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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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Choose business model based on preferred sales method rather than product passion

Entrepreneurs deciding what business to start

Before starting business - strategic planning phase

What Success Looks Like

Starting a business where you enjoy the daily activities required to grow it, leading to sustained motivation and better execution.

Steps to Execute

1

Identify sales/growth methods you enjoy (ads, content, enterprise sales, etc.)

2

List your natural strengths and interests in business development

3

Find business ideas that primarily grow through your preferred methods

4

Validate that the market supports this growth approach

5

Choose business where 90% of your time aligns with activities you want to do

Checklist

Can I do this sales method for 7+ years?
Do I want to build a team around this approach?
Does this method match my personality and skills?
Is this scalable for the business type?
Will I still enjoy this when it's my daily reality?

Inputs Needed

  • Honest self-assessment of preferred work styles
  • Understanding of different business growth methods
  • Market research on viable business models
  • Timeline and lifestyle goals

Outputs

  • Business concept aligned with preferred sales approach
  • Clear understanding of daily activities required
  • Higher likelihood of sustained motivation
  • Better team building strategy

Example

“Instead of starting a B2B software company because you love the product idea but hate enterprise sales, choose an e-commerce business if you love running ads and optimizing conversion funnels.”