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Source: NASA
2
we enable everyone
March 22, 2010
© 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
13
he has anidea for a business
15
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-up
funding model on its head
it’s called 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 EdisonSeptember 23, 1889
What do they care about?
sustainable food
clean water
clean-energycommunity
opportunity
global health
education for all
back to William
William needs seed capital
to scale his impact
William: “I want to harness
the wind across Africa.”
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
8 “big need” categories
community
health
opportunity
water
sustainable food
environment
energy
education
what’s a big need?
hint: it’s urgent. for example:
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(2)
One of the 70 billion animals
suffering behind the walls of
factory farms
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
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 seed $ to grow his
purposeful business model
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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>