Saturday was GREAT!
I spoke at BOSS BRUNCH in Washington, D.C. and was on stage with Shawn Thomas- Ask a Millionaire! He dropped some major knowledge on everyone and it was wonderful. The entire speaking line up was excellent. And I will be collaborating with some of the people there. It was a great first talk for the year. I met so many cool people. I am considering being on the line up for Florida in April. I am thankful to Tarra Jackson for putting this together. She is busy and could have easily decided to spend her time elsewhere.
If you were there, please post a comment about the event!
Local businesses turn to #crowdfunding for support
If you are unfamiliar with how crowdfunding can work for your business, this article gives some great examples
BBC News Reports That Funerals paid for by crowdfunding are on the rise
This is a problem that could be solved by having insurance.
Need more crowdfunding information? Get the New Book Crowdfunding Made Simple (click the book)
Moving to a New House
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Ever since the 2014 U.S. mandate which required a phase-out of incandescent lights in the retail market in favor of LED (light emitting diode) lighting due to environmental concerns, the LED industry has experienced tremendous sales growth and commercial deployments. With an innovative and highly successful “no money down” business strategy, ForceField Energy, Inc. (NASDAQ – FNRG) is helping lead the industry’s charge.
Across the U.S., 60-watt and 40-watt incandescent bulbs have been phased out and are no longer available for retail sale. These bulbs have been largely replaced by LED lights which are considered “green” and environmentally friendly due to the absence of dangerous chemicals. More important, using these lights reduces your energy consumption by 50-75%! Also, the LED lights’ directional output can provide better directional light than incandescent or fluorescent bulbs. Plus, the payback (return on investment) on commercial lighting replacements with LED is very short.
Given these very favorable characteristics, industry estimates suggest that U.S. federal, state and local governments could save billions in energy costs. That is why the estimated replacement market worldwide represents a $1 trillion opportunity.
It is no wonder that ForceField’s stock is trading at an all-time high.
ForceField currently boasts more than $100 million in bid proposals and potential revenue over the next few years, through its signed contracts, letters of intent, pilot programs, and official bids, with government entities and major corporations. Sample deployments include municipal LED street light conversion projects driven by state and federal initiatives such as the President’s Challenge for Advanced Outdoor Lighting and the DOE’s Better Building Program.
In these large scale and high profile deployments, ForceField works in concert with utility and financing leaders to offer an energy efficiency financing program that does not require an upfront capital outlay. This shrewd financing approach substantially reduces customers’ upfront costs which is so important for governments with strapped budgets, making it a no-brainer. Plus, it enables ForceField to generate very significant revenue over a multi-year timeframe, thus maximizing profit potential.
The company’s approach and high profile contracts have led to record high stock prices and an increase in Wall Street price targets. Investment pros likely see the benefit of ForceField’s positioning. At the rate management is securing new business ForceField Energy is primed to cement its status as a major player in the LED industry.