Friday 29 December 2023

Community Group Monetisation - Jack’s Curated Business Idea

 Community Group Monetisation

-

 Jack’s Curated Business Idea 

-

Jack Lookman 










Community Group Monetisation 


Jack’s Curated Business Ideas 


.

















jacksempowerment.com.   jaaloopuzzles.com    jaaloo.com







Preamble


When you get an inspirational idea

While asleep

While in the bathroom

While praying

While commuting

While at meetings

While reading

While watching television

While browsing the internet

Or at any other point.


Do you let it slip away?

Do you capture it?

Do you leverage it?

To benefit you or humanity?

Or will the wind blow it away

Benefitting neither you or me.


Is this Food For Thought?







CONTENT


Community Group Monetisation

A. ACKNOWLEDGEMENT

B. DEDICATION

Preamble

CONTENT

1. Introduction

2. What’s The Business Idea?

3. What are Community groups?

4. What are the Benefits of Community Groups?

5. What Opportunities Are Presented By This Idea?

6. How Do Community Groups Function?

7. What’s the Value Proposition and Monetisation Plan?

8. How could the Community group benefit?

9. Could Digitalization be Leveraged?

10. What Value Could Be Added?

11. Will it be costly or affordable?

12. Case studies

Case Study 1

Case Study 2

13. Is there a Business Case for your Value Proposition?

14. What’s the Potential Return on Investment?

15. How will it Benefit Community groups?

16. What are the Possible Threats?

17. Some Suggestions of Digital Courses

18. Will the product Include Signposting?

19. Is This Idea New?

20. Will members and officials pay for these courses?

21. What’s special about the idea?

22. How will the product/s be marketed?

The most cost effective way is by leveraging different digital platforms;

23. What gadgets are required, to access the content?

24. What’s the value chain?

25. How will the Business model work?

26. Conclusion

27. Did you get value?

28. About Jack Lookman

29. OTHER PUBLICATIONS BY Jack Lookman Limited - amazon.co.uk

30. Ebooks on selar.co

31. FOR MORE RESOURCES FROM JACK LOOKMAN LIMITED, USE THE LINKS BELOW









Jack’s Curated Business Idea








Hello! This is Olayinka Carew aka Jack Lookman. Welcome to more content on our series Jack’s Curated Business Ideas.  

The theme for today, is tagged ‘Community Group Monetisation.’ 


1. Introduction


I’m a member of different Community groups.  I’ve also held positions of responsibility therein.  I’m sharing my thoughts from a point of experience as well as from a point of retrospection. Since I cannot buy back time, I could possibly make a difference for the future. May be this content could stir some minds to take action and benefit therefrom. 

You could find much more content on our different platforms. 

Our websites are:

You could also find us on different Social media platforms. Search for Jack Lookman on: 


- selar

  • Facebook

- Youtube

- LinkedIn 

- Amazon.co.uk

- Etc

You could also do a search for Jack Lookman on the internet. 

We also do Collaborations, Affiliate Marketing, as well as Mentoring. 

Please contact us at jacklookman@yahoo.co.uk


Now, let’s dive into the topic. 

Please endeavor to take notes as we journey through this presentation. In addition to your learning, your thoughts and creativity could be stimulated; be sure to capture and develop them. 


jacksempowerment.com     jaaloo.com    jaaloopuzzles.com 

2. What’s The Business Idea?


It’s about adding value to Community groups in cost effective ways, by leveraging the internet and technology. 


3. What are Community groups?


For the purpose of this content, let’s assume groups comprise of:

  • People of common geographical heritage
  • Professional groups
  • Religious groups
  • Academic groups
  • Alumni associations
  • Family unions
  • Associations
  • Etc


  • They could be formal or informal Community groups.

jacksempowerment.com     jaaloo.com     jaaloopuzzles.com 

4. What are the Benefits of Community Groups?


Community groups offer a lot of value; 

  • they provide networking opportunities. 
  • They provide opportunities for camaraderie. 
  • Members could act as support cushions for each other. 
  • Members could leverage individual and collective strengths. 
  • There could be interchange of value, individually and collectively. 
  • There could be information updates on topics of interest. 
  • Community groups could also promote opportunities for socializing


5. What Opportunities Are Presented By This Idea?


  • There are opportunities for adding value to officials and members of Community groups. 
  • Great value could be added to the Community group 
  • There’s opportunity for relevant training. 
  • There are opportunities to share useful skills and experience. 
  • There’s opportunity to monetize
  • There’s opportunity to add immense value. 
    • This could be done in a cost effective way. 
    • The added value could benefit officials, members and community. 
    • Even society at large could benefit
    • And of course, the entrepreneur at the centre of the added value, could benefit financially. 

jacksempowerment.com    jaaloo.com    jaaloopuzzles.com 

6. How Do Community Groups Function?


  • They rely a lot on volunteers. 
  • They collect subscriptions.
  • They carry out activities. 
  • They also collect donations. 
  • They do fundraising as necessary. 


In my experience, 

  • there’s little or no formal training for the volunteers. 
  • Accounts are made and submitted periodically.  
  • In some cases, there’s not much accountability or transparency. 
  • Some report to regulatory authorities


7. What’s the Value Proposition and Monetisation Plan?


  • You could provide relevant digital solutions to the Community group. 
  • These will be training materials. 
  • It will help officials excel in their roles. 
  • It will add value to officials, members and community group. 
  • The content shall be relevant. 
  • The content to help members in their working lives. 
  • The content shall be concise and in little understandable chunks, 
  • It could be in language or languages of choice. 
  • The content could be cross-sold. 
  • In order to make it affordable, it could be licensed for monthly or periodic payments. 
  • The entrepreneur gets his money digitally. 
  • The content could be used over and again. 
  • The content could be customized or generic; or a hybrid. 
  • There shall be relevant contracts in place
  • As long as the Community groups find value, you shall continue to be in business. 

jacksempowerment.com     jaaloo.com    jaaloopuzzles.com 

8. How could the Community group benefit?


  • Added value to members and officials. 
  • Improvement in the value offer of the Community group. 
  • If the members get value, it could impact their wallet sizes. 
  • They could then increase their financial contributions to the Community group. 
  • Members could feel a greater sense of ownership and value
  • They’ll be motivated and incentivized to give more in cash and kind to the Community group. 
  • The digital courses shall be relevant and affordable
  • There could be Affiliate Marketing options for members to monetize


9. Could Digitalization be Leveraged?


Yes, that’s the whole purpose. 

  • Digitalization, internet, technology could be leveraged. 
  • It could be in the form of a membership site
  • Online courses 
  • Or it could be suitable alternatives. 
  • Or probably a combination of digital solutions. 

jacksempowerment.com     jaaloo.com    jaaloopuzzles.com 

10. What Value Could Be Added?


  • It’s more like informal and ongoing education 
  • Qualifying members and officials shall gain access to the digital content or courses. 
  • These could be accessed instantaneously. 
  • The value they derive could help them at the Community group as well as in their working and personal lives. 
  • The community group also stands to get an engaged, valued and loyal membership. 
  • The members and officials are likely to put in their best to the betterment of the Community group. 
  • It’s like the concept of sowing and reaping. 

jacksempowerment.com     jaaloo.com    jaaloopuzzles.com 

11. Will it be costly or affordable?


  • It may not be that costly. 
  • It should be generally affordable. 
  • The Community group could pick the products that suit their wallets. 
  • There shall be different price plans
  • Discounts could also be applicable. 
  • The important thing is the value. Once value is gotten, it could end up a budget priority. 
  • Also, if the return on investment is high, it becomes a no-brainer
  • Also, if members benefit financially, this could trickle into the revenue stream of the Community group. 


12. Case studies


Case Study 1

In one of my former Community groups,  

  • Little or no training was given to post holders. 
  • The officials were thrown in the deep end. 
  • They had to learn themselves. 
  • It was a one way traffic. 
    • The officials gave effort and money  
    • In return they got experience and a little bit of privilege. 


  • The Community group made financial gains 
  • But the turn over of members was high
  • And there were my splits and factions 
  • Rival Community groups were rampant. 
  • There was even financial misappropriation. 

jacksempowerment.com     jaaloo.com    jaaloopuzzles.com 

Case Study 2

I belong to a Community group; 

  • Their core activity is to raise money and carry out eye care for the less privileged in their town of origin. 
  • They solicit funds from their members and from wider networks. 
  • Volunteers spend their resources in actualizing the activity 
  • And this is repeated annually. 
  • Though they’re about 10-20 years in existence, their value proposition hasn’t increased 
  • Also, it’s presumably a 1-way traffic. 
    • Volunteers give and give 
    • With little returns from their giving.  
      • Some lose their jobs. 
      • Some become unwell. 
      • Some require moral support 
      • And some require guidance and counseling
      • But there are little or no structures in place to address such needs.   
  • The volunteers learn on the job. 
    • Learning which could be accelerated is consumed in drips. 
  • Some disgruntled members leave 
    • And there’s little mechanism in place to address this, or to get them back. 


13. Is there a Business Case for your Value Proposition?


  • There could be trials for free, or next-to-free. 
  • With time, the value shall become apparent. 
  • Discounts could be considered
  • Initial payments could be made retrospectively. 
  • If the Community group feel it’s not right for them, they could opt out. 
  • But if their competitors find and use the value, they may be inclined to reconsider. 


  • Did you say, ‘a trial will confuse you?’ Or is it: ‘a trial will convince you?’


14. What’s the Potential Return on Investment?


  • This will differ from Community group to Community group. 
  • If adequately applied, the Community groups could recoup costs in cash and kind within a couple of years. 

jacksempowerment.com     jaaloo.com    jaaloopuzzles.com 

15. How will it Benefit Community groups?


  • It could benefit them in cash and kind
  • Directly and indirectly. 
  • The potential value is immense—both hidden and obvious. 
  • In some cases, the value may become apparent after a few years. 


16. What are the Possible Threats?


  • Abuse of process
  • Data compromise
  • Intellectual theft
  • Technical issues
  • Conflict
  • Non fulfillment of financial obligations
  • Copy cats
  • Competition
  • Access and affordability of digital devices and internet by concerned parties. 


You need to put processes in place to mitigate the threats

jacksempowerment.com     jaaloo.com    jaaloopuzzles.com 

17. Some Suggestions of Digital Courses


  • Customer services
  • Resource management
  • Legalities relating to Community groups
  • Leadership 
  • Basic information technology
  • Event management
  • Crowd management
  • Interpersonal skills
  • Social media skills
  • Fundraising skills
  • People management
  • Taking minutes of meetings
  • Managing meetings
  • Getting the best of meetings
  • Affordable incentivisation
  • Effective brainstorming
  • How to strategize
  • Crowd management
  • Optimizing your skills
  • Membership management
  • Preparing for grey years
  • Budgeting
  • Presentation skills
  • Side hustles
  • Being organized 
  • Collaborations
  • Budgeting
  • Accounting
  • Investments
  • Basic literacy skills
  • Basic numeracy skills
  • Best practice
  • Entrepreneurship
  • Job interviews
  • Job applications
  • Time management
  • Mindset
  • Preparing for meetings
  • Getting the best of meetings
  • Benefits of the Community group 
  • Why should I benefit the Community group? 
  • The importance of serving 
  • Benefits of Community groups 
  • Etc

jacksempowerment.com      jaaloo.com    jaaloopuzzles.com 

18. Will the product Include Signposting?


  • Yes, the content shall have suitable signposts.  
  • These could be signposts to information
  • Other courses
  • Relevant organizations 
  • And relevant others. 
  • Because the content is digital, it could be updated as necessary.


19. Is This Idea New?


  • Probably yes, or no, or both. 
  • But it’s still worth mentioning. 
  • So many Community groups all over the world could benefit from it. 
  • If they are not already benefitting from it,  they could give it a rethink. 


20. Will members and officials pay for these courses?


  • This shall be a judgement call by each Community group. 
  • Some may include this as part of the membership due. 
  • Some may make it free for office holders. 
  • Some may expect a part payment, in order to enhance value and seriousness. 


The Community groups shall decide individually on this. 

jacksempowerment.com     jaaloo.com    jaaloopuzzles.com 

21. What’s special about the idea? 


In simple language, it’s the leverage of the internet and technology in optimizing the value to and from Community groups in a cost effective way. 


22. How will the product/s be marketed?


The most cost effective way is by leveraging different digital platforms;


  • Digital marketing
  • Affiliate Marketing
  • Influencer marketing
  • Etc
  • Traditional marketing platforms could also be used
  • As well as incentivizing the product users to do marketing


23. What gadgets are required, to access the content?


  • Smart phones
  • Digital tablets
  • Laptops
  • Desktop computers

jacksempowerment.com      jaaloo.com    jaaloopuzzles.com 

24. What’s the value chain?


  • Marketers
  • Content Creators
  • Entrepreneurs
  • Information Technology Professionals
  • Translators
  • Investors
  • Collaborators
  • Etc

jacksempowerment.com     jaaloo.com    jaaloopuzzles.com 

25. How will the Business model work?


  • Business registration
  • Staffing? (Freelancers?)
  • Physical Office?
  • Virtual office?
  • Website? 
  • identify customers (Community groups)
  • identify their needs
  • source digital solutions to their needs
  • possibly create solutions
  • have an idea about their buying power
  • match your solutions to their needs and affordability
  • legalities shall be sorted
  • there shall be different price plans
  • payment options shall be agreed
  • the process could be automated sooner or later
  • products could be renewed
  • checks and balances shall be in place
  • upsell, down-sell, cross-sell as necessary
  • get regular feedback
  • improve on your value offering
  • continue monetising
  • Etc

jacksempowerment.com    jaaloo.com   jaaloopuzzles.com 

26. Conclusion


  • This is basically a Business Idea. 
  • It’s one of Jack’s Curated Business Ideas. 
  • Feel free to modify it. 
  • Financial success isn’t guaranteed, but very probable. 
  • Carry out your due diligence before embarking on the business.
  • Do your research, to increase chances of success. 


As you may perceive; this is indeed another Curated Business Idea. It’s an idea that could potentially create jobs and wealth. 

Because it’s novel; you could also enjoy a monopoly in a proverbial ‘blue ocean.’

I hope that you got value. If so, please consider spreading the word.

You could be an Affiliate Marketer and earn about 40% of the ebook sale on selar.co 


You could access more content on our other platforms. 

Our websites are:


We have content in text, audio and video formats. 

We also offer mentoring and collaborative services jacklookman@yahoo.co.uk  with a suitable subject heading, if interested. 

The transcript for the original audio presentation and additional information is  available at jacksempowerment.com   

Search for Jack’s Curated Business Ideas.

If interested in promoting our ebooks at selar.co please send an email to jacklookman@yahoo.co.uk  The commission is about 40% of the sale price. You also get this within a day or two direct from selar.co 


We have Social media presence on:

Youtube 

Facebook 

LinkedIn

TikTok 

Pinterest

Instagram

Vimeo

Twitter

Instagram

Search for Jack Lookman 


jacksempowerment.com  jaaloopuzzles.com  jaaloo.com



27. Did you get value?


  • Will  you consider promoting our work?
  • Will you check our Social media platforms?  
  • Will you check our websites?
  • Will you consider becoming on of our Affiliate Marketers?
  • Will you consider purchasing our other products and services?
  • Or will you search for Jack Lookman on the Internet, to get a feel of our work?
  • Whatever be the case, I wish you all the best in your decision. 
  • Remember: 
  • Our mission is to Empower and Inspire Generations by leveraging the Internet. 


  • This is Olayinka Carew aka Jack Lookman signing of

Ire o (I wish you blessings)

Ire kabiti (I wish you loads of blessings) 



jacksempowerment.com   jaaloopuzzles.com    jaaloo.com



28. About Jack Lookman 


Olayinka  Carew, aka Jack Lookman  is the 1st of 5 Children.

He has 3 children, and an elderly mum. He is resident in the United Kingdom and is of Nigerian origin.


He studied at King’s College, Lagos and University of Lagos.

He has varied life and work experiences.

He has been involved in voluntary and paid jobs.

He is dedicating the rest of his life to empowering and inspiring generations.

This is one of his legacy projects.

Though he has health challenges, he does not let that impede his mission and vision. 

Even though he studied Engineering in University; his calling is so many miles away from that. He is currently an Entrepreneur, Content Creator, Affiliate Marketer and Mentor.


He is the Director and Owner of Jack Lookman Limited, a registered business in the United Kingdom; and their aim is to empower and inspire generations by leveraging the internet.




jacksempowerment.comjaaloopuzzles.com    jaaloo.com



                              











29. OTHER PUBLICATIONS BY Jack Lookman Limited - amazon.co.uk


  1. Despair, Submission, Faith and Hope – Volume 1
  2. Despair, Submission, Faith and Hope – Volume 2
  3. Monetising Digital Book Reviews
  4. E-Commerce For Traditional African Attires
  5. Basic Management And Fundraising Tip For Community Groups
  6. Monetising A Digital Library
  7. Ajo, The App And Opportunities
  8. Empowering Orphans, Widows and Widowers 
  9. Submission, Gratitude, Faith and Hope 
  10. 10.Oro Ishiti- Indelible Yoruba Words 
  11. 11.Eid Monetisation by Leveraging Technology
  12. 12. What are your thoughts? What is your mindset? - Volume 1
  13. 13.What are your thoughts? What is your mindset? - Volume 2
  14. 14. Twenty Curated Business Ideas - Volume 1
  15. 15. Jaaloo Puzzles - Volume 1
  16. 16. Jaaloo Puzzles - Volume 2
  17. 17. Beauty Of The Storm
  18. 18. Digital Career Guidance App 
  19. 19.Bath Sponge Project 
  20. 20. Monetising Jollof Rice 
  21. 21. Event Discount App 


jacksempowerment.comjaaloopuzzles.com    jaaloo.com


30. Ebooks on selar.co 


Jack Lookman:


https://selar.co/m/jacklookman?affiliate=bdv4 


https://selar.co/m/jacklookman 


Collaborators:


https://selar.co/p/63i7?affiliate=m7u3 


https://selar.co/m/gabrieladeola?affiliate=in78


https://selar.co/m/PastorVictorDavid?affiliate=qudo


https://selar.co/p/wuvj?affiliate=vqc6





jacksempowerment.com   jaaloopuzzles.com   jaaloo.com










31. FOR MORE RESOURCES FROM JACK LOOKMAN LIMITED, USE THE LINKS BELOW


Olayinka Carew aka Jack Lookman


Jaaloo: https://www.jaaloo.com                           


Jack’s Empowerment: https://www.jacksempowerment.com


Jaaloo Puzzles : www.jaaloopuzzles.com 


Amazon books: https://amzn.to/3jahxEC    (or search for Jack Lookman at amazon.com)


Jack Lookman’s Books:


https://www.amazon.co.uk/s?k=jack+lookman&crid=MNRJ5L8GQVUD&sprefix=,aps,48&ref=nb_sb_ss_recent_1_0_recent 


Or search for Jack Lookman on amazon.co.uk                           


Become a member of Jack Lookman’s Facebook Community: https://www.facebook.com/jack.lookman.3                            


As well as at : Opo Ati Orukan: https://bit.ly/OpoAtiOrukan                       


Facebook group: Curated Business Ideas :             https://www.facebook.com/groups/353168765939448/?ref=share_group_link


Oro Ishiti- Indelible Yoruba Words - Youtube channel - https://bit.ly/oroishitiytc  


Subscribe to Jack Lookman’s Youtube Channel: https://bit.ly/JackLookman  (or search for Jack Lookman)                     


Ebooks on Selar:


https://selar.co/m/jacklookman?affiliate=ercg 


Mentoring:


https://www.jacksempowerment.com/products/courses/view/1152633 



Connect on LinkedIn: Olayinka Carew aka Jack Lookman


Or Jack Lookman on Facebook messenger                            


Email: jacklookman@yahoo.co.uk                  


At Jack Lookman Limited there are opportunities for mentees, investors, donors and collaborators.





jacksempowerment.comjaaloopuzzles.com    jaaloo.com





MONETISING AND EMPOWERING THE NIGERIAN DRIVER - Jack’s Curated Business Idea - Jack Lookman - empowering and inspiring generations

  MONETISING AND EMPOWERING THE NIGERIAN DRIVER 1. Introduction   Hello ! Welcome to another presentation in our series , Jack’s ...