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Andrew Newberry is a distant family friend that knew about my business acumen,
that is, make money with no investment. He knew how I had been in his position only 24
months previously and had heard about the new life I was leading with the wealth I had
generated.
I could hear the earnest desperation in his voice, when he asked me "how'd you
do it Jack"? His question was open and sincere. In my eye's he was at a point where there was
only one direction for his life to go...up.
Andrew needed to make money with no investment. His family were in danger of losing the roof
over their heads and although Andrew worked a fulltime job, there were difficulties that created
this current crisis.
He couldn't understand how I had done so much considering my humble beginings, while he had worked
at his current job for over 10 years and was saddled with the difficulties he was currently
experiencing. He told me he had no money to invest or anything like that, but could I advise him on
what if anything was possible.
This was my response to him.
You see, what he was asking me specifically was, "how do I make money with no
investment"? My mind ignored his emotional pain and focused on the reality. That is the reality of
what he needed answering.
Talking about Real Estate investment or anything that needed a capital injection was futile for
Andrew. He needed to hear something different. This is what I told him to do, step by step, to make
money with no investment. I told him that if he followed these two steps, he would have
$100,000 within 12 months. He did it in 6!
Step one to make money with no investment - get a little money. Not much needed, a few hundred
dollars would do, but he has to find something as a seed capital account. I gave him the URL of a
broker that does paid surveys online. These brokers represent companies that pay ordinary people
for their opinions. They typically pay between $50-$300 per hour. He got his wife busy doing these
through the day and evenings, they had $1000 within 2 weeks.
Step twomake money with no investment - Go Shopping! I explained to Andrew the mechanism
behind my success. Compounding, intrinsic value, leverage, rapid capital gains, pyramiding profits.
I then asked him to compound that thousand dollars by 30% 19 times. In other words, I told him to
find 19 investment-objects that were for sale that he could buy, that had at least 30% or more
spare intrinsic value.
Intrinsic value is everywhere. Whether you are buying New York sky scrapers of marble pool tables
or Bertram boats, every market has a percentage of sellers offering their goods at well below
market value.
Andrew started to make money with no investment with old cars because he was a mechanic and
now he had a game plan he was going to compound his money with his existing skill set. He traded up
and up until he had $12,000 in six weeks.
Get your calculator out and see how he did it, how he evolved his money without a hitch. Start with
1000 then multiply by "1.3" which is the same as 30% Don't press equals, just hit "1.3" and
multiply symbol again. Do that 19 times.
When Andrew sold his last auto deal, he was ready to get involved in Real Estate to make money
with no investment. With $12,000 it wasn't much but it was enough to start applying the same
principles with Real Estate. This is where his compounding really escalated.
It escalated, because now he was using leverage....borrowed money. He called me on the day he was
ready to start compounding with Real Estate with another problem. As I advised him "get into Real
Estate Andrew as quickly as you can, around the $10,000 mark its time to get into that game"
He had a problem. The houses in his area were dear, he couldn't see how having $12,000 was enough
to get involved to make money with no investment.
I advised him that he should forget about houses until he had at least $40,000 He should focus on
raw land. Raw blocks are cheap, and easily re-zoned into a higher
purpose.
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