Basic Civil Engineering first year Notes- Chapter 4 Building.pptx
Crowdfunding For Cities
1. What if the solution to end poverty
was right below our feet?
2. The problem: Poverty
One in seven people in America live in poverty.
25 million are either unemployed or underemployed.
Over 600,000 people are homeless.
At the same time, over 14 million properties and lots sit
vacant.
3. The state of affairs: Instability, volatility
• Automation and outsourcing of jobs
• Schools not teaching in demand skills
• Outdated job search and acquisition tactics
• Lack of entrepreneurship and innovation training
The bottom line: Neither conventional education nor
society at large are doing enough to prepare people to
thrive in the 21st century.
5. What would happen if..
We built a community that was a cross between two
emerging trends of the future:
• An environmentally friendly, sustainable eco-village
• A hands on, world-class education geared towards
launching social entrepreneurial ventures that create
jobs, solve pressing issues, and change the world
7. In a place where people can grow an abundance of
healthy food, no one needs to go hungry.
8. In a place where people can design and construct their
own simple shelter, no one needs to go homeless.
9. With a little bit of ingenuity, you’d be amazed at what
you can comfortably fit into 126 square feet.
10. So, here’s the plan:
1. Raise capital.
2. Acquire land and begin development.
3. Hire exceptionally innovative teachers and
mentors.
4. Screen initial class of fellows for 2 year program.
11. So, here’s the plan (continued):
5. Fellows learn how to:
Grow their own food.
Build their own shelter.
Create optimal habits for health and productivity.
Develop communication and leadership abilities.
View global issues as opportunities to start ventures
that use creative business models to produce win-win
solutions.
12. So, here’s the plan (continued):
6. Fellows get connected with mentors and investors in
their chosen field.
7. Upon successful completion of 2 year fellowship, each
fellow acquires partial ownership of the community they
helped to build.
8. Fellows pay a fixed percentage of their income back
into the program for 10 years to make it financially
sustainable, allowing it to expand into new regions.
13. Finally, it’s time to talk finances.
But first, an important question: Do you know him?
14. That’s Gordon Gekko, of course; the fictional
character from the movie Wall Street.
He is the type of guy who encourages fraud, racketeering,
and exploitative maneuvers of every kind. He was best
known for coining the phrase, “greed is good.”
Respectfully, we disagree.
We believe in creating fair, win-win scenarios through
which every single person involved leaves extremely
satisfied; in a much better position than when they
began.
15. The main objective of this venture is to create
empowering livelihoods for people.
As such, this falls into the category of a long-term,
social impact investment.
As the network of fellows expands, the value of the
investment will increase at a strong pace; but it will
take time to develop. Now, let’s talk some numbers.
16. The raw numbers:
The successful program will utilize a $2.59M total
investment; spread out over five years.
17. The annual revenue begins to exceed the annual expenses
during year 5, and grows much larger each successive
year.
18. The total revenue begins to exceed the total expenses
during year 9, and grows much larger each successive
year.
19. The $2.59M total investment grows into $7.27M at
the end of year 15, effectively an annual 8% ROI.
20. This represents a massive
opportunity to revitalize the
forgotten cities of our world.
21. We cannot afford to wait around any
longer for someone else to come save us
from the very real challenges we face as
a human race.
If we want the world to change, it’s time
to do it ourselves.