Hi PG,
Give me a hints, Please………………………please [:X]

Regards

Julain []

THERE IS ALWAYS A BETTER WAY!

Manofaction you said : “I’d find somebody who needed $50-.

I’d lend the $50 to them on 2 conditions that must be rigidly enforced…..

1) They must never repay the money back to ME.
2) When they are in a position to be able to repay the $50- in full, they must find somebody else who needs $50 and lend it to them on these same 2 rigid conditions.””

Manofaction, what a wonderful idea.

However to make a much bigger impact what about the debt being repaid at a penalty i.e. $ 50 interest, both the debt and the interest being repayable next payday or even in one month time.

Exhorbitant rate of interest ? Perhaps so, but remember …………… we are on a mission to help others.

If someone really desperately needed $ 50 they, of all people, would have a real understanding about, as well as a lot of empathy for, many other people who are at some time or other in a similar desperate situation.

Now let us just see what will happen. You ‘lend’ to one person, he/she repays in the form of making two other people happy with a loan, these two in turn create four borrowers, the 4 borrowers turn into 8 happy people, 8 turns into 16, 16 into 32, 32 into 64, 64 into 128 and so on.

Any idea how many people are being helped ?

After a mere seventeen such groups of transactions your original good deed will have helped some 131,070 people.

Any budding mathematician cares to work out what happens after some 60 such group of transactions ?

The same method can be applied to many other areas.

Do gooders, eat your heart out. You, starting off as a single entity could change the world. [:o)]

You only need to convert one rip off real estate investor to your way of thinking. That person thence goes out and converts two others, these 2 convert 4 others and so on.

Every great enterprise starts off with a single simple step.

That is the power of this formula.

It is in a way applied by Jehova’s Witnesses who all are required to go out doorknocking. No wonder they are one of the fastest growing movements.

NOw let us take this a step further Manofaction.

What about if, instead of lending, we start off a chainletter where everyone pays a mere $ 10-00 to receive (buy) the chainletter ?

Each such person sends $ 5-00 to each of the six people on the chainletter list. Thence they copy the chainletter with the following adjustments : remove the person at the very top, and move everyone up one place AND make yourself number six on the list.

Each such buyer then sells a copy of the letter to four other people for $ 10-00. Thus they will have gotten back their original investment of $ 40-00 and only have to wait for the mailman to deliver sacks of cheques to them.

The chainletter should also have a suitable curse in it to intimidate anyone so as they don’t break the chain. []

Beats having to run around looking for suitable real estate to buy, anytime.

This business can be worked at from home, no need to go off traipsing into the country looking for cheap properties.

Pisces

Maybe its price and value for money. Its only my perception.

I would be prepared to pay the following –

$1,000 – A classroom with 10-15 people ok.
$350 – A seminar with 120 people.

Maybe 120 people in a room is your definition of value for money. I am a shy and retiring type. I have a passion for property investing.

There are many strategies for property investing. I dont need to spend $1000 on each.

Let me do some sums that you may learn at the conference or by reading the Book

Rent 120 people at $1000 = $120,000

Less Costs

Rates – room Rental for Day = $5,000 (probably not even that)
Handout Costs – stationery, photcopying $5,000
Staff on day – security $5,000
Other incidentals $5,000
Marketing Costs $5,000

Net Gain $95,000

Not bad for a days work. Why drive around rural and regional towns looking for a Ve+ cash flow property in this market.

Why not sell to the herd. The followers.

My hat off to you Steve. There are people obviously keen to pay to hear you. I look forward to meeting you one day but not at a cost of $1,000 to me.

chan – the bridge between where you are now and the answer to this riddle is knowledge…….

what was yr question again