Has anyone here built a profitable AI-based business yet?

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In my opinion the ones i have seen actually make money didn't start a "AI startups", they were solving a real problem first and then used ai on top to improve their efficiency or make it "smart" so to speak. In my case for example, we use AI in quick commerce to automate driver assignments and generate product descriptions. It isn't fancy but it does save us serious time and $$.

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I have built a vibe coding platform for business apps in 2024. Had some good traction giving it to the public and enabling them to build what they want. But I have learnt that vibing doesn’t work in the longer run. They could not distribute the half baked products confidently to a user base that demanded solid products. So we stepped in and changed it to outbound sales and handholding. We did cold email and found high value clients whom we helped create fully functioning web and mobile apps in less than 1 month of time. Then the revenue started flowing in. If we had stayed in the marketing the platform as a SaaS tool we would have drowned in the competition by now. Everyone creates an AI tool these days.

A friend of mine started an agency that makes $20k a month They sell AI reels for socials

The truth is that there is a “sweet spot” of public builders between 0 and 10k+ As soon as serious revenue hits, founders are busy hiring, managing, improving systems, marketing, etc., leaving personal brand/emotional support behind. It creates a bubble where people of similar size and stage hang out until those who perform better switch their focus. So, although it is possible to meet people making 50k+ MRR, we usually have bigger fish to fry.

Yes to all of your points. We have several diversified projects (just in case a monster like ChatGPT creates a product that replaces ours): -Get AI Marketing incubator, we teach people how to use SI in their marketing and general AI -Use Genius AI, a RAG MCP system with tons of things added in to make it faster and more useful for thought leaders to add all of their content, old and new, into an AI that they can sell as their own product -Corporate AI training, I personally go in and teach/coach c-class executives on how to use AI themselves and then how io incorporate into their business without relying on over priced tools that don't produce anything (mostly focused on time saving and research that helps people make decisions better) I've played with working with one on one coaching clients but the coaching market is heavily saturated. I also teach AI and tech in Eben Pagan's courses to his students as a way to keep my skills sharp.