Elevated Philanthropy

Belief #3: Winner Takes All

There are no participation trophies in Impact Club.

We believe high-stakes competition is the best way to incentivize charitable founders to get really good, really fast, at crafting, telling, and presenting their story. This “StoryEngine” is what causes more money to flow to that charity in the future. Following in the XPRIZE’s footsteps, Impact Club employs a winner takes all model.

Peter Demandis, an Elon Musk-type entrepreneur and founder of XPRIZE, put this on his website: “We believe in the power of competition. That it’s part of our DNA. Of humanity itself. That tapping into that indomitable spirit of competition brings about breakthroughs and solutions that once seemed unimaginable. Impossible. We believe that you get what you incentivize. And that without a target, you will miss it every time. Rather than throw money at a problem, we incentivize the solution and challenge the world to solve it.”

The solution, in the world of fundraising, is to create a powerful “StoryEngine.” Impact Club, therefore, is a highly leveraged, incentivized competition that pushes charitable founders to present the best story. It’s not enough to just “do good things.” To earn the investment of Impact Club, that charity, their founder or representative, must also be able enunciate it through a powerful story. And the high stakes format, “Winner Takes All,” is the massive incentive for the 3 selected charities to get really good, really fast, at crafting and telling that story. Which requires extreme commitment. Not to mention, a deep understanding about the real industry that they are in.

Hint: It’s not the charity business. It’s the storytelling business.

So, build your Engine!

Ryan Fletcher
Co-Founder, CEO, Head of Community

After 47 rejections from medical school, Fletcher realized his failure. He couldn’t inspire the admissions committee. This painful lesson, having never gotten accepted, led him on a journey to discover how words could be used to inspire. As a storyteller, he launched businesses, transformed businesses. Built communities. Then shared what he learned with others. Impact Club, working with those he collaborated with, got its genesis from that decade long journey. Now, to the best of his ability, Fletcher represents the interests of his co-founders and thousands of Impact Club members around the world.