It’s a Small World After All
December 8th, 2005
Christina (Kirabo the Gift Mom) Jordan said:
On structure:
[snip]… After many months of revisiting the issues, he suggests that a Membership Club is the simplest legal structure that can enable a group of private citizens to invest as a group in virtually any way they choose. [snip]…I love imagining that small clubs /church groups/ employee groups/ online communities would be able to connect with, build a sense of community with and invest in specific communities in other parts of the world.
I am supposing the MFM would be a club of clubs… a kind of premier membership advantage to be granted to investee group members.
MEGA-BINGO - It’s a Small World After All!
Absolutely. 200%. Christina, the vision you described above is what we call the Small Is Good World, a world of Empowered Individuals working together in a global community of self-help peer relations that gives satisfaction on many personal and community levels.
This is why the second ‘M‘ in MFM (Micro-Finance Marketplace) is so important. MFM should not become an institution or heavyweight organization. MFM needs to be a lightweight marketplace.
MFM will very likely be realized as an Entrepreneurial Community Ecosystem that is brought to life by software and enabled by the Internet. Sound familiar? What is eBay? It’s a good idea (AKA a business model), a bunch of clever software that implements that good idea, and remarkably few non-market participants (AKA back-office employees) that make the marketplace work.
By creating a dynamic marketplace for the interplay of Membership Clubs, the MFM becomes a vital engine for NED (and beyond) commerce.
We believe (although we are not accountants and lawyers), that by being an enabler/marketplace for a myriad of “Better World Hook-ups” that the MFM avoids most, if not all, of the gotchas that would kick in if the MFM were to own/control significant resources/capital moving internationally. By enabling the Small Is Good World to efficiently create person-to-person agreements/exchanges, we would do a great service by reducing the bottleneck of conventional organizations and organization-centric thinking.
–Sohodojo Jim and Timlynn–
Entry Filed under: Globalization 3.0 and the Small Is Good World, MFM - MicroFinance Marketplace
It’s a Small World After All
December 8th, 2005
Christina (Kirabo the Gift Mom) Jordan said:
On structure:
[snip]… After many months of revisiting the issues, he suggests that a Membership Club is the simplest legal structure that can enable a group of private citizens to invest as a group in virtually any way they choose. [snip]…I love imagining that small clubs /church groups/ employee groups/ online communities would be able to connect with, build a sense of community with and invest in specific communities in other parts of the world.
I am supposing the MFM would be a club of clubs… a kind of premier membership advantage to be granted to investee group members.
MEGA-BINGO - It’s a Small World After All!
Absolutely. 200%. Christina, the vision you described above is what we call the Small Is Good World, a world of Empowered Individuals working together in a global community of self-help peer relations that gives satisfaction on many personal and community levels.
This is why the second ‘M‘ in MFM (Micro-Finance Marketplace) is so important. MFM should not become an institution or heavyweight organization. MFM needs to be a lightweight marketplace.
MFM will very likely be realized as an Entrepreneurial Community Ecosystem that is brought to life by software and enabled by the Internet. Sound familiar? What is eBay? It’s a good idea (AKA a business model), a bunch of clever software that implements that good idea, and remarkably few non-market participants (AKA back-office employees) that make the marketplace work.
By creating a dynamic marketplace for the interplay of Membership Clubs, the MFM becomes a vital engine for NED (and beyond) commerce.
We believe (although we are not accountants and lawyers), that by being an enabler/marketplace for a myriad of “Better World Hook-ups” that the MFM avoids most, if not all, of the gotchas that would kick in if the MFM were to own/control significant resources/capital moving internationally. By enabling the Small Is Good World to efficiently create person-to-person agreements/exchanges, we would do a great service by reducing the bottleneck of conventional organizations and organization-centric thinking.
–Sohodojo Jim and Timlynn–
Entry Filed under: Globalization 3.0 and the Small Is Good World, MFM - MicroFinance Marketplace
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