Monday, April 11, 2011

Are You Type 5?

The 5 Types of People.

Type 1 - These are the people who have MONEY but no TIME. They are the company's Chief Executive Officers, High Paid Professionals, OFW's, Seaman, Managers.

Type 2 - These are the people who have no MONEY but have TIME. They are the TV expert, always in front of the television, the bums,TSK tambay sa kanto.

Type 3 - These are the people who have no MONEY and no TIME. They are the Employees, Small Business owners, The employees of their own business.

Type 4 - These are the people who have MONEY and have TIME but OLD. They are the Traditional Business owners, Soloists, Retired with pension.

Type 5 - These are the people who have MONEY and have TIME but YOUNG. They are the people doing the business of the 21st century, Online business owners, the wave of the future  The Speed Wealth Entrepreneurs.

What type are you?

Tuesday, February 1, 2011

Millionaire Mind Exercise

My 101 Ways to Raise 1,000,000 in two weeks

1. I will borrow a TCT Transfer Certificate of Title from my sister and loan it in a bank for P1,000,000.00.

2. I will formulate a business plan and convince my friends and relatives to put an investment in my new business venture with a total amount of P1,000,000.00.

3. I will buy 100 cattles for P40,000.00 each and sell them for P50,000.00
Profit P10,000.00 per cattle x 100 = P1,000.000.00

4. I will put up my own Network Marketing company, train two people to sell my products with in two weeks. Quota of P1,000,000.00 each x 2 = P2,000,000.00
Total Sales - P2,000,000.00
Less Product Cost and Commission - P1,000,000.00
Income - P1,000,000.00

5. I will sell 1,000,000 pieces of empty sacks to the farmers for a profit of P1 per sack. 1,000,000 pieces sacks x P1.00 = P1,000,000.00
6. I will buy 10,000 shares of a blue chips stock P2,500.00/share. The next day if the stock price goes up to P2,600.00 I will sell my 10,000 shares. Earning of P100 per share. 10,000 x P100.00 = P1,000.000.00

7. I will buy a house and lot for P5,000.000.00 and sell it for P6,000.000.00
Selling Price - P6,000,000.00
Acquisition Cost - P5,000.000.00
Income - P1,000,000.00

8. I will pay myself first P71,428.58 per day x 14 days = P1,000,000.12

9. Convince Henry Sy to lend me P1,000,000.00 with 3% interest payable in 3 years.

10. Convince Lucio Tan to lend me P1,000,000.00 with 4% interest payable in 5 years.

Continuation .......... 11-101 ways click here