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

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