My First Million
The best business ideas come from noticing what's working and doing it better, faster, or for a different audience.
“my dad is addicted to meetings like he thinks winning is like this important person met with me”
What It Means
Many entrepreneurs confuse planning activities with actual business progress and miss opportunities while stuck in meeting mode
Why It Matters
Identifies common failure pattern where process becomes more important than results, especially in time-sensitive opportunities
When It's True
In crisis situations, startup environments, and any business with time-sensitive opportunities
When It's Risky
In complex enterprise sales or highly regulated industries where stakeholder buy-in is genuinely required
How to Apply
Set clear deadlines for decision-making processes
Limit meeting time and require concrete action items
Focus on minimum viable action rather than perfect consensus
Example Scenario
“Entrepreneur spends weeks getting stakeholder approval for COVID supply opportunity while competitor acts immediately and wins the contract”