33needshowitworks

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Source: NASA

Transcript of 33needshowitworks

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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 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-upfunding model on its head

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it’s people-powered investing

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AKA, 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 Edison September 23, 1889

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What do they care about?

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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 funding

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

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he needs funding to:

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market his windmills to communities in rural Malawi

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build his team of electrical engineers

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and

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rent an office space

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this is a key point:

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

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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 6 “big need” categories

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communityopportunitythe planet

sustainable foodhealth

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, 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

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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 $ to grow his social enterprise

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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>