Library of ideas
Library of Ideas

crucible of experience
Crucible of Experience

stairway to a fortune
Stairway to a Fortune

Treasury of Tales
Treasury of Tales

Vault of Old Videos
Vault of Old Videos

Portfolio of Motivation
Portfolio of Motivation

Table of Negotiation
Table of Negotiation


Additional articles:

Get Rich After Retirement

Never Break the Copper Rule!

Barter Page

Stairway to a Fortune Overview

capital deeds and certificates

There are no rules.  Every step  will be legal because the law requires it.  All steps  will be, moral, and a good thing rather than bad, because we are decent human beings.  Life is a curve not a straight line.  Stairways follow straight lines, but life does not.  Our path design will be linear, but our actual steps will stagger, leap, and fall back on occasion.  That is life!

Our objective is to start with nothing, acquire something, and trade, cash in, or sell it for more than it cost us to net 10%.  That sounds easier than it is, but it is possible.  Our final goal will be…well a fortune.  You set the final number.  Turn to the end of the plan to see what my goal is…but remember all the steps curve around the plan.  The plan is straight line and rigid.  The actual process will be wonderfully dynamic and alive.  We adjust to every obstacle.  We only follow the plan because it is easier to get where we want to go, if we know where we are going. 

A step will be defined as whatever it takes to net a 10% gain.  If we only gain 5% then we invest again to make the other 5% or more.  If we net 20%  we put the extra money in a reserve fund to help us:

  1. recover from losses
  2. fund multiple investments while waiting for earlier investments to mature
  3. allow us to make occasional investments larger than the restriction of our plan but only with extreme caution.
  4. always be fully funded never forcing us to compromise because of a margin call or equivalent credit crunch.

We will keep our deals on a cash basis because that is the strongest position.  Most of the world’s entrepreneurs believe it is better to operate on other people’s money.  That works for bankers, government, and wall street, but that world is in trouble right now.  We don’t need that kind of trouble to make our fortune.  Cash is safe and almost certain.

 

First step is to find a penny or coin of smallest denomination for your country.  Net gain= $0.01.

Step 2 is to pick up a garbage sack full of aluminum cans and sell them for >$1.00  Put the excess in the reserve and up to a dollar to fund the next acquistion.

Step 3 is to buy something for under a dollar (including all expenses) and sell it for >$1.10.

Step 4 is to acquire something for <$1.10 and sell it for >$1.21       

Step 5 is to acquire something for <$1.21 and sell it for >$1.33
Step 6 is to acquire something from our junk, repair it for <$1.33 and sell it for >$1.46
Step 7 is to acquire something for <$1.46 and sell it for >$1.61       

Step 8 is to acquire something for <$1.61 and sell it for >$1.77       
Step 9 is to save money on something  for <$1.77 and add it for >$1.95    
Step 10 is to acquire something for <$1.95 and sell it for >$2.14
                                                                                          
Step 11 is to acquire something for <$2.14 and sell it for >$2.35     
Step 12 is to acquire something from our junk, repair it <$2.35 and sell it for >$2.59
Step 13 is to acquire something for <$2.59 and sell it for >$2.85     
Step 14 is to acquire something for <$2.85 and sell it for >$3.13     
Step 15 is to acquire something for <$3.13 and sell it for >$3.45
                                                                                          
Step 16 is to acquire something for <$3.45 and sell it for >$3.79     
Step 17 is to acquire something for <$3.79 and sell it for >$4.17     
Step 18 is to acquire something for <$4.17 and sell it for >$4.59     
Step 19 is to acquire something from our junk, repair it <$4.59 and sell it for >$5.05
Step 20 is to acquire something for <$5.05 and sell it for >$5.56
                                                                                          
Step 21 is to acquire something for <$5.56 and sell it for >$6.11     
Step 22 is to acquire something for <$6.11 and sell it for >$6.72     
Step 23 is to reduce our junk, repair it for <$6.72 and sell it for >$7.39
Step 24 is to acquire something for <$7.39 and sell it for >$8.13

Step 25 is to acquire something for <$8.13 and sell it for >$8.94     
Step 26 is to acquire something for <$8.94 and sell it for >$9.84     
Step 27 is to acquire something for <$9.84 and sell it for >$10.83
Step 28 is to reduce our junk with something, repair it for <$10.83 and sell it for >$11.90
Step 29 is to acquire something for <$11.90 and sell it for >$13.09

Step 30 is to acquire something for <$13.09 and sell it for >$14.40
Step 31 is to acquire something for <$14.40 and sell it for >$15.84
Step 32 is to acquire something for <$15.84 and sell it for >$17.43 
Step 33 is to reduce our junk with something, repair it for <$17.43 and sell it for >$19.17
Step 34 is to acquire something for <$19.17 and sell it for >$21.09

Step 35 is to acquire something for <$21.09 and sell it for >$23.20 
Step 36 is to acquire something for <$23.20 and sell it for >$25.52 
Step 37 is to reduce our junk with something, repair it for <$25.52 and sell it for >$28.07
Step 38 is to acquire something for <$28.07 and sell it for >$30.88
Step 39 is to acquire something for <$30.88 and sell it for >$33.97
                                                                                          
Step 40 is to acquire something for <$33.97 and sell it for >$37.36
Step 41 is to acquire something for <$37.36 and sell it for >$41.14

 

Step 42 is to reduce our junk with something, repair it for <41.14 and sell it for >$45.25
Step 43 is to acquire something for <$45.25 and sell it for >$49.78
Step 44 is to acquire something for <$49.78 and sell it for >$54.76
                                                                                          
Step 45 is to acquire something for <$54.76 and sell it for >$60.24

Step 46 is to acquire something for <$60.24 and sell it for >$66.26

Step 47 is to acquire something for <$66.26 and sell it for >$72.89

Step 48 is to acquire something for <$72.89 and sell it for >$80.17 
Step 49 is to acquire something for <$80.17 and sell it for >$88.19

 

Step 50 is to acquire something for <$88.19 and sell it for >$97.01 

Step 51 is to acquire something for <$97.01 and sell it for >$106.71 

Before people thought we were petty negotiating over pennies, from here on out we’ll be dealing with a bit larger numbers.  It never mattered what people thought anyway.  We are on a cash basis.  We don’t need their approval.

 

Step 52 is to acquire something for <$106.71 and sell it for >$117.39  

Step 53 is to acquire something for <$117.39 and sell it for >$129.12 
Step 54 is to acquire something for <$129.12 and sell it for >$142.04 

Step 55 is to acquire something for <$142.04 and sell it for >$156.24 
Step 56 is to acquire something for <$156.24 and sell it for >$171.87   

Step 57 is to acquire something for <$171.87 and sell it for >$189.05   

Step 58 is to acquire something for <$189.05and sell it for >$207.96

Step 59 is to acquire something for <$207.96 and sell it for >$228.76 

Step 60 is to acquire something for <$228.76 and sell it for >$251.63

Step 61 is to acquire something for <$251.63 and sell it for >$276.80

Step 62 to acquire something for <$276.80 and sell it for >$304.48

Step 63 is to acquire something for <$304.48 and sell it for >$334.92    

Step 64 is  to acquire something for <$334.92 and sell it for >$368.42  

Step 65 is to acquire something for <$368.42 and sell it for >$405.26
Step 66 is to acquire something for <$405.26 and sell it for >$445.79
Step 67 is to acquire something for <$445.79 and sell it for >$490.37
Step 68 is to acquire something for <$490.37 and sell it for >$539.40
Step 69 is to acquire something for <$539.40 and sell it for >$593.34 

Step 70 is to acquire something for <$593.34 and sell it for >$652.68
Step 71 is to acquire something for <$652.68 and sell it for >$717.95 
Step 72 is to acquire something for <$717.95 and sell it for >$789.74
Step 73 is to acquire something for <$789.74 and sell it for >$868.72
Step 74 is to acquire something for <$868.72 and sell it for >$955.59 

           

Step 75 is to acquire something for <$955.59 and sell it for >$1,051.15

           Things have changed.  Now you are a thousandaire

Step 76 is to acquire something for <$1,051.15 and sell it for >$1,156.26
Step 77 is to acquire something for <$1,156.26 and sell it for >$1,271.89 

Step 78 is to acquire something for <$1,271.89 and sell it for >$1,399.08
Step 79 is to acquire something for <$1,399.08 and sell it for >$1,538.99
Step 80 is to acquire something for <$1,538.99 and sell it for >$1,692.89
Step 81is to acquire something for <$1,692.89 and sell it for >$1,862.18
Step 82 is to acquire something for <$1,862.18 and sell it for >$2,048.40 

       Things have changed again; now you are a multi-thousandaire

Step 83 is to acquire something for <$2,048.40 and sell it for >$2,253.24
Step 84 is to acquire something for <$2,253.24 and sell it for >$2,478.56
Step 85 is to acquire something for <$2,478.56 and sell it for >$2,726.42
Step 86 is to acquire something for <$2,726.42 and sell it for >$2,999.06
Step 87 is to acquire something for <$2,999.06 and sell it for >$3,298.96 
Step 88 is to acquire something for <$3,298.96 and sell it for >$3,628.86
Step 89 is to acquire something for <$3,628.86 and sell it for >$3,991.75
Step 90 is to acquire something for <$3,991.75 and sell it for >$4,390.92
Step 91 is to acquire something for <$4,390.92 and sell it for >$4,830.02
Step 92 is to acquire something for <$4,830.02 and sell it for >$5,313.02   

Step 93 is to acquire something for <$5,313.02 and sell it for >$5,844.32
Step 94 is to acquire something for <$5,844.32 and sell it for >$6,428.75
Step 95 is to acquire something for <$6,428.75 and sell it for >$7,071.63
Step 96 is to acquire something for <$7,071.63 and sell it for >$7,778.79
Step 97 is to acquire something for <$7,778.79 and sell it for >$8,556.67  

Step 98 is to acquire something for <$8,556.67 and sell it for >$9,412.34
Step 99 is to acquire something for <$9,412.34 and sell it for >$10,353.57
Step 100 is to acquire something for <$10,353.57 and sell it for >$11,388.93
Step 101 is to acquire something for <$11,388.93 and sell it for >$12,527.82
Step 102 is to acquire something for <$12,527.82 and sell it for >$13,780.61

Step 103 is to acquire something for <$13,780.61 and sell it for >$15,158.67
Step 104 is to acquire something for <$15,158.67 and sell it for >$16,674.54
Step 105 is to acquire something for <$16,674.54 and sell it for >$18,341.99

Step 106 is to acquire something for <$18,341.99 and sell it for >$20,176.19
Step 107 is to acquire something for <$20,176.19 and sell it for >$22,193.81

Step 108 is to acquire something for <$22,193.81 and sell it for >$24,413.19
Step 109 is to acquire something for <$24,413.19 and sell it for >$26,854.51
Step 110 is to acquire something for <$26,854.51 and sell it for >$29,539.96
Step 111 is to acquire something for <$29,539.96 and sell it for >$32,493.96
Step 112 is to acquire something for <$32,493.96 and sell it for >$35,743.35 

Step 113 is to acquire something for <$35,743.35 and sell it for >$39317.69
Step 114 is to acquire something for <$39317.69 and sell it for >$43,249.46
Step 115 is to acquire something for <$43,249.46 and sell it for >$47,574.41
Step 116 is to acquire something for <$47,574.41 and sell it for >$52,331.85
Step 117 is to acquire something for <$52,331.85 and sell it for >$57,565.03

Step 118 is to acquire something for <$57,565.03 and sell it for >$63,321.54
Step 119 is to acquire something for <$63,321.54 and sell it for >$69,653.69
Step 120 is to acquire something for <$69,653.69 and sell it for >$76,619.06
Step 121 is to acquire something for <$76,619.06 and sell it for >$84,280.97
Step 122 is to acquire something for <$84,280.97 and sell it for >$92,709.06

Step 123  is to acquire something for <$92,709.06 and sell it for >$101,979.97
Step 124 is to acquire something for <$101,979.97and sell it for >$112,177.97
Step 125 is to acquire something for <$112,177.97and sell it for >$123,395.77
Step 126 is to acquire something for <$123,395.77and sell it for >$135,735.34
Step 127 is to acquire something for <$135,735.34 and sell it for >$149308.88 

 

Step 128 is to acquire something for <$149308.88 and sell it for >$164239.77
Step 129 is to acquire something for <$164239.77 and sell it for >$180663.74
Step 130 is to acquire something for <$180663.74 and sell it for >$198730.12
Step 131 is to acquire something for <$198730.12 and sell it for >$218,603.13
Step 132 is to acquire something for <$218,603.13 and sell it for >$240463.44 

The above numbers are correct.  The below numbers all need to be verified

 

Step 133 is to acquire something for <$240,463.44 and sell it for >$264,509.79
Step 134 is to acquire something for <$264,509.79 and sell it for >$290,960.77
Step 135 is to acquire something for <$290,960.77 and sell it for >$320,056.84
Step 136 is to acquire something for <$320,056.84 and sell it for >$352,062.53
Step 137 is to acquire something for <$352,062.53 and sell it for >$387,268.78 

Step 138 is to acquire something for <$387,268.78 and sell it for >$425,995.66
Step 139 is to acquire something for <$425,995.66 and sell it for >$468,595.23
Step 140 is to acquire something for <$468,595.23 and sell it for >$515,454.75
Step 141 is to acquire something for <$515,454.75 and sell it for >$567,000.23
Step 142 is to acquire something for <$567,000.23 and sell it for >$623,700.25

Step 143 is to acquire something for <$623,700.25 and sell it for >$686,070.28
Step 144 is to acquire something for <$686,070.28 and sell it for >$754,677.30
Step 145 is to acquire something for <$754,677.30 and sell it for >$830,145.04
Step 146 is to acquire something for <$830,145.04 and sell it for >$913,159.54
Step 147 is to acquire something for <$913,159.54 and sell it for >$1,004,475.49

Things have changed again!  Now you are a millionaire.  You’ve earned it!

 

Step 148 is to acquire something for <$1,004,475.49 and sell it for >$1,104,923.04
Step 149 is to acquire something for <$1,104,923.04 and sell it for >$1,215,415.35
Step 150 is to acquire something for <$1,215,415.35 and sell it for >$1,336,956.88
Step 151 is to acquire something for <$1,336,956.88 and sell it for >$1,470,652.57
Step 152 is to acquire something for <$1,470,652.57 and sell it for >$1,617,717.83

Step 153 is to acquire something for <$1,617,717.83 and sell it for >$1,779,489.61
Step 154 is to acquire something for <$1,779,489.61 and sell it for >$1,957,438.58
Step 155 is to acquire something for <$1,957,438.58 and sell it for >$2,153,182.43

Now you are a multi-millionaire.  Invest your money in something like municipal bonds or rent houses to give you a nice passive income.  Go find another penny and do this all over again.  Wasn’t that fun?