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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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Open profitable physical location business with minimal capital

Entrepreneurs with $100-200k savings wanting to start location-based businesses

6-12 months to profitability

What Success Looks Like

First location generating $100k+ monthly revenue within 30 days, with clear path to additional locations

Steps to Execute

1

Validate concept with simple math on capacity and pricing

2

Negotiate extended payment terms with contractors and suppliers

3

Avoid security deposits through negotiation

4

Finance equipment rather than buying outright

5

Launch with maximum PR and media attention

6

Reinvest all profits into rapid expansion

7

Create buzz through scarcity and exclusivity

Checklist

Calculate maximum daily/monthly revenue potential
Negotiate net 60 terms with all vendors possible
Secure location without security deposit
Arrange equipment financing
Prepare media contacts and launch PR strategy
Plan second location before opening first

Inputs Needed

  • $100-200k in savings
  • Proven business model to copy
  • Strong negotiation skills
  • Media contacts or PR ability
  • Clear expansion vision

Outputs

  • $100k+ monthly revenue within 30 days
  • Media coverage and brand awareness
  • Proven model for rapid replication
  • Cash flow for immediate expansion

Example

Opening a boutique fitness studio by negotiating 60-day payment terms with contractors, financing all equipment, avoiding security deposits, and launching with local media coverage to achieve full capacity immediately.