Sunday, December 28, 2003
December 28.2003
Las Vegas, NV
As I travel around the country and do interviews on many radio and television programs, I'm often asked about my theory :"Ten Times Money Equals Rich." This theory is about how to make more money in fewer transactions.
If you buy something for $1 and sell it for $2 you might think that you are doing wonderfully. How many transactions will you have to do to make $1 million dollars? Best guess: 500,000 transactions.
What would happen if you bought something for $1 and sold it for $10, ten times what you paid for it. In theory, how many transactions would it take to make $1 million dollars? Are you ready for this? Are you sitting in your chair? You'd need 7 transactions in total to have $1 million dollars.
I've had people argue with me and say well "who cares about a theory you can't do it." Yes, as you might imagine. You can easily buy items for $1 to sell for $10. It becomes harder and harder to find deals that are that wonderful as you keep going up the ladder to the higher and higher levels. People at higher levels tend to be relatively smarter about the value of the items they have and sometimes less or more motivated to go after the money.
This theory was not created to prove that you can't do this. The theory was designed to help people change their thinking and their buying habits. It was deisgned to help people make much higher returns on their money. It works.
I can give you expamples of making much more than 10 times the money with items so keep posted for more exciting profit making
ideas. If you've had success in making huge profits on items and want to share your ideas or have any comments, get them to me at lori@trashtocashtoolkit.com
Las Vegas, NV
As I travel around the country and do interviews on many radio and television programs, I'm often asked about my theory :"Ten Times Money Equals Rich." This theory is about how to make more money in fewer transactions.
If you buy something for $1 and sell it for $2 you might think that you are doing wonderfully. How many transactions will you have to do to make $1 million dollars? Best guess: 500,000 transactions.
What would happen if you bought something for $1 and sold it for $10, ten times what you paid for it. In theory, how many transactions would it take to make $1 million dollars? Are you ready for this? Are you sitting in your chair? You'd need 7 transactions in total to have $1 million dollars.
I've had people argue with me and say well "who cares about a theory you can't do it." Yes, as you might imagine. You can easily buy items for $1 to sell for $10. It becomes harder and harder to find deals that are that wonderful as you keep going up the ladder to the higher and higher levels. People at higher levels tend to be relatively smarter about the value of the items they have and sometimes less or more motivated to go after the money.
This theory was not created to prove that you can't do this. The theory was designed to help people change their thinking and their buying habits. It was deisgned to help people make much higher returns on their money. It works.
I can give you expamples of making much more than 10 times the money with items so keep posted for more exciting profit making
ideas. If you've had success in making huge profits on items and want to share your ideas or have any comments, get them to me at lori@trashtocashtoolkit.com
