Today we’d like to introduce you to Andrew Weaver.
Andrew, please share your story with us. How did you get to where you are today?
I was in the entertainment industry for roughly 20 years until I decided to become an entrepreneur. My first business was a men’s luxury footwear line. One day, I realized that just focusing on profit wasn’t what it was cracked up to be, so I became a Social Entrepreneur. My heart has always been motivated by helping people and I found that the majority of investors and colleagues I was networking with were more focused on profit and less on substance. I knew I had to create a business that would focus on my core values while solving a problem that has been heavy on my heart since I was a child… Poverty! I prayed to GOD one night while working late hours and after 4 hours of sleep, I awoke at 5am with a solution. I sat at my home desk, in my pajamas, for 20 hours straight and created the entire economic ecosystem that is known as SHOPINV. I went over it numerous times suspecting to find flaws or errors that would render the plan impossible and once I realized SHOPINV was not only a highly effective tool to eradicate poverty, it created profit for all parties involved. I immediately stood up, took a step back while glancing at my laptop and cried like a baby for 20 minutes. GOD has blessed me with a solution and now it was time for me to do my part and put in the work no matter what I had to sacrifice to make it a reality. Today, we’ve developed a wireframe prototype for SHOPINV and have created multiple online platforms (Bet On Black & Blexe), that prove our theory works. We’ve been invited to Silicon Valley in Oct. 2019 to attend a Social Impact Conference called SOCAP, where we’ll be seeking investors to finish developing the SHOPINV app. We look forward to creating opportunities to help our users eviscerate debt and invest in their futures.
Has it been a smooth road?
It has not been a smooth road. As statistics would have it, the African American community spends $1.2 Trillion a year and out of the $131 Billion invested in Entrepreneurs in 2018, less than 1% was invested in Black Entrepreneurs (.2% to Black Women and less than .8% to Black Men). Couple this with the fact that I’m a social entrepreneur and the odds of investment are next to impossible. So, yes it has been hard. I had a white gentleman at a tech meeting tell me to my face that solving poverty is a lost cause for me since Black people are not good at business. “You should stick to what you’re good at… You know… sports and entertainment, not Tech.” This is just one of many instances where my skin has been a factor and not my intellect. I keep thinking of Maya Angelou when these things happen, “You may shoot me with your words, You may cut me with your eyes, You may kill me with your hatefulness, But still, like air, I’ll rise.” I’m a positive person who refuses to let negativity devour me. I turn negatives into positives in minutes. I get it, my business scares greedy people, but it’s my purpose to make sure the poor to middle class can continue to lay claim to the American dream without having to acquire 3 jobs to do it. As far as traditional business struggles, I’ve faced them as well. Promotion, sales, convincing people my plan is legitimate because many people have little faith in someone genuinely doing good for others without a gimmick attached. It amazes me when people ask me questions like, “Why are you doing this?” My answer is always because my GOD told me to love thy neighbor… not cheat them! It’s what we all should be doing, right?
What do you do, what do you specialize in, what are you known for, etc. What are you most proud of as a company? What sets you apart from others?
SHOPINV is focused on using technology to end poverty. What we essentially do is give people money to pay down their debts and invest in their future and we provide financial literacy training videos to help our users make better financial decisions. We specialize in three business sectors: Loyalty Cash Back, Debt Management and Fintech Investments. Together these industries are worth $1T. We plan to be the first company that blends these three sectors to effectively create a solution to poverty. It is our belief that if you provide people with opportunities to create a better life for themselves, they will take it. We’ve made it even more attractive by providing these options (Cashback, debt management, investment apps) for FREE. Our app is under development and we will be attending SOCAP ’19 to pitch to investors from Oct. 22-25th. We are proud of how we plan to utilize capitalism to effectively attack poverty at its core. What sets us apart from others is our mission to use capitalism without greed to provide a solution to what most Americans have been fighting for… the American Dream! We blend three business sectors and as of today there is no other business like us on the planet and the best part about our business philosophy…we welcome competition. Why? Because our mission is to end poverty and the more companies that follow our lead, the more people in need receive help. It’s a “WE” thing, not a “ME” thing with us and we look forward to leading the world into a new form of capitalism that works for the many and not just a few.
Is our city a good place to do what you do?
I definitely feel like Los Angeles is the best city for our business. California is a global leader in social justice. We are the first to start campaigns to heal the world and all its ills, I can’t think of a time where California wasn’t a leader in helping people. We have the largest economy in the United States and historically, we’ve been tremendously generous. It’s only fair that our city is the launching pad for healing poverty throughout the United States and the world for that matter. As far as recommending businesses start in LA, I’m highly biased but fair. I feel that it depends on the industry that you are working in. If you are into creating products or services for farmers, California may not be your best location. That being said, there aren’t many business sectors that wouldn’t benefit handsomely by starting in Los Angeles.
I’m going to address the “if not” questions even though I suggested they come to LA. Every city can improve so I will address things LA needs to address. We have an increasing poverty issue in LA. One out of 4.9 residents in Los Angeles lives in poverty. Our economy is thriving and it’s a must that we improve upon this stat.
- Address: SHOPINV, INC
8549 Wilshire Blvd. #1415
Beverly Hills, CA 90211
- Website: https://www.shopinv.com
- Email: firstname.lastname@example.org
- Instagram: https://www.instagram.com/shopinv/
- Facebook: https://www.facebook.com/shopinvapp/
- Twitter: https://twitter.com/shopinvapp
All Images are created and owned by me, Andrew Weaver