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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.

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Penny Stock to Blue Chip Framework

Reusability

A framework where someone with high potential but low current evidence (penny stock) receives belief from someone who sees their future value (blue chip potential)

How It Works

Works by providing external validation and confidence that bridges the gap between current self-doubt and future capability, allowing the person to take action until their results catch up

Components

1

Find someone who genuinely sees your potential

2

Accept their belief as temporary fuel

3

Take action based on that confidence

4

Build evidence through action

5

Transition to self-fueled belief

When to Use

When you're early in your career, lacking confidence, or need external validation to overcome initial hesitation and self-doubt

When Not to Use

When you already have strong self-belief and evidence of success, or when the believer lacks genuine conviction

Anti-Patterns to Avoid

Seeking false or hollow praiseBecoming dependent on external validation long-termNot taking action to build evidence

Example

A 22-year-old with a business idea finds an experienced entrepreneur who invests time and belief in them, giving them confidence to start building until their early results provide self-sustaining motivation