The Secret Of Becoming A Millionaire!
How does a millionaire make millions? By investing money into things and ideas that "make money"... Millionaires want a return on their investments and ROI is the KEY to success. The problem for most people who dream of making a million dollars is how to get from zero, or nearly zero dollars to a million-that's where the mental grid-lock happens. People can't figure it out and give up, get a job and do what everybody else does, follow the followers.
NOTE: ROI mean Return On Investment.
As I was contemplating this issue it dawned on me that making a million dollars, with no inertia, is way too complex and basically an unachievable goal, and that is why most people cannot achieve it. Then the simplicity of the process hit me. The way to make a million bucks starting with one hundred dollars. The KEY is ROI. The key is to start small and apply one rule of thumb to whatever you do and here's the formula that will allow you to take $100.00 and turn it into a million:
Whatever you invest in with your money, double your profits when you sell it. It is that simple. Knowing this, then you must buy/invest into something (anything) for the lowest possible price with your initial $100.00 so that when you sell it, you recover your initial investment, cover all your costs associated with selling the product, and after the dust settles, you have $200.00. Then, repeat the process.
It's kind of like the "double a penny everyday for 30 days" angle where at the end of 30 days, you have a million dollars... only this is more practical because you are exchanging a product for money rather than just doubling pennies without a source for pennies.
Let me say it again: Invest $100.00 into any product so that when you sell it, it is priced to recover all your costs and doubles your money. Then, repeat the process. That product could be anything from A to Z. The key is buying low, selling high and doubling your initial investment. If you can't double the investment under this theory, don't invest. Let's look at the math:
$100-initial investment.
$200-first ROI
$400-second ROI
$800-third ROI
$1600-fourth
$3200-fifth
$6400-sixth
$12 800-seventh
$25600-eight
$51200-ninth
$102400-tenth
$204800-eleventh (1/4 million)
$409600-twelfth (1/2 million)
$819200-thirteenth (nearly a million)
$1638400-fourteenth (nearly 2 million)
Instead of thinking about "making a million dollars" change your thinking to "doubling your money" on everything you invest in and start small. In fact, starting with $50.00 only adds one additional step to making a million dollars. Don't have $50.00? Start with $25.00, you get the point. I have pondered this and here is a truth: If you can't implement this simple, logical plan to make a million dollars, the chances are extremely high that you will never become a millionaire. Why? Because if you can't do the little things first, you will never get the big things done. Start with whatever you have to invest and double your ROI.
I don't know about you, but as you are reading this, I've already started my potential investments through football trading & doubles perm. Do you really want to become a millionaire? Think about it...because time waits for no man.
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