How to Make Lots of Money Fast Understanding the Concept
How to make lots of Money Fast is what many are asking Today. People around the world have been put in a cash crisis and more and more people are being forced to work two or even three jobs a day just to survive.
The first step is to realize that money is a tool and once you learn how to apply this tool it will not be difficult to acquire. Have you wondered how many who have made millions and then turn around and lost all that they had, have been able in a very short time to make millions back? Their attitude and their thought process regarding money is different from the average person. You see you can either work hard for money all your life or you can learn how to make money work for you.
How to make lots of money fast the first thing that we need to learn is how to leverage your time and money. Example: If I were to ask you which would you have between giving you $10,000 cash today, or if I were to say if you wait 30 days I will give you the equivalent of one penny a day doubled for 30 days which would you choose? The average person would say that they would take the $10,000 now because they see it as a large sum and it is very attractive.
Here is the interesting fact of multiplication. If you were to take that penny and doubled it each day, at the end of the first week you would only have $00.64. Which does not seem like much, however the beauty is that multiplication is working, so at the end of next week the $0.64 grows into $81.92. Now that is considerably higher than the mere $0.64. When you look at the amount of $10,000 it would seem that the logical choice should be the $10,000.
Here is where you start to understand how to make lots of money fast and how this concept starts to kick in. The second week you have made $81.92 and now it is still multiplying so that at the end of the 3rd week or the 21 days you have now earned $10,485.76. You have just in 3 short weeks have a little more than the $10,000 that was just going to be handed to you by waiting. That is a $485.76 profit you have just received by having a little patience.
Understanding the idea of leveraging is that when you first start out your profits will seem real low and many people get discouraged. They perceive their time being more valuable at the amount they receive. This is why the $10,000 seems so attractive. When you learn how to leverage money and have money work for you while having patience, persistence and staying focused at the task in front of you your attitude will change regarding money.
Let’s finish doubling a penny each day. Now in the 21 days that we have just started out you have $10,485.76. By continuing on for just 7 more days which make it a total of 28 days, by doubling one penny a day your total now reaches $1,342,177.28. You are now a millionaire just by having patience, persistence and one who is focused on the task at hand.
There are many businesses on and offline that will help you achieve success. We have just got to change our thinking regarding money and learn the power of leveraging your time and money. This is one of the ways that many have learned how to make lots of money fast. Money is a tool and we have to think differently about acquiring this tool.
This can also consider as a method when you want to reinvest your affiliate marketing revenue. Next time think twice about what you want to do with your revenue : )
Best,
Ali
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Very good post and it just goes to show you what can happen if one has patience.
Nice to see that it was useful for you )