What do you think of this approach to business?

@Everth97

3 жыл бұрын

I never thought that rich people could invest in the society instead of investing in stocks from other rich people or companies, that's revolutionary!

@Anewuser_6282

3 жыл бұрын

Great idea, would like to see more of this, but those with wealth tend to put their money where they can get the most return and least risk. I would like to see more CEO’s and corporations, like this one, invest in their employees as Henry Ford did. The solution to this problem is much bigger than a few companies or foundations can solve.

@besjansejrani1880

3 жыл бұрын

There is enough money for everyone to create wealth, with Everytable's example, there will be more opportunities.

@TysonGibby

3 жыл бұрын

I have been watching your "Hard Reset" series and it's full of great ideas like this one. I find it interesting that none of these have required a "Hard Reset" and that they are often already functioning successfully, now, no "reset" required. Seems like if we focus on growing and adding to the good that we have now, like many of these ideas in your series, we will end up much better off than if we "reset" everything.

@michaeloosthuizen2383

3 жыл бұрын

This is a excellent example of allowing people to pull themselves up rather than pulling people down. The core principal of capitalism is that you sacrifice something today so that you might benefit from it tomorrow. This is nothing socialist about this initiative, every player is making a sacrifice for a future benefit, its just that the sacrifices and benefits are not purely financial.

Please check in with these people in 3-5 years, I'd be curious to know how viable these strategies really are in our current economy

@Ronin.97

3 жыл бұрын

literally please! they are just a startup operating in one city. wait till you have someone a hundred or thousand miles away and they need a whole new kitchen operation just for them. I'm betting these guys will launch in new cities intermittently lining up several new franchisees and a kitchen location all at once. Otherwise they will never expand or just go bankrupt. If they ever lose their foundation support they are also fucked

@nntflow7058

2 жыл бұрын

Wait, they have been operating for years. I remember seeing videos about them couple of years ago. In 2018 I think.

@nickxplore4265

2 жыл бұрын

YES!

This is a step in the right direction.

@notabadcookie

3 жыл бұрын

💯

@bgiv2010

3 жыл бұрын

A single step. It's just cheaper franchising.

Encouraging those with the work ethic but without the opportunities is a great idea.

@mankind8807

3 жыл бұрын

They lack the talent as well, talent opens opportunity

@aurora9252

3 жыл бұрын

@@mankind8807 Many positions don't require much god given talent. This isn't sports/physical talent. Work ethic and good business education can be taught and learned.

I know this is meant to be optimistic, but we have to remember that charities and endowments aren't reckless. There are still significant risk measures/controls in place to ensure capital preservation. If this had started a decade ago, the equity valuations would have gotten absolutely fkd during covid (I'm talking 8x multiples to 1.5x) and loans would have definitely suffered so there is a big question over risk/return Loans that are given to a small business which is likely not backed by any assets would prolly be a junior mezzanine loan which is an 8% plus interest rate. If due to be repaid in 5 years, this could mean the owner could get stuck with 1.5x the initial debt. I think this could be something interesting but probably not as optimistic as the founders try to present it

@josephkillman5979

3 жыл бұрын

You are quite the pessimist, the video never said what the interest rates are, don't assume that they are 8%. Maybe they are but making that assumption is killing the idea before you even got all the info. You present a solid argument though. They just need to make sure they do an extensive vetting process in deciding who gets the low interest loans. This is a much better alternative than having angel investors or banks supply the loans with the intention of making money on the loans. It does not sound like they are interested in making money off these loans. As long as they have a solid business plan (which the video said little about) they should be able to easily grow this to compete with nationwide franchises.

@dgbucko

3 жыл бұрын

@@TheSkystrider no way is it 8% when I can get unsecured loans of less than 3%.

@abhigyanchakraborty5563

3 жыл бұрын

In india there's a company OlA. Its like UBER. They provide the drivers with cars. And charge a fixed rate everyday. And after a certain period of time, after the price of the vehicle is paid. The car becomes the car of the driver. But, now the drivers are seeing that it would have been way cheaper to get a loan from a bank to buy their car. And since they are charged a fixed rate everyday, they are forced to go to work even on days they are sick. And moreover as they are not directly employed by the company, they donot even get any employee benefit or insurance. They say that, the company lures gullible poor people with zero downpayment promises. Later trap them.

@ooooneeee

3 жыл бұрын

The video literally said low interest loans.

@KRYMauL

2 жыл бұрын

@@abhigyanchakraborty5563 No one ever said pyramid schemes don't make the founder more money. Capitalism is built upon the idea of investing in part of a fleet of ships instead of the entirety of one ship. This means even though the captain is due to make a lot of money at port the investor, originally the dutch crown, makes a certain percent of that profit from the fleet of ships.

Doesn’t make sense to me for one person to have more than one store. Would seem to me better to spread the opportunity more broadly.

@josephkillman5979

3 жыл бұрын

You present a very solid point, that would just lead to the consolidation of wealth that we see today. But if you already know that a person can run a franchise, it is a lot less risky to have them run another franchise rather than take the chance on someone that could fail.

@Ronin.97

3 жыл бұрын

that's how it should work but in modern and even old franchising policies they will take whoever has the money to support it. hopefully this company can revolutionize this. Because if companies did this 30-40 years ago it wouldn't have taken them 30-40 years to grow so massive.

@zinjanthropus322

3 жыл бұрын

The right people are so rare that if you get one you should let them go as far as they can.

@Carterthielftw_

2 жыл бұрын

I know Chick Fil A has a limit of 2 stores per franchise owner, they are absolutely killing it right now so I don't see why one person couldn't own more than one store.

@KRYMauL

2 жыл бұрын

It's a franchise network one person always owns a collection of stores that and the corporation own all the assets that must be used to produce the food.

"talent is equally distributed but opportunity is not"

@mankind8807

3 жыл бұрын

Wrong, it’s the exact opposite, talent is unequally distributed, but opportunity is. Millions of dollars of government innovation funds/grants and scholarships go to waste every year because people are not , claiming, applying or even looking for them. Some there are numerous funding opportunities for start ups, even for the ones with no prototypes yet. Opportunity doesn’t chase you, you chase the opportunity. You will never succeed as an entrepreneur if you come in with a victim mindset and thinking things need to be handed to you on a silver plate, this world is not fair, and you are entitled to nothing. On the other hand, talent, especially rare talent that will make you competent and stand from competition is very hard to come by. But if you have new innovative solution that will shake the market, there is opportunity for you, but if you are just another restaurant or hot sauce, these markets are saturated and have no more growth, so there isn’t as much opportunity there. Also, this dude was working as a hedge fund, he claims he doesn’t want to make money for the rich while he is the rich himself, f**in PR bs.

@life.9026

2 жыл бұрын

@@mankind8807 you have a point, well said.

This business model is nearly identical to any franchise except for where the initial startup funding comes from. Don't get me wrong it's a step in a positive direction but once you grow so big and have so many franchises your company will ultimately lose touch with your employees/franchisees and the cycle of capital abuse will repeat (Look at McDonalds). Also, what if franchisees start buying multiple sites, well this takes away from new potential franchisees from joining in now doesn't it, and the rich and more fiscally able will take advantage yet again. Perhaps if the company limited their franchisees to a district or limited sites they could own or only allowed new franchisees to build new sites. Otherwise what's the point? This model is only a win for the company not the franchisees. Like a Casino, house always wins.

@KRYMauL

2 жыл бұрын

Franchising districts would make a lot of sense and would be a great way to allow multiple people into this program.

what are the terms of the "loan"? IDK, feels upside down getting a loan from a charity.

@Knee-Lew

3 жыл бұрын

I think it's from the 95% part, from what I remembered, but feel free to correct my assumption though.

@redhidinghood9337

3 жыл бұрын

Because if the money was just given away the charity would run out of money. Starting a business is not cheap and no charity can support the creation of so many business through just donations. You have to first make money so u actually have enough to give away and make a difference

@SahilP2648

3 жыл бұрын

@@Knee-Lew no it's from the 5% of 1 billion from assets which are liquidated to charity so that's 50 million per year. And then they give out a loan to these location owners. The thing with franchises though, is that each franchisee is supposed to be competing with other franchisees in terms of innovation but I don't see that happening here, or for a matter of fact in fast food restaurants like McDonald's etc. But speaking of McDonald's, I have noticed that the menu in Europe is far different than USA and even India. I ate a pulled pork burger in Montreaux and it was the best frigging burger I have eaten in my life. But yeah coming to the point, I don't know how franchises like this make much sense especially when they are gonna make everything at once place then ship it to 8 locations lol.

@jadzzzz

3 жыл бұрын

5% is the yearly donation, 95% gets invested to recoup the 5% for the next year. Loans are a form of investment since you get interest, hence low-interest loans. All this is is just investing in people instead of Wallstreet

"We're expecting that we'll get a return on investment that we can then plow back into providing additional loans to other programs" - You know. Like what banks did before we let them gamify the stock market.

@Harry-qh5rt

3 жыл бұрын

Well said.

@nntflow7058

2 жыл бұрын

And did banks provide giving affordable food to poor people on daily basis?

@KRYMauL

2 жыл бұрын

@@nntflow7058 No, because banking was initially a political affair and the crown doesn't care about the peasants and how they can make money. This is the realm of semi-nonprofits and is a great way to add local chains.

@choosecarefully408

2 жыл бұрын

While I'm glad you said "Like what banks did *before we **_let them_** gamify the stock market,* this comes off as semi-sincere at best. It sure doesn't seem like you're trying to start a discussion around the concept that we don't have to accept what banks, or indeed _ANY_ authority *figures* tell us. & yet if we don't discuss it, how will it ever change? Not by itself, that's for sure.

Every Table !!🔪 Let’s feed the world!

@boredy7694

3 жыл бұрын

why the knife bro?

@billaak417

3 жыл бұрын

Mine too. Malaysian based healthy fast food.

@Ryanarchy2

2 жыл бұрын

@@boredy7694 Haha "Every Table" are chefs, chefs use knives!

Freethink, your videos are amazing and i wish all the best for Everytable. It made me tear up to see what they are doing.

What an awesome action. This is so beautiful. Well done Dorcia and Everytable!

That concept is really interesting, and touching at the same time. I imagined companies around the world implementing the same funding model as this one...

@TheXello

3 жыл бұрын

I would like to know what happens to the franchise owner if their business goes under before I would put any support behind this.

I’m so excited for your journey. Only up from here! Would love to see farming/permaculture/and food sovereignty taught in the public school systems

Im still trying to figure out how this is something unique. This is pretty much how every franchise business starts whether its a for-profit or otherwise. How is this "concept" of lending money so a person can start a franchise business new?

@TheSkystrider

3 жыл бұрын

I was thinking the same. I'm no expert at all, just a regular guy thinking and here's how I think it's unique. The loan is going to someone who has little to no capital. No bank or investor would normally give such a HUGE loan to a person like Dorsia. It's so beautiful it could work by picking the right kind of people. A person who will work their butts off to manage and make it profitable, but also someone who doesn't have a job/career they can't easily say good bye to.

@sebastiaosalgado1979

3 жыл бұрын

In a common franchise business, the franchisee must pay the franchiser in advance to profit from the brand. It doesn't happen in this case.

@__-pl3jg

3 жыл бұрын

@@sebastiaosalgado1979 - So the Franchisee isnt taking out a loan as a down payment? The franchise themselves are carrying the risk by supplying capital to build a store front and stock it with tools/materials? If thats the case then the franchise is simply hiring a manager to run the store with the expectation of eventually buying it. I suppose that COULD eventually lead to a community where a larger majority of residents are producers instead of simply consumers. Its not a bad idea if thats true.

@sebastiaosalgado1979

3 жыл бұрын

@@__-pl3jg yes, it is like you said, the franchiser "hiring" someone (in this case, the franchisee) to be like a manager who has the intention of buying the business in the future. But if this business model really works, that's another story...

@glennr9913

2 жыл бұрын

Normally, poor people never get the opportunity to become owners. Franchises require owners to have "X" dollars in "liquid assets" to purchase a franchise. This plan offers startup loans to poor people. That is the unique aspect. That's why the endowment funds were discussed & explained. "Big money" doesn't normally invest in "little people". They are starting slowly to see if this plan will actually work. If so, they will increase their funding.

This channel is SEVERELY underrated! I don’t understand how it doesn’t have millions of followers!

So happy you guys are growing. The videos you make are a treat

Looking forward to having you guys all over the world

@withlessAsbestos

3 жыл бұрын

2030: thanks to the health food from every table the average North Korean is as healthy as the average South Korean, outside of the radiation poisoning of course.

@c.kottman7843

2 жыл бұрын

and putting other small businesses out of business? No thanks, capping their own growth would be the best thing for them to do if they really want to practice what they preach and just aren't in it for the money.

Very sceptical about the funding model. Would think many people would invest in the franchise.

Only problem is, that Everytable’s wage system needs to be regulated tightly. Otherwise u might raise some ppl to franchise owners, but at the same time turn them into the ‘oppressors’ and leave their personnel to be underpaid. So since we can’t expand forever (and u’d have an impossible-to-fulfill exponential growth, if u tried to make every employee their own franchise owner) there need to be high wages, or better a partition in the franchise’s business. However, that would make it an equitable community solution that wouldn’t stand up to the capitalist branding anymore. Additionally, when Everytable would become as successful as other brands, not every employee would want to make this their life’s foundation, so that’s a big problem of this solution. I see, that Everytable’s mission is in their best intentions, but probably a bit naive, with no actual control over its outcome, when franchises are still held at a rather loose capitalist standard. The idea with foundations as capital givers is great tho.

@ottodidakt3069

2 жыл бұрын

agreed, that's why I would suggest 0% loans with the obligation to be a coop in which employees get a fair share ! otherwise you're just perpetrating the capitalistic unsustainable delirium with a little touch of of social marketing !

@glennr9913

2 жыл бұрын

@@ottodidakt3069 0% Loans are not sustainable. Money has opportunity costs.

@jonwatte4293

2 жыл бұрын

Someone who offers others a paid job at the rates or society determines, is not an oppressor. (Well, no more an oppressor than any other active participant in the same society...)

More of this please! so encouraging

Until the everytable hype dies out and Dorsia is still in 200K debt.

@nono-ck5xr

3 жыл бұрын

The most likely outcome

How can every table benefit me? Do I just have to eat ? Doesn’t this just help whoever owns the store..

@josephkillman5979

3 жыл бұрын

It sounds like they offer food for a decent price. The video did not talk much about the kind of food they have or what their profit margins are.

@fbarnea

3 жыл бұрын

It's not supposed to benefit you. The idea behind everytable is supposed to benefit you. If this started to happen in other industries, you could run a shop of whatever you are good at. But again, this is not aimed at someone content with a 40 hour week job, it's aimed at people willing to "run as fast as they can", to help them get ahead without capital.

How is this even remotely close to hacking capitalism? If anything, this is a pure product of capitalism.

@Distress.

3 жыл бұрын

Since capilism is still the best economic system but is uncool now because of trends of propaganda, people gotta pretend they're breaking the system as they work entirely within the system.

@josephkillman5979

3 жыл бұрын

It's just a friendier version of capitalism.

@TeodorKubena

3 жыл бұрын

@@josephkillman5979 no. It's pure capitalism. Nothing else. If your think this is something else, then you don't understand what capitalism is

Need more info on that loan

@TheXello

3 жыл бұрын

I agree. What happens if the franchise can't make money back to cover the loan? Who is doing the risk analysis for setting up the new franchise.

I like this. Money distributed among citizens not just a very few individuals continuously amassing wealth they don't even need

Dorcia -Probably had a hard childhood if she was raised in Compton. -Divorced twice -Single parent of multiple children -Works 2-3-4 jobs for multiple years -Studies on the side -STILL signs up for voluntary work -Keeps chin high, spreads love and hope, takes care of family Truly, truthfully the pinnacle of perseverance and wonder that a human being can become. She, and others like her deserve everything good in life that can possibly come to them, they're the real heroes of our societies! I love her already

So essentially the way foundations and money how they're supposed to work?

This was great! Thank you.

This is brilliant. Sign me up. If only we had one out in the Midwest.

How about a productivity comparison to the nations/groups who have employed UBI to help the disavdantaged? That nebulous ‘loan’ process will keep a lot of people from taking risks, while the security of UBI encourages them to do so.

@AiguilleVoodoo

3 жыл бұрын

A start up can't provide a UBI. This is completely irrational. The private sectors can't provide a UBI like governments can. Where would they get the money from? They don't receive taxes.

It's putting a spin on the way businesses were started years ago. Still I applaud those who are willing to invest in hard working people like Dorcia White-Brake. This woman has what it takes to be a successful business owner. God bless you Dorcia. If I'm ever in your area I will gladly give you my business. One hand washes the other does it not?

as a communist i would say this is actually a great step in the right direction to actually fight capitalism and slowly return to a socialistic system without collapsing the economy of the communities or mass organizations which actually seem pretty damn effective than even communist mass organization and revolution. the process seems slow albeit if done correctly this could effectively compete the façade of capitalism by making more people richer and someday just closing the wealth gap completely

@lennysmileyface

2 жыл бұрын

What if capitalism still has a place? I think support for more small business is the most important part.

Chic-fil-a has a great franchise system, but this is next level.

@glennr9913

2 жыл бұрын

Chic-fil-a has a hyper-profitable system. Whether or not it's "great" is a matter of perspective.

It’s funny how social economy seems like this revolutionary concept in America. This is happening since decades in Belgium and other social democratic countries. Except the money isn’t borrowed from private interests and foundations, it’s the government’s that provide. You know like they are supposed to ?

What if the business fails, especially such as a restaurant during a pandemic. Who pays that loan back? Dorcia the previously homeless woman? What protections are given to protect the person trying to make the business run? Also, are they given any education or training and mentoring for the first few years? On the flip side for the foundation, motivations are they given to protect the foundation’s investment if someone they choose decides to not put the work in or runs into unexpected setbacks? I’m all for it,but there are some critical things left out here in this video.

This makes my sad day just a bit brighter

Love it! 🌻Since companies must have an endowment to give money away, I feel that they should be required to LOAN 1/2-1% of their money to a hardworking indigent person. In doing so, they are helping support the regular people, who helped them become industry juggernauts in the first place. Plus, the companies will still benefit from the interest of the loan, contribute to helping a hardworking poor person’s ability to support themselves and their families, strengthen the neighborhood’s economy, and fight generational poverty, which will, in turn, improve education levels, drug addiction, and homelessness.

Yes this is worth celebrating and supporting.

There should be community gardens in every neighborhood in every city and small town in America. There should also be a gov program to help everyone grow there own vegetables at home.

wow talk about social justice, this should have been happening long ago, but hay, it's never too late. Whaat a wondefulr thing to see. Changing lives for the better. Empowering and humbling at the same time beautiful and Hi from Australia

Thank you so so so much!!!

Hurry up! I need every table in my town! Fast healthy food! Add soups and I’m sold!

Yeah that's not 'hacking' capitalism, that's just capitalism and that's how its supposed to work. All this oligopolic behaviour is _"Corporatism"_ and is akin more to the evils of Fascism than anything else. Capitalism is just "private ownership of the means of production." No where in the definition does it discuss policy. If a company wants to be ecologically minded or profit focused, they are still both STILL capitalist because they are both private, policy has nothing to do with the definition.

@redlight3932

3 жыл бұрын

everyone's jaded and have no clue how different economic systems work let alone what they're called 😂

I love this.

So Chick-Fil-A… this is very similar what Chick-Fil-A does. They fund all the capital, it’s just very hard to be selected because there are only so many stores that an economy can support. Same is true here. Not everyone will be selected but if you do, and work hard, it’s like winning the lottery.

fantastic initiative

Great idea. I hope it takes off!

It’s confidence in yourself to do these things. Just marching on blindly and going for it whether it’s the promotions or quitting a disliked job to start up on your own. Whether this scheme works or not depends on the people doing the training/ the support and the new owners themselves. It’s a great scheme. I hope they find the right people/ give the support needed to make it work.

Love this honest and beneficial conversation about wealth inequality and what we can do now to raise everyone up

Only a tiny portion of the global population has the opportunites to create sucessful businesses like this due to lack of capital. Imaine what humanity can acomplish if these barriers are removed! Love this.

Franchises in Australia do something similar, they prey on immigrants (usually from India) looking to get into a business venture, such as 7/11 subway, pizza hut. They get these people into big loans to pay the franchise to fit ovens and put a name up, and on top have to pay a % of the profits. A lot of these businesses go bust, and they're stuck with the debt, and the franchise moves onto the next victim. Now watching this video with that in mind, $150k loan for some unknown brand, to sell meals in lunchboxes. The business model for this guy is finding a "mark" that this foundation will acknowledge person who needs the money for venture - take the money (putting her into debt), rinse and repeat. The off-chance its a success, well hey, win-win, like any pyramid scheme he's at the top. All the best to her though.

@outtathyme5679

2 жыл бұрын

Yep. Who gets stuck with the liability if/when the biz fails?

@EvanC881

2 жыл бұрын

This was my first thought. I'm really skeptical about this model. I've seen "charitable loan" systems in the past more generally and there is always something scummy about them.

Kudos! It is about time people realized the best economy and culture is a blend of capitalism and socialism. Common sense at work. Literally.

Fantastic spirit, crossing the hard boundaries of ideology in order to serve actual human beings

Yeeeeees! Every table let's gooooooo!

Fresh ideas. Just awesome. Such a cool group. Makes me proud to be American.

Love it!

What a positive documentary! Wonderful stuff.....Prayers for Dorcia🙏🏼🍀 Go get ‘m girl!!!😘 Best wishes send from Canada👋🏼🇨🇦

One of America's biggest economic problems is that Reaganomics changed an economy which had been "a rising tide lifts all boats" to one where 99.9% of the people stay on shore while the .1% get all the new GDP produced. New ways for people to get investment capital can raise a lot of boats by simply putting them in the water where the system works for them as well. Most investment capital goes to the two coasts and fly-over country gets a lot less.

This idea is cool !!

Wow, that's the stuff that gives me hope in humanity.

@freethink

Жыл бұрын

Same.❤️

Awesome ❤️❤️❤️❤️

This is what the world needs more of. People, everyone, does better when they have Equity. When you Own your own Home and Work, it transforms your way of thinking. It changes the choices you can make in your life. Providing options that would not have been there before. Inspire more learning and growing. Wage Slaves and Renters are just Slaves. Systems built that for the Rich. But Systems are not all bad, we can benefit from them too. We live in a World of Systems. Systems Serve everyone one way or another. Why can't we have Systems like this one helping people provide for themselves and their families. These Systems, like the one used here, is a perfect example and I want to see more of it!

A great idea! Now, keep the government and politicians away from it and the world will get so much better!

Don't sleep on Danny Trejo's Donut shop cuz, lol 😂. I hope EveryTable comes to the East coast soon. Great concept.

Right on!

As a socialist, this seems like wealth redistribution but where the purse strings aren't controlled and conditions set by anyone but the institutions that are currently very rich and powerful i.e. the status quo is preserved.

This is amazing! ❤

This is a very nice concept

Love your content guys! Keep it coming!

I would like to see them institute a plan to recycle and reuse the plastic and other types of waste.

Best part of this video: found out Danny Trejo has a donut shop. Lol

What is the interest rate on those “charitable” loans? What are the contractual terms in relation to selling you business if need be?

So um... What happens when a restaurant flops before the loan is paid back?

Wow. Love everything about this.

@freethink

3 жыл бұрын

Glad to hear, thanks for watching!

Those stack of box in the van will collapse at the first braking.

#beaudful #beautiful #spectacular #amazing #abouttime #loveyourwork #everytable #realinvestment #goodjobmate

How come you guys posted two separate videos covering the same topic?

Wonder what makes them think that people would feel excited about spending their money on low quality factory-packaged cold food? I mean, go to any gas station and you'll see some pre-made stale sandwiches sitting at the refrigerator that no one is thrilled about. Seems like the same idea here.

@SP95

3 жыл бұрын

The quality seems better as well as the quantity

@blubaylon

3 жыл бұрын

@@SP95 Then why doesn't companies like Walmart do the same thing?

"Can we create a system where Dorsia herself can make hundreds of thousands of dollars a year, and maybe millions of dollars, and have a business worth multiple millions, send her kids to whatever school she wants to go to?" Why? Why would education be a privilege?

This is what an ethical business man will do - service the community too.

If the loans are low-interest how is that California Wellness Foundation supposed to get "returns on their investment" ??

Encouraging people to take debt to build up your brand is a genius strategy by everytable. But it is extremely hypocritical and vicious considering they don't have money and they take such a big financial risk.

@zaired

3 жыл бұрын

But having an opportunity to get a loan in the first place is something that not many people have... Most banks won't even get you a loan if you have ever lived on the street. It's not perfect but if you want to stay in a capitalist system that's the best way to build wealth... But if you want to build a social safety net for everyone that's a whole other conversation

Isn't lending to make a profit to enable further lending exactly what a bank does? In everytable's case, you can only get a loan to open a franchised restaurant, which seems rather limiting....

It's hard to believe that the CEO drives the truck... While all his products are stacked on top of each other like that 😀

This was straight up an ad for the company, no?

How is this different from any other lending based franchise, or charitable foundation? If the franchisee fails, or interest rates go up, the franchisee is still on the hook, right? The safety net of those born ahead comes from where they can fall back to to recover and bounce back. How is this salad bar changing that? I was hoping for details.

Bless u.

Make a video about an 'Auroville city Resource Based Economy' pls

what a great story ... Healthy food and support for deserving people ... great marketing concept as well

But what if their store fails? They are stuck with a loan

Most businesses fail. But this is a good start

There's an idea what if the companies running these "foundations" pay their taxes and people would get these loans directly from the government with laws in place to disperse these found in a fair way.

I like the model. Both its franchise and business model.

Such a good concept 🙌

First, yes he rocked the pink jacket. Bravo. Second, there's nothing new here. It's about how much risk investors are willing to take on. In this case, they are willing to take on more risk. The interesting part of this is that it's more risk based on an established system that has become so risk adverse that they are only lending to the rich. It's very much a case of the free market seeing the risk and seeing this risk as acceptable. This is going to happen more and more, as it should. Wall Street does not own the capital market and they have left this gaping hole of acceptable investments under serviced.

I want to open one

wow! love this concept

This makes no sense. Once Garcia gets rich, it'll just be the same rich people the founder wants to avoid helping

@TheSkystrider

3 жыл бұрын

What you said makes no sense. If the less fortunate are given opportunity to work their butts off to earn something worth a pretty penny, that's lifting people out of poverty. Do you understand "old money"? This is starting that trend in a new community and new family tree. Darsia's kids will inherit some or all of that wealth eventually but before that they will have opportunity to find job/career and/or invest and build a better quality of life. They aren't going to become "rich", they will become well off or wealthy. And that will perpetuate. It's highly likely to uplift family and friends via direct and indirect methods of influence. Just seeing your friend take on a paper route will influence you to find work and save up for that thing. I hope this works.

@blubaylon

3 жыл бұрын

I know right. This video makes no sense. How is this working against capitalism?

@blubaylon

3 жыл бұрын

@@TheSkystrider Making people wealthy by them "working their butts off" is still making them rich and the whole point is to put the power in the people's hands... The money that's making Garcia rich has to come from somewhere, and it's most likely the poor communities