My First Million
The best business ideas come from noticing what's working and doing it better, faster, or for a different audience.
Most people overestimate the difficulty of acquiring domain expertise
Evidence
Successfully learned deodorant industry from scratch in 6 months, built $100M business
Implication
Don't let unfamiliarity with industry prevent you from pursuing opportunities
Counter Belief
Some domains require years or decades of experience to truly master
Example Application
Enter new industry by committing to intensive learning period rather than avoiding due to inexperience
Related Knowledge
Six Month Expertise Acquisition
The belief that you can become highly knowledgeable in any domain within 6 months of focused learning
Market Price vs Reality Divergence Detection
When market prices dramatically diverge from operational reality you observe, it signals major opportunity or risk
Crisis Contrarian Investment Framework
Investment approach that involves buying assets when everyone else is selling during market crashes or crisis periods
Strategic Brand Element Copying
Systematically borrowing proven visual and design elements from successful brands to quickly establish professional bran
Generate high-volume cash flow through check cashing service at retail location
Processing $250k of checks weekly, earning 3-5% fee ($7500-12500 weekly revenue), serving regular customer base
Create tradeable stock market for residential real estate ownership
Platform with hundreds of properties trading actively, retail investors buying/selling shares daily, property operators