Friday, October 4, 2013

How Would You Spend $1 Billion

A few years ago, some business friends and I half-bemoaned, half-laughed at the realization that $1 million isn't what it used to be:  You just can't buy as much with it.

So now we might say, $1 billion is the new $1 million.  Not only have the costs of things gone up, but also the range of things to buy has widened.

Whether it's a cup of Starbucks iced coffee or a Chick-fil-A sandwich for every single American, we can definitely be entertained by this video and get an everyday perspective on what $1 billion can buy.


I'd spend that money getting whatever I needed to earn money from that money:
  • Acquire the information, resources and talent needed to run and sustain successful (i.e., profitable) businesses
  • Engage the right advisers, experts and managers to invest in the right funds or vehicles (i.e., with healthy returns)
  • Implement my concepts and strategies for philanthropy, which is driven by a want to do good and by a need to under gird it with a business model 
How would you spend $1 billion?

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