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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I know nothing about deodorant today but in 6 months I'll know everything
learningconfidenceentrepreneurship

What It Means

Domain expertise can be rapidly acquired through focused effort and commitment

Why It Matters

Removes excuse of unfamiliarity from preventing business opportunities

When It's True

When you're willing to commit intensive effort and have access to learning resources

When It's Risky

In highly technical domains requiring years of experience or when overconfident

How to Apply

1

Set 6-month learning goals when entering new industries

2

Commit fully to understanding domain before starting

3

Use as confidence booster when facing unfamiliar opportunities

Example Scenario

Entrepreneur considering food business despite no food industry experience commits to learning supply chain, regulations, and market dynamics within 6 months.