This Economic Research Campaign will Usher in a New Era of Economic Prosperity and Wealth for ALL

economic prosperity

This is economic research into  how to apply large scale,  peer to peer collaboration and co-creation methodologies to dramatically improve the income production and wealth building ability of the masses. Learn how you can get in on the ground floor of this research, contribute professionally and, as a consequence, significantly expand your  professional income and  build massive wealth as the research grows and expands.

Before we get into the details of what it is, here’s what this economic research could mean to you in the near future.  

 

  • Step #1: You log into a peer to peer collaboration and co-creation system part time, say 7 to 10 hours per week.

 

  • Step #2: While online, you will work for an online enterprise where you will be a co-owner  along with the other individuals who work with you part time online.

 

  • Step #3: You secure this co-ownership position without having to invest a dime. All you did to secure this co-ownership position is to submit a resume and qualify based on your professional merit within your field of expertise or area of professional interest

 

  • Step #4: As a co-owner, you earn three compensation resources:  productivity based compensation (fee for service), ownership equity (you own a percentage of the enterprise) and the residual income equity benefit (residual income linked to every product or service sold by the enterprise. 

 

  • Step #5: By earning this type of wealth focused compensation working online part time, you can easily build wealth through ownership equity and through the residual income equity benefit, which will continue on for a while even after you quit working for a co-owned enterprise.

 

How is this scenario possible?  We create and build it from ground up. This is the essence of peer to peer collaboration and co-creation.

 

This system doesn’t rely on financing or support from financial institutions, venture capitalist, traditional corporations or the government.   It’s 100% peer to peer and grass roots operated.

 

Is it pie in the sky or real?  Well, this is where economic research comes into play and the goal of this blog post is to introduce you to this economic research campaign and offer you an opportunity to support and/or contribute to this research.

 

This Economic Research is Formally Called the Income Reengineering Process

economic research campaign

According to Michael Hammer and James Champy, authors of the best seller Reengineering the Corporation, the term reengineering has to do with applying information technology in ways that transforms the workplace.  The Income Reengineering vision evolves from a process where information technology is applied to transform the workplace in ways that dramatically improves the standard of living for the average worker.  This process is called the Income Reengineering Process.

 

Many details are involved, but the basic concept is simple as defined by the following principle:

 

Income Reengineering Principle: Information technology can only translate into individual financial empowerment and wealth for the masses when the masses learn how to use new information technology and connective tools to interact and collaborate professionally with each other outside of the bounds of traditional employment and in ways that is financially empowering to all participating individuals. Over time, this empowerment will find its way into the mainstream workplace as financially empowered employees are willing and financially able to forgo hourly wages and salaries in lieu of more lucrative productivity and ownership based compensation.  

 

Think about it.  Given that most people earn their living in the mainstream workplace, what better way to improve the overall standard of living for the masses than to integrate new financial empowerment and wealth building principles and processes into the mainstream workplace?

 

With this in mind, the step by step peer to peer collaboration and co-creation online system illustrated above is an example of this financial empowerment starts.  So, the ultimate goal of this economic research is to explore how we can apply peer to peer collaboration and co-creation methodologies to move the ball down the field toward the vision outlined by the Income Reengineering Principle.

 

Why is the Economic Research Necessary

Just look at  current economic trends regarding the middle class.  As you can see from the chart below, middle class incomes are decreasing:

 

 

 

 

 

 

 ..and the gap between rich and middle class and the poor is rising at alarming rates.

 

 

 

 

 

 

For years, people work and live paycheck to paycheck and retire dead broke depending on social security. However, social security may not be available in the future.

 

 

 

 

 

 

 

For these reasons and more, it’s time for new thinking and new solutions to create new kinds of wealth for the masses as we advance through the 21st century and global information age:

 

  • Think about it. With the information technology tools such as Facebook, Twitter, Linkedin and smart phones, society is more connected than ever in history. However, this well connected society is still living paycheck to paycheck with little to no savings and often working 2 jobs to make ends meet;

 

  • So, it’s definitely time for new thinking

 

Now, according to Evonomics.com, “prosperity doesn’t trickle down, it comes from the middle out” and the best way to help the middle class is to encourage and help the middle class build wealth as opposed to still relying on paycheck to paycheck hourly wages and salaries.

 

What is Peer to Peer Collaboration and Co-creation?

Well, the International Society of Biourbanism believe peer to peer communities will change the world.  In addition, the society offers a smorgasbord of theory, concepts and viewpoints relative to the potential and drawbacks of peer to peer.

 

The Institute of the Future refers to  peer to peer production as social production and then defines social production as “production that draws on contributions from a large networks of people, enabled by social technologies, to create new kinds of wealth”.

 

Also, Don Tapscott, author of Wikinomics: How Mass Collaboration Changes Everything, voiced his feedback on social production or peer to peer production in the following video clip:

 

 

 

 

 

 

 

 

 

 

 

 

 

Now, let’s revisit the Income Reengineering Principle:

 

Income Reengineering Principle: Information technology can only translate into individual financial empowerment and wealth for the masses when the masses learn how to use new information technology and connective tools to interact and collaborate professionally with each other outside of the bounds of traditional employment and in ways that is financially empowering to all participating individuals. Over time, this empowerment will find its way into the mainstream workplace as financially empowered employees are willing and financially able to forgo hourly wages and salaries in lieu of more lucrative productivity and ownership based compensation.  

 

So, relative to this economic research and the associated Income Reengineering processes, we can define  peer to peer collaboration and co-creation as a large number of people using social technologies to collaborate, create and crowdfund economic/business  projects as applicable to explore, evaluate and field test how far we can move the ball down the field toward the vision outlined by the Income Reengineering Principle.

 

Economic Research: How Does it Work.

Economic research and associated operations takes place according to a four (4) stage business plan:

 

  • Prelaunch Phase I (Early Introduction): Traditional crowdfunding (Kickstarter, Indiegogo, etc);

 

  • Prelaunch Phase II (Early Operations): Empower the Crowd First Crowdfunding System (ECFCS) — startup

 

  • Stage I (Early Growth and Development): Empower the Crowd First Crowdfunding System (ECFCS) — main

 

  • Stage II (Building the Foundation): The Gradual Entrepreneurial Allocated Resource System (G.E.A.R.S.);

 

  • Stage III (Main Operations): The Virtual Income Machines (Virtual Wages, Virtual Dividends, Virtual Bonds and Virtual Stocks);

 

  • Stage IV (Corporate Integration): Corporate restructuring and reengineering toward promoting entrepreneurship, worker ownership and wealth building in the mainstream workplace.

 

Each stage or phase is underwritten by a aggressive new crowdfunding solution, which is required to fund the business projects running under the system:

 

  • Stage I crowdfunding solution is called the Empower the Crowd First Crowdfunding System (ECFCS);

 

  • Stage II crowdfunding solution is called the Gradual Entrepreneurial Allocated Resource System (G.E.A.R.S);

 

  • Stage III is the Virtual Income Machines (virtual wages, virtual dividends, virtual bonds and virtual stocks).

 

Again, this is a grassroots lead phenomenon, not corporate or the government.  So, if you choose to, you can get involved, contribute professionally within your field of professional interest and earn a ton of money doing it.

 

How Would You Like to Help Launch this Research and Earn a Ton of Money Doing It?

Join us as a member of the Think Big Mastermind Alliance.  This alliance consist of grassroots individuals, entrepreneurs and aspiring entrepreneurs who choose to get in on the ground floor and help launch  this economic research campaign.  As a member of this alliance, your income, career and wealth building potential is enormous.  Join us here.  

 

 

 

 

 

 

 

About Dwight Chestnut 11 Articles
Dwight B. Chestnut is an ex-engineer turned business consultant and entrepreneur. His core focus and passion is developing, introducing and teaching Income Reengineering Principles and Processes to the general and business public.
Contact: Website

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