What would you do if you had $590k?

Wow, this is quite the sum wouldn't you agree. I noticed everyone has been on this prompt both on noise.cash and read.cash so I decided to join in.

"To whom much is given, more is expected"

Just thinking about having such a sum is unbelievably mind-blowing. A lot of things one could do with such a sum. When converted to my countries National currency that is about 325 Billion Naira.

I would finally earn the title of being a Billionaire.

Here are a few of the ones that come to mind. I will organize them in Phases

I would first secure the capital, it is important to always have a source of income to replace the money leaving or one would continue to advance towards being poor.

Phase 1 - Invest in Real Estate

Real Estate is a lucrative business wouldn't you agree? I would buy a couple of hectares of land with about 10 Billion Naira.

I will immediately get the property surveyed and get all the documents needed to secure the land with about 1 billion to speed up the process.

The next step of this plan would be to start development at once on about 5 hectares of land. I will commence the building of a luxurious Estate using all the latest designs as well as facilities to meet the needs of every occupant of the property and this will cost me about 90 Billion Naira.

Rents can serve as a good source of passive income and eventually I will break even on the initial capital incurred in starting the business.

Phase 2- start my commuting agency

It's going to be my Estate and I'm sure there will be a need for occupants to commute to other sectors of the Estate, so it's only wise that I provide this means of transport. Of course, it would also be able to work even beyond the Estate but its primary function would be to see to the satisfaction of the occupants. 3 Billion Naira should be able to get these vehicles running.

Phase 3- Build Recreational Facilities in the Estate

Once I have provided a means of access to and from the Estate, I will begin to establish recreational facilities right in the Estate. It would cost Design beautiful parks, Shopping malls, movies and games centers, and many more. This is sure to attract even more members to the Estate. In addition to the initial 90 Billion incurred in the building construction, another 50 billion Naira will be required approximately to get these businesses running.

Plan 4- Addressing Taxes.

The major problem of being wealthy is the tax payment policies. Somehow you have to pay the government for being rich. To address this issue, I will have to cut a good deal with the government. A good portion of about I will generate yearly from rents will be given back to the government. That way I will not have to take it from my pocket and business will run as usual.

Plan 5 - Health and Security

I have always had this dream of starting my own task force. Every development needs good security. A special security unit will be trained for the sole purpose of protecting and maintaining order in this facility. It will also be important to establish a clinic in this massive Estate to handle emergency services in case of accidents as well as Stand-by ambulances to meet these needs. To get this settled, I will require about 10 billion Naira

You are probably wondering, how will all these people get paid. As much as I would like to make it a free clinic a small token will still have to be paid for its maintenance. Also with my initial Establishment and passive income flows I will never encounter any problem that will arise as a result of having unpaid workers.

Plan 6 - Introducing Bitcoin Cash

I will reserve 100 billion Naira worth of BCH as savings in my wallet before proceeding with this plan. Crypto ATMs will be installed in various areas of the Estate and BCH will be the major means of performing transactions. I might incur a total cost of about 1 Billion Naira to get this running. This will reduce the major issues of theft as well as ensure Transparency and Accountability. To promote the use of BCH, a special discount would be given to its users in this community. The massive usage of this coin and application will directly lead to the increase in the value of BCH

More money for me

So far, here is an account of the money spent

• Initial Capital -N325,000,000,000

• Cost of land - N10,000,000,000

• Documentation - N1,000,000,000

• Cost of building construction - N90,000,000,000

• Commuting agency - N3,000,000,000

• Health and Security - N10,000,000,000

• BCH hodlings - N100,000,000,000

• Crypto ATM's- N1,000,000,000

• I still have N111,000,000,000.

Phase 7 - Charity

"Freely you have received, freely give"

Aside from the fact that the Estate will serve as a means of employment for a lot of people I will donate 11 Billion Naira to Charity foundations.

"The devil finds work for idle hands"- the more people we have off the street begging for alms, the better a community would be as well as lowering the crime rate.

A lot of orphans and homeless people living in the street, under bridges, cold corners, uncompleted buildings out there need financial aid to live a comfortable life and a job to serve as a means of livelihood. Having a charity foundation to meet these needs will go a long way in making the world a better place.

Phase 8 - Running cost

Every establishment needs funds for running the business. For this reason, I will have 50 Billion Naira on hold. I'm pretty sure I won't require the need of the whole funds but you never know what to expect and there will be a need to have backups for emergencies.

Phase 9 - My other fantasies.

I wrote an article about the places I would love to visit, Paris - the city of love remains number 1 on that list. Managing such businesses would require a lot of managerial functions especially supervision. There will be a need to take breaks with my family to just have fun and relax. I should have my own Private Jet at this point, 10 Billion should be enough to serve this purpose.

Phase 10 - Balance

I am left with 40 Billion Naira to do with as I please. I have always wanted to eat whatever I want and whenever I please, so I might visit Italy more often to enjoy their Pizza. Don't judge me, I will also eat a healthy diet to maintain my good health.

The balance would be used to meet my personal needs without interfering with the business, children's school fees as well as Wife's needs.

By my rough Estimate, annually I should be able to generate a profit of about 50 Billion Naira - and that is after paying taxes as well as worker's dues.

At that rate in about 7 years, I would have made 350 Billion Naira - give or take.

A brilliant plan I must say, one would be set for life with that amount.

What would you do if you had $590k?

I had a really nice time writing this article, for a while, I got caught up in my dream.

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