31 Step Success Building Starting with a PENNY
...

DAY # 511: New 11 PART SERIES -- RULES to BUILD NETWORTH

UPDATE:
Tuesday, 05-Dec-2006 9:24 AM

One of the commitments that I made at the start of the year was http://www.maxsimo.org. I originally started it as a place to input any beneficial "program" to society". Then I narrowed it down to "school projects" or schools. I am now inserting 11 articles that sponsor at least ONE project from Maxsimo.NET into the 8 or 9 pages (STEPS) that I can sponsor to build the funds.


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Another dream...

Another dream


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...

-- My TEST BLOG --

Since the idea was started by me, and I could not find any sponsors for it, what I am doing is building the initial part of it. The sponsors for the site will come later. I suppose the network that I created will be the sponsor. Additionally, the articles will be heavily oriented towards SMALL BUSINESS/HOME BUSINESS, FINANCIAL IDEAS and other network products.

Coincidentally, these also happen to be "content" that attract very high-value ads from Google. Once again, success begets success. Write about making a success and that brings on success that brings on more success.

Ok, now on to the draft of the FIRST ARTICLE, which I will finish during my lunch today.

UPDATE:
Tuesday, 05-Dec-2006 11:27 PM

So much for lunch... It just flew by as I was trying to resolve a major work task --setting up the new representative management system.

Well, that is nearly done, and an Associate is left to finish those tasks. I think tomorrow (Wed) we can re-launch the system.

Now on to finishing my task...

BUILDING NETWORTH:

Best Investment: HOME

While starting out as a 20 or 30 something, the first and foremost investment is your own home. Not only will you be avoiding the funds paid to a landlord on a monthly basis, but you'll start to add to your own equity from the first year.

1. Best ROI in a home --old bath, then a kitchen. Look for homes where these can be updates at a low cost.

2. Refinance only when a point can be shaved.

3. Put either 20% down or plan on paying a "13th month" -- OR do both. A 30-year mortgage will come down to about 12 years.

4. 30/40 -- keep your home expenses to 30% of income while keeping total debt to 40% of income.

This entire "SERIES" is planned as an update to maxsimo.org, and will take up a STEP on that site. However, there is a LOT more to this than one day's typing. I will take this up again later in the week.

Carpe Diem, Sam.

UPDATE: 2008-08-29 23:17:21:UTC+00:00
------------Business Success Wisdom for the Day:

Text file with business success tips at p31.com The aim of life is self-development. To realize one’s nature perfectly — that is what each of us is here for. Oscar Wilde

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BACK to DAY 510 | TODAY is DAY 511 | NEXT is DAY 512

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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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