Oct. 28th, 2008

[identity profile] ysabetwordsmith.livejournal.com
Here is a (rather vulgar, in places) discussion of the "1000 True Fans" model.

I don't think it's necessary to have that many fans contributing that that level to enjoy success. I could live quite comfortably on a quarter of that. Finding 1000 people to give me $25 per year? Maybe not impossible.

So forget the original numbers. To get some use out of this theory, ask yourself: how much would you need to live on comfortably? How much would 1000 people each have to donate to you in order to reach that? Conversely, how many people would each have to donate $100 per year? Do either of those options seem achievable?

Discuss.
[identity profile] ysabetwordsmith.livejournal.com
Here is Part 11: 1,000 True Fans. (It references a famous, if widely challenged, article about cyberfunded creativity.) The main discussion in this installment is how to attract and maintain an avid fan base, something useful for most creative endeavors.

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Crowdfunding: Connecting Creators and Patrons

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