My First Million
The best business ideas come from noticing what's working and doing it better, faster, or for a different audience.
“all of the assumptions are off and every company is kind of up for grabs”
What It Means
AI is creating a fundamental reset where established competitive advantages no longer protect incumbent companies
Why It Matters
Suggests unprecedented opportunity for new entrants to challenge established players across all industries
When It's True
During periods of fundamental technology capability expansion like current AI revolution
When It's Risky
When incumbents can integrate new technology faster than startups can build new solutions
How to Apply
Target incumbent-dominated industries for disruption
Build AI-first solutions rather than adding AI features
Move quickly before incumbents can respond
Question assumptions about 'safe' or 'protected' markets
Example Scenario
“Property management firms traditionally protected by local relationships and regulatory complexity now vulnerable to AI automation of core functions”