Tuesday, October 2, 2012

New Website for As Local As Possible!

As Local As Possible has a new website and we will no longer be updating this one.

The new address is aslocalaspossible.wordpress.com.



Monday, June 11, 2012

ALAP Meets 6PM Thursday, JUN 14 @ MLUI


Hello all,

Just a reminder that ALAP will meet this Thursday, June 14 (6pm @ MLUI) for a potluck and a full session devoted to group business including strategizing on outreach to both entrepreneurs and potential new group members and rotation of administrative duties.  Bring your ideas and enthusiasm!


Friday, May 11, 2012

ALAP May Meeting Recap


May ALAP Meeting Recap

We are an informal group of Northern Michigan citizens seeking to have more local impact and connectedness with our money.  We gather once a month for a potluck and to meet local entrepreneurs and learn about their projects.  During our meetings, we also share ideas for how we might keep more of our money locally and invested for triple-bottom-line returns (financial, social, and environmental). This is an experiment of sorts with exciting offshoot possibilities, including the spawning of a more formal local investing club.  For now, though, those interested in pursuing local investments with other group members or presenting entrepreneurs may do so independently of this ALAP group.  Our meetings are open to any individual, although we request that you RSVP so that we can assure sufficient meeting space. We blog our progress @ www.aslocalaspossible.blogspot.com.

May 10 was the date for another fine ALAP gathering @ MLUI.  The potluck was top notch and the discussion engaging.  We heard two brief updates from Paul Murray (LifeHouse project) and Bruce Odom (Odom-Reuse) and then spent forty-five minutes with local agripreneur Nic Welty of 9 Bean Rows. 

Nic spoke to us about a project he is working on to better connect small Leelanau county farmers with institutional buyers like restaurants.  He is developing a software app that can run on smart phones and PCs and streamline communication, commerce, and logistics between farmers and direct wholesale purchasers of any size.  Nic hopes that by enabling system efficiencies he can reduce waste, improve farmer recordkeeping and improve traceability and local food safety.  He envisions a one-year trial for the app and expects to allocate funds raised for the project to initial software development, farmer incentives, and technical support.  Several group members expressed initial interest in following up with Nic and will make arrangements for a subsequent meeting.

ALAP will meet next  on June 14 (6pm @ MLUI) for a potluck and a full session devoted to group business including strategizing on outreach to both entrepreneurs and potential new group members and rotation of administrative duties.  In the meantime, all ALAPers are encouraged to help identify and reach out to triple-bottom-line minded entrepreneurs who might benefit from speaking with our group.  

Looking forward to keeping the momentum rolling and wish you all a fine Northern Michigan weekend!

Zach

Sunday, May 6, 2012

ALAP MEETING 6PM THIS THURSDAY, MAY 10 @ MLUI


Hello As Local As Possible!

This is just a reminder that our next ALAP investment group meeting is Thursday, May 10 at MLUI headquarters (148 E Front St, Suite 301).   We will try a slightly different format this month.  Our potluck/social time will begin as usual at 6pm.  From 6:30, there will be up to three, 10-minute slots for those who would like to make a mini-pitch of a project to the group.  At 7pm, our featured entrepreneur, Nic Welty of the artisan farm and bakery 9 Bean Rows (http://9beanrows.com/), will have the floor for forty minutes to discuss a project in the works that involves farm-direct ordering via mobile devices and the internet.  We will break @ 7:45 to clean up the potluck and reconvene at 8pm to discuss amongst ourselves the night’s speakers and group business.

Nic is one of the rising stars of the local good-food movement, so please spread the word.  We encourage RSVPs (reply to this email is fine) so that we can make sure we have sufficient space.  I look forward to seeing you all Thursday!

Zach

Friday, April 13, 2012

April ALAP Meeting Recap


April ALAP Meeting Recap

We are an informal group of Northern Michigan citizens seeking to have more local impact and connectedness with our money.  We gather once a month for a potluck and to meet local entrepreneurs and learn about their projects.  During our meetings, we also share ideas for how we might keep more of our money locally and invested for triple-bottom-line returns (financial, social, and environmental). This is an experiment of sorts with exciting offshoot possibilities, including the spawning of a more formal local investing club.  For now, though, those interested in pursuing local investments with other group members or presenting entrepreneurs may do so independently of this ALAP group.  Our meetings are open to any individual, although we request that you RSVP so that we can assure sufficient meeting space. We blog our progress @ www.aslocalaspossible.blogspot.com.

MLUI hosted another fine As Local As Possible (ALAP) Investment Group meeting on April 12!  We changed up the format a bit this month to discuss group business during both the first (in between yummy bites of potluck goodness) and third hours.  Here’s a quick summary of these topics:

*Membership:  with several months under our belts, we are now confident it is time to more openly spread the word about ALAP.  We will work on some basic content to help with this (including a combined hand-out (paper and/or electronic) that appeals to prospective members and fund-seeking, triple-bottom-line entrepreneurs).  Such content will help us get the word out to our respective social networks, local media like the Express and TCTicker, and sustainability-connected groups like ISLAND, SEEDS, and MLUI.  In order to manage logistics, we will strongly encourage RSVPs to make sure our current meeting space is sufficient.

*Speaker Sourcing:  In addition to the combination member/entrepreneur recruiting noted above, we will get the word of what we are doing out to other organizations that regularly interface with entrepreneurs (such as Northern Michigan Angels, SCORE, community bankers, etc).  We will be sure to emphasize that ALAP members are focused on making loans to triple-bottom-line-focused local entrepreneurs.

*Meeting Format:  we talked quite a bit about this including frequency, structure, etc.  For now, we’ve decided to skip the May meeting as many of the regular ALAP members will be getting together in the weeks ahead to work out an operating agreement for a local investment club.  So our next regular ALAP potluck will be June 14.  We also discussed taking July and Aug off and then from September alternating the ALAP potluck and ALAP investment club (once formed) meetings.  Depending on our speaker sourcing efforts, we may alter the 7-8pm hour to include two 30-minute entrepreneur slots rather than the current format of one 60-minute slot.  We also liked the idea of mixing in a local Pizza order from time to time to give the potluck preppers a break.  Generally though, we like the 3 hour format of (6-7pm) networking/potluck/5-minute quick pitches, (7-8pm) featured entrepreneurs, and (8-9pm) group business.

After our “working” potluck hour, we heard a five-minute talk from ALAP member Paul Murray who continues to develop a business model for his Life-House Eco Living System.  Paul’s current concept includes a 20-room healing lifestyle center with year-round greenhouse food growing, living-foods nutrition on-site, and ultra-green construction. 

Following Paul, we heard about the new developments underway at Selestial Soap.  Joining Ruth were her new CEO/investor Stephen Ezell (www.eha-ventures.com), COO Bob Selkirk (sorry about the spelling Bob) and guest Tom Krause who is helping the Selestial Team with a possible commercial real estate deal.  Ruth gave a product overview of Selestial’s surprisingly deep product line which includes surfactant-free liquid laundry detergents, softening rinses, stain sprays, household cleaners, and even an all-natural insect repellent.  Stephen who runs a venture-capital advisory and joined the Selestial team only a week ago, walked the group through his assessment of Selestial’s potential and the introductory steps the new team is taking to quickly ramp up growth.

Those interested in learning more should follow up with Stephen (Stephen@eha-ventures.com).  He mentioned that there may be a near-term real-estate investment opportunity in “Phase 1” of Selestial’s restructuring as well as a possible equity opportunity later this year.

For ALAPers interested in working on the planning of the investment club, our next meeting is scheduled for 7:30 pm Wednesday April 25 at Barb Tholin’s home in TC (directions will follow for those on the investment club planning group email list.)  As mentioned above, our next ALAP potluck will be Thursday, June 14 with the invited entrepreneur TBA. 

Have a great weekend everyone,

Zach

PS:  Here’s a link from Paul Murray on the self-directed IRA front.

Monday, April 9, 2012

ALAP Meets This Thursday, April 12 @ MLUI


Hello ALAPers,

This is just a reminder that our regular ALAP potluck is scheduled for this Thursday, April 12 from 6-9pm at MLUI HQ (148 E Front St). 

This month, we have a slightly different format in mind as we attempt to catch up with some group business reflection/discussion time.  We will begin at 6pm sharp with a “working potluck” rather than our normal informal networking time.  During this first hour, we will discuss group business including membership, virtual participation options (recording, live-streaming, etc), meeting format, speaker sourcing, and local alternative investment education.  So please bring your ideas!  Should we have any folks interested in making a 5-minute speed-pitch on an entrepreneurial project they are working on, we will allot time for those at the end of the first hour as well.

From 7-8pm we will hear from the local natural cleaning product extraordinaires of Selestial Soap (www.selestialsoap.com).  I learned a few days ago that Selestial is undergoing some exciting new structural changes which we will get to hear about first-hand.  A new investor/CEO, Stephen Ezell of EHA Ventures, LLC (http://eha-ventures.com/1.html), has joined Ruth and the Selestial team and will share with us his top-down overview of the company and the vision he has to lead it to the next level.  Stephen has also agreed to spend a portion of his presentation introducing his venture capital firm and how he approaches the analysis of opportunities like Selestial.

In our third hour we will regroup and discuss the Stephen’s presentation and spend remaining time revisiting topics raised during the working potluck. 

I look forward to seeing you all this Thursday.  We have much to discuss and much to learn from each other!

Here’s to a great start to the week!

Zach

Monday, March 12, 2012

March ALAP Recap


March ALAP Meeting Recap

We are an informal group of Northern Michigan citizens seeking to have more local impact and connectedness with our money.  We gather once a month for a potluck and to meet local entrepreneurs and learn about their projects.  During our meetings, we also share ideas for how we might keep more of our money locally and invested for triple-bottom-line returns (financial, social, and environmental). This is an experiment of sorts with exciting offshoot possibilities, including the spawning of a more formal local investing club.  For now, though, those interested in pursuing local investments with other group members or presenting entrepreneurs may do so independently of this ALAP group.  Our meetings are open to any individual, although we request that you RSVP so that we can assure sufficient meeting space.

March 8 was the date for another terrific As Local As Possible (ALAP) Investment Group meeting!  We gathered at Michigan Land Use Institute HQ (thank you MLUI!) for a good mix of food and networking and discussion focused on community-based investing. 

After our opening potluck hour, we heard a five-minute talk and product sampling from Dennis Bean-Larson.  Dennis is a fixture (pun intended) at The Mercato which serves as the home for the eclectic retail shop and brick and mortar base for his Fixed Gear Gallery, one of the country’s largest websites devoted to fixed gear bikes.  At our meeting, Dennis introduced his ERG! energy bar project, which he hopes to take to the next level with product introductions at several upcoming bike events.  Those interested in learning more about ERG! can reach Dennis at fixedgearwizard@yahoo.com

After Dennis, Scotty Bruce of mifarmmarket.com took the floor.  Scotty gave us a spirited overview of his family business which has already become a success story in Ellsworth.  Mifarmmarket.com adds value to both local farm/food entrepreneurs and discerning consumers with its gourmet food baskets of All-Michigan-Made products.  The company mixes live events and the latest in search engine optimization/social media techniques to drive revenue growth and economic benefit to the region’s boutique food producers. Scotty discussed several of the exciting growth initiatives the company is targeting in the years ahead and invited those interested in his company to follow-up with him directly.  Scotty can be reached @ scotty@mifarmmarket.com.

During our final hour, the group discussed the evening’s speakers and planned for our next meeting on April 12 which will feature Ruth Smith of Selestial Soap.  We plan to have a “working potluck” at this meeting from 6pm sharp and will attempt to make a dent into a growing backlog of ideas produced by the group (including the possibility of recording meetings, the merits of boosting the group’s membership, leading triple-bottom-line “cash mobs”, building in investment education into the meeting mix, etc).  Several group members also expressed an interest in pursuing an investment club format for those who would like to pool funds and make joint investments.  Anyone interested in joining the steering committee for this, please contact me and I will forward details and information for a meeting we will hold on April 5 to get the ball rolling. 

Thanks again for your continued interest and participation and I look forward to seeing you in the weeks ahead. 

Zach

PS:  Two upcoming educational events related to community capital to put on your radar:

1)       Balle’s Accelerating Community Capital series hosts the latest on the topic of Community Supported Enterprise March 13 @ 1pm EST.  More details of this event (with $25 fee) can be found here.  For anyone in the Elk Rapids area Tuesday who would like to join the webinar (and save the fee), please let me know as I have already subscribed to the series and would welcome you to join me at Goldeneye HQ.

2)      Orion Magazine call on local investing with the author of Local Dollars, Local Sense Michael Shuman Thursday, March 22 @ 7pm.  Info on the call can be found here (thanks for the tip Maura!)

Thursday, March 8, 2012

ALAP Tonight! 6-9pm MLUI


This is just a reminder that our next ALAP investment group meeting is today, (Thursday, March 8) at MLUI headquarters (148 E Front St, Suite 301).   Potluck begins at 6pm with Scotty Bruce of MiFarmMarket.com our main presenter @ 7pm.  Before Scotty takes the stage, Dennis Bean-Larson will give us a “5 minute pitch” on an energy bar project he is working on.  Our final hour (8-9pm) will be reserved for group business, including a discussion of future speaker candidates.  Looking forward to seeing many of you tonight!

Friday, February 24, 2012

Tuesday, February 14, 2012

February 2012 ALAP Mtg Recap


February ALAP Meeting Recap

We are an informal group of Northern Michigan citizens seeking to have more local impact and connectedness with our money.  We gather once a month for a potluck and to meet local entrepreneurs and learn about their projects.  During our meetings, we also share ideas for how we might keep more of our money locally and invested for triple-bottom-line returns (financial, social, and environmental). This is an experiment of sorts with exciting offshoot possibilities, including the spawning of a more formal local investing club.  For now, though, those interested in pursuing local investments with other group members or presenting entrepreneurs may do so independently of this ALAP group.  Our meetings are open to any individual, although we request that you RSVP so that we can assure sufficient meeting space.

February 9 was the date for another inspiring and thought-provoking As Local As Possible (ALAP) meeting!  We gathered at Michigan Land Use Institute HQ (thank you MLUI!) with several newbies in attendance and potluck quality that was once again tip-top. 

Towards the end of our opening potluck hour, we heard five-minute talks from both Paul Murray and Andrea Maio.  Paul is heavily involved in the local raw foods movement and shared some ideas he is working on related to a housing concept that combines healthy living options with green design and construction (dubbed the LifeHouse Eco-Health Living System).  Paul also shared his green smoothies made from local ingredients he grows in his home year-round.  Andrea, a film-maker exploring new online media formats and crowd-funding platforms, shared her latest project titled Back to Your Senses.  Andrea successfully raised initial capital with crowd-funding platform Mobcaster.com to fund the first episode in her series which she describes as “an episodic video series about people who leave the safety of what they know for the sake of what they love…”  Cinematographer Jeff Morgan joined Andrea and gave our group a sneak peak of the first mini-episode which can also be viewed here.

After Paul and Andrea, we turned the floor over to our main speaker/entrepreneur for the evening, Mark Moseler.  Mark, introduced to ALAP by Andrea who is featuring him in her Back to Your Senses project noted above, is in the process of opening Northern Latitudes Distillery, a craft distillery in Lake Leelanau.  He hopes to be open by Memorial Day after three years of planning.  Mark’s business model calls for “hitting as many palates with local ingredients as possible” and will utilize a custom still from Christian Carl, one of Europe’s oldest still manufactures, that can produce any distilled spirit.  Mark enthusiastically communicated many of the ideas he hopes to deploy as his distillery opens for business and the positive impact he expects to bring to the Lake Leelanau community.  To date, Mark has raised money for the project from personal resources, friends, and family and expects to finalize his initial funding needs in the next few months.  For those interested in following up with Mark, he can be reached at 231-352-4895 or mark@nldistillery.com.

During our final hour, the group discussed the evening’s speakers and planned for our next meeting.  Ruth Smith of Selestial Soap was chosen as our next speaker, but a conflict in her schedule will push her back to our April meeting.  For March 8, Scotty Bruce of Ellsworth-based MiFarmMarket.com has agreed to present to us.  I heard his “pitch” at a Northern Michigan Angels meeting and expect that our group will enjoy hearing about his rapidly growing company.  MLUI generously offered their space again, so we will meet at 6pm for our potluck with Scotty scheduled to begin his presentation @ 7pm.  In the days ahead, I will circulate updated Entrepreneur/Speaker submission forms and an initial ALAP member roster so that we can continue to build our speaker pipeline.  

Thanks again for your continued interest and participation and I look forward to seeing you all again in March!

Zach

Friday, February 3, 2012

Reminder: Next ALAP Meeting February 9 @ MLUI

We are an informal group of Northern Michigan citizens seeking to have more local impact and connectedness with our money. We gather once a month for a potluck and to meet local entrepreneurs and learn about their projects. During our meetings, we also share ideas for how we might keep more of our money locally and invested for triple-bottom-line returns (financial, social, and environmental). This is an experiment of sorts with exciting offshoot possibilities, including the spawning of a more formal local investing club. For now, though, those interested in pursuing local investments with other group members or presenting entrepreneurs may do so independently of this ALAP group. Our meetings are open to any individual, although we request that you RSVP so that we can assure sufficient meeting space.



Hello all,

Just a reminder that our February ALAP meeting is just around the corner.  We will meet again at Michigan Land Use Institute headquarters with a potluck beginning from 6pm on Thursday, February 9.  Our main guest speaker, Mark Moseler, will speak from 7pm about his business, Northern Latitudes Distillery, which plans to open in Lake Leelanau this Spring.  We are also finalizing plans for one or two five minute “blast” announcements from local entrepreneurs for the last ten minutes of the six o-clock hour.  After Mark’s talk and Q&A, we will spend the 8-9pm hour discussing group business with a focus on planning for future speakers.

Looking forward to seeing you all next Thursday.  Have a great weekend!

Zach

Friday, January 13, 2012

January ALAP Meeting Recap


We are an informal group of Northern Michigan citizens seeking to have more local impact and connectedness with our money. We gather once a month for a potluck and to meet local entrepreneurs and learn about their projects. During our meetings, we also share ideas for how we might keep more of our money locally and invested for triple-bottom-line returns (financial, social, and environmental). This is an experiment of sorts with exciting offshoot possibilities, including the spawning of a more formal local investing club. For now, though, those interested in pursuing local investments with other group members or presenting entrepreneurs may do so independently of this ALAP group. Our meetings are open to any individual, although we request that you RSVP so that we can assure sufficient meeting space.

Thursday, January 12 ALAP Recap

Thanks to all who attended last night’s As Local As Possible Investment Discussion Group meeting and a special thanks to our invited guest speaker, Steve Smiley of Heron Wind.  After another delicious potluck, we gave the floor to Steve who introduced us to his wind turbine manufacturing and wind project development company, Heron Wind.  Steve then discussed a Solon Township wind project, now in the development phase.  The proposed project has a budget of roughly $7m and would consist of 4 Heron Wind-provided commercial wind turbines with a peak capacity of 3MW (about enough to power 1,000 homes).  A variety of investment opportunities are likely to emerge with this project including higher risk funds to complete the development stage (expected to be in the $50k-$100k ballpark).  This phase entails securing all necessary permits and the all-important power purchase agreement with a utility company.  Future investment structures to facilitate construction and installation of the wind project depend on investor preferences, available tax benefits,  and funding options from traditional lenders.  Steve emphasized that community support remains a key success factor for projects like this given reduced regional utility appetite for wind projects, and he was excited to present to a group of new faces.  Steve keeps an office at the Commons in TC and is a wealth of knowledge in the energy economics and renewable energy spaces.  For those with an interest in learning more about Heron Wind and possible investment opportunities with regional wind projects, please contact Steve directly (smiley@heronwindmfg.com).

Other news announced during our meeting included:

*Maura relaunched her Sustainable Living Traverse City website.  Check it out @ http://SustainableLivingTC.com

*Zach will be participating in a Farm and Food Investment Work Group Breakout at the Farm Route to Prosperity Summit on Feb 17 @ MLUI (http://foodandfarmingnetwork.org).  Those with an interest in possibly attending the session, please let Zach know (zach@gldneye.com). 

*Barb said to keep an eye out for February’s Edible Grande Traverse which will feature a mention of ALAP.  Thanks Barb!

*Bruce announced a successful “match” after his presentation made at our January meeting.  Interest on the 1-Year note will be made 100% in Bay Bucks!

February Meeting:
MLUI has graciously offered us their space once again for our February 9 meeting which will begin with a potluck at 6pm.  Speaker TBA.  For those who have potential speakers in mind, please send them along the presenter submission form (if you need a copy email me at zach@gldneye.com).  It was nice to see everyone last night and for those who couldn’t make it due to the snow we look forward to seeing you next month!

Have a wonderful winter weekend,

Zach


Tuesday, January 10, 2012

Reminder: January ALAP Meeting This Thursday @ MLUI

We are an informal group of Northern Michigan citizens seeking to have more local impact and connectedness with our money.  We gather once a month for a potluck and to meet local entrepreneurs and learn about their projects.  During our meetings, we also share ideas for how we might keep more of our money locally and invested for triple-bottom-line returns (financial, social, and environmental). This is an experiment of sorts with exciting offshoot possibilities, including the spawning of a more formal local investing club.  For now, though, those interested in pursuing local investments with other group members or presenting entrepreneurs may do so independently of this ALAP group.  Our meetings are open to any individual, although we request that you RSVP so that we can assure sufficient meeting space.



Hello fellow ALAPers,

Just a reminder that our next As Local As  Possible Investing Discussion Group meeting begins with a 6pm potluck this Thursday, January 12 @ Michigan Land Use Institute headquarters (148 E Front St, Suite 301).  Our invited speaker/entrepreneur is Steven Smiley, President and CEO of Heron Wind Manufacturing.  The format will be potluck from 6-7pm followed by 5 minutes for any “speed pitches” and then a 55 minute slot for Steven’s discussion/Q&A.  The 8-9pm hour will be available for any group business including a discussion of future entrepreneur/speaker possibilities.

Looking forward to seeing you all Thursday!