Monday, June 18, 2007

Step 16 - part 11

Objective: 1,600.00 - 3,200.00 HRK

Just got 3 copies of my book I ordered from Lulu.com. Everything is fine with the print and I will order additional copies. I'm pondering should I order 10 or 15 copies.

Now books are here I need to sell them and return my invested capital with profit. In this order my cost per book is 121.70 / 3 = 40.57 HRK. I will set the retail price at 75.00 HRK which will bring 34.43 HRK of profit per book, or almost 85% of ROI. But, it's still only a plan. I have to actually sell them.

My second currently running venture, roulette gambling venture, is also going pretty well. My current balance at the online casino is 238 USD (50 USD invested), and I still have to bet only about $200 before I reach wagering requirement. I hope nothing bad will happen in those last few bets I still have to play. If everything goes well this venture will also bring very, very nice ROI.

I didn't have any significant addition to my doubling capital. Currently, my Available Capital is 2,112.08 HRK, and Invested Capital is still the same, 399.20 HRK. That brings Total Capital at 2,511.28 HRK.

Available Capital: 2,112.08 HRK
Invested Capital: 399.20 HRK
Total Capital: 2,511.28 HRK


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