The AI Consulting Podcast

Founder Story: Growing an AI Product Profitably - with Siva Pullabhotla of Docskiff

Mar 1, 2022

21:25

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Quick takeaways

Finding product-market fit early is crucial for profitable growth in AI companies.

Engaging with customers to identify common pain points can lead to successful pivots and tailored solutions.

Deep dives

Identifying Product Market Fit and Niche Profitability

Building a profitable AI company often involves finding product market fit early on and identifying a profitable niche. Many AI companies struggle to be profitable for years, but Doskiff, a company focusing on contract intelligence in procurement, managed to grow profitably by addressing key customer pain points.

The Paradime Ship Isn't There

03:16

The Forcus Platform Focuses on the Post Execution of the Contracts

04:41

Is It a Bit of Both?

07:13

Introduction

2min

The Story of Dock Skiffer

4min

The Forcus Platform Focuses on the Post Execution of the Contracts

5min

The Paradime Ship Isn't There

3min

Is It a Bit of Both?

7min

In today’s episode, we speak with a founder who profitably grew by finding product-market fit early in a profitable niche. Our guest is Siva Pullabhotla, Co-Founder & CEO at Docskiff Inc. Docskiff focuses on contract intelligence in the procurement space. In this episode, Siva discusses the kinds of assumptions you should begin with if you’re looking to find a product-market fit fast. He also talks about pivoting based on your initial customer engagement to double down on success and use it to fuel your growth. As a past Catalyst member and current Emerj Plus member, we are grateful to have Siva in our community and here on the show. Join Emerj Plus at emerj.com/p1 to discover more AI use-cases, best practice guides, white papers, frameworks, and more.

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The AI Consulting Podcast

Founder Story: Growing an AI Product Profitably - with Siva Pullabhotla of Docskiff

Podcast summary created with Snipd AI

Quick takeaways

Deep dives

Identifying Product Market Fit and Niche Profitability

Client Engagement and Product Development

Transition from Bespoke to Streamlined Product Delivery

The Paradime Ship Isn't There

The Forcus Platform Focuses on the Post Execution of the Contracts

Is It a Bit of Both?

Remember Everything You Learn from Podcasts