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Invest $100 Dollars and Grow Enough Seed Capital to Start Your Own Business
Do you have ideas for a business you want to start, but don’t have the seed capital needed to get your business idea off the ground? Are you tired of your credit or financial situation? There is a way that you can raise enough seed capital to start your own business and even build a substantial income. If a sixteen year old can do that with their lawnmower in a month, then you can too!
One summer day I watched my neighbor’s teenage son as he went door to door with his lawnmower offering to cut grass in our neighborhood. I asked him how many lawns he cut that week and he said four and needed two more to make $120 dollars. I admired the determination and ambition of the young man and I asked him if he was saving for anything in particular. He told me he wanted to buy a car which cost $1200 dollars which he hoped to save by the end of summer.
My neighbor’s son didn’t realize that what he was doing was similar to the concept of compounding money. If he repeated mowing the lawns of the neighbors who paid him every week and added one more lawn a day every week, his money would grow exponentially. His $120 from the first week of mowing one lawn a day would double the second week to $240; adding one more a day the third week to $360 dollars and by the fourth week he would earn $480 dollars for his weekly work. His earnings for four weeks would have been $1,200 dollars. If he thought he could make enough to buy his car by adding one sod a day, six days a week, for four weeks, I’m sure he would have done it without any problem. Otherwise, he would take the entire summer at $120 dollars a week to earn his $1200 dollars to buy his car.
This is how compounding your money works. The goal is to take the initial investment and increase it by 30% or more. Using this example, the first $120 dollars never left the young man’s pocket; his investment object (which was his physical labor) increased his investment ten times by adding to his weekly earnings. He would have made ten times his initial goal of $120 dollars a week in just four weeks, a 1,000% return!
Imagine if this was your $120 dollars that you started with as your initial investment. The difference is, instead of doing the hard type to make your money grow, you used the internet to find investment properties with intrinsic value that you could buy. You would have enough profit margin built in to locate buyers to purchase your investment property, which would give you a Return on Investment (ROI) of 30% or higher. The key to this method of compounding money is to repeat this process by reinvesting your profits back by buying items of greater market value and reselling for a higher ROI.
The great thing about compounding is that you can start with whatever money you have to work with. You can start with $100 dollars and build enough seed capital to start two or three businesses. Use the internet to look for investment opportunities that you can invest in and build on. If a sixteen-year-old can do that with his lawnmower, you have a much greater advantage; you don’t need a lawnmower as your tool, you just need the knowledge and then the skill. Knowledge can be acquired, and the ability will come through experience. So gather your initial seed capital and get started!
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