Well, if you haven’t reached 1000 people by now, better pivot to AI.
Joking, of course.
How did you reach them initially? Did you speak with them? Call them back.
Create FOMO. Create incentives. Partner with schools so they can help you reach students.
I think for #1 and #2 above you are missing the value of open source and alternatives. OpenAI is currently really good, but…
You have LLama 2, Falcon, Mistral, and others that are open source and that you can go download today, for free and use commercially. So, your prompt engineering will likely work for them as well with only minor adaptations.
You will also have closed versions that will be much more productized. MSFT, GOOG, Amazon, Anthropic, etc are all working on theirs and they will certainly have API calls as well.
So, there will be less OpenAI dependence in the future.
The idea is obviously somewhat important for a number of reasons:
So, clearly the idea is important.
When Sam say’s he doesn’t see pivoting to success, in many (most?) cases this is likely true. You start on an idea, raise funding, build more, figure out it isn’t working and then… you have blown through all your money and can’t raise more or you realize that you need to pivot into a crowded area or you realize you don’t have the skills to pivot, so you disband before their can be any successful pivot. And of course there is the definition of what is a pivot… How much do you rotate before it is a pivot?
Going from say a CRM to a two-sided marketplace platform, for example, is a much smaller pivot than say a CRM to a TikTok competitor.
Whatever you do, don’t connect with me on LinkedIn, immediately send me a shit, generic message and then start spamming my work and personal address.
I get at least 3-5 per week and none stand out at all.
In general, unless you have a tech background anything but the most trivial changes will be impossible for you.
This is partly by design as the app devs want you to be re-occuring revenue stream.
What has worked for me is identifying the problem, sketching out the user flow on paper, and then building it. Something like (let’s say for a CRM).
User logs in, clicks on new lead, enters this info, sets a reminder. User logs in, converts lead to customer, attaches contract, makes invoice.
Just try to think what the user wants to accomplish and then work backwards from there.
If you have the tag rights you can execute them per the agreement, full stop. If they are taking money off table you should too.
One of the issues with this article is that it is backwards looking… You can look backwards and identify it after the curve has bent.
Very informative.
Whenever asking for salary adjustments what you should make a list of your accomplishments since last time and how they have contributed to the company success. Be as specific as possible with what your contribution was.
You want them to realize that spending $100k on you makes them 5x that much.
Also, maybe document inflation as well if they haven’t adjusted for that in a while.
Founder of a 7 figure dropshipping store.
And this point here is your clue he’s a con man.
There are still many simple apps to be built, but they are more niche and often require a deep understanding of the business domain.
For example I launched a basic crud app that got to $100k/year in revenue. The key is finding a problem that many people still tackle in excel and then turn it into a SaaS app.
For example, in the industry I worked in people have to do safety report and rules checks. These were always done on paper, then typed into excel, and then moved into a DB. We just made simple form where user selects the rule, makes a note on it, hits submit. boss required 50 rule checks a day, so we added a counter that showed them 1/50, 2/50, etc.
Whole thing was built in less than a month. So, they are out there, but you need to know that customer really well.
Excel is likely the world’s most popular software.
The more assets you personally have the sooner, but definitely before you start making money.