About Harper Family & Friends Enterprises

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Our business model is unique. Instead of borrowing money or getting outside investors to start or expand a business, we are self funding our capital needs using small dollar contributions into an XB-Trust account. Our "crowd funding" technique grants each member a single share in our business and an equal share of profits earned and distributed via dividends.

Our first business (when we reach our funding goal of $250,000 as early as 2027) will be a hotel franchise. We anticipate eventually owning and operating businesses in medical, information, entertainment, and  manufacturing sectors.

Because we are using small dollar contributions into a deposit-only account, members will be able to continually grow the fund until (over many many years) the capital for growth and expansion will always be available.

The ability  to channel talent, energy and time into this innovative approach is our power and expertise.

Close your eyes and think about the future of your children, your grandchildren and your great grandchildren. If you think about your progeny more than once, then you are either a planner or a dreamer. I am hopeful that you feel some responsibility to be both.

By dreamer I refer to the American Dream. The Oxford English Dictionary defines the American dream as “the ideal that every citizen of the United States should have an equal opportunity to achieve success and prosperity through hard work, determination, and initiative.” We can use ideals to think of ideas that transform idealism into action. Our plan for a Harper family business is a roadmap leading to future success for family and friends.

We know that everyone does not have an equal opportunity to achieve success. In fact, using the words of George Orwell, some people (born into families of great wealth and prominence) are more equal than others. The cost of attending the best schools, the scarcity of opportunity to be selected for the best job openings, or the lack of access to existing financial resources (inheritance, trust funds) are barriers that many cannot overcome to obtain the goal of minimum prosperity – to be considered middle class.

The Collins dictionary defines middle class as a class of people intermediate between the classes of higher and lower social rank or standing; the social, economic, cultural class, having approximately average status, income, education, tastes, and the like.

Going back to my opening thought on achieving success and prosperity, I believe there is a need to update (revise?) our definitions. The following is found on a web page and it gives us a picture of what the middle class looks like.

“Santander Holdings USA, Inc. has found from a survey that middle-income American consumers felt optimistic in the fourth quarter of 2023, with 70% of respondents believing they were on the right track toward achieving financial prosperity and 80% believing they would achieve financial prosperity in the next 10 years. ... Meanwhile, seven in 10 said they were spending at least as much as the previous year if not more on holiday gift giving, and a majority said they believed their gift giving reflects their own financial prosperity.”

Prosperity in my opinion is not how much more you have to spend, but how quickly you are able to replace the money you do spend. It is my belief that prosperity is achieved when you have a consistent and constant amount of money to spend – whether that money is saved, invested, or used for expenditures is not important to this discussion. In my model of the economic classes, having $100 to spend every day (without having to save first) is lower middle class. Having $1000 to spend every day is upper middle class. Having $10,000 to spend every day means you have graduated to the upper class. I believe that one day all the families who have members in HFFE will benefit significantly from the opportunity and profit of the family business.

We will own and operate a business franchise once we collectively obtain the necessary starting capital using our small dollar contributions into the XB-Trust account. That franchise will be the first of many businesses that will be owned and operated by HFFE over many, many years. We may not get to be as large of a family business as Ford Motor Company or LG, but nothing stops us from trying.

Do you think about the future of your children, grandchildren, and great grandchildren? Do you go beyond hoping for health and happiness to also picture a future of economic stability? If you do, I urge you to continue to be involved or join if you are not already a member. Harper Family & Friends Enterprises, LLC is the legacy we are leaving. This is our way of providing success and prosperity for our progeny - a chance to support their pursuit of an American Dream. 

Use our Contact Us form to learn more and to receive answers to questions. We will enjoy working with you as a member.