My First Million
The best business ideas come from noticing what's working and doing it better, faster, or for a different audience.
“hire more experienced people and pay them a lot more money and I get way better results”
What It Means
Paying 2-3x more for experienced talent delivers 5-10x better results than hiring ambitious juniors
Why It Matters
Most entrepreneurs try to save money on talent and end up costing themselves much more in opportunity cost
When It's True
When you need results quickly, when the work has been done before, when you can afford the premium
When It's Risky
When budget is extremely tight, when building learning culture, when work is truly novel
How to Apply
Budget 2-3x salary expectations for critical roles
Look for exact experience match
Focus on proven results over potential
Example Scenario
“Startup hires proven head of sales for $300K instead of ambitious junior for $120K, gets revenue growth 6 months faster”
Related Knowledge
if you are hardworking and sufficiently talented, then the only variable that matters is project sel
For capable people, choosing what to work on matters more than how hard you work on it
The highest returns on capital we get as entrepreneurs is talent.
Investing in great people provides better ROI than any other business investment
Experience Premium Hiring
Paying 2-3x more for experienced hires who have already solved similar problems rather than betting on high-potential bu
Talent x Project Selection Matrix
If you're hardworking and talented, project selection becomes the only variable that matters for outcomes
Sarah's List Employee Wealth Strategy
Join stable, proven companies with 1000+ employees that still have 5-10x growth potential to build wealth through stock
Square Wave Management Style
Alternate between high-level strategic thinking (10,000 foot view) and deep tactical execution (ground level details), a