The apparent limitation of the ad-supported media business model is that there will never be enough traffic to satisfy the beast. But while subscription revenue is stickier and gives creators more runway and short-term security, eventually the flame that started any new project will be extinguished. A new muse will need to be found.
This one sounds ambitious, but I've seen several people go through the process of this now, and while it takes some upfront investment (a couple $1,000s) and a bit of courage to do something physical, it's also a pretty safe way to make a return.
Collectives don't scale. In most successful collectives, you have an anchor group composed of less than a dozen people who are super engaged. When you compare collectives to other social structures like communities, vertical social networks and social networks, you understand that collectives are trading numbers for engagement. If a collective... See more
American culture in particular has instilled in us the bizarre notion that to ask for help amounts to an admission of failure. But some of the most powerful, successful, admired people in the world seem, to me, to have something in common: they ask constantly, creatively, compassionately, and gracefully. And to be sure: when you ask, there’s always... See more