Comment: Do You Get EB5 Wires Thru Zoom

The acid test to see if an EB5 project has Zoom right is "Is the project getting wires using Zoom or similar video software?"

If the answer is Yes, read below to see how you can still improve

  • If the answer is No, please read the herebelow

Many things have to be done right to achieve a level of engagement sufficient to receive wires:

  • camera resolution
  • visual contrasts
  • flattering lighting
  • perfect sound
  • superb internet speed
  • engaging presentation
  • etc.

Notice that only the "engaging presentation" was important in the pre-covid era, all the rest is new, and unique to meeting people by video. Notice also the "etc", there is much more to video than just the short list above. THIS is what differentiates EB5 projects who get wires from those who don't.

As one example of what you can do NOW to get wires through Zoom, lets take the simple point re internet speed. Many in the EB5 industry are working from home. Their internet connection, even when it has high download speeds usually has poor upload speeds. (This is due to the fact that before the covid era, it is largely the download speed that was most useful for internet use.) With large scale use of video conferencing, upload speeds have become the critical factor in achieving an impactful and effective video presence. The simple step of upgrading your upload speed to the highest available in your area (which costs only a few hundred dollars a year) is the easy first step to getting wires online. A speed of 25MB/25MB upload/download is recommended for good video. In IL's experience many many project sales folks do NOT have the requisite speed, thus impairing their sales effectiveness. In almost all these situations, the sales professionals are unaware of the connection between their slow internet speeds and their poor sales performance in receiving EB5 wires. You can easily check your internet speed at many websites, including Speakeasy.net . We encourage you to check the internet speeds of all the investor-facing professionals at your project, and compare that to results in the form of wires for each individual. Nothing beats seeing for yourself.

The above is just one of the many factors in the art and science that is needed for an EB5 project to reach out effectively through the internet, and build a trusted relationship with people across the world so that they choose to place their family's future in the project's hands.

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