Thursday, November 3, 2016

The Collective Small Business Initiative (CSBI)


I had an idea to start the Collective Small Business Initiative (The CSBI). This is a nonprofit organization where entrepreneurs come together to help each other create each others' own small businesses. It will be an event that will hopefully cost under $100 a person (pay for rent space, paper, printer, printer equipment, refreshments, public seminars, and professional help; that's why we need a lot of participants). Everyone starts by coming up with ideas on an ideas sheet (listing ideas, desires, business structures, exploring possible niche markets, or opportunities that can help the world or communities...ect). They do this as they attend a small group session at either a full nonstop three day learning event crash course jam/ camp session; three day convention; or a three month long class schedule every Tuesdays and Thursdays). The next phase in this course is conducting a comprehensive market research and analysis. After all the data is collected, individuals complete the third phase which is making a complete business plan. Once the business plan is complete, they will have the plan proof read by their group, and proofread, reviewed, and question about anything that might be unreasonable or shady by temporary lawyers and accountants (they don't recommend to change the plan unless it's absolutely necessary). Once participants  pass this phase they are given actual job training as to how to speak with banks, clients, customers, employees, interviewees, manufactures, publishers, and lawyers so that they have the energy, confidence, leadership have expectations, and boost they need to drive their goals. The final phase is the physical experiment. In this phase they need to secure funding in advance or we will try a crowdfunding campaign on our own hosted crowdfunding platform. After they secure the appropriate funding, people will open a physical location and experiment with their idea. Participants in the Collective Small Business Initiative will all contribute to the initial opening and profitization (perhaps with great discounts) of the small business for three weeks after opening until releasing the small business on it's own hoping it will take off on it's own. We will then give the business a print page to show the beginnings of the small business and the successful completion of the course. From thence fourth, the small business will be checked again in six months, a year, and after two years. Our organization would also like to monetize from creating successful businesses, therefore we will also encourage small businesses to donate to our organization so that we can grow the organization and later in the future we can physically help fund new small businesses and product innovations. I also had the crazy idea to host a convention for experimental small business ideas (kind of like a science fair but for businesses or to get investors (like an investors trade show or something)). If I could design a structured course, the entire process for a participant creating an idea sheet to opening a small business is projected to be a 6 month process or how ever long the person wants or needs because it can also depend on the amount of time needed for funding and construction. Nevertheless, this is just my latest idea, I don't have the money or resources to actually make this happen.

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