Thursday, September 16, 2010

How did you make your first million?

Polishing Apples







A young man asked an old rich man how he made his money.



The old guy fingered his expensive wool vest and said, ';Well, son, it was 1932. The depth of the Great Depression. I was down to my last nickel.';



';I invested that nickel in an apple. I spent the entire day polishing the apple and, at the end of the day, I sold the apple for ten cents.';



';The next morning, I invested those ten cents in two apples. I spent the entire day polishing them and sold them at 5:00 pm for 20 cents. I continued this system for a month, by the end of which I'd accumulated a fortune of $9.80.';



';Then my wife's father died and left us two million dollars.';