My First Million
The best business ideas come from noticing what's working and doing it better, faster, or for a different audience.
Money continues to increase happiness well beyond basic needs
Evidence
New research showing happiness correlation up to $500k income levels
Implication
Wealth accumulation is a rational happiness optimization strategy
Counter Belief
Money above basic needs creates diminishing returns on well-being
Example Application
Prioritize salary negotiations and wealth-building activities as legitimate happiness investments
Related Knowledge
Revealed Preference Assessment
Evaluate people's true beliefs and priorities by observing their actions rather than listening to their stated positions
Wealth research shows money continues increasing happiness beyond conventional thresholds
The conventional wisdom about money not buying happiness beyond basic needs is wrong - more money does continue to incre
Dumb vs Dumbass Decision Framework
A framework distinguishing between lack of intelligence (dumb) and poor judgment despite intelligence (dumbass).
Handle public employee termination situations without legal and PR disasters
Employee termination handled with dignity, no legal exposure, minimal negative PR, company reputation protected
elon's not dumb but he's a dumbass and there's a big difference
Intelligence and good judgment are separate capabilities - smart people can consistently make terrible decisions
anytime a rich person tells you money doesn't make you happy just ask them for their money
People's actions reveal their true beliefs better than their words - if money truly didn't matter, wealthy people would