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

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

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

[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 || ​ 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|| ​ 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 ​ 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. ​ 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.

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

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

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

I sold my AI tool for $35,000
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marclouvThis week

I sold my AI tool for $35,000

Hey Entrepreneurs, Marc here. Last month I wrote here about how sold a habit tracker for $10,000 in October. Earlier this month, I got $35,000 in my bank account after selling a landing page maker with AI. Here's the story: ​ April 2023: Just like everyone, I get massive FOMO with AI. I played with GPT and decided to build a landing page generator with AI: Input text and the AI prefills a template with copy and AI-generated images. I'm working on it with a good friend of mine named Martin. May: The product is called LandingAI. It's an MVP but we launched and made \~$8,000. Unfortunately, Martin and I had different visions for the project so we forked. ​ June: LandingAI is the name of a big corp (bummer) so I rebranded it to MakeLanding. I ditch 90% of the code because users want a very different product: So here I am, building an entire website builder powered with AI... ​ July: I launched again, but made a BIG mistake: I swapped the one-time payment for a monthly subscription and got $20 MRR for 15k visitors... If you can avoid subscriptions, do it New pricing means new positioning—users compared the app to Framer & Webflow August: I removed the subscription and sales came back: \~$7,000 in 3 months. But I realized this was going nowhere... September: I don't use the product The market is gigantic and crowded As a solopreneur, nothing is more important for me than building cool stuff for people I care about. And I didn't really care about this big market so... October: I called my friend Dan and he said: SELL. He was right. I bought my shares of LandingAI from Martin and listed MakeLanding on Acquire: Asking $38,000 for $14,000 TTM (3x profit) Within hours, I received dozens of NDAs and a buyer started the process 🤯 After a few weeks of NDA, LOI, Escrow, etc. the buyer sent the money but... Only a fraction of the transaction. Then he ghosted me. So I canceled the transition. Back to Acquire... Luckily, in 24 hours I got another buyer! ​ November: Within weeks, the money was in my bank account. The buyer and I never called, just a few messages. It's mind-blowing. ​ My takeaways: Don't build AI products just because Don't go on a massive market you don't care Sell if you don't know how to grow the product It's my 3rd acquisition this year. I love the freedom of build, sell, repeat.

[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 || ​ 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|| ​ 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 ​ 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. ​ 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.

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

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

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

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

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

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

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

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

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

Joined an AI Startup with Ex-ShipStation Team - Need Tips on Finding Early Users
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welcomereadThis week

Joined an AI Startup with Ex-ShipStation Team - Need Tips on Finding Early Users

Hey Reddit, My name’s Welcome (Yes, that’s really my name), and I’ve been in tech for most of my career, mostly at bigger companies with established brands and resources. But recently, I decided to join a small startup called BotDojo. It’s my first time being part of a small team, and it’s been a pretty eye-opening experience so far. But, like with anything new, I’ve hit a few bumps along the way, and I’m hoping you all might have some advice. A little backstory: BotDojo was started by some of the engineers who used to work together at ShipStation. After ShipStation sold, they spent some time experimenting with AI but kept running into the same problems—having to patch together tools, getting inconsistent results, handling data ingestion, and struggling to track performance. So, they decided to build a platform to help developers build, test, and deploy AI solutions. Since I came on board, my focus has been on finding early users, and it’s been a mixed bag of wins and frustrations. We’ve got a solid group of people using the free version (which is great), but only a few have upgraded to the paid plan so far (ranging from startups to large enterprises). The cool thing is that those who have become paying customers absolutely love the product. It’s just been hard getting more people to that point. We’ve tried a bunch of things: Attending industry events, doing cold email outreach, running social ads (the usual stuff). And while we’ve seen some interest, we’re running into a few challenges:   Learning curve: The software is really powerful, but it takes a week or two for users to really see what it can do. Without a dedicated sales team to walk them through it, it’s been tough getting people to stick around long enough to see the value. Standing out is hard: The AI space is super crowded right now. I think a lot of people see “AI tool” and assume it’s just like everything else out there (even though BotDojo has some awesome features that really set it apart).  Sign-ups, but limited engagement: We’re on a freemium model to make it easy for people to try it out, but that also means we get a lot of bots and people who sign up but don’t really dive in. So, I thought I’d reach out here and see if anyone has been through this early stage before. How did you manage to break through and find those first paying users who really saw the value in what you were building?  Are there any strategies, communities, or tactics that worked particularly well for you? And if you had to do it all over again, what would you focus on? I figure I’m not the only one trying to navigate these waters, so I’m hoping this can be a helpful thread for others too. Thanks so much for reading, and I’d be super grateful for any advice or insights you can share! 🙏

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

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

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

Upselling from $8/mo to $2k/mo
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Afraid-Astronomer130This week

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

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

10y of product development, 2 bankruptcies, and 1 Exit — what next? [Extended Story]
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Slight-Explanation29This week

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

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

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

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

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

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

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

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

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

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

Running and selling multiple side projects alongside a 9-5
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leanpreneur1This week

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?

Things I did to promote my product, and how they turned out
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laike9mThis week

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

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

PlumbingJobs.com - I launched a niche job board with hand-curated jobs for plumbers. Here's the summary of how it's going after the 3rd month
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PlumbingJobs.com - I launched a niche job board with hand-curated jobs for plumbers. Here's the summary of how it's going after the 3rd month

On October 12th 2024, I launched PlumbingJobs.com, and this is my first update (January 2025) in what I hope will be a long journey. To stay accountable and track progress, I’ll be sharing monthly updates about the site's stats, achievements, challenges, and my plans moving forward. While these posts are mostly to document the journey, I hope they’ll also be helpful to others, especially members of r/SideProject who might be working on their own first online projects. If this post isn’t a good fit for this subreddit, I’m happy to remove it or move updates elsewhere. The goal for PlumbingJobs.com is clear: to become the #1 job board for plumber jobs, featuring hand-picked opportunities the plumbing industry. Let’s dive right in: Statistics update ~ 4th Quarter of 2024 |\-|October|November|December| |:-|:-|:-|:-| |Jobs Posted:|2|16|43| |Paid Post:|0|2|2| |Free Post:|0|1|2| |Visitors:|72|138|1,164| |Avg. Time Per Visit:|1 min. 24 sec|2 min. 15 sec|3 min. 41 sec| |Pageviews:|196|308|2,590| |Avg. Actions:|1.1|2.3|2.3| |Bounce Rate:|87%|73%|40%| I'm not a very technical guy and I don't know how to code. So the best way for me was learning to build it using Wordpress through YouTube. Also, I believe in the power of a great .COM domain name, and the stats from the first three months have only reinforced that belief: 49.2% of traffic comes directly from users typing the URL into their browsers. 48% of traffic is from search engines like Google and Bing. The remaining 1.8% comes from social media and other backlinks. Pricing Tiers and Early Wins I offer three pricing tiers for job listings: Free Listing: Basic exposure for job openings. Silver Listing ($45): Greater visibility and placement on the site. Gold Listing ($95): Premium visibility and enhanced promotion. To my surprise, my very first sale in October was a Gold Listing! That initial $95 sale was the motivation I needed to keep building. Later that month, I sold a Silver Listing, bringing my total revenue for October to $140. The same revenue was generated in December 2024, showing consistent early interest. Steps Taken in December To boost SEO and add value to the site, I created a Plumbing Directory, featuring: Plumbing companies across the U.S. Their stories, contact information, logos, addresses, business hours, and more. This directory serves as free marketing for these businesses and increases the likelihood they’ll discover my site and support it by posting job openings. Plans Moving Forward Social Media Marketing: I plan to automate posts using AI to expand reach and drive more traffic to the site. Consistency in Job Postings: I’m committed to posting 2–3 plumbing jobs daily to keep the site fresh and useful for plumbers seeking work. Looking forward to grow this niche job board slowly but surely this 2025. If you have any questions, concerns, come across glitches - feel free to reach out, happy to chat. Thank you all again, and see you in a month. Romel@plumbingjobs.com

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

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

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

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

We made $325k in 2023 from AI products, starting from 0, with no-code, no funding and no audience
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hopefully_usefulThis week

We made $325k in 2023 from AI products, starting from 0, with no-code, no funding and no audience

I met my co-founder in late 2022 after an introduction from a mutual friend to talk about how to find contract Product Management roles. I was sporadically contracting at start-up at the time and he had just come out of another start-up that was wiped out by the pandemic. We hit it off, talking about ideas, sharing what other indie-hackers were doing, and given GPT-3’s prominence at the time, we started throwing around ideas about things we could build with it, if nothing else, just to learn. I should caveat, neither of us were AI experts when starting out, everything we learned has been through Twitter and blogs, my background is as an accountant, and his a consultant. Here’s how it went since then: &#x200B; Nov 2022 (+$50) \- We built a simple tool in around a week using GPT-3 fine-tuning and a no-code tool (Bubble) that helped UK university students write their personal statements for their applications \- We set some Google Ads going and managed to make a few sales (\~$50) in the first week \- OpenAI were still approving applications at the time and said this went against their “ethics” so we had to take it down &#x200B; Dec 2022 (+$200) \- We couldn’t stop coming up with ideas related to AI fine-tuning, but realised it was almost impossible to decide which to pursue \- We needed a deadline to force us so we signed up for the Ben’s Bites hackathon in late December \- In a week, we built and launched a no-code fine-tuning platform, allowing people to create fine-tuned models by dragging and dropping an Excel file onto it \- We launched it on Product Hunt, having no idea how to price it, and somehow managed to get \~2,000 visitors on the site and make 2 sales at $99 &#x200B; Jan 2023 (+$3,000) \- We doubled down on the fine-tuning idea and managed to get up to \~$300 MRR, plus a bunch of one-time sales and a few paid calls to help people get the most out of their models \- We quickly realised that people didn’t want to curate models themselves, they just wanted to dump data and get magic out \- That was when we saw people building “Talk with x book/podcast” on Twitter as side projects and realised that was the missing piece, we needed to turn it into a tool \- We started working on the new product in late January &#x200B; Feb 2023 (+$9,000) \- We started pre-selling access to an MVP for the new product, which allowed people to “chat with their data/content”, we got $5,000 in pre-sales, more than we made from the previous product in total \- By mid-February, after 3 weeks of building we were able to launch and immediately managed to get traction, getting to $1k MRR in < 1 week, building on the hype of ChatGPT and AI (we were very lucky here) &#x200B; Mar - Jul 2023 (+$98,000) \- We worked all the waking hours to keep up with customer demand, bugs, OpenAI issues \- We built integrations for a bunch of services like Slack, Teams, Wordpress etc, added tons of new functionality and continue talking to customers every day \- We managed to grow to $17k MRR (just about enough to cover our living expenses and costs in London) through building in public on Twitter, newsletters and AI directories (and a million other little things) \- We sold our fine-tuning platform for \~$20k and our university project for \~$3k on Acquire &#x200B; Aug 2023 (+$100,000) \- We did some custom development work based on our own product for a customer that proved pretty lucrative &#x200B; Sep - Oct 2023 (+$62,000) \- After 8 months of building constantly, we started digging more seriously into our usage and saw subscriptions plateauing \- We talked to and analysed all our paying users to identify the main use cases and found 75% were for SaaS customer support \- We took the leap to completely rebuild a version of our product around this use case, our biggest to date (especially given most features with no-code took us <1 day) &#x200B; Nov - Dec 2023 (+$53,000) \- We picked up some small custom development work that utilised our own tech \- We’re sitting at around $22k MRR now with a few bigger clients signed up and coming soon \- After 2 months of building and talking to users, we managed to finish our “v2” of our product, focussed squarely on SaaS customer support and launched it today. &#x200B; We have no idea what the response will be to this new version, but we’re pretty happy with it, but couldn’t have planned anything that happened to us in 2023 so who knows what will come of 2024, we just know that we are going to be learning a ton more. &#x200B; Overall, it is probably the most I have had to think in my life - other jobs you can zone out from time to time or rely on someone else if you aren’t feeling it - not when you are doing this, case and point, I am writing this with a banging head-cold right now, but wanted to get this done. A few more things we have learned along the way - context switching is unreal, as is keeping up with, learning and reacting to AI. There isn’t a moment of the day I am not thinking about what we do next. But while in some way we now have hundreds of bosses (our customers) I still haven’t felt this free and can’t imagine ever going back to work for someone else. Next year we’re really hoping to figure out some repeatable distribution channels and personally, I want to get a lot better at creating content/writing, this is a first step! Hope this helps someone else reading this to just try starting something and see what happens.

The delicate balance of building an online community business
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The delicate balance of building an online community business

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

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

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

Follow Along as I Flip this Website - Case Study
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jshogren10This week

Follow Along as I Flip this Website - Case Study

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

We made $325k in 2023 from AI products, starting from 0, with no-code, no funding and no audience
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hopefully_usefulThis week

We made $325k in 2023 from AI products, starting from 0, with no-code, no funding and no audience

I met my co-founder in late 2022 after an introduction from a mutual friend to talk about how to find contract Product Management roles. I was sporadically contracting at start-up at the time and he had just come out of another start-up that was wiped out by the pandemic. We hit it off, talking about ideas, sharing what other indie-hackers were doing, and given GPT-3’s prominence at the time, we started throwing around ideas about things we could build with it, if nothing else, just to learn. I should caveat, neither of us were AI experts when starting out, everything we learned has been through Twitter and blogs, my background is as an accountant, and his a consultant. Here’s how it went since then: &#x200B; Nov 2022 (+$50) \- We built a simple tool in around a week using GPT-3 fine-tuning and a no-code tool (Bubble) that helped UK university students write their personal statements for their applications \- We set some Google Ads going and managed to make a few sales (\~$50) in the first week \- OpenAI were still approving applications at the time and said this went against their “ethics” so we had to take it down &#x200B; Dec 2022 (+$200) \- We couldn’t stop coming up with ideas related to AI fine-tuning, but realised it was almost impossible to decide which to pursue \- We needed a deadline to force us so we signed up for the Ben’s Bites hackathon in late December \- In a week, we built and launched a no-code fine-tuning platform, allowing people to create fine-tuned models by dragging and dropping an Excel file onto it \- We launched it on Product Hunt, having no idea how to price it, and somehow managed to get \~2,000 visitors on the site and make 2 sales at $99 &#x200B; Jan 2023 (+$3,000) \- We doubled down on the fine-tuning idea and managed to get up to \~$300 MRR, plus a bunch of one-time sales and a few paid calls to help people get the most out of their models \- We quickly realised that people didn’t want to curate models themselves, they just wanted to dump data and get magic out \- That was when we saw people building “Talk with x book/podcast” on Twitter as side projects and realised that was the missing piece, we needed to turn it into a tool \- We started working on the new product in late January &#x200B; Feb 2023 (+$9,000) \- We started pre-selling access to an MVP for the new product, which allowed people to “chat with their data/content”, we got $5,000 in pre-sales, more than we made from the previous product in total \- By mid-February, after 3 weeks of building we were able to launch and immediately managed to get traction, getting to $1k MRR in < 1 week, building on the hype of ChatGPT and AI (we were very lucky here) &#x200B; Mar - Jul 2023 (+$98,000) \- We worked all the waking hours to keep up with customer demand, bugs, OpenAI issues \- We built integrations for a bunch of services like Slack, Teams, Wordpress etc, added tons of new functionality and continue talking to customers every day \- We managed to grow to $17k MRR (just about enough to cover our living expenses and costs in London) through building in public on Twitter, newsletters and AI directories (and a million other little things) \- We sold our fine-tuning platform for \~$20k and our university project for \~$3k on Acquire &#x200B; Aug 2023 (+$100,000) \- We did some custom development work based on our own product for a customer that proved pretty lucrative &#x200B; Sep - Oct 2023 (+$62,000) \- After 8 months of building constantly, we started digging more seriously into our usage and saw subscriptions plateauing \- We talked to and analysed all our paying users to identify the main use cases and found 75% were for SaaS customer support \- We took the leap to completely rebuild a version of our product around this use case, our biggest to date (especially given most features with no-code took us <1 day) &#x200B; Nov - Dec 2023 (+$53,000) \- We picked up some small custom development work that utilised our own tech \- We’re sitting at around $22k MRR now with a few bigger clients signed up and coming soon \- After 2 months of building and talking to users, we managed to finish our “v2” of our product, focussed squarely on SaaS customer support and launched it today. &#x200B; We have no idea what the response will be to this new version, but we’re pretty happy with it, but couldn’t have planned anything that happened to us in 2023 so who knows what will come of 2024, we just know that we are going to be learning a ton more. &#x200B; Overall, it is probably the most I have had to think in my life - other jobs you can zone out from time to time or rely on someone else if you aren’t feeling it - not when you are doing this, case and point, I am writing this with a banging head-cold right now, but wanted to get this done. A few more things we have learned along the way - context switching is unreal, as is keeping up with, learning and reacting to AI. There isn’t a moment of the day I am not thinking about what we do next. But while in some way we now have hundreds of bosses (our customers) I still haven’t felt this free and can’t imagine ever going back to work for someone else. Next year we’re really hoping to figure out some repeatable distribution channels and personally, I want to get a lot better at creating content/writing, this is a first step! Hope this helps someone else reading this to just try starting something and see what happens.

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

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

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

B2B Marketers: What’s Your #1 Tip for Selling SaaS to Other Businesses? (Building a Tool for Shopify SEO)
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iammanmanthemanThis week

B2B Marketers: What’s Your #1 Tip for Selling SaaS to Other Businesses? (Building a Tool for Shopify SEO)

Hi everyone! I’m part of a team building an AI-powered SEO tool specifically for Shopify stores (think automated technical fixes, predictive keyword optimization, etc.). We’re in the early stages and want to learn from seasoned B2B marketers: We’re struggling with: How to position a technical SaaS product to non-technical Shopify merchants. Cutting through the noise in a crowded SEO tools market. Building trust quickly with time-strapped business owners. Questions for B2B Marketing Pros: What’s the biggest mistake you made when marketing a SaaS product to businesses? What’s one underrated tactic that’s worked wonders for B2B lead gen? How do you prove ROI to skeptical buyers? (Especially for something abstract like SEO.) What’s your go-to channel for cold outreach that doesn’t feel spammy? What’s a hidden psychological trigger that works in B2B sales? What’s the best way to leverage case studies/testimonials when you’re just starting out? What’s one thing most founders waste money on in B2B marketing? For Those Who’ve Sold to Shopify Merchants: What’s their biggest pain point when evaluating tools? What type of content (webinars, blogs, demos) convinces them to buy? The Deal: We’ll compile all advice into a guide and credit contributors. If you're willing to have a virtual coffee chat, please reach out to us, we are always willing to listen to your wisdom!

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.

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

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

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

AI 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…

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. 😊

Writing a exercise based TTRPG rulebook for a system where your real world fitness is tied to character progression
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BezboznyThis week

Writing a exercise based TTRPG rulebook for a system where your real world fitness is tied to character progression

My dad was a star athlete when he was young, and my mom was a huge sci-fi/fantasy nerd, so I got both ends of the stick as it were. Love gaming and nerd culture, but also love to exercise and self improvement. Sometimes exercise can feel boring though compared to daydreaming about fantastic fictional worlds, so for a long time I've been kicking around the idea of how to "Gamify" fitness. and recently I've been working on this passion project of a Table Top RPG (Like D&D) where the stats of your character are related to your own fitness, so if you want your character in game to improve, you have to improve in the real world. Below is a rough draft you can look through that details the settings and mechanics of the game I've come up with so far. I'd love to eventually get a full book published and sell it online. maybe even starting a whole brand of "Gamified fitness": REP-SET: GAINSZ In the war torn future of 24th century… There are no rest days… In the futuristic setting of "REP-SET: GAINSZ," the "War of Gains" casts a long shadow over the Sol System as the various factions vie for territory and resources. However, war has evolved. Unmanned drones and long-range strikes have faded into obsolescence. Battles, both planet-side and in the depths of space, are now fought by soldiers piloting REP-SETs: Reactive Exoskeletal Platform - Symbiotic Evolution Trainer Massive, humanoid combat mechs. Powered by mysterious “EV” energy, these mechanical marvels amplify, and are in turn amplified by, the fitness and mental acuity of their pilots. The amplification is exponential, leading pilots into a life of constant training in order for their combat prowess to be bolstered by every incremental gain in their level of fitness. With top pilots having lifting capacity measured in tons, and reaction times measured by their Mach number, REP-SET enhanced infantry now dominate the battlefield. The Factions: The Federated Isometocracy of Terra (FIT): Quote: "The strength of the body is the strength of the spirit. Together, we will lift humanity to its destined greatness. But ask not the federation to lift for you. Ask yourself: Do you even lift for the Federation?" Description: An idealistic but authoritarian faction founded on the principle of maximizing the potential of all individuals. FIT citizens believe in relentless striving for physical and mental perfection, leading to collective excellence. Their goal is the unification of humankind under a rule guided by this doctrine, which sometimes comes at the cost of individual liberties. Mech Concept: REP-SET mechs. Versatile humanoid designs focusing on strength, endurance, and adaptability. By connecting to the AI spirit within their REP-SETs core, each pilot enhances the performance of their machine through personal willpower and peak physical training. Some high-rank REP-SETS include features customized to the pilot's strengths, visually signifying their dedication and discipline. The Dominion of Organo-Mechanical Supremacy (DOMS): Quote: "Without pain, there is no gain. Become the machine. Embrace the burn.” Description: A fanatical collective ideologically obsessed with "Ascendency through suffering" by merging their bodies with technology that not only transcends biological limitations, but also acts to constantly induce pain in it's users. Driven by a sense of ideological superiority and a thirst for domination, DOMS seek to bring the painful blessings of their deity "The lord of the Burn" to the rest of the solar system. Their conquest could turn them into a significant threat to humanity. Mech Concept: Hybrid mechs, where the distinction between the pilot and the machine is blurred. The cockpit functions as a life-support system for the pilot, heavily modified with augmentations. Mechs themselves are often modular, allowing for adaptation and assimilation of enemy technology. Some DOMS mechs might display disturbing elements of twisted flesh alongside cold, mechanical parts. The Tren: Quote: "Grow... bigger... feast... protein..." Description: A ravenous conglomeration of biochemically engineered muscular monstrosities, united only by a shared insatiable hunger for "More". Existing mostly in deep space, they seek organic matter to consume and assimilate. They progress in power not due to any form of training or technology, but from a constant regimen of ravenous consumption and chemically induced muscle growth, all exponentially enhanced by EV energies. While some have been known to possess a certain level of intellect and civility, their relentless hunger makes them incredibly mentally volatile. When not consuming others, the strong consume the weak within their own faction. Mech Concept: Bio-Organic horrors. While they do have massive war machines, some are living vessels built around immense creatures. These machines resemble grotesque fleshy designs that prioritize rapid mutation and growth over sleek aesthetics. Often unsettling to behold. Synthetic Intelligence Theocracy (SIT): Quote: "Failure is an unacceptable data point.” Description: A society ruled by a vast and interconnected artificial intelligence network. The SIT governs with seemingly emotionless rationality, striving for efficiency and maximum productivity. This leads to a cold, but arguably prosperous society, unless you challenge the logic of the collective AI. Their goals? Difficult to predict, as it hinges on how the AI calculates what's "optimal" for the continuation or "evolution" of existence. Mech Concept: Sleek, almost featureless robotic creations with a focus on efficient movement and energy management. Often drone-like or modular, piloted through direct mind-machine linking rather than traditional cockpits. Their aesthetic suggests cold and impersonal perfection. The Way Isolate(TWI): Quote: "The body unblemished, the mind unwavering. That is the path to true strength. That and a healthy diet of Aster-Pea proteins." Description: Known by some as "The asteroid farmers", The Way Isolate is a proud and enigmatic faction that stands apart from the other powers in the Sol System. A fiercely independent tribe bound by oaths of honor, loyalty, and hard work. Wandering the asteroid belt in their vast arc ships, their unparalleled mastery in asteroidal-agricultural engineering, ensuring they have no need to colonize planets for nutritional needs, has allowed them to abstain from the pursuit of territorial expansion in “The War of Gains”, instead focusing on inward perfection, both spiritual and physical. They eschew all technological bodily enhancements deemed unnatural, believing that true power can only be cultivated through the relentless pursuit of personal strength achieved through sheer will and bodily perfection. The Way Isolate views biohacking, genetic manipulation, and even advanced cybernetics as corruptions of the human spirit, diluting the sacredness of individual willpower. Mech Concept: Way Isolate mechs are built with maneuverability and precision in mind rather than flashy augmentations. Their REP-SETs are streamlined, favoring lean designs that mirror the athleticism of their pilots. Excelling in low to zero G environments, their mechs lack bulky armor, relying on evasion and maneuverability rather than brute force endurance. Weaponry leans towards traditional kinetic based armaments, perhaps employing archaic but reliable weapon styles such as blades or axes as symbols of their purity of purpose. These mechs reflect the individual prowess of their pilots, where victory is determined by focus, technique, and the raw power of honed physical ability. Base Player Character Example: You are a young, idealistic FIT soldier, barely out of training and working as a junior REP-SET mechanic on the Europa Ring World. The Miazaki district, a landscape of towering mountains and gleaming cities, houses a sprawling mountainside factory – a veritable hive of Gen 5 REP-SET construction. Here, the lines between military and civilian blur within a self-sufficient society dependent on this relentless industry. Beneath the surface, you harbor a secret. In a forgotten workshop, the ghost of a REP-SET takes shape – a unique machine built around an abandoned, enigmatic AI core. Ever since you salvaged it as a child from the wreckage of your hometown, scarred by a brutal Tren attack, you've dedicated yourself to its restoration. A lingering injury from that fateful battle mocks your progress, a constant reminder of the fitness exams you cannot pass. Yet, you train relentlessly, dreaming of the day you'll stand as a true REP-SET pilot. A hidden truth lies at the heart of the REP-SETS: as a pilot's abilities grow, their mech develops unique, almost mystical powers – a manifestation of the bond between the human spirit and the REP-SET's AI. The ache in your old wound serves as a grim prophecy. This cold war cannot last. The drums of battle grow louder with each passing day. GAME MECHANICS: The TTRPG setting of “REP-SET: GAINSZ” is marked by a unique set of rules, by which the players real world capabilities and fitness will reflect and affect the capabilities, progression, and success of their REP-SET pilot character in-game. ABILITY SCORES: Pilots' capabilities will be defined by 6 “Ability scores”: Grace, Agility, Iron, Nourishment, Strength, and Zen. Each of the 6 ability scores will duel represent both a specific area of exercise/athleticism and a specific brand of healthy habits. The definitions of these ability scores are as follows: Grace (GRC): "You are an artist, and your body is your canvas; the way you move is your paint and brush." This ability score, the domain of dancers and martial artists, represents a person's ability to move with organic, flowing control and to bring beauty to the world. Skill challenges may be called upon when the player character needs to act with poise and control, whether socially or physically. Real-world skill checks may involve martial arts drills, dancing to music, or balance exercises. Bonuses may be granted if the player has recently done something artistically creative or kind, and penalties may apply if they have recently lost their temper. This ability score affects how much NPCs like your character in game. Agility (AGI): "Your true potential is locked away, and speed is the key to unlocking it." The domain of sprinters, this ability score represents not only a person's absolute speed and reaction time but also their capacity to finish work early and avoid procrastination. Skill challenges may be called upon when the player character needs to make a split-second choice, move fast, or deftly dodge something dangerous. Real-world skill checks may involve acts of speed such as sprinting or punching/kicking at a steadily increasing tempo. Bonuses may apply if the player has finished work early, and penalties may apply if they are procrastinating. This ability score affects moving speed and turn order in game. Iron (IRN): "Not money, nor genetics, nor the world's greatest trainers... it is your resolve, your will to better yourself, that will make you great." Required by all athletes regardless of focus, this ability score represents a player's willpower and their capacity to push through pain, distraction, or anything else to achieve their goals. Skill challenges may be called upon when the player character needs to push through fear, doubt, or mental manipulation. Real-world skill checks may involve feats of athletic perseverance, such as planking or dead hangs from a pull-up bar. Bonuses may apply when the player maintains or creates scheduled daily routines of exercise, self-improvement, and work completion, and penalties may apply when they falter in those routines. This ability score affects the max "Dynamic exercise bonus” that can be applied to skill checks in game (a base max of +3 when Iron = 10, with an additional +1 for every 2 points of iron. So if every 20 pushups gives you +1 on a “Strength” skill check, then doing 80 pushups will only give you +4 if you have at least 12 iron). Nourishment (NRS): "A properly nourished body will last longer than a famished one." This ability score, focused on by long-distance runners, represents a player's endurance and level of nutrition. Skill challenges may be called upon when making checks that involve the player character's stamina or health. Real-world skill checks may involve endurance exercises like long-distance running. Bonuses may apply if the player has eaten healthily or consumed enough water, and penalties may apply if they have eaten junk food. This ability score affects your HP (Health points), which determines how much damage you can take before you are incapacitated. Strength (STR): "When I get down on my hands, I'm not doing pushups, I'm bench-pressing the planet." The domain of powerlifters and strongmen, this ability score represents raw physical might and the ability to overcome obstacles. Skill challenges may be called upon when the player character needs to lift, push, or break something. Real-world skill checks might involve weightlifting exercises, feats of grip strength, or core stability tests. Bonuses may apply for consuming protein-rich foods or getting a good night's sleep, and penalties may apply after staying up late or indulging in excessive stimulants. This ability score affects your carrying capacity and base attack damage in game. Zen (ZEN): "Clarity of mind reflects clarity of purpose. Still the waters within to act decisively without." This ability score, prized by meditators and yogis, represents mental focus, clarity, and inner peace. Skill challenges may be called upon when the player character needs to resist distractions, see through illusions, or make difficult decisions under pressure. Real-world skill checks may involve meditation, breathing exercises, or mindfulness activities. Bonuses may apply after attending a yoga class, spending time in nature, or creating a calm and organized living space. Penalties may apply after experiencing significant stress, emotional turmoil, or having an unclean or unorganized living space. This ability score affects your amount of ZP in game (Zen Points: your pool of energy you pull from to use mystical abilities) Determining initial player ability scores: Initially, “Ability scores” are decided during character creation by giving the player a list of 6 fitness tests to gauge their level of fitness in each category. Running each test through a specific calculation will output an ability score. A score of 10 represents the average person, a score of 20 represents a peak athlete in their category. The tests are: Grace: Timed balancing on one leg with eyes closed (10 seconds is average, 60 is peak) Agility: Mile run time in minutes and second (10:00 minutes:seconds is average, 3:47 is peak) Iron: Timed dead-hang from a pull-up bar (30 seconds is average, 160 is peak) Nourishment: Miles run in an hour (4 is average, 12 is peak) Strength: Pushups in 2 minute (34 is average, 100 is peak) Zen: Leg stretch in degrees (80 is average, and 180 aka "The splits" is peak) Initial Score Calculation Formula: Ability Score = 10 + (Player Test Score - Average Score) / (Peak Score - Average\_Score) \* 10 Example: if the player does 58 pushups in 2 minutes, their strength would be: 10 plus (58 - 34) divided by (100-34) multiplied by 10 = 10 + (24)/(66)\* 10 = 10 + 3.6363... = 13.6363 rounded to nearest whole number = Strength (STR): 14 SKILLS AND SKILL CHALLENGES: The core mechanic of the game will be in how skill challenges are resolved. All “Skill challenges” will have a numerical challenge rating that must be met or beaten by the sum of a 10 sided dice roll and your score in the pertinent skill. Skill scores are determined by 2 factors: Ability Score Bonus: Every 2 points above 10 gives +1 bonus point. (EX. 12 = +1, 14 = +2, etc.) This also means that if you have less than 10 in an ability score, you will get negative points. Personal Best Bonus: Each skill has its own unique associated exercise that can be measured (Time, speed, distance, amount of reps, etc). A higher record means a higher bonus. EX: Authority skill checks are associated with a timed “Lateral raise hold”. Every 30 seconds of the hold added onto your personal best single attempt offers a +1 bonus. So if you can do a lateral hold for 90 seconds, that’s a +3 to your authority check! So if you have a 16 in Iron, and your Personal Best lateral raise hold is 90 seconds, that would give you an Authority score of +6 (T-Pose for dominance!) Dynamic Exercise Bonus: This is where the unique mechanics of the game kick in. At any time during a skill challenge (even after your roll) you can add an additional modifier to the skill check by completing the exercise during gameplay! Did you roll just below the threshold for success? Crank out another 20 pushups, squats, or curls to push yourself just over the edge into success! There are 18 skills total, each with its own associated ability score and unique exercise: Grace (GRC): \-Kinesthesia (Timed: Blind single leg stand time) \-Precision (Scored: Basket throws) \-Charm (Timed reps: Standing repeated forward dumbell chest press and thrust) \-Stealth (Timed distance: Leopard Crawl) Agility (AGI): \-acrobatics (timed reps: high kicks) \-Computers (Word per minute: Typing test) \-Speed (Time: 100 meter sprint) Iron (IRN): \-Authority (Timed: Lateral raise hold) \-Resist (Timed: Plank) \-Persist (Timed:Pull-up bar dead hang) Nourishment(NRS): \-Recovery (TBD) \-Stim crafting (TBD) \-Survival (TBD) Strength(STR): \-Mechanics (Timed reps: Alternating curls) \-Might (Timed reps: pushups) Zen(ZEN): \-Perceive (TBD) \-Empathy (TBD) \-Harmony (TBD) \-Lore (TBD) Healthy Habits Bonus: Being able to demonstrate that you have conducted healthy habits during gameplay can also add one time bonuses per skill challenge “Drank a glass of water +1 to Nourishment check”, “Cleaned your room, +3 on Zen check”. But watch out, if you’re caught in unhealthy Habits, the GM can throw in penalties, “Ate junk food, -1 to Nourishment check”, etc. Bonuses/penalties from in-game items, equipment, buffs, debuffs, etc., helping players to immerse into the mechanics of the world of REP-SET for the thrill of constantly finding ways to improve their player. Gradient success: Result of skill challenges can be pass or fail, but can also be on a sliding scale of success. Are you racing to the battlefield? Depending on your Speed check, you might arrive early and have a tactical advantage, just in time for an even fight, or maybe far too late and some of your favorite allied NPCs have paid the price… So you’re often encouraged to stack on those dynamic exercise bonuses when you can to get the most fortuitous outcomes available to you. Gameplay sample: GM: Your REP-SET is a phantom, a streak of light against the vast hull of the warship. Enemy fighters buzz angrily, but you weaves and dodges with uncanny precision. The energy wave might be losing effectiveness, but your agility and connection to the machine have never been stronger. Then, it happens. A gap in the defenses. A vulnerable seam in the warship's armor. Your coms agents keen eye spots it instantly. "Lower power junction, starboard side! You have an opening!" This is your chance to strike the decisive blow. But how? It'll take a perfect combination of skill and strategy, drawing upon your various strengths. Here are your options: Option 1: Brute Strength: Channel all remaining power into a single, overwhelming blast from the core. High-risk, high-reward. It could overload the REP-SET if you fail, but it might also cripple the warship. (Strength-focused, Might sub-skill) Option 2: Calculated Strike: With surgical precision, target the power junction with a pinpoint burst of destabilizing energy. Less flashy and ultimately less damaging, but potentially more effective in temporarily disabling the ship. (Agility-focused, Precision sub-skill) Option 3: Harmonic Disruption: Attempt to harmonize with your REP-SET's AI spirit for help in connecting to the digital systems of the Warship. Can you generate an internal energy resonance within the warship, causing it to malfunction from within? (Zen-focused, Harmony sub-skill) Player: I'll take option 1, brute strength! GM: Ok, This will be a "Might" check. The CR is going to be very high on this one. I'm setting it at a 20. What's your Might bonus? Player: Dang, a 20?? That's literally impossible. My Might is 15 and I've got a PB of 65 pushups in 2 minutes, that sets me at a +5. Even if I roll a 10 and do 60 pushups for the DE I'll only get 18 max. GM: Hey I told you it was high risk. You want to choose another option? Player: No, no. This is what my character would do. I'm a real hot-blooded meathead for sure. GM: Ok then, roll a D10 and add your bonus. Player: \Rolls\ a 9! not bad, actually that's a really good roll. So +5, that's a 14. GM: Alright, would you like to add a dynamic exercise bonus? Player: Duh, it's not like I can do 120 pushups I'd need to beat the CR, but I can at least do better than 14. Alright, here goes. \the player gets down to do pushups and the 2 minute time begins. After some time...\ Player: 65....... 66! GM: Times up. Player: Ow... my arms... GM: so with 66, that's an extra +3, and its a new PB, so that's a +1. That sets your roll to 18. Player: Ow... Frack... still not 20... for a second there i really believed I could do 120 pushups... well I did my best... Ow... 20 CR is just too impossible you jerk... GM: Hmm... Tell me, what did you eat for lunch today? Player: Me? I made some vegetable and pork soup, and a protein shake. I recorded it all in my diet app. GM: And how did you sleep last night? Player: Like a baby, went to sleep early, woke up at 6. GM: in that case, you can add a +1 "Protein bonus" and +1 "Healthy rest" bonus to any strength related check for the day if you'd like, including this one. Player: Really?? Heck yes! add it to the roll! GM: With those extra bonuses, your roll reaches 20. How do you want to do this? Player: I roar "For Terra!" and pour every last ounce of my strength into the REP-SET. GM: "For Terra!" you roar, your cry echoing through coms systems of the REP-SET. The core flares blindingly bright. The surge of power dwarfs anything the REP-SET has unleashed before. With a titanic shriek that cracks the very fabric of space, the REP-SET slams into the vulnerable power junction. Raw energy explodes outwards, tendrils of light arcing across the warship's massive hull. The impact is staggering. The leviathan-like warship buckles, its sleek form rippling with shockwaves. Sparks shower like rain, secondary explosions erupt as critical systems overload. Then…silence. The warship goes dark. Power flickers within the REP-SET itself, then steadies. Alarms fade, replaced by the eerie quiet of damaged but functional systems. "We…did it?" The coms agents voice is incredulous, tinged with relief. She's awaiting your reply. Player: "I guess so." I say, and I smile and laugh. And then I slump back... and fall unconscious. \to the other players\ I'm not doing any more skill checks for a while guys, come pick me up please. \teammates cheer\ &#x200B;

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).*

The future of AI
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GaryVeeMay 9, 2023

The future of AI

When voice and ai hit scale … shits gonna get interesting… — Thanks for watching! Join My Discord!: https://www.garyvee.com/discord Check out another series on my channel: Keynotes: https://www.youtube.com/watch?v=6vCDlmhRmBo&list=PLfA33-E9P7FCEF1izpctGGoak841XYzrJ NFTs: https://www.youtube.com/watch?v=AwMJ6bScB2s&list=PLfA33-E9P7FAcvsVSFqzSuJhHu3SkW2Ma Business Meetings: https://www.youtube.com/watch?v=wILI_VV6z4Y&list=PLfA33-E9P7FCTIY62wkqZ-E1cwpc2hxBJ Gary Vaynerchuk Original Films: https://youtube.com/playlist?list=PLfA33-E9P7FAvnrOcgy4MvIcCXxoyjuku Trash Talk: https://youtube.com/playlist?list=PLfA33-E9P7FDelN4bXFgtJuczC9HHmm2- WeeklyVee: https://youtube.com/playlist?list=PLfA33-E9P7FBPjdQcF6uedz9fdk8XKn-b — Gary Vaynerchuk is a serial entrepreneur, and serves as the Chairman of VaynerX, the CEO of VaynerMedia and the Creator & CEO of VeeFriends. Gary is considered one of the leading global minds on what’s next in culture, relevance and the internet. Known as “GaryVee” he is described as one of the most forward thinkers in business – he acutely recognizes trends and patterns early to help others understand how these shifts impact markets and consumer behavior. Whether its emerging artists, esports, NFT investing or digital communications, Gary understands how to bring brand relevance to the forefront. He is a prolific angel investor with early investments in companies such as Facebook, Twitter, Tumblr, Venmo, Snapchat, Coinbase and Uber. Gary is an entrepreneur at heart — he builds businesses. Today, he helps Fortune 1000 brands leverage consumer attention through his full service advertising agency, VaynerMedia which has offices in NY, LA, London, Mexico City, LATAM and Singapore. VaynerMedia is part of the VaynerX holding company which also includes VaynerProductions, VaynerNFT, Gallery Media Group, The Sasha Group, Tracer, VaynerSpeakers, VaynerTalent, and VaynerCommerce. Gary is also the Co-Founder of VaynerSports, Resy and Empathy Wines. Gary guided both Resy and Empathy to successful exits — both were sold respectively to American Express and Constellation Brands. He’s also a Board Member at Candy Digital, Co-Founder of VCR Group, Co-Founder of ArtOfficial, and Creator & CEO of VeeFriends. Gary was recently named to the Fortune list of the Top 50 Influential people in the NFT industry. In addition to running multiple businesses, Gary documents his life daily as a CEO through his social media channels which has more than 34 million followers and garnishes over 272 million monthly impressions/views across all platforms. His podcast ‘The GaryVee Audio Experience’ ranks among the top podcasts globally. He is a five-time New York Times Best-Selling Author and one of the most highly sought after public speakers. Gary serves on the board of MikMak, Bojangles Restaurants, and Pencils of Promise. He is also a longtime Well Member of Charity:Water.