Get Rich in the NEW A.I. Revolution (2025)

00:18:08
https://www.youtube.com/watch?v=5a9f0eIVhF0

Ringkasan

TLDRThe video outlines eight steps to leverage the AI revolution for wealth creation. It emphasizes selecting the right industry, focusing on high-margin business models, and targeting affluent customers. The speaker shares strategies for networking with wealthy individuals, creating high cash flow offers, and the importance of pre-selling AI solutions. Additionally, it discusses building a minimal viable product, automating business processes, and the significance of long-term growth over short-term profits. The overall message is to seize the opportunities presented by AI to build a successful business.

Takeaways

  • 🚀 The AI revolution is transforming industries.
  • 🏭 Focus on boring industries for opportunities.
  • 💰 High-margin business models are essential.
  • 🤝 Network with millionaires in your industry.
  • 📈 Create high cash flow offers to sustain growth.
  • 🛠️ Sell before you build to validate ideas.
  • 🔧 Build a minimal viable product to test concepts.
  • 🤖 Automate delivery processes for efficiency.
  • 📊 Long-term growth is more valuable than short-term gains.
  • 💡 Stack solutions to build a portfolio of businesses.

Garis waktu

  • 00:00:00 - 00:05:00

    The AI revolution is transforming industries, with AI agents poised to replace teams and traditional search methods. To capitalize on this shift, it's crucial to choose the right industry, focusing on less glamorous sectors like supply chain, administration, home services, legal services, and team training, which are ripe for AI disruption. These industries present significant opportunities for profit as they adapt to new technologies.

  • 00:05:00 - 00:10:00

    Once you've identified your industry, the next step is to select a high-margin business model. High margins protect your business and ensure profitability. Key models for 2025 include AI services, consulting, software, and digital products, each offering substantial gross margins. Selling to affluent customers in these sectors can maximize your revenue potential, leveraging strategies like personalized outreach and networking at industry events to connect with wealthy clients.

  • 00:10:00 - 00:18:08

    After establishing your offer, it's essential to sell before you build. This involves creating prototypes, identifying early adopters, and seeking advice to refine your product. Once you secure initial funding through pre-sales, you can develop a minimal viable product (MVP) efficiently. Automating delivery processes and support will streamline operations, allowing you to focus on growth. Finally, consider your long-term strategy: whether to sell for short-term gains or scale for lasting wealth, building a portfolio of AI solutions that address various business challenges.

Peta Pikiran

Video Tanya Jawab

  • What are the key industries to focus on for AI opportunities?

    The key industries include supply chain, administrative services, home services, legal services, and team training.

  • What is a high-margin business model?

    A high-margin business model is one where the difference between the cost of goods sold and the selling price is significant, allowing for greater profitability.

  • How can I network with wealthy customers?

    You can network by attending industry-specific events, sending hyper-personalized emails, offering interviews, hosting meetups, and organizing themed dinners.

  • What is the importance of cash flow in a business?

    Cash flow is crucial for business growth as it allows for reinvestment and scaling operations.

  • What is a minimal viable product (MVP)?

    An MVP is a basic version of a product that is developed to test a concept and gather feedback before full-scale production.

  • How can I automate my business delivery?

    You can automate purchasing, account setups, onboarding, and customer support to streamline operations.

  • What does it mean to 'sell before you build'?

    It means to validate your product idea by pre-selling it to customers before fully developing it.

  • What are the three S's for creating AI wealth?

    The three S's are Sell (short-term gains), Scale (growing the business), and Stack (building a portfolio of solutions).

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Teks
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Gulir Otomatis:
  • 00:00:00
    The AI revolution is here. AI agents are
  • 00:00:03
    about to start replacing whole teams and
  • 00:00:06
    Google search is slowly dying. The world
  • 00:00:08
    is going to change forever. But I don't
  • 00:00:10
    want you to be left behind. So, I'm
  • 00:00:12
    going to share the eight simple steps
  • 00:00:14
    that I'm personally following to take
  • 00:00:16
    advantage of this window of opportunity
  • 00:00:18
    and how you can use these same steps to
  • 00:00:20
    get rich with AI, even if you're
  • 00:00:22
    starting from zero. Now, before you can
  • 00:00:24
    start making money with AI, you need to
  • 00:00:25
    pick the right industry. I've built and
  • 00:00:27
    sold three software companies. I've
  • 00:00:29
    invested in over a hundred. I've been
  • 00:00:30
    building technology companies since 97.
  • 00:00:33
    I saw the internet boom. I've seen the
  • 00:00:35
    web 2 boom. I've seen the mobile boom.
  • 00:00:37
    I've seen it all. I haven't been this
  • 00:00:39
    excited in the tech industry since '97
  • 00:00:42
    with the internet. But what I saw a lot
  • 00:00:44
    of people do back then is pick the wrong
  • 00:00:46
    industry. And what I believe is true is
  • 00:00:48
    the right industries are the boring
  • 00:00:50
    ones. The ones nobody wants to talk
  • 00:00:52
    about. See, in life, as in technology,
  • 00:00:54
    as in AI, we need to focus on what's
  • 00:00:57
    true, not new. Being too early, too
  • 00:01:00
    technology advanced, is just as wrong as
  • 00:01:03
    being too late. So, I'm going to present
  • 00:01:05
    to you five industries that you can get
  • 00:01:08
    involved and use AI to make a lot of
  • 00:01:10
    money today to take advantage of this
  • 00:01:11
    gold rush. The first one is supply
  • 00:01:13
    chain. Think about all the logistics
  • 00:01:16
    that goes around. I mean, I don't buy
  • 00:01:17
    anything at a store anymore. It's
  • 00:01:19
    literally over an app. So you think
  • 00:01:20
    about all the challenges these companies
  • 00:01:22
    are going to have around forecasting
  • 00:01:24
    around route optimization for
  • 00:01:26
    deliveries. Everything around supply
  • 00:01:27
    chain management is ripe for disruption
  • 00:01:30
    to make a lot of money using AI. The
  • 00:01:32
    second is admin. And this is where you
  • 00:01:34
    see a little bit of innovation happening
  • 00:01:35
    right now. But think about billing,
  • 00:01:37
    scheduling, filing, sorting. AI that's
  • 00:01:40
    able to read the information systems
  • 00:01:43
    that team members can use like the
  • 00:01:45
    Dropboxes or your CRM like HubSpot to do
  • 00:01:48
    administrative type work is going to be
  • 00:01:49
    a huge money maker. Number three is home
  • 00:01:52
    services. Think roofing, Hback,
  • 00:01:54
    plumbing. Anytime a truck has to go to a
  • 00:01:58
    home, there's a whole lot of processes
  • 00:02:00
    involved that if you use AI to help
  • 00:02:02
    automate it and make it better, those
  • 00:02:04
    local industries combined are the
  • 00:02:06
    trillion dollar industries in this
  • 00:02:07
    world. Number four, legal services.
  • 00:02:10
    Pretty much the first thing that people
  • 00:02:12
    start playing around when they get into
  • 00:02:13
    chat GPT or other AI tools is stuff
  • 00:02:16
    around contract analysis or creating
  • 00:02:18
    drafts of things. I remember last week I
  • 00:02:20
    got an email for a deal I was about to
  • 00:02:21
    do and I was asking some questions and I
  • 00:02:23
    was like why am I even asking? I just
  • 00:02:25
    grabbed everything put into AI and it
  • 00:02:27
    gave me the questions to ask and when I
  • 00:02:28
    called my legal team they're like how do
  • 00:02:30
    you even know to ask those questions?
  • 00:02:31
    I'm like AI people building tools to
  • 00:02:34
    implement structure and workflow into
  • 00:02:36
    that are going to make a ton of money.
  • 00:02:37
    The last one, number five, is team
  • 00:02:39
    training. This is an area I'm very
  • 00:02:41
    excited about. If you think about the
  • 00:02:43
    idea of every company in the future
  • 00:02:45
    having an AI that joins for all the Zoom
  • 00:02:47
    calls, that you're able to talk to it,
  • 00:02:49
    that is your buddy for onboarding at a
  • 00:02:51
    company that has access to all the
  • 00:02:53
    steps, the processes, the SOPs,
  • 00:02:55
    essentially is the company AI. It will
  • 00:02:58
    allow people to be so much more
  • 00:03:00
    efficient and have everybody have the
  • 00:03:02
    answers to their biggest questions in
  • 00:03:04
    real time. So, now that you've got your
  • 00:03:06
    industry, you need to figure out how to
  • 00:03:08
    help them. Which brings us to step
  • 00:03:09
    number two. Pick a high margin model.
  • 00:03:12
    Margins are your moat. They stack to
  • 00:03:14
    that moat you've already started. It
  • 00:03:16
    protects your business. Most people
  • 00:03:17
    don't understand what a margin is. If
  • 00:03:19
    you sell a product for $100, but it cost
  • 00:03:21
    you $20, your margin is $80, which is
  • 00:03:24
    about 80%. The key is is you don't want
  • 00:03:27
    to be in a business that has margins
  • 00:03:28
    that are only 20 or 30%. Think
  • 00:03:30
    restaurants or brickandmortar businesses
  • 00:03:32
    with a bunch of overhead. Those are bad
  • 00:03:34
    businesses to be in. So to win in
  • 00:03:36
    today's market, you have to pair AI with
  • 00:03:39
    a high margin business model. These are
  • 00:03:41
    the four for 2025. Number one, AI
  • 00:03:43
    services with about 70% gross margin.
  • 00:03:46
    This is building workflow and automation
  • 00:03:49
    for people that want AI in their
  • 00:03:51
    business. And it's literally getting
  • 00:03:53
    paid to set up make, Zapier, NAN, or my
  • 00:03:56
    favorite, Gum Loop. Number two is AI
  • 00:03:58
    consulting, and that's where you can get
  • 00:04:00
    into 80% gross margin. And this is being
  • 00:04:02
    a lot more hands-on with these companies
  • 00:04:04
    to help them understand not only how to
  • 00:04:06
    build the services, but also build the
  • 00:04:08
    strategy behind deploying AI and making
  • 00:04:10
    their business AI first, not getting
  • 00:04:13
    sidelined by other people using AI.
  • 00:04:15
    Number three is AI software with gross
  • 00:04:17
    margin at 90%. That's my world. That is
  • 00:04:19
    literally looking at a workflow or a
  • 00:04:22
    process and thinking about if I use AI
  • 00:04:24
    as a primary driver for solving that
  • 00:04:27
    problem, how would the software work?
  • 00:04:29
    And the crazy part is is there's no more
  • 00:04:31
    workflow. A lot of the AI software is
  • 00:04:33
    powered through text like chat, voice,
  • 00:04:36
    or just does on the back end and you
  • 00:04:37
    never see anything. Like I believe in
  • 00:04:39
    this one so much that I've gone all in
  • 00:04:41
    on building an AI venture studio. One of
  • 00:04:43
    the products that we're building at
  • 00:04:44
    Martell Ventures is an AI powered
  • 00:04:46
    business dashboard to tell you where the
  • 00:04:48
    problems are in your business and how to
  • 00:04:50
    fix them. Number four is AI digital
  • 00:04:52
    products. And this is 95% because if you
  • 00:04:55
    build one program on AI and you sell it
  • 00:04:57
    a thousand times, there's no real cost
  • 00:04:59
    other than the hosting. And I've seen a
  • 00:05:01
    proliferation on all the social
  • 00:05:03
    platforms around people that are
  • 00:05:04
    building massive audience like my buddy
  • 00:05:06
    Dave Eilar where he's got 15,000 people
  • 00:05:09
    in his community and he's monetizing
  • 00:05:11
    using these digital products that help
  • 00:05:12
    them go get better in their craft. And
  • 00:05:14
    then he has this massive community that
  • 00:05:16
    he gets to serve which brings us
  • 00:05:17
    directly to step number three. Sell to a
  • 00:05:19
    rich customer. So Dan Kennedy, the
  • 00:05:21
    marketing godfather, had this great
  • 00:05:23
    quote. He said, "It's easier to make a
  • 00:05:25
    million dollars selling to millionaires
  • 00:05:26
    than to make a million selling to
  • 00:05:28
    everyone." So to win in today's AI
  • 00:05:31
    world, you have to find millionaires in
  • 00:05:33
    those boring industries. So these are
  • 00:05:34
    the five hacks, the last one's going to
  • 00:05:36
    blow your mind, that I use to meet these
  • 00:05:38
    millionaires. Number one is industry
  • 00:05:40
    specific events. This means you either
  • 00:05:42
    go to them or you help create them. When
  • 00:05:44
    I moved to San Francisco in 2008, I
  • 00:05:46
    didn't know a soul. But a friend of mine
  • 00:05:48
    said that all the people that you want
  • 00:05:49
    to get to know are speakers at the
  • 00:05:51
    event. So go to the events. But better
  • 00:05:53
    yet, what I did is I reached out to the
  • 00:05:54
    organizer and I asked them to help out.
  • 00:05:56
    So then I got access to the green room
  • 00:05:58
    where the speakers were and that's how I
  • 00:06:00
    started to build my network. Number two,
  • 00:06:02
    hyperpersonalized email. When I say
  • 00:06:03
    hyper, I mean like write the freaking
  • 00:06:06
    thing. I remember years ago I got a cold
  • 00:06:08
    email from a guy named Chris and he's
  • 00:06:10
    like, "Hey Dan, I know you don't know
  • 00:06:11
    me. This is a cold email, but I follow
  • 00:06:13
    your content. I kept reading and he
  • 00:06:14
    said, "I can make you money with your
  • 00:06:16
    email. Give me a shot." Because of that
  • 00:06:18
    hyperpersonalized email, I let him take
  • 00:06:20
    a shot. We sent the email. It made me
  • 00:06:23
    money. Chris today makes seven figures
  • 00:06:25
    working on my team. Number three, offer
  • 00:06:27
    an interview. I think using a podcast to
  • 00:06:30
    build your platform to get you access to
  • 00:06:32
    the world's top millionaires in your
  • 00:06:34
    space for where you're building your AI
  • 00:06:36
    solution is a beautiful way to network.
  • 00:06:38
    Think of it as flattery marketing. You
  • 00:06:41
    know you want to sell to this customer,
  • 00:06:42
    you need to talk to them. Your ask
  • 00:06:44
    initially is to get them on your
  • 00:06:45
    podcast. They probably are going to ask
  • 00:06:46
    you what you do. You tell them, they go,
  • 00:06:48
    "Geez, that's what we need. Could you
  • 00:06:49
    come talk to my team about that AI thing
  • 00:06:51
    you do?" And that's how you build
  • 00:06:53
    relationship at scale to meet the
  • 00:06:54
    millionaires to make money. Number four
  • 00:06:56
    is host the meetup. And I'm doing this
  • 00:06:57
    every week. I literally go through
  • 00:06:59
    social media, find people that are doing
  • 00:07:02
    cool things, and then I reach out to
  • 00:07:03
    them to join a roundt on Zoom. So, I
  • 00:07:06
    keep it super simple and we just
  • 00:07:08
    connect, share what we're learning in
  • 00:07:09
    the industry and offer to be helpful to
  • 00:07:11
    everybody else. So, you don't have to
  • 00:07:12
    make it more complicated than that.
  • 00:07:14
    People just want to meet other people
  • 00:07:15
    just like them. If you're going to do
  • 00:07:17
    the work to organize a meetup or a Zoom
  • 00:07:19
    call or a mastermind, they're going to
  • 00:07:21
    show up. Five, host a founders dinner.
  • 00:07:23
    And this is for me a theme dinner. Think
  • 00:07:25
    of like AI founders dinners. So, coming
  • 00:07:27
    up, I'm going to be in San Francisco.
  • 00:07:29
    I'm organizing a founders's lunch AI
  • 00:07:31
    focus, a founders dinner AI focus, and
  • 00:07:33
    I'm going to find people on Twitter and
  • 00:07:35
    online that are living in those cities.
  • 00:07:36
    Invite them to those meals and get to
  • 00:07:38
    connect with them breaking bread. So,
  • 00:07:40
    now that you're crystal clear on your
  • 00:07:42
    customer, let's start building your
  • 00:07:43
    offer. Which brings us directly to step
  • 00:07:45
    four. Create a high cash flow offer.
  • 00:07:47
    See, in business, I realized that
  • 00:07:50
    profit's cool, margins are cool, but if
  • 00:07:52
    you don't have cash, then your business
  • 00:07:54
    is really tough to grow. When I was
  • 00:07:56
    building Spheric, my first company, we
  • 00:07:58
    grew so fast that there was this sound
  • 00:08:00
    of cash flying out the door that always
  • 00:08:03
    made it hard for us to scale until a
  • 00:08:05
    mentor came into my life and showed me
  • 00:08:07
    how to set my pricing and get my offer
  • 00:08:09
    right so that I stopped financing my
  • 00:08:11
    customers problems. What most people
  • 00:08:13
    don't realize is for a company to grow,
  • 00:08:15
    it requires money. And most businesses
  • 00:08:18
    don't create their offers to be able to
  • 00:08:20
    finance the growth. So then you end up
  • 00:08:22
    acting like a bank to help your
  • 00:08:24
    customers pay to solve their problems.
  • 00:08:27
    See, revenue in a business, that's
  • 00:08:28
    vanity. Profit is sanity, but cash flow
  • 00:08:32
    is for your vitality. So here are the
  • 00:08:34
    key components to building a high cash
  • 00:08:36
    flow offer. Number one is anchor
  • 00:08:38
    pricing. And this will change the game
  • 00:08:39
    for you. Doesn't matter what business
  • 00:08:41
    you're in. In your pricing options, you
  • 00:08:43
    want to have something that's really
  • 00:08:44
    expensive. usually three to five times
  • 00:08:46
    more than the second tier in your
  • 00:08:48
    pricing cuz then it makes everything
  • 00:08:50
    else look cheap. So for example, if you
  • 00:08:52
    sell AI consulting, make sure the top
  • 00:08:54
    tier is three to five times more
  • 00:08:56
    expensive than your middle tier or your
  • 00:08:58
    lower tier to make those ones easier
  • 00:09:00
    options for people to say yes to. Number
  • 00:09:01
    two is implement scarcity. And you have
  • 00:09:03
    to say this cuz it's probably true that
  • 00:09:05
    there's only a few spots for you to be
  • 00:09:06
    able to help those customers. So if they
  • 00:09:08
    want to get started, they need to put a
  • 00:09:10
    deposit down today to lock in their spot
  • 00:09:12
    for you to get started. If not, there's
  • 00:09:13
    no reason for them to make a decision
  • 00:09:15
    today. Number three is add a bonus. The
  • 00:09:18
    best bonus, something extra to give, is
  • 00:09:20
    usually the solution to the problem
  • 00:09:22
    you're going to create after you solve
  • 00:09:24
    the problem they came to you for. So, if
  • 00:09:26
    you're helping them build an AI agent,
  • 00:09:28
    well, the next problem they're going to
  • 00:09:29
    have is training their team. So, your
  • 00:09:31
    bonus would be free training after you
  • 00:09:34
    build the AI agent. And my rule of thumb
  • 00:09:35
    is I want to make the bonus even more
  • 00:09:38
    valuable than the initial offer so that
  • 00:09:40
    they feel like it's a no-brainer. Number
  • 00:09:42
    four is volume pricing. And I know I
  • 00:09:44
    said no discounts and this is not a
  • 00:09:45
    discount. This is what you do if you can
  • 00:09:47
    get them to buy a lot more of what you
  • 00:09:48
    got. So if your initial pricing is for
  • 00:09:50
    one year, but you can get them to buy
  • 00:09:52
    two, 3 years worth of what you've got,
  • 00:09:54
    then offer some volume discount. If it's
  • 00:09:56
    for one seat of your software, what if
  • 00:09:58
    they buy a 100 seats? How much cash can
  • 00:10:00
    you get upfront from the customer
  • 00:10:02
    transaction? Because all that money that
  • 00:10:04
    you're prepaying for a service that you
  • 00:10:05
    deliver on later is your cash flow
  • 00:10:07
    you're going to use investing growth. To
  • 00:10:09
    make this even simpler, if you want my
  • 00:10:10
    internal offer template, just go find me
  • 00:10:13
    on Instagram at Dan Martell2 Martell on
  • 00:10:15
    Instagram. Just message me YouTube offer
  • 00:10:17
    and I'll send you my internal playbook.
  • 00:10:19
    Now that you got your offer, what do you
  • 00:10:21
    do? Which brings us directly to step
  • 00:10:22
    five. Sell before you build. Most people
  • 00:10:25
    end up sitting down getting ready to do
  • 00:10:27
    business and then finally go out to the
  • 00:10:29
    world and say, "Hey, buy my thing." to
  • 00:10:31
    find out nobody wanted to buy the thing
  • 00:10:33
    because the way you designed it, the way
  • 00:10:35
    you packaged it, the way it works is
  • 00:10:36
    just not what they want. I've seen
  • 00:10:38
    business person spend hundreds of
  • 00:10:40
    thousands of dollars, find out nobody
  • 00:10:42
    wanted to buy their AI solution. What I
  • 00:10:43
    recommend is create the designs of what
  • 00:10:46
    you want and then go to the market and
  • 00:10:48
    have that conversation because no
  • 00:10:50
    business survives first contact with the
  • 00:10:52
    customer. Your key is to pre-ell your AI
  • 00:10:55
    solution to then fund your development
  • 00:10:57
    so that you don't build something nobody
  • 00:10:59
    wants. So here are the four key steps
  • 00:11:01
    that you need to learn on how to
  • 00:11:03
    pre-sell your AI solution. Number one is
  • 00:11:05
    prototype. This is the gamecher today.
  • 00:11:07
    We live in this world that you can
  • 00:11:09
    prototype your solution using paper.
  • 00:11:11
    That's an easy one. Figma is a more
  • 00:11:13
    advanced one. Balsamic is really cool.
  • 00:11:15
    Or go as crazy as like invision and
  • 00:11:18
    really highfidelity mockups where it's
  • 00:11:20
    literally almost photorealistic
  • 00:11:22
    simulation of your AI solution so that
  • 00:11:25
    you can demo it to people and say here's
  • 00:11:26
    what it costs and get them to buy.
  • 00:11:28
    Number two is find your early adopters.
  • 00:11:30
    These are people within your industry
  • 00:11:32
    that are willing to take a little bit of
  • 00:11:34
    risk. They're the founding 50, I call
  • 00:11:36
    it. Those 50 get to co-create the
  • 00:11:38
    software with you so that they help
  • 00:11:40
    drive the product roadmap, but they're
  • 00:11:42
    your early adopters. These are your
  • 00:11:43
    customers that are going to be on board
  • 00:11:45
    for the long haul. And those ones, you
  • 00:11:46
    want to give them a bonus. You might
  • 00:11:48
    give them time with your team. You might
  • 00:11:50
    allow them to shift priorities in your
  • 00:11:52
    road map. I've had people put the name
  • 00:11:54
    of their founding 50 on the about page
  • 00:11:56
    to thank and acknowledge them for
  • 00:11:58
    supporting them in the early days.
  • 00:11:59
    Whatever it is, make sure you go find
  • 00:12:00
    those early adopters. Number three is
  • 00:12:02
    ask for advice. Here's what I've
  • 00:12:04
    learned. If you want to sell, don't try
  • 00:12:05
    to sell. Ask for advice. If you ask for
  • 00:12:07
    money, you'll get advice. If you ask for
  • 00:12:09
    advice, you get money twice. Okay,
  • 00:12:11
    that's a pitbull lyric, but it works the
  • 00:12:13
    same. If I reach out to people on
  • 00:12:14
    LinkedIn and say, "Hey, I'm building
  • 00:12:15
    this new AI. I'd love to get your
  • 00:12:16
    advice." And then you demo this
  • 00:12:18
    prototype software. They go, "Wow,
  • 00:12:20
    that's amazing. How do I get access to
  • 00:12:21
    it?" He says, "Well, it's still early,
  • 00:12:22
    but if you want to be part of the
  • 00:12:24
    founding 50, here's how it works, and
  • 00:12:25
    you'll get first access in the next 90
  • 00:12:27
    days, cuz then you take all that money
  • 00:12:28
    and you go build it, and then you
  • 00:12:30
    deliver the software." Step number four
  • 00:12:31
    is one conversion tool. This is how you
  • 00:12:34
    sell your solution. Maybe it's going
  • 00:12:36
    through partners that allow you to
  • 00:12:37
    present your solution on a big webinar
  • 00:12:39
    or it's using sell by chat cuz you have
  • 00:12:41
    a big social media audience or you're
  • 00:12:42
    just picking up the phone and doing
  • 00:12:43
    outbound calls. Just choose one and go
  • 00:12:46
    deep. And to do this the best you want
  • 00:12:48
    to automate it and have a tool to do
  • 00:12:49
    this. So for example, sell by chat, use
  • 00:12:51
    Revio. If you're going to do calls, you
  • 00:12:54
    want to use a tool for that. But that's
  • 00:12:55
    how you scale that one conversion tool
  • 00:12:57
    to really get your first money to scale
  • 00:12:59
    your AI solution. Now that you got some
  • 00:13:01
    money in the bank, it's time to build.
  • 00:13:03
    Which brings us directly to step six.
  • 00:13:05
    Build your MVP or what's called your
  • 00:13:06
    minimal viable product. You know what's
  • 00:13:08
    crazy? Years ago, one of my buddies
  • 00:13:10
    called me up cuz he needed a favor. And
  • 00:13:12
    he asked me if I could look into this
  • 00:13:13
    software product he built. And he was 3
  • 00:13:15
    years building this software. He hired
  • 00:13:17
    an agency. They took all his money. They
  • 00:13:19
    never told him to ship it. They never
  • 00:13:21
    told him to do anything different cuz
  • 00:13:22
    why would they? They're getting paid.
  • 00:13:23
    And I asked him how much money he was in
  • 00:13:25
    so far for this software. $3 million.
  • 00:13:29
    essentially had a profitable business
  • 00:13:31
    that turned out to be less profitable
  • 00:13:32
    because it financed the software. Don't
  • 00:13:34
    do that. I'm going to teach you how to
  • 00:13:36
    build an AI MVP that doesn't break the
  • 00:13:38
    bank. Number one is no code. This is
  • 00:13:41
    using pre-made tools like gum loop I
  • 00:13:43
    mentioned earlier, go highlevel, make,
  • 00:13:45
    nadn, there's literally existing noode
  • 00:13:48
    platforms where for most of you that are
  • 00:13:50
    building AI solutions, you can just use
  • 00:13:52
    that and keep selling it over and over
  • 00:13:55
    and over again. Number two is AI code.
  • 00:13:57
    If you need something more advanced,
  • 00:13:59
    there's literally new coding platforms
  • 00:14:01
    powered by AI. It's kind of like this
  • 00:14:03
    new thing called Vibe Coding. And I mean
  • 00:14:06
    tools like Replet and Bolt and Cursor
  • 00:14:08
    and many others. You can even use Chad
  • 00:14:10
    GPT to write the code and do things that
  • 00:14:12
    are more advanced. And if you don't know
  • 00:14:13
    how to use these tools or deploy your
  • 00:14:15
    code, ask Chad GPT. It'll literally walk
  • 00:14:17
    you right through the whole thing. Third
  • 00:14:19
    is hire an AI developer. I literally
  • 00:14:21
    hired one today. And for me, it's all
  • 00:14:23
    about test project first to see if they
  • 00:14:25
    know what they're talking about. culture
  • 00:14:27
    fit. Have that conversation with them.
  • 00:14:29
    Tell them the way you work so they're
  • 00:14:30
    not surprised. And then be sure when you
  • 00:14:32
    hire them that you've done the
  • 00:14:33
    pre-elling because you have the
  • 00:14:35
    wireframes in the solution that you've
  • 00:14:37
    sold to give to the AI developer to
  • 00:14:39
    build so they hit the ground running.
  • 00:14:41
    But without this next step, you're going
  • 00:14:42
    to overwhelm yourself with work. Which
  • 00:14:44
    brings us directly to step seven.
  • 00:14:46
    Automate the delivery. Here's what most
  • 00:14:48
    people don't realize is that automation
  • 00:14:50
    turns your offer into a machine. One
  • 00:14:52
    that works while you sleep. I had a
  • 00:14:54
    friend Rachel years ago come to me
  • 00:14:56
    because she was running an agency and
  • 00:14:57
    she got a bunch of business and she was
  • 00:14:59
    overwhelmed and she's stressed out. And
  • 00:15:01
    I'm like, "How much of your thing that
  • 00:15:02
    you just explained to me did you set up
  • 00:15:04
    and automate?" She was like, "What do
  • 00:15:05
    you mean?" I was like, "Well, when you
  • 00:15:07
    sell something and they pay you, do you
  • 00:15:09
    have like onboarding automated or
  • 00:15:12
    scheduling or the reporting for them or
  • 00:15:14
    all the stuff that doesn't take you?"
  • 00:15:15
    And she's like, "No." Today, especially
  • 00:15:18
    with AI, you have a massive opportunity
  • 00:15:20
    to automate all the busy work in
  • 00:15:22
    business so that you can do the thing
  • 00:15:23
    that gets you paid. So, these are the
  • 00:15:25
    four areas of business that you need to
  • 00:15:27
    automate. Starting with the first one,
  • 00:15:29
    purchasing. I still see people not being
  • 00:15:31
    able to take payment. It sounds crazy,
  • 00:15:32
    but in a world of Stripe and Web Flow to
  • 00:15:35
    Gum Loop, you can set this up for
  • 00:15:37
    yourself. Number two, account login and
  • 00:15:40
    setups. I mean, once somebody pays you,
  • 00:15:42
    you can have all of the account
  • 00:15:44
    membership, the creation, all that stuff
  • 00:15:46
    set up on the back end. I think of
  • 00:15:47
    membership.io. It literally automates
  • 00:15:49
    your whole membership experience. So, if
  • 00:15:51
    you sell an AI membership, use that
  • 00:15:53
    platform, connect it to a Gum Loop in
  • 00:15:55
    your billing platform, and the whole
  • 00:15:56
    thing gets automated. Number three,
  • 00:15:57
    onboarding. When Rachel showed me the
  • 00:15:59
    amount of time she spent taking
  • 00:16:01
    information from her clients and going
  • 00:16:02
    back and forth, I'm like, that's a type
  • 00:16:04
    form. You take that whole intake, you
  • 00:16:06
    give it to them. They got to fill it out
  • 00:16:08
    to schedule their first call. And then
  • 00:16:09
    you can automate a bunch of cool AI
  • 00:16:11
    processing. Many people use that as the
  • 00:16:14
    inputs to actually do the work. Number
  • 00:16:16
    four, support. Post purchase, post
  • 00:16:18
    deployment, post customer using it,
  • 00:16:21
    they're going to have questions. You
  • 00:16:22
    want to make sure you create a knowledge
  • 00:16:24
    base with all your support questions
  • 00:16:25
    that AI uses as emails come in to scan
  • 00:16:28
    your answers and automatically reply as
  • 00:16:31
    a support agent. And the more you add to
  • 00:16:33
    that knowledge base, the better your
  • 00:16:34
    agent can add to those support emails
  • 00:16:37
    coming in from your customer. Which
  • 00:16:38
    brings us directly to step eight, get
  • 00:16:40
    greedy. Now, let me explain. It's kind
  • 00:16:42
    of crazy cuz I see this all the time. I
  • 00:16:44
    had an entrepreneur come to me recently
  • 00:16:45
    and he was like four or five months in
  • 00:16:47
    the business and he had an opportunity
  • 00:16:49
    to sell. My whole thing is is what
  • 00:16:50
    you're trying to build. Do you want to
  • 00:16:51
    be short-term greedy and take some cash
  • 00:16:53
    off the table a little bit or do you
  • 00:16:55
    want to be long-term greedy and build
  • 00:16:56
    some real wealth? Here's the three S's
  • 00:16:58
    that I think about to create AI wealth
  • 00:17:01
    in today's market. Number one is sell.
  • 00:17:03
    And that's short-term greed. That's
  • 00:17:04
    literally deciding to build a little
  • 00:17:06
    tiny app or a little tiny service. And
  • 00:17:08
    if somebody's willing to pay you some
  • 00:17:09
    money to save some time, you could sell.
  • 00:17:11
    The problem with that one is you just
  • 00:17:13
    didn't learn. You're just starting. And
  • 00:17:15
    the real value in all businesses is not
  • 00:17:17
    necessarily the money you make. It's the
  • 00:17:19
    experience that you gain. Number two is
  • 00:17:21
    scale. Keep that thing that's making
  • 00:17:23
    money. Keep printing money and keep
  • 00:17:25
    going. I remember my friend Chris at
  • 00:17:26
    Wistia, he had an opportunity to sell
  • 00:17:28
    and he realized that if he sold the
  • 00:17:30
    business, he would just start the exact
  • 00:17:31
    same business. So instead of selling, he
  • 00:17:33
    raised a bunch of debt to then buy out
  • 00:17:35
    his early little investors and then kept
  • 00:17:38
    with his partner building the business
  • 00:17:39
    that he enjoyed so much. Number three is
  • 00:17:41
    stack. And that's exactly what we're
  • 00:17:43
    doing at Martell Ventures. We work with
  • 00:17:45
    some of the smartest AI minds building
  • 00:17:47
    technology for small businesses to
  • 00:17:49
    essentially build a portfolio of
  • 00:17:51
    companies that are going to be the
  • 00:17:53
    solutions for the different categories
  • 00:17:55
    of problems small businesses have around
  • 00:17:57
    the world. If that's you, just find me
  • 00:17:59
    on Instagram and message me the word AI
  • 00:18:01
    ventures. And if you want to learn the
  • 00:18:02
    nine highinccome AI skills you need to
  • 00:18:05
    build this year, click the video and
  • 00:18:06
    I'll see you on the other
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  • AI revolution
  • wealth creation
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  • cash flow
  • minimal viable product
  • automation
  • long-term growth
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