2min chapter

Tropical MBA: Entrepreneurship & Founder Lifestyle cover image

TMBA 689: Re-visiting Our Conversation with Seth Godin

Tropical MBA: Entrepreneurship & Founder Lifestyle

CHAPTER

How to Scale a Thousand True Fans Business Model?

The idea is basically, if you can get 1000 true fans to pay you $100 every year to support your art or his business, well, then you can make $100,000 a year and that's sustainable. In my experience, it always goes wrong exactly the same way. They say, now how do I get 10,000 fans? And they start asking people who aren't qualified to be a true fan,. So then they start dumbing it down and averaging it out and cheapening it up so they can get another zero. The next circle may very well work and you might end up with 10,000. But the circle after that, it's really, really rare that

00:00

Get the Snipd
podcast app

Unlock the knowledge in podcasts with the podcast player of the future.
App store bannerPlay store banner

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode

Save any
moment

Hear something you like? Tap your headphones to save it with AI-generated key takeaways

Share
& Export

Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode