How much you would have made if you would have invested a hundred dollars in
Google back when it was just getting started. That’s exactly what David Cheriton did and
today his net worth is over 6 billion dollars. That’s probably one of the best investments
However, not everyone gets such a chance to become a billionaire, not everyone has an
extra hundred grand to throw it at another startup, nonetheless, there is an endless number
of opportunities all around. In fact, 1700 people just in the US are becoming millionaires
every single day. And if you want to be one of them, you gotta
start somewhere, but here is the problem. 40 percent of Americans can’t even cover
unexpected thousand dollar bill, because they are just living paycheck to paycheck, so most
people can’t even pull out a thousand dollars to invest.
But a hundred bucks! easy!
almost everyone can afford that. However, it seems like you can’t do much with it,
since even for example a single apple stock costs twice that amount, and I am not even
talking about amazon or google.
Even index funds are not an option, how much do you think a hundred bucks over 40 years
with 8 percent returns would amount? Just a little over $ 2100 ($2172).
But don’t worry, because there are actually legit great ways to invest even as little
as a hundred bucks That I have used and will share with you here in this video.
So let’s start with the first one.
Start a business. I know that it sounds cliché because to start
a business, it seems like you clearly need much more than a hundred bucks.
But believe or not, there are actually a handful number of businesses you can start with as
little as a hundred bucks. the problem is that, when we think of starting a business,
we imagine big businesses and ignore all the small ones that are much easier to start.
You can buy a Lawn Mowers for a hundred bucks for example, and start a side business cutting
your neighbor’s grass. In fact, I started this channel with just
a hundred bucks. I am not one of those guys who started watching youtube since its early
days but much much later. and I realized that most of these Youtubers just share their
ideas and experiences, even the most successful ones started with almost nothing.
So I said to my self, I have a lot of ideas too, how about I start sharing them with the
world. Let’s see how that goes. I ordered a blue yeti microphone for a little
over a hundred bucks and started making videos. I have to admit that, There were absolutely
horrible because I knew almost nothing about video editing or animations and I didn’t
really care much because it was more like a hobby than a real business.
But then I slowly started improving the quality and somehow it started picking up, so I had
to hire animators and now it’s like a little business.
You don’t necessarily have to start a youtube channel, there is an endless number of online
businesses that do not require a lot of capital. Let’s say you are good at playing a guitar
or violin, you can find someone who can help you with shooting and editing it for as little
as a hundred bucks. Turn it into an online course and sell it
online. And the great part about it is that you don’t even need a website because right
now there are multiple great platforms to sell courses for free!
And if it turns out to be successful, you can slowly turn it into a legitimate business.
You can easily earn back your money and make much more.
We are lucky to be live in this age, because no matter where you are in the world, pretty
much everyone has the internet. So this is probably a great option for most people.
2. Number 2, Trade some stocks
A lot of people keep watching videos or read about the stock market, hoping to start investing
one day. If you haven’t bought a single stock, the world of the stock market is probably
quite ambitious to you. When you actually get in and start, a lot
of things start getting clear.
Reading and watching videos about the stock market is one thing and investing or trading
is something else. What seems so obvious in theory isn’t that easy in practice.
When you buy a stock and it goes down right in front of your eyes, you get emotional,
your brain stops working and your emotions get in charge, all that will be in your mind
is to minimize losses. That’s when you really learn. The point isn’t
to turn that 100 bucks into a thousand, but to experience the market.
Because when you are trading with real money, you will be much more careful and cautious.
since your money is at stake. It’s actually fun to look for the right company
to throw your money in. You will read about many different companies, analyze their financial
statements, figure out if their price is undervalued or overvalued and then make up your mind if
this company worth your money or not. This experience totally worth it even if you
lose a hundred bucks. In fact, if you decide to invest a larger amount, you will at least
know how the market works.
3. Thirdly, Invest In books
I grew up watching my parents live paycheck to paycheck, and struggle financially. And
I promised my self that when I grow up, I am not gonna live like that.
But the problem was that I didn’t know how to do that. My parents told me that if
I keep getting good grades, I will find a good job when I grow up and I won’t have
to worry about money. But at some point, I started reading books
outside the school and accidentally came across rich dad poor dad and that’s where the magic
happened. I was introduced to the world of money and to be honest I was shocked about
how little I knew about money even though I use it every day.
You probably have heard this a million times, but the moment you make that shift in your
mentality, your perspective changes, and you will start making different decisions that
will slowly lead you to financial independence.
a lot of people watch a video or two here on youtube and then they think that they are
financial gurus. Let me ask you something, how many videos
you have watched for the past week, dozens if not hundreds, because youtube is entertainment,
you might learn a thing or two, but it’s not gonna stick like when you read a book, because
usually it takes you a couple of days if not weeks to finish a single book and by then
these ideas will be embodied in you. Some of my favorite books on this matter are – the
millionaire Fastlane, Secrets of the millionaire mind, rich dad poor dad, and few others. I
will just put them in the description.
4. Number 4, Buy and sell something
A lot of people don’t have even basic business experience. They are so drained into the system
where they haven’t made a single penny outside their job.
So, when you tell them to start a business, they keep postponing it because it’s a strange
the world for them.
But Business is all about selling and most businesses do not even build their products
but rather just buy low and sell high. The grocery store beside your house for example.
They do not produce what they sell. They have a supplier.
The process of business is simpler than you think but quite difficult to implement.
The good news is that you don’t have to spend big and open your store to learn that,
you can just go to eBay and find something that you can resell to your neighbors for
example for a slightly higher price. That experience will improve your social skills,
analytical skills, and negotiating skills. You might not make a lot of money out by buying
and selling with a hundred bucks. However, you will learn much more than you will do
with a 4-year degree in business. You will have to analyze the market, who would
be your potential consumers, what would be the appropriate price, how to deal with your
clients, and on and on. In fact, there are actually people who make
a living out of these. But if you think that’s not for you, here
is another idea.
5. Learn a valuable skill, what you can also do is to use that hundred
bucks to learn a skill that will earn much more later on. This is probably the best option
if you are struggling financially or looking for a side hustle. You can invest in a social
media course, every business is now looking for someone who actually understands how these
Or you can learn graphic designing, copywriting, web designing. There is an endless number of
online opportunities. Of course, you can find free materials, even here on youtube, so why
buy a course. Usually, the free stuff isn’t as good as
paid courses, they are better organized and after taking the entire course, you feel like
you actually learned the skill, compare to the free stuff where you have to keep searching
for everything separately.
And secondly, once you pay for something, you feel obligated to take that course, because
you just spend a hundred bucks.
in fact, it will probably motivate you to take action after taking the course to earn back
the money that you spent on the course.
How much you would have made if you would have invested a hundred dollars in