You may disapprove of Sun Yuchen's marketing and mock his eating style.
But one must admit that when it comes to making money, he is an absolute top hunter.
How can ordinary people earn their first 10 million in life?
Sun Yuchen provides a set of standards, and I looked at it; the logic is extremely hardcore.
Whether it's AI, Web3, or going global, they all perfectly align with this '10 million law'.
If you are still stubbornly working in traditional industries, it is advisable to stop and take a look at this 'money-making manual'.
The first standard: You must choose an emerging industry that has not yet experienced a major explosion. It’s not just about finding an obscure track, but rather an industry that hasn’t fully exploded yet, but the trend is already locked in. At this time, even an average individual can be lifted up by the industry dividend.
The second standard: The industry must be able to grow rapidly for a long time. The standard given by Sun Yuchen is: it should be able to grow at a rate of at least 20% per year for 10 consecutive years.
The third standard: The business model must be easily replicable. Simply put: if it can't be replicated, it's very hard to scale up. If it can be standardized, streamlined, and allow others to replicate it following SOP, then you have the opportunity to shift from 'personal profit' to 'system profit'.
The fourth standard: Choose people's essential needs. Essential needs are not just about food, clothing, housing, and transportation, but more about human emotions, desires, and weaknesses: vanity, laziness, greed, social needs, and the desire for recognition... Whoever can find an entry point in these areas will find it easier to generate big business.
The fifth standard: This industry or company must fit you. No matter how good the industry is, if you completely don't understand it or can't do it, then it's someone else's 10 million.
You must at least find a role where you can excel—technology, operations, content, sales, product, branding... there must be at least one area where you can take charge. The essence of making money is not about who moves bricks faster, but who gets on the elevator first.
The core of this theory lies in 'Beta (β) returns': Being in an emerging industry during an explosive period, as the water level rises, even if you lie down, you can be pushed to higher ground.
When choosing a track, first ask yourself three questions: Can it be replicated? Can it be scaled? Can it be sustained? If there is temporarily no better direction, spend more time researching AI + going global + Web3; at least one of these three levers can help ordinary people raise their limits a bit #加密市场观察 .
