MoneyCapsules Launches Sharing Groups for Music Retailers

MoneyCapsules® today announced the Q2 launch of MoneyCapsules Groups, which preserves sharing group features; building trustful relationships with other non-competitor retailers, learning from each other’s success and failures, and realizing that you’re not alone. Participation in sharing groups not only holds the potential to improve your bottom line, it can also provide courage, support and much needed inspiration.

“We are excited about the launch of MoneyCapsules Groups,” said Jaimie Blackman, MoneyCapsules CEO and president of BH Wealth Management. “MoneyCapsules Groups will offer online forums to build trusting relationships, live gatherings for deep dive learning opportunities, and financial benchmarking with group members through a secure online portal. Monthly 

assignments will be given out and members will be held accountable by their peers. “

Blackman said the sharing group will also help with transitioning ownership which culminates into a succession plan for all its members— a component you don’t find in many sharing groups today. “That’s important because two thirds of US public and private companies admit that they have no formal CEO succession plan in place.” Blackman said. “Your exit strategy may very well be the most important financial transaction of your life.”

Jaimie who holds an M.S.Ed., and is a Certified Wealth Strategist. He has spoken at the NAMM Idea Center, and has participated in Yamaha’s Succession Advantage workshop. In the 1980’s Jaimie owned a school music dealership and was a NAMM member. 

“What’s powerful about Jaimie’s sharing group concept is twofold: One accountability and two, support,” said Chip Averwater, chairman of Amro Music, past NAMM Chairman, and author of Retail Truths. “I’ve learned a lot from such groups and I believe it will help every musical instrument retailer who participates in it.” 

 moneycapsules.com