My First Million
The best business ideas come from noticing what's working and doing it better, faster, or for a different audience.
Company Builder vs Individual Contributor Mindset
Think about creating recurring revenue systems with teams rather than trading personal time for money
Decision Rule
Ask: 'Am I building an asset that creates value without my direct involvement, or am I just creating income for myself?'
How It Works
Companies create compounding value through systems and people, individual work creates linear income that caps at your time
Failure Modes
Staying in consulting mindset too long
Building fake companies that are just jobs
Not delegating effectively
Avoiding management responsibilities
Example Decision
“Realtor decides to build real estate team that can sell 300 homes/year instead of personally selling 20 homes/year”
Related Knowledge
Experience almost always trumps potential in critical business roles
Budget more for experienced talent in key positions rather than trying to develop junior talent
Most business success comes from copying proven blueprints rather than innovation
Spend time studying successful business models to replicate rather than trying to invent new approaches
Experience Premium Hiring
Paying 2-3x more for experienced hires who have already solved similar problems rather than betting on high-potential bu
Talent x Project Selection Matrix
If you're hardworking and talented, project selection becomes the only variable that matters for outcomes
Sarah's List Employee Wealth Strategy
Join stable, proven companies with 1000+ employees that still have 5-10x growth potential to build wealth through stock
Square Wave Management Style
Alternate between high-level strategic thinking (10,000 foot view) and deep tactical execution (ground level details), a