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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What It Means

Choose opportunities where your unique background and skills give you unfair advantages over competitors

Why It Matters

Dramatically increases probability of success by leveraging authentic strengths rather than competing on equal footing

When It's True

When you have genuine expertise, experience, or passion that others lack in a specific market

When It's Risky

When overestimating your advantages or when markets change faster than your advantages remain relevant

How to Apply

1

Audit your unique experiences and connections

2

Identify markets where these create competitive advantages

3

Choose opportunities with the best fit

Example Scenario

A former military officer starts a security consulting firm rather than a general business consultancy because their background provides credibility competitors can't match.