Friday, July 16, 2010

the 3/50 project



Even if you live in a big city, everyone has their own little community or neighborhood and if you're like me and live in rural America, that community can stretch for counties.  The 3/50 Project is an initiative to preserve and support locally owned businesses, who are oftentimes the backbone of these communities.

From the 3/50 website: [The 3/50 Project was] created to build loyalty and increased revenue for independent, locally owned businesses. The 3/50 project relies on a simple message: “Pick 3. Spend $50. Save your local economy.”


Here's how it works...
• Pick three locally owned businesses youʼd hate to see disappear, then return to them.
• Spend $50 per month in locally owned businesses. If half the employed U.S. population did so, it would generate more than $42.6 billion in revenue.
• For every $100 spent in locally owned businesses, $68 returns to the local community. When spent in a big box, chain, or franchise, $43 remains. Purchases made online return nothing.

The Project isn't an all or nothing endeavor.  We all love Best Buy, Starbucks and Target.  The Project's goal is one of balance and consideration.  It asks you to think about where and how you're spending your money.


Please join me in supporting local business.  We all spend money... make your dollar count.

7 comments:

  1. Love this idea. I am starting my own business come this September. While I am excited, I am very scared. Making people aware of their spending habits will benefit us all. Thanks.

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  2. The Project's goal is one of balance and consideration.

    Very well said, I applaud you and that sentiment.

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  3. I love this idea! I am a big fan of supporting the locals.

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  4. This is an AWESOME idea. I like this approach so much. I can remember shopping at my hometown's local little hardware store with my father when I was little. It was a cool little place where you could buy a bag of nails or bring in your vacuum cleaner for repair. It remained as a landmark shop in our small community (I have since moved away and have been gone for many years) holding it's own against the giant hardware chains. It closed a few years ago...it was an end of an era, really.

    Super neat post. Thanks for this.

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  5. Thanks for the heads-up on this. It is a great idea and one most of us can execute. I hope the day treats you well. Blessings...Mary

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  6. Godd for you for putting this post up! I am a big 3/50 supporter too. Did you know founder Cinda Baxter is from Minneapolis, Mn? (I live in northern MN). This I will put his on my blog too.:)

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  7. Love this! Thanks for sharing! I've never heard of it before and on a side note, I love the header on their site!
    Kristin

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Random love is always welcomed...