How To Make +$1B Out Of Job-Stealing Robots

Let's say that you're in the United States, you could go get an SBA loan, put down 10-15%. So, if you can go get 200 grand, you could buy a 2 million-dollar business that's doing $600k of profit per year.

I think the multiples on membership sites are like five times profit. So, to get to a million, you need need $250k in profit. To get to $250k in profit on a $3000/year service, it could be just you and a part-time employee or one full-time employee.

The better way is to go learn what businesses actually work, how they work, why they work. Go look at 30 to 50. That's like a real-world MBA that you picked up. And then find one of those that you think you could mimic and put your own twist on.

Adding an extra million of revenue to a business that's already working is actually much easier than going from zero to one.

This is a general rule of life ... Create more value than you're trying to take.