Chapter 56: Business Plan
Darren leaned against the kitchen counter, phone pressed to his ear as he listened to Rico's familiar voice.
"How you been, man?" Rico asked.
"I'm good. Still breathing," Darren replied. "Honestly man, it's been forever. You're calling my old cell right now. I've changed it to a new one, I'll send it to you later."
"Alright. Hey, is that really you? Your voice sounds kinda... deeper."
Darren chuckled. "I guess it's been that long, huh? You know, I actually swung by looking for you once at DataForge, but you weren't there."
Rico paused. "DataForge? Why would you go looking for me there? I mean, I know the place."
'Ehhhhhh?!!! Shit.'
Darren facepalmed. Right. He got the timeline wrong again. Rico hadn't started working at DataForge yet. He needed to be more careful about these slips.
They continued catching up, exchanging small talk about life and old times. Then Rico shifted gears.
"You still living on Malegreen Street?"
Darren hesitated, thinking it over. "Yeah. I do."
Rico seemed to mull something over. Then he said, "Okay, okay. Maybe I'll pay you a visit sometime. See you and your mom."
Darren nodded to himself. "That's fine. Just make sure to call first."
A beat of silence. Heck, he sounds masculine and stern as hell. I know that's a weird thing to say, but this doesn't sound like the Darren I know at all.
Oh well. Then Rico snorted. "As you demand, champ."
"See you around."
"Yeah. You too."
The call ended. Darren lowered his phone and stared at it for a moment. Something about that call was… strange.
It was pretty off-putting for Rico to call him out of nowhere like that, just to catch up.
One could say that maybe Rico was in a tight spot and needed some cash. But Rico wasn't dumb — would know that Darren wouldn't be any much better than him when it comes to cash.
So what was he up to?
Did he know Darren was rich now?
He clicked his tongue. "Tch. Always like hackers to be nosy."
'Speaking of hackers…' he looked around. 'Where is Kara? She still hasn't returned from the errand I sent her on.'
Shaking off the thought, Darren walked to the fridge and grabbed a Tasties snack. He ripped the wrapper open with his fingers, took a bite, and settled onto the couch.
'I was hoping to watch Business Everyday to see if they had something informative about what's going on in the business world, but all they ever talk about is Bitcoin, and now me. Jeez, their grudge with cryptocurrency isn't going to do anything. Nothing is stopping Bitcoin's rise.'
He made himself comfortable. 'And mine alongside it.'
"System, preview the information on how to set up my Crypto Investment Company. Let me go through it and study more. Once Kara gets back we'll have to begin in earnest. I think we should start the month strong with a successful first week."
A moment later, a sleek purple interface materialized in front of him.
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┏SYSTEM INITIALIZATION: BUILDING A CRYPTO INVESTMENT COMPANY┛
┏Objective: Establish a structured and legally sound crypto investment firm leveraging pre-knowledge of Bitcoin's price trends.┛
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Darren had come up with this business idea last month after his second Bitcoin purchase and after the system had explained Financial Paradox and other activities that he could use to his favor because of the regression.
He planned to create an investment company which would have subsidiaries for crypto, real estate and solid investments.
But he was to begin with crypto first, since it was where he had leverage. If he built it properly, he could then explore into the other subsidiaries.
The system continued the explanation.
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┏PHASE 1: FOUNDATION AND PLANNING┛
┏• Entity Type: Register as a Limited Liability Company (LLC) or Corporation for legal protection.
• Jurisdiction: Choose a crypto-friendly country or capitalize on present country where crypto is unpopular and become a pioneer. Use crypto-friendly countries for branches.
• Company Name: Select a trustworthy, imposing or catching brand ┛
┏Legal Compliance:
• Obtain necessary investment and money transmitter licenses.
• Ensure adherence to AML (Anti-Money Laundering) and KYC (Know Your Customer) regulations.
• Hire a specialized legal team to draft contracts and protect company assets.┛
┏Business Model:
• Charge a 2% management fee and 20% performance fee from investors.
• Target high-net-worth individuals, family offices, and institutional investors.┛
┏PHASE 2: TECHNICAL INFRASTRUCTURE┛
┏• Crypto Wallets: Secure tracking accounts through Ledger/Trezor.
• Trading Platform: Utilize Binance, Kraken, or Coinbase Pro for high-volume transactions.
• Software Development: Build a proprietary trading algorithm and real-time monitoring dashboard.
• Security Measures: Implement multi-signature wallets and hire cybersecurity experts to prevent breaches.┛
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That made Darren smirk. This was going to be airtight.
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┏PHASE 3: HIRING AND TEAM BUILDING┛
┏• CTO, CFO, Legal Counsel, and Marketing Director to handle operations.
• Traders, cybersecurity specialists, and investor relations managers for expansion.
• Enforce strict NDAs to protect proprietary knowledge.┛
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Darren had been thinking a lot about this part. Who to employ. He had some names in mind, but he would have to offer them catching incentives to bring them in from their present employers.
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┏PHASE 4: FUNDRAISING AND INVESTOR RELATIONS┛
┏• Use personal funds to kickstart operations.
• Develop a pitch deck showcasing pre-regression Bitcoin market insights.
• Ensure investors pass KYC verification before onboarding.┛
┏PHASE 5: EXECUTION AND AUTOMATION┛
┏• Deploy automated trading bots for precise entry/exit points.
• Maintain multiple tracking accounts to diversify risk.
• Provide monthly reports to keep investors engaged.┛
┏PHASE 6: SCALING AND EXPANSION
• Launch a professional website and establish an online presence.
• Introduce Ethereum and altcoin investment products.
• Expand to global offices in key crypto hubs.┛
┏PHASE 7: RISK MANAGEMENT
• Prepare contingency plans for market crashes or hacks.
• Maintain emergency funds for operational stability.
• Diversify into stocks and real estate when crypto volatility spikes.┛
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Darren placed a finger on his jaw. "Most of these are very easy to grasp, but what I'm most interested in is for this company to be successful. And I mean staggeringly successful, System."
He thought for a moment. "Can you show me some success indicators that I can check to know that my company is on the right path?"
Ding! The Investor System responded;
┏Success Indicators:
✔ Consistent profitability
✔ Growing investor base
✔ Recognized authority in the crypto community┛
"Thanks!" Just as Darren leaned forward, ready to deep-dive into the financial structuring, a knock echoed at his door.
He frowned.
Who the hell would come unannounced?
Standing up, he walked over and pulled it open.
His eyes instantly widened at the person, standing there, staring back at him.
It was the news reporter chick. Brooklyn Baker.
What do you think?
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