Wednesday, December 14, 2005

Develop a New Humanitarian Organization to Serve a Billion People Better than a Billionaire!

Good morning, Successful People!

Are you feeling motivated this morning? I certainly hope so. I know that I am!

I am going to lay out this subject in its simplest form. I invite you to add your questions as comments to this post. I will answer each one below so that others can gain from the same information.

Most billionaires don't try to launch their own new billion dollar humanitarian organizations. Rather, they set up a foundation to give out grants to run experiments that they hope some one else will fund. It's like venture capital for humanitarianism. That approach works fine as far as it goes. .

Here's a typical situation:

An organization focuses on a special problem that occurs in many areas such as a lack of clean, potable water. They develop a technology that shows promise for extending these benefits for more people. Fifty sites are used as an experiment.

Five years later, no one is using this equipment. It's sitting broken with parts stripped off for other uses. No one knows how to repair the equipment or how to create funds to maintain the operation.

Having met many successful and unsuccessful humanitarian innovators, I am constantly reminded that many such innovators may have more heart than practical ideas. Most such innovators emphasize one potential advantage in their approach. Their approach falters when the organization cannot deliver that advantage, beneficiaries are unimpressed or there's no ongoing support to maintain the approach.

Here’s a better approach for the 21st century: Create the right three 2,000 percent solutions and you’ll soon have a humanitarian organization serving billions even if you are starting with limited resources.

The three 2,000 percent solutions are:

1. A way to increase the number of people served by 20 times over any existing approach by empowering those who need the help to create and sustain their own benefits;

2. Reduce the organizational and beneficiary costs to create and use the benefits by 95% and invest some of the savings into more benefits not offered by existing organizations for beneficiaries other stakeholders; and

3. Accelerate recruitment of new beneficiaries to develop these benefits to 20 times the best rate of any existing organizations.

On the surface, that sounds like three times the work of creating one 2,000 percent solution. That’s right. But because the benefits multiply against each dimension, the effect is to increase profits by 800,000 percent over a conventional humanitarian organization. That’s worth three times the effort.

To make this process easier, I have decided to create The Humanitarian Master Mind beginning in 2006.

Members will develop new humanitarian models that combine the three essential 2,000 percent solutions into their humanitarian solutions. In doing this, they will be supported by their fellow humanitarians in the Master Mind and by me.

Each member will receive these benefits:

1. Detailed directions, examples and coaching for how to create these three 2,000 percent solutions.

2. Weekly tele-seminars exploring the creation of superior humanitarian approaches built from these three 2,000 percent solutions and how to implement them.

3. Introductions to fellow master mind members with complementary interests and talents to pursue joint ventures and other collaborations.

4. Publicity about their ventures and introductions to donors when these those benefits are desired and appropriate.

5. Twice a year evaluations of humanitarian models and plans.

6. The option to exclude potential competitors from the master mind while in the group.

The charge for these services will be one annual fee that covers membership for up to 12 months.

All staff services for the master mind will be provided by me. I am co-author of The 2,000 Percent Solution, The 2,000 Percent Solution Workbook, The Irresistible Growth Enterprise, The Ultimate Competitive Advantage and the forthcoming The 2,000 Percent Squared Solution.

Applications for membership are now being accepted. Contact me at ultimatecompetitiveadvantage@yahoo.com for more information. Label your e-mail's subject as I Want to Build a Humanitarian Organization to Serve a Billion People.

Could a billionaire do better? I sincerely doubt it.

When was the last time a billionaire created three 2,000 percent solutions in one humanitarian organization to serve over a billion people? I'm not sure it's ever been done by a billionaire

************************************

N.B. As you can tell, I'm experimenting with color. Let me know what you like and what I should change about my use of color.

Please let me know what else you would like to learn, and I'll do my best to help in future blog entries.

Thanks so much for your support of this blog. I'm delighted that so many tens of thousands of people have made this blog part of their regular reading habit!

If you like this blog, please let others know who might also enjoy it. E-mailing your favorite post to them is a great idea.

Thank you to my many friends, students, clients and blog readers who are spreading the good word about this blog.

If you are visiting today because someone invited you, I'm delighted to meet you! Let's stay in touch.

Remember to also visit

Live Spiritually Better than a Billionaire at http://livespirituallybetterthanabillionaire.blogspot.com/,

Be a World Hero Better than a Billionaire at http://beaworldherobetterthanabillionaire.blogspot.com/

Create Your Own 2,000 Percent Solutions at
http://2000percentsolutions.blogspot.com/,

Enjoy Mansions Better than a Billionaire at http://enjoymansionsbetterthanabillionaire.blogspot.com/ and

Enjoy Football Better than a Billionaire at http://enjoyfootballbetterthanabillionaire.blogspot.com/.

I am available to you as a speaker on these subjects. You can find my background at http://livebetterthanabillionaireon5dollars.blogspot.com/2005_08_30_livebetterthanabillionaireon5dollars_archive.html/.

May God bless you. Merry Christmas!

Donald W. Mitchell, Your Dream Concierge

Copyright 2005 Donald W. Mitchell

Develop a New Billion Dollar Business Better than a Billionaire!

Good morning, Successful People!

Are you feeling motivated this morning? I certainly hope so. I know that I am!

I am going to lay out this subject in its simplest form. I invite you to add your questions as comments to this post. I will answer each one below so that others can gain from the same information.

Most billionaires don't try to launch their own new billion dollar businesses. Rather, they are more likely to invest in venture capital funds seeking high rates of appreciation. The odds are that of 30 businesses they invest in, 27 will never be worth much. Three will have some significant value . . . and none of them will become a billion dollar business.

Here's a typical situation:

The CEO of a start-up workstation company proudly displayed his products and business projections. An engineering consultant had validated the technical superiority of the company’s offerings. All would be well . . . if only another $30 million in capital could be raised to ramp up production.

A year later the company was out of business. Despite the company’s satisfaction with its offerings, not a single customer ever bought one of the company’s workstations. Investors were as unimpressed as the customers. The assets were sold off for two cents on the dollar.

Having met many successful and unsuccessful entrepreneurs, I am constantly reminded that entrepreneurs may have more optimism than good ideas. Most entrepreneurs emphasize one potential customer advantage in their approach. Their approach falters when the company cannot deliver that advantage, customers are unimpressed or a competitor eliminates the entrepreneur’s edge.

Here’s a better approach for the 21st century: Create the right three 2,000 percent solutions and you’ll soon have a business worth over a billion even if you are starting with limited resources.

The three 2,000 percent solutions are:

1. A way to increase the size of the market by 20 times by improving benefits and/or reducing prices;

2. Reduce the company and stakeholder costs to create and use the offering by 95% and invest some of the savings into more benefits not offered by competitors for customers and other stakeholders; and

3. Accelerate recruitment of new customers to 20 times the best rate of any competitors.

On the surface, that sounds like three times the work of creating one 2,000 percent solution. That’s right. But because the benefits multiply against each dimension, the effect is to increase profits by 800,000 percent over a conventional competitor. That’s worth three times the effort.

To make this process easier, I have decided to create The Billionaire Entrepreneurs’ Master Mind beginning in 2006.

Members will develop new business models that combine the three essential 2,000 percent solutions into their business models. In doing this, they will be supported by their fellow entrepreneurs in the Master Mind and by me.

Each member will receive these benefits:

1. Detailed directions, examples and coaching for how to create these three 2,000 percent solutions.

2. Weekly tele-seminars exploring the creation of superior business models built from these three 2,000 percent solutions and how to implement them.

3. Introductions to fellow master mind members with complementary interests and talents to pursue joint ventures and other collaborations.

4. Publicity about their ventures and introductions to investors where those benefits are desired and appropriate.

5. Twice a year evaluations of business models and plans.

6. The option to exclude potential competitors from the master mind while in the group.

The charge for these services will be one annual fee that covers membership for up to 12 months.

All staff services for the master mind will be provided by me. I am co-author of The 2,000 Percent Solution, The 2,000 Percent Solution Workbook, The Irresistible Growth Enterprise, The Ultimate Competitive Advantage and the forthcoming The 2,000 Percent Squared Solution.

Applications for membership are now being accepted. Contact me at ultimatecompetitiveadvantage@yahoo.com for more information. Label your e-mail's subject as I Want to Build a Billion Dollar Business.

Could a billionaire do better? I sincerely doubt it.

When was the last time a billionaire created three 2,000 percent solutions in one business? I cannot remember it has been so long.

************************************

N.B. As you can tell, I'm experimenting with color. Let me know what you like and what I should change about my use of color.

Please let me know what else you would like to learn, and I'll do my best to help in future blog entries.

Thanks so much for your support of this blog. I'm delighted that so many tens of thousands of people have made this blog part of their regular reading habit!

If you like this blog, please let others know who might also enjoy it. E-mailing your favorite post to them is a great idea.

Thank you to my many friends, students, clients and blog readers who are spreading the good word about this blog.

If you are visiting today because someone invited you, I'm delighted to meet you! Let's stay in touch.

Remember to also visit

Live Spiritually Better than a Billionaire at http://livespirituallybetterthanabillionaire.blogspot.com/,

Create Your Own 2,000 Percent Solutions at
http://2000percentsolutions.blogspot.com/,

Enjoy Mansions Better than a Billionaire at http://enjoymansionsbetterthanabillionaire.blogspot.com/,

Enjoy Football Better than a Billionaire at http://enjoyfootballbetterthanabillionaire.blogspot.com/ and

Be a World Hero Better than a Billionaire at http://beaworldherobetterthanabillionaire.blogspot.com/.

I offer individual on-line tutorials and in-person seminars on living better than a billionaire on five dollars extra a day, creating 2,000 percent solutions (20 times the results with the same effort), developing more profitable business models and designing strategies that work regardless of the business environment. For information, contact me at ultimatecompetitiveadvantage@yahoo.com.

I am available to you as a speaker on these subjects. You can find my background at http://livebetterthanabillionaireon5dollars.blogspot.com/2005_08_30_livebetterthanabillionaireon5dollars_archive.html/.

May God bless you. Merry Christmas!

Donald W. Mitchell, Your Dream Concierge

Copyright 2005 Donald W. Mitchell