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The Bootstrapped Founder - 305: AI Hype — The Straight Line Bias and the Fear of not Keeping Up
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305: AI Hype — The Straight Line Bias and the Fear of not Keeping Up

The Bootstrapped Founder

03/22/24

22m

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“If this tech keeps developing as fast as it does right now, will I ever be able to catch up?” is a question on my mind and the minds of many founders I’ve been talking to recently.

So, what about AI should we focus on? Where will this tech slow down, where will it speed up even more, and what should we focus on for our businesses?

This episode is sponsored by Acquire.com

The blog post: https://thebootstrappedfounder.com/ai-hype-the-straight-line-bias-and-the-fear-of-not-keeping-up/

The podcast episode: https://tbf.fm/episodes/305-ai-hype-the-straight-line-bias-and-the-fear-of-not-keeping-up

Check out Podscan to get alerts when you're mentioned on podcasts: https://podscan.fm
Send me a voicemail on Podline: https://podline.fm/arvid

You'll find my weekly article on my blog: https://thebootstrappedfounder.com

Podcast: https://thebootstrappedfounder.com/podcast

Newsletter: https://thebootstrappedfounder.com/newsletter

My book Zero to Sold: https://zerotosold.com/

My book The Embedded Entrepreneur: https://embeddedentrepreneur.com/

My course Find Your Following: https://findyourfollowing.com

Here are a few tools I use. Using my affiliate links will support my work at no additional cost to you.
- Notion (which I use to organize, write, coordinate, and archive my podcast + newsletter): https://affiliate.notion.so/465mv1536drx
- Riverside.fm (that's what I recorded this episode with): https://riverside.fm/?via=arvid
- TweetHunter (for speedy scheduling and writing Tweets): http://tweethunter.io/?via=arvid
- HypeFury (for massive Twitter analytics and scheduling): https://hypefury.com/?via=arvid60
- AudioPen (for taking voice notes and getting amazing summaries): https://audiopen.ai/?aff=PXErZ
- Descript (for word-based video editing, subtitles, and clips): https://www.descript.com/?lmref=3cf39Q
- ConvertKit (for email lists, newsletters, even finding sponsors): https://convertkit.com?lmref=bN9CZw

Previous Episode

Tyler Tringas (@tylertringas) invests in bootstrapped businesses. Wait... Aren't those supposed to NOT take investment money? What's going on here?

Alignment is what's going on. Where traditional VC's often have very different goals from founders, funds like Tyler's Calm Company Fund focus on helping niche software businesses that don't chase hypergrowth. Instead, Tyler supports those who want to build calm and profitable ventures. You know, the regular kind of business. The one that focuses on making money.

In our chat, we dive into how bootstrapping and investment go together, how a fund manager makes investment decisions, why NoCode is a massive business accelerator and how the Calm Fund has adapted over its 5-year history.

Tyler on Twitter: https://twitter.com/tylertringas

00:00:00 Sustainable Businesses With Calm Company Fund
00:07:53 Rethinking Valuations and Company Building
00:18:04 Investment Strategy and Sustainability
00:25:33 Challenges and Opportunities in Fund Mentoring
00:29:31 Challenges of Saying No to Founders
00:34:36 Investor Alignment and Profit Sharing
00:44:51 Exploring AI and No-Code Tools
00:51:10 Navigating the Future of Calm Companies

This episode is sponsored by Acquire.com

The blog post: https://thebootstrappedfounder.com/tyler-tringas-investing-in-bootstrapped-saas/

The podcast episode: https://tbf.fm/episodes/304-tyler-tringas-investing-in-bootstrapped-saas

The video: https://youtu.be/K-TZXmN2kJs

You'll find my weekly article on my blog: https://thebootstrappedfounder.com

Podcast: https://thebootstrappedfounder.com/podcast

Newsletter: https://thebootstrappedfounder.com/newsletter

My book Zero to Sold: https://zerotosold.com/

My book The Embedded Entrepreneur: https://embeddedentrepreneur.com/

My course Find Your Following: https://findyourfollowing.com

Here are a few tools I use. Using my affiliate links will support my work at no additional cost to you.
- Notion (which I use to organize, write, coordinate, and archive my podcast + newsletter): https://affiliate.notion.so/465mv1536drx
- Riverside.fm (that's what I recorded this episode with): https://riverside.fm/?via=arvid
- TweetHunter (for speedy scheduling and writing Tweets): http://tweethunter.io/?via=arvid
- HypeFury (for massive Twitter analytics and scheduling): https://hypefury.com/?via=arvid60
- AudioPen (for taking voice notes and getting amazing summaries): https://audiopen.ai/?aff=PXErZ
- Descript (for word-based video editing, subtitles, and clips): https://www.descript.com/?lmref=3cf39Q
- ConvertKit (for email lists, newsletters, even finding sponsors): https://convertkit.com?lmref=bN9CZw

Next Episode

Johannes Radig (@joradig) runs a SaaS from the Canary Islands — the most recent stop on a globe-spanning digital nomad trip. Johannes and I chat about building a software business for agencies, how hard it is to find just the right prices, and what traditional marketing efforts can do for indie hackers.

We dive into Leadsie, the social media onboarding SaaS he co-founded, and how it is built as a calm and profitable business.

Also, we both grew up in the same city. And now we live on opposites sides of the world. Here's two indie hackers catching up:

Johannes on Twitter: https://twitter.com/joradig

00:00:00 The Voyage

00:10:34 Entrepreneurial Journey and Startup Shift

00:24:06 Pricing Strategy for Startup Growth

00:29:57 Entrepreneurial Risk Assessment and Platform Stacking

00:40:42 Building Relationships Through Job Needs

This episode is sponsored by Acquire.com

The blog post: https://thebootstrappedfounder.com/johannes-radig-traveling-the-world-and-raising-prices/

The podcast episode: https://tbf.fm/episodes/306-johannes-radig-traveling-the-world-and-raising-prices

The video: https://youtu.be/QDk2rbr72sk

You'll find my weekly article on my blog: https://thebootstrappedfounder.com

Podcast: https://thebootstrappedfounder.com/podcast

Newsletter: https://thebootstrappedfounder.com/newsletter

My book Zero to Sold: https://zerotosold.com/

My book The Embedded Entrepreneur: https://embeddedentrepreneur.com/

My course Find Your Following: https://findyourfollowing.com

Here are a few tools I use. Using my affiliate links will support my work at no additional cost to you.
- Notion (which I use to organize, write, coordinate, and archive my podcast + newsletter): https://affiliate.notion.so/465mv1536drx
- Riverside.fm (that's what I recorded this episode with): https://riverside.fm/?via=arvid
- TweetHunter (for speedy scheduling and writing Tweets): http://tweethunter.io/?via=arvid
- HypeFury (for massive Twitter analytics and scheduling): https://hypefury.com/?via=arvid60
- AudioPen (for taking voice notes and getting amazing summaries): https://audiopen.ai/?aff=PXErZ
- Descript (for word-based video editing, subtitles, and clips): https://www.descript.com/?lmref=3cf39Q
- ConvertKit (for email lists, newsletters, even finding sponsors): https://convertkit.com?lmref=bN9CZw

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