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Friday, April 19, 2013

Becoming a Millionaire in just 20 steps where to Start





Perhaps becoming a millionaire isn't one of your priorities for the coming months and years. But surely you would be interested in finding out about a way to earn more money, a lot more money, starting today.
Imagine all the things you could do if you had more money at your disposal: buy a bigger house or a new car; take exotic holidays; go out more often; help your friends; give more to charity etc. You'd be able to make all the things you've been dreaming about come true. You'd experience that calm sense of assurance that financially comfortable people feel: a sense of complete security about the future and total confidence in themselves.


What can you do to earn all this money? Well, I'm going to show you a simple process that can make you a millionaire. After that, it's up to you to set your own limits: $50,000, $100,000, $750,000, $l, 000,000 - it's totally up to you! Later on we'll take a look at the advantages and the risks of this method. And also at ways to limit those risks and obtain maximum benefits. Ready? Imagine that you've written a direct mail letter which brings you a return of $2 for every $1 you invest. Starting with only $1, you'd have to reinvest your earnings only 20 times in order to make a million dollars. Sounds too good to be true? Well, here's the proof:

1st time           $          2                      5
2nd                  $          4                      10
3rd                   $          8                      20
4th                    $         16                    40
5th                   $          32                   80
6th                   $          64                    160
7th                   $          128                 320
8th                   $          256                 640
9th                   $          512                  1,280
10th                 $          1,024               2,560
11th                 $          2,048               5,120
12th                 $          4,096               10,240
13th                 $          8,192               20,480
14th                 $          16,384             40,960
15th                 $          32,768             81,920
16th                 $          65,536             163,840
17th                 $          131,072           327,680
18th                 $          262,144           655,360
19th                 $          524,288           1,310,720
20th                 $          1,048,576        2,621,440

'But,' you may object, 'at the rate of one mailing a month, using the same letter 20 times would take over a year and a half.' Well, there's nothing to prevent you, commercially, legally or financially speaking, from sending out a mailing once a week. At that rate, it would only take you five months to make your first million. Also, you're not obliged to invest only $1 at the start. If your initial investment is $5, you'd only need 19 mailings to reach your goal. It's always technically and financially better to send out the largest number of letters you can: doing this substantially improves the cost/ return ratio for each letter sent 
Get full details of this article on this blog by searching for article: How to write letter than sell

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