Free Business

Be lean, be naked, talk a lot and speak the truth.

What is a Free Business?

A free business is what you get when you have an open business using free means of production and open knowledge to produce free products&services in exchange of free payments.

As for any free cultural work, a pure free business can be freely studied, applied, copied and/or modified, by anyone, for any purpose. Nonetheless, a pure free business is, for now at least, a purely theoretical concept. In practice, there can be a wide spectrum of freeness and openness among free culture producers. This definition is not intended to be restrictive.

Why a Free Business?

It is by far the best business model for the economy of free, because:

• Openness is the only model in this age of total transparency.
• Transparency maximizes revenues one can get with the free payment model.
• Free means of production and open knowledge because it minimizes production cost.

All other things being equal, more a business is free, better are its chances of success in an economy of free.

Caracteristics of a Free Business

• Transparency
• Free means of production
• Nurture a community of true fans
  • Commitment
  • Sense of ownership
• Free payment incentives
• Terms, conditions and privacy: simplify or standardize: would give a competitive advantage
• What is the legal status of a free business?

Method for improving revenues

• More information: suggested price, cost structure, financial situation, communication, communication.
• Real time dashboard of funding (tjoonz.com) = information
• Monthly/yearly automatic payment facilities (ah.fm)
• Special privilege to givers (ah.fm)
• Funding for specific projects
• Recognition programs, list of givers, etc.
• Going through a payment process even if 0$ can be chosen (not very user friendly but maybe a good way to sensitize customers)
• Posting info and stat about how much other paid (see here)