Offers key questions to prompt the audience to consider what is a local economy; how to participate in one; characteristics of a business model and business ecosystem in a local economy; how resources flow in a business ecosystem; and, how to implement a local economy.

1. Framework for a Local Economy Community Conversations Grey-to-Green Festival September 11 and 25, 2010

2. Questions We’re Going to Address What is a local economy? How does one participate in a local economy? What is a business model? What is a business ecosystem? How do resources flow in a business ecosystem? How does one implement a local economy?

3. What Is a Local Economy? Meets the needs of community / neighborhood / rural area members Addresses Bottom of Maslow’s “Hierarchy of Needs” Physiological Air Water Food Shelter / Clothing Fuel / Energy Safety Security Health Education Paid Work

4. Maslow’s Hierarchy of Needs

5. How Does One Participate in a Local Economy? Buy Believe Advocate Administer Invest

6. What Is a Business Model? Shows how an organization: Focuses on who is in the center – the product or the people Generates enough revenue to cover or exceed expenses Utilizes local assets and resources without losing them Links throughout the value chain to solve the “last mile” problem and meet needs EVERYONE has one!

7. What Is a Business Ecosystem? Integrates work flow with resource flow with results Facilitates transactions for liquidity, value, and incentive Money / currency Alternative currencies, coupons Time banking Carbon credits, renewable energy credits Volunteering Employment / Contracting Targets “needs met” as the success metrics Calories Kilowatts Gallons Cubic Feet Units

8. How Do Resources Flow in a Business Ecosystem? Maps – What do we have and where is it? Models – How do the pieces fit together? Information – How do we see what’s going on? Know-how – What do we do now? Portfolio – How should we invest in our community / neighborhood / rural area?

9. How Does One Implement a Local Economy? Establish Collaborative Structure Policy Council Buying Club Community Cooperative (Food, Energy, Housing, etc.) Conduct Asset Inventory Target “Needs Met” Metrics Identify Where, When, and How People Can Participate Time and Intelligence Develop and Execute Plans to Meet Needs through Participation and Utilization of Assets Apply Value-Based Incentives for Participation 25% in for 75% Leverage

10. The Starfish and the Spiderby Rod Beckstrom and OriBrafman How Tea Party Organizes Without Leaders – National Journal Magazine

11. We Build the Road as We Travelby Roy Morrison Mondragon, A Cooperative Social System

12. “We Are Entering the Century of the Small…” Jack Ma: Alibaba Group