FUTURE OF FUNDING #8 – SOCIAL IMPACT
Karl Dakin
Capital Coach | Stakeholder Investor Campaigns | Design, Stage, and Manage or Support | Reduce Time, Money, and Risk of Raising Funding | Increase Probability of Success! | Opportunity Management
QUICK CALENDAR
TUESDAY, NOVEMBER 19, Successful Funding show, 8 am Mountain Time / 10 am Eastern Time – Dr. Tom Frey – Future of Entrepreneur Funding
WEDNESDAY, NOVEMBER 20, Belize Real Estate and Life Styles show, 8 am Mountain Time / 10 Eastern Time
WEDNESDAY, NOVEMBER 20, Don Cohen show, 9 am Mountain Time / 10 Eastern Time
THURSDAY, NOVEMBER 21, Community Revitalization show, 8 am Mountain Time / 10 Eastern Time
?ASK CAP
?CAP, my artificial intelligence (AI) avatar, is available on my website 24/7/365 to answer your questions for free on matters related to funding.
?I developed CAP with a license from Knowledge Avatars to answer common questions about funding to save myself time to answer the harder questions.
?I asked CAP, “What is ESG?”
CAP responded:
“ESG stands for Environmental, Social, and Governance. It represents a set of criteria used by investors to evaluate a company's operations and impacts, considering factors such as sustainability, social responsibility, and governance practices. This framework helps investors assess potential risks and opportunities associated with a business, influencing capital raising strategies by appealing to a growing number of socially conscious investors.”
FUNDING HAPPENINGS
Gaping Void provided another great commentary on Trust.
FUNDING POINT – FUTURE OF FUNDING #8 – SOCIAL IMPACT
Next Tuesday, on my Successful Funding show, I will have Dr. Tom Frey, who is a world-class futurist, as my guest. We will be talking about the future of funding. Tom has a rare ability to see today’s trends 10 to 25 years into the future and see where these trends converge, which can have a major impact on individuals, businesses, and governments.
?One of the major changes that is occurring is businesses being evaluated on ESG stands for Environmental, Social, and Governance.
?In the future, what this means will become clarified. Measurements will move from the subjective to the objective.
Currently, a small business forecasting the future is solely focused on cash flow projections, out of which the profits will possibly be shared with investors.
?In the future, businesses will be expected to provide ESG forecasts. They will need to do more than simply state they are ‘doing good’ or ‘performing above average in protecting the environment’ or adding individuals to their managing boards that come from different sexes, people of color, or minority interests.
?Addressing this issue is part of the work I am involved with as a co-founder of RCI Community Funds Benefit LLC. As we are designing community investment funds, we seek to support underserved, economically distressed, and disinvested communities in building community capital. As we are diving deep into this challenge, we have initially broken this out into:
·?????? Community wealth
·?????? Community skills
·?????? Community social unity
?Community wealth represents the collective wealth of all of the individuals, businesses and organizations that are headquartered within the community. Wealth is measured in assets: cash, real estate, personal property, and intellectual property.
?Community skills represent the collective skills of every resident of the community. Skills represent the market value of an individual based upon their talent, knowledge, and training, which contributes to their ability to earn a wage or to operate their own business.
?The community social unit represents the action of individuals, businesses, and organizations to act collectively. This evolving metric measures how everyone in the community is engaged and works to a common benefit. In the establishment and operation of a community investment fund, we will measure every resident’s awareness of, support of, investment in, and benefit from the fund. We are describing this as moving ‘stakeholders to stockholders’ where residents are directly and indirectly participating in and benefiting from the benefits of the community.
?Using these metrics, investments made by a community investment fund in real estate and local businesses may be viewed as successful if:
·?????? Individuals, businesses, and organizations realize an increase in net worth
·?????? Individuals are able to command better-paying jobs
·?????? Individuals, businesses, and organizations have increased participation and benefit from community activities
?As previously discussed in this Instant Funding newsletter, every small business is achieving some or all of these metrics. However, they are not tracking and reporting this information.
BELIZE REAL ESTATE & LIFESTYLES SHOW
NEXT WEDNESDAY, NOVEMBER 20, Boris Mannsfeld and I will host the inaugural Belize Real Estate & Life Styles show at 8 am Mountain Time / 10 am Eastern Time (this show is rescheduled from a few weeks ago). The program will provide insight into doing business and living in Belize.
You may view the show live or watch it later as a recording at:
SUCCESSFUL FUNDING SHOW
?NEXT TUESDAY, Thomas Frey CSP will be my guest on the Successful Funding show at 8 am Mountain Time / 10 am Eastern Time. Dr. Tom Frey is a world-class futurist. We will be talking about the future of funding.
?You may watch the show live or watch the recording at a later time at:
LAST TUESDAY, Andrew Sherbo with the University of Denver, Daniels School of Business, was the guest on my Successful Funding show. We discussed entrepreneur education. The conversation renewed the concerns from last week’s show with Eric Hanson on the need for greater financial literacy – personal, business, and community. Basic concepts such as return on investment (ROI) based upon the time value of money and the need for planning pointed to challenges remaining for educators.
You may see a video recording of the show at:
DON COHEN SHOW
YESTERDAY, I was the guest on the Donald Cohen show. We talked about strategy. The act of forming a strategy serves to guide an organization in future planning and operations – to point the organization in a specific direction. Strategy development is improved by having more people participate to create multiple perspectives based on a broader range of experiences.
If you would like to a recording, go to:
You may subscribe to this Weekly edition of my Instant Funding Newsletter, or you may subscribe to my Daily edition.
Karl Dakin, the Capital Coach
Dakin Capital LLC
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4 个月Thats going to be veary Interesting event thanks for sharing karl Dakin this best wishes to each and everyone their ?????????????????????????
Inventor at PITek.US
4 个月FYI
Capital Coach | Stakeholder Investor Campaigns | Design, Stage, and Manage or Support | Reduce Time, Money, and Risk of Raising Funding | Increase Probability of Success! | Opportunity Management
4 个月Are you measuring your social impact?