The idea of the One Penny Project is that you start with nothing. The first step is to find a penny, then through different strategies you progress through the steps of doubling your income until you achieve your goal.
A penny doesn't go a far today as it once did. But one cent is half way to two cents. And $10 is half way to $20.
The idea of the One Penny Project is that you start with nothing. The first step is to find a penny, then through different strategies you progress through the steps of doubling your income until you achieve your goal.
By breaking the process of building financial income into smaller steps there is less fear of failure. The task doesn't appear as daunting when you are trying to turn $10 into $20, then $20 into $40, then $40 into $80, continuing until you reach your goal.
Trying to think of ideas to turn $10 into $50,000 is mind numbing. The smaller money doubling steps in this project help to build confidence and knowledge for the higher steps.
Strategy is used to come up with ideas on how to get to the next level. Instead of using labor to produce income, unique ideas are leveraged to provide or add value.
Finding the initial penny that gets the project started takes a little time. Depending on how often you go out and where you go it could take up to 2 months. Most people find their first penny in 2 or 3 weeks. I found a nickel within 3 days of starting the project, but had to let it go since I didn't find my penny at that time. Since then I find change all the time.
Looking for change to get started is only one strategy. But finding money will only get you so far. Just think how long it would take to get from $10 to $20 by finding money.
The great thing about this project is that you start small and grow as big as you want. The smaller steps help you learn and test out ideas before moving up to bigger steps.
For all the details, rules and to find out what step I am on in the One Penny Project do a Google search for "One Penny Project" and join in the fun.
Achieve your goals together with friends. Tell your friends to join in and share strategy and ideas.
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