Trend of the Day: Cash mobs

Cash mobs encourage people to go into small, local businesses and spend their money, en masse, to give the business owner a little bit of economic stimulus. We’d help businesses grow, we’d make people happy, we’d get stuff for ourselves, have a great time, and maybe we’d get a drink to celebrate afterward.

FAQs

What are Cash Mobs?
The general idea is to encourage people to go into small, local businesses and spend their money, en masse, to give the business owner a little bit of economic stimulus. We’d help businesses grow, we’d make people happy, we’d get stuff for ourselves, have a great time, and maybe we’d get a drink to celebrate afterward.

Who Started Cash Mobs?
Andrew Samtoy, an attorney at Dworken & Bernstein and member of the Bridge Builders Class of 2012 in Cleveland, OH, organized our first “Cash Mob” on November 16, 2011.  Although at the time we thought the name was original (and some in the media gave us credit for it), we later learned that the first gathering called a “Cash Mob” appears to have been held in Buffalo, NY, on August 5, 2011, and was organized by blogger, Christopher Smith.

Since then, Cash Mobs have been sprouting up all across the U.S., Canada, and around the world.  While organized by many different groups of people, all appear to have the same goal in mind: to support local businesses that they love!

Who Is/Are Cash Mobs?
“Cash Mobs” isn’t a political or social organization, a corporation, a movement, or meant to be an answer to economic crisis. By and large, those that organize Cash Mobs are simply people trying to make a positive impact on the businesses in their communities (and have fun while doing it)!

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