Friday, December 26, 2008

ground rules-where it all started

Actually, i came across a thread by smurky at www.istorya.net initiating a game intitled "doubling your way to a million". I have to give credit to this guy coz i said to myself, why i didnt think of that. The game is challenging, tough, and very exciting since a lot have participated and are inticed to join.. I am adapting the same set of rules as smurky have posted except for rule # 2 below. If one is able to double or tripple your money in a single transaction then this game allows advancing to the next applicable level.

Here is smurky's thread: (THIS is a really CRAZY game!!! got this concept sa Entrepreneur magazine website. im putting it here sa istorya to stimulate our "business" side.

No, this is not a get-rich-quick scheme or a pyramid scam. And no, this is not a joke This is an exercise of the mind, and your ability to make a MILLION pesos from nothing. Sounds too good to be true? Then pay attention, mga higala. The GAME is simple, but fun and educational (and if you're good, then it's profitable). You start by finding a single peso from the street. (in this game, you're not allowed to use your own money). Use your wits to double that peso to two pesos. Try doubling that two pesos to four, then four to eight, and so on. If you still know your math, in just twenty steps you'll be doubling that booty to exactly P1,048,576 pesos.

1. You are NOT allowed to use any of your own money, not even a single centavo. You must only rely on your stake money in doubling the amount. No borrowing, no using your own money, nada.

2. If you are able to generate more than double the amount you should have at any one stage, you should spend the extra on yourself, and keep the exact double for the remainder of the game. (nice! if you have P50 extra, ipalit og Jollibee meal) If you make less, you can use the additional profit to reach the target amount ...but again, pls refer to Rule Number 1.

3. You can use multiple transactions to make your money double.

4. You must keep a diary or logbook of your progress. Record the date and time of when you are able to double the amount, and what actions you took to get there.

5. You will need several strategies to make that money double. Remember, the effort you put in doubling 5 pesos to ten is not the same as doubling 500 thousand to a million pesos. The higher your booty becomes, the smarter you should be.

6. You will definitely be tempted to break the chain and spend some of the money when it's big enough (to meet some of your needs). RESIST IT! You've already gone this far, why not go all the way to the top? Remember, there's a level of education that you acquire the bigger the amount, so don't lose that in favor of getting immediate gratification. (Get a job or a sideline business to support your needs, but keep that booty to stay in the game!)

7. You must TRADE, not work, to make the money double. Using it to gain work is not the objective. The objective is to make you use your entrepreneural neurons to TRADE that money and make it double. Employment is not an option!

8. Lastly, if you fail in any one step (like lose some money in the process), go back to the previous step where the money you have is right now. Example, if you are in Step 5 (P32) and in the process of the game, you lose P8, then the remaining P24 should make you start again at Step 4, P16. Spend the excess P8 and then start again. Of course, this is just a game, but if you can discipline yourself to do so, you'll be certified (and rich) Entrepreneur in no time!



There you go..the 8 golden rules...those interested to join are all welcomed to post their comments and share their experiences. Game na!!!!