Brief Summary
This YouTube video is a training session for the Lightning Shared Scooter Company (LSSC), led by Professor Eric. The session covers various aspects of the LSSC business model, including new member rewards, legal credentials, company background, diversification of income, and strategies for maximizing profit. It also addresses common questions and concerns about the platform, emphasizing its long-term vision and the importance of teamwork and continuous learning.
- LSSC is presented as a global brand with a mission, offering opportunities for passive income.
- The training emphasizes the importance of understanding LSSC's business knowledge and maintaining a spirit of helpfulness and mutual support.
- The session addresses concerns about the platform's sustainability, highlighting its diversified income streams and long-term profit model.
Intro and Welcome
Professor Eric welcomes everyone to the LSSC training session, expressing his support for LSSC as long as they meet their requirements, which includes timely payments. He encourages attendees to conduct their own research for questions beyond the training and provides resources such as the Hong Kong consulate and the company's business registration number for accessing financial information. He also acknowledges and welcomes new members, as well as returning members and graduates, highlighting the journey they are embarking on with LSSC.
Shoutouts and Introductions
Professor Eric welcomes and acknowledges attendees, including first-time participants, returning members, and graduates. He defines LSSC as a movement and a company on a mission to become a global brand, emphasizing that joining LSSC is a great decision. He welcomes back day two attendees and congratulates day five graduates, encouraging them to climb the management ladder within the company.
Grandma's Message and New Member Rewards
Professor Eric introduces the purpose of the class: to learn LSSC's business knowledge and master the skills to increase passive income. New members who attend five consecutive days of training receive $50 and five points, while the person who referred them gets $20 and five points. Managers will review learning progress, and failure to master LSSC basics within 15 days may result in termination and a refund of the rental fee. He stresses the importance of maintaining helpfulness, solidarity, mutual assistance, and mutual support.
Summary Format and Legal Credentials
The training emphasizes the importance of submitting a daily summary with the attendee's name, day of training, account number, instructor's name (Professor Eric), and five key points learned. Fifth-day graduates are required to submit a video summarizing their learning and future goals. The session also covers LSSC's legal credentials, including the business registration number in Hong Kong, the MSB license number with the Department of Treasury, and the certificate of incorporation in Colorado.
Company Background and Diversification
LSSC was founded in 2018 as an asset management company focusing on financial investments and business incubation. In 2024, it strategically transformed and entered the sharing economy sector with the LSSC shared scooter project. The company invested in companies like Mobike and Bird Scooters before branding its own scooters. LSSC has a foundation in asset management and financial investment, indicating their ability to manage money. LSSC doesn't rely on a single product, offering Lightning Exchange (live market trades) and LSSB (investing in products).
Addressing Concerns and Core Market Values
LSSC is not a short-term project but has a clear compliant background and long-term profit model. The company doesn't follow trends but pays people to promote the business. LSSC adopts a sharing economy model, using participants as platform promoters instead of traditional advertising. Participants can lease rental devices for three years and renew or upgrade after that.
Profit Maximization and Earning Potential
To maximize profit, participants should upgrade equipment and build a team. Upgrading equipment increases static income, while building a team leads to higher dynamic income. Frequent withdrawals only solve present needs, while upgrading is key to future earnings. Participants can earn a stable income just by using their equipment, but inviting friends can increase earnings faster.
Withdrawal Policies and Fees
Cash withdrawals are only processed on weekdays due to system maintenance and background verification on weekends. A 20% handling fee for withdrawals covers equipment maintenance, management wages, operational support, customer service, technology, and marketing. Participants are encouraged to use LSSC to pay for meals and introduce the company to others.
Fan Shoutouts and Engagement
Professor Eric takes a moment to acknowledge and thank numerous fans and supporters in the chat, giving shoutouts to those who have contributed super stickers and super chats. He expresses gratitude for their support and welcomes new members to the LSSC community.
Device Activation and Bonhat Activity
The training addresses why devices cannot be turned on during weekends due to platform maintenance. Staying active on Bonhat is crucial for learning about platform announcements, system changes, and training schedules. Inactivity may lead to suspension. Participants should check Bonhat daily and attend mandatory meetings.
Cryptocurrency and Device Suspension
LSSC uses cryptocurrency for global transactions, avoiding problems associated with traditional banking. Device revenue may be suspended for long-term failure to activate the device, failure to reply to the manager's messages, or excessive absences from company meetings.
Inviting Friends and Team Building
Inviting friends is essential for LSSC's growth, similar to Amazon, Uber, and Airbnb. Making money alone is a starting point, but making money with friends amplifies income. The training encourages strategic team building, suggesting that families work together to build each other up within the company.
Addressing Doubts and Providing Support
If friends don't believe in LSSC, avoid arguing and show them real daily profits. Bring someone who has been in the business longer to share their success. LSSC is not something to sell or push, but rather to introduce and let people decide for themselves. The company provides all-around support, including offline dinners, reimbursements, regular training, and free trial quotas.
Team Duplication and Personal Growth
Team duplication equals income multiplication. Participants should teach their team to duplicate, leading to passive income. LSSC offers an opportunity to break through limitations and run a business. Income depends on individual effort. The training emphasizes adapting to changing times and seizing opportunities.
Cryptocurrency Introduction and Kraken
The training briefly introduces cryptocurrency, focusing on USDC, which is backed by the federal government and regulated. USDC is widely accepted on crypto exchanges and has a stable value. The session provides instructions on creating a Kraken account and depositing USDC, emphasizing the importance of verifying wallet addresses and using the correct network (Polygon).
Kraken Transactions and Final Tips
The training provides guidance on tracing money on Kraken and emphasizes the importance of verifying wallet addresses and choosing the right network (Polygon) for transactions. It recommends using security features like two-factor authentication and being mindful of transaction fees. Participants are advised to contact Kraken customer service for assistance.
Final Shoutouts and Closing
Professor Eric concludes the training session with final shoutouts to attendees, expressing gratitude for their participation and support. He encourages them to continue studying and reviewing the information provided to build a strong foundation in LSSC. He expresses his gratitude for their support and welcomes new members to the LSSC community.