DESCRIPTION

BIG is for those of the Black/Melanated who are ready to take action NOW to build an industrial base for themselves, their family, and their people by investing in, & profiting from, MEMBER-SELECTED Black-business startups and/or expansions.

If, at this stage of our racial existence, you're not tired of constant dialogue--discussion about what we should do rather than us taking action on what we will do--then please move on; you're not ready for this yet. But, if you are ready to leave the TALKING arena and join the ACTION arena to finally GET THINGS DONE regarding industrializing and economically empowering the Black/Melanated, COME ON IN...you're at home here! Racism is no longer our major obstacle...Black apathy is...as is Black disunity and disorganization.

The purpose of this page is to gather a base of supporters interested in promoting the BIG concept to our people so that it may eventually be formally established and launched into full operation.

In a nutshell, BIG (BlackInvestGroup.net) will be a forum whereby its members can vote (via ranked-choice voting) on the best Black business startups/expansions to capitalize that are of particular categories (such as Housing, Health Care, Education, etc.). The business selected (winning the vote) at the time will be the only one eligible for funding at that time--to expedite it's full capitalization. When that one is funded, the next selected business of the next category in line will be up for funding, then the next, etc., etc. Funded businesses then pay back a percentage (probably 5%) of their profits in perpetuity to BIG, from which investors receive dividends in proportion to their investment amounts. However, on top of being funded, the businesses will also garner heavy exposure from the BIG site/app as well. Founding Partners would receive their privileged perks, such as a share of the sponsorship advertising revenue.

BIG will be a more sure way to invest regarding profit potential--because all members collectively select the best businesses to capitalize. It would be greatly beneficial to our people--helping to form a network of Black industrial entities. Also, it would be a simple process: Just enter the amount and click the button to invest in any available businesses. All in all, these attributes combine to make the process one other thing...FUN! When you have a better chance of backing a winner and you help your people rise in the process while participating in a simple process to put your money, it becomes just a plain-fun process to participate it. Not to mention the great deal of satisfaction you get from having a legacy (perpetual dividends) you can pass on to your heirs.

More details are below (and in the above video)--but, since many people don't like to read excessively, I'll allow you to reference the above to decide if you would like to be part of this organization if founded.

If BIG is indeed your cup of tea, complete the form HERE. This could be used to help find partners/investors to launch this project.

Thanks,
Keith
Blackindustry@yahoo.com
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Basic Principles of BlackInvestGroup.net...

...an organization that would allow our people to invest affordable amounts to start Black businesses that would pay investors back a percentage of the profits made in perpetuity. We'd begin with businesses only in the U.S. and then expand globally when convenient. However, members could be global as long as they can manage financial transactions.

Besides a Chief Partner, initial personnel needed to establish the BIG organization and/or, eventually, to run it would be: 1) a Business Consultant (temporarily needed to help with establishing it as a legal entity and to help compose its charter), 2) a Finance Manager (to serve as manager of the investment fund--mostly ensuring all funds granted to business owners are spent legitimately), 3) Administrative Assistant (to handle the paperwork and customer service, and, later, ad sales), and 4) a Web/App Developer/Programmer (to manage the organization's site/app).

Regarding the above, one or some, of the members knowledgeable in business-formation matters could help with establishing BIG as a legal entity (probably as a partnership--see below) and with composing its charter. The other personnel 2-4 would have to be permanent.

The only real question is: How will compensation be managed for the personnel? We'd need partners to put up the initial capital. Plus there's the option of also charging the initial members a small membership fee--that would be promised back to them, with interest. Thus, if 4 Founding Partners could be found to invest, say, $2,500 each, and, maybe 400 investor-members (General Partners--see below) could be found to contribute  $25 each, that yields $20,000 in capital to get the ball rolling.

If/When BIG grows to adequate size, its site/app could sell advertising space, using most of that money to fund the full-time staff, with a portion going to the Founding Partners. This way, no membership fees would have to be charged to members. However, until that time, it may take more start-up contributions from members to fund the essential personnel.

Continue reading below to see if you want to help form the BIG organization. But, whatever the case, I invite all brothas/sistas everywhere to nominate, and/or introduce their own, enterprises they want to receive BIG funding. See "PROPOSED ENTERPRISES" below. Contact me if you want to be one of the FUTURE MEMBERS, FUTURE ENTREPRENEURS, and/or STARTUP PERSONNEL--supplying your services to help BIG get started. The quantities of such respondents will be listed at the bottom of this page.

And, remember, without risk, there is no gain. But BIG would allow you the opportunity to prosper--and advance the Black/Melanated populace--with risks of insignificant amounts.

BIG MISSION:

To accord the Black/Melanated populace of Earth the opportunity to pool their economic resources in order to allow individuals of said populace to affordably invest in the establishment of potentially lucrative Black-controlled businesses/enterprises showing great capability to grant said investors perpetual lifetime income and the capability of contributing to potentially helping the Black/Melanated populace gain the socioeconomic autonomy necessary to plot and control its own future.

THE INVESTMENT PROCESS:

All members of BIG will be encouraged to search the Internet and/or any other sources to find enterprise ideas they feel would be the most lucratively promising--and that the members can afford to invest in as individuals. For example: 300 members can each conceivably afford around $34/$35 to fund a $10,000 start-up...maybe funding an entrepreneur who has great ice cream recipes but needs equipment & supplies to make,  pack, and store the various flavors. However, later, as more members join, larger enterprises could be affordably funded--say, 10,000 members each investing $25 to fund a printing firm capable of printing books/magazines.

The members themselves could submit any project ideas they've conceived. Also considered would be Black entrepreneurs with good projects who are seeking investors.

Members could also vote on business locations. For example: If they vote, and the business they choose is a store selling Black-made products and the owner (Chief Partner) offers a choice of locations, they could then vote on where they would like that store established. Or the investments could be something as simple and inexpensive as vending machines set in lucrative locales.

Members will then use ranked-choice voting to select their top choices in order of preference. The quantity of choices will be determined by the quantity of enterprises available, with a minimum limit being set. Thus, if there are 25 enterprise candidates, maybe a minimum limit of 5 would be set, whereby the member would have to rank at least 5 of his/her top choices in order of preference.

The enterprise with the highest ranking will be selected...and only one such project will be funded at a time to expedite the time it takes to fully capitalize the operation. After it's fully funded, the next project would be voted on and funded, then the next, and so on, and so on.

All investments would be held in a fund until the full amount is acquired. The Fund Manager would then instruct the entrepreneur to have the companies/organizations supplying his/her business goods/services bill BIG for said goods/services needed for the business startup and/or operations. This ensures all funding is spent only for approved purposes--as dictated by the entrepreneur's Application for Funding.

Entrepreneurs wishing to sell or transfer power of their businesses would have to agree that the future controller would have to abide by BIG dividend rules and that, if the business is put up for sale, BIG members would have to have first opportunity to purchase it (or "buy out the partnership share) and/or find a new owner (Chief Partner) for it...keeping the enterprise in Black hands.

BENEFITS OF MEMBERSHIP:

FREE MEMBERSHIP. As said, if/when BIG gains enough popularity, ad sales would fund personnel salaries. BIG membership would then be free for all members--whether investing or receiving funding. Members would only have to provide their own funds to make investments.

CHOICE. Members will be allowed to skip any projects they individually dislike and/or cannot afford to invest in.

PERPETUAL DIVIDENDS. In exchange for receiving funding, the entrepreneurs will pay, in perpetuity, to BIG's monetary pot, a dividend of 5% of all profits made by their enterprise--to be split among the investing members in proportion to their individual investments. For example: An enterprise entity accepted $100,000 in investments from BIG for start-up and has made $10,000 in profits this month = $500 in dividends paid to BIG. A particular member has invested $100 to start said enterprise. Thus, said member would receive a 50¢ dividend that month--or ($100 ÷ $100,000) X $500. So, if this trend continues, that equals $6 a year for that investor. Granted...that may seem "low," but, understand, businesses are designed to GROW. And, should that business, say, quintuple in profits in the future, that's $30/yr in dividends...passive income...with the investing member never having to work for it...never again having to invest in it. Plus, as inflation grows, so will the value of the invested dollar and its resulting dividends be maintained.

The downside of this could arise if the entrepreneur wants extra BIG capital to expand. The dividend ratio would be lower for those investors not increasing their investment amounts because of the additional investors taking their share. However, the upside is that members will always have the choice of contributing more in order to keep their ratios the same or even increase them--should they consider the business worth the risk. Plus, even if they refrain from further investments in that business, that business' potential resulting expansion could generate the higher profits necessary to make up for any lower payment-ratio.

HEREDITY. Dividend payments could be handed down to generation after generation...long as any enterprises exist.

WEBSITE/APP. BIG's Web Manager will maintain these to allow the BIG organization, its investors, and it's funded entrepreneurs great extra exposure...and thus greater expansionary capabilities for BIG, greater publicity and networking ability for investing members, and higher potential for profitability and expansion of funded enterprises for entrepreneurs. The site/app would also allow members to manage their individual investment accounts, as well as investors manage theirs, including allowing all to vote on enterprises.

BLACK AUTONOMY. BIG's end goal is to fund the establishment of Black-controlled businesses of various types capable of fulfilling all the needs/desires of the Black/Melanated populace, allowing our people to shape their own destiny while patronizing their own industrial base.

METHOD OF OPERATION (LEGAL ENTITY):

BIG is projected to operate as a partnership--with the founders being the Chief Partner & Founding Partners (composing the Board), investors being the General Partners, and the business owner/operators serving as the Business Partners, with Regular Members being those supporting Black businesses in general This way, the setup can't be bought out or taken over, like a corporation can be raided. Business experts would have to be consulted to derive the official charter for the group.

The following would be the BIG site/app pages:

MEMBERSHIP

BIG members would be accessible here--either having their name featured or handle--whereby they would be contacted by others. Their name or handle would be linked to their Personal Page, where they could dictate what info they want exposed to visitors.

CURRENT BUSINESS IN FUNDING

The vote-selected enterprise currently eligible to accumulate BIG investments will be listed here along with the status of its funding amount.

BUSINESS CANDIDATES

Enterprises ( under consideration for BIG funding will be listed here according to their current rank in votes acquired. (When the winner is selected, it will become the CURRENT ENTERPRISE IN FUNDING.)

FUNDED BUSINESSES

Bujsinesses BIG has fully capitalized and that are in operation will be listed here. Explicit profit-info will be available only to investing members; however, each enterprise would have a profit rating A+ to F (or 10 to 0) so that visitors could decide if they may be interested in joining and investing.

The following are those interested in this project:
(Will be listed as acquired.)

POTENTIAL CHIEF/FOUNDING PARTNERS
(Quantity of people interested in serving as CEO and in supplying significant start-up capital.)

POTENTIAL FOUNDING PARTNERS
(Quantity of people interested in supplying significant start-up capital and serving as Board members.)

FUTURE REGULAR MEMBERS
(Quantity of people interested.)

FUTURE BUSINESS OPERATORS (BUSINESS PARTNERS)
(Quantity of people interested..)

PROPOSED BUSINESSES
Businesses proposed by visitors.

STARTUP PERSONNEL / PERMANENT STAFF
(Quantity of people interested.)

Chief Partner

Founding Partners

Business Consultant

Finance Manager

Administrative Assistant

Web/App Developer/Programmer