Enterprise Proposal: The Collective Possession Firm
“Fund goals for a share: The way forward for crowdfunding.”
Strolling the razor skinny line between capitalism and socialism, The Collective Possession Firm places the folks in place to pursue their goals and finance the goals of others, granting extra alternative for possession, each of 1’s personal work and of the goals one makes doable, than ever earlier than. That is the way forward for ethical investing, bringing capital to the doorstep of all these in any other case caught in dream mode, opening the doorways of widespread alternative and defending the folks from the parasites.
Web site Construction and Objective:
Creators and entrepreneurs looking for funding capital submit detailed data on their enterprise idea, or the services or products that they need to develop and promote. This features a marketing strategy, an estimated timeframe on firm/product/venture (C/P/P) growth and when the primary product(s) will probably be provided available on the market, how a lot of the C/P/P is offered for possession by outdoors sources by way of the location (versus how a lot is retained by the owner-operators) in trade for the way a lot fairness, an open dialog discussion board, and all different data that could be related to traders.
By investing, the investor shall thereafter personal some proportion of fairness within the C/P/P, which can entitle him/her/them to a proportion of the revenue produced by the corporate after the C/P/P beneficial properties profitability (as soon as it’s formally “within the black”). If the C/P/P fails to achieve profitability, a “dissolution settlement” will decide how a lot of their funding, if any, the investor(s) are to be reimbursed.
Any potential product, service or group could obtain consideration by way of the web site. The breakdown within the possession of the C/P/P, and what this possession entitles the proprietor to, shall be explicitly specified by the funding proposal. For instance, ten folks could want to begin a espresso store, and will want to first buy relevant industrial property for the event of a particular customized espresso store design, and, after in depth analysis and planning, could arrive at a determine of $1 million in crucial start-up funds. If these 10 folks (owner-operators) every make investments $10k within the proposed firm, producing $100k of the $1m wanted, $900k is open to traders that just like the idea. If these making the proposal counsel a worth of $1k per share, there are a thousand complete shares, 900 of which can be found to outdoors traders by way of The Collective Possession Firm. If/when the corporate beneficial properties profitability, every share will entitle its holder to a commensurate payout in perpetuity (minus any quantity of revenue that could be invested in growth and enchancment, as specified by the proposal contract).
Thus, each proposal that’s posted to collectiveownershipcompany.com will provide the flexibility of any investor to personal some proportion of a proposed C/P/P in trade for a proposed dividend paid out at an agreed upon date after profitability, plus different potential advantages as listed (like free espresso!).
Traders will thereby be capable of spend money on making the goals of creators and entrepreneurs a actuality in trade for an possession stake. Traders will agree that, by furnishing the funds in trade for share(s) within the proposed C/P/P, that they’ll possess no voting rights or management of the corporate outdoors of the agreed compensation and advantages package deal, except particularly said within the funding proposal.
The Thought Crystallizes Via Discourse:
Jesse (a collegiate buddy of the writer’s):
I learn the (above) pitch for the venture/enterprise supporting platform! Fascinating. I do suppose there are some similarities to a few of the others, like Kickstarter and Indiegogo, GoFundMe, and even LendingTree. I’d prefer to see the place you see the differentiation or what’s lacking available in the market.
Additionally, take a look at these particularly, as I believe they’re extra just like your imaginative and prescient:
https://republic.com/
https://www.seedrs.com/
https://www.nerdwallet.com/article/small-business/equity-crowdfunding
Really, are you aware of the crypto house a lot? One profit a crypto-based funding platform might need is that it could decrease the overhead loads of taxes, incorporating, banks, and many others.
I’m an enormous fan of blockchain total, after all there are loads of scammy tasks today, it’s very ‘wild west’ for now. However the tech underlying it I believe is without doubt one of the most attention-grabbing game-changers for society I’ve seen in a very long time.
Additionally, you would possibly discover this attention-grabbing: https://thenetworkstate.com/
Nick:
Sure, these are examples of the identical normal thought; I wasn’t conscious of them. The article from nerd pockets particularly will get to the guts of the matter in defining “fairness crowdfunding,” and evaluating it to “rewards-based crowdfunding,” that are the one websites/platforms that I used to be heretofore aware of.
The one means I would conceive of my thought as being totally different is that it could, ideally, beeven extra clear about and built-in with the owner-operators. Who owns what and why, the meritocracy associated to the fairness distribution, could be crystal clear. Possibly it’s on these websites… I haven’t dug right through them but…
The thought is to have a website that totally integrates with and helps what I name a “Enterprise Collective” in a few my books. That’s, I consider in entrepreneurialism past it being this hip cool techy factor… it’s not about trendiness. I consider in it on a stage of conviction, and that it’s under-appraised; it’s a pure bridge between capitalism and meritocratic socialism whereby all people contributing to the economic system has an possession stake within the economic system, and the companies comprising it. From the janitor to the CEO everyone seems to be an owner-operator; no wages or salaries. So a block of fairness belongs to the owner-operators, and a block to the crowdfunding traders, with the quantity of fairness awarded based mostly upon the estimated worth contribution of the owner-operators + the financial worth of the crowdfunders.
And I personally consider that this “fairness crowdfunding” mannequin has no limits… and can be utilized to rescue folks from being preyed on not simply as “workers,” as they’ve now grow to be “owner-operators” as an alternative, however within the residential realm as nicely; a high exploitative wrongdoer preserving the disparity figures within the globalizing world as ugly as they’re. Think about, say, fifty households crowdfunding a tiny dwelling growth venture, moving into on a collective mortgage to fill any gaps in what they’ll’t afford straight/instantly by way of their pooled sources when it comes to the entire growth prices in communities whereby they personally personal their very own tiny dwelling and the house instantly surrounding it, however the place the group owns shared house between, such because the park, group middle, enterprise collective and many others.
Is there such a factor as a collective mortgage monetary instrument? If not, there must be…
So, the overall thought is to take the crowdfunding idea to the subsequent stage, harnessing energy in numbers to avoid wasting folks from financial, skilled and residential exploitation, such that every little thing is privately owned by way of the collective, every particular person proudly owning their merited piece, blurring the road between socialism and capitalism.
Throughout the similar paradigm, I had an thought up to now that I referred to as the “collective condominium,” as a result of I believed it could work nicely with a rental, as a result of you’ll be able to pack so many items into one large construction, making it conducive to collective funding, growth and possession, as everyone seems to be sharing the mounted prices of the event while constructing their very own personal fairness. For instance, 100 households would possibly spend money on making a 100-unit residential dwelling, with the mounted prices of shopping for the land and constructing the construction being shared… the thought should still be on my website… it in all probability is, truly.
So I suppose the place my conception (website and enterprise design) MIGHT be totally different from those who you revealed to me is that it takes the ideas of entrepreneurship and crowdfunding to an ideological stage…
I simply re-summarized it in my notes thus:
Everybody who invests their time, power and/or cash in a enterprise, residential group, power manufacturing system (to call however three potential core purposes) or different product, venture or service owns a merited piece of these organizations, buildings, merchandise, providers and techniques commensurate with the estimated worth of their contribution.
This “fairness crowdfunding” mannequin extends crowdfunding to its broadest doable developmental extent, to an ideological stage, the place “entrepreneurship,” “crowdfunding,” “collective possession,” “personal property” and “communal property” are rolled into one, thereby utilizing “energy in numbers” to strengthen and protect the folks from all of the methods by which the rich and unscrupulous exploit their division and drawback, thereby stopping their oppression by way of these frequent types of exploitation and granting them a stage of alternative heretofore not skilled, bridging the divide between capitalism and socialism.
The opposite means by which my idea could be totally different from those who you knowledgeable me of is that, ideally, not solely would the location function a conduit for channeling crowdfunds to startup firms and tasks, however it could additionally facilitate the formation of these firms, such that these within the mannequin of the Enterprise Collective, the owner-operator equity-sharing mannequin, may discover proposals for firms and tasks that encourage them and/or match their very own ambitions, and use the location to contact whomever has made the proposals to be able to be a part of forces and/or make counter-proposals, in order that the location (whether or not “grassrootsinvestor.com” or “collectiveownershipcompany.com” or different) would exist as a hub for locating BOTH fellow owner-operators AND the startup funds. Every part could be specified by totally clear element, as to whatis wanted by the one(s) submitting the proposal, together with not simply required funds however sought personnel (owner-operators becoming sure skillsets and expertise and many others.).
The fairness provided at/for each place and investor stage quantity could be clearly laid out, in order that the possession of the corporate/venture could be constructed and made contractually clear by way of the location.
P.S.: I don’t have a lot familiarity with crypto forex. That stated, I believe that it’s vital that this idea work throughout the typical financial and monetary techniques to ensure that it to be viable, as funding by way of cryptocurrencies would possibly make it appear much less actual or professional to the typical particular person, and would thereby restrict the involvement and funding of events. Collective possession has to work inside the usual forex system to be as efficient, profitable and sustainable as doable.
Jesse:
They’re referred to as cooperatives.
This one is by far the most important: (hyperlink to a narrative about “Mondragon” in Spain)
I do know little or no about them however you would possibly need to study extra about cooperatives normally, together with this one, to see what works nicely and what doesn’t. Personally I really like the thought of cooperatives. Individuals ought to personal what they work for. Marxist-esque pondering.
Nick:
Sure, I’m aware of the time period. I choose the time period “collectives,” which I’ve been utilizing in relation to the overall thought for so long as I keep in mind. I’ve my very own system for meritocratic fairness task. What must occur, although, isn’t a sporadic sprinkling of cooperatives right here and there… the thought I’m pushing for with the location I envision is an integration of a number of ideas; an overlap of the cooperative/collective and crowdfunding fashions, in addition to collective monetary devices, like collective mortgages, all of which, when synergized and brought collectively, blur the road between socialism and capitalism: personal AND collective possession concurrently, by way of avenues that open monetary, financial {and professional} alternatives to ALL folks, not simply the rich who can afford to purchase in.
So to make clear (thanks for the push):
The Collective Possession Firm would combine:
(1) the cooperative or collective enterprise mannequin, in a way of meritocratic fairness task
(2) the crowdfunding mannequin, in a way bringing funds to the enterprise collectives for an fairness share
(3) collective monetary devices, not less than together with collective mortgages, however probably together with many different devices of ‘threat/duty spreading’
Almost about your point out of “Marxist-esque pondering,” I believe it’s an evolution in Marxism: somewhat than preventing and making an attempt to supplant capitalist techniques which have grow to be totally globally ingrained since Marx’s day, this concept is sort of a Trojan Horse; one thing that works throughout the established capitalist system to be able to progressively remake it in favor of the folks as a complete. It’s additionally not solely Marxist, solely semi-so, as a result of personal possession is maintained, while, once more, strains are blurred… not solely between what constitutes capitalism and socialism, however even what constitutes ‘public’ and ‘personal.’
Jesse:
I’m wondering the way it’s comparable or totally different from a kibbutz in Israel. I’m wondering how these labored technically.
As an thought I believe it could sit very well in a futuristic or different universe novel, seeing what works and maybe the challenges of this model of economic system.
Nick:
It’s the Trojan Horse man. How Capitalism mates with Socialism. It’s the mixture of the enterprise collective and crowdfunding ideas, bolstered by modern monetary devices. I believe it’s an inevitability; it’s all a matter of how lengthy it takes to catch on, and grow to be the longer term.
PDF of this text: Bridging The Ideological Divide
Excerpted from the Addendum of:
Cultural Cornerstones, Recarved:
The Foundational Cornerstones for Constructing the Heights of Humanity
By Nick Jameson
Infinite of One Publishing
infiniteofone.com