My First Million
The best business ideas come from noticing what's working and doing it better, faster, or for a different audience.
Win or Learn, Never Lose
Reframe every business outcome as either a win (success) or learning opportunity (data for improvement), eliminating the concept of failure
Decision Rule
When facing setbacks, immediately ask 'what can we learn from this?' instead of dwelling on failure or blame
How It Works
Removes emotional weight from failures, maintains forward momentum, and extracts maximum value from every experience by focusing on actionable insights
Failure Modes
Using learning as excuse for poor execution
Not actually extracting specific lessons from setbacks
Continuing failed approaches under guise of 'learning'
Avoiding accountability by labeling everything as learning
Example Decision
“After $30M Walmart order gets cancelled to $300K, focus on learning about buyer relationships and contract terms rather than dwelling on the lost revenue, leading to better future partnerships”