My First Million
The best business ideas come from noticing what's working and doing it better, faster, or for a different audience.
“I know nothing about deodorant today but in 6 months I'll know everything”
What It Means
Domain expertise can be rapidly acquired through focused effort and commitment
Why It Matters
Removes excuse of unfamiliarity from preventing business opportunities
When It's True
When you're willing to commit intensive effort and have access to learning resources
When It's Risky
In highly technical domains requiring years of experience or when overconfident
How to Apply
Set 6-month learning goals when entering new industries
Commit fully to understanding domain before starting
Use as confidence booster when facing unfamiliar opportunities
Example Scenario
“Entrepreneur considering food business despite no food industry experience commits to learning supply chain, regulations, and market dynamics within 6 months.”
Related Knowledge
Success is the sum of your attempts
Failed attempts aren't wasted effort - they're building blocks that contribute to eventual success
Crisis Contrarian Investment Framework
Investment approach that involves buying assets when everyone else is selling during market crashes or crisis periods
Strategic Brand Element Copying
Systematically borrowing proven visual and design elements from successful brands to quickly establish professional bran
Generate high-volume cash flow through check cashing service at retail location
Processing $250k of checks weekly, earning 3-5% fee ($7500-12500 weekly revenue), serving regular customer base
Create tradeable stock market for residential real estate ownership
Platform with hundreds of properties trading actively, retail investors buying/selling shares daily, property operators
Six Month Expertise Acquisition
The belief that you can become highly knowledgeable in any domain within 6 months of focused learning