The Friday Lunch Club… it started as “one of those ideas”. The original concept was conceived quite some time ago. It wasn’t until a recent discussion that the idea was not only revived but swung into action.
The idea is reasonably simple…
Starting at $100, do whatever it takes through any legal means to reach your financial goal over a period of time. My goal is ambitious! I have set the bar at $1m. Can I actually turn $100 into $1m? Time will tell, but the intention is to use the power of compounding profits. This is done within a small group, who will inspire and help each other to achieve their own goals. Information sharing is a big part of it.
Turning $100 into $120 should be easy. Turn $120 into $150… $150 into $200 and so forth. And by spreading the risk across multiple activities, I should hopefully be able to minimize the risk of getting wiped out on any one activity.
To start with, my activity will revolve around the purchase and sale of second-hand items, as well as print-on-demand to generate some recurring revenue.
