Canonical · Startup Fundamentals · Essay
1,000 True Fans
Kevin Kelly · 2008
"A creator needs only 1,000 true fans paying ~$100/year to make a living; the long tail enables niche businesses."
You don't need to be a mass-market hit to make a good living as a creator or a small niche business. Kelly's math: if you have 1,000 people who are true fans — meaning they'll buy essentially anything you produce — and each one spends roughly $100 a year with you, that's $100,000 a year, enough to sustain a creator or a small operation directly, with no label, publisher, or platform gatekeeper required in between.
Read more about the topic
Up NextSuggested: Continues the theme of Startup Fundamentals
Invisible Asymptotes
"Every growth curve has an invisible ceiling; great companies identify and route around theirs before hitting it."
Eugene Wei · EssayContinue→