My First Million
The best business ideas come from noticing what's working and doing it better, faster, or for a different audience.
Rise of belief-based mentorship over traditional advising
Timeframe: Already happening, will accelerate over next 5 years
What's Changing
Shift from formal mentorship programs and advice-giving toward relationships based on genuine belief and emotional support
Driving Forces
Recognition that confidence gaps matter more than knowledge gaps
Understanding that action is more valuable than perfect planning
Realization that emotional support accelerates development
Winners
- People who can genuinely spot and believe in potential
- Platforms that facilitate belief-based connections
- Early-career professionals who find effective believers
Losers
- Traditional formal mentorship programs
- Advice-heavy coaching without belief component
- People who rely solely on credentials and experience
How to Position Yourself
Develop genuine enthusiasm recognition skills
Focus on belief and identity-giving over advice
Create systems to stay connected with people you believe in
Build reputation as someone who spots talent early
Early Signals to Watch
Example Implementation
“A successful entrepreneur creates a simple system to regularly meet promising young people, spend genuine time understanding their vision, and provide specific encouraging labels and identities rather than generic advice”
Related Knowledge
Penny Stock to Blue Chip Framework
A framework where someone with high potential but low current evidence (penny stock) receives belief from someone who se
Become someone who effectively believes in and supports others' potential
You help accelerate others' success by providing genuine belief and confidence at crucial moments in their journey
Identify and connect with people who will believe in your potential before you have evidence
You find 1-3 people who genuinely believe in your potential and provide the confidence boost needed to take meaningful a
Identity-Based Action Model
When someone gives you a positive identity label, you unconsciously act in ways that confirm that identity, creating a s
False belief can be as effective as accurate belief in driving success
Focus on finding and giving genuine enthusiasm rather than perfectly accurate assessments
you're a penny stock but they see you as a blue chip
Someone with low current evidence but high potential being seen by others as having great future value