1k True Fans (2008)

Post by actionablefiber » Sun, Dec 25, 2022, 10:46 PM UTC

ugjka wrote: post #13

coldtea wrote: post #11

This idea reminds me of something I've read on some old blog post about enterpreneurship. So, the guys starting the company were excited, because they said "We know the odds are small, but we don't need much, if just 1 in 1000 buys our product we're rich, as that's like 350K people in the US. And how difficult would be to get 1 in 1000 to buy our stuff with a little marketing? It's a great product anyway! Heck, if ju…

If you read their definition of a true fan they sound like borderline insane >A true fan is defined as a fan that will buy anything you produce. These diehard fans will drive 200 miles to see you sing; they will buy the hardback and paperback and audible versions of your book; they will purchase your next figurine sight unseen; they will pay for the “best-of” DVD version of your free youtube channel; they will come t…

Post by throwaway98797 » Sun, Dec 25, 2022, 10:49 PM UTC

ugjka wrote: post #13

coldtea wrote: post #11

This idea reminds me of something I've read on some old blog post about enterpreneurship. So, the guys starting the company were excited, because they said "We know the odds are small, but we don't need much, if just 1 in 1000 buys our product we're rich, as that's like 350K people in the US. And how difficult would be to get 1 in 1000 to buy our stuff with a little marketing? It's a great product anyway! Heck, if ju…

If you read their definition of a true fan they sound like borderline insane >A true fan is defined as a fan that will buy anything you produce. These diehard fans will drive 200 miles to see you sing; they will buy the hardback and paperback and audible versions of your book; they will purchase your next figurine sight unseen; they will pay for the “best-of” DVD version of your free youtube channel; they will come t…

Post by essayist » Sun, Dec 25, 2022, 10:54 PM UTC

coldtea wrote: post #11

This idea reminds me of something I've read on some old blog post about enterpreneurship. So, the guys starting the company were excited, because they said "We know the odds are small, but we don't need much, if just 1 in 1000 buys our product we're rich, as that's like 350K people in the US. And how difficult would be to get 1 in 1000 to buy our stuff with a little marketing? It's a great product anyway! Heck, if ju…

  The truth is that cultivating a thousand true fans is time consuming, sometimes nerve racking, and not for everyone. Done well (and why not do it well?) it can become another full-time job. At best it will be a consuming and challenging part-time task that requires ongoing skills.

Post by gumboza » Sun, Dec 25, 2022, 11:07 PM UTC

grepLeigh wrote: post #16

1,000 true fans is an essay about a thousand die-hard fans paying a content creator $100/year, which comes out to 100k before taxes and expenses. I'd argue that if you're smart enough to be reading this website, you're smart enough to create and sell a piece of software to 10 businesses. If you can add 2% of revenue/quarter or save 5-10% of an expense, you can name your price (as long as it's below the amount of reve…

Post by grepLeigh » Sun, Dec 25, 2022, 11:11 PM UTC

rafale wrote: post #17

grepLeigh wrote: post #16

1,000 true fans is an essay about a thousand die-hard fans paying a content creator $100/year, which comes out to 100k before taxes and expenses. I'd argue that if you're smart enough to be reading this website, you're smart enough to create and sell a piece of software to 10 businesses. If you can add 2% of revenue/quarter or save 5-10% of an expense, you can name your price (as long as it's below the amount of reve…

> I'd argue that if you're smart enough to be reading this website... I would agree that the average IQ (or potential in general) of the HN readers is more than that of the general population, but I disagree there is any minimum threshold here in any capacity that warrant your statement. Many readers here can't code at all, or couldn't learn to well enough to build and market software.