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.

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Transform a personal hobby into a scalable business

Hobbyists with some marketing or content creation skills who want to monetize their passion

3-5 years to meaningful revenue, 7-10 years to major scale

What Success Looks Like

A sustainable business generating significant revenue from serving others in your hobby niche, with potential for acquisition or major scale

Steps to Execute

1

Document your hobby journey through content creation

2

Build audience by solving problems you encounter

3

Validate product demand through audience feedback

4

Start with simple affiliate or dropship products

5

Graduate to private label products based on validated demand

6

Consider strategic acquisitions to accelerate growth

Checklist

Have genuine passion and expertise in the hobby
Can create content consistently (video, blog, social)
Hobby has community of people who spend money
Willing to invest 2-3 years building before major monetization
Comfortable with product sourcing and logistics

Inputs Needed

  • Deep hobby knowledge and ongoing participation
  • Basic content creation skills
  • Initial investment for first product orders ($10k-50k)
  • Time for consistent content creation (10+ hours/week)

Outputs

  • Engaged community around your hobby
  • Multiple revenue streams (content + products)
  • Authority position in niche
  • Scalable business with asset value

Example

“Start a YouTube channel about woodworking, build audience by sharing projects, eventually sell your own tool kits and plans to the community you built.”