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

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)
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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.

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

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

How a founder built a B2B AI startup to serve with 65+ global brands (including Fortune500 companies) (I will not promote)
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Royal_Rest8409This week

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

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

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

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

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

AI Will Make You Extremely Rich or Kill Your Business in 2024
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AntsyNursery58This week

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

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

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

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.

How a Small Startup in Asia Secured a Contract with the US Department of Homeland Security
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Royal_Rest8409This week

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

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

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

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

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

AI Will Make You Extremely Rich or Kill Your Business in 2024
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AntsyNursery58This week

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

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

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

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

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

Only 2 months of cash in the Bank for my business but was able to save it with the help of AI.
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CALLIRDAN90This week

Only 2 months of cash in the Bank for my business but was able to save it with the help of AI.

Hi there! I’m excited to share something very personal with you. We needed to book at least 2 appointments per day in the next 60 days, or my business would fail. We were already trying two acquisition channels, LinkedIn and email. The problem with these channels was that the positive response rate was very low in both. So I decided to focus on LinkedIn and get the attention of the lead by sending videos directly to them via LinkedIn messages. (You can send videos to your connections on LinkedIn if you use your cell phone.) This wasn’t new, but I added a small twist to get the lead’s attention. All the covers of the videos had a picture of me holding a sign with the person’s name and an interesting phrase. This showed some okay results, but the rest of the video was not personalized. Only the picture on the cover was. I even developed a Chrome extension for this because I thought this would be the answer and that I would book tons of appointments.  But after more trial and outreach, my leads responded, telling me that because the video itself wasn’t personalized for them, they felt like I didn’t put enough effort in, so they would not book a call with me. So after investing time and effort into my “new bright idea” and getting developers to make the Chrome extension, I was back to square one with no results. A few weeks went by, and after researching online, I found an online course from a guy who promised to teach me how to book 30+ appointments per month, guaranteed (at the time, I was making 2 or 3 appointments per week, maximum). He promised that I would only pay if he actually booked appointments for me and even offered to give me money if his course didn’t work for me. I never paid attention to internet gurus, but the offer was actually not bad, so I looked into this guy’s website. I found out he had hundreds of reviews from people who had taken his course and were talking amazing things about it. The more I read, the more excited I got. I booked a call that day and talked to a salesperson. The call was very short, and he promised I would get at least 2 appointments per day, easily. He seemed a bit cocky and told me that I just needed to trust him and the 100+ reviews from people who had taken the course. He didn’t share details, a proposal, or anything. I asked the price, and he told me it was close to $10k. (Not kidding, this was the price.) Then he told me that I would make the money back in no time with the clients I would get following his course, and that if it didn’t work, he would give me the money back. But I needed to follow everything the course said for at least 6 months. I had never paid $10k for anything in my life; it was extremely expensive for me. Also, my salary from my business was not in dollars but in a currency that was worth much less than the dollar. I continued to research more and more, but no other course was close to the number of reviews and promises that this guy had. I got desperate and told myself that I would bet everything on this course. If it worked for so many others, surely it would work for me. I got a loan from the bank and paid for the course. You might read this and think it was the most stupid thing ever, but the reality is that after 2 months in the course (I did the course as fast as I could), I learned a lot. The course was not bad; it was very extensive—probably more than 200 hours or so—and they taught a lot of things. I don’t think it was worth $10k for me, but I can see how for other people it might be worth that. Now, to the question you’re all thinking: did it get me the 2 appointments I needed per day? The answer is no. Here’s the thing: most of the techniques they taught were innovative and disruptive, but the focus was always on personalization, and they didn’t teach any way to automate the personalization. (I think, at the time they made the course, the tools didn’t exist yet.) So they taught how to do everything manually, and it took a lot—a lot of time and effort. And most annoyingly: an incredible amount of time doing operational things. I did get 2 appointments on some days, but it wasn’t consistent, and I didn’t have the time to spend 14 hours a day doing everything manually or the money to hire someone to do this for me. (I needed to also spend time delivering our service to our current clients; otherwise, they would leave.) I told them this, and they were very reasonable. After some negotiation, they gave me part of the money back. (To be fair, there was a lot of value in the course, so asking for the full $10k back would have been excessive because, in the end, it really taught me a lot of things I didn’t know.) So in the end, I spent $10k and 200+ hours on an online course, spent time and effort developing a Chrome extension, and was still not able to hit the meetings I needed. Money in the business was running out, and I needed to do something fast, or I was doomed. After investing time and effort in tools, research, and spending $10k and over 200 hours on a course that didn’t deliver the consistent results I needed, I was at a crossroads. My businesses were running out of money, and I knew I needed to find a solution quickly, or everything I had worked for would collapse. It was during this time of desperation that I started exploring other options. One night, while scrolling through the internet, I stumbled upon a 2024 article about how AI was being used to revolutionize various industries. It wasn’t directly related to appointment booking, but it sparked an idea in my mind. What if I could use AI to automate the personalization process that I had learned in the course? It seemed like a long shot, but I had nothing to lose. I started researching AI tools and technologies—YouTube videos, podcasts, pretty much everything related to AI—desperate to find something that could help me scale my outreach without investing too much time, while still maintaining the personalization that was so important. After a lot of trial and error, I found a few tools that showed promise. All of these tools were extremely new. Some of them had just launched the versions I needed just weeks ago. I can say I researched and tested more than 50 AI startups, experimenting with them, testing different approaches, checking prices (the problem was that most of them were cheap but became very expensive when applying the volume I needed to get results), and gradually refining my process. It wasn’t an overnight success, but for the first time, I felt like I was onto something that could truly work. The idea of combining AI personalization with volume was something new, and it gave me hope that I could finally book the meetings I needed without burning out. One day, I sent a video of myself talking—completely AI-generated—to my family chat group and waited for their response. None of them noticed it wasn’t actually me. At that moment, I said to myself: “Okay, I am ready to test this in the real world and see if it works.” Like everything in life, focus is key. As I mentioned earlier, we were already trying outbound strategies on LinkedIn and email, but I decided to narrow my focus to LinkedIn and specifically to video outreach. My goal was to stand out from the crowd, where most people were using text or sending generic videos. I knew that if my videos were 100% personalized, it would make a strong impression on my leads. I focused on two key metrics during my tests: Time spent on manual personalized outreach vs. AI-generated personalized outreach. Positive reply rate for non-personalized manual outreach vs. AI-generated personalized outreach. I ran a test using a sample of 50 one-minute videos sent to 50 leads, and here are the results: Time Spent to Make the Videos: Manual Process: It took me up to 10 hours to create and send 50 personalized videos. This included looking good on camera, brushing my hair, choosing appropriate clothing, ensuring proper lighting, not messing up the script, using a camera holder, recharging the phone, pausing to drink water, avoiding external sounds, being in an appropriate room, downloading the videos, deleting the videos that were not good, and sending the final ones. On average, it took me at least 12.5 minutes per one-minute video. AI Process: With AI, it took me just 32 seconds to create the exact same one-minute personalized video—without saying a word or recording a second of footage. In total, I could make and send the same 50 personalized videos in just 27 minutes. Result: The AI process was 24 times faster. Completely crazy! Positive Reply Rate: Non-Personalized Script (Manual): Using a good script without personalization (no name, job title, city, company, etc.) resulted in a positive reply rate of 4-6% on LinkedIn, including follow-ups. Personalized Script (AI): Using the same script but adding personalized details like the lead's name, company, city, and job title resulted in a positive reply rate of 15-20%, including follow-ups. Result: AI personalization led to 3x (three times) more replies. The best part was the responses. Almost everyone who replied thanked me for taking the time to research them, congratulated me on my speech, and appreciated the personalization and eloquence of my message.  These metrics were a complete breakthrough for me. I researched online to see if anyone else had done something similar, but I couldn’t find anything close. After achieving these metrics, booking the two appointments I desperately needed became easy. In fact, in the last 10 weeks, I’ve been able to consistently book 3-4 appointments per day. This success allowed me to train someone in my company to handle the process, freeing me up to focus on other aspects of the business and ultimately saving it. With the AI appointment machine we built, I even have free time now—time that I’ve been using to develop a methodology and tech tools that I now teach to others. I named the methodology Clip2Lead as a reference to the first Chrome extension I developed that didn’t work but ended up being the first step toward everything that followed. I’ve condensed everything I learned and throughout my experiences into a simple and short FREE training where I cover the entire AI appointment booking process. This includes how to find leads, create scripts, set up follow-up sequences, generate AI videos, clone your voice, compare non-AI metrics with AI metrics, and even navigate AI safety controls. I also offer Chrome extensions that helped me automate the process even further, so you can spend your time closing deals or focusing on other acquisition channels, while your AI machine for booking appointments runs with minimal effort from you. If you’re interested please get in touch with me and thank you for taking the time to read my personal story.

A lead generation agency using personalized physical outreach
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IAmRogueStarThis week

A lead generation agency using personalized physical outreach

Hey guys! I’ve been experimenting with different outbound marketing strategies to target digital marketing agencies, specifically CEOs and founders, to promote an AI software. In the message, I invite them to test it out for free. I ran two campaigns: one using only cold email and the other combining handwritten direct mail with email follow-ups. Here are the results: Campaign 1: Cold email (3-email sequence) 200 prospects 22 responses (11%) 7 meetings booked (3.5%) Campaign 2: Handwritten direct mail + 2 follow-up emails 33 prospects 3 responses (9%) 2 meetings booked (6%) The handwritten letter approach seems more personalized and leads to better conversion rates for booked meetings (6% vs. 3.5%), but the small sample size (33 prospects) makes it hard to draw solid conclusions, I guess. My Plan This experiment got me thinking: I’d like to launch a lead generation agency to help B2B companies get meetings with their dream clients. My focus would be on sending personalized physical objects—like handwritten letters—as the first touchpoint, followed by other outreach strategies. I’m wondering: Should I increase the number of prospects contacted with handwritten direct mail to 100 to validate the results? Do you think this approach is scalable and worth investing in compared to traditional email outreach? Have you ever tried using personalized physical objects for outbound marketing? If so, what worked for you? Your feedback would be very appreciated! Thank you :)

coca
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phodalMar 21, 2025

coca

Coca - toolbox for system refactoring and analysis !GitHub release (latest SemVer) !GitHub go.mod Go version Coca is a toolbox which is design for legacy system refactoring and analysis, includes call graph, concept analysis, api tree, design patterns suggest. Coca 是一个用于系统重构、系统迁移和系统分析的工具箱。它可以分析代码中的测试坏味道、模块化分析、行数统计、分析调用与依赖、Git 分析以及自动化重构等。 Related Tools: Coco is an effective DevOps analysis and auto-suggest tool. Kotlin version: Chapi Migration Guide (Chinese Version): 《系统重构与迁移指南》 Inspired by: newlee & Tequila Refactoring Modeling: !Refactoring Modeling Languages Support: Java (full features) Features List: Getting started Requirements: graphviz for dot file to image (such as svg, png) The easiest way to get coca is to use one of the pre-built release binaries which are available for OSX, Linux, Windows on the release page. You can also install yourself : Usage Analysis Arch Android Studio Gradle DSL Module (merge header) command: coca arch -x "com.android.tools.idea.gradle.dsl" -H true !Gradle Demo Android Studio Gradle DSL Module Elements Part: command: coca arch -x "com.android.tools.idea.gradle.dsl.parser.elements" !Gradle Demo Find Bad Smells Examples Result: Code Line Count Results: Results to json Cloc by directory results csv: Cloc Top File output to: cocareporter/sortcloc.json and also: Build Deps Tree Examples Results: !Call Demo Identify Spring API !API Demo With Count or multi package: coca api -r com.macro.mall.demo.controller.,com.zheng.cms.admin.,com.phodal.pholedge -c Git Analysis Results: Concept Analyser Results Examples: Count Refs Results: Reverse Call Graph Results: !RCall Demo Auto Refactor support: rename move remove unused import remove unused class Evaluate Arduino Results(Old Version): New Version: Evaluate.json examples Todo results: coca suggest +--------+------------------+--------------------------------+ | CLASS | PATTERN | REASON | +--------+------------------+--------------------------------+ | Insect | factory | too many constructor | | Bee | factory, builder | complex constructor, too | | | | many constructor, too many | | | | parameters | +--------+------------------+--------------------------------+ coca tbs bash +---------------------+---------------------------------------------------------------+------+ | TYPE | FILENAME | LINE | +---------------------+---------------------------------------------------------------+------+ | DuplicateAssertTest | app/test/cc/arduino/i18n/ExternalProcessOutputParserTest.java | 107 | | DuplicateAssertTest | app/test/cc/arduino/i18n/ExternalProcessOutputParserTest.java | 41 | | DuplicateAssertTest | app/test/cc/arduino/i18n/ExternalProcessOutputParserTest.java | 63 | | RedundantPrintTest | app/test/cc/arduino/i18n/I18NTest.java | 71 | | RedundantPrintTest | app/test/cc/arduino/i18n/I18NTest.java | 72 | | RedundantPrintTest | app/test/cc/arduino/i18n/I18NTest.java | 77 | | DuplicateAssertTest | app/test/cc/arduino/net/PACSupportMethodsTest.java | 19 | | DuplicateAssertTest | app/test/processing/app/macosx/SystemProfilerParserTest.java | 51 | | DuplicateAssertTest | app/test/processing/app/syntax/PdeKeywordsTest.java | 41 | | DuplicateAssertTest | app/test/processing/app/tools/ZipDeflaterTest.java | 57 | | DuplicateAssertTest | app/test/processing/app/tools/ZipDeflaterTest.java | 83 | | DuplicateAssertTest | app/test/processing/app/tools/ZipDeflaterTest.java | 109 | +---------------------+---------------------------------------------------------------+------+ coca deps -p fixtures/deps/mavensample +---------------------------+----------------------------------------+---------+ | GROUPID | ARTIFACTID | SCOPE | +---------------------------+----------------------------------------+---------+ | org.flywaydb | flyway-core | | | mysql | mysql-connector-java | runtime | | org.springframework.cloud | spring-cloud-starter-contract-verifier | test | +---------------------------+----------------------------------------+---------+ bash brew install go bash export GOROOT=/usr/local/opt/go/libexec export GOPATH=$HOME/.go export PATH=$PATH:$GOROOT/bin:$GOPATH/bin git clone https://github.com/modernizing/coca go get github.com/onsi/ginkgo go get github.com/onsi/gomega `` License Arch based on Tequila Git Analysis inspired by Code Maat Test bad smells inspired by Test Smell Examples @ 2019 A Phodal Huang's Idea. This code is distributed under the MPL license. See LICENSE` in this directory.