MORE ABOUT COMPOUNDING
Most regular people think they don’t have enough money to do
anything with it that actually matters or would make a difference to
their daily life.
But, the system is designed to harvest and extract it from you still, anyway -
and in a way that benefits the rich, which proves that this thinking is wrong.
Microbid basically takes the world’s spare, pocket change - nothing
you would miss - and combines it and turns it into
millions of dollars in
actually usable amounts. We then turn right back around and turn those
"usable amounts" into 90% off Crowd Auctions, insane Rewards and Emergency
Spot Cash Advances.
Shhhhh: HERE’S THE SECRET
We’ve also carefully and generously built in profit margins (around
the Auctions and services we offer), so that each one creates enough
profit for us, the users who referred the members who win the Auctions
(with bids), as well as tons of Rewards + Prizes -
and finally,
even Partners (ie. Sponsors) who are in it for the +15% compounded profits.
Basically, we take in about 3X the value of an actual Auction Item (or Items,
if it’s a true "crowd" Auction). It’s really no different
that flipping the current American Business Model, which is based around
Cost of Goods Sold - and then markups after that - right on its head. The
COGS is built-right in - and so are all the marketing, operations and necessary
business related expenses. However, instead of hiring a bunch of random
companies and service providers - our Members and Partners are the ones
we RevShare with to help us with the funding, marketing, etc.
THE ELEPHANT IN THE ROOM
And, of course, the overall number of +15% "flips" we can offer totally depends on
the overall amount of exposure (of Microbid) and demand (from users for our
crowd-powered Auctions). So, we can’t guarantee an obscene or unlimited
amount of flips (right now). That’s why we cap the amount of "Principal"
we agree to take on.
It’s all 100% legal and it’s basically a massive, global marketing
network designed around Loyalty + Rewards - and of course, Auctions. In addition,
Microbid’s parent company is an official Limited Partnership - a popular
tool of the rich, elite and high earners, which helps create the same
types of advantages for our Members and Partners - that the rich get from LPs
every day.
It’s really
that simple. Many cultures around the world already
do stuff like this in their real, physical, offline daily lives. We’ve
just objerved it over the last few decades and finally figured out how to
make it digital - and in a way where it could truly benefit tens of millions
of people.