I recently shared with you fact that wealthy people, and those wishing to become wealthy, are willing to risk losing a specific amount of money as an attempt to make more.
You’ve heard of the sayings…
You need money to make money.
And…
Money makes money.
It doesn’t mean that those with money make more by simply leaving it in a bank to earn interest; it means that they actively use it to try new things.
They start businesses with their money, they buy investments, and they look for ways to grow it.
Money is a tool that is used to make more money. If you don’t use it it’ll just sit in the bank festering.
It’s through the use of money that more is made.
I recently read of a chap who had no money spare to use and so he set about finding a way to make more so that he could start a business idea he had.
He knuckled down and within a year he had amassed around £12,000 by working evenings and weekends doing several side hustles.
He could have borrowed the money and made a start on his business right away but apparently he didn’t want to have to be worried about repayments or be left owing money if the project failed.
So he drew up a plan to earn at least £1,000 per month extra and to work hard for a year amassing as much as he could. He would then start his business the following year.
He now has £12K to use as his investment money.
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Although he worked hard to make that money, he calls it his ‘free money’ because using it will not take away from the money needed to pay his living costs.
His wages from the day job pays his living costs, his evening and weekend work pays for the new project he is currently working on.
He is now free to use that money in any way he chooses.
Yes, if he were to lose it all it would be annoying and frustrating, and incredibly hard to bear. But he would still have his home and his job and not be in any worse position than when he started.
Some people may say that he’s wasted a whole year of effort and money, but if his project is successful the rewards could be HUGE and life changing.
For him… it’s worth the risk.
What’s one year of hard graft if it sends you on a path towards becoming a multimillionaire?
I am not suggesting that you work your arse off for a whole year to amass a stack of investment money.
You can if you wish, but you don’t necessarily need to work hard for a full year; you can work until you have the right amount of investment money required to get started with.
The amount needed will be different from person to person.
Someone who wants to develop a website they believe could eventually make them a millionaire will probably require several thousand pounds, whereas someone who wants to publish a couple of eBooks may require just a couple of hundred pounds.
You may not require as much money as you first think because once you start to use the money it starts to earn money back.
An example of this would be creating a website where you sell digital products.
Initially you will need the money to pay for the website hosting and having it built, but the ongoing running costs of the business (website maintenance, SEO work, having digital products made, graphics made for products) would be paid for once you start selling digital products.
Let’s say that the running cost for the business over the first year is £1,000. You may not need to find that £1,000 at the beginning; you may only need £200 to have the website built initially.
The other costs are paid out of the money made from any sales made via the website.
From that point on, it all feeds on itself.
The initial investment kick-started the whole project towards big profits.
Now… if you are someone who is not interested in creating products or working on projects and would prefer a simpler less involved way to make money, you should take a look at Dan Edwards Z15 Profit System.
There is nothing for Dan to work on, he simply makes a couple of checks and decides on what football games he wants to trade.
He doesn’t wait until the end of the game either, he is like the SAS, he gets in and out as fast as possible.
There’s no sitting around waiting for the final whistle. He takes his profit and runs before the game starts warming up.
If you would like to know exactly what it is that Dan does, click the link below:
The Z15 Profit System
Kind regards.
John Harrison.
PS… This is something that can be done from wherever you are using a smartphone or a tablet. It takes a few minutes to learn and a few minutes to implement. It is one of the simplest methods we have ever shared.
Here’s that link again: