My First Million
The best business ideas come from noticing what's working and doing it better, faster, or for a different audience.
Identity-Based Action Model
When someone gives you a positive identity label, you unconsciously act in ways that confirm that identity, creating a self-fulfilling prophecy of success
Decision Rule
When uncertain about what action to take, default to the action that confirms your positive identity label
How It Works
Identity shapes behavior - people act consistently with how they see themselves, so positive labels create positive action patterns
Failure Modes
Accepting negative or limiting identity labels
Not living up to positive labels through action
Becoming dependent on external validation of identity
Example Decision
“When facing a business challenge, someone labeled as having 'highest bias for action' will choose to take immediate concrete steps rather than overthinking or planning excessively”
Related Knowledge
False belief can be as effective as accurate belief in driving success
Focus on finding and giving genuine enthusiasm rather than perfectly accurate assessments
Penny Stock to Blue Chip Framework
A framework where someone with high potential but low current evidence (penny stock) receives belief from someone who se
Become someone who effectively believes in and supports others' potential
You help accelerate others' success by providing genuine belief and confidence at crucial moments in their journey
Identify and connect with people who will believe in your potential before you have evidence
You find 1-3 people who genuinely believe in your potential and provide the confidence boost needed to take meaningful a
you're a penny stock but they see you as a blue chip
Someone with low current evidence but high potential being seen by others as having great future value
they have the highest bias for action of anyone I've met
Giving someone a specific positive identity label that shapes how they see themselves and act