Sterling Terrell

smart ideas from books

Your First Million

Your First Million

Your first million is the hardest. You know why?

Because unless you inherit it, you have to work, bleed, and fight for every penny of it.

It is either insanely difficult, or takes three generations…

But after that – well – you can put it in the market at 5 percent and breathe a little easier.

5 percent of a million dollars is $50,000, after all. It definitely gives you more options.

I will update this here when I get to my first million.

Ha. Your right. No I wont.

I experienced, too, the truth of the observation, ” that after getting the first hundred pound, it is more easy to get the second,” money itself being of a prolific nature.

-Benjamin Franklin, Autobiography of Benjamin Franklin

Soul-sapping Approach To Life

Soul-sapping Approach To Life

I believe that the biggest soul-sapping thing that there is, might be trying to live without a purpose.

And here is the kicker. Money and things play no part of this discussion.

I heard a podcast just the other day when a popular entrepreneur – worth about $100 million – publicly said, I’m paraphrasing: “Eventually you just sit down and ask what’s the point?”

He is not alone. I mean, you could make a list of all the wealthy celebrities that have killed themselves.

The point is that there is a hole in your heart – in your soul if you will – and money will not plug it.

For how does love, and value, and morals, and ethics, and compassion, and reason, spring from determinism?

Most people can imagine how much better their life would be with some sum of money, how it would free them and allow them to travel and be all-around happier people. What such thinking misses is that money without some purpose in life is soul-sapping.

-Paul Sullivan, The Thin Green Line