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Your guide to building a meaningful cooperative that makes a difference in your community TODAY!

Updated: Apr 21, 2021

Today we are going to show you how to build cooperative that makes a powerful impact in your community and get started in only a few days with the right resources a little luck you are going to create and a bit of grassroots hustle.


First the Coop must have a purpose and goals. A co-op is defined as an enterprise formed by a group of people to meet their own self defined goals.


The easiest way to explain a co-op is that in a co-op, the answer to the question of “who owns, who controls and who benefits from the enterprise?” is always the same – the cooperative members equally.


In this model of cooperative, we are suggesting relying on a board of directors to make decisions, empowering a president and vice president to execute the plan.


To make this easy, you will need a solid plan first and without having to build your own you can show them our system. This will help you to get the trusted people you will need from the community. See the document, "How to Select Your Board"


We get started most efficiently though setting of bench marks, and to set bench marks we must determine the value of the share, or the minimum contribution of a member who gets a vote.


We suggest $500 a share for voting members, and the following bench marks. These numbers all have deeper meaning we will share later.

# of Members 12, 24, 48, 72, 108, 144, 288, 432 and 528 members,


This allows you to create financial benchmarks of

$6000, $12,000, $24,000, $36,000, $72,000, $144,000, $216,000 and a final minimum goal of $264,000.


Similar to a network marketing company each of the 12 should agree to attempt to sign up 1 to get to 24, then all 24 sign up one to get to 48, at this point if all sign up 1 more you would out perform benchmarks by quite a lot with 96 members. Each person of the 12 only getting 3, and 24 getting 2, and 24 getting 1.


By speaking with people in the community who believe in your cause for the original 12 members, start by making a list of 50 people and sharing the vision. These should be people you believe could afford to pay for membership up front, and who have some skill to contribute or obvious way to benefit.


Attempt to speak to them on the phone whenever possible or see them in person. We suggest doing this prior to sending them materials however sharing of our Website would be an excellent idea. We will create a copy for you as part of the system, so you dont need to worry about the systems.


Ideally the first 12 members are also the future board of directors, this step is about having a clear picture to show them which we provide you.


All Coops need capital and in a coop the capital comes from the members. This means the first 12 must put in full share. With the example of $500, 12 x 500 = $6000 We also suggest having monthly membership as well for those who cannot afford it, this will allows your budgets to grow more quickly. Each Member owns 1 share to use for products and services you provide in the future.


We also suggest creating a way for these 12 to get there money back no matter what such as marketing services, physical labor what ever. To make this easy create an insurance policy so they have no risk. the 12 can provide this for each other by giving each other time on a common goal, such as keyword internet strategies, helping each other make videos, or social media post.


Basics:

Cooperative Basics

  • A Cooperative is simply one of the basic types of business structures such as a Sole Proprietorship, Partnership, Corporation, or Cooperative. A corporation could also choose to function in co-operation.

  • In a Cooperative, business success is not based on paying out profits to its shareholders but instead on solving a problem for their members, or providing them a service or benefit.

  • Cooperative Society is the future and involves all shareholders being able to make objections and those objections, and share in the benefits if they choose.

  • Cooperation means equal ownership and democratic control by the people not governments or corporations.


All members have a vote, elected board makes most decisions of operations and is transparent in monthly review.


A Co-op is not a charity but instead a simple structure for the self empowerment of communities to creatively solve their own problems and provide a necessary service or product even in the toughest of economies.


When other businesses shut down cooperatives seem to live on, and are in fact to be 2.5 times more likely to succeed than traditional corporations or companies.


This is largely in part because the members (customers) are responsible to decide its fate and can only profit through its continued service offering, meaning no one profits if it fails. This is also because Cooperatives allow local businesses to participate in something together, without worry that someone will control it and run it off the rails.


You are going to need capitol, and a cooperative gets capital most for the time from the members which will receive the products or services. The amount may vary based on what solutions the cooperative wishes to provide.


Rules

There is no substitute for talking to people face to face. Go door to door where the cooperative will operate and talk to people face to face, and answer questions. If you dont know the answers make sure you have someone to contact by phone while in front of them and repeat their questions to the person helping you answering every question.


 
 
 

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