My First Million
The best business ideas come from noticing what's working and doing it better, faster, or for a different audience.
Fat Pitch Strategy
Waiting for high-probability, high-reward opportunities rather than swinging at every chance that comes along
How It Works
Like Ted Williams mapping the strike zone, you identify your zone of competence and only act when opportunities fall within your sweet spot
Components
Develop expertise in a specific domain first
Map your 'strike zone' of competence and opportunity types
Pass on marginal opportunities that don't fit criteria
When fat pitch appears, swing hard with maximum intensity
When to Use
After developing expertise and pattern recognition, when you have patience and resources to wait
When Not to Use
Early in career when you need experience, in survival mode requiring immediate action
Anti-Patterns to Avoid
Example
“Warren Buffett missing the entire internet boom but still becoming wealthy by focusing only on companies he deeply understood like Coca-Cola”