Knowledge Marketplace
My First Million

My First Million

The best business ideas come from noticing what's working and doing it better, faster, or for a different audience.

Back to Beliefs

Brand moats are as valuable as technology moats but undervalued by tech entrepreneurs

Evidence

LVMH valued at $430B, luxury brands lasting centuries vs technology obsolescence

Implication

Entrepreneurs should consider brand-first strategies, not just tech-first

Counter Belief

Technology creates functional advantages that brands can't match

Example Application

Building a premium D2C brand in a commoditized health category rather than competing on technology