$100M AI Plan That Any Business Can Use (3 Stages of AI Implementation)

Summary

This video script addresses the common concern of business owners feeling overwhelmed by the vast possibilities of AI and automation. It outlines a strategic three-stage approach to AI implementation: 'Crawl' for acclimating teams to AI tools, 'Walk' for integrating AI across business processes, and 'Run' for franchising AI models to competitors. The script offers practical advice on using AI to streamline content creation and automate tasks, ultimately increasing business value and attracting investment.

Takeaways

• 🤖 The script discusses the overwhelming nature of AI and automation for business owners and offers a strategic approach to implementation.
• 📈 It introduces a three-stage model for AI and automation implementation: Crawl, Walk, and Run, inspired by the way a construction firm implemented SAP.
• 🔄 The concept of Kaizen, or continuous improvement, is emphasized for making gradual and constant changes with AI to help teams acclimate.
• 📝 In the 'Crawl' stage, businesses should start by training AI to write in their brand's voice and tone, beginning with an inventory of manual content creation.
• 🛠️ Creating a custom GPT for content generation is a simple process that can be accomplished in under 30 minutes and shared across the team.
• 📈 The 'Walk' stage involves 'AI-fying' the entire business by automating processes across departments and integrating AI tools like chatbots and virtual receptionists.
• 🔗 The importance of taking inventory of current software and APIs to streamline and automate processes is highlighted.
• 🚀 In the 'Run' stage, businesses can license or franchise their AI and automation model to other businesses, creating a new revenue stream.
• 💰 The potential to significantly increase a business's value by incorporating AI and automation is discussed, with the example of a car dealership.
• 🔄 The script suggests that by adopting AI and automation, a business can transition from unpredictable revenue to a more stable, recurring revenue model.
• 📚 A free AI automation course is offered for those interested in further learning about implementing these technologies in their business.

Q & A

What are the three stages of AI and automation implementation mentioned in the script?

The three stages are the Crawl stage, where the team gets accustomed to AI; the Walk stage, where the entire business is AI-fied; and the Run stage, where the AI model is franchised or licensed to other businesses.

What is the purpose of the Crawl stage in AI implementation?

The Crawl stage is for getting the team accustomed to using AI for tasks like content creation, by making an inventory of manual content and training custom AI models to write in the company's brand voice and tone.

How long does it typically take to create a custom GPT for content creation?

It can take less than 30 minutes to create a custom GPT, which includes naming it, providing a description, instructions, conversation starters, and knowledge section with writing samples.

What is the concept of Kaizen and how does it relate to AI implementation?

Kaizen is a concept from Toyota that means continuous improvement. It relates to AI implementation by suggesting that businesses should make small, gradual changes to AI and automation to help the team get used to it over time.

What is the significance of creating an inventory of all the content currently being created manually?

Creating an inventory helps identify what content can be automated using AI, which is a crucial step in the Crawl stage of AI implementation, allowing for the training of custom AI models to generate content efficiently.

What is the Walk stage in the context of AI and automation implementation?

The Walk stage involves looking at all business processes across different departments and identifying areas where AI can be used to automate tasks, making the business more efficient and improving customer experience.

Can you provide an example of how AI can be used to automate a business process?

An example is using an AI caller to remind clients of their upcoming appointments, or implementing a virtual receptionist to assist customers 24/7, or using AI chatbots on social media channels to capture lead information and book appointments.

What is the main idea behind the Run stage of AI automation implementation?

The Run stage is about packaging the AI processes and automations that have been implemented in the business and licensing or franchising this model to other businesses in the same niche, creating a recurring revenue stream.

How does licensing or franchising an AI model to other businesses increase the value of the original business?

By licensing or franchising the AI model, the original business generates recurring revenue, making it more predictable and attractive to investors, which can increase the business's valuation to a multiple typically associated with software companies.

What is the potential impact of AI and automation on a traditional car dealership's business model?

AI and automation can transform a traditional car dealership by creating a software component to the business, allowing for the licensing or franchising of their AI model to other dealerships, increasing the dealership's value and providing a predictable revenue stream.

What is the strategic view of AI and automation suggested in the script?

The strategic view is to consider AI and automation from a high-level perspective, focusing on the stages of implementation and continuous improvement, rather than getting lost in the details of specific AI tools or platforms.