How to Double Your Way to a Million - Day 1
Stuart Goldsmith had an interesting idea: He broke down the 28 steps from one cent to one Million dollars.
The idea is to use your creativity starting with nothing and build up to one million dollar net worth. First step could be found a penny on the ground. Then you can bet that penny with a friend and if you win you will have doubled the cent to two cents. Repeat the doubling process until you win. The first stages will be the easiest and then you will have to find a way to add value in one step or break the step into multiple parts to achieve a doubling of the larger dollar amounts.
Here are the 28 Steps
Step 1: Find a cent lying on the ground
Step 2: 1 cent-2 cents
Step 3: 2 cents-4 cents
Step 4: 4 cents-8 cents
Step 5: 8 cents-16 cents
Step 6: 16 cents-32 cents
Step 7: 32 cents-64 cents
Step 8: 64 cents-$1.28
Step 9: $1.28-$2.56
Step 10: $2.56-$5.12 (Call it $5 to make it easier)
Step 11: $5-$10
Step 12: $10-$20
Step 13: $20-$40
Step 14: $40-$80
Step 15: $80-$160
Step 16: $160-$320
Step 17: $320-$640
Step 18: $640-$1,280
Step 19: $1280-$2560
Step 20: $2560-$5120 (Call it $5000 to make it easier)
Step 21: $5000-$10,000
Step 22: $10,000-$20,000
Step 23: $20,000-$40,000
Step 24: $40,000-$80,000
Step 25: $80,000-$160,000
Step 26: $160,000-$320,000
Step 27: $320,000-$640,000
Step 28: $640,000-$1280,000
I accept this challenge. My first goal is to earn 1 cent from this post.
Follow along and start your own journey to 1 million dollars.
Looks like you have a good start. Already passed step 2. Let's see how far you go.