I propose flaming turd.
I propose flaming turd.
The times when John Connally could tell European diplomats “The dollar is our currency, but your problem” are already nearly gone. The world’s currency reserves are currently at 59% US dollars, down from the year 2000’s 73%.
We are living in a material world
And I am a material girl gingerbread man
Better bring a shovel if you want current Treat Williams.
Well, then there’s a business idea for another co-op right there: one that does nothing but connect potential co-op founders. A marketplace of ideas and abilities, if you will.
Also, your co-founders will contribute time as well as capital to free you. The challenge then becomes decision-making. IMHO, if you can come to terms with relinquishing control, you can be part of a successful business in a co-op easier than in a classical setup.
Yes, I agree, it is very hard. I’ve talked to a lot of founders and was working on getting a company off the ground myself.
The perspective and the idea of a co-op however is completely different from what you describe: to distribute the hardships, the risks and rewards right from the start onto many shoulders. There’s no more “my company, my sacrifices” etc. It’s all we.
Not every business needs to expand, though. There are quite constrained markets for very specialized goods or services. I know several B2B companies that have 10-20 employees, serve several dozens up to few hundred rather small, regional customers, and they’re perfectly happy with that.
FWIW, according to this site, 24% of Germans are co-op members. The number of co-op employees is only a fraction of this, however.
I’m currently educating myself on how to create a co-op shares portfolio for some long-term investment.
I’ve been thinking about this a lot recently. No, we’re not there yet, may never be. Compare what Jesar, one of my favorite artists, can do - and that was in the oh-so-long-ago 2000s - and what an AI can do. It’s simply not up to the task. I do use AI a lot to create what is basically utility art. But it depends on pre-defined textual or visual inputs whereas only an artist can have divine inspiration. AI is more of a sterile tool, like interactive clipart, if you will.