My First Million
The best business ideas come from noticing what's working and doing it better, faster, or for a different audience.
2% Weekly Improvement Compounding
Target 2% improvement every week across all business metrics, trusting compound effects over time even when individual improvements seem insignificant
Decision Rule
In every weekly review, identify specific 2% improvements possible in operations, products, or processes, regardless of how small they seem
How It Works
2% weekly improvement compounds to 170% annual improvement. Creates culture of continuous improvement and prevents stagnation during success periods
Failure Modes
Focusing on vanity metrics that don't impact business outcomes
Improving processes that aren't bottlenecks
Getting distracted by large improvements while ignoring consistent small ones
Not measuring improvements accurately
Example Decision
“Instead of major product redesign, implement 2% cost reduction weekly through automation improvements, materials optimization, and process tweaks, achieving massive cost advantages over years”