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've never met someone who has such faith in the process
mindsetprocessfaith

What It Means

An demonstrates unusual ability to commit to and execute strategies despite emotional discomfort or uncertainty

Why It Matters

Most entrepreneurs fail by abandoning viable strategies during normal variance periods rather than sticking to researched plans

When It's True

When you have done thorough research and established clear success criteria before starting

When It's Risky

When fundamental market conditions have changed or when initial assumptions prove incorrect

How to Apply

1

Establish clear timeline and milestones before starting any major strategy

2

Separate emotional responses from logical evaluation during difficult periods

3

Create accountability systems to maintain discipline during variance

Example Scenario

An risked half her net worth on real estate development but stuck to her research-based plan despite emotional stress, ultimately doubling her investment