How It All Started.
A year ago, a very successful lender borrowed 20K from me at the rate of 8% per month. I was so happy when I received interest earnings of 1.6K on top of my salary. My money worked for me and I was so grateful! I admired how Carmela (the successful lender) ran her home based business because she had time for her children and she made her money work for her. She never had to leave her home and her clients always lined up to get a loan or repay for their loan. She reaped the rewards by buying a car and a home for her family and interest earnings was enough to maintain her household expenses. I always wished that I too, could be like her and have the best of both worlds, be with my son and have money.
At that time, I was still with the BPO industry. My salary was very good, my employer was the best, and I worked diligently. Every pay day I would go to the bank and request for a bundle of 50’s and 20’s for my every day cash expenses. But I always visualized these 2 bundles I was holding were bundles of $1,000 bills.
Eventually, I became a lender for my colleagues and I found myself going from one lender to the next to keep up with the demand of borrowers.
Today, the equity I see on my balance sheet is practically a million and looking back almost a year ago I just started with 20K. It is incredible and truly amazing! These days, I don’t go to the bank anymore to request for 2 bundles for my 7K. Now, I have several checks printed out under my name. They are all hanging on my Christmas tree. I placed the value of 1M, 5M and 44M and I truly admire the six zeroes I see! Plus, I am now full time home based. All my wishes and dreams came true within the same year.
Many of my clients proposed that they too want to invest on my lending scheme and will wait for Christmas until they get their bonuses and have me earn interest for them. Since many offered, I suggested let’s do this together. We have the people to lend money to and borrow money from all in one place. We may as well pool our funds together and have equal profit sharing at a lower interest rate. The plus side is, I don’t need to look for other lenders anymore and I can focus lending to other clients with start-up businesses.
Some asked if I will lose out and my reply was no. I believe earnings will continue to grow and I can continue my lending to other clients. I have much to attribute to Rhonda Byrne’s books such as The Power and The Magic. These 2 books I am thankful for being behind the success that I am today.