#354 - I Asked ChatGPT How To Get to $1M ARR!
Description
I interview ChatGPT (calling it Alex) and challenge it to create a roadmap from zero skills to $1M ARR in five years. We break down the best skills to learn (coding, sales), how to choose a profitable niche, and why B2B SaaS for remote creative collaboration is a strong bet. I dive into practical steps: market research, MVP building, pricing, and B2B outreach. I reflect on sales cycles, pricing strategy, and the impact of AI tools on entrepreneurship. I question bootstrapping, validation, and staying ahead as the landscape rapidly evolves.
Timestamps by PodSqueeze
Introduction and Episode Setup (00:00:00 )
Naming ChatGPT and Framing the Challenge (00:02:09 )
Defining “Rich” and Setting the Revenue Goal (00:03:10 )
Defining the Starting Point and Essential Skills (00:04:03 )
Learning to Code in the Age of AI (00:05:56 )
Timeline for Learning Coding Skills (00:07:09 )
Sales as an Alternative Path (00:08:02 )
Combining Skills and Setting the Five-Year Plan (00:09:22 )
Market Selection and Research (00:09:44 )
Examples of Promising Markets (00:10:58 )
Evaluating and Sizing a Market (00:12:01 )
How to Research and Validate a Market (00:13:01 )
Choosing the Best Market Right Now (00:14:06 )
Existing Tools in the Remote Work Space (00:14:43 )
Framework for Finding Opportunities in Remote Work (00:15:17 )
Selecting a Specific Problem to Solve (00:16:20 )
Zeroing in on a Concrete Product Idea (00:17:33 )
Distribution and Go-to-Market Strategy (00:18:13 )
Targeting and Reaching Decision Makers (00:19:19 )
Preparation Timeline for Outreach (00:21:02 )
Warming Up Specific Contacts (00:21:26 )
Example Target Companies (00:22:06 )
Pricing Strategy for B2B SaaS (00:22:48 )
Justifying Tiered Pricing (00:24:14 )
Timeline to Reach 1 Million IRR (00:25:09 )
Step-by-Step Action Plan (00:26:33 )
Closing and Reflections (00:28:03 )
Final Thoughts and Outro (00:36:07 )








