Building an AI Education Startup Journey

Building an AI Education Startup Journey

Created by
@IdyllicGyrolite

Questions and Answers

What was the turning point in the journey of building WIS doia?

Focusing on testing riskiest hypotheses around an idea within a week or two

How did WIS doia initially acquire their first thousand users?

Via an AI tool directory

What was the market validation for WIS doia's idea?

Validation from a tweet that went viral expressing desire for AI flashcards

What prior experience did the founders of WIS doia have?

<p>Experience in education and building in the space for a couple of years</p> Signup and view all the answers

What was significant about the tweet that went viral?

<p>It reached 5k likes and 300K views</p> Signup and view all the answers

What factor led to nearly running out of money before the turning point?

<p>Committing to ideas they felt strongly about without validation</p> Signup and view all the answers

What was identified as the most likely customer group for the influencer marketing on TikTok?

<p>Med students</p> Signup and view all the answers

What was the size of the audience of the successful influencer when the partnerships began?

<p>100K</p> Signup and view all the answers

What type of experimentation did the team focus on for the product?

<p>Funnel, viral growth loops, and social features</p> Signup and view all the answers

What did the speaker's college experience lack?

<p>Autonomy and creativity</p> Signup and view all the answers

What is set to fundamentally change education according to the speaker?

<p>AI</p> Signup and view all the answers

What experience led the speaker to reflect on the importance of integrity and learning from mistakes?

<p>Making an unethical decision to hire people to do his homework</p> Signup and view all the answers

What do companies like Coursera, LinkedIn Learning, and MasterClass lack according to the text?

<p>Motivation and engagement</p> Signup and view all the answers

Who did the speaker seek help from while struggling to apply coding concepts?

<p>Indian guys on YouTube</p> Signup and view all the answers

What are emerging to streamline the learning process and provide personalized assistance according to the speaker?

<p>AI co-pilots and assistants</p> Signup and view all the answers

What is being considered to encourage referrals according to the text?

<p>Rewards such as money or discounts</p> Signup and view all the answers

Study Notes

  • Julian is the founder of WIS doia, an AI-generated flashcards app that recently gained traction on TikTok.
  • WIS doia is a Founders Inc company.
  • Before launching WIS doia, the team went through four pivots and spent over a year iterating, coming close to running out of money.
  • The turning point came when they decided to focus on testing riskiest hypotheses around an idea within a week or two, rather than committing to ideas they felt strongly about.
  • External validation for WIS doia came from a tweet that went viral, expressing a desire for an AI product that could create flashcards from reading materials.- The text discusses the journey of building a startup, specifically in the education sector, using AI.
  • The idea for the startup came from a tweet that went viral with 5k likes and 300K views.
  • The founders, David and the speaker, had prior experience in education and had been building in the space for a couple of years.
  • The market validation of the idea was strong, with a potential customer base of medical students being particularly interested.
  • The initial validation came from reaching out to people who engaged with the tweet and getting positive feedback from them.
  • The first thousand users were acquired through an AI tool directory.
  • The next step was monetization, as determining if people would pay was a significant assumption.
  • Influencer marketing on TikTok was a turning point for the startup, resulting in a significant increase in revenue.
  • Med students were identified as the most likely customers, making targeting them with influencer marketing more effective.
  • The audience of the successful influencer was around 100K when partnerships began.
  • The cost for each video was around $600, resulting in a high return on investment.
  • The ideal balance for learning new skills is to do it yourself but find a good coach for guidance and support.
  • The team for the startup included David and the speaker, two contract engineers, and potential future hires.
  • The contract engineers were exceptional and affordable.
  • Juan, an engineer, was referred and is still learning English, while Leonard is a high school student who found the team on Founders Inc Discord.
  • The experiments for the product focus on the funnel, viral growth loops, and social features.
  • The funnel experimentation involves asking for referrals at different points in the user experience.
  • Rewards, such as money or discounts, have been considered to encourage referrals.
  • The team is also exploring feature gating to incentivize referrals.
  • Quizlet, an educational platform, is an example of successful sharing and SEO.
  • The speaker's college experience was frustrating due to a lack of autonomy and creativity.
  • The speaker made an unethical decision to hire people to do his homework, leading to consequences including a suspended University attendance and rescinded job offer from Goldman Sachs.
  • The experience led the speaker to reflect on the importance of integrity and learning from mistakes.
  • The speaker's growth mindset and determination led to multiple job offers and a startup opportunity.
  • The startup experience was different from the traditional education path but held valuable lessons.
  • AI is set to fundamentally change education by providing personalized, tailored experiences for learners.
  • Companies like Coursera, LinkedIn Learning, and MasterClass have provided access to high-quality education content, but lack motivation and engagement.
  • The next step in education with AI is to actively engage learners and make the learning process fun.
  • The speaker's personal experience with learning to code involved struggling to apply concepts and seeking help from Indian guys on YouTube.
  • The significance of fundamentals and practical experience was emphasized, with formal education filling in the gaps.
  • AI co-pilots and assistants are emerging to streamline the learning process and provide personalized assistance.- The speaker mentions a website that acts as a roadmap for learning, particularly in the context of engineering.
  • Bloom's Taxonomy is a learning science framework with six levels, ranging from remembering to creating new knowledge.
  • The lower order levels of learning include remembering facts and understanding concepts.
  • Higher order levels involve applying, analyzing, and evaluating knowledge.
  • Engaging in higher order learning leads to more effective learning.
  • The speaker acknowledges the challenge of building new knowledge without first understanding one's knowledge gaps.
  • Online and in-person communities can help condense learning and minimize mistakes for those trying to learn or build a company.
  • The speaker's goals for the next year include increasing referral rate, building viral growth loops, becoming profitable, and developing habits such as waking up early and producing music.

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