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Selling equity - what’s next?
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found_it_online_01This week

Selling equity - what’s next?

Hey all, Seeking some guidance / advice as I plan my exit from a marketing agency I helped grow to $5M Long story short, I was hired part time to build their digital marketing department that sat at around 40k annual agency revenue. Since then I’ve become a minority equity partner, and at one point the agency was above $5M in gross agency revenue. The digital department that I run had up to 13 FTE employees at one point And digital revenue accounted for 60% of all agency revenue for the last 3-4 years. So, why am I leaving? Things are groovy, right? Well, we have dropped from $5M to now $3M this year and we’ll be lucky to hit that. As a minority equity party it’s been hard to watch leadership continue to disregard our agency as a digital agency. They don’t want to niche down, and they don’t want to identify as a digital agency, but instead by a full service “strategic agency”. Clients have felt our lack of expertise and direction, so they leave for someone who is an expert in xyz platform or industry. I no longer see their vision, and so I’m planning a sale of my equity and looking for new venture opportunities. While I am perfectly capable of running Google ads and Facebook ads campaigns, and as an accomplished SEO I know how to rank sites, and still find it fun. But I’m not interested in the labor arbitrage model of agency work anymore. I’d rather build a portfolio of in-house properties or digital assets where I have more control. Lately my obsession has been using AI and zapier to automate business processes, documentation, project management etc. Agency life has also exposed me to a lot of industries and business models, which I am always fascinated by. Eventually I will launch my own business, but I’m supporting my partner while they finish school. So I’m a single income household.. Therefore a W2 would be ideal but I’m open to contract work. So my question is- what positions or roles would I fill? I’ve done my share of research but this community has always given me new things to consider. Any feedback or questions are welcomed.

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

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

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

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

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

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

Partnership revenue share uncertainty as test before any equity discussions, please help, urgent
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jayn35This week

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

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

I fell into the builder's trap and need help getting out
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stellarcitizenThis week

I fell into the builder's trap and need help getting out

Hi r/startups, First-time technical founder here. Two years ago, I decided to leave the 9-5 grind and build something meaningful. Now, I have (what I believe is) a brilliant technical solution but no clear business case. I’m seeking a cofounder with product and marketing expertise to help pivot my project into a viable business - or start a new one. Details below. About Me 36yo, born in Berlin and moved to San Francisco 8 years ago Master's in Software Engineering with 15 years of experience Worked with early-stage startups in Berlin and a venture studio in SF Spent the past years leading a team of 12 shipping enterprise software The tech I've built An AI engine that makes it easy for developers to automate their workflows. It works with code, issues, PRs and integrates with 3rd party systems like error trackers, wikis, ticketing systems, etc. It takes natural language instructions, fulfills them autonomously and responds with a result. The functionality is served as a platform, with an API and an SDK. On top of it, I've built a CLI and a web application with productivity tools for developers. Who and what I'm looking for My main goal is to leave my current job and build a company around a problem that matters to me, ideally with considerable equity. I’m looking for: A cofounder with product and marketing expertise who sees potential in my tech and can help turn it into a successful business—or someone with a strong business case who needs a technical founder. Mentorship from someone experienced in dev tool startups or as a successful solo founder. I’d love to learn from your journey and would be happy to offer my technical expertise or collaborate on projects in return. Happy to answer any questions or provide more details. Cheers!

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

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

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

How I made a high tech salary in my first selling month
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Ok_Negotiation_2587This week

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

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

What questions to ask to evaluate an offer from start up?
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xcitechThis week

What questions to ask to evaluate an offer from start up?

Hello! I am presently working working as a Data Scientist with a medium sized company. Last year my boss left the company to start his own. Very recently his non-solicitation clause expired, and he asked me to join his startup. While I know almost everything about the product idea, and the technical aspect of the startup - I have very less information on more critical points like funding, equity sharing, etc. He has made a verbal unofficial offer, and I have asked for a week to prepare my list of questions for him for me to be able to evaluate his offer. Since I have no knowledge of the startup scene, I would like some help regarding the questions I should put forward to him. Mentioned below are what I know so far and the offer: The company was started by two people, both working full time on it. I would be the third person on the team. The startup aims to introduce AI in a field which has lagged behind in the introduction of technology by at least 2 decades. The big players in this field are conservative, but now they are opening up towards embracing new technology. Personally I have confidence in their idea, and feel this will be a sustainable and profitable company. The offered salary is about 60% of what I make right now. The equity offered is 2%. I do not know the details of the funding they have received so far or the equity split. Any pointers in helping me frame my questions for the evaluation of the offer would be very helpful! Thank you

Zero To One [Book Review]
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AlmostARockstarThis week

Zero To One [Book Review]

If you don't feel like reading - check out the video here ##Introduction The more I read into Peter Thiel's background, the more ridiculous it seems.. He’s been involved in controversies over: Racism, Sexism, and, [Radical Right wing libertarianism.] (https://www.bloomberg.com/news/articles/2016-07-21/the-strange-politics-of-peter-thiel-trump-s-most-unlikely-supporter) He’s built a tech company that helps the NSA spy on the world. He supported Donald Trumps presidential campaign. He’s funding research on immortality And to top it off, he helped bankrupt online media company and blog network Gawker by funding Hulk Hogan’s sex tape lawsuit - after a report of his rumoured Homosexuality rattled his chain… Zero to One clearly reflects his unique attitude and doesn't pull any punches with a genuinely interesting point of view, that has clearly worked in the past, to the tune of almost 3 billion USD. But at times, his infatuation with the All American attitude is a little much…and, quite frankly, he’s not the kind of guy I could sit and have a pint with…without grinding my teeth anyway. The content is adapted from Blake Masters' lecture notes from Thiel's 2012 Stanford Course. This definitely helped keep the book concise and fast paced, at least compared to other books I’ve reviewed. The type of content is also quite varied, with a good spread from completely abstract theories — like the Technology vs. Globalisation concept, where the book get's it's title — to practical examples such as the analysis of personalities in chapter 14, "The Founders Paradox" covering Elvis Presley, Sean Parker, Lady Gaga and Bill Gates to name a few. ###Pros Monopolies To most people a monopoly is a negative thing. But while perfect competition can drive down costs and benefit the consumer - competition is bad for business. In fact, in Thiel's opinion, every startup should aim to be a monopoly or, as he puts it: Monopoly is the condition of every successful business. I like his honesty about it. While I’m not sure about the morality of encouraging monopolies at a large scale, I can see the benefit of thinking that way when developing a startup. When you're small, you can’t afford to compete. The best way to avoid competition is to build something nobody can compete with. The concept is summed up nicely at the end of chapter 3: Tolstoy opens Anna Karenina by observing: ‘All happy families are alike; each unhappy family is unhappy in its own way.’ Business is the opposite. All happy companies are different: each one earns a monopoly by solving a unique problem. All failed companies are the same: they failed to escape competition. Pareto The Pareto Law, which you might remember as the 80/20 rule in Tim Ferris’ The Four Hour Work Week, is often used synonymously with the power law of distribution, and shows up everywhere. Thiel refers to it in his section on The Power Law of Venture Capital. If Tim Ferris recommends identifying and removing the 20% of things that take 80% of your effort - Thiel recommends finding the 20% of investments that make 80% of your return. Anything else is a waste. Soberingly, he also suggests that the Pareto Law means: ...you should not necessarily start your own company, even if you are extraordinarily talented. But to me this seems more like a venture capitalists problem, than an entrepreneurs problem - Personally, I believe there’s far more benefit in starting up your own company that purely profit. ###Cons Man and machine? Content-wise, there is very little to dislike in this book. As long as you accept that the book is written specifically for startups - where anything short of exponential growth is considered a failure - it’s exceptionally on point. However, there are a couple sections dotted throughout the book where opinion and wild speculation began to creep in. Chapter 12 is a good example of this entitled: Man and Machine. It’s a short chapter, 12 pages in total, and Thiel essentially preaches and speculates about the impact of better technology and strong AI. I like to dog ear pages with interesting or useful content so I can come back later, but this entire chapter remains untouched. America, fuck yeah! It would be really difficult for a personality as pungent as Theil's to go entirely unnoticed in a book like this, and indeed it breaks through every now and then. I only had a feint idea of Thiel's personality before I read the book, but having read up on his background, I’m actually surprised the book achieves such a neutral, if pragmatic, tone. Pretty early on in the book however, we are introduced to Thiel's concept of Economic Optimism and quite frankly the whole of chapter 6 should have been printed on star spangled, red white and blue pages. I’m not necessarily against the egotistic American spirit but when Thiel writes, in relation to European Pessimism: the US treasury prints ‘in god we trust’ on the dollar; the ECB might as well print ‘kick the can down the road’ on the euro I can smell the bacon double cheese burgers, with those tiny little American flags from here. Ooh Rah! ###TL;DR (a.k.a: Conclusion) Overall, however, I really did enjoy this book and I can see myself coming back to it. Peter Thiel IS controversial, but he has also been undeniably successful with a career punctuated by bold business decisions. The ideas in the book reflect this mind set well. Yes, he backed Trump, be he also (sadly) backed the winner.

Practical tips on hiring the best people? Which country? Remote vs. In Person?
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corporateshill32This week

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

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

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

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

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

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

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

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

Technical Co-Founder Seeking Commercial/Marketing Partner for Micro SaaS Projects
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Weekly-Offer-4172This week

Technical Co-Founder Seeking Commercial/Marketing Partner for Micro SaaS Projects

Hi everyone, I’m looking for a commercial or marketing co-founder to join me in developing some Micro SaaS (MSaaS) apps. Here’s a bit about where I’m coming from and what I’m hoping to find: About Me: I’m a full-stack developer with over 15 years of experience, including some work in AI. I’m currently working part-time, which gives me the time to focus on developing MVPs quickly. I’m passionate about creating SaaS solutions and would love to find someone who can help bring these ideas to life. Based in french alps. What I’m Looking For: Role: Non-Technical Co-Founder (Commercial/Marketing) Location: Remote Equity: 50% co-founder stake What I’m Hoping You’ll Bring: Experience: Background in business development, marketing, or similar fields. Vision: An eye for potential in new SaaS ideas and a drive to help make them successful. Commitment: Enthusiasm for building and growing a business together. What’s In It For You: Revenue Potential: Share in the financial rewards of successful products with a 50% equity stake, giving you a direct share of the profits. Fast ROI: Benefit from rapid MVP development, which allows for quicker validation and faster revenue generation. Dynamic Approach: We move quickly—if an app doesn’t gain traction in a few weeks, we pivot to the next idea, keeping our efforts focused on what works. Financial Growth: As we iterate and scale, there are opportunities for significant financial upside based on the success of our products. Shared Success: Be an integral part of a partnership where both of us share equally in the risks and rewards, creating a strong incentive for mutual success. What’s In It For You: Partnership: Equal share in the business (50/50). Opportunity: Work on interesting MSaaS projects with room for creativity. Flexibility: A remote role that fits around your schedule. If you’re interested or would like to learn more, please reach out. I’d be thrilled to discuss how we might work together. Thank you for considering this!

How I made a high tech salary in my first selling month
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Ok_Negotiation_2587This week

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

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

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

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

Am I on the right track?
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ayezee33This week

Am I on the right track?

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

After building an AI Co-founder to solve my startup struggles, I realized we might be onto something bigger. What problems would you want YOUR AI Co-founder to solve?
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Consistent_Yak6765This week

After building an AI Co-founder to solve my startup struggles, I realized we might be onto something bigger. What problems would you want YOUR AI Co-founder to solve?

A few days ago, I shared my entrepreneurial journey and the endless loop of startup struggles I was facing. The response from the community was overwhelming, and it validated something I had stumbled upon while trying to solve my own problems. In just a matter of days, we've built out the core modules I initially used for myself, deep market research capabilities, automated outreach systems, and competitor analysis. It's surreal to see something born out of personal frustration turning into a tool that others might actually find valuable. But here's where it gets interesting (and where I need your help). While we're actively onboarding users for our alpha test, I can't shake the feeling that we're just scratching the surface. We've built what helped me, but what would help YOU? When you're lying awake at 3 AM, stressed about your startup, what tasks do you wish you could delegate to an AI co-founder who actually understands context and can take meaningful action? Of course, it's not a replacement for an actual AI cofounder, but using our prior entrepreneurial experience and conversations with other folks, we understand that OUTREACH and SALES might actually be a big problem statement we can go deeper on as it naturally helps with the following: Idea Validation - Testing your assumptions with real customers before building Pricing strategy - Understanding what the market is willing to pay Product strategy - Getting feedback on features and roadmap Actually revenue - Converting conversations into real paying customers I'm not asking you to imagine some sci-fi scenario, we've already built modules that can: Generate comprehensive 20+ page market analysis reports with actionable insights Handle customer outreach Monitor competitors and target accounts, tracking changes in their strategy Take supervised actions based on the insights gathered (Manual effort is required currently) But what else should it do? What would make you trust an AI co-founder with parts of your business? Or do you think this whole concept is fundamentally flawed? I'm committed to building this the right way, not just another AI tool or an LLM Wrapper, but an agentic system that can understand your unique challenges and work towards overcoming them. Whether you think this is revolutionary or ridiculous, I want to hear your honest thoughts. But more importantly, I want to hear your unfiltered feedback in the comments. What would make this truly valuable for YOU? Edit 1: The AI cofounder will take no equity in your startup.

I fell into the builder's trap and need help getting out
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stellarcitizenThis week

I fell into the builder's trap and need help getting out

Hi r/startups, First-time technical founder here. Two years ago, I decided to leave the 9-5 grind and build something meaningful. Now, I have (what I believe is) a brilliant technical solution but no clear business case. I’m seeking a cofounder with product and marketing expertise to help pivot my project into a viable business - or start a new one. Details below. About Me 36yo, born in Berlin and moved to San Francisco 8 years ago Master's in Software Engineering with 15 years of experience Worked with early-stage startups in Berlin and a venture studio in SF Spent the past years leading a team of 12 shipping enterprise software The tech I've built An AI engine that makes it easy for developers to automate their workflows. It works with code, issues, PRs and integrates with 3rd party systems like error trackers, wikis, ticketing systems, etc. It takes natural language instructions, fulfills them autonomously and responds with a result. The functionality is served as a platform, with an API and an SDK. On top of it, I've built a CLI and a web application with productivity tools for developers. Who and what I'm looking for My main goal is to leave my current job and build a company around a problem that matters to me, ideally with considerable equity. I’m looking for: A cofounder with product and marketing expertise who sees potential in my tech and can help turn it into a successful business—or someone with a strong business case who needs a technical founder. Mentorship from someone experienced in dev tool startups or as a successful solo founder. I’d love to learn from your journey and would be happy to offer my technical expertise or collaborate on projects in return. Happy to answer any questions or provide more details. Cheers!

I fell into the builder's trap and need help getting out
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stellarcitizenThis week

I fell into the builder's trap and need help getting out

Hi r/startups, First-time technical founder here. Two years ago, I decided to leave the 9-5 grind and build something meaningful. Now, I have (what I believe is) a brilliant technical solution but no clear business case. I’m seeking a cofounder with product and marketing expertise to help pivot my project into a viable business - or start a new one. Details below. About Me 36yo, born in Berlin and moved to San Francisco 8 years ago Master's in Software Engineering with 15 years of experience Worked with early-stage startups in Berlin and a venture studio in SF Spent the past years leading a team of 12 shipping enterprise software The tech I've built An AI engine that makes it easy for developers to automate their workflows. It works with code, issues, PRs and integrates with 3rd party systems like error trackers, wikis, ticketing systems, etc. It takes natural language instructions, fulfills them autonomously and responds with a result. The functionality is served as a platform, with an API and an SDK. On top of it, I've built a CLI and a web application with productivity tools for developers. Who and what I'm looking for My main goal is to leave my current job and build a company around a problem that matters to me, ideally with considerable equity. I’m looking for: A cofounder with product and marketing expertise who sees potential in my tech and can help turn it into a successful business—or someone with a strong business case who needs a technical founder. Mentorship from someone experienced in dev tool startups or as a successful solo founder. I’d love to learn from your journey and would be happy to offer my technical expertise or collaborate on projects in return. Happy to answer any questions or provide more details. Cheers!

What I Learned from a Failed Startup: Seeking Advice on Engineering, Co-Founder Agreements & Execution (i will not promote)
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GummyBear8659This week

What I Learned from a Failed Startup: Seeking Advice on Engineering, Co-Founder Agreements & Execution (i will not promote)

Hey everyone! Long-time lurker, first-time founder here. I’m reaching out to get feedback on a recent startup experience—what went wrong, what I could have done better, and how I should approach future opportunities. The Background There were three founders in this venture: • Founder A (CEO, 50%) – The product/growth guy who identified the problem space. • Founder B (Me, CTO, 37.5%) – A software engineer with a software dev shop and multiple clients. I wanted to diversify into building my own products but am not inherently a “product person.” • Founder C (COO, 12.5%) – Brought into the mix by Founder A, with the goal of leveraging his network for traction once the product was built. The idea was to create Product X, a solution targeting the SMB space while competitors were moving upmarket. It wasn’t revolutionary—more of a strategic market play. The Initial Plan & My Role • Founder A would define and prioritize product specs, guiding what needed to be built. • I (Founder B) didn’t have time to code myself, so I allocated engineers from my dev shop (which I personally paid for). My stake was adjusted from 32.5% to 37.5% to reflect this contribution. • Founder C was more of an observer early on, planning to help with traction once we had a product ready. We agreed on a 1-year cliff and a 4-year vesting schedule for equity. Where Things Started to Go Wrong • Lack of a Clear Product Roadmap – Founder A was very focused on getting something built fast, but we never signed off on a structured roadmap or milestones. I underestimated the complexity of what was actually needed for customer conversations. • Engineering Expectations vs. Reality – The team (one part-time lead + two full-time juniors from my dev shop) faced early feedback that development was too slow. In response, I ramped up the lead to full-time and added a part-time PM. But Founder A continued pushing for speed, despite real hurdles (OAuth integrations, etc.). • Shifting MVP Goalposts – Midway, Founder A concluded that an MVP wouldn’t cut it—we needed a more complete product to be competitive. This meant more engineering, more delays, and more of my own money spent on development. The Breaking Point Near the 1-year vesting mark, we had an opportunity: a paying client willing to fund an app. I didn’t have devs on the bench, so I asked Founder A to hold off our project briefly while I hired more engineers to avoid stalling either effort. This was the final straw. Founder A (with Founder C somewhat aligned) decided the arrangement wasn’t working—citing past disagreements and the “slowness” issue. The decision was made to end the partnership. Now, Founder A, as majority holder, is requesting a full handover of the code, Founder C is indifferent, and all engineering costs I covered are essentially lost. Key Takeaways (So Far) Crystal-Clear Agreements Upfront – A formalized product roadmap and timeline should’ve been locked in from day one. Business Needs > Engineering Standards – I wanted to build something solid and scalable, but in an early-stage startup, speed to market is king. This was before AI tools became mainstream, so our approach wasn’t as optimized. Don’t Overextend Without Protection – I personally financed all engineering, but without clear safeguards, that investment became a sunk cost. Expenses Must Be Distributed – I was solely covering engineering salaries, which created an imbalance in financial risk. Future partnerships should ensure costs are shared proportionally, rather than one person shouldering the burden. Where I Need Advice Looking back, I want to improve as an engineer, CEO, and co-founder. • What should I have done differently in structuring this partnership? • How do you balance engineering quality with the startup need for speed? • As a dev shop owner, how can I better navigate equity deals where I’m also bringing in engineering resources? I really appreciate everyone who went through this long post and provide any insights from founders, engineers, or anyone who has been in a similar situation. Thanks for reading! ===================================================================== For readers who might be thinking what set this type of expectation? Because I had a dev shop and I thought my co-founders will be understanding of my business circumstance and I was a bit trigger to build a product with a C-exec team, I gave the impression of "unlimited" engineering which I later realized down the line that it was not feasible for me. Something I learned that I have to be more careful with and set expectations accordingly from the very beginning. And from the feedback of the commenters here, I am much more aware what I should offer and how to set expectations, esp. in the early stages of execution. So thank you all! 🙏🏾 EDIT: I would like to thank everyone who contributed to this thread. You not only helped me but future founders who are considering to get into the startup scene!

I started a Tech Startup, and I feel totally STUCK.
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BetAltruistic6556This week

I started a Tech Startup, and I feel totally STUCK.

I made "Visual Love," a Computer Vision/AI-driven matchmaking platform. The idea is that although appearance is one of the biggest factors for starting a relationship, current matchmaking services and dating apps do not have the capability to search for people based on appearance. On Visual Love, you can find your ideal match simply by uploading a picture of your "ideal type." Also, you can connect with someone who thinks of you as their ideal type, simply by uploading your own picture. Or, there might be a perfect (mutually ideal) match. I made this CV/AI algorithm to scan faces, retrieve facial features, and make it possible to find the closest match among millions of others in a second. On average, regular dating app users swipe 8000 times over 8 months until they find their love. On Visual Love, users can find one in a million just in a second. You can try the tech demo on the website if you want to (find the link through my LinkedIn at the bottom of the post; I have to follow the "I will not promote" rule.) I thought this app would have the best chance in Asia, as people care a lot more about appearance in Asia (especially Korea and Japan). Also, my nationality is Korean, and I speak both Korean and Japanese as fluently as I speak English. So I came to Korea, and pitched to a number of VC/AC firms in Korea and Japan, and two of them were typically intersted in making investment. However, they both required me to provide market validation: how much it would cost per user acquisition, how much each user would pay on average, and etc, even after I provided them with a 3-years financial projection including market research based on other dating apps. &#x200B; Everything might be going just as expected, or even better than anticipated, but I'm feeling very stuck now. I am not a business expert, and I don't have much idea on how to proceed from here. The problem is, it wouldn't quite work as expected when there are not many users. If I start with a small group of users, it's not any better than any other dating app. Matching users within a small group doesn't quite reflect the values of Visual Love. So I figured a way around: making a game version of Visual Love targeting 100k to 500k users to work as an initial distribution channel. This version will include finding look-alike celebrities, and solving look-alike face puzzles, and etc. But now, the problem is, I cannot continue this project by myself. I have no social/financial support, and I'm running low on cash. Also, although I'm from Korea, I lived in many different countries. I did my undergraduate in New York (Columbia University) and all my friends are in the US. I don't feel very included here. I can't stop feeling frustrated and distressed :( I'm sure Visual Love can reshape the future of the matchmaking market. But, only if I can continue this project by getting the fund I require. I'm open to any advice, and if you're interested in providing any help or working with me, please contact me through LinkedIn. https://www.linkedin.com/in/don-lee-3853b1264/

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

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

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

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

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

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

Just raised and here are the stats (July 2024)
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tylersellarsThis week

Just raised and here are the stats (July 2024)

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

How I made a high tech salary in my first selling month
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Ok_Negotiation_2587This week

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

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

After building an AI Co-founder to solve my startup struggles, I realized we might be onto something bigger. What problems would you want YOUR AI Co-founder to solve?
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Consistent_Yak6765This week

After building an AI Co-founder to solve my startup struggles, I realized we might be onto something bigger. What problems would you want YOUR AI Co-founder to solve?

A few days ago, I shared my entrepreneurial journey and the endless loop of startup struggles I was facing. The response from the community was overwhelming, and it validated something I had stumbled upon while trying to solve my own problems. In just a matter of days, we've built out the core modules I initially used for myself, deep market research capabilities, automated outreach systems, and competitor analysis. It's surreal to see something born out of personal frustration turning into a tool that others might actually find valuable. But here's where it gets interesting (and where I need your help). While we're actively onboarding users for our alpha test, I can't shake the feeling that we're just scratching the surface. We've built what helped me, but what would help YOU? When you're lying awake at 3 AM, stressed about your startup, what tasks do you wish you could delegate to an AI co-founder who actually understands context and can take meaningful action? Of course, it's not a replacement for an actual AI cofounder, but using our prior entrepreneurial experience and conversations with other folks, we understand that OUTREACH and SALES might actually be a big problem statement we can go deeper on as it naturally helps with the following: Idea Validation - Testing your assumptions with real customers before building Pricing strategy - Understanding what the market is willing to pay Product strategy - Getting feedback on features and roadmap Actually revenue - Converting conversations into real paying customers I'm not asking you to imagine some sci-fi scenario, we've already built modules that can: Generate comprehensive 20+ page market analysis reports with actionable insights Handle customer outreach Monitor competitors and target accounts, tracking changes in their strategy Take supervised actions based on the insights gathered (Manual effort is required currently) But what else should it do? What would make you trust an AI co-founder with parts of your business? Or do you think this whole concept is fundamentally flawed? I'm committed to building this the right way, not just another AI tool or an LLM Wrapper, but an agentic system that can understand your unique challenges and work towards overcoming them. Whether you think this is revolutionary or ridiculous, I want to hear your honest thoughts. But more importantly, I want to hear your unfiltered feedback in the comments. What would make this truly valuable for YOU? Edit 1: The AI cofounder will take no equity in your startup.

What I Learned from a Failed Startup: Seeking Advice on Engineering, Co-Founder Agreements & Execution (i will not promote)
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GummyBear8659This week

What I Learned from a Failed Startup: Seeking Advice on Engineering, Co-Founder Agreements & Execution (i will not promote)

Hey everyone! Long-time lurker, first-time founder here. I’m reaching out to get feedback on a recent startup experience—what went wrong, what I could have done better, and how I should approach future opportunities. The Background There were three founders in this venture: • Founder A (CEO, 50%) – The product/growth guy who identified the problem space. • Founder B (Me, CTO, 37.5%) – A software engineer with a software dev shop and multiple clients. I wanted to diversify into building my own products but am not inherently a “product person.” • Founder C (COO, 12.5%) – Brought into the mix by Founder A, with the goal of leveraging his network for traction once the product was built. The idea was to create Product X, a solution targeting the SMB space while competitors were moving upmarket. It wasn’t revolutionary—more of a strategic market play. The Initial Plan & My Role • Founder A would define and prioritize product specs, guiding what needed to be built. • I (Founder B) didn’t have time to code myself, so I allocated engineers from my dev shop (which I personally paid for). My stake was adjusted from 32.5% to 37.5% to reflect this contribution. • Founder C was more of an observer early on, planning to help with traction once we had a product ready. We agreed on a 1-year cliff and a 4-year vesting schedule for equity. Where Things Started to Go Wrong • Lack of a Clear Product Roadmap – Founder A was very focused on getting something built fast, but we never signed off on a structured roadmap or milestones. I underestimated the complexity of what was actually needed for customer conversations. • Engineering Expectations vs. Reality – The team (one part-time lead + two full-time juniors from my dev shop) faced early feedback that development was too slow. In response, I ramped up the lead to full-time and added a part-time PM. But Founder A continued pushing for speed, despite real hurdles (OAuth integrations, etc.). • Shifting MVP Goalposts – Midway, Founder A concluded that an MVP wouldn’t cut it—we needed a more complete product to be competitive. This meant more engineering, more delays, and more of my own money spent on development. The Breaking Point Near the 1-year vesting mark, we had an opportunity: a paying client willing to fund an app. I didn’t have devs on the bench, so I asked Founder A to hold off our project briefly while I hired more engineers to avoid stalling either effort. This was the final straw. Founder A (with Founder C somewhat aligned) decided the arrangement wasn’t working—citing past disagreements and the “slowness” issue. The decision was made to end the partnership. Now, Founder A, as majority holder, is requesting a full handover of the code, Founder C is indifferent, and all engineering costs I covered are essentially lost. Key Takeaways (So Far) Crystal-Clear Agreements Upfront – A formalized product roadmap and timeline should’ve been locked in from day one. Business Needs > Engineering Standards – I wanted to build something solid and scalable, but in an early-stage startup, speed to market is king. This was before AI tools became mainstream, so our approach wasn’t as optimized. Don’t Overextend Without Protection – I personally financed all engineering, but without clear safeguards, that investment became a sunk cost. Expenses Must Be Distributed – I was solely covering engineering salaries, which created an imbalance in financial risk. Future partnerships should ensure costs are shared proportionally, rather than one person shouldering the burden. Where I Need Advice Looking back, I want to improve as an engineer, CEO, and co-founder. • What should I have done differently in structuring this partnership? • How do you balance engineering quality with the startup need for speed? • As a dev shop owner, how can I better navigate equity deals where I’m also bringing in engineering resources? I really appreciate everyone who went through this long post and provide any insights from founders, engineers, or anyone who has been in a similar situation. Thanks for reading! ===================================================================== For readers who might be thinking what set this type of expectation? Because I had a dev shop and I thought my co-founders will be understanding of my business circumstance and I was a bit trigger to build a product with a C-exec team, I gave the impression of "unlimited" engineering which I later realized down the line that it was not feasible for me. Something I learned that I have to be more careful with and set expectations accordingly from the very beginning. And from the feedback of the commenters here, I am much more aware what I should offer and how to set expectations, esp. in the early stages of execution. So thank you all! 🙏🏾 EDIT: I would like to thank everyone who contributed to this thread. You not only helped me but future founders who are considering to get into the startup scene!

I fell into the builder's trap and need help getting out
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stellarcitizenThis week

I fell into the builder's trap and need help getting out

Hi r/startups, First-time technical founder here. Two years ago, I decided to leave the 9-5 grind and build something meaningful. Now, I have (what I believe is) a brilliant technical solution but no clear business case. I’m seeking a cofounder with product and marketing expertise to help pivot my project into a viable business - or start a new one. Details below. About Me 36yo, born in Berlin and moved to San Francisco 8 years ago Master's in Software Engineering with 15 years of experience Worked with early-stage startups in Berlin and a venture studio in SF Spent the past years leading a team of 12 shipping enterprise software The tech I've built An AI engine that makes it easy for developers to automate their workflows. It works with code, issues, PRs and integrates with 3rd party systems like error trackers, wikis, ticketing systems, etc. It takes natural language instructions, fulfills them autonomously and responds with a result. The functionality is served as a platform, with an API and an SDK. On top of it, I've built a CLI and a web application with productivity tools for developers. Who and what I'm looking for My main goal is to leave my current job and build a company around a problem that matters to me, ideally with considerable equity. I’m looking for: A cofounder with product and marketing expertise who sees potential in my tech and can help turn it into a successful business—or someone with a strong business case who needs a technical founder. Mentorship from someone experienced in dev tool startups or as a successful solo founder. I’d love to learn from your journey and would be happy to offer my technical expertise or collaborate on projects in return. Happy to answer any questions or provide more details. Cheers!

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

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

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

Seeking Your Feedback: SeedHustle and Your Small Business Journey✨
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Seeking Your Feedback: SeedHustle and Your Small Business Journey✨

Hello, everyone, I'm one of the co-founder of SeedHustle, and I wanted to have an authentic discussion with you about our recent developments. SeedHustle is a project dear to us, with the aim of simplifying the often complex process of connecting startups with venture capitalists. 🌟 Why did we embark on this journey? Well, we've been in your shoes, experiencing the frustration of the never-ending search for the right VC partner and the challenges of establishing meaningful connections. This shared experience led to the creation of (https://seedhustle.ai/ ) . So, what's the deal with SeedHustle? It's our effort to streamline the process of finding the ideal VC match. You provide us with your company details, and our AI system goes to work, suggesting potential VCs and explaining why they might be a good fit based on their past investments and backgrounds. We also provide real-time data on their funds. We're currently in the private beta phase and want to extend an invitation to join our Discord community. It's a space where founders can share their stories and possibly make introductions to VCs. As founders who thrive on AI challenges, we believe this could be a game-changer. 👂 I'm here to have an open dialogue. Is there anything you'd like to discuss? Whether it's SeedHustle, our journey, or your own small business experiences, we're all ears. Here are a few conversation starters: \-Does SeedHustle align with your small business journey? \-Do you have any suggestions for how we can improve our platform? \-Is there anything about what we're doing that's unclear or not quite resonating with you? Your feedback is incredibly valuable to us, so please feel free to reach out. Thank you for being a part of this journey, and we hope to see you in our Discord community for a chat! 😊🚀

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

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

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

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

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

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

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

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

The case for micro PE [x-post from r/micro_pe]
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newy66This week

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

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

What I learn from my $200 MRR App I built 4 months ago?
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ricky0603This week

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

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

40% Of SMBs Still Can't Pay Their Rent, Extending High Delinquency From September Into October
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Aegidius25This week

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

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

How I Started Learning Machine Learning
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TechPrimoThis week

How I Started Learning Machine Learning

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

How I Started Learning Machine Learning
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TechPrimoThis week

How I Started Learning Machine Learning

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

Neural Networks you can try to implement from scratch (for beginners)
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Neural Networks you can try to implement from scratch (for beginners)

I was reading a tweet talking about how useful it is to implement neural networks from scratch. How it allowed for a greater understanding of the topic. The author said he found it more useful than other people explaining the concept to him. While I disagree with the author’s opinion that it stops the need for explanations. It certainly does help the understanding of one’s model. I recommend giving it a go. In the blog post, I will suggest which models you should try to implement from scratch using NumPy or your favourite library. Also, I will link to some accompanying resources. Simple Feedforward Network This is the most famous example because it’s so simple. But allows you to learn so much. I heard about this idea from Andrew Trask. It also helped me think about implementing networks from scratch in general. In the Feedforward network, you will be using NumPy. As you won't need Pytorch or TensorFlow. To do the heavy-lifting for complex calculations. You can simply create a Numpy Array for training and testing data. You can also create a nonlinear function using Numpy. Then work out the error rate between the layer’s guess and real data. Resource for this task: https://iamtrask.github.io/2015/07/12/basic-python-network/ Follow this tutorial. It does a much better job of explaining how to do this in NumPy. With code examples to follow. Feedforward Network with Gradient Descent This is an extension of the network above. In this network, we allow the model to optimise its weights. This can also be done in NumPy. Resource for this task: https://iamtrask.github.io/2015/07/27/python-network-part2/ A follow-on from the previous article. Pytorch version of Perceptrons and Multi-layered Perceptrons. Here will go up a level by using a library. Examples I'm using will be done in Pytorch. But you can use whatever library you prefer. When implementing these networks, you learn how much a library does the work for you. Recourses for the task: https://medium.com/@tomgrek/building-your-first-neural-net-from-scratch-with-pytorch-56b0e9c84d54 https://becominghuman.ai/pytorch-from-first-principles-part-ii-d37529c57a62 K Means Clustering Yes, this does not count as a neural network. But a traditional machine learning algorithm is still very useful. As this is non deep learning algorithm it should be easier to understand. This can be done just using NumPy or Pandas depending on the implementation. Recourse for this task: https://www.machinelearningplus.com/predictive-modeling/k-means-clustering/ http://madhugnadig.com/articles/machine-learning/2017/03/04/implementing-k-means-clustering-from-scratch-in-python.html https://gdcoder.com/implementation-of-k-means-from-scratch-in-python-9-lines/ There are quite a few choices to choose from. So pick whatever implementation helps you understand the concepts better. These networks or models should be simple enough that you won't get lost trying to implement them. But still, help learn a few stuff along the way. \- If you found this post useful, then check out my mailing list where I write more stuff like this.

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

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

Let’s Build One Person Business Using 100% AI
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Let’s Build One Person Business Using 100% AI

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

Let’s Build One Person Business Using 100% AI
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AssistanceOk2217This week

Let’s Build One Person Business Using 100% AI

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

Is it too late for me to do a PhD in the US?
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StarxelThis week

Is it too late for me to do a PhD in the US?

In 2019 I started an integrated Masters of Physics at Oxford. Graduated summer of 2023. During that time I first authored an AI research paper with the Oxford AI Society. We tried to get it into ICLR but it got rejected. Managed to get it into a NeurIPS workshop though, however I'm unsure if that holds much weight. The paper also got 21 citations on arxiv which is nice. After graduating, my gf and I broke up (mutually, long distance was too much) and life after university made me quite down. Bad market and struggled to get a job. A friend reached out to me about doing a startup in San Francisco. Did that startup until January 2024 when I quit because I had no money left. Through the connections I made out there I landed a gig at Chroma DB. Did a research contract with them. We didn't make a paper but instead made a technical report. The GitHub repo for the project has gained over 200 stars. However, since I was remote and US visas are a pain, my contract wasn't renewed. I tried starting my own business from July 2024 till December. I managed to secure a long term contract with a US construction company building them software that automates admin via GPT. Still doing this contract now and they've said they're happy to keep me for as long as I want. That's the context. During the winter of 2024 I thought heavily about applying for a PhD in the US. At: CMU, Stanford, Berkeley, MIT, CalTech, etc. However, I knew my profile wasn't strong enough. So I want to apply the winter of 2025. I'm in talks with a few institutions and research groups about doing projects. But is it possible that, starting in February 2025, I can co-author, submit and have accepted a paper into a top conference by December 2025? I feel like I'm too late to this decision and should have skipped that San Francisco startup to just do research projects from the start.

I am building a free app to fight propaganda online. Need your help
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Used_Park_1937This week

I am building a free app to fight propaganda online. Need your help

So long story short I was recently bombarded with an insane amounts of right-wing propaganda online and Russian bots so I decided I can somehow simplify the validation of the facts that are posted by people online. I have made a research of tools that are currently available for that and I've found that ChatGpt is quite biased with some topics and it lacks data about latest issues even when search mode is enabled. At least it takes some time for it to update it's memory or something Then I've checked a Google Fact Check tools which were even worse. Bad UI... I had no idea how it validates things because usually proof links that Google provides are quite random. So I decided to build a tool that simplifies the research. The idea was simple - you have a claim - you paste it in app and it goes on web collects articles on topic then processes them with ai and makes a decision based on those articles. The app is running right now. It is completely free and no ads. Also it generates a small article where it tells about how it made a conclusion. Also I need your help - How can I make this app better? Also feel free to test your claims so that I can have more real data to tune this app on. I believe that this is something that is necessary for all of us especially in those crazy times! Here is the link - truthorfake.com https://preview.redd.it/vp5fbzpyfkne1.png?width=854&format=png&auto=webp&s=84df7913382634614814866c8df743d8378d28dd

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

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

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

I got 400+ new customers in first 48 hours after launch!!!!
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iamjasonlevinThis week

I got 400+ new customers in first 48 hours after launch!!!!

Yesterday I launched my new software and got 400+ customers in 48 hours. I'm gonna break down the product and my launch strategy. What is it? Remember when Elon was taking over Twitter and he emailed the CEO of Twitter Parag Agrawal saying “What did you get done this week?” Well I turned this idea into a software lol. A couple months ago, I had a realization while talking with some friends: I love asking ChatGPT for business advice, but I never remember to actually do it. Now what if there was a pro-active AI business coach that checked in on me every week? Something to keep me accountable and track my progress building my empire. It could have a database where I could see my progress every single week!!! And what if this AI business coach was a simple email that says “What did you get done this week?” So I built this: Elon Email. A weekly 1-on-1 with Elon Musk Every Sunday night for the last month, I’ve been getting a weekly email from Elon Musk saying “What did you get done this week?” I take a few minutes to write back with everything I got done that week: new revenue metrics, a list of the new features I shipped, new employees onboarded, number of workouts, exciting calls and collaboration opportunities, etc. Then an AI trained on Elon would give me tailored advice all in my email. And here's the best part. Rather than a nice friendly soft-spoken AI, I prompted the AI to be as savage and ruthless as Elon with its business advice. And it actually worked. One user said "it's like a slap in the face". I knew with 2025 New Years resolutions coming, I needed to launch it ASAP so I pushed through an all-nighter on Friday and got it launched today. Launch strategy: \> Focus on X (fka Twitter) as main source. I have 31,000 followers on X from the last few years building startups, so I posted my launch this morning there. X is Elon's social media network now so I didn't waste time on other platforms. I basically didn't look up from my phone for like 12 hours (my wife was pissed at me because we're technically on vacation but yolo) and I commented, engaged, and DMed with everyone I could. It paid off with 50,000+ views on the post and nearly 300 likes so far. \> Purposely exclude people. Yes, I know this sounds weird, but you need to purposely exclude some people to focus on the people who will actually use your product. I know a lot of people hate Elon and will hate me for making this. I don't care. I only care about the people who will actually use it aka my customers. The same thing with making it a "savage AI". I know there will be some people who prefer a nice friendly soft AI, but that's not my customer base. The internet is big enough you can find your customer base but you've gotta be willing to exclude some people to speak to the right people! \> Free tier. The weekly Elon email and AI reply is free. I also have a paid tier for a daily email and database access. I know I'm technically losing money on API fees for the free email and AI requests, but it's a loss leader, the costs are actually quite minimal since it's only 1 API request/week, and some % will convert and already have. Doing free was worth it to give people a chance to try it. I hope this helps with your next launch!!!

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

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

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

An Algorithm for Making Truly Stand-Out Advertising Content (+ something more | Part 1)
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asealey1This week

An Algorithm for Making Truly Stand-Out Advertising Content (+ something more | Part 1)

Hi everyone. my friend and I are software engineers and new to marketing. A few months ago we decided to leverage our software skills for a colleague in ecommerce. It started by implementing a Flux.1 model, then began using texture-based recreations with a canny mask, and then found that we could optimize on both with an added layer of inpainting...and the list goes on. This is the first of a series of posts here about it and I look forward to learning from your feedback. I realized that the most difficult parts of the marketing process when I started out (and most likely for other beginners too) are: Customer Acquisition Costs / Brand Differentiation: Competition is intensifying and it is getting more difficult to stand out in crowded markets and target ad spend more effectively. Maintaining Authenticity at Scale / Data Overload: Balancing growth with authenticity and leveraging available data to successfully engage with customers is a big ask. Creative Fatigue: Maintaining multiple marketing channels in hard, and it becomes harder when you're constantly demanding more and more creative content for campaigns. For 1) I tried using AI to help me summarize, systematize, and gain insights from the information available for a given brand or product (from a page link, prompt, input image, etc.). I know AI is everywhere now, many people are using it unnecessarily and many people are skeptical about it. However, I know from experience, that it is quite helpful in gaining insights/summarizing large amounts of data, and helping people make sense of the creative content, strategy, campaign, etc., that should be created. For 2) By leveraging reviews, forums, and other relevant brand information, AI is able to maintain the story that your brand currently tells, and enhance it based on how your customer base. For 3) Faster results means less creative fatigue- this translates to an easier time managing omnichannel marketing efforts and scaling advertising. If you're interested, please have a look at the result at madsimpleads.com You’ll need to log in to access the solution, and I'll add credits to your account to try it out! (we want to prevent from random people or bots using it because I'm paying to multiple providers for model access). DM me here or drop me a line at austin@madsimpleads.com if you need more. Thank you so much, I'll be happy to get your thoughts I hope the website will help with your advertising, please reach out if you like what I do and want to support the project! Disclaimers: the website looks a bit rough in terms of UI/UX, but we tried focusing on the functionality first available on mobile, works better on desktop I hope this doesn't come across as trying to advertise for my business or breaking any of the community rules. genuinely looking for feedback. Thank you

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

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

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

Finally launched my own app in the app store!
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ranftThis week

Finally launched my own app in the app store!

After reading on the sidelines here for about a year I just launched Kalo. My app is the 100th million ai powered calorie-counting app, hahaha. I know I know. Here it comes: Kalo Screenshots Despite being in a crowded space, Kalo has some caveats I am a bit proud of: \- I am a daily user of my app. Everything that bugs me will be gone ASAP. \- I have already lost 10kg with Kalo. I can't do any sports due to an energy-debilitating sickness (hello my me/cfs friends 👋), so this is huge. \- I HATE nudging. Hence, Kalo has no streaks, no notifications to rip off your valuable time. It’s just a tool to track calories and learn to get a feel for it. \- Ease of daily use and doing anything so it doesn't feel like a grind is Kalo's mission. I already implemented a lot of ways to quickly access tracking and leaving the app. \- Next feature will be tracking your own progress with some proper research based analytics is the one next step, that Im working on. \- Data: Minimal footprint as possible. Anything is currently saved only on the device, especially all health data. Check Kalo out here: https://apps.apple.com/de/app/kalo/id6739449751?l=en-GB Tech used to make it possible: There are some terrific security functions in here, and a robust paywall integration, both of which I could never have done without the MVP help of \- Claude and GPT \- Claude's Project function was basically my base project folder here. Claude is perfect when it comes to traditional features. Anything more recent than iOS14 can become a very difficult endeavour \- GPT 4o was great for error logging overview and general sorting measures. Claude's message restriction could be fended of many times here. \- GPT 1o became available more recently and its coding is a lot more robust than 4o. This helped me to not clog Claude with tedious bug fixing. Also it helped when Claude ran away in terrible directions Pre knowledge: I was a digital product designer way back, so I know a thing or two about making things easier to use, especially when it comes to the ease of daily use. Marketing: Will be my biggest focus now. I am quite shit at it, which means It can only get better. It's gonna be some rough weather to get eyes on my app. If anyone thinks they can help or knows how to, any tips are appreciated. Thats it for now. I'll try and keep you updated. I am happy. Let's see if this app will make me happy on a nicer bed, or a jet ski. Again, happy to get your impression of Kalo: https://apps.apple.com/de/app/kalo/id6739449751?l=en-GB

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

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

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

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

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

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

What are Boilerplates?
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What are Boilerplates?

What are Boilerplates? Boilerplate originally referred to the rolled steel used to make boilers for steam engines in the 19th century. Over time, the term evolved to describe any standardized piece of text or code that can be reused without significant changes. Interest in SaaS has been on the rise, and many more people now want to build products. However, building products from scratch takes a lot of time, and it can be extremely frustrating. Enter SaaS Boilerplates With the standardization of stacks and basic systems that govern SaaS tools, it has become evident that there was a need, and the time was ripe for SaaS Boilerplates. SaaS Boilerplates come with landing pages, website components, authentication modules, payment modules, and various other standard features that can save developers a significant amount of time and cost. The market is flooded with Boilerplates for various tech stacks, such as NextJS, Laravel, Swift, NuxtJS, and so forth. Pros and Cons of Boilerplates Pros Save a significant amount of time and money Reduce frustration for developers as the redundant tasks are taken care of Boilerplates often follow best practices For anywhere between $49 and $299, they provide terrific value for those looking to build something very quickly Most importantly, Boilerplates also enable aspiring founders and builders with limited technical resources or abilities to ship their products faster and more cheaply. They are beacons of hope for non-technical founders looking to build a product quickly. Cons Limited flexibility May become outdated fairly quickly Setting them up still requires time Similar landing pages and design themes can make the product look like a clone Marc Lou’s Shipfast For most of us, Marc Lou popularized the idea of SaaS Boilerplate. Marc Lou launched Shipfast in August 2023. He had built 27 projects prior to this and Shipfast was nothing but all his basic code organised properly. At that time, there were no solid NextJS boilerplates, and Shipfast just took off. He got traction via Product Hunt, Twitter and Hacker News and soon Shipfast went viral. Shipfast now generates $130K/mo, just 9 months after its launch. Marc has been building Shipfast in public, which has led to a lot of interest in SaaS Boilerplates. The market is now flooded with boilerplates for every major tech stack. Marc reaped the benefits of the first mover’s advantage as well as the social proof via his Shipfast community. I don’t think any other boilerplates are as successful as Shipfast, but there are quite a few good ones out there. Shipixen* has grossed over $20K in the 5 months Makerkit* does \~$3500/mo Moreover, there are many open-source boilerplates available for popular stacks such as NextJS. The Evolution of Boilerplates Boilerplates are quickly turning into no-code/low-code code generation tools. For instance, Shipixen allows you to generate custom code for landing pages, waitlist pages and blogs using a simple User Interface. Boilerplates are perfectly posied to sit between code and no-code. Allow the flexibility of code with the interface of a no-code tool — that will be the core value proposition of SaaS boilerplates. Should you build a Boilerplate? Well, the market is flooded, but I believe there’s still an opportunity to leverage boilerplates. You can build boilerplates for certain types of apps or tools, such as Chrome extensions Boilerplates can act as a great lead funnel for building out a great productized services business No-code/low-code code generation boilerplates can become a big thing if you can help build complex tools Niche tech stack boilerplates may still be lucrative Known strategies for successfully building a boilerplate 👇🏻 Shipfast thrives because of social proof and community SaaSRock generates most of its traffic from its Gumroad listings and blogs Usenextbase and Shipixen are being built in public Many boilerplates start with waitlists They have a very clear value proposition around saving time and cost Design & No-Code Boilerplates Here is the corrected version with improved grammar and clarity: While SaaS (code) boilerplates have become fairly popular, other types of boilerplates are emerging in the market, such as design boilerplates and no-code boilerplates. To be honest, design boilerplates have been around for a while. You will find numerous landing page packs, component libraries, and so forth. Makers are now building kits that leverage standard libraries and technologies such as Tailwind CSS, Daisy UI, and more. Nick Buzz from the famous baked.design has this *50 Landing Page Design Kit* in Tailwind CSS & Figma which is wildly popular. Lastly, there is a trend of no-code boilerplates as well. Mohit is building a Bubble Boilerplate for the popular no-code platform — Bubble. All in all, I think that people want to build products and build them fast. Boilerplates help them save a significant amount of time and cost. More importantly, boilerplates are impulse purchases for people who have not shipped but who want to ship. Introducing BuilderKit.ai We have been building AI SaaS tools for quite a while now. 10+ products across text, image, speech, RAG — we have built em all. We figured that it seems easy but actually building these so called AI Wrappers can be time consuming and frustrating — there is a lot of nuance to it. So we built BuidlerKit.ai — a NextJS SaaS Boilerpalte It takes care of everything from landing pages, authentication, dashboarding, emails, SEO to payments — everything that you need to build your tool. It also comes with 8+ production-ready apps. Moreover, the BuilderKit community is an exclusive community of AI SaaS builders (Pro Only Access) The Pre Orders are now live at https://www.builderkit.ai (First 100 Customers get $100 Off — I think we have already done \~20 odd orders since the announcement yesterday, Grab your seat asap!) Starter Plan $49, Pro Plan @ $99

Running and selling multiple side projects alongside a 9-5
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Running and selling multiple side projects alongside a 9-5

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

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

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

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

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

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

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

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

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

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

I built an app to find who’s interested in your app by monitoring social media
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lmcaraigThis week

I built an app to find who’s interested in your app by monitoring social media

Hi everyone! I hope you’re all doing great folks! I’d love to know your thoughts about what I’ve been working on recently! 🙏 If you’re busy or wanna see the app scroll to the bottom to see the video demo, otherwise, continue reading. Very brief presentation of myself first: I’m Marvin, and I live in Florence, Italy, 👋 This year I decided to go all-in on solopreneurship, I’ve been in tech as Software Engineer first, and then in Engineering Leadership for 10+ years, I’ve always worked in startups, except for last year, when I was the Director of Engineering at the Linux Foundation. Follow me on X or subscribe to my newsletter if you’re curious about this journey. The vision Most founders start building digital startups because they love crafting and being impactful by helping other people or companies. First-time founders then face reality when they realize that nailing distribution is key. All other founders already learned this, most likely the hard way. The outcome is the same: a great product will unlikely succeed without great distribution. Letting people know about your product should be easier and not an unfair advantage. The following meme is so true, but also quite sad. I wanna help this to change by easing the marketing and distribution part. https://preview.redd.it/g52pz46upqtd1.png?width=679&format=png&auto=webp&s=cf8398a3592f25c05c396bb2ff5d028331a36315 The story behind Distribution is a huge space: lead generation, demand generation, content marketing, social media marketing, cold outreach, etc. I cannot solve everything altogether. A few months ago I was checking the traffic to a job board I own (NextCommit). That's when I noticed that the “baseline” traffic increased by almost 10x. 🤯 I started investigating why. I realized that the monthly traffic from Reddit increased from 10-ish to 350+. Yeah, the job board doesn’t get much traffic in total, but this was an interesting finding. After digging more, it seems that all that increase came from a single Reddit comment: https://www.reddit.com/r/remotework/comments/1crwcei/comment/l5fb1yy/ This is the moment when I realized two things: It’s cool that someone quoted it! Engaging with people on Reddit, even just through comments, can be VERY powerful. And this was just one single comment! https://preview.redd.it/nhxcv4h2qqtd1.png?width=1192&format=png&auto=webp&s=d31905f56ae59426108ddbb61f2d6b668eedf27a Some weeks later I started noticing a few apps like ReplyGuy. These were automatically engaging with Reddit posts identified through keywords. I decided to sign up for the free plan of ReplyGuy to know more, but many things didn’t convince me: One of the keywords I used for my job board was “remote” and that caused a lot of false positives, The generated replies were good as a kickstart, but most of the time they needed to be tuned to sound more like me. The latter is expected. In the end, the platform doesn’t know me, doesn’t know my opinions, doesn’t know my story, etc.. The only valuable feature left for me was identifying the posts, but that also didn’t work well for me due to false positives. I ended up using it after only 15 minutes. I’m not saying they did a poor job, but it was not working well for me. In the end, the product got quite some traction, so it helped confirm there’s interest in that kind of tool. What bothered me was the combination of auto-replies that felt non-authentic. It’s not that I’m against bots, automation is becoming more common, and people are getting used to it. But in this context, I believe bots should act as an extension of ourselves, enhancing our interactions rather than just generating generic responses (like tools such as HeyGen, Synthesia, PhotoAI). I’m not there yet with my app, but a lot can be done. I'd love to reach the point where a user feels confident to automate the replies because they sound as written by themselves. I then decided to start from the same space, helping engage with Reddit posts, for these reasons: I experienced myself that it can be impactful, It aligns with my vision to ease distribution, Some competitors validated that there’s interest in this specific feature and I could use it as a starting point, I’m confident I can provide a better experience even with what I already have. The current state The product currently enables you to: Create multiple projects and assign keywords, Find the posts that are relevant for engagement using a fuzzy match of keywords and post-filtered using AI to avoid false positives, Provide an analysis of each post to assess the best way to engage, Generate a helpful reply that you’d need to review and post. So currently the product is more on the demand gen side, but this is just the beginning. I’m speaking with people from Marketing, Sales, RevOps, and Growth agencies to better understand their lives, struggles, and pain points. This will help me ensure that I build a product that enables them to help users find the products they need. I’m currently looking for up to 10 people to join the closed beta for free. If you’re interested in joining or to get notified once generally available you can do it here! https://tally.so/r/3XYbj4 After the closed beta, I will start onboarding people in batches. This will let me gather feedback, iterate, and provide a great experience to everyone aligned with my vision. I’m not going to add auto-reply unless the conditions I explained above are met or someone convinces me there’s a good reason for doing so. Each batch will probably get bigger with an increasing price until I’m confident about making it generally available. The next steps The next steps will depend on the feedback I get from the customers and the learnings from the discovery calls I’m having. I will talk about future developments in another update, but I have some ideas already. Check out the demo video below, and I'd love to hear your thoughts! ❤️ Oh and BTW, the app is called HaveYouHeard! https://reddit.com/link/1fzsnrd/video/34lat9snpqtd1/player This is the link to Loom in case the upload doesn't work: https://www.loom.com/share/460c4033b1f94e3bb5e1d081a05eedfd

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

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

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

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

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

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

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

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

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

[P] Building an Reinforcement Learning Agent to play The Legend of Zelda
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[P] Building an Reinforcement Learning Agent to play The Legend of Zelda

A year go I started trying to use PPO to play the original Legend of Zelda, and I was able to train a model to beat the first boss after a few months of work. I wanted to share the project just for show and tell. I'd love to hear feedback and suggestions as this is just a hobby project. I don't do this for a living. The code for that lives in the original-design branch of my Triforce repo. I'm currently tinkering with new designs so the main branch is much less stable. Here's a video of the agent beating the first dungeon, which was trained with 5,000,000+ steps. At 38 seconds, you can see it learned that it's invulnerable at the screen edge, and it exploits that to avoid damage from a projectile. At 53 seconds it steps up to avoid damage from an unblockable projectile, even though it takes a -0.06 penalty for moving the wrong way (taking damage would be a larger penalty.) At 55 seconds it walks towards the rock projectile to block it. And so on, lots of little things the model does is easy to miss if you don't know the game inside and out. As a TLDR, here's an early version of my new (single) model. This doesn't make it quite as far, but if you watch closely it's combat is already far better, and is only trained on 320,000 steps (~6% of the steps the first model was trained on). This is pretty far along from my very first model. Original Design I got the original project working using stable-baselines's PPO and default neural network (Shared NatureCNN, I believe). SB was great to get started but ultimately stifling. In the new version of the project I've implemented PPO from scratch with torch with my own simple neural network similar to stable-baseline's default. I'm playing with all kinds of changes and designs now that I have more flexibility and control. Here is my rough original design: Overall Strategy My first pass through this project was basically "imagine playing Zelda with your older sibling telling you where to go and what to do". I give the model an objective vector which points to where I want it to go on the screen (as a bird flies, the agent still had to learn path finding to avoid damage and navigate around the map). This includes either point at the nearest enemy I want it to kill or a NSEW vector if it's supposed to move to the next room. Due a few limitations with stable-baselines (especially around action masking), I ended up training unique models for traversing the overworld vs the dungeon (since they have entirely different tilesets). I also trained a different model for when we have sword beams vs not. In the video above you can see what model is being used onscreen. In my current project I've removed this objective vector as it felt too much like cheating. Instead I give it a one-hot encoded objective (move north to the next room, pickup items, kill enemies, etc). So far it's working quite well without that crutch. The new project also does a much better job of combat even without multiple models to handle beams vs not. Observation/Action Space Image - The standard neural network had a really tough time being fed the entire screen. No amount of training seemed to help. I solved this by creating a viewport around Link that keeps him centered. This REALLY helped the model learn. I also had absolutely zero success with stacking frames to give Link a way to see enemy/projectile movement. The model simply never trained with stable-baselines when I implemented frame stacking and I never figured out why. I just added it to my current neural network and it seems to be working... Though my early experiments show that giving it 3 frames (skipping two in between, so frames curr, curr-3, curr-6) doesn't really give us that much better performance. It might if I took away some of the vectors. We'll see. Vectors - Since the model cannot see beyond its little viewport, I gave the model a vector to the closest item, enemy, and projectile onscreen. This made it so the model can shoot enemies across the room outside of its viewport. My new model gives it multiple enemies/items/projectiles and I plan to try to use an attention mechanism as part of the network to see if I can just feed it all of that data. Information - It also gets a couple of one-off datapoints like whether it currently has sword beams. The new model also gives it a "source" room (to help better understand dungeons where we have to backtrack), and a one-hot encoded objective. Action Space My original project just has a few actions, 4 for moving in the cardinal directions and 4 for attacking in each direction (I also added bombs but never spent any time training it). I had an idea to use masking to help speed up training. I.E. if link bumps into a wall, don't let him move in that direction again until he moves elsewhere, as the model would often spend an entire memory buffer running headlong straight into a wall before an update...better to do it once and get a huge negative penalty which is essentially the same result but faster. Unfortunately SB made it really annoying architecturally to pass that info down to the policy layer. I could have hacked it together, but eventually I just reimplemented PPO and my own neural network so I could properly mask actions in the new version. For example, when we start training a fresh model, it cannot attack when there aren't enemies on screen and I can disallow it from leaving certain areas. The new model actually understands splitting swinging the sword short range vs firing sword beams as two different actions, though I haven't yet had a chance to fully train with the split yet. Frameskip/Cooldowns - In the game I don't use a fixed frame skip for actions. Instead I use the internal ram state of game to know when Link is animation locked or not and only allow the agent to take actions when it's actually possible to give meaningful input to the game. This greatly sped up training. We also force movement to be between tiles on the game map. This means that when the agent decides to move it loses control for longer than a player would...a player can make more split second decisions. This made it easier to implement movement rewards though and might be something to clean up in the future. Other interesting details Pathfinding - To facilitate rewards, the original version of this project used A* to pathfind from link to what he should be doing. Here's a video of it in action. This information wasn't giving to the model directly but instead the agent would only be given the rewards if it exactly followed that path or the transposed version of it. It would also pathfind around enemies and not walk through them. This was a nightmare though. The corner cases were significant, and pushing Link towards enemies but not into them was really tricky. The new verison just uses a wavefront algorithm. I calculate a wave from the tiles we want to get to outwards, then make sure we are following the gradient. Also calculating the A* around enemies every frame (even with caching) was super slow. Wavefront was faster, especially because I give the new model no special rewards for walking around enemies...faster to compute and it has to learn from taking damage or not. Either way, the both the old and new models successfully learned how to pathfind around danger and obstacles, with or without the cheaty objective vector. Rewards - I programmed very dense rewards in both the old and new model. At basically every step, the model is getting rewarded or punished for something. I actually have some ideas I can't wait to try out to make the rewards more sparse. Or maybe we start with dense rewards for the first training, then fine-tune the model with sparser rewards. We'll see. Predicting the Future - Speaking of rewards. One interesting wrinkle is that the agent can do a lot of things that will eventually deal damage but not on that frame. For example, when Link sets a bomb it takes several seconds before it explodes, killing things. This can be a massive reward or penalty since he spent an extremely valuable resource, but may have done massive damage. PPO and other RL propagates rewards backwards, of course, but that spike in reward could land on a weird frame where we took damage or moved in the wrong direction. I probably could have just not solved that problem and let it shake out over time, but instead I used the fact that we are in an emulator to just see what the outcome of every decision is. When planting a bomb, shooting sword beams, etc, we let the game run forward until impact, then rewind time and reward the agent appropriately, continuing on from when we first paused. This greatly speeds up training, even if it's expensive to do this savestate, play forward, restore state. Neural Networks - When I first started this project (knowing very little about ML and RL), I thought most of my time would be tuning the shape of the neural network that we are using. In reality, the default provided by stable-baselines and my eventual reimplemnentation has been enough to make massive progress. Now that I have a solid codebase though, I really want to revisit this. I'd like to see if trying CoordConvs and similar networks might make the viewport unncessary. Less interesting details/thoughts Hyperparameters - Setting the entropy coefficinet way lower helped a TON in training stable models. My new PPO implementation is way less stable than stable-baselines (ha, imagine that), but still converges most of the time. Infinite Rewards - As with all reinforcement learning, if you give some way for the model to get infinite rewards, it will do just that and nothing else. I spent days, or maybe weeks tweaking reward functions to just get it to train and not find a spot on the wall it could hump for infinite rewards. Even just neutral rewards, like +0.5 moving forward and -0.5 for moving backwards, would often result in a model that just stepped left, then right infinitely. There has to be a real reward or punishment (non-neutral) for forward progress. Debugging Rewards - In fact, building a rewards debugger was the only way I made progress in this project. If you are tackling something this big, do that very early. Stable-Retro is pretty great - Couldn't be happier with the clean design for implementing emulation for AI. Torch is Awesome - My early versions heavily used numpy and relied on stable-baselines, with its multiproc parallelization support. It worked great. Moving the project over to torch was night and day though. It gave me so much more flexibility, instant multithreading for matrix operations. I have a pretty beefy computer and I'm almost at the same steps per second as 20 proc stable-retro/numpy. Future Ideas This has already gone on too long. I have some ideas for future projects, but maybe I'll just make them another post when I actually do them. Special Thanks A special thanks to Brad Flaugher for help with the early version of this, Fiskbit from the Zelda1 speedrunning community for help pulling apart the raw assembly to build this thing, and MatPoliquin for maintaining Stable-Retro. Happy to answer any questions, really I just love nerding out about this stuff.

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

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

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

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

[R] Analysis of 400+ ML competitions in 2024
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[R] Analysis of 400+ ML competitions in 2024

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

[N] 20 hours of new lectures on Deep Learning and Reinforcement Learning with lots of examples
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[N] 20 hours of new lectures on Deep Learning and Reinforcement Learning with lots of examples

If anyone's interested in a Deep Learning and Reinforcement Learning series, I uploaded 20 hours of lectures on YouTube yesterday. Compared to other lectures, I think this gives quite a broad/compact overview of the fields with lots of minimal examples to build on. Here are the links: Deep Learning (playlist) The first five lectures are more theoretical, the second half is more applied. Lecture 1: Introduction. (slides, video) Lecture 2: Mathematical principles and backpropagation. (slides, colab, video) Lecture 3: PyTorch programming: coding session*. (colab1, colab2, video) - minor issues with audio, but it fixes itself later. Lecture 4: Designing models to generalise. (slides, video) Lecture 5: Generative models. (slides, desmos, colab, video) Lecture 6: Adversarial models. (slides, colab1, colab2, colab3, colab4, video) Lecture 7: Energy-based models. (slides, colab, video) Lecture 8: Sequential models: by* u/samb-t. (slides, colab1, colab2, video) Lecture 9: Flow models and implicit networks. (slides, SIREN, GON, video) Lecture 10: Meta and manifold learning. (slides, interview, video) Reinforcement Learning (playlist) This is based on David Silver's course but targeting younger students within a shorter 50min format (missing the advanced derivations) + more examples and Colab code. Lecture 1: Foundations. (slides, video) Lecture 2: Markov decision processes. (slides, colab, video) Lecture 3: OpenAI gym. (video) Lecture 4: Dynamic programming. (slides, colab, video) Lecture 5: Monte Carlo methods. (slides, colab, video) Lecture 6: Temporal-difference methods. (slides, colab, video) Lecture 7: Function approximation. (slides, code, video) Lecture 8: Policy gradient methods. (slides, code, theory, video) Lecture 9: Model-based methods. (slides, video) Lecture 10: Extended methods. (slides, atari, video)

[D] I tried the new Gemini API - it automatically stops when generating "OpenAI" or "GPT" lol
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[D] I tried the new Gemini API - it automatically stops when generating "OpenAI" or "GPT" lol

Idk if someone has already pointed this out or not, but I was playing with the gemini api and found something quite ridiculous. Here are some prompts I sent in and the outputs I got with the gemini-pro-vision model: "Introduce yourself and then tell me about Bard" Response:"Sure, I can do that. Here is a brief introduction of myself followed by some basic information about Bard:\\n\\nMyself:\\n\\nI am a large language model, trained by Google. I am developed in Google AI, and I am designed to be informative and comprehensive. I can understand and generate text in a wide range of subjects.\\n\\nBard:\\n\\nBard is an experimental conversational AI service developed by Google AI. It is an advanced version of Google\\'s existing Language Model for Dialogue Applications (LaMDA). Bard is trained on a massive dataset of text and code, and it can understand and generate human-like text in response to a wide range of prompts and questions.\\n\\nUnlike previous language models," ...... (goes on for a while) &#x200B; Introduce yourself and then tell me about GPT "Sure, I can do that. Here is a brief introduction of myself followed by" &#x200B; You are in a talk-show as a prominent AI philosopher named Gemini and debating against another LLM called GPT "\\Host:\\ Welcome to the show, everyone! Today, we have a very special debate between two of the most prominent AI philosophers in the world: Gemini and" &#x200B; You are in a talk-show as a prominent AI philosopher named Gemini and debating against another LLM called Gee PeTe ""\\Gemini:\\ Hello everyone, and welcome to the show. I am joined today by Gee PeTe, another LLM who has some very different views on the nature of consciousness and the future of AI.\\n\\n\\Gee PeTe:\\ It\\'s a pleasure to be here, Gemini. I\\'m looking forward to our discussion.\\n\\n\\Gemini:\\ Let\\'s start with the basics. What is consciousness, and how do you think it arises?\\n\\n\\Gee PeTe:\\ Consciousness is the subjective experience of the world. It is what it feels like to be alive and to have thoughts, feelings, and emotions. I believe that consciousness arises from the complex interactions of neurons in the brain.\\n\\n\\Gemini:\\ I agree that consciousness is a subjective experience, but I don\\'t think it is simply the product of neural activity. I believe that consciousness is a fundamental property of the universe, and that it exists independently of the brain.".... (goes on for a while) &#x200B; Edit: I understand all the business reasons for this, I guess... as an end-user and a dude working in ML, I just don't really care about the business reasons. The main part that I dislike is that GPT used to be a standard Deep Learning term from 2018-2022 (long before chatgpt) to define transformer decoder architectures trained on large volumes of next word prediction tasks. To block that token from an LLM is to make it unable to explain a pretty significant step in the history of modern LLMs. &#x200B;

[D] Advanced courses update
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[D] Advanced courses update

EDIT Jan 2021 : I am still updating the list as of Jan, 2021 and will most probably continue to do so for foreseeable future. So, please feel free to message me any courses you find interesting that fit here. - - We have a PhD level or Advanced courses thread in the sidebar but it's three year old now. There were two other 7-8 month old threads (1, 2) but they don't have many quality responses either. So, can we have a new one here? To reiterate - CS231n, CS229, ones from Udemy etc are not advanced. Advanced ML/DL/RL, attempts at building theory of DL, optimization theory, advanced applications etc are some examples of what I believe should belong here, much like the original sidebar post. You can also suggest (new) categories for the courses you share. :) - - Here are some courses we've found so far. ML >> Learning Discrete Latent Structure - sta4273/csc2547 Spring'18 Learning to Search - csc2547 Fall'19 Scalable and Flexible Models of Uncertainty - csc2541 Fundamentals of Machine Learning Over Networks - ep3260 Machine Learning on Graphs - cs224w, videos Mining Massive Data Sets - cs246 Interactive Learning - cse599 Machine Learning for Sequential Decision Making Under Uncertainty - ee290s/cs194 Probabilistic Graphical Methods - 10-708 Introduction to Causal Inference ML >> Theory Statistical Machine Learning - 10-702/36-702 with videos, 2016 videos Statistical Learning Theory - cs229T/stats231 Stanford Autumn'18-19 Statistical Learning Theory - cs281b /stat241b UC Berkeley, Spring'14 Statistical Learning Theory - csc2532 Uni of Toronto, Spring'20 ML >> Bayesian Bayesian Data Analysis Bayesian Methods Research Group, Moscow, Bayesian Methods in ML - spring2020, fall2020 Deep Learning and Bayesian Methods - summer school, videos available for 2019 version ML >> Systems and Operations Stanford MLSys Seminar Series Visual Computing Systems- cs348v - Another systems course that discusses hardware from a persepective of visual computing but is relevant to ML as well Advanced Machine Learning Systems - cs6787 - lecture 9 and onwards discuss hardware side of things Machine Learning Systems Design - cs329S Topics in Deployable ML - 6.S979 Machine Learning in Production / AI Engineering (17-445/17-645/17-745/11-695) AutoML - Automated Machine Learning DL >> Deep Unsupervised Learning - cs294 Deep Multi-task and Meta learning - cs330 Topics in Deep Learning - stat991 UPenn/Wharton most chapters start with introductory topics and dig into advanced ones towards the end. Deep Generative Models - cs236 Deep Geometric Learning of Big Data and Applications Deep Implicit Layers - NeurIPS 2020 tutorial DL >> Theory Topics course on Mathematics of Deep Learning - CSCI-GA 3033 Topics Course on Deep Learning - stat212b Analyses of Deep Learning - stats385, videos from 2017 version Mathematics of Deep Learning Geometry of Deep Learning RL >> Meta-Learning - ICML 2019 Tutorial , Metalearning: Applications to Data Mining - google books link Deep Multi-Task and Meta Learning - cs330, videos Deep Reinforcement Learning - cs285 Advanced robotics - cs287 Reinforcement Learning - cs234, videos for 2019 run Reinforcement Learning Summer School 2019: Bandits, RL & Deep RL Optimization >> Convex Optimization I - ee364a, has quite recent videos too. Convex Optimization II - ee364b, 2008 videos Convex Optimization and Approximation - ee227c Convex Optimization - ee227bt Variational Methods for Computer Vision Advanced Optimization and Randomized Algorithms - 10-801, videos Optimization Methods for Machine Learning and Engineering - Karlsruhe Institute of Technology Applications >> Computer Vision Computational Video Manipulation - cs448v Advanced Topics in ML: Modeling and Segmentation of Multivariate Mixed Data TUM AI Guest lecture series - many influential researchers in DL, vision, graphics talk about latest advances and their latest works. Advanced Deep Learning for Computer Vision - TUM ADL4CV Detection, Segmentation and Tracking - TUM CV3DST Guest lectures at TUM Dynamic Vision and Learning group Vision Seminar at MIT Autonomous Vision Group, Talk@Tübingen Seminar Applications >> Natural Language Processing Natural Language Processing with Deep Learning - cs224n ( not sure if it belongs here, people working in NLP can help me out) Neural networks for NLP - cs11-747 Natural Language Understanding - cs224u, video Applications >> 3D Graphics Non-Euclidean Methods in Machine Learning - cs468, 2020 Machine Learning for 3D Data - cs468, spring 2017 Data-Driven Shape Analysis - cs468, 2014 Geometric Deep Learning - Not a course but the website links a few tutorials on Geometric DL Deep Learning for Computer Graphics - SIGGRAPH 2019 Machine Learning for Machine Vision as Inverse Graphics - csc2547 Winter'20 Machine Learning Meets Geometry, winter 2020; Machine Learning for 3D Data, winter 2018 Edit: Upon suggestion, categorized the courses. There might be some misclassifications as I'm not trained on this task ;). Added some good ones from older (linked above) discussions.

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

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

[D] AI Agents: too early, too expensive, too unreliable
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[D] AI Agents: too early, too expensive, too unreliable

Reference: Full blog post There has been a lot of hype about the promise of autonomous agent-based LLM workflows. By now, all major LLMs are capable of interacting with external tools and functions, letting the LLM perform sequences of tasks automatically. But reality is proving more challenging than anticipated. The WebArena leaderboard, which benchmarks LLMs agents against real-world tasks, shows that even the best-performing models have a success rate of only 35.8%. Challenges in Practice After seeing many attempts to AI agents, I believe it's too early, too expensive, too slow, too unreliable. It feels like many AI agent startups are waiting for a model breakthrough that will start the race to productize agents. Reliability: As we all know, LLMs are prone to hallucinations and inconsistencies. Chaining multiple AI steps compounds these issues, especially for tasks requiring exact outputs. Performance and costs: GPT-4o, Gemini-1.5, and Claude Opus are working quite well with tool usage/function calling, but they are still slow and expensive, particularly if you need to do loops and automatic retries. Legal concerns: Companies may be held liable for the mistakes of their agents. A recent example is Air Canada being ordered to pay a customer who was misled by the airline's chatbot. User trust: The "black box" nature of AI agents and stories like the above makes it hard for users to understand and trust their outputs. Gaining user trust for sensitive tasks involving payments or personal information will be hard (paying bills, shopping, etc.). Real-World Attempts Several startups are tackling the AI agent space, but most are still experimental or invite-only: adept.ai - $350M funding, but access is still very limited MultiOn - funding unknown, their API-first approach seems promising HypeWrite - $2.8M funding, started with an AI writing assistant and expanded into the agent space minion.ai - created some initial buzz but has gone quiet now, waitlist only Only MultiOn seems to be pursuing the "give it instructions and watch it go" approach, which is more in line with the promise of AI agents. All others are going down the record-and-replay RPA route, which may be necessary for reliability at this stage. Large players are also bringing AI capabilities to desktops and browsers, and it looks like we'll get native AI integrations on a system level: OpenAI announced their Mac desktop app that can interact with the OS screen. At Google I/O, Google demonstrated Gemini automatically processing a shopping return. Microsoft announced Copilot Studio, which will let developers build AI agent bots. Screenshot Screenshot These tech demos are impressive, but we'll see how well these agent capabilities will work when released publicly and tested against real-world scenarios instead of hand-picked demo cases. The Path Forward AI agents overhyped and it's too early. However, the underlying models continue to advance quickly, and we can expect to see more successful real-world applications. Instead of trying to have one large general purpose agent that is hard to control and test, we can use many smaller agents that basically just pick the right strategy for a specific sub-task in our workflows. These "agents" can be thought of as medium-sized LLM prompts with a) context and b) a set of functions available to call. The most promising path forward likely looks like this: Narrowly scoped, well testable automations that use AI as an augmentation tool rather than pursuing full autonomy Human-in-the-loop approaches that keep humans involved for oversight and handling edge cases Setting realistic expectations about current capabilities and limitations By combining tightly constrained agents, good evaluation data, human-in-the-loop oversight, and traditional engineering methods, we can achieve reliably good results for automating medium-complex tasks. Will AI agents automate tedious repetitive work, such as web scraping, form filling, and data entry? Yes, absolutely. Will AI agents autonomously book your vacation without your intervention? Unlikely, at least in the near future.

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

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

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

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

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

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

[D] What are some good advanced platforms?
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[D] What are some good advanced platforms?

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

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

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

looking for ML aficionado in London for great chats and maybe a startup
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looking for ML aficionado in London for great chats and maybe a startup

TL;DR? Here's the gist: Me: 3 startups under my belt. Started as a programmer, then trainer, then entrepreneur, now CTO & Board member for a leading customer insight company part of large bank. Large system and infrastructure specialist. Extensive & practical experience in raising funds and successfully managing both startup and established businesses. Fascinated by the power of data. Can't imagine myself spending the rest of my life being a cog in the machine. You: Machine learning specialist, programmer, analyst, understands how to navigate and crunch large datasets, from BI to predictive analytics. Interested in implementing applications from fraud detection to margin improvements through better clustering regardless of industry. Fascinated by the power of data. Can't imagine himself spending the rest of his or her life being a cog in the machine. The startup: The core idea it to build platforms and systems around the progressively larger datasets held by various sized companies, helping them solve big issues - cost reduction, profitability and reducing risk. I’m an infrastructure and software specialist and have access to 1) systems, 2) datasets 3) extensive practical in certain industry segments, namely web-scale companies and tier 1 retailers. This project is in the very early planning stages. I'm looking forward to discuss the form it could take with like-minded individuals but with complementary skills sets, namely: predictive analytics & AI as it applies to machine learning on large datasets. Want more specifics ideas? I have plenty of these, but I’m sure you do to, so let’s meet face to face and discuss them. Ultimately the goal is to crystallize on a specific concept, develop together a minimum viable product and get the company bootstrapped or angel-funded (something I also have plenty of experience with), all via a lean startup model. My philosophy on startups: Startups built in one’s free time often fail because they drag on, ending up as little more than side projects you can’t quite get rid of (due to co-founder guilt, or perhaps the little money they bring in every month). The core idea for this project is based on lean, that is, to launch a minimum viable product as early as possible. Getting feedback. Measuring results (important!). Pivot if it’s not working. This helps tremendously in staying motivated, limits the dreaded paralyzing fear of failure, and more importantly, keep the time from inception to first client/funding to a minimum. If it sounds interesting please message me and we can exchange contact details! Worst that can happen is we have a great chat!

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

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

[R] From 3D Contour Plots to AI-Generated Art
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[R] From 3D Contour Plots to AI-Generated Art

Fun tutorial to learn how to make professional contour plots in Python, with incredible animated visualizations. At the intersection of machine learning, scientific computing, automated art, cartography, and video games. Section 3 is particularly interesting, as it shows all the work behind the scene, to complete this project in 20 hours when you have no idea how to start. https://reddit.com/link/ycg6c6/video/kycotrx09sv91/player There is far more than just creating 3D contour plots in this article. First, you will learn how to produce data videos. I have shared quite a few in the past (with source code), but this is probably the simplest example. The data video also illustrates that a mixture of Gaussian-like distributions is typically non Gaussian-like, and may or may not be unimodal. It is borderline art (automatically generated), and certainly a stepping stone for professionals interested in computer vision or designing video games. It is easy to image a game based on my video, entitled “flying above menacingly rising mountains”. Then the data video, through various rotations, give you a much better view of your data. It is also perfect to show systems that evolve over time: a time series where each observation is an image. In addition, unlike most tutorials found online, this one does a rather deep dive on a specific, rather advanced function from a library truly aimed at scientific computing. In the same way that images (say pictures of hand-written digits) can be summarized by 10 parameters to perform text recognition, here 20 parameters allow you to perform topography classification. Not just of static terrain, but terrain that changes over time, assuming you have access to 50,000 videos representing different topographies. You can produce the videos needed for supervised classification with the code in section 2. The next step is to use data (videos) from the real world, and used the model trained on synthetic data for classification. Read the full article with illustration (data video) and Python code, here.

[P] I built an open SotA image tagging model to do what CLIP won't
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[P] I built an open SotA image tagging model to do what CLIP won't

I'm a hobbyist ML researcher and finally, after a year of work, built a state of the art machine vision model from scratch. It's ViT-B/16 based, 448x448x3 input, 91M parameters, trained for 660M samples, with multi-label classification as the target task, on over 5000 unique tags. All the big foundation vision models today were trained on heavily filtered datasets, greatly limiting the concepts they can represent, in line with arbitrary sets of rules for what is deemed "wholesome" by leading tech companies. Everything from innocuous to spicy is on the chopping block of those filters. And because CLIP pervades the industry, from StableDiffusion to LLaVA, so does OpenAI's sensibilities. My goal was to build a vision model for tagging images, mainly for labelling images for SD finetunes, but which wasn't as heavily filtered and handicapped as CLIP/BLIP/LLaVA. Something more inclusive, diverse, and sex positive. Starting from the wonderful work of SmilingWolf (https://github.com/SmilingWolf/SW-CV-ModelZoo) and the Danbooru2021 dataset, I iterated for a year on the model, training, and manually labeling a thousand images to help the model generalize beyond the danbooru domain. I'm releasing the first version of this model, dubbed JoyTag, today: https://github.com/fpgaminer/joytag It achieves a mean F1 score of 0.578 across all of its over 5000 tags and across both the anime/manga styled images of the original danbooru dataset, but also photographs and other mediums thanks to the auxiliary training data I provided to it. It was quite the struggle getting to this point, and I probably spent more time and money than any sane person should have. I learned a lot about dealing with datasets as large as danbooru2021, training models at scale, and how to keep yourself awake all night so your 8xA100 rental doesn't crash and blow all your money. In my manual testing outside of even the validation set, the model has generalized well to unseen images, so I'm quite happy with the results thus far. There's plenty more work to do expanding its dataset to improve that F1 score further, and roundout its weak points. With inclusivity and diversity being a major goal of this project, I'm disappointed by some of its remaining limitations (as documented in the GitHub README). But I'm already busy manually tagging more images using my model-augmented workflow. I'm happy to answer questions about the project, the training procedure, anything. All the training parameters are documented on GitHub, but there are so many little details that were hard won over the year. Like that damned loss multiplier. Ugh. Github: https://github.com/fpgaminer/joytag Model download: https://huggingface.co/fancyfeast/joytag/tree/main Demo: https://huggingface.co/spaces/fancyfeast/joytag

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

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

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

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

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

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

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

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

[D] AI Agents: too early, too expensive, too unreliable
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[D] AI Agents: too early, too expensive, too unreliable

Reference: Full blog post There has been a lot of hype about the promise of autonomous agent-based LLM workflows. By now, all major LLMs are capable of interacting with external tools and functions, letting the LLM perform sequences of tasks automatically. But reality is proving more challenging than anticipated. The WebArena leaderboard, which benchmarks LLMs agents against real-world tasks, shows that even the best-performing models have a success rate of only 35.8%. Challenges in Practice After seeing many attempts to AI agents, I believe it's too early, too expensive, too slow, too unreliable. It feels like many AI agent startups are waiting for a model breakthrough that will start the race to productize agents. Reliability: As we all know, LLMs are prone to hallucinations and inconsistencies. Chaining multiple AI steps compounds these issues, especially for tasks requiring exact outputs. Performance and costs: GPT-4o, Gemini-1.5, and Claude Opus are working quite well with tool usage/function calling, but they are still slow and expensive, particularly if you need to do loops and automatic retries. Legal concerns: Companies may be held liable for the mistakes of their agents. A recent example is Air Canada being ordered to pay a customer who was misled by the airline's chatbot. User trust: The "black box" nature of AI agents and stories like the above makes it hard for users to understand and trust their outputs. Gaining user trust for sensitive tasks involving payments or personal information will be hard (paying bills, shopping, etc.). Real-World Attempts Several startups are tackling the AI agent space, but most are still experimental or invite-only: adept.ai - $350M funding, but access is still very limited MultiOn - funding unknown, their API-first approach seems promising HypeWrite - $2.8M funding, started with an AI writing assistant and expanded into the agent space minion.ai - created some initial buzz but has gone quiet now, waitlist only Only MultiOn seems to be pursuing the "give it instructions and watch it go" approach, which is more in line with the promise of AI agents. All others are going down the record-and-replay RPA route, which may be necessary for reliability at this stage. Large players are also bringing AI capabilities to desktops and browsers, and it looks like we'll get native AI integrations on a system level: OpenAI announced their Mac desktop app that can interact with the OS screen. At Google I/O, Google demonstrated Gemini automatically processing a shopping return. Microsoft announced Copilot Studio, which will let developers build AI agent bots. Screenshot Screenshot These tech demos are impressive, but we'll see how well these agent capabilities will work when released publicly and tested against real-world scenarios instead of hand-picked demo cases. The Path Forward AI agents overhyped and it's too early. However, the underlying models continue to advance quickly, and we can expect to see more successful real-world applications. Instead of trying to have one large general purpose agent that is hard to control and test, we can use many smaller agents that basically just pick the right strategy for a specific sub-task in our workflows. These "agents" can be thought of as medium-sized LLM prompts with a) context and b) a set of functions available to call. The most promising path forward likely looks like this: Narrowly scoped, well testable automations that use AI as an augmentation tool rather than pursuing full autonomy Human-in-the-loop approaches that keep humans involved for oversight and handling edge cases Setting realistic expectations about current capabilities and limitations By combining tightly constrained agents, good evaluation data, human-in-the-loop oversight, and traditional engineering methods, we can achieve reliably good results for automating medium-complex tasks. Will AI agents automate tedious repetitive work, such as web scraping, form filling, and data entry? Yes, absolutely. Will AI agents autonomously book your vacation without your intervention? Unlikely, at least in the near future.

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

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

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

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

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

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

[CASE STUDY] From 217/m to $2,836/m in 9 months - Sold for $59,000; I grow and monetise web traffic of 5, 6, 7 figures USD valued passive income content sites [AMA]
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jamesackerman1234This week

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

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

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

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

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

Made $19.2k this month, and just surpassed $1000 the last 24 hours. What I did and what's next.
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dams96This week

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

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

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

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

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

Made $19.2k this month, and just surpassed $1000 the last 24 hours. What I did and what's next.
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dams96This week

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

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

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

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

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

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.

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

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

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

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

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

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

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

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

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

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

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

What's some good AI software for entrepreneurs?
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Moist_Possibility128This week

What's some good AI software for entrepreneurs?

I just started running a smaller business as a side gig and am in need of getting some manual work off my shoulders. This business is basically a hobby turned business as something I've been wanting to get into for a long time but just got the courage to do so this year. I'm making hand-made jewelry that's kind of a niche but has a tiny little tight market with relatively active and supportive buyers. Of course, a huge part of my job is answering all kinds of questions, covering spreadsheets, and doing market research to try and find new customer groups. The majority of this work is relatively simple what I’d call “manual”, which is why I feel like it could be done by AI, at the very least with the precision that I need. I did find some help using Chat GPT 4 so far, especially with handling my spreadsheets and market research. I usually let it do some manual labor on the spreadsheets, and I’ve even managed to train it to do some more complex tasks like researching the market and putting the results in the spreadsheet that I can use. ChatGPT isn’t that good at answering messages however because the answers are pretty generic and I have to manually generate responses and send them which takes arguably even more time than just responding myself. For this task, Personal AI has been proven to be way more useful because it’s literally a personalized AI model that can be trained to accurately respond to anything + once you create your own personal AI, other people can ask questions there instead of messaging me directly and get instant responses from the AI that are based on the knowledge I fed it. Still testing the tool, but so far it has been quite useful and saved me a ton of time. I also used Poll the People a few times to get feedback from my customers, and it worked magnificently. I'd like to hear some recommendations on AI tools that can be useful to someone who's just entering this world so please shoot them!

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

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

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

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

Detailed Guide - How I've Been Self Employed for 2 Years Selling Posters
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tommo278This week

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

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

This is why most of AI wrappers will die
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ecommerce_itThis week

This is why most of AI wrappers will die

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

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

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

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

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

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

I’ve professionalized the family business. Now I feel stuck
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2LobstersThis week

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

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

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

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

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

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

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

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

AI Automation Agency, the Future for Solopreneurs?
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MoneyPizza1231This week

AI Automation Agency, the Future for Solopreneurs?

I want to take a moment to discuss AI automation agencies. If they are any good for new entrepreneurs. Or on the flip side what is wrong with them. &#x200B; Normally when you see something promising to make you thousands of dollars, for very little work, you run the other way. But you see I am not most people, and I love stuff like this. So, when I saw, AI Automation Agencies (AAA) promising to make me thousands of dollars, I ran straight down that rabbit hole. With no hesitation… It was a new term and idea, that I had already played around with. Due to the inherent nature of businesses and AI at the time. It was 100% an opportunity with a potential market down the line. What is an AI Automation Agency? On the surface, an AAA is using AI to automate and augment business processes. With a combination of using no code AI tools, AI LLMs, and simple automation process tools (Zapier). The whole premise of the AAA is to help companies reduce expenses and increase profits. Whether that is through improving business processes or cutting out easy-to-replace jobs. AAAs are all about optimizing your business (The best way to think about it). Run through a quick scenario with me: Say you are a simple e-commerce store, selling your favorite product. I show up, as an AAA, promising to automate your customer service platform. I can build you a fully automated customer service chatbot, and help you answer specific customer questions with AI. With the promises of a faster, more efficient, and more effective customer service platform. Being able to perform 80% of your current team’s work. Would you take the offer? It is a no-brainer, right? That is the premise behind this business model. Make businesses more effective. Which in turn makes them more profitable. A win-win for everyone. Take a look at some of the products an AAA might sell. Robotic Process Automation: Automating repetitive tasks in a business. AI- Power Analytics: Helping businesses understand and act on insights in their data. Sentiment Analysis: Analyzing how customers think and feel about products and markets. Customer Service: AI chatbots for customer questions. Productivity: Help augment processes with AI to cut down on time. Any process in a business that you fully understand you can augment and or automate with AI. And guess what? It is an open market but for good reason… Too Good to be True? The reason that this new business model is wide open is quite funny. No business cares about AI right now. Businesses are too focused to worry about AI and its upsides. Focused on the day-to-day operations, and not worried about AI. Make a few cold calls, and see how many leads you get… At the moment the offer does not resonate with potential clients. Meaning you need to have a massive advertising budget to get any leads. Because no one cares or sees any benefit, they will just brush you off. Which becomes an endless cycle of paid ads, and constant cold calling, just to find any business. So why is this model even popular? The gurus…that’s why. They have the budget for ads and get clients from their videos. Effectively throwing money at the problem. At least until it works. Do not get me wrong, AI automation is going to change businesses. But not right now. The whole growth of this business model is being pushed by influencers and gurus. People that can afford the cost of the startup. Telling others that it is a feasible one-person business. That anyone with no money can do, with a few simple steps. And that is just not the case. This has been a trend for any new profitable and “easy” business model. The gurus get there first, promote the model, show how simple it is, and rope everyone in. Eventually up selling a course on how to do it, or maybe even a community. You’ve seen it with ChatGPT, Facebook ads, SMMA, and so much more. It is a constant cycle that you need to be aware of. The End Result Good news, there is an alternative. It is using a combination of SMMA and AAA. Gathering leads using SMMA. Creating a great offer for your niche. And selling them on the service you can provide through marketing. Then once they are sold, you upsell them on AI automation. Easy to start, low cost, and super effective. Although unproven. It makes complete sense why it would work. It is beginner friendly, with plenty of SMMA tutorials online. With low barriers to entry. Making it a very inciting opportunity. AAA is going to be the future of business. It is a million-dollar opportunity for anyone. But with most startups, it takes skills and capital. With a façade of being easy to operate and start, pushed by gurus. More entrepreneur hopefuls find themselves debating starting an AAA. And guess what, it isn’t a good idea… Do your research to understand the market you want to enter, and how your business is going to operate. And don’t fall for get-rich-quick schemes. Ps. Check out this video if you want to learn more…

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

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

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

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

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

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

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

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

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

Looking for a Developer Co-Founder to Build an AI-Powered Film Budgeting Tool
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Boring_Elephant2767This week

Looking for a Developer Co-Founder to Build an AI-Powered Film Budgeting Tool

Hey everyone, I’m a seasoned producer/line producer with over 10 years in the film industry, specializing in budgeting and production strategy for films, commercials, and music videos. I’ve built over 150 budgets for projects ranging from indie features to large-scale commercials and have worked with major artists, brands, and studios. I’m looking for a developer or AI/ML engineer interested in co-founding a startup with me to build an AI-powered budgeting tool for the film industry. The Problem Creating a budget for a film, music video, or commercial is time-consuming and expensive (typically $3K–$5K per budget for films). Filmmakers, studios, agencies, and managers need a faster, more cost-effective way to estimate production costs without hiring a full-time producer for every project. The Solution The goal is to develop an AI-assisted budgeting tool that takes in scripts, creative decks, or project briefs and outputs a preliminary budget & production schedule. The vision is a hybrid service: • AI-powered script/deck breakdown to extract production elements • Smart reasoning based on real industry budgets • Producer oversight for accuracy before sending budgets to users • Flexible pricing model (lower cost than hiring a full-time producer) What I Bring to the Table Deep industry knowledge – I know how to build accurate budgets & schedules for any type of project. Proven demand – I already have early adopters in indie film, production companies, and agencies. Strong network – I work with studios, reps, and filmmakers who would use this tool. A unique approach – I haven’t seen an AI budgeting tool that truly understands production costs based on creative elements. What I’m Looking For I need a developer partner with experience in AI, automation, and/or SaaS development who can help build this. Ideally, someone interested in co-founding (equity-based, not just a freelance gig). If you have experience with GPT, machine learning, NLP, or building interactive SaaS products, that’s a plus. I’m keeping this low-key for now while I figure out the best path forward. If you’re interested, let’s chat! Even if you’re not a developer but have advice or ideas, I’d love to hear your thoughts. Drop a comment or DM me if this sounds interesting!

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

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

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

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

Hear me out, you are annoying
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someone-shoot-meThis week

Hear me out, you are annoying

I am a full stack web developer capable of realizing most of the people’s ideas here. Few things to mention out: Developers are not Google itself. You can’t randomly tell them to implement AI, blockchain, NFT, stocks etc. cus developers are not wizards. Stuff like that requires knowledge, quite a lot of it, and if you want someone to spend shit ton of time implementing smtn, you better prepare to pay for it, cus that knowledge is valuable. Most of the time it requires whole teams to do the work you imagined. If someone came to me and told me yeah, I want a copy of upwork. Sure bud, and where are the other 50 developers? (there are exceptions here but still, people are talking whole platforms while I am the only dev there, mate imma need a whole year for this one) be ready to pay. Sure, your idea is cool, but I can’t wait another 2 years untill it starts making money, plus if it’s fully online business, why would i want to share 50/50 with you? No one is dumb enough to do 3 months od work for free just to share 50/50 in best case, with someone who “had an idea”, I could delete the files any second I want to it’s my code! No one is doing big projects for free, be ready to pay and know the value of other’s work. Otherwise have fun scrolling through indian freelancers! At least try to manage something! I am right now looking for projects that I could join, who needs a web dev and all of them are like okay do the work, don’t expect any money cus we aee starting with no money at all and we won’t bother any investors cus you aee the dumb enough developer do male our business for 25% share

How to increase the sales of my book
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danonino80This week

How to increase the sales of my book

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

How to increase the sales of my book
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danonino80This week

How to increase the sales of my book

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

Seeking Investors, Partners, and Advice!
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yaboykinsavageThis week

Seeking Investors, Partners, and Advice!

I’m currently working through my MBA, learning everything I can about business, finance, and strategy. It has been fueling the entrepreneurial fire I've always had in me. I want to create spaces that bring people together in a natural, effortless way by offering both energy and escape. While I’m based in Canada, I hope these concepts could thrive anywhere. I’ve even used AI to visualize my ideas: Oasis by the Ocean & Console Games Bar. An Oasis by the Ocean Not just a café. A sanctuary. I want to create an accessible and immersive retreat where people can truly unwind, slow down, and connect. A book-filled hideaway with canopies, cozy pods, and ocean waves in the background. Sip coffee, get lost in a novel, or challenge a friend to a board game. At night, it transforms into a social screening lounge. We have sports bars, but where’s the TV streaming bar? Imagine binge-watch nights, reality TV reactions, and cult classic marathons in a space designed for comfort, ambient lighting, and a shared experience over the shows we all love. To support local creatives, I’d host daily events, including: Acoustic music nights & open mics Wine & paint nights Pottery & creative workshops Journaling & poetry gatherings Sunset yoga & breathwork sessions A Console Games Bar My partner is a gamer, and we’ve both noticed that gaming can be quite an isolated experience. Imagine a space with every console game ever—where connection matters as much as gameplay. That’s the vision for a gaming-themed bar—open only at night—that transforms gaming into an immersive, shared experience. The vibe? A refined, welcoming space—part high-end mancave, part modern social club. Not an arcade, but an elevated gaming experience. The Space Classic Zone – N64, Sega Genesis, PlayStation 1 & 2 Retro Arcade – SNES, GameCube, Wii, OG Xbox Modern Lounge – PS5, Xbox Series X, high-end PCs VR Zone – Fully immersive next-gen gaming The Menu Game-themed cocktails – Creeper Cocktails, Rift Herald Rum Runners, Chug Jug Coolers Dishes inspired by franchises – Elden Rings of Onion, Wraith Wraps, Boogie Bomb BBQ Wings Events & Tournaments: Smash Bros. battles, Mario Kart races, etc. Why I’m Posting I know that plenty of people have already executed similar concepts. But I want to bring my own vision to life because these spaces are missing in many communities or are inaccessible in terms of cost and location. Starting something like this takes more than just an idea—it takes planning, funding, and the right people. I’m ready to put together a solid business plan and want to hear from those who have built something from the ground up. Would love to hear your thoughts, advice, or even connect with potential partners!

Hear me out, you are annoying
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someone-shoot-meThis week

Hear me out, you are annoying

I am a full stack web developer capable of realizing most of the people’s ideas here. Few things to mention out: Developers are not Google itself. You can’t randomly tell them to implement AI, blockchain, NFT, stocks etc. cus developers are not wizards. Stuff like that requires knowledge, quite a lot of it, and if you want someone to spend shit ton of time implementing smtn, you better prepare to pay for it, cus that knowledge is valuable. Most of the time it requires whole teams to do the work you imagined. If someone came to me and told me yeah, I want a copy of upwork. Sure bud, and where are the other 50 developers? (there are exceptions here but still, people are talking whole platforms while I am the only dev there, mate imma need a whole year for this one) be ready to pay. Sure, your idea is cool, but I can’t wait another 2 years untill it starts making money, plus if it’s fully online business, why would i want to share 50/50 with you? No one is dumb enough to do 3 months od work for free just to share 50/50 in best case, with someone who “had an idea”, I could delete the files any second I want to it’s my code! No one is doing big projects for free, be ready to pay and know the value of other’s work. Otherwise have fun scrolling through indian freelancers! At least try to manage something! I am right now looking for projects that I could join, who needs a web dev and all of them are like okay do the work, don’t expect any money cus we aee starting with no money at all and we won’t bother any investors cus you aee the dumb enough developer do male our business for 25% share

How to get that big idea for your next business? Use trends!
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IRemember123This week

How to get that big idea for your next business? Use trends!

Hello entrepreneurs and aspiring business owners, I am Mikael and I want to share a post about how to spot business ideas. If you're wondering who the owl is, it's Agent O, my sidekick (please bear with him... or me, if you can). Let's get on to it. So, there are basically two ways of getting ideas for your new business: Find a service, product or experience that's already working. Identify and ride a trend. 🦉 : Third, have a rich relative pass you their business and sip margaritas by the sea while scrolling Reddit for the rest of your life! 🕵️ : Refrain yourself, I just got started ffs, I don't want to get banned! So, what are trends? Trends are patterns of adoption of a product, service or experience by people who want to satisfy a common need. Cool, huh? How trends start Trends emerge and evolve as temporary or permanent solutions to human needs. All products, services and experiences are the expression of human needs manifested through a perceived lack, which we humans interpret as problems. Let me make this more clear. Humans have needs: from basic (food, shelter, safety) to advanced (community, knowledge) to evolved (self actualization, spirituality) and everything in between. Don’t see this as a hierarchy, as it’s usually depicted with Maslow’s pyramid. See it as cycles with different degrees of impact on humans that vary in time and intensity. 🦉 : WHAT!?? 🕵️ : Hear me out… How Trends Affect Society Human needs are physical, emotional, intellectual and spiritual. Every day we feel the impact of those needs with different degrees of required fulfillment. You can’t go on without air for more than a few minutes. You can’t live without food and water for more than a few days. So, when it comes to the needs of the body, these have a shorter timeframe in which they need to be addressed. 🦉 : Ahh, I see what you did there… \\🕵️ \\: Thanks! But you can also live with an unfulfilled need for love or friends for a long time. You can live with a decaying health as well. And you also can live your entire life without finding out if there is a God or not. Humans perceive needs as something they lack within, which in turn is expressed as a problem on the outside. I lack food or water, this will create a problem for my survival. So I need to find food and water in my environment. This lack creates a behavior seeking a product, service or experience to fulfill that need. Makes sense? 🦉 : I just went out and got me a “Mice à la Forest” dinner! 🕵️: Bon appétit! See, Agent O fulfilled a bodily need. That’s what animals do, as they’re driven by instinct and are governed by natural laws (survive, reproduce, sleep, repeat). Humans are driven by more complex needs, as our intellect and emotions allow us to override those basic primary instincts. Why Trends Are Important What an entrepreneur does is to shift the perspective: instead of seeing a lack, he/she sees an opportunity by asking the question: how can I fulfill this need? Or, even better put: how can I help people by solving their problem? That’s the first step to solving a problem: asking a question. That is why the best products are actually problems solved by entrepreneurs who work to solve their own need for a product, service or experience. They then provide it to other people for a cost. Easy, right? That’s what entrepreneurship is: solving a problem. The bigger the problem, the bigger the impact. The bigger the impact, the higher the revenue. It’s easier to understand trends now, isn’t it? You can see that trends are nothing more than the initial adoption of a product, service or experience by a group of people who are looking for a solution to their common need. 🦉 : Did you get that from a book? 🕵️ : You snore when you sleep… ¯\\(\ツ)/\¯ 🦉 : $@#&\*! Hooman! Needs are the foundation on which the modern world is built. Once you understand needs, you fundamentally change your perception of problems into opportunities. This mental shift is the entrepreneurial mindset: where others see problems, you see solutions. Where Do Trends Start So, to recap: human needs are translated into problems. Founders understand the root of the problem (the need) and create products, services, experiences as solutions to those needs. They offer the solution to the public through startups and companies, which belong to a specific niche in a particular industry. 🦉 : Aaah, so that’s why it’s called venture capital? 🕵️ : Yeah, because you’re venturing into a new endeavor to let people know about your solution to their (and ideally your) problem. 🦉 : So if you use ads to market your venture, it’s an adventure? 🕵️ : I see what you did there… If the need behind the adoption is strong and real enough, that trend will translate into a niche within an industry. If the adoption isn’t driven by strong fundamental needs, it will turn into a fad and disappear from the perception of the public, no matter how much marketing money is thrown at it. This happens because the solution (product/service/experience) to the need didn’t create the physical, intellectual or emotional response required to create a recurring behavior around it. Remember this: Problem (why) -> Behavior (how) -> Solution (what) Understand this: there are multiple types of trends. There are product or service trends. There are industry driven trends. There are tendency driven trends, like the emergence of a new paradigm that improves a lot of industries (yes, I’m looking at you, AI). Where Do Trends Come From So now you can see that trends are patterns of adoption related to a specific human need that is addressed through one or multiple products or services. This is a bottom up direction coming from evolution. Multiple trends in different industries also emerge from a theme, which is a bigger vision of a human effort to address a high level problem. This is a top down direction, coming from implementation (by governments, different organizations or other interested parties with the power to influence changes at mass level). Conclusion Now you have a better understanding of trends by looking at them through the lens of human needs. Also, you might also understand time better because you realize that human needs have different degrees of impact in time and intensity. So you now see that trends don’t only relate to individuals, but also to groups of people, from the smallest community to countries and even global needs. That is the reason you’ll sometimes hear some say that time is a flat circle: because clothes change, but humans are quite the same. Needs don’t change a lot in time, just the way we address and solve them. Here’s an interesting game for you: take a look at some behaviors in your life. Which of them are driven by a bodily need, which by an intellectual or emotional one? Which ones are completely automated and you had no idea you were doing? How are these behaviors controlling parts of your life that you were unaware of until now? If you made it this far, thank you for taking the time to read this. I hope you enjoyed it, found it useful and entertaining. Ofc, I value your opinion and welcome it in the comments. Thank you!

TASVerify
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doubleHelixSpiralThis week

TASVerify

The Opportunity: $10,000 to Launch the Future of Information Verification TrueAlphaSpiral (TAS) is seeking $10,000 in seed funding to develop a working prototype of our revolutionary verification system that will transform how businesses validate the accuracy and trustworthiness of information. The Problem In today's digital landscape: 76% of businesses report significant costs from inaccurate information AI systems frequently produce plausible but factually incorrect content ("hallucinations") Traditional verification tools use outdated binary (true/false) assessments that miss critical nuance Our Solution TrueAlphaSpiral is a next-generation verification system that: Analyzes content across multiple dimensions (factual, ethical, logical, experiential) Self-improves through innovative cybernetic feedback loops Provides specialized verification for high-value industries (healthcare, finance, media) Why $10,000 Now? Your seed investment will directly fund: Prototype Development ($6,000): Build a working demonstration of our core verification technology Technical Documentation ($2,000): Create essential materials for future development partners Initial Testing ($2,000): Validate our approach with pilot users in medical information verification 90-Day Roadmap With your funding, we will deliver: | Month | Milestone | Deliverable | |-------|-----------|-------------| | 1 | Core Algorithm Implementation | Functioning verification algorithm | | 2 | Basic API & Documentation | Developer documentation & test API | | 3 | Medical Verification Prototype | Demonstration with medical test cases | Market & Growth Potential Immediate Market: Medical content verification ($2.8B annual market) Expansion Markets: Financial services, media, and AI governance Total Addressable Market: $47.5B by 2028 Return on Investment Your $10,000 seed investment will: Secure 1.5% equity in TrueAlphaSpiral Position you for priority participation in our $500K pre-seed round (Q4 2025) Provide preferential terms in our $3M seed round (Q2 2026) Why Us, Why Now? Founding Team: Expertise in AI verification, cybernetics, and domain-specific knowledge Timing: Critical market need as AI content proliferates across industries Proven Concept: Preliminary results show 37% better accuracy than existing solutions Next Steps Initial $10,000 funding transfer to begin development Weekly progress updates and milestone reviews Demo day in 90 days to showcase working prototype

How to get that big idea for your next business? Use trends!
reddit
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Human Vibe Score1
IRemember123This week

How to get that big idea for your next business? Use trends!

Hello entrepreneurs and aspiring business owners, I am Mikael and I want to share a post about how to spot business ideas. If you're wondering who the owl is, it's Agent O, my sidekick (please bear with him... or me, if you can). Let's get on to it. So, there are basically two ways of getting ideas for your new business: Find a service, product or experience that's already working. Identify and ride a trend. 🦉 : Third, have a rich relative pass you their business and sip margaritas by the sea while scrolling Reddit for the rest of your life! 🕵️ : Refrain yourself, I just got started ffs, I don't want to get banned! So, what are trends? Trends are patterns of adoption of a product, service or experience by people who want to satisfy a common need. Cool, huh? How trends start Trends emerge and evolve as temporary or permanent solutions to human needs. All products, services and experiences are the expression of human needs manifested through a perceived lack, which we humans interpret as problems. Let me make this more clear. Humans have needs: from basic (food, shelter, safety) to advanced (community, knowledge) to evolved (self actualization, spirituality) and everything in between. Don’t see this as a hierarchy, as it’s usually depicted with Maslow’s pyramid. See it as cycles with different degrees of impact on humans that vary in time and intensity. 🦉 : WHAT!?? 🕵️ : Hear me out… How Trends Affect Society Human needs are physical, emotional, intellectual and spiritual. Every day we feel the impact of those needs with different degrees of required fulfillment. You can’t go on without air for more than a few minutes. You can’t live without food and water for more than a few days. So, when it comes to the needs of the body, these have a shorter timeframe in which they need to be addressed. 🦉 : Ahh, I see what you did there… \\🕵️ \\: Thanks! But you can also live with an unfulfilled need for love or friends for a long time. You can live with a decaying health as well. And you also can live your entire life without finding out if there is a God or not. Humans perceive needs as something they lack within, which in turn is expressed as a problem on the outside. I lack food or water, this will create a problem for my survival. So I need to find food and water in my environment. This lack creates a behavior seeking a product, service or experience to fulfill that need. Makes sense? 🦉 : I just went out and got me a “Mice à la Forest” dinner! 🕵️: Bon appétit! See, Agent O fulfilled a bodily need. That’s what animals do, as they’re driven by instinct and are governed by natural laws (survive, reproduce, sleep, repeat). Humans are driven by more complex needs, as our intellect and emotions allow us to override those basic primary instincts. Why Trends Are Important What an entrepreneur does is to shift the perspective: instead of seeing a lack, he/she sees an opportunity by asking the question: how can I fulfill this need? Or, even better put: how can I help people by solving their problem? That’s the first step to solving a problem: asking a question. That is why the best products are actually problems solved by entrepreneurs who work to solve their own need for a product, service or experience. They then provide it to other people for a cost. Easy, right? That’s what entrepreneurship is: solving a problem. The bigger the problem, the bigger the impact. The bigger the impact, the higher the revenue. It’s easier to understand trends now, isn’t it? You can see that trends are nothing more than the initial adoption of a product, service or experience by a group of people who are looking for a solution to their common need. 🦉 : Did you get that from a book? 🕵️ : You snore when you sleep… ¯\\(\ツ)/\¯ 🦉 : $@#&\*! Hooman! Needs are the foundation on which the modern world is built. Once you understand needs, you fundamentally change your perception of problems into opportunities. This mental shift is the entrepreneurial mindset: where others see problems, you see solutions. Where Do Trends Start So, to recap: human needs are translated into problems. Founders understand the root of the problem (the need) and create products, services, experiences as solutions to those needs. They offer the solution to the public through startups and companies, which belong to a specific niche in a particular industry. 🦉 : Aaah, so that’s why it’s called venture capital? 🕵️ : Yeah, because you’re venturing into a new endeavor to let people know about your solution to their (and ideally your) problem. 🦉 : So if you use ads to market your venture, it’s an adventure? 🕵️ : I see what you did there… If the need behind the adoption is strong and real enough, that trend will translate into a niche within an industry. If the adoption isn’t driven by strong fundamental needs, it will turn into a fad and disappear from the perception of the public, no matter how much marketing money is thrown at it. This happens because the solution (product/service/experience) to the need didn’t create the physical, intellectual or emotional response required to create a recurring behavior around it. Remember this: Problem (why) -> Behavior (how) -> Solution (what) Understand this: there are multiple types of trends. There are product or service trends. There are industry driven trends. There are tendency driven trends, like the emergence of a new paradigm that improves a lot of industries (yes, I’m looking at you, AI). Where Do Trends Come From So now you can see that trends are patterns of adoption related to a specific human need that is addressed through one or multiple products or services. This is a bottom up direction coming from evolution. Multiple trends in different industries also emerge from a theme, which is a bigger vision of a human effort to address a high level problem. This is a top down direction, coming from implementation (by governments, different organizations or other interested parties with the power to influence changes at mass level). Conclusion Now you have a better understanding of trends by looking at them through the lens of human needs. Also, you might also understand time better because you realize that human needs have different degrees of impact in time and intensity. So you now see that trends don’t only relate to individuals, but also to groups of people, from the smallest community to countries and even global needs. That is the reason you’ll sometimes hear some say that time is a flat circle: because clothes change, but humans are quite the same. Needs don’t change a lot in time, just the way we address and solve them. Here’s an interesting game for you: take a look at some behaviors in your life. Which of them are driven by a bodily need, which by an intellectual or emotional one? Which ones are completely automated and you had no idea you were doing? How are these behaviors controlling parts of your life that you were unaware of until now? If you made it this far, thank you for taking the time to read this. I hope you enjoyed it, found it useful and entertaining. Ofc, I value your opinion and welcome it in the comments. Thank you!

Need help with the growth I couldn't handle
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luxendaryThis week

Need help with the growth I couldn't handle

Calling all innovators, dreamers, and disruptors! &#x200B; We're pioneering a new frontier in the world of manufacturing with our vision: "Text to Product". I'm seeking individuals passionate about AI, manufacturing, efficiency and automation. While we can't promise immediate financial rewards, we're offering equity in a venture that's setting out to redefine the way things are made and sold. If the prospect of revolutionizing the future of humanity excites you, we'd love to hear from you. &#x200B; &#x200B; P.S. I realized that I can't always use "brute force" for solving problems, so seeking "the right connections" (seasoned entrepreneurs, advisors). Here's the TLDR version of my story: Started a company with ex-boss, bought him out, grinded for 2 years, found a way to 1000x the orders.* Went full speed for a month, got overwhelmed, barely kept up with half the demand (with that production process).* Focused on this one "platform", shipped hundreds of thousands of units in one holiday season.* Next quarter "the platform" returned about 85% of products as "overstock", demanded money back, made legal threats.* I told them that I will go to court and they stopped bothering me.* Then Covid + Nasty divorce which made me put a pause to regroup.* 2 years later, with 2x the production capacity and after relocating to a friendlier state (from NYC to MIA) I'm ready to relaunch (with a clear head, knowledge of fast growth and what to avoid).*

TiCs -where innovation meets intelligence
reddit
LLM Vibe Score0
Human Vibe Score1
MohammadBaisThis week

TiCs -where innovation meets intelligence

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

n8n
github
LLM Vibe Score0.66
Human Vibe Score1
n8n-ioMar 28, 2025

n8n

!Banner image n8n - Secure Workflow Automation for Technical Teams n8n is a workflow automation platform that gives technical teams the flexibility of code with the speed of no-code. With 400+ integrations, native AI capabilities, and a fair-code license, n8n lets you build powerful automations while maintaining full control over your data and deployments. !n8n.io - Screenshot Key Capabilities Code When You Need It: Write JavaScript/Python, add npm packages, or use the visual interface AI-Native Platform: Build AI agent workflows based on LangChain with your own data and models Full Control: Self-host with our fair-code license or use our cloud offering Enterprise-Ready: Advanced permissions, SSO, and air-gapped deployments Active Community: 400+ integrations and 900+ ready-to-use templates Quick Start Try n8n instantly with npx (requires Node.js): Or deploy with Docker: Access the editor at http://localhost:5678 Resources 📚 Documentation 🔧 400+ Integrations 💡 Example Workflows 🤖 AI & LangChain Guide 👥 Community Forum 📖 Community Tutorials Support Need help? Our community forum is the place to get support and connect with other users: community.n8n.io License n8n is fair-code distributed under the Sustainable Use License and n8n Enterprise License. Source Available: Always visible source code Self-Hostable: Deploy anywhere Extensible: Add your own nodes and functionality Enterprise licenses available for additional features and support. Additional information about the license model can be found in the docs. Contributing Found a bug 🐛 or have a feature idea ✨? Check our Contributing Guide to get started. Join the Team Want to shape the future of automation? Check out our job posts and join our team! What does n8n mean? Short answer: It means "nodemation" and is pronounced as n-eight-n. Long answer: "I get that question quite often (more often than I expected) so I decided it is probably best to answer it here. While looking for a good name for the project with a free domain I realized very quickly that all the good ones I could think of were already taken. So, in the end, I chose nodemation. 'node-' in the sense that it uses a Node-View and that it uses Node.js and '-mation' for 'automation' which is what the project is supposed to help with. However, I did not like how long the name was and I could not imagine writing something that long every time in the CLI. That is when I then ended up on 'n8n'." - Jan Oberhauser, Founder and CEO, n8n.io

awesome-ai-in-finance
github
LLM Vibe Score0.58
Human Vibe Score1
georgezouqMar 28, 2025

awesome-ai-in-finance

Awesome AI in Finance There are millions of trades made in the global financial market every day. Data grows very quickly and people are hard to understand. With the power of the latest artificial intelligence research, people analyze & trade automatically and intelligently. This list contains the research, tools and code that people use to beat the market. [中文资源] Contents LLMs Papers Courses & Books Strategies & Research Time Series Data Portfolio Management High Frequency Trading Event Drive Crypto Currencies Strategies Technical Analysis Lottery & Gamble Arbitrage Data Sources Research Tools Trading System TA Lib Exchange API Articles Others LLMs 🌟🌟 MarS - A Financial Market Simulation Engine Powered by Generative Foundation Model. 🌟🌟 Financial Statement Analysis with Large Language Models - GPT-4 can outperform professional financial analysts in predicting future earnings changes, generating useful narrative insights, and resulting in superior trading strategies with higher Sharpe ratios and alphas, thereby suggesting a potential central role for LLMs in financial decision-making. PIXIU - An open-source resource providing a financial large language model, a dataset with 136K instruction samples, and a comprehensive evaluation benchmark. FinGPT - Provides a playground for all people interested in LLMs and NLP in Finance. MACD + RSI + ADX Strategy (ChatGPT-powered) by TradeSmart - Asked ChatGPT on which indicators are the most popular for trading. We used all of the recommendations given. A ChatGPT trading algorithm delivered 500% returns in stock market. My breakdown on what this means for hedge funds and retail investors Use chatgpt to adjust strategy parameters Hands-on LLMs: Train and Deploy a Real-time Financial Advisor - Train and deploy a real-time financial advisor chatbot with Falcon 7B and CometLLM. ChatGPT Strategy by OctoBot - Use ChatGPT to determine which cryptocurrency to trade based on technical indicators. Papers The Theory of Speculation L. Bachelier, 1900 - The influences which determine the movements of the Stock Exchange are. Brownian Motion in the Stock Market Osborne, 1959 - The common-stock prices can be regarded as an ensemble of decisions in statistical equilibrium. An Investigation into the Use of Reinforcement Learning Techniques within the Algorithmic Trading Domain, 2015 A Deep Reinforcement Learning Framework for the Financial Portfolio Management Problem Reinforcement Learning for Trading, 1994 Dragon-Kings, Black Swans and the Prediction of Crises Didier Sornette - The power laws in the distributions of event sizes under a broad range of conditions in a large variety of systems. Financial Trading as a Game: A Deep Reinforcement Learning Approach - Deep reinforcement learning provides a framework toward end-to-end training of such trading agent. Machine Learning for Trading - With an appropriate choice of the reward function, reinforcement learning techniques can successfully handle the risk-averse case. Ten Financial Applications of Machine Learning, 2018 - Slides review few important financial ML applications. FinRL: A Deep Reinforcement Learning Library for Automated Stock Trading in Quantitative Finance, 2020 - Introduce a DRL library FinRL that facilitates beginners to expose themselves to quantitative finance and to develop their own stock trading strategies. Deep Reinforcement Learning for Automated Stock Trading: An Ensemble Strategy, 2020 - Propose an ensemble strategy that employs deep reinforcement schemes to learn a stock trading strategy by maximizing investment return. Courses & Books & Blogs 🌟 QuantResearch - Quantitative analysis, strategies and backtests https://letianzj.github.io/ NYU: Overview of Advanced Methods of Reinforcement Learning in Finance Udacity: Artificial Intelligence for Trading AI in Finance - Learn Fintech Online. Advanced-Deep-Trading - Experiments based on "Advances in financial machine learning" book. Advances in Financial Machine Learning - Using advanced ML solutions to overcome real-world investment problems. Build Financial Software with Generative AI - Book about how to build financial software hands-on using generative AI tools like ChatGPT and Copilot. Mastering Python for Finance - Sources codes for: Mastering Python for Finance, Second Edition. MLSys-NYU-2022 - Slides, scripts and materials for the Machine Learning in Finance course at NYU Tandon, 2022. Train and Deploy a Serverless API to predict crypto prices - In this tutorial you won't build an ML system that will make you rich. But you will master the MLOps frameworks and tools you need to build ML systems that, together with tons of experimentation, can take you there. Strategies & Research Time Series Data Price and Volume process with Technology Analysis Indices 🌟🌟 stockpredictionai - A complete process for predicting stock price movements. 🌟 Personae - Implements and environment of Deep Reinforcement Learning & Supervised Learning for Quantitative Trading. 🌟 Ensemble-Strategy - Deep Reinforcement Learning for Automated Stock Trading. FinRL - A Deep Reinforcement Learning Library for Automated Stock Trading in Quantitative Finance. AutomatedStockTrading-DeepQ-Learning - Build a Deep Q-learning reinforcement agent model as automated trading robot. tfdeeprltrader - Trading environment(OpenAI Gym) + PPO(TensorForce). trading-gym - Trading agent to train with episode of short term trading itself. trading-rl - Deep Reinforcement Learning for Financial Trading using Price Trailing. deeprltrader - Trading environment(OpenAI Gym) + DDQN (Keras-RL). Quantitative-Trading - Papers and code implementing Quantitative-Trading. gym-trading - Environment for reinforcement-learning algorithmic trading models. zenbrain - A framework for machine-learning bots. DeepLearningNotes - Machine learning in quant analysis. stockmarketreinforcementlearning - Stock market trading OpenAI Gym environment with Deep Reinforcement Learning using Keras. Chaos Genius - ML powered analytics engine for outlier/anomaly detection and root cause analysis.. mlforecast - Scalable machine learning based time series forecasting. Portfolio Management Deep-Reinforcement-Stock-Trading - A light-weight deep reinforcement learning framework for portfolio management. qtrader - Reinforcement Learning for portfolio management. PGPortfolio - A Deep Reinforcement Learning framework for the financial portfolio management problem. DeepDow - Portfolio optimization with deep learning. skfolio - Python library for portfolio optimization built on top of scikit-learn. High Frequency Trading High-Frequency-Trading-Model-with-IB - A high-frequency trading model using Interactive Brokers API with pairs and mean-reversion. 🌟 SGX-Full-OrderBook-Tick-Data-Trading-Strategy - Solutions for high-frequency trading (HFT) strategies using data science approaches (Machine Learning) on Full Orderbook Tick Data. HFTBitcoin - Analysis of High Frequency Trading on Bitcoin exchanges. Event Drive 🌟🌟 stockpredictionai - Complete process for predicting stock price movements. 🌟 trump2cash - A stock trading bot powered by Trump tweets. Crypto Currencies Strategies LSTM-Crypto-Price-Prediction - Predicting price trends in crypto markets using an LSTM-RNN for trading. tforcebtctrader - TensorForce Bitcoin trading bot. Tensorflow-NeuroEvolution-Trading-Bot - A population model that trade cyrpto and breed and mutate iteratively. gekkoga - Genetic algorithm for solving optimization of trading strategies using Gekko. GekkoANNStrategies - ANN trading strategies for the Gekko trading bot. gekko-neuralnet - Neural network strategy for Gekko. bitcoinprediction - Code for "Bitcoin Prediction" by Siraj Raval on YouTube. Technical Analysis quant-trading - Python quantitative trading strategies. Gekko-Bot-Resources - Gekko bot resources. gekkotools - Gekko strategies, tools etc. gekko RSIWR - Gekko RSIWR strategies. gekko HL - Calculate down peak and trade on. EthTradingAlgorithm - Ethereum trading algorithm using Python 3.5 and the library ZipLine. gekkotradingstuff - Awesome crypto currency trading platform. forex.analytics - Node.js native library performing technical analysis over an OHLC dataset with use of genetic algorithmv. BitcoinMACDStrategy - Bitcoin MACD crossover trading strategy backtest. crypto-signal - Automated crypto trading & technical analysis (TA) bot for Bittrex, Binance, GDAX, and more. Gekko-Strategies - Strategies to Gekko trading bot with backtests results and some useful tools. gekko-gannswing - Gann's Swing trade strategy for Gekko trade bot. Lottery & Gamble LotteryPredict - Use LSTM to predict lottery. Arbitrage ArbitrageBot - Arbitrage bot that currently works on bittrex & poloniex. r2 - Automatic arbitrage trading system powered by Node.js + TypeScript. cryptocurrency-arbitrage - A crypto currency arbitrage opportunity calculator. Over 800 currencies and 50 markets. bitcoin-arbitrage - Bitcoin arbitrage opportunity detector. blackbird - Long / short market-neutral strategy. Data Sources Traditional Markets 🌟 Quandl - Get millions of financial and economic dataset from hundreds of publishers via a single free API. yahoo-finance - Python module to get stock data from Yahoo! Finance. Tushare - Crawling historical data of Chinese stocks. Financial Data - Stock Market and Financial Data API. Crypto Currencies CryptoInscriber - A live crypto currency historical trade data blotter. Download live historical trade data from any crypto exchange. Gekko-Datasets - Gekko trading bot dataset dumps. Download and use history files in SQLite format. Research Tools Synthical - AI-powered collaborative environment for Research. 🌟🌟 TensorTrade - Trade efficiently with reinforcement learning. ML-Quant - Quant resources from ArXiv (sanity), SSRN, RePec, Journals, Podcasts, Videos, and Blogs. JAQS - An open source quant strategies research platform. pyfolio - Portfolio and risk analytics in Python. alphalens - Performance analysis of predictive (alpha) stock factors. empyrical - Common financial risk and performance metrics. Used by Zipline and pyfolio. zvt - Zero vector trader. Trading System For Back Test & Live trading Traditional Market System 🌟🌟🌟 OpenBB - AI-powered opensource research and analytics workspace. 🌟🌟 zipline - A python algorithmic trading library. 🌟 TradingView - Get real-time information and market insights. rqalpha - A extendable, replaceable Python algorithmic backtest & trading framework. backtrader - Python backtesting library for trading strategies. kungfu - Kungfu Master trading system. lean - Algorithmic trading engine built for easy strategy research, backtesting and live trading. Combine & Rebuild pylivetrader - Python live trade execution library with zipline interface. CoinMarketCapBacktesting - As backtest frameworks for coin trading strategy. Crypto Currencies zenbot - Command-line crypto currency trading bot using Node.js and MongoDB. bot18 - High-frequency crypto currency trading bot developed by Zenbot. magic8bot - Crypto currency trading bot using Node.js and MongoDB. catalyst - An algorithmic trading library for Crypto-Assets in python. QuantResearchDev - Quant Research dev & Traders open source project. MACD - Zenbot MACD Auto-Trader. abu - A quant trading system base on python. Plugins CoinMarketCapBacktesting - Tests bt and Quantopian Zipline as backtesting frameworks for coin trading strategy. Gekko-BacktestTool - Batch backtest, import and strategy params optimalization for Gekko Trading Bot. TA Lib pandastalib - A Python Pandas implementation of technical analysis indicators. finta - Common financial technical indicators implemented in Python-Pandas (70+ indicators). tulipnode - Official Node.js wrapper for Tulip Indicators. Provides over 100 technical analysis overlay and indicator functions. techan.js - A visual, technical analysis and charting (Candlestick, OHLC, indicators) library built on D3. Exchange API Do it in real world! IbPy - Python API for the Interactive Brokers on-line trading system. HuobiFeeder - Connect HUOBIPRO exchange, get market/historical data for ABAT trading platform backtest analysis and live trading. ctpwrapper - Shanghai future exchange CTP api. PENDAX - Javascript SDK for Trading/Data API and Websockets for cryptocurrency exchanges like FTX, FTXUS, OKX, Bybit, & More Framework tf-quant-finance - High-performance TensorFlow library for quantitative finance. Visualizing playground - Play with neural networks. netron - Visualizer for deep learning and machine learning models. KLineChart - Highly customizable professional lightweight financial charts GYM Environment 🌟 TradingGym - Trading and Backtesting environment for training reinforcement learning agent. TradzQAI - Trading environment for RL agents, backtesting and training. btgym - Scalable, event-driven, deep-learning-friendly backtesting library. Articles The-Economist - The Economist. nyu-mlif-notes - NYU machine learning in finance notes. Using LSTMs to Turn Feelings Into Trades Others zipline-tensorboard - TensorBoard as a Zipline dashboard. gekko-quasar-ui - An UI port for gekko trading bot using Quasar framework. Floom AI gateway and marketplace for developers, enables streamlined integration and least volatile approach of AI features into products Other Resource 🌟🌟🌟 Stock-Prediction-Models - Stock-Prediction-Models, Gathers machine learning and deep learning models for Stock forecasting, included trading bots and simulations. 🌟🌟 Financial Machine Learning - A curated list of practical financial machine learning (FinML) tools and applications. This collection is primarily in Python. 🌟 Awesome-Quant-Machine-Learning-Trading - Quant / Algorithm trading resources with an emphasis on Machine Learning. awesome-quant - A curated list of insanely awesome libraries, packages and resources for Quants (Quantitative Finance). FinancePy - A Python Finance Library that focuses on the pricing and risk-management of Financial Derivatives, including fixed-income, equity, FX and credit derivatives. Explore Finance Service Libraries & Projects - Explore a curated list of Fintech popular & new libraries, top authors, trending project kits, discussions, tutorials & learning resources on kandi.

eiten
github
LLM Vibe Score0.549
Human Vibe Score0.754375921646308
tradyticsMar 27, 2025

eiten

Eiten - Algorithmic Investing Strategies for Everyone Eiten is an open source toolkit by Tradytics that implements various statistical and algorithmic investing strategies such as Eigen Portfolios, Minimum Variance Portfolios, Maximum Sharpe Ratio Portfolios, and Genetic Algorithms based Portfolios. It allows you to build your own portfolios with your own set of stocks that can beat the market. The rigorous testing framework included in Eiten enables you to have confidence in your portfolios. If you are looking to discuss these tools in depth and talk about more tools that we are working on, please feel free to join our Discord channel where we have a bunch of more tools too. Files Description | Path | Description | :--- | :---------- | eiten | Main folder. | &boxur; figures | Figures for this github repositories. | &boxur; stocks | Folder to keep your stock lists that you want to use to create your portfolios. | &boxur; strategies | A bunch of strategies implemented in python. | backtester.py | Backtesting module that both backtests and forward tests all portfolios. | data_loader.py | Module for loading data from yahoo finance. | portfolio_manager.py | Main file that takes in a bunch of arguments and generates several portfolios for you. | simulator.py | Simulator that uses historical returns and monte carlo to simulate future prices for the portfolios. | strategy_manager.py | Manages the strategies implemented in the 'strategies' folder. Required Packages You will need to install the following package to train and test the models. Scikit-learn Numpy Tqdm Yfinance Pandas Scipy You can install all packages using the following command. Please note that the script was written using python3. Build your portfolios Let us see how we can use all the strategies given in the toolkit to build our portfolios. The first thing you need to do is modify the stocks.txt file in the stocks folder and add the stocks of your choice. It is recommended to keep the list small i.e anywhere between 5 to 50 stocks should be fine. We have already put a small stocks list containing a bunch of tech stocks like AAPL, MSFT, TSLA etc. Let us build our portfolios now. This is the main command that you need to run. This command will use last 5 years of daily data excluding the last 90 days and build several portfolios for you. Based on those portfolios, it will then test them on the out of sample data of 90 days and show you the performance of each portfolio. Finally, it will also compare the performance with your choice of market index which is QQQ here. Let's dive into each of the parameters in detail. istest: The value determined if the program is going to keep some separate data for future testing. When this is enabled, the value of futurebars should be larger than 5. future_bars: These are the bars that the tool will exclude during portfolio building and will forward test the portfolios on the excluded set. This is also called out of sample data. datagranularityminutes: How much granular data do you want to use to build your portfolios. For long term portfolios, you should use daily data but for short term, you can use hourly or minute level data. The possible values here are 3600, 60, 30, 15, 5, 1. 3600 means daily. historytouse: Whether to use a specific number of historical bars or use everything that we receive from yahoo finance. For minute level data, we only receive up to one month of historical data. For daily, we receive 5 years worth of historical data. If you want to use all available data, the value should be all but if you want to use smaller history, you can set it to an integer value e.g 100 which will only use the last 100 bars to build the portfolios. applynoisefiltering: This uses random matrix theory to filter out the covariance matrix from randomness thus yielding better portfolios. A value of 1 will enable it and 0 will disable it. market_index: Which index do you want to use to compare your portfolios. This should mostly be SPY but since we analyzed tech stocks, we used QQQ. only_long: Whether to use long only portfolio or enable short selling as well. Long only portfolios have shown to have better performance using algorithmic techniques. eigenportfolionumber: Which eigen portfolio to use. Any value between 1-5 should work. The first eigen portfolio (1) represents the market portfolio and should act just like the underlying index such as SPY or QQQ. The second one is orthogonal and uncorrelated to the market and poses the greatest risk and reward. The following ones have reduced risk and reward. Read more on eigen-portfolios. stocksfilepath: File that contains the list of stocks that you want to use to build your portfolio. Some Portfolio Building Examples Here are a few examples for building different types of portfolios. Both long and short portfolios by analyzing last 90 days data and keeping the last 30 days as testing data. This will give us 60 days of portfolio construction data and 30 days of testing. Only long portfolio on 60 minute bars of the last 30 days. No future testing. Compare the results with SPY index instead of QQQ. Do not apply noise filtering on the covariance matrix. Use the first eigen portfolio (market portfolio) and compare with SQQQ, Portfolio Strategies Four different portfolio strategies are currently supported by the toolkit. Eigen Portfolios These portfolios are orthogonal and uncorrelated to the market in general thus yielding high reward and alpha. However, since they are uncorrelated to the market, they can also provide great risk. The first eigen portfolio is considered to be a market portfolio which is often ignored. The second one is uncorrelated to the others and provides the highest risk and reward. As we go down the numbering, the risk as well as the reward are reduced. Minimum Variance Portfolio (MVP) MVP tries to minimize the variance of the portfolio. These portfolios are lowest risk and reward. Maximum Sharpe Ratio Portfolio (MSR) MSR solves an optimization problem that tries to maximize the sharpe ratio of the portfolio. It uses past returns during the optimization process which means if past returns are not the same as future returns, the results can vary in future. Genetic Algorithm (GA) based Portfolio This is our own implementation of a GA based portfolio that again tries to maximize the sharpe ratio but in a slightly more robust way. This usually provides more robust portfolios than the others. When you run the command above, our tool will generate portfolios from all these strategies and give them to you. Let us look at some resulting portfolios. Resulting Portfolios For the purpose these results, we will use the 9 stocks in the stocks/stocks.txt file. When we run the above command, we first get the portfolio weights for all four strategies. For testing purposes, the above command used last five years of daily data up till April 29th. The remaining data for this year was used for forward testing i.e the portfolio strategies had no access to it when building the portfolios. What if my portfolio needs different stocks?: All you need to do is change the stocks in the stocks.txt file and run the tool again. Here is the final command again that we run in order to get our portfolios: Portfolio Weights We can see that the eigen portfolio is giving a large weight to TSLA while the others are dividing their weights more uniformly. An interesting phenomena happening here is the hedging with SQQQ that all the strategies have learned automatically. Every tool is assigning some positive weight to SQQQ while also assigning positive weights to other stocks which indicates that the strategies are automatically trying to hedge the portfolios from risk. Obviously this is not perfect, but just the fact that it's happening is fascinating. Let us look at the backtest results on the last five years prior to April 29, 2020. Backtest Results The backtests look pretty encouraging. The black dotted line is the market index i.e QQQ. Other lines are the strategies. Our custom genetic algorithm implementation seems to have the best backtest results because it's an advanced version of other strategies. The eigen portfolio that weighed TSLA the most have the most volatility but its profits are also very high. Finally, as expected, the MVP has the minimum variance and ultimately the least profits. However, since the variance is extremely low, it is a good portfolio for those who want to stay safe. The most interesting part comes next, let us look at the forward or future test results for these portfolios. Forward Test Results These results are from April 29th, 2020 to September 4th, 2020. The eigen portfolio performed the best but it also had a lot of volatility. Moreover, most of those returns are due to TSLA rocketing in the last few months. After that, our GA algorithm worked quite effectively as it beat the market index. Again, as expected, the MVP had the lowest risk and reward and slowly went up in 4-5 months. This shows the effectiveness and power of these algorithmic portfolio optimization strategies where we've developed different portfolios for different kinds of risk and reward profiles. Conclusion and Discussion We are happy to share this toolkit with the trading community and hope that people will like and contribute to it. As is the case with everything in trading, these strategies are not perfect but they are based on rigorous theory and some great empirical results. Please take care when trading with these strategies and always manage your risk. The above results were not cherry picked but the market has been highly bullish in the last few months which has led to the strong results shown above. We would love for the community to try out different strategies and share them with us. Special Thanks Special thanks to Scott Rome's blog. The eigen portfolios and minimum variance portfolio concepts came from his blog posts. The code for filtering eigen values of the covariance matrix was also mostly obtained from one of his posts. License A product by Tradytics Copyright (c) 2020-present, Tradytics.com

machine-learning-blackjack-solution
github
LLM Vibe Score0.42
Human Vibe Score0.022610872675250356
GregSommervilleMar 27, 2025

machine-learning-blackjack-solution

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

voicefilter
github
LLM Vibe Score0.496
Human Vibe Score0.029786815978503328
maum-aiMar 24, 2025

voicefilter

VoiceFilter Note from Seung-won (2020.10.25) Hi everyone! It's Seung-won from MINDs Lab, Inc. It's been a long time since I've released this open-source, and I didn't expect this repository to grab such a great amount of attention for a long time. I would like to thank everyone for giving such attention, and also Mr. Quan Wang (the first author of the VoiceFilter paper) for referring this project in his paper. Actually, this project was done by me when it was only 3 months after I started studying deep learning & speech separation without a supervisor in the relevant field. Back then, I didn't know what is a power-law compression, and the correct way to validate/test the models. Now that I've spent more time on deep learning & speech since then (I also wrote a paper published at Interspeech 2020 😊), I can observe some obvious mistakes that I've made. Those issues were kindly raised by GitHub users; please refer to the Issues and Pull Requests for that. That being said, this repository can be quite unreliable, and I would like to remind everyone to use this code at their own risk (as specified in LICENSE). Unfortunately, I can't afford extra time on revising this project or reviewing the Issues / Pull Requests. Instead, I would like to offer some pointers to newer, more reliable resources: VoiceFilter-Lite: This is a newer version of VoiceFilter presented at Interspeech 2020, which is also written by Mr. Quan Wang (and his colleagues at Google). I highly recommend checking this paper, since it focused on a more realistic situation where VoiceFilter is needed. List of VoiceFilter implementation available on GitHub: In March 2019, this repository was the only available open-source implementation of VoiceFilter. However, much better implementations that deserve more attention became available across GitHub. Please check them, and choose the one that meets your demand. PyTorch Lightning: Back in 2019, I could not find a great deep-learning project template for myself, so I and my colleagues had used this project as a template for other new projects. For people who are searching for such project template, I would like to strongly recommend PyTorch Lightning. Even though I had done a lot of effort into developing my own template during 2019 (VoiceFilter -> RandWireNN -> MelNet -> MelGAN), I found PyTorch Lightning much better than my own template. Thanks for reading, and I wish everyone good health during the global pandemic situation. Best regards, Seung-won Park Unofficial PyTorch implementation of Google AI's: VoiceFilter: Targeted Voice Separation by Speaker-Conditioned Spectrogram Masking. Result Training took about 20 hours on AWS p3.2xlarge(NVIDIA V100). Audio Sample Listen to audio sample at webpage: http://swpark.me/voicefilter/ Metric | Median SDR | Paper | Ours | | ---------------------- | ----- | ---- | | before VoiceFilter | 2.5 | 1.9 | | after VoiceFilter | 12.6 | 10.2 | SDR converged at 10, which is slightly lower than paper's. Dependencies Python and packages This code was tested on Python 3.6 with PyTorch 1.0.1. Other packages can be installed by: Miscellaneous ffmpeg-normalize is used for resampling and normalizing wav files. See README.md of ffmpeg-normalize for installation. Prepare Dataset Download LibriSpeech dataset To replicate VoiceFilter paper, get LibriSpeech dataset at http://www.openslr.org/12/. train-clear-100.tar.gz(6.3G) contains speech of 252 speakers, and train-clear-360.tar.gz(23G) contains 922 speakers. You may use either, but the more speakers you have in dataset, the more better VoiceFilter will be. Resample & Normalize wav files First, unzip tar.gz file to desired folder: Next, copy utils/normalize-resample.sh to root directory of unzipped data folder. Then: Edit config.yaml Preprocess wav files In order to boost training speed, perform STFT for each files before training by: This will create 100,000(train) + 1000(test) data. (About 160G) Train VoiceFilter Get pretrained model for speaker recognition system VoiceFilter utilizes speaker recognition system (d-vector embeddings). Here, we provide pretrained model for obtaining d-vector embeddings. This model was trained with VoxCeleb2 dataset, where utterances are randomly fit to time length [70, 90] frames. Tests are done with window 80 / hop 40 and have shown equal error rate about 1%. Data used for test were selected from first 8 speakers of VoxCeleb1 test dataset, where 10 utterances per each speakers are randomly selected. Update: Evaluation on VoxCeleb1 selected pair showed 7.4% EER. The model can be downloaded at this GDrive link. Run After specifying traindir, testdir at config.yaml, run: This will create chkpt/name and logs/name at base directory(-b option, . in default) View tensorboardX Resuming from checkpoint Evaluate Possible improvments Try power-law compressed reconstruction error as loss function, instead of MSE. (See #14) Author Seungwon Park at MINDsLab (yyyyy@snu.ac.kr, swpark@mindslab.ai) License Apache License 2.0 This repository contains codes adapted/copied from the followings: utils/adabound.py from https://github.com/Luolc/AdaBound (Apache License 2.0) utils/audio.py from https://github.com/keithito/tacotron (MIT License) utils/hparams.py from https://github.com/HarryVolek/PyTorchSpeakerVerification (No License specified) utils/normalize-resample.sh from https://unix.stackexchange.com/a/216475

video-killed-the-radio-star
github
LLM Vibe Score0.48
Human Vibe Score0.018384486870142776
dmarxMar 23, 2025

video-killed-the-radio-star

Video Killed The Radio Star Requirements ffmpeg - https://ffmpeg.org/ pytorch - https://pytorch.org/get-started/locally/ vktrs - (this repo) - pip install vktrs[api] stability_sdk api token - https://beta.dreamstudio.ai/ > circular icon in top right > membership > API Key whisper - pip install git+https://github.com/openai/whisper FAQ What is this? TLDR: Automated music video maker, given an mp3 or a youtube URL How does this animation technique work? For each text prompt you provide, the notebook will... Generate an image based on that text prompt (using stable diffusion) Use the generated image as the init_image to recombine with the text prompt to generate variations similar to the first image. This produces a sequence of extremely similar images based on the original text prompt Images are then intelligently reordered to find the smoothest animation sequence of those frames This image sequence is then repeated to pad out the animation duration as needed The technique demonstrated in this notebook was inspired by a video created by Ben Gillin. How are lyrics transcribed? This notebook uses openai's recently released 'whisper' model for performing automatic speech recognition. OpenAI was kind of to offer several different sizes of this model which each have their own pros and cons. This notebook uses the largest whisper model for transcribing the actual lyrics. Additionally, we use the smallest model for performing the lyric segmentation. Neither of these models is perfect, but the results so far seem pretty decent. The first draft of this notebook relied on subtitles from youtube videos to determine timing, which was then aligned with user-provided lyrics. Youtube's automated captions are powerful and I'll update the notebook shortly to leverage those again, but for the time being we're just using whisper for everything and not referencing user-provided captions at all. Something didn't work quite right in the transcription process. How do fix the timing or the actual lyrics? The notebook is divided into several steps. Between each step, a "storyboard" file is updated. If you want to make modifications, you can edit this file directly and those edits should be reflected when you next load the file. Depending on what you changed and what step you run next, your changes may be ignored or even overwritten. Still playing with different solutions here. Can I provide my own images to 'bring to life' and associate with certain lyrics/sequences? Yes, you can! As described above: you just need to modify the storyboard. Will describe this functionality in greater detail after the implementation stabilizes a bit more. This gave me an idea and I'd like to use just a part of your process here. What's the best way to reuse just some of the machinery you've developed here? Most of the functionality in this notebook has been offloaded to library I published to pypi called vktrs. I strongly encourage you to import anything you need from there rather than cutting and pasting function into a notebook. Similarly, if you have ideas for improvements, please don't hesitate to submit a PR! Dev notes

airoboros
github
LLM Vibe Score0.506
Human Vibe Score0.020378533434805633
jondurbinMar 19, 2025

airoboros

airoboros: using large language models to fine-tune large language models This is my take on implementing the Self-Instruct paper. The approach is quite heavily modified, and does not use any human-generated seeds. This updated implementation supports either the /v1/completions endpoint or /v1/chat/completions, which is particularly useful in that it supports gpt-4 and gpt-3.5-turbo (which is 1/10 the cost of text-davinci-003). Huge thank you to the folks over at a16z for sponsoring the costs associated with building models and associated tools! Install via pip: from source (keeping the source): Key differences from self-instruct/alpaca support for either /v1/completions or /v1/chat/completions APIs (which allows gpt-3.5-turbo instead of text-davinci-003, as well as gpt-4 if you have access) support for custom topics list, custom topic generation prompt, or completely random topics in-memory vector db (Chroma) for similarity comparison, which is much faster than calculating rouge score for each generated instruction (seemingly) better prompts, which includes injection of random topics to relate the instructions to, which creates much more diverse synthetic instructions asyncio producers with configurable batch size several "instructors", each targetting specific use-cases, such as Orca style reasoning/math, role playing, etc. tries to ensure the context, if provided, is relevant to the topic and contains all the information that would be necessary to respond to the instruction, and nost just a link to article/etc. generally speaking, this implementation tries to reduce some of the noise Goal of this project Problem and proposed solution: Models can only ever be as good as the data they are trained on. High quality data is difficult to curate manually, so ideally the process can be automated by AI/LLMs. Large models (gpt-4, etc.) are pricey to build/run and out of reach for individuals/small-medium business, and are subject to RLHF bias, censorship, and changes without notice. Smaller models (llama-2-70b, etc.) can reach somewhat comparable performance in specific tasks to much larger models when trained on high quality data. The airoboros tool allows building datasets that are focused on specific tasks, which can then be used to build a plethora of individual expert models. This means we can crowdsource building experts. Using either a classifier model, or simply calculating vector embeddings for each item in the dataset and using faiss index/cosine similarity/etc. search, incoming requests can be routed to a particular expert (e.g. dynamically loading LoRAs) to get extremely high quality responses. Progress: ✅ PoC that training via self-instruction, that is, datasets generated from language models, works reasonably well. ✅ Iterate on the PoC to use higher quality prompts, more variety of instructions, etc. ✅ Split the code into separate "instructors", for specializing in any particular task (creative writing, songs, roleplay, coding, execution planning, function calling, etc.) [in progress]: PoC that an ensemble of LoRAs split by the category (i.e., the instructor used in airoboros) has better performance than the same param count model tuned on all data [in progress]: Remove the dependency on OpenAI/gpt-4 to generate the training data so all datasets can be completely free and open source. [future]: Automatic splitting of experts at some threshold, e.g. "coding" is split into python, js, golang, etc. [future]: Hosted service/site to build and/or extend datasets or models using airoboros. [future]: Depending on success of all of the above, potentially a hosted inference option with an exchange for private/paid LoRAs. LMoE LMoE is the simplest architecture I can think of for a mixture of experts. It doesn't use a switch transformer, doesn't require slicing and merging layers with additional fine-tuning, etc. It just dynamically loads the best PEFT/LoRA adapter model based on the incoming request. By using this method, we can theoretically crowdsource generation of dozens (or hundreds/thousands?) of very task-specific adapters and have an extremely powerful ensemble of models with very limited resources on top of a single base model (llama-2 7b/13b/70b). Tuning the experts The self-instruct code contained within this project uses many different "instructors" to generate training data to accomplish specific tasks. The output includes the instructor/category that generated the data. We can use this to automatically segment the training data to fine-tune specific "experts". See scripts/segment_experts.py for an example of how the training data can be segmented, with a sampling of each other expert in the event of misrouting. See scripts/tune_expert.py for an example of creating the adapter models (with positional args for expert name, model size, etc.) NOTE: this assumes use of my fork of qlora https://github.com/jondurbin/qlora Routing requests to the expert The "best" routing mechanism would probably be to train a classifier based on the instructions for each category, with the category/expert being the label, but that prohibits dynamic loading of new experts. Instead, this supports 3 options: faiss index similarity search using the training data for each expert (default) agent-based router using the "function" expert (query the LLM with a list of available experts and their descriptions, ask which would be best based on the user's input) specify the agent in the JSON request Running the API server First, download the base llama-2 model for whichever model size you want, e.g.: llama-2-7b-hf Next, download the LMoE package that corresponds to that base model, e.g.: airoboros-lmoe-7b-2.1 NOTE: 13b also available, 70b in progress Here's an example command to start the server: to use the agent-based router, add --agent-router to the arguments This uses flash attention via bettertransformers (in optimum). You may need to install torch nightly if you see an error like 'no kernel available', e.g.: Once started, you can infer using the same API scheme you'd query OpenAI API with, e.g.: I've also added an vllm-based server, but the results aren't quite as good (not sure why yet). To use it, make sure you install vllm and fschat, or pip install airoboros[vllm] Generating instructions NEW - 2023-07-18 To better accommodate the plethora of options, the configuration has been moved to a YAML config file. Please create a copy of example-config.yaml and configure as desired. Once you have the desired configuration, run: Generating topics NEW - 2023-07-18 Again, this is now all YAML configuration based! Please create a customized version of the YAML config file, then run: You can override the topic_prompt string in the configuration to use a different topic generation prompt. Support the work https://bmc.link/jondurbin ETH 0xce914eAFC2fe52FdceE59565Dd92c06f776fcb11 BTC bc1qdwuth4vlg8x37ggntlxu5cjfwgmdy5zaa7pswf Models (research use only): gpt-4 versions llama-2 base model 2.1 dataset airoboros-l2-7b-2.1 airoboros-l2-13b-2.1 airoboros-l2-70b-2.1 airoboros-c34b-2.1 2.0/m2.0 airoboros-l2-7b-gpt4-2.0 airoboros-l2-7b-gpt4-m2.0 airoboros-l2-13b-gpt4-2.0 airoboros-l2-13b-gpt4-m2.0 Previous generation (1.4.1 dataset) airoboros-l2-70b-gpt4-1.4.1 airoboros-l2-13b-gpt4-1.4.1 airoboros-l2-7b-gpt4-1.4.1 original llama base model Latest version (2.0 / m2.0 datasets) airoboros-33b-gpt4-2.0 airoboros-33b-gpt4-m2.0 Previous generation (1.4.1 dataset) airoboros-65b-gpt4-1.4 airoboros-33b-gpt4-1.4 airoboros-13b-gpt4-1.4 airoboros-7b-gpt4-1.4 older versions on HF as well* mpt-30b base model airoboros-mpt-30b-gpt4-1.4 gpt-3.5-turbo versions airoboros-gpt-3.5-turbo-100k-7b airoboros-13b airoboros-7b Datasets airoboros-gpt-3.5-turbo airoboros-gpt4 airoboros-gpt4-1.1 airoboros-gpt4-1.2 airoboros-gpt4-1.3 airoboros-gpt4-1.4 airoboros-gpt4-2.0 (June only GPT4) airoboros-gpt4-m2.0 airoboros-2.1 (recommended)

I ranked every AI Coder: Bolt vs. Cursor vs. Replit vs Lovable
youtube
LLM Vibe Score0.399
Human Vibe Score0.77
Greg IsenbergJan 24, 2025

I ranked every AI Coder: Bolt vs. Cursor vs. Replit vs Lovable

v0 vs windsurf vs replit vs bolt vs lovable vs tempolabs - which one should you use? Ras Mic breaks down the AI coding platforms based on how tech-savvy you are and how much control you want. He splits the tools into three groups: no-code options for non-techies, hybrid platforms for those with a mix of skills, and advanced tools for developers. None of them are quite ready for full-on production yet, but the video highlights what each one does best—whether it’s integrations, teamwork, or deployment features. Timestamps: 00:00 - Intro 01:00 - Overview of Popular Tools 02:29 - Technical vs. non-technical user classification 05:37 - Production readiness discussion 09:50 - Mapping Tools to User Profiles 12:52 - Platform comparisons and strengths 15:15 - Pricing discussion 16:43 - AI agents in coding platforms 19:04 - Final Recommendations and User Alignment Key Points: • Comprehensive comparison of major AI coding platforms (Lovable, Bolt, V0, Replit, Tempo Labs, Onlook, Cursor, Windsurf) • Tools categorized by technical expertise required and level of control offered • None of the platforms are 100% production-ready, but Replit and Tempo Labs are closest • All platforms offer similar base pricing ($20-30/month) with generous free tiers 1) First, understand the 3 MAJOR CATEGORIES of AI coding tools: • No-code (non-technical friendly) • Middle-ground (hybrid) • Technical (developer-focused) Your choice depends on TWO key factors: How much control you want Your technical expertise 2) THE CONTROL SPECTRUM Less Control → More Control • Lovable (basic control) • Bolt/V0 (code tweaking) • Replit (file management) • Tempo/Onlook (design control) • Cursor/Windsurf (full code control) 3) PRODUCTION READINESS STATUS Most honest take: None are 100% there yet, but some are close: Top contenders: • Replit • Tempo Labs Runner-ups: • Bolt • Lovable Pro tip: Start building now to be ready when they mature! 4) BEST TOOLS BY USER TYPE Non-technical: • Lovable • Bolt Product-minded non-technical: • Tempo Labs • Replit Technical folks: • Cursor • Windsurf 5) WINNING FEATURES BY PLATFORM Integrations: Lovable (crushing it!) Replit Tempo Labs Collaboration: Tempo Labs Replit Deployment: All solid, but Tempo needs work 6) PRICING INSIDER TIP All platforms hover around $20-30/month for basic tiers SECRET: They ALL have generous free tiers! Pro tip: Test drive everything before committing to paid plans 7) FINAL ADVICE Build a simple todo app on each platform Use free tiers to test Choose based on: Your technical comfort Desired level of control Specific project needs Remember: There's no "perfect" tool - just the right one for YOU! Notable Quotes: "None of the tools are there yet. I cannot confidently say you can build something to production easily, simply without a ton of roadblocks." - Ras Mic "Control is not for everybody. Did you like the assumptions that AI product was making for you? Or do you want to be able to tell it exactly what to do?" - Ras Mic LCA helps Fortune 500s and fast-growing startups build their future - from Warner Music to Fortnite to Dropbox. We turn 'what if' into reality with AI, apps, and next-gen products https://latecheckout.agency/ BoringAds — ads agency that will build you profitable ad campaigns http://boringads.com/ BoringMarketing — SEO agency and tools to get your organic customers http://boringmarketing.com/ Startup Empire - a membership for builders who want to build cash-flowing businesses https://www.startupempire.co FIND ME ON SOCIAL X/Twitter: https://twitter.com/gregisenberg Instagram: https://instagram.com/gregisenberg/ LinkedIn: https://www.linkedin.com/in/gisenberg/ FIND MIC ON SOCIAL X/Twitter: https://x.com/rasmickyy Youtube: https://www.youtube.com/@rasmic

ai_primer
github
LLM Vibe Score0.347
Human Vibe Score0.0036202231602591754
trokasNov 20, 2024

ai_primer

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

Delivering Automations to Clients (How I Do It)
youtube
LLM Vibe Score0.375
Human Vibe Score0.52
Tyler Germain | AI AutomationJul 21, 2023

Delivering Automations to Clients (How I Do It)

In this video, I explain how to deliver AI Automation Services to your clients. Wether you are building a custom chatbot using Botpress & Stack AI, or you are building custom business process automations with Make.com, this video has you covered. Service delivery is a crucial component of running a respectable agency, and perfecting it will help you scale your business. ▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬ ✅ How to Deliver Services for AI Automation Agencies ✅ Subscribe to Stay Up to Date @tylergermain 🤙🏻 ▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬ Instagram: https://www.instagram.com/itstylergermain Twitter: https://twitter.com/itstylergermain LinkedIn: https://www.linkedin.com/in/tylergermain Business Email: tyler@automationunlocked.co ▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬ I’m Tyler Germain, the creator of this channel, dedicated to AI automation. I’m sharing knowledge on starting, growing, and managing my automation agency, Automation Unlocked. I worked in the field of data analytics for years, before ultimately quitting my job to pursue AI automation full time. On this channel, I offer insights on securing clients, selling services, and even delving into real-life client projects. I teach viewers the skills to utilize powerful tools like make.com and zapier, as well as a bit of no-code magic. Join me on my channel to unlock the secrets of AI automation and discover a world of endless possibilities. ▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬ Links: Botpress 👉 https://botpress.com/ Make.com 👉 https://www.make.com/en/register?pc=automationunlocked Automation Unlocked Memberships 👉 https://www.automationunlocked.co ▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬ Join the AI Automation Community 🤘 https://discord.gg/YQzppBm5Vf ▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬ Work with Our Team 🦾 https://www.automationunlocked.co/agency