Creating Wealth from Nothing

Does it takes money to make money? Knowledge is the new money. What you need to learn may be is how to put deals together without money. Sometimes, bad news for most is good news for others.

Only lazy people say you can’t do a deal without money.

If you know that it is possible creating wealth from nothing, why not learn how to structure deals where EVERYONE WINS – without cash!

Do you have the ability to spot residual income opportunity? Ability to startup a business with little or no money is not something new and is not rocket science.

Creating Wealth from Nothing

Be it becoming a millionaire, or retire young retire rich is your goal, most of the self made millionaire almost start from 0 in the beginning. How did they make it creating wealth from nothing?

And the most common thinking for most people are “you need money to make money”, which, on the other side of the world, is nonsense.

If you know the term OPM (Other People’s Money), and have an in-depth in and out knowledge of it, then you shall aware that creating wealth from nothing is nothing new and nothing fancy.

Let’s look at a real life example below (an over-simplified creating wealth from nothing story).

Creating Wealth from Nothing, A Real World Story

A guy saw an ads, “For Sale: 2 acre commercial land in Gold Coast area, $1 mil”.

He went to the land owner, and negotiate with the owner:
“I want to buy your land, not for $1 mil but with $1.5 mil, under 2 conditions:
1. Paper wise, sold me with $1 (thus reducing your property sales tax)
2. I wont pay you cash now but you are going to get a $1.5 mil worth property once I done with the project on this piece of land”

Of course, there are more details to cover on above conversation that just a few lines of summary, but this should be enough to give you some ideas.

Then, with the consent of the land owner,a legal document and a project file, he went to the largest retailer in the country, telling them that he is the owner of the upcoming shopping mall in that 2 acre land.

“How much are you renting out there at the moment ? $2 per square feet, well, I offer you some retail space at $1 per square feet, under 1 condition, sign a 30 years committed rental with me.”

Done deal.

Then, he went to the banks.

“See, I got this piece of land, got this 30 years of cashflow from rental of the largest retailer in this country bla…. I am looking for some 10-20 mil of construction loans with great bargains… (if you are not interest I will have to go to other banks)….”

After the mall completed, he paid the owner with retail spaces that is worth $1.5 mil, and he became the owner of a shopping mall that sits in a 2 acre area wide land in Gold Coast.

Of course, above is an over-simplified version of the real world story of how a person can be creating wealth from nothing (well, he didn’t own the land, didn’t own the largest retail shops,didn’t have the bank’s money in the beginning).

In real world, there are a lot more to do than said. However, the basic concepts and ideas are almost the same.

In summary, money is an idea. Wealth is a habit.

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