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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big results typically come from one thing
focusstrategywealth_building

What It Means

Massive wealth and success usually result from exceptional execution in a single area rather than diversification

Why It Matters

Contradicts conventional wisdom about diversification and explains why focus is critical for breakthrough success

When It's True

In early stages of wealth building and when you haven't yet achieved product-market fit in your primary area

When It's Risky

When you have already achieved massive success and have excess resources to deploy strategically

How to Apply

1

Choose primary focus carefully

2

Resist urge to start multiple projects simultaneously

3

Ask 'will I wish I stuck with this in 10 years?'

Example Scenario

Focus solely on SaaS product until $10M ARR instead of also starting consulting and real estate ventures