Unlock Multiple 6-Figures With AI Automation Products & Services

Stephen G. Pope
25 Aug 202410:42

Summary

TLDRThis video outlines a monetization strategy for launching an AI automation business, highlighting an 89% profit margin. The speaker emphasizes simplicity and speed, recommending starting with content creation, then building a funnel, and finally developing a product. They share their '99% method' for focusing on content and products, using a community funnel for traffic and sales, and minimizing time on other tasks. The video promises a future course on AI automation product development, aiming to streamline business growth.

Takeaways

  • 💰 The speaker shares a monetization strategy that generated $47,000 in 30 days by selling an Automation and AI product with an 89% profit margin.
  • 🏆 They highlight their success in the school games, reaching 12th place on the all-time leaderboard, and their strategy's effectiveness.
  • 📈 The speaker emphasizes the importance of simplicity and speed in building an AI automation business, recommending starting with content creation.
  • 📝 They suggest focusing on creating content consistently before building funnels and developing products to maintain momentum and reduce complexity.
  • 🎯 To achieve speed, the speaker advises reducing the scope of tasks and ruthlessly eliminating unnecessary activities to avoid burnout.
  • 📹 The content creation process involves selecting an AI automation project, building 80% of it, and recording the process for YouTube and TikTok.
  • 🔄 The speaker uses Ecamm Live to record screen and self, creating videos that can be repurposed for both YouTube and TikTok platforms.
  • 🌐 They mention that YouTube and TikTok are the most effective platforms for driving traffic and generating income, contrary to the common belief about TikTok's short video format.
  • 💼 The funnel strategy involves a community funnel with free and paid communities, leveraging high-performing video projects as free offers to attract members.
  • 🛍️ Product development is streamlined by turning the best-performing video projects into products, as demonstrated with the 'Content Engine Database'.
  • ⏰ The '99% method' for planning involves focusing 99% of time on products and content, with a strict one important task per day to maintain focus and productivity.

Q & A

  • What is the main focus of the monetization strategy discussed in the video?

    -The main focus of the monetization strategy is to generate income by selling an Automation and AI product, leveraging a content creation and community building approach.

  • What is the significance of the 89% profit margin mentioned in the script?

    -The 89% profit margin signifies the high profitability of the AI automation product being sold, indicating that a large portion of the revenue is retained as profit.

  • How much revenue was generated by launching a paid community, as stated in the video?

    -The video states that launching a paid community resulted in a monthly revenue of $60,000.

  • What is the recommended starting point for someone looking to build an AI automation business according to the video?

    -The recommended starting point is content creation, as it is considered the hardest part to get going and it serves as the foundation for attracting an audience.

  • Why is it suggested to build only 80% of a project when creating content for the video?

    -Building 80% of a project allows for the remaining 20% to be figured out during the recording process, which adds authenticity and engagement to the content creation.

  • What is the significance of the 'Inner Circle' mentioned in the script?

    -The 'Inner Circle' refers to the core activities where the majority of time should be spent, which includes content creation, funnel development, and product development.

  • How many videos per week is the video creator aiming to post on TikTok?

    -The video creator aims to post seven videos per week on TikTok, derived from one main YouTube video and additional subtopics.

  • What is the purpose of using a community funnel in the monetization strategy?

    -A community funnel is used to generate traffic and build a community where members can access free resources and services, ultimately leading to high-ticket service sales.

  • How does the video creator plan to turn video projects into products?

    -The video creator plans to turn the best-performing video projects into products by leveraging the interest and feedback generated from the community and social media platforms.

  • What is the '99% method' mentioned in the video and how does it contribute to the success of the business?

    -The '99% method' refers to the strategy of focusing 99% of time and effort on product and content development, which is considered the core of the business, while minimizing time spent on other tasks.

  • What is the role of the 'no code Architects' workshop mentioned in the video?

    -The 'no code Architects' workshop is a resource that provides pre-built videos and templates for automation, aiding those interested in building AI products and services.

Outlines

00:00

🚀 Monetization Strategy for AI Automation Business

The speaker outlines a comprehensive monetization strategy for selling an AI automation product, highlighting a successful case where $47,000 was generated in 30 days with an 89% profit margin. The strategy involves launching a paid community and emphasizes simplicity and speed in business development. The speaker shares a roadmap covering an overview of the strategy, breaking it down into phases, and introducing the '99% method' for planning. The first mistake to avoid is overcomplicating the process, which can lead to burnout. The focus should be on creating content, building a funnel, and developing a product, starting with content creation as it is often the most challenging. The speaker suggests keeping each stage simple to build momentum and speed up the process.

05:02

📚 Streamlining Content Creation and Funnel Building

This paragraph delves into the specifics of content creation for AI automation, suggesting a streamlined approach to avoid complexity and overwhelm. The process involves selecting an AI automation project, building 80% of it, and recording the construction process, which can later be repurposed for both YouTube and TikTok. The speaker recommends using Ecamm Live for recording, which allows for screen capture along with front and side-facing cameras. The resulting long-form YouTube video is then repurposed into 30-minute clips for TikTok, with additional short videos created from subtopics of the main project. The strategy aims to maximize efficiency by reusing content across platforms, leveraging the traffic generated by YouTube and the performance of longer TikTok videos.

10:03

🛠 Building a Funnel and Product Development from Community Engagement

The speaker discusses the construction of a sales funnel starting with a free community that offers access to free automation projects and booking calls for high-ticket services. A paid community is mentioned as an additional feature but not a necessity for starting. The funnel strategy involves leveraging the community for valuable resources and using successful video projects as freebies to attract members. Product development is portrayed as an extension of this process, where the best-performing projects are turned into products. The speaker shares their experience of creating an AI automation product called the 'Content Engine Database' by developing it based on feedback from TikTok. The focus is on minimizing work and maximizing the reuse of content to add value to the community, which in turn aids in product development and sales.

⏰ The 99% Method for Time Management and Business Growth

The final paragraph introduces the '99% method' for planning and time management, which the speaker claims is crucial for business growth. The method involves dedicating 99% of time to product and content development, ruthlessly eliminating other tasks to maintain focus. The speaker shares personal strategies for staying on track, such as using a simple notebook instead of a computer to avoid digital distractions. The approach emphasizes doing one important task per day with full focus and continually simplifying and reducing the scope of projects and tasks. The speaker also mentions upcoming courses and resources for those interested in AI automation, aiming to help others build their businesses by focusing on essential tasks and staying accountable.

Mindmap

Keywords

💡Monetization Strategy

A monetization strategy refers to the methods and plans used to generate revenue from a business model. In the context of the video, the speaker discusses a specific strategy they used to win school games, meet Alex Heroi, and generate substantial income within a short period by selling an Automation and AI product. The strategy emphasizes simplicity, speed, and leveraging content creation to drive sales.

💡Profit Margin

Profit margin is a financial metric that shows how much profit a company or product makes for every dollar of sales, expressed as a percentage. The video mentions an 89% profit margin, indicating that the speaker's business model is highly profitable, with nearly 90% of sales revenue turning into profit after costs.

💡Automation and AI Product

An automation and AI product refers to a software or service that uses artificial intelligence to automate tasks or processes. The video's speaker has successfully sold such a product, emphasizing the profitability of this market segment and the role of automation in enhancing productivity and generating income.

💡Content Creation

Content creation is the process of producing various forms of content, such as videos, articles, or social media posts, to engage an audience or promote a product. In the video, the speaker highlights content creation as the starting point for building an AI automation business, suggesting that consistent and quality content is crucial for attracting an audience and potential customers.

💡Funnel

In marketing, a funnel refers to the process that guides potential customers from initial awareness of a product or service to the point of sale. The video discusses the importance of creating a funnel once content creation is established, to streamline the customer journey and increase conversions.

💡Product Development

Product development is the process of creating a new product or improving an existing one. The speaker in the video talks about turning successful video projects into products, such as the 'Content Engine Database,' which was developed based on the feedback and interest generated from TikTok content.

💡Community

In the context of the video, a community refers to a group of people who share common interests or goals, often facilitated through an online platform. The speaker mentions launching a paid community as part of their monetization strategy, where members can access exclusive content, automation projects, and book calls for high-ticket services.

💡TikTok

TikTok is a social media platform known for short-form videos. The video script mentions using TikTok as a platform for posting content derived from YouTube videos, with a focus on 30-minute videos that perform well and drive traffic to the business.

💡YouTube

YouTube is a video-sharing platform that is central to the speaker's content strategy. The video discusses using YouTube for long-form content creation, which is then repurposed for TikTok and other platforms, highlighting the importance of YouTube in generating traffic and revenue.

💡No-Code

No-code refers to the ability to build applications or systems without writing code, often using visual programming or drag-and-drop interfaces. The speaker mentions 'No Code Architects' and a workshop on make.com, indicating that no-code tools can be used to create automations and streamline the process of building AI products and services.

💡Accountability

Accountability in the video refers to the responsibility and obligation to report, explain, or justify actions. The speaker is developing a method to help viewers stay accountable, suggesting that this will be a key component of an upcoming business strategy course focused on building AI automation products.

Highlights

A complete monetization strategy for winning school games and meeting Alex Heroi, generating $47,000 in 30 days with an Automation and AI product.

The profitability of AI automation offers with an 89% profit margin.

Launching a paid community to earn $60k per month in 2.5 months.

Being ranked 12th on the all-time leader board for the school games.

The importance of a simple strategy to avoid getting overwhelmed in building an AI automation business.

The three essential components for launching a successful AI automation business: content, a funnel, and a product.

The recommendation to start with content creation as it is usually the most challenging.

The emphasis on speed and building momentum as key factors for success.

The advice to keep the process as simple as possible to reduce complexity and increase efficiency.

The method of selecting an AI automation project and building 80% of it for recording purposes.

Using Ecamm Live for recording screen, front-facing, and side-facing cameras for YouTube content.

Posting seven videos a week on TikTok, primarily clips from the main YouTube video.

The effectiveness of 30-minute TikTok videos for generating traffic.

Focusing on YouTube and TikTok as the best-performing platforms for traffic and revenue.

Building a community funnel with a free community for traffic generation and high-ticket service booking.

The strategy of using the best-performing video projects as freebies to attract community members.

Product development by turning the best-performing projects into sellable products.

The 99% method for planning, focusing on products and content creation and eliminating other tasks.

Using a simple notebook for task management to avoid digital distractions.

The upcoming business strategy course focused on building an AI automation product.

Transcripts

play00:00

in this video I'm going to show you the

play00:01

complete monetization strategy I use to

play00:03

win the school games and meet Alex heroi

play00:05

and generate $47,000 in 30 days selling

play00:08

an Automation and AI product and I think

play00:10

what's worth pointing out is how

play00:11

profitable these types of offers and

play00:13

products can be with an 89% profit

play00:16

margin and how I was able to launch a

play00:18

paid Community to 60k per month in about

play00:20

2 and a half months and I'm currently 12

play00:22

on the all-time leader board for the

play00:25

school games now first let's go over the

play00:27

road map of what we're going to cover

play00:29

today first I'm going to do a high Lev

play00:30

overview of my simple strategy and then

play00:32

I'm going to break that strategy down

play00:33

into tangible phases and then I'm going

play00:35

to show you the 99% method that I use

play00:37

for planning my week now the first

play00:39

mistake that I see most people making

play00:41

right now is just trying to do too much

play00:44

and getting overwhelmed as they try to

play00:46

build out their AI automation business

play00:48

they're really filling their brain with

play00:49

all the strategy and tactics online and

play00:52

burning out so this is the same simple

play00:54

strategy that I use to build my business

play00:57

and I'm going to go through it here with

play00:58

you today and let's go ahead and talk

play01:00

about this Inner Circle here first this

play01:02

is where I spend the majority of my time

play01:04

and I'll break that down later in the

play01:06

video but the only things that we really

play01:08

need to launch a successful AI

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automation business is content a funnel

play01:14

and a product and if you're starting

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from scratch I usually like people to

play01:17

start here at content because this is

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usually the hardest thing to get going I

play01:21

often see people spend countless hours

play01:24

on their funnels and revamping those and

play01:25

redoing those over and over again so

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once you're actually creating content on

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a consistent basis we can go ahead and

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create that funnel and then once you

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have that funnel we can go ahead and

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start developing that product but this

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is the order that I generally recommend

play01:37

people get started and at each of these

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stages I also encourage them to keep it

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as simple as possible because one of the

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biggest factors to success is speed and

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building momentum in this process and so

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especially if you have limited time and

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you don't have people to help you it's

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important to reduce the scope of

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everything that you are trying to do

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usually what I see and I do this myself

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is people just give themselves too much

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to do they try to make their content

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creation process too complex the funnels

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too complex and the product is too

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complex or they're just trying to do too

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much so try to ruthlessly eliminate all

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of the different things that you are

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trying to do and I'll show you a bit

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about how to do this in this video today

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so to achieve speed we need to reduce

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the scope of what we are trying to do

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and then to achieve real momentum we

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need to also incrementally improve on

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everything that we are doing here so now

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let's go ahead and break down these

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different stages of development and like

play02:27

I mentioned before if you're starting

play02:28

from scratch I usually like to start at

play02:30

the content creation phase and people

play02:33

really over complicate this process so I

play02:35

want to break it down into something

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that's very easy and manageable because

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people tend to want some perfect system

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to create content they want some way to

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generate ideas they want some way to

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manage the process they want people to

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help them but there's a very simple

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process we can go through to create good

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content especially in the AI automation

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space because this type of content is so

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flashy that it really does all of the

play03:00

work for us and as we create different

play03:02

projects that we build we can turn those

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into products so all you have to do each

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week is pick a single AI automation

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project that interests you or a

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potential client then what you do is you

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build 80% of that project so that you

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can re-record it building yourself make

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sure you've identified all the things

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you don't know so that you don't stumble

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through those while you're recording it

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I say 80% because you don't need to

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perfect it that last 20% you can just

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figure out while you're recording it and

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then just go ahead and record yourself

play03:29

building that project and I personally

play03:30

use ecam live and I'll tell you why in a

play03:32

moment and then you're also going to

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post seven videos a week one per day to

play03:37

Tik Tok but you really only need these

play03:39

two platforms to generate all the income

play03:41

you need now to make up these seven

play03:43

videos you're going to make clips from

play03:45

the original YouTube video that you

play03:47

recorded believe it or not on Tik Tok

play03:49

you can publish up to 30 minute videos

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and they work really well I'll show you

play03:53

in a moment so you're going to make

play03:54

clips from that YouTube video and if the

play03:56

YouTube video is longer than 30 minutes

play03:58

then you can break that single video up

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into two Tik toks and then what you'll

play04:02

do is you'll make up the rest of these

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seven videos with small ideas from the

play04:06

main project that you recorded so let me

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go ahead and break down how I actually

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go about recording this on ecam live I

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record my long form YouTube video and I

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use ecam live because it allows me to

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record the screen and then I can also

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record myself with a front-facing camera

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and then I can also record myself from a

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side facing camera camera so then my

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editor is able to create that YouTube

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video just like you're seeing right now

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and it looks similar to a loom video

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where you can see everything on my

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screen and you can see me off to the

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side in this little view here so we're

play04:41

able to publish that long form video but

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then when we're done we're able to

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reposition everything for Tik Tok so now

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we can take the screen share portion of

play04:51

the video and that can be the top

play04:53

portion of our Tik Tok now of course

play04:56

some amount of the long form horizontal

play04:59

video is going to be cut off and so I

play05:01

make sure that when I record I don't do

play05:03

anything on the side right here and then

play05:06

we also use the side angle camera to

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have my face on the video as well and

play05:13

then we will create one video per 30

play05:16

minutes so if we have a 60-minute video

play05:20

this will produce two different clips

play05:22

that we can use if it's less than 30

play05:23

minutes then we only produce One Clip

play05:26

and so since we're supposed to post

play05:27

seven videos every single week whatever

play05:30

is left over I will record individual

play05:33

videos some number of those videos it

play05:35

just really depends on how many I was

play05:36

able to create from the main video and

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these will just be subtopics from the

play05:41

main video where I'll explain just one

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small part of what I demoed in the main

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video so I keep things really simple by

play05:48

just picking a project that interests me

play05:50

and then I actually build it and then I

play05:52

record myself rebuilding that project

play05:54

with ecam live to produce the one main

play05:56

video for Youtube and the seven videos

play05:59

that that I need for Tik Tok each week

play06:01

and this simple process allows me to

play06:03

generate a ton of traffic from my

play06:05

YouTube channel I'm growing faster than

play06:07

I ever have before and the channel

play06:09

itself is helping generate monthly

play06:10

revenue and like I said these 30 minute

play06:12

Tik toks are blowing up everyone thinks

play06:14

of Tik Tok as the sub one minute video

play06:17

but these 30 minute videos are

play06:19

performing extremely well on my Tik Tok

play06:22

Channel and so even though I publish

play06:24

content across all the different

play06:25

platforms it's YouTube and Tik Tok for

play06:28

me that are performing the best so now

play06:30

when it comes to building out the funnel

play06:32

I use a community funnel I use a simple

play06:35

strategy like I just showed you where I

play06:37

have video that helps me generate

play06:39

traffic that goes to a free community

play06:42

and within that Community people can see

play06:43

my content they can get access to free

play06:45

automation projects and they can also

play06:47

book a call to buy High ticket Services

play06:50

now I do have a paid Community as well

play06:51

but you really don't need that to start

play06:53

you just simply need this very basic

play06:55

funnel strategy and you don't need an

play06:57

email list as part of your community

play06:59

either because inside your community

play07:01

when you make a post on a platform like

play07:03

school you can simply have that post

play07:05

emailed to all the members and I find

play07:07

that this is the best strategy because

play07:09

people are getting something of real

play07:11

value they're joining a group where

play07:13

you're leading that group and there's

play07:14

also other community members and there's

play07:16

all sorts of free resources inside the

play07:18

community it's not just another one of

play07:19

those ebooks that nobody actually reads

play07:21

and as you're building out those video

play07:22

projects on YouTube use those same

play07:25

projects with the same tractions the

play07:26

ones that are getting the most reactions

play07:28

online as free s inside of your

play07:30

community so if you can see so far what

play07:32

I'm trying to do is how can we do as

play07:34

little work as possible and reuse as

play07:36

much of the work we do to stay focused

play07:39

on creating value for our community our

play07:41

users so that we can ultimately develop

play07:44

products and sell those as well so now

play07:46

when it comes to product development

play07:48

again just like we turned our video

play07:49

projects into freebies to pull people

play07:51

into our community we're also going to

play07:53

turn those best performing projects into

play07:56

products so I'm currently selling an AI

play07:58

automation product called the content

play08:00

engine database and this entire product

play08:03

was developed by simply creating Tik

play08:06

toks around topics that interest me

play08:08

around automations that I thought were

play08:10

interesting and then using the feedback

play08:11

that I got on Tik Tok to actually

play08:13

generate the product so our content

play08:15

creation is going to be a place where we

play08:17

can experiment build out projects the

play08:19

best content will go into our community

play08:21

to draw in new members and then we'll

play08:23

look for that single best idea to turn

play08:25

into our product now finally let me talk

play08:28

to you a bit about the 99% method that I

play08:31

use for planning now this is extremely

play08:34

important because where your time goes

play08:36

is what is going to grow so I spend 99%

play08:39

of my time on my products and content I

play08:43

literally eliminate everything other

play08:45

than that off my to-do list or I only

play08:47

spend about 1% of my time to funnels or

play08:50

anything else whereas what I see a lot

play08:52

of the time is 99% of a lot of people's

play08:54

time goes into their funnel they're

play08:56

always revamping it changing it but they

play08:58

really have nothing to to sell or any

play09:00

way to get traffic to that funnel so I'm

play09:02

pretty ruthless with myself on this

play09:04

schedule here and I think this is really

play09:06

the secret to success and I don't use

play09:08

any complicated to-do list I just

play09:10

personally use a simple notebook I don't

play09:12

use a computer I like to keep things

play09:15

outside of the computer because as soon

play09:16

as I open up my computer to figure out

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what I need to do next I get distracted

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and now I'm on YouTube or I'm on Tik Tok

play09:22

scrolling through something or I'm

play09:23

reorganizing something that I don't need

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to do and I'm pretty strict with this as

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well I do one important task per day

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with the window of focus so that I'm

play09:30

only working on that one thing and I

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spend as much time on it as I can to do

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a really really good job if you're

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producing really good products and

play09:38

really good content it's going to be

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hard for you not to build a great

play09:41

business and so instead of wasting time

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on my funnel or on social media I'm

play09:44

always producing value with inside the

play09:47

company and again I'm just ruthless in

play09:48

terms of reducing the scope of the

play09:50

projects and tasks I'm always

play09:52

simplifying them making them easier I'll

play09:54

look through my to-do list and I will

play09:55

just start to erase things I'll delete

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them and I won't even think about them

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especially if it has nothing to do with

play10:00

my products or my content so if you're

play10:03

interested in building out your own AI

play10:04

products and services make sure to jump

play10:06

into the no code Architects there's a

play10:08

make.com workshop and a bunch of

play10:10

pre-built videos and templates that you

play10:11

can use in your automations but beyond

play10:13

that in September I'm going to be

play10:15

launching a business strategy course

play10:17

focused on building an AI automation

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product and it's going to be

play10:20

specifically focused on taking things

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off of your to-do list rather than

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giving you more things to do and it's

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going to help you focus on some of those

play10:27

things that you might be putting off so

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that you you can actually build your

play10:30

business and I'm also developing this

play10:32

unique way of helping you stay

play10:33

accountable to getting your stuff done

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super excited about it hope to see you

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there either way I hope you enjoyed this

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video and I'll see you on the next one

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