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© 2008 - 2019 In Place Impact, LLC

Impact Economics Helps Communities Become
Economically, Socially, and Environmentally Sustainable
for ALL Residents
An Experiment for
Your Community
 

"Poverty is an economic model, and until we treat it as such we will never solve it. It is time to stop doing the same things, and hoping for different outcomes"

Results & Observations

 "To date, most initiatives have been driven by philanthropy or government programs, hence we have been fighting economics with charity"

In virtually every instance, the answers to each set of questions were almost identical. Over the past 60 years, nearly nothing has changed. Some argued (and with good reason) that things had become worse. 

Through deeper research we discovered that:

 

  • Poverty is driven by economics.

  • The vast majority of poverty eradication initiatives focus on the effects of low economic vibrancy e.g. hunger and a lack of access to fresh, healthy food; homelessness and inadequate housing; sub-par education and healthcare; violence and inter-community crime; high rates of unemployment; and inadequate transportation, to name a few. However, this has been like trying to cure the symptoms, while paying no attention to the disease.

  • Most initiatives are designed to be win/lose i.e. if one community segment "wins" one or more others "lose". This creates polarization and ultimate failure.  

  • There are clear CHOKE POINTS that prevent top-down capital from supporting bottom-up innovations. Many of them hide in plain sight.

  • Many initiatives are designed to continue Entitlement as opposed to transforming to Empowerment

  • Numerous initiatives are not "In Place" i.e. they try to help from afar

  • We cannot achieve the SDG benchmarks unless we eradicate poverty

  • Poverty is a business model, and hence it is driven by economics. To date, most initiatives have been driven by philanthropy or government programs, hence we have been fighting economics with charity. That is not going to work, hence the current results. 

Einstein defined insanity as doing the same thing over and over and expecting a different result. We believe this applies to our modern-day efforts to eradicate poverty. 

 

In an effort to investigate this hypothesis, our consultants undertook the following project while working within marginalized communities in numerous global ecosystems. 

 

We created focus groups from different age demographics within disenfranchised communities. 

 

  • In room A, we had 20 elderly community members (at least 75 years of age)

  • In room B, we had 20 youth community members (in their 20s)

  • We asked both participant groups the same questions, related to the "choke points" preventing empowerment and progress

  • The elderly community members were also asked to think back 60 years and provide appropriate answers for that time

 

Once complete, all participants were invited into the same room where they joined their community's religious, philanthropic, and government leaders to see and discuss the results.

Note: For transparency, be prepared for some heated discourse when the results are shared.

Our Solution
is
Impact Economics

Normally we're all for the "You can't solve a problem with the same thinking that created it" logic, but in this case we disagree. Business makes the world go around, so what happens when we think of poverty as an economic model?

 

...WE CAN ERADICATE IT!

Solutions

 We have designed initiatives for every segment that are:

  • Myopically focused on the cause, not the effects

  • Win/win - i.e. when a single segment "wins" all win

  • 100% inclusive i.e. bottom-up, middle-out, and top-down

  • Focused on the core of the circle which promotes economic, social, racial, and environmental balance

  • Dedicated to the attainment of the SDGs. 

  • Are "In Place"

  • Focused on empowerment and not an entitlement 

Impact Economics is a circular economy that through its natural operation, starts to increase economic vibrancy in ALL community segments, begins reducing poverty, and has a dedicated focus to help adopters attain the SDGs. The work our Certified Consultants do provides every segment of a community with a seat at the table, delivering initiatives that are wins for each, but when one wins, they all win. 

Our Certified Consultants work with:

  • Educational institutions to embed and expand Impact Studies via the award-winning ImpactX class and syllabus

  • Students to help them design for-profit innovations purposed to solve community-based social, environmental, and economic problems

  • Community residents to empower them to participate in and personally benefit from the creation of a sustainable future

  • Impact entrepreneurs to build out innovations purposed to Make a Profit While Making a Difference

  • Impact investors to find and fund community born Impact Innovations

  • Corporations to increase revenues, profits, brand equity values, and employee and customer retention rates while driving positive impact on their employees, communities, and the natural environments that surround them

  • Not-for-profits to help with their financial and human asset requirements

  • City/municipal/state governments to create communities that are socially, environmentally, and economically sustainable for all residents and, to help businesses expand while hiring people from their marginalized community segments

  • Marginalized community segments to increase economic vibrancy within them, thereby starting the eradication of the effects of poverty

Our Certified Impact Economics Consultants consult with community leaders at all levels. They have worked alongside Presidents of countries and Neighborhood Associations alike, and they have been working to integrate Impact Economic Systems for a combined 50 years, across five continents.