The $1K Challenge - Tell Me More

If the concept of Group Economics Co-operative Economics Joint Venture Partnering Co-operative Marketing and Team Building sounds like an interesting concept then let's dig a little deeper into this thing and get some more in depth information and see how we can make this thing work.

First of all lets focus primarily on fundraising or start up capital for a small business start-up or a cause a charity a non-profit foundation or some other legal and ethical fundraising goal.

There are several options when it comes to fundraising. Some are more traditional and others are more creative or non traditional. And here is a quick list of different methods. These aren't the only choices but these are the options we will include.

(1) Loans from banks or other lenders

(2) Grants from the government or from private foundations companies or individuals

(3) Direct Investors can invest in your business in return for an equity share or a portion of the profits or some other arrangement

(4) Crowdfunding uses funds from social media sites or promotional campaigns usually for  specified time period. Funds are usually in the form of donations.

(5) Joint Venture Partnerships are a group of two or more partners who pool their resources together for a small business start-up or some other type of joint venture.

For our purposes we will be choosing the joint venture option in the form of Group Economics or Co-operative Economics. For that option we have chosen to raise funds marketing and promoting generic products and services from existing vendors or suppliers.

We have created a system using these fundraising tools to accomplish our fundraising objectives. Kids have done it for years using candy popcorn or plant or flower seeds. We do something similar using small business financing or fundraising mechanisms with a variety of real world product choices that can be used for any legal or ethical purpose that people choose to use the funds for.

They are split into two categories. Community Investment Programs or Small Business Investment Programs. CIPs are usually for the system itself and customizable for any general purpose. SBIPs are usually designated for a single specific niche. We each individually choose what niche we want to focus on that we want to promote personally for a small group of investors.

The fundraising tool or mechanism we use is called a Retail Profit Center or an RPC. These can be adapted to any small business niche or fundraising cause.

For the CIP or SBIP you can use a suggested 5 or 10 investment partners for your niche enterprise or SBIP. For general CIPs the numbers could be hundreds or thousands. They would have to form their own SBIPs using the system tools. This would still not be unlimited in size numbering into the millions. The system would eventually lose it's effectiveness at those large sizes.

This is a limited opportunity and not open to the large masses of consumers. The integrity of the system would eventually become very diluted. Unfortunately the focus will eventually become almost solelyon small businesses managing their ventures and serving their customer base.

This is basically a three step system.

(1) Follow the daily steps during training and setting up your systems
(2) Setting up and working your funding system
(3) Setting up and managing your niche customer delivery system.

You begin by marketing your funding system. We call it The Cash Flow Pipeline System or The CFPS. The CFPS is what we use to raise funds with. The pipeline contains a variety of different tools products and services from different vendors and suppliers and can be used in doing and transacting normal business. This pipeline can also be changed amended or updated if need be. We can choose to use all some or none of the products. These are only options or suggestions.

Some who use the system may choose to be our direct niche partners but most will have niche businesses and direct partners of their own. The choice is totally up to you and them.The system will work the same whether some people are direct partners of yours or not.

And that's it. Those are the three steps. Take The $1K Challenge and see how long it will take you to break that first $1K threshold. Once you break that then you will probably be hooked for life. Once you start repeating the process over and over again in the niche of your choice then why in the world would you ever want to stop that? Seriously?