My First Million

3 Patterns for Great Business Ideas with Jack Abraham, Founder, Managing Partner & CEO at Atomic

59 snips
Oct 7, 2021
Jack Abraham, the Founder and CEO at Atomic, shares his insights on crafting successful business ideas. He reveals the secret to startup studio success and explains why he’s ditched traditional brainstorming sessions. Jack introduces the Jenga Law of time management, emphasizing impactful hour-long commitments. He discusses innovative problem-solving methods and shares exciting yet deferred business ideas. The conversation also dives into the future of crypto and the value of focusing efforts for maximum success.
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ANECDOTE

Jack's Early Studio Idea

  • Jack Abraham visited Shaan Puri's office to discuss his startup studio idea.
  • Shaan was impressed by Jack's insightful questions and predicted his success.
INSIGHT

Problem-Focused Approach

  • Atomic avoids brainstorming sessions, focusing on observed problems instead of contrived solutions.
  • They find opportunities to improve existing processes rather than inventing entirely new concepts.
ANECDOTE

Early Exposure to Entrepreneurship

  • Jack's father, an immigrant who built Comscore, inspired his entrepreneurial journey.
  • Starting at 12, Jack learned to code and gained valuable experience, shaping his problem-solving mindset.
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