Get Rich in the NEW Era of AI (2025)
Summary
Quotes
0:00The AI revolution is here, and it's replacing whole teams and transforming the world.
0:18Picking the wrong industry back then meant missing out on the biggest opportunities.
0:43The right industries are often the boring ones — those nobody wants to talk about.
1:45AI that's able to read information systems like Dropboxes or CRMs to handle administrative work is going to be a huge money maker.
2:19AI tools which analyze contracts or create drafts can generate significant income and improve workflow.
3:08Pairing AI with high margin business models like AI services, consulting, or software is essential for success.
5:22It's easier to make a million dollars selling to millionaires than to everyone, so target affluent clients in these industries.
6:16Because of that hyperpersonalized email I let him take a shot; we sent the email, and it made me money. Today, Chris makes seven figures.
8:06Profit's cool, margins are cool, but if you don't have cash, your business is really tough to grow.
9:11Your top-tier pricing should be three to five times more expensive than your second tier to make other options attractive.
9:18Scarcity creates urgency—say there are limited spots to encourage immediate action.
9:34Add bonuses that solve the next problem after the main issue, making the offer irresistible.
9:43Volume pricing isn't about discounts but about prepaying for larger quantities, boosting your cash flow.
10:19Most 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.
12:16Ask for advice, not just money, to build trust and get genuine feedback, which leads to actual sales.
13:40Use no-code platforms or AI-powered coding tools to build an MVP quickly and cheaply, avoiding costly failures.
15:06When you sell something and they pay you, do you have onboarding automated or scheduling or the reporting? That doesn't take you long.
15:22Today 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.
17:01The real value in business is not necessarily money, but the experience you gain.
17:30Instead of selling, raise debt and keep building the business you enjoy.
17:47We work with AI experts to build solutions for small businesses worldwide, creating a portfolio of AI-driven companies.