Student to AI Agency to $9,000p/m AI Real Estate SaaS in 6 Months

Liam Ottley
27 Aug 202424:29

Summary

TLDRIn this inspiring interview, Liam chats with Hamza, a successful AI entrepreneur who transitioned from a university student to running an AI automation agency and then pivoted to a SaaS model in the real estate space. Hamza shares his journey of building an AI tool that automated a tedious task during his internship, which led to his first sales and the creation of Automax, an all-in-one appraisal platform. He discusses the importance of validating ideas, personalizing outreach, and the potential of AI in real estate, offering valuable insights for aspiring entrepreneurs.

Takeaways

  • ๐Ÿ˜€ Hamza, a university student, discovered the potential of AI to automate tasks during a mundane internship and built a tool using GPT and Zapier to complete his work efficiently.
  • ๐Ÿš€ After the internship, Hamza joined an accelerator and started his own AI automation agency, eventually pivoting to a SaaS model focused on real estate appraisals.
  • ๐Ÿ’ก Hamza's first significant sales came from automating the real estate appraisal process, a niche he discovered through personal connections and market demand.
  • ๐Ÿ› ๏ธ He created Automax, an all-in-one platform for appraisals, which automated the entire process from inspection to final report, leading to significant time savings for appraisers.
  • ๐Ÿ’ผ Hamza faced the challenge of balancing his education with the growing demands of his business, which was scaling up to a monthly recurring revenue of $8,000 to $9,000.
  • ๐Ÿค” Hamza is considering whether to continue his university education or to focus on his business full-time, a decision influenced by potential exclusivity deals and acquisition offers.
  • ๐Ÿ”‘ Hamza emphasizes the importance of validating an idea with customers before investing significant time and resources into building a product.
  • ๐Ÿ“ˆ He suggests starting with a basic MVP (Minimum Viable Product) and using no-code tools to quickly establish proof of concept and gather customer feedback.
  • ๐Ÿ’ฌ Personalized outreach, especially within a specific niche, was more effective for Hamza than mass, generic emails, leading to higher engagement and sales.
  • ๐Ÿ” Hamza advises new entrants to the AI space to start by focusing on a specific type of solution and to leverage warm connections and personal branding to gain initial traction.
  • ๐ŸŒŸ The potential for AI in the real estate sector is vast, and Hamza's journey illustrates the opportunities available for those who can identify and exploit niches within the industry.

Q & A

  • What was Hamza's initial experience with AI that sparked his interest in building automation tools?

    -Hamza's initial experience with AI was during his first internship where he was given a tedious task of going through a large Excel document. He started listening to Liam's YouTube videos and podcasts about AI and automation, which inspired him to build an internal tool using GPT and Zapier to automate his task.

  • How did Hamza's internship experience lead to his first exposure to AI's potential in business?

    -During his internship, Hamza was tasked with a monotonous job of standardizing data in Excel. This experience led him to create an AI tool that automated his work, completing a year's worth of tasks in just 10 minutes, which was his first realization of AI's value in business.

  • What was the turning point for Hamza's business when he found a lucrative opportunity in the real estate space?

    -The turning point for Hamza's business was when he built an internal tool for a real estate appraiser to automate a part of the appraisal process. The success of this tool led to more clients and the realization of a significant demand for such solutions in the real estate niche.

  • How did Hamza validate the demand for his AI solutions in the real estate appraisal niche?

    -Hamza validated the demand by building an initial tool for a real estate appraiser and seeing the positive results and time saved. This success led to recommendations and more clients, showing a clear demand for his AI solutions in the real estate appraisal niche.

  • What is the name of the all-in-one platform Hamza created for appraisals, and what does it automate?

    -The all-in-one platform Hamza created is called Automax. It automates the entire appraisal process, from the start of the inspection to the completion of the appraisal.

  • How did Hamza's university support his entrepreneurial journey and the growth of his business?

    -Hamza's university had a strong focus on entrepreneurship, providing a branch dedicated to helping students start and grow their businesses. Hamza was able to get funding, find the right people, and receive advice through this support system.

  • What is the dilemma Hamza is facing between continuing his education and pursuing his business full-time?

    -Hamza is facing the dilemma of whether to drop out of university and pursue his business full-time, which is showing great potential, or to continue his education and have a backup plan in case his business doesn't succeed.

  • What advice does Hamza give to those starting in the AI space regarding validation and building out their solutions?

    -Hamza advises to validate the need for a solution before investing significant time in building it. He suggests creating a basic MVP and getting agreements or commitments from potential customers to ensure there is genuine interest in the solution.

  • How did Hamza find his niche and what strategy did he use to start getting clients?

    -Hamza found his niche in the real estate appraisal space after trying various industries. He used a strategy of personalized outreach on LinkedIn, tailoring messages to individual profiles, which led to higher engagement and his first clients.

  • What is Hamza's perspective on the importance of having a university degree versus gaining skills and knowledge?

    -Hamza believes that it's not the degree itself that leads to success, but the skills and knowledge one acquires. He thinks that these can be gained with or without a degree and are more important for providing value to people.

  • What strategies does Hamza recommend for someone starting in AI and looking to find their first clients?

    -Hamza recommends starting with warm outreach to friends and family, leveraging any connections one might have. If that doesn't work, he suggests focusing on inbound strategies like personal branding to attract clients.

Outlines

00:00

๐ŸŽ“ From Internship to AI Entrepreneurship

Hamza, a university student, shares his journey from an internship at a company where he automated a tedious task using AI, to building his own AI automation agency and pivoting to a Software as a Service (SaaS) model in the real estate space. He discusses the challenges of finding clients, the pivotal moment when he automated a real estate appraisal process, and the subsequent success that led to his current business, Automax. Hamza also reflects on the decision to potentially drop out of university to focus on his booming business.

05:00

๐ŸŒŸ Scaling Automax: From Student Project to SaaS Success

The narrative continues with Hamza detailing the growth of Automax, an all-in-one platform for real estate appraisals. He talks about the challenges of transitioning from an agency model to a SaaS product, the importance of hiring a development team, and the significant milestones achieved, including reaching a monthly recurring revenue of $8,000 to $9,000. Hamza also discusses the potential for exclusivity deals and acquisition offers, highlighting the burgeoning real estate AI market in Canada.

10:01

๐Ÿค” Balancing Education and Entrepreneurship

In this segment, Hamza grapples with the decision between continuing his university education and diving full-time into his business. He acknowledges the support and opportunities provided by his university's focus on entrepreneurship, the challenges of managing both academic and business responsibilities, and the dilemma of whether to pursue the uncertain but potentially rewarding path of entrepreneurship over a traditional degree.

15:02

๐Ÿ› ๏ธ Leveraging AI in Niche Markets: Strategy and Growth

Hamza elaborates on his strategy for leveraging AI in niche markets, emphasizing the importance of validation before development, the use of no-code tools for rapid prototyping, and the shift from mass outreach to personalized engagement with potential clients. He shares insights on the value of specific knowledge in AI and the compounding benefits of establishing oneself as an expert in a niche, as well as the importance of building systems for scalability.

20:03

๐Ÿš€ Personalized Outreach and the Path to Success

The final paragraph focuses on Hamza's advice for those starting in the AI space, highlighting the effectiveness of personalized outreach over generic mass emails. He shares his experience with LinkedIn connection strategies and the importance of tailoring messages to individual prospects. Hamza also discusses the potential of leveraging warm connections and building a personal brand as effective entry points into the market, offering a roadmap for aspiring AI entrepreneurs.

Mindmap

Keywords

๐Ÿ’กAI Automation

AI Automation refers to the use of artificial intelligence to perform tasks that would typically require human intelligence, such as visual perception, speech recognition, and decision-making. In the video, the guest, Hamza, utilized AI automation to create tools that streamlined processes in real estate appraisals, demonstrating the practical application of AI in business operations.

๐Ÿ’กYouTube Video

A YouTube video is a piece of content hosted on the YouTube platform, often used for educational, entertainment, or promotional purposes. In the context of the video, a YouTube video by Liam inspired Hamza to explore AI's potential in business, acting as a catalyst for his journey into AI automation and entrepreneurship.

๐Ÿ’กAccelerator

An accelerator is a program designed to support startups with resources, mentorship, and networking opportunities to help them grow quickly. Hamza was a member of Liam's accelerator, which provided him with the community and knowledge to transition from a student to a successful entrepreneur in the AI space.

๐Ÿ’กReal Estate Appraisals

Real estate appraisals are professional opinions on the value of a property. They are a crucial part of the real estate industry. In the video, Hamza identified a niche within this industry, creating AI tools to automate and improve the efficiency of the appraisal process, which was traditionally time-consuming and manual.

๐Ÿ’กMonthly Recurring Revenue (MRR)

Monthly Recurring Revenue (MRR) is a metric that shows how much a subscription-based business is expected to earn each month. Hamza's business, Automax, reached an MRR of $8,000 to $9,000, indicating the success and scalability of his AI solution in the real estate appraisal niche.

๐Ÿ’กSaaS (Software as a Service)

SaaS refers to a software licensing and delivery model in which software is provided on a subscription basis over the internet. Hamza's company, Automax, is described as an all-in-one SaaS platform for appraisals, automating various aspects of the appraisal process from start to finish.

๐Ÿ’กPivot

To pivot in a business context means to change direction or strategy in response to new information or market conditions. Hamza initially started with an AI automation agency but pivoted to creating a SaaS product after identifying a lucrative opportunity in the real estate appraisal market.

๐Ÿ’กExclusive Deal

An exclusive deal implies an agreement where one party agrees to work with only one partner or customer, often in exchange for certain benefits. Hamza discussed potential exclusivity with a large appraisal firm, which could significantly scale his business and provide a stable revenue stream.

๐Ÿ’กUniversity Internship

A university internship is a work experience opportunity that students undertake as part of their education. Hamza's first internship in an engineering position led him to the realization of AI's potential to automate tedious tasks, sparking his interest in AI and setting the stage for his entrepreneurial venture.

๐Ÿ’กPersonalized Outreach

Personalized outreach involves tailoring communication to the specific interests or needs of the recipient, rather than using generic messages. Hamza found success with personalized messages on LinkedIn, which led to more engaging responses and ultimately, clients for his AI services.

๐Ÿ’กMVP (Minimum Viable Product)

An MVP is a version of a product with just enough features to satisfy early customers and provide feedback for future development. Hamza built an MVP to validate the need for his AI tool in the real estate appraisal industry, which helped him understand the market need before fully developing his SaaS product.

Highlights

Hamza's journey from a university student to founder of an AI automation agency and an AI SaaS product in the real estate space.

The pivotal YouTube video that inspired Hamza to automate his internship tasks, leading to significant productivity gains.

The initial challenge of finding clients and the transition from AAA to a niche-focused SaaS with real estate appraisals.

How Hamza identified a lucrative opportunity in the real estate appraisal niche by automating redundant processes.

The creation of Automax, an all-in-one platform for appraisals that automates the entire process from inspection to completion.

The strategy of building an internal tool for a specific client that led to referrals and market validation.

Scaling the business to a monthly recurring revenue of $8,000-$9,000 through targeted marketing and satisfied clients.

Potential exclusivity deals and acquisition offers that validate Hamza's AI solution in the real estate appraisal market.

The dilemma of continuing education versus pursuing the growing business opportunity full-time.

The importance of having a backup plan and weighing the risks of focusing solely on an AI business.

Hamza's advice on validating ideas with customers before investing significant time and resources into development.

The effectiveness of personalized outreach over mass emails in acquiring the first clients.

Building an MVP using no-code tools to quickly test the market and gather feedback.

The transition from doing AAA for various clients to focusing on a specific niche to build a SaaS product.

The role of university support and resources in helping Hamza start his business and connect with the right people.

The potential of AI in real estate and how Hamza is positioned at the forefront of this emerging market.

Strategies for beginners in AI, including starting with a specific solution and leveraging warm connections for initial clients.

The importance of building systems and a team to scale the business beyond the founder's individual capabilities.

Hamza's perspective on the value of a university degree versus the skills and knowledge gained through practical experience.

Transcripts

play00:00

I think I remember seeing you and the

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winds Channel and the accelerator just

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like banging out like win after win

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after I was like who the hell is this

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Hamza kid absolutely crushing again

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scaled it up all the way at about eight8

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$9,000 in monthly recurring Revenue cuz

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who knew that one tiny YouTube video

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like that could just change my life as a

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as a uni student right the choice for me

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is I drop out at the same time there's

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always that part of me in the back of my

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brain which was telling me amza you

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should have a back up hello everyone and

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welcome back to the channel today we

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have a special guest Hamza a member of

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my accelerator in the original 150

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members back in uh this time last year

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and hum has gone on to do some

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incredible things in the real estate and

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AI space going from being a student

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working at an internship to starting his

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own AI automation agency and to pivoting

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down to an AI SAS after he found a

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pretty lucrative opportunity in the real

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estate space so I think hum's story in

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particular shows the the hero's journey

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of a of a AAA owner or an AI

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entrepreneur and how you can get in and

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find your opportunity and he now getting

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um massive deal potential um and options

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for acquisition company later down the

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line so I think uh everyone can learn a

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lot from this and he's also going to be

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sharing if he was to start again what

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tips and tricks he give to people uh

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starting in his position so Hamza thank

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you for your time and I'm looking

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forward to sharing your story thank you

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for having me Liam yeah it's a pleasure

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pleasure to talk uh I kind of found Liam

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as he as he mentioned around April of

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last year and the story kind of started

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in the middle of an internship uh it was

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my first internship as a as a first year

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kind of University student I was hired

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for an engineering position I was so

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excited and on my first day of work my

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manager came in and gave me basically

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like a 10,000 row XEL document and my he

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told me my job for the whole four months

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that I was hired there was I to go

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through every single part search it

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online and write like a long kind of

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standardization number for it and that

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was it again and again and again and it

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was just brain dead work uh and it was

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so painfully boring that I started to

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put in my headphones and listen to

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YouTube videos and podcasts on the side

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and that's where I found Liam mle this

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guy who talking about Ai and

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implementing AI in businesses and all

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this cool stuff and so I was just

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listening to it while I'm doing this

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kind of brain dead job on the side and a

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kind of a realization moment happened

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why don't I just build something to

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automate this this really boring process

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and so that's where I started I built an

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internal tool which used GPT to

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automatically write those

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standardizations uh and then use zapier

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to fill them in on onto Excel uh and I

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finished a year worth of work that they

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had for for me to do that internship in

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like 10 minutes uh and it was my first

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kind of eye openening experience into

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how much value you can bring with these

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these AI systems into large businesses

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and how little they really know about it

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and over the course of the remaining

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three months I had of that internship

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they ended up just transferring me to

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like the software department and I built

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a whole bunch of other internal tools

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for them to use even one to do like

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staff training for a bunch of the the

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softwares that they were using one to

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automate a whole bunch of different

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procedures and that's where I kind of

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got started joined the accelerator uh as

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one of the first 150 members members uh

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and then that's when I started my

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AAA and then in AAA it was kind of a

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rocky start I think when I had the

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internship it was awesome so much

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experience building stuff so much

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experience you know doing all that part

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but I don't have to look for clients I

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had the customer right there right the

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business self was kind of sorted it was

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just like development then I started and

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getting customers was just a nightmare

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um I remember those first couple of

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months I had up dental clinics I had up

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mental health agencies like th bu and

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stuff I hit up real estate agents like

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Realtors every Niche you can think of I

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was hitting them up and it was all just

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coming back as at zeros and so it took

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quite a while for me to kind of nail

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down the the niche and what I could do

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uh and then kind of found my stride I

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think later that year when I had my

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first couple of sales and one of the big

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ones was in real estate appraisals so

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real estate appraisals is basically how

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people value properties it's a very

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small Niche most people have no idea how

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it works I didn't have any clue how it

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worked back then but I was talking to a

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real estate appraiser also just happened

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to be a bunch of my family is actually

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in appraisals over in the US which I

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didn't know too much about but when

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talking to them they kept describing hey

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we're filling in these forms for hours

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every single day the process is so

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redundant the software we're using were

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built in the 90s and they haven't been

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updated since then a whole bunch of

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those similar complaints to what I was

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hearing at the company that I was

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interning at and so I ended up just

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building them their first kind of

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internal tool just to automate one small

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part of the appraisal process and it was

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so successful with them saved them so

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much time that they recommended me to

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one of their friends who was also an

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appraiser I built them another tool

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which was to automate a slightly

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different part of their process they're

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like okay awesome this is great I

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brought it up to Canada from the US and

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then started marketing it here and there

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was just the demand was flowing in and

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everyone was just saying the same thing

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which is that we're looking for a way to

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make our process better but there's no

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alternative out there and so that's kind

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of where I pivoted from being a AAA

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taking on any sort of client any sort of

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customer doing all those marketing and

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building these AI Solutions into more of

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a SAS that's where Automax was born and

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so the way Automax works pretty much I

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made it was the all-in-one platform for

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appraisals which automated everything

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from when an appraiser starts the

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process they do their inspection all the

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way to finishing the appraisal I ended

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up hiring a bunch of devs at that time

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as well who I also found from the Excel

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so initially I was going on like the the

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Discord back then before we had Circle

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and looking for for devs and one guy

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really stood out to me talked to him we

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signed like an initial Contracting deal

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found another guy through him as well

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that he had on his team and that's where

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kind of the team team started to get

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built up from there and then stuff kind

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of really started blowing up when I took

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some time off uni to work on it full

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time uh and then started signing a bunch

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more more appraisals more clients scaled

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it up all the way to about eight8 $9,000

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in monthly recurring revenue and we have

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some really exciting stuff going on in

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the next couple of months we have a

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potential deals for exclusivity with one

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of our clients and hopefully getting

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acquired by them as well within a year

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or two years and stuff is really blowing

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up in the the real estate AI Market in

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in Canada so yeah huge thanks to Liam

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for even starting all this because who

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knew that one tiny YouTube video like

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that could just changed my life as a as

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a uni student right uh so yeah it's been

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an awesome Journey that's that's awesome

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man I think your story is such a great

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example of uh well one the the

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internship aspect the value of exp of of

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experience and you getting that early

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dose of experience and seeing firsthand

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what the soft can do I think people

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still come to this space with a lot of

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skepticism that AI it can't really help

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the businesses that well or like it's

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not that valuable or even using low code

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stuff like zapia Etc is not going to be

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that valuable but you were able to see

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it firsthand and I think that was really

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key in in your journey and for anyone

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else who can take the same approach of

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saying okay where can I get some

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experience in your case it was through

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an internship and just that the right

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the cards kind of played out in the

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right way but taking the same approach

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of just any experience will do because

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you were able to take that experience

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and go straight into starting your own

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agency and then you're able to identify

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the use case through doing multiple

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clients for projects for clients

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identify that use case and then double

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down a niche down to that and eventually

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get to the point where you productize

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that into a house so if there's any

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example of the exact strategy I've been

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telling people to to try and follow in

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the space to to succeed um and you've

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been able to do it it really rapidly

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within the first couple of projects I

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guess you were already finding a a

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valuable solution and I think that comes

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down to you having that that prior

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experience in the internship that

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allowed you to immediately start

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providing value so um if you want to

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give us a little bit more I think the

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most impressive thing about what you're

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doing right now and where this house is

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at um is the the potential exclusivity

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that you've gotten so can you give us a

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little bit of background on I know you

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probably can't say too many details but

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I think the size of the firm that you're

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looking at working at will and working

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with um could really show just what

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level you're at and what the the

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potential is for you because I think

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with a real estate is such a huge market

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and you are like right on the on the on

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the edge of that you're already into it

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but if you continue to like press this

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like screw this in and go deeper and

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deeper and deeper you're going to have

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an extremely valuable skill set as you

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as I'm sure you can explain with some of

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the deals that have come across your

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table recently yeah for sure I think

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appraisals specifically within real

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estate as well is an even kind of

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further Niche down kind of aspect of it

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that people don't even know how it how

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it works and so happens to be that

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there's really almost no competition in

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the space either the firm that we're

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talking to for exclusivity

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they're the largest firm in Canada that

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does appraisals like uncontested they

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have about 13 14 branches across the

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country they also have a sister branch

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in America which has another 150

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appraisers with several different

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branches all over the country they also

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have a branch in Australia another

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branch in Europe as well right and so

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they're by far the largest firm in the

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country and the scale at which we could

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grow this working with them uh is is

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massive I mean you can only imagine if

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you have 100 hundreds of dollars in

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monthly retainers per per appraiser per

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user and hundreds of users at a Time the

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numbers just multiply and it works out

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to to a really nice nice figure okay so

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I think key thing to to mention here is

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that you're managing all of this as a

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student yes you took off your six months

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you took your entrepreneurial break did

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work on the business but now you're back

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at school so you're faced with a pretty

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tricky decision here where you've taken

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the six months off you've kind of done

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what you intended to do which was find

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an opportunity here and get this thing

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rolling with and I mean that's some of

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the most incredible offers in kind of

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but opportunities that I've ever seen in

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front of someone like you have a very

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narrow implementation of AI that you've

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been able to create from scratch you've

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got this big company gigantic company

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who's basically saying hey look we want

play09:40

you to sell it to no one else and work

play09:42

with us exclusively um and you're also

play09:44

trying to juggle this this aspect to

play09:45

being a student um can you talk us

play09:47

through your thought process right now

play09:48

and I mean you're wearing the University

play09:49

of water lot shirt here and you've also

play09:52

as you said we're being approached by

play09:53

people through University as the as the

play09:56

AI guy and that's leading to things

play09:57

through through the government as well

play09:58

so can walk us through the uh your

play10:01

thought process right now as a student

play10:02

and you weighing these up but also some

play10:04

of those I think you mentioned

play10:05

governmental opportunities who getting

play10:07

just from from doing what you've been

play10:08

doing I think there's a lot of help that

play10:10

I got from being a university student

play10:12

while I was doing all this stuff just

play10:14

because my university has a huge focus

play10:16

on entrepreneurship we have like a whole

play10:17

branch of the uni which is just

play10:19

dedicated to starting like helping

play10:21

students start startups and companies

play10:23

and and grow them and stuff and so I was

play10:25

a part of that got some funding to help

play10:27

the start of of automatic my company as

play10:28

well and so I think it was really

play10:30

instrumental in finding the right people

play10:32

as well right advisers and stuff as well

play10:34

but yeah this is the whole dilemma right

play10:36

is you're working full time on something

play10:38

you're you're putting your heart and

play10:39

soul into it and stuff's going really

play10:41

well but if you have to all of a sudden

play10:42

go back to school it's not like the work

play10:43

just stops the work just multiplies and

play10:46

adds on right you have all the stuff

play10:47

from from your your uh business working

play10:50

as well and then all the studies five

play10:52

courses full-time I on top of it so the

play10:54

choice for me is I drop out leave the

play10:57

the Cozy degree behind and I pursue it

play11:00

full-time which is for sure enticing I

play11:02

think the the opportunity is there I

play11:04

think that's been proven over the last

play11:06

couple of months and there's exciting

play11:07

stuff possible at the same time there's

play11:09

always that part of me in the back of my

play11:11

brain which was telling me amza you

play11:13

should have a backup and you know

play11:15

University is important it's something

play11:16

important for for me in my life I know

play11:18

Liam you had a uh you ended up going the

play11:21

the Dropout route as well and doing all

play11:23

that but I don't know it's just it's

play11:25

it's a bit of a mental struggle at this

play11:27

point there's all there's always a

play11:28

possib

play11:29

AI crashes and burns right a solar flare

play11:32

hits us and we're we're going back to

play11:33

the Stone Age or something and you have

play11:35

to to find something else the important

play11:36

thing is that I don't think it's the

play11:37

degree that will get you success in life

play11:39

it's having the skills and the knowledge

play11:41

that are necessary to be able to provide

play11:43

value to people I could do that with the

play11:45

degree or without and so just weighing

play11:47

my options for the time being and

play11:49

potentially going to to bigger

play11:50

opportunities like one of the

play11:52

connections that I got through my

play11:53

university is actually to the kind of

play11:55

Municipal board in in Canada that does

play11:58

property tax valuation

play11:59

and so that's a different side from core

play12:01

appraisals but it's a massive Market

play12:03

because you have to appraise every

play12:05

single property in the country every

play12:06

year in order to find the government

play12:08

property tax that's millions and

play12:10

millions and millions of dollars so no

play12:11

idea how big the deal is but it has a

play12:13

lot of zeros it's funny because the Ary

play12:15

of The Bu of the University having a

play12:17

entrepreneurship department but then

play12:19

like if it succeeds what am I going to

play12:21

do drop out so do they not have a like

play12:23

exit strategy so if we start a

play12:25

successful business in our

play12:27

entrepreneurship program we allow you to

play12:28

like

play12:29

or do you just have to at at the end of

play12:31

the day make the decision hey look I'm

play12:32

done this is done well enough I'm having

play12:34

like a honorable discharge from the uni

play12:36

but I'm going on to bigger and B things

play12:38

like do they not have some kind of

play12:39

process for that so it's a mix of both I

play12:41

think the main thing that they do is

play12:43

they like recruit students that are in

play12:45

like the end of their degree and then

play12:47

they get them started on their start up

play12:49

at the end of their degree so as soon as

play12:50

they graduate they move to the incubator

play12:52

full-time and then they're only working

play12:53

on their startup fulltime I'm in second

play12:56

year so I have like two and a half years

play12:58

left if I was to

play12:59

yeah yeah do it so way too early to to

play13:01

do that so for people like me they

play13:03

literally come up to me and recommend

play13:04

hey Hamza why don't you just drop out

play13:06

and so is it conflicting with the

play13:09

university sometimes but ultimately it's

play13:12

all run by entrepreneurs as well a bunch

play13:13

of them are drop outs I guess the

play13:16

interesting part for you is trying to

play13:18

get a a sufficient deal lined up whether

play13:20

that's going to be exclusivity and you

play13:21

can make that transition say okay I

play13:23

think like whether that's them hiring

play13:24

you or whether you're getting a nice

play13:25

contract from them would that be enough

play13:27

for you to to drop this and go fulltime

play13:29

that might push me over the edge for

play13:30

sure well I'm I'm sure myself and and

play13:33

everyone else are rooting for you I'm

play13:34

sure you're going to pull it off but I

play13:35

think your your story is such a great

play13:36

example of acquiring specific knowledge

play13:39

and I I've been hopping on about this

play13:41

quite a lot recently and I'm going to

play13:42

continue to but

play13:44

the understanding how AI can be utilized

play13:47

within a given Niche we are still

play13:49

searching for there're waiting for I

play13:51

call them like empty Thrones right every

play13:52

niche in the in the world every niche in

play13:54

the business world if you look at say

play13:56

smma for example there are guys who are

play13:58

established leaders they have

play13:59

established Brands and businesses in

play14:00

each of the different things whether

play14:01

it's Roofing or name any any Niche you

play14:03

can you can imagine um we don't have

play14:06

that yet for AI and in your case you're

play14:07

starting to see the compounding benefits

play14:09

of being the AI guy and you'll notice

play14:11

that as soon as you start putting

play14:12

yourself out there more you get this

play14:14

weird kind of celebrity effect where

play14:15

everyone knows that AI is is going to

play14:17

change the world and going to change

play14:18

their business everyone wants to be in

play14:19

touch with you and and you're starting

play14:21

to see it compound in that real estate

play14:23

uh in the real estate sector and you're

play14:24

gaining that specific knowledge that no

play14:27

one else really has okay how AI ' got

play14:29

the appraisal section now you're going

play14:30

to go to maybe the property tax and

play14:31

you're going to have this wide view of

play14:33

everything in the OR at least at the at

play14:35

The Cutting Edge of how AI can help real

play14:37

estate so that's particularly what I'm

play14:38

most excited about for you and I think

play14:40

anyone who's looking to replicate the

play14:43

success can also follow that same route

play14:44

of starting whether that's Consulting

play14:46

whether that's just starting a personal

play14:48

brand and and doing so Consulting

play14:50

initially like I did and then moving

play14:51

into an agency and using that as a

play14:53

vehicle to identify use cases and work

play14:55

with multiple clients and as you've done

play14:57

Niche down to it start a SAS whatever

play14:59

you need to do um to really bounce to

play15:01

pounce on that opportunity so looking

play15:02

back on your past I guess it's been a

play15:04

year and a bit in the space since you

play15:06

started watching the videos um if you

play15:08

could give advice to someone who

play15:10

starting again maybe starting in your

play15:12

position or just interested in getting

play15:14

into the space as a whole um what would

play15:16

you recommend to do um is there anything

play15:18

that you learned along the way that

play15:19

would be would have been a lot more

play15:20

helpful if you had known it a bit

play15:21

earlier I think one thing that's super

play15:23

important is to validate something

play15:25

before you go out and build and spend

play15:27

all this time and and go into actually

play15:29

building it out right there's no point

play15:32

spending a year and a half or like

play15:34

several months building out the super

play15:36

complicated product that you think is

play15:37

going to change the world because it

play15:39

uses Ai and you go and talk to the

play15:41

customers and no one wants it right you

play15:43

gotta I mean even one of the guys I was

play15:45

talking to he he had like a hardware

play15:47

product he built like a a 3D printed

play15:49

prototype that did not work took some

play15:51

photos of it made like a fake video put

play15:54

on Kickstarter raised 250 Grand in a

play15:57

year to actually build out the product

play15:58

right that's his validation he knows

play16:00

it's worth it right and so there's

play16:02

hundreds and hundreds of stories of

play16:04

people like that that I've been exposed

play16:06

to in the past couple months so talk to

play16:08

your customers get Lois get an agreement

play16:11

get something signed with them which

play16:12

shows that they're interested which

play16:14

shows that they have genuine need for

play16:16

whatever you're building and then go out

play16:18

and build it now with no Cod tools it's

play16:20

actually super easy to make that initial

play16:21

MVP you can go on voice flow and within

play16:23

like 15 minutes even you can have a

play16:26

super basic thing built up maximum like

play16:28

2 hours if you want to add a little bit

play16:30

more functionality onto it maybe use zap

play16:31

here for some stuff as well so build out

play16:33

a super basic MVP and go talk to whoever

play16:35

you're wanting to talk to and the

play16:37

biggest thing is um in my experience

play16:40

Mass Outreach was not working as well as

play16:43

personalized Outreach I think

play16:44

personalization is is massive especially

play16:47

with depending on which Niche you're

play16:48

working in initially I was using

play16:50

instantly I bought like three domains

play16:52

like 10 nine or 10 different emails and

play16:54

I was doing like 500 emails a month or

play16:56

whatever blasting it out and there the

play16:59

leads were just not engaged like if they

play17:01

got on a call rarely did they get on a

play17:03

call if they got on a call they're like

play17:04

why should we talk to a random guy that

play17:06

emailed us that is doing AI automations

play17:10

right as opposed to when I selected a

play17:13

niche tried to really go down into it in

play17:15

in appraisals as well and start just

play17:18

dming people with personalized messages

play17:20

based off of their profile I had a

play17:22

really interesting call with uh Nico on

play17:24

the accelerator earlier on which which

play17:26

was like we were super prepared going to

play17:28

the knowing what we wanted to do and

play17:30

during the call we booked a meeting with

play17:32

one of the guys that I ended up also

play17:34

signing as a client like a little bit

play17:35

later on as well right and so being

play17:37

personalized in your Outreach is super

play17:39

important for getting those first couple

play17:40

clients signed in and then once you

play17:43

start seeing the the Stars line and the

play17:45

dominoes are kind of falling in place

play17:47

you just have to grind it out you have

play17:48

to get into the rhythm of doing it again

play17:50

and again and again and Building Systems

play17:53

at that point which will scale which is

play17:54

one of the things that I'm trying to do

play17:55

right now as well is even like build a

play17:57

team around myself that can scale so I'm

play17:59

not needed to do every single thing uh

play18:01

and yeah that's where I think you take

play18:03

it from that stage to the next stage not

play18:05

everyone has the same story that I had

play18:07

not everyone has the same opportunities

play18:09

I had obviously there's an aspect of

play18:11

luck involved as well everyone has

play18:13

different paths and different exposures

play18:14

but as long as you have the same kind of

play18:16

end goal in mind regardless of your path

play18:19

I think you can find a way to to make it

play18:20

happen sure yeah I think I remember

play18:22

seeing you and the winds Channel and the

play18:24

accelerator just like banging out like

play18:25

win after win after I was like who the

play18:27

hell is this ham kid abolutely crushing

play18:29

but uh yeah so when it comes want to dig

play18:31

a little bit deeper into their

play18:32

personalized Outreach just so everyone's

play18:33

100% clear on on what you're doing so

play18:35

instead of getting a scraping a lead

play18:37

list from somewhere and putting it in

play18:38

blasting out Cod email and I guess at

play18:40

that point when you were doing the Cod

play18:41

email do you think it was ineffective

play18:43

because you didn't have a were you doing

play18:45

cold email and the messaging was built

play18:47

around I've built this for someone else

play18:49

and you actually had some kind of

play18:50

evidence of it or was it more just I can

play18:52

build you this would you be interested

play18:53

so I think those are two different

play18:54

phases of doing Cod Outreach right yeah

play18:57

for sure I think at that St I'd only had

play18:59

the internship experience and the stuff

play19:00

I built for that but it was nothing for

play19:03

a specific Niche like I was trying to

play19:04

called Outreach to dentists and I hadn't

play19:06

built anything for dentist I was trying

play19:07

to C Outreach to Mother clinic and done

play19:09

anything for them so it was more General

play19:11

I was trying to like use GPT to write

play19:13

personalized first lines but even with

play19:15

that the the expense was up here and the

play19:17

results were just not cutting it for

play19:19

that in terms of personalization what it

play19:21

really was is I had a lead list of let's

play19:23

say 200 appraisers that I was connected

play19:25

to un LinkedIn I started I just made a

play19:27

profile really early on started just

play19:29

connecting to people also I found it

play19:31

strangely it was more successful

play19:32

connecting when I didn't write a

play19:33

connection message if I just send a

play19:35

connection requests they accepted but

play19:37

anytime they see a message because I

play19:38

think you're trying to sell them

play19:39

something exactly they think you're

play19:41

trying to sell them something they don't

play19:42

they don't accept it right and so I just

play19:44

had like a basic profile on there with

play19:46

some some like one post about real

play19:48

estate appraisals or something like that

play19:49

I just started connecting to people when

play19:51

I had 30 40 connections then uh instead

play19:55

of just like writing the same copy

play19:57

pasted email uh DM to each person

play19:59

me and Nico when we were on the call

play20:00

together we went to their profile found

play20:03

some of their recent posts comments or

play20:05

things that they liked personalized a DM

play20:08

specifically for them and sent that in

play20:10

and then we started getting responses

play20:12

way faster uh and so that was kind of

play20:14

what led into it yeah yeah Nico's a wi

play20:17

I'm so glad we got him on the team um

play20:19

okay so personalized Outreach do you

play20:21

think if you now moved it back to I mean

play20:22

now you've kind of got this exclusivity

play20:24

deal on the cards you think if you

play20:25

switch back and and I don't know hopped

play20:27

on called Nico and got this start in but

play20:29

if you were to use the evidence you have

play20:31

now and maybe you built up your LinkedIn

play20:32

a bit more and you have more evidence to

play20:33

show what you're doing and you laser

play20:35

focused on just finding more appraises

play20:37

or finding more real estate firms you

play20:38

can talk to about potentially building

play20:40

different stuff outside of the appraiser

play20:41

space do you think you'd be getting a a

play20:43

lot better results now with you Callo

play20:45

for sure I think it makes sense right

play20:47

now now we have the niche we have the

play20:49

evidence we have the self the systems

play20:50

built in and so it's natural that's the

play20:52

way that uh reveals the the hardest part

play20:54

about this whole thing and it's that's

play20:56

finding your lane and as you took a

play20:57

while to find that appraisal solution

play21:00

this is the most difficult part for

play21:01

anyone getting in we've only just niched

play21:03

my agency down to education and coaching

play21:05

solutions for for those kind of

play21:06

businesses um it's not easy and I know

play21:09

anyone watching this who's like I just

play21:10

have no clue where to start with

play21:12

this AI thing I don't even know what

play21:14

tools to start working on I don't know

play21:16

like how I'm going to get in touch with

play21:17

people I I've got a bunch of videos I

play21:19

put one up here wherever it is that's

play21:21

the best one to started in terms of

play21:23

narrowing down your scope of what you're

play21:24

trying to learn I think a lot of

play21:25

beginners get overwhelmed initially

play21:27

thinking they have to do what flow and

play21:29

then and then make and then zap here and

play21:31

then air table and everything at once

play21:33

and while it is good to know everything

play21:35

at once if you can starting off just

play21:37

with okay I'm just going to do voice

play21:38

agents and voice agents is selling very

play21:40

well right now we're seeing in the

play21:41

school community and the accelerator as

play21:42

well if you just narrow down to a

play21:44

specific type of solution to start like

play21:46

you did playing around with the during

play21:47

the internship and getting familiar with

play21:48

Mak zpp here um that narrows down the

play21:51

scope of what you need to learn and that

play21:52

will sort of lead you to being able to

play21:55

make a certain set of solutions and from

play21:56

there you can try to PCH those Solutions

play21:58

or or find people who are interested in

play22:00

them as well but it's that finding of

play22:03

the thing which is is so difficult and

play22:05

we rely primarily if you if you're

play22:07

looking to get started and find your

play22:09

first couple clients is warm Outreach is

play22:11

the most important one I mean in your

play22:12

case you are using some connections with

play22:14

your your family that you didn't really

play22:15

even know we doing appraises in the

play22:17

states and then uh personal branding as

play22:19

well so if you have warm connections

play22:21

guys watching this warm connections are

play22:23

your best chance and homasi has a great

play22:25

podcast well I guess it's a section of

play22:27

his audio book on warm reach CHS and the

play22:29

strategy he recommends all of you if you

play22:31

don't have your first couple clients you

play22:32

don't have anyone you'll allow you to

play22:33

get the experience like kza got in that

play22:36

uh in that internship do that warm

play22:38

Outreach strategy and try to find some

play22:39

people in your network you may not even

play22:40

think you have any but I promise you you

play22:42

do and if that doesn't work then you go

play22:43

to inbound personal branding and try to

play22:45

build a personal brand around it so

play22:46

there's my little strategy session for

play22:48

the for the for the video um H H if

play22:51

there's anything else on on that or

play22:53

anyone getting started any advice you

play22:54

give for them feel free otherwise we can

play22:56

probably wrap things up yeah so friends

play22:58

and family first that's how I got

play22:59

started that's how virtually everyone

play23:01

gets started cuz that's the niche that

play23:02

you can have some competitive advantage

play23:04

in right there's hundreds of people out

play23:06

there that are even now doing AAA that

play23:08

are trying different niches how do you

play23:10

differentiate yourself being in the

play23:13

niche of dental clinics from 10 other

play23:14

guys are going to be in it you know

play23:16

someone in that Niche right you know

play23:18

someone in in there to get you started

play23:20

which gets you in the door as soon as

play23:21

your foot's in the door stuff will P up

play23:24

from that point right that's the hardest

play23:25

part so yeah go to friends and family

play23:27

see see what happening there and then

play23:29

get get on from that point onwards yeah

play23:31

thanks for having me Liam it was a

play23:32

pleasure talking to you yeah awesome

play23:34

thank you for your time hza we uh well

play23:36

myself and everyone else are so excited

play23:37

for what you what you're doing man um uh

play23:40

can't wait to maybe have another one of

play23:41

these calls in in six months 12 months

play23:43

from now and you've cut a deal and

play23:45

you're making a whole bunch of money now

play23:47

um I'm so excited to see how you go with

play23:48

this real estate and AI Niche um because

play23:50

there's so much potential there as you

play23:51

know so uh looking forward to seeing you

play23:53

on the channel again soon and if anyone

play23:55

wants to get in touch with HS up more

play23:56

importantly the whole point of these

play23:57

interviews the main point is to be able

play23:59

to get some exposure on on the people

play24:01

who are doing great work in the space so

play24:02

if any of you are doing great work in

play24:03

the space you can try to get in touch

play24:05

with me I might leave a a a form down

play24:07

below if you want to apply for one of

play24:09

these interviews and you think you got

play24:11

something cool like Hamza but more

play24:12

importantly hamza's details are going to

play24:13

be down below so if you are interested

play24:14

in real estate for AI or anything

play24:17

related to real estate in AI or his

play24:19

services or or working with them more

play24:20

closely or you have an opportunity you

play24:21

want to bring him in on then hum's

play24:23

linked will be down in the description

play24:25

and I really urge you all to reach out

play24:26

to them um before you get snapped up by

play24:27

someone else

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