Overview
Nichesss, founded by Malcolm Tyson, is an AI-powered app that helps users generate business ideas and create various content types using GPT-3 technology. The business generates around $30,000 a month, appealing to a user base that includes copywriters, small businesses, and marketing agencies. Malcolm, a self-taught programmer, leveraged his skills to create and scale Nichesss without external funding, focusing on affordability and quality.
Unique Aspect
Nichesss stands out for its affordability and the ability to generate a wide range of content, from blog posts and ads to social media posts, using advanced AI technology.
Approach to kick off
The development process involved utilizing GPT-3 for content generation, with a focus on user-friendly design and minimal inputs. Malcolm used his programming and design skills to build the MVP himself, keeping startup costs low.
Scoop
Business Model ViabilityNichesss demonstrates a viable business model, combining AI technology with a focus on content creation, catering to a growing need for efficient and affordable content generation tools.
Future Projections
Plans include developing tools for creating monetizable content like courses or e-books, possibly integrating a revenue-sharing model for content sales.
Startup Stats
📊 ARR: $360,000
📈 MRR: $30,000
🚀 Startup Costs: $50
👥 Team Size: 1
🌍 Market: Targeting copywriters, small businesses, and marketing agencies
👨💻 Users: Copywriters, small businesses, marketing agencies
💰 Funding: Self-funded
👨💼 Founders: Malcolm Tyson
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