Welcome
The Modular Company is a fairly loose collection of individuals and possibly other corporations that collaborate on a variety of projects. Projects are usually commercial, initially the accent will be on 'online' businesses.
When compared with more traditional corporate models the MC has a number of advantages:
- Normally when a number of individuals decides that they want to collaborate on a project they will each lay out an initial sum of money that they use to buy shares with, and they make an agreement on who will do what. This nails down the various relationships right from day one, whereas in practice it is often desireable to keep the relationship fluid to be able to accommodate changes in circumstances or plans.
- If there is a conflict in a traditional corporation it usually ends in front of a judge, in a modular company any change of a stakeholdership is usually limited in scope so a conflict will be easier to resolve in an amicable way.
- Traditional corporate structures have formal governance rules, a MC will have a more merits based and democratic leadership.
In simpler words, a Modular Company is a way to work together with other people with built in safeguards that are designed to minimize the risk of infighting.
Why take part in a MC?
A Modular Company project allows you to contribute risk free to a collaborative effort with a minimum of responsibility and a maximum reward potential. Basically the only thing at risk is your reputation within the Modular Company. You don't need to cancel your day job, mortgage your house or sell your kids.
Earn a living
Most career related decisions in life are a balance between risk and opportunity, and the Modular Company is no exception to this. To reduce the entry barrier we have spent a lot of time concentrating on how to make it easy to make the step from being employed to being self employed without any 'critical' decision points. This absence of make-or-break decisions make it possible to start piecemeal on contributing to MCP's and slowly wean yourself from a paycheck or other source of income. If at some future point in time you find yourself the recipient of recurring income from MCP's you can always decide that you've seen enough of your boss.
An example, naturally, TMC is itself a Modular Company.