WE HAD OUR FIRST FUNDRAISER CALLED HOPS N JOHNS (beer + toilets)!
So 8 months ago, I really had no concept about business or about finances. Luckily, we have been blessed by the incredible Georgia Tech community and have been financially supported through grants and competition winnings thus far in addition to in-kind donations from a series of incredible individuals! Seriously. We exist today because we stand on the shoulders of an amazingly supportive GT and Atlanta based network (also including people from around the world) that has made all of what we have accomplished thus far possible.
As we have advanced in our business development plan led by our incredible GT MBA grad, Alex Dorman, we have realized the need for understanding our long terms financial strategy. We currently exist as a for profit in the form of an LLC with the intention of being able to make greater impact faster and more sustainably. However, we are still very much in our research and design phase of development and are a social startup needing to sustain itself through our field tests in order to grow.
The reality of this “chicken or the egg” situation (where we needed money to continue proving our product but needed our product to qualify for more money) that we found ourselves came just as we were approached by our long time friends World Water Relief (I actually interned for them in 2012 and have grown to really love them) about having a joint fundraiser together tapping into our two different pools of supporters to help each other in our comparable missions. World Water Relief is committed to providing long-term sustainable water projects in the Dominican Republic and Haiti.
This was an incredible opportunity for all of us to learn what is really takes to put on a fundraiser with the help of an incredible support team at World Water Relief. Between meeting all around the city to being flexible to student schedules and availability, it was such a great experience working with Donna and Christie.
After months of planning and advertising in press releases and koozies, April finally came and our event was a hit! We had a great food selection provided by Southbound Restaurant and drinks were sponsored by another Georgia Tech startup called Second Self. We had Miss Georgia 2014 and a GT male acapella group perform in addition to having a silent auction. I am so thankful for the incredible experience and for everyone that came out to support our WASH related missions.
THANK YOU SO MUCH EVERYONE FOR MAKING OUR FIRST FUNDRAISER A SUCCESS!