SMDR 2nd event
Union, Narrowsburg NY
March 30th, 2017 – 6pm Potluck
Speaker Bob Lewis & Tony Waldron started at 7.10pm
Moderator Greg Schartz from Willow Wisp Organic
Public - 33 members of the community
Short intro about Slow Money
We use extractive system because of the drive for higher
profit, each year. How can we move to another system while being mindful of our
resources and mind fullness & how to foster those ethics?
Slow money comes from the slow food movement - flavor, sustainability and local eco. Dev.
Food system
The principal / local investment more closely related, protect
natural resources.
Slow money growing / investment activity more than 50
Millions by mid - 2016
Our new group SMDR/ 1st event Feb 7th
Caution, we are focus on education and informing people –
public meeting / no solicitation.
Private offering to friend & family / we are just
introducing people:
The business plan is a story telling – what is your purpose,
how do you invest the money, time frame. Investor shall due their due diligence
& typical due diligence questions
list shown in slide.
SM deals are single personal loan/ how the cash payment
match the cash flow of that business?
Or equity deals –
Loan Terms – commonly vs. alternative lower interest rate, off
set risk with collateral.
Registered vehicle, real estate, and personal guaranty,
taking payment in product instead of cash.
Balloon payment or interest only, royalty payments (% of
sales)
Speakers/
Bob Lewis is the co-funder if the Green market in NYC
– regional ecological planner
40 years re-connecting farm with city.
Sale directly, caring for taste, designs including nature
brought back into planning.
1978 walk into State Ag & Market and propose to connect
people to farm & food through public market.
The agora supported the creation of democracy after all!
Re legalized.
Invisibility was an issue – we restore communication, young
farmers, and immigrant farmers…
The feeling of opportunity. Creating school gardens, access…
Un leash the creativity
Farms = land preservation / conservation.
GS: How does SMDV can use your incentive what do you advise
us?
BL: We can show case the produces of the Delaware region /
brand your region. Prop up a fridge at the Fulton market location (1000 sqft
operation)
Indoor public market in Europe are the example to celebrate
food, gather, educate, provide consumer access to healthy food as a general
principal.
Tony Waldron Esq./ 37 years in Hawley / real estate,
land conservancy, small entrepreneurs/ business, Corporation, LLC. Represent
the Wayne Ag. Board for 10 years.
“An entrepreneur is a person who organize and manage any
enterprise, especially with business, usually with considerable initiative
& risks”
Set up entity is useful for/
-Organizational management
-Risk & liability protection
-Depends on capitals…who it is own by, potential of
expansion, planning…
Keep it simple…
Branding/ shop local save farm example
BL: Mention Carlos, leader of agro de tourismo – go beyond
context, have hand on…tasting, staying… host, weeding, workshop… hands on
experience.
Escapemaker.com / go
visit…. How to get to farm? make it sexy, transport people…
AS?/ Why the city got ride off the large market to bring it
back? It was unrelated.
BL/The Washington market was under the towers…
Create a hub…wholesale is a public infrastructure,
Kathy comment/ sea level for protection
Farms to be given away for farming only
TW/ farming coalition with lease to won part, land trustee,
farm under conservancy pay the taxes…Framing is a real estate business – take
the land price out of it…
Discussion
Even ended at 8.20pm
Note/ Audio recording of the event is available.
F
No comments:
Post a Comment