David Smuts, Social Entrepreneur on a mission to empower people, F ounder and CEO of Elexu which is a social network that meshes online competitions with reality TV to help provide people with access to the requisite funding, information or contacts they need to pursue whatever aspiration they have. His life experiences include being a psychotherapist, a political advisor, business executive and chairman of the South African chamber of commerce in London.

1. THE FUTURE OF CROWD FUNDING & SOCIAL ENTREPRISE Yoomoot Change the World Gathering 1st September 2011 London

2. INTRO TERMINOLOGY 7 CONCEPTS AROUND SOCIAL ENTERPRISE THE FUTURE SUMMARY

3. e l e x u Empowering People

4. SO WHAT IS ELEXU? (pronounced: “elects you!”) A social movement and a network of people working together to make the world a better place SO WHAT IS ELEXU? A social network which meshes online competitions (endowments) with reality TV.

5. OUTPUT elexu.com

6. A BRIEF MOMENT ABOUT TERMINOLOGY HERE PLEASE!

7. CHANGE THE WORLD

8. VC Jeff asks the entrepreneur: “So Brad, tell me how are you guys going to change the world?”

9. REALITY CHECK VC JEFF’S VIEW OF THE WORLD IS ALREADY FIRMLY ESTABLISHED HE LIKES HIS WOLRD AND DOESN’T REALLY WANT IT CHANGED HE’S JUST ASKING THIS TO BE POLITE

10. ALL HE WANTS IS A PRODUCT WHICH IS PROVEN

11. WITH THE OBJECT OF MAKING HIM A TONNE OF MONEY (homerun)

12. JEFF’S WORLD IS JUST FINE THANK YOU VERY MUCH! He doesn’t want to change the world dude

13. CHAGING THE WORLD DOES NOT MEAN: CONQUERING THE WORLD OR GLOBAL DOMINATION

14. TO CHANGE THE WORLD, ONE MUST: Look at it through the eyes of a child See what needs changing Visualise an alternative future

15. AND DO SOMETHING ABOUT IT!

16. “REALTIME”

17. THERE’S NOTHING MORE REAL TIME..., THAN LOOKING AT YOUR WORLD AND DOING SOMETHING ABOUT IT RIGHT NOW!

18. “DISRUPTION”

19. We live in a disrupted world already DISRUPTION Let’s change it

20. “SOCIAL”

21. “SOCIAL NETWORK”

22. Where the F is the Social in this?

23. “CROWD FUNDING”

26. “SOCIAL ENTERPRISE”

27. A SOCIAL ENTERPRISE is an ORGANISATION that applies CAPITALISTIC STRATEGIES (profit) to achieving PHILANTHROPIC GOALS (outcomes)

28. “SOCIAL ENTREPRENEUR”

29. We’re a bunch of weird tree hugging hippies

30. or lost youth

31. “SOCIAL INVESTOR”

32. Angels who have seen our vision and have come to help those in need!

33. WAKE UP DUDE!

35. there are no “Angels” in the investment world baby!

36. only investors who want to make a decent return on their money

37. “CHARITY”

38. QUIZ: A charity is?

39. QUIZ: Which organisation is more “social”?

40. THE THREE PILLARS CONCEPT #1

41. 1. Resources MONEY ( MONEY’S KIND) EQUIPMENT/TOOLS PRODUCTS SERVICES

42. 2. Information KNOW-HOW LEGAL/DOCUMENTS STATISTICS/FACTS TRUTH

43. 3. Contacts SUPPORTERS/HELPERS/FRIENDS MENTORS/ADVISORS/ROLE MODELS PEERS/PROFESSIONALS/EXPERTS BELIEVERS

44. The PROBLEM Access to the pillars is restricted

45. CONTROLLED ACCESS BY INVITATION ONLY THE OLD BOYS CLUB

46. DESIGNED TO EXCLUDE YOU

47. DESIGNED TO MAKE THESE GUYS RICH

48. “CHANGE” WILL ONLY HAPPEN ONCE WE ARE ABLE TO FACILITATE WIDER ACCESS TO THE THREE PILLARS (for the masses)

49. WHO ARE WE DOING THIS FOR? EVERYONE IN THE WORLD

50. CONCEPT #2 The consumer-citizen

51. Is This What We Want?

52. RECIPRICOCITY CONCEPT #3

53. Sharing & fair exchange

54. See our contribution at work

55. every action has a reaction

56. good

57. bad

59. TRANSPARENCY CONCEPT #4

61. Transparency = Risk

62. CONCEPT #5 LEADERS & FOLLOWERS

63. LEADERSHIP=RISK

64. LEADERSHIP IS NEVER EASY FIRST THEY IGNORE YOU THEN LAUGH AT YOU THEN HATE YOU THEN THEY FIGHT YOU AND THEN YOU WIN!

65. CONCEPT #6 OPPOSITION

66. BE PREPARED FOR BATTLE SOMETIMES YOU HAVE TO FIGHT FOR THINGS WHICH ARE IMPORTANT TO YOU!

67. SOMETIMES IT WILL FEEL LIKE...., You’re walking up a mountain Butt naked and cold With a rope tied around your neck

68. YOU’RE NOT ALONE! PEOPLE POWER

70. CONCEPT #7 DARWIN’S THEORY

71. species adapt

72. or they die

73. dinosaurs will die out

74. people are evolving

76. the world is changing

77. get on board

78. The Future Business becoming more charitable & more “social” Charities becoming more business like & more efficient Social Enterprises on the increase (more impact & use of technology) More engaged, activist and informed Consumer-Citizen Crowd Funding evolving to be more “social” , Reciprocal & entertaining Fewer & bigger crowd funding platforms Reality TV becoming more real Status quo being challenged Elexu launching in a town or village near you! (London as a hub of social enterprise)

79. SO HERE WE ARE ON OUR JOURNEY TO CHANGE THE WORLD WHERE NEXT? WILL YOU JOIN US?