Jameson Camp explains why $1 million feels huge when you have it—no more rent stress, family security, meals out—but is actually modest. A house down payment, a startup seed round, or money that cycles back through the economy. He argues wealth is flowing, not finite, and $1 million is a starting line.
The first time I ever saw $1 million in a brokerage account, I was convinced my life was going to fully change, and it did not, because $1 million is nothing, but it's also everything all at once. So you have to understand that it is the first time that you don't worry about how your rent gets paid. It's the first time that you know your mom is taken care of. It's the first time that you can sleep well and eat whatever you want at a restaurant. You should respect that. It's important. It's huge. But if you really zoom out, it's very different. In real estate, it might literally be a down payment on a home. In venture capital, it's not even a seed round. For a business to get off the ground. So in context of all this, it is just the starting line, it is not the end goal. So the problem that people have is that they view money as finite, and the reality is that money is infinite. The way it actually works is I take my $10,000, I pay someone else's business, that business then spends that money again. Maybe they pay it on their employees, and their employees come spend their money on my business. So it's quite possible that my $10,000 comes right back into my pocket.
You wont believe what else the founder started #opensea #mergersandacquisitions #venturecapital
