How do footballers make money? How do singers make money? What do footballers and singers have to do with micro SaaS? In this article, we will think about it.
How Do Footballers Make Money?
Have you ever wondered? What‘s a footballer’s source of money? We know a lot of footballers. Messi, Ronaldo… These people are talented, but that doesn’t mean they have money. It does not mean that everyone who is talented makes money. So what’s the reason for that?
Who pays Messi? The team he’s on pays him, right? So how does this team get so much money? Can I reach this money when I set up a football team? The answer is no! So what is the reason for this?
Now let’s think by adding singers to our questions.
How Do Singers Make Money?
Singers can earn money earlier than footballers. While a footballer necessarily needs a team to make money, a singer can go alone.
Think, regularly think, and dig deeper.
A singer sings. Where does a singer sing?
- Can perform in a venue.
- Can sing on the street.
- Can make a new song and sell it.
Psychological Reasons Behind Footballers Making Money
The source of money for footballers is the teams. The source of money for the teams is the fans. Fans can buy the team’s products because they favor the team—Jerseys, hats, etc. Teams also attracted the attention of brands because they had a large fan base. Brands can sponsor teams to promote their products. Apart from this, fans go to the football pitch/arena to watch the matches. It is broadcast on TV. It is shared on social media. I will come to the subject of Micro SaaS, please be patient.
The main point here is the number of fans. Teams with many fans earn a lot of money. Now the question to be asked is:
Why Do Fans Support Teams?
They love from the heart. They love like crazy. Why? Why an emotional bond? Because of a sense of belonging. Identity, sense of belonging, loyalty, memories, experiences, enthusiasm, excitement, herd psychology. It’s a lot of emotions.
Now imagine. There’s a football match and what do you do? You watch, right? Watch! And while watching, you can get excited or sad depending on the situation. For example, you scored a goal and beat the other team. You are super happy. You’re jumping for joy. BAM you fell. 🙂 It can happen, can’t it? Most people make ridiculous movements while experiencing their excitement. There are even those who break a television set out of joy. 🙂 Then what do you do? The next day you tell me that you broke the television. People tell their friends. Each time the joy of the taratar expands.
Now, while you are absorbing this, let’s start thinking about the singers’ side.
Psychological Reasons Behind Singers Making Money
The main source of income for singers is the fans like footballers. The more fans, i.e. listeners, the more money they earn. They listen to their music over and over again. Emotional bonds are established with many songs. He listens to another song in love pain. Another song when he feels free. They accumulate many memories. This emotional attachment becomes so much that one day when that singer organises a concert, they go to that concert just to remember those memories.
Here, the singer takes a certain part of the entrance fee. For example, let’s say the singer takes 40%. If 1,000 people come and pay $10 each. $40,000 is earned that night. 40 percent is $16.000. He earns $16.000 in one night. Imagine the daily earnings for a touring artist. And it doesn’t have to be $10. Maybe he’ll be so niche that he can charge higher fees. Like $70. 1,000 people will earn $70,000.
What both footballers and singers and therefore micro SaaS have in common is compound interest.
What is Compound Interest?
Compound interest is the method of trading with the principal and then adding the interest from each transaction back to the principal. For example, if you invest $10 in the stock market and earn $15, you get a 66% growth. If you get a 66% growth by starting with $15 instead of starting with $10 next time, you will earn $24,99. Now if you trade with the principal again, if you make a 66% growth again, it always grows. It always grows more and more.
Why Do Footballers and Singers Earn a Lot of Money?
The artifacts they create don’t die! It’s not a one-off. They create emotional bonds with people. And each work becomes more valuable with the increase of the consumer mass of people. And while the new works created next to each work enlarge the old works, they also enlarge the artist.
The works of footballers are their performances in the stadium. Their behaviors and words in the magazine. Their roles in different projects. The same goes for singers. It is a complete branding.
What are We to Make of This? (Micro SaaS)
When you make a product, you must produce content. You should share the production processes of the product. You have to get in front of your fans/listeners. And you have to be in constant contact with them. This causes an emotional bond between the two of you. At the same time, content creates compound interest. It adds value where it is, and as the number of content increases day by day, the value of previous content will increase. At the same time, the value of your brand will increase. Naturally, the value of your value will increase. Increase the emotional bond even more by organizing events. Make mug cups and t-shirts. In this way, they will love your product with a great emotional bond. When it comes to micro SaaS, you should think abnormally, not normally. 🙂 A B2B content marketing strategy works the same way.
I took a picture while writing this article. 🙂
Micro SaaS Art emotional bond:
Content is king! If you have Micro SaaS, you must produce content! For example, you are reading this blog right now. This increases the value of this blog, past content, me, and my products. I am currently developing a product called NotionPlus.dev. I share my learnings here.
Compound interest! You need to increase your fan base and build a good relationship with your existing fans. How to make extra money from home? All of these can be done at home.
I’m currently producing content on my YouTube Turkish channel. I’m practicing there. Then I’ll produce content for NotionPlus. I’m in the content production period of my life right now. Choose a marketing channel. You can choose content marketing like me. And while doing it, make the most of it by doing it right! 🙂 “Taşı sıkarak suyunu çıkarın” (Squeeze the stone to extract the water) (Making the most of it) is a Turkish idiom. The meaning is that achieve even the impossible. The stone has no water! But it is to do this by doing it in all ways. Try all content ways, try all kinds of topics. So “tasi sikarak suyunu cikartin” of it! But you should not reduce the quality while doing this!