features, which can be intimidating at first. Review the site FAQs. A quick Google search for LinkedIn tips can be helpful too; one of my favorites is this short video.

  3. Promote yourself: Keep an up to date profile
    I can’t stress this enough. The more detail you provide the greater number of ways you can be discovered, linked to and receive recommendations. Include not only current and past employment, but also your volunteer and education history. Be sure to include company or personal website or blog URL. Update the provided public profile URL to include your full name to increase search results. Stress your accomplishments and skills in the summary description. Expand your interest area to include searchable key words. Don’t forget to add a formal or informal group affiliations, honors and awards. Think of your LinkedIn page as your online, dynamic resume. My listing now comes up as the third result under a Google search of my name.

  4. Build your network: Invite your friends to join LinkedIn
    The site offers several easy tools for importing your current address book into their system. Basic networking theory would suggest you invite everyone you’ve ever come in contact with, but in a world of increasing email spam, a little grace goes a long way. So my advice would be to certainly extend an invitation to all current users of the system whom you know. Then segment the rest of your address book, sending invitations to join to those to whom you are close or who have demonstrated an interested in business networking. After you’ve built up your personal network and have something more to offer, then send out personalized invitations to others describing the benefits of joining the service.

  5. Spread the love: Give it all away
    Every successful networker knows that if you want to succeed in life, the best way to go about that is by helping others succeed first. Like fundraising, it should be a practice of giving without keeping score. On LinkedIn one of the easiest ways to get started is to recommend your connections. No one wants to receive insincere flattery, but being the recipient of honest, specific praise makes life worth living. For more such tips, read Tim Sanders' Love is the Killer App.

  6. Keep connected: Tell me what you think
    If you’ve been on LinkedIn for a while, I’d love to get your feedback in the comments below; and if you’re a reader of this blog, I’d love to keep connected to you. You can send me an invitation through LinkedIn at gayle[at]gayleroberts[dot]com.

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18 Comments:

At 9:19 PM , Blogger Unknown said...

Excellent synopsis on the multiplier effect networking services like LinkedIn provide! LinkedIn seems to be best of breed for profesh type endeavours. Anyways, were you a journalist in a former life, Gayle?

 
At 9:40 PM , Blogger Gayle said...

Thanks for the props. Actually, I was, for a very, very small community arts newspaper. But that's another story.

 
At 9:50 PM , Blogger Rachel Medanic said...

Don't forget LinkedIn for Good- an odd sort of tacked on donation site LinkedIn has started:

http://www.linkedin.com/static?key=groups_giving

The key is the badges for causes you care about- not sure if they just have badges for those 8 groups on that page or if you can create custom ones. It definitely needs to go to the next level.

 
At 11:04 PM , Blogger Gayle said...

Thanks for the tip.

 
At 7:28 AM , Anonymous Anonymous said...

Would it be helpful in fundraising for non-profits to be able to target certain companies or industries? If so -- warning self-serving plug here -- you might want to check out the company I work for spoke.com. It's a professional networking site that lets you look for job titles, companies and industries and network to them.

Really sorry if this isn't useful as I don't mean to spam anyone here.

 
At 12:29 PM , Blogger Rosetta Thurman said...

Hi Gayle,
Love your blog! This is a great post about LinkedIn, which I just started using a lot in the past few months. For me as a fundraiser and nonprofit professional, it does help me keep track of all the people I meet at conferences, etc. so I can network with them more effectively, especially folks not in my geographic area. I also use it as my online resume.

 
At 2:40 PM , Blogger Gayle said...

Thanks for stopping by Rosetta. Glad to hear you are enjoying LinkedIn. Let's stay connected.

 
At 12:40 PM , Blogger All Things Jennifer said...

Very good to know, I've been building up my network and now have a reason to use it...looking for another job. Thank you!

 
At 8:48 AM , Blogger Amy Kincaid said...

Gayle, thanks for this experience-based post. As you know, I recently blogged about social networking (mostly about my feeling out of the loop on it, but acknowledging my curiosity). My fears are still all about this: will joining these things spiral my (working) networks out of control?? I'm afraid I don't have room in my brain and worktime for more contacts! Did you see the piece in the Wash Post last week about the popular guy who just delegated his MySpace or Facebook page to an intern?!

 
At 9:50 AM , Blogger Gayle said...

Amy, thanks so much for stopping by and contributing to the conversation.

Yes, I fully agree with you. Most of us today feel overwhelmed already by all our responsibilities and obligations. Keeping up our networks is just one of many challenges.

Yet, the older I get the more I come back to an equation that I learned a few years ago. Success = Relationships + Process + Results. Particularly in today's world, the question is not to network or not, but how to do so most effectively.

I'm still new to LinkedIn and am learning the ropes. But I think it is a tool that will help me build, enhance and deepen my relationships with those I know. It's not a social networking site like the other two you mention, but a business networking service. My hope is that it will help me be more effective in managing my relationships, and perhaps actually save me time.

A lot of busy executives already delegate their email inboxes to their assistants. Frankly, I don't see much different here. Would it be so far a stretch to say that many of my clients delegate their grantwriting to me, but they still are the one's maintaining the relationship with the funder? This is just a management issue, one that doesn't bother me.

 
At 9:29 PM , Anonymous Anonymous said...

Hi Gayle,

I'm curious about whether you would recommend Linkedin for someone not in a network. I'm a nonprofit professional, but as I don't work in the US, there wouldn't be many (if any) networked connections on my profile because I don't have a professional circle. Would this be viewed as detrimental?

I've read a lot about Linkedin versus Facebook, and started a Facebook profile recently as a result-- although I've yet to mine the full possibilities.

Thanks for this great entry with your model Linkedin profile-- which provides a really nice example of what can be done. I look forward to hearing your thoughts further.

Best,

Maya Norton

The New Jew: Blogging Jewish Philanthropy
www.TheNewJew.wordpress.org

 
At 11:28 AM , Blogger Gayle said...

Hi Maya,

To be visible to a reasonable size group of people on LinkedIn through the search function, they recommend that each subscriber have at least 2 dozen or so members in their own personal network. That’s probably a pretty good target.

Remember in networking part of the strategy is having people connected to you who are outside of your field or are “weak links” to you. For if you only connect together people in your field who you have strong connections, you don’t break out of the limits of your current community. So even if you don’t think you have a professional circle, I wouldn’t see that as a barrier. Colleagues, friends, family and acquaintances are all good network prospects.

If you wish to develop more professional circle, LinkedIn might be of help. As you meet people, online and off, you can invite them to join your network. Using LinkedIn’s various features, you can also find others with similar interests within the system. I personally find that it our work is impossible to do without such a network of support.

Ultimately, LinkedIn’s just a tool for tracking these relationships, not building them. The real key is how do you cultivate or steward them along. This will require effort and time on your part, whether you use an online service or not.

Transforming online connections into real world relationships is goal for many, but even when that isn’t possible, a well nurtured virtual network can provide a pool to turn to for guidance and advice. Never a bad thing to have in your pocket.

 
At 3:09 PM , Blogger JibberJobber Guy said...

This is a great story, and excellent advice! I had a hard time getting started on LinkedIn last year but I know there is immense value. Your post shows that! Kudos!

Jason Alba
Author - I'm on LinkedIn -- Now What???

 
At 8:02 PM , Anonymous Anonymous said...

like most other social networking and "connecting sites" its all about relationship building just like development is all about relationship building--

 
At 11:23 AM , Anonymous Anonymous said...

Yes, I agree with Gayle that Linked-In can be a powerful networking tool. In my capacity as a Marketing Consultant, working with non-profits and emerging companies, I have used Linked In on many occasions. I also have encouraged my group of non-profit consultants at CVNL to get Linked - no excuses, it's free! Personally, I have used Linked In to network with friends and business associates, and mine their databases of contacts. I also try to keep my profile up to date. Every time you update your profile your name pops up in your network as having been 'updated' and therefore keeps your name 'top of mind'. Good luck! Abigail Fisher

 
At 11:35 AM , Blogger Gayle said...

Big thanks to everyone for your comments on this post. Much appreciated!

 
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