Imperative 11 : Joint 1st and 3rd World mass action will speed up mega co-op corporate group formation!
Fast-track climate change action thru mega co-ops is possible only if 1st and 3rd World employee masses exchange ideas thru blogs and websites about principles and action items presented in this blog as well as improvements and expansions on said issues. When 1st World business experts get involved in planning clean and green joint venture projects, normally timid 3rd World masses will develop the business confidence to set up mega co-ops. This is absolutely critical, for history has shown that poor masses lack the business confidence to engage in large-scale entrepreneurship thru pooling of small sums. In the Philippines, low employee salaries will require 1,000+ employees and small investors to organize one mega co-op that targets a P100 million ($2 million) 'mother co-op' that will partner with 20 or so foreign joint venture companies. Investments by scores of local and foreign corporations and State agencies with CSR programs thereby becomes critical. Such entities already possess positive reputations that will inspire confidence among foreign joint venture companies, More confidence should be built up if local corporate management-level retiree 'names' are persuaded to form organizational, feasibility study and operational management teams for the mother co-op.
To address the grave Philippine capital lack, Filipino and 1st World employee masses should invite the companies they work for, plus local public and private CSR companies, international funds, NGOs and State agencies to invest at million-peso levels each to raise capital at P100 million ($2 million) and up. Foreign employees may invest in the mega co-op as well as in the joint ventures their companies will set up in the Philippines. Total foreign investments should be at maximum 40% of total capital to comply with Philippine law. The voted-upon Board of Directors should have mere ministerial powers to ensure no repeats of past Philippine co-op scandals whereby Boards enriched themselves at the expense of the mass of investors.
As described in this work, the co-op's proponents (retired manager teams) should perform pre-marketing of joint venture and production contracts with 20 or so foreign companies during the feasibility study stage (after registration and initial capital funding). The feasibility studies should be financed by a grant from the local city government's Municipal Development Fund program financed by the World Bank. Thus, within just a year or two, the co-op should be operating a corporate group of 10+ joint ventures with foreign companies. Initial capital for joint ventures may be just P10 million or so for the co-op, with equipment loans provided by the foreign partner's bank and/or climate change/Aid Fund at 3-4 times capital. The scheme enables the co-op to build a corporate group worth over a billion pesos within two years. Expansions to form 30-50 joint ventures within the next decade should further raise the co-op's above-market dividend rewards each quarter. Billion-dollar business thru world markets should be every mega co-op's target due to its large number of investors all expecting above-average dividends. A million or so Philippine mega co-ops operating worldwide should be targeted as well in order to create jobs for the country's 60+ million bottom poor while raising Philippine middle class incomes from current $200-$400 equivalent monthly towards 1st World rates at $4,000 or so per month. 1st World income rates are possible if every Filipino employee enjoys triple current salary rate plus generous mega co-op dividends, plus profits from said employee's small group businesses, plus rises in value of his mega co-op shares incident to repayment of said mega co-op group's billion-peso debts.
To further expand mega co-op assets, ten or so mega co-ops may form a consortium that will engage in build-operate-transfer contracts with foreign companies to build infrastructures and industrial plants. BOT contracts require the foreign company to finance the entire project and operate the business until investments and loans are recovered and international rate profits have been earned. Thereafter, ownership is transferred to the co-ops thru creation of capital shares. The scheme enables co-ops to obtain shares in such high profit enterprises as mini dam hydropower chains, geothermal plants, upland toll roads and cable transports, ethanol distilleries, palm oil mills, ethanol-fueled (E85) vehicles manufacturing plants, and other giant projects which facilitate agro-forestry and rural factory operations.
Who should initially sell the clean and green joint venture schemes to 1st World corporations? You and your friendship nets should do it to earn good income while 'fixing the world'. Each friendship net has to persuade contact companies to engage in green corporate 'intrapreneurship' in the 3rd World, initially in the Philippines. Every recruited company must pay a commission at 5% of capital invested as reward for the recruiters' efforts.
During discussions, your friendship nets should discover 'sideline' business opportunities such as supply of materials, equipment, technologies or machinery, as well as new products and processes related to the future joint ventures. Climate change action should be compensated to the maximum to ensure the perpetuity of its effects.
To address the grave Philippine capital lack, Filipino and 1st World employee masses should invite the companies they work for, plus local public and private CSR companies, international funds, NGOs and State agencies to invest at million-peso levels each to raise capital at P100 million ($2 million) and up. Foreign employees may invest in the mega co-op as well as in the joint ventures their companies will set up in the Philippines. Total foreign investments should be at maximum 40% of total capital to comply with Philippine law. The voted-upon Board of Directors should have mere ministerial powers to ensure no repeats of past Philippine co-op scandals whereby Boards enriched themselves at the expense of the mass of investors.
As described in this work, the co-op's proponents (retired manager teams) should perform pre-marketing of joint venture and production contracts with 20 or so foreign companies during the feasibility study stage (after registration and initial capital funding). The feasibility studies should be financed by a grant from the local city government's Municipal Development Fund program financed by the World Bank. Thus, within just a year or two, the co-op should be operating a corporate group of 10+ joint ventures with foreign companies. Initial capital for joint ventures may be just P10 million or so for the co-op, with equipment loans provided by the foreign partner's bank and/or climate change/Aid Fund at 3-4 times capital. The scheme enables the co-op to build a corporate group worth over a billion pesos within two years. Expansions to form 30-50 joint ventures within the next decade should further raise the co-op's above-market dividend rewards each quarter. Billion-dollar business thru world markets should be every mega co-op's target due to its large number of investors all expecting above-average dividends. A million or so Philippine mega co-ops operating worldwide should be targeted as well in order to create jobs for the country's 60+ million bottom poor while raising Philippine middle class incomes from current $200-$400 equivalent monthly towards 1st World rates at $4,000 or so per month. 1st World income rates are possible if every Filipino employee enjoys triple current salary rate plus generous mega co-op dividends, plus profits from said employee's small group businesses, plus rises in value of his mega co-op shares incident to repayment of said mega co-op group's billion-peso debts.
To further expand mega co-op assets, ten or so mega co-ops may form a consortium that will engage in build-operate-transfer contracts with foreign companies to build infrastructures and industrial plants. BOT contracts require the foreign company to finance the entire project and operate the business until investments and loans are recovered and international rate profits have been earned. Thereafter, ownership is transferred to the co-ops thru creation of capital shares. The scheme enables co-ops to obtain shares in such high profit enterprises as mini dam hydropower chains, geothermal plants, upland toll roads and cable transports, ethanol distilleries, palm oil mills, ethanol-fueled (E85) vehicles manufacturing plants, and other giant projects which facilitate agro-forestry and rural factory operations.
Who should initially sell the clean and green joint venture schemes to 1st World corporations? You and your friendship nets should do it to earn good income while 'fixing the world'. Each friendship net has to persuade contact companies to engage in green corporate 'intrapreneurship' in the 3rd World, initially in the Philippines. Every recruited company must pay a commission at 5% of capital invested as reward for the recruiters' efforts.
During discussions, your friendship nets should discover 'sideline' business opportunities such as supply of materials, equipment, technologies or machinery, as well as new products and processes related to the future joint ventures. Climate change action should be compensated to the maximum to ensure the perpetuity of its effects.
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