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The Key To
Sustainable Colorado
Communities
Local Investing
11/4/2013 2
Three Rules for Local Prosperity
(1) Maximize local ownership of business.
(2) Maximize local self-reliance.
(3) Spread models of triple-bottom line success.
Rule #1: Maximize Local Ownership
0%
10%
20%
30%
40%
50%
60%
70%
80%
90%
100%
Independents Chains
Nonlocal Spending
Local Spending
2.6 Times Greater
Breakdown of Retail & Restaurant Spending
In British Columbia (2013)
The Jobs Verdict
Study $ Circulated Locally:
Local vs. Nonlocal Ownership
Austin (2002) 3.5
Maine (2003) 5.0
Chicago (2004) 1.6
Toledo (2004) 4.0
Iowa (2006) 1.6 (Jobs)
San Francisco (2007) 1.4-1.7
Phoenix (2007) 2.9
Grand Rapids (2008) 1.6
New Orleans (2009) 2.0
AVERAGE 2.6
Harvard Business Review July-August 2010
Federal Reserve of Atlanta August 2013
“My results…provide evidence that local entrepreneurship matters for
local economic performance… I find that the percent of employment
provided by resident, or locally-owned, business establishments has a
significant positive effect on county income and employment growth and
a significant and negative effect on poverty in the all counties and non-
metro counties sampled.”
Other Reasons
Ownership Matters • Smart Growth
• Tourism
• Entrepreneurship
• Public Health
• Political Participation
Rule #2: Maximize Local Self-Reliance
The Zingerman’s Story
Rule #3: Spread Triple-Bottom-Line Business
11/4/2013 19
Why Sustainability Requires
Local
• Accountability
• Political Power
• Lower Carbon
Footprint
• Global Models
11/4/2013 20
Why Sustainability Requires
Local
• Accountability
• Political Power
• Lower Carbon
Footprint
• Global Models
11/4/2013 21
Why Sustainability Requires
Local
• Accountability
• Political Power
• Lower Carbon
Footprint
• Global Models
11/4/2013 22
Why Sustainability Requires
Local
• Accountability
• Political Power
• Lower Carbon
Footprint
• Global Models
11/4/2013 23
A New Definition of
Sustainability
The ability of a community to provide for its own needs,
present and future, without compromising the ability of
other communities to provide for their needs, present and
future.
The Competitiveness of Small
0%
10%
20%
30%
40%
50%
60%
70%
80%
90%
100%
Self-Employees
<100 Employees
100-499 Employees
500+ Employees
U.S. Profitability Rates in 2006 (Net Income/Net Revenue)
Why Global Is Becoming Less
Competitive
How To Nurture Local Business?
Planning Plug the leaks.
People Support entrepreneurs.
Partners Compete through collaboration.
Purse Harness pensions locally.
Purchasing Spearhead “Local First” campaigns.
Policymaking Remove anti-local biases.
How To Nurture Local Business?
Planning Plug the leaks.
People Support entrepreneurs.
Partners Compete through collaboration.
Purse Harness pensions locally.
Purchasing Spearhead “Local First” campaigns.
Policymaking Remove anti-local biases.
Our Current Investment Strategy
Investor Apartheid
The Impact of $15 Trillion Shift
Cutting-Edge Capital Tools
(1) Specialty CD’s:
(2) Coop Investment
(3) LION’izing
(4) Sponsorships
Some Local Sites
(5) Internet Lending
(6) Slow Munis
(7) Pre-Selling
(8) Local Stock
Contradictions in Risk Policy
The $100 Exemption
The JOBS Act
(9) Community Portals
(10) Grassroots Loan Funds
(11) Investment Clubs
(12) Self-Directed IRAs
Where Colorado Springs
Can Begin
• Bank Local
• Web Listing
• SD-IRA Deals
• Community Portal
• More Reform
The Treasure in Our Backyards
The Treasure in Our Backyards
The Treasure in Our Backyards
The Treasure in Our Backyards
The Treasure in Our Backyards
The Treasure in Our Backyards
The Treasure in Our Backyards
The Treasure in Our Backyards
For More Information:
Michael Shuman
202-669-1220
www.locatopia.net (soon!)
