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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Power User Referral Networks

Target ultra-high-volume email users who have strong professional networks

Why It Works

Power users have similar peers who face identical problems and trust referrals from people in similar situations

Prerequisites

Product that delivers measurable time savingsPremium pricing model that signals qualityUser base that actively discusses productivity tools

How to Execute

1

Identify specific power user segments (VCs, executives, consultants)

2

Build product features that create visible status/efficiency gains

3

Create referral incentives that align with professional reputation

4

Focus on quality over quantity in early user acquisition

When It Fails

When product doesn't deliver obvious benefits or when target users don't have strong referral networks

Real Example

Email AI tool targets VCs who process 500+ daily emails, creating visible efficiency that gets discussed in VC networks