Time of sale of one product is t. Then t of nth iteration is tA(1+p)^n/c. Thus total time of n iterations is sum of above but total profit is just A(1+p)^n. Thus we can calc interest per year. Hurrah.
In bootstrap The rise of capital is A(1+p)^n where n is the no of iterations of sale. The sale time also goes up exponentially and we can get a certain rate of interest per annum. I am sure entrepreneurship pays very good returns with right choices as compared to and sust others.
The main attraction is you can get 50 % profit at time of sale and thus you can make enormous rates per year. The paper is not great without the time aspects.
Let's work on the bootstrapping problem together. Can we become a millionaire from selling chocolates and other products and what's the strategy. We have confidence in a lost simulation. Ofcourse we can do better.
The profit is simply p/t with account of all geometric series. See the paper someday. WIth 50% profit per week we can make 2500% profit per anum. Whats the limitation I don't know.
Let's break it down suppose you sell n1 products per day. And daily wage is s. Then with A @ c per product with p profit, you sell A/c products in A/c/n1 days. Thus you have A(1+p)-s(A/c/n1) after first pass. This is wrong as the amount reduce daily. Also we can reinvest daily.
You have to sell n1> s/cp where s is daily wage and c is costprice p if fraction of profits. Then your money would linearly increase. I have to sell 500₹ product 50 % profits. 1000₹ wage means atleast > 4 products a day. Yearly Rate of interest = 365(cn1p-s)/cn1. n1= 5, 146% .
Thus if you are a hard worker, with just 2500₹ to start you can lead a good life. If you follow.
Oh you have to sell daily consumable products. Such an exciting paper. To sell electronics you have to spend some time marketing it daily and you need 365×n1×30/b where b is fraction of followers who buy if 5% then I need 10 lakh followers.
The questions are how do you make money selling fruits, etc. The shop rent infra etc comes into account. But with a few calculations you can wing it? Apple = 1 $. for 40 $ a day salary at 10 % profit you need to sell 400 apples a day min in us. There are several questions. But they buy everyday. So you need about 400/b or just 4000 follows.
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