Personally, I would want to get into starting up "old-school" businesses (You know, the butcher, the baker, the candlestick maker). I'd start with a classic Bakery with a beautifully decorated and inviting sit down area. Goods would be made with all fresh, organic ingredients and using very traditional recipes for common favorites. I would not want to work the bakery or other businesses that I would later create, but just get them going and have hand-picked employees and management with a passion in that area to operate them. I'd hold back 60-100K for day trading, pay back debt (3-4K), and not worry about buying a house until my trading efforts and business are raking in excellent coin.
I'd have a nice house (not too extravagant, but nice) built for my mother, then open my 2nd business (probably a old fashioned toy store specializing in hand-crafted toys), or maybe the old-school candy store would come next. Then a house for me. After having my own house built (solar power augmentation, small-cell spay-foam insulation, radiant floor heating, special air filtering, humidity control, and water purification systems, and computer controlled everything) I would move on to creating the next business.
Eventually the goal would be to have a row of stores on a scenic street that would be a throwback to a simpler time, that would include the Bakery, Restaurant, Toy Store, Candy Store, Butcher Shop, Soda jerk (with a wide variety of REAL ice-cream flavors), and one wildcard which I haven't decided on yet (maybe a tailor or cobbler). The place would also have a connecting greenhouse to provide fresh ingredients for the restaurant and bakery. After that (or perhaps during that time) I would busy myself patenting many of my ideas and bringing them to the retail market.
All this on a million dollars? No, but a million would certainly be enough to light the fuse.
- Chameleon