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How to build a multi-stakeholder co-op with Felix Weth from Fairmondo.
🎙 In today's Co-op series we talk about How to build a multi-stakeholder co-op with Felix Weth from Fairmondo.
Felix is the CEO of FDO Solutions GmbH, a Berlin-based software company that provides a digital platform and marketplace solutions to cooperatives and social businesses. He is also the founder and former CEO of Fairmondo, a cooperative online marketplace owned by its employees and users.
🧩 Chapters:
00:00 Opening
00:16 Intro
00:42 Key focus for co-op-Community
01:33 Journey in a multistakeholder cooperative?
09:10 Community involvement
/11:40 How did you find people?
/16:05 Co-working physical space as an integrator
18:55 Challenges faced creating a multistakeholder co-op
30:26 Leadership
39:20 Possible next steps & tips
43:07 Recommendation of good materials/tools on the subject
48:48 Closing
📎 Links mentioned by Felix :
platform.coop/stories/felix-weth-fairmondo/
www.fdo-solutions.de/
www.fairmondo.de/
🎥 OUR OTHER VIDEOS YOU MAY LIKE:
* Why start a CO-OP and what a cooperative company really is.
ua-cam.com/video/LzFZ2YKS2n4/v-deo.html
* I'm starting a cooperative business (aka a worker-owned co-op)
ua-cam.com/video/FOsjPhm6ZH8/v-deo.html
💚 LINKS TO FIND US:
Join our community at - www.mindhomenyc.com/​
Follow us on Instagram - thesustainablecoopstore​
Follow Vivek on Instagram - vivekmgeorge​
If you found this video helpful Subscribe to our channel - ua-cam.com/channels/MXi.html​... to receive all our weekly updates!
Переглядів: 676

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КОМЕНТАРІ

  • @talkttalk2010
    @talkttalk2010 2 місяці тому

    What about people who want to join but aren’t suitable? Do you interview as per normal companies?

  • @peacedragons
    @peacedragons 5 місяців тому

    ✨🫂💚✨

  • @magpievariety
    @magpievariety 7 місяців тому

    Thank you for the info. I can’t wait to hear about your progress. I hope to start one, as well.

  • @DannySpitzberg
    @DannySpitzberg 9 місяців тому

    I think this journey... ended, right?

  • @daylinlott5723
    @daylinlott5723 11 місяців тому

    Never apologize for doing whatever helps you breathe. My nose gets too stuffy even though i use mechanical aids and spray to keep it open. So, I often resort to my mouth just to get enough air. I use a cpap machine, which is a blessing and a curse. Sometimes i can be dreaming and realize im kind of suffocating, and i wake up. This is just part of my sleep apnea condition. Im not overweight, and I learned that you can be 'normal' weight and get obstructive sleep apnea. Im definitely struggling with it. I do feel better after sleeping with my nose channeling air instead of my mouth.

  • @LLMcPhotoAZ
    @LLMcPhotoAZ Рік тому

    I want to start a Co-Op for vacation rental services. Cleaners, concierge services, light maintenance, landscaping, laundry service, and photography. We live in a small town that is growing as a vacation spot in AZ. The demand is there as the vacation rental industry is growing fast here. A Co-Op of independent contractors getting more money for their time and work as well as a network that is supportive of each other and working together for the clients.

  • @lale5767
    @lale5767 Рік тому

    13:58

  • @lale5767
    @lale5767 Рік тому

    8:10 what?

  • @MegaSnail1
    @MegaSnail1 Рік тому

    Cooperative all the way! We all need more sustainability

  • @FollowMagicBrad
    @FollowMagicBrad Рік тому

    Vivek, Can it be a “hybrid” with members financially supporting and also founding members (investors) to accelerate the startup?

  • @FollowMagicBrad
    @FollowMagicBrad Рік тому

    Coop Coffee Shop #Minneapolis

  • @vizunaldth
    @vizunaldth Рік тому

    Well, technically working for someone else makes you a wage slave

  • @SydneyHumanismGroup
    @SydneyHumanismGroup Рік тому

    That's amazing! Congrats on starting your own worker-owned co-op! Can't wait to follow along and learn from your journey. 🙌🚀

  • @logans3365
    @logans3365 Рік тому

    Charities are not necessary if your society is not broken, your worker co-op plan is a much better step in the right direction. Also consider branching out into products that may not be 100% sustainable but your version reduces waste and saves customers money by removing planned obsolescence. Such as light bulbs built to last as long as possible, or printers that don’t break and have refillable ink cartridges.

    • @RowenaSnow-px3jg
      @RowenaSnow-px3jg 5 місяців тому

      Absolutely, lets get rid of "planned obsolescence"

  • @FernandoParise
    @FernandoParise Рік тому

    I hope your co-op is doing well. It will be good to see your co-workers and their opinions. I found you doing research about co-ops. Exactly because I have an idea about a sustainable business, a social responsibility business. I know that there is more people concerned about inequality, environment and unemployment and I believe cooperation not competition is the solution.

  • @glenjones4009
    @glenjones4009 Рік тому

    It's May 2023. Did your idea get off the ground? I hope so. Please let me know.

  • @X_TheHuntsman_X
    @X_TheHuntsman_X Рік тому

    There are two classes, the working class and the ownership class. I applaud you for stumbling into being actually progressive through just wanting to do the right thing. I'm here because I can't stand working for others anymore... I'm entirely alienated from my labor, and I just can't do it anymore. Anywho, is your website up and running?

  • @owenmarchetti9376
    @owenmarchetti9376 Рік тому

    If I was in a 50/50 business, would my business partner and I share a joint bank account, or how would we hold the findings for the business?

  • @Dan-zz4jb
    @Dan-zz4jb Рік тому

    How did you find/create your initial core team to create the first event?

  • @Dan-zz4jb
    @Dan-zz4jb Рік тому

    Any thoughts on the best way to find people to join? And especially how to vet people? My concerns are power grabs (e.g. cliques forming, destructive ways of discussing, etc), very different vision (e.g. steering away from ethical, sustainable vision), handling turnover. I have these concerns as I'm just a group of one person at the moment and am interested to start a worker co-op for something in engineering or tech, a space that seems to have a lot of competitive type working models which people may be overly used to

  • @BNcreg
    @BNcreg Рік тому

    You should look into marxism (if you haven't already), it will truly grant you a thorough & deep understanding of the organization of capitalist economies & markets. Just remember that there has been a violently anti-communist movement for a long time to spread the idea that socialism isn't possible. The world bank & unicef's own statistics show that socialism provides a higher standard of living with the same rate of economic growth to their capitalist counterparts 93% of the time. Co-ops are essentially socialist organization under capitalism &I hope to start one some day! Best of luck to you, comrade. Love your desire to better the world & side with labor rights & ethics over centralized profit.

  • @asangjamir9061
    @asangjamir9061 Рік тому

    Thank you for the helpful info

  • @tybrady1935
    @tybrady1935 2 роки тому

    I love this concept. Imagine how many great business ideas are out there, but nothing happens with the idea. It would be way cool to somehow act on that good business idea, create a business cooperative and to then later be able to walk away from it once the cooperative is up and running. Now your idea is reality, an actual business, that could live for tens or hundreds of years.

  • @Liz514
    @Liz514 2 роки тому

    Is the co op still going strong??

  • @luxaeterna3246
    @luxaeterna3246 2 роки тому

    His hair🤣🤣🤣

  • @rap36case
    @rap36case 2 роки тому

    Does this assume co-ops don't go public and have stock holders?

    • @bobsavage3317
      @bobsavage3317 Рік тому

      Co-ops can do that, but it would no longer be owned by the workers, it would be owned by the capitalists who buy the stocks.

  • @zasyatkin
    @zasyatkin 2 роки тому

    I love the way you explain Co-Ops and love the ethos behind Yuti! I've been dreaming of the same thing and so grateful that you're taking the steps towards such an ambitious venture.

  • @ChristopherWelty
    @ChristopherWelty 2 роки тому

    A very conservative business owner here looking into the future. This model has me dreaming of ways to unite my community and band together through difficult times. Thanks for sharing this!

  • @anarchyliberation
    @anarchyliberation 2 роки тому

    been thinking of starting a co-op and a non-profit. something vegan for sure and hopefully something in the cannabis/hemp field.

    • @logans3365
      @logans3365 Рік тому

      Try starting a co-op farm, you could provide local grown fruits and vegetables that are healthier and more affordable.

  • @wizzytalksalot
    @wizzytalksalot 2 роки тому

    Wondering what a content creation co-op could look like. Like music, art, podcasts etc.

  • @IsraeliteLife
    @IsraeliteLife 2 роки тому

    I have begun the process and am having difficulty putting together a proper steering committee How can I contact you outside of UA-cam?

  • @hariyantosetiawan713
    @hariyantosetiawan713 2 роки тому

    Terima kasih atas informasimya

  • @auto117666
    @auto117666 2 роки тому

    Good luck on your jouney. Some friends and I were considering forming one a few years ago. We ran into issues about governance and pay structure issues with certain members of our team. A few others thought it was too big of a risk for a concept that did not seem to have a lot of support yet. I think if there was more data out there, it would be far easier to advocate for it

  • @JayV98
    @JayV98 2 роки тому

    I'm still young and years away from starting a cooperative but I have an idea for a detective/mutual aid agency. I want to focus on helping undocumented people, people that have been wrongly incarcerated, helping worker unionization efforts and other cooperatives, building working class community solidarity etc. I'm a socialist and starting a co op is the closest we can get to real socialism in this country at the moment.

    • @auto117666
      @auto117666 2 роки тому

      We generally spend 8 hours of our day working in an undemocratic workplace. Market socialism is a good first step to building cohesion between people.

    • @vivekmgeorge
      @vivekmgeorge 2 роки тому

      Worker co-ops will be the heart of creating socialist society. Good luck with your co-op. Let me know if I can help. Thanks for sharing 🙏🏽

    • @ChristopherWelty
      @ChristopherWelty 2 роки тому

      Oh crap, is this a Socialist Communist thing that advances those destructive ideas? I guess I'm out. I was looking at this from a survival thought, I'll continue on that though.

  • @AkerElBey
    @AkerElBey 2 роки тому

    Thanks 🙏

  • @BilalAmanat
    @BilalAmanat 2 роки тому

    I don't know but i get a 20mint nap before meditation and it's works great as a warm up

  • @charityvillagomez3008
    @charityvillagomez3008 2 роки тому

    Im planning to open a coop sir..can u give me more ideas?🙏

    • @vivekmgeorge
      @vivekmgeorge 2 роки тому

      What type of ideas? Industries? I’d recommend focusing on category that you’re passionate about. Starting any business is hard so unless your passionate, it unlikely you will stick with it for the long term. Let me know if you need more assistance :)

  • @charityvillagomez3008
    @charityvillagomez3008 2 роки тому

    Hello sir I'm planning also to start a coop..keep inspiring sir😍

  • @thesustainableco-opstore9845
    @thesustainableco-opstore9845 2 роки тому

    <3

  • @vivekmgeorge
    @vivekmgeorge 2 роки тому

    This was one of my favorite conversations to date! Felix is an inspiring, brilliant individual. Grateful to be able to chat with him on the regular. I hope everyone enjoys!

  • @robertlongoria765
    @robertlongoria765 2 роки тому

    Thanks for the info. i think this is a theme that has been quiet but is going to very big, I don't think that many things are more democratic.

  • @intellectualselfdefense1997
    @intellectualselfdefense1997 2 роки тому

    super cool! I am very interested in the cooperative model myself as well. Gar Aperovitz and the model of anchor institutions would be great to go into. Evergreen cooperatives in Ohio have something going on like that. Cheers :)

  • @vivekmgeorge
    @vivekmgeorge 3 роки тому

    Please let us know if this video was helpful. We are planning to do many more of these type of conversations.

  • @mindhome9467
    @mindhome9467 3 роки тому

    Welcome back with a great, insightful conversation we had pleasure to host with Scott Erwin from Greencity Wholefoods. We hope you can learn from it and benefit in your own co-op project.

  • @1BrotherDragon
    @1BrotherDragon 3 роки тому

    Thinking about starting a sort of worker co-op related to web/mobile app design in React. I recently started freelancing and am trying to get my sister and little brother into it. We're all coders with me being the only one having finished my computer science degree. My sister dropped out and has been unemployed for several years now and my little brother is still in school for computer science, but looking for something to make money. The structure I'm employing is a bit different than that of a traditional co-op. Essentially, we would either all work together and get paid the same in like an assembly line fashion (my sister does front-end, I do some or most of backend and advertising, and my little brother does database and some backend) or we work separate and they pay me a small cut for advertising.

    • @mindhome9467
      @mindhome9467 3 роки тому

      Go for it. That sounds fairly reasonable. Good luck. Let me know if I can help in anyway

    • @JosephWilliams-cj1vh
      @JosephWilliams-cj1vh Рік тому

      Hi, that is something I have been dreaming to create since 3 years. What's the name of your co-op and how can I join you guys ?

    • @1BrotherDragon
      @1BrotherDragon Рік тому

      @@JosephWilliams-cj1vh I didn't end up making one. I took a job with Chase. It is a nice job

  • @marinasobol8110
    @marinasobol8110 3 роки тому

    Soo cool! Thanks for sharing! Gove us an update on how things are developing?:) wishing you lots of luck on this joirney!

  • @paulhamrick3943
    @paulhamrick3943 3 роки тому

    I think if Bezos sold all of his stock and donated 150 billion (or whatever to charity) it wouldn't do that much, to be honest. I'm sure some good would be done but nothing to fundamentally change society.

  • @katiea.244
    @katiea.244 3 роки тому

    Great video, thank you! Nervous but excited to try it

    • @vivekmgeorge
      @vivekmgeorge 2 роки тому

      Love to hear how it is going. Glad it was helpful :)

  • @lawrenceroy3495
    @lawrenceroy3495 3 роки тому

    Truly helpful!! Thanks a bunch!

  • @alexmarkadonis7179
    @alexmarkadonis7179 3 роки тому

    Good luck, comrade. I hope this takes off. I am working on my own cooperative in Ottawa, Ontario, Canada.

    • @vivekmgeorge
      @vivekmgeorge 3 роки тому

      Do it! We need many, many more :)

    • @peanuttasty247
      @peanuttasty247 3 роки тому

      I'm in Ottawa too! I hope to work for one or start my own at some point. I wish you all the best.

    • @alexmarkadonis7179
      @alexmarkadonis7179 3 роки тому

      @@peanuttasty247 Hello, Comrade. Out of curiosity, what type of cooperative do you have a mind to start or join?

    • @peanuttasty247
      @peanuttasty247 3 роки тому

      @@alexmarkadonis7179 I'm not entirely sure yet. I only recently started college in a science degree, but I'm not sure if I'll stay with it. What about you?

    • @peanuttasty247
      @peanuttasty247 3 роки тому

      @@alexmarkadonis7179 I've mainly worked doing gardening and landscaping in the past.