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> In business theres a term called “Total Adressable Market,” or TAM. This is basically everyone in the world who could buy a product in a given category. What’
by jncfhnb 3y ago
> In business theres a term called “Total Adressable Market,” or TAM. This is basically everyone in the world who could buy a product in a given category.
What’s the TAM for a product like fishing rods? Well, that would be everyone in the world who likes fishing...
> The reason we mention this is because when Pablo first started selling his art online, he created all his posts strictly in Spanish - his native language.
Over time, he felt that this was limiting him, so he started making posts in both English and Spanish, and then eventually just English.
The bit about cutting out Spanish entirely suggests this is not a lesson in maximizing one’s TAM
- tsunamifury 3y agoTAM vs ROI is a thing… obviously.
- choilive 3y agoYeah, it's more like min-max'ing your TAM. Minimize effort in areas that don't have any return and maximize the areas that do. Business 101.
- paulcole 3y agoYC startup idea: AI generated-articles designed to give computer programmers dopamine hits when they get to correct a small error/issue/discrepancy. Like Zyns but distracting. Maybe it’s like a reward. Fix a tough bug and your manager sends you an article where you get to point out that the author is incorrectly using “strawman fallacy.”
- jncfhnb 3y agoYou could probably get a better ROI offering opportunities to make snarky, condescending comments
- paulcole 3y agoGo through my comment history lol. I’ve been giving it away for years!
- fragmede 3y agoZyns?
- margalabargala 3y agohttps://en.wikipedia.org/wiki/Zyn_(nicotine_pouches) https://en.wikipedia.org/wiki/Zyn_(nicotine_pouches)
- fragmede 3y agoThanks. That's what I found via Google but I don't use them so I wasn't sure of the connection and that it wasn't some app or library that the kids are using these days that I hadn't heard about.
- margalabargala 3y agoNah, just a physical item representation of "single serving thing that makes the happy neurotransmitters"
- margalabargala 3y agoThis is basically the idea behind various word puzzles. See: https://www.nytimes.com/crosswords https://www.nytimes.com/crosswords
- paulcole 3y agoGreat point. Sudoku is one of my favorites in the word puzzle genre.
- cmgriffing 3y agoI had one interesting thought while reading that section. It seems that a lot of effort has been put into tooling for translating to and from English. It's probably much more effort invested than for other languages, so by using English he actually is increasing his TAM because the translation tools are better adapted to many other languages from English.
- Dalewyn 3y agoOr to put it another way: Spanish can understand English. English can't understand Spanish. Speaking English you can communicate with English and Spanish without also speaking Spanish, kill two birds with one stone. The virtues of a lingua franca.
- aleph_minus_one 3y ago> Spanish can understand English. > English can't understand Spanish. Many Spanish-speaking people are bad at English.
- renewiltord 3y agoFunny how dominant languages of the past have died but now the lingua angla feels forever. I wonder if that's how it feels to be at the height of some culture's age: it feels immortal. Then it falls and is only remembered as the past: either as humorous, or as sophisticated, but not meant for normal use. We shall cement this one by creating AIs in the American image.
- coldtea 3y agoThe Roman Empire seemed forever for those living within it too!
- wddkcs 3y agoThat cement will always crumble, but the next empire will probably be built with it's pieces. It's no accident that the current global language is a derivative of the last 'worldwide' language, Latin, which itself flourished from its relationship to Alexander's Greece, a language which stole its alphabet from the semitic empires. Nothing new under the sun.
- declarethroway 3y agoDual language adds clutter. We are in the age of short attention spans. The part you quoted is just below the Remove as much friction from the buying process as possible one. And from personal experience, ages ago, landing some jobs when people tought I was native English speaker, and even same country, sometimes is better if they don't know the relation will be across international boundaries until they have half decided to buy/contract. Maybe that has changed in recent years.