How to make $100 million?
- Thread starter Scorpion Ghost
- Start date
Pseudome4765
Registered Member
- Mar 4, 2024
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It’s more finding something that’s a necessity, or people believe is a necessity and selling itI somewhat disagree to this. Iphones did not invent anything. It is still not inventing anything. It is just creating a problem, and providing a solution for the problem. Moreover, google did not create the first search product. Still it has the highest market share.
My point is, competition isn’t a big deal if you have the best (perceived) product or service. I have encountered this personally as well.
The great French writer Balzac said "Behind every great fortune there is a crime."
- Mar 22, 2013
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Pseudome4765
Registered Member
- Mar 4, 2024
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How bad do you want it? Start a gay only fans account then tour every state gay bar for a more…. “Personal touch”. Go from one coast to the other then back for all the “acquaintances” you missed round 1 lol. When you get home chug a bottle of whatever to forget and throw it all on the latest meme stock. Rinse and repeat.
You want your 100mil that bad?
You want your 100mil that bad?
RogueDreamer
Regular Member
- Nov 29, 2023
- 367
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As you said without too illegal, within short span and without having lots of money, there is a way for this.
You can have $100 Million by following the " MONEY HEIST " method, which involves only lots of risk.
YSineHero
Junior Member
- Feb 20, 2023
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The poor mindsets will always stay poor and look poor. This quote is literally for poor people and poor mindsets.
- Nov 16, 2011
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If the problem was really so urgent, someone would have already invented the solution. Very hard to come across such a problem that can be scaled to that volume.
UnusualSubstance
Elite Member
- Feb 22, 2019
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Reading this got me amped up kinda like a battle cry or that random sudden feeling of motivation at 3am.
Glory to the Scorpion Ghost Army.
- Mar 22, 2013
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UnusualSubstance
Elite Member
- Feb 22, 2019
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Let's do it bro.
First things first, we need to pull our resources together. So please send me all your moneys now!
I will tell you step 2 after I receive this money.
Alutamedic
BANNED
- Mar 13, 2024
- 38
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I don't need $100M
I just need $100 to eat
I just need $100 to eat
- Mar 22, 2013
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Alutamedic
BANNED
- Mar 13, 2024
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I don't have any yetWell, um, get a job?
That's why I am here
YSineHero
Junior Member
- Feb 20, 2023
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Get a job or work a service, 100$ is nothing!
- Oct 9, 2013
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The most important question is :- Why do you want to make $100 million?
It wont bring you happiness. It will in fact bring you more stress unless you do it right and have the right reasons behind it. A LOT more stress.
Peak happiness is more like :-
Earn $20k per month working 20 hours a week. Keep your cost of living under $5k/mo. Save the rest.
After 3-4 years you'll have $900k in savings.
You'll be pretty solid at that point. Ultra low stress. Really happy. Really free. And you might find you want to create a great business by investing some money, or you might be happy just continuing doing what you're doing and saving until you have $3 mil in the bank after 15 years.
$100 million is pointless, generally.
If you want stuff..
What will you do?
Buy a big house? Buy a yacht? Fly private all the time? Stay in the best hotels?
Great.. It won't make you happy. It'll actually make you feel pretty empty because you'll realize that there's nothing left in life to strive for.
Big houses REALLY SUCK.
What can you do with them?
Have parties? Get drunk? Impress girls? That gets boring pretty damn fast and you just attract a load of freeloaders.
The only time a bigger house is nice is if you've got a big family and you fill it up with kids.
A yacht is fucking boring, really.
It's a thing. Made of metal. They have bars.. woohoo. I can drink a whisky on my yacht, while looking at the sea.
Or, I can just travel to a beach with my $3k/mo and have a whisky on the beach looking out at the sea. Or even better, I can focus on health and fitness, and do some yoga on the beach and feel even better.
The reason most people think they want millions is because they're seeking to fill a big giant hole inside themselves.
Money can't fill it. Trust me.
You only fill it by working on yourself. Get your diet right, get healthy, realize what matters in life. Realize that happiness for men comes from fulfillment and not from money.
But, if you've done all the internal work, and you reach that place inside where you're happy living for $3k/mo and you just feel so much energy/excitement inside that you want to BUILD STUFF. Then here's what you do :-
Assuming you can make $3k/mo..
If you can't, and you're super poor, then step 1 is to get a job. Cut your living expense to the bare bones and leave yourself $500/mo to grow your business.
Second, build up a small consulting type business where you offer some service to businesses. Learn something if you have no skills.
Once you hit about $10k-$15k/mo, quit your job. Don't take risks. Billionaires rarely take big risks.
Grow your business as much as you can, exchanging your time for money. You can get up to $50k-$100k/mo with your time.
Keep your living costs at $3k/mo. You need to bank your money. If you can't do this then you're STUCK.
Making $50k/mo and your living costs are $30k-$40k/mo? You are royally fucked.
$100k/mo for a year, you bank $97k/mo. You now have $1.2mil.
Wind down your consulting business so you are spending around 20 hours a week on it, and earning $10k-$30k/mo instead of 60 hours a week and earning $50k-$100k.
Keep banking that extra money.
Plan for a business you can grow and sell, like a SaaS company. Your 'big idea'. You don't need investors. You can fund it. You can fund a SaaS company for about $500k.
Build it, grow it, sell it.
Failed?
No problem.
Scale up your $10k-$20k/mo 20 hours a week to 60-70 hours and get back to $100k/mo. You've still got $500k-$700k in the bank.
Bank for another 6 months. You're back up to $1.3mil or so.
Take another punt. This time, you've learned a ton of stuff from your first SaaS. Put another $500k into it. You'll probably succeed.
Failed a second time? No problem. Rinse and repeat. Eventually you'll get it. Maybe you fail 5 times, but boy if you fail at 5 SaaS companies you're going to be a damned master in building them. You'll have the experience and failures from 5 companies and know exactly what you need to do the 6th time, but most people will nail it by the 2nd or 3rd attempt.
Might not be a $100 mil company. Maybe you only scale it up a bit then can't scale further. No problem. Sell it for $15mil and build another.
THAT is how you make $100 mil.
Oh, and with the "can't take a decade", "don't have money to invest". The answer is you can't.
The only way you do it fast is with money AND experience.
Fairly fast is a lot of money, but no experience.
Slow is no money, no experience.
Money and experience, 2-4 years.
Money and no experience, 4-8 years assuming you can fund through failures.
No money and no experience, 6 to 12 years.
There's no way around that. If there were, everyone would be building $100 mil companies.
Here's a reality check :- Ahrefs took 14 years to grow to $100 mil revenue per year. Their profit is much much lower. Maybe $20-$30 mil. That means their company is valued, or was a couple years ago at that point at around $100 mil.
Alex Becker did it, but it took him 10 years from scratch, and he is exceptional. He refined everything in his life. His diet, his health, his mindset and he is incredibly driven. Very few people are capable of that, and it still took him 10 years starting from nothing, so you're asking how to do it faster than Becker did it. That would take an individual with a combination of exceptionally high intelligence, exceptionally high self-beliefs, exceptionally high drive and exceptionally high self-tuning in terms of diet/sleep/fitness/focus.
P.S. I know this isn't YOU asking the question, but I'm answering it for the general person who IS asking this.
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UnusualSubstance
Elite Member
- Feb 22, 2019
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Best I can do is tree fiddy ser.
Edit: feel like a spanner now cause of Splishsplash's legendary post above
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