05/06: The rules of the game
The method I am using to turn a 1p I found into a fortune is based on the contents of a short ebook written in 205 by a man calling himself Stuart Goldsmith.
The rules I will be working to are based on those he suggested.
1. The system is discrete. I can not add to it from my own funds or resources. Only the fund and myself exist for the purpose of this exercise. Starting as if "flat broke" to get to the big numbers. I must find or be given the first This also means that doing an extra hour of work does not count. I must use only my skills and the money I have accumulated. This means not even using the photocopier. If I need copies the fund must pay for it at the copy shop. If I use the business systems beyond that which I would anyway then a hidden cost exists and it is not paid for by the fund - this would break rule 1.
2. Use the actual physical coins, there is no lending - this is the natural continuation of Rule Number One. There is a limit and as I approach £200 I will open a special current account to continue my activities from there.
3. The Scavenger Rule. Really this is part of rule number one. To start with you must find a coin (or be given it). Therefore when luck plays a part and I find a coin or other item (once I've tried to get it back to the owner) it is all added to the pot. This is the only rule that will skip me ahead multiple steps at a time.
4. The step limit rule. Aside from rule 3, if I make more than my target amount then the difference (extra) is to be spent on me and does not get added to the system. This ensures that I get to experience each stage and learn and grow with it.
5. No spending on self prior to the final target.
6. Keep a diary of events. In my case I will be using a blog on a domain that is doing nothing. As this would be adding from outside the system I will not be counting the earnings from the adverts on the site. I will be using that to offset my costs in the real world and so create a cut off between the site and the effort it describes. Later on I may purchase the site from myself in which case I will start earning from it.
7. Each step will require a different technique. The early steps are clearly hunter-gatherer style actions whereas after that might come labour after that comes... I refuse to worry about how I will
manage future stages. I will concentrate only on the current action.
8. The snakes and ladders rule. If I fail on a step, I drop down the 'snake' until I arrive at the step represented by your remaining money - and start again from that step. However much I loose or gain I had nothing to start with and so if I end up with nothing I have lost nothing.
9. In clarification of rule one I am allowing myself to add my own labour into the mix as this is within the spirit of the "game". However, in the same spirit of the game to avoid using my family to get around rule 1 I refuse to trade directly with members of my own household. The money gained must be NEW money.
10. The Golden Rule - No trickery, theft, or deception. What I do must add value or be a fair exchange. Purchasing goods for £1 each and selling them for £2 somewhere else is fair. Purchasing them all for £1 and then selling them to the people who want them for £5 is mean. Purchasing a fake Rolex for £5 and selling for £150 is outright wrong and counts as theft in my book.
It also teaches the vital strategies for becoming wealthy - strategies which change as you get richer. The techniques you use for making pocket change will not work when you come to make the big bucks. Through using this system you receive a vital training in how to make a million, ten million or even a hundred million!
The rules I will be working to are based on those he suggested.
1. The system is discrete. I can not add to it from my own funds or resources. Only the fund and myself exist for the purpose of this exercise. Starting as if "flat broke" to get to the big numbers. I must find or be given the first This also means that doing an extra hour of work does not count. I must use only my skills and the money I have accumulated. This means not even using the photocopier. If I need copies the fund must pay for it at the copy shop. If I use the business systems beyond that which I would anyway then a hidden cost exists and it is not paid for by the fund - this would break rule 1.
2. Use the actual physical coins, there is no lending - this is the natural continuation of Rule Number One. There is a limit and as I approach £200 I will open a special current account to continue my activities from there.
3. The Scavenger Rule. Really this is part of rule number one. To start with you must find a coin (or be given it). Therefore when luck plays a part and I find a coin or other item (once I've tried to get it back to the owner) it is all added to the pot. This is the only rule that will skip me ahead multiple steps at a time.
4. The step limit rule. Aside from rule 3, if I make more than my target amount then the difference (extra) is to be spent on me and does not get added to the system. This ensures that I get to experience each stage and learn and grow with it.
5. No spending on self prior to the final target.
6. Keep a diary of events. In my case I will be using a blog on a domain that is doing nothing. As this would be adding from outside the system I will not be counting the earnings from the adverts on the site. I will be using that to offset my costs in the real world and so create a cut off between the site and the effort it describes. Later on I may purchase the site from myself in which case I will start earning from it.
7. Each step will require a different technique. The early steps are clearly hunter-gatherer style actions whereas after that might come labour after that comes... I refuse to worry about how I will
manage future stages. I will concentrate only on the current action.
8. The snakes and ladders rule. If I fail on a step, I drop down the 'snake' until I arrive at the step represented by your remaining money - and start again from that step. However much I loose or gain I had nothing to start with and so if I end up with nothing I have lost nothing.
9. In clarification of rule one I am allowing myself to add my own labour into the mix as this is within the spirit of the "game". However, in the same spirit of the game to avoid using my family to get around rule 1 I refuse to trade directly with members of my own household. The money gained must be NEW money.
10. The Golden Rule - No trickery, theft, or deception. What I do must add value or be a fair exchange. Purchasing goods for £1 each and selling them for £2 somewhere else is fair. Purchasing them all for £1 and then selling them to the people who want them for £5 is mean. Purchasing a fake Rolex for £5 and selling for £150 is outright wrong and counts as theft in my book.
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