Skip to main content

Mainvest Lets You Become a Local Business Investor For as Little as $100

Some of the links in this post are from our sponsors. We provide you with accurate, reliable information. Learn more about how we make money and select our advertising partners.

How cool would it be to invest in the success of small businesses across the country — and get a piece of that success yourself?

That’s what a company called Mainvest is doing to make it easy for people living all over the country to invest in small businesses and earn passive income.

Instead of fronting a ton of cash to invest in some global conglomerate that doesn’t affect you at all, you can invest in local small businesses that you can personally benefit from, too.

And all you need is $100 to do it.

The ‘Have Your Cake and Eat it, Too’ Investment Strategy

When you invest in a local business through Mainvest, like Lil Mama’s sandwich shop in Chattanooga, or Provision Coffee Roasters in Phoenix, you’re investing in real small business owners.

For as little as a $100 investment into a local small business like a brewery, cannabis business or bakery, you may earn returns quarterly as the business grows, thanks to your investment.

And if you live locally, you can sip, eat and shop to support them, too. It’s a double-dipping situation when it comes to helping your community.

Finding your next Main Street, USA investment is simple on the Mainvest website. You can sort opportunities with filters like location, industry and minority-owned shops. Each business’ page has information about their story, goals, milestones and more, so you can make the right decision about where to invest your money.

Earn Up to 3x Your Money*

Just because Mainvest works with small businesses doesn’t mean the potential for returns is small.

Offerings often target between 10% and 20% IRR on your investment (that’s a fancy-sounding way to estimate how much money you could make back).

For example, Ivyee’s Everything Honey in Boston, MA offered 1.5 times returns on investment. So if you had invested $1,000, they would have shared their quarterly revenue with you until they paid you back $1,500.

Some investments offer other perks for their investors (in addition to earning money!) like invitations to grand openings, branded merchandise or even free pizza for a year.

Growing your investment portfolio with Mainvest is a great opportunity to build passive income. When you sign up for a free account, link your bank account and choose your first local investment, you could earn money every quarter from the small businesses you support  in your community.

*All of the investment opportunities on Mainvest contain risk and it is not guaranteed that any investment will generate a return. Only invest if you can afford to lose your entire investment 

This was originally published on The Penny Hoarder, which helps millions of readers worldwide earn and save money by sharing unique job opportunities, personal stories, freebies and more. The Inc. 5000 ranked The Penny Hoarder as the fastest-growing private media company in the U.S. in 2017.



from The Penny Hoarder https://ift.tt/2ZxWhTb

Comments

Popular posts from this blog

Everyday Items That You Can Recycle for Money

Why toss things in the trash when you can recycle them — and make a little money in return? By diverting certain items from the waste stream and keeping them out of landfills, you can also make extra money or help out worthy causes. From scrap metal to ink cartridges, bottle caps to construction materials, you can recycle a huge variety of items in exchange for cash. We’ve also included information on how to recycle items for the sake of good will. Ready to see all the different things you can recycle for money? How to Recycle Household Items for Cash First, you’ll need to find a recycling center or collection point that is looking for what you want to get rid of. While the goal is to make money, you might settle for a donation — which could be tax deductible — if it means clearing out the garage. The collection center will also let you know how to prepare items to their specifications. Find a Collection Point To find a recycling center near you, head to Earth911.com and plug in

Fizz Debit Card Review: A Credit Builder for College Students

If you’ve struggled with poor credit or are completely new to credit, you know how hard it can be to build a strong credit score. The lenders who offer the best credit products and the lowest interest rates seem only to want to deal with clients with excellent credit. But how do you build credit without debt ? To help, an increasing number of fintech companies are developing credit-builder loans and other products to help people establish or rebuild their credit. Some are more successful at it than others. In this Fizz review, I’ll explain how one company aims to help college students build credit and create healthy financial habits. But how does Fizz work, and is it safe to use? I’ll answer those questions and more in this Fizz review. Table of Contents What Is Fizz? How Does Fizz Work? How Does Fizz Make Money? Key Features of Fizz Build Credit Control Spending Earn Rewards Learn About Money Pros and Cons of Fizz Fizz Alternatives Extra Debit Card Sesame Cash

How to Ask Your Manager for Feedback (& easily impress them)

Your manager is either your greatest friend, or your biggest obstacle. No matter where your manager stands on this spectrum, getting feedback from them is going to be a valuable resource for your professional growth so this is something you should be doing consistently at work if you want to get more promotions and raises. […] Source from I Will Teach You To Be Rich https://ift.tt/XNUxhGu