My First Million
The best business ideas come from noticing what's working and doing it better, faster, or for a different audience.
Business Idea
For: Small to medium businesses (14-100 employees) wanting to improve retention
The Problem
Employee retention is costly and difficult; traditional approaches focus on compensation and culture rather than the #1 driver: workplace friendships
The Solution
A service that systematically facilitates employee friendships through structured social activities, team composition analysis, and relationship-building programs
Why Now?
Remote work has broken traditional friendship formation; companies desperately need retention solutions; data on friendship-retention correlation is becoming well-known
Build MVP in 7 Days
Create simple survey to assess current workplace relationships
Design basic team outing facilitation guide
Build simple scheduling tool for group activities
Test with one friendly company
How to Validate
Revenue Model
Monthly subscription per employee ($50-100/month) for ongoing friendship facilitation programming
Competitive Moat
Proprietary algorithms for optimal team composition, database of effective friendship-building activities, retention outcome data
Risks to Consider
Related Knowledge
T01
Economic growth and high-paying opportunities are increasingly concentrating in a small number of major cities globally
Geographic Arbitrage: Move to major city for career acceleration
Concentration of opportunities, network effects, higher salaries, competitive environment raises your game
Sexier Business, Lower ROI Principle
A career selection rule stating that the more attractive or glamorous an industry appears, the lower the financial retur
Algebra of Wealth Formula
A mathematical representation of wealth building: Focus × Stoicism × Time × Diversification = Wealth
Build a business designed from inception to sell at premium multiples
Selling company for 8x+ revenue in top decile of industry valuations
Time-bounded Recovery Framework
A self-imposed time limit for processing and recovering from failures, losses, or setbacks before you must take action t