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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Geographic Arbitrage

Move to major city for career acceleration

Why It Works

Concentration of opportunities, network effects, higher salaries, competitive environment raises your game

Prerequisites

No major personal tiesSavings for higher cost of livingMarketable skillsAge under 30 ideally

How to Execute

1

Choose biggest city in your country, or global hub for your industry

2

Accept higher costs as investment in career acceleration

3

Focus on building network and skills while there

4

Plan exit strategy once you have kids or other priorities change

When It Fails

When personal costs (relationships, mental health) outweigh career benefits, or when you don't actually leverage the opportunities available

Real Example

22-year-old moves from Columbus to NYC, takes lower net pay due to rent but gains access to better jobs and network that results in 3x salary increase within 5 years.