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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AI has enabled people to basically build on top of and innovate on any tool or company that exists right now
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What It Means

AI capabilities allow entrepreneurs to enhance any existing product category by reducing friction or improving user experience

Why It Matters

Provides systematic framework for finding business opportunities in proven markets rather than creating new categories

When It's True

When AI can meaningfully improve user experience of existing tools

When It's Risky

When AI adds complexity rather than simplicity, or when the improvement is marginal

How to Apply

1

Scan popular existing tools in any category

2

Identify manual/tedious processes

3

Determine if AI can eliminate friction

4

Build AI-enhanced version focusing on the improvement

Example Scenario

Calendars existed, Motion added AI scheduling. Note-taking existed, Turbo Learn added AI transcription. Calorie tracking existed, Cal added AI photo recognition.