My First Million
The best business ideas come from noticing what's working and doing it better, faster, or for a different audience.
“electricity over pills”
What It Means
Medical treatments are shifting from pharmaceutical interventions to electrical stimulation approaches, especially for mental health and neurological conditions
Why It Matters
Represents a major trend in healthcare that could disrupt pharmaceutical approaches while providing better outcomes
When It's True
For conditions where electrical stimulation shows superior or equivalent results to medications with fewer side effects
When It's Risky
May not apply to all conditions; electrical treatments require specialized equipment and training
How to Apply
Investment thesis for healthcare technology
Treatment exploration for mental health conditions
Business opportunity identification in medical devices
Example Scenario
“A depression treatment center transitions from primarily prescribing antidepressants to offering accelerated TMS, achieving better outcomes with fewer side effects”