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worked quite a bit
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== Executive summary ==
== Executive summary ==
* Funding will come from a diverse size of monetary investments, from perhaps a few dollars to an unlimited amount.
This plan will only work if many people contribute. If they do not, this simply will not work.  
* The products that will be used to create a return on investment will be created by and decided upon by the investors and community involved in the business.


== Organizational background ==
Funding will come from a diverse size of monetary investments, from perhaps a few dollars to an unlimited amount.  
Anyone can join this organization, and anyone can help fulfill the mission that is decided upon by the participants.


=== Mission ===
The products that will be used to create a return on investment will be created by and decided upon by the investors and community involved in the business.
'''"Our mission is to help alleviate problems in the world through innovative and collaborative means, to democratize education, and remove barriers to access"'''


=== History ===
Anyone can join this organization, and anyone can help fulfill the mission that is decided upon by the participants. This fits into Wikiversity because this business will be about teaching and learning whilst working towards the mission.
Founding date: '''19 October 2007'''
 
== Mission ==
'''"Our mission is to help alleviate problems in the world through innovative and collaborative means and to learn and better ourselves during the process"'''


== Marketing ==
== Marketing ==
For each significant substitute product one must explain:
For each product:
* Name, features, why substitute, why proposed product better
* Name, features, why substitute, why proposed product better
** Create a product with a subpage like [[/One or More Laptops Per Person/]], [[/Feed Everyone Project/]], [[/oPhone/]] and so forth  
** Create a product with a subpage like [[/One or More Laptops Per Person/]], [[/Feed Everyone Project/]], [[/oPhone/]] and so forth  
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* Expected role once market begins to develop (see above for existing products)
* Expected role once market begins to develop (see above for existing products)


=== Pricing ===
== Pricing ==
* Chosen price points
* Chosen price points
* Proposed [[Wikipedia:Pricing]]
* Proposed [[Wikipedia:Pricing]]
* Research supporting chosen price points
* Research supporting chosen price points


=== Distribution ===
== Distribution ==
* [[Wikipedia:Distribution (business)]]  
* [[Wikipedia:Distribution (business)]]  
* List of major distributors
* List of major distributors
* Current status of negotiations
* Current status of negotiations


=== Promotion and brand development ===
== Current products and projects ==
* [[Wikipedia:Promotion (marketing)|Promotion strategy]]
The promotion of this company and this companies products will be done virally.
 
=== Current products and projects ===
Suggest some. Use subpages please.
Suggest some. Use subpages please.


* [[/Linux Boxes/]]
* [[/Linux Boxes/]]


=== Manufacturing/deployment ===
== Manufacturing/deployment ==
* [[Wikipedia:Supply chain]]
* [[Wikipedia:Supply chain]]


=== Information technology ===
== Information technology ==
Wikis...
Wikis...
* Systems needed
* Systems needed
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* Custom development requirements
* Custom development requirements


=== Staffing ===
== Staffing ==
Once capital is accrued utilize those desiring to learn, and where someone can't fulfill a role in a safe learning capacity, hire someone to do it and teach others how to do what they are doing when appropriate.
Once capital is accrued utilize those desiring to learn, and where someone can't fulfill a role in a safe learning capacity, hire someone to do it and teach others how to do what they are doing when appropriate.


Please add...
Please add...


==== Organizational learning ====
== Organizational learning ==
The organizational learning plan discusses what lessons will be learned from the marketing, operational, and finance plans and how those lessons will be consolidated to gain strategic advantage.
The organizational learning plan discusses what lessons will be learned from the marketing, operational, and finance plans and how those lessons will be consolidated to gain strategic advantage.
* Market sensing - organization's method for collecting information about customers (George Day)
* Market sensing - organization's method for collecting information about customers (George Day)
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See also: [[Wikipedia:Financial plan]]
See also: [[Wikipedia:Financial plan]]


=== Funding plan ===
== Funding plan ==
* Micro investments?
* Micro investments?
: Everyone earns a share in the profits depending on how much they invest.  
: Everyone earns a share in the profits depending on how much they invest.  
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: % of business owned = (An individual's investment) / (Total all owners have ever invested)
: % of business owned = (An individual's investment) / (Total all owners have ever invested)


=== Financial forecasts ===
== Financial forecasts ==
* Sometimes called [[Wikipedia:Pro forma|'pro forma]]s'
* Balance sheet
** Balance sheet
* Income statement
** Income statement
* Cash flow statement
** Cash flow statement
* 1-3-5-7 year projections (depends on length of project)
* 1-3-5-7 year projections (depends on length of project)
** For loans, the repayment period determines length of projections. For example, a six month loan doesn't need a seven year forecast.
** For loans, the repayment period determines length of projections. For example, a six month loan doesn't need a seven year forecast.
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For more information, see [[Wikipedia:Risk analysis]].
For more information, see [[Wikipedia:Risk analysis]].


* Market risks- lack of surgeons; large geographical area so that we don't compete against our own clients;
* Potential threat to market share - advertising companies
** New entrants to market
* Slower than expected adoption
*** Ease of entry
*** Potential threat to market share - advertising companies
** Slower than expected adoption
* Operational risks
* Operational risks
* Staffing risks- embedding the right candidate for the right surgeon
* Staffing risks - embedding the right candidate for the right surgeon
** Availability of skilled workforce- x-pharma reps, x-equipment reps
** Availability of skilled workforce - x-pharma reps, x-equipment reps
** Union issues
* Financing risks
* Financing risks
** Liabilities
** Liabilities
** Poorly worded investor contracts at risk for litigation
** Investor pull-out
** Investor pull-out
** Lack of follow-on funding to complete project
** Lack of follow-on funding to complete project
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** Agency risk particular to the venture
** Agency risk particular to the venture


=== Risk management ===
== Risk management ==
Detailed plans are more often found as part of in internal plans.
 
For both companies and consumers that participate in online business, security concerns are very important. Many consumers are hesitant to buy items over the Internet because they do not trust that their personal information will remain private. Recently, some companies that do business online have been caught giving away or selling information about their customers. Several of these companies have guarantees on their websites, claiming customer information will be private. By selling customer information, these companies are breaking their own, publicized policy. Some companies that buy customer information offer the option for individuals to have their information removed from the database (known as opting out).
For both companies and consumers that participate in online business, security concerns are very important. Many consumers are hesitant to buy items over the Internet because they do not trust that their personal information will remain private. Recently, some companies that do business online have been caught giving away or selling information about their customers. Several of these companies have guarantees on their websites, claiming customer information will be private. By selling customer information, these companies are breaking their own, publicized policy. Some companies that buy customer information offer the option for individuals to have their information removed from the database (known as opting out).


Plans written for funders may need to include a high level description if there are significant controllable risks.
Plans written for those funding the business may need to include a high level description if there are significant controllable risks.
* Methods and procedures to limit liabilities
* Methods and procedures to limit liabilities
* Reserve funds
* Reserve funds
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== Decision making criteria ==
== Decision making criteria ==
* Wikipedia: [[Wikipedia:Break even analysis|Break even analysis]]
* Wikipedia: [[Wikipedia:NPV|NPV]]
* Wikipedia: [[Wikipedia:IRR|IRR]]
* Wikipedia: [[Wikipedia:Balanced Scorecard|Balanced Scorecard]]
As aforementioned <!-- some of this aforementioned material will be written later--> funding is done collaboratively and at a micro scale. Additionally, the finances of this business are '''totally open''' ''all the time''.  
As aforementioned <!-- some of this aforementioned material will be written later--> funding is done collaboratively and at a micro scale. Additionally, the finances of this business are '''totally open''' ''all the time''.  


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The actual consensus mechanism could be formal (an electronic vote through a voting system [like board elections] or simply on wiki.
The actual consensus mechanism could be formal (an electronic vote through a voting system [like board elections] or simply on wiki.


<!--What are those things called, I've seen them in movies, where there are maybe 10 keys to open a box, and all ten keys have to be present, and 10 different people hold keys to open the treasure.. what movie? is there a name for those devices?-->
<!--What are those things called, I've seen them in movies, where there are maybe 10 keys to open a box, and all ten keys have to be present, and 10 different people hold keys to open the treasure.. what movie? is there a name for those devices? Something analogous to this could be used to allocate funds. -->
 
The actual mechanism to spend monetary capital could have a more formal system. We give a trusted member of the community who is going to execute the purchasing, using the capital, on behalf of the business the ability to do so. And this is done through memembers of the business who are eligable to vote all agreeing through a formal mechanism to all a certain memember to spend "x" ammount of dollars on "x" item/items/service and use it for "x" purpose. Then proof that the item was used for such purpose could be done through receipts, photos, video, or simply reminents, in the sense that is physically in a certain location where all could go see it.
The actual mechanism to spend monetary capital could have a more formal system. We give a trusted member of the community who is going to execute the purchasing, using the capital, on behalf of the business the ability to do so. And this is done through memembers of the business who are eligable to vote all agreeing through a formal mechanism to all a certain memember to spend "x" ammount of dollars on "x" item/items/service and use it for "x" purpose. Then proof that the item was used for such purpose could be done through receipts, photos, video, or simply reminents, in the sense that is physically in a certain location where all could go see it.


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* [[Wikipedia: Business plan]]
* [[Wikipedia: Business plan]]
* [[Wikipedia: Post scarcity]]
* [[Wikipedia: Post scarcity]]
* [[Wikipedia:Promotion (marketing)]]
* [[Wikipedia:Break even analysis]]
* [[Wikipedia:NPV]]
* [[Wikipedia:IRR]]
* [[Wikipedia:Balanced Scorecard]]
* [[Wikipedia:Pro forma]]


== See also ==
== See also ==

Revision as of 02:11, 1 July 2008

ChristianityThis is a rough draft.

Please edit this plan and feel free to fork it and create another plan, or subplan. Be Bold!

Executive summary

This plan will only work if many people contribute. If they do not, this simply will not work.

Funding will come from a diverse size of monetary investments, from perhaps a few dollars to an unlimited amount.

The products that will be used to create a return on investment will be created by and decided upon by the investors and community involved in the business.

Anyone can join this organization, and anyone can help fulfill the mission that is decided upon by the participants. This fits into Wikiversity because this business will be about teaching and learning whilst working towards the mission.

Mission

"Our mission is to help alleviate problems in the world through innovative and collaborative means and to learn and better ourselves during the process"

Marketing

For each product:

  • Name, features, why substitute, why proposed product better
  • Switching costs and why new product justifies switching
  • Expected adoption dynamics
  • Expected role once market begins to develop (see above for existing products)

Pricing

  • Chosen price points
  • Proposed Wikipedia:Pricing
  • Research supporting chosen price points

Distribution

Current products and projects

Suggest some. Use subpages please.

Manufacturing/deployment

Information technology

Wikis...

  • Systems needed
    • Operations: Billing, HR, SCM, CRM, Knowledge bases, etc
    • Websites: internal, public
  • Security and privacy requirements
  • Hardware requirements
  • Off-the-shelf software needed
  • Custom development requirements

Staffing

Once capital is accrued utilize those desiring to learn, and where someone can't fulfill a role in a safe learning capacity, hire someone to do it and teach others how to do what they are doing when appropriate.

Please add...

Organizational learning

The organizational learning plan discusses what lessons will be learned from the marketing, operational, and finance plans and how those lessons will be consolidated to gain strategic advantage.

  • Market sensing - organization's method for collecting information about customers (George Day)
  • Strategic Staircase - the accumulation of future competencies by building on existing competencies. (Michael Hays, Costas Markides)

Organizational memory

Financial plan

Nanoinvesting.

The basic economics of this business are important. From start to finish, this business is wiki wiki wiki. It doesn't matter who contributes. There will need to be policies and guidlines specific to this business. Be civil. Act in good faith. Assume good faith. Don't revert. Don't delete. Change, play, be creative.

Finances are of importance.

Everyone earns a share in the profits depending on how much they invest.
Share of profits = (% of Business owned) * (Net earnings - a certain % reinvested in the company)
% of business owned = (An individual's investment) / (Total all owners have ever invested)

Everyone decides together (consensus) how money is allocated. Everyone decides what projects are funded. People stick to what they are good at (and can teach others) and what they want to learn about.

Intellectual property will be licensed creatively. GFDL, CC-By... and so forth (to be determined)... probably just GFDL unless they're is a compelling reason to switch.

See also: Wikipedia:Financial plan

Funding plan

  • Micro investments?
Everyone earns a share in the profits depending on how much they invest.
Share of profits = (% of Business owned) * (Net earnings - a certain % reinvested in the company)
% of business owned = (An individual's investment) / (Total all owners have ever invested)

Financial forecasts

  • Balance sheet
  • Income statement
  • Cash flow statement
  • 1-3-5-7 year projections (depends on length of project)
    • For loans, the repayment period determines length of projections. For example, a six month loan doesn't need a seven year forecast.
    • For investments, points at which returns are stabilize (terminal value) determines length of forecast.
  • Annual, quarterly, and monthly versions should be provided.
  • Graphs of key values like gross revenue, EBITDA, NPV, and so forth are often helpful.
  • Financial portions of the marketing, asset development, and operations are often placed in this section rather than in the section discussing the specific aspects of the plan. They are viewed as elaboration on the various line items in the pro-formas.

Risk analysis

For more information, see Wikipedia:Risk analysis.

  • Potential threat to market share - advertising companies
  • Slower than expected adoption
  • Operational risks
  • Staffing risks - embedding the right candidate for the right surgeon
    • Availability of skilled workforce - x-pharma reps, x-equipment reps
  • Financing risks
    • Liabilities
    • Investor pull-out
    • Lack of follow-on funding to complete project
  • Managerial risks
    • Poor board or investor dynamics
    • Agency risk particular to the venture

Risk management

For both companies and consumers that participate in online business, security concerns are very important. Many consumers are hesitant to buy items over the Internet because they do not trust that their personal information will remain private. Recently, some companies that do business online have been caught giving away or selling information about their customers. Several of these companies have guarantees on their websites, claiming customer information will be private. By selling customer information, these companies are breaking their own, publicized policy. Some companies that buy customer information offer the option for individuals to have their information removed from the database (known as opting out).

Plans written for those funding the business may need to include a high level description if there are significant controllable risks.

  • Methods and procedures to limit liabilities
  • Reserve funds
  • Continuity of operations plan

Business plans typically cover five major content areas:

Decision making criteria

As aforementioned funding is done collaboratively and at a micro scale. Additionally, the finances of this business are totally open all the time.

Everyone who puts monetary or human (work) capital into the business will a chance to influence the outcome. All decisions are made by consensus.

The actual consensus mechanism could be formal (an electronic vote through a voting system [like board elections] or simply on wiki.


The actual mechanism to spend monetary capital could have a more formal system. We give a trusted member of the community who is going to execute the purchasing, using the capital, on behalf of the business the ability to do so. And this is done through memembers of the business who are eligable to vote all agreeing through a formal mechanism to all a certain memember to spend "x" ammount of dollars on "x" item/items/service and use it for "x" purpose. Then proof that the item was used for such purpose could be done through receipts, photos, video, or simply reminents, in the sense that is physically in a certain location where all could go see it.

Wikimedia

See also

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