In scenarios like this I always doing it by comparing what the worst that could happen from both options:
Would I feel worse leaving with 2 million dollars knowing I had a chance at making a billion or would I feel worse leaving with nothing knowing I could have had 2 million. And in this case I gotta take option A and get the 2 million.
Like others have said you can flip the 2 million (hell apps are becoming big business, it cost like $2000 to make one all you gotta do is invest in like 50 solid ones you think will do well. Even if theres only a 0.1% chance of you succeeding thats 5 successful apps, hopefeully one of which is good enough to make you break even $100000, and one of which does well enough to make you at least a 100 millionaire.)<-----Basically how invest companies make money if they have $5 million at their disposal to invest they can dump $100000 in so many things its almost impossible for them to at least not break even and then if the strike a facebook or hell even instagram
Bill Gates has even said it himself, being a billionaire is overrated. All you need is to amass about 100 million dollars. There are few things in this world a person with multiple billions in this world can do that a person with 100 million cant.
Would I feel worse leaving with 2 million dollars knowing I had a chance at making a billion or would I feel worse leaving with nothing knowing I could have had 2 million. And in this case I gotta take option A and get the 2 million.
Like others have said you can flip the 2 million (hell apps are becoming big business, it cost like $2000 to make one all you gotta do is invest in like 50 solid ones you think will do well. Even if theres only a 0.1% chance of you succeeding thats 5 successful apps, hopefeully one of which is good enough to make you break even $100000, and one of which does well enough to make you at least a 100 millionaire.)<-----Basically how invest companies make money if they have $5 million at their disposal to invest they can dump $100000 in so many things its almost impossible for them to at least not break even and then if the strike a facebook or hell even instagram
Bill Gates has even said it himself, being a billionaire is overrated. All you need is to amass about 100 million dollars. There are few things in this world a person with multiple billions in this world can do that a person with 100 million cant.