 Have you ever doubled a penny? Here's what happens when you double a penny every other day for just 60 days.
Day 0 1 cent
Day 2 2 cents
Day 4 4 cents
Day 6 8 cents
Day 8 16 cents
Day 10 32 cents
Day 12 64 cents
Day 14 $1.28
Day 16 $2.56
Day 18 $5.12
Day 20 $10.24
Do you notice that we're 1/3 of the way to 60 days and we're only at $10.24?
Day 22 $20.48
Day 24 $40.96
Day 26 $81.92
Day 28 $163.84
Day 30 $327.68
Now we're half way through and we're still at only $327.68.
Day 32 $655.36
Day 34 $1,310.72
Day 36 $2,621.44
Day 38 $5,242.88
Day 40 $10,485.76
At 2/3's of the way, things are starting to get a little interesting. Now, you could put a down payment on a Mercedes OR you could keep on parlaying your penny. Your choice.
Day 42 $20,971.52
Day 44 $41,943.04
Day 46 $83,886.08
Day 48 $167,772.16
Day 50 $335,544.32
Day 52 $671,088.64
Day 54 $1,342,177.28
Day 56 $2,684,354.56
Day 58 $5,368,709.12
Day 60 $10,737,418.24
It was well worth the small sacrifice and wait, wasn't it!
Now do the math where you double your money every two days... but you spend HALF of everything you take in.
Its fairly obviously that by just spending HALF... you never get ahead!
Day 0 1 cent
Day 2 1 cent
Day 4 1 cent
Day 6 1 cent
Day 8 1 cent
etc., etc., etc.
Study the "Penny Doubling" exercise above and see for yourself the power of Compounding.
Notice how many "transactions" (or days) it takes before any really significant results take place. Notice how easy it is... how very tempting... to take some of the money as it comes in and divert it to your own pleasure.
But isn't that what we've all been doing all our lives.
If you will pay close attention to the following information, you will see that it is very possible to "double your money"... and then some... with the right ad and the right product and the right merchant account.
What Does It Take To Turn a Modest Internet-based Income into the Wealth Building Opportunity of a Lifetime?
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YOU MUST HAVE A PRODUCT THAT CAN BE EASILY SOLD AND DELIVERED OVER THE INTERNET. We recommend that you acquire THE RIGHTS TO SELL AN INFORMATION PRODUCT THAT IS IN HIGH DEMAND and where you can keep 100% of the profits.
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YOU MUST HAVE A GREAT SALES PAGE that makes sales like crazy -- 24/7 -- and automatically delivers the products to your customers.
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YOU MUST HAVE YOUR OWN MERCHANT ACCOUNT. Your ability to accept credit cards makes it easy for folks to buy... and this is VERY IMPORTANT... where 100% of the money you receive from your sales is going directly into YOUR checking account within a day or two... so you can EASILY re-invest it in more advertising. Go to www.credit-cards-online.com for the LOWEST PRICED merchant account we've discovered.
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YOU MUST HAVE CREATED AND TESTED A KILLER AD. This is an ad that makes money for you EVERY TIME you run it.
From here on out, it's simply a numbers game.
Now all you need to do is simply PROMOTE... PROMOTE... and PROMOTE some more... and RE-INVEST ALL (or at least MOST) of the sales revenue you get from each ad into more and more advertising.
To get an idea of what RE-INVESTING all or most of your sales revenues can very quickly do, take a look at the following hypothetical example:
Let's say you've created and tested an ad for one of your information products that produces sales EVERY TIME you run it.
Let's also say the ad costs you, on average, $5.00 per newspaper to run and you run it every week in 20 newspapers at a cost of $100.
Let's further say that your information product gives you a profit of $10 every time you make a sale... and that every time you spend $5 on advertising, you can predict, on average, that you'll make a sale and receive a $10 profit.
So every time you spend $100, you can count on getting back $200.
Now there are several things you could do with that $200.
SCENARIO ONE:
You could spend ALL of it on a great night on the town or a new suit ... and have NOTHING left to reinvest in advertising. So even though you had a wonderful product and wonderful ad, you have nothing left with which to create additional revenue. Result: No cash machine.
SCENARIO TWO:
You could spend HALF of it... and RE-INVEST HALF of it... and you could therefore produce a STEADY INCOME of $200 a week... $100 to spend... and $100 to re-invest in more advertising. Result: a very weak cash machine that will never get any stronger.
SCENARIO THREE:
You decide to RE-INVEST the entire $200 back into MORE ADVERTISING... and you decide to CONTINUE TO RE-INVEST ALL OF YOUR SALES REVENUES IN ADDITIONAL ADVERTISING EACH AND EVERY WEEK. Smart Move! Take a look at the table below to see the revenues you'd receive each week.
Notice that after just a few weeks, if you wanted to take and spend $100 a week... or even $2,000 a week on having a good time... or for your living expenses ... it wouldn't affect the outcome of your compounding very much at all.
Also... notice the very small difference in what happens if you JUST have TEN DOLLARS to start with... and if you started with a grand.
The moral: it doesn't matter how much or how little you start with... it's the CONSISTENCY of your re-investing your entire profits back into more advertising and promotion that is the key to your ultimate success.
| How to Compound Your Way to Wealth... Starting With Just $10! |
| About 18 weeks to a Million Dollars Starting with $10 |
About 15 weeks to a Million Dollars Starting with $100 |
About 11 weeks to a Million Dollars Starting with $1000 |
Week 1: $20
Week 2: $40
Week 3: $80
Week 4: $160
Week 5: $320
Week 6: $640
Week 7: $1,280
Week 9: $2,560
Week 10: $5,120
Week 11: $10,240
Week 12: $20,480
Week 13: $40,960
Week 14: $81,920
Week 15: $163.840
Week 16: $327,680
Week 17: $655,360
Week 18: $1,310,720 |
Week 1: $200
Week 2: $400
Week 3: $800
Week 4: $1600
Week 5: $3200
Week 6: $6400
Week 7: $12,800
Week 9: $25,600
Week 10: $51,200
Week 11: $102,400
Week 12: $204,800
Week 13: $409,600
Week 14: $819,200
Week 15: $1,638,400
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Week 1: $2000
Week 2: $4000
Week 3: $8000
Week 4: $16000
Week 5: $32000
Week 6: $64000
Week 7: $128,000
Week 9: $256,000
Week 10: $512,000
Week 11: $1,024,000
Notice there's less than 7 weeks difference in starting with $10 vs starting with $1000... proving ANYONE with desire and knowledge can succeed! |
| This example is for the purposes of illustration of a mathematical principle only... and is not intended in any way to portray what might happen in the very unpredictable occurrences of everyday life. Results will vary considerably with individual circumstances. |
"Compounding" Your Revenues from One Sale by Re-investing in Additional Advertising Can Quickly Build a Sizeable Advertising Budget... and Ultimately a Large Nest Egg
Find publications both online and offline with inexpensive advertising rates and start advertising. Keep repeating your same successful ad OVER and OVER again... in more and more publications.
Once the money starts coming in from sales, we recommend RE-INVESTING MOST OF IT... at least at first... IN ADDITIONAL ADVERTISING. Once you have reached the point where you have created MORE than enough cash flow to comfortably live on, then you can
SOLUTION: Ads4less is one excellent source which helps folks locate and easily place inexpensive little NEWSPAPER CLASSIFIED ADS all over the world... many for just a buck or two apiece. By using the many discounted "group buys" in Ads4Less, you will be able to quickly and inexpensively get the word out to millions of newspaper readers across the country.
We also recommend placing free and inexpensive ads in ezines read by 1,000's of entrepreneurs. When you get started, and have taken Steps One through Three, we'll fill you in on great places to advertise in ezines.... like ads in 80 ezines for $20 bucks a month... and ads in 20 ezines for just $10. And even let you know about a bunch of ezines which accept ads for FREE.
Give a man a fish, and you feed him for a day.
Teach a man to fish, and you feed him for a life time.
Ancient Chinese Proverb
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