I tend to be very desensitized to big numbers. Being in the information worker world, I see news about millionaires and billionaires all the time in the tech news. In the Pacific NW there are some very popular Microsoft multi-billionaires. One guy in California is making electric cars. One really old one lives in the midwest and loves Cherry Coke and cheeseburgers.
I wanted to sit down with paper and pen and really experience as much as I can, what a billion dollars really means with simple math.
Let's say a person makes a very good living making $100,000 per year.
In 10yrs, they will have:
10yrs x $100,000 = $1,000,000. That's a million bucks, or $1M for short. That's PRETTY DARN GOOD if you ask me.
Let's keep going.
100yrs x $100,000 = $10,000,000 = $10M
1000yrs x $100,000 = $100,000,000 = $100M
At this point, you and I will never live for a thousand years. But you have to go one step further to get the magic 'B'.
10,000yrs x $100,000 = $1,000,000,000 = $1B
There's the magic number! Ten thousand years of working full time, paying no taxes, buying no food, no home, no clothes, no nothing. Just working and saving every penny of your $100k salary for ten thousand years straight and you can be a billionaire.
Like they say in the infomercials, BUT WAIT, there's more.
We might be able to witness history soon with Apple, Inc. (NASDAQ: AAPL) becoming the first company with a market cap of $1T. A trillion bucks. You don't hear about trillion dollar silicon valley deals yet.
So let's continue that journey to $1T.
100,000yrs x $100,000 = $10,000,000,000 = $10B (lots of folks have this much in the world. it's really not a big deal at all.)
1,000,000yrs x $100,000 = $100,000,000,000 = $100B (there are a slew of companies worth this much, so again, not a big deal at all.)
10,000,000yrs x $100,000 = $1,000,000,000,000 = $1T. Finally! The big 'T'!!
It only takes 10 million years at our very good salary to get there.
What are you thinking about right now?
I love bacon and eggs and toast (not pictured). Breakfast is my one of my favorite meals of the day. At the dining hall they once served breakfast for dinner. I was surprised, in awe, and oh so happy. Salt and pepper the eggs. But not too much salt because the bacon is already salty. And while the toast is warm, first butter it, then jam/jelly it (strawberry, or grape usually, but almost will do.) The combination of creamy butteriness with sweet sugary jam/jelly on a nicely toasted piece of white bread that hopefully has a hint of char on it... is a simple heaven.
What did the husband nacho say to the wife nacho when she came home and said "I want to quit my job and launch an internet startup!"
He said "let's taco 'bout it first."
a very short interaction i had over the phone the other day:
sales rep: for some reason my screen is looking really weird.
me: is your screen a mirror?
This second one seems to fix the all-caps issue... one step at a time!
My name is Dae Yu.