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Forum Post: If you can't beat em, join em!

Posted 8 years ago on June 30, 2012, 3:06 p.m. EST by atki4564 (1259) from Lake Placid, FL
This content is user submitted and not an official statement

If you can't beat em, join em.

Starting a bank sounds like an impossible Gilded Age enterprise; more befitting of a Rockefeller than today's small business owner. But it's not as impossible as one might think -- or as risky.

According to Smart Money.com, "the three-year failure rate for new banks is less than one in 1,000," which, compared with a "60 percent failure rate for new restaurants," is not so horrible. The profits are not too shabby either. The site reports: "6,770 community banks earned $67 billion over the past five years."

In a recent Wall Street Journal interview, even Former Federal Reserve Chairman Alan Greenspan says that he would start a bank -- if he were 50 years younger.

So start a direct democracy bank, as follows:




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[-] 1 points by szoth (5) 8 years ago

I like the sentiment!

[-] 1 points by atki4564 (1259) from Lake Placid, FL 8 years ago

I hope you'll join http://finance.groups.yahoo.com/group/StrategicInternationalSystems/ , and more importantly, join NextDoor.com in order to start and operate your internet investment legislature for your neighborhood. NextDoor.com will give 100 free postcards to your neighbors, and thus begin your own economic & political leadership for free. If nothing else, you can organize block parties.

[-] 1 points by Underdog (2971) from Clermont, FL 8 years ago

Suggestion: You need to simplify this message tremendously. People are not going to read through that link you provided. Think very high-level bullet points with a minimum of explanation. People are just too busy and distracted to read long, intricately detailed anything anymore unless your can grab their attention and hold it with something very compelling.

You might have the greatest idea ever conceived, but your marketing of it sucks.

[-] 1 points by atki4564 (1259) from Lake Placid, FL 8 years ago

True, the marketing needs tremendous improvement, and I'm just a babe in the woods when it comes to marketing skill. However, I still have to finish writing the complete operational specification as I think about marketing too, and that specification is vast (programming step-by-step).

Therefore, I was hoping to find marketers who could create the "bullet points", such as the singing, dancing, comedy, copy, etc, that is needed to do the marketing. As I am a scientist, I have great difficulty in transforming my mind to that of a marketer (as they quite opposite skills). In fact, I know SIS has to be reduced to an Avatar-High-School-Musical-like novel and movie that shows the operation of SIS as an exciting and entertaining adventure even though a great deal of math, or technology, underlies such marketing skill as well.

So, I feel like a guy COMPELLED to complete an enormous task -- "saving the world" -- all by myself, because even though there are people in my group, they don't have much marketing skill either, nor time to do proper scientific research and specification. As I am independent, I have that time, but most others (in least my current group) don't have the time, and usually don't have the marketing and science skill either.

[-] 1 points by atki4564 (1259) from Lake Placid, FL 8 years ago

It fact, what is really needed, I think, is a virtual reality game that guides physical reality as a game, but to do that I have to complete the entire operational specification (which I'm doing now), and then code the virtual-physical game, which is yet another vast marketing skill (that is, writing a free online virtual reality game, like many today, requires a lot of skilled artists and programmers, but I'll do that even if it takes me 20 years "to do it all" by myself.

[-] 1 points by atki4564 (1259) from Lake Placid, FL 8 years ago

Or perhaps a charitable foundation should be set-up to get contributions from the public to buy the marketers, engineers, scientists, and administrators needed to create this virtual-physical game on their behalf, for it will receive no contributions from today's upper 1% managers (as they have everything but their conscience to lose by it).