My First Million
The best business ideas come from noticing what's working and doing it better, faster, or for a different audience.
External wealth cannot create internal fulfillment
Evidence
Prince has everything material but remains empty until learning internal mastery
Implication
Happiness is a skill to be developed internally rather than achieved through external acquisition
Counter Belief
Basic material needs must be met before focusing on internal states
Example Application
Focus on developing emotional skills and meaningful relationships rather than only pursuing income increases
Related Knowledge
Precious vs Trivial Filter
A decision filter that categorizes experiences by their true value to your wellbeing and happiness
Reaction vs Response Distinction
A cognitive model distinguishing between automatic emotional reactions and conscious, chosen responses to events
The Happiness Triangle
A three-component system for achieving sustained happiness by controlling focus, state, and story interpretation
Train selective attention on valuable versus trivial matters
Maintaining emotional equilibrium when facing minor setbacks, automatic filtering of trivial from important
Develop conscious control over emotional state entering situations
Choosing your emotional state before important situations, responding rather than reacting to events
Meaning is assigned, not inherent
You have power over your experience through conscious meaning-making rather than being victim of circumstances