Family Based Capitalization (FBC)-Healthy Families Wealthy Nation!

Family is the most primitive and long lasting institutions of human history. As an institution, family is contributing maximum benefit to the society, which is commonly remaining unrecognized and uncounted. An organizational tie within a family is highly defined and explicit than any other forms of organization. Family is the fundamental unit of our social construct. Irrespective of all other difference, we all belong to a common identity i.e. family identity. Family is the miniature of our society; even it is a prototype of a country in terms of its functionalities. Family bondage is a unique and irreversible relationship based on the ethical obligation. Family is the first place to learn for individuals and learning of basic life skill grows from family and mindset are shaped by family cultures which have everlasting and enormous effects on the rest of the life. Culture of a society mostly depends on families' culture of that society because individual characteristics of a person are predominantly influenced and shaped by family environments.

Family Based Capitalization (FBC) is a (proposed) program for restoring family as a changing agent towards an entrepreneurial society through promoting #Familipreneurship. Familipreneurship is an interactive and evolvingtool, which capacitates a family to utilize their individual and collective scattered capitals (Financial capital, Human capital, Physical capital, Social capital, Knowledge capital, Cultural capital, Intangible capital, and natural capital) as performing capitals to optimize wealth. Internal relationships (bonding), relations with other communities (bridging) and relations with their natural and institutional environment (linkage) are the largest social capital of mankind which remains mostly unused, even undetected. Familipreneurship unfolds the opportunities to utilize social capitals through the matrix relationships of individuals and family with society, nation, and the world. Utilization of social capitals accelerate the process of wealth optimization through maximizing performing capitals by accumulating scattered, unused and undetected resources and pave the ways for shaping the future towards an entrepreneurial planet.

FBC proposes family as a level of intervention and analysis for socio-economic development which is the most effective way of desired and sustainable change towards an inclusive society to establish a virtually boundary less/borderless entrepreneurial world to ensure the evolution of an equitable and just human civilization.

Vision of FBC

• Wealth maximization for equitable and healthy society.

• Ø Restoration of inherited but shrink tradition and indigenous knowledge, culture and practices.
• Ø Establishing social norms and values through enriching Family values.
• Ø Multidimensional role of family as a social catalyst to remove all sorts of discrimination and injustice.
• Ø Institutionalization of social educational system (Familipreneurship Education) through family and Community.
• Ø Promoting entrepreneurial culture
• Ø Converting family into Enterprise by counting its in-house non-monetary activities in GDP
• Ø Making scattered/unused/undetected resources into performing Capitals
• Ø Integrating work and family
• Ø Family reunion
• Ø Optimum utilization of social capital
• Ø Reduced reliance on Finance capital

Mission of FBC:

Enabling us to:

• DEVELOP entrepreneurial skills;
• UNDERSTAND the process of starting new ventures;
• CREATE, identify and evaluate new venture opportunities;
• TRANSFORM opportunity into success;
• OPTIMIZE strength to overcome threats & weakness;
• INTERPRET circumstances and quantify the value proposition;
• NAVIGATE the alternative resources option;
• USE social capital;
• ENHANCE and expand linkage & networks;
• INCREASE applied knowledge in solving personal and social problems;
• OBTAIN basic banking knowledge & funding options for credit/advance procedures;
• GAIN financial and professional support;
• CALCULATE credit worthiness before applying for funding;
• PREPARE an action plan with time frame;
• ASSESS the needs of resources for success;
• START to transform dreams/ideas into earning ventures.

Why Family Based Capitalization (FBC)?

Family Based Capitalization (FBC) for Economic Development and Employment Generation through Promoting #FAMILIPRENEURSHIP to maximize wealth and optimize performing capital BY

• INCREASING social capital by promoting/using/developing Familiness
• EXPLORING potentialities of individuals
• VALUING human, knowledge and social capital
• OPTIMIZING use of human, knowledge, social, natural capital
• MINIMIZING the roles/needs of finance capital
• ORGANIZING scattered resources into performing asset and capital
• UTILIZING financial opportunities
• FACILITATING Family Edutainment

TO Promote GREEN & sustainable Family Enterprise FOR

• RESTORING inherited but shrink tradition and indigenous knowledge, culture, practices and values
• INSTITUTIONALIZING social educational and learning system through family based Edutainment.
• CREATING employment opportunities within the family and/or community to reduce internal labor migration.
• IMPROVING accessibility, reliability, function ability, transparency and structural improvement of our social systems.
• ESTABLISHING multidimensional role of family as a social catalyst to remove all sorts of discrimination and injustice towards an inclusive society with valuing diversity.

This will enable and capable us to:

• DEVELOP entrepreneurial skills;
• UNDERSTAND the process of starting new ventures;
• CREATE, identify, and evaluate new venture opportunities;
• TRANSFORM opportunity into success;
• OPTIMIZE strength to overcome threats & weakness;
• INTERPRET circumstances and quantify the value proposition;
• NAVIGATE the alternative resources option;
• USE social capital;
• ENHANCE and expand linkage & networks;
• INCREASE applied knowledge in solving personal and social problems;
• OBTAIN basic banking knowledge & funding options for credit/advance procedures;
• GAIN financial and professional support;
• CALCULATE credit worthiness before applying for funding;
• PREPARE an action plan with time frame;
• ASSESS the needs of resources for success;
• START to transform dreams/ideas into earning ventures;

DO WHAT YOU ENJOY!

“The family is the natural and fundamental group unit of society and is entitled to protection by society and the State.”

— Article 16(3) of the Universal Declaration of Human Rights