{"id":123,"date":"2005-11-11T04:58:00","date_gmt":"2005-11-11T04:58:00","guid":{"rendered":"http:\/\/10.168.29.5\/blog\/?p=3"},"modified":"2005-11-11T04:58:00","modified_gmt":"2005-11-11T04:58:00","slug":"a-million-dollar-dream","status":"publish","type":"post","link":"https:\/\/davidsterry.com\/blog\/2005\/11\/a-million-dollar-dream\/","title":{"rendered":"A Million Dollar Dream"},"content":{"rendered":"<p class=\"MsoNormal\"><o:p> <\/o:p><\/p>\n<p class=\"MsoNormal\">What can you buy for a million dollars these days? It used to be a fortune. It used to be pie in the sky for anyone. To be a millionaire was to be \u201crich\u201d \u2013 akin to being able to have anything and anyone you wanted. But it isn\u2019t now. A million dollars isn\u2019t all that much money and it never was. There was always a way to spend it and only so much it could buy. I\u2019d like to present a few ideas of how to spend a million dollars to make it clearer just what a million dollars is.<\/p>\n<p class=\"MsoNormal\"><o:p> <\/o:p><\/p>\n<p class=\"MsoNormal\">Starting at the cheapest end of the spectrum I\u2019ll try to put this million dollars into some everyday terms. The cheapest thing I can buy at the grocery store is a package of top ramen for $0.10. That means I could buy 10,000,000 packages of ramen. I could feed(not well) a 30<sup>th<\/sup> of the <st1:country-region><st1:place>US<\/st1:place><\/st1:country-region> for one meal. Conversely I could feed about 1000 people(again not well) for a year.<\/p>\n<p class=\"MsoNormal\"><o:p> <\/o:p><\/p>\n<p class=\"MsoNormal\">A more moderate way to spend it is to send out DVDs\u2026which can be mass produced for about $1 a piece to a million people. I can send them all about 2 hours of great quality video with whatever I want\u2026I\u2019d even bet that if I made it a good or mysterious title, a lot of people would watch it.<\/p>\n<p class=\"MsoNormal\"><o:p> <\/o:p><\/p>\n<p class=\"MsoNormal\">Putting a million dollars in labor terms, lets talk minimum wage. In <st1:state><st1:place>California<\/st1:place><\/st1:state>, the least you can pay someone is $6.75 per hour. With overhead per employee costing about 60% I could employ about 44 people for a year doing whatever it is that I want as long as it\u2019s not illegal or too silly. <\/p>\n<p class=\"MsoNormal\"><o:p> <\/o:p><\/p>\n<p class=\"MsoNormal\">If I talk about engineers that make an average of $60,000 per year and I include overhead I\u2019d be able to hold onto 10 of them for that year. I wonder what 10 engineers can do in a year. Quite a bit I\u2019d imagine\u2026if they\u2019re software engineers they could make an application that does some cool stuff as long as it\u2019s fairly focused. <\/p>\n<p class=\"MsoNormal\"><o:p> <\/o:p><\/p>\n<p class=\"MsoNormal\">So there\u2019s a few ways to spend a million dollars. But you\u2019ve got to have it before you spend it so some other time I\u2019ll have to write about how to make a million dollars. How many widgets, software packages or houses would you have to sell to make a million dollars? <\/p>\n","protected":false},"excerpt":{"rendered":"<p>What can you buy for a million dollars these days? It used to be a fortune. It used to be pie in the sky for anyone. To be a millionaire was to be \u201crich\u201d \u2013 akin to being able to have anything and anyone you wanted. But it isn\u2019t now. A million dollars isn\u2019t all [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-123","post","type-post","status-publish","format-standard","hentry","category-default"],"_links":{"self":[{"href":"https:\/\/davidsterry.com\/blog\/wp-json\/wp\/v2\/posts\/123","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/davidsterry.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/davidsterry.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/davidsterry.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/davidsterry.com\/blog\/wp-json\/wp\/v2\/comments?post=123"}],"version-history":[{"count":0,"href":"https:\/\/davidsterry.com\/blog\/wp-json\/wp\/v2\/posts\/123\/revisions"}],"wp:attachment":[{"href":"https:\/\/davidsterry.com\/blog\/wp-json\/wp\/v2\/media?parent=123"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/davidsterry.com\/blog\/wp-json\/wp\/v2\/categories?post=123"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/davidsterry.com\/blog\/wp-json\/wp\/v2\/tags?post=123"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}