My First Million
The best business ideas come from noticing what's working and doing it better, faster, or for a different audience.
Collector of People Mental Model
Systematically building relationships with interesting people before you need them, treating networking as collecting valuable assets for future opportunities
Decision Rule
When meeting someone interesting, ask: 'How can we work together?' and position it as either creating magic together or having a new industry friend
How It Works
Creates a bank of relationships that can be activated when opportunities arise, while providing value to others through connections and collaboration
Failure Modes
Coming across as purely transactional rather than genuinely interested
Not following up or maintaining relationships over time
Collecting without ever providing value back to the network
Focusing on quantity over quality of relationships
Example Decision
“Meet interesting person at event → follow up with 'best case we create magic together, worst case you have a new industry friend' → stay in touch occasionally → when starting new company, reach out with specific opportunity”
Related Knowledge
Consistency beats perfection in fitness and business
Systems and non-negotiable rules matter more than motivation or perfect conditions
6-Step Business Idea Research Framework
A systematic approach to discovering profitable business opportunities by researching six key areas: demand, audience si
Extract business insights and trend signals from public company annual reports
Finding 1-2 specific lines about fast-growing segments that spark viable business ideas
when you see a big company say one or two lines like that that gets me really interested
Large companies with millions of customers mentioning small trends signals massive future opportunities
big results typically come from one thing
Massive wealth and success usually result from exceptional execution in a single area rather than diversification
Massive wealth typically comes from doing one thing exceptionally well for extended periods, not fro
Every yes to a new project is a no to family time, deep focus, or optimization of the main thing.