Financial Literacy 101 - Grassroots Soccer Clubs.

#GrassRootSoccerClubs #SelfSustainability The Power of Your Numbers In Generating Your Own Funds. #ParadigmShift Are you a grassroot soccer club with a membership of around 30 players who regularly attend the weekly training sessions? 

If the answer is yes, here is a formula for generating your own funds based on the power of your numbers. Ok, let me share this with you because information is power. Using your existing structures start by setting your yearly financial goal then start. 

By the way, does your club have a yearly financial goal? Or things are just being done on a need basis and ad-hoc manner? I believe grassroots clubs and initiative can be run professionally even if they don't have all the necessary resources. Having a few individuals pay for everything isn't a sustainable model because when they pull out many clubs are left confused than before and some clubs end up breaking. We need to encourage the spirit of ownership whereby everyone contributes towards a bigger goal that will help the club be sustainable using its own resources. 

In my model, I'm thinking of each member contributing the smallest unit that everyone can afford per day, I'm of the opinion that everyone can afford Kes 5 - 10 per day. Ok, let me simplify this, each member will contribute Kes 10 per day within the seven days of the week. 

The maths, so it will be; 

•  Per day = 30 members X Kes 10 = Kes 300 
• Per week = Daily contribution which is Kes 300 X 7 days = Kes Kes 2,100 
• Monthly contribution = Weekly contribution which is Kes 2,100 X 4 weeks = Kes 8,400 
• Yearly contribution = Monthly contribution Kes 8,400 x 12 months = Kes 100,800. 

So with this formula a grassroot team with a membership of 30 dedicated players should at least have raised Kes 100, 800 in the year 2021. If this maths isn't adding up, then invite me for a creative entrepreneurship session with your team. Let the year 2022 be the turning point towards resource mobilization starting with what you have. As seen in many years of hardship it isn't easy to get a sponsor or sustainable financial support. 

You can raise money that can help your club or initiative start an income generating activity using the active members of the club without exclusion of the players. Do More, Be More and Be Different. www.wilsenx.blogspot.com Wilson. Masaka [at] gmail.com 

In pictures +throughMylens 16.01.22 featuring Vihiga Queens Football CLUB Vs. Kayole Starlet Fc Est.2008 the match ended 6-0 in favour of Vihiga Queens #kenyawomenpremierleague