31 Step Success Building Starting with a PENNY
...

DAY # 246

UPDATE: Thursday, 23-Feb-2006 9:57 PM

Since Monday I have been a bit secretive about what I was doing, while keeping very busy about it. Well, the bottom line is that all this planning, all this building and all this deploying cost money. I did raise a significant amount at the start several years ago. I also had to put up a lot of funds of my own. However, the way things go, one always needs 2X more before a grandiose plan such as mine will see reality.

Now that I have mentioned it, the grandiose plan (major network) is very much growing and I can take the monthly cash flow and run the company. However, I could just run the company. That is not what I want to do. I want to make this into a great company. I may not want to be the CEO of Maxsimo.NET. When the Maxsimo.com Global Discount Card is introduced, perhaps, the penetration of the card on a worldwide basis could justify a new leader at the helm.

When I look at some of the other major partnerships on the Internet that is what I see done. Initially, the originators run the show and then bring on an experienced tech leader and then things keep moving along and growing nicely. Perhaps, that is what can be done.

Keeping the above ideals in mind, I set out to take "equity" that has been created in the company and sell it off in a unique way to add additional capital into the Maxsimo Card Services, Inc. Here is the way I set about doing it:

I took the first 40 positions created in the company and set them aside to IRs who would build the company rapidly. In my case I didn't know too many such individuals and my attempts to contact such persons fell on deaf ears. So, I took the positions again, and restructured them in another way using the businesscreditbuilding.com model. I have put them up for 'sale' in a unique way and I have showcased that here:

At the businesscreditbuilding.com site >>

I discussed doing this back in August or September, but at that time the software was still not proven. Furthermore, the finer details of what I wanted to do were not "part of my vision". Well, that vision took nearly six months to materialize. The reason that I am all out to accomplish this task is to see that during the first year after launching the network that I see revenues that are many factors of what I spent to get to that point using purely sales of memberships as a measure.

I am confident that I can get there. I think by noon tomorrow I will be ready to debut businesscreditbuilding.com, the sales area and the PDF file that is getting sent when someone requests the information.

Inadvertently, the work this week has gone back to the beginning when last year I setup businesscreditbuilding.com after doing a lot of work and research into getting the corporate credit built up.

Now my work extends into updating the entire network in the coming months to the next level while getting Maxsimo.com, biig.com and other support sites of the network working. It is a lot of work, but then again, anything worthwhile is a lot of work!

Most of my planning and preparation is paying off and I hope sales will continue to grow. Still there is a lot of work, but nothing that I have not anticipated --just the normal execution of the business plan. I still think that having a good "war chest" of credit and cash will make it possible to reach the next step in this whole process. And the next step in all of this is to be able to serve millions of members in Maxsimo.NET.

With that thought I will call it an end to the day. Carpe Diem. Sam.

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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...

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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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