My First Million
The best business ideas come from noticing what's working and doing it better, faster, or for a different audience.
“all businesses are Loosely functioning disasters some just happen to make money”
What It Means
Every business has significant operational dysfunction - success comes from making money despite the chaos, not from perfect operations
Why It Matters
Sets realistic expectations for business owners and prevents perfectionism paralysis
When It's True
In all businesses with multiple employees, especially growing companies
When It's Risky
When used to excuse poor management or avoid addressing serious problems
How to Apply
Lower expectations for business perfection
Focus on profitability despite dysfunction
Budget time for people problems
Don't be discouraged by operational messiness
Example Scenario
“You acquire a profitable manufacturing business but discover inventory system is chaotic, some employees have personal problems affecting work, and several processes are inefficient - instead of being shocked, you recognize this as normal and focus on maintaining profitability while gradually improving”