How to build New Community out of

the Old SystemBy Dean Koci (ChFC®)

860 384 7483

Dean@KociConsulting.com

www.FinancialLiberationInstitute.Org

What I Propose We Cover Who am I /Who are we?

The History of Money

The Case for Cooperation

PPORTLZ

Self- Reliance and Gift Economies

Disruptive Services

Entrepreneurism

Investments

How to Build Communities:

Acquiring Property

Picking your Entity

Thoughts on Thriving

Q&A

Disclosure

This is a gift based from prior experience and moderate research.

Copyright- please re-gift the knowledge but do not use the content as your own for commercial purposes.

This is not to be considered Tax, Legal, or Immutable advice. Please consult with a professional regarding the specifics of your unique situation.

What works on other’s farms might not be the best fit for yours. A professional is the one that can help you get a better idea of how all the parts fit together.

Dean Koci (ChFC®)Koci Consulting & Financial Liberation Institute Life Long Entrepreneur, World Traveler, Philosopher and Teacher

Experienced 100’s of businesses by being their Financial Planner

“Top Wealth Manager” by San Diego Magazine 3 years in a row

Created a referral base and residual income currently at ~$3,000 a month.

Former Board Member of San Diego Rotaract

Helped do a corporate re-structuring & close a $17,000 grant for Wild Willow Farm

Currently Executive Director for SDCAP (Fiscal Body for San Diego Burning Man)

I get paid well to do what I love- helping people who help others and the Earth.

Building a Land Trust to support Eco-Villages and Living Co-ops.

Who are we? US-

Be interactive and considerate.

Please don’t be offended if I moderate.

Lets introduce ourselves, our knowledge, and our passion.

Money Dyad:

I am most prosperous when?

The History of Money The Invention of Language (be conscious of NLP & Mediation)

The Invention of Agriculture (Nomadic class & Bartering)

The Invention of Currency (who’s currency)

Barter, Obsidian, Roman Coin, FIAT in

1787Constitution Article 1 Section 8 (US coin & Tax)

The Invention of Taxes

1791 Whiskey Rebellion

1913 Income Tax (16th amendment)

1913 Federal Reserve Act

The Invention of Capitalism

Feudalism 14th Century moved to the US & Industrial Revolution in 19th century.

ROME EUROPE USA WORLD

Modern Finance 101 Debt

Jubilee every 50 years, Leviticus 25:8-13 in 1446 BCE (average life span was 30)

Deuteronomy 15:1-2- Made is every 7 years.

Bankruptcy- used to be harsh before the 20th century.

Commodities – Market & Philosophy

Corporations-(Organized)

Stock Market (Equity)

Bonds (Debt)

Mutual Funds- The “Bus”

1933 Glass-Steagall repealed in 1999

Annuities & Insurance

Liability or Asset?

What is Security?

The Case for Cooperation It’s a Natural Law

Old-is survival of the fittest

New-is Thriving of the Abundant

Examples in Nature:

Wolves in Yellowstone

Biodiversity in Farming

Examples in Business:

Walmart- We pay $3-$6K per employee (Forbes)

Winco, Costco & People’s Coop.

Festivals

All Communities are “Intentional”

Paradigm Shift You never change things by fighting the

existing reality.To change something, build a new model that makes the existing model obsolete.

“Be the change that you wish to see in the world”

“Imagine”

Earth Care, People Care, and Fair Share

Buckminster Fuller

Mahatma Gandhi

John Lennon

Permaculture

Parable of the 4th ticket

You find something you really fun you want to do and

there is a promotion to buy 3 & get the 4th free. What do you do?

1) You get 3 other friends and you all pay 75%

2) You get 3 other friends to pay and you go for free

MY CONCERN is WHAT do you tell your friends? What if you Can’t afford the trip?

*Are you a person that would hide it and justify and hope that they don’t find out? How will that effect the trip and the memories if/when they do find out?

*Are you the sort of person that has the money, would you care?

*Are you the business owner charging 25% extra in the first place?

*Are you courageous enough to tell the truth, state your desires, and find friends that support you?

Use PORTLZ to the Manifest P- Pleasure (It MUST be fun and/or fulfilling)

P- Prosperity (It MUST produce Yield- remember Yin/Yang)

O- Organization (It MUST be organized & Dependable)

R- Recordkeeping (It MUST be shareable)

T- Taxes (Fed, State, Local, Special)

L- Laws (Sleep well at Night)

Z- Zoning (Respect your Neighbors)

Eliminate the concept of the “Other”

Know the rules- Bartering is section 420 of the IRS code

Dream WITH Limits

Work with Professionals

Let’s get Disruptive !

“A disruptive innovation is an innovation that helps create a new market and value network, and eventually disrupts an existing market and value network (over a few years or decades), displacing an earlier technology.

AirBNB

DogVACAY

Lyft/Uber/SideCar

Task Rabbit

Other Ways to make money: Craig’s List, Medical Studies, Side Jobs

Indie GoGo, Kickstarter, Go Fund Me

Intern, Play, Ask to Help, fill a need, find a need.

You Tube

Entrepreneurism

Entrepreneur Or Employee

How to Get Started

What is your Experience Worth?

Business Plan

Funding & Marketing

Entrepreneur or Employee? Rich Dad Poor Dad by Robert Kiyosaki-

Rich Buy Assets, they spend money then pay taxes.

Poor Buy Liabilities, they pay taxes then spend the rest.

4 Hour Work Week by Timothy Ferris-

Why do we work during our prime years and then play when we’re old?

Myth of the “Job” and “Scarcity”

Be aware of Equity- Social and Financial.

Wage Stagnation

How to Transition to Entrepreneur:

Insurance- get it before you leave- especially Disability

Cushion- Use Savings not Credit Cards

Disruption- Use DogVacay, Craigslist, Lyft & AirBNB www.airbnb.com/c/dkoci?s=8

Collaboration- Work with existing local businesses

Systematization- Processes that keep the business from owning you.

Gifting- Give Back and Market.

How Do I Get Started? Sole Proprietor, Corporation, Non-Profit, Co-op.

Taxes, Liability, Durability, and Accountability

Get an EIN Number (It’s Free!) http://www.irs.gov/Businesses/Small-Businesses-&-Self-Employed/Apply-for-an-Employer-Identification-Number-(EIN)-Online

Open a Business Bank Account & Paypal Buttons

Get an accounting system/person

https://www.bofiadvisor.com/ For Dean Koci- #344028

Get PERMITS

City Licenses http://www.sandiego.gov/treasurer/taxesfees/btax/

Unique Permits http://www.sandiego.gov/treasurer/taxesfees/btax/resources.shtml

DBA with County https://arcc.sdcounty.ca.gov/Pages/default.aspx & Publish!

Get Insurance http://ljpia.com/ Tell Bill- Dean says hi

Also Check with Professional Associations

Trademarks, Patents, and Copyrights http://www.uspto.com/

Get a Website http://www.fatcow.com/fatcow/special-promo.bml?LinkName=No_Name Word press. ORG

Digital Mail box http://www.mailboxforwarding.com/index.php

Google VOICE Number + Ring Central FAX

What is Your Experience Worth? E-Myth Revisited- Michael Gerber

People buy an experience not a product or service.

You need SEPARATE Business and Personal Goals.

YOU are good at something and can increase your rates as you get better!

When were you excited to buy something? Other’s want to give that to you!

Disneyland

Broccoli

What is your Time Worth?

Personal & Business costs ÷ Days Worked ÷ Units= Your Minimum Cost

Business Plan

US Government’s site: http://business.usa.gov/

SBA & SCORE is Free https://www.sba.gov/

Business expenses on IRS website http://www.irs.gov/publications/p334/ch08.html 

Xero Vs Quickbooks http://greencloudaccounting.com/

I have a Marketing Plan Template on our Website

Corporations are whatever we make them to be.

You MUST have numbers!!! To attract sellers & to make sure you can Thrive.

Cooperation Vs Competition

SWOT (Strengths, Weaknesses, Opportunities, Threats) GROW (Gifts, Requests, Opportunities, Worries)

Anything worth doing is worth doing well!

Funding & Marketing

Loans- SBA, Minorities, Receivables, Credit Cards

Facebook, Social Networks, Cause Marketing and Centers of Influence

“Suggested Donations” cut that S*@t out!

Bartering (IRS Revenue Code 420)- Still Income.

Pre-pay pricing and Gift Marketing.

Go Fund Me, KickStarter, Indie GoGo

Grants, RFP’s, etc.

http://www.sandiego.gov/purchasing/bids-contracts/

http://www.grants.gov/web/grants/applicants/applicant-resources/associations-organizations.html

Go in to the meeting (get to know jury and meet partners)

Build your portfolio

Stock/Equity-

Cheap in the beginning- expensive later.

Silent partner issues?

Investments are Math

Invest in what you love and reward those who do it rightLook for places like Fundrise, Kive, Lending Club, etc.

How to Find Property

I prefer reclaiming assets to New Development

Look with fresh eyes at your existing community

Activated Villages & Village in a Box

HUD & 203K rehab Program

Redfin, Trulia, etc.

FSBO, Seller Carry, Seller Financing

Commercial Loans (20%)

Roth IRA & Self Directed IRA’s

Non- Traded Offerings.

Send out the Right Frequency

Picking Your Entity

Sol Proprietorships & Partnerships- Easy for lots of Liability (get Insurance)

“S-Corps” – Simple Corps (flow through taxes, requires corporate governance)

“C-Corps”- Complex Corps (retain taxes- later can IPO)

“LLC/LLP”- New type of entity, Flexible, Easy & picks it’s Tax.

“Non-Profit”/ 501c3 - Great if people want to give you money for a write-off, but they are a hassle

“Coop”- C- Corp with an owner Dividend “Schedule T”

Trusts- Separate legal entities that govern Assets

Living Vs Irrevocable.

Closing Thoughts on Thriving

The more Universal and Accepting our Values are- the more Local we can be in our governance

We live in a world that is getting smaller- learn how to be a good citizen

Thriving is having Flowers in your garden and spending your time on Art.

We are all reflections of the same light.

Q&A or you want to see some of my projects first

Black Rock City

55,000 tickets x $300 per ticket= $16,500,000.00

Just Event $11,232,928 expenses

BLM $82.23 each

Porto’s $17.65

COGS Ice $455,546

Dust $ 262,693/ 55K/6= .79 a shower.

Where is Ice & Center Camp Sales?

ORG Op expenses total is $26,810,724

OURtopia 2013Chart Title

Ticket Revenue $234,730 (2,138 tix)Ticket Revenue $11,971 Production (607 tix)Ice $1,305 (1,900 expense)TOTAL $248,006.21

ITEM Event YOUArt Grants $53K $24.97Interyear fnd $49K $22.77Site $28K$13.10Security $27K$12.69Power&Equip $34K $15.72Other $92K $42.92

Uses a Weighted Average of $109.79 a ticket.

Art Grants18%

Site9%

Security9%

Power & Equipment

11%Commissary5%

Other Expenses

31%

Interyear Funds16%