Startup partnership with a profit-sharing approach
You are committing to
#financial sustainability#work equity#partnership and transparency#talent opportunity#a team without borders#philanthropy
Profit-Share for each Contribution Made
start with 0 (zero) capital and make your startup's value grow with each contributor's input
initiated by www.groupntravel.com
5-Star Planet® model is a guide.
Please consult a legal adviser before setting up your legal company in your country.
Change of perspective
From Classic Model: cutting and re-cutting a 100% equity pie, made out of shareholders who are investing capital,
To 5-Star Planet® Model: we commence with zero capital, and the value of the startup will grow with each contribution made, quantified by a fixed amount, and allocated to the department or team it belongs to. Thus, the startup's progress can be evaluated easily and transparently at any time.
It's a functional Joint Venture between Contributors. Because one of the biggest challenges for a startup is having a round table of professional people aligned to responsibilities.
You can also look at this model as a form of normalization and decentralization of the shares of a private company. In IT, "normalization" is the process by which a relational table, composed of a set of attributes, is decomposed into two or more tables, which will form the database. In our case, we will reassemble the startup and investors' table into new tables where contributions are pooled, based on departments, responsibilities, teams, or even other projects.
The Vision
Let's simplify the economy! We do it with a responsible contract that guides startups throughout their journey, for their entire life, and for the planet.
#Talent opportunity
◾ Transform anyone with talent and professional skills into an investor via “Profit-Share for each Contribution Made”. A contributor is like a “know-how” investor, who puts on the table his time and his skills, valued as invested money.
#Work equity
◾ To share the profit in an equitable and transparent way with all contributors, based on everyone's added value.
◾ Benefit plan for each task done.
#A team without borders
◾ Joint Venture between Team members, no matter their location.
#Financial sustainability
◾ Future profit does not belong only to shareholders, so we are limiting the shareholders to a percentage of the business value.
◾ 33% for the PAST, Founding Contributors (all contributions made before Break-even)
◾ 33% for the PRESENT, Startup Collective (founders + employees)
◾ 34% for the FUTURE, Nonprofits
#Philanthropy
◾ The model is sharing the profit with the nonprofits. Embed into the business DNA the rule of sharing the profit with the nonprofits and social causes, chosen by each individual contributor.
◾ Each contributor selects a Nonprofit as beneficiary for a percentage of their contribution from the total work provided.
#Partnership and transparency
◾ A single set of rules that applies to everyone in the same way.
Profit appropriation
The primary goal of a business is undoubtedly to generate profit.
5-Star Planet® embarked on defining enterprises with two major challenges in mind:
◾ firstly, to distribute the profit in an equitable and sustainable manner to everyone who contributed to its realization;
◾ and secondly, to allocate a percentage of the profit to non-profit organizations, chosen by each contributor.
We focus on startups, as they are the future companies and corporations. The way they grow is crucial and will define the trajectory of the enterprise even in its mature phase.
It is also essential for an enterprise to establish through a contractual commitment the distinction between the founding members and the recovery of the investment, that is, the PAST, versus what the company can offer in the PRESENT and its contribution to the community it is part of, namely the FUTURE.
Therefore, we are considering a joint commitment of all business participants in these directions.
33% - To Founding Contributors Collective (before Break-even)
33% - To Startup Collective (founders + employees)
34% - To the preferred NGOs of each individual
These percentages embody the commitment of GROUPnTRAVEL startup and are showcased for illustrative purposes. Every startup has the flexibility to define its own commitments, based on the industry it operates in and its business plan.
Frequently Asked Questions (FAQ)
What does 5-Star Planet® actually represent?
Answer: 5-Star Planet® is a firm contract that the established startup signs with all its Contributors. If you have a startup and are considering such commitment, please contact us, and together we will discuss the 5-Star Planet certification process for your company.
What role does this contract play?
Answer: This contract guarantees the commitment of the startup and the adherence to principles of revenue distribution, costs, profits, and contracts between the company and all its contributors.
Let's build a 5–star hotel planet for all beings
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Your commitment 5starplanet.org