What would you do? Any business ideas?

I was asked recently by a very good friend of mine this question, "If I was handed one million ringgit to start a business in the current economic climate, what business would I do?". I laughed and said that no one in their right minds would want to start a business now. To which he retorted that every cloud has a silver lining. For eg rents are cheaper, suppliers are more flexible when negotiating prices and most of all, if you have cash then you are king!

I still looked at him doubtfully, so he threw me this challenge : If I could find a business which he feels will work, he will fund it! I was sceptical of this challenge but he said he was dead serious abt it. So I went home thinking what I could do, you know, just in case he really was serious!!! I thot and thot but I still couldn't come up with an answer. He called me 3 days later to see if I had any ideas and I still hadn't any. He told me to take my time, do some research, talk to friends and get back to him when I have an idea. Anyone out there with ideas???