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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nothing attracts a crowd like a crowd
social_proofeventshuman_psychology

What It Means

Humans have irresistible urge to investigate when they see others gathered around something, creating automatic attention and social validation

Why It Matters

Events and crowds generate attention more effectively than individual marketing messages because they trigger survival instincts

When It's True

When events have genuine substance behind them and create authentic social gathering

When It's Risky

When crowds are artificially manufactured or when event lacks real value proposition

How to Apply

1

Create events around product launches instead of press releases

2

Design demonstrations that naturally gather crowds

3

Leverage media coverage of events for broader reach

Example Scenario

PT Barnum's elevator demonstration drew crowd to watch Otis risk his life, creating newspaper coverage and sales that individual marketing couldn't achieve