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Does a NON AI start-up have any chance in PH?
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Max Burns
Yes, a non-AI startup definitely has a chance in the Philippines (PH) and can be successful. The startup ecosystem in the Philippines is diverse and dynamic, with opportunities available across various industries and sectors.
While AI has gained significant attention and investment globally, there are still many other areas where startups can thrive. The key to success lies in identifying a market need, offering a valuable product or service, and executing a solid business plan. Here are a few factors to consider:
Market demand: Conduct thorough market research to identify existing gaps or unmet needs in the Philippines. Look for opportunities where your startup can provide a unique solution or improve upon existing offerings.
Differentiation: Focus on developing a unique value proposition that sets your startup apart from competitors. Highlight the advantages and benefits your product or service offers to attract customers and investors.
Target audience: Clearly define your target audience and tailor your offering to their specific needs. Understand their preferences, behaviors, and pain points to create a compelling value proposition.
Networking and partnerships: Build a strong network within the local startup ecosystem. Attend industry events, join entrepreneurial communities, and engage with mentors, investors, and potential partners. Collaborating with established players can provide valuable guidance, resources, and access to a wider customer base.
Government support: The Philippine government actively supports entrepreneurship and startup development through initiatives, grants, and incentives. Stay informed about relevant programs and opportunities that can benefit your startup.
Funding opportunities: While securing funding can be challenging, there are various sources available in the Philippines, such as angel investors, venture capital firms, government grants, and crowdfunding platforms. Develop a compelling business plan and pitch to attract potential investors.
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@malkielfalcone It has AI too, but the main focus is not AI. So I'm hoping the community will still like the product despite it not being an "AI start-up"
of course, so long as you're adding some meaningful value it's irrelevant if you're AI-based or otherwise :)
I believe there is a chance, especially since sometimes in the AI market, there's alot of similar apps competing rn.
But more importantly if the startup is solving a unique problem, that brings value to others, then for sure. It should a problem that brings a lot of pain to the end users, that needs to be solved.
I believe if the company is solving the right problem, it doesn't matter if it is AI-Powered or not.
This was going to be my question! Seems that most products over here are AI based.
I think so, yes. It seems that in today's world everything needs to be AI related, but the thing is we are losing the essence of human creativity. So in my opinion, as long as the product works and is innovative, it will do good on PH.
Definitely! Product Hunt embraces startups of all kinds, so non-AI startups have a great chance to shine and make an impact.
I think even more right now, at least in my case. I'm a little bit tired of the AI madness which is just ChatGPT with a different front, and looking forward for original ideas solving a problem, whereas has AI in the name or not.
We're currently seeing an explosion of AI apps driven by huge amounts of hype. My bet is that 5-10% of these apps will survive as features from the smaller apps get implemented into the major players. So in my opinion, focus on something that has a strong unique selling point that serves an active niche. This way you're not as likely to get lost in the AI noise.
Of course it does, it is just that AI-powered products are much cheaper and easier to build and grow right now.
I launched my new Unlimited Software Development Subscription service today named Poket Dev. Wondering if implementing AI into the workflow would have gotten it more attention. Kidding of course. Definitely a big buzz word these days to say the least.
I think is like blockchain in 2017, now THERE IS ai everywhere also where it's not needed. It's like a magic word for make money rain. At the end AI is in continue evolution and the products that now are innovative will become obsolete with the release of a new model. So if you have funds there are no problems otherwise is a killing game.
Any start-up, in my opinion, would have a tremendous chance on Producthunt.
I would say they have a higher chance as PH is flooded with AI apps.
Rarity is precious
When a technology becomes accessible, it spreads like wildfire.
To answer your question, yes, you perfectly stand a chance without AI too. If your startup solves a problem better than available solutions, it doesn't matter what technology it uses.
Of course! AI is definitely super trendy right now and everyone wants a piece of it but it's easy for the market to get oversaturated this way, and you end up with hundreds of apps solving the same problem. As long as your product answers a unique need in a different way than others, there's absolutely chances of success.