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The 19-year-old Who Built a $1.5M Ai SaaS in 7 Days

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67K views|7 months ago
💫 Short Summary

In this YouTube video, a 19-year-old entrepreneur discusses his journey of building a music tech startup that has achieved over 1.5 million in the first year. He talks about his background, the inspiration behind the tech, the launch and growth of the startup, the acquisition of users, the monetization strategy, the future plans, and the introduction of a new program called the Future Dev.In this video, the guest talks about their journey in building a new app every month, the importance of staying updated on AI trends, the potential of new AI models, and the impact of blockchain and NFTs on the future of technology.In an entrepreneurship interview, the guest discusses the philosophy and strategy for breaking into the software market, emphasizing the importance of finding distribution and a developer to work on a project. They recommend joining Discord communities to find developers and focus on building a good product.In this video, the guest emphasizes the importance of understanding the fundamentals of products and technologies, and the host introduces a new question on the challenges and mistakes newcomers may face in the AI SAS world. The guest suggests that not knowing how the product works on a low level could be a significant flaw and emphasizes the value of learning from the mistakes of big company successes and military leaders.

✨ Highlights
📊 Transcript
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Two young entrepreneurs, aged 19 and 20, discuss their journey of building software products, including AI music and video technology, which has led to the launch of a new program called BuildSpace.
00:00
The entrepreneur spent time learning about scaling a startup and realized the importance of having a huge mission and the need to become an engineer.
He focused on refining his coding ability and came across a research paper about vocal style transfer for music.
He built a tool that allowed the conversion of voice to music in just a week and launched it, gaining 100,000 users within seven days.
The entrepreneur implemented a $1 subscription model, which quickly gained 2,000 paid subscribers on the first day.
They emphasize the importance of getting ideas to the market quickly using no-code tools like Bubble and make.com.
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The guest discusses how they marketed their product, created controversy, and implemented an affiliate program to drive traffic and sales.
05:52
Created controversy and intrigue around the AI music product by early ugc content creators
Launched an affiliate program with a 25% commission, with some custom deals up to 40%
High-profile music producer used the platform to play with music ideas and send demos
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The guest talks about a new program called the future Dev and how they teach people to build software ideas with no code.
11:57
The program is like an after-school program and is free as they believe education should be free.
The guest worked at the company for seven months.
The founder of the program brought the guest into the world of entrepreneurship.
The guest built their own company through the program and did not have to pay a percentage as the program does not have a business model yet.
The program is focusing on subsidized education from the government in the future.
The guest's plan for the future is to build a legit company and focus on audio problems across various industries.
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The guest talks about their project's involvement in the AI voice cloning landscape and the potential for success with a good product and distribution.
17:06
AI voice cloning landscape has more tools now, with 11 Labs cementing itself as an industry leader in text to audio
Companies have switched to AI after the launch of CH and other APIs
Opportunities to pursue if Music Vibe wasn't the main priority include building a product to create clips from long-form Twitch streams
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The speaker discusses their use of TypeScript and JavaScript with Next.js as their framework, and Supabase as their database for the app, without using any external APIs for music, as everything is run locally on Modal, a serverless GPU company.
23:54
They spend a lot of time working with TypeScript and JavaScript.
Next.js is used as the framework, and Supabase as the database for the app.
They don't use any external APIs for music and run everything locally on Modal.
They have their own closed S API for specific customers with a minimum spend limit of 10K.
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The use of archival research papers and platforms like Hacker News and Hugging Face to stay updated on AI trends and new models.
25:23
Archives like arXiv are used to track research papers and trends in AI.
Hacker News is another platform for discovering new papers and research.
Hugging Face is focused on upcoming AI models.
The guest recommends checking out arXiv and mentions the spelling as 'a r iix i v'.
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The guest learned how to code while working at a company and transitioned from no coding experience to becoming a strong developer.
27:56
Spent time learning to code while working at the company.
Transitioned from no coding experience to becoming a strong developer.
Emphasizes the importance of understanding the products for building great projects.
Acknowledges the value of no code platforms but advocates for a deep understanding of the products.
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The guest discusses their focus on growing the music and gaming markets, and the potential for creating a mobile app running an offline language model.
31:55
Desire to grow the music market by making music creation more accessible.
Plans to focus on the gaming aspect to expand the music and gaming markets.
Acknowledges the importance of AI in changing the ad creative space.
Mentions the potential of blockchain and NFTs to solve issues related to AI and deep fakes.
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The speaker believes that blockchain and NFTs could solve the issue of verifying and stopping deep fakes, but acknowledges the challenges in implementing it.
36:56
The guest thinks that blockchain and NFTs can solve the issue of verifying and stopping deep fakes.
Mentions the use of zero knowledge proofs in World ID to prove a person's identity without revealing their information.
The guest has not yet been scanned by World ID.
Discusses the process of scanning the eye for World ID.
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The guest talks about the potential of AI models and the growth of micro apps and tools with the help of AI and no-code platforms.
43:21
AI models such as Mistol and Stable Diffusion's 2.1 for text and image are impressive.
Predicts the growth of micro apps by using AI and tutorials from the internet.
Believes that bigger companies will solve industry problems, citing OpenAI as an example.
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The guest emphasizes the importance of finding distribution and a developer when starting a software project.
00:00
Having distribution allows you to sell anything if you have a million followers.
Finding a developer becomes easier when you have distribution, as developers want to reach a large user base quickly.
The guest suggests joining Discord communities to find developers who are working on projects and are open to collaboration.
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The guest advises to focus on building micro apps due to the lower barrier to entry and the potential for more micro apps than bigger apps.
04:32
Having a distribution and a developer can help in building a product quickly.
The guest mentions the abundance of AI and software engineers in Discord communities.
Developers often lack the understanding of what people want, while those with large audiences struggle to make a product.
The guest believes that having a good track record can help in attracting developers.
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The guest discusses the accessibility of starting a software company and the importance of finding a distributor and developer.
08:38
The playbook for starting a software company is simple: find someone with distribution and then find a developer.
The guest recommends using Affiliates as a way to share products and build a personal brand.
Having a good product and understanding what it looks like for most people can lead to good distribution.
The guest emphasizes the importance of creating demos and having a personal brand for launching products.
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The guest shares insights on the tech tools used to run the company, such as Discord for internal communication, PostHog for analytics, and Retool for database visualization.
12:43
Internal communication tool: Discord
Analytics tool: PostHog (open source, provides heatmaps, video recordings, and device information)
Database visualization tool: Retool (allows the creation of graphical representations of database information)
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The guest explains the decision-making process and the importance of making hard decisions as a founder.
16:40
As a founder, it's important to make decisions and figure out how to do both when possible.
Scaling a product from 10 users to 100 users is a huge thing and requires solving many problems on the fly.
The guest mentions the use of serverless GPUs to utilize compute resources more efficiently.
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The guest emphasizes the power of having a personal brand and the ability to launch products quickly through the existing network.
20:46
Having a personal brand with a significant number of followers allows for the quick launch of new products.
Courses are seen as one of the best business models, but the right to sell a course needs to be earned through practice and expertise.
The guest's idea is to create a community of content creators, distributors, and developers, and take a percentage of the products created.
The guest wants to use the personal brand to launch products quickly and have an exit strategy in place.
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The guest discusses the approach to marketing a SaaS product, emphasizing the importance of building a personal brand and selling a course to teach people how to use the SaaS product.
24:53
Combining SaaS with courses is a smart way to teach people how to use the SaaS product.
Having a personal brand allows for the quick launch of new products and a testing pool of users.
The guest mentions the plan to create a community of content creators and developers and take a percentage of the products created.
The guest sees courses as an opportunity but wants to focus on creating a community of creators and taking a percentage of their products.
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The guest suggests that SaaS companies can sell courses to teach people how to use their products, mentioning the model used by ClickFunnels to combine SaaS and courses.
28:49
The guest sees the potential in selling courses as a smart marketing strategy for SaaS companies.
Courses can teach people how to use the SaaS product and generate additional revenue.
Having a personal brand can also help in launching new products quickly.
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The guest talks about the importance of building a personal brand and how it has helped in the launch of new products.
32:53
A personal brand can generate interest and value for potential collaborators.
Courses are an important aspect of the business model but the focus is on creating a community of creators.
The guest wants to help creators make products and take a percentage of their projects.
The guest mentions the government's role in subsidizing education for high-performing individuals.
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The guest discusses the role of a Discord group in content creation, the changing landscape of software, and the potential of blockchain technology.
36:57
Discord group for content creation: The guest is looking for content creators and mentions the strategy used by Oliver from "Oh Nice".
The guest believes that having a personal brand is important for selling products in the future.
The landscape of software is changing rapidly, and the guest sees potential in blockchain technology.
The guest talks about the plan to create a decentralized application (dApp) and how it could be a game-changer.
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The guest addresses the issue of finding the right people to collaborate with and the importance of consistency in growing a business.
41:01
Finding the right people to collaborate with is a challenge, and the guest emphasizes the need to understand their motivations.
Consistency is key to growing a business, and the guest believes that having a clear vision and being able to execute it consistently is important.
The guest mentions the project with the government and how it has been a long-term goal to work on something like that.
The guest talks about the potential of the project to become a global initiative and how it aligns with the vision of creating a decentralized application (dApp).
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The speaker uses Kondo and Superhuman for productivity and email management.
01:11:00
Kondo is a great calendar app.
Superhuman is an excellent email tool with features like the ability to see if other people have opened your emails and to send emails quickly.
The speaker values the simplicity and interface of Superhuman.
✦
Consistency is key to success, with the speaker emphasizing the need to keep going and figure things out through continuous effort.
01:13:34
Starting with small ventures in middle and high school, the speaker consistently grew their projects.
Success is 80% consistency, 10% luck, and 10% skill, according to the speaker.
Many young people want instant success, but the speaker's journey started at 15, and they had to learn from their mistakes to reach their current level.
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Newcomers to the AI SAS world may encounter problems and mistakes if they don't have a deep understanding of their product and how it works.
01:15:15
Understanding the low level of the product's workings, such as APIs, costs, and user acquisition, is crucial.
Some people with distribution and development support still lack understanding of their own product.
Spending time to comprehend the product's code and functionality at a fundamental level will be beneficial.
Speed in launching a product is good, but not understanding it at a low level can lead to challenges as it scales.
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The speaker learns from the stories of successful business leaders and military commanders by listening to podcasts and history at night.
01:16:58
Nighttime listening includes stories of big military leaders like Salah Dean, who show how to come to the top in their time, considered Business Leaders.
The speaker finds the stories of military leaders more amusing and listens to them for amusement and learning.
The audience can find the speaker on Instagram at Arab K7 and on Twitter at Arab K24.