My First Million
The best business ideas come from noticing what's working and doing it better, faster, or for a different audience.
“money's in the bank but the rents still due”
What It Means
Fundraising is just the beginning - the real work of building the business still needs to happen
Why It Matters
Keeps teams focused on execution rather than celebrating raising money
When It's True
When fundraising is means to an end rather than validation of success
When It's Risky
When it creates pressure that prevents strategic thinking or when it dismisses milestone achievements
How to Apply
Frame fundraising as operational necessity, not achievement
Immediately redirect team focus to customer and revenue metrics
Set expectations that real work begins after fundraising
Example Scenario
“After $10M Series A, CEO tells team 'great, now we have 18 months to prove this works - back to building'”
Related Knowledge
Business is the six inches right in front of your face
Focus on solving immediate obvious problems rather than complex long-term planning
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
Create income stream by flipping high-demand restaurant reservations
$70K annual income from flipping reservations at premium restaurants with minimal time investment