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video editing resources How I Find $50K/Month Business Ideas Great video once again Marc! I love the way you edit your videos, bro. Can you share some sources for video editing that you based your videos on? ## video editing How I Find $50K/Month Business Ideas Great physic bro đ. Bro do you yourself edit your videos? ok building a startup, but how do you get time to make videos? i want to build a channel like you. can you give advice, or do you have a video on that? I'm doing my business but not time for youtube( ## time management for content creation How I Find $50K/Month Business Ideas Great physic bro đ. Bro do you yourself edit your videos? ok building a startup, but how do you get time to make videos? i want to build a channel like you. can you give advice, or do you have a video on that? I'm doing my business but not time for youtube( ## genai viability Tarpit Ideas: The Sequel 6:56 Michael I'm not sure how this example demonstrates how new tech (in this case GenAI) is now making previously unviable ideas more viable? Is there a palpable/profitable demand for computer generated podcast content? Or a problem this is actually solving? Couldn't someone have just typed up a summary of a research paper or a scripted topic and had good text-to-voice software make it sound like a podcast 5 years ago? Personally I feel like most people loyally listen to podcasts more for the host & guest (human) personalities/humor/opinions/etc. I wish you guys would've used this topic to share your perspectives on how GenAI-centric startups right now may actually have parallels to tarpit pitfalls. As someone who is actually working with GenAI tech, I'm feeling more and more every day that the "AI is the hammer and everything is a nail" mentality is still running rampant in businesses, but for many use cases, the jury is still out on whether the revenue or productivity gains are anywhere near the costs. đ€ ## youtube channel advice How I Find $50K/Month Business Ideas Great physic bro đ. Bro do you yourself edit your videos? ok building a startup, but how do you get time to make videos? i want to build a channel like you. can you give advice, or do you have a video on that? I'm doing my business but not time for youtube( ## youtube strategy and growth THIS mistake cost me $1600 Hey Marc , really nice video ! I was wondering if I could help you with more Quality Editing in your videos and also make a highly engaging Thumbnail and also help you with the overall youtube strategy and growth ! Pls let me know what do you think ? ## initial deployment costs How I Find $50K/Month Business Ideas I wonder what the initial cost is to deploy a project on production. Of course, starting with your magic tool "ship fast" ;) ## project naming and status My Next $1M SaaS Hey, I'm curious what's "Code Fast" as seen at 2:11? Is this the project name of ShipFast or it's the project you are working on now :) ## initial project costs How I Find $50K/Month Business Ideas I wonder what the initial cost is to deploy a project on production. Of course, starting with your magic tool "ship fast" ;) ## current projects My Next $1M SaaS Hey, I'm curious what's "Code Fast" as seen at 2:11? Is this the project name of ShipFast or it's the project you are working on now :) ## investor risks vs. founder risks Why Startup Founders Should Launch Companies Sooner Than They Think Hopefully everybody watching these videos understands that Y Combinator has a conflict of interest; in that they are investors, so they burn their own cash the longer it takes their portfolio companies to launch. The conflict is in that fact that they participate in the upside, regardless, but very rarely, and to a much lesser extent, share the same downside of a founder, if and when there's a premature launch. ## energy and motivation How I Find $50K/Month Business Ideas How do you maintain such energy and motivation bro đźđ ## time management How I Find $50K/Month Business Ideas Great physic bro đ. Bro do you yourself edit your videos? ok building a startup, but how do you get time to make videos? i want to build a channel like you. can you give advice, or do you have a video on that? I'm doing my business but not time for youtube( Enterprise Sales - Startup School Really nice information. Thanks for sharing. But then, about not showing them your product on the first call. If you're selling to lawyers for example whose time is really valuable and change clients by the hour. How easy would it be to book a 2nd call with them when you only managed to book the first call (especially when you hadn't shown them the product yet in the 1st call)? ## business proverbs How I Find $50K/Month Business Ideas one pop 'cause u were "selling shovels during gold rush" . so find another goldrush and sell them shovels. I wonder if there are more business proverbs like this "selling shovels during gold rush" ? đ ## customer acquisition THIS mistake cost me $1600 Hi I am a big fan of your work. First of all, I wanted to compliment you on your content: it is always very helpful and well-done, and the way you share your knowledge is truly inspiring. I am also a developer and have created several SaaS applications, but unfortunately, I am having trouble monetizing them. I can't seem to find any customers, and I'm not sure how to best market my products. I was wondering if you could give me some advice on the marketing side: how did you find your first customers, and what strategies did you use to promote your applications? Any tips would be greatly appreciated. Thank you so much for your time and for the work you do. I will continue to follow you with great interest! How To Price For B2B - Startup School The very right approach is to start with value, not price. At JetSoftPro, a software development service, we work closely with startups, and the question of the trial period and when it will really play as an advantage is one of the most difficult ## startup ideas without apps Startup Experts Discuss Doing Things That Don't Scale I want to create a startup that requires no app. Thoughts? ## letter of intent Startup Experts Discuss Doing Things That Don't Scale How can i get Letter of intent if im working on hard tech?Are LOIs part of doing things that dont scale? ## startup business models Startup Business Models and Pricing - Startup School Read the business model guide here: https://www.ycombinator.com/library/Gh-business-model-guide Which of the nine models does your startup use? ## business model guide Startup Business Models and Pricing - Startup School Read the business model guide here: https://www.ycombinator.com/library/Gh-business-model-guide Which of the nine models does your startup use? ## business model classification Startup Business Models and Pricing - Startup School What model would âfreemiumâ products count as? ## high growth startups Startup Business Models and Pricing - Startup School These business models primarily apply to high growth high investment companies aiming for Billions or 100 mills which makes perfect sense for Y-C but for other entrepreneurs who just want to have several 100k or millions businesses take this list and also learn other things about small/medium businesses. Your plumber or plumbing company makes great money with a simple: build trust, do good work, advertise , hire good employees and send an invoice. ## small/medium businesses Startup Business Models and Pricing - Startup School These business models primarily apply to high growth high investment companies aiming for Billions or 100 mills which makes perfect sense for Y-C but for other entrepreneurs who just want to have several 100k or millions businesses take this list and also learn other things about small/medium businesses. Your plumber or plumbing company makes great money with a simple: build trust, do good work, advertise , hire good employees and send an invoice. ## traditional business strategies Startup Business Models and Pricing - Startup School These business models primarily apply to high growth high investment companies aiming for Billions or 100 mills which makes perfect sense for Y-C but for other entrepreneurs who just want to have several 100k or millions businesses take this list and also learn other things about small/medium businesses. Your plumber or plumbing company makes great money with a simple: build trust, do good work, advertise , hire good employees and send an invoice. ## tarpit idea recognition Tarpit Ideas: The Sequel Love these videos! Iâm working on a music discovery app - I feel tech has changed and I have twists that make it âno longer a tarpitâ (but isnât that what they all say?). Hmu if anyoneâs interested in a Zoom demo, please help change my mind :) Email in bio ## startup best practices Tarpit Ideas: The Sequel Hey everyone, I wanted to emphasize the importance of NDAs and IP filings before sharing ideas. Recently, I noticed some startup advice suggesting not to require an NDA signed before sharing your pitch, claiming it would deter interest. However, this can be extremely risky! As a struggling single mom of three/inventor in technology, I had my former 'senior advisor' (who was already a multi-millionaire) sign an NDA when disclosing my idea, thank God. Seven years after my invention/start-up venture started, I found out that he was building my business model out with a major bank who bought my invention/business model for almost $100 million! Unfortunately, he was a secret enemy who kept himself close in order to gain access to my technology (aka Corporate espionage) Do NOT give your ideas freely! Your ideas take THOUGHT POWER! A lot of people are too dumb to think, so they look for smart, creative people to do it for them, but the only difference is that they have money and the connections to make YOUR idea/concept happen. These types should be held LEGALLY accountable! Lesson: NDA'S, Copyright, and file IP. Then you have a case;) ## time management for entrepreneurs Why Startup Founders Should Launch Companies Sooner Than They Think Also sometimes the problem is that i can't dedicate enough time for product cause haven't free time, maybe i need to quit my job and do my thing. It was super interesting point of view, love it: Quotes ''founder often find reasons to launch later because they are afraid'', ''focus on building something 100 people love'', ''when you are super small with the jankiest mvp you should absolutely launch''. ## fear of launch Why Startup Founders Should Launch Companies Sooner Than They Think Also sometimes the problem is that i can't dedicate enough time for product cause haven't free time, maybe i need to quit my job and do my thing. It was super interesting point of view, love it: Quotes ''founder often find reasons to launch later because they are afraid'', ''focus on building something 100 people love'', ''when you are super small with the jankiest mvp you should absolutely launch''. ## challenges as an independent inventor Why Startup Founders Should Launch Companies Sooner Than They Think Hey everyone, I wanted to emphasize the importance of NDAs and IP filings before sharing ideas. Recently, I noticed some startup advice suggesting not to require an NDA signed before sharing your pitch, claiming it would deter interest. However, this can be extremely risky! As a struggling single mom of three/inventor in technology, I had my former 'senior advisor' (who was already a multi-millionaire) sign an NDA when disclosing my idea, thank God. Seven years after my invention/start-up I found out that he was building my business model out with a major bank who bought my invention/business model for almost $100 million! Do NOT give your ideas freely! Your ideas take THOUGHT POWER! A lot of people are too dumb to think, so they look for smart, creative people to do it for them, but the only difference is that they have money and the connections to make YOUR idea/concept happen. These types should be held LEGALLY accountable! Lesson: NDA'S, Copyright, and file IP. Then you have a case;) ## social skills for entrepreneurs Why Startup Founders Should Launch Companies Sooner Than They Think Lack of social skills is a huge one, biggest advice is to use apps like Social Wizard to get better ## startup strategies: b2c vs b2b Why Startup Founders Should Launch Companies Sooner Than They Think This advice seems apt for B2C tech-lite startups. Tech-heavy B2B is a different arena. ## early customer discovery Why Startup Founders Should Launch Companies Sooner Than They Think What about not knowing yet what to develop and launch during early customer discovery? What about Deeptech products that take time? What about the data of many succesfull companies that took many months, even years before launching publically, eg, OpenAI? I understand the value in launching as soon as you can have something functionnal packaged, but 2 months as a general rule? What if through discovery you decide to change product altogether? What should you do then, cancel the first one? Maintain it? ## resource availability Enterprise Sales - Startup School Is Founding Sales free onilne? Can anyone point me to the pdf / site? Link to free Founding Sales book? ## solopreneurship My Next $1M SaaS me guessing your saas idea: a google analytics killer - you use it - it's for solopreneurs who you care about - it's a painkiller (not a vitamin) ## sleep problems in entrepreneurship BEST DECISION OF MY LIFE You put back the Oura on ? I though it gives you sleep problems⊠I have huge sleep problem. I also have one but that doesnât help much.Maybe itâs a dev entrepreneurial thing idk. Always thinking and having so many ideas ## marketing strategies THIS mistake cost me $1600 Hi I am a big fan of your work. First of all, I wanted to compliment you on your content: it is always very helpful and well-done, and the way you share your knowledge is truly inspiring. I am also a developer and have created several SaaS applications, but unfortunately, I am having trouble monetizing them. I can't seem to find any customers, and I'm not sure how to best market my products. I was wondering if you could give me some advice on the marketing side: how did you find your first customers, and what strategies did you use to promote your applications? Any tips would be greatly appreciated. Thank you so much for your time and for the work you do. I will continue to follow you with great interest! How To Price For B2B - Startup School The very right approach is to start with value, not price. At JetSoftPro, a software development service, we work closely with startups, and the question of the trial period and when it will really play as an advantage is one of the most difficult Another question, any tips on how to negotiate the validation? In most cases big clients don't want their logon on the homepage of the products they use. Can you expand more about what you mean by losing 25% of your customers to competitors? we should keep lowering our prices until we only lose 25% to our competitors? Startup Business Models and Pricing - Startup School We developed a POW layer 1 blockchain prototype designed especially for sending wallet-to-wallet messages, which allows users to mine tokens from the browser, where we charge a fee for each message sent, but this fee arrives in our prototype governance token. which has no value. Would this be a transactional model? although the token has no value yet. Or would this be technical innovation? What model would âfreemiumâ products count as? Why Startup Founders Should Launch Companies Sooner Than They Think This advice seems apt for B2C tech-lite startups. Tech-heavy B2B is a different arena. ## advertising strategies My Next $1M SaaS I think he spends a lot of money on ads. I wonder how to walk that fine line with ads. ## contract renegotiation How To Price For B2B - Startup School Tom, thank you for such a concise video. My question what to do with clients who for years are using the product but for very small price. Should we renegotiate the contract and increase the price or it's better not to do anything with them? ## customer retention How To Price For B2B - Startup School Can you expand more about what you mean by losing 25% of your customers to competitors? we should keep lowering our prices until we only lose 25% to our competitors? ## long-term pricing strategy How To Price For B2B - Startup School That's pretty cool thank you, it would be nice to learn about the projection for pricing in the long term when you start to scale up. ## innovation subjectivity Tarpit Ideas: The Sequel Another aspect would be that these unrealistic tarpit ideas have an impactful result. Tesla, Neuralink, OpenAI etc all were tarpits at a point. So its too subjective. Its a matter of perception. Not saying they are wrong. Its simply hypocritical to negate ideas or simply suggest they are tarpits based on your assumption. These guys themselves say with time, beliefs around tarpits change so techically there is nothing correct or anything wrong with anything. It is just the rght thing at the right time and place. ## perfection vs. early release Why Startup Founders Should Launch Companies Sooner Than They Think Some say, "Timing the market is everything," while others argue, "It is impossible to time it." Both perspectives hold truth. While a company like Apple makes headlines with every misstep, a startup often goes unnoticedâlike a tree falling in an empty forest. The key takeaway? Don't overburden yourself, striving for perfection in your initial release. Early adopters are generally forgiving. Having worked with two promising startups, I witnessed firsthand the consequences of excessive R&D at the expense of customer acquisition. Despite our products being loved by users and boasting cutting-edge technology, we ultimately lost funding. Today, with the advancements in AI, those startups could have potentially transformed into multi-billion dollar enterprises. The lesson is clear: Launch sooner, learn faster, and adapt. The market rewards those who take calculated risks and prioritize customer engagement over perfection. ## consequences of excessive r&d Why Startup Founders Should Launch Companies Sooner Than They Think Some say, "Timing the market is everything," while others argue, "It is impossible to time it." Both perspectives hold truth. While a company like Apple makes headlines with every misstep, a startup often goes unnoticedâlike a tree falling in an empty forest. The key takeaway? Don't overburden yourself, striving for perfection in your initial release. Early adopters are generally forgiving. Having worked with two promising startups, I witnessed firsthand the consequences of excessive R&D at the expense of customer acquisition. Despite our products being loved by users and boasting cutting-edge technology, we ultimately lost funding. Today, with the advancements in AI, those startups could have potentially transformed into multi-billion dollar enterprises. The lesson is clear: Launch sooner, learn faster, and adapt. The market rewards those who take calculated risks and prioritize customer engagement over perfection. ## client engagement Enterprise Sales - Startup School Really nice information. Thanks for sharing. But then, about not showing them your product on the first call. If you're selling to lawyers for example whose time is really valuable and change clients by the hour. How easy would it be to book a 2nd call with them when you only managed to book the first call (especially when you hadn't shown them the product yet in the 1st call)? ## best macbook for programming How I Find $50K/Month Business Ideas What do you think is the best MacBook to start Programming at the Moment ? ## programming hardware How I Find $50K/Month Business Ideas What do you think is the best MacBook to start Programming at the Moment ? ## oura ring and sleep BEST DECISION OF MY LIFE You put back the Oura on ? I though it gives you sleep problems⊠I have huge sleep problem. I also have one but that doesnât help much.Maybe itâs a dev entrepreneurial thing idk. Always thinking and having so many ideas ## quality assurance My Next $1M SaaS Great video as always :). Have you ever considered to hire a QA specialist to test all of your apps? ## sales strategy Enterprise Sales - Startup School Really nice information. Thanks for sharing. But then, about not showing them your product on the first call. If you're selling to lawyers for example whose time is really valuable and change clients by the hour. How easy would it be to book a 2nd call with them when you only managed to book the first call (especially when you hadn't shown them the product yet in the 1st call)? This was a great video, I really enjoyed watching it. If you have a product where the person experiencing the problem everyday and searching for a solution is a lower level employee who must have approval from the higher ups to purchase new software, do you do cold outreach to them or to their higher ups? How To Price For B2B - Startup School Early stage startup shouldnât be selling $700K enterprise software. Enterprise doesnât just buy the product, they buy support, training, customization, and stability of the product, early stage startup canât provide that. Start with lower market then go up from there. Very interesting Tom. Thanks for sharing. I have one question about the value equation: you mentioned that you need to clearly define the equation with your champion and then charge roughly 1/3 of the value the clients receive. Do you disclose this directly to the champion (i.e. "you keep 2/3 and we keep 1/3"), or do you just present it as a price (in your example $ 700k)? If you choose the latter and later find that the value they get after the pilot is much higher, how would you go about raising the price then? ## product development My Next $1M SaaS me guessing your saas idea: a google analytics killer - you use it - it's for solopreneurs who you care about - it's a painkiller (not a vitamin) Why Startup Founders Should Launch Companies Sooner Than They Think Also sometimes the problem is that i can't dedicate enough time for product cause haven't free time, maybe i need to quit my job and do my thing. It was super interesting point of view, love it: Quotes ''founder often find reasons to launch later because they are afraid'', ''focus on building something 100 people love'', ''when you are super small with the jankiest mvp you should absolutely launch''. What about not knowing yet what to develop and launch during early customer discovery? What about Deeptech products that take time? What about the data of many succesfull companies that took many months, even years before launching publically, eg, OpenAI? I understand the value in launching as soon as you can have something functionnal packaged, but 2 months as a general rule? What if through discovery you decide to change product altogether? What should you do then, cancel the first one? Maintain it? Some say, "Timing the market is everything," while others argue, "It is impossible to time it." Both perspectives hold truth. While a company like Apple makes headlines with every misstep, a startup often goes unnoticedâlike a tree falling in an empty forest. The key takeaway? Don't overburden yourself, striving for perfection in your initial release. Early adopters are generally forgiving. Having worked with two promising startups, I witnessed firsthand the consequences of excessive R&D at the expense of customer acquisition. Despite our products being loved by users and boasting cutting-edge technology, we ultimately lost funding. Today, with the advancements in AI, those startups could have potentially transformed into multi-billion dollar enterprises. The lesson is clear: Launch sooner, learn faster, and adapt. The market rewards those who take calculated risks and prioritize customer engagement over perfection. he screwed my startup shitFast is wild đ€Ł stuff like this is definitely a huge problem with digital products though, fix for this would be a billion dollar company, whos building this? ## video editing and youtube strategies THIS mistake cost me $1600 Hey Marc , really nice video ! I was wondering if I could help you with more Quality Editing in your videos and also make a highly engaging Thumbnail and also help you with the overall youtube strategy and growth ! Pls let me know what do you think ? ## logo creation My Next $1M SaaS Hey Marc trying to find the vid where you show how you make logos with canva. If you remember which it is from and you see this, could you please let me know đ ## video editing and production THIS mistake cost me $1600 Hey Marc , really nice video ! I was wondering if I could help you with more Quality Editing in your videos and also make a highly engaging Thumbnail and also help you with the overall youtube strategy and growth ! Pls let me know what do you think ? ## logo creation with canva My Next $1M SaaS Hey Marc trying to find the vid where you show how you make logos with canva. If you remember which it is from and you see this, could you please let me know đ ## transactional model Startup Business Models and Pricing - Startup School We developed a POW layer 1 blockchain prototype designed especially for sending wallet-to-wallet messages, which allows users to mine tokens from the browser, where we charge a fee for each message sent, but this fee arrives in our prototype governance token. which has no value. Would this be a transactional model? although the token has no value yet. Or would this be technical innovation? ## freemium model Startup Business Models and Pricing - Startup School What model would âfreemiumâ products count as? ## customer validation How To Price For B2B - Startup School Another question, any tips on how to negotiate the validation? In most cases big clients don't want their logon on the homepage of the products they use. ## trial periods How To Price For B2B - Startup School The very right approach is to start with value, not price. At JetSoftPro, a software development service, we work closely with startups, and the question of the trial period and when it will really play as an advantage is one of the most difficult ## competitive pricing How To Price For B2B - Startup School Can you expand more about what you mean by losing 25% of your customers to competitors? we should keep lowering our prices until we only lose 25% to our competitors? ## learning vs. building THIS mistake cost me $1600 Hi, Marc! I have one question for you. What is better: building my own projects with current knowledge (even if I'll make lots of bad decisions in terms of realizing features) or completing courses first, and only after that moment start to build. ## video production he screwed my startup very cool Marc! Out of curiosity: what camera and editing software did you use to produce this video? ## react query THIS mistake cost me $1600 Do you use tanstack/react query ? ## community engagement THIS mistake cost me $1600 Hey, why don't you have a Discord server? I think it would be a great way for this community to come together ## value-based pricing How To Price For B2B - Startup School The very right approach is to start with value, not price. At JetSoftPro, a software development service, we work closely with startups, and the question of the trial period and when it will really play as an advantage is one of the most difficult Very interesting Tom. Thanks for sharing. I have one question about the value equation: you mentioned that you need to clearly define the equation with your champion and then charge roughly 1/3 of the value the clients receive. Do you disclose this directly to the champion (i.e. "you keep 2/3 and we keep 1/3"), or do you just present it as a price (in your example $ 700k)? If you choose the latter and later find that the value they get after the pilot is much higher, how would you go about raising the price then? ## hiring qa specialist My Next $1M SaaS Great video as always :). Have you ever considered to hire a QA specialist to test all of your apps? ## deployment tools How I Find $50K/Month Business Ideas I wonder what the initial cost is to deploy a project on production. Of course, starting with your magic tool "ship fast" ;) ## shirt My Next $1M SaaS Whats that shirt from? So nice ## transactional business model pricing How To Price For B2B - Startup School How do you price your service if your business model is transactional ? ## content language BEST DECISION OF MY LIFE Salut Marc ! Mille mercis pour ton contenu trĂšs inspirant. Ta vidĂ©o est vraiment gĂ©nial. Est-ce que tu produit du contenu en français ? MĂȘme si je comprends trĂšs bien l'anglais, c'est toujours plus agrĂ©able de consommer du contenu dans sa langue maternelle. En espĂ©rant que tu es en train de surfer Ă l'heure qu'il est. ## community building THIS mistake cost me $1600 Hey, why don't you have a Discord server? I think it would be a great way for this community to come together ## oura ring and sleep problems BEST DECISION OF MY LIFE You put back the Oura on ? I though it gives you sleep problems⊠I have huge sleep problem. I also have one but that doesnât help much.Maybe itâs a dev entrepreneurial thing idk. Always thinking and having so many ideas ## examples of non-scalable actions Startup Experts Discuss Doing Things That Don't Scale What's something you've done at your own startup that is a good example of "doing things that don't scale"? ## apple's business model Startup Business Models and Pricing - Startup School What is the business model of Apple according to the nine business models? What type of business model does apple have according to the nine business models explained in the video? ## tarpit idea assessment Tarpit Ideas: The Sequel Oh and also, can you tell me if my startup idea is a tarpit? I'm making a copilot for letting you know when it's time to buy printer ink đ My idea is to solve tenant-landlord problems at the scale of mid-sized rental companies that have approximately a few hundred tenants. My company will help these mid-sized landlord groups register as a REIT and issue shares, which they will then reward to tenants in exchange for on-time rental payment. Tenants are usually managed only by negative reinforcement, if they damage the property, they lose their security deposit, and that's it. But with shares of ownership, even a tiny fraction, the tenant will get to experience the ownership incentive, and this will lead to reduced damages, increased on-time payments, and help meet the requirement of having 100 different shareholders for the tax-advantages of the REIT structure. Anybody want to steal this idea or work with me on this? Or is this a tar-pit idea? ## startup scaling tools Startup Experts Discuss Doing Things That Don't Scale Scaling a startup comes with its own set of unique challenges. From managing growing teams to ensuring product quality and delivery speed, there are many hurdles to overcome. Has anyone used tools like monday dev to help manage these challenges? Specifically, I'm interested in features like automations. How effective have these tools been for you in scaling your startup? ## startup sustainability Tarpit Ideas: The Sequel A tarpit idea can become a decent idea all of a sudden if there is demand on the consumer side. Few years ago(in 2015) I wanted to start a company that conducts mock interviews for people looking to prepare(India). I saw that a lot of people have earlier started such companies, some were B2B (conduct screening interviews for other companies) and some were B2C. None of them were making much money, some got shutdown. But, a lot of pay after placement kind of edtech startups came in 2020, heavily funded, They needed mock interviews for their students so that they can get them placed asap. And then these mock interview prep companies started making decent money. Same is the case with mental health startups in India or other countries where the consumers are not interested in paying for a solution, either group therapy or therapy or medications to manage their issues. ## startup market trends Tarpit Ideas: The Sequel 6:56 Michael I'm not sure how this example demonstrates how new tech (in this case GenAI) is now making previously unviable ideas more viable? Is there a palpable/profitable demand for computer generated podcast content? Or a problem this is actually solving? Couldn't someone have just typed up a summary of a research paper or a scripted topic and had good text-to-voice software make it sound like a podcast 5 years ago? Personally I feel like most people loyally listen to podcasts more for the host & guest (human) personalities/humor/opinions/etc. I wish you guys would've used this topic to share your perspectives on how GenAI-centric startups right now may actually have parallels to tarpit pitfalls. As someone who is actually working with GenAI tech, I'm feeling more and more every day that the "AI is the hammer and everything is a nail" mentality is still running rampant in businesses, but for many use cases, the jury is still out on whether the revenue or productivity gains are anywhere near the costs. đ€ ## real estate tech innovations Tarpit Ideas: The Sequel My idea is to solve tenant-landlord problems at the scale of mid-sized rental companies that have approximately a few hundred tenants. My company will help these mid-sized landlord groups register as a REIT and issue shares, which they will then reward to tenants in exchange for on-time rental payment. Tenants are usually managed only by negative reinforcement, if they damage the property, they lose their security deposit, and that's it. But with shares of ownership, even a tiny fraction, the tenant will get to experience the ownership incentive, and this will lead to reduced damages, increased on-time payments, and help meet the requirement of having 100 different shareholders for the tax-advantages of the REIT structure. Anybody want to steal this idea or work with me on this? Or is this a tar-pit idea? ## non-scalable actions in startups Startup Experts Discuss Doing Things That Don't Scale How can i get Letter of intent if im working on hard tech?Are LOIs part of doing things that dont scale? ## historical data of successful companies Why Startup Founders Should Launch Companies Sooner Than They Think What about not knowing yet what to develop and launch during early customer discovery? What about Deeptech products that take time? What about the data of many succesfull companies that took many months, even years before launching publically, eg, OpenAI? I understand the value in launching as soon as you can have something functionnal packaged, but 2 months as a general rule? What if through discovery you decide to change product altogether? What should you do then, cancel the first one? Maintain it? ## technical innovation Startup Business Models and Pricing - Startup School We developed a POW layer 1 blockchain prototype designed especially for sending wallet-to-wallet messages, which allows users to mine tokens from the browser, where we charge a fee for each message sent, but this fee arrives in our prototype governance token. which has no value. Would this be a transactional model? although the token has no value yet. Or would this be technical innovation? ## future of coding Tarpit Ideas: The Sequel Dalton and Michael, what are your thoughts about the future of coding? ## market demand Tarpit Ideas: The Sequel A tarpit idea can become a decent idea all of a sudden if there is demand on the consumer side. Few years ago(in 2015) I wanted to start a company that conducts mock interviews for people looking to prepare(India). I saw that a lot of people have earlier started such companies, some were B2B (conduct screening interviews for other companies) and some were B2C. None of them were making much money, some got shutdown. But, a lot of pay after placement kind of edtech startups came in 2020, heavily funded, They needed mock interviews for their students so that they can get them placed asap. And then these mock interview prep companies started making decent money. Same is the case with mental health startups in India or other countries where the consumers are not interested in paying for a solution, either group therapy or therapy or medications to manage their issues. ## technology evolution impact Tarpit Ideas: The Sequel 6:56 Michael I'm not sure how this example demonstrates how new tech (in this case GenAI) is now making previously unviable ideas more viable? Is there a palpable/profitable demand for computer generated podcast content? Or a problem this is actually solving? Couldn't someone have just typed up a summary of a research paper or a scripted topic and had good text-to-voice software make it sound like a podcast 5 years ago? Personally I feel like most people loyally listen to podcasts more for the host & guest (human) personalities/humor/opinions/etc. I wish you guys would've used this topic to share your perspectives on how GenAI-centric startups right now may actually have parallels to tarpit pitfalls. As someone who is actually working with GenAI tech, I'm feeling more and more every day that the "AI is the hammer and everything is a nail" mentality is still running rampant in businesses, but for many use cases, the jury is still out on whether the revenue or productivity gains are anywhere near the costs. đ€ ## deep tech products Why Startup Founders Should Launch Companies Sooner Than They Think What about not knowing yet what to develop and launch during early customer discovery? What about Deeptech products that take time? What about the data of many succesfull companies that took many months, even years before launching publically, eg, OpenAI? I understand the value in launching as soon as you can have something functionnal packaged, but 2 months as a general rule? What if through discovery you decide to change product altogether? What should you do then, cancel the first one? Maintain it? ## blockchain business model Startup Business Models and Pricing - Startup School We developed a POW layer 1 blockchain prototype designed especially for sending wallet-to-wallet messages, which allows users to mine tokens from the browser, where we charge a fee for each message sent, but this fee arrives in our prototype governance token. which has no value. Would this be a transactional model? although the token has no value yet. Or would this be technical innovation? ## market analysis My Next $1M SaaS me guessing your saas idea: a google analytics killer - you use it - it's for solopreneurs who you care about - it's a painkiller (not a vitamin) ## lending business model Startup Business Models and Pricing - Startup School Where does lending business fall into ## cost-based pricing How To Price For B2B - Startup School Is there a benefit in pricing relating to cost now that AI is having more impact on the ability to reduce operations cost? Say the product is aimed at SMBs, with the goal being to obtain a high volume of these customers and largely keep them to a zero to very low touch, then does it make sense to set prices at "no brainer" levels and have those dictated largely by costs? ## market segmentation How To Price For B2B - Startup School Early stage startup shouldnât be selling $700K enterprise software. Enterprise doesnât just buy the product, they buy support, training, customization, and stability of the product, early stage startup canât provide that. Start with lower market then go up from there. ## enterprise software sales How To Price For B2B - Startup School Early stage startup shouldnât be selling $700K enterprise software. Enterprise doesnât just buy the product, they buy support, training, customization, and stability of the product, early stage startup canât provide that. Start with lower market then go up from there. ## communication of pricing How To Price For B2B - Startup School Very interesting Tom. Thanks for sharing. I have one question about the value equation: you mentioned that you need to clearly define the equation with your champion and then charge roughly 1/3 of the value the clients receive. Do you disclose this directly to the champion (i.e. "you keep 2/3 and we keep 1/3"), or do you just present it as a price (in your example $ 700k)? If you choose the latter and later find that the value they get after the pilot is much higher, how would you go about raising the price then? ## sales targeting Enterprise Sales - Startup School This was a great video, I really enjoyed watching it. If you have a product where the person experiencing the problem everyday and searching for a solution is a lower level employee who must have approval from the higher ups to purchase new software, do you do cold outreach to them or to their higher ups? ## cold outreach Enterprise Sales - Startup School This was a great video, I really enjoyed watching it. If you have a product where the person experiencing the problem everyday and searching for a solution is a lower level employee who must have approval from the higher ups to purchase new software, do you do cold outreach to them or to their higher ups? ## support and training How To Price For B2B - Startup School Early stage startup shouldnât be selling $700K enterprise software. Enterprise doesnât just buy the product, they buy support, training, customization, and stability of the product, early stage startup canât provide that. Start with lower market then go up from there. ## learning vs experience THIS mistake cost me $1600 Hi, Marc! I have one question for you. What is better: building my own projects with current knowledge (even if I'll make lots of bad decisions in terms of realizing features) or completing courses first, and only after that moment start to build. ## adjusting pricing based on pilot outcomes How To Price For B2B - Startup School Very interesting Tom. Thanks for sharing. I have one question about the value equation: you mentioned that you need to clearly define the equation with your champion and then charge roughly 1/3 of the value the clients receive. Do you disclose this directly to the champion (i.e. "you keep 2/3 and we keep 1/3"), or do you just present it as a price (in your example $ 700k)? If you choose the latter and later find that the value they get after the pilot is much higher, how would you go about raising the price then? ## immediate price inquiry response How To Price For B2B - Startup School What do you do when a prospect emails you what is the price so we can decide if we want to try it or not? ## product pivoting Why Startup Founders Should Launch Companies Sooner Than They Think What about not knowing yet what to develop and launch during early customer discovery? What about Deeptech products that take time? What about the data of many succesfull companies that took many months, even years before launching publically, eg, OpenAI? I understand the value in launching as soon as you can have something functionnal packaged, but 2 months as a general rule? What if through discovery you decide to change product altogether? What should you do then, cancel the first one? Maintain it? ## startup ideas he screwed my startup shitFast is wild đ€Ł stuff like this is definitely a huge problem with digital products though, fix for this would be a billion dollar company, whos building this? ## artificial intelligence Tarpit Ideas: The Sequel AI travel companion itinerary maker - still Tarpit ?? 6:56 Michael I'm not sure how this example demonstrates how new tech (in this case GenAI) is now making previously unviable ideas more viable? Is there a palpable/profitable demand for computer generated podcast content? Or a problem this is actually solving? Couldn't someone have just typed up a summary of a research paper or a scripted topic and had good text-to-voice software make it sound like a podcast 5 years ago? Personally I feel like most people loyally listen to podcasts more for the host & guest (human) personalities/humor/opinions/etc. I wish you guys would've used this topic to share your perspectives on how GenAI-centric startups right now may actually have parallels to tarpit pitfalls. As someone who is actually working with GenAI tech, I'm feeling more and more every day that the "AI is the hammer and everything is a nail" mentality is still running rampant in businesses, but for many use cases, the jury is still out on whether the revenue or productivity gains are anywhere near the costs. đ€ ## legal technology Tarpit Ideas: The Sequel I'm working on a legal defense strategy co-pilot for presidential candidates and ex-presidents. Tarpit idea? ## music discovery innovations Tarpit Ideas: The Sequel Love these videos! Iâm working on a music discovery app - I feel tech has changed and I have twists that make it âno longer a tarpitâ (but isnât that what they all say?). Hmu if anyoneâs interested in a Zoom demo, please help change my mind :) Email in bio ## ip protection Tarpit Ideas: The Sequel Hey everyone, I wanted to emphasize the importance of NDAs and IP filings before sharing ideas. Recently, I noticed some startup advice suggesting not to require an NDA signed before sharing your pitch, claiming it would deter interest. However, this can be extremely risky! As a struggling single mom of three/inventor in technology, I had my former 'senior advisor' (who was already a multi-millionaire) sign an NDA when disclosing my idea, thank God. Seven years after my invention/start-up venture started, I found out that he was building my business model out with a major bank who bought my invention/business model for almost $100 million! Unfortunately, he was a secret enemy who kept himself close in order to gain access to my technology (aka Corporate espionage) Do NOT give your ideas freely! Your ideas take THOUGHT POWER! A lot of people are too dumb to think, so they look for smart, creative people to do it for them, but the only difference is that they have money and the connections to make YOUR idea/concept happen. These types should be held LEGALLY accountable! Lesson: NDA'S, Copyright, and file IP. Then you have a case;) ## non-disclosure agreements (nda) Why Startup Founders Should Launch Companies Sooner Than They Think Hey everyone, I wanted to emphasize the importance of NDAs and IP filings before sharing ideas. Recently, I noticed some startup advice suggesting not to require an NDA signed before sharing your pitch, claiming it would deter interest. However, this can be extremely risky! As a struggling single mom of three/inventor in technology, I had my former 'senior advisor' (who was already a multi-millionaire) sign an NDA when disclosing my idea, thank God. Seven years after my invention/start-up I found out that he was building my business model out with a major bank who bought my invention/business model for almost $100 million! Do NOT give your ideas freely! Your ideas take THOUGHT POWER! A lot of people are too dumb to think, so they look for smart, creative people to do it for them, but the only difference is that they have money and the connections to make YOUR idea/concept happen. These types should be held LEGALLY accountable! Lesson: NDA'S, Copyright, and file IP. Then you have a case;) ## minimum viable product (mvp) Why Startup Founders Should Launch Companies Sooner Than They Think Also sometimes the problem is that i can't dedicate enough time for product cause haven't free time, maybe i need to quit my job and do my thing. It was super interesting point of view, love it: Quotes ''founder often find reasons to launch later because they are afraid'', ''focus on building something 100 people love'', ''when you are super small with the jankiest mvp you should absolutely launch''. ## corporate espionage Tarpit Ideas: The Sequel Hey everyone, I wanted to emphasize the importance of NDAs and IP filings before sharing ideas. Recently, I noticed some startup advice suggesting not to require an NDA signed before sharing your pitch, claiming it would deter interest. However, this can be extremely risky! As a struggling single mom of three/inventor in technology, I had my former 'senior advisor' (who was already a multi-millionaire) sign an NDA when disclosing my idea, thank God. Seven years after my invention/start-up venture started, I found out that he was building my business model out with a major bank who bought my invention/business model for almost $100 million! Unfortunately, he was a secret enemy who kept himself close in order to gain access to my technology (aka Corporate espionage) Do NOT give your ideas freely! Your ideas take THOUGHT POWER! A lot of people are too dumb to think, so they look for smart, creative people to do it for them, but the only difference is that they have money and the connections to make YOUR idea/concept happen. These types should be held LEGALLY accountable! Lesson: NDA'S, Copyright, and file IP. Then you have a case;) ## concept clarification Tarpit Ideas: The Sequel Must say that this video was too conversational for me with too little structure. The problem why friends of mine are confused about tarpit ideas is because it's unclear how to identify them. This video was more of a "heres another vague definition and lets add a bunch of qualifying factors to it for 10 min" ## novelty projects Tarpit Ideas: The Sequel Iâm working on an airline for penguins so they can finally fly. Is this a tarpit idea ? đ§ ## digital product issues he screwed my startup shitFast is wild đ€Ł stuff like this is definitely a huge problem with digital products though, fix for this would be a billion dollar company, whos building this? ## conflict of interest in investment Why Startup Founders Should Launch Companies Sooner Than They Think Hopefully everybody watching these videos understands that Y Combinator has a conflict of interest; in that they are investors, so they burn their own cash the longer it takes their portfolio companies to launch. The conflict is in that fact that they participate in the upside, regardless, but very rarely, and to a much lesser extent, share the same downside of a founder, if and when there's a premature launch. ## intellectual property (ip) protection Why Startup Founders Should Launch Companies Sooner Than They Think Hey everyone, I wanted to emphasize the importance of NDAs and IP filings before sharing ideas. Recently, I noticed some startup advice suggesting not to require an NDA signed before sharing your pitch, claiming it would deter interest. However, this can be extremely risky! As a struggling single mom of three/inventor in technology, I had my former 'senior advisor' (who was already a multi-millionaire) sign an NDA when disclosing my idea, thank God. Seven years after my invention/start-up I found out that he was building my business model out with a major bank who bought my invention/business model for almost $100 million! Do NOT give your ideas freely! Your ideas take THOUGHT POWER! A lot of people are too dumb to think, so they look for smart, creative people to do it for them, but the only difference is that they have money and the connections to make YOUR idea/concept happen. These types should be held LEGALLY accountable! Lesson: NDA'S, Copyright, and file IP. Then you have a case;) ## tech-heavy vs tech-lite startups Why Startup Founders Should Launch Companies Sooner Than They Think This advice seems apt for B2C tech-lite startups. Tech-heavy B2B is a different arena. ## timing the market Why Startup Founders Should Launch Companies Sooner Than They Think Some say, "Timing the market is everything," while others argue, "It is impossible to time it." Both perspectives hold truth. While a company like Apple makes headlines with every misstep, a startup often goes unnoticedâlike a tree falling in an empty forest. The key takeaway? Don't overburden yourself, striving for perfection in your initial release. Early adopters are generally forgiving. Having worked with two promising startups, I witnessed firsthand the consequences of excessive R&D at the expense of customer acquisition. Despite our products being loved by users and boasting cutting-edge technology, we ultimately lost funding. Today, with the advancements in AI, those startups could have potentially transformed into multi-billion dollar enterprises. The lesson is clear: Launch sooner, learn faster, and adapt. The market rewards those who take calculated risks and prioritize customer engagement over perfection. ## hiring My Next $1M SaaS Great video as always :). Have you ever considered to hire a QA specialist to test all of your apps? ## content in french BEST DECISION OF MY LIFE Salut Marc ! Mille mercis pour ton contenu trĂšs inspirant. Ta vidĂ©o est vraiment gĂ©nial. Est-ce que tu produit du contenu en français ? MĂȘme si je comprends trĂšs bien l'anglais, c'est toujours plus agrĂ©able de consommer du contenu dans sa langue maternelle. En espĂ©rant que tu es en train de surfer Ă l'heure qu'il est. ## unresolved narrative he screwed my startup Did I miss something or did you never reveal what your father in law said in the beginning
Youtube Comments Thing 2
How To Price For B2B - Startup School Can you expand more about what you mean by losing 25% of your customers to competitors? we should keep lowering our prices until we only lose 25% to our competitors? -- Topics: competitor analysis, price optimization Is there a benefit in pricing relating to cost now that AI is having more impact on the ability to reduce operations cost? Say the product is aimed at SMBs, with the goal being to obtain a high volume of these customers and largely keep them to a zero to very low touch, then does it make sense to set prices at "no brainer" levels and have those dictated largely by costs? -- Topics: cost-based pricing, market penetration pricing How do you price your service if your business model is transactional ? -- Topics: transactional business model pricing Tom, thank you for such a concise video. My question what to do with clients who for years are using the product but for very small price. Should we renegotiate the contract and increase the price or it's better not to do anything with them? -- Topics: contract renegotiation, pricing strategy Very interesting Tom. Thanks for sharing. I have one question about the value equation: you mentioned that you need to clearly define the equation with your champion and then charge roughly 1/3 of the value the clients receive. Do you disclose this directly to the champion (i.e. "you keep 2/3 and we keep 1/3"), or do you just present it as a price (in your example $ 700k)? If you choose the latter and later find that the value they get after the pilot is much higher, how would you go about raising the price then? -- Topics: value-based pricing, price adjustment What do you do when a prospect emails you what is the price so we can decide if we want to try it or not? -- Topics: initial pricing communication That's pretty cool thank you, it would be nice to learn about the projection for pricing in the long term when you start to scale up. -- Topics: long-term pricing strategy Another question, any tips on how to negotiate the validation? In most cases big clients don't want their logon on the homepage of the products they use. -- Topics: negotiation techniques, client validation Startup Business Models and Pricing - Startup School What is the business model of Apple according to the nine business models? -- Topics: apple's business model What type of business model does apple have according to the nine business models explained in the video? -- Topics: apple's business model We developed a POW layer 1 blockchain prototype designed especially for sending wallet-to-wallet messages, which allows users to mine tokens from the browser, where we charge a fee for each message sent, but this fee arrives in our prototype governance token. which has no value. Would this be a transactional model? although the token has no value yet. Or would this be technical innovation? -- Topics: transactional model, technical innovation Where does lending business fall into -- Topics: lending business model What model would âfreemiumâ products count as? -- Topics: freemium model Is he an AI avatar or something? -- Topics: Read the business model guide here: https://www.ycombinator.com/library/Gh-business-model-guide Which of the nine models does your startup use? -- Topics: business models Tarpit Ideas: The Sequel My idea is to solve tenant-landlord problems at the scale of mid-sized rental companies that have approximately a few hundred tenants. My company will help these mid-sized landlord groups register as a REIT and issue shares, which they will then reward to tenants in exchange for on-time rental payment. Tenants are usually managed only by negative reinforcement, if they damage the property, they lose their security deposit, and that's it. But with shares of ownership, even a tiny fraction, the tenant will get to experience the ownership incentive, and this will lead to reduced damages, increased on-time payments, and help meet the requirement of having 100 different shareholders for the tax-advantages of the REIT structure. Anybody want to steal this idea or work with me on this? Or is this a tar-pit idea? -- Topics: startup idea validation, real estate investment trust (reit) I'm working on a legal defense strategy co-pilot for presidential candidates and ex-presidents. Tarpit idea? -- Topics: startup idea evaluation Oh and also, can you tell me if my startup idea is a tarpit? I'm making a copilot for letting you know when it's time to buy printer ink đ -- Topics: startup evaluation Iâm working on an airline for penguins so they can finally fly. Is this a tarpit idea ? đ§ -- Topics: startup concept feedback AI travel companion itinerary maker - still Tarpit ?? -- Topics: startup viability Dalton and Michael, what are your thoughts about the future of coding? -- Topics: future of coding 6:56 Michael I'm not sure how this example demonstrates how new tech (in this case GenAI) is now making previously unviable ideas more viable? Is there a palpable/profitable demand for computer generated podcast content? Or a problem this is actually solving? Couldn't someone have just typed up a summary of a research paper or a scripted topic and had good text-to-voice software make it sound like a podcast 5 years ago? Personally I feel like most people loyally listen to podcasts more for the host & guest (human) personalities/humor/opinions/etc. I wish you guys would've used this topic to share your perspectives on how GenAI-centric startups right now may actually have parallels to tarpit pitfalls. As someone who is actually working with GenAI tech, I'm feeling more and more every day that the "AI is the hammer and everything is a nail" mentality is still running rampant in businesses, but for many use cases, the jury is still out on whether the revenue or productivity gains are anywhere near the costs. đ€ -- Topics: genai viability, technological advancement in ai, ai in business What about BeliâŠ? -- Topics: THIS mistake cost me $1600 Hey marc,Don't have any jsx OR tsx file in your project? - -- Topics: Hi, Marc! I have one question for you. What is better: building my own projects with current knowledge (even if I'll make lots of bad decisions in terms of realizing features) or completing courses first, and only after that moment start to build. -- Topics: learning vs. building Do you use tanstack/react query ? -- Topics: technology stack Hey, why don't you have a Discord server? I think it would be a great way for this community to come together -- Topics: community engagement Hi I am a big fan of your work. First of all, I wanted to compliment you on your content: it is always very helpful and well-done, and the way you share your knowledge is truly inspiring. I am also a developer and have created several SaaS applications, but unfortunately, I am having trouble monetizing them. I can't seem to find any customers, and I'm not sure how to best market my products. I was wondering if you could give me some advice on the marketing side: how did you find your first customers, and what strategies did you use to promote your applications? Any tips would be greatly appreciated. Thank you so much for your time and for the work you do. I will continue to follow you with great interest! -- Topics: marketing strategies, customer acquisition How I Find $50K/Month Business Ideas Great physic bro đ. Bro do you yourself edit your videos? ok building a startup, but how do you get time to make videos? i want to build a channel like you. can you give advice, or do you have a video on that? I'm doing my business but not time for youtube( -- Topics: time management for youtube channels and startups, video editing process How do you maintain such energy and motivation bro đźđ -- Topics: energy and motivation maintenance Great video once again Marc! I love the way you edit your videos, bro. Can you share some sources for video editing that you based your videos on? -- Topics: video editing sources im so confused!!! someone tell me she is from japan or korea?? -- Topics: one pop 'cause u were "selling shovels during gold rush" . so find another goldrush and sell them shovels. I wonder if there are more business proverbs like this "selling shovels during gold rush" ? đ -- Topics: business proverbs What do you think is the best MacBook to start Programming at the Moment ? -- Topics: best macbook for programming I wonder what the initial cost is to deploy a project on production. Of course, starting with your magic tool "ship fast" ;) -- Topics: project deployment costs Startup Experts Discuss Doing Things That Don't Scale How can i get Letter of intent if im working on hard tech?Are LOIs part of doing things that dont scale? -- Topics: letters of intent (lois), non-scalable strategies Scaling a startup comes with its own set of unique challenges. From managing growing teams to ensuring product quality and delivery speed, there are many hurdles to overcome. Has anyone used tools like monday dev to help manage these challenges? Specifically, I'm interested in features like automations. How effective have these tools been for you in scaling your startup? -- Topics: scaling challenges, productivity tools I want to create a startup that requires no app. Thoughts? -- Topics: alternative startup models What's something you've done at your own startup that is a good example of "doing things that don't scale"? -- Topics: Youtube Comments Thing 3
How To Price For B2B - Startup School Can you expand more about what you mean by losing 25% of your customers to competitors? we should keep lowering our prices until we only lose 25% to our competitors? -- Topics: competitor analysis, price optimization -- Parent Topics: market analysis, customer retention, pricing strategy, marketing strategy, revenue management, economic theory Is there a benefit in pricing relating to cost now that AI is having more impact on the ability to reduce operations cost? Say the product is aimed at SMBs, with the goal being to obtain a high volume of these customers and largely keep them to a zero to very low touch, then does it make sense to set prices at "no brainer" levels and have those dictated largely by costs? -- Topics: cost-based pricing, market penetration pricing -- Parent Topics: pricing strategies, artificial intelligence in business, small and medium-sized enterprises (smes) marketing, marketing principles, small and medium-sized business operations How do you price your service if your business model is transactional ? -- Topics: transactional business model pricing -- Parent Topics: pricing strategies, business models, e-commerce Tom, thank you for such a concise video. My question what to do with clients who for years are using the product but for very small price. Should we renegotiate the contract and increase the price or it's better not to do anything with them? -- Topics: contract renegotiation, pricing strategy -- Parent Topics: business strategy, sales and marketing, contracts and legal agreements, business Very interesting Tom. Thanks for sharing. I have one question about the value equation: you mentioned that you need to clearly define the equation with your champion and then charge roughly 1/3 of the value the clients receive. Do you disclose this directly to the champion (i.e. "you keep 2/3 and we keep 1/3"), or do you just present it as a price (in your example $ 700k)? If you choose the latter and later find that the value they get after the pilot is much higher, how would you go about raising the price then? -- Topics: value-based pricing, price adjustment -- Parent Topics: pricing strategies, marketing, consumer behavior, sales techniques, business negotiation What do you do when a prospect emails you what is the price so we can decide if we want to try it or not? -- Topics: initial pricing communication -- Parent Topics: sales techniques, marketing communication, pricing strategy That's pretty cool thank you, it would be nice to learn about the projection for pricing in the long term when you start to scale up. -- Topics: long-term pricing strategy -- Parent Topics: business strategy, marketing, pricing analysis Another question, any tips on how to negotiate the validation? In most cases big clients don't want their logon on the homepage of the products they use. -- Topics: negotiation techniques, client validation -- Parent Topics: business communication, conflict resolution, sales and marketing, marketing strategy, client relations, business endorsements Enterprise Sales - Startup School Is Founding Sales free onilne? Can anyone point me to the pdf / site? -- Topics: access to resources -- Parent Topics: open educational resources, business literature, digital libraries This was a great video, I really enjoyed watching it. If you have a product where the person experiencing the problem everyday and searching for a solution is a lower level employee who must have approval from the higher ups to purchase new software, do you do cold outreach to them or to their higher ups? -- Topics: sales outreach, decision-making hierarchy -- Parent Topics: b2b sales strategies, sales funnel management, influencer mapping in sales, business sales, organizational behavior, marketing Link to free Founding Sales book? -- Topics: access to resources -- Parent Topics: open educational resources, business literature, digital libraries Really nice information. Thanks for sharing. But then, about not showing them your product on the first call. If you're selling to lawyers for example whose time is really valuable and change clients by the hour. How easy would it be to book a 2nd call with them when you only managed to book the first call (especially when you hadn't shown them the product yet in the 1st call)? -- Topics: sales strategy, client time management -- Parent Topics: business, client management, professional services, time management Startup Business Models and Pricing - Startup School What is the business model of Apple according to the nine business models? -- Topics: business model of apple -- Parent Topics: technology business models, corporate strategy, consumer electronics industry What type of business model does apple have according to the nine business models explained in the video? -- Topics: business model of apple -- Parent Topics: technology business models, corporate strategy, consumer electronics industry We developed a POW layer 1 blockchain prototype designed especially for sending wallet-to-wallet messages, which allows users to mine tokens from the browser, where we charge a fee for each message sent, but this fee arrives in our prototype governance token. which has no value. Would this be a transactional model? although the token has no value yet. Or would this be technical innovation? -- Topics: transactional model, technical innovation -- Parent Topics: business models, e-commerce, marketing strategies, information technology, business innovation, emerging technologies Where does lending business fall into -- Topics: lending business model -- Parent Topics: finance, credit markets, banking sector What model would âfreemiumâ products count as? -- Topics: freemium model -- Parent Topics: business models, marketing strategies, software distribution Tarpit Ideas: The Sequel My idea is to solve tenant-landlord problems at the scale of mid-sized rental companies that have approximately a few hundred tenants. My company will help these mid-sized landlord groups register as a REIT and issue shares, which they will then reward to tenants in exchange for on-time rental payment. Tenants are usually managed only by negative reinforcement, if they damage the property, they lose their security deposit, and that's it. But with shares of ownership, even a tiny fraction, the tenant will get to experience the ownership incentive, and this will lead to reduced damages, increased on-time payments, and help meet the requirement of having 100 different shareholders for the tax-advantages of the REIT structure. Anybody want to steal this idea or work with me on this? Or is this a tar-pit idea? -- Topics: startup idea validation, real estate investment trust (reit) -- Parent Topics: entrepreneurship, innovation management, business strategy, real estate investing, commercial real estate, financial markets I'm working on a legal defense strategy co-pilot for presidential candidates and ex-presidents. Tarpit idea? -- Topics: startup idea evaluation -- Parent Topics: entrepreneurship, business development, innovation management Oh and also, can you tell me if my startup idea is a tarpit? I'm making a copilot for letting you know when it's time to buy printer ink đ -- Topics: startup evaluation -- Parent Topics: business Iâm working on an airline for penguins so they can finally fly. Is this a tarpit idea ? đ§ -- Topics: startup concept feedback -- Parent Topics: business innovation, startup ecosystem, market analysis AI travel companion itinerary maker - still Tarpit ?? -- Topics: startup viability -- Parent Topics: entrepreneurship, business strategy, innovation management Dalton and Michael, what are your thoughts about the future of coding? -- Topics: future of coding -- Parent Topics: software development trends, educational technology, information technology 6:56 Michael I'm not sure how this example demonstrates how new tech (in this case GenAI) is now making previously unviable ideas more viable? Is there a palpable/profitable demand for computer generated podcast content? Or a problem this is actually solving? Couldn't someone have just typed up a summary of a research paper or a scripted topic and had good text-to-voice software make it sound like a podcast 5 years ago? Personally I feel like most people loyally listen to podcasts more for the host & guest (human) personalities/humor/opinions/etc. I wish you guys would've used this topic to share your perspectives on how GenAI-centric startups right now may actually have parallels to tarpit pitfalls. As someone who is actually working with GenAI tech, I'm feeling more and more every day that the "AI is the hammer and everything is a nail" mentality is still running rampant in businesses, but for many use cases, the jury is still out on whether the revenue or productivity gains are anywhere near the costs. đ€ -- Topics: genai viability, technological advancement in ai, ai in business -- Parent Topics: artificial intelligence, content creation, technology adoption, emerging technologies, technology innovation, startup ecosystem, business innovation What about BeliâŠ? -- Topics: ?? -- Parent Topics: ?? THIS mistake cost me $1600 Hi, Marc! I have one question for you. What is better: building my own projects with current knowledge (even if I'll make lots of bad decisions in terms of realizing features) or completing courses first, and only after that moment start to build. -- Topics: skill development vs. practical experience -- Parent Topics: education and career development, learning methodologies, workplace skills Do you use tanstack/react query ? -- Topics: technology stack -- Parent Topics: web development, software development tools, frontend technologies Hey, why don't you have a Discord server? I think it would be a great way for this community to come together -- Topics: community building -- Parent Topics: online community management, social media platforms, audience engagement Hi I am a big fan of your work. First of all, I wanted to compliment you on your content: it is always very helpful and well-done, and the way you share your knowledge is truly inspiring. I am also a developer and have created several SaaS applications, but unfortunately, I am having trouble monetizing them. I can't seem to find any customers, and I'm not sure how to best market my products. I was wondering if you could give me some advice on the marketing side: how did you find your first customers, and what strategies did you use to promote your applications? Any tips would be greatly appreciated. Thank you so much for your time and for the work you do. I will continue to follow you with great interest! -- Topics: marketing strategies -- Parent Topics: business strategy, digital marketing, sales and marketing, business How I Find $50K/Month Business Ideas Great physic bro đ. Bro do you yourself edit your videos? ok building a startup, but how do you get time to make videos? i want to build a channel like you. can you give advice, or do you have a video on that? I'm doing my business but not time for youtube( -- Topics: video editing, time management for youtube, advice for youtube channel -- Parent Topics: digital media production, film and media studies, technology and computing, content creation, entrepreneurship, time management, digital content creation, social media strategy How do you maintain such energy and motivation bro đźđ -- Topics: energy and motivation -- Parent Topics: self-improvement, wellness, productivity Great video once again Marc! I love the way you edit your videos, bro. Can you share some sources for video editing that you based your videos on? -- Topics: video editing resources -- Parent Topics: digital media production, content creation, film and video technology one pop 'cause u were "selling shovels during gold rush" . so find another goldrush and sell them shovels. I wonder if there are more business proverbs like this "selling shovels during gold rush" ? đ -- Topics: business proverbs -- Parent Topics: entrepreneurship, business strategy, business education What do you think is the best MacBook to start Programming at the Moment ? -- Topics: best macbook for programming -- Parent Topics: technology reviews, software development tools, consumer electronics I wonder what the initial cost is to deploy a project on production. Of course, starting with your magic tool "ship fast" ;) -- Topics: project deployment costs, ship fast tool -- Parent Topics: project management, business finance, startup fundamentals, software development, startup culture Why Startup Founders Should Launch Companies Sooner Than They Think Does anyone know what lighting Gary is using? His face is so vibrant and I'm looking something like that. -- Topics: lighting equipment -- Parent Topics: photography and cinematography, stage and theatrical production, lighting design But what about that pin app, what was it called humane? -- Topics: product identification -- Parent Topics: e-commerce, product reviews, inventory management What about not knowing yet what to develop and launch during early customer discovery? What about Deeptech products that take time? What about the data of many succesfull companies that took many months, even years before launching publically, eg, OpenAI? I understand the value in launching as soon as you can have something functionnal packaged, but 2 months as a general rule? What if through discovery you decide to change product altogether? What should you do then, cancel the first one? Maintain it? -- Topics: early customer discovery, deeptech products, launch timing and strategy, product pivoting -- Parent Topics: entrepreneurship, market research, product development, emerging technologies, research and development (r&d), technology startups, business strategy, marketing, product management, startup strategy, customer feedback My Next $1M SaaS I think he spends a lot of money on ads. I wonder how to walk that fine line with ads. -- Topics: ad spending strategy -- Parent Topics: digital marketing, marketing strategy, advertising Whats that shirt from? So nice -- Topics: ?? -- Parent Topics: ?? Hey, I'm curious what's "Code Fast" as seen at 2:11? Is this the project name of ShipFast or it's the project you are working on now :) -- Topics: project names -- Parent Topics: project management, corporate branding and naming, technology and innovation Great video as always :). Have you ever considered to hire a QA specialist to test all of your apps? -- Topics: quality assurance -- Parent Topics: business What's with the dislikes? Can someone answer... -- Topics: ?? -- Parent Topics: ?? Hey Marc trying to find the vid where you show how you make logos with canva. If you remember which it is from and you see this, could you please let me know đ -- Topics: logo creation -- Parent Topics: graphic design, branding, digital marketing Startup Experts Discuss Doing Things That Don't Scale How can i get Letter of intent if im working on hard tech?Are LOIs part of doing things that dont scale? -- Topics: letters of intent (lois), non-scalable strategies -- Parent Topics: startup funding, business strategy for startups, innovation and technology management, startup development strategies, business planning, investment readiness Scaling a startup comes with its own set of unique challenges. From managing growing teams to ensuring product quality and delivery speed, there are many hurdles to overcome. Has anyone used tools like monday dev to help manage these challenges? Specifically, I'm interested in features like automations. How effective have these tools been for you in scaling your startup? -- Topics: scaling challenges, productivity tools -- Parent Topics: startup growth, startup management, product development, project management, startup growth strategy, business process automation I want to create a startup that requires no app. Thoughts? -- Topics: alternative startup models -- Parent Topics: business models, entrepreneurship, innovation management What's something you've done at your own startup that is a good example of "doing things that don't scale"? -- Topics: ?? -- Parent Topics: ??