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- š± New business model (from my favorite independent rapper)
š± New business model (from my favorite independent rapper)
Independent rapper. Segalās law. Michelangelo.
Hereās your 3 goodies in 3 minutes.Ā
š» Independent Bars
Mike is my most streamed artist on Spotify.Ā
But more than his music (he has bangers) I love his business savvy.Ā
Heās fully independent, so owns everything he makes. Aka bootstrapped entrepreneur.Ā
10k people pay him $10 a month for his community = $100kĀ
For zero extra work, he 3xād his music revenue.Ā
Best part is how this gives him FEEDBACK.Ā
He treats music how Silicon Valley startups treat software... get customer feedback to improve the product.Ā
Iām in his paid community and see the evolution.Ā
Ex: his version of an A/B test:
So he creates the best possible product using direct feedback from his most enthusiastic fans.Ā
The song "put me in the ground" started as a poll in his community and then made it on the album.Ā
Therefore it's not surprising he drops bangers people love. š„
Check out my full breakdown post here.Ā
āĀ Segals Law
Thereās an old adage:
āA man with a watch knows what time it is. A man with two watches is never sure.ā
Itās called Segalās Law, which emphasizes information from a single source and the pitfalls of too much information.Ā
The same applies to our daily priorities.Ā
Which is why I love the āFocusing Questionā from the book The ONE Thing:
āWhatās the one thing I can do such that by doing it everything else will be easier or unnecessary?ā
š§āšĀ Work It
It took me a long time to understand this truth:Ā
āIf you knew how much work went into it, you would not call it genius.ā Ā
The goal isnāt to avoid hard work.Ā
The goal is to put in the work toward relevant skills that get us excited to progress.Ā
In the words of Missy Misdemeanor Elliot work it.Ā Ā
Salud,Ā
Mitchell