Monday, April 20, 2015

The Framework

Background:
Maker spaces have shown that when you democratize resources and create a space for people to collaborate, creativity blossoms and people without the resources to build alone are empowered to engage in projects they may not have otherwise had the resources or relationships to create.

Objective:
(respond to my needs)

Strategy
Create a platform where people with different skill sets can collaborate on projects their interested in and build products, and maybe even companies, with people they would not have otherwise been able to find and connect with.

Why Crowd Building?
It takes many different skill sets to bring an idea to life.  Very few entrpreneurs hold a complete portfolio of skillsets to build a create a compelling product or build a successful business.

The crowd building platform allows people of a variety of skill sets to browse "ideas" and see if there are any they are interested in joining.

It also provides a means for the less qualified to become more qualified by:
- participating in projects related to their field of study
- building professional skills during periods of un/underemployment
- democratize corporate learning by providing remote and underprivileged people access to a network of professionals that can help them build their careers - no matter where they live.

How does it work?
Ideas

People join the platform as they would any social media and create a profile. The profile includes:
- their specialty
- their tenure on the site\
- their "points" earned
- the number of successful projects they have participated in
- whether they are available to join new projects or unavailable

Icentivizing meaningful participating:
- earn points for participation
- earn extra points for mentoring while participating
- if your project makes it to the montization stage, have the opportunity to make actual money by selling the product, court angel investment, or sell the business
To prevent people from abandoning projects: penalize by suspending from the platform or deduct points

Stages of project developmnent:
1. Post the idea:
- Provide an "elevator pitch"
- list the talent you want to acquire: do you need R&D, trades, marketing, skilled labour?
- Set privacy and put legal controls in place
- State intentions:  do you want to monetize?  Is this to support a charity? 

2. Build a team: the initiator can post the project and hope people apply to join.  They can also pursue builders by looking at their profile and selecting based on skill set, tenure, previous success, etc.  This where the idea lives or dies.  If an idea is good, the initiator will be able to attract "talent".  If the idea is not well received by his builder peers, the idea is dead in the water.

3. Layout the project:
- build a workback identifying milestones, time to completion, regular project management meeting, deliverables

4. Launch the project
-

5. Project Development
- How will work get done?  Use Asana type platform?
- What happens when/if the process breaks down?

6. Present the final product
- on the platform?


7. Evolution


of the company: company networks with local businesses to find "placements" for the projects to sell the final product.  


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