7AM Explained Black Group Economic Wealth = Power But Intergration = African Americans Destruction
We are exceptional people so why do we allow others to use us to push their agenda? Dr. Claude Anderson reminds us how exceptional we are.
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A group of individuals that fill the role of an informal financial institution through repeated contributions and withdrawals to and from a common fund. Rotating Credit and Savings Associations are most common in developing economies or among immigrant groups in the developed world. This is because accessing formal institutions is difficult due to their unavailability or because these institutions are unable to provide the appropriate service.
The name derives itself from the types of transactions that occur in these associations; members pool their money into a common fund, generally structured around monthly contributions, and money is withdrawn from it as a lump sum by a single member at the beginning of each cycle. This occurs for as long as the group exists.
BREAKING DOWN ‘Rotating Credit And Savings Association (ROSCA)’
Memberships are generally based on ethnic or geographical lines, and the structure of payments and withdrawals vary from group to group. Both transactions can vary in occurrences as often as daily to every six months, and recipients of funds are commonly chosen based on financial need or lottery.
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Making smarter investing decisions starts with staying informed about the latest market movements. These savings clubs are mainly used in other countries as an alternative means of accessing capital when traditional lending is not readily available. As cultures migrated to the United States they brought this savings tradition with them. Not surprisingly, the “underbanked” in the United States will turn to this model when facing the same lack of access to capital.
The younger generations have now created companies that modernized susus with an online platform, such as Pay Me Forward in the United States
Here is a 21st Century ROSCA that we all need to be involved in because it Peer to Peer, People to People helping each other without the middleman
The truth about our money and how the government has been taken over buy international bankers. The real reason why black people will not be allowed to advance, the truth about Dr kings death and the death of Malcolm x. The Problem with the black community.
Philanthropy means voluntary action for the common good. Fund development is the essential partner of philanthropy. Fund development makes philanthropy possible by bringing together a particular cause and the prospects and donors who are willing to invest in the cause. The goal is to acquire donors of time and money who stay with the charity. This is done through the process of relationship building. With the donor at the center, fund development nurtures loyalty and lifetime value, thus facilitating philanthropy. You know if your relationship building works because your retention rates rise and the lifetime value of your donors and volunteers increases
The Guide to Better Communications and Stronger Relationships.
So what does this mean in practical terms? Here are some basics:
1. First understand some basic distinctions:
An individual, business, or some other entity whose interests and actions suggest a possible inclination or susceptibility towards your organization’s cause / mission. (“Suspect” is more common terminology. But who wants to hear anyone referred to in such a pejorative manner?)
An individual, businesses, or some other entity that has demonstrated an interest in your cause /organization. The individual has raised his / her hand by buying your services or asking to join the mailing list or… In some manner, in some way, the individual, business or entity has raised its hand signaling interest in your cause and your organization.
An individual, business, or some other entity that has given a gift of time or money or service to your organization
2. Nurture a culture of philanthropy in your organization. It’s the right attitude that matters as much as anything. Culture refers to the personality / attitude of your organization. A culture of philanthropy means that everyone accepts and celebrates the beauty of philanthropy and donors, no matter the type or size of gift.
3. Build a donor-centered organization. Focus on the donor or prospective donor. “It’s not what your organization is selling, it’s what I’m buying that counts. I’m interested in my interests, my motivations and my aspirations.
Match those and then I’ll give to you. Otherwise, leave me alone!”
Don’t universalize your own passion. Not everyone is interested in your cause, no matter how convincing you are. Do not try to convince them! That’s offensive. Instead, find those who share your passion.
4. Giving is an emotional act, not a financial transaction. Your organization is the means by which donors live out their own interests and aspirations.
a. Neuroscience and psychological research document that all human decisions are triggered emotions
Then rationale steps in. “Emotion is multi-dimensional: it focuses on a person’s core goals, directs attention and interest, arouses the body for action, and integrates social group and cultural factors. It is thus a central component of meaning making.”
b. Research from the direct mail industry says that people give in response to one or more of 7 emotions: greed, guilt, anger, fear, flattery, exclusivity, and salvation.
People move from one emotion –e.g., anger – to hope, by using your agency as the means to make change. Refers to this partnering of emotions as “twin sets”
The terms fundraising and fund development are bantered about almost interchangeably. But there is a difference, and if you’re interested in the nonprofit field, it’s a good thing to know.
But, there is a difference.
Fundraising is probably the easiest of the two terms to define. It is activity that is conducted with the intention of raising money for a nonprofit organization or charity. It usually involves asking people for donations, using a variety of communication methods, asking people to purchase a product or service that supports the charity, or having people participate in an event of some sort. Some extend the definition of fundraising to include activities like sponsorship sales, which is essentially a form of advertising, gaming and gambling activities that benefit charity, and application for funds from government programs.
Fund development is a bit less straight-forward and a bit more of an abstract concept. The way I think of fund development is the process by which organizations use fundraising to build capacity and sustainability. Fund development is a part of the strategic marketing of a nonprofit organization. It is the concerned not only with raising money, but doing so in a way that develops reliable sources of income that will sustain the organization through the realization of its long term mission and vision. Fund development usually involves building relationships with people and other organizations that will support the charity. It requires a strategic plan that relates funding to the purpose and programs of the organization. A part of the strategic plan will be a fund development plan that coordinates various forms of fundraising, marketing, communications, and volunteer management.
There are various ways of categorizing nonprofit organizations and charities. When it comes to determining which require fund development strategies, as opposed to fundraising, I tend to think in terms of three categories. There are organizations that do not concern themselves with development because the membership keeps changing, the goal for fundraising is almost always to meet the immediate needs of the members, and the infrastructure costs are supplied by a larger, affiliated organization. Church youth groups, bands, cheer leading squads, and sports teams, and so on, fit into this category. Participants in these groups are usually involved for a few years, so typically no long term relationships with people outside the group are established, their is no incentive for members to fundraise beyond their immediate needs and they are usually affiliated with larger groups, like schools or churches, which supply needs like meeting space and leadership. These types of groups typically engage in fundraising activities that require minimal organization, leverage volunteer participation and require simple communication strategies.
A second type of organization is primarily member based. Funds are raised from among the members themselves for the purpose of sustaining the organization’s needs, which are usually a building or meeting space of some sort and staff. The money required may be in the form of fees paid to belong to the organization, as in the case of a professional association, or in the form of donations, as in the case of a church. These organizations have a built-in fund development strategy. The supporters of the organization are the recipients of the organization’s programs and services. So the strategy for sustaining the organization and building its capacity usually revolves around the members themselves organizing in a way that provides trust of the leadership to spend funds wisely, communication about how funds are being used, involvement of the membership in budgeting and other decision making processes, and a strategy to build and rejuvenate the membership.
The third type of organization potentially describes the rest of the nonprofit and charitable world. This is the organization that serves the entire community or society in some way. It has a long term vision and strategic plan and requires funding to maintain its service to the community year after year. Sometimes organizations like this have a base of government support, but often must raise funds from a variety of sources to maintain their budgets. This type of organization must have a fund development strategy in place to ensure its long term viability and build its capacity over time. The methods of fundraising it uses may be similar to the other organizations described above, the difference being that underlying its choice of fundraising methods will be the desire to build sustainable relationships with all funding sources.
A key decision an organization must make is what type of fundraising or fund development strategy it should use based on the type of organization it is and if it has long-term needs. Many organizations start with meeting their needs through short-term fundraising strategies and at some point must make the transition to fund development strategies. Otherwise, they will flounder, moving from one fundraiser to another without developing sustainable relationships.
C = Colaboration
O = Of
M = Members
M = Money
U = Uniting
N = Neighbors (Family, Friends, Associates)
I = Investing
T = Together
Y = Yield
Yield is ROI return on Investment. Learn more how to connect here
This is what needs to be done to your Group! First you have to establish a group economic system which is a vertically integrated system where the members of your group support one another for sustainability. A system that is equal and fair for everyone. This new economic system will be the “Group Integration System” using modern technology. Integration is the act of combining or adding parts to make a unified whole. Most people’s problem is the lack of cash flow. We don’t have enough money flowing through are hands to live an abundant life that God promised us. We have 0ver 1.1 Trillion dollars in consumer buying power but only the (BBC) Barbershops, Beauty shops and Churches are getting any of that money and they are all disconnected so that money they collect has no power and leverage to grow.
Everybody says that we need more jobs and work. Our education system has failed us. The BBC is where we get most of our education today. You have to educate yourself by reading and researching what you were taught and see if it’s true. In school they only teach you enough to go out and get a job working for some else. They don’t teach you how money will work for you…..that’s something you have to learn on your own. Studies have shown that 2 out of 3 people are financially illiterate. I know you have heard these phrases in the bible to “be fruitful and multiply”, “Giving and Receiving”, “Sowing and Reaping”, and “Seed Time and Harvest”. Well here is a “Peer to Peer” Direct Funding System to accomplish that.
Let’s build an Alternative Economic System based on the Multiplication of Five
I have a PHD like most folks and that is a public high school diploma. I find that most people with a PHD are also a MIA. They are missing in action because they lack the Motivation to seek the Information to tie their Association with people together. Dr. Claud Anderson is an authority on community economic development and he says that our money is suppose to touch 8-12 other black hands before it leaves our community.
In order to do this we have to create more businesses. First let’s get an understanding by definition what a job and work is: A Job is the work that a person does regularly in order to earn money : a duty, task, or function that someone or something has : something that requires very great effort Work is a job or activity that you do regularly especially in order to earn Money : the place where you do your job (You can make money wherever you’re at doesn’t have to be in a particular place) Do you have a Smartphone? They call it a Smartphone because it is a lot smarter than you. The Smartphone is your work and job that you never knew you had. Your Smartphone will follow instructions if you tell it what to do. It will make money for you if you tell it what to do.
THE SMARTPHONE IS THE” NEW BLACK WALL ST” without all the brick and mortar. Now, let us show you how to hook it up to go to work for you. The registration fee is a one-time out of pocket $35 and you must refer two others who wants $35 and turn it into $12,750 a day, a week or a month residual income just by recycling money between members.
Bring two and teach your two how to how to do the same). That’s how our leverage and duplication system works.
For your $35 you’re going to receive an International website that you can use that is free to you with no hosting fees. The back office is a leveraging and duplication system that will keep track of the money you’ll be receiving from others. Our “New Black Wall St” is a international group of like minded people, businesses, organizations, and churches; Working together using the secrets that banks don’t want you to know…which is “How to create income for ourselves, using leverage and duplication”, along with Modern technology and the Smartphone. Your Smartphone contacts are your network which can determine your Net worth. We show you how to connect your network. Our Smartphone is money in our hand that needs to be connected. Just like each of us pays a Smartphone carrier each month and none of that money comes back to us. Our Leveraging and Duplication system will pay each of us just like we pay the Smartphone companies.
Being connected our Smartphone can becomes our office in the palm of our hands with no selling of anything to create income DAILY. You’re going to need a PayPal account and an E-Wallet which is free because that is where all your money is going to go into your own account This is the EASIEST program and system that you will ever encounter on the Internet today that will do exactly just that for YOU! The BEST part is, ITS SO INCREDIBLY EASY to do! Let us show you how to move money starting today Are You Ready?
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