£20000 to £100000

Idiophreak

TamiBolton wrote: »

Seems most people just seem to limit their own thinking and find ways to explain why it can't be done.

The only problem is risk free, no such thing

...which is pretty much what everyone else said. I don't think anyone was suggesting that investing 20k and winding up with 100k was impossible - just that if there was an easy, risk-free way of doing it, most people would be much richer than they are...

YoungBusinessman

I could do £100k with £40k. Not risk free though. I'm saving up to do it so il let you know how it goes in 2 years.

StormyWeather_2

I think it's possible, but you need a bright idea, a good business head, hard work, ability or some luck. Not all of these but some combination. It can depend where you start from.

This lad had nowhere near £20k and made millions.

http://yourhiddenpotential.co.uk/2010/12/03/teenage-millionaire-dominic-mcvey-15million-by-age-15/

A computer programmer could put themselves on a training course for the most recent/fashionable programming language. That wouldn't cost £20k, but contracting would pay upwards of £40 an hour. You'd need to do 2000 hours to earn £80k.

mrsyardbroom

I think you have to have a certain mentality and real will to succeed. Some people seem to have a knack for spotting openings and they'll have all sorts of ventures going before they've even left school.
It isn't so much the business idea or a particular product that will make you money but the determination to start and to carry it through.

Llama_Lad

skylight wrote: »

REPORTED user TamiBolton.

User joined in May 2013 and is ONLY posting on old threads (like this one). Probably to bump up posting count in order to post links.

Wow thats a bit harsh, the post wasnt exactly spam, in fact it was probably the most thought out and reasoned post in the thread!