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Top 10 Priorities
Progress Update below each priority
Priority #1: Complete Incorporation/Bank Account and communicate to Members
Owner: Charles Buffett/Jo Galati
Milestones:
Incorporation – 13.3.10
Bank Account – 31.3.10
Communicatiom – weekly update
Update: This has taken much longer than we originally anticipated and I know members have been very curious to know the latest info. The XL Nation directors have now completed their due diligence and have now all agreed to be directors for XL Nation. The incorporation documents are traversing the globe (literally) from country to country for the 3 directors to sign and will then be sent to Singapore to be finally forwarded to the new company secretary based in Hong Kong – which is the country members voted they wanted XLN to be incorporated in. We believe the process of signing and posting could take 3 weeks and then we may have to wait an additional 6 weeks for the application to be totally processed in Hong Kong.
Until XLN is incorporated we cant open a bank account – we are currently using a paypal account and use this for all member payments to XLN and supplier payments from XLN.
Priority #2: Budget in place/Accounting System
Owner: Michelle Clarke
Milestone:
Budget and P&L – 7.12.09
First view Accounts and cash flow – 30.11.09 - weekly
Update: A budget and P&L has been put in place. This allows for the growth of XLN to 500 new Citizens in 2010. The estimate for January was 10 new Citizens, this has already been doubled and we have 2 weeks left in Jan. XLN basic running costs are currently less than SGD$2150 per month (covers admin, email and database management, weekly members updates, use of u stream technology, secretary in HK and paypal charges) We need to aim for a min of 10 new members to cover basic costs. Once we hit 20 new members per month + we can look to implement the systems we have been talking about all year.
We are cash flow positive and up to date with payments due.
Ilyas Patel accountants in the UK are currently setting up the basic accounting and bookkeeping service for XLN.
Priority #3: XLRF/XLN Agreement/communication
Owner: Roger Hamilton/Jo Galati
Milestone:
Agreement signed by Directors 13.3.10
Communication update – specific comms to FM’s and Citizens
Update: This agreement has been written and ‘agreed’ by XLRF and the XLN Directors but can only be signed and put in place once XLN is incorporated. A copy of the agreement will be made available on XLW in the coming weeks
Priority #4: Confirm Team and Monthly Routine
Owner: Michelle Clarke
Milestone: Mid Dec
Update: we currently have a team made up of 12 volunteers and one paid admin assistant. Each volunteering between 2 and 10 hours a month.
We currently require to join the team:
Admin assistant (paid role)
A global Board of Advisors to XL Nation
Head of Finance
Head of Systems
Chair of the Senate
Chair of the Forum
If you are interested in any of these opportunities to contribute and make a real difference to XLN, please contact me.
Priority #5: Take advantage of flow to create momentum and new leaders
Owner: Rustica Lamb
Milestone: Events throughout 2010 – 30/31st Jan in Australia
Update: the event that was held in Australia this week, which Roger was attending, culminated in 20 new members once Roger explained the vision of XL Nation. Roger has volunteered that he will talk about XL Nation at every event he runs wherever he is in the world to support the local circles.
Topher Morrisson has also offered to do the same, as has Mike Handcock.
If you would like to include XL Nation information in your speaking engagements or training events, please contact Rustica lamb for more information on how to do this. rustica@propertyeducationcentre.co.nz
Priority #6: Values Questionnaire
Owner: Bea Benkova
Milestone; Start communications Feb
Update: Bea has been researching a tool that has been very kindly offered to us gratis by XL FM and consultant Helen Urwin. This questionnaire will help us to understand much more about the culture that our members want to create in XLN and what structures will be required to do this. Bea will be sending an update on next week’s members update.
Priority #7: Raise Funds/Sponsorship
Owner: Martin Jimmink
Milestone:
First round funding basic monthly needs – 24.12.09
Update: As we are now cash flow positive, this has become less of an immediate priority. We had a small number of extremely generous sponsors who have supported us financially through set up and I would like to particularly thank Roger who has personally paid for the majority of activity in 2009 to date.
Rustica is investigating the possibility of funding for XL National Day in Bali in March and if anyone has any information that can support her, please let her know. rustica@propertyeducationcentre.co.nz
Priority #8: Support Leaders with new tools – eg) active8’s
Owner: Roger Hamilton
Milestone: Beg Feb for first set of tools and communications
Update: Roger is recording much of the content in his upcoming programmes at the end of January which he will edit for the Circle Leaders to use at their circle meetings. These recordings will help provide learning content and a way to structure your meetings to help deliver even more value. There will be a series available by mid 2010. The first recording will be available in XLW mid Feb.
Priority #9: Review Findings from Values Q for Comms and implementation
Owner: Bea Benkova
Milestone: March
Update: findings will be presented at XL National day for discussion and input from members
Priority #10: Global Resources – Effective PIXL’s system
Owner: Katrina McGilchrist
Milestone: Late Feb
Update: Katrina will be working with a systems expert on this project. Her aim is to make the current Pixl’s system clear and easy to understand so that as a circle meets and delivers value it can quickly and easily upload and share its resources globally and all the content can be tagged and easily found.
The system will be presented on National Day.
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