Designing Community-First Biz Models
Make things people want!
I believe that making learning fun is a thread that runs through digital-native communities. People are naturally curious; the goal is not to kill that curiosity, but to nurture it.
Happy November Family!
I am writing to you as an APPROVED GoGetta Scout! As an entrepreneur and aspiring angel investor myself, I have joined the GoGetta Scout Community. In fact, I'm looking for businesses that are looking to raise from R1 500 000 up to R10 000 000 in exchange for equity/shares.
Reach out to me here.
Who is GoGetta?
GoGetta is Africa’s equity-based crowdfunding platform. It is an equity-based investment platform that connects African venture capital opportunities to investors worldwide.
Why Africa?
Massive adoption of digital finance and mobile money.
Low penetration of traditional financial institutions.
Cultural fit between crowdfunding and traditional community investing.
By 2050 more than half of the world’s population growth will be in Africa.
Africa’s growing youth population is taking the lead in the digital economy.
Investors get in on the opportunities redefining Africa's narrative.
Crowdfunding is a billion-dollar global industry. But where is Africa?
Africa is ready.
Entrepreneurs are hungry.
Investors are seeking.
GoGetta is where they meet.
We are creating a home for Africa's business entrepreneurs and opening the gates for hungry investors looking to put their money into Africa.
💰 Incentivize creativity and innovation
This is a huge idea that's been around for decades, but it's never been easier to implement than now. Incentivizing creativity and innovation can help us build a person economy that's fairer. Creators can be rewarded on their own terms, so they're incentivized to create things that matter to them rather than just churning out content for the sake of making money.
Join my (free) Monetization Strategy for Creators workshop this Friday at 19:00pm SAST here.
Today’s free newsletter is sponsored by The Wiz Effect.
The Wiz Effect exists to help ambitious youth make more money + live richer lives while doing less work.
The community is centered around the big purpose of bringing together freelancers, creators, consultants, and solopreneurs to develop a “value-based” approach in selling and pricing their services so that they can stop undercharging with hourly billing, and start value pricing and charge what we’re worth.
It is a community where you get what you put in. They have a supportive and encouraging community of like-minded people who are here to help you get what you want. Find mentors, learn the latest strategies, and have access to powerful information that can take your income to the next level.
From business to culture, they’re committed to supporting youth creators and innovators as they create the future we all want to live in.
Become a Community Member here.
🌐 Building communities around our creative works and passions
Community is a powerful force for good.
A community can be as large as your hometown, or as small as the people you meet in your daily life. It doesn't matter if it's made up of 10 people or 10 million; the point is that when we feel connected to others and give back to our communities with kindness and support, we're able to do more of what we love—and it feels great!
It may seem daunting at first, but starting a community from scratch isn't impossible: look for opportunities where you might find like-minded individuals who are willing to participate in meaningful discussions about their interests. You might start out by hosting weekly meetups at your house or organizing volunteer opportunities for interested parties every month. If there aren't any existing groups nearby that align with what you're looking for (or if those groups don't appeal), consider creating something entirely new! The important thing here is that you'll have fun along the way, so don't worry about making mistakes along the way either; just keep going until something clicks with other people too!
A world with no leverage…
We need to create a new economy for the 21st century. It’s not enough to simply be aware of how unfair and unsustainable our current economic model is. We need to invent something better.
Our economy is built on a foundation of consumerism, but consumers aren’t people—they are products themselves, being sold by companies that want to make money off them as much as possible. That system rewards anyone who can convince people that buying one thing over another will give them meaning or happiness (whether or not that thing actually does). Consumers vote with their dollars to support those messages and receive more of them in return, further validating their belief that they really do need more stuff in order to be happy.
This system rewards manipulation over authenticity; it values profit over people, planet and future; it has no regard for human dignity; it denies us all dignity—the dignity that comes from having a fair shot at supporting ourselves with our creativity rather than just trying harder at being consumers who work harder at spending money faster than we earn it so we can buy more stuff because if we don't buy it someone else will get ahead by selling theirs instead.
🤔 How can we create a person economy that is fairer, and where creators can be rewarded on their own terms?
The person economy is an economic system that values human-centered design, as opposed to the traditional corporate model.
A creator economy is a person economy that gives people more control over their time and money.
A creator is someone who creates things. They are often artists or craftsmen, but they can also be software developers, writers or other professionals who pursue creative pursuits in addition to their regular work.
Be your own patron, create your own personal token.
There are a few different types of tokens out there, but in this article, we’re going to focus on the ones that are most applicable to the average person.
There are two main kinds: personal and social.
Personal tokens can be used as rewards or incentives for your friends and family—for example, giving your child an allowance or paying your spouse after a long week at work.
Social tokens can be given as gifts by anyone who wishes to support an artist or creator they admire; these creators often enjoy these donations more than money because they feel supported by their community (and they also get something in return). A social token is essentially just like any other digital currency (like Bitcoin) except you have no idea how much it’s worth until someone buys it from you!
The internet is a powerful tool for connecting people with each other, and social media is a great way to do it.
We just need to leverage these distribution platforms to monetize our craft at a higher level!
In conclusion, I hope that this article has helped you understand the importance of empowering individuals, and in particular creators. I believe that we have a lot to learn from the open-source software movement, which has developed models for how people can be rewarded by contributing to projects they care about. This is not just an issue for software engineers; it’s also one that affects all kinds of creators across different industries and fields. And while many people think they can’t make a difference—because they don't work at companies like Google or Facebook—I would argue that everyone who creates something new deserves fair compensation for their work!
There you have it, Designing Community-first business models for making things people want.
If you’d like to discover more ways to monetize your digital content using technology like Web3 and NFTs, I’m holding a free workshop “The Monetization Strategy for Creators” this Friday at 19:00pm SAST.
Register to join here (spots are limited).
In the workshop, I’ll reveal how you can monetize your digital content at a higher level while working less.
There will also be a Q&A time at the end where you can ask me any of your burning questions about digital assets.
It’s going to be a great time, and I hope you’ll join me.
Let’s ALL make it!
Wisani
P.S Whenever you’re ready, there are 4 ways I can help you:
Join my free Monetization Strategy for Creators workshop here.
Prepare yourself and your business for Web3, NFTs and Blockchain with 1:1 coaching here.
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Follow me on Linkedin for more monetization frameworks, digital assets education, and community-building systems.
