First Month as an AI Entrepreneur: Lessons and Insights
Recording my first month of the AI100 challenge, including problems encountered, solutions found, and thoughts on future planning.
First Month as an AI Entrepreneur: Lessons and Insights#
A month ago, I started the AI100 Challenge - committing to build 100 AI applications within a year. Looking back, this decision was both brave and reckless.
The first month has passed, and I've completed 8 projects, learned a lot, and made quite a few mistakes. This article is a summary and reflection on this journey.
Why Choose the AI100 Challenge?#
Background#
At the beginning of 2024, I realized that AI is changing everything. As a tech entrepreneur, I had two choices:
- Wait and Watch - See how others leverage AI for entrepreneurship
- Take Action - Build AI products myself and accumulate experience
I chose the latter because I believe that in the rapidly changing AI era, practice is the best way to learn.
Goal Setting#
The goals of the AI100 challenge are simple:
- Quantity Goal: Build 100 AI applications within a year
- Quality Goal: Each application must solve real problems
- Learning Goal: Master the complete process of AI product development
- Business Goal: Find scalable business models
It sounds simple, but execution is completely different.
First Month Data#
Let me share my first month's report card:
Project Statistics#
- Completed Projects: 8
- Total Users: 2,847
- Total Revenue: $1,420
- Lines of Code: 45,670
- Working Hours: 312 hours
Project Type Distribution#
- Productivity Tools: 3
- Content Creation: 2
- Data Analysis: 2
- Customer Service: 1
Looks decent, but there are many stories behind these numbers.
Major Challenges Encountered#
1. Time Management Crisis#
Problem: Severely underestimated development time for each project
Initially, I estimated 2-3 days per project, but actually needed 4-5 days on average. Main time consumption:
- Requirements Research: 30%
- Technical Development: 40%
- Testing & Optimization: 20%
- Deployment & Operations: 10%
Solution:
- Set more realistic time expectations
- Use time tracking tools (RescueTime)
- Batch similar tasks
- Establish standardized development processes
// Standard project template
const projectTemplate = {
discovery: 1, // days
development: 3, // days
testing: 1, // days
deployment: 0.5, // days
total: 5.5 // days
};
2. Tech Stack Selection Difficulty#
Problem: Choosing different tech stacks for each project
For the first 5 projects, I used 5 different technology combinations:
- React + OpenAI API
- Next.js + Supabase + Claude
- Python + FastAPI + Hugging Face
- Vue.js + Firebase + PaLM API
- Svelte + Vercel + GPT-4
This led to massive repeated learning costs.
Solution: Standardize tech stack
// My standard AI application tech stack
const standardStack = {
frontend: 'Next.js + TypeScript',
backend: 'Next.js API Routes',
database: 'Supabase',
ai: 'OpenAI API (primary) + Claude (backup)',
deployment: 'Vercel',
monitoring: 'Vercel Analytics + Sentry'
};
3. Insufficient Product Validation#
Problem: 3 projects had almost no users
AI100-003: Smart Meeting Summarizer only had 12 user registrations, with only 3 people actually using the product.
Root Cause Analysis:
- Insufficient market research
- Unclear target user personas
- Unclear value propositions
- Wrong promotion channels
Solution: Establish product validation framework
interface ValidationFramework {
problemValidation: {
userInterviews: number; // at least 10
surveyResponses: number; // at least 100
competitorAnalysis: boolean;
};
solutionValidation: {
mockupFeedback: number; // at least 20
landingPageSignups: number; // at least 100
preOrders: number; // at least 10
};
marketValidation: {
mvpUsers: number; // at least 50
payingCustomers: number; // at least 5
monthlyGrowthRate: number; // at least 20%
};
}
4. Cost Control Mistakes#
Problem: API call costs exceeded expectations
In the second week, I received an $847 bill from OpenAI, which shocked me. Main reasons:
- No usage limits set
- Used GPT-4 instead of GPT-3.5 during testing
- No request caching implemented
- Lack of usage monitoring
Solution: Cost control system
class CostController {
private dailyLimit = 50; // USD
private cache = new Map();
async makeAPICall(prompt: string, model = 'gpt-3.5-turbo') {
// Check cache
const cacheKey = this.getCacheKey(prompt, model);
if (this.cache.has(cacheKey)) {
return this.cache.get(cacheKey);
}
// Check budget
const todaySpent = await this.getTodaySpending();
if (todaySpent >= this.dailyLimit) {
throw new Error('Daily budget exceeded');
}
// Call API
const response = await this.callAPI(prompt, model);
// Cache result
this.cache.set(cacheKey, response);
// Log spending
await this.logSpending(response.usage);
return response;
}
}
Successful Project Cases#
AI100-007: Smart Email Reply Assistant#
This was the most successful project of the first month:
- Users: 1,247
- Retention Rate: 36% (7-day)
- Paid Conversion Rate: 8.3%
- Monthly Revenue: $892
Success Factors#
- Clear Pain Point: Everyone is bothered by emails
- Simple Solution: One-click reply generation
- Good User Experience: Chrome extension format
- Reasonable Pricing: $9.99/month
Technical Implementation#
// Core functionality: Smart reply generation
class EmailReplyGenerator {
async generateReply(email: Email, context: EmailContext) {
const prompt = `
Please generate a professional reply for the following email:
Original Email: ${email.content}
Sender: ${email.from}
Context: ${context.previousEmails}
Reply Requirements:
1. Maintain professional and polite tone
2. Directly answer key questions
3. Keep length between 100-200 words
4. Suggest next steps if needed
`;
const response = await this.aiService.generate({
prompt,
model: 'gpt-3.5-turbo',
temperature: 0.7,
maxTokens: 300
});
return this.postProcess(response);
}
}
AI100-005: Code Review Bot#
Second most successful project:
- GitHub Stars: 324
- Active Users: 156
- Open Source: Completely free
Value Creation#
Although no direct revenue, it brought:
- Personal Brand Value: Built influence in developer community
- Potential Collaboration Opportunities: 3 companies inquired about consulting services
- Learning Opportunities: Deep understanding of AI code comprehension capabilities
Unexpected Discoveries#
1. Community Matters More Than Products#
The biggest unexpected discovery: The attention and support I received mainly came from sharing the process, not the products themselves.
Sharing AI100 challenge progress on Twitter gained:
- 1,247 followers (grew from 89 to 1,336)
- 50+ daily interactions on average
- 5 potential partners
- 3 media interview invitations
This made me realize that building personal brand and community might be more valuable than individual products.
2. AI Tools Increased Development Efficiency by 3x#
After using AI-assisted development tools, my coding efficiency improved significantly:
- GitHub Copilot: 70% code completion accuracy
- ChatGPT: Debugging and optimization suggestions
- Claude: Documentation and test case generation
// Example: Test cases generated by AI
describe('EmailReplyGenerator', () => {
// Most of these test cases were generated by AI
it('should generate professional reply for business inquiry', async () => {
const email = createMockEmail({
type: 'business_inquiry',
tone: 'formal'
});
const reply = await generator.generateReply(email);
expect(reply).toMatch(/thank you for your interest/i);
expect(reply.length).toBeLessThan(200);
});
// ... more test cases
});
3. Simple Ideas Are Often Most Effective#
The most successful projects usually solve the simplest, most direct problems:
- Email Reply Assistant: Reduce time spent writing emails
- Meeting Notes Generator: Automate repetitive work
- Code Review Bot: Improve code quality
While those "more creative" ideas didn't resonate with users.
Improvement Plan#
Based on first month experience, I've developed the following improvement plan:
1. Process Standardization#
interface ProjectWorkflow {
week1: {
monday: 'Market research + competitor analysis';
tuesday: 'User interviews (5-10 people)';
wednesday: 'Requirements analysis + MVP design';
thursday: 'Technical architecture design';
friday: 'Start development';
};
week2: {
monday: 'MVP development';
tuesday: 'MVP development';
wednesday: 'Beta testing + feedback collection';
thursday: 'Optimization + deployment';
friday: 'Launch + promotion';
};
}
2. Quality > Quantity#
Starting from the second month, I will focus on:
- Investing more time in polishing each project
- Adjusting goal from 100 projects to 50 high-quality projects
- More focus on user feedback and product iteration
3. Build Compounding Systems#
interface CompoundingSystem {
technicalAccumulation: {
componentLibrary: 'Reusable UI components';
toolchain: 'Standardized development process';
templates: 'Project starter templates';
};
userAccumulation: {
emailList: 'Subscribers -> early users';
socialMedia: 'Followers -> product promotion';
community: 'Discord/WeChat groups -> direct feedback';
};
knowledgeAccumulation: {
documentation: 'Complete records of each project';
blog: 'Experience sharing -> personal brand';
courses: 'Knowledge productization';
};
}
4. Revenue Diversification#
interface RevenueStreams {
productRevenue: {
saasSubscription: 'Monthly/annual payment models';
oneTimePurchase: 'Tools and templates';
enterpriseCustom: 'B2B solutions';
};
contentRevenue: {
paidCourses: 'AI development tutorials';
consulting: 'Enterprise AI transformation consulting';
workshops: 'Offline/online training';
};
communityRevenue: {
membership: 'Paid community';
sponsorship: 'Brand partnerships';
affiliateMarketing: 'Tool recommendation commissions';
};
}
Second Month Outlook#
Based on first month learnings, I have clearer plans for the second month:
Goal Adjustments#
- Project Count: Adjusted from 10 to 6
- Focus Projects: Choose 2-3 for deep optimization
- Revenue Goal: $5,000
- User Goal: 10,000 new users
Key Directions#
-
Deep Dive into Successful Projects
- Email Reply Assistant 2.0
- Code Review Bot Enterprise Edition
- New productivity tools
-
Strengthen Content Marketing
- 2 technical blog posts per week
- Daily Twitter updates
- Launch YouTube channel
-
Community Building
- Establish WeChat groups and Discord
- Organize online workshops
- Find partners
Advice for Other AI Entrepreneurs#
If you also want to start a business in the AI field, here's my advice:
1. Start Small#
Don't think about creating ChatGPT-level products from the start. Begin by solving a small problem and gradually accumulate experience and users.
2. Value User Feedback#
No matter how beautifully written your code is, without users it's worth 0. Spend time understanding what users really need.
3. Control Costs#
AI API costs might be much higher than you expect. Establish cost control mechanisms to avoid unexpected high bills.
4. Document the Process#
Record and share your entrepreneurial journey - this might be more valuable than the products themselves.
5. Stay Patient#
AI entrepreneurship isn't a get-rich-quick game. Maintain a long-term perspective and enjoy the learning and growth process.
Final Thoughts#
The first month of the AI100 challenge made me deeply realize: Entrepreneurship is a marathon, not a sprint.
Although I only completed 8 projects, still far from 100, I gained something more valuable:
- Deep understanding of AI product development
- A group of users and friends who support me
- Clear recognition of future directions
- Most importantly: The ability to continuously learn and improve
The next 11 months will be more challenging, but I'm full of anticipation. If you're also on the AI entrepreneurship path, welcome to exchange ideas!
Want to follow my AI100 challenge?
- Subscribe to my Newsletter for weekly updates
- Check AI100 Projects for all project progress
- Join Hands-on Workshop to learn AI product development together
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