31 Step Success Building Starting with a PENNY
...
DAY 10 UPDATE: Tuesday, 19-Oct-2004 8:51 PM

Another week starts. It's Tuesday. Not Monday as I mentioned in the previous week. My Mondays tend to be very busy with postal mail, email from the weekend, etc. taking up a lot of time. I suppose my blogging will be limited to about 4 days a week. However, I'll do my best not to blog on weekends. I try to stay away from the pc as much as I can. I think we all know how that goes. Not well. But I try.

I spent a good part of the weekend thinking about how I am going to accomplish some revenue generation from the site. Then I once again reversed my ealier decision and thought it's best to scrap any sales from here and leave that for my other two projects that actually have a very good product to sell.

Well, I don't want to sound like this project is less important or that what you see here is not worthy of a price tag on it. However, my point is that I want to share my thoughts, goals and desires --success too, and not ask someone to pay something for it.

It happened several times in my travels where I entered some place at no cost, only to find out later that I am being asked for a "donation" or some fee near the exit. I don't like that.

So, I would like to welcome all visitors here but not charge for anything on the site.

I hope I can keep that thought and live up to it. I hope...

Ok, now I have completed many of the tasks that I had in the "TO DO LIST" and just a few others are left.

I have also spent a lot of time reading about promotions online. The good news is that search engines pay a lot of attention to blogs and text from blogs register high in searches.

That's the good part. The problem is that if I get lost in the sea of blogs out there, like many web sites have done over the years.

I'll just wait and see.

On the funds front, I am still at STEP 10 with 5 ATTEMPTS.

I have a collectable for a product that I sold and I will be getting $3995.00 before Thanksgiving day. However, because this is not "money in hand" I have not counted it.

And speaking of money -- I have deposited the small amount of cash in a new bank account. Out of sight, out of mind. I don't want to use it for pizza or something, as it lays here on my desk.

Back to the funds. Getting the $3995.00 collected will take me to STEP 17, but why wait.

So, I have been working on completing my newest project (which I will share with everyone next week) involving stock market information.

For those of you who are new to the idea of compounding, there is no better way to build a networth or a 31-STEP Financial Success Plan™ other than by relying on stocks.

However, I'd like to get to about STEP 19 or 20 without the aide of stocks.

From there the plan is to use stocks -long and short, put and calls (options) to build the steps. How long will it take? I don't know. I have managed returns of over 100% in the past and hope to continue that well into several more years. So, it may take as many as 5 to 6 years to get all 31-STEPS done. But don't fret... I also have some ideas that will considerably shorten that span.

I'll share all these thoughts as my blog and this sites get updated on a regular basis.

That's it for now... More details as the week continues. Out for now. Sam.

DAY 9 | TODAY: 10 | DAY 11

 

 
 

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Legal Note: I am not a Financial Advisor, Lawyer or Accountant. If you are going to do this on your own seek professional help when you need it. Through this site, my BLOG, I am simply sharing my thoughts, goals, and showing what I am doing. Collectively "INFORMATION" that you can read to follow along. Otherwise, go here...

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Below are links to my thoughts, comments, actions, results and a BLOG as I take ONE PENNY (USD$0.01) and double it thirty one times utilizing a 31-STEP Success Plan™ in an effort to build the PENNY to USD $10,737,418.24:

STEP 01: $0.01
STEP 02: $0.02
STEP 03: $0.04
STEP 04: $0.08
STEP 05: $0.16
STEP 06: $0.32
STEP 07: $0.64
STEP 08: $1.28
STEP 09: $2.56
STEP 10: $5.12
STEP 11: $10.24
STEP 12: $20.48
STEP 13: $40.96
STEP 14: $81.92
STEP 15: $163.84
STEP 16: $327.68
STEP 17: $655.36
STEP 18: $1,310.72
STEP 19: $2,621.44
STEP 20: $5,242.88
STEP 21: $10,485.76
STEP 22: $20,971.52
STEP 23: $41,943.04
STEP 24: $83,886.08
STEP 25: $167,772.16
STEP 26: $335,544.32
STEP 27: $671,088.64
STEP 28: $1,342,177.28
STEP 29: $2,684,354.56
STEP 30: $5,368,709.12
STEP 31: $10,737,418.24

 

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