fromTeal

How does it work

Transcript

1. Meet Paul - a successful manager in a big tech company
2. Paul's real passion is actually baking - he perfected his Sourdough bread & that's what he really loves doing
3. However, Paul has a family that he’s providing for, so he can't just quit his work as a manager to follow his dream
4. Store fromTeal An app for helping people follow their dreams. More.. Get He hears about fromTeal & decides to try it out
5. fromTeal What would you love to work on? Submit The 1st thing the app asks him is what would he really love to work on & he answers: “bake the perfect bread” bake the perfect bread
6. fromTeal What would you love to work on? The app then shows him several existing teams, made of people who share the same purpose - baking amazing bread bake the perfect bread 13 matching teams found: The baking company Ask to join Make people happier using fresh home-made bread 2 members 5 customers $0.1K/month revenue Bread & butter Ask to join Deliver the perfect bread to turn every breakfast to wow. 11 members 118 customers $3.5K/month revenue
7. fromTeal What would you love to work on? Paul likes one of these team - a small team composed of just 2 members - Carlos & AnnMarie. bake bread 13 matching teams found: Bread & butter Ask to join Deliver the perfect bread to turn every breakfast to wow. 11 members 118 customers $3.5K/month revenue The baking company Ask to join Make people happier using fresh home-made bread 2 members 5 customers $0.1K/month revenue x
8. Paul asks to join their team & they accept The baking company Thanks :) Welcome to the team, Paul! Show Suggest Invite
9. The team is not a registered company, & the members don't work on it full-time, but they're trying to build a profitable business. The baking company Thanks :) Welcome to the team, Paul! Show Suggest Invite
10. The team is not a registered company, & the members don't work on it full-time, but they're trying to build a profitable business. Carlos built a website for selling bread The baking company Thanks :) Welcome to the team, Paul! Show Suggest Invite
11. The team is not a registered company, & the members don't work on it full-time, but they're trying to build a profitable business. Carlos built a website for selling bread AnnMarie started an ads campaign The baking company Thanks :) Welcome to the team, Paul! Show Suggest Invite
12. The team asks Paul to add his perfected Sourdough bread & his location to their website, so they can receive orders for it The baking company 
 Looks awesome!!! Show Suggest Invite Paul, can you please add your sourdough to the product list? Today Sure, let me try to do it now @pbeurre completed task#47 suggest task trello#47 accept task trello#47 complete task trello#47 thank @pbeurre
13. Not long after, an order comes in for Paul’s bread. The baking company 
 Order placed for Sourdough 8 Show Suggest Invite Today received order order#47 W
14. He buys the ingredients, bakes the bread & delivers it to the customer. 
 Boom!! $3.69: Ingredients @pbeurre completed task#62 report expense expense#39 complete task trello#62 thank @pbeurre The baking company 
 Order for Sourdough 8 was delivered to customer Show Suggest Invite deliver order order#14 W @pbeurre started task#62: bake Sourdough 8 for order#62 start task trello#62
15. He buys the ingredients, bakes the bread & delivers it to the customer. 
 Boom!! $3.69: Ingredients @pbeurre completed task#62 report expense expense#39 complete task trello#62 thank @pbeurre The baking company 
 Order for Sourdough 8 was delivered to customer Show Suggest Invite deliver order order#14 W The app is updated with the contributions of Paul (buying ingredients & working on the bread) @pbeurre started task#62: bake Sourdough 8 for order#62 start task trello#62
16. By integrating with 3rd party services (GitHub, Trello, Insightly &c), fromTeal keeps tap of the members’ work & contributions. Based on the contributions, it grants members equity-tokens, representing their share in the organization. 
 Boom!! $3.69: Ingredients @pbeurre completed task#62 report expense expense#39 complete task trello#62 thank @pbeurre The baking company 
 Order for Sourdough 8 was delivered to customer Show Suggest Invite deliver order order#14 W @pbeurre started task#62: bake Sourdough 8 for order#62 start task trello#62
17. By integrating with 3rd party services (GitHub, Trello, Insightly &c), fromTeal keeps tap of the members’ work & contributions. Based on the contributions, it grants members equity-tokens, representing their share in the organization. Carlos holds 67 equity tokens, for building the web site. 
 Boom!! $3.69: Ingredients @pbeurre completed task#62 report expense expense#39 complete task trello#62 thank @pbeurre The baking company 
 Order for Sourdough 8 was delivered to customer Show Suggest Invite deliver order order#14 W @pbeurre started task#62: bake Sourdough 8 for order#62 start task trello#62
18. By integrating with 3rd party services (GitHub, Trello, Insightly &c), fromTeal keeps tap of the members’ work & contributions. Based on the contributions, it grants members equity-tokens, representing their share in the organization. Carlos holds 67 equity tokens, for building the web site. AnnMarie holds 34 equity tokens for building the ads campaign. 
 Boom!! $3.69: Ingredients @pbeurre completed task#62 report expense expense#39 complete task trello#62 thank @pbeurre The baking company 
 Order for Sourdough 8 was delivered to customer Show Suggest Invite deliver order order#14 W @pbeurre started task#62: bake Sourdough 8 for order#62 start task trello#62
19. By integrating with 3rd party services (GitHub, Trello, Insightly &c), fromTeal keeps tap of the members’ work & contributions. Based on the contributions, it grants members equity-tokens, representing their share in the organization. Carlos holds 67 equity tokens, for building the web site. AnnMarie holds 34 equity tokens for building the ads campaign. Paul holds 3 equity tokens for the work & costs of the bread. 
 Boom!! $3.69: Ingredients @pbeurre completed task#62 report expense expense#39 complete task trello#62 thank @pbeurre The baking company 
 Order for Sourdough 8 was delivered to customer Show Suggest Invite deliver order order#14 W @pbeurre started task#62: bake Sourdough 8 for order#62 start task trello#62
20. So, upon receiving revenue, the app manages the team’s cashflow - whom to reimburse for expenses, & how to split the profits based on the equity distribution. The baking company Show Suggest Invite $3.69 to: @pbeurre reimburse expenses: Received $24 for order#47 W report revenue revenue#11 current equity distribution $13.00 to: @carloscole
 $6.60 to: @annmarie33 $0.60 to: @pbeurre transfer profits:
21. The app also helps the team recruit more members. This way they spread to more locations, have more resources & knowledge, & increase their profits. The baking company Show Suggest Invite Today Hi, my name is Rob from Knoxville, TN. I bake everyday, & would love to join your team! member @rob_pax applied Guys, what do you think? discuss member @rob_pax Approve Decline Advise member @rob_pax discussed 1 2 3 5 votes 1 votes 2 advices
22. But after some time, a conflict arises between 2 members of the team. Since the team is self-managed, there’s no manager to turn to. Luckily, the app offers tools for conflict resolution, so the members work out the issue.
23. The nice thing about self-managed teams, where everyone are owners, is that everyone really care for each customer. Since they’re also passionate about their work, such teams are very effective & successful.
24. So, after about a year, Paul is making enough money that he quits his day-job to work full time on his real passion.
25. Paul now works on what he loves, loves his work & makes a living out of it.