Chad Norman's Webby Things : Whuffie

Power to Your Peeps! Why Real-time Fundraising with Twitter Works

Chad Norman — Tue, 26 May 2009 16:22:00 GMT

I dig speaking at nonprofit conferences and events, and one of my favorite topics to cover is the real-time use of social media. It's the perfect mix of emerging technologies, social media, communities, and the web - some of my favorite things.

The conversations inevitably get stymied around Twitter - which is no surprise, as every nonprofit is trying to figure out what the tool means for them. A channel for promoting your mission? A monitor for listening to chatter about your cause? A way to connect your org to your community? It's all of those things, but it's also something else: a real-time fundraising tool!

Raising money on Twitter is happening all the time. Beth Kanter stood on stage at Gnomedex and used Twitter to help raise $2,657 in 90 minutes. Last November, Tweetsgiving used Twitter to raise over $10,000 in 48 hours for a school in Tanzania. And just last month, I used Twitter to raise $350 in a couple hours to help send the NTEN staff out for a relaxing excursion. These examples show just some of the ways Twitter can enable real-time fundraising. Clearly it works...but why?

Tara Hunt calls it Whuffie. Chris Brogan calls it the Trust Economy. I call it the Deep Network. Real-time fundraising works because of social capital...because we tend to trust the people in our network. When an org sends an email, the open rate can be low - but when a person sends an email to friends, the open rate is 90%! This is because of trust, and works the same way with Twitter or any other people-based network. When we build up large, diverse networks consisting of supporters, friends, and peers, we are creating a bank of trust to draw upon when needed. When it comes time to ask your network for something, they will not need the time to interpret your motivation - because they know you and your org. And some will be ready to act...right then!

So use Twitter for listening, communicating, and promoting, but don't overlook the platform as a vehicle for real-time action. Build your network around mutual trust, a sense of community, and personal attention. If you've taken the time to cultivate a trusting, loyal, and engaged following, you should be able to turn that social capital into financial capital - and in a hurry if need be. After all, when you're among friends, it's never hard to ask!

15 Clay Shirky Quotes That Blew My Mind at NTC

Chad Norman — Mon, 27 Apr 2009 22:23:00 GMT

I had been looking forward to Clay Shirky's plenary at the 2009 Nonprofit Technology Conference for a while, and he did not let me down. Keeping in theme with his almost dead-on resemblance to Tom Hanks, his words/message/thoughts resonated around the room like Forest Gump on the steps of the Lincoln Memorial. Had the WiFi in the room not gone down, I am almost certain Twitter would have collapsed under the weight of our collective epiphanies.

If you haven't read Clay's book Here Comes Everybody: The Power of Organizing Without Organizations, be sure to take a look. It's required reading for anyone working with online communities and social capital, and his talk today took the book's concepts to a new level. I mean, after the debut of NTEN executive director Holly Ross's Beyonce tribute video, I thought it couldn't get any better. It did.

There were a few people Qiking the talk, and I'm pretty sure NTEN recorded it as well, so hopefully you'll have a chance to check out the whole thing soon. In the mean time, here are 15 quotes from this morning that absolutely blew my mind. I realize they are totally out of context, but like a fortune cookie they may bring you valuable insight. Enjoy!

"The loss of control you fear is already in the past."

"We're not good at thinking fast. We are good at feeling fast."

"Tools don't get socially interesting until they get technologically boring."

"Once one person solves the problem once, the problem stays solved for everybody."

"The intention of users has more impact than the intention of the designers."

"Each of us is simultaneously an individual person and a global publisher."

"Start small and good, then make it bigger."

"We spend more time figuring out whether something is a good idea than we would have just trying it."

"Don't hire consultants. Hire your own 23-year-olds."

"Just take our organization and add some Internet."

"It's not just about delivering content to members, it's about the convening power to help members discover each other."

"Fail informatively - Fail like crazy."

"My guess is that the high water mark of Facebook's universality has passed."

"Nothing says dictatorship like arresting people for eating ice cream. The problem wasn't the ice cream, it was the group."

"I was just making things up."