Units of Trust are investments in local businesses that are neither shares nor direct loans but preferential debentures that are issued in standard denominations so local community members can easily compare offers.
Stakeholders are those individuals and groups that are important to the community. This takes on many forms – from local government who are gatekeepers to locals who have specialist knowledge to groups who are just fun to socialise with. It is important to identify these people and organisations the community will interact with and consider how to keep the relationships with them solid. This affects resilience too: the more stakeholders involved, the more resilient your community will be. Continue reading “Community and stakeholders (block 11)”
The main reason for the need for larger amounts of money in a commons initiative is to acquire assets – infrastructure. We call the infrastructure capital as it is, unlike labour and inputs, something that is used in the process of providing services but not used up. It will last many years and the cost for this infrastructure can be allocated over time. The financing of this infrastructure can be allocated over time too, being gradually paid back over the life-time of the infrastructure. Continue reading “Finding investment and investors (block 10)”
Talking about services earlier, we said that people do not want money, they want what money can buy. That is a truth with modification. People want things that money cannot buy too. They want to feel at home, they want to feel safe, they want to feel appreciated and they want to feel they can appreciate others. In short, a culture of giving, sharing and generosity is a more human culture. Continue reading “Creating a home: the gift culture (all blocks)”
This block covers two of the key areas of commons. Organizational form and governance. How do you come to agreement and how do you manage nudging people who do not follow agreements. It is better to have AN agreed method than no method at all. And better to have a formal organization than none.
Here you identify as many of the inputs as possible as well as their sources. Give rough estimates of what might be needed in weight or another suitable unit in what delivery time frame. For example: Diesel, 50 Litres weekly. Milk, 10 litres /daily.
If you are doing a big “ask” – asking for land, investments, memberships, volunteer time, a well-written prospectus can help inform people about your plans and get them on your side. One way to start planning to write the prospectus is to ask some basic question about who will read it. Who, what, why, when where and how?Continue reading “Prospectus – Planning to write”
We like to remind people that although they think they want money, they actually want what money can buy. If they could get it without money they would. In fact, back in the 1700s while Adam Smith was dreaming up modern economics, people were fairly self sufficient: they made their own clothes, and shoes, grew their own food and kept cows for dairy products. Indeed, much of what people needed was not available to buy. Part of Smith’s vision was to get people into factories to help drive transformation to a more “modern” society. Continue reading “Services (block 2)”