A Day in the Life of a CrowdCo Part 1 of 8

This article was submitted by

Bill Joyce, Facilitator at North Texas CrowdFund Roundup

Dallas/Fort Worth Area

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This article is 1st article of an 8 part series being presented by CrowdFund Roundup following two CrowdCos looking at starting their first CrowdFunding Campaign. We would love to hear your commentary here and also by emailing Bill Joyce. This part: First Step in CrowdCo Life-cycle: - Determining how and when to involve the Crowd within the product plan.

CrowdFund Roundup’s

The Day in the Life of a CrowdCo

Introduction

In building this narrative we are recording the thoughts of  two Creative CrowdCos as they set out to bring their “idea” to market through the Crowd.

Initial Structure

We start with our inner belief in the CrowdCreative Process:

• CrowdSourcing allows teams to build where they are planted while accessing quality resources around the country and around the globe. 

• CrowdFunding brings a paradigm shift to the capital formation process of start-up ventures.  It does not replace or compete with Angels, VCs or Banks but fills in the missing segment of the start-up lifecycle cash flow effectively.

• CrowdMoving our new process initiative takes the wave of open community participation to its final objective including the crowd in the entire lifecycle of the product/service.  They came and joined in the development and funding of the project; why not let them participate in the selling and profits of the work they accomplished.

CrowdCreative Companies invest in their ultimate customer from the moment 

their great idea takes shape and maintain real effective connections throughout the 

product/service lifecycle.  They have no objections to creative corporate structure 

or fear of distributive workplaces.  They just feel safer involving their customer in 

the process from the very beginning.  Crowds make great things happen.

When shifts are seen in economic cultures two things are recorded.  One - there is pain as 

the old ways reveal their issues.  Two  - a new process is created and, while  in the 

beginning many resist its unnatural actions or hypotheses, it creates a better pathway to 

economic success.

Our market economy has announced change and, due to the powerful advance in Internet 

communications, the response has been CrowdCreative initiatives.  While there will be a 

plethora of choices and styles of crowd participation the underlying fact is that product 

lifecycle structure is going to expand beyond the closed door processes of the last  70 

years.

For easy viewing of the entire 6 Page PDF presentation, please click HERE

This article is a co-operative endeavor of Vision Management, CrowdFund Roundup and the management teams of MeCareHealth and SAFE Portfolio, LLC.  For more information please feel free to contact Bill Joyce at PO Box 612347, Dallas, TX 75261 – 817-918-4667 – wcbs@aol.com