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  • 3. SOLUTION: Flip the standard funding model on its head. Vetting process
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  • Benefit: emotional and financial
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  • Transcript

    • 1. Source: NASA
    • 2. 2
    • 3. we enable everyone
    • 4. March 22, 2010
      © 2010 AP Photo/Color China Photo/Li Huang
    • 5. to invest in social enterprises
    • 6. here’s how it works:
    • 7. there’s a 21-year-old college student in Los Angeles, CA
    • 8. his name is Jake
    • 9. 9
    • 10. Jake has $30
    • 11. there’s a 21-year-old college student in Malawi, Africa
    • 12. his name is William
    • 13. 13
    • 14. William has an idea
    • 15. 15
    • 16. their connection is our mission
    • 17. to answer the most important ? of our time:
    • 18. 9 Billion People + 1 Planet = ?
    • 19. 19
      not with
    • 20. apathy
    • 21. our answer?
    • 22. 22
      100 million solutions
    • 23. Jake, meet William
    • 24. 33needs flips the start-upfunding model on its head
    • 25. it’s called crowd-funding
    • 26. Number of social enterprises 33needs will fund by year four:
      Number of ventures (social or otherwise) funded by more than 100 people during the previous 70 years:
    • 27. how?
    • 28. a social entrepreneur creates a profile on 33needs.com
    • 29. 29
    • 30. what’s a social entrepreneur?
    • 31. n.,1. a pioneer of innovative solutions for the planet
    • 32. William is one
    • 33. William builds windmills that provide energy + clean water
    • 34. 34
    • 35. thousands of entrepreneurs think like William::
    • 36. “I find out what the world needs, then I proceed to invent.”
      Thomas Edison
      September 23, 1889
    • 37. 37
      what do they care about?
      what do they want?
    • 38. clean water
      sustainable food
      community
      clean-energy
      education for all
      global health
      opportunity
    • 39. back to William
    • 40. William needs seed capital to scale his impact
    • 41. William: “I want to harnessthe wind across Africa.”
    • 42. from his profile, he chooses a $10,000 “funding target”
    • 43. then he chooses to share 3% of his revenue with investors
    • 44. your turn, Jake
    • 45. Jake explores a few of the 33 profiles on 33needs.com
    • 46. the ideas are organized into 8 “big need” categories
    • 47. communityhealthopportunitywatersustainable foodenvironmentenergyeducation
    • 48. what’s a big need?
    • 49. hint: it’s urgent. for example:
    • 50. 50
      One of the 70 billion animals suffering behind the walls of factory farms
      (2)
    • 51. Haizi Town, Luliang, Yunnan Province
      March 22, 2010
      Climate change responsible for massive droughts and water scarcity
      © 2010 AP Photo/Color China Photo/Li Huang
    • 52. 52
      One of the 34 million girls living on the street instead of learning in a classroom
    • 53. back to Jake
    • 54. he finds William’s magetsi a mphepo – “electric wind” idea
    • 55. he likes this “invest in a better world” thing
    • 56. 56
    • 57. Jake invests $30 (or 3 “parts”)in William’s idea
    • 58. FYI: Jake can invest in steps of $10 (“the part price”)
    • 59. he is now a “Believer” (also pondering his own big idea)
    • 60. Who (or what) benefits from Jake’s investment?
    • 61. 61
      (1)
    • 62. William has seed $ to grow his purposeful business model
    • 63. 63
      (2)
    • 64. Jake receives a small % of William’s future revenue
    • 65. 65
      (3)
    • 66. 33needs receives 5% of the established funding target
    • 67. 67
      (4)
    • 68. the world has a solution
    • 69. 69
    • 70. remember
    • 71. this is not charity
    • 72. business can change the world
    • 73. 73
      join us at <33needs.com>