Financed project statistics, financial literacy and the sharing economy

Date
21.12.2019
Read time

5 min.

Author

Editorial Invest in Slovakia

It is time to take stock of the last successfully funded project. I will write a few words and figures that might be of interest to you. I may break off while I am writing and write something outside. We'll see. The title of the article doesn't exist yet at this point, which opens my mind. But let's get on with it already.

The Park Lesná*** project has been rocketing from the first days. The investors have already financed 64 % within 3 days!

Later, it slowed down, but at a calm but sure pre-Christmas pace, the target amount was not only met, but exceeded the minimum target that the Park Lesná*** investment project needed for its Phase I.

Numbers

  • The campaign was launched from 27.11. to 18.12. 2019.
  • The minimum target amount was EUR 160 000. 
  • Total investment EUR 171 450.
  • Minimum investment 100 EUR.
  • Maximum investment EUR 30 000.
  • The project involved 64 investors.
  • The fixed return from this project is 16.17 % p.a.
  • The investment period is 24 months.

Amazing result.

We managed this project thanks to the reinforcements in our team. Great customer support that takes care of your needs, Invest in Slovakia marketing campaigns from smart colleagues, podcasts by Matthew, which you can listen to every week on our website.

I must not forget the legal support from our lawyers and project due diligence from colleagues who deal with the real estate market and investment plans on a daily basis.

These days we have in INVESTORS CLUB 7⃣4⃣2⃣ members.

You also have the opportunity to join them, get a free investor account and have the opportunity to look into the details of investment projects. All you have to do is Register.

From the very beginning, I wanted to provide something more than just an investment project for our members in the INVESTORS CLUB to earn a fair return on.

Financial literacy

I also wanted to educate because the topic of financial literacy and education is very close to my heart. I don't just focus my own energy and the energy of our team on getting investment projects and investor numbers as high as possible.

We write articles about how those who are getting richer by the day think. We feature stories, record podcasts with the thoughts of the world's most influential people, and report on interesting things through social media.

As I think about it now, 50 % of our efforts are devoted to these activities.

If our company was controlled by a group of investors, they'd probably kick my ass.

They would tell me to direct the costs associated with these activities to business, to get more investors and more investment projects that ultimately bring money into our coffers.

Maybe what we are doing is not so strategically advantageous in terms of performance and cost, but I feel really good about these activities. 

Do you know what motivates me?

I like to do good business and make money. Or if I make a good investment. This motivates probably most of us to work. But I'm even happier if I can change things for the better with a good deal. 

And we all now have the power to do it together. We can take part in projects that are interesting in terms of yield. We can collectively support investment projects that will have a positive impact on our neighbourhoods. We can use this portal to uncover what the rich have known for a long time.

Sharing economy

Sharing economy is an absolute phenomenon that breaks all the laws of (so far) closed business in this world.

Since time immemorial, the hotelier has made his own business of renting out his hotel rooms within the closed circle of his walls. Today, you can rent your child's room through an app airbnb.com and find plenty of guests who will pay you for it without you having to build a hotel. This news will not please the thousands of hoteliers on this earth of ours. 

Taxi drivers are rebelling because he messed up their business uber.com. There was a group of licensed taxi drivers who operated on their own sand and set the rules of their business as they agreed. Suddenly you could call a car 70 % faster and 70 % cheaper through a new app. You could be driven by anyone to any location and in more comfort than it was before.

The Internet allows us to share services and bypass entrenched companies that have created their own game over 10 to 100-odd years.

Real estate crowdfunding? Same thing!

If we all decide now that we will support the building of 10 000 rental flats, low-energy with environmentally friendly technologies, which will save us 70 % in costs, in a place where grass grows instead of concrete, then we will just do it.

Together we will create great housing for 10s of thousands of people. For many years, we will share the proceeds from rentals and later sales. What will happen? In addition to earned revenue, we will positively impact the space we live in. And the banks and other powerful companies will definitely rebel against this. 

The internet and the sharing economy gives us absolute power to do anything outside the established system.

We can share in the revenues from rents, from transportation, from real estate projects. We can change the systems and ways that have so far laid golden eggs for closed groups.

That's what motivates me. To educate myself. To work hard. To make a profit. And to do amazing things that every single one of you can participate in. 

I wish everyone a wonderful and peaceful Christmas.

Follow our activities and new investment projectsthat you can join immediately.

Happy journey to your own passive income ...

... and I'm going to come up with a title for this article, which was just supposed to be about statistics from the last successful investment project campaign.

About the author
Editorial Invest in Slovakia
The Invest in Slovakia crowdfunding platform facilitates investments in Slovak real estate projects to investors from all over Europe. It focuses on innovative solutions with benefits for the surrounding area. The long-term effort of the team of specialists is the development of financial literacy. It provides clients with access to thoroughly vetted assets with different appreciation strategies.

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NBS. On the basis of Regulation (EU) 2020/1503 of the European Parliament and of the Council of 7 October 2020 on European crowdfunding service providers for business and amending Regulation (EU) 2017/1129 and Directive (EU) 2019/1937 (the "Regulation on European crowdfunding service providers for business"), crowdfunding will become a legally regulated activity. From the nature of the Regulation in question, it is expected that the authority authorising and supervising the activities of crowdfunding service providers within the Slovak Republic will be the Ministry of Finance of the Slovak Republic or the National Bank of Slovakia. As a provider of crowdfunding services, we welcome this effort of the European Parliament and we are ready to actively participate in the implementation of the Regulation in order to clarify and set uniform rules for crowdfunding within Slovakia as well as throughout the European Union.
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