My First Million
The best business ideas come from noticing what's working and doing it better, faster, or for a different audience.
Minimal presence in industry showrooms
Why It Works
Buyers congregate at trade shows expecting to find new products, provides legitimate business presence
Prerequisites
How to Execute
Research where industry buyers gather
Rent smallest viable showroom space
Create professional product displays
Schedule buyer meetings in advance
Follow up immediately after show
When It Fails
When showroom presence doesn't match professional expectations, when products aren't ready for orders, or when follow-up is poor
Real Example
“Rent 2x2 meter showroom cubicle in Hong Kong, sleep under table to save costs, use space to meet major international buyers”
Related Knowledge
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Construction industry unchanged for centuries, housing costs far exceed material costs, slow customization, inconsistent
Automated FMCG Brand Incubator
Major FMCG companies have duopolies, deliver low margins to retailers, slow to innovate, dominated by TV advertising
Bullets to Cannonballs Framework
A systematic approach to innovation where you fire small, low-cost 'bullets' (tests) first, then invest heavily in 'cannonballs' (full execution) only when bullets prove successful.
First Principles Manufacturing
Building manufacturing operations from fundamental principles rather than copying industry norms, focusing on materials cost as baseline and automating everything possible.
Build global distribution network by directly contacting every possible buyer
Direct relationships with major retailers globally, orders from multiple countries, established presence in key trade sh
Build billion-dollar business without external capital through radical cost control
Profitable every single month, compounding growth funded by retained earnings, 40%+ net margins, complete ownership rete