Entrepreneur Idea - One Idea, One Million Dollars
Exponential money generation is an old idea. Barely noticed by
the average person, it is still the single most utilized
concept by rich Entrepreneurs the world over.
When we put an amount of cash in the bank, the bank will offer
us an interest payment for the use of that money usually in the
range of 5-10% depending on the current level of the over night
cash rate. This passive income is very useful on a large scale.
For example a person with $10 million dollars would be offered
quite a bit more for the use of that sum however, at 7% the
annual return is around $700,000 per year. That is a very
useful sum to be able to utilize as discretionary income.
Indeed one could live very well for the remainder of their
lives with such a comfortable return simply by keeping their
money with a bank.
The problem for most people with this desirable mechanism is
that they don't have $10,000,000 in the first place. They don't
have nearly that much.
So the question becomes how to get it in the first place so
money can be a concern of the past so we can get on with the
more interesting activity of living.
If we put $10,000 into a bank account and watched it grow
exponentially at 10% we would at the end of 10 years be
underwhelmed by the results. We would be the proud owners of
$26,000 Not bad, but certainly a long time to wait and not a
particularly useful amount of money.
What if we tried 100% The result would be more astonishing I
assure you. In ten years at 100% we would have over $1 million
dollars. OK this is getting fun. Lets try 500% how long would
it take for it to get to $1 million dollars at 500%? About 2
and a half years.
What about 1000%? around a year and a half.
What about if instead of annual we focus on monthly? But the
second question is where are we going to find someone willing
to pay us 100% per month for example. Nobody wants money that
bad that they will be crazy enough to offer that sort of
compounding. Or will they?
Exponential money generation is a concept that deals in found
or created excess intrinsic value. Is the value of a dollar
note any different to the value locked in the $1 dollars worth
of chocolate you just bought? No, its exactly the same. Except
you can consume the chocolate but you can't consume the dollar
note. So the chocolate actually has more worth depending on
circumstances and needs.
The point is that its value that we all want and need. Money is
a numerical commodity that helps make value portable. But here
is the thing that makes exponential money generation so
lucrative. When value is stored in investment objects or
assets, its measure is generally a perception. Unlike value
when its stored in money itself, which because its numerical,
it can be counted and has a fixed number that everyone can see.
Would you swap $1000 for $582? You wouldn't specifically because
you can see without difficulty that the trade is uneven. In fact
you can see to very fine levels indeed. Even $999.99 is not a
fair or even swap for $1000
But what happens when you trade value in the form of an object
for value that is in the form of money? Emotions and human
perception has a large role to play.
You can definitely make a 100% return on your money per month
if you so choose, this is the typical way entrepreneurs make
their fortunes fast. Whether trading in boats, luxury cars,
precious stones or property, the concept remains the same.
One million dollars in for example 12 months is not only
possible but its quite likely using money leverage. Anyone can
do it starting with virtually nothing. Its the decision to try
that generally stops the non-believers.
To your health and rapid success,
About The Author: Martin Thomas is a professional investor. 5
years ago he was a broke insurance salesman but then he was
given a book that changed his perspective. The book was given
to him without hype by a friend. The book taught him how to
make his first million in under 14 months. The book can be
found here www.opportunity-investor.com