When anyone sits down and starts to think about being wealthy, making a million Dollars, or even $10,000 they initially do not realise how daunting of task that can be just to come up with a mega $10,000 idea. So what do we usually do? we sit… meditate a little bit, tap our hands..some of us even do some yoga, 30 push ups and voila! nothing! no million dollar idea, no $100,000 no even $1000 idea! we then give up and go and sleep. this is not the right approach. maybe some people can do it this way, but i can get that not all of us can
“How then?” you will ask, can someone make enough money to have the freedom that wealth brings? its simple! Apply your God given gift!. the secret to your wealth and financial freedom largely depends on your ability to exercise this gift(s) that God gave to you! Your gift can make you enough money for you to live a good life. Your gift can and will bring you the wealth that in turn will provide you with the freedom you need to live the life you want to live. If you break it down and apply what Steve Harvey calls the 10 by 10 principle.
What is the 10 by 10 principle?, you might ask.
To understand the 10 x 10 principle you need to come to the realisation that you dont need a million dollar idea. you need a $10 idea! You simply need to find something to use your gift with that will earn you $10. I would even say it doesn’t really matter what that is, it could selling candy, cutting hair, shooting photos making videos (we have an episode on this by the way check it out here ) making websites etc! it doesn’t matter.. it could even be baby sitting or teaching English as a second language (we also have an episode on this right here). You have some this that you can do so well that someone will be able to comfortably pay you $10 for it!
Now, once you collect these $10, whatever you did to get that $10, do it 10 more times! Once you are done, you now my ninja have $100! You have $100 because you took a $10 idea and did it just 10 times. Now guess what, if you take what you did to get that $100 and do it just 10 more times, you now have $1000!! you are officially a “thousandaire”. But you can not stop here my friend. You now have to take that same effort and commitment it took to make that $1000 and multiply it just 10 more times! and OPA!! you now have $10,000!!!!!
Just for a second how different life would be for you if you had an extra $10,000 monthly income? how much more freedom would you have? how better would you be able to live? would be awesome right? I bet it would! well for that all you need is your gift, your will, some effort, mix it all up in some faith and you good to go! $10 a time. then multiply! We want to do our part and help you achieve your goals , that is why we share with you every week stories from students of entrepreneurship, just like you and I that are figuring it out and making it work and are having their lives change! If you get a chance check out our podcast at www.studententreprenuer.com or on apple podcasts, stitcher or spreaker!(Android) every week!
HEY! by the way you can share you ideas or experience on this topic in the comment section below! we would love to know what you think?