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My First Million

My First Million

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Optimize for decision quality and strategic thinking over activity and busyness

Investors, executives, or entrepreneurs who have achieved sufficient wealth and want to focus on high-leverage decisions

Long-term lifestyle design (years to decades)

What Success Looks Like

Clear daily schedule with time for deep thinking, reading, and strategic decisions. High-quality decision making without the stress of constant activity. Sustainable energy through proper rest and minimal distractions.

Steps to Execute

1

Eliminate non-essential team members and meetings

2

Block time daily for reading and thinking

3

Institute regular nap schedule for cognitive performance

4

Focus on a few high-conviction decisions rather than many small ones

5

Create physical spaces optimized for deep work and rest

6

Say no to most requests and opportunities

Checklist

Daily schedule has multiple hours of unstructured time
Taking regular naps (20-60 minutes daily)
Reading multiple hours per day across diverse topics
Making fewer than 5 major decisions per year
No regular meetings or standing commitments
Team handles operational details without your input

Inputs Needed

  • Sufficient wealth to not need active income generation
  • Capable team or systems to handle operations
  • Discipline to say no to opportunities and requests
  • Comfortable living and working spaces

Outputs

  • Higher quality strategic decisions
  • Better physical and mental health
  • Deeper learning and knowledge accumulation
  • More creative and contrarian thinking

Example

“Mohnish maintains minimal staff, takes daily naps, spends hours reading across multiple disciplines, and makes a few high-conviction investment decisions per year rather than constantly trading or managing operations.”