My First Million
The best business ideas come from noticing what's working and doing it better, faster, or for a different audience.
“they became a category of one we're the only energy drink that's a shot size”
What It Means
Instead of competing directly, create a new category where you have no competition
Why It Matters
Shows how changing form factor can completely change competitive dynamics
When It's True
When you can deliver core value in a fundamentally different format
When It's Risky
When the new category is too small or when customers don't understand it
How to Apply
Analyze what aspects of your business model can be fundamentally changed
Look for underserved distribution channels or formats
Test new category before fully committing
Example Scenario
“Software company creates mobile-first version of desktop tool, becoming the only player in mobile category rather than 10th player in desktop”
Related Knowledge
different is better than better
In competitive markets, being distinctly different creates more advantage than being incrementally better at the same ap
the key to success is dumb competition
Choose markets where you compete against less intelligent or capable competitors rather than against other highly skille
Footprint Disruption Strategy
Creating a new category by dramatically changing the physical footprint and location requirements of an existing busines
Symbiotic Business Integration
A business model where your product increases host location revenue while you benefit from their foot traffic and infras
Keep Your Sails Up Philosophy
Maintaining readiness and taking positive actions even during difficult periods so you can capitalize when opportunities
Scale a food business through minimal-investment franchise model
Thousands of small-footprint locations generating steady ingredient sales with minimal ongoing support required