$100 a month and you're sharing how to be a success?
this post was submitted on 20 Nov 2023
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Debby downer, dude. Be a Congratulating Kyle next time.
He has 50 sign-ups. Maybe in a year or two he has 5000 monthly subs. The idea is still the same. He proved it works.
Getting started is 90% of the work.
Lmao, this
He never said it was a "success". He only said that business ideas are everywhere, you just have to look. $100 mrr for 50 customers isn't much, I honestly don't know the OP's pricing strategy, but if people find it (in)valuable, they'll justify higher prices. There's no reason he wouldn't be able to get $500/month if his value proposition is high enough to solve a real pain point. What the OP did, was validate that there's a problem and provided a solution. With proper targeting/marketing/pricing, the OP should be able to get at least 1000 customers at $4.99/m or if the value proposition is high enough, even $9.99/m. That's $10k MRR, which is nothing to scoff at.
hey I never intended this to be a success story, just a personal story that I hope some people find useful.
$100/mo is not a lot for sure, but I've only had this idea for 4 weeks and to me it's a great start :)
OP what process did you follow to validate the idea? P.S. Congrats on a good start!
I don't think all the great ideas are taken. However I also don't think it's usually worth people's time to try and think of something brand new.
So often the best businesses are ones that already exist. Start something and do it better. The main part of being an entrepreneur in my opinion is just starting.
How you'll do it better pretty much is a new idea anyway
I was thinking this too too many people think you gotta be the first or original. Papa John’s McDonald’s, Facebook are all based off other people’s ideas that were less good. There’s original ideas and there’s improved originality the later makes billions the former is just millions
I looked up the creative businesses in my area and found around 10 ranging from graphic designers to marketing agencies, which would seem like quite a saturated market. However just the baseline of how I would do things would be better than 7 of them already leaving only 3 true competitors to innovate against. So yeah doing something that exists and simply doing it better is already viable in itself.
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Hey brother, It’s a $100 you didn’t have. Congratulations! -Carl
OP is posting this in multiple groups. Are you trying to motivate all the groups?
„Case study“ lol
Dear OP, I did not understand a word of your post. Could you rephrase it?
whats haro?
Novelty isn’t what makes money.
Grinding your life away to do it better than your competition is.
Having the social skills to build real relationships with suppliers and customers.
Novelty is for amateurs, imo.
If you really have novelty that works (makes anything non trivial money wise) then someone with vastly more money than you will clone it and make it vastly better and throw millions at the marketing. It’s indeed better to improve on entrenched competitors as they have different priorities altogether like providing ROI to investors which interferes with feature creation and pesky expensive things like support.
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Anyone thinking that is a spade.
I bought that product and I love it. You solved a pain point I have and it is absolutely worth paying for.
Thank you, woke up to this and made my day!! Really happy you are enjoying it :)
Moments like this reminds me why I love entrepreneurship.
How did you validate it? :) curious since im in the same process as we speak.
happy to share more via chat, sent you a DM
The idea is an ai that sends 2 emails instead of 4 or reduces the emails u get?
I'm assuming you give it access to your inbox and it gives you a weekly summary of all the emails from each source
inside each email you get a list of 10+ things too, so we reduce it down to 1 or 2 that make sense, if it's 0 then we skip the email
Who thinks all great ideas are taken?
Your idea is still an idea or work in progress.
Release you product first then come back
Ok where do I sign up because I'm drowning in haro emails
39
My I ask how do you go about monetizing your SaaS? I got several pain points I could fix with software just need a way to go about implementing it
How much are those pain points costing your customer?
That's an inspiring story! It's incredible how you identified a specific problem and used AI to create a solution. Your approach of paying attention to details and listening to user feedback is a valuable lesson for all entrepreneurs. It shows that great ideas can come from everyday observations and addressing real-life pain points. Congratulations on your signups and MRR growth! It's stories like yours that motivate others to look closer and think creatively. Looking forward to seeing where your journey takes you next. Keep up the fantastic work!
Totally agree, you just gotta need to make the idea better
Did you use open source ai models or chatgpt? And how did you get and define your early adopters?
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Congratulations. Now you can write a book titled “from 0 to 100”.
that idea is taken probably, but wait...
Looks like you did it right. Most people launch then validate after, typically a recipe for disaster.
Validation is also the most time consuming part of building a biz and it's where people tend to fall off. You're spot on though. address the pain point for direction but throw in some patience for longevity.
Thank you, now it's a game of patience and perseverance
You don't need a unique idea to make money. You just need to provide something that others need.
exactly
that's why we love the idea of boring businesses.
businesses that solve day to day problems.
ideas are cheap, they say, but we think ideas are important, if you choose to work on something nobody is willing to pay, it is essentially costing you the most valuable asset, which is your time.
This is obvious if you're around for more than a couple of years.
I'm 40, so I can tell you that everyone thought (and often said) that "all the best ideas have already been invented" before:
- ChatGPT
- TikTok
- Social Media
- Netflix
- Youtube
- The internet
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Love this success story and the valuable lesson! It's a great reminder that innovative ideas can emerge from everyday challenges. Keep your eyes and ears open, pay attention to what people are saying, and you might stumble upon a pain point waiting to be addressed. Well done on turning that insight into a successful venture! 👏💡 #Innovation #EntrepreneurialSpirit
Good sauce
Did you used completely ai to build it?if so which one(any advice on it?)
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Ideas are cheap. Execution is value.
exactly, ideas are worth like $20
Is this the first business idea you made a product for? Do you have a background in AI?
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