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"If You Won The Lottery" - With a Twist (alien.top)

submitted 1 year ago by CovertOps80@alien.top to c/entrepreneur@indiehackers.space

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Honest question for the entrepreneurial (merely for personal use!) What would you do if you won the lottery, but:

With $1 million
With $2 million
With $5 million
With $10 million
With $20 million

What would you purchase, invest in, create (eg. businesses, etc.) etc.?

What would be your financial goal, how much is "enough?"

Where would be your base, would you move; why?

What if you were a good person, ethical, not predatory or selfish, and wanted to do good?

What if you were religious, and wanted to give back, or start an initiative?

What if you were a woman, would it have any bearing on what you would/could do, or its ease?

How would you put this windfall to its best use, for both you and others, to maximize it, in perpetuity?

You don't have to answer all the questions, it's moreso testing business savvy, financial literacy, trends, and a balanced life; and generating interesting discussions.

Thank you for your contributions. 🙏🏻

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[–] Ben_Stark@alien.top 1 points 1 year ago

So 1-2 million I would invest to generate income. I would quit my job and focus full time on the invention I'm trying to get to market. Hopefully that invention will generate more income. Hopefully I could manage that business in 4-8 hours a week and it would generate enough income to hire real developers for one of a handful of app/business ideas.

Anything over 2-10 million probably gonna solo-dev or hire one dev to get started with one of my app/business ideas.

10+ million I'm going right to the dream app.

The real goal is to have an app/business generating enough income that I can use its marketing budget to fund my lmp3 race team. So I basically have to be able to burn $500k-750k a year.