The million-dollar startup playbook in the age of X and AI:
(Bookmark to use later 🔖 )
1. Build an audience on X.
2. Ask them what they need, will pay for and if they want YOU to build it.
3. They said 'Yes' to your idea!!!
4. Build an MVP version with no-code tools.
5. Sell it to people who would truly benefit from it. The feedback you get from them is 100X more valuable than the revenue.
But don't be afraid to charge; paying customers are the only true validation.
6. Try to build a community around your product if you can (not compulsory).
7. 'Iterate, Iterate & Iterate' - until you achieve product-market fit.
8. Now it's time to scale. See what processes you can automate with AI.
Your tech stack is:
- LLMs
- AI agents
- Zapier/Make
- No-code tools (Voiceflow, Stack AI, Airtable ....)
Consider yourself successful if you manage to automate 70% of a task.
Now figure out the parts where AI needs to be told what to do and how to do it by a HUMAN. That role is what you need to hire for.
9. Now that you know how many employees you need and for what roles, hire the absolute best: people who are smarter and better than you.
10. Play as a team.
11. CRUSH it!!
Starting a startup has never been easier. On the other hand, competition has never been so fierce. Only having a good product is not enough anymore.
"Mediocre product + Great Distribution" beats "Great Product + Weak Distribution". And this is the basic essence of this post.
I hope it helps if you are at the beginning of your startup journey or in the early stages.
If you enjoyed this post, I'd really appreciate it if you would:
1. Follow me @rezkhere for more of these.
2. Retweet this tweet to share it with others.
It was a pleasure to join @PoppyHarlowCNN & @Phil_Mattingly on @CNNThisMorning to discuss @thecrimson's coverage of the plagiarism allegations against Harvard President Claudine Gay
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Interesting points of external involvement in the next #EUelections from @TheresaAFallon at #EUinfluencer event. I do wonder if AI will be a tool to combat that or amplify it.
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1 DAY LEFT! 📢
Ready to find out who made it to the top 50 of the #EUinfluencer list and celebrate #ZN25?🎉
We can’t wait to see you online! Register here 👇🏻
https://t.co/NZs4i3fjtw
How do you think search engine AI will generate money for the people that create its source material? 👀
“The AI business model might destroy itself” - @hankgreen
https://t.co/nOe7kbz4jT
@liorakern Some prefer peddling ideas, while others choose to pedal bikes.
Let's hope for real positive change.
Together, we believe in you #Brussels!🦾