As a youngster I always thought that it should not be too difficult to earn 1 000 000 per month. I now know better. But is it possible? What would you do with it?

In my previous career as financial planner I had access to information about the income of some top South African earners. Mr Wiese, Motsepe and Rupert all fall in the category of richest South Africans.  The salariy was high, but hardly ever a million per month. Their share options schemes would often give them the best profit from a tax point of view and this would amount to millions.

So is it possible to earn a million per month? If I am able to give a valuable service to 1 million people and get paid $1 per month for that, I would earn that amount of money every month as long as I render the service. Take pay TV like DSTV in Africa for instance. If I would develop a processor in the decoder system that is in every decoder and I get paid per decoder every month that would be a wonderful cashflow. I know if a subscriber does not pay his regular payment that he would not get the service and entertainment every month that he was used to. So he will normally keep paying. The other option would be something like a KFC – franchise (or more than one for that matter). If I have 1 million customers per month and I receive one dollar per person, I will reach my target of 1 million per month.

It seems that you will be able to earn the income in the food industry, in entertainment or liquor sales. Financial services on massive scale or cell phone technology could also lead to this type of income. The question is more: what would I do with a million per month when I have it? What would you do with it?