My First Million
The best business ideas come from noticing what's working and doing it better, faster, or for a different audience.
Audiences are massively underpriced relative to their value creation potential
Evidence
Examples like Joe Rogan/Onnit, Prime energy drink success, Tiny's creator partnerships
Implication
Huge opportunity to partner with content creators on equity-based businesses
Counter Belief
Creator businesses are risky because they depend on individual personalities
Example Application
Prioritize business partnerships with creators over traditional marketing spend
Related Knowledge
Pre-Fall vs Post-Fall Assessment
People are either pre-fall (haven't been truly humbled by life) or post-fall (have experienced deep adversity that funda
Special Situations Opportunity Recognition
Look for situations where different parties want different outcomes, creating opportunities to restructure deals so ever
Audience Co-Founder Framework
Partner with content creators who have audiences by building or buying the perfect business for their audience, giving t
Regulatory Compliance Arbitrage
Build businesses around government-mandated compliance requirements where non-compliance leads to jail time or massive f
The Boy vs The Guy Framework
Young ambitious person works directly for successful entrepreneur for 2-3 years as protégé/chief of staff, getting mento
Launch a business using content creator's audience as unfair distribution advantage
Nine-figure exit where creator makes more from equity than they ever made from sponsorships