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What's your favorite GPT powered tool?
Welcome to 9 new Always Learners this week! If you enjoy this post, could you forward it to your curious friends so they can join us?
Here’s what we got for you today:
Favorite GPT-powered tool?
Underdogs
Vice goes bankrupt
There have been many tools powered by GPTs coming out over the past few months. Too many.
Which ones are worth using?
Since I'm also a developer, I love using Phind to find technical information. Phind is a GPT-powered search engine that aggregates results from multiple websites. It's really helpful for finding answers to my questions quickly and easily.
For example, the other day I was working on a project and I needed to know how to use a certain library. I typed my question into Phind, and it immediately gave me a list of relevant results. The results included code snippets, tutorials, and even blog posts. I was able to find the information I needed in just a few minutes.
One thing to keep in mind is that Phind sometimes references outdated versions of libraries. However, this hasn't been a big problem for me. I usually just check the date of the article or tutorial to make sure it's up-to-date.
Overall, I'm really happy with Phind. It's a great tool for developers who need to find technical information quickly and easily. I would definitely recommend it to other developers.
What I Learned This Week…
#1 🧠
We stand with the Underdogs
What do they got?
A big team, lots of money, a strong brand, seemingly unlimited resources, panache, reputation, all that. They’re established.
They’re your competitors.
You want to look away, but you see them everywhere. Their ads on your social, their name in the media, your dream clients on their website.
But you know what else they got?
Bigger company bloat. Overflowing obligations. Narratives to uphold. Appearances to maintain. Entitlement. Too much overhead.
They’re slow. They’re conservative. They talk too much. They’ve stopped taking risks. They’re resting on their laurels, gliding on their reputation. They’re on defense.
What they’ve really got is a lot to lose.
What do you got?
Hunger. Drive. Grit. Scrappiness. Independence. You’re on offense.
Here are some bullet point notes I took away from his post
Underdogs have certain advantages over established competitors, despite their lack of resources or recognition.
Established competitors often have bigger teams, more money, strong brands, and unlimited resources, but they also have disadvantages such as company bloat, overflowing obligations, and a conservative approach.
Underdogs possess hunger, drive, grit, scrappiness, and independence, which make them dangerous and agile.
Being small is not a disadvantage; it allows underdogs to be faster, more adaptable, and better than their competitors.
Underdogs should embrace their position and use their underdog spirit to their advantage, being clever, creative, and making quick decisions while their competitors are still deliberating.
The underdog position is temporary, and it should be cherished and leveraged for success.
What do you think about this?
#2 🧠
Calls, but it lets you know if they’re looking at another app while talking to you
— Levi Eirinberg (@LeviEirinberg)
5:02 PM • May 14, 2023
#3 🧠
I have a SaaS startup up for sale.
Some stats:
💵 $12K MRR (should be $20K in the next 2 - 3 months)
👀 90% - 95% profit margins
👨 Avg. rev/user: $1,200/m
🚨 Industry: Content creation / social mediaInterested? Please send me a DM.
Thanks 🙏
— Samee Hassan (@SameeHsn)
1:11 PM • May 12, 2023
Why Invest in This SaaS Startup?
Impressive Monthly Recurring Revenue (MRR): With $12,000 MRR and a projected growth to $20,000 within the next 2-3 months, this startup demonstrates a strong revenue stream that is poised for further expansion.
High Profit Margins: Enjoying profit margins between 90% to 95%, this SaaS business presents an opportunity for lucrative returns on investment. The potential for substantial profitability is evident.
Favorable Average Revenue per User (ARPU): The average revenue per user stands at $1,200 per month. This indicates a solid monetization strategy and the ability to generate significant value from each customer, contributing to sustained revenue growth.
Thriving Industry: Operating within the content creation and social media space, this startup taps into a rapidly growing market. With the increasing importance of digital content and social media marketing, there is a vast potential for expansion and long-term success.
Growth Potential: The projected MRR growth, combined with a profitable business model, highlights the potential for continued upward trajectory. Buyers can leverage this foundation to further scale the business, explore new markets, and introduce additional features or services.
Strong Profitability and Sustainability: The substantial profit margins, coupled with a solid MRR base, indicate a sustainable and well-managed business. Buyers can step into a profitable venture and capitalize on the existing foundation to drive further growth.
Established Customer Base: The startup has already attracted a customer base, which provides immediate revenue and the opportunity to nurture and upsell to existing users. This reduces the initial customer acquisition burden for potential buyers.
Strategic Fit and Synergies: For individuals or companies operating in related industries or looking to expand their portfolio, this SaaS startup presents strategic synergies. It allows for diversification, market consolidation, or complementary services, offering added value to existing operations.
To explore this opportunity further and receive more detailed information, please send a direct message (DM) to the seller.
💎 5 Link Monday 💎
The five best links I saw this week…
Let's dive in:
#1 💎 - Acquire.com, the #1 Startup Acquisition Marketplace
#2 💎 - Google I/O and the Coming AI Battles
#3 💎 - Get notified when your desired Twitter handle is available
#4 💎 - Stock Unlock
#5 💎 - After a 29-year run, Vice files for bankruptcy
Have an amazing week!
If you have any questions or comments, feel free to let me know on Twitter
Kevin Urrutia
P.S. hit reply with your favorite learning this week!
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