My First Million
The best business ideas come from noticing what's working and doing it better, faster, or for a different audience.
Pre-Fall vs Post-Fall Assessment
People are either pre-fall (haven't been truly humbled by life) or post-fall (have experienced deep adversity that fundamentally changed them)
Decision Rule
When evaluating partners or employees, assess whether they've been through genuine hardship that tested their character and resilience
How It Works
Major adversity reveals true character and builds resilience - people who've never faced real hardship may crack under pressure in spectacular ways
Failure Modes
Assuming success means someone is post-fall
Underestimating pre-fall people who haven't faced adversity yet
Overvaluing suffering without growth
Example Decision
“Choose the co-founder who built a failed startup and lost everything over the one with only academic and professional success”
Related Knowledge
Audiences are massively underpriced relative to their value creation potential
Huge opportunity to partner with content creators on equity-based businesses
Audience Co-Founder Framework
Partner with content creators who have audiences by building or buying the perfect business for their audience, giving t
Regulatory Compliance Arbitrage
Build businesses around government-mandated compliance requirements where non-compliance leads to jail time or massive f
The Boy vs The Guy Framework
Young ambitious person works directly for successful entrepreneur for 2-3 years as protégé/chief of staff, getting mento
Launch a business using content creator's audience as unfair distribution advantage
Nine-figure exit where creator makes more from equity than they ever made from sponsorships
Acquire venture-backed companies with broken cap tables at discounted prices
Good business making $10M revenue growing 30% annually but founder and VCs both happy to exit due to misaligned incentiv