I Turned $150 into $2M/Year

[@nirajshuklaNL]

I read the comments first to make sure the entrepreneur isn't selling a course.

[@AA-ex3fv]

I love this comment, I always do the same

[@VikingMarketer]

Lol what's the issue with selling a course?

[@nirajshuklaNL]

@@VikingMarketer when it’s masked as something else, it becomes a waste of time to watch.

[@FragranceCraft]

Everybody sells courses now ... I sell perfume 😂 ​@@VikingMarketer

[@tdmbusiness5296]

@@nirajshuklaNL this is a safe place. Never seen a course ad. Great content to relate to and get inspiration. They do have a lead magnet in the description but I don’t know what they sell after that. I like their style.

[@alexenax1109]

This channel is one of the best thing out there! You will arrive to 10M subscribers easily!

[@starterstory]

We won't stop til we get there!

[@bollvigblack]

and after you stop? ​@@starterstory

[@azpwnz7]

Jozef, thank you for sharing your story and being open and honest! Good stuff! 🏰👑

[@yanafridabinaev]

Another amazing story! Thanks for sharing!

[@monbeauparfum1452]

$100k per month on marketing is insane.

[@MaXXXimus1984]

they run on very little margins, 50/60% on marketing means that it's full of competitors out there and you have to pay that amount to win costumers - as soon as a competitor step in with a cheaper product they will go brankrupt

[@robert301990]

With more organic, the ad spent will lower too. Clever dude!

[@gavinwiener]

@@MaXXXimus1984 Probably going for the exit

[@ManTeera]

The competition is real... That's why it's expensive 😢

[@Bakmandour]

Your content would be AWESOME as podcasts as well ! Thank you for all these stories.

[@JACEMADE]

Great interview! Jozef is an absolute beast in the industry

[@NHaider2024]

Big part of this story is that he took years to improve his coding skills before building this business

[@erikmaguina1]

This is true 👍

[@Warpgatez]

That’s a given with all of these cases… why the heck do people come to these videos assuming the people in these videos haven’t been programming for a long time???? On every video… “he didn’t do that in 5 hours. He spent years learning how to program”.

[@ray-mc-l]

I'm impressed by the speed of revenue growth. His numbers make me worried though. They're spending half their money on marketing and their churn is over 50%. Maybe they should slow down and make it stickier instead of burning through all their potential customers. The net margin is shockingly bad for a SaaS.

[@wedaj]

plus its a feature if chat-gpt implemented this feature ......

[@stealthgpt]

Hey Ray, Joe over here. Really appreciate the feedback. The way we spend on marketing is a sliding scale to limit stagnation and put an emphasis on growth. These are soft spend numbers, meaning at any time we can dial it down. We can get much greater margins but the focus right now is on growth and seeing where the plateau phase is. Once we get to a higher position we will likely dial marketing spend back. That's the gameplan! :)

[@ray-mc-l]

@@stealthgpt I wish you the best. If I was you I'd look into using programmatic SEO as a long term marketing strategy. That could potentially increase your growth and margins at the same time.

[@stealthgpt]

@@ray-mc-l I appreciate that. We have been working to do that. Great minds! Also we are bringing in some experts to help optimize our marketing channels. I've been in digital marketing for as long as I've been running Stealth. It's been good so far, but now time to go for the big leagues!

[@hornedgod2873]

@@stealthgptInteresting insight. Thank you for taking the time to engage.

[@SinlessDays]

Thank you for sharing your story. Great insights

[@HellmansKitchen]

This is another great video, which we should all be able to pick out some choice nuggets of wisdom. Keep on doin what you're doing. I appreciate your hard work!

[@MrDonald911]

AI engineer here and spoiler alert: this guy did not come up with a way to detect if text is AI generated or not. Even PhDs from MIT did not come up with a way to do that. I hope he'll team up with real AI scientists and researchers to find an effective way to do that, otherwise this is just a pipe dream IMO and sooner or later people will realize that.

[@GGTanguera]

My thoughts exactly. He would need a PhD in linguistics as well as MIT 😅

[@noisycarlos]

That's why most of the revenue goes into marketing

[@StingSting844]

It doesnt matter. He makes 2Million a year

[@Omikoshi78]

Can he be liable if he’s too dumb to comprehend that what he’s doing is probably fraud?

[@bubblybull2463]

Why would you take for granted that he didn’t crack the nut? Have you tried the product? If you’re calling him a fraud without proof, you know you’re liable for libel or defamation?

[@JustPassingByBaby]

Got a loan from my father. Made chatgpt wrapper. Done.

[@stealthgpt]

Hey, Joe here. The loan mentioned was a $5k loan from my father for my first business in 2017 that failed. For StealthGPT I did not get a loan from any family. It was built off a $150 personal loan from myself. $150 for the web domain. Also not a chatgpt wrapper. Its a lot more complicated than that :)

[@ExNihilo634]

@@stealthgptThanks for clarifying Joe. Keep up the good work 🎉

[@fluiddynamics389]

@@stealthgpt does it use chatgpt or any of those type sites under the hood

[@ManKidCS]

@@stealthgpt don't kid yourself.

[@yehaa00]

That's a skill to make chatgpt wrapper sells

[@tanzeelghori2959]

Amazed to find this channel, in few years you'll be calling me XD

[@eahefnawy]

It's incredible how you defied two of the most commonly advised principles of starting a startup and still succeeded: 1. Talk to your users before building the MVP. 2. Avoid relying on ads for marketing. Just goes to show that sometimes, breaking the rules can lead to success!

[@REDSCORPIONFX]

I respect how he wasn't trying to go to his mom and dad even tho he had to.

[@jerrysalo2735]

I love your video-- Great info

[@sedavaio]

Great channel with great videos. We wish the best and a lot of luck to all startups out there. We're a startup too so we know the pain and pleasure of building something.

[@BruceLee-tm3cg]

If I managed to build a business with such revenue, the last thing I would do is telling everybody I did it.

[@ReeInvesting]

scarcity mindset right there. i am a sharer, so i sure would!

[@amanag1273]

Same

[@amanag1273]

If you re making lot of money and nobody knows or little knows about it you can make it real big

[@nonefvnfvnjnjnjevjenjvonej3384]

What a horrible horrible business. To help spammers masquerade as legitimate writing. No wonder the world is turning into utter shit. People have lost all morality. The fact that this channel celebrates this is even more crazy. I just can't believe I am the only one who finds this troubling.

[@Pug106gti]

This is more like what I subbed for. Even earlier stages would be awesome. Thanks for the great content! Would be awesome if you'd consider a documentary of someone starting from the basics. Anyways, thanks for starting Starter Story :)

[@sahbazxlilli5125]

This was great conversation

[@user-qk9yi6ro4s]

Dude, I love how up front there was a numbers break down.

[@gregfish_]

The zoom on the manga 💀

[@rubyvids8857]

Solopreneur lol we have turned into a society of catchphrases and labels. He's an entrepreneur, just call it what it is and he keeps saying "We" he isn't alone and its not possible to get anywhere in life completely alone. That's the beauty of the journey.

[@DavidGaines26]

Alright! Let’s make some money!

[@realshituations]

I have a couple hundred to start with so maybe I can get there quicker!

[@osamedeuzzi3978]

He spends 160k a month, which is 1.92M a year, but makes 2M a year. what is this nonsense.

[@timokohler312]

pretty normal if you are scaling a business. I guess his salary is included in the payroll section

[@ManKidCS]

what do you expect from a crypo bro running a GPT wrapper business.

[@aryankumar87771]

@@ManKidCS it's the title that is wrong, he makes around 300k a year profit and $2.4M Revenue

[@ManKidCS]

@@aryankumar87771 yes, but spending $160k a month to develop a GPT wrapper is insanity.

[@freeestyleobsessed]

😂😂😂

[@HystericallySerious-lol]

Interesting video, good luck with your business in the future. Stay "SERIOUS" 😆

[@GL33T]

Key take away ... have rich parents who will invest in you & also bail you out of trouble

[@qwertzxc1478963]

I hope we could see more video like the last. People with 1-2 person building profitable biz 70%+ margin. Not people build a team and barely make profit. Profit is still important after all since we are not doing VC backed business, cash flow is still the only indicator of the level of success. What’s the point of running 6 people team and earn money that’s less than working in big tech.

[@HoNewerth]

why does he need 7 employees for a business that seems to run itself? Just curious

[@SwaeTech]

Administration, customer support, marketing, app maintenance and new features

[@DavidAmodt]

Got taken down by cfpb enough said. Second company sounds sketch with a ton of marketing

[@viewbox8794]

All about selling course most people making good money wont want competition.

[@user-ah0]

great that he is making enough profit with spending money for growth.

[@jjam3774]

I wish black folk would get into technology... you never hear anyone from the African or African American community linking up with friends and starting an online business

[@MostlyPeacefulNinja]

We out here 👍🏾

[@amerrashed6287]

100k for marketing!! More than the operating expenses!!

[@sutats]

Sounded like the authorities almost got him to the situation of self deleting.

[@ManKidCS]

let's be clear, it was entirely his own doing. the "authorities", the fact he had to settle means that something was going on - even though that was brushed off.

[@ADHDGarageKitchen]

my adhd crippling me , i wish i can find a place to pour the ideas for anyone to use

[@ridabrahim7604]

I can say one thing, milk your SaaS and leave because it won't last forever

[@almaogbonna4025]

People should be careful with people claiminG the make money on this comment section.. these are bunch of criminals trying to rip people off

[@jd2161]

I stop listening when the hardest hurdle for most people is just bypassed. His parents are loaded. He had almost no risk

[@paul-towers]

These videos used to be so good but man they have gone downhill fast.

[@starterstory]

Why's that?

[@paul-towers]

Well in this video you say the “guy barely knew how to code” but the guy started coding straight out of college and “took a few years to learn how to code”. So someone who hears the intro line thinks that they can get started relatively quick, yet in reality it’s years of effort to get to the level required to be someone competent as a dev. Then their retention is terrible. It’s taken them 15 months to get here, and they have had 20,000 paid subs total, but now only have 8,500 current. So averaged out over a 12 month period their retention rate is like 50%. Compared to standard industry benchmarks this is nowhere near sustainable. Then finally I think it’s important to know that his business idea isn’t overly defensible like he presents. If the AI checkers get better his value prop disappears. If the AI platforms themselves get better at writing content that can’t be detected as AI generated his idea is also toast. So I wouldn’t “follow him to make millions”

[@qwertzxc1478963]

Agree. And I assume making 1M or 200k/mo in title is saying profit not revenue. Making a 200k/mo revenue business but only 10k-30k/mo profit is not equal to a 200k/mo biz. Pretty much every soloprenuer can do 10k+ profit.

[@starterstory]

​ @paul-towers Thanks for the feedback. But it does feel like you are trying hard to point out the flaws in his business. All businesses have flaws. My business has flaws. Billion dollar public companies have flaws. That is what building businesses is all about - building something and trying to patch up the flaws along the way, which Jozef and his team seemed to be doing when I met them. I hope these videos allow people to get a closer peak into businesses like these so it can help you make decisions about your own business. Jozef shared profit numbers, which he didn't have to.

[@paul-towers]

@@starterstory I get that but equally I have watched every one of your videos, so I’m supporting your business. So I’m giving feedback that I still feel is valid, and the likes on my comments would suggest other people have similar views. Perhaps if the video was framed differently, instead of here’s a guy making 2m to here’s a guy who’s started a business that is seeing early signs of traction it would be more representative of where he’s at. Then you basically have videos covering people at the start of their journey and a separate series on those who have got past those stages and have built something that has proven to be successful over time. Anyway just my 2 cents

[@Kiloksks]

Moral of the story, have rich parents.

[@Laloloop]

This guy sounds like a major bluff

[@Laloloop]

If he's a solo performer, why does he keep speaking about "WE" as a group? Who the hell are "we"?

[@ClackySolutions]

we we're looking for the starterstory file that you said it was free, but we can't find it!

[@samatech8853]

Inspiring

[@rajikkali2381]

Great, now college students can pay thousands for university classes, pay chatGpt to write their papers, then pay this guy to make them undetectable. What a society we live in.

[@IAenCavale]

At 7:11 either showed us a password or the guy just typed random stuff haha

[@Editnamehere]

For those reasons im out.

[@rosemarykelley4235]

the website shows FORBIDDEN LINK.

[@Peter-ik9fz]

Besides the criticisms in the other comments about the numbers of the business, I'm surprised no one mentioned anything about the ethics of the service they offer. What are some legitimate use cases for this tool that helps to avoid A.I. detection, other than just aiding content spammers and students who don't want to write their essays? I know a lot of business don't care about ethics, but it's probably not a good idea to promote businesses with questionable ethics as success stories or at least ask them about it in the interviews. Also his advice is good about "think about problems in your life" for business ideas, but the interview failed to explain how the A.I. detection was a problem in his life.

[@MaXXXimus1984]

I completely agree - Coming next on Starter Story "he started from nothing, now is heading a multinational multibillion empire in drugs - meet the Narco boss", "he make 100million by email marketing, meet the Nigerian IT fraudster", "he earns millions by high-paying tickets, meet the Russian Hacker genius" and many more

[@user-ah0]

AI detecting service is way more evil. because they cannot detect AI.

[@ronibelson]

@@MaXXXimus1984 😄

[@mireilleroy637]

I'd like to know more about Phil from TikTok he is talking about, thanks!

[@emilyvictoria7789]

best story on the channel 👍🏻👍🏻

[@elissitdesign]

The financials are crazy!

[@CoreyHinde]

Huge churn.....

[@richardgusmao1892]

It's crazy. I had this idea yesterday and I thought it would be very cool and could make me some money. And today when I opened KZbin, this was the first video I watched

[@vladonutueu]

It’s a coincidence indeed, but the algos surely know what we think

[@helloworldcsofficial]

Everyone jelly in the comments. At least he is doing something.

[@aljox5566]

another GPT Wrapper ? damn

[@starterstory]

99% of startups raising money right now 🤣follow the money!

[@kevin_money]

Clickbait title is pretty lame

[@alexandrumih]

News about AI startup should mention upfront if the startup is just reselling the OpenAI api at a higher price or not.

[@starterstory]

99% of AI startups do this. You can get mad, or you can get rich.

[@robert301990]

It’s normal, any business is reselling in some form. Be inspired if he can do that with just a “wrapper”, imagine what you can do!

[@user-ah0]

not reselling. Any software company is reselling AWS by your logic lol.

[@alexandrumih]

@@starterstory then it's funny that anyone with basic http api integration knowledge can label himself as an AI startup founder.

[@alexandrumih]

@@user-ah0 if your core product is infrastructure and you're using AWS to deliver that, then you're a reseller. if AWS is just your infrastructure provider for an innovative product that is not related to hosting, you're not a reseller. lol.

[@col8325]

With those costs and the competition in AI, you need to exit fast unless you are backed by 100s of millions in investment as you simply won't last. Sell Sell Sell.

[@nijario9690]

True! And a.i is becoming more and more hard to detect. His business idea was good but soon it'll be useless

[@nijario9690]

Gpt-5 is coming this winter

[@nijario9690]

His business Will die this winter with the release of gpt-5

[@Brad-d7p]

Still why he make a KZbin video. Real business men just keep rolling.

[@danicunhac]

So he knew how to code since he studied

[@bricetrophardy]

Revenue: $200k Profit: $10-30k Ok, bye

[@craigscott4205]

Some IPO'd companies are still not profitable? Where's the eye roll

[@vladonutueu]

@@craigscott4205 honestly speaking those companies have a lot of market share, which is valuable by itself as it can be monetised.

[@Pl-qq4yl]

Paul , like your vids , but the only things , you are showing too much your legs , shorts should not be an option and the way you always sit with your guests.

[@starterstory]

🤣

[@chatwhisperer]

Next time might see some 🌰s poping out….Pat aka paul, is setting up his next interviews, onlyfan millionaires 😂

[@chartwestcott7170]

Proud to be a very early investor.

[@stealthgpt]

👑👑👑

[@fluiddynamics389]

he defrauded his last investors, so I'd say it's time to sell

[@nonefvnfvnjnjnjevjenjvonej3384]

@@fluiddynamics389 Chart Westcott is a fraudulent investor too so I am sure they are in cahoots to defraud the other investors.

[@Cant_find_good_Handle]

nice idea!!!

[@explicamen]

How success as a scam

[@Aidbase]

Oh! I know this guy 🤩 He's an Aidbase customer!

[@JakubSK]

I’m sure you did😂

[@folatech4404]

nice info

[@GraphicHut]

Does anyone know how to turn off this bullshit detector? It’s going off like crazy.

[@NockYT]

Dude is an absolute scam artist. Crypto scheme says everything there is to know about him.

[@Simon-lk6ky]

Finally a real story!

[@ReeInvesting]

nice!

[@jpanic2]

can your parents help me?

[@JohnDoe_1483]

Interesting stuff. Crazy where AI is going

[@danielayesnu2537]

Oh wow

[@Resideline]

Another course video 😅

[@1littlecoder]

06:36 no disrespect. But even Research factories like openai could not crack ai generation 100%

[@freeestyleobsessed]

So you borrowed all the money from your parents to start the crypto business the crypto business went belly up you got sued by the government and lost and had a $400,000 judgment then you borrowed more money from your parents to pay back portion of the settlement and you’re still paying back the settlement today and now you’re running a business that uses 100% of its money to acquire more customers and if anything happens like a fart in the wind that business is going to collapse and you’re probably going to owe a ton of money to everybody again Maybe it’s time to find another path

[@Thomas_jeba]

What api

[@pauljones7798]

Wow! I Turned $150 into $2M/Year. I love this Starter Story. But how to achieve that success story?????????

[@nwilt7114]

So basically, he made a product for scammers, cheaters, and overall fake people. 🙄

[@starterstory]

Negative way of looking at it. Good entrepreneurs build products that the market wants.

[@differencebetween6823]

Loads of lies guys. Stay away

[@user-kt1iz4vc3x]

for some reason I don't believe this guy

[@alexmartin2191]

Solopreneur? 6 people?

[@PeterTadeush]

wow

[@قناةالنورللإنتاجالدعوي]

🥰🥰🥰

[@SlickRick0722]

Nice

[@strauss7151]

The spend and the churn are too high.

[@joelt1616]

His expenses are killing him. It’s unsustainable in its current iteration. He’s barely bringing home a check for himself! His isn’t a starter story it’s a shit story.

[@chrsl3]

❤

[@Eugene_Liu304]

im more interested his crypt business

[@fluiddynamics389]

Yeah it was called J Squared LLC. You can find more details about the feds going after him for defrauding investors

[@bouncypeople8749]

Why is this guy crying about having parents who had the money to help him get through his government issue?

[@emilyvictoria7789]

He’s just showing gratitude to his parents 💀

[@Growsyco]

1st comment like me

[@johnjohnes698]

*has parents who can borrow him hundreds of thousands mmmkay

[@divyv20]

Hey , Starter Really nice video ! I was wondering if I could help you with more Quality Editing in your videos and also make a highly engaging Thumbnail and also help you with the overall youtube strategy and growth ! Pls let me know what do you think ?