Launching

The #1 Mistake Entrepreneurs Make – And How to Avoid It Before Launching Your Startup (I will not promote)

Why So Many Startups Fail Before They Even Begin A huge number of early-stage entrepreneurs fall into the same trap: They get excited about their idea but don’t validate if the market actually wants it. They invest time and money building something nobody will pay for. They focus on execution first instead of proof of demand. By the time reality hits, they’ve burned months (or years) and thousands of dollars—just to learn the hard way that they started wrong. How do we prevent this? What’s the best way to validate a business idea before wasting resources? According to your unique experiences, what’s the Smartest Way to Validate a Startup Idea? I’ve been working on new approaches to validation that combine: ✔ AI-powered feasibility analysis to assess business potential instantly. ✔ Market research frameworks that help test demand before launching. ✔ Lean execution models that prevent unnecessary risk. But I want to hear from you: How did YOU validate your startup idea before launching? What methods have actually worked to confirm demand? What’s one mistake you made in your early-stage startup that others can avoid? The best insights come from real founders who’ve been in the trenches. Let’s break down what actually works. Drop your thoughts below! 👇 (I will not promote).

Finally launching my side project: a tool to automate your tasks with AI

Hey community 👋 I've been working on this side gig for a while now and finally launching it! Would appreciate if many of you that helped me throughout this would check it out and upvote at: https://www.producthunt.com/posts/coflow 🙏

How qre you all launching all this project so quick

Been in this sub for 2 month and i just cant figure it out how are you all finding problems to solve and how are you all launching all this project so fast. I literally saw few post who launch projecgs each month.Are you most of it fone solo or with a team .What trch stack are you all hsing and how are you all implementing AI api so fast while it just taking me months to just learn javascript basics. Is there some thing i am missing or afe all this boiler plate site wuth api implementation

Launching new type of service agency in this AI world

I don't know whether it is a good idea or not but launching a service agency which can provide AI related services to small businesses and startups who want to build or implement AI in their existing product. Service like: Ai software for your business Automates workflow for your business Fine-tune LLM model based on customer data Personalized chatbot and other products using your own data I'm still working on building a landing page for my agency but I just want to know if it's a good idea or if anybody would be interested in this, please give feedback about this idea.😊

Launching new type of service agency in this AI world

I don't know whether it is a good idea or not but launching a service agency which can provide AI related services to small businesses and startups who want to build or implement AI in their existing product. Service like: Ai software for your business Automates workflow for your business Fine-tune LLM model based on customer data Personalized chatbot and other products using your own data I'm still working on building a landing page for my agency but I just want to know if it's a good idea or if anybody would be interested in this, please give feedback about this idea.😊

Seeking Feedback & Support: Launching a Nut Mix Startup to Improve Gut Health

This txt is AI summarized but I read it, he just restructured my thoughts accurately. Hey all, I’m Ilia, a Seattle-based entrepreneur working on a product that’s all about making healthy eating easier. I’m creating a premium nut mix with 16+ different nuts (70% organic) aimed at helping people improve their microbiome and overall health. The concept is simple: diverse ingredients lead to better gut health, reduced inflammation, and more energy. No more juggling 20 bags of different foods—my nut mix is a convenient, delicious solution. I’m in the early stages and raising about $7,000 to cover things like regulatory compliance, a commercial kitchen rental, quality ingredients, packaging, and a basic brand presence. I’ve poured my own savings into this and am now turning to the community for support, advice, and maybe even early funding. I made a short (12-min) video walking through the concept, the budget breakdown, and my long-term vision (expanding to seeds, fruit mixes, and maybe even a billion-dollar brand one day!). I’d love your honest feedback, connections, or suggestions. If you’re interested in supporting, even by sharing this post, I really appreciate it. Feel free to ask me anything—transparency is key for me, and I want to build something that genuinely helps people live healthier. https://www.gofundme.com/f/support-my-goal-to-make-healthy-eating-easy-and-convenient

Advice on Launching an AI Task Assistant for Forgetful People

Hi everyone, I’m working on an idea for an AI assistant that helps people stay on top of their tasks—like remembering to cancel a gym membership or following up on an important email. What makes this different is that it doesn’t require downloading yet another app. Instead, it integrates with tools people already use, like: WhatsApp Slack SMS Email For critical tasks, it could even escalate reminders to a phone call to make sure nothing gets missed. The main features I’m building include: Daily Check-ins: Quick updates to keep tasks and schedules on track. Persistent Follow-ups: Friendly nudges until tasks are completed or rescheduled. Proactive Scheduling: Automatically resolving conflicts in a calendar. Escalating Reminders: Escalating priority tasks via calls if needed. I’d love to ask for your advice: As a small business owner, would features like these help you or your team stay organized? What’s missing in existing task management tools for busy entrepreneurs? Do you think the “no app needed” angle is compelling enough to stand out in a crowded market? I’m still testing and refining this concept, and I’d love to hear your insights to help make it better. Thanks in advance for sharing your thoughts and feedback!

Launching Wisdor: AI Adoption Consultancy for Businesses

Website: https://www.wisdor.dev LinkedIn: https://www.linkedin.com/company/wisdor/ Hi! I am here to use this forum to announce and promote the launch of Wisdor: A consultancy service for business owners looking to adopt AI in their workflows. Since the launch of LLMs like ChatGPT, the use of AI has become mainstream however, small to medium businesses are seem to be facing some challenges with the adoption of AI even when they are willing to do so. Wisdor aims to target the following main pain-points of your AI adoption journey: Helping you decide if you even need to invite the buzzwords in your house or not There are so many AI tools out in the market and it can be daunting to decide what exactly is it which you need AI tools aren’t magic boxes that can do everything off the shelf. They require customization and tailoring for specific use cases Even when you have scouted the tools that \\ may \\* help you, they are of no use if you cannot include them in your existing workflows Or you may have a use case that requires the development of an AI based tool from scratch and your team does not have the necessary expertise to do so Wisdor will help you on your journey supporting you from the initial discussions to development and then the adoption of modern automation tools to help ease out your workload and drive efficiency. So, if you are someone who can benefit from Wisdor’s services, ping away! If not, give a follow to the LinkedIn page. Cheers and happy building!!!

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

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

Launching a lightweight automated expense categorization

I am currently building a receipt scanner or expenses scanner to categorize expenses using AI technology. Imaging having your receipts in one place and categorization is automated, ready to be sent out to your accountant for tax purposes? This can be used by small businesses, personal or even students. I'm curious: What's the biggest pain point you face when managing your expenses? Would you find a tool that simplifies tax preparation and categorizes items for your accountant helpful?  What are the most frustrating aspects of managing receipts?  What features would you like to have in a expense categorization tool?

Introducing launching.today: Product Hunt, minus the ugly parts.

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

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

160 of Y Combinators 229 Startup Cohort are AI Startups with and 75% of the Cohort has 0 revenue

Y Combinator (YC), one of the most prestigious startup accelerators in the world, has just unveiled its latest batch of innovative startups, providing key insights into what the future might hold. Y Combinators Summer 2023 Batch In a recent post by Garry Tan, YC's president, Tan offers a nostalgic look back at his first YC Demo Day in 2008, where he, as a budding entrepreneur, pitched his startup. Now, fifteen years later, he's at the helm, proudly launching the 37th Demo Day, this time for the Summer 2023 batch. Tan proudly declares this batch as one of YC's most impressive yet, emphasizing the deep technical talent of the participants. From a staggering pool of over 24,000 applications, only 229 startups were chosen, making this one of the most competitive batches to date. This batch marks a number of firsts and solidifies several rising trends within the startups landscape. 75% of these companies began their YC journey with zero revenue, and 81% hadn't raised any funding before joining the accelerator. YC's decision to focus on early-stage startups this round signals their commitment to nurturing raw, untapped potential. A Return to Face-to-Face Interaction After three years, YC has brought back the in-person Demo Day format, allowing startups, investors, and mentors to connect directly. While the virtual format has its merits, there's an unmistakable magic in the YC Demo Day room, filled with anticipation, hope, and innovation. AI Takes Center Stage Artificial Intelligence is the standout sector in the Summer 2023 batch. With recent advancements making waves across various industries, there's arguably no better time to launch an AI-focused startup, and no better platform than YC to foster its growth. This signals a clear trend in the startup investing and venture capital space: AI is just getting started. Of the entire Summer 2023 batch, 160 out of the entire 229 Summer 2023 batch that are utilizing or implementing artificial intelligence in some capacity. This means over 2 out of every 3 startups accepted is focused on artificial intelligence in some capacity. Some of the startups include: Quill AI: Automating the job of a financial analyst Fiber AI: Automating prospecting and outbound marketing Reworkd AI: Open Source Zapier of AI Agents Watto AI: AI-powered McKinsey-quality reports in seconds Agentive: AI-powered auditing platform Humanlike: Replace your call center with voice bots that sound human Greenlite: AI compliance team for fintech and banking atla: AI assistants to help in-house lawyers answer legal questions Studdy: An AI Match tutor Glade: League of Legends with AI-generated maps and gameplay and literally over 100 others. As you can see, there's a startup covering nearly every sector of AI in the new batch. YC By The Numbers YC continues to grow as a community. The accelerator now boasts over 10,000 founders spanning more than 4,500 startups. The success stories are impressive: over 350 startups valued at over $150 million and 90 valued at more than $1 billion. The unicorn creation rate of 5% is truly unparalleled in the industry. To cater to the ever-growing community, YC has added more full-time Group Partners than ever. This includes industry veterans such as Tom Blomfield, co-founder of billion-dollar startups GoCardless and Monzo, and YC alumni like Wayne Crosby (Zenter) and Emmett Shear (Twitch). YC Core Values YC's commitment to diversity is evident in the demographics of the S23 batch. They've also spotlighted the industries these startups operate in, with 70% in B2B SaaS/Enterprise, followed by fintech, healthcare, consumer, and proptech/industrials. Garry Tan emphasizes three core tenets for YC investors: to act ethically, to make decisions swiftly, and to commit long-term. He underlines the importance of the YC community, urging investors to provide valuable introductions and guidance to founders. The Road Ahead With YC's track record and the promise shown by the Summer 2023 batch, the future of the startup ecosystem looks promising. As always, YC remains at the forefront, championing innovation and shaping the next generation of global startups. Original Post: https://www.democratizing.finance/post/take-a-peek-into-the-future-with-y-combinators-finalized-summer-2023-batch

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.

I studied how 7 Founders found their first 100 customers for their businesses. Summarizing it here!

I am learning marketing, and so I combed through the internet to find specific advice that helped founders reach 100 users and not random Google answers. Here’s what I found: Llama Life by Marie Marie founder of Llama Life, a productivity app ($51.4K+ revenue) got her first 100 users using Snowballing effect. She shared great advice that I want to add here verbatim, “Need to think about what you have that you can leverage based on your current situation. eg..When you have no customers, think about where you can post to get the 1st customer eg Product Hunt. If you do well on PH, say you get #3 product of the day, then you post somewhere else saying ‘I got #3 product of the day’.. to get your next few customers. Maybe that post is on reddit with some learnings that you found. If the reddit post does well, then you might post it on Twitter, saying reddit did well and what learnings you got from that etc. or even if it doesn’t do well you can still post about it.” Another tip she shared is to build related products that get more viral than the product itself. These are small stand-alone sites that would appeal to the same target audience, but by nature, are more shareable. On these sites, you can mention your startup like: ‘brought to you by Llama Life’ and then provide a link to the main website if someone is interested. If one of those gets viral or ranks on Google, you’ll have a passive traffic source. Scraping bee by Pierre Pierre, founder of Scraping Bee, a web scraping tool has now reached $1.5M ARR. Pierre and his cofounder Kevin started with 10 Free Beta Users in 2019, and after 6 months asked them to take a paid subscription if they wanted to continue using the product. That’s how they got their first user within 50 minutes of that email. Then they listed it on dozens of startup directories but their core strategy was writing the best possible content for their target audience — Developers. 3 very successful pieces of content that worked were : A small tutorial on how to scrape single-page application An extensive general guide about web scraping without getting blocked A complete introduction to web scraping with Python They didn’t do content marketing for the sake of content marketing but deep-dived into the value they were providing their customer. One of these got 70K visits, and all this together got them to over 100 users. WePay by Bill Clerico Bill Clerico left his cushy corporate job to build WePay which was then acquired for $400M got his first users by using his app. He got his first users by using his app! The app was for group payments. So he hosted a Poker tournament at his house and collected payments only with his app. Then they hosted a barbecue for fraternity treasurers at San Jose State & helped them do their annual dues collection. Good old word-of-mouth marketing, that however, started with an event where they used what they made! RealWorld by Genevieve Genevieve — Founder and CEO of Realworld stands by the old-school advice of value giving. RealWorld is an app that helps GenZ navigate adulthood. So, before launching their direct-to-consumer platform, they had an educational course that they sold to college career centers and students. They already had a pipeline of adults who turned to Realworld for their adulting challenges. From there, she gained her first 100 followers. Saner dot ai by Austin Austin got 100 users from Reddit for his startup Saner.ai. Reddit hates advertising, and so his tips to market your startup on Reddit is to Write value-driven posts on your niche. Instead of writing posts, find posts where people are looking for solutions DM people facing problems that your SaaS solves. But instead of selling, ask about their problem to see if your product is a good fit Heartfelt posts about why you built it, aren’t gonna cut it To find posts and people, search Reddit with relevant keywords and join all the subreddits A Stock Portfolio Newsletter A financial investor got his first 100 paid newsletter subscribers for his stock portfolio newsletter. His tips : Don’t reinvent the wheel. Work what’s already working. He saw a company making $500M+ from stock picking newsletter, so decided to try that. Find the gaps in “already working” and leverage them. That newsletter did not have portfolios of advisors writing them. That was his USP. He added his own portfolio to his newsletter. Now to 100 users, he partnered with a guy running an investing website and getting good traffic. That guy got a cut of his revenue, in exchange. That one simple step got him to 100 users. Hypefury by Yannick and Samy Yannick and Samy from Hypefury, Twitter and Social Media Automation tool got their first beta testers and users from a paid community. They launched Hypefury there and asked if someone wanted to try it. A couple of people tried it and gave feedback. Samy conducted user interviews and product demos for them, And shared the reviews on Twitter. That alone, along with word-of-mouth marketing on Twitter got them their first 100 users. To conclude: Don’t reinvent the wheel, try what’s working. Find the gaps in what’s working, and leverage that. Instead of thinking about millions of customers, think about the first 10. Then first 100. Leverage what you have. Get the first 10 customers, then talk about this to get the next 100. Use your app. Find ways, events, and opportunities to use your app in front of people. And get them to use it. Write content not only for SEO but also to help people. It won’t work tomorrow, but it will work for years after it picks up. Leverage other sources of traffic by partnering up! Do things that don’t scale. I’m also doing SaaS marketing deep dives over 30 pieces of content. I'm posting here for the first time, so I'm not sure if it will stay or not, sorry if it doesn't. I've helped a SaaS grow from $19K to $100K MRR as a marketer in last 2 years, and now I wanna dive deep. Cheers! (1/30)

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

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

I studied how 7 Founders found their first 100 customers for their businesses. Summarizing it here!

I am learning marketing, and so I combed through the internet to find specific advice that helped founders reach 100 users and not random Google answers. Here’s what I found: Llama Life by Marie Marie founder of Llama Life, a productivity app ($51.4K+ revenue) got her first 100 users using Snowballing effect. She shared great advice that I want to add here verbatim, “Need to think about what you have that you can leverage based on your current situation. eg..When you have no customers, think about where you can post to get the 1st customer eg Product Hunt. If you do well on PH, say you get #3 product of the day, then you post somewhere else saying ‘I got #3 product of the day’.. to get your next few customers. Maybe that post is on reddit with some learnings that you found. If the reddit post does well, then you might post it on Twitter, saying reddit did well and what learnings you got from that etc. or even if it doesn’t do well you can still post about it.” Another tip she shared is to build related products that get more viral than the product itself. These are small stand-alone sites that would appeal to the same target audience, but by nature, are more shareable. On these sites, you can mention your startup like: ‘brought to you by Llama Life’ and then provide a link to the main website if someone is interested. If one of those gets viral or ranks on Google, you’ll have a passive traffic source. Scraping bee by Pierre Pierre, founder of Scraping Bee, a web scraping tool has now reached $1.5M ARR. Pierre and his cofounder Kevin started with 10 Free Beta Users in 2019, and after 6 months asked them to take a paid subscription if they wanted to continue using the product. That’s how they got their first user within 50 minutes of that email. Then they listed it on dozens of startup directories but their core strategy was writing the best possible content for their target audience — Developers. 3 very successful pieces of content that worked were : A small tutorial on how to scrape single-page application An extensive general guide about web scraping without getting blocked A complete introduction to web scraping with Python They didn’t do content marketing for the sake of content marketing but deep-dived into the value they were providing their customer. One of these got 70K visits, and all this together got them to over 100 users. WePay by Bill Clerico Bill Clerico left his cushy corporate job to build WePay which was then acquired for $400M got his first users by using his app. He got his first users by using his app! The app was for group payments. So he hosted a Poker tournament at his house and collected payments only with his app. Then they hosted a barbecue for fraternity treasurers at San Jose State & helped them do their annual dues collection. Good old word-of-mouth marketing, that however, started with an event where they used what they made! RealWorld by Genevieve Genevieve — Founder and CEO of Realworld stands by the old-school advice of value giving. RealWorld is an app that helps GenZ navigate adulthood. So, before launching their direct-to-consumer platform, they had an educational course that they sold to college career centers and students. They already had a pipeline of adults who turned to Realworld for their adulting challenges. From there, she gained her first 100 followers. Saner dot ai by Austin Austin got 100 users from Reddit for his startup Saner.ai. Reddit hates advertising, and so his tips to market your startup on Reddit is to Write value-driven posts on your niche. Instead of writing posts, find posts where people are looking for solutions DM people facing problems that your SaaS solves. But instead of selling, ask about their problem to see if your product is a good fit Heartfelt posts about why you built it, aren’t gonna cut it To find posts and people, search Reddit with relevant keywords and join all the subreddits A Stock Portfolio Newsletter A financial investor got his first 100 paid newsletter subscribers for his stock portfolio newsletter. His tips : Don’t reinvent the wheel. Work what’s already working. He saw a company making $500M+ from stock picking newsletter, so decided to try that. Find the gaps in “already working” and leverage them. That newsletter did not have portfolios of advisors writing them. That was his USP. He added his own portfolio to his newsletter. Now to 100 users, he partnered with a guy running an investing website and getting good traffic. That guy got a cut of his revenue, in exchange. That one simple step got him to 100 users. Hypefury by Yannick and Samy Yannick and Samy from Hypefury, Twitter and Social Media Automation tool got their first beta testers and users from a paid community. They launched Hypefury there and asked if someone wanted to try it. A couple of people tried it and gave feedback. Samy conducted user interviews and product demos for them, And shared the reviews on Twitter. That alone, along with word-of-mouth marketing on Twitter got them their first 100 users. To conclude: Don’t reinvent the wheel, try what’s working. Find the gaps in what’s working, and leverage that. Instead of thinking about millions of customers, think about the first 10. Then first 100. Leverage what you have. Get the first 10 customers, then talk about this to get the next 100. Use your app. Find ways, events, and opportunities to use your app in front of people. And get them to use it. Write content not only for SEO but also to help people. It won’t work tomorrow, but it will work for years after it picks up. Leverage other sources of traffic by partnering up! Do things that don’t scale. I’m also doing SaaS marketing deep dives over 30 pieces of content. I'm posting here for the first time, so I'm not sure if it will stay or not, sorry if it doesn't. I've helped a SaaS grow from $19K to $100K MRR as a marketer in last 2 years, and now I wanna dive deep. Cheers! (1/30)

Getting datasets to train AI to find a business opportunity and develop growth strategy

Listened to a podcast about training AI on competitive, consumer and market datasets to find the right segments for business opportunities. One example they used was feeding it case studies of companies that have become unicorns - building out their marketing and sales strategies so the AI can find 'rules'. I'm launching a telehealth clinic but I want to develop the optimal strategy for the right first customer segment, how we evolve as a platform (e.g. become more like gymshark or more health orientated) and what the marketing strategy should be. Therefore, I need a bunch of datasets such as consumer demographics and awareness, competitive offering and performance and growth lessons from benchmark companies and their strategies. How could I find such data sets? How could I put this together? Is there a scrappy version I could put together through scraping? I'm wary of feeding it shit data and getting shit back so would love some guidance.

I just had my best month after 18 months as a solopreneur

Last month I reached important milestones both financially (60+ sales) and in terms of my personal brand (2.500+ new followers) But the most important part is that it has reinforced a belief in myself: it is possible, as long as I keep going, improving, learning and iterating. For the last year and a half, I've been grinding and launching project after project. But there was always something wrong: Product didn't solve a real problem Bad marketing (very often lol) Target market had low purchasing power Super-competitive niche (usually b2c) It's difficult to have failure after failure and keep going on. At times it would feel like everyone was making money, except for me. I was hacking on my projects every single day before and after my 9-5 and had mostly given up all my free time for this. But results were far from being what I wanted. So I would doubt myself all the time. One thing I had going for me is that I really enjoy building things - so that helped me a lot in staying consistent. I always knew this was a long-term thing and that I'd probably have to fail again and again before seeing some success. But even so, it was really hard to keep up the spirits at all time, especially after working so hard for so long. I wasn't going to give up but I also knew that continuing like this would lead nowhere. So I decided that for my next project I would do 2 things: 1) prioritize marketing and 2) build something strategic 1) Prioritize marketing I decided I was going to put in the same amount of effort into marketing as I put into building. Usually my time would be split 90% coding - 10% marketing. Now, for the first time ever it's probably 65% coding - 35% marketing. I organized myself and made an entire gameplan for it. This forced me to learn a lot about: Video editing Cold emails Copywriting Running ads Short-form content There are a lot of items I still need to execute on - but at least I have a good idea of how to approach most things. 2) Build something strategic I had to build something that I would be able to use even if nobody else did. For the last year and a half I had been building AI apps and my plan was to continue doing that. So I decided to leverage that and thought about how I could build something that would give me an unfair advantage + have a compounding effect over the long term: a) Unfair advantage Having AI demo apps that cover all type of AI functionalities would make my life easier & would allow me to ship new apps quickly, regardless of the required model/functionality So even if nobody bought this - I'd have built something really useful for myself & would have a slight edge over other people b) Compound over the long term Building "AnotherWrapper' (my new project) would have a good synergy with my future projects: It would allow me to build new projects faster While building new projects, I'd learn new things, which I would then be able to implement into AnotherWrapper and improve the product that way A win-win. Closing thoughts I did not expect things to go this well - it's been an amazing month and I'm truly grateful to everyone that has been supporting me. But at the end of the day, there is still a lot of work to be done. The initial 'hype' & effects from some viral tweets are starting to wear off. I still don't have a reliable distribution channel that guarantees me traffic. So I need to figure that out. I think the product has a lot of potential - it has been well received and has been a success so far, but my distribution is still lacking. The good thing is that I now have some extra cash to spend on things like ads, influencers, freelancers etc. So it opens some new doors that were previously closed! I also have some other projects down the pipeline which are coming soon. Will keep you guys updated!

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

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

Marketing strategy for early-stage startup

Hi! I'm a first-time founder and now we with my co-founder are working on launching our solution. We are working on a b2c service that visualizes what people feel based on their notes. Our potential users are women 18-29 who are interested in feeling better. I'm non-technical so marketing is in my responsibilities. Now I am trying to create something like a marketing strategy for this early-stage launch, and I would like to know your opinions about it, maybe I missed something that could work for us. In my plan, we start by announcing in personal social networks, like LI, Ig and meeting new people on offline events. We also would try to have some paid or unpaid announcements in groups on Fb about health, well-being, new apps, AI (we use AI in our service), women entrepreneurs supportive communities. We were thinking about Tinder Ads, but I didn't have any reviews of it. We also plan to work with influencers on Ig and YT, maybe TikTok. And also would like to try Google Ads, IG ads, YT ads. &#x200B; Have you tried something of it? How it was? Maybe I missed something that worked for you in similar cases?

Need advise on equity

Hey all, I am in the late stages of launching an app (Cloud native, API and AI based) with 3rd party data integration. We don’t have any user/revenue at this time but the base platform is almost ready with some user feedback. So far I have been the only one tackling the technical aspects (with some external help) and other non-technical aspects. Now I am teaming up with another partner who is going to be my technical co-founder who ideally will help in taking my platform forward and tweak the product depending on further user feedback. I am wondering what should be the equity offering to the co-founder in this situation considering that the product is in slightly late stage but also considering the skills required for this and also potential pivots we might have to do in future.

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

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

We built a tool to help you find relevant grants. Would you pay for it?

Hi everyone, About a year ago, I asked you guys whether it would make sense to develop a tool to help entrepreneurs find relevant grants. Many of you provided incredibly valuable feedback, which we used to refine the concept. With this concept, we went through Techstars and finally launched a beta version of our grant scan tool last week! Along the way, we realized something interesting: when you ask a grant advisor which grants might be a great fit for you, they almost always recommend the ones they know well. This makes sense since most work on a success fee basis, and referring you to lesser-known grants (which take more time to write and have lower success rates) isn’t worth it for them. Plus, memorizing the details of 20,000+ grants is, understandably, pretty tough. Our platform uses AI to scan and analyze thousands of grants. It identifies the best matches, estimates your chances of success, and calculates how much time you might need for the application and reporting phases. We can then match you with a grant advisor with relevant expertise—whether to write the application for you or provide feedback on your draft. We’re considering launching both a free and a paid version. The free version would provide basic insights, while the paid version would include more comprehensive results, expert comments (such as explaining why certain grants are a good fit), and updates when new relevant grants become available. Both versions will allow you to connect with relevant experts. Would you pay for the paid version? And if so, which features should it include? Also, any general feedback is much appreciated! Thanks!

People are overthinking with digital products.

All you really need is a checkout link to start. I failed a lot of times. Literally I could build the whole landing page, admin panel, ai automation to handle moderation and content. After spending months in vacuum building more, more, more features. Launching and getting 0 customers in the end. You are literally just getting depressed. You know that feeling, right ? Me too. We missed one important step before building anything - ASKING. We need to ask more clients, users, and do our research based on Google Keywords, forums and subreddits. You probably won't do it. It is your choice. You have all rights to do it. Let me give one piece of advice, instead of building more features and spendings months on your MVP. Set a deadline in 2-4 weeks. Build it, launch it, and go live as soon as possible. You need to get a real feedback and face a reality. Most of the companies that you see, started with simple Excel file, Google Doc, or even paper with pen. Do you know why ? Because they didn't have anything in the beginning. No money, no customers, NOTHING. Remember that.

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

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

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.

AI Business Ideas for Startups: What’s the Next Big Opportunity? (I will not promote)

AI is reshaping industries, and startups that leverage it right are gaining massive traction. But with so many possibilities, where should new founders focus? Some promising AI startup ideas right now: AI-powered automation – Replacing repetitive tasks in finance, HR, and legal AI chatbots & assistants – Personalized customer support, lead gen, and virtual agents AI-driven analytics – Helping businesses make smarter decisions with real-time insights AI content generation – Scaling marketing, SEO, and creative work effortlessly AI healthcare solutions – Virtual diagnostics, mental health support, and remote monitoring But here’s the challenge—building an AI startup isn’t just about tech, it’s about solving real problems. If you were launching an AI startup today, what problem would you solve?

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

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

I Built a Startup at 18, Shut It Down at 21, and Now I Feel Lost at 22 - What Should I Do?

Here’s My Story: At 18, during my first year of studying computer engineering, I founded my first tech startup. For three years, I wore every hat, programming, marketing, sales, design, HR, product management, and even handling finances. It was a crash course in business and tech, and I learned more than I ever thought possible. By the time I shut it down in 2023, we had 8,000 app downloads, lots of positive feedback, and promising metrics. But despite the progress, I had to let it go (there might be a possibility of launching it again since I didn't shut it because it was a failure). Now at 22, I’m Lost. I’ve realized how much I want to master everything related to business and tech, but I feel scattered. When I tried creating content on LinkedIn, I wrote posts about AI, programming, HR, funding, and product management, and I have more drafts waiting. One day I want to start another startup. The next, I dream of becoming an AI product manager or just finding a stable job. With graduation coming next summer, I’m struggling to focus and figure out which path to take. I Need Your Advice. If you’ve been through something similar or have guidance for someone at this crossroads, I’d love to hear your thoughts. How do I find clarity and decide which direction to pursue? i will not promote

AI Business Ideas for Startups: What’s the Next Big Opportunity? (I will not promote)

AI is reshaping industries, and startups that leverage it right are gaining massive traction. But with so many possibilities, where should new founders focus? Some promising AI startup ideas right now: AI-powered automation – Replacing repetitive tasks in finance, HR, and legal AI chatbots & assistants – Personalized customer support, lead gen, and virtual agents AI-driven analytics – Helping businesses make smarter decisions with real-time insights AI content generation – Scaling marketing, SEO, and creative work effortlessly AI healthcare solutions – Virtual diagnostics, mental health support, and remote monitoring But here’s the challenge—building an AI startup isn’t just about tech, it’s about solving real problems. If you were launching an AI startup today, what problem would you solve?

I studied how 7 Founders found their first 100 customers for their businesses. Summarizing it here!

I am learning marketing, and so I combed through the internet to find specific advice that helped founders reach 100 users and not random Google answers. Here’s what I found: Llama Life by Marie Marie founder of Llama Life, a productivity app ($51.4K+ revenue) got her first 100 users using Snowballing effect. She shared great advice that I want to add here verbatim, “Need to think about what you have that you can leverage based on your current situation. eg..When you have no customers, think about where you can post to get the 1st customer eg Product Hunt. If you do well on PH, say you get #3 product of the day, then you post somewhere else saying ‘I got #3 product of the day’.. to get your next few customers. Maybe that post is on reddit with some learnings that you found. If the reddit post does well, then you might post it on Twitter, saying reddit did well and what learnings you got from that etc. or even if it doesn’t do well you can still post about it.” Another tip she shared is to build related products that get more viral than the product itself. These are small stand-alone sites that would appeal to the same target audience, but by nature, are more shareable. On these sites, you can mention your startup like: ‘brought to you by Llama Life’ and then provide a link to the main website if someone is interested. If one of those gets viral or ranks on Google, you’ll have a passive traffic source. Scraping bee by Pierre Pierre, founder of Scraping Bee, a web scraping tool has now reached $1.5M ARR. Pierre and his cofounder Kevin started with 10 Free Beta Users in 2019, and after 6 months asked them to take a paid subscription if they wanted to continue using the product. That’s how they got their first user within 50 minutes of that email. Then they listed it on dozens of startup directories but their core strategy was writing the best possible content for their target audience — Developers. 3 very successful pieces of content that worked were : A small tutorial on how to scrape single-page application An extensive general guide about web scraping without getting blocked A complete introduction to web scraping with Python They didn’t do content marketing for the sake of content marketing but deep-dived into the value they were providing their customer. One of these got 70K visits, and all this together got them to over 100 users. WePay by Bill Clerico Bill Clerico left his cushy corporate job to build WePay which was then acquired for $400M got his first users by using his app. He got his first users by using his app! The app was for group payments. So he hosted a Poker tournament at his house and collected payments only with his app. Then they hosted a barbecue for fraternity treasurers at San Jose State & helped them do their annual dues collection. Good old word-of-mouth marketing, that however, started with an event where they used what they made! RealWorld by Genevieve Genevieve — Founder and CEO of Realworld stands by the old-school advice of value giving. RealWorld is an app that helps GenZ navigate adulthood. So, before launching their direct-to-consumer platform, they had an educational course that they sold to college career centers and students. They already had a pipeline of adults who turned to Realworld for their adulting challenges. From there, she gained her first 100 followers. Saner dot ai by Austin Austin got 100 users from Reddit for his startup Saner.ai. Reddit hates advertising, and so his tips to market your startup on Reddit is to Write value-driven posts on your niche. Instead of writing posts, find posts where people are looking for solutions DM people facing problems that your SaaS solves. But instead of selling, ask about their problem to see if your product is a good fit Heartfelt posts about why you built it, aren’t gonna cut it To find posts and people, search Reddit with relevant keywords and join all the subreddits A Stock Portfolio Newsletter A financial investor got his first 100 paid newsletter subscribers for his stock portfolio newsletter. His tips : Don’t reinvent the wheel. Work what’s already working. He saw a company making $500M+ from stock picking newsletter, so decided to try that. Find the gaps in “already working” and leverage them. That newsletter did not have portfolios of advisors writing them. That was his USP. He added his own portfolio to his newsletter. Now to 100 users, he partnered with a guy running an investing website and getting good traffic. That guy got a cut of his revenue, in exchange. That one simple step got him to 100 users. Hypefury by Yannick and Samy Yannick and Samy from Hypefury, Twitter and Social Media Automation tool got their first beta testers and users from a paid community. They launched Hypefury there and asked if someone wanted to try it. A couple of people tried it and gave feedback. Samy conducted user interviews and product demos for them, And shared the reviews on Twitter. That alone, along with word-of-mouth marketing on Twitter got them their first 100 users. To conclude: Don’t reinvent the wheel, try what’s working. Find the gaps in what’s working, and leverage that. Instead of thinking about millions of customers, think about the first 10. Then first 100. Leverage what you have. Get the first 10 customers, then talk about this to get the next 100. Use your app. Find ways, events, and opportunities to use your app in front of people. And get them to use it. Write content not only for SEO but also to help people. It won’t work tomorrow, but it will work for years after it picks up. Leverage other sources of traffic by partnering up! Do things that don’t scale. I’m also doing SaaS marketing deep dives over 30 pieces of content. I'm posting here for the first time, so I'm not sure if it will stay or not, sorry if it doesn't. I've helped a SaaS grow from $19K to $100K MRR as a marketer in last 2 years, and now I wanna dive deep. Cheers! (1/30)

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

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

Idea Validation Post: Seeking Feedback on My AI-Driven Quick Launch Application! 🚀

Hey Members! I’m excited to share an idea for a new application I’m planning to build: Quick Launch . This AI-driven platform is designed to assist solopreneurs or anyone with an idea in launching their Minimum Viable Products (MVPs) by taking on the roles of the entire team needed for the process. Goal: Assistance in quickly moving from Idea to MVP Before I dive into the details, I’d love to hear your thoughts and feedback. Key Features: Product Creation: From Idea to Product Detailing AI-Generated Q&A: Real-time questions generation one-at-a-time to define the product requirements based on their knowledge levels to convert an Idea into a Product. Market Research Reports: In-depth analysis that identifies product-market fit, competitive landscape, and potential marketing strategies. Sentiment Analysis: Evaluation of user feedback and reactions across multiple subreddits to gauge public opinion on ideas. Product Development: Product Detailing to Actual Product User Story Generation: Identification and creation of comprehensive user stories, tasks, and sub-tasks to facilitate development. AI Project Management: AI agents assume roles of project managers and UI/UX designers to streamline product detailing and development. Integration Capabilities: Seamless integration with popular project management tools like Jira, Asana, and Trello for better workflow management. Target Audience: Solopreneurs: Individuals looking to bring their business ideas to life without extensive resources. Indie Hackers: Entrepreneurs focused on building small projects or startups with minimal overhead. Idea Validators: Anyone with a concept seeking initial validation and market feedback before committing significant resources. If you’re interested in learning more, check out our teaser website: Quick Launch Discussion Question: What features would you find most valuable in an application like this? Are there specific pain points you face when launching an MVP? Your insights would be incredibly helpful as I refine this idea! Looking forward to your thoughts! 🙌

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

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

How do I land my first SaaS customers for a small Data-to-Dashboard service?

Hi everyone, I'm in the early stages of launching a SaaS tool (cleverdash.ai) and am curious to learn from your experiences. Our main differentiator is that we're a human-AI collaborative tool that enables anyone to transform data into meaningful dashboards. What strategies or tactics did you use to acquire your very first customers, especially when working with a limited marketing budget? I'm looking for practical advice and any success stories that might help guide my efforts. Thanks in advance for your insights!

Restarting My Agency / Compared To Full Time Corporate

I’m currently thinking about going back to consulting / agency work compared to my current tech job I have. Over a year ago I signed this tech client and they wanted more and more from me which ended up becoming a full time role. At the time, the challenge excited me as it was working on a very large project on a global scale, competing with some of the biggest brands in the world. I was making good money before working in my agency and consulting with lots of different brands on their paid media, websites and e-commerce. I have a healthy package where I’m at at the moment but want more. Working with different clients always created curiosity, no day was the same and that what I loved about it. So now I’m considering going to back to starting the business and working with clients again. My question is: What do businesses ACTUALLY want? Everyone wants great roas and an amazing site but what are core things people are looking for in a growth partner / agency? I’m thinking of relaunching with three pillars in mind: Digital (Paid Media, Lead Gen, Web Dev) AI implementation as a lot of businesses don’t know how to leverage AI completely for cost saving and efficiencies. Content (Video, SEO, Content Writing) for modern day ranking I’m currently rebuilding my pitch deck and thought I would ask the question here before I go back to my network and start opening up conversations again. Would love to hear people’s thoughts in addition to anyone that’s done the same?

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

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

Seeking Entrepreneurs and Remote Workers for Exclusive Blog Interview Series 🚀

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

Idea Validation Post: Seeking Feedback on My AI-Driven Quick Launch Application! 🚀

Hey Members! I’m excited to share an idea for a new application I’m planning to build: Quick Launch . This AI-driven platform is designed to assist solopreneurs or anyone with an idea in launching their Minimum Viable Products (MVPs) by taking on the roles of the entire team needed for the process. Goal: Assistance in quickly moving from Idea to MVP Before I dive into the details, I’d love to hear your thoughts and feedback. Key Features: Product Creation: From Idea to Product Detailing AI-Generated Q&A: Real-time questions generation one-at-a-time to define the product requirements based on their knowledge levels to convert an Idea into a Product. Market Research Reports: In-depth analysis that identifies product-market fit, competitive landscape, and potential marketing strategies. Sentiment Analysis: Evaluation of user feedback and reactions across multiple subreddits to gauge public opinion on ideas. Product Development: Product Detailing to Actual Product User Story Generation: Identification and creation of comprehensive user stories, tasks, and sub-tasks to facilitate development. AI Project Management: AI agents assume roles of project managers and UI/UX designers to streamline product detailing and development. Integration Capabilities: Seamless integration with popular project management tools like Jira, Asana, and Trello for better workflow management. Target Audience: Solopreneurs: Individuals looking to bring their business ideas to life without extensive resources. Indie Hackers: Entrepreneurs focused on building small projects or startups with minimal overhead. Idea Validators: Anyone with a concept seeking initial validation and market feedback before committing significant resources. If you’re interested in learning more, check out our teaser website: Quick Launch Discussion Question: What features would you find most valuable in an application like this? Are there specific pain points you face when launching an MVP? Your insights would be incredibly helpful as I refine this idea! Looking forward to your thoughts! 🙌

Looking for Feedback: AI-Powered Platform to Help Entrepreneurs Find Profitable Digital Businesses

Hi everyone! I’m launching DealSight, an AI-driven platform designed to help entrepreneurs find and analyze digital businesses for acquisition. It monitors 20+ broker sites, applies smart deal filtering, performs deep analysis, and sends priority alerts for deals that match your criteria. Our goal is to save entrepreneurs time and help them make better data-driven decisions. Here’s how it works: 1️⃣ Set your preferences (industry, size, location, etc.). 2️⃣ Our AI continuously matches your criteria with new listings. 3️⃣ Get customizable alerts with detailed deal reports. We’ve already analyzed $250M+ in deal value and saved users an average of 45% in time. I’d love to hear your thoughts: Would this be useful for your business-buying journey? Any features you think we should add or improve? Any concerns that might stop you from using a platform like this? You can learn more or try it for free \here\. Thanks in advance for your feedback!

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

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

Looking for Feedback: AI-Powered Platform to Help Entrepreneurs Find Profitable Digital Businesses

Hi everyone! I’m launching DealSight, an AI-driven platform designed to help entrepreneurs find and analyze digital businesses for acquisition. It monitors 20+ broker sites, applies smart deal filtering, performs deep analysis, and sends priority alerts for deals that match your criteria. Our goal is to save entrepreneurs time and help them make better data-driven decisions. Here’s how it works: 1️⃣ Set your preferences (industry, size, location, etc.). 2️⃣ Our AI continuously matches your criteria with new listings. 3️⃣ Get customizable alerts with detailed deal reports. We’ve already analyzed $250M+ in deal value and saved users an average of 45% in time. I’d love to hear your thoughts: Would this be useful for your business-buying journey? Any features you think we should add or improve? Any concerns that might stop you from using a platform like this? You can learn more or try it for free \here\. Thanks in advance for your feedback!

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

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

Sailea Nonprofit Event: 🚀 AI-Powered Innovation: Presentation by Misha Ghosh 🚀

Curious about how AI is transforming industries? Want to learn from a leader who has been at the forefront of data science at Wells Fargo Bank and founded his own innovative AI startup? SAILea is bringing you an exciting opportunity to hear from Misha Ghosh, an expert in AI and data science with real-world experience in driving innovation! 🌟 What you can expect: Insights into how AI is being integrated into creative and practical processes Stories from Mr. Ghosh’s work at Wells Fargo and as the founder of IDiyas Practical advice for launching your own AI-powered startup Engaging Q&A session to get your burning questions answered! 🗓 Event Details: Date: Saturday, October 5th, 2024 Time: 4 PM ET Where: Virtual via Zoom Entry: FREE! Whether you're an AI enthusiast, a student, or an aspiring entrepreneur, this is a unique opportunity to learn from one of the industry's best. 💻 Register now at https://forms.gle/vpnuvK9S5MxffDMd8 secure your spot!

AI Agent for No-Code Automated QA Testing – Looking for Early Users!

I’m building an AI-powered QA testing tool that works like a real human—no coding needed! It can test everything from simple websites to complex financial apps by mimicking real user behavior. Currently in the MVP stage, and I want to validate the idea before launching. If you’re interested in automating your web testing without writing code, let’s chat! Looking for early adopters to shape the product. Drop a comment or DM me if this sounds useful to you!

The directory boilerplate Mkdirs has run for 100 days making $19K now, AMA

Hello everyone, I posted my product Mkdirs (How I made $2K+ in 10 days after launching Mkdirs) in r/SideProject before, and now 100 days passed, I am here to share some updates about this product. Please allow me to introduce Mkdirs first, it is a directory boilerplate, packed with AI, Listings, Payment, Submission, CMS, Blog, Authentication, Newsletter, SEO, Themes and more. https://mkdirs.com I launced it 3 months ago, and gained 160+ customers, who have launched 40+ directories so far. Recently the Mkdirs template supports submissions with AI assistance to improve efficiency. Simply enter the URL, and the AI model will analyze the website content, generate the description and introduction (in Markdown format), assign categories and tags, detect and upload logo and image, making submissions and launch directories super fast! Thank you for the community, and feel free to ask me anything if you have any questions. mkdirs directory boilerplate, submission with AI assistance

How I got 1000 users on day one.

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

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

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

Introducing Stratify: Your Ultimate AI Strategy Builder for Business Success

Hello, I’m thrilled to announce the launch of my new startup, Stratify! 🔍 What is Stratify? Stratify is an AI Strategy Builder designed to help businesses of all sizes develop, implement, and optimize their strategic plans using cutting-edge artificial intelligence. Whether you're a startup looking to scale or an established company aiming to innovate, Stratify provides the tools and insights you need to stay ahead in today's competitive landscape. 🌟 Key Features: Automated Strategy Development: Leverage AI to analyze market trends, competitor data, and internal metrics to create comprehensive strategic plans tailored to your business goals. Real-Time Analytics & Insights: Monitor your strategy's performance with real-time data dashboards, enabling you to make informed decisions quickly. Scenario Planning: Use AI-driven simulations to forecast different business scenarios and understand potential outcomes, helping you prepare for uncertainties. Collaborative Tools: Facilitate team collaboration with integrated communication features, ensuring everyone is aligned and contributing to the strategy development process. Customizable Templates: Access a library of industry-specific strategy templates that can be customized to fit your unique business needs. 💡 Why Stratify? In today's fast-paced business environment, creating and adapting effective strategies can be challenging. Many companies struggle with data overload, lack of actionable insights, and inefficient planning processes. Stratify addresses these pain points by harnessing the power of AI to streamline strategy building, making it more efficient, data-driven, and adaptable. 🚀 Our Journey So Far: Founded: August 2024 Milestones Achieved: Developed and tested our MVP with a select group of beta users What's Next: Launching our public beta in Q4 2024 Expanding our feature set based on user feedback Growing our team with experts in AI, business strategy, and customer success 🤝 How You Can Help: We’re eager to connect with early adopters, business strategists, and industry experts who can benefit from or contribute to Stratify. Here’s how you can get involved: Join Our Beta Program: Be among the first to experience Stratify and provide valuable feedback. Share Your Insights: Help us refine our features by sharing your business strategy challenges and needs. Spread the Word: If you know someone who could benefit from an AI-driven strategy builder, please share our mission and be an affiliate to earn rewards! 🌐 Learn More: Visit our website at AI-Powered Brand Strategy & Content Creation | Stratify (brandprovoke.com) and follow us for the latest updates and insights. 🙏 Thank You! A heartfelt thank you to the Reddit community for your support and encouragement. We’re excited to embark on this journey and look forward to your feedback and suggestions! Looking forward to your thoughts and questions!

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

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

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

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

How I Made $0 in One Month with My AI Startup

How I Made $0 in One Month with My AI Startup Step 1: Built an AI writing tool. Step 2: Expected users to magically appear. Step 3: Checked my analytics—still just me and my mom using it. Step 4: Did what every founder does—refreshed the dashboard 47 times a day. Step 5: Launched on Product Hunt. Got 12 upvotes. Half were from my alternate accounts. Step 6: Thought about running ads. Remembered I had no budget. Step 7: Scrolled Twitter for "growth hacks." Implemented none. Step 8: Posted on LinkedIn. My post got 2 likes—one from a bot. Step 9: Checked my Stripe account. Still $0. Moral of the story? Just launching isn’t enough. If you’re building an AI tool (or anything), people won’t magically show up—you need to market, iterate, and actually talk to users. Speaking of AI tools, I ended up building Panda AI Studio because AI tools should be easy to use, not a headache. No complicated prompts, no figuring out how to "talk" to AI. Just 200+ tools that do what you need for writing, content, marketing, job hunting, and more. If that sounds like something you’d actually use, check it out. Maybe I’ll finally break the $1 mark next month. 😅

I grew my mobile app to 1.4 million downloads

I started developing the app in early 2017, well before the AI era, when mobile apps were at their peak popularity. My idea was to create an app for emotional and psychological support in the form of helpful articles and various quizzes, such as personality assessments and life satisfaction tests. I named the app "Emotional Intelligence" because this keyword showed good ASO potential for positioning at the top of mobile stores. This proved to be accurate, and the app quickly gained traction in terms of downloads. A major problem I faced then was monetization. Unfortunately, in my country, it wasn't possible to sell through Google Play then, so I could only display ads. I started with Google AdMob, earning $2000 monthly after just a few months. The app then got about 1500 organic downloads daily and quickly surpassed 500,000. Three years after launching the app, I decided it was time for branding to build recognition. By combining the words "sentiment" and "intelligence," I came up with "Sintelly." I then pushed the app toward a social network, which differed from the right move. Adding features like discussion forums for problems, likes, and comments would result in even more growth, but the opposite happened. The app started declining, and I began investing in advertising campaigns. I managed to maintain a balance between income and expenses but without any profit. Then COVID-19 hit, and everything went downhill. I had to give up development and find a job as a developer to ensure my livelihood. Two years passed since I gave up, and that's when ChatGPT started gaining popularity. This immediately showed me how to steer the app towards active support for well-being questions. As I'm not an expert in psychology, I found several external psychotherapists who helped me put together CBT therapy, which I then implemented through a chatbot. This is how the new Sintelly app was born, with its main feature being a chatbot system composed of 17 AI agents that adapt to the user and guide them through a five-phase CBT therapy (I'll write a post about the technology). In addition to the agents, I added various exercises and tests to provide better personalization for the user. Initially, I made all of this free, which was also a mistake. I followed the principle of first showing what the app can do and gathering enough new users before starting to charge. I started selling subscriptions at the beginning of July, and since then, the app has had stable growth. If you want a check app, here is the link. Lessons learned: If things are working, don't touch them Start selling immediately upon app release; there's no need to wait Regularly test prices and types of subscriptions Onboarding is the most essential part of the app because most users buy subscriptions during onboarding It's essential to listen to user feedback. From day one, have a website and work on content to generate organic visits and redirect users from the web to the mobile app Stats: Over 1.4 million downloads 4.4 rating Only 40,000 active users (I had a massive loss during the period when I gave up) 280 active subscribers $3000 monthly revenue Next steps: Work on improving the Agent AI approach Setting up email campaigns and transactional emails Introducing in-app and push notifications Introducing gamification Potential for B2B I hope you can extract useful information from my example and avoid repeating my mistakes. I'm interested in your thoughts and if you have any recommendations for the next steps. I'm always looking to learn and improve.

Running and selling multiple side projects alongside a 9-5

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

a product code-to-pitch deck in 60 seconds. could use some beta testers for this.

following up to my recent post about ai sales guide for new founders! so, in about 14 days, I'm launching a (hopeful) game-changer for dev/technical founders. you simply input your short (or long, your choice) product description (text, code, GitHub README snippet) and receive a tailored, professional-grade downloadable deck in under a minute. really good when you need a quick explainer (for potential customers, investors, etc.) I'm building this b/c trying to explain your product to non-devs in clear and compelling way is very hard, and I really want to make this easier for new founders. If you're interested in joining my upcoming beta test group for this, feel free to DM me.

I am building my agency to help founders build AI startups after 2 successful AI SaaS exits and 4 failures

Hey everyone, I have been building AI products before ChatGPT was launched. In these years, I have managed to launch, scale and exit 2 SaaS products successfully. Today I am launching a new service offering - Query Labs - Helping you build AI agents for your startups. Like all my previous products, I will be building this in public and share my learning along the way. Here's what I have built so far : Microsponsors ( Fail ) My first product ever. I tried to create a marketplace for newsletter writers to find sponsorship opportunity. Got a few very big newsletter listed on the marketplace as well. However, building marketplace is tough. I found it very difficult to bring in sponsors. Ended up shutting it down, AI Query (Exit - Pre revenue ) It was the second half of 2022 and GPT-3 was the most advance AI on the market. I decided to build a tool that can help developers and non-technical folks write SQL queries by just asking in plain english. I got my first taste of success with this. Had a decent offer even before I figured out monetisation. Accepted the offer to focus on my next product which had already started gaining traction AI Excel Bot ( Exit - Revenue Generating ) AI Excel Bot was my wild success. I had worked hard on the SEO for the site, along with the UI / UX to make it the best AI to write excel formulas and general excel task. There was already a large competitor in the market. However, the reality is that you don't need to be the top player. There is always room for multiple players to survive in a large market. You just need to find the good differentiating factor For AI Excel Bot, the differentiator was the chrome extension, that helped users access it anywhere on the internet. Scaled the product to more than 40k users at the time of exit. However, in the end I decided to exit and focus on my software service business that needed more time. Tutore AI ( Fail ) I wanted to build something useful for students to help them learn better. Tutore was my idea to build AI tools for students. I did launch quickly with multiple tools. However, wasn't motivated enough to continue with the grind. I have decided to sell the product. Have had some meetings with potential buyers but didn't agree on price. Prompt Hackers ( 1k users but no revenue ) Prompt Hackers is a directory of AI prompts for all the use cases you can image. I focused a lot on bringing traffic and newsletter subscription from the day 1. I have never had a problem bringing initial set of users to my products. Prompt Hackers was getting close to 20k page views a month. At the same time we had close to 1k newsletter subscribers. Since our target customers were people choosing to use ChatGPT / Bard instead of some specific software for their task, I built a Prompt Generation and Prompt Optimisation AI. Along with this I also created features to build private prompt library. To make the experience even better, I launched a Chrome Extension that helps users access the prompt generation AI and their prompt library while using ChatGPT. However, I couldn't figure out monetisation. I still get close to 4k page views per month with no marketing at all. There are users who use the AI tools and the prompt library feature daily. But, since I couldn't figure out monetisation, I decided to not put time into the project. There you go. These are all the products I have built in the last 3 years. I have been heavy investing myself in the latest tech in LLMs and AI agents. I know the biggest challenge for AI founders is the AI agents and backend pipelines. That's why I am launching Query Labs. To help you build the best AI implementation for your innovative AI startup. I would love to hear feedback from the community. I will be sharing my learning with my new service along the way. Thanks!

Just reached 300 users in 3 months!!!

Just reached 300 users after 3 months live!!! My co-founder has been posting a bit here and always got some strong support and he suggested I share my side of things so here it is: How it started I co-founded AirMedia almost a year ago and we both didn’t know much about design/marketing/coding (just studied programming during my 6-month exchange period. The quickest way to get started seemed to get a no-code product that we could put in front of users and get feedback. My co-founder then started learning about bubble and we put together a basic platform to show users. I was working on a custom-code database in the meantime and decided after month 2 that we wanted to get something better I.e. AI would be interacting with the UI and had to do everything custom-code for it. We’re now month 3 and started from scratch again. While I was working on the code, we started talking to some potential users and selling lifetime deals to validate the idea (this is where I would start if I had to do it over again). Well I progressively found out it was more complicated than expected and we only released our first beta product last August (6 months later) Some challenges pre-launch: Getting the Meta/LinkedIn permissions for scheduling took around 1 month As the whole process took more time than expected, the waitlist of 300 that we managed to put together only converted by 10% (into free users). Please don’t make our mistakes and always keep your waitlist updated on what’s going on. Some challenges post-launch: Getting the right feedback and how to prioritise Getting users Monetising (yes - we’re bootstrapped) To get the best feedback we implemented some tracking (according to GDPR of course) on the platform and implemented Microsoft Clarity. The latter is a game-changer, if you have a SaaS and don’t use it you’re missing out. I wasn’t really into getting users as my co-founder handled that but it’s mainly manual and personalised LinkedIn outreach at the beginning and Reddit sharing about the progress, answering questions and getting some feedback at the same time. To monetise we realised we’re too common and there are 100+ other nice schedulers around so we’re now focusing on cracking the content creation side of AI (to be released next week 👀) as there’s much less competitors and it seems like that’s our users want. In the meantime of growing the company, we had to find a way to pay the bills as it’s two of us living together. So my co-founder started using the bubble skills gained and doing some freelance. He did around 7 platforms the last 6 months and we’re now just launching a bubble agency as a part of the main company to get your idea of a SaaS done in 30 days. That’s QuickMVP. It seemed like the right move to help other people (I met many non-technical founder looking for someone to bring their idea to life that didn’t cost $10k and was reliable) and include the AirMedia subscription in the package so let’s see how this next step plays out. Thanks for reading until here :)

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

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

I built an ai startup, got paying customers—then made it free because it felt like a scam

A few months ago, I launched my first AI startup, AppScriptor. It was an AI-powered tool that could generate mobile apps automatically. At first, I was thrilled—I got a lot of reactions, paying customers, and people excited about the idea. But the more I worked on it, the more I realized a major flaw: real-time app previews were nearly impossible. Users wanted instant updates and fast iterations, but the technology just wasn’t there yet. I felt guilty charging people for something that wasn’t delivering the experience they expected. It wasn’t bad, but it wasn’t good enough. I didn’t want to keep collecting payments while knowing I couldn’t improve it quickly enough—so I made it completely free. Eventually, I shut it down. That experience taught me a crucial lesson: people don’t just want an MVP; they want something useful. That’s why I built StarterPilot—an AI-driven platform that helps entrepreneurs validate ideas, generate branding assets, and build landing pages effortlessly. This time, I’m making sure it actually delivers. What’s the hardest part of launching a startup for you? Would love to hear your experiences!

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

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

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

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

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

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

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

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

Introducing Stratify: Your Ultimate AI Strategy Builder for Business Success

Hello, I’m thrilled to announce the launch of my new startup, Stratify! 🔍 What is Stratify? Stratify is an AI Strategy Builder designed to help businesses of all sizes develop, implement, and optimize their strategic plans using cutting-edge artificial intelligence. Whether you're a startup looking to scale or an established company aiming to innovate, Stratify provides the tools and insights you need to stay ahead in today's competitive landscape. 🌟 Key Features: Automated Strategy Development: Leverage AI to analyze market trends, competitor data, and internal metrics to create comprehensive strategic plans tailored to your business goals. Real-Time Analytics & Insights: Monitor your strategy's performance with real-time data dashboards, enabling you to make informed decisions quickly. Scenario Planning: Use AI-driven simulations to forecast different business scenarios and understand potential outcomes, helping you prepare for uncertainties. Collaborative Tools: Facilitate team collaboration with integrated communication features, ensuring everyone is aligned and contributing to the strategy development process. Customizable Templates: Access a library of industry-specific strategy templates that can be customized to fit your unique business needs. 💡 Why Stratify? In today's fast-paced business environment, creating and adapting effective strategies can be challenging. Many companies struggle with data overload, lack of actionable insights, and inefficient planning processes. Stratify addresses these pain points by harnessing the power of AI to streamline strategy building, making it more efficient, data-driven, and adaptable. 🚀 Our Journey So Far: Founded: August 2024 Milestones Achieved: Developed and tested our MVP with a select group of beta users What's Next: Launching our public beta in Q4 2024 Expanding our feature set based on user feedback Growing our team with experts in AI, business strategy, and customer success 🤝 How You Can Help: We’re eager to connect with early adopters, business strategists, and industry experts who can benefit from or contribute to Stratify. Here’s how you can get involved: Join Our Beta Program: Be among the first to experience Stratify and provide valuable feedback. Share Your Insights: Help us refine our features by sharing your business strategy challenges and needs. Spread the Word: If you know someone who could benefit from an AI-driven strategy builder, please share our mission and be an affiliate to earn rewards! 🌐 Learn More: Visit our website at AI-Powered Brand Strategy & Content Creation | Stratify (brandprovoke.com) and follow us for the latest updates and insights. 🙏 Thank You! A heartfelt thank you to the Reddit community for your support and encouragement. We’re excited to embark on this journey and look forward to your feedback and suggestions! Looking forward to your thoughts and questions!

I made a Voice AI Automated Testing platform (because I hate making phone calls)

As my first New Year’s resolution, I’m excited to officially launch my side project: Testzilla.ai. While designing my Voice AI systems using VAPI, RetellAI, Bland, etc., I quickly got tired of the "Update system, test call flows, repeat" cycle that went with it. The whole point of Voice AI (for me) was that I could get off the phone, not spend even more time on it. So I made some Voice AI agents to test my Voice AI system so I didn't have to keep doing it manually. I showed it to developers friends who got excited and wanted to use it themselves with their systems (and sent me "Take My Money" meme, always a good sign). After hearing this a bunch of times, I decided to make it a platform I could share and easily use on multiple projects, have a simple UI, and let me run tests from my desktop or mobile with a click—and not spend 5-30 minutes of awkward time talking to phonebots in a crowded office. Win. It also has the benefit of being a way for an AI Agency to PROVE to clients that their AI system is working properly, answering questions the right way, NOT answering questions the wrong way, and that any advanced functionality (lookups, appointments, etc.) works properly. Key Features: Multi-Project Management: Simplifies the QA process across a diverse project portfolio, ideal for agencies handling multiple clients. Custom Test Management: Easily create, organize, and track test cases tailored to your project. Run Test Batches: Group and execute test cases efficiently to keep your workflow smooth and organized. Actionable Insights: Get analysis and suggestions that help you fix issues early and improve your releases. Client-Friendly Reporting: Provides clear, detailed reports that make it easy to share progress and results with stakeholders. Developer Tools: Easily manage (receive, email, view, listen, notify) your Transcripts from other systems (VAPI, Retell, etc) without having to create Zapier or Make automations with the provided Webhook URL. More dev tools coming soon, let us know what would make your life easier! I’m launching today and would love to get feedback from this awesome community! If you’re into QA, software development, or just love testing tools, give it a look and let me know what you think. I'll add $20 in credits to your new account so you can try it out risk free, no credit cards required. Here’s the link: Testzilla.ai Looking forward to hearing your thoughts! Cheers, Brian Gallagher

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

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

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

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

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

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

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

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

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

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

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

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

Learn NoCode & AI Skills for free in 100 days

Hi everyone, I hope you're having a good month so far! I wanted to share and hopefully get feedback on the free challenges we're relaunching next week. Both challenges are free, fun, and effective 30-minute bite-sized lessons delivered to your inbox. It's quite similar to taking a course but with a different take on it where the lessons are split and sent to you on a daily basis. \#100DaysOfAI and \#100DaysOfNoCode were launched to facilitate a transformative journey. Think of it as your daily 30-minute AI lab, where bite-sized lessons replace the overwhelming tide of information. Our shared mission? To navigate the vast landscape of AI and NoCode, demystifying its potential, and unveiling its practical implications in everyday life. We're putting countless hours into building the right curriculum for participants. So far, we have more than 12,000 people on the waitlist for April 1st! I'd love to hear your thoughts on this approach. (Email bite-size lessons, etc) Is there anything you'd like to learn in the NoCode or AI space? We'd be glad to include it! Thank you 🙏

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

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

Turning a Social Media Agency into $1.5 Million in Revenue

Steffie here from Founder Folks, with a recent interview I did with Jason Yormark from Socialistics. Here is his story how he started and grew his social media agency. Name: Jason Yormark Company: Socialistics Employee Size: 10 Revenue: $1,500,000/year Year Founded: 2018 Website: www.socialistics.com Technology Tools: ClickUp, Slack, KumoSpace, Google Workspace, Shift, Zapier, Klayvio, Zoom, Gusto, Calendly, Pipedrive Introduction: I am the founder of Socialistics (www.socialistics.com), a leading social media agency that helps businesses turn their social media efforts into real measurable results. I am a 20+ year marketing veteran whose prior work has included launching and managing social media efforts for Microsoft Advertising, Office for Mac, the Air Force, and Habitat for Humanity. I have been recognized as a top B2B social media influencer and thought leader on multiple lists and publications including Forbes, ranking #30 on their 2012 list. I've recently published the book Anti-Agency: A Realistic Path to a $1,000,000 Business, and host the Anti Agency podcast where I share stories of doing business differently. You can learn more about me at www.jasonyormark.com. The Inspiration To Become An Entrepreneur: I’ve been involved with social media marketing since 2007, and have pretty much carved my career out of that. It was a natural progression for me to transition into starting a social media agency. From Idea to Reality: For me realistically, I had to side hustle something long enough to build it up to a point that I could take the leap and risks going full time on my own. For these reasons, I built the company and brand on the side putting out content regularly, and taking on side hustle projects to build out my portfolio and reputation. This went on for about 18 months at which point I had reached the breaking point of my frustrations of working for someone else, and felt I was ready to take the leap since I had the wheels in motion. While balancing a full-time job, I made sure not to overdo it. My main focus was on building out the website/brand and putting out content regularly to gain some traction and work towards some search visibility. I only took on 1-2 clients at a time to make sure I could still meet their needs while balancing a full time job. Attracting Customers: Initially I tapped into my existing network to get my first few clients. Then it was a mix of trade shows, networking events, and throwing a bit of money at paid directories and paid media. This is really a long game. You have to plant seeds over time with people and nurture those relationships over time. A combination of being helpful, likable and a good resource for folks will position you to make asks in the future. If people respect and like you, it makes it much easier to approach for opportunities when the time comes. Overcoming Challenges in Starting the Business: Plenty. Learning when to say no, only hiring the very best, and ultimately the realization that owning a marketing agency is going to have hills and valleys no matter what you do. Costs and Revenue: My largest expense by FAR is personnel, comprising between 50-60% of the business’ expenses, and justifiably so. It’s a people business. Our revenue doubled from the years 2018 through 2021, and we’ve seen between 10-20% growth year over year. A Day in the Life: I’ve successfully removed myself from the day to day of the business and that’s by design. I have a tremendous team, and a rock start Director of Operations who runs the agency day to day. It frees me up to pursue other opportunities, and to mentor, speak and write more. It also allows me to evangelize the book I wrote detailing my journey to a $1M business titled: Anti-Agency: A Realistic Path To A $1,000,000 Business (www.antiagencybook.com). Staying Ahead in a Changing Landscape: You really have to stay on top of technology trends. AI is a huge impact on marketing these days, so making sure we are up to speed on that, and not abusing it or relying on it too much. You also have to embrace that technology and not hide the fact that it’s used. Non-marketers still don’t and can’t do the work regardless of how much AI can help, so we just need to be transparent and smart on how we integrate it, but the fact is, technology will never replace creativity. As an agency, it’s imperative that we operationally allow our account managers to have bandwidth to be creative for clients all the time. It’s how we keep clients and buck the trend of companies changing agencies every year or two. The Vision for Socialistics: Continuing to evolve to cater to our clients through learning, education, and staying on top of the latest tools and technologies. Attracting bigger and more exciting clients, and providing life changing employment opportunities.

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.

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

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

Strategy to launch free ai tools on Producthunt?

On my quest to improve SEO for my product's website, I have built a free ai wrapper that I will launch on PH on monday. Why Monday? Because Monday is usally when you get the most traffic. I've been mostly following the steps of this guide by Sveta Bay (great guide btw) but does launching free tools automatically gets features by influencers and ai newsletters? I guess you would need to be on top 5 for that atleast, right? But to get on the top 5 you need a good combination of product + marketing, but am i not doing as a marketing activity for my actual product? infinite loop lol

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

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

Need strategy to market my AI Saas (it's in development but I've launched waitlist lander)

Need help in planning robust strategy to gain early users. I saw some brands pre-market their product without actually launching it. What can I do on social media to have some early traction and keep the buzz running? Right now I am posting in X and Insta. but no reach. Need some suggestions. (that I can implement for free)

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

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

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

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

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.

10 Side Projects in 10 Years: Lessons from Failures and a $700 Exit

Hey folks, I'm sharing my journey so far in case it can help others. Entrepreneurship can sometimes be demotivating. In my case, I've always been involved in side projects and what I've realized is that every time you crash a project, the next one makes it a bit further. So this is a long-term game and consistency ends up paying off The $1 Android Game (2015, age 18) What Happened: 500 downloads, 1€ in ad revenue Ugly UI, performance issues Key Lessons: Don’t be afraid of launching. Delaying for “perfection” is often a sign that you fear being ignored. I was trying to perfect every aspect of the game. In reality, I was delaying the launch because I feared no one would download the app. Commit to the project or kill it. At some point, this project was no longer fun (it was just about fixing device responsiveness). Most importantly, I wasn't learning anything new so I moved to smth else. The Forex Bot Regret (2016, age 19) What Happened: Lost months identifying inexistent chart patterns Created a Trading bot that was never profitable Key Lessons: Day trading’s real winners are usually brokers. There are plenty of guys selling a bot or systems that are not making money trading, why would they sell a “money-printing machine” otherwise... Develop an unfair advantage. With these projects, I developed a strong coding foundation that gave me an edge when dealing with non-technical business people. Invest countless hours to create a skills gap between you and others, one that becomes increasingly difficult for them to close (coding, public speaking, networking, etc.) The $700 Instagram Exit (2018, age 21) What Happened: Grew a motivational account to 60k followers Sold it for $700 90% of followers were in low-income countries (hard to monetize) Key Lessons: Follower quality > quantity. I focused on growth and ended up with an audience I couldn’t truly define. If brands don’t see value, you won’t generate revenue. Also, if you do not know who you are creating content for, you'll end up demotivated and stop posting. Great 3rd party product + domain authority = Affiliate marketing works. In this case, I could easily promote an IG growing service because my 50k+ followers conveyed trust. Most importantly, the service I was promoting worked amazingly. The Illegal Amazon Review Marketplace (2020, age 23) What Happened: Sellers were reimbursing buyers for positive reviews Built a WordPress marketplace to facilitate “free products for reviews” Realized it violated Amazon’s terms Key Lessons: Check for “red flags” when doing idea assessment. There will always be red and orange flags. It’s about learning to differentiate between them (e.g. illegality, 100% dependence on a platform, etc.) If there’s competition, it’s good, if they are making money it’s even better. I was thrilled when I saw no competition for my “unique idea”. Later, I discovered the obvious reason. Copying a “Proven” Business Model (2020, age 23) What Happened: Tried recreating an Instagram “comment for comment” growth tool Instagram changed the algorithm and killed the growth strategy that the product used. Key Lessons: Do not build a business that depends 100% on another business, it is too risky. Mr. Musk can increase Twitter on API pricing to $42,000 monthly without notice and Tik Tok can be banned in the US. Due to the IG algorithm change, we had built a product that was not useful, and worse, now we had no idea how to grow an IG account. Consider future project synergies before selling. I regret having sold the 60k follower IG account since it could have saved me a lot of time when convincing users to try the service. NFT Marathon Medals (2021, age 24) What Happened: Created NFT race medals Sold 20 for 5€ each, but spent 95% of meetings explaining “what is an NFT?” Key Lessons: Market timing is crucial. As with every new technology, it is only useful as long as society is ready to adopt it. No matter how promising the tech is in the eyes of SV, society will end up dictating its success (blockchain, AI, etc). In this case, the runner community was not ready to adopt blockchain (it is not even prepared today). Race organizers did not know what they were selling, and runners did not know what they were buying. The 30-day rule in Fanatical Prospecting. Do not stop prospecting. I did prospecting and closed deals 3 months after the outbound efforts. Then I was busy executing the projects and had no clients once the projects were finished. AI Portal & Co-Founder Misalignment (2023, age 26) What Happened: Built a portal for SMEs to find AI use cases Co-founders disagreed on vision and execution Platform still gets \~1 new user/day Key Lessons: Define roles and equity clearly. Our biggest strength ended up killing us. Both founders had strong strategic skills and we were constantly arguing about decisions. NextJS + Vercel + Supabase: Great stack to create a SaaS MVP. (but do not use AI with frameworks unless you know how they work conceptually) SEO is king. One of our users creates a use case on “Changing Song Lyrics with AI.” Not being our target use case, it brings 90% of our traffic. Building an AI Tool & Getting Ghosted (2024, age 27) What Happened: SEO agency wanted to automate rewriting product descriptions Built it in 3 weeks, but the client vanished Key Lessons: Validate manually first. Don’t code a full-blown solution for a problem you haven’t tested in real-world workflows. I kept rewriting code only to throw it away. Jumping straight into building a solution ended up costing more time than it saved. Use templates, no-code, and open-source for prototyping. In my case, using a Next.js template saved me about four weeks of development only to hit the same dead end, but much faster. Fall in love with your ICP or walk away. I realized I didn’t enjoy working with SEO agencies. Looking back, I should have been honest with myself and admitted that I wasn’t motivated enough by this type of customer. Ignoring Code Perfection Doubled Traffic (2025, age 28) What Happened: Partnered with an ex-colleague to build an AI agents directory Focused on content & marketing, not endless bug fixes Traffic soared organically Key Lessons: Measure the impact of your actions and double down on what works. We set up an analytics system with PostHog and found wild imbalances (e.g. 1 post about frameworks outperformed 20 promotional posts). You have to start somewhere. For us, the AI agents directory is much more than just a standalone site, it's a strategic project that will allow us to discover new products, gain domain authority, and boost other projects. It builds the path for bigger opportunities. Less coding, more traction. Every day I have to fight against myself not to code “indispensable features”. Surprisingly, the directory keeps gaining consistent traffic despite being far from perfect Quitting My Job & Looking Ahead (2025, age 28) What Happened: Left full-time work to go all-in Plan to build vertical AI agents that handle entire business workflows (support, marketing, sales) Key Lessons: Bet on yourself. The opportunity cost of staying in my full-time job outweighed the benefits. It might be your case too I hope this post helps anyone struggling with their project and inspires those considering quitting their full-time job to take the leap with confidence.

Why the value of writing code and other digital services is going to zero

I must preface this with a trigger warning because I make some statements in this post that might be upsetting to some. This post discusses my experience building in the new era of entrepreneurship, which is one where the founder is the center of the universe, and the consultants, overpriced SaaS, and corporate swamp creatures are replaced by single-user custom software, bots, and self-hosted automations. If you work in the legacy economy, I really don't intend to stress you out or say things you are doing are quickly becoming irrelevant, but I must share the reality of how I am operating, because I would like to hear from others who are doing the same, or desire to do the same. I am currently operating with the belief that AI-powered tools are going to make 1-person million dollar businesses much more common. Building anything digital is becoming extremely easy, cheap, and quick to implement. The value of code and digital tools is approaching zero, or at most 5% of what it currently is. Right now, the most powerful AI tools are aimed at developers, so folks who have some technical and business ability basically have nothing holding them back aside from the speed of their brain right now. I happen to be a part of the cohort, and am building like there is no tomorrow, but I don't believe this cohort is actually all that big. The next hurdle to unlock the new era of entrepreneurship is empowering every entrepreneur to build at the same pace that is currently locked behind having technical ability. This cohort is huge (millions, if the number of people in this sub is any indication). This post is aimed at them (you?). If you are part of this cohort, what is holding you back from launching a new product for near-zero cost? What is too complicated, too expensive, too unknown for you to be able to build your new/current business at maximum speed? I look forward to seeing the replies, I hope some insights shared can help the community, and be a catalyst for more tools to enable non-technical founders to launch. I will now share some of how I am testing, launching, and selling as a one-man-show. This will be a little bit technical, but if the output of any layer of my stack is something you want, please comment because maybe someone will build a cheap way of accessing it without needing to manage the code yourself. \#1 BOTS I cannot overstate how much leverage bots have created for me. I run all of my bots locally and interface with with via Telegram. Bots do things like: \- watch social media pages, forums, subreddits, etc related to my customers and notify me of what is going on, and suggest SEO blog posts that could be published to capture traffic related to the topic. with a single message, my bot will generate a blog post, send it to me for review, apply edits i suggest, and then publish it live, all from within telegram \- pay attention to all my key metrics/analytics, and attempt to find insights/corrolations (ex. there is a lot of traffic on this page, blog post, video, etc. here's why, and how we can take advantage of it to drive business goals) \- repurposing content. i have dozens of social media profiles that are 100% run by bots, they are all related to my customer niches and will do things like post news, snippets from my blogs, interact with human creators in the niche, etc. this builds my audience automatically which I can then advertise to/try to convert into paying customers, since they are interested in the things my bot is posting and become followers, it's like automated qualified lead gen 24/7 across every social platform and every niche I care about. you may be thinking by now that this post is made by a bot, but you will have to trust me that this is 100% hand-written by my sleep-deprived brain. let's continue: \#2 replacing every SaaS with a shitty version of it designed for what i need out of it it's absurd that we pay ten's of dollars per seat per month for basic digital functions like chat (slack), CRM (active camppaign, sales force, hubspot, etc), email stuff (mailchip, etc), link sharing (linktree, etc), website builders (wix, squarespace, etc), etc. all of these SaaS tools are overpriced and overbuilt. I believe many of them are going to be caught in the innovators dilemma and will go to 0. I don't use any of these anymore, I build and self-host my own shitty version of each of them that does only what i need out of the tool. for example, my CRM doesn't have a fancy drag and drop email builder and 10000 3rd party plugins, because i dont need any of that shit I just need to segment and communicate with my customers. if i need more features, i can generate them on the fly. \#3 working alone I have worked with cofounders in the past, raised money from investors, hired consultants, burned money and time, suffered sleepless nights from stress caused by other people not delivering, trying to convince others they are wrong, or they are pushing the company off a cliff, waste waste waste. no more of that. In the new age of entrepreneurship, the BUILDER (you and I) are the ones creating the value, and AI empowers us to do it alone. this might seem daunting, but there is no business problem that can't be solved with a detailed discussion sesh with chatgpt, no facts that can't be found with perplexity, and no task that can't be automated with claude. there is no need for anymore swamp creatures. you are the start and the end point, you don't need to rely on anyone else for anything. this may sound ignorant, but this is the conclusion I have come to believe, and it continues to be proven every day my businesses progress with me being the only human involved. This is getting quite long so I'll cut it here. I look forward to hearing about how you are operating in this new era and hopefully getting inspired/learning some new ideas to add to my current stack.

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

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

I Watched My Startup Slowly Dying Over Two Years: Mistakes and Lessons Learned

If you are tired of reading successful stories, you may want to listen to my almost failure story. Last year in April, I went full-time on my startup. Nearly two years later, I’ve seen my product gradually dying. I want to share some of the key mistakes I made and the lessons I’ve taken from them so you don't have to go through them. Some mistakes were very obvious in hindsight; others, I’m still not sure if they were mistakes or just bad luck. I’d love to hear your thoughts and advice as well. Background I built an English-learning app, with both web and mobile versions. The idea came from recognizing how expensive it is to hire an English tutor in most countries, especially for practicing speaking skills. With the rise of AI, I saw an opportunity in the education space. My target market was Japan, though I later added support for multiple languages and picked up some users from Indonesia and some Latin American countries too. Most of my users came from influencer marketing on Twitter. The MVP for the web version launched in Japan and got great feedback. People were reposting it on Twitter, and growth was at its peak in the first few weeks. After verifying the requirement with the MVP, I decided to focus on the mobile app to boost user retention, but for various reasons, the mobile version didn’t launch until December 2023— 8 months after the web version. Most of this year has been spent iterating on the mobile app, but it didn’t make much of an impact in the end. Key Events and Lessons Learned Here are some takeaways: Find co-founders as committed as you are I started with two co-founders—both were tech people and working Part-Time. After the web version launched, one dropped out due to family issues. Unfortunately, we didn’t set clear rules for equity allocation, so even after leaving, they still retained part of the equity. The other co-founder also effectively dropped out this year, contributing only minor fixes here and there. So If you’re starting a company with co-founders, make sure they’re as committed as you are. Otherwise, you might be better off going solo. I ended up teaching myself programming with AI tools, starting with Flutter and eventually handling both front-end and back-end work using Windsurf. With dev tools getting more advanced, being a solo developer is becoming a more viable option. Also, have crystal-clear rules for equity—especially around what happens if someone leaves. Outsourcing Pitfalls Outsourcing development was one of my biggest mistakes. I initially hired a former colleague from India to build the app. He dragged the project on for two months with endless excuses, and the final output was unusable. Then I hired a company, but they didn’t have enough skilled Flutter developers. The company’s owner scrambled to find people, which led to rushed work and poor-quality code which took a lot of time revising myself. Outsourcing is a minefield. If you must do it, break the project into small tasks, set clear milestones, and review progress frequently. Catching issues early can save you time and money. Otherwise, you’re often better off learning the tools yourself—modern dev tools are surprisingly beginner-friendly. Trust, but Verify I have a bad habit of trusting people too easily. I don’t like spending time double-checking things, so I tend to assume people will do what they say they’ll do. This mindset is dangerous in a startup. For example, if I had set up milestones and regularly verified the progress of my first outsourced project, I would’ve realized something was wrong within two weeks instead of two months. That would’ve saved me a lot of time and frustration. Like what I mentioned above, set up systems to verify their work—milestones, deliverables, etc.—to minimize risk. Avoid red ocean if you are small My team was tiny (or non-existent, depending on how you see it), with no technical edge. Yet, I chose to enter Japan’s English-learning market, which is incredibly competitive. It’s a red ocean, dominated by big players who’ve been in the game for years. Initially, my product’s AI-powered speaking practice and automatic grammar correction stood out, but within months, competitors rolled out similar features. Looking back, I should’ve gone all-in on marketing during the initial hype and focused on rapidly launching the mobile app. But hindsight is 20/20. 'Understanding your user' helps but what if it's not what you want? I thought I was pretty good at collecting user feedback. I added feedback buttons everywhere in the app and made changes based on what users said. But most of these changes were incremental improvements—not the kind of big updates that spark excitement. Also, my primary users were from Japan and Indonesia, but I’m neither Japanese nor Indonesian. That made it hard to connect with users on social media in an authentic way. And in my opinion, AI translations can only go so far—they lack the human touch and cultural nuance that builds trust. But honestly I'm not sure if the thought is correct to assume that they will not get touched if they recognize you are a foreigner...... Many of my Japanese users were working professionals preparing for the TOEIC exam. I didn’t design any features specifically for that; instead, I aimed to build a general-purpose English-learning tool since I dream to expand it to other markets someday. While there’s nothing wrong with this idealistic approach, it didn’t give users enough reasons to pay for the app. Should You Go Full-Time? From what I read, a lot of successful indie developers started part-time, building traction before quitting their jobs. But for me, I jumped straight into full-time mode, which worked for my lifestyle but might’ve hurt my productivity. I value work-life balance and refused to sacrifice everything for the startup. The reason I chose to leave the corp is I want to escape the 996 toxic working environment in China's internet companies. So even during my most stressful periods, I made time to watch TV with my partner and take weekends off. Anyways, if you’re also building something or thinking about starting a business, I hope my story helps. If I have other thoughts later, I will add them too. Appreciate any advice.

I realized that AI will create equal footing for non-technical / non-coders compared to coders

Hey fellow entrepreneurs, I started my current entrepreneurial journey following the advice to “build something that solves a problem you have.” As a coder, I wanted to code faster/better/stronger/etc. So I tried out dozens of AI coding tools to see the state of the market.  I took the best components I saw and started making my own flavor of tool, but sort of shelved it because as a coder I felt that the results were a bit alien (such as getting the AI to follow my code style, write idiomatic code, or refactor the same way I would.) I concluded that building AI coding tools for coders is tricky because as coders we’re so particular about the specifics of our code. Meanwhile, my absolutely non-technical friend was hitting me up to help him build a website for a new real-estate company that he’s launching, and he wanted my help. I really respect his hustle, but I was swamped trying to figure out my own product/market, so I told him he could use my AI coder and I would try to help out when he got stuck. He didn’t get stuck though, not once, and he launched his site over the weekend. I was truly shocked he did it all on his own, so I asked him to share his logs. It was wild – he managed to code a more or less state of the art website (good design, SEO, well-structured source code, Google Analytics, mailing lists. etc.) with absolutely no help. It cost him less than $100 in AI credits, instead of the price quotes of $20,000 - $50,000 from freelancers and agencies. Now I’m seriously pursuing AI coding tools again, but this time with a new passion: AI for non-coder / non-technical people is a 100x game changer. I think 2025 is going to be the year of the entrepreneur, where there will be a hundred times the businesses started because what held people back before was the lack of a technical co-founder or the cash to compensate engineers. Now it costs next to nothing to get started. I’m curious if anyone else has had a similar realization? Anyway, I’ve put the link below to my GitHub if you want to try it (open source, you pay for AI credits). But the main reason for my post is that I feel like I’m living in this new world of realization that being a human on earth is going to get a LOT more interesting in the coming years. There’s literally no excuse to take a job you hate, and nothing stopping people from launching a business. For anyone interested in checking it out or providing feedback you can search for kodu ai on github or kodu ai on google Best of luck to everyone on your entrepreneurial journey! P.s not sure if this is the right flair

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

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

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.

Why the value of writing code and other digital services is going to zero

I must preface this with a trigger warning because I make some statements in this post that might be upsetting to some. This post discusses my experience building in the new era of entrepreneurship, which is one where the founder is the center of the universe, and the consultants, overpriced SaaS, and corporate swamp creatures are replaced by single-user custom software, bots, and self-hosted automations. If you work in the legacy economy, I really don't intend to stress you out or say things you are doing are quickly becoming irrelevant, but I must share the reality of how I am operating, because I would like to hear from others who are doing the same, or desire to do the same. I am currently operating with the belief that AI-powered tools are going to make 1-person million dollar businesses much more common. Building anything digital is becoming extremely easy, cheap, and quick to implement. The value of code and digital tools is approaching zero, or at most 5% of what it currently is. Right now, the most powerful AI tools are aimed at developers, so folks who have some technical and business ability basically have nothing holding them back aside from the speed of their brain right now. I happen to be a part of the cohort, and am building like there is no tomorrow, but I don't believe this cohort is actually all that big. The next hurdle to unlock the new era of entrepreneurship is empowering every entrepreneur to build at the same pace that is currently locked behind having technical ability. This cohort is huge (millions, if the number of people in this sub is any indication). This post is aimed at them (you?). If you are part of this cohort, what is holding you back from launching a new product for near-zero cost? What is too complicated, too expensive, too unknown for you to be able to build your new/current business at maximum speed? I look forward to seeing the replies, I hope some insights shared can help the community, and be a catalyst for more tools to enable non-technical founders to launch. I will now share some of how I am testing, launching, and selling as a one-man-show. This will be a little bit technical, but if the output of any layer of my stack is something you want, please comment because maybe someone will build a cheap way of accessing it without needing to manage the code yourself. \#1 BOTS I cannot overstate how much leverage bots have created for me. I run all of my bots locally and interface with with via Telegram. Bots do things like: \- watch social media pages, forums, subreddits, etc related to my customers and notify me of what is going on, and suggest SEO blog posts that could be published to capture traffic related to the topic. with a single message, my bot will generate a blog post, send it to me for review, apply edits i suggest, and then publish it live, all from within telegram \- pay attention to all my key metrics/analytics, and attempt to find insights/corrolations (ex. there is a lot of traffic on this page, blog post, video, etc. here's why, and how we can take advantage of it to drive business goals) \- repurposing content. i have dozens of social media profiles that are 100% run by bots, they are all related to my customer niches and will do things like post news, snippets from my blogs, interact with human creators in the niche, etc. this builds my audience automatically which I can then advertise to/try to convert into paying customers, since they are interested in the things my bot is posting and become followers, it's like automated qualified lead gen 24/7 across every social platform and every niche I care about. you may be thinking by now that this post is made by a bot, but you will have to trust me that this is 100% hand-written by my sleep-deprived brain. let's continue: \#2 replacing every SaaS with a shitty version of it designed for what i need out of it it's absurd that we pay ten's of dollars per seat per month for basic digital functions like chat (slack), CRM (active camppaign, sales force, hubspot, etc), email stuff (mailchip, etc), link sharing (linktree, etc), website builders (wix, squarespace, etc), etc. all of these SaaS tools are overpriced and overbuilt. I believe many of them are going to be caught in the innovators dilemma and will go to 0. I don't use any of these anymore, I build and self-host my own shitty version of each of them that does only what i need out of the tool. for example, my CRM doesn't have a fancy drag and drop email builder and 10000 3rd party plugins, because i dont need any of that shit I just need to segment and communicate with my customers. if i need more features, i can generate them on the fly. \#3 working alone I have worked with cofounders in the past, raised money from investors, hired consultants, burned money and time, suffered sleepless nights from stress caused by other people not delivering, trying to convince others they are wrong, or they are pushing the company off a cliff, waste waste waste. no more of that. In the new age of entrepreneurship, the BUILDER (you and I) are the ones creating the value, and AI empowers us to do it alone. this might seem daunting, but there is no business problem that can't be solved with a detailed discussion sesh with chatgpt, no facts that can't be found with perplexity, and no task that can't be automated with claude. there is no need for anymore swamp creatures. you are the start and the end point, you don't need to rely on anyone else for anything. this may sound ignorant, but this is the conclusion I have come to believe, and it continues to be proven every day my businesses progress with me being the only human involved. This is getting quite long so I'll cut it here. I look forward to hearing about how you are operating in this new era and hopefully getting inspired/learning some new ideas to add to my current stack.

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

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

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

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

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

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

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

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

The AI Tool Flood Is Getting Out of Control—How Do You Keep Up?

AI tools are launching at an insane pace. Some are genuinely useful, but a lot are just overhyped distractions. As an entrepreneur, I know AI can be a game-changer for automation, marketing, and productivity, but I don’t have time to test every new tool that pops up. Recently, I found a site called AEye Tools that ranks AI tools in real time. It lets you compare and filter tools across different categories like content creation, automation, and research. It also updates constantly since people can submit new tools. I’m curious—what’s the most useful AI tool you’ve found for your business? Or what kind of AI tool do you wish existed but haven’t seen yet? Let’s help each other cut through the noise.

Automating dev processes with AI tools?

Hey all! Just wanted to know if any of you would recommend any set of AI tools to streamline the development process of launching apps fast. I’m 5 years into web development and am now a project manager, but we mostly do complex software for big clients (those that you work on for about 6 months to a year with a small team) and feel kind of left-out on not using ai tools (we only use cursor). I often have ideas for smaller apps and want to make the whole process more agile and quick for deployment for myself. Interested in building some microsaas. I read a guy that did replit for mvp and exported the code when he had a couple users into his cursor ide locally. I have tested bolt.new and i know how to make openai/chatgpt agents and such, but was wondering how any of you, if any, are doing it? V0 or lovable for UI? Exporting the code? Using supabase or a local db? Do you recycle a next.js boilerplate? What other Saas do you use for streamlining the process? Thanks in advance for any advice guys. I just want to launch a couple of ideas I have quickly.

How to increase the sales of my book

In just 3 months, it generated over $100 in revenue. I wanted to share my journey for two reasons: to potentially assist others in self-publishing their own books and to receive feedback to enhance my marketing strategy. I envision that there are others facing similar challenges. Let's dive into the financials, time spent, Key takeaways and the Challenges to address behind this product. Finances First, let's take a look at the financial overview. 💳 Expenses 🔹 E-book creation: · Book cover: $ 0. I used Adobe Express with 30 days of free trial. · ChatGPT: 20 $ a month. I leveraged AI to generate the chapters of the book, ensuring that no critical topics were overlooked during the content creation process and to refine the English, as it's not my native language. I also used to help me with copywriting of the web. If anyone is interested, I can share my Python code for outlining the chapters calling the API, but you can also directly ask chatgpt. · Kindle KDP (Kindle Direct Publishing): order author copies: 10 $. 🔹 Web creation: Domain: I got a com) / .org /.net domain for just 1 $ the first year. Carrd.co subscription: 19 $ (1 year) 🔹 Marketing: Promoted post on reddit: $30 Paid ads with google ads: $30 💰 Revenue 🔸 Sales: $102 💸 Net Profit: \~- $ 18 I initially thought the sales for this e-book would be quite modest, maybe only 3 or 4 books. However, the fact that I've sold more than that so far is a pleasant surprise. Even though the overall numbers may still be considered "peanuts" in the grand scheme of book sales, it suggests there could be more demand for content on digital asset custody than I had originally anticipated. This is a good learning experience, and I'll look to refine my marketing approach to see if I can reach a wider audience interested in this topic 🔹 Time Spent Next, let's review the time invested. 📖 Writing the e-book: 40 hours 🌍 Website + Stripe integration: 10 hours 📣 Creating promotional content: 10 hours ⏱️ Additional marketing efforts: 5 hours Total time spent: 65 hours As you can see, I dedicated more time to writing the e-book itself than to marketing and distribution. I spent relevant time to marketing because I though that a successful product launch requires a robust marketing effort. Many e-book authors overlook this crucial aspect! I utilized three sales channels: · Amazon: I found that there were no books specifically about digital asset custody, resulting in strong positioning in Amazon searches. Additionally, my book immediately secured the top position in Google searches for "digital asset custody book." However, despite achieving 50% of sales in the UK, I have not received any reviews globally. Sales distribution for this channel: 20% physical book, 80% ebook. · Twitter: Daniel\_ZZ80. With only 46 followers, the performance on this platform has not been optimal. I am beginning to write posts related to digital assets to increase visibility. · Gumroad: Lockeyyy.gumroad.com. I offered a discounted version of the ebook, but have not yet made any sales through this channel. Key takeaways: · The process of creating this e-book was extremely fulfilling, and while it has garnered overwhelmingly positive feedback from friends and colleagues (not considered as sales), it has yet to receive any Amazon reviews ☹. · Kindle KDP proved to be ideal for a rapid go-to-market strategy. · AI is an excellent tool for generating ideas and providing access to global audiences with perfect grammar. Otherwise, I would need to hire a translator, which can be very expensive. · Despite offering a full 30-day money-back guarantee, leading me to believe that the quality of the content is indeed good. · I have gained valuable insights for future technical books. · Although the current financial balance may be negative, I anticipate reaching the break-even point within one month, and this has now become a passive income stream. However, I recognize the need to regularly update the content due to the rapidly changing nature of this field. Challenges to address: · Is the timing for launching this book appropriate? In other words, is the world of digital asset custody a trendy and interesting topic for the audience? · What is causing the lack of sales through Gumroad? · Should I seek assistance as my marketing efforts have not yielded results? · Why are there no reviews on Amazon? · Why are sales primarily concentrated in the EU with only one sale in the US, which is my main target market? Feedback is appreciated. If you're interested in learning more about my approach, feel free to send me a direct message. A bit about my background: After dedicating my entire career to the banking industry, I explored various side projects. As an IT professional, I have now transitioned into the digital asset realm. After three years of intensive study, I recently published my first book on digital asset custody. I hope you found this post informative. Cheers! P.S.: I'm currently in the process of launching two more books using this system. 😊

Is SaaS Done?

Other day I was talking to one of the leaders in Office, He said "SAAS IS DY!NG THANKS TO AI". I found this fascinating & started digging on this, I was already part of communities like Build in Public, NoCode Builders & Others. I think he was right. I saw a significant raise in the AI Tools, what other call it 'AI Wrapper Startups' I explored many tools, then I realise why don't we capitalise this opportunity. I found out it is the marketers who needs to be aware of these & if you don't embrace these tools you will end up losing to someone with minimum experience with marketing but good hands on experience with the tools. If these tools keep up the same phase then you have both challenges & opportunities which I've listed it down in the post pros & cons. I think we need to embrace these tools are else we will be left behind. All these things are about marketers but what about the people who want to become solopreneurs or people like Pieter Levels who just want to create something useful get money either by selling or running multiple projects at once. Whatever I've studied & learnt. I came up with something called "The SaaS Marketing Innovation Cycle". The SaaS Marketing Innovation Cycle : Will have six easy steps. Empowering with No-code : Decide what is the problem you are planing to solve & understand which is No-code tool can help you with solution. Some tools will have steep learning curve, become expert on those tools. Integrate Automation AI : This is very crucial for your tool & make sure you have build a tool which will integrates easily with most of the platforms. Build Custom Solution : Right now the whole industry of Micro SaaS stands on building custom solutions, catering your audience is the best way to go for it. Launching MVPs : Because you have no-code tools it is easier to deploy MVPs than ever before & you can build multiple tools at once. Adapt & Grow : This is about the business take feedback from customer add new feature remove few yada yada. Leverage the Growth : Here it is important you have learn to build communities out these tools. if you come up with any new ideas there is always a group of people, who will be able adapt & give you the feedback to improve. Conclusion : Either build something or adapt something quicker when that has built. What do you think Folks ??

How to increase the sales of my book

In just 3 months, it generated over $100 in revenue. I wanted to share my journey for two reasons: to potentially assist others in self-publishing their own books and to receive feedback to enhance my marketing strategy. I envision that there are others facing similar challenges. Let's dive into the financials, time spent, Key takeaways and the Challenges to address behind this product. Finances First, let's take a look at the financial overview. 💳 Expenses 🔹 E-book creation: · Book cover: $ 0. I used Adobe Express with 30 days of free trial. · ChatGPT: 20 $ a month. I leveraged AI to generate the chapters of the book, ensuring that no critical topics were overlooked during the content creation process and to refine the English, as it's not my native language. I also used to help me with copywriting of the web. If anyone is interested, I can share my Python code for outlining the chapters calling the API, but you can also directly ask chatgpt. · Kindle KDP (Kindle Direct Publishing): order author copies: 10 $. 🔹 Web creation: Domain: I got a com) / .org /.net domain for just 1 $ the first year. Carrd.co subscription: 19 $ (1 year) 🔹 Marketing: Promoted post on reddit: $30 Paid ads with google ads: $30 💰 Revenue 🔸 Sales: $102 💸 Net Profit: \~- $ 18 I initially thought the sales for this e-book would be quite modest, maybe only 3 or 4 books. However, the fact that I've sold more than that so far is a pleasant surprise. Even though the overall numbers may still be considered "peanuts" in the grand scheme of book sales, it suggests there could be more demand for content on digital asset custody than I had originally anticipated. This is a good learning experience, and I'll look to refine my marketing approach to see if I can reach a wider audience interested in this topic 🔹 Time Spent Next, let's review the time invested. 📖 Writing the e-book: 40 hours 🌍 Website + Stripe integration: 10 hours 📣 Creating promotional content: 10 hours ⏱️ Additional marketing efforts: 5 hours Total time spent: 65 hours As you can see, I dedicated more time to writing the e-book itself than to marketing and distribution. I spent relevant time to marketing because I though that a successful product launch requires a robust marketing effort. Many e-book authors overlook this crucial aspect! I utilized three sales channels: · Amazon: I found that there were no books specifically about digital asset custody, resulting in strong positioning in Amazon searches. Additionally, my book immediately secured the top position in Google searches for "digital asset custody book." However, despite achieving 50% of sales in the UK, I have not received any reviews globally. Sales distribution for this channel: 20% physical book, 80% ebook. · Twitter: Daniel\_ZZ80. With only 46 followers, the performance on this platform has not been optimal. I am beginning to write posts related to digital assets to increase visibility. · Gumroad: Lockeyyy.gumroad.com. I offered a discounted version of the ebook, but have not yet made any sales through this channel. Key takeaways: · The process of creating this e-book was extremely fulfilling, and while it has garnered overwhelmingly positive feedback from friends and colleagues (not considered as sales), it has yet to receive any Amazon reviews ☹. · Kindle KDP proved to be ideal for a rapid go-to-market strategy. · AI is an excellent tool for generating ideas and providing access to global audiences with perfect grammar. Otherwise, I would need to hire a translator, which can be very expensive. · Despite offering a full 30-day money-back guarantee, leading me to believe that the quality of the content is indeed good. · I have gained valuable insights for future technical books. · Although the current financial balance may be negative, I anticipate reaching the break-even point within one month, and this has now become a passive income stream. However, I recognize the need to regularly update the content due to the rapidly changing nature of this field. Challenges to address: · Is the timing for launching this book appropriate? In other words, is the world of digital asset custody a trendy and interesting topic for the audience? · What is causing the lack of sales through Gumroad? · Should I seek assistance as my marketing efforts have not yielded results? · Why are there no reviews on Amazon? · Why are sales primarily concentrated in the EU with only one sale in the US, which is my main target market? Feedback is appreciated. If you're interested in learning more about my approach, feel free to send me a direct message. A bit about my background: After dedicating my entire career to the banking industry, I explored various side projects. As an IT professional, I have now transitioned into the digital asset realm. After three years of intensive study, I recently published my first book on digital asset custody. I hope you found this post informative. Cheers! P.S.: I'm currently in the process of launching two more books using this system. 😊

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!

I wanna sell access to business ideas extracted from real life problems and discussions

How cool would it be if there was a hub for aspirant entrepreneurs to buy a shortcut for high demand business ideas, or sometimes high demand unsolved business problems? It’s stupid to ask AI to generate business idea, but it’s certainly possible to ask for an analysis over discussions. I built a webscraper that’s fetching over several forums looking for 100% public information, including Reddit, extracting business ideas from people discussing about real life situations, or simply problems. Many entrepreneurs find they niche business ideas by reading Reddit and interpreting what the post and comments mean. So instead of generating business opportunities using AI, I’m extracting them from conversations that people usually suggest to each other and could easily turn into a company or business, but people are busy and end up screwing up in their own solutions and never consider launching them.

AI-Powered Tool to Detect and Mask PII in Documents

Hi, everyone! 👋 I’ve been working on an idea for an application that could be a game-changer for data privacy and compliance: The Concept Imagine an app where users can upload a PDF or DOC/DOCX file, and with the power of AI, it scans the document for Personally Identifiable Information (PII). Once identified, the app automatically masks (censors) all the PII and generates a new, sanitized version of the document. Why This Matters In today’s data-driven world, sharing documents is routine, but protecting sensitive information is critical. Businesses, freelancers, and even everyday users often need to redact PII for privacy reasons or compliance with regulations like GDPR, HIPAA, or CCPA. Current Challenges: Manual redaction is time-consuming and error-prone. The Solution: This app ensures quick, accurate, and automated PII redaction, saving time while enhancing data security. Potential Features File Support: PDF, DOC/DOCX, and maybe more formats in the future. AI-Powered Detection: Identify PII such as names, addresses, phone numbers, SSNs, and email addresses. Customization: Users could define additional sensitive terms to be masked. Audit Logs: For compliance, generate a report of what was redacted. Integration: Plug into cloud storage services like Google Drive or Dropbox for seamless workflows. My Questions for the Community Use Cases: What industries or professionals do you think would benefit most from this? Features: Are there additional features or considerations I’m overlooking? Competition: Do you know of similar tools already on the market, and how could this app differentiate itself? Challenges: What technical or market challenges should I anticipate when building and launching this product? I’d love to hear your thoughts, feedback, or ideas for collaboration. If you’re interested in discussing this further, let me know! Thanks in advance for your time and input.

Is SaaS Done?

Other day I was talking to one of the leaders in Office, He said "SAAS IS DY!NG THANKS TO AI". I found this fascinating & started digging on this, I was already part of communities like Build in Public, NoCode Builders & Others. I think he was right. I saw a significant raise in the AI Tools, what other call it 'AI Wrapper Startups' I explored many tools, then I realise why don't we capitalise this opportunity. I found out it is the marketers who needs to be aware of these & if you don't embrace these tools you will end up losing to someone with minimum experience with marketing but good hands on experience with the tools. If these tools keep up the same phase then you have both challenges & opportunities which I've listed it down in the post pros & cons. I think we need to embrace these tools are else we will be left behind. All these things are about marketers but what about the people who want to become solopreneurs or people like Pieter Levels who just want to create something useful get money either by selling or running multiple projects at once. Whatever I've studied & learnt. I came up with something called "The SaaS Marketing Innovation Cycle". The SaaS Marketing Innovation Cycle : Will have six easy steps. Empowering with No-code : Decide what is the problem you are planing to solve & understand which is No-code tool can help you with solution. Some tools will have steep learning curve, become expert on those tools. Integrate Automation AI : This is very crucial for your tool & make sure you have build a tool which will integrates easily with most of the platforms. Build Custom Solution : Right now the whole industry of Micro SaaS stands on building custom solutions, catering your audience is the best way to go for it. Launching MVPs : Because you have no-code tools it is easier to deploy MVPs than ever before & you can build multiple tools at once. Adapt & Grow : This is about the business take feedback from customer add new feature remove few yada yada. Leverage the Growth : Here it is important you have learn to build communities out these tools. if you come up with any new ideas there is always a group of people, who will be able adapt & give you the feedback to improve. Conclusion : Either build something or adapt something quicker when that has built. What do you think Folks ??

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

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

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

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

Is SaaS Done?

Other day I was talking to one of the leaders in Office, He said "SAAS IS DY!NG THANKS TO AI". I found this fascinating & started digging on this, I was already part of communities like Build in Public, NoCode Builders & Others. I think he was right. I saw a significant raise in the AI Tools, what other call it 'AI Wrapper Startups' I explored many tools, then I realise why don't we capitalise this opportunity. I found out it is the marketers who needs to be aware of these & if you don't embrace these tools you will end up losing to someone with minimum experience with marketing but good hands on experience with the tools. If these tools keep up the same phase then you have both challenges & opportunities which I've listed it down in the post pros & cons. I think we need to embrace these tools are else we will be left behind. All these things are about marketers but what about the people who want to become solopreneurs or people like Pieter Levels who just want to create something useful get money either by selling or running multiple projects at once. Whatever I've studied & learnt. I came up with something called "The SaaS Marketing Innovation Cycle". The SaaS Marketing Innovation Cycle : Will have six easy steps. Empowering with No-code : Decide what is the problem you are planing to solve & understand which is No-code tool can help you with solution. Some tools will have steep learning curve, become expert on those tools. Integrate Automation AI : This is very crucial for your tool & make sure you have build a tool which will integrates easily with most of the platforms. Build Custom Solution : Right now the whole industry of Micro SaaS stands on building custom solutions, catering your audience is the best way to go for it. Launching MVPs : Because you have no-code tools it is easier to deploy MVPs than ever before & you can build multiple tools at once. Adapt & Grow : This is about the business take feedback from customer add new feature remove few yada yada. Leverage the Growth : Here it is important you have learn to build communities out these tools. if you come up with any new ideas there is always a group of people, who will be able adapt & give you the feedback to improve. Conclusion : Either build something or adapt something quicker when that has built. What do you think Folks ??

AI-Powered Tool to Detect and Mask PII in Documents

Hi, everyone! 👋 I’ve been working on an idea for an application that could be a game-changer for data privacy and compliance: The Concept Imagine an app where users can upload a PDF or DOC/DOCX file, and with the power of AI, it scans the document for Personally Identifiable Information (PII). Once identified, the app automatically masks (censors) all the PII and generates a new, sanitized version of the document. Why This Matters In today’s data-driven world, sharing documents is routine, but protecting sensitive information is critical. Businesses, freelancers, and even everyday users often need to redact PII for privacy reasons or compliance with regulations like GDPR, HIPAA, or CCPA. Current Challenges: Manual redaction is time-consuming and error-prone. The Solution: This app ensures quick, accurate, and automated PII redaction, saving time while enhancing data security. Potential Features File Support: PDF, DOC/DOCX, and maybe more formats in the future. AI-Powered Detection: Identify PII such as names, addresses, phone numbers, SSNs, and email addresses. Customization: Users could define additional sensitive terms to be masked. Audit Logs: For compliance, generate a report of what was redacted. Integration: Plug into cloud storage services like Google Drive or Dropbox for seamless workflows. My Questions for the Community Use Cases: What industries or professionals do you think would benefit most from this? Features: Are there additional features or considerations I’m overlooking? Competition: Do you know of similar tools already on the market, and how could this app differentiate itself? Challenges: What technical or market challenges should I anticipate when building and launching this product? I’d love to hear your thoughts, feedback, or ideas for collaboration. If you’re interested in discussing this further, let me know! Thanks in advance for your time and input.

TiCs -where innovation meets intelligence

Be Part of India’s AI Revolution – Join the TiCs Movement! We are TiCs (Tuba International Cooperative Society)—India’s first global AI powerhouse. We’re not just building a company; we’re launching a movement that will redefine AI-driven healthcare, fitness, and well-being. Through our brands WellNest (AI-powered health ecosystem) and Zenova (next-gen smart wearables), we are pioneering a future where technology truly understands and enhances human health. Why Are We Calling You? We’re assembling a community of passionate minds—AI enthusiasts, developers, designers, innovators, and problem-solvers—who want to be part of something bigger. This is NOT an internship. This is NOT a job. This is a mission to build the future of health-tech. What’s in It for You? ✅ Work on groundbreaking AI & LLM projects that solve real-world healthcare problems ✅ Hands-on experience in AI, ML, IoT, and smart wearables ✅ Mentorship & learning opportunities from top AI leaders ✅ Exclusive perks like health, wellness, and gym packages ✅ Recognition & growth opportunities—top contributors will be given leadership roles as we scale ✅ Certificates & endorsements to showcase your contributions ✅ Opportunity to be part of a global AI-led revolution in healthcare & fitness ✅ Network with like-minded innovators, entrepreneurs, and industry pioneers ✅ Early access to WellNest & Zenova products and AI-driven health plans ✅ Possibility of paid roles & equity-based opportunities for the most dedicated members Who Should Join? Students & fresh graduates eager to apply their skills AI & tech enthusiasts passionate about real-world innovation Developers, designers, and creators who want to build something impactful Anyone who believes in the power of AI for good and wants to contribute This is More Than Just a Tech Project We’re building an AI-powered health revolution. If you want to be part of something that changes lives, breaks barriers, and creates real impact, this is your chance. Movements aren’t built by employees—they are led by believers. If you believe in the power of AI to transform health, join us and let’s build the future together!

vector-vein

English | 简体中文 | 日本語 🔀 VectorVein Build your automation workflow with the power of AI and your personal knowledge base. Create powerful workflows with just drag and drop, without any programming. VectorVein is a no-code AI workflow software inspired by LangChain and langflow, designed to combine the powerful capabilities of large language models and enable users to easily achieve intelligent and automated workflows for various daily tasks. 🌐 Online Experience You can experience VectorVein's online version here, with no need to download or install. Official website Online Documentation 📦 Installation and Configuration Installation After downloading VectorVein from Release, the program will create a "data" folder in the installation directory to store the database and static file resources. VectorVein is built using pywebview, based on the webview2 kernel, so you need to install the webview2 runtime. If the software cannot be opened, you may need to download the webview2 runtime manually from https://developer.microsoft.com/en-us/microsoft-edge/webview2/ [!IMPORTANT] If the software cannot be opened after decompression, please check if the downloaded compressed package .zip file is locked. You can solve this problem by right-clicking the compressed package and selecting "Unblock". Configuration Most workflows and agents in the software involve the use of AI large language models, so you should at least provide a usable configuration for a large language model. For workflows, you can see which large language models are being used in the interface, as shown in the image below. !LLM used in workflow API Endpoint Configuration Starting from v0.2.10, VectorVein separates API endpoints and large language model configurations, allowing multiple API endpoints for the same large language model. !API Endpoint Configuration After the software opens normally, click the open settings button, and you can configure the information for each API endpoint as needed, or add custom API endpoints. Currently, the API endpoints support OpenAI-compatible interfaces, which can be connected to locally running services such as LM-Studio, Ollama, vLLM, etc. The API Base for LM-Studio is typically http://localhost:1234/v1/ The API Base for Ollama is typically http://localhost:11434/v1/ Remote Large Language Model Interface Configuration Please configure the specific information for each model in the Remote LLMs tab. !LLM Settings Click on any model to set its specific configuration, as shown below. !LLM Settings The Model Key is the standard name of the large model and generally does not need to be adjusted. The Model ID is the name used during actual deployment, which usually matches the Model Key. However, in deployments like Azure OpenAI, the Model ID is user-defined and therefore needs to be adjusted according to the actual situation. Since the model IDs from different providers for the same model may vary, you can click the Edit button to configure the specific model ID under this endpoint, as shown in the figure below. !Endpoint Model ID Configuration Custom Large Language Model Interface Configuration If using a custom large language model, fill in the custom model configuration information on the Custom LLMs tab. Currently, interfaces compatible with OpenAI are supported, such as LM-Studio, Ollama, vLLM, etc. !Custom LLM Settings First, add a custom model family, then add a custom model. Don't forget to click the Save Settings button. Speech Recognition Configuration Currently, the speech recognition services of OpenAI/Deepgram are supported. For OpenAI services, you can use the same configuration as the large language model or set up a speech recognition service compatible with the OpenAI API (such as Groq). !Speech Recognition Configuration Embedding Configuration When you need to perform vector searches using vector data, you have the option to use embedding services provided by OpenAI or configure local embedding services in the Embedding Model settings. Currently, supported local embedding services require you to set up text-embeddings-inference yourself. !Local Embedding Settings Shortcut Settings For ease of daily use, you can configure shortcuts to quickly initiate voice conversations with the Agent. By launching through the shortcut, you can directly interact with the Agent via speech recognition. It is important to ensure that the speech recognition service is correctly configured beforehand. Include Screenshot means that while starting the conversation, a screenshot of the screen will be taken and uploaded as an attachment to the conversation. !Shortcut Settings Notes About the local Stable Diffusion API To use your own local Stable Diffusion API, you need to add the parameter --api to the startup item of webui-user.bat, that is 💻 Usage 📖 Basic Concepts A workflow represents a work task process, including input, output, and how input is processed to reach the output result. Examples: Translation Workflow: The input is an English Word document, and the output is also a Word document. You can design a workflow to translate the input Chinese document and generate a Chinese document output. Mind Map Workflow: If the output of the translation workflow is changed to a mind map, you can get a workflow that reads an English Word document and summarizes it into a Chinese mind map. Web Article Summary Workflow: If the input of the mind map workflow is changed to a URL of a web article, you can get a workflow that reads a web article and summarizes it into a Chinese mind map. Automatic Classification of Customer Complaints Workflow: The input is a table containing complaint content, and you can customize the keywords that need to be classified, so that the complaints can be automatically classified. The output is an automatically generated Excel table containing the classification results. 🔎 User Interface Each workflow has a User Interface and an Editor Interface. The user interface is used for daily workflow operations, and the editor interface is used for workflow editing. Usually, after designing a workflow, you only need to run it in the user interface and do not need to modify it in the editor interface. !User Interface The user interface is shown above and is divided into three parts: input, output, and trigger (usually a run button). You can directly enter content for daily use, click the run button to see the output result. To view the executed workflow, click Workflow Run Records, as shown in the following figure. !Workflow Run Records ✏️ Creating a Workflow You can add our official templates to your workflow or create a new one. It is recommended to familiarize yourself with the use of workflows using official templates at the beginning. !Workflow Editor Interface The workflow editor interface is shown above. You can edit the name, tags, and detailed description at the top. The left side is the node list of the workflow, and the right is the canvas of the workflow. You can drag the desired node from the left side to the canvas, and then connect the node through the wire to form a workflow. You can view a tutorial on creating a simple crawler + AI summary mind map workflow here. You can also try this online interactive tutorial. 🛠️ Development and Deployment Environment Requirements Backend Python 3.8 ~ Python 3.11 PDM installed Frontend Vue3 Vite Project Development Copy and modify backend/.env.example to .env file, this is the basic environment variable information, which will be used during development and packaging. Run the following command in the backend directory to install dependencies: Windows Mac Normally, PDM will automatically find the system's Python and create a virtual environment and install dependencies. After installation, run the following command to start the backend development server and see the running effect: If you need to modify the frontend code, you need to run the following command in the frontend directory to install dependencies: When pulling the project code for the first time, you also need to run pnpm install to install the front-end dependencies. If you don't need to develop any front-end code at all, you can directly copy the web folder from the release version into the backend folder. After the frontend dependencies are installed, you need to compile the frontend code into the static file directory of the backend. A shortcut instruction has been provided in the project. Run the following command in the backend directory to pack and copy the frontend resources: Database Structure Changes [!WARNING] Before making changes to the database structure, please back up your database (located at my_database.db in your configured data directory), otherwise you may lose data. If you have modified the model structure in backend/models, you need to run the following commands in the backend directory to update the database structure: First, enter the Python environment: After the operation, a new migration file will be generated in the backend/migrations directory, with the filename format xxxmigrationname.py. It is recommended to check the content of the migration file first to ensure it is correct, and then restart the main program. The main program will automatically execute the migration. Software Packaging The project uses pyinstaller for packaging. Run the following command in the backend directory to package it into an executable file: After packaging, the executable file will be generated in thebackend/dist directory. 📄 License VectorVein is an open-source software that supports personal non-commercial use. Please refer to LICENSE for specific agreements.

awesome-quantum-machine-learning

Awesome Quantum Machine Learning A curated list of awesome quantum machine learning algorithms,study materials,libraries and software (by language). Table of Contents INTRODUCTION Why Quantum Machine Learning? BASICS What is Quantum Mechanics? What is Quantum Computing? What is Topological Quantum Computing? Quantum Computing vs Classical Computing QUANTUM COMPUTING Atom Structure Photon wave Electron Fluctuation or spin States SuperPosition SuperPosition specific for machine learning(Quantum Walks) Classical Bit Quantum Bit or Qubit or Qbit Basic Gates in Quantum Computing Quantum Diode Quantum Transistor Quantum Processor Quantum Registery QRAM Quantum Entanglement QUANTUM COMPUTING MACHINE LEARNING BRIDGE Complex Numbers Tensors Tensors Network Oracle Hadamard transform Hilbert Space eigenvalues and eigenvectors Schr¨odinger Operators Quantum lambda calculus Quantum Amplitute Phase Qubits Encode and Decode convert classical bit to qubit Quantum Dirac and Kets Quantum Complexity Arbitrary State Generation QUANTUM ALGORITHMS Quantum Fourier Transform Variational-Quantum-Eigensolver Grovers Algorithm Shor's algorithm Hamiltonian Oracle Model Bernstein-Vazirani Algorithm Simon’s Algorithm Deutsch-Jozsa Algorithm Gradient Descent Phase Estimation Haar Tansform Quantum Ridgelet Transform Quantum NP Problem QUANTUM MACHINE LEARNING ALGORITHMS Quantum K-Nearest Neighbour Quantum K-Means Quantum Fuzzy C-Means Quantum Support Vector Machine Quantum Genetic Algorithm Quantum Hidden Morkov Models Quantum state classification with Bayesian methods Quantum Ant Colony Optimization Quantum Cellular Automata Quantum Classification using Principle Component Analysis Quantum Inspired Evolutionary Algorithm Quantum Approximate Optimization Algorithm Quantum Elephant Herding Optimization Quantum-behaved Particle Swarm Optimization Quantum Annealing Expectation-Maximization QAUNTUM NEURAL NETWORK Quantum perceptrons Qurons Quantum Auto Encoder Quantum Annealing Photonic Implementation of Quantum Neural Network Quantum Feed Forward Neural Network Quantum Boltzman Neural Network Quantum Neural Net Weight Storage Quantum Upside Down Neural Net Quantum Hamiltonian Neural Net QANN QPN SAL Quantum Hamiltonian Learning Compressed Quantum Hamiltonian Learning QAUNTUM STATISTICAL DATA ANALYSIS Quantum Probability Theory Kolmogorovian Theory Quantum Measurement Problem Intuitionistic Logic Heyting Algebra Quantum Filtering Paradoxes Quantum Stochastic Process Double Negation Quantum Stochastic Calculus Hamiltonian Calculus Quantum Ito's Formula Quantum Stochastic Differential Equations(QSDE) Quantum Stochastic Integration Itō Integral Quasiprobability Distributions Quantum Wiener Processes Quantum Statistical Ensemble Quantum Density Operator or Density Matrix Gibbs Canonical Ensemble Quantum Mean Quantum Variance Envariance Polynomial Optimization Quadratic Unconstrained Binary Optimization Quantum Gradient Descent Quantum Based Newton's Method for Constrained Optimization Quantum Based Newton's Method for UnConstrained Optimization Quantum Ensemble Quantum Topology Quantum Topological Data Analysis Quantum Bayesian Hypothesis Quantum Statistical Decision Theory Quantum Minimax Theorem Quantum Hunt-Stein Theorem Quantum Locally Asymptotic Normality Quantum Ising Model Quantum Metropolis Sampling Quantum Monte Carlo Approximation Quantum Bootstrapping Quantum Bootstrap Aggregation Quantum Decision Tree Classifier Quantum Outlier Detection Cholesky-Decomposition for Quantum Chemistry Quantum Statistical Inference Asymptotic Quantum Statistical Inference Quantum Gaussian Mixture Modal Quantum t-design Quantum Central Limit Theorem Quantum Hypothesis Testing Quantum Chi-squared and Goodness of Fit Testing Quantum Estimation Theory Quantum Way of Linear Regression Asymptotic Properties of Quantum Outlier Detection in Quantum Concepts QAUNTUM ARTIFICIAL INTELLIGENCE Heuristic Quantum Mechanics Consistent Quantum Reasoning Quantum Reinforcement Learning QAUNTUM COMPUTER VISION QUANTUM PROGRAMMING LANGUAGES , TOOLs and SOFTWARES ALL QUANTUM ALGORITHMS SOURCE CODES , GITHUBS QUANTUM HOT TOPICS Quantum Cognition Quantum Camera Quantum Mathematics Quantum Information Processing Quantum Image Processing Quantum Cryptography Quantum Elastic Search Quantum DNA Computing Adiabetic Quantum Computing Topological Big Data Anlytics using Quantum Hamiltonian Time Based Quantum Computing Deep Quantum Learning Quantum Tunneling Quantum Entanglment Quantum Eigen Spectrum Quantum Dots Quantum elctro dynamics Quantum teleportation Quantum Supremacy Quantum Zeno Effect Quantum Cohomology Quantum Chromodynamics Quantum Darwinism Quantum Coherence Quantum Decoherence Topological Quantum Computing Topological Quantum Field Theory Quantum Knots Topological Entanglment Boson Sampling Quantum Convolutional Code Stabilizer Code Quantum Chaos Quantum Game Theory Quantum Channel Tensor Space Theory Quantum Leap Quantum Mechanics for Time Travel Quantum Secured Block Chain Quantum Internet Quantum Optical Network Quantum Interference Quantum Optical Network Quantum Operating System Electron Fractionalization Flip-Flop Quantum Computer Quantum Information with Gaussian States Quantum Anomaly Detection Distributed Secure Quantum Machine Learning Decentralized Quantum Machine Learning Artificial Agents for Quantum Designs Light Based Quantum Chips for AI Training QUANTUM STATE PREPARATION ALGORITHM FOR MACHINE LEARNING Pure Quantum State Product State Matrix Product State Greenberger–Horne–Zeilinger State W state AKLT model Majumdar–Ghosh Model Multistate Landau–Zener Models Projected entangled-pair States Infinite Projected entangled-pair States Corner Transfer Matrix Method Tensor-entanglement Renormalization Tree Tensor Network for Supervised Learning QUANTUM MACHINE LEARNING VS DEEP LEARNING QUANTUM MEETUPS QUANTUM GOOGLE GROUPS QUANTUM BASED COMPANIES QUANTUM LINKEDLIN QUANTUM BASED DEGREES CONSOLIDATED QUANTUM ML BOOKS CONSOLIDATED QUANTUM ML VIDEOS CONSOLIDATED QUANTUM ML Reserach Papers CONSOLIDATED QUANTUM ML Reserach Scientist RECENT QUANTUM UPDATES FORUM ,PAGES AND NEWSLETTER INTRODUCTION Why Quantum Machine Learning? Machine Learning(ML) is just a term in recent days but the work effort start from 18th century. What is Machine Learning ? , In Simple word the answer is making the computer or application to learn themselves . So its totally related with computing fields like computer science and IT ? ,The answer is not true . ML is a common platform which is mingled in all the aspects of the life from agriculture to mechanics . Computing is a key component to use ML easily and effectively . To be more clear ,Who is the mother of ML ?, As no option Mathematics is the mother of ML . The world tremendous invention complex numbers given birth to this field . Applying mathematics to the real life problem always gives a solution . From Neural Network to the complex DNA is running under some specific mathematical formulas and theorems. As computing technology growing faster and faster mathematics entered into this field and makes the solution via computing to the real world . In the computing technology timeline once a certain achievements reached peoples interested to use advanced mathematical ideas such as complex numbers ,eigen etc and its the kick start for the ML field such as Artificial Neural Network ,DNA Computing etc. Now the main question, why this field is getting boomed now a days ? , From the business perspective , 8-10 Years before during the kick start time for ML ,the big barrier is to merge mathematics into computing field . people knows well in computing has no idea on mathematics and research mathematician has no idea on what is computing . The education as well as the Job Opportunities is like that in that time . Even if a person tried to study both then the business value for making a product be not good. Then the top product companies like Google ,IBM ,Microsoft decided to form a team with mathematician ,a physician and a computer science person to come up with various ideas in this field . Success of this team made some wonderful products and they started by providing cloud services using this product . Now we are in this stage. So what's next ? , As mathematics reached the level of time travel concepts but the computing is still running under classical mechanics . the companies understood, the computing field must have a change from classical to quantum, and they started working on the big Quantum computing field, and the market named this field as Quantum Information Science .The kick start is from Google and IBM with the Quantum Computing processor (D-Wave) for making Quantum Neural Network .The field of Quantum Computer Science and Quantum Information Science will do a big change in AI in the next 10 years. Waiting to see that........... .(google, ibm). References D-Wave - Owner of a quantum processor Google - Quantum AI Lab IBM - Quantum Computer Lab Quora - Question Regarding future of quantum AI NASA - NASA Quantum Works Youtube - Google Video of a Quantum Processor external-link - MIT Review microsoft new product - Newly Launched Microsoft Quantum Language and Development Kit microsoft - Microsoft Quantum Related Works Google2 - Google Quantum Machine Learning Blog BBC - About Google Quantum Supremacy,IBM Quantum Computer and Microsoft Q Google Quantum Supremacy - Latest 2019 Google Quantum Supremacy Achievement IBM Quantum Supremacy - IBM Talk on Quantum Supremacy as a Primer VICE on the fight - IBM Message on Google Quantum Supremacy IBM Zurich Quantum Safe Cryptography - An interesting startup to replace all our Certificate Authority Via Cloud and IBM Q BASICS What is Quantum Mechanics? In a single line study of an electron moved out of the atom then its classical mechanic ,vibrates inside the atom its quantum mechanics WIKIPEDIA - Basic History and outline LIVESCIENCE. - A survey YOUTUBE - Simple Animation Video Explanining Great. What is Quantum Computing? A way of parallel execution of multiple processess in a same time using qubit ,It reduces the computation time and size of the processor probably in neuro size WIKIPEDIA - Basic History and outline WEBOPEDIA. - A survey YOUTUBE - Simple Animation Video Explanining Great. Quantum Computing vs Classical Computing LINK - Basic outline Quantum Computing Atom Structure one line : Electron Orbiting around the nucleous in an eliptical format YOUTUBE - A nice animation video about the basic atom structure Photon Wave one line : Light nornmally called as wave transmitted as photons as similar as atoms in solid particles YOUTUBE - A nice animation video about the basic photon 1 YOUTUBE - A nice animation video about the basic photon 2 Electron Fluctuation or spin one line : When a laser light collide with solid particles the electrons of the atom will get spin between the orbitary layers of the atom ) YOUTUBE - A nice animation video about the basic Electron Spin 1 YOUTUBE - A nice animation video about the basic Electron Spin 2 YOUTUBE - A nice animation video about the basic Electron Spin 3 States one line : Put a point on the spinning electron ,if the point is in the top then state 1 and its in bottom state 0 YOUTUBE - A nice animation video about the Quantum States SuperPosition two line : During the spin of the electron the point may be in the middle of upper and lower position, So an effective decision needs to take on the point location either 0 or 1 . Better option to analyse it along with other electrons using probability and is called superposition YOUTUBE - A nice animation video about the Quantum Superposition SuperPosition specific for machine learning(Quantum Walks) one line : As due to computational complexity ,quantum computing only consider superposition between limited electrons ,In case to merge more than one set quantum walk be the idea YOUTUBE - A nice video about the Quantum Walks Classical Bits one line : If electron moved from one one atom to other ,from ground state to excited state a bit value 1 is used else bit value 0 used Qubit one line : The superposition value of states of a set of electrons is Qubit YOUTUBE - A nice video about the Quantum Bits 1 YOUTUBE - A nice video about the Bits and Qubits 2 Basic Gates in Quantum Computing one line : As like NOT, OR and AND , Basic Gates like NOT, Hadamard gate , SWAP, Phase shift etc can be made with quantum gates YOUTUBE - A nice video about the Quantum Gates Quantum Diode one line : Quantum Diodes using a different idea from normal diode, A bunch of laser photons trigger the electron to spin and the quantum magnetic flux will capture the information YOUTUBE - A nice video about the Quantum Diode Quantum Transistors one line : A transistor default have Source ,drain and gate ,Here source is photon wave ,drain is flux and gate is classical to quantum bits QUORA -Discussion about the Quantum Transistor YOUTUBE - Well Explained Quantum Processor one line : A nano integration circuit performing the quantum gates operation sorrounded by cooling units to reduce the tremendous amount of heat YOUTUBE - Well Explained Quantum Registery QRAM one line : Comapring the normal ram ,its ultrafast and very small in size ,the address location can be access using qubits superposition value ,for a very large memory set coherent superposition(address of address) be used PDF - very Well Explained QUANTUM COMPUTING MACHINE LEARNING BRIDGE Complex Numbers one line : Normally Waves Interference is in n dimensional structure , to find a polynomial equation n order curves ,better option is complex number YOUTUBE - Wonderful Series very super Explained Tensors one line : Vectors have a direction in 2D vector space ,If on a n dimensional vector space ,vectors direction can be specify with the tensor ,The best solution to find the superposition of a n vector electrons spin space is representing vectors as tensors and doing tensor calculus YOUTUBE - Wonderful super Explained tensors basics YOUTUBE - Quantum tensors basics Tensors Network one line : As like connecting multiple vectors ,multple tensors form a network ,solving such a network reduce the complexity of processing qubits YOUTUBE - Tensors Network Some ideas specifically for quantum algorithms QUANTUM MACHINE LEARNING ALGORITHMS Quantum K-Nearest Neighbour info : Here the centroid(euclidean distance) can be detected using the swap gates test between two states of the qubit , As KNN is regerssive loss can be tally using the average PDF1 from Microsoft - Theory Explanation PDF2 - A Good Material to understand the basics Matlab - Yet to come soon Python - Yet to come soon Quantum K-Means info : Two Approaches possible ,1. FFT and iFFT to make an oracle and calculate the means of superposition 2. Adiobtic Hamiltonian generation and solve the hamiltonian to determine the cluster PDF1 - Applying Quantum Kmeans on Images in a nice way PDF2 - Theory PDF3 - Explaining well the K-means clustering using hamiltonian Matlab - Yet to come soon Python - Yet to come soon Quantum Fuzzy C-Means info : As similar to kmeans fcm also using the oracle dialect ,but instead of means,here oracle optimization followed by a rotation gate is giving a good result PDF1 - Theory Matlab - Yet to come soon Python - Yet to come soon Quantum Support Vector Machine info : A little different from above as here kernel preparation is via classical and the whole training be in oracles and oracle will do the classification, As SVM is linear ,An optimal Error(Optimum of the Least Squares Dual Formulation) Based regression is needed to improve the performance PDF1 - Nice Explanation but little hard to understand :) PDF2 - Nice Application of QSVM Matlab - Yet to come soon Python - Yet to come soon Quantum Genetic Algorithm info : One of the best algorithm suited for Quantum Field ,Here the chromosomes act as qubit vectors ,the crossover part carrying by an evaluation and the mutation part carrying by the rotation of gates ![Flow Chart]() PDF1 - Very Beautiful Article , well explained and superp PDF2 - A big theory :) PDF3 - Super Comparison Matlab - Simulation Python1 - Simulation Python2 - Yet to come Quantum Hidden Morkov Models info : As HMM is already state based ,Here the quantum states acts as normal for the markov chain and the shift between states is using quantum operation based on probability distribution ![Flow Chart]() PDF1 - Nice idea and explanation PDF2 - Nice but a different concept little Matlab - Yet to come Python1 - Yet to come Python2 - Yet to come Quantum state classification with Bayesian methods info : Quantum Bayesian Network having the same states concept using quantum states,But here the states classification to make the training data as reusable is based on the density of the states(Interference) ![Bayesian Network Sample1]() ![Bayesian Network Sample2]() ![Bayesian Network Sample3]() PDF1 - Good Theory PDF2 - Good Explanation Matlab - Yet to come Python1 - Yet to come Python2 - Yet to come Quantum Ant Colony Optimization info : A good algorithm to process multi dimensional equations, ACO is best suited for Sales man issue , QACO is best suited for Sales man in three or more dimension, Here the quantum rotation circuit is doing the peromene update and qubits based colony communicating all around the colony in complex space ![Ant Colony Optimization 1]() PDF1 - Good Concept PDF2 - Good Application Matlab - Yet to come Python1 - Yet to come Python2 - Yet to come Quantum Cellular Automata info : One of the very complex algorithm with various types specifically used for polynomial equations and to design the optimistic gates for a problem, Here the lattice is formed using the quatum states and time calculation is based on the change of the state between two qubits ,Best suited for nano electronics ![Quantum Cellular Automata]() Wikipedia - Basic PDF1 - Just to get the keywords PDF2 - Nice Explanation and an easily understandable application Matlab - Yet to come Python1 - Yet to come Python2 - Yet to come QAUNTUM NEURAL NETWORK one line : Its really one of the hardest topic , To understand easily ,Normal Neural Network is doing parallel procss ,QNN is doing parallel of parallel processess ,In theory combination of various activation functions is possible in QNN ,In Normal NN more than one activation function reduce the performance and increase the complexity Quantum perceptrons info : Perceptron(layer) is the basic unit in Neural Network ,The quantum version of perceptron must satisfy both linear and non linear problems , Quantum Concepts is combination of linear(calculus of superposition) and nonlinear(State approximation using probability) ,To make a perceptron in quantum world ,Transformation(activation function) of non linearity to certain limit is needed ,which is carrying by phase estimation algorithm ![Quantum Perceptron 3]() PDF1 - Good Theory PDF2 - Good Explanation Matlab - Yet to come Python1 - Yet to come Python2 - Yet to come QAUNTUM STATISTICAL DATA ANALYSIS one line : An under research concept ,It can be seen in multiple ways, one best way if you want to apply n derivative for a problem in current classical theory its difficult to compute as its serialization problem instead if you do parallelization of differentiation you must estimate via probability the value in all flows ,Quantum Probability Helps to achieve this ,as the loss calculation is very less . the other way comparatively booming is Quantum Bayesianism, its a solution to solve most of the uncertainity problem in statistics to combine time and space in highly advanced physical research QUANTUM PROGRAMMING LANGUAGES , TOOLs and SOFTWARES All info : All Programming languages ,softwares and tools in alphabetical order Software - Nice content of all Python library - A python library Matlab based python library - Matlab Python Library Quantum Tensor Network Github - Tensor Network Bayesforge - A Beautiful Amazon Web Service Enabled Framework for Quantum Alogorithms and Data Analytics Rigetti - A best tools repository to use quantum computer in real time Rigetti Forest - An API to connect Quantum Computer quil/pyQuil - A quantum instruction language to use forest framework Grove - Grove is a repository to showcase quantum Fourier transform, phase estimation, the quantum approximate optimization algorithm, and others developed using Forest QISKit - A IBM Kit to access quantum computer and mainly for quantum circuits IBM Bluemix Simulator - A Bluemix Simulator for Quantum Circuits Microsoft Quantum Development Kit - Microsoft Visual Studio Enbaled Kit for Quantum Circuit Creation Microsoft "Q#" - Microsoft Q Sharp a new Programming Language for Quantum Circuit Creation qiskit api python - An API to connect IBM Quantum Computer ,With the generated token its easy to connect ,but very limited utils ,Lot of new utils will come soon Cyclops Tensor Framework - A framework to do tensor network simulations Python ToolKit for chemistry and physics Quantum Algorithm simulations - A New Started Project for simulating molecule and solids Bayesian Based Quatum Projects Repository - A nice repository and the kickstarter of bayesforge Google Fermion Products - A newly launched product specifivally for chemistry simulation Tree Tensor Networks - Interesting Tensor Network in Incubator Deep Tensor Neural Network - Some useful information about Tensor Neural Network in Incubator Generative Tensorial Networks - A startup to apply machine learning via tensor network for drug discovery Google Bristlecone - A new Quantum Processor from Google , Aimed for Future Hardwares with full fledged AI support XANADU - A Light based Quantum Hardware(chips supports) and Software Company Started in Preparation Stage. Soon will be in market fathom computing - A new concept to train the ai in a processor using light and quantum based concepts. soon products will be launch Alibaba Quantum Computing Cloud Service - Cloud Service to access 11 Bit Quantum Computing Processor Atomistic Machine Learning Project - Seems something Interesting with Deep Tensor Network for Quantum Chemistry Applications circQ and Google Works - Google Top Efforts on Tools IBM Safe Cryptography on Cloud - IBM Started and Developing a Quantm Safe Cryptography to replace all our Certificate Authority via Cloud Google Tensor Network Open Source - Google Started the Most Scientist Preferred Way To Use a Quantum Computer Circuit. Tensor Flow Which Makes Easy to Design the Network and Will Leave the Work Effect Of Gates, Processor Preparation and also going to tell the beauty of Maths Google Tensor Network Github - Github Project of Google Tensor Network Quantum Tensorflow - Yet to come soon Quantum Spark - Yet to come soon Quatum Map Reduce - Yet to come soon Quantum Database - Yet to come soon Quantum Server - Yet to come soon Quantum Data Analytics - Yet to come soon QUANTUM HOT TOPICS Deep Quantum Learning why and what is deep learning? In one line , If you know deep learning you can get a good job :) ,Even a different platform undergraduated and graduated person done a master specialization in deep learning can work in this big sector :), Practically speaking machine learning (vector mathematics) , deep learning (vector space(Graphics) mathematics) and big data are the terms created by big companies to make a trend in the market ,but in science and research there is no word such that , Now a days if you ask a junior person working in this big companies ,what is deep learning ,you will get some reply as "doing linear regression with stochastic gradient for a unsupervised data using Convolutional Neural Network :)" ,They knows the words clearly and knows how to do programming using that on a bunch of "relative data" , If you ask them about the FCM , SVM and HMM etc algorithms ,they will simply say these are olden days algorithms , deep learning replaced all :), But actually they dont know from the birth to the till level and the effectiveness of algorithms and mathematics ,How many mathematical theorems in vector, spaces , tensors etc solved to find this "hiding the complexity technology", They did not played with real non relative data like medical images, astro images , geology images etc , finding a relation and features is really complex and looping over n number of images to do pattern matching is a giant work , Now a days the items mentioned as deep learning (= multiple hidden artifical neural network) is not suitable for that why quantum deep learning or deep quantum learning? In the mid of Artificial Neural Network Research people realised at the maximum extreme only certain mathematical operations possible to do with ANN and the aim of this ANN is to achieve parallel execution of many mathematical operations , In artificial Intelligence ,the world intelligence stands for mathematics ,how effective if a probem can be solvable is based on the mathematics logic applying on the problem , more the logic will give more performance(more intelligent), This goal open the gate for quantum artificial neural network, On applying the ideas behind the deep learning to quantum mechanics environment, its possible to apply complex mathematical equations to n number of non relational data to find more features and can improve the performance Quantum Machine Learning vs Deep Learning Its fun to discuss about this , In recent days most of the employees from Product Based Companies Like google,microsoft etc using the word deep learning ,What actually Deep Learning ? and is it a new inventions ? how to learn this ? Is it replacing machine learning ? these question come to the mind of junior research scholars and mid level employees The one answer to all questions is deep learning = parallel "for" loops ,No more than that ,Its an effective way of executing multiple tasks repeatly and to reduce the computation cost, But it introduce a big cap between mathematics and computerscience , How ? All classical algorithms based on serial processing ,Its depends on the feedback of the first loop ,On applying a serial classical algorithm in multiple clusters wont give a good result ,but some light weight parallel classical algorithms(Deep learning) doing the job in multiple clusters and its not suitable for complex problems, What is the solution for then? As in the title Quantum Machine Learning ,The advantage behind is deep learning is doing the batch processing simply on the data ,but quantum machine learning designed to do batch processing as per the algorithm The product companies realised this one and they started migrating to quantum machine learning and executing the classical algorithms on quantum concept gives better result than deep learning algorithms on classical computer and the target to merge both to give very wonderful result References Quora - Good Discussion Quora - The Bridge Discussion Pdf - Nice Discussion Google - Google Research Discussion Microsoft - Microsoft plan to merge both IBM - IBM plan to merge both IBM Project - IBM Project idea MIT and Google - Solutions for all questions QUANTUM MEETUPS Meetup 1 - Quantum Physics Meetup 2 - Quantum Computing London Meetup 3 - Quantum Computing New York Meetup 4 - Quantum Computing Canada Meetup 5 - Quantum Artificial Intelligence Texas Meetup 6 - Genarl Quantum Mechanics , Mathematics New York Meetup 7 - Quantum Computing Mountain View California Meetup 8 - Statistical Analysis New York Meetup 9 - Quantum Mechanics London UK Meetup 10 - Quantum Physics Sydney Australia Meetup 11 - Quantum Physics Berkeley CA Meetup 12 - Quantum Computing London UK Meetup 13 - Quantum Mechanics Carmichael CA Meetup 14 - Maths and Science Group Portland Meetup 15 - Quantum Physics Santa Monica, CA Meetup 16 - Quantum Mechanics London Meetup 17 - Quantum Computing London Meetup 18 - Quantum Meta Physics ,Kansas City , Missouri ,US Meetup 19 - Quantum Mechanics and Physics ,Boston ,Massachusetts ,US Meetup 20 - Quantum Physics and Mechanics ,San Francisco ,California Meetup 21 - Quantum Mechanics ,Langhorne, Pennsylvania Meetup 22 - Quantum Mechanics ,Portland QUANTUM BASED DEGREES Plenty of courses around the world and many Universities Launching it day by day ,Instead of covering only Quantum ML , Covering all Quantum Related topics gives more idea in the order below Available Courses Quantum Mechanics for Science and Engineers Online Standford university - Nice Preparatory Course edx - Quantum Mechanics for Everyone NPTEL 1 - Nice Series of Courses to understand basics and backbone of quantum mechanics NPTEL 2 NPTEL 3 NPTEL 4 NPTEL 5 Class Based Course UK Bristol Australia Australian National University Europe Maxs Planks University Quantum Physics Online MIT - Super Explanation and well basics NPTEL - Nice Series of Courses to understand basics and backbone of quantum Physics Class Based Course Europe University of Copenhagen Quantum Chemistry Online NPTEL 1 - Nice Series of Courses to understand basics and backbone of quantum Chemistry NPTEL 2 - Class Based Course Europe UGent Belgium Quantum Computing Online MIT - Super Explanation and well basics edx - Nice Explanation NPTEL - Nice Series of Courses to understand basics and backbone of quantum Computing Class Based Course Canada uwaterloo Singapore National University Singapore USA Berkley China Baidu Quantum Technology Class Based Course Canada uwaterloo Singapore National University Singapore Europe Munich Russia Skoltech Quantum Information Science External Links quantwiki Online MIT - Super Explanation and well basics edx - Nice Explanation NPTEL - Nice Series of Courses to understand basics and backbone of quantum information and computing Class Based Course USA MIT Standford University Joint Center for Quantum Information and Computer Science - University of Maryland Canada Perimeter Institute Singapore National University Singapore Europe ULB Belgium IQOQI Quantum Electronics Online MIT - Wonderful Course NPTEL - Nice Series of Courses to understand basics and backbone of quantum Electronics Class Based Course USA Texas Europe Zurich ICFO Asia Tata Institute Quantum Field Theory Online Standford university - Nice Preparatory Course edx - Some QFT Concepts available Class Based Course UK Imperial Europe Vrije Quantum Computer Science Class Based Course USA Oxford Joint Center for Quantum Information and Computer Science - University of Maryland Quantum Artificial Intelligence and Machine Learning External Links Quora 1 Quora 1 Artificial Agents Research for Quantum Designs Quantum Mathematics Class Based Course USA University of Notre CONSOLIDATED Quantum Research Papers scirate - Plenty of Quantum Research Papers Available Peter Wittek - Famous Researcher for the Quantum Machine Leanrning , Published a book in this topic [Murphy Yuezhen Niu] (https://scholar.google.com/citations?user=0wJPxfkAAAAJ&hl=en) - A good researcher published some nice articles Recent Quantum Updates forum ,pages and newsletter Quantum-Tech - A Beautiful Newsletter Page Publishing Amazing Links facebook Quantum Machine Learning - Running By me . Not that much good :). You can get some ideas Linkedlin Quantum Machine Learning - A nice page running by experts. Can get plenty of ideas FOSDEM 2019 Quantum Talks - A one day talk in fosdem 2019 with more than 10 research topics,tools and ideas FOSDEM 2020 Quantum Talks - Live talk in fosdem 2020 with plenty new research topics,tools and ideas License Dedicated Opensources ![Dedicated Opensources]() Source code of plenty of Algortihms in Image Processing , Data Mining ,etc in Matlab, Python ,Java and VC++ Scripts Good Explanations of Plenty of algorithms with flow chart etc Comparison Matrix of plenty of algorithms Is Quantum Machine Learning Will Reveal the Secret Maths behind Astrology? Awesome Machine Learning and Deep Learning Mathematics is online Published Basic Presentation of the series Quantum Machine Learning Contribution If you think this page might helpful. Please help for World Education Charity or kids who wants to learn

teach-AI-in-business

Teaching AI in Business ![HitCount] I am collecting material for teaching AI-related issues to non-tech people. The links should provide for a general understanding of AI without going too deep into technical issues. Please contribute! Make this Issue your First Issue I am collecting material for teaching AI-related issues to non-tech people. The links should have provide for a general understanding of AI without going too deep into technical issues. Please contribute! Kindly use only those Resources with NO CODE NEW Check out also the AI Wiki NEW Online Videos & Courses | Link to Issue | Description | |---|---| | Top Trending Technologies | Youtube Channel to master top trending technologyies including artificial intelligence | | AI4All | AI 4 All is a resource for AI facilitators to bring AI to scholars and students | | Elements of AI | Elements of AI is a free open online course to teach AI principles | | Visual Introduction to Machine Learning | Visual introduction to Machine Learning is a beautiful website that gives a comprehensive introduction and easily understood first encounter with machine learning | | CS50's Introduction to Artificial Intelligence with Python | Learn to use machine learning in Python in this introductory course on artificial intelligence.| | Crash course for AI | This is a fun video series that introduces students and educators to Artificial Intelligence and also offers additional more advanced videos. Learn about the basics, neural networks, algorithms, and more. | Youtuber Channel Machine Learning Tutorial | Youtube Channel Turorial Teachable Machine for beginner | | Artificial Intelligence (AI) |Learn the fundamentals of Artificial Intelligence (AI), and apply them. Design intelligent agents to solve real-world problems including, search, games, machine learning, logic, and constraint satisfaction problems | | AI For Everyone by Andrew Ng | AI For Everyone is a course especially for people from a non-technical background to understand AI strategies | | How far is too far? The age of AI| This is a Youtube Orignals series by Robert Downey| | Fundamentals of Artificial Intelligence|This course is for absolute beginners with no technical knowledge.| | Bandit Algorithm (Online Machine Learning)|No requirement of technical knowledge, but a basic understending of Probability Ttheory would help| | An Executive's Guide to AI|This is an interactive guide to teaching business professionals how they might employ artificial intelligence in their business| | AI Business School|Series of videos that teach how AI may be incorporated in various business industries| | Artificial Intelligence Tutorial for Beginners | This video will provide you with a comprehensive and detailed knowledge of Artificial Intelligence concepts with hands-on examples. | | Indonesian Machine Learning Tutorial | Turorial Teachable Machine to train a computer for beginner | | Indonesian Youtube Playlist AI Tutorial | Youtube Playlist AI Tutorial For Beginner | | Artificial Intelligence Search Methods For Problem Solving By Prof. Deepak Khemani|These video lectures are for absolute beginners with no technical knowledge| | AI Basics Tutorial | This video starts from the very basics of AI and ML, and finally has a hands-on demo of the standard MNIST Dataset Number Detection model using Keras and Tensorflow.| | Simple brain.js Tutorial | This video explains a very simple javascript AI library called brain.js so you can easily run AI in the browser.| | Google AI| A complete kit for by google official for non-tech guy to start all over from basics, till advanced | | Microsoft AI for Beginners| A self-driven curriculum by Microsoft, which includes 24 lessons on AI. | Train Your Own AI | Link to Issue | Description | |---|---| | Teachable Machine | Use Teachable Machine to train a computer to recognize your own images, sounds, & poses | | eCraft2Learn | Resource and interactive space (Snap, a visual programming environment like Scratch) to learn how to create AI programs | | Google Quick Draw | Train an AI to guess from drawings| | Deepdream Generator| Merge Pictures to Deep Dreams using the Deepdream Generator| | Create ML|Quickly build and train Core ML models on your Mac with no code.| | What-If Tool|Visually probe the behavior of trained machine learning models, with minimal coding.| | Metaranx|Use and build artificial intelligence tools to analyze and make decisions about your data. Drag-and-drop. No code.| | obviously.ai|The total process of building ML algorithms, explaining results, and predicting outcomes in one single click.| Articles | By & Title | Description | |---|---| | Artificial Intelligence | Wikipedia Page of AI | | The Non-Technical AI Guide | One of the good blog post that could help AI more understandable for people without technical background | | LIAI | A detailed introduction to AI and neural networks | | Layman's Intro | A layman's introduction to AI | | AI and Machine Learning: A Nontechnical Overview | AI and Machine Learning: A Nontechnical Overview from OREILLY themselves is a guide to learn anyone everything they need to know about AI, focussed on non-tech people | | What business leaders need to know about artifical intelligence|Short article that summarizes the essential aspects of AI that business leaders need to understand| | How Will No-Code Impact the Future of Conversational AI | A humble explanation to the current state of converstational AI i.e.Chatbots and how it coul evolve with the current trend of no coding. | | Investopedia | Basic explanation of what AI is in a very basic and comprehensive way | | Packtpub | A non programmer’s guide to learning Machine learning | | Builtin | Artificial Intelligence.What is Artificial Intelligence? How Does AI Work? | | Future Of Life | Benefits & Risks of Artificial Intelligence | | NSDM India -Arpit | 100+ AI Tools For Non-Coders That Will Make Your Marketing Better. | | AI in Marketing for Startups & Non-technical Marketers | A practical guide for non-technical people | | Blog - Machine Learning MAstery | Blogs and Articles by Jason Browniee on ML | | AI Chatbots without programming| Chatbots are increasingly in demand among global businesses. This course will teach you how to build, analyze, deploy and monetize chatbots - with the help of IBM Watson and the power of AI.| Book Resources for Further Reading | Author | Book | Description & Notes | |---|---|---| | Ethem Alpaydin|Machine Learning: The New AI | Graph Theory with Applications to Engineering & Computer Science. A concise overview of machine learning—computer programs that learn from data—which underlies applications that include recommendation systems, face recognition, and driverless cars. | | Charu C. Aggarwal| Neural Networks and Deep Learning | This book covers both classical and modern models in deep learning. The primary focus is on the theory and algorithms of deep learning. The book is also rich in discussing different applications in order to give the practitioner a flavor of how neural architectures are designed for different types of problems. | | Hal Daumé III | A Course in Machine Learning | The purpose of this book is to provide a gentle and pedagogically organized introduction to the field. A second goal of this book is to provide a view of machine learning that focuses on ideas and models, not on math. | | Ian Goodfellow and Yoshua Bengio and Aaron Courville| Deep Learning | The book starts with a discussion on machine learning basics, including the applied mathematics and algorithms needed to effectively study deep learning from an academic perspective. There is no code covered in the book, making it perfect for a non-technical AI enthusiast. | | Peter Harrington|Machine Learning in Action| (Source: https://github.com/kerasking/book-1/blob/master/ML%20Machine%20Learning%20in%20Action.pdf) This book acts as a guide to walk newcomers through the techniques needed for machine learning as well as the concepts behind the practices.| | Jeff Heaton| Artificial Intelligence for Humans |This book helps its readers get an overview and understanding of AI algorithms. It is meant to teach AI for those who don’t have an extensive mathematical background. The readers need to have only a basic knowledge of computer programming and college algebra.| | John D. Kelleher, Brian Mac Namee and Aoife D'Arcy|Fundamentals of Machine Learning for Predictive Data Analytics: Algorithms, Worked Examples, and Case Studies (The MIT Press)|This book covers all the fundamentals of machine learning, diving into the theory of the subject and using practical applications, working examples, and case studies to drive the knowledge home.| | Deepak Khemani| [A First Course in Artificial Intelligence] | It is an introductory course on Artificial Intelligence, a knowledge-based approach using agents all across and detailed, well-structured algorithms with proofs. This book mainly follows a bottom-up approach exploring the basic strategies needed problem-solving on the intelligence part. | | Maxim Lapan | Deep Reinforcement Learning Hands-On - Second Edition | Deep Reinforcement Learning Hands-On, Second Edition is an updated and expanded version of the bestselling guide to the very latest reinforcement learning (RL) tools and techniques. It provides you with an introduction to the fundamentals of RL, along with the hands-on ability to code intelligent learning agents to perform a range of practical tasks. | | Tom M Mitchell | Machine Learning | This book covers the field of machine learning, which is the study of algorithms that allow computer programs to automatically improve through experience. The book is intended to support upper level undergraduate and introductory level graduate courses in machine learning. | | John Paul Mueller and Luca Massaron|Machine Learning For Dummies|This book aims to get readers familiar with the basic concepts and theories of machine learning and how it applies to the real world. And "Dummies" here refers to absolute beginners with no technical background.The book introduces a little coding in Python and R used to teach machines to find patterns and analyze results. From those small tasks and patterns, we can extrapolate how machine learning is useful in daily lives through web searches, internet ads, email filters, fraud detection, and so on. With this book, you can take a small step into the realm of machine learning and we can learn some basic coding in Pyton and R (if interested)| | Michael Nielsen| Neural Networks and Deep Learning |Introduction to the core principles of Neural Networks and Deep Learning in AI| | Simon Rogers and Mark Girolami| A Course in Machine Learning |A First Course in Machine Learning by Simon Rogers and Mark Girolami is the best introductory book for ML currently available. It combines rigor and precision with accessibility, starts from a detailed explanation of the basic foundations of Bayesian analysis in the simplest of settings, and goes all the way to the frontiers of the subject such as infinite mixture models, GPs, and MCMC.| |Peter Norvig| Paradigm of Artificial Intelligence Programming |Paradigms of AI Programming is the first text to teach advanced Common Lisp techniques in the context of building major AI systems. By reconstructing authentic, complex AI programs using state-of-the-art Common Lisp, the book teaches students and professionals how to build and debug robust practical programs, while demonstrating superior programming style and important AI concepts.| | Stuart Russel & Peter Norvig | Artificial Intelligence: A Modern Approach, 3rd Edition | This is the prescribed text book for my Introduction to AI university course. It starts off explaining all the basics and definitions of what AI is, before launching into agents, algorithms, and how to apply them. Russel is from the University of California at Berkeley. Norvig is from Google.| | Richard S. Sutton and Andrew G. Barto| Reinforcement Learning: An Introduction |Reinforcement learning, one of the most active research areas in artificial intelligence, is a computational approach to learning whereby an agent tries to maximize the total amount of reward it receives while interacting with a complex, uncertain environment.| | Alex Smola and S.V.N. Vishwanathan | Introduction to Machine Learning | Provides the reader with an overview of the vast applications of ML, including some basic tools of statistics and probability theory. Also includes discussions on sophisticated ideas and concepts. | | Shai Shalev-Shwartz and Shai Ben-David | Understanding Machine Learning From Theory to Algorithms |The primary goal of this book is to provide a rigorous, yet easy to follow, introduction to the main concepts underlying machine learning. | | Chandra S.S.V | Artificial Intelligence and Machine Learning | This book is primarily intended for undergraduate and postgraduate students of computer science and engineering. This textbook covers the gap between the difficult contexts of Artificial Intelligence and Machine Learning. It provides the most number of case studies and worked-out examples. In addition to Artificial Intelligence and Machine Learning, it also covers various types of learning like reinforced, supervised, unsupervised and statistical learning. It features well-explained algorithms and pseudo-codes for each topic which makes this book very useful for students. | | Oliver Theobald|Machine Learning For Absolute Beginners: A Plain English Introduction|This is an absolute beginners ML guide.No mathematical background is needed, nor coding experience — this is the most basic introduction to the topic for anyone interested in machine learning.“Plain” language is highly valued here to prevent beginners from being overwhelmed by technical jargon. Clear, accessible explanations and visual examples accompany the various algorithms to make sure things are easy to follow.| | Tom Taulli | Artificial Intelligence Basics: A Non-Technical Introduction | This book equips you with a fundamental grasp of Artificial Intelligence and its impact. It provides a non-technical introduction to important concepts such as Machine Learning, Deep Learning, Natural Language Processing, Robotics and more. Further the author expands on the questions surrounding the future impact of AI on aspects that include societal trends, ethics, governments, company structures and daily life. | |Cornelius Weber, Mark Elshaw, N. Michael Mayer| Reinforcement Learning |Learning is a very important aspect. This book is on reinforcement learning which involves performing actions to achieve a goal. The first 11 chapters of this book describe and extend the scope of reinforcement learning.| |John D. Kelleher, Brian Mac Namee, Aoife D'arcy| Algorithms, Worked Examples, and Case Studies | A comprehensive introduction to the most important machine learning approaches used in predictive data analytics, covering both theoretical concepts and practical applications. |

ai_primer

Welcome to AI primer course INTERACTIVE BOOK LINK Main aim of this course is to give you enough information so that you can start exploring field of AI on your own and maybe even start searching for DS role. We have only 5 main chapters and one bonus lecture to cover. Unsupervised learning SVD (Singular Value Decomposition) - it’s a good tool to introduce both technical tools we will be working with as well as giving us a glimpse at unsupervised learning. Supervised learning RF (Random Forests) - one of the first “silver bullets” out there. Our discussion will also cover Shannon’s work on entropy as it’s one of the key ingredients. Deep learning DNN (Deep Neural Networks) - we will build our own Perceptron from scratch, thus focusing on gradient descent and backprop on the way. By changing activation function logistic regression will be introduced and finally we will explore what a stack of layers (deep NN) can offer. CNN (Convolutional Neural Networks) - even though different techniques come and go in deep learning world I strongly believe that CNN’s will be around for quite some time to come. We will use them not only for images, but also for time series prediction. Attention - powerful idea that stands behind Transformers and one of the enablers for GPT-3, DALL-E 2 and others. Reinforcement Learning (bonus lecture) TD (Temporal Difference) - one of the core principles in reinforcement learning. We will apply it to play tic-tac-toe. Also we will cover following toolset, which hopefully will be useful for your future projects: numpy (mainly in SVD and FCN lectures) - will help us store vectors, matrices and perform operations on them. matplotlib (in all lectures) - nice and simple plotting lib. scikit-learn - ML library. pandas (mainly in RF lecture) - structured way of looking at tabular data. PyTorch (FCN and CNN lectures) - simple deep learning library based on tensorflow. git (final project) - version control tool. Toolset will be presented only in lectures, thus it’s up to you to learn them on your own if you do not plan to attend. There are a lot of resources, but I highly suggest to read intros in corresponding docs. What to expect from a single lecture? There will be no clear distinction between theory and practice, thus you should have your PC ready for small assignments that you will encounter on the way. Most important material will be listed here, but during lectures you will hear and see a lot of complementary material. Each lecture will end with a list of resources (some of them mandatory). We will start a new lecture with a recap of what was done last time and discussion regarding mentioned resources in the hope to deepen understanding in the subject and inspire you to search for sources and publications yourself. Launching notebooks You can launch notebooks while in interactive book by simply pressing the rocket logo and choosing Colab. To get faster run times click Runtime and Change runtime type, then select GPU or TPU. If necessary you can install missing packages by running !pip install [package name] directly in the notebook. NOTE: Colab will not save your changes between sessions! Download the notebook or save a copy in Google Drive before closing the browser. If you want to open notebooks locally (for a quick preview) you might find nteract useful. As an alternative you can use non free, but cheap options like Jarvislabs or Paperspace. Actually Paperspace has free GPU option, but often it is not available. (re)Sources Each chapter will have a list of resources, but for now I highly recommend to start listening/watching following resources on your spare time: Data Skeptic podcast Artificial Intelligence podcast Two Minute Papers youtube channel If I had to recommend a single book for beginner it will be this one - Hands-On Machine Learning with Scikit-Learn, Keras, and TensorFlow, 2nd Edition.

How To Start A Business Using Only AI

How to Use AI to Start a Business in 2024. ► Shopify Free Trial https://utm.io/uhpKC ► YouTube takes on TikTok Shop with expanded Shopify partnership https://youtube.com/shorts/XdzbDOak9BI?si=eNUZL8AgZK6f0XJg Unlock Your Entrepreneurial Potential with AI! Ever dreamed of starting a business but felt overwhelmed by the complexity? AI is here to revolutionize the way we work! In this video, we'll guide you through the exciting process of launching your own venture using artificial intelligence. Discover how to: Identify profitable niche ideas using AI-powered market research tools Create compelling content with AI-driven writing assistants Design stunning visuals effortlessly using AI design platforms Build and manage your online store without technical expertise Expand your reach by easily adding your products to social media networks like Instagram, YouTube, and TikTok Whether you're a seasoned entrepreneur or just starting out, this video will equip you with the knowledge and tools to turn your business dreams into reality. Get ready to harness the power of AI and embark on a successful entrepreneurial journey! –––––––––––––––––––––––––––––––––––––––––––– Watch More Learn with Shopify Video Tutorials: ► How to Connect Your Shopify Store To Your YouTube Channel https://youtu.be/ymD5M8w-drk?si=tLt52iNd0VKrL5eW ► YouTube Shopping Tutorial: The Best Way To Sell Your Shopify Products on YouTube LIVE https://youtu.be/AUtEP7LTNeg?si=imvS2pUTsLvhcZmT ► How To Create Beautiful Presentations With AI https://youtu.be/BZ_ObFC7NVA ► What is Shopify Magic and Shopify Sidekick? (And How To Use It) https://youtu.be/Y7Rlr5gxPp4 ► Prompt Engineering Tutorial Part 1: An Introduction to AI Prompting https://youtu.be/zBaa8Ct2C-k?si=ZshSj72IdgpGrAN5 ► Prompt Engineering Tutorial Part 2: Text-to-Text https://youtu.be/ZlQHPt86h6s ► Prompt Engineering Tutorial Part 3: Text-to-Image https://youtu.be/6RAStep_3OI ► Prompt Engineering Tutorial Part 4: Text to Video https://youtu.be/QgjL0fNTwHc ► How to Sell on Instagram https://youtu.be/cqmUWuA2w2U –––––––––––––––––––––––––––––––––––––––––––– 🔔 Subscribe to @learnwithshopify for more productivity tutorials and tips for entrepreneurs of all stages. Here's what we'll cover in this video: 0:00 Intro 0:48 Idea generation using AI 2:20 How to market research using AI 3:14 Naming your business using AI 4:44 AI Logo Generator 6:10 AI Product Creation 9:48 How to upload products to your website 12:15 How to list your items on Instagram 13:06 How to list your items on YouTube 13:40 How to list your items on TikTok 14:04 Marketing using AI 15:30 Legalization –––––––––––––––––––––––––––––––––––––––––––– 📈 Related Videos: 20 Mobile AI Apps https://youtu.be/OSAFKU8FL44 TikTok Marketing Tutorial (Organic Strategy) https://youtu.be/SeWNUUEtZOY TikTok Marketing Tutorial (Paid Ads) https://youtu.be/RIy9ZN3B5CA Reddit for Business Tutorial https://youtu.be/FcYtZg1uGMA LinkedIn Ads Tutorial https://youtu.be/WMKldiJ8mEw 🔗 Useful Resources: ► 64 Best Small Business Ideas To Start in 2024 https://utm.io/uhpKB ► Free Shopify Business Course https://utm.io/uhpKE ► Join our Shopify community https://utm.io/uhpKC –––––––––––––––––––––––––––––––––––––––––––– -- TOOLS & RESOURCES – ► Sign Up To Shopify Today https://utm.io/uhpKC ► Shopify Masters Podcast @shopifymasters ► Shopify Podcast https://utm.io/uhlvZ ► 10 Amazing AI Tools For Your Business In 2024 https://youtu.be/TKAO1ykK994 ► 10 ChatGPT Tips & Tricks https://youtu.be/88tVeKj0-7k ► How to make money with Instagram Reels https://youtu.be/U831lmASZRY ► The OFFICIAL Shopify Tutorial - The COMPLETE GUIDE https://youtu.be/ferhOYx1NMo –––––––––––––––––––––––––––––––––––––––––––– #Shopify #aitools #businesscoaching #businessideas