My First Million
The best business ideas come from noticing what's working and doing it better, faster, or for a different audience.
“I'd rather have 1% effort from a 100 people than 100% effort from me”
What It Means
Building systems and teams creates more value than individual effort, even at high personal capacity
Why It Matters
Most successful businesses require leverage through other people rather than personal productivity
When It's True
When you have proven processes to replicate and can manage teams effectively
When It's Risky
When you don't have proven systems, when management overhead exceeds team output, in highly creative work
How to Apply
Document successful processes
Hire people to execute those processes
Build management systems
Focus on training and culture
Example Scenario
“Real estate agent who personally sells 20 homes/year builds team of 5 agents who collectively sell 200 homes/year”
Related Knowledge
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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
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Internal team can execute the specialized work independently after consultant departure
Find proven business models to copy rather than inventing from scratch
Specific actionable business model with proven precedent that fits your skills and preferences