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by ryanjm33 2329 days ago
s/fan/customer

I feel like the comments here cover the main issues with this article. I kept flip-flopping between appreciating the article and disagreeing with it. The two main issues I have with it are:

1. $1000/year to provide value is a business, not a "passion" in the true sense. 2. Highlighting the outliers of a given platform discredits the concept as something that many people can achieve.

"These fans expect to derive meaningful value and purpose from the product." - yes, that would be a business transaction.

This article could be rewritten to say that if you want to create a life-style business, make sure to generate enough value for someone (or a business) that they would be willing to pay $1000/year for your product. This will make profitability/success much easier.

Yes, the original author of 1,000 True Fans retracted his original views after hearing from musicians, but the general concept/framework doesn't seem to be broken even if the numbers have to be adjusted. The main idea is that you don't need millions of people paying you $1 to have success.

1 comments

I understand what you're getting at but I think the relationship with a 'creator' or artist feels much more personal than that of a business. There's more to this than a simple repeating customer/business transaction.