My First Million
The best business ideas come from noticing what's working and doing it better, faster, or for a different audience.
Become someone who effectively believes in and supports others' potential
Successful people who want to pay it forward and help others reach their potential
Ongoing practice throughout careerWhat Success Looks Like
You help accelerate others' success by providing genuine belief and confidence at crucial moments in their journey
Steps to Execute
Look for people with high potential but low current evidence
Express genuine enthusiasm for their ideas or direction
Give them specific positive labels or identities
Provide small investments of time or resources
Follow up and celebrate their progress
Checklist
Inputs Needed
- Access to people with potential
- Ability to recognize early-stage talent
- Genuine enthusiasm
- Time and attention to invest
Outputs
- Accelerated development of others
- Strong network of grateful high-performers
- Reputation as a talent spotter
- Personal satisfaction from helping others
Example
“An experienced entrepreneur meets a 20-year-old with a creative business idea, spends an hour genuinely engaging with their vision, tells them they have 'the highest bias for action' they've seen, and checks in periodically on their progress”
Related Knowledge
Penny Stock to Blue Chip Framework
A framework where someone with high potential but low current evidence (penny stock) receives belief from someone who se
assigned-mentorship-failure
Identify and connect with people who will believe in your potential before you have evidence
You find 1-3 people who genuinely believe in your potential and provide the confidence boost needed to take meaningful a
Identity-Based Action Model
When someone gives you a positive identity label, you unconsciously act in ways that confirm that identity, creating a s
False belief can be as effective as accurate belief in driving success
Focus on finding and giving genuine enthusiasm rather than perfectly accurate assessments
you're a penny stock but they see you as a blue chip
Someone with low current evidence but high potential being seen by others as having great future value