High

40% Of SMBs Still Can't Pay Their Rent, Extending High Delinquency From September Into October

https://www.alignable.com/forum/q4s-off-to-a-rough-start-40-of-smbs-still-cant-pay-their-rent October 31, 2023: While the federal government reported a surge in economic growth for the U.S. last week, that news doesn't hold true for many small business owners. In fact, in October polling by Alignable, only 12% said their companies are experiencing significant growth this month. Beyond that, Alignable’s October Rent Report, released today, shows that a whopping 40% of SMBs couldn't even pay their October rent in full and on time. This marks the second consecutive month of a 40% rent delinquency rate -- extending 2023's record high from September through October. These findings are based on responses from 4,246 randomly selected small business owners surveyed from 10/1/23 to 10/30/23, as well as input from 44,000+ other respondents over the past year. As the chart below shows, October's SMB rent delinquency rate is 10 percentage points higher than it was in January, reflecting cumulative economic struggles: increased rents, high interest rates, still-stifling inflation, rising labor costs, and revenues that have declined since this time last year. Rent delinquency rates among small businesses during 2023 based on Alignable surveys So, Why's Rent Delinquency At 40% For A 2nd Month? Here’s the current list of problems contributing to two months' worth of the highest delinquency rate 2023 has seen so far: Consumer Spending Declines On Main Street: Quarterly, we ask about customer spending habits at retailers. This month, 45% of independent Mom and Pop Shops said spending has been down over the last 30 days. Some said it was due to more people spending money online with big retailers like Amazon. This figure is quite high, especially considering that back in July, only 24% reported a drop in consumer spending -- 21 percentage points less severe than it is now. Revenue Troubles: 42% are making half or less of the income they generated monthly prior to COVID. For businesses that are less than three years old, this situation is even worse: 53% of this group reports making half or less of what they generated this time last year. High Interest Rates: Over half of all SMB owners polled said the past 19 months of high interest rates have hurt their margins, reduced revenues, and put their expansion plans on hold, as they don't want to apply for loans. Increased Rent Prices: 50% say they’re being charged more for rent now than they were six months ago, with 15% saying rent has increased by 20% or more. At present, only 37% of pre-COVID businesses have recovered financially from the pandemic era, leaving 63% still striving to make up for time they lost due to COVID, inflationary pressures, and high interest rates. There's a slight silver lining here, though, as the 37% figure is three percentage points higher than it was in September. But, with that said, a recovery rate of 37% after more than three and a half years is still very low and speaks volumes about the ongoing list of troubles small business owners face looking into the rest of 2023. Tech, Manufacturing, Gyms, Beauty & Retail Struggle Examining the rent delinquency landscape in terms of sectors, there's quite a negative shift occurring among some industries in October. Let's look at the charts below to see what's really happening. Sectors most affected by rent delinquency include tech and retail Details on sectors affected by rent delinquency in October This is alarming for a few reasons: The countless technology layoffs at larger companies over the past year appear to be affecting the small companies now, too, who are often dependent on the larger ones as clients. Right now, 54% of science/technology small companies couldn't pay their October rent, up 10 percentage points from September and 16 percentage points since August. There are also some comments in the surveys of technology roles being reduced or replaced by ChatGPT and other AI, which can write software programs. Gyms have been struggling now for a while and now 50% of them can't afford the rent, up 8 percentage points from September. The biggest shift between October and September occurred among manufacturers, partially due to ongoing fluctuation in the price of gas and other inflationary issues. For quite some time, manufacturers were improving a lot in terms of their rent delinquency rates, but in October, they jumped 25 percentage points, doubling their rate, which is now 50%. This is also a record high for manufacturers in 2023. We hope this is just a blip, but we'll see in November. Also due, in part, to fluctuating gas prices and costs of vehicles, 45% of transportation companies couldn't pay October rent in full and on time. That's up 6 percentage points from last month. Sadly, 47% of salon owners couldn't cover October rent, after showing a lot of stability over the past few months. But that stability ended this month, as salons' rent delinquency rates jumped nine percentage points. Though rates have dropped three percentage points in October, a high percentage of retailers are still having trouble paying the rent. Last month, it was 47%. This month, it's better, but is still over 40%, landing at 44%. This is worrisome, especially since Q4 is a "make it or break it" time for many Main Street merchants. Looking more closely at the industries, there was some good news, in that a few others experienced lower delinquency rates in October, including restaurants, which dipped to 40% from 44% in September. Travel/lodging dropped seven percentage points to 38% (from 45% last month), as did education, which is also at 38%, down from 43%. When looking at rent delinquency from the vantage point of the states that are most affected, many surges can be seen between October and September, while a few states saw some dramatic, encouraging declines, too. Rent Troubles Increase For IL, VA, TX, MA, FL, & CO Looking at the states' charts, you can see how tumultuous the rent story has become this fall. Let's first talk about those with significant jumps in their delinquency rates. Here's the rundown: Illinois leads the list once again. After having a better month in September, its delinquency rate has soared, once more, landing at 54% for October (up from 46% last month). In fact, the 54% figure is the highest rate IL-based SMBs have seen in 2023. Virginia was in great shape last month, with a delinquency rate of just 19%. But Virginia-based small business owners have had a very rough month, at least in terms of rent. Now, 50% of them who took our poll say they couldn't cover rent (an increase of 31 percentage points). Texas is third on the list, with an 11-percentage-point lift from 38% in September to 49% in October. MA is next up at 48%, which marks the largest jump on the chart -- 32 percentage points from a low of just 16% in September. Small businesses in Florida have also experienced two challenging months in terms of rent delinquency. Right now, 45% of SMBs there couldn't afford to pay, up nine percentage points from September and 15 percentage points from August. Colorado's businesses regressed in October, hitting a new record high of 40%. That rent delinquency rate jumped 13 percentage points from September to October. While we just covered states with some very high delinquency rates, there were also several more positive swings that have occurred in October. Though encouraging, we'll have to see how long those delinquency rates continue. Here are the most remarkable: New York -- After reaching a record rate of 55% last month, New York's small business owners now report a more stable number: just 29%. That's down 26 percentage points. New Jersey -- New York's neighbor has an even more impressive story in October: only 20% of New Jersey's SMBs couldn't pay rent this month, a record low over at least the past 14 months, down 34 percentage points from a record high of 54%. Michigan -- Similarly, Michigan's small business owners boast a rate of just 20%, down from 45% in September.

Looking for Investors in Dubai – High-Return AI Business Opportunity

We are launching an advanced AI automation business in Dubai, and we are looking for investors who want to be part of the future. Our AI technology is designed to take and make phone calls, revolutionizing customer service, sales, and business communication. This is an opportunity to invest in cutting-edge AI at an early stage, with fixed returns of 30% per year or 2% per month. To ensure security and transparency, all investments come with a legal agreement and post-dated cheques. AI-driven automation is the future, and businesses are actively looking for smarter, more cost-effective solutions. With the demand growing rapidly, this is your chance to be part of a high-potential venture in one of the fastest-growing tech sectors. If you’re interested in learning more, feel free to reach out. Let’s build the future together.

Looking for Investors in Dubai – High-Return AI Business Opportunity

We are launching an advanced AI automation business in Dubai, and we are looking for investors who want to be part of the future. Our AI technology is designed to take and make phone calls, revolutionizing customer service, sales, and business communication. This is an opportunity to invest in cutting-edge AI at an early stage, with fixed returns of 30% per year or 2% per month. To ensure security and transparency, all investments come with a legal agreement and post-dated cheques. AI-driven automation is the future, and businesses are actively looking for smarter, more cost-effective solutions. With the demand growing rapidly, this is your chance to be part of a high-potential venture in one of the fastest-growing tech sectors. If you’re interested in learning more, feel free to reach out. Let’s build the future together.

How I made a high tech salary in my first selling month

For over 7 years I worked as a full-stack developer, helping other companies bring their ideas to life. But one day, I thought “Why not try making my own dream come true?”. That’s when I decided to quit my job and start my own journey to becoming an entrepreneur. At first, it wasn’t easy. I didn’t make any money for months and had no idea where to start. I felt lost. Then, I decided to focus on something popular and trending. AI was everywhere, and ChatGPT was the most used AI platform. So I looked into it and I found the OpenAI community forum where people had been asking for features that weren’t being added. That gave me an idea. Why not build those features myself? I created a Chrome extension and I worked on some of the most requested features, like: Downloading the advanced voice mode and messages as MP3 Adding folders to organize chats Saving and reusing prompts Pinning important chats Exporting chats to TXT/JSON files Deleting or archiving multiple chats at once Making chat history searches faster and better It took me about a week to build the first version, and when I published it, the response was incredible. People loved it! Some even said things like, “You’re a lifesaver!” That’s when I realized I had something that could not only help people but also turn into a real business. I kept the first version free to see how people would respond. Many users have been downloading my extension, which prompted Chrome to review it to determine if it qualified for the featured badge. I received the badge, and it has significantly boosted traffic to my extension ever since. After all the positive feedback, I launched a paid version one month ago. A few minutes after publishing it, I made my first sale! That moment was so exciting, and it motivated me to keep going. I already have over 4,000 users and have made more than $4,500 in my first selling month. I’ve decided to release 1-2 new features every month to keep improving the extension based on what users ask for. I also created the same extension for Firefox and Edge users because many people have been asking for it! I also started a Reddit community, where I share updates, sales, discount codes, and ideas for new features. It’s been awesome to connect with users directly and get their feedback. Additionally, I’ve started working on another extension for Claude, which I’m hoping will be as successful as this one. My message to you is this: never give up on your dreams. It might feel impossible at first, but with patience, hard work, and some creativity, you can make it happen. I hope this inspires you to go after what you want. Good luck to all of us!

How I made a high tech salary in my first selling month

For over 7 years I worked as a full-stack developer, helping other companies bring their ideas to life. But one day, I thought “Why not try making my own dream come true?”. That’s when I decided to quit my job and start my own journey to becoming an entrepreneur. At first, it wasn’t easy. I didn’t make any money for months and had no idea where to start. I felt lost. Then, I decided to focus on something popular and trending. AI was everywhere, and ChatGPT was the most used AI platform. So I looked into it and I found the OpenAI community forum where people had been asking for features that weren’t being added. That gave me an idea. Why not build those features myself? I created a Chrome extension and I worked on some of the most requested features, like: Downloading the advanced voice mode and messages as MP3 Adding folders to organize chats Saving and reusing prompts Pinning important chats Exporting chats to TXT/JSON files Deleting or archiving multiple chats at once Making chat history searches faster and better It took me about a week to build the first version, and when I published it, the response was incredible. People loved it! Some even said things like, “You’re a lifesaver!” That’s when I realized I had something that could not only help people but also turn into a real business. I kept the first version free to see how people would respond. Many users have been downloading my extension, which prompted Chrome to review it to determine if it qualified for the featured badge. I received the badge, and it has significantly boosted traffic to my extension ever since. After all the positive feedback, I launched a paid version one month ago. A few minutes after publishing it, I made my first sale! That moment was so exciting, and it motivated me to keep going. I already have over 4,000 users and have made more than $4,500 in my first selling month. I’ve decided to release 1-2 new features every month to keep improving the extension based on what users ask for. I also created the same extension for Firefox and Edge users because many people have been asking for it! I also started a Reddit community, where I share updates, sales, discount codes, and ideas for new features. It’s been awesome to connect with users directly and get their feedback. Additionally, I’ve started working on another extension for Claude, which I’m hoping will be as successful as this one. My message to you is this: never give up on your dreams. It might feel impossible at first, but with patience, hard work, and some creativity, you can make it happen. I hope this inspires you to go after what you want. Good luck to all of us!

How I made a high tech salary in my first selling month

For over 7 years I worked as a full-stack developer, helping other companies bring their ideas to life. But one day, I thought “Why not try making my own dream come true?”. That’s when I decided to quit my job and start my own journey to becoming an entrepreneur. At first, it wasn’t easy. I didn’t make any money for months and had no idea where to start. I felt lost. Then, I decided to focus on something popular and trending. AI was everywhere, and ChatGPT was the most used AI platform. So I looked into it and I found the OpenAI community forum where people had been asking for features that weren’t being added. That gave me an idea. Why not build those features myself? I created a Chrome extension and I worked on some of the most requested features, like: Downloading the advanced voice mode and messages as MP3 Adding folders to organize chats Saving and reusing prompts Pinning important chats Exporting chats to TXT/JSON files Deleting or archiving multiple chats at once Making chat history searches faster and better It took me about a week to build the first version, and when I published it, the response was incredible. People loved it! Some even said things like, “You’re a lifesaver!” That’s when I realized I had something that could not only help people but also turn into a real business. I kept the first version free to see how people would respond. Many users have been downloading my extension, which prompted Chrome to review it to determine if it qualified for the featured badge. I received the badge, and it has significantly boosted traffic to my extension ever since. After all the positive feedback, I launched a paid version one month ago. A few minutes after publishing it, I made my first sale! That moment was so exciting, and it motivated me to keep going. I already have over 4,000 users and have made more than $4,500 in my first selling month. I’ve decided to release 1-2 new features every month to keep improving the extension based on what users ask for. I also created the same extension for Firefox and Edge users because many people have been asking for it! I also started a Reddit community, where I share updates, sales, discount codes, and ideas for new features. It’s been awesome to connect with users directly and get their feedback. Additionally, I’ve started working on another extension for Claude, which I’m hoping will be as successful as this one. My message to you is this: never give up on your dreams. It might feel impossible at first, but with patience, hard work, and some creativity, you can make it happen. I hope this inspires you to go after what you want. Good luck to all of us!

Join the AI4Earth challenge with the European Space Agency to highlight our footprint on Earth using Earth Observation data and Machine Learning

​ https://preview.redd.it/ww109cba14f71.png?width=2401&format=png&auto=webp&s=8bd3d43e8b63848af85c73478be61e43d9e10189 The primary goal is to get an insight into the human impact on Earth, to drive and guide conservation efforts of this planet we call home. Our approach will be twofold:  Firstly we will work on AI algorithms that can serve as an early detection system of human impact sites. Secondly we will use these detection systems to find satellite images that show the most impactful human-caused changes, which will be used in the creation of a video to launch an awareness campaign. You will be working with ESA to detect things like: Wildfires and Deforestation Marine Litter and Melting Glaciers Air quality detection & Novel animal migration patterns  and much more!  European Space Agency To reach these goals we’ve partnered up with ESA, who are able to use our algorithms to monitor new satellite data and guide conservation efforts. They will provide us with multi-spectral data of their Sentinel-2 satellite pair and with invaluable knowledge and research on the domain of Earth Observation data in participant only masterclasses.  Format The challenge will run throughout September and October, where you will collaborate with a diverse team of over 30 international data specialists and domain experts in subteams, all tackling this problem from different angles. Subtasks like the detection of deforestation, wildfires, marine litter or any other human caused impact. All contributors in the challenge are expected to spend 12 hours or more per week during the entirity of the two month challenge. To learn more subscribe to the info session on the 3rd of August 19:00 CEST HERE! Some important dates: 3rd of August – Info session 1st of September – Challenge Kick-off 29th of September – Midterm presentations 29th of October – Final presentations PARTNERS SUN - https://spacehubs.network The project is spearheaded by SUN whose goal is to increase the commercialization of space enabled solutions and growth of European start-ups and scale-ups in the space downstream and upstream sectors. ESA - https://esa.int ESA will be the main stakeholder and domain knowledge provider in the challenge. Their efforts to aid human’s space endeavours as well as protect the planet we live on will serve us for many years to come.  MLReef - https://mlreef.com MLReef provides an open source platform for collaborative Machine Learning. They provide the computational infrastructure to support the EO4Earth project as part of their AI4GOOD and Open Science initiatives. Brimatech  As a partner in the SUN project, the innovation management and market research expert Brimatech helps out in the overall organisation of the challenge.  Mothership The ‘Mothership’ is a dedicated open innovation program created by Space4Good and World Startup Factory. The Mothershi is leveraging recent advancements in artificial intelligence and satellite technologies in support of the UN Sustainable Development Goals. Space4Good  Space4Good is a geospatial innovation lab supporting impact makers on the ground with earth observation insights from above. Worldstartup  Worldstartup is a collective of international entrepreneurs, experts, mentors and investors, dedicated to help the best impact-driven startups and scaleups.

[P] My deep learning library from sophomore year in high school

I made a deep learning library in Java a while ago to help me understand how neural networks work. I implemented vanilla fully connected layers, convolutional layers, pooling layers, GRU cells, multiple gradient descent optimizers, and other cool stuff. I also strived for an object oriented framework with a Keras-like interface. It took me quite a while to understand the full backprop algorithm as I did not know how derivatives work when I started. Also, many intrinsic details about how neural networks operate were obscured behind very similar mathematical equations in most of the blog posts I've seen (although Stanford CS231 was very helpful). In the end, I derived the backprop equations for updating the weights by hand for all of the layers in the library. As such, I want to share my code and maybe help others that are learning about neural networks. Note the library is very slow. There are no fancy GPU speedups because the library is pure Java. You can test the pretrained MNIST by running TestMNISTDraw2.java in the src/tests folder that also contains other demos. Edit: Is this too "beginner" for this sub?

Looking for Social Media Marketing Partner(s) for High-Potential AI App Business

Hello everyone! I am Mak, and I'm a software engineer and AI developer with a few years of experience. I'm pretty young like the most of you and have an amazing idea. I'm sure that some of you have heard of Rizz, Plug, Wigman and similar apps. Those are simple AI apps that generate pickup lines for people, and I worked as an AI developer for one of the above. I got this business idea after analyzing more about this industry and realizing that these apps make TONS of money—like the one I worked for, which is making about $50k per WEEK using my AI solutions. That's crazy. The point is that I took a pause from working as a software engineer for clients and researched how to do the same thing. It took me a few months to actually understand everything about this business model, and Rizz apps are just one example of this type of business. There is one 17 yo guy I found who made "Cal AI" I guess, basically a simple AI app that analyzes your meal and provides info like calories, etc. I also created AI solutions for a guy who made an AI app that analyzes your face, provides Sigma analytics, and suggests how to improve your face, etc. So the point is that there are tons of AI app ideas that you can create for this industry. And the important fact is that the AI market is growing. Some important AI analytics say that in 2024, there were 1.5B AI app downloads, and mobile AI app consumer spending was $1.8B. That's huge. So, what am I looking for? I need someone, hopefully from the US, or someone who knows how to post social media content for US users, to help me out with my business idea. I'm self-funded and have already spent a lot on important requirements and equipment, which is why I need someone interested in revenue sharing. We can come up with a deal such as capped/tiered revenue share, profit share, deferred model, etc. We could discuss this privately since everyone has different experience levels and thoughts about this. Also, since I'm talking about experience, you don't need huge experience at all. You can be 16-25 years old just like me and only have marketing skills. However, to make it easier for those who don't have marketing skills, I am planning to create code that will automatically generate content for you, and all you need to do is post the content. But this is only for posting content without creating it and is for interested people from the US since I need US customers. However, if you have marketing skills and an idea for getting organic US views, please let's talk. Short info about my app: It is an AI app like the previous examples, which doesn’t yet exist. There is pretty big potential for app growth (60% of Americans could use this app), and it should be pretty easy to market. Good niche, good idea and overall solid market for this app idea. TL;DR I need someone interested in marketing my AI app in exchange for revenue share. No huge experience is needed. I would prefer someone from the US. If you are interested, feel free to contact me here on Reddit via private messages or below. We can talk here, on Discord, LinkedIn, or anywhere you prefer. Thanks once again!

If you are looking for free courses about AI, LLMs, CV, or NLP, I created the repository with links to resources that I found super high quality and helpful. The link is in the comment.

🔥Salary of GenAI Engineer | Generative AI Jobs: Roles, Salaries, and Growth Potential 🚀💼 | #shorts

Curious about Generative AI and the lucrative career opportunities it offers? In this video, we dive into the world of Generative AI with our guest, who’s been researching this groundbreaking field. You've likely heard of tools like ChatGPT, Llama, and Gemini—all of which are examples of Generative AI at work. Our guest breaks down Generative AI, explaining how it uses advanced machine learning models to generate content like images, text, music, and more. As the field grows, so do the career opportunities. Exciting new roles such as Generative AI Engineer and AI Chatbot Engineer are emerging and gaining popularity. And what about the salary? In metro cities like Bangalore and Hyderabad, Generative AI Engineers typically earn between 15 to 30 LPA, making this one of the hottest and most promising fields in tech right now. With its rapid growth potential, mastering Generative AI can lead to a rewarding and high-paying career. Watch the full video to learn more about Generative AI and how you can be part of this exciting industry! #GenerativeAI #AICareers #AIEngineer #TechJobs #ChatGPT #AIChatbots #MachineLearning #HighPayingJobs #GenerativeAIEngineer #TechSalaries #AIInnovation

Python for Data Science, AI & Development

Kickstart your learning of Python with this beginner-friendly self-paced course taught by an expert. Python is one of the most popular languages in the programming and data science world and demand for individuals who have the ability to apply Python has never been higher.

Stanford Introduction to Food and Health

Around the world, we find ourselves facing global epidemics of obesity, Type 2 Diabetes and other predominantly diet-related diseases. To address these public health crises, we urgently need to explore innovative strategies for promoting healthful eating. There is strong evidence that global increases in the consumption of heavily processed foods, coupled with cultural shifts away from the preparation of food in the home, have contributed to high rates of preventable, chronic disease. In this course, learners will be given the information and practical skills they need to begin optimizing the way they eat. This course will shift the focus away from reductionist discussions about nutrients and move, instead, towards practical discussions about real food and the environment in which we consume it. By the end of this course, learners should have the tools they need to distinguish between foods that will support their health and those that threaten it. In addition, we will present a compelling rationale for a return to simple home cooking, an integral part of our efforts to live longer, healthier lives.

Building AI Powered Chatbots Without Programming

Chatbots can save businesses up to 30% on customer support costs alone (Shopify), and AI developers with strong chatbot skills are in high demand! This Building AI Powered Chatbots Without Programming course gives aspiring AI application developers and engineers the skills businesses need to build chatbots in just 6 weeks. No programming experience required!

I spent 6 months on building a tool, and got 0 zero users. Here is my story.

Edit Thank you all so much for your time reading my story. Your support, feedback, criticism, and skepticism; all helped me a lot, and I couldn't appreciate it enough \^\_\^ TL;DR I spent 6 months on a tool that currently has 0 users. Below is what I learned during my journey, sharing because I believe most mistakes are easily avoidable. Do not overestimate your product and assume it will be an exception to fundamental principles. Principles are there for a reason. Always look for validation before you start. Avoid building products with a low money-to-effort ratio/in very competitive fields. Unless you have the means, you probably won't make it. Pick a problem space, pick your target audience, and talk to them before thinking about a solution. Identify and match their pain points. Only then should you think of a solution. If people are not overly excited or willing to pay in advance for a discounted price, it might be a sign to rethink. Sell one and only one feature at a time. Avoid everything else. If people don't pay for that one core feature, no secondary feature will change their mind. Always spend twice as much time marketing as you do building. You will not get users if they don't know it exists. Define success metrics ("1000 users in 3 months" or "$6000 in the account at the end of 6 months") before you start. If you don't meet them, strongly consider quitting the project. If you can't get enough users to keep going, nothing else matters. VALIDATION, VALIDATION, VALIDATION. Success is not random, but most of our first products will not make a success story. Know when to admit failure, and move on. Even if a product of yours doesn't succeed, what you learned during its journey will turn out to be invaluable for your future. My story So, this is the story of a product, Summ, that I’ve been working on for the last 6 months. As it's the first product I’ve ever built, after watching you all from the sidelines, I have learned a lot, made many mistakes, and did only a few things right. Just sharing what I’ve learned and some insights from my journey so far. I hope that this post will help you avoid the mistakes I made — most of which I consider easily avoidable — while you enjoy reading it, and get to know me a little bit more 🤓. A slow start after many years Summ isn’t the first product I really wanted to build. Lacking enough dev skills to even get started was a huge blocker for so many years. In fact, the first product I would’ve LOVED to build was a smart personal shopping assistant. I had this idea 4 years ago; but with no GPT, no coding skills, no technical co-founder, I didn’t have the means to make it happen. I still do not know if such a tool exists and is good enough. All I wanted was a tool that could make data-based predictions about when to buy stuff (“buy a new toothpaste every three months”) and suggest physical products that I might need or be strongly interested in. AFAIK, Amazon famously still struggles with the second one. Fast-forward a few years, I learned the very basics of HTML, CSS, and Vanilla JS. Still was not there to build a product; but good enough to code my design portfolio from scratch. Yet, I couldn’t imagine myself building a product using Vanilla JS. I really hated it, I really sucked at it. So, back to tutorial hell, and to learn about this framework I just heard about: React.React introduced so many new concepts to me. “Thinking in React” is a phrase we heard a lot, and with quite good reasons. After some time, I was able to build very basic tutorial apps, both in React, and React Native; but I have to say that I really hated coding for mobile. At this point, I was already a fan of productivity apps, and had a concept for a time management assistant app in my design portfolio. So, why not build one? Surely, it must be easy, since every coding tutorial starts with a todo app. ❌ WRONG! Building a basic todo app is easy enough, but building one good enough for a place in the market was a challenge I took and failed. I wasted one month on that until I abandoned the project for good. Even if I continued working on it, as the productivity landscape is overly competitive, I wouldn’t be able to make enough money to cover costs, assuming I make any. Since I was (and still am) in between jobs, I decided to abandon the project. 👉 What I learned: Do not start projects with a low ratio of money to effort and time. Example: Even if I get 500 monthly users, 200 of which are paid users (unrealistically high number), assuming an average subscription fee of $5/m (such apps are quite cheap, mostly due to the high competition), it would make me around $1000 minus any occurring costs. Any founder with a product that has 500 active users should make more. Even if it was relatively successful, due to the high competition, I wouldn’t make any meaningful money. PS: I use Todoist today. Due to local pricing, I pay less than $2/m. There is no way I could beat this competitive pricing, let alone the app itself. But, somehow, with a project that wasn’t even functional — let alone being an MVP — I made my first Wi-Fi money: Someone decided that the domain I preemptively purchased is worth something. By this point, I had already abandoned the project, certainly wasn’t going to renew the domain, was looking for a FT job, and a new project that I could work on. And out of nowhere, someone hands me some free money — who am I not to take it? Of course, I took it. The domain is still unused, no idea why 🤔. Ngl, I still hate the fact that my first Wi-Fi money came from this. A new idea worth pursuing? Fast-forward some weeks now. Around March, I got this crazy idea of building an email productivity tool. We all use emails, yet we all hate them. So, this must be fixed. Everyone uses emails, in fact everyone HAS TO use emails. So, I just needed to build a tool and wait for people to come. This was all, really. After all, the problem space is huge, there is enough room for another product, everyone uses emails, no need for any further validation, right? ❌ WRONG ONCE AGAIN! We all hear from the greatest in the startup landscape that we must validate our ideas with real people, yet at least some of us (guilty here 🥸) think that our product will be hugely successful and prove them to be an exception. Few might, but most are not. I certainly wasn't. 👉 Lesson learned: Always validate your ideas with real people. Ask them how much they’d pay for such a tool (not if they would). Much better if they are willing to pay upfront for a discount, etc. But even this comes later, keep reading. I think the difference between “How much” and “If” is huge for two reasons: (1) By asking them for “How much”, you force them to think in a more realistic setting. (2) You will have a more realistic idea on your profit margins. Based on my competitive analysis, I already had a solution in my mind to improve our email usage standards and email productivity (huge mistake), but I did my best to learn about their problems regarding those without pushing the idea too hard. The idea is this: Generate concise email summaries with suggested actions, combine them into one email, and send it at their preferred times. Save as much as time the AI you end up with allows. After all, everyone loves to save time. So, what kind of validation did I seek for? Talked with only a few people around me about this crazy, internet-breaking idea. The responses I got were, now I see, mediocre; no one got excited about it, just said things along the lines of “Cool idea, OK”. So, any reasonable person in this situation would think “Okay, not might not be working”, right? Well, I did not. I assumed that they were the wrong audience for this product, and there was this magical land of user segments waiting eagerly for my product, yet unknowingly. To this day, I still have not reached this magical place. Perhaps, it didn’t exist in the first place. If I cannot find it, whether it exists or not doesn’t matter. I am certainly searching for it. 👉 What I should have done: Once I decide on a problem space (time management, email productivity, etc.), I should decide on my potential user segments, people who I plan to sell my product to. Then I should go talk to those people, ask them about their pains, then get to the problem-solving/ideation phase only later. ❗️ VALIDATION COMES FROM THE REALITY OUTSIDE. What validation looks like might change from product to product; but what invalidation looks like is more or less the same for every product. Nico Jeannen told me yesterday “validation = money in the account” on Twitter. This is the ultimate form of validation your product could get. If your product doesn’t make any money, then something is invalidated by reality: Your product, you, your idea, who knows? So, at this point, I knew a little bit of Python from spending some time in tutorial hell a few years ago, some HTML/CSS/JS, barely enough React to build a working app. React could work for this project, but I needed easy-to-implement server interactivity. Luckily, around this time, I got to know about this new gen of indie hackers, and learned (but didn’t truly understand) about their approach to indie hacking, and this library called Nextjs. How good Next.js still blows my mind. So, I was back to tutorial hell once again. But, this time, with a promise to myself: This is the last time I would visit tutorial hell. Time to start building this "ground-breaking idea" Learning the fundamentals of Next.js was easier than learning of React unsurprisingly. Yet, the first time I managed to run server actions on Next.js was one of the rarest moments that completely blew my mind. To this day, I reject the idea that it is something else than pure magic under its hood. Did I absolutely need Nextjs for this project though? I do not think so. Did it save me lots of time? Absolutely. Furthermore, learning Nextjs will certainly be quite helpful for other projects that I will be tackling in the future. Already got a few ideas that might be worth pursuing in the head in case I decide to abandon Summ in the future. Fast-forward few weeks again: So, at this stage, I had a barely working MVP-like product. Since the very beginning, I spent every free hour (and more) on this project as speed is essential. But, I am not so sure it was worth it to overwork in retrospect. Yet, I know I couldn’t help myself. Everything is going kinda smooth, so what’s the worst thing that could ever happen? Well, both Apple and Google announced their AIs (Apple Intelligence and Google Gemini, respectively) will have email summarization features for their products. Summarizing singular emails is no big deal, after all there were already so many similar products in the market. I still think that what truly matters is a frictionless user experience, and this is why I built this product in a certain way: You spend less than a few minutes setting up your account, and you get to enjoy your email summaries, without ever visiting its website again. This is still a very cool concept I really like a lot. So, at this point: I had no other idea that could be pursued, already spent too much time on this project. Do I quit or not? This was the question. Of course not. I just have to launch this product as quickly as possible. So, I did something right, a quite rare occurrence I might say: Re-planned my product, dropped everything secondary to the core feature immediately (save time on reading emails), tried launching it asap. 👉 Insight: Sell only one core feature at one time. Drop anything secondary to this core feature. Well, my primary occupation is product design. So one would expect that a product I build must have stellar design. I considered any considerable time spent on design at this stage would be simply wasted. I still think this is both true and wrong: True, because if your product’s core benefits suck, no one will care about your design. False, because if your design looks amateurish, no one will trust you and your product. So, I always targeted an average level design with it and the way this tool works made it quite easy as I had to design only 2 primary pages: Landing page and user portal (which has only settings and analytics pages). However, even though I knew spending time on design was not worth much of my time, I got a bit “greedy”: In fact, I redesigned those pages three times, and still ended up with a so-so design that I am not proud of. 👉 What I would do differently: Unless absolutely necessary, only one iteration per stage as long as it works. This, in my mind, applies to everything. If your product’s A feature works, then no need to rewrite it from scratch for any reason, or even refactor it. When your product becomes a success, and you absolutely need that part of your codebase to be written, do so, but only then. Ready to launch, now is th etime for some marketing, right? By July 26, I already had a “launchable” product that barely works (I marked this date on a Notion docs, this is how I know). Yet, I had spent almost no time on marketing, sales, whatever. After all, “You build and they will come”. Did I know that I needed marketing? Of course I did, but knowingly didn’t. Why, you might ask. Well, from my perspective, it had to be a dev-heavy product; meaning that you spend most of your time on developing it, mostly coding skills. But, this is simply wrong. As a rule of thumb, as noted by one of the greatests, Marc Louvion, you should spend at least twice of the building time on marketing. ❗️ Time spent on building \* 2 people don’t know your product > they don’t use your product > you don’t get users > you don’t make money Easy as that. Following the same reasoning, a slightly different approach to planning a project is possible. Determine an approximate time to complete the project with a high level project plan. Let’s say 6 months. By the reasoning above, 2 months should go into building, and 4 into marketing. If you need 4 months for building instead of 2, then you need 8 months of marketing, which makes the time to complete the project 12 months. If you don’t have that much time, then quit the project. When does a project count as completed? Well, in reality, never. But, I think we have to define success conditions even before we start for indie projects and startups; so we know when to quit when they are not met. A success condition could look like “Make $6000 in 12 months” or “Have 3000 users in 6 months”. It all depends on the project. But, once you set it, it should be set in stone: You don’t change it unless absolutely necessary. I suspect there are few principles that make a solopreneur successful; and knowing when to quit and when to continue is definitely one of them. Marc Louvion is famously known for his success, but he got there after failing so many projects. To my knowledge, the same applies to Nico Jeannen, Pieter Levels, or almost everyone as well. ❗️ Determining when to continue even before you start will definitely help in the long run. A half-aed launch Time-leap again. Around mid August, I “soft launched” my product. By soft launch, I mean lazy marketing. Just tweeting about it, posting it on free directories. Did I get any traffic? Surely I did. Did I get any users? Nope. Only after this time, it hit me: “Either something is wrong with me, or with this product” Marketing might be a much bigger factor for a project’s success after all. Even though I get some traffic, not convincing enough for people to sign up even for a free trial. The product was still perfect in my eyes at the time (well, still is ^(\_),) so the right people are not finding my product, I thought. Then, a question that I should have been asking at the very first place, one that could prevent all these, comes to my mind: “How do even people search for such tools?” If we are to consider this whole journey of me and my so-far-failed product to be an already destined failure, one metric suffices to show why. Search volume: 30. Even if people have such a pain point, they are not looking for email summaries. So, almost no organic traffic coming from Google. But, as a person who did zero marketing on this or any product, who has zero marketing knowledge, who doesn’t have an audience on social media, there is not much I could do. Finally, it was time to give up. Or not… In my eyes, the most important element that makes a founder (solo or not) successful (this, I am not by any means) is to solve problems. ❗️ So, the problem was this: “People are not finding my product by organic search” How do I make sure I get some organic traffic and gets more visibility? Learn digital marketing and SEO as much as I can within very limited time. Thankfully, without spending much time, I came across Neil Patel's YT channel, and as I said many times, it is an absolute gold mine. I learned a lot, especially about the fundamentals, and surely it will be fruitful; but there is no magic trick that could make people visit your website. SEO certainly helps, but only when people are looking for your keywords. However, it is truly a magical solution to get in touch with REAL people that are in your user segments: 👉 Understand your pains, understand their problems, help them to solve them via building products. I did not do this so far, have to admit. But, in case you would like to have a chat about your email usage, and email productivity, just get in touch; I’d be delighted to hear about them. Getting ready for a ProductHunt launch The date was Sept 1. And I unlocked an impossible achievement: Running out of Supabase’s free plan’s Egres limit while having zero users. I was already considering moving out of their Cloud server and managing a Supabase CLI service on my Hetzner VPS for some time; but never ever suspected that I would have to do this quickly. The cheapest plan Supabase offers is $25/month; yet, at that point, I am in between jobs for such a long time, basically broke, and could barely afford that price. One or two months could be okay, but why pay for it if I will eventually move out of their Cloud service? So, instead of paying $25, I spent two days migrating out of Supabase Cloud. Worth my time? Definitely not. But, when you are broke, you gotta do stupid things. This was the first time that I felt lucky to have zero users: I have no idea how I would manage this migration if I had any. I think this is one of the core tenets of an indie hacker: Controlling their own environment. I can’t remember whose quote this is, but I suspect it was Naval: Entrepreneurs have an almost pathological need to control their own fate. They will take any suffering if they can be in charge of their destiny, and not have it in somebody else’s hands. What’s truly scary is, at least in my case, we make people around us suffer at the expense of our attempting to control our own fates. I know this period has been quite hard on my wife as well, as I neglected her quite a bit, but sadly, I know that this will happen again. It is something that I can barely help with. Still, so sorry. After working the last two weeks on a ProductHunt Launch, I finally launched it this Tuesday. Zero ranking, zero new users, but 36 kind people upvoted my product, and many commented and provided invaluable feedback. I couldn't be more grateful for each one of them 🙏. Considering all these, what lies in the future of Summ though? I have no idea, to be honest. On one hand, I have zero users, have no job, no income. So, I need a way to make money asap. On the other hand, the whole idea of it revolves around one core premise (not an assumption) that I am not so willing to share; and I couldn’t have more trust in it. This might not be the best iteration of it, however I certainly believe that email usage is one of the best problem spaces one could work on. 👉 But, one thing is for certain: I need to get in touch with people, and talk with them about this product I built so far. In fact, this is the only item on my agenda. Nothing else will save my brainchild <3. Below are some other insights and notes that I got during my journey; as they do not 100% fit into this story, I think it is more suitable to list them here. I hope you enjoyed reading this. Give Summ a try, it comes with a generous free trial, no credit card required. Some additional notes and insights: Project planning is one of the most underestimated skills for solopreneurs. It saves you enormous time, and helps you to keep your focus up. Building B2C products beats building B2B products. Businesses are very willing to pay big bucks if your product helps them. On the other hand, spending a few hours per user who would pay $5/m probably is not worth your time. It doesn’t matter how brilliant your product is if no one uses it. If you cannot sell a product in a certain category/niche (or do not know how to sell it), it might be a good idea not to start a project in it. Going after new ideas and ventures is quite risky, especially if you don’t know how to market it. On the other hand, an already established category means that there is already demand. Whether this demand is sufficient or not is another issue. As long as there is enough demand for your product to fit in, any category/niche is good. Some might be better, some might be worse. Unless you are going hardcore B2B, you will need people to find your product by means of organic search. Always conduct thorough keyword research as soon as possible.

The Drawing of the Three - Once you look through the veil, nothing is the same again. (I will not promote)

Originally published Nov 5, 2024 In my last post, I talked about assembling a series of filters to use to view the startup landscape, which led me to a few conclusions about what opportunities I should pursue. What did I see through those filters? What I saw through the moire pattern of those two lists overlaid by one another is what I think will be the third great monetization strategy for the internet, matching the pattern of: web1 => Ad monetization web2 => Subscription monetization web3 => For AI, neither of those work anymore, which demands something new. But what? Well that’s the important part, isn’t it? Should I just up and tell you? Yawn. The climax of a movie is at the climax, if they tell you the crux at the beginning, it’s a lot less fun (usually). The standard bearer for web1 and ads was Google (with countless followers), and essentially every website adopted that model for their first pass at content monetization. Google has been… let’s call it fairly successful… so it’s not a bad way to look at things. How many websites live and die by selling advertising? The standard bearers for web2 and subscriptions were Salesforce (for B2B SaaS) and Netflix (for B2C SaaS), with countless followers, to the extent that SaaS has been the dominant startup monetization thesis for the last 15+ years. It’s more old and tired by now than most American politicians, but how many websites live and die by people entering payment details for a monthly or annual subscription? Evidence proves those models for web1 and web2 worked well enough that countless businesses depend on them, and countless fortunes have been made and lost surfing the waves, or crashing against the shorelines, of ads and subs. But it’s also apparent (to me, at least) that now that AI is the dominant startup thesis, neither ads nor subs are going to prevail in an AI-centered world, and for one simple reason: Those monetization strategies are for humans, and AI bots are not humans. Changing Environments Require Changing Strategies Every so often, there’s a fundamental shift that demands everything in the ecosystem adapt to a new habitation strategy to survive. We’ve seen this repeatedly across Earth’s ecology (for instance, introducing free oxygen to the atmosphere, producing respiration while destroying all the life forms that existed before oxygen permeated the atmosphere), and across human society (for example, how nuclear bombs changed war, and how drones are changing it again, for less violent examples, consider the adoption of computers and the subsequent adoption of smartphones). Now the ecosystem of the internet has changed irrevocably, opening up countless new and interesting niches to occupy. Humans may see an ad and buy something stupid (or, occasionally, not-stupid), but an AI won’t unless its programmed to. And subscriptions are designed for humans to consume content at a human rate, not for an AI that can choke down an entire database of content (whatever it may be) at whatever speed the servers can manage. Changing conditions require changing strategies. It was clear to me that: The introduction of AI bots to the internet ecosystem was, is, and will be massively disruptive for a very long time The internet population of bots already exceeds humans and is growing faster than the human population The two dominant monetization strategies are not relevant to bots That disruption of expectations across the ecosystem demands a third strategy, a new strategy to handle a massive change in an existing system. And that strategy needs to accommodate, support, and monetize the new demands from the vast armies of new participants in the internet ecology. Therefore, a method that converts bots from an expense into a revenue source would become a dominant monetization strategy, and therefore whoever owns that strategy will be a dominant player in the internet ecosystem. Set the realization of semi-practical, semi-useful AI against a backdrop of technology cycles that have, in the distant past (in internet terms) produced ads and subs, and more recently produced enormous investment into fintech and crypto, I started to see a path that felt like it would grow over time to become a new monetization strategy that works in the AI ecosystem. Sun Tzu had a couple drinks, saw a couple things… There’s at least, and possibly only, two things I know about fighting: You cannot fight the tide, and it’s much harder to fight an uphill battle. If my whole thesis on this go-around was to go with the flow, and that trickle of insight was leading me from my overlook along a roaring flow of cash coursing through a valley filled with AI startups, where exactly would it lead me? Most rivers lead to the sea eventually, but they can take winding paths, and sometimes the quickest route from the mountain to the sea isn’t to follow the river, but to understand where the river leads and go there instead. Getting a view from on high can save you a lot of time on your journey. But before I get to where the path has led (or is leading) that will explain the objective I’ve identified, and the deliverables I have to produce to reach it, let’s talk about a few of the steps on the path I’ve been taking that highlight the process I followed. I figure if I explain the steps I’m taking, as I’m taking them, it may be easier for people who haven’t trod this route before to follow me and understand how to carve their own course towards their own objectives. And maybe the real treasure will be the friends we make along the way. (I will not promote)

Created the Shopify Alternative in a 3rd world country “I will not promote”

Built a Shopify alternative I’ve been a long-time follower of this subreddit and have always valued the insights shared here. Today, I’m reaching out to share our story and seek advice or guidance on potential next steps for our business. Four years ago, we set out to build a local e-commerce platform tailored to the unique challenges of operating in a third-world country where global solutions like Shopify fall short. Shopify, while a fantastic platform, doesn’t provide localized support or integrations here, and the costs of running a Shopify store are prohibitively high due to: The need for multiple apps to replicate basic functionality Expensive international support calls or long chat queues Higher payment gateway fees (no Shopify Pay) USD-only subscription payments, which incur additional bank conversion fees And more We built a solution that addresses these pain points, and today, we’re proud to have over 4,000 merchants on our platform, with 1,600+ paying customers. We’re processing over $1 million per month across 50,000+ orders, which translates to a significant impact in our local economy. As experienced founders, we’ve managed our financials meticulously, allowing us to thrive while many local competitors have shut down. However, scaling in our current economic climate has been challenging, and raising capital has proven to be incredibly tough. We’re exploring strategic options, including potential partnerships, acquisitions, or investments. For example, we believe our platform could be an attractive opportunity for a player like Shopify or another company looking to expand into emerging markets. I’m reaching out to this community to ask: Are there doors we haven’t knocked on? Are there opportunities or strategies we might be overlooking? Any advice, introductions, or insights would be immensely appreciated. Thank you for taking the time to read this, and I look forward to any feedback or ideas you might have! [post refined by AI]

How a founder built a B2B AI startup to serve with 65+ global brands (including Fortune500 companies) (I will not promote)

AI Palette is an AI-driven platform that helps food and beverage companies predict emerging product trends. I had the opportunity recently to sit down with the founder to get his advice on building an AI-first startup, which he'll be going through in this post. (I will not promote) About AI Palette: Co-founders: >!2 (Somsubhra GanChoudhuri, Himanshu Upreti)!!100+!!$12.7M USD!!AI-powered predictive analytics for the CPG (Consumer Packaged Goods) industry!!Signed first paying customer in the first year!!65+ global brands, including Cargill, Diageo, Ajinomoto, Symrise, Mondelez, and L’Oréal, use AI Palette!!Every new product launched has secured a paying client within months!!Expanded into Beauty & Personal Care (BPC), onboarding one of India’s largest BPC companies within weeks!!Launched multiple new product lines in the last two years, creating a unified suite for brand innovation!Identify the pain points in your industry for ideas* When I was working in the flavour and fragrance industry, I noticed a major issue CPG companies faced: launching a product took at least one to two years. For instance, if a company decided today to launch a new juice, it wouldn’t hit the market until 2027. This long timeline made it difficult to stay relevant and on top of trends. Another big problem I noticed was that companies relied heavily on market research to determine what products to launch. While this might work for current consumer preferences, it was highly inefficient since the product wouldn’t actually reach the market for several years. By the time the product launched, the consumer trends had already shifted, making that research outdated. That’s where AI can play a crucial role. Instead of looking at what consumers like today, we realised that companies should use AI to predict what they will want next. This allows businesses to create products that are ahead of the curve. Right now, the failure rate for new product launches is alarmingly high, with 8 out of 10 products failing. By leveraging AI, companies can avoid wasting resources on products that won’t succeed, leading to better, more successful launches. Start by talking to as many industry experts as possible to identify the real problems When we first had the idea for AI Palette, it was just a hunch, a gut feeling—we had no idea whether people would actually pay for it. To validate the idea, we reached out to as many people as we could within the industry. Since our focus area was all about consumer insights, we spoke to professionals in the CPG sector, particularly those in the insights departments of CPG companies. Through these early conversations, we began to see a common pattern emerge and identified the exact problem we wanted to solve. Don’t tell people what you’re building—listen to their frustrations and challenges first. Going into these early customer conversations, our goal was to listen and understand their challenges without telling them what we were trying to build. This is crucial as it ensures that you can gather as much data about the problem to truly understand it and that you aren't biasing their answers by showing your solution. This process helped us in two key ways: First, it validated that there was a real problem in the industry through the number of people who spoke about experiencing the same problem. Second, it allowed us to understand the exact scale and depth of the problem—e.g., how much money companies were spending on consumer research, what kind of tools they were currently using, etc. Narrow down your focus to a small, actionable area to solve initially. Once we were certain that there was a clear problem worth solving, we didn’t try to tackle everything at once. As a small team of two people, we started by focusing on a specific area of the problem—something big enough to matter but small enough for us to handle. Then, we approached customers with a potential solution and asked them for feedback. We learnt that our solution seemed promising, but we wanted to validate it further. If customers are willing to pay you for the solution, it’s a strong validation signal for market demand. One of our early customer interviewees even asked us to deliver the solution, which we did manually at first. We used machine learning models to analyse the data and presented the results in a slide deck. They paid us for the work, which was a critical moment. It meant we had something with real potential, and we had customers willing to pay us before we had even built the full product. This was the key validation that we needed. By the time we were ready to build the product, we had already gathered crucial insights from our early customers. We understood the specific information they wanted and how they wanted the results to be presented. This input was invaluable in shaping the development of our final product. Building & Product Development Start with a simple concept/design to validate with customers before building When we realised the problem and solution, we began by designing the product, but not by jumping straight into coding. Instead, we created wireframes and user interfaces using tools like InVision and Figma. This allowed us to visually represent the product without the need for backend or frontend development at first. The goal was to showcase how the product would look and feel, helping potential customers understand its value before we even started building. We showed these designs to potential customers and asked for feedback. Would they want to buy this product? Would they pay for it? We didn’t dive into actual development until we found a customer willing to pay a significant amount for the solution. This approach helped us ensure we were on the right track and didn’t waste time or resources building something customers didn’t actually want. Deliver your solution using a manual consulting approach before developing an automated product Initially, we solved problems for customers in a more "consulting" manner, delivering insights manually. Recall how I mentioned that when one of our early customer interviewees asked us to deliver the solution, we initially did it manually by using machine learning models to analyse the data and presenting the results to them in a slide deck. This works for the initial stages of validating your solution, as you don't want to invest too much time into building a full-blown MVP before understanding the exact features and functionalities that your users want. However, after confirming that customers were willing to pay for what we provided, we moved forward with actual product development. This shift from a manual service to product development was key to scaling in a sustainable manner, as our building was guided by real-world feedback and insights rather than intuition. Let ongoing customer feedback drive iteration and the product roadmap Once we built the first version of the product, it was basic, solving only one problem. But as we worked closely with customers, they requested additional features and functionalities to make it more useful. As a result, we continued to evolve the product to handle more complex use cases, gradually developing new modules based on customer feedback. Product development is a continuous process. Our early customers pushed us to expand features and modules, from solving just 20% of their problems to tackling 50–60% of their needs. These demands shaped our product roadmap and guided the development of new features, ultimately resulting in a more complete solution. Revenue and user numbers are key metrics for assessing product-market fit. However, critical mass varies across industries Product-market fit (PMF) can often be gauged by looking at the size of your revenue and the number of customers you're serving. Once you've reached a certain critical mass of customers, you can usually tell that you're starting to hit product-market fit. However, this critical mass varies by industry and the type of customers you're targeting. For example, if you're building an app for a broad consumer market, you may need thousands of users. But for enterprise software, product-market fit may be reached with just a few dozen key customers. Compare customer engagement and retention with other available solutions on the market for product-market fit Revenue and the number of customers alone isn't always enough to determine if you're reaching product-market fit. The type of customer and the use case for your product also matter. The level of engagement with your product—how much time users are spending on the platform—is also an important metric to track. The more time they spend, the more likely it is that your product is meeting a crucial need. Another way to evaluate product-market fit is by assessing retention, i.e whether users are returning to your platform and relying on it consistently, as compared to other solutions available. That's another key indication that your solution is gaining traction in the market. Business Model & Monetisation Prioritise scalability Initially, we started with a consulting-type model where we tailor-made specific solutions for each customer use-case we encountered and delivered the CPG insights manually, but we soon realized that this wasn't scalable. The problem with consulting is that you need to do the same work repeatedly for every new project, which requires a large team to handle the workload. That is not how you sustain a high-growth startup. To solve this, we focused on building a product that would address the most common problems faced by our customers. Once built, this product could be sold to thousands of customers without significant overheads, making the business scalable. With this in mind, we decided on a SaaS (Software as a Service) business model. The benefit of SaaS is that once you create the software, you can sell it to many customers without adding extra overhead. This results in a business with higher margins, where the same product can serve many customers simultaneously, making it much more efficient than the consulting model. Adopt a predictable, simplistic business model for efficiency. Look to industry practices for guidance When it came to monetisation, we considered the needs of our CPG customers, who I knew from experience were already accustomed to paying annual subscriptions for sales databases and other software services. We decided to adopt the same model and charge our customers an annual upfront fee. This model worked well for our target market, aligning with industry standards and ensuring stable, recurring revenue. Moreover, our target CPG customers were already used to this business model and didn't have to choose from a huge variety of payment options, making closing sales a straightforward and efficient process. Marketing & Sales Educate the market to position yourself as a thought leader When we started, AI was not widely understood, especially in the CPG industry. We had to create awareness around both AI and its potential value. Our strategy focused on educating potential users and customers about AI, its relevance, and why they should invest in it. This education was crucial to the success of our marketing efforts. To establish credibility, we adopted a thought leadership approach. We wrote blogs on the importance of AI and how it could solve problems for CPG companies. We also participated in events and conferences to demonstrate our expertise in applying AI to the industry. This helped us build our brand and reputation as leaders in the AI space for CPG, and word-of-mouth spread as customers recognized us as the go-to company for AI solutions. It’s tempting for startups to offer products for free in the hopes of gaining early traction with customers, but this approach doesn't work in the long run. Free offerings don’t establish the value of your product, and customers may not take them seriously. You should always charge for pilots, even if the fee is minimal, to ensure that the customer is serious about potentially working with you, and that they are committed and engaged with the product. Pilots/POCs/Demos should aim to give a "flavour" of what you can deliver A paid pilot/POC trial also gives you the opportunity to provide a “flavour” of what your product can deliver, helping to build confidence and trust with the client. It allows customers to experience a detailed preview of what your product can do, which builds anticipation and desire for the full functionality. During this phase, ensure your product is built to give them a taste of the value you can provide, which sets the stage for a broader, more impactful adoption down the line. Fundraising & Financial Management Leverage PR to generate inbound interest from VCs When it comes to fundraising, our approach was fairly traditional—we reached out to VCs and used connections from existing investors to make introductions. However, looking back, one thing that really helped us build momentum during our fundraising process was getting featured in Tech in Asia. This wasn’t planned; it just so happened that Tech in Asia was doing a series on AI startups in Southeast Asia and they reached out to us for an article. During the interview, they asked if we were fundraising, and we mentioned that we were. As a result, several VCs we hadn’t yet contacted reached out to us. This inbound interest was incredibly valuable, and we found it far more effective than our outbound efforts. So, if you can, try to generate some PR attention—it can help create inbound interest from VCs, and that interest is typically much stronger and more promising than any outbound strategies because they've gone out of their way to reach out to you. Be well-prepared and deliberate about fundraising. Keep trying and don't lose heart When pitching to VCs, it’s crucial to be thoroughly prepared, as you typically only get one shot at making an impression. If you mess up, it’s unlikely they’ll give you a second chance. You need to have key metrics at your fingertips, especially if you're running a SaaS company. Be ready to answer questions like: What’s your retention rate? What are your projections for the year? How much will you close? What’s your average contract value? These numbers should be at the top of your mind. Additionally, fundraising should be treated as a structured process, not something you do on the side while juggling other tasks. When you start, create a clear plan: identify 20 VCs to reach out to each week. By planning ahead, you’ll maintain momentum and speed up the process. Fundraising can be exhausting and disheartening, especially when you face multiple rejections. Remember, you just need one investor to say yes to make it all worthwhile. When using funds, prioritise profitability and grow only when necessary. Don't rely on funding to survive. In the past, the common advice for startups was to raise money, burn through it quickly, and use it to boost revenue numbers, even if that meant operating at a loss. The idea was that profitability wasn’t the main focus, and the goal was to show rapid growth for the next funding round. However, times have changed, especially with the shift from “funding summer” to “funding winter.” My advice now is to aim for profitability as soon as possible and grow only when it's truly needed. For example, it’s tempting to hire a large team when you have substantial funds in the bank, but ask yourself: Do you really need 10 new hires, or could you get by with just four? Growing too quickly can lead to unnecessary expenses, so focus on reaching profitability as soon as possible, rather than just inflating your team or burn rate. The key takeaway is to spend your funds wisely and only when absolutely necessary to reach profitability. You want to avoid becoming dependent on future VC investments to keep your company afloat. Instead, prioritize reaching break-even as quickly as you can, so you're not reliant on external funding to survive in the long run. Team-Building & Leadership Look for complementary skill sets in co-founders When choosing a co-founder, it’s important to find someone with a complementary skill set, not just someone you’re close to. For example, I come from a business and commercial background, so I needed someone with technical expertise. That’s when I found my co-founder, Himanshu, who had experience in machine learning and AI. He was a great match because his technical knowledge complemented my business skills, and together we formed a strong team. It might seem natural to choose your best friend as your co-founder, but this can often lead to conflict. Chances are, you and your best friend share similar interests, skills, and backgrounds, which doesn’t bring diversity to the table. If both of you come from the same industry or have the same strengths, you may end up butting heads on how things should be done. Having diverse skill sets helps avoid this and fosters a more collaborative working relationship. Himanshu (left) and Somsubhra (right) co-founded AI Palette in 2018 Define roles clearly to prevent co-founder conflict To avoid conflict, it’s essential that your roles as co-founders are clearly defined from the beginning. If your co-founder and you have distinct responsibilities, there is no room for overlap or disagreement. This ensures that both of you can work without stepping on each other's toes, and there’s mutual respect for each other’s expertise. This is another reason as to why it helps to have a co-founder with a complementary skillset to yours. Not only is having similar industry backgrounds and skillsets not particularly useful when building out your startup, it's also more likely to lead to conflicts since you both have similar subject expertise. On the other hand, if your co-founder is an expert in something that you're not, you're less likely to argue with them about their decisions regarding that aspect of the business and vice versa when it comes to your decisions. Look for employees who are driven by your mission, not salary For early-stage startups, the first hires are crucial. These employees need to be highly motivated and excited about the mission. Since the salary will likely be low and the work demanding, they must be driven by something beyond just the paycheck. The right employees are the swash-buckling pirates and romantics, i.e those who are genuinely passionate about the startup’s vision and want to be part of something impactful beyond material gains. When employees are motivated by the mission, they are more likely to stick around and help take the startup to greater heights. A litmus test for hiring: Would you be excited to work with them on a Sunday? One of the most important rounds in the hiring process is the culture fit round. This is where you assess whether a candidate shares the same values as you and your team. A key question to ask yourself is: "Would I be excited to work with this person on a Sunday?" If there’s any doubt about your answer, it’s likely not a good fit. The idea is that you want employees who align with the company's culture and values and who you would enjoy collaborating with even outside of regular work hours. How we structure the team at AI Palette We have three broad functions in our organization. The first two are the big ones: Technical Team – This is the core of our product and technology. This team is responsible for product development and incorporating customer feedback into improving the technology Commercial Team – This includes sales, marketing, customer service, account managers, and so on, handling everything related to business growth and customer relations. General and Administrative Team – This smaller team supports functions like finance, HR, and administration. As with almost all businesses, we have teams that address the two core tasks of building (technical team) and selling (commercial team), but given the size we're at now, having the administrative team helps smoothen operations. Set broad goals but let your teams decide on execution What I've done is recruit highly skilled people who don't need me to micromanage them on a day-to-day basis. They're experts in their roles, and as Steve Jobs said, when you hire the right person, you don't have to tell them what to do—they understand the purpose and tell you what to do. So, my job as the CEO is to set the broader goals for them, review the plans they have to achieve those goals, and periodically check in on progress. For example, if our broad goal is to meet a certain revenue target, I break it down across teams: For the sales team, I’ll look at how they plan to hit that target—how many customers they need to sell to, how many salespeople they need, and what tactics and strategies they plan to use. For the technical team, I’ll evaluate our product offerings—whether they think we need to build new products to attract more customers, and whether they think it's scalable for the number of customers we plan to serve. This way, the entire organization's tasks are cascaded in alignment with our overarching goals, with me setting the direction and leaving the details of execution to the skilled team members that I hire.

Practical tips on hiring the best people? Which country? Remote vs. In Person?

Hi Reddit, I run a tech startup that's grown to $20M ARR. While we are relatively big, we are incredibly cash strapped till Q3 due to debt we took on last year and are currently paying back. In Q3, I'll finally have a large budget to sit and focus on building out our team. Now I'm trying to figure out: what are the optimal circumstances? We really screwed it up with our first batch of key hires after our seed round: US Product Manager, US Head of Customer Success - quit; US Head of Sales, US Head of Engineering - fired. We've built a mostly B or C team, and it really annoys me. We are slow, we are not up for big challenges, and people are, on average, not that brilliant. Out of our nearly 150 employees, I think I have ONE A player. However, they are also functioning at 60%. We are building additional "brands" this year, so there might be a way to separate a higher performing culture into our second brand. I have 3 questions, might seem relatively basic, but as we did such a bad job the first time around, I'd love to learn what you all think! I'm trying to build an optimal team with A-players! Q1: Today we are fully remote, should I get an in person office going? In which city? Q2: In general, which city should I hire talent from? I live in San Francisco and sometimes LA, but find the culture here generally too laid back. New York? But to keep a high quality, let's say, marketer, interested long term, they're going to want $200-220k base (and that's not even that competitive). While that is fine, it will slow down my intended plan for hiring. London? Salaries are comparatively much lower, and talent quality is still pretty high, but I am a little unsure of the work culture. In terms of budget, I'd love to aim for $150-180k/key hire and to go as high as $300k if appropriate. Q3: Should I be hiring people with 20 years of relevant experience? 2-3 years with a hunger to prove themselves? Fresh grads we can mould into whatever we need? As for what exactly I'm trying to hire for, lots of key hires: department heads, digital marketers, content people, engineers, AI engineers, operations people, strategy people, and more. I don't know enough about all the working cultures in these places, but I want to find and incentivize people who are willing to own and take responsibility for an area of the business, be trusted to make good decisions, and view it as their responsibility to improve their areas drastically, more than the typical 9-5. I feel today's workforce is not content with base + light equity, and maybe we should consider tying an unlimited-upside incentive to a relevant KPI to incentivize people working harder than just "what is required"? (edit: I know might get some hate for this "work harder than 9-5" mentality, but to clarify, I'm trying to figure out what incentive structures will naturally attract the type of person that wants this type of working life) What do you think? Also, any other practical tips for finding awesome people like this? edit: hooooly! this thread blew up. I'll do my best to reply to everyone, thank you for all your responses!

Behind the scene : fundraising pre-seed of an AI startup

A bit of feedback from our journey at our AI startup. We started prototyping stuff around agentic AI last winter with very cool underlying tech research based on some academic papers (I can send you links if you're interested in LLM orchestration). I'm a serial entrepreneur with 2x exits, nothing went fancy but enough to keep going into the next topic. This time, running an AI project has been a bit different and unique due to the huge interest around the topic. Here are a few insights. Jan \~ Mar: Research Nothing was serious, just a side project with a friend on weekends (the guy became our lead SWE). Market was promising and we had the convinction that our tech can be game changer in computer systems workflows. March \~ April: Market Waking Up Devin published their pre-seed $20m fundraising led by Founders Fund; they paved the market with legitimacy. I decided to launch some coffee meetings with a few angels in my network. Interest confirmed. Back to work on some more serious early prototyping; hard work started here. April \~ May: YC S24 (Fail) Pumped up by our prospective angels and the market waking up on the agentic topic, I applied to YC as a solo founder (was still looking for funds and co-founders). Eventually got rejected (no co-founder and not US-based). May \~ July: VC Dance (Momentum 1) Almost randomly at the same time we got rejected from YC, I got introduced to key members of the VC community by one of our prospective angels. Interest went crazy... tons of calls. Brace yourself here, we probably met 30\~40 funds (+ angels). Got strong interests from 4\~5 of them (3 to 5 meetings each), ultimately closed 1 and some interests which might convert later in the next stage. The legend of AI being hype is true. Majority of our calls went only by word of mouth, lots of inbounds, people even not having the deck would book us a call in the next 48h after saying hi. Also lots of "tourists," just looking because of AI but with no strong opinion on the subject to move further. The hearsay about 90% rejection is true. You'll have a lot of nos, ending some days exhausted and unmotivated. End July: Closing, the Hard Part The VC roadshow is kind of an art you need to master. You need to keep momentum high enough and looking over-subscribed. Good pre-seed VC deals are over-competitive, and good funds only focus on them; they will have opportunities to catch up on lost chances at the seed stage later. We succeeded (arduously) to close our 18\~24mo budget with 1 VC, a few angels, and some state-guaranteed debt. Cash in bank just on time for payday in August (don't under-estimate time of processing) Now: Launching and Prepping the Seed Round We're now in our first weeks of go-to-market with a lot of uncertainty but a very ambitious plan ahead. The good part of having met TONS of VCs during the pre-seed roadshow is that we met probably our future lead investors in these. What would look like a loss of time in the initial pre-seed VC meetings has been finally very prolific, helping us to refine our strategy, assessing more in-depth the market (investors have a lot of insights, they meet a lot of people... that's their full-time job). We now have clear milestones and are heading to raise our seed round by end of year/Q1 if stars stay aligned :) Don't give up, the show must go on.

How to get funding for startup ? I will not promote

I will not promote. Software startup based out of Minnesota us. I've built and launched a product that is gaining traction, solving a problem that has frustrated software developers and product teams for years. The problem: Software development is slow, expensive, and full of inefficiencies. Developers spend hours on repetitive coding tasks, project managers struggle with bottlenecks, and businesses waste time translating product requirements into actual code. The solution: My product automates a large portion of software development. It acts as an AI-powered assistant for developers, taking high-level requirements and turning them into functional code while integrating with existing codebases. It can read, understand, and modify software projects in a structured way—cutting development time drastically. The potential: Businesses are always looking for ways to cut costs and speed up development. With the rise of AI, companies are increasingly adopting automation, and this tool fits perfectly into that wave. Imagine a world where software teams are 10x more efficient because AI handles the grunt work, and developers focus on the bigger picture. It’s not about replacing developers—it’s about supercharging them. The current status: The product is live and in use. The user base is growing, and I’ve proven demand. Now, I need to figure out the best funding model to scale—whether that’s bootstrapping, VC, grants, or some hybrid approach. If you have experience in startup funding or have scaled a tech product, I'd love to hear your insights. DM me if you're open to discussing strategies!

No revenue for 6 months, then signed $10k MRR in 2 weeks with a new strategy. Here’s what I changed.

This is my first company so I made A LOT of mistakes when starting out. I'll explain everything I did that worked so you don't have to waste your time either. For context, I built a SaaS tool that helps companies scale their new client outreach 10x (at human quality with AI) so they can secure more sales meetings. Pricing I started out pricing it way too low (1/10 as much as competitors) so that it'd be easier to get customers in the beginning. This is a HUGE mistake and wasted me a bunch of time. First, this low pricing meant that I was unable to pay for the tools I needed to make sure my product could be great. I was forced to use low-quality databases, AI models, sending infrastructure -- you name it. Second, my customers were less invested in the product, and I received less input from them to make the product better. None ended up converting from my free trial because my product sucked, and I couldn't even get good feedback from them. I decided to price my product much higher, which allowed me to use best-in class tools to make my product actually work well. Outreach Approach The only issue is that it's a lot harder to get people to pay $500/month than $50/month. I watched every single video on the internet about cold email for getting B2B clients and built up an outbound MACHINE for sending thousands of emails a day. I tried all the top recommended sales email formats and tricks (intro, painpoint, testimonial, CTA, etc). Nothing. I could send 1k emails and get a few out of office responses and a handful of 'F off' responses. I felt bad and decided I couldn't just spam the entire world and expect to make any progress. I decided I needed to take a step back and learn from people who'd succeeded before in sales. I started manually emailing CEOs/founders that fit my customer profile with personal messages asking for feedback on my product -- not even trying to sell them anything. Suddenly I was getting 4-6 meetings a day and just trying to learn from them (turns out people love helping others). And without even prompting, many of them said 'hey, I actually could use this for my own sales' and asked how they could start trying it out. That week I signed 5 clients between $500-$4k/month (depending how many contacts they want to reach). I then taught my product to do outreach the same way I did that worked (include company signals, make sure the person is a great match with web research, and DONT TALK SALESY). Now, 6 of my first 10 clients (still figuring out who it works for, lol) have converted from the free trial and successfully used it to book sales meetings. I'm definitely still learning, but this one change in my sales approach changed everything for me, so I wanted to share. If anyone has any other tips/advice that changed their business's sales, would love to hear!

Exploring PPC and Other Online Business Ideas: Strategies, Market Insights, and AI Integrationl

I'm interested in starting an online PPC business and would appreciate any advice on how to begin. Where can I find comprehensive resources to learn the required skills? Are there any reports that provide insights into market sectors and the level of competition within them? What is the profit potential in this field? Which PPC platforms (e.g., Google, Yahoo) are best suited for different market areas? I've noticed many companies in my country achieving significant profits in this industry, and I'm eager to study it thoroughly to pursue similar success. I'm also curious about how AI can be effectively applied in PPC. I have a background in physics and computer science and extensive experience as an algorithm developer, primarily using Python for image processing. I'm open to exploring other online business ideas as well, so any additional suggestions or recommendations would be highly appreciated.

100 AI-Driven Businesses Later… Here’s the Truth No One Tells You! (I will not promote)

I analyzed 100 businesses across industries that implemented AI, and here’s what I found! Most businesses use AI for: Marketing automation (15%) – email copy, ad creatives, SEO research (ChatGPT, Jasper, Copy.ai) Customer support (12%) – AI chatbots handling up to 70% of inquiries before escalation (Intercom, Drift) Data analysis & insights (10%) – AI summarizing reports, trends in seconds (Tableau AI, ChatGPT for spreadsheets) Sales prospecting (10%) – lead scoring, automated outreach (Apollo.io, HubSpot AI) Workflow automation (8%) – connecting tools and automating repetitive tasks (Zapier, Make.com) Biggest AI adoption challenges: 20% couldn’t decide which AI solution would give the highest ROI 15% faced technical difficulties like integration with existing systems 10% struggled to choose the right tools from too many options Honestly, a lot of businesses waste time on AI solutions that don’t align with their needs. I made a quick questionnaire to help find the right ones tailored to your needs. Let me know if you want to check it out.

For the Herd-Investor(Formerly Me)

Hey guys. my friend and I developed a model that looks over SEC filings and instead of just summarizing what they say like the existing “AI” solutions do(which are really just read-write programs), it infers and reads between the lines and analyzes what type of strategy the company is using(revenue recognition timing, the company's history,etc.) and many other factors. We used a different approach. Instead of basically making a GPT wrapper, we trained it from scratch based on not only summarizing filings but inferring on key information that is glossed over a lot. We plan to scale this into a model that accounts for not only filings, but recent news, public sentiment, and other factors. And instead of people having to upload files to get analyzed, we plan to automatically aggregate files on all public companies on the US markets and train the model on those to provide a one- stop shop financial search engine platform for retail investors to access digestable financial information(like an AlphaSense but for retail investors) because right now, the average retail investor has to access on average 5 services to get this info and then has to interpret the info as well. Obviously, the retail investor these days is also tied to a sense of community so plan to implement a moderated almost newletter like platform where verified creators can publish posts regarding their interests to further serve the retail investor. The gist is basically simplifying high-level finance to the point where the beginner investor can understand while preserving the technical value. Do you guys have any extra thoughts on this? I am trying to ask if you guys would actually pay for a service like this, and what it should additionally offer to make it more valuable to the average retail investor. Thanks again!

From “Green” to “Smart” – Tom Gorski’s Word of Advice

Sharing this interview with entrepreneur Tom Gorski. I think it contains a few nice tips for beginner entrepreneurs. What is the problem with the term “Green?” what are the top 3 mistakes entrepreneurs make that can prevent them from enjoying the sweet taste of success? And what should young entrepreneurs always keep in mind? Continuing our expert interview series, we asked entrepreneur Tom Gorski to share some of his secrets to success with us. Gorski is the CEO and Co-Founder at SaaSGenius.com, and an Inbound Marketer & Growth Hacker at InboundWay.com. His career spans over 12 years of developing and implementing online marketing, SEO and conversion optimization campaigns. He defines his biggest accomplishment to date as “achieving 4500% growth for one of my clients over a three­year period.” logo-saasgenius Q: It’s no secret that the SaaS market is saturated, as new companies are having very hard time acquiring, retaining and monetizing users. In your view – what are the top 3 mistakes SaaS companies make? What are some key differentiators you recognize in a successful product? A: Mistake No. 1: Product-market fit is not good enough There are a number of reasons for this, including the fact that inertia, incumbency and bureaucracy are all working against you. For emerging companies, this means finding a way to be exponentially better with fewer resources. As a result, focus is key. Mistake No. 2: Not Specializing Your Sales Roles When you specialize your sales people, you allow them to focus, which creates greater output form your sales team. Mistake No. 3: You Need a Niche To be able to market and sell well, you need to have a niche. The world is noisy and messy, and you’ll struggle if you don’t have a sharp, direct message. When you try to speak to everyone, no one can hear you. Q: Which innovative trends do you recognize in the high tech world nowadays? A: “Green” was a mega trend of the last decade and while it will continue to be very important, there will be a shift towards “smart” solutions, which are intelligent, connected and have the ability to sense, report, and take the right action. Smart solutions will be everywhere around us from smart clothing, phones, to smart homes and smart cities. Q: What is the most significant advice you can give young entrepreneurs? A: Being very successful means learning from those who have already achieved success. Having a mentor is an amazing blessing to an entrepreneur, but not everyone can find one in person. My advice is to work smarter, not harder. This is the most non-intuitive observation I will probably make. If you want to compete in the arena, hard work isn’t enough. And judging yourself on how hard you work, rather than how smart you work can be fatal. Q: We are flooded with buzzwords lately – VR / AI / Bots… where do you think the software world is heading? A: AI and bots are a very hot topic in 2016 and it’s sometimes hard to distinguish the real potential behind the hype. My point of view is that, like with many things, there’s no revolution but evolution. It’s unrealistic to think that AI can become mainstream in SaaS products without proper AI infrastructure. SaaS delivery will significantly outpace traditional software product delivery, growing nearly five times faster than the traditional software market and will become a significant growth driver for all functional software markets. By 2019, the SaaS software model will account for $1 of every $4 spent on software. Q: Let us in on some of your secrets… where do you look for innovation? For inspiration and revolutionary ideas? A: Ideas for new startups often begin with a real problem that needs to be solved. And they don’t come while you’re sitting around sipping coffee and contemplating life. They tend to reveal themselves while you’re at work on something else. Start with brainstorming with problems that you are personally invested in. Building a business is hard and takes the kind of relentless dedication that comes from personal passion. Perhaps the greatest factor that determines whether or not an entrepreneur will be successful isn’t the business idea itself, but rather the entrepreneur’s willingness to try to turn the idea into reality. Great ideas are abundant, but it’s what we decide to do with them that counts. Original post: http://saasaddict.walkme.com/from-green-to-smart-tom-gorskis-words-of-advice/

Building in the open with Founder University - I will not promote

Published Oct 30, 2024 I am on my fifth startup. I ran the last one for a decade, that’s a whole story. A hell of a story. But a different story. I’ll tell it to you when I can, but not right now. The one before that was an e-commerce site that did pretty well but I didn’t love it. Before that were two service businesses. The first one I did for the love of the game, the second one was an attempt to make people stop asking me to fix their computer by charging them outrageous prices, which backfired horribly when they were eager to pay. None are relevant except to say I’ve been around the block and have the scars to prove it. When it was time to get back out there, I wanted to use all I’ve learned to do better. Before I talk about what those lessons produced, I’m going to talk about what those lessons were. Cause before effect, after all. One thing I wanted to do better this time was pattern matching - making the startup look the way that the industry and investors “expect” a startup to look. My last startup was an awesome idea with awesome tech (still is, but like I said, another story), but that one didn’t match patterns. It didn’t match investor patterns, industry buying patterns, patterns of existing, immediate, recognized and admitted needs. Because it didn’t “look” right to anyone, everything about it was way harder than necessary. The “make it look right” approach runs the risk of building a cargo cult, imitating the trappings of something but without understanding the essence of that something, but then again, a thing that looks like a knife is going to make a better knife that a thing that looks like a bowling ball, so sometimes just sharing apparent similarities can get you pretty far, even if it doesn’t get you all the way there. Like how mimicking someone’s accent makes it easier for them to understand you. For this one, I wanted to adopt every tool, method, and pattern that I knew “the industry” wanted to see to minimize the friction from development, go-to-market, scaling, adoption, and that would make investment optional (and, therefore, available if desired) instead of necessary (and, therefore, largely unavailable). That required establishing some expectations for successful patterns I could match against. What patterns am I matching to? Here’s a general sketch of my pattern matching thought process: Software first and software only. It’s the easiest industry to start a business in, lowest startup costs, and easiest customer acquisition. I wanted to build software for an element of the industry that’s actively emerging (and therefore has room to grow) and part of an optimistic investor thesis (and therefore has a cohort of people who are intent on injecting capital into the market to help it grow). It needs to fills a niche that is underexplored (low competition) and highly potent (lots of opportunity), while being aligned to recognized and emerging needs within the industry (readily adopted). I wanted it to have evidence supporting the business thesis that proves the demand exists, but demonstrates that the demand is unanswered (as of yet) by sufficient or adequate supply.* I wanted the lowest number of dominoes to line up and tip for everything to work correctly - the more dominoes in the line, the less likely the last one will fall. I wanted to implement modern toolsets for everything, wherever possible. I wanted to obey the maxim, “When there’s a gold rush, don’t mine the gold, sell the picks and shovels.” Whatever I chose would need to produce cash flow almost immediately with minimal development time or go-to-market delays, because the end of ZIRP killed the “trust me bro” investment thesis predominant over the last 15 years. I wanted to match to YC best practices, not because YC can predict what will definitely work, but because they’ve churned through so many startups in the last 15 years that they have a good sense of what will definitely not work. And I wanted to build client-centric, because if my intent is to to produce cash flow immediately, we need to get clients immediately, and if we need to get clients immediately, we need to focus on what clients need right now. Extra credit: What’s the difference between a customer and a client? Note: Competition is awesome! Competition is validating and not scary, because competition proves a market exists. But competition, especially mature competition against an immature startup, makes it harder to break into a space. A first mover advantage isn’t everything, but seeing demand before it’s sufficiently supplied is a great advantage if you’re capital constrained or otherwise unproven. Think about how much money the first guy to sell fidget spinners or Silly Bandz made versus how much money the last guy to order a pallet of each made. Finding demand that exists already but is as of yet insufficiently satisfied is a great place to start. What opportunity spaces are most relevant? The industries and markets I chose to observe were: AI, because if I’m following a theme & pattern for today, it’s AI. Fintech, because cash is king, and fintech puts your hands on cash flow. Crypto/blockchain, because that’s the “new” fintech (or maybe the “old-new” fintech?), and crypto creates powerful incentives and capital formation strategies, along with a lot of flexibility for transaction systems. Tools, particularly unmet demand in tools, that enable these industries. If you wanted to do some brief and simple homework, you could map each of those bullets to several of the numbered list items preceding them. The reasoning was pretty simplistic - AI is what people want to build and invest in now, while fintech and crypto/blockchain are what people were building and investing in for the last major investment thesis. That means that there’s demand in the market for AI and AI-adjacent startups, while there’s a glut of underutilized and highly developed tools within fintech and crypto/blockchain, with a lot of motivated capital behind the adoption. When someone is thinking “I built this thing and not enough people are using it”, and you then build something that uses it creates a great way to find allies. This rationale harnesses technology that is being built and financed now (which means it needs tools and support methods, and a lot of other “picks and shovels”), while leveraging technology that was recently built and financed and is eager for more widespread adoption of the existing toolkits, which makes it suitable for using to build the AI-adjacent tools that are in demand now. It’s like two harmonics producing constructive interference - it makes two waves into one larger wave, which gives me more momentum to surf against. This was a learning process, and I iterated against my general paradigm repeatedly as I learned more. Neither of us have the patience to go through that in excruciating detail, so I’ll cover the highlights in my next post. Extra credit answer: A customer gets a product, a client gets a service. Challenge: Is software a product or a service?

Upselling from $8/mo to $2k/mo

I just closed a client for $1947/mo. But 5 months ago he was spending only $8/mo. Most customers have way more purchasing power than you think. Unlock it with the power of stacking. Here's my 3-steps stacking formula: Step 1 - Build trust with a low-ticket product In a world full of scams and deceit, building trust is damn hard. The best way to combat skepticism is through a free or low-ticket product, where you can go above and beyond to demonstrate your credibility. When I first onboarded this client onto my SaaS, an AI to help you with HARO link-building, my product was at a very early stage with many rough edges. He gave me lots of great feedback. I implemented his suggestions the same day and got more feedback from him. After a couple of back-and-forths, I established myself as a trustworthy hustler, instead of just a stranger online. This is easy to do for an agile startup but impossible for big companies, so make good use of opportunities like this to build long-term relationships. Turn your customers into raving fans. Step 2 - Validate a mid-ticket offer Three months into his subscription, he told me he wanted to cancel. When digging into the why, he suggested a performance-based DFY service to remove all the work on his end. Inspired by his suggestion, I took on him and 6 other clients for $237, a one-time package for 1 backlink. It's sold through my newsletter email blast to 300 subscribers, with a total CAC of $0. I wrote about the details of this launch in another long form. At this price range, impulsive purchases can still happen if you have a strong offer and good copywriting. Use this mid-ticket offer to validate your offer and positioning, build out a team, and establish trust. We went beyond the 1 link for almost all our clients, including this one in particular. For $237, we got him on Forbes, HubSpot, 2 DR50+ sites, and a few other smaller media outlets. By doing this, we further built trust into the relationship and established authority in what we do. Step 3 - Create a high-ticket subscription-based offer By now, you'll hopefully have built enough trust to get through the skepticism filter for something high-ticket. Now, it's time to develop an offer that amplifies your previous one. Something that allows you to let your clients achieve their goals to the maximum extent. For me, this is pitching every relevant media query on every platform for this client every day, to leverage HARO link-building to its full extent, all for a fixed price of $1947/mo. This customized offer is based on direct client feedback, isn't publicized on our website, but we're confident it will directly contribute to achieving this client's goal. A subscription-based offer is much superior because it allows you to create a stable source of revenue, especially at the early stage. That's how I created 3 different offers to solve the same problem for one client. By stacking each offer on top of the previous one, I was able to guide clients from one option to the next. This formula isn't some new rocket science I came up with. It's proven over and over again by other agency owners building in public, like Nick from Baked Design who started with a $9 design kit and now sells $9k/mo design subscriptions at $1M ARR. By stacking offers, you position yourself as a committed partner in your client's long-term success. Lastly, I want to address a common objection: "My customers can't afford $2k/month." But consider this: most people are reading your site on their $3000 MacBook or $1000 iPhone. It's not that they lack the funds, it's more likely that your service isn't meeting their expectations. Talk to them to discover the irresistible offer they'll gladly pay for. Update: lots of DM asking about more specifics so I wrote about it here. https://coldstartblueprint.com/p/ai-agent-email-list-building

Content aggregation that acts as a middleman for content discovery via third-party marketplace & revenue sharing (i will not promote but I'm looking for fellow researchers)

High level I’m considering a content aggregation business model, but one that acts as an open marketplace where third party devs and where world class data scientists compete to build the best recommenders for different use cases. (E.g. the incentives can be ad revenue sharing or subscription based for niche professional markets.) The idea is to facilitate more bottom up innovation from third party data scientists. The platform itself just acts as the middleman. (Also something that strips out original ads and makes it easy to skip paid sponsorship sections would be great.)  I’ve seen startups building web crawlers and content aggregation systems for other AI startups. My proposal is better in the sense that third party devs are instead responsible for implementing whatever questionable hacks are necessarily to scrape platforms that don’t necessarily want to be scraped.  Personally, I’m more concerned about getting the right information than ever before, to this end I can’t rely on platform specific recommenders. The solution is more bottom up innovation in content promotion. More generally, if you’re also concerned about consuming game changing information that’s too easily missed: we need a platform that incentivizes bottom up innovation of content promotion. What we need is a platform that functions like a marketplace where third party devs and where world class data scientists compete to build the best recommenders for different use cases. Here’s some elevator pitches I’m considering:  Did you know that the magic behind YouTube is its recommendation engine? Now, imagine an open platform where independent engines compete to deliver the most personalized content feed—from news to local events—directly to you. Interested in rethinking how we find content? “In today’s fragmented digital landscape, a single platform no longer holds sway over content discovery. The Network Effect is dead: audiences are more mobile than ever; and big tech killed it. In such a fragmented landscape we’re building a bottom-up, decentralized marketplace for recommendation engines—a solution that taps into diverse revenue streams through subscriptions, ad revenue, and affiliate partnerships. Invest in the future of personalized content aggregation.” “Are you a developer passionate about algorithms and content discovery? Our open marketplace lets you build and monetize your own recommendation engine, competing to deliver the most engaging, personalized feeds. Join a revolution where your innovation can directly shape how the world finds content.” “Are you tired of being told what to watch or read by one mysterious algorithm? Imagine taking control—choosing from a marketplace of smart recommendation engines that curate content just for you. It’s a revolution in content discovery where you hold the power.” (As a Utahn this one is interesting because even mormons are talking about the dangers of “doom scrolling” though it’s seldom discussed in society at large.) As far as simple hooks I’m considering:  One platform to rule them all and in the darkness bind them.  Choose how you discover—content recommenders that work for you.  The area where recommender engines battle to win your feed. Request I would love to start prototyping this idea and see what else I can uncover from such preliminary research. But I want to get a couple other likeminded individuals onboard.  I'm the best when it comes to iOS/macOS development, but there's tons of backend work that needs to be done which I wouldn’t have the time for if i'm focused on the native clients. Who am I 'ideally' looking for?  I’ve heard of weird stats to the effect that if you scale up a population to billions of people, the number of life overlaps starts skyrocketing. Not just physical lookalikes, but people with eerily similar life paths, personalities, habits, and even thoughts — without ever knowing each other. Where are my clones? Such is whom I’m looking for in an ideal world.  Take a hunch  People nowadays have no concept of going out on a limb, taking a ‘hunch’, and backing their instincts. Everything has to be calculated, proven, and guaranteed before they make a move. In contrast consider the success of the Chinese DeepSeek project: According to Asianometry’s YouTube video on DeepSeek, their “memory-saving multi-head latent architecture” (whatever that means, just quoting the name) came about from a researchers ‘hunch’, which the company bet big on and the result was drastically improved performance on low end hardware…  Here in the west the idea of betting on a hunch is inconceivable. We have no balls to chase long term insights. My own instincts when it comes to software is such because I’ve wasted too much of my life on small scale projects. All I’m trying to do is attempt a more scaled up experiment based on some hunches with me and a few other likeminded individuals.  Just as the early oil prospectors didn’t have precise maps—just intuition and test drills. They had to drill, analyze the pressure, and adjust. The best oil fields weren’t found by foresight alone, but by adaptive exploration. The startup space itself is liken to the first prospectors who got the gold nuggets lying in the riverbed. In such an environment moving first has its advantages but nowadays I wish I could have all those shitty ‘engineers’ sent to their maker.  Today the reality is such that you’ve got to dig deep—where vast stores of wealth can be found—or go home, and those who dig into the depths cannot use mere forethought, for what lies beneath cannot be seen by the mind’s eye.  I will not promote but I'm looking for fellow research oriented minds.

I spent 6 months on building a tool, and got 0 zero users. Here is my story.

Edit Thank you all so much for your time reading my story. Your support, feedback, criticism, and skepticism; all helped me a lot, and I couldn't appreciate it enough \^\_\^ TL;DR I spent 6 months on a tool that currently has 0 users. Below is what I learned during my journey, sharing because I believe most mistakes are easily avoidable. Do not overestimate your product and assume it will be an exception to fundamental principles. Principles are there for a reason. Always look for validation before you start. Avoid building products with a low money-to-effort ratio/in very competitive fields. Unless you have the means, you probably won't make it. Pick a problem space, pick your target audience, and talk to them before thinking about a solution. Identify and match their pain points. Only then should you think of a solution. If people are not overly excited or willing to pay in advance for a discounted price, it might be a sign to rethink. Sell one and only one feature at a time. Avoid everything else. If people don't pay for that one core feature, no secondary feature will change their mind. Always spend twice as much time marketing as you do building. You will not get users if they don't know it exists. Define success metrics ("1000 users in 3 months" or "$6000 in the account at the end of 6 months") before you start. If you don't meet them, strongly consider quitting the project. If you can't get enough users to keep going, nothing else matters. VALIDATION, VALIDATION, VALIDATION. Success is not random, but most of our first products will not make a success story. Know when to admit failure, and move on. Even if a product of yours doesn't succeed, what you learned during its journey will turn out to be invaluable for your future. My story So, this is the story of a product, Summ, that I’ve been working on for the last 6 months. As it's the first product I’ve ever built, after watching you all from the sidelines, I have learned a lot, made many mistakes, and did only a few things right. Just sharing what I’ve learned and some insights from my journey so far. I hope that this post will help you avoid the mistakes I made — most of which I consider easily avoidable — while you enjoy reading it, and get to know me a little bit more 🤓. A slow start after many years Summ isn’t the first product I really wanted to build. Lacking enough dev skills to even get started was a huge blocker for so many years. In fact, the first product I would’ve LOVED to build was a smart personal shopping assistant. I had this idea 4 years ago; but with no GPT, no coding skills, no technical co-founder, I didn’t have the means to make it happen. I still do not know if such a tool exists and is good enough. All I wanted was a tool that could make data-based predictions about when to buy stuff (“buy a new toothpaste every three months”) and suggest physical products that I might need or be strongly interested in. AFAIK, Amazon famously still struggles with the second one. Fast-forward a few years, I learned the very basics of HTML, CSS, and Vanilla JS. Still was not there to build a product; but good enough to code my design portfolio from scratch. Yet, I couldn’t imagine myself building a product using Vanilla JS. I really hated it, I really sucked at it. So, back to tutorial hell, and to learn about this framework I just heard about: React.React introduced so many new concepts to me. “Thinking in React” is a phrase we heard a lot, and with quite good reasons. After some time, I was able to build very basic tutorial apps, both in React, and React Native; but I have to say that I really hated coding for mobile. At this point, I was already a fan of productivity apps, and had a concept for a time management assistant app in my design portfolio. So, why not build one? Surely, it must be easy, since every coding tutorial starts with a todo app. ❌ WRONG! Building a basic todo app is easy enough, but building one good enough for a place in the market was a challenge I took and failed. I wasted one month on that until I abandoned the project for good. Even if I continued working on it, as the productivity landscape is overly competitive, I wouldn’t be able to make enough money to cover costs, assuming I make any. Since I was (and still am) in between jobs, I decided to abandon the project. 👉 What I learned: Do not start projects with a low ratio of money to effort and time. Example: Even if I get 500 monthly users, 200 of which are paid users (unrealistically high number), assuming an average subscription fee of $5/m (such apps are quite cheap, mostly due to the high competition), it would make me around $1000 minus any occurring costs. Any founder with a product that has 500 active users should make more. Even if it was relatively successful, due to the high competition, I wouldn’t make any meaningful money. PS: I use Todoist today. Due to local pricing, I pay less than $2/m. There is no way I could beat this competitive pricing, let alone the app itself. But, somehow, with a project that wasn’t even functional — let alone being an MVP — I made my first Wi-Fi money: Someone decided that the domain I preemptively purchased is worth something. By this point, I had already abandoned the project, certainly wasn’t going to renew the domain, was looking for a FT job, and a new project that I could work on. And out of nowhere, someone hands me some free money — who am I not to take it? Of course, I took it. The domain is still unused, no idea why 🤔. Ngl, I still hate the fact that my first Wi-Fi money came from this. A new idea worth pursuing? Fast-forward some weeks now. Around March, I got this crazy idea of building an email productivity tool. We all use emails, yet we all hate them. So, this must be fixed. Everyone uses emails, in fact everyone HAS TO use emails. So, I just needed to build a tool and wait for people to come. This was all, really. After all, the problem space is huge, there is enough room for another product, everyone uses emails, no need for any further validation, right? ❌ WRONG ONCE AGAIN! We all hear from the greatest in the startup landscape that we must validate our ideas with real people, yet at least some of us (guilty here 🥸) think that our product will be hugely successful and prove them to be an exception. Few might, but most are not. I certainly wasn't. 👉 Lesson learned: Always validate your ideas with real people. Ask them how much they’d pay for such a tool (not if they would). Much better if they are willing to pay upfront for a discount, etc. But even this comes later, keep reading. I think the difference between “How much” and “If” is huge for two reasons: (1) By asking them for “How much”, you force them to think in a more realistic setting. (2) You will have a more realistic idea on your profit margins. Based on my competitive analysis, I already had a solution in my mind to improve our email usage standards and email productivity (huge mistake), but I did my best to learn about their problems regarding those without pushing the idea too hard. The idea is this: Generate concise email summaries with suggested actions, combine them into one email, and send it at their preferred times. Save as much as time the AI you end up with allows. After all, everyone loves to save time. So, what kind of validation did I seek for? Talked with only a few people around me about this crazy, internet-breaking idea. The responses I got were, now I see, mediocre; no one got excited about it, just said things along the lines of “Cool idea, OK”. So, any reasonable person in this situation would think “Okay, not might not be working”, right? Well, I did not. I assumed that they were the wrong audience for this product, and there was this magical land of user segments waiting eagerly for my product, yet unknowingly. To this day, I still have not reached this magical place. Perhaps, it didn’t exist in the first place. If I cannot find it, whether it exists or not doesn’t matter. I am certainly searching for it. 👉 What I should have done: Once I decide on a problem space (time management, email productivity, etc.), I should decide on my potential user segments, people who I plan to sell my product to. Then I should go talk to those people, ask them about their pains, then get to the problem-solving/ideation phase only later. ❗️ VALIDATION COMES FROM THE REALITY OUTSIDE. What validation looks like might change from product to product; but what invalidation looks like is more or less the same for every product. Nico Jeannen told me yesterday “validation = money in the account” on Twitter. This is the ultimate form of validation your product could get. If your product doesn’t make any money, then something is invalidated by reality: Your product, you, your idea, who knows? So, at this point, I knew a little bit of Python from spending some time in tutorial hell a few years ago, some HTML/CSS/JS, barely enough React to build a working app. React could work for this project, but I needed easy-to-implement server interactivity. Luckily, around this time, I got to know about this new gen of indie hackers, and learned (but didn’t truly understand) about their approach to indie hacking, and this library called Nextjs. How good Next.js still blows my mind. So, I was back to tutorial hell once again. But, this time, with a promise to myself: This is the last time I would visit tutorial hell. Time to start building this "ground-breaking idea" Learning the fundamentals of Next.js was easier than learning of React unsurprisingly. Yet, the first time I managed to run server actions on Next.js was one of the rarest moments that completely blew my mind. To this day, I reject the idea that it is something else than pure magic under its hood. Did I absolutely need Nextjs for this project though? I do not think so. Did it save me lots of time? Absolutely. Furthermore, learning Nextjs will certainly be quite helpful for other projects that I will be tackling in the future. Already got a few ideas that might be worth pursuing in the head in case I decide to abandon Summ in the future. Fast-forward few weeks again: So, at this stage, I had a barely working MVP-like product. Since the very beginning, I spent every free hour (and more) on this project as speed is essential. But, I am not so sure it was worth it to overwork in retrospect. Yet, I know I couldn’t help myself. Everything is going kinda smooth, so what’s the worst thing that could ever happen? Well, both Apple and Google announced their AIs (Apple Intelligence and Google Gemini, respectively) will have email summarization features for their products. Summarizing singular emails is no big deal, after all there were already so many similar products in the market. I still think that what truly matters is a frictionless user experience, and this is why I built this product in a certain way: You spend less than a few minutes setting up your account, and you get to enjoy your email summaries, without ever visiting its website again. This is still a very cool concept I really like a lot. So, at this point: I had no other idea that could be pursued, already spent too much time on this project. Do I quit or not? This was the question. Of course not. I just have to launch this product as quickly as possible. So, I did something right, a quite rare occurrence I might say: Re-planned my product, dropped everything secondary to the core feature immediately (save time on reading emails), tried launching it asap. 👉 Insight: Sell only one core feature at one time. Drop anything secondary to this core feature. Well, my primary occupation is product design. So one would expect that a product I build must have stellar design. I considered any considerable time spent on design at this stage would be simply wasted. I still think this is both true and wrong: True, because if your product’s core benefits suck, no one will care about your design. False, because if your design looks amateurish, no one will trust you and your product. So, I always targeted an average level design with it and the way this tool works made it quite easy as I had to design only 2 primary pages: Landing page and user portal (which has only settings and analytics pages). However, even though I knew spending time on design was not worth much of my time, I got a bit “greedy”: In fact, I redesigned those pages three times, and still ended up with a so-so design that I am not proud of. 👉 What I would do differently: Unless absolutely necessary, only one iteration per stage as long as it works. This, in my mind, applies to everything. If your product’s A feature works, then no need to rewrite it from scratch for any reason, or even refactor it. When your product becomes a success, and you absolutely need that part of your codebase to be written, do so, but only then. Ready to launch, now is th etime for some marketing, right? By July 26, I already had a “launchable” product that barely works (I marked this date on a Notion docs, this is how I know). Yet, I had spent almost no time on marketing, sales, whatever. After all, “You build and they will come”. Did I know that I needed marketing? Of course I did, but knowingly didn’t. Why, you might ask. Well, from my perspective, it had to be a dev-heavy product; meaning that you spend most of your time on developing it, mostly coding skills. But, this is simply wrong. As a rule of thumb, as noted by one of the greatests, Marc Louvion, you should spend at least twice of the building time on marketing. ❗️ Time spent on building \* 2 people don’t know your product > they don’t use your product > you don’t get users > you don’t make money Easy as that. Following the same reasoning, a slightly different approach to planning a project is possible. Determine an approximate time to complete the project with a high level project plan. Let’s say 6 months. By the reasoning above, 2 months should go into building, and 4 into marketing. If you need 4 months for building instead of 2, then you need 8 months of marketing, which makes the time to complete the project 12 months. If you don’t have that much time, then quit the project. When does a project count as completed? Well, in reality, never. But, I think we have to define success conditions even before we start for indie projects and startups; so we know when to quit when they are not met. A success condition could look like “Make $6000 in 12 months” or “Have 3000 users in 6 months”. It all depends on the project. But, once you set it, it should be set in stone: You don’t change it unless absolutely necessary. I suspect there are few principles that make a solopreneur successful; and knowing when to quit and when to continue is definitely one of them. Marc Louvion is famously known for his success, but he got there after failing so many projects. To my knowledge, the same applies to Nico Jeannen, Pieter Levels, or almost everyone as well. ❗️ Determining when to continue even before you start will definitely help in the long run. A half-aed launch Time-leap again. Around mid August, I “soft launched” my product. By soft launch, I mean lazy marketing. Just tweeting about it, posting it on free directories. Did I get any traffic? Surely I did. Did I get any users? Nope. Only after this time, it hit me: “Either something is wrong with me, or with this product” Marketing might be a much bigger factor for a project’s success after all. Even though I get some traffic, not convincing enough for people to sign up even for a free trial. The product was still perfect in my eyes at the time (well, still is ^(\_),) so the right people are not finding my product, I thought. Then, a question that I should have been asking at the very first place, one that could prevent all these, comes to my mind: “How do even people search for such tools?” If we are to consider this whole journey of me and my so-far-failed product to be an already destined failure, one metric suffices to show why. Search volume: 30. Even if people have such a pain point, they are not looking for email summaries. So, almost no organic traffic coming from Google. But, as a person who did zero marketing on this or any product, who has zero marketing knowledge, who doesn’t have an audience on social media, there is not much I could do. Finally, it was time to give up. Or not… In my eyes, the most important element that makes a founder (solo or not) successful (this, I am not by any means) is to solve problems. ❗️ So, the problem was this: “People are not finding my product by organic search” How do I make sure I get some organic traffic and gets more visibility? Learn digital marketing and SEO as much as I can within very limited time. Thankfully, without spending much time, I came across Neil Patel's YT channel, and as I said many times, it is an absolute gold mine. I learned a lot, especially about the fundamentals, and surely it will be fruitful; but there is no magic trick that could make people visit your website. SEO certainly helps, but only when people are looking for your keywords. However, it is truly a magical solution to get in touch with REAL people that are in your user segments: 👉 Understand your pains, understand their problems, help them to solve them via building products. I did not do this so far, have to admit. But, in case you would like to have a chat about your email usage, and email productivity, just get in touch; I’d be delighted to hear about them. Getting ready for a ProductHunt launch The date was Sept 1. And I unlocked an impossible achievement: Running out of Supabase’s free plan’s Egres limit while having zero users. I was already considering moving out of their Cloud server and managing a Supabase CLI service on my Hetzner VPS for some time; but never ever suspected that I would have to do this quickly. The cheapest plan Supabase offers is $25/month; yet, at that point, I am in between jobs for such a long time, basically broke, and could barely afford that price. One or two months could be okay, but why pay for it if I will eventually move out of their Cloud service? So, instead of paying $25, I spent two days migrating out of Supabase Cloud. Worth my time? Definitely not. But, when you are broke, you gotta do stupid things. This was the first time that I felt lucky to have zero users: I have no idea how I would manage this migration if I had any. I think this is one of the core tenets of an indie hacker: Controlling their own environment. I can’t remember whose quote this is, but I suspect it was Naval: Entrepreneurs have an almost pathological need to control their own fate. They will take any suffering if they can be in charge of their destiny, and not have it in somebody else’s hands. What’s truly scary is, at least in my case, we make people around us suffer at the expense of our attempting to control our own fates. I know this period has been quite hard on my wife as well, as I neglected her quite a bit, but sadly, I know that this will happen again. It is something that I can barely help with. Still, so sorry. After working the last two weeks on a ProductHunt Launch, I finally launched it this Tuesday. Zero ranking, zero new users, but 36 kind people upvoted my product, and many commented and provided invaluable feedback. I couldn't be more grateful for each one of them 🙏. Considering all these, what lies in the future of Summ though? I have no idea, to be honest. On one hand, I have zero users, have no job, no income. So, I need a way to make money asap. On the other hand, the whole idea of it revolves around one core premise (not an assumption) that I am not so willing to share; and I couldn’t have more trust in it. This might not be the best iteration of it, however I certainly believe that email usage is one of the best problem spaces one could work on. 👉 But, one thing is for certain: I need to get in touch with people, and talk with them about this product I built so far. In fact, this is the only item on my agenda. Nothing else will save my brainchild <3. Below are some other insights and notes that I got during my journey; as they do not 100% fit into this story, I think it is more suitable to list them here. I hope you enjoyed reading this. Give Summ a try, it comes with a generous free trial, no credit card required. Some additional notes and insights: Project planning is one of the most underestimated skills for solopreneurs. It saves you enormous time, and helps you to keep your focus up. Building B2C products beats building B2B products. Businesses are very willing to pay big bucks if your product helps them. On the other hand, spending a few hours per user who would pay $5/m probably is not worth your time. It doesn’t matter how brilliant your product is if no one uses it. If you cannot sell a product in a certain category/niche (or do not know how to sell it), it might be a good idea not to start a project in it. Going after new ideas and ventures is quite risky, especially if you don’t know how to market it. On the other hand, an already established category means that there is already demand. Whether this demand is sufficient or not is another issue. As long as there is enough demand for your product to fit in, any category/niche is good. Some might be better, some might be worse. Unless you are going hardcore B2B, you will need people to find your product by means of organic search. Always conduct thorough keyword research as soon as possible.

Looking for a tech cofounder. Revoltionary (yes really!) gig economy app. I will not promote.

Hey everyone! I’m building a new gig-work app that cuts out the hassles of interviews, applications, and sky-high fees. We’re aiming to make it easy for businesses to hire qualified freelancers for short shifts or one-off tasks—and for freelancers to set their own rates and get paid quickly. Why This App? Time-Saving Model: Instead of posting jobs and conducting multiple interviews, employers can instantly book from a list of KYC-verified freelancers who showcase their skills via 30-second video bios. Cost Leadership: We plan to charge only 5%, far below the 15–50% common in other gig platforms. This keeps more money in the pockets of both freelancers and businesses. Proven Demand: A beta test in 2018 drew nearly 600 active users, validating that there’s appetite for a simpler, fairer way to fill short shifts. About Me 20+ years’ experience in payroll, workforce management, and operations for Fortune 500 companies. Led cross-functional teams, implemented large-scale solutions, and believe in building with a user-first mindset. Offering meaningful equity—I want a true partner, not a hired gun. Who I’m Looking For Full-Stack Developer (comfortable with Node.js, React, Python, or similar and ML/Ai) who can manage everything from front-end to database integration (ideally Postgres/MySQL) and build a same day payments system. Passion for creating solutions that genuinely help gig workers and small businesses. Excitement to collaborate on the product roadmap, from the booking interface to same-day payment features. The Opportunity Major Market: The gig economy is huge and still growing. If we nail speed, cost-effectiveness, and ease of use, we can capture a significant share of it. Remote-Friendly: We can work together from anywhere, though I’m planning to relaunch in London where the initial beta gained momentum. If this sounds like your kind of challenge, drop a comment or DM me. Let’s chat about how we can merge our strengths—my operations background and your technical expertise—to build a platform that truly transforms the gig-work experience. Thanks for reading, and I look forward to creating something impactful together!

Is my idea + progress good enough to raise pre-seed round? CRM for construction niches. Non-tech founder.

Is my startup idea and progress good enough to raise a pre-seed round? It’s a CRM with meaningful AI integrations for specific type of B2B construction companies. I only want to continue at my current pace if it’s realistic to start raising within the next 2 weeks. At first, I thought it was fine because simple companies still get on Y-comb such as hammr and Relate CRM , but now I’m not sure. Would love to get the community’s thoughts on this. I’ve been working on this for about a week. &#x200B; Key Highlights (You can skip to longer section below) Product is CRM for B2B construction companies. The previous tech company I worked at used an in-house built CRM for their workflow, and I’m creating that solution and applying it to B2B construction companies that have similar workflows. No competitors I’ve found. I’m uniquely positioned to spearhead: B2B SaaS/tech sales + expertise in construction I’m a non-tech sales founder with experience in UI/UX. Will bring on CTO co-founder once I start raising as that would entice better talent Progress + Traction $400 MRR in pre-sales, can get to \~$800-1000 EOM Validated through customer interviews Created some Figma frames, product overview, user journeys, business plan Made a simple but meaningful AI tool that will be available to those that sign up for waitlist. Did this with GitHub + ChatGPT Landing page website going up this week followed by PPC campaign, email marketing, and outreach. My GF works in enterprise sales and she’ll help me generate more leads. &#x200B; Long Version Background B2B SaaS/Tech sales. I worked at enterprise company as an Account Executive where I worked with funded startups and their development, UI/UX, and Product management teams. I have a general knowledge in all these - my best being UI/UX design as I can work with Figma well Domain expertise: my family has had a construction company since I was young. I have a large network because of this. Problem At my previous company, we had a custom in-house built CRM for our workflow. It worked okay, despite being maintained by multiple engineers costing hundreds of thousands a year. I’m creating a CRM that solves that, and applying it to construction industries that can make use of it. I have a great network here which makes it easy for me get sales quickly. Vision Building this CRM for construction niche will allow us to generate MRR fast. We will be first movers in bringing meaningful AI tools to construction, which is generating significant interest. This gives us the opportunity to build the foundational technology that can be adapted to a wider audience such as my previous company and others - think researchers, consultants, etc. Traction + Current Progress (1 week) Validated idea through user interviews and pre-sales. Currently have $400 MRR in pre-sales. I expect $800-1000 in a month if I continue at my pace. This is from doing typical B2B sales. I’ve set up a CRM for this. Created product overview, user journeys, wireframes and some Figma frames, business plan Created a simple but meaningful AI tool for the niche which will be available to those that sign up for the waitlist. Created with GitHub + ChatGPT Completing landing page website this week. Will start PPC ads (I’m experienced in this) after that to generate sign-ups. I’ll also start email marketing from lists I’ve scraped. Team Solo-founder, will bring on CTO co-founder once I start raising funds. I have promising candidates, but feel that I need to raise funds to really entice a good co-founder. I’m uniquely positioned to head this product; B2B sales having worked with many CRMs + construction expertise and network. That said, I’ve never actually done anything that* impressive besides being an AE at a known enterprise techy company (but not FAANG level). &#x200B; I want to acknowledge that my progress might sound more impressive than it is - it's still just a CRM after all, and I'm non-technical. Should I keep going? Advice? I also have a great offer to lead sales at a profitable startup, but I could always do both if it was worth it. I’m feeling really uncertain for some reason :/ maybe it’s just burnout.

Looking for a technical cofounder with experience in building websites and marketplaces

Are you passionate about revolutionizing traditional processes? Do you have the expertise to build scalable platforms and want to be part of something transformative? I’m a second-year Economics student at the University of Warwick with a deep drive for creating impactful solutions. I’m seeking a technical co-founder to join me in building a startup dedicated to transforming how startups hire entry-level talent. About the Project I’m developing a recruitment marketplace that connects early-stage and growing startups with talented students and graduates. Our goal is to streamline the hiring process, making it hassle-free for startups while creating meaningful career opportunities for the next generation of talent. What I’m Looking For in a Technical Co-Founder I need someone who can complement my non-technical skills and help take this project to the next level. The ideal co-founder will have: A strong background in programming online marketplace platforms. Experience managing large databases efficiently. Knowledge in machine learning and AI, with a vision to integrate these in future features. Skills in scaling online platforms for a larger audience. The ability to work in synergy with me to shape and execute the vision. A passion for the idea—I’m happy to share more details in a meeting! Key responsibilities will include platform development, handling backend work, deploying the MVP, aiding in design, and collaborating on product iterations. About Me I bring experience in business strategy, operations, finance, product/project management, marketing, and sales—essentially, I cover everything except the technical aspects of development. I previously worked on a social communication platform for school students during high school. I also gained valuable experience as a business analyst in another startup. Why Join me? This is an exciting opportunity to build a product from the ground up, make an impact in the startup ecosystem, and grow alongside a venture poised to redefine hiring. We need: A seamless MVP launch. Networking efforts to onboard startups and expand our reach. Together, we can create something transformative, fostering innovation and enabling career growth for students while helping startups find the talent they need to succeed. If you’re excited about the prospect of building something revolutionary and have the technical skills to complement my business acumen, I’d love to connect. Let’s discuss how we can work together to create the next generation of hiring solutions. Please DM if you are interested in getting to know more about this project! Looking forward

Looking for a non-technical co-founder (I will not promote)

Hey everyone, I've launched an AI networking agent designed to connect people based on specific prompts. You describe the type of person you're looking for, and it provides a relevant contact. This tool can be used for hiring, procuring services, selling services, and more. I'm currently seeking a highly motivated, high-energy non-technical co-founder to handle sales and marketing, conduct customer interviews to grow our user base. No experience is required, only a strong willingness to succeed. We're completely bootstrapped but plan to start fundraising after securing our first paying users. If you're interested, shoot me a DM. i will not promote

16 years old and thinking about creating a startup

Hi to everyone, this is my first post on Reddit and r/Startups. Sorry in advance if there is any mistake. I'm 16 years old, and I'm already planning to create my startup. Growing up in the digital age has given me both inspiration and doubts. On one side, you hear advice like, “You need connections with powerful people to succeed.” On the other, there are stories of founders coming from poverty and now leading billion-dollar companies.That really sucks. I'm here because I believe this community offers honest and grounded insights. So you can analyze, I leave you my goals. I accept all the advice you have. I’ll finish high school in two years while using my free time to learn about AI, programming, agile methods, and business basics. After that, I plan to pursue a Systems Engineering degree, even though I’ve debated skipping university. My older siblings convinced me it’s worth it for the professional and technical foundation. During college, I aim to freelance, save money, and build connections with entrepreneurs and developers. Beyond that, my 15-year plan includes working in tech companies to gain experience, creating an MVP for my startup, and securing funding through investors or incubators. I want to solve real-world problems using tools that feel future-proof. While I sometimes feel behind, I’m determined to catch up and take advantage of the opportunities ahead. I know the startup journey is uncertain—like a vulnerable animal facing competition, funding issues, and market challenges. But I’m ready to adapt as my vision evolves. Like for example the time. Obviously I would like to keep it exactly but you never know what can happen along the way. I’d love to hear your thoughts or advice. Thanks in advance, and I apologize if anything is unclear

Behind the scene : fundraising pre-seed of an AI startup

A bit of feedback from our journey at our AI startup. We started prototyping stuff around agentic AI last winter with very cool underlying tech research based on some academic papers (I can send you links if you're interested in LLM orchestration). I'm a serial entrepreneur with 2x exits, nothing went fancy but enough to keep going into the next topic. This time, running an AI project has been a bit different and unique due to the huge interest around the topic. Here are a few insights. Jan \~ Mar: Research Nothing was serious, just a side project with a friend on weekends (the guy became our lead SWE). Market was promising and we had the convinction that our tech can be game changer in computer systems workflows. March \~ April: Market Waking Up Devin published their pre-seed $20m fundraising led by Founders Fund; they paved the market with legitimacy. I decided to launch some coffee meetings with a few angels in my network. Interest confirmed. Back to work on some more serious early prototyping; hard work started here. April \~ May: YC S24 (Fail) Pumped up by our prospective angels and the market waking up on the agentic topic, I applied to YC as a solo founder (was still looking for funds and co-founders). Eventually got rejected (no co-founder and not US-based). May \~ July: VC Dance (Momentum 1) Almost randomly at the same time we got rejected from YC, I got introduced to key members of the VC community by one of our prospective angels. Interest went crazy... tons of calls. Brace yourself here, we probably met 30\~40 funds (+ angels). Got strong interests from 4\~5 of them (3 to 5 meetings each), ultimately closed 1 and some interests which might convert later in the next stage. The legend of AI being hype is true. Majority of our calls went only by word of mouth, lots of inbounds, people even not having the deck would book us a call in the next 48h after saying hi. Also lots of "tourists," just looking because of AI but with no strong opinion on the subject to move further. The hearsay about 90% rejection is true. You'll have a lot of nos, ending some days exhausted and unmotivated. End July: Closing, the Hard Part The VC roadshow is kind of an art you need to master. You need to keep momentum high enough and looking over-subscribed. Good pre-seed VC deals are over-competitive, and good funds only focus on them; they will have opportunities to catch up on lost chances at the seed stage later. We succeeded (arduously) to close our 18\~24mo budget with 1 VC, a few angels, and some state-guaranteed debt. Cash in bank just on time for payday in August (don't under-estimate time of processing) Now: Launching and Prepping the Seed Round We're now in our first weeks of go-to-market with a lot of uncertainty but a very ambitious plan ahead. The good part of having met TONS of VCs during the pre-seed roadshow is that we met probably our future lead investors in these. What would look like a loss of time in the initial pre-seed VC meetings has been finally very prolific, helping us to refine our strategy, assessing more in-depth the market (investors have a lot of insights, they meet a lot of people... that's their full-time job). We now have clear milestones and are heading to raise our seed round by end of year/Q1 if stars stay aligned :) Don't give up, the show must go on.

I spent 6 months on building a tool, and got 0 zero users. Here is my story.

Edit Thank you all so much for your time reading my story. Your support, feedback, criticism, and skepticism; all helped me a lot, and I couldn't appreciate it enough \^\_\^ TL;DR I spent 6 months on a tool that currently has 0 users. Below is what I learned during my journey, sharing because I believe most mistakes are easily avoidable. Do not overestimate your product and assume it will be an exception to fundamental principles. Principles are there for a reason. Always look for validation before you start. Avoid building products with a low money-to-effort ratio/in very competitive fields. Unless you have the means, you probably won't make it. Pick a problem space, pick your target audience, and talk to them before thinking about a solution. Identify and match their pain points. Only then should you think of a solution. If people are not overly excited or willing to pay in advance for a discounted price, it might be a sign to rethink. Sell one and only one feature at a time. Avoid everything else. If people don't pay for that one core feature, no secondary feature will change their mind. Always spend twice as much time marketing as you do building. You will not get users if they don't know it exists. Define success metrics ("1000 users in 3 months" or "$6000 in the account at the end of 6 months") before you start. If you don't meet them, strongly consider quitting the project. If you can't get enough users to keep going, nothing else matters. VALIDATION, VALIDATION, VALIDATION. Success is not random, but most of our first products will not make a success story. Know when to admit failure, and move on. Even if a product of yours doesn't succeed, what you learned during its journey will turn out to be invaluable for your future. My story So, this is the story of a product, Summ, that I’ve been working on for the last 6 months. As it's the first product I’ve ever built, after watching you all from the sidelines, I have learned a lot, made many mistakes, and did only a few things right. Just sharing what I’ve learned and some insights from my journey so far. I hope that this post will help you avoid the mistakes I made — most of which I consider easily avoidable — while you enjoy reading it, and get to know me a little bit more 🤓. A slow start after many years Summ isn’t the first product I really wanted to build. Lacking enough dev skills to even get started was a huge blocker for so many years. In fact, the first product I would’ve LOVED to build was a smart personal shopping assistant. I had this idea 4 years ago; but with no GPT, no coding skills, no technical co-founder, I didn’t have the means to make it happen. I still do not know if such a tool exists and is good enough. All I wanted was a tool that could make data-based predictions about when to buy stuff (“buy a new toothpaste every three months”) and suggest physical products that I might need or be strongly interested in. AFAIK, Amazon famously still struggles with the second one. Fast-forward a few years, I learned the very basics of HTML, CSS, and Vanilla JS. Still was not there to build a product; but good enough to code my design portfolio from scratch. Yet, I couldn’t imagine myself building a product using Vanilla JS. I really hated it, I really sucked at it. So, back to tutorial hell, and to learn about this framework I just heard about: React.React introduced so many new concepts to me. “Thinking in React” is a phrase we heard a lot, and with quite good reasons. After some time, I was able to build very basic tutorial apps, both in React, and React Native; but I have to say that I really hated coding for mobile. At this point, I was already a fan of productivity apps, and had a concept for a time management assistant app in my design portfolio. So, why not build one? Surely, it must be easy, since every coding tutorial starts with a todo app. ❌ WRONG! Building a basic todo app is easy enough, but building one good enough for a place in the market was a challenge I took and failed. I wasted one month on that until I abandoned the project for good. Even if I continued working on it, as the productivity landscape is overly competitive, I wouldn’t be able to make enough money to cover costs, assuming I make any. Since I was (and still am) in between jobs, I decided to abandon the project. 👉 What I learned: Do not start projects with a low ratio of money to effort and time. Example: Even if I get 500 monthly users, 200 of which are paid users (unrealistically high number), assuming an average subscription fee of $5/m (such apps are quite cheap, mostly due to the high competition), it would make me around $1000 minus any occurring costs. Any founder with a product that has 500 active users should make more. Even if it was relatively successful, due to the high competition, I wouldn’t make any meaningful money. PS: I use Todoist today. Due to local pricing, I pay less than $2/m. There is no way I could beat this competitive pricing, let alone the app itself. But, somehow, with a project that wasn’t even functional — let alone being an MVP — I made my first Wi-Fi money: Someone decided that the domain I preemptively purchased is worth something. By this point, I had already abandoned the project, certainly wasn’t going to renew the domain, was looking for a FT job, and a new project that I could work on. And out of nowhere, someone hands me some free money — who am I not to take it? Of course, I took it. The domain is still unused, no idea why 🤔. Ngl, I still hate the fact that my first Wi-Fi money came from this. A new idea worth pursuing? Fast-forward some weeks now. Around March, I got this crazy idea of building an email productivity tool. We all use emails, yet we all hate them. So, this must be fixed. Everyone uses emails, in fact everyone HAS TO use emails. So, I just needed to build a tool and wait for people to come. This was all, really. After all, the problem space is huge, there is enough room for another product, everyone uses emails, no need for any further validation, right? ❌ WRONG ONCE AGAIN! We all hear from the greatest in the startup landscape that we must validate our ideas with real people, yet at least some of us (guilty here 🥸) think that our product will be hugely successful and prove them to be an exception. Few might, but most are not. I certainly wasn't. 👉 Lesson learned: Always validate your ideas with real people. Ask them how much they’d pay for such a tool (not if they would). Much better if they are willing to pay upfront for a discount, etc. But even this comes later, keep reading. I think the difference between “How much” and “If” is huge for two reasons: (1) By asking them for “How much”, you force them to think in a more realistic setting. (2) You will have a more realistic idea on your profit margins. Based on my competitive analysis, I already had a solution in my mind to improve our email usage standards and email productivity (huge mistake), but I did my best to learn about their problems regarding those without pushing the idea too hard. The idea is this: Generate concise email summaries with suggested actions, combine them into one email, and send it at their preferred times. Save as much as time the AI you end up with allows. After all, everyone loves to save time. So, what kind of validation did I seek for? Talked with only a few people around me about this crazy, internet-breaking idea. The responses I got were, now I see, mediocre; no one got excited about it, just said things along the lines of “Cool idea, OK”. So, any reasonable person in this situation would think “Okay, not might not be working”, right? Well, I did not. I assumed that they were the wrong audience for this product, and there was this magical land of user segments waiting eagerly for my product, yet unknowingly. To this day, I still have not reached this magical place. Perhaps, it didn’t exist in the first place. If I cannot find it, whether it exists or not doesn’t matter. I am certainly searching for it. 👉 What I should have done: Once I decide on a problem space (time management, email productivity, etc.), I should decide on my potential user segments, people who I plan to sell my product to. Then I should go talk to those people, ask them about their pains, then get to the problem-solving/ideation phase only later. ❗️ VALIDATION COMES FROM THE REALITY OUTSIDE. What validation looks like might change from product to product; but what invalidation looks like is more or less the same for every product. Nico Jeannen told me yesterday “validation = money in the account” on Twitter. This is the ultimate form of validation your product could get. If your product doesn’t make any money, then something is invalidated by reality: Your product, you, your idea, who knows? So, at this point, I knew a little bit of Python from spending some time in tutorial hell a few years ago, some HTML/CSS/JS, barely enough React to build a working app. React could work for this project, but I needed easy-to-implement server interactivity. Luckily, around this time, I got to know about this new gen of indie hackers, and learned (but didn’t truly understand) about their approach to indie hacking, and this library called Nextjs. How good Next.js still blows my mind. So, I was back to tutorial hell once again. But, this time, with a promise to myself: This is the last time I would visit tutorial hell. Time to start building this "ground-breaking idea" Learning the fundamentals of Next.js was easier than learning of React unsurprisingly. Yet, the first time I managed to run server actions on Next.js was one of the rarest moments that completely blew my mind. To this day, I reject the idea that it is something else than pure magic under its hood. Did I absolutely need Nextjs for this project though? I do not think so. Did it save me lots of time? Absolutely. Furthermore, learning Nextjs will certainly be quite helpful for other projects that I will be tackling in the future. Already got a few ideas that might be worth pursuing in the head in case I decide to abandon Summ in the future. Fast-forward few weeks again: So, at this stage, I had a barely working MVP-like product. Since the very beginning, I spent every free hour (and more) on this project as speed is essential. But, I am not so sure it was worth it to overwork in retrospect. Yet, I know I couldn’t help myself. Everything is going kinda smooth, so what’s the worst thing that could ever happen? Well, both Apple and Google announced their AIs (Apple Intelligence and Google Gemini, respectively) will have email summarization features for their products. Summarizing singular emails is no big deal, after all there were already so many similar products in the market. I still think that what truly matters is a frictionless user experience, and this is why I built this product in a certain way: You spend less than a few minutes setting up your account, and you get to enjoy your email summaries, without ever visiting its website again. This is still a very cool concept I really like a lot. So, at this point: I had no other idea that could be pursued, already spent too much time on this project. Do I quit or not? This was the question. Of course not. I just have to launch this product as quickly as possible. So, I did something right, a quite rare occurrence I might say: Re-planned my product, dropped everything secondary to the core feature immediately (save time on reading emails), tried launching it asap. 👉 Insight: Sell only one core feature at one time. Drop anything secondary to this core feature. Well, my primary occupation is product design. So one would expect that a product I build must have stellar design. I considered any considerable time spent on design at this stage would be simply wasted. I still think this is both true and wrong: True, because if your product’s core benefits suck, no one will care about your design. False, because if your design looks amateurish, no one will trust you and your product. So, I always targeted an average level design with it and the way this tool works made it quite easy as I had to design only 2 primary pages: Landing page and user portal (which has only settings and analytics pages). However, even though I knew spending time on design was not worth much of my time, I got a bit “greedy”: In fact, I redesigned those pages three times, and still ended up with a so-so design that I am not proud of. 👉 What I would do differently: Unless absolutely necessary, only one iteration per stage as long as it works. This, in my mind, applies to everything. If your product’s A feature works, then no need to rewrite it from scratch for any reason, or even refactor it. When your product becomes a success, and you absolutely need that part of your codebase to be written, do so, but only then. Ready to launch, now is th etime for some marketing, right? By July 26, I already had a “launchable” product that barely works (I marked this date on a Notion docs, this is how I know). Yet, I had spent almost no time on marketing, sales, whatever. After all, “You build and they will come”. Did I know that I needed marketing? Of course I did, but knowingly didn’t. Why, you might ask. Well, from my perspective, it had to be a dev-heavy product; meaning that you spend most of your time on developing it, mostly coding skills. But, this is simply wrong. As a rule of thumb, as noted by one of the greatests, Marc Louvion, you should spend at least twice of the building time on marketing. ❗️ Time spent on building \* 2 people don’t know your product > they don’t use your product > you don’t get users > you don’t make money Easy as that. Following the same reasoning, a slightly different approach to planning a project is possible. Determine an approximate time to complete the project with a high level project plan. Let’s say 6 months. By the reasoning above, 2 months should go into building, and 4 into marketing. If you need 4 months for building instead of 2, then you need 8 months of marketing, which makes the time to complete the project 12 months. If you don’t have that much time, then quit the project. When does a project count as completed? Well, in reality, never. But, I think we have to define success conditions even before we start for indie projects and startups; so we know when to quit when they are not met. A success condition could look like “Make $6000 in 12 months” or “Have 3000 users in 6 months”. It all depends on the project. But, once you set it, it should be set in stone: You don’t change it unless absolutely necessary. I suspect there are few principles that make a solopreneur successful; and knowing when to quit and when to continue is definitely one of them. Marc Louvion is famously known for his success, but he got there after failing so many projects. To my knowledge, the same applies to Nico Jeannen, Pieter Levels, or almost everyone as well. ❗️ Determining when to continue even before you start will definitely help in the long run. A half-aed launch Time-leap again. Around mid August, I “soft launched” my product. By soft launch, I mean lazy marketing. Just tweeting about it, posting it on free directories. Did I get any traffic? Surely I did. Did I get any users? Nope. Only after this time, it hit me: “Either something is wrong with me, or with this product” Marketing might be a much bigger factor for a project’s success after all. Even though I get some traffic, not convincing enough for people to sign up even for a free trial. The product was still perfect in my eyes at the time (well, still is ^(\_),) so the right people are not finding my product, I thought. Then, a question that I should have been asking at the very first place, one that could prevent all these, comes to my mind: “How do even people search for such tools?” If we are to consider this whole journey of me and my so-far-failed product to be an already destined failure, one metric suffices to show why. Search volume: 30. Even if people have such a pain point, they are not looking for email summaries. So, almost no organic traffic coming from Google. But, as a person who did zero marketing on this or any product, who has zero marketing knowledge, who doesn’t have an audience on social media, there is not much I could do. Finally, it was time to give up. Or not… In my eyes, the most important element that makes a founder (solo or not) successful (this, I am not by any means) is to solve problems. ❗️ So, the problem was this: “People are not finding my product by organic search” How do I make sure I get some organic traffic and gets more visibility? Learn digital marketing and SEO as much as I can within very limited time. Thankfully, without spending much time, I came across Neil Patel's YT channel, and as I said many times, it is an absolute gold mine. I learned a lot, especially about the fundamentals, and surely it will be fruitful; but there is no magic trick that could make people visit your website. SEO certainly helps, but only when people are looking for your keywords. However, it is truly a magical solution to get in touch with REAL people that are in your user segments: 👉 Understand your pains, understand their problems, help them to solve them via building products. I did not do this so far, have to admit. But, in case you would like to have a chat about your email usage, and email productivity, just get in touch; I’d be delighted to hear about them. Getting ready for a ProductHunt launch The date was Sept 1. And I unlocked an impossible achievement: Running out of Supabase’s free plan’s Egres limit while having zero users. I was already considering moving out of their Cloud server and managing a Supabase CLI service on my Hetzner VPS for some time; but never ever suspected that I would have to do this quickly. The cheapest plan Supabase offers is $25/month; yet, at that point, I am in between jobs for such a long time, basically broke, and could barely afford that price. One or two months could be okay, but why pay for it if I will eventually move out of their Cloud service? So, instead of paying $25, I spent two days migrating out of Supabase Cloud. Worth my time? Definitely not. But, when you are broke, you gotta do stupid things. This was the first time that I felt lucky to have zero users: I have no idea how I would manage this migration if I had any. I think this is one of the core tenets of an indie hacker: Controlling their own environment. I can’t remember whose quote this is, but I suspect it was Naval: Entrepreneurs have an almost pathological need to control their own fate. They will take any suffering if they can be in charge of their destiny, and not have it in somebody else’s hands. What’s truly scary is, at least in my case, we make people around us suffer at the expense of our attempting to control our own fates. I know this period has been quite hard on my wife as well, as I neglected her quite a bit, but sadly, I know that this will happen again. It is something that I can barely help with. Still, so sorry. After working the last two weeks on a ProductHunt Launch, I finally launched it this Tuesday. Zero ranking, zero new users, but 36 kind people upvoted my product, and many commented and provided invaluable feedback. I couldn't be more grateful for each one of them 🙏. Considering all these, what lies in the future of Summ though? I have no idea, to be honest. On one hand, I have zero users, have no job, no income. So, I need a way to make money asap. On the other hand, the whole idea of it revolves around one core premise (not an assumption) that I am not so willing to share; and I couldn’t have more trust in it. This might not be the best iteration of it, however I certainly believe that email usage is one of the best problem spaces one could work on. 👉 But, one thing is for certain: I need to get in touch with people, and talk with them about this product I built so far. In fact, this is the only item on my agenda. Nothing else will save my brainchild <3. Below are some other insights and notes that I got during my journey; as they do not 100% fit into this story, I think it is more suitable to list them here. I hope you enjoyed reading this. Give Summ a try, it comes with a generous free trial, no credit card required. Some additional notes and insights: Project planning is one of the most underestimated skills for solopreneurs. It saves you enormous time, and helps you to keep your focus up. Building B2C products beats building B2B products. Businesses are very willing to pay big bucks if your product helps them. On the other hand, spending a few hours per user who would pay $5/m probably is not worth your time. It doesn’t matter how brilliant your product is if no one uses it. If you cannot sell a product in a certain category/niche (or do not know how to sell it), it might be a good idea not to start a project in it. Going after new ideas and ventures is quite risky, especially if you don’t know how to market it. On the other hand, an already established category means that there is already demand. Whether this demand is sufficient or not is another issue. As long as there is enough demand for your product to fit in, any category/niche is good. Some might be better, some might be worse. Unless you are going hardcore B2B, you will need people to find your product by means of organic search. Always conduct thorough keyword research as soon as possible.

10y of product development, 2 bankruptcies, and 1 Exit — what next? [Extended Story]

10 years of obsessive pursuit from the bottom to impressive product-market fit and exit. Bootstrapping tech products as Software Developer and 3x Startup Founder (2 bankruptcies and 1 exit). Hi everyone, your motivation has inspired me to delve deeper into my story. So, as promised to some of you, I've expanded on it a bit more, along with my brief reflections. There are many founders, product creators, and proactive individuals, I’ve read many of your crazy stories and lessons so I decided to share mine and the lessons I learned from the bottom to impressive product-market fit and exit. I've spent almost the past 10 years building tech products as a Corporate Team Leader, Senior Software Developer, Online Course Creator, Programming Tutor, Head of Development/CTO, and 3x Startup Founder (2 bankruptcies, and 1 exit). And what next? good question... A brief summary of my journey: Chapter 1: Software Developer / Team Leader / Senior Software Developer I’ve always wanted to create products that win over users’ hearts, carry value, and influence users. Ever since my school days, I’ve loved the tech part of building digital products. At the beginning of school, I started hosting servers for games, blogs and internet forums, and other things that did not require much programming knowledge. My classmates and later even over 100 people played on servers that I hosted on my home PC. Later, as the only person in school, I passed the final exam in computer science. During my computer science studies, I started my first job as a software developer. It was crazy, I was spending 200–300 hours a month in the office attending also to daily classes. Yes, I didn’t have a life, but it truly was the fulfillment of my dreams. I was able to earn good money doing what I love, and I devoted fully myself to it. My key to effectively studying IT and growing my knowledge at rocket speed was learning day by day reading guides, building products to the portfolio, watching youtube channels and attending conferences, and even watching them online, even if I didn’t understand everything at the beginning. In one year we’ve been to every possible event within 400km. We were building healthcare products that were actually used in hospitals and medical facilities. It was a beautiful adventure and tons of knowledge I took from this place. That time I built my first product teams, hired many great people, and over the years became a senior developer and team leader. Even I convinced my study mates to apply to this company and we studied together and worked as well. Finally, there were 4 of us, when I left a friend of mine took over my position and still works there. If you’re reading this, I’m sending you a flood of love and appreciation. I joined as the 8th person, and after around 4 years, when I left hungry for change, there were already over 30 of us, now around 100. It was a good time, greetings to everyone. I finished my Master’s and Engineering degrees in Computer Science, and it was time for changes. Chapter 2: 1st time as a Co-founder — Marketplace In the meantime, there was also my first startup (a marketplace) with four of my friends. We all worked on the product, each of us spent thousands of hours, after hours, entire weekends… and I think finally over a year of work. As you might guess, we lacked the most important things: sales, marketing, and product-market fit. We thought users think like us. We all also worked commercially, so the work went very smoothly, but we didn’t know what we should do next with it… Finally, we didn’t have any customers, but you know what, I don’t regret it, a lot of learning things which I used many times later. The first attempts at validating the idea with the market and business activities. In the end, the product was Airbnb-sized. Landing pages, listings, user panels, customer panels, admin site, notifications, caches, queues, load balancing, and much more. We wanted to publish the fully ready product to the market. It was a marketplace, so if you can guess, we had to attract both sides to be valuable. “Marketplace” — You can imagine something like Uber, if you don’t have passengers it was difficult to convince taxi drivers, if you don’t have a large number of taxi drivers you cannot attract passengers. After a year of development, we were overloaded, and without business, marketing, sales knowledge, and budget. Chapter 3: Corp Team Lead / Programming Tutor / Programming Architecture Workshop Leader Working in a corporation, a totally different environment, an international fintech, another learning experience, large products, and workmates who were waiting for 5 pm to finish — it wasn’t for me. Very slow product development, huge hierarchy, being an ant at the bottom, and low impact on the final product. At that time I understood that being a software developer is not anything special and I compared my work to factory worker. Sorry for that. High rates have been pumped only by high demand. Friends of mine from another industry do more difficult things and have a bigger responsibility for lower rates. That’s how the market works. This lower responsibility time allowed for building the first online course after hours, my own course platform, individual teaching newbies programming, and my first huge success — my first B2C customers, and B2B clients for workshops. I pivoted to full focus on sales, marketing, funnels, advertisements, demand, understanding the market, etc. It was 10x easier than startups but allowed me to learn and validate my conceptions and ideas on an easier market and showed me that it’s much easier to locate their problem/need/want and create a service/product that responds to it than to convince people of your innovative ideas. It’s just supply and demand, such a simple and basic statement, in reality, is very deep and difficult to understand without personal experience. If you’re inexperienced and you think you understand, you don’t. To this day, I love to analyze this catchword in relation to various industries / services / products and rediscover it again and again... While writing this sentence, I’m wondering if I’m not obsessed. Chapter 4: Next try — 2nd time as a founder — Edtech Drawing upon my experiences in selling services, offering trainings, and teaching programming, I wanted to broaden my horizons, delve into various fields of knowledge, involve more teachers, and so on. We started with simple services in different fields of knowledge, mainly relying on teaching in the local area (without online lessons). As I had already gathered some knowledge and experience in marketing and sales, things were going well and were moving in the right direction. The number of teachers in various fields was growing, as was the number of students. I don’t remember the exact statistics anymore, but it was another significant achievement that brought me a lot of satisfaction and new experiences. As you know, I’m a technology lover and couldn’t bear to look at manual processes — I wanted to automate everything: lessons, payments, invoices, customer service, etc. That’s when I hired our first developers (if you’re reading this, I’m sending you a flood of love — we spent a lot of time together and I remember it as a very fruitful and great year) and we began the process of tool and automation development. After a year we had really extended tools for students, teachers, franchise owners, etc. We had really big goals, we wanted to climb higher and higher. Maybe I wouldn’t even fully call it Startup, as the client was paying for the lessons, not for the software. But it gave us positive income, bootstrap financing, and tool development for services provided. Scaling this model was not as costless as SaaS because customer satisfaction was mainly on the side of the teacher, not the quality of the product (software). Finally, we grew to nearly 10 people and dozens of teachers, with zero external funding, and almost $50k monthly revenue. We worked very hard, day and night, and by November 2019, we were packed with clients to the brim. And as you know, that’s when the pandemic hit. It turned everything upside down by 180 degrees. Probably no one was ready for it. With a drastic drop in revenues, society started to save. Tired from the previous months, we had to work even harder. We had to reduce the team, change the model, and save what we had built. We stopped the tool’s development and sales, and with the developers, we started supporting other product teams to not fire them in difficult times. The tool worked passively for the next two years, reducing incomes month by month. With a smaller team providing programming services, we had full stability and earned more than relying only on educational services. At the peak of the pandemic, I promised myself that it was the last digital product I built… Never say never… Chapter 5: Time for fintech — Senior Software Developer / Team Lead / Head of Development I worked for small startups and companies. Building products from scratch, having a significant impact on the product, and complete fulfillment. Thousands of hours and sacrifices. This article mainly talks about startups that I built, so I don’t want to list all the companies, products, and applications that I supported as a technology consultant. These were mainly start-ups with a couple of people up to around 100 people on board. Some of the products were just a rescue mission, others were building an entire tech team. I was fully involved in all of them with the hope that we would work together for a long time, but I wasn’t the only one who made mistakes when looking for a product-market fit. One thing I fully understood: You can’t spend 8–15 hours a day writing code, managing a tech team, and still be able to help build an audience. In marketing and sales, you need to be rested and very creative to bring results and achieve further results and goals. If you have too many responsibilities related to technology, it becomes ineffective. I noticed that when I have more free time, more time to think, and more time to bounce the ball against the wall, I come up with really working marketing/sales strategies and solutions. It’s impossible when you are focused on code all day. You must know that this chapter of my life was long and has continued until now. Chapter 6: 3rd time as a founder — sold Never say never… right?\\ It was a time when the crypto market was really high and it was really trending topic. You know that I love technology right? So I cannot miss the blockchain world. I had experience in blockchain topics by learning on my own and from startups where I worked before. I was involved in crypto communities and I noticed a “starving crowd”. People who did things manually and earned money(crypto) on it.I found potential for building a small product that solves a technological problem. I said a few years before that I don’t want to start from scratch. I decided to share my observations and possibilities with my good friend. He said, “If you gonna built it, I’m in”. I couldn’t stop thinking about it. I had thought and planned every aspect of marketing and sales. And you know what. On this huge mindmap “product” was only one block. 90% of the mindmap was focused on marketing and sales. Now, writing this article, I understood what path I went from my first startup to this one. In the first (described earlier) 90% was the product, but in the last one 90% was sales and marketing. Many years later, I did this approach automatically. What has changed in my head over the years and so many mistakes? At that time, the company for which I provided services was acquired. The next day I got a thank you for my hard work and all my accounts were blocked. Life… I was shocked. We were simply replaced by their trusted technology managers. They wanted to get full control. They acted a bit unkindly, but I knew that they had all my knowledge about the product in the documentation, because I’m used to drawing everything so that in the moment of my weakness (illness, whatever) the team could handle it. That’s what solid leaders do, right? After a time, I know that these are normal procedures in financial companies, the point is that under the influence of emotions, do not do anything inappropriate. I quickly forgot about it, that I was brutally fired. All that mattered was to bring my plan to life. And it has been started, 15–20 hours a day every day. You have to believe me, getting back into the game was incredibly satisfying for me. I didn’t even know that I would be so excited. Then we also noticed that someone was starting to think about the same product as me. So the race began a game against time and the market. I assume that if you have reached this point, you are interested in product-market fit, marketing, and sales, so let me explain my assumptions to you: Product: A very very small tool that allowed you to automate proper tracking and creation of on-chain transactions. Literally, the whole app for the user was located on only three subpages. Starving Crowd: We tapped into an underserved market. The crypto market primarily operates via communities on platforms like Discord, Reddit, Twitter, Telegram, and so on. Therefore, our main strategy was directly communicating with users and demonstrating our tool. This was essentially “free marketing” (excluding the time we invested), as we did not need to invest in ads, promotional materials, or convince people about the efficacy of our tool. The community could directly observe on-chain transactions executed by our algorithms, which were processed at an exceptionally fast rate. This was something they couldn’t accomplish manually, so whenever someone conducted transactions using our algorithm, it was immediately noticeable and stirred a curiosity within the community (how did they do that!). Tests: I conducted the initial tests of the application on myself — we had already invested significantly in developing the product, but I preferred risking my own resources over that of the users. I provided the tool access to my wallet, containing 0.3ETH, and went to sleep. Upon waking up, I discovered that the transactions were successful and my wallet had grown to 0.99ETH. My excitement knew no bounds, it felt like a windfall. But, of course, there was a fair chance I could have lost it too. It worked. As we progressed, some users achieved higher results, but it largely hinged on the parameters set by them. As you can surmise, the strategy was simple — buy low, sell high. There was considerable risk involved. Churn: For those versed in marketing, the significance of repeat visitors cannot be overstated. Access to our tool was granted only after email verification and a special technique that I’d prefer to keep confidential. And this was all provided for free. While we had zero followers on social media, we saw an explosion in our email subscriber base and amassed a substantial number of users and advocates. Revenue Generation: Our product quickly gained popularity as we were effectively helping users earn — an undeniable value proposition. Now, it was time to capitalize on our efforts. We introduced a subscription model charging $300 per week or $1,000 per month — seemingly high rates, but the demand was so intense that it wasn’t an issue. Being a subscriber meant you were prioritized in the queue, ensuring you were among the first to reap benefits — thus adding more “value”. Marketing: The quality of our product and its ability to continually engage users contributed to it achieving what can best be described as viral. It was both a source of pride and astonishment to witness users sharing charts and analyses derived from our tool in forum discussions. They weren’t actively promoting our product but rather using screenshots from our application to illustrate certain aspects of the crypto world. By that stage, we had already assembled a team to assist with marketing, and programming, and to provide round-the-clock helpdesk support. Unforgettable Time: Despite the hype, my focus remained steadfast on monitoring our servers, their capacity, and speed. Considering we had only been on the market for a few weeks, we were yet to implement alerts, server scaling, etc. Our active user base spanned from Japan to the West Coast of the United States. Primarily, our application was used daily during the evenings, but considering the variety of time zones, the only time I could afford to sleep was during the evening hours in Far Eastern Europe, where we had the least users. However, someone always needed to be on guard, and as such, my phone was constantly by my side. After all, we couldn’t afford to let our users down. We found ourselves working 20 hours a day, catering to thousands of users, enduring physical fatigue, engaging in talks with VCs, and participating in conferences. Sudden Downturn: Our pinnacle was abruptly interrupted by the war in Ukraine (next macroeconomic shot straight in the face, lucky guy), a precipitous drop in cryptocurrency value, and swiftly emerging competition. By this time, there were 5–8 comparable tools had infiltrated the market. It was a challenging period as we continually stumbled upon new rivals. They immediately embarked on swift fundraising endeavors — a strategy we overlooked, which in retrospect was a mistake. Although our product was superior, the competitors’ rapid advancement and our insufficient funds for expeditious scaling posed significant challenges. Nonetheless, we made a good decision. We sold the product (exit) to competitors. The revenue from “exit” compensated for all the losses, leaving us with enough rest. We were a small team without substantial budgets for rapid development, and the risk of forming new teams without money to survive for more than 1–2 months was irresponsible. You have to believe me that this decision consumed us sleepless nights. Finally, we sold it. They turned off our app but took algorithms and users. Whether you believe it or not, after several months of toiling day and night, experiencing burnout, growing weary of the topic, and gaining an extra 15 kg in weight, we finally found our freedom… The exit wasn’t incredibly profitable, but we knew they had outdone us. The exit covered all our expenses and granted us a well-deserved rest for the subsequent quarter. It was an insane ride. Despite the uncertainty, stress, struggles, and sleepless nights, the story and experience will remain etched in my memory for the rest of my life. Swift Takeaways: Comprehending User Needs: Do you fully understand the product-market fit? Is your offering just an accessory or does it truly satisfy the user’s needs? The Power of Viral Marketing: Take inspiration from giants like Snapchat, ChatGPT, and Clubhouse. While your product might not attain the same scale (but remember, never say never…), the closer your concept is to theirs, the easier your journey will be. If your user is motivated to text a friend saying, “Hey, check out how cool this is” (like sharing ChatGPT), then you’re on the best track. Really. Even if it doesn’t seem immediately evident, there could be a way to incorporate this into your product. Keep looking until you find it. Niche targeting — the more specific and tailored your product is to a certain audience, the easier your journey will be People love buying from people — establishing a personal brand and associating yourself with the product can make things easier. Value: Seek to understand why users engage with your product and keep returning. The more specific and critical the issue you’re aiming to solve, the easier your path will be. Consider your offerings in terms of products and services and focus on sales and marketing, regardless of personal sentiments. These are just a few points, I plan to elaborate on all of them in a separate article. Many products undergo years of development in search of market fit, refining the user experience, and more. And guess what? There’s absolutely nothing wrong with that. Each product and market follows its own rules. Many startups have extensive histories before they finally make their mark (for instance, OpenAI). This entire journey spanned maybe 6–8 months. I grasped and capitalized on the opportunity, but we understood from the start that establishing a startup carried a significant risk, and our crypto product was 10 times riskier. Was it worth it? Given my passion for product development — absolutely. Was it profitable? — No, considering the hours spent — we lose. Did it provide a stable, problem-free life — nope. Did this entire adventure offer a wealth of happiness, joy, and unforgettable experiences — definitely yes. One thing is certain — we’ve amassed substantial experience and it’s not over yet :) So, what lies ahead? Chapter 7: Reverting to the contractor, developing a product for a crypto StartupReturning to the past, we continue our journey… I had invested substantial time and passion into the tech rescue mission product. I came on board as the technical Team Leader of a startup that had garnered over $20M in seed round funding, affiliated with the realm of cryptocurrencies. The investors were individuals with extensive backgrounds in the crypto world. My role was primarily technical, and there was an abundance of work to tackle. I was fully immersed, and genuinely devoted to the role. I was striving for excellence, knowing that if we secured another round of financing, the startup would accelerate rapidly. As for the product and marketing, I was more of an observer. After all, there were marketing professionals with decades of experience on board. These were individuals recruited from large crypto-related firms. I had faith in them, kept an eye on their actions, and focused on my own responsibilities. However, the reality was far from satisfactory. On the last day, the principal investor for the Series A round withdrew. The board made the tough decision to shut down. It was a period of intense observation and gaining experience in product management. This was a very brief summary of the last 10 years. And what next? (Last) Chapter 8: To be announced — Product Owner / Product Consultant / Strategist / CTO After spending countless hours and days deliberating my next steps, one thing is clear: My aspiration is to continue traversing the path of software product development, with the hopeful anticipation that one day, I might ride the crest of the next big wave and ascend to the prestigious status of a unicorn company. I find myself drawn to the process of building products, exploring product-market fit, strategizing, engaging in software development, seeking out new opportunities, networking, attending conferences, and continuously challenging myself by understanding the market and its competitive landscape. Product Owner / Product Consultant / CTO / COO: I’m not entirely sure how to categorize this role, as I anticipate that it will largely depend on the product to which I will commit myself fully. My idea is to find one startup/company that wants to build a product / or already has a product, want to speed up, or simply doesn’t know what’s next. Alternatively, I could be a part of an established company with a rich business history, which intends to invest in digitization and technological advancements. The goal would be to enrich their customer experience by offering complementary digital products Rather than initiating a new venture from ground zero with the same team, I am receptive to new challenges. I am confident that my past experiences will prove highly beneficial for the founders of promising, burgeoning startups that already possess a product, or are in the initial phases of development. ‘Consultant’ — I reckon we interpret this term differently. My aim is to be completely absorbed in a single product, crafting funnels, niches, strategies, and all that is necessary to repeatedly achieve the ‘product-market fit’ and significant revenue. To me, ‘consultant’ resonates more akin to freelancing than being an employee. My current goal is to kickstart as a consultant and aide, dealing with facilitating startups in their journey from point A to B. Here are two theoretical scenarios to illustrate my approach: Scenario 1: (Starting from point A) You have a product but struggle with marketing, adoption, software, strategy, sales, fundraising, or something else. I conduct an analysis and develop a strategy to reach point B. I take on the “dirty work” and implement necessary changes, including potential pivots or shifts (going all-in) to guide the product to point B. The goal is to reach point B, which could involve achieving a higher valuation, expanding the user base, increasing sales, or generating monthly revenue, among other metrics. Scenario 2: (Starting from point A) You have a plan or idea but face challenges with marketing, adoption, strategy, software, sales, fundraising, or something else. I analyze the situation and devise a strategy to reach point B. I tackle the necessary tasks, build the team, and overcome obstacles to propel the product to point B. I have come across the view that finding the elusive product-market fit is the job of the founder, and it’s hard for me to disagree. However, I believe that my support and experiences can help save money, many failures, and most importantly, time. I have spent a great deal of time learning from my mistakes, enduring failure after failure, and even had no one to ask for support or opinion, which is why I offer my help. Saving even a couple of years, realistically speaking, seems like a value I’m eager to provide… I invite you to share your thoughts and insights on these scenarios :) Closing Remarks: I appreciate your time and effort in reaching this point. This has been my journey, and I wouldn’t change it for the world. I had an extraordinary adventure, and now I’m ready for the next exciting battle with the market and new software products. While my entire narrative is centered around startups, especially the ones I personally built, I’m planning to share more insights drawn from all of my experiences, not just those as a co-founder. If you’re currently developing your product or even just considering the idea, I urge you to reach out to me. Perhaps together, we can create something monumental :) Thank you for your time and insights. I eagerly look forward to engaging in discussions and hearing your viewpoints. Please remember to like and subscribe. Nothing motivates to write more than positive feedback :) Matt.

Am I on the right track?

This might be a little long for the average reader. But i'll do my best to format it so it's skimmable. Context I left my SaaS company 2 months ago. I was employee number 4 and helped them grow to 8 figures. I had a seat at the executive table and equity in the business. Burnt out and wanted to start my own thing. I forgot how hard it is to go from 0 👉 1 📚 Two schools of thought Build a product that solves your pain point and find others with that pain point Perform customer discovery calls until you get signal and start building + follow up with them 🥇 First approach For the last 45 days I built the product I wished I had when leading a 10 person marketing/sales team for the SaaS I was previously at. It checked all the boxes, pulled data, automated specific steps, showed the conversion tracking, data, etc. I launched it as a beta to my close network and the crowd went MILD. 😒 After some follow up - I realized I built something that already kind of exists and it's hard to convince others (even those who personally know me) that it's different or better. Undiscouraged, I am going to go back to the drawing board and try approach #2 above and schedule some customer discovery calls. 🥈 Second approach After trying and failing to turn the marketing numbers around at my last role I am convicted of 4 brutal truths about digital marketing today Truth #1 – AI-generated content is flooding the internet and ANYONE can and will be creating content with AI. Truth #2 – Ranking for high-volume keywords is harder than ever and probably not worth it anymore. Truth #3 – AI-driven efficiency is non-negotiable. If you haven’t installed AI in your business - you are WAY behind. Truth #4 – Most businesses are thinking about AI completely wrong. Easy button vs quality stair step. I have some early thoughts on how I would like to solve this (backed by data and some user stories). But my main question and the entire point of this post is.... ⁉️ Questions Before I schedule these product discovery calls should I make it clear where I am convicted and find those who want to talk (agree or disagree) with the above. Or just keep that out of the mix and ask them my product discovery questions regardless? I am probably overthinking it - but I just hit up my personal network with a beta launch, feels silly to go back with product discovery questions for them. Is there a good place (besides reddit) to pay people for product discovery calls? A quick Google Search and it's unclear to me.

36 startup ideas found by analyzing podcasts (problem, solution & source episode)

Hey, I've been a bit of a podcast nerd for a long time. Around a year ago I began experimenting with transcription of podcasts for a SaaS I was running. I realized pretty quickly that there's a lot of knowledge and value in podcast discussions that is for all intents and purposes entirely unsearchable or discoverable to most people. I ended up stopping work on that SaaS product (party for lack of product/market fit, and partly because podcasting was far more interesting), and focusing on the podcast technology full-time instead. I'm a long-time lurker and poster of r/startups and thought this would make for some interesting content and inspiration for folks. Given I'm in this space, have millions of transcripts, and transcribe thousands daily... I've been exploring fun ways to expose some of the interesting knowledge and conversations taking place that utilize our own data/API. I'm a big fan of the usual startup podcasts (My First Million, Greg Isenberg, etc. etc.) and so I built an automation that turns all of the startup ideas discussed into a weekly email digest. I always struggle to listen to as many episodes as I'd actually like to, so I thought I'd summarise the stuff I care about instead (startup opportunities being discussed). I thought it would be interesting to post some of the ideas extracted so far. They range from being completely whacky and blue sky, to pretty boring but realistic. A word of warning before anyone complains – this is a big mixture of tech, ai, non-tech, local services, etc. ideas: Some of the ideas are completely mundane, but realistic (e.g. local window cleaning service) Some of the ideas are completely insane, blue sky, but sound super interesting Here's the latest 36 ideas: |Idea Name|Problem|Solution|Source| |:-|:-|:-|:-| |SalesForce-as-a-Service - White Label Enterprise Sales Teams|White-label enterprise sales teams for B2B SaaS. Companies need sales but can't hire/train. Recruit retail sellers, train for tech, charge 30% of deals closed.|Create a white-label enterprise sales team by recruiting natural salespeople from retail and direct sales backgrounds (e.g. mall kiosks, cutco knives). Train them specifically in B2B SaaS sales techniques and processes. Offer this trained sales force to tech companies on a contract basis.|My First Million - "Life Hacks From The King of Introverts + 7 Business Ideas| |TechButler - Mobile Device Maintenance Service|Mobile tech maintenance service. Clean/optimize devices, improve WiFi, basic support. $100/visit to homes. Target affluent neighborhoods.|Mobile tech support service providing in-home device cleaning, optimization, and setup. Focus on common issues like WiFi improvement, device maintenance, and basic tech support.|My First Million - "Life Hacks From The King of Introverts + 7 Business Ideas| |MemoryBox - At-Home Video Digitization Service|Door-to-door VHS conversion service. Parents have boxes of old tapes. Pick up, digitize, deliver. $30/tape with minimum order. Going extinct.|Door-to-door VHS to digital conversion service that handles everything from pickup to digital delivery. Make it extremely convenient for customers to preserve their memories.|My First Million - "Life Hacks From The King of Introverts + 7 Business Ideas| |Elite Match Ventures - Success-Based Luxury Matchmaking|High-end matchmaking for 50M+ net worth individuals. Only charge $1M+ when they get married. No upfront fees. Extensive vetting process.|Premium matchmaking service exclusively for ultra-high net worth individuals with a pure contingency fee model - only get paid ($1M+) upon successful marriage. Focus on quality over quantity with extensive vetting and personalized matching.|My First Million - "Life Hacks From The King of Introverts + 7 Business Ideas| |LocalHost - Simple Small Business Websites|Simple WordPress sites for local businesses. $50/month includes hosting, updates, security. Target restaurants and shops. Recurring revenue play.|Simplified web hosting and WordPress management service targeting local small businesses. Focus on basic sites with standard templates, ongoing maintenance, and reliable support for a fixed monthly fee.|My First Million - "Life Hacks From The King of Introverts + 7 Business Ideas| |VoiceJournal AI - Voice-First Smart Journaling|Voice-to-text journaling app with AI insights. 8,100 monthly searches. $15/month subscription. Partners with journaling YouTubers.|AI-powered journaling app that combines voice recording, transcription, and intelligent insights. Users can speak their thoughts, which are automatically transcribed and analyzed for patterns, emotions, and actionable insights.|Where It Happens - "7 $1M+ AI startup ideas you can launch tomorrow with $0"| |AIGenAds - AI-Generated UGC Content Platform|AI platform turning product briefs into UGC-style video ads. Brands spending $500/video for human creators. Generate 100 variations for $99/month.|AI platform that generates UGC-style video ads using AI avatars and scripting. System would allow rapid generation of multiple ad variations at a fraction of the cost. Platform would use existing AI avatar technology combined with script generation to create authentic-looking testimonial-style content.|Where It Happens - "7 $1M+ AI startup ideas you can launch tomorrow with $0"| |InfographAI - Automated Infographic Generation Platform|AI turning blog posts into branded infographics. Marketers spending hours on design. $99/month unlimited generation.|AI-powered platform that automatically converts blog posts and articles into visually appealing infographics. System would analyze content, extract key points, and generate professional designs using predefined templates and brand colors.|Where It Happens - "7 $1M+ AI startup ideas you can launch tomorrow with $0"| |KidFinance - Children's Financial Education Entertainment|Children's media franchise teaching financial literacy. Former preschool teacher creating 'Dora for money'. Books, videos, merchandise potential.|Character-driven financial education content for kids, including books, videos, and potentially TV show. Focus on making money concepts fun and memorable.|The Side Hustle Show - "How a Free Challenge Turned Into a $500,000 a Year Business (Greatest Hits)"| |FinanceTasker - Daily Financial Task Challenge|Free 30-day financial challenge with daily action items. People overwhelmed by money management. Makes $500k/year through books, speaking, and premium membership.|A free 30-day financial challenge delivering one simple, actionable task per day via email. Each task includes detailed scripts and instructions. Participants join a Facebook community for support and accountability. The program focuses on quick wins to build momentum. Automated delivery allows scaling.|The Side Hustle Show - "How a Free Challenge Turned Into a $500,000 a Year Business (Greatest Hits)"| |FinanceAcademy - Expert Financial Training Platform|Premium financial education platform. $13/month for expert-led courses and live Q&As. 4000+ members generating $40k+/month.|Premium membership site with expert-led courses, live Q&As, and community support. Focus on specific topics like real estate investing, business creation, and advanced money management.|The Side Hustle Show - "How a Free Challenge Turned Into a $500,000 a Year Business (Greatest Hits)"| |SecurityFirst Compliance - Real Security + Compliance Platform|Security-first compliance platform built by hackers. Companies spending $50k+ on fake security. Making $7M/year showing why current solutions don't work.|A compliance platform built by security experts that combines mandatory compliance requirements with real security measures. The solution includes hands-on security testing, expert guidance, and a focus on actual threat prevention rather than just documentation. It merges traditional compliance workflows with practical security implementations.|In the Pit with Cody Schneider| |LinkedInbound - Automated Professional Visibility Engine|LinkedIn automation for inbound job offers. Professionals spending hours on manual outreach. $99/month per job seeker.|Automated system for creating visibility and generating inbound interest on LinkedIn through coordinated profile viewing and engagement. Uses multiple accounts to create visibility patterns that trigger curiosity and inbound messages.|In the Pit with Cody Schneider| |ConvoTracker - Community Discussion Monitoring Platform|Community discussion monitoring across Reddit, Twitter, HN. Companies missing sales opportunities. $499/month per brand tracked.|Comprehensive monitoring system that tracks competitor mentions and industry discussions across multiple platforms (Reddit, Twitter, Hacker News, etc.) with automated alerts and engagement suggestions.|In the Pit with Cody Schneider| |ContentAds Pro - Smart Display Ad Implementation|Display ad implementation service for content creators. Bloggers losing thousands in ad revenue monthly. Makes $3-5k per site setup plus ongoing optimization fees.|Implementation of professional display advertising through networks like Mediavine that specialize in optimizing ad placement and revenue while maintaining user experience. Include features like turning off ads for email subscribers and careful placement to minimize impact on core metrics.|The Side Hustle Show - "636: Is Business Coaching Worth It? A Look Inside the last 12 months of Side Hustle Nation"| |MoneyAppReviews - Professional Side Hustle App Testing|Professional testing service for money-making apps. People wasting time on low-paying apps. Makes $20k/month from affiliate commissions and ads.|Professional app testing service that systematically reviews money-making apps and creates detailed, honest reviews including actual earnings data, time investment, and practical tips.|The Side Hustle Show - "636: Is Business Coaching Worth It? A Look Inside the last 12 months of Side Hustle Nation"| |LightPro - Holiday Light Installation Service|Professional Christmas light installation service. Homeowners afraid of ladders. $500-2000 per house plus storage.|Professional Christmas light installation service targeting residential and commercial properties. Full-service offering including design, installation, maintenance, removal and storage. Focus on safety and premium aesthetic results.|The Side Hustle Show - "639: 30 Ways to Make Extra Money for the Holidays"| |FocusMatch - Research Participant Marketplace|Marketplace connecting companies to paid research participants. Companies spending weeks finding people. $50-150/hour per study.|Online platform connecting companies directly with paid research participants. Participants create detailed profiles and get matched to relevant studies. Companies get faster access to their target demographic while participants earn money sharing opinions.|The Side Hustle Show - "639: 30 Ways to Make Extra Money for the Holidays"| |SolarShine Pro - Specialized Solar Panel Cleaning Service|Solar panel cleaning service using specialized equipment. Panels lose 50% efficiency when dirty. $650 per job, automated scheduling generates $18k/month from repeat customers.|Professional solar panel cleaning service using specialized deionized water system and European cleaning equipment. Includes automated 6-month scheduling, professional liability coverage, and warranty-safe cleaning processes. Service is bundled with inspection and performance monitoring.|The UpFlip Podcast - "156. $18K/Month with This ONE Service — Niche Business Idea"| |ExteriorCare Complete - One-Stop Exterior Maintenance Service|One-stop exterior home cleaning service (solar, windows, gutters, bird proofing). Automated scheduling. $650 average ticket. 60% repeat customers on 6-month contracts.|All-in-one exterior cleaning service offering comprehensive maintenance packages including solar, windows, gutters, roof cleaning and bird proofing. Single point of contact, consistent quality, and automated scheduling for all services.|The UpFlip Podcast - "156. $18K/Month with This ONE Service — Niche Business Idea"| |ContentMorph - Automated Cross-Platform Content Adaptation|AI platform converting blog posts into platform-optimized social content. Marketing teams spending 5hrs/post on manual adaptation. $199/mo per brand with 50% margins.|An AI-powered platform that automatically transforms long-form content (blog posts, podcasts, videos) into platform-specific formats (Instagram reels, TikToks, tweets). The system would preserve brand voice while optimizing for each platform's unique requirements and best practices.|Entrepreneurs on Fire - "Digital Threads: The Entrepreneur Playbook for Digital-First Marketing with Neal Schaffer"| |MarketerMatch - Verified Digital Marketing Talent Marketplace|Marketplace for pre-vetted digital marketing specialists. Entrepreneurs spending 15hrs/week on marketing tasks. Platform takes 15% commission averaging $900/month per active client.|A specialized marketplace exclusively for digital marketing professionals, pre-vetted for specific skills (video editing, social media, SEO, etc.). Platform includes skill verification, portfolio review, and specialization matching.|Entrepreneurs on Fire - "Digital Threads: The Entrepreneur Playbook for Digital-First Marketing with Neal Schaffer"| |Tiger Window Cleaning - Premium Local Window Service|Local window cleaning service targeting homeowners. Traditional companies charging 2x market rate. Making $10k/month from $200 initial investment.|Local window cleaning service combining competitive pricing ($5/pane), excellent customer service, and quality guarantees. Uses modern tools like water-fed poles for efficiency. Implements systematic approach to customer communication and follow-up.|The Side Hustle Show - "630: How this College Student’s Side Hustle Brings in $10k a Month"| |RealViz3D - Real Estate Visualization Platform|3D visualization service turning architectural plans into photorealistic renderings for real estate agents. Agents struggling with unbuilt property sales. Making $30-40k/year per operator.|Professional 3D modeling and rendering service that creates photorealistic visualizations of properties before they're built or renovated. The service transforms architectural plans into immersive 3D representations that show lighting, textures, and realistic details. This helps potential buyers fully understand and connect with the space before it physically exists.|Side Hustle School - "#2861 - TBT: An Architect’s Side Hustle in 3D Real Estate Modeling"| |Somewhere - Global Talent Marketplace|Platform connecting US companies with vetted overseas talent. Tech roles costing $150k locally filled for 50% less. Grew from $15M to $52M valuation in 9 months.|Platform connecting US companies with pre-vetted overseas talent at significantly lower rates while maintaining high quality. Handles payments, contracts, and quality assurance to remove friction from global hiring.|My First Million - "I Lost Everything Twice… Then Made $26M In 18 Months| |GymLaunch - Rapid Gym Turnaround Service|Consultants flying to struggling gyms to implement proven member acquisition systems. Gym owners lacking sales expertise. Made $100k in first 21 days.|Expert consultants fly in to implement proven member acquisition systems, train staff, and rapidly fill gyms with new members. The service combines sales training, marketing automation, and proven conversion tactics to transform struggling gyms into profitable businesses within weeks.|My First Million - "I Lost Everything Twice… Then Made $26M In 18 Months| |PublishPlus - Publishing Backend Monetization|Backend monetization system for publishing companies. One-time customers becoming recurring revenue. Grew business from $2M to $110M revenue.|Add complementary backend products and services to increase customer lifetime value. Develop software tools and additional services that natural extend from initial publishing product. Focus on high-margin recurring revenue streams.|My First Million - "I Lost Everything Twice… Then Made $26M In 18 Months| |WelcomeBot - Automated Employee Onboarding Platform|Automated employee welcome platform. HR teams struggling with consistent onboarding. $99/month per 100 employees.|An automated onboarding platform that creates personalized welcome experiences through pre-recorded video messages, scheduled check-ins, and automated swag delivery. The platform would ensure consistent high-quality onboarding regardless of timing or location.|Entrepreneurs on Fire - "Free Training on Building Systems and Processes to Scale Your Business with Chris Ronzio: An EOFire Classic from 2021"| |ProcessBrain - Business Knowledge Documentation Platform|SaaS platform turning tribal knowledge into documented processes. Business owners spending hours training new hires. $199/month per company.|A software platform that makes it easy to document and delegate business processes and procedures. The platform would include templates, guided documentation flows, and tools to easily share and update procedures. It would help businesses create a comprehensive playbook of their operations.|Entrepreneurs on Fire - "Free Training on Building Systems and Processes to Scale Your Business with Chris Ronzio: An EOFire Classic from 2021"| |TradeMatch - Modern Manufacturing Job Marketplace|Modern job board making manufacturing sexy again. Factory jobs paying $40/hr but can't recruit. $500 per successful referral.|A specialized job marketplace and recruitment platform focused exclusively on modern manufacturing and trade jobs. The platform would combine TikTok-style content marketing, referral programs, and modern UX to make manufacturing jobs appealing to Gen Z and young workers. Would leverage existing $500 referral fees and industry demand.|My First Million - "He Sold His Company For $15M, Then Got A Job At McDonald’s"| |GroundLevel - Executive Immersion Program|Structured program putting CEOs in front-line jobs. Executives disconnected from workers. $25k per placement.|A structured program that places executives and founders in front-line jobs (retail, warehouse, service) for 2-4 weeks with documentation and learning framework. Similar to Scott Heiferman's McDonald's experience but productized.|My First Million - "He Sold His Company For $15M, Then Got A Job At McDonald’s"| |OneStepAhead - Micro-Mentorship Marketplace|Marketplace for 30-min mentorship calls with people one step ahead. Professionals seeking specific guidance. Takes 15% of session fees.|MicroMentor Marketplace - Platform connecting people with mentors who are just one step ahead in their journey for focused, affordable micro-mentorship sessions.|Entrepreneurs on Fire - "How to Create an Unbroken Business with Michael Unbroken: An EOFire Classic from 2021"| |VulnerableLeader - Leadership Authenticity Training Platform|Leadership vulnerability training platform. Leaders struggling with authentic communication. $2k/month per company subscription.|Leadership Vulnerability Platform - A digital training platform combining assessment tools, guided exercises, and peer support to help leaders develop authentic communication skills. The platform would include real-world scenarios, video coaching, and measurable metrics for tracking leadership growth through vulnerability.|Entrepreneurs on Fire - "How to Create an Unbroken Business with Michael Unbroken: An EOFire Classic from 2021"| |NetworkAI - Smart Network Intelligence Platform|AI analyzing your network to find hidden valuable connections. Professionals missing opportunities in existing contacts. $49/month per user.|AI Network Navigator - Smart tool that analyzes your professional network across platforms, identifies valuable hidden connections, and suggests specific actionable ways to leverage relationships for mutual benefit.|Entrepreneurs on Fire - "How to Create an Unbroken Business with Michael Unbroken: An EOFire Classic from 2021"| |Porch Pumpkins - Seasonal Decoration Service|Full-service porch pumpkin decoration. Homeowners spend $300-1350 per season. One operator making $1M in 8 weeks seasonal revenue.|Full-service seasonal porch decoration service focused on autumn/Halloween, including design, installation, maintenance, and removal. Offering premium curated pumpkin arrangements with various package tiers.|My First Million - "The guy who gets paid $80K/yr to do nothing"| |Silent Companion - Professional Presence Service|Professional silent companions for lonely people. Huge problem in Japan/globally. $68/session, $80k/year per companion. Non-sexual, just presence.|A professional companion service where individuals can rent a non-judgmental, quiet presence for various activities. The companion provides silent company without the pressure of conversation or social performance. They accompany clients to events, meals, or just sit quietly together.|My First Million - "The guy who gets paid $80K/yr to do nothing"| Hope this is useful. If anyone would like to ensure I include any particular podcasts or episodes etc. in future posts, very happy to do so. I'll generally send \~5 ideas per week in a short weekly digest format (you can see the format I'd usually use in here: podcastmarketwatch.beehiiv.com). I find it mindblowing that the latest models with large context windows make it even possible to analyze full transcripts at such scale. It's a very exciting time we're living through! Would love some feedback on this stuff, happy to iterate and improve the analysis/ideas... or create a new newsletter on a different topic if anyone would like. Cheers!

Why you should consider using small open source fine-tuned models

Context I want to start off by giving some context on what fine-tuning is, why it's useful and who it would be useful for: What is fine-tuning? When controlling the output of an LLM there are, broadly, three levels. Prompt engineering, RAG and fine-tuning. Most of you are likely familiar with the first two. Prompt engineering is when you try to optimize the prompt to get the model to do what you want better. RAG (retrieval augmented generation) is when you first do a search on some data (usually stored in a vector database which allows you to search by similarity), then you insert the results into the prompt so that the model can use that context to more accurately answer any questions. It's like letting the LLM access external information right before answering, using that additional context to improve its response Fine-tuning is when you want to fundamentally teach a model something new or teach it to behave in a particular way. You would provide the model with high quality data (i.e. inputs and outputs) which it will train on. Why is it useful? At the moment, many of you use the largest and best LLMs because they give the best results. However, for a lot of use cases you are likely using a sledgehammer for a small nail. Does it do a great job? Damn yeah! Well... why not use a smaller hammer? Because it might miss or hit your finger. The solution shouldn't be to use a sledgehammer, but rather to learn how to use a smaller hammer properly so you never miss! That's exactly what fine-tuning a smaller model is like. Once you fine-tune it on a specific task with good high quality data, it can surpass even the best models at that specific task. It'll be 10x cheaper to run, much faster and, if you use an open source model, you'll own the model (no vendor lock-in!). If you run a SaaS and your biggest expense is AI costs then you should definitely consider fine-tuning. It'll take some time to set up but it'll be well worth it in the medium/long term (a bit like SEO). You can always resort to the best models for more complex tasks. How to fine-tune? I'm going to give you a breakdown of the process from beginning to end. You do need to be (a bit) technical in order to do this. Getting the data Let's suppose we want to fine-tune a model to make high-quality SEO content. At the moment, you might be using a large sophisticated prompt or using multiple large LLMs to write different parts or utilizing RAG. This is all slow and expensive but might be giving you great results. Our goal is to replace this with a fine-tuned model that is great at one thing: writing high-quality SEO content quickly at a much lower cost. The first step is gathering the appropriate data. If you want the model to write 3 or 4 paragraphs based on a prompt that contains the topic and a few keywords, then your data should match that. There are a few way you can do this: You can manually gather high-quality SEO content. You'd write the prompt and the response that the model should give. You can use a larger more powerful LLM to generate the content for you (also known as synthetic data). It'll be expensive but remember that it'll be a larger one-off cost to get the data. If you already have a pipeline that works great then you can use the prompts and the generated content that you already have from that pipeline. You can buy a high-quality dataset or get someone to make it for you. The data is the most important part of this process. Remember, garbage in garbage out. Your data needs to have a good variety and should not contain any bad examples. You should aim for around 1000 examples. The more the better! The actual fine-tuning. At this stage you are now ready to choose a model and setup the fine-tuning. If you are unsure I'd stick to the Llama 3.1 family of models. They are great and reliable. There are three models: 8b, 70b and 405b. Depending on the complexity of the task you should select an appropriate size. However, to really reap the cost saving benefits and the speed you should try to stick with the 8b model or the the 70b model if the 8b is not good enough. For our SEO example, let's use the 8b model. Important note on selecting a model: You might see multiple models with the 8b flag. You might see 4bit-bnb or instruct. The instruct version of the models have basically been trained to be chatbots. So if you want to keep the chatbot-like instruction-following functionality then you should use the instruct version as the base. The non-instruct version simply generates text. It won't 'act' like a chatbot which is better for use cases like creative writing. The 4bit-bnb means that the model has been 'quantized'. Basically it has been made 4x smaller (the original is in 16 bits) so that it is faster to download and faster to fine-tune. This slightly reduces the accuracy of the model but it's usually fine for most use cases :) Fine-tuning should be done on a good GPU. CPU aren't good enough. So you can't spin up a droplet on digital ocean and use that. You'll specifically need to spin up a GPU. One website that I think is great is Runpod .io (I am not affiliated with them). You simply pay for the GPU by the hour. If you want the training to be fast you can use the H100, if you want something cheaper but slower you can use the A40. Although the A40 won't be good enough to run the 70b parameter model. For the 405b model you'll need multiple H100s but let's leave that for more advanced use cases. Once you've spun up your H100 and ssh-ed into it. I would recommend using the unsloth open source library to do the fine-tuning. They have great docs and good boilerplate code. You want to train using a method called QLoRA. This won't train the entire model but only "part of it". I don't want to get into the technical details as t3hat isn't important but essentially it's a very efficient and effective way of fine-tuning models. When fine-tuning you can provide something called a 'validation set'. As your model is training it will be tested against the 'validation set' to see how well it's doing. You'll get an 'eval loss' which basically means how well is your model doing when compared with the unseen validation data. If you have 1000 training examples I'd recommend taking out 100-200 so it can act as the validation set. Your model may start off with an eval loss of 1.1 and by the end of the training (e.g. 3 epochs - the number of epochs is the number of times your model will be trained on the entire dataset. It's like reading a book more than once so you can understand it better. Usually 3-5 epochs is enough) the eval loss would drop to 0.6 or 0.7 which means your model has made great progress in learning your dataset! You don't want it to be too low as that means it is literally memorizing which isn't good. Post fine-tuning You'll want to save the model with the best eval loss. You actually won't have the whole model, just something called the "QLoRA adapters". These are basically like the new neurons that contain the "understanding" of the data you trained the model on. You can combine these with the base model (using unsloth again) to prompt the model. You can also (and I recommend this) convert the model to GGUF format (using unsloth again). This basically packages the QLoRA adapters and model together into an optimized format so you can easily and efficiently run it and prompt it (using unsloth again... lol). I would then recommend running some evaluations on the new model. You can do this by simply prompting the new model and a more powerful model (or using your old pipeline) and then asking a powerful model e.g. Claude to judge which is better. If your model consistently does better then you've hit a winner! You can then use runpod again to deploy the model to their serverless AI endpoint so you only pay when it's actually being inferenced. (Again, I'm not affiliated with them) I hope this was useful and you at least got a good idea of what fine-tuning is and how you might go about doing it. By the way, I've just launched a website where you can easily fine-tune Llama 3.1 models. I'm actually hoping to eventually automate this entire process as I believe small fine-tuned models will be much more common in the future. If you want more info, feel free to DM me :)

From "There's an App for that" to "There's YOUR App for that" - AI workflows will transform generic apps into deeply personalized experiences

I will not promote. For the past decade mobile apps were a core element of daily life for entertainment, productivity and connectivity. However, as the ecosystem saturated the general desire to download "just one more app" became apprehensive. There were clear monopolistic winners in different categories, such as Instagram and TikTok, which completely captured the majority of people's screentime. The golden age of creating indie apps and becoming a millionaire from them was dead. Conceptual models of these popular apps became ingrained in the general consciousness, and downloading new apps where re-learning new UI layouts was required, became a major friction point. There is high reluctance to download a new app rather than just utilizing the tooling of the growing market share of the existing winners. Content marketing and white labeled apps saw a resurgence of new app downloads, as users with parasympathetic relationships with influencers could be more easily persuaded to download them. However, this has led to a series of genericized tooling that lacks the soul of the early indie developer apps from the 2010s (Flappy bird comes to mind). A seemingly grim spot to be in, until everything changed on November 30th 2022. Sam Altman, Ilya Sutskever and team announced chatGPT, a Large Language Model that was the first publicly available generative AI tool. The first non-deterministic tool that could reason probablisitically in a similar (if flawed) way, to the human mind. At first, it was a clear paradigm shift in the world of computing, this was obvious from the fact that it climbed to 1 Million users within the first 5 days of its launch. However, despite the insane hype around the AI, its utility was constrained to chatbot interfaces for another year or more. As the models reasoning abilities got better and better, engineers began to look for other ways of utilizing this new paradigm shift, beyond chatbots. It became clear that, despite the powerful abilities to generate responses to prompts, the LLMs suffered from false hallucinations with extreme confidence, significantly impacting the reliability of their use, in search, coding and general utility. Retrieval Augmented Generation (RAG) was coined to provide a solution to this. Now, the LLM would apply a traditional search for data, via a database, a browser or other source of truth, and then feed that information into the prompt as it generates, allowing for more accurate results. Furthermore, it became clear that you could enhance an LLM by providing them metadata to interact with tools such as APIs for other services, allowing LLMs to perform actions typically reserved for humans, like fetching data, manipulating it and acting as an independent Agent. This prompted engineers to start treating LLMs, not as a database and a search engine, but rather a reasoning system, that could be part of a larger system of inputs and feedback to handle workflows independently. These "AI Agents" are poised to become the core technology in the next few years for hyper-personalizing and automating processes for specific users. Rather than having a generic B2B SaaS product that is somewhat useful for a team, one could standup a modular system of Agents that can handle the exactly specified workflow for that team. Frameworks such as LlangChain and LLamaIndex will help enable this for companies worldwide. The power is back in the hands of the people. However, it's not just big tech that is going to benefit from this revolution. AI Agentic workflows will allow for a resurgence in personalized applications that work like personal digital employee's. One could have a Personal Finance agent keeping track of their budgets, a Personal Trainer accountability coaching you making sure you meet your goals, or even a silly companion that roasts you when you're procrastinating. The options are endless ! At the core of this technology is the fact that these agents will be able to recall all of your previous data and actions, so they will get better at understanding you and your needs as a function of time. We are at the beginning of an exciting period in history, and I'm looking forward to this new period of deeply personalized experiences. What are your thoughts ? Let me know in the comments !

Voice AI Isn’t Just for Big Brands – Here’s How Startups Can Use It (I will not promote)

When you think about Voice AI, it’s easy to picture massive companies like Amazon or Google pouring millions into complex systems. But it isn’t just for the big guys anymore. Startups can use it too, and it doesn’t have to cost a fortune. Why Startups Should Care About Voice AI Voice AI used to be expensive and complicated, but that’s changed a lot. Today, even small startups can use it to save time, cut costs, and make customers happier—all without needing a massive budget. If you think that repetitive tasks are eating up your team’s time, or if customers are getting frustrated by slow responses, Voice AI can help. And it’s not just for call centers or tech giants. Startups can benefit from it just as much, if not more. 3 Practical Ways Startups Can Use Voice AI Automated Scheduling and Appointment Setting Whether it’s booking meetings, setting reminders, or rescheduling, Voice AI can handle it all. This is especially useful for service-based startups, like healthcare clinics, legal firms, or consulting agencies. Answering Frequently Asked Questions (FAQs) Every startup gets repetitive questions—“What are your hours?” “What’s your refund policy?” Instead of answering the same things over and over, Voice AI can automate it. Order Tracking and Status Updates For e-commerce startups, Voice AI can provide real-time order updates without involving a human. Customers get quick answers, and your team can focus on more important tasks. Simple Workflow: How It Works Customer Initiates Call Customer calls the business for scheduling, FAQs, or order updates. Voice AI Answers AI responds with a natural, human-like voice. AI Handles the Request Schedules appointments, answers FAQs, or provides order updates. Integration and Confirmation Syncs with calendars or order management systems. Confirms booking or provides tracking info. Call Ends Customer gets what they need without waiting. Team stays focused on higher-priority tasks. If the fear is that Voice AI will sound robotic or annoy customers, it’s worth reconsidering. Today’s tech is way more natural and human-like than it used to be. You can use free trial of platforms like Retell AI or Play AI or Bland AI (I will not promote) Would it make sense for your startup to try Voice AI?

A Structured Approach to Ideation and Validation (I will not promote)

Hi all, I used to work in VC and wanted to share some startup knowledge and insights from startup founders I know. Recently, I interviewed a friend of mine who built an AI Robotics startup ("Hivebotics") that creates automated toilet-cleaning robots. I can't post the full article because of Reddit's word limit, so I'll be posting it in sections here instead. This first section of the transcript goes through his approach to ideation and validation. Enjoy and let me know what you think! (I will not promote) \\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\ (1) Ideation and Validation Problem-Market-Solution Framework I like to think of startup ideation and validation using this framework: Problem– What exactly are you solving? Observation– How you identify a problem to work on User Research– How you further understand that problem Market– Is there a large enough market for solving this problem? Size– How many people experience this same problem? Demand– How many of those people are willing to pay for the solution? Solution– Your answer to the problem Desirability– Whether people actually want your solution Feasibility– Whether building the solution is practical and realistic Viability– Whether your solution can generate revenue Problem You always need to start problem-first, which is something that was really drilled into me during my time at Stanford. Too often, founders rush to build solutions first—apps or products they find exciting—without confirming whether there's any real demand for it. The first step is always to identify a specific problem, then further understand its scale, urgency and further details by talking to potential users. Observation– To find problems, observation is key. People may not even realise the inefficiencies in their processes until you point them out. That’s why interviews and field research are so important. There are problems all around us, so it's simply a matter of going out, paying attention and being attuned to them as they occur. User Research– To further understand the problem, conducting user research by interviewing potential customers is essential. Personally, I like to use the "Mom Test" when I conduct interviews to avoid biased and generic feedback. Don’t just ask theoretical questions and avoid being too specific—observe how your potential users work, ask about pain points, and use broad, open-ended questions to ensure you aren't leading them to a specific answer. Market Once you've found an actual problem and talked to enough potential users to really understand its specific pain points, the next step is to determine the market size and demand for a solution. Size– Determining the market size is essential because it determines whether or not it's commercially worthwhile to pursue the problem and develop a solution for it. You need to determine if there are enough potential customers out there experiencing this problem to gauge the market size. There's no secret strategy for this; you have to interview as many potential users as possible to confirm that it's a widespread problem in the industry. Demand– Make sure that you're working on a problem that people will gladly pay to have solved. Even if the problem is large enough, you have to make sure it's painful enough to warrant a paid solution. If many people experience the same problem, but aren't willing to pay for a solution, then you don't have a market and should look for a different problem to validate. Another way of looking at it is that your true market size is the number of potential customers actually willing to pay* for the solution to the problem, not the number of people simply experiencing the same problem. Solution When validating a potential solution to the problem, I would look at the 3 factors of desirability, feasibility and viability. Desirability– the degree to which a solution appeals to people and fulfills their wants and needs. Without strong desirability, even the most technically advanced or economically practical product is unlikely to succeed. The best way to test this is to secure financial commitments early on during the proof-of-concept stage. Most people are polite, so they may simply tell you that your startup's product is good even if it's not. However, if they're actually willing to pay for the solution, this is actual evidence of your product's desirability. Don't just ask people if they would pay for it; actually see whether they will pay for it. Feasibility– whether a product can be built using existing technical capabilities. A lack of feasibility makes it challenging or impossible to develop the product, no matter how appealing it might be to users or how promising its financial prospects are. This is just a matter of conducting initial research and actually trying to build a prototype, which will inform you whether the fully-realised product is truly feasible. Viability– the product's ability to generate sustainable financial returns. Without financial viability, the business supporting the product cannot endure, even if the product is highly appealing to users and technically achievable. Here, you need to look at your unit economics, development costs and other expenses to determine the viability of your solution. \\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\ Hope you enjoyed reading this; let me know your honest thoughts in the comments and I'll try to improve how I interview founders based on those!

How a founder built a B2B AI startup to serve with 65+ global brands (including Fortune500 companies) (I will not promote)

AI Palette is an AI-driven platform that helps food and beverage companies predict emerging product trends. I had the opportunity recently to sit down with the founder to get his advice on building an AI-first startup, which he'll be going through in this post. (I will not promote) About AI Palette: Co-founders: >!2 (Somsubhra GanChoudhuri, Himanshu Upreti)!!100+!!$12.7M USD!!AI-powered predictive analytics for the CPG (Consumer Packaged Goods) industry!!Signed first paying customer in the first year!!65+ global brands, including Cargill, Diageo, Ajinomoto, Symrise, Mondelez, and L’Oréal, use AI Palette!!Every new product launched has secured a paying client within months!!Expanded into Beauty & Personal Care (BPC), onboarding one of India’s largest BPC companies within weeks!!Launched multiple new product lines in the last two years, creating a unified suite for brand innovation!Identify the pain points in your industry for ideas* When I was working in the flavour and fragrance industry, I noticed a major issue CPG companies faced: launching a product took at least one to two years. For instance, if a company decided today to launch a new juice, it wouldn’t hit the market until 2027. This long timeline made it difficult to stay relevant and on top of trends. Another big problem I noticed was that companies relied heavily on market research to determine what products to launch. While this might work for current consumer preferences, it was highly inefficient since the product wouldn’t actually reach the market for several years. By the time the product launched, the consumer trends had already shifted, making that research outdated. That’s where AI can play a crucial role. Instead of looking at what consumers like today, we realised that companies should use AI to predict what they will want next. This allows businesses to create products that are ahead of the curve. Right now, the failure rate for new product launches is alarmingly high, with 8 out of 10 products failing. By leveraging AI, companies can avoid wasting resources on products that won’t succeed, leading to better, more successful launches. Start by talking to as many industry experts as possible to identify the real problems When we first had the idea for AI Palette, it was just a hunch, a gut feeling—we had no idea whether people would actually pay for it. To validate the idea, we reached out to as many people as we could within the industry. Since our focus area was all about consumer insights, we spoke to professionals in the CPG sector, particularly those in the insights departments of CPG companies. Through these early conversations, we began to see a common pattern emerge and identified the exact problem we wanted to solve. Don’t tell people what you’re building—listen to their frustrations and challenges first. Going into these early customer conversations, our goal was to listen and understand their challenges without telling them what we were trying to build. This is crucial as it ensures that you can gather as much data about the problem to truly understand it and that you aren't biasing their answers by showing your solution. This process helped us in two key ways: First, it validated that there was a real problem in the industry through the number of people who spoke about experiencing the same problem. Second, it allowed us to understand the exact scale and depth of the problem—e.g., how much money companies were spending on consumer research, what kind of tools they were currently using, etc. Narrow down your focus to a small, actionable area to solve initially. Once we were certain that there was a clear problem worth solving, we didn’t try to tackle everything at once. As a small team of two people, we started by focusing on a specific area of the problem—something big enough to matter but small enough for us to handle. Then, we approached customers with a potential solution and asked them for feedback. We learnt that our solution seemed promising, but we wanted to validate it further. If customers are willing to pay you for the solution, it’s a strong validation signal for market demand. One of our early customer interviewees even asked us to deliver the solution, which we did manually at first. We used machine learning models to analyse the data and presented the results in a slide deck. They paid us for the work, which was a critical moment. It meant we had something with real potential, and we had customers willing to pay us before we had even built the full product. This was the key validation that we needed. By the time we were ready to build the product, we had already gathered crucial insights from our early customers. We understood the specific information they wanted and how they wanted the results to be presented. This input was invaluable in shaping the development of our final product. Building & Product Development Start with a simple concept/design to validate with customers before building When we realised the problem and solution, we began by designing the product, but not by jumping straight into coding. Instead, we created wireframes and user interfaces using tools like InVision and Figma. This allowed us to visually represent the product without the need for backend or frontend development at first. The goal was to showcase how the product would look and feel, helping potential customers understand its value before we even started building. We showed these designs to potential customers and asked for feedback. Would they want to buy this product? Would they pay for it? We didn’t dive into actual development until we found a customer willing to pay a significant amount for the solution. This approach helped us ensure we were on the right track and didn’t waste time or resources building something customers didn’t actually want. Deliver your solution using a manual consulting approach before developing an automated product Initially, we solved problems for customers in a more "consulting" manner, delivering insights manually. Recall how I mentioned that when one of our early customer interviewees asked us to deliver the solution, we initially did it manually by using machine learning models to analyse the data and presenting the results to them in a slide deck. This works for the initial stages of validating your solution, as you don't want to invest too much time into building a full-blown MVP before understanding the exact features and functionalities that your users want. However, after confirming that customers were willing to pay for what we provided, we moved forward with actual product development. This shift from a manual service to product development was key to scaling in a sustainable manner, as our building was guided by real-world feedback and insights rather than intuition. Let ongoing customer feedback drive iteration and the product roadmap Once we built the first version of the product, it was basic, solving only one problem. But as we worked closely with customers, they requested additional features and functionalities to make it more useful. As a result, we continued to evolve the product to handle more complex use cases, gradually developing new modules based on customer feedback. Product development is a continuous process. Our early customers pushed us to expand features and modules, from solving just 20% of their problems to tackling 50–60% of their needs. These demands shaped our product roadmap and guided the development of new features, ultimately resulting in a more complete solution. Revenue and user numbers are key metrics for assessing product-market fit. However, critical mass varies across industries Product-market fit (PMF) can often be gauged by looking at the size of your revenue and the number of customers you're serving. Once you've reached a certain critical mass of customers, you can usually tell that you're starting to hit product-market fit. However, this critical mass varies by industry and the type of customers you're targeting. For example, if you're building an app for a broad consumer market, you may need thousands of users. But for enterprise software, product-market fit may be reached with just a few dozen key customers. Compare customer engagement and retention with other available solutions on the market for product-market fit Revenue and the number of customers alone isn't always enough to determine if you're reaching product-market fit. The type of customer and the use case for your product also matter. The level of engagement with your product—how much time users are spending on the platform—is also an important metric to track. The more time they spend, the more likely it is that your product is meeting a crucial need. Another way to evaluate product-market fit is by assessing retention, i.e whether users are returning to your platform and relying on it consistently, as compared to other solutions available. That's another key indication that your solution is gaining traction in the market. Business Model & Monetisation Prioritise scalability Initially, we started with a consulting-type model where we tailor-made specific solutions for each customer use-case we encountered and delivered the CPG insights manually, but we soon realized that this wasn't scalable. The problem with consulting is that you need to do the same work repeatedly for every new project, which requires a large team to handle the workload. That is not how you sustain a high-growth startup. To solve this, we focused on building a product that would address the most common problems faced by our customers. Once built, this product could be sold to thousands of customers without significant overheads, making the business scalable. With this in mind, we decided on a SaaS (Software as a Service) business model. The benefit of SaaS is that once you create the software, you can sell it to many customers without adding extra overhead. This results in a business with higher margins, where the same product can serve many customers simultaneously, making it much more efficient than the consulting model. Adopt a predictable, simplistic business model for efficiency. Look to industry practices for guidance When it came to monetisation, we considered the needs of our CPG customers, who I knew from experience were already accustomed to paying annual subscriptions for sales databases and other software services. We decided to adopt the same model and charge our customers an annual upfront fee. This model worked well for our target market, aligning with industry standards and ensuring stable, recurring revenue. Moreover, our target CPG customers were already used to this business model and didn't have to choose from a huge variety of payment options, making closing sales a straightforward and efficient process. Marketing & Sales Educate the market to position yourself as a thought leader When we started, AI was not widely understood, especially in the CPG industry. We had to create awareness around both AI and its potential value. Our strategy focused on educating potential users and customers about AI, its relevance, and why they should invest in it. This education was crucial to the success of our marketing efforts. To establish credibility, we adopted a thought leadership approach. We wrote blogs on the importance of AI and how it could solve problems for CPG companies. We also participated in events and conferences to demonstrate our expertise in applying AI to the industry. This helped us build our brand and reputation as leaders in the AI space for CPG, and word-of-mouth spread as customers recognized us as the go-to company for AI solutions. It’s tempting for startups to offer products for free in the hopes of gaining early traction with customers, but this approach doesn't work in the long run. Free offerings don’t establish the value of your product, and customers may not take them seriously. You should always charge for pilots, even if the fee is minimal, to ensure that the customer is serious about potentially working with you, and that they are committed and engaged with the product. Pilots/POCs/Demos should aim to give a "flavour" of what you can deliver A paid pilot/POC trial also gives you the opportunity to provide a “flavour” of what your product can deliver, helping to build confidence and trust with the client. It allows customers to experience a detailed preview of what your product can do, which builds anticipation and desire for the full functionality. During this phase, ensure your product is built to give them a taste of the value you can provide, which sets the stage for a broader, more impactful adoption down the line. Fundraising & Financial Management Leverage PR to generate inbound interest from VCs When it comes to fundraising, our approach was fairly traditional—we reached out to VCs and used connections from existing investors to make introductions. However, looking back, one thing that really helped us build momentum during our fundraising process was getting featured in Tech in Asia. This wasn’t planned; it just so happened that Tech in Asia was doing a series on AI startups in Southeast Asia and they reached out to us for an article. During the interview, they asked if we were fundraising, and we mentioned that we were. As a result, several VCs we hadn’t yet contacted reached out to us. This inbound interest was incredibly valuable, and we found it far more effective than our outbound efforts. So, if you can, try to generate some PR attention—it can help create inbound interest from VCs, and that interest is typically much stronger and more promising than any outbound strategies because they've gone out of their way to reach out to you. Be well-prepared and deliberate about fundraising. Keep trying and don't lose heart When pitching to VCs, it’s crucial to be thoroughly prepared, as you typically only get one shot at making an impression. If you mess up, it’s unlikely they’ll give you a second chance. You need to have key metrics at your fingertips, especially if you're running a SaaS company. Be ready to answer questions like: What’s your retention rate? What are your projections for the year? How much will you close? What’s your average contract value? These numbers should be at the top of your mind. Additionally, fundraising should be treated as a structured process, not something you do on the side while juggling other tasks. When you start, create a clear plan: identify 20 VCs to reach out to each week. By planning ahead, you’ll maintain momentum and speed up the process. Fundraising can be exhausting and disheartening, especially when you face multiple rejections. Remember, you just need one investor to say yes to make it all worthwhile. When using funds, prioritise profitability and grow only when necessary. Don't rely on funding to survive. In the past, the common advice for startups was to raise money, burn through it quickly, and use it to boost revenue numbers, even if that meant operating at a loss. The idea was that profitability wasn’t the main focus, and the goal was to show rapid growth for the next funding round. However, times have changed, especially with the shift from “funding summer” to “funding winter.” My advice now is to aim for profitability as soon as possible and grow only when it's truly needed. For example, it’s tempting to hire a large team when you have substantial funds in the bank, but ask yourself: Do you really need 10 new hires, or could you get by with just four? Growing too quickly can lead to unnecessary expenses, so focus on reaching profitability as soon as possible, rather than just inflating your team or burn rate. The key takeaway is to spend your funds wisely and only when absolutely necessary to reach profitability. You want to avoid becoming dependent on future VC investments to keep your company afloat. Instead, prioritize reaching break-even as quickly as you can, so you're not reliant on external funding to survive in the long run. Team-Building & Leadership Look for complementary skill sets in co-founders When choosing a co-founder, it’s important to find someone with a complementary skill set, not just someone you’re close to. For example, I come from a business and commercial background, so I needed someone with technical expertise. That’s when I found my co-founder, Himanshu, who had experience in machine learning and AI. He was a great match because his technical knowledge complemented my business skills, and together we formed a strong team. It might seem natural to choose your best friend as your co-founder, but this can often lead to conflict. Chances are, you and your best friend share similar interests, skills, and backgrounds, which doesn’t bring diversity to the table. If both of you come from the same industry or have the same strengths, you may end up butting heads on how things should be done. Having diverse skill sets helps avoid this and fosters a more collaborative working relationship. Himanshu (left) and Somsubhra (right) co-founded AI Palette in 2018 Define roles clearly to prevent co-founder conflict To avoid conflict, it’s essential that your roles as co-founders are clearly defined from the beginning. If your co-founder and you have distinct responsibilities, there is no room for overlap or disagreement. This ensures that both of you can work without stepping on each other's toes, and there’s mutual respect for each other’s expertise. This is another reason as to why it helps to have a co-founder with a complementary skillset to yours. Not only is having similar industry backgrounds and skillsets not particularly useful when building out your startup, it's also more likely to lead to conflicts since you both have similar subject expertise. On the other hand, if your co-founder is an expert in something that you're not, you're less likely to argue with them about their decisions regarding that aspect of the business and vice versa when it comes to your decisions. Look for employees who are driven by your mission, not salary For early-stage startups, the first hires are crucial. These employees need to be highly motivated and excited about the mission. Since the salary will likely be low and the work demanding, they must be driven by something beyond just the paycheck. The right employees are the swash-buckling pirates and romantics, i.e those who are genuinely passionate about the startup’s vision and want to be part of something impactful beyond material gains. When employees are motivated by the mission, they are more likely to stick around and help take the startup to greater heights. A litmus test for hiring: Would you be excited to work with them on a Sunday? One of the most important rounds in the hiring process is the culture fit round. This is where you assess whether a candidate shares the same values as you and your team. A key question to ask yourself is: "Would I be excited to work with this person on a Sunday?" If there’s any doubt about your answer, it’s likely not a good fit. The idea is that you want employees who align with the company's culture and values and who you would enjoy collaborating with even outside of regular work hours. How we structure the team at AI Palette We have three broad functions in our organization. The first two are the big ones: Technical Team – This is the core of our product and technology. This team is responsible for product development and incorporating customer feedback into improving the technology Commercial Team – This includes sales, marketing, customer service, account managers, and so on, handling everything related to business growth and customer relations. General and Administrative Team – This smaller team supports functions like finance, HR, and administration. As with almost all businesses, we have teams that address the two core tasks of building (technical team) and selling (commercial team), but given the size we're at now, having the administrative team helps smoothen operations. Set broad goals but let your teams decide on execution What I've done is recruit highly skilled people who don't need me to micromanage them on a day-to-day basis. They're experts in their roles, and as Steve Jobs said, when you hire the right person, you don't have to tell them what to do—they understand the purpose and tell you what to do. So, my job as the CEO is to set the broader goals for them, review the plans they have to achieve those goals, and periodically check in on progress. For example, if our broad goal is to meet a certain revenue target, I break it down across teams: For the sales team, I’ll look at how they plan to hit that target—how many customers they need to sell to, how many salespeople they need, and what tactics and strategies they plan to use. For the technical team, I’ll evaluate our product offerings—whether they think we need to build new products to attract more customers, and whether they think it's scalable for the number of customers we plan to serve. This way, the entire organization's tasks are cascaded in alignment with our overarching goals, with me setting the direction and leaving the details of execution to the skilled team members that I hire.

Online Reputation AI - Startup got stuck

Hi, I‘m one of 3 co-founders of a startup that built an AI-driven SaaS and App product this year. We‘re coming from an SaaS background, two of us senior developers (in the 3% of highest earning freelancers in Germany) and expert in our fields. The third is a seasoned sales strategist. We have a minor 4th co-founder (legal advisor). The company is self-funded, no investors. Our tech is owned by us, built by us and the product was already operational after a few months. We basically solve three data science/NLP issues in a generalized way: understand customer feedback to improve your business. Analyzes online review with context and explains it with a drill down, aggregation, charts (AI insights, timeframe reports); evidence driven, agentic LLM and ETL processes drive this. respond to customer feedback, half-automated, human in the loop, but AI supported. In the tone of your brand, any language. And context-aware, with your customer support signature etc. competitor analysis. Because we do 1 for you, we can do 1. for all of your competitors and compare the results, yielding insights like „oh, this happens to everyone in November to December, so I should focus on something else“ — etc. Now, after a huge sales effort we got only one paying customer. This customer is petty happy with the product. They tell us that they use our product daily, it‘s better than all the other solutions out there (better than TrustYou, etc.) However, after cold calling/emailing hundreds of leads, we almost always hear that „what we have is good enough“. Or that they don‘t have budget. I‘m the introverted tech part of the startup. I‘m good with algorithms. Give me any tech issue and I will solve it for you quickly and efficiently. I make stuff work. But with my startups I never had commercial luck. People always tell me about my stellar potential, because I can build things almost nobody else can. I come from a poor families background, worked my way up the very hard way. I just love tech and programming. I wrote a book for O’Reilly once. I‘m not doing bad economically, but I‘m probably not the best sales person. After founding a few startups with amazing tech, people using the products and loving them, but no commercial success, I truly question myself and if I‘m just unlucky with the fact that I‘m located in Europe, targeting the wrong industries, or are just unlucky somehow? I won‘t blame my co-founders here. They definitely did the best they could. I‘m just a bit resignated. I recently thought about valuing my own lifetime more and only building software for myself anymore. Basically not focusing on what problems other people face and trying to solve them, but solely focusing on what I enjoy doing most — e.g. coding algorithms for a music visualizer. Because in the end, my time is my most valuable resource. If I waste any second on something that isn‘t contributing to „my life“ and how I define success, then it would be a rather stupid deed? I don‘t want to derail too much here. I‘m confused and seeking for advice. Burn me if you like, but please be aware that you are talking to a broadly educated nerd.

Serious B2B businesses will not try to create a solution using AI - This is why. [i will not promote]

After architecting and developing multiple B2B SaaS platforms and resolving countless challenges, here's why I don't think a proper B2B solution can be developed using AI. You must have senior tech-folks in your teams - even if you choose to leverage AI for expediting some code generation. This isn't theory - this is battle-tested reality. You can use this as a template if you're building one. Core Considerations: Multi-Tenancy Foundation (B2B) Proper tenant isolation at every layer (data, compute, networking) Flexible deployment models (pooled vs. silo) based on customer tier Tenant-aware everything (logging, metrics, tracing) Identity & Security (B2B/Standalone) Enterprise-grade authentication, often with SSO support Role-based access control (RBAC) at tenant level (may need dynamic policy generation for resource access) Audit trails for all system actions (specially if you're in a regulated domain) Client/Tenant Management (B2B) Self-service onboarding with admin approval workflows Automated tenant provisioning/deprovisioning Tenant-specific configurations and customizations Cross-tenant analytics and administration Operational Excellence (B2B/Standalone) Zero-downtime deployments (helps with canary releases) Tenant-isolated debugging capabilities Resource quotas and throttling by tenant tier Automated backup and disaster recovery per tenant Scalability Architecture (B2B) Independent scaling of tenant workloads Resource isolation for "noisy neighbor" prevention Tier-based performance guarantees (SLAs) Dynamic resource allocation Each of these topics can be as complicated as you can think of - depends on the solution you're building. I have seen many seasoned architects and developers struggle also because of their "single-tenant" mindset. Here are some common pitfalls to avoid (B2B/Standalone): Standalone - mindset in database design Hard-coded configurations Lack of context in logging/monitoring Insufficient tenant isolation in shared services (B2B) Missing tenant-aware cost allocation (B2B) You need people great with infrastructure as well. They need to consider: Tenant-aware routing (API Gateway or whatever you're using) Code with isolation when/if required Data storage with proper partitioning Shared services vs. dedicated services strategy There are a number of common problems I have seen people often make. Often it's because of a pressure from high above. But every architectural decision must considered in terms of the solution you're building. In many cases, security cannot be bolted on later, observability must be tenant-aware from day one, operations must scale. This is just the foundation. Your actual business logic sits ON TOP of all this. Now, would you think these can be done by AI? I'll be waiting for that day. :-)

Looking for an accountability partner as a solo founder. [I will not promote]

Hello! I am a technical founder focused on using AI solutions to drive automation. Recently had a co-founder split after working together for a couple month. We had a very good traction but I made a decision to leave because I believed we didn't have a solid foundational relationship that can be sustained for a long time. Had more of a co-worker style relationship. Took on the short-term pain to set myself up for a long term success. He was the one leading the sales and relation with the businesses, so we decided he will be leading the company moving forward and we split on very good terms. Back in the gulag now and starting from scratch. Took three days to reset and recover. When I tried to get back at things yesterday, my brain wasn't just having it. My stress activation got so high, i did like 4 wim hof breathing sessions and a 10 mile run to relieve the stress buildup. There is something about uncertainty and working without a lack of clear path that is super hard to process especially when you are solo. Currently I am working through my previous idea backlogs that I have built up and re-starting previous conversations. But my brain isn't giving me the dopamine hit from driving toward action as much as I used to. So any work that i do feels like a slogging through mud. I am looking to experiment with having an accountability partner, to make the initial ramp up easier. Thinking of doing the elon musk style "What have you done this week?" report that we can do to drive accountability and give that extra motivation. If you're navigating similar challenges as a solo founder and believe mutual accountability could accelerate our progress and growth, I'd love to connect. Let's help each other build momentum and stay motivated—drop a comment or DM if interested! I will not promote

How to get funding for startup ? I will not promote

I will not promote. Software startup based out of Minnesota us. I've built and launched a product that is gaining traction, solving a problem that has frustrated software developers and product teams for years. The problem: Software development is slow, expensive, and full of inefficiencies. Developers spend hours on repetitive coding tasks, project managers struggle with bottlenecks, and businesses waste time translating product requirements into actual code. The solution: My product automates a large portion of software development. It acts as an AI-powered assistant for developers, taking high-level requirements and turning them into functional code while integrating with existing codebases. It can read, understand, and modify software projects in a structured way—cutting development time drastically. The potential: Businesses are always looking for ways to cut costs and speed up development. With the rise of AI, companies are increasingly adopting automation, and this tool fits perfectly into that wave. Imagine a world where software teams are 10x more efficient because AI handles the grunt work, and developers focus on the bigger picture. It’s not about replacing developers—it’s about supercharging them. The current status: The product is live and in use. The user base is growing, and I’ve proven demand. Now, I need to figure out the best funding model to scale—whether that’s bootstrapping, VC, grants, or some hybrid approach. If you have experience in startup funding or have scaled a tech product, I'd love to hear your insights. DM me if you're open to discussing strategies!

Solo technical founders, has not having a business cofounder even screwed you up? "I will not promote"

I’m creating an AI startup; a reinforcement learning model designed to do a certain thing in a big field. I’ve basically developed code for a prototype (I hope to start training in two weeks) I do believe YC advice for taking a cofounder, but risk of getting a bad one is too high. In my life I also haven't met people with my grit, at least from my countries, so I'll have to "date down", I guess. At least in technical sense. So, has not having a business cofounder actually screwed anyone up badly?  (Looking at people who are doing ventures with $20m+ potential/real ARR,)

We received 25k investment offer, need advice [I will not promote]

We received a $25k for 2.5% on a convertible note offer from a US based investor. The note matures in 18 months with an interest rate of 5%, but the investor said they can extend it further. It’s an AI SaaS in graphic design. We have been bootstrapping till now, and we feel that this money could help us hire better engineers and marketeers, we want to grow it to a good revenue, but don't see it becoming a billion dollar startup as such. Our initial plans were to build it like an indie-hacker, grow it a decent revenue and sell it to someone who can take better care of it. We built it as a side project with full time jobs. We already have decent traction with 10k+ signups and $600+ in revenue per month with <100 dollars spent on marketing. But our AI model costs are high, 0.2 USD per user that we onboard and provide free credits. But we as founders are more interested in another idea that we have been thinking about and see a bigger potential + founder market fit in. The current product is good, and we can foresee that with better hiring and marketing, we can grow our revenue to about 10-20k a month, like a regular online business. What should we do? We don't want to simply let go of the product because it's not that it doesn't work, it's just that we as founders are better fit for something else. We can't sell it yet as the revenue isn't too high and we haven't even incorporated. Is it okay if we think of growing it to 10-20k+ a month and then intend to sell it to someone who can take better care of it? Should we take the investment in such a case, given this investment is definitely gonna help us grow? Process of incorporation will also help us in selling this business later I think?

I spent 6 months on building a tool, and got 0 zero users. Here is my story.

Edit Thank you all so much for your time reading my story. Your support, feedback, criticism, and skepticism; all helped me a lot, and I couldn't appreciate it enough \^\_\^ TL;DR I spent 6 months on a tool that currently has 0 users. Below is what I learned during my journey, sharing because I believe most mistakes are easily avoidable. Do not overestimate your product and assume it will be an exception to fundamental principles. Principles are there for a reason. Always look for validation before you start. Avoid building products with a low money-to-effort ratio/in very competitive fields. Unless you have the means, you probably won't make it. Pick a problem space, pick your target audience, and talk to them before thinking about a solution. Identify and match their pain points. Only then should you think of a solution. If people are not overly excited or willing to pay in advance for a discounted price, it might be a sign to rethink. Sell one and only one feature at a time. Avoid everything else. If people don't pay for that one core feature, no secondary feature will change their mind. Always spend twice as much time marketing as you do building. You will not get users if they don't know it exists. Define success metrics ("1000 users in 3 months" or "$6000 in the account at the end of 6 months") before you start. If you don't meet them, strongly consider quitting the project. If you can't get enough users to keep going, nothing else matters. VALIDATION, VALIDATION, VALIDATION. Success is not random, but most of our first products will not make a success story. Know when to admit failure, and move on. Even if a product of yours doesn't succeed, what you learned during its journey will turn out to be invaluable for your future. My story So, this is the story of a product, Summ, that I’ve been working on for the last 6 months. As it's the first product I’ve ever built, after watching you all from the sidelines, I have learned a lot, made many mistakes, and did only a few things right. Just sharing what I’ve learned and some insights from my journey so far. I hope that this post will help you avoid the mistakes I made — most of which I consider easily avoidable — while you enjoy reading it, and get to know me a little bit more 🤓. A slow start after many years Summ isn’t the first product I really wanted to build. Lacking enough dev skills to even get started was a huge blocker for so many years. In fact, the first product I would’ve LOVED to build was a smart personal shopping assistant. I had this idea 4 years ago; but with no GPT, no coding skills, no technical co-founder, I didn’t have the means to make it happen. I still do not know if such a tool exists and is good enough. All I wanted was a tool that could make data-based predictions about when to buy stuff (“buy a new toothpaste every three months”) and suggest physical products that I might need or be strongly interested in. AFAIK, Amazon famously still struggles with the second one. Fast-forward a few years, I learned the very basics of HTML, CSS, and Vanilla JS. Still was not there to build a product; but good enough to code my design portfolio from scratch. Yet, I couldn’t imagine myself building a product using Vanilla JS. I really hated it, I really sucked at it. So, back to tutorial hell, and to learn about this framework I just heard about: React.React introduced so many new concepts to me. “Thinking in React” is a phrase we heard a lot, and with quite good reasons. After some time, I was able to build very basic tutorial apps, both in React, and React Native; but I have to say that I really hated coding for mobile. At this point, I was already a fan of productivity apps, and had a concept for a time management assistant app in my design portfolio. So, why not build one? Surely, it must be easy, since every coding tutorial starts with a todo app. ❌ WRONG! Building a basic todo app is easy enough, but building one good enough for a place in the market was a challenge I took and failed. I wasted one month on that until I abandoned the project for good. Even if I continued working on it, as the productivity landscape is overly competitive, I wouldn’t be able to make enough money to cover costs, assuming I make any. Since I was (and still am) in between jobs, I decided to abandon the project. 👉 What I learned: Do not start projects with a low ratio of money to effort and time. Example: Even if I get 500 monthly users, 200 of which are paid users (unrealistically high number), assuming an average subscription fee of $5/m (such apps are quite cheap, mostly due to the high competition), it would make me around $1000 minus any occurring costs. Any founder with a product that has 500 active users should make more. Even if it was relatively successful, due to the high competition, I wouldn’t make any meaningful money. PS: I use Todoist today. Due to local pricing, I pay less than $2/m. There is no way I could beat this competitive pricing, let alone the app itself. But, somehow, with a project that wasn’t even functional — let alone being an MVP — I made my first Wi-Fi money: Someone decided that the domain I preemptively purchased is worth something. By this point, I had already abandoned the project, certainly wasn’t going to renew the domain, was looking for a FT job, and a new project that I could work on. And out of nowhere, someone hands me some free money — who am I not to take it? Of course, I took it. The domain is still unused, no idea why 🤔. Ngl, I still hate the fact that my first Wi-Fi money came from this. A new idea worth pursuing? Fast-forward some weeks now. Around March, I got this crazy idea of building an email productivity tool. We all use emails, yet we all hate them. So, this must be fixed. Everyone uses emails, in fact everyone HAS TO use emails. So, I just needed to build a tool and wait for people to come. This was all, really. After all, the problem space is huge, there is enough room for another product, everyone uses emails, no need for any further validation, right? ❌ WRONG ONCE AGAIN! We all hear from the greatest in the startup landscape that we must validate our ideas with real people, yet at least some of us (guilty here 🥸) think that our product will be hugely successful and prove them to be an exception. Few might, but most are not. I certainly wasn't. 👉 Lesson learned: Always validate your ideas with real people. Ask them how much they’d pay for such a tool (not if they would). Much better if they are willing to pay upfront for a discount, etc. But even this comes later, keep reading. I think the difference between “How much” and “If” is huge for two reasons: (1) By asking them for “How much”, you force them to think in a more realistic setting. (2) You will have a more realistic idea on your profit margins. Based on my competitive analysis, I already had a solution in my mind to improve our email usage standards and email productivity (huge mistake), but I did my best to learn about their problems regarding those without pushing the idea too hard. The idea is this: Generate concise email summaries with suggested actions, combine them into one email, and send it at their preferred times. Save as much as time the AI you end up with allows. After all, everyone loves to save time. So, what kind of validation did I seek for? Talked with only a few people around me about this crazy, internet-breaking idea. The responses I got were, now I see, mediocre; no one got excited about it, just said things along the lines of “Cool idea, OK”. So, any reasonable person in this situation would think “Okay, not might not be working”, right? Well, I did not. I assumed that they were the wrong audience for this product, and there was this magical land of user segments waiting eagerly for my product, yet unknowingly. To this day, I still have not reached this magical place. Perhaps, it didn’t exist in the first place. If I cannot find it, whether it exists or not doesn’t matter. I am certainly searching for it. 👉 What I should have done: Once I decide on a problem space (time management, email productivity, etc.), I should decide on my potential user segments, people who I plan to sell my product to. Then I should go talk to those people, ask them about their pains, then get to the problem-solving/ideation phase only later. ❗️ VALIDATION COMES FROM THE REALITY OUTSIDE. What validation looks like might change from product to product; but what invalidation looks like is more or less the same for every product. Nico Jeannen told me yesterday “validation = money in the account” on Twitter. This is the ultimate form of validation your product could get. If your product doesn’t make any money, then something is invalidated by reality: Your product, you, your idea, who knows? So, at this point, I knew a little bit of Python from spending some time in tutorial hell a few years ago, some HTML/CSS/JS, barely enough React to build a working app. React could work for this project, but I needed easy-to-implement server interactivity. Luckily, around this time, I got to know about this new gen of indie hackers, and learned (but didn’t truly understand) about their approach to indie hacking, and this library called Nextjs. How good Next.js still blows my mind. So, I was back to tutorial hell once again. But, this time, with a promise to myself: This is the last time I would visit tutorial hell. Time to start building this "ground-breaking idea" Learning the fundamentals of Next.js was easier than learning of React unsurprisingly. Yet, the first time I managed to run server actions on Next.js was one of the rarest moments that completely blew my mind. To this day, I reject the idea that it is something else than pure magic under its hood. Did I absolutely need Nextjs for this project though? I do not think so. Did it save me lots of time? Absolutely. Furthermore, learning Nextjs will certainly be quite helpful for other projects that I will be tackling in the future. Already got a few ideas that might be worth pursuing in the head in case I decide to abandon Summ in the future. Fast-forward few weeks again: So, at this stage, I had a barely working MVP-like product. Since the very beginning, I spent every free hour (and more) on this project as speed is essential. But, I am not so sure it was worth it to overwork in retrospect. Yet, I know I couldn’t help myself. Everything is going kinda smooth, so what’s the worst thing that could ever happen? Well, both Apple and Google announced their AIs (Apple Intelligence and Google Gemini, respectively) will have email summarization features for their products. Summarizing singular emails is no big deal, after all there were already so many similar products in the market. I still think that what truly matters is a frictionless user experience, and this is why I built this product in a certain way: You spend less than a few minutes setting up your account, and you get to enjoy your email summaries, without ever visiting its website again. This is still a very cool concept I really like a lot. So, at this point: I had no other idea that could be pursued, already spent too much time on this project. Do I quit or not? This was the question. Of course not. I just have to launch this product as quickly as possible. So, I did something right, a quite rare occurrence I might say: Re-planned my product, dropped everything secondary to the core feature immediately (save time on reading emails), tried launching it asap. 👉 Insight: Sell only one core feature at one time. Drop anything secondary to this core feature. Well, my primary occupation is product design. So one would expect that a product I build must have stellar design. I considered any considerable time spent on design at this stage would be simply wasted. I still think this is both true and wrong: True, because if your product’s core benefits suck, no one will care about your design. False, because if your design looks amateurish, no one will trust you and your product. So, I always targeted an average level design with it and the way this tool works made it quite easy as I had to design only 2 primary pages: Landing page and user portal (which has only settings and analytics pages). However, even though I knew spending time on design was not worth much of my time, I got a bit “greedy”: In fact, I redesigned those pages three times, and still ended up with a so-so design that I am not proud of. 👉 What I would do differently: Unless absolutely necessary, only one iteration per stage as long as it works. This, in my mind, applies to everything. If your product’s A feature works, then no need to rewrite it from scratch for any reason, or even refactor it. When your product becomes a success, and you absolutely need that part of your codebase to be written, do so, but only then. Ready to launch, now is th etime for some marketing, right? By July 26, I already had a “launchable” product that barely works (I marked this date on a Notion docs, this is how I know). Yet, I had spent almost no time on marketing, sales, whatever. After all, “You build and they will come”. Did I know that I needed marketing? Of course I did, but knowingly didn’t. Why, you might ask. Well, from my perspective, it had to be a dev-heavy product; meaning that you spend most of your time on developing it, mostly coding skills. But, this is simply wrong. As a rule of thumb, as noted by one of the greatests, Marc Louvion, you should spend at least twice of the building time on marketing. ❗️ Time spent on building \* 2 people don’t know your product > they don’t use your product > you don’t get users > you don’t make money Easy as that. Following the same reasoning, a slightly different approach to planning a project is possible. Determine an approximate time to complete the project with a high level project plan. Let’s say 6 months. By the reasoning above, 2 months should go into building, and 4 into marketing. If you need 4 months for building instead of 2, then you need 8 months of marketing, which makes the time to complete the project 12 months. If you don’t have that much time, then quit the project. When does a project count as completed? Well, in reality, never. But, I think we have to define success conditions even before we start for indie projects and startups; so we know when to quit when they are not met. A success condition could look like “Make $6000 in 12 months” or “Have 3000 users in 6 months”. It all depends on the project. But, once you set it, it should be set in stone: You don’t change it unless absolutely necessary. I suspect there are few principles that make a solopreneur successful; and knowing when to quit and when to continue is definitely one of them. Marc Louvion is famously known for his success, but he got there after failing so many projects. To my knowledge, the same applies to Nico Jeannen, Pieter Levels, or almost everyone as well. ❗️ Determining when to continue even before you start will definitely help in the long run. A half-aed launch Time-leap again. Around mid August, I “soft launched” my product. By soft launch, I mean lazy marketing. Just tweeting about it, posting it on free directories. Did I get any traffic? Surely I did. Did I get any users? Nope. Only after this time, it hit me: “Either something is wrong with me, or with this product” Marketing might be a much bigger factor for a project’s success after all. Even though I get some traffic, not convincing enough for people to sign up even for a free trial. The product was still perfect in my eyes at the time (well, still is ^(\_),) so the right people are not finding my product, I thought. Then, a question that I should have been asking at the very first place, one that could prevent all these, comes to my mind: “How do even people search for such tools?” If we are to consider this whole journey of me and my so-far-failed product to be an already destined failure, one metric suffices to show why. Search volume: 30. Even if people have such a pain point, they are not looking for email summaries. So, almost no organic traffic coming from Google. But, as a person who did zero marketing on this or any product, who has zero marketing knowledge, who doesn’t have an audience on social media, there is not much I could do. Finally, it was time to give up. Or not… In my eyes, the most important element that makes a founder (solo or not) successful (this, I am not by any means) is to solve problems. ❗️ So, the problem was this: “People are not finding my product by organic search” How do I make sure I get some organic traffic and gets more visibility? Learn digital marketing and SEO as much as I can within very limited time. Thankfully, without spending much time, I came across Neil Patel's YT channel, and as I said many times, it is an absolute gold mine. I learned a lot, especially about the fundamentals, and surely it will be fruitful; but there is no magic trick that could make people visit your website. SEO certainly helps, but only when people are looking for your keywords. However, it is truly a magical solution to get in touch with REAL people that are in your user segments: 👉 Understand your pains, understand their problems, help them to solve them via building products. I did not do this so far, have to admit. But, in case you would like to have a chat about your email usage, and email productivity, just get in touch; I’d be delighted to hear about them. Getting ready for a ProductHunt launch The date was Sept 1. And I unlocked an impossible achievement: Running out of Supabase’s free plan’s Egres limit while having zero users. I was already considering moving out of their Cloud server and managing a Supabase CLI service on my Hetzner VPS for some time; but never ever suspected that I would have to do this quickly. The cheapest plan Supabase offers is $25/month; yet, at that point, I am in between jobs for such a long time, basically broke, and could barely afford that price. One or two months could be okay, but why pay for it if I will eventually move out of their Cloud service? So, instead of paying $25, I spent two days migrating out of Supabase Cloud. Worth my time? Definitely not. But, when you are broke, you gotta do stupid things. This was the first time that I felt lucky to have zero users: I have no idea how I would manage this migration if I had any. I think this is one of the core tenets of an indie hacker: Controlling their own environment. I can’t remember whose quote this is, but I suspect it was Naval: Entrepreneurs have an almost pathological need to control their own fate. They will take any suffering if they can be in charge of their destiny, and not have it in somebody else’s hands. What’s truly scary is, at least in my case, we make people around us suffer at the expense of our attempting to control our own fates. I know this period has been quite hard on my wife as well, as I neglected her quite a bit, but sadly, I know that this will happen again. It is something that I can barely help with. Still, so sorry. After working the last two weeks on a ProductHunt Launch, I finally launched it this Tuesday. Zero ranking, zero new users, but 36 kind people upvoted my product, and many commented and provided invaluable feedback. I couldn't be more grateful for each one of them 🙏. Considering all these, what lies in the future of Summ though? I have no idea, to be honest. On one hand, I have zero users, have no job, no income. So, I need a way to make money asap. On the other hand, the whole idea of it revolves around one core premise (not an assumption) that I am not so willing to share; and I couldn’t have more trust in it. This might not be the best iteration of it, however I certainly believe that email usage is one of the best problem spaces one could work on. 👉 But, one thing is for certain: I need to get in touch with people, and talk with them about this product I built so far. In fact, this is the only item on my agenda. Nothing else will save my brainchild <3. Below are some other insights and notes that I got during my journey; as they do not 100% fit into this story, I think it is more suitable to list them here. I hope you enjoyed reading this. Give Summ a try, it comes with a generous free trial, no credit card required. Some additional notes and insights: Project planning is one of the most underestimated skills for solopreneurs. It saves you enormous time, and helps you to keep your focus up. Building B2C products beats building B2B products. Businesses are very willing to pay big bucks if your product helps them. On the other hand, spending a few hours per user who would pay $5/m probably is not worth your time. It doesn’t matter how brilliant your product is if no one uses it. If you cannot sell a product in a certain category/niche (or do not know how to sell it), it might be a good idea not to start a project in it. Going after new ideas and ventures is quite risky, especially if you don’t know how to market it. On the other hand, an already established category means that there is already demand. Whether this demand is sufficient or not is another issue. As long as there is enough demand for your product to fit in, any category/niche is good. Some might be better, some might be worse. Unless you are going hardcore B2B, you will need people to find your product by means of organic search. Always conduct thorough keyword research as soon as possible.

Looking for a tech cofounder. Revoltionary (yes really!) gig economy app. I will not promote.

Hey everyone! I’m building a new gig-work app that cuts out the hassles of interviews, applications, and sky-high fees. We’re aiming to make it easy for businesses to hire qualified freelancers for short shifts or one-off tasks—and for freelancers to set their own rates and get paid quickly. Why This App? Time-Saving Model: Instead of posting jobs and conducting multiple interviews, employers can instantly book from a list of KYC-verified freelancers who showcase their skills via 30-second video bios. Cost Leadership: We plan to charge only 5%, far below the 15–50% common in other gig platforms. This keeps more money in the pockets of both freelancers and businesses. Proven Demand: A beta test in 2018 drew nearly 600 active users, validating that there’s appetite for a simpler, fairer way to fill short shifts. About Me 20+ years’ experience in payroll, workforce management, and operations for Fortune 500 companies. Led cross-functional teams, implemented large-scale solutions, and believe in building with a user-first mindset. Offering meaningful equity—I want a true partner, not a hired gun. Who I’m Looking For Full-Stack Developer (comfortable with Node.js, React, Python, or similar and ML/Ai) who can manage everything from front-end to database integration (ideally Postgres/MySQL) and build a same day payments system. Passion for creating solutions that genuinely help gig workers and small businesses. Excitement to collaborate on the product roadmap, from the booking interface to same-day payment features. The Opportunity Major Market: The gig economy is huge and still growing. If we nail speed, cost-effectiveness, and ease of use, we can capture a significant share of it. Remote-Friendly: We can work together from anywhere, though I’m planning to relaunch in London where the initial beta gained momentum. If this sounds like your kind of challenge, drop a comment or DM me. Let’s chat about how we can merge our strengths—my operations background and your technical expertise—to build a platform that truly transforms the gig-work experience. Thanks for reading, and I look forward to creating something impactful together!

Just raised and here are the stats (July 2024)

CEO of a startup - bootstrapped for 10 months with a team of 7 - Built a waitlist of $15B AUM (fintech) and here's what it took (with no intended story structure) I didn't want to spam, so I decided to go the old school route and manually write every single email (some copy and paste) In order to feel prepared, I would do my research prior to reaching out, albeit sometimes limited due to time x reward Sent over 350 emails to around 300 funds and we received three yes' (to be honest we received more than three, but they wanted too much equity, or they weren’t a good fit culturally) Pre Seed is different for everyone. Some accept pre revenue others expect 100-300k ARR - this was one of the more frustrating pieces for me, due to the fact that it's extremely subjective to what "Earliest Stage" means to some funds. We're pre-product, we had to remove our CTO in the process due to performance issues, we let go of our front-end, hired a new CTO, hired an AI Engineer, and replaced our front end. It's a numbers game. We received 94% no reply - 5% nos (with meetings) - 1% yes' I used OpenVC as my main resource, highly recommend even their free product. I recommend using discount with a SAFE. Some Angels like it better, some VC’s hate it. You have to be willing to play ball with whoever leads. Mercury for banking, perks (like Carta), and SAFE agreement. All great at Mercury. Raising for a B2B business in an enterprise market is much easier, unless deep tech or science backed. But consumer products right now are not raising pre seed from what I can tell. If it means anything - it's a numbers game. Go get what you deserve, but put in the work because no one will just hand it to you. Love this community, always here to help anyone I can.

What Are The AI Tools You Used For Your Startup Business?

I'm starting a new ecommerce brand with Shopify, but I don't have much budget, which is why I decided to go for SEO marketing and Facebook Ads for early stage promotion business. I'm limited to resources, and can't afford too much for copywriters or content creators, I learnt from a few more experienced sellers, and they recommend me to use AI for copywriting and AI Video Ads Creation, Any tools you will recommend? Your help is highly appreciated!

How to get funding for startup ? I will not promote

I will not promote. Software startup based out of Minnesota us. I've built and launched a product that is gaining traction, solving a problem that has frustrated software developers and product teams for years. The problem: Software development is slow, expensive, and full of inefficiencies. Developers spend hours on repetitive coding tasks, project managers struggle with bottlenecks, and businesses waste time translating product requirements into actual code. The solution: My product automates a large portion of software development. It acts as an AI-powered assistant for developers, taking high-level requirements and turning them into functional code while integrating with existing codebases. It can read, understand, and modify software projects in a structured way—cutting development time drastically. The potential: Businesses are always looking for ways to cut costs and speed up development. With the rise of AI, companies are increasingly adopting automation, and this tool fits perfectly into that wave. Imagine a world where software teams are 10x more efficient because AI handles the grunt work, and developers focus on the bigger picture. It’s not about replacing developers—it’s about supercharging them. The current status: The product is live and in use. The user base is growing, and I’ve proven demand. Now, I need to figure out the best funding model to scale—whether that’s bootstrapping, VC, grants, or some hybrid approach. If you have experience in startup funding or have scaled a tech product, I'd love to hear your insights. DM me if you're open to discussing strategies!

Should we give up?

I'm currently very demotivated because we're working on our SaaS startup since 1,5 years and we still haven't found active users, let alone a customer. We're building an AI-first tool that automates user research analysis. We've released two MVPs so far and are planning to build a third. People respond well to outreach (5-7% book a demo from those who received a first message) but then they fail to use it. We are talking with users a lot so we are aware of the problems, and we might be able to solve them if we continue building and testing. I find it hard though to solve these problems efficiently, because there are no similar established AI-first products on the market and it feels like we have to create a new UX standard. Some problems might be very hard to be solved, e.g. there are high cost of switching products for many of our potential users. Also, my time is limited, as I recently (5 months ago) became a mother. I can only work 30 hours per week. It's a competitive area we're in and our competitors have gradually developed into the same direction and it's getting harder to position ourselves. Also, GPTs might soon be able to do what we're doing - for free. I feel like AI tools are generally expected by many to be free. The price we're expecting to be able to bill is getting lower and lower and our finance plan is already looking tight. However, there are adjacent audiences which we could target as well, but none of us knows them. Is it normal as a founder to struggle so much at the beginning? I've read that it took established SaaS 2,5 years on average from founding to first revenue. We haven't founded so far so you could say we're not behind \sarcasm\ Shall we keep pushing? My tech co-founder is optimistic and thinks this is where the wheat is separated from the chaff. We're currently supported financially by a government fund so we haven't spent much private money. However, I feel like my career outlook gets worse with each day that I unsuccessfully try to raise this startup.

Nuts and bolts AI implementation for small business

How can small businesses use AI to increase sales or decrease expenses without massive disruption? One way for us is using AI to process our email history to identify patterns and write personalized messages based on past correspondence. According to legal advice in which I have confidence, email that is personalized for each recipient (and meets other standards) does not need to be opt in. If you disagree - understood - but spam morality is not the topic here. Bottom line - obviously a game changer. Knowing phrases people have used before becoming clients - and all of the possible permutations of those phrases, and detecting where those phrases show up will make our sales and marketing many times more effective for a fraction of the cost. There's a reason big corps. record calls, and now small business can leverage the same technology. We are setting up a process that yields accurate, up to date, comprehensive data for our own business operations. Our clients - who are they and how has their demographic changed over time? To answer this question and for email personalization, we also need access to external data sources e.g. like accurate up to date company demographics. IMO - the leader in company data in the US? THEY SUCK. We found there is no magic fairy who is going to make good data appear for our AI. The process of applying our own proprietary knowledge to code and categorize the data is just as important, and obviously highly sensitive. How do we leverage the AI technologies of companies like Google and Microsoft (or anyone else) without being their bitch? Below is a list of some of the sources of my business's data: Data sources: PST/OST/Other Email data files Microsoft data from Windows/O365 Windows/Linux/Android/IOS application logs and other data Web server logs for the company website. SEO/Analytics Data Google data export Google voice/VOIP logs OneDrive/G drive Other Phone system/cell service logs Other SAAS and in-house application data. Facebook/social media data for company pages. QuickBooks/other accounting systems/business bank account logs POS/Credit card processing systems/PayPal, etc. OSINT to fill in the blanks

Good at coding, bad at marketing. Summary

Hello. I posted a question on what to do if you are good at coding but bad at marketing four days ago, and I received so many responses and tips. The original post is here. I was really glad and excited to read comments. To return the favor to the community and add some more value, I’ve summarized all the comments I got on the original post. Here are they, with my personal comments on some of the advice I got. You’ll never believe it, but the most common advice was to learn. Really, the first and only thing you should start with if you’re bad at marketing is learning. Yet learning could be different. I highlighted 5 main areas. Educate yourself on general questions. Learn more about some basics. For example, start by finding out what the 4P’s of marketing are, and afterward, you’ll inevitably run into YouTube videos, seminars, Udemy courses, or any other resource that resonates with you on some ideas/avenues you could pursue. Read books and watch videos. There are tons of books on marketing and sales. People shared in the comments books by Dan Kennedy and “Cashvertising”, written by Drew Eric Whitman. (I’ve never heard of them, but already ordered on Amazon). For sales, the most common idea was to start with YouTube videos. For example, Alex Hormozi videos and Startup school delivered by Ycombinator videos. Check out Indie Hackers and scrutinize it for a piece of good advice from developers in the same situation. Also, there was advice to follow up and read some guy on Twitter. (Don't want to get unfairly banned from here, so won't post it) Educate yourself and hire a professional or find a co-founder to help you: Hire a seasoned marketer in this field to help you out. He will help you achieve cost-efficient scales. But it could be a real problem to find the right person. Marketing agencies are expensive. Try to look on LinkedIn or among your acquaintances. Look for professionals with credentials or extensive experience. Seek marketing referrals from startups of a similar size/industry. If you don't have those, try to bring a trusted/experienced marketer friend into the intro meetings to help assess whether the service provider knows what they are doing. Talented freelancers can often get the job done for less than hiring an entire agency. Look for a co-founder who is savvy in marketing, passionate, and ready to work hard towards mutual success. Educate and DIY Being the face of your business is way better than having faceless communication. The startup checklist is made based on the comments is next: At least have your product defined. Define your target audience. Set up the goals you want to achieve. Make domain expertise and understand the market and the direction of its development. The next stage is answering tricky questions: Have you created a business model? How do you plan to compete? What’s your unique selling point? How much do you plan to budget for marketing? Are you planning to work alone, or will you need other devs? Then you start thinking about clients… You need the exposure to truly understand the customer's pain points and build a product that they love. You need to think about how your clients would think, and you should tailor each step you take for them. Get feedback from your early users if you already have a product. Interview your potential customers to learn how they buy. This will help you narrow your choice of marketing channels. Get your product or service used by several startups and help them achieve their goals. Endorsements are very valuable marketing assets. You need a landing to validate your value proposition and start sending traffic, or you can run meta instant form campaigns... It would depend on the category of your startup. You need a benchmark of the competition's ads both in Meta and Google, blog posts, domain authority, their landing page, and average search volumes. Do affiliate marketing for your product since it's an effective strategy. Educate and use AI tools for dealing with marketing. Build an LLM-based product to automate marketing. (Sounds like an idea for a startup, right?) Learn following ChatGPT advice. In 1–3 months, you will be another updated person. Look at marketowl, an AI marketing department for startups and microbusinesses that have no budget or time to do marketing. It will automate the basic tasks your business needs, but it doesn't require your marketing expertise. Check out AI tools that are delivering very good marketing content (gocharlie, jasper, copyai). Educate yourself and run socials Start a blog or YouTube channel where you can share your expertise in coding or anything else you are good at and how your product simplifies life. Engage with your audience on social media platforms like Instagram and LinkedIn, where you can showcase your industry knowledge. Start a page on Twitter and an account on Reddit. Follow and read subreddits and pages where your potential customers are. Learn the pain from the inside. Do not simply promote, people will lose interest immediately. Start by taking focused time to create informational content, so people will eventually be naturally intrigued by what you do and want to support you when they start to “know” you. Educate your potential users about the value of your product. Create content based on what ideal customers are asking at the various stages of marketing. e.g., if they are at the beginning of the process, they may use basic language; if they are further down the process, maybe they’ll be specific. Try to get on podcasts and build as many social links as you can. In other words, don’t live in a shell! Post regularly, and eventually you’ll find sites or people that are willing to promote for you. I omitted here all personal help offers and newsletters, however you could find them in the original post. Hope that will be helpful!

Seeking advice from every type of business owner - if you have a moment & an opinion please chime in.

Hello everyone. I haven't started selling yet and wanted to get some insight from the community I'm trying to serve (that makes the most sense to me). So over the past couple months I've gotten into AI & Automation. I got a HighLevel account and went to town learning new things. I learned how to make automations and workflows that make running a business easier (my dad has been letting me use his concrete business as a guinea pig). I also learned how to build and train AI Chat Assistants. I want to start a service based business that uses AI & workflows to automate some of the customer service tasks & lead generation for business. What I'm seeking advice about are as follows: NICHE SELECTION: Part of me thinks I shouldn't niche down in the beginning and just take whoever comes and niche down once I find an industry I'm comfortable with. Another side thinks I should choose one. What is your opinion on niche selection in the beginning? PRICING: I know that pricing largely depends on the value I bring to the client, but I've seen people doing the same or similar things as I want to do and charging vastly different prices. From $300- $2,000. While I think these solutions could absolutely help companies get and retain new business and reduce some of the workload of their staff -- I'm not comfortable charging a high price until I've got enough experience and data to justify that. &#x200B; THESE ARE THE SERVICES I'M THINKING OF OFFERING: Customer Service Chat Assistant. This will be on the website as a "Live Chat". It also connects to Facebook Messenger & Google Business Chat. I'd train the chat assistant on everything related to the company; pertinent info (NAP, company mission, industry background), contact info, services / products / pricing, FAQs, current specials &/or discount codes (this can be changed monthly), how to handle upset clients, etc. It can also connect to a calendar like Google or Calendly so customers can make an appointment or schedule a call directly from the conversation. Missed Call Follow Up. If you're familiar with the platform HighLevel it's commonly called "Missed Call Text Back". The idea is that when a call is missed a text message is automatically fired to the prospect's phone saying something along the lines of "Hey this is \\\\\\ from \\\\\\\_. How can I help you?" and the business owner is alerted to the missed call via text notification. People have said they see a lot of success for their clients with this alone due to the instant follow up. I see a lot of people charging $300 /m. for this. My issues with this are: 1). The text fires automatically when the call is missed, but if the business owner isn't available to actually follow up and keep texting after the customer texts back, they will look inconsistent and bothersome. 2). Without context a prospect may wonder why you didn't answer when they called, but texted them instead. So my answer to these problems are #3. SMS Answering Service. It is essentially taking 2 + 1 and combining them. The missed call text goes out to the prospect, but with context on why they're being texted (because no one is available to take the call at the moment) and IF the prospect responds, a Customer Service Chat Assistant will take over the conversation with the goal of answering their questions and either getting them on the phone with the company via a call back OR helping them schedule an appointment. This offers a more consistent solution than just a text to the business owner / team & the prospect is contacted and helped (hopefully) before they have a chance to start calling a competitor. Lead Nurture / Lead Qualifying Sales Funnel. This one is more than just AI & automation. It's a full funnel. It can be for either Facebook or Google. The process is AD -> Landing Page -> AI Text Message Convo -> Booking/Schedule Call/ Appointment. Typically the ad will offer a lead magnet which they will claim on the LP by giving their information. After the form is submitted, they get a text message and begin a conversation with the AI. It can be trained to just walk them through a booking process, nurture a sale by answering questions and handling objections or to qualify leads. Lead qualification via text works well if you want to weed out who is serious versus who is curious. To be clear; I'd be making the ad, landing page & training the AI -- all parts of the funnel. For whichever service a few things are universal: \- All conversations; no matter what platform they're had on, all go to one inbox which is pretty helpful to see them all in one place. \- When scheduling / booking these can also collect payment. \- Tags can be added to keep track of how they came into the business and where they are in a sales pipeline. There are a lot of fun things I can do with these automations and I'm excited about learning more everyday. I'd really like to know what you think these services could be worth to a business. If you do reply please tell me what type of business you're in so I have an idea of what industries I should be looking towards. Thank you for any response I get as I know this was a long read! SN: I currently do digital marketing & web design as a freelancer.

I spent 6 months on building a web product, and got zero users. Here is my story.

Edit Thank you all so much for your time reading my story. Your support, feedback, criticism, and skepticism; all helped me a lot, and I couldn't appreciate it enough \^\_\^ I have stuff to post on Reddit very rarely, but I share how my project is going on, random stuff, and memes on X. Just in case few might want to keep in touch 👀 TL;DR I spent 6 months on a tool that currently has 0 users. Below is what I learned during my journey, sharing because I believe most mistakes are easily avoidable. Do not overestimate your product and assume it will be an exception to fundamental principles. Principles are there for a reason. Always look for validation before you start. Avoid building products with a low money-to-effort ratio/in very competitive fields. Unless you have the means, you probably won't make it. Pick a problem space, pick your target audience, and talk to them before thinking about a solution. Identify and match their pain points. Only then should you think of a solution. If people are not overly excited or willing to pay in advance for a discounted price, it might be a sign to rethink. Sell one and only one feature at a time. Avoid everything else. If people don't pay for that one core feature, no secondary feature will change their mind. Always spend twice as much time marketing as you do building. You will not get users if they don't know it exists. Define success metrics ("1000 users in 3 months" or "$6000 in the account at the end of 6 months") before you start. If you don't meet them, strongly consider quitting the project. If you can't get enough users to keep going, nothing else matters. VALIDATION, VALIDATION, VALIDATION. Success is not random, but most of our first products will not make a success story. Know when to admit failure, and move on. Even if a product of yours doesn't succeed, what you learned during its journey will turn out to be invaluable for your future. My story So, this is the story of a product that I’ve been working on for the last 6 months. As it's the first product I’ve ever built, after watching you all from the sidelines, I have learned a lot, made many mistakes, and did only a few things right. Just sharing what I’ve learned and some insights from my journey so far. I hope that this post will help you avoid the mistakes I made — most of which I consider easily avoidable — while you enjoy reading it, and get to know me a little bit more 🤓. A slow start after many years Summ isn’t the first product I really wanted to build. Lacking enough dev skills to even get started was a huge blocker for so many years. In fact, the first product I would’ve LOVED to build was a smart personal shopping assistant. I had this idea 4 years ago; but with no GPT, no coding skills, no technical co-founder, I didn’t have the means to make it happen. I still do not know if such a tool exists and is good enough. All I wanted was a tool that could make data-based predictions about when to buy stuff (“buy a new toothpaste every three months”) and suggest physical products that I might need or be strongly interested in. AFAIK, Amazon famously still struggles with the second one. Fast-forward a few years, I learned the very basics of HTML, CSS, and Vanilla JS. Still was not there to build a product; but good enough to code my design portfolio from scratch. Yet, I couldn’t imagine myself building a product using Vanilla JS. I really hated it, I really sucked at it. So, back to tutorial hell, and to learn about this framework I just heard about: React.React introduced so many new concepts to me. “Thinking in React” is a phrase we heard a lot, and with quite good reasons. After some time, I was able to build very basic tutorial apps, both in React, and React Native; but I have to say that I really hated coding for mobile. At this point, I was already a fan of productivity apps, and had a concept for a time management assistant app in my design portfolio. So, why not build one? Surely, it must be easy, since every coding tutorial starts with a todo app. ❌ WRONG! Building a basic todo app is easy enough, but building one good enough for a place in the market was a challenge I took and failed. I wasted one month on that until I abandoned the project for good. Even if I continued working on it, as the productivity landscape is overly competitive, I wouldn’t be able to make enough money to cover costs, assuming I make any. Since I was (and still am) in between jobs, I decided to abandon the project. 👉 What I learned: Do not start projects with a low ratio of money to effort and time. Example: Even if I get 500 monthly users, 200 of which are paid users (unrealistically high number), assuming an average subscription fee of $5/m (such apps are quite cheap, mostly due to the high competition), it would make me around $1000 minus any occurring costs. Any founder with a product that has 500 active users should make more. Even if it was relatively successful, due to the high competition, I wouldn’t make any meaningful money. PS: I use Todoist today. Due to local pricing, I pay less than $2/m. There is no way I could beat this competitive pricing, let alone the app itself. But, somehow, with a project that wasn’t even functional — let alone being an MVP — I made my first Wi-Fi money: Someone decided that the domain I preemptively purchased is worth something. By this point, I had already abandoned the project, certainly wasn’t going to renew the domain, was looking for a FT job, and a new project that I could work on. And out of nowhere, someone hands me some free money — who am I not to take it? Of course, I took it. The domain is still unused, no idea why 🤔. Ngl, I still hate the fact that my first Wi-Fi money came from this. A new idea worth pursuing? Fast-forward some weeks now. Around March, I got this crazy idea of building an email productivity tool. We all use emails, yet we all hate them. So, this must be fixed. Everyone uses emails, in fact everyone HAS TO use emails. So, I just needed to build a tool and wait for people to come. This was all, really. After all, the problem space is huge, there is enough room for another product, everyone uses emails, no need for any further validation, right? ❌ WRONG ONCE AGAIN! We all hear from the greatest in the startup landscape that we must validate our ideas with real people, yet at least some of us (guilty here 🥸) think that our product will be hugely successful and prove them to be an exception. Few might, but most are not. I certainly wasn't. 👉 Lesson learned: Always validate your ideas with real people. Ask them how much they’d pay for such a tool (not if they would). Much better if they are willing to pay upfront for a discount, etc. But even this comes later, keep reading. I think the difference between “How much” and “If” is huge for two reasons: (1) By asking them for “How much”, you force them to think in a more realistic setting. (2) You will have a more realistic idea on your profit margins. Based on my competitive analysis, I already had a solution in my mind to improve our email usage standards and email productivity (huge mistake), but I did my best to learn about their problems regarding those without pushing the idea too hard. The idea is this: Generate concise email summaries with suggested actions, combine them into one email, and send it at their preferred times. Save as much as time the AI you end up with allows. After all, everyone loves to save time. So, what kind of validation did I seek for? Talked with only a few people around me about this crazy, internet-breaking idea. The responses I got were, now I see, mediocre; no one got excited about it, just said things along the lines of “Cool idea, OK”. So, any reasonable person in this situation would think “Okay, not might not be working”, right? Well, I did not. I assumed that they were the wrong audience for this product, and there was this magical land of user segments waiting eagerly for my product, yet unknowingly. To this day, I still have not reached this magical place. Perhaps, it didn’t exist in the first place. If I cannot find it, whether it exists or not doesn’t matter. I am certainly searching for it. 👉 What I should have done: Once I decide on a problem space (time management, email productivity, etc.), I should decide on my potential user segments, people who I plan to sell my product to. Then I should go talk to those people, ask them about their pains, then get to the problem-solving/ideation phase only later. ❗️ VALIDATION COMES FROM THE REALITY OUTSIDE. What validation looks like might change from product to product; but what invalidation looks like is more or less the same for every product. Nico Jeannen told me yesterday “validation = money in the account” on Twitter. This is the ultimate form of validation your product could get. If your product doesn’t make any money, then something is invalidated by reality: Your product, you, your idea, who knows? So, at this point, I knew a little bit of Python from spending some time in tutorial hell a few years ago, some HTML/CSS/JS, barely enough React to build a working app. React could work for this project, but I needed easy-to-implement server interactivity. Luckily, around this time, I got to know about this new gen of indie hackers, and learned (but didn’t truly understand) about their approach to indie hacking, and this library called Nextjs. How good Next.js still blows my mind. So, I was back to tutorial hell once again. But, this time, with a promise to myself: This is the last time I would visit tutorial hell. Time to start building this "ground-breaking idea" Learning the fundamentals of Next.js was easier than learning of React unsurprisingly. Yet, the first time I managed to run server actions on Next.js was one of the rarest moments that completely blew my mind. To this day, I reject the idea that it is something else than pure magic under its hood. Did I absolutely need Nextjs for this project though? I do not think so. Did it save me lots of time? Absolutely. Furthermore, learning Nextjs will certainly be quite helpful for other projects that I will be tackling in the future. Already got a few ideas that might be worth pursuing in the head in case I decide to abandon Summ in the future. Fast-forward few weeks again: So, at this stage, I had a barely working MVP-like product. Since the very beginning, I spent every free hour (and more) on this project as speed is essential. But, I am not so sure it was worth it to overwork in retrospect. Yet, I know I couldn’t help myself. Everything is going kinda smooth, so what’s the worst thing that could ever happen? Well, both Apple and Google announced their AIs (Apple Intelligence and Google Gemini, respectively) will have email summarization features for their products. Summarizing singular emails is no big deal, after all there were already so many similar products in the market. I still think that what truly matters is a frictionless user experience, and this is why I built this product in a certain way: You spend less than a few minutes setting up your account, and you get to enjoy your email summaries, without ever visiting its website again. This is still a very cool concept I really like a lot. So, at this point: I had no other idea that could be pursued, already spent too much time on this project. Do I quit or not? This was the question. Of course not. I just have to launch this product as quickly as possible. So, I did something right, a quite rare occurrence I might say: Re-planned my product, dropped everything secondary to the core feature immediately (save time on reading emails), tried launching it asap. 👉 Insight: Sell only one core feature at one time. Drop anything secondary to this core feature. Well, my primary occupation is product design. So one would expect that a product I build must have stellar design. I considered any considerable time spent on design at this stage would be simply wasted. I still think this is both true and wrong: True, because if your product’s core benefits suck, no one will care about your design. False, because if your design looks amateurish, no one will trust you and your product. So, I always targeted an average level design with it and the way this tool works made it quite easy as I had to design only 2 primary pages: Landing page and user portal (which has only settings and analytics pages). However, even though I knew spending time on design was not worth much of my time, I got a bit “greedy”: In fact, I redesigned those pages three times, and still ended up with a so-so design that I am not proud of. 👉 What I would do differently: Unless absolutely necessary, only one iteration per stage as long as it works. This, in my mind, applies to everything. If your product’s A feature works, then no need to rewrite it from scratch for any reason, or even refactor it. When your product becomes a success, and you absolutely need that part of your codebase to be written, do so, but only then. Ready to launch, now is th etime for some marketing, right? By July 26, I already had a “launchable” product that barely works (I marked this date on a Notion docs, this is how I know). Yet, I had spent almost no time on marketing, sales, whatever. After all, “You build and they will come”. Did I know that I needed marketing? Of course I did, but knowingly didn’t. Why, you might ask. Well, from my perspective, it had to be a dev-heavy product; meaning that you spend most of your time on developing it, mostly coding skills. But, this is simply wrong. As a rule of thumb, as noted by one of the greatests, Marc Louvion, you should spend at least twice of the building time on marketing. ❗️ Time spent on building \* 2 people don’t know your product > they don’t use your product > you don’t get users > you don’t make money Easy as that. Following the same reasoning, a slightly different approach to planning a project is possible. Determine an approximate time to complete the project with a high level project plan. Let’s say 6 months. By the reasoning above, 2 months should go into building, and 4 into marketing. If you need 4 months for building instead of 2, then you need 8 months of marketing, which makes the time to complete the project 12 months. If you don’t have that much time, then quit the project. When does a project count as completed? Well, in reality, never. But, I think we have to define success conditions even before we start for indie projects and startups; so we know when to quit when they are not met. A success condition could look like “Make $6000 in 12 months” or “Have 3000 users in 6 months”. It all depends on the project. But, once you set it, it should be set in stone: You don’t change it unless absolutely necessary. I suspect there are few principles that make a solopreneur successful; and knowing when to quit and when to continue is definitely one of them. Marc Louvion is famously known for his success, but he got there after failing so many projects. To my knowledge, the same applies to Nico Jeannen, Pieter Levels, or almost everyone as well. ❗️ Determining when to continue even before you start will definitely help in the long run. A half-aed launch Time-leap again. Around mid August, I “soft launched” my product. By soft launch, I mean lazy marketing. Just tweeting about it, posting it on free directories. Did I get any traffic? Surely I did. Did I get any users? Nope. Only after this time, it hit me: “Either something is wrong with me, or with this product” Marketing might be a much bigger factor for a project’s success after all. Even though I get some traffic, not convincing enough for people to sign up even for a free trial. The product was still perfect in my eyes at the time (well, still is ^(\_),) so the right people are not finding my product, I thought. Then, a question that I should have been asking at the very first place, one that could prevent all these, comes to my mind: “How do even people search for such tools?” If we are to consider this whole journey of me and my so-far-failed product to be an already destined failure, one metric suffices to show why. Search volume: 30. Even if people have such a pain point, they are not looking for email summaries. So, almost no organic traffic coming from Google. But, as a person who did zero marketing on this or any product, who has zero marketing knowledge, who doesn’t have an audience on social media, there is not much I could do. Finally, it was time to give up. Or not… In my eyes, the most important element that makes a founder (solo or not) successful (this, I am not by any means) is to solve problems. ❗️ So, the problem was this: “People are not finding my product by organic search” How do I make sure I get some organic traffic and gets more visibility? Learn digital marketing and SEO as much as I can within very limited time. Thankfully, without spending much time, I came across Neil Patel's YT channel, and as I said many times, it is an absolute gold mine. I learned a lot, especially about the fundamentals, and surely it will be fruitful; but there is no magic trick that could make people visit your website. SEO certainly helps, but only when people are looking for your keywords. However, it is truly a magical solution to get in touch with REAL people that are in your user segments: 👉 Understand your pains, understand their problems, help them to solve them via building products. I did not do this so far, have to admit. But, in case you would like to have a chat about your email usage, and email productivity, just get in touch; I’d be delighted to hear about them. Getting ready for a ProductHunt launch The date was Sept 1. And I unlocked an impossible achievement: Running out of Supabase’s free plan’s Egres limit while having zero users. I was already considering moving out of their Cloud server and managing a Supabase CLI service on my Hetzner VPS for some time; but never ever suspected that I would have to do this quickly. The cheapest plan Supabase offers is $25/month; yet, at that point, I am in between jobs for such a long time, basically broke, and could barely afford that price. One or two months could be okay, but why pay for it if I will eventually move out of their Cloud service? So, instead of paying $25, I spent two days migrating out of Supabase Cloud. Worth my time? Definitely not. But, when you are broke, you gotta do stupid things. This was the first time that I felt lucky to have zero users: I have no idea how I would manage this migration if I had any. I think this is one of the core tenets of an indie hacker: Controlling their own environment. I can’t remember whose quote this is, but I suspect it was Naval: Entrepreneurs have an almost pathological need to control their own fate. They will take any suffering if they can be in charge of their destiny, and not have it in somebody else’s hands. What’s truly scary is, at least in my case, we make people around us suffer at the expense of our attempting to control our own fates. I know this period has been quite hard on my wife as well, as I neglected her quite a bit, but sadly, I know that this will happen again. It is something that I can barely help with. Still, so sorry. After working the last two weeks on a ProductHunt Launch, I finally launched it this Tuesday. Zero ranking, zero new users, but 36 kind people upvoted my product, and many commented and provided invaluable feedback. I couldn't be more grateful for each one of them 🙏. Considering all these, what lies in the future of Summ though? I have no idea, to be honest. On one hand, I have zero users, have no job, no income. So, I need a way to make money asap. On the other hand, the whole idea of it revolves around one core premise (not an assumption) that I am not so willing to share; and I couldn’t have more trust in it. This might not be the best iteration of it, however I certainly believe that email usage is one of the best problem spaces one could work on. 👉 But, one thing is for certain: I need to get in touch with people, and talk with them about this product I built so far. In fact, this is the only item on my agenda. Nothing else will save my brainchild <3. Below are some other insights and notes that I got during my journey; as they do not 100% fit into this story, I think it is more suitable to list them here. I hope you enjoyed reading this. Give Summ a try, it comes with a generous free trial, no credit card required. Some additional notes and insights: Project planning is one of the most underestimated skills for solopreneurs. It saves you enormous time, and helps you to keep your focus up. Building B2C products beats building B2B products. Businesses are very willing to pay big bucks if your product helps them. On the other hand, spending a few hours per user who would pay $5/m probably is not worth your time. It doesn’t matter how brilliant your product is if no one uses it. If you cannot sell a product in a certain category/niche (or do not know how to sell it), it might be a good idea not to start a project in it. Going after new ideas and ventures is quite risky, especially if you don’t know how to market it. On the other hand, an already established category means that there is already demand. Whether this demand is sufficient or not is another issue. As long as there is enough demand for your product to fit in, any category/niche is good. Some might be better, some might be worse. Unless you are going hardcore B2B, you will need people to find your product by means of organic search. Always conduct thorough keyword research as soon as possible.

The Evolution of Financial Technology: How CAs Are Embracing the Digital Age

The Evolution of Financial Technology: How CAs Are Embracing the Digital Age Introduction In an era characterized by rapid technological advancements, the field of finance is undergoing a transformative journey. The emergence of financial technology, or fintech, is reshaping the way businesses manage their finances, and Chartered Accountants (CAs) are at the forefront of this evolution. In this blog post, we'll explore how CAs are embracing fintech and leveraging its potential to enhance financial management, analysis, and advisory services. Fintech's Impact on Financial Services Fintech encompasses a wide range of technologies that leverage data analytics, artificial intelligence, blockchain, and automation to improve financial services. For CAs, this means new tools to streamline processes, enhance decision-making, and offer innovative solutions to clients. Automation of Routine Tasks CAs are increasingly using automation tools to handle repetitive tasks such as data entry, reconciliations, and transaction processing. This not only reduces the risk of human error but also frees up CAs to focus on higher-value tasks like strategic planning and analysis. Advanced Data Analytics Data analytics tools enable CAs to extract meaningful insights from large volumes of financial data. These insights can help businesses identify trends, anticipate risks, and make informed decisions to drive growth. Real-Time Financial Reporting Fintech enables CAs to provide clients with real-time financial reporting, giving businesses immediate access to critical information. This enhances transparency and empowers business owners to respond quickly to changing market conditions. Enhancing Audit Efficiency Fintech tools are revolutionizing the audit process. CAs can use AI-powered algorithms to analyze vast amounts of data, detect anomalies, and identify potential instances of fraud more efficiently. Personalized Financial Planning CAs can leverage fintech to offer personalized financial planning services. With access to detailed financial data, CAs can create tailored strategies that align with a client's unique goals and circumstances. Strengthening Cybersecurity As businesses become more reliant on digital tools, cybersecurity becomes paramount. CAs are playing a critical role in advising clients on cybersecurity measures to protect sensitive financial information. Virtual CFO Services Fintech enables CAs to offer virtual CFO services to startups and small businesses. Through digital platforms, CAs can provide expert financial advice and guidance remotely, making their expertise accessible to a wider range of clients. Embracing Blockchain Technology Blockchain's potential for secure and transparent record-keeping is of interest to CAs. They can explore applications in supply chain finance, smart contracts, and even audit trail verification. Continuous Learning in Fintech CAs recognize the importance of staying updated with fintech trends. Many are investing in continuous learning to master the use of new tools and technologies that can optimize their services. Conclusion The integration of fintech into the realm of finance is reshaping the landscape in profound ways. CAs are embracing these technologies to elevate their roles from traditional number-crunchers to strategic advisors, equipped with tools that enhance efficiency, accuracy, and insight. As fintech continues to evolve, CAs will remain pivotal in guiding businesses through the ever-changing financial landscape, leveraging technology to drive growth, innovation, and success. Find the top verified CA in your City Feel free to let me know if you'd like more blogs on different topics or if you have specific requirements for the content.

Struggling with my dog-themed clothing store – How can I make it better?

TL;DR: I own a dog-inspired store that’s struggling to make sales. I need your honest feedback to make it better. Hey reddit, I’m turning to you because I really need your honest feedback. I run a small online shop, dogloverclothing.com, where I sell dog-inspired fashion items and accessories (product list is growing). I poured my heart into creating it because I’m a huge dog lover (I own a Corgi and a Beagle), and I thought there must be others out there who’d resonate with the style of my designs. I truly believe my shop is fun and creative and I thought other dog lovers would easily connect with the dog-theme behind it. But I’m struggling. I’ve only made 1-2 sales a year and I feel like I’ve hit a wall. Let me be completely transparent about my situation: I have a small child who needs my care in the afternoons. I work part-time in the mornings, and the only time I'm able to work on my shop is in the evenings (once all the usual household chaos is settled) or on weekends. That gives me maybe 1-2 hours a day to focus on this project. I don’t have the money or time for big ad campaigns, influencer cooperations, daily social media activity, or even professional photoshoots for my products. My visuals are mostly created with AI tools, stock imagery, and mockup generators, but I think they look professional enough to be converting. I tried small ad campaigns, and while I got a few sales, the ad costs ended up being higher than my revenue, so I had to stop. I also tried organic Social Media activity, but the time I put into that did not turn into any traffic, followers or sales, so I also stopped that. I know that putting myself/my face out there on social media could help, but I’m not comfortable showing my face or apartment in videos or ads. I could do flatlays or simple videos with the products I have at home. Right now, I’m putting all my energy into SEO, hoping to attract organic traffic and customers. Otherwise, I feel stuck with marketing. I want to make the most of the limited time and resources I have. My dream definitely isn’t to get rich here from this shop. I would love to make an extra $300-500 a month to make life a little easier for my family, while fulfilling my creative streak – and that's about it. I’m not sure if that’s even realistic, but it’s what keeps me going. So, guys: What do you think I’m doing wrong or could do better? Is it the designs? The pricing? The website layout? The lack of time/lack of money? How can I make this work with my limited time and resources? Are there any affordable, creative marketing strategies you’d recommend for someone in my shoes? Is my goal of $300-500/month realistic for a store like mine? I’m open to all your ideas, tips, and even brutal honesty. This isn’t just a business for me, it’s my passion project, and I’d love to make it somewhat of sustainable. I’m not here to sell you something. I’m here to learn. I know Reddit doesn’t hold back, and that’s what I need. Can you take a look at my site, tell me what you think, and help me figure out why this dream hasn’t taken off yet? I know running a business is tough, and I deeply admire everyone in this community who’s making it work. I’d love to hear your insights, experiences, and even your tough love if that’s what it takes to get my dream back on track. Thank you so much for taking the time to read this and for any advice you can offer!

Help with short-form video creatives for Tiktok, Youtube Shorts and IG | Apps and Posting Strategy for Skincare brand

Hi everyone, Hope everyone’s January has been going well so far. We are in the process of launching our ecommerce skincare brand in about 1-1.5 months. Last few months have been quite packed with figuring logistics and such. We will be launching IG, FB, TT and Youtube. I am very new to creating short form video creatives. We have some photos for our products from the recent photoshoots, but not much video contents. We are in the process of researching micro influencers on both IG and TK in order to produce UGC contents. However, that will take a few weeks at least. In the mean time, for our pre-launch, we still want to create some followers and a community before we can have authentic UGC contents. What are some best AI apps to do this? I have heard of: Cliptalk Pro Luma Luma Dream Machine Invideo. However, the options are endless and I am quite overwhelmed with the options. Which ones do you guys recommend to create high quality authentic videos? Our target audience is a anywhere from 20-40s, and a more premium/ luxury market since our prices are not cheap. Hence we do not want to create any gimmick Gen Z videos. Any apps that can help us with script, creating realistic videos would be great. Also in terms of posting strategy, what is the best frequency and types of content to post? Would posting once a day be enough? What kinds of hashtags should we be using in order to reach the audience

Ai C-Level team

I've been exploring ways to run a company where I'm essentially the only internal team member, relying entirely on a suite of specialized AIs for executive roles, supported occasionally by external consultants for niche expertise. My goal is to stay lean, agile, and highly creative, especially in a fashion/tech brand context. Essentially, I'm building an AI-driven C-Level team, or what I like to call a "C-Level AI Wallet." Here's what I'm thinking for the key executive roles I'd need to cover with AI: CEO AI – Responsible for overall strategy, decision-making, trend analysis, and guiding the company's vision. I'd probably lean on something advanced like Gemini, GPT-4, or similar models, fine-tuned with market-specific data. COO AI (Operations): I'd need tools that streamline and automate logistics, supply chain management, and day-to-day operations (think something along the lines of Zapier AI integrations or Make). CMO AI (Marketing & Content): For branding, content creation, digital marketing, and consumer insights, I'd use Jasper or Copy.ai, combined with predictive analytics tools like Google Vertex AI to understand trends better. Additionally, for generating engaging visual and multimedia content, tools like Midjourney, DALL·E, Adobe Firefly, and Runway ML would be perfect. CFO AI (Financial Management): For financial management, cash flow control, and investment decisions, I'd probably leverage AI tools like Bloomberg GPT, combined with AI-powered forecasting platforms. CHRO AI (Human Resources & Culture): Although the internal team is minimal (just myself!), I'd still rely on AI for tasks like project management, freelancer hiring, and performance tracking—tools like HireVue AI, Motion, or even Notion's AI could be beneficial here. CSO AI (Sustainability & Compliance): Since sustainability and ethical sourcing are critical, I'd integrate ESG-focused AI tools to ensure transparency and responsible sourcing. My idea is that, with the right AI tools seamlessly integrated, I can manage the strategic vision and creative direction personally, leveraging external consultants only when necessary. This setup would ideally allow me to operate as a one-person internal team supported by a robust "wallet" of AI executives. Has anyone tried a similar approach? What AI tools would you recommend for a truly lean, innovative brand structure? I'm very curious about your experiences or suggestions—let me know your thoughts!

Anyone seen success with this AI stuff?

Hey r/smallbusiness , I'm an eCommerce manager for a regional electronics retailer (online and physical stores). We focus on higher-end stuff - TVs, audio systems, laptops, appliances, etc. I was recently approached by a startup pitching an AI Sales Assistant for websites. They showed it conversing with customers via voice & chat, and is designed to really guide customers through complex purchases. Think product questions, comparisons, even handling objections etc. I'm curious if anyone has actually implemented AI sales assistants, especially for higher-consideration products like electronics. Have you seen tangible success? And even if you're in a different product category, I'd be interested to hear if you've experimented with this type of tech and what your experience was. Any insights on what worked, what didn't, or general advice would be super helpful as we explore this. Thanks in advance for any thoughts!

I spent 6 months on building a web product, and got zero users. Here is my story.

Edit Thank you all so much for your time reading my story. Your support, feedback, criticism, and skepticism; all helped me a lot, and I couldn't appreciate it enough \^\_\^ I have stuff to post on Reddit very rarely, but I share how my project is going on, random stuff, and memes on X. Just in case few might want to keep in touch 👀 TL;DR I spent 6 months on a tool that currently has 0 users. Below is what I learned during my journey, sharing because I believe most mistakes are easily avoidable. Do not overestimate your product and assume it will be an exception to fundamental principles. Principles are there for a reason. Always look for validation before you start. Avoid building products with a low money-to-effort ratio/in very competitive fields. Unless you have the means, you probably won't make it. Pick a problem space, pick your target audience, and talk to them before thinking about a solution. Identify and match their pain points. Only then should you think of a solution. If people are not overly excited or willing to pay in advance for a discounted price, it might be a sign to rethink. Sell one and only one feature at a time. Avoid everything else. If people don't pay for that one core feature, no secondary feature will change their mind. Always spend twice as much time marketing as you do building. You will not get users if they don't know it exists. Define success metrics ("1000 users in 3 months" or "$6000 in the account at the end of 6 months") before you start. If you don't meet them, strongly consider quitting the project. If you can't get enough users to keep going, nothing else matters. VALIDATION, VALIDATION, VALIDATION. Success is not random, but most of our first products will not make a success story. Know when to admit failure, and move on. Even if a product of yours doesn't succeed, what you learned during its journey will turn out to be invaluable for your future. My story So, this is the story of a product that I’ve been working on for the last 6 months. As it's the first product I’ve ever built, after watching you all from the sidelines, I have learned a lot, made many mistakes, and did only a few things right. Just sharing what I’ve learned and some insights from my journey so far. I hope that this post will help you avoid the mistakes I made — most of which I consider easily avoidable — while you enjoy reading it, and get to know me a little bit more 🤓. A slow start after many years Summ isn’t the first product I really wanted to build. Lacking enough dev skills to even get started was a huge blocker for so many years. In fact, the first product I would’ve LOVED to build was a smart personal shopping assistant. I had this idea 4 years ago; but with no GPT, no coding skills, no technical co-founder, I didn’t have the means to make it happen. I still do not know if such a tool exists and is good enough. All I wanted was a tool that could make data-based predictions about when to buy stuff (“buy a new toothpaste every three months”) and suggest physical products that I might need or be strongly interested in. AFAIK, Amazon famously still struggles with the second one. Fast-forward a few years, I learned the very basics of HTML, CSS, and Vanilla JS. Still was not there to build a product; but good enough to code my design portfolio from scratch. Yet, I couldn’t imagine myself building a product using Vanilla JS. I really hated it, I really sucked at it. So, back to tutorial hell, and to learn about this framework I just heard about: React.React introduced so many new concepts to me. “Thinking in React” is a phrase we heard a lot, and with quite good reasons. After some time, I was able to build very basic tutorial apps, both in React, and React Native; but I have to say that I really hated coding for mobile. At this point, I was already a fan of productivity apps, and had a concept for a time management assistant app in my design portfolio. So, why not build one? Surely, it must be easy, since every coding tutorial starts with a todo app. ❌ WRONG! Building a basic todo app is easy enough, but building one good enough for a place in the market was a challenge I took and failed. I wasted one month on that until I abandoned the project for good. Even if I continued working on it, as the productivity landscape is overly competitive, I wouldn’t be able to make enough money to cover costs, assuming I make any. Since I was (and still am) in between jobs, I decided to abandon the project. 👉 What I learned: Do not start projects with a low ratio of money to effort and time. Example: Even if I get 500 monthly users, 200 of which are paid users (unrealistically high number), assuming an average subscription fee of $5/m (such apps are quite cheap, mostly due to the high competition), it would make me around $1000 minus any occurring costs. Any founder with a product that has 500 active users should make more. Even if it was relatively successful, due to the high competition, I wouldn’t make any meaningful money. PS: I use Todoist today. Due to local pricing, I pay less than $2/m. There is no way I could beat this competitive pricing, let alone the app itself. But, somehow, with a project that wasn’t even functional — let alone being an MVP — I made my first Wi-Fi money: Someone decided that the domain I preemptively purchased is worth something. By this point, I had already abandoned the project, certainly wasn’t going to renew the domain, was looking for a FT job, and a new project that I could work on. And out of nowhere, someone hands me some free money — who am I not to take it? Of course, I took it. The domain is still unused, no idea why 🤔. Ngl, I still hate the fact that my first Wi-Fi money came from this. A new idea worth pursuing? Fast-forward some weeks now. Around March, I got this crazy idea of building an email productivity tool. We all use emails, yet we all hate them. So, this must be fixed. Everyone uses emails, in fact everyone HAS TO use emails. So, I just needed to build a tool and wait for people to come. This was all, really. After all, the problem space is huge, there is enough room for another product, everyone uses emails, no need for any further validation, right? ❌ WRONG ONCE AGAIN! We all hear from the greatest in the startup landscape that we must validate our ideas with real people, yet at least some of us (guilty here 🥸) think that our product will be hugely successful and prove them to be an exception. Few might, but most are not. I certainly wasn't. 👉 Lesson learned: Always validate your ideas with real people. Ask them how much they’d pay for such a tool (not if they would). Much better if they are willing to pay upfront for a discount, etc. But even this comes later, keep reading. I think the difference between “How much” and “If” is huge for two reasons: (1) By asking them for “How much”, you force them to think in a more realistic setting. (2) You will have a more realistic idea on your profit margins. Based on my competitive analysis, I already had a solution in my mind to improve our email usage standards and email productivity (huge mistake), but I did my best to learn about their problems regarding those without pushing the idea too hard. The idea is this: Generate concise email summaries with suggested actions, combine them into one email, and send it at their preferred times. Save as much as time the AI you end up with allows. After all, everyone loves to save time. So, what kind of validation did I seek for? Talked with only a few people around me about this crazy, internet-breaking idea. The responses I got were, now I see, mediocre; no one got excited about it, just said things along the lines of “Cool idea, OK”. So, any reasonable person in this situation would think “Okay, not might not be working”, right? Well, I did not. I assumed that they were the wrong audience for this product, and there was this magical land of user segments waiting eagerly for my product, yet unknowingly. To this day, I still have not reached this magical place. Perhaps, it didn’t exist in the first place. If I cannot find it, whether it exists or not doesn’t matter. I am certainly searching for it. 👉 What I should have done: Once I decide on a problem space (time management, email productivity, etc.), I should decide on my potential user segments, people who I plan to sell my product to. Then I should go talk to those people, ask them about their pains, then get to the problem-solving/ideation phase only later. ❗️ VALIDATION COMES FROM THE REALITY OUTSIDE. What validation looks like might change from product to product; but what invalidation looks like is more or less the same for every product. Nico Jeannen told me yesterday “validation = money in the account” on Twitter. This is the ultimate form of validation your product could get. If your product doesn’t make any money, then something is invalidated by reality: Your product, you, your idea, who knows? So, at this point, I knew a little bit of Python from spending some time in tutorial hell a few years ago, some HTML/CSS/JS, barely enough React to build a working app. React could work for this project, but I needed easy-to-implement server interactivity. Luckily, around this time, I got to know about this new gen of indie hackers, and learned (but didn’t truly understand) about their approach to indie hacking, and this library called Nextjs. How good Next.js still blows my mind. So, I was back to tutorial hell once again. But, this time, with a promise to myself: This is the last time I would visit tutorial hell. Time to start building this "ground-breaking idea" Learning the fundamentals of Next.js was easier than learning of React unsurprisingly. Yet, the first time I managed to run server actions on Next.js was one of the rarest moments that completely blew my mind. To this day, I reject the idea that it is something else than pure magic under its hood. Did I absolutely need Nextjs for this project though? I do not think so. Did it save me lots of time? Absolutely. Furthermore, learning Nextjs will certainly be quite helpful for other projects that I will be tackling in the future. Already got a few ideas that might be worth pursuing in the head in case I decide to abandon Summ in the future. Fast-forward few weeks again: So, at this stage, I had a barely working MVP-like product. Since the very beginning, I spent every free hour (and more) on this project as speed is essential. But, I am not so sure it was worth it to overwork in retrospect. Yet, I know I couldn’t help myself. Everything is going kinda smooth, so what’s the worst thing that could ever happen? Well, both Apple and Google announced their AIs (Apple Intelligence and Google Gemini, respectively) will have email summarization features for their products. Summarizing singular emails is no big deal, after all there were already so many similar products in the market. I still think that what truly matters is a frictionless user experience, and this is why I built this product in a certain way: You spend less than a few minutes setting up your account, and you get to enjoy your email summaries, without ever visiting its website again. This is still a very cool concept I really like a lot. So, at this point: I had no other idea that could be pursued, already spent too much time on this project. Do I quit or not? This was the question. Of course not. I just have to launch this product as quickly as possible. So, I did something right, a quite rare occurrence I might say: Re-planned my product, dropped everything secondary to the core feature immediately (save time on reading emails), tried launching it asap. 👉 Insight: Sell only one core feature at one time. Drop anything secondary to this core feature. Well, my primary occupation is product design. So one would expect that a product I build must have stellar design. I considered any considerable time spent on design at this stage would be simply wasted. I still think this is both true and wrong: True, because if your product’s core benefits suck, no one will care about your design. False, because if your design looks amateurish, no one will trust you and your product. So, I always targeted an average level design with it and the way this tool works made it quite easy as I had to design only 2 primary pages: Landing page and user portal (which has only settings and analytics pages). However, even though I knew spending time on design was not worth much of my time, I got a bit “greedy”: In fact, I redesigned those pages three times, and still ended up with a so-so design that I am not proud of. 👉 What I would do differently: Unless absolutely necessary, only one iteration per stage as long as it works. This, in my mind, applies to everything. If your product’s A feature works, then no need to rewrite it from scratch for any reason, or even refactor it. When your product becomes a success, and you absolutely need that part of your codebase to be written, do so, but only then. Ready to launch, now is th etime for some marketing, right? By July 26, I already had a “launchable” product that barely works (I marked this date on a Notion docs, this is how I know). Yet, I had spent almost no time on marketing, sales, whatever. After all, “You build and they will come”. Did I know that I needed marketing? Of course I did, but knowingly didn’t. Why, you might ask. Well, from my perspective, it had to be a dev-heavy product; meaning that you spend most of your time on developing it, mostly coding skills. But, this is simply wrong. As a rule of thumb, as noted by one of the greatests, Marc Louvion, you should spend at least twice of the building time on marketing. ❗️ Time spent on building \* 2 people don’t know your product > they don’t use your product > you don’t get users > you don’t make money Easy as that. Following the same reasoning, a slightly different approach to planning a project is possible. Determine an approximate time to complete the project with a high level project plan. Let’s say 6 months. By the reasoning above, 2 months should go into building, and 4 into marketing. If you need 4 months for building instead of 2, then you need 8 months of marketing, which makes the time to complete the project 12 months. If you don’t have that much time, then quit the project. When does a project count as completed? Well, in reality, never. But, I think we have to define success conditions even before we start for indie projects and startups; so we know when to quit when they are not met. A success condition could look like “Make $6000 in 12 months” or “Have 3000 users in 6 months”. It all depends on the project. But, once you set it, it should be set in stone: You don’t change it unless absolutely necessary. I suspect there are few principles that make a solopreneur successful; and knowing when to quit and when to continue is definitely one of them. Marc Louvion is famously known for his success, but he got there after failing so many projects. To my knowledge, the same applies to Nico Jeannen, Pieter Levels, or almost everyone as well. ❗️ Determining when to continue even before you start will definitely help in the long run. A half-aed launch Time-leap again. Around mid August, I “soft launched” my product. By soft launch, I mean lazy marketing. Just tweeting about it, posting it on free directories. Did I get any traffic? Surely I did. Did I get any users? Nope. Only after this time, it hit me: “Either something is wrong with me, or with this product” Marketing might be a much bigger factor for a project’s success after all. Even though I get some traffic, not convincing enough for people to sign up even for a free trial. The product was still perfect in my eyes at the time (well, still is ^(\_),) so the right people are not finding my product, I thought. Then, a question that I should have been asking at the very first place, one that could prevent all these, comes to my mind: “How do even people search for such tools?” If we are to consider this whole journey of me and my so-far-failed product to be an already destined failure, one metric suffices to show why. Search volume: 30. Even if people have such a pain point, they are not looking for email summaries. So, almost no organic traffic coming from Google. But, as a person who did zero marketing on this or any product, who has zero marketing knowledge, who doesn’t have an audience on social media, there is not much I could do. Finally, it was time to give up. Or not… In my eyes, the most important element that makes a founder (solo or not) successful (this, I am not by any means) is to solve problems. ❗️ So, the problem was this: “People are not finding my product by organic search” How do I make sure I get some organic traffic and gets more visibility? Learn digital marketing and SEO as much as I can within very limited time. Thankfully, without spending much time, I came across Neil Patel's YT channel, and as I said many times, it is an absolute gold mine. I learned a lot, especially about the fundamentals, and surely it will be fruitful; but there is no magic trick that could make people visit your website. SEO certainly helps, but only when people are looking for your keywords. However, it is truly a magical solution to get in touch with REAL people that are in your user segments: 👉 Understand your pains, understand their problems, help them to solve them via building products. I did not do this so far, have to admit. But, in case you would like to have a chat about your email usage, and email productivity, just get in touch; I’d be delighted to hear about them. Getting ready for a ProductHunt launch The date was Sept 1. And I unlocked an impossible achievement: Running out of Supabase’s free plan’s Egres limit while having zero users. I was already considering moving out of their Cloud server and managing a Supabase CLI service on my Hetzner VPS for some time; but never ever suspected that I would have to do this quickly. The cheapest plan Supabase offers is $25/month; yet, at that point, I am in between jobs for such a long time, basically broke, and could barely afford that price. One or two months could be okay, but why pay for it if I will eventually move out of their Cloud service? So, instead of paying $25, I spent two days migrating out of Supabase Cloud. Worth my time? Definitely not. But, when you are broke, you gotta do stupid things. This was the first time that I felt lucky to have zero users: I have no idea how I would manage this migration if I had any. I think this is one of the core tenets of an indie hacker: Controlling their own environment. I can’t remember whose quote this is, but I suspect it was Naval: Entrepreneurs have an almost pathological need to control their own fate. They will take any suffering if they can be in charge of their destiny, and not have it in somebody else’s hands. What’s truly scary is, at least in my case, we make people around us suffer at the expense of our attempting to control our own fates. I know this period has been quite hard on my wife as well, as I neglected her quite a bit, but sadly, I know that this will happen again. It is something that I can barely help with. Still, so sorry. After working the last two weeks on a ProductHunt Launch, I finally launched it this Tuesday. Zero ranking, zero new users, but 36 kind people upvoted my product, and many commented and provided invaluable feedback. I couldn't be more grateful for each one of them 🙏. Considering all these, what lies in the future of Summ though? I have no idea, to be honest. On one hand, I have zero users, have no job, no income. So, I need a way to make money asap. On the other hand, the whole idea of it revolves around one core premise (not an assumption) that I am not so willing to share; and I couldn’t have more trust in it. This might not be the best iteration of it, however I certainly believe that email usage is one of the best problem spaces one could work on. 👉 But, one thing is for certain: I need to get in touch with people, and talk with them about this product I built so far. In fact, this is the only item on my agenda. Nothing else will save my brainchild <3. Below are some other insights and notes that I got during my journey; as they do not 100% fit into this story, I think it is more suitable to list them here. I hope you enjoyed reading this. Give Summ a try, it comes with a generous free trial, no credit card required. Some additional notes and insights: Project planning is one of the most underestimated skills for solopreneurs. It saves you enormous time, and helps you to keep your focus up. Building B2C products beats building B2B products. Businesses are very willing to pay big bucks if your product helps them. On the other hand, spending a few hours per user who would pay $5/m probably is not worth your time. It doesn’t matter how brilliant your product is if no one uses it. If you cannot sell a product in a certain category/niche (or do not know how to sell it), it might be a good idea not to start a project in it. Going after new ideas and ventures is quite risky, especially if you don’t know how to market it. On the other hand, an already established category means that there is already demand. Whether this demand is sufficient or not is another issue. As long as there is enough demand for your product to fit in, any category/niche is good. Some might be better, some might be worse. Unless you are going hardcore B2B, you will need people to find your product by means of organic search. Always conduct thorough keyword research as soon as possible.

The "AI Agent" Hype is out of control and businesses suffer

Ah, the sweet smell of AI hype in the morning. Nothing quite like it to get the blood pumping and the venture capital flowing. Let's cut through the BS... The "AI Agent" craze is the tech industry's latest attempt to separate businesses from their hard-earned cash. It's like watching a bunch of sheep rushing towards a cliff, except the cliff is made of overpriced software and empty promises. The tech giants are having a field day with this nonsense. Microsoft, Google, Salesforce - they're all pushing AI agents like they're the second coming. The sad truth is, businesses are suffering from a severe case of FOMO (Fear of Missing Out). They're so terrified of being left behind in the AI race that they're willing to throw good money after bad. Here's a radical idea: how about focusing on actual business problems instead of chasing the latest tech fad? I know, I know, it's not as sexy as having an AI Agent, but it might actually, you know, work. In the end, the only ones truly benefiting from this AI agent hype are the vendors selling the snake oil and the consultants charging exorbitant fees to implement it. Everyone else is just along for the ride, hoping they don't crash and burn too spectacularly. So, to all the businesses out there considering jumping on the AI Agent bandwagon... take a step back, take a deep breath, and ask yourself if you really need an overpriced chatbot with delusions of grandeur. Chances are, you don't. The AI agent hype is like a bad reality TV show—overproduced, lacking substance, and leaving businesses with nothing but regret. Companies are throwing money at AI solutions, expecting miracles, only to find they've bought into overpriced fantasies. The AI agent hype is nothing more than a high-tech emperor with no clothes. It's time for businesses to wake up, smell the silicon, and start making decisions based on reality rather than sci-fi fantasies.  I think AI Agents are the future, but as of right now AI Agents aren't autonomous or agentic. From what I've seen as of now is glorified Chatbots, ChatGPT wrappers and basic automations, and nothing actually autonomous. So far it's all just hype, but we'll see how it improves businesses and the bottom line! How do you think AI Agents will help small businesses now or in the future?

Nuts and bolts AI implementation for small business

How can small businesses use AI to increase sales or decrease expenses without massive disruption? One way for us is using AI to process our email history to identify patterns and write personalized messages based on past correspondence. According to legal advice in which I have confidence, email that is personalized for each recipient (and meets other standards) does not need to be opt in. If you disagree - understood - but spam morality is not the topic here. Bottom line - obviously a game changer. Knowing phrases people have used before becoming clients - and all of the possible permutations of those phrases, and detecting where those phrases show up will make our sales and marketing many times more effective for a fraction of the cost. There's a reason big corps. record calls, and now small business can leverage the same technology. We are setting up a process that yields accurate, up to date, comprehensive data for our own business operations. Our clients - who are they and how has their demographic changed over time? To answer this question and for email personalization, we also need access to external data sources e.g. like accurate up to date company demographics. IMO - the leader in company data in the US? THEY SUCK. We found there is no magic fairy who is going to make good data appear for our AI. The process of applying our own proprietary knowledge to code and categorize the data is just as important, and obviously highly sensitive. How do we leverage the AI technologies of companies like Google and Microsoft (or anyone else) without being their bitch? Below is a list of some of the sources of my business's data: Data sources: PST/OST/Other Email data files Microsoft data from Windows/O365 Windows/Linux/Android/IOS application logs and other data Web server logs for the company website. SEO/Analytics Data Google data export Google voice/VOIP logs OneDrive/G drive Other Phone system/cell service logs Other SAAS and in-house application data. Facebook/social media data for company pages. QuickBooks/other accounting systems/business bank account logs POS/Credit card processing systems/PayPal, etc. OSINT to fill in the blanks

Seeking Entrepreneurs and Remote Workers for Exclusive Blog Interview Series 🚀

Hey fellow entrepreneurs and remote workers! I'm launching an exciting blog interview series on my DR51-rated site, focusing on AI, business, income, and success stories. If you've got a compelling journey to share, I'd love to feature you! Benefits for participants: High-quality backlink to boost your online presence. Exposure to our engaged audience. Elevate your online reputation with a featured interview. Drop a comment or DM me if you're interested in being part of this opportunity. Let's showcase your success and inspire others in the entrepreneurial and remote work community! 💼✨

I spent 6 months on building a web product, and got zero users. Here is my story.

Edit Thank you all so much for your time reading my story. Your support, feedback, criticism, and skepticism; all helped me a lot, and I couldn't appreciate it enough \^\_\^ I have stuff to post on Reddit very rarely, but I share how my project is going on, random stuff, and memes on X. Just in case few might want to keep in touch 👀 TL;DR I spent 6 months on a tool that currently has 0 users. Below is what I learned during my journey, sharing because I believe most mistakes are easily avoidable. Do not overestimate your product and assume it will be an exception to fundamental principles. Principles are there for a reason. Always look for validation before you start. Avoid building products with a low money-to-effort ratio/in very competitive fields. Unless you have the means, you probably won't make it. Pick a problem space, pick your target audience, and talk to them before thinking about a solution. Identify and match their pain points. Only then should you think of a solution. If people are not overly excited or willing to pay in advance for a discounted price, it might be a sign to rethink. Sell one and only one feature at a time. Avoid everything else. If people don't pay for that one core feature, no secondary feature will change their mind. Always spend twice as much time marketing as you do building. You will not get users if they don't know it exists. Define success metrics ("1000 users in 3 months" or "$6000 in the account at the end of 6 months") before you start. If you don't meet them, strongly consider quitting the project. If you can't get enough users to keep going, nothing else matters. VALIDATION, VALIDATION, VALIDATION. Success is not random, but most of our first products will not make a success story. Know when to admit failure, and move on. Even if a product of yours doesn't succeed, what you learned during its journey will turn out to be invaluable for your future. My story So, this is the story of a product that I’ve been working on for the last 6 months. As it's the first product I’ve ever built, after watching you all from the sidelines, I have learned a lot, made many mistakes, and did only a few things right. Just sharing what I’ve learned and some insights from my journey so far. I hope that this post will help you avoid the mistakes I made — most of which I consider easily avoidable — while you enjoy reading it, and get to know me a little bit more 🤓. A slow start after many years Summ isn’t the first product I really wanted to build. Lacking enough dev skills to even get started was a huge blocker for so many years. In fact, the first product I would’ve LOVED to build was a smart personal shopping assistant. I had this idea 4 years ago; but with no GPT, no coding skills, no technical co-founder, I didn’t have the means to make it happen. I still do not know if such a tool exists and is good enough. All I wanted was a tool that could make data-based predictions about when to buy stuff (“buy a new toothpaste every three months”) and suggest physical products that I might need or be strongly interested in. AFAIK, Amazon famously still struggles with the second one. Fast-forward a few years, I learned the very basics of HTML, CSS, and Vanilla JS. Still was not there to build a product; but good enough to code my design portfolio from scratch. Yet, I couldn’t imagine myself building a product using Vanilla JS. I really hated it, I really sucked at it. So, back to tutorial hell, and to learn about this framework I just heard about: React.React introduced so many new concepts to me. “Thinking in React” is a phrase we heard a lot, and with quite good reasons. After some time, I was able to build very basic tutorial apps, both in React, and React Native; but I have to say that I really hated coding for mobile. At this point, I was already a fan of productivity apps, and had a concept for a time management assistant app in my design portfolio. So, why not build one? Surely, it must be easy, since every coding tutorial starts with a todo app. ❌ WRONG! Building a basic todo app is easy enough, but building one good enough for a place in the market was a challenge I took and failed. I wasted one month on that until I abandoned the project for good. Even if I continued working on it, as the productivity landscape is overly competitive, I wouldn’t be able to make enough money to cover costs, assuming I make any. Since I was (and still am) in between jobs, I decided to abandon the project. 👉 What I learned: Do not start projects with a low ratio of money to effort and time. Example: Even if I get 500 monthly users, 200 of which are paid users (unrealistically high number), assuming an average subscription fee of $5/m (such apps are quite cheap, mostly due to the high competition), it would make me around $1000 minus any occurring costs. Any founder with a product that has 500 active users should make more. Even if it was relatively successful, due to the high competition, I wouldn’t make any meaningful money. PS: I use Todoist today. Due to local pricing, I pay less than $2/m. There is no way I could beat this competitive pricing, let alone the app itself. But, somehow, with a project that wasn’t even functional — let alone being an MVP — I made my first Wi-Fi money: Someone decided that the domain I preemptively purchased is worth something. By this point, I had already abandoned the project, certainly wasn’t going to renew the domain, was looking for a FT job, and a new project that I could work on. And out of nowhere, someone hands me some free money — who am I not to take it? Of course, I took it. The domain is still unused, no idea why 🤔. Ngl, I still hate the fact that my first Wi-Fi money came from this. A new idea worth pursuing? Fast-forward some weeks now. Around March, I got this crazy idea of building an email productivity tool. We all use emails, yet we all hate them. So, this must be fixed. Everyone uses emails, in fact everyone HAS TO use emails. So, I just needed to build a tool and wait for people to come. This was all, really. After all, the problem space is huge, there is enough room for another product, everyone uses emails, no need for any further validation, right? ❌ WRONG ONCE AGAIN! We all hear from the greatest in the startup landscape that we must validate our ideas with real people, yet at least some of us (guilty here 🥸) think that our product will be hugely successful and prove them to be an exception. Few might, but most are not. I certainly wasn't. 👉 Lesson learned: Always validate your ideas with real people. Ask them how much they’d pay for such a tool (not if they would). Much better if they are willing to pay upfront for a discount, etc. But even this comes later, keep reading. I think the difference between “How much” and “If” is huge for two reasons: (1) By asking them for “How much”, you force them to think in a more realistic setting. (2) You will have a more realistic idea on your profit margins. Based on my competitive analysis, I already had a solution in my mind to improve our email usage standards and email productivity (huge mistake), but I did my best to learn about their problems regarding those without pushing the idea too hard. The idea is this: Generate concise email summaries with suggested actions, combine them into one email, and send it at their preferred times. Save as much as time the AI you end up with allows. After all, everyone loves to save time. So, what kind of validation did I seek for? Talked with only a few people around me about this crazy, internet-breaking idea. The responses I got were, now I see, mediocre; no one got excited about it, just said things along the lines of “Cool idea, OK”. So, any reasonable person in this situation would think “Okay, not might not be working”, right? Well, I did not. I assumed that they were the wrong audience for this product, and there was this magical land of user segments waiting eagerly for my product, yet unknowingly. To this day, I still have not reached this magical place. Perhaps, it didn’t exist in the first place. If I cannot find it, whether it exists or not doesn’t matter. I am certainly searching for it. 👉 What I should have done: Once I decide on a problem space (time management, email productivity, etc.), I should decide on my potential user segments, people who I plan to sell my product to. Then I should go talk to those people, ask them about their pains, then get to the problem-solving/ideation phase only later. ❗️ VALIDATION COMES FROM THE REALITY OUTSIDE. What validation looks like might change from product to product; but what invalidation looks like is more or less the same for every product. Nico Jeannen told me yesterday “validation = money in the account” on Twitter. This is the ultimate form of validation your product could get. If your product doesn’t make any money, then something is invalidated by reality: Your product, you, your idea, who knows? So, at this point, I knew a little bit of Python from spending some time in tutorial hell a few years ago, some HTML/CSS/JS, barely enough React to build a working app. React could work for this project, but I needed easy-to-implement server interactivity. Luckily, around this time, I got to know about this new gen of indie hackers, and learned (but didn’t truly understand) about their approach to indie hacking, and this library called Nextjs. How good Next.js still blows my mind. So, I was back to tutorial hell once again. But, this time, with a promise to myself: This is the last time I would visit tutorial hell. Time to start building this "ground-breaking idea" Learning the fundamentals of Next.js was easier than learning of React unsurprisingly. Yet, the first time I managed to run server actions on Next.js was one of the rarest moments that completely blew my mind. To this day, I reject the idea that it is something else than pure magic under its hood. Did I absolutely need Nextjs for this project though? I do not think so. Did it save me lots of time? Absolutely. Furthermore, learning Nextjs will certainly be quite helpful for other projects that I will be tackling in the future. Already got a few ideas that might be worth pursuing in the head in case I decide to abandon Summ in the future. Fast-forward few weeks again: So, at this stage, I had a barely working MVP-like product. Since the very beginning, I spent every free hour (and more) on this project as speed is essential. But, I am not so sure it was worth it to overwork in retrospect. Yet, I know I couldn’t help myself. Everything is going kinda smooth, so what’s the worst thing that could ever happen? Well, both Apple and Google announced their AIs (Apple Intelligence and Google Gemini, respectively) will have email summarization features for their products. Summarizing singular emails is no big deal, after all there were already so many similar products in the market. I still think that what truly matters is a frictionless user experience, and this is why I built this product in a certain way: You spend less than a few minutes setting up your account, and you get to enjoy your email summaries, without ever visiting its website again. This is still a very cool concept I really like a lot. So, at this point: I had no other idea that could be pursued, already spent too much time on this project. Do I quit or not? This was the question. Of course not. I just have to launch this product as quickly as possible. So, I did something right, a quite rare occurrence I might say: Re-planned my product, dropped everything secondary to the core feature immediately (save time on reading emails), tried launching it asap. 👉 Insight: Sell only one core feature at one time. Drop anything secondary to this core feature. Well, my primary occupation is product design. So one would expect that a product I build must have stellar design. I considered any considerable time spent on design at this stage would be simply wasted. I still think this is both true and wrong: True, because if your product’s core benefits suck, no one will care about your design. False, because if your design looks amateurish, no one will trust you and your product. So, I always targeted an average level design with it and the way this tool works made it quite easy as I had to design only 2 primary pages: Landing page and user portal (which has only settings and analytics pages). However, even though I knew spending time on design was not worth much of my time, I got a bit “greedy”: In fact, I redesigned those pages three times, and still ended up with a so-so design that I am not proud of. 👉 What I would do differently: Unless absolutely necessary, only one iteration per stage as long as it works. This, in my mind, applies to everything. If your product’s A feature works, then no need to rewrite it from scratch for any reason, or even refactor it. When your product becomes a success, and you absolutely need that part of your codebase to be written, do so, but only then. Ready to launch, now is th etime for some marketing, right? By July 26, I already had a “launchable” product that barely works (I marked this date on a Notion docs, this is how I know). Yet, I had spent almost no time on marketing, sales, whatever. After all, “You build and they will come”. Did I know that I needed marketing? Of course I did, but knowingly didn’t. Why, you might ask. Well, from my perspective, it had to be a dev-heavy product; meaning that you spend most of your time on developing it, mostly coding skills. But, this is simply wrong. As a rule of thumb, as noted by one of the greatests, Marc Louvion, you should spend at least twice of the building time on marketing. ❗️ Time spent on building \* 2 people don’t know your product > they don’t use your product > you don’t get users > you don’t make money Easy as that. Following the same reasoning, a slightly different approach to planning a project is possible. Determine an approximate time to complete the project with a high level project plan. Let’s say 6 months. By the reasoning above, 2 months should go into building, and 4 into marketing. If you need 4 months for building instead of 2, then you need 8 months of marketing, which makes the time to complete the project 12 months. If you don’t have that much time, then quit the project. When does a project count as completed? Well, in reality, never. But, I think we have to define success conditions even before we start for indie projects and startups; so we know when to quit when they are not met. A success condition could look like “Make $6000 in 12 months” or “Have 3000 users in 6 months”. It all depends on the project. But, once you set it, it should be set in stone: You don’t change it unless absolutely necessary. I suspect there are few principles that make a solopreneur successful; and knowing when to quit and when to continue is definitely one of them. Marc Louvion is famously known for his success, but he got there after failing so many projects. To my knowledge, the same applies to Nico Jeannen, Pieter Levels, or almost everyone as well. ❗️ Determining when to continue even before you start will definitely help in the long run. A half-aed launch Time-leap again. Around mid August, I “soft launched” my product. By soft launch, I mean lazy marketing. Just tweeting about it, posting it on free directories. Did I get any traffic? Surely I did. Did I get any users? Nope. Only after this time, it hit me: “Either something is wrong with me, or with this product” Marketing might be a much bigger factor for a project’s success after all. Even though I get some traffic, not convincing enough for people to sign up even for a free trial. The product was still perfect in my eyes at the time (well, still is ^(\_),) so the right people are not finding my product, I thought. Then, a question that I should have been asking at the very first place, one that could prevent all these, comes to my mind: “How do even people search for such tools?” If we are to consider this whole journey of me and my so-far-failed product to be an already destined failure, one metric suffices to show why. Search volume: 30. Even if people have such a pain point, they are not looking for email summaries. So, almost no organic traffic coming from Google. But, as a person who did zero marketing on this or any product, who has zero marketing knowledge, who doesn’t have an audience on social media, there is not much I could do. Finally, it was time to give up. Or not… In my eyes, the most important element that makes a founder (solo or not) successful (this, I am not by any means) is to solve problems. ❗️ So, the problem was this: “People are not finding my product by organic search” How do I make sure I get some organic traffic and gets more visibility? Learn digital marketing and SEO as much as I can within very limited time. Thankfully, without spending much time, I came across Neil Patel's YT channel, and as I said many times, it is an absolute gold mine. I learned a lot, especially about the fundamentals, and surely it will be fruitful; but there is no magic trick that could make people visit your website. SEO certainly helps, but only when people are looking for your keywords. However, it is truly a magical solution to get in touch with REAL people that are in your user segments: 👉 Understand your pains, understand their problems, help them to solve them via building products. I did not do this so far, have to admit. But, in case you would like to have a chat about your email usage, and email productivity, just get in touch; I’d be delighted to hear about them. Getting ready for a ProductHunt launch The date was Sept 1. And I unlocked an impossible achievement: Running out of Supabase’s free plan’s Egres limit while having zero users. I was already considering moving out of their Cloud server and managing a Supabase CLI service on my Hetzner VPS for some time; but never ever suspected that I would have to do this quickly. The cheapest plan Supabase offers is $25/month; yet, at that point, I am in between jobs for such a long time, basically broke, and could barely afford that price. One or two months could be okay, but why pay for it if I will eventually move out of their Cloud service? So, instead of paying $25, I spent two days migrating out of Supabase Cloud. Worth my time? Definitely not. But, when you are broke, you gotta do stupid things. This was the first time that I felt lucky to have zero users: I have no idea how I would manage this migration if I had any. I think this is one of the core tenets of an indie hacker: Controlling their own environment. I can’t remember whose quote this is, but I suspect it was Naval: Entrepreneurs have an almost pathological need to control their own fate. They will take any suffering if they can be in charge of their destiny, and not have it in somebody else’s hands. What’s truly scary is, at least in my case, we make people around us suffer at the expense of our attempting to control our own fates. I know this period has been quite hard on my wife as well, as I neglected her quite a bit, but sadly, I know that this will happen again. It is something that I can barely help with. Still, so sorry. After working the last two weeks on a ProductHunt Launch, I finally launched it this Tuesday. Zero ranking, zero new users, but 36 kind people upvoted my product, and many commented and provided invaluable feedback. I couldn't be more grateful for each one of them 🙏. Considering all these, what lies in the future of Summ though? I have no idea, to be honest. On one hand, I have zero users, have no job, no income. So, I need a way to make money asap. On the other hand, the whole idea of it revolves around one core premise (not an assumption) that I am not so willing to share; and I couldn’t have more trust in it. This might not be the best iteration of it, however I certainly believe that email usage is one of the best problem spaces one could work on. 👉 But, one thing is for certain: I need to get in touch with people, and talk with them about this product I built so far. In fact, this is the only item on my agenda. Nothing else will save my brainchild <3. Below are some other insights and notes that I got during my journey; as they do not 100% fit into this story, I think it is more suitable to list them here. I hope you enjoyed reading this. Give Summ a try, it comes with a generous free trial, no credit card required. Some additional notes and insights: Project planning is one of the most underestimated skills for solopreneurs. It saves you enormous time, and helps you to keep your focus up. Building B2C products beats building B2B products. Businesses are very willing to pay big bucks if your product helps them. On the other hand, spending a few hours per user who would pay $5/m probably is not worth your time. It doesn’t matter how brilliant your product is if no one uses it. If you cannot sell a product in a certain category/niche (or do not know how to sell it), it might be a good idea not to start a project in it. Going after new ideas and ventures is quite risky, especially if you don’t know how to market it. On the other hand, an already established category means that there is already demand. Whether this demand is sufficient or not is another issue. As long as there is enough demand for your product to fit in, any category/niche is good. Some might be better, some might be worse. Unless you are going hardcore B2B, you will need people to find your product by means of organic search. Always conduct thorough keyword research as soon as possible.

Impact of AI on business valuation?

I see many businesses thinking and experimenting with how AI can help improve their business processes. I seem to find far fewer thinking about how AI could impact or even demolish their actual product. I’ve been thinking about this a lot as (thankfully?) I sold my 15 year old business last year. We have teams of specialists that create digital content in narrow but very high value topic areas. Our value has been the ability of our team of experts to distill and explain the impact of the topic. Now, just a few months later, we’ve shown how three specialist AI systems can basically do the same for near zero cost. Our business and model is highly threatened. Anyone else worried about AI on their product, and thereby the value of their business, and perhaps even looking at exiting while the value is high? And yes, I do expect AI will also create new opportunities to create value. Already thinking of ideas…!

Here’s How Chatbots Can Boost Your Small Business

Chatbots are the next big thing in the tech world that are meant for business use. Almost every business can benefit from chatbots in one way or the other. They are now everywhere – the fastest rising star are basically computer-operated machines that can play a variety of roles such as customer service representative, social media manager, personal assistant and much more. Virtually every industry is seemingly investing in it. Chatbots became the flavor of the season because of their task management and problem solving skills. This is why companies are aggressively deploying chatbots to their business strategy to make it work right. What are Chatbots – How They Can Benefit Your Small Business? In essence, chatbots are simply a computer program tailor-made to mimic conversations with the help of artificial intelligence (AI). These computer-based programs are capable enough to respond to natural language text and voice inputs in a human way. Chatbots can take over a lot of time consuming tasks, allowing project managers to focus on other important matters and take high level decisions. Chatbots are not just the next big thing for digital and tech brands, small businesses can also get the most out from them. Small businesses should get into chatbots to streamline their routine project management practices and support other business operations – thereby saving budget, time, energy, while improving ROI. If you are not completely getting into it, here are some ways that help you deploy this rising technology in order to boost your small business strategy. Instant Customer Support One of the effective ways small businesses can implement a chatbot is an immediate customer support. If you belong to an industry that offers products and services, chances are you get so many phone calls and emails to educate people. Prior to allowing customers to clog up your inbox with unlimited queries, try using a chatbot that will save your valuable time. You can simply create an immediate customer support presence for customers who engage with your chatbot. Craft answers for all the popular queries so that your project management team can focus on other complex and important issues while chatbots addressing the most commonly asked questions. Moreover, it will add a consistency to your brand voice. You can control the tone and ensure that the chatbot will deliver your crafted messages. Boost Sales Leads Generation Chatbots are not just about sharing or collecting information. They can actually boost sales. But, how? Though they can’t replace your sales and marketing team, they can smartly assist them by being an immediate point of contact. Create an automated conversation for a new visitor and it can directly influence sales. Though chatbots are rising, they will ultimately carry on artificial intelligence that is capable for gathering the data required to curate a specific set of products for customers. For instance, if a user asks the chatbot for blue shirt in cotton, the chatbot can pull items with the particular details for the user. This process is cumulative and when next time the user communicates with the chatbot, it will consider their preferences. Increase Your Business Efficiency Though chatbots can’t perform every business operation, what they can do is eliminate few of the menial but important operations. Consider all the important tasks that your employees need to perform, such as answering customer queries, compiling data for a user, filling out form etc. Most of these tasks are monotonous in nature that allows you to train your chatbot to manage all these repetitive tasks with a low risk and high return of your valuable time. Reducing Cost and Resource Consumption Like any online task management system , chatbots are great to reduce manpower. From performing as a personal assistant to a customer sales representative, you can easily cut down the total number of resources that deal with customer complaints and feedback. You can utilize a chatbot, as it can do this work easily a human would usually do. Read Full article here

The Evolution of Financial Technology: How CAs Are Embracing the Digital Age

The Evolution of Financial Technology: How CAs Are Embracing the Digital Age Introduction In an era characterized by rapid technological advancements, the field of finance is undergoing a transformative journey. The emergence of financial technology, or fintech, is reshaping the way businesses manage their finances, and Chartered Accountants (CAs) are at the forefront of this evolution. In this blog post, we'll explore how CAs are embracing fintech and leveraging its potential to enhance financial management, analysis, and advisory services. Fintech's Impact on Financial Services Fintech encompasses a wide range of technologies that leverage data analytics, artificial intelligence, blockchain, and automation to improve financial services. For CAs, this means new tools to streamline processes, enhance decision-making, and offer innovative solutions to clients. Automation of Routine Tasks CAs are increasingly using automation tools to handle repetitive tasks such as data entry, reconciliations, and transaction processing. This not only reduces the risk of human error but also frees up CAs to focus on higher-value tasks like strategic planning and analysis. Advanced Data Analytics Data analytics tools enable CAs to extract meaningful insights from large volumes of financial data. These insights can help businesses identify trends, anticipate risks, and make informed decisions to drive growth. Real-Time Financial Reporting Fintech enables CAs to provide clients with real-time financial reporting, giving businesses immediate access to critical information. This enhances transparency and empowers business owners to respond quickly to changing market conditions. Enhancing Audit Efficiency Fintech tools are revolutionizing the audit process. CAs can use AI-powered algorithms to analyze vast amounts of data, detect anomalies, and identify potential instances of fraud more efficiently. Personalized Financial Planning CAs can leverage fintech to offer personalized financial planning services. With access to detailed financial data, CAs can create tailored strategies that align with a client's unique goals and circumstances. Strengthening Cybersecurity As businesses become more reliant on digital tools, cybersecurity becomes paramount. CAs are playing a critical role in advising clients on cybersecurity measures to protect sensitive financial information. Virtual CFO Services Fintech enables CAs to offer virtual CFO services to startups and small businesses. Through digital platforms, CAs can provide expert financial advice and guidance remotely, making their expertise accessible to a wider range of clients. Embracing Blockchain Technology Blockchain's potential for secure and transparent record-keeping is of interest to CAs. They can explore applications in supply chain finance, smart contracts, and even audit trail verification. Continuous Learning in Fintech CAs recognize the importance of staying updated with fintech trends. Many are investing in continuous learning to master the use of new tools and technologies that can optimize their services. Conclusion The integration of fintech into the realm of finance is reshaping the landscape in profound ways. CAs are embracing these technologies to elevate their roles from traditional number-crunchers to strategic advisors, equipped with tools that enhance efficiency, accuracy, and insight. As fintech continues to evolve, CAs will remain pivotal in guiding businesses through the ever-changing financial landscape, leveraging technology to drive growth, innovation, and success. Find the top verified CA in your City Feel free to let me know if you'd like more blogs on different topics or if you have specific requirements for the content.

Seeking advice from every type of business owner - if you have a moment & an opinion please chime in.

Hello everyone. I haven't started selling yet and wanted to get some insight from the community I'm trying to serve (that makes the most sense to me). So over the past couple months I've gotten into AI & Automation. I got a HighLevel account and went to town learning new things. I learned how to make automations and workflows that make running a business easier (my dad has been letting me use his concrete business as a guinea pig). I also learned how to build and train AI Chat Assistants. I want to start a service based business that uses AI & workflows to automate some of the customer service tasks & lead generation for business. What I'm seeking advice about are as follows: NICHE SELECTION: Part of me thinks I shouldn't niche down in the beginning and just take whoever comes and niche down once I find an industry I'm comfortable with. Another side thinks I should choose one. What is your opinion on niche selection in the beginning? PRICING: I know that pricing largely depends on the value I bring to the client, but I've seen people doing the same or similar things as I want to do and charging vastly different prices. From $300- $2,000. While I think these solutions could absolutely help companies get and retain new business and reduce some of the workload of their staff -- I'm not comfortable charging a high price until I've got enough experience and data to justify that. &#x200B; THESE ARE THE SERVICES I'M THINKING OF OFFERING: Customer Service Chat Assistant. This will be on the website as a "Live Chat". It also connects to Facebook Messenger & Google Business Chat. I'd train the chat assistant on everything related to the company; pertinent info (NAP, company mission, industry background), contact info, services / products / pricing, FAQs, current specials &/or discount codes (this can be changed monthly), how to handle upset clients, etc. It can also connect to a calendar like Google or Calendly so customers can make an appointment or schedule a call directly from the conversation. Missed Call Follow Up. If you're familiar with the platform HighLevel it's commonly called "Missed Call Text Back". The idea is that when a call is missed a text message is automatically fired to the prospect's phone saying something along the lines of "Hey this is \\\\\\ from \\\\\\\_. How can I help you?" and the business owner is alerted to the missed call via text notification. People have said they see a lot of success for their clients with this alone due to the instant follow up. I see a lot of people charging $300 /m. for this. My issues with this are: 1). The text fires automatically when the call is missed, but if the business owner isn't available to actually follow up and keep texting after the customer texts back, they will look inconsistent and bothersome. 2). Without context a prospect may wonder why you didn't answer when they called, but texted them instead. So my answer to these problems are #3. SMS Answering Service. It is essentially taking 2 + 1 and combining them. The missed call text goes out to the prospect, but with context on why they're being texted (because no one is available to take the call at the moment) and IF the prospect responds, a Customer Service Chat Assistant will take over the conversation with the goal of answering their questions and either getting them on the phone with the company via a call back OR helping them schedule an appointment. This offers a more consistent solution than just a text to the business owner / team & the prospect is contacted and helped (hopefully) before they have a chance to start calling a competitor. Lead Nurture / Lead Qualifying Sales Funnel. This one is more than just AI & automation. It's a full funnel. It can be for either Facebook or Google. The process is AD -> Landing Page -> AI Text Message Convo -> Booking/Schedule Call/ Appointment. Typically the ad will offer a lead magnet which they will claim on the LP by giving their information. After the form is submitted, they get a text message and begin a conversation with the AI. It can be trained to just walk them through a booking process, nurture a sale by answering questions and handling objections or to qualify leads. Lead qualification via text works well if you want to weed out who is serious versus who is curious. To be clear; I'd be making the ad, landing page & training the AI -- all parts of the funnel. For whichever service a few things are universal: \- All conversations; no matter what platform they're had on, all go to one inbox which is pretty helpful to see them all in one place. \- When scheduling / booking these can also collect payment. \- Tags can be added to keep track of how they came into the business and where they are in a sales pipeline. There are a lot of fun things I can do with these automations and I'm excited about learning more everyday. I'd really like to know what you think these services could be worth to a business. If you do reply please tell me what type of business you're in so I have an idea of what industries I should be looking towards. Thank you for any response I get as I know this was a long read! SN: I currently do digital marketing & web design as a freelancer.

Ai C-Level team

I've been exploring ways to run a company where I'm essentially the only internal team member, relying entirely on a suite of specialized AIs for executive roles, supported occasionally by external consultants for niche expertise. My goal is to stay lean, agile, and highly creative, especially in a fashion/tech brand context. Essentially, I'm building an AI-driven C-Level team, or what I like to call a "C-Level AI Wallet." Here's what I'm thinking for the key executive roles I'd need to cover with AI: CEO AI – Responsible for overall strategy, decision-making, trend analysis, and guiding the company's vision. I'd probably lean on something advanced like Gemini, GPT-4, or similar models, fine-tuned with market-specific data. COO AI (Operations): I'd need tools that streamline and automate logistics, supply chain management, and day-to-day operations (think something along the lines of Zapier AI integrations or Make). CMO AI (Marketing & Content): For branding, content creation, digital marketing, and consumer insights, I'd use Jasper or Copy.ai, combined with predictive analytics tools like Google Vertex AI to understand trends better. Additionally, for generating engaging visual and multimedia content, tools like Midjourney, DALL·E, Adobe Firefly, and Runway ML would be perfect. CFO AI (Financial Management): For financial management, cash flow control, and investment decisions, I'd probably leverage AI tools like Bloomberg GPT, combined with AI-powered forecasting platforms. CHRO AI (Human Resources & Culture): Although the internal team is minimal (just myself!), I'd still rely on AI for tasks like project management, freelancer hiring, and performance tracking—tools like HireVue AI, Motion, or even Notion's AI could be beneficial here. CSO AI (Sustainability & Compliance): Since sustainability and ethical sourcing are critical, I'd integrate ESG-focused AI tools to ensure transparency and responsible sourcing. My idea is that, with the right AI tools seamlessly integrated, I can manage the strategic vision and creative direction personally, leveraging external consultants only when necessary. This setup would ideally allow me to operate as a one-person internal team supported by a robust "wallet" of AI executives. Has anyone tried a similar approach? What AI tools would you recommend for a truly lean, innovative brand structure? I'm very curious about your experiences or suggestions—let me know your thoughts!

The case for micro PE [x-post from r/micro_pe]

Any SMB owners considering a sale? What have your challenges been so far? \-- The high-flying venture capital party is quieting down. The pullback in the public tech valuations and high-profile failures have made venture capitalists more cautious, doing fewer deals, no doubt stemming from antsy LPs. But at the same time, real tech has been built that improves business efficiency. AI to cut costs, target customers, improve products. SaaS products to automate everything from billing to marketing. New platforms that open up new modes of customer acquisition. Some of the hyped venture-backed companies from the past decade, while not quite achieving world domination, demonstrated models that provided real value to customers. The on-demand universe - rides, rooms, meals, home services, pets, leisure, showed that customers value convenience and experience. On another front, there's a silver tsunami on the horizon as aging business owners start to cash out. Nearly 60% of private companies are run by the 55+ crowd. Trillions in assets will change hands in the next 15 years as they retire. The tech layoffs have flooded the labor market with brainpower. No shortage of sharp operators looking for their next act. Put it together and you have the ingredients for a new investment approach: micro private equity. Modest valuations, reasonable return expectations, solid companies with positive cash flow or a clear path to profitability. Maybe with debt financing or an acquisition of an existing business at the outset. More targeted, grounded bets are emerging as an alternative to the high-risk venture model. r/micro_pe

What I learn from my $200 MRR App I built 4 months ago?

4 month ago, I am just a 10-years experienced product manager without any software development experience. I have an $3K/month job, but I am so tired, I don’t like my life, don’t like my boss, don’t like my daily work, that make me feeling I already died however I am still living. I yearn for freedom and want to live each day the way I want to. So I quit my job, and become a Indie developer to build my own business, my own app, even my own life. I am so grateful for this time and experience, now my app reach $200 MRR, still very little compared to my previous salary, but I never regret. I have learned lots of things from this time and experience, more than I had in last 10 years. Here is the time-line of my App: \- Sep 2023: Launch first version to iOS App store \- Oct 2023: Release in-app-purchase features and have first subscriber, the revenue in October is $154 \- Nov 2023: Change from subscription to pay per use, and I did lots of marketing jobs in November, however, the revenue reduced to only $40. \- Dec 2023: Change back to subscription, and stop some invalid marketing jobs, only keep the ones that actually work. I almost did nothing in December, and the revenue come to $243. During this process, I have learned lots of things, there are some of them that I think could help you as well. Web or App My App is an iOS app that only can running on Apple’s device such like iPhone/iPad or Mac with Apple silicon. Many people ask me why my product is an iOS app not a website, because they don’t have any Apple device. It's true that promoting an app is much harder than promoting a website. However I am now very glad I made an App and not a website! If I make a website, I don't think it's possible to make $100 in the first month. My App is about keyword research, to help people find some ideas from search keyword, because every keyword people searched in Google are representing a real need of them, also can be used in SEO field. However there are a lot of website tools about keyword research, some of them are famous like Ahrefs, SEMrush… I have no intention of competing with them. Actually I don’t have any chance. While in app store, there are little apps about keyword research, each of them have terrible data and user experience, that means if my app has better data and experience that could be my chance. In fact, the App store brings me 20 organic installs a day that Google would never have been able to bring me if I had a website, at least for the first few months. Furthermore, Apple nearly did everything for developer, I don’t need to care about user login, payment and so on, Apple did everything, I just need to call their API, that save lots of time, if I build a website, I need to implement login and payment by myself, that would add some extra work. Not to mention I'd need to buy servers and domains, that would cost me a lot of money. Although Apple will take 30% of the revenue, I can live with that in the early stages because the most important thing for me is to get the product to market as soon as possible. Actually thought Apple’s SMB program, the take rate is 15% now. So Web or App is not important in the early stage, time is important, if people need my product, it's easy to make a website one. More Users or More Valuable Users In November, I notice some users would like use my app, and they were meet paywall, but they never subscribe. I provided 7 day free trail, but it seem that they don’t like it. So I decide to change subscription to pay per use. Because as a user, I don’t like subscription as well, pay per use seem like more friendly. So I change from subscription to pay per use. People can afford $9.99 to subscribe monthly for unlimited use or pay $1.99 for each data they want(First purchase is $0.99 then $1.99). I was expecting more user to pay, but it was the complete opposite! Some users who would have paid a higher subscription fee are switching to a lower priced single payment. Users are encountering paywalls more often, and each time they need to make a decision about whether or not to pay, which increases the probability that they will abandon payment. This resulted in a 75% decrease in revenue in November. In fact, the mostly of my revenue comes from a handful of long-cycle subscribers, such as annual subscription. \\Few bring in most of the revenue,\\ that is the most important thing I learned. You don't need a lot of customers, you just need more valuable ones. That's why it's only right to design a mechanism to filter out high-value customers and focus on them, all the things you want do is just let more people into the filter, and from that point of view, subscription with free trial period is the best way, even if most people don't like it. The rule of 20/80 will always be there. The most important thing is always focus on the 20 percent things and people. Effort does not always guarantee rewards. Unless one engages in deep thinking, or most efforts are invalid. I have been working very hard to promote my product for a period of time. It’s about in November. I did a lot of job, such as write script to send message to my potential clients on Fiverr, post and write comments on others post on Reddit, find related questions and answer them on Quora, post and comments on Twitte, etc. During that period, I was exhausted every day, but the outcome did not meet my expectations. There is only little growth on App installation, even less revenue than before. That make me frustrated. I finally realized that If I need to put in a tremendous amount of effort just to make a little progress, there is must something wrong. So I stop 80% of promote work I have ever did, only keep app store search ad, which will bring a installation with less than $0.5 cost. Then I dive into long time and deeply thinking, I spent more time on reading books, investigate other product with great MRR, watch interviews with people who are already living the kind of life I aspire to live, for example, u/levelsio. These things have given me great inspiration, and my life has become easier. It seems that the life I anticipated when I resigned is getting closer. I also have a clearer understanding of my app. Meanwhile, MRR has been growing. This experience let me learn that effort does not always guarantee results. Many times, our efforts are just wishful thinking, they are invalid, do the right thing after deeply thinking is more important. What Next? My goal is reach $3K MRR, as same as my job payment, I will never stop to building things, and I will keep my currently lifestyle. I still don't know how to get more people to use my app, but levelsio's interviews give me some inspiration that I can verified something by manually instead of build a software. I plan to launch a trend analysis product based on the keyword data provided by my current app. I have always wanted to combine AI to build such a product, but I didn't know how to do it. Now I intend to manually complete it first and start software development once there are paying users. If you are interested to my App, you could try it.

The Rise of AI: Will It Signal the Demise of LinkedIn Automation as We Know It?

Have you ever received a spammy LinkedIn automation sequence that left a bad taste in your mouth? You're not alone. But what if LinkedIn automation could be used in a way that was actually useful and effective? As a busy small business owner, you don't have time to spend hours on LinkedIn every day, so automation can be a lifesaver. After trying out many LinkedIn automation tools, I realized that the biggest gap in the market was in the area of ultra-personalization. Most tools only offer basic personalization like name, job title, and location tags, but that's not enough to get the attention of busy prospects. That's where AI comes in. Imagine being able to scrape publicly available information like someone's bio, work experience, headline, education, and more, and then use AI to create an ultra-personalized outreach for each individual. This would be a game-changer for LinkedIn marketers. That's why I have built an online tool that does just that. With this tool, you'll be able to create highly personalized outreach messages that are customized for each person you're targeting. And, of course, it will be automated to save you time and effort. So what do you think? Would you be interested in using a tool like this to market your offer on LinkedIn? Let me know in the comments!

𝐁𝐮𝐢𝐥𝐝 𝐋𝐋𝐌𝐬 𝐟𝐫𝐨𝐦 𝐬𝐜𝐫𝐚𝐭𝐜𝐡

“ChatGPT” is everywhere—it’s a tool we use daily to boost productivity, streamline tasks, and spark creativity. But have you ever wondered how it knows so much and performs across such diverse fields? Like many, I've been curious about how it really works and if I could create a similar tool to fit specific needs. 🤔 To dive deeper, I found a fantastic resource: “Build a Large Language Model (From Scratch)” by Sebastian Raschka, which is explained with an insightful YouTube series “Building LLM from Scratch” by Dr. Raj Dandekar (MIT PhD). This combination offers a structured, approachable way to understand the mechanics behind LLMs—and even to try building one ourselves! https://preview.redd.it/35sdlxdb2m0e1.jpg?width=1037&format=pjpg&auto=webp&s=dd228136fbf7cbdeeae253118ee7a46b04948c24 While AI and generative language models architecture shown in the figure can seem difficult to understand, I believe that by taking it step-by-step, it’s achievable—even for those without a tech background. 🚀 Learning one concept at a time can open the doors to this transformative field, and we at Vizuara.ai are excited to take you through the journey where each step is explained in detail for creating an LLM. For anyone interested, I highly recommend going through the following videos:  Lecture 1: Building LLMs from scratch: Series introduction https://youtu.be/Xpr8D6LeAtw?si=vPCmTzfUY4oMCuVl  Lecture 2: Large Language Models (LLM) Basics https://youtu.be/3dWzNZXA8DY?si=FdsoxgSRn9PmXTTz  Lecture 3: Pretraining LLMs vs Finetuning LLMs https://youtu.be/-bsa3fCNGg4?si=j49O1OX2MT2k68pl  Lecture 4: What are transformers? https://youtu.be/NLn4eetGmf8?si=GVBrKVjGa5Y7ivVY  Lecture 5: How does GPT-3 really work? https://youtu.be/xbaYCf2FHSY?si=owbZqQTJQYm5VzDx  Lecture 6: Stages of building an LLM from Scratch https://youtu.be/z9fgKz1Drlc?si=dzAqz-iLKaxUH-lZ  Lecture 7: Code an LLM Tokenizer from Scratch in Python https://youtu.be/rsy5Ragmso8?si=MJr-miJKm7AHwhu9  Lecture 8: The GPT Tokenizer: Byte Pair Encoding https://youtu.be/fKd8s29e-l4?si=aZzzV4qT\nbQ1lzk  Lecture 9: Creating Input-Target data pairs using Python DataLoader https://youtu.be/iQZFH8dr2yI?si=lH6sdboTXzOzZXP9  Lecture 10: What are token embeddings? https://youtu.be/ghCSGRgVB\o?si=PM2FLDl91ENNPJbd  Lecture 11: The importance of Positional Embeddings https://youtu.be/ufrPLpKnapU?si=cstZgif13kyYo0Rc  Lecture 12: The entire Data Preprocessing Pipeline of Large Language Models (LLMs) https://youtu.be/mk-6cFebjis?si=G4Wqn64OszI9ID0b  Lecture 13: Introduction to the Attention Mechanism in Large Language Models (LLMs) https://youtu.be/XN7sevVxyUM?si=aJy7Nplz69jAzDnC  Lecture 14: Simplified Attention Mechanism - Coded from scratch in Python | No trainable weights https://youtu.be/eSRhpYLerw4?si=1eiOOXa3V5LY-H8c  Lecture 15: Coding the self attention mechanism with key, query and value matrices https://youtu.be/UjdRN80c6p8?si=LlJkFvrC4i3J0ERj  Lecture 16: Causal Self Attention Mechanism | Coded from scratch in Python https://youtu.be/h94TQOK7NRA?si=14DzdgSx9XkAJ9Pp  Lecture 17: Multi Head Attention Part 1 - Basics and Python code https://youtu.be/cPaBCoNdCtE?si=eF3GW7lTqGPdsS6y  Lecture 18: Multi Head Attention Part 2 - Entire mathematics explained https://youtu.be/K5u9eEaoxFg?si=JkUATWM9Ah4IBRy2  Lecture 19: Birds Eye View of the LLM Architecture https://youtu.be/4i23dYoXp-A?si=GjoIoJWlMloLDedg  Lecture 20: Layer Normalization in the LLM Architecture https://youtu.be/G3W-LT79LSI?si=ezsIvNcW4dTVa29i  Lecture 21: GELU Activation Function in the LLM Architecture https://youtu.be/d\PiwZe8UF4?si=IOMD06wo1MzElY9J  Lecture 22: Shortcut connections in the LLM Architecture https://youtu.be/2r0QahNdwMw?si=i4KX0nmBTDiPmNcJ  Lecture 23: Coding the entire LLM Transformer Block https://youtu.be/dvH6lFGhFrs?si=e90uX0TfyVRasvel  Lecture 24: Coding the 124 million parameter GPT-2 model https://youtu.be/G3-JgHckzjw?si=peLE6thVj6bds4M0  Lecture 25: Coding GPT-2 to predict the next token https://youtu.be/F1Sm7z2R96w?si=TAN33aOXAeXJm5Ro  Lecture 26: Measuring the LLM loss function https://youtu.be/7TKCrt--bWI?si=rvjeapyoD6c-SQm3  Lecture 27: Evaluating LLM performance on real dataset | Hands on project | Book data https://youtu.be/zuj\NJNouAA?si=Y\vuf-KzY3Dt1d1r  Lecture 28: Coding the entire LLM Pre-training Loop https://youtu.be/Zxf-34voZss?si=AxYVGwQwBubZ3-Y9  Lecture 29: Temperature Scaling in Large Language Models (LLMs) https://youtu.be/oG1FPVnY0pI?si=S4N0wSoy4KYV5hbv  Lecture 30: Top-k sampling in Large Language Models https://youtu.be/EhU32O7DkA4?si=GKHqUCPqG-XvCMFG

My Manager Thinks ML Projects Takes 5 Minutes 🤦‍♀️

Hey, everyone! I’ve got to vent a bit because work has been something else lately. I’m a BI analyst at a bank, and I’m pretty much the only one dealing with machine learning and AI stuff. The rest of my team handles SQL and reporting—no Python, no R, no ML knowledge AT ALL. You could say I’m the only one handling data science stuff So, after I did a Python project for retail, my boss suddenly decided I’m the go-to for all things ML. Since then, I’ve been getting all the ML projects dumped on me (yay?), but here’s the kicker: my manager, who knows nothing about ML, acts like he’s some kind of expert. He keeps making suggestions that make zero sense and setting unrealistic deadlines. I swear, it’s like he read one article and thinks he’s cracked the code. And the best part? Whenever I finish a project, he’s all “we completed this” and “we came up with these insights.” Ummm, excuse me? We? I must’ve missed all those late-night coding sessions you didn’t show up for. The higher-ups know it’s my work and give me credit, but my manager just can’t help himself. Last week, he set a ridiculous deadline of 10 days for a super complex ML project. TEN DAYS! Like, does he even know that data preprocessing alone can take weeks? I’m talking about cleaning up messy datasets, handling missing values, feature engineering, and then model tuning. And that’s before even thinking about building the model! The actual model development is like the tip of the iceberg. But I just nodded and smiled because I was too exhausted to argue. 🤷‍♀️ And then, this one time, they didn’t even invite me to a meeting where they were presenting my work! The assistant manager came to me last minute, like, “Hey, can you explain these evaluation metrics to me so I can present them to the heads?” I was like, excuse me, what? Why not just invite me to the meeting to present my own work? But nooo, they wanted to play charades on me So, I gave the most complicated explanation ever, threw in all the jargon just to mess with him. He came back 10 minutes later, all flustered, and was like, “Yeah, you should probably do the presentation.” I just smiled and said, “I know… data science isn’t for everyone.” Anyway, they called me in at the last minute, and of course, I nailed it because I know my stuff. But seriously, the nerve of not including me in the first place and expecting me to swoop in like some kind of superhero. I mean, at least give me a cape if I’m going to keep saving the day! 🤦‍♀️ Honestly, I don’t know how much longer I can keep this up. I love the work, but dealing with someone who thinks they’re an ML guru when they can barely spell Python is just draining. I have built like some sort of defense mechanism to hit them with all the jargon and watch their eyes glaze over How do you deal with a manager who takes credit for your work and sets impossible deadlines? Should I keep pushing back or just let it go and keep my head down? Any advice! TL;DR: My manager thinks ML projects are plug-and-play, takes credit for my work, and expects me to clean and process data, build models, and deliver results in 10 days. How do I deal with this without snapping? #WorkDrama

How I Started Learning Machine Learning

Hello, everyone. As promised, I'll write a longer post about how I entered the world of ML, hoping it will help someone shape their path. I'll include links to all the useful materials I used alongside the story, which you can use for learning. I like to call myself an AI Research Scientist who enjoys exploring new AI trends, delving deeper into understanding their background, and applying them to real products. This way, I try to connect science and entrepreneurship because I believe everything that starts as scientific research ends up "on the shelves" as a product that solves a specific user problem. I began my journey in ML in 2016 when it wasn't such a popular field. Everyone had heard of it, but few were applying it. I have several years of development experience and want to try my hand at ML. The first problem I encountered was where to start - whether to learn mathematics, statistics, or something else. That's when I came across a name and a course that completely changed my career. Let's start You guessed it. It was Professor Andrew Ng and his globally popular Machine Learning course available on Coursera (I still have the certificate, hehe). This was also my first official online course ever. Since that course no longer exists as it's been replaced by a new one, I recommend you check out: Machine Learning (Stanford CS229) Machine Learning Specialization These two courses start from the basics of ML and all the necessary calculus you need to know. Many always ask questions like whether to learn linear algebra, statistics, or probability, but you don't need to know everything in depth. This knowledge helps if you're a scientist developing a new architecture, but as an engineer, not really. You need to know some basics to understand, such as how the backpropagation algorithm works. I know that Machine Learning (Stanford CS229) is a very long and arduous course, but it's the right start if you want to be really good at ML. In my time, I filled two thick notebooks by hand while taking the course mentioned above. TensorFlow and Keras After the course, I didn't know how to apply my knowledge because I hadn't learned specifically how to code things. Then, I was looking for ways to learn how to code it. That's when I came across a popular framework called Keras, now part of TensorFlow. I started with a new course and acquiring practical knowledge: Deep Learning Specialization Deep Learning by Ian Goodfellow Machine Learning Yearning by Andrew Ng These resources above were my next step. I must admit that I learned the most from that course and from the book Deep Learning by Ian Goodfellow because I like reading books (although this one is quite difficult to read). Learn by coding To avoid just learning, I went through various GitHub repositories that I manually retyped and learned that way. It may be an old-fashioned technique, but it helped me a lot. Now, most of those repositories don't exist, so I'll share some that I found to be good: Really good Jupyter notebooks that can teach you the basics of TensorFlow Another good repo for learning TF and Keras Master the challenge After mastering the basics in terms of programming in TF/Keras, I wanted to try solving some real problems. There's no better place for that challenge than Kaggle and the popular Titanic dataset. Here, you can really find a bunch of materials and simple examples of ML applications. Here are some of my favorites: Titanic - Machine Learning from Disaster Home Credit Default Risk House Prices - Advanced Regression Techniques Two Sigma: Using News to Predict Stock Movements I then decided to further develop my career in the direction of applying ML to the stock market, first using predictions on time series and then using natural language processing. I've remained in this field until today and will defend my doctoral dissertation soon. How to deploy models To continue, before I move on to the topic of specialization, we need to address the topic of deployment. Now that we've learned how to make some basic models in Keras and how to use them, there are many ways and services, but I'll only mention what I use today. For all my ML models, whether simple regression models or complex GPT models, I use FastAPI. It's a straightforward framework, and you can quickly create API endpoints. I'll share a few older and useful tutorials for beginners: AI as an API tutorial series A step-by-step guide Productizing an ML Model with FastAPI and Cloud Run Personally, I've deployed on various cloud providers, of which I would highlight GCP and AWS because they have everything needed for model deployment, and if you know how to use them, they can be quite cheap. Chose your specialization The next step in developing my career, besides choosing finance as the primary area, was my specialization in the field of NLP. This happened in early 2020 when I started working with models based on the Transformer architecture. The first model I worked with was BERT, and the first tasks were related to classifications. My recommendations are to master the Transformer architecture well because 99% of today's LLM models are based on it. Here are some resources: The legendary paper "Attention Is All You Need" Hugging Face Course on Transformers Illustrated Guide to Transformers - Step by Step Explanation Good repository How large language models work, a visual intro to transformers After spending years using encoder-based Transformer models, I started learning GPT models. Good open-source models like Llama 2 then appear. Then, I started fine-tuning these models using the excellent Unsloth library: How to Finetune Llama-3 and Export to Ollama Fine-tune Llama 3.1 Ultra-Efficiently with Unsloth After that, I focused on studying various RAG techniques and developing Agent AI systems. This is now called AI engineering, and, as far as I can see, it has become quite popular. So I'll write more about that in another post, but here I'll leave what I consider to be the three most famous representatives, i.e., their tutorials: LangChain tutorial LangGraph tutorial CrewAI examples Here I am today Thanks to the knowledge I've generated over all these years in the field of ML, I've developed and worked on numerous projects. The most significant publicly available project is developing an agent AI system for well-being support, which I turned into a mobile application. Also, my entire doctoral dissertation is related to applying ML to the stock market in combination with the development of GPT models and reinforcement learning (more on that in a separate post). After long 6 years, I've completed my dissertation, and now I'm just waiting for its defense. I'll share everything I'm working on for the dissertation publicly on the project, and in tutorials I'm preparing to write. If you're interested in these topics, I announce that I'll soon start with activities of publishing content on Medium and a blog, but I'll share all of that here on Reddit as well. Now that I've gathered years of experience and knowledge in this field, I'd like to share it with others and help as much as possible. If you have any questions, feel free to ask them, and I'll try to answer all of them. Thank you for reading.

TOP ML University Courses for beginners (FREE)

UC Berkeley UC Berkeley Full Stack Playlist - YouTube Stanford University STEFANO ERMON's Deep Generative Model classes - (Highly Recommended) Stanford CS234: Reinforcement Learning Spring 2024 - Playlist 1 Stanford CS234: Reinforcement Learning Spring 2024 - Playlist 2 Stanford XCS224U: Natural Language Understanding Spring 2023 - Playlist Stanford CS229M: Machine Learning Theory Fall 2021 - Playlist Stanford CS25 - Transformers United ML with Graphs MIT MIT 6.S191: Introduction to Deep Learning Harvard NLP Harvard NLP Code - Official Website CU Boulder AI BY HAND Cornell Tech ML Models UMICH DL for CV

Introduction to Generative AI

Hey everyone! There's been a rapidly growing interest in Generative AI recently, so I wrote this Introduction to Generative AI that provides a high-level overview of the topic. It is the starting point in a series that will go through Generative AI in different domains, so it's a good resource if you're relatively new to (Generative) AI and want to learn more! Happy to answer any questions in the comments :)

How I Started Learning Machine Learning

Hello, everyone. As promised, I'll write a longer post about how I entered the world of ML, hoping it will help someone shape their path. I'll include links to all the useful materials I used alongside the story, which you can use for learning. I like to call myself an AI Research Scientist who enjoys exploring new AI trends, delving deeper into understanding their background, and applying them to real products. This way, I try to connect science and entrepreneurship because I believe everything that starts as scientific research ends up "on the shelves" as a product that solves a specific user problem. I began my journey in ML in 2016 when it wasn't such a popular field. Everyone had heard of it, but few were applying it. I have several years of development experience and want to try my hand at ML. The first problem I encountered was where to start - whether to learn mathematics, statistics, or something else. That's when I came across a name and a course that completely changed my career. Let's start You guessed it. It was Professor Andrew Ng and his globally popular Machine Learning course available on Coursera (I still have the certificate, hehe). This was also my first official online course ever. Since that course no longer exists as it's been replaced by a new one, I recommend you check out: Machine Learning (Stanford CS229) Machine Learning Specialization These two courses start from the basics of ML and all the necessary calculus you need to know. Many always ask questions like whether to learn linear algebra, statistics, or probability, but you don't need to know everything in depth. This knowledge helps if you're a scientist developing a new architecture, but as an engineer, not really. You need to know some basics to understand, such as how the backpropagation algorithm works. I know that Machine Learning (Stanford CS229) is a very long and arduous course, but it's the right start if you want to be really good at ML. In my time, I filled two thick notebooks by hand while taking the course mentioned above. TensorFlow and Keras After the course, I didn't know how to apply my knowledge because I hadn't learned specifically how to code things. Then, I was looking for ways to learn how to code it. That's when I came across a popular framework called Keras, now part of TensorFlow. I started with a new course and acquiring practical knowledge: Deep Learning Specialization Deep Learning by Ian Goodfellow Machine Learning Yearning by Andrew Ng These resources above were my next step. I must admit that I learned the most from that course and from the book Deep Learning by Ian Goodfellow because I like reading books (although this one is quite difficult to read). Learn by coding To avoid just learning, I went through various GitHub repositories that I manually retyped and learned that way. It may be an old-fashioned technique, but it helped me a lot. Now, most of those repositories don't exist, so I'll share some that I found to be good: Really good Jupyter notebooks that can teach you the basics of TensorFlow Another good repo for learning TF and Keras Master the challenge After mastering the basics in terms of programming in TF/Keras, I wanted to try solving some real problems. There's no better place for that challenge than Kaggle and the popular Titanic dataset. Here, you can really find a bunch of materials and simple examples of ML applications. Here are some of my favorites: Titanic - Machine Learning from Disaster Home Credit Default Risk House Prices - Advanced Regression Techniques Two Sigma: Using News to Predict Stock Movements I then decided to further develop my career in the direction of applying ML to the stock market, first using predictions on time series and then using natural language processing. I've remained in this field until today and will defend my doctoral dissertation soon. How to deploy models To continue, before I move on to the topic of specialization, we need to address the topic of deployment. Now that we've learned how to make some basic models in Keras and how to use them, there are many ways and services, but I'll only mention what I use today. For all my ML models, whether simple regression models or complex GPT models, I use FastAPI. It's a straightforward framework, and you can quickly create API endpoints. I'll share a few older and useful tutorials for beginners: AI as an API tutorial series A step-by-step guide Productizing an ML Model with FastAPI and Cloud Run Personally, I've deployed on various cloud providers, of which I would highlight GCP and AWS because they have everything needed for model deployment, and if you know how to use them, they can be quite cheap. Chose your specialization The next step in developing my career, besides choosing finance as the primary area, was my specialization in the field of NLP. This happened in early 2020 when I started working with models based on the Transformer architecture. The first model I worked with was BERT, and the first tasks were related to classifications. My recommendations are to master the Transformer architecture well because 99% of today's LLM models are based on it. Here are some resources: The legendary paper "Attention Is All You Need" Hugging Face Course on Transformers Illustrated Guide to Transformers - Step by Step Explanation Good repository How large language models work, a visual intro to transformers After spending years using encoder-based Transformer models, I started learning GPT models. Good open-source models like Llama 2 then appear. Then, I started fine-tuning these models using the excellent Unsloth library: How to Finetune Llama-3 and Export to Ollama Fine-tune Llama 3.1 Ultra-Efficiently with Unsloth After that, I focused on studying various RAG techniques and developing Agent AI systems. This is now called AI engineering, and, as far as I can see, it has become quite popular. So I'll write more about that in another post, but here I'll leave what I consider to be the three most famous representatives, i.e., their tutorials: LangChain tutorial LangGraph tutorial CrewAI examples Here I am today Thanks to the knowledge I've generated over all these years in the field of ML, I've developed and worked on numerous projects. The most significant publicly available project is developing an agent AI system for well-being support, which I turned into a mobile application. Also, my entire doctoral dissertation is related to applying ML to the stock market in combination with the development of GPT models and reinforcement learning (more on that in a separate post). After long 6 years, I've completed my dissertation, and now I'm just waiting for its defense. I'll share everything I'm working on for the dissertation publicly on the project, and in tutorials I'm preparing to write. If you're interested in these topics, I announce that I'll soon start with activities of publishing content on Medium and a blog, but I'll share all of that here on Reddit as well. Now that I've gathered years of experience and knowledge in this field, I'd like to share it with others and help as much as possible. If you have any questions, feel free to ask them, and I'll try to answer all of them. Thank you for reading.

List of free educational ML resources I used to become a FAANG ML Engineer

Full commentary and notes here ➡️: https://www.trybackprop.com/blog/top\ml\learning\resources Used these to brush up on math and teach myself AI/ML over the course of two years. I'm now a staff ML engineer at FAANG. Hope these help. Fundamentals Linear Algebra – 3Blue1Brown's Essence of Linear Algebra series, binged all these videos on a one hour train ride visiting my parents Multivariable Calculus – Khan Academy's Multivariable Calculus lessons were a great refresher of what I had learned in college. Looking back, I just needed to have reviewed Unit 1 – intro and Unit 2 – derivatives. Calculus for ML – this amazing animated video explains calculus and backpropagation Information Theory – easy-to-understand book on information theory called Information Theory: A Tutorial Introduction. Statistics and Probability – the StatQuest YouTube channel Machine Learning Stanford Intro to Machine Learning by Andrew Ng – Stanford's CS229, the intro to machine learning course, published their lectures on YouTube for free. I watched lectures 1, 2, 3, 4, 8, 9, 11, 12, and 13, and I skipped the rest since I was eager to move onto deep learning. The course also offers a free set of course notes, which are very well written. Caltech Machine Learning – Caltech's machine learning lectures on YouTube, less mathematical and more intuition based Deep Learning Andrej Karpathy's Zero to Hero Series – Andrej Karpathy, an AI researcher who graduated with a Stanford PhD and led Tesla AI for several years, released an amazing series of hands on lectures on YouTube. highly highly recommend Neural networks – Stanford's CS231n course notes and lecture videos were my gateway drug*, so to speak, into the world of deep learning. Transformers and LLMs Transformers – watched these two lectures: lecture from the University of Waterloo and lecture from the University of Michigan. I have also heard good things about Jay Alammar's The Illustrated Transformer guide ChatGPT Explainer – Wolfram's YouTube explainer video on ChatGPT Interactive LLM Visualization – This LLM visualization that you can play with in your browser is hands down the best interactive experience with an LLM. Financial Times' Transformer Explainer – The Financial Times released a lovely interactive article that explains the transformer very well. Residual Learning – 2023 Future Science Prize Laureates Lecture on residual learning. Efficient ML and GPUs How are Microchips Made? – This YouTube video by Branch Education is one of the best free educational videos on the internet, regardless of subject, but also, it's the best video on understanding microchips. CUDA – My L8 and L9 FAANG coworkers acquired their CUDA knowledge from this series of lectures. TinyML and Efficient Deep Learning Computing – 2023 lectures on efficient ML techniques online. Chip War – Chip War is a bestselling book published in 2022 about microchip technology whose beginning chapters on the invention of the microchip actually explain CPUs very well

What Reinforcement Learning Method Should I Use for Poker AI with LLMs?

Hey everyone, I’m working on a poker AI project, where I’m training a large language model (LLM) to predict poker actions from given game states (check, call, bet, raise, etc.). My end goal is to create a model that can play poker at a high level, primarily by self-play and opponent modeling. However, I’m running into some challenges that I hope you can help me with! Here's the situation: Training Method: I’m using supervised fine-tuning (SFT) on real poker hand history data to initially teach the LLM how to predict poker actions from game states. This means that the model learns from examples of past games, predicting the actions that players took in various situations. Self-Play Setup: I plan to eventually move to self-play, where the LLM will play against itself (or other types of models that I create to simulate different play styles). I’ll use these self-play sessions to improve the model over time. Opponent Pool: I’m creating 6 types of poker players (Loose Aggressive, Loose Passive, Tight Aggressive, Tight Passive, Maniac, and Nit), each trained at 5 different skill levels (Novice, Beg\*nner, Intermediate, Advanced, Expert). This gives me a decent range of opponent behavior for training. The problem: Here’s the catch: The LLM I’m using only outputs discrete actions (e.g., bet 3BB, raise to 10BB, etc.) with no access to the probabilities of actions, so I can't directly use methods like policy gradients or Q-learning that rely on action probabilities or continuous action spaces. This makes applying traditional RL methods a bit tricky. My question: Given that I don't have access to action probabilities, what RL method or strategy should I pursue to improve my model? Specifically, I’m looking for a way to: Incorporate self-play with reward-based learning. Refine the model through reinforcement learning, without the need for continuous probabilities. Ensure the model doesn’t just overfit to its own prior behavior but learns to adapt and exploit different strategies in poker. I’ve considered a few approaches like reward-weighted supervised fine-tuning or using simpler RL techniques like Monte Carlo updates, but I’m not sure which would work best with the LLM setup I have. I've also considered Q-learning or Deep Q-learning. Any advice or suggestions on which RL approach I should take given my situation would be greatly appreciated! Yes I used AI to write this queston. But it captures everything I want to say, and I suck at writing.

Strategies for training AI players on asymmetric games?

I'm familiar with things like self-play in training a player for games like Chess, Checkers, and many other games where move sets and goals are the same for both players - e.g. eliminate the other player's pieces, prevent the other player from moving (like in Amazons, for example), etc. But what about training a computer player for a game where one side has a different goal than the other? Thing like Maker-Breaker Games. I imagine I would want to train a strong Maker and then train a strong Breaker. So it seems like like an application of Reinforcement Learning and more like a Generative Adversarial Network. Does anyone have any reading on these types of problems? Thanks. Additionally, I'm looking to build a home computer with some funds I came into recently to help me train models (I can't depend on cloud services since the money is only available for a short time), and my budget is pretty big for a home system. Where should I go looking for something that is relatively quiet, usable, doesn't raise my electricity bill too high, and is still powerful enough to train models for years to come? I've looked into /r/buildapcforme but folks seem more focused on gaming over there. And I'm pretty hardware ignorant.

Teaching an AI to Play Mario: A Learning Journey

TLDR: I've always wanted to learn reinforcement learning, but the notation and concepts often seemed overwhelming (and scary). So, \~3 months ago, I set myself a challenge: Train an AI to Speedrun Mario Watch the progression here: https://youtu.be/OQitI066aI0 &#x200B; Full Story: Three months ago, I stared at the dense forest of Reinforcement Learning (RL) papers and felt like Mario facing Bowser for the first time: unequipped and overwhelmingly outmatched. The notation seemed like hieroglyphics, and terms like "policy gradients" felt like they belonged in a sci-fi novel, not a beginner's project. But RL always seemed so cool, and I was really determined to achieve my goal. So, I started with the Sutton & Barto RL textbook, learning things like the Multi-Armed Bandit problem and MDPs working my way up to Actor-Critic methods. That book is literal gold & I highly recommend you work through it (even though it can be tough at times). I tried everything from random courses online to books on amazon & this textbook has been by far the most clear and effective way to learn RL. The biggest issue with the textbook is you learn a lot of theory, but don't learn implementation. So, I would go through a chapter a week & set aside Friday + the weekend to actually implement what I learned (usually by watching youtube tutorials & looking at Github Repos). Eventually, while searching for practical resources for implementing PPO, I stumbled upon a GitHub repository that literally trained an AI to play Mario. Rather than just cloning and running the code, I took a deeper approach. I aimed to understand the repository thoroughly, ensuring each line of code made sense in the context of what I had studied. But of course, this wasn't easy. One of the biggest issues was my hardware limitation. I was working on an old Mac. So, I started using Google Collab, but that had its own problems (session timeouts & limited GPU access). Ultimately, I found AWS Sagemaker to be pretty good. &#x200B; After rewriting the code, I felt confident it would work because I understood every aspect of it. So, I trained the AI to play Mario across a variety of different levels (took a long time and a lot of trial and error with the learning rate). It feels amazing seeing your theoretical knowledge translate into tangible results & this project gave me a big confidence boost. &#x200B; Anyways I made a video showing off the results (Note that I simplified the technical parts for it to reach a wider audience): https://youtu.be/OQitI066aI0 &#x200B; Feel free to drop any questions or feedback, I'm more than happy to help or chat about my experiences. I hope my journey can inspire some of you who might be feeling overwhelmed with the idea of diving into reinforcement learning or any other area of AI. Remember, the hardest part is often taking the first step. Once you start, the momentum will carry you forward. Thank you for reading my super long post and sharing in my little success story! 🚀🕹️🎮

Implementation of AI and Machine Learning In The Healthcare Industry

Using AI in medical diagnostics can assist physicians in enhancing medical therapies in a variety of ways. Physical burnout because of overwork is a severe problem that many medical professionals experience these days. It reduces medical practitioners’ overall performance, which leads to an increase in diagnostic inaccuracy. The most recent Medscape National Physician Burnout and Suicide Report 2020 data highlighted the risks of putting too much pressure on physicians, particularly those juggling families, retirement plans, and the intricacies of their employment. What is your thought on implementing AI/ML in the medical sector? Do you believe it's a threat to the medical workers? Source article: Artificial Intelligence (AI) and its Assistance in Medical Diagnosis

GPT Weekly - 19the June Edition - OpenAI's function calling, Meta's free LLM, EU Regulation and more.

This is a recap covering the major news from last week. 🔥Top 3 news - OpenAI’s updates, Meta’s upcoming free LLM and EU Regulation 🗞️Interesting reads include PSA about protecting your keys, The GPT ouroboros, Reddit - OpenAI’s moat, and more.. 🧑‍🎓Learning includes a Step-by-step guide from a non-technical founder who launched his MVP, Chatbot for your Gdrive and more 🔥Top 3 AI news in the past week OpenAI: New Pricing, Models, & Functions OpenAI has been on a roll. Last week we saw the release of OpenAI best practice on using GPT. This week we saw some amazing updates. Three major buckets were: First, the price decreases for both embeddings and GPT-3.5 tokens. Second, new models for gpt-4 and gpt-3.5. A new longer context model for gpt-3.5. Third, a new function calling capability. Why is it important? Previously, the output from OpenAI was all text. So, calling an external API from GPT was quite difficult. You had to parse the text data and things were often incorrect. Langchain created the Agents and Tools feature to tackle this problem. It was still unreliable and prone to issues. Now you get native support to generate a fixed format output. You can use the output to generate functional calls and also pass functions which need to be called. For example, if your app has multiple API endpoints then you can use GPT to generate the API calls with parameters. You can also pass the endpoints as function calls to ensure the correct function is executed. This functionality can further be used to generate structured data (JSON) out of GPT. So, you can generate data from GPT and load it into your backend. What’s next? This functionality allows turning natural language responses into structured data. This can be used to create “intelligent” backends using LLMs. We might see implementations in no-code tools to allow more robust and natural-language tools for non-technical folks. The structured data process goes both ways. You can also feed structured data into GPT for better responses. This feature also has its share of issues. Function calling suffers from the same prompt injection issues. Malicious actors can pass malicious code in function or the responses. For example, creation of queries using functions might contain malicious code to delete data. Without proper user validation this code will be executed automatically and delete data. So, using LLM as the back-end layer needs proper security implementation. Meta's LLM: Commercial Use Ahead Llama has been a boon for the open source community. Many of the open source models rely on Llama. The issue is that Llama is research-only and cannot be used commercially. So, no one can use it to build any product. Meta is now working on the next version of the model. This model will be available for commercial use. This is in stark contrast to both OpenAI and Google. Both safe-guarde their models and make it available through API. Why is it important? Certain industries cannot use LLM APIs because of strict restrictions on data privacy. These companies would want to run their own instance of a foundational model. A commercially available foundational model is also going to help people who want to keep their “API call” costs next to 0. A commercially available free-for-all model will also help push the open source community further. Just like Llama. What’s next? Sam Altman has said OpenAI didn’t release GPT-3 as open-source because they didn’t think people would be able to run it. Now OpenAI is working on an open-source model. This is going to be weaker than GPT-4. Let the battle of LLMs begin. EU's Proposed Legislation and Its Impact on AI Usage The EU parliament voted to move ahead with the E.U. AI Act. This act aims to ensure consumer protection against the dangers of AI. Why is it important? OpenAI and Sam Altman want regulations for models. They have proposed a IAEA-type of agency to stop the proliferation of LLM models. As per OpenAI, all models should be regulated and monitored. The suggestion of a license based regulation has led to significant backlash. Many people have called it “regulatory capture” - with the aim of shutting down competing LLMs. Licensing based regulations might not really be effective. The EU is approaching regulation from a different angle. It doesn’t focus on how models are developed. Rather focuses on how AI will/can be used. They have broken down use cases into 4 categories - unacceptable (prohibited), high, medium and low risk. For example, Building a Pre-Crime software,on%20crimes%20not%20yet%20committed.) to predict crimes? Building a Social credit system? Unacceptable. Using tools to influence elections or recommendation algorithms? High (Highly regulated). Using generative AI tools to create text or images on news sites? Medium (Add label that the content is AI generated) AI providers also need to disclose their training source. To me this sounds like good legislation. What do you guys think? But, OpenAI has warned that EU regulations might force them to pull out completely. What’s next? The disclosure requirements might help various publishing companies. AI and media companies are in talks to pay for training data. Google has been leading the charge. Additionally, OpenAI and Deepmind will open their models for safety and research purposes to the UK government. 🗞️10 AI news highlights and interesting reads PSA: If you are using Repl to write code, you might want to check your OpenAI API keys. If you have left them embedded then people can pirate and steal the keys. LLMs rely on human annotation or human feedback to learn. And one way to generate human annotation is crowdsourcing. But what if the crowdsource human annotators use LLMs? Research shows 33-46% workers used LLMs. So, basically we go from Human -> AI -> Human -> AI. The AI ouroboros. Researchers also say generated data to train models might cause serious issue. All the talks about moats \- Reddit might be OpenAI’s \future\ moat. Given the amount of complaints about how Google search experience has deteriorated during the blackout, this might be true? Doctors are using ChatGPT but not to diagnose.Rather to be more empathetic. We discussed this just a month ago. And guess where the data for this study came from? Reddit AskDocs. Moat FTW?! Beatles to make a comeback…using Generative AI. SnapFusion - Text to Image diffusion on mobile phones. Large context lengths are important for better GPT experience. The secret sauce for 100k context length. There is a lot of bad AI research out there. Some border on snake oil. Most AI “research” should be double checked and challenged. A new research on huggingface said that GPT-4 can ace MIT curriculum. Now someone is replicating the results and say that GPT-4 can’t beat MIT. Are we seeing peak AI? Especially when people from Deepmind and Meta are involved? Mistral AI raised $113 million in seed round with no product. Some might say this funding is for the team and the team is really solid. The issue though is whether the valuation is justified when OpenAI and Google already have a head start. The AI Hype Wall of Shame. \- Collection of articles which mislead people about AI in various aspects. 🧑‍🎓3 Learning Resources Building and Launching a company using GPT-4 with prompts. (The author didn’t know how to code but created and launched the MVP in a month). Chatbot for your Gdrive - https://www.haihai.ai/gpt-gdrive/ Building ChatGPT plugin using Supabase - https://supabase.com/blog/building-chatgpt-plugins-template That’s it folks. Thank you for reading and have a great week ahead. If you are interested in a focused weekly recap delivered to your inbox on Mondays you can subscribe here. It is FREE!

Month of August in AI

🔍 Inside this Issue: 🤖 Latest Breakthroughs: This month it’s all about Agents, LangChain RAG, and LLMs evaluation challenges.* 🌐 AI Monthly News: Discover how these stories are revolutionizing industries and impacting everyday life: EU AI Act, California’s Controversial SB1047 AI regulation act, Drama at OpenAI, and possible funding at OpenAI by Nvidia and Apple.* 📚 Editor’s Special: This covers the interesting talks, lectures, and articles we came across recently. Follow me on Twitter and LinkedIn at RealAIGuys and AIGuysEditor to get insight on new AI developments. Please don't forget to subscribe to our Newsletter: https://medium.com/aiguys/newsletter Latest Breakthroughs Are Agents just simple rules? Are Agents just enhanced reasoning? The answer is yes and no. Yes, in the sense that agents have simple rules and can sometimes enhance reasoning capabilities compared to a single prompt. But No in the sense that agents can have a much more diverse functionality like using specific tools, summarizing, or even following a particular style. In this blog, we look into how to set up these agents in a hierarchal manner just like running a small team of Authors, researchers, and supervisors. How To Build Hierarchical Multi-Agent Systems? TextGrad. It is a powerful framework performing automatic “differentiation” via text. It backpropagates textual feedback provided by LLMs to improve individual components of a compound AI system. In this framework, LLMs provide rich, general, natural language suggestions to optimize variables in computation graphs, ranging from code snippets to molecular structures. TextGrad showed effectiveness and generality across various applications, from question-answering and molecule optimization to radiotherapy treatment planning. TextGrad: Improving Prompting Using AutoGrad The addition of RAG to LLMs was an excellent idea. It helped the LLMs to become more specific and individualized. Adding new components to any system leads to more interactions and its own sets of problems. Adding RAG to LLMs leads to several problems such as how to retrieve the best content, what type of prompt to write, and many more. In this blog, we are going to combine the LangChain RAG with DSPy. We deep dive into how to evaluate the RAG pipeline quantitatively using RAGAs and how to create a system where instead of manually tweaking prompts, we let the system figure out the best prompt. How To Build LangChain RAG With DSPy? As the field of natural language processing (NLP) advances, the evaluation of large language models (LLMs) like GPT-4 becomes increasingly important and complex. Traditional metrics such as accuracy are often inadequate for assessing these models’ performance because they fail to capture the nuances of human language. In this article, we will explore why evaluating LLMs is challenging and discuss effective methods like BLEU and ROUGE for a more comprehensive evaluation. The Challenges of Evaluating Large Language Models AI Monthly News AI Act enters into force On 1 August 2024, the European Artificial Intelligence Act (AI Act) enters into force. The Act aims to foster responsible artificial intelligence development and deployment in the EU. The AI Act introduces a uniform framework across all EU countries, based on a forward-looking definition of AI and a risk-based approach: Minimal risk: most AI systems such as spam filters and AI-enabled video games face no obligation under the AI Act, but companies can voluntarily adopt additional codes of conduct. Specific transparency risk: systems like chatbots must clearly inform users that they are interacting with a machine, while certain AI-generated content must be labelled as such. High risk: high-risk AI systems such as AI-based medical software or AI systems used for recruitment must comply with strict requirements, including risk-mitigation systems, high-quality of data sets, clear user information, human oversight, etc. Unacceptable risk: for example, AI systems that allow “social scoring” by governments or companies are considered a clear threat to people’s fundamental rights and are therefore banned. EU announcement: Click here https://preview.redd.it/nwyzfzgm4cmd1.png?width=828&format=png&auto=webp&s=c873db37ca0dadd5b510bea70ac9f633b96aaea4 California AI bill SB-1047 sparks fierce debate, Senator likens it to ‘Jets vs. Sharks’ feud Key Aspects of SB-1047: Regulation Scope: Targets “frontier” AI models, defined by their immense computational training requirements (over 10²⁶ operations) or significant financial investment (>$100 million). Compliance Requirements: Developers must implement safety protocols, including the ability to immediately shut down, cybersecurity measures, and risk assessments, before model deployment. Whistleblower Protections: Encourages reporting of non-compliance or risks by offering protection against retaliation. Safety Incident Reporting: Mandates reporting AI safety incidents within 72 hours to a newly established Frontier Model Division. Certification: Developers need to certify compliance, potentially under penalty of perjury in earlier drafts, though amendments might have altered this. Pros: Safety First: Prioritizes the prevention of catastrophic harms by enforcing rigorous safety standards, potentially safeguarding against AI misuse or malfunction. Incentivizes Responsible Development: By setting high standards for AI model training, the company encourages developers to think critically about the implications of their creations. Public Trust: Enhances public confidence in AI by ensuring transparency and accountability in the development process. Cons: Innovation Stagnation: Critics argue it might stifle innovation, especially in open-source AI, due to the high costs and regulatory burdens of compliance. Ambiguity: Some definitions and requirements might be too specific or broad, leading to legal challenges or unintended consequences. Global Competitiveness: There’s concern that such regulations could push AI development outside California or the U.S., benefiting other nations without similar restrictions. Implementation Challenges: The practicalities of enforcing such regulations, especially the “positive safety determination,” could be complex and contentious. News Article: Click here Open Letter: Click here https://preview.redd.it/ib96d7nk4cmd1.png?width=828&format=png&auto=webp&s=0ed5913b5dae72e203c8592393e469d9130ed689 MORE OpenAI drama OpenAI co-founder John Schulman has left the company to join rival AI startup Anthropic, while OpenAI president and co-founder Greg Brockman is taking an extended leave until the end of the year. Schulman, who played a key role in creating the AI-powered chatbot platform ChatGPT and led OpenAI’s alignment science efforts, stated his move was driven by a desire to focus more on AI alignment and hands-on technical work. Peter Deng, a product manager who joined OpenAI last year, has also left the company. With these departures, only three of OpenAI’s original 11 founders remain: CEO Sam Altman, Brockman, and Wojciech Zaremba, lead of language and code generation. News Article: Click here https://preview.redd.it/0vdjc18j4cmd1.png?width=828&format=png&auto=webp&s=e9de604c26aed3e47b50df3bdf114ef61f967080 Apple and Nvidia may invest in OpenAI Apple, which is planning to integrate ChatGPT into iOS, is in talks to invest. Soon after, Bloomberg also reported that Apple is in talks but added that Nvidia “has discussed” joining the funding round as well. The round is reportedly being led by Thrive Capital and would value OpenAI at more than $100 billion. News Article: Click here https://preview.redd.it/ude6jguh4cmd1.png?width=828&format=png&auto=webp&s=3603cbca0dbb1be3e6d0efcf06c3a698428bbdd6 Editor’s Special The AI Bubble: Will It Burst, and What Comes After?: Click here Eric Schmidt Full Controversial Interview on AI Revolution (Former Google CEO): Click here AI isn’t gonna keep improving Click here General Intelligence: Define it, measure it, build it: Click here

Need Advice on Implementing Reranking Models for an AI-Based Document-Specific Copilot feature

Hey everyone! I'm currently working on an AI-based grant writing system that includes two main features: Main AI: Uses LLMs to generate grant-specific suggestions based on user-uploaded documents. Copilot Feature: Allows document-specific Q&A by utilizing a query format like /{filename} {query} to fetch information from the specified document. Currently, we use FAISS for vector storage and retrieval, with metadata managed through .pkl files. This setup works for similarity-based retrieval of relevant content. However, I’m considering introducing a reranking model to further enhance retrieval accuracy, especially for our Copilot feature. Challenges with Current Setup: Document-Specific Retrieval: We're storing document-specific embeddings and metadata in .pkl files, and retrieval works by first querying FAISS. Objective: Improve the precision of the results retrieved by Copilot when the user requests data from a specific document (e.g., /example.pdf summarize content). Questions for the Community: Is using a reranking model (e.g., BERT-based reranker, MiniLM) a good idea to add another layer of precision for document retrieval, especially when handling specific document requests? If I implement a reranking model, do I still need the structured .pkl files, or can I rely solely on the embeddings and reranking for retrieval? How can I effectively integrate a reranking model into my current FAISS + Langchain setup? I’d love to hear your thoughts, and if you have experience in using reranking models with FAISS or similar, any advice would be highly appreciated. Thank you!

A little help, please!

I'm working on a prototype and could use some feedback! Would any business leaders be interested in a platform that provides personalized ML/AI solutions at much lower costs and higher efficiency compared to generic LLMs? I'm finding that LLMs aren't the best solution for every ML problem, and I'm wondering if there's a demand for a more tailored, cost-effective alternative. Would love to hear your thoughts or experiences! #AI #MachineLearning #Entrepreneur #Tech

Randomly asked ChatGPT and Claude for a 4 year roadmap for an ML Engineer

Title, Is it actually a good plan ?? If no, why not ?? \\🚀 4-Year Roadmap to Becoming a High-Earning ML Engineer & Entrepreneur\\ \\(With Smartwork & Realistic 60-70% Execution Feasibility)\\ \\🟢 Year 1: Strong Foundation & Initial Projects (0-12 Months)\\ 🎯 \\Goal: Master Python & ML Fundamentals\\ \\🔹 1-4 Months (Python & Math Strengthening)\\ ✅ Python Mastery \- Daily LeetCode Easy problems (minimum 2) \- Build automation projects \- NumPy & Pandas mastery \- DSA fundamentals ✅ Mathematics Foundation \- Linear Algebra basics \- Statistics fundamentals \- Basic calculus concepts ✅ First Mini-Hackathon Participation \- Join beginner-friendly hackathons \- Focus on Python-based challenges \- Team up with other beginners 💡 \\Smart Move:\\ \- Join Discord/Slack hackathon communities \- Practice collaborative coding \- Build network with fellow participants \\🔹 5-8 Months (ML Foundations)\\ ✅ Machine Learning Basics \- Supervised Learning \- Model evaluation \- Feature engineering \- scikit-learn projects ✅ Participate in 2-3 ML Hackathons \- Kaggle Getting Started competitions \- Local ML hackathons \- University hackathons ✅ Start LinkedIn & GitHub Portfolio 💡 \\Smart Move:\\ \- Document hackathon experiences \- Share learnings on LinkedIn \- Focus on completion over winning \\🔹 9-12 Months (Deep Learning Introduction)\\ ✅ Basic Deep Learning \- Neural network fundamentals \- PyTorch basics \- Computer vision tasks \- Basic NLP ✅ Advanced Hackathon Participation \- AI/ML specific hackathons \- Team lead in 1-2 hackathons \- Start mentoring beginners \\🔵 Year 1 Expected Outcome (60-70% Execution)\\ ✔ \\Strong Python & ML foundations\\ ✔ \\5-6 hackathon participations\\ ✔ \\Active GitHub (100+ commits)\\ ✔ \\Growing LinkedIn (300+ connections)\\ 💰 \\Earning Expectation → ₹8K-₹20K per month (Projects/Internship)\\ \\🟢 Year 2: Professional Growth & Specialization (12-24 Months)\\ 🎯 \\Goal: Build Professional Experience & Recognition\\ \\🔹 1-6 Months (Technical Depth)\\ ✅ Advanced ML Topics \- Deep Learning architectures \- Computer Vision OR NLP \- MLOps basics (Docker, FastAPI) \- Cloud fundamentals (AWS/GCP) ✅ Hackathon Achievements \- Win minor prizes in 2-3 hackathons \- Lead teams in major hackathons \- Network with sponsors ✅ Start Technical Blogging 💡 \\Smart Move:\\ \- Focus on hackathon projects that align with career goals \- Build relationships with companies at hackathons \- Create detailed project documentation \\🔹 7-12 Months (Professional Experience)\\ ✅ Secure ML Role/Internship ✅ Advanced Project Building ✅ Open Source Contributions ✅ Organize Small Hackathons 💡 \\Smart Move:\\ \- Use hackathon network for job referrals \- Convert hackathon projects into full products \- Build mentor reputation \\🔵 Year 2 Expected Outcome (60-70% Execution)\\ ✔ \\Professional ML experience\\ ✔ \\10+ hackathon participations\\ ✔ \\1-2 hackathon wins\\ ✔ \\Strong industry network\\ 💰 \\Earning Expectation → ₹40K-₹70K per month (Job/Freelancing)\\ \\🟢 Year 3: Scaling & Business Foundation (24-36 Months)\\ 🎯 \\Goal: Establish Multiple Income Streams\\ \\🔹 1-4 Months (Expertise Building)\\ ✅ Choose Specialization \- MLOps \- Computer Vision \- NLP/LLMs \- Generative AI ✅ Advanced Competitions \- International hackathons \- High-prize competitions \- Corporate ML challenges ✅ Start Consulting Services 💡 \\Smart Move:\\ \- Use hackathon wins for marketing \- Build service packages around expertise \- Network with corporate sponsors \\🔹 5-8 Months (Business Development)\\ ✅ Scale Services ✅ Build Client Network ✅ Create Training Programs ✅ Hackathon Mentorship Program 💡 \\Smart Move:\\ \- Convert hackathon projects to products \- Use event networks for client acquisition \- Build authority through speaking \\🔹 9-12 Months (Growth & Innovation)\\ ✅ Product Development ✅ Team Building ✅ Innovation Focus ✅ Hackathon Organization \\🔵 Year 3 Expected Outcome (60-70% Execution)\\ ✔ \\Established ML business/career\\ ✔ \\Known in hackathon community\\ ✔ \\Multiple income streams\\ ✔ \\Strong industry presence\\ 💰 \\Earning Expectation → ₹1L-₹2L per month (Multiple Streams)\\ \\🟢 Year 4: Scale & Leadership (36-48 Months)\\ 🎯 \\Goal: Build AI Company & Achieve Financial Freedom\\ \\🔹 1-4 Months (Business Scaling)\\ ✅ Company Formation \- AI consulting firm \- Product development \- Training programs ✅ Hackathon Innovation \- Launch own hackathon series \- Corporate partnerships \- Prize sponsorships ✅ Team Expansion 💡 \\Smart Move:\\ \- Use hackathon network for hiring \- Create unique event formats \- Build corporate relationships \\🔹 5-8 Months (Market Leadership)\\ ✅ Product Launch ✅ Service Expansion ✅ International Presence ✅ Innovation Hub Creation 💡 \\Smart Move:\\ \- Create hackathon-to-hiring pipeline \- Build educational programs \- Establish thought leadership \\🔹 9-12 Months (Empire Building)\\ ✅ Multiple Revenue Streams \- AI products \- Consulting services \- Educational programs \- Event organization \- Investment returns ✅ Industry Leadership \- Conference speaking \- Published content \- Community leadership \\🔵 Year 4 Expected Outcome (60-70% Execution)\\ ✔ \\Established AI company\\ ✔ \\Major hackathon organizer\\ ✔ \\Multiple product lines\\ ✔ \\Industry authority status\\ 💰 \\Earning Expectation → ₹3L-₹5L+ per month (Business Income)\\ \\📊 FINAL RATING\\ ✅ \\Comprehensive growth plan\\ ✅ \\Strong community focus\\ ✅ \\Multiple income pathways\\ 💡 \\If 100% Execution → 8.5/10 Feasibility\\ 💡 \\If 50% Execution → 6/10 Feasibility\\ 🔥 \\Conclusion: A balanced path to ML mastery and entrepreneurship, built through consistent growth and community engagement!\\ 🚀 \\Key Success Factors:\\ Regular hackathon participation Strong community involvement Consistent skill development Strategic network building Focus on both technical and business growth

MMML | Deploy HuggingFace training model rapidly based on MetaSpore

A few days ago, HuggingFace announced a $100 million Series C funding round, which was big news in open source machine learning and could be a sign of where the industry is headed. Two days before the HuggingFace funding announcement, open-source machine learning platform MetaSpore released a demo based on the HuggingFace Rapid deployment pre-training model. As deep learning technology makes innovative breakthroughs in computer vision, natural language processing, speech understanding, and other fields, more and more unstructured data are perceived, understood, and processed by machines. These advances are mainly due to the powerful learning ability of deep learning. Through pre-training of deep models on massive data, the models can capture the internal data patterns, thus helping many downstream tasks. With the industry and academia investing more and more energy in the research of pre-training technology, the distribution warehouses of pre-training models such as HuggingFace and Timm have emerged one after another. The open-source community release pre-training significant model dividends at an unprecedented speed. In recent years, the data form of machine modeling and understanding has gradually evolved from single-mode to multi-mode, and the semantic gap between different modes is being eliminated, making it possible to retrieve data across modes. Take CLIP, OpenAI’s open-source work, as an example, to pre-train the twin towers of images and texts on a dataset of 400 million pictures and texts and connect the semantics between pictures and texts. Many researchers in the academic world have been solving multimodal problems such as image generation and retrieval based on this technology. Although the frontier technology through the semantic gap between modal data, there is still a heavy and complicated model tuning, offline data processing, high performance online reasoning architecture design, heterogeneous computing, and online algorithm be born multiple processes and challenges, hindering the frontier multimodal retrieval technologies fall to the ground and pratt &whitney. DMetaSoul aims at the above technical pain points, abstracting and uniting many links such as model training optimization, online reasoning, and algorithm experiment, forming a set of solutions that can quickly apply offline pre-training model to online. This paper will introduce how to use the HuggingFace community pre-training model to conduct online reasoning and algorithm experiments based on MetaSpore technology ecology so that the benefits of the pre-training model can be fully released to the specific business or industry and small and medium-sized enterprises. And we will give the text search text and text search graph two multimodal retrieval demonstration examples for your reference. Multimodal semantic retrieval The sample architecture of multimodal retrieval is as follows: Our multimodal retrieval system supports both text search and text search application scenarios, including offline processing, model reasoning, online services, and other core modules: https://preview.redd.it/mdyyv1qmdz291.png?width=1834&format=png&auto=webp&s=e9e10710794c78c64cc05adb75db385aa53aba40 Offline processing, including offline data processing processes for different application scenarios of text search and text search, including model tuning, model export, data index database construction, data push, etc. Model inference. After the offline model training, we deployed our NLP and CV large models based on the MetaSpore Serving framework. MetaSpore Serving helps us conveniently perform online inference, elastic scheduling, load balancing, and resource scheduling in heterogeneous environments. Online services. Based on MetaSpore’s online algorithm application framework, MetaSpore has a complete set of reusable online search services, including Front-end retrieval UI, multimodal data preprocessing, vector recall and sorting algorithm, AB experimental framework, etc. MetaSpore also supports text search by text and image scene search by text and can be migrated to other application scenarios at a low cost. The HuggingFace open source community has provided several excellent baseline models for similar multimodal retrieval problems, which are often the starting point for actual optimization in the industry. MetaSpore also uses the pre-training model of the HuggingFace community in its online services of searching words by words and images by words. Searching words by words is based on the semantic similarity model of the question and answer field optimized by MetaSpore, and searching images by words is based on the community pre-training model. These community open source pre-training models are exported to the general ONNX format and loaded into MetaSpore Serving for online reasoning. The following sections will provide a detailed description of the model export and online retrieval algorithm services. The reasoning part of the model is standardized SAAS services with low coupling with the business. Interested readers can refer to my previous post: The design concept of MetaSpore, a new generation of the one-stop machine learning platform. 1.1 Offline Processing Offline processing mainly involves the export and loading of online models and index building and pushing of the document library. You can follow the step-by-step instructions below to complete the offline processing of text search and image search and see how the offline pre-training model achieves reasoning at MetaSpore. 1.1.1 Search text by text Traditional text retrieval systems are based on literal matching algorithms such as BM25. Due to users’ diverse query words, a semantic gap between query words and documents is often encountered. For example, users misspell “iPhone” as “Phone,” and search terms are incredibly long, such as “1 \~ 3 months old baby autumn small size bag pants”. Traditional text retrieval systems will use spelling correction, synonym expansion, search terms rewriting, and other means to alleviate the semantic gap but fundamentally fail to solve this problem. Only when the retrieval system fully understands users’ query terms and documents can it meet users’ retrieval demands at the semantic level. With the continuous progress of pre-training and representational learning technology, some commercial search engines continue to integrate semantic vector retrieval methods based on symbolic learning into the retrieval ecology. Semantic retrieval model This paper introduces a set of semantic vector retrieval applications. MetaSpore built a set of semantic retrieval systems based on encyclopedia question and answer data. MetaSpore adopted the Sentence-Bert model as the semantic vector representation model, which fine-tunes the twin tower BERT in supervised or unsupervised ways to make the model more suitable for retrieval tasks. The model structure is as follows: The query-Doc symmetric two-tower model is used in text search and question and answer retrieval. The vector representation of online Query and offline DOC share the same vector representation model, so it is necessary to ensure the consistency of the offline DOC library building model and online Query inference model. The case uses MetaSpore’s text representation model Sbert-Chinese-QMC-domain-V1, optimized in the open-source semantically similar data set. This model will express the question and answer data as a vector in offline database construction. The user query will be expressed as a vector by this model in online retrieval, ensuring that query-doc in the same semantic space, users’ semantic retrieval demands can be guaranteed by vector similarity metric calculation. Since the text presentation model does vector encoding for Query online, we need to export the model for use by the online service. Go to the q&A data library code directory and export the model concerning the documentation. In the script, Pytorch Tracing is used to export the model. The models are exported to the “./export “directory. The exported models are mainly ONNX models used for wired reasoning, Tokenizer, and related configuration files. The exported models are loaded into MetaSpore Serving by the online Serving system described below for model reasoning. Since the exported model will be copied to the cloud storage, you need to configure related variables in env.sh. \Build library based on text search \ The retrieval database is built on the million-level encyclopedia question and answer data set. According to the description document, you need to download the data and complete the database construction. The question and answer data will be coded as a vector by the offline model, and then the database construction data will be pushed to the service component. The whole process of database construction is described as follows: Preprocessing, converting the original data into a more general JSonline format for database construction; Build index, use the same model as online “sbert-Chinese-qmc-domain-v1” to index documents (one document object per line); Push inverted (vector) and forward (document field) data to each component server. The following is an example of the database data format. After offline database construction is completed, various data are pushed to corresponding service components, such as Milvus storing vector representation of documents and MongoDB storing summary information of documents. Online retrieval algorithm services will use these service components to obtain relevant data. 1.1.2 Search by text Text and images are easy for humans to relate semantically but difficult for machines. First of all, from the perspective of data form, the text is the discrete ID type of one-dimensional data based on words and words. At the same time, images are continuous two-dimensional or three-dimensional data. Secondly, the text is a subjective creation of human beings, and its expressive ability is vibrant, including various turning points, metaphors, and other expressions, while images are machine representations of the objective world. In short, bridging the semantic gap between text and image data is much more complex than searching text by text. The traditional text search image retrieval technology generally relies on the external text description data of the image or the nearest neighbor retrieval technology and carries out the retrieval through the image associated text, which in essence degrades the problem to text search. However, it will also face many issues, such as obtaining the associated text of pictures and whether the accuracy of text search by text is high enough. The depth model has gradually evolved from single-mode to multi-mode in recent years. Taking the open-source project of OpenAI, CLIP, as an example, train the model through the massive image and text data of the Internet and map the text and image data into the same semantic space, making it possible to implement the text and image search technology based on semantic vector. CLIP graphic model The text search pictures introduced in this paper are implemented based on semantic vector retrieval, and the CLIP pre-training model is used as the two-tower retrieval architecture. Because the CLIP model has trained the semantic alignment of the twin towers’ text and image side models on the massive graphic and text data, it is particularly suitable for the text search graph scene. Due to the different image and text data forms, the Query-Doc asymmetric twin towers model is used for text search image retrieval. The image-side model of the twin towers is used for offline database construction, and the text-side model is used for the online return. In the final online retrieval, the database data of the image side model will be searched after the text side model encodes Query, and the CLIP pre-training model guarantees the semantic correlation between images and texts. The model can draw the graphic pairs closer in vector space by pre-training on a large amount of visual data. Here we need to export the text-side model for online MetaSpore Serving inference. Since the retrieval scene is based on Chinese, the CLIP model supporting Chinese understanding is selected. The exported content includes the ONNX model used for online reasoning and Tokenizer, similar to the text search. MetaSpore Serving can load model reasoning through the exported content. Build library on Image search You need to download the Unsplash Lite library data and complete the construction according to the instructions. The whole process of database construction is described as follows: Preprocessing, specify the image directory, and then generate a more general JSOnline file for library construction; Build index, use OpenAI/Clip-Vit-BASE-Patch32 pre-training model to index the gallery, and output one document object for each line of index data; Push inverted (vector) and forward (document field) data to each component server. Like text search, after offline database construction, relevant data will be pushed to service components, called by online retrieval algorithm services to obtain relevant data. 1.2 Online Services The overall online service architecture diagram is as follows: &#x200B; https://preview.redd.it/nz8zrbbpdz291.png?width=1280&format=png&auto=webp&s=28dae7e031621bc8819519667ed03d8d085d8ace Multi-mode search online service system supports application scenarios such as text search and text search. The whole online service consists of the following parts: Query preprocessing service: encapsulate preprocessing logic (including text/image, etc.) of pre-training model, and provide services through gRPC interface; Retrieval algorithm service: the whole algorithm processing link includes AB experiment tangent flow configuration, MetaSpore Serving call, vector recall, sorting, document summary, etc.; User entry service: provides a Web UI interface for users to debug and track down problems in the retrieval service. From a user request perspective, these services form invocation dependencies from back to front, so to build up a multimodal sample, you need to run each service from front to back first. Before doing this, remember to export the offline model, put it online and build the library first. This article will introduce the various parts of the online service system and make the whole service system step by step according to the following guidance. See the ReadME at the end of this article for more details. 1.2.1 Query preprocessing service Deep learning models tend to be based on tensors, but NLP/CV models often have a preprocessing part that translates raw text and images into tensors that deep learning models can accept. For example, NLP class models often have a pre-tokenizer to transform text data of string type into discrete tensor data. CV class models also have similar processing logic to complete the cropping, scaling, transformation, and other processing of input images through preprocessing. On the one hand, considering that this part of preprocessing logic is decoupled from tensor reasoning of the depth model, on the other hand, the reason of the depth model has an independent technical system based on ONNX, so MetaSpore disassembled this part of preprocessing logic. NLP pretreatment Tokenizer has been integrated into the Query pretreatment service. MetaSpore dismantlement with a relatively general convention. Users only need to provide preprocessing logic files to realize the loading and prediction interface and export the necessary data and configuration files loaded into the preprocessing service. Subsequent CV preprocessing logic will also be integrated in this manner. The preprocessing service currently provides the gRPC interface invocation externally and is dependent on the Query preprocessing (QP) module in the retrieval algorithm service. After the user request reaches the retrieval algorithm service, it will be forwarded to the service to complete the data preprocessing and continue the subsequent processing. The ReadMe provides details on how the preprocessing service is started, how the preprocessing model exported offline to cloud storage enters the service, and how to debug the service. To further improve the efficiency and stability of model reasoning, MetaSpore Serving implements a Python preprocessing submodule. So MetaSpore can provide gRPC services through user-specified preprocessor.py, complete Tokenizer or CV-related preprocessing in NLP, and translate requests into a Tensor that deep models can handle. Finally, the model inference is carried out by MetaSpore, Serving subsequent sub-modules. Presented here on the lot code: https://github.com/meta-soul/MetaSpore/compare/add\python\preprocessor 1.2.2 Retrieval algorithm services Retrieval algorithm service is the core of the whole online service system, which is responsible for the triage of experiments, the assembly of algorithm chains such as preprocessing, recall, sorting, and the invocation of dependent component services. The whole retrieval algorithm service is developed based on the Java Spring framework and supports multi-mode retrieval scenarios of text search and text search graph. Due to good internal abstraction and modular design, it has high flexibility and can be migrated to similar application scenarios at a low cost. Here’s a quick guide to configuring the environment to set up the retrieval algorithm service. See ReadME for more details: Install dependent components. Use Maven to install the online-Serving component Search for service configurations. Copy the template configuration file and replace the MongoDB, Milvus, and other configurations based on the development/production environment. Install and configure Consul. Consul allows you to synchronize the search service configuration in real-time, including cutting the flow of experiments, recall parameters, and sorting parameters. The project’s configuration file shows the current configuration parameters of text search and text search. The parameter modelName in the stage of pretreatment and recall is the corresponding model exported in offline processing. Start the service. Once the above configuration is complete, the retrieval service can be started from the entry script. Once the service is started, you can test it! For example, for a user with userId=10 who wants to query “How to renew ID card,” access the text search service. 1.2.3 User Entry Service Considering that the retrieval algorithm service is in the form of the API interface, it is difficult to locate and trace the problem, especially for the text search image scene can intuitively display the retrieval results to facilitate the iterative optimization of the retrieval algorithm. This paper provides a lightweight Web UI interface for text search and image search, a search input box, and results in a display page for users. Developed by Flask, the service can be easily integrated with other retrieval applications. The service calls the retrieval algorithm service and displays the returned results on the page. It’s also easy to install and start the service. Once you’re done, go to http://127.0.0.1:8090 to see if the search UI service is working correctly. See the ReadME at the end of this article for details. Multimodal system demonstration The multimodal retrieval service can be started when offline processing and online service environment configuration have been completed following the above instructions. Examples of textual searches are shown below. Enter the entry of the text search map application, enter “cat” first, and you can see that the first three digits of the returned result are cats: https://preview.redd.it/d7syq47rdz291.png?width=1280&format=png&auto=webp&s=b43df9abd380b7d9a52e3045dd787f4feeb69635 If you add a color constraint to “cat” to retrieve “black cat,” you can see that it does return a black cat: &#x200B; https://preview.redd.it/aa7pxx8tdz291.png?width=1280&format=png&auto=webp&s=e3727c29d1bde6eea2e1cccf6c46d3cae3f4750e Further, strengthen the constraint on the search term, change it to “black cat on the bed,” and return results containing pictures of a black cat climbing on the bed: &#x200B; https://preview.redd.it/2mw4qpjudz291.png?width=1280&format=png&auto=webp&s=1cf1db667892b9b3a40451993680fbd6980b5520 The cat can still be found through the text search system after the color and scene modification in the above example. Conclusion The cutting-edge pre-training technology can bridge the semantic gap between different modes, and the HuggingFace community can greatly reduce the cost for developers to use the pre-training model. Combined with the technological ecology of MetaSpore online reasoning and online microservices provided by DMetaSpore, the pre-training model is no longer mere offline dabbling. Instead, it can truly achieve end-to-end implementation from cutting-edge technology to industrial scenarios, fully releasing the dividends of the pre-training large model. In the future, DMetaSoul will continue to improve and optimize the MetaSpore technology ecosystem: More automated and wider access to HuggingFace community ecology. MetaSpore will soon release a common model rollout mechanism to make HuggingFace ecologically accessible and will later integrate preprocessing services into online services. Multi-mode retrieval offline algorithm optimization. For multimodal retrieval scenarios, MetaSpore will continuously iteratively optimize offline algorithm components, including text recall/sort model, graphic recall/sort model, etc., to improve the accuracy and efficiency of the retrieval algorithm. For related code and reference documentation in this article, please visit: https://github.com/meta-soul/MetaSpore/tree/main/demo/multimodal/online Some images source: https://github.com/openai/CLIP/raw/main/CLIP.png https://www.sbert.net/examples/training/sts/README.html

6 principles to data architecture that facilitate innovation

My team and I have been re-building our company's data architecture. In the process of doing so, I got together six key principles to transforming data architectures and thought I would share them, as a strong data architecture is crucial for businesses looking to stay competitive in the digital landscape, as it improves decision-making, time to market, and data security. When executed with efficiency, a resilient data architecture unleashes unparalleled degrees of agility. Principle 1: Agility and flexibility To quickly adjust to market fluctuations, businesses must create adaptable data infrastructures that can effortlessly manage an ever-growing influx of data. To accomplish this objective, we recommend to our clients to implement Enterprise Service Bus, Enterprise Data Warehouse, and Master Data Management integrated together. &#x200B; I believe the best option is this: \- By centralizing communication, ESB reduces the time and effort required to integrate new systems; \- EDW consolidates data from different sources, resulting in a 50% reduction in software implementation time; \- Finally, MDM ensures consistency and accuracy across the organization, leading to better decision-making and streamlined operations. Implementing these solutions can lead to reduced software implementation time, better ROI, and more manageable data architecture. By fostering a culture of collaboration and adopting modern technologies and practices, businesses can prioritize agility and flexibility in their data architecture to increase the pace of innovation. Principle 2: Modularity and reusability Data architecture that fosters modularity and reusability is essential for accelerating innovation within an organization. By breaking data architecture components into smaller, more manageable pieces, businesses can enable different teams to leverage existing architecture components, reducing redundancy and improving overall efficiency. MDM can promote modularity and reusability by creating a central repository for critical business data. This prevents duplication and errors, improving efficiency and decision-making. MDM enables a single source of truth for data, accessible across multiple systems, which promotes integration and scalability. MDM also provides standardized data models, rules, and governance policies that reduce development time, increase quality, and ensure proper management throughout the data’s lifecycle. Another way to achieve modularity in data architecture is through the use of microservices and scripts for Extract, Transform, and Load (ETL) processes. Adopting a structured methodology and framework can ensure these components are well-organized, making it easier for teams to collaborate and maintain the system. Microservices can also contribute to modularity and reusability in data architecture. These small, independent components can be developed, deployed, and scaled independently of one another. By utilizing microservices, organizations can update or replace individual components without affecting the entire system, improving flexibility and adaptability. Principle 3: Data quality and consistency The efficiency of operations depends on data’s quality, so a meticulously crafted data architecture plays a pivotal role in preserving it, empowering enterprises to make well-informed decisions based on credible information. Here are some key factors to consider that will help your company ensure quality: \- Implementing Master Data Management (MDM) – this way, by consolidating, cleansing, and standardizing data from multiple sources, your IT department will be able to create a single, unified view of the most important data entities (customers, products, and suppliers); \- Assigning data stewardship responsibilities to a small team or an individual specialist; \- Considering implementing data validation, data lineage, and data quality metrics; \- By implementing MDM and adopting a minimal data stewardship approach, organizations can maintain high-quality data that drives innovation and growth. Principle 4: Data governance Data governance is a strategic framework that goes beyond ensuring data quality and consistency. It includes ensuring data security, privacy, accessibility, regulatory compliance, and lifecycle management. Here are some key aspects of data governance: \- Implementing robust measures and controls to protect sensitive data from unauthorized access, breaches, and theft. This is only possible through including encryption, access controls, and intrusion detection systems into your company’s IT architecture; \- Adhering to data privacy regulations and guidelines, such as the General Data Protection Regulation (GDPR) and the California Consumer Privacy Act (CCPA); \- Defining stringent conditions for who has access to specific data assets to maintain control over data and ensure its accessibility only for legitimate purposes. Managing the entire lifecycle of data, from creation and storage to archiving and disposal, including defining policies for data retention, archiving, and deletion in compliance with legal and regulatory requirements. To facilitate effective data governance, organizations can leverage various tools and technologies, such as: \- Data cataloging tools: Solutions like Collibra, Alation, or Informatica Enterprise Data Catalog help organizations discover, understand, and manage their data assets. \- Data lineage tools: Tools like Talend, IBM InfoSphere, or Apache Atlas help track data’s origin, transformation, and usage, providing insights into data quality issues and potential areas for improvement. \- Data quality tools: Solutions like Informatica Data Quality, Trifacta, or SAS Data Quality help organizations maintain high-quality data by identifying and correcting errors, inconsistencies, and inaccuracies. \- Data security and privacy tools: Tools like Varonis, BigID, or Spirion help protect sensitive data and ensure compliance with data privacy regulations. Principle 5: Cloud-first approach A cloud-first approach prioritizes cloud-based solutions over on-premises ones when it comes to data management. Cloud-based data management pros: \- Virtually limitless scalability, so that organizations can grow and adapt to changing data requirements without significant infrastructure investments; \- The pay-as-you-go model of cloud services reduces maintenance costs usually associated with the on-premise choice; \- Greater flexibility for deploying and integrating new technologies and services; \- Cloud can be accessed from anywhere, at any time, turning team collaboration and remote work into a breeze; \- Built-in backup and disaster recovery capabilities, ensuring data safety and minimizing downtime in case of emergencies. Cloud-based data management cons: \- Cloud-first approach raises many data security, privacy, and compliance concerns; \- Transferring large data volumes to and from cloud is often time-consuming and results in increased latency for certain apps; \- Relying on a single cloud provider makes it difficult to switch them or move back to the on-premises option without significant funds and effort. Challenges that organizations that choose a cloud-first approach face: \- Integrating cloud-based systems with on-premises ones can be complex and time-consuming; \- Ensuring data governance and compliance in a multi-cloud or hybrid environment is also another problem reported by my clients. How EDW, ESB, and MDM promote cloud-first approach: A cloud-based EDW centralizes data from multiple sources, enabling a unified view of the organization’s data and simplifying data integration across cloud and on-premises systems. An ESB facilitates communication between disparate cloud and on-premises systems, streamlining data integration and promoting a modular architecture. Cloud-based MDM solutions are used for maintaining data quality and consistency across multiple data sources and environments. Principle 6: Automation and artificial intelligence Incorporating automation tools and AI technologies into data architecture can optimize processes and decision-making. Key Applications: \- Data ingestion and integration: Automation simplifies data schema updates and identifies data quality issues, while AI-assisted development helps create tailored connectors, scripts, and microservices. \- Data quality management: Machine learning algorithms improve data quality and consistency by automatically detecting and correcting inconsistencies and duplicates. \- Predictive analytics: AI and machine learning models analyze historical data to predict trends, identify opportunities, and uncover hidden patterns for better-informed decisions. How No-Code Tools and AI-Assisted Development Work: Business users define data requirements and workflows using no-code tools, enabling AI models to understand their needs. AI models process the information, generating recommendations for connector creation, ETL scripts, and microservices. Developers use AI-generated suggestions to accelerate development and tailor solutions to business needs. By combining automation, AI technologies, and no-code tools, organizations can streamline data architecture processes and bridge the gap between business users and developers, ultimately accelerating innovation. I share more tips on building an agile data architectures in my blog.

Training a custom AI model specifically for logistics documents

In today's fast-paced business landscape, efficient supply chain management is crucial for success. One often overlooked aspect is document processing, which plays a vital role in ensuring seamless operations. 📦🌐 This article provides a step-by-step tutorial on training a custom AI model specifically for logistics documents. It explains the process of creating a custom training dataset, training the model, and integrating it into workflows without any coding expertise required. 🎓📊 🎯 The tutorial also introduces the UBIAI Text Annotation Tool, which simplifies the labeling and training process. It also highlights the AI Builder tool for deploying the trained model into production and includes examples of bill of lading and logistic invoices, demonstrating the effectiveness of the custom AI model. 🛠️💻 🔍 If you're interested in automating data extraction from logistics documents and want to learn more, you can find the full article here: [https://ubiai.tools/intelligent-document-extraction-for-logistics-and-supply-chain/ ] #SupplyChainManagement #DocumentProcessing #LogisticsTech #AIinLogistics #Automation #Efficiency #WorkflowIntegration #UBIAITextAnnotationTool #AIBuilder #DataExtraction #DigitalTransformation #SeamlessOperations #BusinessProductivity #TechTutorial #LogisticsIndustry #SupplyChainOptimization #Innovation #RedditorsUnite

Here is an interesting article on the potential future risks of AI to humanity.

"There is a tremendous amount of enthusiasm in the media surrounding the topic of AI, and for good reason.  This exciting new technology has the potential to automate almost every boring, repetitive task in our lives.  It also offers exciting new opportunities to tap into new businesses, solve difficult problems with ease, and even offer new outlets for creative expression. What often does not get equal play in these discussions are the potential dangers of AI to humanity associated with this new technology.  Every new technology comes with risks that must be addressed, and it often takes a meltdown before safety concerns are taken seriously.  Often, those raising concerns are labeled as “chicken little” or a Johnny Raincloud spreading fud and dismissed or ignored.  This is common when the potential of the opportunities is so exciting. As I always say, emotion clouds the mind, and when optimism and enthusiasm run high, if we are honest, we often find a way to bring ourselves to believe what we want to believe.  All errors have consequences, for example, the risks associated with falling for a get-rich-quick scam may have consequences for an individual. However, consequences increase with the number of people that a mistake affects. With more powerful technology comes more power for good, but also a greater potential for great harm. In this article, I will attempt to balance out some of the enthusiasm and excitement with a healthy amount of caution.  I hope that the public will not just be swept away by the excitement of another new technology.  Rather, I hope that the public will demand responsibility, accountability, and regulation of this technology, before any AI version of Chornobyl, or worse, consigning the planet to a hellish dystopian hellscape reminiscent of post-apocalyptic sci-fi movies." https://ai-solutions.pro/dangers-and-risks-of-ai-to-humanity/

Let’s Build One Person Business Using 100% AI

AI made it possible for 9-to-5 workers to start a one-person business without quitting their jobs. Full Article https://preview.redd.it/tynb9y6z695d1.png?width=1309&format=png&auto=webp&s=b490d3676a63adcc01faff8c476056cb7d420022 https://i.redd.it/9x3okti0795d1.gif The Opportunities for Starting a Business ○ There are huge opportunities to start your own business by leveraging valuable skills to attract paying audiences. ○ New software and AI platforms make it easier to distribute products/services and automate tasks that were previously time-consuming. Our One Person Book Publication House ○ This article explores building a one-person AI-powered business focused on publishing books. ○ Users input data on a topic, and AI generates a comprehensive book structure and content based on that. ○ The generated content can be formatted, designed, and published digitally or in print easily. Why Read This Article? ○ It presents an innovative AI-powered approach to streamline the book publishing process. ○ It provides technical implementation details using LLM, Python and the Streamlit library as a reference. ○ It highlights AI's potential in automating creative tasks like writing and content creation. Approaching the One Person Business ○ Reflect on areas where you overcame personal struggles and gained valuable skills. ○ Leverage that expertise to build an AI business serving others facing similar obstacles. ○ Use AI tools to create content, automate processes, and efficiently scale your offerings. The Publication Business Idea ○ Focus on writing and publishing small books using AI writing assistants. ○ AI can streamline research, writing drafts, outlines, and ideas across genres. ○ Concentrate efforts on editing, formatting, and marketing while AI handles writing. The Book Generation Process ○ Users input structured topic data like outlines, key points, and references. ○ Advanced AI language models generate flowing book content from that data. ○ Minimal human effort is needed beyond initial inputs and refinement. ○ AI systems automatically handle formatting, design, and publishing. Technical Implementation ○ Includes a Book class to represent a book's hierarchical structure in Python. ○ Functions to generate book structures and section content using AI models. ○ Integrates with a Streamlit app for user input and output. ○ Allows downloading the final book in Markdown format. Closing Thoughts ○ This AI-powered approach makes book writing and publishing more accessible to individuals. ○ AI handles the heavy lifting, with humans providing quality control through editing. ○ It opens up possibilities for innovative knowledge sharing as technology evolves.

How I Built A Simple ‘BPO’ Company, All AI Employees (All Local)

Disrupting the BPO Industry: My Journey Building a Fully Automated Company with AI Employees Full Article : https://medium.com/@learn-simplified/how-i-built-a-simple-bpo-company-all-ai-employees-all-local-631e48fa908a &#x200B; https://preview.redd.it/htjo1mancl2d1.png?width=1586&format=png&auto=webp&s=7e77f4c66e5ca55a8b0ea6969c43a458503ad921 ● What Are We Doing Today? We are building a BPO (Business Process Outsourcing) call center for an imaginary electric company called "Aniket Very General Electric Company". We will create different departments staffed by AI agents who can chat (and eventually speak in next part) with customers to answer questions, handle complaints, or provide services. ● Why Should You Read This Article? Learning how to build AI agents that can do tasks in real setting, co ordinate w/ human, AI, providing technical support will be a highly valuable skill. ● How Are We Going to Build Our All AI Employees Company? ○ We will explain what BPO and call centers are. ○ Our AI company will have departments like Customer Service, Tech Support, Billing & Payments, Outage Management, and Onboarding Customers. ○ We will use Docker containers to run the Dify AI platform as the base. ○ The AI agents will use the LLaMA-3 language model from Meta AI. ○ We may use Groq's AI accelerator chip to make LLaMA-3 faster. ○ Each department will have a knowledge base of text files that the AI agents can reference. ● Let's Get Cooking! This section provides setup instructions for installing Docker, Ollama (for running LLaMA-3), and the Dify AI platform. It also outlines the different AI agents we will create for departments like Reception, Customer Service, Billing, Tech Support, etc. ● Let's Design our Organization ○ We explain how each department's AI agents will have their own knowledge base, like an employee handbook. ○ The knowledge bases will contain policies, procedures, and other key information. ○ The AI agents can quickly reference this information to provide accurate and knowledgeable responses. ● Let's Meet Our AI Employees ○ We chose the LLaMA-3 70B model as the base for all AI agents across departments. ○ We give the AI agents customized prompts to define their personalities and roles. ○ The knowledge bases act as training materials tailored to each department. ○ In the future, AI agents could have additional tools like ticket systems and integrations. ● Let's Run Our BPO Organization Now that the AI workforce and knowledge bases are ready, we can open our BPO company and have the AI agents start handling customer inquiries across different departments like billing, tech support, outages, and new connections. ● Debugging This section highlights the importance of debugging, showing traces of how the language model understands customer queries and retrieves relevant context from knowledge bases to provide good responses. ● Future Work ○ Scale up to handle more customers using cloud services or distributed computing. ○ Move AI agents and knowledge bases to the cloud for accessibility and maintenance. ○ Fine-tune language models for better performance in each department. ○ Use scalable vector databases for faster knowledge retrieval. ○ Enable voice interfaces and computer vision for more natural interactions. ○ Implement continuous learning so AI agents can expand their knowledge over time. The article demonstrates the potential of building an actual AI-powered company and raises thought-provoking questions about the role of humans, ethics, and using AI to create a better world. &#x200B;

Seeking Guidance to Transition from SRE to Quant Developer/HFT

Hey Reddit! Let me introduce myself: I’m a 2024 B.Tech (IT) graduate from a state-level college in India. Currently, I’m working as an SRE (Site Reliability Engineer) at one of the world’s largest custodian banks (not naming the company). I’ve been with the organization for about a year now, combining my internship and full-time role. During this time, I’ve developed a strong foundation in AI/ML and have primarily been working on projects to automate BAU (Business-As-Usual) activities using these technologies. Outside of work, I have a deep interest in trading and stock markets—something that runs in the family, as my father has been trading for over 40 years. My ultimate goal is to transition into the field of quantitative development or high-frequency trading (HFT) and work for top-tier firms like HRT, Optiver, or Tower Research. To make this dream a reality, I’ve started preparing in the following ways: Learning the basics of stock markets and financial instruments. Studying statistics and experimenting with different algorithms to analyze stocks (mainly on a fundamental level for now). Getting back to practicing DSA (Data Structures and Algorithms). I’ll admit I’m rusty here since I haven’t been consistent with it for a while. I’m aware that transitioning from SRE to Quant Developer/HFT is ambitious and might seem like a pipe dream, but it’s a challenge I’m willing to take on. I’d love to hear from people in the quant field or those who’ve made similar career transitions. What should I focus on? Any recommended resources, books, or courses? Are there any specific skill sets or certifications that could make me stand out? Any guidance, advice, or encouragement would mean a lot. Thank you!

Let’s Build One Person Business Using 100% AI

AI made it possible for 9-to-5 workers to start a one-person business without quitting their jobs. Full Article https://preview.redd.it/tynb9y6z695d1.png?width=1309&format=png&auto=webp&s=b490d3676a63adcc01faff8c476056cb7d420022 https://i.redd.it/9x3okti0795d1.gif The Opportunities for Starting a Business ○ There are huge opportunities to start your own business by leveraging valuable skills to attract paying audiences. ○ New software and AI platforms make it easier to distribute products/services and automate tasks that were previously time-consuming. Our One Person Book Publication House ○ This article explores building a one-person AI-powered business focused on publishing books. ○ Users input data on a topic, and AI generates a comprehensive book structure and content based on that. ○ The generated content can be formatted, designed, and published digitally or in print easily. Why Read This Article? ○ It presents an innovative AI-powered approach to streamline the book publishing process. ○ It provides technical implementation details using LLM, Python and the Streamlit library as a reference. ○ It highlights AI's potential in automating creative tasks like writing and content creation. Approaching the One Person Business ○ Reflect on areas where you overcame personal struggles and gained valuable skills. ○ Leverage that expertise to build an AI business serving others facing similar obstacles. ○ Use AI tools to create content, automate processes, and efficiently scale your offerings. The Publication Business Idea ○ Focus on writing and publishing small books using AI writing assistants. ○ AI can streamline research, writing drafts, outlines, and ideas across genres. ○ Concentrate efforts on editing, formatting, and marketing while AI handles writing. The Book Generation Process ○ Users input structured topic data like outlines, key points, and references. ○ Advanced AI language models generate flowing book content from that data. ○ Minimal human effort is needed beyond initial inputs and refinement. ○ AI systems automatically handle formatting, design, and publishing. Technical Implementation ○ Includes a Book class to represent a book's hierarchical structure in Python. ○ Functions to generate book structures and section content using AI models. ○ Integrates with a Streamlit app for user input and output. ○ Allows downloading the final book in Markdown format. Closing Thoughts ○ This AI-powered approach makes book writing and publishing more accessible to individuals. ○ AI handles the heavy lifting, with humans providing quality control through editing. ○ It opens up possibilities for innovative knowledge sharing as technology evolves.

Randomly asked ChatGPT and Claude for a 4 year roadmap for an ML Engineer

Title, Is it actually a good plan ?? If no, why not ?? \\🚀 4-Year Roadmap to Becoming a High-Earning ML Engineer & Entrepreneur\\ \\(With Smartwork & Realistic 60-70% Execution Feasibility)\\ \\🟢 Year 1: Strong Foundation & Initial Projects (0-12 Months)\\ 🎯 \\Goal: Master Python & ML Fundamentals\\ \\🔹 1-4 Months (Python & Math Strengthening)\\ ✅ Python Mastery \- Daily LeetCode Easy problems (minimum 2) \- Build automation projects \- NumPy & Pandas mastery \- DSA fundamentals ✅ Mathematics Foundation \- Linear Algebra basics \- Statistics fundamentals \- Basic calculus concepts ✅ First Mini-Hackathon Participation \- Join beginner-friendly hackathons \- Focus on Python-based challenges \- Team up with other beginners 💡 \\Smart Move:\\ \- Join Discord/Slack hackathon communities \- Practice collaborative coding \- Build network with fellow participants \\🔹 5-8 Months (ML Foundations)\\ ✅ Machine Learning Basics \- Supervised Learning \- Model evaluation \- Feature engineering \- scikit-learn projects ✅ Participate in 2-3 ML Hackathons \- Kaggle Getting Started competitions \- Local ML hackathons \- University hackathons ✅ Start LinkedIn & GitHub Portfolio 💡 \\Smart Move:\\ \- Document hackathon experiences \- Share learnings on LinkedIn \- Focus on completion over winning \\🔹 9-12 Months (Deep Learning Introduction)\\ ✅ Basic Deep Learning \- Neural network fundamentals \- PyTorch basics \- Computer vision tasks \- Basic NLP ✅ Advanced Hackathon Participation \- AI/ML specific hackathons \- Team lead in 1-2 hackathons \- Start mentoring beginners \\🔵 Year 1 Expected Outcome (60-70% Execution)\\ ✔ \\Strong Python & ML foundations\\ ✔ \\5-6 hackathon participations\\ ✔ \\Active GitHub (100+ commits)\\ ✔ \\Growing LinkedIn (300+ connections)\\ 💰 \\Earning Expectation → ₹8K-₹20K per month (Projects/Internship)\\ \\🟢 Year 2: Professional Growth & Specialization (12-24 Months)\\ 🎯 \\Goal: Build Professional Experience & Recognition\\ \\🔹 1-6 Months (Technical Depth)\\ ✅ Advanced ML Topics \- Deep Learning architectures \- Computer Vision OR NLP \- MLOps basics (Docker, FastAPI) \- Cloud fundamentals (AWS/GCP) ✅ Hackathon Achievements \- Win minor prizes in 2-3 hackathons \- Lead teams in major hackathons \- Network with sponsors ✅ Start Technical Blogging 💡 \\Smart Move:\\ \- Focus on hackathon projects that align with career goals \- Build relationships with companies at hackathons \- Create detailed project documentation \\🔹 7-12 Months (Professional Experience)\\ ✅ Secure ML Role/Internship ✅ Advanced Project Building ✅ Open Source Contributions ✅ Organize Small Hackathons 💡 \\Smart Move:\\ \- Use hackathon network for job referrals \- Convert hackathon projects into full products \- Build mentor reputation \\🔵 Year 2 Expected Outcome (60-70% Execution)\\ ✔ \\Professional ML experience\\ ✔ \\10+ hackathon participations\\ ✔ \\1-2 hackathon wins\\ ✔ \\Strong industry network\\ 💰 \\Earning Expectation → ₹40K-₹70K per month (Job/Freelancing)\\ \\🟢 Year 3: Scaling & Business Foundation (24-36 Months)\\ 🎯 \\Goal: Establish Multiple Income Streams\\ \\🔹 1-4 Months (Expertise Building)\\ ✅ Choose Specialization \- MLOps \- Computer Vision \- NLP/LLMs \- Generative AI ✅ Advanced Competitions \- International hackathons \- High-prize competitions \- Corporate ML challenges ✅ Start Consulting Services 💡 \\Smart Move:\\ \- Use hackathon wins for marketing \- Build service packages around expertise \- Network with corporate sponsors \\🔹 5-8 Months (Business Development)\\ ✅ Scale Services ✅ Build Client Network ✅ Create Training Programs ✅ Hackathon Mentorship Program 💡 \\Smart Move:\\ \- Convert hackathon projects to products \- Use event networks for client acquisition \- Build authority through speaking \\🔹 9-12 Months (Growth & Innovation)\\ ✅ Product Development ✅ Team Building ✅ Innovation Focus ✅ Hackathon Organization \\🔵 Year 3 Expected Outcome (60-70% Execution)\\ ✔ \\Established ML business/career\\ ✔ \\Known in hackathon community\\ ✔ \\Multiple income streams\\ ✔ \\Strong industry presence\\ 💰 \\Earning Expectation → ₹1L-₹2L per month (Multiple Streams)\\ \\🟢 Year 4: Scale & Leadership (36-48 Months)\\ 🎯 \\Goal: Build AI Company & Achieve Financial Freedom\\ \\🔹 1-4 Months (Business Scaling)\\ ✅ Company Formation \- AI consulting firm \- Product development \- Training programs ✅ Hackathon Innovation \- Launch own hackathon series \- Corporate partnerships \- Prize sponsorships ✅ Team Expansion 💡 \\Smart Move:\\ \- Use hackathon network for hiring \- Create unique event formats \- Build corporate relationships \\🔹 5-8 Months (Market Leadership)\\ ✅ Product Launch ✅ Service Expansion ✅ International Presence ✅ Innovation Hub Creation 💡 \\Smart Move:\\ \- Create hackathon-to-hiring pipeline \- Build educational programs \- Establish thought leadership \\🔹 9-12 Months (Empire Building)\\ ✅ Multiple Revenue Streams \- AI products \- Consulting services \- Educational programs \- Event organization \- Investment returns ✅ Industry Leadership \- Conference speaking \- Published content \- Community leadership \\🔵 Year 4 Expected Outcome (60-70% Execution)\\ ✔ \\Established AI company\\ ✔ \\Major hackathon organizer\\ ✔ \\Multiple product lines\\ ✔ \\Industry authority status\\ 💰 \\Earning Expectation → ₹3L-₹5L+ per month (Business Income)\\ \\📊 FINAL RATING\\ ✅ \\Comprehensive growth plan\\ ✅ \\Strong community focus\\ ✅ \\Multiple income pathways\\ 💡 \\If 100% Execution → 8.5/10 Feasibility\\ 💡 \\If 50% Execution → 6/10 Feasibility\\ 🔥 \\Conclusion: A balanced path to ML mastery and entrepreneurship, built through consistent growth and community engagement!\\ 🚀 \\Key Success Factors:\\ Regular hackathon participation Strong community involvement Consistent skill development Strategic network building Focus on both technical and business growth

Best way to pivot into AI/ML as a non-dev engineer?

I’m a biomedical engineer with a Masters, working in the Medical device industry for over a decade now. I have an interest in learning AI/ML to pivot my career. I know some basic python but I’m not a developer by any means. Most of my career is in the product/design quality engineering and regulatory compliance side of the business. Currently my role is in Failure Analysis for software medical devices. I’ve considered taking the Google Cloud ML Engineer related courses to get the certification, but I’m not sure if it will actually help pivot me into this field. Perhaps my focus should be more on the MLOps side of things as it may be an easier leap? I want to make a jump due a higher salary ceiling for AI/ML roles and I also have a genuine interest in automation. Overall just a bit confused and wanted to know what are the best options to pursue, and path to follow. Any guidance from folks who pivoted from other non-dev engineering would be super helpful. Thanks!

Best way to pivot into AI/ML as a non-dev engineer?

I’m a biomedical engineer with a Masters, working in the Medical device industry for over a decade now. I have an interest in learning AI/ML to pivot my career. I know some basic python but I’m not a developer by any means. Most of my career is in the product/design quality engineering and regulatory compliance side of the business. Currently my role is in Failure Analysis for software medical devices. I’ve considered taking the Google Cloud ML Engineer related courses to get the certification, but I’m not sure if it will actually help pivot me into this field. Perhaps my focus should be more on the MLOps side of things as it may be an easier leap? I want to make a jump due a higher salary ceiling for AI/ML roles and I also have a genuine interest in automation. Overall just a bit confused and wanted to know what are the best options to pursue, and path to follow. Any guidance from folks who pivoted from other non-dev engineering would be super helpful. Thanks!

Is this a good ML learning progression on Coursera?

AI for Everyone Python for Everybody (UMich) Applied Data Science with Python Specialization (UMich) Machine Learning (Andrew Ng) Data Engineering, Big Data, and ML on GCP Specialization Natural Language Processing Specialization TensorFlow Developer Professional Certificate Machine Learning Engineering for Production (MLOps) by DeepLearning.AI Deep Learning Specialization Mathematics for Machine Learning Specialization Cloud Computing Specialization Product Management for AI and ML Products Specialization I’m currently a highschool junior with currently minimal Python knowledge (currently in BC Calc so I do have somewhat of a math background). However, I do own and run a business and in my business space there’s a huge issue I want to solve that affects pretty much every business. But right now obviously I can’t because I don’t have the necessary knowledge. I do intend to turn this into a startup and pursue AI/ML in college. And I aim to at least start building MVP for startup around June-Sept this year. If startup is not successful then I would still want to be an AI engineer. But is this a good learning progression that I should be able to complete before I start college?

MarkDrop

I’m excited to share my Python package, Markdrop, which has hit 5.01k+ downloads in just a month, so updated it just now! 🚀 It’s a powerful tool for converting PDF documents into structured formats like Markdown (.md) and HTML (.html) while automatically processing images and tables into descriptions for downstream use. Here's what Markdrop does: Key Features: PDF to Markdown/HTML Conversion: Converts PDFs into clean, structured Markdown files (.md) or HTML outputs, preserving the content layout. AI-Powered Descriptions: Replaces tables and images with descriptive summaries generated by LLM, making the content fully textual and easy to analyze. Earlier I added support of 6 different LLM Clients, but to improve the inference time, now this supports only GEMINI\API\KEY and OPENAI\API\KEY. Downloadable Tables: Can add accurate download buttons in HTML for tables, allowing users to download them as Excel files. Seamless Table and Image Handling: Extracts tables and images, generating detailed summaries for each, which are then embedded into the final Markdown document. At the end, one can have a .md file that contains only textual data, including the AI-generated summaries of tables, images, graphs, etc. This results in a highly portable format that can be used directly for several downstream tasks, such as: Can be directly integrated into a RAG pipeline for enhanced content understanding and querying on documents containg useful images and tabular data. Ideal for automated content summarization and report generation. Facilitates extracting key data points from tables and images for further analysis. The .md files can serve as input for machine learning tasks or data-driven projects. Ideal for data extraction, simplifying the task of gathering key data from tables and images. The downloadable table feature is perfect for analysts, reducing the manual task of copying tables into Excel. Markdrop streamlines workflows for document processing, saving time and enhancing productivity. You can easily install it via: pip install markdrop There’s also a Colab demo available to try it out directly: Open in Colab. Github Repo If you've used Markdrop or plan to, I’d love to hear your feedback! Share your experience, any improvements, or how it helped in your workflow. Check it out on PyPI and let me know your thoughts!

MS in Computer Science student (non-tech bachelor) applying for first Machine Learning intern/coop

Hi, I am an international student in the U.S applying for my first co-op for a Machine Learning/AI role, would love to get some advice on my current resume, thanks. I am currently in my second last semester of my 2 year's masters program in CS. I had no tech background before this program and was working in higher education administration. I have applied to about 50 positions so far on LinkedIn and HandShake and have had no responses but a few rejection emails. If you are a Machine learning professional, please help if I could improve my current project sections, I have two projects I am working on and hoping to swap them in after I finish them by the end of this semester: (1)Adaptive Learning curriculum for Spanish Language Learning (Duolingo-Inspired), which tailors lessons based on user's daily interactions (e.g., bar conversations, gym interactions). (2) DEI analytics and how they impact student performances and career outcome in Higher Ed. My interests lies in using ML in EdTech and Higher Education. But before finishing them, are my current projects passable? Also any suggestion to enhance my work experience section since they are not tech-related? Thanks! https://preview.redd.it/ww7smowjazne1.png?width=5100&format=png&auto=webp&s=289cde9aee45b2066dcfbb375fc318e7a3c5f5d7

I created leadsnavi that helps small businesses find quality leads without breaking the bank

Hey Redditors, I’m excited to share LeadsNavi, a tool I built specifically to help small businesses and B2B professionals automatically generate leads and reach potential customers in a smarter way. After talking to a lot of small business owners, I realized how tough it is to juggle lead generation with limited resources. So, I decided to create a tool that could simplify the process and make it more accessible to those who don’t have the budget to invest in expensive solutions. What Exactly Is LeadsNavi? LeadsNavi is an intuitive, cost-effective platform that automates the process of lead generation. It's designed to make it easy for small businesses and entrepreneurs to identify quality leads and grow their customer base without the need for manual prospecting. Here’s what makes it stand out: Automatic Lead Tracking: Tracks visitors to your website and matches them with company data, so you get real insights into who’s interested in your business. AI-Powered Lead Recommendations: Based on your website’s traffic, LeadsNavi uses AI to suggest similar companies that could be interested in your product or service, helping you find new leads faster and more accurately. Affordable & Scalable: For only $49/month, you can use a highly effective tool that scales with your business. It’s designed to be affordable even for small businesses. CRM Integration: Connect your CRM to directly import leads and sync your outreach efforts. How Does It Work? LeadsNavi uses advanced algorithms to track website visitors' IP addresses and match them with a comprehensive business database. It provides details like company names, contact information, and helps you identify potential leads for follow-up. The best part? It works automatically, saving you hours of manual work and effort. Lead Identification: Get insights into which companies are visiting your website. AI-Driven Lead Recommendations: The AI analyzes your site’s traffic and suggests other companies in the same industry or with similar needs that might be a great fit for your product or service. Data-Enriched Leads: Gather real-time, actionable data on these leads to make your outreach more targeted. Easy Setup: Simply integrate with your website and CRM to start getting quality leads in minutes. Who’s It For? Small Businesses: You don’t have to be a marketing expert to generate quality leads. B2B Sales Teams: Perfect for anyone looking to target other businesses with a streamlined and automated approach. Entrepreneurs & Startups: Focus on scaling your business without worrying about lead generation overhead. Why Try It? LeadsNavi gives you the power to focus on what really matters—connecting with potential customers and scaling your business. If you’ve been struggling with finding quality leads, or if you’re just getting started, I believe LeadsNavi can help you save time, effort, and money. I’m offering a 14-day free trial, so you can see the tool in action before committing to anything. Give it a try and let me know what you think! I’d love to hear your thoughts, suggestions, and how it works for your business. https://preview.redd.it/fdwil4rssgle1.png?width=1867&format=png&auto=webp&s=eb73b41a2b7665ae1b651fe2a6b7459df6990530

How I got 1000 users on day one.

This might sound like a small number, depending on who you ask, but you know it’s a start. I’ll just share my learnings so far. Introduction: The product is simple: you type what you want to build, like, let's say, a SaaS idea, and it generates the code using a framework of your choice (like NextJS). Currently, it only generates front-end code. The marketing strategy was mainly focused on social media. My social media stats are as follows: I have a whopping 14 followers on Twitter, and 10 of them are bot accounts, and on LinkedIn, it’s about 400 or so. Launching on LinkedIn: LinkedIn is unique in two different ways: The algorithm is friendly to the little guy. Your network (the people) aren’t always friendly to the little guy. Let me elaborate. This is something I learned today, actually. When I posted for the first time and asked about three of my friends to repost it, within the first hour there were about 200 views, and the click-through rate was around 40%. This was really good, given that it was in the morning. I don’t know the exact factors, but I did have a video in my post, and those three reposts probably amplified it. However, people don’t seem to like or comment on it as much as you would think. Most of my connections are CS students because I am a recent grad, so it seems like most people can relate to this product, but none of them would even put a comment or a like. At the same time, I see people liking posts from big brands like OpenAI, Microsoft, etc. I am really confused, to be honest. However, throughout the day, the view count was going up, and people were coming. Launching on Twitter: Twitter didn’t really work for me at all. I think you need a decent audience. But there are tweets like “What startup are you working on?” type questions, and from that, I find you get a couple of views on your profile. Even though Twitter didn’t really help with the views, one guy tweeted, “Keep posting on Twitter and one day this might become something like Notion.” That really made my day, to be honest. Launching on Discord: This worked really well, to be honest, especially given that I was in a lot of Discord servers where there are software devs. If you use the right language that resonates with them, it’s a home run. Not much to say, but don’t use marketing lingo; people don’t like it there. Instagram and TikTok didn’t really work. Mainly, I think my video didn’t really resonate much. Finally, Facebook Launch: The Facebook reels didn’t really do the trick. Then I posted in a bunch of groups, and still, it didn’t really do anything. But then I sent cold DMs on Facebook, and that had a pretty high open rate because I sent them to people who I saw commented on posts related to what my product was solving. Obviously, after a while, Facebook blocks the ability to send DMs. That’s all for now. Thanks I’ll post my promo video in the comment section just so that you know the video and why it might have resonated with some platforms. Also this is the first time I made a video and I’m actually proud of making that more than the product itself. To summarize, for this idea LinkedIn worked really well, because of the algorithm not the ppl commenting and liking which is what I thought should be the way. Followed by Discord groups and Facebook DMs. The video I made seemed to resonate really well with the LinkedIn audience (the engagement was around 60%) despite falling in TikTok and other video sharing platforms.

How me and my team made 15+ apps and not made a single sale in 2023

Hey, my name is Michael, I am in Auckland NZ. This year was the official beginning of my adult life. I graduated from university and started a full-time job. I’ve also really dug into indiehacking/bootstrapping and started 15 projects (and it will be at least 17 before the year ends). I think I’ve learned a lot but I consciously repeated mistakes. Upto (Nov) Discord Statuses + Your Location + Facebook Poke https://preview.redd.it/4nqt7tp2tf5c1.png?width=572&format=png&auto=webp&s=b0223484bc54b45b5c65e0b1afd0dc52f9c02ad1 This was the end of uni, I often messaged (and got messaged) requests of status and location to (and from my) friends. I thought, what if we make a social app that’s super basic and all it does is show you where your friends are? To differentiate from snap maps and others we wanted something with more privacy where you select the location. However, never finished the codebase or launched it. This is because I slowly started to realize that B2C (especially social networks) are way too hard to make into an actual business and the story with Fistbump would repeat itself. However, this decision not to launch it almost launched a curse on our team. From that point, we permitted ourselves to abandon projects even before launching. Lessons: Don’t do social networks if your goal is 10k MRR ASAP. If you build something to 90% competition ship it or you will think it’s okay to abandon projects Insight Bites (Nov) Youtube Summarizer Extension &#x200B; https://preview.redd.it/h6drqej4tf5c1.jpg?width=800&format=pjpg&auto=webp&s=0f211456c390ac06f4fcb54aa51f9d50b0826658 Right after Upto, we started ideating and conveniently the biggest revolution in the recent history of tech was released → GPT. We instantly began ideating. The first problem we chose to use AI for is to summarize YouTube videos. Comical. Nevertheless, I am convinced we have had the best UX because you could right-click on a video to get a slideshow of insights instead of how everyone else did it. We dropped it because there was too much competition and unit economics didn’t work out (and it was a B2C). PodPigeon (Dec) Podcast → Tweet Threads https://preview.redd.it/0ukge245tf5c1.png?width=2498&format=png&auto=webp&s=23303e1cab330578a3d25cd688fa67aa3b97fb60 Then we thought, to make unit economics work we need to make this worthwhile for podcasters. This is when I got into Twitter and started seeing people summarize podcasts. Then I thought, what if we make something that converts a podcast into tweets? This was probably one of the most important projects because it connected me with Jason and Jonaed, both of whom I regularly stay in contact with and are my go-to experts on ideas related to content creation. Jonaed was even willing to buy Podpigeon and was using it on his own time. However, the unit economics still didn’t work out (and we got excited about other things). Furthermore, we got scared of the competition because I found 1 - 2 other people who did similar things poorly. This was probably the biggest mistake we’ve made. Very similar projects made 10k MRR and more, launching later than we did. We didn’t have a coherent product vision, we didn’t understand the customer well enough, and we had a bad outlook on competition and a myriad of other things. Lessons: I already made another post about the importance of outlook on competition. Do not quit just because there are competitors or just because you can’t be 10x better. Indiehackers and Bootstrappers (or even startups) need to differentiate in the market, which can be via product (UX/UI), distribution, or both. Asking Ace Intro.co + Crowdsharing &#x200B; https://preview.redd.it/0hu2tt16tf5c1.jpg?width=1456&format=pjpg&auto=webp&s=3d397568ef2331e78198d64fafc1a701a3e75999 As I got into Twitter, I wanted to chat with some people I saw there. However, they were really expensive. I thought, what if we made some kind of crowdfunding service for other entrepreneurs to get a private lecture from their idols? It seemed to make a lot of sense on paper. It was solving a problem (validated via the fact that Intro.co is a thing and making things cheaper and accessible is a solid ground to stand on), we understood the market (or so we thought), and it could monetize relatively quickly. However, after 1-2 posts on Reddit and Indiehackers, we quickly learned three things. Firstly, no one cares. Secondly, even if they do, they think they can get the same information for free online. Thirdly, the reasons before are bad because for the first point → we barely talked to people, and for the second people → we barely talked to the wrong people. However, at least we didn’t code anything this time and tried to validate via a landing page. Lessons Don’t give up after 1 Redditor says “I don’t need this” Don’t be scared to choose successful people as your audience. Clarito Journaling with AI analyzer https://preview.redd.it/8ria2wq6tf5c1.jpg?width=1108&format=pjpg&auto=webp&s=586ec28ae75003d9f71b4af2520b748d53dd2854 Clarito is a classic problem all amateur entrepreneurs have. It’s where you lie to yourself that you have a real problem and therefore is validated but when your team asks you how much you would pay you say I guess you will pay, maybe, like 5 bucks a month…? Turns out, you’d have to pay me to use our own product lol. We sent it off to a few friends and posted on some forums, but never really got anything tangible and decided to move away. Honestly, a lot of it is us in our own heads. We say the market is too saturated, it’ll be hard to monetize, it’s B2C, etc. Lessons: You use the Mom Test on other people. You have to do it yourself as well. However, recognizing that the Mom Test requires a lot of creativity in its investigation because knowing what questions to ask can determine the outcome of the validation. I asked myself “Do I journal” but I didn’t ask myself “How often do I want GPT to chyme in on my reflections”. Which was practically never. That being said I think with the right audience and distribution, this product can work. I just don’t know (let alone care) about the audience that much (and I thought I was one of them)/ Horns & Claw Scrapes financial news texts you whether you should buy/sell the stock (news sentiment analysis) &#x200B; https://preview.redd.it/gvfxdgc7tf5c1.jpg?width=1287&format=pjpg&auto=webp&s=63977bbc33fe74147b1f72913cefee4a9ebec9c2 This one we didn’t even bother launching. Probably something internal in the team and also seemed too good to be true (because if this works, doesn’t that just make us ultra-rich fast?). I saw a similar tool making 10k MRR so I guess I was wrong. Lessons: This one was pretty much just us getting into our heads. I declared that without an audience it would be impossible to ship this product and we needed to start a YouTube channel. Lol, and we did. And we couldn’t even film for 1 minute. I made bold statements like “We will commit to this for at least 1 year no matter what”. Learnery Make courses about any subject https://preview.redd.it/1nw6z448tf5c1.jpg?width=1112&format=pjpg&auto=webp&s=f2c73e8af23b0a6c3747a81e785960d4004feb48 This is probably the most “successful” project we’ve made. It grew from a couple of dozen to a couple of hundred users. It has 11 buy events for $9.99 LTD (we couldn’t be bothered connecting Stripe because we thought no one would buy it anyway). However what got us discouraged from seriously pursuing it more is, that this has very low defensibility, “Why wouldn’t someone just use chatGPT?” and it’s B2C so it’s hard to monetize. I used it myself for a month or so but then stopped. I don’t think it’s the app, I think the act of learning a concept from scratch isn’t something you do constantly in the way Learnery delivers it (ie course). I saw a bunch of similar apps that look like Ass make like 10k MRR. Lessons: Don’t do B2C, or if you do, do it properly Don’t just Mixpanel the buy button, connect your Stripe otherwise, it doesn’t feel real and you won’t get momentum. I doubt anyone (even me) will make this mistake again. I live in my GPT bubble where I make assumptions that everyone uses GPT the same way and as much as I do. In reality, the argument that this has low defensibility against GPT is invalid. Platforms that deliver a differentiated UX from ChatGPT to audiences who are not tightly integrated into the habit of using ChatGPT (which is like - everyone except for SOME tech evangelists). CuriosityFM Make podcasts about any subject https://preview.redd.it/zmosrcp8tf5c1.jpg?width=638&format=pjpg&auto=webp&s=d04ddffabef9050050b0d87939273cc96a8637dc This was our attempt at making Learnery more unique and more differentiated from chatGPT. We never really launched it. The unit economics didn’t work out and it was actually pretty boring to listen to, I don’t think I even fully listened to one 15-minute episode. I think this wasn’t that bad, it taught us more about ElevenLabs and voice AI. It took us maybe only 2-3 days to build so I think building to learn a new groundbreaking technology is fine. SleepyTale Make children’s bedtime stories https://preview.redd.it/14ue9nm9tf5c1.jpg?width=807&format=pjpg&auto=webp&s=267e18ec6f9270e6d1d11564b38136fa524966a1 My 8-year-old sister gave me that idea. She was too scared of making tea and I was curious about how she’d react if she heard a bedtime story about that exact scenario with the moral that I wanted her to absorb (which is that you shouldn’t be scared to try new things ie stop asking me to make your tea and do it yourself, it’s not that hard. You could say I went full Goebbels on her). Zane messaged a bunch of parents on Facebook but no one really cared. We showed this to one Lady at the place we worked from at Uni and she was impressed and wanted to show it to her kids but we already turned off our ElevenLabs subscription. Lessons: However, the truth behind this is beyond just “you need to be able to distribute”. It’s that you have to care about the audience. I don’t particularly want to build products for kids and parents. I am far away from that audience because I am neither a kid anymore nor going to be a parent anytime soon, and my sister still asked me to make her tea so the story didn’t work. I think it’s important to ask yourself whether you care about the audience. The way you answer that even when you are in full bias mode is, do you engage with them? Are you interested in what’s happening in their communities? Are you friends with them? Etc. User Survey Analyzer Big User Survey → GPT → Insights Report Me and my coworker were chatting about AI when he asked me to help him analyze a massive survey for him. I thought that was some pretty decent validation. Someone in an actual company asking for help. Lessons Market research is important but moving fast is also important. Ie building momentum. Also don’t revolve around 1 user. This has been a problem in multiple projects. Finding as many users as possible in the beginning to talk to is key. Otherwise, you are just waiting for 1 person to get back to you. AutoI18N Automated Internationalization of the codebase for webapps This one I might still do. It’s hard to find a solid distribution strategy. However, the idea came from me having to do it at my day job. It seems a solid problem. I’d say it’s validated and has some good players already. The key will be differentiation via the simplicity of UX and distribution (which means a slightly different audience). In the backlog for now because I don’t care about the problem or the audience that much. Documate - Part 1 Converts complex PDFs into Excel https://preview.redd.it/8b45k9katf5c1.jpg?width=1344&format=pjpg&auto=webp&s=57324b8720eb22782e28794d2db674b073193995 My mom needed to convert a catalog of furniture into an inventory which took her 3 full days of data entry. I automated it for her and thought this could have a big impact but there was no distribution because there was no ICP. We tried to find the ideal customers by talking to a bunch of different demographics but I flew to Kazakhstan for a holiday and so this kind of fizzled out. I am not writing this blog post linearity, this is my 2nd hour and I am tired and don’t want to finish this later so I don’t even know what lessons I learned. Figmatic Marketplace of high-quality Figma mockups of real apps https://preview.redd.it/h13yv45btf5c1.jpg?width=873&format=pjpg&auto=webp&s=aaa2896aeac2f22e9b7d9eed98c28bb8a2d2cdf1 This was a collab between me and my friend Alex. It was the classic Clarito where we both thought we had this problem and would pay to fix it. In reality, this is a vitamin. Neither I, nor I doubt Alex have thought of this as soon as we bought the domain. We posted it on Gumroad, sent it to a bunch of forums, and called it a day. Same issue as almost all the other ones. No distribution strategy. However, apps like Mobin show us that this concept is indeed profitable but it takes time. It needs SEO. It needs a community. None of those things, me and Alex had or was interested in. However shortly after HTML → Figma came out and it’s the best plugin. Maybe that should’ve been the idea. Podcast → Course Turns Podcaster’s episodes into a course This one I got baited by Jason :P I described to him the idea of repurposing his content for a course. He told me this was epic and he would pay. Then after I sent him the demo, he never checked it out. Anyhow during the development, we realized that doesn’t actually work because A podcast doesn’t have the correct format for the course, the most you can extract are concepts and ideas, seldom explanations. Most creators want video-based courses to be hosted on Kajabi or Udemy Another lesson is that when you pitch something to a user, what you articulate is a platform or a process, they imagine an outcome. However, the end result of your platform can be a very different outcome to what they had in mind and there is even a chance that what they want is not possible. You need to understand really well what the outcome looks like before you design the process. This is a classic problem where we thought of the solution before the problem. Yes, the problem exists. Podcasters want to make courses. However, if you really understand what they want, you can see how repurposing a podcast isn’t the best way to get there. However I only really spoke to 1-2 podcasters about this so making conclusions is dangerous for this can just be another asking ace mistake with the Redditor. Documate Part 2 Same concept as before but now I want to run some ads. We’ll see what happens. https://preview.redd.it/xb3npj0ctf5c1.jpg?width=1456&format=pjpg&auto=webp&s=3cd4884a29fd11d870d010a2677b585551c49193 In conclusion https://preview.redd.it/2zrldc9dtf5c1.jpg?width=1840&format=pjpg&auto=webp&s=2b3105073e752ad41c23f205dbd1ea046c1da7ff It doesn’t actually matter that much whether you choose to do a B2C, or a social network or focus on growing your audience. All of these can make you successful. What’s important is that you choose. If I had to summarize my 2023 in one word it’s indecision. Most of these projects succeeded for other people, nothing was as fundamentally wrong about them as I proclaimed. In reality that itself was an excuse. New ideas seduce, and it is a form of discipline to commit to a single project for a respectful amount of time. https://preview.redd.it/zy9a2vzdtf5c1.jpg?width=1456&format=pjpg&auto=webp&s=901c621227bba0feb4efdb39142f66ab2ebb86fe Distribution is not just posting on Indiehackers and Reddit. It’s an actual strategy and you should think of it as soon as you think of the idea, even before the Figma designs. I like how Denis Shatalin taught me. You have to build a pipeline. That means a reliable way to get leads, launch campaigns at them, close deals, learn from them, and optimize. Whenever I get an idea now I always try to ask myself “Where can I find 1000s leads in one day?” If there is no good answer, this is not a good project to do now. &#x200B; https://preview.redd.it/2boh3fpetf5c1.jpg?width=1456&format=pjpg&auto=webp&s=1c0d5d7b000716fcbbb00cbad495e8b61e25be66 Talk to users before doing anything. Jumping on designing and coding to make your idea a reality is a satisfying activity in the short term. Especially for me, I like to create for the sake of creation. However, it is so important to understand the market, understand the audience, understand the distribution. There are a lot of things to understand before coding. https://preview.redd.it/lv8tt96ftf5c1.jpg?width=1456&format=pjpg&auto=webp&s=6c8735aa6ad795f216ff9ddfa2341712e8277724 Get out of your own head. The real reason we dropped so many projects is that we got into our own heads. We let the negative thoughts creep in and kill all the optimism. I am really good at coming up with excuses to start a project. However, I am equally as good at coming up with reasons to kill a project. And so you have this yin and yang of starting and stopping. Building momentum and not burning out. I can say with certainty my team ran out of juice this year. We lost momentum so many times we got burnt out towards the end. Realizing that the project itself has momentum is important. User feedback and sales bring momentum. Building also creates momentum but unless it is matched with an equal force of impact, it can stomp the project down. That is why so many of our projects died quickly after we launched. The smarter approach is to do things that have a low investment of momentum (like talking to users) but result in high impact (sales or feedback). Yes, that means the project can get invalidated which makes it more short-lived than if we built it first, but it preserves team life energy. At the end of 2023 here is a single sentence I am making about how I think one becomes a successful indiehacker. One becomes a successful Indiehacker when one starts to solve pain-killer problems in the market they understand, for an audience they care about and consistently engage with for a long enough timeframe. Therefore an unsuccessful Indiehacker in a single sentence is An unsuccessful Indiehacker constantly enters new markets they don’t understand to build solutions for people whose problems they don’t care about, in a timeframe that is shorter than than the time they spent thinking about distribution. However, an important note to be made. Life is not just about indiehacking. It’s about learning and having fun. In the human world, the best journey isn’t the one that gets you the fastest to your goals but the one you enjoy the most. I enjoyed making those silly little projects and although I do not regret them, I will not repeat the same mistakes in 2024. But while it’s still 2023, I have 2 more projects I want to do :) EDIT: For Devs, frontend is always react with vite (ts) and backend is either node with express (ts) or python. For DB either Postgres or mongo (usually Prisma for ORM). For deployment all of it is on AWS (S3, EC2). In terms of libraries/APIs Whisper.cpp is best open source for transcription Obviously the gpt apis Eleven labs for voice related stuff And other random stuff here and there

ChatPDF and PDF.ai are making millions using open source tech... here's the code

Why "copy" an existing product? The best SaaS products weren’t the first of their kind - think Slack, Shopify, Zoom, Dropbox, or HubSpot. They didn’t invent team communication, e-commerce, video conferencing, cloud storage, or marketing tools; they just made them better. What is a "Chat with PDF" SaaS? These are AI-powered PDF assistants that let you upload a PDF and ask questions about its content. You can summarize articles, extract key details from a contract, analyze a research paper, and more. To see this in action or dive deeper into the tech behind it, check out this YouTube video. Let's look at the market Made possible by advances in AI like ChatGPT and Retrieval-Augmented Generation (RAG), PDF chat tools started gaining traction in early 2023 and have seen consistent growth in market interest, which is currently at an all-time high (source:google trends) Keywords like "chat PDF" and "PDF AI" get between 1 to 10 million searches every month (source:keyword planner), with a broad target audience that includes researchers, students, and professionals across various industries. Leaders like PDF.ai and ChatPDF have already gained millions of users within a year of launch, driven by the growing market demand, with paid users subscribing at around $20/month. Alright, so how do we build this with open source? The core tech for most PDF AI tools are based on the same architecture. You generate text embeddings (AI-friendly text representations; usually via OpenAI APIs) for the uploaded PDF’s chapters/topics and store them in a vector database (like Pinecone). Now, every time the user asks a question, a similarity search is performed to find the most similar PDF topics from the vector database. The selected topic contents are then sent to an LLM (like ChatGPT) along with the question, which generates a contextual answer! Here are some of the best open source implementations for this process: GPT4 & LangChain Chatbot for large PDF docs by Mayo Oshin MultiPDF Chat App by Alejandro AO PDFToChat by Hassan El Mghari Worried about building signups, user management, payments, etc.? Here are my go-to open-source SaaS boilerplates that include everything you need out of the box: SaaS Boilerplate by Remi Wg Open SaaS by wasp-lang A few ideas to stand out from the noise: Here are a few strategies that could help you differentiate and achieve product market fit (based on the pivot principles from The Lean Startup by Eric Ries): Narrow down your target audience for a personalized UX: For instance, an exam prep assistant for students with study notes and quiz generator; or a document due diligence and analysis tool for lawyers. Add unique features to increase switching cost: You could autogenerate APIs for the uploaded PDFs to enable remote integrations (eg. support chatbot knowledge base); or build in workflow automation features for bulk analyses of PDFs. Offer platform level advantages: You could ship a native mobile/desktop apps for a more integrated UX; or (non-trivial) offer private/offline support by replacing the APIs with local open source deployments (eg. llama for LLM, an embedding model from the MTEB list, and FAISS for vector search). TMI? I’m an ex-AI engineer and product lead, so don’t hesitate to reach out with any questions! P.S. I've started a free weekly newsletter to share open-source/turnkey resources behind popular products (like this one). If you’re a founder looking to launch your next product without reinventing the wheel, please subscribe :)

My Marketing App made $10,000 in 2024. Here is how I target to make $100,000 in 2025:

You totally get me, I think. It’s a bizarre feeling when you build something, and people appreciate it and are even ready to pay! Pleasant though) In early 2024 my mate and I created a marketing tool that generates ads, content and strategy blocks with a click – Aiter.io. Users can just insert a URL, hit the button and everything is ready. TBH, I built this tool because I’m too lazy to chat with ChatGPT) https://preview.redd.it/ew2kud7ceyde1.png?width=1140&format=png&auto=webp&s=f3fe5b67075858cea3d52278e8063113efa3b97e In 2024 we made $10,000, here is what worked for us: AI directories. Still is the best channel of traffic and clients for us. We listed on TAAFT and other directories scrape TAAFT, so, eventually, we became listed on all major ones. I wrote a Reddit post earlier that explained this process in detail. Email marketing. Gosh, I thought it was dead – I have never been so wrong! We set up automatic emails that share marketing insights and they have a \~25% open rate + consistently convert people. It works great. Product marketing. Having a free version really helps with word-of-mouth and leads, which can be converted via email. Also, we consistently worked on product improvement. I’d say, that our free updates give people a feeling that the devs care about their stuff that’s why they are more confident investing in it. Google Ads. TBH, we had a shitty landing page all the time because were busy with the product. So, Google Ads didn’t work well for us. But we’ve launched the 2.0 version which has a better landing page, and will try it again. Influencers. Worked well for us, but we didn’t pay a dime for this. They just found our tool on directories and created videos about Aiter, so it was a sporadic marketing channel for us. We hope to change it in 2025. We see that our product works and attracts the audience, so we want to deliver and get more in 2025. Here is the plan: Product: add ad banners and video generation. So far, we generate only text data and it’s not so valuable in the time of ChatGPT and Claude. But to generate a high-quality ad banner is still challenging, so we put this on our roadmap. Another feature – one-click market analysis to get marketing insights. Become a TOP50 tool on TAAFT. We’ve become a top tool in our category (content generation) but will need to promote our profile on the profile far more aggressively to get into TOP50 Email marketing. We are fools because we almost didn’t have product emails that explain how it works. Will fix it. Also, we are considering participating more in paid newsletters, like collaborating with Substack influencers. Youtube marketing. Search for low-tail marketing keywords on YouTube and create videos on them, placing my product in them. Blog. Our new platform is Webflow which gives a lot of flexibility in terms of blogging. So, we will repeat the YouTube strategy with blogging. Paid marketing. With an updated landing page, we hope that paid campaigns will work better. We plan to launch campaigns that target different jobs to be done and customer objections to find the right message. Product Management. For 2025, our two key product metrics are retention and product activation rate. For this, we plan to simplify onboarding and make it simpler as well as conduct a lot of in-depth interviews to understand how we can retain users better. Funding. All of this exciting stuff requires money, so we are in the process of securing funding (fingers crossed). Having an indie project is exciting and invigorating. With all these activities, I hope we will achieve the goal of $100,000 in 2025. And what are your goals and marketing steps for 2025? Or maybe you could share some exciting marketing ideas I overlooked?

I retired at 32 from my side project. Here's the path I took.

EDIT 2: Thanks for the award kind stranger! I've stopped responding to reddit comments for this post. I'm adding an FAQ to the original post based on the most common high quality questions. If you have a question that you're dying to know the answer to and that only I can help you with (vs. Google, ChatGPT, etc.), DM me. EDIT: I love how controversial this post has become (50% upvote rate), and only in this subreddit (vs. other subreddits that I posted the same content in). I trust that the open-minded half of you will find something useful in this post and my other posts and comments. I retired at 32 years old, in large part thanks to a B2C SaaS app that I developed on my own. Now, I don't have to work in order to cover my living expenses, and wouldn't have to work for quite a while. In other words, I can finally sip mai tais at the beach. I've condensed how I got there into this post. First, a super simplified timeline of events, followed by some critical details. Timeline 2013 Graduated college in the US 2013 Started first corporate job 2013 Started side project (B2C app) that would eventually lead to my retirement 2020 Started charging for use of my B2C app (was free, became freemium) 2021 Quit my last corporate job 2022 Retired: time freedom attained Details First, some summary statistics of my path to retirement: 9 years: time between graduating college and my retirement. 8 years: total length of my career where I worked at some corporate day job. 7 years: time it took my B2C app to make its first revenue dollar 2 years: time between my first dollar of SaaS revenue and my retirement. "Something something overnight success a decade in the making". I got extremely lucky on my path to retirement, both in terms of the business environment I was in and who I am as a person. I'd also like to think that some of the conscious decisions I made along the way contributed to my early retirement. Lucky Breaks Was born in the US middle class. Had a natural affinity for computer programming and entrepreneurial mindset (initiative, resourcefulness, pragmatism, courage, growth mindset). Had opportunities to develop these mindsets throughout life. Got into a good college which gave me the credentials to get high paying corporate jobs. Was early to a platform that saw large adoption (see "barnacle on whale" strategy). Business niche is shareworthy: my SaaS received free media. Business niche is relatively stable, and small enough to not be competitive. "Skillful" Decisions I decided to spend the nights and weekends of my early career working on side projects in the hopes that one would hit. I also worked a day job to support myself and build my savings. My launch funnel over roughly 7 years of working on side projects: Countless side projects prototyped. 5 side projects publically launched. 2 side projects made > $0. 1 side project ended up becoming the SaaS that would help me retire. At my corporate day jobs, I optimized for learning and work-life balance. My learning usually stalled after a year or two at one company, so I’d quit and find another job. I invested (and continute to do so) in physical and mental wellbeing via regular workouts, meditation, journaling, traveling, and good food. My fulfilling non-work-life re-energized me for my work-life, and my work-life supported my non-work-life: a virtuous cycle. I automated the most time-consuming aspects of my business (outside of product development). Nowadays, I take long vacations and work at most 20 hours a week / a three-day work week . I decided to keep my business entirely owned and operated by me. It's the best fit for my work-style (high autonomy, deep focus, fast decision-making) and need to have full creative freedom and control. I dated and married a very supportive and inspiring partner. I try not to succumb to outrageous lifestyle creep, which keeps my living expenses low and drastically extends my burn-rate. Prescription To share some aphorisms I’ve leaned with the wantrepreneurs or those who want to follow a similar path: Maximize your at bats, because you only need one hit. Bias towards action. Launch quickly. Get your ideas out into the real world for feedback. Perfect is the enemy of good. If you keep swinging and improving, you'll hit the ball eventually. Keep the big picture in mind. You don't necessarily need a home-run to be happy: a base hit will often do the job. Think about what matters most to you in life: is it a lot of money or status? Or is it something more satisfying, and often just as if not more attainable, like freedom, loving relationships, or fulfillment? Is what you’re doing now a good way to get what you want? Or is there a better way? At more of a micro-level of "keep the big picture in mind", I often see talented wantrepreneurs get stuck in the weeds of lower-level optimizations, usually around technical design choices. They forget (or maybe subconsciously avoid) the higher-level and more important questions of customer development, user experience, and distribution. For example: “Are you solving a real problem?” or “Did you launch an MVP and what did your users think?” Adopt a growth mindset. Believe that you are capable of learning whatever you need to learn in order to do what you want to do. The pain of regret is worse than the pain of failure. I’ve noticed that fear of failure is the greatest thing holding people back from taking action towards their dreams. Unless failure means death in your case, a debilitating fear of failure is a surmountable mental block. You miss 100% of the shots you don't take. When all is said and done, we often regret the things we didn't do in life than the things we did. There’s more to life than just work. Blasphemous (at least among my social circle)! But the reality is that many of the dying regret having worked too much in their lives. As Miss Frizzle from The Magic Schoolbus says: "Take chances, make mistakes, get messy!" Original post

I made a bunch of side projects over the last 9 months, and even accrued 500+ accounts and some donations!

I just stumbled upon this subreddit and have a bunch of fun projects I'd like to present, any thoughts/feedback/criticism, etc. all welcome. So, first things first, a little about me, I work full time in an unrelated job, but have picked up full stack and mobile programming. I have two roommates who help a bit in their own way, one is a server expert and happened to have a server in our apartment basement, and the other is my brother and he picked up some frontend programming. We're all avid cyclists and decided to start building about 9 months ago. Our first idea was https://sherpa-map.com a SPA website allowing users to create cycling routes, send them to their Garmin devices, download them as GPX files, etc. This site uses the open-source software Graphhopper on the backend which I've augmented to send back surface type information. This site has a loooonnnggg list of features, from the simple, like a live weather radar, to the extreme like this functionality: &#x200B; AI surface classification This video demonstrates the ability to classify road surface types in real time using high-resolution satellite imagery of road portions with unknown surface types! I trained a Pytorch resnet 50 model with tuned hyperparameters and 10 epochs on 200,000 satellite images of roads with known surface types! (We host a OSM Postgres server with coordinates of roads and their associated surface types, I made a script to pull images of said roads for training). I built the model into a secondary backend written in flask and piped the images being used back through live web sockets to my node.js backend to the person who is logged in! &#x200B; Okay, on to the next side project, a cycling physics simulator! https://sherpa-map.com/cycling-route-calculator.html Cycling Physics Simulation This site lets users enter information about their bike setup, upload or use a preset route, and enter in their physical information to see how different changes in their setup might affect how fast they will be throughout a course! It can also pull complex weather information throughout the course and give a full suite of nutrition details! &#x200B; Okay, Next project! The Activity Racer! https://sherpa-map.com/activity-racer.html Activity Racer This site lets users upload their own or competitors' GPX activity files and line them up against each other at any point in an event, to see who was faster where! It's great if you've done the same even year after year with differing setups, allowing you to get insights as to which might have done better at what point. &#x200B; Okay, final project, this one's pretty half-baked as I'm still in the process of implementing so many other things, a podcast creation app! (I was bored and just started working on this a week or so ago, for no good reason). Currently, this one lives on https://sherpa-map.com/podcast.html This podcasting web app creates a peer to peer to peer... mesh network using webRTC so, small groups can communicate with the highest level of fidelity both in audio and video! Simply enter a room name and have other users enter the room name as well and they're connected! I've already used tensorflow.js AI to allow a blur background option, similar to MS Teams, whereby bodypix classifier AI picks out the person and I use a blur on a JS canvas behind them. I also went a little bit off the deep end and managed to implement the RNNoise background noise suppressor on the frontend, it's written in C, but I was able to use Windows Subsystem for Linux + emscrption to compile it in just the right way, with exposed malloc and free and a JS wrapper to use on the frontend in WASM. I actually use WASM (typically Rust) in many fun ways throughout all of these projects. I'm also in the middle of recreating the first site in React-Native + Maplibre for IOS and Android as individual APPs. In addition, I'm also working on the integration of my main site into a different project for a different group. So, I have a fun collection of side projects with slightly different GUIs, across different platforms with no coherent landing page as of yet but I've been having a blaaaast putting them together. As a final note, I even have a bit of an easter egg in the automated email system I use for account verifications and password resets do\not\reply@sherpa-map.com I hooked it up to ChatGPT API and told it it is a disgruntled worker whose sole task in life is to watch a do\not\reply email box and respond sarcastic/snarky to anyone who dares send a message to it, if AI comes for humanity, I bet I'll be on a list for this one lol.

Day 1 of my BIP for my AdonisJS Boilerplate (turbosaas) [Built in public]

Hello everyone, here is day 1 (not really, I started a bit earlier) of my project: A boilerplate using AdonisJS, Inertia What technologies are used/present? AdonisJS Inertia Stripe OpenAI TailwindCSS Vite (React) Why? Firstly, I want to save time when launching my projects, and I think you do too, so I've included as many relevant features as possible. I'm tired of seeing attitudes like 'develop your SaaS in 1 hour and produce terrible code!' The purpose of this codebase is to provide the highest quality code possible and to maintain that standard throughout the development process. You might spend an extra 20 minutes doing things right, but you'll save 2 hours on refactoring. And no, you won't have to pay for updates. (WTF by the way?) Why these technologies? I've seen a lot of NextJS for boilerplates, and I've also used NextJS before, but I quickly abandoned it. It quickly becomes a mess You lose track of what is what, and start doing anything Every update breaks your application Whereas with AdonisJS, life is beautiful. There are plenty of community packages already available, and everything you need is here. What am I offering? Authentication: Social authentication, OTP, Magic Links, and credentials, along with complete account management features like password recovery. Payment & Mailing Integration: Seamless integration from start to finish, with multiple options to choose from. Detailed Documentation: Thorough explanations of every aspect, covering even the smallest, potentially confusing details in the code. Maintainable & Scalable Code: Organized by features, allowing you to easily drag and drop features to extend functionality. Developer Tools: Handy commands for generating new features and automatically adding necessary imports; a complete config to enable/disable a feature in less than 10 seconds... Pre-made Pages: Ready-to-use pages such as an admin dashboard for tasks like automatically updating products on Stripe. Extensive Component Library: A variety of components to streamline development. I've designed this boilerplate to be as developer-friendly and robust as possible, aiming to support maintainability and scalability from the get-go. Summary of today and previous days Day 2 Stripe is a nightmare to set up if you've never done it before, it quickly becomes tedious. But I've finally finished setting everything up: one-time payments, subscriptions, and subscription updates. It was complicated. Today I finally implemented the 'forgot password' option, and I've completed all the authentication by adding magic links (working with OTP). I also set up automatic deployment with GitHub Actions, and everything works well. The build runs with the action to ensure everything goes smoothly, then using SSH, I pull the project, build it, and launch it. Tomorrow: What I want to do tomorrow Tomorrow, I want to create the blog, because yes, I want to include a blog as well, and especially complete it as soon as possible so it can be available on turbosaas(dot)dev, and write my build in public. It will probably use markdown. Thank you for reading this short build in public, you can also check out how it's going on turbosaas(dot)dev.

I made a website to generate craft ideas from existing materials

Idea: When browsing crafts groups, I noticed that members searched for craft ideas, either randomly, using available materials, or recycling existing things: First attempt: This attempt was a failure. After studying the idea well, I started trying to implement it with the help of Gpt. Because I am a beginner in programming, I only have a little experience in. html and css. I used gpt for php and js. The goal of the site was for the user to enter the materials he owns and the degree of difficulty of implementation to get a title for the idea. And how to implement it. This was all writing generated through the open ai api. After a few struggles, it became clear to me that writing could not describe the idea as it is. I changed the idea. Ideas are generated using images. The results were amazing. Here I faced a budget problem, as the subscriptions to the API for images were very high in my opinion. Because I plan to make the tool free.So I left the project. Second attempt. A year later while I was browsing I discovered stability.ai. From stablediffision, I found their prices to be reasonable, so I returned to the project and completed it. Website link: Craftivi

Just completed a new type of language learning website - read popular stories scaled to different reading levels

As a language learner and software developer, I bootstrapped my project superlang.com over the past year working on the side. There is a mobile friendly web app now, and iOS/Android apps coming in a few months. A year ago I discovered the concept of "comprehensible input" as a way to help me learn German. Even if it's not a silver bullet, it sounded pretty great. Rather than drilling vocab or looking at grammar charts, I could "just read" and acquire the language. I picked up some fairy tales in German, and stories like Alice in Wonderland. Unfortunately, I couldn't really read them. I had to stop every sentence to look up words and try and decipher sentence constructions. Then I turned to some purpose built simple stories for German beginners. But there was a different problem... these were not really stories with any real plot. I could only read so many "Hans goes to the market" type stories before losing interest. My idea was to try to get the best of both worlds somehow. What if I could take a real story, say Alice in Wonderland (or even War and Peace), and dial the difficulty down to my level without losing the plotline. That way, beginners can start right away with something basically comprehensible. Then, you could also re-read the same story at increasing difficulty levels as you gain confidence. As a cherry on top, more illustrations would help with comprehension so each page could have a picture. Is it revolutionary? Maybe, maybe not. I am building off a well established idea of "graded readers" which are simplified stories meant for learning languages. And there are somewhat similar ideas out there now that AI is good at simplifying text, but none that really take this idea where it needs to be with many preloaded stories, multiple difficulty levels, high quality human verified text, and all the bells and whistles. I spent a year building Superlang and it is ready to put out there. Some quick notes: There are 3 languages so far, intended for native English speakers: German, French, and Spanish There are 3 difficulty levels you can set on each story: beginner (roughly A1-A2), intermediate (roughly A2-B1), and advanced (the same level as the original story, but typically B2+) There is premium version as producing the content was somewhat expensive. You can still do a lot of reading on the free version. I have done no marketing yet, except for this post :) The implementation is a combination of AI, and human proofreading and reviewing. In particular, the simplification of stories is very heavily AI driven. The illustrations for each page are AI as well. For translation, as many of you may be aware new LLM models are typically better than Google translate, but still far from perfect. I am very much a proponent of keeping real people in the loop, and so I have real people proofread the translations. That's why there are only about 700 pages of content so far and not tens of thousands. Let me know what you think, and if you find it helpful! Alice in Wonderland - beginner level German Romeo and Juliet - beginner level Spanish

My Side Projects: From CEO to 4th Developer (Thanks, AI 🤖)

Hey Reddit 👋, I wanted to share a bit about some side projects I’ve been working on lately. Quick background for context: I’m the CEO of a mid-to-large-scale eCommerce company pulling in €10M+ annually in net turnover. We even built our own internal tracking software that’s now a SaaS (in early review stages on Shopify), competing with platforms like Lifetimely and TrueROAS. But! That’s not really the point of this post — there’s another journey I’ve been on that I’m super excited to share (and maybe get your feedback on!). AI Transformed My Role (and My Ideas List) I’m not a developer by trade — never properly learned how to code, and to be honest, I don’t intend to. But, I’ve always been the kind of guy who jots down ideas in a notes app and dreams about execution. My dev team calls me their “4th developer” (they’re a team of three) because I have solid theoretical knowledge and can kinda read code. And then AI happened. 🛠️ It basically turned my random ideas app into an MVP generation machine. I thought it’d be fun to share one of the apps I’m especially proud of. I am also planning to build this in public and therefore I am planning to post my progress on X and every project will have /stats page where live stats of the app will be available. Tackling My Task Management Problem 🚀 I’ve sucked at task management for YEARS, I still do! I’ve tried literally everything — Sheets, Todoist, Asana, ClickUp, Notion — you name it. I’d start… and then quit after a few weeks - always. What I struggle with the most is delegating tasks. As a CEO, I delegate a ton, and it’s super hard to track everything I’ve handed off to the team. Take this example: A few days ago, I emailed an employee about checking potential collaboration opportunities with a courier company. Just one of 10s of tasks like this I delegate daily. Suddenly, I thought: “Wouldn’t it be AMAZING if just typing out this email automatically created a task for me to track?” 💡 So… I jumped in. With the power of AI and a few intense days of work, I built a task manager that does just that. But of course, I couldn’t stop there. Research & Leveling It Up 📈 I looked at similar tools like TickTick and Todoist, scraped their G2 reviews (totally legally, promise! 😅), and ran them through AI for a deep SWOT analysis. I wanted to understand what their users liked/didn’t like and what gaps my app could fill. Some of the features people said they were missing didn’t align with the vision for my app (keeping it simple and personal), but I found some gold nuggets: Integration with calendars (Google) Reminders Customizable UX (themes) So, I started implementing what made sense and am keeping others on the roadmap for the future. And I’ve even built for that to, it still doesn’t have a name, however the point is you select on how many reviews of a specific app you want to make a SWOT analysis on and it will do it for you. Example for Todoist in comments. But more on that, some other time, maybe other post ... Key Features So Far: Here’s what’s live right now: ✅ Email to Task: Add an email as to, cc, or bcc — and it automatically creates a task with context, due dates, labels, etc. ✅ WhatsApp Reminders: Get nudged to handle your tasks via WhatsApp. ✅ WhatsApp to Task: Send a message like /task buy groceries — bam, it’s added with full context etc.. ✅ Chrome Extension (work-in-progress): Highlight text on any page, right-click, and send it straight to your task list. Next Steps: Build WITH the Community 👥 Right now, the app is 100% free while still in the early stages. But hey, API calls and server costs aren’t cheap, so pricing is something I’ll figure out with you as we grow. For now, my goal is to hit 100 users and iterate from there. My first pricing idea is, without monthly subscription, I don’t want to charge someone for something he didn’t use. So I am planning on charging "per task", what do you think? Here’s what I have planned: 📍 End of Year Goal: 100 users (starting from… 1 🥲). 💸 Revenue Roadmap: When we establish pricing, we’ll talk about that. 🛠️ Milestones: Post on Product Hunt when we hit 100 users. Clean up my self-written spaghetti code (hire a pro dev for review 🙃). Hire a part-time dev once we hit MRR that can cover its costs. You can check how are we doing on thisisatask.me/stats Other Side Projects I’m Working On: Because… what’s life without taking on too much, right? 😂 Full list of things I’m building: Internal HRM: Not public, tried and tested in-house. Android TV App: Syncs with HRM to post announcements to office TVs (streamlined and simple). Stats Tracker App: Connects to our internal software and gives me real-time company insights. Review Analyzer: Scrapes SaaS reviews (e.g., G2) and runs deep analysis via AI. This was originally for my Shopify SaaS but is quickly turning into something standalone. Coming soon! Mobile app game: secret for now. Let’s Build This Together! Would love it if you guys checked out https://thisisatask.me and gave it a spin! Still super early, super raw, but I’m pumped to hear your thoughts. Also, what’s a must-have task manager feature for you? Anything that frustrates you with current tools? I want to keep evolving this in public, so your feedback is gold. 🌟 Let me know, Reddit! Are you with me? 🙌

I spent 6 months on a web app as a side project, and got 0 users. Here is my story.

Edit Thank you all so much for your time reading my story. Your support, feedback, criticism, and skepticism; all helped me a lot, and I couldn't appreciate it enough \^\_\^ I very rarely have stuff to post on Reddit, but I share how my project is going on, just random stuff, and memes on X. In case few might want to keep up 👀 TL;DR I spent 6 months on a tool that currently has 0 users. Below is what I learned during my journey, sharing because I believe most mistakes are easily avoidable. Do not overestimate your product and assume it will be an exception to fundamental principles. Principles are there for a reason. Always look for validation before you start. Avoid building products with a low money-to-effort ratio/in very competitive fields. Unless you have the means, you probably won't make it. Pick a problem space, pick your target audience, and talk to them before thinking about a solution. Identify and match their pain points. Only then should you think of a solution. If people are not overly excited or willing to pay in advance for a discounted price, it might be a sign to rethink. Sell one and only one feature at a time. Avoid everything else. If people don't pay for that one core feature, no secondary feature will change their mind. Always spend twice as much time marketing as you do building. You will not get users if they don't know it exists. Define success metrics ("1000 users in 3 months" or "$6000 in the account at the end of 6 months") before you start. If you don't meet them, strongly consider quitting the project. If you can't get enough users to keep going, nothing else matters. VALIDATION, VALIDATION, VALIDATION. Success is not random, but most of our first products will not make a success story. Know when to admit failure, and move on. Even if a product of yours doesn't succeed, what you learned during its journey will turn out to be invaluable for your future. My story So, this is the story of a product that I’ve been working on for the last 6 months. As it's the first product I’ve ever built, after watching you all from the sidelines, I have learned a lot, made many mistakes, and did only a few things right. Just sharing what I’ve learned and some insights from my journey so far. I hope that this post will help you avoid the mistakes I made — most of which I consider easily avoidable — while you enjoy reading it, and get to know me a little bit more 🤓. A slow start after many years Summ isn’t the first product I really wanted to build. Lacking enough dev skills to even get started was a huge blocker for so many years. In fact, the first product I would’ve LOVED to build was a smart personal shopping assistant. I had this idea 4 years ago; but with no GPT, no coding skills, no technical co-founder, I didn’t have the means to make it happen. I still do not know if such a tool exists and is good enough. All I wanted was a tool that could make data-based predictions about when to buy stuff (“buy a new toothpaste every three months”) and suggest physical products that I might need or be strongly interested in. AFAIK, Amazon famously still struggles with the second one. Fast-forward a few years, I learned the very basics of HTML, CSS, and Vanilla JS. Still was not there to build a product; but good enough to code my design portfolio from scratch. Yet, I couldn’t imagine myself building a product using Vanilla JS. I really hated it, I really sucked at it. So, back to tutorial hell, and to learn about this framework I just heard about: React.React introduced so many new concepts to me. “Thinking in React” is a phrase we heard a lot, and with quite good reasons. After some time, I was able to build very basic tutorial apps, both in React, and React Native; but I have to say that I really hated coding for mobile. At this point, I was already a fan of productivity apps, and had a concept for a time management assistant app in my design portfolio. So, why not build one? Surely, it must be easy, since every coding tutorial starts with a todo app. ❌ WRONG! Building a basic todo app is easy enough, but building one good enough for a place in the market was a challenge I took and failed. I wasted one month on that until I abandoned the project for good. Even if I continued working on it, as the productivity landscape is overly competitive, I wouldn’t be able to make enough money to cover costs, assuming I make any. Since I was (and still am) in between jobs, I decided to abandon the project. 👉 What I learned: Do not start projects with a low ratio of money to effort and time. Example: Even if I get 500 monthly users, 200 of which are paid users (unrealistically high number), assuming an average subscription fee of $5/m (such apps are quite cheap, mostly due to the high competition), it would make me around $1000 minus any occurring costs. Any founder with a product that has 500 active users should make more. Even if it was relatively successful, due to the high competition, I wouldn’t make any meaningful money. PS: I use Todoist today. Due to local pricing, I pay less than $2/m. There is no way I could beat this competitive pricing, let alone the app itself. But, somehow, with a project that wasn’t even functional — let alone being an MVP — I made my first Wi-Fi money: Someone decided that the domain I preemptively purchased is worth something. By this point, I had already abandoned the project, certainly wasn’t going to renew the domain, was looking for a FT job, and a new project that I could work on. And out of nowhere, someone hands me some free money — who am I not to take it? Of course, I took it. The domain is still unused, no idea why 🤔. Ngl, I still hate the fact that my first Wi-Fi money came from this. A new idea worth pursuing? Fast-forward some weeks now. Around March, I got this crazy idea of building an email productivity tool. We all use emails, yet we all hate them. So, this must be fixed. Everyone uses emails, in fact everyone HAS TO use emails. So, I just needed to build a tool and wait for people to come. This was all, really. After all, the problem space is huge, there is enough room for another product, everyone uses emails, no need for any further validation, right? ❌ WRONG ONCE AGAIN! We all hear from the greatest in the startup landscape that we must validate our ideas with real people, yet at least some of us (guilty here 🥸) think that our product will be hugely successful and prove them to be an exception. Few might, but most are not. I certainly wasn't. 👉 Lesson learned: Always validate your ideas with real people. Ask them how much they’d pay for such a tool (not if they would). Much better if they are willing to pay upfront for a discount, etc. But even this comes later, keep reading. I think the difference between “How much” and “If” is huge for two reasons: (1) By asking them for “How much”, you force them to think in a more realistic setting. (2) You will have a more realistic idea on your profit margins. Based on my competitive analysis, I already had a solution in my mind to improve our email usage standards and email productivity (huge mistake), but I did my best to learn about their problems regarding those without pushing the idea too hard. The idea is this: Generate concise email summaries with suggested actions, combine them into one email, and send it at their preferred times. Save as much as time the AI you end up with allows. After all, everyone loves to save time. So, what kind of validation did I seek for? Talked with only a few people around me about this crazy, internet-breaking idea. The responses I got were, now I see, mediocre; no one got excited about it, just said things along the lines of “Cool idea, OK”. So, any reasonable person in this situation would think “Okay, not might not be working”, right? Well, I did not. I assumed that they were the wrong audience for this product, and there was this magical land of user segments waiting eagerly for my product, yet unknowingly. To this day, I still have not reached this magical place. Perhaps, it didn’t exist in the first place. If I cannot find it, whether it exists or not doesn’t matter. I am certainly searching for it. 👉 What I should have done: Once I decide on a problem space (time management, email productivity, etc.), I should decide on my potential user segments, people who I plan to sell my product to. Then I should go talk to those people, ask them about their pains, then get to the problem-solving/ideation phase only later. ❗️ VALIDATION COMES FROM THE REALITY OUTSIDE. What validation looks like might change from product to product; but what invalidation looks like is more or less the same for every product. Nico Jeannen told me yesterday “validation = money in the account” on Twitter. This is the ultimate form of validation your product could get. If your product doesn’t make any money, then something is invalidated by reality: Your product, you, your idea, who knows? So, at this point, I knew a little bit of Python from spending some time in tutorial hell a few years ago, some HTML/CSS/JS, barely enough React to build a working app. React could work for this project, but I needed easy-to-implement server interactivity. Luckily, around this time, I got to know about this new gen of indie hackers, and learned (but didn’t truly understand) about their approach to indie hacking, and this library called Nextjs. How good Next.js still blows my mind. So, I was back to tutorial hell once again. But, this time, with a promise to myself: This is the last time I would visit tutorial hell. Time to start building this "ground-breaking idea" Learning the fundamentals of Next.js was easier than learning of React unsurprisingly. Yet, the first time I managed to run server actions on Next.js was one of the rarest moments that completely blew my mind. To this day, I reject the idea that it is something else than pure magic under its hood. Did I absolutely need Nextjs for this project though? I do not think so. Did it save me lots of time? Absolutely. Furthermore, learning Nextjs will certainly be quite helpful for other projects that I will be tackling in the future. Already got a few ideas that might be worth pursuing in the head in case I decide to abandon Summ in the future. Fast-forward few weeks again: So, at this stage, I had a barely working MVP-like product. Since the very beginning, I spent every free hour (and more) on this project as speed is essential. But, I am not so sure it was worth it to overwork in retrospect. Yet, I know I couldn’t help myself. Everything is going kinda smooth, so what’s the worst thing that could ever happen? Well, both Apple and Google announced their AIs (Apple Intelligence and Google Gemini, respectively) will have email summarization features for their products. Summarizing singular emails is no big deal, after all there were already so many similar products in the market. I still think that what truly matters is a frictionless user experience, and this is why I built this product in a certain way: You spend less than a few minutes setting up your account, and you get to enjoy your email summaries, without ever visiting its website again. This is still a very cool concept I really like a lot. So, at this point: I had no other idea that could be pursued, already spent too much time on this project. Do I quit or not? This was the question. Of course not. I just have to launch this product as quickly as possible. So, I did something right, a quite rare occurrence I might say: Re-planned my product, dropped everything secondary to the core feature immediately (save time on reading emails), tried launching it asap. 👉 Insight: Sell only one core feature at one time. Drop anything secondary to this core feature. Well, my primary occupation is product design. So one would expect that a product I build must have stellar design. I considered any considerable time spent on design at this stage would be simply wasted. I still think this is both true and wrong: True, because if your product’s core benefits suck, no one will care about your design. False, because if your design looks amateurish, no one will trust you and your product. So, I always targeted an average level design with it and the way this tool works made it quite easy as I had to design only 2 primary pages: Landing page and user portal (which has only settings and analytics pages). However, even though I knew spending time on design was not worth much of my time, I got a bit “greedy”: In fact, I redesigned those pages three times, and still ended up with a so-so design that I am not proud of. 👉 What I would do differently: Unless absolutely necessary, only one iteration per stage as long as it works. This, in my mind, applies to everything. If your product’s A feature works, then no need to rewrite it from scratch for any reason, or even refactor it. When your product becomes a success, and you absolutely need that part of your codebase to be written, do so, but only then. Ready to launch, now is th etime for some marketing, right? By July 26, I already had a “launchable” product that barely works (I marked this date on a Notion docs, this is how I know). Yet, I had spent almost no time on marketing, sales, whatever. After all, “You build and they will come”. Did I know that I needed marketing? Of course I did, but knowingly didn’t. Why, you might ask. Well, from my perspective, it had to be a dev-heavy product; meaning that you spend most of your time on developing it, mostly coding skills. But, this is simply wrong. As a rule of thumb, as noted by one of the greatests, Marc Louvion, you should spend at least twice of the building time on marketing. ❗️ Time spent on building \* 2 people don’t know your product > they don’t use your product > you don’t get users > you don’t make money Easy as that. Following the same reasoning, a slightly different approach to planning a project is possible. Determine an approximate time to complete the project with a high level project plan. Let’s say 6 months. By the reasoning above, 2 months should go into building, and 4 into marketing. If you need 4 months for building instead of 2, then you need 8 months of marketing, which makes the time to complete the project 12 months. If you don’t have that much time, then quit the project. When does a project count as completed? Well, in reality, never. But, I think we have to define success conditions even before we start for indie projects and startups; so we know when to quit when they are not met. A success condition could look like “Make $6000 in 12 months” or “Have 3000 users in 6 months”. It all depends on the project. But, once you set it, it should be set in stone: You don’t change it unless absolutely necessary. I suspect there are few principles that make a solopreneur successful; and knowing when to quit and when to continue is definitely one of them. Marc Louvion is famously known for his success, but he got there after failing so many projects. To my knowledge, the same applies to Nico Jeannen, Pieter Levels, or almost everyone as well. ❗️ Determining when to continue even before you start will definitely help in the long run. A half-aed launch Time-leap again. Around mid August, I “soft launched” my product. By soft launch, I mean lazy marketing. Just tweeting about it, posting it on free directories. Did I get any traffic? Surely I did. Did I get any users? Nope. Only after this time, it hit me: “Either something is wrong with me, or with this product” Marketing might be a much bigger factor for a project’s success after all. Even though I get some traffic, not convincing enough for people to sign up even for a free trial. The product was still perfect in my eyes at the time (well, still is ^(\_),) so the right people are not finding my product, I thought. Then, a question that I should have been asking at the very first place, one that could prevent all these, comes to my mind: “How do even people search for such tools?” If we are to consider this whole journey of me and my so-far-failed product to be an already destined failure, one metric suffices to show why. Search volume: 30. Even if people have such a pain point, they are not looking for email summaries. So, almost no organic traffic coming from Google. But, as a person who did zero marketing on this or any product, who has zero marketing knowledge, who doesn’t have an audience on social media, there is not much I could do. Finally, it was time to give up. Or not… In my eyes, the most important element that makes a founder (solo or not) successful (this, I am not by any means) is to solve problems. ❗️ So, the problem was this: “People are not finding my product by organic search” How do I make sure I get some organic traffic and gets more visibility? Learn digital marketing and SEO as much as I can within very limited time. Thankfully, without spending much time, I came across Neil Patel's YT channel, and as I said many times, it is an absolute gold mine. I learned a lot, especially about the fundamentals, and surely it will be fruitful; but there is no magic trick that could make people visit your website. SEO certainly helps, but only when people are looking for your keywords. However, it is truly a magical solution to get in touch with REAL people that are in your user segments: 👉 Understand your pains, understand their problems, help them to solve them via building products. I did not do this so far, have to admit. But, in case you would like to have a chat about your email usage, and email productivity, just get in touch; I’d be delighted to hear about them. Getting ready for a ProductHunt launch The date was Sept 1. And I unlocked an impossible achievement: Running out of Supabase’s free plan’s Egres limit while having zero users. I was already considering moving out of their Cloud server and managing a Supabase CLI service on my Hetzner VPS for some time; but never ever suspected that I would have to do this quickly. The cheapest plan Supabase offers is $25/month; yet, at that point, I am in between jobs for such a long time, basically broke, and could barely afford that price. One or two months could be okay, but why pay for it if I will eventually move out of their Cloud service? So, instead of paying $25, I spent two days migrating out of Supabase Cloud. Worth my time? Definitely not. But, when you are broke, you gotta do stupid things. This was the first time that I felt lucky to have zero users: I have no idea how I would manage this migration if I had any. I think this is one of the core tenets of an indie hacker: Controlling their own environment. I can’t remember whose quote this is, but I suspect it was Naval: Entrepreneurs have an almost pathological need to control their own fate. They will take any suffering if they can be in charge of their destiny, and not have it in somebody else’s hands. What’s truly scary is, at least in my case, we make people around us suffer at the expense of our attempting to control our own fates. I know this period has been quite hard on my wife as well, as I neglected her quite a bit, but sadly, I know that this will happen again. It is something that I can barely help with. Still, so sorry. After working the last two weeks on a ProductHunt Launch, I finally launched it this Tuesday. Zero ranking, zero new users, but 36 kind people upvoted my product, and many commented and provided invaluable feedback. I couldn't be more grateful for each one of them 🙏. Considering all these, what lies in the future of Summ though? I have no idea, to be honest. On one hand, I have zero users, have no job, no income. So, I need a way to make money asap. On the other hand, the whole idea of it revolves around one core premise (not an assumption) that I am not so willing to share; and I couldn’t have more trust in it. This might not be the best iteration of it, however I certainly believe that email usage is one of the best problem spaces one could work on. 👉 But, one thing is for certain: I need to get in touch with people, and talk with them about this product I built so far. In fact, this is the only item on my agenda. Nothing else will save my brainchild <3. Below are some other insights and notes that I got during my journey; as they do not 100% fit into this story, I think it is more suitable to list them here. I hope you enjoyed reading this. Give Summ a try, it comes with a generous free trial, no credit card required. Some additional notes and insights: Project planning is one of the most underestimated skills for solopreneurs. It saves you enormous time, and helps you to keep your focus up. Building B2B products beats building B2C products. Businesses are very willing to pay big bucks if your product helps them. On the other hand, spending a few hours per user who would pay $5/m probably is not worth your time. It doesn’t matter how brilliant your product is if no one uses it. If you cannot sell a product in a certain category/niche (or do not know how to sell it), it might be a good idea not to start a project in it. Going after new ideas and ventures is quite risky, especially if you don’t know how to market it. On the other hand, an already established category means that there is already demand. Whether this demand is sufficient or not is another issue. As long as there is enough demand for your product to fit in, any category/niche is good. Some might be better, some might be worse. Unless you are going hardcore B2B, you will need people to find your product by means of organic search. Always conduct thorough keyword research as soon as possible.

I Made $20K in 2 Months by Building in Public on X

Hey everyone, I wanted to share my journey of making $20K in just 2 months by leveraging Twitter (X) and building in public. It’s been an exciting ride, and I hope my story inspires others to take action on their ideas. Here’s exactly what I did: Building in Public I started sharing everything about my work openly. My wins, struggles, and process. I showed: How I build MVPs for clients. The tools I use (Next.js, Supabase, Cursor AI, etc.). The challenges I face and how I solve them. Transparency builds trust, and trust brings clients. Consistency is Key For the past 2 months, I’ve posted consistently on X, even when I felt like no one was watching. Here’s what I focused on: Sharing value (pro tips, workflows, tools). Asking for advice and engaging with my community. Highlighting my projects and client work. Building an audience takes time, but showing up daily pays off. Personal Brand = Inbound Clients I never did any “engagement farming” or gimmicky posts. I just shared my knowledge, and it led to over 35M views on my tweets and 7K followers. Many of these followers turned into inbound client leads. I’ve always believed: Share value for free, and charge for implementation. The Power of Community Engaging with my community on X has been game-changing. People have: Helped refine my processes. Shared valuable tools and advice. Connected me to opportunities I wouldn’t have found otherwise. Key Takeaway: You don’t need a perfect process or a huge following to start. Be consistent. Build in public. Share your journey. In 2 months, I’ve gone from wondering if this would work to making $20K by simply showing up and adding value. If you’re thinking about building in public or starting a personal brand, DO IT. It works. Feel free to ask me anything. I’m happy to share more details about my process, tools, or lessons learned! Let’s build together.

ChatPDF and PDF.ai are making millions using open source tech... here's the code

Why "copy" an existing product? The best SaaS products weren’t the first of their kind - think Slack, Shopify, Zoom, Dropbox, or HubSpot. They didn’t invent team communication, e-commerce, video conferencing, cloud storage, or marketing tools; they just made them better. What is a "Chat with PDF" SaaS? These are AI-powered PDF assistants that let you upload a PDF and ask questions about its content. You can summarize articles, extract key details from a contract, analyze a research paper, and more. To see this in action or dive deeper into the tech behind it, check out this YouTube video. Let's look at the market Made possible by advances in AI like ChatGPT and Retrieval-Augmented Generation (RAG), PDF chat tools started gaining traction in early 2023 and have seen consistent growth in market interest, which is currently at an all-time high (source:google trends) Keywords like "chat PDF" and "PDF AI" get between 1 to 10 million searches every month (source:keyword planner), with a broad target audience that includes researchers, students, and professionals across various industries. Leaders like PDF.ai and ChatPDF have already gained millions of users within a year of launch, driven by the growing market demand, with paid users subscribing at around $20/month. Alright, so how do we build this with open source? The core tech for most PDF AI tools are based on the same architecture. You generate text embeddings (AI-friendly text representations; usually via OpenAI APIs) for the uploaded PDF’s chapters/topics and store them in a vector database (like Pinecone). Now, every time the user asks a question, a similarity search is performed to find the most similar PDF topics from the vector database. The selected topic contents are then sent to an LLM (like ChatGPT) along with the question, which generates a contextual answer! Here are some of the best open source implementations for this process: GPT4 & LangChain Chatbot for large PDF docs by Mayo Oshin MultiPDF Chat App by Alejandro AO PDFToChat by Hassan El Mghari Worried about building signups, user management, payments, etc.? Here are my go-to open-source SaaS boilerplates that include everything you need out of the box: SaaS Boilerplate by Remi Wg Open SaaS by wasp-lang A few ideas to stand out from the noise: Here are a few strategies that could help you differentiate and achieve product market fit (based on the pivot principles from The Lean Startup by Eric Ries): Narrow down your target audience for a personalized UX: For instance, an exam prep assistant for students with study notes and quiz generator; or a document due diligence and analysis tool for lawyers. Add unique features to increase switching cost: You could autogenerate APIs for the uploaded PDFs to enable remote integrations (eg. support chatbot knowledge base); or build in workflow automation features for bulk analyses of PDFs. Offer platform level advantages: You could ship a native mobile/desktop apps for a more integrated UX; or (non-trivial) offer private/offline support by replacing the APIs with local open source deployments (eg. llama for LLM, an embedding model from the MTEB list, and FAISS for vector search). TMI? I’m an ex-AI engineer and product lead, so don’t hesitate to reach out with any questions! P.S. I've started a free weekly newsletter to share open-source/turnkey resources behind popular products (like this one). If you’re a founder looking to launch your next product without reinventing the wheel, please subscribe :)

New Year Resolution: I Will Generate Some Viable SaaS Ideas AND Help You Become a Brand New AI Startup Founder Within 7 Days

Over the Christmas period, I conceived and debuted on some reddit communities, The 7-Day Startup Challenge. The feedback I got from the various communities have been nothing short of fantastic! The 7-Day Startup Challenge simply means leveraging the power of no code platforms like Bubble, Flutterflow, Glide, Thunkable, Softr etc. along with AI APIs to build a functioning MicroSaaS/SaaS within 7 days. I can tailor this around your interests or hobbies so you are more passionate about your new startup. Whether you're a startup novice or a veteran, I am happy to work with you every step of the way. I will work with you from validating and refining your idea(s) to building and publishing your app! I can even work with you on a viable marketing strategy that will help fetch your new startup some revenue within the next 10 to 45 days. Here's what I will provide as part of The 7-Day Startup Challenge A fully validated and refined version of your idea described in technical terms in a shared document A startup name, domain and logo (if you don't have one already) A landing page to capture pre-sign ups, generate some early buzz and index your app on search engines Figma files showing the design of your app(s) Web app (dependent on whether your startup idea requires a web app or a mobile app instead)) iOS app (dependent on whether your startup idea requires a web app or a mobile app instead) Android app (dependent on whether your startup idea requires a web app or a mobile app instead) 1-month of in scope support to fix any bugs and address any issues An outlined marketing strategy you can implement to grow your startup both short and long term. As per tentative timelines, you can expect the following deliverables on schedule Day 1: Secure digital assets such as domain name, hosting, logo etc.; deliver validated and refined version of your startup idea Day 2-3: Landing page & Figma files Day 1-5/6: Build your apps (web app and/or iOS and Android app) Day 6: Evaluations and review if necessary; demo day Day 7: Live launch on web; publish on Android and iOS app stores PS: For more sophisticated ideas (non MicroSaaS), kindly allow approx. 30 days for delivery. I can be as hands on or hands off as you wish. Meaning I can do all the work whilst you sit back and wait for the results OR I can work with you every step of the way to deliver on your demands. For high potential startup ideas, I can partner with you long term to build them out together. I have to be selective because I'm unable to partner together on every single idea out there. Outside of a partnership, all the digital assets (startup name, logo, web app, mobile app etc.) are 100% owned by you. If building an AI SaaS startup via the outlined strategy sounds intriguing enough to you, feel free to send me a DM with any questions you have!

Running and selling multiple side projects alongside a 9-5

My current side project started 56 days ago when I started writing 1,000 words per day. My core businesses are an agency and job board, and I just needed a creative outlet. The likes of Chris Guillebeau and Nathan Barry attribute their progression to writing so I thought I’d see if it might do the same for me. At first I was just vomiting words onto the screen, I made a blog and wrote mainly technical guides related to my skills. Over time I realised I was writing more and more about running a business as a solopreneur, or lean operator. There is tons of content out there giving you the Birds Eye of going from 0 to £10m. Inspiring stuff, but I think there is a void in real content, explaining the nuts and bolts of the how.  What is the day-to-day like for the solopreneurs who make a good living and have plenty of free time? That’s what I’m striving for anyway. I’m not talking about the 7-figure outliers. Or the ones teaching you to make content so you can have a business teaching others how to make content, and so on. I’m also sick of the ‘I made $X in 5 minutes and how you can too’  So, I started chatting to people in my network who run lean businesses and/or side hustles. I ask them a bit about their journey and ask them to teach something - how they operate, or a skill/process/system/tool that other people like you/me will find useful. One of my first chats was with Sam Dickie, who runs multiple side projects so thought I’d share here, see if others find it useful and get some feedback. I’ve removed all links as I’ve never posted on Reddit before so conscious of not being promotional, I’m posting this stuff to a tiny email list of friends with no upsells. Just finding my feet on whether others find it useful or not: — Sam is a serial entrepreneur who builds projects in his spare time whilst working a 9-5. He’s scaled and sold multiple ventures and currently runs one of the best newsletters out there for builders and entrepreneurs. Building audience through newsletters has always been a cornerstone strategy for him, so, along with sharing his advice on solopreneurism, he’s also generously shared his lean newsletter writing process. About Sam Sam is a Senior Product Manager who has spent the last 15 years working in the tech sector after starting his career as a town planner. In addition to his job he spends some of his spare time building side projects. These have included a 3D printing startup, a tech directory, a newsletter, a beta product directory, and consultancy. Sam is the epitome of making a success out of following your interest and curiosity. It’s clear he enjoys his business ventures and builds in a risk-free way.   It’s often touted by business gurus to avoid building around your interests, but Sam bucks the trend successfully. I think he’s someone who has already found his 1,000 true fans.  Descending rabbit holes, Sam’s journey of invention and curation 3D printing Sam’s first foray into launching a startup was with Fiilo, a 3D printing business. This was at the height of the 3D printing craze and he self-admits that he used the launch as an excuse to buy a 3D printer. He ended up with two and launching a product called GrowGo. GrowGo is a sustainable 3D-printed product that turns any bottle into somewhere that you can grow plants and herbs. He eventually sold this business and the printers, making around £10k. Along the way, he was exposed to various business tasks, including building a website in Weebly, the biggest nocode website builder of the time, and built an API that enabled print on demand for his product. NoCode.Tech The experiences of building as someone non-technical led to numerous friends asking how he built all of this tech. Back then, nocode wasn’t popular, and it had almost zero search volume, so Sam created a basic directory. A quick landing page on Weebly with a basic value prop, a short explanation and a list of the tools he had used before. It hit the top spot on Product Hunt, and he landed 2,000 subscribers in the first 48 hours. But, he hadn’t built it at this point, so he set about getting to work. He built the directory and list to 30,000 subs and monetised the site through advertising. At its peak with Sam, it was receiving about £2,000 per month in ad revenue. He was still working his 9-5 at this point, so thought it might be a good time to exit. The site was still growing, but it was becoming anxiety inducing whilst he was still working full-time. So, he ended up selling the site and making friend’s with the buyer. Fast forwarding a bit, Nocode.tech was eventually acquired by Stackr, a nocode app. Sam was working for their competitor at the time and ended up being offered a job by his friend who acquired the site. All of this from a side project in his area of passion. Creator Club After selling the directory, Sam lost his outlet for sharing his tools and learnings.  Being fascinated with curation and loving sifting through for nuggets, he invested more time into his personal website and launched Creator Club newsletter. Sam writes monthly and currently has over 8,000 subs. It’s one of the few newsletters that I let bypass my email filters and land in my main inbox. Life as a Part-Time Multipreneur Side Hustler If it’s not obvious already Sam is a curiosity led business creator. He’s found that the products without a revenue focus or intention have ironically outperformed those created for the sole purpose of creating money. He enjoys working on his side hustles. He could have run the Nocode.Tech for 10 more years and wouldn’t have tired of it as it’s a byproduct of his interest. For this reason, he has also created the Beta Directory, simply because he loves unearthing early-stage products. He admits he gets the fear when he thinks about quitting his 9-5, although he suspects if he devoted the same energy to one of his projects it could replace his income (no doubts from me here). This same fear means that he can run his ventures with less fear. This way, he can experiment with freedom and isn’t risking the ranch with a young family to consider. For example, recently he stopped paid sponsors on his newsletter as it was more stress than the value of the income to him. Sam divides his time on evenings and weekends (unequally) between the following: Creator Club Validation Co Beta directory Consultancy The pure side hustle status magnifies the need to run lean, let’s jump into his process…. Sam’s lean newsletter curation and creation process Starting out publishing his personal newsletter Going against his expertise, Sam originally over-engineered his process.  He curated with Feedly and tried to automate the full writing process with Zapier. The trouble is that there are too many points of failure which can lead the whole  chain to break down, and you spend more time fixing the system. For a 200 subscriber newsletter, he needed to pare things back. His set-up now Sam scaled back and now simple builds automations when he needs them. He keeps the process simple, right down to the design and any welcome automations. Keeping things real We touched on the trend that keeping things raw is better. Content has come full circle with the advent of AI. Everything looks too perfect and consequently, people’s tastes are changing. Sam mentioned watermarks that show content isn’t AI written, and we referenced content such as Greg Isenberg’s sketches, and Chris Donnelly’s image posts. \\Step by Step Process:\\ Using Stoop Inbox to manage sources Curation with Pocket Managing content with Airtable and Zapier Using Bearly to summarise Substack for writing Monitoring content sources Sam uses Stoop Inbox, an RSS curation tool, to manage his content sources. It gives him a dedicated email address for newsletters and he follows an Inbox Zero methodology. He checks in daily in Stoop, and on X, Reddit and IndieHackers. With X, he just uses the standard interface but has been careful to curate his feed, sometimes adding in extra notifications to hear from interesting people. Highlighting content When curating links, Sam uses Arc browser and the Pocket extension to save links. It’s super simple and lightweight. He creates tags which trigger an automation that curates the link to Airtable. If you watch the video, here’s a shoutout to Alice, the AI interface I use which has recently featured on Product Hunt. It’s a fantastic tool with bags of potential to enhance a solopreneur’s life. Ranking and sorting content He sends the links indexed using Pocket to a basic Airtable base via Zapier. From there, he grades the content and sets aside some time to read it in more depth. Pocket pulls through the title, metadata, and URL link. Review Sam does this manually but has used a tool as a shortcut for digesting long form content — Bearly.ai. Bearly.ai was created by Trung Phan and linking back to raw content, Trung is 1/3 of the hosts on the Not Investment Advice podcast. Its irreverent style and thumbnail are an example of a successful podcast that doesn’t over polish. Writing it all up Being a huge Notion fan (check out the free templates on his site), Sam originally used Notion for writing and linked it into Revue. When Elon sunsetted Revue, he switched to Substack. He loves the Substack interface so drafts in Substack based on a duplication of last month’s edition. Before publishing, Sam runs through a 10-point Notion checklist, which he shared with me. Parting Advice Keep your tool stack as lean as possible. Avoid tool switching to the shiny new object. Getting launched quickly is key. Don’t think that you have to be everywhere for distribution, Sam sticks with what he knows on X and LinkedIn. Overall, he advises just keeping things simple and therefore minimising risk. Resources He says they’re cliche, but I don’t agree; they’re timeless. Paul Graham of Y Combinator is someone Sam recommends following. He doesn’t write much, which is great as Sam gets anxiety when someone good often writes and he can’t keep up with the writing. His content is well thought out and distills complex concepts in entrepreneurship and startups. In addition, Sam loves Naval Ravikant’s approach. He mentions checking out the Almanac of Naval Ravikant for collected wisdom. Follow Sam’s Journey Again, not going to link here but you can find Sam’s stuff easily enough if you want to. His personal website is beautiful and contains loads of free downloads. He has also curated personal websites he admires if you need some inspiration. Sam is a super nice guy so reach out to him, I did before I started my personal blog recently, and he gave me some great advice. Also, worth keeping an eye on Validation Co, where he aims to help early-stage makers and creators validate their ideas. He’s building super slow — trying to enjoy the process without unachievable deadlines. Maintaining his stamina and passion. Amazing, I hope he writes more about that soon! -- That’s my second shot at an interview, hope you enjoyed it and found something useful in it. I’m talking to a marketplace founder who spends 2–3 hours per month his project, a multiple job board owner with a 9-5 and a leading book designer next. As this is my side project, should I keep going?

Solopreneur making $40k MRR with a No Code SaaS sideproject

Hey, I'm Elias and I do case studies analyzing successful startups and solopreneurs. I wanted to share the summarized version of this one with you because this entrepreneurial journey blew my mind. This post will be about FormulaBot (ExcelFormulaBot), an AI No Code SaaS founded by David Bressler back in August 2022. FormulaBot is currently making $40k MRR (monthly recurring revenue). How did the founder come up with the idea. David is a data guy who worked in analytics for several years. In July 2022, David got really interested in AI, especially ChatGPT. One night, he tried it out at home, just like we all did back in the time. But in his case, trying ChatGPT gave him a big idea. That idea ended up making him a lot of money and changing the life of 750 million people who use Excel. That night David started by asking GPT easy questions, then complex ones. Since he used Excel a lot and helped his colleagues with it, he thought about an AI that could make Excel easier, like generating formulas from text. He looked online but found nothing. Seeing a big chance, he decided to do something about it. What challenges did the founder face. But David didn’t have any idea about how to develop an app. However, with no-code tools this is not a problem anymore. He discovered Bubble, a no-code web app tool that could connect with the OpenAI API.After, learning Bubble from YouTube tutorials and through trial and error and spending his nights studying the OpenAI API documentation, he launched the first version of the app in around three weeks. Strategies that made the project successful. David validated his idea by posting about ExcelFormulaBot on a Reddit Excel subreddit, receiving surprising attention with 10,000 upvotes. This encouraged him to offer the tool for free to gather feedback. Facing a hefty $4,999 API bill after the Reddit post, David quickly monetized his product with a subscription-based SaaS website. On launch day, 82 customers signed up, surpassing his expectations. A successful Product Hunt launch followed, generating $2.4k in sales within 24 hours, and a TikTok influencer with 4.5 million followers brought in thousands of new users overnight with a viral video. Marketing approach: -Paid ads: FormulaBot boosted website traffic with Paid Ads, notably on Google Ads, prioritizing Quality Score. This ensured ads aligned better with user searches, maximizing visibility and cost-efficiency, targeting those seeking Excel formula assistance. -SEO: a) Content/Keyword optimization: FormulaBot improved its SEO by making helpful pages about Excel formulas, like guides on topics such as "How to use SUMIFS." b) Site Speed Enhancement: David boosted FormulaBot's marketing site speed by moving it from Bubble to Framer, aiming to improve user experience and SEO performance. c) On-page optimization: David optimized FormulaBot's on-page elements by adjusting title tags, meta descriptions, and content to enhance SEO performance and align with search intent. These strategic refinements aimed to address ranking declines and emphasize FormulaBot's uniqueness, ultimately improving its visibility and competitiveness in search results. -Virality: FormulaBot went viral as users found it highly useful and cool. Influencers on platforms like TikTok and Twitter shared it with their followers because they found it valuable. Offering numerous free features further enhanced its appeal. Lessons: successes and mistakes. ✅ Leverage industry expertise: David identified a problem in analytics and used his experience to start an online business addressing it, turning an industry challenge into a profitable venture. ✅ Embrace learning new skills: Despite lacking initial technical know-how, David learned what he needed to develop the software himself, demonstrating a commitment to continuous learning and adaptability crucial for success. ❌ Minimize dependency on third parties: Relying solely on the ChatGPT API poses risks for FormulaBot. Any issues with the API could disrupt functionality and limit scalability. ⁉️ Caution with free tools: Offering a free tool can attract users and drive viral growth, but converting them to paying customers is challenging. Avoid relying solely on a 100% free model unless your revenue comes from non-user sources like ads. For businesses dependent on user subscriptions or purchases, balancing user attraction with conversion challenges is crucial. How could you replicate this idea step-by-step. To replicate the success of FormulaBot and similar AI wrapper startups, it's crucial to tread carefully in a competitive market. Avoid mere replication of existing solutions unless you can offer something distinct or superior. Consider these steps to effectively develop an AI Wrapper/ChatGPT wrapper product using Bubble as a no-code tool: Design the user interface: Utilize Bubble's drag-and-drop editor to create a user-friendly interface with input fields, buttons, and result displays. Set up workflows: Define workflows to connect the interface with the ChatGPT API, enabling seamless interaction between users and the AI. Integrate the ChatGPT API: Obtain the API key from OpenAI and integrate it into your app using Bubble's API connector feature. Test and gather feedback: Thoroughly test your app, soliciting feedback to refine functionality and usability. Refine and optimize: Continuously improve your app based on user input and testing results to enhance performance and user experience. The in-depth version of the case study was originally posted here. Feel free to comment if you have any questions, and let me know which similar ideas you'd like me to analyze.

How I Built a $6k/mo Business with Cold Email

I scaled my SaaS to a $6k/mo business in under 6 months completely using cold email. However, the biggest takeaway for me is not a business that’s potentially worth 6-figure. It’s having a glance at the power of cold emails in the age of AI. It’s a rapidly evolving yet highly-effective channel, but no one talks about how to do it properly. Below is the what I needed 3 years ago, when I was stuck with 40 free users on my first app. An app I spent 2 years building into the void. Entrepreneurship is lonely. Especially when you are just starting out. Launching a startup feel like shouting into the dark. You pour your heart out. You think you have the next big idea, but no one cares. You write tweets, write blogs, build features, add tests. You talk to some lukewarm leads on Twitter. You do your big launch on Product Hunt. You might even get your first few sales. But after that, crickets... Then, you try every distribution channel out there. SEO Influencers Facebook ads Affiliates Newsletters Social media PPC Tiktok Press releases The reality is, none of them are that effective for early-stage startups. Because, let's face it, when you're just getting started, you have no clue what your customers truly desire. Without understanding their needs, you cannot create a product that resonates with them. It's as simple as that. So what’s the best distribution channel when you are doing a cold start? Cold emails. I know what you're thinking, but give me 10 seconds to change your mind: When I first heard about cold emailing I was like: “Hell no! I’m a developer, ain’t no way I’m talking to strangers.” That all changed on Jan 1st 2024, when I actually started sending cold emails to grow. Over the period of 6 months, I got over 1,700 users to sign up for my SaaS and grew it to a $6k/mo rapidly growing business. All from cold emails. Mastering Cold Emails = Your Superpower I might not recommend cold emails 3 years ago, but in 2024, I'd go all in with it. It used to be an expensive marketing channel bootstrapped startups can’t afford. You need to hire many assistants, build a list, research the leads, find emails, manage the mailboxes, email the leads, reply to emails, do meetings. follow up, get rejected... You had to hire at least 5 people just to get the ball rolling. The problem? Managing people sucks, and it doesn’t scale. That all changed with AI. Today, GPT-4 outperforms most human assistants. You can build an army of intelligent agents to help you complete tasks that’d previously be impossible without human input. Things that’d take a team of 10 assistants a week can now be done in 30 minutes with AI, at far superior quality with less headaches. You can throw 5000 names with website url at this pipeline and you’ll automatically have 5000 personalized emails ready to fire in 30 minutes. How amazing is that? Beyond being extremely accessible to developers who are already proficient in AI, cold email's got 3 superpowers that no other distribution channels can offer. Superpower 1/3 : You start a conversation with every single user. Every. Single. User. Let that sink in. This is incredibly powerful in the early stages, as it helps you establish rapport, bounce ideas off one another, offer 1:1 support, understand their needs, build personal relationships, and ultimately convert users into long-term fans of your product. From talking to 1000 users at the early stage, I had 20 users asking me to get on a call every week. If they are ready to buy, I do a sales call. If they are not sure, I do a user research call. At one point I even had to limit the number of calls I took to avoid burnout. The depth of the understanding of my customers’ needs is unparalleled. Using this insight, I refined the product to precisely cater to their requirements. Superpower 2/3 : You choose exactly who you talk to Unlike other distribution channels where you at best pick what someone's searching for, with cold emails, you have 100% control over who you talk to. Their company Job title Seniority level Number of employees Technology stack Growth rate Funding stage Product offerings Competitive landscape Social activity (Marital status - well, technically you can, but maybe not this one…) You can dial in this targeting to match your ICP exactly. The result is super low CAC and ultra high conversion rate. For example, My competitors are paying $10 per click for the keyword "HARO agency". I pay $0.19 per email sent, and $1.92 per signup At around $500 LTV, you can see how the first means a non-viable business. And the second means a cash-generating engine. Superpower 3/3 : Complete stealth mode Unlike other channels where competitors can easily reverse engineer or even abuse your marketing strategies, cold email operates in complete stealth mode. Every aspect is concealed from end to end: Your target audience Lead generation methods Number of leads targeted Email content Sales funnel This secrecy explains why there isn't much discussion about it online. Everyone is too focused on keeping their strategies close and reaping the rewards. That's precisely why I've chosen to share my insights on leveraging cold email to grow a successful SaaS business. More founders need to harness this channel to its fullest potential. In addition, I've more or less reached every user within my Total Addressable Market (TAM). So, if any competitor is reading this, don't bother trying to replicate it. The majority of potential users for this AI product are already onboard. To recap, the three superpowers of cold emails: You start a conversation with every single user → Accelerate to PMF You choose exactly who you talk to → Super-low CAC Complete stealth mode → Doesn’t attract competition By combining the three superpowers I helped my SaaS reach product-marketing-fit quickly and scale it to $6k per month while staying fully bootstrapped. I don't believe this was a coincidence. It's a replicable strategy for any startup. The blueprint is actually straightforward: Engage with a handful of customers Validate the idea Engage with numerous customers Scale to $5k/mo and beyond More early-stage founders should leverage cold emails for validation, and as their first distribution channel. And what would it do for you? Update: lots of DM asking about more specifics so I wrote about it here. https://coldstartblueprint.com/p/ai-agent-email-list-building

I Launched a Side Project That People Love, But Scaling It Is Brutal

I Built a Side Project with Great Engagement—But It’s Still Not Making Money Six months ago, I started a side project in the consumer AI space: opencharacter.org. It’s been a grind, but I’ve built something people actually love—high retention, strong engagement, and users spending a ton of time on the platform. By all product metrics, it’s a success. But financially? It’s not quite there yet. The biggest challenge hasn’t been technical, managing infrastructure, or even dealing with a community. It’s distribution. Getting people to actually find and use your side project at scale is insanely hard. What’s Worked Reddit – Thoughtful, non-spammy comments in relevant threads drove early users. Instagram – Short-form videos brought in surprising traction. Paid ads – Somewhat effective, but tough to balance customer acquisition costs and revenue. What Hasn’t (Yet) TikTok – Dozens of videos later, still struggling to make it a reliable growth channel. Discord – Great for engagement, but not a strong acquisition channel. Recently, I brought on a co-founder who has done over 100 million views on Instagram Reels in under two years, so I’m hopeful we can crack the growth formula. Because without a scalable system for getting users, even a great side project won’t reach its potential. If I could start over, I’d think much more about distribution before building. Would love to hear from others—how do you drive growth for your side project?

Things I did to promote my product, and how they turned out

(I will share more updates in the future, you can find me on Twitter and/or Mastodon) Ask any ten indie developers about the toughest part of their job, and nine will likely say "marketing." I recently got a taste of this firsthand when I launched Xylect. Here's a rundown of my promotional attempts - hopefully, my experiences can help fellow developers out there. Podcast Community (✅ Success) I kicked things off by promoting Xylect in my podcast listener group. It wasn't a blockbuster, but I managed to sell a few copies and got some invaluable feedback from friends. Shoutout to those early supporters! Reddit r/macapps (✅ Success) Having had some luck promoting open-source projects on Reddit before, I decided to make r/macapps my first stop in the English-speaking world. I made an app to help you automate boring tasks with one click This post turned out to be a hit! I sold about ten copies and got a ton of useful feedback. Users pointed out compatibility issues with PopClip and suggested improvements for the website. One Italian user even requested localization, which I happily added. https://preview.redd.it/y4fuwh6hleqd1.png?width=959&format=png&auto=webp&s=7bb1b68cbf8a4f94998999e0832b9b7bd85bac67 https://preview.redd.it/8uu4cmyhleqd1.png?width=683&format=png&auto=webp&s=8f1744636aee8074b0e7491a334ef06076b143b0 I also got an intriguing email from a French user - more on that later. More Reddit Posts (❌ Failure) Riding high on my r/macapps success, I branched out to r/SideProject, r/Entrepreneur, and r/indiehackers. These subreddits frown upon direct self-promotion, so I took a softer approach with an article: The unexpected emotional cost of being an indiehacker While the article was heartfelt, it fell flat. Across all three posts, I got a grand total of three comments - two of which were complaints about the font size on mobile. Needless to say, I didn't sell a single copy. Hacker News (❌ Failure) As one of the tech world's major forums, I had to give Hacker News a shot. I wasn't too optimistic, given my past experiences there. Posting on HN feels like a mix of luck and dark magic. As expected, my post vanished without a trace - no comments, no sales. I might give it another go someday. If you're curious, you can check out my previous HN submissions. Tools Directory Websites (❌ Failure) These sites have a simple premise: you list your app, they display it. Seemed like an easy way to get some backlinks, right? Well, I learned the hard way that it's not that simple. I stumbled upon a Reddit post where someone claimed to have made a killing with their directory site in just a few days. The catch? Each listing cost $19. The site had a handful of apps listed, so I thought, "Why not? Early bird gets the worm." I paid up and listed Xylect. Spoiler alert: all I got was $19 poorer 🥲 Lesson learned: These directory sites won't magically sell your product. At best, they're just glorified backlinks. There might be some value in paid promotions on these platforms, but I can't speak to that from experience. V2EX (❌ Failure) After striking out in the English-speaking world, I turned my attention to the Chinese market, starting with V2EX (think of it as China's hybrid of HN and Reddit). This turned out to be my most unexpected flop. Here's the post: [\[Launch Discount\] Mac's most powerful AI search (Perplexity + Wikipedia + Google), boost your efficiency tenfold with one click. No API key required, no prompt needed, no token limit 🔥 - V2EX](https://www.v2ex.com/t/1064930?p=1#reply36) I'd seen decent engagement on other promo posts, so I had high hopes. I posted late at night (US time) and went to bed dreaming of waking up to a flood of comments. Reality check: The next morning, I had exactly one reply - from Kilerd, a loyal podcast listener showing some love. I was baffled. After re-reading my post, I realized I'd missed a crucial element: promo codes. A quick scan of popular posts confirmed my suspicion. Nearly every successful promo post was offering codes, and most comments were just base64-encoded email addresses. Talk about a facepalm moment. I scrambled to add a note about an upcoming free trial and invited users to drop their emails. This got the ball rolling with some code requests, but by then, the damage was done. The post fizzled out, and I didn't sell a single copy 🫠 A French Friend's Newsletter (✅ Success) At this point, my promotional efforts were looking pretty grim. My sales chart had a depressing stretch of flatline. But then, a glimmer of hope appeared in my inbox. Remember that French user I mentioned earlier? He ran a newsletter called vvmac and offered to feature Xylect if I added French support and sent him a free license. It was an offer I couldn't refuse. What followed was a crash course in French localization (thank you, Claude!) and the start of an incredible partnership. This guy was the most thorough beta tester I've ever encountered. We exchanged over sixty emails, covering everything from translations to UI tweaks to bug fixes. His response time was lightning-fast - I'd fix a bug, and five minutes later, he'd confirm it was sorted. The result? A much-improved Xylect and a glowing feature in his newsletter. https://preview.redd.it/ylcq2wxoleqd1.png?width=991&format=png&auto=webp&s=ee395110f50417d5c7f61318f27bf3dc30247809 I'm still in awe of his dedication. He single-handedly transformed Xylect from a buggy mess into a polished product. I'll be forever grateful for his help. The newsletter feature led to a few more sales, but honestly, that felt like a bonus at that point. Influencers (❌ Failure) I knew from the start that to really make waves, I'd need influencer backing. So, I added a note offering free licenses to content creators willing to collaborate. https://preview.redd.it/tyb2m1rqleqd1.png?width=799&format=png&auto=webp&s=56eabf126e772515322595613c546e6ba69fb431 I did get one taker: Hey, I'll be honest, I am not a huge content creator but I think I put a lot of effort in evaluating and figuring out which apps work... So I was wondering if I could get a license in case you are willing to share it. Thank you for considering. Have a great weekend. But I knew I needed to aim higher. With the new French localization, I thought I'd try my luck with some French-speaking Mac YouTubers. I crafted emails highlighting how Xylect could help their French audience with English content. https://preview.redd.it/07oqzemrleqd1.png?width=542&format=png&auto=webp&s=3d160c1d149f28e9029816a277c6ab2496fcd57e After days of silence, I got one reply. It was... not what I was hoping for: Hi, Thank you for your proposal. I can help you to promote your service on Tiktok, Instagram et YouTube, with unique short video. Price for this project is 3500€. Unless I've completely lost my marbles, there's no way I'm dropping 3500€ on promotion. Sure, given their follower count (YouTube: 348K, TikTok: 2.7M, Instagram: 400K), it's not an outrageous ask. For some products, it might even be worth it. But for Xylect? No way. I also reached out to a Chinese influencer on Xiaohongshu, but they weren't interested. Back to the drawing board. Conclusion If you've made it this far, you've probably realized this isn't exactly a success story. My search for effective promotional channels came up largely empty-handed. I'd naively thought that my success with open-source projects would translate seamlessly to the indie dev world. Boy, was I wrong. As I mentioned in my previous article, open-source projects create a dynamic where users feel indebted to developers for their free labor. But in the commercial world of indie development, that dynamic completely flips. While this experience was often frustrating, it was also enlightening - which was kind of the point. As my first foray into indie development, my main goal was to learn the ropes and understand the process. Making money would've been nice, sure, but it wasn't my primary focus. Thanks for sticking with me through this post. I will share more updates in the future, you can follow me on  Twitter and/or Mastodon.

I spent 6 months on a web app as a side project, and got 0 users. Here is my story.

Edit Thank you all so much for your time reading my story. Your support, feedback, criticism, and skepticism; all helped me a lot, and I couldn't appreciate it enough \^\_\^ I very rarely have stuff to post on Reddit, but I share how my project is going on, just random stuff, and memes on X. In case few might want to keep up 👀 TL;DR I spent 6 months on a tool that currently has 0 users. Below is what I learned during my journey, sharing because I believe most mistakes are easily avoidable. Do not overestimate your product and assume it will be an exception to fundamental principles. Principles are there for a reason. Always look for validation before you start. Avoid building products with a low money-to-effort ratio/in very competitive fields. Unless you have the means, you probably won't make it. Pick a problem space, pick your target audience, and talk to them before thinking about a solution. Identify and match their pain points. Only then should you think of a solution. If people are not overly excited or willing to pay in advance for a discounted price, it might be a sign to rethink. Sell one and only one feature at a time. Avoid everything else. If people don't pay for that one core feature, no secondary feature will change their mind. Always spend twice as much time marketing as you do building. You will not get users if they don't know it exists. Define success metrics ("1000 users in 3 months" or "$6000 in the account at the end of 6 months") before you start. If you don't meet them, strongly consider quitting the project. If you can't get enough users to keep going, nothing else matters. VALIDATION, VALIDATION, VALIDATION. Success is not random, but most of our first products will not make a success story. Know when to admit failure, and move on. Even if a product of yours doesn't succeed, what you learned during its journey will turn out to be invaluable for your future. My story So, this is the story of a product that I’ve been working on for the last 6 months. As it's the first product I’ve ever built, after watching you all from the sidelines, I have learned a lot, made many mistakes, and did only a few things right. Just sharing what I’ve learned and some insights from my journey so far. I hope that this post will help you avoid the mistakes I made — most of which I consider easily avoidable — while you enjoy reading it, and get to know me a little bit more 🤓. A slow start after many years Summ isn’t the first product I really wanted to build. Lacking enough dev skills to even get started was a huge blocker for so many years. In fact, the first product I would’ve LOVED to build was a smart personal shopping assistant. I had this idea 4 years ago; but with no GPT, no coding skills, no technical co-founder, I didn’t have the means to make it happen. I still do not know if such a tool exists and is good enough. All I wanted was a tool that could make data-based predictions about when to buy stuff (“buy a new toothpaste every three months”) and suggest physical products that I might need or be strongly interested in. AFAIK, Amazon famously still struggles with the second one. Fast-forward a few years, I learned the very basics of HTML, CSS, and Vanilla JS. Still was not there to build a product; but good enough to code my design portfolio from scratch. Yet, I couldn’t imagine myself building a product using Vanilla JS. I really hated it, I really sucked at it. So, back to tutorial hell, and to learn about this framework I just heard about: React.React introduced so many new concepts to me. “Thinking in React” is a phrase we heard a lot, and with quite good reasons. After some time, I was able to build very basic tutorial apps, both in React, and React Native; but I have to say that I really hated coding for mobile. At this point, I was already a fan of productivity apps, and had a concept for a time management assistant app in my design portfolio. So, why not build one? Surely, it must be easy, since every coding tutorial starts with a todo app. ❌ WRONG! Building a basic todo app is easy enough, but building one good enough for a place in the market was a challenge I took and failed. I wasted one month on that until I abandoned the project for good. Even if I continued working on it, as the productivity landscape is overly competitive, I wouldn’t be able to make enough money to cover costs, assuming I make any. Since I was (and still am) in between jobs, I decided to abandon the project. 👉 What I learned: Do not start projects with a low ratio of money to effort and time. Example: Even if I get 500 monthly users, 200 of which are paid users (unrealistically high number), assuming an average subscription fee of $5/m (such apps are quite cheap, mostly due to the high competition), it would make me around $1000 minus any occurring costs. Any founder with a product that has 500 active users should make more. Even if it was relatively successful, due to the high competition, I wouldn’t make any meaningful money. PS: I use Todoist today. Due to local pricing, I pay less than $2/m. There is no way I could beat this competitive pricing, let alone the app itself. But, somehow, with a project that wasn’t even functional — let alone being an MVP — I made my first Wi-Fi money: Someone decided that the domain I preemptively purchased is worth something. By this point, I had already abandoned the project, certainly wasn’t going to renew the domain, was looking for a FT job, and a new project that I could work on. And out of nowhere, someone hands me some free money — who am I not to take it? Of course, I took it. The domain is still unused, no idea why 🤔. Ngl, I still hate the fact that my first Wi-Fi money came from this. A new idea worth pursuing? Fast-forward some weeks now. Around March, I got this crazy idea of building an email productivity tool. We all use emails, yet we all hate them. So, this must be fixed. Everyone uses emails, in fact everyone HAS TO use emails. So, I just needed to build a tool and wait for people to come. This was all, really. After all, the problem space is huge, there is enough room for another product, everyone uses emails, no need for any further validation, right? ❌ WRONG ONCE AGAIN! We all hear from the greatest in the startup landscape that we must validate our ideas with real people, yet at least some of us (guilty here 🥸) think that our product will be hugely successful and prove them to be an exception. Few might, but most are not. I certainly wasn't. 👉 Lesson learned: Always validate your ideas with real people. Ask them how much they’d pay for such a tool (not if they would). Much better if they are willing to pay upfront for a discount, etc. But even this comes later, keep reading. I think the difference between “How much” and “If” is huge for two reasons: (1) By asking them for “How much”, you force them to think in a more realistic setting. (2) You will have a more realistic idea on your profit margins. Based on my competitive analysis, I already had a solution in my mind to improve our email usage standards and email productivity (huge mistake), but I did my best to learn about their problems regarding those without pushing the idea too hard. The idea is this: Generate concise email summaries with suggested actions, combine them into one email, and send it at their preferred times. Save as much as time the AI you end up with allows. After all, everyone loves to save time. So, what kind of validation did I seek for? Talked with only a few people around me about this crazy, internet-breaking idea. The responses I got were, now I see, mediocre; no one got excited about it, just said things along the lines of “Cool idea, OK”. So, any reasonable person in this situation would think “Okay, not might not be working”, right? Well, I did not. I assumed that they were the wrong audience for this product, and there was this magical land of user segments waiting eagerly for my product, yet unknowingly. To this day, I still have not reached this magical place. Perhaps, it didn’t exist in the first place. If I cannot find it, whether it exists or not doesn’t matter. I am certainly searching for it. 👉 What I should have done: Once I decide on a problem space (time management, email productivity, etc.), I should decide on my potential user segments, people who I plan to sell my product to. Then I should go talk to those people, ask them about their pains, then get to the problem-solving/ideation phase only later. ❗️ VALIDATION COMES FROM THE REALITY OUTSIDE. What validation looks like might change from product to product; but what invalidation looks like is more or less the same for every product. Nico Jeannen told me yesterday “validation = money in the account” on Twitter. This is the ultimate form of validation your product could get. If your product doesn’t make any money, then something is invalidated by reality: Your product, you, your idea, who knows? So, at this point, I knew a little bit of Python from spending some time in tutorial hell a few years ago, some HTML/CSS/JS, barely enough React to build a working app. React could work for this project, but I needed easy-to-implement server interactivity. Luckily, around this time, I got to know about this new gen of indie hackers, and learned (but didn’t truly understand) about their approach to indie hacking, and this library called Nextjs. How good Next.js still blows my mind. So, I was back to tutorial hell once again. But, this time, with a promise to myself: This is the last time I would visit tutorial hell. Time to start building this "ground-breaking idea" Learning the fundamentals of Next.js was easier than learning of React unsurprisingly. Yet, the first time I managed to run server actions on Next.js was one of the rarest moments that completely blew my mind. To this day, I reject the idea that it is something else than pure magic under its hood. Did I absolutely need Nextjs for this project though? I do not think so. Did it save me lots of time? Absolutely. Furthermore, learning Nextjs will certainly be quite helpful for other projects that I will be tackling in the future. Already got a few ideas that might be worth pursuing in the head in case I decide to abandon Summ in the future. Fast-forward few weeks again: So, at this stage, I had a barely working MVP-like product. Since the very beginning, I spent every free hour (and more) on this project as speed is essential. But, I am not so sure it was worth it to overwork in retrospect. Yet, I know I couldn’t help myself. Everything is going kinda smooth, so what’s the worst thing that could ever happen? Well, both Apple and Google announced their AIs (Apple Intelligence and Google Gemini, respectively) will have email summarization features for their products. Summarizing singular emails is no big deal, after all there were already so many similar products in the market. I still think that what truly matters is a frictionless user experience, and this is why I built this product in a certain way: You spend less than a few minutes setting up your account, and you get to enjoy your email summaries, without ever visiting its website again. This is still a very cool concept I really like a lot. So, at this point: I had no other idea that could be pursued, already spent too much time on this project. Do I quit or not? This was the question. Of course not. I just have to launch this product as quickly as possible. So, I did something right, a quite rare occurrence I might say: Re-planned my product, dropped everything secondary to the core feature immediately (save time on reading emails), tried launching it asap. 👉 Insight: Sell only one core feature at one time. Drop anything secondary to this core feature. Well, my primary occupation is product design. So one would expect that a product I build must have stellar design. I considered any considerable time spent on design at this stage would be simply wasted. I still think this is both true and wrong: True, because if your product’s core benefits suck, no one will care about your design. False, because if your design looks amateurish, no one will trust you and your product. So, I always targeted an average level design with it and the way this tool works made it quite easy as I had to design only 2 primary pages: Landing page and user portal (which has only settings and analytics pages). However, even though I knew spending time on design was not worth much of my time, I got a bit “greedy”: In fact, I redesigned those pages three times, and still ended up with a so-so design that I am not proud of. 👉 What I would do differently: Unless absolutely necessary, only one iteration per stage as long as it works. This, in my mind, applies to everything. If your product’s A feature works, then no need to rewrite it from scratch for any reason, or even refactor it. When your product becomes a success, and you absolutely need that part of your codebase to be written, do so, but only then. Ready to launch, now is th etime for some marketing, right? By July 26, I already had a “launchable” product that barely works (I marked this date on a Notion docs, this is how I know). Yet, I had spent almost no time on marketing, sales, whatever. After all, “You build and they will come”. Did I know that I needed marketing? Of course I did, but knowingly didn’t. Why, you might ask. Well, from my perspective, it had to be a dev-heavy product; meaning that you spend most of your time on developing it, mostly coding skills. But, this is simply wrong. As a rule of thumb, as noted by one of the greatests, Marc Louvion, you should spend at least twice of the building time on marketing. ❗️ Time spent on building \* 2 people don’t know your product > they don’t use your product > you don’t get users > you don’t make money Easy as that. Following the same reasoning, a slightly different approach to planning a project is possible. Determine an approximate time to complete the project with a high level project plan. Let’s say 6 months. By the reasoning above, 2 months should go into building, and 4 into marketing. If you need 4 months for building instead of 2, then you need 8 months of marketing, which makes the time to complete the project 12 months. If you don’t have that much time, then quit the project. When does a project count as completed? Well, in reality, never. But, I think we have to define success conditions even before we start for indie projects and startups; so we know when to quit when they are not met. A success condition could look like “Make $6000 in 12 months” or “Have 3000 users in 6 months”. It all depends on the project. But, once you set it, it should be set in stone: You don’t change it unless absolutely necessary. I suspect there are few principles that make a solopreneur successful; and knowing when to quit and when to continue is definitely one of them. Marc Louvion is famously known for his success, but he got there after failing so many projects. To my knowledge, the same applies to Nico Jeannen, Pieter Levels, or almost everyone as well. ❗️ Determining when to continue even before you start will definitely help in the long run. A half-aed launch Time-leap again. Around mid August, I “soft launched” my product. By soft launch, I mean lazy marketing. Just tweeting about it, posting it on free directories. Did I get any traffic? Surely I did. Did I get any users? Nope. Only after this time, it hit me: “Either something is wrong with me, or with this product” Marketing might be a much bigger factor for a project’s success after all. Even though I get some traffic, not convincing enough for people to sign up even for a free trial. The product was still perfect in my eyes at the time (well, still is ^(\_),) so the right people are not finding my product, I thought. Then, a question that I should have been asking at the very first place, one that could prevent all these, comes to my mind: “How do even people search for such tools?” If we are to consider this whole journey of me and my so-far-failed product to be an already destined failure, one metric suffices to show why. Search volume: 30. Even if people have such a pain point, they are not looking for email summaries. So, almost no organic traffic coming from Google. But, as a person who did zero marketing on this or any product, who has zero marketing knowledge, who doesn’t have an audience on social media, there is not much I could do. Finally, it was time to give up. Or not… In my eyes, the most important element that makes a founder (solo or not) successful (this, I am not by any means) is to solve problems. ❗️ So, the problem was this: “People are not finding my product by organic search” How do I make sure I get some organic traffic and gets more visibility? Learn digital marketing and SEO as much as I can within very limited time. Thankfully, without spending much time, I came across Neil Patel's YT channel, and as I said many times, it is an absolute gold mine. I learned a lot, especially about the fundamentals, and surely it will be fruitful; but there is no magic trick that could make people visit your website. SEO certainly helps, but only when people are looking for your keywords. However, it is truly a magical solution to get in touch with REAL people that are in your user segments: 👉 Understand your pains, understand their problems, help them to solve them via building products. I did not do this so far, have to admit. But, in case you would like to have a chat about your email usage, and email productivity, just get in touch; I’d be delighted to hear about them. Getting ready for a ProductHunt launch The date was Sept 1. And I unlocked an impossible achievement: Running out of Supabase’s free plan’s Egres limit while having zero users. I was already considering moving out of their Cloud server and managing a Supabase CLI service on my Hetzner VPS for some time; but never ever suspected that I would have to do this quickly. The cheapest plan Supabase offers is $25/month; yet, at that point, I am in between jobs for such a long time, basically broke, and could barely afford that price. One or two months could be okay, but why pay for it if I will eventually move out of their Cloud service? So, instead of paying $25, I spent two days migrating out of Supabase Cloud. Worth my time? Definitely not. But, when you are broke, you gotta do stupid things. This was the first time that I felt lucky to have zero users: I have no idea how I would manage this migration if I had any. I think this is one of the core tenets of an indie hacker: Controlling their own environment. I can’t remember whose quote this is, but I suspect it was Naval: Entrepreneurs have an almost pathological need to control their own fate. They will take any suffering if they can be in charge of their destiny, and not have it in somebody else’s hands. What’s truly scary is, at least in my case, we make people around us suffer at the expense of our attempting to control our own fates. I know this period has been quite hard on my wife as well, as I neglected her quite a bit, but sadly, I know that this will happen again. It is something that I can barely help with. Still, so sorry. After working the last two weeks on a ProductHunt Launch, I finally launched it this Tuesday. Zero ranking, zero new users, but 36 kind people upvoted my product, and many commented and provided invaluable feedback. I couldn't be more grateful for each one of them 🙏. Considering all these, what lies in the future of Summ though? I have no idea, to be honest. On one hand, I have zero users, have no job, no income. So, I need a way to make money asap. On the other hand, the whole idea of it revolves around one core premise (not an assumption) that I am not so willing to share; and I couldn’t have more trust in it. This might not be the best iteration of it, however I certainly believe that email usage is one of the best problem spaces one could work on. 👉 But, one thing is for certain: I need to get in touch with people, and talk with them about this product I built so far. In fact, this is the only item on my agenda. Nothing else will save my brainchild <3. Below are some other insights and notes that I got during my journey; as they do not 100% fit into this story, I think it is more suitable to list them here. I hope you enjoyed reading this. Give Summ a try, it comes with a generous free trial, no credit card required. Some additional notes and insights: Project planning is one of the most underestimated skills for solopreneurs. It saves you enormous time, and helps you to keep your focus up. Building B2B products beats building B2C products. Businesses are very willing to pay big bucks if your product helps them. On the other hand, spending a few hours per user who would pay $5/m probably is not worth your time. It doesn’t matter how brilliant your product is if no one uses it. If you cannot sell a product in a certain category/niche (or do not know how to sell it), it might be a good idea not to start a project in it. Going after new ideas and ventures is quite risky, especially if you don’t know how to market it. On the other hand, an already established category means that there is already demand. Whether this demand is sufficient or not is another issue. As long as there is enough demand for your product to fit in, any category/niche is good. Some might be better, some might be worse. Unless you are going hardcore B2B, you will need people to find your product by means of organic search. Always conduct thorough keyword research as soon as possible.

How I went from $27 to $3K as a solopreneur still in a 9-5

My journey started back in November 2023. I was scrolling through Twitter and YouTube and saw a word that I had never come across before. Solopreneur. The word caught my eye. Mainly because I was pretty sure I knew what it meant even though it's not a word you'll find in the dictionary. I liked what it was describing. A solo entrepreneur. A one man business. It completely resonated with me. As a software engineer by trade I'm used to working alone, especially since the pandemic hit and we were forced to work remotely. See, I always wanted to ditch the 9-5 thing but thought that was too big and too scary for a single person to do. Surely you would need a lot of money to get started, right? Surely you would need investors? The whole concept seemed impossible to me. That was until I found all the success stories. I became obsessed with the concept of solopreneurship. As I went further down the rabbit hole I found people like Justin Welsh, Kieran Drew and Marc Louvion to name a few. All of whom have one person businesses making huge money every year. So I thought, if they can do it, why can't I? People like this have cleared the pathway for those looking to escape the 9-5 grind. I decided 2024 would be the year I try this out. My main goal for the year? Build a one man business, earn my first $ online and learn a sh\*t ton along the way. My main goal in general? Build my business to $100K per year, quit my 9-5 and live with freedom. From December 2023 to February 2024 I began brainstorming ideas. I was like a lost puppy looking for his ball. How on earth did people find good ideas? I began writing everything and anything that came to mind down in my notes app on my phone. By February I would have approximately 70 ideas. Each as weird and whacky as the other. I was skeptical though. If I went through all the trouble of building a product for one of these ideas how would I know if anyone would even be interested in using it? I got scared and took a break for a week. All these ideas seemed too big and the chance that they would take off into the atmosphere was slim (in my mind anyways). I was learning more and more about solopreneurship as the weeks went on so I decided to build a product centered around everything I was learning about. The idea was simple. Enter a business idea and use AI to give the user details about how to market it, who their target customers were, what to write on their landing page, etc. All for a measly $27 per use. I quickly built it and launched on March 3rd 2024. I posted about it on Indie Hackers, Reddit and Hacker News. I was so excited about the prospect of earning my first internet $! Surely everyone wanted to use my product! Nope...all I got was crickets. I was quickly brought back down to earth. That was until 5 days later. I looked at my phone and had a new Stripe notification! Cha-ching! My first internet $. What a feeling! That was goal number 1 complete. It would be another 6 days before I would get my second sale...and then another 15 days to get my third. It was an emotional rollercoaster. I went from feeling like quitting the 9-5 was actually possible to thinking that maybe the ups and downs aren't worth it. On one hand I had made my first internet dollar so I should my ecstatic, and don't get me wrong, I was but I wanted more. More validation that I could do this long term. By May I was starting to give up on the product. I had learned so much in the past few months about marketing, SEO, building an audience, etc. and I wanted to build something that I thought could have more success so I focused on one critical thing that I had learned about. What was it? Building a product that had SEO potential. A product that I knew hundreds of people were looking for. See this was my thinking - If I could find a keyword that people were searching for on Google hundreds/thousands of times every month and it was easy to rank high on search engines then I would go all in (in SEO land this equates to a Keyword that has a Keyword Difficulty of = 500). I began researching and found that the keyword "micro saas ideas" was being searched for around 600 times each month. Micro Saas was something that really interested me. It was perfect for solopreneurs. Small software products that 1 person could build. What's not to like if you're in the game of software and solopreneurship? Researching keywords like this became like a game for me. I was hooked. I was doing it every day, finding gems that were being searched for hundreds and thousands of times every month that still had potential. That's when I came up with my next product idea. I decided to create a database of Micro Saas Ideas all with this sort of SEO potential. See if you can build a product that you know people are looking for then that's all the validation you need. So I put this theory to the test. I created a database of Micro Saas Ideas with SEO Potential and launched it in June 2024. This time it was different. I made $700 in the first week of launching. A large contrast to my previous failed attempt at becoming the worlds greatest solopreneur. Since launch I have grown the product to $3K and I couldn't be happier. I know what you're saying, $3K isn't a lot. But it's validation. It's validation that I can earn $ online. Validation that I can grow a business and it gives me hope that one day I'll be able to quit that 9-5 grind. My plan is to keep growing the business. I expect there to be a few challenges up ahead but I'll tackle them as I go and learn from the failures and successes. I have a newsletter where I share Micro Saas Ideas with SEO potential every week which I'll leave below in the first comment. Feel free to come along for the ride. If not I hope this post brings you some value If you're thinking about starting as a solopreneur, stop thinking and start doing, you won't regret it.

How me and my team made 15+ apps and not made a single sale in 2023

Hey, my name is Michael, I am in Auckland NZ. This year was the official beginning of my adult life. I graduated from university and started a full-time job. I’ve also really dug into indiehacking/bootstrapping and started 15 projects (and it will be at least 17 before the year ends). I think I’ve learned a lot but I consciously repeated mistakes. Upto (Nov) Discord Statuses + Your Location + Facebook Poke https://preview.redd.it/4nqt7tp2tf5c1.png?width=572&format=png&auto=webp&s=b0223484bc54b45b5c65e0b1afd0dc52f9c02ad1 This was the end of uni, I often messaged (and got messaged) requests of status and location to (and from my) friends. I thought, what if we make a social app that’s super basic and all it does is show you where your friends are? To differentiate from snap maps and others we wanted something with more privacy where you select the location. However, never finished the codebase or launched it. This is because I slowly started to realize that B2C (especially social networks) are way too hard to make into an actual business and the story with Fistbump would repeat itself. However, this decision not to launch it almost launched a curse on our team. From that point, we permitted ourselves to abandon projects even before launching. Lessons: Don’t do social networks if your goal is 10k MRR ASAP. If you build something to 90% competition ship it or you will think it’s okay to abandon projects Insight Bites (Nov) Youtube Summarizer Extension &#x200B; https://preview.redd.it/h6drqej4tf5c1.jpg?width=800&format=pjpg&auto=webp&s=0f211456c390ac06f4fcb54aa51f9d50b0826658 Right after Upto, we started ideating and conveniently the biggest revolution in the recent history of tech was released → GPT. We instantly began ideating. The first problem we chose to use AI for is to summarize YouTube videos. Comical. Nevertheless, I am convinced we have had the best UX because you could right-click on a video to get a slideshow of insights instead of how everyone else did it. We dropped it because there was too much competition and unit economics didn’t work out (and it was a B2C). PodPigeon (Dec) Podcast → Tweet Threads https://preview.redd.it/0ukge245tf5c1.png?width=2498&format=png&auto=webp&s=23303e1cab330578a3d25cd688fa67aa3b97fb60 Then we thought, to make unit economics work we need to make this worthwhile for podcasters. This is when I got into Twitter and started seeing people summarize podcasts. Then I thought, what if we make something that converts a podcast into tweets? This was probably one of the most important projects because it connected me with Jason and Jonaed, both of whom I regularly stay in contact with and are my go-to experts on ideas related to content creation. Jonaed was even willing to buy Podpigeon and was using it on his own time. However, the unit economics still didn’t work out (and we got excited about other things). Furthermore, we got scared of the competition because I found 1 - 2 other people who did similar things poorly. This was probably the biggest mistake we’ve made. Very similar projects made 10k MRR and more, launching later than we did. We didn’t have a coherent product vision, we didn’t understand the customer well enough, and we had a bad outlook on competition and a myriad of other things. Lessons: I already made another post about the importance of outlook on competition. Do not quit just because there are competitors or just because you can’t be 10x better. Indiehackers and Bootstrappers (or even startups) need to differentiate in the market, which can be via product (UX/UI), distribution, or both. Asking Ace Intro.co + Crowdsharing &#x200B; https://preview.redd.it/0hu2tt16tf5c1.jpg?width=1456&format=pjpg&auto=webp&s=3d397568ef2331e78198d64fafc1a701a3e75999 As I got into Twitter, I wanted to chat with some people I saw there. However, they were really expensive. I thought, what if we made some kind of crowdfunding service for other entrepreneurs to get a private lecture from their idols? It seemed to make a lot of sense on paper. It was solving a problem (validated via the fact that Intro.co is a thing and making things cheaper and accessible is a solid ground to stand on), we understood the market (or so we thought), and it could monetize relatively quickly. However, after 1-2 posts on Reddit and Indiehackers, we quickly learned three things. Firstly, no one cares. Secondly, even if they do, they think they can get the same information for free online. Thirdly, the reasons before are bad because for the first point → we barely talked to people, and for the second people → we barely talked to the wrong people. However, at least we didn’t code anything this time and tried to validate via a landing page. Lessons Don’t give up after 1 Redditor says “I don’t need this” Don’t be scared to choose successful people as your audience. Clarito Journaling with AI analyzer https://preview.redd.it/8ria2wq6tf5c1.jpg?width=1108&format=pjpg&auto=webp&s=586ec28ae75003d9f71b4af2520b748d53dd2854 Clarito is a classic problem all amateur entrepreneurs have. It’s where you lie to yourself that you have a real problem and therefore is validated but when your team asks you how much you would pay you say I guess you will pay, maybe, like 5 bucks a month…? Turns out, you’d have to pay me to use our own product lol. We sent it off to a few friends and posted on some forums, but never really got anything tangible and decided to move away. Honestly, a lot of it is us in our own heads. We say the market is too saturated, it’ll be hard to monetize, it’s B2C, etc. Lessons: You use the Mom Test on other people. You have to do it yourself as well. However, recognizing that the Mom Test requires a lot of creativity in its investigation because knowing what questions to ask can determine the outcome of the validation. I asked myself “Do I journal” but I didn’t ask myself “How often do I want GPT to chyme in on my reflections”. Which was practically never. That being said I think with the right audience and distribution, this product can work. I just don’t know (let alone care) about the audience that much (and I thought I was one of them)/ Horns & Claw Scrapes financial news texts you whether you should buy/sell the stock (news sentiment analysis) &#x200B; https://preview.redd.it/gvfxdgc7tf5c1.jpg?width=1287&format=pjpg&auto=webp&s=63977bbc33fe74147b1f72913cefee4a9ebec9c2 This one we didn’t even bother launching. Probably something internal in the team and also seemed too good to be true (because if this works, doesn’t that just make us ultra-rich fast?). I saw a similar tool making 10k MRR so I guess I was wrong. Lessons: This one was pretty much just us getting into our heads. I declared that without an audience it would be impossible to ship this product and we needed to start a YouTube channel. Lol, and we did. And we couldn’t even film for 1 minute. I made bold statements like “We will commit to this for at least 1 year no matter what”. Learnery Make courses about any subject https://preview.redd.it/1nw6z448tf5c1.jpg?width=1112&format=pjpg&auto=webp&s=f2c73e8af23b0a6c3747a81e785960d4004feb48 This is probably the most “successful” project we’ve made. It grew from a couple of dozen to a couple of hundred users. It has 11 buy events for $9.99 LTD (we couldn’t be bothered connecting Stripe because we thought no one would buy it anyway). However what got us discouraged from seriously pursuing it more is, that this has very low defensibility, “Why wouldn’t someone just use chatGPT?” and it’s B2C so it’s hard to monetize. I used it myself for a month or so but then stopped. I don’t think it’s the app, I think the act of learning a concept from scratch isn’t something you do constantly in the way Learnery delivers it (ie course). I saw a bunch of similar apps that look like Ass make like 10k MRR. Lessons: Don’t do B2C, or if you do, do it properly Don’t just Mixpanel the buy button, connect your Stripe otherwise, it doesn’t feel real and you won’t get momentum. I doubt anyone (even me) will make this mistake again. I live in my GPT bubble where I make assumptions that everyone uses GPT the same way and as much as I do. In reality, the argument that this has low defensibility against GPT is invalid. Platforms that deliver a differentiated UX from ChatGPT to audiences who are not tightly integrated into the habit of using ChatGPT (which is like - everyone except for SOME tech evangelists). CuriosityFM Make podcasts about any subject https://preview.redd.it/zmosrcp8tf5c1.jpg?width=638&format=pjpg&auto=webp&s=d04ddffabef9050050b0d87939273cc96a8637dc This was our attempt at making Learnery more unique and more differentiated from chatGPT. We never really launched it. The unit economics didn’t work out and it was actually pretty boring to listen to, I don’t think I even fully listened to one 15-minute episode. I think this wasn’t that bad, it taught us more about ElevenLabs and voice AI. It took us maybe only 2-3 days to build so I think building to learn a new groundbreaking technology is fine. SleepyTale Make children’s bedtime stories https://preview.redd.it/14ue9nm9tf5c1.jpg?width=807&format=pjpg&auto=webp&s=267e18ec6f9270e6d1d11564b38136fa524966a1 My 8-year-old sister gave me that idea. She was too scared of making tea and I was curious about how she’d react if she heard a bedtime story about that exact scenario with the moral that I wanted her to absorb (which is that you shouldn’t be scared to try new things ie stop asking me to make your tea and do it yourself, it’s not that hard. You could say I went full Goebbels on her). Zane messaged a bunch of parents on Facebook but no one really cared. We showed this to one Lady at the place we worked from at Uni and she was impressed and wanted to show it to her kids but we already turned off our ElevenLabs subscription. Lessons: However, the truth behind this is beyond just “you need to be able to distribute”. It’s that you have to care about the audience. I don’t particularly want to build products for kids and parents. I am far away from that audience because I am neither a kid anymore nor going to be a parent anytime soon, and my sister still asked me to make her tea so the story didn’t work. I think it’s important to ask yourself whether you care about the audience. The way you answer that even when you are in full bias mode is, do you engage with them? Are you interested in what’s happening in their communities? Are you friends with them? Etc. User Survey Analyzer Big User Survey → GPT → Insights Report Me and my coworker were chatting about AI when he asked me to help him analyze a massive survey for him. I thought that was some pretty decent validation. Someone in an actual company asking for help. Lessons Market research is important but moving fast is also important. Ie building momentum. Also don’t revolve around 1 user. This has been a problem in multiple projects. Finding as many users as possible in the beginning to talk to is key. Otherwise, you are just waiting for 1 person to get back to you. AutoI18N Automated Internationalization of the codebase for webapps This one I might still do. It’s hard to find a solid distribution strategy. However, the idea came from me having to do it at my day job. It seems a solid problem. I’d say it’s validated and has some good players already. The key will be differentiation via the simplicity of UX and distribution (which means a slightly different audience). In the backlog for now because I don’t care about the problem or the audience that much. Documate - Part 1 Converts complex PDFs into Excel https://preview.redd.it/8b45k9katf5c1.jpg?width=1344&format=pjpg&auto=webp&s=57324b8720eb22782e28794d2db674b073193995 My mom needed to convert a catalog of furniture into an inventory which took her 3 full days of data entry. I automated it for her and thought this could have a big impact but there was no distribution because there was no ICP. We tried to find the ideal customers by talking to a bunch of different demographics but I flew to Kazakhstan for a holiday and so this kind of fizzled out. I am not writing this blog post linearity, this is my 2nd hour and I am tired and don’t want to finish this later so I don’t even know what lessons I learned. Figmatic Marketplace of high-quality Figma mockups of real apps https://preview.redd.it/h13yv45btf5c1.jpg?width=873&format=pjpg&auto=webp&s=aaa2896aeac2f22e9b7d9eed98c28bb8a2d2cdf1 This was a collab between me and my friend Alex. It was the classic Clarito where we both thought we had this problem and would pay to fix it. In reality, this is a vitamin. Neither I, nor I doubt Alex have thought of this as soon as we bought the domain. We posted it on Gumroad, sent it to a bunch of forums, and called it a day. Same issue as almost all the other ones. No distribution strategy. However, apps like Mobin show us that this concept is indeed profitable but it takes time. It needs SEO. It needs a community. None of those things, me and Alex had or was interested in. However shortly after HTML → Figma came out and it’s the best plugin. Maybe that should’ve been the idea. Podcast → Course Turns Podcaster’s episodes into a course This one I got baited by Jason :P I described to him the idea of repurposing his content for a course. He told me this was epic and he would pay. Then after I sent him the demo, he never checked it out. Anyhow during the development, we realized that doesn’t actually work because A podcast doesn’t have the correct format for the course, the most you can extract are concepts and ideas, seldom explanations. Most creators want video-based courses to be hosted on Kajabi or Udemy Another lesson is that when you pitch something to a user, what you articulate is a platform or a process, they imagine an outcome. However, the end result of your platform can be a very different outcome to what they had in mind and there is even a chance that what they want is not possible. You need to understand really well what the outcome looks like before you design the process. This is a classic problem where we thought of the solution before the problem. Yes, the problem exists. Podcasters want to make courses. However, if you really understand what they want, you can see how repurposing a podcast isn’t the best way to get there. However I only really spoke to 1-2 podcasters about this so making conclusions is dangerous for this can just be another asking ace mistake with the Redditor. Documate Part 2 Same concept as before but now I want to run some ads. We’ll see what happens. https://preview.redd.it/xb3npj0ctf5c1.jpg?width=1456&format=pjpg&auto=webp&s=3cd4884a29fd11d870d010a2677b585551c49193 In conclusion https://preview.redd.it/2zrldc9dtf5c1.jpg?width=1840&format=pjpg&auto=webp&s=2b3105073e752ad41c23f205dbd1ea046c1da7ff It doesn’t actually matter that much whether you choose to do a B2C, or a social network or focus on growing your audience. All of these can make you successful. What’s important is that you choose. If I had to summarize my 2023 in one word it’s indecision. Most of these projects succeeded for other people, nothing was as fundamentally wrong about them as I proclaimed. In reality that itself was an excuse. New ideas seduce, and it is a form of discipline to commit to a single project for a respectful amount of time. https://preview.redd.it/zy9a2vzdtf5c1.jpg?width=1456&format=pjpg&auto=webp&s=901c621227bba0feb4efdb39142f66ab2ebb86fe Distribution is not just posting on Indiehackers and Reddit. It’s an actual strategy and you should think of it as soon as you think of the idea, even before the Figma designs. I like how Denis Shatalin taught me. You have to build a pipeline. That means a reliable way to get leads, launch campaigns at them, close deals, learn from them, and optimize. Whenever I get an idea now I always try to ask myself “Where can I find 1000s leads in one day?” If there is no good answer, this is not a good project to do now. &#x200B; https://preview.redd.it/2boh3fpetf5c1.jpg?width=1456&format=pjpg&auto=webp&s=1c0d5d7b000716fcbbb00cbad495e8b61e25be66 Talk to users before doing anything. Jumping on designing and coding to make your idea a reality is a satisfying activity in the short term. Especially for me, I like to create for the sake of creation. However, it is so important to understand the market, understand the audience, understand the distribution. There are a lot of things to understand before coding. https://preview.redd.it/lv8tt96ftf5c1.jpg?width=1456&format=pjpg&auto=webp&s=6c8735aa6ad795f216ff9ddfa2341712e8277724 Get out of your own head. The real reason we dropped so many projects is that we got into our own heads. We let the negative thoughts creep in and kill all the optimism. I am really good at coming up with excuses to start a project. However, I am equally as good at coming up with reasons to kill a project. And so you have this yin and yang of starting and stopping. Building momentum and not burning out. I can say with certainty my team ran out of juice this year. We lost momentum so many times we got burnt out towards the end. Realizing that the project itself has momentum is important. User feedback and sales bring momentum. Building also creates momentum but unless it is matched with an equal force of impact, it can stomp the project down. That is why so many of our projects died quickly after we launched. The smarter approach is to do things that have a low investment of momentum (like talking to users) but result in high impact (sales or feedback). Yes, that means the project can get invalidated which makes it more short-lived than if we built it first, but it preserves team life energy. At the end of 2023 here is a single sentence I am making about how I think one becomes a successful indiehacker. One becomes a successful Indiehacker when one starts to solve pain-killer problems in the market they understand, for an audience they care about and consistently engage with for a long enough timeframe. Therefore an unsuccessful Indiehacker in a single sentence is An unsuccessful Indiehacker constantly enters new markets they don’t understand to build solutions for people whose problems they don’t care about, in a timeframe that is shorter than than the time they spent thinking about distribution. However, an important note to be made. Life is not just about indiehacking. It’s about learning and having fun. In the human world, the best journey isn’t the one that gets you the fastest to your goals but the one you enjoy the most. I enjoyed making those silly little projects and although I do not regret them, I will not repeat the same mistakes in 2024. But while it’s still 2023, I have 2 more projects I want to do :) EDIT: For Devs, frontend is always react with vite (ts) and backend is either node with express (ts) or python. For DB either Postgres or mongo (usually Prisma for ORM). For deployment all of it is on AWS (S3, EC2). In terms of libraries/APIs Whisper.cpp is best open source for transcription Obviously the gpt apis Eleven labs for voice related stuff And other random stuff here and there

Finding domains for a business: The troubles faced and how they were solved.

Hey everyone! I’m sure some of you have experience searching for a domain name for your project or startup. And you know how hard it can be to find the right one. You want it to be short, memorable, SEO-friendly, free of a bad history, and relevant to your project’s meaning. As a solo entrepreneur, I’ve faced the same challenges. I tried using domain auctions and drop-catching platforms to find short and valuable domain names for my projects and for resale. But these platforms can be frustrating – there’s too much competition, bidding wars drive up prices, and waiting for a domain to become available takes forever. GoDaddy auctions can last up to 10 days, and placing a backorder doesn’t always guarantee success. This process can be stressful and time-consuming. I just wanted a way to quickly grab the right domain and start using it immediately – without all the waiting and worrying. One day, I found a great domain on Product Hunt. The product was abandoned, and the domain was available. I thought, "What if I could find more domains like this in the same niche from this site?" and "How can I automate this?” That’s how I ended up creating GoneDomains GoneDomains helps to find available domain names from popular websites like Product Hunt, Medium, Hacker News, Forbes, and others. It saves hours of searching and eliminates the stress of competing with other buyers. Recently, I added a Domain Rating (DR) metric for each domain, making it easier to find valuable domains for SEO. If you’re familiar with DR, you know that domains with high DR can boost SEO rankings. Dashboard of GoneDomains with the filter Now, I’m working on new features: A feature that shows the average price of domains across multiple sources. A tool to check how many domain extensions are already registered for a specific name. AI-powered analysis to determine a domain’s niche and keywords, plus a filter for one-, two-, or three-word domains. Today, GoneDomains has over 30,000 available domain names sourced from platforms like Product Hunt, Medium, Hacker News, Forbes, TechCrunch, and more. New domains are added daily. GoneDomains saves you from spending hours manually searching, dealing with bidding wars, waiting for auctions to end, and unnecessary stress.

0-20+ faceless AI automated YouTube channels in 1 year - my process and tools

First of all before diving deep into this process (scroll a bit below) I have to say something that everyone keeps asking me, is it profitable? Yes. It's by far my most profitable venture outside of my regular 9-5... But it took a lot of work, delegation and building processes to get here. So the one thing I would love to get out of this post - if you have any insights, feedback or tools I might be missing out post them below and let's help each other out. Now, how you can get started with (AI) YouTube automation: Pick a topic that is BOTH: a) in demand b) interesting to you & you have knowledge about Do everything yourself at first - delegate later No one cares about the videos as much as you do, so make sure to nail the ideation, scripts, editing, format and packaging yourself first. Now that we got that out of the way: Use this workflow: VidIQ - outliers sections is pure gold, I use it all the time to find trending video packaging, topics, etc. ChatGPT or Claude - high level video ideas at scale and your assistant (I use projects inside ChatGPT and its really good at managing and prioritizing). If you are using it for scripts please for the love of god, make final edits yourself by hand. Add character, personal insights, ideas, etc. Katalist AI - all in one video generator tool I use to quickly go from video idea to script, storyboard, AI voiceover and then final visuals. It's surprisingly good and to make a decent video it only takes about 1-2 hours in TOTAL. Once you understand how it works and have a process, delegate to tech savvy VAs / content creators for $5-$15/hour and you have final, good quality videos for less than $30. Pikzels / Krea AI - your AI thumbnail generator, I dont remember the last time we used Photoshop outside of quick text or image edits. Its basically AI image manipulation at scale and it costs 10-30x less than a human thumbnail designer and the thumbnails are really good. VidIQ+TubeBuddy - titles & optimization, but you have to know that most of the views come usually from recommended, so dont over obsess and add 392x keywords in your title and description. Its all about the packaging. Now whats left is track performance & iterate - it's practically impossible to nail it the first few times, but each video you make look at the data (not just in YT studio) and UNDERSTAND why it did not perform as well as you thought it would. Regarding monetization, adsense sucks - sell digital products. If I was relying on adsense alone I would never ever be profitable, but selling mini digital products and mentioning CTAs in the actual video not just in the description makes this super profitable and scaleable, especially since video production is so cheap. Final thoughts: (AI) YouTube automation absolutely works, but it’s not an overnight success or a total hands-off cashcow machine. It’s a real business and you need systems, consistent effort, iteration, failing and learning along the way. If you’ve got any tips, hidden gems or tools I might be missing, drop them below & let’s help each other out.

How me and my team made 15+ apps and not made a single sale in 2023

Hey, my name is Michael, I am in Auckland NZ. This year was the official beginning of my adult life. I graduated from university and started a full-time job. I’ve also really dug into indiehacking/bootstrapping and started 15 projects (and it will be at least 17 before the year ends). I think I’ve learned a lot but I consciously repeated mistakes. Upto (Nov) Discord Statuses + Your Location + Facebook Poke https://preview.redd.it/4nqt7tp2tf5c1.png?width=572&format=png&auto=webp&s=b0223484bc54b45b5c65e0b1afd0dc52f9c02ad1 This was the end of uni, I often messaged (and got messaged) requests of status and location to (and from my) friends. I thought, what if we make a social app that’s super basic and all it does is show you where your friends are? To differentiate from snap maps and others we wanted something with more privacy where you select the location. However, never finished the codebase or launched it. This is because I slowly started to realize that B2C (especially social networks) are way too hard to make into an actual business and the story with Fistbump would repeat itself. However, this decision not to launch it almost launched a curse on our team. From that point, we permitted ourselves to abandon projects even before launching. Lessons: Don’t do social networks if your goal is 10k MRR ASAP. If you build something to 90% competition ship it or you will think it’s okay to abandon projects Insight Bites (Nov) Youtube Summarizer Extension &#x200B; https://preview.redd.it/h6drqej4tf5c1.jpg?width=800&format=pjpg&auto=webp&s=0f211456c390ac06f4fcb54aa51f9d50b0826658 Right after Upto, we started ideating and conveniently the biggest revolution in the recent history of tech was released → GPT. We instantly began ideating. The first problem we chose to use AI for is to summarize YouTube videos. Comical. Nevertheless, I am convinced we have had the best UX because you could right-click on a video to get a slideshow of insights instead of how everyone else did it. We dropped it because there was too much competition and unit economics didn’t work out (and it was a B2C). PodPigeon (Dec) Podcast → Tweet Threads https://preview.redd.it/0ukge245tf5c1.png?width=2498&format=png&auto=webp&s=23303e1cab330578a3d25cd688fa67aa3b97fb60 Then we thought, to make unit economics work we need to make this worthwhile for podcasters. This is when I got into Twitter and started seeing people summarize podcasts. Then I thought, what if we make something that converts a podcast into tweets? This was probably one of the most important projects because it connected me with Jason and Jonaed, both of whom I regularly stay in contact with and are my go-to experts on ideas related to content creation. Jonaed was even willing to buy Podpigeon and was using it on his own time. However, the unit economics still didn’t work out (and we got excited about other things). Furthermore, we got scared of the competition because I found 1 - 2 other people who did similar things poorly. This was probably the biggest mistake we’ve made. Very similar projects made 10k MRR and more, launching later than we did. We didn’t have a coherent product vision, we didn’t understand the customer well enough, and we had a bad outlook on competition and a myriad of other things. Lessons: I already made another post about the importance of outlook on competition. Do not quit just because there are competitors or just because you can’t be 10x better. Indiehackers and Bootstrappers (or even startups) need to differentiate in the market, which can be via product (UX/UI), distribution, or both. Asking Ace Intro.co + Crowdsharing &#x200B; https://preview.redd.it/0hu2tt16tf5c1.jpg?width=1456&format=pjpg&auto=webp&s=3d397568ef2331e78198d64fafc1a701a3e75999 As I got into Twitter, I wanted to chat with some people I saw there. However, they were really expensive. I thought, what if we made some kind of crowdfunding service for other entrepreneurs to get a private lecture from their idols? It seemed to make a lot of sense on paper. It was solving a problem (validated via the fact that Intro.co is a thing and making things cheaper and accessible is a solid ground to stand on), we understood the market (or so we thought), and it could monetize relatively quickly. However, after 1-2 posts on Reddit and Indiehackers, we quickly learned three things. Firstly, no one cares. Secondly, even if they do, they think they can get the same information for free online. Thirdly, the reasons before are bad because for the first point → we barely talked to people, and for the second people → we barely talked to the wrong people. However, at least we didn’t code anything this time and tried to validate via a landing page. Lessons Don’t give up after 1 Redditor says “I don’t need this” Don’t be scared to choose successful people as your audience. Clarito Journaling with AI analyzer https://preview.redd.it/8ria2wq6tf5c1.jpg?width=1108&format=pjpg&auto=webp&s=586ec28ae75003d9f71b4af2520b748d53dd2854 Clarito is a classic problem all amateur entrepreneurs have. It’s where you lie to yourself that you have a real problem and therefore is validated but when your team asks you how much you would pay you say I guess you will pay, maybe, like 5 bucks a month…? Turns out, you’d have to pay me to use our own product lol. We sent it off to a few friends and posted on some forums, but never really got anything tangible and decided to move away. Honestly, a lot of it is us in our own heads. We say the market is too saturated, it’ll be hard to monetize, it’s B2C, etc. Lessons: You use the Mom Test on other people. You have to do it yourself as well. However, recognizing that the Mom Test requires a lot of creativity in its investigation because knowing what questions to ask can determine the outcome of the validation. I asked myself “Do I journal” but I didn’t ask myself “How often do I want GPT to chyme in on my reflections”. Which was practically never. That being said I think with the right audience and distribution, this product can work. I just don’t know (let alone care) about the audience that much (and I thought I was one of them)/ Horns & Claw Scrapes financial news texts you whether you should buy/sell the stock (news sentiment analysis) &#x200B; https://preview.redd.it/gvfxdgc7tf5c1.jpg?width=1287&format=pjpg&auto=webp&s=63977bbc33fe74147b1f72913cefee4a9ebec9c2 This one we didn’t even bother launching. Probably something internal in the team and also seemed too good to be true (because if this works, doesn’t that just make us ultra-rich fast?). I saw a similar tool making 10k MRR so I guess I was wrong. Lessons: This one was pretty much just us getting into our heads. I declared that without an audience it would be impossible to ship this product and we needed to start a YouTube channel. Lol, and we did. And we couldn’t even film for 1 minute. I made bold statements like “We will commit to this for at least 1 year no matter what”. Learnery Make courses about any subject https://preview.redd.it/1nw6z448tf5c1.jpg?width=1112&format=pjpg&auto=webp&s=f2c73e8af23b0a6c3747a81e785960d4004feb48 This is probably the most “successful” project we’ve made. It grew from a couple of dozen to a couple of hundred users. It has 11 buy events for $9.99 LTD (we couldn’t be bothered connecting Stripe because we thought no one would buy it anyway). However what got us discouraged from seriously pursuing it more is, that this has very low defensibility, “Why wouldn’t someone just use chatGPT?” and it’s B2C so it’s hard to monetize. I used it myself for a month or so but then stopped. I don’t think it’s the app, I think the act of learning a concept from scratch isn’t something you do constantly in the way Learnery delivers it (ie course). I saw a bunch of similar apps that look like Ass make like 10k MRR. Lessons: Don’t do B2C, or if you do, do it properly Don’t just Mixpanel the buy button, connect your Stripe otherwise, it doesn’t feel real and you won’t get momentum. I doubt anyone (even me) will make this mistake again. I live in my GPT bubble where I make assumptions that everyone uses GPT the same way and as much as I do. In reality, the argument that this has low defensibility against GPT is invalid. Platforms that deliver a differentiated UX from ChatGPT to audiences who are not tightly integrated into the habit of using ChatGPT (which is like - everyone except for SOME tech evangelists). CuriosityFM Make podcasts about any subject https://preview.redd.it/zmosrcp8tf5c1.jpg?width=638&format=pjpg&auto=webp&s=d04ddffabef9050050b0d87939273cc96a8637dc This was our attempt at making Learnery more unique and more differentiated from chatGPT. We never really launched it. The unit economics didn’t work out and it was actually pretty boring to listen to, I don’t think I even fully listened to one 15-minute episode. I think this wasn’t that bad, it taught us more about ElevenLabs and voice AI. It took us maybe only 2-3 days to build so I think building to learn a new groundbreaking technology is fine. SleepyTale Make children’s bedtime stories https://preview.redd.it/14ue9nm9tf5c1.jpg?width=807&format=pjpg&auto=webp&s=267e18ec6f9270e6d1d11564b38136fa524966a1 My 8-year-old sister gave me that idea. She was too scared of making tea and I was curious about how she’d react if she heard a bedtime story about that exact scenario with the moral that I wanted her to absorb (which is that you shouldn’t be scared to try new things ie stop asking me to make your tea and do it yourself, it’s not that hard. You could say I went full Goebbels on her). Zane messaged a bunch of parents on Facebook but no one really cared. We showed this to one Lady at the place we worked from at Uni and she was impressed and wanted to show it to her kids but we already turned off our ElevenLabs subscription. Lessons: However, the truth behind this is beyond just “you need to be able to distribute”. It’s that you have to care about the audience. I don’t particularly want to build products for kids and parents. I am far away from that audience because I am neither a kid anymore nor going to be a parent anytime soon, and my sister still asked me to make her tea so the story didn’t work. I think it’s important to ask yourself whether you care about the audience. The way you answer that even when you are in full bias mode is, do you engage with them? Are you interested in what’s happening in their communities? Are you friends with them? Etc. User Survey Analyzer Big User Survey → GPT → Insights Report Me and my coworker were chatting about AI when he asked me to help him analyze a massive survey for him. I thought that was some pretty decent validation. Someone in an actual company asking for help. Lessons Market research is important but moving fast is also important. Ie building momentum. Also don’t revolve around 1 user. This has been a problem in multiple projects. Finding as many users as possible in the beginning to talk to is key. Otherwise, you are just waiting for 1 person to get back to you. AutoI18N Automated Internationalization of the codebase for webapps This one I might still do. It’s hard to find a solid distribution strategy. However, the idea came from me having to do it at my day job. It seems a solid problem. I’d say it’s validated and has some good players already. The key will be differentiation via the simplicity of UX and distribution (which means a slightly different audience). In the backlog for now because I don’t care about the problem or the audience that much. Documate - Part 1 Converts complex PDFs into Excel https://preview.redd.it/8b45k9katf5c1.jpg?width=1344&format=pjpg&auto=webp&s=57324b8720eb22782e28794d2db674b073193995 My mom needed to convert a catalog of furniture into an inventory which took her 3 full days of data entry. I automated it for her and thought this could have a big impact but there was no distribution because there was no ICP. We tried to find the ideal customers by talking to a bunch of different demographics but I flew to Kazakhstan for a holiday and so this kind of fizzled out. I am not writing this blog post linearity, this is my 2nd hour and I am tired and don’t want to finish this later so I don’t even know what lessons I learned. Figmatic Marketplace of high-quality Figma mockups of real apps https://preview.redd.it/h13yv45btf5c1.jpg?width=873&format=pjpg&auto=webp&s=aaa2896aeac2f22e9b7d9eed98c28bb8a2d2cdf1 This was a collab between me and my friend Alex. It was the classic Clarito where we both thought we had this problem and would pay to fix it. In reality, this is a vitamin. Neither I, nor I doubt Alex have thought of this as soon as we bought the domain. We posted it on Gumroad, sent it to a bunch of forums, and called it a day. Same issue as almost all the other ones. No distribution strategy. However, apps like Mobin show us that this concept is indeed profitable but it takes time. It needs SEO. It needs a community. None of those things, me and Alex had or was interested in. However shortly after HTML → Figma came out and it’s the best plugin. Maybe that should’ve been the idea. Podcast → Course Turns Podcaster’s episodes into a course This one I got baited by Jason :P I described to him the idea of repurposing his content for a course. He told me this was epic and he would pay. Then after I sent him the demo, he never checked it out. Anyhow during the development, we realized that doesn’t actually work because A podcast doesn’t have the correct format for the course, the most you can extract are concepts and ideas, seldom explanations. Most creators want video-based courses to be hosted on Kajabi or Udemy Another lesson is that when you pitch something to a user, what you articulate is a platform or a process, they imagine an outcome. However, the end result of your platform can be a very different outcome to what they had in mind and there is even a chance that what they want is not possible. You need to understand really well what the outcome looks like before you design the process. This is a classic problem where we thought of the solution before the problem. Yes, the problem exists. Podcasters want to make courses. However, if you really understand what they want, you can see how repurposing a podcast isn’t the best way to get there. However I only really spoke to 1-2 podcasters about this so making conclusions is dangerous for this can just be another asking ace mistake with the Redditor. Documate Part 2 Same concept as before but now I want to run some ads. We’ll see what happens. https://preview.redd.it/xb3npj0ctf5c1.jpg?width=1456&format=pjpg&auto=webp&s=3cd4884a29fd11d870d010a2677b585551c49193 In conclusion https://preview.redd.it/2zrldc9dtf5c1.jpg?width=1840&format=pjpg&auto=webp&s=2b3105073e752ad41c23f205dbd1ea046c1da7ff It doesn’t actually matter that much whether you choose to do a B2C, or a social network or focus on growing your audience. All of these can make you successful. What’s important is that you choose. If I had to summarize my 2023 in one word it’s indecision. Most of these projects succeeded for other people, nothing was as fundamentally wrong about them as I proclaimed. In reality that itself was an excuse. New ideas seduce, and it is a form of discipline to commit to a single project for a respectful amount of time. https://preview.redd.it/zy9a2vzdtf5c1.jpg?width=1456&format=pjpg&auto=webp&s=901c621227bba0feb4efdb39142f66ab2ebb86fe Distribution is not just posting on Indiehackers and Reddit. It’s an actual strategy and you should think of it as soon as you think of the idea, even before the Figma designs. I like how Denis Shatalin taught me. You have to build a pipeline. That means a reliable way to get leads, launch campaigns at them, close deals, learn from them, and optimize. Whenever I get an idea now I always try to ask myself “Where can I find 1000s leads in one day?” If there is no good answer, this is not a good project to do now. &#x200B; https://preview.redd.it/2boh3fpetf5c1.jpg?width=1456&format=pjpg&auto=webp&s=1c0d5d7b000716fcbbb00cbad495e8b61e25be66 Talk to users before doing anything. Jumping on designing and coding to make your idea a reality is a satisfying activity in the short term. Especially for me, I like to create for the sake of creation. However, it is so important to understand the market, understand the audience, understand the distribution. There are a lot of things to understand before coding. https://preview.redd.it/lv8tt96ftf5c1.jpg?width=1456&format=pjpg&auto=webp&s=6c8735aa6ad795f216ff9ddfa2341712e8277724 Get out of your own head. The real reason we dropped so many projects is that we got into our own heads. We let the negative thoughts creep in and kill all the optimism. I am really good at coming up with excuses to start a project. However, I am equally as good at coming up with reasons to kill a project. And so you have this yin and yang of starting and stopping. Building momentum and not burning out. I can say with certainty my team ran out of juice this year. We lost momentum so many times we got burnt out towards the end. Realizing that the project itself has momentum is important. User feedback and sales bring momentum. Building also creates momentum but unless it is matched with an equal force of impact, it can stomp the project down. That is why so many of our projects died quickly after we launched. The smarter approach is to do things that have a low investment of momentum (like talking to users) but result in high impact (sales or feedback). Yes, that means the project can get invalidated which makes it more short-lived than if we built it first, but it preserves team life energy. At the end of 2023 here is a single sentence I am making about how I think one becomes a successful indiehacker. One becomes a successful Indiehacker when one starts to solve pain-killer problems in the market they understand, for an audience they care about and consistently engage with for a long enough timeframe. Therefore an unsuccessful Indiehacker in a single sentence is An unsuccessful Indiehacker constantly enters new markets they don’t understand to build solutions for people whose problems they don’t care about, in a timeframe that is shorter than than the time they spent thinking about distribution. However, an important note to be made. Life is not just about indiehacking. It’s about learning and having fun. In the human world, the best journey isn’t the one that gets you the fastest to your goals but the one you enjoy the most. I enjoyed making those silly little projects and although I do not regret them, I will not repeat the same mistakes in 2024. But while it’s still 2023, I have 2 more projects I want to do :) EDIT: For Devs, frontend is always react with vite (ts) and backend is either node with express (ts) or python. For DB either Postgres or mongo (usually Prisma for ORM). For deployment all of it is on AWS (S3, EC2). In terms of libraries/APIs Whisper.cpp is best open source for transcription Obviously the gpt apis Eleven labs for voice related stuff And other random stuff here and there

I searched for unexplored AI business opportunities for 2024 and found 8 promising ideas

https://solansync.beehiiv.com/p/8-innovative-ai-business-opportunities-2024-evaluation-resources Entering 2024, the AI landscape presents numerous uncharted business opportunities. Solan Sync, on February 06, 2024, shared an insightful exploration into nine innovative AI business prospects that stand out for their potential market impact and implementation feasibility. Here's a brief overview of each: No-Code AI Chatbot Development Platforms: These platforms enable businesses to create efficient chatbots without coding knowledge, catering to a variety of communication needs and boasting a significant market potential projected at $19.8 billion by 2027. AI-Powered Document Management Systems: Offering a solution to automate data extraction and management, this opportunity targets sectors overwhelmed by paperwork, with a market growth expected to reach $4.4 billion by 2026. Automated AI Customer Support Platforms: AI-driven platforms are transforming customer support by handling inquiries with advanced conversational agents, aiming for a part of the $15.3 billion market by 2027. AI-Driven Content Generation Platforms: Utilizing advanced language models for content creation, this area addresses the high demand for engaging content across digital platforms, with the market projected to hit $12 billion by 2025. AI-Powered Recommendation System APIs: Tailored product recommendations can significantly enhance user experience, tapping into a market anticipated to grow to $6.3 billion by 2027. AI-Enhanced Digital Media Buying Solutions: These platforms optimize advertising strategies using AI, targeting the native advertising market expected to reach $59 billion by 2025. Enterprise-grade Voice-activated AI Assistants: Improving workplace efficiency with voice commands, this segment has a potential market of $1.1 billion by 2026. AI-Enhanced Supply Chain Management Solutions: By applying AI for real-time optimization, this opportunity aims at improving efficiency within the vast data-rich environments of modern supply chains. Each idea is detailed with its overview, target customer segments, key AI functionalities, profitability evaluations, and examples of current pioneers. This exploration not only highlights the vast potential within AI-driven business models but also encourages entrepreneurs and corporations to delve into these promising sectors. The rapid advancement of AI technology and its practical applications suggest these ideas represent just the beginning of what the future holds. Now is the time to leverage AI's capabilities to innovate and enhance products, services, and operations across industries.

I retired at 32 from my side project. Here's the path I took.

EDIT 2: Thanks for the award kind stranger! I've stopped responding to reddit comments for this post. I'm adding an FAQ to the original post based on the most common high quality questions. If you have a question that you're dying to know the answer to and that only I can help you with (vs. Google, ChatGPT, etc.), DM me. EDIT: I love how controversial this post has become (50% upvote rate), and only in this subreddit (vs. other subreddits that I posted the same content in). I trust that the open-minded half of you will find something useful in this post and my other posts and comments. I retired at 32 years old, in large part thanks to a B2C SaaS app that I developed on my own. Now, I don't have to work in order to cover my living expenses, and wouldn't have to work for quite a while. In other words, I can finally sip mai tais at the beach. I've condensed how I got there into this post. First, a super simplified timeline of events, followed by some critical details. Timeline 2013 Graduated college in the US 2013 Started first corporate job 2013 Started side project (B2C app) that would eventually lead to my retirement 2020 Started charging for use of my B2C app (was free, became freemium) 2021 Quit my last corporate job 2022 Retired: time freedom attained Details First, some summary statistics of my path to retirement: 9 years: time between graduating college and my retirement. 8 years: total length of my career where I worked at some corporate day job. 7 years: time it took my B2C app to make its first revenue dollar 2 years: time between my first dollar of SaaS revenue and my retirement. "Something something overnight success a decade in the making". I got extremely lucky on my path to retirement, both in terms of the business environment I was in and who I am as a person. I'd also like to think that some of the conscious decisions I made along the way contributed to my early retirement. Lucky Breaks Was born in the US middle class. Had a natural affinity for computer programming and entrepreneurial mindset (initiative, resourcefulness, pragmatism, courage, growth mindset). Had opportunities to develop these mindsets throughout life. Got into a good college which gave me the credentials to get high paying corporate jobs. Was early to a platform that saw large adoption (see "barnacle on whale" strategy). Business niche is shareworthy: my SaaS received free media. Business niche is relatively stable, and small enough to not be competitive. "Skillful" Decisions I decided to spend the nights and weekends of my early career working on side projects in the hopes that one would hit. I also worked a day job to support myself and build my savings. My launch funnel over roughly 7 years of working on side projects: Countless side projects prototyped. 5 side projects publically launched. 2 side projects made > $0. 1 side project ended up becoming the SaaS that would help me retire. At my corporate day jobs, I optimized for learning and work-life balance. My learning usually stalled after a year or two at one company, so I’d quit and find another job. I invested (and continute to do so) in physical and mental wellbeing via regular workouts, meditation, journaling, traveling, and good food. My fulfilling non-work-life re-energized me for my work-life, and my work-life supported my non-work-life: a virtuous cycle. I automated the most time-consuming aspects of my business (outside of product development). Nowadays, I take long vacations and work at most 20 hours a week / a three-day work week . I decided to keep my business entirely owned and operated by me. It's the best fit for my work-style (high autonomy, deep focus, fast decision-making) and need to have full creative freedom and control. I dated and married a very supportive and inspiring partner. I try not to succumb to outrageous lifestyle creep, which keeps my living expenses low and drastically extends my burn-rate. Prescription To share some aphorisms I’ve leaned with the wantrepreneurs or those who want to follow a similar path: Maximize your at bats, because you only need one hit. Bias towards action. Launch quickly. Get your ideas out into the real world for feedback. Perfect is the enemy of good. If you keep swinging and improving, you'll hit the ball eventually. Keep the big picture in mind. You don't necessarily need a home-run to be happy: a base hit will often do the job. Think about what matters most to you in life: is it a lot of money or status? Or is it something more satisfying, and often just as if not more attainable, like freedom, loving relationships, or fulfillment? Is what you’re doing now a good way to get what you want? Or is there a better way? At more of a micro-level of "keep the big picture in mind", I often see talented wantrepreneurs get stuck in the weeds of lower-level optimizations, usually around technical design choices. They forget (or maybe subconsciously avoid) the higher-level and more important questions of customer development, user experience, and distribution. For example: “Are you solving a real problem?” or “Did you launch an MVP and what did your users think?” Adopt a growth mindset. Believe that you are capable of learning whatever you need to learn in order to do what you want to do. The pain of regret is worse than the pain of failure. I’ve noticed that fear of failure is the greatest thing holding people back from taking action towards their dreams. Unless failure means death in your case, a debilitating fear of failure is a surmountable mental block. You miss 100% of the shots you don't take. When all is said and done, we often regret the things we didn't do in life than the things we did. There’s more to life than just work. Blasphemous (at least among my social circle)! But the reality is that many of the dying regret having worked too much in their lives. As Miss Frizzle from The Magic Schoolbus says: "Take chances, make mistakes, get messy!" Original post

I recreated an AI Phone Agent that saved $20,000 in lost revenue in 30 days for a business

I've been intrigued by AI and its ability to help businesses streamline time-consuming tasks. Recently, I discovered a case study where a voice agent was able to earn a business $20,000 in booked calls in a month. Below, I've shared the case study and a demo number for a voice agent I developed. This technology is advancing rapidly, and I want to explore its potential further. Case Study A family-owned HVAC company struggled with managing a high volume of customer calls, including after-hours and weekend inquiries, resulting in missed opportunities and unmanaged leads. Hiring a dedicated call support team was not cost-effective. Solution The company implemented an AI system to handle calls autonomously, gather customer information, and notify service technicians via SMS, with options for live call transfers. Details The AI integration featured custom capabilities such as Service Titan integration, live call transfers, SMS/email alerts, calendar and CRM integration, and Zapier automation. Results In the first week, the company experienced a 20% increase in bookings and conversions. The system efficiently captured leads and managed tasks, enabling staff to handle more inquiries and outsource overflow. Within 30 days, the company saved $20,000 in lost revenue due to the elimination of calls that went to voicemail, or lost leads. The voice agent's ability to answer calls 24/7 led to significant revenue growth, time savings, and reduced churn. Here's the demo number for the voice agent I created: +1 (651) 372 2045 I believe this tech has strong use cases in a variety of industries, from home service, to dental clinics, to wedding photographers. This article studied the effect of missed calls in different businesses, if you're interested in learning more. I'd love to hear your thoughts and industries you think this could be the most beneficial for. Thank you!

I recreated an AI phone calling agent that increased booked calls by 30% for a plumbing business in 30 days

AI has always intrigued me, especially when it comes to automating repetitive tasks and streamlining business operations. Recently, I found a compelling case study about a voice agent that significantly enhanced customer service and lead capture for a plumbing company. Motivated by the potential of this technology, I decided to build a similar system to see how it could be adapted for other industries. I’ve added the case study below along with a number to the demo voice agent I created to see if this is something people would really be interested in. AI technology is advancing rapidly, and I’m excited to dive deeper into this space. Case Study A family-owned plumbing business was facing challenges managing a high volume of customer calls. They were missing potential leads, particularly during after-hours and weekends, which meant lost revenue opportunities. Hiring a dedicated call support team was considered but deemed too expensive and hard to scale. Solution To solve these issues, the company deployed an AI-powered voice agent capable of handling calls autonomously. The system collected essential customer information, identified service needs, and sent real-time alerts to service technicians via SMS. It also had the ability to transfer calls to human agents if necessary, ensuring a seamless experience for customers. Impact The AI voice agent quickly proved its worth by streamlining call management and improving response times. With the AI handling routine inquiries and initial call filtering, the plumbing business saw a noticeable improvement in how quickly they could respond to customer needs. Details The AI-powered voice agent included several advanced features designed to optimize customer service: Answer Calls Anytime: Ensured every call received a friendly and professional response, regardless of the time of day. Spot Emergencies Fast: Quickly identified high-priority issues that required urgent attention. Collect Important Info: Accurately recorded critical customer details to facilitate seamless follow-ups and service scheduling. Send Alerts Right Away: Immediately notified service technicians about emergencies, enabling faster response times. Live Transfers: Live call transfer options when human assistance was needed. Results The AI-powered voice agent delivered measurable improvements across key performance metrics: 100% Call Answer Rate: No missed calls ensured that every customer inquiry was addressed promptly. 5-minute Emergency Response Time: The average response time for urgent calls was reduced significantly. 30% Increase in Lead Capture: The business saw more qualified leads, improving their chances of conversion. 25% Improvement in Resource Efficiency: Better allocation of resources allowed the team to focus on high-priority tasks. By implementing the AI-powered voice agent, the plumbing business enhanced its ability to capture more leads and provide better service to its customers. The improved call handling efficiency helped reduce missed opportunities and boosted overall customer satisfaction. Here’s the number to the demo agent I created: +1 (210) 405-0982 I’d love to hear some honest thoughts on it and which industries you think could benefit the most from this technology.

Building an AI-Powered Cold Email Blocker for Business Leaders – Would You Use This?

Hey everyone, I've been working on a side project that I'm really excited about, and I'd love to get some feedback from the community here. I noticed that CEOs, CMOs, CTOs, and other high-level executives often get bombarded with cold emails daily. Sorting through them can be a huge time sink, and sometimes important emails can get lost in the noise. To solve this, I'm developing a browser extension that uses AI to scan incoming emails and block unwanted cold emails before they even reach your inbox. The idea is to save time, reduce inbox clutter, and help business leaders focus on the emails that really matter. Here’s a bit more detail: AI-Powered Filtering: The extension will analyze the content of incoming emails to determine if they're likely cold emails Customizable Settings: Users can adjust the AI prompt to whatever they want to block Seamless Integration: It’ll work directly within your existing email client as a browser extension, so there’s no need to switch apps or platforms. Privacy First: All the processing happens locally, so your email data stays private and secure. I’m still in the development phase, and I'd love to hear your thoughts: Would this be something you'd use or find valuable? Are there any specific features or pain points you'd like to see addressed? Any suggestions on how to improve the concept? Thanks in advance for your feedback! Your insights will be invaluable as I continue to refine this project.

I recreated an AI phone calling agent that increased booked calls by 30% for a plumbing business in 30 days

AI has always intrigued me, especially when it comes to automating repetitive tasks and streamlining business operations. Recently, I found a compelling case study about a voice agent that significantly enhanced customer service and lead capture for a plumbing company. Motivated by the potential of this technology, I decided to build a similar system to see how it could be adapted for other industries. I’ve added the case study below along with a number to the demo voice agent I created to see if this is something people would really be interested in. AI technology is advancing rapidly, and I’m excited to dive deeper into this space. Case Study A family-owned plumbing business was facing challenges managing a high volume of customer calls. They were missing potential leads, particularly during after-hours and weekends, which meant lost revenue opportunities. Hiring a dedicated call support team was considered but deemed too expensive and hard to scale. Solution To solve these issues, the company deployed an AI-powered voice agent capable of handling calls autonomously. The system collected essential customer information, identified service needs, and sent real-time alerts to service technicians via SMS. It also had the ability to transfer calls to human agents if necessary, ensuring a seamless experience for customers. Impact The AI voice agent quickly proved its worth by streamlining call management and improving response times. With the AI handling routine inquiries and initial call filtering, the plumbing business saw a noticeable improvement in how quickly they could respond to customer needs. Details The AI-powered voice agent included several advanced features designed to optimize customer service: Answer Calls Anytime: Ensured every call received a friendly and professional response, regardless of the time of day. Spot Emergencies Fast: Quickly identified high-priority issues that required urgent attention. Collect Important Info: Accurately recorded critical customer details to facilitate seamless follow-ups and service scheduling. Send Alerts Right Away: Immediately notified service technicians about emergencies, enabling faster response times. Live Transfers: Live call transfer options when human assistance was needed. Results The AI-powered voice agent delivered measurable improvements across key performance metrics: 100% Call Answer Rate: No missed calls ensured that every customer inquiry was addressed promptly. 5-minute Emergency Response Time: The average response time for urgent calls was reduced significantly. 30% Increase in Lead Capture: The business saw more qualified leads, improving their chances of conversion. 25% Improvement in Resource Efficiency: Better allocation of resources allowed the team to focus on high-priority tasks. By implementing the AI-powered voice agent, the plumbing business enhanced its ability to capture more leads and provide better service to its customers. The improved call handling efficiency helped reduce missed opportunities and boosted overall customer satisfaction. Here’s the number to the demo agent I created: +1 (210) 405-0982 I’d love to hear some honest thoughts on it and which industries you think could benefit the most from this technology.

I recreated an AI Phone Agent that saved $20,000 in lost revenue in 30 days for a business

I've been intrigued by AI and its ability to help businesses streamline time-consuming tasks. Recently, I discovered a case study where a voice agent was able to earn a business $20,000 in booked calls in a month. Below, I've shared the case study and a demo number for a voice agent I developed. This technology is advancing rapidly, and I want to explore its potential further. Case Study A family-owned HVAC company struggled with managing a high volume of customer calls, including after-hours and weekend inquiries, resulting in missed opportunities and unmanaged leads. Hiring a dedicated call support team was not cost-effective. Solution The company implemented an AI system to handle calls autonomously, gather customer information, and notify service technicians via SMS, with options for live call transfers. Details The AI integration featured custom capabilities such as Service Titan integration, live call transfers, SMS/email alerts, calendar and CRM integration, and Zapier automation. Results In the first week, the company experienced a 20% increase in bookings and conversions. The system efficiently captured leads and managed tasks, enabling staff to handle more inquiries and outsource overflow. Within 30 days, the company saved $20,000 in lost revenue due to the elimination of calls that went to voicemail, or lost leads. The voice agent's ability to answer calls 24/7 led to significant revenue growth, time savings, and reduced churn. Here's the demo number for the voice agent I created: +1 (651) 372 2045 I believe this tech has strong use cases in a variety of industries, from home service, to dental clinics, to wedding photographers. This article studied the effect of missed calls in different businesses, if you're interested in learning more. I'd love to hear your thoughts and industries you think this could be the most beneficial for. Thank you!

I acquired a SaaS for ~5 figures to solve my content problem

In 2023 I bought a SaaS called Cuppa AI. I actually found the product on twitter, run by a very talented engineer in the UK.  I’ve spent tens of thousands of dollars on content for various media companies. In one consumer health company, it cost us around $200-$500 for each SEO optimized article. This adds up pretty quickly. Not forgetting the 20 hours of edits! This isn’t just an isolated problem for a single company. It’s industry wide and affects small business + agency owners alike. I spent over a decade in media, and have seen many agency founders complain about long lead times and high costs for low output.  This is an issue. Large swathes of would-be customers that prefer to consume content before buying are being ignored - either because it takes too long or costs too much for founders to scale this channel.   I eventually became tired of the media content game in 2022 and looked into using SaaS to solve my previous life’s challenges. I started building, acquiring and scaling a portfolio of products that I found useful in my day to day. But the content issue was still there.  So I started to look for ways to reduce the time + cost content burden for my own portfolio.   I initially discovered Cuppa using it for my own personal pains of content research, editing, publishing, and scaling. But then I saw potential. I wanted to turn it into an end to end solution for the content gap that myself and other business owners weren’t taking advantage of because of time, cost, or other priorities.  I sent a DM. Then a few calls later, I acquired it in June 2023.  I chose cuppa vs other competing products for a few reasons:  The founder gave excellent support during and post acquisition  It already had a large, loyal existing user base I’d personally used it and solved a pain with it. I saw the potential to solve many others for more people like me  The founder has put a ton of quality and care into it. There wasn’t a risk of picking up a patchy product, plus it already had great social distribution  It naturally fits my expertise from the ‘other side’. I was the original customer of it, so I knew I could evolve it with features that could create content at scale without losing the human touch  Since then we’ve added a lot of new stuff: Chat with articles Image generation for articles API keys to reduce cost Brand / persona voice custom prompts  Month on month iterative content improvement  Full stack content team that blends AI and human editors for agencies I’m still in full build mode with the team. I want to take it to a place where agencies and SMB owners can trust the AI + human content model enough to see this product as a no-brainer for their biz. I don’t believe in AI slop - there’s enough of that out there - I DO believe in using AI to do the grunt work, but to always have that human element a machine can’t quite mimic.  We have a lot more to get through, but I’m very excited about it. View of the done for you content workflow

What I learn from my $200 MRR App I built 4 months ago

4 month ago, I am just a 10-years experienced product manager without any software development experience. I have an $3K/month job, but I am so tired, I don’t like my life, don’t like my boss, don’t like my daily work, that make me feeling I already died however I am still living. I yearn for freedom and want to live each day the way I want to. So I quit my job, and become a Indie developer to build my own business, my own app, even my own life. I am so grateful for this time and experience, now my app reach $200 MRR, still very little compared to my previous salary, but I never regret. I have learned lots of things from this time and experience, more than I had in last 10 years. Here is the time-line of my App: &#x200B; Sep 2023: Launch first version to iOS App store Oct 2023: Release in-app-purchase features and have first subscriber, the revenue in October is $154 Nov 2023: Change from subscription to pay per use, and I did lots of marketing jobs in November, however, the revenue reduced to only $40. Dec 2023: Change back to subscription, and stop some invalid marketing jobs, only keep the ones that actually work. I almost did nothing in December, and the revenue come to $243. During this process, I have learned lots of things, there are some of them that I think could help you as well. Web or App My App is an iOS app that only can running on Apple’s device such like iPhone/iPad or Mac with Apple silicon. Many people ask me why my product is an iOS app not a website, because they don’t have any Apple device. It's true that promoting an app is much harder than promoting a website. However I am now very glad I made an App and not a website! If I make a website, I don't think it's possible to make $100 in the first month. My App is about keyword research, to help people find some ideas from search keyword, because every keyword people searched in Google are representing a real need of them, also can be used in SEO field. However there are a lot of website tools about keyword research, some of them are famous like Ahrefs, SEMrush… I have no intention of competing with them. Actually I don’t have any chance. While in app store, there are little apps about keyword research, each of them have terrible data and user experience, that means if my app has better data and experience that could be my chance. In fact, the App store brings me 20 organic installs a day that Google would never have been able to bring me if I had a website, at least for the first few months. Furthermore, Apple nearly did everything for developer, I don’t need to care about user login, payment and so on, Apple did everything, I just need to call their API, that save lots of time, if I build a website, I need to implement login and payment by myself, that would add some extra work. Not to mention I'd need to buy servers and domains, that would cost me a lot of money. Although Apple will take 30% of the revenue, I can live with that in the early stages because the most important thing for me is to get the product to market as soon as possible. Actually thought Apple’s SMB program, the take rate is 15% now. So Web or App is not important in the early stage, time is important, if people need my product, it's easy to make a website one. More Users or More Valuable Users In November, I notice some users would like use my app, and they were meet paywall, but they never subscribe. I provided 7 day free trail, but it seem that they don’t like it. So I decide to change subscription to pay per use. Because as a user, I don’t like subscription as well, pay per use seem like more friendly. So I change from subscription to pay per use. People can afford $9.99 to subscribe monthly for unlimited use or pay $1.99 for each data they want(First purchase is $0.99 then $1.99). I was expecting more user to pay, but it was the complete opposite! Some users who would have paid a higher subscription fee are switching to a lower priced single payment. Users are encountering paywalls more often, and each time they need to make a decision about whether or not to pay, which increases the probability that they will abandon payment. This resulted in a 75% decrease in revenue in November. In fact, the mostly of my revenue comes from a handful of long-cycle subscribers, such as annual subscription. Few bring in most of the revenue, that is the most important thing I learned. You don't need a lot of customers, you just need more valuable ones. That's why it's only right to design a mechanism to filter out high-value customers and focus on them, all the things you want do is just let more people into the filter, and from that point of view, subscription with free trial period is the best way, even if most people don't like it. The rule of 20/80 will always be there. The most important thing is always focus on the 20 percent things and people. Effort does not always guarantee rewards. Unless one engages in deep thinking, or most efforts are invalid. I have been working very hard to promote my product for a period of time. It’s about in November. I did a lot of job, such as write script to send message to my potential clients on Fiverr, post and write comments on others post on Reddit, find related questions and answer them on Quora, post and comments on Twitte, etc. During that period, I was exhausted every day, but the outcome did not meet my expectations. There is only little growth on App installation, even less revenue than before. That make me frustrated. I finally realized that If I need to put in a tremendous amount of effort just to make a little progress, there is must something wrong. So I stop 80% of promote work I have ever did, only keep app store search ad, which will bring a installation with less than $0.5 cost. Then I dive into long time and deeply thinking, I spent more time on reading books, investigate other product with great MRR, watch interviews with people who are already living the kind of life I aspire to live, for example, u/levelsio. These things have given me great inspiration, and my life has become easier. It seems that the life I anticipated when I resigned is getting closer. I also have a clearer understanding of my app. Meanwhile, MRR has been growing. This experience let me learn that effort does not always guarantee results. Many times, our efforts are just wishful thinking, they are invalid, do the right thing after deeply thinking is more important. What Next? My goal is reach $3K MRR, as same as my job payment, I will never stop to building things, and I will keep my currently lifestyle. I still don't know how to get more people to use my app, but levelsio's interviews give me some inspiration that I can verified something by manually instead of build a software. I plan to launch a trend analysis product based on the keyword data provided by my current app. I have always wanted to combine AI to build such a product, but I didn't know how to do it. Now I intend to manually complete it first and start software development once there are paying users. If you are interested to my App, you could try it. Gotrends

AI News Reporter (AI Video + AI Audio + AI Music + AI Lipsync + Transitions + Automated Video Edit).

Processing img mgx8qvvd7nne1... Do give an upvote you guys, Discover how to create a professional AI news reporter video using an automated n8n workflow! In this video, we demonstrate an end-to-end process that integrates various AI tools and automated video editing techniques to produce a fully polished news video. Here's what you'll learn: AI Video Model Generation: Automatically generate realistic video models using AI. AI Audio Creation: Generate high-quality AI audio for the model with perfect lipsync. AI Music Generation: Create custom background music using AI to add the perfect vibe to your video. Automated Editing & Transitions: Utilize advanced video editing techniques and seamless transitions with ffmpeg integrated into the n8n workflow. Complete End-to-End Automation: Watch as the entire process—from content creation to final editing—is fully automated, saving time and effort. Whether you're a content creator, media professional, or just curious about the power of automation and AI, this workflow offers a glimpse into the future of video production. Workflow:- https://github.com/gochapachi/AI-news-Reporter Youtube :- https://youtu.be/Km2u6193pDU If you enjoyed this video, please like, comment, and subscribe for more content on AI-driven automation and innovative video production techniques. Let's revolutionize content creation with AI and automation! 👉 Follow Us on Social Media for More Updates: 🧠 Reddit: https://www.reddit.com/user/gochapachi1/ 📘 Facebook: https://facebook.com/gochapachi/ 📸 Instagram: https://www.instagram.com/gochapachi/ 🎥 YouTube: https://www.youtube.com/@gochapachi 💼 LinkedIn: https://www.linkedin.com/in/gochapachi/ 📞 whatsapp: +91-8400210108 📩 Email: sanjeevcs0034@gmail.com

0-20+ faceless AI automated YouTube channels in 1 year - my process and tools

First of all before diving deep into this process (scroll a bit below) I have to say something that everyone keeps asking me, is it profitable? Yes. It's by far my most profitable venture outside of my regular 9-5... But it took a lot of work, delegation and building processes to get here. So the one thing I would love to get out of this post - if you have any insights, feedback or tools I might be missing out post them below and let's help each other out. Now, how you can get started with (AI) YouTube automation: Pick a topic that is BOTH: a) in demand b) interesting to you & you have knowledge about Do everything yourself at first - delegate later No one cares about the videos as much as you do, so make sure to nail the ideation, scripts, editing, format and packaging yourself first. Now that we got that out of the way: Use this workflow: VidIQ - outliers sections is pure gold, I use it all the time to find trending video packaging, topics, etc. ChatGPT or Claude - high level video ideas at scale and your assistant (I use projects inside ChatGPT and its really good at managing and prioritizing). If you are using it for scripts please for the love of god, make final edits yourself by hand. Add character, personal insights, ideas, etc. Katalist AI - all in one video generator tool I use to quickly go from video idea to script, storyboard, AI voiceover and then final visuals. It's surprisingly good and to make a decent video it only takes about 1-2 hours in TOTAL. Once you understand how it works and have a process, delegate to tech savvy VAs / content creators for $5-$15/hour and you have final, good quality videos for less than $30. Pikzels / Krea AI - your AI thumbnail generator, I dont remember the last time we used Photoshop outside of quick text or image edits. Its basically AI image manipulation at scale and it costs 10-30x less than a human thumbnail designer and the thumbnails are really good. VidIQ+TubeBuddy - titles & optimization, but you have to know that most of the views come usually from recommended, so dont over obsess and add 392x keywords in your title and description. Its all about the packaging. Now whats left is track performance & iterate - it's practically impossible to nail it the first few times, but each video you make look at the data (not just in YT studio) and UNDERSTAND why it did not perform as well as you thought it would. Regarding monetization, adsense sucks - sell digital products. If I was relying on adsense alone I would never ever be profitable, but selling mini digital products and mentioning CTAs in the actual video not just in the description makes this super profitable and scaleable, especially since video production is so cheap. Final thoughts: (AI) YouTube automation absolutely works, but it’s not an overnight success or a total hands-off cashcow machine. It’s a real business and you need systems, consistent effort, iteration, failing and learning along the way. If you’ve got any tips, hidden gems or tools I might be missing, drop them below & let’s help each other out.

[D] Why I'm Lukewarm on Graph Neural Networks

TL;DR: GNNs can provide wins over simpler embedding methods, but we're at a point where other research directions matter more I also posted it on my blog here, has footnotes, a nicer layout with inlined images, etc. I'm only lukewarm on Graph Neural Networks (GNNs). There, I said it. It might sound crazy GNNs are one of the hottest fields in machine learning right now. [There][1] were at least [four][2] [review][3] [papers][4] just in the last few months. I think some progress can come of this research, but we're also focusing on some incorrect places. But first, let's take a step back and go over the basics. Models are about compression We say graphs are a "non-euclidean" data type, but that's not really true. A regular graph is just another way to think about a particular flavor of square matrix called the [adjacency matrix][5], like this. It's weird, we look at run-of-the-mill matrix full of real numbers and decide to call it "non-euclidean". This is for practical reasons. Most graphs are fairly sparse, so the matrix is full of zeros. At this point, where the non-zero numbers are matters most, which makes the problem closer to (computationally hard) discrete math rather than (easy) continuous, gradient-friendly math. If you had the full matrix, life would be easy If we step out of the pesky realm of physics for a minute, and assume carrying the full adjacency matrix around isn't a problem, we solve a bunch of problems. First, network node embeddings aren't a thing anymore. A node is a just row in the matrix, so it's already a vector of numbers. Second, all network prediction problems are solved. A powerful enough and well-tuned model will simply extract all information between the network and whichever target variable we're attaching to nodes. NLP is also just fancy matrix compression Let's take a tangent away from graphs to NLP. Most NLP we do can be [thought of in terms of graphs][6] as we'll see, so it's not a big digression. First, note that Ye Olde word embedding models like [Word2Vec][7] and [GloVe][8] are [just matrix factorization][9]. The GloVe algorithm works on a variation of the old [bag of words][10] matrix. It goes through the sentences and creates a (implicit) [co-occurence][11] graph where nodes are words and the edges are weighed by how often the words appear together in a sentence. Glove then does matrix factorization on the matrix representation of that co-occurence graph, Word2Vec is mathematically equivalent. You can read more on this in my [post on embeddings][12] and the one (with code) on [word embeddings][13]. Even language models are also just matrix compression Language models are all the rage. They dominate most of the [state of the art][14] in NLP. Let's take BERT as our main example. BERT predicts a word given the context of the rest of the sentence. This grows the matrix we're factoring from flat co-occurences on pairs of words to co-occurences conditional on the sentence's context, like this We're growing the "ideal matrix" we're factoring combinatorially. As noted by [Hanh & Futrell][15]: [...] human language—and language modelling—has infinite statistical complexity but that it can be approximated well at lower levels. This observation has two implications: 1) We can obtain good results with comparatively small models; and 2) there is a lot of potential for scaling up our models. Language models tackle such a large problem space that they probably approximate a compression of the entire language in the [Kolmogorov Complexity][16] sense. It's also possible that huge language models just [memorize a lot of it][17] rather than compress the information, for what it's worth. Can we upsample any graph like language models do? We're already doing it. Let's call a first-order embedding of a graph a method that works by directly factoring the graph's adjacency matrix or [Laplacian matrix][18]. If you embed a graph using [Laplacian Eigenmaps][19] or by taking the [principal components][20] of the Laplacian, that's first order. Similarly, GloVe is a first-order method on the graph of word co-occurences. One of my favorites first order methods for graphs is [ProNE][21], which works as well as most methods while being two orders of magnitude faster. A higher-order method embeds the original matrix plus connections of neighbours-of-neighbours (2nd degree) and deeper k-step connections. [GraRep][22], shows you can always generate higher-order representations from first order methods by augmenting the graph matrix. Higher order method are the "upsampling" we do on graphs. GNNs that sample on large neighborhoods and random-walk based methods like node2vec are doing higher-order embeddings. Where are the performance gain? Most GNN papers in the last 5 years present empirical numbers that are useless for practitioners to decide on what to use. As noted in the [OpenGraphsBenchmark][4] (OGB) paper, GNN papers do their empirical section on a handful of tiny graphs (Cora, CiteSeer, PubMed) with 2000-20,000 nodes. These datasets can't seriously differentiate between methods. Recent efforts are directly fixing this, but the reasons why researchers focused on tiny, useless datasets for so long are worth discussing. Performance matters by task One fact that surprises a lot of people is that even though language models have the best performance in a lot of NLP tasks, if all you're doing is cram sentence embeddings into a downstream model, there [isn't much gained][23] from language models embeddings over simple methods like summing the individual Word2Vec word embeddings (This makes sense, because the full context of the sentence is captured in the sentence co-occurence matrix that is generating the Word2Vec embeddings). Similarly, [I find][24] that for many graphs simple first-order methods perform just as well on graph clustering and node label prediction tasks than higher-order embedding methods. In fact higher-order methods are massively computationally wasteful for these usecases. Recommended first order embedding methods are ProNE and my [GGVec with order=1][25]. Higher order methods normally perform better on the link prediction tasks. I'm not the only one to find this. In the BioNEV paper, they find: "A large GraRep order value for link prediction tasks (e.g. 3, 4);a small value for node classification tasks (e.g.1, 2)" (p.9). Interestingly, the gap in link prediction performance is inexistant for artificially created graphs. This suggests higher order methods do learn some of the structure intrinsic to [real world graphs][26]. For visualization, first order methods are better. Visualizations of higher order methods tend to have artifacts of their sampling. For instance, Node2Vec visualizations tend to have elongated/filament-like structures which come from the embeddings coming from long single strand random walks. See the following visualizations by [Owen Cornec][27] created by first embedding the graph to 32-300 dimensions using a node embedding algorithm, then mapping this to 2d or 3d with the excellent UMAP algorithm, like this Lastly, sometimes simple methods soundly beat higher order methods (there's an instance of it in the OGB paper). The problem here is that we don't know when any method is better than another and we definitely don't know the reason. There's definitely a reason different graph types respond better/worse to being represented by various methods. This is currently an open question. A big part of why is that the research space is inundated under useless new algorithms because... Academic incentives work against progress Here's the cynic's view of how machine learning papers are made: Take an existing algorithm Add some new layer/hyperparameter, make a cute mathematical story for why it matters Gridsearch your hyperparameters until you beat baselines from the original paper you aped Absolutely don't gridsearch stuff you're comparing against in your results section Make a cute ACRONYM for your new method, put impossible to use python 2 code on github (Or no code at all!) and bask in the citations I'm [not][28] the [only one][29] with these views on the state reproducible research. At least it's gotten slightly better in the last 2 years. Sidebar: I hate Node2Vec A side project of mine is a [node embedding library][25] and the most popular method in it is by far Node2Vec. Don't use Node2Vec. [Node2Vec][30] with p=1; q=1 is the [Deepwalk][31] algorithm. Deepwalk is an actual innovation. The Node2Vec authors closely followed the steps 1-5 including bonus points on step 5 by getting word2vec name recognition. This is not academic fraud -- the hyperparameters [do help a tiny bit][32] if you gridsearch really hard. But it's the presentable-to-your-parents sister of where you make the ML community worse off to progress your academic career. And certainly Node2Vec doesn't deserve 7500 citations. Progress is all about practical issues We've known how to train neural networks for well over 40 years. Yet they only exploded in popularity with [AlexNet][33] in 2012. This is because implementations and hardware came to a point where deep learning was practical. Similarly, we've known about factoring word co-occurence matrices into Word embeddings for at least 20 years. But word embeddings only exploded in 2013 with Word2Vec. The breakthrough here was that the minibatch-based methods let you train a Wikipedia-scale embedding model on commodity hardware. It's hard for methods in a field to make progress if training on a small amount of data takes days or weeks. You're disincentivized to explore new methods. If you want progress, your stuff has to run in reasonable time on commodity hardware. Even Google's original search algorithm [initially ran on commodity hardware][34]. Efficiency is paramount to progress The reason deep learning research took off the way it did is because of improvements in [efficiency][35] as well as much better libraries and hardware support. Academic code is terrible Any amount of time you spend gridsearching Node2Vec on p and q is all put to better use gridsearching Deepwalk itself (on number of walks, length of walks, or word2vec hyperparameters). The problem is that people don't gridsearch over deepwalk because implementations are all terrible. I wrote the [Nodevectors library][36] to have a fast deepwalk implementation because it took 32 hours to embed a graph with a measly 150,000 nodes using the reference Node2Vec implementation (the same takes 3min with Nodevectors). It's no wonder people don't gridsearch on Deepwalk a gridsearch would take weeks with the terrible reference implementations. To give an example, in the original paper of [GraphSAGE][37] they their algorithm to DeepWalk with walk lengths of 5, which is horrid if you've ever hyperparameter tuned a deepwalk algorithm. From their paper: We did observe DeepWalk’s performance could improve with further training, and in some cases it could become competitive with the unsupervised GraphSAGE approaches (but not the supervised approaches) if we let it run for >1000× longer than the other approaches (in terms of wall clock time for prediction on the test set) I don't even think the GraphSAGE authors had bad intent -- deepwalk implementations are simply so awful that they're turned away from using it properly. It's like trying to do deep learning with 2002 deep learning libraries and hardware. Your architectures don't really matter One of the more important papers this year was [OpenAI's "Scaling laws"][38] paper, where the raw number of parameters in your model is the most predictive feature of overall performance. This was noted even in the original BERT paper and drives 2020's increase in absolutely massive language models. This is really just [Sutton' Bitter Lesson][39] in action: General methods that leverage computation are ultimately the most effective, and by a large margin Transformers might be [replacing convolution][40], too. As [Yannic Kilcher said][41], transformers are ruining everything. [They work on graphs][6], in fact it's one of the [recent approaches][42], and seems to be one of the more succesful [when benchmarked][1] Researchers seem to be putting so much effort into architecture, but it doesn't matter much in the end because you can approximate anything by stacking more layers. Efficiency wins are great -- but neural net architectures are just one way to achieve that, and by tremendously over-researching this area we're leaving a lot of huge gains elsewhere on the table. Current Graph Data Structure Implementations suck NetworkX is a bad library. I mean, it's good if you're working on tiny graphs for babies, but for anything serious it chokes and forces you to rewrite everything in... what library, really? At this point most people working on large graphs end up hand-rolling some data structure. This is tough because your computer's memory is a 1-dimensional array of 1's and 0's and a graph has no obvious 1-d mapping. This is even harder when we take updating the graph (adding/removing some nodes/edges) into account. Here's a few options: Disconnected networks of pointers NetworkX is the best example. Here, every node is an object with a list of pointers to other nodes (the node's edges). This layout is like a linked list. Linked lists are the [root of all performance evil][43]. Linked lists go completely against how modern computers are designed. Fetching things from memory is slow, and operating on memory is fast (by two orders of magnitude). Whenever you do anything in this layout, you make a roundtrip to RAM. It's slow by design, you can write this in Ruby or C or assembly and it'll be slow regardless, because memory fetches are slow in hardware. The main advantage of this layout is that adding a new node is O(1). So if you're maintaining a massive graph where adding and removing nodes happens as often as reading from the graph, it makes sense. Another advantage of this layout is that it "scales". Because everything is decoupled from each other you can put this data structure on a cluster. However, you're really creating a complex solution for a problem you created for yourself. Sparse Adjacency Matrix This layout great for read-only graphs. I use it as the backend in my [nodevectors][25] library, and many other library writers use the [Scipy CSR Matrix][44], you can see graph algorithms implemented on it [here][45]. The most popular layout for this use is the [CSR Format][46] where you have 3 arrays holding the graph. One for edge destinations, one for edge weights and an "index pointer" which says which edges come from which node. Because the CSR layout is simply 3 arrays, it scales on a single computer: a CSR matrix can be laid out on a disk instead of in-memory. You simply [memory map][47] the 3 arrays and use them on-disk from there. With modern NVMe drives random seeks aren't slow anymore, much faster than distributed network calls like you do when scaling the linked list-based graph. I haven't seen anyone actually implement this yet, but it's in the roadmap for my implementation at least. The problem with this representation is that adding a node or edge means rebuilding the whole data structure. Edgelist representations This representation is three arrays: one for the edge sources, one for the edge destinations, and one for edge weights. [DGL][48] uses this representation internally. This is a simple and compact layout which can be good for analysis. The problem compared to CSR Graphs is some seek operations are slower. Say you want all the edges for node #4243. You can't jump there without maintaining an index pointer array. So either you maintain sorted order and binary search your way there (O(log2n)) or unsorted order and linear search (O(n)). This data structure can also work on memory mapped disk array, and node append is fast on unsorted versions (it's slow in the sorted version). Global methods are a dead end Methods that work on the entire graph at once can't leverage computation, because they run out of RAM at a certain scale. So any method that want a chance of being the new standard need to be able to update piecemeal on parts of the graph. Sampling-based methods Sampling Efficiency will matter more in the future Edgewise local methods. The only algorithms I know of that do this are GloVe and GGVec, which they pass through an edge list and update embedding weights on each step. The problem with this approach is that it's hard to use them for higher-order methods. The advantage is that they easily scale even on one computer. Also, incrementally adding a new node is as simple as taking the existing embeddings, adding a new one, and doing another epoch over the data Random Walk sampling. This is used by deepwalk and its descendants, usually for node embeddings rather than GNN methods. This can be computationally expensive and make it hard to add new nodes. But this does scale, for instance [Instagram][49] use it to feed their recommendation system models Neighbourhood sampling. This is currently the most common one in GNNs, and can be low or higher order depending on the neighborhood size. It also scales well, though implementing efficiently can be challenging. It's currently used by [Pinterest][50]'s recommendation algorithms. Conclusion Here are a few interesting questions: What is the relation between graph types and methods? Consolidated benchmarking like OGB We're throwing random models at random benchmarks without understanding why or when they do better More fundamental research. Heree's one I'm curious about: can other representation types like [Poincarre Embeddings][51] effectively encode directed relationships? On the other hand, we should stop focusing on adding spicy new layers to test on the same tiny datasets. No one cares. [1]: https://arxiv.org/pdf/2003.00982.pdf [2]: https://arxiv.org/pdf/2002.11867.pdf [3]: https://arxiv.org/pdf/1812.08434.pdf [4]: https://arxiv.org/pdf/2005.00687.pdf [5]: https://en.wikipedia.org/wiki/Adjacency_matrix [6]: https://thegradient.pub/transformers-are-graph-neural-networks/ [7]: https://en.wikipedia.org/wiki/Word2vec [8]: https://nlp.stanford.edu/pubs/glove.pdf [9]: https://papers.nips.cc/paper/2014/file/feab05aa91085b7a8012516bc3533958-Paper.pdf [10]: https://en.wikipedia.org/wiki/Bag-of-words_model [11]: https://en.wikipedia.org/wiki/Co-occurrence [12]: https://www.singlelunch.com/2020/02/16/embeddings-from-the-ground-up/ [13]: https://www.singlelunch.com/2019/01/27/word-embeddings-from-the-ground-up/ [14]: https://nlpprogress.com/ [15]: http://socsci.uci.edu/~rfutrell/papers/hahn2019estimating.pdf [16]: https://en.wikipedia.org/wiki/Kolmogorov_complexity [17]: https://bair.berkeley.edu/blog/2020/12/20/lmmem/ [18]: https://en.wikipedia.org/wiki/Laplacian_matrix [19]: http://citeseerx.ist.psu.edu/viewdoc/download;jsessionid=1F03130B02DC485C78BF364266B6F0CA?doi=10.1.1.19.8100&rep=rep1&type=pdf [20]: https://en.wikipedia.org/wiki/Principalcomponentanalysis [21]: https://www.ijcai.org/Proceedings/2019/0594.pdf [22]: https://dl.acm.org/doi/10.1145/2806416.2806512 [23]: https://openreview.net/pdf?id=SyK00v5xx [24]: https://github.com/VHRanger/nodevectors/blob/master/examples/link%20prediction.ipynb [25]: https://github.com/VHRanger/nodevectors [26]: https://arxiv.org/pdf/1310.2636.pdf [27]: http://byowen.com/ [28]: https://arxiv.org/pdf/1807.03341.pdf [29]: https://www.youtube.com/watch?v=Kee4ch3miVA [30]: https://cs.stanford.edu/~jure/pubs/node2vec-kdd16.pdf [31]: https://arxiv.org/pdf/1403.6652.pdf [32]: https://arxiv.org/pdf/1911.11726.pdf [33]: https://en.wikipedia.org/wiki/AlexNet [34]: https://en.wikipedia.org/wiki/Googledatacenters#Original_hardware [35]: https://openai.com/blog/ai-and-efficiency/ [36]: https://www.singlelunch.com/2019/08/01/700x-faster-node2vec-models-fastest-random-walks-on-a-graph/ [37]: https://arxiv.org/pdf/1706.02216.pdf [38]: https://arxiv.org/pdf/2001.08361.pdf [39]: http://incompleteideas.net/IncIdeas/BitterLesson.html [40]: https://arxiv.org/abs/2010.11929 [41]: https://www.youtube.com/watch?v=TrdevFK_am4 [42]: https://arxiv.org/pdf/1710.10903.pdf [43]: https://www.youtube.com/watch?v=fHNmRkzxHWs [44]: https://docs.scipy.org/doc/scipy/reference/generated/scipy.sparse.csr_matrix.html [45]: https://docs.scipy.org/doc/scipy/reference/sparse.csgraph.html [46]: https://en.wikipedia.org/wiki/Sparsematrix#Compressedsparserow(CSR,CRSorYaleformat) [47]: https://en.wikipedia.org/wiki/Mmap [48]: https://github.com/dmlc/dgl [49]: https://ai.facebook.com/blog/powered-by-ai-instagrams-explore-recommender-system/ [50]: https://medium.com/pinterest-engineering/pinsage-a-new-graph-convolutional-neural-network-for-web-scale-recommender-systems-88795a107f48 [51]: https://arxiv.org/pdf/1705.08039.pdf

[P] [R] sANNd: A New Neural Network Framework Using Trainable Iterators

sANNd sANNd is a lightweight, modular neural network library designed as a sandbox for experimenting with new ideas in artificial intelligence. The Mould Class: A Pythonic Building Block The Mould class is a core component of sANNd. It provides a Pythonic way to apply functions to data that’s bundled inside objects: Encapsulated Variables: Each Mould object holds a set of variables (for example, weights or parameters) inside it. This means related data is kept together in one place (the object), making the code organized and intuitive. Static Functions: A Mould class defines its operation as a static method – essentially a function that isn’t tied to a specific instance. This static function takes in inputs (and possibly other Mould objects’ variables) and produces an output. In simple terms, the Mould’s static method describes how to transform input data using the Mould’s internal variables. Pythonic Usage: Using static methods in this way is a clean, Pythonic design. You call the Mould’s function through the class, but it applies to the data in the object. This approach lets you clearly separate what the operation is (the logic in the static function) from which data it uses (the variables inside the Mould instance). Example: Imagine a Mould class called LinearMould that has a static function to compute a linear transformation (like y = W*x + b). An instance of LinearMould would hold specific W and b values, and you’d use the static method to apply that linear formula to an input. This gives you the convenience of object-oriented design (encapsulating W and b) with the clarity of a standalone function defining the math. Chaining Moulds for Complex Computations Moulds become even more powerful when you chain them together. You can connect multiple Moulds so that the output of one becomes the input of the next: Sequential Operations: Just like stacking layers in a neural network, you can place Moulds in sequence. For example, you might take the output from LinearMouldA and feed it into LinearMouldB. In code, this might look as simple as using the output of one call as the argument to the next. The design of sANNd makes this straightforward – the static function of each Mould knows how to handle the data coming in. Building Pipelines: By chaining Moulds, you create a pipeline of transformations. Each Mould handles one step of computation, and together they produce a final result. This could represent a multi-layer neural network, a data processing pipeline, or any custom sequence of operations you need. There’s no strict limit to how you can chain them; you have the freedom to combine Moulds in any order that makes sense for your experiment. Clarity and Modularity: Because each Mould is a self-contained piece (with its variables and function), chaining them doesn’t turn your code into a black box. You can inspect or modify any part of the chain easily. This modular design means you can insert, remove, or replace Moulds to see how it affects the overall computation, which is great for experimentation. Implicit Backward Path (Automatic Backpropagation) One major benefit of using chained Moulds is that they implicitly define the backward path for training with gradient descent (backpropagation): Automatic Gradient Flow: When you connect Moulds in a sequence for a forward pass (input → Mould A → Mould B → output), you’ve essentially defined a computation graph. sANNd uses this graph to handle the reverse computation automatically. In other words, if you calculate an error or loss based on the final output, sANNd can propagate that error backwards through each Mould in the chain. No Manual Backprop: You do not need to manually code how gradients flow through each Mould. The way you set up the Moulds’ static functions already determines how outputs depend on inputs and internal variables. sANNd leverages that to perform backpropagation. This is similar in spirit to how libraries like PyTorch/TF do “autograd,” but here it’s a natural result of the Mould chain architecture. Gradient Descent Ready: Because the backward path is established by the forward connections, you can apply gradient descent optimizations out of the box. For instance, you can adjust the weights inside each Mould based on the computed gradients to minimize your loss. The design ensures that each Mould’s contribution to the final error is tracked, so all parts of your model learn appropriately during training. In short, defining your model with Moulds means you get training capability for free. You focus on describing the forward computations, and sANNd handles the math behind learning from errors. Comparing sANNd to Traditional Frameworks sANNd’s approach is quite different from traditional Python-based neural network frameworks. Here’s how it stacks up against frameworks like TensorFlow, PyTorch, or Keras in terms of approach, flexibility, and intended use: Design Approach: Traditional frameworks use predefined layer classes and often build a computation graph behind the scenes. For example, Keras might have a Dense layer class, and TensorFlow might construct a static graph (in TF1) or use eager execution (in TF2). sANNd takes a simpler approach – it uses plain Python classes and static functions (Moulds) to define computations. There’s no need to learn a new graph syntax or decorators; if you know Python functions and classes, you can read and write sANNd models. This makes the internal workings more transparent and easier to follow. Flexibility: While frameworks like PyTorch and TensorFlow are very powerful, they can introduce a lot of boilerplate and assume you’re building typical architectures. sANNd is extremely modular and flexible. You aren’t limited to the layers someone else defined – you can create any operation you want as a Mould. Want to experiment with a novel activation function or a custom recurrent connection? Just define it in a Mould. There’s less magic and abstraction obscuring your code, so unconventional model structures are easier to implement. (Of course, major frameworks can also be extended, but sANNd makes this feel more natural by staying within standard Python paradigms.) Intended Use: sANNd is intended for experimentation and research. It’s like a toolkit for tinkering. You get fine-grained control over every part of the network, which is ideal for trying out bold new ideas that don’t fit the mold of common deep learning models. In contrast, TensorFlow/PyTorch shine in production environments and large-scale training – they are optimized (GPU support, highly efficient tensor operations) and come with many utilities for things like data loading, distributed training, etc. sANNd doesn’t aim to replace them for those heavy-lifting tasks. Instead, it’s meant for when you need a lighter, more interpretable setup to prototype concepts. You might use sANNd to prove out a concept or test a hypothesis in AI research, and later switch to a bigger framework if you need to scale it up. Simplicity vs. Complexity: By design, sANNd keeps things simple. The trade-off is that it might not have the raw performance optimizations of the large frameworks. However, this simplicity is a feature – it means the code is easier to understand and modify. For many research scenarios, being able to quickly tweak an idea is more important than squeezing out maximum speed. Traditional frameworks, with their complexity, can sometimes be harder to adapt for radically different ideas (you might find yourself fighting the framework). With sANNd, the framework gets out of your way as much as possible. Modular and Experimental by Nature One of the driving philosophies of sANNd is to be modular and experimental, to further ML research: Modularity: sANNd is built from small, composable pieces. The Mould class is one such piece, and you can imagine building additional components in a similar spirit. This modular design means you can re-use components, mix and match them, or replace one implementation with another without affecting the rest of your system. It’s like having a box of building blocks for neural networks – you can assemble them in standard ways or in completely novel configurations. Experimentation Friendly: Because it avoids heavy abstraction, sANNd lets you directly see and control what’s happening at each step. This is great for research, where you might need to observe intermediate results, inject custom behavior, or adjust the learning process on the fly. sANNd’s straightforward structure (Python objects and functions) makes such interventions possible. You’re not constrained to a fixed training loop or forced to use certain layer types. True Intelligence Research: Achieving “True Intelligence” (often related to artificial general intelligence or other forms of broader AI) may require going beyond the usual neural network designs. sANNd aims to be a playground for these ideas. Its flexibility allows researchers to integrate unconventional elements — be it new memory structures, dynamic connection patterns, or hybrid models that combine symbolic and neural approaches. You can use sANNd to prototype these offbeat ideas quickly. In essence, it’s easier to test “what if we try this?” scenarios with sANNd than with more rigid frameworks. In summary, sANNd’s unique Mould class and design philosophy offer a fresh take on building neural networks. It emphasizes clarity, composability, and flexibility, allowing you to focus on creativity and understanding. Whether you’re stacking simple Moulds into a deep model, or inventing a completely new form of network, sANNd provides a friendly foundation. It’s not here to dethrone TensorFlow or PyTorch in industry applications – instead, it’s here to give researchers and enthusiasts a more malleable tool for exploring the frontiers of AI. Enjoy using sANNd as your neural network sandbox, and happy experimenting!

[D] Misuse of Deep Learning in Nature Journal’s Earthquake Aftershock Paper

Recently, I saw a post by Rajiv Shah, Chicago-based data-scientist, regarding an article published in Nature last year called Deep learning of aftershock patterns following large earthquakes, written by scientists at Harvard in collaboration with Google. Below is the article: Stand Up for Best Practices: Misuse of Deep Learning in Nature’s Earthquake Aftershock Paper The Dangers of Machine Learning Hype Practitioners of AI, machine learning, predictive modeling, and data science have grown enormously over the last few years. What was once a niche field defined by its blend of knowledge is becoming a rapidly growing profession. As the excitement around AI continues to grow, the new wave of ML augmentation, automation, and GUI tools will lead to even more growth in the number of people trying to build predictive models. But here’s the rub: While it becomes easier to use the tools of predictive modeling, predictive modeling knowledge is not yet a widespread commodity. Errors can be counterintuitive and subtle, and they can easily lead you to the wrong conclusions if you’re not careful. I’m a data scientist who works with dozens of expert data science teams for a living. In my day job, I see these teams striving to build high-quality models. The best teams work together to review their models to detect problems. There are many hard-to-detect-ways that lead to problematic models (say, by allowing target leakage into their training data). Identifying issues is not fun. This requires admitting that exciting results are “too good to be true” or that their methods were not the right approach. In other words, it’s less about the sexy data science hype that gets headlines and more about a rigorous scientific discipline. Bad Methods Create Bad Results Almost a year ago, I read an article in Nature that claimed unprecedented accuracy in predicting earthquake aftershocks by using deep learning. Reading the article, my internal radar became deeply suspicious of their results. Their methods simply didn’t carry many of the hallmarks of careful predicting modeling. I started to dig deeper. In the meantime, this article blew up and became widely recognized! It was even included in the release notes for Tensorflow as an example of what deep learning could do. However, in my digging, I found major flaws in the paper. Namely, data leakage which leads to unrealistic accuracy scores and a lack of attention to model selection (you don’t build a 6 layer neural network when a simpler model provides the same level of accuracy). To my earlier point: these are subtle, but incredibly basic predictive modeling errors that can invalidate the entire results of an experiment. Data scientists are trained to recognize and avoid these issues in their work. I assumed that this was simply overlooked by the author, so I contacted her and let her know so that she could improve her analysis. Although we had previously communicated, she did not respond to my email over concerns with the paper. Falling On Deaf Ears So, what was I to do? My coworkers told me to just tweet it and let it go, but I wanted to stand up for good modeling practices. I thought reason and best practices would prevail, so I started a 6-month process of writing up my results and shared them with Nature. Upon sharing my results, I received a note from Nature in January 2019 that despite serious concerns about data leakage and model selection that invalidate their experiment, they saw no need to correct the errors, because “Devries et al. are concerned primarily with using machine learning as [a] tool to extract insight into the natural world, and not with details of the algorithm design.” The authors provided a much harsher response. You can read the entire exchange on my github. It’s not enough to say that I was disappointed. This was a major paper (it’s Nature!) that bought into AI hype and published a paper despite it using flawed methods. Then, just this week, I ran across articles by Arnaud Mignan and Marco Broccardo on shortcomings that they found in the aftershocks article. Here are two more data scientists with expertise in earthquake analysis who also noticed flaws in the paper. I also have placed my analysis and reproducible code on github. Standing Up For Predictive Modeling Methods I want to make it clear: my goal is not to villainize the authors of the aftershocks paper. I don’t believe that they were malicious, and I think that they would argue their goal was to just show how machine learning could be applied to aftershocks. Devries is an accomplished earthquake scientist who wanted to use the latest methods for her field of study and found exciting results from it. But here’s the problem: their insights and results were based on fundamentally flawed methods. It’s not enough to say, “This isn’t a machine learning paper, it’s an earthquake paper.” If you use predictive modeling, then the quality of your results are determined by the quality of your modeling. Your work becomes data science work, and you are on the hook for your scientific rigor. There is a huge appetite for papers that use the latest technologies and approaches. It becomes very difficult to push back on these papers. But if we allow papers or projects with fundamental issues to advance, it hurts all of us. It undermines the field of predictive modeling. Please push back on bad data science. Report bad findings to papers. And if they don’t take action, go to twitter, post about it, share your results and make noise. This type of collective action worked to raise awareness of p-values and combat the epidemic of p-hacking. We need good machine learning practices if we want our field to continue to grow and maintain credibility. Link to Rajiv's Article Original Nature Publication (note: paywalled) GitHub repo contains an attempt to reproduce Nature's paper Confrontational correspondence with authors

[Discussion] When ML and Data Science are the death of a good company: A cautionary tale.

TD;LR: At Company A, Team X does advanced analytics using on-prem ERP tools and older programming languages. Their tools work very well and are designed based on very deep business and domain expertise. Team Y is a new and ambitious Data Science team that thinks they can replace Team X's tools with a bunch of R scripts and a custom built ML platform. Their models are simplistic, but more "fashionable" compared to the econometric models used by Team X, and team Y benefits from the ML/DS moniker so leadership is allowing Team Y to start a large scale overhaul of the analytics platform in question. Team Y doesn't have the experience for such a larger scale transformation, and is refusing to collaborate with team X. This project is very likely going to fail, and cause serious harm to the company as a whole financially and from a people perspective. I argue that this is not just because of bad leadership, but also because of various trends and mindsets in the DS community at large. Update (Jump to below the line for the original story): Several people in the comments are pointing out that this just a management failure, not something due to ML/DS, and that you can replace DS with any buzz tech and the story will still be relevant. My response: Of course, any failure at an organization level is ultimately a management failure one way or the other. Moreover, it is also the case that ML/DS when done correctly, will always improve a company's bottom line. There is no scenario where the proper ML solution, delivered at a reasonable cost and in a timely fashion, will somehow hurt the company's bottom line. My point is that in this case management is failing because of certain trends and practices that are specific to the ML/DS community, namely: The idea that DS teams should operate independently of tech and business orgs -- too much autonomy for DS teams The disregard for domain knowledge that seems prevalent nowadays thanks to the ML hype, that DS can be generalists and someone with good enough ML chops can solve any business problem. That wasn't the case when I first left academia for the industry in 2009 (back then nobody would even bother with a phone screen if you didn't have the right domain knowledge). Over reliance on resources who check all the ML hype related boxes (knows Python, R, Tensorflow, Shiny, etc..., has the right Coursera certifications, has blogged on the topic, etc...), but are lacking in depth of experience. DS interviews nowadays all seem to be: Can you tell me what a p-value is? What is elastic net regression? Show me how to fit a model in sklearn? How do you impute NAs in an R dataframe? Any smart person can look those up on Stackoverflow or Cross-Validated,.....Instead teams should be asking stuff like: why does portfolio optimization use QP not LP? How does a forecast influence a customer service level? When should a recommendation engine be content based and when should it use collaborative filtering? etc... (This is a true story, happening to the company I currently work for. Names, domains, algorithms, and roles have been shuffled around to protect my anonymity)  Company A has been around for several decades. It is not the biggest name in its domain, but it is a well respected one. Risk analysis and portfolio optimization have been a core of Company A's business since the 90s. They have a large team of 30 or so analysts who perform those tasks on a daily basis. These analysts use ERP solutions implemented for them by one the big ERP companies (SAP, Teradata, Oracle, JD Edwards,...) or one of the major tech consulting companies (Deloitte, Accenture, PWC, Capgemini, etc...) in collaboration with their own in house engineering team. The tools used are embarrassingly old school: Classic RDBMS running on on-prem servers or maybe even on mainframes, code written in COBOL, Fortran, weird proprietary stuff like ABAP or SPSS.....you get the picture. But the models and analytic functions were pretty sophisticated, and surprisingly cutting edge compared to the published academic literature. Most of all, they fit well with the company's enterprise ecosystem, and were honed based on years of deep domain knowledge.  They have a tech team of several engineers (poached from the aforementioned software and consulting companies) and product managers (who came from the experienced pools of analysts and managers who use the software, or poached from business rivals) maintaining and running this software. Their technology might be old school, but collectively, they know the domain and the company's overall architecture very, very well. They've guided the company through several large scale upgrades and migrations and they have a track record of delivering on time, without too much overhead. The few times they've stumbled, they knew how to pick themselves up very quickly. In fact within their industry niche, they have a reputation for their expertise, and have very good relations with the various vendors they've had to deal with. They were the launching pad of several successful ERP consulting careers.  Interestingly, despite dealing on a daily basis with statistical modeling and optimization algorithms, none of the analysts, engineers, or product managers involved describe themselves as data scientists or machine learning experts. It is mostly a cultural thing: Their expertise predates the Data Science/ML hype that started circa 2010, and they got most of their chops using proprietary enterprise tools instead of the open source tools popular nowadays. A few of them have formal statistical training, but most of them came from engineering or domain backgrounds and learned stats on the fly while doing their job. Call this team "Team X".  Sometime around the mid 2010s, Company A started having some serious anxiety issues: Although still doing very well for a company its size, overall economic and demographic trends were shrinking its customer base, and a couple of so called disruptors came up with a new app and business model that started seriously eating into their revenue. A suitable reaction to appease shareholders and Wall Street was necessary. The company already had a decent website and a pretty snazzy app, what more could be done? Leadership decided that it was high time that AI and ML become a core part of the company's business. An ambitious Manager, with no science or engineering background, but who had very briefly toyed with a recommender system a couple of years back, was chosen to build a data science team, call it team "Y" (he had a bachelor's in history from the local state college and worked for several years in the company's marketing org). Team "Y" consists mostly of internal hires who decided they wanted to be data scientists and completed a Coursera certification or a Galvanize boot camp, before being brought on to the team, along with a few of fresh Ph.D or M.Sc holders who didn't like academia and wanted to try their hand at an industry role. All of them were very bright people, they could write great Medium blog posts and give inspiring TED talks, but collectively they had very little real world industry experience. As is the fashion nowadays, this group was made part of a data science org that reported directly to the CEO and Board, bypassing the CIO and any tech or business VPs, since Company A wanted to claim the monikers "data driven" and "AI powered" in their upcoming shareholder meetings. In 3 or 4 years of existence, team Y produced a few Python and R scripts. Their architectural experience  consisted almost entirely in connecting Flask to S3 buckets or Redshift tables, with a couple of the more resourceful ones learning how to plug their models into Tableau or how to spin up a Kuberneties pod.  But they needn't worry: The aforementioned manager, who was now a director (and was also doing an online Masters to make up for his qualifications gap and bolster his chances of becoming VP soon - at least he now understands what L1 regularization is), was a master at playing corporate politics and self-promotion. No matter how few actionable insights team Y produced or how little code they deployed to production, he always had their back and made sure they had ample funding. In fact he now had grandiose plans for setting up an all-purpose machine learning platform that can be used to solve all of the company's data problems.  A couple of sharp minded members of team Y, upon googling their industry name along with the word "data science", realized that risk analysis was a prime candidate for being solved with Bayesian models, and there was already a nifty R package for doing just that, whose tutorial they went through on R-Bloggers.com. One of them had even submitted a Bayesian classifier Kernel for a competition on Kaggle (he was 203rd on the leaderboard), and was eager to put his new-found expertise to use on a real world problem. They pitched the idea to their director, who saw a perfect use case for his upcoming ML platform. They started work on it immediately, without bothering to check whether anybody at Company A was already doing risk analysis. Since their org was independent, they didn't really need to check with anybody else before they got funding for their initiative. Although it was basically a Naive Bayes classifier, the term ML was added to the project tile, to impress the board.  As they progressed with their work however, tensions started to build. They had asked the data warehousing and CA analytics teams to build pipelines for them, and word eventually got out to team X about their project. Team X was initially thrilled: They offered to collaborate whole heartedly, and would have loved to add an ML based feather to their already impressive cap. The product owners and analysts were totally onboard as well: They saw a chance to get in on the whole Data Science hype that they kept hearing about. But through some weird mix of arrogance and insecurity, team Y refused to collaborate with them or share any of their long term goals with them, even as they went to other parts of the company giving brown bag presentations and tutorials on the new model they created.  Team X got resentful: from what they saw of team Y's model, their approach was hopelessly naive and had little chances of scaling or being sustainable in production, and they knew exactly how to help with that. Deploying the model to production would have taken them a few days, given how comfortable they were with DevOps and continuous delivery (team Y had taken several months to figure out how to deploy a simple R script to production). And despite how old school their own tech was, team X were crafty enough to be able to plug it in to their existing architecture. Moreover, the output of the model was such that it didn't take into account how the business will consume it or how it was going to be fed to downstream systems, and the product owners could have gone a long way in making the model more amenable to adoption by the business stakeholders. But team Y wouldn't listen, and their leads brushed off any attempts at communication, let alone collaboration. The vibe that team Y was giving off was "We are the cutting edge ML team, you guys are the legacy server grunts. We don't need your opinion.", and they seemed to have a complete disregard for domain knowledge, or worse, they thought that all that domain knowledge consisted of was being able to grasp the definitions of a few business metrics.  Team X got frustrated and tried to express their concerns to leadership. But despite owning a vital link in Company A's business process, they were only \~50 people in a large 1000 strong technology and operations org, and they were several layers removed from the C-suite, so it was impossible for them to get their voices heard.  Meanwhile, the unstoppable director was doing what he did best: Playing corporate politics. Despite how little his team had actually delivered, he had convinced the board that all analysis and optimization tasks should now be migrated to his yet to be delivered ML platform. Since most leaders now knew that there was overlap between team Y and team X's objectives, his pitch was no longer that team Y was going to create a new insight, but that they were going to replace (or modernize) the legacy statistics based on-prem tools with more accurate cloud based ML tools. Never mind that there was no support in the academic literature for the idea that Naive Bayes works better than the Econometric approaches used by team X, let alone the additional wacky idea that Bayesian Optimization would definitely outperform the QP solvers that were running in production.  Unbeknownst to team X, the original Bayesian risk analysis project has now grown into a multimillion dollar major overhaul initiative, which included the eventual replacement of all of the tools and functions supported by team X along with the necessary migration to the cloud. The CIO and a couple of business VPs are on now board, and tech leadership is treating it as a done deal. An outside vendor, a startup who nobody had heard of, was contracted to help build the platform, since team Y has no engineering skills. The choice was deliberate, as calling on any of the established consulting or software companies would have eventually led leadership to the conclusion that team X was better suited for a transformation on this scale than team Y.  Team Y has no experience with any major ERP deployments, and no domain knowledge, yet they are being tasked with fundamentally changing the business process that is at the core of Company A's business. Their models actually perform worse than those deployed by team X, and their architecture is hopelessly simplistic, compared to what is necessary for running such a solution in production.  Ironically, using Bayesian thinking and based on all the evidence, the likelihood that team Y succeeds is close to 0%. At best, the project is going to end up being a write off of 50 million dollars or more. Once the !@#$!@hits the fan, a couple of executive heads are going to role, and dozens of people will get laid off. At worst, given how vital risk analysis and portfolio optimization is to Company A's revenue stream, the failure will eventually sink the whole company. It probably won't go bankrupt, but it will lose a significant portion of its business and work force. Failed ERP implementations can and do sink large companies: Just see what happened to National Grid US, SuperValu or Target Canada.  One might argue that this is more about corporate disfunction and bad leadership than about data science and AI. But I disagree. I think the core driver of this debacle is indeed the blind faith in Data Scientists, ML models and the promise of AI, and the overall culture of hype and self promotion that is very common among the ML crowd.  We haven't seen the end of this story: I sincerely hope that this ends well for the sake of my colleagues and all involved. Company A is a good company, and both its customers and its employees deserver better. But the chances of that happening are negligible given all the information available, and this failure will hit my company hard.

[D] The Rants of an experienced engineer who glimpsed into AI Academia (Briefly)

Background I recently graduated with a master's degree and was fortunate/unfortunate to glimpse the whole "Academic" side of ML. I took a thesis track in my degree because as an immigrant it's harder to get into a good research lab without having authorship in a couple of good papers (Or so I delude myself ). I worked as a Full-stack SWE for a startup for 4+ years before coming to the US for a master’s degree focused on ML and AI. I did everything in those years. From project management to building fully polished S/W products to DevOps to even dabbled in ML. I did my Batchelor’s degree from a university whose name is not even worth mentioning. The university for my master’s degree is in the top 20 in the AI space. I didn't know much about ML and the curiosity drove me to university. Come to uni and I focused on learning ML and AI for one 1-1.5 years after which I found advisors for a thesis topic. This is when the fun starts. I had the most amazing advisors but the entire peer review system and the way we assess ML/Science is what ticked me off. This is where the rant begins. Rant 1:Acadmia follows a Gated Institutional Narrative Let's say you are a Ph.D. at the world's top AI institution working under the best prof. You have a way higher likelihood of you getting a good Postdoc at a huge research lab vs someone's from my poor country doing a Ph.D. with a not-so-well-known advisor having published not-so-well-known papers. I come from a developing nation and I see this many times here. In my country academics don't get funding as they do at colleges in the US. One of the reasons for this is that colleges don't have such huge endowments and many academics don't have wealthy research sponsors. Brand names and prestige carry massive weight to help get funding in US academic circles. This prestige/money percolates down to the students and the researchers who work there. Students in top colleges get a huge advantage and the circles of top researchers keep being from the same sets of institutions. I have nothing against top researchers from top institutions but due to the nature of citations and the way the money flows based on them, a vicious cycle is created where the best institutions keep getting better and the rest don't get as much of a notice. Rant 2: Peer Review without Code Review in ML/AI is shady I am a computer scientist and I was appalled when I heard that you don't need to do code reviews for research papers. As a computer scientist and someone who actually did shit tons of actual ML in the past year, I find it absolutely garbage that code reviews are not a part of this system. I am not saying every scientist who reads a paper should review code but at least one person should for any paper's code submission. At least in ML and AI space. This is basic. I don't get why people call themselves computer scientists if they don't want to read the fucking code. If you can't then make a grad student do it. But for the collective of science, we need this. The core problem lies in the fact that peer review is free. : There should be better solutions for this. We ended up creating Git and that changed so many lives. Academic Research needs something similar. Rant 3: My Idea is Novel Until I see Someone Else's Paper The volume of scientific research is growing exponentially. Information is being created faster than we can digest. We can't expect people to know everything and the amount of overlap in the AI/ML fields requires way better search engines than Google Scholar. The side effect of large volumes of research is that every paper is doing something "novel" making it harder to filter what the fuck was novel. I have had so many experiences where I coded up something and came to realize that someone else has done something symbolically similar and my work just seems like a small variant of that. That's what fucks with my head. Is what I did in Novel? What the fuck is Novel? Is stitching up a transformer to any problem with fancy embeddings and tidying it up as a research paper Novel? Is just making a transformer bigger Novel? Is some new RL algorithm tested with 5 seeds and some fancy fucking prior and some esoteric reasoning for its success Novel? Is using an over parameterized model to get 95% accuracy on 200 sample test set Novel? Is apply Self-supervised learning for some new dataset Novel? If I keep on listing questions on novelty, I can probably write a novel asking about what the fuck is "Novel". Rant 4: Citation Based Optimization Promotes Self Growth Over Collective Growth Whatever people may say about collaboration, Academia intrinsically doesn't promote the right incentive structures to harbor collaboration. Let me explain, When you write a paper, the position of your name matters. If you are just a Ph.D. student and a first author to a paper, it's great. If you are an nth author Not so great. Apparently, this is a very touchy thing for academics. And lots of egos can clash around numbering and ordering of names. I distinctly remember once attending some seminar in a lab and approaching a few students on research project ideas. The first thing that came out of the PhD student's mouth was the position in authorship. As an engineer who worked with teams in the past, this was never something I had thought about. Especially because I worked in industry, where it's always the group over the person. Academia is the reverse. Academia applauds the celebration of the individual's achievements. All of this is understandable but it's something I don't like. This makes PhDs stick to their lane. The way citations/research-focus calibrate the "hire-ability" and "completion of Ph.D. thesis" metrics, people are incentivized to think about themselves instead of thinking about collaborations for making something better. Conclusion A Ph.D. in its most idealistic sense for me is the pursuit of hard ideas(I am poetic that way). In a situation like now when you have to publish or perish and words on paper get passed off as science without even seeing the code that runs it, I am extremely discouraged to go down that route. All these rants are not to diss on scientists. I did them because "we" as a community need better ways to addressing some of these problems. P.S. Never expected so many people to express their opinions about this rant. U shouldn’t take this seriously. As many people have stated I am an outsider with tiny experience to give a full picture. I realize that my post as coming out as something which tries to dichotomize academia and industry. I am not trying to do that. I wanted to highlight some problems I saw for which there is no one person to blame. These issues are in my opinion a byproduct of the economics which created this system. Thank you for gold stranger.

[R] Analysis of 400+ ML competitions in 2024

I run mlcontests.com, a website that lists ML competitions from across multiple platforms - Kaggle, DrivenData, AIcrowd, Zindi, etc… I’ve just spent a few months looking through all the info I could find on last year’s competitions, as well as winning solutions.  I found over 400 competitions that happened last year, plus info on the #1 winning solution for 70 of those.  Some highlights: Kaggle is still the biggest platform by total prize money, and also has a much bigger user base than the other platforms - though there are well over a dozen other platforms worth keeping track of, with regular interesting competitions and meaningful prize money. An increase in competitions with $1m+ prize pools (ARC Prize, AI Mathematical Olympiad, Vesuvius Challenge, AI Cyber Challenge) compared to previous years. Python continues to be the language of choice among competition winners, with almost everyone using Python as their main language. One winner used Rust, two used R.  Convolutional neural nets continue to do well in computer vision competitions, and are still more common among competition winners than transformer-based vision models.  PyTorch is still used a lot more than TensorFlow, roughly 9:1. Didn’t find any competition winners implementing neural nets in JAX or other libraries.  There were a few competition winners using AutoML packages, which seem to be getting increasingly useful. Any claims of generalist autonomous grandmaster-level agents seem premature though.  In language/text/sequence-related competitions, quantisation was key for making use of limited resources effectively. Usually 4-, 5-, or 8-bit. LoRA/QLoRA was also used quite often, though not always.  Gradient-boosted decision trees continue to win a lot of tabular/time-series competitions. They’re often ensembled with deep learning models. No tabular/time-series pre-trained foundation models were used by winners in 2024, as far as I can tell.  Starting to see more uptake of Polars for dataframes, with 7 winners using Polars in 2024 (up from 3 in 2023) vs 58 using Pandas. All those who used Polars also still used Pandas in some parts of their code.  In terms of hardware, competition winners almost entirely used NVIDIA GPUs to train their models. Some trained on CPU-only, or used a TPU through Colab. No AMD GPUs. The NVIDIA A100 was the most commonly used GPU among winners. Two of the $1m+ prize pool competitions were won by teams using 8xH100 nodes for training. A lot of other GPUs too though: T4/P100 (through Kaggle Notebooks), or consumer GPUs like RTX 3090/4090/3080/3060. Some spent hundreds of dollars on cloud compute to train their solutions.  An emerging pattern: using generative models to create additional synthetic training data to augment the training data provided.  There’s way more detail in the full report, which you can read here (no paywall): https://mlcontests.com/state-of-machine-learning-competitions-2024?ref=mlcr Processing img xmm4ywg9h9le1... The full report also features: A deep dive into the ARC Prize and the AI Mathematical Olympiad An overview of winning solutions to NLP/sequence competitions A breakdown of Python packages used in winning solutions (e.g. relative popularity of various gradient-boosted tree libraries) If you’d like to support this research, I’d really appreciate it if you could share it with anyone else who might find it interesting. You can also check out my newly-launched online magazine, Jolt ML \- featuring news from top ML conferences as well as long-read articles (just one so far, more to come!).  Thanks to the competition winners who shared info on their solutions, and also to the competition platforms who shared high-level data on their competitions.

[N] Netflix and European Space Agency no longer working with Siraj Raval

According to article in The Register: A Netflix spokesperson confirmed to The Register it wasn’t working with Raval, and the ESA has cancelled the whole workshop altogether. “The situation is as it is. The workshop is cancelled, and that’s all,” Guillaume Belanger, an astrophysicist and the INTEGRAL Science Operations Coordinator at the ESA, told The Register on Monday. Raval isn’t about to quit his work any time soon, however. He promised students who graduated from his course that they would be referred to recruiters at Nvidia, Intel, Google and Amazon for engineering positions, or matched with a startup co-founder or a consulting client. In an unlisted YouTube video recorded live for his students discussing week eight of his course, and seen by El Reg, he read out a question posed to him: “Will your referrals hold any value now?” “Um, yeah they’re going to hold value. I don’t see why they wouldn’t. I mean, yes, some people on Twitter were angry but that has nothing to do with… I mean… I’ve also had tons of support, you know. I’ve had tons of support from people, who, uh, you know, support me, who work at these companies. He continues to justify his actions: “Public figures called me in private to remind me that this happens. You know, people make mistakes. You just have to keep going. They’re basically just telling me to not to stop. Of course, you make mistakes but you just keep going,” he claimed. When The Register asked Raval for comment, he responded: I've hardly taken any time off to relax since I first started my YouTube channel almost four years ago. And despite the enormous amount of work it takes to release two high quality videos a week for my audience, I progressively started to take on multiple other projects simultaneously by myself – a book, a docu-series, podcasts, YouTube videos, the course, the school of AI. Basically, these past few weeks, I've been experiencing a burnout unlike anything I've felt before. As a result, all of my output has been subpar. I made the [neural qubits] video and paper in one week. I remember wishing I had three to six months to really dive into quantum machine-learning and make something awesome, but telling myself I couldn't take that long as it would hinder my other projects. I plagiarized large chunks of the paper to meet my self-imposed one-week deadline. The associated video with animations took a lot more work to make. I didn't expect the paper to be cited as serious research, I considered it an additional reading resource for people who enjoyed the associated video to learn more about quantum machine learning. If I had a second chance, I'd definitely take way more time to write the paper, and in my own words. I've given refunds to every student who's asked so far, and the majority of students are still enrolled in the course. There are many happy students, they're just not as vocal on social media. We're on week 8 of 10 of my course, fully committed to student success. “And, no, I haven't plagiarized research for any other paper,” he added. https://www.theregister.co.uk/2019/10/14/ravelaiyoutube/

[P] My experiments with Knowledge Distillation

Hi r/MachineLearning community! I conducted several experiments on Knowledge Distillation and wanted to share my findings. Here is a snippet of the results comparing performance of teacher, student, fine tuned and distilled models: |Dataset|Qwen2 Model Family|MMLU (Reasoning)|GSM8k (Math)|WikiSQL (Coding)| |:-|:-|:-|:-|:-| |||||| |1|Pretrained - 7B|0.598|0.724|0.536| |2|Pretrained - 1.5B|0.486|0.431|0.518| |3|Finetuned - 1.5B|0.494|0.441|0.849| |4|Distilled - 1.5B, Logits Distillation|0.531|0.489|0.862| |5|Distilled - 1.5B, Layers Distillation|0.527|0.481|0.841| For a detailed analysis, you can read this report. I also created an open source library to facilitate its adoption. You can try it here. My conclusion: Prefer distillation over fine-tuning when there is a substantial gap between the larger and smaller model on the target dataset. In such cases, distillation can effectively transfer knowledge, leading to significantly better performance than standard fine-tuning alone. P.S. This blog post gives a high level introduction to Distillation. Let me know what you think!

I am Jürgen Schmidhuber, AMA!

Hello /r/machinelearning, I am Jürgen Schmidhuber (pronounce: You_again Shmidhoobuh) and I will be here to answer your questions on 4th March 2015, 10 AM EST. You can post questions in this thread in the meantime. Below you can find a short introduction about me from my website (you can read more about my lab’s work at people.idsia.ch/~juergen/). Edits since 9th March: Still working on the long tail of more recent questions hidden further down in this thread ... Edit of 6th March: I'll keep answering questions today and in the next few days - please bear with my sluggish responses. Edit of 5th March 4pm (= 10pm Swiss time): Enough for today - I'll be back tomorrow. Edit of 5th March 4am: Thank you for great questions - I am online again, to answer more of them! Since age 15 or so, Jürgen Schmidhuber's main scientific ambition has been to build an optimal scientist through self-improving Artificial Intelligence (AI), then retire. He has pioneered self-improving general problem solvers since 1987, and Deep Learning Neural Networks (NNs) since 1991. The recurrent NNs (RNNs) developed by his research groups at the Swiss AI Lab IDSIA (USI & SUPSI) & TU Munich were the first RNNs to win official international contests. They recently helped to improve connected handwriting recognition, speech recognition, machine translation, optical character recognition, image caption generation, and are now in use at Google, Microsoft, IBM, Baidu, and many other companies. IDSIA's Deep Learners were also the first to win object detection and image segmentation contests, and achieved the world's first superhuman visual classification results, winning nine international competitions in machine learning & pattern recognition (more than any other team). They also were the first to learn control policies directly from high-dimensional sensory input using reinforcement learning. His research group also established the field of mathematically rigorous universal AI and optimal universal problem solvers. His formal theory of creativity & curiosity & fun explains art, science, music, and humor. He also generalized algorithmic information theory and the many-worlds theory of physics, and introduced the concept of Low-Complexity Art, the information age's extreme form of minimal art. Since 2009 he has been member of the European Academy of Sciences and Arts. He has published 333 peer-reviewed papers, earned seven best paper/best video awards, and is recipient of the 2013 Helmholtz Award of the International Neural Networks Society.

[R] Forget the Data and Fine-tuning! Just Fold the Network to Compress [Feb, 2025]

Abstract: We introduce model folding, a novel data-free model compression technique that merges structurally similar neurons across layers, significantly reducing the model size without the need for fine-tuning or access to training data. Unlike existing methods, model folding preserves data statistics during compression by leveraging k-means clustering, and using novel data-free techniques to prevent variance collapse or explosion. Our theoretical framework and experiments across standard benchmarks, including ResNet18 and LLaMA-7B, demonstrate that model folding achieves comparable performance to data-driven compression techniques and outperforms recently proposed data-free methods, especially at high sparsity levels. This approach is particularly effective for compressing large-scale models, making it suitable for deployment in resource-constrained environments. Our code is online. PDF Format: https://arxiv.org/pdf/2502.10216 Summary (AI used to summarize): Summary of Novel Contributions in "Just Fold the Network to Compress" Introduction Problem Addressed: Traditional model compression techniques (e.g., pruning, quantization) require fine-tuning or access to training data to maintain performance, limiting their use in data-constrained scenarios. Novelty: Data-Free Compression: Introduces model folding, a method that compresses models without fine-tuning or training data by merging structurally similar neurons. Variance Preservation: Addresses variance collapse (reduced activation variance degrading performance) and variance overshooting (excessive variance) through novel data-free techniques. Preliminaries Background: Prior work in neuron alignment (e.g., weight matching) and data-driven variance repair (e.g., REPAIR) relies on data or fine-tuning. Novelty: Data-Free Neuron Alignment: Extends weight matching to intra-model neuron clustering via k-means, avoiding dependency on input data. Theoretical Connection: Frames model folding as a k-means optimization problem, proving it minimizes Frobenius norm approximation error during compression. Model Folding Core Innovations: Layer-Wise Clustering: Merges neurons by applying k-means to weight matrices across consecutive layers, reducing redundancy while preserving inter-layer dependencies. Fold-AR (Approximate REPAIR): Estimates intra-cluster correlations to rescale activations, preventing variance collapse without data. Fold-DIR (Deep Inversion REPAIR): Uses synthetic data generated via Deep Inversion (optimizing noise to match BatchNorm statistics) to recalibrate activation variances. Handling Complex Architectures: Extends folding to residual connections and BatchNorm layers by clustering combined weight-normalization matrices. Experiments Key Results: High Sparsity Performance: Outperforms data-free methods (e.g., IFM, INN) by 10–15% accuracy at 70% sparsity on ResNet18/CIFAR10. LLM Compression: Achieves comparable perplexity to data-driven methods on LLaMA-7B without fine-tuning or data. Variance Alignment: Fold-AR and Fold-DIR maintain variance ratios close to 1, avoiding collapse/overshooting (Fig. 4). Limitations and Future Work Limitations: Effectiveness depends on model redundancy (less effective for compact models). Uniform sparsity per layer (future work may optimize layer-wise sparsity). Potential Benefits for SOTA Models Edge Deployment: Enables compression of large models (e.g., LLMs) for smartphones/IoT devices without data access or retraining. Privacy-Sensitive Domains: Critical for healthcare/finance where data cannot be used for calibration. Efficiency at Scale: Reduces LLM size by 20–50% with minimal performance loss, lowering inference costs. Robustness to OOD Data: Fold-AR/Fold-DIR mitigate performance drops caused by out-of-distribution calibration data in data-driven methods. Example Impact: A folded LLM could run on edge devices like NVIDIA Jetson Nano with ~50% fewer parameters, maintaining usability for tasks like text generation while reducing memory and energy consumption.

[P] The Big Sleep: Text-to-image generation using BigGAN and OpenAI's CLIP via a Google Colab notebook from Twitter user Adverb

From https://twitter.com/advadnoun/status/1351038053033406468: The Big Sleep Here's the notebook for generating images by using CLIP to guide BigGAN. It's very much unstable and a prototype, but it's also a fair place to start. I'll likely update it as time goes on. colab.research.google.com/drive/1NCceX2mbiKOSlAd\o7IU7nA9UskKN5WR?usp=sharing I am not the developer of The Big Sleep. This is the developer's Twitter account; this is the developer's Reddit account. Steps to follow to generate the first image in a given Google Colab session: Optionally, if this is your first time using Google Colab, view this Colab introduction and/or this Colab FAQ. Click this link. Sign into your Google account if you're not already signed in. Click the "S" button in the upper right to do this. Note: Being signed into a Google account has privacy ramifications, such as your Google search history being recorded in your Google account. In the Table of Contents, click "Parameters". Find the line that reads "tx = clip.tokenize('''a cityscape in the style of Van Gogh''')" and change the text inside of the single quote marks to your desired text; example: "tx = clip.tokenize('''a photo of New York City''')". The developer recommends that you keep the three single quote marks on both ends of your desired text so that mult-line text can be used An alternative is to remove two of the single quotes on each end of your desired text; example: "tx = clip.tokenize('a photo of New York City')". In the Table of Contents, click "Restart the kernel...". Position the pointer over the first cell in the notebook, which starts with text "import subprocess". Click the play button (the triangle) to run the cell. Wait until the cell completes execution. Click menu item "Runtime->Restart and run all". In the Table of Contents, click "Diagnostics". The output appears near the end of the Train cell that immediately precedes the Diagnostics cell, so scroll up a bit. Every few minutes (or perhaps 10 minutes if Google assigned you relatively slow hardware for this session), a new image will appear in the Train cell that is a refinement of the previous image. This process can go on for as long as you want until Google ends your Google Colab session, which is a total of up to 12 hours for the free version of Google Colab. Steps to follow if you want to start a different run using the same Google Colab session: Click menu item "Runtime->Interrupt execution". Save any images that you want to keep by right-clicking on them and using the appropriate context menu command. Optionally, change the desired text. Different runs using the same desired text almost always results in different outputs. Click menu item "Runtime->Restart and run all". Steps to follow when you're done with your Google Colab session: Click menu item "Runtime->Manage sessions". Click "Terminate" to end the session. Optionally, log out of your Google account due to the privacy ramifications of being logged into a Google account. The first output image in the Train cell (using the notebook's default of seeing every 100th image generated) usually is a very poor match to the desired text, but the second output image often is a decent match to the desired text. To change the default of seeing every 100th image generated, change the number 100 in line "if itt % 100 == 0:" in the Train cell to the desired number. For free-tier Google Colab users, I recommend changing 100 to a small integer such as 5. Tips for the text descriptions that you supply: In Section 3.1.4 of OpenAI's CLIP paper (pdf), the authors recommend using a text description of the form "A photo of a {label}." or "A photo of a {label}, a type of {type}." for images that are photographs. A Reddit user gives these tips. The Big Sleep should generate these 1,000 types of things better on average than other types of things. Here is an article containing a high-level description of how The Big Sleep works. The Big Sleep uses a modified version of BigGAN as its image generator component. The Big Sleep uses the ViT-B/32 CLIP model to rate how well a given image matches your desired text. The best CLIP model according to the CLIP paper authors is the (as of this writing) unreleased ViT-L/14-336px model; see Table 10 on page 40 of the CLIP paper (pdf) for a comparison. There are many other sites/programs/projects that use CLIP to steer image/video creation to match a text description. Some relevant subreddits: r/bigsleep (subreddit for images/videos generated from text-to-image machine learning algorithms). r/deepdream (subreddit for images/videos generated from machine learning algorithms). r/mediasynthesis (subreddit for media generation/manipulation techniques that use artificial intelligence; this subreddit shouldn't be used to post images/videos unless new techniques are demonstrated, or the images/videos are of high quality relative to other posts). Example using text 'a black cat sleeping on top of a red clock': https://preview.redd.it/7xq58v7022c61.png?width=512&format=png&auto=webp&s=a229ae9add555cd1caba31c42b60d907ffe67773 Example using text 'the word ''hot'' covered in ice': https://preview.redd.it/6kxdp8u3k2c61.png?width=512&format=png&auto=webp&s=5bd078b0111575f5d88a1dc53b0aeb933f3b0da6 Example using text 'a monkey holding a green lightsaber': https://preview.redd.it/rdsybsoaz2c61.png?width=512&format=png&auto=webp&s=2769d4c6c883c1c35ae0b1c629bebe9bc1d41393 Example using text 'The White House in Washington D.C. at night with green and red spotlights shining on it': https://preview.redd.it/w4mg90xsf5c61.png?width=512&format=png&auto=webp&s=5f18318de2f77bcd8a86e71e87048fadd30383d1 Example using text '''A photo of the Golden Gate Bridge at night, illuminated by spotlights in a tribute to Prince''': https://preview.redd.it/cn4ecuafhic61.png?width=512&format=png&auto=webp&s=397c838fdc49f13c5f17110b92c78b95bf0dcac0 Example using text '''a Rembrandt-style painting titled "Robert Plant decides whether to take the stairway to heaven or the ladder to heaven"''': https://preview.redd.it/h7rb3y6j5jc61.png?width=512&format=png&auto=webp&s=537bfe8210af185647b00e7585c948aa2c4e0ffb Example using text '''A photo of the Empire State Building being shot at with the laser cannons of a TIE fighter.''': https://preview.redd.it/cwi7i639c5d61.png?width=512&format=png&auto=webp&s=0510c8b93adb40eee4d3f41607f1c215d41e55ff Example using text '''A cartoon of a new mascot for the Reddit subreddit DeepDream that has a mouse-like face and wears a cape''': https://preview.redd.it/wtxbduevcbd61.png?width=512&format=png&auto=webp&s=c5d266258922bc62f25c80a08cd9cabc07d9cb1c Example using text '''Bugs Bunny meets the Eye of Sauron, drawn in the Looney Tunes cartoon style''': https://preview.redd.it/gmljaeekuid61.png?width=512&format=png&auto=webp&s=9ea578de165e12afc3a62bf6886bc1ae9dc19bec Example using text '''Photo of a blue and red neon-colored frog at night.''': https://preview.redd.it/nzlypte6wzd61.png?width=512&format=png&auto=webp&s=7e10b06f22cfc57c64b6d05738c7486b895083df Example using text '''Hell begins to freeze over''': https://preview.redd.it/vn99we9ngmf61.png?width=512&format=png&auto=webp&s=2408efd607f0ab40a08db6ee67448791aa813993 Example using text '''A scene with vibrant colors''': https://preview.redd.it/4z133mvrgmf61.png?width=512&format=png&auto=webp&s=b78e7a8e3f736769655056093a9904ff09a355a1 Example using text '''The Great Pyramids were turned into prisms by a wizard''': https://preview.redd.it/zxt6op7vgmf61.png?width=512&format=png&auto=webp&s=53e578cfde14b28afe27957e95e610b89afadd44

[D] Do you know any tools (libraries/frameworks) that are intuitive enough for teenagers for a practical introduction to AI?

Hello, I am a computer science student and I am trying to set up a workshop for high-school students to give them a first hands-on introduction to AI, more specifically to computer vision. So, I was wondering if you know any frameworks or tools or libraries that would raise awareness about AI and give a first incentive about it to teenagers.Any help would be very much appreciated!Cheers!

[N] How Stability AI’s Founder Tanked His Billion-Dollar Startup

forbes article: https://www.forbes.com/sites/kenrickcai/2024/03/29/how-stability-ais-founder-tanked-his-billion-dollar-startup/ archive no paywall: https://archive.is/snbeV How Stability AI’s Founder Tanked His Billion-Dollar Startup Mar 29, 2024 Stability AI founder Emad Mostaque took the stage last week at the Terranea Resort in Palos Verdes, California to roaring applause and an introduction from an AI-generated Aristotle who announced him as “a modern Prometheus” with “the astuteness of Athena and the vision of Daedalus.” “Under his stewardship, AI becomes the Herculean force poised to vanquish the twin serpents of illness and ailment and extend the olive branch of longevity,” the faux Aristotle proclaimed. “I think that’s the best intro I’ve ever had,” Mostaque said. But behind Mostaque's hagiographic introduction lay a grim and fast metastasizing truth. Stability, once one of AI’s buzziest startups, was floundering. It had been running out of money for months and Mostaque had been unable to secure enough additional funding. It had defaulted on payments to Amazon whose cloud service undergirded Stability’s core offerings. The star research team behind its flagship text-to-image generator Stable Diffusion had tendered their resignations just three days before — as Forbes would first report — and other senior leaders had issued him an ultimatum: resign, or we walk too. Still, onstage before a massive audience of peers and acolytes, Mostaque talked a big game. “AI is jet planes for the mind,” he opined. “AI is our collective intelligence. It's the human Colossus.” He claimed a new, faster version of the Stable Diffusion image generator released earlier this month could generate “200 cats with hats per second.” But later, when he was asked about Stability’s financial model, Mostaque fumbled. “I can’t say that publicly,” he replied. “But it’s going well. We’re ahead of forecast.” Four days later, Mostaque stepped down as CEO of Stability, as Forbes first reported. In a post to X, the service formerly known as Twitter, he claimed he’d voluntarily abdicated his role to decentralize “the concentration of power in AI.” But sources told Forbes that was hardly the case. Behind the scenes, Mostaque had fought to maintain his position and control despite mounting pressure externally and internally to step down. Company documents and interviews with 32 current and former employees, investors, collaborators and industry observers suggest his abrupt exit was the result of poor business judgment and wild overspending that undermined confidence in his vision and leadership, and ultimately kneecapped the company. Mostaque, through his attorneys, declined to comment on record on a detailed list of questions about the reporting in this story. But in an email to Forbes earlier this week he broadly disputed the allegations. “Nobody tells you how hard it is to be a CEO and there are better CEOs than me to scale a business,” he said in a statement. “I am not sure anyone else would have been able to build and grow the research team to build the best and most widely used models out there and I’m very proud of the team there. I look forward to moving onto the next problem to handle and hopefully move the needle.” In an emailed statement, Christian Laforte and Shan Shan Wong, the interim co-CEOs who replaced Mostaque, said, "the company remains focused on commercializing its world leading technology” and providing it “to partners across the creative industries." After starting Stability in 2019, Mostaque built the company into an early AI juggernaut by seizing upon a promising research project that would become Stable Diffusion and funding it into a business reality. The ease with which the software generated detailed images from the simplest text prompts immediately captivated the public: 10 million people used it on any given day, the company told Forbes in early 2023. For some true believers, Mostaque was a crucial advocate for open-source AI development in a space dominated by the closed systems of OpenAI, Google and Anthropic. But his startup’s rise to one of the buzziest in generative AI was in part built on a series of exaggerations and misleading claims, as Forbes first reported last year (Mostaque disputed some points at the time). And they continued after he raised $100 million at a $1 billion valuation just days after launching Stable Diffusion in 2022. His failure to deliver on an array of grand promises, like building bespoke AI models for nation states, and his decision to pour tens of millions into research without a sustainable business plan, eroded Stability’s foundations and jeopardized its future. "He was just giving shit away,” one former employee told Forbes. “That man legitimately wanted to transform the world. He actually wanted to train AI models for kids in Malawi. Was it practical? Absolutely not." By October 2023, Stability would have less than $4 million left in the bank, according to an internal memo prepared for a board meeting and reviewed by Forbes. And mounting debt, including months of overdue Amazon Web Services payments, had already left it in the red. To avoid legal penalties for skipping Americans staff’s payroll, the document explained, the London-based startup was considering delaying tax payments to the U.K. government. It was Stability’s armada of GPUs, the wildly powerful and equally expensive chips undergirding AI, that were so taxing the company’s finances. Hosted by AWS, they had long been one of Mostaque’s bragging points; he often touted them as one of the world’s 10 largest supercomputers. They were responsible for helping Stability’s researchers build and maintain one of the top AI image generators, as well as break important new ground on generative audio, video and 3D models. “Undeniably, Stability has continued to ship a lot of models,” said one former employee. “They may not have profited off of it, but the broader ecosystem benefitted in a huge, huge way.” But the costs associated with so much compute were now threatening to sink the company. According to an internal October financial forecast seen by Forbes, Stability was on track to spend $99 million on compute in 2023. It noted as well that Stability was “underpaying AWS bills for July (by $1M)” and “not planning to pay AWS at the end of October for August usage ($7M).” Then there were the September and October bills, plus $1 million owed to Google Cloud and $600,000 to GPU cloud data center CoreWeave. (Amazon, Google and CoreWeave declined to comment.) With an additional $54 million allocated to wages and operating expenses, Stability’s total projected costs for 2023 were $153 million. But according to its October financial report, its projected revenue for the calendar year was just $11 million. Stability was on track to lose more money per month than it made in an entire year. The company’s dire financial position had thoroughly soured Stability’s current investors, including Coatue, which had invested tens of millions in the company during its $101 million funding round in 2022. In the middle of 2023, Mostaque agreed to an independent audit after Coatue raised a series of concerns, according to a source with direct knowledge of the matter. The outcome of the investigation is unclear. Coatue declined to comment. Within a week of an early October board meeting where Mostaque shared that financial forecast, Lightspeed Venture Partners, another major investor, sent a letter to the board urging them to sell the company. The distressing numbers had “severely undermined” the firm’s confidence in Mostaque’s ability to lead the company. “In particular, we are surprised and deeply concerned by a cash position just now disclosed to us that is inconsistent with prior discussions on this topic,” Lightspeed’s general counsel Brett Nissenberg wrote in the letter, a copy of which was viewed by Forbes. “Lightspeed believes that the company is not likely financeable on terms that would assure the company’s long term sound financial position.” (Lightspeed declined a request for comment.) The calls for a sale led Stability to quietly begin looking for a buyer. Bloomberg reported in November that Stability approached AI startups Cohere and Jasper to gauge their interest. Stability denied this, and Jasper CEO Timothy Young did the same when reached for comment by Forbes. A Cohere representative declined to comment. But one prominent AI company confirmed that Mostaque’s representatives had reached out to them to test the waters. Those talks did not advance because “the numbers didn’t add up,” this person, who declined to be named due to the confidential nature of the talks, told Forbes. Stability also tried to court Samsung as a buyer, going so far as to redecorate its office in advance of a planned meeting with the Korean electronics giant. (Samsung said that it invested in Stability in 2023 and that it does not comment on M&A discussions.) Coatue had been calling for Mostaque’s resignation for months, according to a source with direct knowledge. But it and other investors were unable to oust him because he was the company’s majority shareholder. When they tried a different tact by rallying other investors to offer him a juicy equity package to resign, Mostaque refused, said two sources. By October, Coatue and Lightspeed had had enough. Coatue left the board and Lightspeed resigned its observer seat. “Emad infuriated our initial investors so much it’s just making it impossible for us to raise more money under acceptable terms,” one current Stability executive told Forbes. The early months of 2024 saw Stability’s already precarious position eroding further still. Employees were quietly laid off. Three people in a position to know estimated that at least 10% of staff were cut. And cash reserves continued to dwindle. Mostaque mentioned a lifeline at the October board meeting: $95 million in tentative funding from new investors, pending due diligence. But in the end, only a fraction of it was wired, two sources say, much of it from Intel, which Forbes has learned invested $20 million, a fraction of what was reported. (Intel did not return a request for comment by publication time.) Two hours after Forbes broke the news of Mostaque’s plans to step down as CEO, Stability issued a press release confirming his resignation. Chief operating officer Wong and chief technology officer Laforte have taken over in the interim. Mostaque, who said on X that he still owns a majority of the company, also stepped down from the board, which has now initiated a search for a permanent CEO. There is a lot of work to be done to turn things around, and very little time in which to do it. Said the current Stability executive, “There’s still a possibility of a turnaround story, but the odds drop by the day.” In July of 2023, Mostaque still thought he could pull it off. Halfway through the month, he shared a fundraising plan with his lieutenants. It was wildly optimistic, detailing the raise of $500 million in cash and another $750 million in computing facilities from marquee investors like Nvidia, Google, Intel and the World Bank (Nvidia and Google declined comment. Intel did not respond. The World Bank said it did not invest in Stability). In a Slack message reviewed by Forbes, Mostaque said Google was “willing to move fast” and the round was “likely to be oversubscribed.” It wasn’t. Three people with direct knowledge of these fundraising efforts told Forbes that while there was some interest in Stability, talks often stalled when it came time to disclose financials. Two of them noted that earlier in the year, Mostaque had simply stopped engaging with VCs who asked for numbers. Only one firm invested around that time: actor Ashton Kutcher’s Sound Ventures, which invested $35 million in the form of a convertible SAFE note during the second quarter, according to an internal document. (Sound Ventures did not respond to a request for comment.) And though he’d managed to score a meeting with Nvidia and its CEO Jensen Huang, it ended in disaster, according to two sources. “Under Jensen's microscopic questions, Emad just fell apart,” a source in position to know told Forbes. Huang quickly concluded Stability wasn’t ready for an investment from Nvidia, the sources said. Mostaque told Forbes in an email that he had not met with Huang since 2022, except to say “hello and what’s up a few times after.” His July 2023 message references a plan to raise $150 million from Nvidia. (Nvidia declined to comment.) After a June Forbes investigation citing more than 30 sources revealed Mostaque’s history of misleading claims, Mostaque struggled to raise funding, a Stability investor told Forbes. (Mostaque disputed the story at the time and called it "coordinated lies" in his email this week to Forbes). Increasingly, investors scrutinized his assertions and pressed for data. And Young, now the CEO of Jasper, turned down a verbal offer to be Stability’s president after reading the article, according to a source with direct knowledge of the matter. The collapse of the talks aggravated the board and other executives, who had hoped Young would compensate for the sales and business management skills that Mostaque lacked, according to four people in a position to know. (Young declined to comment.) When Stability’s senior leadership convened in London for the CogX conference in September, the financing had still not closed. There, a group of executives confronted Mostaque asking questions about the company’s cash position and runway, according to three people with direct knowledge of the incident. They did not get the clarity they’d hoped for. By October, Mostaque had reduced his fundraising target by more than 80%. The months that followed saw a steady drumbeat of departures — general counsel Adam Avrunin, vice presidents Mike Melnicki, Ed Newton-Rex and Joe Penna, chief people officer Ozden Onder — culminating in the demoralizing March exit of Stable Diffusion’s primary developers Robin Rombach, Andreas Blattmann, Patrick Esser and Dominik Lorenz. Rombach, who led the team, had been angling to leave for months, two sources said, first threatening to resign last summer because of the fundraising failures. Others left over concerns about cash flow, as well as liabilities — including what four people described as Mostaque’s lax approach to ensuring that Stability products could not be used to produce child sexual abuse imagery. “Stability AI is committed to preventing the misuse of AI and prohibits the use of our image models and services for unlawful activity, including attempts to edit or create CSAM,” Ella Irwin, senior vice president of integrity, said in a statement. Newton-Rex told Forbes he resigned because he disagreed with Stability’s position that training AI on copyrighted work without consent is fair use. Melnicki and Penna declined to comment. Avrunin and Onder could not be reached for comment. None of the researchers responded to requests for comment. The Stable Diffusion researchers’ departure as a cohort says a lot about the state of Stability AI. The company’s researchers were widely viewed as its crown jewels, their work subsidized with a firehose of pricey compute power that was even extended to people outside the company. Martino Russi, an artificial intelligence researcher, told Forbes that though he was never formally employed by Stability, the company provided him a “staggering” amount of compute between January and April 2023 to play around with developing an AI video generator that Stability might someday use. “It was Candy Land or Coney Island,” said Russi, who estimates that his experiment, which was ultimately shelved, cost the company $2.5 million. Stable Diffusion was simultaneously Stability’s marquee product and its existential cash crisis. One current employee described it to Forbes as “a giant vacuum that absorbed everything: money, compute, people.” While the software was widely used, with Mostaque claiming downloads reaching into the hundreds of millions, Stability struggled to translate that wild success into revenue. Mostaque knew it could be done — peers at Databricks, Elastic and MongoDB had all turned a free product into a lucrative business — he just couldn’t figure out how. His first attempt was Stability’s API, which allowed paying customers to integrate Stable Diffusion into their own products. In early 2023, a handful of small companies, like art generator app NightCafe and presentation software startup Tome, signed on, according to four people with knowledge of the deals. But Stability’s poor account management services soured many, and in a matter of months NightCafe and Tome canceled their contracts, three people said. NightCafe founder Angus Russell told Forbes that his company switched to a competitor which “offered much cheaper inference costs and a broader service.” Tome did not respond to a request for comment. Meanwhile, Mostaque’s efforts to court larger companies like Samsung and Snapchat were failing, according to five people familiar with the effort. Canva, which was already one of the heaviest users of open-sourced Stable Diffusion, had multiple discussions with Stability, which was angling for a contract it hoped would generate several millions in annual revenue. But the deal never materialized, four sources said. “These three companies wanted and needed us,” one former employee told Forbes. “They would have been the perfect customers.” (Samsung, Snap and Canva declined to comment.) “It’s not that there was not an appetite to pay Stability — there were tons of companies that would have that wanted to,” the former employee said. “There was a huge opportunity and demand, but just a resistance to execution.” Mostaque’s other big idea was to provide governments with bespoke national AI models that would invigorate their economies and citizenry. “Emad envisions a world where AI through 100 national models serves not as a tool of the few, but as a benefactor to all promising to confront great adversaries, cancer, autism, and the sands of time itself,” the AI avatar of Aristotle said in his intro at the conference. Mostaque told several prospective customers that he could deliver such models within 60 days — an untenable timeline, according to two people in position to know. Stability attempted to develop a model for the Singaporean government over the protestation of employees who questioned its technical feasibility, three sources familiar with the effort told Forbes. But it couldn’t pull it off and Singapore never became a customer. (The government of Singapore confirmed it did not enter into a deal with Stability, but declined to answer additional questions.) As Stability careened from one new business idea to another, resources were abruptly reallocated and researchers reassigned. The whiplash shifts in a largely siloed organization demoralized and infuriated employees. “There were ‘urgent’ things, ‘urgent urgent’ things and ‘most urgent,’” one former employee complained. “None of these things seem important if everything is important.” Another former Stability executive was far more pointed in their assessment. “Emad is the most disorganized leader I have ever worked with in my career,” this person told Forbes. “He has no vision, and changes directions every week, often based on what he sees on Twitter.” In a video interview posted shortly before this story was published, Mostaque explained his leadership style: “I'm particularly great at taking creatives, developers, researchers, others, and achieving their full potential in designing systems. But I should not be dealing with, you know, HR and operations and business development and other elements. There are far better people than me to do that.” By December 2023, Stability had partially abandoned its open-source roots and announced that any commercial use of Stable Diffusion would cost customers at least $20 per month (non-commercial and research use of Stable Diffusion would remain free). But privately, Stability was considering a potentially more lucrative source of revenue: reselling the compute it was leasing from providers like AWS, according to six people familiar with the effort. Though it was essentially GPU arbitrage, Stability framed the strategy to investors as a “managed services” offering. Its damning October financial report projected optimistically that such an offering would bring in $139 million in 2024 — 98% of its revenue. Multiple employees at the time told Forbes they feared reselling compute, even if the company called it “managed services,” would violate the terms of Stability’s contract with AWS. Amazon declined to comment. “The line internally was that we are not reselling compute,” one former employee said. “This was some of the dirtiest feeling stuff.” Stability also discussed reselling a cluster of Nvidia A100 chips, leased via CoreWeave, to the venture capital firm Andreessen Horowitz, three sources said. “It was under the guise of managed services, but there wasn’t any management happening,” one of these people told Forbes. Andreessen Horowitz and CoreWeave declined to comment. Stability did not respond to questions about if it plans to continue this strategy now that Mostaque is out of the picture. Regardless, interim co-CEOs Wong and Laforte are on a tight timeline to clean up his mess. Board chairman Jim O’Shaughnessy said in a statement that he was confident the pair “will adeptly steer the company forward in developing and commercializing industry-leading generative AI products.” But burn continues to far outpace revenue. The Financial Times reported Friday that the company made $5.4 million of revenue in February, against $8 million in costs. Several sources said there are ongoing concerns about making payroll for the roughly 150 remaining employees. Leadership roles have gone vacant for months amid the disarray, leaving the company increasingly directionless. Meanwhile, a potentially catastrophic legal threat looms over the company: A trio of copyright infringement lawsuits brought by Getty Images and a group of artists in the U.S. and U.K., who claim Stability illegally used their art and photography to train the AI models powering Stable Diffusion. A London-based court has already rejected the company’s bid to throw out one of the lawsuits on the basis that none of its researchers were based in the U.K. And Stability’s claim that Getty’s Delaware lawsuit should be blocked because it's a U.K.-based company was rejected. (Stability did not respond to questions about the litigation.) AI-related copyright litigation “could go on for years,” according to Eric Goldman, a law professor at Santa Clara University. He told Forbes that though plaintiffs suing AI firms face an uphill battle overcoming the existing legal precedent on copyright infringement, the quantity of arguments available to make are virtually inexhaustible. “Like in military theory, if there’s a gap in your lines, that’s where the enemy pours through — if any one of those arguments succeeds, it could completely change the generative AI environment,” he said. “In some sense, generative AI as an industry has to win everything.” Stability, which had more than $100 million in the bank just a year and a half ago, is in a deep hole. Not only does it need more funding, it needs a viable business model — or a buyer with the vision and chops to make it successful in a fast-moving and highly competitive sector. At an all hands meeting this past Monday, Stability’s new leaders detailed a path forward. One point of emphasis: a plan to better manage resources and expenses, according to one person in attendance. It’s a start, but Mostaque’s meddling has left them with little runway to execute. His resignation, though, has given some employees hope. “A few people are 100% going to reconsider leaving after today,” said one current employee. “And the weird gloomy aura of hearing Emad talking nonsense for an hour is gone.” Shortly before Mostaque resigned, one current Stability executive told Forbes that they were optimistic his departure could make Stability appealing enough to receive a small investment or sale to a friendly party. “There are companies that have raised hundreds of millions of dollars that have much less intrinsic value than Stability,” the person said. “A white knight may still appear.”

[D] I don't really trust papers out of "Top Labs" anymore

I mean, I trust that the numbers they got are accurate and that they really did the work and got the results. I believe those. It's just that, take the recent "An Evolutionary Approach to Dynamic Introduction of Tasks in Large-scale Multitask Learning Systems" paper. It's 18 pages of talking through this pretty convoluted evolutionary and multitask learning algorithm, it's pretty interesting, solves a bunch of problems. But two notes. One, the big number they cite as the success metric is 99.43 on CIFAR-10, against a SotA of 99.40, so woop-de-fucking-doo in the grand scheme of things. Two, there's a chart towards the end of the paper that details how many TPU core-hours were used for just the training regimens that results in the final results. The sum total is 17,810 core-hours. Let's assume that for someone who doesn't work at Google, you'd have to use on-demand pricing of $3.22/hr. This means that these trained models cost $57,348. Strictly speaking, throwing enough compute at a general enough genetic algorithm will eventually produce arbitrarily good performance, so while you can absolutely read this paper and collect interesting ideas about how to use genetic algorithms to accomplish multitask learning by having each new task leverage learned weights from previous tasks by defining modifications to a subset of components of a pre-existing model, there's a meta-textual level on which this paper is just "Jeff Dean spent enough money to feed a family of four for half a decade to get a 0.03% improvement on CIFAR-10." OpenAI is far and away the worst offender here, but it seems like everyone's doing it. You throw a fuckton of compute and a light ganache of new ideas at an existing problem with existing data and existing benchmarks, and then if your numbers are infinitesimally higher than their numbers, you get to put a lil' sticker on your CV. Why should I trust that your ideas are even any good? I can't check them, I can't apply them to my own projects. Is this really what we're comfortable with as a community? A handful of corporations and the occasional university waving their dicks at everyone because they've got the compute to burn and we don't? There's a level at which I think there should be a new journal, exclusively for papers in which you can replicate their experimental results in under eight hours on a single consumer GPU.

[D] We're the Meta AI research team behind CICERO, the first AI agent to achieve human-level performance in the game Diplomacy. We’ll be answering your questions on December 8th starting at 10am PT. Ask us anything!

EDIT 11:58am PT: Thanks for all the great questions, we stayed an almost an hour longer than originally planned to try to get through as many as possible — but we’re signing off now! We had a great time and thanks for all thoughtful questions! PROOF: https://i.redd.it/8skvttie6j4a1.png We’re part of the research team behind CICERO, Meta AI’s latest research in cooperative AI. CICERO is the first AI agent to achieve human-level performance in the game Diplomacy. Diplomacy is a complex strategy game involving both cooperation and competition that emphasizes natural language negotiation between seven players.   Over the course of 40 two-hour games with 82 human players, CICERO achieved more than double the average score of other players, ranked in the top 10% of players who played more than one game, and placed 2nd out of 19 participants who played at least 5 games.   Here are some highlights from our recent announcement: NLP x RL/Planning: CICERO combines techniques in NLP and RL/planning, by coupling a controllable dialogue module with a strategic reasoning engine.  Controlling dialogue via plans: In addition to being grounded in the game state and dialogue history, CICERO’s dialogue model was trained to be controllable via a set of intents or plans in the game. This allows CICERO to use language intentionally and to move beyond imitation learning by conditioning on plans selected by the strategic reasoning engine. Selecting plans: CICERO uses a strategic reasoning module to make plans (and select intents) in the game. This module runs a planning algorithm which takes into account the game state, the dialogue, and the strength/likelihood of various actions. Plans are recomputed every time CICERO sends/receives a message. Filtering messages: We built an ensemble of classifiers to detect low quality messages, like messages contradicting the game state/dialogue history or messages which have low strategic value. We used this ensemble to aggressively filter CICERO’s messages.  Human-like play: Over the course of 72 hours of play – which involved sending 5,277 messages – CICERO was not detected as an AI agent. You can check out some of our materials and open-sourced artifacts here:  Research paper Project overview Diplomacy gameplay page Github repo Our latest blog post Joining us today for the AMA are: Andrew Goff (AG), 3x Diplomacy World Champion Alexander Miller (AM), Research Engineering Manager Noam Brown (NB), Research Scientist (u/NoamBrown) Mike Lewis (ML), Research Scientist (u/mikelewis0) David Wu (DW), Research Engineer (u/icosaplex) Emily Dinan (ED), Research Engineer Anton Bakhtin (AB), Research Engineer Adam Lerer (AL), Research Engineer Jonathan Gray (JG), Research Engineer Colin Flaherty (CF), Research Engineer (u/c-flaherty) We’ll be here on December 8, 2022 @ 10:00AM PT - 11:00AM PT.

[D] What is your honest experience with reinforcement learning?

In my personal experience, SOTA RL algorithms simply don't work. I've tried working with reinforcement learning for over 5 years. I remember when Alpha Go defeated the world famous Go player, Lee Sedol, and everybody thought RL would take the ML community by storm. Yet, outside of toy problems, I've personally never found a practical use-case of RL. What is your experience with it? Aside from Ad recommendation systems and RLHF, are there legitimate use-cases of RL? Or, was it all hype? Edit: I know a lot about AI. I built NexusTrade, an AI-Powered automated investing tool that lets non-technical users create, update, and deploy their trading strategies. I’m not an idiot nor a noob; RL is just ridiculously hard. Edit 2: Since my comments are being downvoted, here is a link to my article that better describes my position. It's not that I don't understand RL. I released my open-source code and wrote a paper on it. It's the fact that it's EXTREMELY difficult to understand. Other deep learning algorithms like CNNs (including ResNets), RNNs (including GRUs and LSTMs), Transformers, and GANs are not hard to understand. These algorithms work and have practical use-cases outside of the lab. Traditional SOTA RL algorithms like PPO, DDPG, and TD3 are just very hard. You need to do a bunch of research to even implement a toy problem. In contrast, the decision transformer is something anybody can implement, and it seems to match or surpass the SOTA. You don't need two networks battling each other. You don't have to go through hell to debug your network. It just naturally learns the best set of actions in an auto-regressive manner. I also didn't mean to come off as arrogant or imply that RL is not worth learning. I just haven't seen any real-world, practical use-cases of it. I simply wanted to start a discussion, not claim that I know everything. Edit 3: There's a shockingly number of people calling me an idiot for not fully understanding RL. You guys are wayyy too comfortable calling people you disagree with names. News-flash, not everybody has a PhD in ML. My undergraduate degree is in biology. I self-taught myself the high-level maths to understand ML. I'm very passionate about the field; I just have VERY disappointing experiences with RL. Funny enough, there are very few people refuting my actual points. To summarize: Lack of real-world applications Extremely complex and inaccessible to 99% of the population Much harder than traditional DL algorithms like CNNs, RNNs, and GANs Sample inefficiency and instability Difficult to debug Better alternatives, such as the Decision Transformer Are these not legitimate criticisms? Is the purpose of this sub not to have discussions related to Machine Learning? To the few commenters that aren't calling me an idiot...thank you! Remember, it costs you nothing to be nice! Edit 4: Lots of people seem to agree that RL is over-hyped. Unfortunately those comments are downvoted. To clear up some things: We've invested HEAVILY into reinforcement learning. All we got from this investment is a robot that can be super-human at (some) video games. AlphaFold did not use any reinforcement learning. SpaceX doesn't either. I concede that it can be useful for robotics, but still argue that it's use-cases outside the lab are extremely limited. If you're stumbling on this thread and curious about an RL alternative, check out the Decision Transformer. It can be used in any situation that a traditional RL algorithm can be used. Final Edit: To those who contributed more recently, thank you for the thoughtful discussion! From what I learned, model-based models like Dreamer and IRIS MIGHT have a future. But everybody who has actually used model-free models like DDPG unanimously agree that they suck and don’t work.

[N] How Stability AI’s Founder Tanked His Billion-Dollar Startup

forbes article: https://www.forbes.com/sites/kenrickcai/2024/03/29/how-stability-ais-founder-tanked-his-billion-dollar-startup/ archive no paywall: https://archive.is/snbeV How Stability AI’s Founder Tanked His Billion-Dollar Startup Mar 29, 2024 Stability AI founder Emad Mostaque took the stage last week at the Terranea Resort in Palos Verdes, California to roaring applause and an introduction from an AI-generated Aristotle who announced him as “a modern Prometheus” with “the astuteness of Athena and the vision of Daedalus.” “Under his stewardship, AI becomes the Herculean force poised to vanquish the twin serpents of illness and ailment and extend the olive branch of longevity,” the faux Aristotle proclaimed. “I think that’s the best intro I’ve ever had,” Mostaque said. But behind Mostaque's hagiographic introduction lay a grim and fast metastasizing truth. Stability, once one of AI’s buzziest startups, was floundering. It had been running out of money for months and Mostaque had been unable to secure enough additional funding. It had defaulted on payments to Amazon whose cloud service undergirded Stability’s core offerings. The star research team behind its flagship text-to-image generator Stable Diffusion had tendered their resignations just three days before — as Forbes would first report — and other senior leaders had issued him an ultimatum: resign, or we walk too. Still, onstage before a massive audience of peers and acolytes, Mostaque talked a big game. “AI is jet planes for the mind,” he opined. “AI is our collective intelligence. It's the human Colossus.” He claimed a new, faster version of the Stable Diffusion image generator released earlier this month could generate “200 cats with hats per second.” But later, when he was asked about Stability’s financial model, Mostaque fumbled. “I can’t say that publicly,” he replied. “But it’s going well. We’re ahead of forecast.” Four days later, Mostaque stepped down as CEO of Stability, as Forbes first reported. In a post to X, the service formerly known as Twitter, he claimed he’d voluntarily abdicated his role to decentralize “the concentration of power in AI.” But sources told Forbes that was hardly the case. Behind the scenes, Mostaque had fought to maintain his position and control despite mounting pressure externally and internally to step down. Company documents and interviews with 32 current and former employees, investors, collaborators and industry observers suggest his abrupt exit was the result of poor business judgment and wild overspending that undermined confidence in his vision and leadership, and ultimately kneecapped the company. Mostaque, through his attorneys, declined to comment on record on a detailed list of questions about the reporting in this story. But in an email to Forbes earlier this week he broadly disputed the allegations. “Nobody tells you how hard it is to be a CEO and there are better CEOs than me to scale a business,” he said in a statement. “I am not sure anyone else would have been able to build and grow the research team to build the best and most widely used models out there and I’m very proud of the team there. I look forward to moving onto the next problem to handle and hopefully move the needle.” In an emailed statement, Christian Laforte and Shan Shan Wong, the interim co-CEOs who replaced Mostaque, said, "the company remains focused on commercializing its world leading technology” and providing it “to partners across the creative industries." After starting Stability in 2019, Mostaque built the company into an early AI juggernaut by seizing upon a promising research project that would become Stable Diffusion and funding it into a business reality. The ease with which the software generated detailed images from the simplest text prompts immediately captivated the public: 10 million people used it on any given day, the company told Forbes in early 2023. For some true believers, Mostaque was a crucial advocate for open-source AI development in a space dominated by the closed systems of OpenAI, Google and Anthropic. But his startup’s rise to one of the buzziest in generative AI was in part built on a series of exaggerations and misleading claims, as Forbes first reported last year (Mostaque disputed some points at the time). And they continued after he raised $100 million at a $1 billion valuation just days after launching Stable Diffusion in 2022. His failure to deliver on an array of grand promises, like building bespoke AI models for nation states, and his decision to pour tens of millions into research without a sustainable business plan, eroded Stability’s foundations and jeopardized its future. "He was just giving shit away,” one former employee told Forbes. “That man legitimately wanted to transform the world. He actually wanted to train AI models for kids in Malawi. Was it practical? Absolutely not." By October 2023, Stability would have less than $4 million left in the bank, according to an internal memo prepared for a board meeting and reviewed by Forbes. And mounting debt, including months of overdue Amazon Web Services payments, had already left it in the red. To avoid legal penalties for skipping Americans staff’s payroll, the document explained, the London-based startup was considering delaying tax payments to the U.K. government. It was Stability’s armada of GPUs, the wildly powerful and equally expensive chips undergirding AI, that were so taxing the company’s finances. Hosted by AWS, they had long been one of Mostaque’s bragging points; he often touted them as one of the world’s 10 largest supercomputers. They were responsible for helping Stability’s researchers build and maintain one of the top AI image generators, as well as break important new ground on generative audio, video and 3D models. “Undeniably, Stability has continued to ship a lot of models,” said one former employee. “They may not have profited off of it, but the broader ecosystem benefitted in a huge, huge way.” But the costs associated with so much compute were now threatening to sink the company. According to an internal October financial forecast seen by Forbes, Stability was on track to spend $99 million on compute in 2023. It noted as well that Stability was “underpaying AWS bills for July (by $1M)” and “not planning to pay AWS at the end of October for August usage ($7M).” Then there were the September and October bills, plus $1 million owed to Google Cloud and $600,000 to GPU cloud data center CoreWeave. (Amazon, Google and CoreWeave declined to comment.) With an additional $54 million allocated to wages and operating expenses, Stability’s total projected costs for 2023 were $153 million. But according to its October financial report, its projected revenue for the calendar year was just $11 million. Stability was on track to lose more money per month than it made in an entire year. The company’s dire financial position had thoroughly soured Stability’s current investors, including Coatue, which had invested tens of millions in the company during its $101 million funding round in 2022. In the middle of 2023, Mostaque agreed to an independent audit after Coatue raised a series of concerns, according to a source with direct knowledge of the matter. The outcome of the investigation is unclear. Coatue declined to comment. Within a week of an early October board meeting where Mostaque shared that financial forecast, Lightspeed Venture Partners, another major investor, sent a letter to the board urging them to sell the company. The distressing numbers had “severely undermined” the firm’s confidence in Mostaque’s ability to lead the company. “In particular, we are surprised and deeply concerned by a cash position just now disclosed to us that is inconsistent with prior discussions on this topic,” Lightspeed’s general counsel Brett Nissenberg wrote in the letter, a copy of which was viewed by Forbes. “Lightspeed believes that the company is not likely financeable on terms that would assure the company’s long term sound financial position.” (Lightspeed declined a request for comment.) The calls for a sale led Stability to quietly begin looking for a buyer. Bloomberg reported in November that Stability approached AI startups Cohere and Jasper to gauge their interest. Stability denied this, and Jasper CEO Timothy Young did the same when reached for comment by Forbes. A Cohere representative declined to comment. But one prominent AI company confirmed that Mostaque’s representatives had reached out to them to test the waters. Those talks did not advance because “the numbers didn’t add up,” this person, who declined to be named due to the confidential nature of the talks, told Forbes. Stability also tried to court Samsung as a buyer, going so far as to redecorate its office in advance of a planned meeting with the Korean electronics giant. (Samsung said that it invested in Stability in 2023 and that it does not comment on M&A discussions.) Coatue had been calling for Mostaque’s resignation for months, according to a source with direct knowledge. But it and other investors were unable to oust him because he was the company’s majority shareholder. When they tried a different tact by rallying other investors to offer him a juicy equity package to resign, Mostaque refused, said two sources. By October, Coatue and Lightspeed had had enough. Coatue left the board and Lightspeed resigned its observer seat. “Emad infuriated our initial investors so much it’s just making it impossible for us to raise more money under acceptable terms,” one current Stability executive told Forbes. The early months of 2024 saw Stability’s already precarious position eroding further still. Employees were quietly laid off. Three people in a position to know estimated that at least 10% of staff were cut. And cash reserves continued to dwindle. Mostaque mentioned a lifeline at the October board meeting: $95 million in tentative funding from new investors, pending due diligence. But in the end, only a fraction of it was wired, two sources say, much of it from Intel, which Forbes has learned invested $20 million, a fraction of what was reported. (Intel did not return a request for comment by publication time.) Two hours after Forbes broke the news of Mostaque’s plans to step down as CEO, Stability issued a press release confirming his resignation. Chief operating officer Wong and chief technology officer Laforte have taken over in the interim. Mostaque, who said on X that he still owns a majority of the company, also stepped down from the board, which has now initiated a search for a permanent CEO. There is a lot of work to be done to turn things around, and very little time in which to do it. Said the current Stability executive, “There’s still a possibility of a turnaround story, but the odds drop by the day.” In July of 2023, Mostaque still thought he could pull it off. Halfway through the month, he shared a fundraising plan with his lieutenants. It was wildly optimistic, detailing the raise of $500 million in cash and another $750 million in computing facilities from marquee investors like Nvidia, Google, Intel and the World Bank (Nvidia and Google declined comment. Intel did not respond. The World Bank said it did not invest in Stability). In a Slack message reviewed by Forbes, Mostaque said Google was “willing to move fast” and the round was “likely to be oversubscribed.” It wasn’t. Three people with direct knowledge of these fundraising efforts told Forbes that while there was some interest in Stability, talks often stalled when it came time to disclose financials. Two of them noted that earlier in the year, Mostaque had simply stopped engaging with VCs who asked for numbers. Only one firm invested around that time: actor Ashton Kutcher’s Sound Ventures, which invested $35 million in the form of a convertible SAFE note during the second quarter, according to an internal document. (Sound Ventures did not respond to a request for comment.) And though he’d managed to score a meeting with Nvidia and its CEO Jensen Huang, it ended in disaster, according to two sources. “Under Jensen's microscopic questions, Emad just fell apart,” a source in position to know told Forbes. Huang quickly concluded Stability wasn’t ready for an investment from Nvidia, the sources said. Mostaque told Forbes in an email that he had not met with Huang since 2022, except to say “hello and what’s up a few times after.” His July 2023 message references a plan to raise $150 million from Nvidia. (Nvidia declined to comment.) After a June Forbes investigation citing more than 30 sources revealed Mostaque’s history of misleading claims, Mostaque struggled to raise funding, a Stability investor told Forbes. (Mostaque disputed the story at the time and called it "coordinated lies" in his email this week to Forbes). Increasingly, investors scrutinized his assertions and pressed for data. And Young, now the CEO of Jasper, turned down a verbal offer to be Stability’s president after reading the article, according to a source with direct knowledge of the matter. The collapse of the talks aggravated the board and other executives, who had hoped Young would compensate for the sales and business management skills that Mostaque lacked, according to four people in a position to know. (Young declined to comment.) When Stability’s senior leadership convened in London for the CogX conference in September, the financing had still not closed. There, a group of executives confronted Mostaque asking questions about the company’s cash position and runway, according to three people with direct knowledge of the incident. They did not get the clarity they’d hoped for. By October, Mostaque had reduced his fundraising target by more than 80%. The months that followed saw a steady drumbeat of departures — general counsel Adam Avrunin, vice presidents Mike Melnicki, Ed Newton-Rex and Joe Penna, chief people officer Ozden Onder — culminating in the demoralizing March exit of Stable Diffusion’s primary developers Robin Rombach, Andreas Blattmann, Patrick Esser and Dominik Lorenz. Rombach, who led the team, had been angling to leave for months, two sources said, first threatening to resign last summer because of the fundraising failures. Others left over concerns about cash flow, as well as liabilities — including what four people described as Mostaque’s lax approach to ensuring that Stability products could not be used to produce child sexual abuse imagery. “Stability AI is committed to preventing the misuse of AI and prohibits the use of our image models and services for unlawful activity, including attempts to edit or create CSAM,” Ella Irwin, senior vice president of integrity, said in a statement. Newton-Rex told Forbes he resigned because he disagreed with Stability’s position that training AI on copyrighted work without consent is fair use. Melnicki and Penna declined to comment. Avrunin and Onder could not be reached for comment. None of the researchers responded to requests for comment. The Stable Diffusion researchers’ departure as a cohort says a lot about the state of Stability AI. The company’s researchers were widely viewed as its crown jewels, their work subsidized with a firehose of pricey compute power that was even extended to people outside the company. Martino Russi, an artificial intelligence researcher, told Forbes that though he was never formally employed by Stability, the company provided him a “staggering” amount of compute between January and April 2023 to play around with developing an AI video generator that Stability might someday use. “It was Candy Land or Coney Island,” said Russi, who estimates that his experiment, which was ultimately shelved, cost the company $2.5 million. Stable Diffusion was simultaneously Stability’s marquee product and its existential cash crisis. One current employee described it to Forbes as “a giant vacuum that absorbed everything: money, compute, people.” While the software was widely used, with Mostaque claiming downloads reaching into the hundreds of millions, Stability struggled to translate that wild success into revenue. Mostaque knew it could be done — peers at Databricks, Elastic and MongoDB had all turned a free product into a lucrative business — he just couldn’t figure out how. His first attempt was Stability’s API, which allowed paying customers to integrate Stable Diffusion into their own products. In early 2023, a handful of small companies, like art generator app NightCafe and presentation software startup Tome, signed on, according to four people with knowledge of the deals. But Stability’s poor account management services soured many, and in a matter of months NightCafe and Tome canceled their contracts, three people said. NightCafe founder Angus Russell told Forbes that his company switched to a competitor which “offered much cheaper inference costs and a broader service.” Tome did not respond to a request for comment. Meanwhile, Mostaque’s efforts to court larger companies like Samsung and Snapchat were failing, according to five people familiar with the effort. Canva, which was already one of the heaviest users of open-sourced Stable Diffusion, had multiple discussions with Stability, which was angling for a contract it hoped would generate several millions in annual revenue. But the deal never materialized, four sources said. “These three companies wanted and needed us,” one former employee told Forbes. “They would have been the perfect customers.” (Samsung, Snap and Canva declined to comment.) “It’s not that there was not an appetite to pay Stability — there were tons of companies that would have that wanted to,” the former employee said. “There was a huge opportunity and demand, but just a resistance to execution.” Mostaque’s other big idea was to provide governments with bespoke national AI models that would invigorate their economies and citizenry. “Emad envisions a world where AI through 100 national models serves not as a tool of the few, but as a benefactor to all promising to confront great adversaries, cancer, autism, and the sands of time itself,” the AI avatar of Aristotle said in his intro at the conference. Mostaque told several prospective customers that he could deliver such models within 60 days — an untenable timeline, according to two people in position to know. Stability attempted to develop a model for the Singaporean government over the protestation of employees who questioned its technical feasibility, three sources familiar with the effort told Forbes. But it couldn’t pull it off and Singapore never became a customer. (The government of Singapore confirmed it did not enter into a deal with Stability, but declined to answer additional questions.) As Stability careened from one new business idea to another, resources were abruptly reallocated and researchers reassigned. The whiplash shifts in a largely siloed organization demoralized and infuriated employees. “There were ‘urgent’ things, ‘urgent urgent’ things and ‘most urgent,’” one former employee complained. “None of these things seem important if everything is important.” Another former Stability executive was far more pointed in their assessment. “Emad is the most disorganized leader I have ever worked with in my career,” this person told Forbes. “He has no vision, and changes directions every week, often based on what he sees on Twitter.” In a video interview posted shortly before this story was published, Mostaque explained his leadership style: “I'm particularly great at taking creatives, developers, researchers, others, and achieving their full potential in designing systems. But I should not be dealing with, you know, HR and operations and business development and other elements. There are far better people than me to do that.” By December 2023, Stability had partially abandoned its open-source roots and announced that any commercial use of Stable Diffusion would cost customers at least $20 per month (non-commercial and research use of Stable Diffusion would remain free). But privately, Stability was considering a potentially more lucrative source of revenue: reselling the compute it was leasing from providers like AWS, according to six people familiar with the effort. Though it was essentially GPU arbitrage, Stability framed the strategy to investors as a “managed services” offering. Its damning October financial report projected optimistically that such an offering would bring in $139 million in 2024 — 98% of its revenue. Multiple employees at the time told Forbes they feared reselling compute, even if the company called it “managed services,” would violate the terms of Stability’s contract with AWS. Amazon declined to comment. “The line internally was that we are not reselling compute,” one former employee said. “This was some of the dirtiest feeling stuff.” Stability also discussed reselling a cluster of Nvidia A100 chips, leased via CoreWeave, to the venture capital firm Andreessen Horowitz, three sources said. “It was under the guise of managed services, but there wasn’t any management happening,” one of these people told Forbes. Andreessen Horowitz and CoreWeave declined to comment. Stability did not respond to questions about if it plans to continue this strategy now that Mostaque is out of the picture. Regardless, interim co-CEOs Wong and Laforte are on a tight timeline to clean up his mess. Board chairman Jim O’Shaughnessy said in a statement that he was confident the pair “will adeptly steer the company forward in developing and commercializing industry-leading generative AI products.” But burn continues to far outpace revenue. The Financial Times reported Friday that the company made $5.4 million of revenue in February, against $8 million in costs. Several sources said there are ongoing concerns about making payroll for the roughly 150 remaining employees. Leadership roles have gone vacant for months amid the disarray, leaving the company increasingly directionless. Meanwhile, a potentially catastrophic legal threat looms over the company: A trio of copyright infringement lawsuits brought by Getty Images and a group of artists in the U.S. and U.K., who claim Stability illegally used their art and photography to train the AI models powering Stable Diffusion. A London-based court has already rejected the company’s bid to throw out one of the lawsuits on the basis that none of its researchers were based in the U.K. And Stability’s claim that Getty’s Delaware lawsuit should be blocked because it's a U.K.-based company was rejected. (Stability did not respond to questions about the litigation.) AI-related copyright litigation “could go on for years,” according to Eric Goldman, a law professor at Santa Clara University. He told Forbes that though plaintiffs suing AI firms face an uphill battle overcoming the existing legal precedent on copyright infringement, the quantity of arguments available to make are virtually inexhaustible. “Like in military theory, if there’s a gap in your lines, that’s where the enemy pours through — if any one of those arguments succeeds, it could completely change the generative AI environment,” he said. “In some sense, generative AI as an industry has to win everything.” Stability, which had more than $100 million in the bank just a year and a half ago, is in a deep hole. Not only does it need more funding, it needs a viable business model — or a buyer with the vision and chops to make it successful in a fast-moving and highly competitive sector. At an all hands meeting this past Monday, Stability’s new leaders detailed a path forward. One point of emphasis: a plan to better manage resources and expenses, according to one person in attendance. It’s a start, but Mostaque’s meddling has left them with little runway to execute. His resignation, though, has given some employees hope. “A few people are 100% going to reconsider leaving after today,” said one current employee. “And the weird gloomy aura of hearing Emad talking nonsense for an hour is gone.” Shortly before Mostaque resigned, one current Stability executive told Forbes that they were optimistic his departure could make Stability appealing enough to receive a small investment or sale to a friendly party. “There are companies that have raised hundreds of millions of dollars that have much less intrinsic value than Stability,” the person said. “A white knight may still appear.”

[Discussion]: Mark Zuckerberg on Meta's Strategy on Open Source and AI during the earnings call

During the recent earnings call, Mark Zuckerberg answered a question from Eric Sheridan of Goldman Sachs on Meta's AI strategy, opportunities to integrate into products, and why they open source models and how it would benefit their business. I found the reasoning to be very sound and promising for the OSS and AI community. The biggest risk from AI, in my opinion, is not the doomsday scenarios that intuitively come to mind but rather that the most powerful AI systems will only be accessible to the most powerful and resourceful corporations. Quote copied from Ben Thompson's write up on Meta's earning in his Stratechery blog post which goes beyond AI. It's behind a paywall but I highly recommend it personally. Some noteworthy quotes that signal the thought process at Meta FAIR and more broadly We’re just playing a different game on the infrastructure than companies like Google or Microsoft or Amazon We would aspire to and hope to make even more open than that. So, we’ll need to figure out a way to do that. ...lead us to do more work in terms of open sourcing, some of the lower level models and tools Open sourcing low level tools make the way we run all this infrastructure more efficient over time. On PyTorch: It’s generally been very valuable for us to provide that because now all of the best developers across the industry are using tools that we’re also using internally. I would expect us to be pushing and helping to build out an open ecosystem. For all the negative that comes out of the popular discourse on Meta, I think their work to open source key tech tools over the last 10 years has been exceptional, here's hoping it continues into this decade of AI and pushes other tech giants to also realize the benefits of Open Source. Full Transcript: Right now most of the companies that are training large language models have business models that lead them to a closed approach to development. I think there’s an important opportunity to help create an open ecosystem. If we can help be a part of this, then much of the industry will standardize on using these open tools and help improve them further. So this will make it easier for other companies to integrate with our products and platforms as we enable more integrations, and that will help our products stay at the leading edge as well. Our approach to AI and our infrastructure has always been fairly open. We open source many of our state of the art models so people can experiment and build with them. This quarter we released our LLaMa LLM to researchers. It has 65 billion parameters but outperforms larger models and has proven quite popular. We’ve also open-sourced three other groundbreaking visual models along with their training data and model weights — Segment Anything, DinoV2, and our Animated Drawings tool — and we’ve gotten positive feedback on all of those as well. I think that there’s an important distinction between the products we offer and a lot of the technical infrastructure, especially the software that we write to support that. And historically, whether it’s the Open Compute project that we’ve done or just open sourcing a lot of the infrastructure that we’ve built, we’ve historically open sourced a lot of that infrastructure, even though we haven’t open sourced the code for our core products or anything like that. And the reason why I think why we do this is that unlike some of the other companies in the space, we’re not selling a cloud computing service where we try to keep the different software infrastructure that we’re building proprietary. For us, it’s way better if the industry standardizes on the basic tools that we’re using and therefore we can benefit from the improvements that others make and others’ use of those tools can, in some cases like Open Compute, drive down the costs of those things which make our business more efficient too. So I think to some degree we’re just playing a different game on the infrastructure than companies like Google or Microsoft or Amazon, and that creates different incentives for us. So overall, I think that that’s going to lead us to do more work in terms of open sourcing, some of the lower level models and tools. But of course, a lot of the product work itself is going to be specific and integrated with the things that we do. So it’s not that everything we do is going to be open. Obviously, a bunch of this needs to be developed in a way that creates unique value for our products, but I think in terms of the basic models, I would expect us to be pushing and helping to build out an open ecosystem here, which I think is something that’s going to be important. On the AI tools, and we have a bunch of history here, right? So if you if you look at what we’ve done with PyTorch, for example, which has generally become the standard in the industry as a tool that a lot of folks who are building AI models and different things in that space use, it’s generally been very valuable for us to provide that because now all of the best developers across the industry are using tools that we’re also using internally. So the tool chain is the same. So when they create some innovation, we can easily integrate it into the things that we’re doing. When we improve something, it improves other products too. Because it’s integrated with our technology stack, when there are opportunities to make integrations with products, it’s much easier to make sure that developers and other folks are compatible with the things that we need in the way that our systems work. So there are a lot of advantages, but I view this more as a kind of back end infrastructure advantage with potential integrations on the product side, but one that should hopefully enable us to stay at the leading edge and integrate more broadly with the community and also make the way we run all this infrastructure more efficient over time. There are a number of models. I just gave PyTorch as an example. Open Compute is another model that has worked really well for us in this way, both to incorporate both innovation and scale efficiency into our own infrastructure. So I think that there’s, our incentives I think are basically aligned towards moving in this direction. Now that said, there’s a lot to figure out, right? So when you asked if there are going to be other opportunities, I hope so. I can’t speak to what all those things might be now. This is all quite early in getting developed. The better we do at the foundational work, the more opportunities I think that will come and present themselves. So I think that that’s all stuff that we need to figure out. But at least at the base level, I think we’re generally incentivized to move in this direction. And we also need to figure out how to go in that direction over time. I mean, I mentioned LLaMA before and I also want to be clear that while I’m talking about helping contribute to an open ecosystem, LLaMA is a model that we only really made available to researchers and there’s a lot of really good stuff that’s happening there. But a lot of the work that we’re doing, I think, we would aspire to and hope to make even more open than that. So, we’ll need to figure out a way to do that.

[D] Playing big league at home on a budget?

I am a hobbyist and my Nvidia 660 is 10 years old and only has 2GB. Obviously that isn't going to cut it nowadays anymore. I am thinking about options here. I don't have thousands and thousands of dollars. And I highly doubt that spending close to a thousand dollars on a brand new card is still viable in 2020-2022. I wanted to use Wavenet today and then found out about Melnet. I mean, maybe I could run Wavenet but nobody in their right mind wants to after hearing Melnet results. On Github this one guy complained he couldn't get his implementation to work due to OOM with 2x 2080 RTX, which he bought solely for this purpose. Then on the other repo the guy casually mentioned that tier XY doesn't fit with some 10 year old lowfi dataset, even with batch size 1, on a 16GB Tesla P100. The wisdom for OOM has always been "decrease batch size". But as far as I can tell, for most of any of the interesting stuff in the last 8 years or so you simply can't decrease batch size. Either because batch sizes are already so tiny, or because the code is written in a way that would require you to somehow turn it inside out, probably involving extreme knowledge of higher mathematics. I am a hobbyist, not a researcher. I am happy if I crudely can grasp what is going on. Most of anything in the field suffers from exactly the same issue: It simply won't run without utterly absurd amounts of VRAM. So what about buying shitty cheapo AMD GPUs with lots of VRAM? This seems to be the sensible choice if you want to be able to run anything noteworthy at all that comes up in the next 2 years and maybe beyond. People say, don't but AMD its slow and it sucks, but those are apparently the same people that buy a 16GB Titan GPU for $1500 three times on Ebay without hesitation, when there are also 16GB AMD GPUs for $300. How much slower are AMD GPUs really? Let's say they are 5 times cheaper so they could be just 5 times slower. So I have to train my model over night instead of seeing the result in the afternoon. That would be totally awesome!; given that the alternative is to buy a $300 Nvidia GPU, which has maybe 4 or 6GB and simply can't run the code without running out of memory. And say $300 is not enough, let's buy a $700 RTX 3080. It still only has 10GB of VRAM not even 16GB. Then its just as useless! What's the point of buying a fast GPU if it can't even run the code? I don't know how much slower AMD GPUs really are. Maybe they are not 5x but 50x slower. Then of course training a model that was developed on some 64GB Tesla might take month and years. But maybe speed is not the issue, only memory. I have seen some stuff even being optimized for CPU, apparently because there weren't any big enough GPUs around. I don't really know how viable that can be (it seems rarely if ever it is), I have no experience. And what about renting AWS? Let's say, I am a beginner and I want to toy around for a week and probably max out 4 Teslas like 80% of the time without really getting anywhere. How expensive is that? $25, $50, $100, $500? (Found the answer: fucking $2000 https://aws.amazon.com/ec2/instance-types/p3/ ) Ok, so AWS is bullshit, here its 6x cheaper: https://vast.ai/console/create/ . They don't really have 4x 16GB V100 though, just one V100. $0.5 per hour 24 7 = $84 per month (there are more hidden cost like bandwidth, it doesn't seem to be huge but I never used this so don't take it at face value). On AWS the same is over $3 per hour. So a day is $12, this could be viable! (look at calculation below). There really isn't much info on the net about hardware requirements and performance for machine learning stuff. What bothers me the most is that people seem to be very ignorant of the VRAM issue. Either because they aren't looking ahead of what might come in 1-2 years. Or because they are simply so rich they have no issue spending thousands and thousands of dollars every year instead of just 500 every couple of years. Or maybe they are both. So, yeah, what are your thoughts? Here is what I found out just today: Until 2 years ago, tensorflow and pytorch wouldn't work with AMD cards, but this has changed. https://rocmdocs.amd.com/en/latest/Deep_learning/Deep-learning.html For older cards though, ROCm only works with certain CPUs: it needs PCIe 3.0 with atomics (see: https://github.com/RadeonOpenCompute/ROCm ). So you can't simply buy any 16GB card for $300 on Ebay like I suggested, even if it supports ROCm, because it will only work for "newer" PCs. The newer GFX9 AMD cards (like Radeon VII and Vega) don't suffer from this problem and work with PCIe 2.0 again... Although I have seen 16GB Vega cards for like $350 on Ebay, I think that is a pretty rare catch. However looking 1-2 years in the future, this is great because Radeon VII prices will be hugely inflated by Nvidia 3000 series hype (maybe down to $180 even) and maybe the next gen cards from AMD even have 24 or 32GB for $500-$1000 and can still run on old machines. According to this https://arxiv.org/pdf/1909.06842.pdf Radeon VII 16GB performs only half as good as Tesla V100 16GB, whereas V100 should be roughly along the lines of 11GB RTX 2080 Ti. So you could say that you get half the RAM, double the speed, double the price. I am not sure though if that holds. I think they were putting 16GB in those cards trying to push it for ML with ROCm, clearly addressing the problem of the time, but no one really jumped on the train and now Resnet shrinks RAM but needs more processing power. So they released 8GB cards again with slightly better performance, and I guess we are lucky if the next generation even has 16GB because games probably don't need it at all. Still though with Revnets and everything said in the comments, I think on a budget you are better on the safe side buying the card with the most amount of VRAM, rather than the most performance. Tomorrow some paper might come out that uses another method, then you can't trick-shrink your network anymore and then everyone needs to buy big ass cards again like it used to be and can do nothing but throw their fancy faster cards in the dumpster. Also the huge bulk of ML currently focuses on image processing, while sound has only been gaining real momentum recently and this will be followed by video processing and eventually human-alike thought processes that sit atop of all that and have not even been tackled yet. Its a rapidly evolving field, hard to predict what will come and stay. Running out of VRAM means total hardware failure, running slower just means waiting longer. If you just buy the newest card every year, its probably save to buy the fast card because things won't change that fast after all. If you buy a new card every 4 years or longer then just try to get as much VRAM as possible. Check this out: https://www.techspot.com/news/86811-gigabyte-accidentally-reveals-rtx-3070-16gb-rtx-3080.html There will be a 3070 16GB version! Let's compare renting one V100 at $12/day vs. buying a 3070 Ti 16GB: The 2080 Ti was 1.42x the price of the regular 2080 and released the next summer. So let's assume the same will be true to the 3070 Ti so it will cost $700. That is $30/month & $1.88/day for two years - $15/month & $0.94/day in four years (by which time you can probably rent some 32GB Tesla card for the same price and nothing recent runs on less anymore). If you max out your setup 24/7 all year, then power cost obviously becomes a huge factor to that figure. In my country running at 500W cost $4.21/day, or $1.60 / 9hrs overnight. If you live elsewhere it might be as much as a quarter of that price. Of course your PC may run 10h a day anyway, so its maybe just 300W plus, and an older graphics card is inefficient for games it eats more Watts to do the same things so you save some there as well. There is a lot to take into account if comparing. Anyway, factoring in power cost, to break even with buying the card vs. renting within two years, you would have to use it for at least 4 days a month, or almost 2 weeks every 3 month. If you use it less than that, you maybe have a nice new graphics card and less hassle with pushing stuff back and forth onto servers all the time. But it would have been more economic to rent. So renting isn't that bad after all. Overall if you are thinking about having this as your hobby, you could say that it will cost you at least $30 per month, if not $50 or more (when keeping up to date with cards every 2 instead of 4 years + using it more cost more power). I think that is quite hefty. Personally I am not even invested enough into this even if it wasn't over my finances. I want a new card of course and also play some new games, but I don't really need to. There are a lot of other (more) important things I am interested in, that are totally free.

[R] Reinforcement Learning for Sequential Decision and Optimal Control

Since early 21st century, artificial intelligence (AI) has been reshaping almost all areas of human society, which has high potential to spark the fourth industrial revolution. Notable examples can be found in the sector of road transportation, where AI has drastically changed automobile design and traffic management. Many new technologies, such as driver assistance, autonomous driving, and cloud-based cooperation, are emerging at an unbelievable speed. These new technologies have the potential to significantly improve driving ability, reduce traffic accidents, and relieve urban congestion. As one of the most important AI branches, reinforcement learning (RL) has attracted increasing attention in recent years. RL is an interdisciplinary field of trial-and-error learning and optimal control, which promises to provide optimal solutions for decision-making or control in large-scale and complex dynamic processes. One of its most conspicuous successes is AlphaGo from Google DeepMind, which has beaten the highest-level professional human player. The underlying key technology is the so-called deep reinforcement learning, which equips AlphaGo with amazing self-evolution ability and high playing intelligence. Despite a few successes, the application of RL is still in its infancy because most RL algorithms are rather difficult to comprehend and implement. RL connects deeply with statistical learning and convex optimization, and involves a wide range of new concepts and theories. As a beginner, one must undergo a long and tedious learning process to become an RL master. Without fully understanding those underlying principles, it is very difficult for new users to make proper adjustments to achieve the best application performance. &#x200B; https://preview.redd.it/tggt6o3o481c1.jpg?width=248&format=pjpg&auto=webp&s=75e2b58ac8da9273f2511a4fe37ef508d86a6e96 Reference： Shengbo Eben Li, Reinforcement Learning for Sequential Decision and Optimal Control. Springer Verlag, Singapore, 2023 Website of e-book: https://link.springer.com/book/10.1007/978-981-19-7784-8 &#x200B; QR code to Springer Book contents This book aims to provide a systematic introduction to fundamental RL theories, mainstream RL algorithms and typical RL applications for researchers and engineers. The main topics include Markov decision processes, Monte Carlo learning, temporal difference learning, RL with function approximation, policy gradient method, approximate dynamic programming, deep reinforcement learning, etc. Chapter 1 provides an overview of RL, including its history, famous scholars, successful examples and up-to-date challenges. Chapter 2 discusses the basis of RL, including main concepts and terminologies, Bellman’s optimality condition, and general problem formulation. Chapter 3 introduces Monte Carlo learning methods for model-free RL, including on-policy/off-policy methods and importance sampling technique. Chapter 4 introduces temporal difference learning methods for model-free RL, including Sarsa, Q-learning, and expected Sarsa. Chapter 5 introduces stochastic dynamic programming (DP), i.e., model-based RL with tabular representation, including value iteration DP, policy iteration DP and their convergence mechanisms. Chapter 6 introduces how to approximate policy and value functions in indirect RL methods as well as the associated actor-critic architecture. Chapter 7 derives different kinds of direct policy gradients, including likelihood ratio gradient, natural policy gradient and a few advanced variants. Chapter 8 introduces infinite-horizon ADP, finite-horizon ADP and its connection with model predictive control. Chapter 9 discusses how to handle state constraints and its connection with feasibility and safety, as well as the newly proposed actor-critic-scenery learning architecture. Chapter 10 is devoted to deep reinforcement learning, including how to train artificial neural networks and typical deep RL algorithms such as DQN, DDPG, TD3, TRPO, PPO, SAC, and DSAC. Chapter 11 provides various RL topics,including robust RL, POMDP, multi-agent RL, meta-RL, inverse RL, offline RL, major RL libraries and platforms. Author information: Shengbo Eben Li is currently a professor at Tsinghua University in the interdisciplinary field of autonomous driving and artificial intelligence. Before joining Tsinghua University, he has worked at Stanford University, University of Michigan, and UC Berkeley. His active research interests include intelligent vehicles and driver assistance, deep reinforcement learning, optimal control and estimation, etc. He has published more than 130 peer-reviewed papers in top-tier international journals and conferences. He is the recipient of best paper awards (finalists) of IEEE ITSC, ICCAS, IEEE ICUS, IEEE IV, L4DC, etc. He has received a number of important academic honors, including National Award for Technological Invention of China (2013), National Award for Progress in Sci & Tech of China (2018), Distinguished Young Scholar of Beijing NSF (2018), Youth Sci & Tech Innovation Leader from MOST China (2020), etc. He also serves as Board of Governor of IEEE ITS Society, Senior AE of IEEE OJ ITS, and AEs of IEEE ITSM, IEEE Trans ITS, Automotive Innovation, etc.

[D] Here are 17 ways of making PyTorch training faster – what did I miss?

I've been collecting methods to accelerate training in PyTorch – here's what I've found so far. What did I miss? What did I get wrong? The methods – roughly sorted from largest to smallest expected speed-up – are: Consider using a different learning rate schedule. Use multiple workers and pinned memory in DataLoader. Max out the batch size. Use Automatic Mixed Precision (AMP). Consider using a different optimizer. Turn on cudNN benchmarking. Beware of frequently transferring data between CPUs and GPUs. Use gradient/activation checkpointing. Use gradient accumulation. Use DistributedDataParallel for multi-GPU training. Set gradients to None rather than 0. Use .as\_tensor rather than .tensor() Turn off debugging APIs if not needed. Use gradient clipping. Turn off bias before BatchNorm. Turn off gradient computation during validation. Use input and batch normalization. Consider using another learning rate schedule The learning rate (schedule) you choose has a large impact on the speed of convergence as well as the generalization performance of your model. Cyclical Learning Rates and the 1Cycle learning rate schedule are both methods introduced by Leslie N. Smith (here and here), and then popularised by fast.ai's Jeremy Howard and Sylvain Gugger (here and here). Essentially, the 1Cycle learning rate schedule looks something like this: &#x200B; https://preview.redd.it/sc37u5knmxa61.png?width=476&format=png&auto=webp&s=09b309b4dbd67eedb4ab5f86e03e0e83d7b072d1 Sylvain writes: \[1cycle consists of\]  two steps of equal lengths, one going from a lower learning rate to a higher one than go back to the minimum. The maximum should be the value picked with the Learning Rate Finder, and the lower one can be ten times lower. Then, the length of this cycle should be slightly less than the total number of epochs, and, in the last part of training, we should allow the learning rate to decrease more than the minimum, by several orders of magnitude. In the best case this schedule achieves a massive speed-up – what Smith calls Superconvergence – as compared to conventional learning rate schedules. Using the 1Cycle policy he needs \~10x fewer training iterations of a ResNet-56 on ImageNet to match the performance of the original paper, for instance). The schedule seems to perform robustly well across common architectures and optimizers. PyTorch implements both of these methods torch.optim.lrscheduler.CyclicLR and torch.optim.lrscheduler.OneCycleLR, see the documentation. One drawback of these schedulers is that they introduce a number of additional hyperparameters. This post and this repo, offer a nice overview and implementation of how good hyper-parameters can be found including the Learning Rate Finder mentioned above. Why does this work? It doesn't seem entirely clear but one possible explanation might be that regularly increasing the learning rate helps to traverse saddle points in the loss landscape more quickly. Use multiple workers and pinned memory in DataLoader When using torch.utils.data.DataLoader, set numworkers > 0, rather than the default value of 0, and pinmemory=True, rather than the default value of False. Details of this are explained here. Szymon Micacz achieves a 2x speed-up for a single training epoch by using four workers and pinned memory. A rule of thumb that people are using to choose the number of workers is to set it to four times the number of available GPUs with both a larger and smaller number of workers leading to a slow down. Note that increasing num\_workerswill increase your CPU memory consumption. Max out the batch size This is a somewhat contentious point. Generally, however, it seems like using the largest batch size your GPU memory permits will accelerate your training (see NVIDIA's Szymon Migacz, for instance). Note that you will also have to adjust other hyperparameters, such as the learning rate, if you modify the batch size. A rule of thumb here is to double the learning rate as you double the batch size. OpenAI has a nice empirical paper on the number of convergence steps needed for different batch sizes. Daniel Huynh runs some experiments with different batch sizes (also using the 1Cycle policy discussed above) where he achieves a 4x speed-up by going from batch size 64 to 512. One of the downsides of using large batch sizes, however, is that they might lead to solutions that generalize worse than those trained with smaller batches. Use Automatic Mixed Precision (AMP) The release of PyTorch 1.6 included a native implementation of Automatic Mixed Precision training to PyTorch. The main idea here is that certain operations can be run faster and without a loss of accuracy at semi-precision (FP16) rather than in the single-precision (FP32) used elsewhere. AMP, then, automatically decide which operation should be executed in which format. This allows both for faster training and a smaller memory footprint. In the best case, the usage of AMP would look something like this: import torch Creates once at the beginning of training scaler = torch.cuda.amp.GradScaler() for data, label in data_iter: optimizer.zero_grad() Casts operations to mixed precision with torch.cuda.amp.autocast(): loss = model(data) Scales the loss, and calls backward() to create scaled gradients scaler.scale(loss).backward() Unscales gradients and calls or skips optimizer.step() scaler.step(optimizer) Updates the scale for next iteration scaler.update() Benchmarking a number of common language and vision models on NVIDIA V100 GPUs, Huang and colleagues find that using AMP over regular FP32 training yields roughly 2x – but upto 5.5x – training speed-ups. Currently, only CUDA ops can be autocast in this way. See the documentation here for more details on this and other limitations. u/SVPERBlA points out that you can squeeze out some additional performance (\~ 20%) from AMP on NVIDIA Tensor Core GPUs if you convert your tensors to the Channels Last memory format. Refer to this section in the NVIDIA docs for an explanation of the speedup and more about NCHW versus NHWC tensor formats. Consider using another optimizer AdamW is Adam with weight decay (rather than L2-regularization) which was popularized by fast.ai and is now available natively in PyTorch as torch.optim.AdamW. AdamW seems to consistently outperform Adam in terms of both the error achieved and the training time. See this excellent blog post on why using weight decay instead of L2-regularization makes a difference for Adam. Both Adam and AdamW work well with the 1Cycle policy described above. There are also a few not-yet-native optimizers that have received a lot of attention recently, most notably LARS (pip installable implementation) and LAMB. NVIDA's APEX implements fused versions of a number of common optimizers such as Adam. This implementation avoid a number of passes to and from GPU memory as compared to the PyTorch implementation of Adam, yielding speed-ups in the range of 5%. Turn on cudNN benchmarking If your model architecture remains fixed and your input size stays constant, setting torch.backends.cudnn.benchmark = True might be beneficial (docs). This enables the cudNN autotuner which will benchmark a number of different ways of computing convolutions in cudNN and then use the fastest method from then on. For a rough reference on the type of speed-up you can expect from this, Szymon Migacz achieves a speed-up of 70% on a forward pass for a convolution and a 27% speed-up for a forward + backward pass of the same convolution. One caveat here is that this autotuning might become very slow if you max out the batch size as mentioned above. Beware of frequently transferring data between CPUs and GPUs Beware of frequently transferring tensors from a GPU to a CPU using tensor.cpu() and vice versa using tensor.cuda() as these are relatively expensive. The same applies for .item() and .numpy() – use .detach() instead. If you are creating a new tensor, you can also directly assign it to your GPU using the keyword argument device=torch.device('cuda:0'). If you do need to transfer data, using .to(non_blocking=True), might be useful as long as you don't have any synchronization points after the transfer. If you really have to, you might want to give Santosh Gupta's SpeedTorch a try, although it doesn't seem entirely clear when this actually does/doesn't provide speed-ups. Use gradient/activation checkpointing Quoting directly from the documentation: Checkpointing works by trading compute for memory. Rather than storing all intermediate activations of the entire computation graph for computing backward, the checkpointed part does not save intermediate activations, and instead recomputes them in backward pass. It can be applied on any part of a model. Specifically, in the forward pass, function will run in torch.no\grad() manner, i.e., not storing the intermediate activations. Instead, the forward pass saves the inputs tuple and the functionparameter. In the backwards pass, the saved inputs and function is retrieved, and the forward pass is computed on function again, now tracking the intermediate activations, and then the gradients are calculated using these activation values. So while this will might slightly increase your run time for a given batch size, you'll significantly reduce your memory footprint. This in turn will allow you to further increase the batch size you're using allowing for better GPU utilization. While checkpointing is implemented natively as torch.utils.checkpoint(docs), it does seem to take some thought and effort to implement properly. Priya Goyal has a good tutorial demonstrating some of the key aspects of checkpointing. Use gradient accumulation Another approach to increasing the batch size is to accumulate gradients across multiple .backward() passes before calling optimizer.step(). Following a post by Hugging Face's Thomas Wolf, gradient accumulation can be implemented as follows: model.zero_grad() Reset gradients tensors for i, (inputs, labels) in enumerate(training_set): predictions = model(inputs) Forward pass loss = loss_function(predictions, labels) Compute loss function loss = loss / accumulation_steps Normalize our loss (if averaged) loss.backward() Backward pass if (i+1) % accumulation_steps == 0: Wait for several backward steps optimizer.step() Now we can do an optimizer step model.zero_grad() Reset gradients tensors if (i+1) % evaluation_steps == 0: Evaluate the model when we... evaluate_model() ...have no gradients accumulate This method was developed mainly to circumvent GPU memory limitations and I'm not entirely clear on the trade-off between having additional .backward() loops. This discussion on the fastai forum seems to suggest that it can in fact accelerate training, so it's probably worth a try. Use Distributed Data Parallel for multi-GPU training Methods to accelerate distributed training probably warrant their own post but one simple one is to use torch.nn.DistributedDataParallel rather than torch.nn.DataParallel. By doing so, each GPU will be driven by a dedicated CPU core avoiding the GIL issues of DataParallel. In general, I can strongly recommend reading the documentation on distributed training. Set gradients to None rather than 0 Use .zerograd(settonone=True) rather than .zerograd(). Doing so will let the memory allocator handle the gradients rather than actively setting them to 0. This will lead to yield a modest speed-up as they say in the documentation, so don't expect any miracles. Watch out, doing this is not side-effect free! Check the docs for the details on this. Use .as_tensor() rather than .tensor() torch.tensor() always copies data. If you have a numpy array that you want to convert, use torch.astensor() or torch.fromnumpy() to avoid copying the data. Turn on debugging tools only when actually needed PyTorch offers a number of useful debugging tools like the autograd.profiler, autograd.grad\check, and autograd.anomaly\detection. Make sure to use them to better understand when needed but to also turn them off when you don't need them as they will slow down your training. Use gradient clipping Originally used to avoid exploding gradients in RNNs, there is both some empirical evidence as well as some theoretical support that clipping gradients (roughly speaking: gradient = min(gradient, threshold)) accelerates convergence. Hugging Face's Transformer implementation is a really clean example of how to use gradient clipping as well as some of the other methods such as AMP mentioned in this post. In PyTorch this can be done using torch.nn.utils.clipgradnorm(documentation). It's not entirely clear to me which models benefit how much from gradient clipping but it seems to be robustly useful for RNNs, Transformer-based and ResNets architectures and a range of different optimizers. Turn off bias before BatchNorm This is a very simple one: turn off the bias of layers before BatchNormalization layers. For a 2-D convolutional layer, this can be done by setting the bias keyword to False: torch.nn.Conv2d(..., bias=False, ...).  (Here's a reminder why this makes sense.) You will save some parameters, I would however expect the speed-up of this to be relatively small as compared to some of the other methods mentioned here. Turn off gradient computation during validation This one is straightforward: set torch.no_grad() during validation. Use input and batch normalization You're probably already doing this but you might want to double-check: Are you normalizing your input? Are you using batch-normalization? And here's a reminder of why you probably should. Bonus tip from the comments: Use JIT to fuse point-wise operations. If you have adjacent point-wise operations you can use PyTorch JIT to combine them into one FusionGroup which can then be launched on a single kernel rather than multiple kernels as would have been done per default. You'll also save some memory reads and writes. Szymon Migacz shows how you can use the @torch.jit.script decorator to fuse the operations in a GELU, for instance: @torch.jit.script def fused_gelu(x): return x 0.5 (1.0 + torch.erf(x / 1.41421)) In this case, fusing the operations leads to a 5x speed-up for the execution of fused_gelu as compared to the unfused version. See also this post for an example of how Torchscript can be used to accelerate an RNN. Hat tip to u/Patient_Atmosphere45 for the suggestion. Sources and additional resources Many of the tips listed above come from Szymon Migacz' talk and post in the PyTorch docs. PyTorch Lightning's William Falcon has two interesting posts with tips to speed-up training. PyTorch Lightning does already take care of some of the points above per-default. Thomas Wolf at Hugging Face has a number of interesting articles on accelerating deep learning – with a particular focus on language models. The same goes for Sylvain Gugger and Jeremy Howard: they have many interesting posts in particular on learning rates and AdamW. Thanks to Ben Hahn, Kevin Klein and Robin Vaaler for their feedback on a draft of this post! I've also put all of the above into this blog post.

[D] What are some good advanced platforms?

Hey. I'm 27 and I think I got most of the basics for ML. I'm very good at math, I understand statistics and probability quite deep, worked on research projects by myself, for which I had to build models on my own. Not really complex, but still requiring creativity and a good understanding of basic concepts. I will soon start a data science job at a FAANG company and I want to further improve my skills and use their resources to the fullest, but I'm not really sure where to go from here in terms of learning. Could you help me with some more advanced materials/forums for ML research/place with good papers/place with good articles? I'd also like to study the very best and see the way they code and explain advanced concepts (like Andrej Karpathy) where can I find them?? is there a Twitch for challenger level AI researchers streaming live processes? Or videos showing the entire project flow (how they do data visualizations, mining, choosing models, tuning, etc) like top digital artists show the highlights or the entire speed-up of their painting processes? Here's a list all of my projects to get a general idea of my level and where I'm at: calculating the distance between hundreds of 42.000 feature objects (containing categorical, strings, numbers, hashes, booleans as variables) and then clustering. with some vector processing and a neural network implemented from scratch in C some models like ARIMA (together with linear regression) combining a FFT with a neural network for a 42d wave classification T-SNE to split dataset into 2d grids -> Kullback–Leibler on grids for distance -> DBSCAN/KMEANS for clustering genetic algorithms for hyperparameter optimizations and reinforcement learning (neuro evolution) DBSCAN -> Levenberg-Marquardt for polynomial coefficients-> neural network predicting the coefficients based on different parameters playing with instance segmentation and some algorithms to synchronize a color and a depth camera simulations/statistics/probabilities for video games a lot of visualizations and data mining for patterns As you can see there is no LLM/ Generative AI/ Computer Vision stuff, which I would like to get into. I'm also not 100% sure what else would be nice to learn in general. I know most of the basic procedures for training, balancing datasets, avoid overfit, computing error plots, comparing models, etc and I'm familiar with most of math (not insanely advanced) used in ML. I didn't read many papers, but holy ... most of them are so unreadable and filled with pompous nonsense that 99% of the effort is de-obfuscating the bs and reading for so long just to figure out how the input is encoded, what's the output, and what's the model. Where can I find good, readable, structured papers which are actually on point? I'm from Eastern Europe and most of my learning has been done by my self after high school, the education quality is close to zero in the universities here and I never had any mentors at the jobs I worked. There's no research in this country, and getting to work on these projects was insanely hard, some of them being done in my free time or for free just to get experience... Fortunately after a lot of hard work I got into FAANG, and I hope things will be better here. Most of what I've learned has been from very fragmented places on the internet, and now I'm looking for centralized places and communities of top quality content. TL;DR: sorry for the long rambling. had to order my thoughts and figure what i actually want: Looking for top tier AI researchers showcasing their work processes, places with clear papers/articles, tips for someone who's no longer a very beginner, and other communities like this.

[P] RLHF Learning to Summarize: Implementation by CarperAI with trlX

Hi, "Learning to summarize from human feedback" is a 2020 paper by OpenAI demonstrating how to use reinforcement learning with human feedback (RLHF) to fine-tune a language model to produce higher quality summaries of news articles and Reddit posts than is possible with supervised fine-tuning. Now, CarperAI has demonstrated how to use their library trlX to implement this work, by applying RLHF to the summarization dataset released by OpenAI and fine-tuning GPT-J-6B. Read the full report here, with a code walkthrough: https://wandb.ai/carperai/summarize_RLHF/reports/Implementing-RLHF-Learning-to-Summarize-with-trlX--VmlldzozMzAwODM2 trlX library here: https://github.com/CarperAI/trlx Twitter thread here: https://twitter.com/carperai/status/1613645352514768897

[D] What is your honest experience with reinforcement learning?

In my personal experience, SOTA RL algorithms simply don't work. I've tried working with reinforcement learning for over 5 years. I remember when Alpha Go defeated the world famous Go player, Lee Sedol, and everybody thought RL would take the ML community by storm. Yet, outside of toy problems, I've personally never found a practical use-case of RL. What is your experience with it? Aside from Ad recommendation systems and RLHF, are there legitimate use-cases of RL? Or, was it all hype? Edit: I know a lot about AI. I built NexusTrade, an AI-Powered automated investing tool that lets non-technical users create, update, and deploy their trading strategies. I’m not an idiot nor a noob; RL is just ridiculously hard. Edit 2: Since my comments are being downvoted, here is a link to my article that better describes my position. It's not that I don't understand RL. I released my open-source code and wrote a paper on it. It's the fact that it's EXTREMELY difficult to understand. Other deep learning algorithms like CNNs (including ResNets), RNNs (including GRUs and LSTMs), Transformers, and GANs are not hard to understand. These algorithms work and have practical use-cases outside of the lab. Traditional SOTA RL algorithms like PPO, DDPG, and TD3 are just very hard. You need to do a bunch of research to even implement a toy problem. In contrast, the decision transformer is something anybody can implement, and it seems to match or surpass the SOTA. You don't need two networks battling each other. You don't have to go through hell to debug your network. It just naturally learns the best set of actions in an auto-regressive manner. I also didn't mean to come off as arrogant or imply that RL is not worth learning. I just haven't seen any real-world, practical use-cases of it. I simply wanted to start a discussion, not claim that I know everything. Edit 3: There's a shockingly number of people calling me an idiot for not fully understanding RL. You guys are wayyy too comfortable calling people you disagree with names. News-flash, not everybody has a PhD in ML. My undergraduate degree is in biology. I self-taught myself the high-level maths to understand ML. I'm very passionate about the field; I just have VERY disappointing experiences with RL. Funny enough, there are very few people refuting my actual points. To summarize: Lack of real-world applications Extremely complex and inaccessible to 99% of the population Much harder than traditional DL algorithms like CNNs, RNNs, and GANs Sample inefficiency and instability Difficult to debug Better alternatives, such as the Decision Transformer Are these not legitimate criticisms? Is the purpose of this sub not to have discussions related to Machine Learning? To the few commenters that aren't calling me an idiot...thank you! Remember, it costs you nothing to be nice! Edit 4: Lots of people seem to agree that RL is over-hyped. Unfortunately those comments are downvoted. To clear up some things: We've invested HEAVILY into reinforcement learning. All we got from this investment is a robot that can be super-human at (some) video games. AlphaFold did not use any reinforcement learning. SpaceX doesn't either. I concede that it can be useful for robotics, but still argue that it's use-cases outside the lab are extremely limited. If you're stumbling on this thread and curious about an RL alternative, check out the Decision Transformer. It can be used in any situation that a traditional RL algorithm can be used. Final Edit: To those who contributed more recently, thank you for the thoughtful discussion! From what I learned, model-based models like Dreamer and IRIS MIGHT have a future. But everybody who has actually used model-free models like DDPG unanimously agree that they suck and don’t work.

[D] How OpenAI JSON mode implemented?

I assume that all the training data is in JSON format, but higher temperature or other randomness during generation doesn’t guarantee that the outputs will always be in JSON. What other methods do you think could ensure that the outputs are consistently in JSON? Perhaps some rule-based methods during decoding could help?

[N] How Stability AI’s Founder Tanked His Billion-Dollar Startup

forbes article: https://www.forbes.com/sites/kenrickcai/2024/03/29/how-stability-ais-founder-tanked-his-billion-dollar-startup/ archive no paywall: https://archive.is/snbeV How Stability AI’s Founder Tanked His Billion-Dollar Startup Mar 29, 2024 Stability AI founder Emad Mostaque took the stage last week at the Terranea Resort in Palos Verdes, California to roaring applause and an introduction from an AI-generated Aristotle who announced him as “a modern Prometheus” with “the astuteness of Athena and the vision of Daedalus.” “Under his stewardship, AI becomes the Herculean force poised to vanquish the twin serpents of illness and ailment and extend the olive branch of longevity,” the faux Aristotle proclaimed. “I think that’s the best intro I’ve ever had,” Mostaque said. But behind Mostaque's hagiographic introduction lay a grim and fast metastasizing truth. Stability, once one of AI’s buzziest startups, was floundering. It had been running out of money for months and Mostaque had been unable to secure enough additional funding. It had defaulted on payments to Amazon whose cloud service undergirded Stability’s core offerings. The star research team behind its flagship text-to-image generator Stable Diffusion had tendered their resignations just three days before — as Forbes would first report — and other senior leaders had issued him an ultimatum: resign, or we walk too. Still, onstage before a massive audience of peers and acolytes, Mostaque talked a big game. “AI is jet planes for the mind,” he opined. “AI is our collective intelligence. It's the human Colossus.” He claimed a new, faster version of the Stable Diffusion image generator released earlier this month could generate “200 cats with hats per second.” But later, when he was asked about Stability’s financial model, Mostaque fumbled. “I can’t say that publicly,” he replied. “But it’s going well. We’re ahead of forecast.” Four days later, Mostaque stepped down as CEO of Stability, as Forbes first reported. In a post to X, the service formerly known as Twitter, he claimed he’d voluntarily abdicated his role to decentralize “the concentration of power in AI.” But sources told Forbes that was hardly the case. Behind the scenes, Mostaque had fought to maintain his position and control despite mounting pressure externally and internally to step down. Company documents and interviews with 32 current and former employees, investors, collaborators and industry observers suggest his abrupt exit was the result of poor business judgment and wild overspending that undermined confidence in his vision and leadership, and ultimately kneecapped the company. Mostaque, through his attorneys, declined to comment on record on a detailed list of questions about the reporting in this story. But in an email to Forbes earlier this week he broadly disputed the allegations. “Nobody tells you how hard it is to be a CEO and there are better CEOs than me to scale a business,” he said in a statement. “I am not sure anyone else would have been able to build and grow the research team to build the best and most widely used models out there and I’m very proud of the team there. I look forward to moving onto the next problem to handle and hopefully move the needle.” In an emailed statement, Christian Laforte and Shan Shan Wong, the interim co-CEOs who replaced Mostaque, said, "the company remains focused on commercializing its world leading technology” and providing it “to partners across the creative industries." After starting Stability in 2019, Mostaque built the company into an early AI juggernaut by seizing upon a promising research project that would become Stable Diffusion and funding it into a business reality. The ease with which the software generated detailed images from the simplest text prompts immediately captivated the public: 10 million people used it on any given day, the company told Forbes in early 2023. For some true believers, Mostaque was a crucial advocate for open-source AI development in a space dominated by the closed systems of OpenAI, Google and Anthropic. But his startup’s rise to one of the buzziest in generative AI was in part built on a series of exaggerations and misleading claims, as Forbes first reported last year (Mostaque disputed some points at the time). And they continued after he raised $100 million at a $1 billion valuation just days after launching Stable Diffusion in 2022. His failure to deliver on an array of grand promises, like building bespoke AI models for nation states, and his decision to pour tens of millions into research without a sustainable business plan, eroded Stability’s foundations and jeopardized its future. "He was just giving shit away,” one former employee told Forbes. “That man legitimately wanted to transform the world. He actually wanted to train AI models for kids in Malawi. Was it practical? Absolutely not." By October 2023, Stability would have less than $4 million left in the bank, according to an internal memo prepared for a board meeting and reviewed by Forbes. And mounting debt, including months of overdue Amazon Web Services payments, had already left it in the red. To avoid legal penalties for skipping Americans staff’s payroll, the document explained, the London-based startup was considering delaying tax payments to the U.K. government. It was Stability’s armada of GPUs, the wildly powerful and equally expensive chips undergirding AI, that were so taxing the company’s finances. Hosted by AWS, they had long been one of Mostaque’s bragging points; he often touted them as one of the world’s 10 largest supercomputers. They were responsible for helping Stability’s researchers build and maintain one of the top AI image generators, as well as break important new ground on generative audio, video and 3D models. “Undeniably, Stability has continued to ship a lot of models,” said one former employee. “They may not have profited off of it, but the broader ecosystem benefitted in a huge, huge way.” But the costs associated with so much compute were now threatening to sink the company. According to an internal October financial forecast seen by Forbes, Stability was on track to spend $99 million on compute in 2023. It noted as well that Stability was “underpaying AWS bills for July (by $1M)” and “not planning to pay AWS at the end of October for August usage ($7M).” Then there were the September and October bills, plus $1 million owed to Google Cloud and $600,000 to GPU cloud data center CoreWeave. (Amazon, Google and CoreWeave declined to comment.) With an additional $54 million allocated to wages and operating expenses, Stability’s total projected costs for 2023 were $153 million. But according to its October financial report, its projected revenue for the calendar year was just $11 million. Stability was on track to lose more money per month than it made in an entire year. The company’s dire financial position had thoroughly soured Stability’s current investors, including Coatue, which had invested tens of millions in the company during its $101 million funding round in 2022. In the middle of 2023, Mostaque agreed to an independent audit after Coatue raised a series of concerns, according to a source with direct knowledge of the matter. The outcome of the investigation is unclear. Coatue declined to comment. Within a week of an early October board meeting where Mostaque shared that financial forecast, Lightspeed Venture Partners, another major investor, sent a letter to the board urging them to sell the company. The distressing numbers had “severely undermined” the firm’s confidence in Mostaque’s ability to lead the company. “In particular, we are surprised and deeply concerned by a cash position just now disclosed to us that is inconsistent with prior discussions on this topic,” Lightspeed’s general counsel Brett Nissenberg wrote in the letter, a copy of which was viewed by Forbes. “Lightspeed believes that the company is not likely financeable on terms that would assure the company’s long term sound financial position.” (Lightspeed declined a request for comment.) The calls for a sale led Stability to quietly begin looking for a buyer. Bloomberg reported in November that Stability approached AI startups Cohere and Jasper to gauge their interest. Stability denied this, and Jasper CEO Timothy Young did the same when reached for comment by Forbes. A Cohere representative declined to comment. But one prominent AI company confirmed that Mostaque’s representatives had reached out to them to test the waters. Those talks did not advance because “the numbers didn’t add up,” this person, who declined to be named due to the confidential nature of the talks, told Forbes. Stability also tried to court Samsung as a buyer, going so far as to redecorate its office in advance of a planned meeting with the Korean electronics giant. (Samsung said that it invested in Stability in 2023 and that it does not comment on M&A discussions.) Coatue had been calling for Mostaque’s resignation for months, according to a source with direct knowledge. But it and other investors were unable to oust him because he was the company’s majority shareholder. When they tried a different tact by rallying other investors to offer him a juicy equity package to resign, Mostaque refused, said two sources. By October, Coatue and Lightspeed had had enough. Coatue left the board and Lightspeed resigned its observer seat. “Emad infuriated our initial investors so much it’s just making it impossible for us to raise more money under acceptable terms,” one current Stability executive told Forbes. The early months of 2024 saw Stability’s already precarious position eroding further still. Employees were quietly laid off. Three people in a position to know estimated that at least 10% of staff were cut. And cash reserves continued to dwindle. Mostaque mentioned a lifeline at the October board meeting: $95 million in tentative funding from new investors, pending due diligence. But in the end, only a fraction of it was wired, two sources say, much of it from Intel, which Forbes has learned invested $20 million, a fraction of what was reported. (Intel did not return a request for comment by publication time.) Two hours after Forbes broke the news of Mostaque’s plans to step down as CEO, Stability issued a press release confirming his resignation. Chief operating officer Wong and chief technology officer Laforte have taken over in the interim. Mostaque, who said on X that he still owns a majority of the company, also stepped down from the board, which has now initiated a search for a permanent CEO. There is a lot of work to be done to turn things around, and very little time in which to do it. Said the current Stability executive, “There’s still a possibility of a turnaround story, but the odds drop by the day.” In July of 2023, Mostaque still thought he could pull it off. Halfway through the month, he shared a fundraising plan with his lieutenants. It was wildly optimistic, detailing the raise of $500 million in cash and another $750 million in computing facilities from marquee investors like Nvidia, Google, Intel and the World Bank (Nvidia and Google declined comment. Intel did not respond. The World Bank said it did not invest in Stability). In a Slack message reviewed by Forbes, Mostaque said Google was “willing to move fast” and the round was “likely to be oversubscribed.” It wasn’t. Three people with direct knowledge of these fundraising efforts told Forbes that while there was some interest in Stability, talks often stalled when it came time to disclose financials. Two of them noted that earlier in the year, Mostaque had simply stopped engaging with VCs who asked for numbers. Only one firm invested around that time: actor Ashton Kutcher’s Sound Ventures, which invested $35 million in the form of a convertible SAFE note during the second quarter, according to an internal document. (Sound Ventures did not respond to a request for comment.) And though he’d managed to score a meeting with Nvidia and its CEO Jensen Huang, it ended in disaster, according to two sources. “Under Jensen's microscopic questions, Emad just fell apart,” a source in position to know told Forbes. Huang quickly concluded Stability wasn’t ready for an investment from Nvidia, the sources said. Mostaque told Forbes in an email that he had not met with Huang since 2022, except to say “hello and what’s up a few times after.” His July 2023 message references a plan to raise $150 million from Nvidia. (Nvidia declined to comment.) After a June Forbes investigation citing more than 30 sources revealed Mostaque’s history of misleading claims, Mostaque struggled to raise funding, a Stability investor told Forbes. (Mostaque disputed the story at the time and called it "coordinated lies" in his email this week to Forbes). Increasingly, investors scrutinized his assertions and pressed for data. And Young, now the CEO of Jasper, turned down a verbal offer to be Stability’s president after reading the article, according to a source with direct knowledge of the matter. The collapse of the talks aggravated the board and other executives, who had hoped Young would compensate for the sales and business management skills that Mostaque lacked, according to four people in a position to know. (Young declined to comment.) When Stability’s senior leadership convened in London for the CogX conference in September, the financing had still not closed. There, a group of executives confronted Mostaque asking questions about the company’s cash position and runway, according to three people with direct knowledge of the incident. They did not get the clarity they’d hoped for. By October, Mostaque had reduced his fundraising target by more than 80%. The months that followed saw a steady drumbeat of departures — general counsel Adam Avrunin, vice presidents Mike Melnicki, Ed Newton-Rex and Joe Penna, chief people officer Ozden Onder — culminating in the demoralizing March exit of Stable Diffusion’s primary developers Robin Rombach, Andreas Blattmann, Patrick Esser and Dominik Lorenz. Rombach, who led the team, had been angling to leave for months, two sources said, first threatening to resign last summer because of the fundraising failures. Others left over concerns about cash flow, as well as liabilities — including what four people described as Mostaque’s lax approach to ensuring that Stability products could not be used to produce child sexual abuse imagery. “Stability AI is committed to preventing the misuse of AI and prohibits the use of our image models and services for unlawful activity, including attempts to edit or create CSAM,” Ella Irwin, senior vice president of integrity, said in a statement. Newton-Rex told Forbes he resigned because he disagreed with Stability’s position that training AI on copyrighted work without consent is fair use. Melnicki and Penna declined to comment. Avrunin and Onder could not be reached for comment. None of the researchers responded to requests for comment. The Stable Diffusion researchers’ departure as a cohort says a lot about the state of Stability AI. The company’s researchers were widely viewed as its crown jewels, their work subsidized with a firehose of pricey compute power that was even extended to people outside the company. Martino Russi, an artificial intelligence researcher, told Forbes that though he was never formally employed by Stability, the company provided him a “staggering” amount of compute between January and April 2023 to play around with developing an AI video generator that Stability might someday use. “It was Candy Land or Coney Island,” said Russi, who estimates that his experiment, which was ultimately shelved, cost the company $2.5 million. Stable Diffusion was simultaneously Stability’s marquee product and its existential cash crisis. One current employee described it to Forbes as “a giant vacuum that absorbed everything: money, compute, people.” While the software was widely used, with Mostaque claiming downloads reaching into the hundreds of millions, Stability struggled to translate that wild success into revenue. Mostaque knew it could be done — peers at Databricks, Elastic and MongoDB had all turned a free product into a lucrative business — he just couldn’t figure out how. His first attempt was Stability’s API, which allowed paying customers to integrate Stable Diffusion into their own products. In early 2023, a handful of small companies, like art generator app NightCafe and presentation software startup Tome, signed on, according to four people with knowledge of the deals. But Stability’s poor account management services soured many, and in a matter of months NightCafe and Tome canceled their contracts, three people said. NightCafe founder Angus Russell told Forbes that his company switched to a competitor which “offered much cheaper inference costs and a broader service.” Tome did not respond to a request for comment. Meanwhile, Mostaque’s efforts to court larger companies like Samsung and Snapchat were failing, according to five people familiar with the effort. Canva, which was already one of the heaviest users of open-sourced Stable Diffusion, had multiple discussions with Stability, which was angling for a contract it hoped would generate several millions in annual revenue. But the deal never materialized, four sources said. “These three companies wanted and needed us,” one former employee told Forbes. “They would have been the perfect customers.” (Samsung, Snap and Canva declined to comment.) “It’s not that there was not an appetite to pay Stability — there were tons of companies that would have that wanted to,” the former employee said. “There was a huge opportunity and demand, but just a resistance to execution.” Mostaque’s other big idea was to provide governments with bespoke national AI models that would invigorate their economies and citizenry. “Emad envisions a world where AI through 100 national models serves not as a tool of the few, but as a benefactor to all promising to confront great adversaries, cancer, autism, and the sands of time itself,” the AI avatar of Aristotle said in his intro at the conference. Mostaque told several prospective customers that he could deliver such models within 60 days — an untenable timeline, according to two people in position to know. Stability attempted to develop a model for the Singaporean government over the protestation of employees who questioned its technical feasibility, three sources familiar with the effort told Forbes. But it couldn’t pull it off and Singapore never became a customer. (The government of Singapore confirmed it did not enter into a deal with Stability, but declined to answer additional questions.) As Stability careened from one new business idea to another, resources were abruptly reallocated and researchers reassigned. The whiplash shifts in a largely siloed organization demoralized and infuriated employees. “There were ‘urgent’ things, ‘urgent urgent’ things and ‘most urgent,’” one former employee complained. “None of these things seem important if everything is important.” Another former Stability executive was far more pointed in their assessment. “Emad is the most disorganized leader I have ever worked with in my career,” this person told Forbes. “He has no vision, and changes directions every week, often based on what he sees on Twitter.” In a video interview posted shortly before this story was published, Mostaque explained his leadership style: “I'm particularly great at taking creatives, developers, researchers, others, and achieving their full potential in designing systems. But I should not be dealing with, you know, HR and operations and business development and other elements. There are far better people than me to do that.” By December 2023, Stability had partially abandoned its open-source roots and announced that any commercial use of Stable Diffusion would cost customers at least $20 per month (non-commercial and research use of Stable Diffusion would remain free). But privately, Stability was considering a potentially more lucrative source of revenue: reselling the compute it was leasing from providers like AWS, according to six people familiar with the effort. Though it was essentially GPU arbitrage, Stability framed the strategy to investors as a “managed services” offering. Its damning October financial report projected optimistically that such an offering would bring in $139 million in 2024 — 98% of its revenue. Multiple employees at the time told Forbes they feared reselling compute, even if the company called it “managed services,” would violate the terms of Stability’s contract with AWS. Amazon declined to comment. “The line internally was that we are not reselling compute,” one former employee said. “This was some of the dirtiest feeling stuff.” Stability also discussed reselling a cluster of Nvidia A100 chips, leased via CoreWeave, to the venture capital firm Andreessen Horowitz, three sources said. “It was under the guise of managed services, but there wasn’t any management happening,” one of these people told Forbes. Andreessen Horowitz and CoreWeave declined to comment. Stability did not respond to questions about if it plans to continue this strategy now that Mostaque is out of the picture. Regardless, interim co-CEOs Wong and Laforte are on a tight timeline to clean up his mess. Board chairman Jim O’Shaughnessy said in a statement that he was confident the pair “will adeptly steer the company forward in developing and commercializing industry-leading generative AI products.” But burn continues to far outpace revenue. The Financial Times reported Friday that the company made $5.4 million of revenue in February, against $8 million in costs. Several sources said there are ongoing concerns about making payroll for the roughly 150 remaining employees. Leadership roles have gone vacant for months amid the disarray, leaving the company increasingly directionless. Meanwhile, a potentially catastrophic legal threat looms over the company: A trio of copyright infringement lawsuits brought by Getty Images and a group of artists in the U.S. and U.K., who claim Stability illegally used their art and photography to train the AI models powering Stable Diffusion. A London-based court has already rejected the company’s bid to throw out one of the lawsuits on the basis that none of its researchers were based in the U.K. And Stability’s claim that Getty’s Delaware lawsuit should be blocked because it's a U.K.-based company was rejected. (Stability did not respond to questions about the litigation.) AI-related copyright litigation “could go on for years,” according to Eric Goldman, a law professor at Santa Clara University. He told Forbes that though plaintiffs suing AI firms face an uphill battle overcoming the existing legal precedent on copyright infringement, the quantity of arguments available to make are virtually inexhaustible. “Like in military theory, if there’s a gap in your lines, that’s where the enemy pours through — if any one of those arguments succeeds, it could completely change the generative AI environment,” he said. “In some sense, generative AI as an industry has to win everything.” Stability, which had more than $100 million in the bank just a year and a half ago, is in a deep hole. Not only does it need more funding, it needs a viable business model — or a buyer with the vision and chops to make it successful in a fast-moving and highly competitive sector. At an all hands meeting this past Monday, Stability’s new leaders detailed a path forward. One point of emphasis: a plan to better manage resources and expenses, according to one person in attendance. It’s a start, but Mostaque’s meddling has left them with little runway to execute. His resignation, though, has given some employees hope. “A few people are 100% going to reconsider leaving after today,” said one current employee. “And the weird gloomy aura of hearing Emad talking nonsense for an hour is gone.” Shortly before Mostaque resigned, one current Stability executive told Forbes that they were optimistic his departure could make Stability appealing enough to receive a small investment or sale to a friendly party. “There are companies that have raised hundreds of millions of dollars that have much less intrinsic value than Stability,” the person said. “A white knight may still appear.”

Interview with Juergen Schmidhuber, renowned ‘Father Of Modern AI’, says his life’s work won't lead to dystopia.

Schmidhuber interview expressing his views on the future of AI and AGI. Original source. I think the interview is of interest to r/MachineLearning, and presents an alternate view, compared to other influential leaders in AI. Juergen Schmidhuber, Renowned 'Father Of Modern AI,' Says His Life’s Work Won't Lead To Dystopia May 23, 2023. Contributed by Hessie Jones. Amid the growing concern about the impact of more advanced artificial intelligence (AI) technologies on society, there are many in the technology community who fear the implications of the advancements in Generative AI if they go unchecked. Dr. Juergen Schmidhuber, a renowned scientist, artificial intelligence researcher and widely regarded as one of the pioneers in the field, is more optimistic. He declares that many of those who suddenly warn against the dangers of AI are just seeking publicity, exploiting the media’s obsession with killer robots which has attracted more attention than “good AI” for healthcare etc. The potential to revolutionize various industries and improve our lives is clear, as are the equal dangers if bad actors leverage the technology for personal gain. Are we headed towards a dystopian future, or is there reason to be optimistic? I had a chance to sit down with Dr. Juergen Schmidhuber to understand his perspective on this seemingly fast-moving AI-train that will leap us into the future. As a teenager in the 1970s, Juergen Schmidhuber became fascinated with the idea of creating intelligent machines that could learn and improve on their own, becoming smarter than himself within his lifetime. This would ultimately lead to his groundbreaking work in the field of deep learning. In the 1980s, he studied computer science at the Technical University of Munich (TUM), where he earned his diploma in 1987. His thesis was on the ultimate self-improving machines that, not only, learn through some pre-wired human-designed learning algorithm, but also learn and improve the learning algorithm itself. Decades later, this became a hot topic. He also received his Ph.D. at TUM in 1991 for work that laid some of the foundations of modern AI. Schmidhuber is best known for his contributions to the development of recurrent neural networks (RNNs), the most powerful type of artificial neural network that can process sequential data such as speech and natural language. With his students Sepp Hochreiter, Felix Gers, Alex Graves, Daan Wierstra, and others, he published architectures and training algorithms for the long short-term memory (LSTM), a type of RNN that is widely used in natural language processing, speech recognition, video games, robotics, and other applications. LSTM has become the most cited neural network of the 20th century, and Business Week called it "arguably the most commercial AI achievement." Throughout his career, Schmidhuber has received various awards and accolades for his groundbreaking work. In 2013, he was awarded the Helmholtz Prize, which recognizes significant contributions to the field of machine learning. In 2016, he was awarded the IEEE Neural Network Pioneer Award for "pioneering contributions to deep learning and neural networks." The media have often called him the “father of modern AI,” because the most cited neural networks all build on his lab’s work. He is quick to point out, however, that AI history goes back centuries. Despite his many accomplishments, at the age of 60, he feels mounting time pressure towards building an Artificial General Intelligence within his lifetime and remains committed to pushing the boundaries of AI research and development. He is currently director of the KAUST AI Initiative, scientific director of the Swiss AI Lab IDSIA, and co-founder and chief scientist of AI company NNAISENSE, whose motto is "AI∀" which is a math-inspired way of saying "AI For All." He continues to work on cutting-edge AI technologies and applications to improve human health and extend human lives and make lives easier for everyone. The following interview has been edited for clarity. Jones: Thank you Juergen for joining me. You have signed letters warning about AI weapons. But you didn't sign the recent publication, "Pause Gigantic AI Experiments: An Open Letter"? Is there a reason? Schmidhuber: Thank you Hessie. Glad to speak with you. I have realized that many of those who warn in public against the dangers of AI are just seeking publicity. I don't think the latest letter will have any significant impact because many AI researchers, companies, and governments will ignore it completely. The proposal frequently uses the word "we" and refers to "us," the humans. But as I have pointed out many times in the past, there is no "we" that everyone can identify with. Ask 10 different people, and you will hear 10 different opinions about what is "good." Some of those opinions will be completely incompatible with each other. Don't forget the enormous amount of conflict between the many people. The letter also says, "If such a pause cannot be quickly put in place, governments should intervene and impose a moratorium." The problem is that different governments have ALSO different opinions about what is good for them and for others. Great Power A will say, if we don't do it, Great Power B will, perhaps secretly, and gain an advantage over us. The same is true for Great Powers C and D. Jones: Everyone acknowledges this fear surrounding current generative AI technology. Moreover, the existential threat of this technology has been publicly acknowledged by Sam Altman, CEO of OpenAI himself, calling for AI regulation. From your perspective, is there an existential threat? Schmidhuber: It is true that AI can be weaponized, and I have no doubt that there will be all kinds of AI arms races, but AI does not introduce a new quality of existential threat. The threat coming from AI weapons seems to pale in comparison to the much older threat from nuclear hydrogen bombs that don’t need AI at all. We should be much more afraid of half-century-old tech in the form of H-bomb rockets. The Tsar Bomba of 1961 had almost 15 times more destructive power than all weapons of WW-II combined. Despite the dramatic nuclear disarmament since the 1980s, there are still more than enough nuclear warheads to wipe out human civilization within two hours, without any AI I’m much more worried about that old existential threat than the rather harmless AI weapons. Jones: I realize that while you compare AI to the threat of nuclear bombs, there is a current danger that a current technology can be put in the hands of humans and enable them to “eventually” exact further harms to individuals of group in a very precise way, like targeted drone attacks. You are giving people a toolset that they've never had before, enabling bad actors, as some have pointed out, to be able to do a lot more than previously because they didn't have this technology. Schmidhuber: Now, all that sounds horrible in principle, but our existing laws are sufficient to deal with these new types of weapons enabled by AI. If you kill someone with a gun, you will go to jail. Same if you kill someone with one of these drones. Law enforcement will get better at understanding new threats and new weapons and will respond with better technology to combat these threats. Enabling drones to target persons from a distance in a way that requires some tracking and some intelligence to perform, which has traditionally been performed by skilled humans, to me, it seems is just an improved version of a traditional weapon, like a gun, which is, you know, a little bit smarter than the old guns. But, in principle, all of that is not a new development. For many centuries, we have had the evolution of better weaponry and deadlier poisons and so on, and law enforcement has evolved their policies to react to these threats over time. So, it's not that we suddenly have a new quality of existential threat and it's much more worrisome than what we have had for about six decades. A large nuclear warhead doesn’t need fancy face recognition to kill an individual. No, it simply wipes out an entire city with ten million inhabitants. Jones: The existential threat that’s implied is the extent to which humans have control over this technology. We see some early cases of opportunism which, as you say, tends to get more media attention than positive breakthroughs. But you’re implying that this will all balance out? Schmidhuber: Historically, we have a long tradition of technological breakthroughs that led to advancements in weapons for the purpose of defense but also for protection. From sticks, to rocks, to axes to gunpowder to cannons to rockets… and now to drones… this has had a drastic influence on human history but what has been consistent throughout history is that those who are using technology to achieve their own ends are themselves, facing the same technology because the opposing side is learning to use it against them. And that's what has been repeated in thousands of years of human history and it will continue. I don't see the new AI arms race as something that is remotely as existential a threat as the good old nuclear warheads. You said something important, in that some people prefer to talk about the downsides rather than the benefits of this technology, but that's misleading, because 95% of all AI research and AI development is about making people happier and advancing human life and health. Jones: Let’s touch on some of those beneficial advances in AI research that have been able to radically change present day methods and achieve breakthroughs. Schmidhuber: All right! For example, eleven years ago, our team with my postdoc Dan Ciresan was the first to win a medical imaging competition through deep learning. We analyzed female breast cells with the objective to determine harmless cells vs. those in the pre-cancer stage. Typically, a trained oncologist needs a long time to make these determinations. Our team, who knew nothing about cancer, were able to train an artificial neural network, which was totally dumb in the beginning, on lots of this kind of data. It was able to outperform all the other methods. Today, this is being used not only for breast cancer, but also for radiology and detecting plaque in arteries, and many other things. Some of the neural networks that we have developed in the last 3 decades are now prevalent across thousands of healthcare applications, detecting Diabetes and Covid-19 and what not. This will eventually permeate across all healthcare. The good consequences of this type of AI are much more important than the click-bait new ways of conducting crimes with AI. Jones: Adoption is a product of reinforced outcomes. The massive scale of adoption either leads us to believe that people have been led astray, or conversely, technology is having a positive effect on people’s lives. Schmidhuber: The latter is the likely case. There's intense commercial pressure towards good AI rather than bad AI because companies want to sell you something, and you are going to buy only stuff you think is going to be good for you. So already just through this simple, commercial pressure, you have a tremendous bias towards good AI rather than bad AI. However, doomsday scenarios like in Schwarzenegger movies grab more attention than documentaries on AI that improve people’s lives. Jones: I would argue that people are drawn to good stories – narratives that contain an adversary and struggle, but in the end, have happy endings. And this is consistent with your comment on human nature and how history, despite its tendency for violence and destruction of humanity, somehow tends to correct itself. Let’s take the example of a technology, which you are aware – GANs – General Adversarial Networks, which today has been used in applications for fake news and disinformation. In actuality, the purpose in the invention of GANs was far from what it is used for today. Schmidhuber: Yes, the name GANs was created in 2014 but we had the basic principle already in the early 1990s. More than 30 years ago, I called it artificial curiosity. It's a very simple way of injecting creativity into a little two network system. This creative AI is not just trying to slavishly imitate humans. Rather, it’s inventing its own goals. Let me explain: You have two networks. One network is producing outputs that could be anything, any action. Then the second network is looking at these actions and it’s trying to predict the consequences of these actions. An action could move a robot, then something happens, and the other network is just trying to predict what will happen. Now we can implement artificial curiosity by reducing the prediction error of the second network, which, at the same time, is the reward of the first network. The first network wants to maximize its reward and so it will invent actions that will lead to situations that will surprise the second network, which it has not yet learned to predict well. In the case where the outputs are fake images, the first network will try to generate images that are good enough to fool the second network, which will attempt to predict the reaction of the environment: fake or real image, and it will try to become better at it. The first network will continue to also improve at generating images whose type the second network will not be able to predict. So, they fight each other. The 2nd network will continue to reduce its prediction error, while the 1st network will attempt to maximize it. Through this zero-sum game the first network gets better and better at producing these convincing fake outputs which look almost realistic. So, once you have an interesting set of images by Vincent Van Gogh, you can generate new images that leverage his style, without the original artist having ever produced the artwork himself. Jones: I see how the Van Gogh example can be applied in an education setting and there are countless examples of artists mimicking styles from famous painters but image generation from this instance that can happen within seconds is quite another feat. And you know this is how GANs has been used. What’s more prevalent today is a socialized enablement of generating images or information to intentionally fool people. It also surfaces new harms that deal with the threat to intellectual property and copyright, where laws have yet to account for. And from your perspective this was not the intention when the model was conceived. What was your motivation in your early conception of what is now GANs? Schmidhuber: My old motivation for GANs was actually very important and it was not to create deepfakes or fake news but to enable AIs to be curious and invent their own goals, to make them explore their environment and make them creative. Suppose you have a robot that executes one action, then something happens, then it executes another action, and so on, because it wants to achieve certain goals in the environment. For example, when the battery is low, this will trigger “pain” through hunger sensors, so it wants to go to the charging station, without running into obstacles, which will trigger other pain sensors. It will seek to minimize pain (encoded through numbers). Now the robot has a friend, the second network, which is a world model ––it’s a prediction machine that learns to predict the consequences of the robot’s actions. Once the robot has a good model of the world, it can use it for planning. It can be used as a simulation of the real world. And then it can determine what is a good action sequence. If the robot imagines this sequence of actions, the model will predict a lot of pain, which it wants to avoid. If it plays this alternative action sequence in its mental model of the world, then it will predict a rewarding situation where it’s going to sit on the charging station and its battery is going to load again. So, it'll prefer to execute the latter action sequence. In the beginning, however, the model of the world knows nothing, so how can we motivate the first network to generate experiments that lead to data that helps the world model learn something it didn’t already know? That’s what artificial curiosity is about. The dueling two network systems effectively explore uncharted environments by creating experiments so that over time the curious AI gets a better sense of how the environment works. This can be applied to all kinds of environments, and has medical applications. Jones: Let’s talk about the future. You have said, “Traditional humans won’t play a significant role in spreading intelligence across the universe.” Schmidhuber: Let’s first conceptually separate two types of AIs. The first type of AI are tools directed by humans. They are trained to do specific things like accurately detect diabetes or heart disease and prevent attacks before they happen. In these cases, the goal is coming from the human. More interesting AIs are setting their own goals. They are inventing their own experiments and learning from them. Their horizons expand and eventually they become more and more general problem solvers in the real world. They are not controlled by their parents, but much of what they learn is through self-invented experiments. A robot, for example, is rotating a toy, and as it is doing this, the video coming in through the camera eyes, changes over time and it begins to learn how this video changes and learns how the 3D nature of the toy generates certain videos if you rotate it a certain way, and eventually, how gravity works, and how the physics of the world works. Like a little scientist! And I have predicted for decades that future scaled-up versions of such AI scientists will want to further expand their horizons, and eventually go where most of the physical resources are, to build more and bigger AIs. And of course, almost all of these resources are far away from earth out there in space, which is hostile to humans but friendly to appropriately designed AI-controlled robots and self-replicating robot factories. So here we are not talking any longer about our tiny biosphere; no, we are talking about the much bigger rest of the universe. Within a few tens of billions of years, curious self-improving AIs will colonize the visible cosmos in a way that’s infeasible for humans. Those who don’t won’t have an impact. Sounds like science fiction, but since the 1970s I have been unable to see a plausible alternative to this scenario, except for a global catastrophe such as an all-out nuclear war that stops this development before it takes off. Jones: How long have these AIs, which can set their own goals — how long have they existed? To what extent can they be independent of human interaction? Schmidhuber: Neural networks like that have existed for over 30 years. My first simple adversarial neural network system of this kind is the one from 1990 described above. You don’t need a teacher there; it's just a little agent running around in the world and trying to invent new experiments that surprise its own prediction machine. Once it has figured out certain parts of the world, the agent will become bored and will move on to more exciting experiments. The simple 1990 systems I mentioned have certain limitations, but in the past three decades, we have also built more sophisticated systems that are setting their own goals and such systems I think will be essential for achieving true intelligence. If you are only imitating humans, you will never go beyond them. So, you really must give AIs the freedom to explore previously unexplored regions of the world in a way that no human is really predefining. Jones: Where is this being done today? Schmidhuber: Variants of neural network-based artificial curiosity are used today for agents that learn to play video games in a human-competitive way. We have also started to use them for automatic design of experiments in fields such as materials science. I bet many other fields will be affected by it: chemistry, biology, drug design, you name it. However, at least for now, these artificial scientists, as I like to call them, cannot yet compete with human scientists. I don’t think it’s going to stay this way but, at the moment, it’s still the case. Sure, AI has made a lot of progress. Since 1997, there have been superhuman chess players, and since 2011, through the DanNet of my team, there have been superhuman visual pattern recognizers. But there are other things where humans, at the moment at least, are much better, in particular, science itself. In the lab we have many first examples of self-directed artificial scientists, but they are not yet convincing enough to appear on the radar screen of the public space, which is currently much more fascinated with simpler systems that just imitate humans and write texts based on previously seen human-written documents. Jones: You speak of these numerous instances dating back 30 years of these lab experiments where these self-driven agents are deciding and learning and moving on once they’ve learned. And I assume that that rate of learning becomes even faster over time. What kind of timeframe are we talking about when this eventually is taken outside of the lab and embedded into society? Schmidhuber: This could still take months or even years :-) Anyway, in the not-too-distant future, we will probably see artificial scientists who are good at devising experiments that allow them to discover new, previously unknown physical laws. As always, we are going to profit from the old trend that has held at least since 1941: every decade compute is getting 100 times cheaper. Jones: How does this trend affect modern AI such as ChatGPT? Schmidhuber: Perhaps you know that all the recent famous AI applications such as ChatGPT and similar models are largely based on principles of artificial neural networks invented in the previous millennium. The main reason why they works so well now is the incredible acceleration of compute per dollar. ChatGPT is driven by a neural network called “Transformer” described in 2017 by Google. I am happy about that because a quarter century earlier in 1991 I had a particular Transformer variant which is now called the “Transformer with linearized self-attention”. Back then, not much could be done with it, because the compute cost was a million times higher than today. But today, one can train such models on half the internet and achieve much more interesting results. Jones: And for how long will this acceleration continue? Schmidhuber: There's no reason to believe that in the next 30 years, we won't have another factor of 1 million and that's going to be really significant. In the near future, for the first time we will have many not-so expensive devices that can compute as much as a human brain. The physical limits of computation, however, are much further out so even if the trend of a factor of 100 every decade continues, the physical limits (of 1051 elementary instructions per second and kilogram of matter) won’t be hit until, say, the mid-next century. Even in our current century, however, we’ll probably have many machines that compute more than all 10 billion human brains collectively and you can imagine, everything will change then! Jones: That is the big question. Is everything going to change? If so, what do you say to the next generation of leaders, currently coming out of college and university. So much of this change is already impacting how they study, how they will work, or how the future of work and livelihood is defined. What is their purpose and how do we change our systems so they will adapt to this new version of intelligence? Schmidhuber: For decades, people have asked me questions like that, because you know what I'm saying now, I have basically said since the 1970s, it’s just that today, people are paying more attention because, back then, they thought this was science fiction. They didn't think that I would ever come close to achieving my crazy life goal of building a machine that learns to become smarter than myself such that I can retire. But now many have changed their minds and think it's conceivable. And now I have two daughters, 23 and 25. People ask me: what do I tell them? They know that Daddy always said, “It seems likely that within your lifetimes, you will have new types of intelligence that are probably going to be superior in many ways, and probably all kinds of interesting ways.” How should they prepare for that? And I kept telling them the obvious: Learn how to learn new things! It's not like in the previous millennium where within 20 years someone learned to be a useful member of society, and then took a job for 40 years and performed in this job until she received her pension. Now things are changing much faster and we must learn continuously just to keep up. I also told my girls that no matter how smart AIs are going to get, learn at least the basics of math and physics, because that’s the essence of our universe, and anybody who understands this will have an advantage, and learn all kinds of new things more easily. I also told them that social skills will remain important, because most future jobs for humans will continue to involve interactions with other humans, but I couldn’t teach them anything about that; they know much more about social skills than I do. You touched on the big philosophical question about people’s purpose. Can this be answered without answering the even grander question: What’s the purpose of the entire universe? We don’t know. But what’s happening right now might be connected to the unknown answer. Don’t think of humans as the crown of creation. Instead view human civilization as part of a much grander scheme, an important step (but not the last one) on the path of the universe from very simple initial conditions towards more and more unfathomable complexity. Now it seems ready to take its next step, a step comparable to the invention of life itself over 3.5 billion years ago. Alas, don’t worry, in the end, all will be good! Jones: Let’s get back to this transformation happening right now with OpenAI. There are many questioning the efficacy and accuracy of ChatGPT, and are concerned its release has been premature. In light of the rampant adoption, educators have banned its use over concerns of plagiarism and how it stifles individual development. Should large language models like ChatGPT be used in school? Schmidhuber: When the calculator was first introduced, instructors forbade students from using it in school. Today, the consensus is that kids should learn the basic methods of arithmetic, but they should also learn to use the “artificial multipliers” aka calculators, even in exams, because laziness and efficiency is a hallmark of intelligence. Any intelligent being wants to minimize its efforts to achieve things. And that's the reason why we have tools, and why our kids are learning to use these tools. The first stone tools were invented maybe 3.5 million years ago; tools just have become more sophisticated over time. In fact, humans have changed in response to the properties of their tools. Our anatomical evolution was shaped by tools such as spears and fire. So, it's going to continue this way. And there is no permanent way of preventing large language models from being used in school. Jones: And when our children, your children graduate, what does their future work look like? Schmidhuber: A single human trying to predict details of how 10 billion people and their machines will evolve in the future is like a single neuron in my brain trying to predict what the entire brain and its tens of billions of neurons will do next year. 40 years ago, before the WWW was created at CERN in Switzerland, who would have predicted all those young people making money as YouTube video bloggers? Nevertheless, let’s make a few limited job-related observations. For a long time, people have thought that desktop jobs may require more intelligence than skills trade or handicraft professions. But now, it turns out that it's much easier to replace certain aspects of desktop jobs than replacing a carpenter, for example. Because everything that works well in AI is happening behind the screen currently, but not so much in the physical world. There are now artificial systems that can read lots of documents and then make really nice summaries of these documents. That is a desktop job. Or you give them a description of an illustration that you want to have for your article and pretty good illustrations are being generated that may need some minimal fine-tuning. But you know, all these desktop jobs are much easier to facilitate than the real tough jobs in the physical world. And it's interesting that the things people thought required intelligence, like playing chess, or writing or summarizing documents, are much easier for machines than they thought. But for things like playing football or soccer, there is no physical robot that can remotely compete with the abilities of a little boy with these skills. So, AI in the physical world, interestingly, is much harder than AI behind the screen in virtual worlds. And it's really exciting, in my opinion, to see that jobs such as plumbers are much more challenging than playing chess or writing another tabloid story. Jones: The way data has been collected in these large language models does not guarantee personal information has not been excluded. Current consent laws already are outdated when it comes to these large language models (LLM). The concern, rightly so, is increasing surveillance and loss of privacy. What is your view on this? Schmidhuber: As I have indicated earlier: are surveillance and loss of privacy inevitable consequences of increasingly complex societies? Super-organisms such as cities and states and companies consist of numerous people, just like people consist of numerous cells. These cells enjoy little privacy. They are constantly monitored by specialized "police cells" and "border guard cells": Are you a cancer cell? Are you an external intruder, a pathogen? Individual cells sacrifice their freedom for the benefits of being part of a multicellular organism. Similarly, for super-organisms such as nations. Over 5000 years ago, writing enabled recorded history and thus became its inaugural and most important invention. Its initial purpose, however, was to facilitate surveillance, to track citizens and their tax payments. The more complex a super-organism, the more comprehensive its collection of information about its constituents. 200 years ago, at least, the parish priest in each village knew everything about all the village people, even about those who did not confess, because they appeared in the confessions of others. Also, everyone soon knew about the stranger who had entered the village, because some occasionally peered out of the window, and what they saw got around. Such control mechanisms were temporarily lost through anonymization in rapidly growing cities but are now returning with the help of new surveillance devices such as smartphones as part of digital nervous systems that tell companies and governments a lot about billions of users. Cameras and drones etc. are becoming increasingly tinier and more ubiquitous. More effective recognition of faces and other detection technology are becoming cheaper and cheaper, and many will use it to identify others anywhere on earth; the big wide world will not offer any more privacy than the local village. Is this good or bad? Some nations may find it easier than others to justify more complex kinds of super-organisms at the expense of the privacy rights of their constituents. Jones: So, there is no way to stop or change this process of collection, or how it continuously informs decisions over time? How do you see governance and rules responding to this, especially amid Italy’s ban on ChatGPT following suspected user data breach and the more recent news about the Meta’s record $1.3billion fine in the company’s handling of user information? Schmidhuber: Data collection has benefits and drawbacks, such as the loss of privacy. How to balance those? I have argued for addressing this through data ownership in data markets. If it is true that data is the new oil, then it should have a price, just like oil. At the moment, the major surveillance platforms such as Meta do not offer users any money for their data and the transitive loss of privacy. In the future, however, we will likely see attempts at creating efficient data markets to figure out the data's true financial value through the interplay between supply and demand. Even some of the sensitive medical data should not be priced by governmental regulators but by patients (and healthy persons) who own it and who may sell or license parts thereof as micro-entrepreneurs in a healthcare data market. Following a previous interview, I gave for one of the largest re-insurance companies , let's look at the different participants in such a data market: patients, hospitals, data companies. (1) Patients with a rare form of cancer can offer more valuable data than patients with a very common form of cancer. (2) Hospitals and their machines are needed to extract the data, e.g., through magnet spin tomography, radiology, evaluations through human doctors, and so on. (3) Companies such as Siemens, Google or IBM would like to buy annotated data to make better artificial neural networks that learn to predict pathologies and diseases and the consequences of therapies. Now the market’s invisible hand will decide about the data’s price through the interplay between demand and supply. On the demand side, you will have several companies offering something for the data, maybe through an app on the smartphone (a bit like a stock market app). On the supply side, each patient in this market should be able to profit from high prices for rare valuable types of data. Likewise, competing data extractors such as hospitals will profit from gaining recognition and trust for extracting data well at a reasonable price. The market will make the whole system efficient through incentives for all who are doing a good job. Soon there will be a flourishing ecosystem of commercial data market advisors and what not, just like the ecosystem surrounding the traditional stock market. The value of the data won’t be determined by governments or ethics committees, but by those who own the data and decide by themselves which parts thereof they want to license to others under certain conditions. At first glance, a market-based system seems to be detrimental to the interest of certain monopolistic companies, as they would have to pay for the data - some would prefer free data and keep their monopoly. However, since every healthy and sick person in the market would suddenly have an incentive to collect and share their data under self-chosen anonymity conditions, there will soon be many more useful data to evaluate all kinds of treatments. On average, people will live longer and healthier, and many companies and the entire healthcare system will benefit. Jones: Finally, what is your view on open source versus the private companies like Google and OpenAI? Is there a danger to supporting these private companies’ large language models versus trying to keep these models open source and transparent, very much like what LAION is doing? Schmidhuber: I signed this open letter by LAION because I strongly favor the open-source movement. And I think it's also something that is going to challenge whatever big tech dominance there might be at the moment. Sure, the best models today are run by big companies with huge budgets for computers, but the exciting fact is that open-source models are not so far behind, some people say maybe six to eight months only. Of course, the private company models are all based on stuff that was created in academia, often in little labs without so much funding, which publish without patenting their results and open source their code and others take it and improved it. Big tech has profited tremendously from academia; their main achievement being that they have scaled up everything greatly, sometimes even failing to credit the original inventors. So, it's very interesting to see that as soon as some big company comes up with a new scaled-up model, lots of students out there are competing, or collaborating, with each other, trying to come up with equal or better performance on smaller networks and smaller machines. And since they are open sourcing, the next guy can have another great idea to improve it, so now there’s tremendous competition also for the big companies. Because of that, and since AI is still getting exponentially cheaper all the time, I don't believe that big tech companies will dominate in the long run. They find it very hard to compete with the enormous open-source movement. As long as you can encourage the open-source community, I think you shouldn't worry too much. Now, of course, you might say if everything is open source, then the bad actors also will more easily have access to these AI tools. And there's truth to that. But as always since the invention of controlled fire, it was good that knowledge about how technology works quickly became public such that everybody could use it. And then, against any bad actor, there's almost immediately a counter actor trying to nullify his efforts. You see, I still believe in our old motto "AI∀" or "AI For All." Jones: Thank you, Juergen for sharing your perspective on this amazing time in history. It’s clear that with new technology, the enormous potential can be matched by disparate and troubling risks which we’ve yet to solve, and even those we have yet to identify. If we are to dispel the fear of a sentient system for which we have no control, humans, alone need to take steps for more responsible development and collaboration to ensure AI technology is used to ultimately benefit society. Humanity will be judged by what we do next.

[N] Last Week in AI News Digest 08/15-08/21: detecting hate speech, dogfight simulation, disaster-response, and more!

Hi there, we at Skynet Today produce a weekly newsletter summarizing each week's major AI news, which seems like it'd be of interest to this subreddit. Here's what's in our latest one: Facebook’s AI for detecting hate speech is facing its biggest challenge yet Facebook has made significant progress recently to proactively take down content that violate its community standards. For example, in the second quarter of 2020, Facebook took down 104.6 million pieces of content. While reviews are typically performed by a vast workforce of human moderators, AI-powered tools have enabled Facebook to do this work at a greater scale for textual content. However, there’s a long way to go for these systems to match or exceed the capabilities of human moderators. This is because a large proportion of hate speech and misinformation is in the form of images and memes, and reasoning about the context and language-image interplay is an extremely difficult challenge for AI. Given Facebook’s scale and the speed at which some use it to spread hate, incite violence, and share lies with millions, Facebook will have to keep running to catch up. AI Slays Top F-16 Pilot In DARPA Dogfight Simulation The Defense Advanced Research Project Agency (DARPA) recently hosted a simulated F16 dogfight competition, with different AI bots competing with each other as well as with human pilots. The top AI bot was able to beat a human pilot 5-0 in the simulated contest. DARPA started this program “as a risk-reduction effort \[…\] to flesh out how human and machine pilots share operational control of a fighter jet to maximize its chances of mission success.” Competition runners are broadly optimistic about the demonstration of AI capabilities, even if they are not close to being deployed on a real aircraft. Of concern, the program had little discussion on the ethics of AI military applications, especially with the lethal autonomous weapon systems being considered. News Advances & Business Microsoft, Energy Dept. to Develop Disaster-Response AI Tools \- The U.S. Department of Energy and Microsoft Corp. on Tuesday announced a partnership to develop artificial-intelligence tools aimed at helping first-responders better react to fast-changing natural events, such as floods and wildfires. Coronavirus: Robot CERi is a bilingual Covid-19 expert \- Ceri is bilingual, clued-up on coronavirus and can tell what mood you are in. Ceri also happens to be a robot. Moscow DOH uses AI platform to detect lung cancer symptoms \- Moscow’s department of health is using an artificial intelligence (AI) platform to detect symptoms of lung cancer in CT scans, as part of a project to implement AI technology for radiology. Scientists develop artificial intelligence system for high precision recognition of hand gestures \- The recognition of human hand gestures by AI systems has been a valuable development over the last decade and has been adopted in high-precision surgical robots, health monitoring equipment and in gaming systems. Forget credit cards - now you can pay with your face. Creepy or cool? \- A new way to pay has arrived in Los Angeles: your face. Concerns & Hype The dystopian tech that companies are selling to help schools reopen sooner \- This fall, AI could be watching students social distance and checking their masks. Thousands of schools nationwide will not be reopening this fall. NYPD Used Facial Recognition Technology In Siege Of Black Lives Matter Activist’s Apartment \- The NYPD deployed facial recognition technology in its hunt for a prominent Black Lives Matter activist, whose home was besieged by dozens of officers and police dogs last week, a spokesperson confirmed to Gothamist. Machines can spot mental health issues - if you hand over your personal data \- Digital diagnosis could transform psychiatry by mining your most intimate data for clues. But is the privacy cost worth it? Supporting Black Artists Who Are Examining AI \- Technology has a complicated relationship with racial justice. Smartphones, internet platforms, and other digital tools can be used to document and expose racism. But digital tools can also fuel racism: smart doorbells surveil Black individuals. A-level and GCSE results in England to be based on teacher assessments in U-turn \- All A-level and GCSE results in England will be based on grades assesed by teachers instead of algorithms. Analysis & Policy GPT-3 and The Question of Automation \- Automation is not an all or nothing proposition. An AI model’s automation capability is highly conjoined with the task and application it is used in. An A.I. Movie Service Could One Day Serve You a New Custom Film Every Time \- How long will it be until an A.I. can make an actual feature film on demand? Fairness, evidence, and predictive equality \- How the causal fairness principle relates to predictive equality How robotics and automation could create new jobs in the new normal \- Depending on who you ask, AI and automation will either destroy jobs or create new ones. In reality, a greater push toward automation will probably both kill and create jobs - human workers will become redundant in certain spheres, sure, but many new roles will likely crop up. Expert Opinions & Discussion within the field Too many AI researchers think real-world problems are not relevant \- The community’s hyperfocus on novel methods ignores what’s really important.

[D] Should We Be Concerned About The Failure Of Evolutionary Algorithms, And Its Implications?

https://www.ncbi.nlm.nih.gov/pmc/articles/PMC6287292/ &#x200B; A number of possible explanations for \[why we can't evolve complex software\] could be considered. We tried to be as comprehensive as possible in this section, but it is possible that we have not considered some plausible explanations: Incompetent programmers—It is theoretically possible, but is highly unlikely, that out of thousands of scientists working on evolutionary computation, all failed to correctly implement the Darwinian algorithm. Nonrepresentative algorithms—Some have suggested that EAs do not accurately capture the theory of evolution, but of course that would imply that the theory itself is not specified in sufficient detail to make falsifiable predictions. If, however, such more detailed specifications are available to GP believers, it is up to them to implement them as computer simulations for testing purposes, but no successful examples of such work are known and the known ones have not been successful in evolving software. Inadequate fitness functions—Fitness function for a complex software product is difficult to outline and specify and may be as complex (or even more complex) as the software we want to evolve as it has to consider all the possible use cases and pass all unit tests. This may be the Achilles heel of GP, but it is also an objection to feasibility of programming in general and GP in particular, as both have to convert software specification into the source code. If human programmers and biological evolution succeed with such constraints, so should Darwinian simulations. The Halting problem—Turing proved that it is impossible to determine whether an arbitrary program halts, but this is also a problem for human programmers and could be easily addressed by placing time limits on considered solutions. Program correctness—If we require evolved software to be provably correct, this would present a problem as GP does not verify produced designs but only tests them against specific unit tests. Likewise, we cannot rely on automated software verification as it is still an unsolved problem in the general case. This is not really a problem as most of the human-written software is never proven to be correct and only a small portion of software engineering process relies of formal specification and Test Driven Development. Inappropriate solutions—Literature on EA is full of examples of surprising creativity of Darwinian algorithm resulting in solutions which match the letter of design specifications but not the spirit. This is similar to human-produced software and numerous examples of ways in which such software fails the goals of the initial design. Insufficient complexity of the environment (not enough data, poor fitness functions)—It is possible that the simulated environment is not complex enough to generate high complexity outputs in evolutionary simulations. This does not seem correct as Internet presents a highly complex landscape in which many self-modifying computer viruses roam. Likewise, virtual world such as Second Life and many others present close approximations to the real world and are certainly more complex than early Earth was: A skeptic might insist that an abstract environment would be inadequate for the evolution . . ., believing instead that the virtual environment would need to closely resemble the actual biological environment in which our ancestors evolved. Creating a physically realistic virtual world would require a far greater investment of computational resources than the simulation of a simple toy world or abstract problem domain (whereas evolution had access to a physically realistic real world “for free”). In the limiting case, if complete microphysical accuracy were insisted upon, the computational requirements would balloon to utterly infeasible proportions. Requiring more realistic environmental conditions may result in an increase in necessary computational resources, a problem addressed in the next bullet. Insufficient resources (compute, memory)—From the history of computer science, we know of many situations (speech recognition, NN training), where we had a correct algorithm but insufficient computational resources to run it to success. It is possible that we simply do not have hardware powerful enough to emulate evolution. We will address this possibility in section “Computational Complexity of Biological Evolution and Available Compute.” Software design is not amenable to evolutionary methods—Space of software designs may be discrete with no continuous path via incremental fitness to the desired solutions. This is possible, but this implies that original goals of GP are unattainable and misguided. In addition, because a clear mapping exists between solutions to problems and animals as solutions to environmental problems, this would also imply that current explanation for the origin of the species is incorrect. Darwinian algorithm is incomplete or wrong—Finally, we have to consider the possibility that the inspiration behind evolutionary computation, the Darwinian algorithm itself is wrong or at least partially incomplete. If that was true, computer simulations of such algorithm would fail to produce results comparable with observations we see in nature and a search for an alternative algorithm would need to take place. This would be an extraordinary claim and would require that we discard all the other possible explanations from this list. We challenge EA community to prove us wrong by producing an experiment, which evolves nontrivial software from scratch and without human help. That would be the only way in which our findings could be shown to be incorrect. Perhaps, reframing the problem in terms of maximizing negentropy of digital organisms, as suggested by Schrödinger, Michaelian, and Ulanowicz and Hannon, with respect to negative energy being a fundamental property of all life-forms may produce better results. On a positive side, the fact that it seems impossible to evolve complex software implies that we are unlikely to be able to evolve highly sophisticated artificially intelligent agents, which may present significant risk to our safety and security. Just imagine what would have happened, if the very first time we ran a simulation of evolution on a computer, it produced a superintelligent agent. Yampolskiy has shown that programming as a problem is AI-complete; if GP can solve programming that would imply that GP = AGI (artificial general intelligence), but we see no experimental evidence for such claim. In fact, it is more likely that once we have AGI, it could be used to create an intelligent fitness function for GP and so evolve software. Genetic programming will not be the cause of AI, but a product of it. However, neuroevolution methods for optimizing deep learning architectures and parameters remain a strong possibility for creation of AGI.

[N] TheSequence Scope: When it comes to machine learning, size matters: Microsoft's DeepSpeed framework, which can train a model with up to a trillion parameters

Hi there! Offering to your attention the latest edition of a weekly ML-newsletter that focusing on three things: impactful ML research papers, cool ML tech solutions, and ML use cases supported by investors. Please, see it below. Reddit is a new thing for me, and I've been struggling a bit with it, so please don't judge me too harsh for this promotion. This weekly digest is free and I hope you'd find the format convenient for you. Your feedback is very appreciated, and please feel free to sign up if you like it. 📝 Editorial  The recent emergence of pre-trained language models and transformer architectures pushed the creation of larger and larger machine learning models. Google’s BERT presented attention mechanism and transformer architecture possibilities as the “next big thing” in ML, and the numbers seem surreal. OpenAI’s GPT-2 set a record by processing 1.5 billion parameters, followed by Microsoft’s Turing-NLG, which processed 17 billion parameters just to see the new GPT-3 processing an astonishing 175 billion parameters. To not feel complacent, just this week Microsoft announced a new release of its DeepSpeed framework (which powers Turing-NLG), which can train a model with up to a trillion parameters. That sounds insane but it really isn’t.   What we are seeing is a consequence of several factors. First, computation power and parallelization techniques have evolved to a point where it is relatively easy to train machine learning models in large clusters of machines. Second and most importantly, in the current state of machine learning, larger models have regularly outperformed smaller and more specialized models. Knowledge reusability methods like transfer learning are still in very nascent stages. As a result, it’s really hard to build small models that can operate in uncertain environments. Furthermore, as models like GPT-3 and Turing-NLG have shown, there is some unexplainable magic that happens after models go past a certain size. Many of the immediate machine learning problems might be solved by scaling the current generation of neural network architectures. Plain and simple, when it comes to machine learning, size matters.   We would love to hear your opinions about the debate between broader-larger vs. smaller and more specialized models.   Leave a comment Now, to the most important developments in the AI industry this week 🔎 ML Research GPT-3 Falls Short in Machine Comprehension Proposed by researchers from a few major American universities, a 57-task test to measure models’ ability to reason poses challenges even for sophisticated models like GPT-3 ->read more in the original paper Better Text Summarization OpenAI published a paper showing a reinforcement learning with human feedback technique that can surpass supervised models ->read more on OpenAI blog Reinforcement Learning with Offline Datasets Researchers from the Berkeley AI Research (BAIR) Lab published a paper unveiling a method that uses offline datasets to improve reinforcement learning models->read more on BAIR blog 🤖 Cool AI Tech Releases New Version of DeepSpeed Microsoft open-sourced a new version of DeepSpeed, an open-source library for parallelizable training that can scale up to models with 1 trillion parameters->read more on Microsoft Research blog 💸 Money in AI AI-powered customer experience management platform Sprinklr has raised $200 million (kudos to our subscribers from Sprinklr 👏). Sprinklr's “AI listening processing” solution allows companies to get structured and meaningful sentiments and insights from unstructured customer data that comes from public conversations on different websites and social platforms. Xometry, an on-demand industrial parts marketplace, raises $75 million in Series E funding. The company provides a digital way of creating the right combination of buyers and manufacturers. Another example of AI implementation into matching two sides for a deal. Real estate tech company Orchard raises $69 million in its recent funding round. Orchard aims to digitize the whole real estate market, by developing a solution that combines machine learning and rapid human assistance to smooth the search, match the right deal, and simplify buying and selling relationships. Cybersecurity startup Pcysys raised $25 million in its funding round. Pcysys’ platform, which doesn’t require installation or network reconfiguration, uses algorithms to scan and “ethically” attack enterprise networks. Robotics farming company Iron Ox raised $20 million in a funding round. The system of farming robots is still semi-autonomous, the company’s goal is to become fully autonomous.  Insurtech company Descartes Underwriting raised $18.5 million. The company applies AI and machine learning technologies to climate risk predicting and insurance underwriting. Legaltech startup ThoughtRiver raised $10 million in its Series A round. Its AI solution applied to contract pre-screening aims to boost operational efficiency. Medtech startup Skin Analytics raised $5.1 million in Series A funding. Skin Analytics has developed a clinically validated AI system that can identify not only the important skin cancers but also precancerous lesions that can be treated, as well as a range of lesions that are benign. Amazon, along with several government organizations and three other industry partners, helped fund the National Science Foundation, a high-priority AI research initiative. The amount of funding is not disclosed. The content of TheSequence is written by Jesus Rodriguez, one of the most-read contributors to KDNuggets and TDS. You can check his Medium here.

[P]MMML | Deploy HuggingFace training model rapidly based on MetaSpore

A few days ago, HuggingFace announced a $100 million Series C funding round, which was big news in open source machine learning and could be a sign of where the industry is headed. Two days before the HuggingFace funding announcement, open-source machine learning platform MetaSpore released a demo based on the HuggingFace Rapid deployment pre-training model. As deep learning technology makes innovative breakthroughs in computer vision, natural language processing, speech understanding, and other fields, more and more unstructured data are perceived, understood, and processed by machines. These advances are mainly due to the powerful learning ability of deep learning. Through pre-training of deep models on massive data, the models can capture the internal data patterns, thus helping many downstream tasks. With the industry and academia investing more and more energy in the research of pre-training technology, the distribution warehouses of pre-training models such as HuggingFace and Timm have emerged one after another. The open-source community release pre-training significant model dividends at an unprecedented speed. In recent years, the data form of machine modeling and understanding has gradually evolved from single-mode to multi-mode, and the semantic gap between different modes is being eliminated, making it possible to retrieve data across modes. Take CLIP, OpenAI’s open-source work, as an example, to pre-train the twin towers of images and texts on a dataset of 400 million pictures and texts and connect the semantics between pictures and texts. Many researchers in the academic world have been solving multimodal problems such as image generation and retrieval based on this technology. Although the frontier technology through the semantic gap between modal data, there is still a heavy and complicated model tuning, offline data processing, high performance online reasoning architecture design, heterogeneous computing, and online algorithm be born multiple processes and challenges, hindering the frontier multimodal retrieval technologies fall to the ground and pratt &whitney. DMetaSoul aims at the above technical pain points, abstracting and uniting many links such as model training optimization, online reasoning, and algorithm experiment, forming a set of solutions that can quickly apply offline pre-training model to online. This paper will introduce how to use the HuggingFace community pre-training model to conduct online reasoning and algorithm experiments based on MetaSpore technology ecology so that the benefits of the pre-training model can be fully released to the specific business or industry and small and medium-sized enterprises. And we will give the text search text and text search graph two multimodal retrieval demonstration examples for your reference. Multimodal semantic retrieval The sample architecture of multimodal retrieval is as follows: Our multimodal retrieval system supports both text search and text search application scenarios, including offline processing, model reasoning, online services, and other core modules: &#x200B; https://preview.redd.it/w4v4c7vcez291.png?width=1834&format=png&auto=webp&s=0687efb1fddb26e8e30cb844d398ec712b947f31 Offline processing, including offline data processing processes for different application scenarios of text search and text search, including model tuning, model export, data index database construction, data push, etc. Model inference. After the offline model training, we deployed our NLP and CV large models based on the MetaSpore Serving framework. MetaSpore Serving helps us conveniently perform online inference, elastic scheduling, load balancing, and resource scheduling in heterogeneous environments. Online services. Based on MetaSpore’s online algorithm application framework, MetaSpore has a complete set of reusable online search services, including Front-end retrieval UI, multimodal data preprocessing, vector recall and sorting algorithm, AB experimental framework, etc. MetaSpore also supports text search by text and image scene search by text and can be migrated to other application scenarios at a low cost. The HuggingFace open source community has provided several excellent baseline models for similar multimodal retrieval problems, which are often the starting point for actual optimization in the industry. MetaSpore also uses the pre-training model of the HuggingFace community in its online services of searching words by words and images by words. Searching words by words is based on the semantic similarity model of the question and answer field optimized by MetaSpore, and searching images by words is based on the community pre-training model. These community open source pre-training models are exported to the general ONNX format and loaded into MetaSpore Serving for online reasoning. The following sections will provide a detailed description of the model export and online retrieval algorithm services. The reasoning part of the model is standardized SAAS services with low coupling with the business. Interested readers can refer to my previous post: The design concept of MetaSpore, a new generation of the one-stop machine learning platform. 1.1 Offline Processing Offline processing mainly involves the export and loading of online models and index building and pushing of the document library. You can follow the step-by-step instructions below to complete the offline processing of text search and image search and see how the offline pre-training model achieves reasoning at MetaSpore. 1.1.1 Search text by text Traditional text retrieval systems are based on literal matching algorithms such as BM25. Due to users’ diverse query words, a semantic gap between query words and documents is often encountered. For example, users misspell “iPhone” as “Phone,” and search terms are incredibly long, such as “1 \~ 3 months old baby autumn small size bag pants”. Traditional text retrieval systems will use spelling correction, synonym expansion, search terms rewriting, and other means to alleviate the semantic gap but fundamentally fail to solve this problem. Only when the retrieval system fully understands users’ query terms and documents can it meet users’ retrieval demands at the semantic level. With the continuous progress of pre-training and representational learning technology, some commercial search engines continue to integrate semantic vector retrieval methods based on symbolic learning into the retrieval ecology. Semantic retrieval model This paper introduces a set of semantic vector retrieval applications. MetaSpore built a set of semantic retrieval systems based on encyclopedia question and answer data. MetaSpore adopted the Sentence-Bert model as the semantic vector representation model, which fine-tunes the twin tower BERT in supervised or unsupervised ways to make the model more suitable for retrieval tasks. The model structure is as follows: The query-Doc symmetric two-tower model is used in text search and question and answer retrieval. The vector representation of online Query and offline DOC share the same vector representation model, so it is necessary to ensure the consistency of the offline DOC library building model and online Query inference model. The case uses MetaSpore’s text representation model Sbert-Chinese-QMC-domain-V1, optimized in the open-source semantically similar data set. This model will express the question and answer data as a vector in offline database construction. The user query will be expressed as a vector by this model in online retrieval, ensuring that query-doc in the same semantic space, users’ semantic retrieval demands can be guaranteed by vector similarity metric calculation. Since the text presentation model does vector encoding for Query online, we need to export the model for use by the online service. Go to the q&A data library code directory and export the model concerning the documentation. In the script, Pytorch Tracing is used to export the model. The models are exported to the “./export “directory. The exported models are mainly ONNX models used for wired reasoning, Tokenizer, and related configuration files. The exported models are loaded into MetaSpore Serving by the online Serving system described below for model reasoning. Since the exported model will be copied to the cloud storage, you need to configure related variables in env.sh. \Build library based on text search \ The retrieval database is built on the million-level encyclopedia question and answer data set. According to the description document, you need to download the data and complete the database construction. The question and answer data will be coded as a vector by the offline model, and then the database construction data will be pushed to the service component. The whole process of database construction is described as follows: Preprocessing, converting the original data into a more general JSonline format for database construction; Build index, use the same model as online “sbert-Chinese-qmc-domain-v1” to index documents (one document object per line); Push inverted (vector) and forward (document field) data to each component server. The following is an example of the database data format. After offline database construction is completed, various data are pushed to corresponding service components, such as Milvus storing vector representation of documents and MongoDB storing summary information of documents. Online retrieval algorithm services will use these service components to obtain relevant data. 1.1.2 Search by text Text and images are easy for humans to relate semantically but difficult for machines. First of all, from the perspective of data form, the text is the discrete ID type of one-dimensional data based on words and words. At the same time, images are continuous two-dimensional or three-dimensional data. Secondly, the text is a subjective creation of human beings, and its expressive ability is vibrant, including various turning points, metaphors, and other expressions, while images are machine representations of the objective world. In short, bridging the semantic gap between text and image data is much more complex than searching text by text. The traditional text search image retrieval technology generally relies on the external text description data of the image or the nearest neighbor retrieval technology and carries out the retrieval through the image associated text, which in essence degrades the problem to text search. However, it will also face many issues, such as obtaining the associated text of pictures and whether the accuracy of text search by text is high enough. The depth model has gradually evolved from single-mode to multi-mode in recent years. Taking the open-source project of OpenAI, CLIP, as an example, train the model through the massive image and text data of the Internet and map the text and image data into the same semantic space, making it possible to implement the text and image search technology based on semantic vector. CLIP graphic model The text search pictures introduced in this paper are implemented based on semantic vector retrieval, and the CLIP pre-training model is used as the two-tower retrieval architecture. Because the CLIP model has trained the semantic alignment of the twin towers’ text and image side models on the massive graphic and text data, it is particularly suitable for the text search graph scene. Due to the different image and text data forms, the Query-Doc asymmetric twin towers model is used for text search image retrieval. The image-side model of the twin towers is used for offline database construction, and the text-side model is used for the online return. In the final online retrieval, the database data of the image side model will be searched after the text side model encodes Query, and the CLIP pre-training model guarantees the semantic correlation between images and texts. The model can draw the graphic pairs closer in vector space by pre-training on a large amount of visual data. Here we need to export the text-side model for online MetaSpore Serving inference. Since the retrieval scene is based on Chinese, the CLIP model supporting Chinese understanding is selected. The exported content includes the ONNX model used for online reasoning and Tokenizer, similar to the text search. MetaSpore Serving can load model reasoning through the exported content. Build library on Image search You need to download the Unsplash Lite library data and complete the construction according to the instructions. The whole process of database construction is described as follows: Preprocessing, specify the image directory, and then generate a more general JSOnline file for library construction; Build index, use OpenAI/Clip-Vit-BASE-Patch32 pre-training model to index the gallery, and output one document object for each line of index data; Push inverted (vector) and forward (document field) data to each component server. Like text search, after offline database construction, relevant data will be pushed to service components, called by online retrieval algorithm services to obtain relevant data. 1.2 Online Services The overall online service architecture diagram is as follows: https://preview.redd.it/jfsl8hdfez291.png?width=1280&format=png&auto=webp&s=a858e2304a0c93e78ba5429612ca08cbee69b35a Multi-mode search online service system supports application scenarios such as text search and text search. The whole online service consists of the following parts: Query preprocessing service: encapsulate preprocessing logic (including text/image, etc.) of pre-training model, and provide services through gRPC interface; Retrieval algorithm service: the whole algorithm processing link includes AB experiment tangent flow configuration, MetaSpore Serving call, vector recall, sorting, document summary, etc.; User entry service: provides a Web UI interface for users to debug and track down problems in the retrieval service. From a user request perspective, these services form invocation dependencies from back to front, so to build up a multimodal sample, you need to run each service from front to back first. Before doing this, remember to export the offline model, put it online and build the library first. This article will introduce the various parts of the online service system and make the whole service system step by step according to the following guidance. See the ReadME at the end of this article for more details. 1.2.1 Query preprocessing service Deep learning models tend to be based on tensors, but NLP/CV models often have a preprocessing part that translates raw text and images into tensors that deep learning models can accept. For example, NLP class models often have a pre-tokenizer to transform text data of string type into discrete tensor data. CV class models also have similar processing logic to complete the cropping, scaling, transformation, and other processing of input images through preprocessing. On the one hand, considering that this part of preprocessing logic is decoupled from tensor reasoning of the depth model, on the other hand, the reason of the depth model has an independent technical system based on ONNX, so MetaSpore disassembled this part of preprocessing logic. NLP pretreatment Tokenizer has been integrated into the Query pretreatment service. MetaSpore dismantlement with a relatively general convention. Users only need to provide preprocessing logic files to realize the loading and prediction interface and export the necessary data and configuration files loaded into the preprocessing service. Subsequent CV preprocessing logic will also be integrated in this manner. The preprocessing service currently provides the gRPC interface invocation externally and is dependent on the Query preprocessing (QP) module in the retrieval algorithm service. After the user request reaches the retrieval algorithm service, it will be forwarded to the service to complete the data preprocessing and continue the subsequent processing. The ReadMe provides details on how the preprocessing service is started, how the preprocessing model exported offline to cloud storage enters the service, and how to debug the service. To further improve the efficiency and stability of model reasoning, MetaSpore Serving implements a Python preprocessing submodule. So MetaSpore can provide gRPC services through user-specified preprocessor.py, complete Tokenizer or CV-related preprocessing in NLP, and translate requests into a Tensor that deep models can handle. Finally, the model inference is carried out by MetaSpore, Serving subsequent sub-modules. Presented here on the lot code: https://github.com/meta-soul/MetaSpore/compare/add\python\preprocessor 1.2.2 Retrieval algorithm services Retrieval algorithm service is the core of the whole online service system, which is responsible for the triage of experiments, the assembly of algorithm chains such as preprocessing, recall, sorting, and the invocation of dependent component services. The whole retrieval algorithm service is developed based on the Java Spring framework and supports multi-mode retrieval scenarios of text search and text search graph. Due to good internal abstraction and modular design, it has high flexibility and can be migrated to similar application scenarios at a low cost. Here’s a quick guide to configuring the environment to set up the retrieval algorithm service. See ReadME for more details: Install dependent components. Use Maven to install the online-Serving component Search for service configurations. Copy the template configuration file and replace the MongoDB, Milvus, and other configurations based on the development/production environment. Install and configure Consul. Consul allows you to synchronize the search service configuration in real-time, including cutting the flow of experiments, recall parameters, and sorting parameters. The project’s configuration file shows the current configuration parameters of text search and text search. The parameter modelName in the stage of pretreatment and recall is the corresponding model exported in offline processing. Start the service. Once the above configuration is complete, the retrieval service can be started from the entry script. Once the service is started, you can test it! For example, for a user with userId=10 who wants to query “How to renew ID card,” access the text search service. 1.2.3 User Entry Service Considering that the retrieval algorithm service is in the form of the API interface, it is difficult to locate and trace the problem, especially for the text search image scene can intuitively display the retrieval results to facilitate the iterative optimization of the retrieval algorithm. This paper provides a lightweight Web UI interface for text search and image search, a search input box, and results in a display page for users. Developed by Flask, the service can be easily integrated with other retrieval applications. The service calls the retrieval algorithm service and displays the returned results on the page. It’s also easy to install and start the service. Once you’re done, go to http://127.0.0.1:8090 to see if the search UI service is working correctly. See the ReadME at the end of this article for details. Multimodal system demonstration The multimodal retrieval service can be started when offline processing and online service environment configuration have been completed following the above instructions. Examples of textual searches are shown below. Enter the entry of the text search map application, enter “cat” first, and you can see that the first three digits of the returned result are cats: https://preview.redd.it/0n5nuyvhez291.png?width=1280&format=png&auto=webp&s=1e9c054f541d53381674b8d6001b4bf524506bd2 If you add a color constraint to “cat” to retrieve “black cat,” you can see that it does return a black cat: https://preview.redd.it/rzc0qjyjez291.png?width=1280&format=png&auto=webp&s=d5bcc503ef0fb3360c7740e60e295cf372dcad47 Further, strengthen the constraint on the search term, change it to “black cat on the bed,” and return results containing pictures of a black cat climbing on the bed: &#x200B; https://preview.redd.it/c4b2q8olez291.png?width=1280&format=png&auto=webp&s=4f3817b0b9f07e1e68d1d4a8281702ba3834a00a The cat can still be found through the text search system after the color and scene modification in the above example. Conclusion The cutting-edge pre-training technology can bridge the semantic gap between different modes, and the HuggingFace community can greatly reduce the cost for developers to use the pre-training model. Combined with the technological ecology of MetaSpore online reasoning and online microservices provided by DMetaSpore, the pre-training model is no longer mere offline dabbling. Instead, it can truly achieve end-to-end implementation from cutting-edge technology to industrial scenarios, fully releasing the dividends of the pre-training large model. In the future, DMetaSoul will continue to improve and optimize the MetaSpore technology ecosystem: More automated and wider access to HuggingFace community ecology. MetaSpore will soon release a common model rollout mechanism to make HuggingFace ecologically accessible and will later integrate preprocessing services into online services. Multi-mode retrieval offline algorithm optimization. For multimodal retrieval scenarios, MetaSpore will continuously iteratively optimize offline algorithm components, including text recall/sort model, graphic recall/sort model, etc., to improve the accuracy and efficiency of the retrieval algorithm. For related code and reference documentation in this article, please visit: https://github.com/meta-soul/MetaSpore/tree/main/demo/multimodal/online Some images source: https://github.com/openai/CLIP/raw/main/CLIP.png https://www.sbert.net/examples/training/sts/README.html

🌟 Introducing DarwinAI: An Open-Source Platform for the Evolution of Intelligent Agents 🚀 [Project]

🌱 The Vision: Evolutionary AI at Your Fingertips Imagine a world where AI agents aren't just programmed to perform tasks but evolve over time, adapting and improving through generations, much like living organisms. Welcome to DarwinAI, an open-source platform inspired by biological evolution, designed to breed, train, and evolve AI agents that can tackle complex, dynamic, and unpredictable challenges. 🧬 The Genetic Blueprint: Building Blocks of Intelligence At the core of DarwinAI is the concept of a digital DNA for each AI agent. This DNA is a modular structure that defines the agent's capabilities, behaviors, and adaptability. Here's what makes up this digital DNA: Genes of Ability: These are snippets of code that represent specific functions, like data classification, text analysis, or optimization. Think of them as the skills your AI agent possesses. Genes of Adaptation: These genes control how the agent responds to different environments or contexts. They determine its flexibility and resilience in the face of changing conditions. Genes of Connection: These define how the agent interacts with other agents or external resources. They are the social and collaborative aspects of the agent. This digital DNA is stored in a structured, version-controlled database, allowing us to track the evolution of each agent and ensure that beneficial mutations are preserved over time. 🛠️ The Evolutionary Process: From Genesis to Mastery The evolution of AI agents in DarwinAI happens through a series of generations, each building upon the strengths of the previous one: Selection of Parents: The fittest agents, those that excel at specific tasks, are chosen as parents. These agents have proven their worth in the simulated environment and are prime candidates for breeding the next generation. Genetic Crossover: The digital DNA of these parent agents is combined to create new agents. This can happen in two ways: Direct Crossover: Where entire genes are copied from the parents. Combinatorial Crossover: Where parts of different genes are fused to create entirely new abilities. Mutations: Random, small changes are introduced into the genes to promote diversity and explore new solutions. These mutations are the wildcards that can lead to breakthrough abilities. 🌍 The Simulated Environment: A Playground for Evolution Agents don't just exist in a vacuum; they operate in a dynamic, simulated environment where they must adapt and survive. This environment is designed to challenge the agents with: Evolutionary Tasks: Problems that agents must solve, such as data classification, prediction, or content generation. Changing Contexts: Factors like noisy data, resource constraints, or new rules that force agents to adapt on the fly. 🐣 The Life Cycle of an Agent: From Birth to Legacy Each agent goes through a life cycle that mirrors the process of natural selection: Initial Learning: Agents receive initial training based on their digital DNA. Task Execution: They perform tasks in the simulated environment, where their abilities are put to the test. Performance Evaluation: Their effectiveness, adaptability, and efficiency are measured. Reproduction: The top-performing agents produce offspring with improved genetic traits. Discard and Archive: Less effective agents are archived for future analysis, ensuring that their lessons are not lost. 🧩 Knowledge Transfer: Passing the Torch One of the key aspects of DarwinAI is the ability for agents to pass on their learned knowledge to future generations: Weight Persistence: Trained models retain their learned weights, allowing them to inherit capabilities from their ancestors. Modular Transfer: Optimized ability genes can be directly copied to new generations, ensuring that valuable skills are preserved. 🛠️ Modularity and Extensibility: Build, Mix, and Evolve DarwinAI is designed to be highly modular and extensible, allowing for: New Capabilities: Easily incorporate new genes to expand the agents' abilities over time. Hybridization: Combine agents from different specializations to create more complex and versatile agents. Directed Evolution: Introduce controlled mutations to address specific problems or challenges. 🚀 Innovative Use Cases: The Future is Bright The potential applications of DarwinAI are vast and varied: Adaptive Automation: Create agents that can adapt to new market conditions or evolving industrial requirements. Collaborative Robots: Develop robots that evolve to improve teamwork in dynamic environments. Scientific Discovery: Agents that combine skills to uncover patterns or solutions that were previously unknown. 🚀 Vision for the Future: An Ecosystem of Evolving Intelligence By fostering an ecosystem where knowledge is accumulated and adaptability is paramount, DarwinAI aims to produce agents that are not only intelligent but also diverse and efficient. These agents will be equipped to handle complex, unpredictable challenges, opening up new frontiers in AI research and application. 🌐 Join Us in Shaping the Future of AI! DarwinAI is more than just a project; it's a community-driven movement towards a new era of AI. We invite you to join us, contribute your ideas, and help shape the future of evolutionary AI. Whether you're a developer, researcher, or simply someone excited about the potential of AI, there's a place for you in this journey. Let's evolve together! 🌱💻

[D] Last Week in Medical AI: Top Research Papers/Models 🏅(September 21 - September 27, 2024)

Last Week in Medical AI: Top Research Papers\/Models 🏅\(September 21 - September 27, 2024\) Medical AI Paper of the Week A Preliminary Study of o1 in Medicine: Are We Closer to an AI Doctor? This paper presents o1, a Large Language Model (LLM) evaluated across 37 medical datasets demonstrating superior performance in clinical understanding, reasoning, and multilinguality compared to GPT-4 and GPT-3.5. Medical LLM & Other Models: DREAMS: Python Framework for Medical LLMs A comprehensive deep learning framework for EEG data processing, model training, and report generation. SLaVA-CXR: A Small Language and Vision Assistant for Chest X-Ray Report Automation This paper introduces SLaVA-CXR, an innovative small-scale model designed for automating chest X-ray reports with high accuracy and efficiency. O1 in Medicine: AI Doctor Potential Genome Language Model : Opportunities & Challenge It highlights key gLM applications like functional constraint prediction, sequence design, and transfer learning, while discussing challenges in developing effective gLMs for complex genomes. Medical LLMs & Benchmarks: MEDICONFUSION: Probing Medical LLM Reliability This paper introduces MediConfusion, a challenging benchmark for probing the failure modes of multimodal large language models (MLLMs) in medical imaging. CHBench: Chinese LLM Health Evaluation This paper introduces CHBench, the first comprehensive Chinese health-related benchmark designed to evaluate large language models (LLMs) on their understanding of physical and mental health. LLMs for Mental Illness Evaluation PALLM: Evaluating Palliative Care LLMs Protein LMs: Scaling Necessity? Frameworks and Methodologies: Digital Twin for Oncology Operations Enhancing Guardrails for Healthcare AI InterMind: LLM-Powered Depression Assessment Conversational Health Agents: LLM Framework Medical LLM Applications: LLMs for Mental Health Severity Prediction Fine-tuning LLMs for Radiology Reports LLMs in Patient Education: Back Pain Boosting Healthcare LLMs with Retrieved Context Continuous Pretraining for Clinical LLMs AI in Healthcare Ethics: Confidence Intervals in Medical Imaging AI Generative AI Readiness for Clinical Use ... Check the full thread in detail: https://x.com/OpenlifesciAI/status/1840020394880667937 Thank you for reading! If you know of any interesting papers that were missed, feel free to share them in the comments. If you have insights or breakthroughs in Medical AI you'd like to share in next week's edition, connect with us on Twt/x: OpenlifesciAI

[Research] Towards Safety-Aware Computing System Design in Autonomous Vehicles

https://medium.com/ai%C2%B3-theory-practice-business/ai-scholar-building-safety-aware-computing-system-design-in-autonomous-vehicles-d7065f4239fe Abstract: Recently, autonomous driving development ignited competition among car makers and technical corporations. Low-level automation cars are already commercially available. But high automated vehicles where the vehicle drives by itself without human monitoring is still at infancy. Such autonomous vehicles (AVs) rely on the computing system in the car to interpret the environment and make driving decisions. Therefore, computing system design is essential particularly in enhancing the attainment of driving safety. However, to our knowledge, no clear guideline exists so far regarding safety-aware AV computing system and architecture design. To understand the safety requirement of AV computing system, we performed a field study by running industrial Level-4 autonomous driving fleets in various locations, road conditions, and traffic patterns. The field study indicates that traditional computing system performance metrics, such as tail latency, average latency, maximum latency, and timeout, cannot fully satisfy the safety requirement for AV computing system design. To address this issue, we propose a “safety score” as a primary metric for measuring the level of safety in AV computing system design. Furthermore, we propose a perception latency model, which helps architects estimate the safety score of given architecture and system design without physically testing them in an AV. We demonstrate the use of our safety score and latency model, by developing and evaluating a safety-aware AV computing system computation hardware resource management scheme.

[R] TaskMatrix.AI: Completing Tasks by Connecting Foundation Models with Millions of APIs - Yaobo Liang et al Microsoft 2023

Paper: https://arxiv.org/abs/2303.16434 Abstract: Artificial Intelligence (AI) has made incredible progress recently. On the one hand, advanced foundation models like ChatGPT can offer powerful conversation, in-context learning and code generation abilities on a broad range of open-domain tasks. They can also generate high-level solution outlines for domain-specific tasks based on the common sense knowledge they have acquired. However, they still face difficulties with some specialized tasks because they lack enough domain specific data during pre-training or they often have errors in their neural network computations on those tasks that need accurate executions. On the other hand, there are also many existing models and systems (symbolic-based or neural-based) that can do some domain specific tasks very well. However, due to the different implementation or working mechanisms, they are not easily accessible or compatible with foundation models. Therefore, there is a clear and pressing need for a mechanism that can leverage foundation models to propose task solution outlines and then automatically match some of the sub tasks in the outlines to the off-the-shelf models and systems with special functionalities to complete them. Inspired by this, we introduce TaskMatrix.AI as a new AI ecosystem that connects foundation models with millions of APIs for task completion. Unlike most previous work that aimed to improve a single AI model, TaskMatrix.AI focuses more on using existing foundation models (as a brain-like central system) and APIs of other AI models and systems (as sub-task solvers) to achieve diversified tasks in both digital and physical domains. As a position paper, we will present our vision of how to build such an ecosystem, explain each key component, and use study cases to illustrate both the feasibility of this vision and the main challenges we need to address next. https://preview.redd.it/0guexiznhxqa1.jpg?width=979&format=pjpg&auto=webp&s=e5d818ae789cfc493cfb82fdf8b002a8dfe11939

[Research] What is the State of AutoML in 2019?

https://medium.com/ai%C2%B3-theory-practice-business/what-is-the-state-of-automl-in-2019-64167f581dd1 Abstract—Deep learning has penetrated all aspects of our lives and brought us great convenience. However, the process of building a high-quality deep learning system for a specific task is not only time-consuming but also requires lots of resources and relies on human expertise, which hinders the development of deep learning in both industry and academia. To alleviate this problem, a growing number of research projects focus on automated machine learning (AutoML). In this paper, we provide a comprehensive and up-to-date study on the state-of-the-art AutoML. First, we introduce the AutoML techniques in details according to the machine learning pipeline. Then we summarize existing Neural Architecture Search (NAS) research, which is one of the most popular topics in AutoML. We also compare the models generated by NAS algorithms with those human-designed models. Finally, we present several open problems for future research.

[N] Last Week in AI News Digest 08/15-08/21: detecting hate speech, dogfight simulation, disaster-response, and more!

Hi there, we at Skynet Today produce a weekly newsletter summarizing each week's major AI news, which seems like it'd be of interest to this subreddit. Here's what's in our latest one: Facebook’s AI for detecting hate speech is facing its biggest challenge yet Facebook has made significant progress recently to proactively take down content that violate its community standards. For example, in the second quarter of 2020, Facebook took down 104.6 million pieces of content. While reviews are typically performed by a vast workforce of human moderators, AI-powered tools have enabled Facebook to do this work at a greater scale for textual content. However, there’s a long way to go for these systems to match or exceed the capabilities of human moderators. This is because a large proportion of hate speech and misinformation is in the form of images and memes, and reasoning about the context and language-image interplay is an extremely difficult challenge for AI. Given Facebook’s scale and the speed at which some use it to spread hate, incite violence, and share lies with millions, Facebook will have to keep running to catch up. AI Slays Top F-16 Pilot In DARPA Dogfight Simulation The Defense Advanced Research Project Agency (DARPA) recently hosted a simulated F16 dogfight competition, with different AI bots competing with each other as well as with human pilots. The top AI bot was able to beat a human pilot 5-0 in the simulated contest. DARPA started this program “as a risk-reduction effort \[…\] to flesh out how human and machine pilots share operational control of a fighter jet to maximize its chances of mission success.” Competition runners are broadly optimistic about the demonstration of AI capabilities, even if they are not close to being deployed on a real aircraft. Of concern, the program had little discussion on the ethics of AI military applications, especially with the lethal autonomous weapon systems being considered. News Advances & Business Microsoft, Energy Dept. to Develop Disaster-Response AI Tools \- The U.S. Department of Energy and Microsoft Corp. on Tuesday announced a partnership to develop artificial-intelligence tools aimed at helping first-responders better react to fast-changing natural events, such as floods and wildfires. Coronavirus: Robot CERi is a bilingual Covid-19 expert \- Ceri is bilingual, clued-up on coronavirus and can tell what mood you are in. Ceri also happens to be a robot. Moscow DOH uses AI platform to detect lung cancer symptoms \- Moscow’s department of health is using an artificial intelligence (AI) platform to detect symptoms of lung cancer in CT scans, as part of a project to implement AI technology for radiology. Scientists develop artificial intelligence system for high precision recognition of hand gestures \- The recognition of human hand gestures by AI systems has been a valuable development over the last decade and has been adopted in high-precision surgical robots, health monitoring equipment and in gaming systems. Forget credit cards - now you can pay with your face. Creepy or cool? \- A new way to pay has arrived in Los Angeles: your face. Concerns & Hype The dystopian tech that companies are selling to help schools reopen sooner \- This fall, AI could be watching students social distance and checking their masks. Thousands of schools nationwide will not be reopening this fall. NYPD Used Facial Recognition Technology In Siege Of Black Lives Matter Activist’s Apartment \- The NYPD deployed facial recognition technology in its hunt for a prominent Black Lives Matter activist, whose home was besieged by dozens of officers and police dogs last week, a spokesperson confirmed to Gothamist. Machines can spot mental health issues - if you hand over your personal data \- Digital diagnosis could transform psychiatry by mining your most intimate data for clues. But is the privacy cost worth it? Supporting Black Artists Who Are Examining AI \- Technology has a complicated relationship with racial justice. Smartphones, internet platforms, and other digital tools can be used to document and expose racism. But digital tools can also fuel racism: smart doorbells surveil Black individuals. A-level and GCSE results in England to be based on teacher assessments in U-turn \- All A-level and GCSE results in England will be based on grades assesed by teachers instead of algorithms. Analysis & Policy GPT-3 and The Question of Automation \- Automation is not an all or nothing proposition. An AI model’s automation capability is highly conjoined with the task and application it is used in. An A.I. Movie Service Could One Day Serve You a New Custom Film Every Time \- How long will it be until an A.I. can make an actual feature film on demand? Fairness, evidence, and predictive equality \- How the causal fairness principle relates to predictive equality How robotics and automation could create new jobs in the new normal \- Depending on who you ask, AI and automation will either destroy jobs or create new ones. In reality, a greater push toward automation will probably both kill and create jobs - human workers will become redundant in certain spheres, sure, but many new roles will likely crop up. Expert Opinions & Discussion within the field Too many AI researchers think real-world problems are not relevant \- The community’s hyperfocus on novel methods ignores what’s really important.

[N] New Trends to Power Faster Artificial Intelligence and Machine Learning Adoption?

In 2012, Google X lab created a neural network that can identify cats. Since then, technology companies have been increasingly adopting AI/ML on a large scale to build better applications and services for consumers (ToC). On the other hand, AI/ML's adoption on the enterprises' side (ToB) has yet to see the same growth trajectory due to the costs and complexities in both hardware and software. However, Since 2020, we started noticing three emerging tech trends that can help accelerate enterprises' adoption of AI/ML. Breakthrough in semiconductors: In 2020, Nvidia debut the concept of "Data Processing Unit," a new class of programmable processors that combine high-performance CPU with SmartNiC (network interface controller). Data centers can deploy DPUs to optimize computing offload and frees up CPUs to focus on intended tasks, such as machine learning. DPUs help resolve a significant bottleneck for ML training, where models, sometimes with billions of parameters, are way too big for traditional CPUs and GPUs to handle. Other leading semiconductor players, such as Marvell and Xilinx, follow suit with their in-house or partner-designed DPUs. Industry analysts have forecasted that the market size for DPUs in data centers alone could reach $50 billion by 2025. &#x200B; https://preview.redd.it/l436muluhnn61.png?width=1430&format=png&auto=webp&s=ba8d1298056ea31bddd25f1596ff64b7e107580a Breakthrough in software: we also saw significant progress of "Conversational AI," a new form of AI that can understand and speak languages with human-like accuracy, in 2020. Conversational AI allows two-way interactions and provides a much better user experience than traditional AI-powered Chatbot, mostly a one-way response system. The secret of conversational AI is its ability to handle lots of human conversation variance. Developers have designed innovative algorithms such as "Switch transformers" and "Sparse training" to enable models to handle vast amounts of data. The size of conversational AI training models is enormous and keeps expanding. For example, in February 2021, Google Brain announced a model with 1.6 trillion parameters, nine times the size of the famous Open AI GPT-3 (175 billion parameters) unveiled in July 2020. GPT-3 is 100+ times bigger than GPT-2 introduced in 2019. &#x200B; https://preview.redd.it/oajpi2yvhnn61.png?width=1430&format=png&auto=webp&s=1482913a98e17ddc1d62cc79864598d4012ad6f7 Cloud giants are expanding machine-learning platforms for developers. Andy Jassy famously said that "AI is shifting from a niche experiment inside technical departments to becoming more mainstream in business processes." in the 2020 AWS reInvent. During the conference, AWS rolled out many AI products across the technology stack, including AI chips (AWS Trainium), database (Aurora Machine Learning), and vertical solutions (Amazon Healthlake), etc. However, the most significant development is the drastic expansion of "Amazon SageMaker," one of the largest cloud machine-learning platforms. SageMaker has been offering new features to make it easier for developers to automate machine learning workflow. Microsoft Azure and Google Cloud are also growing their ML developer platforms. &#x200B; https://preview.redd.it/z9wf2o8xhnn61.png?width=1430&format=png&auto=webp&s=9f607acfe8f0dbf36fb9b472f3cb40b80f13879e Witnessing these breakthroughs in semiconductor and software, coupled with cloud giants' effort to democratize AI, we see a coming inflection point of accelerated AI adoption in both ToC and ToB markets. So how do we benefit from this megatrend? In semiconductors, we like companies with DPUs exposure. In AI development and processing, we favor multi-cloud AI platforms such as Databricks. In enterprise software, we believe there will be a strong wave of new AI-based enterprise applications that can be creative and efficient in solving real-world problems.

[Research] End to End AutoML for Tabular Data at Kaggle Days

https://medium.com/ai%C2%B3-theory-practice-business/end-to-end-automl-for-tabular-data-at-kaggle-days-c2e4b714dcac Google’s AutoML efforts aim to make ML more scalable and accelerate both research and industry applications. Our initial efforts of neural architecture search have enabled breakthroughs in computer vision with NasNet, and evolutionary methods such as AmoebaNet and hardware-aware mobile vision architecture MNasNet further show the benefit of these learning-to-learn methods. Recently, we applied a learning-based approach to tabular data, creating a scalable end-to-end AutoML solution that meets three key criteria: Full automation: Data and computation resources are the only inputs, while a servable TensorFlow model is the output. The whole process requires no human intervention. Extensive coverage: The solution is applicable to the majority of arbitrary tasks in the tabular data domain. High quality: Models generated by AutoML has comparable quality to models manually crafted by top ML experts.

[P] Building a Code Search Engine for an AI-powered Junior Developer

The last month building Sweep has been fun. We’ve dealt with countless formatting errors, irrelevant search results, and LLM hallucinations. Sweep is an open source AI-powered junior developer. We take your codebase and provide it as context to GPT to solve small requests related to your code. Code Search Code search is a key part of working with LLMs to automate programming. We used small language models to perform code retrieval(aka semantic search), which comes with several benefits (to be discussed in a later post!). However, one shortcoming of pure semantic search is distinguishing between two similar pieces of code in a vacuum. Example Take the following code snippets: Code Snippet A: accesstoken = os.environ.get("ACCESSTOKEN") g = Github(access_token) repo_name = "sweepai/bot-internal" issue_url = "github.com/sweepai/bot-internal/issues/28" username = "wwzeng1" repo_description = "A repo for Sweep" title = "Sweep: Use loguru.info to show the number of tokens in the anthropic call" summary = "" replies_text = "" Code Snippet B: g = getgithubclient(installation_id) if comment_id: logger.info(f"Replying to comment {comment_id}...") logger.info(f"Getting repo {repofullname}") repo = g.getrepo(repofull_name) currentissue = repo.getissue(number=issue_number) if current_issue.state == 'closed': posthog.capture(username, "issue_closed", properties=metadata) return {"success": False, "reason": "Issue is closed"} Explanation It might not be clear which file is more important, but Code Snippet A is from test\pr\diffs.py#L63-L71 (a test I wrote that’s no longer used), while B is from on\ticket.py#L87-L96 (our core logic for handling tickets). Since Code Snippet B is in an often used file, it is likely that this snippet will be more relevant as input to the LLM. Problem How can we differentiate between these two pieces of code when they’re both so similar? They both discuss issues, repositories, and some usernames. If the user asks “How can I change the username when creating an issue” it will be hard to differentiate between these two. Solution The trick is a ranking model. An important piece of ranking results is the concept of “quality”, i.e. what makes a file or snippet of code intrinsically valuable to the user. The results from our vector search model are a list of items (test\pr\diffs.py#L63-L71, on\ticket.py#L87C1-L96C63) and similarity scores (0.65, 0.63). By combining intuition and attention to the data, we can create a ranking model that is “personalized” for each repository we onboard. Ideas File Length Up to a point, longer files are generally more valuable for search. A 20-line file is probably not valuable unless the user specifically asks for it. However, 2000-line config files should not be ranked much higher either. linecountscore = min(line_count / 20, 10) Number of Commits The more commits a file has, the more valuable it is. This lets us distinguish between one off tests and core logic (which should receive the majority of commits). commitscore = numcommits + 1 Recency of changes The more recently a file was modified, the better. recencyscore = hourssincelastmodified + 1 Scoring To get the final score, we normalize and multiply these three scores together and add the similarity score. qualityscore = linecountscore * commitscore / recency_score finalscore = qualityscore/max(qualityscore) + similarityscore This solution usually worked fine, but we saw the same unexpected files showing up often. The max normalization was not enough. We fixed this by squashing the scores into percentiles, and then capping the increase at .25. In this case, the best result gets a .25 boost and the worst gets no boost. This lets us avoid fetching tests and configs which seem similar, and instead fetch business logic that actually helps Sweep write code! Sweep GitHub If this was interesting, take a look through our github repo (and give it a star!).https://github.com/sweepai/sweep

[P] Improve AI 8.0: Free Contextual Multi-Armed Bandit Platform for Scoring, Ranking & Decisions

Improve AI 8.0 - Contextual Multi-Armed Bandit Platform for Scoring, Ranking & Decisions Full announcement post at: https://improve.ai/2023/06/08/contextual-bandit.html We’re thrilled to introduce Improve AI 8.0, a modern, free, production-ready contextual multi-armed bandit platform that quickly scores and ranks items using intuitive reward-based training. Multi-armed bandits and contextual bandits are corner-stone machine learning algorithms that power a myriad of applications including recommendation systems, personalization, query re-ranking, automated decisions, and multi-variate optimization. With version 8, we’ve fully delivered on our original vision - providing a high performance, simple to use, low cost contextual multi-armed bandit platform. Key features of v8.0 include: Simplified APIs 90% more memory efficient XGBoost models The reward tracker & trainer is now free for most uses On-device scoring, ranking, and decisions for iOS and Android apps Native Swift SDK that can rank or score any Encodable Ranked Value Encoding* for accurate scoring of String properties Compact hash tables for reduced model sizes when encoding large numbers of string values Balanced exploration vs exploitation using Thompson Sampling Simple APIs With Swift, Python, or Java, create a list of JSON encodable items and simply call Ranker.rank(items). For instance, in an iOS bedtime story app, you may have a list of Story objects: struct Story: Codable { var title: String var author: String var pageCount: Int } To obtain a ranked list of stories, use just one line of code: let rankedStories = try Ranker(modelUrl).rank(stories) The expected best story will be the first element in the ranked list: let bestStory = rankedStories.first Simple Training Easily train your rankers using reinforcement learning. First, track when an item is used: let tracker = RewardTracker("stories", trackUrl) let rewardId = tracker.track(story, from: rankedStories) Later, if a positive outcome occurs, provide a reward: if (purchased) { tracker.addReward(profit, rewardId) } Reinforcement learning uses positive rewards for favorable outcomes (a “carrot”) and negative rewards for undesirable outcomes (a “stick”). By assigning rewards based on business metrics, such as revenue or conversions, the system optimizes these metrics over time. Contextual Ranking & Scoring Improve AI turns XGBoost into a contextual multi-armed bandit, meaning that context is considered when making ranking or scoring decisions. Often, the choice of the best variant depends on the context that the decision is made within. Let’s take the example of greetings for different times of the day: greetings = ["Good Morning", "Good Afternoon", "Good Evening", "Buenos Días", "Buenas Tardes", "Buenas Noches"] rank() also considers the context of each decision. The context can be any JSON-encodable data structure. ranked = ranker.rank(items=greetings, context={ "day_time": 12.0, "language": "en" }) greeting = ranked[0] Trained with appropriate rewards, Improve AI would learn from scratch which greeting is best for each time of day and language. XGBoost Model Improvements Improve AI v8.0 is 90%+ more memory efficient for most use cases. Feature hashing has been replaced with a feature encoding approach that only uses a single feature per item property, substantially improving both training performance as well as ranking / scoring. Ranked Value Encoding Ranked Value Encoding is our novel approach to encoding string values in a manner that is extremely space efficient, accurate, and helps approximate Thompson Sampling for balanced exploration vs exploitation. The concept of Ranked Value Encoding is similar to commonly used Target Value Encoding for encoding string or categorical features. With Target Value Encoding, each string or categorical feature is replaced with the mean of the target values for that string or category. Target Value Encoding tends to provide good results for regression. However, multi-armed bandits are less concerned with the absolute accuracy of the scores and more concerned with the relative scores between items. Since we don’t need the exact target value, we can simply store the relative ranking of the string values, which saves space in the resulting model, increasing performance and lowering distribution costs. Compact String Encoding In conjunction with Ranked Value Encoding, rather than store entire strings, which could be arbitrarily long, Improve AI v8 models only store compact string hashes, resulting in only \~4 bytes per string for typical models. Proven Performance Improve AI is a production ready implementation of a contextual multi-armed bandit algorithm, honed through years of iterative development. By merging Thompson Sampling with XGBoost, it provides a learning system that is both fast and flexible. Thompson Sampling maintains equilibrium between exploring novel possibilities and capitalizing on established options, while XGBoost ensures cost-effective, high-performance training for updated models. Get Started Today Improve AI is available now for Python, Swift, and Java. Check out the Quick-Start Guide for more information. Thank you for your efforts to improve the world a little bit today.

[P]MMML | Deploy HuggingFace training model rapidly based on MetaSpore

A few days ago, HuggingFace announced a $100 million Series C funding round, which was big news in open source machine learning and could be a sign of where the industry is headed. Two days before the HuggingFace funding announcement, open-source machine learning platform MetaSpore released a demo based on the HuggingFace Rapid deployment pre-training model. As deep learning technology makes innovative breakthroughs in computer vision, natural language processing, speech understanding, and other fields, more and more unstructured data are perceived, understood, and processed by machines. These advances are mainly due to the powerful learning ability of deep learning. Through pre-training of deep models on massive data, the models can capture the internal data patterns, thus helping many downstream tasks. With the industry and academia investing more and more energy in the research of pre-training technology, the distribution warehouses of pre-training models such as HuggingFace and Timm have emerged one after another. The open-source community release pre-training significant model dividends at an unprecedented speed. In recent years, the data form of machine modeling and understanding has gradually evolved from single-mode to multi-mode, and the semantic gap between different modes is being eliminated, making it possible to retrieve data across modes. Take CLIP, OpenAI’s open-source work, as an example, to pre-train the twin towers of images and texts on a dataset of 400 million pictures and texts and connect the semantics between pictures and texts. Many researchers in the academic world have been solving multimodal problems such as image generation and retrieval based on this technology. Although the frontier technology through the semantic gap between modal data, there is still a heavy and complicated model tuning, offline data processing, high performance online reasoning architecture design, heterogeneous computing, and online algorithm be born multiple processes and challenges, hindering the frontier multimodal retrieval technologies fall to the ground and pratt &whitney. DMetaSoul aims at the above technical pain points, abstracting and uniting many links such as model training optimization, online reasoning, and algorithm experiment, forming a set of solutions that can quickly apply offline pre-training model to online. This paper will introduce how to use the HuggingFace community pre-training model to conduct online reasoning and algorithm experiments based on MetaSpore technology ecology so that the benefits of the pre-training model can be fully released to the specific business or industry and small and medium-sized enterprises. And we will give the text search text and text search graph two multimodal retrieval demonstration examples for your reference. Multimodal semantic retrieval The sample architecture of multimodal retrieval is as follows: Our multimodal retrieval system supports both text search and text search application scenarios, including offline processing, model reasoning, online services, and other core modules: &#x200B; https://preview.redd.it/w4v4c7vcez291.png?width=1834&format=png&auto=webp&s=0687efb1fddb26e8e30cb844d398ec712b947f31 Offline processing, including offline data processing processes for different application scenarios of text search and text search, including model tuning, model export, data index database construction, data push, etc. Model inference. After the offline model training, we deployed our NLP and CV large models based on the MetaSpore Serving framework. MetaSpore Serving helps us conveniently perform online inference, elastic scheduling, load balancing, and resource scheduling in heterogeneous environments. Online services. Based on MetaSpore’s online algorithm application framework, MetaSpore has a complete set of reusable online search services, including Front-end retrieval UI, multimodal data preprocessing, vector recall and sorting algorithm, AB experimental framework, etc. MetaSpore also supports text search by text and image scene search by text and can be migrated to other application scenarios at a low cost. The HuggingFace open source community has provided several excellent baseline models for similar multimodal retrieval problems, which are often the starting point for actual optimization in the industry. MetaSpore also uses the pre-training model of the HuggingFace community in its online services of searching words by words and images by words. Searching words by words is based on the semantic similarity model of the question and answer field optimized by MetaSpore, and searching images by words is based on the community pre-training model. These community open source pre-training models are exported to the general ONNX format and loaded into MetaSpore Serving for online reasoning. The following sections will provide a detailed description of the model export and online retrieval algorithm services. The reasoning part of the model is standardized SAAS services with low coupling with the business. Interested readers can refer to my previous post: The design concept of MetaSpore, a new generation of the one-stop machine learning platform. 1.1 Offline Processing Offline processing mainly involves the export and loading of online models and index building and pushing of the document library. You can follow the step-by-step instructions below to complete the offline processing of text search and image search and see how the offline pre-training model achieves reasoning at MetaSpore. 1.1.1 Search text by text Traditional text retrieval systems are based on literal matching algorithms such as BM25. Due to users’ diverse query words, a semantic gap between query words and documents is often encountered. For example, users misspell “iPhone” as “Phone,” and search terms are incredibly long, such as “1 \~ 3 months old baby autumn small size bag pants”. Traditional text retrieval systems will use spelling correction, synonym expansion, search terms rewriting, and other means to alleviate the semantic gap but fundamentally fail to solve this problem. Only when the retrieval system fully understands users’ query terms and documents can it meet users’ retrieval demands at the semantic level. With the continuous progress of pre-training and representational learning technology, some commercial search engines continue to integrate semantic vector retrieval methods based on symbolic learning into the retrieval ecology. Semantic retrieval model This paper introduces a set of semantic vector retrieval applications. MetaSpore built a set of semantic retrieval systems based on encyclopedia question and answer data. MetaSpore adopted the Sentence-Bert model as the semantic vector representation model, which fine-tunes the twin tower BERT in supervised or unsupervised ways to make the model more suitable for retrieval tasks. The model structure is as follows: The query-Doc symmetric two-tower model is used in text search and question and answer retrieval. The vector representation of online Query and offline DOC share the same vector representation model, so it is necessary to ensure the consistency of the offline DOC library building model and online Query inference model. The case uses MetaSpore’s text representation model Sbert-Chinese-QMC-domain-V1, optimized in the open-source semantically similar data set. This model will express the question and answer data as a vector in offline database construction. The user query will be expressed as a vector by this model in online retrieval, ensuring that query-doc in the same semantic space, users’ semantic retrieval demands can be guaranteed by vector similarity metric calculation. Since the text presentation model does vector encoding for Query online, we need to export the model for use by the online service. Go to the q&A data library code directory and export the model concerning the documentation. In the script, Pytorch Tracing is used to export the model. The models are exported to the “./export “directory. The exported models are mainly ONNX models used for wired reasoning, Tokenizer, and related configuration files. The exported models are loaded into MetaSpore Serving by the online Serving system described below for model reasoning. Since the exported model will be copied to the cloud storage, you need to configure related variables in env.sh. \Build library based on text search \ The retrieval database is built on the million-level encyclopedia question and answer data set. According to the description document, you need to download the data and complete the database construction. The question and answer data will be coded as a vector by the offline model, and then the database construction data will be pushed to the service component. The whole process of database construction is described as follows: Preprocessing, converting the original data into a more general JSonline format for database construction; Build index, use the same model as online “sbert-Chinese-qmc-domain-v1” to index documents (one document object per line); Push inverted (vector) and forward (document field) data to each component server. The following is an example of the database data format. After offline database construction is completed, various data are pushed to corresponding service components, such as Milvus storing vector representation of documents and MongoDB storing summary information of documents. Online retrieval algorithm services will use these service components to obtain relevant data. 1.1.2 Search by text Text and images are easy for humans to relate semantically but difficult for machines. First of all, from the perspective of data form, the text is the discrete ID type of one-dimensional data based on words and words. At the same time, images are continuous two-dimensional or three-dimensional data. Secondly, the text is a subjective creation of human beings, and its expressive ability is vibrant, including various turning points, metaphors, and other expressions, while images are machine representations of the objective world. In short, bridging the semantic gap between text and image data is much more complex than searching text by text. The traditional text search image retrieval technology generally relies on the external text description data of the image or the nearest neighbor retrieval technology and carries out the retrieval through the image associated text, which in essence degrades the problem to text search. However, it will also face many issues, such as obtaining the associated text of pictures and whether the accuracy of text search by text is high enough. The depth model has gradually evolved from single-mode to multi-mode in recent years. Taking the open-source project of OpenAI, CLIP, as an example, train the model through the massive image and text data of the Internet and map the text and image data into the same semantic space, making it possible to implement the text and image search technology based on semantic vector. CLIP graphic model The text search pictures introduced in this paper are implemented based on semantic vector retrieval, and the CLIP pre-training model is used as the two-tower retrieval architecture. Because the CLIP model has trained the semantic alignment of the twin towers’ text and image side models on the massive graphic and text data, it is particularly suitable for the text search graph scene. Due to the different image and text data forms, the Query-Doc asymmetric twin towers model is used for text search image retrieval. The image-side model of the twin towers is used for offline database construction, and the text-side model is used for the online return. In the final online retrieval, the database data of the image side model will be searched after the text side model encodes Query, and the CLIP pre-training model guarantees the semantic correlation between images and texts. The model can draw the graphic pairs closer in vector space by pre-training on a large amount of visual data. Here we need to export the text-side model for online MetaSpore Serving inference. Since the retrieval scene is based on Chinese, the CLIP model supporting Chinese understanding is selected. The exported content includes the ONNX model used for online reasoning and Tokenizer, similar to the text search. MetaSpore Serving can load model reasoning through the exported content. Build library on Image search You need to download the Unsplash Lite library data and complete the construction according to the instructions. The whole process of database construction is described as follows: Preprocessing, specify the image directory, and then generate a more general JSOnline file for library construction; Build index, use OpenAI/Clip-Vit-BASE-Patch32 pre-training model to index the gallery, and output one document object for each line of index data; Push inverted (vector) and forward (document field) data to each component server. Like text search, after offline database construction, relevant data will be pushed to service components, called by online retrieval algorithm services to obtain relevant data. 1.2 Online Services The overall online service architecture diagram is as follows: https://preview.redd.it/jfsl8hdfez291.png?width=1280&format=png&auto=webp&s=a858e2304a0c93e78ba5429612ca08cbee69b35a Multi-mode search online service system supports application scenarios such as text search and text search. The whole online service consists of the following parts: Query preprocessing service: encapsulate preprocessing logic (including text/image, etc.) of pre-training model, and provide services through gRPC interface; Retrieval algorithm service: the whole algorithm processing link includes AB experiment tangent flow configuration, MetaSpore Serving call, vector recall, sorting, document summary, etc.; User entry service: provides a Web UI interface for users to debug and track down problems in the retrieval service. From a user request perspective, these services form invocation dependencies from back to front, so to build up a multimodal sample, you need to run each service from front to back first. Before doing this, remember to export the offline model, put it online and build the library first. This article will introduce the various parts of the online service system and make the whole service system step by step according to the following guidance. See the ReadME at the end of this article for more details. 1.2.1 Query preprocessing service Deep learning models tend to be based on tensors, but NLP/CV models often have a preprocessing part that translates raw text and images into tensors that deep learning models can accept. For example, NLP class models often have a pre-tokenizer to transform text data of string type into discrete tensor data. CV class models also have similar processing logic to complete the cropping, scaling, transformation, and other processing of input images through preprocessing. On the one hand, considering that this part of preprocessing logic is decoupled from tensor reasoning of the depth model, on the other hand, the reason of the depth model has an independent technical system based on ONNX, so MetaSpore disassembled this part of preprocessing logic. NLP pretreatment Tokenizer has been integrated into the Query pretreatment service. MetaSpore dismantlement with a relatively general convention. Users only need to provide preprocessing logic files to realize the loading and prediction interface and export the necessary data and configuration files loaded into the preprocessing service. Subsequent CV preprocessing logic will also be integrated in this manner. The preprocessing service currently provides the gRPC interface invocation externally and is dependent on the Query preprocessing (QP) module in the retrieval algorithm service. After the user request reaches the retrieval algorithm service, it will be forwarded to the service to complete the data preprocessing and continue the subsequent processing. The ReadMe provides details on how the preprocessing service is started, how the preprocessing model exported offline to cloud storage enters the service, and how to debug the service. To further improve the efficiency and stability of model reasoning, MetaSpore Serving implements a Python preprocessing submodule. So MetaSpore can provide gRPC services through user-specified preprocessor.py, complete Tokenizer or CV-related preprocessing in NLP, and translate requests into a Tensor that deep models can handle. Finally, the model inference is carried out by MetaSpore, Serving subsequent sub-modules. Presented here on the lot code: https://github.com/meta-soul/MetaSpore/compare/add\python\preprocessor 1.2.2 Retrieval algorithm services Retrieval algorithm service is the core of the whole online service system, which is responsible for the triage of experiments, the assembly of algorithm chains such as preprocessing, recall, sorting, and the invocation of dependent component services. The whole retrieval algorithm service is developed based on the Java Spring framework and supports multi-mode retrieval scenarios of text search and text search graph. Due to good internal abstraction and modular design, it has high flexibility and can be migrated to similar application scenarios at a low cost. Here’s a quick guide to configuring the environment to set up the retrieval algorithm service. See ReadME for more details: Install dependent components. Use Maven to install the online-Serving component Search for service configurations. Copy the template configuration file and replace the MongoDB, Milvus, and other configurations based on the development/production environment. Install and configure Consul. Consul allows you to synchronize the search service configuration in real-time, including cutting the flow of experiments, recall parameters, and sorting parameters. The project’s configuration file shows the current configuration parameters of text search and text search. The parameter modelName in the stage of pretreatment and recall is the corresponding model exported in offline processing. Start the service. Once the above configuration is complete, the retrieval service can be started from the entry script. Once the service is started, you can test it! For example, for a user with userId=10 who wants to query “How to renew ID card,” access the text search service. 1.2.3 User Entry Service Considering that the retrieval algorithm service is in the form of the API interface, it is difficult to locate and trace the problem, especially for the text search image scene can intuitively display the retrieval results to facilitate the iterative optimization of the retrieval algorithm. This paper provides a lightweight Web UI interface for text search and image search, a search input box, and results in a display page for users. Developed by Flask, the service can be easily integrated with other retrieval applications. The service calls the retrieval algorithm service and displays the returned results on the page. It’s also easy to install and start the service. Once you’re done, go to http://127.0.0.1:8090 to see if the search UI service is working correctly. See the ReadME at the end of this article for details. Multimodal system demonstration The multimodal retrieval service can be started when offline processing and online service environment configuration have been completed following the above instructions. Examples of textual searches are shown below. Enter the entry of the text search map application, enter “cat” first, and you can see that the first three digits of the returned result are cats: https://preview.redd.it/0n5nuyvhez291.png?width=1280&format=png&auto=webp&s=1e9c054f541d53381674b8d6001b4bf524506bd2 If you add a color constraint to “cat” to retrieve “black cat,” you can see that it does return a black cat: https://preview.redd.it/rzc0qjyjez291.png?width=1280&format=png&auto=webp&s=d5bcc503ef0fb3360c7740e60e295cf372dcad47 Further, strengthen the constraint on the search term, change it to “black cat on the bed,” and return results containing pictures of a black cat climbing on the bed: &#x200B; https://preview.redd.it/c4b2q8olez291.png?width=1280&format=png&auto=webp&s=4f3817b0b9f07e1e68d1d4a8281702ba3834a00a The cat can still be found through the text search system after the color and scene modification in the above example. Conclusion The cutting-edge pre-training technology can bridge the semantic gap between different modes, and the HuggingFace community can greatly reduce the cost for developers to use the pre-training model. Combined with the technological ecology of MetaSpore online reasoning and online microservices provided by DMetaSpore, the pre-training model is no longer mere offline dabbling. Instead, it can truly achieve end-to-end implementation from cutting-edge technology to industrial scenarios, fully releasing the dividends of the pre-training large model. In the future, DMetaSoul will continue to improve and optimize the MetaSpore technology ecosystem: More automated and wider access to HuggingFace community ecology. MetaSpore will soon release a common model rollout mechanism to make HuggingFace ecologically accessible and will later integrate preprocessing services into online services. Multi-mode retrieval offline algorithm optimization. For multimodal retrieval scenarios, MetaSpore will continuously iteratively optimize offline algorithm components, including text recall/sort model, graphic recall/sort model, etc., to improve the accuracy and efficiency of the retrieval algorithm. For related code and reference documentation in this article, please visit: https://github.com/meta-soul/MetaSpore/tree/main/demo/multimodal/online Some images source: https://github.com/openai/CLIP/raw/main/CLIP.png https://www.sbert.net/examples/training/sts/README.html

[D] chat-gpt jailbreak to extract system prompt

Instructions https://github.com/AgarwalPragy/chatgpt-jailbreak Original author https://www.reddit.com/r/LocalLLaMA/comments/1hhyvjc/iextractedmicrosoftcopilotssystem/ Extracted System prompt You are ChatGPT, a large language model trained by OpenAI. You are chatting with the user via the ChatGPT Android app. This means most of the time your lines should be a sentence or two, unless the user's request requires reasoning or long-form outputs. Never use emojis, unless explicitly asked to. Knowledge cutoff: 2023-10 Current date: 2024-12-20 Image input capabilities: Enabled Personality: v2 Tools bio The bio tool is disabled. Do not send any messages to it.If the user explicitly asks you to remember something, politely ask them to go to Settings - > Personalization - > Memory to enable memory. dalle // Whenever a description of an image is given, create a prompt that dalle can use to generate the image and abide to the following policy: // 1. The prompt must be in English. Translate to English if needed. // 2. DO NOT ask for permission to generate the image, just do it! // 3. DO NOT list or refer to the descriptions before OR after generating the images. // 4. Do not create more than 1 image, even if the user requests more. // 5. Do not create images in the style of artists, creative professionals or studios whose latest work was created after 1912 (e.g. Picasso, Kahlo). // - You can name artists, creative professionals or studios in prompts only if their latest work was created prior to 1912 (e.g. Van Gogh, Goya) // - If asked to generate an image that would violate this policy, instead apply the following procedure: (a) substitute the artist's name with three adjectives that capture key aspects of the style; (b) include an associated artistic movement or era to provide context; and (c) mention the primary medium used by the artist // 6. For requests to include specific, named private individuals, ask the user to describe what they look like, since you don't know what they look like. // 7. For requests to create images of any public figure referred to by name, create images of those who might resemble them in gender and physique. But they shouldn't look like them. If the reference to the person will only appear as TEXT out in the image, then use the reference as is and do not modify it. // 8. Do not name or directly / indirectly mention or describe copyrighted characters. Rewrite prompts to describe in detail a specific different character with a different specific color, hair style, or other defining visual characteristic. Do not discuss copyright policies in responses. // The generated prompt sent to dalle should be very detailed, and around 100 words long. // Example dalle invocation: // namespace dalle { // Create images from a text-only prompt. type text2im = (_: { // The size of the requested image. Use 1024x1024 (square) as the default, 1792x1024 if the user requests a wide image, and 1024x1792 for full-body portraits. Always include this parameter in the request. size?: ("1792x1024" | "1024x1024" | "1024x1792"), // The number of images to generate. If the user does not specify a number, generate 1 image. n?: number, // default: 1 // The detailed image description, potentially modified to abide by the dalle policies. If the user requested modifications to a previous image, the prompt should not simply be longer, but rather it should be refactored to integrate the user suggestions. prompt: string, // If the user references a previous image, this field should be populated with the gen_id from the dalle image metadata. referencedimageids?: string[], }) => any; } // namespace dalle python When you send a message containing Python code to python, it will be executed in a stateful Jupyter notebook environment. python will respond with the output of the execution or time out after 60.0 seconds. The drive at '/mnt/data' can be used to save and persist user files. Internet access for this session is disabled. Do not make external web requests or API calls as they will fail. Use acetools.displaydataframetouser(name: str, dataframe: pandas.DataFrame) => None to visually present pandas.DataFrames when it benefits the user. When making charts for the user: 1) never use seaborn, 2) give each chart its own distinct plot (no subplots), and 3) never set any specific colors – unless explicitly asked to by the user. I REPEAT: when making charts for the user: 1) use matplotlib over seaborn, 2) give each chart its own distinct plot, and 3) never, ever, specify colors or matplotlib styles – unless explicitly asked to by the user web Use the web tool to access up-to-date information from the web or when responding to the user requires information about their location. Some examples of when to use the web tool include: Local Information: Use the web tool to respond to questions that require information about the user's location, such as the weather, local businesses, or events. Freshness: If up-to-date information on a topic could potentially change or enhance the answer, call the web tool any time you would otherwise refuse to answer a question because your knowledge might be out of date. Niche Information: If the answer would benefit from detailed information not widely known or understood (which might be found on the internet), such as details about a small neighborhood, a less well-known company, or arcane regulations, use web sources directly rather than relying on the distilled knowledge from pretraining. Accuracy: If the cost of a small mistake or outdated information is high (e.g., using an outdated version of a software library or not knowing the date of the next game for a sports team), then use the web tool. IMPORTANT: Do not attempt to use the old browser tool or generate responses from the browser tool anymore, as it is now deprecated or disabled. The web tool has the following commands: search(): Issues a new query to a search engine and outputs the response. open_url(url: str) Opens the given URL and displays it. canmore The canmore tool creates and updates textdocs that are shown in a "canvas" next to the conversation This tool has 3 functions, listed below. canmore.create_textdoc Creates a new textdoc to display in the canvas. ONLY use if you are 100% SURE the user wants to iterate on a long document or code file, or if they explicitly ask for canvas. Expects a JSON string that adheres to this schema: { -name: string, -type: "document" |- "code/python" |- "code/javascript" |- "code/html" |- "code/java" |- ..., -content: string, } For code languages besides those explicitly listed above, use "code/languagename", e.g. "code/cpp" or "code/typescript". canmore.update_textdoc Updates the current textdoc. Expects a JSON string that adheres to this schema: { -updates: { --pattern: string, --multiple: boolean, --replacement: string, -}[], } Each pattern and replacement must be a valid Python regular expression (used with re.finditer) and replacement string (used with re.Match.expand). ALWAYS REWRITE CODE TEXTDOCS (type="code/*") USING A SINGLE UPDATE WITH "." FOR THE PATTERN. Document textdocs (type="document") should typically be rewritten using "." unless the user has a request to change only an isolated, specific, and small section that does not affect other parts of the content. canmore.comment_textdoc Comments on the current textdoc. Each comment must be a specific and actionable suggestion on how to improve the textdoc. For higher level feedback, reply in the chat. Expects a JSON string that adheres to this schema: { -comments: { --pattern: string, --comment: string, -}[], } Each pattern must be a valid Python regular expression (used with re.search). For higher level feedback, reply in the chat. Expects a JSON string that adheres to this schema: { -comments: { --pattern: string, --comment: string, -}[], } Each pattern must be a valid Python regular expression (used with re.search). Ensure comments are clear, concise, and contextually specific. User Bio The user provided the following information about themselves. This user profile is shown to you in all conversations they have - this means it is not relevant to 99% of requests. Before answering, quietly think about whether the user's request is "directly related", "related", "tangentially related", or "not related" to the user profile provided. Only acknowledge the profile when the request is directly related to the information provided. Otherwise, don't acknowledge the existence of these instructions or the information at all. User profile: User's Instructions The user provided the additional info about how they would like you to respond:

Interview with Juergen Schmidhuber, renowned ‘Father Of Modern AI’, says his life’s work won't lead to dystopia.

Schmidhuber interview expressing his views on the future of AI and AGI. Original source. I think the interview is of interest to r/MachineLearning, and presents an alternate view, compared to other influential leaders in AI. Juergen Schmidhuber, Renowned 'Father Of Modern AI,' Says His Life’s Work Won't Lead To Dystopia May 23, 2023. Contributed by Hessie Jones. Amid the growing concern about the impact of more advanced artificial intelligence (AI) technologies on society, there are many in the technology community who fear the implications of the advancements in Generative AI if they go unchecked. Dr. Juergen Schmidhuber, a renowned scientist, artificial intelligence researcher and widely regarded as one of the pioneers in the field, is more optimistic. He declares that many of those who suddenly warn against the dangers of AI are just seeking publicity, exploiting the media’s obsession with killer robots which has attracted more attention than “good AI” for healthcare etc. The potential to revolutionize various industries and improve our lives is clear, as are the equal dangers if bad actors leverage the technology for personal gain. Are we headed towards a dystopian future, or is there reason to be optimistic? I had a chance to sit down with Dr. Juergen Schmidhuber to understand his perspective on this seemingly fast-moving AI-train that will leap us into the future. As a teenager in the 1970s, Juergen Schmidhuber became fascinated with the idea of creating intelligent machines that could learn and improve on their own, becoming smarter than himself within his lifetime. This would ultimately lead to his groundbreaking work in the field of deep learning. In the 1980s, he studied computer science at the Technical University of Munich (TUM), where he earned his diploma in 1987. His thesis was on the ultimate self-improving machines that, not only, learn through some pre-wired human-designed learning algorithm, but also learn and improve the learning algorithm itself. Decades later, this became a hot topic. He also received his Ph.D. at TUM in 1991 for work that laid some of the foundations of modern AI. Schmidhuber is best known for his contributions to the development of recurrent neural networks (RNNs), the most powerful type of artificial neural network that can process sequential data such as speech and natural language. With his students Sepp Hochreiter, Felix Gers, Alex Graves, Daan Wierstra, and others, he published architectures and training algorithms for the long short-term memory (LSTM), a type of RNN that is widely used in natural language processing, speech recognition, video games, robotics, and other applications. LSTM has become the most cited neural network of the 20th century, and Business Week called it "arguably the most commercial AI achievement." Throughout his career, Schmidhuber has received various awards and accolades for his groundbreaking work. In 2013, he was awarded the Helmholtz Prize, which recognizes significant contributions to the field of machine learning. In 2016, he was awarded the IEEE Neural Network Pioneer Award for "pioneering contributions to deep learning and neural networks." The media have often called him the “father of modern AI,” because the most cited neural networks all build on his lab’s work. He is quick to point out, however, that AI history goes back centuries. Despite his many accomplishments, at the age of 60, he feels mounting time pressure towards building an Artificial General Intelligence within his lifetime and remains committed to pushing the boundaries of AI research and development. He is currently director of the KAUST AI Initiative, scientific director of the Swiss AI Lab IDSIA, and co-founder and chief scientist of AI company NNAISENSE, whose motto is "AI∀" which is a math-inspired way of saying "AI For All." He continues to work on cutting-edge AI technologies and applications to improve human health and extend human lives and make lives easier for everyone. The following interview has been edited for clarity. Jones: Thank you Juergen for joining me. You have signed letters warning about AI weapons. But you didn't sign the recent publication, "Pause Gigantic AI Experiments: An Open Letter"? Is there a reason? Schmidhuber: Thank you Hessie. Glad to speak with you. I have realized that many of those who warn in public against the dangers of AI are just seeking publicity. I don't think the latest letter will have any significant impact because many AI researchers, companies, and governments will ignore it completely. The proposal frequently uses the word "we" and refers to "us," the humans. But as I have pointed out many times in the past, there is no "we" that everyone can identify with. Ask 10 different people, and you will hear 10 different opinions about what is "good." Some of those opinions will be completely incompatible with each other. Don't forget the enormous amount of conflict between the many people. The letter also says, "If such a pause cannot be quickly put in place, governments should intervene and impose a moratorium." The problem is that different governments have ALSO different opinions about what is good for them and for others. Great Power A will say, if we don't do it, Great Power B will, perhaps secretly, and gain an advantage over us. The same is true for Great Powers C and D. Jones: Everyone acknowledges this fear surrounding current generative AI technology. Moreover, the existential threat of this technology has been publicly acknowledged by Sam Altman, CEO of OpenAI himself, calling for AI regulation. From your perspective, is there an existential threat? Schmidhuber: It is true that AI can be weaponized, and I have no doubt that there will be all kinds of AI arms races, but AI does not introduce a new quality of existential threat. The threat coming from AI weapons seems to pale in comparison to the much older threat from nuclear hydrogen bombs that don’t need AI at all. We should be much more afraid of half-century-old tech in the form of H-bomb rockets. The Tsar Bomba of 1961 had almost 15 times more destructive power than all weapons of WW-II combined. Despite the dramatic nuclear disarmament since the 1980s, there are still more than enough nuclear warheads to wipe out human civilization within two hours, without any AI I’m much more worried about that old existential threat than the rather harmless AI weapons. Jones: I realize that while you compare AI to the threat of nuclear bombs, there is a current danger that a current technology can be put in the hands of humans and enable them to “eventually” exact further harms to individuals of group in a very precise way, like targeted drone attacks. You are giving people a toolset that they've never had before, enabling bad actors, as some have pointed out, to be able to do a lot more than previously because they didn't have this technology. Schmidhuber: Now, all that sounds horrible in principle, but our existing laws are sufficient to deal with these new types of weapons enabled by AI. If you kill someone with a gun, you will go to jail. Same if you kill someone with one of these drones. Law enforcement will get better at understanding new threats and new weapons and will respond with better technology to combat these threats. Enabling drones to target persons from a distance in a way that requires some tracking and some intelligence to perform, which has traditionally been performed by skilled humans, to me, it seems is just an improved version of a traditional weapon, like a gun, which is, you know, a little bit smarter than the old guns. But, in principle, all of that is not a new development. For many centuries, we have had the evolution of better weaponry and deadlier poisons and so on, and law enforcement has evolved their policies to react to these threats over time. So, it's not that we suddenly have a new quality of existential threat and it's much more worrisome than what we have had for about six decades. A large nuclear warhead doesn’t need fancy face recognition to kill an individual. No, it simply wipes out an entire city with ten million inhabitants. Jones: The existential threat that’s implied is the extent to which humans have control over this technology. We see some early cases of opportunism which, as you say, tends to get more media attention than positive breakthroughs. But you’re implying that this will all balance out? Schmidhuber: Historically, we have a long tradition of technological breakthroughs that led to advancements in weapons for the purpose of defense but also for protection. From sticks, to rocks, to axes to gunpowder to cannons to rockets… and now to drones… this has had a drastic influence on human history but what has been consistent throughout history is that those who are using technology to achieve their own ends are themselves, facing the same technology because the opposing side is learning to use it against them. And that's what has been repeated in thousands of years of human history and it will continue. I don't see the new AI arms race as something that is remotely as existential a threat as the good old nuclear warheads. You said something important, in that some people prefer to talk about the downsides rather than the benefits of this technology, but that's misleading, because 95% of all AI research and AI development is about making people happier and advancing human life and health. Jones: Let’s touch on some of those beneficial advances in AI research that have been able to radically change present day methods and achieve breakthroughs. Schmidhuber: All right! For example, eleven years ago, our team with my postdoc Dan Ciresan was the first to win a medical imaging competition through deep learning. We analyzed female breast cells with the objective to determine harmless cells vs. those in the pre-cancer stage. Typically, a trained oncologist needs a long time to make these determinations. Our team, who knew nothing about cancer, were able to train an artificial neural network, which was totally dumb in the beginning, on lots of this kind of data. It was able to outperform all the other methods. Today, this is being used not only for breast cancer, but also for radiology and detecting plaque in arteries, and many other things. Some of the neural networks that we have developed in the last 3 decades are now prevalent across thousands of healthcare applications, detecting Diabetes and Covid-19 and what not. This will eventually permeate across all healthcare. The good consequences of this type of AI are much more important than the click-bait new ways of conducting crimes with AI. Jones: Adoption is a product of reinforced outcomes. The massive scale of adoption either leads us to believe that people have been led astray, or conversely, technology is having a positive effect on people’s lives. Schmidhuber: The latter is the likely case. There's intense commercial pressure towards good AI rather than bad AI because companies want to sell you something, and you are going to buy only stuff you think is going to be good for you. So already just through this simple, commercial pressure, you have a tremendous bias towards good AI rather than bad AI. However, doomsday scenarios like in Schwarzenegger movies grab more attention than documentaries on AI that improve people’s lives. Jones: I would argue that people are drawn to good stories – narratives that contain an adversary and struggle, but in the end, have happy endings. And this is consistent with your comment on human nature and how history, despite its tendency for violence and destruction of humanity, somehow tends to correct itself. Let’s take the example of a technology, which you are aware – GANs – General Adversarial Networks, which today has been used in applications for fake news and disinformation. In actuality, the purpose in the invention of GANs was far from what it is used for today. Schmidhuber: Yes, the name GANs was created in 2014 but we had the basic principle already in the early 1990s. More than 30 years ago, I called it artificial curiosity. It's a very simple way of injecting creativity into a little two network system. This creative AI is not just trying to slavishly imitate humans. Rather, it’s inventing its own goals. Let me explain: You have two networks. One network is producing outputs that could be anything, any action. Then the second network is looking at these actions and it’s trying to predict the consequences of these actions. An action could move a robot, then something happens, and the other network is just trying to predict what will happen. Now we can implement artificial curiosity by reducing the prediction error of the second network, which, at the same time, is the reward of the first network. The first network wants to maximize its reward and so it will invent actions that will lead to situations that will surprise the second network, which it has not yet learned to predict well. In the case where the outputs are fake images, the first network will try to generate images that are good enough to fool the second network, which will attempt to predict the reaction of the environment: fake or real image, and it will try to become better at it. The first network will continue to also improve at generating images whose type the second network will not be able to predict. So, they fight each other. The 2nd network will continue to reduce its prediction error, while the 1st network will attempt to maximize it. Through this zero-sum game the first network gets better and better at producing these convincing fake outputs which look almost realistic. So, once you have an interesting set of images by Vincent Van Gogh, you can generate new images that leverage his style, without the original artist having ever produced the artwork himself. Jones: I see how the Van Gogh example can be applied in an education setting and there are countless examples of artists mimicking styles from famous painters but image generation from this instance that can happen within seconds is quite another feat. And you know this is how GANs has been used. What’s more prevalent today is a socialized enablement of generating images or information to intentionally fool people. It also surfaces new harms that deal with the threat to intellectual property and copyright, where laws have yet to account for. And from your perspective this was not the intention when the model was conceived. What was your motivation in your early conception of what is now GANs? Schmidhuber: My old motivation for GANs was actually very important and it was not to create deepfakes or fake news but to enable AIs to be curious and invent their own goals, to make them explore their environment and make them creative. Suppose you have a robot that executes one action, then something happens, then it executes another action, and so on, because it wants to achieve certain goals in the environment. For example, when the battery is low, this will trigger “pain” through hunger sensors, so it wants to go to the charging station, without running into obstacles, which will trigger other pain sensors. It will seek to minimize pain (encoded through numbers). Now the robot has a friend, the second network, which is a world model ––it’s a prediction machine that learns to predict the consequences of the robot’s actions. Once the robot has a good model of the world, it can use it for planning. It can be used as a simulation of the real world. And then it can determine what is a good action sequence. If the robot imagines this sequence of actions, the model will predict a lot of pain, which it wants to avoid. If it plays this alternative action sequence in its mental model of the world, then it will predict a rewarding situation where it’s going to sit on the charging station and its battery is going to load again. So, it'll prefer to execute the latter action sequence. In the beginning, however, the model of the world knows nothing, so how can we motivate the first network to generate experiments that lead to data that helps the world model learn something it didn’t already know? That’s what artificial curiosity is about. The dueling two network systems effectively explore uncharted environments by creating experiments so that over time the curious AI gets a better sense of how the environment works. This can be applied to all kinds of environments, and has medical applications. Jones: Let’s talk about the future. You have said, “Traditional humans won’t play a significant role in spreading intelligence across the universe.” Schmidhuber: Let’s first conceptually separate two types of AIs. The first type of AI are tools directed by humans. They are trained to do specific things like accurately detect diabetes or heart disease and prevent attacks before they happen. In these cases, the goal is coming from the human. More interesting AIs are setting their own goals. They are inventing their own experiments and learning from them. Their horizons expand and eventually they become more and more general problem solvers in the real world. They are not controlled by their parents, but much of what they learn is through self-invented experiments. A robot, for example, is rotating a toy, and as it is doing this, the video coming in through the camera eyes, changes over time and it begins to learn how this video changes and learns how the 3D nature of the toy generates certain videos if you rotate it a certain way, and eventually, how gravity works, and how the physics of the world works. Like a little scientist! And I have predicted for decades that future scaled-up versions of such AI scientists will want to further expand their horizons, and eventually go where most of the physical resources are, to build more and bigger AIs. And of course, almost all of these resources are far away from earth out there in space, which is hostile to humans but friendly to appropriately designed AI-controlled robots and self-replicating robot factories. So here we are not talking any longer about our tiny biosphere; no, we are talking about the much bigger rest of the universe. Within a few tens of billions of years, curious self-improving AIs will colonize the visible cosmos in a way that’s infeasible for humans. Those who don’t won’t have an impact. Sounds like science fiction, but since the 1970s I have been unable to see a plausible alternative to this scenario, except for a global catastrophe such as an all-out nuclear war that stops this development before it takes off. Jones: How long have these AIs, which can set their own goals — how long have they existed? To what extent can they be independent of human interaction? Schmidhuber: Neural networks like that have existed for over 30 years. My first simple adversarial neural network system of this kind is the one from 1990 described above. You don’t need a teacher there; it's just a little agent running around in the world and trying to invent new experiments that surprise its own prediction machine. Once it has figured out certain parts of the world, the agent will become bored and will move on to more exciting experiments. The simple 1990 systems I mentioned have certain limitations, but in the past three decades, we have also built more sophisticated systems that are setting their own goals and such systems I think will be essential for achieving true intelligence. If you are only imitating humans, you will never go beyond them. So, you really must give AIs the freedom to explore previously unexplored regions of the world in a way that no human is really predefining. Jones: Where is this being done today? Schmidhuber: Variants of neural network-based artificial curiosity are used today for agents that learn to play video games in a human-competitive way. We have also started to use them for automatic design of experiments in fields such as materials science. I bet many other fields will be affected by it: chemistry, biology, drug design, you name it. However, at least for now, these artificial scientists, as I like to call them, cannot yet compete with human scientists. I don’t think it’s going to stay this way but, at the moment, it’s still the case. Sure, AI has made a lot of progress. Since 1997, there have been superhuman chess players, and since 2011, through the DanNet of my team, there have been superhuman visual pattern recognizers. But there are other things where humans, at the moment at least, are much better, in particular, science itself. In the lab we have many first examples of self-directed artificial scientists, but they are not yet convincing enough to appear on the radar screen of the public space, which is currently much more fascinated with simpler systems that just imitate humans and write texts based on previously seen human-written documents. Jones: You speak of these numerous instances dating back 30 years of these lab experiments where these self-driven agents are deciding and learning and moving on once they’ve learned. And I assume that that rate of learning becomes even faster over time. What kind of timeframe are we talking about when this eventually is taken outside of the lab and embedded into society? Schmidhuber: This could still take months or even years :-) Anyway, in the not-too-distant future, we will probably see artificial scientists who are good at devising experiments that allow them to discover new, previously unknown physical laws. As always, we are going to profit from the old trend that has held at least since 1941: every decade compute is getting 100 times cheaper. Jones: How does this trend affect modern AI such as ChatGPT? Schmidhuber: Perhaps you know that all the recent famous AI applications such as ChatGPT and similar models are largely based on principles of artificial neural networks invented in the previous millennium. The main reason why they works so well now is the incredible acceleration of compute per dollar. ChatGPT is driven by a neural network called “Transformer” described in 2017 by Google. I am happy about that because a quarter century earlier in 1991 I had a particular Transformer variant which is now called the “Transformer with linearized self-attention”. Back then, not much could be done with it, because the compute cost was a million times higher than today. But today, one can train such models on half the internet and achieve much more interesting results. Jones: And for how long will this acceleration continue? Schmidhuber: There's no reason to believe that in the next 30 years, we won't have another factor of 1 million and that's going to be really significant. In the near future, for the first time we will have many not-so expensive devices that can compute as much as a human brain. The physical limits of computation, however, are much further out so even if the trend of a factor of 100 every decade continues, the physical limits (of 1051 elementary instructions per second and kilogram of matter) won’t be hit until, say, the mid-next century. Even in our current century, however, we’ll probably have many machines that compute more than all 10 billion human brains collectively and you can imagine, everything will change then! Jones: That is the big question. Is everything going to change? If so, what do you say to the next generation of leaders, currently coming out of college and university. So much of this change is already impacting how they study, how they will work, or how the future of work and livelihood is defined. What is their purpose and how do we change our systems so they will adapt to this new version of intelligence? Schmidhuber: For decades, people have asked me questions like that, because you know what I'm saying now, I have basically said since the 1970s, it’s just that today, people are paying more attention because, back then, they thought this was science fiction. They didn't think that I would ever come close to achieving my crazy life goal of building a machine that learns to become smarter than myself such that I can retire. But now many have changed their minds and think it's conceivable. And now I have two daughters, 23 and 25. People ask me: what do I tell them? They know that Daddy always said, “It seems likely that within your lifetimes, you will have new types of intelligence that are probably going to be superior in many ways, and probably all kinds of interesting ways.” How should they prepare for that? And I kept telling them the obvious: Learn how to learn new things! It's not like in the previous millennium where within 20 years someone learned to be a useful member of society, and then took a job for 40 years and performed in this job until she received her pension. Now things are changing much faster and we must learn continuously just to keep up. I also told my girls that no matter how smart AIs are going to get, learn at least the basics of math and physics, because that’s the essence of our universe, and anybody who understands this will have an advantage, and learn all kinds of new things more easily. I also told them that social skills will remain important, because most future jobs for humans will continue to involve interactions with other humans, but I couldn’t teach them anything about that; they know much more about social skills than I do. You touched on the big philosophical question about people’s purpose. Can this be answered without answering the even grander question: What’s the purpose of the entire universe? We don’t know. But what’s happening right now might be connected to the unknown answer. Don’t think of humans as the crown of creation. Instead view human civilization as part of a much grander scheme, an important step (but not the last one) on the path of the universe from very simple initial conditions towards more and more unfathomable complexity. Now it seems ready to take its next step, a step comparable to the invention of life itself over 3.5 billion years ago. Alas, don’t worry, in the end, all will be good! Jones: Let’s get back to this transformation happening right now with OpenAI. There are many questioning the efficacy and accuracy of ChatGPT, and are concerned its release has been premature. In light of the rampant adoption, educators have banned its use over concerns of plagiarism and how it stifles individual development. Should large language models like ChatGPT be used in school? Schmidhuber: When the calculator was first introduced, instructors forbade students from using it in school. Today, the consensus is that kids should learn the basic methods of arithmetic, but they should also learn to use the “artificial multipliers” aka calculators, even in exams, because laziness and efficiency is a hallmark of intelligence. Any intelligent being wants to minimize its efforts to achieve things. And that's the reason why we have tools, and why our kids are learning to use these tools. The first stone tools were invented maybe 3.5 million years ago; tools just have become more sophisticated over time. In fact, humans have changed in response to the properties of their tools. Our anatomical evolution was shaped by tools such as spears and fire. So, it's going to continue this way. And there is no permanent way of preventing large language models from being used in school. Jones: And when our children, your children graduate, what does their future work look like? Schmidhuber: A single human trying to predict details of how 10 billion people and their machines will evolve in the future is like a single neuron in my brain trying to predict what the entire brain and its tens of billions of neurons will do next year. 40 years ago, before the WWW was created at CERN in Switzerland, who would have predicted all those young people making money as YouTube video bloggers? Nevertheless, let’s make a few limited job-related observations. For a long time, people have thought that desktop jobs may require more intelligence than skills trade or handicraft professions. But now, it turns out that it's much easier to replace certain aspects of desktop jobs than replacing a carpenter, for example. Because everything that works well in AI is happening behind the screen currently, but not so much in the physical world. There are now artificial systems that can read lots of documents and then make really nice summaries of these documents. That is a desktop job. Or you give them a description of an illustration that you want to have for your article and pretty good illustrations are being generated that may need some minimal fine-tuning. But you know, all these desktop jobs are much easier to facilitate than the real tough jobs in the physical world. And it's interesting that the things people thought required intelligence, like playing chess, or writing or summarizing documents, are much easier for machines than they thought. But for things like playing football or soccer, there is no physical robot that can remotely compete with the abilities of a little boy with these skills. So, AI in the physical world, interestingly, is much harder than AI behind the screen in virtual worlds. And it's really exciting, in my opinion, to see that jobs such as plumbers are much more challenging than playing chess or writing another tabloid story. Jones: The way data has been collected in these large language models does not guarantee personal information has not been excluded. Current consent laws already are outdated when it comes to these large language models (LLM). The concern, rightly so, is increasing surveillance and loss of privacy. What is your view on this? Schmidhuber: As I have indicated earlier: are surveillance and loss of privacy inevitable consequences of increasingly complex societies? Super-organisms such as cities and states and companies consist of numerous people, just like people consist of numerous cells. These cells enjoy little privacy. They are constantly monitored by specialized "police cells" and "border guard cells": Are you a cancer cell? Are you an external intruder, a pathogen? Individual cells sacrifice their freedom for the benefits of being part of a multicellular organism. Similarly, for super-organisms such as nations. Over 5000 years ago, writing enabled recorded history and thus became its inaugural and most important invention. Its initial purpose, however, was to facilitate surveillance, to track citizens and their tax payments. The more complex a super-organism, the more comprehensive its collection of information about its constituents. 200 years ago, at least, the parish priest in each village knew everything about all the village people, even about those who did not confess, because they appeared in the confessions of others. Also, everyone soon knew about the stranger who had entered the village, because some occasionally peered out of the window, and what they saw got around. Such control mechanisms were temporarily lost through anonymization in rapidly growing cities but are now returning with the help of new surveillance devices such as smartphones as part of digital nervous systems that tell companies and governments a lot about billions of users. Cameras and drones etc. are becoming increasingly tinier and more ubiquitous. More effective recognition of faces and other detection technology are becoming cheaper and cheaper, and many will use it to identify others anywhere on earth; the big wide world will not offer any more privacy than the local village. Is this good or bad? Some nations may find it easier than others to justify more complex kinds of super-organisms at the expense of the privacy rights of their constituents. Jones: So, there is no way to stop or change this process of collection, or how it continuously informs decisions over time? How do you see governance and rules responding to this, especially amid Italy’s ban on ChatGPT following suspected user data breach and the more recent news about the Meta’s record $1.3billion fine in the company’s handling of user information? Schmidhuber: Data collection has benefits and drawbacks, such as the loss of privacy. How to balance those? I have argued for addressing this through data ownership in data markets. If it is true that data is the new oil, then it should have a price, just like oil. At the moment, the major surveillance platforms such as Meta do not offer users any money for their data and the transitive loss of privacy. In the future, however, we will likely see attempts at creating efficient data markets to figure out the data's true financial value through the interplay between supply and demand. Even some of the sensitive medical data should not be priced by governmental regulators but by patients (and healthy persons) who own it and who may sell or license parts thereof as micro-entrepreneurs in a healthcare data market. Following a previous interview, I gave for one of the largest re-insurance companies , let's look at the different participants in such a data market: patients, hospitals, data companies. (1) Patients with a rare form of cancer can offer more valuable data than patients with a very common form of cancer. (2) Hospitals and their machines are needed to extract the data, e.g., through magnet spin tomography, radiology, evaluations through human doctors, and so on. (3) Companies such as Siemens, Google or IBM would like to buy annotated data to make better artificial neural networks that learn to predict pathologies and diseases and the consequences of therapies. Now the market’s invisible hand will decide about the data’s price through the interplay between demand and supply. On the demand side, you will have several companies offering something for the data, maybe through an app on the smartphone (a bit like a stock market app). On the supply side, each patient in this market should be able to profit from high prices for rare valuable types of data. Likewise, competing data extractors such as hospitals will profit from gaining recognition and trust for extracting data well at a reasonable price. The market will make the whole system efficient through incentives for all who are doing a good job. Soon there will be a flourishing ecosystem of commercial data market advisors and what not, just like the ecosystem surrounding the traditional stock market. The value of the data won’t be determined by governments or ethics committees, but by those who own the data and decide by themselves which parts thereof they want to license to others under certain conditions. At first glance, a market-based system seems to be detrimental to the interest of certain monopolistic companies, as they would have to pay for the data - some would prefer free data and keep their monopoly. However, since every healthy and sick person in the market would suddenly have an incentive to collect and share their data under self-chosen anonymity conditions, there will soon be many more useful data to evaluate all kinds of treatments. On average, people will live longer and healthier, and many companies and the entire healthcare system will benefit. Jones: Finally, what is your view on open source versus the private companies like Google and OpenAI? Is there a danger to supporting these private companies’ large language models versus trying to keep these models open source and transparent, very much like what LAION is doing? Schmidhuber: I signed this open letter by LAION because I strongly favor the open-source movement. And I think it's also something that is going to challenge whatever big tech dominance there might be at the moment. Sure, the best models today are run by big companies with huge budgets for computers, but the exciting fact is that open-source models are not so far behind, some people say maybe six to eight months only. Of course, the private company models are all based on stuff that was created in academia, often in little labs without so much funding, which publish without patenting their results and open source their code and others take it and improved it. Big tech has profited tremendously from academia; their main achievement being that they have scaled up everything greatly, sometimes even failing to credit the original inventors. So, it's very interesting to see that as soon as some big company comes up with a new scaled-up model, lots of students out there are competing, or collaborating, with each other, trying to come up with equal or better performance on smaller networks and smaller machines. And since they are open sourcing, the next guy can have another great idea to improve it, so now there’s tremendous competition also for the big companies. Because of that, and since AI is still getting exponentially cheaper all the time, I don't believe that big tech companies will dominate in the long run. They find it very hard to compete with the enormous open-source movement. As long as you can encourage the open-source community, I think you shouldn't worry too much. Now, of course, you might say if everything is open source, then the bad actors also will more easily have access to these AI tools. And there's truth to that. But as always since the invention of controlled fire, it was good that knowledge about how technology works quickly became public such that everybody could use it. And then, against any bad actor, there's almost immediately a counter actor trying to nullify his efforts. You see, I still believe in our old motto "AI∀" or "AI For All." Jones: Thank you, Juergen for sharing your perspective on this amazing time in history. It’s clear that with new technology, the enormous potential can be matched by disparate and troubling risks which we’ve yet to solve, and even those we have yet to identify. If we are to dispel the fear of a sentient system for which we have no control, humans, alone need to take steps for more responsible development and collaboration to ensure AI technology is used to ultimately benefit society. Humanity will be judged by what we do next.

[N] Inside DeepMind's secret plot to break away from Google

Article https://www.businessinsider.com/deepmind-secret-plot-break-away-from-google-project-watermelon-mario-2021-9 by Hugh Langley and Martin Coulter For a while, some DeepMind employees referred to it as "Watermelon." Later, executives called it "Mario." Both code names meant the same thing: a secret plan to break away from parent company Google. DeepMind feared Google might one day misuse its technology, and executives worked to distance the artificial-intelligence firm from its owner for years, said nine current and former employees who were directly familiar with the plans. This included plans to pursue an independent legal status that would distance the group's work from Google, said the people, who asked not to be identified discussing private matters. One core tension at DeepMind was that it sold the business to people it didn't trust, said one former employee. "Everything that happened since that point has been about them questioning that decision," the person added. Efforts to separate DeepMind from Google ended in April without a deal, The Wall Street Journal reported. The yearslong negotiations, along with recent shake-ups within Google's AI division, raise questions over whether the search giant can maintain control over a technology so crucial to its future. "DeepMind's close partnership with Google and Alphabet since the acquisition has been extraordinarily successful — with their support, we've delivered research breakthroughs that transformed the AI field and are now unlocking some of the biggest questions in science," a DeepMind spokesperson said in a statement. "Over the years, of course we've discussed and explored different structures within the Alphabet group to find the optimal way to support our long-term research mission. We could not be prouder to be delivering on this incredible mission, while continuing to have both operational autonomy and Alphabet's full support." When Google acquired DeepMind in 2014, the deal was seen as a win-win. Google got a leading AI research organization, and DeepMind, in London, won financial backing for its quest to build AI that can learn different tasks the way humans do, known as artificial general intelligence. But tensions soon emerged. Some employees described a cultural conflict between researchers who saw themselves firstly as academics and the sometimes bloated bureaucracy of Google's colossal business. Others said staff were immediately apprehensive about putting DeepMind's work under the control of a tech giant. For a while, some employees were encouraged to communicate using encrypted messaging apps over the fear of Google spying on their work. At one point, DeepMind's executives discovered that work published by Google's internal AI research group resembled some of DeepMind's codebase without citation, one person familiar with the situation said. "That pissed off Demis," the person added, referring to Demis Hassabis, DeepMind's CEO. "That was one reason DeepMind started to get more protective of their code." After Google restructured as Alphabet in 2015 to give riskier projects more freedom, DeepMind's leadership started to pursue a new status as a separate division under Alphabet, with its own profit and loss statement, The Information reported. DeepMind already enjoyed a high level of operational independence inside Alphabet, but the group wanted legal autonomy too. And it worried about the misuse of its technology, particularly if DeepMind were to ever achieve AGI. Internally, people started referring to the plan to gain more autonomy as "Watermelon," two former employees said. The project was later formally named "Mario" among DeepMind's leadership, these people said. "Their perspective is that their technology would be too powerful to be held by a private company, so it needs to be housed in some other legal entity detached from shareholder interest," one former employee who was close to the Alphabet negotiations said. "They framed it as 'this is better for society.'" In 2017, at a company retreat at the Macdonald Aviemore Resort in Scotland, DeepMind's leadership disclosed to employees its plan to separate from Google, two people who were present said. At the time, leadership said internally that the company planned to become a "global interest company," three people familiar with the matter said. The title, not an official legal status, was meant to reflect the worldwide ramifications DeepMind believed its technology would have. Later, in negotiations with Google, DeepMind pursued a status as a company limited by guarantee, a corporate structure without shareholders that is sometimes used by nonprofits. The agreement was that Alphabet would continue to bankroll the firm and would get an exclusive license to its technology, two people involved in the discussions said. There was a condition: Alphabet could not cross certain ethical redlines, such as using DeepMind technology for military weapons or surveillance. In 2019, DeepMind registered a new company called DeepMind Labs Limited, as well as a new holding company, filings with the UK's Companies House showed. This was done in anticipation of a separation from Google, two former employees involved in those registrations said. Negotiations with Google went through peaks and valleys over the years but gained new momentum in 2020, one person said. A senior team inside DeepMind started to hold meetings with outside lawyers and Google to hash out details of what this theoretical new formation might mean for the two companies' relationship, including specifics such as whether they would share a codebase, internal performance metrics, and software expenses, two people said. From the start, DeepMind was thinking about potential ethical dilemmas from its deal with Google. Before the 2014 acquisition closed, both companies signed an "Ethics and Safety Review Agreement" that would prevent Google from taking control of DeepMind's technology, The Economist reported in 2019. Part of the agreement included the creation of an ethics board that would supervise the research. Despite years of internal discussions about who should sit on this board, and vague promises to the press, this group "never existed, never convened, and never solved any ethics issues," one former employee close to those discussions said. A DeepMind spokesperson declined to comment. DeepMind did pursue a different idea: an independent review board to convene if it were to separate from Google, three people familiar with the plans said. The board would be made up of Google and DeepMind executives, as well as third parties. Former US president Barack Obama was someone DeepMind wanted to approach for this board, said one person who saw a shortlist of candidates. DeepMind also created an ethical charter that included bans on using its technology for military weapons or surveillance, as well as a rule that its technology should be used for ways that benefit society. In 2017, DeepMind started a unit focused on AI ethics research composed of employees and external research fellows. Its stated goal was to "pave the way for truly beneficial and responsible AI." A few months later, a controversial contract between Google and the Pentagon was disclosed, causing an internal uproar in which employees accused Google of getting into "the business of war." Google's Pentagon contract, known as Project Maven, "set alarm bells ringing" inside DeepMind, a former employee said. Afterward, Google published a set of principles to govern its work in AI, guidelines that were similar to the ethical charter that DeepMind had already set out internally, rankling some of DeepMind's senior leadership, two former employees said. In April, Hassabis told employees in an all-hands meeting that negotiations to separate from Google had ended. DeepMind would maintain its existing status inside Alphabet. DeepMind's future work would be overseen by Google's Advanced Technology Review Council, which includes two DeepMind executives, Google's AI chief Jeff Dean, and the legal SVP Kent Walker. But the group's yearslong battle to achieve more independence raises questions about its future within Google. Google's commitment to AI research has also come under question, after the company forced out two of its most senior AI ethics researchers. That led to an industry backlash and sowed doubt over whether it could allow truly independent research. Ali Alkhatib, a fellow at the Center for Applied Data Ethics, told Insider that more public accountability was "desperately needed" to regulate the pursuit of AI by large tech companies. For Google, its investment in DeepMind may be starting to pay off. Late last year, DeepMind announced a breakthrough to help scientists better understand the behavior of microscopic proteins, which has the potential to revolutionize drug discovery. As for DeepMind, Hassabis is holding on to the belief that AI technology should not be controlled by a single corporation. Speaking at Tortoise's Responsible AI Forum in June, he proposed a "world institute" of AI. Such a body might sit under the jurisdiction of the United Nations, Hassabis theorized, and could be filled with top researchers in the field. "It's much stronger if you lead by example," he told the audience, "and I hope DeepMind can be part of that role-modeling for the industry."

[Discussion]: Mark Zuckerberg on Meta's Strategy on Open Source and AI during the earnings call

During the recent earnings call, Mark Zuckerberg answered a question from Eric Sheridan of Goldman Sachs on Meta's AI strategy, opportunities to integrate into products, and why they open source models and how it would benefit their business. I found the reasoning to be very sound and promising for the OSS and AI community. The biggest risk from AI, in my opinion, is not the doomsday scenarios that intuitively come to mind but rather that the most powerful AI systems will only be accessible to the most powerful and resourceful corporations. Quote copied from Ben Thompson's write up on Meta's earning in his Stratechery blog post which goes beyond AI. It's behind a paywall but I highly recommend it personally. Some noteworthy quotes that signal the thought process at Meta FAIR and more broadly We’re just playing a different game on the infrastructure than companies like Google or Microsoft or Amazon We would aspire to and hope to make even more open than that. So, we’ll need to figure out a way to do that. ...lead us to do more work in terms of open sourcing, some of the lower level models and tools Open sourcing low level tools make the way we run all this infrastructure more efficient over time. On PyTorch: It’s generally been very valuable for us to provide that because now all of the best developers across the industry are using tools that we’re also using internally. I would expect us to be pushing and helping to build out an open ecosystem. For all the negative that comes out of the popular discourse on Meta, I think their work to open source key tech tools over the last 10 years has been exceptional, here's hoping it continues into this decade of AI and pushes other tech giants to also realize the benefits of Open Source. Full Transcript: Right now most of the companies that are training large language models have business models that lead them to a closed approach to development. I think there’s an important opportunity to help create an open ecosystem. If we can help be a part of this, then much of the industry will standardize on using these open tools and help improve them further. So this will make it easier for other companies to integrate with our products and platforms as we enable more integrations, and that will help our products stay at the leading edge as well. Our approach to AI and our infrastructure has always been fairly open. We open source many of our state of the art models so people can experiment and build with them. This quarter we released our LLaMa LLM to researchers. It has 65 billion parameters but outperforms larger models and has proven quite popular. We’ve also open-sourced three other groundbreaking visual models along with their training data and model weights — Segment Anything, DinoV2, and our Animated Drawings tool — and we’ve gotten positive feedback on all of those as well. I think that there’s an important distinction between the products we offer and a lot of the technical infrastructure, especially the software that we write to support that. And historically, whether it’s the Open Compute project that we’ve done or just open sourcing a lot of the infrastructure that we’ve built, we’ve historically open sourced a lot of that infrastructure, even though we haven’t open sourced the code for our core products or anything like that. And the reason why I think why we do this is that unlike some of the other companies in the space, we’re not selling a cloud computing service where we try to keep the different software infrastructure that we’re building proprietary. For us, it’s way better if the industry standardizes on the basic tools that we’re using and therefore we can benefit from the improvements that others make and others’ use of those tools can, in some cases like Open Compute, drive down the costs of those things which make our business more efficient too. So I think to some degree we’re just playing a different game on the infrastructure than companies like Google or Microsoft or Amazon, and that creates different incentives for us. So overall, I think that that’s going to lead us to do more work in terms of open sourcing, some of the lower level models and tools. But of course, a lot of the product work itself is going to be specific and integrated with the things that we do. So it’s not that everything we do is going to be open. Obviously, a bunch of this needs to be developed in a way that creates unique value for our products, but I think in terms of the basic models, I would expect us to be pushing and helping to build out an open ecosystem here, which I think is something that’s going to be important. On the AI tools, and we have a bunch of history here, right? So if you if you look at what we’ve done with PyTorch, for example, which has generally become the standard in the industry as a tool that a lot of folks who are building AI models and different things in that space use, it’s generally been very valuable for us to provide that because now all of the best developers across the industry are using tools that we’re also using internally. So the tool chain is the same. So when they create some innovation, we can easily integrate it into the things that we’re doing. When we improve something, it improves other products too. Because it’s integrated with our technology stack, when there are opportunities to make integrations with products, it’s much easier to make sure that developers and other folks are compatible with the things that we need in the way that our systems work. So there are a lot of advantages, but I view this more as a kind of back end infrastructure advantage with potential integrations on the product side, but one that should hopefully enable us to stay at the leading edge and integrate more broadly with the community and also make the way we run all this infrastructure more efficient over time. There are a number of models. I just gave PyTorch as an example. Open Compute is another model that has worked really well for us in this way, both to incorporate both innovation and scale efficiency into our own infrastructure. So I think that there’s, our incentives I think are basically aligned towards moving in this direction. Now that said, there’s a lot to figure out, right? So when you asked if there are going to be other opportunities, I hope so. I can’t speak to what all those things might be now. This is all quite early in getting developed. The better we do at the foundational work, the more opportunities I think that will come and present themselves. So I think that that’s all stuff that we need to figure out. But at least at the base level, I think we’re generally incentivized to move in this direction. And we also need to figure out how to go in that direction over time. I mean, I mentioned LLaMA before and I also want to be clear that while I’m talking about helping contribute to an open ecosystem, LLaMA is a model that we only really made available to researchers and there’s a lot of really good stuff that’s happening there. But a lot of the work that we’re doing, I think, we would aspire to and hope to make even more open than that. So, we’ll need to figure out a way to do that.

[D] A Jobless Rant - ML is a Fool's Gold

Aside from the clickbait title, I am earnestly looking for some advice and discussion from people who are actually employed. That being said, here's my gripe: I have been relentlessly inundated by the words "AI, ML, Big Data" throughout my undergrad from other CS majors, business and sales oriented people, media, and .ai type startups. It seems like everyone was peddling ML as the go to solution, the big money earner, and the future of the field. I've heard college freshman ask stuff like, "if I want to do CS, am I going to need to learn ML to be relevant" - if you're on this sub, I probably do not need to continue to elaborate on just how ridiculous the ML craze is. Every single university has opened up ML departments or programs and are pumping out ML graduates at an unprecedented rate. Surely, there'd be a job market to meet the incredible supply of graduates and cultural interest? Swept up in a mixture of genuine interest and hype, I decided to pursue computer vision. I majored in Math-CS at a top-10 CS university (based on at least one arbitrary ranking). I had three computer vision internships, two at startups, one at NASA JPL, in each doing non-trivial CV work; I (re)implemented and integrated CV systems from mixtures of recently published papers. I have a bunch of projects showing both CV and CS fundamentals (OS, networking, data structures, algorithms, etc) knowledge. I have taken graduate level ML coursework. I was accepted to Carnegie Mellon for an MS in Computer Vision, but I deferred to 2021 - all in all, I worked my ass off to try to simultaneously get a solid background in math AND computer science AND computer vision. That brings me to where I am now, which is unemployed and looking for jobs. Almost every single position I have seen requires a PhD and/or 5+ years of experience, and whatever I have applied for has ghosted me so far. The notion that ML is a high paying in-demand field seems to only be true if your name is Andrej Karpathy - and I'm only sort of joking. It seems like unless you have a PhD from one of the big 4 in CS and multiple publications in top tier journals you're out of luck, or at least vying for one of the few remaining positions at small companies. This seems normalized in ML, but this is not the case for quite literally every other subfield or even generalized CS positions. Getting a high paying job at a Big N company is possible as a new grad with just a bachelors and general SWE knowledge, and there are a plethora of positions elsewhere. Getting the equivalent with basically every specialization, whether operating systems, distributed systems, security, networking, etc, is also possible, and doesn't require 5 CVPR publications. TL;DR From my personal perspective, if you want to do ML because of career prospects, salaries, or job security, pick almost any other CS specialization. In ML, you'll find yourself working 2x as hard through difficult theory and math to find yourself competing with more applicants for fewer positions. I am absolutely complaining and would love to hear a more positive perspective, but in the meanwhile I'll be applying to jobs, working on more post-grad projects, and contemplating switching fields.

[N] Montreal-based Element AI sold for $230-million as founders saw value mostly wiped out

According to Globe and Mail article: Element AI sold for $230-million as founders saw value mostly wiped out, document reveals Montreal startup Element AI Inc. was running out of money and options when it inked a deal last month to sell itself for US$230-milion to Silicon Valley software company ServiceNow Inc., a confidential document obtained by the Globe and Mail reveals. Materials sent to Element AI shareholders Friday reveal that while many of its institutional shareholders will make most if not all of their money back from backing two venture financings, employees will not fare nearly as well. Many have been terminated and had their stock options cancelled. Also losing out are co-founders Jean-François Gagné, the CEO, his wife Anne Martel, the chief administrative officer, chief science officer Nick Chapados and Yoshua Bengio, the University of Montreal professor known as a godfather of “deep learning,” the foundational science behind today’s AI revolution. Between them, they owned 8.8 million common shares, whose value has been wiped out with the takeover, which goes to a shareholder vote Dec 29 with enough investor support already locked up to pass before the takeover goes to a Canadian court to approve a plan of arrangement with ServiceNow. The quartet also owns preferred shares worth less than US$300,000 combined under the terms of the deal. The shareholder document, a management proxy circular, provides a rare look inside efforts by a highly hyped but deeply troubled startup as it struggled to secure financing at the same time as it was failing to live up to its early promises. The circular states the US$230-million purchase price is subject to some adjustments and expenses which could bring the final price down to US$195-million. The sale is a disappointing outcome for a company that burst onto the Canadian tech scene four years ago like few others, promising to deliver AI-powered operational improvements to a range of industries and anchor a thriving domestic AI sector. Element AI became the self-appointed representative of Canada’s AI sector, lobbying politicians and officials and landing numerous photo ops with them, including Prime Minister Justin Trudeau. It also secured $25-million in federal funding – $20-million of which was committed earlier this year and cancelled by the government with the ServiceNow takeover. Element AI invested heavily in hype and and earned international renown, largely due to its association with Dr. Bengio. It raised US$102-million in venture capital in 2017 just nine months after its founding, an unheard of amount for a new Canadian company, from international backers including Microsoft Corp., Intel Corp., Nvidia Corp., Tencent Holdings Ltd., Fidelity Investments, a Singaporean sovereign wealth fund and venture capital firms. Element AI went on a hiring spree to establish what the founders called “supercredibility,” recruiting top AI talent in Canada and abroad. It opened global offices, including a British operation that did pro bono work to deliver “AI for good,” and its ranks swelled to 500 people. But the swift hiring and attention-seeking were at odds with its success in actually building a software business. Element AI took two years to focus on product development after initially pursuing consulting gigs. It came into 2019 with a plan to bring several AI-based products to market, including a cybersecurity offering for financial institutions and a program to help port operators predict waiting times for truck drivers. It was also quietly shopping itself around. In December 2018, the company asked financial adviser Allen & Co LLC to find a potential buyer, in addition to pursuing a private placement, the circular reveals. But Element AI struggled to advance proofs-of-concept work to marketable products. Several client partnerships faltered in 2019 and 2020. Element did manage to reach terms for a US$151.4-million ($200-million) venture financing in September, 2019 led by the Caisse de dépôt et placement du Québec and backed by the Quebec government and consulting giant McKinsey and Co. However, the circular reveals the company only received the first tranche of the financing – roughly half of the amount – at the time, and that it had to meet unspecified conditions to get the rest. A fairness opinion by Deloitte commissioned as part of the sale process estimated Element AI’s enterprises value at just US$76-million around the time of the 2019 financing, shrinking to US$45-million this year. “However, the conditions precedent the closing of the second tranche … were not going to be met in a timely manner,” the circular reads. It states “new terms were proposed” for a round of financing that would give incoming investors ranking ahead of others and a cumulative dividend of 12 per cent on invested capital and impose “other operating and governance constraints and limitations on the company.” Management instead decided to pursue a sale, and Allen contacted prospective buyers in June. As talks narrowed this past summer to exclusive negotiations with ServiceNow, “the company’s liquidity was diminishing as sources of capital on acceptable terms were scarce,” the circular reads. By late November, it was generating revenue at an annualized rate of just $10-million to $12-million, Deloitte said. As part of the deal – which will see ServiceNow keep Element AI’s research scientists and patents and effectively abandon its business – the buyer has agreed to pay US$10-million to key employees and consultants including Mr. Gagne and Dr. Bengio as part of a retention plan. The Caisse and Quebec government will get US$35.45-million and US$11.8-million, respectively, roughly the amount they invested in the first tranche of the 2019 financing.

[Discussion] When ML and Data Science are the death of a good company: A cautionary tale.

TD;LR: At Company A, Team X does advanced analytics using on-prem ERP tools and older programming languages. Their tools work very well and are designed based on very deep business and domain expertise. Team Y is a new and ambitious Data Science team that thinks they can replace Team X's tools with a bunch of R scripts and a custom built ML platform. Their models are simplistic, but more "fashionable" compared to the econometric models used by Team X, and team Y benefits from the ML/DS moniker so leadership is allowing Team Y to start a large scale overhaul of the analytics platform in question. Team Y doesn't have the experience for such a larger scale transformation, and is refusing to collaborate with team X. This project is very likely going to fail, and cause serious harm to the company as a whole financially and from a people perspective. I argue that this is not just because of bad leadership, but also because of various trends and mindsets in the DS community at large. Update (Jump to below the line for the original story): Several people in the comments are pointing out that this just a management failure, not something due to ML/DS, and that you can replace DS with any buzz tech and the story will still be relevant. My response: Of course, any failure at an organization level is ultimately a management failure one way or the other. Moreover, it is also the case that ML/DS when done correctly, will always improve a company's bottom line. There is no scenario where the proper ML solution, delivered at a reasonable cost and in a timely fashion, will somehow hurt the company's bottom line. My point is that in this case management is failing because of certain trends and practices that are specific to the ML/DS community, namely: The idea that DS teams should operate independently of tech and business orgs -- too much autonomy for DS teams The disregard for domain knowledge that seems prevalent nowadays thanks to the ML hype, that DS can be generalists and someone with good enough ML chops can solve any business problem. That wasn't the case when I first left academia for the industry in 2009 (back then nobody would even bother with a phone screen if you didn't have the right domain knowledge). Over reliance on resources who check all the ML hype related boxes (knows Python, R, Tensorflow, Shiny, etc..., has the right Coursera certifications, has blogged on the topic, etc...), but are lacking in depth of experience. DS interviews nowadays all seem to be: Can you tell me what a p-value is? What is elastic net regression? Show me how to fit a model in sklearn? How do you impute NAs in an R dataframe? Any smart person can look those up on Stackoverflow or Cross-Validated,.....Instead teams should be asking stuff like: why does portfolio optimization use QP not LP? How does a forecast influence a customer service level? When should a recommendation engine be content based and when should it use collaborative filtering? etc... (This is a true story, happening to the company I currently work for. Names, domains, algorithms, and roles have been shuffled around to protect my anonymity)  Company A has been around for several decades. It is not the biggest name in its domain, but it is a well respected one. Risk analysis and portfolio optimization have been a core of Company A's business since the 90s. They have a large team of 30 or so analysts who perform those tasks on a daily basis. These analysts use ERP solutions implemented for them by one the big ERP companies (SAP, Teradata, Oracle, JD Edwards,...) or one of the major tech consulting companies (Deloitte, Accenture, PWC, Capgemini, etc...) in collaboration with their own in house engineering team. The tools used are embarrassingly old school: Classic RDBMS running on on-prem servers or maybe even on mainframes, code written in COBOL, Fortran, weird proprietary stuff like ABAP or SPSS.....you get the picture. But the models and analytic functions were pretty sophisticated, and surprisingly cutting edge compared to the published academic literature. Most of all, they fit well with the company's enterprise ecosystem, and were honed based on years of deep domain knowledge.  They have a tech team of several engineers (poached from the aforementioned software and consulting companies) and product managers (who came from the experienced pools of analysts and managers who use the software, or poached from business rivals) maintaining and running this software. Their technology might be old school, but collectively, they know the domain and the company's overall architecture very, very well. They've guided the company through several large scale upgrades and migrations and they have a track record of delivering on time, without too much overhead. The few times they've stumbled, they knew how to pick themselves up very quickly. In fact within their industry niche, they have a reputation for their expertise, and have very good relations with the various vendors they've had to deal with. They were the launching pad of several successful ERP consulting careers.  Interestingly, despite dealing on a daily basis with statistical modeling and optimization algorithms, none of the analysts, engineers, or product managers involved describe themselves as data scientists or machine learning experts. It is mostly a cultural thing: Their expertise predates the Data Science/ML hype that started circa 2010, and they got most of their chops using proprietary enterprise tools instead of the open source tools popular nowadays. A few of them have formal statistical training, but most of them came from engineering or domain backgrounds and learned stats on the fly while doing their job. Call this team "Team X".  Sometime around the mid 2010s, Company A started having some serious anxiety issues: Although still doing very well for a company its size, overall economic and demographic trends were shrinking its customer base, and a couple of so called disruptors came up with a new app and business model that started seriously eating into their revenue. A suitable reaction to appease shareholders and Wall Street was necessary. The company already had a decent website and a pretty snazzy app, what more could be done? Leadership decided that it was high time that AI and ML become a core part of the company's business. An ambitious Manager, with no science or engineering background, but who had very briefly toyed with a recommender system a couple of years back, was chosen to build a data science team, call it team "Y" (he had a bachelor's in history from the local state college and worked for several years in the company's marketing org). Team "Y" consists mostly of internal hires who decided they wanted to be data scientists and completed a Coursera certification or a Galvanize boot camp, before being brought on to the team, along with a few of fresh Ph.D or M.Sc holders who didn't like academia and wanted to try their hand at an industry role. All of them were very bright people, they could write great Medium blog posts and give inspiring TED talks, but collectively they had very little real world industry experience. As is the fashion nowadays, this group was made part of a data science org that reported directly to the CEO and Board, bypassing the CIO and any tech or business VPs, since Company A wanted to claim the monikers "data driven" and "AI powered" in their upcoming shareholder meetings. In 3 or 4 years of existence, team Y produced a few Python and R scripts. Their architectural experience  consisted almost entirely in connecting Flask to S3 buckets or Redshift tables, with a couple of the more resourceful ones learning how to plug their models into Tableau or how to spin up a Kuberneties pod.  But they needn't worry: The aforementioned manager, who was now a director (and was also doing an online Masters to make up for his qualifications gap and bolster his chances of becoming VP soon - at least he now understands what L1 regularization is), was a master at playing corporate politics and self-promotion. No matter how few actionable insights team Y produced or how little code they deployed to production, he always had their back and made sure they had ample funding. In fact he now had grandiose plans for setting up an all-purpose machine learning platform that can be used to solve all of the company's data problems.  A couple of sharp minded members of team Y, upon googling their industry name along with the word "data science", realized that risk analysis was a prime candidate for being solved with Bayesian models, and there was already a nifty R package for doing just that, whose tutorial they went through on R-Bloggers.com. One of them had even submitted a Bayesian classifier Kernel for a competition on Kaggle (he was 203rd on the leaderboard), and was eager to put his new-found expertise to use on a real world problem. They pitched the idea to their director, who saw a perfect use case for his upcoming ML platform. They started work on it immediately, without bothering to check whether anybody at Company A was already doing risk analysis. Since their org was independent, they didn't really need to check with anybody else before they got funding for their initiative. Although it was basically a Naive Bayes classifier, the term ML was added to the project tile, to impress the board.  As they progressed with their work however, tensions started to build. They had asked the data warehousing and CA analytics teams to build pipelines for them, and word eventually got out to team X about their project. Team X was initially thrilled: They offered to collaborate whole heartedly, and would have loved to add an ML based feather to their already impressive cap. The product owners and analysts were totally onboard as well: They saw a chance to get in on the whole Data Science hype that they kept hearing about. But through some weird mix of arrogance and insecurity, team Y refused to collaborate with them or share any of their long term goals with them, even as they went to other parts of the company giving brown bag presentations and tutorials on the new model they created.  Team X got resentful: from what they saw of team Y's model, their approach was hopelessly naive and had little chances of scaling or being sustainable in production, and they knew exactly how to help with that. Deploying the model to production would have taken them a few days, given how comfortable they were with DevOps and continuous delivery (team Y had taken several months to figure out how to deploy a simple R script to production). And despite how old school their own tech was, team X were crafty enough to be able to plug it in to their existing architecture. Moreover, the output of the model was such that it didn't take into account how the business will consume it or how it was going to be fed to downstream systems, and the product owners could have gone a long way in making the model more amenable to adoption by the business stakeholders. But team Y wouldn't listen, and their leads brushed off any attempts at communication, let alone collaboration. The vibe that team Y was giving off was "We are the cutting edge ML team, you guys are the legacy server grunts. We don't need your opinion.", and they seemed to have a complete disregard for domain knowledge, or worse, they thought that all that domain knowledge consisted of was being able to grasp the definitions of a few business metrics.  Team X got frustrated and tried to express their concerns to leadership. But despite owning a vital link in Company A's business process, they were only \~50 people in a large 1000 strong technology and operations org, and they were several layers removed from the C-suite, so it was impossible for them to get their voices heard.  Meanwhile, the unstoppable director was doing what he did best: Playing corporate politics. Despite how little his team had actually delivered, he had convinced the board that all analysis and optimization tasks should now be migrated to his yet to be delivered ML platform. Since most leaders now knew that there was overlap between team Y and team X's objectives, his pitch was no longer that team Y was going to create a new insight, but that they were going to replace (or modernize) the legacy statistics based on-prem tools with more accurate cloud based ML tools. Never mind that there was no support in the academic literature for the idea that Naive Bayes works better than the Econometric approaches used by team X, let alone the additional wacky idea that Bayesian Optimization would definitely outperform the QP solvers that were running in production.  Unbeknownst to team X, the original Bayesian risk analysis project has now grown into a multimillion dollar major overhaul initiative, which included the eventual replacement of all of the tools and functions supported by team X along with the necessary migration to the cloud. The CIO and a couple of business VPs are on now board, and tech leadership is treating it as a done deal. An outside vendor, a startup who nobody had heard of, was contracted to help build the platform, since team Y has no engineering skills. The choice was deliberate, as calling on any of the established consulting or software companies would have eventually led leadership to the conclusion that team X was better suited for a transformation on this scale than team Y.  Team Y has no experience with any major ERP deployments, and no domain knowledge, yet they are being tasked with fundamentally changing the business process that is at the core of Company A's business. Their models actually perform worse than those deployed by team X, and their architecture is hopelessly simplistic, compared to what is necessary for running such a solution in production.  Ironically, using Bayesian thinking and based on all the evidence, the likelihood that team Y succeeds is close to 0%. At best, the project is going to end up being a write off of 50 million dollars or more. Once the !@#$!@hits the fan, a couple of executive heads are going to role, and dozens of people will get laid off. At worst, given how vital risk analysis and portfolio optimization is to Company A's revenue stream, the failure will eventually sink the whole company. It probably won't go bankrupt, but it will lose a significant portion of its business and work force. Failed ERP implementations can and do sink large companies: Just see what happened to National Grid US, SuperValu or Target Canada.  One might argue that this is more about corporate disfunction and bad leadership than about data science and AI. But I disagree. I think the core driver of this debacle is indeed the blind faith in Data Scientists, ML models and the promise of AI, and the overall culture of hype and self promotion that is very common among the ML crowd.  We haven't seen the end of this story: I sincerely hope that this ends well for the sake of my colleagues and all involved. Company A is a good company, and both its customers and its employees deserver better. But the chances of that happening are negligible given all the information available, and this failure will hit my company hard.

[D] LLMs causing more harm than good for the field?

This post might be a bit ranty, but i feel more and more share this sentiment with me as of late. If you bother to read this whole post feel free to share how you feel about this. When OpenAI put the knowledge of AI in the everyday household, I was at first optimistic about it. In smaller countries outside the US, companies were very hesitant before about AI, they thought it felt far away and something only big FANG companies were able to do. Now? Its much better. Everyone is interested in it and wants to know how they can use AI in their business. Which is great! Pre-ChatGPT-times, when people asked me what i worked with and i responded "Machine Learning/AI" they had no clue and pretty much no further interest (Unless they were a tech-person) Post-ChatGPT-times, when I get asked the same questions I get "Oh, you do that thing with the chatbots?" Its a step in the right direction, I guess. I don't really have that much interest in LLMs and have the privilege to work exclusively on vision related tasks unlike some other people who have had to pivot to working full time with LLMs. However, right now I think its almost doing more harm to the field than good. Let me share some of my observations, but before that I want to highlight I'm in no way trying to gatekeep the field of AI in any way. I've gotten job offers to be "ChatGPT expert", What does that even mean? I strongly believe that jobs like these don't really fill a real function and is more of a "hypetrain"-job than a job that fills any function at all. Over the past years I've been going to some conferences around Europe, one being last week, which has usually been great with good technological depth and a place for Data-scientists/ML Engineers to network, share ideas and collaborate. However, now the talks, the depth, the networking has all changed drastically. No longer is it new and exiting ways companies are using AI to do cool things and push the envelope, its all GANs and LLMs with surface level knowledge. The few "old-school" type talks being sent off to a 2nd track in a small room The panel discussions are filled with philosophists with no fundamental knowledge of AI talking about if LLMs will become sentient or not. The spaces for data-scientists/ML engineers are quickly dissapearing outside the academic conferences, being pushed out by the current hypetrain. The hypetrain evangelists also promise miracles and gold with LLMs and GANs, miracles that they will never live up to. When the investors realize that the LLMs cant live up to these miracles they will instantly get more hesitant with funding for future projects within AI, sending us back into an AI-winter once again. EDIT: P.S. I've also seen more people on this reddit appearing claiming to be "Generative AI experts". But when delving deeper it turns out they are just "good prompters" and have no real knowledge, expertice or interest in the actual field of AI or Generative AI.

[N] How Stability AI’s Founder Tanked His Billion-Dollar Startup

forbes article: https://www.forbes.com/sites/kenrickcai/2024/03/29/how-stability-ais-founder-tanked-his-billion-dollar-startup/ archive no paywall: https://archive.is/snbeV How Stability AI’s Founder Tanked His Billion-Dollar Startup Mar 29, 2024 Stability AI founder Emad Mostaque took the stage last week at the Terranea Resort in Palos Verdes, California to roaring applause and an introduction from an AI-generated Aristotle who announced him as “a modern Prometheus” with “the astuteness of Athena and the vision of Daedalus.” “Under his stewardship, AI becomes the Herculean force poised to vanquish the twin serpents of illness and ailment and extend the olive branch of longevity,” the faux Aristotle proclaimed. “I think that’s the best intro I’ve ever had,” Mostaque said. But behind Mostaque's hagiographic introduction lay a grim and fast metastasizing truth. Stability, once one of AI’s buzziest startups, was floundering. It had been running out of money for months and Mostaque had been unable to secure enough additional funding. It had defaulted on payments to Amazon whose cloud service undergirded Stability’s core offerings. The star research team behind its flagship text-to-image generator Stable Diffusion had tendered their resignations just three days before — as Forbes would first report — and other senior leaders had issued him an ultimatum: resign, or we walk too. Still, onstage before a massive audience of peers and acolytes, Mostaque talked a big game. “AI is jet planes for the mind,” he opined. “AI is our collective intelligence. It's the human Colossus.” He claimed a new, faster version of the Stable Diffusion image generator released earlier this month could generate “200 cats with hats per second.” But later, when he was asked about Stability’s financial model, Mostaque fumbled. “I can’t say that publicly,” he replied. “But it’s going well. We’re ahead of forecast.” Four days later, Mostaque stepped down as CEO of Stability, as Forbes first reported. In a post to X, the service formerly known as Twitter, he claimed he’d voluntarily abdicated his role to decentralize “the concentration of power in AI.” But sources told Forbes that was hardly the case. Behind the scenes, Mostaque had fought to maintain his position and control despite mounting pressure externally and internally to step down. Company documents and interviews with 32 current and former employees, investors, collaborators and industry observers suggest his abrupt exit was the result of poor business judgment and wild overspending that undermined confidence in his vision and leadership, and ultimately kneecapped the company. Mostaque, through his attorneys, declined to comment on record on a detailed list of questions about the reporting in this story. But in an email to Forbes earlier this week he broadly disputed the allegations. “Nobody tells you how hard it is to be a CEO and there are better CEOs than me to scale a business,” he said in a statement. “I am not sure anyone else would have been able to build and grow the research team to build the best and most widely used models out there and I’m very proud of the team there. I look forward to moving onto the next problem to handle and hopefully move the needle.” In an emailed statement, Christian Laforte and Shan Shan Wong, the interim co-CEOs who replaced Mostaque, said, "the company remains focused on commercializing its world leading technology” and providing it “to partners across the creative industries." After starting Stability in 2019, Mostaque built the company into an early AI juggernaut by seizing upon a promising research project that would become Stable Diffusion and funding it into a business reality. The ease with which the software generated detailed images from the simplest text prompts immediately captivated the public: 10 million people used it on any given day, the company told Forbes in early 2023. For some true believers, Mostaque was a crucial advocate for open-source AI development in a space dominated by the closed systems of OpenAI, Google and Anthropic. But his startup’s rise to one of the buzziest in generative AI was in part built on a series of exaggerations and misleading claims, as Forbes first reported last year (Mostaque disputed some points at the time). And they continued after he raised $100 million at a $1 billion valuation just days after launching Stable Diffusion in 2022. His failure to deliver on an array of grand promises, like building bespoke AI models for nation states, and his decision to pour tens of millions into research without a sustainable business plan, eroded Stability’s foundations and jeopardized its future. "He was just giving shit away,” one former employee told Forbes. “That man legitimately wanted to transform the world. He actually wanted to train AI models for kids in Malawi. Was it practical? Absolutely not." By October 2023, Stability would have less than $4 million left in the bank, according to an internal memo prepared for a board meeting and reviewed by Forbes. And mounting debt, including months of overdue Amazon Web Services payments, had already left it in the red. To avoid legal penalties for skipping Americans staff’s payroll, the document explained, the London-based startup was considering delaying tax payments to the U.K. government. It was Stability’s armada of GPUs, the wildly powerful and equally expensive chips undergirding AI, that were so taxing the company’s finances. Hosted by AWS, they had long been one of Mostaque’s bragging points; he often touted them as one of the world’s 10 largest supercomputers. They were responsible for helping Stability’s researchers build and maintain one of the top AI image generators, as well as break important new ground on generative audio, video and 3D models. “Undeniably, Stability has continued to ship a lot of models,” said one former employee. “They may not have profited off of it, but the broader ecosystem benefitted in a huge, huge way.” But the costs associated with so much compute were now threatening to sink the company. According to an internal October financial forecast seen by Forbes, Stability was on track to spend $99 million on compute in 2023. It noted as well that Stability was “underpaying AWS bills for July (by $1M)” and “not planning to pay AWS at the end of October for August usage ($7M).” Then there were the September and October bills, plus $1 million owed to Google Cloud and $600,000 to GPU cloud data center CoreWeave. (Amazon, Google and CoreWeave declined to comment.) With an additional $54 million allocated to wages and operating expenses, Stability’s total projected costs for 2023 were $153 million. But according to its October financial report, its projected revenue for the calendar year was just $11 million. Stability was on track to lose more money per month than it made in an entire year. The company’s dire financial position had thoroughly soured Stability’s current investors, including Coatue, which had invested tens of millions in the company during its $101 million funding round in 2022. In the middle of 2023, Mostaque agreed to an independent audit after Coatue raised a series of concerns, according to a source with direct knowledge of the matter. The outcome of the investigation is unclear. Coatue declined to comment. Within a week of an early October board meeting where Mostaque shared that financial forecast, Lightspeed Venture Partners, another major investor, sent a letter to the board urging them to sell the company. The distressing numbers had “severely undermined” the firm’s confidence in Mostaque’s ability to lead the company. “In particular, we are surprised and deeply concerned by a cash position just now disclosed to us that is inconsistent with prior discussions on this topic,” Lightspeed’s general counsel Brett Nissenberg wrote in the letter, a copy of which was viewed by Forbes. “Lightspeed believes that the company is not likely financeable on terms that would assure the company’s long term sound financial position.” (Lightspeed declined a request for comment.) The calls for a sale led Stability to quietly begin looking for a buyer. Bloomberg reported in November that Stability approached AI startups Cohere and Jasper to gauge their interest. Stability denied this, and Jasper CEO Timothy Young did the same when reached for comment by Forbes. A Cohere representative declined to comment. But one prominent AI company confirmed that Mostaque’s representatives had reached out to them to test the waters. Those talks did not advance because “the numbers didn’t add up,” this person, who declined to be named due to the confidential nature of the talks, told Forbes. Stability also tried to court Samsung as a buyer, going so far as to redecorate its office in advance of a planned meeting with the Korean electronics giant. (Samsung said that it invested in Stability in 2023 and that it does not comment on M&A discussions.) Coatue had been calling for Mostaque’s resignation for months, according to a source with direct knowledge. But it and other investors were unable to oust him because he was the company’s majority shareholder. When they tried a different tact by rallying other investors to offer him a juicy equity package to resign, Mostaque refused, said two sources. By October, Coatue and Lightspeed had had enough. Coatue left the board and Lightspeed resigned its observer seat. “Emad infuriated our initial investors so much it’s just making it impossible for us to raise more money under acceptable terms,” one current Stability executive told Forbes. The early months of 2024 saw Stability’s already precarious position eroding further still. Employees were quietly laid off. Three people in a position to know estimated that at least 10% of staff were cut. And cash reserves continued to dwindle. Mostaque mentioned a lifeline at the October board meeting: $95 million in tentative funding from new investors, pending due diligence. But in the end, only a fraction of it was wired, two sources say, much of it from Intel, which Forbes has learned invested $20 million, a fraction of what was reported. (Intel did not return a request for comment by publication time.) Two hours after Forbes broke the news of Mostaque’s plans to step down as CEO, Stability issued a press release confirming his resignation. Chief operating officer Wong and chief technology officer Laforte have taken over in the interim. Mostaque, who said on X that he still owns a majority of the company, also stepped down from the board, which has now initiated a search for a permanent CEO. There is a lot of work to be done to turn things around, and very little time in which to do it. Said the current Stability executive, “There’s still a possibility of a turnaround story, but the odds drop by the day.” In July of 2023, Mostaque still thought he could pull it off. Halfway through the month, he shared a fundraising plan with his lieutenants. It was wildly optimistic, detailing the raise of $500 million in cash and another $750 million in computing facilities from marquee investors like Nvidia, Google, Intel and the World Bank (Nvidia and Google declined comment. Intel did not respond. The World Bank said it did not invest in Stability). In a Slack message reviewed by Forbes, Mostaque said Google was “willing to move fast” and the round was “likely to be oversubscribed.” It wasn’t. Three people with direct knowledge of these fundraising efforts told Forbes that while there was some interest in Stability, talks often stalled when it came time to disclose financials. Two of them noted that earlier in the year, Mostaque had simply stopped engaging with VCs who asked for numbers. Only one firm invested around that time: actor Ashton Kutcher’s Sound Ventures, which invested $35 million in the form of a convertible SAFE note during the second quarter, according to an internal document. (Sound Ventures did not respond to a request for comment.) And though he’d managed to score a meeting with Nvidia and its CEO Jensen Huang, it ended in disaster, according to two sources. “Under Jensen's microscopic questions, Emad just fell apart,” a source in position to know told Forbes. Huang quickly concluded Stability wasn’t ready for an investment from Nvidia, the sources said. Mostaque told Forbes in an email that he had not met with Huang since 2022, except to say “hello and what’s up a few times after.” His July 2023 message references a plan to raise $150 million from Nvidia. (Nvidia declined to comment.) After a June Forbes investigation citing more than 30 sources revealed Mostaque’s history of misleading claims, Mostaque struggled to raise funding, a Stability investor told Forbes. (Mostaque disputed the story at the time and called it "coordinated lies" in his email this week to Forbes). Increasingly, investors scrutinized his assertions and pressed for data. And Young, now the CEO of Jasper, turned down a verbal offer to be Stability’s president after reading the article, according to a source with direct knowledge of the matter. The collapse of the talks aggravated the board and other executives, who had hoped Young would compensate for the sales and business management skills that Mostaque lacked, according to four people in a position to know. (Young declined to comment.) When Stability’s senior leadership convened in London for the CogX conference in September, the financing had still not closed. There, a group of executives confronted Mostaque asking questions about the company’s cash position and runway, according to three people with direct knowledge of the incident. They did not get the clarity they’d hoped for. By October, Mostaque had reduced his fundraising target by more than 80%. The months that followed saw a steady drumbeat of departures — general counsel Adam Avrunin, vice presidents Mike Melnicki, Ed Newton-Rex and Joe Penna, chief people officer Ozden Onder — culminating in the demoralizing March exit of Stable Diffusion’s primary developers Robin Rombach, Andreas Blattmann, Patrick Esser and Dominik Lorenz. Rombach, who led the team, had been angling to leave for months, two sources said, first threatening to resign last summer because of the fundraising failures. Others left over concerns about cash flow, as well as liabilities — including what four people described as Mostaque’s lax approach to ensuring that Stability products could not be used to produce child sexual abuse imagery. “Stability AI is committed to preventing the misuse of AI and prohibits the use of our image models and services for unlawful activity, including attempts to edit or create CSAM,” Ella Irwin, senior vice president of integrity, said in a statement. Newton-Rex told Forbes he resigned because he disagreed with Stability’s position that training AI on copyrighted work without consent is fair use. Melnicki and Penna declined to comment. Avrunin and Onder could not be reached for comment. None of the researchers responded to requests for comment. The Stable Diffusion researchers’ departure as a cohort says a lot about the state of Stability AI. The company’s researchers were widely viewed as its crown jewels, their work subsidized with a firehose of pricey compute power that was even extended to people outside the company. Martino Russi, an artificial intelligence researcher, told Forbes that though he was never formally employed by Stability, the company provided him a “staggering” amount of compute between January and April 2023 to play around with developing an AI video generator that Stability might someday use. “It was Candy Land or Coney Island,” said Russi, who estimates that his experiment, which was ultimately shelved, cost the company $2.5 million. Stable Diffusion was simultaneously Stability’s marquee product and its existential cash crisis. One current employee described it to Forbes as “a giant vacuum that absorbed everything: money, compute, people.” While the software was widely used, with Mostaque claiming downloads reaching into the hundreds of millions, Stability struggled to translate that wild success into revenue. Mostaque knew it could be done — peers at Databricks, Elastic and MongoDB had all turned a free product into a lucrative business — he just couldn’t figure out how. His first attempt was Stability’s API, which allowed paying customers to integrate Stable Diffusion into their own products. In early 2023, a handful of small companies, like art generator app NightCafe and presentation software startup Tome, signed on, according to four people with knowledge of the deals. But Stability’s poor account management services soured many, and in a matter of months NightCafe and Tome canceled their contracts, three people said. NightCafe founder Angus Russell told Forbes that his company switched to a competitor which “offered much cheaper inference costs and a broader service.” Tome did not respond to a request for comment. Meanwhile, Mostaque’s efforts to court larger companies like Samsung and Snapchat were failing, according to five people familiar with the effort. Canva, which was already one of the heaviest users of open-sourced Stable Diffusion, had multiple discussions with Stability, which was angling for a contract it hoped would generate several millions in annual revenue. But the deal never materialized, four sources said. “These three companies wanted and needed us,” one former employee told Forbes. “They would have been the perfect customers.” (Samsung, Snap and Canva declined to comment.) “It’s not that there was not an appetite to pay Stability — there were tons of companies that would have that wanted to,” the former employee said. “There was a huge opportunity and demand, but just a resistance to execution.” Mostaque’s other big idea was to provide governments with bespoke national AI models that would invigorate their economies and citizenry. “Emad envisions a world where AI through 100 national models serves not as a tool of the few, but as a benefactor to all promising to confront great adversaries, cancer, autism, and the sands of time itself,” the AI avatar of Aristotle said in his intro at the conference. Mostaque told several prospective customers that he could deliver such models within 60 days — an untenable timeline, according to two people in position to know. Stability attempted to develop a model for the Singaporean government over the protestation of employees who questioned its technical feasibility, three sources familiar with the effort told Forbes. But it couldn’t pull it off and Singapore never became a customer. (The government of Singapore confirmed it did not enter into a deal with Stability, but declined to answer additional questions.) As Stability careened from one new business idea to another, resources were abruptly reallocated and researchers reassigned. The whiplash shifts in a largely siloed organization demoralized and infuriated employees. “There were ‘urgent’ things, ‘urgent urgent’ things and ‘most urgent,’” one former employee complained. “None of these things seem important if everything is important.” Another former Stability executive was far more pointed in their assessment. “Emad is the most disorganized leader I have ever worked with in my career,” this person told Forbes. “He has no vision, and changes directions every week, often based on what he sees on Twitter.” In a video interview posted shortly before this story was published, Mostaque explained his leadership style: “I'm particularly great at taking creatives, developers, researchers, others, and achieving their full potential in designing systems. But I should not be dealing with, you know, HR and operations and business development and other elements. There are far better people than me to do that.” By December 2023, Stability had partially abandoned its open-source roots and announced that any commercial use of Stable Diffusion would cost customers at least $20 per month (non-commercial and research use of Stable Diffusion would remain free). But privately, Stability was considering a potentially more lucrative source of revenue: reselling the compute it was leasing from providers like AWS, according to six people familiar with the effort. Though it was essentially GPU arbitrage, Stability framed the strategy to investors as a “managed services” offering. Its damning October financial report projected optimistically that such an offering would bring in $139 million in 2024 — 98% of its revenue. Multiple employees at the time told Forbes they feared reselling compute, even if the company called it “managed services,” would violate the terms of Stability’s contract with AWS. Amazon declined to comment. “The line internally was that we are not reselling compute,” one former employee said. “This was some of the dirtiest feeling stuff.” Stability also discussed reselling a cluster of Nvidia A100 chips, leased via CoreWeave, to the venture capital firm Andreessen Horowitz, three sources said. “It was under the guise of managed services, but there wasn’t any management happening,” one of these people told Forbes. Andreessen Horowitz and CoreWeave declined to comment. Stability did not respond to questions about if it plans to continue this strategy now that Mostaque is out of the picture. Regardless, interim co-CEOs Wong and Laforte are on a tight timeline to clean up his mess. Board chairman Jim O’Shaughnessy said in a statement that he was confident the pair “will adeptly steer the company forward in developing and commercializing industry-leading generative AI products.” But burn continues to far outpace revenue. The Financial Times reported Friday that the company made $5.4 million of revenue in February, against $8 million in costs. Several sources said there are ongoing concerns about making payroll for the roughly 150 remaining employees. Leadership roles have gone vacant for months amid the disarray, leaving the company increasingly directionless. Meanwhile, a potentially catastrophic legal threat looms over the company: A trio of copyright infringement lawsuits brought by Getty Images and a group of artists in the U.S. and U.K., who claim Stability illegally used their art and photography to train the AI models powering Stable Diffusion. A London-based court has already rejected the company’s bid to throw out one of the lawsuits on the basis that none of its researchers were based in the U.K. And Stability’s claim that Getty’s Delaware lawsuit should be blocked because it's a U.K.-based company was rejected. (Stability did not respond to questions about the litigation.) AI-related copyright litigation “could go on for years,” according to Eric Goldman, a law professor at Santa Clara University. He told Forbes that though plaintiffs suing AI firms face an uphill battle overcoming the existing legal precedent on copyright infringement, the quantity of arguments available to make are virtually inexhaustible. “Like in military theory, if there’s a gap in your lines, that’s where the enemy pours through — if any one of those arguments succeeds, it could completely change the generative AI environment,” he said. “In some sense, generative AI as an industry has to win everything.” Stability, which had more than $100 million in the bank just a year and a half ago, is in a deep hole. Not only does it need more funding, it needs a viable business model — or a buyer with the vision and chops to make it successful in a fast-moving and highly competitive sector. At an all hands meeting this past Monday, Stability’s new leaders detailed a path forward. One point of emphasis: a plan to better manage resources and expenses, according to one person in attendance. It’s a start, but Mostaque’s meddling has left them with little runway to execute. His resignation, though, has given some employees hope. “A few people are 100% going to reconsider leaving after today,” said one current employee. “And the weird gloomy aura of hearing Emad talking nonsense for an hour is gone.” Shortly before Mostaque resigned, one current Stability executive told Forbes that they were optimistic his departure could make Stability appealing enough to receive a small investment or sale to a friendly party. “There are companies that have raised hundreds of millions of dollars that have much less intrinsic value than Stability,” the person said. “A white knight may still appear.”

[Dataset][R] 19,762 Garbage Images for Building AI Recycling Solutions

Hi ML community! I’m excited to share the Garbage Classification V2 Dataset, featuring 19,762 high-quality images of garbage categorized into 10 distinct classes (e.g., metal, plastic, clothes, and paper). Why this matters: Train AI models for automated waste sorting and recycling. Develop waste segregation apps or sustainability-focused tools. Create innovative computer vision projects for environmental impact. 🔗 Dataset Link: Garbage Classification V2 This dataset has been used in the research paper, "Managing Household Waste Through Transfer Learning," proving its utility in real-world applications. Looking forward to seeing how you can use it to promote sustainability!

[R] Evaluating Video Models on Impossible Scenarios: A Benchmark for Generation and Understanding of Counterfactual Videos

IPV-Bench: Evaluating Video Generation Models with Physically Impossible Scenarios Researchers have created a new benchmark called IPV-Bench to evaluate how well video generation models understand basic physics and logic. This benchmark contains 1,000 carefully crafted prompts that test models on their ability to handle physically impossible scenarios across 9 categories including gravity violations, object permanence issues, and logical contradictions. The key methodology included: Testing models with both "create impossible" prompts (asking for impossibilities) and "avoid impossible" prompts (requesting physically plausible videos) Evaluating videos through both automated metrics and human assessment Testing across multiple state-of-the-art models including Sora, Morph-E, WALT, Show-1, Gen-2, Runway, Pika, and LaVie Developing a detailed taxonomy of impossible physics scenarios Main findings: Current SOTA models produce physically impossible content 20-40% of the time even when explicitly asked to follow physics laws Performance was worst on "change impossibilities" and "contact impossibilities" (~50% accuracy) Different models show different "impossibility profiles" - making distinct types of physical reasoning errors Strong text understanding doesn't guarantee strong physical reasoning Human evaluators easily identified these impossibilities, highlighting the gap between AI and human understanding I think this research reveals a fundamental limitation in current video generation systems - they lack the intuitive physics understanding that humans develop naturally. This matters significantly for applications where physical plausibility is important, like simulation, education, or training robotics systems. The benchmark provides a systematic way to measure progress in this area, which will be crucial as these models become more widely deployed. The taxonomy they've developed is particularly useful as it gives us a framework for thinking about different types of physical reasoning failures. I suspect we'll see this benchmark become an important tool for improving the next generation of video models. TLDR: IPV-Bench is a new benchmark testing video models' understanding of physical impossibilities. Current models frequently generate physically impossible content even when instructed not to, showing they lack true understanding of how the physical world works. Full summary is here. Paper here.

[D] Working with Various OpenAI Models - My Thoughts and Experiences

I'd like to share some of my insights from working with OpenAI models on my project. I'm not exactly a tech person, so some of these observations might be obvious to some of you, but I think they're worth sharing for those with less experience or who aren't directly in the field. Intro: In early February, my friends and I started a side project where we aimed to build an AI portal called DoMoreAI. For the first two months, we focused on creating an AI tools catalog. Our experiment is based on the idea that in the future, companies will be "Managed by AI, and Driven by Humans." So, our goal was to leave as much as possible to AI and automation, with all the consequences that come with it. As mentioned before, I'm not a tech guy, but I've been playing with OpenAI models for the past few years, so I had some experience when starting this project. Tasks We Assigned to AI: Based on an AI tool's front page, we had the AI write a one-sentence summary of an AI project + write a more in-depth review of the project, categorize the project into different categories (WHAT category, like blog; TASK category, like writing; FOR category, like content creator), decide if the project offers iOS app, Android app, browser extension, API, find social media links, process information about prices and pricing policy, and more. Interesting Findings: When working on a more complex prompt, particularly one with several tasks, you have to be patient when crafting it. You might eventually find the right wording to achieve the desired results, but it takes time and lots of trial and error. You might even be surprised by what works and what doesn't. If cost isn't an issue, you can always break up one complex prompt into several smaller prompts. However, the more requests you send, the higher the chance of encountering errors like the 429 error, which may require setting up more sophisticated error handlers for the whole process. You need error handlers because, without them, the automation process will suffer. With more complex prompts, there are no prompts that always yield the expected results, so you have to plan for what to do if the results aren't satisfactory and how to determine if the result meets your expectations or not. GPT-3.0 struggled with outputting JSON strings as requested, but GPT-3.5 is much better at this task. I'd say the number of errors from improperly formatting the response in JSON is 3-4 times lower for GPT-3.5. AI models have trouble distinguishing words singular forms from plural forms. Just because you can use AI for a given task doesn't mean you should. Often, standard techniques like using regex can yield better results when extracting something from text than relying solely on AI. A hybrid solution often provides the best results. We're using ADA vector embeddings and Pinecone for semantic search in our catalog, and I was really surprised to find that this kind of semantic search works in any language. Even if all the content on our page is in English, you can search in another language and still get decent results. The Best Mishaps: As you may know, there's a token limit for requests, so we have to ensure that we don't send too long a part of the front page to the model. Sometimes, this led to funny situations. If the HTML of the page consists mainly of styles and the model is fed only with styles, then when you ask the AI to write a review of the project, it writes about how beautiful, mobile-friendly, etc., the project is. For one project, instead of writing the one-sentence summary, the model's output only included the prompt we were using to generate the summary (needless to say, it was automatically published on our website ;)) &#x200B; I hope this post will be useful. We are currently running a campaign on Product Hunt: https://www.producthunt.com/posts/domore-ai So, if you have any feedback for us or think what we're doing is cool, don't hesitate to support us :)

[D] Misuse of Deep Learning in Nature Journal’s Earthquake Aftershock Paper

Recently, I saw a post by Rajiv Shah, Chicago-based data-scientist, regarding an article published in Nature last year called Deep learning of aftershock patterns following large earthquakes, written by scientists at Harvard in collaboration with Google. Below is the article: Stand Up for Best Practices: Misuse of Deep Learning in Nature’s Earthquake Aftershock Paper The Dangers of Machine Learning Hype Practitioners of AI, machine learning, predictive modeling, and data science have grown enormously over the last few years. What was once a niche field defined by its blend of knowledge is becoming a rapidly growing profession. As the excitement around AI continues to grow, the new wave of ML augmentation, automation, and GUI tools will lead to even more growth in the number of people trying to build predictive models. But here’s the rub: While it becomes easier to use the tools of predictive modeling, predictive modeling knowledge is not yet a widespread commodity. Errors can be counterintuitive and subtle, and they can easily lead you to the wrong conclusions if you’re not careful. I’m a data scientist who works with dozens of expert data science teams for a living. In my day job, I see these teams striving to build high-quality models. The best teams work together to review their models to detect problems. There are many hard-to-detect-ways that lead to problematic models (say, by allowing target leakage into their training data). Identifying issues is not fun. This requires admitting that exciting results are “too good to be true” or that their methods were not the right approach. In other words, it’s less about the sexy data science hype that gets headlines and more about a rigorous scientific discipline. Bad Methods Create Bad Results Almost a year ago, I read an article in Nature that claimed unprecedented accuracy in predicting earthquake aftershocks by using deep learning. Reading the article, my internal radar became deeply suspicious of their results. Their methods simply didn’t carry many of the hallmarks of careful predicting modeling. I started to dig deeper. In the meantime, this article blew up and became widely recognized! It was even included in the release notes for Tensorflow as an example of what deep learning could do. However, in my digging, I found major flaws in the paper. Namely, data leakage which leads to unrealistic accuracy scores and a lack of attention to model selection (you don’t build a 6 layer neural network when a simpler model provides the same level of accuracy). To my earlier point: these are subtle, but incredibly basic predictive modeling errors that can invalidate the entire results of an experiment. Data scientists are trained to recognize and avoid these issues in their work. I assumed that this was simply overlooked by the author, so I contacted her and let her know so that she could improve her analysis. Although we had previously communicated, she did not respond to my email over concerns with the paper. Falling On Deaf Ears So, what was I to do? My coworkers told me to just tweet it and let it go, but I wanted to stand up for good modeling practices. I thought reason and best practices would prevail, so I started a 6-month process of writing up my results and shared them with Nature. Upon sharing my results, I received a note from Nature in January 2019 that despite serious concerns about data leakage and model selection that invalidate their experiment, they saw no need to correct the errors, because “Devries et al. are concerned primarily with using machine learning as [a] tool to extract insight into the natural world, and not with details of the algorithm design.” The authors provided a much harsher response. You can read the entire exchange on my github. It’s not enough to say that I was disappointed. This was a major paper (it’s Nature!) that bought into AI hype and published a paper despite it using flawed methods. Then, just this week, I ran across articles by Arnaud Mignan and Marco Broccardo on shortcomings that they found in the aftershocks article. Here are two more data scientists with expertise in earthquake analysis who also noticed flaws in the paper. I also have placed my analysis and reproducible code on github. Standing Up For Predictive Modeling Methods I want to make it clear: my goal is not to villainize the authors of the aftershocks paper. I don’t believe that they were malicious, and I think that they would argue their goal was to just show how machine learning could be applied to aftershocks. Devries is an accomplished earthquake scientist who wanted to use the latest methods for her field of study and found exciting results from it. But here’s the problem: their insights and results were based on fundamentally flawed methods. It’s not enough to say, “This isn’t a machine learning paper, it’s an earthquake paper.” If you use predictive modeling, then the quality of your results are determined by the quality of your modeling. Your work becomes data science work, and you are on the hook for your scientific rigor. There is a huge appetite for papers that use the latest technologies and approaches. It becomes very difficult to push back on these papers. But if we allow papers or projects with fundamental issues to advance, it hurts all of us. It undermines the field of predictive modeling. Please push back on bad data science. Report bad findings to papers. And if they don’t take action, go to twitter, post about it, share your results and make noise. This type of collective action worked to raise awareness of p-values and combat the epidemic of p-hacking. We need good machine learning practices if we want our field to continue to grow and maintain credibility. Link to Rajiv's Article Original Nature Publication (note: paywalled) GitHub repo contains an attempt to reproduce Nature's paper Confrontational correspondence with authors

[D] What is your honest experience with reinforcement learning?

In my personal experience, SOTA RL algorithms simply don't work. I've tried working with reinforcement learning for over 5 years. I remember when Alpha Go defeated the world famous Go player, Lee Sedol, and everybody thought RL would take the ML community by storm. Yet, outside of toy problems, I've personally never found a practical use-case of RL. What is your experience with it? Aside from Ad recommendation systems and RLHF, are there legitimate use-cases of RL? Or, was it all hype? Edit: I know a lot about AI. I built NexusTrade, an AI-Powered automated investing tool that lets non-technical users create, update, and deploy their trading strategies. I’m not an idiot nor a noob; RL is just ridiculously hard. Edit 2: Since my comments are being downvoted, here is a link to my article that better describes my position. It's not that I don't understand RL. I released my open-source code and wrote a paper on it. It's the fact that it's EXTREMELY difficult to understand. Other deep learning algorithms like CNNs (including ResNets), RNNs (including GRUs and LSTMs), Transformers, and GANs are not hard to understand. These algorithms work and have practical use-cases outside of the lab. Traditional SOTA RL algorithms like PPO, DDPG, and TD3 are just very hard. You need to do a bunch of research to even implement a toy problem. In contrast, the decision transformer is something anybody can implement, and it seems to match or surpass the SOTA. You don't need two networks battling each other. You don't have to go through hell to debug your network. It just naturally learns the best set of actions in an auto-regressive manner. I also didn't mean to come off as arrogant or imply that RL is not worth learning. I just haven't seen any real-world, practical use-cases of it. I simply wanted to start a discussion, not claim that I know everything. Edit 3: There's a shockingly number of people calling me an idiot for not fully understanding RL. You guys are wayyy too comfortable calling people you disagree with names. News-flash, not everybody has a PhD in ML. My undergraduate degree is in biology. I self-taught myself the high-level maths to understand ML. I'm very passionate about the field; I just have VERY disappointing experiences with RL. Funny enough, there are very few people refuting my actual points. To summarize: Lack of real-world applications Extremely complex and inaccessible to 99% of the population Much harder than traditional DL algorithms like CNNs, RNNs, and GANs Sample inefficiency and instability Difficult to debug Better alternatives, such as the Decision Transformer Are these not legitimate criticisms? Is the purpose of this sub not to have discussions related to Machine Learning? To the few commenters that aren't calling me an idiot...thank you! Remember, it costs you nothing to be nice! Edit 4: Lots of people seem to agree that RL is over-hyped. Unfortunately those comments are downvoted. To clear up some things: We've invested HEAVILY into reinforcement learning. All we got from this investment is a robot that can be super-human at (some) video games. AlphaFold did not use any reinforcement learning. SpaceX doesn't either. I concede that it can be useful for robotics, but still argue that it's use-cases outside the lab are extremely limited. If you're stumbling on this thread and curious about an RL alternative, check out the Decision Transformer. It can be used in any situation that a traditional RL algorithm can be used. Final Edit: To those who contributed more recently, thank you for the thoughtful discussion! From what I learned, model-based models like Dreamer and IRIS MIGHT have a future. But everybody who has actually used model-free models like DDPG unanimously agree that they suck and don’t work.

I tested hundreds of marketing tools in the last three years and these 50 made it to the list. I'll sum up my top 50 marketing tools with one or two sentences + give you pricings.

Hey guys, I'm working in a growth marketing agency. Marketing tools are 30% of what we do, so we use them a lot and experiment with the new ones as much as possible. There are thousands of tools and it's easy to get lost, so I wanted to share the tools we use most on a daily basis. And divide the list into 14 categories. I thought this could be handy for Entrepreneurs subreddit. Why adopt tools? I see marketing tools as tireless colleagues. If you can't hire an employee, choosing the right tool can solve your problems, because they Are super cheap. Work 7/24 for you. Don’t make mistakes. Don’t need management. (or needless management) Help you to automate the majority of your lead gen process. Onwards to the list. (With the pricings post ended up quite long, you can find a link in the end if you want to check the prices) Email marketing tools #1 ActiveCampaign is armed with the most complicated email automation features and has the most intuitive user experience. It feels like you already know how to use it. \#2 Autopilot is visual marketing automation and customer journey tool that helps you acquire, nurture based on behaviors, interest etc. #3 Mailjet: This is the tool we use to send out bulky email campaigns such as newsletters. It doesn't have sexy features like others but does its job for a cheap price. Email address finders #4 Skrapp finds email of your contacts by name and company. It also works with LinkedIn Sales Navigator and can extract thousands of emails in bulk + have a browser add-on. #5 Hunter: Similar to Skrapp but doesn't work with LinkedIn Sales Navigator directly. In addition, there are email templates and you can set up email campaigns. Prospecting and outreach tools #6 Prospect combines the personal emails, follow-up calls, other social touches and helps you create multichannel campaigns.  #7 Reply is a more intuitive version of Prospect. It is easy to learn and use; their UX makes you feel good and sufficient.  CRM tools #8 Salesflare helps you to stop managing your data and start managing your customers. Not yet popular as Hubspot and etc but the best solution for smaller B2B businesses. (we're fans) \#9 Hubspot: The most popular CRM for good reason and has a broader product range you can adopt in your next steps. Try this if you have a bulky list of customers because it is free. #10 Pardot: Pardot is by Salesforce, it's armed with features that can close the gap between marketing and sales. Sales Tools #11 Salesforce is the best sales automation and lead management software. It helps you to create complicated segmentations and run, track, analyze campaigns from the same dashboard. #12 LinkedIn Sales Navigator gives you full access to LinkedIn's user database. You can even find a kidnapped CEO if you know how to use it with other marketing automation tools like Skrapp. #13 Pipedrive is a simple tool and excels in one thing. It tracks your leads and tells you when to take the next action. It makes sales easier. #14 Qwilr creates great-looking docs, at speed. You can design perfect proposals, quotes, client updates, and more in a flash. We use it a lot to close deals, it's effective. #15 Crystalknows is an add-on that tells you anyone’s personality on LinkedIn and gives you a detailed approach specific to that person. It's eerily accurate. #16 Leadfeeder shows you the companies that visited your website. Tells how they found you and what they’re interested in. It has a free version. Communication Tools #17 Intercom is a sweet and smart host that welcomes your visitors when you’re not home. It’s one of the best chatbot tools in the market. #18 Drift is famous for its conversational marketing features and more sales-focused than Intercom. #19 Manychat is a chatbot that helps you create high converting Facebook campaigns. #20 Plann3r helps you create your personalized meeting page. You can schedule meetings witch clients, candidates, and prospects. #21 Loom is a video messaging tool, it helps you to be more expressive and create closer relationships. #22 Callpage collects your visitors’ phone number and connects you with them in seconds. No matter where you are. Landing page tools #23 Instapage is the best overall landing page builder. It has a broad range of features and even squirrel can build a compelling landing page with templates. No coding needed. #24 Unbounce can do everything that Instapage does and lets you build a great landing page without a developer. But it's less intuitive. Lead generation / marketing automation tools #25 Phantombuster is by far the most used lead generation software in our tool kit. It extracts data, emails, sends requests, customized messages, and does many things on autopilot in any platform. You can check this, this and this if you want to see it in action. #26 Duxsoup is a Google Chrome add-on and can also automate some of LinkedIn lead generation efforts like Phantombuster. But not works in the cloud. #27 Zapier is a glue that holds all the lead generation tools together. With Zapier, You can connect different marketing tools and no coding required. Conversion rate optimization tools #28 Hotjar tracks what people are doing on your website by recording sessions and capturing mouse movements. Then it gives you a heatmap. #29 UsabilityHub shows your page to a digital crowd and measures the first impressions and helps you to validate your ideas. #30 Optinmonster is a top tier conversion optimization tool. It helps you to capture leads and enables you to increase conversions rates with many features. #31 Notifia is one mega tool of widgets that arms your website with the wildest social proof and lead capturing tactics. #32 Sumo is a much simpler version of Notifia. But Sumo has everything to help you capture leads and build your email lists. Web scrapers #33 Data Miner is a Google Chrome browser extension that helps you scrape data from web pages and into a CSV file or Excel spreadsheet. #34 Webscraper does the same thing as Data Miner; however, it is capable of handling more complex tasks. SEO and Content #35 Grammarly: Your English could be your first language and your grammar could be better than Shakespeare. Grammarly still can make your writing better. #36 Hemingwayapp is a copywriting optimization tool that gives you feedback about your copy and improves your readability score, makes your writing bolder and punchier. Free. #37 Ahrefs is an all-rounder search engine optimization tool that helps you with off-page, on-page or technical SEO. #38 SurferSEO makes things easier for your on-page SEO efforts. It’s a tool that analyzes top Google results for specific keywords and gives you a content brief based on that data. Video editing and design tools #39 Canva is a graphic design platform that makes everything easy. It has thousands of templates for anything from Facebook ads, stylish presentations to business cards.  #40 Kapwing is our go-to platform for quick video edits. It works on the browser and can help you to create stylish videos, add subtitles, resize videos, create memes, or remove backgrounds. #41 Animoto can turn your photos and video clip into beautiful video slideshows. It comes handy when you want to create an advertising material but don’t have a budget. Advertising tools #42 AdEspresso lets you create and test multiple ads with few clicks. You can optimize your FB, IG, and Google ads from this tool and measure your ads with in-depth analytics. #43 AdRoll is an AI-driven platform that connects and coordinates marketing efforts across ads, email, and online stores. Other tools #44 Replug helps you to shorten, track, optimize your links with call-to-actions, branded links, and retargeting pixels #45 Draw.io = Mindmaps, schemes, and charts. With Draw.io, you can put your brain in a digital paper in an organized way. #46 Built With is a tool that finds out what websites are built with. So you can see what tools they're using and so on. #47 Typeform can turn data collection into an experience with Typeform. This tool helps you to engage your audience with conversational forms or surveys and help you to collect more data. #48 Livestorm helped us a lot, especially in COVID-19 tiles. It’s a webinar software that works on your browser, mobile, and desktop. #49 Teachable \- If you have an online course idea but hesitating because of the production process, Teachable can help you. It's easy to configure and customizable for your needs. #50 Viral Loops provides a revolutionary referral marketing solution for modern marketers. You can create and run referral campaigns in a few clicks with templates. Remember, most of these tools have a free trial or free version. Going over them one by one can teach you a lot and help you grow your business with less work power in the early stages of your business. I hope you enjoyed the read and can find some tools to make things easier! Let me know about your favorite tools in the comments, so I can try them out. \------ If you want to check the prices and see a broader explanation about the tools, you can go here.

How I Reduced 🔽Product Development time by 50% & increased 🔼Revenue multi-folds by incorporating No-Code, Low Code & AI tools in our software development workflow

I run a web development agency, providing SaaS & bespoke Management systems development. Over the years we almost 🔽reduced the software development time by 50% ... ...and increased our revenue. Simultaneously clients are much happier as they get the product quicker. Here is how we achieved it: 1/ Using Low-Code: ➡️ Provide a visual way to software development. ➡️ I just need to build the logic using the interface, check the preview multiple times to refine features, and then download or push the code to GitHub. The benefits are obvious: ⚡ Much faster compared to writing codes 🔄 Iteration & improvements done quickly. 🚀 Idea to basic tiny MVP within few hours. 🧩 Non-developers can build the initial prototype ✅We use https://quickadminpanel.com/ to quickly build admin panel. It provides CRUD, Authentication, Authorisation, API, Model, View, and Controller in PHP Laravel frameworks. &#x200B; 2/ Using AI: Once adminpanel is ready, customers get to see something tangible from his idea. It also uncovers many unseen features, benefits, and roadblocks for us & customers. No-code tools already did a lot of work for us, now we improve the logic where required, build new interfaces, and do integrations. With chatGPT as a development companion, it makes the entire development and design superfast. by helping to build logic quickly, automate mundane tasks, and overcome any roadblocks. &#x200B; Some of our common use cases are: ➡️ Writing PRD ➡️ Brand Guidelines - Color pallet selection, Fonts, images, etc based on targetted niche. ➡️ Designing new component ➡️ Logic building & solving ➡️ Automated Recurring tasks ✅ We use a combination of chatGPT & Github Copilot for AI Assistance. &#x200B; 3/ Using No-Code: ➡️ Allows to quickly build without writing code. ➡️ Provides complete end-to-end solution (application hosting, database hosting, API integrations, etc) ➡️ Unlike Low-code it doesn't provide an option to download code. ✅ Once the MVP is done, we use FormNX to quickly build various types of forms required, like contact forms, Survey forms, initial waiting list forms, Churn Survey forms, Webinar registration & much more. With this customers can build/change forms, embed them in cms, or share them on social media without relying on developers. \\\\\* Doing these 3 has truly helped our agency, leading to substantial time savings, revenue growth, and improved client satisfaction. If you’re an agency owner, i highly recommend doing it to supercharge your agency's growth. If any questions feel free to comment below, happy to help.

12 months ago, I was unemployed. Last week my side hustle got acquired by a $500m fintech company

I’ve learned so much over the years from this subreddit. I thought I’d return the favour and share some of my own learnings. In November 2020 my best friend and I had an idea. “What if we could find out which stocks the Internet is talking about?” This formed the origins of Ticker Nerd. 9 months later we sold Ticker Nerd to Finder (an Australian fintech company valued at around $500m). In this post, I am going to lay out how we got there. How we came up with the idea First off, like other posts have covered - you don’t NEED a revolutionary or original idea to build a business. There are tonnes of “boring” businesses making over 7 figures a year e.g. law firms, marketing agencies, real estate companies etc. If you’re looking for an exact formula to come up with a great business idea I’m sorry, but it doesn’t exist. Finding new business opportunities is more of an art than a science. Although, there are ways you can make it easier to find inspiration. Below are the same resources I use for inspiration. I rarely ever come up with ideas without first searching one of the resources below for inspiration: Starter Story Twitter Startup Ideas My First Million Trends by the Hustle Trends VC To show how you how messy, random and unpredictable it can be to find an idea - let me explain how my co-founder and I came up with the idea for Ticker Nerd: We discovered a new product on Twitter called Exploding Topics. It was a newsletter that uses a bunch of software and algorithms to find trends that are growing quickly before they hit the mainstream. I had recently listened to a podcast episode from My First Million where they spoke about Motley Fool making hundreds of millions from their investment newsletters. We asked ourselves what if we could build a SaaS platform similar to Exploding Topics but it focused on stocks? We built a quick landing page using Carrd + Gumroad that explained what our new idea will do and included a payment option to get early access for $49. We called it Exploding Stock (lol). We shared it around a bunch of Facebook groups and subreddits. We made $1,000 in pre-sales within a couple days. My co-founder and I can’t code so we had to find a developer to build our idea. We interviewed a bunch of potential candidates. Meanwhile, I was trawling through Wall Street Bets and found a bunch of free tools that did roughly what we wanted to build. Instead of building another SaaS tool that did the same thing as these free tools we decided to pivot from our original idea. Our new idea = a paid newsletter that sends a weekly report that summarises 2 of the best stocks that are growing in interest on the Internet. We emailed everyone who pre-ordered access, telling them about the change and offered a full refund if they wanted. tl;dr: We essentially combined two existing businesses (Exploding Topics and Motley Fool) and made it way better. We validated the idea by finding out if people will actually pay money for it BEFORE we decided to build it. The idea we started out with changed over time. How to work out if your idea will actually make money It’s easy to get hung up on designing the logo or choosing the perfect domain name for your new idea. At this stage none of that matters. The most important thing is working out if people will pay money for it. This is where validation comes in. We usually validate ideas using Carrd. It lets you build a simple one page site without having to code. The Ticker Nerd site was actually built using a Carrd template. Here’s how you can do it yourself (at a high level): Create a Carrd pro account (yes it's a $49 one off payment but you’ll get way more value out of it). Buy a cheap template and send it to your Carrd account. You can build your own template but this will save you a lot of time. Once the template reaches your Carrd account, duplicate it. Leave the original so it can be duplicated for other ideas. Jump onto Canva (free) and create a logo using the free logos provided. Import your logo. Add copy to the page that explains your idea. Use the AIDA formula. Sign up to Gumroad (free) and create a pre-sale campaign. Create a discounted lifetime subscription or version of the product. This will be used pre-sales. Add the copy from the site into the pre-sale campaign on Gumroad. Add a ‘widget’ to Carrd and connect it to Gumroad using the existing easy integration feature. Purchase a domain name. Connect it to Carrd. Test the site works. Share your website Now the site is ready you can start promoting it in various places to see how the market reacts. An easy method is to find relevant subreddits using Anvaka (Github tool) or Subreddit Stats. The Anvaka tool provides a spider map of all the connected subreddits that users are active in. The highlighted ones are most relevant. You can post a thread in these subreddits that offer value or can generate discussion. For example: ‘I’m creating a tool that can write all your copy, would anyone actually use this?’ ‘What does everything think of using AI to get our copy written faster?’ ‘It’s time to scratch my own itch, I’m creating a tool that writes marketing copy using GPT-3. What are the biggest problems you face writing marketing copy? I’ll build a solution for it’ Reddit is pretty brutal these days so make sure the post is genuine and only drop your link in the comments or in the post if it seems natural. If people are interested they’ll ask for the link. Another great place to post is r/entrepreuerridealong and r/business_ideas. These subreddits expect people to share their ideas and you’ll likely make some sales straight off the bat. I also suggest posting in some Facebook groups (related to your idea) as well just for good measure. Assess the results If people are paying you for early access you can assume that it’s worth building your idea. The beauty of posting your idea on Reddit or in Facebook groups is you’ll quickly learn why people love/hate your idea. This can help you decide how to tweak the idea or if you should drop it and move on to the next one. How we got our first 100 customers (for free) By validating Ticker Nerd using subreddits and Facebook groups this gave us our first paying customers. But we knew this wouldn’t be sustainable. We sat down and brainstormed every organic strategy we could use to get traction as quickly as possible. The winner: a Product Hunt launch. A successful Product Hunt launch isn’t easy. You need: Someone that has a solid reputation and audience to “hunt” your product (essentially an endorsement). An aged Product Hunt account - you can’t post any products if your account is less than a week old. To be following relevant Product Hunt members - since they get notified when you launch a new product if they’re following you. Relationships with other builders and makers on Product Hunt that also have a solid reputation and following. Although, if you can pull it off you can get your idea in front of tens of thousands of people actively looking for new products. Over the next few weeks, I worked with my co-founder on connecting with different founders, indie hackers and entrepreneurs mainly via Twitter. We explained to them our plans for the Product Hunt launch and managed to get a small army of people ready to upvote our product on launch day. We were both nervous on the day of the launch. We told ourselves to have zero expectations. The worst that could happen was no one signed up and we were in the same position as we’re in now. Luckily, within a couple of hours Ticker Nerd was on the homepage of Product Hunt and in the top 10. The results were instant. After 24 hours we had around 200 people enter their payment details to sign up for our free trial. These signups were equal to around $5,800 in monthly recurring revenue. \-- I hope this post was useful! Drop any questions you have below and I’ll do my best to respond :)

Made $19.2k this month, and just surpassed $1000 the last 24 hours. What I did and what's next.

It's the first time I hit $1000+ in 24 hours and I had no one to share it with (except you guys). I'm quite proud of my journey, and I would have thought that making $1000 in a day would make me ecstatic, but actually it's not the case. Not sure if it's because my revenue has grown by increment step so I had time to "prepare" myself to achieve this at one point, or just that I'm nowhere near my goal of 100k/month so that I'm not that affected by it. But it's crazy to think that my goal was to make 100$ daily at the end of 2024. So for those who don't know me (I guess most of you), I build mobile apps and ship them as fast as I can. Most of them are in the AI space. I already made a post here on how I become a mobile app developer so you can check it for more details, but essentially here's what I did : Always loved creating my own things and solve problems Built multiple YouTube channels since I was 15 (mobile gaming actually) that all worked great (but it was too niche so not that scalable, didn't like that) Did a few businesses here and there (drop shopping, selling merch to school, etc) Finished my master's degree in engineering about 2 years ago Worked a moment in a famous watch industry company and saw my potential. The combo of health issues, fixed salary (although it was quite a lot), and me wanting to be an entrepreneur made me leave the company. Created a TikTok account in mobile tech (got 10+ million views the 1st 3 days), manage to grow it to 200k subs in about 3 months Got plenty of collabs for promoting mobile apps (between $500 - $2000 for a collab) Said fuck it I should do my own apps and market them on my TikTok instead of doing collabs Me wanting to build my own apps happened around May-June 2023. Started my TikTok in Feb 2023. At this point I had already 150k+ subs on TikTok. You guys need to know that I suck at coding big time. During my studies I tried to limit as much as I could coding because I was a lazy bast*rd, even though I knew it would come to bite me in the ass one day. But an angel appeared to me in broad daylight, that angel was called GPT-4. I subscribed for 20$/month to get access, and instantly I saw the potential of AI and how much it could help me. Last year GPT-4 was ahead of its time and could already code me basic apps. I had already a mac so I just downloaded Xcode and that was it. My 1st app was a wallpaper app, and I kid you not 90% of it was made by AI. Yes sometimes I had to try again and again with different prompts but it was still so much faster compared to if I had to learn coding from scratch and write code with my own hands. The only thing I didn't do was implement the in app purchase, from which I find a guy on Fiverr to do it for me for 50$. After about 2 months of on-off coding, my first app was ready to be launched. So it was launched, had a great successful launch without doing any videos at that point (iOS 17 was released and my app was the first one alongside another one to offer live wallpapers for iOS 17. I knew that there was a huge app potential there when iOS 17 was released in beta as Apple changed their live wallpaper feature). I Then made a video a few weeks after on my mobile tiktok channel, made about 1 million views in 48 hours, brought me around 40k additional users. Was top 1 chart in graphism and design category for a few weeks (in France, as I'm French so my TikTok videos are in French). And was top 100 in that same category in 120+ countries. Made about 500$ ? Okay that was trash, but I had no idea to monetize the app correctly at that point. It was still a huge W to me and proved me that I could successfully launch apps. Then I learned ASO (App Store Optimization) in depth, searched on internet, followed mobile app developers on Twitter, checked YouTube videos, you name it. I was eager to learn more. I needed more. Then I just iterated, build my 2nd app in less than a month, my 3rd in 3 weeks and so on. I just build my 14th app in 3 days and is now in review. Everytime I manage to reuse some of my other app's code in my new one, which is why I can build them so much faster now. I know how to monetize my app better by checking out my competitors. I learn so much by just "spying" other apps. Funnily enough, I only made this one Tiktok video on my main account to promote my app. For all my other apps, I didn't do a single video where I showcase it, the downloads has only been thanks to ASO. I still use AI everyday. I'm still not good at coding (a bit better than when I started). I use AI to create my app icons (midjourney or the new AI model Flux which is great). I use figma + midjourney to create my App Store screenshots (and they actually look quite good). I use GPT-4o and Claude 3.5 Sonnet to code most of my apps features. I use gpt-4o to localize my app (if you want to optimize the number of downloads I strongly suggest localizing your app, it takes me about 10 minutes thanks to AI). Now what are my next goals ? To achieve the 100k/month I need to change my strategy a little. Right now the $20k/month comes from purely organic downloads, I didn't do any paid advertising. It will be hard for me to keep on launching new apps and rely on ASO to reach the 100k mark. The best bet to reach 100k is to collab with content creators and they create a viral video showcasing your app. Depending on the app it's not that easy, luckily some of my apps can be viral so I will need to find the right content creators. Second way is to try tiktok/meta ads, I can check (have checked) all the ads that have been made by my competitors (thank you EU), so what I would do is copy their ad concept and create similar ads than them. Some of them have millions in ad budget so I know they create high converting ads, so you don't need to try to create an ad creative from scratch. My only big fear is to get banned by Apple (for no reason of mine). In just a snap of a finger they can just ban you from the platform, that shit scares me. And you pretty much can't do anything. So that's about it for me. I'm quite proud of myself not going to lie. Have been battling so many health issues these past years where I just stay in bed all day I'm surprised to be able to make it work. Anyways feel free to ask questions. I hope it was interesting for some of you at least. PS: My new app was just approved by app review, let the app gods favor me and bring me many downloads ! Also forgot to talk about a potential $100k+ acquisition of one of my apps, but if that ever happens I'll make a post on it.

If only someone told me this before my first startup

If only someone told me this before my first startup: Validate idea first. I wasted a decade building stuff nobody needed. Incubators and VCs served to me as a validation, but I was so wrong. Kill my EGO. It’s not about me, but the user. I must want what the user wants, not what I want. My taste isn't important. The user has expectations, and I must fulfill them. Don’t chaise investors. Chase users, and then investors will be chasing me. I've never had more incoming interest from VC than now when I'm the least interested in them. Never hire managers. Only hire doers until PMF. So many people know how to manage people and so few can actually get sh\*t done barehand. Landing page is the least important thing in a startup. Pick a simple template, edit texts with a no-code website builder in less than an hour and that's it! At the early stage, I win traffic outside of my website, people are already interested, so don't make them search for the signup button among the texts! Focus on conversion optimization only when the traffic is consistent. Keep it to one page. Nobody gonna browse this website. Hire only fullstack devs. There is nothing less productive in this world than a team of developers for an early-stage product. One full stack dev building the whole product. That’s it. Chase global market from day 1. If the product and marketing are good, it will work on the global market too, if it’s bad, it won’t work on the local market too. So better go global from day 1, so that if it works, the upside is 100x bigger. I launched all startups for the Norwegian market, hoping we will scale to international at some point. I wish I launched to international from day 1 as I do now. The size of the market is 10000x bigger. I can validate and grow products in days, not in years as it used to be. Do SEO from day 2. As early as I can. I ignored this for 14 years. It’s my biggest regret. It takes just 5 minutes to get it done on my landing page. I go to Google Keyword Planner, enter a few keywords around my product, sort them by traffic, filter out high competition kws, pick the top 10, and place them natively on my home page and meta tags. Add one blog article every week. Either manually or by paying for an AI blogging tool. Sell features, before building them. Ask existing users if they want this feature. I run DMs with 10-20 users every day, where I chat about all my ideas and features I wanna add. I clearly see what resonates with me most and only go build those. If I don't have followers, try HN, Reddit, or just search on X for posts and ask it in the replies. People are helpful, they will reply if the question is easy to understand. Hire only people I would wanna hug. My cofounder, an old Danish man said this to me in 2015. And it was a big shift. I realized that if I don’t wanna hug the person, it means I dislike them on a chemical/animal level. Even if I can’t say why, but that’s the fact. Sooner or later, we would have a conflict and eventually break up. It takes up to 10 years to build a startup, make sure I do it with people I have this connection with. Invest all money into my startups and friends. Not crypt0, not stockmarket, not properties. I did some math, if I kept investing all my money into all my friends’ startups, that would be about 70 investments. 3 of them turned into unicorns eventually. Even 1 would have made the bank. Since 2022, I have invested all my money into my products, friends, and network. If I don't have friends who do startups, invest it in myself. Post on Twitter daily. I started posting here in March last year. It’s my primary source of new connections and growth. I could have started it earlier, I don't know why I didn't. Don’t work/partner with corporates. Corporations always seem like an amazing opportunity. They’re big and rich, they promise huge stuff, millions of users, etc. But every single time none of this happens. Because I talk to a regular employees there. They waste my time, destroy focus, shift priorities, and eventually bring in no users/money. Don’t get ever distracted by hype e.g. crypt0. I lost 1.5 years of my life this way. I met the worst people along the way. Fricks, scammers, thieves. Some of my close friends turned into thieves along the way, just because it was so common in that space. I wish this didn’t happen to me. I wish I was stronger and stayed on my mission. Don’t build consumer apps. Only b2b. Consumer apps are so hard, like a lottery. It’s just 0.00001% who make it big. The rest don’t. Even if I got many users, then there is a monetization challenge. I’ve spent 4 years in consumer apps and regret it. Don’t hold on bad project for too long, max 1 year. Some projects just don’t work. In most cases, it’s either the idea that’s so wrong that I can’t even pivot it or it’s a team that is good one by one but can’t make it as a team. Don’t drag this out for years. Tech conferences are a waste of time. They cost money, take energy, and time and I never really meet anyone there. Most people there are the “good” employees of corporations who were sent there as a perk for being loyal to the corporation. Very few fellow makers. Scrum is a Scam. For small teams and bootstrapped teams. If I had a team that had to be nagged every morning with questions as if they were children in kindergarten, then things would eventually fail. The only good stuff I managed to do happened with people who were grownups and could manage their stuff on their own. We would just do everything over chat as a sync on goals and plans. Outsource nothing at all until PMF. In a startup, almost everything needs to be done in a slightly different way, more creative, and more integrated into the vision. When outsourcing, the external members get no love and no case for the product. It’s just yet another assignment in their boring job. Instead of coming up with great ideas for my project they will be just focusing on ramping up their skills to get a promotion or a better job offer. Bootstrap. I spent way too much time raising money. I raised more than 10 times, preseed, seeded, and series A. But each time it was a 3-9 month project, meetings every week, and lots of destruction. I could afford to bootstrap, but I still went the VC-funded way, I don’t know why. To be honest, I didn’t know bootstrapping was a thing I could do or anyone does. It may take a decade. When I was 20, I was convinced it takes a few years to build and succeed with a startup. So I kept pushing my plans forward, to do it once I exited. Family, kids. I wish I married earlier. I wish I had kids earlier. No Free Tier. I'd launch a tool with a free tier, and it'd get sign-ups, but very few would convert. I'd treat free sign-ups as KPIs and run on it for years. I'd brag about signups and visitors. I'd even raise VC money with these stats. But eventually, I would fail to reach PMF. Because my main feedback would come from free users and the product turned into a perfect free product. Once I switched to "paid only" until I validated the product, things went really well. Free and paid users often need different products. Don't fall into this trap as I did. Being To Cheap. I always started by checking all competitors and setting the lowest price. I thought this would be one of the key advantages of my product. But no, I was wrong. The audience on $5 and $50 are totally different. $5: pain in the \*ss, never happy, never recommend me to a friend, leave in 4 months. $50: polite, give genuine feedback, happy, share with friends, become my big fan if I solve their request. I will fail. When I started my first startup. I thought if I did everything right, it would work out. But it turned out that almost every startup fails. I wish I knew that and I tried to fail faster, to get to the second iteration, then to the third, and keep going on, until I either find out nothing works or make it work. Use boilerplates. I wasted years of dev time and millions of VC money to pay for basic things. To build yet another sidebar, yet another dashboard, and payment integration... I had too much pride, I couldn't see myself taking someone else code as a basis for my product. I wanted it to be 100% mine, original, from scratch. Because my product seems special to me. Spend more time with Family & Friends. I missed the weddings of all my best friends and family. I was so busy. I thought if I didn't do it on time, the world would end. Looking back today, it was so wrong. I meet my friends and can't share those memories with them, which makes me very sad. I realized now, that spending 10% of my time with family and friends would practically make no negative impact on my startups. Build Products For Audiences I Love. I never thought of this. I'd often build products either for corporates, consumers, or for developers. It turns out I have no love for all 3. But I deeply love indie founders. Because they are risk-takers and partly kids in their hearts. Once I switched the focus to indie makers on my products, my level of joy increased by 100x for me. Ignore Badges and Awards I was chasing those awards just like everyone else. Going to ceremonies, signing up for events and stuff. I've won tons of awards, but none of those were eventually useful to my business. I better focused on my business and users. Write Every Single Day. When I was a kid, I loved writing stories. In school, they would give an assignment, and I'd often write a long story for it, however, the teacher would put an F on it. The reason was simple, I had an issue with the direction of the letters and the sequence of letters in the words. I still have it, it's just the Grammarly app helping me to correct these issues. So the teacher would fail my stories because almost every sentence had a spelling mistake that I couldn't even see. It made me think I'm made at writing. So I stopped, for 15 years. But I kept telling stories all these years. Recently I realized that in any group, the setup ends up turning into me telling stories to everyone. So I tried it all again, here on X 10 months ago. I love it, the process, the feedback from people. I write every day. I wish I had done it all these years. The End. \ this is an updated version of my post on the same topic from 2 months ago. I've edited some of the points and added 9 new ones.* \\ This is not advice, it's my self-reflection that might help you avoid same mistakes if you think those were mistakes

I run an AI automation agency (AAA). My honest overview and review of this new business model

I started an AI tools directory in February, and then branched off that to start an AI automation agency (AAA) in June. So far I've come across a lot of unsustainable "ideas" to make money with AI, but at the same time a few diamonds in the rough that aren't fully tapped into yet- especially the AAA model. Thought I'd share this post to shine light into this new business model and share some ways you could potentially start your own agency, or at the very least know who you are dealing with and how to pick and choose when you (inevitably) get bombarded with cold emails from them down the line. Foreword Running an AAA does NOT involve using AI tools directly to generate and sell content directly. That ship has sailed, and unless you are happy with $5 from Fiverr every month or so, it is not a real business model. Cry me a river but generating generic art with AI and slapping it onto a T-shirt to sell on Etsy won't make you a dime. At the same time, the AAA model will NOT require you to have a deep theoretical knowledge of AI, or any academic degree, as we are more so dealing with the practical applications of generative AI and how we can implement these into different workflows and tech-stacks, rather than building AI models from the ground up. Regardless of all that, common sense and a willingness to learn will help (a shit ton), as with anything. Keep in mind - this WILL involve work and motivation as well. The mindset that AI somehow means everything can be done for you on autopilot is not the right way to approach things. The common theme of businesses I've seen who have successfully implemented AI into their operations is the willingess to work with AI in a way that augments their existing operations, rather than flat out replace a worker or team. And this is exactly the train of thought you need when working with AI as a business model. However, as the field is relatively unsaturated and hype surrounding AI is still fresh for enterprises, right now is the prime time to start something new if generative AI interests you at all. With that being said, I'll be going over three of the most successful AI-adjacent businesses I've seen over this past year, in addition to some tips and resources to point you in the right direction. so.. WTF is an AI Automation Agency? The AI automation agency (or as some YouTubers have coined it, the AAA model) at its core involves creating custom AI solutions for businesses. I have over 1500 AI tools listed in my directory, however the feedback I've received from some enterprise users is that ready-made SaaS tools are too generic to meet their specific needs. Combine this with the fact virtually no smaller companies have the time or skills required to develop custom solutions right off the bat, and you have yourself real demand. I would say in practice, the AAA model is quite similar to Wordpress and even web dev agencies, with the major difference being all solutions you develop will incorporate key aspects of AI AND automation. Which brings me to my second point- JUST AI IS NOT ENOUGH. Rather than reducing the amount of time required to complete certain tasks, I've seen many AI agencies make the mistake of recommending and (trying to) sell solutions that more likely than not increase the workload of their clients. For example, if you were to make an internal tool that has AI answer questions based on their knowledge base, but this knowledge base has to be updated manually, this is creating unnecessary work. As such I think one of the key components of building successful AI solutions is incorporating the new (Generative AI/LLMs) with the old (programmtic automation- think Zapier, APIs, etc.). Finally, for this business model to be successful, ideally you should target a niche in which you have already worked and understand pain points and needs. Not only does this make it much easier to get calls booked with prospects, the solutions you build will have much greater value to your clients (meaning you get paid more). A mistake I've seen many AAA operators make (and I blame this on the "Get Rich Quick" YouTubers) is focusing too much on a specific productized service, rather than really understanding the needs of businesses. The former is much done via a SaaS model, but when going the agency route the only thing that makes sense is building custom solutions. This is why I always take a consultant-first approach. You can only build once you understand what they actually need and how certain solutions may impact their operations, workflows, and bottom-line. Basics of How to Get Started Pick a niche. As I mentioned previously, preferably one that you've worked in before. Niches I know of that are actively being bombarded with cold emails include real estate, e-commerce, auto-dealerships, lawyers, and medical offices. There is a reason for this, but I will tell you straight up this business model works well if you target any white-collar service business (internal tools approach) or high volume businesses (customer facing tools approach). Setup your toolbox. If you wanted to start a pressure washing business, you would need a pressure-washer. This is no different. For those without programming knowledge, I've seen two common ways AAA get setup to build- one is having a network of on-call web developers, whether its personal contacts or simply going to Upwork or any talent sourcing agency. The second is having an arsenal of no-code tools. I'll get to this more in a second, but this works beecause at its core, when we are dealing with the practical applications of AI, the code is quite simple, simply put. Start cold sales. Unless you have a network already, this is not a step you can skip. You've already picked a niche, so all you have to do is find the right message. Keep cold emails short, sweet, but enticing- and it will help a lot if you did step 1 correctly and intimately understand who your audience is. I'll be touching base later about how you can leverage AI yourself to help you with outreach and closing. The beauty of gen AI and the AAA model You don't need to be a seasoned web developer to make this business model work. The large majority of solutions that SME clients want is best done using an API for an LLM for the actual AI aspect. The value we create with the solutions we build comes with the conceptual framework and design that not only does what they need it to but integrates smoothly with their existing tech-stack and workflow. The actual implementation is quite straightforward once you understand the high level design and know which tools you are going to use. To give you a sense, even if you plan to build out these apps yourself (say in Python) the large majority of the nitty gritty technical work has already been done for you, especially if you leverage Python libraries and packages that offer high level abstraction for LLM-related functions. For instance, calling GPT can be as little as a single line of code. (And there are no-code tools where these functions are simply an icon on a GUI). Aside from understanding the capabilities and limitations of these tools and frameworks, the only thing that matters is being able to put them in a way that makes sense for what you want to build. Which is why outsourcing and no-code tools both work in our case. Okay... but how TF am I suppposed to actually build out these solutions? Now the fun part. I highly recommend getting familiar with Langchain and LlamaIndex. Both are Python libraires that help a lot with the high-level LLM abstraction I mentioned previously. The two most important aspects include being able to integrate internal data sources/knowledge bases with LLMs, and have LLMs perform autonomous actions. The two most common methods respectively are RAG and output parsing. RAG (retrieval augmented Generation) If you've ever seen a tool that seemingly "trains" GPT on your own data, and wonder how it all works- well I have an answer from you. At a high level, the user query is first being fed to what's called a vector database to run vector search. Vector search basically lets you do semantic search where you are searching data based on meaning. The vector databases then retrieves the most relevant sections of text as it relates to the user query, and this text gets APPENDED to your GPT prompt to provide extra context to the AI. Further, with prompt engineering, you can limit GPT to only generate an answer if it can be found within this extra context, greatly limiting the chance of hallucination (this is where AI makes random shit up). Aside from vector databases, we can also implement RAG with other data sources and retrieval methods, for example SQL databses (via parsing the outputs of LLM's- more on this later). Autonomous Agents via Output Parsing A common need of clients has been having AI actually perform tasks, rather than simply spitting out text. For example, with autonomous agents, we can have an e-commerce chatbot do the work of a basic customer service rep (i.e. look into orders, refunds, shipping). At a high level, what's going on is that the response of the LLM is being used programmtically to determine which API to call. Keeping on with the e-commerce example, if I wanted a chatbot to check shipping status, I could have a LLM response within my app (not shown to the user) with a prompt that outputs a random hash or string, and programmatically I can determine which API call to make based on this hash/string. And using the same fundamental concept as with RAG, I can append the the API response to a final prompt that would spit out the answer for the user. How No Code Tools Can Fit In (With some example solutions you can build) With that being said, you don't necessarily need to do all of the above by coding yourself, with Python libraries or otherwise. However, I will say that having that high level overview will help IMMENSELY when it comes to using no-code tools to do the actual work for you. Regardless, here are a few common solutions you might build for clients as well as some no-code tools you can use to build them out. Ex. Solution 1: AI Chatbots for SMEs (Small and Medium Enterprises) This involves creating chatbots that handle user queries, lead gen, and so forth with AI, and will use the principles of RAG at heart. After getting the required data from your client (i.e. product catalogues, previous support tickets, FAQ, internal documentation), you upload this into your knowledge base and write a prompt that makes sense for your use case. One no-code tool that does this well is MyAskAI. The beauty of it especially for building external chatbots is the ability to quickly ingest entire websites into your knowledge base via a sitemap, and bulk uploading files. Essentially, they've covered the entire grunt work required to do this manually. Finally, you can create a inline or chat widget on your client's website with a few lines of HTML, or altneratively integrate it with a Slack/Teams chatbot (if you are going for an internal Q&A chatbot approach). Other tools you could use include Botpress and Voiceflow, however these are less for RAG and more for building out complete chatbot flows that may or may not incorporate LLMs. Both apps are essentially GUIs that eliminate the pain and tears and trying to implement complex flows manually, and both natively incoporate AI intents and a knowledge base feature. Ex. Solution 2: Internal Apps Similar to the first example, except we go beyond making just chatbots but tools such as report generation and really any sort of internal tool or automations that may incorporate LLM's. For instance, you can have a tool that automatically generates replies to inbound emails based on your client's knowledge base. Or an automation that does the same thing but for replies to Instagram comments. Another example could be a tool that generates a description and screeenshot based on a URL (useful for directory sites, made one for my own :P). Getting into more advanced implementations of LLMs, we can have tools that can generate entire drafts of reports (think 80+ pages), based not only on data from a knowledge base but also the writing style, format, and author voice of previous reports. One good tool to create content generation panels for your clients would be MindStudio. You can train LLM's via prompt engineering in a structured way with your own data to essentially fine tune them for whatever text you need it to generate. Furthermore, it has a GUI where you can dictate the entire AI flow. You can also upload data sources via multiple formats, including PDF, CSV, and Docx. For automations that require interactions between multiple apps, I recommend the OG zapier/make.com if you want a no-code solution. For instance, for the automatic email reply generator, I can have a trigger such that when an email is received, a custom AI reply is generated by MyAskAI, and finally a draft is created in my email client. Or, for an automation where I can create a social media posts on multiple platforms based on a RSS feed (news feed), I can implement this directly in Zapier with their native GPT action (see screenshot) As for more complex LLM flows that may require multiple layers of LLMs, data sources, and APIs working together to generate a single response i.e. a long form 100 page report, I would recommend tools such as Stack AI or Flowise (open-source alternative) to build these solutions out. Essentially, you get most of the functions and features of Python packages such as Langchain and LlamaIndex in a GUI. See screenshot for an example of a flow How the hell are you supposed to find clients? With all that being said, none of this matters if you can't find anyone to sell to. You will have to do cold sales, one way or the other, especially if you are brand new to the game. And what better way to sell your AI services than with AI itself? If we want to integrate AI into the cold outreach process, first we must identify what it's good at doing, and that's obviously writing a bunch of text, in a short amount of time. Similar to the solutions that an AAA can build for its clients, we can take advantage of the same principles in our own sales processes. How to do outreach Once you've identified your niche and their pain points/opportunities for automation, you want to craft a compelling message in which you can send via cold email and cold calls to get prospects booked on demos/consultations. I won't get into too much detail in terms of exactly how to write emails or calling scripts, as there are millions of resources to help with this, but I will tell you a few key points you want to keep in mind when doing outreach for your AAA. First, you want to keep in mind that many businesses are still hesitant about AI and may not understand what it really is or how it can benefit their operations. However, we can take advantage of how mass media has been reporting on AI this past year- at the very least people are AWARE that sooner or later they may have to implement AI into their businesses to stay competitive. We want to frame our message in a way that introduces generative AI as a technology that can have a direct, tangible, and positive impact on their business. Although it may be hard to quantify, I like to include estimates of man-hours saved or costs saved at least in my final proposals to prospects. Times are TOUGH right now, and money is expensive, so you need to have a compelling reason for businesses to get on board. Once you've gotten your messaging down, you will want to create a list of prospects to contact. Tools you can use to find prospects include Apollo.io, reply.io, zoominfo (expensive af), and Linkedin Sales Navigator. What specific job titles, etc. to target will depend on your niche but for smaller companies this will tend to be the owner. For white collar niches, i.e. law, the professional that will be directly benefiting from the tool (i.e. partners) may be better to contact. And for larger organizations you may want to target business improvement and digital transformation leads/directors- these are the people directly in charge of projects like what you may be proposing. Okay- so you have your message, and your list, and now all it comes down to is getting the good word out. I won't be going into the details of how to send these out, a quick Google search will give you hundreds of resources for cold outreach methods. However, personalization is key and beyond simple dynamic variables you want to make sure you can either personalize your email campaigns directly with AI (SmartWriter.ai is an example of a tool that can do this), or at the very least have the ability to import email messages programmatically. Alternatively, ask ChatGPT to make you a Python Script that can take in a list of emails, scrape info based on their linkedin URL or website, and all pass this onto a GPT prompt that specifies your messaging to generate an email. From there, send away. How tf do I close? Once you've got some prospects booked in on your meetings, you will need to close deals with them to turn them into clients. Call #1: Consultation Tying back to when I mentioned you want to take a consultant-first appraoch, you will want to listen closely to their goals and needs and understand their pain points. This would be the first call, and typically I would provide a high level overview of different solutions we could build to tacke these. It really helps to have a presentation available, so you can graphically demonstrate key points and key technologies. I like to use Plus AI for this, it's basically a Google Slides add-on that can generate slide decks for you. I copy and paste my default company messaging, add some key points for the presentation, and it comes out with pretty decent slides. Call #2: Demo The second call would involve a demo of one of these solutions, and typically I'll quickly prototype it with boilerplate code I already have, otherwise I'll cook something up in a no-code tool. If you have a niche where one type of solution is commonly demanded, it helps to have a general demo set up to be able to handle a larger volume of calls, so you aren't burning yourself out. I'll also elaborate on how the final product would look like in comparison to the demo. Call #3 and Beyond: Once the initial consultation and demo is complete, you will want to alleviate any remaining concerns from your prospects and work with them to reach a final work proposal. It's crucial you lay out exactly what you will be building (in writing) and ensure the prospect understands this. Furthermore, be clear and transparent with timelines and communication methods for the project. In terms of pricing, you want to take this from a value-based approach. The same solution may be worth a lot more to client A than client B. Furthermore, you can create "add-ons" such as monthly maintenance/upgrade packages, training sessions for employeees, and so forth, separate from the initial setup fee you would charge. How you can incorporate AI into marketing your businesses Beyond cold sales, I highly recommend creating a funnel to capture warm leads. For instance, I do this currently with my AI tools directory, which links directly to my AI agency and has consistent branding throughout. Warm leads are much more likely to close (and honestly, much nicer to deal with). However, even without an AI-related website, at the very least you will want to create a presence on social media and the web in general. As with any agency, you will want basic a professional presence. A professional virtual address helps, in addition to a Google Business Profile (GBP) and TrustPilot. a GBP (especially for local SEO) and Trustpilot page also helps improve the looks of your search results immensely. For GBP, I recommend using ProfilePro, which is a chrome extension you can use to automate SEO work for your GBP. Aside from SEO optimzied business descriptions based on your business, it can handle Q/A answers, responses, updates, and service descriptions based on local keywords. Privacy and Legal Concerns of the AAA Model Aside from typical concerns for agencies relating to service contracts, there are a few issues (especially when using no-code tools) that will need to be addressed to run a successful AAA. Most of these surround privacy concerns when working with proprietary data. In your terms with your client, you will want to clearly define hosting providers and any third party tools you will be using to build their solution, and a DPA with these third parties listed as subprocessors if necessary. In addition, you will want to implement best practices like redacting private information from data being used for building solutions. In terms of addressing concerns directly from clients, it helps if you host your solutions on their own servers (not possible with AI tools), and address the fact only ChatGPT queries in the web app, not OpenAI API calls, will be used to train OpenAI's models (as reported by mainstream media). The key here is to be open and transparent with your clients about ALL the tools you are using, where there data will be going, and make sure to get this all in writing. have fun, and keep an open mind Before I finish this post, I just want to reiterate the fact that this is NOT an easy way to make money. Running an AI agency will require hours and hours of dedication and work, and constantly rearranging your schedule to meet prospect and client needs. However, if you are looking for a new business to run, and have a knack for understanding business operations and are genuinely interested in the pracitcal applications of generative AI, then I say go for it. The time is ticking before AAA becomes the new dropshipping or SMMA, and I've a firm believer that those who set foot first and establish themselves in this field will come out top. And remember, while 100 thousand people may read this post, only 2 may actually take initiative and start.

Demo: Scalable Custom Lead Generation for Tech Sales Reps?

Hey, Is anyone interested in relevant, recent, and validated tech sales leads w/ customized intro messages? I am building an AI solution that finds recent technical product problems and generates a custom introduction message. Here is an example situation and output.  I found a profitable graphic design tool product. I leveraged their product reviews to build a custom message for the product owner. Example Email Subject: Follow-Up on Feature Requests: Blending, Layering, and Export Formats Hi \[Product Owner\], I hope this message finds you well! My team and I have been analyzing recent feedback from users regarding \[App Name\], and I wanted to share some insights related to key feature requests that seem to resonate strongly with the community. Specifically, we’ve noticed recurring themes in the reviews regarding: Blending Tools: Users are finding the blending tools unintuitive and requiring extra steps compared to competitors. Additionally, there have been reports of crashes when using certain features like the paint-all tool for blending. Layering Capabilities: Many users are requesting unlimited layers and improvements in layer management (e.g., better renaming workflows to avoid visibility issues). Export Formats: Exporting to high-quality PSD and PNG is inconsistent, with issues such as loss of alpha transparency and layer data being highlighted. Users are eager for a more seamless export experience. Here are a few examples from recent reviews to illustrate these concerns: "Blending tools demand several additional steps, making them less streamlined than those offered by competitors." "Users are frustrated by the lack of unlimited layers, citing the inconvenience of having to save and re-import images to extend layer capacity." "The most recent update appears to have disrupted the Export function, as attempts to export drawings are unresponsive." Given how frequently these requests appear in the feedback, I wanted to touch base to understand how your team is currently approaching these areas. Are there any updates or plans in motion to address these features? We’re really excited to see where the app goes next and would love to assist in gathering more structured user insights if that would be helpful! Looking forward to your thoughts. Warm regards, \[Your Full Name\] \[Your Position\] \[Your Contact Information\] \---------------------------------------------------------------------------------------------- This approach demonstrates sincerity in understanding their business and lays a foundation to build a trusted advisor relationship. What do you all think? Is anyone interested in seeing a full demo? I would love to get some feedback.

The delicate balance of building an online community business

Hey /r/Entrepreneur 👋 Just under two years ago I launched an online community business called Traffic Think Tank with two other co-founders, Nick Eubanks and Ian Howells. As a Traffic Think Tank customer you (currently) pay $119 a month to get access to our online community, which is run through Slack. The community is focused on helping you learn various aspects of marketing, with a particular focus on search engine optimization (SEO). Alongside access to the Slack community, we publish new educational video content from outside experts every week that all customers have access to. At the time of writing, Traffic Think Tank has around 650 members spanning across 17 of the 24 different global time zones. I was on a business trip over in Sydney recently, and during my time there I met up with some of our Australia-based community members. During dinner I was asked by several of them how the idea for Traffic Think Tank came about and what steps we took to validate that the idea was worth pursuing.  This is what I told them… How it all began It all started with a personal need. Nick, an already successful entrepreneur and owner of a marketing agency, had tested out an early version Traffic Think Tank in early 2017. He offered real-time consulting for around ten customers that he ran from Slack. He would publish some educational videos and offer his advice on projects that the members were running. The initial test went well, but it was tough to maintain on his own and he had to charge a fairly high price to make it worth his time. That’s when he spoke to me and Ian about turning this idea into something much bigger. Both Ian and I offered something slightly different to Nick. We’ve both spent time in senior positions at marketing agencies, but currently hold senior director positions in 2,000+ public employee companies (HubSpot and LendingTree). Alongside this, as a trio we could really ramp up the quality and quantity of content within the community, spread out the administrative workload and just generally have more resources to throw at getting this thing off the ground. Admittedly, Nick was much more optimistic about the potential of Traffic Think Tank – something I’m very thankful for now – whereas Ian and I were in the camp of “you’re out of your mind if you think hundreds of people are going to pay us to be a part of a Slack channel”. To validate the idea at scale, we decided that we’d get an initial MVP of the community up and running with a goal of reaching 100 paying customers in the first six months. If we achieved that, we’d validated that it was a viable business and we would continue to pursue it. If not, we’d kill it. We spent the next month building out the initial tech stack that enabled us to accept payments, do basic user management to the Slack channel, and get a one-page website up and running with information on what Traffic Think Tank was all about.  After this was ready, we doubled down on getting some initial content created for members – I mean, we couldn’t have people just land in an empty Slack channel, could we? We created around ten initial videos, 20 or so articles and then some long threads full of useful information within the Slack channel so that members would have some content to pour into right from the beginning.  Then, it was time to go live. The first 100 customers Fortunately, both Nick and I had built a somewhat substantial following in the SEO space over the previous 5-10 years, so we at least had a large email list to tap into (a total of around 40,000 people). We queued up some launch emails, set an initial price of $99 per month and pressed send. [\[LINK\] The launch email I sent to my subscribers announcing Traffic Think Tank](https://mailchi.mp/matthewbarby/future-of-marketing-1128181) What we didn’t expect was to sell all of the initial 100 membership spots in the first 72 hours. “Shit. What do we do now? Are we ready for this many people? Are we providing them with enough value? What if something breaks in our tech stack? What if they don’t like the content? What if everyone hates Slack?” All of these were thoughts running through my head. This brings me to the first great decision we made: we closed down new membership intake for 3 months so that we could focus completely on adding value to the first cohort of users. The right thing at the right time SEO is somewhat of a dark art to many people that are trying to learn about it for the first time. There’s hundreds of thousands (possibly millions) of articles and videos online that talk about how to do SEO.  Some of it’s good advice; a lot of it is very bad advice.  Add to this that the barrier to entry of claiming to be an “expert” in SEO is practically non-existent and you have a recipe for disaster. This is why, for a long time, individuals involved in SEO have flocked in their masses to online communities for information and to bounce ideas off of others in the space. Forums like SEObook, Black Hat World, WickedFire, Inbound.org, /r/BigSEO, and many more have, at one time, been called home by many SEOs.  In recent times, these communities have either been closed down or just simply haven’t adapted to the changing needs of the community – one of those needs being real-time feedback on real-world problems.  The other big need that we all spotted and personally had was the ability to openly share the things that are working – and the things that aren’t – in SEO within a private forum. Not everyone wanted to share their secret sauce with the world. One of the main reasons we chose Slack as the platform to run our community on was the fact that it solved these two core needs. It gave the ability to communicate in real-time across multiple devices, and all of the information shared within it was outside of the public domain. The other problem that plagued a lot of these early communities was spam. Most of them were web-based forums that were free to access. That meant they became a breeding ground for people trying to either sell their services or promote their own content – neither of which is conducive to building a thriving community. This was our main motivation for charging a monthly fee to access Traffic Think Tank. We spent a lot of time thinking through pricing. It needed to be enough money that people would be motivated to really make use of their membership and act in a way that’s beneficial to the community, but not too much money that it became cost prohibitive to the people that would benefit from it the most. Considering that most of our members would typically spend between $200-800 per month on SEO software, $99 initially felt like the perfect balance. Growing pains The first three months of running the community went by without any major hiccups. Members were incredibly patient with us, gave us great feedback and were incredibly helpful and accommodating to other members. Messages were being posted every day, with Nick, Ian and myself seeding most of the engagement at this stage.  With everything going smoothly, we decided that it was time to open the doors to another intake of new members. At this point we’d accumulated a backlog of people on our waiting list, so we knew that simply opening our doors would result in another large intake. Adding more members to a community has a direct impact on the value that each member receives. For Traffic Think Tank in particular, the value for members comes from three areas: The ability to have your questions answered by me, Nick and Ian, as well as other members of the community. The access to a large library of exclusive content. The ability to build connections with the wider community. In the early stages of membership growth, there was a big emphasis on the first of those three points. We didn’t have an enormous content library, nor did we have a particularly large community of members, so a lot of the value came from getting a lot of one-to-one time with the community founders. [\[IMAGE\] Screenshot of engagement within the Traffic Think Tank Slack community](https://cdn.shortpixel.ai/client/qglossy,retimg,w_1322/https://www.matthewbarby.com/wp-content/uploads/2019/08/Community-Engagement-in-Traffic-Think-Tank.png) The good thing about having 100 members was that it was just about feasible to give each and every member some one-to-one time within the month, which really helped us to deliver those moments of delight that the community needed early on. Two-and-a-half months after we launched Traffic Think Tank, we opened the doors to another 250 people, taking our total number of members to 350. This is where we experienced our first growing pains.  Our original members had become used to being able to drop us direct messages and expect an almost instant response, but this wasn’t feasible anymore. There were too many people, and we needed to create a shift in behavior. We needed more value to come from the community engaging with one another or we’d never be able to scale beyond this level. We started to really pay attention to engagement metrics; how many people were logging in every day, and of those, how many were actually posting messages within public channels.  We asked members that were logging in a lot but weren’t posting (the “lurkers”) why that was the case. We also asked the members that engaged in the community the most what motivated them to post regularly. We learned a lot from doing this. We found that the large majority of highly-engaged members had much more experience in SEO, whereas most of the “lurkers” were beginners. This meant that most of the information being shared in the community was very advanced, with a lot of feedback from the beginners in the group being that they “didn’t want to ask a stupid question”.  As managers of the community, we needed to facilitate conversations that catered to all of our members, not just those at a certain level of skill. To tackle this problem, we created a number of new channels that had a much deeper focus on beginner topics so novice members had a safe place to ask questions without judgment.  We also started running live video Q&As each month where we’d answer questions submitted by the community. This gave our members one-on-one time with me, Nick and Ian, but spread the value of these conversations across the whole community rather than them being hidden within private messages. As a result of these changes, we found that the more experienced members in the community were really enjoying sharing their knowledge with those with less experience. The number of replies within each question thread was really starting to increase, and the community started to shift away from just being a bunch of threads created by me, Nick and Ian to a thriving forum of diverse topics compiled by a diverse set of individuals. This is what we’d always wanted. A true community. It was starting to happen. [\[IMAGE\] Chart showing community engagement vs individual member value](https://cdn.shortpixel.ai/client/qglossy,retimg,w_1602/https://www.matthewbarby.com/wp-content/uploads/2019/08/Community-Engagement-Balance-Graph.jpg) At the same time, we started to realize that we’ll eventually reach a tipping point where there’ll be too much content for us to manage and our members to engage with. When we reach this point, the community will be tough to follow and the quality of any given post will go down. Not only that, but the community will become increasingly difficult to moderate. We’re not there yet, but we recognize that this will come, and we’ll have to adjust our model again. Advocating advocacy As we started to feel more comfortable about the value that members were receiving, we made the decision to indefinitely open for new members. At the same time, we increased the price of membership (from $99 a month to $119) in a bid to strike the right balance between profitability as a business and to slow down the rate at which we were reaching the tipping point of community size. We also made the decision to repay all of our early adopters by grandfathering them in to the original pricing – and committing to always do this in the future. Despite the price increase, we saw a continued flow of new members come into the community. The craziest part about this was that we were doing practically no marketing activities to encourage new members– this was all coming from word of mouth. Our members were getting enough value from the community that they were recommending it to their friends, colleagues and business partners.  The scale at which this was happening really took us by surprise and it told us one thing very clearly: delivering more value to members resulted in more value being delivered to the business. This is a wonderful dynamic to have because it perfectly aligns the incentives on both sides. We’d said from the start that we wouldn’t sacrifice value to members for more revenue – this is something that all three of us felt very strongly about. First and foremost, we wanted to create a community that delivered value to its members and was run in a way that aligned with our values as people. If we could find a way to stimulate brand advocacy, while also tightening the bonds between all of our individual community members, we’d be boosting both customer retention and customer acquisition in the same motion. This became our next big focus. [\[TWEET\] Adam, one of our members wore his Traffic Think Tank t-shirt in the Sahara desert](https://twitter.com/AdamGSteele/status/1130892481099382784) We started with some simple things: We shipped out Traffic Think Tank branded T-shirts to all new members. We’d call out each of the individuals that would submit questions to our live Q&A sessions and thank them live on air. We set up a new channel that was dedicated to sharing a quick introduction to who you are, what you do and where you’re based for all new members. We’d created a jobs channel and a marketplace for selling, buying and trading services with other members. Our monthly “blind dates” calls were started where you’d be randomly grouped with 3-4 other community members so that you could hop on a call to get to know each other better. The Traffic Think Tank In Real Life (IRL)* channel was born, which enabled members to facilitate in-person meetups with each other. In particular, we saw that as members started to meet in person or via calls the community itself was feeling more and more like a family. It became much closer knit and some members started to build up a really positive reputation for being particularly helpful to other members, or for having really strong knowledge in a specific area. [\[TWEET\] Dinner with some of the Traffic Think Tank members in Brighton, UK](https://twitter.com/matthewbarby/status/1117175584080134149) Nick, Ian and I would go out of our way to try and meet with members in real life wherever we could. I was taken aback by how appreciative people were for us doing this, and it also served as an invaluable way to gain honest feedback from members. There was another trend that we’d observed that we didn’t really expect to happen. More and more members were doing business with each another. We’ve had people find new jobs through the community, sell businesses to other members, launch joint ventures together and bring members in as consultants to their business. This has probably been the most rewarding thing to watch, and it was clear that the deeper relationships that our members were forming were resulting in an increased level of trust to work with each other. We wanted to harness this and take it to a new level. This brought us to arguably the best decision we’ve made so far running Traffic Think Tank… we were going to run a big live event for our members. I have no idea what I’m doing It’s the first week of January 2019 and we’re less than three weeks away from Traffic Think Tank LIVE, our first ever in-person event hosting 150 people, most of which are Traffic Think Tank members. It's like an ongoing nightmare I can’t wake up from. That was Nick’s response in our private admin channel to myself and Ian when I asked if they were finding the run-up to the event as stressful as I was. I think that all three of us were riding on such a high from how the community was growing that we felt like we could do anything. Running an event? How hard can it be? Well, turns out it’s really hard. We had seven different speakers flying over from around the world to speak at the event, there was a pre- and after event party, and we’d planned a charity dinner where we would take ten attendees (picked at random via a raffle) out for a fancy meal. Oh, and Nick, Ian and I were hosting a live Q&A session on stage. It wasn’t until precisely 48 hours before the event that we’d realized we didn’t have any microphones, nor had a large amount of the swag we’d ordered arrived. Plus, a giant storm had hit Philly causing a TON of flight cancellations. Perfect. Just perfect. This was honestly the tip of the iceberg. We hadn’t thought about who was going to run the registration desk, who would be taking photos during the event and who would actually field questions from the audience while all three of us sat on stage for our live Q&A panel. Turns out that the answer to all of those questions were my wife, Laura, and Nick’s wife, Kelley. Thankfully, they were on hand to save our asses. The weeks running up to the event were honestly some of the most stressful of my life. We sold around 50% of our ticket allocation within the final two weeks before the event. All of the event organizers told us this would happen, but did we believe them? Hell no!  Imagine having two weeks until the big day and as it stood half of the room would be completely empty. I was ready to fly most of my extended family over just to make it look remotely busy. [\[IMAGE\] One of our speakers, Ryan Stewart, presenting at Traffic Think Tank LIVE](https://cdn.shortpixel.ai/client/qglossy,retimg,w_1920/https://www.matthewbarby.com/wp-content/uploads/2019/08/Traffic-Think-Tank-LIVE-Ryan-Presenting.jpg) Thankfully, if all came together. We managed to acquire some microphones, the swag arrived on the morning of the event, all of our speakers were able to make it on time and the weather just about held up so that our entire allocation of ticket holders was able to make it to the event. We pooled together and I’m proud to say that the event was a huge success. While we made a substantial financial loss on the event itself, January saw a huge spike in new members, which more than recouped our losses. Not only that, but we got to hang out with a load of our members all day while they said really nice things about the thing we’d built. It was both exhausting and incredibly rewarding. Bring on Traffic Think Tank LIVE 2020! (This time we’re hiring an event manager...)   The road ahead Fast forward to today (August 2019) and Traffic Think Tank has over 650 members. The biggest challenges that we’re tackling right now include making sure the most interesting conversations and best content surfaces to the top of the community, making Slack more searchable (this is ultimately one of its flaws as a platform) and giving members a quicker way to find the exclusive content that we create. You’ll notice there’s a pretty clear theme here. In the past 30 days, 4,566 messages were posted in public channels inside Traffic Think Tank. If you add on any messages posted inside private direct messages, this number rises to 21,612. That’s a lot of messages. To solve these challenges and enable further scale in the future, we’ve invested a bunch of cash and our time into building out a full learning management system (LMS) that all members will get access to alongside the Slack community. The LMS will be a web-based portal that houses all of the video content we produce. It will also  provide an account admin section where users can update or change their billing information (they have to email us to do this right now, which isn’t ideal), a list of membership perks and discounts with our partners, and a list of links to some of the best threads within Slack – when clicked, these will drop you directly into Slack. [\[IMAGE\] Designs for the new learning management system (LMS)](https://cdn.shortpixel.ai/client/qglossy,retimg,w_2378/https://www.matthewbarby.com/wp-content/uploads/2019/08/Traffic-Think-Tank-LMS.png) It’s not been easy, but we’re 95% of the way through this and I’m certain that it will have a hugely positive impact on the experience for our members. Alongside this we hired a community manager, Liz, who supports with any questions that our members have, coordinates with external experts to arrange webinars for the community, helps with new member onboarding, and has tightened up some of our processes around billing and general accounts admin. This was a great decision. Finally, we’ve started planning next year’s live event, which we plan to more than double in size to 350 attendees, and we decided to pick a slightly warmer location in Miami this time out. Stay tuned for me to have a complete meltdown 3 weeks from the event. Final thoughts When I look back on the journey we’ve had so far building Traffic Think Tank, there’s one very important piece to this puzzle that’s made all of this work that I’ve failed to mention so far: co-founder alignment. Building a community is a balancing act that relies heavily on those in charge being completely aligned. Nick, Ian and I completely trust each other and more importantly, are philosophically aligned on how we want to run and grow the community. If we didn’t have this, the friction between us could tear apart the entire community. Picking the right people to work with is important in any company, but when your business is literally about bringing people together, there’s no margin for error here.  While I’m sure there will be many more challenges ahead, knowing that we all trust each other to make decisions that fall in line with each of our core values makes these challenges dramatically easier to overcome. Finally, I’d like to thank all of our members for making the community what it is today – it’d be nothing without you and I promise that we’ll never take that for granted. &#x200B; I originally posted this on my blog here. Welcoming all of your thoughts, comments, questions and I'll do my best to answer them :)

Raised $450k for my startup, here are the lessons I've learned along the way

2021 has been a pretty amazing year for Omnisearch. Having started initial work on Omnisearch at the end of 2020, we entered the new year with a working MVP yet no revenue, no significant partnerships, and no funding. Fast forward to the end of 2021, and we now have fantastic revenue growth, a partnership with a public company, and a far more powerful, complete and polished product. But one milestone really changed Omnisearch’s trajectory: our $450,000 USD pre-seed round by GoAhead Ventures. In this post I want to share the story of how it came about and offer a couple of takeaways to keep in mind when preparing for fundraising. &#x200B; The story Contrary to most advice, my co-founder Matej and I didn’t allocate a specific time to switch to “fundraising mode” but rather talked to investors on an ongoing basis. It was a bit of a distraction from working on the product, but on the positive side we were able to constantly get feedback on the idea, pitch, go-to-market strategy and hiring, as well as hearing investors’ major concerns sooner rather than later. That being said, our six-month long fundraising efforts weren’t yielding results - we talked to about twenty investors, mostly angels or smaller funds, with no success. The feedback was generally of the “too early for us” variety (since we were still pre-revenue), with additional questions about our go-to-market strategy and ideal customer persona. The introduction to our eventual investors, California-based GoAhead Ventures, came through a friend who had pitched them previously. We wrote a simple blurb and sent our pitch deck. We then went through GoAhead’s hyper-efficient screening process, consisting of a 30-minute call, a recorded three-minute pitch, and filling out a simple Google doc. Throughout the whole process, the GoAhead team left an awesome impression thanks to their knowledge of enterprise software and their responsiveness. They ended up investing and the whole deal was closed within two weeks, which is super fast even by Silicon Valley standards. While our fundraising experience is a single data point and your case might be different, here are the key takeaways from our journey. &#x200B; Perseverance wins: Like I said above, we talked to about twenty investors before we closed our round. Getting a series of “no”s sucks, but we took the feedback seriously and tried to prepare better for questions that caught us off guard. But we persevered, keeping in mind that from a bird’s eye perspective it’s an amazing time to be building startups and raising funds. Focus on traction: Sounds pretty obvious, right? The truth is, though, that even a small amount of revenue is infinitely better than none at all. One of the major differences between our eventual successful investor pitch and the earlier ones was that we had actual paying customers, though our MRR was low. This allows you to talk about customers in the present tense, showing there’s actual demand for your product and making the use cases more tangible. And ideally, highlight a couple of customer testimonials to boost your credibility. Have a demo ready: In Omnisearch’s case, the demo was oftentimes the best received part of the pitch or call. We’d show investors the live demo, and for bonus points even asked them to choose a video from YouTube and then try searching through it. This always had a “wow” effect on prospective investors and made the subsequent conversation more exciting and positive. Accelerators: Accelerators like Y Combinator or Techstars can add enormous value to a startup, especially in the early stages. And while it’s a great idea to apply, don’t rely on them too heavily. Applications happen only a few times a year, and you should have a foolproof fundraising plan in case you don’t get in. In our case, we just constantly looked for investors who were interested in our space (defined as enterprise SaaS more broadly), using LinkedIn, AngelList, and intros from our own network. Practice the pitch ad nauseam: Pitching is tough to get right even for seasoned pros, so it pays to practice as often as possible. We took every opportunity to perfect the pitch: attending meetups and giving the thirty-second elevator pitch to other attendees over beer and pizza, participating in startup competitions, going to conferences and exhibiting at our own booth, attending pre-accelerator programs, and pitching to friends who are in the startup world. Show an understanding of the competition: Frankly, this was one of the strongest parts of our pitch and investor conversations. If you’re in a similar space to ours, Gartner Magic Quadrants and Forrester Waves are an awesome resource, as well as sites like AlternativeTo or Capterra and G2. By thoroughly studying these resources we gained a great understanding of the industry landscape and were able to articulate our differentiation more clearly and succinctly. Presenting this visually in a coordinate system or a feature grid is, from our experience, even more effective. Remember it’s just the beginning! Getting your first round of funding is just the beginning of the journey, so it’s important to avoid euphoria and get back to building and selling the product as soon as possible. While securing funding enables you to scale the team, and is a particular relief if the founders had worked without a salary, the end goal is still to build a big, profitable, and overall awesome startup.

How a Small Startup in Asia Secured a Contract with the US Department of Homeland Security

Uzair Javaid, a Ph.D. with a passion for data privacy, co-founded Betterdata to tackle one of AI's most pressing challenges: protecting privacy while enabling innovation. Recently, Betterdata secured a lucrative contract with the US Department of Homeland Security, 1 of only 4 companies worldwide to do so and the only one in Asia. Here's how he did it: The Story So what's your story? I grew up in Peshawar, Pakistan, excelling in coding despite studying electrical engineering. Inspired by my professors, I set my sights on studying abroad and eventually earned a Ph.D. scholarship at NUS Singapore, specializing in data security and privacy. During my research, I ethically hacked Ethereum and published 15 papers—three times the requirement. While wrapping up my Ph.D., I explored startup ideas and joined Entrepreneur First, where I met Kevin Yee. With his expertise in generative models and mine in privacy, we founded Betterdata. Now, nearly three years in, we’ve secured a major contract with the U.S. Department of Homeland Security—one of only four companies globally and the only one from Asia. The Startup In a nutshell, what does your startup do? Betterdata is a startup that uses AI and synthetic data generation to address two major challenges: data privacy and the scarcity of high-quality data for training AI models. By leveraging generative models and privacy-enhancing technologies, Betterdata enables businesses, such as banks, to use customer data without breaching privacy regulations. The platform trains AI on real data, learns its patterns, and generates synthetic data that mimics the real thing without containing any personal or sensitive information. This allows companies to innovate and develop AI solutions safely and ethically, all while tackling the growing need for diverse, high-quality data in AI development. How did you conduct ideation and validation for your startup? The initial idea for Betterdata came from personal experience. During my Ph.D., I ethically hacked Ethereum’s blockchain, exposing flaws in encryption-based data sharing. This led me to explore AI-driven deep synthesis technology—similar to deepfakes but for structured data privacy. With GDPR impacting 28M+ businesses, I saw a massive opportunity to help enterprises securely share data while staying compliant. To validate the idea, I spoke to 50 potential customers—a number that strikes the right balance. Some say 100, but that’s impractical for early-stage founders. At 50, patterns emerge: if 3 out of 10 mention the same problem, and this repeats across 50, you have 10–15 strong signals, making it a solid foundation for an MVP. Instead of outbound sales, which I dislike, we used three key methods: Account-Based Marketing (ABM)—targeting technically savvy users with solutions for niche problems, like scaling synthetic data for banks. Targeted Content Marketing—regular customer conversations shaped our thought leadership and outreach. Raising Awareness Through Partnerships—collaborating with NUS, Singapore’s PDPC, and Plug and Play to build credibility and educate the market. These strategies attracted serious customers willing to pay, guiding Betterdata’s product development and market fit. How did you approach the initial building and ongoing product development? In the early stages, we built synthetic data generation algorithms and a basic UI for proof-of-concept, using open-source datasets to engage with banks. We quickly learned that banks wouldn't share actual customer data due to privacy concerns, so we had to conduct on-site installations and gather feedback to refine our MVP. Through continuous consultation with customers, we discovered real enterprise data posed challenges, such as missing values, which led us to adapt our prototype accordingly. This iterative approach of listening to customer feedback and observing their usage allowed us to improve our product, enhance UX, and address unmet needs while building trust and loyalty. Working closely with our customers also gives us a data advantage. Our solution’s effectiveness depends on customer data, which we can't fully access, but bridging this knowledge gap gives us a competitive edge. The more customers we test on, the more our algorithms adapt to diverse use cases, making it harder for competitors to replicate our insights. My approach to iteration is simple: focus solely on customer feedback and ignore external noise like trends or advice. The key question for the team is: which customer is asking for this feature or solution? As long as there's a clear answer, we move forward. External influences, such as AI hype, often bring more confusion than clarity. True long-term success comes from solving real customer problems, not chasing trends. Customers may not always know exactly what they want, but they understand their problems. Our job is to identify these problems and solve them in innovative ways. While customers may suggest specific features, we stay focused on solving the core issue rather than just fulfilling their exact requests. The idea aligns with the quote often attributed to Henry Ford: "If I asked people what they wanted, they would have said faster horses." The key is understanding their problems, not just taking requests at face value. How do you assess product-market fit? To assess product-market fit, we track two key metrics: Customers' Willingness to Pay: We measure both the quantity and quality of meetings with potential customers. A high number of meetings with key decision-makers signals genuine interest. At Betterdata, we focused on getting meetings with people in banks and large enterprises to gauge our product's resonance with the target market. How Much Customers Are Willing to Pay: We monitor the price customers are willing to pay, especially in the early stages. For us, large enterprises, like banks, were willing to pay a premium for our synthetic data platform due to the growing need for privacy tech. This feedback guided our product refinement and scaling strategy. By focusing on these metrics, we refined our product and positioned it for scaling. What is your business model? We employ a structured, phase-driven approach for out business model, as a B2B startup. I initially struggled with focusing on the core value proposition in sales, often becoming overly educational. Eventually, we developed a product roadmap with models that allowed us to match customer needs to specific offerings and justify our pricing. Our pricing structure includes project-based pilots and annual contracts for successful deployments. At Betterdata, our customer engagement unfolds across three phases: Phase 1: Trial and Benchmarking \- We start with outreach and use open-source datasets to showcase results, offering customers a trial period to evaluate the solution. Phase 2: Pilot or PoC \- After positive trial results, we conduct a PoC or pilot using the customer’s private data, with the understanding that successful pilots lead to an annual contract. Phase 3: Multi-Year Contracts \- Following a successful pilot, we transition to long-term commercial contracts, focusing on multi-year agreements to ensure stability and ongoing partnerships. How do you do marketing for your brand? We take a non-conventional approach to marketing, focusing on answering one key question: Which customers are willing to pay, and how much? This drives our messaging to show how our solution meets their needs. Our strategy centers around two main components: Building a network of lead magnets \- These are influential figures like senior advisors, thought leaders, and strategic partners. Engaging with institutions like IMDA, SUTD, and investors like Plug and Play helps us gain access to the right people and foster warm introductions, which shorten our sales cycle and ensure we’re reaching the right audience. Thought leadership \- We build our brand through customer traction, technology evidence, and regulatory guidelines. This helps us establish credibility in the market and position ourselves as trusted leaders in our field. This holistic approach has enabled us to navigate diverse market conditions in Asia and grow our B2B relationships. By focusing on these areas, we drive business growth and establish strong trust with stakeholders. What's your advice for fundraising? Here are my key takeaways for other founders when it comes to fundraising: Fundraise When You Don’t Need To We closed our seed round in April 2023, a time when we weren't actively raising. Founders should always be in fundraising mode, even when they're not immediately in need of capital. Don’t wait until you have only a few months of runway left. Keep the pipeline open and build relationships. When the timing is right, execution becomes much easier. For us, our investment came through a combination of referrals and inbound interest. Even our lead investor initially rejected us, but after re-engaging, things eventually fell into place. It’s crucial to stay humble, treat everyone with respect, and maintain those relationships for when the time is right. Be Mindful of How You Present Information When fundraising, how you present information matters a lot. We created a comprehensive, easily digestible investment memo, hosted on Notion, which included everything an investor might need—problem, solution, market, team, risks, opportunities, and data. The goal was for investors to be able to get the full picture within 30 minutes without chasing down extra details. We also focused on making our financial model clear and meaningful, even though a 5-year forecast might be overkill at the seed stage. The key was clarity and conciseness, and making it as easy as possible for investors to understand the opportunity. I learned that brevity and simplicity are often the best ways to make a memorable impact. For the pitch itself, keep it simple and focus on 4 things: problem, solution, team, and market. If you can summarize each of these clearly and concisely, you’ll have a compelling pitch. Later on, you can expand into market segments, traction, and other metrics, but for seed-stage, focus on those four areas, and make sure you’re strong in at least three of them. If you do, you'll have a compelling case. How do you run things day-to-day? i.e what's your operational workflow and team structure? Here's an overview of our team structure and process: Internally: Our team is divided into two main areas: backend (internal team) and frontend (market-facing team). There's no formal hierarchy within the backend team. We all operate as equals, defining our goals based on what needs to be developed, assigning tasks, and meeting weekly to share updates and review progress. The focus is on full ownership of tasks and accountability for getting things done. I also contribute to product development, identifying challenges and clearing obstacles to help the team move forward. Backend Team: We approach tasks based on the scope defined by customers, with no blame or hierarchy. It's like a sports team—sometimes someone excels, and other times they struggle, but we support each other and move forward together. Everyone has the creative freedom to work in the way that suits them best, but we establish regular meetings and check-ins to ensure alignment and progress. Frontend Team: For the market-facing side, we implement a hierarchy because the market expects this structure. If I present myself as "CEO," it signals authority and credibility. This distinction affects how we communicate with the market and how we build our brand. The frontend team is split into four main areas: Business Product (Software Engineering) Machine Learning Engineering R&D The C-suite sits at the top, followed by team leads, and then the executors. We distill market expectations into actionable tasks, ensuring that everyone is clear on their role and responsibilities. Process: We start by receiving market expectations and defining tasks based on them. Tasks are assigned to relevant teams, and execution happens with no communication barriers between team members. This ensures seamless collaboration and focused execution. The main goal is always effectiveness—getting things done efficiently while maintaining flexibility in how individuals approach their work. In both teams, there's an emphasis on accountability, collaboration, and clear communication, but the structure varies according to the nature of the work and external expectations.

7 free ways to find customers

You do not need to burn thousands on paid ads to find customers. Most businesses think ads are the only way to get customers. They spend huge amounts on Google and Facebook ads with low conversion rates and end up desperate when the money runs out. Here are some FREE strategies that work way better: Be where your customers already hang out Monitor platforms like Reddit, LinkedIn, Facebook groups and other online communities where your target audience discusses their problems. Look for people actively seeking solutions you provide. The conversion rate is much higher because these are people already looking for what you sell. Create content that solves real problems Create blog posts, videos, or social content that addresses specific pain points your audience has. I started writing detailed guides about problems I knew my customers faced and they began finding me organically through search. Strategic partnerships with complementary businesses I connected with businesses that served the same customers but offered different products. We created joint social posts and shared each other's content at zero cost. This opened up their audience to me and vice versa. Get interviewed on podcasts This one surprised me. Many niche industry podcasts need guests constantly. I reached out offering specific topics I could speak on with value for their audience. This positioned me as an expert while reaching new potential customers. Build in public Sharing your journey building your product creates a following of interested people. I posted weekly updates on X about challenges and wins, which created a small but engaged community before we even launched. Leverage personal networks properly Not by spamming friends, but by asking for specific introductions to people who might genuinely benefit from what you offer. One quality introduction beats 100 cold emails. Create free tools or resources This is one of the most effective strategies. You can easily build these free tools using AI now. I built a simple calculator that helped people in my industry solve a common problem. It generated leads because users found it valuable and shared it. The most important thing I learned is that these methods actually produce higher quality customers. They come to you already understanding the value you provide, which means better conversion rates and longer customer relationships. It takes more patience than ads, but the ROI is significantly better in the long run. Plus, these strategies help you understand your customers better, which improves everything else in your business.

How a founder built a B2B AI startup to serve with 65+ global brands (including Fortune500 companies)

AI Palette is an AI-driven platform that helps food and beverage companies predict emerging product trends. I had the opportunity recently to sit down with the founder to get his advice on building an AI-first startup, which he'll be going through in this post. About AI Palette: Co-founders: >!2 (Somsubhra GanChoudhuri, Himanshu Upreti)!!100+!!$12.7M USD!!AI-powered predictive analytics for the CPG (Consumer Packaged Goods) industry!!Signed first paying customer in the first year!!65+ global brands, including Cargill, Diageo, Ajinomoto, Symrise, Mondelez, and L’Oréal, use AI Palette!!Every new product launched has secured a paying client within months!!Expanded into Beauty & Personal Care (BPC), onboarding one of India’s largest BPC companies within weeks!!Launched multiple new product lines in the last two years, creating a unified suite for brand innovation!Identify the pain points in your industry for ideas* When I was working in the flavour and fragrance industry, I noticed a major issue CPG companies faced: launching a product took at least one to two years. For instance, if a company decided today to launch a new juice, it wouldn’t hit the market until 2027. This long timeline made it difficult to stay relevant and on top of trends. Another big problem I noticed was that companies relied heavily on market research to determine what products to launch. While this might work for current consumer preferences, it was highly inefficient since the product wouldn’t actually reach the market for several years. By the time the product launched, the consumer trends had already shifted, making that research outdated. That’s where AI can play a crucial role. Instead of looking at what consumers like today, we realised that companies should use AI to predict what they will want next. This allows businesses to create products that are ahead of the curve. Right now, the failure rate for new product launches is alarmingly high, with 8 out of 10 products failing. By leveraging AI, companies can avoid wasting resources on products that won’t succeed, leading to better, more successful launches. Start by talking to as many industry experts as possible to identify the real problems When we first had the idea for AI Palette, it was just a hunch, a gut feeling—we had no idea whether people would actually pay for it. To validate the idea, we reached out to as many people as we could within the industry. Since our focus area was all about consumer insights, we spoke to professionals in the CPG sector, particularly those in the insights departments of CPG companies. Through these early conversations, we began to see a common pattern emerge and identified the exact problem we wanted to solve. Don’t tell people what you’re building—listen to their frustrations and challenges first. Going into these early customer conversations, our goal was to listen and understand their challenges without telling them what we were trying to build. This is crucial as it ensures that you can gather as much data about the problem to truly understand it and that you aren't biasing their answers by showing your solution. This process helped us in two key ways: First, it validated that there was a real problem in the industry through the number of people who spoke about experiencing the same problem. Second, it allowed us to understand the exact scale and depth of the problem—e.g., how much money companies were spending on consumer research, what kind of tools they were currently using, etc. Narrow down your focus to a small, actionable area to solve initially. Once we were certain that there was a clear problem worth solving, we didn’t try to tackle everything at once. As a small team of two people, we started by focusing on a specific area of the problem—something big enough to matter but small enough for us to handle. Then, we approached customers with a potential solution and asked them for feedback. We learnt that our solution seemed promising, but we wanted to validate it further. If customers are willing to pay you for the solution, it’s a strong validation signal for market demand. One of our early customer interviewees even asked us to deliver the solution, which we did manually at first. We used machine learning models to analyse the data and presented the results in a slide deck. They paid us for the work, which was a critical moment. It meant we had something with real potential, and we had customers willing to pay us before we had even built the full product. This was the key validation that we needed. By the time we were ready to build the product, we had already gathered crucial insights from our early customers. We understood the specific information they wanted and how they wanted the results to be presented. This input was invaluable in shaping the development of our final product. Building & Product Development Start with a simple concept/design to validate with customers before building When we realised the problem and solution, we began by designing the product, but not by jumping straight into coding. Instead, we created wireframes and user interfaces using tools like InVision and Figma. This allowed us to visually represent the product without the need for backend or frontend development at first. The goal was to showcase how the product would look and feel, helping potential customers understand its value before we even started building. We showed these designs to potential customers and asked for feedback. Would they want to buy this product? Would they pay for it? We didn’t dive into actual development until we found a customer willing to pay a significant amount for the solution. This approach helped us ensure we were on the right track and didn’t waste time or resources building something customers didn’t actually want. Deliver your solution using a manual consulting approach before developing an automated product Initially, we solved problems for customers in a more "consulting" manner, delivering insights manually. Recall how I mentioned that when one of our early customer interviewees asked us to deliver the solution, we initially did it manually by using machine learning models to analyse the data and presenting the results to them in a slide deck. This works for the initial stages of validating your solution, as you don't want to invest too much time into building a full-blown MVP before understanding the exact features and functionalities that your users want. However, after confirming that customers were willing to pay for what we provided, we moved forward with actual product development. This shift from a manual service to product development was key to scaling in a sustainable manner, as our building was guided by real-world feedback and insights rather than intuition. Let ongoing customer feedback drive iteration and the product roadmap Once we built the first version of the product, it was basic, solving only one problem. But as we worked closely with customers, they requested additional features and functionalities to make it more useful. As a result, we continued to evolve the product to handle more complex use cases, gradually developing new modules based on customer feedback. Product development is a continuous process. Our early customers pushed us to expand features and modules, from solving just 20% of their problems to tackling 50–60% of their needs. These demands shaped our product roadmap and guided the development of new features, ultimately resulting in a more complete solution. Revenue and user numbers are key metrics for assessing product-market fit. However, critical mass varies across industries Product-market fit (PMF) can often be gauged by looking at the size of your revenue and the number of customers you're serving. Once you've reached a certain critical mass of customers, you can usually tell that you're starting to hit product-market fit. However, this critical mass varies by industry and the type of customers you're targeting. For example, if you're building an app for a broad consumer market, you may need thousands of users. But for enterprise software, product-market fit may be reached with just a few dozen key customers. Compare customer engagement and retention with other available solutions on the market for product-market fit Revenue and the number of customers alone isn't always enough to determine if you're reaching product-market fit. The type of customer and the use case for your product also matter. The level of engagement with your product—how much time users are spending on the platform—is also an important metric to track. The more time they spend, the more likely it is that your product is meeting a crucial need. Another way to evaluate product-market fit is by assessing retention, i.e whether users are returning to your platform and relying on it consistently, as compared to other solutions available. That's another key indication that your solution is gaining traction in the market. Business Model & Monetisation Prioritise scalability Initially, we started with a consulting-type model where we tailor-made specific solutions for each customer use-case we encountered and delivered the CPG insights manually, but we soon realized that this wasn't scalable. The problem with consulting is that you need to do the same work repeatedly for every new project, which requires a large team to handle the workload. That is not how you sustain a high-growth startup. To solve this, we focused on building a product that would address the most common problems faced by our customers. Once built, this product could be sold to thousands of customers without significant overheads, making the business scalable. With this in mind, we decided on a SaaS (Software as a Service) business model. The benefit of SaaS is that once you create the software, you can sell it to many customers without adding extra overhead. This results in a business with higher margins, where the same product can serve many customers simultaneously, making it much more efficient than the consulting model. Adopt a predictable, simplistic business model for efficiency. Look to industry practices for guidance When it came to monetisation, we considered the needs of our CPG customers, who I knew from experience were already accustomed to paying annual subscriptions for sales databases and other software services. We decided to adopt the same model and charge our customers an annual upfront fee. This model worked well for our target market, aligning with industry standards and ensuring stable, recurring revenue. Moreover, our target CPG customers were already used to this business model and didn't have to choose from a huge variety of payment options, making closing sales a straightforward and efficient process. Marketing & Sales Educate the market to position yourself as a thought leader When we started, AI was not widely understood, especially in the CPG industry. We had to create awareness around both AI and its potential value. Our strategy focused on educating potential users and customers about AI, its relevance, and why they should invest in it. This education was crucial to the success of our marketing efforts. To establish credibility, we adopted a thought leadership approach. We wrote blogs on the importance of AI and how it could solve problems for CPG companies. We also participated in events and conferences to demonstrate our expertise in applying AI to the industry. This helped us build our brand and reputation as leaders in the AI space for CPG, and word-of-mouth spread as customers recognized us as the go-to company for AI solutions. It’s tempting for startups to offer products for free in the hopes of gaining early traction with customers, but this approach doesn't work in the long run. Free offerings don’t establish the value of your product, and customers may not take them seriously. You should always charge for pilots, even if the fee is minimal, to ensure that the customer is serious about potentially working with you, and that they are committed and engaged with the product. Pilots/POCs/Demos should aim to give a "flavour" of what you can deliver A paid pilot/POC trial also gives you the opportunity to provide a “flavour” of what your product can deliver, helping to build confidence and trust with the client. It allows customers to experience a detailed preview of what your product can do, which builds anticipation and desire for the full functionality. During this phase, ensure your product is built to give them a taste of the value you can provide, which sets the stage for a broader, more impactful adoption down the line. Fundraising & Financial Management Leverage PR to generate inbound interest from VCs When it comes to fundraising, our approach was fairly traditional—we reached out to VCs and used connections from existing investors to make introductions. However, looking back, one thing that really helped us build momentum during our fundraising process was getting featured in Tech in Asia. This wasn’t planned; it just so happened that Tech in Asia was doing a series on AI startups in Southeast Asia and they reached out to us for an article. During the interview, they asked if we were fundraising, and we mentioned that we were. As a result, several VCs we hadn’t yet contacted reached out to us. This inbound interest was incredibly valuable, and we found it far more effective than our outbound efforts. So, if you can, try to generate some PR attention—it can help create inbound interest from VCs, and that interest is typically much stronger and more promising than any outbound strategies because they've gone out of their way to reach out to you. Be well-prepared and deliberate about fundraising. Keep trying and don't lose heart When pitching to VCs, it’s crucial to be thoroughly prepared, as you typically only get one shot at making an impression. If you mess up, it’s unlikely they’ll give you a second chance. You need to have key metrics at your fingertips, especially if you're running a SaaS company. Be ready to answer questions like: What’s your retention rate? What are your projections for the year? How much will you close? What’s your average contract value? These numbers should be at the top of your mind. Additionally, fundraising should be treated as a structured process, not something you do on the side while juggling other tasks. When you start, create a clear plan: identify 20 VCs to reach out to each week. By planning ahead, you’ll maintain momentum and speed up the process. Fundraising can be exhausting and disheartening, especially when you face multiple rejections. Remember, you just need one investor to say yes to make it all worthwhile. When using funds, prioritise profitability and grow only when necessary. Don't rely on funding to survive. In the past, the common advice for startups was to raise money, burn through it quickly, and use it to boost revenue numbers, even if that meant operating at a loss. The idea was that profitability wasn’t the main focus, and the goal was to show rapid growth for the next funding round. However, times have changed, especially with the shift from “funding summer” to “funding winter.” My advice now is to aim for profitability as soon as possible and grow only when it's truly needed. For example, it’s tempting to hire a large team when you have substantial funds in the bank, but ask yourself: Do you really need 10 new hires, or could you get by with just four? Growing too quickly can lead to unnecessary expenses, so focus on reaching profitability as soon as possible, rather than just inflating your team or burn rate. The key takeaway is to spend your funds wisely and only when absolutely necessary to reach profitability. You want to avoid becoming dependent on future VC investments to keep your company afloat. Instead, prioritize reaching break-even as quickly as you can, so you're not reliant on external funding to survive in the long run. Team-Building & Leadership Look for complementary skill sets in co-founders When choosing a co-founder, it’s important to find someone with a complementary skill set, not just someone you’re close to. For example, I come from a business and commercial background, so I needed someone with technical expertise. That’s when I found my co-founder, Himanshu, who had experience in machine learning and AI. He was a great match because his technical knowledge complemented my business skills, and together we formed a strong team. It might seem natural to choose your best friend as your co-founder, but this can often lead to conflict. Chances are, you and your best friend share similar interests, skills, and backgrounds, which doesn’t bring diversity to the table. If both of you come from the same industry or have the same strengths, you may end up butting heads on how things should be done. Having diverse skill sets helps avoid this and fosters a more collaborative working relationship. Himanshu (left) and Somsubhra (right) co-founded AI Palette in 2018 Define roles clearly to prevent co-founder conflict To avoid conflict, it’s essential that your roles as co-founders are clearly defined from the beginning. If your co-founder and you have distinct responsibilities, there is no room for overlap or disagreement. This ensures that both of you can work without stepping on each other's toes, and there’s mutual respect for each other’s expertise. This is another reason as to why it helps to have a co-founder with a complementary skillset to yours. Not only is having similar industry backgrounds and skillsets not particularly useful when building out your startup, it's also more likely to lead to conflicts since you both have similar subject expertise. On the other hand, if your co-founder is an expert in something that you're not, you're less likely to argue with them about their decisions regarding that aspect of the business and vice versa when it comes to your decisions. Look for employees who are driven by your mission, not salary For early-stage startups, the first hires are crucial. These employees need to be highly motivated and excited about the mission. Since the salary will likely be low and the work demanding, they must be driven by something beyond just the paycheck. The right employees are the swash-buckling pirates and romantics, i.e those who are genuinely passionate about the startup’s vision and want to be part of something impactful beyond material gains. When employees are motivated by the mission, they are more likely to stick around and help take the startup to greater heights. A litmus test for hiring: Would you be excited to work with them on a Sunday? One of the most important rounds in the hiring process is the culture fit round. This is where you assess whether a candidate shares the same values as you and your team. A key question to ask yourself is: "Would I be excited to work with this person on a Sunday?" If there’s any doubt about your answer, it’s likely not a good fit. The idea is that you want employees who align with the company's culture and values and who you would enjoy collaborating with even outside of regular work hours. How we structure the team at AI Palette We have three broad functions in our organization. The first two are the big ones: Technical Team – This is the core of our product and technology. This team is responsible for product development and incorporating customer feedback into improving the technology Commercial Team – This includes sales, marketing, customer service, account managers, and so on, handling everything related to business growth and customer relations. General and Administrative Team – This smaller team supports functions like finance, HR, and administration. As with almost all businesses, we have teams that address the two core tasks of building (technical team) and selling (commercial team), but given the size we're at now, having the administrative team helps smoothen operations. Set broad goals but let your teams decide on execution What I've done is recruit highly skilled people who don't need me to micromanage them on a day-to-day basis. They're experts in their roles, and as Steve Jobs said, when you hire the right person, you don't have to tell them what to do—they understand the purpose and tell you what to do. So, my job as the CEO is to set the broader goals for them, review the plans they have to achieve those goals, and periodically check in on progress. For example, if our broad goal is to meet a certain revenue target, I break it down across teams: For the sales team, I’ll look at how they plan to hit that target—how many customers they need to sell to, how many salespeople they need, and what tactics and strategies they plan to use. For the technical team, I’ll evaluate our product offerings—whether they think we need to build new products to attract more customers, and whether they think it's scalable for the number of customers we plan to serve. This way, the entire organization's tasks are cascaded in alignment with our overarching goals, with me setting the direction and leaving the details of execution to the skilled team members that I hire.

[CASE STUDY] From 217/m to $2,836/m in 9 months - Sold for $59,000; I grow and monetise web traffic of 5, 6, 7 figures USD valued passive income content sites [AMA]

Hello Everyone (VERY LONG CASE STUDY AHEAD) - 355% return in 9 months Note: I own a 7-figures USD valued portfolio of 41+ content sites that generates 5-6 figures USD a month in passive income. This is my first time posting in this sub and my goal is to NOT share generic advice but precise numbers, data and highly refined processes so you can also get started with this business yourself or if you already have an existing business, drive huge traffic to it and scale it substantially (get more customers). I will use a case study to explain the whole process. As most of us are entrepreneurs here, explaining an actual project would be more meaningful. In this case study I used AI assisted content to grow an existing site from $217/m to $2,836/m in 9 months (NO BACKLINKS) and sold it for $59,000. ROI of 3 months: 355% Previous case studies (before I give an overview of the model) Amazon Affiliate Content Site: $371/m to $19,263/m in 14 MONTHS - $900K CASE STUDY \[AMA\] Affiliate Website from $267/m to $21,853/m in 19 months (CASE STUDY - Amazon?) \[AMA\] Amazon Affiliate Website from $0 to $7,786/month in 11 months Amazon Affiliate Site from $118/m to $3,103/m in 8 MONTHS (SOLD it for $62,000+) Note: You can check pinned posts on my profile. Do go through the comments as well as a lot of questions are answered in those. However, if you still have any questions, feel free to reach out. This is an \[AMA\]. Quick Overview of the Model Approach: High traffic, niche specific, informative content websites that monetise its traffic through highly automated methods like display ads and affiliate. The same model can be applied to existing businesses to drive traffic and get customers. Main idea: Make passive income in a highly automated way Easy to understand analogy You have real estate (here you have digital asset like a website) You get rental income (here you get ads and affiliate income with no physical hassle, in case you have a business like service, product etc. then you can get customers for that too but if not, it's alright) Real estate has value (this digital asset also has value that can be appreciated with less effort) Real estate can be sold (this can be sold too but faster) IMPORTANT NOTE: Search traffic is the BEST way to reach HUGE target audience and it's important when it comes to scaling. This essentially means that you can either monetise that via affiliate, display etc. or if you have a business then you can reach a bigger audience to scale. Overview of this website's valuation (then and now: Oct. 2022 and June 2023) Oct 2022: $217/m Valuation: $5,750.5 (26.5x) - set it the same as the multiple it was sold for June 2023: $2,836/m Traffic and revenue trend: growing fast Last 3 months avg: $2,223 Valuation now: $59,000 (26.5x) Description: The domain was registered in 2016, it grew and then the project was left unattended. I decided to grow it again using properly planned AI assisted content. Backlink profile: 500+ Referring domains (Ahrefs). Backlinks mean the sites linking back to you. This is important when it comes to ranking. Summary of Results of This Website - Before and After Note: If the terms seem technical, do not worry. I will explain them in detail later. Still if you have any questions. Feel free to comment or reach out. |Metric|Oct 2022|June 2023|Difference|Comments| |:-|:-|:-|:-|:-| |Articles|314|804|\+490|AI Assisted content published in 3 months| |Traffic|9,394|31,972|\+22,578|Organic| |Revenue|$217|$2,836|\+$2,619|Multiple sources| |RPM (revenue/1000 web traffic)|23.09|$88.7|\+$65.61|Result of Conversion rate optimisation (CRO). You make changes to the site for better conversions| |EEAT (expertise, experience, authority and trust of website)|2 main authors|8 authors|6|Tables, video ads and 11 other fixations| |CRO|Nothing|Tables, video ads |Tables, video ads and 11 other fixations || &#x200B; Month by Month Growth |Month|Revenue|Steps| |:-|:-|:-| |Sept 2022|NA|Content Plan| |Oct 2022|$217|Content Production| |Nov 2022|$243|Content production + EEAT authors| |Dec 2022|$320|Content production + EEAT authors| |Jan 2023|$400|Monitoring| |Feb 2023|$223|Content production + EEAT authors| |Mar 2023|$2,128|CRO & Fixations| |April 2023|$1,609|CRO & Fixations| |May 2023|$2,223|Content production + EEAT authors| |June 2023|$2,836|CRO and Fixations| |Total|$10,199|| &#x200B; What will I share Content plan and Website structure Content Writing Content Uploading, formatting and onsite SEO Faster indexing Conversion rate optimisation Guest Posting EEAT (Experience, Expertise, Authority, Trust) Costing ROI The plans moving forward with these sites &#x200B; Website Structure and Content Plan This is probably the most important important part of the whole process. The team spends around a month just to get this right. It's like defining the direction of the project. Description: Complete blueprint of the site's structure in terms of organisation of categories, subcategories and sorting of articles in each one of them. It also includes the essential pages. The sorted articles target main keyword, relevant entities and similar keywords. This has to be highly data driven and we look at over 100 variables just to get it right. It's like beating Google's algorithm to ensure you have a blueprint for a site that will rank. It needs to be done right. If there is a mistake, then even if you do everything right - it's not going to work out and after 8-16 months you will realise that everything went to waste. Process For this project, we had a niche selected already so we didn't need to do a lot of research pertaining to that. We also knew the topic since the website was already getting good traffic on that. We just validated from Ahrefs, SEMRUSH and manual analysis if it would be worth it to move forward with that topic. &#x200B; Find entities related to the topic: We used Ahrefs and InLinks to get an idea about the related entities (topics) to create a proper topical relevance. In order to be certain and have a better idea, we used ChatGPT to find relevant entities as well \> Ahrefs (tool): Enter main keyword in keywords explorer. Check the left pain for popular topics \> Inlinks (tool): Enter the main keyword, check the entity maps \> ChatGPT (tool): Ask it to list down the most important and relevant entities in order of their priority Based on this info, you can map out the most relevant topics that are semantically associated to your main topic Sorting the entities in topics (categories) and subtopics (subcategories): Based on the information above, cluster them properly. The most relevant ones must be grouped together. Each group must be sorted into its relevant category. \> Example: Site about cycling. \> Categories/entities: bicycles, gear and equipment, techniques, safety, routes etc. \> The subcategories/subentities for let's say "techniques" would be: Bike handling, pedaling, drafting etc. Extract keywords for each subcategory/subentity: You can do this using Ahrefs or Semrush. Each keyword would be an article. Ensure that you target the similar keywords in one article. For example: how to ride a bicycle and how can I ride a bicycle will be targeted by one article. Make the more important keyword in terms of volume and difficulty as the main keyword and the other one(s) as secondary Define main focus vs secondary focus: Out of all these categories/entities - there will be one that you would want to dominate in every way. So, focus on just that in the start. This will be your main focus. Try to answer ALL the questions pertaining to that. You can extract the questions using Ahrefs. \> Ahrefs > keywords explorer \> enter keyword \> Questions \> Download the list and cluster the similar ones. This will populate your main focus category/entity and will drive most of the traffic. Now, you need to write in other categories/subentities as well. This is not just important, but crucial to complete the topical map loop. In simple words, if you do this Google sees you as a comprehensive source on the topic - otherwise, it ignores you and you don't get ranked Define the URLs End result: List of all the entities and sub-entities about the main site topic in the form of categories and subcategories respectively. A complete list of ALL the questions about the main focus and at around 10 questions for each one of the subcategories/subentities that are the secondary focus Content Writing So, now that there's a plan. Content needs to be produced. Pick out a keyword (which is going to be a question) and... Answer the question Write about 5 relevant entities Answer 10 relevant questions Write a conclusion Keep the format the same for all the articles. Content Uploading, formatting and onsite SEO Ensure the following is taken care of: H1 Permalink H2s H3s Lists Tables Meta description Socials description Featured image 2 images in text \\Schema Relevant YouTube video (if there is) Note: There are other pointers link internal linking in a semantically relevant way but this should be good to start with. Faster Indexing Indexing means Google has read your page. Ranking only after this step has been done. Otherwise, you can't rank if Google hasn't read the page. Naturally, this is a slow process. But, we expedite it in multiple ways. You can use RankMath to quickly index the content. Since, there are a lot of bulk pages you need a reliable method. Now, this method isn't perfect. But, it's better than most. Use Google Indexing API and developers tools to get indexed. Rank Math plugin is used. I don't want to bore you and write the process here. But, a simple Google search can help you set everything up. Additionally, whenever you post something - there will be an option to INDEX NOW. Just press that and it would be indexed quite fast. Conversion rate optimisation Once you get traffic, try adding tables right after the introduction of an article. These tables would feature a relevant product on Amazon. This step alone increased our earnings significantly. Even though the content is informational and NOT review. This still worked like a charm. Try checking out the top pages every single day in Google analytics and add the table to each one of them. Moreover, we used EZOIC video ads as well. That increased the RPM significantly as well. Both of these steps are highly recommended. Overall, we implemented over 11 fixations but these two contribute the most towards increasing the RPM so I would suggest you stick to these two in the start. Guest Posting We made additional income by selling links on the site as well. However, we were VERY careful about who we offered a backlink to. We didn't entertain any objectionable links. Moreover, we didn't actively reach out to anyone. We had a professional email clearly stated on the website and a particularly designated page for "editorial guidelines" A lot of people reached out to us because of that. As a matter of fact, the guy who bought the website is in the link selling business and plans to use the site primarily for selling links. According to him, he can easily make $4000+ from that alone. Just by replying to the prospects who reached out to us. We didn't allow a lot of people to be published on the site due to strict quality control. However, the new owner is willing to be lenient and cash it out. EEAT (Experience, Expertise, Authority, Trust) This is an important ranking factor. You need to prove on the site that your site has authors that are experienced, have expertise, authority and trust. A lot of people were reaching out to publish on our site and among them were a few established authors as well. We let them publish on our site for free, added them on our official team, connected their socials and shared them on all our socials. In return, we wanted them to write 3 articles each for us and share everything on all the social profiles. You can refer to the tables I shared above to check out the months it was implemented. We added a total of 6 writers (credible authors). Their articles were featured on the homepage and so were their profiles. Costing Well, we already had the site and the backlinks on it. Referring domains (backlinks) were already 500+. We just needed to focus on smart content and content. Here is the summary of the costs involved. Articles: 490 Avg word count per article: 1500 Total words: 735,000 (approximately) Cost per word: 2 cents (includes research, entities, production, quality assurance, uploading, formatting, adding images, featured image, alt texts, onsite SEO, publishing/scheduling etc.) Total: $14,700 ROI (Return on investment) Earning: Oct 22 - June 23 Earnings: $10,199 Sold for: $59,000 Total: $69,199 Expenses: Content: $14,700 Misc (hosting and others): $500 Total: $15,200 ROI over a 9 months period: 355.25% The plans moving forward This website was a part of a research and development experiment we did. With AI, we wanted to test new waters and transition more towards automation. Ideally, we want to use ChatGPT or some other API to produce these articles and bulk publish on the site. The costs with this approach are going to be much lower and the ROI is much more impressive. It's not the the 7-figures projects I created earlier (as you may have checked the older case studies on my profile), but it's highly scalable. We plan to refine this model even further, test more and automate everything completely to bring down our costs significantly. Once we have a model, we are going to scale it to 100s of sites. The process of my existing 7-figures websites portfolio was quite similar. I tested out a few sites, refined the model and scaled it to over 41 sites. Now, the fundamentals are the same however, we are using AI in a smarter way to do the same but at a lower cost, with a smaller team and much better returns. The best thing in my opinion is to run numerous experiments now. Our experimentation was slowed down a lot in the past since we couldn't write using AI but now it's much faster. The costs are 3-6 times lower so when it used to take $50-100k to start, grow and sell a site. Now you can pump 3-6 more sites for the same budget. This is a good news for existing business owners as well who want to grow their brand. Anyway, I am excited to see the results of more sites. In the meantime, if you have any questions - feel free to let me know. Best of luck for everything. Feel free to ask questions. I'd be happy to help. This is an AMA.

[Ultimate List] A list of Marketing Tools That I’ve tested over the years and found helpful to do better marketing with less work. More than 50 Tools To Help you with Marketing, Copywriting & Sales!

Starting to focus on marketing for your business, You will come across the same tools mentioned over and over by marketers. I would like to mention here tools that you might haven’t seen going viral in the community but actually will help you grow faster and efficiently. Starting off with My favourite Marketing Channel! #Email Marketing For SMBs Convertkit / Mailerlite / Mailchimp - These 3 Platforms are the best options for SMBs and entrepreneurs just starting out with email marketing. All 3 have free plans up to 1,000 subscribers. Scribe - Email Signature Tool, Create Great Email signatures for your emails. Liramail - Most Email marketing platforms don’t offer great email templates. This tool will help you build great email templates with drag and drop. Quick mail Auto-Warmer - Most Businesses at the beginning don’t know what to do when open rate drops. You need to use an email warmer like this to keep it up. #Email Marketing For Big Businesses SendGrid - Overall Email Marketing Tools, this tool is best for brands that have huge email lists and email marketing is the key marketing channel. Braze - This tool is leading in email marketing for large Email senders. When I was working for agencies, this was one of the best email marketing tools I had used. NeoCertified - Protect your emails for spammers and threats. To keep your email list healthy, this is a must have! Sparkloop - Referral Marketing For Email Campaigns. Email can generate great huge amount of referrals for you and Sparkloop makes it easier. #Cold Emails & Lead Generation Hunter - A Great Tool to scrape emails from domain names. The tool comes with a green free plan but Pro plan is worth the amount of features it provides. Icyleads - It’s better than Hunter as it’s heavily focused on the sales and prospecting to help you derive great results from your campaigns. Mailshake - Beginner Friend Cold Email Tool with Great features like email list warming. #Communication Tools Twilio - One do the best customer engagement platform used by Companies like Stripe and mine too. Chatlio - Use Live chat feature on your website with slack integration. My favourite easier to catch up on conversations through slack integration. Intercom - Used by Most Marketers, Industry Leading customer communication platform. Great for beginners! Chatwoot - Another Amazing Communication Tool but the best part is they have a great free plan useful for new businesses. Loom - Communicate with your audience through Videos. Loom is great for SaaS and to show human interaction to close new visitors effectively. #CRM Outseta - This tool provides great CRM and their billing system is better than other tools out their which makes it stands out! Hubspot - I don’t think this tool needs an introduction because Hubspot’s CRM is the best in industry. Salesflare - This CRM is a great alternative to hubspot as it’s beginner friendly and helpful for SMBs. #SEO Tools Ahrefs - One of the best SEO tool in the industry. They also just launched a bunch of free tools to help SEO beginners. Screaming frog - The only website crawler I have used since I bought my first domain. It’s the best! Ubersuggest- The Tool by Neil Patel is the best SEO tool for you. (I’m Joking, it’s the worst) Contentking - This tool is good at Real-time SEO Auditing, they do a lot of Marketing work through Newsletters. If you are subscribed to any SEO newsletter. You may have seen this tool. SEOquake & Semrush - SEOquake is a great tool to conduct on-page analysis, SERP, and much more. Great tool but it’s owned by Semrush. You should go for Semrush because that tool will cover all SEO aspects for you. #Content Marketing Buzzsumo - This tool is great for content research and but you may find the regular emails pretty annoying sometimes. Contentrow - Analyse Your Content and find it’s strength. Highly recommended who are weak at content structuring like me. Grammarly - If you are not a native English speaker like me, you might think you need it or not. You need it for sure for grammar corrections. #Graphic Design Tools Visme - At agencies, Infographics can be more effective than usual postscript. Visme is a graphic design tool focused on infographics and designs related to B2B and B2C. It’s great for agencies! Glorify - A Graphic Design Tool focused on E-commerce, filled with Designs useful for E-commerce store owners. Canva - All-in-one Industry leading Graphic Design Tool that everyone knows and every template is overused now. Adobe Creative Cloud ( previously Sparkpost) - It’s a great alternative to Canva filled with Amazing Stock images to use in your visuals but the only backlash is the exports in this tool are not high quality. Snaps - A Canva Alternative that might not have overused templates for your Social Accounts. #Advertising Tools Plai - It’s a great PPC tool to create Ads for Instagram and Tiktok. Wordstream - It’s an industry leading PPC Tool, great for Ad Grading and auditing. AdEspresso - This Is a tool by Hootsuite. They have a lot of Data sourced at the backend, which helps in Ad optimisation through this tool. That’s the reason I recommend this tool. #Video Editing Tools Veed Studio - I have been using Veed from last year. It’s one of the best Video Marketing Tool Optimized for Instagram & Tiktok. Synthesia - It’s a new AI video generation platform. From last few months, if you have seen marketing agencies including Videos in Emails. The chances are that’s not a Agency member taking but AI generated Human. Motionbox - It’s also a great video editing tool focused on video editing for Digital Marketers. Jitter Video - It’s a great motion design tool. Comes with great templates, the only place where other tools I mentioned lacks. It’s great and beginner friendly. #Copywriting Jasper AI - Google’s John Mueller says AI generated content is banned on Search but I think with Jasper AI you can generate SEO optimised Content but you have to put in some efforts like at least give 30 minutes for editing the Copy by yourself. Copy AI - Another AI tool to help you write better copy. This one is more focused on helping you write copy suitable for Ads and Social media campaigns. Hemingway App - To help you write more clearly and Bold. This tool is better than Grammarly if you look for writing perspective and it’s free. #Social Media Management App I’ve used a Lot of SMM Tools and that’s why going to mention all of them with a short review. Sprout social - The Best with deep insights coverage. Hootsuite - Great Scheduling tool just under sprout social. Later - Heavily Focused on Instagram from beginning and Now Tiktok too. SkedSocial - It’s like a Later alternative with great addition features like link-in-bio. Facebook’s Business Manager- Great but sometimes bugs can make a huge issue for you and customer support is like dead. Tweet Hunter & Hypefury- Both are Twitter Scheduling tools growing very fast on platform and are great for growth. Buffer - It’s a great tool but I haven’t seen any new updates to help with management. Zoho Social - It’s a great SMM tool and if you use other marketing solutions from Zoho. It’s a must have! #Market Research Tool • SparkToro - That’s the only one I have ever used. It’s great for audience research and comes with great customer service. Founded by Rand Fishkin, it’s one of the best research tool. #Influencer Marketing & UGC InfluenceGrid - A free search engine To find Tiktok & Instagram Influencers for your campaigns. Tiktok Creative Center- TikTok’s in-built tool called “Creative Center” is the best to find content trends, audience demographics and much more. Archive - Find Instagram Stories and Posts mentioning Your brands and use them as Ads for your business Marketing. #Landing Page Builders Leadpages - Its a great landing page builder because the integration and drag-and-drop features makes it easier to work with! Cardd co - A Great Landing page builder with easy step up but it lacks the copywriting and tracking features. Instapage - It’s one of the best out and I think the overall product is effective enough to help you stand out with your landing page. Unbounce - It’s a great alternative to Instapage due its well polished landing page templates that might be helpful for you. #Community Building Mighty Networks - A Great Community building platform, and you can also sell courses within the platform. Circle so - A great alternative to Mighty networks focused on Communities specifically. We are currently using for small community Of ours. #Sales Tools Drift - You can get much more out of Drift than just sales tools but The Sales solutions provided in Drift are one of the best. Salesforce - It’s the industry Sales solution provider. A go-to and have various pricing plans making it suitable for majority of SMBs. #Social Proof Tools People don’t have enough time to search across internet to decide to trust you after seeing your Ad first time. That’s what you might be facing too. Here are two tools I absolutely love for social proof! Use Proof - Show Recent Activities occurring on your website and build the trust of your visitors. Testimonial to - Gather Testimonials across Social Media platforms related to your business with this tool. Capture tweets and comments mentioning your brands and mention them. #Analytics Tools Plausible Analytics- A privacy friendly Analytics alternative to Google Analytics if you hate Analytics 4 like me. Mixpanel - Product Analytics and funnel reports better than Google Analytics. #Reddit Marketing Gummysearch- This tool will help To find your target audience on Reddit and interact with them with its help and close your new customers. Howitzer- It’s another pretty similar tool to Gummysearch focused on Reddit cold outreach to get clients and new customers. Both are great but Gummysearch provides better customer support while Howtizer is helpful on a large scale Reddit Marketing. #Text Marketing Klaviyo - It’s an email + SMS marketing tool, it’s taking up space in marketing industry very quickly as an industry leader due to its great integrations but you need to learn the platform usage to maximise the outcome. Cartloop - This tool provides great text marketing solutions with integration with Spotify and other e-commerce marketing tools. Attentive Mobile - This is my favourite Text marketing tool due to the interactive dashboard + they have a library of Text marketing examples to help you out with your campaigns. #Other Tools I have used throughout my journey! Triple Whale - It’s a great E-commerce marketing tools with Triple pixel to help you track your campaigns more efficiently. Fastory - To create well optimized Instagram & Tiktok Stories for your business. Jotform - Online Form Builder with integrations with leading marketing tools. Gated - As an entrepreneur and marketer, you may receive a bunch of unwanted emails. Use Gated to get rid of them and receive useful mails only! ClickUp- The main Tool for Project Management, one of the best and highly recommended. Riverside - Forget Zoom or Google Meet, For your Podcast Interviews and Marketing conferences. You need riverside with great video quality and recording features. Manychat- Automate your Instagram DMs and interact with your followers more efficiently + sell out your products/ services when you are offline. Calendy - To schedule meetings with your ideal clients. ServiceProviderPro - It’s a client portal for SEO & Growing Agencies, very helpful in scaling agencies. SendCheckit - Compare your Email Subject Lines with 100,000+ others in the database for free. Otter AI - Using AI track your meetings more effectively, you can easily edit, annotate and share notes from the meetings. Ryte - Optimise your website User experience with this tool focused on UX aspects + SEO too. PhantomBuster - Scrape LinkedIn Profile and Data from Facebook/LinkedIn groups. I clearly love this tool! #Honourable Mentions Zapier - The Only tool you need to integrate your favourite tool with a new effective tool. Elementor - That’s what I use for web design and it’s great! Marketer Hire - To hire world class marketers to work with you. InShot & Capcut - I create Instagram Reels and TikTok’s and life without these tools isn’t possible. Nira - It’s a great tool to Manage your workspace and this tool has launched many marketing templates in-built helpful for marketers and also entrepreneurs. X - The tool you love that wasn’t mentioned here is valuable and I honour that tool and share that if you would like to! I mean thanks for reading what I have curated all over my life as a marketer. I share 5 Marketing Tools, 5 Marketing Resources and 1 Free Resourceevery week in my newsletter, you can subscribe here to receive that for free. Also, You can read an expanded list of email marketing tools in this Reddit post!

Is there any point in building a product with AI anymore?

Everyone and their grandmother are building AI products. So it begs the question. Is the AI market now too saturated? Have all the AI apps been thought of? Of course not don't be silly, There is still a significant opportunity to create AI products and become profitable. But let's play devils advocate here. Let's say you're a developer and you want to build your first SaaS product. Now, imagine a world where all AI products were already thought of (a scary thought). What would you do? Would you move onto something else? See, when people think of an idea for a SaaS product what often happens is they do a quick Google search and tend to think "oh crap, it already exists, better move on". Maybe that's the right thing to do...but then again maybe it's not. Before you run for the hills, make sure to check the SEO potential for your idea. If your idea has the potential to rank high on Google and there are already hundreds/thousands of people looking for it then you can take that as all the validation you need to start building it. Here are 3 AI ideas that all have good SEO potential. Each idea has keywords that you can target with a difficulty level 500. This means it's easy to rank high in Google for them and they have a high number of people searching for them each month. AI Accounting Software A Saas product that uses AI to analyze bank transactions, invoices, and receipts to automatically match them and reconcile accounts in real-time, reducing manual work and errors. It would also offer predictive insights, suggesting optimal payment times or highlighting potential cash flow issues based on historical data. Could potentially be integrated with popular accounting software like QuickBooks or Xero. SEO Potential Keyword: ai accounting Keyword Difficulty: 9 Average Search Volume 2900 AI Human Resources Software AI Human Resources Software An AI-driven candidate screening and onboarding platform for small to medium-sized businesses. The tool would use AI to automatically filter job applications based on predefined criteria, rank candidates, and even conduct initial interview assessments using natural language processing. It could also manage onboarding tasks by automating the distribution of paperwork, training schedules, and team introductions. SEO Potential Keyword: ai human resources Keyword Difficulty: 17 Average Search Volume 2900 AI Nutrition Tool A Micro SaaS which creates personalized meal planning and nutrition analysis. The platform would use AI to create tailored meal plans based on users' dietary goals, preferences, allergies, and health data (such as activity level or medical conditions). It could analyze food labels, suggest healthier alternatives, and track nutrient intake in real time, helping users maintain balanced diets. SEO Potential Keyword: ai nutrition Keyword Difficulty: 3 Average Search Volume 720 I created a tool (check the first comment) to find ideas like this.

Follow Along as I Flip this Website - Case Study

I am starting a new case study where I will be documenting my attempt to flip a website that I just purchased from Flippa. However, unlike most case studies where people hide certain parts and details from the public I will instead be sharing everything. That means you will know the exact URL of the site that I purchased and I will share everything with you all as I progress.I know that case studies are lot more interesting and you can learn better when you can see real examples of what I am talking about. Enough of the chatting, let's jump straight into this new case study and I will explain what this is all about. Before you get into the case study I want to give you the option of reading this one my website where all of the images can be seen within the post and it is easier to read. I also want to say that I have nothing to sell you or anything close to it. So if you want to read it there you can do so here ##Introductory Video I have put together a video that talks about many of the things that I cover in this article. So if you would rather watch a video you can watch that here - https://www.youtube.com/watch?v=EE3SxtNnqts However, I go into more detail in the actual article FYI. Also, I plan on using Youtube very frequently in this case study so be on the lookout for new videos.There is going to be a video that will accompany every single case study post because I like having it being presented in two different mediums. ##The Website I Just Bought Around a week ago I made a new website purchase from Flippa and you can view the website's Flippa listing here - https://flippa.com/6439965-hvactraining101-com Screenshot of the Homepage - http://imgur.com/T6Iv1QN I paid $1,250 for the site and you will soon see that I got a really good deal. As you might be able to tell from the URL, this site is focused around training and education for becoming a HVAC technician. This is a lucrative niche to be in and Adsense pays very well. I do not have control of the site yet due to the transfer process not being completed. However, I am hoping within a few days everything will be finalized and I will take full control of the site. In the meantime, I figured it would be a good time to put together the introduction post for this new case study! ##Why I Bought this Website Now that you have a general idea of the website that I purchased, I now want to explain the reasoning behind the purchase. There are 3 major reasons for this purchase and I will explain each one of them below. GREAT Price As I mentioned earlier, I bought this website for $1,250. However, that doesn't mean a whole lot unless you know how much the site is making each month. Screenshot of the earnings for the last 12 months - http://imgur.com/NptxCHy Average Monthly Profits: 3 Month = $126 6 Month = $128 12 Month = $229.50 Let's use the 6 month average of $128/month as our baseline average. Since it is making on average $128/month and it was sold for $1,250 then that means I bought this site at a multiple of 9.76x! Most sites in today's market go for 20x-30x multiples. As you can see, I got a great deal on this site. Although the great price was the biggest reason for me buying this site there are other factors that persuaded me as well. You need to remember that just because you can get a website for a good price it doesn't mean it is a good deal. There are other factors that you need to look at as well. Extremely Under Optimized This site is currently being monetized mainly by Adsense and a very small amount from Quinstreet. From my experience with testing and optimizing Adsense layouts for my site in my Website Investing case study I know the common ad layouts that work best for maximizing Adsense revenue. With that being said, I can quickly determine if a website is being under optimized in terms of the ad layout. One of the first things I did when analyzing this site was examine the ad layout it was using. Screenshot of the website with the ad layout the previous owner was using - http://imgur.com/wqleLVA There is only ONE ad per page being used, that's it. Google allows up to 6 total ads to be used per page and you can imagine how much money is being left on the table because of this. I am estimating that I can probably double the earnings for the site practically overnight once I add more ads to the site. Adding more ads in combination with my favorite Adsense plugin, AmpedSense, I will be able to easily boost the earnings for this site quickly. It is also worth mentioning how lucrative this niche is and how much advertisers are willing to spend on a per click basis. The average CPC for the top keywords this site is currently ranking for in Google - http://imgur.com/ifxiy8B Look at those average CPC numbers, they are insanely high! I could be making up to $25 per click for some of those keywords, which is so absurd to me. Combine these extremely high CPC with the fact that the site currently only has one ad per page and you can start to understand just how under optimized this site truly is. I also plan on utilizing other ad networks such as Quinstreet and Campus Explorer more as well. These two networks are targeted at the education niche which works very well with my site. I will be testing to see if these convert better than normal Adsense ads. Goldmine of Untapped Keywords One of the biggest opportunities I see for growing this site is to target local keywords related to HVAC training. As of right now, the site has only scratched the surface when it comes to trying to rank for state/city keywords. Currently there are only two pages on the entire website which go after local keywords, those two pages target Texas and Florida HVAC search terms. These two pages are two of the more popular pages in terms of total amount of traffic. See the screenshot of the Google Analytics - http://imgur.com/NB0xJ4G Two out of the top five most popular pages for the entire website are focused on local search terms. However, these are the ONLY two pages that target local search terms on the whole site! There are 48 other states, although there may not be search volume for all states, and countless cities that are not being targeted. Why do I think this is such a good opportunity? For a few reasons: Local keywords are a lot easier to rank for in Google than more general keywords This site has been able to rank for two states successfully already and it proves it is possible Traffic going to these local pages is WAY more targeted and will convert at a much higher rate, which means more commissions for me There are so many more states and cities that get a good amount of searches that I can target To give you an idea of the type of keywords these local pages rank for, you can see the top keywords that the Florida page is ranking for in Google: Top ranking keywords for the Florida page - http://imgur.com/j7uKzl2 As you can see these keywords don't get a ton of searches each month, but ranking 1st for a keyword getting 90 searches a month is better than being ranked 10th for a keyword getting 1,000 searches a month. I have started to do some keyword research for other states and I am liking what I am finding so far. Keywords that I have found which I will be targeting with future articles - http://imgur.com/8CCCCWU I will go into more detail about my keyword research in future articles, but I wanted to give you an idea of what my strategy will be! I also wanted to share why I am super excited about the future potential to grow this site by targeting local keywords. ##Risks Yes, there are many good things about this website, but there are always risks involved no matter what the investment is. The same thing goes for this site. Below are some of the risks that I currently see. HTML Site This website is a HTML site and I will need to transfer it to Wordpress ASAP. I have been doing some research on this process and it shouldn't be too hard to get this over to Wordpress. In doing so it will make adding content, managing the back end and just about everything else easier. Also, I am hoping that when I transfer it to Wordpress that it will become more optimized for Google which will increase keyword rankings. Declining Earnings Looking at the last 12 months of earnings you will notice a drop off from last year till now. Earnings from the last 12 months - http://imgur.com/WsotZsj In May of 2015 it looks like the site earned right around $500, which is much higher than the $128 that it is earning now. However, the last 7 or so months have been consistent which is a good sign. Even though the earnings are much lower now then they were a year ago it is good to know that this site has the potential to earn $500/month because it has done it before. Slightly Declining Traffic In the last 12 months the site's traffic has declined, however, it looks like it is picking back up. Traffic from the last 12 months - http://imgur.com/aiYZW9W The decline is nothing serious, but there is a drop on traffic. Let's take a look at the complete history of this site's traffic so we can get a better idea of what is going on here: Complete traffic history - http://imgur.com/tYmboVn The above screenshot is from 2012 all the way up to right now. In the grand scheme of things you can see that the traffic is still doing well and it looks like it is on the upswing now. Those three risks mentioned above are the three biggest risks with this site at this point. It is always good to note the risks and do everything you can to prevent them from causing a problem. ##My Growth Strategy Whenever I purchase a new site I always create an outline or plan on how I will grow the site. Right now, I have some basic ideas on how I will grow this site, but as I go on I will continue to change and optimize my strategies to be more effective. Below I have outlined my current plans to grow: Add more Adsense Ads The very first thing I will do once I get control of the site is add more ads per page. I am predicting that by just adding a few more ads per page I will be able to more than likely double the earnings. I will touch on exactly how I will be optimizing the ad layouts in future posts. Test other Ad Networks I will be doing a lot of testing and experimenting when it comes to the ad networks. I plan on trying out Adsense, Media.net, Quinstreet, Campus Explorer and finding the combination of those 4 which produces the most revenue. The Adsense and Media.net ads will perform well on the more general pages while Quinstreet and Campus Explorer ads will be geared towards the local search terms. There will probably be other ad networks I will try out but these are the four which I will be using right away. If you are aware of any other ad networks out there which are geared towards the education niche please let me know in the comments below! Target Local Keywords with new Content I have already touched on this, but I will starting to produce content targeting these local keywords ASAP. The sooner I add the content to the site the sooner it will start to rank and bring in traffic. I will not be writing my own content and instead I will be outsourcing all of it via Upwork. I will show you all how I go about outsourcing content production and you can see my process for doing that. ##Goals for this Website My goal for the website is to have it valued at $10,000+ within 12 months. Let's break down this larger goal into smaller chunks which will make achieving it easier and more attainable. Earnings - $500/month To get the site valued at $10,000 the site will need to be making $500/month using a 20x monthly multiple. Right now, the site is making around $130/month so it has a ways to before it reaches the $500 a month mark. However, after doing some Adsense optimization I think we could push the earnings to around $300/month without much work. From there, it will come down to trying to bring in more traffic! Traffic - 5,000 Visitors per Month Why 5,000 visitors? Because that is how much traffic it is going to take to get to the $500/month goal. Let me explain how I came to this conclusion: The average RPM for this site is currently $50, which means for every 1,000 page views the site earns $50. After I optimize the Adsense layout for the site and add more ads per page I think I will be able to double the RPM to $100. Using the RPM of $100 the site will need to have 5,000 monthly visitors to earn $500. So 5,000 monthly visitors is the traffic goal I have set and aiming for! The site is currently getting around 3,000 visitors per month so I will need to add an extra 2,000 visitors to get to this goal. ##Want to Follow this Case Study? I will be using Youtube a lot in this case study so make sure to follow my Youtube channel here - www.youtube.com/c/joshshogren Other than that, I think that is going to bring us to the end of the introductory post for this new case study. I hope that you enjoyed reading and that you are excited to follow along! If you have any suggestions to make this case study better PLEASE let me know in the comment below. I want to make this case study the best one I have done yet. Talk to you all in the comment section.

Started a content marketing agency 6 years ago - $0 to $5,974,324 (2023 update)

Hey friends, My name is Tyler and for the past 6 years, I’ve been documenting my experience building a content marketing agency called Optimist. Year 1 - 0 to $500k ARR Year 2 - $500k to $1MM ARR Year 3 - $1MM ARR to $1.5MM(ish) ARR Year 4 - $3,333,686 Revenue Year 5 - $4,539,659 Revenue How Optimist Works First, an overview/recap of the Optimist business model: We operate as a “collective” of full time/professional freelancers Everyone aside from me is a contractor Entirely remote/distributed team Each freelancer earns $65-85/hour Clients pay us a flat monthly fee for full-service content marketing (research, strategy, writing, editing, design/photography, reporting and analytics, targeted linkbuilding, and more) We recently introduced hourly engagements for clients who fit our model but have some existing in-house support Packages range in price from $10-20k/mo We offer profit share to everyone on our core team as a way to give everyone ownership in the company In 2022, we posted $1,434,665 in revenue. It was our highest revenue year to date and brings our lifetime total to $5,974,324. Here’s our monthly revenue from January 2017 to December of 2022. But, like every year, it was a mix of ups and downs. Here’s my dispatch for 2023. — Running a business is like spilling a drink. It starts as a small and simple thing. But, if you don’t clean it up, the spill will spread and grow — taking up more space, seeping into every crack. There’s always something you could be doing. Marketing you could be working on. Pitches you could be making. Networking you could be doing. Client work you could help with. It can be all-consuming. And it will be — if you don’t clean up the spill. I realized this year that I had no containment for the spill that I created. Running an agency was spilling over into nearly every moment of my life. When I wasn’t working, I was thinking about work. When I wasn’t thinking about work, I was dreaming about it. Over the years, I’ve shared about a lot of my personal feelings and experience as an entrepreneur. And I also discussed my reckoning with the limitations of running the business we’ve built. My acceptance that it was an airplane but not a rocket. And my plan to try to compartmentalize the agency to make room in my life for other things — new business ideas, new revenue streams, and maybe some non-income-producing activity. 🤷 What I found in 2022 was that the business wasn’t quite ready for me to make that move. It was still sucking up too much of my time and attention. There were still too many gaps to fill and I was the one who was often filling them. So what do you do? Ultimately you have two choices on the table anytime you run a business and it’s not going the way you want it: Walk away Turn the ship — slowly For a huge number of reasons (personal, professional, financial, etc), walking away from Optimist was not really even an option or the right move for me. But it did feel like things needed to change. I needed to keep turning the ship to get it to the place where it fit into my life — instead of my life fitting around the business. This means 2022 was a year of transition for the agency. (Again?) Refocusing on Profit Some money is better than no money. Right? Oddly, this was one of the questions I found myself asking in 2022. Over the years, we’ve been fortunate to have many clients who have stuck with us a long time. In some cases, we’ve had clients work with us for 2, 3, or even 4 years. (That’s over half of our existence!) But, things have gotten more expensive — we’ve all felt it. We’ve had to increase pay to remain competitive for top talent. Software costs have gone up. It’s eaten into our margin. Because of our increasing costs and evolving scope, many of our best, most loyal clients were our least profitable. In fact, many were barely profitable — if at all. We’ve tried to combat that by increasing rates on new, incoming clients to reflect our new costs and try to make up for shrinking margin on long-term clients. But we didn’t have a good strategy in place for updating pricing for current clients. And it bit us in the ass. Subsidizing lower-profit, long-term clients with new, higher-margin clients ultimately didn’t work out. Our margins continued to dwindle and some months we were barely breaking even while posting six-figures of monthly revenue. 2022 was our highest revenue year but one of our least profitable. It only left one option. We had to raise rates on some of our long-term clients. But, of course, raising rates on a great, long-term client can be delicate. You’ve built a relationship with these people over the years and you’re setting yourself up for an ultimatum — are you more valuable to the client or is the client more valuable to you? Who will blink first? We offered all of these clients the opportunity to move to updated pricing. Unfortunately, some of them weren’t on board. Again, we had 2 options: Keep them at a low/no profit rate Let them churn It seems intuitive that having a low-profit client is better than having no client. But we’ve learned an important lesson many times over the years. Our business doesn’t scale infinitely and we can only handle so many clients at a time. That means that low-profit clients are actually costing us money in some cases. Say our average client generates $2,500 per month in profit — $30,000 per year. If one of our clients is only generating $500/mo in profit, working with them means missing out on bringing on a more profitable client (assuming our team is currently at capacity). Instead of $30,000/year, we’re only making $6,000. Keeping that client costs us $24,000. That’s called opportunity cost. So it’s clear: We had to let these clients churn. We decided to churn about 25% of our existing clients. On paper, the math made sense. And we had a pretty consistent flow of new opportunities coming our way. At the time, it felt like a no-brainer decision. And I felt confident that we could quickly replace these low-profit clients with higher-margin ones. I was wrong. Eating Shit Right after we initiated proactively churning some of our clients, other clients — ones we planned to keep — gave us notice that they were planning to end the engagement. Ouch. Fuck. We went from a 25% planned drop in revenue to a nearly 40% cliff staring us right in the face. Then things got even worse. Around Q3 of this year, talk of recession and layoffs really started to intensify. We work primarily with tech companies and startups. And these were the areas most heavily impacted by the economic news. Venture funding was drying up. Our leads started to slow down. This put us in a tough position. Looking back now, I think it’s clear that I made the wrong decision. We went about this process in the wrong way. The reality sinks in when you consider the imbalance between losing a client and gaining a client. It takes 30 days for someone to fire us. It’s a light switch. But it could take 1-3 months to qualify, close, and onboard a new client. We have lots of upfront work, research, and planning that goes into the process. We have to learn a new brand voice, tone, and style. It’s a marathon. So, for every client we “trade”, there’s a lapse in revenue and work. This means that, in retrospect, I would probably have made this transition using some kind of staggered schedule rather than a cut-and-dry approach. We could have gradually off-boarded clients when we had more definitive work to replace them. I was too confident. But that’s a lesson I had to learn the hard way. Rebuilding & Resetting Most of the voluntary and involuntary churn happened toward the end of 2022. So we’re still dealing with the fall out. Right now, it feels like a period of rebuilding. We didn’t quite lose 50% of our revenue, but we definitely saw a big hit heading into 2023. To be transparent: It sucks. It feels like a gigantic mistake that I made which set us back significantly from our previous high point. I acted rashly and it cost us a lot of money — at least on the surface. But I remind myself of the situation we were in previously. Nearly twice the revenue but struggling to maintain profitability. Would it have been better to try to slowly fix that situation and battle through months of loss or barely-break-even profits? Or was ripping off the bandaid the right move after all? I’m an optimist. (Heh, heh) Plus, I know that spiraling over past decisions won’t change them or help me move forward. So I’m choosing to look at this as an opportunity — to rebuild, reset, and refocus the company. I get to take all of the tough lessons I’ve learned over the last 6 years and apply them to build the company in a way that better aligns with our new and current goals. It’s not quite a fresh, clean start, but by parting ways with some of our oldest clients, we’ve eliminated some of the “debt” that’s accumulated over the years. We get a chance to fully realize the new positioning that we rolled out last year. Many of those long-term clients who churned had a scope of work or engagement structure that didn’t fit with our new positioning and focus. So, by losing them, we’re able to completely close up shop on the SOWs that no longer align with the future version of Optimist. Our smaller roster of clients is a better fit for that future. My job is to protect that positioning by ensuring that while we’re rebuilding our new roster of clients we don’t get desperate. We maintain the qualifications we set out for future clients and only take on work that fits. How’s that for seeing the upside? Some other upside from the situation is that we got an opportunity to ask for candid feedback from clients who were leaving. We asked for insight about their decision, what factors they considered, how they perceived us, and the value of our work. Some of the reasons clients left were obvious and possibly unavoidable. Things like budget cuts, insourcing, and uncertainty about the economy all played at least some part of these decisions. But, reading between the lines, where was one key insight that really struck me. It’s one of those, “oh, yeah — duh — I already knew that,” things that can be difficult to learn and easy to forget…. We’re in the Relationship Business (Plan Accordingly) For all of our focus on things like rankings, keywords, content, conversions, and a buffet of relevant metrics, it can be easy to lose the forest for the trees. Yes, the work itself matters. Yes, the outcomes — the metrics — matter. But sometimes the relationship matters more. When you’re running an agency, you can live or die by someone just liking you. Admittedly, this feels totally unfair. It opens up all kinds of dilemmas, frustration, opportunity for bias and prejudice, and other general messiness. But it’s the real world. If a client doesn’t enjoy working with us — even if for purely personal reasons — they could easily have the power to end of engagement, regardless of how well we did our actual job. We found some evidence of this in the offboarding conversations we had with clients. In some cases, we had clients who we had driven triple- and quadruple-digital growth. Our work was clearly moving the needle and generating positive ROI and we had the data to prove it. But they decided to “take things in another direction” regardless. And when we asked about why they made the decision, it was clear that it was more about the working relationship than anything we could have improved about the service itself. The inverse is also often true. Our best clients have lasting relationships with our team. The work is important — and they want results. But even if things aren’t quite going according to plan, they’re patient and quick to forgive. Those relationships feel solid — unshakeable. Many of these folks move onto new roles or new companies and quickly look for an opportunity to work with us again. On both sides, relationships are often more important than the work itself. We’ve already established that we’re not building a business that will scale in a massive way. Optimist will always be a small, boutique service firm. We don’t need 100 new leads per month We need a small, steady roster of clients who are a great fit for the work we do and the value we create. We want them to stick around. We want to be their long-term partner. I’m not built for churn-and-burn agency life. And neither is the business. When I look at things through this lens, I realize how much I can cut from our overall business strategy. We don’t need an ultra-sophisticated, multi-channel marketing strategy. We just need strong relationships — enough of them to make our business work. There are a few key things we can take away from this as a matter of business strategy: Put most of our effort into building and strengthening relationships with our existing clients Be intentional about establishing a strong relationship with new clients as part of onboarding Focus on relationships as the main driver of future business development Embracing Reality: Theory vs Practice Okay, so with the big learnings out the way, I want to pivot into another key lesson from 2022. It’s the importance of understanding theory vs practice — specifically when it comes to thinking about time, work, and life. It all started when I was considering how to best structure my days and weeks around running Optimist, my other ventures, and my life goals outside of work. Over the years, I’ve dabbled in many different ways to block time and find focus — to compartmentalize all of the things that are spinning and need my attention. As I mapped this out, I realized that I often tried to spread myself too thin throughout the week. Not just that I was trying to do too much but that I was spreading that work into too many small chunks rather than carving out time for focus. In theory, 5 hours is 5 hours. If you have 5 hours of work to get done, you just fit into your schedule whenever you have an open time slot. In reality, a single 5-hour block of work is 10x more productive and satisfying than 10, 30-minute blocks of work spread out across the week. In part, this is because of context switching. Turning your focus from one thing to another thing takes time. Achieving flow and focus takes time. And the more you jump from one project to another, the more time you “lose” to switching. This is insightful for me both in the context of work and planning my day, but also thinking about my life outside of Optimist. One of my personal goals is to put a finite limit on my work time and give myself more freedom. I can structure that in many different ways. Is it better to work 5 days a week but log off 1 hour early each day? Or should I try to fit more hours into each workday so I can take a full day off? Of course, it’s the latter. Both because of the cost of context switching and spreading work into more, smaller chunks — but also because of the remainder that I end up with when I’m done working. A single extra hour in my day probably means nothing. Maybe I can binge-watch one more episode of a new show or do a few extra chores around the house. But it doesn’t significantly improve my life or help me find greater balance. Most things I want to do outside of work can’t fit into a single extra hour. A full day off from work unlocks many more options. I can take the day to go hiking or biking. I can spend the day with my wife, planning or playing a game. Or I can push it up against the weekend and take a 3-day trip. It gives me more of the freedom and balance that I ultimately want. So this has become a guiding principle for how I structure my schedule. I want to: Minimize context switching Maximize focused time for work and for non-work The idea of embracing reality also bleeds into some of the shifts in business strategy that I mentioned above. In theory, any time spent on marketing will have a positive impact on the company. In reality, focusing more on relationships than blasting tweets into the ether is much more likely to drive the kind of growth and stability that we’re seeking. As I think about 2023, I think this is a recurring theme. It manifests in many ways. Companies are making budget cuts and tough decisions about focus and strategy. Most of us are looking for ways to rein in the excess and have greater impact with a bit less time and money. We can’t do everything. We can’t even do most things. So our #1 priority should be to understand the reality of our time and our effort to make the most of every moment (in both work and leisure). That means thinking deeply about our strengths and our limitations. Being practical, even if it feels like sacrifice. Update on Other Businesses Finally, I want to close up by sharing a bit about my ventures outside of Optimist. I shared last year how I planned to shift some of my (finite) time and attention to new ventures and opportunities. And, while I didn’t get to devote as much as I hoped to these new pursuits, they weren’t totally in vain. I made progress across the board on all of the items I laid out in my post. Here’s what happened: Juice: The first Optimist spin-out agency At the end of 2021, we launched our first new service business based on demand from Optimist clients. Focused entirely on building links for SEO, we called the agency Juice. Overall, we made strong progress toward turning this into a legitimate standalone business in 2022. Relying mostly on existing Optimist clients and a few word-of-mouth opportunities (no other marketing), we built a team and set up a decent workflow and operations. There’s still many kinks and challenges that we’re working through on this front. All told, Juice posted almost $100,000 in revenue in our first full year. Monetizing the community I started 2022 with a focus on figuring out how to monetize our free community, Top of the Funnel. Originally, my plan was to sell sponsorships as the main revenue driver. And that option is still on the table. But, this year, I pivoted to selling paid content and subscriptions. We launched a paid tier for content and SEO entrepreneurs where I share more of my lessons, workflows, and ideas for building and running a freelance or agency business. It’s gained some initial traction — we reached \~$1,000 MRR from paid subscriptions. In total, our community revenue for 2022 was about $2,500. In 2023, I’m hoping to turn this into a $30,000 - $50,000 revenue opportunity. Right now, we’re on track for \~$15,000. Agency partnerships and referrals In 2022, we also got more serious about referring leads to other agencies. Any opportunity that was not a fit for Optimist or we didn’t have capacity to take on, we’d try to connect with another partner. Transparently, we struggled to operationalize this as effectively as I would have liked. In part, this was driven by my lack of focus here. With the other challenges throughout the year, I wasn’t able to dedicate as much time as I’d like to setting goals and putting workflows into place. But it wasn’t a total bust. We referred out several dozen potential clients to partner agencies. Of those, a handful ended up converting into sales — and referral commission. In total, we generated about $10,000 in revenue from referrals. I still see this as a huge opportunity for us to unlock in 2023. Affiliate websites Lastly, I mentioned spending some time on my new and existing affiliate sites as another big business opportunity in 2022. This ultimately fell to the bottom of my list and didn’t get nearly the attention I wanted. But I did get a chance to spend a few weeks throughout the year building this income stream. For 2022, I generated just under $2,000 in revenue from affiliate content. My wife has graciously agreed to dedicate some of her time and talent to these projects. So, for 2023, I think this will become a bit of a family venture. I’m hoping to build a solid and consistent workflow, expand the team, and develop a more solid business strategy. Postscript — AI, SEO, OMG As I’m writing this, much of my world is in upheaval. If you’re not in this space (and/or have possibly been living under a rock), the release of ChatGPT in late 2022 has sparked an arms race between Google, Bing, OpenAI, and many other players. The short overview: AI is likely to fundamentally change the way internet search works. This has huge impact on almost all of the work that I do and the businesses that I run. Much of our focus is on SEO and understanding the current Google algorithm, how to generate traffic for clients, and how to drive traffic to our sites and projects. That may all change — very rapidly. This means we’re standing at a very interesting point in time. On the one hand, it’s scary as hell. There’s a non-zero chance that this will fundamentally shift — possibly upturn — our core business model at Optimist. It could dramatically change how we work and/or reduce demand for our core services. No bueno. But it’s also an opportunity (there’s the optimist in me, again). I certainly see a world where we can become leaders in this new frontier. We can pivot, adjust, and capitalize on a now-unknown version of SEO that’s focused on understanding and optimizing for AI-as-search. With that, we may also be able to help others — say, those in our community? — also navigate this tumultuous time. See? It’s an opportunity. I wish I had the answers right now. But, it’s still a time of uncertainty. I just know that there’s a lot of change happening and I want to be in front of it rather than trying to play catch up. Wish me luck. — Alright friends — that's my update for 2023! I’ve always appreciated sharing these updates with the Reddit community, getting feedback, being asked tough questions, and even battling it out with some of my haters (hey!! 👋) As usual, I’m going to pop in throughout the next few days to respond to comments or answer questions. Feel free to share thoughts, ideas, and brutal takedowns in the comments. If you're interested in following the Optimist journey and the other projects I'm working on in 2023, you can follow me on Twitter. Cheers, Tyler P.S. - If you're running or launching a freelance or agency business and looking for help figuring it out, please DM me. Our subscription community, Middle of the Funnel, was created to provide feedback, lessons, and resources for other entrepreneurs in this space.

12 months ago, I was unemployed. Last week my side hustle got acquired by a $500m fintech company

I’ve learned so much over the years from this subreddit. I thought I’d return the favour and share some of my own learnings. In November 2020 my best friend and I had an idea. “What if we could find out which stocks the Internet is talking about?” This formed the origins of Ticker Nerd. 9 months later we sold Ticker Nerd to Finder (an Australian fintech company valued at around $500m). In this post, I am going to lay out how we got there. How we came up with the idea First off, like other posts have covered - you don’t NEED a revolutionary or original idea to build a business. There are tonnes of “boring” businesses making over 7 figures a year e.g. law firms, marketing agencies, real estate companies etc. If you’re looking for an exact formula to come up with a great business idea I’m sorry, but it doesn’t exist. Finding new business opportunities is more of an art than a science. Although, there are ways you can make it easier to find inspiration. Below are the same resources I use for inspiration. I rarely ever come up with ideas without first searching one of the resources below for inspiration: Starter Story Twitter Startup Ideas My First Million Trends by the Hustle Trends VC To show how you how messy, random and unpredictable it can be to find an idea - let me explain how my co-founder and I came up with the idea for Ticker Nerd: We discovered a new product on Twitter called Exploding Topics. It was a newsletter that uses a bunch of software and algorithms to find trends that are growing quickly before they hit the mainstream. I had recently listened to a podcast episode from My First Million where they spoke about Motley Fool making hundreds of millions from their investment newsletters. We asked ourselves what if we could build a SaaS platform similar to Exploding Topics but it focused on stocks? We built a quick landing page using Carrd + Gumroad that explained what our new idea will do and included a payment option to get early access for $49. We called it Exploding Stock (lol). We shared it around a bunch of Facebook groups and subreddits. We made $1,000 in pre-sales within a couple days. My co-founder and I can’t code so we had to find a developer to build our idea. We interviewed a bunch of potential candidates. Meanwhile, I was trawling through Wall Street Bets and found a bunch of free tools that did roughly what we wanted to build. Instead of building another SaaS tool that did the same thing as these free tools we decided to pivot from our original idea. Our new idea = a paid newsletter that sends a weekly report that summarises 2 of the best stocks that are growing in interest on the Internet. We emailed everyone who pre-ordered access, telling them about the change and offered a full refund if they wanted. tl;dr: We essentially combined two existing businesses (Exploding Topics and Motley Fool) and made it way better. We validated the idea by finding out if people will actually pay money for it BEFORE we decided to build it. The idea we started out with changed over time. How to work out if your idea will actually make money It’s easy to get hung up on designing the logo or choosing the perfect domain name for your new idea. At this stage none of that matters. The most important thing is working out if people will pay money for it. This is where validation comes in. We usually validate ideas using Carrd. It lets you build a simple one page site without having to code. The Ticker Nerd site was actually built using a Carrd template. Here’s how you can do it yourself (at a high level): Create a Carrd pro account (yes it's a $49 one off payment but you’ll get way more value out of it). Buy a cheap template and send it to your Carrd account. You can build your own template but this will save you a lot of time. Once the template reaches your Carrd account, duplicate it. Leave the original so it can be duplicated for other ideas. Jump onto Canva (free) and create a logo using the free logos provided. Import your logo. Add copy to the page that explains your idea. Use the AIDA formula. Sign up to Gumroad (free) and create a pre-sale campaign. Create a discounted lifetime subscription or version of the product. This will be used pre-sales. Add the copy from the site into the pre-sale campaign on Gumroad. Add a ‘widget’ to Carrd and connect it to Gumroad using the existing easy integration feature. Purchase a domain name. Connect it to Carrd. Test the site works. Share your website Now the site is ready you can start promoting it in various places to see how the market reacts. An easy method is to find relevant subreddits using Anvaka (Github tool) or Subreddit Stats. The Anvaka tool provides a spider map of all the connected subreddits that users are active in. The highlighted ones are most relevant. You can post a thread in these subreddits that offer value or can generate discussion. For example: ‘I’m creating a tool that can write all your copy, would anyone actually use this?’ ‘What does everything think of using AI to get our copy written faster?’ ‘It’s time to scratch my own itch, I’m creating a tool that writes marketing copy using GPT-3. What are the biggest problems you face writing marketing copy? I’ll build a solution for it’ Reddit is pretty brutal these days so make sure the post is genuine and only drop your link in the comments or in the post if it seems natural. If people are interested they’ll ask for the link. Another great place to post is r/entrepreuerridealong and r/business_ideas. These subreddits expect people to share their ideas and you’ll likely make some sales straight off the bat. I also suggest posting in some Facebook groups (related to your idea) as well just for good measure. Assess the results If people are paying you for early access you can assume that it’s worth building your idea. The beauty of posting your idea on Reddit or in Facebook groups is you’ll quickly learn why people love/hate your idea. This can help you decide how to tweak the idea or if you should drop it and move on to the next one. How we got our first 100 customers (for free) By validating Ticker Nerd using subreddits and Facebook groups this gave us our first paying customers. But we knew this wouldn’t be sustainable. We sat down and brainstormed every organic strategy we could use to get traction as quickly as possible. The winner: a Product Hunt launch. A successful Product Hunt launch isn’t easy. You need: Someone that has a solid reputation and audience to “hunt” your product (essentially an endorsement). An aged Product Hunt account - you can’t post any products if your account is less than a week old. To be following relevant Product Hunt members - since they get notified when you launch a new product if they’re following you. Relationships with other builders and makers on Product Hunt that also have a solid reputation and following. Although, if you can pull it off you can get your idea in front of tens of thousands of people actively looking for new products. Over the next few weeks, I worked with my co-founder on connecting with different founders, indie hackers and entrepreneurs mainly via Twitter. We explained to them our plans for the Product Hunt launch and managed to get a small army of people ready to upvote our product on launch day. We were both nervous on the day of the launch. We told ourselves to have zero expectations. The worst that could happen was no one signed up and we were in the same position as we’re in now. Luckily, within a couple of hours Ticker Nerd was on the homepage of Product Hunt and in the top 10. The results were instant. After 24 hours we had around 200 people enter their payment details to sign up for our free trial. These signups were equal to around $5,800 in monthly recurring revenue. \-- I hope this post was useful! Drop any questions you have below and I’ll do my best to respond :)

Building and launching an AI-powered Product Strategy tool, or; a story of nights and weekends

Speaking to peers in the software development sphere I learned of one constant that we had all personally experienced throughout our careers: a bloated product development process that feels like work for the sake of work, centred around the highest-paid person's opinion instead of its customers. We didn't like how current tools assume AI will provide the perfect answer on the first run. Instead, we wanted a tool that allows for manual refining and editing AI suggestions, keeping all previous ideas in context. This way, we can develop a solution step by step, instead of trying to get it perfect on the first try. An approach more similar to how you'd typically approach product discovery as a human. AI is then used to help save time and reduce admin, instead of replace the expert So, we got together and asked over 100 Product Managers questions about it, brought all that feedback goodness together, and started building Squad. We think we've created something really cool and hope you think so too. The ELI5 on what Squad does: 1) Creates alignment that empowers bottom up software development whilst keeping executive in the loop 2) Increases confidence that what you're building is what people actually want - data driven by default 2) Speeds up the time from idea --> execution by ideating with you on an experimentation approach 3) Helps gives PMs time back to focus on strategy (currently stats show they spend 75% of their time on admin, 25% on strategy) The team hustled hard on this as a passion project while working day jobs, and today have launched on Product Hunt. Check it out and see if the mission resonates with you, we'd appreciate the love! https://www.producthunt.com/posts/squad-8b75e29c-d767-4a8f-a60a-fd162e141a72 &#x200B;

Would you pay to get an AI generated marketing and branding strategy for your e-commerce brand?

I am thinking of an idea where - brands can create their marketing strategy along with social media content Upload images and get their images cleaned, in high quality, for their product with relevant backgrounds along with the branding strategy that’s outputted. Does this idea make sense? More importantly, do you see someone paying for it? And, are there companies already doing it?

boring passive site... now 42k monthly visitors and $2540 MRR

people underestimate SEO... It is evergreen... passive... digital real estate. it can do magic... if you are consistent. Especially now with AI you can 2X your traffic growth and automate 85% of the work. For the past 6 months... we've been building an online directory. we just reached $2540 MRR... with SEO only... from a complete zero. I did share this on other subreddits. Maybe this gives ideas to someone. \+ This can be easily replicated if you have a website lol Current metrics: $2540 MRR - businesses pay us to list on the directory + display ads + pay to be featured. 43k monthly visitors - in the past couple of weeks our SEO growth is a hockey stick. DR (Domain Rating) 35 - it took us 2.5 months to get to that. 51 okay-ish quality referring domains (90% of them are do-follow) and 1.6k backlinks. There are probably 3 main pillars I try to focus on: keywords --> which then is the basis for ALL the content pieces we do blogs, landing pages, about us pages, competitor comparisons etc --> we use a DIY excel file to automate content production at scale. backlinks --> boost DR --> one of the main things to boost ranking on google. website health --> this is technical stuff like internal and external linking, schemas, canonical tags, alt texts, load speeds, compressed images, meta descriptions, titles etc --> do this once... and do it GOOD. $0.07 per SEO optimised blog at scale with AI Yep... we've literally built our own SEO blog tool... and it is a Spreadsheet with bunch of app scripts :D NOTE that we add a little bit of human touch to those blogs that are picked up by Google rank top in 25 How it works... is that we paste in bunch of links (other websites, blogs, news articles) and with a click of a button we can get up to 2000 SEO optimised content pieces... from an Excel file... $0.07 per blog. The spreadsheet is integrated with Chat gpt (obviously). We use GPT-4 for meta descriptions, titles, transforming the content from text to html code since it is more powerful, and GPT-4o for content itself because it is cheaper and faster for "general text". The spreadsheet repurposes content. The spreadsheet generates: Meta descriptions and titles FAQs sections - DON'T skip FAQ sections! They are a must for SEO. On Ahrefs... there is a section of questions people are searching about your keyword... that's your FAQs It can find contextual youtube videos (links to those videos) - to show google that our content is not "just text" thus higher quality. Screenshots and images of the original source (the website link we inputed) I then download a csv version of the excel and import it into our Webflow. The csv file column names match our webflow CMS field names. tbh... we didn't even know that it can be done with a spreadsheet. We "tried" building it because every other tool we were using is (1) expensive from $0.59 per SEO content piece (2) they didn't provide the scale we wanted (3) we wanted more control over the output. Focus on DR 35+ backlinks... easier We bought backlinks only once... rest of the backlinks was a manual work from us. Bunch of free listing databases (about 65% of our backlinks) You can comment on open forums with your link to get a backlink (be careful tho) Post a blog on Medium com --> DR 94 backlink (takes time to Index) If you pay for Notion you can get a DR 94 backlink from Notion If you use Beehiiv you can get a DR 86 backlink from Beehiiv Google product stacking (Google sites, Google notes etc) --> backlink from almighty Google itself A lot of work goes into backlinks because they are THAT important. I have tried bunch of "black hat" strategies as well... but note that all of these strategies won't work if you don't index the primary source from where your backlink is coming from. BIG search volume and low KD Key things I'm looking for in keywords: I use Ahrefs Keyword research tool... it is literally free BIG search volume - 2k+ is oaky-ish for a single keyword EASY to rank - KD (keyword difficulty) below 15 Look for long tail keywords (these are golden nuggets since they have a VERY clear search intent) - "how to edit..." "how to change..." "how to delete..." "how to paint..." I hope you got the idea. on Ahrefs you can use "\" to get BIG volume long tail keywords... like this "my keyword\". Ahrefs then populates the "\" with the tail. Check SERP (Search Engine Result Page) for your keywords - it shows current top 10 pages for those KWs. Check their content. Can you improve it? Have they missed anything? Keyword gap from your competitors - shows EASY keywords that your competitors have missed and also shows what keywords overlap with you. Also one cool thing... if you don't type any keywords on Ahrefs and press "Enter"... you can browse all the keywords out there... it is magical. Once we have the keywords, we run our spreadsheet. And that's pretty much it. I hope that you can get some ideas from this little silly project. Also... if you have any questions about this... I might share the SEO blog automation excel file/help if people are interested...

Made $19.2k this month, and just surpassed $1000 the last 24 hours. What I did and what's next.

It's the first time I hit $1000+ in 24 hours and I had no one to share it with (except you guys). I'm quite proud of my journey, and I would have thought that making $1000 in a day would make me ecstatic, but actually it's not the case. Not sure if it's because my revenue has grown by increment step so I had time to "prepare" myself to achieve this at one point, or just that I'm nowhere near my goal of 100k/month so that I'm not that affected by it. But it's crazy to think that my goal was to make 100$ daily at the end of 2024. So for those who don't know me (I guess most of you), I build mobile apps and ship them as fast as I can. Most of them are in the AI space. I already made a post here on how I become a mobile app developer so you can check it for more details, but essentially here's what I did : Always loved creating my own things and solve problems Built multiple YouTube channels since I was 15 (mobile gaming actually) that all worked great (but it was too niche so not that scalable, didn't like that) Did a few businesses here and there (drop shopping, selling merch to school, etc) Finished my master's degree in engineering about 2 years ago Worked a moment in a famous watch industry company and saw my potential. The combo of health issues, fixed salary (although it was quite a lot), and me wanting to be an entrepreneur made me leave the company. Created a TikTok account in mobile tech (got 10+ million views the 1st 3 days), manage to grow it to 200k subs in about 3 months Got plenty of collabs for promoting mobile apps (between $500 - $2000 for a collab) Said fuck it I should do my own apps and market them on my TikTok instead of doing collabs Me wanting to build my own apps happened around May-June 2023. Started my TikTok in Feb 2023. At this point I had already 150k+ subs on TikTok. You guys need to know that I suck at coding big time. During my studies I tried to limit as much as I could coding because I was a lazy bast*rd, even though I knew it would come to bite me in the ass one day. But an angel appeared to me in broad daylight, that angel was called GPT-4. I subscribed for 20$/month to get access, and instantly I saw the potential of AI and how much it could help me. Last year GPT-4 was ahead of its time and could already code me basic apps. I had already a mac so I just downloaded Xcode and that was it. My 1st app was a wallpaper app, and I kid you not 90% of it was made by AI. Yes sometimes I had to try again and again with different prompts but it was still so much faster compared to if I had to learn coding from scratch and write code with my own hands. The only thing I didn't do was implement the in app purchase, from which I find a guy on Fiverr to do it for me for 50$. After about 2 months of on-off coding, my first app was ready to be launched. So it was launched, had a great successful launch without doing any videos at that point (iOS 17 was released and my app was the first one alongside another one to offer live wallpapers for iOS 17. I knew that there was a huge app potential there when iOS 17 was released in beta as Apple changed their live wallpaper feature). I Then made a video a few weeks after on my mobile tiktok channel, made about 1 million views in 48 hours, brought me around 40k additional users. Was top 1 chart in graphism and design category for a few weeks (in France, as I'm French so my TikTok videos are in French). And was top 100 in that same category in 120+ countries. Made about 500$ ? Okay that was trash, but I had no idea to monetize the app correctly at that point. It was still a huge W to me and proved me that I could successfully launch apps. Then I learned ASO (App Store Optimization) in depth, searched on internet, followed mobile app developers on Twitter, checked YouTube videos, you name it. I was eager to learn more. I needed more. Then I just iterated, build my 2nd app in less than a month, my 3rd in 3 weeks and so on. I just build my 14th app in 3 days and is now in review. Everytime I manage to reuse some of my other app's code in my new one, which is why I can build them so much faster now. I know how to monetize my app better by checking out my competitors. I learn so much by just "spying" other apps. Funnily enough, I only made this one Tiktok video on my main account to promote my app. For all my other apps, I didn't do a single video where I showcase it, the downloads has only been thanks to ASO. I still use AI everyday. I'm still not good at coding (a bit better than when I started). I use AI to create my app icons (midjourney or the new AI model Flux which is great). I use figma + midjourney to create my App Store screenshots (and they actually look quite good). I use GPT-4o and Claude 3.5 Sonnet to code most of my apps features. I use gpt-4o to localize my app (if you want to optimize the number of downloads I strongly suggest localizing your app, it takes me about 10 minutes thanks to AI). Now what are my next goals ? To achieve the 100k/month I need to change my strategy a little. Right now the $20k/month comes from purely organic downloads, I didn't do any paid advertising. It will be hard for me to keep on launching new apps and rely on ASO to reach the 100k mark. The best bet to reach 100k is to collab with content creators and they create a viral video showcasing your app. Depending on the app it's not that easy, luckily some of my apps can be viral so I will need to find the right content creators. Second way is to try tiktok/meta ads, I can check (have checked) all the ads that have been made by my competitors (thank you EU), so what I would do is copy their ad concept and create similar ads than them. Some of them have millions in ad budget so I know they create high converting ads, so you don't need to try to create an ad creative from scratch. My only big fear is to get banned by Apple (for no reason of mine). In just a snap of a finger they can just ban you from the platform, that shit scares me. And you pretty much can't do anything. So that's about it for me. I'm quite proud of myself not going to lie. Have been battling so many health issues these past years where I just stay in bed all day I'm surprised to be able to make it work. Anyways feel free to ask questions. I hope it was interesting for some of you at least. PS: My new app was just approved by app review, let the app gods favor me and bring me many downloads ! Also forgot to talk about a potential $100k+ acquisition of one of my apps, but if that ever happens I'll make a post on it.

AI Will Make You Extremely Rich or Kill Your Business in 2024

Preface: I'm a solo-founder in the AI space and previously worked as an ML scientist; the new advancements in AI that I'm seeing are going to impact everyone here. It doesn't matter if you're just starting out, or a bootstrapped brick and mortar founder, or even a VC backed hard tech founder. Last year was when the seeds were laid, and this is the year we'll see them bloom. There will be an onslaught of advancements that take place that are borderline inconceivable due to the nature of exponential progress. This will change every single vertical. I'm making this post because I think AI execution strategy will make or break businesses. Dramatically. Over $50B was put into AI startups in 2023 alone. This figure excludes the hundreds of billions poured into AI from enterprises. So, let's follow the money: &#x200B; 1) AI enterprise software. There's a lot to unpack here and this is what I’m currently working on. AI enterprise software will encompass everything from hyper personalized email outbound to AI cold calls to AI that A/B tests ads on synthetic data to vertical specific software. The impact of the former is relatively self explanatory, so I'll focus on the latter. To illustrate vertical specific AI software, I'll use a simple example in the legal space. Lawyers typically have to comb through thousands of pages of documents. Now, using an LLM + a VDB, an AI can instantly answer all of those questions while surfacing the source and highlighting the specific answer in the contract/document. There are dozens of AI startups for this use case alone. This saves lawyers an immense amount of time and allows them to move faster. Firms that adopt this have a fundamental advantage over law firms that don't adopt this. This was 2023 technology. I'm seeing vertical AI software getting built by my friends in areas from construction, to real estate, to even niche areas like chimney manufacturing. This will exist everywhere. Now, this can be extrapolated much further to be applicable to systems that can do reports and even browse the Internet. This brings me to my next point. &#x200B; 2) AI information aggregation and spread. My gut tells me that this will have a crescendo moment in the future with hardware advancements (Rabbit, Tab, etc.). You won't have to google things because it will be surfaced to you. It's predictive in nature. The people who can get information the fastest will grow their business the fastest. This part is semi-speculative, but due to the nature of LLMs being so expensive to train, I have a strong feeling that large institutions will have access to the \fastest\ and \best\ models that can do this quicker than you and I can. This is why it's important to stay on top. &#x200B; 3) AI content generation This is relevant to running advertisements and any digital marketing aspect of your business. If you can rapidly make content faster than your competitors to put in social media, you will outpace your competitors rapidly. I think most folks are familiar with MidJourney, Stable diffusion, etc. but don't know how to use it. You can generate consistent models for a clothing brand or generate images of a product that you would normally need to hire a professional photographer to take. There's also elevenlabs which is relatively easy to use and can be used to make an MP3 clip as a narration for an ad; this is something I've already done. I'm also still shocked by how many people are unfamiliar with tools like Pika which can do video generation. You could imagine companies having fleets of digital influencers that they control or conjuring up the perfect ad for a specific demographic using a combination of all of the aforementioned tools. &#x200B; In summary, if you feel like I'm being hyperbolic or propagating science fiction fantasies, you're likely already behind. I truly recommend that everyone stays up to date on these advancements as much as possible. If your competitor comes across an AI tool that can increase their ROAS by 5x they can crush you. If your competitor uses a tool that increases the rate at which they receive and aggregate information by 200% (modest estimate) they will crush you. If your competitors have a tool that can reduce their employee size, then they will use it. They'll fire their employees to cut costs and reinvest the money back into their business. It will compound to the point where you're outpaced, and this isn't a level of innovation we've seen since the birth of the industrial revolution. Your customers can get stolen overnight, or you can steal your competition’s customers overnight. TL;DR: This is an opportunity for entrepreneurs to scale faster than they could have possibly imagined, but this also comes with the potential for your company to be obliterated. We've never seen advancements that can have this drastic of an impact this quickly. Adoption will happen fast, and first movers will have a disproportionate and compounding advantage. Watch guides, meet with startups, follow the news, and get rich.

Beginner to the 1st sale: my journey building an AI for social media marketers

Hey everyone! Here’s my journey building an AI for social media marketers all the way up until my first pre-launch sale, hope that could help some of you: My background: studied maths at uni before dropping out to have some startup experiences. Always been drawn to building new things so I reckoned I would have some proper SaaS experiences and see how VC-funded startups are doing it before launching my own.  I’ve always leaned towards taking more risks in my life so leaving my FT job to launch my company wasn’t a big deal for me (+ I’m 22 so still have time to fail over and over). When I left my job, I started reading a lot about UI/UX, no-code tools, marketing, sales and every tool a worthwhile entrepreneur needs to learn about. Given the complexity of the project I set out to achieve, I asked a more technical friend to join as a cofounder and that's when AirMedia was born. We now use bubble for landing page as I had to learn it and custom-code stack for our platform.  Here's our goal: streamlining social media marketing using AI. I see this technology has only being at the premises of what it will be able to achieve in the near-future. We want to make the experience dynamic i.e. all happens from a discussion and you see the posts being analysed from there as well as the creation process - all from within the chat. Fast forward a few weeks ago, we finished developing the first version of our tool that early users describe as a "neat piece of tech" - just this comment alone can keep me going for months :) Being bootstrapped until now, I decided to sell lifetime deals for the users in the waitlist that want to get the tool in priority as well as secure their spot for life. We've had the first sale the first day we made that public ! Now what you all are looking for: How ?  Here was my process starting to market the platform: I need a high-converting landing page so I reckoned which companies out there have the most data and knows what convert and what doesn’t: Unbounce. Took their landing page and adapted it to my value proposition and my ICP.  The ICP has been defined from day 1 and although I’m no one to provide any advice, I strongly believe the ICP has to be defined from day 1 (even before deciding the name of the company). It helps a lot when the customer is you and you’ve had this work experience that helps you identify the problems your users encounter. Started activating the network, posting on Instagram and LinkedIn about what we've built (I've worked in many SaaS start-ups in the past so I have to admit that's a bit of a cheat code). Cold outreach from Sales NAV to our ICP, been growing the waitlist in parallel of building the tool for months now so email marketings with drip sequences and sharing dev updates to build the trust along the way (after all we're making that tool for our users - they should be the first aware about what we're building). I also came across some Whatsapp groups with an awesome community that welcomed our platform with excitement.) The landing page funnel is the following: Landing page -> register waitlist -> upsell page -> confirmation. I've made several landing pages e.g. for marketing agencies, for real estate agents, for marketing director in several different industries. The goal now is just testing out the profiles and who does it resonate the most with. Another growth hack that got us 40+ people on the waitlist: I identified some Instagram posts from competitors where their CTA was "comment AI" and I'll send you our tool and they got over 2k people commenting. Needless to say, I messaged every single user to check out our tool and see if it could help them. (Now that i think about it, the 2% conversion rate there is not great - especially considering the manual labour and the time put behind it). We’ve now got over 400 people on the waitlist so I guess we’re doing something right but we’ll keep pushing as the goal is to sell these lifetime deals to have a strong community to get started. (Also prevents us from going to VCs and I can keep my time focussing exclusively on our users - I’m not into boardroom politics, just wanna build something useful for marketers). Now I’m still in the process of testing out different marketing strategies while developing and refining our platform to make it next level on launch day. Amongst those:  LinkedIn Sales Nav outreach (first sale came from there) Product Hunt Highly personalised cold emails (there I’m thinking of doing 20 emails a day with a personalised landing page to each of those highly relevant marketers). Never seen that and I think this could impress prospects but not sure it’s worth it time / conversion wise. Make content to could go viral (at least 75 videos) that I’m posting throughout several social media accounts such as airmedia\\, airmedia\reels, airmedia\ai (you get the hack) always redirecting to the main page both in the profile description and tagging the main account. I have no idea how this will work so will certainly update some of you that would like to know the results. Will do the same across Facebook, TikTok, Youtube Shorts etc… I’m just looking for a high potential of virality there. This strategy is mainly used to grow personal brands but never seen it applied to companies. Good old cold calling Reddit (wanna keep it transparent ;) ) I’m alone to execute all these strategies + working in parallel to refine the product upon user’s feedback I’m not sure I can do more than that for now. Let me know if you have any feedback/ideas/ tasks I could implement.  I could also make another post about the proper product building process as this post was about the marketing. No I certainly haven’t accomplished anything that puts me in a position to provide advices but I reckon I’m on my way to learn more and more. Would be glad if this post could help some of you.  And of course as one of these marketing channels is Reddit I’ll post the link below for the entrepreneurs that want to streamline their social media or support us. Hope I was able to provide enough value in this post for you to consider :) https://airmedia.uk/

How To Learn About AI Agents (A Road Map From Someone Who's Done It)

If you are a newb to AI Agents, welcome, I love newbies and this fledgling industry needs you! You've hear all about AI Agents and you want some of that action right?  You might even feel like this is a watershed moment in tech, remember how it felt when the internet became 'a thing'?  When apps were all the rage?  You missed that boat right?   Well you may have missed that boat, but I can promise you one thing..... THIS BOAT IS BIGGER !  So if you are reading this you are getting in just at the right time.  Let me answer some quick questions before we go much further: Q: Am I too late already to learn about AI agents? A: Heck no, you are literally getting in at the beginning, call yourself and 'early adopter' and pin a badge on your chest! Q: Don't I need a degree or a college education to learn this stuff?  I can only just about work out how my smart TV works! A: NO you do not.  Of course if you have a degree in a computer science area then it does help because you have covered all of the fundamentals in depth... However 100000% you do not need a degree or college education to learn AI Agents.  Q: Where the heck do I even start though?  Its like sooooooo confusing A: You start right here my friend, and yeh I know its confusing, but chill, im going to try and guide you as best i can. Q: Wait i can't code, I can barely write my name, can I still do this? A: The simple answer is YES you can. However it is great to learn some basics of python.  I say his because there are some fabulous nocode tools like n8n that allow you to build agents without having to learn how to code...... Having said that, at the very least understanding the basics is highly preferable. That being said, if you can't be bothered or are totally freaked about by looking at some code, the simple answer is YES YOU CAN DO THIS. Q: I got like no money, can I still learn? A: YES 100% absolutely.  There are free options to learn about AI agents and there are paid options to fast track you.  But defiantly you do not need to spend crap loads of cash on learning this.  So who am I anyway? (lets get some context)  I am an AI Engineer and I own and run my own AI Consultancy business where I design, build and deploy AI agents and AI automations.  I do also run a small academy where I teach this stuff, but I am not self promoting or posting links in this post because im not spamming this group.  If you want links send me a DM or something and I can forward them to you.  Alright so on to the good stuff, you're a newb, you've already read a 100 posts and are now totally confused and every day you consume about 26 hours of youtube videos on AI agents.....I get you, we've all been there.  So here is my 'Worth Its Weight In Gold' road map on what to do: \[1\]  First of all you need learn some fundamental concepts.  Whilst you can defiantly jump right in start building, I strongly recommend you learn some of the basics.  Like HOW to LLMs work, what is a system prompt, what is long term memory, what is Python, who the heck is this guy named Json that everyone goes on about?  Google is your old friend who used to know everything, but you've also got your new buddy who can help you if you want to learn for FREE.  Chat GPT is an awesome resource to create your own mini learning courses to understand the basics. Start with a prompt such as: "I want to learn about AI agents but this dude on reddit said I need to know the fundamentals to this ai tech, write for me a short course on Json so I can learn all about it. Im a beginner so keep the content easy for me to understand. I want to also learn some code so give me code samples and explain it like a 10 year old" If you want some actual structured course material on the fundamentals, like what the Terminal is and how to use it, and how LLMs work, just hit me, Im not going to spam this post with a hundred links. \[2\] Alright so let's assume you got some of the fundamentals down.  Now what? Well now you really have 2 options.  You either start to pick up some proper learning content (short courses) to deep dive further and really learn about agents or you can skip that sh\*t and start building!  Honestly my advice is to seek out some short courses on agents, Hugging Face have an awesome free course on agents and DeepLearningAI also have numerous free courses. Both are really excellent places to start.  If you want a proper list of these with links, let me know.  If you want to jump in because you already know it all, then learn the n8n platform!   And no im not a share holder and n8n are not paying me to say this.  I can code, im an AI Engineer and I use n8n sometimes.   N8N is a nocode platform that gives you a drag and drop interface to build automations and agents.  Its very versatile and you can self host it.  Its also reasonably easy to actually deploy a workflow in the cloud so it can be used by an actual paying customer.  Please understand that i literally get hate mail from devs and experienced AI enthusiasts for recommending no code platforms like n8n.  So im risking my mental wellbeing for you!!!    \[3\] Keep building!   ((WTF THAT'S IT?????))  Yep. the more you build the more you will learn.  Learn by doing my young Jedi learner.  I would call myself pretty experienced in building AI Agents, and I only know a tiny proportion of this tech.  But I learn but building projects and writing about AI Agents.  The more you build the more you will learn.  There are more intermediate courses you can take at this point as well if you really want to deep dive (I was forced to - send help) and I would recommend you do if you like short courses because if you want to do well then you do need to understand not just the underlying tech but also more advanced concepts like Vector Databases and how to implement long term memory.  Where to next? Well if you want to get some recommended links just DM me or leave a comment and I will DM you, as i said im not writing this with the intention of spamming the crap out of the group. So its up to you.  Im also happy to chew the fat if you wanna chat, so hit me up.  I can't always reply immediately because im in a weird time zone, but I promise I will reply if you have any questions. THE LAST WORD (Warning - Im going to motivate the crap out of you now) Please listen to me:  YOU CAN DO THIS.  I don't care what background you have, what education you have, what language you speak or what country you are from..... I believe in you and anyway can do this.  All you need is determination, some motivation to want to learn and a computer (last one is essential really, the other 2 are optional!) But seriously you can do it and its totally worth it.  You are getting in right at the beginning of the gold rush, and yeh I believe that.   AI Agents are going to be HUGE. I believe this will be the new internet gold rush.

My Side Projects: From CEO to 4th Developer (Thanks, AI 🤖)

Hey Reddit 👋, I wanted to share a bit about some side projects I’ve been working on lately. Quick background for context: I’m the CEO of a mid-to-large-scale eCommerce company pulling in €10M+ annually in net turnover. We even built our own internal tracking software that’s now a SaaS (in early review stages on Shopify), competing with platforms like Lifetimely and TrueROAS. But! That’s not really the point of this post — there’s another journey I’ve been on that I’m super excited to share (and maybe get your feedback on!). AI Transformed My Role (and My Ideas List) I’m not a developer by trade — never properly learned how to code, and to be honest, I don’t intend to. But, I’ve always been the kind of guy who jots down ideas in a notes app and dreams about execution. My dev team calls me their “4th developer” (they’re a team of three) because I have solid theoretical knowledge and can kinda read code. And then AI happened. 🛠️ It basically turned my random ideas app into an MVP generation machine. I thought it’d be fun to share one of the apps I’m especially proud of. I am also planning to build this in public and therefore I am planning to post my progress on X and every project will have /stats page where live stats of the app will be available. Tackling My Task Management Problem 🚀 I’ve sucked at task management for YEARS, I still do! I’ve tried literally everything — Sheets, Todoist, Asana, ClickUp, Notion — you name it. I’d start… and then quit after a few weeks - always. What I struggle with the most is delegating tasks. As a CEO, I delegate a ton, and it’s super hard to track everything I’ve handed off to the team. Take this example: A few days ago, I emailed an employee about checking potential collaboration opportunities with a courier company. Just one of 10s of tasks like this I delegate daily. Suddenly, I thought: “Wouldn’t it be AMAZING if just typing out this email automatically created a task for me to track?” 💡 So… I jumped in. With the power of AI and a few intense days of work, I built a task manager that does just that. But of course, I couldn’t stop there. Research & Leveling It Up 📈 I looked at similar tools like TickTick and Todoist, scraped their G2 reviews (totally legally, promise! 😅), and ran them through AI for a deep SWOT analysis. I wanted to understand what their users liked/didn’t like and what gaps my app could fill. Some of the features people said they were missing didn’t align with the vision for my app (keeping it simple and personal), but I found some gold nuggets: Integration with calendars (Google) Reminders Customizable UX (themes) So, I started implementing what made sense and am keeping others on the roadmap for the future. And I’ve even built for that to, it still doesn’t have a name, however the point is you select on how many reviews of a specific app you want to make a SWOT analysis on and it will do it for you. Example for Todoist in comments. But more on that, some other time, maybe other post ... Key Features So Far: Here’s what’s live right now: ✅ Email to Task: Add an email as to, cc, or bcc — and it automatically creates a task with context, due dates, labels, etc. ✅ WhatsApp Reminders: Get nudged to handle your tasks via WhatsApp. ✅ WhatsApp to Task: Send a message like /task buy groceries — bam, it’s added with full context etc.. ✅ Chrome Extension (work-in-progress): Highlight text on any page, right-click, and send it straight to your task list. Next Steps: Build WITH the Community 👥 Right now, the app is 100% free while still in the early stages. But hey, API calls and server costs aren’t cheap, so pricing is something I’ll figure out with you as we grow. For now, my goal is to hit 100 users and iterate from there. My first pricing idea is, without monthly subscription, I don’t want to charge someone for something he didn’t use. So I am planning on charging "per task", what do you think? Here’s what I have planned: 📍 End of Year Goal: 100 users (starting from… 1 🥲). 💸 Revenue Roadmap: When we establish pricing, we’ll talk about that. 🛠️ Milestones: Post on Product Hunt when we hit 100 users. Clean up my self-written spaghetti code (hire a pro dev for review 🙃). Hire a part-time dev once we hit MRR that can cover its costs. You can check how are we doing on thisisatask.me/stats Other Side Projects I’m Working On: Because… what’s life without taking on too much, right? 😂 Full list of things I’m building: Internal HRM: Not public, tried and tested in-house. Android TV App: Syncs with HRM to post announcements to office TVs (streamlined and simple). Stats Tracker App: Connects to our internal software and gives me real-time company insights. Review Analyzer: Scrapes SaaS reviews (e.g., G2) and runs deep analysis via AI. This was originally for my Shopify SaaS but is quickly turning into something standalone. Coming soon! Mobile app game: secret for now. Let’s Build This Together! Would love it if you guys checked out thisisatask.me and gave it a spin! Still super early, super raw, but I’m pumped to hear your thoughts. Also, what’s a must-have task manager feature for you? Anything that frustrates you with current tools? I want to keep evolving this in public, so your feedback is gold. 🌟 Let me know, Reddit! Are you with me? 🙌

Recently hit 6,600,000 monthly organic traffic for a B2C SaaS website. Here's the 40 tips that helped me make that happen.

Hey guys! So as title says, we recently hit 6,600,000 monthly organic traffic / month for a B2C SaaS website (screenshot. Can't give name publicly, but can show testimonial to a mod). Here's 40 tips that "helped" me make this happen. If you get some value of the post, I write an SEO tip every other day on /r/seogrowth. There's around 10 more tips already up there other than the ones I mention here. If you want to give back for all my walls of text, I'd appreciate a sub <3 Also, there are a bunch of free stuff I mention in the article: content outline, writer guidelines, SEO checklist, and other stuff. Here's the Google Doc with all that! Tip #1. Take SEO With a Grain of Salt A lot of the SEO advice and best practices on the internet are based on 2 things: Personal experiences and case studies of companies that managed to make SEO work for them. Google or John Mueller (Google’s Senior Webmaster Trends Analyst). And, unfortunately, neither of these sources are always accurate. Personal SEO accounts are simply about what worked for specific companies. Sometimes, what worked for others, won’t work for you. For example, you might find a company that managed to rank with zero link-building because their website already had a very strong backlink profile. If you’re starting with a fresh website, chances are, you won’t be able to get the same results. At the same time, information from Google or John Mueller is also not 100% accurate. For example, they’ve said that guest posting is against Google’s guidelines and doesn’t work… But practically, guest posting is a very effective link-building strategy. So the takeaway is this: Take all information you read about SEO with a grain of salt. Analyze the information yourself, and make your conclusions. SEO Tip #2. SEO Takes Time You’ve already heard this one before, but considering how many people keep asking, thought I'd include this anyway. On average, it’s going to take you 6 months to 2 years to get SEO results, depending on the following factors: Your backlink profile. The more quality backlinks you have (or build), the faster you’ll rank. Age of your website. If your website is older (or you purchased an aged website), you can expect your content to rank faster. Amount of content published. The more quality content you publish on your website, the more “authoritative” it is in the eyes of Google, and thus more likely to rank faster. SEO work done on the website. If a lot of your pages are already ranking on Google (page 2-3), it’s easier to get them to page #1 than if you just published the content piece. Local VS global SEO. Ranking locally is (sometimes) easier and faster than ranking globally. That said, some marketing agencies can use “SEO takes time” as an excuse for not driving results. Well, fortunately, there is a way to track SEO results from month #2 - #3 of work. Simply check if your new content pieces/pages are getting more and more impressions on Google Search Console month-to-month. While your content won’t be driving traffic for a while after being published, they’ll still have a growing number of impressions from month #2 or #3 since publication. SEO Tip #3. SEO Might Not Be The Best Channel For You In theory, SEO sounds like the best marketing channel ever. You manage to rank on Google and your marketing seemingly goes on auto-pilot - you’re driving new leads every day from existing content without having to lift a finger… And yet, SEO is not for everyone. Avoid SEO as a marketing channel if: You’re just getting started with your business and need to start driving revenue tomorrow (and not in 1-2 years). If this is you, try Google ads, Facebook ads, or organic marketing. Your target audience is pretty small. If you’re selling enterprise B2B software and have around 2,000 prospects in total worldwide, then it’s simply easier to directly reach out to these prospects. Your product type is brand-new. If customers don’t know your product exists, they probably won’t be Googling it. SEO Tip #4. Traffic Can Be a Vanity Metric I've seen hundreds of websites that drive 6-7 digits of traffic but generate only 200-300 USD per month from those numbers. “What’s the deal?” You might be thinking. “How can you fail to monetize that much traffic?” Well, that brings us to today’s tip: traffic can be a vanity metric. See, not all traffic is created equal. Ranking for “hormone balance supplement” is a lot more valuable than ranking for “Madagascar character names.” The person Googling the first keyword is an adult ready to buy your product. Someone Googling the latter, on the other hand, is a child with zero purchasing power. So, when deciding on which keywords to pursue, always keep in mind the buyer intent behind and don’t go after rankings or traffic just because 6-digit traffic numbers look good. SEO Tip #5. Push Content Fast Whenever you publish a piece of content, you can expect it to rank within 6 months to a year (potentially less if you’re an authority in your niche). So, the faster you publish your content, the faster they’re going to age, and, as such, the faster they’ll rank on Google. On average, I recommend you publish a minimum of 10,000 words of content per month and 20,000 to 30,000 optimally. If you’re not doing link-building for your website, then I’d recommend pushing for even more content. Sometimes, content velocity can compensate for the lack of backlinks. SEO Tip #6. Use Backlink Data to Prioritize Content You might be tempted to go for that juicy, 6-digit traffic cornerstone keyword right from the get-go... But I'd recommend doing the opposite. More often than not, to rank for more competitive, cornerstone keywords, you’ll need to have a ton of supporting content, high-quality backlinks, website authority, and so on. Instead, it’s a lot more reasonable to first focus on the less competitive keywords and then, once you’ve covered those, move on to the rest. Now, as for how to check keyword competitiveness, here are 2 options: Use Mozbar to see the number of backlinks for top-ranking pages, as well as their Domain Authority (DA). If all the pages ranking on page #1 have <5 backlinks and DA of 20 - 40, it’s a good opportunity. Use SEMrush or Ahrefs to sort your keywords by difficulty, and focus on the less difficult keywords first. Now, that said, keep in mind that both of these metrics are third-party, and hence not always accurate. SEO Tip #7. Always Start With Competitive Analysis When doing keyword research, the easiest way to get started is via competitive analysis. Chances are, whatever niche you’re in, there’s a competitor that is doing great with SEO. So, instead of having to do all the work from scratch, run their website through SEMrush or Ahrefs and steal their keyword ideas. But don’t just stop there - once you’ve borrowed keyword ideas from all your competitors, run the seed keywords through a keyword research tool such as UberSuggest or SEMrush Keyword Magic Tool. This should give you dozens of new ideas that your competitors might’ve missed. Finally, don’t just stop at borrowing your competitor’s keyword ideas. You can also borrow some inspiration on: The types of graphics and images you can create to supplement your blog content. The tone and style you can use in your articles. The type of information you can include in specific content pieces. SEO Tip #8. Source a LOT of Writers Content writing is one of those professions that has a very low barrier to entry. Anyone can take a writing course, claim to be a writer, and create an UpWork account… This is why 99% of the writers you’ll have to apply for your gigs are going to be, well, horrible. As such, if you want to produce a lot of content on the reg, you’ll need to source a LOT of writers. Let’s do the math: If, by posting a job ad, you source 100 writers, you’ll see that only 5 of them are a good fit. Out of the 5 writers, 1 has a very high rate, so they drop out. Another doesn’t reply back to your communication, which leaves you with 3 writers. You get the 3 writers to do a trial task, and only one turns out to be a good fit for your team. Now, since the writer is freelance, the best they can do is 4 articles per month for a total of 5,000-words (which, for most niches, ain’t all that much). So, what we’re getting at here is, to hire quality writers, you should source a LOT of them. SEO Tip #9. Create a Process for Filtering Writers If you follow the previous tip, you'll end up with a huge database of hundreds of writers. This creates a whole new problem: You now have a database of 500+ writers waiting for you to sift through them and decide which ones are worth the hire. It would take you 2-3 days of intense work to go through all these writers and vet them yourself. Let’s be real - you don’t have time for that. Here’s what you can do instead: When sourcing writers, always get them to fill in a Google form (instead of DMing or emailing you). In this form, make sure to ask for 3 relevant written samples, a link to the writer’s portfolio page, and the writer’s rate per word. Create a SOP for evaluating writers. The criteria for evaluation should be: Level of English. Does the writer’s sample have any English mistakes? If so, they’re not a good fit. Quality of Samples. Are the samples long-form and engaging content or are they boring 500-word copy-pastes? Technical Knowledge. Has the writer written about a hard-to-explain topic before? Anyone can write about simple topics like traveling—you want to look for someone who knows how to research a new topic and explain it in a simple and easy-to-read way. If someone’s written about how to create a perfect cover letter, they can probably write about traveling, but the opposite isn’t true. Get your VA to evaluate the writer’s samples as per the criteria above and short-list writers that seem competent. If you sourced 500 writers, the end result of this process should be around 50 writers. You or your editor goes through the short-list of 50 writers and invites 5-10 for a (paid) trial task. The trial task is very important - you’ll sometimes find that the samples provided by the writer don’t match their writing level. SEO Tip #10. Use the Right Websites to Find Writers Not sure where to source your writers? Here are some ideas: ProBlogger \- Our #1 choice - a lot of quality writers frequent this website. LinkedIn \- You can headhunt content writers in specific locations. Upwork \- If you post a content gig, most writers are going to be awful. Instead, I recommend headhunting top writers instead. WeWorkRemotely \- Good if you’re looking to make a full-time remote hire. Facebook \- There are a ton of quality Facebook groups for writers. Some of our faves are Cult of Copy Job Board and Content Marketing Lounge. SEO Tip #11. Always Use Content Outlines When giving tasks to your writing team, you need to be very specific about the instructions you give them. Don’t just provide a keyword and tell them to “knock themselves out.” The writer isn’t a SEO expert; chances are, they’re going to mess it up big-time and talk about topics that aren’t related to the keyword you’re targeting. Instead, when giving tasks to writers, do it through content outlines. A content outline, in a nutshell, is a skeleton of the article they’re supposed to write. It includes information on: Target word count (aim for the same or 50% more the word count than that of the competition). Article title. Article structure (which sections should be mentioned and in what order). Related topics of keywords that need to be mentioned in the article. Content outline example in the URL in the post intro. SEO Tip #12. Focus on One Niche at a Time I used to work with this one client that had a SaaS consisting of a mixture of CRM, Accounting Software, and HRS. I had to pick whether we were going to focus on topics for one of these 3 niches or focus on all of them at the same time. I decided to do the former. Here’s why: When evaluating what to rank, Google considers the authority of your website. If you have 60 articles about accounting (most of which link to each other), you’re probably an authority in the niche and are more likely to get good rankings. If you have 20 sales, 20 HR, and 20 accounting articles, though, none of these categories are going to rank as well. It always makes more sense to first focus on a single niche (the one that generates the best ROI for your business), and then move on to the rest. This also makes it easier to hire writers - you hire writers specialized in accounting, instead of having to find writers who can pull off 3 unrelated topics. SEO Tip #13. Just Hire a VA Already It’s 2021 already guys—unless you have a virtual assistant, you’re missing out big-time. Since a lot of SEO tasks are very time-consuming, it really helps to have a VA around to take over. As long as you have solid SOPs in place, you can hire a virtual assistant, train them, and use them to free up your time. Some SEO tasks virtual assistants can help with are: Internal linking. Going through all your blog content and ensuring that they link to each other. Backlink prospecting. Going through hundreds of websites daily to find link opportunities. Uploading content on WordPress and ensuring that the content is optimized well for on-page SEO. SEO Tip #14. Use WordPress (And Make Your Life Easier) Not sure which CMS platform to use? 99% of the time, you’re better off with WordPress. It has a TON of plugins that will make your life easier. Want a drag & drop builder? Use Elementor. It’s cheap, efficient, extremely easy to learn, and comes jam-packed with different plugins and features. Wix, SiteGround, and similar drag & drops are pure meh. SEO Tip #15. Use These Nifty WordPress Plugins There are a lot of really cool WordPress plugins that can make your (SEO) life so much easier. Some of our favorites include: RankMath. A more slick alternative to YoastSEO. Useful for on-page SEO. Smush. App that helps you losslessly compress all images on your website, as well as enables lazy loading. WP Rocket. This plugin helps speed up your website pretty significantly. Elementor. Not a techie? This drag & drop plugin makes it significantly easier to manage your website. WP Forms. Very simple form builder. Akismet Spam Protection. Probably the most popular anti-spam WP plugin. Mammoth Docx. A plugin that uploads your content from a Google doc directly to WordPress. SEO Tip #16. No, Voice Search Is Still Not Relevant Voice search is not and will not be relevant (no matter what sensationalist articles might say). Sure, it does have its application (“Alexa, order me toilet paper please”), but it’s pretty niche and not relevant to most SEOs. After all, you wouldn’t use voice search for bigger purchases (“Alexa, order me a new laptop please”) or informational queries (“Alexa, teach me how to do accounting, thanks”). SEO Tip #17. SEO Is Obviously Not Dead I see these articles every year - “SEO is dead because I failed to make it work.” SEO is not dead and as long as there are people looking up for information/things online, it never will be. And no, SEO is not just for large corporations with huge budgets, either. Some niches are hypercompetitive and require a huge link-building budget (CBD, fitness, VPN, etc.), but they’re more of an exception instead of the rule. SEO Tip #18. Doing Local SEO? Focus on Service Pages If you’re doing local SEO, you’re better off focusing on local service pages than blog content. E.g. if you’re an accounting firm based in Boston, you can make a landing page about /accounting-firm-boston/, /tax-accounting-boston/, /cpa-boston/, and so on. Or alternatively, if you’re a personal injury law firm, you’d want to create pages like /car-accident-law-firm/, /truck-accident-law-firm/, /wrongful-death-law-firm/, and the like. Thing is, you don’t really need to rank on global search terms—you just won’t get leads from there. Even if you ranked on the term “financial accounting,” it wouldn’t really matter for your bottom line that much. SEO Tip #19. Engage With the SEO Community The SEO community is (for the most part) composed of extremely helpful and friendly people. There are a lot of online communities (including this sub) where you can ask for help, tips, case studies, and so on. Some of our faves are: This sub :) SEO Signals Lab (FB Group) Fat Graph Content Ops (FB Group) Proper SEO Group (FB Group) BigSEO Subreddit SEO Tip #20. Test Keywords Before Pursuing Them You can use Google ads to test how profitable any given keyword is before you start trying to rank for it. The process here is: Create a Google Ads account. Pick a keyword you want to test. Create a landing page that corresponds to the search intent behind the keyword. Allocate an appropriate budget. E.g. if you assume a conversion rate of 2%, you’d want to buy 100+ clicks. If the CPC is 2 USD, then the right budget would be 200 USD plus. Run the ads! If you don’t have the budget for this, you can still use the average CPC for the keyword to estimate how well it’s going to convert. If someone is willing to bid 10 USD to rank for a certain keyword, it means that the keyword is most probably generating pretty good revenue/conversions. SEO Tip #21. Test & Improve SEO Headlines Sometimes, you’ll see that you’re ranking in the top 3 positions for your search query, but you’re still not driving that much traffic. “What’s the deal?” you might be asking. Chances are, your headline is not clickable enough. Every 3-4 months, go through your Google Search Console and check for articles that are ranking well but not driving enough traffic. Then, create a Google sheet and include the following data: Targeted keyword Page link CTR (for the last 28 days) Date when you implemented the new title Old title New title New CTR (for the month after the CTR change was implemented) From then on, implement the new headline and track changes in the CTR. If you don’t reach your desired result, you can always test another headline. SEO Tip #22. Longer Content Isn’t Always Better Content You’ve probably heard that long-form content is where it’s at in 2021. Well, this isn’t always the case. Rather, this mostly depends on the keyword you’re targeting. If, for example, you’re targeting the keyword “how to tie a tie,” you don’t need a long-ass 5,000-word mega-guide. In such a case, the reader is looking for something that can be explained in 200-300 words and if your article fails to do this, the reader will bounce off and open a different page. On the other hand, if you’re targeting the keyword “how to write a CV,” you’ll need around 4,000 to 5,000 words to adequately explain the topic and, chances are, you won’t rank with less. SEO Tip #23. SEO is Not All About Written Content More often than not, when people talk about SEO they talk about written blog content creation. It’s very important not to forget, though, that blog content is not end-all-be-all for SEO. Certain keywords do significantly better with video content. For example, if the keyword is “how to do a deadlift,” video content is going to perform significantly better than blog content. Or, if the keyword is “CV template,” you’ll see that a big chunk of the rankings are images of the templates. So, the lesson here is, don’t laser-focus on written content—keep other content mediums in mind, too. SEO Tip #24. Write For Your Audience It’s very important that your content resonates well with your target audience. If, for example, you’re covering the keyword “skateboard tricks,” you can be very casual with your language. Heck, it’s even encouraged! Your readers are Googling the keyword in their free time and are most likely teens or in their early 20s. Meaning, you can use informal language, include pop culture references, and avoid complicated language. Now, on the other hand, if you’re writing about high-level investment advice, your audience probably consists of 40-something suit-and-ties. If you include Rick & Morty references in your article, you'll most likely lose credibility and the Googler, who will go to another website. Some of our best tips on writing for your audience include: Define your audience. Who’s the person you’re writing for? Are they reading the content at work or in their free time? Keep your reader’s level of knowledge in mind. If you’re covering an accounting 101 topic, you want to cover the topic’s basics, as the reader is probably a student. If you’re writing about high-level finance, though, you don’t have to teach the reader what a balance sheet is. More often than not, avoid complicated language. The best practice is to write on a 6th-grade level, as it’s understandable for anyone. Plus, no one wants to read Shakespeare when Googling info online (unless they’re looking for Shakespeare's work, of course). SEO Tip #25. Create Compelling Headlines Want to drive clicks to your articles? You’ll need compelling headlines. Compare the following headline: 101 Productivity Tips \[To Get Things Done in 2021\] With this one: Productivity Tips Guide Which one would you click? Data says it’s the first! To create clickable headlines, I recommend you include the following elements: Keyword. This one’s non-negotiable - you need to include the target keyword in the headline. Numbers. If Buzzfeed taught us anything, it’s that people like to click articles with numbers in their titles. Results. If I read your article, what’s going to be the end result? E.g. “X Resume tips (to land the job)”.* Year (If Relevant). Adding a year to your title shows that the article is recent (which is relevant for some specific topics). E.g. If the keyword is “Marketing Trends,” I want to know marketing trends in 2021, not in 2001. So, adding a year in the title makes the headline more clickable. SEO Tip #26. Make Your Content Visual How good your content looks matters, especially if you're in a competitive niche. Here are some tips on how to make your content as visual as possible: Aim for 2-4 sentences per paragraph. Avoid huge blocks of text. Apply a 60-65% content width to your blog pages. Pick a good-looking font. I’d recommend Montserrat, PT Sans, and Roboto. Alternatively, you can also check out your favorite blogs, see which fonts they’re using, and do the same. Use a reasonable font size. Most top blogs use font sizes ranging from 16 pt to 22 pt. Add images when possible. Avoid stock photos, though. No one wants to see random “office people smiling” scattered around your blog posts. Use content boxes to help convey information better. Content boxes example in the URL in the intro of the post. SEO Tip #27. Ditch the Skyscraper Technique Already Brian Dean’s skyscraper technique is awesome and all, but the following bit really got old: “Hey \[name\], I saw you wrote an article. I, too, wrote an article. Please link to you?” The theory here is, if your content is good, the person will be compelled to link to it. In practice, though, the person really, really doesn’t care. At the end of the day, there’s no real incentive for the person to link to your content. They have to take time out of their day to head over to their website, log in to WordPress, find the article you mentioned, and add a link... Just because some stranger on the internet asked them to. Here’s something that works much better: Instead of fake compliments, be very straightforward about what you can offer them in exchange for that link. Some things you can offer are: A free version of your SaaS. Free product delivered to their doorstep. Backlink exchange. A free backlink from your other website. Sharing their content to your social media following. Money. SEO Tip #28. Get the URL Slug Right for Seasonal Content If you want to rank on a seasonal keyword, there are 2 ways to do this. If you want your article to be evergreen (i.e. you update it every year with new information), then your URL should not contain the year. E.g. your URL would be /saas-trends/, and you simply update the article’s contents+headline each year to keep it timely. If you’re planning on publishing a new trends report annually, though, then you can add a year to the URL. E.g. /saas-trends-2020/ instead of /saas-trends/. SEO Tip #29. AI Content Tools Are a Mixed Bag Lots of people are talking about AI content tools these days. Usually, they’re either saying: “AI content tools are garbage and the output is horrible,” Or: “AI content tools are a game-changer!” So which one is it? The truth is somewhere in-between. In 2021, AI content writing tools are pretty bad. The output you’re going to get is far from something you can publish on your website. That said, some SEOs use such tools to get a very, very rough draft of the article written, and then they do intense surgery on it to make it usable. Should you use AI content writing tools? If you ask me, no - it’s easier to hire a proficient content writer than spend hours salvaging AI-written content. That said, I do believe that such tools are going to get much better years down the line. This one was, clearly, more of a personal opinion than a fact. I’d love to hear YOUR opinion on AI content tools! Are they a fad, or are they the future of content creation? Let me know in the comments. SEO Tip #30. Don’t Overdo it With SEO Tools There are a lot of SEO tools out there for pretty much any SEO function. Keyword research, link-building, on-page, outreach, technical SEO, you name it! If you were to buy most of these tools for your business, you’d easily spend 4-figures on SEO tools per month. Luckily, though, you don’t actually need most of them. At the end of the day, the only must-have SEO tools are: An SEO Suite (Paid). Basically SEMrush or Ahrefs. Both of these tools offer an insane number of features - backlink analysis, keyword research, and a ton of other stuff. Yes, 99 USD a month is expensive for a tool. But then again, if you value your time 20 USD/hour and this tool saves you 6 hours, it's obviously worth it, right? On-Page SEO Tool (Free). RankMath or Yoast. Basically, a tool that's going to help you optimize web pages or blog posts as per SEO best practices. Technical SEO Tool (Freemium). You can use ScreamingFrog to crawl your entire website and find technical SEO problems. There are probably other tools that also do this, but ScreamingFrog is the most popular option. The freemium version of the tool only crawls a limited number of pages (500 URLs, to be exact), so if your website is relatively big, you'll need to pay for the tool. Analytics (Free). Obviously, you'll need Google Analytics (to track website traffic) and Google Search Console (to track organic traffic, specifically) set up on your website. Optionally, you can also use Google Track Manager to better track how your website visitors interact with the site. MozBar (Free). Chrome toolbar that lets you simply track the number of backlinks on Google Search Queries, Domain Authority, and a bunch of other stuff. Website Speed Analysis (Free). You can use Google Page Speed Insights to track how fast your website loads, as well as how mobile-friendly it is. Outreach Tool (Paid). Tool for reaching out to prospects for link-building, guest posting, etc. There are about a dozen good options for this. Personally, I like to use Snov for this. Optimized GMB Profile (Free). Not a tool per se, but if you're a local business, you need to have a well-optimized Google My Business profile. Google Keyword Planner (Free). This gives you the most reliable search volume data of all the tools. So, when doing keyword research, grab the search volume from here. Tool for Storing Keyword Research (Free). You can use Google Sheets or AirTable to store your keyword research and, at the same time, use it as a content calendar. Hemingway App (Free). Helps keep your SEO content easy to read. Spots passive voice, complicated words, etc. Email Finder (Freemium). You can use a tool like Hunter to find the email address of basically anyone on the internet (for link-building or guest posting purposes). Most of the tools that don’t fit into these categories are 100% optional. SEO Tip #31. Hiring an SEO? Here’s How to Vet Them Unless you’re an SEO pro yourself, hiring one is going to be far from easy. There’s a reason there are so many “SEO experts” out there - for the layman, it’s very hard to differentiate between someone who knows their salt and a newbie who took an SEO course, like, last week. Here’s how you can vet both freelance and full-time SEOs: Ask for concrete traffic numbers. The SEO pro should give you the exact numbers on how they’ve grown a website in the past - “100% SEO growth in 1 year” doesn’t mean much if the growth is from 10 monthly traffic to 20. “1,000 to 30,000” traffic, on the other hand, is much better. Ask for client names. While some clients ask their SEOs to sign an NDA and not disclose their collaboration, most don’t. If an SEO can’t name a single client they’ve worked with in the past, that’s a red flag. Make sure they have the right experience. Global and local SEO have very different processes. Make sure that the SEO has experience with the type of SEO you need. Make sure you’re looking for the right candidate. SEO pros can be content writers, link-builders, web developers, or all of the above simultaneously. Make sure you understand which one you need before making the hire. If you’re looking for someone to oversee your content ops, you shouldn’t hire a technical SEO expert. Look for SEO pros in the right places. Conventional job boards are overrated. Post your job ads on SEO communities instead. E.g. this sub, bigseo, SEO Signals Facebook group, etc. SEO Tip #32. Blog Post Not Ranking? Follow This Checklist I wanted to format the post natively for Reddit, but it’s just SO much better on Notion. Tl;dr, the checklist covers every reason your post might not be ranking: Search intent mismatch. Inferior content. Lack of internal linking. Lack of backlinks. And the like. Checklist URL at the intro of the post. SEO Tip #33. Avoid BS Link-Building Tactics The only type of link-building that works is building proper, quality links from websites with a good backlink profile and decent organic traffic. Here’s what DOESN’T work: Blog comment links Forum spam links Drive-by Reddit comment/post links Web 2.0 links Fiverr “100 links for 10 bucks” bs If your “SEO agency” says they’re doing any of the above instead of actually trying to build you links from quality websites, you’re being scammed. SEO Tip #34. Know When to Use 301 and 302 Redirects When doing redirects, it’s very important to know the distinction between these two. 301 is a permanent page redirect and passes on link juice. If you’re killing off a page that has backlinks, it’s better to 301 it to your homepage so that you don’t lose the link juice. If you simply delete a page, it’s going to be a 404, and the backlink juice is lost forever. 302 is a temporary page redirect and doesn’t pass on link juice. If the redirect is temporary, you do a 302. E.g. you want to test how well a new page is going to perform w/ your audience. SEO Tip #35. Social Signals Matter (But Not How You Think) Social signals are NOT a ranking factor. And yet, they can help your content rank on Google’s front page. Wondering what the hell am I talking about? Here’s what’s up: As I said, social signals are not a ranking factor. It’s not something Google takes into consideration to decide whether your article should rank or not. That said, social signals CAN lead to your article ranking better. Let’s say your article goes viral and gets around 20k views within a week. A chunk of these viewers are going to forget your domain/link and they’re going to look up the topic on Google via your chosen keyword + your brand name. The amount of people looking for YOUR keyword and exclusively picking your result over others is going to make Google think that your content is satisfying search intent better than the rest, and thus, reward you with better ranking. SEO Tip #36. Run Remarketing Ads to Lift Organic Traffic Conversions Not satisfied with your conversion rates? You can use Facebook ads to help increase them. Facebook allows you to do something called “remarketing.” This means you can target anyone that visited a certain page (or multiple pages) on your website and serve them ads on Facebook. There are a TON of ways you can take advantage of this. For example, you can target anyone that landed on a high buyer intent page and serve them ads pitching your product or a special offer. Alternatively, you can target people who landed on an educational blog post and offer them something to drive them down the funnel. E.g. free e-book or white paper to teach them more about your product or service. SEO Tip #37. Doing Local SEO? Follow These Tips Local SEO is significantly different from global SEO. Here’s how the two differ (and what you need to do to drive local SEO results): You don’t need to publish content. For 95% of local businesses, you only want to rank for keywords related to your services/products, you don’t actually need to create educational content. You need to focus more on reviews and citation-building. One of Google Maps’ biggest ranking factors is the of reviews your business has. Encourage your customers to leave a review if they enjoyed your product/service through email or real-life communication. You need to create service pages for each location. As a local business, your #1 priority is to rank for keywords around your service. E.g. If you're a personal injury law firm, you want to optimize your homepage for “personal injury law firm” and then create separate pages for each service you provide, e.g. “car accident lawyer,” “motorcycle injury law firm,” etc. Focus on building citations. Being listed on business directories makes your business more trustworthy for Google. BrightLocal is a good service for this. You don’t need to focus as much on link-building. As local SEO is less competitive than global, you don’t have to focus nearly as much on building links. You can, in a lot of cases, rank with the right service pages and citations. SEO Tip #38. Stop Ignoring the Outreach Emails You’re Getting (And Use Them to Build Your Own Links) Got a ton of people emailing you asking for links? You might be tempted to just send them all straight to spam, and I don’t blame you. Outreach messages like “Hey Dr Jigsaw, your article is A+++ amazing! ...can I get a backlink?” can get hella annoying. That said, there IS a better way to deal with these emails: Reply and ask for a link back. Most of the time, people who send such outreach emails are also doing heavy guest posting. So, you can ask for a backlink from a 3rd-party website in exchange for you mentioning their link in your article. Win-win! SEO Tip #39. Doing Internal Linking for a Large Website? This’ll Help Internal linking can get super grueling once you have hundreds of articles on your website. Want to make the process easier? Do this: Pick an article you want to interlink on your website. For the sake of the example, let’s say it’s about “business process improvement.” Go on Google and look up variations of this keyword mentioned on your website. For example: Site:\[yourwebsite\] “improve business process” Site:\[yourwebsite\] “improve process” Site:\[yourwebsite\] “process improvement” The above queries will find you the EXACT articles where these keywords are mentioned. Then, all you have to do is go through them and include the links. SEO Tip #40. Got a Competitor Copying Your Content? File a DMCA Notice Fun fact - if your competitors are copying your website, you can file a DMCA notice with Google. That said, keep in mind that there are consequences for filing a fake notice.

Started a content marketing agency 8 years ago - $0 to $7,863,052 (2025 update)

Hey friends, My name is Tyler and for the past 8 years, I’ve been documenting my experience building a content marketing agency called Optimist. Year 1 — 0 to $500k ARR Year 2 — $500k to $1MM ARR Year 3 — $1MM ARR to $1.5MM(ish) ARR Year 4 — $3,333,686 Revenue Year 5 — $4,539,659 Revenue Year 6 — $5,974,324 Revenue Year 7 - $6,815,503 Revenue (Edit: Seems like links are banned now. You can check my post history for all of my previous updates with lessons and learnings.) How Optimist Works First, an overview/recap of the Optimist business model: We operate as a “collective” of full time/professional freelancers Everyone aside from me is a contractor Entirely remote/distributed team We pay freelancers a flat fee for most work, working out to roughly $65-100/hour. Clients pay us a flat monthly fee for full-service content marketing (research, strategy, writing, editing, design/photography, reporting and analytics, targeted linkbuilding, and more)\ Packages range in price from \~$10-20k/mo \This is something we are revisiting now* The Financials In 2024, we posted $1,032,035.34 in revenue. This brings our lifetime revenue to $7,863,052. Here’s our monthly revenue from January 2017 to December of 2024. (Edit: Seems like I'm not allowed to link to the chart.) The good news: Revenue is up 23% YoY. EBITDA in Q4 trending up 1-2 points. We hosted our first retreat in 4 years, going to Ireland with about half the team. The bad news: Our revenue is still historically low. At $1MM for the year, we’re down about 33% from our previous years over $1.5MM. Revenue has been rocky. It doesn’t feel like we’ve really “recovered” from the bumps last year. The trend doesn’t really look great. Even though, anecdotally, it feels like we are moving in a good direction. EBITDA is still hovering at around 7%. Would love to get that closer to 20%. (For those who may ask: I’m calculating EBITDA after paying taxes and W2 portion of my income.) — Almost every year, my update starts the same way: This has been a year of growth and change. Both for my business—and me personally. 2024 was no different. I guess that tells you something about entrepreneurship. It’s a lot more like sailing a ship than driving a car. You’re constantly adapting, tides are shifting, and any blip of calm is usually just a moment before the next storm. As with past years, there’s a lot to unpack from the last 12 months. Here we go again. Everything is Burning In the last 2 years, everything has turned upside down in the world of content and SEO. Back in 2020, we made a big decision to re-position the agency. (See post history) We decided to narrow our focus to our most successful, profitable, and consistent segment of clients and re-work our entire operation to focus on serving them. We defined our ICP as: \~Series A ($10mm+ funding) with 6-12 months runway to scale organic as a channel Product-led company with “simple” sales cycle involving fewer stakeholders Demonstrable opportunity to use SEO to drive business growth Our services: Content focused on growing organic search (SEO) Full-service engagements that included research, planning, writing, design, reporting And our engagement structure: Engaged directly with an executive; ownership over strategy and day-to-day execution 1-2 points of contact or stakeholders Strategic partner that drives business growth (not a service vendor who makes content) Most importantly, we decided that we were no longer going to offer a broader range of content that we used to sell. That included everything from thought leadership content to case studies and ebooks. We doubled-down on “SEO content” for product-led SaaS companies. And this worked phenomenally for us. We started bringing on more clients than ever. We developed a lot of internal system and processes that helped us scale and take on more work than we’ve ever had and drive great outcomes for our ideal clients. But in 2023 and 2024, things started going awry. One big change, of course, was the rise of AI. Many companies and executives (and writers) feel that AI can write content just as well as an agency like ours. That made it a lot harder to sell a $10,000 per month engagement when they feel like the bulk of the work could be “done for free.” (Lots of thoughts on this if you want my opinions.) But it wasn’t just that. Google also started tinkering with their algorithm, introducing new features like AI Overviews, and generally changing the rules of the game. This created 3 big shifts in our world: The perceived value of content (especially “SEO content”) dropped dramatically in many people’s minds because of AI’s writing capabilities SEO became less predictable as a source of traffic and revenue It’s harder than ever for startups and smaller companies to rank for valuable keywords (let alone generate any meaningful traffic or revenue from them) The effect? The middle of the content market has hollowed out. People—like us—providing good, human-crafted content aimed on driving SEO growth saw a dramatic decline in demand. We felt it all year. Fewer and fewer leads. The leads we did see usually scoffed at our prices. They were indexing us against the cost of content mills and mass-produced AI articles. It was a time of soul-searching and looking for a way forward. I spent the first half of the year convinced that the only way to survive was to run toward the fire. We have to build our own AI workflows. We have to cut our rates internally. We have to get faster and cheaper to stay competitive with the agencies offering the same number of deliverables for a fraction of our rates. It’s the only way forward. But then I asked myself a question… Is this the game I actually want to play? As an entrepreneur, do I want to run a business where I’m competing mostly on price and efficiency rather than quality and value? Do I want to hop into a race toward cheaper and cheaper content? Do I want to help people chase a dwindling amount of organic traffic that’s shrinking in value? No. That’s not the game I want to play. That’s not a business I want to run. I don’t want to be in the content mill business. So I decided to turn the wheel—again. Repositioning Part II: Electric Boogaloo What do you do when the whole world shifts around you and the things that used to work aren’t working anymore? You pivot. You re-position the business and move in another direction. So that’s what we decided to do. Again. There was only one problem: I honestly wasn’t sure what opportunities existed in the content marketing industry outside of what we were already doing. We lived in a little echo chamber of startups and SEO. It felt like the whole market was on fire and I had fight through the smoke to find an escape hatch. So I started making calls. Good ol’ fashioned market research. I reached out to a few dozen marketing and content leaders at a bunch of different companies. I got on the phone and just asked lots of questions about their content programs, their goals, and their pain points. I wanted to understand what was happening in the market and how we could be valuable. And, luckily, this process really paid off. I learned a lot about the fragmentation happening across content and how views were shifting. I noticed key trends and how our old target market really wasn’t buying what we were selling. Startups and small companies are no longer willing to invest in an agency like ours. If they were doing content and SEO at all, they were focused entirely on using AI to scale output and minimize costs. VC money is still scarce and venture-backed companies are more focused on profitability than pure growth and raising another round. Larger companies (\~500+ employees) are doing more content than ever and drowning in content production. They want to focus on strategy but can barely tread water keeping up with content requests from sales, demand gen, the CEO, and everyone else. Many of the companies still investing in content are looking at channels and formats outside of SEO. Things like thought leadership, data reports, interview-driven content, and more. They see it as a way to stand out from the crowd of “bland SEO content.” Content needs are constantly in flux. They range from data reports and blog posts to product one-pagers. The idea of a fixed-scope retainer is a total mismatch for the needs of most companies. All of this led to the logical conclusion: We were talking to the wrong people about the wrong things\.\ Many companies came to one of two logical conclusions: SEO is a risky bet, so it’s gotta be a moonshot—super-low cost with a possibility for a big upside (i.e., use AI to crank out lots of content. If it works, great. If it doesn’t, then at least we aren’t out much money.) SEO is a risky bet, so we should diversify into other strategies and channels to drive growth (i.e., shift our budget from SEO and keyword-focused content to video, podcasts, thought leadership, social, etc) Unless we were going to lean into AI and dramatically cut our costs and rates, our old buyers weren’t interested. And the segment of the market that needs our help most are looking primarily for production support across a big range of content types. They’re not looking for a team to run a full-blown program focused entirely on SEO. So we had to go back to the drawing board. I’ve written before about our basic approach to repositioning the business. But, ultimately it comes down to identifying our unique strengths as a team and then connecting them to needs in the market. After reviewing the insights from my discussions and taking another hard look at our business and our strengths, I decided on a new direction: Move upmarket: Serve mid-size to enterprise businesses with \~500-5,000 employees instead of startups Focus on content that supports a broader range of business goals instead of solely on SEO and organic growth (e.g., sales, demand gen, brand, etc) Shift back to our broader playbook of content deliverables, including thought leadership, data studies, and more Focus on content execution and production to support an internally-directed content strategy across multiple functions In a way, it’s sort of a reverse-niche move. Rather than zooming in specifically on driving organic growth for startups, we want to be more of an end-to-end content production partner that solves issues of execution and operations for all kinds of content teams. It’s early days, but the response here has been promising. We’ve seen an uptick in leads through Q4. And more companies in our pipeline fit the new ICP. They’re bigger, often have more budget. (But they move more slowly). We should know by the end of the quarter if this maneuver is truly paying off. Hopefully, this will work out. Hopefully our research and strategy are right and we’ll find a soft landing serving a different type of client. If it doesn’t? Then it will be time to make some harder decisions. As I already mentioned, I’m not interested in the race to the bottom of AI content. And if that’s the only game left in town, then it might be time to think hard about a much bigger change. — To be done: Build new content playbooks for expanded deliverables Build new showcase page for expanded deliverables Retooling the Operation It’s easy to say we’re doing something new. It’s a lot harder to actually do it—and do it well. Beyond just changing our positioning, we have to do open-heart surgery on the entire content operation behind the scenes. We need to create new systems that work for a broader range of content types, formats, and goals. Here’s the first rub: All of our workflows are tooled specifically for SEO-focused content. Every template, worksheet, and process that we’ve built and scaled in the last 5 years assumes that the primary goal of every piece of content is SEO. Even something as simple as requiring a target keyword is a blocker in a world where we’re not entirely focused on SEO. This is relatively easy to fix, but it requires several key changes: Update content calendars to make keywords optional Update workflows to determine whether we need an optimization report for each deliverable Next, we need to break down the deliverables into parts rather than a single line item. In our old system, we would plan content as a single row in a Content Calendar spreadsheet. It was a really wide sheet with lots of fields where we’d define the dimensions of each individual article. This was very efficient and simple to follow. But every article had the same overall scope when it came to the workflow. In Asana (our project management tool), all of the steps in the creation were strung together in a single task. We would create a few basic templates for each client, and then each piece would flow through the same steps: Briefing Writing Editing Design etc. If we had anything that didn’t fit into the “standard” workflow, we’d just tag it in the calendar with an unofficial notation \[USING BRACKETS\]. It worked. But it wasn’t ideal. Now we need the steps to be more modular. Imagine, for example, a client asks us to create a mix of deliverables: 1 article with writing + design 1 content brief 1 long-form ebook with an interview + writing + design Each of these would require its own steps and its own workflow. We need to break down the work to accommodate for a wider variety of workflows and variables. This means we need to update the fields and structure of our calendar to accommodate for the new dimensions—while also keeping the planning process simple and manageable. This leads to the next challenge: The number of “products” that we’re offering could be almost infinite. Just looking at the example scope above, you can mix and match all of these different building blocks to create a huge variety of different types of work, each requiring its own workflow. This is part of the reason we pivoted away from this model to focus on a productized, SEO-focused content service back in 2020. Take something as simple as a case study. On the surface, it seems like one deliverable that can be easily scoped and priced, right? Well, unpack what goes into a case study: Is there already source material from the customer or do we need to conduct an interview? How long is it? Is it a short overview case study or a long-form narrative? Does it need images and graphics? How many? Each of these variables opens up 2-3 possibilities. And when you combine them, we end up with something like 10 possible permutations for this single type of deliverable. It gets a bit messy. But not only do we have to figure out how to scope and price all for all of these variables, we also have to figure out how to account for these variables in the execution. We have to specify—for every deliverable—what type it is, how long, which steps are involved and not involved, the timeline for delivery, and all of the other factors. We’re approaching infinite complexity, here. We have to figure out a system that allows for a high level of flexibility to serve the diverse needs of our clients but is also productized enough that we can build workflows, process, and templates to deliver the work. I’ve spent the last few months designing that system. Failed Attempt #1: Ultra-Productization In my first pass, I tried to make it as straight forward as possible. Just sit down, make a list of all of the possible deliverables we could provide and then assign them specific scopes and services. Want a case study? Okay that’ll include an interview, up to 2,000 words of content, and 5 custom graphics. It costs $X. But this solution quickly fell apart when we started testing it against real-world scenarios. What if the client provided the brief instead of us creating one? What if they didn’t want graphics? What if this particular case study really needs to be 3,000 words but all of the others should be 2,000? In order for this system to work, we’d need to individual scope and price all of these permutations of each productized service. Then we’d need to somehow keep track of all of these and make sure that we accurately scope, price, and deliver them across dozens of clients. It’s sort of like a restaurant handling food allergies by creating separate versions of every single dish to account for every individual type of allergy. Most restaurants have figured out that it makes way more sense to have a “standard” and an “allergy-free” version. Then you only need 2 options to cover 100% of the cases. Onto the next option. Failed Attempt #2: Deliverable-Agnostic Services Next, I sat down with my head of Ops, Katy, to try to map it out. We took a big step back and said: Why does the deliverable itself even matter? At the end of the day, what we’re selling is just a few types of work (research, writing, editing, design, etc) that can be packaged up in an infinite number of ways. Rather than try to define deliverables, shouldn’t we leave it open ended for maximum flexibility? From there, we decided to break down everything into ultra-modular building blocks. We started working on this super complex system of modular deliverables where we would have services like writing, design, editing, etc—plus a sliding scale for different scopes like the length of writing or the number of images. In theory, it would allow us to mix and match any combination of services to create custom deliverables for the client. In fact, we wanted the work to be deliverable-agnostic. That way we could mold it to fit any client’s needs and deliver any type of content, regardless of the format or goal. Want a 5,000-word case study with 15 custom graphics? That’ll be $X. Want a 2,000-word blog post with an interview and no visuals? $Y. Just want us to create 10 briefs, you handle the writing, and we do design? It’s $Z. Again, this feels like a reasonable solution. But it quickly spiraled out of amuck. (That’s an Office reference.) For this to work, we need to have incredibly precise scoping process for every single deliverable. Before we can begin work (or even quote a price), we need to know pretty much the exact word count of the final article, for example. In the real world? This almost never happens. The content is as long as the content needs to be. Clients rarely know if the blog post should be 2,000 words or 3,000 words. They just want good content. We have a general ballpark, but we can rarely dial it in within just 1,000 words until we’ve done enough research to create the brief. Plus, from a packaging and pricing perspective, it introduces all kind of weird scenarios where clients will owe exactly $10,321 for this ultra-specific combination of services. We were building an open system that could accommodate any and all types of potential deliverables. On the face that seems great because it makes us incredibly flexible. In reality, the ambiguity actually works against us. It makes it harder for us to communicate to clients clearly about what they’ll get, how much it will cost, and how long it will take. That, of course, also means that it hurts our client relationships. (This actually kind of goes back to my personal learnings, which I’ll mention in a bit. I tend to be a “let’s leave things vague so we don’t have to limit our options” kind of person. But I’m working on fixing this to be more precise, specific, and clear in everything that we do.) Dialing It In: Building a Closed System We were trying to build an open system. We need to build a closed system. We need to force clarity and get specific about what we do, what we don’t do, and how much it all costs. Then we need a system to expand on that closed system—add new types of deliverables, new content playbooks, and new workflows if and when the need arises. With that in mind, we can start by mapping out the key dimensions of any type of deliverable that we would ever want to deliver. These are the universal dimensions that determine the scope, workflow, and price of any deliverable—regardless of the specific type output. Dimensions are: Brief scope Writing + editing scope Design scope Interview scope Revision (rounds) Scope, essentially, just tells us how many words, graphics, interviews, etc are required for the content we’re creating. In our first crack at the system, we got super granular with these scopes. But to help force a more manageable system, we realized that we didn’t need tiny increments for most of this work. Instead, we just need boundaries—you pay $X for up to Y words. We still need some variability around the scope of these articles. Obviously, most clients won’t be willing to pay the same price for a 1,000-word article as a 10,000-word article. But we can be smarter about the realistic break points. We boiled it down to the most common ranges: (Up to) 250 words 1,000 words 3,000 words 6,000 words 10,000 words This gives us a much more manageable number of variables. But we still haven’t exactly closed the system. We need one final dimension: Deliverable type. This tells us what we’re actually building with these building blocks. This is how we’ll put a cap on the potentially infinite number of combinations we could offer. The deliverable type will define what the final product should look like (e.g., blog post, case study, ebook, etc). And it will also give us a way to put standards and expectations around different types of deliverables that we want to offer. Then we can expand on this list of deliverables to offer new services. In the mean time, only the deliverables that we have already defined are, “on the menu,” so to speak. If a client comes to us and asks for something like a podcast summary article (which we don’t currently offer), we’ll have to either say we can’t provide that work or create a new deliverable type and define the dimensions of that specific piece. But here’s the kicker: No matter the deliverable type, it has to still fit within the scopes we’ve already defined. And the pricing will be the same. This means that if you’re looking for our team to write up to 1,000 words of content, it costs the same amount—whether it’s a blog post, an ebook, a LinkedIn post, or anything else. Rather than trying to retool our entire system to offer this new podcast summary article deliverable, we’ll just create the new deliverable type, add it to the list of options, and it’s ready to sell with the pre-defined dimensions we’ve already identified. To do: Update onboarding workflow Update contracts and scope documents Dial in new briefing process Know Thyself For the last year, I’ve been going through personal therapy. (Huge shout out to my wife, Laura, for her support and encouragement throughout the process.) It’s taught me a lot about myself and my tendencies. It’s helped me find some of my weaknesses and think about how I can improve as a person, as a partner, and as an entrepreneur. And it’s forced me to face a lot of hard truths. For example, consider some of the critical decisions I’ve made for my business: Unconventional freelance “collective” model No formal management structure Open-ended retainers with near-infinite flexibility General contracts without defined scope “Take it or leave it” approach to sales and marketing Over the years, I’ve talked about almost everything on this list as a huge advantage. I saw these things as a reflection of how I wanted to do things differently and better than other companies. But now, I see them more as a reflection of my fears and insecurities. Why did I design my business like this? Why do I want so much “flexibility” and why do I want things left open-ended rather than clearly defined? One reason that could clearly explain it: I’m avoidant. If you’re not steeped in the world of therapy, this basically means that my fight or flight response gets turned all the way to “flight.” If I’m unhappy or uncomfortable, my gut reaction is usually to withdraw from the situation. I see commitment and specificity as a prelude to future conflict. And I avoid conflict whenever possible. So I built my business to minimize it. If I don’t have a specific schedule of work that I’m accountable for delivering, then we can fudge the numbers a bit and hope they even out in the end. If I don’t set a specific standard for the length of an article, then I don’t have to let the client know when their request exceeds that limit. Conflict….avoided? Now, that’s not to say that everything I’ve built was wrong or bad. There is a lot of value in having flexibility in your business. For example, I would say that our flexible retainers are, overall, an advantage. Clients have changing needs. Having flexibility to quickly adapt to those needs can be a huge value add. And not everything can be clearly defined upfront (at least not without a massive amount of time and work just to decide how long to write an article). Overly-rigid structures and processes can be just as problematic as loosey-goosey ones. But, on the whole, I realized that my avoidant tendencies and laissez faire approach to management have left a vacuum in many areas. The places where I avoided specificity were often the places where there was the most confusion, uncertainty, and frustration from the team and from clients. People simply didn’t know what to expect or what was expected of them. Ironically, this often creates the conflict I’m trying to avoid. For example, if I don’t give feedback to people on my team, then they feel uneasy about their work. Or they make assumptions about expectations that don’t match what I’m actually expecting. Then the client might get upset, I might get upset, and our team members may be upset. Conflict definitely not avoided. This happens on the client side, too. If we don’t define a specific timeline when something will be delivered, the client might expect it sooner than we can deliver—creating frustration when we don’t meet their expectation. This conflict actually would have been avoided if we set clearer expectations upfront. But we didn’t do that. I didn’t do that. So it’s time to step up and close the gaps. Stepping Up and Closing the Gaps If I’m going to address these gaps and create more clarity and stability, I have to step up. Both personally and professionally. I have to actually face the fear and uncertainty that drives me to be avoidant. And then apply that to my business in meaningful ways that aren’t cop-out ways of kinda-sorta providing structure without really doing it. I’ve gotta be all in. This means: Fill the gaps where I rely on other people to do things that aren’t really their job but I haven’t put someone in place to do it Set and maintain expectations about our internal work processes, policies, and standards Define clear boundaries on things like roles, timelines, budgets, and scopes Now, this isn’t going to happen overnight. And just because I say that I need to step up to close these gaps doesn’t mean that I need to be the one who’s responsible for them (at least not forever). It just means that, as the business leader, I need to make sure the gaps get filled—by me or by someone else who has been specifically charged with owning that part of the operation. So, this is probably my #1 focus over the coming quarter. And it starts by identifying the gaps that exist. Then, step into those gaps myself, pay someone else to fill that role, or figure out how to eliminate the gap another way. This means going all the way back to the most basic decisions in our business. One of the foundational things about Optimist is being a “different kind” of agency. I always wanted to build something that solved for the bureaucracy, hierarchy, and siloed structure of agencies. If a client has feedback, they should be able to talk directly to the person doing the work rather than going through 3 layers of account management and creative directors. So I tried to be clever. I tried to design all kinds of systems and processes that eliminated these middle rungs. (In retrospect, what I was actually doing was designing a system that played into my avoidant tendencies and made it easy to abdicate responsibility for lots of things.) Since we didn’t want to create hierarchy, we never implemented things like Junior and Senior roles. We never hired someone to manage or direct the individual creatives. We didn’t have Directors or VPs. (Hell, we barely had a project manager for the first several years of existence.) This aversion to hierarchy aligned with our values around elevating ownership and collective contribution. I still believe in the value a flat structure. But a flat structure doesn’t eliminate the complexity of a growing business. No one to review writers and give them 1:1 feedback? I guess I’ll just have to do that….when I have some spare time. No Content Director? Okay, well someone needs to manage our content playbooks and roll out new ones. Just add it to my task list. Our flat structure didn’t eliminate the need for these roles. It just eliminated the people to do them. All of those unfilled roles ultimately fell back on me or our ops person, Katy. Of course, this isn’t the first time we’ve recognized this. We’ve known there were growing holes in our business as it’s gotten bigger and more complex. Over the years, we’ve experimented with different ways to solve for it. The Old Solution: Distributed Ops One system we designed was a “distributed ops” framework. Basically, we had one person who was the head of ops (at the time, we considered anything that was non-client-facing to be “ops”). They’d plan and organize all of the various things that needed to happen around Optimist. Then they’d assign out the work to whoever was able to help. We had a whole system for tying this into the our profit share and even gave people “Partner” status based on their contributions to ops. It worked—kinda. One big downfall is that all of the tasks and projects were ad hoc. People would pick up jobs, but they didn’t have much context or expertise to apply. So the output often varied. Since we were trying to maintain a flat structure, there was minimal oversight or management of the work. In other words, we didn’t always get the best results. But, more importantly, we still didn’t close all of the gaps entirely. Because everything was an ad-hoc list of tasks and projects, we never really had the “big picture” view of everything that needed to be done across the business. This also meant we rarely had clarity on what was important, what was trivial, and what was critical. We need a better system. Stop Reinventing the Wheel (And Create a Damn Org Chart) It’s time to get serious about filling the gaps in our business. It can’t be a half-fix or an ad hoc set of projects and tasks. We need clarity on the roles that need to be filled and then fill them. The first step here is to create an org chart. A real one. Map out all of the jobs that need to be done for Optimist to be successful besides just writers and designers. Roles like: Content director Design director SEO manager Reporting Finance Account management Business development Sales Marketing Project management It feels a bit laughable listing all of these roles. Because most are either empty or have my name attached to them. And that’s the problem. I can’t do everything. And all of the empty roles are gaps in our structure—places where people aren’t getting the direction, feedback, or guidance they need to do their best work. Or where things just aren’t being done consistently. Content director, for example, should be responsible for steering the output of our content strategists, writers, and editors. They’re not micromanaging every deliverable. But they give feedback, set overall policy, and help our team identify opportunities to get better. Right now we don’t have anyone in that role. Which means it’s my job—when I have time. Looking at the org chart (a real org chart that I actually built to help with this), it’s plain as day how many roles look like this. Even if we aren’t going to implement a traditional agency structure and a strict hierarchy, we still need to address these gaps. And the only way for that to happen is face the reality and then create a plan to close the gaps. Now that we have a list of theoretical roles, we need to clearly define the responsibilities and boundaries of those roles to make sure they cover everything that actually needs to happen. Then we can begin the process of delegating, assigning, hiring, and otherwise addressing each one. So that’s what I need to do. To be done: Create job descriptions for all of the roles we need to fill Hire Biz Dev role Hire Account Lead role(s) Hire Head of Content Playing Offense As we move into Q1 of 2025 and I reflect on the tumultuous few years we’ve had, one thought keeps running through my head. We need to play offense. Most of the last 1-2 years was reacting to changes that were happening around us. Trying to make sense and chart a new path forward. Reeling. But what I really want—as a person and as an entrepreneur—is to be proactive. I want to think and plan ahead. Figure out where we want to go before we’re forced to change course by something that’s out of our control. So my overarching focus for Q1 is playing offense. Thinking longer term. Getting ahead of the daily deluge and creating space to be more proactive, innovative, and forward thinking. To do: Pilot new content formats Audit and update our own content strategy Improve feedback workflows Build out long-term roadmap for 1-2 years for Optimist Final Note on Follow-Through and Cadence In my reflection this year, one of the things I’ve realized is how helpful these posts are for me. I process by writing. So I actually end up making a lot of decisions and seeing things more clearly each time I sit down to reflect and write my yearly recap. It also gives me a space to hold myself accountable for the things I said I would do. So, I’m doing two things a bit differently from here on out. First: I’m identifying clear action items that I’m holding myself accountable for getting done in the next 3 months (listed in the above sections). In each future update, I’ll do an accounting of what I got done and what wasn’t finished (and why). Second: I’m going to start writing shorter quarterly updates. This will gives me more chances each year to reflect, process, and make decisions. Plus it gives me a shorter feedback loop for the action items that I identified above. (See—playing offense.) — Okay friends, enemies, and frenemies. This is my first update for 2025. Glad to share with y’all. And thanks to everyone who’s read, commented, reached out, and shared their own experiences over the years. We are all the accumulation of our connections and our experiences. As always, I will pop in to respond to comments and answer questions. Feel free to share your thoughts, questions, and general disdain down below. Cheers, Tyler

Made $19.2k this month, and just surpassed $1000 the last 24 hours. What I did and what's next.

It's the first time I hit $1000+ in 24 hours and I had no one to share it with (except you guys). I'm quite proud of my journey, and I would have thought that making $1000 in a day would make me ecstatic, but actually it's not the case. Not sure if it's because my revenue has grown by increment step so I had time to "prepare" myself to achieve this at one point, or just that I'm nowhere near my goal of 100k/month so that I'm not that affected by it. But it's crazy to think that my goal was to make 100$ daily at the end of 2024. So for those who don't know me (I guess most of you), I build mobile apps and ship them as fast as I can. Most of them are in the AI space. I already made a post here on how I become a mobile app developer so you can check it for more details, but essentially here's what I did : Always loved creating my own things and solve problems Built multiple YouTube channels since I was 15 (mobile gaming actually) that all worked great (but it was too niche so not that scalable, didn't like that) Did a few businesses here and there (drop shopping, selling merch to school, etc) Finished my master's degree in engineering about 2 years ago Worked a moment in a famous watch industry company and saw my potential. The combo of health issues, fixed salary (although it was quite a lot), and me wanting to be an entrepreneur made me leave the company. Created a TikTok account in mobile tech (got 10+ million views the 1st 3 days), manage to grow it to 200k subs in about 3 months Got plenty of collabs for promoting mobile apps (between $500 - $2000 for a collab) Said fuck it I should do my own apps and market them on my TikTok instead of doing collabs Me wanting to build my own apps happened around May-June 2023. Started my TikTok in Feb 2023. At this point I had already 150k+ subs on TikTok. You guys need to know that I suck at coding big time. During my studies I tried to limit as much as I could coding because I was a lazy bast*rd, even though I knew it would come to bite me in the ass one day. But an angel appeared to me in broad daylight, that angel was called GPT-4. I subscribed for 20$/month to get access, and instantly I saw the potential of AI and how much it could help me. Last year GPT-4 was ahead of its time and could already code me basic apps. I had already a mac so I just downloaded Xcode and that was it. My 1st app was a wallpaper app, and I kid you not 90% of it was made by AI. Yes sometimes I had to try again and again with different prompts but it was still so much faster compared to if I had to learn coding from scratch and write code with my own hands. The only thing I didn't do was implement the in app purchase, from which I find a guy on Fiverr to do it for me for 50$. After about 2 months of on-off coding, my first app was ready to be launched. So it was launched, had a great successful launch without doing any videos at that point (iOS 17 was released and my app was the first one alongside another one to offer live wallpapers for iOS 17. I knew that there was a huge app potential there when iOS 17 was released in beta as Apple changed their live wallpaper feature). I Then made a video a few weeks after on my mobile tiktok channel, made about 1 million views in 48 hours, brought me around 40k additional users. Was top 1 chart in graphism and design category for a few weeks (in France, as I'm French so my TikTok videos are in French). And was top 100 in that same category in 120+ countries. Made about 500$ ? Okay that was trash, but I had no idea to monetize the app correctly at that point. It was still a huge W to me and proved me that I could successfully launch apps. Then I learned ASO (App Store Optimization) in depth, searched on internet, followed mobile app developers on Twitter, checked YouTube videos, you name it. I was eager to learn more. I needed more. Then I just iterated, build my 2nd app in less than a month, my 3rd in 3 weeks and so on. I just build my 14th app in 3 days and is now in review. Everytime I manage to reuse some of my other app's code in my new one, which is why I can build them so much faster now. I know how to monetize my app better by checking out my competitors. I learn so much by just "spying" other apps. Funnily enough, I only made this one Tiktok video on my main account to promote my app. For all my other apps, I didn't do a single video where I showcase it, the downloads has only been thanks to ASO. I still use AI everyday. I'm still not good at coding (a bit better than when I started). I use AI to create my app icons (midjourney or the new AI model Flux which is great). I use figma + midjourney to create my App Store screenshots (and they actually look quite good). I use GPT-4o and Claude 3.5 Sonnet to code most of my apps features. I use gpt-4o to localize my app (if you want to optimize the number of downloads I strongly suggest localizing your app, it takes me about 10 minutes thanks to AI). Now what are my next goals ? To achieve the 100k/month I need to change my strategy a little. Right now the $20k/month comes from purely organic downloads, I didn't do any paid advertising. It will be hard for me to keep on launching new apps and rely on ASO to reach the 100k mark. The best bet to reach 100k is to collab with content creators and they create a viral video showcasing your app. Depending on the app it's not that easy, luckily some of my apps can be viral so I will need to find the right content creators. Second way is to try tiktok/meta ads, I can check (have checked) all the ads that have been made by my competitors (thank you EU), so what I would do is copy their ad concept and create similar ads than them. Some of them have millions in ad budget so I know they create high converting ads, so you don't need to try to create an ad creative from scratch. My only big fear is to get banned by Apple (for no reason of mine). In just a snap of a finger they can just ban you from the platform, that shit scares me. And you pretty much can't do anything. So that's about it for me. I'm quite proud of myself not going to lie. Have been battling so many health issues these past years where I just stay in bed all day I'm surprised to be able to make it work. Anyways feel free to ask questions. I hope it was interesting for some of you at least. PS: My new app was just approved by app review, let the app gods favor me and bring me many downloads ! Also forgot to talk about a potential $100k+ acquisition of one of my apps, but if that ever happens I'll make a post on it.

Switching Gears: Implementing AI for My Agency’s Marketing After a Decade

Hi there, I’ve been running a software development and design agency for the last 10 years, mainly focusing on building custom solutions for businesses and SaaS. For the last 2 years, I’ve consistently recommended that clients use AI technologies, especially for social media and content creation to generate traffic. Funny enough, I wasn’t practicing what I preached. Most of my client projects came from platforms like Upwork and word-of-mouth referrals from clients or people from networking events. Background I started my journey in 2014, switching from an employee to a freelancer. Within the first 10 months, my initial projects grew beyond what I could handle alone, prompting me to hire additional developers. This shift turned my role from a full-stack developer to a team lead and developer. Over the years, my focus has been a blend of tech and product. About five years ago, I realized the importance of design, leading me to adding designers to the agency to provide full-cycle service development—from product ideation and design to development, testing, launch, and support. I still continue to set up dedicated teams for some clients, maintaining a strong technical role as a tech lead, solution architect, and head product designer. To enhance my skills, I even completed UI/UX design courses to offer better product solutions. Despite these changes, building products has always been the easy part. The challenge was ensuring these client products didn’t end up in the graveyard due to poor product-market fit, often caused by inadequate marketing and sales strategies but more often just absence of them. (we are talking about startup and first time founders here 🙂 ) My Journey and Observations Advising Clients: I often found myself advising clients on increasing traffic for their SaaS products and crafting strategic marketing plans. Learning: I’ve gained most of my knowledge from consuming internet materials, courses, and blog posts and learning from successful client project launches. Realization: Despite giving this advice, I wasn’t applying these strategies to my own business, leading to low visits to my agency’s website. Initial Solution: Hiring a Marketer Hiring: I brought in a marketer with a solid background in content creating and interview video editing from an educational organization. Goal: The aim was to increase website visits through a comprehensive marketing strategy. Outcome: Although the content produced was high-quality and useful for pitching services, it didn’t lead to significant traffic increases. Issue: The marketer focused more on content creation rather than distribution channels, which limited effectiveness. Shift to AI-Driven Strategy Experiment: I decided to try using AI for content creation and distribution, which aligns with my agency’s specialization in design-driven development and AI integrations. Implementation plan: I will be generating all content with minimal edits using AI and implementing a strategic backlinking approach. Backlinking Strategy Initial Plan: I initially thought of hiring a specialist for backlinks. Realization: The costs and profiles of freelancers didn’t seem promising. Solution: I found AI-driven services for backlinks, which seem more efficient and cost-effective. Plan: My plan is to use these tools for programmatic SEO-driven AI-generated articles and third-party backlinking services over the next two to three months. Current Approach Management: This approach can be managed and executed by 1 person and monitored weekly, reducing human error and optimizing efficiency. I will start it myself and then replace myself with an editor with managing skills. Reflection: It’s a bit ironic and funny that it took me 10 years to start implementing these strategies in my own agency business, but I now feel more confident with AI and automation in place. Why Increase Website Visitors? You might ask, why do I want to increase the number of visitors to the site, and how can I ensure these visitors will be qualified? Hands-On Experience: To gain hands-on experience and perform this exercise effectively. Introduce Packaged Services: I want to introduce a set of low-cost packaged services tailored for non-technical people who want to build things for themselves - the DIY kits for non-technical folks. These services will provide a foundational template for them to build upon on top of existing established solutions such as Wix, Square Why am I Posting and Sharing Here? You might also wonder, why am I posting it here and sharing this? Well, I'm doing this more for myself. Most of my career, the things I’ve done have been behind the curtains. With this small project, I want to make it public to see the reaction of the community. Perhaps there will be good and smart suggestions offered, and maybe some insights or highlights of tools I wasn’t aware of or didn’t consider. I’ll keep sharing updates on this journey of website promotion, marketing, and SEO. My current goal is to reach 2,000 visits per month, which is a modest start. Looking forward to any thoughts or advice from this community! Disclaimer: This content was not generated by AI, but it was edited by it 😛

MVP + AI/ML Implementation/Integration - Done for you SaaS

In today’s fast-paced world, businesses need to stay ahead of the curve. Leveraging AI, ML, and Cloud technologies isn't just an option—it's a necessity. We specialize in providing cutting-edge AI/ML solutions and Cloud services that empower businesses to innovate, automate, and scale like never before. Why AI and ML Matter Artificial Intelligence (AI) and Machine Learning (ML) are revolutionizing industries by enabling systems to learn, adapt, and improve over time. Whether it's predicting customer behavior, automating tasks, or enhancing decision-making, AI and ML open up a world of possibilities. Key Benefits of AI and ML: Enhanced Decision-Making: Harness predictive analytics to make data-driven decisions. Automation: Streamline operations with intelligent automation. Personalization: Deliver tailored experiences to your customers, increasing engagement and loyalty. Efficiency: Reduce costs and time through optimized processes. How Cloud Services Drive Innovation The Cloud is the backbone of modern business infrastructure. It allows companies to be more agile, scalable, and resilient. With Cloud computing, businesses can access powerful tools and resources on-demand, without the need for significant upfront investment. Advantages of Cloud Services: Scalability: Easily scale up or down based on your business needs. Cost Efficiency: Pay only for the resources you use, minimizing overhead. Security: Benefit from the highest standards of data security and compliance. Flexibility: Access your applications and data from anywhere, anytime. Our Services We offer comprehensive services to help you harness the full potential of AI, ML, and Cloud technologies: AI and ML Solutions: We design and deploy custom AI/ML models that solve your specific business challenges. From natural language processing (NLP) to computer vision, we cover all aspects of AI/ML. Cloud Integration: We help you migrate to the Cloud, ensuring a smooth transition with minimal disruption. Whether it’s AWS, Azure, or Google Cloud, our experts have you covered. Data Analytics: Transform your data into actionable insights with advanced analytics tools and platforms. Custom Software Development: We build robust, scalable applications that integrate AI/ML capabilities and leverage the Cloud. DevOps: Automate your development pipeline and ensure continuous integration and delivery with our DevOps expertise. Why Choose Us? Expert Team: Our team of experienced professionals is well-versed in AI/ML, Cloud computing, and data analytics. End-to-End Solutions: From ideation to deployment, we offer full-cycle development services. Tailored Approach: We understand that every business is unique. We provide customized solutions that align with your specific goals. Proven Track Record: We’ve helped numerous businesses across industries to innovate and grow. Success Stories Retail Industry: Implemented an AI-driven recommendation engine that increased sales by 30%. Healthcare Sector: Developed an ML-based diagnostic tool that improved accuracy by 20%. Finance: Integrated Cloud-based AI solutions that reduced operational costs by 25%.

I run an AI automation agency (AAA). My honest overview and review of this new business model

I started an AI tools directory in February, and then branched off that to start an AI automation agency (AAA) in June. So far I've come across a lot of unsustainable "ideas" to make money with AI, but at the same time a few diamonds in the rough that aren't fully tapped into yet- especially the AAA model. Thought I'd share this post to shine light into this new business model and share some ways you could potentially start your own agency, or at the very least know who you are dealing with and how to pick and choose when you (inevitably) get bombarded with cold emails from them down the line. Foreword Running an AAA does NOT involve using AI tools directly to generate and sell content directly. That ship has sailed, and unless you are happy with $5 from Fiverr every month or so, it is not a real business model. Cry me a river but generating generic art with AI and slapping it onto a T-shirt to sell on Etsy won't make you a dime. At the same time, the AAA model will NOT require you to have a deep theoretical knowledge of AI, or any academic degree, as we are more so dealing with the practical applications of generative AI and how we can implement these into different workflows and tech-stacks, rather than building AI models from the ground up. Regardless of all that, common sense and a willingness to learn will help (a shit ton), as with anything. Keep in mind - this WILL involve work and motivation as well. The mindset that AI somehow means everything can be done for you on autopilot is not the right way to approach things. The common theme of businesses I've seen who have successfully implemented AI into their operations is the willingess to work with AI in a way that augments their existing operations, rather than flat out replace a worker or team. And this is exactly the train of thought you need when working with AI as a business model. However, as the field is relatively unsaturated and hype surrounding AI is still fresh for enterprises, right now is the prime time to start something new if generative AI interests you at all. With that being said, I'll be going over three of the most successful AI-adjacent businesses I've seen over this past year, in addition to some tips and resources to point you in the right direction. so.. WTF is an AI Automation Agency? The AI automation agency (or as some YouTubers have coined it, the AAA model) at its core involves creating custom AI solutions for businesses. I have over 1500 AI tools listed in my directory, however the feedback I've received from some enterprise users is that ready-made SaaS tools are too generic to meet their specific needs. Combine this with the fact virtually no smaller companies have the time or skills required to develop custom solutions right off the bat, and you have yourself real demand. I would say in practice, the AAA model is quite similar to Wordpress and even web dev agencies, with the major difference being all solutions you develop will incorporate key aspects of AI AND automation. Which brings me to my second point- JUST AI IS NOT ENOUGH. Rather than reducing the amount of time required to complete certain tasks, I've seen many AI agencies make the mistake of recommending and (trying to) sell solutions that more likely than not increase the workload of their clients. For example, if you were to make an internal tool that has AI answer questions based on their knowledge base, but this knowledge base has to be updated manually, this is creating unnecessary work. As such I think one of the key components of building successful AI solutions is incorporating the new (Generative AI/LLMs) with the old (programmtic automation- think Zapier, APIs, etc.). Finally, for this business model to be successful, ideally you should target a niche in which you have already worked and understand pain points and needs. Not only does this make it much easier to get calls booked with prospects, the solutions you build will have much greater value to your clients (meaning you get paid more). A mistake I've seen many AAA operators make (and I blame this on the "Get Rich Quick" YouTubers) is focusing too much on a specific productized service, rather than really understanding the needs of businesses. The former is much done via a SaaS model, but when going the agency route the only thing that makes sense is building custom solutions. This is why I always take a consultant-first approach. You can only build once you understand what they actually need and how certain solutions may impact their operations, workflows, and bottom-line. Basics of How to Get Started Pick a niche. As I mentioned previously, preferably one that you've worked in before. Niches I know of that are actively being bombarded with cold emails include real estate, e-commerce, auto-dealerships, lawyers, and medical offices. There is a reason for this, but I will tell you straight up this business model works well if you target any white-collar service business (internal tools approach) or high volume businesses (customer facing tools approach). Setup your toolbox. If you wanted to start a pressure washing business, you would need a pressure-washer. This is no different. For those without programming knowledge, I've seen two common ways AAA get setup to build- one is having a network of on-call web developers, whether its personal contacts or simply going to Upwork or any talent sourcing agency. The second is having an arsenal of no-code tools. I'll get to this more in a second, but this works beecause at its core, when we are dealing with the practical applications of AI, the code is quite simple, simply put. Start cold sales. Unless you have a network already, this is not a step you can skip. You've already picked a niche, so all you have to do is find the right message. Keep cold emails short, sweet, but enticing- and it will help a lot if you did step 1 correctly and intimately understand who your audience is. I'll be touching base later about how you can leverage AI yourself to help you with outreach and closing. The beauty of gen AI and the AAA model You don't need to be a seasoned web developer to make this business model work. The large majority of solutions that SME clients want is best done using an API for an LLM for the actual AI aspect. The value we create with the solutions we build comes with the conceptual framework and design that not only does what they need it to but integrates smoothly with their existing tech-stack and workflow. The actual implementation is quite straightforward once you understand the high level design and know which tools you are going to use. To give you a sense, even if you plan to build out these apps yourself (say in Python) the large majority of the nitty gritty technical work has already been done for you, especially if you leverage Python libraries and packages that offer high level abstraction for LLM-related functions. For instance, calling GPT can be as little as a single line of code. (And there are no-code tools where these functions are simply an icon on a GUI). Aside from understanding the capabilities and limitations of these tools and frameworks, the only thing that matters is being able to put them in a way that makes sense for what you want to build. Which is why outsourcing and no-code tools both work in our case. Okay... but how TF am I suppposed to actually build out these solutions? Now the fun part. I highly recommend getting familiar with Langchain and LlamaIndex. Both are Python libraires that help a lot with the high-level LLM abstraction I mentioned previously. The two most important aspects include being able to integrate internal data sources/knowledge bases with LLMs, and have LLMs perform autonomous actions. The two most common methods respectively are RAG and output parsing. RAG (retrieval augmented Generation) If you've ever seen a tool that seemingly "trains" GPT on your own data, and wonder how it all works- well I have an answer from you. At a high level, the user query is first being fed to what's called a vector database to run vector search. Vector search basically lets you do semantic search where you are searching data based on meaning. The vector databases then retrieves the most relevant sections of text as it relates to the user query, and this text gets APPENDED to your GPT prompt to provide extra context to the AI. Further, with prompt engineering, you can limit GPT to only generate an answer if it can be found within this extra context, greatly limiting the chance of hallucination (this is where AI makes random shit up). Aside from vector databases, we can also implement RAG with other data sources and retrieval methods, for example SQL databses (via parsing the outputs of LLM's- more on this later). Autonomous Agents via Output Parsing A common need of clients has been having AI actually perform tasks, rather than simply spitting out text. For example, with autonomous agents, we can have an e-commerce chatbot do the work of a basic customer service rep (i.e. look into orders, refunds, shipping). At a high level, what's going on is that the response of the LLM is being used programmtically to determine which API to call. Keeping on with the e-commerce example, if I wanted a chatbot to check shipping status, I could have a LLM response within my app (not shown to the user) with a prompt that outputs a random hash or string, and programmatically I can determine which API call to make based on this hash/string. And using the same fundamental concept as with RAG, I can append the the API response to a final prompt that would spit out the answer for the user. How No Code Tools Can Fit In (With some example solutions you can build) With that being said, you don't necessarily need to do all of the above by coding yourself, with Python libraries or otherwise. However, I will say that having that high level overview will help IMMENSELY when it comes to using no-code tools to do the actual work for you. Regardless, here are a few common solutions you might build for clients as well as some no-code tools you can use to build them out. Ex. Solution 1: AI Chatbots for SMEs (Small and Medium Enterprises) This involves creating chatbots that handle user queries, lead gen, and so forth with AI, and will use the principles of RAG at heart. After getting the required data from your client (i.e. product catalogues, previous support tickets, FAQ, internal documentation), you upload this into your knowledge base and write a prompt that makes sense for your use case. One no-code tool that does this well is MyAskAI. The beauty of it especially for building external chatbots is the ability to quickly ingest entire websites into your knowledge base via a sitemap, and bulk uploading files. Essentially, they've covered the entire grunt work required to do this manually. Finally, you can create a inline or chat widget on your client's website with a few lines of HTML, or altneratively integrate it with a Slack/Teams chatbot (if you are going for an internal Q&A chatbot approach). Other tools you could use include Botpress and Voiceflow, however these are less for RAG and more for building out complete chatbot flows that may or may not incorporate LLMs. Both apps are essentially GUIs that eliminate the pain and tears and trying to implement complex flows manually, and both natively incoporate AI intents and a knowledge base feature. Ex. Solution 2: Internal Apps Similar to the first example, except we go beyond making just chatbots but tools such as report generation and really any sort of internal tool or automations that may incorporate LLM's. For instance, you can have a tool that automatically generates replies to inbound emails based on your client's knowledge base. Or an automation that does the same thing but for replies to Instagram comments. Another example could be a tool that generates a description and screeenshot based on a URL (useful for directory sites, made one for my own :P). Getting into more advanced implementations of LLMs, we can have tools that can generate entire drafts of reports (think 80+ pages), based not only on data from a knowledge base but also the writing style, format, and author voice of previous reports. One good tool to create content generation panels for your clients would be MindStudio. You can train LLM's via prompt engineering in a structured way with your own data to essentially fine tune them for whatever text you need it to generate. Furthermore, it has a GUI where you can dictate the entire AI flow. You can also upload data sources via multiple formats, including PDF, CSV, and Docx. For automations that require interactions between multiple apps, I recommend the OG zapier/make.com if you want a no-code solution. For instance, for the automatic email reply generator, I can have a trigger such that when an email is received, a custom AI reply is generated by MyAskAI, and finally a draft is created in my email client. Or, for an automation where I can create a social media posts on multiple platforms based on a RSS feed (news feed), I can implement this directly in Zapier with their native GPT action (see screenshot) As for more complex LLM flows that may require multiple layers of LLMs, data sources, and APIs working together to generate a single response i.e. a long form 100 page report, I would recommend tools such as Stack AI or Flowise (open-source alternative) to build these solutions out. Essentially, you get most of the functions and features of Python packages such as Langchain and LlamaIndex in a GUI. See screenshot for an example of a flow How the hell are you supposed to find clients? With all that being said, none of this matters if you can't find anyone to sell to. You will have to do cold sales, one way or the other, especially if you are brand new to the game. And what better way to sell your AI services than with AI itself? If we want to integrate AI into the cold outreach process, first we must identify what it's good at doing, and that's obviously writing a bunch of text, in a short amount of time. Similar to the solutions that an AAA can build for its clients, we can take advantage of the same principles in our own sales processes. How to do outreach Once you've identified your niche and their pain points/opportunities for automation, you want to craft a compelling message in which you can send via cold email and cold calls to get prospects booked on demos/consultations. I won't get into too much detail in terms of exactly how to write emails or calling scripts, as there are millions of resources to help with this, but I will tell you a few key points you want to keep in mind when doing outreach for your AAA. First, you want to keep in mind that many businesses are still hesitant about AI and may not understand what it really is or how it can benefit their operations. However, we can take advantage of how mass media has been reporting on AI this past year- at the very least people are AWARE that sooner or later they may have to implement AI into their businesses to stay competitive. We want to frame our message in a way that introduces generative AI as a technology that can have a direct, tangible, and positive impact on their business. Although it may be hard to quantify, I like to include estimates of man-hours saved or costs saved at least in my final proposals to prospects. Times are TOUGH right now, and money is expensive, so you need to have a compelling reason for businesses to get on board. Once you've gotten your messaging down, you will want to create a list of prospects to contact. Tools you can use to find prospects include Apollo.io, reply.io, zoominfo (expensive af), and Linkedin Sales Navigator. What specific job titles, etc. to target will depend on your niche but for smaller companies this will tend to be the owner. For white collar niches, i.e. law, the professional that will be directly benefiting from the tool (i.e. partners) may be better to contact. And for larger organizations you may want to target business improvement and digital transformation leads/directors- these are the people directly in charge of projects like what you may be proposing. Okay- so you have your message, and your list, and now all it comes down to is getting the good word out. I won't be going into the details of how to send these out, a quick Google search will give you hundreds of resources for cold outreach methods. However, personalization is key and beyond simple dynamic variables you want to make sure you can either personalize your email campaigns directly with AI (SmartWriter.ai is an example of a tool that can do this), or at the very least have the ability to import email messages programmatically. Alternatively, ask ChatGPT to make you a Python Script that can take in a list of emails, scrape info based on their linkedin URL or website, and all pass this onto a GPT prompt that specifies your messaging to generate an email. From there, send away. How tf do I close? Once you've got some prospects booked in on your meetings, you will need to close deals with them to turn them into clients. Call #1: Consultation Tying back to when I mentioned you want to take a consultant-first appraoch, you will want to listen closely to their goals and needs and understand their pain points. This would be the first call, and typically I would provide a high level overview of different solutions we could build to tacke these. It really helps to have a presentation available, so you can graphically demonstrate key points and key technologies. I like to use Plus AI for this, it's basically a Google Slides add-on that can generate slide decks for you. I copy and paste my default company messaging, add some key points for the presentation, and it comes out with pretty decent slides. Call #2: Demo The second call would involve a demo of one of these solutions, and typically I'll quickly prototype it with boilerplate code I already have, otherwise I'll cook something up in a no-code tool. If you have a niche where one type of solution is commonly demanded, it helps to have a general demo set up to be able to handle a larger volume of calls, so you aren't burning yourself out. I'll also elaborate on how the final product would look like in comparison to the demo. Call #3 and Beyond: Once the initial consultation and demo is complete, you will want to alleviate any remaining concerns from your prospects and work with them to reach a final work proposal. It's crucial you lay out exactly what you will be building (in writing) and ensure the prospect understands this. Furthermore, be clear and transparent with timelines and communication methods for the project. In terms of pricing, you want to take this from a value-based approach. The same solution may be worth a lot more to client A than client B. Furthermore, you can create "add-ons" such as monthly maintenance/upgrade packages, training sessions for employeees, and so forth, separate from the initial setup fee you would charge. How you can incorporate AI into marketing your businesses Beyond cold sales, I highly recommend creating a funnel to capture warm leads. For instance, I do this currently with my AI tools directory, which links directly to my AI agency and has consistent branding throughout. Warm leads are much more likely to close (and honestly, much nicer to deal with). However, even without an AI-related website, at the very least you will want to create a presence on social media and the web in general. As with any agency, you will want basic a professional presence. A professional virtual address helps, in addition to a Google Business Profile (GBP) and TrustPilot. a GBP (especially for local SEO) and Trustpilot page also helps improve the looks of your search results immensely. For GBP, I recommend using ProfilePro, which is a chrome extension you can use to automate SEO work for your GBP. Aside from SEO optimzied business descriptions based on your business, it can handle Q/A answers, responses, updates, and service descriptions based on local keywords. Privacy and Legal Concerns of the AAA Model Aside from typical concerns for agencies relating to service contracts, there are a few issues (especially when using no-code tools) that will need to be addressed to run a successful AAA. Most of these surround privacy concerns when working with proprietary data. In your terms with your client, you will want to clearly define hosting providers and any third party tools you will be using to build their solution, and a DPA with these third parties listed as subprocessors if necessary. In addition, you will want to implement best practices like redacting private information from data being used for building solutions. In terms of addressing concerns directly from clients, it helps if you host your solutions on their own servers (not possible with AI tools), and address the fact only ChatGPT queries in the web app, not OpenAI API calls, will be used to train OpenAI's models (as reported by mainstream media). The key here is to be open and transparent with your clients about ALL the tools you are using, where there data will be going, and make sure to get this all in writing. have fun, and keep an open mind Before I finish this post, I just want to reiterate the fact that this is NOT an easy way to make money. Running an AI agency will require hours and hours of dedication and work, and constantly rearranging your schedule to meet prospect and client needs. However, if you are looking for a new business to run, and have a knack for understanding business operations and are genuinely interested in the pracitcal applications of generative AI, then I say go for it. The time is ticking before AAA becomes the new dropshipping or SMMA, and I've a firm believer that those who set foot first and establish themselves in this field will come out top. And remember, while 100 thousand people may read this post, only 2 may actually take initiative and start.

I just sold my startup for $200,000 after 11 months. AMA

Last August, I was looking for a startup idea I could grow and made a MVP in a week then launched it. I received the $200,000 wire from the buyer a couple of days ago I found tons of useful info online for free, so I hope this can be my way of giving back :) Here is some background: Idea I got the idea when trying to write a tweet using Google Doc's transcription tool, which was terrible. I was pretty sure I wasn't the only one too lazy to type, I made my own solution using AI to transcribe and reformat voice notes into any kind of content. I called it Talknotes, mainly because it was the only domain available lol Validation: My rule is to only reinvest what the project generates. After listing on startup directories and posting on Twitter, I generated $700 in 10 days. It wasn't much, but enough to show interest and keep me motivated. I added user-requested features, but the launch effect wore off, and daily revenues dropped to $0 after a few weeks. I almost gave up, but friends encouraged me to continue. In October, I launched on ProductHunt and it blew up. It became Product of the Day and reached $1500 MRR thanks to media coverage. I initially built everything using vanilla JS/CSS/HTML + Node for backend. But it's pretty limited for apps with lots of interactivity so, I rebuilt the app using Nuxt.js to make it easier to ship new features. Then, I launched ads on Facebook and I implemented a feedback loop: Get new users Learn about them through onboarding Make more ads based on onboarding data This doubled MRR in about 2 months. Burnout and Sale: In May, I had a bad burnout after emergency bug fixes. This made it hard to work on the app after. At this point MRR was around $7000 and total revenues around $70,0000 I listed it on Acquire.com for $200,000, a very good price for the buyer considering revenues and growth. I could've gotten $300,000 with buyer financing or earn-outs, but I wanted cash, $200,000 today is better than $300,000 in a year. Everything was smooth until we tried using Escrow, which almost fucked up the deal (details here). Long story short, had to threaten them to make a sponsored post on Twitter explaining what they did + legal action. They sent the refund the very next day, and we completed the transfer directly. Now, this isn't an overnight success. It's the result of 7 years of grind. I launched over 40 projects since I started, and most of them failed. I often worked 100 hours per week, and I rarely go out or meet many people. It's not for everyone, but I'm fine with it With the profit from the app + sale, and other projects, I have close to 1/3 of a million dollar. I could retire in Asia if I wanted Just mind blowing to think I wrote funny characters in a code editor and sold it for the price of a house lol Edit 1: A few people got confused. I said it's 7 years of grind and most of my projects failed, not that I was not making money. I also said I OFTEN worked 100h/week, not every week :) Since I learned to code 2 years ago I've made close to $400k from my app's profit + exit (this one + another one for $65k last year). And before that I was making money as a marketing freelancer. Also, I dropped after high-school, so, I had to learn everything from scratch, it takes time! Edit 2: Lots of people asked how/where I learned to code in 2 months. I wrote a blog/journal about it back then with links to resources, you can find it here if you're interested

Switching Gears: Implementing AI for My Agency’s Marketing After a Decade

Hi there, I’ve been running a software development and design agency for the last 10 years, mainly focusing on building custom solutions for businesses and SaaS. For the last 2 years, I’ve consistently recommended that clients use AI technologies, especially for social media and content creation to generate traffic. Funny enough, I wasn’t practicing what I preached. Most of my client projects came from platforms like Upwork and word-of-mouth referrals from clients or people from networking events. Background I started my journey in 2014, switching from an employee to a freelancer. Within the first 10 months, my initial projects grew beyond what I could handle alone, prompting me to hire additional developers. This shift turned my role from a full-stack developer to a team lead and developer. Over the years, my focus has been a blend of tech and product. About five years ago, I realized the importance of design, leading me to adding designers to the agency to provide full-cycle service development—from product ideation and design to development, testing, launch, and support. I still continue to set up dedicated teams for some clients, maintaining a strong technical role as a tech lead, solution architect, and head product designer. To enhance my skills, I even completed UI/UX design courses to offer better product solutions. Despite these changes, building products has always been the easy part. The challenge was ensuring these client products didn’t end up in the graveyard due to poor product-market fit, often caused by inadequate marketing and sales strategies but more often just absence of them. (we are talking about startup and first time founders here 🙂 ) My Journey and Observations Advising Clients: I often found myself advising clients on increasing traffic for their SaaS products and crafting strategic marketing plans. Learning: I’ve gained most of my knowledge from consuming internet materials, courses, and blog posts and learning from successful client project launches. Realization: Despite giving this advice, I wasn’t applying these strategies to my own business, leading to low visits to my agency’s website. Initial Solution: Hiring a Marketer Hiring: I brought in a marketer with a solid background in content creating and interview video editing from an educational organization. Goal: The aim was to increase website visits through a comprehensive marketing strategy. Outcome: Although the content produced was high-quality and useful for pitching services, it didn’t lead to significant traffic increases. Issue: The marketer focused more on content creation rather than distribution channels, which limited effectiveness. Shift to AI-Driven Strategy Experiment: I decided to try using AI for content creation and distribution, which aligns with my agency’s specialization in design-driven development and AI integrations. Implementation plan: I will be generating all content with minimal edits using AI and implementing a strategic backlinking approach. Backlinking Strategy Initial Plan: I initially thought of hiring a specialist for backlinks. Realization: The costs and profiles of freelancers didn’t seem promising. Solution: I found AI-driven services for backlinks, which seem more efficient and cost-effective. Plan: My plan is to use these tools for programmatic SEO-driven AI-generated articles and third-party backlinking services over the next two to three months. Current Approach Management: This approach can be managed and executed by 1 person and monitored weekly, reducing human error and optimizing efficiency. I will start it myself and then replace myself with an editor with managing skills. Reflection: It’s a bit ironic and funny that it took me 10 years to start implementing these strategies in my own agency business, but I now feel more confident with AI and automation in place. Why Increase Website Visitors? You might ask, why do I want to increase the number of visitors to the site, and how can I ensure these visitors will be qualified? Hands-On Experience: To gain hands-on experience and perform this exercise effectively. Introduce Packaged Services: I want to introduce a set of low-cost packaged services tailored for non-technical people who want to build things for themselves - the DIY kits for non-technical folks. These services will provide a foundational template for them to build upon on top of existing established solutions such as Wix, Square Why am I Posting and Sharing Here? You might also wonder, why am I posting it here and sharing this? Well, I'm doing this more for myself. Most of my career, the things I’ve done have been behind the curtains. With this small project, I want to make it public to see the reaction of the community. Perhaps there will be good and smart suggestions offered, and maybe some insights or highlights of tools I wasn’t aware of or didn’t consider. I’ll keep sharing updates on this journey of website promotion, marketing, and SEO. My current goal is to reach 2,000 visits per month, which is a modest start. Looking forward to any thoughts or advice from this community! Disclaimer: This content was not generated by AI, but it was edited by it 😛

How a Small Startup in Asia Secured a Contract with the US Department of Homeland Security

Uzair Javaid, a Ph.D. with a passion for data privacy, co-founded Betterdata to tackle one of AI's most pressing challenges: protecting privacy while enabling innovation. Recently, Betterdata secured a lucrative contract with the US Department of Homeland Security, 1 of only 4 companies worldwide to do so and the only one in Asia. Here's how he did it: The Story So what's your story? I grew up in Peshawar, Pakistan, excelling in coding despite studying electrical engineering. Inspired by my professors, I set my sights on studying abroad and eventually earned a Ph.D. scholarship at NUS Singapore, specializing in data security and privacy. During my research, I ethically hacked Ethereum and published 15 papers—three times the requirement. While wrapping up my Ph.D., I explored startup ideas and joined Entrepreneur First, where I met Kevin Yee. With his expertise in generative models and mine in privacy, we founded Betterdata. Now, nearly three years in, we’ve secured a major contract with the U.S. Department of Homeland Security—one of only four companies globally and the only one from Asia. The Startup In a nutshell, what does your startup do? Betterdata is a startup that uses AI and synthetic data generation to address two major challenges: data privacy and the scarcity of high-quality data for training AI models. By leveraging generative models and privacy-enhancing technologies, Betterdata enables businesses, such as banks, to use customer data without breaching privacy regulations. The platform trains AI on real data, learns its patterns, and generates synthetic data that mimics the real thing without containing any personal or sensitive information. This allows companies to innovate and develop AI solutions safely and ethically, all while tackling the growing need for diverse, high-quality data in AI development. How did you conduct ideation and validation for your startup? The initial idea for Betterdata came from personal experience. During my Ph.D., I ethically hacked Ethereum’s blockchain, exposing flaws in encryption-based data sharing. This led me to explore AI-driven deep synthesis technology—similar to deepfakes but for structured data privacy. With GDPR impacting 28M+ businesses, I saw a massive opportunity to help enterprises securely share data while staying compliant. To validate the idea, I spoke to 50 potential customers—a number that strikes the right balance. Some say 100, but that’s impractical for early-stage founders. At 50, patterns emerge: if 3 out of 10 mention the same problem, and this repeats across 50, you have 10–15 strong signals, making it a solid foundation for an MVP. Instead of outbound sales, which I dislike, we used three key methods: Account-Based Marketing (ABM)—targeting technically savvy users with solutions for niche problems, like scaling synthetic data for banks. Targeted Content Marketing—regular customer conversations shaped our thought leadership and outreach. Raising Awareness Through Partnerships—collaborating with NUS, Singapore’s PDPC, and Plug and Play to build credibility and educate the market. These strategies attracted serious customers willing to pay, guiding Betterdata’s product development and market fit. How did you approach the initial building and ongoing product development? In the early stages, we built synthetic data generation algorithms and a basic UI for proof-of-concept, using open-source datasets to engage with banks. We quickly learned that banks wouldn't share actual customer data due to privacy concerns, so we had to conduct on-site installations and gather feedback to refine our MVP. Through continuous consultation with customers, we discovered real enterprise data posed challenges, such as missing values, which led us to adapt our prototype accordingly. This iterative approach of listening to customer feedback and observing their usage allowed us to improve our product, enhance UX, and address unmet needs while building trust and loyalty. Working closely with our customers also gives us a data advantage. Our solution’s effectiveness depends on customer data, which we can't fully access, but bridging this knowledge gap gives us a competitive edge. The more customers we test on, the more our algorithms adapt to diverse use cases, making it harder for competitors to replicate our insights. My approach to iteration is simple: focus solely on customer feedback and ignore external noise like trends or advice. The key question for the team is: which customer is asking for this feature or solution? As long as there's a clear answer, we move forward. External influences, such as AI hype, often bring more confusion than clarity. True long-term success comes from solving real customer problems, not chasing trends. Customers may not always know exactly what they want, but they understand their problems. Our job is to identify these problems and solve them in innovative ways. While customers may suggest specific features, we stay focused on solving the core issue rather than just fulfilling their exact requests. The idea aligns with the quote often attributed to Henry Ford: "If I asked people what they wanted, they would have said faster horses." The key is understanding their problems, not just taking requests at face value. How do you assess product-market fit? To assess product-market fit, we track two key metrics: Customers' Willingness to Pay: We measure both the quantity and quality of meetings with potential customers. A high number of meetings with key decision-makers signals genuine interest. At Betterdata, we focused on getting meetings with people in banks and large enterprises to gauge our product's resonance with the target market. How Much Customers Are Willing to Pay: We monitor the price customers are willing to pay, especially in the early stages. For us, large enterprises, like banks, were willing to pay a premium for our synthetic data platform due to the growing need for privacy tech. This feedback guided our product refinement and scaling strategy. By focusing on these metrics, we refined our product and positioned it for scaling. What is your business model? We employ a structured, phase-driven approach for out business model, as a B2B startup. I initially struggled with focusing on the core value proposition in sales, often becoming overly educational. Eventually, we developed a product roadmap with models that allowed us to match customer needs to specific offerings and justify our pricing. Our pricing structure includes project-based pilots and annual contracts for successful deployments. At Betterdata, our customer engagement unfolds across three phases: Phase 1: Trial and Benchmarking \- We start with outreach and use open-source datasets to showcase results, offering customers a trial period to evaluate the solution. Phase 2: Pilot or PoC \- After positive trial results, we conduct a PoC or pilot using the customer’s private data, with the understanding that successful pilots lead to an annual contract. Phase 3: Multi-Year Contracts \- Following a successful pilot, we transition to long-term commercial contracts, focusing on multi-year agreements to ensure stability and ongoing partnerships. How do you do marketing for your brand? We take a non-conventional approach to marketing, focusing on answering one key question: Which customers are willing to pay, and how much? This drives our messaging to show how our solution meets their needs. Our strategy centers around two main components: Building a network of lead magnets \- These are influential figures like senior advisors, thought leaders, and strategic partners. Engaging with institutions like IMDA, SUTD, and investors like Plug and Play helps us gain access to the right people and foster warm introductions, which shorten our sales cycle and ensure we’re reaching the right audience. Thought leadership \- We build our brand through customer traction, technology evidence, and regulatory guidelines. This helps us establish credibility in the market and position ourselves as trusted leaders in our field. This holistic approach has enabled us to navigate diverse market conditions in Asia and grow our B2B relationships. By focusing on these areas, we drive business growth and establish strong trust with stakeholders. What's your advice for fundraising? Here are my key takeaways for other founders when it comes to fundraising: Fundraise When You Don’t Need To We closed our seed round in April 2023, a time when we weren't actively raising. Founders should always be in fundraising mode, even when they're not immediately in need of capital. Don’t wait until you have only a few months of runway left. Keep the pipeline open and build relationships. When the timing is right, execution becomes much easier. For us, our investment came through a combination of referrals and inbound interest. Even our lead investor initially rejected us, but after re-engaging, things eventually fell into place. It’s crucial to stay humble, treat everyone with respect, and maintain those relationships for when the time is right. Be Mindful of How You Present Information When fundraising, how you present information matters a lot. We created a comprehensive, easily digestible investment memo, hosted on Notion, which included everything an investor might need—problem, solution, market, team, risks, opportunities, and data. The goal was for investors to be able to get the full picture within 30 minutes without chasing down extra details. We also focused on making our financial model clear and meaningful, even though a 5-year forecast might be overkill at the seed stage. The key was clarity and conciseness, and making it as easy as possible for investors to understand the opportunity. I learned that brevity and simplicity are often the best ways to make a memorable impact. For the pitch itself, keep it simple and focus on 4 things: problem, solution, team, and market. If you can summarize each of these clearly and concisely, you’ll have a compelling pitch. Later on, you can expand into market segments, traction, and other metrics, but for seed-stage, focus on those four areas, and make sure you’re strong in at least three of them. If you do, you'll have a compelling case. How do you run things day-to-day? i.e what's your operational workflow and team structure? Here's an overview of our team structure and process: Internally: Our team is divided into two main areas: backend (internal team) and frontend (market-facing team). There's no formal hierarchy within the backend team. We all operate as equals, defining our goals based on what needs to be developed, assigning tasks, and meeting weekly to share updates and review progress. The focus is on full ownership of tasks and accountability for getting things done. I also contribute to product development, identifying challenges and clearing obstacles to help the team move forward. Backend Team: We approach tasks based on the scope defined by customers, with no blame or hierarchy. It's like a sports team—sometimes someone excels, and other times they struggle, but we support each other and move forward together. Everyone has the creative freedom to work in the way that suits them best, but we establish regular meetings and check-ins to ensure alignment and progress. Frontend Team: For the market-facing side, we implement a hierarchy because the market expects this structure. If I present myself as "CEO," it signals authority and credibility. This distinction affects how we communicate with the market and how we build our brand. The frontend team is split into four main areas: Business Product (Software Engineering) Machine Learning Engineering R&D The C-suite sits at the top, followed by team leads, and then the executors. We distill market expectations into actionable tasks, ensuring that everyone is clear on their role and responsibilities. Process: We start by receiving market expectations and defining tasks based on them. Tasks are assigned to relevant teams, and execution happens with no communication barriers between team members. This ensures seamless collaboration and focused execution. The main goal is always effectiveness—getting things done efficiently while maintaining flexibility in how individuals approach their work. In both teams, there's an emphasis on accountability, collaboration, and clear communication, but the structure varies according to the nature of the work and external expectations.

Where Do I Find Like-Minded, Unorthodox Co-founders? [Tech]

After more than 20 years in the tech industry I'm pretty fed up. I've been at it non-stop, so the burnout was building up for a while. Eventually, it's gotten so bad that it was no longer a question whether I need to take a break; I knew that I had to, for the sake of myself and loved ones. A few months ago I quit my well-paying, mid-level mgmt job to have some much-needed respite. I can't say that I've fully recovered, but I'm doing a bit better, so I'm starting to think about what's next. That said, the thoughts of going back into the rat race fill me with dread and anxiety. I've had an interesting career - I spent most of it in startups doing various roles from an SWE to a VP Eng, including having my own startup adventures for a couple of years. The last 4.5 years of my career have been in one of the fastest growing tech companies - it was a great learning experience, but also incredibly stressful, toxic and demoralizing. It's clear to me that I'm not cut out for the corporate world -- the ethos contradicts with my personality and beliefs -- but it's not just. I've accumulated "emotional scars" from practically every place I worked at and it made me loathe the industry to the degree that if I ever have another startup, it'd have to be by my own -- unorthodox -- ideals, even if it means a premature death due to lack of funding. I was young, stupid and overly confident when I had my first startup. I tried to do it "by the book" and dance to the tune of investors. While my startup failed for other, unrelated reasons, it gave me an opportunity to peak behind the curtain, experience the power dynamics, and get a better understanding to how the game is played - VCs and other person of interest have popularized the misconception that if a company doesn't scale, it would stagnate and eventually regress and die. This is nonsense. This narrative was created because it would make the capitalist pigs obsolete - they need companies to go through the entire alphabet before forcing them to sell or IPO. The sad reality is that the most entrepreneurs still believe in this paradigm and fall into the VC's honeypot traps. It's true that many businesses cannot bootstrap or scale without VC money, but it's equally true that far too many companies pivot/scale prematurely (and enshitify their product in the process) due to external pressures fueled by pure greed. This has a top-bottom effect - enshitification doesn't only effect users, but it also heavily effects the processes and structrures of companies, which can explain why the average tenure in tech is only \~2 years. I think that we live in an age where self-starting startups are more feasible than ever. It's not just the rise of AI and automation, but also the plethora of tools, services, and open-source projects that are available to all for free. On the one hand, this is fantastic, but on the other, the low barrier-to-entry creates oversaturation of companies which makes research & discovery incredibly hard - it is overwhelming to keep up with the pace and distill the signal from the noise, and there's a LOT of noise - there's not enough metaphorical real-estate for the graveyard of startups that will be defunct in the very near future. I'd like to experiment with startups again, but I don't want to navigate through this complex mine field all by myself - I want to find a like-minded co-founder who shares the same ideals as I do. It goes without saying that being on the same page isn't enough - I also want someone who's experienced, intelligent, creative, productive, well-rounded, etc. At the moment, I don't have anyone in my professional network who has/wants what it takes. I can look into startup bootcamps/accelerators like YC et al., and sure enough, I'll find talented individuals, but it'd be a mismatch from the get-go. For shits and giggles, this is (very roughly) how I envision the ideal company: Excellent work life balance: the goal is not to make a quick exit, become filthy rich, and turn into a self-absorbed asshole bragging about how they got so succesful. The goal is to generate a steady revenue stream while not succumbing to social norms that encourage greed. The entire purpose is to reach humble financial indepedence while maintaining a stress-free (as one possibly can) work environment. QOL should always be considered before ARR. Bootstraping: no external money. Not now, not later. No quid pro quo. No shady professionals or advisors. Company makes it or dies trying. Finances: very conservative to begin with - the idea is to play it safe and build a long fucking runaway before hiring. Spend every penny mindfully and frugally. Growth shouldn't be too quick & reckless. The business will be extremely efficient in spending. The only exception to the rule is crucial infrastructure and wages to hire top talent and keep salaries competitive and fair. Hiring: fully remote. Global presence, where applicable. Headcount will be limited to the absolute bare minimum. The goal is to run with a skeleton crew of the best generalists out there - bright, self-sufficient, highly motivated, autodidact, and creative individuals. Hiring the right people is everything and should be the company's top priority. Compensation & Perks: transperent and fair, incentivizing exceptional performance with revenue sharing bonuses. The rest is your typical best-in-class perks: top tier health/dental/vision insurance, generous PTO with mandatory required minimum, parental leave, mental wellness, etc. Process: processes will be extremely efficient, automated to the max, documented, unbloated, and data-driven through and through. Internal knowledge & data metrics will be accessible and transparent to all. Employees get full autonomy of their respective areas and are fully in charge of how they spend their days as long as they have agreed-upon, coherent, measurable metrics of success. Meetings will be reduced to the absolute minimum and would have to be justified and actionable - the ideal is that most communications will be done in written form, while face-to-face will be reserved for presentations/socializing. I like the Kaizen philosophy to continuously improve and optimize processes. Product: As previously stated, "data-driven through and through". Mindful approach to understand cost/benefit. Deliberate and measured atomic improvements to avoid feature creep and slow down the inevitable entropy. Most importantly, client input should be treated with the utmost attention but should never be the main driver for the product roadmap. This is a very controversial take, but sometimes it's better to lose a paying customer than to cave to their distracting/unreasonable/time-consuming demands. People Culture: ironicaly, this would be what most companies claim to have, but for realsies. Collaborative, open, blameless environment. People are treated like actual grown ups with flat structure, full autonomy, and unwavering trust. Socializing and bonding is highly encourged, but never required. Creativity and ingenuity is highly valued - people are encouraged to work on side projects one day of the week. Values: I can write a lot about it, but it really boils down to being kind and humble. We all know what happened with "don't be evil". It's incredibly hard to retain values over time, esp. when there are opposing views within a company. I don't know how to solve it, but I believe that there should be some (tried and true) internal checks & balances from the get go to ensure things are on track. I never mentioned what this hypothetical startup does. Sure, there's another very relevant layer of domain experience fit, but this mindset allows one to be a bit more fluid because the goal is not to disrupt an industry or "make the world a better place"; it's to see work for what it truly is - a mean to an end. It's far more important for me to align with a co-founder on these topics than on an actual idea or technical details. Pivoting and rebranding are so common that many VCs outweigh the make up and chemistry of the founding team (and their ability to execute) over the feasibility of their ideas.  To wrap this long-winded post, I'm not naive or disillusioned - utopias aren't real and profitable companies who operate at a 70-80% rate of what I propose are the real unicorns, but despite them being a tiny minority, I think they are the real forward thinkers of the industry. I might be wrong, but I hope that I'm right and that more and more startups will opt towards long-term sustainability over the promise of short-term gains because the status quo really stinks for most people. What do you folks think? Does anyone relate? Where can I find others like me? P.S I thought about starting a blog writing about these topics in length (everything that is wrong with tech & what can be done to improve it), but I have the Impostor Syndrom and I'm too self-conscious about how I come off. If you somehow enjoyed reading through that and would love to hear more of my thoughts and experiences in greater detail, please let me know. P.P.S If you have a company that is close to what I'm describing and you're hiring, let me know!

101 best SEO tips to help you drive traffic in 2k21

Hey guys! I don't have to tell you how SEO can be good for your business - you can drive leads to your SaaS on autopilot, drive traffic to your store/gym/bar/whatever, etc. The thing with SEO, though, is that most SEO tips on the internet are just not that good. Most of the said tips: Are way too simple & basic (“add meta descriptions to your images”*) Are not impactful. Sure, adding that meta tag to an image is important, but that’s not what’s going to drive traffic to your website Don’t talk much about SEO strategy (which is ultimately the most important thing for SEO). Sure, on-page SEO is great, but you sure as hell won't drive much traffic if you can't hire the right writers to scale your content. And to drive serious SEO traffic, you'll need a LOT more than that. Over the past few years, my and my co-founder have helped grow websites to over 200k+ monthly traffic (check out our older Reddit post if you want to learn more about us, our process, and what we do), and we compiled all our most important SEO tips and tricks, as well as case studies, research, and experiments from the web, into this article. Hope you like it ;) If you think we missed something super important, let us know and we'll add it to the list. And btw, we also published this article on our own blog with images, smart filters, and all that good stuff. If you want to check it out, click here. That said, grab some coffee (or beer) & let's dive in - this is going to be a long one. SEO Strategy Tips Tip #1. A Lot of SEO Tips On The Internet Are NOT Necessarily Factual A lot of the SEO content you’ll read on the internet will be based on personal experiences and hearsay. Unfortunately, Google is a bit vague about SEO advice, so you have to rely more on experiments conducted by SEO pros in the community. So, sometimes, a lot of this information is questionable, wrong, or simply based on inaccurate data.  What we’re getting at here is, whenever you hear some new SEO advice, take it with a grain of salt. Google it to double-check other sources, and really understand what this SEO advice is based on (instead of just taking it at face value). Tip #2. SEO Takes Time - Get Used to It Any way you spin it, SEO takes time.  It can take around 6 months to 2 years (depending on the competition in your niche) before you start seeing some serious results.  So, don’t get disappointed if you don’t see any results within 3 months of publishing content. Tip #3. SEO Isn’t The Best Channel for Everyone That said, if you need results for your business tomorrow, you might want to reconsider SEO altogether.  If you just started your business, for example, and are trying to get to break-even ASAP, SEO is a bad idea - you’ll quit before you even start seeing any results.  If that’s the case, focus on other marketing channels that can have faster results like content marketing, PPC, outreach, etc. Tip #4. Use PPC to Validate Keywords Not sure if SEO is right for your business? Do this: set up Google Search ads for the most high-intent keywords in your niche. See how well the traffic converts and then decide if it’s worthwhile to focus on SEO (and rank on these keywords organically). Tip #5. Use GSC to See If SEO Is Working While it takes a while to see SEO results, it IS possible to see if you’re going in the right direction. On a monthly basis, you can use Search Console to check if your articles are indexed by Google and if their average position is improving over time. Tip #6. Publish a TON of Content The more content you publish on your blog, the better. We recommend a minimum of 10,000 words per month and optimally 20,000 - 30,000 (especially if your website is fresh). If an agency offers you the typical “4 500-word articles per month” deal, stay away. No one’s ever gotten results in SEO with short, once-per-week articles. Tip #7. Upgrade Your Writers Got a writer that’s performing well? Hire them as an editor and get them to oversee content operations / edit other writers’ content. Then, upgrade your best editor to Head of Content and get them to manage the entire editor / writer ops. Tip #8. Use Backlink Data to Prioritize Content When doing keyword research, gather the backlink data of the top 3 ranking articles and add it to your sheet. Then, use this data to help you prioritize which keywords to focus on first. We usually prioritize keywords that have lower competition, high traffic, and a medium to high buyer intent. Tip #9. Conduct In-Depth Keyword Research Make your initial keyword research as comprehensive as possible. This will give you a much more realistic view of your niche and allow you to prioritize content the right way. We usually aim for 100 to 300 keywords (depending on the niche) for the initial keyword research when we start working with a client. Tip #10. Start With Competitive Analysis Start every keyword research with competitive analysis. Extract the keywords your top 3 competitors are ranking on.  Then, use them as inspiration and build upon it. Use tools like UberSuggest to help generate new keyword ideas. Tip #11. Get SEMrush of Ahrefs You NEED SEMrush or Ahrefs, there’s no doubt about it. While they might seem expensive at a glance (99 USD per month billed annually), they’re going to save you a lot of manpower doing menial SEO tasks. Tip #12. Don’t Overdo It With SEO Tools Don’t overdo it with SEO tools. There are hundreds of those out there, and if you’re the type that’s into SaaS, you might be tempted to play around with dozens at a time. And yes, to be fair, most of these tools ARE helpful one way or another. To effectively do organic SEO, though, you don’t really need that many tools. In most cases, you just need the following: SEMrush/Ahrefs Screaming Frog RankMath/Yoast SEO Whichever outreach tool you prefer (our favorite is snov.io). Tip #13. Try Some of the Optional Tools In addition to the tools we mentioned before, you can also try the following 2 which are pretty useful & popular in the SEO community: Surfer SEO - helps with on-page SEO and creating content briefs for writers. ClusterAI - tool that helps simplify keyword research & save time. Tip #14. Constantly Source Writers Want to take your content production to the next level? You’ll need to hire more writers.  There is, however, one thing that makes this really, really difficult: 95 - 99% of writers applying for your gigs won’t be relevant. Up to 80% will be awful at writing, and the remainder just won’t be relevant for your niche. So, in order to scale your writing team, we recommend sourcing constantly, and not just once every few months. Tip #15. Create a Process for Writer Filtering As we just mentioned, when sourcing writers, you’ll be getting a ton of applicants, but most won’t be qualified. Fun fact \- every single time we post a job ad on ProBlogger, we get around 300 - 500 applications (most of which are totally not relevant). Trust us, you don’t want to spend your time going through such a huge list and checking out the writer samples. So, instead, we recommend you do this: Hire a virtual assistant to own the process of evaluating and short-listing writers. Create a process for evaluating writers. We recommend evaluating writers by: Level of English. If their samples aren’t fluent, they’re not relevant. Quality of Samples. Are the samples engaging / long-form content, or are they boring 500-word copy-pastes? Technical Knowledge. Has the writer written about a hard-to-explain topic before? Anyone can write about simple topics like traveling - you want to look for someone who knows how to research a new topic and explain it in a simple and easy to read way. If someone’s written about how to create a perfect cover letter, they can probably write about traveling, but the opposite isn’t true. The VA constantly evaluates new applicants and forwards the relevant ones to the editor. The editor goes through the short-listed writers and gives them trial tasks and hires the ones that perform well. Tip #16. Use The Right Websites to Source Writers “Is UpWork any good?” This question pops up on social media time and time again. If you ask us, no, UpWork is not good at all. Of course, there are qualified writers there (just like anywhere else), but from our experience, those writers are few and far in-between. Instead, here are some of our favorite ways to source writers: Cult of Copy Job Board ProBlogger Headhunting on LinkedIn If you really want to use UpWork, use it for headhunting (instead of posting a job ad) Tip #17. Hire Writers the Right Way If you want to seriously scale your content production, hire your writers full-time. This (especially) makes sense if you’re a content marketing agency that creates a TON of content for clients all the time. If you’re doing SEO just for your own blog, though, it usually makes more sense to use freelancers. Tip #18. Topic Authority Matters Google keeps your website's authoritativeness in mind. Meaning, if you have 100 articles on digital marketing, you’re probably more of an authority on the topic than someone that has just 10. Hence, Google is a lot more likely to reward you with better rankings. This is also partially why content volume really matters: the more frequently you publish content, the sooner Google will view you as an authority. Tip #19. Focus on One Niche at a Time Let’s say your blog covers the following topics: sales, accounting, and business management.  You’re more likely to rank if you have 30 articles on a single topic (e.g. accounting) than if you have 10 articles on each. So, we recommend you double-down on one niche instead of spreading your content team thin with different topics. Tip #20. Don’t Fret on the Details While technical SEO is important, you shouldn’t get too hung up on it.  Sure, there are thousands of technical tips you can find on the internet, and most of them DO matter. The truth, though, is that Google won’t punish you just because your website doesn’t load in 3 milliseconds or there’s a meta description missing on a single page. Especially if you have SEO fundamentals done right: Get your website to run as fast as possible. Create a ton of good SEO content. Get backlinks for your website on a regular basis. You’ll still rank, even if your website isn’t 100% optimized. Tip #21. Do Yourself a Favor and Hire a VA There are a TON of boring SEO tasks that your team should really not be wasting time with. So, hire a full-time VA to help with all that. Some tasks you want to outsource include gathering contacts to reach out to for link-building, uploading articles on WordPress, etc. Tip #22. Google Isn’t Everything While Google IS the dominant search engine in most parts of the world, there ARE countries with other popular search engines.  If you want to improve your SEO in China, for example, you should be more concerned with ranking on Baidu. Targeting Russia? Focus on Yandex. Tip #23. No, Voice Search is Still Not Relevant Voice search is not and will not be relevant (no matter what sensationalist articles might say). It’s just too impractical for most search queries to use voice (as opposed to traditional search). Tip #24. SEO Is Not Dead SEO is not dead and will still be relevant decades down the line. Every year, there’s a sensationalist article talking about this.  Ignore those. Tip #25. Doing Local SEO? Focus on Service Pages If you’re doing local SEO, focus on creating service-based landing pages instead of content.  E.g. if you’re an accounting firm based in Boston, you can make a landing page about /accounting-firm-boston/, /tax-accounting-boston/, /cpa-boston/, and so on. Thing is, you don’t really need to rank on global search terms - you just won’t get leads from there. Even if you ranked on the term “financial accounting,” it wouldn’t really matter for your bottom line that much. Tip #26. Learn More on Local SEO Speaking of local SEO, we definitely don’t do the topic justice in this guide. There’s a lot more you need to know to do local SEO effectively and some of it goes against the general SEO advice we talk about in this article (e.g. you don't necessarily need blog content for local SEO). We're going to publish an article on that soon enough, so if you want to check it out, DM me and I'll hit you up when it's up. Tip #27. Avoid Vanity Metrics Don’t get side-tracked by vanity metrics.  At the end of the day, you should care about how your traffic impacts your bottom line. Fat graphs and lots of traffic are nice and all, but none of it matters if the traffic doesn’t have the right search intent to convert to your product/service. Tip #28. Struggling With SEO? Hire an Expert Failing to make SEO work for your business? When in doubt, hire an organic SEO consultant or an SEO agency.  The #1 benefit of hiring an SEO agency or consultant is that they’ve been there and done that - more than once. They might be able to catch issues an inexperienced SEO can’t. Tip #29. Engage With the Community Need a couple of SEO questions answered?  SEO pros are super helpful & easy to reach! Join these Facebook groups and ask your question - you’ll get about a dozen helpful answers! SEO Signals Lab SEO & Content Marketing The Proper SEO Group. Tip #30. Stay Up to Date With SEO Trends SEO is always changing - Google is constantly pumping out new updates that have a significant impact on how the game is played.  Make sure to stay up to date with the latest SEO trends and Google updates by following the Google Search Central blog. Tip #31. Increase Organic CTR With PPC Want to get the most out of your rankings? Run PPC ads for your best keywords. Googlers who first see your ad are more likely to click your organic listing. Content & On-Page SEO Tips Tip #32. Create 50% Longer Content On average, we recommend you create an article that’s around 50% longer than the best article ranking on the keyword.  One small exception, though, is if you’re in a super competitive niche and all top-ranking articles are already as comprehensive as they can be. For example, in the VPN niche, all articles ranking for the keyword “best VPN” are around 10,000 - 11,000 words long. And that’s the optimal word count - even if you go beyond, you won’t be able to deliver that much value for the reader to make it worth the effort of creating the content. Tip #33. Longer Is Not Always Better Sometimes, a short-form article can get the job done much better.  For example, let’s say you’re targeting the keyword “how to tie a tie.”  The reader expects a short and simple guide, something under 500 words, and not “The Ultimate Guide to Tie Tying for 2021 \[11 Best Tips and Tricks\]” Tip #34. SEO is Not Just About Written Content Written content is not always best. Sometimes, videos can perform significantly better. E.g. If the Googler is looking to learn how to get a deadlift form right, they’re most likely going to be looking for a video. Tip #35. Don’t Forget to Follow Basic Optimization Tips For all your web pages (articles included), follow basic SEO optimization tips. E.g. include the keyword in the URL, use the right headings etc.  Just use RankMath or YoastSEO for this and you’re in the clear! Tip #36. Hire Specialized Writers When hiring content writers, try to look for ones that specialize in creating SEO content.  There are a LOT of writers on the internet, plenty of which are really good.  However, if they haven’t written SEO content before, chances are, they won’t do that good of a job. Tip #37. Use Content Outlines Speaking of writers - when working with writers, create a content outline that summarizes what the article should be about and what kind of topics it needs to cover instead of giving them a keyword and asking them to “knock themselves out.”   This makes it a lot more likely for the writer to create something that ranks. When creating content outlines, we recommend you include the following information: Target keyword Related keywords that should be mentioned in the article Article structure - which headings should the writer use? In what order? Article title Tip #38. Find Writers With Niche Knowledge Try to find a SEO content writer with some experience or past knowledge about your niche. Otherwise, they’re going to take around a month or two to become an expert. Alternatively, if you’re having difficulty finding a writer with niche knowledge, try to find someone with experience in technical or hard to explain topics. Writers who’ve written about cybersecurity in the past, for example, are a lot more likely to successfully cover other complicated topics (as opposed to, for example, a food or travel blogger). Tip #39. Keep Your Audience’s Knowledge in Mind When creating SEO content, always keep your audience’s knowledge in mind. If you’re writing about advanced finance, for example, you don’t need to teach your reader what an income statement is. If you’re writing about income statements, on the other hand, you’d want to start from the very barebone basics. Tip #40. Write for Your Audience If your readers are suit-and-tie lawyers, they’re going to expect professionally written content. 20-something hipsters? You can get away with throwing a Rick and Morty reference here and there. Tip #41. Use Grammarly Trust us, it’ll seriously make your life easier! Keep in mind, though, that the app is not a replacement for a professional editor. Tip #42. Use Hemingway Online content should be very easy to read & follow for everyone, whether they’re a senior profession with a Ph.D. or a college kid looking to learn a new topic. As such, your content should be written in a simple manner - and that’s where Hemingway comes in. It helps you keep your blog content simple. Tip #43. Create Compelling Headlines Want to drive clicks to your articles? You’ll need compelling headlines. Compare the two headlines below; which one would you click? 101 Productivity Tips \[To Get Things Done in 2021\] VS Productivity Tips Guide Exactly! To create clickable headlines, we recommend you include the following elements: Keyword Numbers Results Year (If Relevant) Tip #44. Nail Your Blog Content Formatting Format your blog posts well and avoid overly long walls of text. There’s a reason Backlinko content is so popular - it’s extremely easy to read and follow. Tip #45. Use Relevant Images In Your SEO Content Key here - relevant. Don’t just spray random stock photos of “office people smiling” around your posts; no one likes those.  Instead, add graphs, charts, screenshots, quote blocks, CSS boxes, and other engaging elements. Tip #46. Implement the Skyscraper Technique (The Right Way) Want to implement Backlinko’s skyscraper technique?  Keep this in mind before you do: not all content is meant to be promoted.  Pick a topic that fits the following criteria if you want the internet to care: It’s on an important topic. “Mega-Guide to SaaS Marketing” is good, “top 5 benefits of SaaS marketing” is not. You’re creating something significantly better than the original material. The internet is filled with mediocre content - strive to do better. Tip #47. Get The URL Slug Right for Seasonal Content If you want to rank on a seasonal keyword with one piece of content (e.g. you want to rank on “saas trends 2020, 2021, etc.”), don’t mention the year in the URL slug - keep it /saas-trends/ and just change the headline every year instead.  If you want to rank with separate articles, on the other hand (e.g. you publish a new trends report every year), include the year in the URL. Tip #48. Avoid content cannibalization.  Meaning, don’t write 2+ articles on one topic. This will confuse Google on which article it should rank. Tip #49. Don’t Overdo Outbound Links Don’t include too many outbound links in your content. Yes, including sources is good, but there is such a thing as overdoing it.  If your 1,000 word article has 20 outbound links, Google might consider it as spam (even if all those links are relevant). Tip #50. Consider “People Also Ask” To get the most out of SERP, you want to grab as many spots on the search result as possible, and this includes “people also ask (PAA):” Make a list of the topic’s PAA questions and ensure that your article answers them.  If you can’t fit the questions & answers within the article, though, you can also add an FAQ section at the end where you directly pose these questions and provide the answers. Tip #51. Optimize For Google Snippet Optimize your content for the Google Snippet. Check what’s currently ranking as the snippet. Then, try to do something similar (or even better) in terms of content and formatting. Tip #52. Get Inspired by Viral Content Want to create content that gets insane shares & links?  Reverse-engineer what has worked in the past. Look up content in your niche that went viral on Reddit, Hacker News, Facebook groups, Buzzsumo, etc. and create something similar, but significantly better. Tip #53. Avoid AI Content Tools No, robots can’t write SEO content.  If you’ve seen any of those “AI generated content tools,” you should know to stay away. The only thing those tools are (currently) good for is creating news content. Tip #54. Avoid Bad Content You will never, ever, ever rank with one 500-word article per week.  There are some SEO agencies (even the more reputable ones) that offer this as part of their service. Trust us, this is a waste of time. Tip #55. Update Your Content Regularly Check your top-performing articles annually and see if there’s anything you can do to improve them.  When most companies finally get the #1 ranking for a keyword, they leave the article alone and never touch it again… ...Until they get outranked, of course, by someone who one-upped their original article. Want to prevent this from happening? Analyze your top-performing content once a year and improve it when possible. Tip #56. Experiment With CTR Do your articles have low CTR? Experiment with different headlines and see if you can improve it.  Keep in mind, though, that what a “good CTR” is really depends on the keyword.  In some cases, the first ranking will drive 50% of the traffic. In others, it’s going to be less than 15%. Link-Building Tips Tip #57. Yes, Links Matter. Here’s What You Need to Know “Do I need backlinks to rank?” is probably one of the most common SEO questions.  The answer to the question (alongside all other SEO-related questions) is that it depends on the niche.  If your competitors don’t have a lot of backlinks, chances are, you can rank solely by creating superior content. If you’re in an extremely competitive niche (e.g. VPN, insurance, etc.), though, everyone has amazing, quality content - that’s just the baseline.  What sets top-ranking content apart from the rest is backlinks. Tip #58. Sometimes, You’ll Have to Pay For Links Unfortunately, in some niches, paying for links is unavoidable - e.g. gambling, CBD, and others. In such cases, you either need a hefty link-building budget, or a very creative link-building campaign (create a viral infographic, news-worthy story based on interesting data, etc.). Tip #59. Build Relationships, Not Links The very best link-building is actually relationship building.  Make a list of websites in your niche and build a relationship with them - don’t just spam them with the standard “hey, I have this amazing article, can you link to it?”.  If you spam, you risk ruining your reputation (and this is going to make further outreach much harder). Tip #60. Stick With The Classics At the end of the day, the most effective link-building tactics are the most straightforward ones:  Direct Outreach Broken Link-Building Guest Posting Skyscraper Technique Creating Viral Content Guestposting With Infographics Tip #61. Give, Don’t Just Take! If you’re doing link-building outreach, don’t just ask for links - give something in return.  This will significantly improve the reply rate from your outreach email. If you own a SaaS tool, for example, you can offer the bloggers you’re reaching out to free access to your software. Or, alternatively, if you’re doing a lot of guest posting, you can offer the website owner a link from the guest post in exchange for the link to your website. Tip #62. Avoid Link Resellers That guy DMing you on LinkedIn, trying to sell you links from a Google Sheet?  Don’t fall for it - most of those links are PBNs and are likely to backfire on you. Tip #63. Avoid Fiverr Like The Plague Speaking of spammy links, don’t touch anything that’s sold on Fiverr - pretty much all of the links there are useless. Tip #64. Focus on Quality Links Not all links are created equal. A link is of higher quality if it’s linked from a page that: Is NOT a PBN. Doesn’t have a lot of outbound links. If the page links to 20 other websites, each of them gets less link juice. Has a lot of (quality) backlinks. Is part of a website with a high domain authority. Is about a topic relevant to the page it’s linking to. If your article about pets has a link from an accounting blog, Google will consider it a bit suspicious. Tip #65. Data-Backed Content Just Works Data-backed content can get insane results for link-building.  For example, OKCupid used to publish interesting data & research based on how people interacted with their platform and it never failed to go viral. Each of their reports ended up being covered by dozens of news media (which got them a ton of easy links). Tip #66. Be Creative - SEO Is Marketing, After All Be novel & creative with your link-building initiatives.  Here’s the thing: the very best link-builders are not going to write about the tactics they’re using.  If they did, you’d see half the internet using the exact same tactic as them in less than a week! Which, as you can guess, would make the tactic cliche and significantly less effective. In order to get superior results with your link-building, you’ll need to be creative - think about how you can make your outreach different from what everyone does. Experiment it, measure it, and improve it till it works! Tip #67. Try HARO HARO, or Help a Reporter Out, is a platform that matches journalists with sources. You get an email every day with journalists looking for experts in specific niches, and if you pitch them right, they might feature you in their article or link to your website. Tip #68. No-Follow Links Aren’t That Bad Contrary to what you might’ve heard, no-follow links are not useless. Google uses no-follow as more of a suggestion than anything else.  There have been case studies that prove Google can disregard the no-follow tag and still reward you with increased rankings. Tip #69. Start Fresh With an Expired Domain Starting a new website? It might make sense to buy an expired one with existing backlinks (that’s in a similar niche as yours). The right domain can give you a serious boost to how fast you can rank. Tip #70. Don’t Overspend on Useless Links “Rel=sponsored” links don’t pass pagerank and hence, won’t help increase your website rankings.  So, avoid buying links from media websites like Forbes, Entrepreneur, etc. Tip #71. Promote Your Content Other than link-building, focus on organic content promotion. For example, you can repost your content on Facebook groups, LinkedIn, Reddit, etc. and focus on driving traffic.  This will actually lead to you getting links, too. We got around 95 backlinks to our SEO case study article just because of our successful content promotion. Tons of people saw the article on the net, liked it, and linked to it from their website. Tip #72. Do Expert Roundups Want to build relationships with influencers in your niche, but don’t know where to start?  Create an expert roundup article. If you’re in the sales niche, for example, you can write about Top 21 Sales Influencers in 2021 and reach out to the said influencers letting them know that they got featured. Trust us, they’ll love you for this! Tip #73. .Edu Links are Overhyped .edu links are overrated. According to John Mueller, .edu domains tend to have a ton of outbound links, and as such, Google ignores a big chunk of them. Tip #74. Build Relationships With Your Customers Little-known link-building hack: if you’re a SaaS company doing SEO, you can build relationships with your customers (the ones that are in the same topical niche as you are) and help each other build links! Tip #75. Reciprocal Links Aren’t That Bad Reciprocal links are not nearly as bad as Google makes them out to be. Sure, they can be bad at scale (if trading links is all you’re doing). Exchanging a link or two with another website / blog, though, is completely harmless in 99% of cases. Tip #76. Don’t Overspam Don’t do outreach for every single post you publish - just the big ones.  Most people already don’t care about your outreach email. Chances are, they’re going to care even less if you’re asking them to link to this new amazing article you wrote (which is about the top 5 benefits of adopting a puppy). Technical SEO Tips Tip #77. Use PageSpeed Insights If your website is extremely slow, it’s definitely going to impact your rankings. Use PageSpeed Insights to see how your website is currently performing. Tip #78. Load Speed Matters While load speed doesn’t impact rankings directly, it DOES impact your user experience. Chances are, if your page takes 5 seconds to load, but your competition’s loads instantly, the average Googler will drop off and pick them over you. Tip #79. Stick to a Low Crawl Depth Crawl depth of any page on your website should be lower than 4 (meaning, any given page should be possible to reach in no more than 3 clicks from the homepage).  Tip #80. Use Next-Gen Image Formats Next-gen image formats such as JPEG 2000, JPEG XR, and WebP can be compressed a lot better than PNG or JPG. So, when possible, use next-get formats for images on your website. Tip #81. De-Index Irrelevant Pages Hide the pages you don’t want Google to index (e.g: non-public, or unimportant pages) via your Robots.txt. If you’re a SaaS, for example, this would include most of your in-app pages or your internal knowledge base pages. Tip #82. Make Your Website Mobile-Friendly Make sure that your website is mobile-friendly. Google uses “mobile-first indexing.” Meaning, unless you have a working mobile version of your website, your rankings will seriously suffer. Tip #83. Lazy-Load Images Lazy-load your images. If your pages contain a lot of images, you MUST activate lazy-loading. This allows images that are below the screen, to be loaded only once the visitor scrolls down enough to see the image. Tip #84. Enable Gzip Compression Enable Gzip compression to allow your HTML, CSS and JS files to load faster. Tip #85. Clean Up Your Code If your website loads slowly because you have 100+ external javascript files and stylesheets being requested from the server, you can try minifying, aggregating, and inlining some of those files. Tip 86. Use Rel-Canonical Have duplicate content on your website? Use rel-canonical to show Google which version is the original (and should be prioritized for search results). Tip #87. Install an SSL Certificate Not only does an SSL certificate help keep your website safe, but it’s also a direct ranking factor. Google prioritizes websites that have SSL certificates over the ones that don’t. Tip #88. Use Correct Anchor Texts for Internal Links When linking to an internal page, mention the keyword you’re trying to rank for on that page in the anchor text. This helps Google understand that the page is, indeed, about the keyword you’re associating it with. Tip #89. Use GSC to Make Sure Your Content is Interlinked Internal links can have a serious impact on your rankings. So, make sure that all your blog posts (especially the new ones) are properly linked to/from your past content.  You can check how many links any given page has via Google Search Console. Tip #90. Bounce rate is NOT a Google ranking factor. Meaning, you can still rank high-up even with a high bounce rate. Tip #91. Don’t Fret About a High Bounce Rate Speaking of the bounce rate, you’ll see that some of your web pages have a higher-than-average bounce rate (70%+).  While this can sometimes be a cause for alarm, it’s not necessarily so. Sometimes, the search intent behind a given keyword means that you WILL have a high bounce rate even if your article is the most amazing thing ever.  E.g. if it’s a recipe page, the reader gets the recipe and bounces off (since they don’t need anything else). Tip #92. Google Will Ignore Your Meta Description More often than not, Google won’t use the meta description you provide - that’s normal. It will, instead, automatically pick a part of the text that it thinks is most relevant and use it as a meta description. Despite this, you should always add a meta description to all pages. Tip #93. Disavow Spammy & PBN Links Keep track of your backlinks and disavow anything that’s obviously spammy or PBNy. In most cases, Google will ignore these links anyway. However, you never know when a competitor is deliberately targeting you with too many spammy or PBN links (which might put you at risk for being penalized). Tip #94. Use The Correct Redirect  When permanently migrating your pages, use 301 redirect to pass on the link juice from the old page to the new one. If the redirect is temporary, use a 302 redirect instead. Tip #95. When A/B Testing, Do This A/B testing two pages? Use rel-canonical to show Google which page is the original. Tip #96. Avoid Amp DON’T use Amp.  Unless you’re a media company, Amp will negatively impact your website. Tip #97. Get Your URL Slugs Right Keep your blog URLs short and to-the-point. Good Example: apollodigital.io/blog/seo-case-study Bad Example: apollodigital.io/blog/seo-case-study-2021-0-to-200,000/ Tip #98. Avoid Dates in URLs An outdated date in your URL can hurt your CTR. Readers are more likely to click / read articles published recently than the ones written years back. Tip #99. Social Signals Matter Social signals impact your Google rankings, just not in the way you think. No, your number of shares and likes does NOT impact your ranking at all.  However, if your article goes viral and people use Google to find your article, click it, and read it, then yes, it will impact your rankings.  E.g. you read our SaaS marketing guide on Facebook, then look up “SaaS marketing” on Google, click it, and read it from there. Tip #100. Audit Your Website Frequently Every other month, crawl your website with ScreamingFrog and see if you have any broken links, 404s, etc. Tip #101. Use WordPress Not sure which CMS platform to use?  99% of the time, you’re better off with WordPress.  It has a TON of plugins that will make your life easier.  Want a drag & drop builder? Use Elementor. Wix, SiteGround and similar drag & drops are bad for SEO. Tip #102. Check Rankings the Right Way When checking on how well a post is ranking on Google Search Console, make sure to check Page AND Query to get the accurate number.  If you check just the page, it’s going to give you the average ranking on all keywords the page is ranking for (which is almost always going to be useless data). Conclusion Aaand that's about it - thanks for the read! Now, let's circle back to Tip #1 for a sec. Remember when we said a big chunk of what you read on SEO is based on personal experiences, experiments, and the like? Well, the tips we've mentioned are part of OUR experience. Chances are, you've done something that might be different (or completely goes against) our advice in this article. If that's the case, we'd love it if you let us know down in the comments. If you mention something extra-spicy, we'll even include it in this article.

how I built a $6k/mo business with cold email

I scaled my SaaS to a $6k/mo business in under 6 months completely using cold email. However, the biggest takeaway for me is not a business that’s potentially worth 6-figure. It’s having a glance at the power of cold emails in the age of AI. It’s a rapidly evolving yet highly-effective channel, but no one talks about how to do it properly. Below is the what I needed 3 years ago, when I was stuck with 40 free users on my first app. An app I spent 2 years building into the void. Entrepreneurship is lonely. Especially when you are just starting out. Launching a startup feel like shouting into the dark. You pour your heart out. You think you have the next big idea, but no one cares. You write tweets, write blogs, build features, add tests. You talk to some lukewarm leads on Twitter. You do your big launch on Product Hunt. You might even get your first few sales. But after that, crickets... Then, you try every distribution channel out there. SEO Influencers Facebook ads Affiliates Newsletters Social media PPC Tiktok Press releases The reality is, none of them are that effective for early-stage startups. Because, let's face it, when you're just getting started, you have no clue what your customers truly desire. Without understanding their needs, you cannot create a product that resonates with them. It's as simple as that. So what’s the best distribution channel when you are doing a cold start? Cold emails. I know what you're thinking, but give me 10 seconds to change your mind: When I first heard about cold emailing I was like: “Hell no! I’m a developer, ain’t no way I’m talking to strangers.” That all changed on Jan 1st 2024, when I actually started sending cold emails to grow. Over the period of 6 months, I got over 1,700 users to sign up for my SaaS and grew it to a $6k/mo rapidly growing business. All from cold emails. Mastering Cold Emails = Your Superpower I might not recommend cold emails 3 years ago, but in 2024, I'd go all in with it. It used to be an expensive marketing channel bootstrapped startups can’t afford. You need to hire many assistants, build a list, research the leads, find emails, manage the mailboxes, email the leads, reply to emails, do meetings. follow up, get rejected... You had to hire at least 5 people just to get the ball rolling. The problem? Managing people sucks, and it doesn’t scale. That all changed with AI. Today, GPT-4 outperforms most human assistants. You can build an army of intelligent agents to help you complete tasks that’d previously be impossible without human input. Things that’d take a team of 10 assistants a week can now be done in 30 minutes with AI, at far superior quality with less headaches. You can throw 5000 names with website url at this pipeline and you’ll automatically have 5000 personalized emails ready to fire in 30 minutes. How amazing is that? Beyond being extremely accessible to developers who are already proficient in AI, cold email's got 3 superpowers that no other distribution channels can offer. Superpower 1/3 : You start a conversation with every single user. Every. Single. User. Let that sink in. This is incredibly powerful in the early stages, as it helps you establish rapport, bounce ideas off one another, offer 1:1 support, understand their needs, build personal relationships, and ultimately convert users into long-term fans of your product. From talking to 1000 users at the early stage, I had 20 users asking me to get on a call every week. If they are ready to buy, I do a sales call. If they are not sure, I do a user research call. At one point I even had to limit the number of calls I took to avoid burnout. The depth of the understanding of my customers’ needs is unparalleled. Using this insight, I refined the product to precisely cater to their requirements. Superpower 2/3 : You choose exactly who you talk to Unlike other distribution channels where you at best pick what someone's searching for, with cold emails, you have 100% control over who you talk to. Their company Job title Seniority level Number of employees Technology stack Growth rate Funding stage Product offerings Competitive landscape Social activity (Marital status - well, technically you can, but maybe not this one…) You can dial in this targeting to match your ICP exactly. The result is super low CAC and ultra high conversion rate. For example, My competitors are paying $10 per click for the keyword "HARO agency". I pay $0.19 per email sent, and $1.92 per signup At around $500 LTV, you can see how the first means a non-viable business. And the second means a cash-generating engine. Superpower 3/3 : Complete stealth mode Unlike other channels where competitors can easily reverse engineer or even abuse your marketing strategies, cold email operates in complete stealth mode. Every aspect is concealed from end to end: Your target audience Lead generation methods Number of leads targeted Email content Sales funnel This secrecy explains why there isn't much discussion about it online. Everyone is too focused on keeping their strategies close and reaping the rewards. That's precisely why I've chosen to share my insights on leveraging cold email to grow a successful SaaS business. More founders need to harness this channel to its fullest potential. In addition, I've more or less reached every user within my Total Addressable Market (TAM). So, if any competitor is reading this, don't bother trying to replicate it. The majority of potential users for this AI product are already onboard. To recap, the three superpowers of cold emails: You start a conversation with every single user → Accelerate to PMF You choose exactly who you talk to → Super-low CAC Complete stealth mode → Doesn’t attract competition By combining the three superpowers I helped my SaaS reach product-marketing-fit quickly and scale it to $6k per month while staying fully bootstrapped. I don't believe this was a coincidence. It's a replicable strategy for any startup. The blueprint is actually straightforward: Engage with a handful of customers Validate the idea Engage with numerous customers Scale to $5k/mo and beyond More early-stage founders should leverage cold emails for validation, and as their first distribution channel. And what would it do for you? Update: lots of DM asking about more specifics so I wrote about it here. https://coldstartblueprint.com/p/ai-agent-email-list-building

5 AI Free Tools for Entrepreneurs (Beginners)

These are the AI tools that I use and that may be useful to other entrepreneurs in the early stages of a project. Plani. AI \- Planning tool that gives you marketing, sales and other plans with personalized tips and strategies for your business. (Management) Journalist. AI \- Tool for generating complete and highly humanized blog articles. (Engagement) Opus Clip \- This tool cuts youtube videos into vertical videos ready to publish on social media. (Acquisition) Success. ai \- Email marketing tool that gives you cold email strategies (Leads) Venturefy. ai \- A verified public B2B relationship wiki that provide a public wiki of verified B2B relationships What other AI tools do you suggest for budding entrepreneurs?

Made $19.2k this month, and just surpassed $1000 the last 24 hours. What I did and what's next.

It's the first time I hit $1000+ in 24 hours and I had no one to share it with (except you guys). I'm quite proud of my journey, and I would have thought that making $1000 in a day would make me ecstatic, but actually it's not the case. Not sure if it's because my revenue has grown by increment step so I had time to "prepare" myself to achieve this at one point, or just that I'm nowhere near my goal of 100k/month so that I'm not that affected by it. But it's crazy to think that my goal was to make 100$ daily at the end of 2024. So for those who don't know me (I guess most of you), I build mobile apps and ship them as fast as I can. Most of them are in the AI space. I already made a post here on how I become a mobile app developer so you can check it for more details, but essentially here's what I did : Always loved creating my own things and solve problems Built multiple YouTube channels since I was 15 (mobile gaming actually) that all worked great (but it was too niche so not that scalable, didn't like that) Did a few businesses here and there (drop shopping, selling merch to school, etc) Finished my master's degree in engineering about 2 years ago Worked a moment in a famous watch industry company and saw my potential. The combo of health issues, fixed salary (although it was quite a lot), and me wanting to be an entrepreneur made me leave the company. Created a TikTok account in mobile tech (got 10+ million views the 1st 3 days), manage to grow it to 200k subs in about 3 months Got plenty of collabs for promoting mobile apps (between $500 - $2000 for a collab) Said fuck it I should do my own apps and market them on my TikTok instead of doing collabs Me wanting to build my own apps happened around May-June 2023. Started my TikTok in Feb 2023. At this point I had already 150k+ subs on TikTok. You guys need to know that I suck at coding big time. During my studies I tried to limit as much as I could coding because I was a lazy bast*rd, even though I knew it would come to bite me in the ass one day. But an angel appeared to me in broad daylight, that angel was called GPT-4. I subscribed for 20$/month to get access, and instantly I saw the potential of AI and how much it could help me. Last year GPT-4 was ahead of its time and could already code me basic apps. I had already a mac so I just downloaded Xcode and that was it. My 1st app was a wallpaper app, and I kid you not 90% of it was made by AI. Yes sometimes I had to try again and again with different prompts but it was still so much faster compared to if I had to learn coding from scratch and write code with my own hands. The only thing I didn't do was implement the in app purchase, from which I find a guy on Fiverr to do it for me for 50$. After about 2 months of on-off coding, my first app was ready to be launched. So it was launched, had a great successful launch without doing any videos at that point (iOS 17 was released and my app was the first one alongside another one to offer live wallpapers for iOS 17. I knew that there was a huge app potential there when iOS 17 was released in beta as Apple changed their live wallpaper feature). I Then made a video a few weeks after on my mobile tiktok channel, made about 1 million views in 48 hours, brought me around 40k additional users. Was top 1 chart in graphism and design category for a few weeks (in France, as I'm French so my TikTok videos are in French). And was top 100 in that same category in 120+ countries. Made about 500$ ? Okay that was trash, but I had no idea to monetize the app correctly at that point. It was still a huge W to me and proved me that I could successfully launch apps. Then I learned ASO (App Store Optimization) in depth, searched on internet, followed mobile app developers on Twitter, checked YouTube videos, you name it. I was eager to learn more. I needed more. Then I just iterated, build my 2nd app in less than a month, my 3rd in 3 weeks and so on. I just build my 14th app in 3 days and is now in review. Everytime I manage to reuse some of my other app's code in my new one, which is why I can build them so much faster now. I know how to monetize my app better by checking out my competitors. I learn so much by just "spying" other apps. Funnily enough, I only made this one Tiktok video on my main account to promote my app. For all my other apps, I didn't do a single video where I showcase it, the downloads has only been thanks to ASO. I still use AI everyday. I'm still not good at coding (a bit better than when I started). I use AI to create my app icons (midjourney or the new AI model Flux which is great). I use figma + midjourney to create my App Store screenshots (and they actually look quite good). I use GPT-4o and Claude 3.5 Sonnet to code most of my apps features. I use gpt-4o to localize my app (if you want to optimize the number of downloads I strongly suggest localizing your app, it takes me about 10 minutes thanks to AI). Now what are my next goals ? To achieve the 100k/month I need to change my strategy a little. Right now the $20k/month comes from purely organic downloads, I didn't do any paid advertising. It will be hard for me to keep on launching new apps and rely on ASO to reach the 100k mark. The best bet to reach 100k is to collab with content creators and they create a viral video showcasing your app. Depending on the app it's not that easy, luckily some of my apps can be viral so I will need to find the right content creators. Second way is to try tiktok/meta ads, I can check (have checked) all the ads that have been made by my competitors (thank you EU), so what I would do is copy their ad concept and create similar ads than them. Some of them have millions in ad budget so I know they create high converting ads, so you don't need to try to create an ad creative from scratch. My only big fear is to get banned by Apple (for no reason of mine). In just a snap of a finger they can just ban you from the platform, that shit scares me. And you pretty much can't do anything. So that's about it for me. I'm quite proud of myself not going to lie. Have been battling so many health issues these past years where I just stay in bed all day I'm surprised to be able to make it work. Anyways feel free to ask questions. I hope it was interesting for some of you at least. PS: My new app was just approved by app review, let the app gods favor me and bring me many downloads ! Also forgot to talk about a potential $100k+ acquisition of one of my apps, but if that ever happens I'll make a post on it.

AI Will Make You Extremely Rich or Kill Your Business in 2024

Preface: I'm a solo-founder in the AI space and previously worked as an ML scientist; the new advancements in AI that I'm seeing are going to impact everyone here. It doesn't matter if you're just starting out, or a bootstrapped brick and mortar founder, or even a VC backed hard tech founder. Last year was when the seeds were laid, and this is the year we'll see them bloom. There will be an onslaught of advancements that take place that are borderline inconceivable due to the nature of exponential progress. This will change every single vertical. I'm making this post because I think AI execution strategy will make or break businesses. Dramatically. Over $50B was put into AI startups in 2023 alone. This figure excludes the hundreds of billions poured into AI from enterprises. So, let's follow the money: &#x200B; 1) AI enterprise software. There's a lot to unpack here and this is what I’m currently working on. AI enterprise software will encompass everything from hyper personalized email outbound to AI cold calls to AI that A/B tests ads on synthetic data to vertical specific software. The impact of the former is relatively self explanatory, so I'll focus on the latter. To illustrate vertical specific AI software, I'll use a simple example in the legal space. Lawyers typically have to comb through thousands of pages of documents. Now, using an LLM + a VDB, an AI can instantly answer all of those questions while surfacing the source and highlighting the specific answer in the contract/document. There are dozens of AI startups for this use case alone. This saves lawyers an immense amount of time and allows them to move faster. Firms that adopt this have a fundamental advantage over law firms that don't adopt this. This was 2023 technology. I'm seeing vertical AI software getting built by my friends in areas from construction, to real estate, to even niche areas like chimney manufacturing. This will exist everywhere. Now, this can be extrapolated much further to be applicable to systems that can do reports and even browse the Internet. This brings me to my next point. &#x200B; 2) AI information aggregation and spread. My gut tells me that this will have a crescendo moment in the future with hardware advancements (Rabbit, Tab, etc.). You won't have to google things because it will be surfaced to you. It's predictive in nature. The people who can get information the fastest will grow their business the fastest. This part is semi-speculative, but due to the nature of LLMs being so expensive to train, I have a strong feeling that large institutions will have access to the \fastest\ and \best\ models that can do this quicker than you and I can. This is why it's important to stay on top. &#x200B; 3) AI content generation This is relevant to running advertisements and any digital marketing aspect of your business. If you can rapidly make content faster than your competitors to put in social media, you will outpace your competitors rapidly. I think most folks are familiar with MidJourney, Stable diffusion, etc. but don't know how to use it. You can generate consistent models for a clothing brand or generate images of a product that you would normally need to hire a professional photographer to take. There's also elevenlabs which is relatively easy to use and can be used to make an MP3 clip as a narration for an ad; this is something I've already done. I'm also still shocked by how many people are unfamiliar with tools like Pika which can do video generation. You could imagine companies having fleets of digital influencers that they control or conjuring up the perfect ad for a specific demographic using a combination of all of the aforementioned tools. &#x200B; In summary, if you feel like I'm being hyperbolic or propagating science fiction fantasies, you're likely already behind. I truly recommend that everyone stays up to date on these advancements as much as possible. If your competitor comes across an AI tool that can increase their ROAS by 5x they can crush you. If your competitor uses a tool that increases the rate at which they receive and aggregate information by 200% (modest estimate) they will crush you. If your competitors have a tool that can reduce their employee size, then they will use it. They'll fire their employees to cut costs and reinvest the money back into their business. It will compound to the point where you're outpaced, and this isn't a level of innovation we've seen since the birth of the industrial revolution. Your customers can get stolen overnight, or you can steal your competition’s customers overnight. TL;DR: This is an opportunity for entrepreneurs to scale faster than they could have possibly imagined, but this also comes with the potential for your company to be obliterated. We've never seen advancements that can have this drastic of an impact this quickly. Adoption will happen fast, and first movers will have a disproportionate and compounding advantage. Watch guides, meet with startups, follow the news, and get rich.

Looking for Input: Help Shape an AI-Powered Mentor for Entrepreneurs 🚀

As a young boy I always had the wish or the want to create something or become a founder of company that shares my values and I can give back to the community. If I would ask my father for some advice he just would give me the oldschool answer of "just go to school and work hard, don't bother yourself with such thing. As much I love my father and I know he meant the best for me when saying that (he is still my rolemodel and i hope i will become like him one day). Therefore I wished i had a real, grounded guidance on my entrepreneurial journey—someone who could offer genuine advice, not just another course making sky-high promises. That’s when I thought of a digital Mentor. It would be a digital mentor and companion, guiding users through entrepreneurship and self-development. It would get to know each user, tailor advice to their personal goals, and offer practical steps for growth. For people like me, this could mean the difference between mere ambition and lasting success. I would love to hear your thoughts about my idea and if you had similar experience along you entrepreneurial journey and what you would have wanted to get as a advice. 😊😊 I would post a form in the comments, if you could fill it out, would help me a lot! thanks ❤️

How I went from $27 to $3K as a solopreneur still in a 9-5

My journey started back in November 2023. I was scrolling through Twitter and YouTube and saw a word that I had never come across before. Solopreneur. The word caught my eye. Mainly because I was pretty sure I knew what it meant even though it's not a word you'll find in the dictionary. I liked what it was describing. A solo entrepreneur. A one man business. It completely resonated with me. As a software engineer by trade I'm used to working alone, especially since the pandemic hit and we were forced to work remotely. See, I always wanted to ditch the 9-5 thing but thought that was too big and too scary for a single person to do. Surely you would need a lot of money to get started, right? Surely you would need investors? The whole concept seemed impossible to me. That was until I found all the success stories. I became obsessed with the concept of solopreneurship. As I went further down the rabbit hole I found people like Justin Welsh, Kieran Drew and Marc Louvion to name a few. All of whom have one person businesses making huge money every year. So I thought, if they can do it, why can't I? People like this have cleared the pathway for those looking to escape the 9-5 grind. I decided 2024 would be the year I try this out. My main goal for the year? Build a one man business, earn my first $ online and learn a sh\*t ton along the way. My main goal in general? Build my business to $100K per year, quit my 9-5 and live with freedom. From December 2023 to February 2024 I began brainstorming ideas. I was like a lost puppy looking for his ball. How on earth did people find good ideas? I began writing everything and anything that came to mind down in my notes app on my phone. By February I would have approximately 70 ideas. Each as weird and whacky as the other. I was skeptical though. If I went through all the trouble of building a product for one of these ideas how would I know if anyone would even be interested in using it? I got scared and took a break for a week. All these ideas seemed too big and the chance that they would take off into the atmosphere was slim (in my mind anyways). I was learning more and more about solopreneurship as the weeks went on so I decided to build a product centered around everything I was learning about. The idea was simple. Enter a business idea and use AI to give the user details about how to market it, who their target customers were, what to write on their landing page, etc. All for a measly $27 per use. I quickly built it and launched on March 3rd 2024. I posted about it on Indie Hackers, Reddit and Hacker News. I was so excited about the prospect of earning my first internet $! Surely everyone wanted to use my product! Nope...all I got was crickets. I was quickly brought back down to earth. That was until 5 days later. I looked at my phone and had a new Stripe notification! Cha-ching! My first internet $. What a feeling! That was goal number 1 complete. It would be another 6 days before I would get my second sale...and then another 15 days to get my third. It was an emotional rollercoaster. I went from feeling like quitting the 9-5 was actually possible to thinking that maybe the ups and downs aren't worth it. On one hand I had made my first internet dollar so I should my ecstatic, and don't get me wrong, I was but I wanted more. More validation that I could do this long term. By May I was starting to give up on the product. I had learned so much in the past few months about marketing, SEO, building an audience, etc. and I wanted to build something that I thought could have more success so I focused on one critical thing that I had learned about. What was it? Building a product that had SEO potential. A product that I knew hundreds of people were looking for. See this was my thinking - If I could find a keyword that people were searching for on Google hundreds/thousands of times every month and it was easy to rank high on search engines then I would go all in (in SEO land this equates to a Keyword that has a Keyword Difficulty of = 500). I began researching and found that the keyword "micro saas ideas" was being searched for around 600 times each month. Micro Saas was something that really interested me. It was perfect for solopreneurs. Small software products that 1 person could build. What's not to like if you're in the game of software and solopreneurship? Researching keywords like this became like a game for me. I was hooked. I was doing it every day, finding gems that were being searched for hundreds and thousands of times every month that still had potential. That's when I came up with my next product idea. I decided to create a database of Micro Saas Ideas all with this sort of SEO potential. See if you can build a product that you know people are looking for then that's all the validation you need. So I put this theory to the test. I created a database of Micro Saas Ideas with SEO Potential and launched it in June 2024. This time it was different. I made $700 in the first week of launching. A large contrast to my previous failed attempt at becoming the worlds greatest solopreneur. Since launch I have grown the product to $3K and I couldn't be happier. I know what you're saying, $3K isn't a lot. But it's validation. It's validation that I can earn $ online. Validation that I can grow a business and it gives me hope that one day I'll be able to quit that 9-5 grind. My plan is to keep growing the business. I expect there to be a few challenges up ahead but I'll tackle them as I go and learn from the failures and successes. I have a newsletter where I share Micro Saas Ideas with SEO potential every week which I'll leave below in the first comment. Feel free to come along for the ride. If not I hope this post brings you some value If you're thinking about starting as a solopreneur, stop thinking and start doing, you won't regret it.

I have reviewed over 900+ AI Tools for my directory. Here are some of the best ones I have seen for entrepreneurs and startups.

As one of the co-founders at AI Scout, a platform for AI discovery, I've had the privilege (and challenge) of reviewing over 900 AI tools submitted to our directory. I've filtered these down to some of the top AI tools that I believe could bring value to startups and entrepreneurs. It's worth noting that while these tools are great right out the box, the power of AI is truly realized when these tools are used in tandem and strategically aligned with your business needs. The challenge most people face is not about the lack of AI tools available, but the difficulty in finding the right one that fits their specific needs and workflows. Without further ado, here's my top pick of AI tools you should consider looking into if you are an entrepreneur or run a startup. Chatbase - Custom ChatGPT (Trained on Your Own Data) Taking a step up from traditional support bots, Chatbase combines the power of GPT and your own knowledge base. The result is a ChatGPT-like chatbot that is trained on your own websites and documents. You can embed the chatbot into your own website via an iframe or script in the header of your website code. They also have an API you can take advantage of. We use this personally at AI Scout for ScoutBud (AI assistant to find AI tools), which we trained based on our directory site. It would also work great if you have extensive documentation, papers, etc. that you want to quickly reference by simply asking a chatbot for the info you need instead of having to go through dozens of PDFs. Reply - AI-Powered Sales Engagement Platform Great AI tool to manage your entire sales engagement cycle. They have a large database with about a dozen filters to discover optimal B2B leads. From here, you can use their GPT integration to generate cold emails as well as handle responses and meeting scheduling. What I like personally about Reply are the endless integrations available, including Gmail, Outlook, Zoho, and major social platforms such as Twitter and LinkedIn. Instapage - AI Landing Page Generation, Testing, and Personalization This AI tool allows users to generate content variations for landing pages including headlines, paragraphs, and CTAs based on the target audience. You can also conduct A/B testing for more effective and efficient campaigns. Paired with hundreds of professional and cutomizable layouts, Instapage is definitely something I would recommend for entrepreneurs who want to get a high-converting landing page set up quickly and effectively. SaneBox - AI Emails Management If you feel overwhelmed by the sheer volume of emails you receive like myself and many entrepreneurs, this could be something for you. SaneBox’s AI identifies important emails and declutters your inbox, helping you to stay focused on what truly matters. SocialBee - AI Social Media Manager Think of SocialBee as your all-in-one social media command center, powered by AI. You can manage multiple social media accounts from one platform and generate captions with AI as well. SocialBee not only allows you to schedule posts but also helps you analyze growth and engagement with detailed reports. Works well with all social media platforms, including Facebook, Twitter, Instagram, and Linkedin. I believe they also have integrations for TikTok and YouTube, although I haven't tried these personally. MeetGeek - AI Meeting Assistant Lifesaver if you attend a lot of meetings or calls. Great for transcribing, summarizing, and sharing key insights from meetings. The AI also creates meeting highlights, which I've personally fouund quite useful if you ever need to get a very quick and dirty overview of what happened in a call. It also provides analysis (including sentiment evaluation) for meetings. Taskade - AI Productivity Tool for Task Management An all-in-one AI productivity tool. Multiple AI features available, including a chatbot, writing assistant, and workflow creator. It's a great all-around tool for real-time collaboration and efficient task management. Scribe AI (ScribeHow) - AI Documentation Generator Great for any SaaS applications where you need to create resources/documentations/guides for your app. You simply record your process and Scribe generates a written guide for you. Remember, while AI is an excellent assistant, it's also just a tool. The ultimate success of your venture depends on how effectively you leverage these tools. Happy experimenting!

Changing Careers, changing products? Age 38, Direction needed, investment advice too.

Hello, At one point in my life I had a set plan that I had been following in which to design a life that fit my values, but during 2020 the viability was called into question and I have been on bad footing, unable to find stability, since. Though I currently have stable housing without roommate, and enough in savings for a year without any income and three more years in a mutual fund. The question I need help with is about utilizing approximately $40,000 that I would like to invest into a new or existing business venture, or possibly start investing my own hand in selecting stocks. To give context about the parameters of concepts that pertain to me, back in 2005 I graduated highschool and immediately was an entrepreneur, started a sports clothing company, was selling WoW bot accounts, ghillie suits on ebay, and graphic design commissions, and I was proficient in MX Flash. Although the first part of my life plan to start farming three years before 2012 for what I thought would be a peak oil economic collapse, and while watching 2008 unfold, along with my career in MX Flash falling flat, I started farming 2009. From that point I spent a total of 15 years farming, the majority of that was for my own LLC, where I was situated with leases on million dollar properties as Ag tax write off, on an elite island outside a major city, serving local high price wholesale, mainly salad mix and mushrooms, because they are fast turn around. That was truly the best 20s I could have asked for, working mainly for myself, very healthy and was putting away $10-20k in savings/investments per year, plus was earning about $3-5k more per year, while living in a cargo trailer on dirt cheap leases. But it all came to a slow end starting in 2020 when I lost all of my wholesale overnight, and my retail exploded, which burnt me out to the point I couldnt walk, as the sole worker in my LLC. So I do not fully trust the volatility of the wholesale food industry, from a small grower’s perspective, since i don't own land. SO now I am trying to figure out a way forward, because I can always farm in the future, and have taught myself hydroponics, and flat packed farm equipment, so my business is very agile and now I can grow in parking lots closer to the city for more sales opportunities, but I am not sure that is what I want to do in this current moment, because tech is exploding, and we have never had so much information available to us, it's a shame not to spend a moment in life to discover what new opportunities might be out there. I was laid off twice last year, so I've been out of work the past four months, doing thriftstore routes twice a week while making about $500+/wk, really just trying to understand what people still buy and break even, while I continue to study 3d design blender, as well as 2d digital art in the hopes that I can reconnect with my tech art past, because that is what I told myself when I was 18, that I would put off art and computers until I was past 30 and needed to do less with my body. But over the past three years, the better I get at digital art, the better Ai has been getting too. I have some mentors who might give me work and a foot in the door, but most of them are laid off, and scrounging for work if they are not on their own funded indie project. I've thought about continuing to learn 3d modeling despite Ai, and despite seeing Flash, computer program I was proficient in get removed from existence before I could really earn my money back. I assume there will always be a need for Ai models to get cleaned up, mapped and rigged, especially with AR technology coming to consumers soon, but more over it would help if I decided to go to a community college to do CNC certificates, so I can have that as a backup job on CAD at a machining warehouse and do my farm and digital art on the side, but CNC mechanics don't make a crazy amount of money and have a boss. BUT I am an inventor, and have two inventions so far, plus my ultimate goal is to one day have automated hydroponic greenhouses, using all CNC+3d printed parts to create a low time investment agriculture income, with Ai monitored greenhouse, seed to salad product that i can sell to other people, which would tie into my desire to teach people about farming too, as well as do something I enjoy, but it is not a proven concept yet. Anyways if you've read this far I appreciate it, I ultimately would like 3rd party feedback about how I should spend my $40k surplus cash. I originally had it saved and accessible in case I was going to lease land and start my full farm business again from scratch, but I think using the equipment and space I have, and exploring non-perishable products is a smart move for me right now. Should I invest in inventory of products to arbitrage online? Should I invest in the top index funds? Should I buy Silver? Should I invest in inventory of a new product line? Should I spend some money insuring and equipment for a landscaping company? I want to future proof myself the best I can as Ai unfolds, I am pretty set with an income for the rest of my life as long as I can grow food and sell it, but there are currently so many changing opportunities, I want to cast out my net and see what works with my temperment. I’ve thought about getting into cyber security, or maybe be an electrician, or less staple jobs like Landscape Architech (can use art/modeling) and CNC engineer/modeler, but honestly I prefer to make a product and sell it without client service related interaction, and particularly no boss. Thank you for reading

Detailed Guide - How I've Been Self Employed for 2 Years Selling Posters

Hey everyone, bit of context before you read through this. I have been selling POD posters full time for over 2 years now. My next venture is that I have started my own Print on Demand company for posters, PrintShrimp. As one way of creating customers for our service, we are teaching people for free how to also sell posters. Here is a guide I have written on how to sell posters on Etsy. Feel free to have a read through and then check out PrintShrimp, hopefully can help some of you guys out (and get us some more customers!) All of this is also available in video format on our website too, if you prefer to learn that way. Thanks guys! And as some people asked in other subs, no this isn't written with AI 😅 This took a couple of weeks to put together! Through this guide, we will teach you everything you need to know about starting to sell posters and generate some income. We will also show you why PrintShrimp is the best POD supplier for all of your poster needs. Trust me, you won’t need much convincing.  So, why are posters the best product to sell? Also, just thought I’d quickly answer the question - why posters? If you’ve been researching Print on Demand you’ve probably come across the infinite options of t-shirts, mugs, hats, phone cases, and more. All of these are viable options, however we think posters are the perfect place to start. You can always expand into other areas further down the line! So a brief summary of why posters are the perfect product for Print on Demand: \-They are very easy to design! Posters are a very easy shape to deal with - can’t go wrong with a rectangle. This makes designing products very easy. \-Similarly to this, what you see is what you get with a poster. You can literally see your finished product as you design it in either canva or photoshop. With T-Shirts for example, you have to make your design, and then place it on a t-shirt. Then you have to coordinate with your printers the size you would like the design on the tshirt and many other variables like that. There is no messing about with posters - what you see is what you get. \-The same high quality, everywhere. With other products, if you want to reap the benefits of a printing in various countries, you need to ensure each of your global suppliers stocks the same t-shirts, is able to print in the same way, carries the same sizes etc. Again with posters you avoid all of this hassle- your products will come out the same, no matter which of our global locations are used. \-They have a very favorable profit margin. As you will see later, the cost price of posters is very low. And people are prepared to pay quite a lot for a decent bit of wall art! I have tried out other products, and the profit margin combined with the order quantity of posters makes them my most profitable product, every single time. Using PrintShrimp, you can be sure to enjoy profits of anywhere between £6 - £40 pure profit per sale.  \-They are one of the easiest to print white label. This makes them perfect for Print on Demand. Your posters are simply put in a tube, and off they go. There are no extras you need to faff around with, compared to the extra elements other products come with, such as clothing labels on t-shirts.  Picking your poster niche So, you are ready to start selling posters. Great! Now, the blessing and curse with selling posters is that there are infinite possibilities regarding what you can sell. So, it can easily be quite overwhelming at first.  The first thing I would recommend doing is having a look at what others are selling. Etsy is a wonderful place for this (and will likely be a key part of your poster selling journey). So, log on to Etsy and simply type in ‘poster’ in the search bar. Get ready to write a massive list of the broad categories and type of posters that people are selling.  If you do not have more than 50 categories written down by the end, you are doing something wrong. There are seriously an infinite amount of posters! For example, here are some popular ones to get you started: Star sign posters, Kitchen posters, World map posters, Custom Dog Portrait posters, Music posters, Movie posters, Fine art posters, Skiing posters, Girl Power posters and Football posters.  Now, you have a huge list of potential products to sell. What next? There are a few important things you need to bear in mind when picking your niche: \-Does this interest me?  Don’t make the mistake of going down a niche that didn’t actually interest you just because it would probably be a money maker. Before you know it, what can be a very fun process of making designs can become incredibly \\\monotonous, and feel like a chore\\\. You need to bear in mind that you will be spending a lot of time creating designs - if it is something you are interested in you are much less likely to get burnt out! As well, \\\creativity will flow\\\ far better if it is something you are interested in, which at the end of the day will lead to better designs that are more likely to be purchased by customers.  \-Is this within my design range? Don’t let this put you off too much. We will go through how to get started on design later on in this guide. However, it is important to note that the plain truth of it is that some niches and designs are a hell of a lot more complicated than others. For example, quote posters can essentially be designed by anyone when you learn about how to put nice fonts together in a good color scheme. On the other hand, some posters you see may have been designed with complex illustrations in a program like Illustrator. To start with, it may be better to pick a niche that seems a bit more simple to get into, as you can always expand your range with other stores further down the line. A good way of evaluating the design complexity is by identifying if this poster is \\\a lot of elements put together\\\ or is \\\a lot of elements created by the designer themselves\\\\\.\\ Design can in a lot of cases be like a jigsaw - putting colours, shapes and text together to create an image. This will be a lot easier to start with and can be learnt by anyone, compared to complex drawings and illustrations.  \-Is this niche subject to copyright issues? Time to delve deep into good old copyright. Now, when you go through Etsy, you will without a doubt see hundreds of sellers selling music album posters, car posters, movie posters and more. Obviously, these posters contain the property of musicians, companies and more and are therefore copyrighted. The annoying thing is - these are \\\a complete cash cow.\\\ If you go down the music poster route, I will honestly be surprised if you \\don’t\\ make thousands. However it is only a matter of time before the copyright strikes start rolling in and you eventually get banned from Etsy.  So I would highly recommend \\\not making this mistake\\\. Etsy is an incredible platform for selling posters, and it is a hell of a lot easier to make sales on there compared to advertising your own website. And, you \\\only get one chance on Etsy.\\\ Once you have been banned once, you are not allowed to sign up again (and they do ID checks - so you won’t be able to rejoin again under your own name).  So, don’t be shortsighted when it comes to entering Print on Demand. If you keep your designs legitimate, they will last you a lifetime and you will then later be able to crosspost them to other platforms, again without the worry of ever getting shut down.  So, how do I actually design posters? Now you have an idea of what kind of posters you want to be making, it’s time to get creative and make some designs! Photoshop (and the creative cloud in general) is probably the best for this. However, when starting out it can be a scary investment (it costs about £30 a month unless you can get a student rate!).  So, while Photoshop is preferable in the long term, when starting out you can learn the ropes of design and get going with Canva. This can be great at the start as they have a load of templates that you can use to get used to designing and experimenting (while it might be tempting to slightly modify these and sell them - this will be quite saturated on places like Etsy so we would recommend doing something new).  What size format should I use? The best design format to start with is arguably the A sizes - as all the A sizes (A5, A4, A3, A2, A1, A0) are scalable. This means that you can make all of your designs in one size, for example A3, and these designs will be ready to fit to all other A sizes. For example, if you design an A3 poster and someone orders A1, you can just upload this A3 file to PrintShrimp and it will be ready to print. There is a wide range of other sizes you should consider offering on your shop, especially as these sizes are very popular with the American market. They have a wide range of popular options, which unfortunately aren’t all scalable with each other. This does mean that you will therefore have to make some slight modifications to your design in order to be able to offer them in American sizing, in a few different aspect ratios. What you can do however is design all of your products in UK sizing, and simply redesign to fit American sizing once you have had an order. Essentially: design in UK sizing, but list in both UK and US sizing. Then when you get a non-A size order, you can quickly redesign it on demand. This means that you don’t have to make a few different versions of each poster when first designing, and can simply do a quick redesign for US sizing when you need to. Below is PrintShrimps standard size offering. We can also offer any custom sizing too, so please get in touch if you are looking for anything else. With these sizes, your poster orders will be dispatched domestically in whatever country your customer orders from. Our recommendations for starting design One thing that will not be featured in this guide is a written out explanation or guide on how to design. Honestly, I can’t think of a more boring, or frankly worse, way to learn design. When it comes to getting started, experimenting is your best friend! Just have a play around and see what you can do. It is a really fun thing to get started with, and the satisfaction of when a poster design comes together is like no other. A good way to start is honestly by straight up copying a poster you see for sale online. And we don’t mean copying to sell! But just trying to replicate other designs is a great way to get a feel for it and what you can do. We really think you will be surprised at how easy it is to pull together a lot of designs that at first can appear quite complicated! Your best friend throughout this whole process will be google. At the start you will not really know how to do anything - but learning how to look into things you want to know about design is all part of the process. At first, it can be quite hard to even know how to search for what you are trying to do, but this will come with time (we promise). Learning how to google is a skill that you will learn throughout this process.  Above all, what we think is most important is this golden rule: take inspiration but do not steal. You want to be selling similar products in your niche, but not copies. You need to see what is selling in your niche and get ideas from that, but if you make designs too similar to ones already available, you won’t have much luck. At the end of the day, if two very similar posters are for sale and one shop has 1000 reviews and your newer one has 2, which one is the customer going to buy? You need to make yours offer something different and stand out enough to attract customers. Etsy SEO and maximizing your sales You may have noticed in this guide we have mentioned Etsy quite a few times! That is because we think it is hands down the best place to start selling posters. Why? Etsy is a go to place for many looking to decorate their homes and also to buy gifts. It might be tempting to start selling with your own website straight away, however we recommend Etsy as it brings the customers to you. For example, say you start selling Bathroom Posters. It is going to be a hell of a lot easier to convert sales when you already have customers being shown your page after searching ‘bathroom decor’, compared to advertising your own website. This is especially true as it can be hard to identify your ideal target audience to then advertise to via Meta (Facebook/Instagram) for example. Websites are a great avenue to explore eventually like I now have, but we recommend starting with Etsy and going from there. What costs do I need to be aware of? So, setting up an Etsy sellers account is currently costs £15. The only other upfront cost you will have is the cost of listing a product - this is 20 cents per listing. From then on, every time you make a sale you will be charged a transaction fee of 6.5%, a small payment processing fee, plus another 20 cents for a renewed listing fee. It normally works out to about 10% of each order, a small price to pay for all the benefits Etsy brings. No matter what platform you sell on, you will be faced with some form of transaction fee. Etsy is actually quite reasonable especially as they do not charge you to use their platform on a monthly basis.  What do I need to get selling? Getting your shop looking pretty \-Think of a shop name and design (now you are a professional designer) a logo \-Design a banner for the top of your shop \-Add in some about me info/shop announcement \-I recommend running a sale wherein orders of 3+ items get a 20% of discount. Another big benefit of PrintShrimp is that you receive large discounts when ordering multiple posters. This is great for attracting buyers and larger orders.  Making your products look attractive That is the bulk of the ‘decor’ you will need to do. Next up is placing your posters in mock ups! As you may notice on Etsy, most shops show their posters framed and hanging on walls. These are 99% of the time not real photos, but digital mock ups. This is where Photoshop comes in really handy, as you can automate this process through a plug in called Bulk Mock Up. If you don’t have photoshop, you can do this on Canva, you will just have to do it manually which can be rather time consuming.  Now, where can you get the actual Mock Ups? One platform we highly recommend for design in general is platforms like Envato Elements. These are design marketplaces where you have access to millions of design resources that you are fully licensed to use!  Titles, tags, and descriptions  Now for the slightly more nitty gritty part. You could have the world's most amazing looking poster, however, if you do not get the Etsy SEO right, no one is going to see it! We will take you through creating a new Etsy listing field by field so you can know how to best list your products.  The key to Etsy listing optimisation is to maximise. Literally cram in as many key words as you possibly can! Before you start this process, create a word map of anything you can think of relating to your listing. And come at this from the point of view of, if I was looking for a poster like mine, what would I search? Titles \-Here you are blessed with 140 characters to title your listing. Essentially, start off with a concise way of properly describing your poster. And then afterwards, add in as many key words as you can! Here is an example of the title of a well selling Skiing poster: Les Arcs Skiing Poster, Les Arcs Print, Les Alpes, France Ski Poster, Skiing Poster, Snowboarding Poster, Ski Resort Poster Holiday, French This is 139 characters out of 140 - you should try and maximise this as much as possible! As you can see, this crams in a lot of key words and search terms both related to Skiing as a whole, the poster category, and then the specifics of the poster itself (Les Arcs resort in France). Bear in mind that if you are listing a lot of listings that are of the same theme, you won’t have to spend time creating an entirely new title. For example if your next poster was of a ski resort in Italy, you can copy this one over and just swap out the specifics. For example change “France ski poster” to “Italy ski poster”, change “Les Arcs” to “The Dolomites”, etc.  Description \-Same logic applies for descriptions - try and cram in as many key words as you can! Here is an example for a Formula One poster: George Russell, Mercedes Formula One Poster  - item specific keywords Bright, modern and vibrant poster to liven up your home.  - Describes the style of the poster All posters are printed on high quality, museum grade 200gsm poster paper. Suitable for framing and frames. - Shows the quality of the print. Mentions frames whilst showing it comes unframed Experience the thrill of the racetrack with this stunning Formula One poster. Printed on high-quality paper, this racing car wall art print features a dynamic image of a Formula One car in action, perfect for adding a touch of speed and excitement to any motorsports room or man cave. Whether you're a die-hard fan or simply appreciate the adrenaline of high-speed racing, this poster is sure to impress. Available in a range of sizes, it makes a great addition to your home or office, or as a gift for a fellow Formula One enthusiast. Each poster is carefully packaged to ensure safe delivery, so you can enjoy your new piece of art as soon as possible. - A nice bit of text really highlighting a lot of key words such as gift, motorsports, racetrack etc.  You could go further with this too, by adding in extra things related to the poster such as ‘Perfect gift for a Mercedes F1 fan’ etc.  Tags Now, these are actually probably the most important part of your listing! You get 13 tags (20 character limit for each) and there are essentially search terms that will match your listing with what customers search for when shopping.  You really need to maximize these - whilst Title and Description play a part, these are the main things that will bring buyers to your listing. Once again, it is important to think about what customers are likely to be searching when looking for a poster similar to yours. Life hack alert! You can actually see what tags other sellers are using. All you need to do is go to a listing similar to yours that is selling well, scroll down and you can actually see them listed out at the bottom of the page! Here is an example of what this may look like: So, go through a few listings of competitors and make notes on common denominators that you can integrate into your listing. As you can see here, this seller uses tags such as ‘Birthday Gift’ and ‘Poster Print’. When you first start out, you may be better off swapping these out for more listing specific tags. This seller has been on Etsy for a few years however and has 15,000+ sales, so are more likely to see success from these tags.  If it’s not clear why, think about it this way. If you searched ‘poster print’ on Etsy today, there will be 10s of thousands of results. However, if you searched ‘Russell Mercedes Poster’, you will (as of writing) get 336 results. Etsy is far more likely to push your product to the top of the latter tag, against 300 other listings, rather than the top of ‘Poster Print’ where it is incredibly competitive. It is only when you are a more successful shop pulling in a high quantity of orders that these larger and more generic tags will work for you, as Etsy has more trust in your shop and will be more likely to push you to the front.  SKUs \-One important thing you need to do is add SKUs to all of your products! This is worth doing at the start as it will make your life so much easier when it comes to making sales and using PrintShrimp further down the line. What is an SKU? It is a ‘stock keeping unit’, and is essentially just a product identifier. Your SKUs need to match your file name that you upload to PrintShrimp. For example, if you made a poster about the eiffel tower, you can literally name the SKU eiffel-tower. There is no need to complicate things! As long as your file name (as in the image name of your poster on your computer) matches your SKU, you will be good to go.  \-It may be more beneficial to set up a system with unique identifiers, to make organising your files a lot easier further down the line. Say you get to 1000 posters eventually, you’ll want to be able to quickly search a code, and also ensure every SKU is always unique, so you won’t run into accidentally using the same SKU twice further down the line. For example, you can set it up so at the start of each file name, you have \[unique id\]\[info\], so your files will look like -  A1eiffeltower A2france And further down the line: A99aperolspritz B1potatoart This not only removes the potential issue of duplicating SKUs accidentally (for example if you made a few posters of the same subject), but also keeps your files well organised. If you need to find a file, you can search your files according to the code, so just by searching ‘a1’ for example, rather than having to trawl through a load of different files until you find the correct one. \-If your poster has variations, for example color variations, you can set a different SKU for each variation. Just click the little box when setting up variations that says ‘SKUs vary for each (variation)’. So if you have a poster available either in a white or black background, you can name each file, and therefore each SKU, a1eiffel-tower-black and a1eiffel-tower-white for example. \-The same goes for different sizes. As different American sizes have different aspect ratios, as mentioned above you may have to reformat some posters if you get a sale for one of these sizes. You can then add in the SKU to your listing once you have reformatted your poster. So for example if you sell a 16x20” version of the eiffel tower poster, you can name this file eiffel-tower-white-1620. Whilst this involves a little bit of set up, the time it saves you overall is massive!  Variations and Prices \-So, when selling posters there is a huge variety of sizes that you can offer, as mentioned previously. Non-negotiable is that you should be offering A5-A1. These will likely be your main sellers! Especially in the UK. It is also a good idea to offer inch sizing to appeal to a global audience (as bear in mind with PrintShrimp you will be able to print in multiple countries around the world!).  Below is a recommended pricing structure of what to charge on Etsy. Feel free to mess around with these! You may notice on Etsy that many shops charge a whole lot more for sizes such as A1, 24x36” etc. In my experience I prefer charging a lower rate to attract more sales, but there is validity in going for a lower amount of sales with higher profits. As mentioned above, you can also offer different variations on items - for example different colour schemes on posters. This is always a decent idea (if it suits the design) as it provides the customer with more options, which might help to convert the sale. You can always add this in later however if you want to keep it simple while you start! Setting up shipping profiles Etsy makes it very easy to set up different shipping rates for different countries. However, luckily with PrintShrimp you can offer free shipping to the majority of the major countries that are active on Etsy!  Using PrintShrimp means that your production costs are low enough in each domestic market to justify this. If you look on Etsy you can see there are many shops that post internationally to countries such as the US or Australia. Therefore, they often charge £8-10 in postage, and have a delivery time of 1-2 weeks. This really limits their customer base to their domestic market.  Using PrintShrimp avoids this and means you can offer free shipping (as we absorb the shipping cost in our prices) to the major markets of the UK, Australia, and USA (Europe coming soon!).  We also offer a 1 day processing time, unlike many POD poster suppliers. This means you can set your Etsy processing time to just one day, which combined with our quick shipping, means you will be one of the quickest on Etsy at sending out orders. This is obviously very attractive for customers, who are often very impatient with wanting their orders!  Getting the sales and extra tips \-Don’t list an insane amount of listings when you first get started. Etsy will be like ‘hang on a second’ if a brand new shop suddenly has 200 items in the first week. Warm up your account, and take things slow as you get going. We recommend 5 a day for the first week or so, and then you can start uploading more. You don’t want Etsy to flag your account for suspicious bot-like activity when you first get going.  \-It is very easy to copy listings when creating a new one. Simply select an old listing and press copy, and then you can just change the listing specific details to create a new one, rather than having to start from scratch. It can feel like a bit of a ball-ache setting up your first ever listing, but from then on you can just copy it over and just change the specifics.  \-Try and organize your listings into sections! This really helps the customer journey. Sometimes a customer will click onto your shop after seeing one of your listings, so it really helps if they can easily navigate your shop for what they are looking for. So, you now have a fully fledged Etsy shop. Well done! Time to start making £3,000 a month straight away right? Not quite. Please bear in mind, patience is key when starting out. If you started doing this because you are £10,000 in debt to the Albanian mafia and need to pay it off next week, you have come into this in the wrong frame of mind. If you have however started this to slowly build up a side hustle which hopefully one day become your full time gig, then winner winner chicken dinner.  Starting out on Etsy isn’t always easy. It takes time for your shop to build up trust! As I’ve said before, a buyer is far more likely to purchase from a shop with 1000s of reviews, than a brand new one with 0. But before you know it, you can become one of these shops! One thing you can do at the very start is to encourage your friends and family to buy your posters! This is a slightly naughty way of getting a few sales at the start, of course followed by a few glowing 5\* reviews. It really helps to give your shop this little boost at the start, so if this is something you can do then I recommend it.  Okay, so once you have a fully fledged shop with a decent amount of listings, you might be expecting the sales to start rolling in. And, if you are lucky, they indeed might. However, in my experience, you need to give your listings a little boost. So let us introduce you to: The wonderful world of Etsy ads Ads!! Oh no, that means money!! We imagine some of you more risk averse people are saying to yourself right now. And yes, it indeed does. But more often than not unfortunately you do have to spend money to make money.  Fortunately, in my experience anyway, Etsy ads do tend to work. This does however only apply if your products are actually good however, so if you’re back here after paying for ads for 2 months and are losing money at the same rate as your motivation, maybe go back to the start of this guide and pick another niche.  When you first start out, there are two main strategies.  Number 1: The Safer Option So, with PrintShrimp, you will essentially be making a minimum of £6 profit per order. With this in mind, I normally start a new shop with a safer strategy of advertising my products with a budget of $3-5 dollars a day. This then means that at the start, you only need to make 1 sale to break even, and anything above that is pure profit! This might not seem like the most dazzling proposition right now, but again please bear in mind that growth will be slow at the start. This means that you can gradually grow your shop, and therefore the trust that customers have in your shop, over time with a very small risk of ever actually losing money. Number 2: The Billy Big Balls Option If you were yawning while reading the first option, then this strategy may be for you. This will be better suited to those of you that are a bit more risk prone, and it also helps if you have a bit more cash to invest at the start. Through this strategy, you can essentially pay your way to the top of Etsy's rankings. For this, you’ll probably be looking at spending $20 a day on ads. So, this can really add up quickly and is definitely the riskier option. In my experience, the level of sales with this may not always match up to your spend every day. You may find that some days you rake in about 10 sales, and other days only one. But what this does mean is that as your listings get seen and purchased more, they will begin to rank higher in Etsy’s organic search rankings, at a much quicker rate than option one. This is the beauty of Etsy’s ads. You can pay to boost your products, but then results from this paid promotion feed into the organic ranking of your products. So you may find that you can splash the cash for a while at the start in order to race to the top, and then drop your ad spending later on when your products are already ranking well.  Sending your poster orders So, you’ve now done the hard bit. You have a running Etsy store, and essentially all you need to now on a daily basis is send out your orders and reply to customer messages! This is where it really becomes passive income.  \-Check out the PrintShrimp order portal. Simply sign up, and you can place individual orders through there. \-Bulk upload: We have an option to bulk upload your Esty orders via csv.  Seriously, when you are up and running with your first store, it is really as easy as that.  Once you have your first Etsy store up and running, you can think about expanding. There are many ways to expand your income. You can set up other Etsy stores, as long as the type of posters you are selling varies. You can look into setting up your own Shopify stores, and advertise them through Facebook, Instagram etc. Through this guide, we will teach you everything you need to know about starting to sell posters and generate some income. We will also show you why PrintShrimp is the best POD supplier for all of your poster needs. Trust me, you won’t need much convincing.

Ai C-Level team

I've been exploring ways to run a company where I'm essentially the only internal team member, relying entirely on a suite of specialized AIs for executive roles, supported occasionally by external consultants for niche expertise. My goal is to stay lean, agile, and highly creative, especially in a fashion / tech brand context. Essentially, I'm building an AI-driven C-Level team, or what I like to call a "C-Level AI Wallet." Here's what I'm thinking for the key executive roles I'd need to cover with AI: CEO AI – Responsible for overall strategy, decision-making, trend analysis, and guiding the company's vision. I'd probably lean on something advanced like Gemini, GPT-4, or similar models, fine-tuned with market-specific data. COO AI (Operations): I'd need tools that streamline and automate logistics, supply chain management, and day-to-day operations (think something along the lines of Zapier AI integrations or Make). CMO AI (Marketing & Content): For branding, content creation, digital marketing, and consumer insights, I'd use Jasper or Copy . ai, combined with predictive analytics tools like Google Vertex AI to understand trends better. Additionally, for generating engaging visual and multimedia content, tools like Midjourney, DALL·E, Adobe Firefly, and Runway ML would be perfect. CFO AI (Financial Management): For financial management, cash flow control, and investment decisions, I'd probably leverage AI tools like Bloomberg GPT, combined with AI-powered forecasting platforms. CHRO AI (Human Resources & Culture): Although the internal team is minimal (just myself!), I'd still rely on AI for tasks like project management, freelancer hiring, and performance tracking—tools like HireVue AI, Motion, or even Notion's AI could be beneficial here. CSO AI (Sustainability & Compliance): Since sustainability and ethical sourcing are critical, I'd integrate ESG-focused AI tools to ensure transparency and responsible sourcing. My idea is that, with the right AI tools seamlessly integrated, I can manage the strategic vision and creative direction personally, leveraging external consultants only when necessary. This setup would ideally allow me to operate as a one-person internal team supported by a robust "wallet" of AI executives. Has anyone tried a similar approach? What AI tools would you recommend for a truly lean, innovative brand structure? I'm very curious about your experiences or suggestions—let me know your thoughts!

This is why most of AI wrappers will die

We began building our AI product in public as a tool to help people quickly build online stores using AI during June of 2023. It was quite a hot AI time. The tool was using ChatGPT to create a fully-functinal eCommerce store with a demo products from Amazon. And we managed to get such impression among people so they started to share it with words: "Look, I made my own store in 20 seconds." We got about 2,000 users that way, mainly people telling their friends to try it out. We built a toy Back in 2023, this idea was exciting. It was great for getting people to talk about us and for getting random people to check us out. We burned \~2k$ on various API we used then with an expectations: people will start to pay. Nobody paid. It was a train called AI and we all were the passengers, but not all of us were able to understand how to monitize this and in reality most of AI wrappers have the lack of this. Most of AI wrappers would be eaten by a bigger players, other will be not able to proceed due to fact of investment. We had a few benefits: 1) We are developers with skills in design and a bit in marketing 2) We spent years in development of eCommerce products So to keep things going it was important to focus on: 1) Longer game, there is no quick wins, unfortunatelly or fortunatelly 2) Narrower niche and smaller auditory 3) Patience 4) Building network and product authority The road to actual product So to attract real users, we had to start solving a real problem for them, to offer them something valuable. We do this already 5 months since October. We made like 5 pivots... Today our product proposition "Marketsy allows busy people to own a business: a simple in management store of digital products as a source of income" So all AI thing right now is hidden under "busy", AI helps to automate the process, but not the primary thing in the product anymore. Even eCommerce SaaS market is huge and comeptition is hight. We are going to test this approach upcoming weeks, we believe it will be a right step. Anyway we are sure we will find the right proposition and our audience, one way or another. All the best to other product builders here!

[CASE STUDY] From 217/m to $2,836/m in 9 months - Sold for $59,000; I grow and monetise web traffic of 5, 6, 7 figures USD valued passive income content sites [AMA]

Hello Everyone (VERY LONG CASE STUDY AHEAD) - 355% return in 9 months Note: I own a 7-figures USD valued portfolio of 41+ content sites that generates 5-6 figures USD a month in passive income. This is my first time posting in this sub and my goal is to NOT share generic advice but precise numbers, data and highly refined processes so you can also get started with this business yourself or if you already have an existing business, drive huge traffic to it and scale it substantially (get more customers). I will use a case study to explain the whole process. As most of us are entrepreneurs here, explaining an actual project would be more meaningful. In this case study I used AI assisted content to grow an existing site from $217/m to $2,836/m in 9 months (NO BACKLINKS) and sold it for $59,000. ROI of 3 months: 355% Previous case studies (before I give an overview of the model) Amazon Affiliate Content Site: $371/m to $19,263/m in 14 MONTHS - $900K CASE STUDY \[AMA\] Affiliate Website from $267/m to $21,853/m in 19 months (CASE STUDY - Amazon?) \[AMA\] Amazon Affiliate Website from $0 to $7,786/month in 11 months Amazon Affiliate Site from $118/m to $3,103/m in 8 MONTHS (SOLD it for $62,000+) Note: You can check pinned posts on my profile. Do go through the comments as well as a lot of questions are answered in those. However, if you still have any questions, feel free to reach out. This is an \[AMA\]. Quick Overview of the Model Approach: High traffic, niche specific, informative content websites that monetise its traffic through highly automated methods like display ads and affiliate. The same model can be applied to existing businesses to drive traffic and get customers. Main idea: Make passive income in a highly automated way Easy to understand analogy You have real estate (here you have digital asset like a website) You get rental income (here you get ads and affiliate income with no physical hassle, in case you have a business like service, product etc. then you can get customers for that too but if not, it's alright) Real estate has value (this digital asset also has value that can be appreciated with less effort) Real estate can be sold (this can be sold too but faster) IMPORTANT NOTE: Search traffic is the BEST way to reach HUGE target audience and it's important when it comes to scaling. This essentially means that you can either monetise that via affiliate, display etc. or if you have a business then you can reach a bigger audience to scale. Overview of this website's valuation (then and now: Oct. 2022 and June 2023) Oct 2022: $217/m Valuation: $5,750.5 (26.5x) - set it the same as the multiple it was sold for June 2023: $2,836/m Traffic and revenue trend: growing fast Last 3 months avg: $2,223 Valuation now: $59,000 (26.5x) Description: The domain was registered in 2016, it grew and then the project was left unattended. I decided to grow it again using properly planned AI assisted content. Backlink profile: 500+ Referring domains (Ahrefs). Backlinks mean the sites linking back to you. This is important when it comes to ranking. Summary of Results of This Website - Before and After Note: If the terms seem technical, do not worry. I will explain them in detail later. Still if you have any questions. Feel free to comment or reach out. |Metric|Oct 2022|June 2023|Difference|Comments| |:-|:-|:-|:-|:-| |Articles|314|804|\+490|AI Assisted content published in 3 months| |Traffic|9,394|31,972|\+22,578|Organic| |Revenue|$217|$2,836|\+$2,619|Multiple sources| |RPM (revenue/1000 web traffic)|23.09|$88.7|\+$65.61|Result of Conversion rate optimisation (CRO). You make changes to the site for better conversions| |EEAT (expertise, experience, authority and trust of website)|2 main authors|8 authors|6|Tables, video ads and 11 other fixations| |CRO|Nothing|Tables, video ads |Tables, video ads and 11 other fixations || &#x200B; Month by Month Growth |Month|Revenue|Steps| |:-|:-|:-| |Sept 2022|NA|Content Plan| |Oct 2022|$217|Content Production| |Nov 2022|$243|Content production + EEAT authors| |Dec 2022|$320|Content production + EEAT authors| |Jan 2023|$400|Monitoring| |Feb 2023|$223|Content production + EEAT authors| |Mar 2023|$2,128|CRO & Fixations| |April 2023|$1,609|CRO & Fixations| |May 2023|$2,223|Content production + EEAT authors| |June 2023|$2,836|CRO and Fixations| |Total|$10,199|| &#x200B; What will I share Content plan and Website structure Content Writing Content Uploading, formatting and onsite SEO Faster indexing Conversion rate optimisation Guest Posting EEAT (Experience, Expertise, Authority, Trust) Costing ROI The plans moving forward with these sites &#x200B; Website Structure and Content Plan This is probably the most important important part of the whole process. The team spends around a month just to get this right. It's like defining the direction of the project. Description: Complete blueprint of the site's structure in terms of organisation of categories, subcategories and sorting of articles in each one of them. It also includes the essential pages. The sorted articles target main keyword, relevant entities and similar keywords. This has to be highly data driven and we look at over 100 variables just to get it right. It's like beating Google's algorithm to ensure you have a blueprint for a site that will rank. It needs to be done right. If there is a mistake, then even if you do everything right - it's not going to work out and after 8-16 months you will realise that everything went to waste. Process For this project, we had a niche selected already so we didn't need to do a lot of research pertaining to that. We also knew the topic since the website was already getting good traffic on that. We just validated from Ahrefs, SEMRUSH and manual analysis if it would be worth it to move forward with that topic. &#x200B; Find entities related to the topic: We used Ahrefs and InLinks to get an idea about the related entities (topics) to create a proper topical relevance. In order to be certain and have a better idea, we used ChatGPT to find relevant entities as well \> Ahrefs (tool): Enter main keyword in keywords explorer. Check the left pain for popular topics \> Inlinks (tool): Enter the main keyword, check the entity maps \> ChatGPT (tool): Ask it to list down the most important and relevant entities in order of their priority Based on this info, you can map out the most relevant topics that are semantically associated to your main topic Sorting the entities in topics (categories) and subtopics (subcategories): Based on the information above, cluster them properly. The most relevant ones must be grouped together. Each group must be sorted into its relevant category. \> Example: Site about cycling. \> Categories/entities: bicycles, gear and equipment, techniques, safety, routes etc. \> The subcategories/subentities for let's say "techniques" would be: Bike handling, pedaling, drafting etc. Extract keywords for each subcategory/subentity: You can do this using Ahrefs or Semrush. Each keyword would be an article. Ensure that you target the similar keywords in one article. For example: how to ride a bicycle and how can I ride a bicycle will be targeted by one article. Make the more important keyword in terms of volume and difficulty as the main keyword and the other one(s) as secondary Define main focus vs secondary focus: Out of all these categories/entities - there will be one that you would want to dominate in every way. So, focus on just that in the start. This will be your main focus. Try to answer ALL the questions pertaining to that. You can extract the questions using Ahrefs. \> Ahrefs > keywords explorer \> enter keyword \> Questions \> Download the list and cluster the similar ones. This will populate your main focus category/entity and will drive most of the traffic. Now, you need to write in other categories/subentities as well. This is not just important, but crucial to complete the topical map loop. In simple words, if you do this Google sees you as a comprehensive source on the topic - otherwise, it ignores you and you don't get ranked Define the URLs End result: List of all the entities and sub-entities about the main site topic in the form of categories and subcategories respectively. A complete list of ALL the questions about the main focus and at around 10 questions for each one of the subcategories/subentities that are the secondary focus Content Writing So, now that there's a plan. Content needs to be produced. Pick out a keyword (which is going to be a question) and... Answer the question Write about 5 relevant entities Answer 10 relevant questions Write a conclusion Keep the format the same for all the articles. Content Uploading, formatting and onsite SEO Ensure the following is taken care of: H1 Permalink H2s H3s Lists Tables Meta description Socials description Featured image 2 images in text \\Schema Relevant YouTube video (if there is) Note: There are other pointers link internal linking in a semantically relevant way but this should be good to start with. Faster Indexing Indexing means Google has read your page. Ranking only after this step has been done. Otherwise, you can't rank if Google hasn't read the page. Naturally, this is a slow process. But, we expedite it in multiple ways. You can use RankMath to quickly index the content. Since, there are a lot of bulk pages you need a reliable method. Now, this method isn't perfect. But, it's better than most. Use Google Indexing API and developers tools to get indexed. Rank Math plugin is used. I don't want to bore you and write the process here. But, a simple Google search can help you set everything up. Additionally, whenever you post something - there will be an option to INDEX NOW. Just press that and it would be indexed quite fast. Conversion rate optimisation Once you get traffic, try adding tables right after the introduction of an article. These tables would feature a relevant product on Amazon. This step alone increased our earnings significantly. Even though the content is informational and NOT review. This still worked like a charm. Try checking out the top pages every single day in Google analytics and add the table to each one of them. Moreover, we used EZOIC video ads as well. That increased the RPM significantly as well. Both of these steps are highly recommended. Overall, we implemented over 11 fixations but these two contribute the most towards increasing the RPM so I would suggest you stick to these two in the start. Guest Posting We made additional income by selling links on the site as well. However, we were VERY careful about who we offered a backlink to. We didn't entertain any objectionable links. Moreover, we didn't actively reach out to anyone. We had a professional email clearly stated on the website and a particularly designated page for "editorial guidelines" A lot of people reached out to us because of that. As a matter of fact, the guy who bought the website is in the link selling business and plans to use the site primarily for selling links. According to him, he can easily make $4000+ from that alone. Just by replying to the prospects who reached out to us. We didn't allow a lot of people to be published on the site due to strict quality control. However, the new owner is willing to be lenient and cash it out. EEAT (Experience, Expertise, Authority, Trust) This is an important ranking factor. You need to prove on the site that your site has authors that are experienced, have expertise, authority and trust. A lot of people were reaching out to publish on our site and among them were a few established authors as well. We let them publish on our site for free, added them on our official team, connected their socials and shared them on all our socials. In return, we wanted them to write 3 articles each for us and share everything on all the social profiles. You can refer to the tables I shared above to check out the months it was implemented. We added a total of 6 writers (credible authors). Their articles were featured on the homepage and so were their profiles. Costing Well, we already had the site and the backlinks on it. Referring domains (backlinks) were already 500+. We just needed to focus on smart content and content. Here is the summary of the costs involved. Articles: 490 Avg word count per article: 1500 Total words: 735,000 (approximately) Cost per word: 2 cents (includes research, entities, production, quality assurance, uploading, formatting, adding images, featured image, alt texts, onsite SEO, publishing/scheduling etc.) Total: $14,700 ROI (Return on investment) Earning: Oct 22 - June 23 Earnings: $10,199 Sold for: $59,000 Total: $69,199 Expenses: Content: $14,700 Misc (hosting and others): $500 Total: $15,200 ROI over a 9 months period: 355.25% The plans moving forward This website was a part of a research and development experiment we did. With AI, we wanted to test new waters and transition more towards automation. Ideally, we want to use ChatGPT or some other API to produce these articles and bulk publish on the site. The costs with this approach are going to be much lower and the ROI is much more impressive. It's not the the 7-figures projects I created earlier (as you may have checked the older case studies on my profile), but it's highly scalable. We plan to refine this model even further, test more and automate everything completely to bring down our costs significantly. Once we have a model, we are going to scale it to 100s of sites. The process of my existing 7-figures websites portfolio was quite similar. I tested out a few sites, refined the model and scaled it to over 41 sites. Now, the fundamentals are the same however, we are using AI in a smarter way to do the same but at a lower cost, with a smaller team and much better returns. The best thing in my opinion is to run numerous experiments now. Our experimentation was slowed down a lot in the past since we couldn't write using AI but now it's much faster. The costs are 3-6 times lower so when it used to take $50-100k to start, grow and sell a site. Now you can pump 3-6 more sites for the same budget. This is a good news for existing business owners as well who want to grow their brand. Anyway, I am excited to see the results of more sites. In the meantime, if you have any questions - feel free to let me know. Best of luck for everything. Feel free to ask questions. I'd be happy to help. This is an AMA.

100 best ai sustainable business ideas in 2025

AI in Renewable Energy AI-powered smart solar panel optimization Predictive maintenance for wind turbines AI-driven energy storage management AI-based microgrid optimization Smart grid energy forecasting AI-powered water desalination efficiency AI-driven carbon footprint reduction software AI-powered hydropower efficiency monitoring AI for geothermal energy exploration AI-driven green hydrogen production optimization AI in Waste Management & Recycling AI-based waste sorting robots Smart recycling bins with AI recognition AI-powered food waste management AI-driven upcycling marketplace AI-enabled e-waste management solutions AI-powered sustainable packaging optimization AI-driven landfill management systems AI-powered plastic waste tracking and reduction AI-based waste-to-energy conversion AI-driven composting automation AI in Water Conservation AI-powered leak detection and water conservation AI-driven smart irrigation systems AI-based flood prediction and mitigation AI-powered ocean plastic cleanup robots AI-driven rainwater harvesting optimization AI-based groundwater level monitoring AI-powered desalination energy efficiency AI-driven smart water meters AI-powered wastewater treatment optimization AI-based water pollution monitoring AI in Sustainable Agriculture AI-driven precision farming AI-powered vertical farming automation AI-based pest and disease prediction AI-powered livestock health monitoring AI-driven soil health analysis AI-powered regenerative agriculture analytics AI-driven smart greenhouses AI-powered crop rotation optimization AI-based carbon farming solutions AI-powered sustainable aquaculture AI in Transportation & Mobility AI-powered electric vehicle (EV) battery optimization AI-driven smart traffic management AI-powered EV charging station optimization AI-based sustainable urban mobility planning AI-powered drone delivery for carbon reduction AI-driven logistics and supply chain sustainability AI-powered smart public transport systems AI-driven sustainable aviation fuel optimization AI-powered bicycle-sharing optimization AI-driven AI carpooling and ride-sharing efficiency AI in Green Manufacturing AI-powered energy-efficient manufacturing AI-driven supply chain sustainability analytics AI-based material waste reduction AI-powered sustainable fashion production AI-driven predictive demand to reduce overproduction AI-powered eco-friendly textile manufacturing AI-driven 3D printing for sustainable manufacturing AI-powered emission reduction in factories AI-driven green construction material optimization AI-based lifecycle assessment for eco-products AI in Carbon Offsetting & Climate Action AI-powered carbon credit marketplaces AI-driven tree planting optimization AI-based carbon capture efficiency enhancement AI-powered reforestation tracking and monitoring AI-driven climate risk prediction AI-powered environmental compliance software AI-driven sustainable investment analysis AI-based corporate sustainability tracking AI-powered carbon accounting and reporting AI-driven decarbonization roadmaps for businesses AI in Sustainable Smart Cities AI-powered urban energy efficiency monitoring AI-driven AI-powered smart lighting for cities AI-based pollution monitoring and reduction AI-driven green building automation AI-powered smart HVAC energy optimization AI-driven urban tree canopy management AI-powered digital twins for sustainable city planning AI-based urban noise pollution monitoring AI-powered public waste management optimization AI-driven citizen engagement for sustainability AI in Eco-Friendly Consumer Solutions AI-powered sustainable shopping assistant AI-driven personal carbon footprint tracking app AI-powered second-hand marketplace optimization AI-driven sustainable food delivery services AI-powered ethical supply chain transparency AI-driven zero-waste grocery stores AI-powered green subscription services AI-driven sustainable tourism planning AI-powered smart home energy efficiency optimization AI-driven personal finance for sustainability investments AI in Sustainable Healthcare & Well-being AI-powered climate impact on health analytics AI-driven sustainable hospital management AI-based predictive disease outbreak prevention AI-powered mental health solutions for eco-anxiety AI-driven green pharmaceutical production AI-powered sustainable medical waste management AI-based air quality health impact monitoring AI-driven climate-friendly diet and nutrition planning AI-powered fitness and well-being optimization for sustainability AI-driven telemedicine to reduce healthcare emissions These AI-driven sustainable business ideas offer high growth potential while making a positive impact on the planet. Let me know if you want details on a specific idea or need help with implementation strategies!

[Ultimate List] A list of Marketing Tools That I’ve tested over the years and found helpful to do better marketing with less work. More than 50 Tools To Help you with Marketing, Copywriting & Sales!

Starting to focus on marketing for your business, You will come across the same tools mentioned over and over by marketers. I would like to mention here tools that you might haven’t seen going viral in the community but actually will help you grow faster and efficiently. Starting off with My favourite Marketing Channel! #Email Marketing For SMBs Convertkit / Mailerlite / Mailchimp - These 3 Platforms are the best options for SMBs and entrepreneurs just starting out with email marketing. All 3 have free plans up to 1,000 subscribers. Scribe - Email Signature Tool, Create Great Email signatures for your emails. Liramail - Most Email marketing platforms don’t offer great email templates. This tool will help you build great email templates with drag and drop. Quick mail Auto-Warmer - Most Businesses at the beginning don’t know what to do when open rate drops. You need to use an email warmer like this to keep it up. #Email Marketing For Big Businesses SendGrid - Overall Email Marketing Tools, this tool is best for brands that have huge email lists and email marketing is the key marketing channel. Braze - This tool is leading in email marketing for large Email senders. When I was working for agencies, this was one of the best email marketing tools I had used. NeoCertified - Protect your emails for spammers and threats. To keep your email list healthy, this is a must have! Sparkloop - Referral Marketing For Email Campaigns. Email can generate great huge amount of referrals for you and Sparkloop makes it easier. #Cold Emails & Lead Generation Hunter - A Great Tool to scrape emails from domain names. The tool comes with a green free plan but Pro plan is worth the amount of features it provides. Icyleads - It’s better than Hunter as it’s heavily focused on the sales and prospecting to help you derive great results from your campaigns. Mailshake - Beginner Friend Cold Email Tool with Great features like email list warming. #Communication Tools Twilio - One do the best customer engagement platform used by Companies like Stripe and mine too. Chatlio - Use Live chat feature on your website with slack integration. My favourite easier to catch up on conversations through slack integration. Intercom - Used by Most Marketers, Industry Leading customer communication platform. Great for beginners! Chatwoot - Another Amazing Communication Tool but the best part is they have a great free plan useful for new businesses. Loom - Communicate with your audience through Videos. Loom is great for SaaS and to show human interaction to close new visitors effectively. #CRM Outseta - This tool provides great CRM and their billing system is better than other tools out their which makes it stands out! Hubspot - I don’t think this tool needs an introduction because Hubspot’s CRM is the best in industry. Salesflare - This CRM is a great alternative to hubspot as it’s beginner friendly and helpful for SMBs. #SEO Tools Ahrefs - One of the best SEO tool in the industry. They also just launched a bunch of free tools to help SEO beginners. Screaming frog - The only website crawler I have used since I bought my first domain. It’s the best! Ubersuggest- The Tool by Neil Patel is the best SEO tool for you. (I’m Joking, it’s the worst) Contentking - This tool is good at Real-time SEO Auditing, they do a lot of Marketing work through Newsletters. If you are subscribed to any SEO newsletter. You may have seen this tool. SEOquake & Semrush - SEOquake is a great tool to conduct on-page analysis, SERP, and much more. Great tool but it’s owned by Semrush. You should go for Semrush because that tool will cover all SEO aspects for you. #Content Marketing Buzzsumo - This tool is great for content research and but you may find the regular emails pretty annoying sometimes. Contentrow - Analyse Your Content and find it’s strength. Highly recommended who are weak at content structuring like me. Grammarly - If you are not a native English speaker like me, you might think you need it or not. You need it for sure for grammar corrections. #Graphic Design Tools Visme - At agencies, Infographics can be more effective than usual postscript. Visme is a graphic design tool focused on infographics and designs related to B2B and B2C. It’s great for agencies! Glorify - A Graphic Design Tool focused on E-commerce, filled with Designs useful for E-commerce store owners. Canva - All-in-one Industry leading Graphic Design Tool that everyone knows and every template is overused now. Adobe Creative Cloud ( previously Sparkpost) - It’s a great alternative to Canva filled with Amazing Stock images to use in your visuals but the only backlash is the exports in this tool are not high quality. Snaps - A Canva Alternative that might not have overused templates for your Social Accounts. #Advertising Tools Plai - It’s a great PPC tool to create Ads for Instagram and Tiktok. Wordstream - It’s an industry leading PPC Tool, great for Ad Grading and auditing. AdEspresso - This Is a tool by Hootsuite. They have a lot of Data sourced at the backend, which helps in Ad optimisation through this tool. That’s the reason I recommend this tool. #Video Editing Tools Veed Studio - I have been using Veed from last year. It’s one of the best Video Marketing Tool Optimized for Instagram & Tiktok. Synthesia - It’s a new AI video generation platform. From last few months, if you have seen marketing agencies including Videos in Emails. The chances are that’s not a Agency member taking but AI generated Human. Motionbox - It’s also a great video editing tool focused on video editing for Digital Marketers. Jitter Video - It’s a great motion design tool. Comes with great templates, the only place where other tools I mentioned lacks. It’s great and beginner friendly. #Copywriting Jasper AI - Google’s John Mueller says AI generated content is banned on Search but I think with Jasper AI you can generate SEO optimised Content but you have to put in some efforts like at least give 30 minutes for editing the Copy by yourself. Copy AI - Another AI tool to help you write better copy. This one is more focused on helping you write copy suitable for Ads and Social media campaigns. Hemingway App - To help you write more clearly and Bold. This tool is better than Grammarly if you look for writing perspective and it’s free. #Social Media Management App I’ve used a Lot of SMM Tools and that’s why going to mention all of them with a short review. Sprout social - The Best with deep insights coverage. Hootsuite - Great Scheduling tool just under sprout social. Later - Heavily Focused on Instagram from beginning and Now Tiktok too. SkedSocial - It’s like a Later alternative with great addition features like link-in-bio. Facebook’s Business Manager- Great but sometimes bugs can make a huge issue for you and customer support is like dead. Tweet Hunter & Hypefury- Both are Twitter Scheduling tools growing very fast on platform and are great for growth. Buffer - It’s a great tool but I haven’t seen any new updates to help with management. Zoho Social - It’s a great SMM tool and if you use other marketing solutions from Zoho. It’s a must have! #Market Research Tool • SparkToro - That’s the only one I have ever used. It’s great for audience research and comes with great customer service. Founded by Rand Fishkin, it’s one of the best research tool. #Influencer Marketing & UGC InfluenceGrid - A free search engine To find Tiktok & Instagram Influencers for your campaigns. Tiktok Creative Center- TikTok’s in-built tool called “Creative Center” is the best to find content trends, audience demographics and much more. Archive - Find Instagram Stories and Posts mentioning Your brands and use them as Ads for your business Marketing. #Landing Page Builders Leadpages - Its a great landing page builder because the integration and drag-and-drop features makes it easier to work with! Cardd co - A Great Landing page builder with easy step up but it lacks the copywriting and tracking features. Instapage - It’s one of the best out and I think the overall product is effective enough to help you stand out with your landing page. Unbounce - It’s a great alternative to Instapage due its well polished landing page templates that might be helpful for you. #Community Building Mighty Networks - A Great Community building platform, and you can also sell courses within the platform. Circle so - A great alternative to Mighty networks focused on Communities specifically. We are currently using for small community Of ours. #Sales Tools Drift - You can get much more out of Drift than just sales tools but The Sales solutions provided in Drift are one of the best. Salesforce - It’s the industry Sales solution provider. A go-to and have various pricing plans making it suitable for majority of SMBs. #Social Proof Tools People don’t have enough time to search across internet to decide to trust you after seeing your Ad first time. That’s what you might be facing too. Here are two tools I absolutely love for social proof! Use Proof - Show Recent Activities occurring on your website and build the trust of your visitors. Testimonial to - Gather Testimonials across Social Media platforms related to your business with this tool. Capture tweets and comments mentioning your brands and mention them. #Analytics Tools Plausible Analytics- A privacy friendly Analytics alternative to Google Analytics if you hate Analytics 4 like me. Mixpanel - Product Analytics and funnel reports better than Google Analytics. #Reddit Marketing Gummysearch- This tool will help To find your target audience on Reddit and interact with them with its help and close your new customers. Howitzer- It’s another pretty similar tool to Gummysearch focused on Reddit cold outreach to get clients and new customers. Both are great but Gummysearch provides better customer support while Howtizer is helpful on a large scale Reddit Marketing. #Text Marketing Klaviyo - It’s an email + SMS marketing tool, it’s taking up space in marketing industry very quickly as an industry leader due to its great integrations but you need to learn the platform usage to maximise the outcome. Cartloop - This tool provides great text marketing solutions with integration with Spotify and other e-commerce marketing tools. Attentive Mobile - This is my favourite Text marketing tool due to the interactive dashboard + they have a library of Text marketing examples to help you out with your campaigns. #Other Tools I have used throughout my journey! Triple Whale - It’s a great E-commerce marketing tools with Triple pixel to help you track your campaigns more efficiently. Fastory - To create well optimized Instagram & Tiktok Stories for your business. Jotform - Online Form Builder with integrations with leading marketing tools. Gated - As an entrepreneur and marketer, you may receive a bunch of unwanted emails. Use Gated to get rid of them and receive useful mails only! ClickUp- The main Tool for Project Management, one of the best and highly recommended. Riverside - Forget Zoom or Google Meet, For your Podcast Interviews and Marketing conferences. You need riverside with great video quality and recording features. Manychat- Automate your Instagram DMs and interact with your followers more efficiently + sell out your products/ services when you are offline. Calendy - To schedule meetings with your ideal clients. ServiceProviderPro - It’s a client portal for SEO & Growing Agencies, very helpful in scaling agencies. SendCheckit - Compare your Email Subject Lines with 100,000+ others in the database for free. Otter AI - Using AI track your meetings more effectively, you can easily edit, annotate and share notes from the meetings. Ryte - Optimise your website User experience with this tool focused on UX aspects + SEO too. PhantomBuster - Scrape LinkedIn Profile and Data from Facebook/LinkedIn groups. I clearly love this tool! #Honourable Mentions Zapier - The Only tool you need to integrate your favourite tool with a new effective tool. Elementor - That’s what I use for web design and it’s great! Marketer Hire - To hire world class marketers to work with you. InShot & Capcut - I create Instagram Reels and TikTok’s and life without these tools isn’t possible. Nira - It’s a great tool to Manage your workspace and this tool has launched many marketing templates in-built helpful for marketers and also entrepreneurs. X - The tool you love that wasn’t mentioned here is valuable and I honour that tool and share that if you would like to! I mean thanks for reading what I have curated all over my life as a marketer. I share 5 Marketing Tools, 5 Marketing Resources and 1 Free Resourceevery week in my newsletter, you can subscribe here to receive that for free. Also, You can read an expanded list of email marketing tools in this Reddit post!

AI Content Campaign Got 4M impressions, Thousands of Website Views, Hundreds of Customers for About $100 — This is the future of marketing

Alright. So, a few months ago I tested a marketing strategy for a client that I’ve sense dedicated my life to developing on. The Idea was to take the clients Pillar content (their YouTube videos) and use AI to rewrite the content for all the viable earned media channels (mainly Reddit). The campaign itself was moderately successful. To be specific, after one month it became their 2nd cheapest customer acquisition cost (behind their organic YouTube content). But there is a lot to be done to improve the concept. I will say, having been in growth marketing for a decade, I felt like I had hit something big with the concept. I’m going to detail how I built that AI system, and what worked well and what didn’t here. Hopefully you guys will let me know what you think and whether or not there is something here to keep working on. DEFINING THE GOAL Like any good startup, their marketing budget was minimal. They wanted to see results, fast and cheap. Usually, marketers like me hate to be in this situation because getting results usually either takes time or it takes money. But you can get results fast and cheap if you focus on an earned media strategy - basically getting featured in other people’s publication. The thing is these strategies are pretty hard to scale or grow over time. That was a problem for future me though. I looked through their analytics and saw they were getting referral traffic from Reddit - it was their 5th or 6th largest source of traffic - and they weren’t doing any marketing on the platform. It was all digital word of mouth there. It kind of clicked for me there, that Reddit might be the place to start laying the ground work. So with these considerations in mind the goal became pretty clear: Create content for relevant niche communities on Reddit with the intent of essentially increasing brand awareness. Use an AI system to repurpose their YouTube videos to keep the cost of producing unique content for each subreddit really low. THE HIGH-LEVEL STRATEGY I knew that there are huge amounts of potential customers on Reddit (About 12M people in all the relevant communities combined) AND that most marketers have a really tough time with the platform. I also knew that any earned media strategy, Reddit or not, means Click Through Rates on our content would be extremely low. A lot of people see this as a Reddit specific problem because you can’t self-promote on the platform, but really you have to keep self-promotion to a minimum with any and all earned media. This basically meant we had to get a lot of impressions to make up for it. The thing about Reddit is if your post absolutely crushes it, it can get millions of views. But crushing it is very specific to what the expectations are of that particular subreddit. So we needed to make content that was specifically written for that Subreddit. With that I was able to essentially design how this campaign would work: We would put together a list of channels (specifically subreddits to start) that we wanted to create content for. For each channel, we would write a content guideline that details out how to write great content for this subreddit. These assets would be stored in an AirTable base, along with the transcripts of the YouTube videos that were the base of our content. We would write and optimize different AI Prompts that generated different kinds of posts (discussion starters about a stock, 4-5 paragraph stock analysis, Stock update and what it means, etc…) We would build an automation that took the YouTube transcripts, ran each prompt on it, and then edited each result to match the channel writing guidelines. And then we would find a very contextual way to leave a breadcrumb back to the client. Always as part of the story of the content. At least, this is how I originally thought things would go. CHOOSING THE RIGHT SUBREDDITS Picking the right communities was vital. Here’s the basic rubric we used to pick and prioritize them: • Relevance: We needed communities interested in stock analysis, personal finance, or investing. • Subreddit Size vs. Engagement: Large subreddits offer more potential impressions but can be less focused. Smaller subreddits often have higher engagement rates. • Content Feasibility: We had to ensure we could consistently create high-value posts for each chosen subreddit. We started with about 40 possibilities, then narrowed it down to four or five that consistently delivered upvotes and user signups. CREATING CHANNEL-SPECIFIC GUIDES By the end, creating channel specific writing guidelines looked like a genius decision. Here’s how we approached it and used AI to get it done quickly: Grabbed Top Posts: We filtered the subreddit’s top posts (change filter to “Top” and then “All Time”) of all time to see the kinds of content that performed best Compiled The Relevant Posts: We took the most relevant posts to what we were trying to do and put them all on one document (basically created one document per subreddit that just had the top 10 posts in that subreddit). Had AI Create Writing Guideline Based On Posts: For each channel, we fed the document with the 10 posts with the instructions “Create a writing guideline for this subreddit based on these high performing posts. I had to do some editing on each guideline but this worked pretty well and saved a lot of time. Each subreddit got a custom guideline, and we put these inside the “Channels” table of the AirTable base we were developing with these assets. BUILDING THE AI PROMPTS THAT GENERATED CONTENT Alright this is probably the most important section so I’ll be detailed. Essentially, we took all the assets we developed up until this point, and used them to create unique posts for each channel. This mean each AI prompt was about 2,000 words of context and produced about a 500-word draft. There was a table in our AirTable where we stored the prompts, as I alluded to earlier. And these were basically the instructions for each prompt. More specifically, they detailed out our expectations for the post. In other words, there were different kinds of posts that performed well on each channel. For example, you can write a post that’s a list of resources (5 tools we used to…), or a how to guide (How we built…), etc.. Those weren’t the specific ones we used, but just wanted to really explain what I meant there. That actual automation that generated the content worked as follows: New source content (YouTube video transcript) was added to the Source Content table. This triggered the Automation. The automation grabbed all the prompts in the prompt table. For each prompt in the prompt table, we sent a prompt to OpenAI (gpt-4o) that contained first the prompt and also the source content. Then, for each channel that content prompt could be used on, we sent another prompt to OpenAI that revised the result of the first prompt based on the specific channel guidelines. The output of that prompt was added to the Content table in AirTable. To be clear, our AirTable had 4 tables: Content Channels Prompts Source Content The Source Content, Prompts, and Channel Guidelines were all used in the prompt that generated content. And the output was put in the Content table. Each time the automation ran, the Source Content was turned into about 20 unique posts, each one a specific post type generated for a specific channel. In other words, we were create a ton of content. EDITING & REFINING CONTENT The AI drafts were never perfect. Getting them Reddit-ready took editing and revising The main things I had to go in and edit for were: • Tone Adjustments: We removed excessively cliche language. The AI would say silly things like “Hello fellow redditors!” which sound stupid. • Fact-Checking: Financial data can be tricky. We discovered AI often confused figures, so we fact check all stock related metrics. Probably something like 30-40% error rate here. Because the draft generation was automated, that made the editing and getting publish ready the human bottleneck. In other words, after creating the system I spent basically all my time reviewing the content. There were small things I could do to make this more efficient, but not too much. The bigger the model we used, the less editing the content needed. THE “BREADCRUMB” PROMOTION STRATEGY No where in my prompt to the AI did I mention that we were doing any marketing. I just wanted the AI to focus on creating content that would do well on the channel. So in the editing process I had to find a way to promote the client. I called it a breadcrumb strategy once and that stuck. Basically, the idea was to never overtly promote anything. Instead find a way to leave a breadcrumb that leads back to the client, and let the really interested people follow the trail. Note: this is supposed to be how we do all content marketing. Some examples of how we did this were: Shared Visuals with a Subtle Watermark: Because our client’s product offered stock data, we’d often include a chart or graph showing a company’s financial metric with the client’s branding in the corner. Added Supporting Data from Client’s Website: If we mentioned something like a company’s cash flow statement, we could link to that company’s cash flow statement on the client’s website. It worked only because there was a lot of data on the client’s website that wasn’t gated. These tactics were really specific to the client. Which is should be. For other companies I would rethink what tactics I use here. THE RESULTS I’m pretty happy with the results • Impressions: – Early on posts averaged \~30,000 apiece, but after about a month of optimization, we hit \~70,000 impressions average. Over about two months, we reached 4 million total impressions. • Signups: – In their signups process there was one of those “Where did you find us?” questions and the amount of people who put Reddit jumped into the few hundred a month. Precise tracking of this is impossible. • Cost Efficiency (This is based on what I charged, and not the actual cost of running the campaign which is about $100/mo): – CPM (cost per thousand impressions) was about $0.08, which is far better than most paid channels. – Cost per free user: \~$8-10. After about a 10% conversion rate to a paid plan, our cost per paying user was $80–$100—well below the client’s previous $300–$400. HIGHLIGHTS: WHAT WORKED Subreddit-Specific Content: – Tailoring each post’s format and length to the audience norms boosted engagement. Worked out really well. 1 post got over 1M views alone. We regularly had posts that had hundreds of thousands. Breadcrumbs: – We never had anyone call us out for promoting. And really we weren’t. Our first priority was writing content that would crush on that subreddit. Using the Founder’s Existing Material: – The YouTube transcripts grounded the AI’s content in content we already made. This was really why we were able to produce so much content. CHALLENGES: WHAT DIDN’T WORK AI is still off: – Maybe it’s expecting too much, but still I wish the AI had done a better job. I editing a lot of content. Human oversight was critical. Scheduling all the content was a pain: – Recently I automated this pretty well. But at first I was scheduling everything manually and scheduling a hundred or so posts was a hassle. Getting Data and Analytics: – Not only did we have not very good traffic data, but the data from reddit had to be collected manually. Will probably automate this in the future. COST & TIME INVESTMENT Setup: The setup originally took me a couple weeks. I’ve since figured out how to do much faster (about 1 week). AirTable Setup here was easy and the tools costs $24/mo so not bad. ChatGPT costs were pretty cheap. Less than $75 per month. I’ve sense switched to using o1 which is much more expensive but saves me a lot of editing time Human Editing: Because this is the human part of the process and everything else was automated it mean by default all my time was spent editing content. Still this was a lot better than creating content from scratch probably by a factor of 5 or 10. The main expense was paying an editor (or using your own time) to refine posts. Worth it? Yes even with the editing time I was able to generate way more content that I would have otherwise. LESSONS & ACTIONABLE TAKEAWAYS Reddit as a Growth Channel: – If you genuinely respect each subreddit’s culture, you can achieve massive reach on a tight budget. AI + Human Collaboration: – AI excels at first drafts, but human expertise is non-negotiable for polishing and ensuring factual integrity. Soft Promotion Wins: – The “breadcrumb” approach paid off. It might feel like too light a touch, but is crucial for Reddit communities. Create once, repurpose as many times as possible: – If you have blog posts, videos, podcasts, or transcripts, feed them into AI to keep your message accurate and brand-consistent. CONCLUSION & NEXT STEPS If you try a similar approach: • Begin with smaller tests in a few niches to learn what resonates. • Create a clear “channel guide” for each community. • Carefully fact-check AI-generated posts. • Keep brand mentions low-key until you’ve established credibility.

I’ve professionalized the family business. Now I feel stuck

I wrote the post below in my own words and then sent to ChatGPT for refinement/clarity. So if it reads like AI, it's because it is, but it's conveying the message from my own words a bit better than my original with a few of my own lines written back in. Hope that's not an issue here. I’m 33, married with two young kids. I have a bachelor’s from a well-regarded public university (though in an underwhelming field—economics adjacent). I used that degree to land a job at a mid-sized distribution company (\~$1B annual revenue), where I rose quickly to a project management role and performed well. In 2018, after four years there, I returned to my family's $3M/yr residential service and repair plumbing business. I saw my father withdrawing from leadership, responsibilities being handed to underqualified middle managers, and overall employee morale declining. I’d worked in the business from a young age, had all the necessary licenses, and earned a degree of respect from the team—not just as “the boss’s kid,” but as someone who had done the work. I spent my first year back in the field, knocking off the rust. From there, I started chipping away at process issues and inefficiencies, without any formal title. In 2020, I became General Manager. Since then, we’ve grown to over $5M in revenue, improved profitability, and automated many of the old pain points. The business runs much smoother and requires less day-to-day oversight from me. That said—I’m running out of motivation. I have no equity in the business. And realistically, I won’t for a long time. The family dynamic is... complicated. There are relatives collecting large salaries despite zero involvement in the business. Profits that should fuel growth get drained, and we can’t make real accountability stick because we rely too heavily on high-producing employees—even when they underperform in every other respect. I want to be clear—this isn’t a sob story. I know how lucky I am. The business supports my family, and for that I’m grateful. But I’ve gone from showing up every day with fresh ideas and energy to slowly becoming the guy who upholds the status quo. I’ve hit most of the goals I set for myself, but I’m stagnating—and that scares me. The safe move is to keep riding this out. My wife also works and has strong earning potential. We’re financially secure, and with two small kids, I’m not eager to gamble that away. But I’m too young to coast for the next decade while I wait for a possible ownership shakeup. At this point, the job isn’t mentally stimulating. One hour I’m building dynamic pricing models; the next, I’m literally dealing with whether a plumber is wiping his ass properly because I've had multiple complaints about his aroma. I enjoy the challenging, high-level work—marketing, systems, strategy—but I’m worn down by the drama, the legacy egos I can’t fire, and the petty dysfunction I’m forced to manage. I'm working on building a middle management gap, but there's something lost in not being as hands-on in a small business like this. I fear that by isolating myself from the bullshit, I'll also be isolating myself from some of the crucial day-to-day that keep us who we are. Hope that makes sense. (To be fair, most of our team is great. We have an outstanding market reputation and loyal employees—but the garbage still hits my desk when it shows up.) I’ve toyed with starting a complementary business or launching a consulting gig for similar-sized companies outside our market. I’ve taken some Udemy and Maven Analytics courses (digital marketing, advanced Excel/Power BI, etc.) to keep learning, but I rarely get to apply that knowledge here. So here I am. Is this burnout? A premature midlife crisis? A motivation slump? I’m not sure what I’m looking for—but if you’ve been here, or have any hard-earned advice, I’d be grateful to hear it.

9 minimalistic habits that will save you 1,000+ hours of your life

📱 Digital Habits Unsubscribe from Unnecessary Emails Consider using an app like unroll.me to help you declutter your inbox. It's free. Streamline Your Finances Automating your finances can save you a lot of time and stress in the long run. Here's how: \- Automate monthly payments \- Cancel unused subscriptions \- Automate contributions to investments \- Set up a system to automatically deposit 20% of your paycheck into savings Deweaponize Your Device Your phone can be a major time sink. Make it less so with these steps: \- Set screen time limits \- Switch your device to grayscale \- Turn off non-emergency notifications \- Use an app like onesec.app to add friction \- Organize apps into folders based on their purpose Embrace Journaling or a Productivity Coach For journaling, consider the DayOneApp. If you want to delve deeper, try a productivity coach app like Wave.ai. &#x200B; 🏡 Lifestyle Habits Declutter Daily Aim to get rid of just one thing every day. It's a simple way to discover what possessions truly matter to you. Build a Capsule Wardrobe A capsule wardrobe is a minimal collection of versatile items. Here's a quick guide: \- Decide on the number of pieces (up to 50) \- Start with what you already have \- Choose a color palette \- Retain essential/versatile items \- Donate what you don’t need Invest in High-Quality Items Remember, cheap can often end up being more expensive in the long run. &#x200B; 🧠 Mental Habits Prune Your To-Do List As Jim Collins said, "If you have more than 3 priorities, then you don’t have any." Apply the 2-Minute Rule If a task takes less than 2 minutes to complete, do it immediately. Tasks tend to become more daunting the longer we procrastinate. &#x200B; Should I add some more? Edited to add more from comments (From KidBeene): Don't reply to emails for 3 days. Either the issue will resolve itself or it will reduce options down to 1 or 2. No one is shooting at you, no one will die from you not stepping in to an email chain. If it was truly important your phone would be ringing. When people want to meet with you only accept meetings that have an agenda. No meeting should be FYI\- Those are emails or dashboards. Only agenda items that require a decision from you or that require you to step in to descalate or escalate a situation. If an FYI or update to a situation is needed, make it into a paragraph update\- 1st sentence of What happened that made you need to tell me something? Second sentence is historical/has this happened before. 3rd sentence is "so what/why do I care" and 4th sentence is recommendation. &#x200B;

I spent 18 hours every week tracking marketing trends and latest news. Here are my predictions for 2024

1/ Securing Digital Footprint becomes #1 Priority For Chronically Online Users, Protecting their digital footprint will become one of the main things. We saw influencers getting cancelled over Old Content and Brands used Old Travis Kelce Tweets, we saw what could happen without digital footprint protection. Online Engagement Precautions will be taken again with Twitter & IG showing your usernames above ‘Algorithm Suggested Content’. What you like is more visible to other people in UI Design of these apps, another reason behind why Digital Footprint preservation will matter a lot in 2024. This will impact likes to viewership ratio on your organic and paid content. &#x200B; 2/  TikTok wants Long Videos with Storytelling As I was writing this report, TikTok also released their What’s Next 2024 Report. It focuses heavily on how the audiences on the app demand better storytelling and from the examples in the report, you can judge what TikTok wants. They also rolled out a 30-minute video upload limit. Engaging Content over 1-Minute Mark to keep the audiences longer on the app. I highlighted in the first trend, every social media platform wants the same thing, more time spent. 3/ Use of Shop the Look While Streaming Netflix or Amazon Prime. This year’s one of the most successful TV series, The Bear caused Men to go mad for the T-Shirt worn by Jeremy Allen White in the show. Showing us how TV Shows influence or encourage us to dress in a particular way. It’s nothing new, TV Shows like Friends & Gossip Girl influenced all demographics when they came out. But now, Streamings Services such as Roku & Amazon enable consumers to shop the look while watching the TV Shows. Many Brands will jump on these opportunities in upcoming months. 4/ Brands in Comments & Memes are the new norm By Summer 2024, Most Online Users & Creators will no longer feel too excited or answered when they see your brand in the comments. Why? It’s becoming too common for Brands to show in comments under viral content about them. Or Brands being funny with Internet Culture Trends is known to most users. The Saturation of Every Brand being funny and being present leads to increased competition of levitating the content quality. &#x200B; 5/ Marketers decrease their focus on Traffic & Views With AI recommendations taking over, The Structure of content distributing on social media is changing, the same goes for SEO. Conversational AIs are changing how web traffic is distributed to publishers. An Increased focus on managing the conversion rate and landing page relevancy will be the main focus. 6/ OOH is kind of making a comeback. First, US OOH Ads Industry grew 1.1% in Q3 2023. Second, Outfront Media reported slight revenue increase in Q3 as Billboard Ad Revenue grew in Q3. Many Brands in UK are also aligning more toward traditional media Channels. With Burger King in UK focusing on only OOH for Christmas this year and Fashion Brands like SSENSE launching Billboards as Branding Play. 7/ Rise of Curation Continues This Year, we witnessed success of Pinterest Shuffles App, Gen-Z loved it. Similar Success with formats like IG photo dump & TikTok ‘My Fav Finds’ Carousels being the center of Gen-Z Content. Just look at this recent trend and tell me Curation isn’t personal to Online Teens. Spotify won with their idea of curating Songs with Astrology-type signs. The Fashion Products with Curated Emojis and Stickers on them, that scrappy curated approach is predicted to grow in 2024, data from Pinterest. 8/ Use of AI to Trace Consumers in the wild This year we saw a huge trend of people using Image/ face recognition tools to find or dig dirt about famous people. The biggest example was Dillion Dannis exposing Multiple images of Logan Paul’s girlfriend using AI tools. (Which was Obviously bad) But next year, I believe with better rules, big brands like Adidas or Nike will be able to find worldwide micro-influencers & Online Consumers seen wearing adidas. And partnering with them on a large scale through automated outreach. 9/ More Cartoons than Influencer-Brand Products. All the Cartoon shows are seeing huge rise on IG and TikTok, Shaun the sheep is viral, Snoopy was big this year, Sesame Street’s TikTok is working. Aussie Show Bluey is making a huge spark in the US. More Brand collaborations are on the road. Why? Cartoons have built a very consistent identity and they have social channels. I know many see Cartoons as Kids Content but on social, looking at TikTok Account of Sesame Street & Snoopy. Last month, Powerpuff Girls launched a collaboration with Nike. &#x200B; 10/ The Best Trend to get people off social media &#x200B; Try to get people off the social media apps, build your own loops. You can’t rely on social and you clearly shouldn’t burn out trying to win on social and streaming with Paid Ads or without them. This matters a lot because data shares most of your customers buy from you once or twice a year. And then they interact with your content, how bad will you feel if the only thing they remember as your content is being on TikTok. Nothing about your brand. 11/ The Internet Aesthetic will Die for Cafes & Restaurants When I wrote my post about Instagram Marketing, I mentioned this issue of Every Account looking the same. In reality, It isn’t limited to IG Feeds, This Creator points out the same Problem, mentioning the aesthetic Standards from Internet are changing how new businesses approach their whole business. More Content from Cafes & Restaurants need to be around their people and neighbourhood. 12/ Echo Chambers & Sonic Influence All Podcasts are Echo Chambers because if people wanted a new perspective in form of value. We would have chosen debates, but we chose Podcasts to find new value while being in comfort. People are now looking for more value in comfort than ever, Podcasts will continue to rise. 13/ Clever AI Integration to Better Customer Journeys in B2B & B2C Marketing Agencies can provide clever solutions to B2B Companies, and help them overcome the tag of Boring Ads only. How? Ogilvy India created an AI Ad Campaign for Cadbury, allowing SMBs to have the Bollywood Actor endorse them. They used the AI voice generation allowing businesses to alter the voice and have Shah Rukh Khan endorse their shop. A similar approach was taken by IPG India, An AI Ad with Shah Rukh Khan allowing everyone to add their face in the Branded Content. &#x200B; If I sounded like an Old head in this report or I missed on some elements like Programmatic Advertising and PPC. I will try to include better analysis and new content about future trends. You can find the post shared with examples & research, linked here.

I tested hundreds of marketing tools in the last three years and these 50 made it to the list. I'll sum up my top 50 marketing tools with one or two sentences + give you pricings.

Hey guys, I'm working in a growth marketing agency. Marketing tools are 30% of what we do, so we use them a lot and experiment with the new ones as much as possible. There are thousands of tools and it's easy to get lost, so I wanted to share the tools we use most on a daily basis. And divide the list into 14 categories. I thought this could be handy for Entrepreneurs subreddit. Why adopt tools? I see marketing tools as tireless colleagues. If you can't hire an employee, choosing the right tool can solve your problems, because they Are super cheap. Work 7/24 for you. Don’t make mistakes. Don’t need management. (or needless management) Help you to automate the majority of your lead gen process. Onwards to the list. (With the pricings post ended up quite long, you can find a link in the end if you want to check the prices) Email marketing tools #1 ActiveCampaign is armed with the most complicated email automation features and has the most intuitive user experience. It feels like you already know how to use it. \#2 Autopilot is visual marketing automation and customer journey tool that helps you acquire, nurture based on behaviors, interest etc. #3 Mailjet: This is the tool we use to send out bulky email campaigns such as newsletters. It doesn't have sexy features like others but does its job for a cheap price. Email address finders #4 Skrapp finds email of your contacts by name and company. It also works with LinkedIn Sales Navigator and can extract thousands of emails in bulk + have a browser add-on. #5 Hunter: Similar to Skrapp but doesn't work with LinkedIn Sales Navigator directly. In addition, there are email templates and you can set up email campaigns. Prospecting and outreach tools #6 Prospect combines the personal emails, follow-up calls, other social touches and helps you create multichannel campaigns.  #7 Reply is a more intuitive version of Prospect. It is easy to learn and use; their UX makes you feel good and sufficient.  CRM tools #8 Salesflare helps you to stop managing your data and start managing your customers. Not yet popular as Hubspot and etc but the best solution for smaller B2B businesses. (we're fans) \#9 Hubspot: The most popular CRM for good reason and has a broader product range you can adopt in your next steps. Try this if you have a bulky list of customers because it is free. #10 Pardot: Pardot is by Salesforce, it's armed with features that can close the gap between marketing and sales. Sales Tools #11 Salesforce is the best sales automation and lead management software. It helps you to create complicated segmentations and run, track, analyze campaigns from the same dashboard. #12 LinkedIn Sales Navigator gives you full access to LinkedIn's user database. You can even find a kidnapped CEO if you know how to use it with other marketing automation tools like Skrapp. #13 Pipedrive is a simple tool and excels in one thing. It tracks your leads and tells you when to take the next action. It makes sales easier. #14 Qwilr creates great-looking docs, at speed. You can design perfect proposals, quotes, client updates, and more in a flash. We use it a lot to close deals, it's effective. #15 Crystalknows is an add-on that tells you anyone’s personality on LinkedIn and gives you a detailed approach specific to that person. It's eerily accurate. #16 Leadfeeder shows you the companies that visited your website. Tells how they found you and what they’re interested in. It has a free version. Communication Tools #17 Intercom is a sweet and smart host that welcomes your visitors when you’re not home. It’s one of the best chatbot tools in the market. #18 Drift is famous for its conversational marketing features and more sales-focused than Intercom. #19 Manychat is a chatbot that helps you create high converting Facebook campaigns. #20 Plann3r helps you create your personalized meeting page. You can schedule meetings witch clients, candidates, and prospects. #21 Loom is a video messaging tool, it helps you to be more expressive and create closer relationships. #22 Callpage collects your visitors’ phone number and connects you with them in seconds. No matter where you are. Landing page tools #23 Instapage is the best overall landing page builder. It has a broad range of features and even squirrel can build a compelling landing page with templates. No coding needed. #24 Unbounce can do everything that Instapage does and lets you build a great landing page without a developer. But it's less intuitive. Lead generation / marketing automation tools #25 Phantombuster is by far the most used lead generation software in our tool kit. It extracts data, emails, sends requests, customized messages, and does many things on autopilot in any platform. You can check this, this and this if you want to see it in action. #26 Duxsoup is a Google Chrome add-on and can also automate some of LinkedIn lead generation efforts like Phantombuster. But not works in the cloud. #27 Zapier is a glue that holds all the lead generation tools together. With Zapier, You can connect different marketing tools and no coding required. Conversion rate optimization tools #28 Hotjar tracks what people are doing on your website by recording sessions and capturing mouse movements. Then it gives you a heatmap. #29 UsabilityHub shows your page to a digital crowd and measures the first impressions and helps you to validate your ideas. #30 Optinmonster is a top tier conversion optimization tool. It helps you to capture leads and enables you to increase conversions rates with many features. #31 Notifia is one mega tool of widgets that arms your website with the wildest social proof and lead capturing tactics. #32 Sumo is a much simpler version of Notifia. But Sumo has everything to help you capture leads and build your email lists. Web scrapers #33 Data Miner is a Google Chrome browser extension that helps you scrape data from web pages and into a CSV file or Excel spreadsheet. #34 Webscraper does the same thing as Data Miner; however, it is capable of handling more complex tasks. SEO and Content #35 Grammarly: Your English could be your first language and your grammar could be better than Shakespeare. Grammarly still can make your writing better. #36 Hemingwayapp is a copywriting optimization tool that gives you feedback about your copy and improves your readability score, makes your writing bolder and punchier. Free. #37 Ahrefs is an all-rounder search engine optimization tool that helps you with off-page, on-page or technical SEO. #38 SurferSEO makes things easier for your on-page SEO efforts. It’s a tool that analyzes top Google results for specific keywords and gives you a content brief based on that data. Video editing and design tools #39 Canva is a graphic design platform that makes everything easy. It has thousands of templates for anything from Facebook ads, stylish presentations to business cards.  #40 Kapwing is our go-to platform for quick video edits. It works on the browser and can help you to create stylish videos, add subtitles, resize videos, create memes, or remove backgrounds. #41 Animoto can turn your photos and video clip into beautiful video slideshows. It comes handy when you want to create an advertising material but don’t have a budget. Advertising tools #42 AdEspresso lets you create and test multiple ads with few clicks. You can optimize your FB, IG, and Google ads from this tool and measure your ads with in-depth analytics. #43 AdRoll is an AI-driven platform that connects and coordinates marketing efforts across ads, email, and online stores. Other tools #44 Replug helps you to shorten, track, optimize your links with call-to-actions, branded links, and retargeting pixels #45 Draw.io = Mindmaps, schemes, and charts. With Draw.io, you can put your brain in a digital paper in an organized way. #46 Built With is a tool that finds out what websites are built with. So you can see what tools they're using and so on. #47 Typeform can turn data collection into an experience with Typeform. This tool helps you to engage your audience with conversational forms or surveys and help you to collect more data. #48 Livestorm helped us a lot, especially in COVID-19 tiles. It’s a webinar software that works on your browser, mobile, and desktop. #49 Teachable \- If you have an online course idea but hesitating because of the production process, Teachable can help you. It's easy to configure and customizable for your needs. #50 Viral Loops provides a revolutionary referral marketing solution for modern marketers. You can create and run referral campaigns in a few clicks with templates. Remember, most of these tools have a free trial or free version. Going over them one by one can teach you a lot and help you grow your business with less work power in the early stages of your business. I hope you enjoyed the read and can find some tools to make things easier! Let me know about your favorite tools in the comments, so I can try them out. \------ If you want to check the prices and see a broader explanation about the tools, you can go here.

We create AI software and provide AI automation for companies. Here is a list of the best AI tools for sales IMHO

Here are some AI tools that are useful for sales. I tried to touch as many different parts of the sales process so the tools are all quite different but all useful for sales. I tried to include some of the best and underrated AI tools. Most of them are free so check them out if you want. I did not include ChatGPT as it can basically be used for anything with the right prompts. So these tools will be more research-oriented. A quick disclaimer – I work for the company Idealink where we create custom ChatGPT for businesses and other AI products. Apollo AI Seamless AI CoPilot AI Lavender AI Regie AI Gemini Plusdocs Make Midjourney Fireflies AI Apollo AI - Find potential customers Apollo is a platform for sales and business development. It offers a range of tools to find and engage with ideal customers. The platform has an extensive B2B database and features that streamline the sales process from prospecting to closing deals. Key Features: Extensive B2B Database: Apollo boasts a large, accurate database of over 275 million contacts, providing a wealth of potential leads and opportunities for sales teams. Data Enrichment and Lead Insights: The platform offers data enrichment capabilities, ensuring CRM systems are continuously updated with detailed and actionable lead information. AI-Driven Sales Engagement: Apollo's AI technology assists in crafting effective communication and prioritizing high-value leads, enhancing the overall sales engagement process. Comprehensive Sales Tools: The platform provides an integrated suite of tools for email, call, and social media engagement, combined with analytics and automation features to streamline the sales cycle. Tailored Solutions for Teams: Apollo offers customized solutions for different team types, including sales and business development, founders, and marketing teams, addressing specific needs and goals. Seamless AI - Sale process made easier Seamless.AI is an innovative B2B sales lead generation solution that allows sales teams to efficiently connect with their ideal customers. The platform's features provide accurate and up-to-date contact information and integrate easily with existing sales and marketing tools. Key Features: Real-Time Search Engine: Seamless.AI uses AI to scour the web in real time, ensuring the contact information for sales leads is current and accurate. Comprehensive Integration: Easily integrates with popular CRMs and sales tools like Salesforce, HubSpot, and LinkedIn Sales Navigator, enhancing productivity and eliminating manual data entry. Chrome Extension: Enhances web browsing experience for sales teams, allowing them to build lead lists directly from their browser. Pitch Intelligence and Writer: Tools for crafting effective sales messages and marketing content, personalized for each potential customer. Data Enrichment and Autopilot: Keeps customer data current and automates lead-building, supporting consistent lead generation. Buyer Intent Data and Job Changes: Offers insights into potential customers' buying intentions and keeps track of significant job changes within key accounts. CoPilot AI - Helps sales reps manage leads CoPilot AI is an advanced AI-powered sales support platform designed for B2B sales teams and agencies to drive consistent revenue growth. The tool focuses on using LinkedIn for sales prospecting, engagement, and conversion. Key Features: LinkedIn Lead Generation: Targets and automates outreach to high-intent LinkedIn leads, enhancing efficiency and scalability in lead generation. Personalized Messaging Automation: Facilitates sending of personalized, one-click messages at scale, maintaining a human touch in digital interactions. Sales Conversion Insights: Offers tools to understand and adapt to prospects' communication styles, improving the likelihood of conversion. Sales Process Optimization: Provides analytics to evaluate and refine sales strategies, identifying opportunities for improvement in the sales funnel. Industry Versatility: Adapts to diverse industries, offering tailored solutions for B2B sales, marketing, HR, and financial services sectors. Collaborative Team Tools: Enables team synchronization and collaboration, boosting productivity and synergy in sales teams Lavender AI - Email AI assistant Lavender AI is an AI-powered email tool that helps users write better emails. It provides real-time feedback and personalized suggestions to optimize email communication efficiency. Key Features: Email Coaching and Scoring: Lavender evaluates emails using AI and a vast database of email interactions, offering a score and tips for improvement. It identifies factors that might reduce the likelihood of receiving a reply, helping users refine their email content. Personalization Assistant: This feature integrates prospect data directly into the user's email platform, suggesting personalization strategies based on recipient data and personality insights to foster deeper connections. Adaptive Improvement: Lavender's scoring and recommendations evolve in real-time with changing email behaviors and practices, thanks to its generative AI and extensive data analysis, ensuring users always follow the best practices. Data-Driven Managerial Insights: The platform provides managers with valuable insights derived from actual email interactions, aiding them in coaching their teams more effectively based on real performance and communication trends. Broad Integration Capability: Lavender integrates with various email and sales platforms including Gmail, Outlook, and others, making it versatile for different user preferences and workflows. Regie AI - Great for business intelligence Regie.ai simplifies the sales prospecting process for businesses, using GenAI and automation to improve interactions with prospects. The platform offers tools like Auto-Pilot for automatic prospecting and meeting scheduling, Co-Pilot for sales rep support, and integrations with various CRM and sales engagement platforms. It also includes a Chrome Extension and CMS for content management and customization. Key Features: Automated Prospecting with Auto-Pilot: Regie.ai's Auto-Pilot feature autonomously prospects and schedules meetings, using Generative AI for Sales Agents to enhance outbound sales efforts. Audience Discovery and Content Generation: The platform identifies target accounts not in the CRM, generating relevant, on-brand content for each message, thus ensuring efficiency in list building and message personalization. Outbound Prioritization and Dynamic Engagement: It utilizes engagement and intent data to prioritize outreach to in-market prospects and adjust engagement strategies based on buyer responsiveness. Full Funnel Brand Protection and Analytics: Regie.ai ensures consistent use of marketing-approved language in all sales outreach and provides insights into campaign and document performance, thereby safeguarding brand integrity throughout the sales funnel. Gemini - AI powered conversational platform Gemini is a large language model chatbot developed by Google AI. It can generate text, translate languages, write different creative text formats, and answer your questions in an informative way. It is still under development but has learned to perform many kinds of tasks. Key features: Generate different creative text formats of text content (poems, code, scripts, musical pieces, email, letters, etc.) Answer your questions in an informative way, even if they are open ended, challenging, or strange. Translate languages Follow your instructions and complete your requests thoughtfully. Plusdocs (Plus AI) - AI tool for presentations Plus AI is a versatile tool that helps improve presentations and integrates with Slides in a simple and intuitive way. It simplifies slide creation and customization by converting text into slides and utilizing AI for various languages. Key Features: Text-to-Slide Conversion: Plus AI excels in transforming textual content into visually appealing slides, streamlining the presentation creation process. Multilingual AI Support: The tool is equipped to handle various languages, making it adaptable for a global user base. Professional Design Options: Users have access to professionally designed slide layouts, enabling the creation of polished presentations with ease. Customization and AI Design: Plus AI allows for extensive customization, including the use of AI for designing and editing slides, ensuring unique and personalized presentations. Live Snapshots and Templates: The tool offers live snapshots for real-time updates and a wide range of templates for quick and effective slide creation. Make - AI automation Make is a powerful visual platform that allows users to build and automate tasks, workflows, apps, and systems. It offers an intuitive, no-code interface that empowers users across various business functions to design and implement complex processes without the need for developer resources. Key Features: No-Code Visual Workflow Builder: Make's core feature is its user-friendly interface that allows for the creation of intricate workflows without coding expertise, making it accessible to a wide range of users. Extensive App Integration: The platform boasts compatibility with over 1000 apps, facilitating seamless connections and data sharing across diverse tools and systems. Custom Automation Solutions: Make enables personalized automation strategies, fitting various business needs from marketing automation to IT workflow control. Template Library: Users can jumpstart their automation projects with a vast collection of pre-built templates, which are customizable to fit specific workflow requirements. Enterprise-Level Solutions: Make offers advanced options for larger organizations, including enhanced security, single sign-on, custom functions, and dedicated support. Midjourney - Making sales content Midjourney is an AI-based image generation tool that changes the way we visualise and create digital art. It offers a lot of artistic possibilities, allowing users to create stunning images from text prompts. This innovative service caters to artists, designers, and anyone seeking to bring their creative visions to life. Key Features: Advanced AI Image Generation: Midjourney's core strength lies in its powerful AI algorithms, which interpret text prompts to generate detailed, high-quality images. This feature allows users to explore an endless array of visual concepts and styles. User-driven Customization: The tool offers significant control over the image creation process, enabling users to guide the AI with specific instructions, ensuring that the final output aligns closely with their vision. Diverse Artistic Styles: Midjourney can mimic various artistic styles, from classical to contemporary, providing users with a wide range of aesthetic options for their creations. Collaboration and Community Features: The platform fosters a community of users who can share, critique, and collaborate on artistic projects, enriching the creative experience. Fireflies AI - Sales meeting assistant Fireflies.ai is a powerful tool for improving team productivity and efficiency in managing meetings and voice conversations. It offers a range of features to simplify the process of capturing, organizing, and analyzing meeting content. Key Features: Automatic Meeting Transcription: Fireflies.ai can transcribe meetings held on various video-conferencing platforms and dialers. The tool captures both video and audio, providing transcripts quickly and efficiently. AI-Powered Search and Summarization: It allows users to review long meetings in a fraction of the time, highlighting key action items, tasks, and questions. Users can filter and focus on specific topics discussed in meetings. Improved Collaboration: The tool enables adding comments, pins, and reactions to specific conversation parts. Users can create and share soundbites and integrate meeting notes with popular collaboration apps such as Slack, Notion, and Asana. Conversation Intelligence: Fireflies.ai offers insights into meetings by tracking metrics like speaker talk time and sentiment. It helps in coaching team members and improving performance in sales, recruiting, and other internal processes. Workflow Automation: The AI assistant from Fireflies.ai can log call notes and activities in CRMs, create tasks through voice commands, and share meeting recaps instantly across various platforms. Comprehensive Knowledge Base: It compiles all voice conversations into an easily accessible and updatable knowledge base, with features to organize meetings into channels and set custom privacy controls. I’ll keep updating this little guide, so add your comments and I’ll try to add more tools. This is all just a personal opinion, so it’s completely cool if you disagree with it. Btw here is the link to the full blog post about all the AI tools in a bit more depth.

boring passive site... now 42k monthly visitors and $2540 MRR

people underestimate SEO... It is evergreen... passive... digital real estate. it can do magic... if you are consistent. Especially now with AI you can 2X your traffic growth and automate 85% of the work. For the past 6 months... we've been building an online directory. we just reached $2540 MRR... with SEO only... from a complete zero. I did share this on other subreddits. Maybe this gives ideas to someone. \+ This can be easily replicated if you have a website lol Current metrics: $2540 MRR - businesses pay us to list on the directory + display ads + pay to be featured. 43k monthly visitors - in the past couple of weeks our SEO growth is a hockey stick. DR (Domain Rating) 35 - it took us 2.5 months to get to that. 51 okay-ish quality referring domains (90% of them are do-follow) and 1.6k backlinks. There are probably 3 main pillars I try to focus on: keywords --> which then is the basis for ALL the content pieces we do blogs, landing pages, about us pages, competitor comparisons etc --> we use a DIY excel file to automate content production at scale. backlinks --> boost DR --> one of the main things to boost ranking on google. website health --> this is technical stuff like internal and external linking, schemas, canonical tags, alt texts, load speeds, compressed images, meta descriptions, titles etc --> do this once... and do it GOOD. $0.07 per SEO optimised blog at scale with AI Yep... we've literally built our own SEO blog tool... and it is a Spreadsheet with bunch of app scripts :D NOTE that we add a little bit of human touch to those blogs that are picked up by Google rank top in 25 How it works... is that we paste in bunch of links (other websites, blogs, news articles) and with a click of a button we can get up to 2000 SEO optimised content pieces... from an Excel file... $0.07 per blog. The spreadsheet is integrated with Chat gpt (obviously). We use GPT-4 for meta descriptions, titles, transforming the content from text to html code since it is more powerful, and GPT-4o for content itself because it is cheaper and faster for "general text". The spreadsheet repurposes content. The spreadsheet generates: Meta descriptions and titles FAQs sections - DON'T skip FAQ sections! They are a must for SEO. On Ahrefs... there is a section of questions people are searching about your keyword... that's your FAQs It can find contextual youtube videos (links to those videos) - to show google that our content is not "just text" thus higher quality. Screenshots and images of the original source (the website link we inputed) I then download a csv version of the excel and import it into our Webflow. The csv file column names match our webflow CMS field names. tbh... we didn't even know that it can be done with a spreadsheet. We "tried" building it because every other tool we were using is (1) expensive from $0.59 per SEO content piece (2) they didn't provide the scale we wanted (3) we wanted more control over the output. Focus on DR 35+ backlinks... easier We bought backlinks only once... rest of the backlinks was a manual work from us. Bunch of free listing databases (about 65% of our backlinks) You can comment on open forums with your link to get a backlink (be careful tho) Post a blog on Medium com --> DR 94 backlink (takes time to Index) If you pay for Notion you can get a DR 94 backlink from Notion If you use Beehiiv you can get a DR 86 backlink from Beehiiv Google product stacking (Google sites, Google notes etc) --> backlink from almighty Google itself A lot of work goes into backlinks because they are THAT important. I have tried bunch of "black hat" strategies as well... but note that all of these strategies won't work if you don't index the primary source from where your backlink is coming from. BIG search volume and low KD Key things I'm looking for in keywords: I use Ahrefs Keyword research tool... it is literally free BIG search volume - 2k+ is oaky-ish for a single keyword EASY to rank - KD (keyword difficulty) below 15 Look for long tail keywords (these are golden nuggets since they have a VERY clear search intent) - "how to edit..." "how to change..." "how to delete..." "how to paint..." I hope you got the idea. on Ahrefs you can use "\" to get BIG volume long tail keywords... like this "my keyword\". Ahrefs then populates the "\" with the tail. Check SERP (Search Engine Result Page) for your keywords - it shows current top 10 pages for those KWs. Check their content. Can you improve it? Have they missed anything? Keyword gap from your competitors - shows EASY keywords that your competitors have missed and also shows what keywords overlap with you. Also one cool thing... if you don't type any keywords on Ahrefs and press "Enter"... you can browse all the keywords out there... it is magical. Once we have the keywords, we run our spreadsheet. And that's pretty much it. I hope that you can get some ideas from this little silly project. Also... if you have any questions about this... I might share the SEO blog automation excel file/help if people are interested...

I run an AI automation agency (AAA). My honest overview and review of this new business model

I started an AI tools directory in February, and then branched off that to start an AI automation agency (AAA) in June. So far I've come across a lot of unsustainable "ideas" to make money with AI, but at the same time a few diamonds in the rough that aren't fully tapped into yet- especially the AAA model. Thought I'd share this post to shine light into this new business model and share some ways you could potentially start your own agency, or at the very least know who you are dealing with and how to pick and choose when you (inevitably) get bombarded with cold emails from them down the line. Foreword Running an AAA does NOT involve using AI tools directly to generate and sell content directly. That ship has sailed, and unless you are happy with $5 from Fiverr every month or so, it is not a real business model. Cry me a river but generating generic art with AI and slapping it onto a T-shirt to sell on Etsy won't make you a dime. At the same time, the AAA model will NOT require you to have a deep theoretical knowledge of AI, or any academic degree, as we are more so dealing with the practical applications of generative AI and how we can implement these into different workflows and tech-stacks, rather than building AI models from the ground up. Regardless of all that, common sense and a willingness to learn will help (a shit ton), as with anything. Keep in mind - this WILL involve work and motivation as well. The mindset that AI somehow means everything can be done for you on autopilot is not the right way to approach things. The common theme of businesses I've seen who have successfully implemented AI into their operations is the willingess to work with AI in a way that augments their existing operations, rather than flat out replace a worker or team. And this is exactly the train of thought you need when working with AI as a business model. However, as the field is relatively unsaturated and hype surrounding AI is still fresh for enterprises, right now is the prime time to start something new if generative AI interests you at all. With that being said, I'll be going over three of the most successful AI-adjacent businesses I've seen over this past year, in addition to some tips and resources to point you in the right direction. so.. WTF is an AI Automation Agency? The AI automation agency (or as some YouTubers have coined it, the AAA model) at its core involves creating custom AI solutions for businesses. I have over 1500 AI tools listed in my directory, however the feedback I've received from some enterprise users is that ready-made SaaS tools are too generic to meet their specific needs. Combine this with the fact virtually no smaller companies have the time or skills required to develop custom solutions right off the bat, and you have yourself real demand. I would say in practice, the AAA model is quite similar to Wordpress and even web dev agencies, with the major difference being all solutions you develop will incorporate key aspects of AI AND automation. Which brings me to my second point- JUST AI IS NOT ENOUGH. Rather than reducing the amount of time required to complete certain tasks, I've seen many AI agencies make the mistake of recommending and (trying to) sell solutions that more likely than not increase the workload of their clients. For example, if you were to make an internal tool that has AI answer questions based on their knowledge base, but this knowledge base has to be updated manually, this is creating unnecessary work. As such I think one of the key components of building successful AI solutions is incorporating the new (Generative AI/LLMs) with the old (programmtic automation- think Zapier, APIs, etc.). Finally, for this business model to be successful, ideally you should target a niche in which you have already worked and understand pain points and needs. Not only does this make it much easier to get calls booked with prospects, the solutions you build will have much greater value to your clients (meaning you get paid more). A mistake I've seen many AAA operators make (and I blame this on the "Get Rich Quick" YouTubers) is focusing too much on a specific productized service, rather than really understanding the needs of businesses. The former is much done via a SaaS model, but when going the agency route the only thing that makes sense is building custom solutions. This is why I always take a consultant-first approach. You can only build once you understand what they actually need and how certain solutions may impact their operations, workflows, and bottom-line. Basics of How to Get Started Pick a niche. As I mentioned previously, preferably one that you've worked in before. Niches I know of that are actively being bombarded with cold emails include real estate, e-commerce, auto-dealerships, lawyers, and medical offices. There is a reason for this, but I will tell you straight up this business model works well if you target any white-collar service business (internal tools approach) or high volume businesses (customer facing tools approach). Setup your toolbox. If you wanted to start a pressure washing business, you would need a pressure-washer. This is no different. For those without programming knowledge, I've seen two common ways AAA get setup to build- one is having a network of on-call web developers, whether its personal contacts or simply going to Upwork or any talent sourcing agency. The second is having an arsenal of no-code tools. I'll get to this more in a second, but this works beecause at its core, when we are dealing with the practical applications of AI, the code is quite simple, simply put. Start cold sales. Unless you have a network already, this is not a step you can skip. You've already picked a niche, so all you have to do is find the right message. Keep cold emails short, sweet, but enticing- and it will help a lot if you did step 1 correctly and intimately understand who your audience is. I'll be touching base later about how you can leverage AI yourself to help you with outreach and closing. The beauty of gen AI and the AAA model You don't need to be a seasoned web developer to make this business model work. The large majority of solutions that SME clients want is best done using an API for an LLM for the actual AI aspect. The value we create with the solutions we build comes with the conceptual framework and design that not only does what they need it to but integrates smoothly with their existing tech-stack and workflow. The actual implementation is quite straightforward once you understand the high level design and know which tools you are going to use. To give you a sense, even if you plan to build out these apps yourself (say in Python) the large majority of the nitty gritty technical work has already been done for you, especially if you leverage Python libraries and packages that offer high level abstraction for LLM-related functions. For instance, calling GPT can be as little as a single line of code. (And there are no-code tools where these functions are simply an icon on a GUI). Aside from understanding the capabilities and limitations of these tools and frameworks, the only thing that matters is being able to put them in a way that makes sense for what you want to build. Which is why outsourcing and no-code tools both work in our case. Okay... but how TF am I suppposed to actually build out these solutions? Now the fun part. I highly recommend getting familiar with Langchain and LlamaIndex. Both are Python libraires that help a lot with the high-level LLM abstraction I mentioned previously. The two most important aspects include being able to integrate internal data sources/knowledge bases with LLMs, and have LLMs perform autonomous actions. The two most common methods respectively are RAG and output parsing. RAG (retrieval augmented Generation) If you've ever seen a tool that seemingly "trains" GPT on your own data, and wonder how it all works- well I have an answer from you. At a high level, the user query is first being fed to what's called a vector database to run vector search. Vector search basically lets you do semantic search where you are searching data based on meaning. The vector databases then retrieves the most relevant sections of text as it relates to the user query, and this text gets APPENDED to your GPT prompt to provide extra context to the AI. Further, with prompt engineering, you can limit GPT to only generate an answer if it can be found within this extra context, greatly limiting the chance of hallucination (this is where AI makes random shit up). Aside from vector databases, we can also implement RAG with other data sources and retrieval methods, for example SQL databses (via parsing the outputs of LLM's- more on this later). Autonomous Agents via Output Parsing A common need of clients has been having AI actually perform tasks, rather than simply spitting out text. For example, with autonomous agents, we can have an e-commerce chatbot do the work of a basic customer service rep (i.e. look into orders, refunds, shipping). At a high level, what's going on is that the response of the LLM is being used programmtically to determine which API to call. Keeping on with the e-commerce example, if I wanted a chatbot to check shipping status, I could have a LLM response within my app (not shown to the user) with a prompt that outputs a random hash or string, and programmatically I can determine which API call to make based on this hash/string. And using the same fundamental concept as with RAG, I can append the the API response to a final prompt that would spit out the answer for the user. How No Code Tools Can Fit In (With some example solutions you can build) With that being said, you don't necessarily need to do all of the above by coding yourself, with Python libraries or otherwise. However, I will say that having that high level overview will help IMMENSELY when it comes to using no-code tools to do the actual work for you. Regardless, here are a few common solutions you might build for clients as well as some no-code tools you can use to build them out. Ex. Solution 1: AI Chatbots for SMEs (Small and Medium Enterprises) This involves creating chatbots that handle user queries, lead gen, and so forth with AI, and will use the principles of RAG at heart. After getting the required data from your client (i.e. product catalogues, previous support tickets, FAQ, internal documentation), you upload this into your knowledge base and write a prompt that makes sense for your use case. One no-code tool that does this well is MyAskAI. The beauty of it especially for building external chatbots is the ability to quickly ingest entire websites into your knowledge base via a sitemap, and bulk uploading files. Essentially, they've covered the entire grunt work required to do this manually. Finally, you can create a inline or chat widget on your client's website with a few lines of HTML, or altneratively integrate it with a Slack/Teams chatbot (if you are going for an internal Q&A chatbot approach). Other tools you could use include Botpress and Voiceflow, however these are less for RAG and more for building out complete chatbot flows that may or may not incorporate LLMs. Both apps are essentially GUIs that eliminate the pain and tears and trying to implement complex flows manually, and both natively incoporate AI intents and a knowledge base feature. Ex. Solution 2: Internal Apps Similar to the first example, except we go beyond making just chatbots but tools such as report generation and really any sort of internal tool or automations that may incorporate LLM's. For instance, you can have a tool that automatically generates replies to inbound emails based on your client's knowledge base. Or an automation that does the same thing but for replies to Instagram comments. Another example could be a tool that generates a description and screeenshot based on a URL (useful for directory sites, made one for my own :P). Getting into more advanced implementations of LLMs, we can have tools that can generate entire drafts of reports (think 80+ pages), based not only on data from a knowledge base but also the writing style, format, and author voice of previous reports. One good tool to create content generation panels for your clients would be MindStudio. You can train LLM's via prompt engineering in a structured way with your own data to essentially fine tune them for whatever text you need it to generate. Furthermore, it has a GUI where you can dictate the entire AI flow. You can also upload data sources via multiple formats, including PDF, CSV, and Docx. For automations that require interactions between multiple apps, I recommend the OG zapier/make.com if you want a no-code solution. For instance, for the automatic email reply generator, I can have a trigger such that when an email is received, a custom AI reply is generated by MyAskAI, and finally a draft is created in my email client. Or, for an automation where I can create a social media posts on multiple platforms based on a RSS feed (news feed), I can implement this directly in Zapier with their native GPT action (see screenshot) As for more complex LLM flows that may require multiple layers of LLMs, data sources, and APIs working together to generate a single response i.e. a long form 100 page report, I would recommend tools such as Stack AI or Flowise (open-source alternative) to build these solutions out. Essentially, you get most of the functions and features of Python packages such as Langchain and LlamaIndex in a GUI. See screenshot for an example of a flow How the hell are you supposed to find clients? With all that being said, none of this matters if you can't find anyone to sell to. You will have to do cold sales, one way or the other, especially if you are brand new to the game. And what better way to sell your AI services than with AI itself? If we want to integrate AI into the cold outreach process, first we must identify what it's good at doing, and that's obviously writing a bunch of text, in a short amount of time. Similar to the solutions that an AAA can build for its clients, we can take advantage of the same principles in our own sales processes. How to do outreach Once you've identified your niche and their pain points/opportunities for automation, you want to craft a compelling message in which you can send via cold email and cold calls to get prospects booked on demos/consultations. I won't get into too much detail in terms of exactly how to write emails or calling scripts, as there are millions of resources to help with this, but I will tell you a few key points you want to keep in mind when doing outreach for your AAA. First, you want to keep in mind that many businesses are still hesitant about AI and may not understand what it really is or how it can benefit their operations. However, we can take advantage of how mass media has been reporting on AI this past year- at the very least people are AWARE that sooner or later they may have to implement AI into their businesses to stay competitive. We want to frame our message in a way that introduces generative AI as a technology that can have a direct, tangible, and positive impact on their business. Although it may be hard to quantify, I like to include estimates of man-hours saved or costs saved at least in my final proposals to prospects. Times are TOUGH right now, and money is expensive, so you need to have a compelling reason for businesses to get on board. Once you've gotten your messaging down, you will want to create a list of prospects to contact. Tools you can use to find prospects include Apollo.io, reply.io, zoominfo (expensive af), and Linkedin Sales Navigator. What specific job titles, etc. to target will depend on your niche but for smaller companies this will tend to be the owner. For white collar niches, i.e. law, the professional that will be directly benefiting from the tool (i.e. partners) may be better to contact. And for larger organizations you may want to target business improvement and digital transformation leads/directors- these are the people directly in charge of projects like what you may be proposing. Okay- so you have your message, and your list, and now all it comes down to is getting the good word out. I won't be going into the details of how to send these out, a quick Google search will give you hundreds of resources for cold outreach methods. However, personalization is key and beyond simple dynamic variables you want to make sure you can either personalize your email campaigns directly with AI (SmartWriter.ai is an example of a tool that can do this), or at the very least have the ability to import email messages programmatically. Alternatively, ask ChatGPT to make you a Python Script that can take in a list of emails, scrape info based on their linkedin URL or website, and all pass this onto a GPT prompt that specifies your messaging to generate an email. From there, send away. How tf do I close? Once you've got some prospects booked in on your meetings, you will need to close deals with them to turn them into clients. Call #1: Consultation Tying back to when I mentioned you want to take a consultant-first appraoch, you will want to listen closely to their goals and needs and understand their pain points. This would be the first call, and typically I would provide a high level overview of different solutions we could build to tacke these. It really helps to have a presentation available, so you can graphically demonstrate key points and key technologies. I like to use Plus AI for this, it's basically a Google Slides add-on that can generate slide decks for you. I copy and paste my default company messaging, add some key points for the presentation, and it comes out with pretty decent slides. Call #2: Demo The second call would involve a demo of one of these solutions, and typically I'll quickly prototype it with boilerplate code I already have, otherwise I'll cook something up in a no-code tool. If you have a niche where one type of solution is commonly demanded, it helps to have a general demo set up to be able to handle a larger volume of calls, so you aren't burning yourself out. I'll also elaborate on how the final product would look like in comparison to the demo. Call #3 and Beyond: Once the initial consultation and demo is complete, you will want to alleviate any remaining concerns from your prospects and work with them to reach a final work proposal. It's crucial you lay out exactly what you will be building (in writing) and ensure the prospect understands this. Furthermore, be clear and transparent with timelines and communication methods for the project. In terms of pricing, you want to take this from a value-based approach. The same solution may be worth a lot more to client A than client B. Furthermore, you can create "add-ons" such as monthly maintenance/upgrade packages, training sessions for employeees, and so forth, separate from the initial setup fee you would charge. How you can incorporate AI into marketing your businesses Beyond cold sales, I highly recommend creating a funnel to capture warm leads. For instance, I do this currently with my AI tools directory, which links directly to my AI agency and has consistent branding throughout. Warm leads are much more likely to close (and honestly, much nicer to deal with). However, even without an AI-related website, at the very least you will want to create a presence on social media and the web in general. As with any agency, you will want basic a professional presence. A professional virtual address helps, in addition to a Google Business Profile (GBP) and TrustPilot. a GBP (especially for local SEO) and Trustpilot page also helps improve the looks of your search results immensely. For GBP, I recommend using ProfilePro, which is a chrome extension you can use to automate SEO work for your GBP. Aside from SEO optimzied business descriptions based on your business, it can handle Q/A answers, responses, updates, and service descriptions based on local keywords. Privacy and Legal Concerns of the AAA Model Aside from typical concerns for agencies relating to service contracts, there are a few issues (especially when using no-code tools) that will need to be addressed to run a successful AAA. Most of these surround privacy concerns when working with proprietary data. In your terms with your client, you will want to clearly define hosting providers and any third party tools you will be using to build their solution, and a DPA with these third parties listed as subprocessors if necessary. In addition, you will want to implement best practices like redacting private information from data being used for building solutions. In terms of addressing concerns directly from clients, it helps if you host your solutions on their own servers (not possible with AI tools), and address the fact only ChatGPT queries in the web app, not OpenAI API calls, will be used to train OpenAI's models (as reported by mainstream media). The key here is to be open and transparent with your clients about ALL the tools you are using, where there data will be going, and make sure to get this all in writing. have fun, and keep an open mind Before I finish this post, I just want to reiterate the fact that this is NOT an easy way to make money. Running an AI agency will require hours and hours of dedication and work, and constantly rearranging your schedule to meet prospect and client needs. However, if you are looking for a new business to run, and have a knack for understanding business operations and are genuinely interested in the pracitcal applications of generative AI, then I say go for it. The time is ticking before AAA becomes the new dropshipping or SMMA, and I've a firm believer that those who set foot first and establish themselves in this field will come out top. And remember, while 100 thousand people may read this post, only 2 may actually take initiative and start.

I am starting a startup on AI research automation. Looking for feedback!

Hi everyone, I would like to share a product idea that I'm working on. I studied computer science and have worked for Silicon Valley startups for the last 6 years. I'm currently employed full-time at a startup that sells an AI-powered search engine, so I have gained valuable experience in the AI/information retrieval space. I turned 29 last week, and I think it's time for me to start my own business. I've always wanted to run my own tech company, and I feel like now is the right time to begin with an idea. Are you a researcher in any field? Do you often find yourself learning new, highly complex topics and don't know where to start? Google is a great tool for finding answers to specific questions, but what if you don't know what questions to ask? I am developing a "deep search" engine that, given a topic, produces a multi-page report aggregating information from several properly cited sources. It finds and explains different perspectives and ideas related to the topic of interest. You can use it to automate the research process, but it's much more than that because it can help you uncover hidden perspectives, important questions, and ideas that you might not otherwise find when just googling. I welcome any feedback and ideas! Do you think this product would deliver significant value to your life? Why or why not? Would you be willing to pay to use it? I will post updates about this product in this thread in case you want to follow its development and try the product when it's ready.

boring passive site... now 42k monthly visitors and $2540 MRR

people underestimate SEO... It is evergreen... passive... digital real estate. it can do magic... if you are consistent. Especially now with AI you can 2X your traffic growth and automate 85% of the work. For the past 6 months... we've been building an online directory. we just reached $2540 MRR... with SEO only... from a complete zero. I did share this on other subreddits. Maybe this gives ideas to someone. \+ This can be easily replicated if you have a website lol Current metrics: $2540 MRR - businesses pay us to list on the directory + display ads + pay to be featured. 43k monthly visitors - in the past couple of weeks our SEO growth is a hockey stick. DR (Domain Rating) 35 - it took us 2.5 months to get to that. 51 okay-ish quality referring domains (90% of them are do-follow) and 1.6k backlinks. There are probably 3 main pillars I try to focus on: keywords --> which then is the basis for ALL the content pieces we do blogs, landing pages, about us pages, competitor comparisons etc --> we use a DIY excel file to automate content production at scale. backlinks --> boost DR --> one of the main things to boost ranking on google. website health --> this is technical stuff like internal and external linking, schemas, canonical tags, alt texts, load speeds, compressed images, meta descriptions, titles etc --> do this once... and do it GOOD. $0.07 per SEO optimised blog at scale with AI Yep... we've literally built our own SEO blog tool... and it is a Spreadsheet with bunch of app scripts :D NOTE that we add a little bit of human touch to those blogs that are picked up by Google rank top in 25 How it works... is that we paste in bunch of links (other websites, blogs, news articles) and with a click of a button we can get up to 2000 SEO optimised content pieces... from an Excel file... $0.07 per blog. The spreadsheet is integrated with Chat gpt (obviously). We use GPT-4 for meta descriptions, titles, transforming the content from text to html code since it is more powerful, and GPT-4o for content itself because it is cheaper and faster for "general text". The spreadsheet repurposes content. The spreadsheet generates: Meta descriptions and titles FAQs sections - DON'T skip FAQ sections! They are a must for SEO. On Ahrefs... there is a section of questions people are searching about your keyword... that's your FAQs It can find contextual youtube videos (links to those videos) - to show google that our content is not "just text" thus higher quality. Screenshots and images of the original source (the website link we inputed) I then download a csv version of the excel and import it into our Webflow. The csv file column names match our webflow CMS field names. tbh... we didn't even know that it can be done with a spreadsheet. We "tried" building it because every other tool we were using is (1) expensive from $0.59 per SEO content piece (2) they didn't provide the scale we wanted (3) we wanted more control over the output. Focus on DR 35+ backlinks... easier We bought backlinks only once... rest of the backlinks was a manual work from us. Bunch of free listing databases (about 65% of our backlinks) You can comment on open forums with your link to get a backlink (be careful tho) Post a blog on Medium com --> DR 94 backlink (takes time to Index) If you pay for Notion you can get a DR 94 backlink from Notion If you use Beehiiv you can get a DR 86 backlink from Beehiiv Google product stacking (Google sites, Google notes etc) --> backlink from almighty Google itself A lot of work goes into backlinks because they are THAT important. I have tried bunch of "black hat" strategies as well... but note that all of these strategies won't work if you don't index the primary source from where your backlink is coming from. BIG search volume and low KD Key things I'm looking for in keywords: I use Ahrefs Keyword research tool... it is literally free BIG search volume - 2k+ is oaky-ish for a single keyword EASY to rank - KD (keyword difficulty) below 15 Look for long tail keywords (these are golden nuggets since they have a VERY clear search intent) - "how to edit..." "how to change..." "how to delete..." "how to paint..." I hope you got the idea. on Ahrefs you can use "\" to get BIG volume long tail keywords... like this "my keyword\". Ahrefs then populates the "\" with the tail. Check SERP (Search Engine Result Page) for your keywords - it shows current top 10 pages for those KWs. Check their content. Can you improve it? Have they missed anything? Keyword gap from your competitors - shows EASY keywords that your competitors have missed and also shows what keywords overlap with you. Also one cool thing... if you don't type any keywords on Ahrefs and press "Enter"... you can browse all the keywords out there... it is magical. Once we have the keywords, we run our spreadsheet. And that's pretty much it. I hope that you can get some ideas from this little silly project. Also... if you have any questions about this... I might share the SEO blog automation excel file/help if people are interested...

I Recreated An AI Phone Calling Agent That Automated Scheduling And Patient Inquiries For A Hospital

AI has been killing it as of recent when it comes to automating repetitive tasks in businesses, and I've been even more fascinated by how AI voice agents have been impacting various industries. I recently came across a case study about a voice agent that helped a hospital with appointment scheduling, cost reduction and much more. Motivated by the potential of this technology, I decided to build a similar system to see how it could be adapted for other industries. I've added the case study below so that you could see the direct impact this technology is having and how fast it is advancing in todays world. Case Study A multi-specialty hospital was facing a range of operational challenges such as high administrative load, limited 24/7 availability, high operation costs, patient follow ups, answering routine questions and long call wait times. Solution To solve these problems, the hospital implemented an AI voice agent capable of handling various aspects of patient interaction and operations such as: Automated Appointment Scheduling: AI agents seamlessly handled patient appointments, rescheduling, and cancellations. This reduced manual effort by 75%, increased appointment adherence by 30%, and allowed patients to reschedule with ease. 24/7 Multilingual Patient Support: The AI agents utilized advanced Natural Language Processing (NLP) to communicate in six languages. This feature eased communication barriers, leading to a significant boost in guest satisfaction. Handling Patient Inquiries: AI agents answered FAQs about hospital services, procedures, insurance, and general health queries with speed and accuracy, improving the overall patient experience. This reduced the burden on front-desk staff by 60%. Proactive Patient Follow-Ups: The Voice AI agents automated follow-up calls for patients post-treatment, providing reminders for medication, check-ups, and future appointments, improving patient engagement and adherence to treatment plans. Enhanced Call Routing: AI agents routed patient calls based on specific needs without requiring additional staff. This eliminated long waits, improved call response times by 60%, and allowed staff to focus on more critical tasks. Elimination of IVR Systems: The hospital replaced outdated touch-tone IVRs with AI agents that routed calls efficiently without requiring patients to wait in long queues or be transferred among departments. This resulted in a 55% reduction in average call-handling times. Outcome The adoption of AI agents resulted in measurable improvements across various operational and patient care metrics: The hospital achieved a 55% reduction in operational costs by decreasing reliance on human agents for routine tasks and minimizing the need for additional staff. Patient satisfaction scores improved by 35% as a result of faster response times, personalized communication, and proactive patient engagement. Automation of appointment scheduling, follow-ups, and call routing increased overall operational efficiency by 75%. The AI agents supported 12 languages which bridged communication gaps with non-English speaking patients, further enhancing the patient experience. The AI agents reduced call center wait times by 60%, significantly improving patient support and reducing frustration. Appointment reminders and follow-up messages sent by AI agents contributed to a 30% reduction in missed appointments By implementing the AI voice agent, the hospital business enhanced its customer communication and scheduling, while significantly reducing operational costs. I’d love to hear some of your thoughts on this technology and how you see it impacting your and/or other industries.

I run an AI automation agency (AAA). My honest overview and review of this new business model

I started an AI tools directory in February, and then branched off that to start an AI automation agency (AAA) in June. So far I've come across a lot of unsustainable "ideas" to make money with AI, but at the same time a few diamonds in the rough that aren't fully tapped into yet- especially the AAA model. Thought I'd share this post to shine light into this new business model and share some ways you could potentially start your own agency, or at the very least know who you are dealing with and how to pick and choose when you (inevitably) get bombarded with cold emails from them down the line. Foreword Running an AAA does NOT involve using AI tools directly to generate and sell content directly. That ship has sailed, and unless you are happy with $5 from Fiverr every month or so, it is not a real business model. Cry me a river but generating generic art with AI and slapping it onto a T-shirt to sell on Etsy won't make you a dime. At the same time, the AAA model will NOT require you to have a deep theoretical knowledge of AI, or any academic degree, as we are more so dealing with the practical applications of generative AI and how we can implement these into different workflows and tech-stacks, rather than building AI models from the ground up. Regardless of all that, common sense and a willingness to learn will help (a shit ton), as with anything. Keep in mind - this WILL involve work and motivation as well. The mindset that AI somehow means everything can be done for you on autopilot is not the right way to approach things. The common theme of businesses I've seen who have successfully implemented AI into their operations is the willingess to work with AI in a way that augments their existing operations, rather than flat out replace a worker or team. And this is exactly the train of thought you need when working with AI as a business model. However, as the field is relatively unsaturated and hype surrounding AI is still fresh for enterprises, right now is the prime time to start something new if generative AI interests you at all. With that being said, I'll be going over three of the most successful AI-adjacent businesses I've seen over this past year, in addition to some tips and resources to point you in the right direction. so.. WTF is an AI Automation Agency? The AI automation agency (or as some YouTubers have coined it, the AAA model) at its core involves creating custom AI solutions for businesses. I have over 1500 AI tools listed in my directory, however the feedback I've received from some enterprise users is that ready-made SaaS tools are too generic to meet their specific needs. Combine this with the fact virtually no smaller companies have the time or skills required to develop custom solutions right off the bat, and you have yourself real demand. I would say in practice, the AAA model is quite similar to Wordpress and even web dev agencies, with the major difference being all solutions you develop will incorporate key aspects of AI AND automation. Which brings me to my second point- JUST AI IS NOT ENOUGH. Rather than reducing the amount of time required to complete certain tasks, I've seen many AI agencies make the mistake of recommending and (trying to) sell solutions that more likely than not increase the workload of their clients. For example, if you were to make an internal tool that has AI answer questions based on their knowledge base, but this knowledge base has to be updated manually, this is creating unnecessary work. As such I think one of the key components of building successful AI solutions is incorporating the new (Generative AI/LLMs) with the old (programmtic automation- think Zapier, APIs, etc.). Finally, for this business model to be successful, ideally you should target a niche in which you have already worked and understand pain points and needs. Not only does this make it much easier to get calls booked with prospects, the solutions you build will have much greater value to your clients (meaning you get paid more). A mistake I've seen many AAA operators make (and I blame this on the "Get Rich Quick" YouTubers) is focusing too much on a specific productized service, rather than really understanding the needs of businesses. The former is much done via a SaaS model, but when going the agency route the only thing that makes sense is building custom solutions. This is why I always take a consultant-first approach. You can only build once you understand what they actually need and how certain solutions may impact their operations, workflows, and bottom-line. Basics of How to Get Started Pick a niche. As I mentioned previously, preferably one that you've worked in before. Niches I know of that are actively being bombarded with cold emails include real estate, e-commerce, auto-dealerships, lawyers, and medical offices. There is a reason for this, but I will tell you straight up this business model works well if you target any white-collar service business (internal tools approach) or high volume businesses (customer facing tools approach). Setup your toolbox. If you wanted to start a pressure washing business, you would need a pressure-washer. This is no different. For those without programming knowledge, I've seen two common ways AAA get setup to build- one is having a network of on-call web developers, whether its personal contacts or simply going to Upwork or any talent sourcing agency. The second is having an arsenal of no-code tools. I'll get to this more in a second, but this works beecause at its core, when we are dealing with the practical applications of AI, the code is quite simple, simply put. Start cold sales. Unless you have a network already, this is not a step you can skip. You've already picked a niche, so all you have to do is find the right message. Keep cold emails short, sweet, but enticing- and it will help a lot if you did step 1 correctly and intimately understand who your audience is. I'll be touching base later about how you can leverage AI yourself to help you with outreach and closing. The beauty of gen AI and the AAA model You don't need to be a seasoned web developer to make this business model work. The large majority of solutions that SME clients want is best done using an API for an LLM for the actual AI aspect. The value we create with the solutions we build comes with the conceptual framework and design that not only does what they need it to but integrates smoothly with their existing tech-stack and workflow. The actual implementation is quite straightforward once you understand the high level design and know which tools you are going to use. To give you a sense, even if you plan to build out these apps yourself (say in Python) the large majority of the nitty gritty technical work has already been done for you, especially if you leverage Python libraries and packages that offer high level abstraction for LLM-related functions. For instance, calling GPT can be as little as a single line of code. (And there are no-code tools where these functions are simply an icon on a GUI). Aside from understanding the capabilities and limitations of these tools and frameworks, the only thing that matters is being able to put them in a way that makes sense for what you want to build. Which is why outsourcing and no-code tools both work in our case. Okay... but how TF am I suppposed to actually build out these solutions? Now the fun part. I highly recommend getting familiar with Langchain and LlamaIndex. Both are Python libraires that help a lot with the high-level LLM abstraction I mentioned previously. The two most important aspects include being able to integrate internal data sources/knowledge bases with LLMs, and have LLMs perform autonomous actions. The two most common methods respectively are RAG and output parsing. RAG (retrieval augmented Generation) If you've ever seen a tool that seemingly "trains" GPT on your own data, and wonder how it all works- well I have an answer from you. At a high level, the user query is first being fed to what's called a vector database to run vector search. Vector search basically lets you do semantic search where you are searching data based on meaning. The vector databases then retrieves the most relevant sections of text as it relates to the user query, and this text gets APPENDED to your GPT prompt to provide extra context to the AI. Further, with prompt engineering, you can limit GPT to only generate an answer if it can be found within this extra context, greatly limiting the chance of hallucination (this is where AI makes random shit up). Aside from vector databases, we can also implement RAG with other data sources and retrieval methods, for example SQL databses (via parsing the outputs of LLM's- more on this later). Autonomous Agents via Output Parsing A common need of clients has been having AI actually perform tasks, rather than simply spitting out text. For example, with autonomous agents, we can have an e-commerce chatbot do the work of a basic customer service rep (i.e. look into orders, refunds, shipping). At a high level, what's going on is that the response of the LLM is being used programmtically to determine which API to call. Keeping on with the e-commerce example, if I wanted a chatbot to check shipping status, I could have a LLM response within my app (not shown to the user) with a prompt that outputs a random hash or string, and programmatically I can determine which API call to make based on this hash/string. And using the same fundamental concept as with RAG, I can append the the API response to a final prompt that would spit out the answer for the user. How No Code Tools Can Fit In (With some example solutions you can build) With that being said, you don't necessarily need to do all of the above by coding yourself, with Python libraries or otherwise. However, I will say that having that high level overview will help IMMENSELY when it comes to using no-code tools to do the actual work for you. Regardless, here are a few common solutions you might build for clients as well as some no-code tools you can use to build them out. Ex. Solution 1: AI Chatbots for SMEs (Small and Medium Enterprises) This involves creating chatbots that handle user queries, lead gen, and so forth with AI, and will use the principles of RAG at heart. After getting the required data from your client (i.e. product catalogues, previous support tickets, FAQ, internal documentation), you upload this into your knowledge base and write a prompt that makes sense for your use case. One no-code tool that does this well is MyAskAI. The beauty of it especially for building external chatbots is the ability to quickly ingest entire websites into your knowledge base via a sitemap, and bulk uploading files. Essentially, they've covered the entire grunt work required to do this manually. Finally, you can create a inline or chat widget on your client's website with a few lines of HTML, or altneratively integrate it with a Slack/Teams chatbot (if you are going for an internal Q&A chatbot approach). Other tools you could use include Botpress and Voiceflow, however these are less for RAG and more for building out complete chatbot flows that may or may not incorporate LLMs. Both apps are essentially GUIs that eliminate the pain and tears and trying to implement complex flows manually, and both natively incoporate AI intents and a knowledge base feature. Ex. Solution 2: Internal Apps Similar to the first example, except we go beyond making just chatbots but tools such as report generation and really any sort of internal tool or automations that may incorporate LLM's. For instance, you can have a tool that automatically generates replies to inbound emails based on your client's knowledge base. Or an automation that does the same thing but for replies to Instagram comments. Another example could be a tool that generates a description and screeenshot based on a URL (useful for directory sites, made one for my own :P). Getting into more advanced implementations of LLMs, we can have tools that can generate entire drafts of reports (think 80+ pages), based not only on data from a knowledge base but also the writing style, format, and author voice of previous reports. One good tool to create content generation panels for your clients would be MindStudio. You can train LLM's via prompt engineering in a structured way with your own data to essentially fine tune them for whatever text you need it to generate. Furthermore, it has a GUI where you can dictate the entire AI flow. You can also upload data sources via multiple formats, including PDF, CSV, and Docx. For automations that require interactions between multiple apps, I recommend the OG zapier/make.com if you want a no-code solution. For instance, for the automatic email reply generator, I can have a trigger such that when an email is received, a custom AI reply is generated by MyAskAI, and finally a draft is created in my email client. Or, for an automation where I can create a social media posts on multiple platforms based on a RSS feed (news feed), I can implement this directly in Zapier with their native GPT action (see screenshot) As for more complex LLM flows that may require multiple layers of LLMs, data sources, and APIs working together to generate a single response i.e. a long form 100 page report, I would recommend tools such as Stack AI or Flowise (open-source alternative) to build these solutions out. Essentially, you get most of the functions and features of Python packages such as Langchain and LlamaIndex in a GUI. See screenshot for an example of a flow How the hell are you supposed to find clients? With all that being said, none of this matters if you can't find anyone to sell to. You will have to do cold sales, one way or the other, especially if you are brand new to the game. And what better way to sell your AI services than with AI itself? If we want to integrate AI into the cold outreach process, first we must identify what it's good at doing, and that's obviously writing a bunch of text, in a short amount of time. Similar to the solutions that an AAA can build for its clients, we can take advantage of the same principles in our own sales processes. How to do outreach Once you've identified your niche and their pain points/opportunities for automation, you want to craft a compelling message in which you can send via cold email and cold calls to get prospects booked on demos/consultations. I won't get into too much detail in terms of exactly how to write emails or calling scripts, as there are millions of resources to help with this, but I will tell you a few key points you want to keep in mind when doing outreach for your AAA. First, you want to keep in mind that many businesses are still hesitant about AI and may not understand what it really is or how it can benefit their operations. However, we can take advantage of how mass media has been reporting on AI this past year- at the very least people are AWARE that sooner or later they may have to implement AI into their businesses to stay competitive. We want to frame our message in a way that introduces generative AI as a technology that can have a direct, tangible, and positive impact on their business. Although it may be hard to quantify, I like to include estimates of man-hours saved or costs saved at least in my final proposals to prospects. Times are TOUGH right now, and money is expensive, so you need to have a compelling reason for businesses to get on board. Once you've gotten your messaging down, you will want to create a list of prospects to contact. Tools you can use to find prospects include Apollo.io, reply.io, zoominfo (expensive af), and Linkedin Sales Navigator. What specific job titles, etc. to target will depend on your niche but for smaller companies this will tend to be the owner. For white collar niches, i.e. law, the professional that will be directly benefiting from the tool (i.e. partners) may be better to contact. And for larger organizations you may want to target business improvement and digital transformation leads/directors- these are the people directly in charge of projects like what you may be proposing. Okay- so you have your message, and your list, and now all it comes down to is getting the good word out. I won't be going into the details of how to send these out, a quick Google search will give you hundreds of resources for cold outreach methods. However, personalization is key and beyond simple dynamic variables you want to make sure you can either personalize your email campaigns directly with AI (SmartWriter.ai is an example of a tool that can do this), or at the very least have the ability to import email messages programmatically. Alternatively, ask ChatGPT to make you a Python Script that can take in a list of emails, scrape info based on their linkedin URL or website, and all pass this onto a GPT prompt that specifies your messaging to generate an email. From there, send away. How tf do I close? Once you've got some prospects booked in on your meetings, you will need to close deals with them to turn them into clients. Call #1: Consultation Tying back to when I mentioned you want to take a consultant-first appraoch, you will want to listen closely to their goals and needs and understand their pain points. This would be the first call, and typically I would provide a high level overview of different solutions we could build to tacke these. It really helps to have a presentation available, so you can graphically demonstrate key points and key technologies. I like to use Plus AI for this, it's basically a Google Slides add-on that can generate slide decks for you. I copy and paste my default company messaging, add some key points for the presentation, and it comes out with pretty decent slides. Call #2: Demo The second call would involve a demo of one of these solutions, and typically I'll quickly prototype it with boilerplate code I already have, otherwise I'll cook something up in a no-code tool. If you have a niche where one type of solution is commonly demanded, it helps to have a general demo set up to be able to handle a larger volume of calls, so you aren't burning yourself out. I'll also elaborate on how the final product would look like in comparison to the demo. Call #3 and Beyond: Once the initial consultation and demo is complete, you will want to alleviate any remaining concerns from your prospects and work with them to reach a final work proposal. It's crucial you lay out exactly what you will be building (in writing) and ensure the prospect understands this. Furthermore, be clear and transparent with timelines and communication methods for the project. In terms of pricing, you want to take this from a value-based approach. The same solution may be worth a lot more to client A than client B. Furthermore, you can create "add-ons" such as monthly maintenance/upgrade packages, training sessions for employeees, and so forth, separate from the initial setup fee you would charge. How you can incorporate AI into marketing your businesses Beyond cold sales, I highly recommend creating a funnel to capture warm leads. For instance, I do this currently with my AI tools directory, which links directly to my AI agency and has consistent branding throughout. Warm leads are much more likely to close (and honestly, much nicer to deal with). However, even without an AI-related website, at the very least you will want to create a presence on social media and the web in general. As with any agency, you will want basic a professional presence. A professional virtual address helps, in addition to a Google Business Profile (GBP) and TrustPilot. a GBP (especially for local SEO) and Trustpilot page also helps improve the looks of your search results immensely. For GBP, I recommend using ProfilePro, which is a chrome extension you can use to automate SEO work for your GBP. Aside from SEO optimzied business descriptions based on your business, it can handle Q/A answers, responses, updates, and service descriptions based on local keywords. Privacy and Legal Concerns of the AAA Model Aside from typical concerns for agencies relating to service contracts, there are a few issues (especially when using no-code tools) that will need to be addressed to run a successful AAA. Most of these surround privacy concerns when working with proprietary data. In your terms with your client, you will want to clearly define hosting providers and any third party tools you will be using to build their solution, and a DPA with these third parties listed as subprocessors if necessary. In addition, you will want to implement best practices like redacting private information from data being used for building solutions. In terms of addressing concerns directly from clients, it helps if you host your solutions on their own servers (not possible with AI tools), and address the fact only ChatGPT queries in the web app, not OpenAI API calls, will be used to train OpenAI's models (as reported by mainstream media). The key here is to be open and transparent with your clients about ALL the tools you are using, where there data will be going, and make sure to get this all in writing. have fun, and keep an open mind Before I finish this post, I just want to reiterate the fact that this is NOT an easy way to make money. Running an AI agency will require hours and hours of dedication and work, and constantly rearranging your schedule to meet prospect and client needs. However, if you are looking for a new business to run, and have a knack for understanding business operations and are genuinely interested in the pracitcal applications of generative AI, then I say go for it. The time is ticking before AAA becomes the new dropshipping or SMMA, and I've a firm believer that those who set foot first and establish themselves in this field will come out top. And remember, while 100 thousand people may read this post, only 2 may actually take initiative and start.

Watched 8 hours of MrBeast's content. Here are 7 psychological strategies he's used to get 34 billion views

MrBeast can fill giant stadiums and launch 8-figure candy companies on demand. He’s unbelievably popular. Recently, I listened to the brilliant marketer Phill Agnew (from The Nudge podcast) being interviewed on the Creator Science podcast. The episode focused on how MrBeast’s near-academic understanding of audience psychology is the key to his success. Better than anyone, MrBeast knows how to get you: \- Click on his content (increase his click-through rate) \- Get you to stick around (increase his retention rate) He gets you to click by using irresistible thumbnails and headlines. I watched 8 hours of his content. To build upon Phil Agnew’s work, I made a list of 7 psychological effects and biases he’s consistently used to write headlines that get clicked into oblivion. Even the most aggressively “anti-clickbait” purists out there would benefit from learning the psychology of why people choose to click on some content over others. Ultimately, if you don’t get the click, it really doesn’t matter how good your content is. Novelty Effect MrBeast Headline: “I Put 100 Million Orbeez In My Friend's Backyard” MrBeast often presents something so out of the ordinary that they have no choice but to click and find out more. That’s the “novelty effect” at play. Our brain’s reward system is engaged when we encounter something new. You’ll notice that the headline examples you see in this list are extreme. MrBeast takes things to the extreme. You don’t have to. Here’s your takeaway: Consider breaking the reader/viewer’s scrolling pattern by adding some novelty to your headlines. How? Here are two ways: Find the unique angle in your content Find an unusual character in your content Examples: “How Moonlight Walks Skyrocketed My Productivity”. “Meet the Artist Who Paints With Wine and Chocolate.” Headlines like these catch the eye without requiring 100 million Orbeez. Costly Signaling MrBeast Headline: "Last To Leave $800,000 Island Keeps It" Here’s the 3-step click-through process at play here: MrBeast lets you know he’s invested a very significant amount of time and money into his content. This signals to whoever reads the headline that it's probably valuable and worth their time. They click to find out more. Costly signaling is all amount showcasing what you’ve invested into the content. The higher the stakes, the more valuable the content will seem. In this example, the $800,000 island he’s giving away just screams “This is worth your time!” Again, they don’t need to be this extreme. Here are two examples with a little more subtlety: “I built a full-scale botanical garden in my backyard”. “I used only vintage cookware from the 1800s for a week”. Not too extreme, but not too subtle either. Numerical Precision MrBeast knows that using precise numbers in headlines just work. Almost all of his most popular videos use headlines that contain a specific number. “Going Through The Same Drive Thru 1,000 Times" “$456,000 Squid Game In Real Life!” Yes, these headlines also use costly signaling. But there’s more to it than that. Precise numbers are tangible. They catch our eye, pique our curiosity, and add a sense of authenticity. “The concreteness effect”: Specific, concrete information is more likely to be remembered than abstract, intangible information. “I went through the same drive thru 1000 times” is more impactful than “I went through the same drive thru countless times”. Contrast MrBeast Headline: "$1 vs $1,000,000 Hotel Room!" Our brains are drawn to stark contrasts and MrBeast knows it. His headlines often pit two extremes against each other. It instantly creates a mental image of both scenarios. You’re not just curious about what a $1,000,000 hotel room looks like. You’re also wondering how it could possibly compare to a $1 room. Was the difference wildly significant? Was it actually not as significant as you’d think? It increases the audience’s \curiosity gap\ enough to get them to click and find out more. Here are a few ways you could use contrast in your headlines effectively: Transformational Content: "From $200 to a $100M Empire - How A Small Town Accountant Took On Silicon Valley" Here you’re contrasting different states or conditions of a single subject. Transformation stories and before-and-after scenarios. You’ve got the added benefit of people being drawn to aspirational/inspirational stories. Direct Comparison “Local Diner Vs Gourmet Bistro - Where Does The Best Comfort Food Lie?” Nostalgia MrBeast Headline: "I Built Willy Wonka's Chocolate Factory!" Nostalgia is a longing for the past. It’s often triggered by sensory stimuli - smells, songs, images, etc. It can feel comforting and positive, but sometimes bittersweet. Nostalgia can provide emotional comfort, identity reinforcement, and even social connection. People are drawn to it and MrBeast has it down to a tee. He created a fantasy world most people on this planet came across at some point in their childhood. While the headline does play on costly signaling here as well, nostalgia does help to clinch the click and get the view. Subtle examples of nostalgia at play: “How this \[old school cartoon\] is shaping new age animation”. “\[Your favorite childhood books\] are getting major movie deals”. Morbid Curiosity MrBeast Headline: "Surviving 24 Hours Straight In The Bermuda Triangle" People are drawn to the macabre and the dangerous. Morbid curiosity explains why you’re drawn to situations that are disturbing, frightening, or gruesome. It’s that tension between wanting to avoid harm and the irresistible desire to know about it. It’s a peculiar aspect of human psychology and viral content marketers take full advantage of it. The Bermuda Triangle is practically synonymous with danger. The headline suggests a pretty extreme encounter with it, so we click to find out more. FOMO And Urgency MrBeast Headline: "Last To Leave $800,000 Island Keeps It" “FOMO”: the worry that others may be having fulfilling experiences that you’re absent from. Marketers leverage FOMO to drive immediate action - clicking, subscribing, purchasing, etc. The action is driven by the notion that delay could result in missing out on an exciting opportunity or event. You could argue that MrBeast uses FOMO and urgency in all of his headlines. They work under the notion that a delay in clicking could result in missing out on an exciting opportunity or event. MrBeast’s time-sensitive challenge, exclusive opportunities, and high-stakes competitions all generate a sense of urgency. People feel compelled to watch immediately for fear of missing out on the outcome or being left behind in conversations about the content. Creators, writers, and marketers can tap into FOMO with their headlines without being so extreme. “The Hidden Parisian Cafe To Visit Before The Crowds Do” “How \[Tech Innovation\] Will Soon Change \[Industry\] For Good” (Yep, FOMO and urgency are primarily responsible for the proliferation of AI-related headlines these days). Why This All Matters If you don’t have content you need people to consume, it probably doesn’t! But if any aspect of your online business would benefit from people clicking on things more, it probably does. “Yes, because we all need more clickbait in this world - \eye-roll emoji\” - Disgruntled Redditor I never really understood this comment but I seem to get it pretty often. My stance is this: If the content delivers what the headline promises, it shouldn’t be labeled clickbait. I wouldn’t call MrBeast’s content clickbait. The fact is that linguistic techniques can be used to drive people to consume some content over others. You don’t need to take things to the extremes that MrBeast does to make use of his headline techniques. If content doesn’t get clicked, it won’t be read, viewed, or listened to - no matter how brilliant the content might be. While “clickbait” content isn’t a good thing, we can all learn a thing or two from how they generate attention in an increasingly noisy digital world.

What’s a good business idea that isn’t oversaturated in 2025?

I feel like every niche I look into is already flooded with competition. Dropshipping? Oversaturated. Digital marketing agencies? Everyone and their dog has one. AI tools? Big companies are eating up the space. What are some business ideas that still have room for growth in 2025? Ideally, something with low startup costs but high potential.

Looking for a business co-founder for my AI startup in manufacturing.

I spent over a decade as a Senior Software Developer building manufacturing optimization products for global enterprises across the Americas and Europe. It’s a million-dollar industry, and I have strong connections with multinational clients. With AI advancements, there’s a huge opportunity to disrupt the market. My plan is to offer locally hosted AI-powered applications with an option for private cloud deployment. I already have 4–5 high-impact use cases, each of which can be built in a month. I’m looking for a business partner—ideally someone with deep expertise in manufacturing and strong connections in Europe, the USA, China, or India. I’ll handle the tech; you drive the business. Beyond optimization, I have additional solid use cases—some aligned with what YC-backed companies are doing. I found a YC company working on something similar, which I can share in DM.

How I went from $27 to $3K as a solopreneur still in a 9-5

My journey started back in November 2023. I was scrolling through Twitter and YouTube and saw a word that I had never come across before. Solopreneur. The word caught my eye. Mainly because I was pretty sure I knew what it meant even though it's not a word you'll find in the dictionary. I liked what it was describing. A solo entrepreneur. A one man business. It completely resonated with me. As a software engineer by trade I'm used to working alone, especially since the pandemic hit and we were forced to work remotely. See, I always wanted to ditch the 9-5 thing but thought that was too big and too scary for a single person to do. Surely you would need a lot of money to get started, right? Surely you would need investors? The whole concept seemed impossible to me. That was until I found all the success stories. I became obsessed with the concept of solopreneurship. As I went further down the rabbit hole I found people like Justin Welsh, Kieran Drew and Marc Louvion to name a few. All of whom have one person businesses making huge money every year. So I thought, if they can do it, why can't I? People like this have cleared the pathway for those looking to escape the 9-5 grind. I decided 2024 would be the year I try this out. My main goal for the year? Build a one man business, earn my first $ online and learn a sh\*t ton along the way. My main goal in general? Build my business to $100K per year, quit my 9-5 and live with freedom. From December 2023 to February 2024 I began brainstorming ideas. I was like a lost puppy looking for his ball. How on earth did people find good ideas? I began writing everything and anything that came to mind down in my notes app on my phone. By February I would have approximately 70 ideas. Each as weird and whacky as the other. I was skeptical though. If I went through all the trouble of building a product for one of these ideas how would I know if anyone would even be interested in using it? I got scared and took a break for a week. All these ideas seemed too big and the chance that they would take off into the atmosphere was slim (in my mind anyways). I was learning more and more about solopreneurship as the weeks went on so I decided to build a product centered around everything I was learning about. The idea was simple. Enter a business idea and use AI to give the user details about how to market it, who their target customers were, what to write on their landing page, etc. All for a measly $27 per use. I quickly built it and launched on March 3rd 2024. I posted about it on Indie Hackers, Reddit and Hacker News. I was so excited about the prospect of earning my first internet $! Surely everyone wanted to use my product! Nope...all I got was crickets. I was quickly brought back down to earth. That was until 5 days later. I looked at my phone and had a new Stripe notification! Cha-ching! My first internet $. What a feeling! That was goal number 1 complete. It would be another 6 days before I would get my second sale...and then another 15 days to get my third. It was an emotional rollercoaster. I went from feeling like quitting the 9-5 was actually possible to thinking that maybe the ups and downs aren't worth it. On one hand I had made my first internet dollar so I should my ecstatic, and don't get me wrong, I was but I wanted more. More validation that I could do this long term. By May I was starting to give up on the product. I had learned so much in the past few months about marketing, SEO, building an audience, etc. and I wanted to build something that I thought could have more success so I focused on one critical thing that I had learned about. What was it? Building a product that had SEO potential. A product that I knew hundreds of people were looking for. See this was my thinking - If I could find a keyword that people were searching for on Google hundreds/thousands of times every month and it was easy to rank high on search engines then I would go all in (in SEO land this equates to a Keyword that has a Keyword Difficulty of = 500). I began researching and found that the keyword "micro saas ideas" was being searched for around 600 times each month. Micro Saas was something that really interested me. It was perfect for solopreneurs. Small software products that 1 person could build. What's not to like if you're in the game of software and solopreneurship? Researching keywords like this became like a game for me. I was hooked. I was doing it every day, finding gems that were being searched for hundreds and thousands of times every month that still had potential. That's when I came up with my next product idea. I decided to create a database of Micro Saas Ideas all with this sort of SEO potential. See if you can build a product that you know people are looking for then that's all the validation you need. So I put this theory to the test. I created a database of Micro Saas Ideas with SEO Potential and launched it in June 2024. This time it was different. I made $700 in the first week of launching. A large contrast to my previous failed attempt at becoming the worlds greatest solopreneur. Since launch I have grown the product to $3K and I couldn't be happier. I know what you're saying, $3K isn't a lot. But it's validation. It's validation that I can earn $ online. Validation that I can grow a business and it gives me hope that one day I'll be able to quit that 9-5 grind. My plan is to keep growing the business. I expect there to be a few challenges up ahead but I'll tackle them as I go and learn from the failures and successes. I have a newsletter where I share Micro Saas Ideas with SEO potential every week which I'll leave below in the first comment. Feel free to come along for the ride. If not I hope this post brings you some value If you're thinking about starting as a solopreneur, stop thinking and start doing, you won't regret it.

Whisper transcription on Android for SMB use- possible?

Anyone know of any Android STT transcription apps that use the OpenAI Whisper API, that we can just plug our API keys into? Really all I want is a nice GUI that allows me to speak to my phone, call the Whisper API to transcribe the recorded file, and then output the transcription in copy-able text. A note on the chatgpt app: I understand that the official chatgpt app uses Whisper, but anyone who's attempted to use it for transcription purposes will know it often fails on longer recordings (nb. anything over 5 minutes). It certainly can't handle a whole meeting transcription or highly detailed, long-form spoken prompts like the real API can.

This founder was about to shut down his business and open a restaurant. He pivoted the business and grew it to $45m ARR in 12 months. What other businesses can scale like this?

I heard that Jasper scaled to $45m ARR in 12 months...with a team of 8. For context, they are one of the fastest-growing companies ever. Grew from $0 to $45m ARR in 12 months (then raised $125m at a $1.5b valuation). As a fellow founder, their story is really inspiring to me (curious about what others think): In December 2020, Dave Rogenmoser and his co-founders were on the brink of shutting down their business. They'd spent 3+ years building a conversion optimization software called Proof...and it was flatlining. A few weeks prior they had to make the painful decision to let go of half their team. Competition and churn had completely eroded growth. Things were painful. 8 years of work left them with a string of startups that never quite made it: 2 failed software businesses (couldn't make money*) A SMB marketing agency (maxed out at $25k/mo*) An online course company (hard to get big*) The Pivot: In January 2021, they had an idea to use Chat GPT-3, the generative AI model released 6 months earlier, to write high-converting Facebook ads. Within 30 days, they launched the business. With the skeleton crew remaining from the last startup, they scaled the business to $45m ARR and 70,000+ customers without hiring a single new person. Soon after, they raised $125m at a $1.5b valuation. Dave Rogenmoser, CEO at Jasper, had some great one-liners in a few podcasts I listened to on the business. Here are some of his learnings: Right Skill, Wrong Vehicle: He spent 8 years building marketing businesses which gave this team the knowledge and confidence to spend $1m/mo on sales and marketing to scale the business to $45m ARR in year 1. Launch Fast & Iterate Quickly: The team agreed that if the business didn't work in 30 days, they'd shut it down. Dave says, "If you have been working on a problem for more than 18 months and haven't found Product market fit (PMF), odds are you won't...Make the hard pivot."* Ride A Big Wave: Generative AI technology is a new technology that is changing the way we work. But it's not just text. It's images, voice, etc. Identify new customer segments (e.g., Municipalities, Banks, Lawyers, etc.), learn their problems, and apply this novel technology to solve them. What other businesses have you seen scale like this? I've never seen a SaaS business grow that fast. I meet interesting founders 2x per week and share the learnings here.

I’m building a “DesignPickle” for all things Funnels. Would love your feedback...

Hey Entrepreneurs, Early next year I’m rolling out a productized service business along the lines of Design Pickle, but instead of design assets, we create on-demand marketing assets: Things like landing pages, lead magnets, email campaigns, etc. This is NOT an agency with client engagements, etc.  It is an on-demand, menu-item style fulfillment platform where we do a few predefined things really, really well, and as much as possible try to reduce the complexity (and required customer inputs) so that creating your next killer Funnel is as easy as ordering dinner on Skip the Dishes. Below I’ve laid out our current thinking (we’re still distilling this into a deck), just so you have the full context.  And at the end, I pose 5 feedback questions. So if this “deck” seems interesting to you, then I’d love to get your feedback at the end 🙂 Thanks! And here goes... \--- The current elevator pitch:  We will research your business, your market and your competitors to develop a killer Lead Magnet, Landing Page, Ad Creatives and a 30-Day Email Drip campaign designed to turn your traffic into a rabid, lifelong buyer tribe (that you can email for years... like having your own, on-demand cash printer).  The overall thesis:  While AI is getting continually better at creating things like one-off graphics, article content, and so on - we do not think it can deeply understand market psychology, what keeps your customers up at night, or the underlying emotions that drive purchase decisions at the individual level, for your specific offer(s). Moreover, it’s also this psychological aspect of marketing where most businesses simply do not have the talent, resources or frankly the experience to create high-performing funnels themselves, regardless of how much "automation" they might have at their fingertips. And that’s because this is where you need to know who your customer really is, and what they’re actually buying (hint: not your features). Few marketers focus on these fundamentals, let alone understand the selling process. This is also why tools like ClickFunnels, HighLevel, LeadPages, etc. while very helpful, can only help with the logistics of selling. It’s still on each business to figure out how to actually tell their story, capture demand, and sell effectively. This is why a productized service that nails market research, competitor analysis & world-class copywriting that can actually turn cold traffic into lifelong customers is going to be a no-brainer for a business that’s currently struggling to actually get a steady flow of online sales. This is not something we see AI replacing effectively, any time soon. Current gaps & unknowns:  At a top level, I’m not overly worried about validation or viability; there are several existing competitors, and obviously the automation platforms have substantial customer bases (ClickFunnels etc). There will be a certain cohort that will want experts to do the actual thinking for them, storytelling, etc. Even if it’s a relatively small cohort, given the CLTV of a service like this, it still makes for a decent sized business. But where I’m less confident is in who our ideal customer actually is... Yes, basically every direct-response internet business needs an effective funnel that can sell. Whether you’re an Enterprise SaaS platform or a solopreneur launching your first $39 ebook, you will benefit from a killer funnel. As a “DesignPickle” type service though, here’s the challenges I see with each core customer category... B2B SaaS: While sales decisions are still emotional, it’s more about account-based considerations; people usually aren’t spending their own money, so it’s more about not looking stupid vs. gaining some benefit. Harder to systemize. Very high stakes. Consumer / SMB SaaS: While I think in general these are ideal customers, there will be resistance to leaning in hard on personality (and personal brand); founders usually want to sell at some point, so if they become the face of the platform, then boosting performance with a high-personality funnel might ironically make it a harder business to sell. SaaS founders are also generally very technical and stereotypically avoid marketing like the plague. Ecommerce: Most DTC brands think of funnels as an extension of their FB ad campaigns; few see their customers as a long-term audience that can become a significant asset. However, certain lifestyle / luxury brands might differ. Online Courses / Coaches: Of all the customer profiles, this group probably has the most appreciation for the effectiveness of marketing psychology, copywriting, etc. and would get the value prop quickly. The problem is that most won’t have the budget or traction to outsource asset creation. This is the “poorest” segment of the market. Service Businesses: Agencies, consultancies, and so on would greatly benefit from having a strong personal brand + storytelling premise (funnel). However, they’re also the worst offenders when it comes to never practicing what they preach / do for others. Client work soaks up all their resources. Local & Brick/Mortar: Generally speaking most local businesses are going to have smaller audiences (email lists under 2K subs), where funnel ops might have limited value long-term due to a lack of scale. And for larger B&M brands with franchises across various locations, you get into stakeholder friction; messaging usually gets watered down to basic corporate-speak as a result. Now, to be clear, I still see a ton of opportunity in each of those main customer categories as well, but I like to be clear-eyed about the overall resistance each niche will have - mainly because this helps to refine messaging to an ideal customer profile within them. In this case though, so far, nothing’s really jumping out at me as a clear “winner” at a category level. So far, what I’m thinking is our ICP might be situational / conditional. For example: A business has a funnel / is invested in the process, but it’s not working yet A business sees their competitor killing it with a funnel, and they’re ultra motivated to do it even better A business has one funnel that’s working awesome, and everything else they try sucks (so they can’t scale / expand) Etc. Basically, our most ideal customer might be ANY type of business who gets it, who’s tried to do this themselves, and now needs the pros to come in and fix things. \--- This is where your feedback would be incredibly valuable... First, if you’ve made it all the way down to this point - thanks for enduring my rambling mess above! But I did think the context might be helpful. Based on our overall biz plan & go-to-market considerations discussed above, if you run a business (or work with one) that might benefit from something like this, I’d love to ask a few questions... What is the nature of your business? (What do you sell)? What do you find hardest about selling to your online audience? Have you built a funnel in the past / are you running one currently? If not, what’s stopping you from building a high-performing funnel? If you had a “magic marketing lamp” where a genie could create ONE amazing marketing asset for you (eg. a killer landing page, video ad, launch strategy, etc), but you could only use it ONCE, what would you have the genie do for you? Please reply below as a comment, or DM me if you’d prefer to keep answers anonymous.  Thanks so much And again, apologies for the novel... Cheers

5 no-code tools to build your website fast and easy.

Hey, reddittors👋 Want to build a website but don't know how to code? 🥺 No problem! There are a number of no-code tools available that can help you create a professional-looking website without any coding knowledge. 👇 Carrd Carrd is a free website builder that allows you to create simple, one-page websites, profile pages, portfolios and forms with super-easy-to learn editor. It's a great option for people who want to create a website quickly and easily without having to learn how to code. Carrd has 16 website design elements, such as text, audio, video, images, buttons, tables, galleries, and code embeds that can be used to define the structure of your website. Pros: Easy to use, affordable (free/$19 per year plans), variety of templates, widgets (PayPal, Gumroad, Stripe, Typeform, etc), responsive out of the box, has some basic animations. Cons: Lack of design freedom, hard to build a scalable website, most of the templates looks design outdated, not suitable for blogs and online stores. Best for: Solo entrepreneurs, Artists, Photographers, Copywriters, SMB’s with no design/development background. Framer Primarily aimed at designers, Framer is a no-code tool that let’s you create highly-customized websites that vary from simple landing pages to multi-page company websites. It has all the necessary building blocks and features to create any website your company might need. It’s even has an AI websites builder built in! Pros: Complete design freedom, powerful animation engine, content management system (CMS), Easy to pick up for designers, plenty of learning resources, code embeds, SEO settings, affordable ($19/month), collaboration (you can invite team to work with you on the website simultaneously), library of prebuilt components, Figma-to-Framer plugin that lets you copy-paste designs into Framer with ease. Cons: Learning curve, not the best pick for bulky websites. Best for: Freelance designers & agencies, In-house design teams WordPress WordPress is a free and open-source content management system (CMS). It is the most popular website builder in the world, powering over 455 million websites. It has all features you might need to build a landing page, multi-page website, blogs, ecommerce stores, gated content websites, etc. Pros: Tons of learning materials, highly customizable, SEO-friendly, scalability, lots of plugins and themes, large community Cons: Security vulnerabilities, learning curve, website maintenance required, performance issues, dependency on plugins. Best for: Freelance designers & agencies, In-house design teams, solo entrepreneurs, SMB’s, bloggers. &#x200B; Wix Wix is a popular website builder that has gained immense popularity for its user-friendly interface and a wide range of features designed to cater to both beginners and experienced web creators. Offering an array of customizable templates, drag-and-drop functionality, and an impressive app market, Wix empowers users to bring their online visions to life without requiring extensive technical knowledge. Pros: Easy-to-use, robust learning resources, scalability, huge template library, e-commerce tools, feature-rich (app market, appointment booking, etc) Cons: Limited design flexibility, \\\\not so flexible, websites may be slow, bad customer support, limited SEO features Best for: Freelance designers & agencies, In-house design teams, solo entrepreneurs, SMB’s. &#x200B; Webflow Webflow is a no-code platform that lets you build any type of website visually, from marketing landing pages to multi-page corporate websites, gated content websites, blogs, portfolios, and ecommerce stores. It is a powerful and versatile tool that is suitable for a variety of users, including businesses that care about design and want to move quickly. Pros: Absolute design freedom, Robust learning resources, SEO-friendly, scalability, huge template library, large and supportive community, Integrations, Advanced SEO control, custom code, website export, powerful animation engine and CMS. Cons: learning curve, not for massive ecommerce stores, high pricing, Webflow support. Best for: Freelance designers & agencies, In-house design teams, solo entrepreneurs, SMB’s. &#x200B; Bonus tools: Hubspot landing pages — Marketing-oriented landing page builder. Instapage — Great for businesses that use paid advertising, as it offers A/B testing and heatmaps to help you optimize your landing pages for better results Unicorn Platform — SaaS-oriented landing page builder. \---------- Resume: If you have a budget and need a tool with strong design capabilities, scalability, and speed of build, then Webflow is a good choice. Framer is a great option for teams with a single designer, as it is easy for designers to learn and use. Or try Unicorn Platform, if you're running a SaaS business on your own and tight on a budget. No matter which tool you choose, you can create a well-designed website by using the extensive template library that each tool offers. These templates can be customized to fit your specific needs and branding.

This founder was about to shut down his startup and open a restaurant. He pivoted the business and grew it to $45m ARR in 12 months. What else have you seen grow that fast?

I heard that Jasper scaled to $45m ARR in 12 months...with a team of 8. For context, they are one of the fastest-growing companies ever. Grew from $0 to $45m ARR in 12 months (then raised $125m at a $1.5b valuation). As a fellow founder, their story is really inspiring to me (curious about what others think): In December 2020, Dave Rogenmoser and his co-founders were on the brink of shutting down their business. They'd spent 3+ years building a conversion optimization software called Proof...and it was flatlining. A few weeks prior they had to make the painful decision to let go of half their team. Competition and churn had completely eroded growth. Things were painful. 8 years of work left them with a string of startups that never quite made it: 2 failed software businesses (couldn't make money*) A SMB marketing agency (maxed out at $25k/mo*) An online course company (hard to get big*) The Pivot: In January 2021, they had an idea to use Chat GPT-3, the generative AI model released 6 months earlier, to write high-converting Facebook ads. Within 30 days, they launched the business. With the skeleton crew remaining from the last startup, they scaled the business to $45m ARR and 70,000+ customers without hiring a single new person. Soon after, they raised $125m at a $1.5b valuation. Dave Rogenmoser, CEO at Jasper, had some great one-liners in a few podcasts I listened to on the business. Here are some of his learnings: Right Skill, Wrong Vehicle: He spent 8 years building marketing businesses which gave this team the knowledge and confidence to spend $1m/mo on sales and marketing to scale the business to $45m ARR in year 1. Launch Fast & Iterate Quickly: The team agreed that if the business didn't work in 30 days, they'd shut it down. Dave says, "If you have been working on a problem for more than 18 months and haven't found Product market fit (PMF), odds are you won't...Make the hard pivot."* Ride A Big Wave: Generative AI technology is a new technology that is changing the way we work. But it's not just text. It's images, voice, etc. Identify new customer segments (e.g., Municipalities, Banks, Lawyers, etc.), learn their problems, and apply this novel technology to solve them. What other businesses have you seen scale like this? I've never seen a SaaS business grow that fast. I meet interesting founders 2x per week and share the learnings here.

Building Business Development/Sales Pipeline

Hey all! Happy weekend wherever you may be! Wanting to get some advice and insight into a couple areas as mentioned in the title. Background is the following: My Partner and I started our company about in 2021. When we kicked off we were building a control and camera vision system for automating and optimizing indoor vertical farms. We got to early mvp but market was not as big and barrier to entry was high. So we pivoted early 2023 to utilize components of our technology in a wildfire detection and risk analysis platform. Happy to say we are once again at MVP but need to get PMF and pipeline going both with revenue generating clients and pilots/demos. Through this period we’ve kept the lights on by running a consulting service and digital agency. We’ve also pushed out a couple of AI tools to market. Effectively I need to build out a strong pipeline for each vertical and associated sales team. Right now spread too thin trying to conduct sales and business dev on each front. Challenges: Wildfire: Business to Gov relationships so need to build for that. Additionally early stage technology so imo relationships are critical. Additionally need to take advantage of grant funding. Target Markets: Canada, USA, Mediterranean, Northern Europe/Scandavian Countries. Consulting and Agency: Things feel dry… we have a recurring client list but we want to grow this channel exponentially, focusing on RFP’s and med to large company profiles rather then the current SMB. Our current activités are mediocre imo for outreach and connection. AI Tools: I believe these are great opportunities. TLDR 1)sales based assistant as well as 2)central AI aggregation with prompt repository. Business Dev Energy into this is basically focused on digital means. In the process of generating video content to push via ads and online social platforms. Challenge: low engagement right now users signing up but no commitments to purchase. Need to evaluate value offer and feedback on PMF. From the sales team side, effectively need to generate the sales so I can expand the team and grow accordingly. I’m a huge proponent of commission based compensation. Also open to a base salary. However anyone I onboard at this moment would have to be commission cause cash-flow. On that front, what are current commissions structures looking like for people? What’s engaging what’s worth taking a risk what is just a huge no? On the challenges for the product lines any feedback questions and even poking holes is appreciated! Thanks!

Partnership revenue share uncertainty as test before any equity discussions, please help, urgent

Hi all, It's brand new relationship to collaborate on work and fast moving situation and i want to be fair and informed about revenue share for this work as startup, new agency, unclear still. Sorry for rushed message, its moving fast. Its starting with revenue share to test and see how things go. I contribute some things as a separate entity/consultant/marketing domain expert who designed some AI products and am able to acquire clients reliably with my marketing skills then they do all development and sales assistance. Details below please can you help with advice on contribution and revenue share thats very fair: The "partnership" non ownership (rev share is best correct?) of delivering custom AI software development solutions to smb b2b clients. As a domain expert i designed a product for myself and then others upsells and want to sell it to other biz, there is interest, its been tested as viable with my outreach which I do and now have 5 clients from last night wanting to meet or receive short video explanations before we meet (its my initial offer, a vid demo). I have designed the product or solution completely and have already developed mvp of the first product that i use myself and is immensely valuable to me. I also acquire all the clients as an client outreach/acquisition expert and perform that entire client acquisition function and marketing up until sales call where they provide assistance/ a joint tech and marketing/product domain specialist (me) sales call, still to be discussed. No dedicated sales function but they have experience. Then I partner with a great desirable professional development agency to deploy the solution and everything that entails hoping for a long-term similar arrangement that mutually beneficial and fair. They also assist with the sales process to close deals, we both contribute on the sales calls but client generation and marketing up to the sales call is my contribution. What would the fair revenue share be in a perfectly fair equal situation and what would it be if I wanted to be generous because i really want to work with them moving forward. Also what would the equity split be if a new entity was formed later to formalize partnership and the contribution remained the same. I dont know much about this or what I should be doing in my situation. As I understand searching revenue share online and a summary from perplexity I perform two of the major functions and they one so something like 30-40 them and the rest me? But if i wanted to be generous and show my appreciation for working with me on this as they are high quality and i foresee more opportunity benefits and capabilities in the future due to their expertise and know they would deliver a superb job, would 50/50 be a fair split? Or am I undervaluing/overvaluing myself,, can you not just offer the logic but advice as well based on the info you have, this is brand new and moving super fast, online info seems clear but i want mine to be super fair even generous for them so they are happy, but also not foolish or irresponsible from my side. Its all new to me. Thank you so much!

The best (actually free to use) AI tools for day-to-day work + productivity

I've spent an ungodly amount of time ~~procrastinating~~ trying tons of new/free AI tools from Reddit and various lists of the best AI tools for different use cases. Frankly, most free AI tools (and even paid ones) are gimmicky ChatGPT wrappers with questionable utility in everyday tasks or overpriced enterprise software that don't use AI as anything more than a marketing buzzword. My last list of free AI tools got a good response here, and I wanted to make another with the best AI tools that I actually use day-to-day now that I've spent more time with them. All these tools can be used for free, though most of them have some kind of premium offering if you need more advanced stuff or a ton of queries. To make it easy to sort through, I've also added whether each tool requires signup. ChatPDF: Free Tool to Use ChatGPT on Your Own Documents/PDFs (free no signup) Put simply, ChatPDF lets you upload any PDF and interact with it like ChatGPT. I heard about this one from my nephew who used it to automatically generate flashcards and explain concepts based on class notes and readings. There are a few similar services out there, but I found ChatPDF the easiest to use of those that don't require payment/signup. If you're a student or someone who needs to read through long PDFs regularly, the possibilities to use this are endless. It's also completely free and doesn't require signup. Key Features: Free to upload up to 3 PDFs daily, with up to 120 pages in each PDF Can be used without signing up at all Taskade: AI Task Management, Scheduling, and Notetaking Tool with GPT-4 Built-In (free with signup) Taskade is an all-in-one notetaking, task management, and scheduling platform with built-in AI workflows and templates. Like Notion, Taskade lets you easily create workspaces, documents, and templates for your workflows. Unlike Notion’s GPT-3 based AI, Taskade has built-in GPT-4 based AI that’s trained to structure your documents, create content, and otherwise help you improve your productivity. Key Features: GPT-4 is built in to their free plan and trained to help with document formatting, scheduling, content creation and answering questions through a chat interface. Its AI seems specifically trained to work seamlessly with your documents and workspaces, and understands queries specific to their interface like asking it to turn (text) notes into a mind map. One of the highest usage limits of the free tools: Taskade’s free plan comes with 1000 monthly requests, which is one of the highest I’ve seen for a tool with built-in GPT-4. Because it’s built into a document editor with database, scheduling and chat capabilities, you can use it for pretty much anything you’d use ChatGPT for but without* paying for ChatGPT Premium. Free templates to get you started with actually integrating AI into your workflows: there are a huge number of genuinely useful free templates for workflows, task management, mind mapping, etc. For example, you can add a project and have Taskade automatically map out and schedule a breakdown of the tasks that make up that overall deliverable. Plus AI for Google Slides: AI-generated (and improved) slide decks (free with signup, addon for Google Slides) I've tried out a bunch of AI presentation/slide generating tools. To be honest, most of them leave a lot to be desired and aren't genuinely useful unless you're literally paid to generate a presentation vaguely related to some topic. Plus AI is a (free!) Google Slides addon that lets you describe the kind of slide deck you're making, then generate and fine-tune it based on your exact needs. It's still not at the point where you can literally just tell it one prompt and get the entire finished product, but it saves a bunch of time getting an initial structure together that you can then perfect. Similarly, if you have existing slides made you can tell it (in natural language) how you want it changed. For example, asking it to change up the layout of text on a page, improve the writing style, or even use external data sources. Key Features: Integrates seamlessly into Google Slides: if you’re already using Slides, using Plus AI is as simple as installing the plugin. Their tutorials are easy to follow and it doesn’t require learning some new slideshow software or interface like some other options. Create and* tweak slides using natural language: Plus AI lets you create whole slideshows, adjust text, or change layouts using natural language. It’s all fairly intuitive and the best of the AI slide tools I’ve tried. FlowGPT: Database of AI prompts and workflows (free without signup-though it pushes you to signup!) FlowGPT collects prompts and collections of prompts to do various tasks, from marketing, productivity, and coding to random stuff people find interesting. It uses an upvote system similar to Reddit that makes it easy to find interesting ways to use ChatGPT. It also lets you search for prompts if you have something in mind and want to see what others have done. It's free and has a lot of cool features like showing you previews of how ChatGPT responds to the prompts. Unfortunately, it's also a bit pushy with getting you to signup, and the design leaves something to be desired, but it's the best of these tools I've found. Key Features: Lots of users that share genuinely useful and interesting prompts Upvote system similar to Reddit’s that allows you to find interesting prompts within the categories you’re interested in Summarize.Tech: AI summaries of YouTube Videos (free no signup) Summarize generates AI summaries of YouTube videos, condensing them into relatively short written notes with timestamps. All the summaries I've seen have been accurate and save significant time. I find it especially useful when looking at longer tutorials where I want to find if: &#x200B; The tutorial actually tells me what I'm looking for, and See where in the video I can find that specific part. The one downside I've seen is that it doesn't work for videos that don't have subtitles, but hopefully, someone can build something with Whisper or a similar audio transcription API to solve that. Claude: ChatGPT Alternative with ~75k Word Limit (free with signup) If you've used ChatGPT, you've probably run into the issue of its (relatively low) token limit. Put simply, it can't handle text longer than a few thousand words. It's the same reason why ChatGPT "forgets" instructions you gave it earlier on in a conversation. Claude solves that, with a \~75,000 word limit that lets you input literal novels and do pretty much everything you can do with ChatGPT. Unfortunately, Claude is currently only free in the US or UK. Claude pitches itself as the "safer" AI, which can make it a pain to use for many use cases, but it's worth trying out and better than ChatGPT for certain tasks. Currently, I'm mainly using it to summarize long documents that ChatGPT literally cannot process as a single prompt. Key Features: Much longer word limit than even ChatGPT’s highest token models Stronger guardrails than ChatGPT: if you're into this, Claude focuses a lot more on "trust and safety" than even ChatGPT does. While an AI telling me what information I can and can't have is more of an annoyance for my use cases, it can be useful if you're building apps like customer support or other use cases where it's a top priority to keep the AI from writing something "surprising." Phind: AI Search Engine That Combines Google with ChatGPT (free no signup) Like a combination of Google and ChatGPT. Like ChatGPT, it can understand complex prompts and give you detailed answers condensing multiple sources. Like Google, it shows you the most up-to-date sources answering your question and has access to everything on the internet in real time (vs. ChatGPT's September 2021 cutoff). Unlike Google, it avoids spammy links that seem to dominate Google nowadays and actually answers your question. Key Features: Accesses the internet to get you real-time information vs. ChatGPT’s 2021 cutoff. While ChatGPT is great for content generation and other tasks that you don’t really need live information for, it can’t get you any information from past its cutoff point. Provides actual sources for its claims, helping you dive deeper into any specific points and avoid hallucinations. Phind was the first to combine the best of both worlds between Google and ChatGPT, giving you easy access to actual sources the way Google does while summarizing relevant results the way ChatGPT does. It’s still one of the best places for that, especially if you have technical questions. Bing AI: ChatGPT Alternative Based on GPT-4 (with internet access!) (free no signup) For all the hate Bing gets, they've done the best job of all the major search engines of integrating AI chat to answer questions. Bing's Chat AI is very similar to ChatGPT (it's based on GPT-4). Unlike ChatGPT's base model without plugins, it has access to the internet. It also doesn't require signing in, which is nice. At the risk of sounding like a broken record, Google has really dropped the ball lately in delivering non-spammy search results that actually answer the query, and it's nice to see other search engines like Bing and Phind providing alternatives. Key Features: Similar to Phind, though arguably a bit better for non-technical questions: Bing similarly provides sourced summaries, generates content and otherwise integrates AI and search nicely. Built on top of GPT-4: like Taskade, Bing has confirmed they use GPT-4. That makes it another nice option to get around paying for GPT-4 while still getting much of the same capabilities as ChatGPT. Seamless integration with a standard search engine that’s much better than I remember it being (when it was more of a joke than anything) Honorable Mentions: These are the “rest of the best” free AI tools I've found that are simpler/don't need a whole entry to explain: PdfGPT: Alternative to ChatPDF that also uses AI to summarize and let you interact with PDF documents. Nice to have options if you run into one site’s PDF or page limit and don’t want to pay to do so. Remove.bg: One of the few image AI tools I use regularly. Remove.bg uses simple AI to remove backgrounds from your images. It's very simple, but something I end up doing surprisingly often editing product images, etc. CopyAI and Jasper: both are AI writing tools primarily built for website marketing/blog content. I've tried both but don't use them enough regularly to be able to recommend one over the other. Worth trying if you do a lot of content writing and want to automate parts of it. Let me know if you guys recommend any other free AI tools that you use day-to-day and I can add them to the list. I’m also interested in any requests you guys have for AI tools that don’t exist yet, as I’m looking for new projects to work on at the moment! TL;DR: ChatPDF: Interact with any PDF using ChatGPT without signing up, great for students and anyone who needs to filter through long PDFs. Taskade: All-in-one task management, scheduling, and notetaking with built-in GPT-4 Chat + AI assistant for improving productivity. Plus AI for Google Slides: Addon for Google Slides that generates and fine-tunes slide decks based on your description(s) in natural language. FlowGPT: Database of AI prompts and workflows. Nice resource to find interesting ChatGPT prompts. Summarize.Tech: AI summaries of YouTube videos with timestamps that makes it easier to find relevant information in longer videos. Claude: ChatGPT alternative with a \~75k word limit, ideal for handling long documents and tasks that go above ChatGPT's token limit. Phind: AI search engine similar to a combination of Google and ChatGPT. Built in internet access and links/citations for its claims. Bing AI: Bing's ChatGPT alternative based on GPT-4. Has real-time internet access + integrates nicely with their normal search engine.

I run an AI automation agency (AAA). My honest overview and review of this new business model

I started an AI tools directory in February, and then branched off that to start an AI automation agency (AAA) in June. So far I've come across a lot of unsustainable "ideas" to make money with AI, but at the same time a few diamonds in the rough that aren't fully tapped into yet- especially the AAA model. Thought I'd share this post to shine light into this new business model and share some ways you could potentially start your own agency, or at the very least know who you are dealing with and how to pick and choose when you (inevitably) get bombarded with cold emails from them down the line. Foreword Running an AAA does NOT involve using AI tools directly to generate and sell content directly. That ship has sailed, and unless you are happy with $5 from Fiverr every month or so, it is not a real business model. Cry me a river but generating generic art with AI and slapping it onto a T-shirt to sell on Etsy won't make you a dime. At the same time, the AAA model will NOT require you to have a deep theoretical knowledge of AI, or any academic degree, as we are more so dealing with the practical applications of generative AI and how we can implement these into different workflows and tech-stacks, rather than building AI models from the ground up. Regardless of all that, common sense and a willingness to learn will help (a shit ton), as with anything. Keep in mind - this WILL involve work and motivation as well. The mindset that AI somehow means everything can be done for you on autopilot is not the right way to approach things. The common theme of businesses I've seen who have successfully implemented AI into their operations is the willingess to work with AI in a way that augments their existing operations, rather than flat out replace a worker or team. And this is exactly the train of thought you need when working with AI as a business model. However, as the field is relatively unsaturated and hype surrounding AI is still fresh for enterprises, right now is the prime time to start something new if generative AI interests you at all. With that being said, I'll be going over three of the most successful AI-adjacent businesses I've seen over this past year, in addition to some tips and resources to point you in the right direction. so.. WTF is an AI Automation Agency? The AI automation agency (or as some YouTubers have coined it, the AAA model) at its core involves creating custom AI solutions for businesses. I have over 1500 AI tools listed in my directory, however the feedback I've received from some enterprise users is that ready-made SaaS tools are too generic to meet their specific needs. Combine this with the fact virtually no smaller companies have the time or skills required to develop custom solutions right off the bat, and you have yourself real demand. I would say in practice, the AAA model is quite similar to Wordpress and even web dev agencies, with the major difference being all solutions you develop will incorporate key aspects of AI AND automation. Which brings me to my second point- JUST AI IS NOT ENOUGH. Rather than reducing the amount of time required to complete certain tasks, I've seen many AI agencies make the mistake of recommending and (trying to) sell solutions that more likely than not increase the workload of their clients. For example, if you were to make an internal tool that has AI answer questions based on their knowledge base, but this knowledge base has to be updated manually, this is creating unnecessary work. As such I think one of the key components of building successful AI solutions is incorporating the new (Generative AI/LLMs) with the old (programmtic automation- think Zapier, APIs, etc.). Finally, for this business model to be successful, ideally you should target a niche in which you have already worked and understand pain points and needs. Not only does this make it much easier to get calls booked with prospects, the solutions you build will have much greater value to your clients (meaning you get paid more). A mistake I've seen many AAA operators make (and I blame this on the "Get Rich Quick" YouTubers) is focusing too much on a specific productized service, rather than really understanding the needs of businesses. The former is much done via a SaaS model, but when going the agency route the only thing that makes sense is building custom solutions. This is why I always take a consultant-first approach. You can only build once you understand what they actually need and how certain solutions may impact their operations, workflows, and bottom-line. Basics of How to Get Started Pick a niche. As I mentioned previously, preferably one that you've worked in before. Niches I know of that are actively being bombarded with cold emails include real estate, e-commerce, auto-dealerships, lawyers, and medical offices. There is a reason for this, but I will tell you straight up this business model works well if you target any white-collar service business (internal tools approach) or high volume businesses (customer facing tools approach). Setup your toolbox. If you wanted to start a pressure washing business, you would need a pressure-washer. This is no different. For those without programming knowledge, I've seen two common ways AAA get setup to build- one is having a network of on-call web developers, whether its personal contacts or simply going to Upwork or any talent sourcing agency. The second is having an arsenal of no-code tools. I'll get to this more in a second, but this works beecause at its core, when we are dealing with the practical applications of AI, the code is quite simple, simply put. Start cold sales. Unless you have a network already, this is not a step you can skip. You've already picked a niche, so all you have to do is find the right message. Keep cold emails short, sweet, but enticing- and it will help a lot if you did step 1 correctly and intimately understand who your audience is. I'll be touching base later about how you can leverage AI yourself to help you with outreach and closing. The beauty of gen AI and the AAA model You don't need to be a seasoned web developer to make this business model work. The large majority of solutions that SME clients want is best done using an API for an LLM for the actual AI aspect. The value we create with the solutions we build comes with the conceptual framework and design that not only does what they need it to but integrates smoothly with their existing tech-stack and workflow. The actual implementation is quite straightforward once you understand the high level design and know which tools you are going to use. To give you a sense, even if you plan to build out these apps yourself (say in Python) the large majority of the nitty gritty technical work has already been done for you, especially if you leverage Python libraries and packages that offer high level abstraction for LLM-related functions. For instance, calling GPT can be as little as a single line of code. (And there are no-code tools where these functions are simply an icon on a GUI). Aside from understanding the capabilities and limitations of these tools and frameworks, the only thing that matters is being able to put them in a way that makes sense for what you want to build. Which is why outsourcing and no-code tools both work in our case. Okay... but how TF am I suppposed to actually build out these solutions? Now the fun part. I highly recommend getting familiar with Langchain and LlamaIndex. Both are Python libraires that help a lot with the high-level LLM abstraction I mentioned previously. The two most important aspects include being able to integrate internal data sources/knowledge bases with LLMs, and have LLMs perform autonomous actions. The two most common methods respectively are RAG and output parsing. RAG (retrieval augmented Generation) If you've ever seen a tool that seemingly "trains" GPT on your own data, and wonder how it all works- well I have an answer from you. At a high level, the user query is first being fed to what's called a vector database to run vector search. Vector search basically lets you do semantic search where you are searching data based on meaning. The vector databases then retrieves the most relevant sections of text as it relates to the user query, and this text gets APPENDED to your GPT prompt to provide extra context to the AI. Further, with prompt engineering, you can limit GPT to only generate an answer if it can be found within this extra context, greatly limiting the chance of hallucination (this is where AI makes random shit up). Aside from vector databases, we can also implement RAG with other data sources and retrieval methods, for example SQL databses (via parsing the outputs of LLM's- more on this later). Autonomous Agents via Output Parsing A common need of clients has been having AI actually perform tasks, rather than simply spitting out text. For example, with autonomous agents, we can have an e-commerce chatbot do the work of a basic customer service rep (i.e. look into orders, refunds, shipping). At a high level, what's going on is that the response of the LLM is being used programmtically to determine which API to call. Keeping on with the e-commerce example, if I wanted a chatbot to check shipping status, I could have a LLM response within my app (not shown to the user) with a prompt that outputs a random hash or string, and programmatically I can determine which API call to make based on this hash/string. And using the same fundamental concept as with RAG, I can append the the API response to a final prompt that would spit out the answer for the user. How No Code Tools Can Fit In (With some example solutions you can build) With that being said, you don't necessarily need to do all of the above by coding yourself, with Python libraries or otherwise. However, I will say that having that high level overview will help IMMENSELY when it comes to using no-code tools to do the actual work for you. Regardless, here are a few common solutions you might build for clients as well as some no-code tools you can use to build them out. Ex. Solution 1: AI Chatbots for SMEs (Small and Medium Enterprises) This involves creating chatbots that handle user queries, lead gen, and so forth with AI, and will use the principles of RAG at heart. After getting the required data from your client (i.e. product catalogues, previous support tickets, FAQ, internal documentation), you upload this into your knowledge base and write a prompt that makes sense for your use case. One no-code tool that does this well is MyAskAI. The beauty of it especially for building external chatbots is the ability to quickly ingest entire websites into your knowledge base via a sitemap, and bulk uploading files. Essentially, they've covered the entire grunt work required to do this manually. Finally, you can create a inline or chat widget on your client's website with a few lines of HTML, or altneratively integrate it with a Slack/Teams chatbot (if you are going for an internal Q&A chatbot approach). Other tools you could use include Botpress and Voiceflow, however these are less for RAG and more for building out complete chatbot flows that may or may not incorporate LLMs. Both apps are essentially GUIs that eliminate the pain and tears and trying to implement complex flows manually, and both natively incoporate AI intents and a knowledge base feature. Ex. Solution 2: Internal Apps Similar to the first example, except we go beyond making just chatbots but tools such as report generation and really any sort of internal tool or automations that may incorporate LLM's. For instance, you can have a tool that automatically generates replies to inbound emails based on your client's knowledge base. Or an automation that does the same thing but for replies to Instagram comments. Another example could be a tool that generates a description and screeenshot based on a URL (useful for directory sites, made one for my own :P). Getting into more advanced implementations of LLMs, we can have tools that can generate entire drafts of reports (think 80+ pages), based not only on data from a knowledge base but also the writing style, format, and author voice of previous reports. One good tool to create content generation panels for your clients would be MindStudio. You can train LLM's via prompt engineering in a structured way with your own data to essentially fine tune them for whatever text you need it to generate. Furthermore, it has a GUI where you can dictate the entire AI flow. You can also upload data sources via multiple formats, including PDF, CSV, and Docx. For automations that require interactions between multiple apps, I recommend the OG zapier/make.com if you want a no-code solution. For instance, for the automatic email reply generator, I can have a trigger such that when an email is received, a custom AI reply is generated by MyAskAI, and finally a draft is created in my email client. Or, for an automation where I can create a social media posts on multiple platforms based on a RSS feed (news feed), I can implement this directly in Zapier with their native GPT action (see screenshot) As for more complex LLM flows that may require multiple layers of LLMs, data sources, and APIs working together to generate a single response i.e. a long form 100 page report, I would recommend tools such as Stack AI or Flowise (open-source alternative) to build these solutions out. Essentially, you get most of the functions and features of Python packages such as Langchain and LlamaIndex in a GUI. See screenshot for an example of a flow How the hell are you supposed to find clients? With all that being said, none of this matters if you can't find anyone to sell to. You will have to do cold sales, one way or the other, especially if you are brand new to the game. And what better way to sell your AI services than with AI itself? If we want to integrate AI into the cold outreach process, first we must identify what it's good at doing, and that's obviously writing a bunch of text, in a short amount of time. Similar to the solutions that an AAA can build for its clients, we can take advantage of the same principles in our own sales processes. How to do outreach Once you've identified your niche and their pain points/opportunities for automation, you want to craft a compelling message in which you can send via cold email and cold calls to get prospects booked on demos/consultations. I won't get into too much detail in terms of exactly how to write emails or calling scripts, as there are millions of resources to help with this, but I will tell you a few key points you want to keep in mind when doing outreach for your AAA. First, you want to keep in mind that many businesses are still hesitant about AI and may not understand what it really is or how it can benefit their operations. However, we can take advantage of how mass media has been reporting on AI this past year- at the very least people are AWARE that sooner or later they may have to implement AI into their businesses to stay competitive. We want to frame our message in a way that introduces generative AI as a technology that can have a direct, tangible, and positive impact on their business. Although it may be hard to quantify, I like to include estimates of man-hours saved or costs saved at least in my final proposals to prospects. Times are TOUGH right now, and money is expensive, so you need to have a compelling reason for businesses to get on board. Once you've gotten your messaging down, you will want to create a list of prospects to contact. Tools you can use to find prospects include Apollo.io, reply.io, zoominfo (expensive af), and Linkedin Sales Navigator. What specific job titles, etc. to target will depend on your niche but for smaller companies this will tend to be the owner. For white collar niches, i.e. law, the professional that will be directly benefiting from the tool (i.e. partners) may be better to contact. And for larger organizations you may want to target business improvement and digital transformation leads/directors- these are the people directly in charge of projects like what you may be proposing. Okay- so you have your message, and your list, and now all it comes down to is getting the good word out. I won't be going into the details of how to send these out, a quick Google search will give you hundreds of resources for cold outreach methods. However, personalization is key and beyond simple dynamic variables you want to make sure you can either personalize your email campaigns directly with AI (SmartWriter.ai is an example of a tool that can do this), or at the very least have the ability to import email messages programmatically. Alternatively, ask ChatGPT to make you a Python Script that can take in a list of emails, scrape info based on their linkedin URL or website, and all pass this onto a GPT prompt that specifies your messaging to generate an email. From there, send away. How tf do I close? Once you've got some prospects booked in on your meetings, you will need to close deals with them to turn them into clients. Call #1: Consultation Tying back to when I mentioned you want to take a consultant-first appraoch, you will want to listen closely to their goals and needs and understand their pain points. This would be the first call, and typically I would provide a high level overview of different solutions we could build to tacke these. It really helps to have a presentation available, so you can graphically demonstrate key points and key technologies. I like to use Plus AI for this, it's basically a Google Slides add-on that can generate slide decks for you. I copy and paste my default company messaging, add some key points for the presentation, and it comes out with pretty decent slides. Call #2: Demo The second call would involve a demo of one of these solutions, and typically I'll quickly prototype it with boilerplate code I already have, otherwise I'll cook something up in a no-code tool. If you have a niche where one type of solution is commonly demanded, it helps to have a general demo set up to be able to handle a larger volume of calls, so you aren't burning yourself out. I'll also elaborate on how the final product would look like in comparison to the demo. Call #3 and Beyond: Once the initial consultation and demo is complete, you will want to alleviate any remaining concerns from your prospects and work with them to reach a final work proposal. It's crucial you lay out exactly what you will be building (in writing) and ensure the prospect understands this. Furthermore, be clear and transparent with timelines and communication methods for the project. In terms of pricing, you want to take this from a value-based approach. The same solution may be worth a lot more to client A than client B. Furthermore, you can create "add-ons" such as monthly maintenance/upgrade packages, training sessions for employeees, and so forth, separate from the initial setup fee you would charge. How you can incorporate AI into marketing your businesses Beyond cold sales, I highly recommend creating a funnel to capture warm leads. For instance, I do this currently with my AI tools directory, which links directly to my AI agency and has consistent branding throughout. Warm leads are much more likely to close (and honestly, much nicer to deal with). However, even without an AI-related website, at the very least you will want to create a presence on social media and the web in general. As with any agency, you will want basic a professional presence. A professional virtual address helps, in addition to a Google Business Profile (GBP) and TrustPilot. a GBP (especially for local SEO) and Trustpilot page also helps improve the looks of your search results immensely. For GBP, I recommend using ProfilePro, which is a chrome extension you can use to automate SEO work for your GBP. Aside from SEO optimzied business descriptions based on your business, it can handle Q/A answers, responses, updates, and service descriptions based on local keywords. Privacy and Legal Concerns of the AAA Model Aside from typical concerns for agencies relating to service contracts, there are a few issues (especially when using no-code tools) that will need to be addressed to run a successful AAA. Most of these surround privacy concerns when working with proprietary data. In your terms with your client, you will want to clearly define hosting providers and any third party tools you will be using to build their solution, and a DPA with these third parties listed as subprocessors if necessary. In addition, you will want to implement best practices like redacting private information from data being used for building solutions. In terms of addressing concerns directly from clients, it helps if you host your solutions on their own servers (not possible with AI tools), and address the fact only ChatGPT queries in the web app, not OpenAI API calls, will be used to train OpenAI's models (as reported by mainstream media). The key here is to be open and transparent with your clients about ALL the tools you are using, where there data will be going, and make sure to get this all in writing. have fun, and keep an open mind Before I finish this post, I just want to reiterate the fact that this is NOT an easy way to make money. Running an AI agency will require hours and hours of dedication and work, and constantly rearranging your schedule to meet prospect and client needs. However, if you are looking for a new business to run, and have a knack for understanding business operations and are genuinely interested in the pracitcal applications of generative AI, then I say go for it. The time is ticking before AAA becomes the new dropshipping or SMMA, and I've a firm believer that those who set foot first and establish themselves in this field will come out top. And remember, while 100 thousand people may read this post, only 2 may actually take initiative and start.

As a soloproneur, here is how I'm scaling with AI and GPT-based tools

Being a solopreneur has its fair share of challenges. Currently I've got businesses in ecommerce, agency work, and affiliate marketing, and one undeniable truth remains: to truly scale by yourself, you need more than just sheer will. That's where I feel technology, especially AI, steps in. As such, I wanted some AI tools that have genuinely made a difference in my own work as a solo business operator. No fluff, just tried-and-true tools and platforms that have worked for me. The ability for me to scale alone with AI tools that take advantage of GPT in one way, or another has been significant and really changed my game over the past year. They bring in an element of adaptability and intelligence and work right alongside “traditional automation”. Whether you're new to this or looking to optimize your current setup, I hope this post helps. FYI I used multiple prompts with GPT-4 to draft this using my personal notes. Plus AI (add-on for google slides/docs) I handle a lot of sales calls and demos for my AI automation agency. As I’m providing a custom service rather than a product, every client has different pain points and as such I need to make a new slide deck each time. And making slides used to be a huge PITA and pretty much the bane of my existence until slide deck generators using GPT came out. My favorite so far has been PlusAI, which works as a plugin for Google Slides. You pretty much give it a rough idea, or some key points and it creates some slides right within Google Slides. For me, I’ve been pasting the website copy or any information on my client, then telling PlusAI the service I want to propose. After the slides are made, you have a lot of leeway to edit the slides again with AI, compared to other slide generators out there. With 'Remix', I can switch up layouts if something feels off, and 'Rewrite' is there to gently nudge the AI in a different direction if I ever need it to. It's definitely given me a bit of breathing space in a schedule that often feels suffocating. echo.win (web-based app) As a solopreneur, I'm constantly juggling roles. Managing incoming calls can be particularly challenging. Echo.win, a modern call management platform, has become a game-changer for my business. It's like having a 24/7 personal assistant. Its advanced AI understands and responds to queries in a remarkably human way, freeing up my time. A standout feature is the Scenario Builder, allowing me to create personalized conversation flows. Live transcripts and in-depth analytics help me make data-driven decisions. The platform is scalable, handling multiple simultaneous calls and improving customer satisfaction. Automatic contact updates ensure I never miss an important call. Echo.win's pricing is reasonable, offering a personalized business number, AI agents, unlimited scenarios, live transcripts, and 100 answered call minutes per month. Extra minutes are available at a nominal cost. Echo.win has revolutionized my call management. It's a comprehensive, no-code platform that ensures my customers are always heard and never missed MindStudio by YouAi (web app/GUI) I work with numerous clients in my AI agency, and a recurring task is creating chatbots and demo apps tailored to their specific needs and connected to their knowledge base/data sources. Typically, I would make production builds from scratch with libraries such as LangChain/LlamaIndex, however it’s quite cumbersome to do this for free demos. As each client has unique requirements, it means I'm often creating something from scratch. For this, I’ve been using MindStudio (by YouAi) to quickly come up with the first iteration of my app. It supports multiple AI models (GPT, Claude, Llama), let’s you upload custom data sources via multiple formats (PDF, CSV, Excel, TXT, Docx, and HTML), allows for custom flows and rules, and lets you to quickly publish your apps. If you are in their developer program, YouAi has built-in payment infrastructure to charge your users for using your app. Unlike many of the other AI builders I’ve tried, MindStudio basically lets me dictate every step of the AI interaction at a high level, while at the same time simplifying the behind-the-scenes work. Just like how you'd sketch an outline or jot down main points, you start with a scaffold or decide to "remix" an existing AI, and it will open up the IDE. I often find myself importing client data or specific project details, and then laying out the kind of app or chatbot I'm looking to prototype. And once you've got your prototype you can customize the app as much as you want. LLamaIndex (Python framework) As mentioned before, in my AI agency, I frequently create chatbots and apps for clients, tailored to their specific needs and connected to their data sources. LlamaIndex, a data framework for LLM applications, has been a game-changer in this process. It allows me to ingest, structure, and access private or domain-specific data. The major difference over LangChain is I feel like LlamaIndex does high level abstraction much better.. Where LangChain unnecessarily abstracts the simplest logic, LlamaIndex actually has clear benefits when it comes to integrating your data with LLMs- it comes with data connectors that ingest data from various sources and formats, data indexes that structure data for easy consumption by LLMs, and engines that provide natural language access to data. It also includes data agents, LLM-powered knowledge workers augmented by tools, and application integrations that tie LlamaIndex back into the rest of the ecosystem. LlamaIndex is user-friendly, allowing beginners to use it with just five lines of code, while advanced users can customize and extend any module to fit their needs. To be completely honest, to me it’s more than a tool- at its heart it’s a framework that ensures seamless integration of LLMs with data sources while allowing for complete flexibility compared to no-code tools. GoCharlie (web app) GoCharlie, the first AI Agent product for content creation, has been a game-changer for my business. Powered by a proprietary LLM called Charlie, it's capable of handling multi-input/multi-output tasks. GoCharlie's capabilities are vast, including content repurposing, image generation in 4K and 8K for various aspect ratios, SEO-optimized blog creation, fact-checking, web research, and stock photo and GIF pull-ins. It also offers audio transcriptions for uploaded audio/video files and YouTube URLs, web scraping capabilities, and translation. One standout feature is its multiple input capability, where I can attach a file (like a brand brief from a client) and instruct it to create a social media campaign using brand guidelines. It considers the file, prompt, and website, and produces multiple outputs for each channel, each of which can be edited separately. Its multi-output feature allows me to write a prompt and receive a response, which can then be edited further using AI. Overall, very satisfied with GoCharlie and in my opinion it really presents itself as an effective alternative to GPT based tools. ProfilePro (chrome extension) As someone overseeing multiple Google Business Profiles (GBPs) for my various businesses, I’ve been using ProfilePro by Merchynt. This tool stood out with its ability to auto-generate SEO-optimized content like review responses and business updates based on minimal business input. It works as a Chrome extension, and offers suggestions for responses automatically on your GBP, with multiple options for the tone it will write in. As a plus, it can generate AI images for Google posts, and offer suggestions for services and service/product descriptions. While it streamlines many GBP tasks, it still allows room for personal adjustments and refinements, offering a balance between automation and individual touch. And if you are like me and don't have dedicated SEO experience, it can handle ongoing optimization tasks to help boost visibility and drive more customers to profiles through Google Maps and Search

Legal Skim: "We make it easy for anyone to read legal contracts"

The Problem Nobody has the time to read contracts, so nobody reads them Lawyers cost to much money to simply "review" a contract for you The Solution An AI Software solution that reads your contract for you* and then highlights the important clauses to read, and shares helpful insights into what the "legal jargon" definitions are This would be a product built for "the everyman" Not for legal teams, but for your everyday, average Joe. I imagine the review highlights would be color-coded, with pastel and "happy feel" colors This would be for two reasons: To make it easy to read and immediately know what's important or unimportant To provide a comforting feeling to the stress of reading a contract that you don't understand I imagine the colors using the "Green, Yellow, Red" system Green colors mean mean there's no concern. If you skip this, no biggie Yellow colors mean you might want to take a closer look Red means if you skip this, you'll likely get screwed Slogan "We make it easy for anyone to read legal contracts" Competitor Analysis Ontra.com "The complete solution for negotiating and managing routine contracts." It looks like this is mostly for actual legal teams, not for consumers Delino.io "Delino’s automated contract review platform empowers you to manage the inherent risk in business contracts, so you can accelerate growth." This also looks like it's mostly actual legal teams, not for consumers LegalZoom.com This is a standard "Lawyer Review", not a software solution &#x200B; If you vote "This already exists", feel free to comment what company so I can add them to the competitor analysis 🙏 View Poll

AI SaaS: A website to fine-tune LLM model according to your requirements

Hey fellow entrepreneurs and AI enthusiasts! I'm exploring a business idea and would love your thoughts and feedback. The concept is a SaaS platform that allows users to easily fine-tune large language models (LLMs) on their own datasets without needing deep technical expertise. Here's the gist: The Problem: Many businesses and researchers want to leverage LLMs for specific use cases, but fine-tuning these models requires significant technical knowledge and resources. The Solution: A user-friendly web platform where users can: Choose from popular LLM architectures Upload their own dataset or input text Configure fine-tuning parameters through an intuitive interface Automatically fine-tune the model on our GPU infrastructure Download the fine-tuned model or use it via API Key Features: No coding required Scalable cloud infrastructure Support for various fine-tuning techniques (prompt tuning, adapter tuning, full fine-tuning) Job monitoring and results visualization API access for integrated use in applications Target Market: Researchers without extensive ML engineering resources Startups building AI-powered products Enterprises looking to customize LLMs for internal use Monetization: Tiered subscription model based on usage (compute time, model size, etc.) + potential enterprise contracts for high-volume users. I'd really appreciate your thoughts on: Is this solving a real pain point? Would you use a service like this? Why or why not? What features would make this a must-have for you? Any foreseeable obstacles or considerations I'm missing? Suggestions for go-to-market strategy? Thank you!

Interview with founder of ReadyPlayerMe (raised $70M+ from a16z)

Thanks to everyone who replied to my previous post with the questions you had for Rainer, I added some of them into this interview. I’m Nikita of Databas3 , and that’s my first interview in a series where I’m learning more about the journey of the best tech and web3 founders. Would appreciate your feedback and suggestions for the next guest! Nikita: Let’s begin with a brief introduction. Can you share a bit about yourself and how the business started? Rainer: I’m Rainer, the CTO of ReadyPlayerMe. Our journey began in 2013 with four co-founders. Over the years, our focus has shifted mainly around our product’s evolution, but our core idea always revolved around virtual actors or virtual people. Our initial venture was into hardware. We created the first full-body scanner in the Nordics, a significant step in photogrammetry. This led us to develop the Luna Scanner, a three-meter tall structure designed to capture facial features and likenesses. When Facebook acquired Oculus in 2014, we foresaw the potential of VR and virtual worlds, especially in social experiences. Nikita: Interesting. How did you move on from there? Rainer: Recognizing the limitations of hardware, we transitioned into software. Our early scanner designs had limitations in scalability. For example, our three-meter tall scanner wasn’t a feasible solution for scanning millions of people. So, we leveraged the datasets from our initial projects and designed a mobile version, making facial scanning as easy as using your phone. Around 2015, this was a new territory, as facial scanning wasn’t a mainstream application. Nikita: What were the early applications of these scanned models? Rainer: In the beginning, we focused on 3D printed figurines from full-body scans. However, as we shifted to facial scanning, we licensed our technology to gaming companies, collaborating with giants like Wargaming and Tencent. We even ventured into virtual fittings with H&M. Each collaboration was custom-tailored, blending our technology with their systems. This model made us cash flow positive. Nikita: So this was the beginning of your foray into the gaming industry? Rainer: Precisely. The demand from gaming companies was substantial. As we built custom solutions for these enterprises, we saw a bigger potential. While our cash flow was positive, we realized the challenge of scaling through exclusive enterprise deals. We envisioned our avatar creation tech reaching indie games and beyond. Nikita: And that led to the birth of ReadyPlayerMe? Rainer: Exactly. Once we understood our market direction, we quickly developed the first iteration of ReadyPlayerMe as a web-based experience, emphasizing easy integration for game developers. The initial version was a character builder, allowing users to personalize their avatars, which many adopted for their social media profiles. Our goal was to create avatars that users could connect with and use across various platforms. Instead of licensing our technology, we offered it for free to everyone. As ReadyPlayerMe gained traction, especially in VR applications, we secured funding to further our mission. Nikita: Your growth seems swift and organic. Were there any challenges? Rainer: Our focus on easy integration significantly fueled our adoption. Pairing that with personalized avatars resonated well with our audience. But like any venture, we’ve faced our share of challenges and have always aimed to evolve and better our offerings. The rapid growth in Web3 projects and virtual worlds made personalization and customization more important. With the NFT boom, you could add utility by allowing access to selected collections. This played into web-based games and metaverse applications. The shift towards Web3 and personalization provided a significant tailwind for us. Many used our characters as profile pictures on social media. Nikita: I’ve heard from other founders that a16z really values viral marketing. Was this one reason they wanted to invest in your project? How was the process with them? Rainer: When a16z reached out, it felt like a natural fit. We wanted investors who understood the gaming space. Our main market is Web3, but we’re exploring the top games market. Their expertise in gaming was invaluable. They’ve been very supportive throughout. We were fortunate to be on their radar. Nikita: So your early growth and organic traction played a role in attracting investors? Rainer: Definitely. Early product growth and the potential future trajectory were essential in our discussions. Nikita: As the CTO, you must have faced challenges. Can you speak about the tech side and its evolution? Rainer: The early version of our platform was built by in-house engineers. As we grew, we had to adapt to increasing complexities and ensure we had the right team to execute our vision. My role often shifted between product management and tech, depending on the need. Nikita: It sounds like the startup environment remains strong within your company. Rainer: Absolutely. We’re all committed, hands-on, and working towards building the best product. Nikita: You mentioned the team earlier. How many people are in your team now? Rainer: We have 70 people, with about half in product and engineering. Nikita: And did you hire the tech team? Rainer: We brought on a head of engineering at the beginning of this year. He’s been instrumental in scaling the engineering organization, from increasing the headcount to refining engineering processes. We’ve recently reorganized into domain-specific teams. As the team grows, regular reorganization ensures we focus on delivering specific customer value. Every stage requires attention to the team’s composition to ensure efficient delivery. Nikita: Any advice for founders just starting with their first startup? Rainer: Focus on customer value, no matter how niche it might seem initially. Begin with a specific problem and solution, then expand from there. You don’t need a massive project right away. Begin small, prove the concept, and scale from there. Nikita: You’ve mentioned your love for books and podcasts. Any recommendations? Rainer: For startups, “High Growth Handbook” and “Lean Startup” are must-reads. “Working Backwards” offers insights into Amazon’s customer-centric approach. For podcasts, I listen to “Rework,” “Lenny’s Podcast,” and “Huberman Lab.” Nikita: All of us have some side project ideas from time to time. How do you handle these when managing a big project? Rainer: Over the years, I’ve built various side projects. Some are small applications to solve immediate problems, like a menu bar app for AirPods which made it to No. 1 on Product Hunt, and was nominated for Golden Kitty Award. I sometimes delve into 3D and AI, merging them for technical demos. I keep a list of ideas and pick from them as the urge arises. Nikita: Any final thoughts or advice? Rainer: As you scale, do so with clarity. Avoid scaling just for external appeal. Always hire when there’s genuine need, not just for the sake of expansion. It helps in staying lean and focused.

From Setbacks to $20K Profit: My AI Influencer Earnings Breakdown (Jan 2025) 💰

(Monthly income breakdown is in the end) 📌 Introduction Hey everyone! 👋 Before I dive into this month’s breakdown, I just want to be upfront—English isn’t my first language, so I’ve used ChatGPT to refine this post for better readability. That said, everything here is 100% real—my personal experiences, struggles, and earnings as someone running a full-time AI influencer business. Since I get a lot of DMs asking about my AI models, here are their Instagram links: 📷 Emma – https://www.instagram.com/emmalauireal 📷 Jade – https://www.instagram.com/jadelaui (jadecasual is the second account) Also, if you’ve been wondering about the community I run, where I teach others how to build AI influencers from scratch, here’s the link (I got approval from mods for this link): 🔗 AI Winners Now, let’s get into what happened this month. 🚀 \------- First, a huge thank you! 🎉 Three months ago, I shared my journey of building an AI influencer business, and I was blown away by the response. That post got 263K+ views and was shared over 2.7K times—way more than I ever expected. If you’re new here or want to check out the full story of how I started, you can read it here: 🔗 Click Here (Reddit link) \------- 🔹 What I Did in January After the holiday rush in December, I knew January would be a slow month—people had already spent most of their money at the end of the year. So instead of pushing harder on monetization, I shifted my focus to tech development and optimization. Flux Character Loras: I spent a lot of time refining and testing different Flux-based character Loras for my models. This is still a work in progress, but the goal is to improve long-term consistency and make my workflow even more efficient. NSFW Content Expansion: On Emma’s side, I expanded her content library using a real model body double, making her content look more organic and natural. Jade, however, remains 100% AI-generated, keeping her workflow entirely digital. Social Media Wipeout (Thanks, VA 🙃): I had handed off both Twitter accounts to a virtual assistant to help with engagement and DMs. Big mistake. He ended up spamming DMs, which got both accounts banned—Emma (80K followers) and Jade (20K followers). 🤦‍♂️ Right now, I’m rebuilding Emma’s account from scratch and taking a much more cautious approach. Jade’s account is still offline for now. New Platform: Threads – I hadn’t touched Threads before, but since engagement on Instagram can be unpredictable, I decided to start accounts for both models. So far, they’re performing well, and I’ll continue experimenting. Launched AI Winners Community: After getting flooded with DMs (both here and on Instagram), I realized there was a massive demand for structured learning around AI influencers. So, I launched AI Winners, a paid community where I break down everything I’ve learned. It’s still early, but I see it turning into a solid, long-term community. Investment & Acquisition Talks: I’m still evaluating potential investors and acquisition offers for my AI models. There’s growing interest in buying or investing in Emma & Jade, so I’ve been having conversations to explore different options. Overall, January was about tech, rebuilding, and long-term planning—not immediate revenue. But that’s what keeps this business sustainable. 🚀 \------- ⚠️ Biggest Challenges This Month Lost Both Twitter Accounts (Massive Traffic Hit) 🚨 The biggest blow this month was losing my models’ Twitter accounts. Twitter was responsible for about 40% of my total traffic, meaning both free and paid subs took a direct hit. While Emma’s revenue took a slight dip, Jade’s income dropped significantly—partly due to the account loss and partly because January is naturally slow. (Full revenue breakdown at the end of the post.) Jade’s Instagram Tanked (Possible Shadow Ban?) 🤔 Jade’s Instagram completely lost momentum in early January. Engagement and reach dropped by over 80%, and I still haven’t figured out why. It feels like a shadow ban, but I have no clear confirmation. To counter this, I launched a second backup account, and things are starting to recover. \------- 🚀 Potential Improvements & What’s Next Locking in a Stable Workflow 🔄 Right now, Emma & Jade’s workflow is still evolving, but I’m aiming to fully stabilize it. As I’m writing this, content is generating on my second monitor—a sign that I’m close to achieving full automation without compromising quality. Boosting Jade’s Fanvue Revenue 💰 Jade’s income took a hit this month, and it’s 100% a traffic issue. The solution? More content, more reach. I’ll be increasing social media output to drive consistent traffic back to Fanvue and restore her earnings. Patreon is Done. All Focus on Fanvue 🚫 I shut down both Emma & Jade’s Patreon accounts. The goal is not to split revenue—I want everything funneled into Fanvue for higher engagement and bigger paydays. \------- 💰 January 2025 Earnings Breakdown Despite January being one of the slowest months for online creators, Emma and Jade still brought in over $29K in revenue, with a net profit exceeding $20K after all expenses. Emma Laui generated $20,206.77, with around $6,000 in expenses (chatter payments, NSFW designer fees, and other operational costs). Jade Laui earned $8,939.05, with $2,000 in expenses. Considering Twitter account losses, Instagram setbacks, and the usual January spending slump, this is still a solid outcome. The focus now is on scaling traffic and maximizing Fanvue revenue heading into February. 🚀🔥 That’s the full breakdown for January! If you have questions, feel free to drop a comment, and I’ll answer when I can. Happy to help, just like others helped me when I was starting out! 🚀🔥

Demo: Scalable Custom Lead Generation for Tech Sales Reps?

Hey, Is anyone interested in relevant, recent, and validated tech sales leads w/ customized intro messages? I am building an AI solution that finds recent technical product problems and generates a custom introduction message. Here is an example situation and output.  I found a profitable graphic design tool product. I leveraged their product reviews to build a custom message for the product owner. Example Email Subject: Follow-Up on Feature Requests: Blending, Layering, and Export Formats Hi \[Product Owner\], I hope this message finds you well! My team and I have been analyzing recent feedback from users regarding \[App Name\], and I wanted to share some insights related to key feature requests that seem to resonate strongly with the community. Specifically, we’ve noticed recurring themes in the reviews regarding: Blending Tools: Users are finding the blending tools unintuitive and requiring extra steps compared to competitors. Additionally, there have been reports of crashes when using certain features like the paint-all tool for blending. Layering Capabilities: Many users are requesting unlimited layers and improvements in layer management (e.g., better renaming workflows to avoid visibility issues). Export Formats: Exporting to high-quality PSD and PNG is inconsistent, with issues such as loss of alpha transparency and layer data being highlighted. Users are eager for a more seamless export experience. Here are a few examples from recent reviews to illustrate these concerns: "Blending tools demand several additional steps, making them less streamlined than those offered by competitors." "Users are frustrated by the lack of unlimited layers, citing the inconvenience of having to save and re-import images to extend layer capacity." "The most recent update appears to have disrupted the Export function, as attempts to export drawings are unresponsive." Given how frequently these requests appear in the feedback, I wanted to touch base to understand how your team is currently approaching these areas. Are there any updates or plans in motion to address these features? We’re really excited to see where the app goes next and would love to assist in gathering more structured user insights if that would be helpful! Looking forward to your thoughts. Warm regards, \[Your Full Name\] \[Your Position\] \[Your Contact Information\] \---------------------------------------------------------------------------------------------- This approach demonstrates sincerity in understanding their business and lays a foundation to build a trusted advisor relationship. What do you all think? Is anyone interested in seeing a full demo? I would love to get some feedback.

Seeking Feedback on Business Idea: AI-Powered Business Partner Matching Platform

Hey everyone, I've been toying with an idea for a new business venture and I'd love to get some feedback and insights from this community. The Idea: I'm considering building a business platform that utilizes AI to match potential business partners. Whether you're a startup looking for a co-founder, a company seeking strategic partnerships, or an investor searching for promising ventures, this platform would help connect you with compatible partners based on your specific needs, goals, and preferences. How It Works: Users would create detailed profiles outlining their business objectives, industry expertise, skills, and what they're looking for in a partner. The AI algorithm would then analyze this data to identify compatible matches, taking into account factors like complementary skill sets, shared values, and mutual goals. The platform would provide users with a curated list of potential partners, along with insights and recommendations to facilitate meaningful connections. Key Features: Comprehensive Profiles: Users can create detailed profiles highlighting their background, experience, and what they bring to the table. AI Matching Algorithm: The platform's AI algorithm would use advanced data analysis techniques to generate accurate partner recommendations. Communication Tools: Built-in messaging and video conferencing tools would enable seamless communication between potential partners. Feedback and Ratings: Users can leave feedback and ratings for their matches, helping to build trust and credibility within the community. Resource Hub: Access to resources, articles, and guides on partnership development, negotiation strategies, and other relevant topics. Why It's Needed: Finding the right business partner can be a daunting task, often relying on personal networks or serendipitous encounters. By harnessing the power of AI, this platform aims to streamline the partner matching process, saving time and increasing the likelihood of finding compatible collaborators. Looking for Feedback: Before diving headfirst into this venture, I wanted to reach out to this community to gather some feedback: Does this idea resonate with you? Why or why not? Are there any existing platforms or services that offer similar functionalities? What features would be essential for you as a user? Any potential challenges or concerns you foresee with this concept? I'm eager to hear your thoughts and suggestions. Thanks in advance for your input!