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Artūrs Krūze is a Latvian entrepreneur and co-founder of the e-commerce agency Magebit, which has a turnover of over 6 million euros. His businesses together have a total revenue exceeding 9 million euros. He discusses scaling human labor (130 employees), building software, types of customers and niches, ChatGPT, €100k projects, and other interesting topics.

"Our success came from scaling through quality. Be humble, start small, and acquire clients abroad," says Artūrs.

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The episode is supported by the best printing company in Latvia https://printtoo.com/.

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0:30 Magebit and AI
3:38 How to scale an agency
8:10 Deciding on pricing
17:17 Projects and failed businesses
27:17 AI businesses
44:10 Advice on building a business
45:27 Biggest challenges
47:40 Favourites
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Titles for the algo:
9 Million, AI Tinder, €100k Projects, Scaling Human Labor
9 Million, E-commerce Agency, AI Tinder, €100k Projects, Building Software
The Opportunities Of Using AI Are Endless
"People Think ChatGPT Is The Same As 2 Years Ago"

BlackBox is a channel dedicated to educating people about entrepreneurship, business strategies, and mindset.

#magebit #AI #business #podcast #artificialintelligence #ecommerce #programming