My First Million
The best business ideas come from noticing what's working and doing it better, faster, or for a different audience.
Organizations adopting non-financial success metrics as primary measures
Timeframe: Early adoption phase now, mainstream adoption in 5-10 years
What's Changing
Companies and countries are moving beyond purely financial metrics to measure success, following Bhutan's Gross National Happiness model
Driving Forces
Recognition that financial success doesn't guarantee sustainability
Employee wellbeing becoming critical for retention
ESG requirements pushing beyond profit metrics
Mental health awareness creating demand for happiness measurement
Winners
- Consulting firms specializing in alternative metrics
- Software companies building measurement platforms
- Organizations that implement balanced measurement early
- Leaders who can optimize for multiple metrics simultaneously
Losers
- Traditional consulting focused only on financial metrics
- Organizations that resist measuring employee wellbeing
- Leaders who can only optimize single metrics
How to Position Yourself
Develop expertise in non-financial measurement systems
Create technology platforms for tracking alternative metrics
Build consulting practices around balanced scorecard approaches
Partner with HR technology companies to integrate wellbeing metrics
Early Signals to Watch
Example Implementation
“Fortune 500 company implements employee happiness scoring system alongside financial metrics, sees improved retention and productivity”