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

Data-driven trend spotting beats intuition for identifying opportunities

Evidence

Bezos used internet growth statistics to identify e-commerce opportunity while others ignored the same data

Implication

Systematic data collection and analysis can reveal opportunities that intuitive entrepreneurs miss

Counter Belief

Great entrepreneurs create markets through vision, not by following data trends

Example Application

Steph's digits database systematically catalogues statistics that most people dismiss, enabling pattern recognition across multiple trends