My First Million
The best business ideas come from noticing what's working and doing it better, faster, or for a different audience.
Export Framework
A systematic approach to finding business opportunities by identifying expensive internal solutions that big companies built and turning them into products any company can use
How It Works
Large companies spend millions on R&D to solve their own problems. Once proven, these solutions can be exported as products to other companies who face the same problems but lack the resources for custom development
Components
Identify a large successful company
Research what internal tools or processes they built from scratch
Determine if this solution cost millions in R&D
Assess if the problem exists across multiple companies
Build a productized version others can adopt without the R&D cost
When to Use
When looking for validated business ideas with proven demand and willingness to pay
When Not to Use
When the internal solution requires massive scale to be economical, or when the problem is too company-specific
Anti-Patterns to Avoid
Example
“Amazon spent billions on warehouse robotics. Only 2% of warehouses use robotics today, but this will approach 100%. Export the robotics solution as a product other warehouses can adopt.”
Related Knowledge
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Multi-million dollar AI consulting practice that gets acquired by major consulting firm for 8-9 figure exit
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Portfolio of celebrity/athlete digital rights that generates recurring licensing revenue as deepfake technology scales
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Technology Wave Pattern
A framework for identifying and categorizing major technological shifts that create trillion-dollar opportunities approx
One Stat Business Model
A business opportunity that can be entirely explained and justified by a single compelling statistic