AI Products: Building in Public vs. Structured Problem Solvers

In the rapidly evolving world of AI products, fast time-to-market and adaptability are essential for success. While both the Lean Startup / Building in Public methodology and the Structured Business Pitching approach have their merits, the former's emphasis on speedy market entry, frequent iterations, and dynamic collaboration makes it more suited to the fast-paced AI landscape. Entrepreneurs must keep an eye on unfolding opportunities and be prepared to act quickly, embodying the spirit of @dannypostmaa's tweet: "If you can generate years of revenue in mere weeks or months, seize the opportunity."

As the dawn of artificial intelligence (AI) reshapes modern industries, entrepreneurs rush to capitalize on its potential. But with such an innovative and fast-paced technology, which approach is best for building AI products: the speedy Building in Public or the careful dance of Structured Business Pitching?

Quick Products vs. Business Idea: A Tale of Two Methodologies

 This lean methodology targets fast implementation, streamlined MVPs, and direct interaction with end-users. It's characterized by quick development cycles, transparency, and continuous improvement based on customer feedback. Often spearheaded by solo founders and small teams with tight budgets, this approach is highly adaptable.

Business Idea/Problem Solvers (Structured Business Pitching):

 Also known as the traditional approach, this method requires a detailed business plan and is mostly focused on obtaining funding for product development. With clear objectives from the outset, these projects have structured timelines and a dedicated team of specialists to create polished products with comprehensive features.

AI Products Time-to-Market Fit: Speed Matters

For many AI products, timing is everything. AI technologies advance rapidly, highlighting the need for fast time-to-market. The Lean Startup / Building in Public model often best accommodates this, as it emphasizes swift market entry, frequent iteration, and adaptability — ideal traits for securing a foothold in the evolving AI landscape.

Here are some benefits of adopting the Lean approach for AI products:

Quick MVPs capitalize on technological novelty

Constant improvements cater to evolving AI advancements

Collaborations and partnerships can be more easily formed through transparent development

Cost-efficiency makes it easier to acquire early adopters and prove market fit

Seizing Opportunities: Learning from @dannypostmaa

 perfectly captures the essence of building in public: "Who says every product must be sustainable and long-lasting? If you can generate years of revenue in mere weeks or months, seize the opportunity."

Applying his philosophy to AI products, the testimony encourages entrepreneurs to act on unfolding opportunities, ensuring that businesses remain dynamic and ahead of the curve. Building in public embodies these attributes, allowing AI product creators to leverage technological advancements and market trends to their advantage.

When it comes to AI products, the focus should be on time-sensitive market opportunities and adaptability. While there is no one-size-fits-all approach, the Lean Startup / Building in Public methodology is well-suited to exploit the ever-changing AI ecosystem. As @dannypostmaa suggests, don't be afraid to seize lucrative opportunities as they arise, even if that means taking the road less traveled.

AI Products: Building in Public vs. Structured Business Pitching

I am always seeking new and promising opportunities in the tech and real estate sectors. If you have an exciting project in mind that you would like to collaborate on, please do not hesitate to contact me using the email address provided above.

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Prishtina State of Mind: Overcoming Limiting Beliefs in a City of Limited Opportunities

Growing up in Prishtina, I found myself grappling with a deep-seated inferiority complex. The city's limited opportunities and prioritization of small ideas over genuine innovation or bigger-impact ideas left me feeling as though achieving a six-figure income was reserved only for those with exceptional talent, those who lived abroad, or those engaged in gray-zone business practices.

Perhaps my humble upbringing also contributed to my sense of limitation.

Unfortunately, this state of mind can make starting a business in Prishtina a daunting task. It took me years to convince myself to start a business, and when I did, facing very limited access to finance, the only source of funding for growth and expansion was my own ability to generate revenue out of every small job I could get my hands on. But how can one achieve this when surrounded by individuals who share the same limited mindset? The lack of networking opportunities with those who have already achieved success, or the "old money" team, only compounds the challenge of becoming an entrepreneur in this city.

I needed to get out of my mindset and adopt a "soft megalomaniac" attitude to be able to start a business and experience moderate success, shedding this complex. But had I failed, I imagine the complex would have only grown deeper.

Once I had skin in the game, I noticed it became easier because new paths started opening up. However, I'm still working to achieve the mindset that is equal to success in the world's greatest economies, like London, Tokyo, or New York.

The key takeaway from my experience is that taking this setback as a learning experience, helped me shift my mindset, which I still consider it needs improving further. I've learned that developing a resilient mindset is a life-time cycle that never stops.