33needshowitworks

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Transcript of 33needshowitworks

Source: NASA

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we enable everyone

March 22, 2010March 22, 2010

© 2010 AP Photo/Color China Photo/Li Huang© 2010 AP Photo/Color China Photo/Li Huang

to invest in social enterprises

here’s how it works:

there’s a 21-year-old college student in Los Angeles, CA

his name is Jake

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Jake has $30

there’s a 21-year-old college student in Malawi, Africa

his name is William

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William has an idea

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their connection is our mission

to answer the most important question of our time:

9 Billion People + 1 Planet = ?

not with

apathy

our answer?

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100 million solutions

Jake, meet William

33needs flips the start-upfunding model on its head

it’s people-powered investing

AKA, crowd-funding

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:

how?

a social entrepreneur creates a profile on 33needs.com

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what’s a social entrepreneur?

n.,1. a pioneer of innovative solutions for the planet

William is one

William builds windmills that provide energy + clean water

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thousands of entrepreneurs think like William::

“I find out what the world needs, then I proceed to invent.” Thomas Edison September 23, 1889

What do they care about?

sustainable food

clean water

clean-energy community

opportunity

global health

education for all

back to William

William needs funding

William: “I want to harness the wind across Africa.”

he needs funding to:

market his windmills to communities in rural Malawi

build his team of electrical engineers

and

rent an office space

this is a key point:

William is using 33needs as a long-term funding tool

from his profile, he chooses a $10,000 “funding target”

then he chooses to share 3% of his revenue with investors

your turn, Jake

Jake explores a few of the 33 profiles on 33needs.com

the ideas are organized into 6 “big need” categories

communityopportunitythe planet

sustainable foodhealth

education

what’s a big need?

hint: it’s urgent. for example:

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One of the 70 billion animals suffering behind the walls of factory farms

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 and water scarcity

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One of the 34 million girls living on the street instead of learning in a classroom

back to Jake

he finds William’s magetsi a mphepo – “electric wind” idea

he likes this “invest in a better world” thing

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Jake invests $30 (or 3 “parts”)in William’s idea

FYI: Jake can invest in steps of $10 (“the part price”)

he is now a “Believer” (also pondering his own big idea)

Who (or what) benefits from Jake’s investment?

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(1)

William has $ to grow his social enterprise

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(2)

Jake receives a small % of William’s future revenue

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(3)

33needs receives 5% of the established funding target

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(4)

the world has a solution

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remember

this is not charity

business can change the world

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join us at <33needs.com>