Nicely said.  Thank you.

Jacob

---
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On Thu, Mar 4, 2010 at 9:07 AM, Devin <[email protected]> wrote:

> Laban, this is not a conglomerate; it's a movement.  Coworking will
> prosper with or without coworking.com: there is no threat of 'losing
> everything.'
>
> This thread has veered away from an important issue: how will this
> community fund it's needs.  The purchase of coworking.com was well
> executed and should serve as the foundation for developing community
> fundraising best practices.
>
> Community Fundraising Procedure
> [The Purchase of Coworking.com]
>
> 1. An individual conceives a project idea.
> [Alex decides he wants to buy coworking.com]
> 2. He/she articulates the project idea to the community.
> [Alex informs the Coworking Google Group that he wants to buy
> Coworking.com.]
> 3. Community provides feedback on the idea.
> [Community tells Alex it's interested.]
> 4. He/she estimates the amount needed for the project.
> [Alex figures out how much he needs to raise to buy the the domain.]
> 5. He/she solicits the community for the amount the project needs.
> [Alex solicits the community via the Coworking Google Group.]
> 5. Community donates funds into the account specified in the
> solicitation.
> [Alex asks people to send him funds to buy the domain.]
> 6. The individual keeps the donors and community updated about the
> project's progress.
> [Alex provides periodic reports on his progress to the Coworking
> Google Group.]
> 7. The individual provides proof of project completion.
> [Alex invites us all to coworking.com]
>
> I think this serves as a good model that we can improve and articulate
> more clearly.
>
> Full disclosure: I run beex.org, a community fundraising platform that
> individuals can use to raise money for nonprofits.  We're also opening
> a coworking space.  It's my intention to bring coworking and the
> nonprofit sector together.  Nonprofits can provide our movement with
> tax-free fundraising vehicles.  We can provide them with support,
> space and paradigm shifting ways to organize.  Exciting stuff.
>
> On Mar 3, 12:19 pm, Laban Johnson <[email protected]> wrote:
> > I find it interesting, if not ironic, that the idea of taking an extra
> step
> > to protect yourself to allow for growth would evoke such a strong
> reaction.
> > Obviously there's a story there.
> >
> > Speaking not only as your friend, Alex, Tara and others, but also as risk
> > manager for a $7B global conglomerate with hundreds of legal structures
> in
> > several countries which has existed and prospered for 176 years (with
> *all
> > kinds *of liabilities, present, past and future!) -  as unpleasant the
> > thought of doing something now to prevent losing everything later may be,
> > until the legal system changes, *until the unpleasant reality changes*,
> you
> > HAVE to do better than "the ostrich defense" to protect and defend your
> > assets, limit your liabilities and cap your exposures - its *one of the
> many
> > * costs of doing business (for profit or not!), and to shirk that duty is
> > irresponsible, period.
> >
> > There are many reasons why most small businesses fail. What kinds of
> things
> > *aren't* they doing? What business exists without risk? Mitigate it
> before
> > it is incurred.
> >
> > If nothing else, all websites should have a very good Terms of Service
> and
> > Privacy Policy as a first line of defense.
> >
> > One of my favorite quotes: If it can't hurt and it might help, it should
> be
> > done.
> >
> > Just free advice, I'm not charging for this free consultation. :)
> >
> > Laban
>
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