Friday, January 31, 2014

Double Your Money-From 100 shillings to 100 Million shillings


Introducing the Doubling System


The System


How to double my money is a unique system started as a bit of fun, but which rapidly became serious as many people begun to report to their success using this method. The exciting thing about it is that I start from nothing- zero, zilch, nada.

I am not to put one single shillings of my own money into this system.

It also teaches vital strategies for becoming wealthy- strategies which change me as I get richer. The techniques I use for making pocket change will not work when I come to make the big bucks.

Through using this system I receive a vital training in how to make a million, ten million or even a hundred million!

The really big temptation is to spend the loot as soon as I get a sizable chunk. I will need to resist this temptation!

What Is The ‘Doubling’ Method?


The human mind is a funny thing. It cannot cope with large projects. Instructions such as: make one million from nothing,” or “put a man on the moon” are likely to be met with inaction.

The project is too large – I cannot get my mind around it. But as every software writer, engineer or designer knows, the large projects can only be handled if they are broken down into a series of easy steps. In fact, “The longest journey starts with the first step” is a very true saying.

Anything is achievable if I break it down into small steps.

If my task were to turn a 100 shillings piece into a million dollars in a fixed period of time, most people (myself included) would find this somewhat daunting.

However, if I were given (say) 500,000 and asked to double it into 1,000,000 this would seem relatively easy. In fact, I could probably think of quite a few ways of doing it. The same applies to any single step above, e.g. 4,000,000 into 8,000,000, or even 8,000,000 into 16,000,000.

If someone asked me: “could you make one hundred million dollars in one year?”

I might reply: “No way!”

But if they say: “Look, how about if I start you off with half a million. Do you think you could turn it into a million?

My reply might be: “I’ll give it a shot! Give me the money and let’s get cracking!”

Certainly this task would not seem ‘ridiculous’, ’preposterous’ or ‘stupid’ suggestion, would it?

I would have to be a real spineless wimp to say:

“No thanks. Keep your 500,000; there’s no way of doing that.”


 

7 Advantages Of The Doubling Method


The advantages of the unique doubling method are as follows:-

1.  It teaches me to start from nothing. Any fool can make a million, given a’ Kick start “of (say) half a million from ‘Daddy’, or wherever. But it takes guts, determination and real spirit to do this for nothing –flat broke. This is what I will achieve.

 

2. It teaches me that making money is all about people and selling; about trading. Everyone is in sales. Even if I am employed, I am selling myself (and my skills) to my boss; day by day, hour by hour.

 

3.  It teaches me that different strategies are required for different levels of wealth. The strategy for doubling 100 into 200 is not the same strategy for doubling 100,000 into 200,000, but they both involve selling; they both involve trading.

 

4.  It teaches me to be fearless because I do not put one single shilling of my own money into the scheme. With most ideas I always worry about losing ‘stake money’. There is no stake money with this system! I really (for once) have nothing to lose by trying this method. When I say nothing, I mean nothing. I do not pay for this small book (I will download it for FREE online) and I will not have to part with one single shilling of my money.

 

5. It teaches me the limits of labour. I will rapidly realize that physically working has strict limits and will not get me past step 20 at best. After that (and preferably before) I have to ‘get smart’ and start trading without adding my labor as a significant factor.

 

6. It teaches the tremendous power of breaking large tasks into small, achievable, steps. All major life-goals are reached one step at a time. But perhaps best of all:

 

7.  It is FREE and it is FUN! The object is to start with nothing, get 1 shilling, 100 shillings, 1 shilling, or the lowest denomination in my country, and start to double my way to 100 million.

Surprisingly there are only 21 steps required to achieve this.


 

The 21 Steps


 

Step 1: I will find 100 shillings, lying on the ground, or ask for it without asking for it.

Step 2: 100-200

Step 3 200-400

Step 4: 400-800

Step 5: 800- 1,600

Step 6: 1,600- 3,200

Step 7: 3,200-6,400

Step 8: 6,400-12,800

Step 9: 12,800-25,600

Step 10: 25,600-51,200 (call it 50000 to make it easier.)

Step 11: 50,000-100,000

Step 12: 100,000-200,000

Step 13: 200,000-400,000

Step 14: 400,000-800,000

Step 15: 800,000-1,600,000

Step 16: 1,600,000-3,200,000

Step 17: 3,200,000-6,400,000

Step 18: 6,400,000-12,800,000

Step 19: 12,800,000-25,600,000

Step 20: 25,600,000-51,200,000

Step 21: 51,200,000-102,400,000

There! Even got some spare change - 2,400,000 shillings to be exact!


 

Rules for the Doubling Method


 

There are some important rules which must be followed. I will think of this as a game with a tasty prize at the end. If I do not want to abide by the rules, I should not play the game. And I should not ask questions about the rules. The referee’s decision (that’s ME) is final!

The actual rules are in bold type. Supplementary information is in lighter type.

Definition:

The amount of money I have at any one time (depending on which step I am on) is called ‘the stake”. Initially, my stake is nothing. Then it is 100 shillings, and then it is 200 shillings, etc. On starting (say) step 16, my stake would be 1,600,000 shillings.


 

Rule 1. I Must Find or Be Given the First 100 Shillings


Ideally I should find it in the street, etc. I will give myself at least one month to do so, although in reality I will find it in the first day or week at most.

 I must not use 100 shillings of my own money.

Any money I find after this 100 shilling (during any stage of using this system) cannot be added to my stake money. I will be past that step. I must now use what I have to grow.

There is magic in finding or being given money. It is quite important that I find this initial coin, and you almost certainly will if I look hard enough. This is step one- finding a 100 shillings piece. In the unlikely event that I do not find such a coin, I will try supermarket car parks!

To double 100 shillings-200 shillings and a few further steps, I will just ask a friend:

“I’m trying an experiment. If I give you this 100 shillings, will you give me 200 shillings?”

They will give it to me.

I will avoid getting involved in discussions. I will invent a reason why I need it. I will not talk about a doubling program, ever. This technique works for the first few steps! I will just go up to find a friend and say:

“look Brenda, I know this sounds crazy, but I am doing an experiment. Do not ask me any questions, I am not allowed to talk about it but if I give you 1,600 shillings, will you give me 3,200 shillings? I know you lose out to the tune of 1,600 shillings, but it is only small change and it will help me prove a point. I will tell you everything about it when I have finished the experiment in a few months”

Few people can resist this. As soon as I start this system, one thing I will immediately notice is that I start finding money all over the place! The Law of Attraction.

Rule 2. Think Positively


I must start thinking positively. I will buy motivational books; watch motivational videos; listen to inspirational audios; or be around big thinking people. I will get out of my previous negative habits. I will start reaching for the stars. I may not get there, but I am sure as hell will not come back with a handful of mud.

I will make this work for me. I will stop dreaming about becoming rich or winning the lottery. The world is there for the taking by doers, not dreamers. Dreamers remain broke.

Now, I will go out and find that first 100 shillings!

When I do, it will be an amazing experience. I will try shopping malls, store car parks, etc. I will find one.

Rule 3. Spend the Surplus on Myself


If my current step results in more than doubling, then I must spend the surplus on myself. I leave only the approved stake money. For example, if I am on step 17 and manage to change my stake of 320,000,000 into 7,000,000 then I must spend the extra 600,000 (leaving me with 6,400,000) and not carry this onto the next step to make it easier. Put simply- start each step with only the stake money allowed for that step.

For example, if I do better than expected at step 14 and instead of 800,000 I find myself with 900,000, the rule states that I must retain 800,000 and spend 100,000 on myself as a treat. I must not use the full 900,000 as stake money in step 15 to make this step easier.


 

Rule 4. Many Transactions, Different Strategies  


If my current action results in less than doubling, then I may use as much of the original stake and profit to complete this step. In short, on any one step I do not have to double the money in one transaction. I can carry out as many transactions as you like, until I have succeeded in doubling the stake money.

Example: I am on step 18 (6,400,000-12,800,000) and I manage to do a deal which increases the 6,400,000 stake to (say) 9,000,000 in another deal to try and reach 12,800,000

For example, I am on step 14. I invest 40 and only get back 60 instead of 80. That is okay; I can use all 60 (or less) in an attempt to make an extra 20. If I make more, then rule four applies. I do not have to complete each step in one transaction or ‘deal’, although the earlier steps will almost certainly be ‘one deal per step’. Later steps will almost certainly be several transactions per doubling.

Throughout my doubling, I will need several different strategies. It is obvious that the strategy for turning 1.28 into 2.56 will be different from the strategy for turning 160,000 into 320,000.

A book I can read to learn more about doubling is Ojijo’s 69 Ways to Make Money Without Leaving My Day Job. It lists various strategies of acquiring money which I can employ to work for me.


 

Rule 5. Keep A Diary Of Events.


I will use the template in this book, one page per step. On the page I will record the date and method of achieving the step. I will also use it for planning the next step- coming with ideas of how to achieve it.

This is most important for charting my progress and for planning new ideas. It will also be an amazing document to own once I have completed the system, and will help other people to follow me.


 

Rule 6. Concentrate on Current Doubling


The most important rule is:

I will not worry about how I am going to manage the future doublings. I will concentrate only on the current doubling.

Thinking too far ahead will discourage me. I will avoid deadly thoughts like:

“sure, I can double 5 into 10, but how am I going to double 40,000-80,000? It is impossible. I may as well give up now”.

More than anything, this is an exercise in mind power. I can ruin my chances of success if I fret about step twenty whilst on step three. It will stop me processing. I will be thinking:

“This is nonsense. How am I going to turn 80,000 into 160,000? I cannot do that!”

And this whilst I am step five- trying to turn 1,600 into 3,200!

As I progress, the next step will seem easy. For example, having successfully turned 6,400 into 12,800, I will have some good ideas about how to turn 10,000 into 20,000.

But I will not have these ideas whilst I am several steps before this- so:

I will concentrate on the step I am currently trying to achieve, and ONLY this step.


 

Rule 7. Resist Breaking The Chain


I will be tempted to break the chain when I get a reasonable amount of money (e.g.50,000). This temptation will be overwhelming the more money I make. So here is the most difficult rule of all:

I am not allowed to spend one shilling of the money until I have one hundred million shillings. Then it is all mine.

Most people remain poor for one reason- lack of discipline. This indiscipline permeates their life from top to bottom. Rule eight is the toughest of the lot. Do I have what it takes? Imagine I have 1,000,000 in the bank right now. I can think of a lot of ‘stuff’ I would want to run out and buy. But can I resist this temptation?

None of the rules can be ‘enforced’, particularly this one. It is up to me what I do with the money. But if I spend it at any point during the process, then that is the end of the system for me. I should not bother to pick it up again, because it will not work. The only thing I could do is to start from 100 shillings again at some future date.

This is the most diffi8cult rule.

People just cannot keep their hands off the money.

The second it builds up to more than a few hundred, they ‘dip’ into it for some ‘essential’ junk and ruin everything. This is about self will and determination.

If I do not think I have got the guts to see it through, then I should even start the system.


 

Rule 8. Trade, Do Not Work


I must always use the stake money to gain the next step. Essentially then, I must trade to achieve each step rather than work (in employment) to achieve it. I may take on extra work outside my field of occupation, but there are strict limits to how far I will get using this approach.

I am allowed to add labour, and hence, value. I can buy raw materials for 1,600 (stake money), and rework them into something which you sell for 3,200.

However, like extra work, I will quickly realise the limits of this approach:

I cannot get rich by working in a conventional manner.

I need to trade, not work. I have to work too long and too hard to make each successive step happen. I will have to trade- buy and sell products or start a profitable company with the stake money.

Rule 9. Use Only The Stake Money


I can use resources that I own and are fully paid for (e.g. a PC. Fax machine, car, etc.) but these should retain their value after I have finished the step (e.g. I cannot sell them to raise money!). I should also avoid using anything which is part of an existing business run by me because the hidden costs are being born by that business and not by the system. Ditto for using my car, if running costs are not being paid out of the stake money. Use common sense. The odd phone call ‘on the house’ or trip in the car is NOT okay. Running a taxi service using a car I already own, or making 10,000 copies of a manual on the office photocopier, free of charge amounts to stealing from outside the system.

The doubling system should ideally ‘stand alone’ well apart from my normal employment and method of making money.

The money gained must be NEW money. Money I would not normally have got unless I had started the doubling system.

For example, I am on step 10 and struggling for a way to get to step 11. It is not permissible to work a few extra hours down the pub (or wherever I normally work) to get the money. I could have done this anyway; it is not ‘new’ money.

Also, I am not employing the stake money to achieve this step supposing I am already running a small business.

I am not allowed to use the stake money to buy and sell with in my existing field of operation (using overheads paid for outside of the system). This is not new money and I am using all sorts of ‘hidden’ advantages (exiting products, customer loyalty, etc.) to help me achieve this step. I could have done this without the system. As a rule of thumb, I should trade in totally unrelated areas to my normal employment or business.

For example, it is not permissible to buy 40 worth of paper and then use the office color photocopier to run off fine arts  prints which I can sell for 80.

Why? Because I am inputting more than the stake money. I am not counting the cost of purchasing and servicing the copier, or creating the original artwork. In effect I would be stealing these values from someone else.

The correct way of doing this would be to create the artwork myself (or genuinely be given it, free) and then pay for the true price of color photocopying.

I cannot supplement it with my own money, borrowed money, etc. I do not have to use all the stake money but I cannot use more than the stake money.

Supposing I am on step 13 (200,000-400,000). I see an amazing bargain which costs 300,000 and could be sold for 800,000. Sorry, but I cannot add 100,000 of my money to the 200,000 stake.

I must either haggle them down to 200,000, or find another strategy. I will think of ‘outside’ money as contamination to the special magic of the ‘doubled’ money.

I will not let outside money taint my stake.

This rule says little more than:

“do not cheat”.


 

Rule 10. Snakes and Ladders Rule.


If I ‘fail’ on a step, I must drop down the ‘snake’ until I arrive at the step represented by my remaining money-and start again from that step. For example, if I am trying double 800-1,600. I buy something for 800, hoping to sell it. I fail and have loose 400, leaving me with 400, I am now back to step 3 (400-800)

Supposing I invest 800,000 and it goes horribly wrong. Instead of the expected 1,600,000, I end up with (say) 60,000. This can happen, do not worry about it. This means that I must consider myself now to be on step 11, trying to turn 50,000 into 100,000 (again).


 

Rule 11. Create Value


The ‘master strategy’ which works for every step is as follows:-

“Use the stake money to create a value which I can sell for more.”

I will ponder on this, mediate upon it. Herein lies the key to my success. Incidentally, this is the master strategy behind every single company, large or small, across the globe.

People will only part with money for something of value to them. Anything else is a ‘con’. My entire philosophy of life is creating values which fulfill needs resulting in honest trade. Anything else is highly likely to fail. I could gamble the stake money (e.g. place a bet on a horse), but because I am not creating value, I am most likely to fail and lose the lot.


 

Rule 12: Mastermind Principle


I will form a ‘mastermind ‘. A group of less than ten friends, all doing the system. Like ‘weight watchers’, we will meet at least once a week, or more regularly, and compare progress. All members help the slowest member.

We will discuss/share ways of doubling a particular step. We will telephone each other to keep the momentum going. The biggest enemy is losing steam. There are people who will do the first ten steps in ONE AFTERNOON and then run out of puff!

I will not discuss this system with people outside the system. Most people are negative, hopelessly entrenched skeptics. They will bring me down. They will laugh. They will scoff. They want to destroy my confidence. Why? Because if I succeed, then they have to do something- and they do not want that. It is easier to Knock ME down to size. 

Twenty One Steps To A Fortune


Step 1 0-100


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Step 2: 100-200


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Step 3 200-400


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Step4: 400-800


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Step 5: 800- 1,600


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Step 6: 1,600- 3,200


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Step 7: 3,200-6,400


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Step 8: 6,400-12,800


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Step 9: 12,800-25,600


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Step 10: 25,600-51,200


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Step 11: 50,000-100,000


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Step 12: 100,000-200,000


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Step 13: 200,000-400,000


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Step 14: 400,000-800,000


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Step 15: 800,000-1,600,000


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Step16: 1,600,000-3,200,000


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Step 17: 3,200,000-6,400,000


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Step 18: 6,400,000-12,800,000


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Step 19: 12,800,000-25,600,000


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Step 20: 25,600,000-51,200,000


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Step 21: 51,200,000-102,400,000


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