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
Most people understate the risk of not doing something
Evidence
DoubleClick's global expansion before profitability created lasting competitive advantages
Implication
Bias toward action and calculated risks rather than conservative approach
Counter Belief
Moving too fast leads to unsustainable growth and poor unit economics
Example Application
When you have proven model, raise capital aggressively and scale before competitors catch up