My First Million
The best business ideas come from noticing what's working and doing it better, faster, or for a different audience.
Growing Gap Between Earning Power and Decision-Making Wisdom
Timeframe: Accelerating trend over next decade as entrepreneurship continues to democratize
What's Changing
Young entrepreneurs are achieving significant financial success faster than they develop the wisdom and judgment to make optimal life decisions with that wealth.
Driving Forces
Technology enabling faster business scaling
Venture capital creating earlier liquidity events
Social media amplifying young entrepreneur success
Educational systems not teaching practical wisdom
Winners
- Executive coaches specializing in young wealthy individuals
- Peer mentorship networks and communities
- Decision-making frameworks and tools
- Life design and prioritization services
Losers
- Traditional financial advisors focused only on money management
- Generic life coaching without wealth context
- One-size-fits-all business advice
How to Position Yourself
Focus on holistic life optimization beyond just money
Create peer learning environments with similar-aged successful people
Teach decision-making frameworks and prioritization
Address the unique psychology of sudden wealth
Early Signals to Watch
Example Implementation
“Create mastermind groups specifically for entrepreneurs under 35 who achieved 8-figure exits, focusing on life design and decision-making rather than just business growth.”