Let’s achieve financial independence together!

 

 

Thank you for taking the time to read this.  It could change your life.  It could be the solution to your mediocrity.  I hope it is for mine.  I want to provide you with plenty of information in regards to my personal dreams.  The site will get better as the dream grows.  Please read everything and email me if you want to look more into this.

 

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 I am looking to build a team of ordinary people like myself to work in conjunction to achieve huge results!  I would like to put together a team of about 20 people all dedicated to putting their heads together to build a multi million dollar corporation.  This corporation will be comprised of multiple income producing assets.  The different assets we collectively come up with will vary but some will be in the areas of:

• Real Estate-Flips and rentals etc.

 

• Stocks-Individual stocks and different tax sheltered investment tools

 

• Partnerships-Small loans and investment/consulting with struggling businesses to help them leverage their risks.

 

• Product marketing and distribution.

 

 

We will be working not only to build and grow a corporation, but to eventually have a publicly traded company.  I have been researching how to put all this together.  It is tough work, but with the right team and everyone doing their part it is totally possible.  The other and probably most important task of this fellowship is a meeting of the minds along with strategies from the experts geared toward helping each member with their personal financial life.  It is important for the team to have a fiscally fit personal financial life.  In order to help make that a reality we will be meeting regularly address such issues including but no limited to:

 

• Eliminating Debt

 

• Letting go of bad spending habits

 

• Alternative ways to increase personal income

 

• Living healthy emotional lives

 

Sheltering assets properly for the most efficient tax savings.  This is a big one because not only will we be doing this for the business, but for our personal lives as well.  You see, there will be some commitments on a personal level but for the most part I want to help everyone get their personal lives on financial track so we can focus on building the business.  This business will only be a spare time thing.  There will be jobs created that will pay and that board members will fill, and we will go over that in more detail as the team progresses towards those hurdles.  Other then those jobs, most of the team will be doing this in their spare time.

We will be taking on a staff of professionals to cover the areas that our team has no background in.  A couple of those types are:

 

• Attorneys
• Tax Accountant
• Public Relations
• Various Consultants

 

We will also have guest speakers with open forums.  You ever want to ask a millionaire a question?  Have you ever even met a millionaire?  If you become a board member you will within the first 90 days.  It is one of the many exercises we will be doing.  We will also be visited by:

 

• Success Coaches
• Corporation Owners
• Owners of some of the local businesses you may have heard of or even been in
• Political figures

 

My financial freedom day is a net worth of $2 million dollars and a passive cash flow of $10 thousand a month.  I plan to have this within 3 to 5 years.  It is my dream that this alliance will afford this magnitude for all its members. 

 

 

Before I go any further I just want to say this isn’t an MLM or any sort of gimmick.  I am putting together 20 people and we will all equally own this business from day 1.  From that point the team will be determining everything.  There will be designated officers to carry out instruction laid out by the team.  A treasurer will handle the funds and other structured duties will be assigned which we will get into later.  Our money will be in allocated funds in the business name and all bookwork will start and stay transparent at all times.  This isn’t a way to separate anyone from their money or assets.  You keep what you have.  The only thing we will do in regards to your personal assets is work together to help each other get the most out of our assets and get them organized and tax sheltered.  There will be an investment required by all members that will be determined by all members once the company is formed.  The amount will be determined at that time but will probably be around $100 a month.  This will be to pool together to grow the cash value of the entity and provide leverage to make the investments to get the returns.  The goal will be to come up with solutions to increase each individual’s personal income to compensate for the investment. 

 

We will be getting everyone debt free and 700 plus credit on the personal level.  You will be setting up retirement accounts and college funds.  We will all have everything essential to a productive adult life.  That is first and foremost.  Well, along with building up our business. 

 

There will be a contract in the beginning binding us as equal owners.  We will spend a good deal of time structuring in the beginning.  I figure every meeting will be two parts, half on personal finances and half on the business.

 

Here is an example of how it could play out.  After forming the team we go on legalzoom.com and pay $300 to set up the initial LLC.  This will be structured initially to set up an account through where after we all are able to free up money to start investing.  You see, an LLC that is showing positive income even if it is just the board members all contributing all of a sudden has credibility.  We can then open a few lines of credit and pretty soon a large enough line of credit to make big asset purchases.  So say we are able to each invest $100 a month.  We are now grossing $2,000 a month.  In 10 months we will have $20,000 and credibility.  You can do the figures but a good rule of thumb is your business assets are roughly 5% of your credibility so we can probably get leverage on any asset that cost 100,000.  Say we spend that money on a bank owned home for like $80k.  This is my line of work so I can make a lot of this happen.  I also have a team we could hire with an investor so we can buy a home have it completely remodeled, put it back on the market, meanwhile I will be marketing buyers.  Long story short, through the process we are still contributing our $100/$2,000 a month so the bank is still growing and we reap about a $30,000 after tax gain.  Now we have a business worth $50,000.  We can then make some other investments perhaps in a few income producing properties that are cash flowing.  An example would be a vacation property.  Like a house that we can furnish up and rent on www.vacationrentals.com because you make much more renting a place this way.  I know of a little known area where these type homes are very cheap with this economy and they book up.  I will get into that more later.  But now we have a business worth our cash plus the value of the home.  Because this is a business asset its value is determined by its income potential.  It will also second as a nice place for any of us to get out of town and relax in beauty.  But now we have a business worth $250k that is producing $2,000 plus whatever we are getting from the income property.  At this point we can accelerate very fast.  Once we have a proven track record we can put together a share offering.  We can take a quarter of the company and issue it out in shares on the stock market.  SEC guidelines say we can raise up to $1 million in a calendar year.  I know how to market the shares and because we have been transparent from the beginning, we can display our books to our investors so they know they are buying stocks that have a solid cash producing company behind them.  We would have to set up a corporation in order to do this.  While all this is happening we would have other income producing assets being developed.  So back to the stock issue, if we are profiting month after month and we put up profits quarter after quarter, the stock prices will go up.  On the initial offering, all the shares sold are money flooding into the business.  We are showing profits so the shares should sell and we could see 1 million within a few weeks.  So now we have a business that is bringing in a few thousand a month that has assets of about $1.25 million to invest.  If the shares only represent 25% of the company that would mean the company has an approximate value of about $5 million at this point.  We could probably even pick up a bundle of properties for about $.30 on the dollar and just turn our machine into an empire by flipping some of those houses, making some rentals, and keeping some for ourselves. 

 

 

My friends this is how it is done.  We need a team.  Once we have the assets of this magnitude we are pretty much at the brink of financial freedom.  This is just one direction we could take this.  Jesus changed the course of history with a team smaller then what we have.  Imagine the possibilities.  You can email me at thenewlajimbo@aol.com if you would like to join this winning team.  I am local to Los Angeles.  I am not a gimmick.  Some of you may know me.  I will be upgrading this website as time goes on. 

 

Sincerely,

 

James Lee

 

PS.  Wondering about the banner ads?  Well, that is one way I am earning revenue through internet marketing.  This will also be a part of helping out business generate cash flow.  I will be teaching the team how this works but if you are just interested in this and how you can supplement your income a couple hundred dollars a month please email me and I will send you step by step instructions on how to start an internet marketing campaign and earn money.  There is a small donation of $2.00 that can be paid via Paypal.

 

Last updated 11/20/2009