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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Where is world going in 10 years
strategytrendslong-term

What It Means

Successful venture building requires betting on long-term trends rather than immediate market opportunities

Why It Matters

Distinguishes venture-scale opportunities from lifestyle businesses and explains why patient capital wins

When It's True

For technology and platform businesses that require years to build and scale

When It's Risky

For service businesses, when market timing is critical, or when trends are unpredictable

How to Apply

1

Identify demographic, technological, and regulatory trends with 10+ year timelines

2

Build solutions for future market rather than current market

3

Accept early losses for long-term market positioning

Example Scenario

Betting on psychedelics legalization or unstructured data (MongoDB) years before market acceptance