–or you can LISTEN to this post-[audio:http://www.nevblog.com/audio/newyork.mp3]
Written from Union Square in New York where Noah and I have rented a condo for a week
I was speaking with a younger friend who’s taken a liking to New York recently.
….and we were discussing why New York churns out so many hustlers, deal-makers and driven people.
And it came down to:
Competition for resources.
You smash 10 million people into a tiny spit of land, and the competition for EVERYTHING naturally builds.
Here’s a real example:
A woman in Georgia sold her company for $7million.
“WOW!” said all her friends in Georgia…..“YOU”RE RICH!”
She moved to New York City and bought a condo which a person with $7,000,000 can afford (in the $1.5 – $2mil range)….and suddenly she felt poor.
She could look across the river, and see condos which only people with $100million in the bank could buy.
Then she could look a little to the left and see homes and penthouses that only billionaires could afford.
Whereas back in her neck of Georgia, she was the queen-of-the-world…..in NYC she was just a poor little fish.
That $7,000,000 payday seemed like a windfall in one place, and like a small paycheck in another.
All because of increased competition for resources.
This concept very much reminds me of THIS post:
….and how you are most often a product of your environment.