If I Give You 1 Million

If I Give You 1 Million

How would a person with a rich mindset use money given to him for free or inheritance to make him richer? Do you know people who inherited millions then lose all the money in less than a year? I'm sure you've heard lottery winners and government beneficiaries who also lost money and they're lucky if it spanned for a few years. The longest I heard was 2 years. Would it be great to have a record in the Guiness with the longest to lose lottery or free money? Or how about the shortest? What would you be interested to learn, to lose the money shortest, longest, or create more wealth from it?

I was seating at the backseat of an old Mercedes Benz. The driver-and also the car owner-was a businessman and a residential client of my cousin. My cousin, a property consultant, was on the front seat. We were on our way to Shakey's Tomas Morato. It was around 8:00 pm when we were on the road going to Quezon Avenue from the residential condo site area in Pasig. My cousin just told the client that we want to learn and do business. "If I will give you 1 million, what would you do?" The client asked me. "I would buy a condo or apartment or anything as rental property." I replied trying to sound as credible as I can to cover any hint of hesitation. "Do you know how much real estate cost today? 1 million is not enough to get you started in real estate business."

I did have an idea how much real estate cost at that moment. And he was right that 1 million would not be enough. When I was studying real estate back then, yes, 1 million is not enough. But if he asked me that same question today, I would reply differently and I would show him that it was more than enough.

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Ludwig Rosete
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