The Tim Ferriss Show cover image

#669: Kevin Kelly — Excellent Advice for Living

The Tim Ferriss Show

00:00

Building a Lifestyle Business with '1000 True Fans', One By One.

The assumption that success means hitting it big and achieving large-scale numbers dismisses the concept of lifestyle businesses. The idea of a more modest-sized scale being successful is now viable due to technology. Evidence of indigenous organic growth from nothing was initially lacking, but now people are finding success by building their own audience. The benefit of the '1000 True Fans' concept is that even if your interests are unique, there are still potentially a thousand people on the planet who will share your interests. Interacting with fans can be time-consuming and not suitable for everyone, but having a core group of true fans can support and help you. It's a good place to start, even if you have larger goals. Focusing on acquiring customers one by one and ensuring their satisfaction is a powerful strategy. If some of your true fans become your marketing forces, growth can multiply quickly.

Transcript
Play full episode

Remember Everything You Learn from Podcasts

Save insights instantly, chat with episodes, and build lasting knowledge - all powered by AI.
App store bannerPlay store banner