Time To Be Great, LLC (TTBG)
Time To Be Great LLC is the name of our company or TTBG. The time is now as many businesses operating in the traditional fashion are not working very well. Just today a report was published stating that in major metro markets more businesses are closing than opening for the first time ever. On the same day I sent the first draft of our business summary to my partner for review before it is sent to those interested who have signed an NDA or non disclosure agreement. This article offers the main features of our business as our goal is to attract more who are interested.
TTBG Defined and Our Foundation Principles
TTBG is an innovative business development platform that solves the problem of people and companies that have assets with substantial value and inadequate liquidity (cash) This uniquely valuable business model operates with very few absolutes. The few include:
- TTBG controls the asset and the deal
- We only do business with people we know and want to work with or who come highly referred and pass our vetting.
- Before an asset is assigned to our control, there is a notarized memorandum of understanding that includes the terms and conditions a preferred member in our company first. Once done the asset is assigned and we proceed to the capital raise phase.
- Sources of funds for our assets already assigned to TTBG or to be controlled in the future are highly secured by our assets and by the shares of the preferred members assigning the assets to our company. There is another additional benefit: a person participating in the funding that is liquidity for our assets is also a preferred member. They in essence have preferred stock. All are defined with a notarized memorandum of understanding prior to the funding. The value of that funding position is determined by the value of our company which already is increasing rapidly and the time the funds are deployed. There is 100% vesting in 4 years with an incremental calculation monthly. Founding members are already experiencing a growth rate far in excess of 100% on an annual basis.
- We honor all referrals for assets and funding with a lucrative appreciation fee of 5%. Consistent with our core value of all active with our business we ask that a minimum of $5,000 of referral fees earned be retained in the company as a preferred member. This is not a requirement except if a person referring us business declines, no additional referrals will be accepted from that person.
Near Term Priorities
We are in the next phase of connecting with potential preferred members interested in funding liquidity for the assets already controlled by TTBY Our interest in valuable assets including real estate, manufacturing, retail, more that need liquidity is ongoing. We have a unique aspect of our model for realtors.
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Time To Be Great, LLC
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