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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just gotta make your first nut but after you do that work on noble Mission
entrepreneurshipwealthpurpose

What It Means

Focus entirely on financial freedom first, then switch to meaningful work once secure

Why It Matters

Separates wealth generation from mission work to optimize each phase, prevents mission concerns from blocking initial financial success

When It's True

When entrepreneur needs financial security to take risks on impactful but potentially lower-return projects

When It's Risky

If entrepreneur never transitions to noble mission after wealth, or sets wealth target too high

How to Apply

1

Define specific wealth target for 'first nut'

2

Focus ruthlessly on profit optimization until target hit

3

Plan transition to mission-driven work after financial freedom

Example Scenario

Build successful SaaS business for financial freedom, then use wealth and credibility to work on climate change solutions or education reform