33needs

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Source: NASA

Transcript of 33needs

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Source: NASA

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we enable everyone

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March 22, 2010

© 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

question 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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33needs flips the start-up

funding model on its head

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it’s called crowd-funding

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Number of ventures (social or

otherwise) funded by more than 100

people during the previous 70 years:

Number of social enterprises 33needs

will fund by year four:

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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

think like William::

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“I find out what the world needs,

then I proceed to invent.”

Thomas EdisonSeptember 23, 1889

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What do they care about?

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sustainable food

clean water

clean-energycommunity

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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community

health

opportunity

water

sustainable food

environment

energy

education

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what’s a big need?

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hint: it’s urgent. for example:

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(2)

One of the 70 billion animals

suffering behind the walls of

factory farms

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Haizi

Town, Luliang, Yun

nan ProvinceMarch 22, 2010

© 2010 AP Photo/Color China Photo/Li Huang

Climate change responsible for

massive droughts and water

scarcity

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One of the 34 million girls

living on the street instead of

learning in a classroom

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back to Jake

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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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business can change the world

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join us at <33needs.com>