My First Million
The best business ideas come from noticing what's working and doing it better, faster, or for a different audience.
False belief can be as effective as accurate belief in driving success
Evidence
Multiple stories of people being told they were special before they had evidence, which fueled them to eventually become special
Implication
Focus on finding and giving genuine enthusiasm rather than perfectly accurate assessments
Counter Belief
False belief leads to overconfidence and eventual failure when reality doesn't match expectations
Example Application
A teacher tells a struggling student they have exceptional potential, which motivates the student to work harder and eventually achieve that potential
Related Knowledge
Identity-Based Action Model
When someone gives you a positive identity label, you unconsciously act in ways that confirm that identity, creating a s
Penny Stock to Blue Chip Framework
A framework where someone with high potential but low current evidence (penny stock) receives belief from someone who se
Become someone who effectively believes in and supports others' potential
You help accelerate others' success by providing genuine belief and confidence at crucial moments in their journey
Identify and connect with people who will believe in your potential before you have evidence
You find 1-3 people who genuinely believe in your potential and provide the confidence boost needed to take meaningful a
you're a penny stock but they see you as a blue chip
Someone with low current evidence but high potential being seen by others as having great future value
they have the highest bias for action of anyone I've met
Giving someone a specific positive identity label that shapes how they see themselves and act