My First Million
The best business ideas come from noticing what's working and doing it better, faster, or for a different audience.
“big results typically come from one thing”
What It Means
Massive wealth and success usually result from exceptional execution in a single area rather than diversification
Why It Matters
Contradicts conventional wisdom about diversification and explains why focus is critical for breakthrough success
When It's True
In early stages of wealth building and when you haven't yet achieved product-market fit in your primary area
When It's Risky
When you have already achieved massive success and have excess resources to deploy strategically
How to Apply
Choose primary focus carefully
Resist urge to start multiple projects simultaneously
Ask 'will I wish I stuck with this in 10 years?'
Example Scenario
“Focus solely on SaaS product until $10M ARR instead of also starting consulting and real estate ventures”
Related Knowledge
6-Step Business Idea Research Framework
A systematic approach to discovering profitable business opportunities by researching six key areas: demand, audience si
Extract business insights and trend signals from public company annual reports
Finding 1-2 specific lines about fast-growing segments that spark viable business ideas
Collector of People Mental Model
Systematically building relationships with interesting people before you need them, treating networking as collecting va
Consistency beats perfection in fitness and business
Systems and non-negotiable rules matter more than motivation or perfect conditions
when you see a big company say one or two lines like that that gets me really interested
Large companies with millions of customers mentioning small trends signals massive future opportunities
Massive wealth typically comes from doing one thing exceptionally well for extended periods, not fro
Every yes to a new project is a no to family time, deep focus, or optimization of the main thing.