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Why isn't there automated AI data cleaning software already?
reddit
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Mivekk•This week

Why isn't there automated AI data cleaning software already?

I've been getting into machine learning and data science, and I keep wondering: why isn't there more automated AI data cleaning software? I know there are some tools out there, but it feels like we’re missing a fully automated, easy-to-use solution. Data cleaning is such a crucial part of any ML project, so it seems like this should be a no-brainer.

#reddit#isn't#there
[D]Why isn't Hugging Face becoming one of the promising (and young) AI chatbot players on the table (like Mistral AI, Anthropic, Perplexity AI, etc)
reddit
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Human Vibe Score1
xiikjuy•This week

[D]Why isn't Hugging Face becoming one of the promising (and young) AI chatbot players on the table (like Mistral AI, Anthropic, Perplexity AI, etc)

I rememebered a few years ago people discussing about what HF's business model is or how to profit. I think now is the best time for them, but yet i am a bit suprised they didn't make their own one. They have talents, experiences, resources. Just wonder it.

#reddit#[d]why#isn't
Trustworthy Generative AI
coursera
LLM Vibe Score0.444
Human Vibe Score0.2
Instructor Name•This week

Trustworthy Generative AI

We see lots of news reports of Generative AI tools, such as ChatGPT, making mistakes and producing inaccurate information. Many of these mistakes happen because humans use the tools in the wrong way - trying to solve unsuitable problems and not thinking about risk. Hallucination isn't a bug, it's a feature when you approach problems correctly. This course teaches techniques for determining if a problem fits Generative AI's capabilities, framing problems to reduce risk, prompt engineering for trust, and appropriate human engagement in the process. Students learn concrete prompt designs, how to check outputs, how to use Generative AI for ideation and creation, ways to augment human skills, and more ethical, beneficial applications.

#coursera#trustworthy#generative
OMG - I'm a tech founder trying to promote my SAAS product and I'm like a deer in headlights!
reddit
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Fixed-PM•This week

OMG - I'm a tech founder trying to promote my SAAS product and I'm like a deer in headlights!

I've been building a tool for agile project management for the past year or two and I think it is looking pretty good. I've got good feedback from agile leads and such and have adjusted the product accordingly and I think now it is solving the problem it is focused on. It isn't perfect technically and as I am a tech head and I love all the challenges of solving and building tricky software solutions it is very tempting to program and program and program. But I have to bite the bullet and get out of my comfort zone and get some customers! But I have no budget for marketing, and no acumen for it and I don't know where to start. I have researched forums, blogs, AI, etc. and there is a lot of advice, too much in fact. Every intro email or announcement text I write, I review it and rewrite it over and over as I am constantly wondering if it is too wordy, or doesn't focus on benefits, or whatever advice I read last. How do people just get on with it without doubting whether this wording is the most compelling, or the website design doesn't look clunky, or I'm not getting to the right people? The sales and marketing world is so much harder than coding, and at the same time much more squishy and ill defined :-) Can anyone out there relate, offer some advice, help?

#reddit#tech#founder
Anyone finding that they just don't NEED to add more Employees anymore? (I will not promote)
reddit
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Human Vibe Score0.6
wilschroter•This week

Anyone finding that they just don't NEED to add more Employees anymore? (I will not promote)

A friend of mine who was looking for work asked me if we were hiring and I responded "You know, it's weird but all of our growth goals don't seem to map back to hiring people anymore." This isn't about the economy or growth goals. It's a really fascinating shift in focus and costs for startups. My gut reaction is that I HATE the idea of not creating more jobs. In my career I've hired thousands of people, and I've always prided myself on job creation. We just sold a company that employed 200 people last year, and I'm proud of the work we were able to create. What's interesting is that I simply don't feel like we NEED to like we used to. As we're looking at all of our growth goals, for the first time I'm not assigning FTEs to them. Nearly everything we're doing is actually reducing the need for more humans, not adding them - and we're not even trying to reduce the need. Obviously the timing of AI has had a major impact. Product - Our team is shipping more code than ever before, and even our designers who have never touched code are shipping final code. If we doubled the size of the team, it would make no difference (this is a big deal considering the historical cost here). Marketing - So many aspects of our marketing are getting automated and streamlined, to the point where even a single FTE can create a massive amount of reach across channels. Support - Our Success team is able to effectively respond to tickets in a fraction of the time, which essentially doubles their capacity without adding any more staff. Management - With less staff we need less managers, which are a big expense, but it also means reporting and decisions are more streamlined, which is a positive. But it also means those positions simply don't get created like they used to. I think this is a big deal for the younger startups because it translates into needing less capital (or none!) which provides for more ownership and agency. Clearly we still need some folks to build out the core team, but that's very different than a massive staffing line item. Anyone else here finding the same trend? Opposite? I don't have a strong opinion either way, but I'd love to hear how other Founders are processing this.

#reddit#anyone#finding
How a founder built a B2B AI startup to serve with 65+ global brands (including Fortune500 companies) (I will not promote)
reddit
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Royal_Rest8409•This week

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.

#reddit#founder#built
Upselling from $8/mo to $2k/mo
reddit
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Afraid-Astronomer130•This week

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

#reddit#upselling#$8/mo
Lessons from 139 YC AI startups (S23)
reddit
LLM Vibe Score0
Human Vibe Score0.333
minophen•This week

Lessons from 139 YC AI startups (S23)

YC's Demo Day was last week, and with it comes another deluge of AI companies. A record-breaking 139 startups were in some way related to AI or ML - up from 112 in the last batch. Here are 5 of my biggest takeaways: AI is (still) eating the world. It's remarkable how diverse the industries are - over two dozen verticals were represented, from materials science to social media to security. However, the top four categories were: AI Ops: Tooling and platforms to help companies deploy working AI models. We'll discuss more below, but AI Ops has become a huge category, primarily focused on LLMs and taming them for production use cases. Developer Tools: Apps, plugins, and SDKs making it easier to write code. There were plenty of examples of integrating third-party data, auto-generating code/tests, and working with agents/chatbots to build and debug code. Healthcare + Biotech: It seems like healthcare has a lot of room for automation, with companies working on note-taking, billing, training, and prescribing. And on the biotech side, there are some seriously cool companies building autonomous surgery robots and at-home cancer detection. Finance + Payments: Startups targeting banks, fintechs, and compliance departments. This was a wide range of companies, from automated collections to AI due diligence to "Copilot for bankers." Those four areas covered over half of the startups. The first two make sense: YC has always filtered for technical founders, and many are using AI to do what they know - improve the software developer workflow. But it's interesting to see healthcare and finance not far behind. Previously, I wrote: Large enterprises, healthcare, and government are not going to send sensitive data to OpenAI. This leaves a gap for startups to build on-premise, compliant \[LLMs\] for these verticals. And we're now seeing exactly that - LLMs focused on healthcare and finance and AI Ops companies targeting on-prem use cases. It also helps that one of the major selling points of generative AI right now is cost-cutting - an enticing use case for healthcare and finance. Copilots are king. In the last batch, a lot of startups positioned themselves as "ChatGPT for X," with a consumer focus. It seems the current trend, though, is "Copilot for X" - B2B AI assistants to help you do everything from KYC checks to corporate event planning to chip design to negotiate contracts. Nearly two dozen companies were working on some sort of artificial companion for businesses - and a couple for consumers. It's more evidence for the argument that AI will not outright replace workers - instead, existing workers will collaborate with AI to be more productive. And as AI becomes more mainstream, this trend of making specialized tools for specific industries or tasks will only grow. That being said - a Bing-style AI that lives in a sidebar and is only accessible via chat probably isn't the most useful form factor for AI. But until OpenAI, Microsoft, and Google change their approach (or until another company steps up), we'll probably see many more Copilots. AI Ops is becoming a key sector. "AI Ops" has been a term for only a few years. "LLM Ops" has existed for barely a year. And yet, so many companies are focused on training, fine-tuning, deploying, hosting, and post-processing LLMs it's quickly becoming a critical piece of the AI space. It's a vast industry that's sprung up seemingly overnight, and it was pretty interesting to see some of the problems being solved at the bleeding edge. For example: Adding context to language models with as few as ten samples. Pausing and moving training runs in real-time. Managing training data ownership and permissions. Faster vector databases. Fine-tuning models with synthetic data. But as much ~~hype~~ enthusiasm and opportunity as there might be, the size of the AI Ops space also shows how much work is needed to really productionalize LLMs and other models. There are still many open questions about reliability, privacy, observability, usability, and safety when it comes to using LLMs in the wild. Who owns the model? Does it matter? Nine months ago, anyone building an LLM company was doing one of three things: Training their own model from scratch. Fine-tuning a version of GPT-3. Building a wrapper around ChatGPT. Thanks to Meta, the open-source community, and the legions of competitors trying to catch up to OpenAI, there are now dozens of ways to integrate LLMs. However, I found it interesting how few B2B companies mentioned whether or not they trained their own model. If I had to guess, I'd say many are using ChatGPT or a fine-tuned version of Llama 2. But it raises an interesting question - if the AI provides value, does it matter if it's "just" ChatGPT behind the scenes? And once ChatGPT becomes fine-tuneable, when (if ever) will startups decide to ditch OpenAI and use their own model instead? "AI" isn't a silver bullet. At the end of the day, perhaps the biggest lesson is that "AI" isn't a magical cure-all - you still need to build a defensible company. At the beginning of the post-ChatGPT hype wave, it seemed like you just had to say "we're adding AI" to raise your next round or boost your stock price. But competition is extremely fierce. Even within this batch, there were multiple companies with nearly identical pitches, including: Solving customer support tickets. Negotiating sales contracts. Writing drafts of legal documents. Building no-code LLM workflows. On-prem LLM deployment. Automating trust and safety moderation. As it turns out, AI can be a competitive advantage, but it can't make up for a bad business. The most interesting (and likely valuable) companies are the ones that take boring industries and find non-obvious use cases for AI. In those cases, the key is having a team that can effectively distribute a product to users, with or without AI. Where we’re headed I'll be honest - 139 companies is a lot. In reviewing them all, there were points where it just felt completely overwhelming. But after taking a step back, seeing them all together paints an incredibly vivid picture of the current AI landscape: one that is diverse, rapidly evolving, and increasingly integrated into professional and personal tasks. These startups aren't just building AI for the sake of technology or academic research, but are trying to address real-world problems. Technology is always a double-edged sword - and some of the startups felt a little too dystopian for my taste - but I'm still hopeful about AI's ability to improve productivity and the human experience.

#reddit#lessons#startups
Why you should consider using small open source fine-tuned models
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hamada0001•This week

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 :)

#reddit#should#consider
The Cold-Calling AI Project I'm Working On Just Got Some Angel Investment!
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GrowthGet•This week

The Cold-Calling AI Project I'm Working On Just Got Some Angel Investment!

Hey y'all. The AI cold calling startup I've been working on for 3-4 months now just got a $2,500 angel investment, and we have 2 current customers, a credit card processing broker and a hospital equipment rental company based out of Texas. We have around $1,500 revenue so far, but we're having lots of trouble fulfilling the contracts because our tech just isn't "there" yet. I'm the Chief Tech Officer, and I'm also running some operations. The other main person in this is the CEO who has a strong sales background and came up with the idea. I've been working purely remotely, and it's great having some income because I'm stuck at home because I'm disabled, basically... ​ We're using 11labs, openai, google speech to text, and a sh\*tty online dialer right now to run the first MVP which runs locally on our "botrunners" computers, and we're developing a web app with django python + javascript react. Our plan is, after we get the webapp working better, to hire more botrunners for $3 per hour from countries like Phillipines and India, and we're going to try to track all the actions the botrunners take to be able to train the AI to run it fully automated. The biggest problem we're facing right now with the tech is reducing latency, it started at 27 seconds to get a response and I've been able to get it down to 6 seconds, but people are still hanging up. We're trying several ways to mitigate this, including having pre-rendered speech playing something like "Okay" or "As an artificial representative, I'm still learning to be quicker on the pickup. We appreciate your patience." One of the industries we want to target is international web development and digital marketing companies, and we want to use the bot to cold-call businesses to pitch them our services. The goal is to replace $30 an hour cold-callers from the USA with $3 per hour total-cost automation. Apparently the CEO was given a $5 million valuation from the strength of the MVP from a VC. Our investment so far was at a $300k valuation tho. It's exciting. Trying to get Twilio working to be able to make calls programmatically instead of using our hacky workaround. Let me know if you have any questions. I just wanted to share this awesome news!

#reddit#cold-calling#project
How a founder built a B2B AI startup to serve with 65+ global brands (including Fortune500 companies) (I will not promote)
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Royal_Rest8409•This week

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.

#reddit#founder#built
Serious B2B businesses will not try to create a solution using AI - This is why. [i will not promote]
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consultali•This week

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. :-)

#reddit#serious#businesses
Looking for an accountability partner as a solo founder. [I will not promote]
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EquivalentDecent5582•This week

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

#reddit#looking#accountability
The Cold-Calling AI Project I'm Working On Just Got Some Angel Investment!
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GrowthGet•This week

The Cold-Calling AI Project I'm Working On Just Got Some Angel Investment!

Hey y'all. The AI cold calling startup I've been working on for 3-4 months now just got a $2,500 angel investment, and we have 2 current customers, a credit card processing broker and a hospital equipment rental company based out of Texas. We have around $1,500 revenue so far, but we're having lots of trouble fulfilling the contracts because our tech just isn't "there" yet. I'm the Chief Tech Officer, and I'm also running some operations. The other main person in this is the CEO who has a strong sales background and came up with the idea. I've been working purely remotely, and it's great having some income because I'm stuck at home because I'm disabled, basically... ​ We're using 11labs, openai, google speech to text, and a sh\*tty online dialer right now to run the first MVP which runs locally on our "botrunners" computers, and we're developing a web app with django python + javascript react. Our plan is, after we get the webapp working better, to hire more botrunners for $3 per hour from countries like Phillipines and India, and we're going to try to track all the actions the botrunners take to be able to train the AI to run it fully automated. The biggest problem we're facing right now with the tech is reducing latency, it started at 27 seconds to get a response and I've been able to get it down to 6 seconds, but people are still hanging up. We're trying several ways to mitigate this, including having pre-rendered speech playing something like "Okay" or "As an artificial representative, I'm still learning to be quicker on the pickup. We appreciate your patience." One of the industries we want to target is international web development and digital marketing companies, and we want to use the bot to cold-call businesses to pitch them our services. The goal is to replace $30 an hour cold-callers from the USA with $3 per hour total-cost automation. Apparently the CEO was given a $5 million valuation from the strength of the MVP from a VC. Our investment so far was at a $300k valuation tho. It's exciting. Trying to get Twilio working to be able to make calls programmatically instead of using our hacky workaround. Let me know if you have any questions. I just wanted to share this awesome news!

#reddit#cold-calling#project
We received 25k investment offer, need advice [I will not promote]
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Agreeable_Ad6424•This week

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?

#reddit#received#investment
I am considering starting a SaaS business that automates the creation of long-form SEO-optimized blog posts. Is this something you would find useful, as a business owner?
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What_The_Hex•This week

I am considering starting a SaaS business that automates the creation of long-form SEO-optimized blog posts. Is this something you would find useful, as a business owner?

Trying to gauge the general interest level, from other entrepreneurs/business owners. The idea is, a tool that automates the process of creating long-form SEO optimized blog posts to promote your business -- perhaps creating entire batches of such posts, all from just one button click. Like if you could just describe your business, click a button, and BAM, it just outputs like an entire month's worth of absolutely fire SEO-optimized long-form blog posts? That would be super fucking convenient. Yes you can use ChatGPT for this, but the character limits make it so it can only output very short posts. Otherwise it requires first asking for an outline, then getting the different sections piecemeal and pasting it all together yourself. Still super time-consuming to do it that way. A GPT-based solution could probably automate the process I've hit upon in my own SEO blog-posting workflow -- where I output not just finished long-form blog posts, but also convert them into SEO-optimized HTML code so you can just paste it into your blog post website and have all the header tags etc set up for optimal SEO/keyword ranking purposes. Biggest counter-argument I make against this is, there are undoubtedly lots of companies already offering this. Doesn't mean I can't make money doing it. I just don't like entering super crowded marketplaces. Other main argument I have is, if I used my OpenAI account for this, there's the risk of some malicious/idiot user firing prompts that violate the OpenAI ToS and get me banned. I COULD have them input their own OpenAI API tokens, but that just adds adoption/usage barriers that would make it way harder to market/acquire initial customers. I guess I could sanitize the user inputs as a pre-processing step to block any obscene prompts or anything like that, but still, it's a risk. Let me know your thoughts on this idea. ASSUMING it worked effectively -- and made it very easy for you to just describe your business offerings / value propositions / target market(s), then get genuinely useful long-form SEO-optimized blog posts, is this something you'd be willing to pay for? If so, what dollar amount, to you, would seem reasonable? It would probably just be hosted on a website. Then you'd just copy the outputted final result for use as needed on your website. That would be the simplest way to do it. Technically it could function as like, a plugin for specific websites that maybe auto-posts them for you too -- it would be simpler, on my end, to start out doing this on a standalone website. (Might also make it easier to allow users to try it out, on first visit.) One last point -- MAYBE it would have an optional intermediate step, where it would first output the planned outline for the blog post, allowing you to pop in, quickly modify that, add your own thoughts / valuable ideas (to help make the blog post more unique, truly useful for readers, more your own) -- THEN you could finalize it and hit submit. Again, that's the workflow I've hit upon in my own semi-automated blog-posting workflow, and it's led to some pretty useful long-form content that isn't just, boring garbage, but contains lots of genuinely useful ideas that I would include in my own uniquely-created blog posts on the subject. But instead of me taking the time to write it, I just kinda toss in a few quickly typed out ideas to expand upon, and ChatGPT does the rest. Imagine that kind of optional / customizable workflow, but the rest of it is fully automated. OR you could just get the fully automated blog posts with no revisions on your part. Thanks!

#reddit#considering#starting
Seeking advice from every type of business owner - if you have a moment & an opinion please chime in.
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Organic_Crab7397•This week

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.

#reddit#seeking#advice
Looking for more people to test out my AI App building product!
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Got_Restarted•This week

Looking for more people to test out my AI App building product!

Hey guys, I am looking for a few people to do an early test on a product I made. The product allows you to tell an AI about an app you want, and it will create it for you! I hope this will help many people here build the online business they have always wanted with essentially no work. This isn't like cursor ai, there is no code written in front of you. Instead, you are presented with multiple variations of an app, and you can tell the AI what changes to make. It's meant to be a creative journey, not a technical one. THIS IS NOT A SALES PITCH AND IS 100% FREE. Just building fun stuff out here and I need great people to try it!

#reddit#looking#more
In this post, share your small business experience, successes, failures, AMAS, and lessons learned. Week of March 10, 2025
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Charice•This week

In this post, share your small business experience, successes, failures, AMAS, and lessons learned. Week of March 10, 2025

This post welcomes and is dedicated to: Your business successes Small business anecdotes Lessons learned Unfortunate events Unofficial AMAs Links to outstanding educational materials (with explanations and/or an extract of the content) In this post, share your small business experience, successes, failures, AMAs, and lessons learned. Week of December 9, 2019 /r/smallbusiness is one of a very few subs where people can ask questions about operating their small business. To let that happen the main sub is dedicated to answering questions about subscriber's own small businesses. Many people also want to talk about things which are not specific questions about their own business. We don't want to disappoint those subscribers and provide this post as a place to share that content without overwhelming specific and often less popular simple questions. This isn't a license to spam the thread. Business promotion and free giveaways are welcome only in the Promote Your Business thread. Thinly-veiled website or video promoting posts will be removed as blogspam. Discussion of this policy and the purpose of the sub is welcome at https://www.reddit.com/r/smallbusiness/comments/ana6hg/psawelcometorsmallbusinesswearededicated_to/

#reddit#post,#share
What Problem Holds You Back? (testing a hypothesis about business solutions)
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RogersMathdotcom•This week

What Problem Holds You Back? (testing a hypothesis about business solutions)

I have a hypothesis about solving small business challenges that I'd like to test with real entrepreneurs' perspectives. I believe that the most valuable application of AI isn't in chatbots or SaaS automations, but in enhancing how we solve real-world business problems through better analysis and solution design. Please note that I have no particular product or service to sell or promote, just a hunch to test. The Process: You share your specific business challenge (questions below) I'll use AI to analyze your situation and generate additional solution possibilities you may not have considered You tell me how viable or useful these AI-generated suggestions are for your real-world situation This feedback helps validate whether AI can truly add value to business problem-solving Please share: What ONE problem, bottleneck, or challenge is currently the BIGGEST headache holding back your business? How long has it been an issue? How much do the known alternatives to fix it cost? Which of those alternatives are you leaning towards using and why... or do you have a new or different idea you want to try? Your insights will help validate or disprove whether AI-enhanced problem-solving can genuinely help small business owners tackle their actual challenges. I plan to document this research (likely in a book), whether the results support my hypothesis or not. I'm looking for raw, honest responses - no sugar coating needed. Your real-world experience is what matters here. After I provide AI-generated solutions, please share your honest, subjective feedback about: How practical these suggestions are [0,10] What the AI might be missing about real-world implementation Whether any suggestions offer genuinely new perspectives you hadn't considered Thank you for helping me test this out.

#reddit#problem#holds
Seeking advice from every type of business owner - if you have a moment & an opinion please chime in.
reddit
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Organic_Crab7397•This week

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.

#reddit#seeking#advice
Supporting SMBs Through Grants
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CapitalWash5939•This week

Supporting SMBs Through Grants

Hey Reddit! With GetGrant, our aim isn't business promotion - it's genuinely helping SMBs navigate the world of grants using AI. We're prepping for launch and want to offer communities early access and exclusive discounts. If you're part of an SMB or nonprofit community, let's collaborate! We want to make grants truly accessible and beneficial for SMBs. PM if interested in partnering! #GrantsForSMBs #RealHelpRealImpact

#reddit#supporting#smbs
How do you explain, to a non-programmer why it's hard to replace programmers with AI?
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Otherwise_Soil39•This week

How do you explain, to a non-programmer why it's hard to replace programmers with AI?

to me it seems that AI is best at creative writing and absolutely dogshit at programming, it can't even get complex enough SQL no matter how much you try to correct it and feed it output. Let alone production code.. And since it's all just probability this isn't something that I see fixed in the near future. So from my perspective the last job that will be replaced is programming. But for some reason popular media has convinced everyone that programming is a dead profession that is currently being given away to robots. The best example I could come up with was saying: "It doesn't matter whether the AI says 'very tired' or 'exhausted' but in programming the equivalent would lead to either immediate issues or hidden issues in the future" other then that I made some bad attempts at explaining the scale, dependencies, legacy, and in-house services of large projects. But that did not win me the argument, because they saw a TikTok where the AI created a whole website! (generated boilerplate html) or heard that hundreds of thousands of programers are being laid off because "their 6 figure jobs are better done by AI already".

#reddit#explain,#non-programmer
Easy small implementations of AI
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misteick•This week

Easy small implementations of AI

I think everyone secretely (or not secretly) love small implementations with training examples, dataset preprocessing etc in just a small colab notebook. Why do almost everyone create big github repositories with tones of code just for a not-that-big model ? Maybe it's just me who isn't able to find small notebooks? Does anyone has source with extremely useful small notebooks?

#reddit#easy#small
ML/AI and Digital Marketing
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rmend8194•This week

ML/AI and Digital Marketing

M28, studied Economics in school, have 5 years of experience in Digital Marketing, and have a good grasp of Python. More and more, I see that my full time job in Digital Advertising is becoming automated due to Machine Learning on platforms like Meta/Google. I'm concerned that in the long run I won't be very valuable. Advertising is already a mid-paying career as is. My thought is to learn about machine learning/AI for the first half of this year and then create a side project to showcase to future employers. My questions are: How should I learn about ML/AI? Is Andrew Ng's Coursera course a good place to start? I often feel that with courses I struggle to retain the information as I don't use it. Should I start a side project before or after completing a course? Also thought about creating a newsletter just so I can distill the learnings. 10 years from now, how valuable will knowing AI/ML be? Will the AI/ML systems get so advanced that human intervention is not needed and therefore isn't a skill to invest in? Should I instead invest in a creative skill set?

#reddit#ml/ai#digital
The SPY Trader - AI-generated trading news and strategies [podcast]
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manojs•This week

The SPY Trader - AI-generated trading news and strategies [podcast]

https://open.spotify.com/show/1tuddwOWyNomjDo7vFMkFo This was a fun weekend project. I have been playing with stocks lately and realized that there isn't any podcast that provides frequent market updates to summarize latest developments with takeaways for traders. So I hacked this together. The goal is to provide timely summaries of critical news impacting the markets, analysis, and recommendations. The unique thing is frequent updates - once every 3 to 6 hours. Feedback welcome - I hope you find it useful!

#reddit#trader#ai-generated
I made a super niche app for sailors and scaled it to 500k downloads
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TechPrimo•This week

I made a super niche app for sailors and scaled it to 500k downloads

I started developing this app in 2016, and it was my first app ever. I already had several years of programming experience. Since I was studying maritime navigation, I came up with the idea of creating a maritime app to help students with various nautical calculations and learn maritime regulations. Although I had no experience in mobile app development, I chose the Ionic framework and started development gradually. First Version The first version took me about four months to develop because I literally had to learn everything from scratch: how to develop mobile apps, how to publish them, and everything needed to enable downloads on the app stores. Many of you might recognize me from my story about developing Sintelly and its late monetization. I made the same mistake with this maritime app. At that time, in my country, there was no possibility of earning through in-app purchases, only through ad displays. Since the app was predominantly downloaded in countries like India, the Philippines, and Indonesia, the ad revenue was quite low, and after some time, I removed the ads. Abandonment and Realization As I started developing other apps, this one fell into obscurity. I even just remembered that I needed to renew the domain, which resulted in losing it. The domain buyer tried to sell it back to me for years for $20k, which was absurd. All this led me to rebrand and start working on this app again. Interestingly, during these 8 years, the app never showed a declining trend in installations or active users. I'll share some numbers to give you insight: Total installations (Android + iOS): 501,000 Active installations (Android): 48,000 Monthly active users: 20,000 Average rating: Android 4.8, iOS 4.7 When I considered these numbers, I realized they weren't bad at all and that I was far ahead of most competitors. This led to my decision to rebrand and create a new website. I quickly built the website using WordPress and published lots of existing content from the app. What surprises me is that today, after a year and a half, the website has about 8-10k monthly organic visits. Choosing a Direction Based on all this, I decided it was time to create a Premium version and start selling the app. Since I've been working with AI for many years (which I've written about here), I started thinking about using AI to help seafarers speed up some of their tasks. This led to the idea of creating a multi-agent system equipped with numerous tools to help seafarers. I developed various agents with functionalities, including retrieving maritime weather information, locating and tracking ships, doing various nautical calculations, calculating the shortest maritime routes and unit conversions, and learning about all courses and maritime regulations. All this required considerable work, but thanks to tools like Cursor and Claude, I implemented it in less than four weeks. Last week, I published this new version and started selling subscriptions, and I can already boast that I've earned slightly over $100. This isn't much, but I'm happy to see my first app generating some income, which I always thought impossible. Along this journey, I learned many lessons, and the most important one is to never give up or write off a product. With a little effort, everything can be brought back to life and secure at least some passive income, enough for your morning coffee. Additionally, I learned how to develop mobile apps, which has shaped my career since then. If it weren't for this app, I probably would never have become a developer. I have numerous plans for what to add next and how to improve. I'll base everything on AI features and push the app in that direction.

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How I Built a $6k/mo Business with Cold Email
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Afraid-Astronomer130•This week

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

#reddit#built#$6k/mo
Things I did to promote my product, and how they turned out
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laike9m•This week

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.

#reddit#things#promote
How I went from $27 to $3K as a solopreneur still in a 9-5
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jottrled•This week

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.

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How I Automated Amazon Affiliate Marketing: A Developer's Journey
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siom_c•This week

How I Automated Amazon Affiliate Marketing: A Developer's Journey

From Manual Labor to 1000x Efficiency As a developer who ventured into affiliate marketing, I discovered a significant gap between technical possibilities and current practices. This revelation led me to create AutoPin, a tool that's now helping hundreds of affiliate marketers reclaim their time. The Problem: A Time-Consuming Reality Every affiliate marketer knows this scenario: you spend hours copying and pasting links, checking prices, and updating product information. I found myself dedicating 4-6 hours daily to these repetitive tasks. As a programmer, this felt fundamentally wrong. The typical affiliate marketing workflow looked like this: Find promising products Generate affiliate links one by one Monitor price changes manually Check product availability regularly Update content when things change Repeat this process daily This manual process had several critical issues: Time Waste: 20-30 hours weekly on repetitive tasks Missed Opportunities: Unable to scale beyond 100 products Human Error: Inevitable mistakes in manual updates Delayed Updates: Lost commissions due to outdated information The Solution: Building AutoPin After three months of development and six months of testing, I created a system that could: Generate hundreds of affiliate links in minutes Monitor price changes automatically Update product availability in real-time Export data in multiple formats Scale infinitely without additional effort Real Results, Real Impact The impact was immediate and significant: 📊 Efficiency Metrics: Link generation: From 2 minutes per link to 0.1 seconds Monitoring capacity: From 50 to 5000+ products Update frequency: From daily to real-time Error rate: Reduced by 99.9% 💡 User Success Stories: "Increased my product portfolio by 10x without adding work hours" "Revenue grew 300% in the first month" "Finally able to focus on content creation instead of link management" Technical Insights The system architecture focuses on three core components: Data Extraction Engine Efficient web scraping Rate limiting and proxy management Data validation and cleaning Real-time Monitoring System Websocket connections for instant updates Queue management for large-scale monitoring Smart scheduling based on price volatility Export Framework Multiple format support (CSV, HTML, Markdown) Custom templating engine Batch processing capabilities The Future of Affiliate Marketing Automation We're currently developing AI capabilities to: Generate product descriptions automatically Optimize link placement for conversion Predict price trends and best promotion times Create content variations for different platforms Key Learnings Automation is Essential The future of affiliate marketing lies in automation. Manual processes simply can't compete with automated systems in terms of efficiency and accuracy. Focus on Value Creation When marketers spend less time on repetitive tasks, they can focus on strategy and content quality. Scale Matters With automation, the difference between managing 10 products and 1000 products becomes minimal. Getting Started If you're an affiliate marketer spending hours on manual tasks, it's time to automate. Here's what you can do: Analyze your current workflow Identify repetitive tasks Start with basic automation Scale gradually Monitor and optimize Conclusion The transformation from manual to automated affiliate marketing isn't just about saving time—it's about unlocking potential. When you remove the tedious aspects of affiliate marketing, you create space for creativity, strategy, and growth. Want to experience the difference? Visit AutoPin at autopin.pro and join the automation revolution. Remember: The best time to automate was yesterday. The second best time is now. About the Author: A developer turned affiliate marketer who believes in the power of automation to transform digital marketing. #AffiliateMarketing #Automation #Programming #DigitalMarketing #SaaS #ProductivityTools

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How to get your first 10 customers with cold email
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LieIgnorant6304•This week

How to get your first 10 customers with cold email

Cold email is an insane channel for growth, especially for bootstrapped startups as it's very low cost but completely scalable. Yet there's a huge difference between blind cold emailing and crafting personalized outreach for select individuals. The latter is a legit channel which makes many businesses scale in short amounts of time (i.e. see Alex Hormozi’s ‘$100 Million Dollar Offer’). My goal here is to help other founders do what I did but quicker. So you can learn faster. And then teach me something new too. These are the step-by-step lessons I've learnt as a bootstrapped founder, showing you how to use cold email to get your first customers: Find your leads Write engaging email copy Personalize your outreach Send emails Scale up Find your leads This is a key step. Once you figure out exactly who you want to target and where to find them, you'll be printing money. There's a few different ways to go about finding valuable leads. The secret? Keep testing different approaches until you strike gold. First, dedicate some time every day to find and organise leads. Then, keep an eye on your numbers and bounce rates. If something's not working, switch it up. Stick with what's bringing in results and ditch what's not. It's all about staying flexible and learning as you go. Apollo.io is a great starting point as an effective lead source. Their tool allows you to specify filters including job titles, location, company size, industry, keywords, technologies, and revenue. Get specific with your searches to find your ideal customers. Once you have some results you can save and export them, you'll get a list of contact information including name, email, company, LinkedIn, ready to be verified and used. LinkedIn Sales Navigator is another good source. You can either do manual searches or use a scraper to automate the process. The scrapers I'd recommend checking out are FindyMail and Evaboot. As with Apollo, it's best to get very specific with your targeting so you know the prospect will be interested in your offer. BuiltWith is more expensive but ideal if you're targeting competitors. With BuiltWith you can build lists based on what technologies companies are using. For example if you're selling a Shopify app, you'd want to know websites or stores using Shopify, and reach out to them. The best lead sources will always be those that haven't been contacted a lot in the past. If you are able to find places where your target audience uniquely hangs out, and you can get their company website domains, they have the potential to be scrapped, and you have a way to personalize like "I spotted your comment on XYZ website". Once you've got your leads, keep them organized. Set up folders for different niches, countries, company sizes, so you can review what works and what doesn't. One more thing – before you start firing off emails, make sure those addresses are verified. Always use an email verifier to clean up your list and avoid bounces that may affect your sending reputation, and land you in the spam folder. I use Neverbounce for this but there are other tools available. Write engaging email copy Writing a good copy that gets replies is difficult, it changes depending on your offer/audience and nobody knows what's going to work. The best approach is to keep testing different targeting and messaging until you find what works. However, there are some key rules to stick to that I've outlined. For the subject line, keep it short and personalized. Try to write something that sparks interest, and mention the recipients name: Thought you’d like this {{first name}} {{firstName}} - quick question For the email body it's best to use a framework of personalization, offer, then call to action. Personalization is an entire subject in its own right, which I've covered below. In short, a personalized email opener is the best way to grab their attention, and let them know the email is relevant to them and to keep reading. Take it from Alex Hormozi and his $100M Offers playbook – your offer is very important to get right. Make sure your offer hits the mark for your target audience, and get as specific as possible. For example: I built a SaaS shopify app for small ecommerce businesses selling apparel that doubles your revenue in 60-days or your money back. We developed a cold email personalization tool for lead generation agencies that saves hundreds of hours, and can 3x your reply rate. Lastly, the CTA. The goal here isn't to get sign-ups directly from your first email. It's better to ask a brief question about whether the prospect would be interested in learning more. Something very low friction, that warrants a response. Some examples might include: Would you be interested in learning more about this? Can we connect a bit more on this? Mind if I send over a loom I recorded for you? Never send any links in the first email. You've reached out to this person because you have good reason to believe they'd find real value in your offer, and you want to verify if that's the case. After you get one reply, this is a great positive signal and from there you can send a link, book a call, provide a free resource, whatever makes sense based on their response. Personalize your outreach Personalization is one of the most important parts of the process to get right. Your recipient probably receives a multitude of emails every day, how can you make yours stand out, letting them know you've done your research, and that your email is relevant to them? Personalizing each email ensures you get more positive replies, and avoid spam filters, as your email is unique and hasn't been copied and pasted a million times over. The goal is to spark the recipient's interest, and let them know that you're contacting them for good reason. You might mention a recent achievement, blog post or product release that led you to reach out to the prospect specifically. For example: Your post on "Doing Nothing" gave me a good chuckle. Savvy marketing on Cadbury's part. Saw that you've been at Google for just under a year now as a new VP of sales. Spotted that you've got over 7 years of experience in the digital marketing space. Ideally you'll mention something specifically about the prospect or their company that relates to your offer. The downside to personalization is that it's hard to get right, and very time consuming at scale, but totally worth it. Full disclosure, me and my partner Igor just launched our new startup ColdClicks which uses AI to generate hyper-personalized email openers at scale. We built the tool as we were sending hundreds of emails a day, and personalizing every individual email took hours out of our day. ColdClicks automates this process, saving you time and getting you 2-3x more replies. Send emails At this stage you've decided on who you're targeting, you've mined some leads, and written copy. Now it's time to get sending. You can do this manually by copy and pasting each message, but one of the reasons cold email is so powerful is that it's scalable. When you build a process that gets customers, you'll want to send as many emails as you can to your target market. To get started quickly, you can use a mail-merge gmail tool, the best I've used is Maileteor. With Maileteor you upload your lead data to Google sheets, set-up an email template and Mailmetor will send out emails every day automatically. In your template you can define variables including name, company, and personalization to ensure your email is unique for each recipient. Alternatively, you may opt for a more comprehensive tool such as Instantly. Instantly includes unlimited email sending and accounts. There's more initial setup involved as you'll need to set-up Google workspace, buy sending domains, and warm up your email accounts, but when you become familiar with the process you can build a powerful lead generation / customer acquisition machine. Some key points to note, it's very important to warm up any new email accounts you set up. Warmup is the process of gradually establishing a positive reputation with email service providers like Gmail or Yahoo. Make sure to set up DKIM and DMARC on those new email accounts too, to maximise your chances of landing in the inbox. Scale up Once you've found a process that works, good things happen, and it becomes a numbers game. As you get replies and start to see new users signing up, you'll want to scale the process and send more emails. It's straightforward to add new sending accounts in a sending tool like Instantly, and you'll want to broaden your targeting when mining to test new markets. Unfortunately, sending more emails usually comes with a drop in reply rate as you have less time to personalize your messaging for each recipient. This is where ColdClicks shines. The tool allows you to upload thousands of leads and generate perfectly relevant email personalizations for every lead in your list, then export to your favorite sending tool. The examples I listed above in the personalization section were all generated by ColdClicks. Wrapping it up Cold email is an amazing way to validate your product and get new customers. The channel gets a bad rap, but there's a huge difference between blind cold emailing and crafting personalized outreach for individuals who will find value in your product. It's perfect for bootstrapped founders due to its affordability and scalability, and it's the driver of growth for many SaaS businesses. Time to get your first 10 customers! As you start sending, make it a habit to regularly check for new leads. Always experiment with market/messaging, track every campaign so you can learn what's working and iterate, and when you do get positive responses, reply as soon as you can!

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[D] Why I'm Lukewarm on Graph Neural Networks
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VodkaHaze•This week

[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

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[D] Playing big league at home on a budget?
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ballerburg9005•This week

[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.

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[D] The machine learning community has a toxicity problem
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yusuf-bengio•This week

[D] The machine learning community has a toxicity problem

It is omnipresent! First of all, the peer-review process is broken. Every fourth NeurIPS submission is put on arXiv. There are DeepMind researchers publicly going after reviewers who are criticizing their ICLR submission. On top of that, papers by well-known institutes that were put on arXiv are accepted at top conferences, despite the reviewers agreeing on rejection. In contrast, vice versa, some papers with a majority of accepts are overruled by the AC. (I don't want to call any names, just have a look the openreview page of this year's ICRL). Secondly, there is a reproducibility crisis. Tuning hyperparameters on the test set seem to be the standard practice nowadays. Papers that do not beat the current state-of-the-art method have a zero chance of getting accepted at a good conference. As a result, hyperparameters get tuned and subtle tricks implemented to observe a gain in performance where there isn't any. Thirdly, there is a worshiping problem. Every paper with a Stanford or DeepMind affiliation gets praised like a breakthrough. For instance, BERT has seven times more citations than ULMfit. The Google affiliation gives so much credibility and visibility to a paper. At every ICML conference, there is a crowd of people in front of every DeepMind poster, regardless of the content of the work. The same story happened with the Zoom meetings at the virtual ICLR 2020. Moreover, NeurIPS 2020 had twice as many submissions as ICML, even though both are top-tier ML conferences. Why? Why is the name "neural" praised so much? Next, Bengio, Hinton, and LeCun are truly deep learning pioneers but calling them the "godfathers" of AI is insane. It has reached the level of a cult. Fourthly, the way Yann LeCun talked about biases and fairness topics was insensitive. However, the toxicity and backlash that he received are beyond any reasonable quantity. Getting rid of LeCun and silencing people won't solve any issue. Fifthly, machine learning, and computer science in general, have a huge diversity problem. At our CS faculty, only 30% of undergrads and 15% of the professors are women. Going on parental leave during a PhD or post-doc usually means the end of an academic career. However, this lack of diversity is often abused as an excuse to shield certain people from any form of criticism. Reducing every negative comment in a scientific discussion to race and gender creates a toxic environment. People are becoming afraid to engage in fear of being called a racist or sexist, which in turn reinforces the diversity problem. Sixthly, moral and ethics are set arbitrarily. The U.S. domestic politics dominate every discussion. At this very moment, thousands of Uyghurs are put into concentration camps based on computer vision algorithms invented by this community, and nobody seems even remotely to care. Adding a "broader impact" section at the end of every people will not make this stop. There are huge shitstorms because a researcher wasn't mentioned in an article. Meanwhile, the 1-billion+ people continent of Africa is virtually excluded from any meaningful ML discussion (besides a few Indaba workshops). Seventhly, there is a cut-throat publish-or-perish mentality. If you don't publish 5+ NeurIPS/ICML papers per year, you are a looser. Research groups have become so large that the PI does not even know the name of every PhD student anymore. Certain people submit 50+ papers per year to NeurIPS. The sole purpose of writing a paper has become to having one more NeurIPS paper in your CV. Quality is secondary; passing the peer-preview stage has become the primary objective. Finally, discussions have become disrespectful. Schmidhuber calls Hinton a thief, Gebru calls LeCun a white supremacist, Anandkumar calls Marcus a sexist, everybody is under attack, but nothing is improved. Albert Einstein was opposing the theory of quantum mechanics. Can we please stop demonizing those who do not share our exact views. We are allowed to disagree without going for the jugular. The moment we start silencing people because of their opinion is the moment scientific and societal progress dies. Best intentions, Yusuf

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[D] AI regulation: a review of NTIA's "AI Accountability Policy" doc
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elehman839•This week

[D] AI regulation: a review of NTIA's "AI Accountability Policy" doc

How will governments respond to the rapid rise of AI? How can sensible regulation keep pace with AI technology? These questions interest many of us! One early US government response has come from the National Telecommunications and Information Administration (NTIA). Specifically, the NTIA published an "AI Accountability Policy Request for Comment" on April 11, 2023. I read the NTIA document carefully, and I'm sharing my observations here for others interested in AI regulation. You can, of course, read the original materials and form your own opinions. Moreover, you can share those opinions not only on this post, but also with the NTIA itself until June 12, 2023. As background, the NTIA (homepage, Wikipedia) consists of a few hundred people within the Department of Commerce. The official mission of the NTIA is "advising the President on telecommunications and information policy issues". Topics covered by NTIA include broadband internet access, spectrum management, internet health, and now artificial intelligence. I do not know whether the NTIA will ultimately drive thinking around AI regulation in the United States or they are just a spunky lot who got something on paper early. The NTIA document is not a specific policy proposal, but rather a thoughtful discussion of AI regulation, followed by a long list of questions on which the NTIA seeks input. This format seems appropriate right now, as we're all trying to make sense of a fast-changing world. The NTIA document leans heavily on two others: the Blueprint for an AI Bill of Rights from the White House Office of Science and Technology and the AI Risk Management Framework from the National Institute of Standards and Technology (NIST). Without going into these two in depth, even tiny snippets convey their differing audiences and flavors: White House Blueprint: "You should be protected from safe and ineffective systems." NIST Framework: "Risk refers to the composite measure of an event’s probability of occurring and the magnitude or degree of the consequences of the corresponding event." Now, turning back to the NTIA document itself, I'll comment on three aspects (1) scope, (2) problems addressed, and (3) solutions contemplated. Scope is critical to understanding the NTIA document, and is probably worth keeping in mind in all near-term discussion of AI regulation. Over the past several years, at least two different technologies have been called "AI". The document mentions both, but the emphasis is NOT on the one you're probably thinking about. In more detail: A few years ago, regulators began scrutinizing "automated decisions systems", which passed as "AI" in those ancient times. An example would be an ML model used by a bank to decide whether or not you get a loan. That model might take in all sorts of information about you, combine it in mysterious ML ways, and reject your loan request. Then you might wonder, "Did that system effectively use my address and name to deduce that I am black and then reject my loan request on the basis of race?" There is some evidence of that happening, and this seems like an injustice. So perhaps such systems should be audited and certified so people know this won't happen. This is the focus of the document. These days, AI more commonly refers to open-ended systems that can engage on a wide range of topics and approximate human intelligence. The document briefly mentions generative AI models, large language models, ChatGPT, and "foundational models" (sic), but this is not the focus. The passing mentions may obscure this, unfortunately. In my opinion, these two notions of "AI" are radically different, and many of the differences matter from a regulatory perspective. Yet NTIA lumps both under a sweeping definition of an "AI system" as "an engineered or machine-based system that can, for a given set of objectives, generate outputs such as predictions, recommendations, or decisions influencing real or virtual environments." (Hmm, this includes my Magic 8-Ball…) Keep scope in mind as we turn to the next aspect: the problems under discussion. Now, NTIA's goal is to solicit input, so considering a wide range of potential problems associated with AI makes sense. Consistent with that, the document refers to democratic values, civil rights, civil liberties, and privacy. And citing the NIST doc, NTIA vaguely notes "a wide range of potential AI risks". Also, AI systems should be "valid and reliable, safe, secure and resilient, accountable and transparent, explainable and interpretable, privacy-enhanced, and fair with their harmful bias managed". And they should call their mothers \every\ week. (Okay, I made that one up.) A few comments on this formulation of the problem. First, these concerns feel more applicable to older-style AI. This includes automated decisions systems, like for a bank loan or for a prison parole recommendation. Sure, I believe such systems should operate in ways consistent with our consensus societal values, and further regulation may be needed to achieve that. But, hello! There's also another, newer class of AI that poses additional challenges. And I don't see those discussed in the NTIA document. Such challenges might include: People losing jobs because AI takes their work. Ensuring malicious people don't use AI tools to wreak havoc on the world. Sorting out intellectual property issues around AI to ensure both rapid progress in the field and respect for creators' rights. Ensuring laws appropriately assign culpability to humans when AIs cause harm. Planning for an incident analogous to the first internet worm, where an AI goes rogue, wreaks some havoc, and everyone is shocked (before it happens 28,385 more times). Bottom line: when I cntrl-F the doc for "robotic overlords", I get zero hits. ZERO. This is why I now believe scope is so important when considering efforts to regulate AI: are we talking about old-school AI or 2023-era AI or what? Because they are pretty different. The last aspect I'll address is the solutions contemplated. Again, NTIA's goal is to stimulate discussion, not propose something specific. Nevertheless, there is a strong push in one particular direction: unlike, "robotic overlord", the word "audit" appears more than 100 times along with many instances of "assessment" and "certification". On one hand, this approach makes sense. Suppose you want to ensure that a bank loan system is fair, that a social media platform isn't spreading misinformation, that a search engine is returning accurate results, etc. Then someone, somewhere has to assess or audit that system and look for problems. That audit might be done by the creator of the system or a third-party auditing agency. Such audits could be incentivized by mandates, prizes, or shiny gold stars. The government might help by fostering development of auditing tools and data. The NTIA is open to all such possibilities and seeks input on how to proceed. On the other hand, this seems like a tactic best suited to automated decision systems operated by financial institutions, government agencies, and the like. Such formal processes seem a poor fit for the current AI wave. For example: Auditing will take time and money. That's something a bank might pay for a system that will run for years. For something fine-tuned over the weekend at a startup or by some guy living in his mother's basement, that's probably not going to happen. Auditing a straightforward decision system seems far easier than assessing an open-ended AI. Beyond basic practicality, the AI could be taught to lie when it senses an audit. Also, auditing procedures (like the NTIA doc itself) will presumably be online, which means that AIs will read them and could potentially respond. Most current ML models fix parameters after training, but I think we'll soon see some models whose parameters evolve as they engage with the world. Auditing such a system that varies continuously over time seems especially difficult. Auditing a foundation model probably tells you little about derivative models. A sweet-hearted model can surely be made into monster with moderate additional training; you don't need to teach the model new cognitive skills, just repurpose existing ones to new ends. More generally, auditing doesn't address many of my concerns about AI regulation (see list above). For example, auditing sort of assumes a basically responsible actor (bank, government agency, big tech company), but AI could be misused by malicious people who, naturally, will not seek a responsible outside assessment. In any case, for both old-school and modern AI, auditing is only one line of defense, and that's not enough. You can audit until you're blue in the face, stuff will still get through, and AI systems will still cause some harm. So what's the next line of defense? For example, is our legal system ready to sensibly assign culpability to humans for AI-related incidents? In summary, the critical problem with the NTIA document is that it creates a largely false appearance of US government engagement with the new class of AI technology. As a result, people could wrongly believe that the US government is already responding to the rise of AI, and fail to advocate for actual, effective engagement. That said, the NTIA document does address important issues around a prominent technology sometimes (formerly?) called "AI". Even there, however, the proposed approach (auditing) seems like an overly-fragile, single line of defense.

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[D] Working with Various OpenAI Models - My Thoughts and Experiences
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bart_so•This week

[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 :)

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Tech founders -- you're being lied to
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Saskjimbo•This week

Tech founders -- you're being lied to

I've been meaning to post this for a while. I saw a video recently that put me over the edge. You guys need to know what's up. Venture capitalists, angels, and accelerators all want you to build fast and fail faster. They want to you get your mvp buult in as little as a couple weeks. I'm a software dev and I own SaaS company. I'm here to tell you that you're being lied to. It's 2023. Unless some customer is about to drown because of their problem, they are not going to respect, or consider your trashy looking mvp. People these days expect a certain level of polish and professionalism when it comes to software before they give it more than 3s of their time. If your software took 80 hours to build, good chance that even customers from your target market will disregard it unless you're solving some insanely painful problem. And if you're using you're mvp for market research, people aren't going to talk to you if they believe that they spent more time getting dressed that morning than you put into your product. Build things that you can be proud of. Time boxing your first dev cycle into a few days or even weeks limits the scope of what you can build. I've spent more time than this figuring out a single api. Its this time boxing that leads 1000s of people to build the same shit. It's low quality work and exists in a super saturated market. And given the small scope of the product, the amount you'll be able to charge means the LTV of a customer will be lower than you CAC. Meaning your company will always lose money. The negative reception from your pre alpha product will have you think that people don't like you or your work. It's simply not the case. Few on this planet could produce something captivating in 100 hours. VCs tell you to ship your garbage MVP asap because of the following reason. They view every product that ships as a lotto ticket. If they like the look of it, they'll buy a ticket. And the more products there are and the shittier they are, it means a) they have more ticket numbers to select from and b) the cost of the ticket is a lot cheaper than it would otherwise be if the product was nice. VCs are not your friends and often, don't know how to build or market products. They are in it for the money and any advice they give to you or the community will be self serving. The indie community needs to wake up and realize that quality software built by a small team that people will pay for in this saturated market often takes months if not years to build. The idea of building a product and putting it in front of customers in 2 weeks is dumb. I've used some of these products and they are so limited in scope, broken and poorly designed that I don't give them anymore than a minute or two of my time. Note: validate your ideas before writing code. I'm not advocating spending a year writing software for an unproven market or problem. Yes, there are exceptions and stories of people shipping in no time and getting traction, but these are not the norm. Lastly, this philosophy is why you have and will continue to see a million products centered around AI. For those of you who aren't devs, Open AI made chatgpt accessible to developers and it's like 3 lines of code to ask it a question, get a response and save that response within your program. It's super low effort to integrate and that's why everyone will be building the same types of products with it. Tl;dr: Investors and gurus have agendas. Be logical about the level of effort required to build a software company and put forth only work that you're proud of. Being able to code doesn't give you a magical ability to create massive value with only a few weeks of work. You have to grind like pretty much every other successful business owner. I'll likely be banned for this, but fuck it. Ive got a sub where I'll share more insight and ban bullshit and idiotic posts with zero warning. It's not for everyone and I'll usually let you know pretty quick if our relationship isn't going to work. 6000 people and growing. r/cutthebull I'll write a post on that sub in the next few mins on how to guarentee accountability from top level management at your company.

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If only someone told me this before my first startup
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johnrushx•This week

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

#reddit#only#someone
I Quit My Tech Job 6 Months Ago. Built 10+ Products. Made $0. Here's Everything I Learned.
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Waynedevvv•This week

I Quit My Tech Job 6 Months Ago. Built 10+ Products. Made $0. Here's Everything I Learned.

I quit my tech job 6 months ago to go full indie. Had enough savings and didn't want to miss the AI wave. Since then, I've built 10+ products - B2C, B2B, mobile apps, directories, marketplaces, you name it. But I keep repeating the same cycle: have an idea, dream big, build for weeks, "launch" (and by launch, I mean just deploy and go live with zero promotion), then get bored and lose motivation to market it. Then I start looking for new ideas to build. Is it just me, or does anyone else face something similar? Maybe coding is my comfort zone and marketing isn't, that's why... I knew entrepreneurship was hard, but it's MUCH harder than I thought. After these failures, here's everything I've learned: Lessons Learned The Hard Way Don't build something you don't have passion for. Pushing a product is hard and takes tremendous effort. If you don't have passion for it, you won't push through the initial "no interest" zone. Think carefully: would you be proud of what you build after building it? If yes, proceed. If not, don't waste time. Build your audience/network first. This isn't new advice, but it's 100% key for entrepreneurs to succeed. I'm still figuring this out, but one thing is clear: "Value" is the key. Stop posting random stuff and instead give value. People don't care about you and your life, but they do care about what you can offer them. Don't rush. Entrepreneurship isn't a sprint; it's a marathon. Don't rush to build stuff. Take a step back to think, plan, and learn. Coding for 16 hours a day won't do you any good - you'll end up building something people don't want. What I'm Doing Differently Next Time After all these failures, I finally took time with myself to think about how I can approach things differently. Here's my new plan: I will not start a new project if I know I'll ditch it after building it. I will follow best practices: validate the idea, research competitors, look for beta users, and ship fast. I will start building my audience and personal brand through documenting the journey. I've already decided what I'm building next, and yes, this time I'm going all in. I'll apply everything I've learned so far, and hopefully, this time will be different. Will update you all soon. Keep shipping, folks! Hopefully we'll see your "I reached 10k MRR for my SaaS" post soon.

#reddit#quit#tech
AI Overviews make it harder for customers to discover your new product via Google. (Also, the default ChatGPT prompt does a poor job describing businesses to new customers.)
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MainProfession•This week

AI Overviews make it harder for customers to discover your new product via Google. (Also, the default ChatGPT prompt does a poor job describing businesses to new customers.)

Let's say you have developed a new digital product. One thing that has been true for 20 years is that you \need\ customers to be able to find it through online search eventually. Google's introduction of AI Overviews kills this, because they don't summarize all search results well, and likely just tell a user asking for something like your product that it \doesn't exist\ - \even if it is actually in the search results\ (I've verified this). This degradation of search as a means of discovery will make it harder to break into new markets. I guess this means more money needs to be set aside for marketing products via ads. I'm not sure how many business owners have acknowledged this change. Separately, I found that the default ChatGPT prompt (that most OpenAI users use, by far) hallucinated my app's purpose and described it in a borderline slanderous way. Other business owners might want to check this (Open AI at least lets you "thumbs down" a bad response). Google has rolled out AI Overviews to over 1B users and over 20% of info queries. ChatGPT has been a top 5 mobile app for 3 years. AI search has arrived, and it isn't particularly friendly to new businesses.

#reddit#overviews#make
How a founder built a B2B AI startup to serve with 65+ global brands (including Fortune500 companies)
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Royal_Rest8409•This week

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.

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[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]
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jamesackerman1234•This week

[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.

#reddit#[case#study]
AI Will Make You Extremely Rich or Kill Your Business in 2024
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AntsyNursery58•This week

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.

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5 Habits to go from Founder to CEO
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Falahil•This week

5 Habits to go from Founder to CEO

Over the years, I've gathered some knowledge about transitioning from a startup founder to a CEO. I started my company 7 years ago. We are now not super big (65 people), but we have learned a lot. We raised $19M in total and we are now profitable. The transition from Founder to CEO was crucial. Your startup begins to mature and scale and you need to scale with it. It's often a challenging phase, but I've managed to summarize it into five habbits. Say no to important things every day Being able to say "no" to important tasks every day is an essential practice for a growing leader. It's a reality that as the magnitude of your company or ideas expands, so does the influx of good ideas and opportunities. However, to transform from a mere hustler to a true leader, you have to become selective. This means learning to refuse good ideas, which is crucial if you want to consistently execute the outstanding ones. The concept that "Startups don't starve, they drown" resonates deeply because it underlines how challenging it can be to reject opportunities. A key strategy to develop this skill is time-constraining your to-do list. Here's how you can do it: Weekly: Formulate a weekly to-do list, including only those tasks that you're sure to complete within the week. Leave some buffer room for unexpected issues. If there's any doubt about whether you'll have time for a certain task, it should not feature on your weekly list. I use Todoist and Notion for task management. Daily: Apply the same rule while creating your daily to-do list. Only include tasks that you're confident about accomplishing that day. If a task seems too big to fit into one day, break it down into manageable chunks. Journaling Journaling is a powerful strategy that can help an individual transition from a reactive approach to a proactive one. As founders, we often find ourselves caught up in a cycle of endless tasks, akin to chopping trees in a dense forest. However, to ensure sustainable growth, it is crucial to develop an ability to "zoom out", or to view the bigger picture. I use The Morning Pages method, from Julia Cameron. It consists of writing each morning about anything that comes to mind. The act of writing effectively combines linear, focused thinking with the benefits of a thoughtful conversation. If you just want to journal, you can use Day One app (The free version will be enough). If you want to go a bit deeper, you can try a coaching app. I use Wave.ai and I also hired it for the managers in the company because it combines both journaling with habit building. &#x200B; Building Robust Systems and Processes (I know, it is boring and founders hate this) As a founder, you often need to wear multiple hats and juggle various roles. But as a CEO, it's vital to establish strong systems and processes that enable the business to function smoothly, even without your direct involvement. This includes: Implementing project management systems. Establishing clear lines of communication and accountability. Designing efficient workflows and procedures. To many founders, developing these systems might seem monotonous or even tedious. After all, the allure of envisioning the next big idea often proves more exciting. I experienced the same predicament. In response, I brought onboard a competent COO who excelled in systematizing processes. This strategy allowed me to kickstart initiatives and explore them in a flexible, less structured manner. Once an idea showed signs of gaining traction, my COO stepped in to streamline it, crafting a process that turned the fledgling idea into a consistent business operation. &#x200B; Meditating Meditation is about reprogramming unconscious mental processes by repeatedly performing fundamental tasks with a distinct intention. This practice can be even more crucial to leadership than acquiring a business school education. Because meditation provides the most direct route to understanding your mind's workings and thus, forms the most effective basis for transforming it. To transition from a founder to a CEO, a significant shift in your mindset is required. This shift involves moving from a hustle mentality to precision, from acting as a superhero solving problems to consciously stepping back, thereby providing room for your team members to discover their own superpowers. It's about shifting your success indicators - from individual achievements to the triumphs of your team. This transformation might not feel comfortable initially, and your instincts, shaped by your scrappy founder phase, might resist this change. However, with consistent practice, you can align your instincts with the stage of your company, promoting more effective leadership. This is where the value of meditation truly shines. It allows you to identify your distinct thought patterns in real time and, over time, modify them. I use Headspace a lot, and I also encourage the employees to use it. The company pays the subscription as a perk. &#x200B; Balancing the Macro and the Micro As the CEO, your primary focus should be on the big picture – your company's vision and strategy. However, you also need to keep an eye on the details, as these can make or break your execution. It's all about balance: Delegate the details but stay informed. Prioritize strategic planning but be ready to dive into the trenches when needed. Keep your eye on your long-term vision but adapt to short-term realities. The transition from founder to CEO isn't about giving up what made you successful initially but augmenting it with additional skills, perspectives, and practices. It's a personal and professional evolution that can lead to greater success for both you and your business. Every great CEO was once a founder. It's just about taking the next step. I’d love to hear your experiences or any tips you might have for this transition. In which step of your journey are you right now? Do you have employees already? What are your main challenges right now?

#reddit#habits#founder
MVP + AI/ML Implementation/Integration - Done for you SaaS
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rikksam•This week

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%.

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I just sold my startup for $200,000 after 11 months. AMA
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jeannen•This week

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

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New Entrepreneur Looking to Learn
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jlimbs•This week

New Entrepreneur Looking to Learn

Hi all, long-time lurker, and first-time poster. About six weeks ago, I left my full-time career in tech to dive headfirst into launching an AI-focused startup. It’s my first time as a founder (well, co-founder), and the journey already feels exhilarating and terrifying at the same time! I’ve got a tech team onboard, and we are starting to build out our platform. To make sure I'm building the right thing, it's a top priority for me to connect with our target audience of small business owners for discovery conversations. I’m eager to learn about: How (and if) you’re currently using AI in your business. What kind of value/impact does AI need to deliver for you to be willing to use it in your business. What challenges or blockers do you perceive around implementing AI solutions. I’m open to speaking with US-based business owners with companies ranging from 5-50 employees or so, and am particularly interested if you are non-technical. If you’re willing to share your experience, I’d love to chat for 15-30 minutes. Feel free to comment here or DM me if you’re interested—your insights (and trolling) would mean the world as I navigate this journey. Thanks in advance! P.S. - I know I'm being a little cagey about the details of what my start-up is doing. While I don't think we have the most innovative idea in the world, I'd prefer to hold off on posting details publicly. This isn't a backdoor sales call, I'm just looking to ask questions and learn.

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Where Do I Find Like-Minded, Unorthodox Co-founders? [Tech]
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madscholar•This week

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!

#reddit#find#like-minded,
how I built a $6k/mo business with cold email
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Afraid-Astronomer130•This week

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

#reddit#built#$6k/mo
AI Will Make You Extremely Rich or Kill Your Business in 2024
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AntsyNursery58•This week

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.

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

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.

#reddit#went#solopreneur
I Quit My Tech Job 6 Months Ago. Built 10+ Products. Made $0. Here's Everything I Learned.
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Waynedevvv•This week

I Quit My Tech Job 6 Months Ago. Built 10+ Products. Made $0. Here's Everything I Learned.

I quit my tech job 6 months ago to go full indie. Had enough savings and didn't want to miss the AI wave. Since then, I've built 10+ products - B2C, B2B, mobile apps, directories, marketplaces, you name it. But I keep repeating the same cycle: have an idea, dream big, build for weeks, "launch" (and by launch, I mean just deploy and go live with zero promotion), then get bored and lose motivation to market it. Then I start looking for new ideas to build. Is it just me, or does anyone else face something similar? Maybe coding is my comfort zone and marketing isn't, that's why... I knew entrepreneurship was hard, but it's MUCH harder than I thought. After these failures, here's everything I've learned: Lessons Learned The Hard Way Don't build something you don't have passion for. Pushing a product is hard and takes tremendous effort. If you don't have passion for it, you won't push through the initial "no interest" zone. Think carefully: would you be proud of what you build after building it? If yes, proceed. If not, don't waste time. Build your audience/network first. This isn't new advice, but it's 100% key for entrepreneurs to succeed. I'm still figuring this out, but one thing is clear: "Value" is the key. Stop posting random stuff and instead give value. People don't care about you and your life, but they do care about what you can offer them. Don't rush. Entrepreneurship isn't a sprint; it's a marathon. Don't rush to build stuff. Take a step back to think, plan, and learn. Coding for 16 hours a day won't do you any good - you'll end up building something people don't want. What I'm Doing Differently Next Time After all these failures, I finally took time with myself to think about how I can approach things differently. Here's my new plan: I will not start a new project if I know I'll ditch it after building it. I will follow best practices: validate the idea, research competitors, look for beta users, and ship fast. I will start building my audience and personal brand through documenting the journey. I've already decided what I'm building next, and yes, this time I'm going all in. I'll apply everything I've learned so far, and hopefully, this time will be different. Will update you all soon. Keep shipping, folks! Hopefully we'll see your "I reached 10k MRR for my SaaS" post soon.

#reddit#quit#tech
Detailed Guide - How I've Been Self Employed for 2 Years Selling Posters
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tommo278•This week

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.

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[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]
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[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.

#reddit#[case#study]
How I went from $27 to $3K as a solopreneur still in a 9-5
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jottrled•This week

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.

#reddit#went#solopreneur
Idea feedback: AI-native self-improvement & wellness
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thewhitelynx•This week

Idea feedback: AI-native self-improvement & wellness

Hello redditors! Thesis: We're all trying to live our best lives and many of us try to leverage technology to become better faster and easier. I’m trying to build a company that builds an AI-native solution for self-improvement. My thesis is that AI is an incredibly powerful tool for solving problems, particularly in programming and generally life - but ChatGPT isn't really designed to be your long-term 'coach'. It's great for handling specific tasks, answering questions, doing research, etc. - but it's memory and UX isn't optimized around things like behavior change, mental health support, and long-term personal life planning I believe my core problems (which I think are shared by many) are: 1) Staying motivated - it's easy to lose motivation when progress isn't immediately apparent, there are setbacks, etc. 2) Self-doubt - it makes me question myself and waste time wondering if I'm the right person to be doing this, if the idea is too broad, etc. Some of this is good - but a lot of it just makes me less effective 3) Staying on Track - I start a thing, but then gradually pivot a million different directions. This may be a touch of ADHD. I find that I'll have a long-term goal (e.g. launching a successful business), but I'll tend to wonder a lot in the process of executing over weeks and months. Staying on track just feels suprisingly difficult. I do create TODO lists and have a Kanban board I’m considering a bunch of features and have built a version focused more specifically towards mental health which implements a few: \----- • Guided Journaling Guided journaling prompts to facilitate deeper reflection • Specialist AI Coaches Personalized, expert AI coaching for your specific area of focus and goals For startup, marketing, life, fashion, whatever you want. • Goal Tracking Define, track, and achieve your goals • Behavior Change & Habit Formation Leverage the science of behavior change to help you make lasting changes in your life • Mood tracking Track and improve your mood leveraging science-backed techniques • Areas for growth Identify and develop your strengths and manage your weaknesses • Insight reports Get personalized insights into your cognitive and behavioral patterns • Inspirational Quotes Stay motivated with curated daily quotes relevant to your journey • Gamification of Growth & Mood Turn your mental health journey into a game and earn rewards for your progress \---- Would love thoughts on the idea, and feedback - and if anyone is interested in being a design partner / early user, I'd love to chat in greater depth 1:1!

#reddit#idea#feedback:
Critique my business ideas
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FocusOutrageous9685•This week

Critique my business ideas

So I have some business ideas that I would like to confront to you in order to have feedback. The point is to give me your completely honest opinion and try to find some potential problems. 1 - Digital marketing automation for green ecommerce stores Marketing has always been a problem for everyone in business more particularly for niche businesses. It's tough for them because people who will buy their product are generally harder to find. Also these products are way more expensive than other so it may be clever for them to focus more on marketing. Since the green and sustainable industry is growing at a very fast rate such as AI, I would like to hear your opinion on the idea of automating marketing for these type of businesses. 2 - AI Mental Health platform The mental health issues will gain more and more importance in the future. We now live in a world that isn't as safe as before and with the rise of social media we can predict that mental health issues will be more frequent especially for young people. PH, Instagram, Tiktok all of these are just bad for everyone and so an AI mental health plateform where people can chat with AI, discuss in anonymous forums and use integrated tools to reduce screen time and manage addiction I think would be a good idea. I haven't really thought about how to make money but as I write I was thinking about either a freemium model or integrate products from stores and kind of get affiliation, getting money when people buy the product. 3 - A car enthusiast website Everyday around 5000 millionaires are created so obviously the high end car industry is growing at a fairly fast rate. My idea would be to create a network where people would pay to ride in a supercar. There would be a map where people would look for cars in their area and chat with the owner basically. 4 - Marketing agency for real estate agents This is self explanatory. Common pain points include managing client communication, nurturing leads, following up on inquiries, and staying top-of-mind with potential buyers and sellers. Effective email automation can help with sending personalized follow-ups, reminders, newsletters, and market updates. It would be a subscription based business basically.

#reddit#critique#business
WE JUST GOT $2,500 in angel investment for our AI Cold Calling Startup! Hooray! Looking for web dev + digital marketing agencies to partner with.
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GrowthGet•This week

WE JUST GOT $2,500 in angel investment for our AI Cold Calling Startup! Hooray! Looking for web dev + digital marketing agencies to partner with.

Hey y'all. The AI cold calling startup I've been working on for 3-4 months now just got a $2,500 angel investment, and we have 2 current customers, a credit card processing broker and a hospital equipment rental company based out of Texas. We have around $1,500 revenue so far, but we're having lots of trouble fulfilling the contracts because our tech just isn't "there" yet. I'm the Chief Tech Officer, and I'm also running some operations. The other main person in this is the CEO who has a strong sales background and came up with the idea. I've been working purely remotely, and it's great having some income because I'm stuck at home because I'm disabled, basically... We're using 11labs, openai, google speech to text, and a sh\*tty online dialer right now to run the first MVP which runs locally on our "botrunners" computers, and we're developing a web app with django python + javascript react. Our plan is, after we get the webapp working better, to hire more botrunners for $3 per hour from countries like Phillipines and India, and we're going to try to track all the actions the botrunners take to be able to train the AI to run it fully automated. The biggest problem we're facing right now with the tech is reducing latency, it started at 27 seconds to get a response and I've been able to get it down to 6 seconds, but people are still hanging up. We're trying several ways to mitigate this, including having pre-rendered speech playing something like "Okay" or "As an artificial representative, I'm still learning to be quicker on the pickup. We appreciate your patience." One of the industries we want to target is international web development and digital marketing companies, and we want to use the bot to cold-call businesses to pitch them our services. The goal is to replace $30 an hour cold-callers from the USA with $3 per hour total-cost automation. Apparently the CEO was given a $5 million valuation from the strength of the MVP from a VC. Our investment so far was at a $300k valuation tho. It's exciting. Trying to get Twilio working to be able to make calls programmatically instead of using our hacky workaround. Let me know if you have any questions, or feedback. Looking for digital marketing and web dev agencies to partner with to test the next stage of our business model. Thanks. I just wanted to share this awesome news!

#reddit#just#$2,500
WE JUST GOT $2,500 in angel investment for our AI Cold Calling Startup! Hooray! Looking for web dev + digital marketing agencies to partner with.
reddit
LLM Vibe Score0
Human Vibe Score1
GrowthGet•This week

WE JUST GOT $2,500 in angel investment for our AI Cold Calling Startup! Hooray! Looking for web dev + digital marketing agencies to partner with.

Hey y'all. The AI cold calling startup I've been working on for 3-4 months now just got a $2,500 angel investment, and we have 2 current customers, a credit card processing broker and a hospital equipment rental company based out of Texas. We have around $1,500 revenue so far, but we're having lots of trouble fulfilling the contracts because our tech just isn't "there" yet. I'm the Chief Tech Officer, and I'm also running some operations. The other main person in this is the CEO who has a strong sales background and came up with the idea. I've been working purely remotely, and it's great having some income because I'm stuck at home because I'm disabled, basically... We're using 11labs, openai, google speech to text, and a sh\*tty online dialer right now to run the first MVP which runs locally on our "botrunners" computers, and we're developing a web app with django python + javascript react. Our plan is, after we get the webapp working better, to hire more botrunners for $3 per hour from countries like Phillipines and India, and we're going to try to track all the actions the botrunners take to be able to train the AI to run it fully automated. The biggest problem we're facing right now with the tech is reducing latency, it started at 27 seconds to get a response and I've been able to get it down to 6 seconds, but people are still hanging up. We're trying several ways to mitigate this, including having pre-rendered speech playing something like "Okay" or "As an artificial representative, I'm still learning to be quicker on the pickup. We appreciate your patience." One of the industries we want to target is international web development and digital marketing companies, and we want to use the bot to cold-call businesses to pitch them our services. The goal is to replace $30 an hour cold-callers from the USA with $3 per hour total-cost automation. Apparently the CEO was given a $5 million valuation from the strength of the MVP from a VC. Our investment so far was at a $300k valuation tho. It's exciting. Trying to get Twilio working to be able to make calls programmatically instead of using our hacky workaround. Let me know if you have any questions, or feedback. Looking for digital marketing and web dev agencies to partner with to test the next stage of our business model. Thanks. I just wanted to share this awesome news!

#reddit#just#$2,500
Ideas or niche for AI business?
reddit
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Human Vibe Score1
NearestNeighbr•This week

Ideas or niche for AI business?

Hey everyone! I'm a mathematician specialized in AI and I'm currently looking to start an innovative business or project. I was wondering if anyone here has experience with processes, machines, sensors, or any other systems that generate some amount of data that, in your opinion, isn't being fully utilized or could benefit from AI. I’m particularly interested in niche and specific cases that might not be widely known by the general public. I'm asking you because I believe that the diverse professional experiences within this community may reveal hidden opportunities. To give you some context: I have experience working on AI projects across different fields like healthcare, robotics, finance, and more. My specialization lies in forecasting. Mi current role is basically to make (or assist in making) strategic decisions based on the results of forecasting different events, metrics, indicators, ... I have no prior businesses, but I’m currently enrolled in a startup and business incubator program to help develop and refine my ideas. My plan is to apply to top incubators and accelerators if I can develop a decent business concept. I’m looking for an online business or project that requires relatively little capital to start, as I’m a "recent" graduate. I’m based in Spain, near the Mediterranean, though I'm not looking to center my business idea specifically around this. Any specific suggestions or insights based on your professional experiences would be incredibly valuable. If you have experience with underutilized data-generating processes, machines, or sensors, or know of a niche application where AI could be transformative, I’d love to hear your thoughts! Thanks so much!

#reddit#ideas#niche
Critique my business ideas
reddit
LLM Vibe Score0
Human Vibe Score0.5
FocusOutrageous9685•This week

Critique my business ideas

So I have some business ideas that I would like to confront to you in order to have feedback. The point is to give me your completely honest opinion and try to find some potential problems. 1 - Digital marketing automation for green ecommerce stores Marketing has always been a problem for everyone in business more particularly for niche businesses. It's tough for them because people who will buy their product are generally harder to find. Also these products are way more expensive than other so it may be clever for them to focus more on marketing. Since the green and sustainable industry is growing at a very fast rate such as AI, I would like to hear your opinion on the idea of automating marketing for these type of businesses. 2 - AI Mental Health platform The mental health issues will gain more and more importance in the future. We now live in a world that isn't as safe as before and with the rise of social media we can predict that mental health issues will be more frequent especially for young people. PH, Instagram, Tiktok all of these are just bad for everyone and so an AI mental health plateform where people can chat with AI, discuss in anonymous forums and use integrated tools to reduce screen time and manage addiction I think would be a good idea. I haven't really thought about how to make money but as I write I was thinking about either a freemium model or integrate products from stores and kind of get affiliation, getting money when people buy the product. 3 - A car enthusiast website Everyday around 5000 millionaires are created so obviously the high end car industry is growing at a fairly fast rate. My idea would be to create a network where people would pay to ride in a supercar. There would be a map where people would look for cars in their area and chat with the owner basically. 4 - Marketing agency for real estate agents This is self explanatory. Common pain points include managing client communication, nurturing leads, following up on inquiries, and staying top-of-mind with potential buyers and sellers. Effective email automation can help with sending personalized follow-ups, reminders, newsletters, and market updates. It would be a subscription based business basically.

#reddit#critique#business
OpenAI-CLIP
github
LLM Vibe Score0.507
Human Vibe Score0.015912940499642817
moein-shariatnia•Mar 27, 2025

OpenAI-CLIP

Update (December 2023) I am happy to find out that this code has been used and cited in the following papers: Domino: Discovering Systematic Errors with Cross-Modal Embeddings by Eyuboglu et. al. at ICLR 2022 GSCLIP : A Framework for Explaining Distribution Shifts in Natural Language by Zhu et. al. at ICML 2022 UIC-NLP at SemEval-2022 Task 5: Exploring Contrastive Learning for Multimodal Detection of Misogynistic Memes by Cuervo et. al. at SemEval-2022 cdsBERT - Extending Protein Language Models with Codon Awareness by Hallee et. al. from University of Delaware (Sep 2023) ENIGMA-51: Towards a Fine-Grained Understanding of Human-Object Interactions in Industrial Scenarios by Ragusa et. al. (Nov 2023) You can find the citation info on the right section of this GitHub repo page named: Cite this repository or use the below citation info. Introduction It was in January of 2021 that OpenAI announced two new models: DALL-E and CLIP, both multi-modality models connecting texts and images in some way. In this article we are going to implement CLIP model from scratch in PyTorch. OpenAI has open-sourced some of the code relating to CLIP model but I found it intimidating and it was far from something short and simple. I also came across a good tutorial inspired by CLIP model on Keras code examples and I translated some parts of it into PyTorch to build this tutorial totally with our beloved PyTorch! What does CLIP do? Why is it fun? In Learning Transferable Visual Models From Natural Language Supervision paper, OpenAI introduces their new model which is called CLIP, for Contrastive Language-Image Pre-training. In a nutshell, this model learns the relationship between a whole sentence and the image it describes; in a sense that when the model is trained, given an input sentence it will be able to retrieve the most related images corresponding to that sentence. The important thing here is that it is trained on full sentences instead of single classes like car, dog, etc. The intuition is that when trained on whole sentences, the model can learn a lot more things and finds some pattern between images and texts. They also show that when this model is trained on a huge dataset of images and their corresponding texts, it can also act as a classifier too. I encourage you to study the paper to learn more about this exciting model and their astonishing results on benchmarking datasets . To mention just one, CLIP model trained with this strategy classifies ImageNet better than those SOTA models trained on the ImageNet itself optimized for the only task of classification! As a teaser (!), let's see what the final model that we will build in this article from scratch is capable of: given a query (raw text) like "a boy jumping with skateboard" or "a girl jumping from swing", the model will retrieve the most relevant images: !title_img Let's see some more outputs: Config A note on config and CFG: I wrote the codes with python scripts and then converted it into a Jupyter Notebook. So, in case of python scripts, config is a normal python file where I put all the hyperparameters and in the case of Jupyter Notebook, its a class defined in the beginning of the notebook to keep all the hyperparameters. Utils Dataset As you can see in the tittle image of this article, we need to encode both images and their describing texts. So, the dataset needs to return both images and texts. Of course we are not going to feed raw text to our text encoder! We will use DistilBERT model (which is smaller than BERT but performs nearly as well as BERT) from HuggingFace library as our text encoder; so, we need to tokenize the sentences (captions) with DistilBERT tokenizer and then feed the token ids (input_ids) and the attention masks to DistilBERT. Therefore, the dataset needs to take care of the tokenization as well. Below you can see the dataset's code. Below that I'll explain the most important things that is happening in the code. In the \\init\\ we receive a tokenizer object which is actually a HuggingFace tokinzer; this tokenizer will be loaded when running the model. We are padding and truncating the captions to a specified maxlength. In the \\getitem\\ we will first load an encoded caption which is a dictionary with keys inputids and attention_mask, make tensors out of its values and after that we will load the corresponding image, transform and augment it (if there is any!) and then we make it a tensor and put it in the dictionary with "image" as the key. Finally we put the raw text of the caption with the key "caption" in the dictionary only for visualization purposes. I did not use additional data augmentations but you can add them if you want to improve the model's performance. Image Encoder The image encoder code is straight forward. I'm using PyTorch Image Models library (timm) here which makes a lot of different image models available from ResNets to EfficientNets and many more. Here we will use a ResNet50 as our image encoder. You can easily use torchvision library to use ResNets if you don't want to install a new library. The code encodes each image to a fixed size vector with the size of the model's output channels (in case of ResNet50 the vector size will be 2048). This is the output after the nn.AdaptiveAvgPool2d() layer. Text Encoder As I mentioned before, I'll use DistilBERT as the text encoder. Like its bigger brother BERT, two special tokens will be added to the actual input tokens: CLS and SEP which mark the start and end of a sentence. To grab the whole representation of a sentence (as the related BERT and DistilBERT papers point out) we use the final representations of the CLS token and we hope that this representation captures the overall meaning of the sentence (caption). Thinking it in this way, it is similar to what we did to images and converted them into a fixed size vector. In the case of DistilBERT (and also BERT) the output hidden representation for each token is a vector with size 768. So, the whole caption will be encoded in the CLS token representation whose size is 768. Projection Head I used Keras code example implementation of projection head to write the following in PyTorch. Now that we have encoded both our images and texts into fixed size vectors (2048 for image and 768 for text) we need to bring (project) them into a new world (!) with similar dimensions for both images and texts in order to be able to compare them and push apart the non-relevant image and texts and pull together those that match. So, the following code will bring the 2048 and 768 dimensional vectors into a 256 (projection_dim) dimensional world, where we can compare them. "embeddingdim" is the size of the input vector (2048 for images and 768 for texts) and "projectiondim" is the the size of the output vector which will be 256 for our case. For understanding the details of this part you can refer to the CLIP paper. CLIP This part is where all the fun happens! I'll also talk about the loss function here. I translated some of the code from Keras code examples into PyTorch for writing this part. Take a look at the code and then read the explanation below this code block. Here we will use the previous modules that we built to implement the main model. The \\init\\ function is self-explanatory. In the forward function, we first encode the images and texts separately into fixed size vectors (with different dimensionalities). After that, using separate projection modules we project them to that shared world (space) that I talked about previously. Here the encodings will become of similar shape (256 in our case). After that we will compute the loss. Again I recommend reading CLIP paper to get it better but I'll try my best to explain this part. In Linear Algebra, one common way to measure if two vectors are of similar characteristics (they are like each other) is to calculate their dot product (multiplying the matching entries and take the sum of them); if the final number is big, they are alike and if it is small they are not (relatively speaking)! Okay! What I just said is the most important thing to have in mind to understand this loss function. Let's continue. We talked about two vectors, but, what do we have here? We have imageembeddings, a matrix with shape (batchsize, 256) and textembeddings with shape (batchsize, 256). Easy enough! it means we have two groups of vectors instead of two single vectors. How do we measure how similar two groups of vectors (two matrices) are to each other? Again, with dot product (@ operator in PyTorch does the dot product or matrix multiplication in this case). To be able to multiply these two matrices together, we transpose the second one. Okay, we get a matrix with shape (batchsize, batchsize) which we will call logits. (temperature is equal to 1.0 in our case, so, it does not make a difference. You can play with it and see what difference it makes. Also look at the paper to see why it is here!). I hope you are still with me! If not it's okay, just review the code and check their shapes. Now that we have our logits, we need targets. I need to say that there is a more straight forward way to obtain targets but I had to do this for our case (I'll talk about why in a next paragraph). Let's consider what we hope that this model learns: we want it to learn "similar representations (vectors)" for a given image and the caption describing it. Meaning that either we give it an image or the text describing it, we want it to produce same 256 sized vectors for both. Check the cell below this code block for the continue of the explanations So, in the best case scenario, textembeddings and imageembedding matricies should be the same because they are describing similar things. Let's think now: if this happens, what would the logits matrix be like? Let's see with a simple example! So logits, in the best case, will be a matrix that if we take its softmax, will have 1.0s in the diagonal (An identity matrix to call it with fancy words!). As the loss function's job is to make model's predictions similar to targets (at least in most cases!), we want such a matrix as our target. That's the reason why we are calculating imagessimilarity and textssimilarity matrices in the code block above. Now that we've got our targets matrix, we will use simple cross entropy to calculate the actual loss. I've written the full matrix form of cross entropy as a function which you can see in the bottom of the code block. Okay! We are done! Wasn't it simple?! Alright, you can ignore the next paragraph but if you are curious, there is an important note in that. Here's why I didn't use a simpler approach: I need to admit that there's a simpler way to calculate this loss in PyTorch; by doing this: nn.CrossEntropyLoss()(logits, torch.arange(batch_size)). Why I did not use it here? For 2 reasons. 1- The dataset we are using has multiple captions for a single image; so, there is the possibility that two identical images with their similar captions exist in a batch (it is rare but it can happen). Taking the loss with this easier method will ignore this possibility and the model learns to pull apart two representations (assume them different) that are actually the same. Obviously, we don't want this to happen so I calculated the whole target matrix in a way that takes care of these edge cases. 2- Doing it the way I did, gave me a better understanding of what is happening in this loss function; so, I thought it would give you a better intuition as well! Train Here are some funtions to help us load train and valid dataloaders, our model and then train and evaluate our model on those. There's not much going on here; just simple training loop and utility functions Here's a handy function to train our model. There's not much happening here; just loading the batches, feeding them to the model and stepping the optimizer and lr_scheduler. Running the next cell start training the model. Put the kernel on GPU mode. Every epoch should take about 24 minutes on GPU (even one epoch is enough!). It can take one minute before training actually starts because we are going to encode all the captions once in the train and valid dataset, so please don't stop it! Every thing is working fine. Inference Okay! We are done with training the model. Now, we need to do inference which in our case will be giving the model a piece of text and want it to retrieve the most relevant images from an unseen validation (or test) set. Getting Image Embeddings In this function, we are loading the model that we saved after training, feeding it images in validation set and returning the imageembeddings with shape (validset_size, 256) and the model itself. Finding Matches This function does the final task that we wished our model would be capable of: it gets the model, image_embeddings, and a text query. It will display the most relevant images from the validation set! Isn't it amazing? Let's see how it performs after all! This is how we use this function. Aaaannnndddd the results: Final words I hope you have enjoyed this article. Implementing this paper was a really interesting experience for me. I want to thank Khalid Salama for the great Keras code example he provided which inspired me to write something similar in PyTorch.

#github#openai-clip
machine-learning-blackjack-solution
github
LLM Vibe Score0.42
Human Vibe Score0.022610872675250356
GregSommerville•Mar 27, 2025

machine-learning-blackjack-solution

machine-learning-blackjack-solution Introduction A genetic algorithm is a type of artificial intelligence programming that uses ideas from evolution to solve complex problems. It works by creating a population of (initially random) candidate solutions, then repeatedly selecting pairs of candidates and combining their solutions using a process similar to genetic crossover. Sometimes candidate solutions even go through mutation, just to introduce new possibilities into the population. After a large number of generations, the best solution found up to that point is often the optimal, best solution possible. Genetic algorithms are particularly well-suited for combinatorial problems, where there are huge numbers of potential solutions to a problem. The evolutionary process they go through is, in essence, a search through a huge solution space. A solution space so large that you simply could never use a brute force approach. This project is a demonstration of using a genetic algorithm to find an optimal strategy for playing the casino game Blackjack. Please see this article for a story about how this program was used, and what the results were. The article describes some of the available settings, and shows how different values for those settings affect the final result. The source code is for a Windows application written in Cthat allows you to play with different settings like population size, selection style and mutation rate. Each generation's best solution is displayed, so you can watch the program literally evolve a solution. !blackjack strategy tester screenshot The property grid located at the upper left of the screen is where you adjust settings. There's an informational area below that, and the right side of the screen is the display area for the three tables that represent a strategy for playing Blackjack. The tall table on the left is for hard hands, the table in the upper right is for soft hands, and the table in the lower right is for pairs. We'll talk more about how to interpret this strategy in a bit. The columns along the tops of the three tables are for the dealer upcard. When you play Blackjack the dealer has one of his two cards initially turned face up, and the rank of that card has a big impact on recommended strategy. Notice that the upcard ranks don't include Jack, Queen or King. That's because those cards all count 10, so we group them and the Ten together and simplify the tables. To use the tables, first, determine if you have a pair, soft hand, or hard hand. Then look in the appropriate table, with the correct dealer upcard column. The cell in the table will be "H" when the correct strategy is to hit, "S" when the correct strategy is to stand, "D" for double-down, and (in the pairs table only) "P" for split. A Word About This "Optimal" Strategy Before we go any further, it needs to be stated that this problem of finding an optimal Blackjack strategy has already been solved. Back in the 1960s, a mathematician named Edward O. Thorp authored a book called Beat the Dealer, which included charts showing the optimal "Basic" strategy. That strategy looks like this: !optimal blackjack strategy So we're solving a problem that has already been solved, but that's actually good. That means we can compare our results to the known best solution. For example, if our result strategy tells us to do anything but stand when holding a pair of Tens, Jacks, Queens or Kings, we know there's a problem. There's one other thing to get out of the way before we go any further, and that's the idea of nondeterministic code. That means that if we run the same code twice in a row, we're likely to get two different results. That's something that happens with genetic algorithms due to their inherent randomness. There's no guarantee you'll find the absolute optimal solution, but it is assured that you will find an optimal or near-optimal solution. It's something that isn't typical when writing code, so it takes some adjustment for most programmers. Genetic Algorithms Now let's talk about the details of a genetic algorithm. Fitness Scores First of all, we need a way to evaluate candidates so we can compare them to each other. That means a numeric fitness score, which in this case is quite simple: you simulate playing a certain number of hands using the strategy, and then count the number of chips you have at the end. The big question is, how many hands should we test with? The challenge of trying to test a strategy is that due to the innate randomness of Blackjack, you could use the same strategy ten times and get ten completely different results. Obviously, the more hands you play, the more the randomness gets smoothed out, and the quality of the underlying strategy starts to emerge. If you doubt this, just think about flipping a coin. If you only flip it five times, there's certainly a possibility that it'll come up heads all five times (in fact, that happens just over 3% of the time). However, if you flip it 500 times, there's no way it's going to end up all heads - the odds of it happening are 0.5500, which works out to be roughly once every 3 x 10150 times you try it. After some testing and analysis, it was determined that a minimum of 100,000 hands per test is needed for a reasonable level of accuracy. There's still variance even at that number, but in order to cut the variance in half, you'd need to bump the number of hands to 500,000. One reason this accuracy is important is that in the later generations, the differences between candidates are very small. Evolution has caused the main parts of the strategy to converge on a particular approach, and towards the end all it's doing is refining the minor details. In those cases it's important to accurately determine the difference between two similar candidates. Representation Representation is simply the idea that we need to use a data structure for a candidate solution that can be combined via crossover, and possibly mutated. In this case, that's also quite simple because the way that human beings represent a Blackjack strategy is to use three tables, as we've seen. Representing those in code with three two-dimensional arrays is the obvious approach. Each cell in those three tables will have "Hit", "Stand", "Double-Down", or (only for pairs) "Split". By the way, since there are 160 cells in the hard hands table, and 80 cells in the soft hands table, and 100 cells in the pairs table, we can calculate exactly how many possible distinct strategies there are for Blackjack: 4100 x 380 x 3160 = 5 x 10174 possible Blackjack strategies That's a big number, which is obviously impossible to search using brute force. Genetic algorithms (GAs) are extremely helpful when trying to find an optimal solution from a very large set of possible solutions like this. Blackjack Rules and Strategies The rules of Blackjack are fairly simple. The dealer and the player both are dealt two cards. The player sees both of their cards (they are usually dealt face up), and one of the dealer's cards is dealt face up. Each card has a value - for cards between 2 and 10, the value is the same as the card's rank (so an Eight of Spades counts as 8, for example). All face cards count as 10, and an Ace can either be 1 or 11 (it counts as 11 only when that does not result in a hand that exceeds 21). The suit of a card does not matter. After the cards are dealt, if the player has Blackjack (a total of 21) and the dealer does not, the player is immediately paid 1.5 times their original bet, and a new hand is dealt. If the player has 21 and the dealer does also, then it's a tie and the player gets their original bet back, and a new hand is dealt. If the player wasn't dealt a Blackjack, then play continues with the player deciding whether to Stand (not get any more cards), Hit (receive an additional card), Double-down (place an additional bet, and receive one and only one more card), or, in the case of holding a pair, splitting the hand, which means placing an additional bet and receiving two new cards, so the end result is that the player is now playing two (or, in the case of multiple splits, more than two) hands simultaneously. If the player hits or double-downs and has a resulting hand that exceeds 21, then they lose and play continues with the next hand. If not, then the dealer draws until their hand totals at least 17. If the dealer exceeds 21 at this point, the player receives a payment equal to twice their original bet. If the dealer doesn't exceed 21, then the hands are compared and the player with the highest total that doesn't exceed 21 wins. Because of these rules, certain effective strategies emerge. One common strategy is that if you hold a hard hand with a value of 20, 19 or 18, you should Stand, since you avoid busting by going over 21, and you have a nice hand total that might win in a showdown with the dealer. Another common strategy is to split a pair of Aces, since Aces are so powerful (due to the fact that count as 11 or 1, you can often Hit a hand with a soft Ace with no risk of busting). Likewise, splitting a pair of 8s is a good idea because with a hard total of 16, it's likely you will bust if you take a Hit (since so many cards count as 10). As a human being, all it takes is a little knowledge about the rules in order to construct a strategy. The GA program doesn't have that advantage, and operates completely without any pre-programmed knowledge of Blackjack. It simply uses the relative fitness scores and the mechanism of evolution to find the solution. GA Settings There are many variables or settings for a GA. You can adjust population size, how parent candidates are selected, how the resulting children may be mutated, and several other items. The following sections describe some of these settings: Setting: Selection Style Once we've solved representation and have a fitness function, the next step is to select two candidates for crossover during the process of building a new generation. There are three common styles for selection, and this program supports all of them. First, you can choose Roulette Wheel selection. It's named for a Roulette wheel because you can imagine each candidate's fitness score being a wedge in a pie chart, with a size proportionate to its relative fitness compared to the other candidates. (Of course, this assumes that all fitness scores are positive, which we will talk about shortly). The main benefit of Roulette Wheel selection is that selection is fitness-proportionate. Imagine if you had only three candidates, with fitness scores of 1, 3, and 8. The relative selection probabilities for those candidates will be 1/12, 3/12, and 8/12. The downside of Roulette Wheel selection is that it tends to be somewhat slow in terms of processing. The selection process is done by iterating through the candidates until a particular condition is matched - in other words, O(N) performance. Another potential problem with Roulette Wheel selection is that there may be situations where fitness scores vary widely, to such an extent that only certain candidates have any reasonable chance of being selected. This happens frequently in early generations, since the majority of candidates are mostly random. Although this might sound like a positive (since you ultimately want to select candidates with high fitness scores), it also results in a loss of genetic diversity. In other words, even though a particular candidate may have a low fitness score in an early generation, it may contain elements that are needed to find the ultimate solution in later generations. Ranked Selection is the solution to this problem. Instead of using raw fitness scores during the selection process, the candidates are sorted by fitness, with the worst candidate receiving a score of 0, the second worse receiving 1, and so forth, all the way to the best candidate, which has a score equal to the population size - 1. Ranked Selection is quite slow, since it combines the O(N) performance of Roulette Wheel, with the additional requirement that the candidates be sorted before selection. However, there may be circumstances where it performs better than other selection approaches. Finally, the fastest selection method of all is called Tournament Selection. This method simply selects N random candidates from the current generation, and then uses the one with the best fitness score. A tournament size of 2 means two random candidates are selected, and the best of those two is used. If you have a large tournament size (like 10), then 10 different candidates will be selected, with the best of those being the ultimate selection. That obviously tilts the balance between randomness and quality. Tournament selection works well in most cases, but it does require some experimentation to find the best tourney size. Setting: Elitism Elitism is a technique that helps ensure that the best candidates are always maintained. Since all selection methods are random to some degree, it is possible to completely lose the best candidates from one generation to another. By using Elitism, we automatically advance a certain percentage of the best candidates to the next generation. Elitism does have a negative impact on performance since all of the candidates must be sorted by fitness score. Typically Elitism is done before filling the rest of a new generation with new candidates created by crossover. Crossover Details Once two candidate solutions have been selected, the next step in building a new generation is to combine those two into a single new candidate, hopefully using the best of both parent strategies. There are a number of ways to do crossover, but the method used in this program is quite straightforward - the two fitness scores are compared, and crossover happens in a relatively proportionate way. If one candidate has a fitness of 10, and the other has a fitness of 5, then the one with fitness 10 contributes twice as much to the child as the parent with a fitness of 5. Since the fitness scores in this program are based on how much the strategy would win over thousands of hands, almost all fitness scores will be negative. (This is obviously because the rules are set up so the house always wins.) This makes it difficult to calculate relative fitnesses (how do you compare a positive number with a negative, and find relative proportions?), and also causes problems with selection methods like Roulette Wheel or Ranked. To solve this, we find the lowest fitness score of the generation and add that value to each candidate. This results in an adjusted fitness score of 0 for the very worse candidate, so it never gets selected. Mutation As has been mentioned a few times, maintaining genetic diversity in our population of candidate solutions is a good thing. It helps the GA ultimately find the very best solution, by occasionally altering a candidate in a positive direction. There are two settings for mutation. MutationRate controls what percentage of new candidates have mutation done on them. MutationImpact controls what percentage of their strategy is randomized. Population Size Population size has a significant impact on performance. The smaller the population size, the faster the GA will execute. On the other hand, if the size is too low the population may not have enough genetic diversity to find the ultimate solution. During testing, it looks like 700 to 1000 is a good balance between speed and correctness. Performance Notes This program consumes a lot of processing power. Running tests of hundreds of thousands of hands of Blackjack for hundreds or thousands of candidates consumes a lot of time. It's really imperative to write the code so that it works as efficiently as possible. If your CPU isn't consistently at or above 95% usage, there's still room for improvement. Multi-threading is a natural fit for genetic algorithms because we often want to perform the same action on each candidate. The best example of this is when we calculate fitness scores. This is often an operation that takes quite a bit of time. In our case, we're dealing out 100,000 hands, and each hand has to be played until the end. If we're single-threading that code, it's going to take a long time. Multi-threading is really the way to go. Luckily, there's a ridiculously simple way to efficiently use all of your processors for an operation like this. This code loops over all of the candidates in the currentGeneration list, calls the fitness function and sets the fitness property for each: Regardless of the number of items in the list or the number of processors on your machine, the code will efficiently run the code in a multi-threaded manner, and continue only when all of the threads are complete. One of the side effects of making this code multi-threaded is that all of the code relating to evaluating a candidate must be thread-safe, including any Singleton objects. When making code thread-safe, pay attention that you don't accidentally introduce code that will slow your program down unintentionally, because sometimes it can be quite subtle. Random numbers are central to how genetic algorithms work, so it's critical that they can be used correctly from a multithreaded environment. That means that each random number generator must be separate from the others, and it also means that each must produce a distinct series of random numbers. Random number generators use seed values which are usually time-based, like the number of milliseconds the computer has been turned on. Starting with that seed, subsequent calls will return a series of numbers that look random, but really aren't. If you start with the same seed, you get the same sequence. And that's a problem because if you create multiple random number generator objects in a loop using the default time-based seed, several of them will have the same time-based initial seed value, which will result in the same sequence of "random" numbers. That's a bug, because it can reduce the true randomness of the program a great deal, and that's vital to a genetic algorithm. There are a couple of ways to solve this problem. First, you can make the random object truly a singleton, and restrict access to it by using a Clock statement. The makes all access serialized for any random number need, which reduces performance. Another approach is to make the variable static per thread. By declaring the variable as static and also marking it with the [ThreadStatic] attribute, the .NET runtime allocates one static variable per thread. That eliminates the locking/serialization, but also has performance issues. The approach used in this application is to use a non-default seed value. In this case we call Guid.NewGuid().GetHashCode(), which generates a new, unique GUID, then gets an integer hashcode value that should be unique, depending on how GetHashCode is implemented. While multithreading really helps performance, there are also other things we can do to improve performance. For example, when dealing with large populations, the hundreds or thousands of objects that will be generated each generation can quickly turn into a huge problem related to garbage collection. In the end, the easiest way to solve that is to look through the code and find objects being allocate inside a loop. It's better to declare the variable outside of the loop, and then clear it in the loop, rather than reallocate it. In a program like this one where you could be looping hundreds of thousands of times, this can result in a very significant performance boost. For example, in an early version of this code, a Deck object was created for each hand. Since there are hundreds of candidate solutions running hundreds of thousands of trial hands, this was a huge inefficiency. The code was changed to allocate one deck per test sequence. The deck was shuffled as needed, so it never needs to be reallocated. Beyond the cards in the deck, another object type that was repeatedly created and destroyed were the candidate strategies. To mitigate this problem, a StrategyPool class was created that handles allocation and deallocation. This means that strategy objects are reused, rather than dynamically created when needed. The pool class has to be thread-safe, so it does serialize access to its methods via a Clock statement, but overall using the pool approach produced a good performance increase. Finally, a subtle form of object allocation is conversion. In an early version of the code, a utility card function used Convert.ToInt32(rankEnum). Obviously, the easiest way to convert from an enum to an int is simply to cast it, like (int)rankEnum. But it's hard to know exactly what the difference is between that approach, int.Parse(), int.TryParse(), or Convert.ToInt32(), since they can all be used and are roughly equivalent. Perhaps the compiler was boxing the enum value before passing it to Convert.ToInt32(), because the profiler identified this as a function that had large amounts of thread contention waiting - and the problem got much, much worse as the generations passed. By rewriting the conversion to use a simple cast, the program performance increased threefold (3x). Contributing Please read CONTRIBUTING.md for details on our code of conduct, and the process for submitting pull requests to us. Author Greg Sommerville - Initial work* License This project is licensed under the Apache 2.0 License - see the LICENSE.md file for details

#github#machine-learning-blackjack-solution
He makes $750 a day 'Vibe Coding' Apps (using Replit, ChatGPT, Upwork)
youtube
LLM Vibe Score0.379
Human Vibe Score0.77
Greg Isenberg•Mar 21, 2025

He makes $750 a day 'Vibe Coding' Apps (using Replit, ChatGPT, Upwork)

Billy Howell shares his strategy for making money by building and selling custom web applications using AI tools like Replit. He demonstrates the process by finding projects on Upwork, creating a product requirements document with ChatGPT, and using Replit to automatically generate a functional web application. Billy explains that this approach is less risky than building SaaS products because it validates demand before significant development work. Timestamps: 00:00 - Intro 02:19 - Searching for App Ideas on Upwork 11:04 - Using ChatGPT for PRD Creation 12:22 - Why choose Replit for Development 15:15 - Building Prototype with Replit 19:53 - Areas of Concern when building with AI coders 23:30 - Earning Potential on Upwork 27:55 - The process for selling these Apps 32:03 - Comparing Different Business Models 35:40 - Huge opportunity: Unbundling SaaS 37:44 - Testing App 39:39 - How to standout on Upwork 40:35 - Integrating v0 UI to Replit Key Points • Billy Howell explains his method of "vibe coding" - using AI tools like Replit to quickly build and sell custom web applications • The process involves finding clients on Upwork who need solutions, creating a prototype, and selling it before building the complete app • Billy demonstrates how to use Repl.it with AI assistance to rapidly build a case management system for a nonprofit • The approach focuses on creating simple CRUD (Create, Read, Update, Delete) applications rather than complex systems 1) The "Sell First, Build Later" Framework Billy's #1 rule: Find someone to BUY your app BEFORE you build it. Most developers get this backward - they build something cool then struggle to find users. The secret? Don't market. SELL. How? Look for people ALREADY trying to pay for solutions 2) Upwork Gold Mining Strategy Billy's exact process: • Search Upwork for jobs mentioning expensive SaaS tools (Airtable, HubSpot, etc) • Look for simple CRUD apps (data entry, visualization) • Build a quick prototype in Repl.it • Send a Loom video demo to potential clients His first sale? $750 replacing an Airtable solution! 3) The Vibe Coding Tech Stack Billy's weapons of choice: • Replit for rapid prototyping (zero setup friction!) • ChatGPT to format requirements into PRDs • V0 for beautiful UI mockups • ShadCN components for clean interfaces The magic combo: Feed requirements to Replit + "build me this app" = working prototype in MINUTES. 4) What to Avoid When Vibe Coding Not all projects are created equal! Watch out for: • Payment processing (risky) • DocuSign integrations (complex) • Calendar functionality (AI struggles with time zones) • Anything changing data in other apps Start with simple CRUD apps that store and display information. 5) The Real Money-Making Model Billy's approach isn't just about one-off projects: • Initial build: $750-2,500 • Charge for hosting • Recurring revenue from feature requests • Get referrals to similar businesses One recent client is now reselling his solution to other companies in the same industry! 6) Why This Beats Building a SaaS Building a traditional SaaS = "nightmare money pit" according to Billy. With vibe coding consulting: • De-risk by getting paid upfront • Learn across multiple projects • No marketing costs • Discover validated problems • Build a portfolio of solutions Six figures on Upwork is VERY doable. 7) The 60-Second Sales Pitch Billy's exact closing technique: • Find job posting • Make mockup in V0 or Replit • Record 1-minute Loom: "I'm Billy, I make apps. I know you wanted Airtable, but I made this custom for you." • Personalize with company name • Send and repeat Simple. Effective. PROFITABLE. The future of coding isn't about knowing every framework—it's about SOLVING PROBLEMS quickly. Anyone can do this with the right tools and approach. Notable Quotes: "The number one thing is how to sell an app that you've built... And the secret is not to market. It's just to sell it." - Billy Howell "We start, we need to find someone to buy the app before we build it. That's where most people get this wrong, is they build something and then try to sell it or try to get users." - Billy Howell LCA helps Fortune 500s and fast-growing startups build their future - from Warner Music to Fortnite to Dropbox. We turn 'what if' into reality with AI, apps, and next-gen products https://latecheckout.agency/ BoringAds — ads agency that will build you profitable ad campaigns http://boringads.com/ BoringMarketing — SEO agency and tools to get your organic customers http://boringmarketing.com/ Startup Empire — a membership for builders who want to build cash-flowing businesses https://www.startupempire.co FIND ME ON SOCIAL X/Twitter: https://twitter.com/gregisenberg Instagram: https://instagram.com/gregisenberg/ LinkedIn: https://www.linkedin.com/in/gisenberg/ FIND BILLY ON SOCIAL X/Twitter: https://x.com/billyjhowell Youtube: https://www.youtube.com/@billyjhowell

#1
I built an AI Agent in 43 min to automate my workflows (Zero Coding)
youtube
LLM Vibe Score0.459
Human Vibe Score0.88
Greg Isenberg•Jan 31, 2025

I built an AI Agent in 43 min to automate my workflows (Zero Coding)

In this episode, Max Brodeur-Urbas, Gumloop's CEO, where we dive deep into how to build AI agents and how to automate any workflow. We cover various use cases, from automated sales outreach to content generation. Max shows us how Gumloop makes complex automations accessible to everyone by having user-friendly UI/UX, intuitive workflow buildouts, and easy custom integration creation. Timestamps: 00:00 - Intro 02:29 - Gumloop Workflow Overview 05:00 - Example: Lead Automation Workflow 10:23 - Templates for Workflows 12:21 - Example: YouTube to Blog Post Automation Workflow 21:03 - Gumloop Interfaces Demonstration 21:40 - Example: Media Ad Library Analyzer Automation Workflow 24:38 - Using Gumloop for SaaS Products 26:25 - Example: Analyze Daily Calendar Automation Workflow 27:47 - Output of Media Ad Library Analyzer Automation Workflow 28:43 - Cost of Running Gumloop 30:34 - Custom Node Builder Demonstration 34:18 - Gumloop Chrome Extension 37:06 - Final thoughts on business automation Gumloop Templates: https://www.gumloop.com/templates Key Points: • Demonstration of Gumloop's automation platform for building AI-powered workflows • Showcase of features including custom nodes, Chrome extension, and interface builder • Real-world examples of automated processes for sales, recruitment, and content generation • Discussion of practical business applications and cost-effectiveness of automation: Key Features Demonstrated: • Visual workflow builder • AI-powered content generation • Custom integration creation • Chrome extension functionality • Interface builder for non-technical users • Webhook integration capabilities 1) Gumloop is a visual workflow builder that lets you create powerful AI automations by connecting "nodes" - think Zapier meets ChatGPT, but WAY more powerful. Key features that stood out: 2) SUBFLOWS: Create reusable workflow components Build once, use everywhere Share with team members Perfect for complex operations Makes scaling easier 3) The YouTube Blog Post Generator is INSANE: Takes any YT video link Extracts transcript Generates TLDR summary Creates full blog post Adds video embed Posts to CMS Cost? About $1.62 per post 4) Competitor Ad Analysis automation: Scrapes competitor FB/IG ads Uses Gemini to analyze videos/images Generates strategy insights Sends beautiful email reports Runs on schedule Save 40+ hours/month 5) Custom Node Builder = game changer Create your own integrations No coding required AI helps write the code Share with your team Endless possibilities 6) Chrome Extension feature: Turn any workflow into a 1-click tool Works on any webpage Perfect for LinkedIn outreach Data enrichment Email automation 7) Why this matters: Most companies (even $1B+ ones) are still doing things manually that could be automated. The competitive advantage isn't just having AI - it's automating your workflows at scale. 8) Pricing & Getting Started: Free to try No CC required 1000 free credits with tutorial Build custom workflows Join their community Notable Quotes: "If you can list it as a list of steps, like for an intern, you would hand off a little sticky note being like, you do these 15 things in a row and that's the entire workflow, then you can 100% automate it." - Max "Being in business is a game of unfair advantages... And that means it's always about how do you save time as founders and executive teams." - Greg LCA helps Fortune 500s and fast-growing startups build their future - from Warner Music to Fortnite to Dropbox. We turn 'what if' into reality with AI, apps, and next-gen products https://latecheckout.agency/ BoringAds — ads agency that will build you profitable ad campaigns http://boringads.com/ BoringMarketing — SEO agency and tools to get your organic customers http://boringmarketing.com/ Startup Empire - a membership for builders who want to build cash-flowing businesses https://www.startupempire.co FIND ME ON SOCIAL X/Twitter: https://twitter.com/gregisenberg Instagram: https://instagram.com/gregisenberg/ LinkedIn: https://www.linkedin.com/in/gisenberg/ FIND MAX ON SOCIAL Gumloop: https://www.gumloop.com X/Twitter: https://x.com/maxbrodeururbas?lang=en LinkedIn: https://www.linkedin.com/in/max-brodeur-urbas-1a4b25172/

These Are Better Than Figma AI! — Motiff, Visily, Uizard #shorts #figma #ai
youtube
LLM Vibe Score0.269
Human Vibe Score0.26
Punit Chawla•Sep 7, 2024

These Are Better Than Figma AI! — Motiff, Visily, Uizard #shorts #figma #ai

Figma Al is amazing But, it isn't available to everyone and it will soon be a paid feature. Here are three great alternatives to Figma Al and Figma Design Tool. Motiff - A powerful Ai design tool to do Ul designs, add content, and build design systems Visily - Brand new UI design tool that can convert screenshots into editable designs in seconds. It also has a unique set of design tools in built. Uizard - The company that pioneered Al in design, with its amazing wireframing and UI design capabilities. #figma #shorts #ai

#figma#shorts#ai