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- Aditya's Newsletter Edition #3
Aditya's Newsletter Edition #3
On getting started, specialized chatbots, finding your first customers, and more
Aditya Kumar Saroj
October 10, 2023
In today’s edition:
Reality Check: Just do it! It’s going to be fine!
Ideas and Success Stories: Specialized chatbots
Articles: Getting your first customers, smartphone cases, and more
News: Google Pixel Event, AI in Journalism, Earthquake Prediction, and more
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Reality Check
Just do it! It’s going to be fine!
I consider the ages between 20 to 40 to be when people are ready to try new things for personal and career development. Some people start a business at 16, and some people learn new things after retirement, but those are exceptions (my grandpa learned to drive a car in his late 60s!).
So, let’s take it as roughly 20 years when you can be adventurous, that’s around 1000 weeks (a bit more, but again let’s round it off for simplicity).
1000 weeks, 1000 Mondays, to get started with that thing that has been sitting in the back of your head for ages.
And, you still haven’t done it?!
Dreams don’t make you successful, your actions do.
Why haven’t you started that blog?
Why haven’t you started that YouTube channel?
Why haven’t you started that side project?
Trust me, it is not as scary in reality as it is in your head. You need to press that start button.
There’s nothing to lose. If it’s legal and not burning your entire life savings, go for it. Just do it. You can only gain from your next project. But, you have to start, nobody can do that for you.
And you’ll be fine, there are life lessons, experiences, connections, and money waiting to reach you but you are not ready to just start.
Just do it! It’s going to be fine!
Do you have something that’s stopping you from starting?
Feel free to reply to this mail or we can connect on LinkedIn to discuss. Completely free, of course.
(P.S. If you are a software developer, I have already written a guide on how to make your first $1 with a business online)
Ideas and Success Stories
Specialized chatbots
This is a purely B2B idea. With big players like Intercom, Zendesk, and Salesforce already in the chatbot market, this space might look overcrowded at first glance.
In the last few months, these companies have also integrated AI into customer support systems.
The disadvantage of these companies is precisely their size. They can not cater to small businesses.
Good customer support requires specificity. This is why AI will not replace support jobs but make it more efficient (at least, for the next few years).
The doctor’s clinic in your neighborhood, your circle’s favorite gym, the new and rising cloud kitchen chain in your city - these are all opportunities.
How
Two things to learn here:
How to create chatbots
How to train a chatbot with AI
You can learn both of these for free online. This is a good starting point.
Who
But, who would even use this? Why wouldn’t they go for Intercom or hire a support guy? The answer: affordability.
I’m thinking of an intersection market for this idea: the intersection between businesses that do not have a big enough support team to cater to each customer and businesses for whom a general chatbot is not good enough, i.e., rapidly growing businesses with regular support requirements.
Making industry-specific AI chatbots (at least initially) won’t be the biggest challenge here. The hard work would be in finding these businesses before others.
Success Stories
Chat Thing creates chatbots using your existing Notion, docs, and website data. It has reached £8,765 MRR.
SiteGPT creates chatbots instantly with your website’s sitemap.xml file. It made $10K in its first month.
Articles
How to (easily) get your first 5 customers
Mac Martine
A very good explanation to get your first customers. Two important barriers, building trust and solving a pain point, are discussed. The author describes how he overcame these and converted cold leads to warm leads.
Why you’re not supposed to put a case on your smartphone
Elvis Hsiao
A headline that was moderately engaging to me but when I clicked on the article, it turned out to be an interesting read. The author discusses about practical, social, and environmental implications of smartphone covers.
How to Write Copy to Sell Stuff
Eve Arnold
A very simple breakdown of how to write copy to sell your product. This is a list I’m going to follow before launching my next product.
News
Google Pixel Event, AI in Journalism, Earthquake Prediction, and more
Google Pixel 8 Pro Launch - Image from Google
AI domination in the news section this week
Google Pixel Event, Made By Google, gave the search and consumer tech giant a chance to show off what it’s been working on. There were so many updates on Pixel 8, Pixel Watch 2 and other goodies. We summed up the most important parts from the keynote below…read more
The BBC, the UK’s largest news organization, laid out principles it plans to follow as it evaluates the use of generative AI — including for research and production of journalism, archival, and “personalized experiences.”…read more
A new attempt to predict earthquakes with the aid of artificial intelligence has raised hopes that the technology could one day be used to limit earthquakes’ impact on lives and economies. Developed by researchers at The University of Texas at Austin, the AI algorithm correctly predicted 70% of earthquakes a week before they happened during a seven-month trial in China…read more
Symbotic, a company that has already generated market heat selling AI-powered robotic warehouse management systems to clients including Walmart, Target and Albertson’s, is partnering with Softbank to play in a potentially giant and transformative market…read more
OpenAI, the company behind ChatGPT, is exploring making its own artificial intelligence chips and has gone as far as evaluating a potential acquisition target, according to people familiar with the company’s plans…read more
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