Thursday, September 2, 2010

Day 72 The Millionaire Idea

It starts as a hunch and becomes a possible economic engine to make you a million dollars. EAch mllion starts as an idea in someone's head. But then you have to act on it.

Mine is to buy a gold mine, with someone else's money and take a 5% sweat equity stake, and 5% of $70m is $3.5m. Simple right, well I have the mine I really believe in it, but now I need the money. Day 72 baby, lets go.

It's impotant to have some other ideas to go with the mine one:

1. Company buyout. Pharma  - Eurodrug in Holland. Do a South African Deal and be ready to do the deal with Mr Gulik in 1.5 years time.

2. Do a JV with Reggie in Brazil. I'm sure I could raise capital for a business in Brazil. Will need to set up an offshore subsidiary for this. Action Bryn.

3. Start a business with Glen in SA -  Security.

4. Car dealership in Zambia

Started my bank account today as Director of Addvest BV. Felt great.

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