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I think crowd funding / cooperative owned business / locally sourced / locally funded will change the country.

Take a look at
kickstarter
lending club

and mosaic
https://joinmosaic.com/...

With Mosaic and lending club, regular people loan money or fund solar to other regular people (for profit), but we cut wall street and banks as much out of the equation as we possible can.

With the rich getting richer than ever, and everyone else fighting for scraps, we need to fund our fellow citizens locally and responsibly.

Imagine using kickstarter (or something like it) to fund a local coffeehouse, even better a CO-OP coffee shop. A co-op that hires locals, at livable wages, and serves products that are healthy, and locally sourced. A place where neighborhood residents can frequent and something that everyone owns a piece of.

I am deadly serious about this, but in order to get it done, we need to want to change the world, one job and neighborhood at a time, and we need to mobilize.
No one is going to save us, the elite doesn't care about the 99% so we have to get it done ourselves.

Has anyone from Kos started a business or run for office?
With enough crowd-funding we can finance elections- imagine electing a Kos reader or writer... This isn't about charity, (some of it could be) but it is about combining resources in order effect change that none of us could do on their own, and if we succeed as partial owners, workers, or investors, well, we could make a profit as well.

Before you dismiss this, look at the Oyua as an example. The founder was able to raise millions from kickstarter. She took that cash, and started a for profit company that makes video game consoles. From literally nothing, she was able to create a video game console from crowdfunding startup cash. Now she sells those units at Amazon and best buy at a profit... What did the original crowdfunders get out of the deal? they got the chance to purchase the product and the games that their funding helped to create. What did the CEO get? Probably millions in profit.

Every once in a while i read a diary or a member that is living on the edge, and when i see other readers donate money, or try to help them find a job, my heart and my soul feels better. Kos has reached critical mass, being able to Vent and expose and educate citizens on the evils that exist has changed the country for the better- but what else can we do?

I know there are a lot of reasons why this would fail, or why it might not be able to work, but dreams are what we've got, so why not express them?

Originally posted to csainvestor on Sat Sep 14, 2013 at 01:43 PM PDT.

Poll

Would you crowd fund to start a cooperative owned business?

66%8 votes
33%4 votes

| 12 votes | Vote | Results

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Comment Preferences

  •  I like the Rolling Jubilee group buying medical (3+ / 0-)
    Recommended by:
    Louisiana 1976, karmsy, Lujane

    debt and retiring it. I haven't really investigated it, but it just seems like a terrific idea.

    We are all pupils in the eyes of God.

    by nuclear winter solstice on Fri Sep 13, 2013 at 04:50:55 PM PDT

  •  The bumblebee, (1+ / 0-)
    Recommended by:
    Lujane

    to paraphrase a poster I once saw, isn't supposed to be able to fly. It has tiny, flimsy wings, relative to its body mass, and its shape violates just about every rule of aerodynamics there is.

    And fly, it does.

    What breeds success? Some combination of determination, and pure luck. Haven't hit on the exact formula yet...

    Tipped and recommended, for suggesting concrete steps to empower individuals and communities.

    It's here they got the range/ and the machinery for change/ and it's here they got the spiritual thirst. --Leonard Cohen

    by karmsy on Fri Sep 13, 2013 at 05:41:23 PM PDT

  •  I would imagine (0+ / 0-)

    That a number of people here have started businesses. I used to have one myself, buying discounted toys on clearance and reselling them, and my wife has her own graphic design / web design company.

    Lack of funding is definitely a problem; my first quarter in business, I was maxing out my credit cards and paying them off again every week. My brother and I made over $8k that year, but I'm sure that if we had a good line of credit we could have done better.

    Further back, I did Prosper lending, which is essentially what you're advocating here. Most of the loans went bad when the economy went south.

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