My First Million
The best business ideas come from noticing what's working and doing it better, faster, or for a different audience.
Democratization of Elite Tax Strategies
Timeframe: 2-5 years for mainstream adoption among $1M+ earners
What's Changing
Previously exclusive tax optimization strategies used by ultra-wealthy are becoming more accessible to high-income entrepreneurs and professionals through specialized firms and educational content.
Driving Forces
Information sharing through podcasts/social media
More entrepreneurs experiencing liquidity events
Specialized firms packaging complex strategies
Regulatory clarity on legitimate optimization methods
Winners
- Tax strategy consulting firms
- Alternative investment platforms
- Legal/accounting firms specializing in high-net-worth
- Educational content creators in finance space
Losers
- Traditional tax preparers focused on simple returns
- Government tax revenue in short-term
- Ultra-wealthy's exclusive access advantage
How to Position Yourself
Create educational content around legitimate strategies
Build platforms connecting investors to opportunities
Offer white-glove services for complex implementations
Focus on compliance and risk management
Early Signals to Watch
Example Implementation
“Startup founder sells company, discovers film tax credit strategy through podcast, uses specialized firm to implement $500K investment generating $2M deduction, saves $800K in taxes.”
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