Two Million in Five Years
$5
$10 - yardsale items,
$20 - art print, yardsale items,
$40 - art print, yardsale,
$80 - art print, yardsale,
$160 -art, yardsale items, event,
$320 - art, yardsale items, storage unit, event,
$600 - art, yardsale items, storage unit, event,
$1,200 - art, yardsale items, storage unit, event,
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$2,400 - storage unit,
$4,800 - vehicle,
$9.600 -
$18,000
$36,000 - real estate?,
$72,000 - real,
$140,000 - real estate,
$280,000 - real estate,
$560,000 - real estate,
$1,000,000 - real estate,
$2,000,000 - real estate,
Additional thoughts:
“"The shit is just business… buy for a dollar, sell for two" -Proposition Joe Stewart
“It’s easier for rich people to build wealth, because it’s easier to make money when you’re money has a chance to work for you.” The money for this project MUST be kept separate.
Don’t be greedy. This is not an occupation. This is just five years to find 20 great deals.
Is this is a five year plan, baseline, I have 3 months to do each of the transaction. I have 3 months to turn $5 into $10. I have 3 months to turn $4,000 - $8,000. I have 3 months to turn $200,000 into $400,000. If I can make it happen quicker, great! That might be me more time on some of the larger amounts.
Don’t be greeedy. Buy it for a steal, sell it for a steal. Get a good deal on a car, sell it for an amount that’s still a steal. If I get a functioning car for $1000, be okay selling it quickly for $1,500.
Learn fully how to make bigger business deals. Talk to people who know how to make money.
Incorporate people into the process: “I have (such and such a money) I need to invest in something.
When I get to the $4,000 - $10,000 level, I will begin asking for advice and investors. “Hey, I got $10,000 to invest in something. Any ideas or anything you want me to invest in?”