Toot toot! All aboard the terrible business cliche train toot toot!
I love all the high level thinking around a companies’ Why, How and What as much as anyone, and I’ll get to that in due time. It’s a work in progress in the background. If I’m honest I know most of it because of the hours of thought and procrastination I’ve already put in before I decided to get rolling with this project.
But it’s not 100% finished yet until I’ve spent a little more time with the post it notes, Sharpies and A1 sheets spread across the dining table, making sure it’s bullet proof. Plus there’s the values part that I find a bit difficult, and which I’m going to need to ask a friend for help with I think because she pretty much lives and breathes that stuff.
Also, realistically, not having that stuff isn’t holding me back at this point from getting started in buying and selling. I have my own general morals, I don’t want to be a dick to anyone and I don’t want to rip anyone off. I will, however, need to have all those ducks in a row later on down the track when (slash if) I get to a level at which I’m able to invest in companies and startups I like. If I’ve said it before forgive me, but I want to make old fashioned buy/sell money, grow it and then turn it into money I can invest in good things like awesome social enterprises, which will ideally give me an emotional AND financial return on my investment.
Can you see already how complex that might become?! Isn’t what I just said about “an emotional AND financial return on my investment” a contradiction? An oxymoron? It makes me feel a bit queasy to be honest.
However, what I CAN do at this point is the bit I love best; tinkering around with some numbers and deciding what my targets are going to be, and by that I mean when do I get to dance around feeling like I’ve achieved something! As an introvert (Side note, currently reading The Introvert Entrepreneur by Beth Buelow) it’s important to remember to celebrate success at as many points as possible, not just at the end! Otherwise the road can feel long, and I’m already pretty sure this will be a long one!
So with that in mind, I decided to plan out my targets on the way to $1,000,000. (I still chuckle whenever I type that number because it’s ridiculous)
So here they are, my targets/celebration stations for the Hundred Dollar Project:
- Make the original $100 back. At this point, I’m not exactly sure if or how I’m going to do that, so that seems like an obvious thing to celebrate! Hooray for me!
- Double it. Double my money? Is that really a thing?! Could I do that?! If I can, it’s definitely worth a beer. Slàinte!
- Every $100 on the way to $1000. Every extra version of the original $100 is worth a hi 5 at least I reckon. (Look at the elbow, re-do if you don’t like the contact, you’ve got this)
- $2000. I doubled a grand! Holy hell, I might even get domestic non vintage champagne substitute for that. Maybe even the nice $13 one.
- Every $1000 on the way to $10,000. At this point I’ll have 100x the original $100! I can’t even…
OK and if I’m honest, this is as far as I can go with this at the moment! $10,000 is already way beyond sums of money I can actually imagine having in my bank account. If I make it that far in the next 10 years I’ll be genuinely shocked, but I’m going to give it a red hot crack.
The first few moves have been made now, and I’ll be posting updates with all the individual stories on here soon – there’s a lot to tell already! Weekly seems like a good frequency for me to post updates, so that’s what I’ll aim for. WordPress Wednesdays seems like it has a nice ring to it, why not.
Thanks for reading this! I really appreciate it. Hit me up in the comments if you have questions or just something nice to say 🙂