Architect Used His Skills to Design Video Games, World of Mr. Potters Be a George Bailey, Global Impact Crowdlending Portal and Make Money with Impact Crowdfunding
This Innovative Architect Used His Skills to Design Video Games - s11 ep40
AI Episode Summary
1. Richard Buday is the founder and president of Archimage, an architectural firm that has ventured into video gaming.
2. Richard's firm was an early adopter of computers in architecture, which caught the attention of companies like Autodesk. This led to their involvement in animation software and, subsequently, video gaming.
3. Archimage developed "serious video games" with Baylor College of Medicine to promote healthy behaviors, including a game designed to assist single-parent moms with children's eating and exercise habits.
4. Richard reflects on architecture's role in society and advocates for incorporating narrative transportation theory into building design, making architecture more meaningful and communicative.
5. Discussing the dangers of aging condo buildings, specifically high-rises, Richard points to the collapse of a tower in Florida as a symptom of homeowner association boards failing to address necessary repairs and maintenance due to psychological and social dynamics.
6. Richard writes about various topics, including the challenges of maintaining aging condominiums and their reliance on homeowner boards for critical decision-making and funding.
7. He sees his superpower as the ability to apply inductive reasoning: taking a solution and finding problems it can solve. This has allowed him to explore new directions in technology and architecture.
8. Richard advises others to learn inductive reasoning skills and understand narrative transportation theory, which can powerfully influence behaviors for good or ill.
9. To read Richard's writings on architecture and his views on persuasive design, he directs readers to Common Edge.org, where most of his articles are published.
10. Richard Buday can be reached for further discussion and inquiries about his work through his email at rbuday@archimage.com and his website archimage.com. He is open to engaging with interested individuals on relevant topics.
In a World of Mr. Potters Be a George Bailey
It’s been a few years since I watched It’s a Wonderful Life with Jimmy Stewart. The classic holiday movie played so often on television when I was growing up that I came to feel I had the script memorized. I didn’t.
This year, a kind bit of cajoling from Gail got me to watch it again with her. I saw the bank run scene in the YouTube video above through a new lens. As an avid crowdfunding investor, I recognized what George Bailey was doing. It’s what I’m doing. It’s what all community and impact-focused crowdfunding investors are doing.
Australians Build Global Impact Crowdlending Portal - s11 ep41
AI Episode Summary
1. Cameron Neil is the CEO and founder of LendForGood, an Australian crowdfunding portal that specializes in debt deals for mission-driven companies.
2. LendForGood is designed to democratize impact investment, making it accessible to ordinary people, not just high-net-worth individuals or sophisticated investors.
3. The platform provides a way for individuals and organizations to collaborate and support impact enterprise founders who are creating positive change in their communities but struggle to access capital from mainstream markets.
4. LendForGood utilizes debt as a simple and flexible financial tool, providing a more inclusive option for funding impact businesses, including those that may not be structured to offer equity.
5. Debt deals offer clarity and certainty with defined repayment terms, appealing to both borrowers and lenders and providing an alternative to equity investment.
6. Cameron highlights the importance of community involvement in crowdfunding and the potential to build local community wealth by allowing individuals to invest in local initiatives they care about.
7. Crowdfunding platforms like LendForGood enable people to make investment decisions based on personal values and connection to causes, considering the emotional and impact-oriented aspects of investing.
8. Cameron identifies his superpower as being a builder and creator, having a track record of constructing intangible organizations and systems that mobilize people toward social change.
9. He recounts his work in building the Fair Trade movement in Australia and New Zealand and how it shifted mindsets about what business can achieve, influencing consumer expectations, business practices, and even legislation.
10. To those looking to initiate change or build something new, Cameron advises building a support network of individuals with diverse skill sets and adopting a lean startup methodology—starting small, learning quickly, and gaining momentum.
To learn more about LendForGood or connect with Cameron, individuals can visit LendForGood.com, which accepts global participants or connect with Cameron on LinkedIn.
How to Make Money with Impact Crowdfunding
AI Summary
1. The host, Devin Thorpe, introduces his show "Superpowers for Good," where he provides education on making money with impact crowdfunding, investing for positive change, and matching market returns.
2. Devin emphasizes the importance of making money while having an impact, explaining that financial returns allow for continued investment and greater impact over time.
3. He provides an overview of the stock and bond markets, mentioning the average returns (10% for stocks and 6% for bonds) and the risks involved, including significant losses during downturns.
4. Devin delves into the concept of impact investing and how it can address issues such as climate change, global health, and poverty through investments in companies working in those areas.
5. The episode covers the regulated nature of impact crowdfunding, which is overseen by the Securities and Exchange Commission (SEC) and the Financial Industry Regulatory Authority (FINRA), and the growth of this form of investing.
6. Thorpe mentions the Impact Cherub Club, a group he is involved with that focuses on investment crowdfunding for social good, encouraging listeners to join and invest collaboratively.
7. Six common investment types in impact crowdfunding are discussed: term loans, revenue-based financing, convertible notes, simple agreements for future equity (SAFEs), preferred stock, and common stock.
8. Three specific investment strategies are outlined: yield (focusing on interest and dividends), venture capital (seeking appreciation of investment), and hybrid (a mix of yield and venture capital approaches).
9. The importance of due diligence is highlighted as the critical difference maker in investment outcomes, with Devin providing five keys: understanding risks, assessing impact, evaluating the management team, considering deal terms, and looking at business prospects.
10. Finally, Devin explains how individuals can start small by investing as little as $10 in impact crowdfunding deals, specifically mentioning the platform "SMBX" as a place where small initial investments are possible.