Hey everyone,
I have been building products since the last 3 years. In these years, I have managed to launch, scale and exit 2 SaaS products successfully.
Today I am launching my 6th product - Stock Market GPT - An AI Investment Analyst to save you time researching your next investment.
Like all my previous products, I will be building this in public and share my learning along the way. Here's what I have built so far :
Microsponsors ( Fail )
My first product ever. I tried to create a marketplace for newsletter writers to find sponsorship opportunity. Got a few very big newsletter listed on the marketplace as well. However, building marketplace is tough. I found it very difficult to bring in sponsors. Ended up shutting it down,
AI Query (Exit - Pre revenue )
It was the second half of 2022 and GPT-3 was the most advance AI on the market. I decided to build a tool that can help developers and non-technical folks write SQL queries by just asking in plain english.
I got my first taste of success with this. Had a decent offer even before I figured out monetisation. Accepted the offer to focus on my next product which had already started gaining traction
AI Excel Bot ( Exit - Revenue Generating ) - link
AI Excel Bot was my wild success. I had worked hard on the SEO for the site, along with the UI / UX to make it the best AI to write excel formulas and general excel task. There was already a large competitor in the market. However, the reality is that you don't need to be the top player. There is always room for multiple players to survive in a large market. You just need to find the good differentiating factor
For AI Excel Bot, the differentiator was the chrome extension, that helped users access it anywhere on the internet.
Scaled the product to more than 40k users at the time of exit. However, in the end I decided to exit and focus on my software service business that needed more time.
Tutore AI ( Fail ) - link
I wanted to build something useful for students to help them learn better. Tutore was my idea to build AI tools for students. I did launch quickly with multiple tools. However, wasn't motivated enough to continue with the grind.
I have decided to sell the product. Have had some meetings with potential buyers but didn't agree on price.
Prompt Hackers ( 1k users but no revenue ) - link
Prompt Hackers is a directory of AI prompts for all the use cases you can image. I focused a lot on bringing traffic and newsletter subscription from the day 1. I have never had a problem bringing initial set of users to my products. Prompt Hackers was getting close to 20k page views a month. At the same time we had close to 1k newsletter subscribers.
Since our target customers were people choosing to use ChatGPT / Bard instead of some specific software for their task, I built a Prompt Generation and Prompt Optimisation AI. Along with this I also created features to build private prompt library. To make the experience even better, I launched a Chrome Extension that helps users access the prompt generation AI and their prompt library while using ChatGPT. However, I couldn't figure out monetisation.
I still get close to 4k page views per month with no marketing at all. There are users who use the AI tools and the prompt library feature daily. But, since I couldn't figure out monetisation, I decided to not put time into the project.
There you go. These are all the products I have built in the last 3 years. I have been investing myself, and know how much time researching a stock can take sometimes. That's why I built, Stock Market GPT.
I would love to hear feedback from the community. I will be sharing my learning with my new products along that way.
Thanks!
That's awesome man! It looks like you are well on your way.
You've already accomplished more hacking than I probably ever will so I really can't offer any advice of value.
The one note I would add is in naming/branding.
The name of your app "toture" I had to actually stop and reread it very slowly because at first glance I thought it said torture. Lol.
I'd wager I'm not the first to make that mistake.
I could see anyone glancing over a list or page is likely to do the same and while it may work to get people slow down and actually process the name and description. I don't think there would be a large overlap between those people and your target audience.
Or heck, I could be wrong. If this was something you wanted to invest time and effort into I could see where leaning into that could work. Back in my school days a lot of what we did felt like torture.
Amazing nice read! Hey any thoughts on what keeps you motivated day to day?
Education and tech must go hand in hand. Tutore still looks promising, what's the energy problem with it exactly?
First of all mate, Congrats on your journey of building and launching various products over those past three years. It's inspiring to read your dedication and perseverance in navigating the ups and downs of entrepreneurship. Your experience with both successful exits and learning from failures is invaluable.
The launch of Stock Market GPT sounds like an exciting venture, offering an AI-driven solution to simplify stock market research. Your commitment to transparency by building in public and sharing your learnings is commendable and will undoubtedly benefit the community.
Thank you for sharing your product history and insights into each venture's successes and challenges. Your journey serves as a valuable source of inspiration and learning for aspiring entrepreneurs like myself. Wishing you all the best with Stock Market GPT, and I look forward to following your progress and contributing to the community's feedback.
Incredible resilience in your SaaS journey! Your experience from successes and setbacks is truly motivating. Excited for Stock Market GPT's future. Keep innovating!
Your experience in developing, growing, and occasionally changing course on goods are incredibly motivating. You obviously understand the market and the demands of users very well.
Wow seems like quite the suite of products, good effort!
How did you come up with the ideas and were any of them for your own personal problems or was it more like having the tech and finding ways to apply it?