Can you Double Your Way from 1p to £1 Million in 28 Steps, its certainly a nice thought.
"Any fool can make a million, given a 'kick start' of (say) half a million from 'Daddy', or wherever. But it takes guts, determination and real spirit to do this from nothing - flat broke." - Stuart Goldsmith.
Whether I have the guts and determination remains to be seen.
The 'master strategy' - Use the stake money to create a value which you can sell for more.
I was thinking along the lines of buying items that were undervalued and selling them for their true value. However, I like the concept of adding value - it certainly gives you more options and should provide a monetary reward for creativity.
Really like your blog - look forward to the next update. I've just started a doubling challenge of my own (Make a Million Challenge). I'm not following the rules to the letter. Instead of starting with a penny, I'm starting by selling 6 unwanted books on eBay. The money I earn will be my starting funds.
I was thinking along the lines of buying items that were undervalued and selling them for their true value. However, I like the concept of adding value - it certainly gives you more options and should provide a monetary reward for creativity.
ReplyDeleteReally like your blog - look forward to the next update. I've just started a doubling challenge of my own (Make a Million Challenge). I'm not following the rules to the letter. Instead of starting with a penny, I'm starting by selling 6 unwanted books on eBay. The money I earn will be my starting funds.