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 Mental Models

Complexity Avoidance in Business Opportunities

When markets become obsessed with complex, cutting-edge solutions, significant opportunities exist in returning to simple, basic services that everyone overlooks

Decision Rule

If everyone is chasing AI/complex tech, look for simple service businesses that have been abandoned but still have demand

How It Works

Market attention creates blind spots. When all entrepreneurs chase trendy complex solutions, basic needs get underserved, creating low-competition opportunities with proven demand

Failure Modes

Assuming simple means unprofitable

Over-engineering basic solutions

Dismissing unsexy opportunities

Following market hype instead of customer needs

Example Decision

Instead of building AI-powered restaurant management software, start a basic web hosting service for local restaurants that just need simple websites