Podcast
Questions and Answers
What was the turning point for the team behind WIS doia?
What was the turning point for the team behind WIS doia?
What was the initial market validation for WIS doia?
What was the initial market validation for WIS doia?
How did Julian's team approach the idea iteration process before the turning point?
How did Julian's team approach the idea iteration process before the turning point?
Where did the founders get external validation for WIS doia?
Where did the founders get external validation for WIS doia?
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How were the first thousand users acquired for WIS doia?
How were the first thousand users acquired for WIS doia?
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What was the significant assumption in the next step for WIS doia?
What was the significant assumption in the next step for WIS doia?
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What was the turning point for the WIS doia team?
What was the turning point for the WIS doia team?
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Where did the initial market validation for WIS doia come from?
Where did the initial market validation for WIS doia come from?
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How did the WIS doia team acquire the first thousand users?
How did the WIS doia team acquire the first thousand users?
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What was the significant assumption related to the next step for WIS doia?
What was the significant assumption related to the next step for WIS doia?
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Who is the founder of WIS doia?
Who is the founder of WIS doia?
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What sector is WIS doia operating in?
What sector is WIS doia operating in?
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What was identified as the most likely customer group for the startup?
What was identified as the most likely customer group for the startup?
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What size was the audience of the successful influencer when partnerships began?
What size was the audience of the successful influencer when partnerships began?
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What type of experimentation did the team focus on for the product?
What type of experimentation did the team focus on for the product?
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Which companies have provided access to high-quality education content according to the text?
Which companies have provided access to high-quality education content according to the text?
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What was the consequence of the speaker's unethical decision during college?
What was the consequence of the speaker's unethical decision during college?
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What is set to fundamentally change education according to the text?
What is set to fundamentally change education according to the text?
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What is emerging to provide personalized assistance in the learning process?
What is emerging to provide personalized assistance in the learning process?
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What did the speaker emphasize about learning to code based on personal experience?
What did the speaker emphasize about learning to code based on personal experience?
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What did the speaker reflect on as important after a frustrating college experience?
What did the speaker reflect on as important after a frustrating college experience?
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What type of rewards were considered to encourage referrals according to the text?
What type of rewards were considered to encourage referrals according to the text?
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What was the turning point for the startup's significant increase in revenue?
What was the turning point for the startup's significant increase in revenue?
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Who were identified as the most likely customers for the startup?
Who were identified as the most likely customers for the startup?
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What was the audience size of the successful influencer when partnerships began?
What was the audience size of the successful influencer when partnerships began?
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What type of experimentation does the startup focus on for the product?
What type of experimentation does the startup focus on for the product?
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What did the speaker emphasize as the ideal balance for learning new skills?
What did the speaker emphasize as the ideal balance for learning new skills?
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What unethical decision did the speaker make during their college experience?
What unethical decision did the speaker make during their college experience?
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What is set to fundamentally change education according to the speaker?
What is set to fundamentally change education according to the speaker?
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Which companies are mentioned as providing access to high-quality education content?
Which companies are mentioned as providing access to high-quality education content?
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What did the speaker struggle with while learning to code?
What did the speaker struggle with while learning to code?
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What is emerging to streamline the learning process and provide personalized assistance?
What is emerging to streamline the learning process and provide personalized assistance?
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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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Description
Explore the journey of building a startup in the education sector, focusing on AI-generated flashcards, market validation, influencer marketing, team building, experimentation, ethics, growth mindset, and the future impact of AI in education. Gain insights into the challenges, lessons, and aspirations of the startup speaker.
