Thread by @BigBankOus

ONE WAY to leverage OPM (Other people’s Money) to generate Profits for Yourself, Your Family, Or an Entire Community.

{Thread}

#30DaysofThreads

Today let’s start with a story...

https://twitter.com/BigBankOus/status/1193717049714970629

Not too many years ago, I used to HATE my life.

I would wake up at 7am, shower, brush my teeth, get dressed, eat a bagel, and take a walk to the NYC subway.

The highlight of my morning was locking eyes with the same girl on the train that I would always see and never talk to...

...my commute was 45-60min from Brooklyn to an office in Midtown Manhattan where I would sit and review the paperwork for Private Investment Porftolios for Venture Capital and Private Equity Firms.

At first I was getting off work at 9pm, then it started getting later & later...

Safe to say by the time I was working from 9-1am 6days a week and living off 4hours of sleep and shitty office chinese food for dinner I HATED my life.

At one point the guy that sat accross from me would take the cap off his pen and threaten to kill himself every day...

Now that I’ve set that scene, let me tell you a little about my work.

A really “respected” & “skilled” financial manager would call up about 10 -20 people, and ask them to invest $1-10millons a piece, then he would take that money and decide how to invest it...

20% of the profits would go to the finance manager

80% of the profits would go to the investors (and they would get their principal back as well)

My job, and the reason why my company had been hired, was to make sure those private investments were valued correctly...

...and what I realized while I was doing the work, was that these Finance Managers weren’t doing something above and beyond the capacity of a personal with slightly above average intelligence.

All they were doing was using GROUP ECONOMICS to their advantage...

...see lately there’s been a war on Billionares & rich people in general

And no one can ever understand what it is that THEY DO that SEPARATES THEM for the the average layman

And honestly, taking advantage of GROUP ECONOMICS & OPM is the single advantage they have over the rest

But I’m here to give you one way that you can do it too...

I want you to read (((closely))) to what I tweet next ok? 👍🏾

If they are polling their money and giving it to the most talented people among then YOU SHOULD TOO.

Here’s why:

Everyone doesn’t have to be an entrepreneur, everyone doesn’t have to be a doctor, lawyer, accountant, etc. but everyone can PLAY THEIR ROLE.

So here’s one strategy you can use to make this little game of capitalism a little easier.

Have you ever heard of a RSACA?

In some places it’s called a “sou sou”

An example:

10 people decided to meet once a week and bring $100 each.

Each week one person leaves with $100 and everyone else leaves with 0.

The person of the week is decided up front

After 10 weeks, everyone has collected $1K once...

So what if each week, instead of collecting the money, everyone left it in the pot.

At the end of the 10 weeks instead of splitting the money

& SPENDING IT

they collect the month and INVEST!

If you had 10 people to do this couldn’t you do the same? Think about it.

10 regular people at $100/week can gather up $10,000 in 10 weeks.

10 business owners at $1,000/week can gather up $100,000 in 10 weeks.

And I could list more than 10 different ways of how you could turn $100k into $1M...

...and I know I promised I’d tell you how I use this...

But we’re gonna do that tomorrow because this is getting long.

In the meantime, while you’re here, join my email list, because eventually the 30 days will run out and the BETTER info/content will go out via my email list ONLY

bit.ly/BigBankOus

See you tomorrow ✌🏾😁✌🏾