Are coffee subscriptions eating into your startup's budget?

Jul 03, 2024 11:00 am

🕒 Reading time: 4 - 5 minutes


Hey , 👋


If you're a startup founder or someone who uses a lot of SaaS in your tech stack, this will probably resonate with you.


Ever noticed how every SaaS is priced like a cup of coffee a day?


"Get full access to our product for just £3 a day.....that's less than a cup of coffee ☕️"


Seems reasonable, right? But when you’re a bootstrapped startup, it adds up fast.


Sure, £3 a day sounds manageable.


Until you stack it with web hosting, email hosting, CRM, accounting, social media scheduling, and LLM subscriptions. Throw in webinar software, cold email outreach tools, and automation platforms like Zapier.


Suddenly, that “cheap” subscription is a mountain of costs. 😱


Entrepreneurs, especially first-time founders, have tight budgets. Every dollar matters when you're scraping by.


Comparing your software to a cup of coffee might sound cute. But it doesn't reflect the real financial strain on startups.😩


Instead, focus on the true value your product provides. Show how it saves time, boosts efficiency, or drives revenue.


Value over price - always.


Founders appreciate honesty and transparency more than a coffee analogy. Remember, your cup of coffee is their lifeline to success.


And let’s be honest, they’re probably drinking instant coffee anyway. ☕️


Because who can afford a Pret daily on a startup budget?


In today's issue we focus on:

  • Runway Unveils Gen-3 Alpha - The Game-Changer in AI Video Generation! 🚀
  • DoNotPay: Your Ultimate Consumer Champion AI!
  • Briefy: The Ultimate Content Summarization Assistant


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Runway Unveils Gen-3 Alpha - The Game-Changer in AI Video Generation! 🚀

Runway's latest release, Gen-3 Alpha, revolutionizes AI video creation with enhanced features for seamless character interactions, scene transitions, and camera techniques.


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Despite stiff competition from Sora, this model marks a significant advancement in AI video technology.


And although I can't say for certain but I have a sneaky suspicion that when Sora is made available to the public, it will be crazy expensive. I'm hoping I will be wrong so that we all win), but I doubt it.


Either way Runway's latest offering is pretty damn good and the quality of the videos is breathtaking. Check out Gen-3 Alpha NOW or you can watch the video HERE


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DoNotPay: Your Ultimate Consumer Champion AO! 🛡️

DoNotPay is a revolutionary AI-powered platform that empowers individuals to take on big corporations, navigate bureaucracy, uncover hidden funds, and more.


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From canceling subscriptions to fighting parking tickets, this innovative tool is your go-to for tackling a range of consumer challenges effortlessly.


Take control of your rights and join the fight with DoNotPay today! Check out the software NOW for a smoother consumer experience.


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Boost Your Reading Efficiency with Briefy: The Ultimate Content Summarization Assistant

Briefy is a cutting-edge AI-powered tool that transforms lengthy content into concise summaries across various formats like articles, videos, emails, and more.


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By offering structured summaries in multiple views and supporting natural language searches, Briefy enhances comprehension and saves valuable time.


Dive deeper with detailed answers, access summaries on any device in your preferred language, and revolutionize your reading experience today!


Check out Briefy NOW to revolutionize your reading experience!


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That's it for this edition. The summer is looking promising for a new set of AI powered startups and we'll be keeping our eyes (and ears) peeled to get you the scoop on the latest and the greatest.


Speaking of the greatest -we're at the business end of the Euros and it looks like both England and Portugal dodged bullets and scraped through to the quarter-finals.


Then you have surprise acts like Turkey who at the time of writing this, powered past highly favored Austria to set up a quarterfinal clash with The Netherlands which I am looking forward to watching.


No matter which team you're supporting, enjoy the games and I'll see you on the other side.


Stay safe, stay awesome...


Barry

Growth Marketer,

AI Enthusiast and

Head Honcho at NexGen Digital


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Hope you enjoyed this edition of the Growth Sprout

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