My First Million
The best business ideas come from noticing what's working and doing it better, faster, or for a different audience.
Conversion Rate Timing Decay
Customer interest and conversion probability decay rapidly with time, so optimal conversion happens at the moment of peak interest
Decision Rule
Always optimize for immediate response and minimize steps between interest and conversion
How It Works
Psychological momentum fades, competing priorities emerge, and customers forget their initial motivation over time
Failure Modes
Sacrificing quality for speed when customers need time to evaluate
Pushing too hard and seeming desperate
Not having systems ready for immediate response
Example Decision
“Replace 'book a call in 3 days' with 'AI agent calls you right now' because conversion drops 50%+ with each additional step and day of delay”
Related Knowledge
Ideas don't matter, execution matters
Focus on starting and iterating rather than perfecting the idea
Export Framework
A systematic approach to finding business opportunities by identifying expensive internal solutions that big companies b
Technology Wave Pattern
A framework for identifying and categorizing major technological shifts that create trillion-dollar opportunities approx
Launch a profitable AI consulting practice targeting specific verticals
Multi-million dollar AI consulting practice that gets acquired by major consulting firm for 8-9 figure exit
Build valuable digital likeness rights portfolio before market matures
Portfolio of celebrity/athlete digital rights that generates recurring licensing revenue as deepfake technology scales
One Stat Business Model
A business opportunity that can be entirely explained and justified by a single compelling statistic