Accelerator FAQs
How will you fund $6,000 in Free Product & Service Rewards for each Accelerator?
We are creating a wide variety of special part-time parent jobs, to help BIGShift Parents come up with enough extra money, so they can finish investing for their children's retirement before their 3rd birthdays.
And, the community businesses we operate to provide these jobs - will set aside a portion of their revenue (usually approximately 4%) to fund the Free Product & Service Rewards for Accelerators.
BIGShift Painting is just one example. We have divided Canada's urban areas into a total of 3,960 geographically-defined Market Areas.
BIGShift Painting's goal is to complete an average of $140,000 worth of work in each Market Area, annually. And, thereby help 6 parents per Market Area earn an extra $18,172 (before tax) each.
4.05% of BIGShift Painting's revenues will be used to fund Accelerator Free Product & Service Rewards.
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4.05% of $140,000 = $5,670.
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There will be a total of 4,364 Accelerators in Canada, which equals 1.11 Accelerator per Market Area (4,364 Accelerators divided by 3,960 Market Areas = 1.11).
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Accordingly, to fully fund the $6,000 in Free Product & Service Rewards for Accelerators, $6,660 per Market Area is required.
So, BIGShift Painting's expected contribution of $5,670 - itself - represents 85% of the required $6,660.
And, BIGShift Painting's is just one of the many types of community businesses we'll operate in each Market Area.
BIGShift Media is a second example. It will soon provide part-time work for an average of 11 parents per Market Area.
And, 4.5% of BIGShift Media's revenues will also be used to fund the Free Product & Service Rewards for Accelerators, until each and every Accelerator has received their $6,000 in Rewards.
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Awarded Chronologically
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Accelerators will receive their $6,000 in Free Product & Service Rewards, according to the chronological order in which each became an Accelerator.
So, Accelerator #1, will receive their $6,000 in Free Product & Service Rewards - first.
Next, Accelerator #2 will receive their $6,000 in Free Product & Service Rewards - second; and so on - until all 4,364 Accelerators have received their Free Product & Service Rewards.
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So, 4% of the revenue - from All the community businesses we operate in Canada's 3,960 Market Areas (to help parents finish investing for their babys' retirement before their 3rd birthdays) will be used to fund Accelerator #1's Free Product & Service Rewards.
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Accordingly, a total of just $150,000 in community business revenue will be required in order for Accelerator #1 to receive their full allotment of $6,000 in Free Product & Service Rewards.
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Spending Your Rewards
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When you 'spend' your Free Product & Service Rewards, we will promptly pay each vendor its full-price for the products and services they provide to you.
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How will you operate several ZERO-Fee Investment Funds without charging fees of any kind?
Unlike conventional Fund Managers, who are in business to earn a profit from the fees they charge investors, our business model is different.
The purpose of our ZERO-Fee Funds is to make it as inexpensive as possible (Free) for babies (and their parents) to achieve their retirement savings goals.
And, because babies have much longer investment horizons, the impact of any fees they are required to pay is magnified, as compounding has considerably longer to affect their capital-accumulation.
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As just one example, in the scenario where (with our help) a parent helps their son or daughter FINISH investing for retirement by their child's 3rd birthday (by investing for them $13,382 per year, for 3 years), if their child pays ZERO in fees, they should accumulate $10,000,272 by age 65 (assuming the S&P 500 averages a total return of 9% per year, which is less than what it did over the past 65 years).
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However, if their child is required to pay just 4/10ths of 1% in fees, they will accumulate only $7,901,979 (again, assuming the S&P 500 averages a total return of 9% per year, which is less than what it did over the past 65 years).
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The seemingly insignificant .4% in fees will COST the child $2,098,293 in retirement savings.
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Even more significantly, these fees will COST the child $188,293 PER YEAR in retirement income.
So, if they live to age 89, the seemingly-insignificant 4/10ths of 1% in fees will cost the child a total of $4,532,312 in retirement income.
To be able to comfortably afford to operate our own ZERO-Fee Funds, we will also operate a small number of other 'for-profit businesses'.
So, the BIGShift Group of Companies - as a whole - will be profitable, even though we will subsidize the operation of our ZERO-Fee Funds with profits from our other businesses.
Think of the BIGShift Group of Companies as an orchestra. Not every instrument, on its own, needs to generate a profit. Instead, what matters is: that by working closely together in economic-concert, the entire orchestra is profitable.
As you'll discover if you dive deeper into our business model, we operate 3 groups of businesses:
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(1.) 'ZERO-Profit businesses', including our ZERO Fee Funds and cost-FREE Coaching Program for parents;
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(2.) 'Partial Profit businesses' such as our Real Estate Brokerage and Mortgage Brokerage (which we will operate to to enable us to provide Free Product & Service Rewards, to drive market share to our Full-Profit businesses; and
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(3.) 'Full-Profit businesses' which produce the lion's share of the profit for the BIGShift Group of Companies, and are therefore instrumental for orchestrating & sustaining the BIGShift.
We are happy to answer any questions you may have, and invite you to call us at 647-846-0300 ext. 800 - or email us at Accelerator@BIGShiftCanada.com
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