Kyle Stevenson
Powell, OH (USA)
Role(s):
Founder/Owner/Principal
Free Market Solutions, llc
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Startup
Location:
Powell
Industry:
Internet
Year Founded:
2008
Number Employees:
1-10 people
Description:
Free Market (URL removed) is a virtual convention/community center providing a positive inspiring environment where people can come together to be part of the solution. By voluntarily making tax deductible donations within private budgets and benefiting their favorite causes, they will see and learn about other great charities and can watch many inspiring stories. Small amounts of money from large numbers of people will create significant revenue streams for hundreds possibly thousands of nonprofit organizations each year while simultaneously rescuing thousands of families each month trapped in toxic mortgages. Our solutions also provide the ability to financially assist in funding High School fine arts & athletics programs suffering budgetary shortfalls and cuts nationwide. And for the cherry on top of the sundae, each dollar donated = 1 opportunity to be financially thanked with revenue streams funded via FMS revenues ranging from $100's to $100,000's. We do not operate or claim to act as a raffle, lottery, banking or lending institution, both rewards or rescues cannot be guaranteed but, we believe the more money we can put back into the pockets of generous donors and charities, the more people that will attract and continue to visit and donate.
Our goal is 20 million people donating a minimum of $15 each month. Quickly reaching our goal will create monthly revenue streams averaging $1.65 million per hosted fund raising event benefiting over 60 NPO held events each month, as well as rescue an average of 2200 families. Our solution will fund our High School A&A programs with over $23 million and FMS will “reward” thousands of opportunities each month with over $122 million. FMS will retain 18% of gross donations producing our own revenue stream of over $53 million. Revenue stream periods will be 6- 36 months.
Free Market Solutions will profit from 3 other revenue sources including a onetime $5.99 enrollment-verification fee required if participants desire to become eligible for prizes and financial payments as well as any trouble homeowner in need of rescue. (currently there are over 14 million troubled home owners nationwide.) Our third source of revenue will stem from web site advertising sales. Our 4th revenue source results from the difference of the initial rescued amount and the negotiated pay off amount to the lender on each distressed mortgage- determined on a case by case basis.