ClearJar

Here's a sneak peak of what's been being built at ClearJar 👀📲 We are going into beta testing over the next few days, it's not too late to join: https://lnkd.in/eyYMkm8c

It’s officially been a month working on my startup ClearJar (https://clearjar.co/) full time. I’ve learned lots and met some very cool people. There’s been lots of emotions as it’s been a difficult adjustment period but I’m very excited about what the future holds 🚀 Goals for the next month are: 1. Have a fully functional MVP 2. Attend at least 1 networking event per week 3. Get some paying customers (pre-orders) for some more product validation. If you joined the waitlist you’ll be receiving an email in the few days. 4. Apply for some government grants There’s still a lot unknown variables but I trust that God will guide my steps as I navigate through this maze of tech entrepreneurship 🙏🏾 Again, thank you to everyone who has been extremely supportive through this whole process. I appreciate each and every single one of you 💙 #startup #fintech #entrepreneurship

71 people on the waitlist for ClearJar in 24 hours! Shoutout to everyone who is supporting me in making this dream become a reality 🙌🏾 I appreciate each and every single person 💛 If you haven’t joined yet, please visit our website to read our mission statement and join the waitlist to get a discount on a lifetime membership as we enter into a beta testing period! 🚀 Waitlist form link: https://lnkd.in/gG3hSMRg Website: https://clearjar.co/

Budgeting apps just don't work. The average person lives paycheque to paycheque due to one of two reasons: 1. Their income doesn’t sufficiently cover living expenses. 2. They earn enough but struggle with poor spending habits. The root of these challenges is ineffective money management. Despite the abundance of budgeting apps generating hundreds of millions of dollars; A staggering 84% of people with a budget admit to overspending, underscoring a trillion-dollar problem that impacts the financial well-being of over 50 million people and families. This gap in effectiveness is not just a statistic; it's a widespread financial crisis. Delving into specific demographics, those aged 18-44, who typically earn an average annual income of $55,000, are particularly affected. The average overspend in this group is alarmingly high, nearly $10,000 per year. This figure is not just a mere excess; it represents about 18% of their pre-tax income. This level of overspending, especially among younger, working-age adults, signals a deep-rooted issue in financial management and the inadequacy of current budgeting tools in addressing it. Something needs to change. That's why we are building ClearJar. We're creating a groundbreaking AI-driven personal finance platform, which goes beyond mere transaction tracking. This platform seamlessly integrates into every facet of a user's life, learning from their spending habits and patterns. We then use this data to offer: - Personalized financial insights that give users full observability into their finances. - Product recommendations, ensuring users' money is utilized effectively. - Actionable steps to assist users in making well-informed financial decisions. We recognize that effective financial management encompasses more than just tracking income and expenses. With ClearJar, we’re not offering a budgeting tool; we’re providing a comprehensive suite of financial products that will empower millions of people to make smarter financial decisions for a healthier financial life. If you've made it this far then this clearly peaks your interest, feel free to join the waitlist to be part of our private beta. You'll also get a discount on a lifetime membership 👌🏾 https://lnkd.in/gG3hSMRg

Week 3 of working on my startup full time! Here are the important things I learned this week: 1. 📖 Discovering the Power of Storytelling : I’ve begun to see how crucial it is to tell a compelling story about my company, not just to investors but to everyone. Being an engineer, I tend to geek out over the technical details of our product. But I’ve learned that it’s equally important to share the heart and soul behind our work - it really helps people connect and see why it matters. 2. 📈 It’s never to early for revenue projections : This week threw me a curveball with the need for early revenue projections, something I hadn’t thought of yet. A chat with a potential vendor made me realize its importance. Thankfully, with some help from my network and some great articles, I’ve put together a projection plan. The numbers are a bit intimidating, but I’m confident we can hit them with the right approach. 💸 3. 🔍 Make sure 3rd party vendors offer exactly what you need: It's become clear how important it is to know exactly what you need before engaging with third-party vendors. This understanding ensures that you don't settle for what's simply offered, but rather what truly aligns with your vision. This approach is vital to avoid signing contracts that might not meet your future requirements. Feeling nervous, but I’m putting my faith in God for this journey and trusting him through the entire process🙏🏾

Just finished my pitch deck 🎉 🙌🏾