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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He chose violence
entrepreneurshiprisk_taking

What It Means

Nick chose the aggressive, high-risk path instead of playing it safe with his existing profitable businesses

Why It Matters

Sometimes breakthrough success requires abandoning comfortable, predictable income for uncertain but potentially massive upside

When It's True

When you have enough financial security to take calculated big bets and the potential upside justifies the risk

When It's Risky

When you don't have adequate downside protection or when the bet isn't actually calculated

How to Apply

1

Evaluate whether you're playing too safe relative to your actual financial security

2

Consider if comfortable, incremental progress is limiting your potential

3

Make big bets only when you can survive the worst-case scenario

4

Choose 'violence' strategically, not recklessly

Example Scenario

An entrepreneur making $500K/year from consulting decides to invest everything into building a scalable product business instead of staying in comfortable service model.