Start A Timebank
One of our core puproses is to help individuals, organizations and communities establish and run TimeBanks.
7 Steps to Creating your TimeBank
- Get together Collaborators
- Decide on boundaries/definition
- Hold information and visioning meetings
- Partner organizations
- Community centers
- Block Clubs
- Form a core team (sometimes called a Kitchen Cabinet)
- Make decisions together
- Do you want a 501(c)3 or fiscal sponsor?
- Do you want to charge membership fees?
- What will your name be?
- How will you address problems in the future?
- How will you onboard new members?
- How will you communicate with members?
- Start recruiting members
- Hold more informational events
- Social events
- Put the word out through the local press, social media, and e-mail newsletters
- Exchange and build community
MI Alliance of TimeBanks can provide resources, training, and support for all of these steps.
Fill out this form below and we’ll connect about starting a timebank where you live!
Redefining Work – Some work is beyond price
Ten Tips for TimeBank Success
- Bring members together at regular social events. Food is a great way to boost attendance!
- Encourage members to help with the administration and decision-making roles of the TimeBank. This gives the Exchange energy, makes local connections, and shares valuable knowledge.
- An effective paid TimeBank Coordinator is a key factor in ensuring the successful growth of a TimeBank.
- Be creative! TimeBanks thrive through exchanges that join together needs and strengths of people, organizations, businesses and agencies in ways where everyone wins. Group projects and celebrations will bring a special energy to your TimeBank.
- Maintain a limited geographic area. This makes it easier to bring members together and exchange services.
- Encourage members to request services. The tradition of relying on each other has been lost in many communities, and people find it hard to ask. Try this: Give an award monthly for the member with a positive balance who has spent the most.
- Provide opportunities for members to contribute as soon after they join as possible. Be sure that new members who offer help are called on within the week – this is VERY important!
- Make user-friendly forms and materials
- TimeBanks thrive when members can dream together of group projects that strengthen the community and bring support for the TimeBank.
- Make plans for sustainability from the outset. Member support – through contributions of time, energy, or dues – is key for success.