My First Million
The best business ideas come from noticing what's working and doing it better, faster, or for a different audience.
“Success is the sum of your attempts”
What It Means
Failed attempts aren't wasted effort - they're building blocks that contribute to eventual success
Why It Matters
Reframes failure as part of the success process rather than setback
When It's True
When you learn from each attempt and apply lessons to future efforts
When It's Risky
If you don't actually learn from failures or keep repeating same mistakes
How to Apply
Document lessons from each failed attempt
Look for patterns across multiple attempts
View current struggles as building blocks for future success
Example Scenario
“Flow founders had two failed health apps before building the successful period tracking app - those failures taught them market selection and product development skills”
Related Knowledge
I know nothing about deodorant today but in 6 months I'll know everything
Domain expertise can be rapidly acquired through focused effort and commitment
Zoom-In Pivot Framework
A strategic pivot where you narrow focus from a broad, mediocre product for everyone to an excellent product for a specific niche that already shows traction within your existing user base.
Influence the Influencers Strategy
A customer acquisition strategy focused on winning over community leaders and moderators first, who then authentically promote your product to their communities.
Acquire first 100 customers through authentic community engagement
100+ paying customers acquired organically with strong retention, community leaders actively recommending your product
Market Selection Over Execution Excellence
The idea that picking the right market with good timing matters more than having the best product or execution
Success is the sum of your attempts
Don't view failed attempts as wasted time - they're building blocks for future success