Billionaire's Formula

FV = PV * (1+r)^n

FV = future value of money
PV = present value of money
r = rate of return or interest rate
n = period or time

It's really as simple as this, not new but I guess a seldom used formula. Let's decipher this formula into a more realistic business point of view.

As an example I will illustrate Mr. Bill Gates, Microsoft Inc.

FV(Bill Gates) = PV (invented operating system) * (1 + r (microsoft sales)) to the power of n (number of years microsoft has been around)

If Bill Gates started with 1 cent as a present value of his operating system and sold 2 the first year, 4 on the 2nd year, 8 on the 3rd year, 16 on the 4th, and so forth for the next 30 years. His Future Value will be = $ 10,737,418.24. But he sold and still selling way more than that. That's why he's a billionaire. Money begets money and when it reaches a critical mass it'll be like a snowball rolling downhill turning into an avalanche.

$ 10,737,418.24 = .01 * (1 + 200%)^30

1: $.02
2: $.04
3: $.08
4: $.16
5: $.32
6: $.64
7: $1.28
8: $2.56
9: $5.12
10: $10.24
11: $20.48
12: $40.96
13: $81.92
14: $163.84
15: $327.68
16: $655.36
17: $1,310.72
18: $2,621.44
19: $5,242.88
20: $10,485.76
21: $20,971.52
22: $41,943.04
23: $83,386.08
24: $167,772.16
25: $335,544.32
26: $671,088.64
27: $1,342,177.28
28: $2,684,354.56
29: $5,368,709.12
30: $10,737,418.24

Simple? This computation is not new and I know it's easier said than done. However, save this formula, and if you find a money making business, work, or product, plug in your numbers in the formula and see for yourself that it actually work. Remember that you can also invest your money in stocks, real estate, etc. Leveraging your money to work for you is the key ingredient in this equation, and it doesn't matter whether you start small or large investment because you'll have the same constant formula in doubling your money.

As a bonus allow me to leave you this trivia question. Take a chess board and a grain of rice double that grain of rice on the 1st square, 4 grains on the 2nd, 8 grains on the 3rd and so forth until you fill in 64 squares. How much rice do you suppose you'll have?

Best of luck.

Billionaire's Formula from spiritwarrior on Comiqs


Easy Money Online

Let's start making some quick money. I suggest for you to try online selling communities like eBay or Online selling communities have been a good source of income for retailers because they allow you to reach customers locally and internationally without having to spend on an actual shop, staffing, physical campaigns, and other expenses associated with offline business. A simple imagination and a good working knowledge of the ins and outs of the site you've chosen, can spell a profitable home based business capable of running by itself.

Keep in mind that online buyers look for bargains of hard to find items. So used items, gadgets, antiques, collectibles, and imported goods are very popular. It's a good idea to spend a few hours browsing the online selling sites to see which items move fast.

To get started, these sites require a simple registration process. By signing up you will learn the basics, and participating in selling and buying will give you the experience needed to enter into this kind of business.

The most important thing to learn first is to define clearly the item description you want to sell because this could make or break a sale. Your description should be brief but thorough, including information about payment, shipping, warranties. You could either participate in auctions where price is variable and the highest bidder wins, or a fixed price where the first buyer to contact you gets to buy the item.

Easy Money Online from spiritwarrior on Comiqs