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GENERAL QUESTIONS

What is BREAUX Capital?

BREAUX Capital is a digital financial institution designed to increase the financial wellness of Black Men across the global African diaspora. BREAUX Capital is the first venture founded by BREAUX and Company and we are fusing culture, education, and asset accumulation to provide an economic foundation for families within the African diaspora.

What is Financial Wellness? How Do You Define It

According to our extensive conversations across the country, and our research conducted in partnership with a grant from the National Science Foundation, we have grown to understand that financial wellness can be broken down into four interrelated components:

  1. Being able to take care of your basic needs
  2. Being able to handle a $1000 emergency – Legal Situation? Medical? Roundtrip Flight?
  3. Being able to take advantage of financial opportunities as they arise ( timely investing)
  4. Your closest friends (2-3) being able to take care of their needs, a $1000 emergency, while investing at will.

What products and services does BREAUX Capital offer?

BREAUX Capital offers automated asset accumulation, curated content, and access to exclusive events. BREAUX Capital provides financial coaching sessions to members to propel them on their way to financial wellness.

How does BREAUX Capital make money?

BREAUX Capital sustains itself through selling software membership packages via our platform. We provide value by aggregating the tech, tools, and resources for Black Men to become financially well. We also host paid events and sell branded merchandise.

Is BREAUX Capital a for profit or non-profit?

BREAUX Capital is a for-profit organization. We are firm believers that we don’t have to sacrifice money for the sake of doing well or sacrifice socially conscious activity for the sake of making money. We can do both at the same time, where capital meets community

Has BREAUX Capital taken venture capital?

Our team started BREAUX Capital with a $500 investment from the founders. We have proudly bootstrapped our way to this point and have a viable plan to grow with or without venture capital. This is the power of cooperative economics powered by Black millennials and innovators.

What's in it for me?

For members in The BREAUX 100, you are granted access to equity and the potential to share in revenue-generating opportunities via dividends, the opportunity to receive a “friends &family” equity investment from BREAUX Capital and access to beginner & intermediate level business startup education. You also have access to an internationally curated network of Black who want to see you succeed.

How did the founders meet?

The founders of BREAUX Capital met while attending Morehouse College. While studying sociology they crossed paths while concurrently studying abroad in Ghana – Accra, Kumasi and Tamale, specifically. They decided that as sociologists their contribution to society should not be just writing books and essays to detail social problems but they would develop sustainable solutions.

What are the founder’s professional experiences?

You want to learn about Derrius Quarles, visit:
https://www.derriusquarles.com and
https://www.linkedin.com/in/derriusquarles/

You want to learn about Ras Asan, visit:
www.rasasan.com and
https://www.linkedin.com/in/rolugbenga/ 

You want to learn about Brian Williams, visit https://www.linkedin.com/in/brianwms/

Is BREAUX Capital only for males?

Yes, we are for Black Men. Also, we are an open-minded organization that will not discriminate against trans-humans that identify as Black Men presently.

The reason we reserve Membership in our Family for Black Men is because we were founded with the idea of promoting safe and empowering spaces for Black Men to engage with one another. With that philosophy being core to our model, we think you’ll understand why we feel the need to carve out a space just for us. It’s like “the big piece of chicken rule” or “remote control privileges during the game”. If you are a Black Woman or identify as a Black Woman we would love for you to join www.sisscapital.com an organization for Black Women by Black Women, sponsored and supported by BREAUX Capital.

PRICING &
MEMBERSHIPS

What are the major differences between, The BREAUX 100 and BREAUX Emeritus?

BREAUX 100 is the premier of membership type, where Members receive:  an ownership stake within BREAUX Capital access to a fraternal community and discounts to BREAUX sponsored events, automated asset accumulation, and the opportunity to manage and operate portions of BREAUX Capital’s business operation.

BREAUX Emeritus is for those not so much interested in building BREAUX Capital from the inside, but they rock with the vision of Black Men uniting for a monumentally righteous cause. And they may want to automate their savings each month, or/and get the necessary skills and knowledge to put their money to work for them. BREAUX Emeritus Members may also see the value in having a financial coaching session with a Member of the BREAUX Capital Operations Team.

What is the withdrawal policy?

Our members are able to pull out their money without penalty after 6 months of membership. At this time, there are parameters around withdrawals that will be discussed after you apply.

Can I switch membership types?

Yes, you may switch from BREAUX Emeritus (non-shareholding) to BREAUX 100 (shareholding) at any time, given a 2-week notice in order to switch your membership track. Conversely, you can switch from BREAUX 100 to BREAUX Emeritus if you find that non-shareholding membership is a better fit for your lifestyle and aspirations.

Will I incur any penalties for leaving a particular membership tier?

Depending on the nature of your withdrawal from The BREAUX 100, penalties may be assessed. BREAUX Emeritus is much less stringent in its requirements, and no membership payments will be refunded even if you decide to disengage membership. The BREAUX 100 is an acceptance of accountability and an agreement for responsibility. So we get it, The 100 isn’t for everybody. But if you want to secure your Family’s legacy and financial wellness we want to make that happen without issue or fear of repercussion.

What forms of payment are accepted?

We accept all major credit cards including Visa, Mastercard, American Express. We process all payments directly on our platform, so its no need for third parties. If you have an issue paying, please reach out to hello@breauxcapital.com.

Is my information safe?

Yes. We use 128-bit Secure Socket Layer encryption, which is bank level security. Combined with intelligent IP blocking on our security systems which detects intruders and blocks them across before they even try to attack. Also, we pledge that we WILL NOT sell your information to outside parties.

How long will my membership last?

Membership will last one full year or 12 months. We’ve designed each style of membership to make sure that it benefits the member. We hope to have you as a member as long as we can and our aim is to be such an immutable institution that you’ll be referring your great-grandchildren to BREAUX Capital.

THE BREAUX 100 QUESTIONS

How will the funds be used that I contribute to the BREAUX Fund?

The money you contribute ultimately belongs to you. BREAUX Capital is not an asset manager and we do not assume any responsibility for profit returns or losses. Thus the money will go into the pot to be used for investment opportunities as they arise. The purpose of putting together the capital is for leverage and being able to quickly make moves as a unit. Organization is what BREAUX Capital provides, we leave it up to you to create the magic.

Where will the funds be held after I make a contribution?

Funds are collectively held Bank of America Corporation in an FDIC insured business account with 128-bit encryption.

The reason we elected to hold funds at Bank of America is that we are an international organization spanning coast-to-coast in the United States, so it was imperative for us to have a bank that is accessible in all 50 states. 

But don’t get it twisted, we are wholly aware of Bank of America’s, Wells Fargo’s J.P Morgans atrocities against the Black community and are actively working to be advocates against the culture of these white-owned financial institutions as seen in this TED Talk delivered by one of our Founders: https://www.youtube.com/watch?v=DsgxD7nn2Y8&t=

Can I deposit my savings at anytime?

Yes you can! However, first you must notify our Accountability Team to facilitate the transaction. Shoot an email to hello@breauxcapital.com and we will make it happen.

What protections are in place to ensure my money is safe?

The FDIC insures that all of our money is safe while it’s in in a bank (up to $250,000). And free services like Venmo allow us to transfer money safely free of charge, to make sure all of your contributions make it to your desired destination. As far as investments go, we cannot guarantee returns on any money invested. But this is the nature of investing. However, our analysis and aggregated knowledge decreases our risks and raises the probability of vast rewards.

What protections are in place to ensure that no member can take out funds in an unauthorized manner?

All funds are handled jointly with oversight from our Board of Directors, Accountability Team, and Investment Relations Team.

As a corporate entity, we must give an account of where our funds are being allocated. Additionally, BREAUX Capital has implemented a system of checks and balances so that large sums can never be withdrawn without just cause.

How long must I agree to contribute to the fund?

For as long as you see the benefit.

What will be the return on my investment?

100% Value Retention We guarantee your account will never lose value, but we cannot guarantee it will gain value. We can assure you that you will not leave with any less than you came. Unless you break the rules, then you leave with nothing.

Disclosure: BREAUX Capital isn’t a financial manager, we don’t manage indexes to give you a detailed quarterly breakdown of projected returns. That’s not how this works. The return on your investment will vary depending on several factors. We provide the ability to have capital and leverage connections to make investment deals in real-time. So we give you what you need to make good deals happen to return profits, but we can’t automate deals for you.

How much will it cost? How will the funds be taken out of my account for the bi-weekly contribution?

Just like your Netflix or Hulu subscription, it’s taken directly out of your account. Simple. From there your funds are safe and secure in an FDIC insured account, complete with cutting edge security and firewalls to protect your information from identity theft. You pay for your annual subscription upfront. Your average bank fees will be around $12/month, and they are not actively engaged in helping you make more money at the end of the year. We are.

What is a non-disclosure agreement and why are you requesting I sign one to join BREAUX Capital?

There is a ton of work that went into BREAUX Capital, and any of our intellectual property you may have access to is valuable. We need to know that our valuable work is not in danger of being usurped, thus decreasing the value of our assets. The thing is, if you’re really “100” you violating our values, won’t even be an issue, right?

Is BREAUX Capital only for Black people? What about other minorities and white people?

It’s no secret that Black & Hispanic populations often suffer from identical issues in different ways. As so-called “minority cultures” we have a natural distrust with mainstream financial institutions. BREAUX Capital was designed with Black Men in mind and its solutions and remedies can be applied to Latino communities as well. And if the white side of The Family sees value in automating their savings, aye we salute them too! Just know, our brand’s flavor will always have hot sauce on it, ya dig?

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