INTERGENERATIONAL PARTNERSHIPS: THE BUSINESS MODEL
FAQ'S
FAQ'S
What's the business model for Encore Partnerships: FAQ's
NOTE THAT THIS PAGE IS UNDER CONSTRUCTION.
What are we selling? Our volunteer time, our career expertise combined with our training as changemakers and our ability to work as a team/
What's the product? On one level, problem solving. sense of community, on another level. Consultancy model combined with a delivery model... . It is our "minimum viable product."
Who is the customer? Under resourced city, state, county and local governments, public schools and nonprofits.
How is the product delivered? -- It is our "minimum viable product."
Are there any examples yet of interdisciplinary and intergenerations teams working with an organization to solve a problem?
Yes. Go to The Virtual Group Mentoring Project in the Project Incubator section of this website and take a deeper dive if you're so inclined. This project founded by Clint Wilkins, an Encore Fellow in the Mayor's Office in San Jose.
Are there any other examples?
Yes. Go to The Adverse Childhood Experiences Project, but it is still only an idea in the form of a prospectus. It needs a team to start it up, just as Clint Wilkins did with the Virtual Group Mentoring Project.
What's the cost? $25,000 per year, in the form of an Encore Fellow's stipend.
What might some other examples be?
What are the differentiators?
How are teams formed? In a variety of ways. Teams can be formed through college, university and corporate alumni associations, civic organizations such as Rotary International, faith based organizations, etc. Team members might know one another and might come together as strangers.
How are team members trained? All team members participate in our Introductory Workshop (five one-hour sessions) where they:
What's the scope? Team members can come together with their own neighbors and/or from all over the world. We can think and act both locally and globally.
What's the product/market fit? The product (problem solving in the form of intergenerational and interdisciplinary teams) fits extraordinarily well with such "market failures" as a lack of counselors in high school or insufficient social and emotional and physical support for children and youth in poverty. Another way of saying this is a powerful minimum viable product.
What drives our financial engine?
What's our initial focus (2021)?
What are the next steps? Depends on how the first partnerships work out.
What's the eventual build-out/vision? This needs fleshing out.
Some examples
Tailor-made for ... . .
cost to acquire customer over lifetime value CAC/LTV
NOTE THAT THIS PAGE IS UNDER CONSTRUCTION.
What are we selling? Our volunteer time, our career expertise combined with our training as changemakers and our ability to work as a team/
What's the product? On one level, problem solving. sense of community, on another level. Consultancy model combined with a delivery model... . It is our "minimum viable product."
Who is the customer? Under resourced city, state, county and local governments, public schools and nonprofits.
How is the product delivered? -- It is our "minimum viable product."
- Virtually/on-line
- By interdisciplinary advisory teams of older volunteers
- Virtual advisory teams
- Convening expertise and experts
Are there any examples yet of interdisciplinary and intergenerations teams working with an organization to solve a problem?
Yes. Go to The Virtual Group Mentoring Project in the Project Incubator section of this website and take a deeper dive if you're so inclined. This project founded by Clint Wilkins, an Encore Fellow in the Mayor's Office in San Jose.
Are there any other examples?
Yes. Go to The Adverse Childhood Experiences Project, but it is still only an idea in the form of a prospectus. It needs a team to start it up, just as Clint Wilkins did with the Virtual Group Mentoring Project.
What's the cost? $25,000 per year, in the form of an Encore Fellow's stipend.
What might some other examples be?
What are the differentiators?
- retired professionals and community elders bring their various life experiences, skill sets and professional expertise
- these elders work effectively with younger generations (i.e., the "intergenerational approach")
- these elders work together and with younger generations in teams (i.e., "interdisciplinary approach")
How are teams formed? In a variety of ways. Teams can be formed through college, university and corporate alumni associations, civic organizations such as Rotary International, faith based organizations, etc. Team members might know one another and might come together as strangers.
How are team members trained? All team members participate in our Introductory Workshop (five one-hour sessions) where they:
- familiarize themselves with the method (map making, gap minding and app building) and Human Centered Design (inspiration, ideation, implementation)
- steep themselves in the stories and analytics of changemakers
- build and present their own platform, which is critiqued by their others
What's the scope? Team members can come together with their own neighbors and/or from all over the world. We can think and act both locally and globally.
What's the product/market fit? The product (problem solving in the form of intergenerational and interdisciplinary teams) fits extraordinarily well with such "market failures" as a lack of counselors in high school or insufficient social and emotional and physical support for children and youth in poverty. Another way of saying this is a powerful minimum viable product.
What drives our financial engine?
- subscription based? -- That is, volunteers pay an annual fee of $180 per year or $15 per month
- Workshop fees -- $250 per five sessions.
- There will be a financial team that raises funds ($5-10k) to support the operational teams.
- We will consider evolving into a 501-c-3 nonprofit organization over time
What's our initial focus (2021)?
- Assist organizations that support programs devoted to children and youth services
- Incubating such mentoring innovations as virtual group mentoring and Adverse Childhood Experiences teams
What are the next steps? Depends on how the first partnerships work out.
What's the eventual build-out/vision? This needs fleshing out.
Some examples
Tailor-made for ... . .
cost to acquire customer over lifetime value CAC/LTV