If someone gave you 1million dollars and said you had to ..

United States
June 22, 2007 6:08pm CST
If someone gave you 1 million dollars and said you had to use it to create a business and the business had to benefit others while bringing in money..what type of business would you create? What would you call it? I would open up an apartment complex that required only $100 a month rent and that every tenent be responsible for their own utilities..Those who rented would have to have a quarterly inspection to show they are keeping up the room they are renting.. What about you?
2 people like this
13 responses
• Philippines
23 Jun 07
I would like to put up a foundation where I could invest the money. Something that would train out of school youth in a skill that would be profitable for them and for the foundation. With the aim that what they will learn and earn from the program, they could use to pursue their studies.
2 people like this
• United States
27 Jun 07
Wonderful..our young people really do need some dedicated wealthy people who are willing to invest in them;)+
@4cuteboys (4103)
• United States
23 Jun 07
I would open up a soup kitchen, it's really the only thing I can think of that I would like to do that would help people although that doesnt really bring in any money. But I would like to do something like that. Help the hungry. I dont think there is enough help out there for people that really need it, and this would be one way I could help.
2 people like this
• United States
27 Jun 07
I have often dreamt of opening a soup kitchen..and I think sometime in the future I may do this without even inheriting a million dollars..Thanks for sharing;+
@nonew3 (1941)
• United States
23 Jun 07
I would open up an orphanage in Africa, and make every resident that is capable of working do something to maintain the orphanage and bring in income for the orphanage, such as starting and maintaining an organic garden and selling the produce, producing clothes and crafts and selling them, and other things as well. This way the kids would learn how to work and lead productive lives, everyone would have enough to eat and clothes to wear, and the orphanage would be able to keep its doors open to help others.
2 people like this
• United States
23 Jun 07
Wonderful..that sounds like you would definitely use a million in a very productive way..Would that those who have millions would give some away to those who would use it wisely:)+
@tredale (1313)
• Australia
23 Jun 07
littlefranciscan, my dream has been to own a hang out for teenages ran by teenages. It would sell food and have young teenage bands playing there. I guess the only way that there would be an income would be out of the food and drinks that were sold. But it would provide a service of keeping our youth off the street when hanging out. Plus give teenage bands a place to play. Id love more ideas but a million dollars would cover the set up easily I guess I just have to work on how to make an income out of it. thanks loved this post.
• United States
23 Jun 07
Isn't that wonderful..What kind ot hings would you keep in this center? would you have video games...etc..Whould their be counselors on hand?
1 person likes this
@tredale (1313)
• Australia
23 Jun 07
Yes I would love to have video games, computers, councilors, a wall for fraffiti art, a karoke machine and dance machine, pool table etc anything that the teens get into. Im still trying to find more ideas though.
1 person likes this
• United States
27 Jun 07
Sounds like you would really deck out the place you would create should a million dollars fall into your possession..Thanks for sharing..I really enjoyed reading what you would do!:)+
@eadward (140)
• Brazil
23 Jun 07
I'd open a Brothel. It would give relaxing moments to tired men, and make the ugly or socially inept able to taste beautiful women. And of course, it would certainly bring in lots of money.
1 person likes this
• United States
27 Jun 07
Well..that is certainly a different way to use a million..but I guess there are as many different ways as there are people;)+
@sigma77 (5385)
• United States
23 Jun 07
I would create 50 $20,000 accounts to use in trading the financial markets. Using strict guidelines and a specialized trading plan, each person would be given the chance to double their account. When they have doubled their account size, they could then go off on their own and use their profits to start their own accounts or some other business. There would be rules about losing money and after a certain point, a trader would have to give up his account. I would teach them about trading and how to manage their accounts. This way, they could learn to trade profitably, learn some money management skills and possibly have some money to work with on their own.
1 person likes this
• United States
27 Jun 07
Isnt that wonderful..that is another way to utilize money..by doubling it or more ..and giving it to several people;)+
• India
23 Jun 07
Well If someone gives me 1million dollars then i will start such business which is helpful to those who is below poverty line, I will create employment for those, who is unemployed or educated unemplyed. I will create new oppertunities for those, who is in need of services or business oppertunities. Nowadays Software & I.T. field is booming up, mejority of student want to be I.T. Professional, For such I will start I.T. Training & Education institute which will helpful & needed for all. I think to provide correct & appropriate training or education is the basic need for any kind of business. Also I will start Career Guidance for all those, who want to start career in I.T. field or in other field. According to me to provide education is the greatest work because it will create Future Generation educated & skilled.
1 person likes this
• United States
27 Jun 07
Sounds like you have an excellent idea there primeinfotech ..would be wonderful if some day such a grand idea can be put into practice;)+
@kgwat70 (13398)
• United States
23 Jun 07
I think that sounds like a very good idea that you mentioned about starting a low cost apartment complex so that people could have a place to live that can not afford the current apartments, which charge an arm and a leg. I think that I would probably do the same thing as you. You definitely would have to make sure they are taking care of the place otherwise that million dollars will go quickly.
• United States
27 Jun 07
Well that is where I would have quarterly inspections..As long as they are keeping up their apartments then they can continue to live there..but if there is a mess ..I will give a warning with a determined time to fix up what needs fixing..then I would re-evaluate them;)+
• United States
23 Jun 07
I would open a large animal shelter. That could help all the homeless animals. Also, it would serve as a low income grooming/veterinary clinic for those who can't afford animal care. I think so many animals end up homeless because people can't afford the health care needs and medical needs of their pets. I'm not sure what I would call it though.
1 person likes this
• United States
27 Jun 07
Sounds wonderful..over here..well really, across the river there is a "cat shelter"..They rescue cats and help them find homes ..;)+
@oriental (1051)
• Uruguay
23 Jun 07
I would build up a laboratory and hire experts in order to produce medicines that would be sold at prices just a little above their cost to poor people around the world.
• United States
23 Jun 07
Hmm..sounds interesting..what about those who can't afford the little above their cost..the really really poor..would you offer it free to such people?..Great idea though, since pharmacies etc really hike up the cost of medications they sell;)+|
23 Jun 07
I'd start two. (with that amount of money) 1) A cheap webhosting company which didn't care about profit but "to" serves it's users. 2) I'd start a real life chain of cafe with computers. A large area for people to sit and chat with hot and cold food being served. (not near the pcs) tho ~joey
1 person likes this
• United States
23 Jun 07
Wonderful selections..Maybe someday..joey_matthews you will be able to do this..One never knows when the heavens will rain down money for those who will help others.
@Inklings (1257)
• United States
23 Jun 07
I would open up an affordable child care center that's open 24 hours a day, 7 days a week. All too often, people who work outside of the traditional Monday-Friday, nine-to-five have a hard time finding safe, dependable, affordable care for their children. As for a business name, I'll have to think about that.
• United States
23 Jun 07
You are so right..day care..and one that is dedicated and trustworthy is always in line and needed;)+
@rhinoboy (2129)
26 Jun 07
I would open a kabbutz (sp?). That would provide accomodation and work for those who require it while making a little money from produce and craft goods etc.