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TL;DR
This video discusses unethical methods to profit from government contracts designed for minority-owned businesses, highlighting a controversial loophole.
Chapters
- 0:00Introduction to unethical profit methods01
- 0:10Step 1: Certification process02
- 0:30Step 2: Applying for contracts03
- 0:50Subcontracting to larger corporations04
- 1:00Conclusion and implications05
Transcript
Unethical ways to make fucking money part 57 step 1 you get certified as a minority owned small business one afternoon a few forms A filing fee the government now has a legal obligation to award you contracts that larger corporations cannot touch set-aside contracts reserved Specifically for businesses like yours worth billions every single year most people have no idea this door exists
Specifically for businesses like yours worth billions every single year most people have no idea this door exists You just walked through it step 2 here is where it gets fucking dark you apply for every set-aside contract You can find defense infrastructure technology you win one worth ten million dollars Then immediately subcontract 90% of the actual work to a massive corporation that could never have won this contract directly
They do the work you do nothing except exist as the certified entity the government needed to take a fucking compliance box the corporation Gets the revenue the government gets their diversity metric you get 15% of 10 million dollars for putting your name on the paperwork 1 million $500,000 from a contract you never intended to fulfill yourself from work You never touch from a system specifically designed to help people who look nothing like the people profiting from it
You are not gaming the system you are the system and the system does not care who does the work it only cares whose Name is on the fucking contract stay blind or follow shadow rules
Name is on the fucking contract stay blind or follow shadow rules
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