Open Business and P2P Venture applications

Boundary Spanning: Richard L. Daft in 1989, in "Organizational Theory and Design" a person who's role is linking people in organizations, across the "boundaries" of departments, and across the boundaries of companies themselves.

“ Open Business” Peer Production Networks Market Economies Create Connections

Open Business: Transparency, and working in the open

Open Business: “ Devolve Power” Co-governed, Co-ownership Community/Customer Driven People over Profits

Open Business: Sharing Revenue Systematically Pooling Resources Work to increase “carrying capacity” of contributors to commons (“positive externalities”)

Open Business Models Wiki Hive http:/socialsynergyweb.net/cgi-bin/wiki/FrontPage

Goals of Open Business Models Wiki Hive: Testing Theory Through Action Pooling Knowledge and Experience To Accelerate Growth of Projects Creating Knowledge Commons of Open Business Building Blocks

Open Business Building Blocks:

Open Business Building Blocks: Open Web Standards

Open Business Building Blocks: Open Source Software

Open Business Building Blocks: Resource Pooling for Independents “ ...chairs and sofas, wireless internet, and interesting people to talk to, collaborate with, and bounce ideas off of”.

Pooling costs

Pooling leads

Partnering work

Pooling knowledge

Extending networks

Open Business Building Blocks: Network Sharing

Open Business Building Blocks: P2P Venture

An international initiative that seeks to create an open,

reproducible process.

a physical camp where entrepreneurs meet

and spend a couple of intense days working with mentors

to improve their business documents and presentations.

Projects are evaluated on many dimensions.

At the end of the camp, investors choose to fund projects

Advantages of the model

Valuation is taken out of the process

Entrepreneurs know what they will be offered

Decision to invest or not is taken out

We select the 5+ best presented projects

The time investment is pre-defined and limited

Advantages doing it today

A vast tank of projects

Influential networks

BarCamp, OpenCoffee, BarCampBank,..

Blogosphere

A potentially strong relay by conventional medias

Current Evolution: From platform for venture capital to platform for “Peer” investing Time line may be longer. Community drives focus of processes

Open Business Building Blocks: Revenue Sharing and User-Ownership

Sharing revenue with people who were traditionally the “customer/user/consumer”.

Giving them a stake in the ownership

Open Business Building Blocks: Revenue Sharing Example: XTIN Project Points System

Open Business Building Blocks: Revenue Sharing Example: XTIN Project Points System All phases of production, distribution, marketing of project are open to participation by community. Participants earn “points”, which translate into revenue shares (sales of movie, posters, merchandise web comic). XTIN teams up with other open projects in other mediums, to create “process network”, pool resources, and spread awareness through enthusiast communities. Project shares revenue/advances back to open source software communities.

Open Business Building Blocks: Revenue Sharing Example: XTIN Project Points System Many participants NOT motivated by money. Project is therefore not organized around money alone: Parallel processes

Open Marketing: Clue Train Manifesto “ There's a new conversation (between those inside and outside of your business)”.

Marketing (un) Commons: Hugh MaCleod “ The Hughtrain manifesto”

Open Marketing Example:

Peer Production of Physical Goods: