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Talking Fundraising with Steve Novak (#015)
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Steve Novak is currently a Senior Philanthropic Advisor for Boston College. He's spent the past 21 years working in fundraising for BC after starting as an intern.
This conversation covers not only fundraising but economics, finance, college athletics, and why people and relationships are of the utmost importance. Grab your notebook because this episode will teach you something, whether it's about creating unique experiences or how to ask for millions of dollars.
Timestamps
(1:47) Steve's atypical career path in the sports industry
(3:28) Purpose of fundraising in college sports
(6:00) Athletic department revenues compared to expenses
(8:35) Importance of flexibility in fundraising
(10:58) Unique financial aspects of fundraising
(18:34) How athletics is all about experiences
(24:15) How to make the ASK
(29:23) Making an effort to understand people, and the qualities of successful fundraisers
(35:04) Reading
(38:05) 25th hour
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