Jozef Gherman, founder of StealthGPT, describes the collapse of his first cryptocurrency advisory business, J Squared Invest, and the resulting regulatory settlement with the CFTC.
“We later settled with them after I think like two or three years of dealing with this issue. It was like a 400,000 dollar total settlement. Still paying for it to this day.”
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More from Jozef Gherman
Insight
Software Users Want One-Click Solutions, Not Complex Features
“Engineers out there and coders, they really want to build like the most complex, like high powered application out there and give the user so much freedom. That's horrible. People want to use the internet like this. I want to be able to give you my problem and…”
Jozef GhermanJul 28, 2024▶ 10:24I Turned $150 into $2M/Year
Disclosure
StealthGPT Reached $190,000 MRR in 15 Months
“We got to a 190,000 dollars MRR recently. Took us about 15 months to do it.”
Jozef GhermanJul 28, 2024▶ 1:34I Turned $150 into $2M/Year
Disclosure
StealthGPT Generates $10,000 to $30,000 in Monthly Profit
“Profit, we're doing about 10 to 30,000 dollars a month after all of our expenses and everything.”
Jozef GhermanJul 28, 2024▶ 1:47I Turned $150 into $2M/Year
Disclosure
StealthGPT Has 400,000 Signups and 8,500 Active Subscribers
“So in the lifespan of Stealth, we have had 400,000 signups, about 15 to 20,000 subscribers as a whole. Active subscribers, we're looking at about 8500.”
Jozef GhermanJul 28, 2024▶ 2:34I Turned $150 into $2M/Year
AssertionNot checkable as stated
StealthGPT's Early Google Ads Cost Per Conversion Was $10 to $20
“They were converting like insanely low cost per conversion, 10 dollars, 15 dollars, 20 dollars in the early days, and that allowed us to scale a ton.”
Jozef GhermanJul 28, 2024▶ 9:20I Turned $150 into $2M/Year
AssertionNot checkable as stated
All StealthGPT Developer Hires Were Sourced Through Twitter
“All of our developer hires have come through Twitter posts.”
Jozef GhermanJul 28, 2024▶ 12:15I Turned $150 into $2M/Year
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