How To Turn $10 Into $100

How To Turn $10 Into $100


Hey friends, Kris Krohn here and I’m
super excited to share with you today how you take $10 and turn it
into $100. I”m going to share with you 4 specific principles and
then how to actually do it. Okay. So, check it. I’m really excited
about this. I’m going to show you how to do a little magic trick. How do you turn $10 into $100? Now, first, It doesn’t look that powerful, right? It’s
like, “Dude, 100 bucks I could spin that really fast.” But just pause for a second.
If you can learn the principles behind turning $10 into a $100, that means you know how to get a 1000% on your money. That’s
freaking awesome. And if you can do it in small ways, you can learn how to what? You
can learn how to do it in massive way. So, you know at first when Nate’s like, “Dude, Kris this would be a great video topic.” I’m like, “Dude, that’s lame. No one’s going to want to… And then I’m like, “You know what? No, that’s actually brilliant if you can
double money on a lemonade stand.” Well, I’m going to show you a practical way of
actually how to do this in a very simple format. I don’t even hook it up for you,
right? But first I want to share with you the 4 principles of “how do you go
essentially from $10 to $100?” Wouldn’t you like to know that?
Okay, here’s principle number 1. I want you to write these down. These are
important. Principle number 1 is I want you to buy low sell high. Now, that’s
going to come across extremely basic. But I want you to understand that one of the
richest men in the world– Warren Buffett write a 900-page book called snowball
and it’s all about buy low sell high. And it sounds like it really makes good
basic sense but it doesn’t if you don’t understand principle number 2.
Principle number 2 is what’s called Max margin. Now, I want to slow this down
because I don’t want to lose any of you. But the margin is the difference between
what you bought something for and what you’re selling it for. For example, if I
buy something for 9$ and I sell it for ten dollars, how much I’m
going to make? 10 minus 9 is $1. Okay, if you buy something for a nine you sell it for
10 and you make a dollar, would you call that a big margin or a small margin? Well,
it’s relative. You don’t know. But what if you could buy something for $5
and turn it into $10. You double your money. Would you call that a
bigger margin than $1, on the previous example? It’s way bigger margin. But what
you understand that one of the number 1 reasons that people fail in business,
is they don’t have a business product that has an adequate margin. The bigger
the margin, in other words, when you buy low, sell high, the lower you can buy
something and the higher you can sell it, what you’re actually creating is reduced
risk. It’s actually what Warren Buffett calls a Margin of safety. You want to
maximize that margin of safety. So, that’s the second principle. Okay, here’s number
3. You need to minimize your costs. Now, what do I mean by this? I mean that
whatever you’re buying are you getting it at the best price? Are you selling it
the right way? Are you are you adding unnecessary costs
to your business? Because remember, at the end of this video I’m going to share
with you how do you take $10 and actually turn it into a $100. But you got to consider your cost. Because if your costs are out of
control, you could have an amazing margin. But if
your costs aren’t and check, guess what? It doesn’t matter, it’s too expensive. Now,
I personally know this from firsthand experience, having done a lot of business.
That sometimes I have a great margin, sometimes I’m making a lot of revenue
but then there’s no money at the end. And you know why? It’s because my costs are
too high. So, you got to keep your costs in check. The 4th principle I want to
share with you is understanding the difference between revenue versus profit.
Okay? Revenue is all the money that comes into the business. Profit is what you
keep. And here’s again one of the top mistakes that business people make, they
think that more revenue equals better. They think a bigger company is better.
I’m telling you that in business in many and most cases, bigger isn’t better. And
more revenue isn’t actually better. What’s better is more profit. It means
that your costs are on jet. Now, let me just give you an example so that you
understand. This let’s just say for a moment… And now, I want to give you this
very real example. Let’s say that you could purchase a book for $10.
It’s a ten-dollar book. And let’s say that it’s my real estate book. So, you
like me, you like my channel, you like my book, you’ve read it, I let you download
it for free on the e-book, you listen to the audio book. You actually get a
physical copy of the book for 10 bucks and you’re like, “Dude, I’m so passionate
about this whole real estate thing. I bet I could go to a buddy. Tell him about
this channel turn him on to it. And I bet I could sell the book for… Not 22
or $24 at a retails for. But I bet I can sell the book for 20
bucks. I just want to ask you right now, just check in. If you could buy my book
for $10 and you could sell it for $20 then you’re going to make how much of a
margin? Your margin is going to be $10. That’s a 50% margin. I’m going to
tell you right now, 50% margin is great. The
average businesses actually have a take-home keep of eight to %10.
So, if you’re 50%, that’s pretty awesome.
Now, I want to show you a little example here. Let’s say that all you did was
start with 10 bucks and we’re trying to get to $100, right? I buy a
$10 book. You like me, you like this channel, you read the book you like
the book. You go talk to your parents, you go talk to your brothers and sisters.
Your friends, your neighbors, your employees, your work people, your
grandchildren, your whatever’s. And you say, “Hey, that ten-dollar book, it’s really
awesome here are reasons, XYZ. Buy for 20 bucks. I’m positive you could do
it. Are you? You should be. Now, if you do that, how much money you’re
going to have? You have twenty bucks. What could you do with the $20? You could go buy two more books. So, now we’re buying two books for that
$20 and now you would be selling them for how much? Well, if it’s
you’re adding $10 on each book, selling each for twenty bucks, you’d sell
this ten-dollar book for 20. And this ten-dollar book for 20. Now, what do
you have? You have $40. Now, by the way, what could you do with that
$40 dollars? You could actually go and buy four books. And you could sell those
books for 80. And then from there, you could go buy 8 books. And then from
there, you would sell them for 160. Now, check it out. You’ve sold a
total of 8, 9, 10, 11, 12, 13, 14, 15. You sold
15 books. You start with 10 bucks, now you have 160. If you don’t buy any
more books, you just took $10. You didn’t turn into a $10, you
turn it into a $160. Now, that’s pretty simple right? Like
don’t you believe you could actually do that.
But now let’s apply these principles. Did we buy low and sell high? Yes.
Did we have a good margin? Let’s assume that this 50% is a fantastic margin. But
now I want to make this very real. Let’s say that you actually told your sister
to sell the books for you. And you were going to pay her $5 on every book.
And all of a sudden, you had to buy the book for 10. Now you’re adding five
dollars of cost. It wouldn’t be 15 books to get to 160. To get to the same 160, you might need to sell
a lot more books. So, the question is did you keep your costs
in check? And if you didn’t, then all the sudden, you don’t get to keep profit
versus revenue. You’ll still show great revenue but you
just kicked it all right back out the door. Does that make sense?
Friends, this stuff these basic principles, I’m telling you right now
that there’s a lot of big businesses out there. They do not adhere to these basic
principles. In my life, I have often not adhered to them. I’m sharing with you for
a reason. Because I’ve learned how to do this. Now by the way, if you want to know
how to not just take $10 and turn it into a $100. If you’d
like to know how to take like $1000 and turn it into $50,000. Check
this out. So, 2 things here that are resources I think will help you out. 1,
is if you actually want to get my physical book, you can actually just get
it for the cost of shipping it to you. You can get it for free.
Go sell for 20 bucks. You’ll make more than $10 on it. And that’s one thing I
can do to actually help you take that $10 and do that as many times as you
want. But if you also head over the website, you’re going to learn about how to
take $1000 and turn it into a solid $50,000 return on
a good stable real estate deal. You can learn how you can work with me and my
team and we can actually show up and make that happen for you.

65 thoughts on “How To Turn $10 Into $100

  1. 👌👏

  2. Do you think we should have multiple streams of income at the start? Let's say I am writting a book and I have a youtube channel and real estates and whatever you think you can do to have passive income. What's your opinion about that?

  3. I know how to turn 10 to 100, but where to find investor? I don't want to take a credit, because it's all eggs in one basket with a credit above strategy doesn't appeal to me at all.

  4. And you can do this in cryptocurrency markets even though right now its at a tight spot right now. But I see what you're doing in this video. Great Insight Kris!!!

    LoYoL

  5. Could u go more in depth with wholesale

  6. 500th😀

  7. Kris do you think it’s good to take real estate classes if I want to get into selling homes or flipping homes?

  8. What you're doing is awesome man. Keep up the good work!

  9. Nice video I am leaning so much from you!!

  10. Can you please do real estate in Pakistan video?

  11. Awesome tips Kris!

  12. In Australia, if you rent out a house to someone. You have to pay expenses like morgage, water, sewerage, council rates landlord insurance and possibly a whole bunch more of things. In your lease option pro strategy, you never addressed these things. Who pays for them in a lease option. Because these things eat through your cashflow greatly.

  13. What countries does your team work with, to educate new investors?

  14. Great Video, you give me inspiration

  15. u r providing real value for free kris….m a fan of urs…❤️❤️frm india

  16. So you're trying to con people into buying your books?

  17. As a homeless man living on the streets this is my favorite video so far thank you for starting so low. Even though it's basic I at least appreciate the fact you are thinking about the poorest as well as the middle class.

  18. $10 to $20 is not 50% but 100% margin right 😬

  19. 1. Track Record. Me and my team have documented over $750,000 in real estate transactions—yup, almost a billion! How is $750,000 almost a billion. U are off $999,250,000….

  20. Kris….do me a favor…if I write a book and sell u my book for $10.00…would u buy a million copies from me…then u can sell them for $20.00 a copy….n we will both be millionaires

  21. If you disliked this video you're blind

  22. Aka flip the bag 💰

  23. I just checked out your website. Curious as to why you don't simply do a real estate crowd funding thing, like FundRise or something. Honestly, I couldn't come CLOSE to what you're asking for with your program (I'm a dishwasher for Pete's sake… With kids, child support, and I invest in individual stocks fairly regularly), but I do have something of a $280/month+ side hustle that could be put into a Fundrise-type of situation.
    Curious to know your thoughts on this.

  24. Hey kris I’m just about to turn 17 and want to get started. Kind of young, yes but I’m going to talk to my dad who owns his own business and does well. He is pretty smart, and I have known for a long time that I want to be financially well off. I love these videos and they are giving me a great motivational standpoint. If there is anything you have for input I would greatly appreciate it. Thanks! Keep it up

  25. Honestly, I was expecting a lot more than hocking a book from this video.

  26. How do you get the book? Which book?

  27. I keep seeing in the videos or hearing I should say he has a book for free download and one for free with just shipping costs. Both the links I see don't have these. How do I access them?

  28. Dude can you drop your workout routine, also great vids by the way

  29. Haha – Hear this 6:01 (if he sold 15 books x $20 = it should be $300)

  30. start earning from cryptocurrency today, they still need more network,was browsing you tube till I found this man Dilliwala praveen,he helped me start up now i am on my own with a lot of profit weekly

  31. What countries does your team work with to educate new investors

  32. Where can I buy your $10 book?

  33. Silly video….

  34. The problem is nobody buys ANYTHING.. I got quality things on letgo just sitting there..

  35. Kris, This was a well practical oriented video. I liked it. This Anthony from Santacruz, Mumbai, India.

  36. Hey brother I am indian so speak in hindi bro you are famous now…

  37. So it’s like a pyramid scheme

  38. Wow nice book commercial

  39. Seriously!!??

    Buy cheap and sell high! does this really need a video I mean com'on an infant knows this

  40. Great videos Kris💪.
    Could you please consider making a video on whole life policies as I noticed you mentioning it's importance in one of your other videos

  41. he is just trying to sell his books lmao

  42. Woww… I learnt something today

  43. But… If I buy a book (for example on Amazon) for 10$ and try to sell it for 20$, what is stopping the others from buying that one book on amazon for 10$?

  44. "Do you think you can do that?" Nope. Sales, especially book sales are actually really hard to do. I've tried.

  45. I’m so pumped to team up with you 2k19!!

  46. Taught me how to drug deal 😂

  47. Envato for the intro. I had that same one on my list.

  48. I bought something for a $1 and sold it for $10or$20

  49. This dude.. is trash … He just trying to sell his dam book 🤦🏻‍♂️

  50. hello I already sign up for youd book why it always declain my card?

  51. This is why people buy candy cheap and in bulk then sell them on the subway. Also, I have a friend that does this with funnel cakes at the flea market.

  52. He just told us something elementary schools do with chocolate bars and at the end of the video he just said go buy my book and go to my website

  53. 100% margin……….. not 50%

  54. Am Godfrey from Tanzania I need more help in this education coz as u know these African contries

  55. You look like the dude from the after prison show on YT.

  56. Interesting one there. But how do you get to convince people to buy your product

  57. I want to get the book but it's said its only for us im from phil how now

  58. I really love this guy called James he as help me so many times … I highly recommend James +14234516435 for any off your hacks work 💼💼

  59. the math is flawed

  60. All drug dealers are watching

  61. stuff in the video is great but what you really need to do is make ur own book and then convince people to buy it and resell it so you have no risk

  62. In the stock market it's called speads …..

  63. now everybodys gonna buy youre book and sell it and become milionares xD

  64. lmao

  65. Fail

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