My First Million
The best business ideas come from noticing what's working and doing it better, faster, or for a different audience.
Build hyper-local content sites before regulatory changes
Why It Works
First-mover advantage in newly legal markets with limited competition and high demand from newly legal consumers
Prerequisites
How to Execute
Research states likely to change regulations
Build domain authority with relevant content before legalization
Create comprehensive resource for new legal market
Establish affiliate relationships with major operators
When It Fails
When regulatory timeline is wrong, when competition moves faster, when affiliate programs aren't profitable
Real Example
“Sports betting affiliate built New Jersey site before legalization, captured market, sold for $46M, repeated in Minnesota for another $40M sale.”
Related Knowledge
Blockchain-Based Content Authentication
With AI becoming capable of generating realistic images, videos, and text, people can no longer distinguish real content from AI-generated content, leading to misinformation and trust issues.
Bezos Number Framework
A systematic approach to finding business opportunities by identifying and analyzing rapidly growing trends before deciding what to build, named after Jeff Bezos noticing the internet growing 2700% per year before starting Amazon.
Great Ideas Remix Framework
Taking proven successful concepts and applying them to different markets, demographics, or contexts while maintaining th
Build a systematic trend research database for business ideation
A spreadsheet with 100+ categorized trends showing direction, doubling time, causes, effects, and business implications
Systematically improve revenue per customer through strategic pricing changes
Revenue per customer increasing 15-30% annually through systematic pricing improvements without hurting conversion rates
Financial Freedom Definition
True financial freedom isn't having a certain amount of money in your bank account - it's when you stop making choices based on money considerations.