I am working on a governance protocol to build this as an community and employee-owned team to make the best use of the funds/resources we will have in our bank account.
This means we can take you on (and members on) as partners as we grow and pay you even more as long as we grow.
And this takes away power "authority" from the CEO (me) to give you and other leaders more say, more power, and takes my resources to make you more $.
Why would I do this?
Companies are 3X more likely to succeed (and cross $1M, $10M, etc if they are employee owned vs single owner)
I've built teams around this on the leadership side where we'd hire workers and doers, but keep the core of the profits for the westerner/american teams.
And this led to me just continuing to "exploit" because that was the norm, and workers wanting to get paid $2/hr and thats ok and was fine.
But now, theres a choice. Labor costs are basically not $2-3/hr anymore. They can get down to $20/mo as a claude co subscription + $5/mo with a modal.ai cloud subscription... I believe that productivity and AI empowers the person USING ai, not just the end owner or customer getting the end deliverables of it ($ and value).
So I got to thinking -- over a few years if theres a way to do it where everyone can get involved, and not derail, damage, or screw the company us. And to make sure that we can run this not as a hippie commune but as a lethal team made up of smart people that just need to survive through this AI economic upheaval before it becomes too late.
To make this work, and to get revenue to keep things on while building training that benefits everyone I worked with a few governance books, reflected on the best practices of the past companies I ran and worked with to come to this synthesis of business protocols.
This governance protocol is also built with a few niche finance management techniques that operators use to manage their cash flow.
- Profit First for financial transparency
- Slicing Pie / Phantom Profit for how people are paid on contribution
- Bicamerial Governance so members + staff + teams + owners can discuss ideas and maybe pass/veto suggestions
Pair this with the same inclusive data the business owner has with the Obeya, and its done. Its just everyone can discuss, vote, and have all the data and the facts. Each person contributes in their own way -- they can lead or work within a system (quest) or can be a paid client/member and enjoy the training/product/resources and share what else they need to guide.
And the decisions voted in guide both as a high ICE score confidence vote (e.g. the members and team want to build this, so lets build this) vs a random but emotionally charged and untested idea by whoevers well paid or in charge)
What does this mean in practice.
This means that all new members coming in pay something as low as lets say $27/mo -- but they get a vote on how that $ is used.
And people that are compitent enough to join the team, and earn value, earn a slice of the profit sharing in proportion. E.g. If a person contributes 10% of the revenue they get 10% of the profit sharing. Easy (And as long as they don't harm the company) they keep getting $.
This way we pool resources (money, time, manpower, luck?, mental clarity, etc) together.
Make the MAXIMUM better decisions as a group to use those the most.
Its not a "$27 gets used to give Jake a lambo" (Idgaf about that), but a "Hey we collectively think if we have a 3 to 1 return on adspend, we can spend $10k to make $30k.. why don't we do that to get more members!"
And cash flow, repeat, and then decide what we do with excess profits, resources, etc.
>>>>> OK SO WHAT NOW <<<<<
In order to build this out, I've made a new category called Governance.
We can discuss this here.
I am scheduling a module on this depending on what people think.
Theres no change other than if people want to have a vote or say on how resources are used, they'd need to contribute to the resources.
And people can propose ideas, vote up, comment, as a soft yet fast way to discuss the governance of the community.
So drop this below. What do you think? I'll let this cook within the community for a few weeks to see.