21. $10 for 1 person — powerful niches
One thing that struck me in ‘The Four Hour Workweek’ (by Tim Ferris) is the seeming simplicity (and eventual difficulty) in creating something that is worth $100. It got me thinking: If I wanted to make $1,000 extra per month, what can I do that I would also enjoy doing?
I really like writing (sharing my stupid theories), curating content, reading, and speaking with people about interesting things (anything but small talk). What can I create through my interests that one would pay $10 per month for? The world is big enough and connected enough that there is hardly ever a universe of 1. So I am confident that if I create something valuable, there would be at least 100 people subscribing to it per month, helping me achieve my $1,000 p.m. target.
Still grappling with this, but just thought I’d get you thinking about what you can create that someone would pay $10 per month for.
