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Ways to Make a Million Dollars

Whenever I'm trying to make a certain amount of money, I draw a variation of this table -

1 x 1,000,000 10 x 100,000 100 x 10,000 1,000 x 1,000 10,000 x 100 100,000 x 10 1,000,000 x 1

Where's the easiest place to hit on the chart? Depends on your skills, your industry, lots of things. But you start noticing interesting trends.

I reckon the $10,000 and $100,000 part of the spectrum is the one most overlooked today... five $100,000 contracts is $500,000.

But again, depends on your skills. A million sales of $1 apps isn't so crazy either.

Socially Conscious Investing

On Flourish

Around New Year's, my thoughts often turn to investing.

There is value in exchanges. If a person can specialize, and trade with their neighbor, everyone is generally better off than if there are no exchanges. There are limits to this, and self-sufficiency in some areas can be a useful goal and/or hobby. But more exchanges of goods and services provide more opportunity for people to contribute creativity, talent, and work to better society.

There is a significant caveat: exchanges of unsustainable goods and services must be considered against the resources they are consuming. Two entities might have a nice thing going, maybe mining ore and trading it in exchange for an improved finished product. But, if the ore is going to run out, they had better be looking for alternative technologies. In the case where exchanges are unsustainable, the resource being consumed may be considered as being "borrowed" from the future. We have the ore now, if we take it and use it it had better be in a way that a person in 2100 or 2200 will find worthwhile.

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