How to turn $100 into a million dollars

Financial success is hard to come by when people don’t have a lot of money to start with. I have been pondering this dilemma and have come to a logical conclusion, which has tremendous potential for those who can grasp the simplicity of the concept.

Let’s debunk and/or clarify a few things: First, it doesn’t take a lot of money to make money. Second, it is true that more money can be made selling products than services. Why? Because your earning potential from services is limited to your ability to provide amount of service per hour. Where; a product can be produced and delivered at almost infinite levels depending on consumer demand and production capacity.
It is also true that millionaires have a superior perspective on how to make money over the average person and this can be shown by the fact that not everyone is a millionaire.

So how does a millionaire make millions? By investing money in 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 go from zero or almost zero dollars to a million; that’s where the mental block occurs. People can’t understand it and give up, get a job and do what everyone else does, follow the followers.

While contemplating this topic, I realized that earning a million dollars, without inertia, is an overly complex and basically unattainable goal, and that’s why most people can’t achieve it. So the simplicity of the process hits me. The way to make a million dollars from a hundred dollars. The KEY is ROI. The key is to be smart and apply a rule of thumb to anything you do and here is the formula that will allow you to take $100.00 and turn it into a million:

Invest what you do with your money, double your profits when you sell it. It’s that easy. Knowing this, you should then buy/invest in something (anything) for the lowest possible price with your initial $100.00 so that when you sell it, you get your initial investment back, cover all of your costs associated with selling the product, and after the dust liquidate, you have $200.00. Then repeat the process. It’s kind of like the “double a dime every day for 30 days” angle where at the end of 30 days, you have a million dollars… only this is more practical because you’re exchanging a product for cash. instead of just doubling pennies without a source of pennies.

Let me repeat this: Invest $100.00 in any product so that when you sell it, it will be priced to recoup all of your costs and double your money. Then repeat the process. That product could be anything from A to Z. The key is to buy low, sell high, and double your initial investment. If you can’t double the investment according to this theory, don’t invest. Let’s look at the math:

$100-initial investment.

$200-first ROI

ROI of 400 seconds

ROI of $800-third

$1600-quarter

$3200-fifth

$6400-sixth

$12,800-seventh

$25600-eight

$51200-ninth

$102400-tenth

$204,800-eleventh (1/4 million)

$409,600-twelfth (1/2 million)

$819,200-thirteenth (nearly one million)

$1,638,400-fourteenth (nearly 2 million)

Instead of thinking “make a million dollars,” change your mindset to “double your money” on everything you invest and start small. In fact, starting with $50.00 just adds one more step to earning a million dollars. Don’t have $50.00? Start with $25.00, you get the point. I’ve given this some thought and here’s a truth: If you can’t implement this simple and 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’ll never be able to do the big things. Start with what you have to invest and double your ROI.

I don’t know about you, but while you’re reading this, I’m thinking about my possible investments.

Think about it…

Copyright © 2006

James W. Hart, IV

All rights reserved