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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can you describe this person as an animal
investingfounder_evaluation

What It Means

A shorthand test for entrepreneurial intensity, tenacity, and ability to overcome obstacles through sheer determination

Why It Matters

Predicts startup success better than analytical metrics because execution quality matters more than market conditions

When It's True

When evaluating early-stage entrepreneurs where market uncertainty is high and execution is everything

When It's Risky

In later-stage companies where systems matter more than founder hustle, or in regulated industries where compliance trumps speed

How to Apply

1

Observe how quickly founders move and make decisions

2

Note their intensity and focus during conversations

3

Ask about obstacles they've overcome

4

Check if they know their key metrics cold

5

See how they handle setbacks and pivots

Example Scenario

Two founders pitch similar ideas. One has polished slides but vague customer knowledge. Other has rough presentation but detailed user feedback and has already iterated three times this month. The second passes the animal test.