- Foundevo Newsletter
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- ๐ผ How I Manage a $90K MRR Solo AI Startup with Surprising Low Costs
๐ผ How I Manage a $90K MRR Solo AI Startup with Surprising Low Costs
๐ธ Why Pay When These Game-Changing AI Tools Are Free? ๐
In This Edition:
๐ STARTUP STRATEGY
Why Being a Thinker-Doer Can Turn Your Startup Vision Into Reality
The best founders combine both, becoming thinker-doers. ๐ฅ
Steve Jobs once compared founders to Leonardo Da Vinci, who didnโt just envision his masterpiecesโhe also mastered the science behind them.
And this holds true in startups today.
๐๐ฟ๐ฒ๐ฎ๐๐ถ๐๐ถ๐๐ + ๐๐ ๐ฒ๐ฐ๐๐๐ถ๐ผ๐ป = ๐ฆ๐๐ฐ๐ฐ๐ฒ๐๐
As Jobs put it:
โ โItโs easy to have ideas - whatโs hard is turning them into reality.โ
Thatโs why thinker-doers make the greatest founders.
But hey, not everyone is a creative-hustlerโand thatโs okay! ๐
This is where co-founders come in.
Are you a thinker or a doer? ๐ค
The best founders are both: thinker-doers. ๐ฅ
Steve Jobs compared founders to Da Vinciโbalancing vision & mastery.
Creativity + execution = success.
Not a creative hustler? Thatโs why co-founders exist!
Tag your co-founder & build greatness!
โ Foundevo (@FoundevoX)
10:29 AM โข Sep 18, 2024
Founders, make sure your team reflects both qualities. Itโs what shaped Appleโs successโand it could shape yours too.
Ready to build your dream team? Tag your co-founder and letโs create something amazing!
๐ค AI TOOLS
Best AI Tools for Generative Code
๐ AI Code Converter: Convert code between languages effortlessly with AI.
๐ ๏ธ Codeium: Boost productivity by translating natural language into code.
๐ Rose.ai: Discover, visualize, and share data with ease.
๐ง Literally Anything: Build web apps without coding skills required.
๐ผ๏ธ Screenshot To Code: Convert design screenshots into functional code.
๐ช Pickaxe: Create AI tools without writing code.
๐ก Mixo: Transform ideas into code-free websites quickly.
โ๏ธ AI Code Snippets: Streamline coding with AI-managed code repositories.
๐STARTUPS BUZZ
At $90K MRR, this is how much it costs to run my solo AI startup (AutoShorts) ๐
I wanted to be fully transparent here, since I often post about revenue but not the flipside.
I haven't calculated the expenses in months, so seeing the number is pretty eye-popping... ๐ณโฆ x.com/i/web/status/1โฆ
โ Eric Smith (@ericsmith1302)
5:25 PM โข Sep 5, 2024
How a Solo Founder Built a VC-Backed Startup with No Employees or Freelancers (Link)
Break Free from Manager Mode: The Path to Becoming a Unicorn Entrepreneur (Link)
Are Your Values Aligned with Your Business? Why It Matters for Success (Link)
The Unlikely Path to Twitter: Biz Stoneโs Story of Inspiration and Connection (Link)
Whatโs the Best Way to Transform an Idea into a Business? Try This Scientific Method (Link)
๐ฏWEB PICKS
What Mr. Beast Knows About Scaling That Every Founder Needs to Learn (Link)
Scale your startup with powerful tools at no cost. (Link)
"Founder Mindset" and "Moral Authority" (Link)
Is the $30B AI Megafund from BlackRock and Microsoft a Game-Changer for AI Innovation (Link)
Mistral Offers Developers a Free Path to Test Cutting-Edge AI Models (Link)
Snap Introduces AI Video Generation Tool to Elevate Creator Content (Link)
Is Generative AI the Secret Weapon for CEOs in Strategic Planning? (Link)
Is Google's Data Commons the Missing Piece for AI Reality Grounding? (Link)
Salesforce Introduces Atlas AI Agents: The Next Step in Business Intelligence (Link)
Can Microsoft 365 Copilotโs New AI Agents Boost Workplace Efficiency? (Link)
Will Californiaโs New AI Laws Stop Election Deepfakes and Actor Clones? (Link)
๐INVESTMENT & FUNDRAISING
Netmind Invests ยฃ2M in London Startup TG0 to Develop AI-Driven Products (Link)
Google Ventures Backs Wealth.com with $30M for Estate Planning Platform (Link)
Salesforce Ventures Doubles Down on AI with $1 Billion Fund Expansion (Link)
Peratech Raises $31.5M to Boost Next-Gen Sensing Tech for Space Exploration (Link)
AI Startup 11xAI Secures $24M to Develop Digital Employees (Link)
Cybersecurity Startup EasyDMARC Gets $20M in Series A Round (Link)
AI Startup SAMP Closes โฌ6M Round for Industrial Digital Twin Tech (Link)
Symphera Raises โฌ2.4M to Revolutionize Surgery with New Tool System (Link)
Pipe Raises $10M to Build Crypto-Powered Internet Infrastructure (Link)
Akur8 Raises $120M to Transform Insurance Pricing with AI Technology (Link)
Supermaven Secures Funding from OpenAI and Perplexity Founders for AI Coding Assistant (Link)
๐ญ MEME MAGIC
JPM M&A analysts after working 100 hours a week despite the new work policy because the MD used the โweโre going to lose the mandate to Evercore if we donโt get this done tonightโ excuse yet again
โ Karl Smith, CFA (Level 1 Candidate) (@wallstreetkarl)
2:29 AM โข Sep 12, 2024
๐ FREE FINDS
Free Resources to Grow Your Business
Are you overwhelmed by the costs associated with starting a new venture? Youโre not alone! Many entrepreneurs face this challenge, but the right tools can make all the difference without breaking the bank.
Explore HubSpot's collection of free business tools designed to help you launch and grow your business effectively. Whether you need to enhance your brand visibility, create engaging content, or optimize your website, HubSpot offers a variety of AI-powered resources tailored to meet your needs.
Key Features:
โจ Brand Kit Generator: Quickly create a custom logo, color palette, and more.
๐ Blog Ideas Generator: Develop content strategies and draft blog posts in minutes.
๐ง Campaign Assistant: Generate marketing emails and landing pages tailored to your campaign goals.
๐ Website Grader: Assess your website's performance and receive actionable insights for improvement.
๐ Don't miss out on the opportunity to streamline your business operations and boost productivity. Visit HubSpot's Free Business Tools now and start utilizing these powerful resources today!
๐ฌ AI RESEARCH
NVIDIA's Vision for Humanoid Robotics
Jim Fan is a senior research scientist at NVIDIA, leading the Generalist Embodied Agent Research (GEAR) team. His work focuses on developing advanced AI agents for both physical robotics and virtual environments, with a particular emphasis on humanoid robots.
Fan's vision includes creating a "foundation agent" capable of generalizing across various skills and realities, similar to the capabilities of large language models (LLMs) like GPT-3.
๐ Key Projects and Strategies
๐ Project GR00T: This flagship initiative aims to develop foundation models for humanoid robots. Fan believes that these robots will become as ubiquitous as smartphones in the future, necessitating a robust data strategy that integrates internet-scale data, simulation data, and real-world robot data.
๐จโ๐ผ Leadership in Robotics: Jim Fan leads NVIDIA's Generalist Embodied Agent Research (GEAR) team, focusing on creating advanced AI agents for both physical and virtual environments.
๐ค Foundation Models: The flagship project, GR00T, aims to develop foundation models for humanoid robots, enabling them to generalize skills across different tasks and realities.
๐๏ธ Three-Pronged Data Strategy: Fan emphasizes the importance of integrating internet-scale data, simulation data, and real-world robot data to create robust AI models.
๐ Humanoid Robot Focus: The choice of humanoid robots is strategic due to their potential versatility in human-centric environments and the abundance of training data available from human activities.
๐ฎ Future Vision: Fan envisions a future where intelligent robots are as common as smartphones, with significant breakthroughs expected in the next few years.
๐จ Why This is Important:
The advancements in embodied AI and humanoid robotics can revolutionize industries by automating tasks traditionally performed by humans. This not only enhances efficiency but also addresses labor shortages and improves the quality of life through services like elderly care and household assistance. As these technologies mature, they will likely lead to widespread adoption and integration into daily life.
๐ข Stay informed about developments in robotics and AI by following NVIDIA's research initiatives. Engage with the community to explore how these innovations can be applied in various sectors, and consider investing in or collaborating with organizations pioneering this technology.
๐ AI COURSE
Google AI Certificates for Career Growth
Unlock the power of AI with Google AI Essentials, a self-paced course designed to equip you with essential skills to enhance your productivity and streamline your work processes. Are you feeling overwhelmed by daily tasks and struggling to find time for what truly matters? This course is tailored for you!
๐ค What You Will Learn:
โก Maximize Productivity: Discover how to effectively use generative AI tools to speed up your daily tasks.
๐ ๏ธ Prompt Engineering: Learn the art of crafting effective prompts to get the best results from AI.
โ๏ธ Responsible AI Use: Understand how to identify potential biases and use AI ethically in your work.
In under 10 hours, youโll gain practical experience and earn a certificate from Google that showcases your new skills to potential employers.
๐ Don't miss this opportunity to supercharge your skillset and transform the way you work. Start your journey with Google AI Essentials today by visiting Google AI Essentials!
๐๏ธ Boost Workday Productivity: Download eBook! ๐๏ธ
๐คPARTNERSHIP
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๐ PRODUCTIVITY TOOLS
AI Tools to Boost Your Productivity
โ
MindPal: Sell expertise with AI multi-agent workflows.
โ
Dymaxion: Transform your home with AI design.
โ
FlyCode: Prevent revenue loss from failed payments.
โ
Coho AI: Boost conversion throughout the customer journey.
โ
Superflex: Write front-end code 10x faster.
โ
AnyParser API: Fast, accurate document parsing with LLM.
โ
Cracked: AI motion graphics copilot for creators.
โ
AIPhone.AI: AI-powered phone app with live translation.
โ
Atlantix: Discover, develop, and commercialize innovations.
โ
OpenAI o1: AI for complex general-purpose reasoning.
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