Starter Story - Your next co-founder could be a machine

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This is Pat, founder of Starter Story — I wanted to give a warm welcome to the 937 people who joined us since our last newsletter. To anyone reading this, your support means a lot! I hope you enjoy reading our content as much as we enjoy creating it.

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And now, let's dive in:

Your next co-founder can be a machine

Whether you’re trying to start a business but struggle to find the time to work on it due to your other obligations, or are trying to grow one but feel like there aren’t enough hours each day, this post might help you get so much more work done.

ChatGPT is all over now, but AI is much more than that. There are hundreds of tools that you can leverage to start and grow a business.

Here are some ways a busy person could leverage AI tools:

Find a business idea

Just in case you already don’t have one.

Let's say you are considering starting a healthy snack delivery service.

You want to know which areas in your region have the highest demand for healthy snacks and what types of snacks are most popular among consumers.

AI tools could help you:

Detect areas with the highest concentration of health-conscious consumers. Using data from mobile apps, or social media to identify people who frequent health food stores, gyms, or other fitness-related businesses.

Analyze online reviews and social media posts related to healthy snacks. And apply sentiment analysis to determine which brands and types of snacks are most popular among consumers and spot any common complaints or pain points.

Track sales data and find any gaps in the market for specific types of healthy snacks.

👉 Learn more about how to use a data-oriented approach to find business ideas

👉 This $4M/year e-commerce biz uses these AI tools to run the business

Create content

Content creation is hard. But super important to market any business. And some people really struggle with it.

This is the perfect use case for AI.

Level up your LinkedIn and Twitter game with AI tools and generate high-quality, engaging copy for your social media posts.

How can you do it? Simply input a topic or prompt into the tool, and get relevant content ideas. Now you just need to make some minor edits to adjust it to your own tone and style.

Schedule a full week’s content by working just an hour or two.

👉 This content marketing agency hit $55K/month after betting big on AI to scale

Get rid of most customer support

Answering customer inquiries and requests can be time-consuming to manage manually.

AI-powered chatbots like Intercom or Zendesk have been around for some time now, and they’re capable of understanding customer inquiries and providing relevant responses.

They can answer common customer inquiries, such as product information, shipping details, and order status, immediately and without the need for human intervention.

For more complex inquiries, the chatbot can escalate the conversation to a real person.

👉 This $8K/month Youtube tool handles all customer support through a chatbot

👉 The customer service team of this $36M/year e-commerce relies a ton on AI tools

👉 This company makes $1.8M/year renting tiny houses, and all their customer support is tracked by AI

Automate repetitive tasks

Forget about spending all day filling out spreadsheets. Instead, save time, reduce errors, and focus on critical tasks that will take you to the next level.

Let's say you run an e-commerce business and receive many customer orders daily. You must enter the customer information and order details into your database to fulfill the orders. This is a time-consuming task that requires a significant amount of manual labor.

How can you automate something like this? Use a tool to extract data from customer orders and enter it into your database automatically.

For example, you could use a tool like Docparser, which uses machine learning algorithms to extract data from PDF documents, including order forms.

Additionally, you can use the extracted data to generate reports and gain insights into customer behavior, which can help you make data-driven decisions to grow your business.

👉 The Docparser founder sold the company and started a new $16K/month business

👉 This is the guy who acquired Docparser (and other 40 companies)

Want to discover more strategies to start and grow a profitable business?

Get full access to our database with 4,000+ real-life case studies and 8,000+ business ideas.

Discover how founders:

a) Come up with money-making business ideas

b) Launch their businesses (even while working a full-time job)

c) Get their first customers, and what strategies they use to generate cash as quickly as possible

And find out exactly how founders went from idea to thousands of customers.

All the systems and strategies to build a successful business can be learned, so why not learn them from others who have already done it?

👉 Unlock full access now and launch your dream business.

Quick hitters

This construction worker left his old job and now makes six figures selling on Amazon. Just like many of us, he worked on lots of side hustles to leave his 9 to 5 job before striking gold with this one. But what I love about this story is how he provides a great step-by-step playbook for retaining customers on Amazon.

From getting fired to starting a $360K/year niche newsletter. After being laid off, he spent time working on something he was really passionate about: crypto. Today he has over 70K loyal subscribers and a super creative growth strategy (that you shouldn’t miss).

This guy makes $3M/year helping companies nail their pricing. Why do so many businesses need this service? Because most founders do it through guesswork or copycat approaches. Even though it’s something absolutely critical to your business.

Thanks for reading!

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