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Transcript of 33needs
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Source: NASA
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we enable everyone
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March 22, 2010March 22, 2010
© 2010 AP Photo/Color China Photo/Li Huang© 2010 AP Photo/Color China Photo/Li Huang
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to invest in social enterprises
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here’s how it works:
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there’s a 21-year-old college student in Los Angeles, CA
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his name is Jake
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Jake has $30
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there’s a 21-year-old college student in Malawi, Africa
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his name is William
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William has an idea
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their connection is our mission
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to answer the most important ? of our time:
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9 Billion People + 1 Planet = ?
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not with
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apathy
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our answer?
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100 million solutions
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Jake, meet William
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we’re flipping the standardfunding model on its head
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it’s called crowd-funding
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how?
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a social entrepreneur creates a profile on 33needs.com
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what’s a social entrepreneur?
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n.,1. a pioneer of innovative solutions for the planet
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William is one
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William builds windmills that provide energy + clean water
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thousands of entrepreneurs see the world like William:
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“I find out what the world needs, then I proceed to invent.” Thomas Edison September 23, 1889
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what do they care about?what do they want?
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sustainable food
clean water
clean-energy community
opportunity
global health
education for all
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back to William
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William needs seed capital to scale his impact
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William: “I want to harness the wind across Africa.”
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from his profile, he chooses a $10,000 “funding target”
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then he chooses to share 3% of his revenue with investors
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your turn, Jake
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Jake explores a few of the 33 profiles on 33needs.com
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the ideas are organized into 8 “big need” categories
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what’s a big need? three examples:
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(2)
One of the 70 billion animals suffering behind the walls of factory farms
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Assam, IndiaAssam, IndiaJuly 6, 2009July 6, 2009
© 2009 AP Photo/Anupam Nath
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Haizi Town, Luliang, Yunnan ProvinceHaizi Town, Luliang, Yunnan ProvinceMarch 22, 2010March 22, 2010
© 2010 AP Photo/Color China Photo/Li Huang© 2010 AP Photo/Color China Photo/Li Huang
Climate change responsible for massive droughts across Asia
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communityhealth
opportunitywater
sustainable foodenvironment
energyeducation
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he finds William’s magetsi a mphepo – “electric wind” idea
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he likes this “invest in a better world” thing
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Jake invests $30 (or 3 “parts”)in William’s idea
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FYI: Jake can invest in steps of $10 (“the part price”)
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he is now a “Believer” (also pondering his own big idea)
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Who (or what) benefits from Jake’s investment?
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(1)
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William has seed $ to grow his purposeful business model
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(2)
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Jake receives a small % of William’s future revenue
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(3)
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33needs receives 5% of the established funding target
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(4)
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the world has a solution
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remember
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this is not charity
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we believe business has a role to play in making the world a better place
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we think so.
join us at <33needs.com>