My First Million
The best business ideas come from noticing what's working and doing it better, faster, or for a different audience.
Extract business insights and trend signals from public company annual reports
Entrepreneurs, investors, and market researchers looking for early trend signals
1-2 hours per report, ongoing quarterly when reports releaseWhat Success Looks Like
Finding 1-2 specific lines about fast-growing segments that spark viable business ideas
Steps to Execute
Go to annualreports.com and find target company reports
Skim for phrases like 'fastest growing,' 'emerging trend,' 'small but growing'
Cross-reference with traffic data using Similar Web plugin
Note specific customer segments and product categories mentioned
Identify stated company challenges and revenue concentration issues
Research shortcomings and gaps in their approach
Checklist
Inputs Needed
- Public company annual/quarterly reports
- Similar Web browser plugin for traffic data
- Basic understanding of business model analysis
Outputs
- Trend insights before they become mainstream
- Market size validation
- Competitive weakness identification
- Customer segment insights
Example
“Reading 1800 Flowers report reveals succulents are fastest-growing among millennials, leading to discovery of plant subscription and artistic vase business opportunities”
Related Knowledge
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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