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Name: Jan Luca Sandmann
Company: DocGPT
What are you building, and who benefits most from it?
DocGPT is a web-based PDF editor that runs on ChatGPT and reads every PDF document a user opens. It can answer any question about the document and generate content such as summaries, essays, homework, reports, etc. This is especially interesting for any student or people who work a lot with contracts.
What is one of your startup’s most impressive accomplishments?
Launching DocGPT Insights, which lets users generate any type of content based on a document. It can, for example, generate your homework fully automated. Of course, the user can also edit any generated content to put a final touch to it.
What has been the biggest challenge so far, and how did you overcome it?
It’s been designing a fluid user experience and making the system stable. We’ve achieved that through countless iterations of the product while always keeping the focus on creating the best possible experience for the user.
What tool or app could you not live without and why?
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Github Copilot: It accelerated the development process of DocGPT by a lot!
What marketing strategies have worked for you?
Amazingly, TikTok has worked out best so far. Posting our videos on TikTok has given us the most reach until this point in time. However, we try to experiment as much as possible and are always open to new marketing strategies.
Can you share any financial data about your startup?
We launched our product only this month. Our subscription model comes with five weeks of free membership, which is longer than we have existed! So far, we have gained 50 subscribers, but we haven’t made any profit, based on the duration of our test subscription. (Reported on April 06, 2023.)
What has been your biggest business failure to date? What did you learn from it?
We did not put enough thought into measurability and user behavior analytics/gaining user feedback from the beginning. We’re trying to change that now and build better relationships with our users because we see it as the most important tool for learning and making progress as fast as possible.
What’s the best specific piece of advice you have for other entrepreneurs?
Before you start building your product, think about the most important KPIs that you can measure and that give you insights about how well your product is doing. Then, evaluate every feature you’re planning to integrate based on those KPIs and only deploy them if you can measure them.
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