Back in 1996, on what I can only hope was a cold night; Larry Page woke up with a brilliant idea in his mind. That idea was to download the entire web onto a single PC or a server. He spent the rest of the night scribbling out the details, running calculations and convincing himself that this crazy idea just might work. A few years later this idea morphed into Google and the rest, as they say, is history. Today, just 18 short years later, Larry Page’s net worth is over $30 Billion.
The story above clearly demonstrates the power of great business ideas. And while the chances of you replicating Larry’s success are slim to none, understand something very important. Getting an idea that is 1/1000th as good as Google’s would make you rich beyond your wildest dreams. The best part about the story above is that very few business ideas are born out of dreams. Luckily for us, most great business ideas are developed through practice, experience, effort and hard work. That is what this book is all about.
However, before we go any further, allow me to ask you something very important. What would you do if you won a lottery today? Let’s say you hit one of those Mega Jackpots worth $500 Million. Only one winning ticket was sold and it is all yours. After all the taxes you end up netting about $250 Million. You are beyond excited and with that kind of money only one thing is clear, you don’t have to work another day in your life. The life of your dreams is finally at hand.
The question is, what does the life of your dreams entail? Certainly you would want to spend some of that money on toys and excess. You would probably buy a few mansions, a few sports cars, give some money away, buy a business, invest in the stock market, buy art and go on an expensive trip around the world.
Let’s say that even with this initial spending spree you were only able to spend about $50 Million. Quite an accomplishment, but with over $200 Million still sitting in your bank account and earning interest, the question remains. What else would you do?
Stop, put this book down for two minutes and really think about it. This is incredibly important. The true answer to this question is where your next million or a billion dollar idea will come from. Remember, you are already rich beyond your wildest dreams. Would you use the rest of that money to….
- Completely free up your time to do whatever it is that you want to do?
- Travel around the world in style?
- Improve the way you look, your health and/or your lifestyle?
- Spend more time with your friends and family?
- Disappear into a quiet corner to enjoy the life of comfort, happiness and joy?
- Give and to help others who are less fortunate?
- Grow as a human being and use it to become more educated?
What would you do?
To be continued tomorrow…..(Why Are You Seeing This On A Financial Website?)
