It all started with my mom talking about buying assets and wanting me to understand the secret to wealth.
She made me watch the video below. At first I was bored, but then I heard how a rich man named Warren Buffet started out with one pinball machine! Then from his profits, he bought another machine, then another machine, and on and on…
A few days later, I waited until my mom came home from work. I grabbed her, asked her if she wanted some iced tea, and asked her to sit down.
I then went into my business plan. She was amazed and asked if she could video tape it for keep sakes. I said yes and started drawing my plan.
Pretty simple – really!
- Sell some stuff at a yard sale.
- Take the money I make and buy a claw machine.
- Find a local business that wants to make some easy money (hoping a laundromat).
Here is my business plan video – enjoy!