You're Part of a Movement—Move Faster
Collective Action Means Nothing Without Your Action
I’m not a financial advisor; nothing I write in Superpowers for Good should be considered investment advice. You should seek appropriate counsel before making investment decisions.
You and I are part of a movement to enhance capitalism so that it can address community and global problems rather than exacerbate them. We’ve got to quicken the pace.
Summer weather is a reminder for many of us that what we for decades benignly called global warming is no longer a prediction but a full-blown climate crisis, with severe storms, intolerable heat and wildfires blazing around the world.
Globally, but especially here in the US, a trend toward economic success for an ever-narrowing group of elites, with working people increasingly struggling just to keep up. The correlation between poverty statistics and data about wealth by race is also troubling.
Capitalism has proven to be an unrivaled economic engine. The potential for economic rewards inspires inventors and entrepreneurs to create things that make our lives more comfortable—and often make the world better. Imagine a world without airplanes, cars or air conditioning. Few of us are willing to consider a future where we give up all those things entirely.
With deliberate action, we can steer capitalism. Collectively, we don’t need to be mere observers. Together, we are capitalism. We are the markets. We are the consumers who choose what is produced. We are the investors who back innovators.
Think about that for a moment. If enough of us act within a framework of adjusted capitalism, it will deliver exactly what we want.
Together, we can direct capital markets to support more women and diverse founders, social entrepreneurs and local community builders. Together.
Collective action requires two things: a group of people and an action.
Thousands of people subscribe to this newsletter, and tens of thousands follow our social media accounts. Collectively, we are a tiny part of a large and growing group of people from a wide range of political persuasions who see the potential for markets to solve problems—big and small.
Increasingly, I am focusing my attention on an opportunity for us to take action together by investing together via crowdfunding in more women and diverse founders, social entrepreneurs and local community builders.
Together, a group of us making small investments can make a big difference for entrepreneurs raising capital. One deal at a time, we change the markets. One investment at a time, we change capitalism.
Here’s the thing. To make this work, we don’t just need to take action. You need to take action.
I get that investing is scary. There are 1,000 reasons to think you can wait until you’re richer, older or smarter. You are rich enough. You are old enough. You are smart enough.
On September 20, I’ll lead a SuperCrowdHour webinar where I will explain precisely how you can make money doing this and start with as little as $10. Most of us can afford to invest $10 per month. Virtually everyone can afford to invest $10 per year to start. Some of you can afford to do 100 times that much—or more.
If you can start with $10 and start making a financial return almost immediately, it seems there isn’t much reason to wait. The economic incentive to participate in this solution to some of the world’s big problems pays you back.
There are other ways for you to take action. Perhaps you’re actively investing in these sorts of opportunities already. Kudos and thank you! Wouldn’t you like others to join you? Would it make sense to share this newsletter with your friends on social media? Would it make sense to share it with one person in your inner circle, a spouse, sibling, close friend or colleague, who shares your vision of the future? Share the link via email.
We’ve set up a reward system for those who generate the most paid subscriptions—you get free upgrades to the paid benefits, including free and more deeply discounted SuperCrowd event admissions. Click refer a friend below.
By taking action, you accelerate the movement. You move faster. We move faster together. I can’t do it alone. I’ve never believed I could. I’m convinced we can change the world, but only if we do it together.
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For the September SuperCrowdHour, I’m going to share some of the lessons I’ve learned from making dozens of crowdfunding investments and talking to hundreds of entrepreneurs and investors. You’ll learn not just how to make investments via crowdfunding but how to make money doing it.
Many impact crowdfunding investors focus on impact first. I admire the approach but note that a goal for maximizing impact is best accomplished by making money. It works two ways. A company that goes out of business has no impact after it dies. One that grows profitably can do unlimited amounts of good. Furthermore, if the investment delivers financial results to you, you can reinvest and do more good as an investor!
If you’re focused primarily on making money, you’ll find this session helpful, too. We’ll discuss maximizing financial returns. Don’t miss it!