4min chapter

Tropical MBA: Entrepreneurship & Founder Lifestyle cover image

Episode 190: TMBA 190 (LBP158) – 1,000 True Fans, 100 True Customers, or 10 True Clients

Tropical MBA: Entrepreneurship & Founder Lifestyle

CHAPTER

Recurring Revenue With 1000 True Clients

A thousand true fans is a great heuristic for finding your target market but it's not the best. A better model would be something like 10 true clients, which are people that would pay you $1,000 for you to generate a desired outcome. So an example of that would be, like I could run a program that would say I can help you build an online business because I've done it.

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