Fragile Plan vs Robust Plan
sivers.org
sivers.org
Fragile = something that can't withstand randomness
Robust = something that can withstand randomness to a point
Anti-fragile = something which gets better when exposed to randomness
OP's plan here demonstrates anti-fragility, not just robustness. Overall great article about how to crowdsource pool of knowledge and turning it in to a business.
That brilliant journalist I hired, the person who was ready to take on the responsibility of writing 16 books in a year, needed $90k salary.
Finding people to answer some specific questions about their existing field of expertise has cost very very little. 48 researchers cost less than $60k.
On a side note, thanks for all your writings over the years, I've learned a ton and still use some of them for both personal reference and for referring friends & associates.
On the other hand, it's not like these guides are novels, so maybe it doesn't matter as much.
("For the cost of one night in a Hong Kong hotel, this will save you weeks or even months of research.")
Definitely only of interest to someone really planning on setting up a business in one of these countries in the next year or so.
I often drop $39 on random Ruby, JavaScript, or web design ebooks.
That said, now that I've tried the $50 price point, I might try something much cheaper next year just to see what happens. If I do, then all the people who bought it at $50 this year will get it free next year.
I'm sure you do, but unlike me, you're rich. I practically never buy any books, but I'm interested in buying your guides.
When I first saw the $50, I was a bit disappointed and felt like it was expensive, especially for an independently published PDF.
Then I realized that I do want one reasonably bad, and that each book is potentially highly valuable, so I guess the $50 price can be considered justified. It's just that I'd like to buy several, but I'm not sure I'm comfortable doing so at that price point.
Another idea for this, since it sounds like this series might get yearly updates, is high-priced lifetime subscription 1-time fee, and a low-priced non-subscription cost for just this year's version.
Edit: On second thought, maybe not. Someone buying one of these to set up a startup probably won't have a multiyear need for them.