Hey Makers, Nithin and I started LaunchPedia on Jan 8th 2023 and it's been an year of roller coaster ride From literally making no money in the first 6 months and coming close to shutting down, to making $5000 from our digital products in the last 4 months. Here are the 9 lessons I learned from our journey: It's not wrong to pivot. It's better than giving up. Build multiple small bets, until you know what works Plan monetization whenever you're building a new product Build products that make money, especially when your savings are on line Don't overlook email marketing. Collect email addresses, build funnels and setup email sequences from day 1 Don t delay your launch. Ship fast, validate the idea, get feedback, and iterate. Leverage side project marketing. Build free tools and directory sites to increase your distribution and upsell your paid products. Validate the idea using short term distribution strategies. Ex: PH launch, listing on directories, & Ads. You don't need to build fancy products, you can also build info products as long as it is helping people.
We're having a small discussion in our office about this. The majority is part of the coffee-empire but a small group of tea-rebels is fiercely defending their opinion. What about you?
Artificial intelligence large models are currently in a rapid development phase, with technical challenges including algorithm optimization, data privacy, model interpretability, computational resource demands, and ethical issues
Let me know if you need support with your launch, I'll be there as a supportive community member! This is the best thing that's happened to me this year Thanks to the ProductHunt team for the honor.
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