How To Be Crorepati In 6 Months?

Nothing is impossible but can
this be done, lets see.
Goal: 1 crore in 6 months
~Rs 16 Lakh in a month (~
means approximately)
~Rs 53 Thousand in a day
~Rs 2220 in an hour
You cannot make that much
money selling your time, that is
working for someone. You will
have to be selling something
great to thousands of people.
Lets say you make a product
named X priced at Rs 200.
(Decent enough I believe).
To make Rs 2220 in an hour
you need to sell X to around 23
people every hour which is
equal to selling to around 552
people in a day to make 53
thousand. If you are selling it
yourself you can only sell for 8
hours (you will be exhausted),
you need to keep selling 24/7.
So you need someone else too
selling it for you (Probably
multiple sellers).
If the market for your product
is just India, you cannot sell it
for 24 hours. When you go to
sleep most of India will already
be asleep. You need to sell X
globally so that your product
can be bought for 24 hours all
around the world.
At the price of Rs 200 you need
to sell around 50,000 units of X
to make 1 Crore. You cannot
make it yourself. You need
someone else to make it for
you. Making a tangible good
priced at 200 and 50,000 units
is a difficult task to achieve and
the production cost will be out
of your budget. You need to
build something intangible
something electronic like a
software or something that can
be sold in electronic form.
Now the question is what will
the product X be? Here are my
2 ideas.
1. Self publish a book. It
should be worth reading
otherwise it wont sell.
2. Write a software that 50,000
people need.
What can you do with the
25000 you have?
Use it for advertising and
marketing. You will need a lot
of it to sell to so many people
globally.
The price you put on your
product determines how many
units you need to sell and for
how many hours.
So your only goal should be to
make a product that
thousands of people need.
Money will follow.
EDIT: Please don't take the
numbers at its face value.
Making that much is not as
easy as it looks like. The
answer is only a plan of what is
possible and not a real
business plan. You need to
consider taxes, commissions,
salaries and so many more
other expenses that come in
between.
The above is not an
exaggeration either. A close
friend of mine has a small
team which builds software
products for Big Companies.
Their pricing is based on per
employee usage. It took them 2
years to build the software and
its been 6 months since they
first started acquiring
customers. They have 3 paid
customers and each customer
has about 200-700 employees.
Their monthly income as of now
is close to 1.5 Lakhs (Before
taxes and salaries). If they get
10 more customers with
200-1000 employees each they
will cross the revenue of 1
crore.

(Source: Quora)