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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if the opposite of your strategy is stupid, then it's not a strategy
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What It Means

Real strategies involve trade-offs that competitors wouldn't make, not just best practices everyone agrees with

Why It Matters

Distinguishes between operational excellence and true strategic differentiation

When It's True

When evaluating competitive positioning and strategic decisions

When It's Risky

If taken too literally without considering nuanced market dynamics

How to Apply

1

Test proposed strategies by articulating their opposites

2

Look for trade-offs that competitors won't make

3

Avoid strategies that are just table stakes

Example Scenario

Instead of claiming 'best customer service' (opposite is stupid), choose 'instant response at premium prices' (competitors might choose slower/cheaper)