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East Chop Capital Bridging Gaps Between Access to Capital and Financial Freedom

East Chop Capital is a private equity firm that invests in people, ideas, and businesses that positively impact the world while building wealth for our investors. Founded by Carrington Carter and Calvin Butts out of the necessity of pooling many resources to accomplish more collectively than individuals can on their own.

East Chop is a residential area in the town of Oak Bluffs, Massachusetts, on the island of

Martha’s Vineyard where two of their vacation rental homes are located. Due to its natural beauty, rich history, sense of community, and being known as a place where one can enjoy the simple things in life, it was the perfect inspiration for the new venture.

After investing individually and collectively for many years, the founders realized that true economic empowerment comes from working together, and working together is the only way that our community can close the wealth gap. The companies funds are currently geared toward real estate, especially the vacation rental home market, but future investments will include media, technology, sports and financial services. From a skillset standpoint, the Carter and Butts are both action-oriented, ambitious, goal-driven doers. Carrington is a jack-of-all-trades business guru, skilled in the ability to mobilize people around a vision, marketing, sales, business operations and a self-taught finance person. Calvin is an expert at understanding, engaging, and motivating people, driving business results through marketing and sales, and relentlessly pursuing goals.

East Chop Capital is committed to providing the best combined financial, educational, and social returns. The educational returns are compromised of teaching others about business, investing, and building wealth through multiple revenue streams and capital gains. The social returns are about bringing people together, networking, learning from each other, and cultivating meaningful relationships across the companies network. This network makes the collective smarter and allows quicker mobility for the right opportunity. Bringing access to capital is one of the key elements of the company. Capital is everything to a business, it's important to everyday households but Black communities are often left out of that access for a variety of reasons, including the effects of generations of slavery and systemic racism.

We have poor relationships with key decision-makers who have power and influence. We also experience distractions like social media, consumerism and "keeping up with the Jones," other insecurities, poor financial literacy, and fear.

If we want to close the wealth gap, we have to get aggressive with investing, work together to build wealth, and simultaneously make sacrifices in order to leave the next generation better than we are. Too many of us still live paycheck to paycheck. We also must build wealth and revenue streams outside of our "9 to 5." Lastly, our top income-earning households need to invest in Black-owned businesses, especially up-and-coming entrepreneurs. We need to get comfortable investing in "I believe in you money." "It's not a complete answer to the problem and we still have our challenges, but there is certainly more in our community that can be done to circulate capital and support each other", Calvin shares.

For beginning investors, East Chop Capital has these six tips:

● Get your own financial house in order. (Read everything you can about personal

finance and investing)

● Dream big

●Live within your means

● Look for partners and grow together

● Get comfortable being uncomfortable. It's okay to be scared, but don't let it stop you.

● Understand that real estate is a long game. (Most investments take time to mature

and deliver returns)

As East Chop Capital grows, their hope is that education and access to capital within our community increases resulting in financial freedom and generational wealth allowing you to spend your time and however you want.

Visit East Chop Capital Online.


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