Introduction

So it's going to be a live demo, and I'm connected through one of the other speakers' hotspot. So hopefully it works. If not, I'm going to have to do a bit of a song and dance.

This is actually a very light talk. At the last event, Josh, who hosted this, he was trying to share demos of things that you can do with AI to solve your everyday problems or business problems. And I said, hey, why don't I do a demo of something that I can give to these guys for everyone for free?

So in general, my name is Zev Abrams. and co-founder of Iterate, tiny startup. In general, we're doing AI product manager, OK?

I'm not trying to sell you that. If you're interested, we have a lot of tools for product managers. You can do, if you're a product manager and you want to build a PRD for free or a risk analysis, you can use our tool. You pay for it, or you can use the free PRD to get the free access.

Introducing the Entrepreneur Toolkit

What I'm going to show you is a free tool called the Entrepreneur Toolkit, which anyone here, you just go to iterate.com and you click on the Entrepreneur Toolkit, and you can use this for free. Now, it's a free tool, not selling anything. I'm literally paying for everything here.

But is there anyone here who's like an entrepreneur or thinking about startup? Yeah, a couple people.

1So this will literally get you from an idea to a full pitch deck using best practices. Totally free. Like you'd be paying people a ton of money to normally do this.

All I ask you is for like an email. OK, if you want to leave a comment at the end like you suck, that's fine. You can do that too.

And then you just log in. We're not selling anything. Nothing is stored or saved or sold. So unlike other companies that maybe are stealing your data, nothing. If you press F5 and refresh the page, everything is deleted.

So when you start. And it all looks pretty, yeah, we get most of the screen. It's a very simplistic app.

That's fine. If you have complaints about the UI, I'll take it. That's fine.

Getting Started with Your Idea

So you just need to start with an idea. So you need to give it a one-liner of an idea. The better you think of your idea, you've probably already thought about like, oh, I want to do startup this and that.

The better the one liner is, the better the results will be. So I'm just going to copy for the sake of this demo, I'm just going to copy one of these ideas that I have. So this is a plug-in that helps you record your screen with AI effects.

So think like Loom with AI. But you could do it for anything. I've tried it on hardware ideas as well.

And now this is now gonna force you to think like an entrepreneur or a product manager. There's actually a lot of overlap, which is why I built these sort of tools. You have to go through everything.

Now, it's gonna take you step by step, but AI is gonna help you think through every single one of these steps. But you're supposed to be thinking about it as well. So every single one of these, like the problem statement, you can go in and edit this and save it.

You can have it... You can keep it, or you can have the AI adjust it. So I can say, leave the first two bullets and change the last.

Using AI to Refine Your Business Plan

So if I do that, it's going to adjust to that. It's a very narrow screen, sorry. But it'll just change that last bullet.

whatever words I wrote. You then have to define the business type. Is it a B2C, B2B?

I'm just going to quickly run through this. Let's just say it's for communications, the field you're in. But for everything else, the AI is going to help you.

So you have to think of who your target customer is. And once again, I'm going to be zipping through this. But if you're going to use this tool, and honestly, just give this to any of your friends who are doing a startup,

You should be working through this yourself and making sure that these are all the right ones. So I'm just going to skip. Yeah, it gives the solution.

It'll give you a differentiator. Remember, you're supposed to have some sort of unique value proposition. It'll give you a mission statement.

for it, and then it'll give you a fake name and a little summary. Sorry if it's zipping through because mouse. You can give it any other name.

It doesn't matter. And it'll give you a project summary. At the very end, after you've done that, it'll actually spit out an Excel that you can download.

Remember, it's your computer. We're not saving anything. The advantage of keeping this Excel is that you can then afterwards, if you want to come back and change everything, you can actually load it in.

That Excel, you can load it here and start from scratch. That's the only thing that you can redo. I don't have any other save function.

Advanced Tools for Entrepreneurs

So once you've done that, if you've ever done a startup, or once again, for a product manager, it's the same type of discovery. You need to define your persona.

You know, do strategy, lean startup canvas. I hope you know what that is. Elevator pitch and pitch deck.

We're going to run through all of them now just to see how fast it does it. Now, the advantage of this platform is we don't just like give you like a persona. Persona is like, who's the ideal customers?

And this is all... LLM is producing it. And you could be doing this yourself using ChatGPT. It would take you forever. I've already saved you the time.

And I've also done all sorts of extra things, like here's an ideal user persona for whatever I can remember what it was we did. But I also give you a fake persona that's actually a little more skeptical about your results. And it's important, because when you look at this, you'll say, hmm, that's actually what a more realistic person is going to be. Once again, you can change them using the AI. And you can download this specific one as a text file.

Lean Startup Canvas

I'm just going to keep going on. Lean Startup Canvas. You guys know what a Lean Canvas is? Yes, no? If you're an entrepreneur or a product manager, sometimes product managers call this product strategy. Super important document. It gives you like a 30,000 foot view of your industry.

Honestly, if you're doing a startup and you don't know what a Lean Canvas is, Learn that first. You're out of your league if you don't, OK? But the advantage here is we're going to generate it for you.

Now, this is going to run in the background. It's going to generate all those different sections in the background. It'll take like a minute or so while it runs.

It's going through the problem solution. Some of these things you've already answered. Remember, this is retaining all the stuff you did in the beginning. And for each section, it's going to give you, once again, things that you can edit. You can edit it with the AI as well.

But I also give you criticism, feedback on the section. Neat trick, generally true, any LLM. If you tell it to do something, afterwards you can say, hey, criticize what you just wrote as an engineer or as a venture capitalist or whatever. It's an awesome trick.

One of the advantages is you don't get pissed off at the AI. What? I don't think about that. I hate you. If I do that, if I tell you this like, oh, this idea sucks, you'd be like, I hate you. But the AI, you don't care. You can curse it out as much as you want. I'm being obviously a little facetious here. So let me keep lighting up the mood.

So we just created all these sections in the background here. Normally, a process like this is like half a day, OK? You can go in there, once again, edit every single section. If you're actually thinking of a startup, you should be editing every section. And I'll spit it out as a PowerPoint in the end. You know, design, I didn't put any effort in here. It all looks ugly, but that's fine.

Creating an Elevator Pitch

Next, elevator pitch.

If you're a product manager, this is called product positioning. You can ask ChatGPT or any others. I personally, by the way, recommend Claude, usually. You can ask it to spit out a bad elevator pitch. It will do it, and usually it'll put a lot of buzzwords in there.

Building a Pitch Deck

last but not least pitch deck so we're this is a ton of work now obviously with those pitch decks um before uh i you should fine tune it like don't accept everything as as this the pitch deck requires that you've done the link as and the user persona and now it's going to create all the different sections so i've actually gone you know there are best practices you can see it here you can find this online what should be in your pitch deck and what honestly pisses me off

is that I go to all these startup events. I've been doing startups for over 10 years now. And you go to these events, and someone shows some deck with random slides.

And you're like, oh my god, it's not rocket science. You need to have a problem, the solution. This stuff is all online.

But I saved you a lot of time. I took the best ones, and now it's automating each section. But it doesn't just do one variation, saving you time, doing multiple variations.

Like the problem, you can define the problem slide differently. Is it a user problem? Like, hey, as a person, I have a hard time ordering a cab. Or as a market problem, like, hmm, there seems to be a lack of cabs in this area. Or an opportunity, like, oh, mobile phones now allow you to order a cab from anywhere. Different ways of phrasing the exact same problem.

Remember the same problem we defined in the beginning. So each one of these, you can actually go in and edit it. You can use the AI to edit it. You've gotten the point.

And you can select which one you want out of the three. Problem, solution, why now, market size, business model, underlying magic, all these things. Some of these is guessing because it doesn't know who your team is.

Conclusion and Feedback

And at the end, you can get criticism, feedback, and save the entire thing as a PowerPoint. So that's it.

If this saves you a lot of time, leave me a comment, or you can click to buy me a coffee and give me a little donation. This tool is completely free. We have our other tools for product managers that are priced.

So yeah, free for questions. And honestly, if you have anyone that this could be helpful for, give it to them. It's free.

Question? Yeah. So the Entrepreneur Toolkit, totally free.

Everything that you saw, totally free. My startup, we're mostly focused on product managers. And that has more tools for product managers.

So the PRD is still free. But we have risk analysis, user stories, and acceptance criteria, designing epics, a bunch of other tools that are like this that will save product managers a ton of time.

Yeah? This one's just using APIs. So it's just the general internet.

Honestly, I've played with a lot of them. This is actually using open AIs. I found that open AIs, I mean, yes, personally, I use Claude a lot more, but open AI and Claude are really, really good.

And for this sort of thing, you don't need specific data. It's already been trained on so much of the internet and so many of the best practice pitches have already been online. It's there.

Anything else? It's fine.

So if you want, as I said, iterate.com. Just go there, Entrepreneur's Toolkit. It's totally free.

If you have any friends that this might help, give it to them. You could see the onboarding was a little bit difficult.

Like, oh, I have to actually think through these things. But yeah, you need to think through the problem solution. That's the way you're supposed to be working.

And that's it. I hope this helps maybe at least one person. OK?