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

Copy-paste beats innovation for building wealth at millionaire level

Evidence

Most successful local businesses use proven models; innovation adds execution risk without proportional reward

Implication

Focus energy on execution excellence rather than trying to invent new business models

Counter Belief

Innovation creates competitive moats and larger market opportunities even at small scale

Example Application

Instead of trying to innovate restaurant concept, find successful restaurant in different geography and copy their exact model with focus on superior execution