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Cooperative Capitalism 101 | God Intersections

I define Cooperative Capitalism as a free market concept where communities of business owners join complementary businesses, competitors (I know, I know), suppliers, customers and other businesses for the purpose of developing Trust and living shared Core Values while engaging in each other’s success.  In these challenging economic times, Cooperative Capitalism becomes viable because these communities improve the odds of success for all the members by providing experience, knowledge and encouragement to each other.

The basics of Cooperative Capitalistic Communities (I will try and refrain from the “CCC” acronym) include regular participation in a group with a:

  1. Focus on growing your businesses and helping others achieve their business vision and goals
  2. Willingness to be transparent with each other as a matter of practice
  3. Willingness to share your Business Purpose, Vision, Promise, Core Values and Strategic Goals with other community members
  4. Willingness to abide by the Organizational Principles and Practices of the community
  5. Willingness to develop Trust and be held accountable to the Core Values of the community.

When I step back and look at these, they seem simple enough.  But my experience over the last 3 years has shown them to be anything but easy.  Business leaders typically verbally support the concept of collaboration but when it comes to subordinating our agenda’s for the needs of another we need help.  These are NOT networking groups; they are Communities with a commitment to work on our businesses in a regular, concentrated fashion for everyone’s benefit in a culture of trust and shared values.

This said, the potential upside overshadows the challenges.

The power of Cooperative Capitalistic Communities is derived from engaging with a group of business leaders that understand each other and their businesses and are willing to build trust and cooperation over time for the improvement of the business.   That kind of help in this economy is invaluable, IF IT IS REAL!

More on that next time,

The Cooperative Capitalist,

Mark Miller

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