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this two friends turned a $200 startup into $150,000 Bussiness
In a world where starting a business can be expensive and time-consuming, two friends have shown that it is possible to achieve success with limited resources and a resourceful approach. Sal Aiello and Monica Powers, two friends who met at a virtual startup founder meetup event, used the AI chatbot ChatGPT and an investment of Rs 15,000 to build an AI startup called DimeADozen.
DimeADozen is an AI-powered research tool that helps entrepreneurs test their business ideas. It does this by compiling data from a variety of sources, including social media, search engines, and industry reports, to provide users with a comprehensive analysis of their business idea.
Aiello and Powers developed DimeADozen using ChatGPT by asking the chatbot questions about different business ideas and how to evaluate them. They then used the chatbot’s responses to develop their own AI-powered research tool.
Once DimeADozen was developed, Aiello and Powers launched it as a side hustle. They quickly gained traction with users, and within a few months, they were generating significant revenue.
In 2023, Aiello and Powers decided to sell DimeADozen. They received an offer of $150,000 from a husband-and-wife team who saw the potential of the tool. Aiello and Powers accepted the offer, and DimeADozen is now under new ownership.
The story of Aiello and Powers is an inspiration to entrepreneurs everywhere. It shows that it is possible to achieve success with limited resources, as long as you have a great idea and the determination to make it happen.
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