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Makelogo.ai: From idea to $65,000 exit in 3 months
- radiojasper 4y agoYeah, I don't believe you sold this for $65k - sorry. You just slapped a website on an AI generator? That's not worth 65k? Also there's no single explanation or hype around the inner workings of the product, which makes this look like either utter nonsense or a complete cash grab.
- Jeannen 4y agoWould be dumb from me to make a how-to guide to replicate it considering it was my only source of income, that's why I didn't put details about it And believe me or not, it won't change much
- slimebot80 4y agoAny more details on how you sold this for that amount of money?
- Jeannen 4y agoTotal revenues x2.5
- slimebot80 4y agobut wondering how he or she found the buyer and settled?
- Jeannen 4y agoI used Acquire.com
- 8n4vidtmkvmk 4y ago$0.79 - $1.66/logo seems really high for AI-generated pics. I think it should be like $10 for 100 logos. Maybe $6 for 50. Bundles less than 20 are too small; AI image generation isn't that good yet.
- Jeannen 4y agoThe app generate from 10 to 60 previews, and you can pick 2-6 to convert into HD
- nubinetwork 4y agoIs calling it GTP a meme now?
- stemlord 4y agoThe overall lack of editing made this blog post extremely hard to finish. Sorry, I realize it's an ESL poster. But feeling like I'm reading a lazy vomit-post on top of the fact that this is entirely a hustle-porn self-brag is too much narcissism at once.
- Jeannen 4y agoI write the posts for myself & don't do editing, I just wrote what was in my mind at this current time
- janosdebugs 4y agoSo, this person was working basically non-stop for 3 months to make 65k. Working 12 hours a day for 90 days would yield an hourly rate of roughly 60 USD. Not sure this is sustainable or worth it in the long run.
- marginalia_nu 4y agoDepends on where they live I guess. Cost of living has a big impact. In some places 65k is several years' income, in a few it's enough to retire on.
- unmole 4y ago> a few it's enough to retire on. Assuming a 4% safe withdrawal rate, 65k gives you 2600 USD an year. Moving to a country where that is enough to retire on will mean a significant reduction in standard of living.
- marginalia_nu 4y agoAssuming you didn't start out there
- aix1 4y agoThe blog mentions Bali.
- powerapple 4y agoIf you enjoy it, it is like playing games for 3 months and make 65k.
- bearmode 4y agoThey live in Bali, avg monthly wage is around $900. In that context it sounds pretty good.
- janosdebugs 4y agoAverage across the populace? Or average among IT professionals?
- lionkor 4y agoI think the logos it generates are fun to look at, and probably useful as inspiration or even as a final logo for some smaller projects. I find the writing style a little bit annoying, like reading 3:30am discord message from one of the people I mentor, but I understand it was written as they developed the product? Maybe some editing would have been nice. Maybe using a thesaurus to find some other swearwords to keep it fresh (I'm only half joking). There is something in there which definitely confirms some beliefs I personally had about people who make such kinds of "startup-y" closed source products. Consider the following quotes from the article: > I’m trying to convert a curl I found into an Axios function > some tweaking using chatGTP > hour spent trying to convert TWO LINES OF PYTHON INTO NODE.JS [...] GTP chat can’t even do it > spent 1 hour doing research and using GTP to convert the Python code [...] into node - Commit messages such as "aaazaez" and "aaa" > I even was able to fully set up AWS S3 using ChatGTP > sold the app for $65,000 The next few paragraphs may be a little harsh, but I can't help it. The most surprising part to me was the absolute lack of explanation or even basic excitement about the inner workings of the AI, or any of the technical details in general. To me, this demonstrates a lack of understanding, or even interest, in the core tech of their product. Being able to explain something is generally the number one sign someone understands what they're doing, and this article does nothing but brag and admit to simply feeding everything to ChatGPT. It confirms my belief that some of these startup-y products, with their shiny UIs, are likely complete and utter horseshit in terms of testability, readability, and likely only work at all because of very lenient tooling and a lick of luck. There are a lot of things one could have spent time on during the development of such a product, but really, it shouldn't be "converting python to node" for multiple hours, especially when the core AI part took ~5 hours. It's easy to say when you, like me, have never launched a product that made 65k, but it also is not something you (the possibly unqualified reader) should base your workflow off of. It's very impressive that it worked for them, and that they were able to capitalize on it, and I think 65k can be a load of money depending on where you live. Don't let this cloud your judgement in thinking you can build a high quality app that will actually last more than one major dependency update into the future. Whoever bought it for 65k either 1) has the money to throw away, or 2) got shafted.
- Jeannen 4y agoMainly wrote the blog for myself, so I don't put any formatting or try to make it looks nice haha I don't give much details about the AI part because it would have been dumb to make a how-to showing how people can replicate the app And yes, my code is prob terrible, I learned to code last May, I'm fine with it, as long as the app works As for the buyer, I'm under NDA so I can't give details, but he has a very good vision for the app and the skills necessary to improve it. It's faster to buy an app already generating revenues and with data than starting one from 0
- RamblingCTO 4y agoI feel like due to chatGPT the software world will see lots of money-grab schemes and low-effort garbage. Pretty sad, we have enough of that already.
- j0hnyl 4y agoNot anymore than it has already imo.
- yieldcrv 4y agoThats pretty cool, its good that you exited, I currently use Midjourney’s AI for my logos instead of paying someone a few hundred bucks on fiverr and waiting a week for the first draft. I just prompt Midjourney “in style of logo” I also pay $8/month but only because I believe I’ll render that many things, which hasnt currently been true But does this export as vector? That could have value. If not, your app is something my mom could use, while midjourney is not. because she would have to “learn” discord and lose interest far before that.
- Jeannen 4y agoYes, Midjourney is amazing for that, such a shame there is no API haha And yes, the app render vectors :) Agreed on the "mom" part. Tbh anyone could generate logos using different AI models, but the main point of the app is to offer a simplified experience
- latexr 4y agoWebsites that spit out “logos” are a dime a dozen. What all of them fail to understand is that a logo is not just an icon that you aesthetically like, it’s a communication tool. A logo is not for the CEO, it’s for the customers. These tools do a huge disservice to the businesses who pay for them by selling a bland generic icon which means nothing and has no personality. But then again, I no longer have the strength or will to fight against the poor design decisions of others. I’m glad I left that world. Now it’s the era of the AI grift, where every low effort startup which can be made with AI will be made with AI. As long as there’s fast money to be made at the end, everything else is pushed aside. I remember when the norm was “I made this cool thing and had interesting challenges along the way”. Now it’s “I don’t really understand how I made this, but it made me money”.
- Jeannen 4y agoI launched more than 30 projects, some successful, other not, and I can tell you, when you're starting out, the logo does not matter at all. The name and domain either. Once you have some validation, sure! But before that, bothering with a designer-tier logo is a waste of time & money. The app is aimed at small indie makers who don't have time/budget for a designer, but don't want a generic vector from flaticons and others :)
- latexr 4y agoYou’re contradicting yourself. If the logo doesn’t matter, then using a generic vector isn’t a problem. In fact, it is better than paying for any “logo maker” because it’s free! I have no qualms with companies starting out and using something generic to make due, as long as they understand the difference. But the dozens of logo maker websites including yours all sell themselves as if they’re the same as a custom logo, and they’re not. Also, the name and domain do matter. I’ve seen projects fail because they inadvertently named themselves after a negative word in another language.
- Jeannen 4y agoI agree to disagree!
- thiscatis 4y agoI guess this is the new iteration in the “outsource the actual work to Philippines or India”-cash grab “startup”.
- MagicMoonlight 4y agoI don’t really think slapping a UI on someone else’s library and then pumping and dumping it is that impressive.
- Jeannen 4y agoIt's really not indeed
- sharemywin 4y agowhat does this mean? 23:30 Lol “quick test”. Well, I found another way to make nice logos. It’s not what I planned at the begining but it will do the trick in the meantime I imagine. Bed, and tomorrow, let’s test the workflow.
- sharemywin 4y agoI actually don't mind the style.