My First Million
The best business ideas come from noticing what's working and doing it better, faster, or for a different audience.
Special Situations Opportunity Recognition
Look for situations where different parties want different outcomes, creating opportunities to restructure deals so everyone wins
Decision Rule
When you can identify misaligned incentives between parties who could all benefit from a restructure, there's likely a special situation opportunity
How It Works
Market inefficiencies exist when parties have different goals, timeframes, or risk tolerances - smart restructuring can unlock value for everyone
Failure Modes
Assuming all parties will be rational
Underestimating complexity of restructuring
Missing hidden stakeholder interests
Example Decision
“Buy VC-backed company where founder wants control and VCs want liquidity - restructure cap table so founder gets equity and VCs get exit”
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