Thread by @faizansiddiqi

Small business funding + business training on running a micro enterprise for young entrepreneurs esp women needs to be thought through as a tool for empowerment, economic growth and finial inclusion. How so? We need to power other people's ability to fail and make failure safe.

So if you are a no-body with some money in the tank, this is how you help break this circle of life by funding young fe(male) entrepreneurs in this country at a low low entry price sans daddy dollars. The concept is simple, you need to enable others to build either your idea,

a shared idea or their idea, but with the catch that they deploy the MVP or business in under 60 days. It could be as simple as funding some ones inventory or as complex as a Monetization idea for m-commerce.

This concept is called “failure dollars” You need to be able to part with 5k USD for some one else to invest their time to do sclae/pilot a business idea/concept/company/product/tool . The thesis behind this 5k is, you can afford to loose it but what if you both win?

If the idea is successful the person you funded gets to keep 80% of the idea/equity/reward, but if it fails you pick up 100% of the losses. Why would you do this? Because it’s late for you to retire as a federal secretary or be a judge or be (R) person with an alternate career.

Also instead of bit**in and moaning this is a concrete way to steer outcomes for people who otherwise will never have an opportunity to take a bet on them selves because they always need a “job” to run their affairs, create the leverage in some ones life by doing this.

It builds trust. With guys/gals who have ability and the capacity to make time & build but no access to capital. It covers their prototype time and the assurance that the failure funding is yours, makes them work 10x harder. Victory is shared and they own it,

you get a continuous residual piece and if you can scale this model, you become a cottage industry equivalent of an aarti without being predatory. We don’t need VCs and Angels we need folks with dry powder who can fund small experiments at scale and bring others to do the same.

It's more about breaking the cycle by doing something about it. Banks, family's offices, multi nationals, the well heeled any one who gives 2 cents about this country & arguably its young population should focus on failure dollars vs failing the nation by fake CSR n photo opps

The only way out of the mess and nepotism we have created, is to create a few 1000 M$ revenue business that generate value vs extract value. It has to start some where and it can start from you. It’s time the Pakistani people and government realized that

that it’s the country’s ambitious young people who are building the future, not its retirees. We have a morbid obsession in reusing and recasting the old. Looked differently a country that has a youth bulge is being represented in govt & life by ppl who dont share their values.

We continue to not give the youth a chance or train them we continue to hire and re hire known bets. It's time to take new bets. We cant rely on the same people and tactics thst got us where we are. Gotta give a solid chance to the youth. Listen to their ideas work together.

We seem to be caught in export fantasy dreams led by bureaucrats, SAPMs & others who are still trying to figure out two hand typing on their cell phones and use a person to print their emails. We can't fix any thing till we fix our perception of who will get us out of this hole.

Rich men are more harmful than rich food. But then, who cares for the health, be it ours or the nation's. We have to fix this problem and fix the current model of Pakistan Inc. More on that here. blog.chinookstrategy.com/pakistan-inc/

No amount of external funding or grants can or will fix any amount of internal apathy. Be the change you want or be ready to witness change u won't like. @rebootdude @Huk06 @AribaShahid @jehan_ara @afiasalam @Ash_Kalim @babushka99 @fmsheik @raza_matin @ishaheen10 @alinawab