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15 Steps to Build a $100M+ AI Company (From Someone Who Has Done It)
Description
If you’ve ever thought you’re a great PM and should build something of your own with AI, today’s episode is for you.
Matt, who built a $1B+ AI product company LogRocket, shares the full roadmap on building a $100M company.
Brought to you by:
Miro: The innovation workspace: your team’s canvas
Linear: Plan and build products like the best
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Timestamps:
Introduction - 00:00
Step 1: Build Projects - 01:23
Step 2: Develop Skills - 04:31
Step 3: Find Opportunities - 09:08
Ad: Miro - 10:09 Ad: Amplitude - 11:06
Product Growth Framework - 11:38
Step 4: Build MVP - 12:51
Step 5: Launch Strategy - 13:51
Step 6: Raise Funding - 16:40
Step 7: Growth Channels - 21:15
Step 8: Build Teams - 23:44
Step 9: Hire Executives - 26:21
Ad: Linear - 30:31
PM Workflow Solution - 31:29
Step 10: Funding Growth - 31:30
Step 11: Second Product - 35:29
Step 12: Expand Marketing - 39:28
Step 13: Product Portfolio - 41:53
Step 14: Develop Partnerships - 45:49
Step 15: Global Domination - 48:07
Founder's Lowest Point - 48:52
tarting Today's Advice - 50:12
Closing - 53:06
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Takeaways:
* Start by building lots of projects. Build, build and build, just like Matt did since elementary school. His mobile game hit millions of users while an app he built for introverts failed completely. These hands-on experiences teach you more than any classroom ever could.
* Develop specialized skills. Find your superpower skill combination. It was Matt's coding plus design expertise that created the perfect foundation for LogRocket. So what unique skills can you combine to solve problems others can't?
* Deeply understand a problem domain
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