My First Million
The best business ideas come from noticing what's working and doing it better, faster, or for a different audience.
If all wealth were redistributed equally, most currently rich people would become rich again within 10 years
The Reasoning
Wealth building is a learnable skill set involving mindset, habits, and decision-making patterns that persist regardless of starting capital
What Needs to Be True
- Wealth creation skills are transferable across contexts
- Market opportunities remain available to all
- Personal habits and mindset drive outcomes more than initial conditions
Counterargument
Systemic advantages, connections, and access to opportunities give unfair advantages that can't be replicated
What Would Change This View
Data showing that lottery winners or inheritance recipients maintain wealth at same rates as self-made wealthy
Implications for Builders
Focus on developing wealth-building skills rather than just seeking capital
Study the habits and decision patterns of successful people
Understand that starting capital matters less than skill development
Example Application
“Instead of focusing solely on raising investment capital, spend equal time developing skills in market analysis, relationship building, and opportunity recognition”