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If I Had To Make $1 Billion... Here’s The Business I Would Start

From My First Million · Published Jul 4, 2024 · Watch on YouTube

TL;DR

The hosts outline two concrete strategies: to make $1M, use business brokerages (like Quiet Light) to reverse-engineer successful businesses or buy one with an SBA loan, or start a niche membership community charging ~$3k/year to 100 customers. To make $1B, they recommend building purpose-built robots (e.g.

Key insights

  • The "me also" strategy: copy a proven business model with a slight twist rather than inventing something new.
  • Buying an existing business (e.g., via SBA loan with 10–15% down) is often easier than starting from zero because going from $1.8M to $3.1M revenue is much simpler than going from $0 to $1.8M.
  • A QSBS advisory firm (qualified small business stock) can charge $10k–$15k per attestation letter; with only 30 customers per year at $10k each, you reach $300k profit (enough to sell the business for

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