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#354 - I Asked ChatGPT How To Get to $1M ARR!

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Manage episode 498007500 series 2939333
Content provided by Tiago Ferreira. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Tiago Ferreira or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.

I interview ChatGPT (calling it Alex) and challenge it to create a roadmap from zero skills to $1M ARR in five years. We break down the best skills to learn (coding, sales), how to choose a profitable niche, and why B2B SaaS for remote creative collaboration is a strong bet. I dive into practical steps: market research, MVP building, pricing, and B2B outreach. I reflect on sales cycles, pricing strategy, and the impact of AI tools on entrepreneurship. I question bootstrapping, validation, and staying ahead as the landscape rapidly evolves.

Timestamps by PodSqueeze

Introduction and Episode Setup (00:00:00)

Naming ChatGPT and Framing the Challenge (00:02:09)

Defining “Rich” and Setting the Revenue Goal (00:03:10)

Defining the Starting Point and Essential Skills (00:04:03)

Learning to Code in the Age of AI (00:05:56)

Timeline for Learning Coding Skills (00:07:09)

Sales as an Alternative Path (00:08:02)

Combining Skills and Setting the Five-Year Plan (00:09:22)

Market Selection and Research (00:09:44)

Examples of Promising Markets (00:10:58)

Evaluating and Sizing a Market (00:12:01)

How to Research and Validate a Market (00:13:01)

Choosing the Best Market Right Now (00:14:06)

Existing Tools in the Remote Work Space (00:14:43)

Framework for Finding Opportunities in Remote Work (00:15:17)

Selecting a Specific Problem to Solve (00:16:20)

Zeroing in on a Concrete Product Idea (00:17:33)

Distribution and Go-to-Market Strategy (00:18:13)

Targeting and Reaching Decision Makers (00:19:19)

Preparation Timeline for Outreach (00:21:02)

Warming Up Specific Contacts (00:21:26)

Example Target Companies (00:22:06)

Pricing Strategy for B2B SaaS (00:22:48)

Justifying Tiered Pricing (00:24:14)

Timeline to Reach 1 Million IRR (00:25:09)

Step-by-Step Action Plan (00:26:33)

Closing and Reflections (00:28:03)

Final Thoughts and Outro (00:36:07)

  continue reading

361 episodes

Artwork
iconShare
 
Manage episode 498007500 series 2939333
Content provided by Tiago Ferreira. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Tiago Ferreira or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.

I interview ChatGPT (calling it Alex) and challenge it to create a roadmap from zero skills to $1M ARR in five years. We break down the best skills to learn (coding, sales), how to choose a profitable niche, and why B2B SaaS for remote creative collaboration is a strong bet. I dive into practical steps: market research, MVP building, pricing, and B2B outreach. I reflect on sales cycles, pricing strategy, and the impact of AI tools on entrepreneurship. I question bootstrapping, validation, and staying ahead as the landscape rapidly evolves.

Timestamps by PodSqueeze

Introduction and Episode Setup (00:00:00)

Naming ChatGPT and Framing the Challenge (00:02:09)

Defining “Rich” and Setting the Revenue Goal (00:03:10)

Defining the Starting Point and Essential Skills (00:04:03)

Learning to Code in the Age of AI (00:05:56)

Timeline for Learning Coding Skills (00:07:09)

Sales as an Alternative Path (00:08:02)

Combining Skills and Setting the Five-Year Plan (00:09:22)

Market Selection and Research (00:09:44)

Examples of Promising Markets (00:10:58)

Evaluating and Sizing a Market (00:12:01)

How to Research and Validate a Market (00:13:01)

Choosing the Best Market Right Now (00:14:06)

Existing Tools in the Remote Work Space (00:14:43)

Framework for Finding Opportunities in Remote Work (00:15:17)

Selecting a Specific Problem to Solve (00:16:20)

Zeroing in on a Concrete Product Idea (00:17:33)

Distribution and Go-to-Market Strategy (00:18:13)

Targeting and Reaching Decision Makers (00:19:19)

Preparation Timeline for Outreach (00:21:02)

Warming Up Specific Contacts (00:21:26)

Example Target Companies (00:22:06)

Pricing Strategy for B2B SaaS (00:22:48)

Justifying Tiered Pricing (00:24:14)

Timeline to Reach 1 Million IRR (00:25:09)

Step-by-Step Action Plan (00:26:33)

Closing and Reflections (00:28:03)

Final Thoughts and Outro (00:36:07)

  continue reading

361 episodes

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