Executive Summary: A New Social Media Platform Focusing on Financial Services, Education, and a Purpose Driven Life
Mission Statement
Introducing: SOCIAL FINANCIAL NETWORKS
There is a compelling need, in our post Covid times, for new methods of educating consumers about how to turn their financial destiny around and find reliable financial vendors who understand their needs. The intent is to develop a new social media platform that uses cutting edge information technology (including AI) similar to what is already being used by the current dominant platforms, but more focused on financial services and lifestyle management than social trends and politics.
The goal is not to reinvent the wheel. The intent will be to adopt the best practices and process technology of current leaders in social media and add integration with a broad base of business models for cross marketing financial services. Having spent some time working with financial advisors and insurance marketers over the last several decades, we have identified gaps in the current regulatory structure that leave investors vulnerable to over aggressive marketing of financial products without a holistic approach to making sure that investors balance their desire for higher rates of return against the inherent risks of investing in a market where unscrupulous parties can gain advantage of a disproportionate access to the actual risk factors involved in a given investment. Many people are afraid to invest beyond their 401(k) or through their insurance agent because of their fear of being unable to make informed decisions about how to get reasonable rates of return without unwarranted risk.
Marketing will be at the core of what the platform business plan will focus on. There will be a need to develop, early on, strategic relationships with a broad cross section of the various sectors of the current financial global playing field. The intent will be to cross market with key players in segments of the market so that we help provide useful, expert verified, and SEC vetted information about how to develop a financial plan for all aspects of life. Special events and seminars can be offered and tied in with marketing campaigns from industry insiders to help bring better information to consumers in a way that enhances their trust and desire to learn how to take control of their financial destiny. This is also demonstrated with our custom created Master Class Videos we provide.
We all know that many of our neighbors are now living from paycheck to paycheck, if they have them, and may face evictions or foreclosures because they have fallen through the cracks. Part of our efforts will be not only to provide information but also to provide gateways to private charities that can help struggling families and communities from all walks of life get back on their feet. It is obviously in the interest of players in the financial services industry to have consumers who have taken control of their financial destiny and are working on a long-term plan for college for kids, unexpected health needs and retirement. Poverty can’t be eliminated, but we can act as good stewards of our resources and work with public private partnerships and charities to give back to communities some of the fruits of our labor. This will in turn reinforce our ability to influence segments of the market that may not be fully served by current social media platforms. The greater the reputation we build for being a force for change, the more we will be able to play a part in influencing the wellbeing of the communities that we care of about so deeply.
Part of marketing efforts will be to develop special events with industry leaders and influencers who have relevant contributions to how to enhance financial well-being. A combination of big events, podcasts, and other methods to reach out to consumers will be tied to state-of-the-art data collection and push technology for identifying consumers who are looking for help in relevant areas. So much of the value of social media platforms revolves around their data and how it is mined through AI and other means to find trends and predictive cues of what drives consumers and the individual and macro level.
What are the Initial Steps
Legal Regulatory
The SEC has been on the prowl in recent years because of unregulated financial products that resulted from a lack of, frankly, lax oversight of how alternative products were being developed that blended some of the features of equity products that also worked like annuities, an insurance product. Part of the role we intend to serve is to act as an adjunct to current regulatory efforts so we can get iterative feedback from industry leaders on whether emerging financial products are appropriate for the risk to reward tolerance of segments of the financial consumer market. There is no way to completely eliminate the risk for consumers, but we can help provide information and analytical tools from the best in the industry to help shine a light early on potential potholes in the industry. Ultimately, the industry will back such efforts since at its core, this is trust business. How can you get people invest in products, services, etc. if they don’t trust the ones selling them?
Speaking on the subject of trust, we have at the corporate level secured our companies by establishing a Legal Business TRUST for our business in order to legally receive, hold & generate revenues for our company to prosper from. We have also secured an additional Beneficial TRUST to legally defer our firm’s tax obligations for life.
This is another “Profit Center Funnel” program we are providing access to each of our participants to protect their financial gains and principal funds they deposit.
Part of the services offered may be counseling and needs analysis that can be used to direct consumers to appropriate vendors who have products that are best suited to their financial needs both in the short and long term. Some of this work will be tied into AI and data mining so we can have answers ready for potential financial consumers before they even know to ask the question.
Since we will be marketing in a highly regulated market, we will need to develop a relationship with a top tier licensed broker dealer with international experience that can serve as the anchor for the platform and ensure full compliance concerning all aspects of the 1933 and 1934 US Securities Acts. The intent will be to work in concert with all relevant regulatory agencies including the SEC to establish the protocol for how marketing and providing of financial services is to proceed. By going through the front door and offering full accountability including an audit trail of all paper, digital and other media at all times, we align our interests with all parties and provide a service that will be hard to duplicate. It will offer an opportunity for the people around us to have hope again and realize that we have it within us to emerge from this and future crisis, stronger than ever and determined to persevere.
Structure
Since this is a new endeavor, a new entity will be formed for this joint venture. Parties involved in early phases of the project will get preferred shares in this private entity that will not get diluted until later phases of the project. This is to provide core investors to reap the long-term benefits of the platform and the cashflow that results. Sub-entities will be formed to act as holding companies and trusts in both in the US and in other countries. Since it is intended that this will be a truly global scale project with translation into a multitude of different languages. Both domestic and offshore transactions and cash flows will be segmented and managed to minimize tax consequences and maximize ROI. ROI is always important in public private partnerships because it provides the seed money for public projects that would not be otherwise financially feasible because of the limits of current capital markets and local state and federal spending.
KEY Words & Statements to be imbedded or used as the epilog…
- Ours is a Disruptive Platform with a multitude of next generational financial alternatives to traditional current consumer income producing vehicles can offer.
- We offer a New PATHWAY choice to legally circumvent the long-term effects of ill managed portfolios.
- Our Business Model Rewards the achievers with remarkable enhanced revenues well beyond the compensation levels most persons & businesses will ever pay.
- We will produce a PAY IT FORWARD Mentality to out-perform and reverse the typical 80/20 rule by instituting our (PSC) Profit Sharing Compensation programs that turn multiple income streams in to mighty “INCOME RIVERS.”
- The income generated will flow to 100% of the producers who use our “Best Practices” as their blueprint & will amass serious wealth in a much shorter timeline than any other professions can deliver.
- Our participants will have REAL RETIREMENTS that deliver many more dollars & longevity as a self-funding pension with multiple tax incentives & shelters embedded into each of or “Private Members” lives!
We provide direct access to these basic 3 financial solutions of hundreds to follow as our MANDATE:
- Debt Relief & Elimination of the struggle to survive paycheck to paycheck.
- Use our (OPM & OPA& OPL) Other People’s Money & Other People’s Assets to leverage & hypothecate ROI’s that surpass the best returns anyone is able to achieve from their current portfolios & income producing vehicles. Other People’s Labor to facilitate exceptional earnings without the daily grind & efforts.
- Total WEALTH Accumulation Systems used by the ultra-rich Top 1% Income Earners & Producers!
*** Move over Facebook, Twitter, LinkedIn, our mission is to empower our participants as our BENEFICIARIES TO OWN THEIR OWN… new generational WEALTH as the ONLY… Social Media Platform to improve the human condition with REAL Desired Results for using this new PATHWAY we have built for each of YOU!
These are but a few of the NEW Financial Systems & Profit Center Funnels that have been developed and are now becoming the Competition to be revered around the globe in all financial markets.
You Choose which Path is to be taken… Take the long Journey around life’s cruel well-worn entrenched roadways or simply choose to ARRIVE & enjoy all your future travels & destinations with dignity & without the regrets and financial worries, fear and failure of those who dared not to explore & accept God’s Greatest Gift….. LIFE!
Author: Respectfully, James S. Davis Jr. Founder/Chairman/CEO/President of 12+ separate business enterprises.