🔥 Six-Week Profit Challenge 🔥
Turn $500 into $1,000 – and Keep the Profits!
How It Works
Each contestant will receive a $500 loan and has six weeks to turn it into $1,000 or more. If you succeed, you repay $550 and keep everything beyond that.
More Details
Starting March 19, each contestant will receive a $500 loan. Your mission: turn that into $1,000 (or more) within six weeks using legal, ethical, and creative business strategies. If you hit the goal, you pay back $550 (the loan plus a $50 premium), and keep everything beyond that. The contestant who generates the highest profit will receive a 10% bonus on their total earnings. This is a competition about entrepreneurship, strategy, and hustle. Who can make the most of this opportunity?
🏆 Bonus for the Top Earner 🏆
The contestant with the highest profit will receive a 10% bonus on their total earnings!
📜 Key Rules & Guidelines
- Starting Funds: Each contestant gets $500 on March 19.
- Repayment: At the end, repay $550 if you reach $1,000+. If not, return what you have.
- Profit Bonus: The top earner will receive a 10% bonus on their total earnings.
- Weekly Check-Ins: Report earnings & strategies every Thursday.
- Legitimate Transactions: No buying from yourself or family members.
- Ethical Business Only: No gambling, illegal activities, or financial loopholes.
- No Risk-Free Reselling Schemes: Transactions must involve real risk.
- No Borrowing More Money: You can reinvest profits, but no outside loans or funding.
💡 Winning Strategies
- Buy and resell trending items
- Offer services (car detailing, tutoring, flipping furniture)
- Start an online business (Etsy, eBay, or social media sales)
- Find unique arbitrage opportunities
📍 Kickoff Meeting - 3:30pm Wed, March 19 @ Asian Star
- Go over the rules and answer questions
- Hand out the $500 loan to each contestant
- Discuss initial strategies
- Enjoy some snacks