Many of you know that the number one secret to earning wealth is learning how to compound capital fast. The quicker you can turn your capital into capital profit, the quicker you can reinvest your money and continue to see it grow.
So, what's the secret to compounding capital? The first thing you'll want to keep in mind is that you need to focus on short term investment opportunities. While building a business slowly and watching your wealth increase over time might be something you're interested in someday, you'll first need to make smart investments to get enough capital to get started. Focusing on time sensitive investments that will yield quick returns is your best bet.
One of the best ideas I've seen is a client of mine who sells from a cart at a local beach. He is able to buy cheap products in bulk that are great for tourists. He selects things like beach towels with our city name on them, umbrellas for when it rains and flip flops for those whose feet are filling with sand. He is able to make a profit every single day that he then takes home and re-invests in additional product. Over 3 months he was able to increase his worth from an initial $1000 investment to over $40,000 in merchandise.
The secret to his success was simply him learning how to compound capital fast. As he sold daily and reinvested daily, he was able to see his compounded capital work to his ever increasing value.
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