Here are some ways to turn $100 into $1 million dollars, and how to invest your money to get the highest return possible to build your wealth. Enjoy! Add me on Instagram: GPStephan The YouTube Creator Academy:
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FIRST: According to Bethany Frankel - To Invest
“To find a group of solid people you trust and combine your $100 with theirs to make an educated and solid, yet aggressive, investment. Invest in what you know — and have a vision for it.”
SECOND: According to Gary Vee - Flip Items
Go on craigslist, find items in the free section, go to garage sales, get a good deal on something you can re-sell…then, sell it for a profit, and re-invest those earnings back into flipping something else.
THIRD: According to Grant Cardone - Improve and invest in yourself
His advice was to spend $100 re-investing back into yourself in the form of a book or a course…and ends it with “Whatever you invest in yourself, you can’t lose.”
FOURTH: According to Dan Lok - Learn a high-income skill
INVEST IN YOURSELF and learn a skill that will make you even MORE money, or his term is a “high income skill.” Then, with that EXTRA money - you can continue re-investing back into yourself, or in a business, to one day make a million dollars.
FIFTH: According to Bryce Welker - Write an E Book
He advocates writing an e-book, then marketing it online to produce sales. However, I believe the market is incredibly difficult to get into - and e-books are a little dated in this year, when video course are the current go-to.
SIXTH: According to Moran Pober: Buy a multimillion-dollar business with other peoples’ money
If that sounds too good to be true…let me read you this:
“You don’t even need $100 if you’re willing to buy an established business.” “You don’t even need relevant experience — you just need to find a business that has been around for five or 10 years. The owner will mentor you through the transition, and you can give an expert equity to manage the business for you.”
SEVENTH: According to Torben Platzer- Spend $100 building a personal brand.
His philosophy is that brands spend a lot of money on influencer marketing… because of that, if you become an influencer…you can get some of that sweet, sweet brand money. So you can film a video about your “mission”…spend $100 on ads….and start driving traffic to make MILLIONS.
EIGHTH: According to Matt Clark - Spend $100 on education to sell product on Amazon
Now, I’d argue that this method DOES work - although from a technical standpoint, it’s probably just way easier to dropship products than actually take hold of inventory and tie up capital. And, the level of work required to actually get good at this and make money is pretty intensive.
NINTH: According to Rudy Mawer - Launch a coaching business
I have to say it…the coaching businesses tends to be a very fly-by-night industry. While there are CERTAINLY some INSANELY good business coaches out there, and I don’t mean to discredit that…the vast majority of them are an utter waste of time. They have no business offering advice, let alone charging for it.
TENTH: According to myself, Graham Stephan (just put that there for YouTube SEO, fyi)
If you just want to make a one-time investment, and that’s it…your best chance is PROBABLY a lottery ticket, as horrible as that is to say. Otherwise, that leaves you with TWO other viable methods of becoming a millionaire from a $100 investment:
The first, is investing that money in yourself through education - and then using those skills to actually go and make a decent amount of money. $100, you can get yourself a LOT of good content. This includes the books: Think and grow rich - How to win friends and influence people - Awaken the giant within - The 4 hour work week - The 1% Rule - Secrets of the millionaire mind -The millionaire next door
Secondly, you can invest that $100 into SOMETHING that will make you money. Because at the end of the day - turning $100 into $1 million isn’t possible without either a LOT of luck, or an insane work ethic, expertise, and the ability to delay gratification and re-invest everything you make BACK into that business to make even more money…and only with that…and smashing the like button…can you turn $100 into a million.
For business or one-on-one real estate investing/real estate agent consulting inquiries, you can reach me at GrahamStephanBusiness@gmail.com
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