i know we don't do this here....but i need your support ✪Promo✪

questions questions​
i am a one man band

you can tell from the tenor and ferocity of the animosity and distrust in this thread what i am dealing with

when i emailed the ga commisoner of insurance 3 years ago he laid out the process step by step

step one

get the money

after that i would estimate 3 months till profitability

financial freedom forever about 3 years after that

:cool:

 
that is the entire country

can launch with a mil and build from there in a few months

:cool:
Other than being "black" what are you going to do differently than other insurance companies?

Insurance companies make money by either not paying out claims or under paying them. Also, by having high premiums to cover basic costs and profits.

Lastly, a mil is the bare minimum to get started. So what are your plans for staffing and other expenses in addition to the mil that I'm guessing will be locked away in sort of escrow account?
 
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Other than being "black" what are you going to do differently than other insurance companies?​
100% coverage
$0 deductible
for 20% less than whatever you are paying now​
Insurance companies make money by either not paying out claims or under paying them.
Also, by having high premiums to cover basic costs and profits.​
running an insurance company is 94% profit

Screenshot-2025-06-09-at-10-03-56-AM.png

the reason they dole out coverage and make you pay for every possible perk and privilege
is to give you the impression that your coverage is valuable and scare you into never filing a claim

so far its been working pretty good​
Lastly, a mil is the bare minimum to get started.
So what are your plans for staffing and other expenses
in addition to the mil that I'm guessing will be locked away in sort of escrow account?​
the mil is a bond that goes to the state

the company is app based and claims adjustment companies can be hired per quarter

call center can be set up in india in 90 days

we can build as we need to

:cool:
 
@clitsational you know with out a clear and concise business plan, without proof of concept, along with a whole bunch of other pertinent information its going to hard to get anyone to donate.
I am always looking for passive income, there is just not enough detail in your pitch for me.
I wish you well, but for the above reasons, my financial sense says no.
 
Also, there's not a lot of older people who know about apps, so, if you want older people then you're gonna have to do things the old school way that are simple for people to understand and willing invest in your service but they will also say they already have a company they trust instead of yours.

But good luck, I hope you reach your goal.
 
i am a one man band

you can tell from the tenor and ferocity of the animosity and distrust in this thread what i am dealing with

when i emailed the ga commisoner of insurance 3 years ago he laid out the process step by step

step one

get the money

after that i would estimate 3 months till profitability

financial freedom forever about 3 years after that

:cool:

C'mon homie. Do you think if you went on Shark Tank or setup an investor meeting with this same information you would get the money you're seeking? You have brought up two different states thus far GA and DC. The GA commissioner is giving you information on setting up in Washington DC? I don't think states have the same rules, laws and regulations for car insurance.

We have whole ass threads dedicated to supporting BGOL members here. @BronxBomber and his oil fragrance business had a site, gave info about his process. I am pretty sure he's LOST money from the BGOL 15% discount code! You gave a Tik-Tok? You want our dollars, we want information!
 
Only the world banks can fund KIA insurance policies.

What you mean ?
DId you go look at his website ?

This is clearly on the up and up !!!

I copy and pasted it, for you.


Trust

When I say "I GOT YOU" you can trust and believe I mean it.




I mean what could go wrong ? He got you !!!
 
@clitsational , Try this:

Proposal Template for Crowdfunding an Insurance Venture

Project Title: [Choose a professional and inspiring title, e.g., "Main Street Mutual: Rebuilding Insurance on Trust" or "Capital First Assurance: An Insurance Company for Our Community"] - If Riding with Keno is the name, the look and feel doesn't inspire trust across the board.


The insurance industry often feels impersonal and complex. We're building a new kind of insurance company right here in Washington D.C., founded on transparency, fairness, and a focus on the black community. Your support will help us clear the first legal hurdle: securing the state-required bond to begin operations.


Full Campaign Description


The Problem: An Industry That Has Lost Its Way

For too long, the insurance industry has felt like a maze. We pay our premiums faithfully, but when we need help the most, we're often met with confusing policies, slow claims, and a feeling that we're just a number in a spreadsheet. The focus has shifted from protecting people to maximizing profits, leaving many of us feeling underserved and undervalued.

Our Vision: A Return to Community-First Insurance

We believe it's time for a change. We are creating [Your Insurance Company Name], a new insurance provider built from the ground up to serve the people of Washington D.C.

Our core principles are:

  • Radical Transparency: Policies written in plain English, so you know exactly what you're covered for. No hidden clauses, no surprises.
  • Technological Efficiency: By leveraging modern technology, we can cut down on administrative bloat, reduce overhead, and pass those savings directly on to our members through more competitive rates.
  • Community Focus: We're not a faceless corporation in another state. We are building this in D.C., for D.C. Our goal is to reinvest in the community we serve and to be a trusted local partner.

About Me & Our Team

My name is Clitsational, and I am the founder of this initiative. My passion for this project stems from [briefly explain your personal motivation - e.g., "a frustrating experience with a claim," or "seeing my community struggle with inadequate coverage"].

My experience in the insurance industry is...
(This is the critical section. Be specific, honest, and confident. Here are prompts to help you fill it out):


  • Example 1 (Direct Experience): "I have worked for X years as a [Your Role, e.g., Claims Adjuster, Underwriter, Broker] at [Previous Company]. In that time, I saw firsthand the inefficiencies and frustrations that customers face, which inspired me to design a better system."
  • Example 2 (Adjacent Experience): "While my background is in [Your Field, e.g., Finance, Technology, Small Business Management], I have spent the last [Number] months/years intensively studying the regulatory landscape of the insurance market, working with industry mentors, and developing a comprehensive business plan to tackle its key problems."
  • Example 3 (Limited Experience - Honesty is key): "I am a passionate entrepreneur who has identified a clear need in the insurance market. While I am not a veteran of the industry, I have built a team of advisors with deep expertise in insurance regulation, underwriting, and financial planning to guide this venture. Our lead advisor, [Advisor's Name], has over 20 years of experience with [Relevant Company/Field]."

The Plan: Phase 1 - Securing Our Legal Foundation

Starting an insurance company is a heavily regulated process, and for good reason—it ensures consumer protection. The very first official step in our journey is to secure a surety bond as required by the District of Columbia Department of Insurance, Securities and Banking (DISB).

This bond is not for operational costs; it is a financial guarantee held by the state to protect future policyholders. It proves we are serious, financially sound, and ready to comply with the law.


This is where we need your help.

Our initial funding goal of $1 Million Fucking Dollars is dedicated solely to achieving this first critical milestone.


How the Funds Will Be Used:

  • State-Required Bond for D.C.: $1 Million Fucking Dollars
  • Legal & Filing Fees: $300,000 USD
  • Platform & Processing Fees (Kickstarter etc.): [~5-10% of the total]


Our Roadmap to Launch

Securing this bond is just the beginning. Your support unlocks the next phases of our plan:

  • Phase 2: Seed Funding & Regulatory Approval: With the bond secured, we can officially file our application with the DISB and begin conversations with seed-stage investors to fund our operational launch.

  • Phase 3: Platform Development & Team Building: We will build our user-friendly online platform and hire a core team of licensed professionals.

  • Phase 4: Go Live! Begin writing our first policies and serving our founding community members in Washington D.C.

Why We're Crowdfunding

We are turning to the community first because we want to build this company with the community. This isn't just about raising money; it's about building a coalition of founding supporters who believe in a better, fairer way to do insurance. Your $1, $5, or $50 contribution is a vote of confidence and a message to the old guard that it's time for a change.

Rewards for Your Support

Since we are a financial services company, we cannot offer equity or financial returns through this platform. Our rewards are about recognition and being part of the journey.

  • Pledge $1+: A huge virtual thank you and your name included in our official launch announcement as a "Founding Supporter."
  • Pledge $25+: All of the above, plus exclusive access to our "Founder's Circle" quarterly email newsletter with behind-the-scenes updates.
  • Pledge $100+: All of the above, plus your name will be listed on a permanent "Founding Supporters" page on our future website.
  • Pledge $500+: All of the above, plus a limited-edition company T-shirt once we're operational.

!! Important Legal Disclaimer !!

  • This is a donation-based crowdfunding campaign. Contributions are considered gifts and are not an investment. You are not purchasing shares, equity, or a promise of financial return.
  • The insurance industry is highly regulated. The successful acquisition of this bond is only the first of many steps. There are significant regulatory, financial, and market risks ahead, and there is no guarantee of a successful launch. Your contribution supports our attempt to meet these challenges. We strongly advise you to consult with your own legal and financial professionals before making any decisions.
 
@clitsational , Try this:

Proposal Template for Crowdfunding an Insurance Venture

Project Title: [Choose a professional and inspiring title, e.g., "Main Street Mutual: Rebuilding Insurance on Trust" or "Capital First Assurance: An Insurance Company for Our Community"] - If Riding with Keno is the name, the look and feel doesn't inspire trust across the board.


The insurance industry often feels impersonal and complex. We're building a new kind of insurance company right here in Washington D.C., founded on transparency, fairness, and a focus on the black community. Your support will help us clear the first legal hurdle: securing the state-required bond to begin operations.


Full Campaign Description


The Problem: An Industry That Has Lost Its Way

For too long, the insurance industry has felt like a maze. We pay our premiums faithfully, but when we need help the most, we're often met with confusing policies, slow claims, and a feeling that we're just a number in a spreadsheet. The focus has shifted from protecting people to maximizing profits, leaving many of us feeling underserved and undervalued.

Our Vision: A Return to Community-First Insurance

We believe it's time for a change. We are creating [Your Insurance Company Name], a new insurance provider built from the ground up to serve the people of Washington D.C.

Our core principles are:

  • Radical Transparency: Policies written in plain English, so you know exactly what you're covered for. No hidden clauses, no surprises.
  • Technological Efficiency: By leveraging modern technology, we can cut down on administrative bloat, reduce overhead, and pass those savings directly on to our members through more competitive rates.
  • Community Focus: We're not a faceless corporation in another state. We are building this in D.C., for D.C. Our goal is to reinvest in the community we serve and to be a trusted local partner.

About Me & Our Team

My name is Clitsational, and I am the founder of this initiative. My passion for this project stems from [briefly explain your personal motivation - e.g., "a frustrating experience with a claim," or "seeing my community struggle with inadequate coverage"].

My experience in the insurance industry is...
(This is the critical section. Be specific, honest, and confident. Here are prompts to help you fill it out):


  • Example 1 (Direct Experience): "I have worked for X years as a [Your Role, e.g., Claims Adjuster, Underwriter, Broker] at [Previous Company]. In that time, I saw firsthand the inefficiencies and frustrations that customers face, which inspired me to design a better system."
  • Example 2 (Adjacent Experience): "While my background is in [Your Field, e.g., Finance, Technology, Small Business Management], I have spent the last [Number] months/years intensively studying the regulatory landscape of the insurance market, working with industry mentors, and developing a comprehensive business plan to tackle its key problems."
  • Example 3 (Limited Experience - Honesty is key): "I am a passionate entrepreneur who has identified a clear need in the insurance market. While I am not a veteran of the industry, I have built a team of advisors with deep expertise in insurance regulation, underwriting, and financial planning to guide this venture. Our lead advisor, [Advisor's Name], has over 20 years of experience with [Relevant Company/Field]."

The Plan: Phase 1 - Securing Our Legal Foundation

Starting an insurance company is a heavily regulated process, and for good reason—it ensures consumer protection. The very first official step in our journey is to secure a surety bond as required by the District of Columbia Department of Insurance, Securities and Banking (DISB).

This bond is not for operational costs; it is a financial guarantee held by the state to protect future policyholders. It proves we are serious, financially sound, and ready to comply with the law.


This is where we need your help.

Our initial funding goal of $1 Million Fucking Dollars is dedicated solely to achieving this first critical milestone.


How the Funds Will Be Used:

  • State-Required Bond for D.C.: $1 Million Fucking Dollars
  • Legal & Filing Fees: $300,000 USD
  • Platform & Processing Fees (Kickstarter etc.): [~5-10% of the total]


Our Roadmap to Launch

Securing this bond is just the beginning. Your support unlocks the next phases of our plan:

  • Phase 2: Seed Funding & Regulatory Approval: With the bond secured, we can officially file our application with the DISB and begin conversations with seed-stage investors to fund our operational launch.

  • Phase 3: Platform Development & Team Building: We will build our user-friendly online platform and hire a core team of licensed professionals.

  • Phase 4: Go Live! Begin writing our first policies and serving our founding community members in Washington D.C.

Why We're Crowdfunding

We are turning to the community first because we want to build this company with the community. This isn't just about raising money; it's about building a coalition of founding supporters who believe in a better, fairer way to do insurance. Your $1, $5, or $50 contribution is a vote of confidence and a message to the old guard that it's time for a change.

Rewards for Your Support

Since we are a financial services company, we cannot offer equity or financial returns through this platform. Our rewards are about recognition and being part of the journey.

  • Pledge $1+: A huge virtual thank you and your name included in our official launch announcement as a "Founding Supporter."
  • Pledge $25+: All of the above, plus exclusive access to our "Founder's Circle" quarterly email newsletter with behind-the-scenes updates.
  • Pledge $100+: All of the above, plus your name will be listed on a permanent "Founding Supporters" page on our future website.
  • Pledge $500+: All of the above, plus a limited-edition company T-shirt once we're operational.

!! Important Legal Disclaimer !!

  • This is a donation-based crowdfunding campaign. Contributions are considered gifts and are not an investment. You are not purchasing shares, equity, or a promise of financial return.
  • The insurance industry is highly regulated. The successful acquisition of this bond is only the first of many steps. There are significant regulatory, financial, and market risks ahead, and there is no guarantee of a successful launch. Your contribution supports our attempt to meet these challenges. We strongly advise you to consult with your own legal and financial professionals before making any decisions.
A good presentation will only further help disguise a poor planner.
 
I hope you get your money. But the homey just trust me take is not going to get you far. I wish you all the success tho.
 
Or .. cause him to think. Sometimes grandiose ideas evolve into more suitable and manageable projects once they have have been “tested”

@clitsational .... I apologize for what I'm about to do.



Clitsational - "Gimme $1 and I'll give you back .001 percent of the target amount (1 mil) which equals to the profitability of the profit share which is $10. $10 of market share when the profits equals profitability. The more you contribute.... hit that cash app."

BGOL - "HUH"?

Clitsational - "let's keep this in our community. Hit that cash app."

BGOL - "Yeah...... but how this shit works? We giving you money for what?"

Clitsational - ..........(silence)..................................................................................cash app $10
 
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