Esteban Tala
@estebantala
Joined Sep 1, 2022
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blog.samaltman.com/how-to-be-successful
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outlookzen.com/2021/11/26/would-you-get-blood-on-your-hands-to-save-a-life/
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keepasking.substack.com/p/whats-in-your-skill-stack?utm_source=post-email-title&publication_id=689068&post_id=142687592&utm_campaign=email-post-title&isFreemail=true&r=1ntemk&triedRedirect=true&utm_medium=email
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kk.org/thetechnium/1000-true-fans/
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jsomers.net/blog/more-people-should-write
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boz.com/articles/advice-not-permission
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fs.blog/brain-food/february-25-2024/
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bakadesuyo.com/2024/01/maximize-happiness/?ref=refind
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collabfund.com/blog/a-few-thoughts-on-spending-money/?ref=refind
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tomgreene.com/blog/o5tb3yyr6q5icgo9ja99ryxf8fk8up
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www.racket.news/p/report-on-the-censorship-industrial-74b
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dailystoic.com/dont-get-even-get-justice/
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phys.org/news/2023-12-truthfulness-fake-news-online-chances.html
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nesslabs.com/science-of-motivation?ref=refind
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fs.blog/amateurs-professionals/
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www.lennysnewsletter.com/p/500000?utm_source=www.newsletteroperator.com&utm_medium=referral&utm_campaign=the-fastest-way-to-reach-10k-per-month-in-revenue
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psyche.co/ideas/philosophy-is-like-athletics-theory-must-be-put-into-practice
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miketaylor.beehiiv.com/p/friday-finds-learning-science-expert-generalists-knowingness-problem
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dailystoic.com/youll-never-get-your-pound-of-flesh/
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substack.com/home/post/p-142377541?source=queue
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collabfund.com/blog/rare-skills/
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Here’s how the math works. You need to meet two criteria. First, you have to create enough each year that you can earn, on average, $100 profit from each true fan. That is easier to do in some arts and businesses than others, but it is a good creative challenge in every area because it is always easier and better to give your existing customers more, than it is to find new fans.
Second, you must have a direct relationship with your fans. That is, they must pay you directly. You get to keep all of their support, unlike the small percent of their fees you might get from a music label, publisher, studio, retailer, or other intermediate. If you keep the full $100 of each true fan, then you need only 1,000 of them to earn $100,000 per year. That’s a living for most folks.
The number 1,000 is not absolute. Its significance is in its rough order of magnitude — three orders less than a million. The actual number has to be adjusted for each person. If you are able to only earn $50 per year per true fan, then you need 2,000. (Likewise if you can sell $200 per year, you need only 500 true fans.) Or you may need only $75K per year to live on, so you adjust downward. Or if you are a duet, or have a partner, then you need to multiply by 2 to get 2,000 fans. For a team, you need to multiply further. But the good news is that the increase in the size of your true-fan base is geometric and linear in proportion to the size of the team; if you increase the team by 33% you only need to increase your fan base by 33%.
Another way to calculate the support of a true fan, is to aim to get one day’s wages per year from them. Can you excite or please them sufficient to earn one day’s labor?
Whatever your interests as a creator are, your 1,000 true fans are one click from you. As far as I can tell there is nothing — no product, no idea, no desire — without a fan base on the internet. Every thing made, or thought of, can interest at least one person in a million — it’s a low bar. Yet if even only one out of million people were interested, that’s potentially 7,000 people on the planet. That means that any 1-in-a-million appeal can find 1,000 true fans. The trick is to practically find those fans, or more accurately, to have them find you.
The takeaway: 1,000 true fans is an alternative path to success other than stardom. Instead of trying to reach the narrow and unlikely peaks of platinum bestseller hits, blockbusters, and celebrity status, you can aim for direct connection with a thousand true fans. On your way, no matter how many fans you actually succeed in gaining, you’ll be surrounded not by faddish infatuation, but by genuine and true appreciation. It’s a much saner destiny to hope for. And you are much more likely to actually arrive there.