Shared-Profit Start-Ups
How would you like to be a Millionaire, even a Billionaire?
Within our festival we will be soliciting and encouraging those with winning ideas for business applications to start a
shared-profit company that serves to better the world with its funding of not-for-profit and civic works projects.......all the while giving the participants a supportive venue for their creative expressions and serving their personal ambitions.
We secure the money....examine the ideas offered...work with the prospective start-ups to build a winning team and a practiceable plan of action.
You join along with other SP operations, and act as a collective...sharing resources...even employees to minimize costs and maximize return on investment.
Once your debt is paid, the company is all yours...though as part of your non-profit/civic obligation (NPC) HALF or more of your profits (your choice) will be redeemed by CHI, the Commonwealth for Human Ideals...our global commonwealth, which will do for the world, what Seattle Commonwealth will do for our region.
This is a 30 year commitment (after repayment of debt), thereafter you choose who you want your NPC to go to.
The investors who fund these shared-profits creation are paying a percentage towards our commonwealth fund...which we use to pay for Seattle Commonwealth projects, and for funding C-Systems .....in additon to the NPC your enterprise will pay to CHI for 30 years.....its a way for everyone to profit...you the creator of the enterprise, C as host and designer of the system, the investors for their money, and people of the area, which will be helping you become a greater success than you would be otherwise.
Public participation, in helping the owners/operators and employees, of these enterprises is mandatory...continual feedback and testing of products and services...our insurance policy against blindspots and unresponsive leadership.
There are a couple of options in type of shared-profit.
First, are the obligated collectives...these companies payback 100 % interest on debt or 10 percent per year for 10 years, by way of 50 percent gross profit....the other half...MUST be reinvested into the enterprise to grow it as far and fast as it may do so...when it can no longer do so...ALL profits are paid toward debt repayment.
Some profits may be allocated as loans to others in the collective...and repaid to the source company.
[ We will not fund any enterprise under a million dollars..
Nor fund any above 250 million dollars.
This is not for the guy with the hot dog stand...maybe the guy who designs and builds them, or hot dogs, or the cooking equipment, or services to hot-dog stands nationwide or worldwide...but we strictly fund those operations which can repay large sums of money in a reasonably quick time...a maximum of 10 years, meaning we expect annual returns of 20 percent+ gross profit, and annual growth of 5-10 percent...for 10 years.
If you think you might have what it takes in ingenuity, and not just ambition, contact us. ]
Once debt is repaid...the millions, perhaps hundreds of millions invested in your ideas, may result in a value for your company in the billions, at which point you may sell it, or sell securities for a happy personal return on your investment of time and effort....we get nothing...you act as a source of debt repayment AND long-term source of funding of our NPC causes, and that is plenty enough.
Second, we have the independent collective.
These SPs are funded by philanthropists and foundations, maybe cities as well.....as a means of funding their own not-for-profits and civic projects.
Here there is no debt to repay...so full ownership is not yours to be had as compensation...here compensation is negotiated...as a rule, 5-20 percent ownership, upon completion of service of 5-20 years to the company you create.
Third, there will be a single smaller collective of government SPs....funded by the State of Washington, and fulfilling a LIFELONG NPC obligation to the city of Seattle and Washington State....as a means of ending the sales taxes being paid in Seattle and that of its property taxes.
Here your compensation would be up to 20 percent and your commitment would end once the debt + inflation added interest would be paid off.
Fourth, we have the Celebrity funded and promoted enterprises...the arrangements of compensation and debt will be case by case.
Final note.
In order to maintain effective companies we need to make sure that they have the best employees and employers...meaning that while your debt repayment is in process...we will have the right to upend/amend some important decisions, including say-so's on large expenditures, executive compensation and the like...and if your leadership is not sufficiently responsive or unresponsive, we reserve the right to end it.....putting you out...the particulars of such drastic measures will be detailed....prior to any moneys going into your enterprise.
This is a must not only because of the very large sums of money involved, but also in order to make sure that after debt repayment, CHI can count on you and your people as a reliable and effective source of funds.
It's a long-term relationship, and you should think of it in those terms.
Read More about this on the INVESTORS page, and the STARTING a SHARED-PROFIT page.
...........More details to follow...
