Posts by Derek Vaughan

What to Do with $17 Million Every Day

Host Merchant Services Feature Article on what to do with $17 million every day.
The parent company of American Airlines announced this month that the company had lost $1.7 billion in the previous quarter. A quarter is three months and somewhere around 90 days. I asked myself, if anyone else had that kind of money - what would they do with it? To keep it simple I just divided the $1.7 billion by 100 days and that comes out to $17 million per day. Here is what you could do with $17 million a day for 100 days. Day 1 - Buy the 10 most expensive cars in the world. Total cost = $14,076,721. Obviously you would also spend $2,923,279 on gas, maintenance, insurance, tune ups and speeding tickets. Mostly speeding tickets. Day 2 - Spend 479 nights in one of the world's most expensive hotel rooms - the Hugh Hefner Sky Villa at the Palms in Las Vegas. The suite costs $35,487 per night and comes complete with 9,000 square feet of living space, a gym, sauna and full bar. It can hold 250 people and has its own private elevator. Day 3 - Buy the world's most expensive watch for yourself and 3 of your closest friends. At $3.5 million Read full story
perfect-storm

Starting A Business in Tough Economic Times

You've been thinking about starting your own business for years. The opportunity to step out on your own and launch the business has finally come -- but wait. The macro-economic conditions are so seve …Read full story

Using Twitter for Business

Since Twitter was founded by Jack Dorsey, Biz Stone, and Evan Williams in March 2006, both consumers and businesses have been growing and learning together on how best to use this new mass communicati …Read full story
 
 
 
 
 
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