Hi Irene,

I have responded to Edmunds comment in detailed about the micro-management 
overhead and challenges in getting lots of part timers to work cohesively to 
deliver the required output. Using the process outlined and well written 
functional and technical specifications, we have managed to get it to work 
better than some of the well funded projects, morestraightforward projects that 
I have worked on. 

With the need for new enterprise and jobs higher than every, we're trying to 
pioneer a solution - to compliment seed funding, startup weekends, crowd 
funding and other emerging solutions - that if it works, could add a huge 
amount of value to the whole economy. Having developed the methodology and web 
based solution over 3 years, we do think that we now have a workable model. 
 
Having said that, I'm sure that you and many others may still have 
reservations, so do please voice them.



Kind regards


Senake 


-----Original Message-----
From: "Irene Rukerebuka" <[email protected]>
Sent: Wednesday, June 16, 2010 11:06am
To: [email protected], "mySociety public, general purpose discussion list" 
<[email protected]>
Subject: Re: [mySociety:public] Views wanted - on our sustainable solution 
enterprise and employment creation solution

Good point Edmund.

I'm a start-up and I did that mistake of getting too many people doing small 
tasks-didn't work that well, though you never know..

Irene




On 16 June 2010 08:44, Edmund von der Burg 
<[mailto:[email protected]] [email protected]> wrote:

On 15 June 2010 12:38:18 UTC+1, senake <[mailto:[email protected]] 
[email protected]> wrote:
> Hi Everyone,
>
> I am interested in getting your views on our sustainable solution to 
> enterprise and employment creation which facilitates the following:
>
> (1) The "funding" of business start up with peoples spare time and resources 
> - currently less than 3% of even investor ready, high growth venture 
> propositions succeed in raising finance.
> (2) Enabling individuals to help create their own well paid jobs by help a 
> start up get to market by working on an initial premium priced, but paid out 
> of revenue basis.

What sort of tasks do you envisage these individuals doing? I'd be
wary as a startup founder of having too many people working on small
tasks - even if payment is deferred. The amount of admin time would be
prohibitive.

I've always found examples more digestible than statements of intent.
Perhaps you could present this as "Bob had an idea for a widget. Steve
put in four hours a week on industrial design and Mary three hours a
week marketing. Both were on deferred payment of 2x market rates. blah
blah ... The company IPOed and now they all have yachts".

Cheers,
 Edmund


> (3) Reducing or eliminating the ongoing cost of employment and enterprise 
> support services by getting them paid for on the same premium priced, 
> deferred payment basis.
> (4) Minimising lost tax revenues due to informal collaboration and bartering 
> - our platform minimises repayment risk by enabling revenue distribution by a 
> bank or payment processor.
> (5) An increase in the number of later stage investable ventures boosting the 
> recovery.
> Details on the solution can be found at [http://www.piefinance.com/] 
> www.piefinance.com
>
> Your thoughts on it's merit and drawbacks would be much appreciated, together 
> with any thoughts on how it could be rolled out for maximum public benefit.
>
>
> Kind regards
>
>
>
>
> Senake Atureliya
> CEO
> Pie Finance Ltd & Pie Finance (Not for Profit) Ltd, London
> [mailto:[email protected]] [email protected]
>
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Irene Rukerebuka



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