81–90 of 224 posts
Taking this to extreme :) 100 True Fans ? try 1 Internet has enabled visibility so you need to only find one true fan who is willing to sponsor you 100,000 per year.
God these guys live in a bubble
" Please don't post shallow dismissals, especially of other people's work. A good critical comment teaches us something. " " Don't be snarky. " https://news.ycombinator.com/newsguidelines.html
Who in the hell is going to pay another individual $1000 a year to make content? That's more than a year's subscriptions to Disney+, Amazon Prime, and Netflix! One of the root ideas in the True Fans essay was a fan would be willing to spend a day's wage for a year's worth of content from a creator. A large portion of the population at large can pay a day's wage for say 52 hours (a creator spitting out and hour of con…
> Who in the hell is going to pay another individual $1000 a year to make content? That's more than a year's subscriptions to Disney+, Amazon Prime, and Netflix! The same people who pay thousands of dollars for self-help seminars and MLM schemes. You're missing why people are buying a product. All of the video streaming services out there combined won't help people get better at love or their career. That's why they'…
I’m not sure I’d pay that for an online trainer but if there are probably things a step or two away from workouts where I would pay for an internet mitigated version.
But that’s not being a fan, that’s buying a service.
The "passion economy" is flooding the Internet with low SNR material and making it harder and harder to get to high quality information. Creators create not to meet some sort of quota or "monetize" but because they need to create. It's the same for artists. True art exists because it has to come out no matter what. Monetization doesn't come into it at all. This is an important point that the passion economy vultures…
The idea that everything has to be about the hustle is toxic and entirely insane.
Earlier quoted context omitted.
Everybody should think deeply about ethics and act morally. Exploiting human beings is not okay. But the idea of "whales" is nearly universal in all lines of business, and there's nothing unethical about it unless your business is already operating in some kind of ethical gray area. If you are lucky enough to have customers at all, you will have some that spend 10x or 100x as others. The most obvious example would be…
Your examples aren't really of whales, because there's an upper limit on how much food/clothes you can get. The whale term was invented by casinos wasn't it? Where there's no upper limit to how much you can lose.
There is no upper limit on the amount you can pay.
1. The article shows a pyramid and it's important. In order to get a few "true fans" (people prepared to pay dearly for what you produce), you need a large amount of "distant fans" (people who like what you do, as long as it's free). The key word is conversion , and, regrettably, it's not present once in the post [0]. It's probably in the 1 to 0.1% range. [0] Edit: In fact it is (convert). However in the next paragra…
1. The article shows a pyramid and it's important. In order to get a few "true fans" (people prepared to pay dearly for what you produce), you need a large amount of "distant fans" (people who like what you do, as long as it's free). The key word is conversion , and, regrettably, it's not present once in the post [0]. It's probably in the 1 to 0.1% range. [0] Edit: In fact it is (convert). However in the next paragra…
Who in the hell is going to pay another individual $1000 a year to make content? That's more than a year's subscriptions to Disney+, Amazon Prime, and Netflix! One of the root ideas in the True Fans essay was a fan would be willing to spend a day's wage for a year's worth of content from a creator. A large portion of the population at large can pay a day's wage for say 52 hours (a creator spitting out and hour of con…
But you know, $1000 a year is only $84/mo, which is less than $4 per day. It's the price of a fancy starbucks coffee probably.
1. The article shows a pyramid and it's important. In order to get a few "true fans" (people prepared to pay dearly for what you produce), you need a large amount of "distant fans" (people who like what you do, as long as it's free). The key word is conversion , and, regrettably, it's not present once in the post [0]. It's probably in the 1 to 0.1% range. [0] Edit: In fact it is (convert). However in the next paragra…
What is "Goop"?
1. The article shows a pyramid and it's important. In order to get a few "true fans" (people prepared to pay dearly for what you produce), you need a large amount of "distant fans" (people who like what you do, as long as it's free). The key word is conversion , and, regrettably, it's not present once in the post [0]. It's probably in the 1 to 0.1% range. [0] Edit: In fact it is (convert). However in the next paragra…
What is "Goop"?