revellion

No, I'm not searching out smart people in particular. I posted here based on the suggestion of one of your members. I am intrigued to post here as I am attempting to "feel out" potential issues that may arise. I would have to disagree surrounding the less competitive ideas and decision making. By working within the current hierarchical structure of the traditional business, employees are at the whim of the leadership and it's competence. Would you say that the 18th century model will hold true until 2020? 2030? 2050? Or is it possible that the web could help produce a new way of doing things? I would also ask, is the leadership of the "standard business model" more competent than a crowd of similar individuals? If I were an Oil executive that leads a major oil company, would I be more competent than 100 oil and gas employees with decades of combined experience (and perhaps a higher degree of innovation)? I do hear what your saying. I'm not saying "Company ABC" would be the next YouTube or Microsoft or Apple and would compete right up there, however, even a 1-5% market share would earn all members a sizable income.

It promotes and provides the framework and leadership of an open, democratic, and collaborative business model that benefits its members as a whole. The primary goal of "Company A" is to develop this framework. To develop, promote, and utilize this type of open-business with this particular type of income earning potential. "Company A" is essentially, a network of like-minded, entrepreneurial, individuals. This network then goes on to develop and create new businesses which utilize this particular framework. Initially focused on web-based business ventures, the possibility exists for physical businesses to be created as well. In short, what do we do? We work together to develop our framework, and then develop other business ventures - these ventures are decided upon by the members of "Company A".

Thank you for your reply - it's much appreciated. This area is open as to how it should operate (as is the whole business model). The thoughts that surround this are: a) Everyone is paid an equal amount for their time worked on a by the hour basis Everyone earns a "point" when they complete a task (remember, all things that need to be done are split in to individual tasks). You only earn the point if the task is completed. As I have brought this concept up to various people, this question has come up regularly. What if I did Task ABC and it took me 3 hours. Then the same task comes up later, and John completes Task ABC in 10 hours - is he going to get paid more than me? In Option A, the answer would be yes. In Option B, the answer would be no - a task is a task is a task. One could then argue "It took me 15 minutes to complete Task ABC, it took John 3 hours, therefore my time is more valuable and I should be paid more". Perhaps an equation which utilizes Option B x Reviews (just like any similar service, you could rate the completed work 5/5, 4/5, etc..).

Hi there, I was suggested to post this question at this forum. It's my understanding that there are some very bright people here, and I would appreciate feedback. This is all surrounding a business-model that I plan to implement shortly. I would greatly appreciate, questions, feedback, challenges, etc. The idea that I've been thinking about, and on the verge of beginning to implement, is a crowd sourced business. When I say this, I am referring to a business model that is completely crowd sourced. All decisions, management, and production are all done by the crowd. This business is intended to be a "real" business. This business is to operate partially as a co-operative. It is to implement an open/transparent business model with a voting democracy for it's decision making processes. It's whole organization is to be determined by the crowd - even the naming of it. Primarily, the business would be developing it's own framework - framework being the voting system. After this framework has been completed, the business would then implement new projects/startups which utilize this same framework. All members of the business are able to submit project ideas. The aim of the projects is to earn a profit, but the profit is distributed across the contributing members. It's members would consist of individuals with strengths in Internet Marketing/Social Media, Business, Creative, and IT/development. In my business model, the percentage of income would be dependent on the number of hours contributed. For example, in September, you as a programmer contributed 10 hours of work. Me as a graphic designer contributed 5 hours of work. John as a social media expert contributed 5 hours of work. Total, then, for September would be 20 hours and would be broken down as: You - 50%, Me - 25%, John - 25%. Perhaps this one particular startup that we are all cooperatively working on, has earned $5K profit in September. All profit are paid to the contributing members based on their hours contributed. In this example, you earned $2,500, and John and I both earned $1,250. Of course, if in October we did not earn a profit at all, then no one gets paid. There are a lot of other details I could explain surrounding this, but I'm unsure if you'll have the time or interest to read. In the end though, it's not even my decision how this works out - it's up to the crowd. Consider this particular start-up that I am am proposing. What would I need to do in order to help it come to fruition? Perhaps, it may look something like this; - Create a Business Plan - Develop a website - Develop a marketing plan - The website needs registration capabilities - The website needs voting capabilities We'll call that list our Product Backlog. It can change, items can be removed, added, etc. They are vague, and short. These are voted up and down in order of priority. Your votes (by the way) are relevant to the hours you have contributed to the project. Each week (or every other week), the top voted "Product Backlog item" is selected. Let's say "Develop a website" is the top voted item. We then take this item, and break it in to numerous modules: Develop a website --- User Interface --- Logo --- Wiki --- Forum --- Registration Capabilities --- Content --- etc.. All of the modules are then "jobs" available to anyone. I'm not 100% sure as of yet, how it would be determined 'who' to give the job to. For example "Add a Wiki" could be a job, and perhaps there are 10 'applicants' volunteering to complete this job. They all submit how many hours they wish to complete this. Only one person will end up being responsible for this task. He says he will require 2 hours to do this. At the end of this stage, our modules for the "Develop a website" task looks like this: Develop a website (23 hours) --- User Interface (5 hours) --- Logo (3 hours) --- Wiki (2 hours) --- Forum (3 hours) --- Registration Capabilities (5 hours) --- Content (5 hours) --- etc.. Essentially, this is how the process works. All of these tasks & modules are all for this startup Project. After working 'x' number of hours, anyone can post projects, and the process repeats itself. Perhaps you have an idea for a startup to design your own running shoe on-line. You post the project, it awaits for votes to get 'accepted', and the process begins again. This is just a very high level overview of my concept. Again, it's tough to even describe, because I'm not the 'decider' of it all - everyone is. I'm curious to know your thoughts in regards to this concept Thanks