Hey guys,
I am planning to startup. Planning to go very big.
The fundamental reason for any business to start is to earn profits if it's not a non-profit org. But, what if the business is owned by the consumers itself. And consumers become shareholders of the business.
1) People fund the business
2) People buy products from it
3) People share profits if there are some.
Goal of such business:
1) Not for profits
2) Increase employment in country
3) Make in India boost

Share your views..

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Posting as :
works at
You are currently posting as works at

May be this is too early for this kind of model.
Especially country like India, most of the people prefer to buy goods or service on subscription basis. Few of them don’t really ready to own their part / share.

Amway was doing the same.

Your idea seems something similar to network marketing e.g forever, Herbalife, Amway etc.

Correct me if I'm wrong

In other words you plan to start a Chit fund?

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