My First Million
The best business ideas come from noticing what's working and doing it better, faster, or for a different audience.
“there's a million ways to get to where you want to go”
What It Means
Success isn't limited to one prescribed path - many different strategies and business models can lead to wealth
Why It Matters
People often think they must follow Silicon Valley venture capital model when other paths exist
When It's True
When you have multiple skills and market opportunities available
When It's Risky
When analysis paralysis prevents you from choosing any path
How to Apply
Study successful people in different industries and geographies
Choose a path that aligns with your skills and preferences
Don't copy strategies that worked for others without considering your context
Focus on choosing a game you want to play long-term
Example Scenario
“Building a WordPress plugin business in Florida instead of moving to Silicon Valley to raise venture capital”
Related Knowledge
Consistency Over Virality Framework
A content creation approach that prioritizes regular, scheduled output over sporadic attempts at viral content
Discomfort Tolerance in Negotiation
A negotiation approach where the person willing to sit in discomfort the longest typically achieves better outcomes
Emotional Home Theory
The concept that everyone has a default emotional state they return to regardless of external circumstances, and this ca
Reduce taxable income while building wealth through real estate investments
Significantly reduced tax burden while building real estate portfolio that appreciates over time
Infinite vs Finite Games for Business
Finite games are played to win and end, infinite games are played to keep playing.
There are multiple valid paths to wealth and success
People should choose the path that aligns with their skills and preferences rather than copying Silicon Valley venture c