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LSSC Training & Income Strategy

Jul 18, 2025

Summary

  • The meeting was an LSSC (Lightning Share Scooter Company) training session led by Professor Eric, focused on welcoming new members, reviewing income opportunities, team-building strategies, and providing a detailed walkthrough for using the Kraken crypto exchange.
  • Key topics included types of income with LSSC, strategies for level upgrades, and compliance guidelines.
  • Several shoutouts were given to new participants, fans, and contributors, fostering team engagement.
  • FAQs were addressed, with an emphasis on self-research, using official channels for company information, and the importance of following company procedures.

Action Items

  • None were assigned with explicit due dates or ownership in this session. (No concrete tasks or deadlines were issued; most calls to action were general—for example, to submit training summaries daily, follow the Instagram page for updates, or reach out to managers for event requests.)

Welcome & Orientation

  • Professor Eric greeted returning participants and new members, emphasizing community and the company mission.
  • New participants were asked to introduce themselves, and several received individual shoutouts to boost engagement.
  • Orientation covered the schedule: training is Monday-Friday at 2200 EST; no weekend training.
  • It was reiterated that new members should keep an LSSC notebook and submit daily summaries at the end of each class (5 key takeaways, name, training day, last 4 of account, instructor's name).
  • Members who complete 5 days of training earn $50 and 5 points; the referring member receives $20 and 5 points.
  • If new members don’t learn basics within 15 days, the company will terminate the relationship and provide a refund.

LSSC Income Opportunities & Promotions

  • Two types of income: static (fixed, daily passive) and dynamic (via team-building and inviting others).
  • Static income: derived from device rentals (e.g., A3 level rental yields high, steady income; devices work for 3 years).
  • Dynamic income: comes from building and managing teams, with rank advancement unlocking bonuses and management stipends.
    • Five direct team members promote you to level one captain, giving $80 every 10 days.
    • Building deeper teams increases income potential with higher bonuses for referrals and promotions.
  • Emphasis was placed on upgrading levels to maximize earnings rather than withdrawing small, daily amounts.
  • Company prohibits running multiple accounts or using virtual numbers.
  • Device rental model: each device has a three-year rental period; renewal required after expiration.
  • Comparison of withdrawing vs upgrading: Upgrading increases future profits; withdrawing incurs fees and restricts growth.
  • Reward program: Inviting five people during promotion periods enables quick advancement and large bonuses (e.g., $1,000 or $5,000 depending on tier and timing).

Teamwork, Mindset & Financial Strategy

  • Teamwork and helping others grow was framed as key to overall success—participants were encouraged to help team members build and promote.
  • Mindset training: distinction between "poor" and "rich" mindsets, advocating for reinvesting income and focusing on compound interest growth.
  • Caution against habitual spending; encouragement to save and invest for long-term financial freedom.
  • The concept of financial freedom was discussed as a major motivator (e.g., the ability to pay bills without worry, accumulating income, etc.).

Practical Training: Using Kraken for Cryptocurrency Transactions

  • Walkthroughs were given for:
    • Registering a Kraken account.
    • Adding payment methods (bank account, PayPal, debit card, etc.).
    • Depositing funds (via Plaid or wire transfer).
    • Buying USDC/USDT on Kraken; transferring and verifying transactions.
  • Members were reminded to double-check wallet addresses and networks to avoid losing funds, use 2FA, and be mindful of transaction fees.
  • Professor Eric provided his Kraken referral link for sign-ups.
  • Comparison between Coinbase and Kraken: no functional difference, choice is personal preference (other platforms supported as well).

Company Guidelines & Compliance

  • Company information is available via official Hong Kong business registry and consulate.
  • LSSC is a private company, not required to disclose founders or CEO; members are not considered investors in a regulated sense.
  • Age and competence are considered for participation; team-building required for certain promotions/offices.
  • Transaction and withdrawal limitations were explained, including device rental terms and account operations.
  • Members encouraged to direct tax questions to certified professionals; company not bound by US tax laws.

FAQs & Open Forum

  • Withdrawal fees may vary based on user status (new vs current); participants should check the correct promotional flyer.
  • Dallas office opening details are pending—no schedule or banquet information yet from management.
  • LSSC merchandise (logo, t-shirts, decals) will soon be available via the website; follow the Instagram page for announcements.
  • Device operation reminders: scooters cannot be turned off mid-cycle; must be run for allotted time for full payment.
  • Team events and office visits: participants can invite trainers for local/national/global events with advanced notice.
  • Summaries must be submitted daily; batch submissions may not be counted for training credit.
  • General technical support (e.g., wallet or withdrawal issues) should be directed to inviters or captains.

Decisions

  • Training summaries must be submitted daily and individually to receive training credit — Rationale: ensures proper attendance tracking and compliance with training requirements.
  • Emphasized team-building for rank advancement and office qualification — Rationale: aligns with company growth strategy and enhances support structure.

Open Questions / Follow-Ups

  • Specific Dallas office opening logistics (schedule, banquet, activities) are still unknown; pending updates from management.
  • Merchandise availability (LSSC logo, t-shirts, decals) details will be announced soon via Instagram.
  • Requests for in-person trainer appearances should be coordinated with sufficient advance notice through management.
  • Some technical issues (like withdrawals via Newton) remain unresolved; participants advised to contact their captains or platform support.