With minimal initial funding (ex: $10k)
How would you go about making 1 million dollars in a year ?
Ask HN: How to Make 1M $?
1–10 of 45 posts
Re: Ask HN: How to Make 1M $?
#2I’d probably try to copy what someone did in the show “Undercover Billionaire”. Though I’m not that talented so I’d fail.
Re: Ask HN: How to Make 1M $?
#3I belive that L Ron Hubbard said it best. "Start a religion".
Re: Ask HN: How to Make 1M $?
#4Find an exploit in some blockchain co, steal $10M+ and then negotiate with them for a 'consulting fee' of $1M and return the rest.
Re: Ask HN: How to Make 1M $?
#5"How to make a million dollars: First, get a million dollars.” – Steve Martin
Re: Ask HN: How to Make 1M $?
#6If there was a legal way to do this, wouldn't we all be doing it?
Re: Ask HN: How to Make 1M $?
#7If this question is serious, then it's a terrible way to think. What is "making" a million dollars? Revenue? Profit? Are you just leveraging $10k into loans? Is it investment money? Are you starting a company? Any of those things should lead to a long-term strategy of growth, not to a random, big-sounding target dollar-amount.
If this question is merely facetious, then the only appropriate answer is spend $10k on counterfeiting. The only sure-fire way to get 10,000% growth in a year is fraud.
Re: Ask HN: How to Make 1M $?
#8If there was a legal way to do this, wouldn't we all be doing it?
> If there was a legal way to do this, wouldn't we all be doing it?
Not necessarily. People are lazy / insecure / impatient / etc.
The OP stipulates minimal capital but nothing about level of effort.
There are near infinite paths to increase capital 100x, and many of those routes require extraordinary amounts of effort.
Re: Ask HN: How to Make 1M $?
#9Make a website with a 1000x1000 pixel grid and auction off each pixel in 24h time slots. Active owner of a pixel can set the color and link.
Re: Ask HN: How to Make 1M $?
#10This is exactly what these podcasters are doing: Taking $10k and using every trick in the hedge fund playbook to turn it into $1 million (or zero!). https://twitter.com/hardmoneypod?ref_src=twsrc%5Egoogle%7Ctw...