My First Million
The best business ideas come from noticing what's working and doing it better, faster, or for a different audience.
Creator Economy Replacing Traditional Media
Timeframe: Already happening for under-25 audience, will expand to older demographics within 5-10 years
What's Changing
Individual creators are gaining cultural influence that previously belonged to traditional media companies (Hollywood, TV networks, publishers)
Driving Forces
Better economics for creators (100% ownership vs. employment)
Superior distribution through social platforms vs. gatekeepers
Complete creative freedom vs. corporate restrictions
Direct audience relationships vs. intermediated
Real-time feedback and iteration vs. long production cycles
Winners
- YouTube creators with strong personal brands
- Newsletter writers and substackers
- Podcast hosts with loyal audiences
- TikTok and short-form content creators
- Creator economy tool providers
Losers
- Traditional Hollywood studios and networks
- Newspaper and magazine publishers
- Cable TV providers
- Traditional book publishers
- Talent agencies and gatekeeping institutions
How to Position Yourself
Build direct audience relationships on owned platforms
Focus on niche expertise rather than broad appeal
Develop multiple content formats and revenue streams
Prioritize audience engagement over vanity metrics
Create systems for consistent content production
Early Signals to Watch
Example Implementation
“Instead of pitching a book to publishers, build audience through newsletter and YouTube, then self-publish or get better publishing deals due to proven audience”