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28 steps to a million game...

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Cheque2Cheque
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28 steps to a million game...  Reply with quote  

So I found this game online. (from Stuart Goldsmith - MegaStep International)

You start with NO money and in 28 steps (no one said it was easy) you become a millionaire. Step one: find a penny or get someone to give it to you. Step two: double it. Step three: double it again...you get the idea. The trick is that you can't use any of your own "regular" money - it has to be someone else's money and you can't steal!

Actually it's kinda fun and it gives you an appreciation of small amounts of money. I never want to gamble with my stake because it's not easy to find another penny!

I'm at step 14 - I need to double my $40 into $80. (It would take 29 years to double by putting it into a savings account - what a wakeup call that is). I'm not good at selling - does anyone have any ideas on how I can do this?

Thanks!
C2C
Post Mon Mar 21, 2005 5:39 pm
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silver mullet
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roulette table, test your luck, just do it Very Happy
Post Tue Mar 22, 2005 3:18 am
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wiseking
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hmm... interesting, but how do you double the money each time if you cant use your own? and you cant steal? you have to ask others? but who will "give" you $40? unless you be a dump and go begging your family/friends, which is probably worse then stealing! Razz



btw... did you know... if you take a large glass Jar (v.large) you can be a Multi-Millionare within 30 days! How? simple... Just DOUBLE your money each day. So on

Day 1... you put 1 Penny in
Day 2..... you put 2 Pennies
Day 3... 4 pennies
day 4.... 8 pennies
day 5.... 16 pennies

and so on until day 30 when you will have over $5 MILLION DOLLARS! lol Wink (but easier said then done, believe me!)
Post Tue Mar 22, 2005 2:18 pm
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Keiron.A.Graffie
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i love step num 28 c2c & silver mullet :_ _D

* c2c @ "13" :_D
* keiron: @ "14" :_D

* 13 --> 14 & 14 --> 15 = help

i love pennies & step one :_ _D


Last edited by Keiron.A.Graffie on Tue Mar 22, 2005 6:17 pm; edited 3 times in total
Post Tue Mar 22, 2005 3:48 pm
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Cheque2Cheque
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You have to trade for it - either labour or goods. Eg. I find a penny, I can convince someone it's lucky and sell it for 2 cents. Very Happy Then I can do a little favour for someone for 2 cents... You just can't divert your normal earnings into the pot and you learn that it's easier to trade goods than labour for money.

C2C
Post Tue Mar 22, 2005 5:17 pm
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GoldenGirl
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This sounds like the story of 'compound interest' and how it works over time. I LIKE compounding!!...the penny story showed me how my $125 was gonna turn into a few hundred G's after a couple of years!...it is also a good way to show your kids what saving can do for them in the future... Very Happy

hmmm..how do you get someone to give you $40 to make it $80? Tell them that they can have a % of your end result. Each time you need to double give them that incentive? (seems to me this would also show you how doubler programs get people involved...it is called 'play on their greed')... Wink This might also explain why all those programs eventually collapse! It is fairly simple to get someone to give you their $40 but try getting the mega G's as time goes on! Everyone wants to get in when it is a small investment for big gain, but no one wants to be in at the end when it takes a huge sum to get almost zippo back.

That's my 2 pennies.

GG
Post Tue Mar 22, 2005 5:27 pm
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Cheque2Cheque
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Sorry - I didn't explain it very well. I don't want any one to give me $40 - I want to earn it.

I now have $40 to invest in something that will result in me eventually having $80. No time limit here but the eventual goal is to double to $1M so obviously a bank account won't cut it. It also doesn't have to be in one step - let's say I spend $30 on a book and sell it for $40. I'll then have $50 to invest to make the total of $80. If I buy the book for $30 and sell it for $60, I have to spend the excess on myself (game rules).

So, I'm looking for ideas that could potentially be used to turn $40 into $80.

C2C
Post Tue Mar 22, 2005 7:05 pm
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Andrew
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This is great, because it forces you to really think about earning money.

You wouldn't want to gamble it, because you would likely lose, and then you'd be back to square one.

Methodical steps to a million...

Keep us posted!
Post Tue Mar 22, 2005 7:33 pm
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SnapThat
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Wow, this is a great idea Wink I think it tests your thinking more than anything, even if you don't get all the way to step 28.

JavaHive - Get Paid to Post! | Inbox Dollars
Post Wed Mar 23, 2005 11:43 am
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Cheque2Cheque
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Now I know why people stay as employees!

8:00
- think up with product name
- reseach product on net
8:30
- start making product
- come up with rough guesstimate on cost ($5)
10:00
- finish making product
10:30
- Test product. Success!
- Design packaging and label
- research pricing on net
- determine price point
11:00
- 2 packages complete

Got to bed thankful I don't have to do this for a living.
Get up early.

6:30
- Find better tool to help packaging process
7:00
- Final 9 packages complete. Possible profit = $6/hr Shocked

Sales update to come.
C2C
Post Wed Mar 23, 2005 12:11 pm
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Cheque2Cheque
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Sales Update:

Sold 9 packs for a $13.00 profit.

ROI: 300% Very Happy

Pay per hour: ~$3.00 Rolling Eyes

Lessons:
1. Repeat/regular customers are a gold mine.
2. Efficient processes are a necessity.
3. This is going to be a long and painful process.

C2C
Post Thu Mar 24, 2005 2:44 am
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Keiron.A.Graffie
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i love c2c: i may post when i am @ num 28
Post Thu Mar 24, 2005 3:34 am
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Andrew
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Fantastic!

You never know where an idea may lead you, lucrative inspiration is just around the corner...
Post Thu Mar 24, 2005 4:51 am
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Cheque2Cheque
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This was in my inbox this morning from Aaron Turpen of Aaronz Auction Newsletter:

quote:
Almost every day I am asked by someone through my newsletters, auctions, etc. the same question... "What should I sell?"

I always answer in the same way, with a question: "What do you like?"


Now I realize exactly what he's talking about. If I loved making something, $3/hr would be great. Just doing it for the money is a waste of time!

The funny thing about this game is that I always think the higher levels will be easier. If only I had $100,000, I could invest in real estate... Very Happy

C2C
Post Thu Mar 24, 2005 2:46 pm
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I-Cash
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Great way. But whats the best way of doubling your money?
Post Sat Mar 26, 2005 1:38 am
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