Here’s a tip that I find useful: It often helps to approach a challenge from a different, less obvious, direction.
Many successful entrepreneurs have used similar methods as a way to ‘bluesky’ their way to a fortune. Do you remember Alex Tew, founder of the Milliondollarhomepage? Who would have though that the answer to making a million was staring out from the pixels on his PC screen?
When considering how to turn one’s last dollar into something more substantial, remember the telescope effect. What do I mean by that? Well, when we look through the small end of a telescope, we see an object in the distance, enlarged. However, when we turn the telescope round and look through the wide end, objects appear very small. Looking at our last dollar and trying to fathom how to turn it into, say, a million, the problem seems almost too big. So turn the problem around: Pretend you have already achieved your goal, in this case that you already have a million dollars. Don’t you feel a long way from that lonely dollar?
The next step, of course, is to look back on how you made that million from a dollar. An hour spent on the internet will show you that the rich made their first million in many different ways. How did you make yours? Coming up with the ‘big idea’ is the subject of another post.
For the time being, the message is that it can be more productive to imagine yourself at the destination, looking back, rather than at the start of the journey, looking forward.
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