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 need to feel like I'm being chased by a bear
motivationurgencybootstrapping

What It Means

Maintaining intense pressure and urgency is sometimes necessary for maximum performance and focus

Why It Matters

Reveals how removing pressure through early funding can reduce the drive needed for breakthrough success

When It's True

For entrepreneurs who perform best under pressure and have sufficient resources to reach key milestones

When It's Risky

When pressure leads to poor decision-making or when the entrepreneur lacks basic resources for survival

How to Apply

1

Assess whether you perform better with or without pressure

2

Only take investment when you have specific growth plans

3

Maintain artificial pressure even with resources

Example Scenario

A founder with 8 months of runway considers taking investment for 'safety' but realizes the pressure is driving their best work and waits until they need capital for expansion.