Divide and Conquer Your Way to $10,000

Posted on September 12, 2008
Filed Under Snowflakes | Leave a Comment

I’ve been reading about the importance of having a definite goal, so I decided that my goal this year is to earn $10,000 over and above my salary, by the end of this year. I don’t know about you, but to me that is a lot of money to come up with in a little less than 4 months. In fact, if I spent the next 4 months thinking about a way to make $10,000 I would probably fail. In fact, I would probably not be able to come up with a way to make $1,000.

Breaking it down, though, makes the task seem a lot easier. 10,000 is really just 100 times 100, and I can think of at least several ways to earn $100 – maybe not 100 ways right now, but at least enough to get me started. In fact, last week I sold 9 items on EBay and netted over $200. That isn’t sustainable forever, but I estimate that I have at least $800 worth of stuff left to sell.

Another book I’ve been reading, Making A Living Without A Job, talks about “The $100 Hour.” The idea is to set aside 1 hour each day to come up with an idea that will net you $100. EBay is one easy way to net $100, and the book gives 18 more ideas. I tried this today, and came up with at least 5 ideas – some of which will be sustainable over a long period of time.

Will I be successful in my quest for $10,000 in just 110 days? Time will tell, but I know for sure that earning $100 a hundred times will be a lot easier than earning $10,000 once.

Cheers,

Ken

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