Get Rich in the NEW Era of AI (2025)
5 sections
- 0:00AI agents are transforming industries, replacing teams, and changing how search engines like Google operate.
- “The AI revolution is here, and it's replacing whole teams and transforming the world.”0:00
- 0:10The speaker shares eight steps to capitalize on AI opportunities and achieve wealth, even starting from zero.
- 0:18Choosing the right industry is crucial for making money with AI; experience in tech shows the value of strategic focus.
- “Picking the wrong industry back then meant missing out on the biggest opportunities.”0:18
- 0:26With decades of experience building and investing in tech companies, the speaker understands industry shifts and opportunities.
- 0:43The most lucrative sectors are often the least exciting; they are overlooked but ripe for AI integration.
- “The right industries are often the boring ones — those nobody wants to talk about.”0:43
- 1:03AI can disrupt supply chain, admin, home services, legal, and team training, all of which are trillion-dollar sectors ripe for automation and efficiency gains.
- “AI that's able to read information systems like Dropboxes or CRMs to handle administrative work is going to be a huge money maker.”1:45
- “AI tools which analyze contracts or create drafts can generate significant income and improve workflow.”2:19
- 3:07Focus on AI services (70%), consulting (80%), software (90%), and digital products to maximize profitability and create competitive moats.
- “Pairing AI with high margin business models like AI services, consulting, or software is essential for success.”3:08
- “It's easier to make a million dollars selling to millionaires than to everyone, so target affluent clients in these industries.”5:22
- 5:23Sell AI solutions to wealthy clients in established industries to increase chances of success, leveraging industry-specific events to build networks.
- 5:54Build relationships by accessing speaker green rooms, hosting meetups, and organizing dinners to connect with industry leaders and potential clients.
- 6:00Send hyperpersonalized emails that are genuine and targeted, leading to successful collaborations and revenue growth.
- “Because of that hyperpersonalized email I let him take a shot; we sent the email, and it made me money. Today, Chris makes seven figures.”6:16
- 6:25Use podcast appearances to showcase expertise, attract top clients, and build relationships with high-net-worth individuals.
- 6:55Organize regular meetups and dinners to foster industry connections and create opportunities for collaboration.
- 7:41Design offers with high anchor pricing, scarcity, bonuses, and volume discounts to ensure steady cash flow and sustainable growth.
- “Profit's cool, margins are cool, but if you don't have cash, your business is really tough to grow.”8:06
- “Your top-tier pricing should be three to five times more expensive than your second tier to make other options attractive.”9:11
- “Scarcity creates urgency—say there are limited spots to encourage immediate action.”9:18
- “Add bonuses that solve the next problem after the main issue, making the offer irresistible.”9:34
- “Volume pricing isn't about discounts but about prepaying for larger quantities, boosting your cash flow.”9:43
- 10:19Create prototypes and engage early adopters to validate market interest and fund development, preventing waste on unwanted products.
- “Most people end up sitting down getting ready to do business, then find nobody wants to buy what they’ve built because it’s not what they need.”10:19
- 10:59Use easy tools like paper, Figma, or InVision to develop high-fidelity mockups for demonstrations that attract initial buyers.
- 11:26Target industry risk-takers willing to co-create, offering them benefits like recognition or influence on product development.
- 11:58Seek feedback and advice through demos to build trust, making it more likely they’ll invest once the product is ready.
- “Ask for advice, not just money, to build trust and get genuine feedback, which leads to actual sales.”12:16
- 12:29Use webinar presentations, social media outreach, or outbound calls combined with automation tools to convert interest into sales.
- 13:01Leverage no-code platforms or AI-powered coding tools for cost-effective MVP development, avoiding costly, prolonged projects.
- “Use no-code platforms or AI-powered coding tools to build an MVP quickly and cheaply, avoiding costly failures.”13:40
- 13:58Use AI-powered platforms like Replet, Bolt, and ChatGPT to accelerate coding, reduce errors, and streamline development processes.
- 14:14Hire specialized AI developers, assess their skills through test projects, ensure culture fit, and provide clear project frameworks for smooth collaboration.
- 14:44Automate onboarding, scheduling, reporting, and payment systems using AI to save time and reduce manual work, enabling focus on revenue-generating activities.
- “When you sell something and they pay you, do you have onboarding automated or scheduling or the reporting? That doesn't take you long.”15:06
- “Today especially with AI you have a massive opportunity to automate all the busy work in business so you can do the thing that gets you paid.”15:22
- 16:16Create comprehensive knowledge bases and use AI to automatically respond to customer inquiries, improving support efficiency and customer satisfaction.
- 16:40Focus on building scalable, long-term wealth by selling small solutions, scaling successful businesses, and stacking multiple AI ventures for sustained growth.
- “The real value in business is not necessarily money, but the experience you gain.”17:01
- “Instead of selling, raise debt and keep building the business you enjoy.”17:30
- “We work with AI experts to build solutions for small businesses worldwide, creating a portfolio of AI-driven companies.”17:47