AI Apps Making $20,000+ per month with 1 person teams.
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Why don't you just create a series around it, where in the first episode you put down some ideas, and then you audience can choose which idea they find interesting, then you build that idea, and subsequently teach how to identify, build and market or monetize it in the end
DOA maybe but dope
Agree this would be amazing. Soup to nuts series AI app series!
Yeah I will vouch for that idea.
Great idea!
A process framework is 🔑
"Currently making $500k/year" is the key sentence. These businesses are likely not going to exist in 5 years.
At least they can make 2.5 million in those 5 years and use that money to fund greater and better businesses.
@@hydragons 100%
TRUE if you are using no code tools where you don't even own the source code. But if you can code, and remember these are simple to code, then you can continue with something else or pocket the 2.5 million and retire. Nothing wrong with that.
EXACTLY! How do they it...take your money and run...to where? No idea😁 hopefully it twill last you 🤔
I built my first SaaS app this year but it took over a year of development 😅 My 2024 new years resolution is to leverage no-code tools and AI to go from idea to execution in weeks instead of months. Deployed surface area over more ideas > one big bet on a single idea. Thanks again for the awesome content Wes!
Any thoughts on the tools you want to use? I’ve explored flutter flow
I would give Laravel a shot. You get all the benefits of being able to extend the code, with the simplicity of being able to set everything up in a weekend (that's what I do).
what language was the app coded in please?
@@kaycampbell364 I built my SaaS using React with ChakraUI to handle UI elements, Gatsby for static site generation, and hosted everything in AWS. Learned a lot but I wouldn't recommend it for beginners. If you have an app idea it would probably save a lot of time if you can learn to use no-code tools.
@@kaycampbell364 if you're asking me - my app was built with Laravel/PHP for the backend, and then Nuxt/Vue for the frontend. Highly highly recommend both.
Awesome video Wes. I did some research and came up with the following: 1. Recipe and Meal Planner 2. Fitness and Workout Advisor 3. Creative Writing Assistant. I will try to see which of these the API can accommodate and move forward from there. Thanks for sharing.
What do you get when you combine Recipe and Meal planner with the fitness and workout adviser? A fitness and meal adviser/planner. I'm just saying that combining two or more ideas together into a single app can be exponentially more beneficial, not to mention more niche, than two separate apps.
please more examples in the future! this is absolutely amazing stuff. eye-opening
So slavery 2.0 is here where people are using AI to do other people's jobs.
please more examples in the future! this is absolutely amazing stuff. eye-opening
CHAPTERS:
0:00 - AI Trends 2024: Deployment Shift
0:49 - AI Monetization: No Coding Required
2:13 - Ben Tossell's No-Code AI Business Ideas
10:02 - Identifying AI Business Opportunities
12:23 - Jacob Greenfeld's AI Insights
13:41 - Effective TH-cam Thumbnails
17:49 - Introducing Formula Bot
18:21 - AI Advancements in 2023
19:07 - AI Opportunities: Not Too Late
19:58 - Building Your AI Project
21:30 - AI Income Potential
23:10 - Simplifying AI Monetization
23:38 - Problem Solving with AI
Thank you for this
I like you. you make the world a better place.
@@RayoBeatzthat’s honestly the truth
thanks
List built with AI
I have used no code to make games and can say that you can definitely put a viable product together much faster than coding. However, being able to code still gives you an edge over those who can't because it lets you add features and do things that are difficult or not even possible with no code platforms. Good video by the way.
explain in detail please...share link of examples
Dude, which no code builder did you use to build the game?
No code to make games? Using Scratch?
Which engine?
I make games and mods full time and Coding is the best way to go. Sure you can use blueprints in ue5 but with the way ai is today there is no reason not to code. AI can litteraly do the whole thing for you if you just describe things accurately. Plus using code ai can put together anything you can do with nodes in a fraction of the time with better functionality and options to incorporate other functions later on
It is never too late. Remember, at some point it's going to be 2034, and then people will think 'I wish I had gotten started in 2024 when all this was still new'. There's always going to be problems to solve. And even if it is other people that comes up with the initial solutions, a lot of those new solutions may also create new problems that you can solve in turn.
Amazing . You should definitely cover how to build it and do a full walkthrough
The biggest thing holding me back from bigger projects is the Assistants API pricing, mostly unknown and there are horror stories about getting charged dollars per request due to the large context and the file pricing. I'm sticking with the chat completion API and Custom GPTs and functions until I can accurately predict pricing.
Exactly this is an area where people don't talk about it. @wes maybe this is what we need you to cover next time
currently im using Assistant API for my small team (20 people), and yes its expensive, but i think this is the best and useful AI assistant for my team (Code Interpreter + Custom Function Calling = perfect), just dont use the retrieval function for now
@@Dojimanoryyu How do you prevent the messages thread from continuing to grow with all the previous user and assistant messages? When I use the chat completion API, I can specify exactly which messages to pass, but the Assistants API keeps everything, right?
@@Dojimanoryyucan you give advice for where to look for teams like this? I'm looking for work in autogen and most people are outright hostile about genAI, let alone using it. I have working assistants/DE/DA/finance background. Where are you based? Should I look at startups in silicon valley or how do I find people to work with?
Been wondering about this too. Holding back on upgrading for now because of a lack of streaming and will stick with what I already have in place but really dig the Assistants API overall
Excellent advice. I feel that marketing is a huge problem for AI entrepreneurs. So an AI solution to automate marketing might be something worth looking into.
An AI-powered basket weaving app would be a great idea. You just need to go in early with an MVP before Big Basket comes in and saturates the space.
Underwater basket weaving?
Basket Weaving in Low Earth Orbit
Big Basket's coming
@@promptroiUnderwater basket weaving is the way to go, saying that as a former UCSD student
Big basket ruined my life. They stole my idea from a pitch and now I update Wordpress sites for a living.
It would be very helpful to see a 0 to 1 of taking something from ideation to MVP, showing the tools and your work. A sort of how-to walkthrough. A TLDR overview video to start followed y a series being the optimal format. Thanks for all your contributions to the community.
Seconded.
Very good article. What I would love and pay for is a master class that goes from finding ideas to generating apps and deploying on a website.
same
Already working on the generating apps and building websites part over here!
yes.
There have been a million of them throughout the years. Best way to find small niches is to look within industries you already know and understand. No reason to pay someone $ for what you can figure out on your own, and learn off the net for free. Just do a search on the subject, I'm sure you'll find everything you need for freee!
Ditto
Pieter Levels (2nd example - 6:37) is a legend in the solopreneur scene.
19:10 - a great analogy to that surfing is what I've heard once: "Opportunities are like busses, if you've missed one, there would be another, just keep an eye out for one". Thank you for the video, I needed one like that to start my day.
My partner and I have plenty of ideas, experience and knowledge about the subjects but what stops us is how to market it. Social media is so time consuming and we are older and not that interested in spending tons of time on social media. Would love to hear more of your marketing ideas for these ai products.
focus on building the product and let it grow organically. once you're happy with how the product is running, then allocate a bit of time and resources on marketing :)
@@someonetookmynick build an AI to get your word out, and collect responses, measure sentiment, to create focus for your attention.
We should make a group or community where we can Brainstrom and kinda collect people of same interests like us
Ya. Wes is probably the best wrt his entrepreneurial spirit and insight. Plus… his sense of humour is refreshing. I like how he thinks. A LOT.
The main problem is that the potential paths to success and prosperity are changing too fast. It’s a little discouraging actually. I’m always feeling left behind….but it would be amazing to get a 6 or 7 figure non-code business going for myself. That’s the goal.
With rapid change - the community support is all-the-more-needed...
We gotta lock arms and be an unbreakable wall together !
@@Koryogden yeah I really want to start working on a startup or something. Really in the need of people who brainstorm and energy for doing something.
I'm interested in forming a small group to discuss and design a digital barter token with the assistance of AI.
I have ideas but, I'm a 1-Person team as well and it seems over-whelming.
I posted a reply to this video above.@@sharebhumi3900
Thing is, the people in the examples were already founders of other things and had a following already, on twitter or elsewhere. That's how they could market it initially. Most of us have no following at all, so getting the first customer(s) can be incredibly difficult.
this
This is true to a point. I had a moderate following before I started building Subtxt, but it wasn't until I really put all my time and effort into it that it took off. I know there are many users who never heard of me prior (and I barely market at all)
this
THIS!! 😂 is what people dont realise. so u need to spend a whole lot on marketing to kickstart which is basically much less attractive n risky
That!
I started following channels like this about a year ago. And this video is probably one of the best I've seen. One advice -> add something on the thumbnail like a logo or tm so it is easy to recognize your channel. It will be helpful to me and I guess others that like the channel. Keep up the good work.
I'm a tech guy and work at one of the large tech companies, and I'll have to say this is probably one of the best and least hypie GenAI channels out there. Keep up the good work!
I follow the channel because I'm too busy at work currently focusing on GenAI and security. So, it's always great to have a channel that can condense everything in one spot.
Should I stay with Cybersecurity then??
I think cybersecurity is still a great specialty to pick. I personally focus on cybersecurity and AI/ML. Once you have enough experience in one area you can always expand
Doubt you work for a big company. Your Grammer is at an elementary school level... You don't use ( , and )
I am have fear in Cyber security and AI/ML when too much dry theories are out there. I cant remember them all. Aim to be the mobile dev
@@travelsahead *grammar
My biggest issue is coming up with the idea. What I'd typically do is just research what AI apps currently exist and try to find gaps to fill or take the idea and apply it to another niche or vertical. But I'd like to see what you're thoughts are on finding opportunities.
Ideas are plentiful. A skill, if you will, I learned and use is being open to the Universe's sudden inspirations, recognizing patterns, gaps, and unfulfilled or unsatisfactorily met needs of people and businesses. I've been amazed numerous times by the many great, surfable waves I've seen, and the few I paddled out and rode. Simply put out your thoughts that your mind welcomes and is open to new ideas and possible connections. The latter is what you will receive most often. The former invariably are too wild or frightfully expensive to execute by all but the rich people and successful corps today. Dream small at first. It only takes one small dream to give you the results Wes talked about.
I'm searching for a team of open minded people, who understands the importance of AI as it becomes more mature. I have skills in software engineering non commercial though. And I have many decent people in QA, PM, etc who could help implement our ideas for the comperetivly modest price. Pls contact.
@@aprilrush2172 Is there someone who could market my video psychotherapy services?
Just make a goog game, blam, you're rich. Right now im learning Vulkan and i have so much work for the next coupla years, lol. Oh wait, you have to put some serious work in.
How many pdf reader apps are there? or file converters? The fact that someone already made an AI app for something is no problem, it already is a profitable, proven concept, make another one, possibly it being different in some way. Makes sense?
As you‘re asking: I still struggle with finding a good idea. Every time I see something done and making tons of money I feel like „yep, nice idea. Makes sense“ and can‘t stop thinking about that very idea. Getting my own? No way. -.-
Just keep playing with these new AI tools. You will run into problems that you have to solve. Instead of solving it once, make a GPT that will do it over and over again. My problem is how to give them actions on Zapier. I just don't quite "get it", but I have a feeling that OpenAI won't monetize too many GPTs that don't bring something besides just a focus for ChatGPT. Will need some outside data or things like that.
Just think about what you’d like to have and don’t find out there.. or maybe you find it but it kinda suck for some reasons.. how would you do it better, etc..
Sesotho I think and you make the money? :))
We need a step by step guide on UI building for our new apps. Thanks!
how to automate marketing for the idea and the product you've built, is by far the most thing that I think of as an obstacle.
Thank you, Wes! This is great stuff and 2024 is the year for it.
Nice. Thanks for encouraging me to keep pushing myself this year and going into next. I’ve taken my first invoice this month, exciting to see where things are next year. I’ll be following, Wes! Keep up the great content.
What idea are you working on?
@@dhavalbhatt5742there are so many things out there I must do some more research.
I*t took seeing the incredible power of AI and watching old YC videos with Sam and Co and their advice of, “Just build things. Do things that don’t scale.” For me to take the leap and just make a business instead of endlessly planning it. What started off as a weekend project to see if I could build a GPT Wrapper turned into my full time business and obsessive passion.* Like Shia Says! “Just do it! Don’t let your dreams just be dreams, Just do it!”
You should do it. There's nothing like working for yourself.
Dude this is great. More content like this and deepdives
Informative video. The only thing I would add is, just like he mentioned early on in this video, you might be earning 20K per month for a few months (which is still very good), but it can all end almost overnight if a well-funded competitor (OpenAI, for example) creates the equivalent and better for much cheaper.
Just don’t quit your day job and let the money roll in if it’s that much. You should be diversifying.
@@noproofforjesus Is sleeping a part of your diversified portfolio?
I don’t know if I totally believe this. If you think that’s what is going to happen then yes that is what is going to happen. I’m a firm believer that users buy the person behind the app not just the app.
There is very little you can start and a bigger guy not come and pull market share. I get your point just saying if I made that then bank it and on to the next idea. Or shop the idea and sell it while it’s still in high growth but before the big guys get it. My bigger point is what last forever?? Very little. Ride the wave. Stack the dollars. This is the time we are in.
Hey Wes, I struggle in areas like defining the potential of an ideal, breaking down the idea into the right tasks for the MVP, and marketing it on a low budget. Great video, will try to put some of these into practice.
I just subscribed, Wes, and let me tell you that I almost never subscribe to TH-cam channels. But your content is interesting and cutting-edge enough that it was a no-brainer. Granted, I have current interests and ambitions in the AI sphere that you're dealing in, so that was a major part of it.
Same here 😊
this was really great, thank you, the pain-points idea gatherer tool is so useful, I will check it out now. and you gave that wave analogy at exactly the moment I started drifting out of focus due to the thought of "oh so many new things every few months, how will I ever get on board with the relevant tools & products". Thank you
Yet another industry-shaping video. Wes is right out there ahead of everyone else.
If you’ve used OpenAI APIs you know how expensive things can get quickly. Not sure small businesses would stomach that. Large businesses are staying away from OpenAI because of the lack of training data transparency. Larger enterprise models from AWS, IBM, Ms and etc are where enterprises put their trust today. Could that change in the future as bigger companies get scared of smaller ones in their space, using AI and OpenAI gets to the point of trust that the big boys have? Probably.
The new prices are so cheap that if you price it well you could make six figures easily. There are lots of techniques to maximize the quality of outputs with very little cost to you
I'm lost in a sea of possibilities and can't find anything in particular to latch onto. A video about how to narrow things down to specific goals and niches would be extremely helpful.
I'm with you. I've had the A/B testing idea in my head for years but had so many others.
Does Wes have a Discord?
@@edwardmitchell6581 I've asked him - awaiting a reply
Hey Wes,
You talked about conceptualizing, building, testing, marketing a tool - and that already a handful… but I was wondering on the legal side and the actual scaling of these tools into real profitable businesses. Given the fact that some of these businesses you talked about were essentially one-man armies, how do these founders go about legitimizing these businesses (for example incorporating, drafting financial statements, abide by tax laws etc.)? All of this seems so complicated! Could you make a video on all this organizational stuff??
Incorporating is just filling out forms. You can find them online or pay companies like Zenbusiness to file everything. Taxes depend on your legal structure (LLC, S Corp, sole proprietor etc)
Always producing quality content and asking us the right questions along the way; thanks Wes!
Dang, I gotta say, this was an eye opener. I fall into the trap of thinking that just because I know about all this stuff, so does everyone.
I talk to people all the time that don't have the slightest idea about any of this stuff.
I've been waiting to try and build something earth shattering.
When, I should just look at what's already out there and make another one with a slight spin to make it a little different and better.
Apps coming soon
If you want to join forces let me know. I know all about this stuff and I’m a Python dev as well. Ready to start spinning some things up
I guess that a pre-planned video showing a simplified to the max, with emphasized bulletpoints, step-by-step, repeatable, template-like formula/guide for API implementation, done several times with different API's to exemplify it multiple times, to underscore the similitudes of the steps each time, and so that people completely out of the know can fully understand the steps, would remove the main obstacle for the average person. As well as for how API's work, where to find them, how much they charge, etc. Same for Zapier options.
Interesting - this is EXACTLY what I'm putting together - glad to hear there's interest!
What am I stuck on right now? Zapier actions. Please show an example of actually setting up a GPT or Assistant with Zapier actions! Thanks, Wes!
Yes. Seconded 👍
Loved the video! Would love to learn more about the marketing part.
Hi, I'm already into this and have 2 solutions already. CV generation, and document reading and answering questions. But marketing is challenging due to 2 reasons. Funds and how to do it. Can you explore this little more please?
These 1 man bands will soon get sued by their own bot swarms once they're given legal rights. I don't see these kinds of get rich schemes lasting very long.
Your content is likely the most helpful and practical on TH-cam. And you crack me up sometimes (last video, your joke about google ads 😂). Thanks to you, I built a GPT store and linked my website. As far as I have seen no one else is showing people how to do that. It was a bit technical but you did NOT skip the critical technical stuff and (even) I got it to work. (Unfortunately… OpenAI crashed and burned in their stupid drama mode and we all got a bit blindsided).
This video is really promising. Looking forward to getting back on track. I have lots of ideas. I’m just not sure… you are probably my best source of practical knowledge though Wes. And I am extremely grateful. I don’t know why you do this but **Thank You 🙏.
🤣🤣
I am kinda confused by the name gpt store, what does it means ?
Well done take on the topic. Thanks for the insights and your transparency. Other people use this topics to shill their online courses.
What's holding me back is paralysis. This video alone has 270k clicks. I imagine 1 million people sitting at their desks right now and building 😅
As a developer working a lot with chatgpt, I've seen that chatgpt is getting worse with coding on every iteration. It becomes a little pain in the a when the ai doesn't understand the objective at the first try. Could it be that I'm missing something? Or all is just hype?
gpt3 or 4?
@@davehedgehog9795 both. I even use copilot. And sometimes putting the ai in context or tuning what the ai did, takes more time that actually coding it by my self
I just found this video, it's extremely helpful, thank you for this. i havent checked other work on your channel yet, but in the middle of the video you asked "what would be holding you back, building it?" Yes! i'm sure there will be more information about that on your channel, so i cant wait to finish this and find more.
Good vid, its so true that just because we know something dont mean everyone else automatically does, i have a habit of assuming people just somehow know lol, i heard someone i know get excited about a random generated image they were shown from somebody else but in my mind thats old, free and easy to do etc.
That's exactly what I was thinking about myself. While I have always been interested in technology, I don't consider myself to be a techie by any means. I began experimenting with generative AI art online last fall, and while I think some if my creations are pretty basic compared to others on the platform who are far more creative than I am, I have to remind myself that 95% of people haven't done anything with AI and look at me as an expert.
@@728huey Thats right, people currently dont know how high the bar actually is and thats the opportunity.
The PDF business already got nuked by OpenAI adding that functionality themselves. Controlling the source is imperative if you want a lasting business.
It did?
Very interesting topic. The biggest concerns I have is cost and time to support a solution.
agree on the cost. Most apps have a free trial, but even so would need some beefy servers and storage if your app catches on. Plus there is the API cost. I wonder of those making 20k how much of that goes back into the cost of paying for the API, servers, storage etc. I would be interested in knowing the true 'net' income after all expenses are taken into account. It might not be as much as people think and I bet unless it is one of the few apps that goes viral that it produces negative income. I want to learn because of the potential, but need to be realistic, look at the big picture and make sure it does not bankrupt me before it takes off.
Don't forget legal issues, GDPR compliance, and security. There are so many 'good ideas' that started out with good intentions, but because the creators didn't understand cyber security and privacy concerns, they end up effectively being unintentional 'spy-ware'.
Running an AI chatbot on a DO server is super cheap, and if you setup something of value in a vertical that users are interested in (i.e. you supply extra info/data beyond just the trained data in the LLM) then users pretty much take care of themselves. I actually have far less support calls/time with users as they get 90% of what they need from the AI.
Your surfing analogy is spot on. Thanks for your content.
I'm 61. I've been out of IT for about 10 years. I started in 1985 doing COBOL on IBM mainframes, and ended doing C++ and JAVA and was database manager on Oracle, SQL server, etc. I would love to try something like this, but I need to see a back to front example of how all this works with all the moving parts. Also, I need the ideas. I can then substitute from the example. My biggest hurdle is feeling like a dinosaur in an industry I enjoyed for 25 years. This can't be that difficult. Thanks
Take some classes and learn a new stack. Ideas will come to you when you take a break from learning the nuts and bolts. You've done it before, so you can do it again.
@larrym2434 Thanks. Is that all there is to it? All the alphabet soup, json, python, etc is scary new.
@@kirkbymr I didn't say it would necessarily be easy. But you've got a huge head start with your preexisting skills.
I’m working on showing how I built my app Subtxt with having zero professional experience (I used to be an animator!). Six years in my app is making six figures a year. It’s really fun to build these things and relatively easy to do
My rock to overcome is that I don't know what rock to overcome and what rock comes after, in a sea of rocks that looks equally heavy.
How do you approach businesses when most of them are large corporations, a few of them are very large chains. The mom and pop shops are out there but they’re suffering . They’re not trying to pay an AI guy.
Is thi the line for the 20000 /month? :V
No.
The biggest thing holding me back is figuring out the token pricing and surprises that can popup in production.
It's cheap. Don't worry about it.
As a developer - I found this video very insightful
I'm reading that the API run costs and risk of platform shift are not being discussed here.😮
Good job, I will love to build an AI for Seismic Interpretation.
Hi Wes, love your channel and follow regularly since discovering it. I am within the Defense Tech space doing sales research/partial marketing. I utilize a good number of AI wrapper tools and GPT Pro regularly and have realized that even in my space, although many are aware of these tools, they choose not to use them or do not see the immediate benefit. Yet, I do and it is beginning to show in my productivity. I am trying and do want to create and build something within this space but truthfully unsure of how and where to begin. What we lack is comparative market analysis amongst defense company organizations and where correlation points between said company’s may exist. I’ve been doing this manually and I am thinking something in this space possibly
I really think 2024 is going to be the year everyone starts building their own. Those without a particular niche or vertical like you speak of will probably default to CustomGPTs, but the tools to set up and build your own fully functional AI app are all set up and ready to go. Super easy to setup over a weekend.
@@j_hull Thank you Jim. I am working on a CustomGPT this week and trying to tailor it to my specific niche market in Defense Tech for research
1st video of yours i've watched and I gotta say, I love it, gonna go see all your other stuff now. Thx
How would you factor in to this discussion the new option by OpenAI that allows people to create their own GPTs, and the planned GPT Store? With the ability to create, publish, and (soon) monetize GPTs, wouldn't this be a game changer?
Biggest downside there is Custom GPTs can only be used by Plus subscribers
Exactly. Once you learn how to use the APIs yourself and find a way to offer that to the others Custom GPTs are a sideshow
Thank you for this Wes. This was very insightful and full of empathy.
I've already built an AI tool, however, as more tools release, I simply keep seeing my tool as obsolete each time. Any suggestions here?
Keep making other ones, or better version of yours
@@paskali79 It really is as simple as this. Also, write your story about why you built the app and communicate that to everyone. People buy the person/team behind the app, not the app.
Going to start paddling can't wait for the instructional videos I cannot code, am semi-retired & want to make enough $$ to ditch SSI until I am 67 1/2.
I know most people are chasing money but I'm trying to use AI to solve social problems. I've got a working prototype that people are excited about, however, the end user won't be able to pay for it. I'm trying to monetise via donations and grants from Gov't and related charitable foundations. But it would be great if there were other ideas on how to create a basic income for making the world a better place for all of us...any thoughts?
Target non profits and incubators. May find some people that’ll be interested there.
Made £15 from a user from my first super basic ai project within 1 week of launching, my first internet money - there's money in this space, and were early!
As a layman in programming or how servers work, my question is what if you create a nice app through gpt. Does that app get hosted on openai's website? And do the users of your app go through openai to access it? Do they need to already be customers of openai to be able to access your gpt app? I feel like creating the app is the easy part with the help of gpt. The hard part is the technical stuff after that needs to happen.
As I understand it, you can be a customer of OpenAI and get their API key. Then for your business you can feed customers (through your own site for example) OAI's services on your own platform via the API key that OAI gives you. OAI then charges you for usage, but you can charge customers enough to break even/profit on top.
@@larion2336 This is 100% how I do it.
20 min of wheel spinning, hot air, and speculation good lawd!!
I spent a few months building a bookmarking site with AI. Really nice I felt. Clean and easy to use. Couldn't get users. Ran it for 6 months and only had 4 subscribers. I tried to grow organic traffic via reddit etc. Everyone down votes folks who promote their own products. So I suck at marketing and just couldn't get the damned thing off the ground. So would love content on marketing these sorts of things. Because I fear again dumping many hours, days, weeks into an idea only to watch it fail.
im sorry to hear that. hope things worked out for u in the end. those examples given in the videos are from founders that already had followings and this is not their first startup.
Try to get friends to adopt this site, then they will share it.
Also make a free option if it's not already there, the only problem is the cost of running this.
You must accept the risk if you want to succeed. I spent, literally, 12 months building my first SaaS project and I got 5000 users within the first 3 months after launch. 220 of them were paying users.
Intro about coding reminds me of early photography to current. Photographers decades ago were very technical people. Nowadays, technical skill is not required on photography. what matters is the idea or creativity
My only concerns are how I would get my app to people with absolutely no social media or community presence and how to figure out if and what kind of data would be useful or unique
Boomers on Facebook probs...
@@AR-dr1sb I forget that app exists from time to time
Unique data is a concern for me too 🤔
I would find something that you're passionate about first and go from there - my niche was bad writing in movies (as most of the films I worked on were horrible!), so discovered a theory of story that not too many knew about because it was complex, and I ended up using that as the basis for app. It helps if its a subject you really care about - as that will drive you to make the interactions with users that much better (and elevate it over all others)
love what you do and your dedication is admirable my friend!
😁
Thanks Wes, great information as always. It's amazing what one can do if you're willing to put in the time and effort. Start paddling people.
I like this direction you’re going, and that would be very helpful to continue along the lines of this video!🎉
I would love to see a group of your viewers work together in some type of collaboration regarding ideas and startup business potential. I think you should have a Patreon or specific way to group those who are interested in truly going to the next steps in their idea and business development with your advice and guidance. Just my 2 cents. =) Also how do we get something like Hyperwrite to use our credentials so it may post to our social media and other sites that require a username and password to access?
Is there a subreddit?
I think that's a great idea
Wes. Thanks for the great information. I am bursting with ideas but don’t know where to start. A session on what no code tools would be helping.
My concern with AI service is: what if user pays lot of money and than the AI fails and gives him some bad advice (potentially destructive)? I think for this reason the bottleneck could be the legal issues handling prior to launching the bussines.
What happens when a human does the same?
All waived away in terms and conditions. Just like most software already does
Ah yes true, just put a disclaimer
@@Diskent Yeah but anyone can still take you to court tieing up your time, money and emotions for potentially years. Sorry, not trying to be a downer.
I used to worry about this to to some extent...but their new Copyright Guard (OpenAIs) will likely you cover you, and as long as you set up the right TOS at the start, you'll be fine.
How to build the tech is the biggest roadblock for me.
Why do YOU not take your own advice? You clearly have time to make videos to tell me I should be spending my time creating my AI business. If I wanted to make a bit more money I agree that there are better ways to spend my time than watching TH-cam, and I even believe that some people are managing to make money from using AI, but I am far from convinced this is a sure-fire way to succeed, and thus it's quite a leap from "somebody is making money this way" to "everyone should do it", which is the crux of your advice, that you're not taking yourself.
Please elaborate.
He's a content creator, and content creators create content and share it. How do you know if he's applying the ideas or not? Do you know his fiscal reports? Why do you care?
Be grateful that the awareness of an opportunity has been brought to your attention... when the alternative is you being clueless (living under a rock) while countless people start working at these ideas TODAY
Just my perspective. Everyone would be better off if they were more grateful
Thanks for your content. Inspiring 😊
You work for 40yrs to have $1m in your retirement, meanwhile some people are putting just $10k in a crypto market for just few months and now they are millionaires , all thanks to Mrs Jane, God bless you madam 😇
Wow I' m iust shock someone mentioned expert Mrs Jane thought I'm the only one trading with her
She helped me recover what I lost trying to trade my self.
I think I'm blessed because if not I wouldn't have met someone who is as spectacular as expert Mrs Jane,
I think she is the best broker I ever seen.
I still wonder how she gets her analysis, I got profit of $28, 609 with a capital of $4000 in 16 days of trading with her
I'm from Canada 🇨🇦 I and two other of my friends tried her immediately we testified, her performing wonders
Thank you Wes for the encouragement to take action on what is possible!!! You my friend inspired me tonight!
At 84, I have lived a better life before the tech industry invaded the Planet's 8 billion population. My first mobile phone took a flight but missed the open window and crashed on the wall. That was 2004, I only had it for 4 weeks, never replaced it. Today's "Smart" everything world is a fake world, utterly disgusting seeing people and their gadgets as part of their physical body everywhere. I have a Mac computer to do music and world peace related artwork, but after 24 years of it I curse the entire tech industry for turning people into robots and Life into a robot factory. Cheers folks, enjoy your life if you still have one.
Wes - need more on the detail on the tech build. Great vid BTW.
This is so useful. There’s so many scammy videos out there about AI. Thank you for creating useful content. 😊
Your stuff is great Wes. Invaluable. I do happen to be a developer, decades of it. I am a 1-person team, building an app using OpenAi API’s. Regardless of my programming skills, much time is spent in rabbit holes figuring stuff out for the backend. Less time is spent by me focusing on what the customer will actually use. Any advice to get focused and productive for what really matters would be fantastic.
Very much agreed, I'm also a 1-person team and posing some of my questions abouts 6 lines up. I
What are you using for your development?
Please my reply to Wes above.
Good Luck with your projects!
Thanks Wes, this channel is so valuable
Outstanding as always. Thank you Wes
Great video, my speculations ware matched in this video. Seems that our thought process is on the same frequency Wes
This is all very nice! Thank you for sharing! Let's not forget why one creates something in the first place. Best wishes!
Regarding the 7m mark and the cool article by Ben Tossell, would love to see an example or walk-through with all the specifics! For example, how do you use Bubble, Zapier, replit, ping replicate, hugging face, openai etc to automatically convert a new YT video to mp3 (from a specific YT channel), and update an rss feed.. maybe transcribing it as well.
The No Agenda Show talks about "Podcasting 2.0" with great features, but I'd be happy with automatically getting an mp3 (via rss feed) for YT channels that don't have podcasts!
Thank you very much that video provided a lot of value to me!!! Keep them videos coming!
Monetizing/pricing stuff is my biggest challenge. I have a few Custom GPTs built (I'm a TH-cam SEO/PPC nerd) that have given me some massive successes
RPG was a thing while AI was still mostly pie-in-the-sky. RPG was a project to allow non-programmers to write report-generating programs. You just specify the input files, what calculations should be done on the data from the files, and how the results should be laid out on the printout.
Actually, this is basically how COBOL works as well.
You are an inspiration and I'm glad I found this video. This is absolutely amazing information you are providing here. I just subscribed.
Thank you for everything you teach us!
Another lesson from the social and SEO industry - the cost sometimes keep rising to meet the market squeezing margins of middlemen - Google adwords is a great example where you end up competing against the big companies who you are paying, with little control over margins. So some of these marketing type models will be squeezed or just become another low margin product for existing agencies. The same people selling websites, advertising, and social will be selling the AI version of the solution (and have already captured the market).
This highlights that AI is just another tool - a bit like a computer or wordprocessor - it's a big advantage but you've still got to build the rest of the business.
This is why swarms are particularly interesting - not because they'll prevent this problem just that you are potentially ahead of the curve and might capture early wins.