7 Proven Ways to Make Money With AI (No Experience) — Transcript
Full transcript
- 0:00Believe it or not, everyone trying to
- 0:01make money with AI right now is making
- 0:04the exact same mistake. You see, most
- 0:06people think they have to build their
- 0:07own tool or some kind of AI startup, but
- 0:1099% of them will get demolished by the
- 0:13huge companies with millions in funding.
- 0:15Eman here is an investor and advisor to
- 0:17a multi-billion dollar AI company. So, I
- 0:20asked him to film this video with me to
- 0:22share his unique insight into where the
- 0:24industry is heading over the next few
- 0:26months. From what you're seeing, how are
- 0:28the people making serious money with AI
- 0:30doing it?
- 0:31>> Well, every business knows that they
- 0:32need to be using AI, but almost none of
- 0:35them know how to, which means that the
- 0:36real money goes to whoever can take
- 0:39these AI tools and put them to work for
- 0:41a business.
- 0:42>> And that's why today Eman and I are
- 0:43breaking down the proven ways to do just
- 0:46that. And we're going to be ranking them
- 0:47on this tier list. And as he's my guest,
- 0:50I'll let Eman [music] take the first
- 0:51one.
- 0:55>> So, this is all about getting paid to
- 0:56make [music] property listings look
- 0:58incredible. And you can use the AI to do
- 1:01all of the work for you. You see, every
- 1:03real estate agent and property owner
- 1:05knows that their photos are one of the
- 1:07first things that a buyer or a guest
- 1:09sees. And most of them are these rushed
- 1:12phone pictures with bad lighting and
- 1:14even worse angles. And most of them know
- 1:16that it's costing them inquiries, but
- 1:18they don't have the time or budget to
- 1:20hire a professional photographer to fix
- 1:22it. And that's where you come in.
- 1:24Because a few dollars in AI credits can
- 1:26turn these dodgy photos into something
- 1:28that looks like a professional shoot.
- 1:31And that's worth a lot more to them than
- 1:32what you charge. But, that's enough
- 1:34theory. How do you actually do this? So,
- 1:36you're going to start off by going to
- 1:37any property listing website. I'm here
- 1:40on Airbnb, but you can use Zillow,
- 1:42Property 24, or even booking.com. Look,
- 1:45it doesn't really matter. So, take some
- 1:47time to go look through all of the
- 1:48listings and photos, and I can
- 1:50immediately see there are some pretty
- 1:52bad ones here. So, your job, or in fact,
- 1:55I should say AI's job, is to fix that.
- 1:57So, the next step is you're going to
- 1:58take the photos here on the listing and
- 2:00then you're actually going to feed them
- 2:01into an AI image generation platform
- 2:04such as Hexfield. And then it's just a
- 2:05case of typing in a simple prompt like
- 2:07this in order to improve them.
- 2:11And there we go. Look at how much better
- 2:13these are already. But it doesn't stop
- 2:15there because the real opportunity is
- 2:17going one step further in creating a
- 2:19cinematic walk-through video generated
- 2:22from those same photos. Let me show you
- 2:23what I actually mean. So, I'm going to
- 2:25paste this prompt in here and see what
- 2:27it generates.
- 2:30>> [music]
- 2:34>> This is nuts you can do this from your
- 2:36laptop. And look, I get it from your
- 2:38perspective you're sat here and you're
- 2:39going, "Okay, well, why would a real
- 2:41estate agent or Airbnb host pay for
- 2:43this?" Well, it's quite simple. There
- 2:45are two main reasons. The first is
- 2:47rather obvious. Better photos and videos
- 2:49gets more inquiries and more inquiries
- 2:51means more bookings and more sales. But
- 2:53the second reason is the one that most
- 2:55people never think of. Time. I mean, a
- 2:58walk-through video actually does the
- 2:59first viewing for them because the
- 3:01buyers who don't like the layout, they
- 3:03filter themselves out at home. Okay? So,
- 3:05the agent only spends their weekend with
- 3:07people who actually want the place. So,
- 3:10if I wanted to offer this, how would I
- 3:11actually get my first client? Well,
- 3:13believe it or not, finding a list of
- 3:15potential clients is as easy as their
- 3:17names, emails, and phone numbers that
- 3:19are already sat here on online property
- 3:22listings. So, I'd pick a couple with
- 3:24terrible photos, I would improve them,
- 3:25and I would actually send them the
- 3:27before and afters as a free sample. This
- 3:30is pretty cheap and fast, so you can do
- 3:31lots of them for different agents. And
- 3:34then I would produce one walk-through
- 3:36video that you can use as an example of
- 3:38your work. Now, these are a little bit
- 3:39more expensive to generate, so I
- 3:41wouldn't waste money doing this for
- 3:43free. Then, when an agent bites on the
- 3:45photos, I would actually show them that
- 3:47example and offer the walk-through as
- 3:49the upsell. But how much money can you
- 3:51make? Look, I'm going to be honest.
- 3:53You're not going to be charging
- 3:54thousands per video here. A walk-through
- 3:56and some improved images can be priced
- 3:58about 100 bucks, but it only costs you a
- 4:01few dollars in credits to make. So, the
- 4:03profit margins are great. And as you
- 4:05land more clients with more listings,
- 4:07you can actually start charging monthly
- 4:08retainers. At that point, this can make
- 4:10you anywhere from 5 to 10,000 dollars a
- 4:12month. Look, it's not going to make you
- 4:14a millionaire overnight, but it's a
- 4:16pretty solid start. So, how quickly can
- 4:19you get started? Well, all you need is a
- 4:20laptop and a subscription to a platform
- 4:22like Higgsfield. You can land your first
- 4:24client this week and your first paid job
- 4:27can pay for the tool 10 times over. So,
- 4:30how competitive is it? I'd say this is
- 4:32low, well, at least for now. Most people
- 4:35haven't realized how good AI photo and
- 4:37video generation has become, but that
- 4:39window will close as the word gets out.
- 4:41So, being early here counts for a lot.
- 4:43The only thing holding it back is that
- 4:46it's a service, which means your time is
- 4:47the product. The more money you make,
- 4:49the more time it takes to fulfill the
- 4:51work. So, for that reason, I'm actually
- 4:53going to go ahead and put this in
- 4:56B tier. But, let's see if Mark's next
- 4:58one can beat it.
- 5:02>> Every creator [music] has a goldmine
- 5:04sitting in their back catalog, and most
- 5:06of them don't even realize. This idea is
- 5:09all about getting paid to dig it out.
- 5:10You see, loads of creators, podcasters,
- 5:13and business owners already putting out
- 5:15long-form content, such as a weekly
- 5:17podcast or a YouTube video, and they
- 5:19know they should be turning that into
- 5:21newsletters, short clips, X posts, and
- 5:24LinkedIn posts, because that's how you
- 5:26get in front of new audiences. Now, you
- 5:28might be wondering, why wouldn't they
- 5:30just paste it into ChatGPT themselves?
- 5:32The thing is, there's a bit more to it
- 5:34than that. You see, if you don't tell
- 5:36the AI how the creator actually talks,
- 5:39you just get a generic robotic post that
- 5:41nobody wants to read, and busy people
- 5:44don't have time to set that up properly.
- 5:46That's what they're paying you for. So,
- 5:48here's exactly how I'd do it. Step one,
- 5:51pick a creator or business that already
- 5:53makes long-form content. Now, for this
- 5:55demo, I'm going to use one of my videos
- 5:58from my new economics channel. This one
- 6:01here will do nicely, but
- 6:05you can use YouTube, Spotify, or any
- 6:07podcast. Step two, get the transcript.
- 6:11So, you can easily get this by heading
- 6:13over to an AI transcribing platform such
- 6:16as this one. It's pretty cheap to get
- 6:19the full transcript. Step three is where
- 6:21the magic happens. You need to set up a
- 6:23dedicated AI workspace for your client.
- 6:26Now, to do this, I'm going to sign into
- 6:29Claude and then new project.
- 6:33I'm going to name it after the client,
- 6:35something like Mark's
- 6:37economics.
- 6:39Then comes the important bit. Click here
- 6:42to add files and drop in everything you
- 6:45can find on them. Then I'll click set
- 6:48project instructions, and this is where
- 6:50you tell Claude exactly what you want.
- 6:55Now, as you can see, I've been really
- 6:58specific here, so it sounds like the
- 7:00client and not some generic robot. Step
- 7:03four, paste the transcript and let
- 7:05Claude get to work. There we go, and
- 7:07then I'll press enter.
- 7:12Look at that. From one video, we've got
- 7:15a newsletter, short-form scripts, X
- 7:18post, and LinkedIn post, all in the
- 7:20client's voice, and all in a couple of
- 7:22minutes. So, how would I get my first
- 7:24client? Well, as I said, there are
- 7:26thousands of creators and podcasters
- 7:29posting long-form content every week,
- 7:31and you can see exactly who's active.
- 7:34So, I'd pick a few who post a lot on one
- 7:36platform, but nowhere else. Someone with
- 7:39a great podcast, but no newsletter, for
- 7:41example. Then, I'll take one of their
- 7:44recent episodes, repurpose it, and send
- 7:47them the finished content as a free
- 7:48sample. But, before I send it off, I'll
- 7:51make sure to give everything a proper
- 7:52read-through, tweak anything that
- 7:54doesn't sound right, and check that it's
- 7:56accurate. After all, this quality
- 7:58control is what they'll end up paying
- 7:59you for. If they're impressed, you can
- 8:01then offer to do it on a paid basis.
- 8:03But, how much can you make? This one is
- 8:06great as most clients pay monthly based
- 8:08on how many pieces of content you
- 8:10produce each month. Which means you can
- 8:11make a few hundred to a couple of
- 8:13thousand dollars a month per client,
- 8:15depending on the volume and quality.
- 8:17That means you only need to land a
- 8:19handful of clients, and this can become
- 8:21a proper income. Your main costs are a
- 8:23QuillBot subscription and a
- 8:24transcription tool, but you'll easily
- 8:27pay for that with just one client. So,
- 8:29how quickly can you start? If you can
- 8:32read and can tell good writing from
- 8:33boring writing, you can be up and
- 8:35running within a few days. So, how
- 8:37competitive is it? I'd say there's a
- 8:39decent amount of competition as there
- 8:41are already agencies and freelancers
- 8:43doing this, and more people are catching
- 8:45on because the tools are so accessible.
- 8:48But, saying this, most of them just
- 8:49paste a transcript into an AI and send
- 8:51back whatever comes out. The ones who
- 8:54set it up properly and match the
- 8:55client's voice stand out. The only
- 8:57downside, just like Iman's first idea,
- 8:59is it's a service, so your time is still
- 9:02the product. But, as it's so simple,
- 9:04I've got to put it
- 9:06in the A tier. Actually, quickly before
- 9:08I hand back to Iman. Before we started
- 9:11filming, we both agreed on one idea that
- 9:13we believe is the biggest opportunity
- 9:16right now. But, it's so big that we
- 9:18couldn't do it justice in just one
- 9:20video. I mean, we can tell you the idea
- 9:22itself, but that's pretty useless
- 9:24without a plan on how to actually do it.
- 9:27So, we're doing something completely
- 9:28different. On November the 7th, we're
- 9:30hosting a free five-day event called the
- 9:33AI Income Challenge, where we won't just
- 9:35reveal this idea, we'll show you exactly
- 9:38how to build it step-by-step from
- 9:40scratch. I'll drop the link in the
- 9:41description, so go and save your spot
- 9:43right now because the people who move
- 9:45first on an opportunity like this are
- 9:47the ones who win. And the ones who wait
- 9:49until everyone else knows about it are
- 9:51the ones that get left behind. Right,
- 9:53over to you for the next [music] one,
- 9:54E-man.
- 9:57>> Every business has [music] a list of
- 9:59people who once said, "I'm interested."
- 10:02and were never followed up with. So,
- 10:04this idea is all about getting paid to
- 10:06go back and turn them into customers.
- 10:08You see, every time someone fills out a
- 10:10form or sends a message or calls a
- 10:11business asking about prices, they
- 10:14become something called a lead. But most
- 10:16of them never buy. So, all of these
- 10:18leads just sit there in a spreadsheet. A
- 10:20dentist, a gym, a roofer, a med spa,
- 10:23they've all got hundreds, sometimes even
- 10:24[clears throat] thousands of them just
- 10:26sat there gathering dust. And that's
- 10:28crazy because these are people who
- 10:30already showed interest. So, the hardest
- 10:32and most expensive part, which is
- 10:34actually getting them interested in the
- 10:36first place, has already happened. So,
- 10:38these dead leads are money just laying
- 10:40on the floor. Your job? Well, I guess in
- 10:43this case the AI's job is just to go
- 10:45ahead and pick it up. And do you
- 10:46remember how both of mine and Mark's
- 10:48last ideas were services? So, the more
- 10:50you earn, the more time it takes. Well,
- 10:52this one solves that because the AI does
- 10:54the heavy lifting. The first step is
- 10:56rather easy. You're going to take that
- 10:58list of old leads and load it into an AI
- 11:00tool that can actually text them. Now,
- 11:02for this case, I'm actually using a
- 11:03platform called HighLevel. For the
- 11:05purpose of this video, I've made a fake
- 11:07list of old leads for a dental clinic,
- 11:09so let's go ahead and import it. All
- 11:11you're going to do is click contacts and
- 11:13then import and upload the list. And
- 11:15there we go. There are all of our old
- 11:18leads ready to go. Now, in real life,
- 11:20this would be the list that the business
- 11:22already has sitting in their CRM or a
- 11:24spreadsheet. Step two is just to get the
- 11:27AI to write some natural-sounding
- 11:29messages. Now, I was just going ahead
- 11:31and playing around with Claude for a bit
- 11:33and it spat this out. Hey Sarah, it's
- 11:34Bright Smiles Dental. We came across
- 11:36your details from a while back. Are you
- 11:38still interested to get that checkup
- 11:40sorted? Step three, when Sarah replies,
- 11:42we're going to use AI to actually handle
- 11:44the conversation and there are lots of
- 11:46apps that have an AI bot for this.
- 11:48HighLevel's version is called the
- 11:50conversation AI. Just set one up and
- 11:52tell it what business it works for, what
- 11:54the services are, what the prices are,
- 11:57and its goals, which in this case will
- 11:59be booking an appointment. But why would
- 12:00a business pay you for this? Well, if
- 12:02you think about it, why wouldn't they?
- 12:04You're not asking them to spend any more
- 12:06money as you only get paid when an old
- 12:09lead turns into a customer. So, think
- 12:11about that from the owner's side.
- 12:12They're not paying for another piece of
- 12:13software that they might never use. They
- 12:16only pay when they also get paid. So,
- 12:18it's a win-win. Now, there's one rule
- 12:20that you need to stick to with this one
- 12:22and that is only messaging people who
- 12:24have previously opted in to hear from
- 12:26that business, which means their own old
- 12:29leads. You never run a list that you
- 12:31bought online. Also, you have to
- 12:33remember the rules on texting vary by
- 12:35country. So, just check what applies
- 12:37wherever you're operating and always
- 12:39give people an easy way to opt out. So,
- 12:42how much can you make? Well, because
- 12:44you're charging based on results, you
- 12:46can charge very handsomely, anywhere
- 12:47from 50 to a couple hundred dollars for
- 12:49each appointment that gets booked and
- 12:51shows up, depending on what the business
- 12:54actually sells. If you land a handful of
- 12:56clients, you could get to around $10,000
- 12:58a month. And because the AI handles the
- 12:59conversations, taking on more clients
- 13:01doesn't automatically mean that you
- 13:03spend every hour of your day working.
- 13:06But how quickly can you start? Look, I'm
- 13:07going to be honest, there's a bit more
- 13:09setup than my first idea because you
- 13:11have to learn the tool and how the
- 13:12conversations work, but you can have
- 13:15this up and running within a week or so.
- 13:17As for competition, this is better known
- 13:19than the real estate idea and there are
- 13:21already people offering lead
- 13:23reactivation, but there are far more
- 13:25local businesses sitting on neglected
- 13:27leads than there are people willing to
- 13:29go in and do it properly. So, the demand
- 13:32is still bigger than the supply. And the
- 13:34only downsides is a bit more setup and a
- 13:37bit more competition, which is why it
- 13:38was close to A tier, but for those two
- 13:41reasons, I'm actually going to put this
- 13:43in B tier. Let's see what Mark's got for
- 13:45us next.
- 13:47>> [music]
- 13:49>> This is all about getting paid to turn a
- 13:51business's terrible website into one
- 13:53that actually brings in customers. You
- 13:55see, most local businesses know their
- 13:58website is bad. It's slow. It looks like
- 14:00it was built in 2003, and it's
- 14:02impossible to use on a phone. But,
- 14:05redesigning it means finding a designer,
- 14:07waiting weeks, and paying thousands, so
- 14:09they just leave it. Luckily for you, AI
- 14:12can now build a modern website in
- 14:13minutes, so you can offer a makeover for
- 14:16a fraction of what an agency charges and
- 14:18still make a healthy profit. So, here's
- 14:20exactly how I'd do it. Step one, find a
- 14:23local business with a bad website, and
- 14:25there's loads out there. I'm going to
- 14:27head over to Google Maps and search for
- 14:30something like
- 14:32gardeners
- 14:34in
- 14:35Kent.
- 14:37And as you can see, a lot of these have
- 14:38websites that are outdated, slow, or
- 14:41don't work properly on mobile, so just
- 14:43click through a few and you will find
- 14:46plenty. Let's use this one for a quick
- 14:48demo. Now, apologies if this is your
- 14:50business, but you could really do with a
- 14:53makeover. Step two, use an AI website
- 14:56builder to make them a new one. So,
- 14:58let's go to my dashboard. It asked me to
- 15:01describe the website, so I'm going to
- 15:03type in something like modern
- 15:08mobile-friendly
- 15:09website
- 15:11for
- 15:12a gardening business
- 15:14in Kent,
- 15:16England.
- 15:18>> [snorts]
- 15:18>> Right.
- 15:19I'll then just have a look at their
- 15:21services, opening hours, and reviews,
- 15:23then list all that stuff in this prompt.
- 15:27Now, the more detail you give it, the
- 15:28better the results, and then press
- 15:31enter.
- 15:34And look at that. It's built a full
- 15:36website layout, text, images,
- 15:39everything. Now, if I want to change
- 15:41something, I can actually drag things
- 15:43around myself, or I could just tell AI
- 15:46what I want it to do for me. Look, it
- 15:49won't be perfect, so you'd always have
- 15:51to check the details, but as a starting
- 15:53point, that is insane. Here's the old
- 15:55website next to the new one. It's a
- 15:57night and day difference in my opinion,
- 16:00and let's just check it on mobile.
- 16:03There you go. How about that? That is
- 16:05pretty perfect, to be honest. Step
- 16:07three, send it to the business as a free
- 16:10sample. Now, I'm going to email them,
- 16:13"Hi,
- 16:14I noticed your website wasn't working
- 16:16well on mobile, so I put together a
- 16:20quick redesign.
- 16:22Here's what it could look like.
- 16:24Happy to make changes." Step four, if
- 16:27they like it, charge them to finish it
- 16:29and put it live, then offer to look
- 16:30after it monthly. So, how much can you
- 16:33make? Well, most local businesses will
- 16:35pay a few hundred to a couple of
- 16:37thousand dollars for a new website,
- 16:39which is far less than an agency would
- 16:41charge. Then you can add a monthly fee
- 16:43for hosting, updates, and small changes,
- 16:46which turns a one-off job into a
- 16:48reoccurring income. Your costs are an AI
- 16:50website builder and a bit of your time.
- 16:53So, how quickly can you start? Honestly,
- 16:56straight away. There's not much to learn
- 16:58because the AI does the design. What
- 17:01you're really learning is what makes a
- 17:02website work for a local business, such
- 17:05as clear services, easy contact details,
- 17:08and a good mobile layout. You can have
- 17:10your first sample done this week. What
- 17:12about the competition? Well, there are
- 17:15already lots of people building
- 17:16websites, and AI has made it easier for
- 17:19everyone. But, most of them just make
- 17:21something that looks nice. If you focus
- 17:23on sites that get customers to call or
- 17:25book, you'll stand out. The downside is
- 17:27that it's crowded, and like the other
- 17:29service ideas, it's mostly one-off jobs
- 17:32unless you build them up into a monthly
- 17:33client. For that reason, I'm going to
- 17:36put this one in the B
- 17:38C.
- 17:40Do you know what? This a hard one. I'm
- 17:42going to break the rules a little bit.
- 17:43I'm going to put it between the two.
- 17:46Right, back over to you, Eman.
- 17:49>> [music]
- 17:52>> This next one is all about getting paid
- 17:54to make the [music] ads the brands run
- 17:56on TikTok and Instagram without needing
- 17:58a camera or being an influencer. You
- 18:00see, before any of this, I actually ran
- 18:02a marketing agency. And back then, if a
- 18:04client wanted new ads, it was this whole
- 18:07operation. You needed designers,
- 18:09copywriters, and video editors. And for
- 18:11UGC ads, which are the ones where
- 18:13someone unboxes and uses a product, you
- 18:16had to ship products to creators. You
- 18:18had to wait for them to film, and only
- 18:20then could you turn that footage into
- 18:22ads. It was slow, it was expensive, and
- 18:25every new ad costed you time and money
- 18:28before you even knew whether it would
- 18:30work. But, you probably didn't realize
- 18:31that today you can create more than 10
- 18:33variations in one afternoon from your
- 18:36laptop for a fraction of the cost. So,
- 18:39here's exactly how you do it. Step one
- 18:41is you're going to pick an AI ad
- 18:42creation tool. There are loads of them
- 18:44out there.
- 18:45>> Now, for this demo, I'm going to use
- 18:46Hicks field, but to be honest, the same
- 18:47steps apply for most of the other tools.
- 18:49Step two is just upload all the data
- 18:51that it needs. I need to upload an image
- 18:53of an avatar, then some images of the
- 18:56products. We have this lip plumper I
- 18:58found earlier, so let's use that. Step
- 19:00three is just describe what we want her
- 19:02to do. The woman sits on her bed, holds
- 19:04the product to the camera, and looks a
- 19:07bit excited. She opens it, applies it
- 19:09while talking, and then gives it a
- 19:12thumbs up. And then for the actual
- 19:13words, something like, "So, everyone
- 19:15kept asking me what I was wearing on my
- 19:16lips, so here it is. This is the one.
- 19:19It's my everyday go-to now. Super easy
- 19:21to put on and I've had so many
- 19:22compliments. Link below if you want to
- 19:24try it." Now, let's click generate.
- 19:29>> Everyone kept asking what I'm wearing on
- 19:30my lips, so here it is. It's this little
- 19:32plumper I literally carry everywhere
- 19:34now. So easy to just click and
- 19:37swipe on.
- 19:39It's my everyday go-to, super easy, and
- 19:42I've had so many compliments. It's kind
- 19:43of funny.
- 19:45Links below if you want to try it.
- 19:46>> Look, there we have it. I would say that
- 19:48this has turned out pretty nicely. Now,
- 19:50if I was doing this for real, I would
- 19:51then take this video, I would send it to
- 19:53the brand, and see if they want to pay
- 19:55me to make more. And you wouldn't post
- 19:57the first version without checking it.
- 19:59Of course, you look at the product, the
- 20:00claims, and the branding, and really
- 20:02make sure that it all makes sense. It's
- 20:04the same value-first approach as Mark's
- 20:06website revamp idea. So, how much can
- 20:09you make? Well, this is where it gets
- 20:10serious because brands pay real UGC
- 20:12creators somewhere between $100
- 20:16or more for a single video depending on
- 20:18the creator and the usage rights.
- 20:21Package that as a monthly retainer for a
- 20:23set number of ads, and you could charge
- 20:25a few thousand dollars a month per
- 20:27client. But, how quickly can you start?
- 20:29Look, as you've seen, making a
- 20:30nice-looking ad is fast and easy, but
- 20:33making an ad that sells is a different
- 20:35skill because you have to learn hooks,
- 20:38angles, and what makes people stop
- 20:40scrolling. So, how competitive is it?
- 20:42Well, this is actually the most crowded
- 20:43idea that I've brought to the table
- 20:45today. AI ads are getting a lot of
- 20:47attention, and more people are offering
- 20:49them. The market is huge, so there's
- 20:51still room, but you're walking into a
- 20:54busy room. Now, that doesn't make it a
- 20:55bad idea. Out of everything on this
- 20:58board, it has the biggest earning
- 20:59potential. The demand never stops
- 21:01because brands always need new ads every
- 21:04week, and it pays monthly. But, it's
- 21:06only A tier if you're willing to learn
- 21:08how ads actually work. If you just want
- 21:11to start this week with no experience,
- 21:13it's a tougher road. So, I'm going to go
- 21:15ahead and put it into A-tier for
- 21:17potential with that big warning attached
- 21:20next to it. Okay, let's see what Mark
- 21:22has for us now.
- 21:27>> This is all [music] about getting paid
- 21:29to use AI to answer a business's
- 21:31customers questions for them. So, nobody
- 21:34on their team has to type the same reply
- 21:36for the hundredth time. You see, most
- 21:38businesses get the same questions over
- 21:40and over again. "Where's my order?
- 21:43What's your returns policy? Are you open
- 21:45on Sunday?" And someone has to answer
- 21:47every single one, usually while trying
- 21:50to run the rest of the business. Now,
- 21:52you might be thinking, "Why wouldn't
- 21:53they just add an AI chatbot themselves?"
- 21:56Well, I know from [snorts] experience
- 21:58that a chatbot dumped on a website with
- 22:01no training gives the wrong answers,
- 22:03which is worse than having no chatbot at
- 22:05all. Setting it up properly with the
- 22:07right information, the right tone, and
- 22:09knowing when to pass a customer to a
- 22:11human is what businesses will pay you
- 22:13for. So, here's exactly how I'd do it.
- 22:16Step one, pick an AI support tool. Now,
- 22:19there are loads of them out there such
- 22:20as Tidio or Chatbase. They all work in a
- 22:23similar way, so try a few and see which
- 22:25one suits the type of business you want
- 22:27to work with. For this demo, I'll use
- 22:29Chatbase, but the same steps apply to
- 22:32the others. Step two is to feed it
- 22:35everything you know about the business.
- 22:37Let's use this one for a quick demo.
- 22:39Now, I'm going to paste their website in
- 22:42here so that it can read the pages. Of
- 22:45course, the more information you give
- 22:47it, the better the answers. So, feel
- 22:49free to download their frequently asked
- 22:51questions and returns policy. I'm just
- 22:53doing the website address for the sake
- 22:55of speed. Step three, set the rules and
- 22:58test it. I'm just going to type
- 23:00something like,
- 23:02"You are
- 23:03a customer support assistant.
- 23:07>> [snorts]
- 23:08>> Keep the answers short and friendly.
- 23:13Only answer using the information
- 23:15provided." Now, that's important. "And
- 23:17if you don't know,
- 23:19say so and offer to pass the customer to
- 23:24a human." Now, for the most important
- 23:26part, the testing. That's the bit most
- 23:29people skip. So, I'm going to ask,
- 23:32"What's your return policy?"
- 23:37Okay, nice. Well, that lines up exactly
- 23:40with the business's actual policy. Of
- 23:42course, you should take some time asking
- 23:44as many questions as you can and
- 23:46double-checking the answers because if
- 23:48the bot makes up an answer, that's how
- 23:51businesses end up in trouble. So, how
- 23:53much can you make? Well, most people
- 23:56charge a one-off setup fee plus a
- 23:58monthly fee to keep it updated. How
- 24:00quickly can you start? Well, most of
- 24:03these tools set up in an afternoon and
- 24:05there's no coding involved. So, what
- 24:07you're really mastering is how to write
- 24:09good instructions and test the bot
- 24:11properly. Now, for the competition, I'd
- 24:14say this is medium to high. Chatbots are
- 24:16everywhere now and businesses can sign
- 24:19up to these tools themselves. But a lot
- 24:21of the ones you see are set up badly, to
- 24:23be honest. If you focus on getting the
- 24:25answers right, adding guardrails, and
- 24:27keeping it updated, you'll definitely
- 24:29stand out. The downside is that the
- 24:31tools are easy for businesses to buy
- 24:33themselves and if the bot gets something
- 24:35wrong, the blame lands on you. For that
- 24:38reason,
- 24:39I'm going to put this in the B tier.
- 24:42Alrighty, man, come on in. Let's talk
- 24:44about the last one together.
- 24:47>> [music]
- 24:50>> This idea is the one E-Man and I both
- 24:52agreed [music] is the biggest
- 24:53opportunity right now and it's exactly
- 24:56what we've been saving the STS spot for.
- 24:58>> That's right. We both asked ourselves,
- 25:00if we had to start again from zero today
- 25:04with everything that we know about AI,
- 25:06what's the single best way that we would
- 25:08choose to make money? And we actually
- 25:09landed on the exact same answer. And as
- 25:12Mark said, it beats everything else on
- 25:15this board.
- 25:15>> So, you're probably thinking, why
- 25:17haven't we told you what it is? I'll be
- 25:19completely honest with you. Cramming it
- 25:21into 5 minutes at the end of this
- 25:23YouTube video would ruin it. You get the
- 25:25idea, get excited, try it half-heartedly
- 25:28for a weekend, do it wrong, and quit.
- 25:30Exactly like most people do with every
- 25:32idea we've talked about today. This one
- 25:34deserves better than that, and quite
- 25:36frankly, so do you. That's why we've
- 25:39decided to show you how to do it
- 25:40properly.
- 25:41>> Exactly. So, November 7th, we are
- 25:43hosting a completely free 5-day event
- 25:46called the AI Income Challenge. And
- 25:49we're not just going to reveal this
- 25:50idea, we're going to build it out with
- 25:52you one day at a time. A real
- 25:55step-by-step plan that you can actually
- 25:57follow along in real time. So, here's
- 25:59what to do right now before you click
- 26:01off this video. Go to the link in the
- 26:03description, save your free seat for the
- 26:05AI Income Challenge starting November
- 26:077th.
- 26:07>> So, if you want to be there live when we
- 26:09reveal it, make sure to save your spot
- 26:11with the link in the description. And if
- 26:13you want to keep growing your wealth in
- 26:15the meantime, I'm going to leave another
- 26:16video right up there. But don't click on
- 26:18it just yet. Make sure to subscribe if
- 26:20you want to grow your wealth, okay? I'll
- 26:22see you over there.
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