The EASIEST AI Side Hustle To Start Today (Copy This) — Transcript
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- 0:00So, in these uh three suitcases in front
- 0:02of me, I have different amounts of
- 0:05money.
- 0:05>> Mhm.
- 0:06>> And all I want you to do is to let me
- 0:09know if I was giving you this amount of
- 0:11money, what business you would start.
- 0:17Okay. So, the first one
- 0:21has
- 0:23$500. Yeah.
- 0:26Awesome. So, most people would look at
- 0:27this and think, "What am I going to do
- 0:28with $500?" This is a lot of money,
- 0:31right? In in the age of today with
- 0:3330-day free trials and uh a lot of
- 0:36Silicon Valley funded companies willing
- 0:38to give you a lot of money to test your
- 0:40product, this goes a long way. So, the
- 0:42first thing to come to mind that comes
- 0:44to mind is probably my favorite business
- 0:46idea of all right now. Thankfully, you
- 0:48can start it with even less than this.
- 0:50And that would be a business that helps
- 0:52implement AI into small businesses,
- 0:54small to mediumsiz businesses. So, some
- 0:56facts for you. There's 400 million small
- 0:59businesses on the planet. They've
- 1:01surveyed some of these business owners
- 1:03um and 77% of them have admitted that
- 1:08like AI would be transformational to
- 1:10their business, right? They need AI.
- 1:11It's not a fad. It's not going away. 5%
- 1:14of them have claimed they're using AI in
- 1:17a meaningful way, right? Right? And
- 1:18define that as you will. So basically,
- 1:20we have this knowledge gap, right? We
- 1:23know it's like a it's like a business
- 1:24cognitive dissonance, if you will. We
- 1:26know we need to do something and we're
- 1:27not doing it. Doesn't matter how easy
- 1:29the tools are. Doesn't matter how much
- 1:32you can create a new website or an app
- 1:33with one prompt. Um, they need someone
- 1:35to do it, right? I know how to vacuum my
- 1:38floor. I know how to clean my house. I
- 1:40still would rather just pay someone to
- 1:41do it. Okay? And so with a fifth of the
- 1:44money, call it a $100, I would start
- 1:46learning some vibe coding tools. Um,
- 1:49Replet, Lindy, there's a ton of them out
- 1:51there. What is vibe coding for anyone
- 1:52that doesn't?
- 1:52>> Vibe coding is the non-technical person,
- 1:56the non-coder such as myself, using
- 1:58their natural language to just say,
- 2:00"Hey, build me an app that manages
- 2:03customers for dog trainers." You'll have
- 2:06an app, right? Is it fully functional?
- 2:08Is workable yet? Not quite. But 10 to 20
- 2:11more prompts and you're good to go.
- 2:12>> And for anyone that doesn't know, I I
- 2:14would suggest I'm an investor in both
- 2:15lovable and replet. So disclaimer, but I
- 2:17would recommend going on Replet or
- 2:19Lovable and um typing in any website ID
- 2:24you have just to have that sort of
- 2:25Eureka moment of watching it be made in
- 2:27front of you. I think that Eureka moment
- 2:29is the moment your mind expands to the
- 2:30possibilities that are currently right
- 2:32in front of all of us.
- 2:33>> Yes.
- 2:33>> You know, we think of building websites
- 2:35or apps as exclusive to those that have
- 2:37spent 5 years learning to code. Mhm.
- 2:39>> That has now changed.
- 2:40>> Yeah, we can all do it.
- 2:42>> Yeah. And everyone should, like you
- 2:43said, one prompt, develop an app. Oh,
- 2:45what do I prompt? What do I build? Ask
- 2:46Chad GBT what to build. Copy paste one
- 2:49of those. Ask Chad to prompt it. Take it
- 2:51over to repletter lovable, paste it, and
- 2:53see what it builds. So, I would use this
- 2:55as my education and also to build a
- 2:58website, right? Chris's automations.com,
- 3:00whatever, anything. And then I would
- 3:03take the rest of the money and I would
- 3:05put it into ads, right? um preferably
- 3:08meta ads, Facebook ads, and I would
- 3:10target local businesses. Even though
- 3:12this is a global thing, if I live in
- 3:14Omaha, Nebraska, I could sell this to
- 3:15people in Tokyo. Doesn't matter. I'm
- 3:17going to put Radius around Omaha, and my
- 3:20ads are going to say, "I'm Chris and I
- 3:22can help put AI into your business. I'm
- 3:25going to use fifth grade words. I'm not
- 3:27going to use LLM. I'm not even going to
- 3:29say Chad GPT." I'm just going to say, "I
- 3:31will make your business more money or
- 3:33save your business money with AI." just
- 3:36a service business. And then I'll get on
- 3:38discovery calls with these business
- 3:39owners and I'll just start peppering
- 3:42them with questions about their
- 3:43business. And over time, I'm going to
- 3:45learn based on their answers what their
- 3:47problems are, what they're struggling
- 3:48with. Is it hiring? Is it payroll? Is it
- 3:50sales? Usually, it's going to be sales,
- 3:52right? And then I'm going to take this
- 3:54money over here, this $100, and go back
- 3:56to those apps and start building
- 3:58solutions for them for free just to kind
- 4:00of implement myself as an expert. And
- 4:02>> what are you going to charge them? I'm
- 4:04going to charge them between $500 and
- 4:06$5,000 upfront one time to implement it.
- 4:10And then I'm going to charge them 20% of
- 4:12that amount in an ongoing basis to
- 4:14maintain it and fix it as it breaks.
- 4:17Let's say there's a gutter cleaning
- 4:19business in Omaha, Nebraska that doesn't
- 4:22want to take calls after hours. He's
- 4:25with his wife watching Netflix and he
- 4:26knows that's a $3,000 job. He doesn't
- 4:29want to take it. So, it's going to
- 4:30voicemail and they're calling someone
- 4:32else that is taking it, right? So, I'm
- 4:34gonna build an AI voice agent for him,
- 4:36which sounds really intimidating. It
- 4:38feels like we have to have all these
- 4:39skills. You don't. You just need to
- 4:40prompt a couple tools a couple times.
- 4:42I'm going to build a voice agent for
- 4:43him. And then I'm going to tell him to
- 4:45call that agent as if he were a customer
- 4:47and say, "Hey, pretend you're a customer
- 4:48that needs gutter cleaning. You're
- 4:50calling at 9:30 p.m. and just see how it
- 4:52reacts." He's expecting there to be a
- 4:54delay. There's really not. He's
- 4:56expecting it to be dumb. There's not.
- 4:58He's expecting it to need to know all
- 5:00about his business. It doesn't, right?
- 5:02The AI knows about gutter cleaning
- 5:03businesses. Then he's sold, right?
- 5:06Charge him $3,000 for that. You build
- 5:09it. And then you charge them, call it
- 5:11500 or 600 a month to maintain it over
- 5:13time. And then the beautiful thing is
- 5:14you can go to every other gutter
- 5:15cleaning business in Omaha or anywhere
- 5:17and copy and paste that same app and
- 5:19sell it to them.
- 5:21>> Gotcha. So selling AI to small business
- 5:24owners who are in huge demand but don't
- 5:26have the time or think they need some
- 5:28sort of incredible
- 5:31expensive time and resource expensive
- 5:34competence to understand AI when
- 5:36actually AI is really really simple.
- 5:37>> Yes.
- 5:38>> And we see this play out over history
- 5:39where there's an initial arbitrage when
- 5:42a new technology comes into play. M in
- 5:44fact one of the call center jobs that I
- 5:47had when I was very very broke many many
- 5:48years ago when I was like 18 um or 19
- 5:52was calling businesses from the yellow
- 5:55pages and selling them Facebook ads.
- 5:58>> I would call a builder on a building
- 6:00site. I'd speak to Dave who's the owner
- 6:01of the building company and I'd explain
- 6:03Facebook ads to him over the phone and
- 6:05then I'd set them up for him and manage
- 6:08them for him on an ongoing basis and
- 6:10just send him the leads
- 6:11>> because he didn't understand Facebook
- 6:13ads. And these opportunities seem to
- 6:14exist
- 6:16>> for years when there's a new technology
- 6:18as as we're seeing with AI.
- 6:20>> But the thing is with that idea and with
- 6:21most ideas in my experience, we think
- 6:23there's a very limited time span. But if
- 6:25I were to start that business today and
- 6:27just start calling, it would work.
- 6:28>> Yeah, you could still do it. Yeah,
- 6:29>> I might have more competitors, but like
- 6:31it it doesn't matter. It would still
- 6:32work.
- 6:33>> Interestingly, the the issue back then
- 6:35was people didn't even know what
- 6:36Facebook ads were. So maybe it works to
- 6:38some degree better now. People have
- 6:40heard the word.
- 6:41>> Yeah. You were pretty early. Yeah, it
- 6:43was 2015 or something.
- 6:45>> So, it was it was quite rough, but it
- 6:47was a business nonetheless. Yeah.
- 6:48>> And there was 40 other people in the
- 6:49room with me in that call center doing
- 6:50it.
- 6:51>> Wow.
- 6:52>> So, that's the first idea you have.
- 6:53>> Yeah.
- 6:54>> What else? $500. What else could you do?
- 6:56Okay. Do you want a uh you want a
- 6:58physical business or an online business
- 6:59or does it not matter?
- 7:00>> What about a physical one?
- 7:01>> All right. For a physical one, I
- 7:03[snorts] would um have you heard of
- 7:06dropervicing?
- 7:07>> No. So the phrase drop shipping has kind
- 7:09of has a bad rap and some of it for good
- 7:11reason which is basically buying a
- 7:14product in China uh having a website for
- 7:17it and basically having the Chinese
- 7:19manufacturer or the supplier ship it
- 7:21directly to your customer so you don't
- 7:22have to take possession of the inventory
- 7:24right dropering is doing something
- 7:26similar with a service call it a let's
- 7:28call it a home service business right so
- 7:30in this case it would look like um a
- 7:32garage repair company that has a website
- 7:35that looks like they have a physical
- 7:36presence in a market, but is really just
- 7:38a lead genen factory, right? And so what
- 7:41you're doing is you're using Facebook or
- 7:43Google ads to generate leads, kind of
- 7:45like what you were doing on Facebook um
- 7:47for a local business, and then you're
- 7:49you're instead of just selling the leads
- 7:52for $20, you're actually doing more of
- 7:55the work, you're you're subcontracting
- 7:57out the work to a local business that
- 7:59actually repairs garage doors. They're
- 8:01the fulfillment arm of the business.
- 8:03You're the marketing arm of the
- 8:04business. So, in essence, you have a
- 8:06garage repair um business without
- 8:09actually having one. Like, you don't
- 8:10know anything about garage doors. You've
- 8:12never been on site. You're just drop
- 8:14servicing. You're you're sending all the
- 8:15work to a local company to do it.
- 8:17>> So, I a car repair company. I I put up a
- 8:20car repair website. I use Facebook ads
- 8:23to drive people towards it. When they
- 8:25click to buy my my car repair, I call a
- 8:29local car repair person and say, "Hey,
- 8:30I've got a customer here for you. Um can
- 8:33you take them?" I book the customer in.
- 8:35[clears throat]
- 8:35>> They handle the car repair. I take the
- 8:38payment and pay the garage. Yep. Great
- 8:40question. So, let's just say in your
- 8:42example, um, an oil change at at some at
- 8:45Bob's car repair that doesn't have a
- 8:46website is 40 bucks, which is a great
- 8:48price. Your website is clean. It's nice.
- 8:51They can pay with a few clicks and it's
- 8:5380 bucks, right? So, you call Bob one
- 8:55day and say, "Hey, congratulations. I
- 8:57have a lead and I don't have a lead. I
- 8:59have a customer. I want to send you $40.
- 9:01Her name is Mary. She's going to be
- 9:02coming in. She has a sequoia. She needs
- 9:04an oil change, right? And so Mary just
- 9:06interacts with you. She's trusting you
- 9:08with the money. You don't have to trust
- 9:10Bob with the money. Uh you just send Bob
- 9:12the money. You make even more margin
- 9:14than Bob makes. Right? It's a higher
- 9:16price service, but what you're charging
- 9:18for is the better UI, the better user
- 9:21experience, and having a a cleaner
- 9:22checkout method. And is there particular
- 9:25types of businesses you would target
- 9:26with that approach? Are you targeting
- 9:28ones that have a shitty customer
- 9:30experience, bad website, etc. in the
- 9:32home services like take your pick. Um
- 9:34they pretty much all do, right? Um there
- 9:37are some more established industries
- 9:38like roofing that don't have those
- 9:40issues uh because they have higher
- 9:41margins so they can afford better
- 9:43websites, but um they pretty much all
- 9:45have a bad experience. Any others at
- 9:48that $500 level that stand out to you?
- 9:50>> Yeah, I love um directory websites.
- 9:53>> What's that?
- 9:54>> So Trave Velocity is a directory
- 9:56website. Yelp is a directory website.
- 9:57It's a website with a list of things
- 10:00that helps people find answers to their
- 10:02questions more easily. So, another
- 10:04example of a website could be like
- 10:06Wisconsin um ice suppliers.com. I don't
- 10:10know if that's a website, right? Where
- 10:12if I need to go buy ice for my party,
- 10:14I'm going to Google ice near me. Um some
- 10:17categories are so niche or so unevenly
- 10:19distributed that Google Maps is not a
- 10:21good solution for it. Right? So, you're
- 10:23directed to these random directory
- 10:25websites that are just lists of other
- 10:27businesses. Um, and what people are
- 10:28doing is they're proactively creating
- 10:30their own directories by scraping uh
- 10:33let's say every dog park in Seattle,
- 10:35Washington, and putting them on a
- 10:37website and then they don't they don't
- 10:39even drive traffic to it. There's no
- 10:40paid ads. They just wait for Google and
- 10:43for SEO to do its trick. And it's very
- 10:45much an 8020 rule. you could kind of
- 10:48build the architecture for a directory
- 10:49website with replet or lovable and then
- 10:52you just copy and paste it right in
- 10:53different markets. Uh so the play here
- 10:55is to have dozens of directory websites
- 10:58and some of them make $0 a month, some
- 11:00make a few hundred, some make a few
- 11:01thousand, but it's very passive. It's
- 11:03like one of those rare things that's
- 11:05passive yet also doesn't need a ton of
- 11:08money to get to get started.
- 11:09>> Where's the money coming from? Where's
- 11:11the revenue?
- 11:12>> Great question. You can either do like
- 11:14display ads.
- 11:15>> What's a display ad? just a banner ad on
- 11:17a website.
- 11:18>> And are you having to go and sell that
- 11:19ad to someone that wants to buy it?
- 11:21>> You would just take Google's like ad
- 11:22network and just put it on your website.
- 11:25So you don't have to do anything.
- 11:26>> So you can just click a button and it'll
- 11:28add adverts to your website which you'll
- 11:29you'll then paid for.
- 11:31>> Yep. Or you could um you could just
- 11:33aggregate those leads. Like if we had
- 11:35dog parks in Seattle and you know we see
- 11:38on our Google Analytics that we're
- 11:39driving traffic to this one dog park,
- 11:41then we reach out to them proactively
- 11:43and say, "Hey, you notice all these
- 11:44customers you've been getting?" That's
- 11:45because I put you on my website. Would
- 11:47you like to pay $300 a year or a month
- 11:50or whatever for priority placement?
- 11:52Right? So, I like to call this
- 11:53permissionless marketing. Um, you're
- 11:55just proactively adding these businesses
- 11:57to a website. They have nothing to lose.
- 11:59You have nothing to lose. And then once
- 12:01you see traffic, then you reach out to
- 12:02them and say, "Hey, I've been bringing
- 12:04you more business. Would you like to
- 12:05start paying for that?"
- 12:06>> Interesting.
- 12:08And how much money can someone hope to
- 12:10make if they execute that strategy well
- 12:12in your view? What's realistic
- 12:13>> with a directory website? It could be
- 12:16tens of dollars a month and it could be
- 12:17tens of thousands of dollars a month.
- 12:19But we're not talking about building
- 12:20another Yelp or Travel Velocity. This is
- 12:22a zero employee business with that cost
- 12:25almost nothing, less than $100 to start.
- 12:28Um, but it's just a numbers game. You're
- 12:30not really going to know what directory
- 12:32really hits until months have passed and
- 12:34until you have a lot of surface area for
- 12:36these experiments.
- 12:39I hear a lot of people talking about
- 12:40vending machines online and I've always
- 12:43been really curious about that. People
- 12:44say you can make money from vending
- 12:46machines.
- 12:46>> Yeah. Could you do that with $500?
- 12:49Absolutely. So, if we were doing another
- 12:50physical business um I would go to
- 12:53Facebook Marketplace and I would find an
- 12:55existing vending machine uh for $3 to
- 12:59$400, right? That could be a snack or a
- 13:02drink vending machine. Um often times
- 13:04the expensive part of a vending machine
- 13:06is the credit card reader. It can often
- 13:08cost more or as much as the whole
- 13:09machine itself. And then I would use a
- 13:11$100 to stock the machine um with
- 13:14Costco. Costco Sam's Club is where all
- 13:16of these operators buy their snacks,
- 13:17believe it or not. And then I just need
- 13:19one business owner to give me a chance
- 13:21um to allow me to put the vending
- 13:23machine in his lobby. Let's say it's a
- 13:24car repair business. I can say, "Hey,
- 13:26I'll pay you 100 bucks a month." Or,
- 13:28"Hey, I'll split the revenue with you.
- 13:29I'll give you 30% of the revenue." And
- 13:31then once I have one, that's the hardest
- 13:33part. Now you have a track record. Now,
- 13:35you can say, "Hey, Bob's Auto Repair
- 13:36makes $700 a month passively cuz he let
- 13:39me put uh this vending machine there."
- 13:41This is a business that can be passive
- 13:42if you have an employee to restock it.
- 13:44That is the active part of the business
- 13:46is the restocking and the selling of new
- 13:48locations. Um, but if you have an ATM,
- 13:51then that becomes even easier because
- 13:53you can outsource all of the restocking
- 13:55to a cash management company.
- 13:57>> How much money could one person hope to
- 13:59make from a vending machine business?
- 14:00And have you ever run this business
- 14:01yourself?
- 14:02>> I have. I've actually been in a
- 14:04different part of the vertical. I've
- 14:05sold vending machines. I posted a a
- 14:07video to Instagram that got tens of
- 14:09millions of views and we started just
- 14:11importing those vending machines that I
- 14:13was talking about in the video uh and
- 14:15then selling them to entrepreneurs. But
- 14:17the level of revenue is I mean it's as
- 14:19much as you want to scale it. I have a
- 14:21friend in San Diego that makes seven
- 14:23figures a year uh on vending machines,
- 14:25just snacks and drinks. Is there an art
- 14:27to good vending machine placement or the
- 14:30right things to sell in the vending
- 14:31machine or anything else?
- 14:32>> Yeah, it's funny that you asked that
- 14:34because he said, you know, I'm in San
- 14:36Diego, people are health conscious here
- 14:38and he tested all these healthy concepts
- 14:40and they all failed. Like people want
- 14:42Doritos and Coke and Diet Coke, right?
- 14:44So that's all they have now. That's
- 14:46where the demand is. But the biggest
- 14:49needle mover on this is the location and
- 14:51it's a matter of testing. Back to
- 14:53testing, right? Testing what types of
- 14:54locations he landed on. um apartment
- 14:57complexes, like apartment lobbies. He
- 14:59tried auto repair shops and they just
- 15:01weren't high volume. But it's the type
- 15:03of business kind of like directories
- 15:05where if you have a 100 vending
- 15:06machines, um you're going to have 20 of
- 15:09them that make $3,000 a month each and
- 15:12then you're going to have 80 of them
- 15:13that make $400 a month each. But once
- 15:16you find out what types of locations are
- 15:18the most profitable, then you just start
- 15:20directly reaching out to those types of
- 15:22locations. If you love the DV CEO brand
- 15:24and you watch this channel, please do me
- 15:25a huge favor. Become part of the 15% of
- 15:29the viewers on this channel that have
- 15:30hit the subscribe button. It helps us
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