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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Professional Networks
Insider Information Sharing
Why It Works
Professionals pay premium for information asymmetry and early access to trends/data
Prerequisites
Access to non-public informationCredible reputationAudience that values insider knowledge
How to Execute
1
Consistently share valuable non-public information
2
Build reputation for accuracy and exclusivity
3
Create scarcity around information access
4
Monetize through consulting or premium content
When It Fails
When information becomes public quickly or accuracy is questioned
Real Example
“Arthur Rock Twitter account shares private company metrics, building massive following that could be monetized through consulting or premium research.”