HOW TO TURN $100 INTO $1000 (6 BEST WAYS) episode artwork

EPISODE · Jun 16, 2022 · 16 MIN

HOW TO TURN $100 INTO $1000 (6 BEST WAYS)

from Productive Not Busy Podcast · host Wayne Weathersby

Just like everything else we discuss on this show is... Have a PLAN and Take ACTION!! The first thing I'd do is purchase Napoleon Hill's "Think and Grow Rich." The SECOND book I would acquire is Dale Carnegie's "How To Win Friends And Influence People." Timothy Ferris' "The 4 Hour Work Week" is the THIRD book i would buy. Fourth, purchase Vicki Robin's book "Your Money or Your Life." The total cost of all four books should be less than $50... I PROMISE YOU, if you truly go through and read what I just described, it'll be IMPOSSIBLE for these books to not pay for themselves 100 times over in the next five to ten years. THE SECOND OPTION IS TO INVEST IN THE STOCK MARKET. I'd treat $100 as a one-way ticket to real-world experiences that will teach you how to evaluate companies, research fundamentals on your own, understand swing trading, learn what all these terms mean, and experience the full range of investing emotions, and otherwise fund your education with $100 in the market. THIRD: START AN ENTREPRENEURSHIP Warren Buffet used this method as a youngster as well...believe it or not, his first business was a $25 pinball game that he put up in a barbershop when he was 17 years old in 1946. Warren Buffet acquired the machine and bargained with the barbershop, his friend fixed it, and they split the profits 50-50. They earned enough money after a week to buy a SECOND pinball machine, and their business developed from there. FLIPPING ITEMS (FOURTH) The idea here is to turn your $100 into a larger sum, which will then begin to make a difference in where you invest it. For example, suppose you transform $100 into $2000, which you then invest in the stock market and see increase to $2500 over the next year....or suppose that $2000 is enough to start a new business or pay for a professional certification that earns you much more in the long run. Your decision is yours, but $100 should suffice to get you started. FINAL WORD: CRYPTOCURRENCY If you believe in a specific project or type of cryptocurrency and wish to put $100 towards it... It has a possibility to succeed if you're willing to risk losing everything. SIXTH: RECEIVE SPECIAL OFFERS Businesses will frequently give YOU FREE THINGS OR FREE MONEY simply for signing up and trying them out - it's their method of paying for marketing, however instead of paying an advertiser to put an ad on your screen, they simply give people that money, and it's a win-win situation for everyone. And, at the end of the day, those six $100 investment options should be used to either enhance your education, which will benefit you for the rest of your life... OR, it can be employed in such a way that it grows to a larger size, allowing it to have a greater impact. The idea here shouldn't always be to choose the riskiest option available and hope for the best... instead investing it in tactics that have a high potential of producing you more money in the future while also providing you with a fantastic experience. #wayneweathersby #productivenotbusy #money #makemoneyfast --- Support this podcast: https://podcasters.spotify.com/pod/show/wayne-weathersby/support Subscribe today and join a community that’s growing stronger every week. The Productive NOT Busy Podcast isn’t just a show—it’s your playbook for creating momentum, building confidence, and living life on purpose.

Just like everything else we discuss on this show is... Have a PLAN and Take ACTION!! The first thing I'd do is purchase Napoleon Hill's "Think and Grow Rich." The SECOND book I would acquire is Dale Carnegie's "How To Win Friends And Influence People." Timothy Ferris' "The 4 Hour Work Week" is the THIRD book i would buy. Fourth, purchase Vicki Robin's book "Your Money or Your Life." The total cost of all four books should be less than $50... I PROMISE YOU, if you truly go through and read what I just described, it'll be IMPOSSIBLE for these books to not pay for themselves 100 times over in the next five to ten years. THE SECOND OPTION IS TO INVEST IN THE STOCK MARKET. I'd treat $100 as a one-way ticket to real-world experiences that will teach you how to evaluate companies, research fundamentals on your own, understand swing trading, learn what all these terms mean, and experience the full range of investing emotions, and otherwise fund your education with $100 in the market. THIRD: START AN ENTREPRENEURSHIP Warren Buffet used this method as a youngster as well...believe it or not, his first business was a $25 pinball game that he put up in a barbershop when he was 17 years old in 1946. Warren Buffet acquired the machine and bargained with the barbershop, his friend fixed it, and they split the profits 50-50. They earned enough money after a week to buy a SECOND pinball machine, and their business developed from there. FLIPPING ITEMS (FOURTH) The idea here is to turn your $100 into a larger sum, which will then begin to make a difference in where you invest it. For example, suppose you transform $100 into $2000, which you then invest in the stock market and see increase to $2500 over the next year....or suppose that $2000 is enough to start a new business or pay for a professional certification that earns you much more in the long run. Your decision is yours, but $100 should suffice to get you started. FINAL WORD: CRYPTOCURRENCY If you believe in a specific project or type of cryptocurrency and wish to put $100 towards it... It has a possibility to succeed if you're willing to risk losing everything. SIXTH: RECEIVE SPECIAL OFFERS Businesses will frequently give YOU FREE THINGS OR FREE MONEY simply for signing up and trying them out - it's their method of paying for marketing, however instead of paying an advertiser to put an ad on your screen, they simply give people that money, and it's a win-win situation for everyone. And, at the end of the day, those six $100 investment options should be used to either enhance your education, which will benefit you for the rest of your life... OR, it can be employed in such a way that it grows to a larger size, allowing it to have a greater impact. The idea here shouldn't always be to choose the riskiest option available and hope for the best... instead investing it in tactics that have a high potential of producing you more money in the future while also providing you with a fantastic experience. #wayneweathersby #productivenotbusy #money #makemoneyfast --- Support this podcast: https://podcasters.spotify.com/pod/show/wayne-weathersby/support Subscribe today and join a community that’s growing stronger every week. The Productive NOT Busy Podcast isn’t just a show—it’s your playbook for creating momentum, building confidence, and living life on purpose.

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HOW TO TURN $100 INTO $1000 (6 BEST WAYS)

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This episode was published on June 16, 2022.

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Just like everything else we discuss on this show is... Have a PLAN and Take ACTION!! The first thing I'd do is purchase Napoleon Hill's "Think and Grow Rich." The SECOND book I would acquire is Dale Carnegie's "How To Win Friends And Influence...

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