If you haven’t watched Locavesting founder Amy Cortese’s 2012 TEDxMaui talk, you might want to check it out. Amy is a longtime and award-winning journalist, book author, public speaker, and all-around very cool person, these days mostly focused on the topics of crowdfunding and community.
In 2011, she published Locavesting: The Revolution In Local Investing And How To Profit From It, which chronicles the local investing movement and explains how even small investment shifts away from multinational companies and toward locally-owned enterprises could reap enormous economic and social benefits for individuals, their communities, and the country.
Oh, and at around the five-minute mark of her TED talk, Amy tells the story of “the cops in Clare, Michigan that saved their town’s 111-year-old bakery—and revitalized their downtown in the process.” I’ll let her deliver most of the rich details, but can’t help letting you know that these guys renamed the place “Cops & Doughnuts” and started selling “Don’t Glaze Me, Bro!” t-shirts!
All of the above made me feel honored to write a story for the Locavesting website recently, about how Los Angeles Mayor Eric Garcetti is partnering with national nonprofits like ioby and local orgs like the Ride On! Bike Coop to plan and fabricate L.A.’s next generation of more human-friendly city streets, using a fiscally-viable, community-led process. It’s inspiring stuff!
I invite you to read up, watch at your leisure, and invest locally. See you at the doughnut shop!