This is a guest post from Legion M.
Quick poll…how many of you have heard of Occupy Wall Street? Wow, everyone. Which makes sense, because it was big news at the time.
Now, how many of you are familiar with the JOBS Act? … Anyone…? You still there? Buehler…? OK, maybe a few, but based on our polls, very few. Far too few.
Not surprising, studies have proven that bad news travels much faster than good news. This explains why so many of us are familiar with Occupy Wall Street, which was impossible to overlook five years ago but alas, few have heard of the JOBS Act. As our memories of Wall Street protests fade; something really remarkable is happening right now, and it’s concrete evidence of financial reform with the potential to empower the vocal 99%. It’s called the JOBs Act and it is going to create new economies while leveling the financial playing field.
At its core, the JOBS Act is opening up early stage investment opportunities to everyone. Up until recently, the exclusive domain of accredited investors (aka millionaires) and institutions (venture capital), this was a money-making empire held close by the powers that be. The archaicrules were allegedly there to “protect unsophisticated investors” but seem to be just another gear in the perpetually rigged machine that systematically favors the rich.
The bill passed through Congress with almost unanimous support and brings authentic reform to the financial system, and yet still precious few people have heard about it. For the first time in more than 80 years, the general public can more easily discover and participate in what can be lucrative early stage investment opportunities.
So this is big news, but let’s be honest, it won’t single-handedly fix the system and close the financial gap. Nevertheless; it’s a step in the right direction and evidence that things can change. But there is one more thing to consider, and to us it’s the most important part: the part that even the top earners involved with passing this bill probably were not envisioning. It’s the part that motivated our team to start a unique new company to pioneer and lead what we see as an empowered revolution made possible by the JOBS Act.
We will give you a clue as to what the empowering part is by simply asking – what does the 99% have that the 1% does not? Think about it. The 99% has vast numbers of people; the kind of numbers that can make or break a company, the kind of numbers that will move a stock, particularly in the early stages. Yes, big Bernie Sanders-kind of numbers.
The JOBS Act enables entrepreneurs to raise start-up capital with the very people that will purchase, promote and evangelize the new company. It’s not just smart money, its activated smart money from motivated customers.
The JOBS Act opens opportunities for large communities of people to rally around a company, invest at an early stage and best of all, and have a material impact on its potential for success.
The JOBS Act is great news for the 99% who vocally insisted on change. It will create new jobs, level the playing field, and, if enough people know about it and get involved, it has the potential to usher in an entirely new economy – an economy for the people, by the people.
There are no burning cars, angry mobs or riots in the street, but this historic change and the opportunities it enables needs to be known. For a change, let’s spread good news as if it were bad news. Like and share this article if you agree.
Legion M is the world’s first FAN-OWNED entertainment studio. We are working with top tier Hollywood creators and producers to develop and monetize content together with the FANS. With Legion M, FANS own the company, FANS get behind the scenes, and if we are successful—FANS share the rewards! Legion M’s mission is to empower creators to push the boundaries, and empower Fans to be a part of the content they love. Join us at www.thelegionm.com.
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