Insight
Chilibeck: Early startups should charge immediately for imperfect products
“I would actually recommend when starting out, try to just get something in front of someone as fast as possible. And try to charge as early as possible, and don't worry about it being perfect. Your version of perfect could be completely useless.”
Insight
Chilibeck: Customer feedback must outweigh founder intuition on product roadmaps
“Obviously me and Delaney have some ideas of what we think people want, but at the end of the day, our customers will know best. They're the ones that are paying us. We always definitely make it a priority to listen to them before just going with our gut instin…”
Disclosure
Chilibeck: Bahia AI prioritizes automation over hiring large full-time staff
“And even at our company, we are really trying to build as much as we can without hiring total, like a huge amount of full-time employees. We always try to look at ways to do it digitally first.”
Disclosure
Chilibeck: Bahia AI prioritizes former operators and AI founders as investors
“When I think of the people who probably brought the most value to me, it was often people who were operators at one point in time, or were ex founders as well. Especially for early stage. I think that, yeah, if I were to bring on some angel investors or even V…”
Disclosure
Chilibeck: Bahia AI signed its first customer before building a product
“Our first customer that we signed, we didn't even have a product. We were like, this is an idea that we have. Are you interested? And we very, we were very honest about what the first version would look like, which was not great. And then we just asked, what i…”
Insight
Chilibeck: Target CAC payback under 6 months for startups, 20 for enterprises
“So a good payback period. I think when you're first getting started, probably under six months for a very established company, like rewind and the Shopify's of the world. You're probably looking at anything under 20 months is considered quite good.”
Assertion Not checkable as stated
Chilibeck: Bahia AI acquired its first paying customer within a week
“And then sure enough, I think we reached out to about
A hundred people just to see if we could get any interest.
And within the first week, we already had our first paying customer.”
Insight
Chilibeck: Any internal task repeated three times must be automated
“Whenever we're doing things, even at Bayhia internally, it's okay. If I'm repeating the same thing three times, then I'll leave something in there that I can automate. Right. We really try to automate everything as much as possible every single week.”
Disclosure
Chilibeck: Bahia AI will wait to raise capital until reaching 100 customers
“I think Dylan and I just decided that maybe until we hit a certain revenue mark and until we have probably like our first hundred paying customers, we just want to really be hyper-focused on building a product that our customers totally love. And also just fig…”
Assertion Not checkable as stated
Chilibeck: Bahia AI increased pricing 20x within six months
“And today, six months later, we are actually charging 20 times what we had first charged that first customer.”
Disclosure
Chilibeck: Bahia AI is entirely customer funded through upfront billing
“For now, since we started, because we're bootstrapped, the nice thing has been that we've been able to charge all of our customers up front, and then be completely customer funded. Since we started, that was our goal was we don't even need to take out any mone…”
Disclosure
Chilibeck: Bahia AI offers an autonomous AI talent sourcer named Mia
“So Bahia AI, we offer a AI talent sourcer. Her name's Mia, and she basically handles all talent sourcing for teams that are hiring.”
