Hello HN,
I’m a 24 year old MBA graduate based out of Canada
The AI space is exciting for me. Mainly Gen AI. I’m passionate about business in general too.
But the truth is my tech experience is limited and I have no following/audience.
Tech:
I don’t think of this as a limitation because if my project takes off, I can always hire people or find co-founders. And to begin with, I don’t need a fully developed product. A MVP from Bubble will suffice.
No audience:
This is what makes me feel let down. I don’t have any sort of audience to launch to. To make it worse, my budget for marketing is roughly $500 USD. It’s not enough to get me sponsorship placement or test ads. Which is why I feel lost when it comes to marketing the project.
I need advice.
I’m willing to put in the time and effort it takes to make this AI SaaS a success. I’ll be working on this full-time starting April.
I’m targeting founders with funding/revenue and business owners (with a professional management in place). After working full-time for a month, I’ll decide whether to continue or not.
What are my best options to gain traction within a month in this competitive space?
If you don’t have tech skills to build it, you’ve got to be able to craft a pitch and communicate it.
I have no idea what “AI Saas” means, but being that broad there would have to be customers of yours here. At least pitch it to the point where we can declare yes or no.
And then go pitch and win your first 50 customers. One by one.
Then go get funding on the back of your 50 letters of intent.
The whole time you should be looking for a technical co-founder, and you should give them 50% of the business (equals). Without them you will have to give away more equity to raise (because you won’t have any product, or revenue), and you will burn more investment building and iterating your product.
Anything less than equal will not work.
You could make convincing arguments about why the work you’ve already done is valuable, and that they’re coming in later so they should only get xx share. But the reality is everything before that point is mostly irrelevant, what will make difference comes next. And for years into the future, if it’s going to be a success.