Why AI Agencies Are The New SMMA (Crazy Opportunity)
Summary
TLDRIn this video, the speaker emphasizes the immense potential of AI automation agencies compared to traditional businesses like SMMA. With the help of no-code tools and low start-up costs, anyone can quickly learn AI automation and start a profitable business. The speaker provides a clear, actionable 90-day roadmap for launching an AI automation agency, focusing on consistency, daily tasks, and leveraging first-mover advantages. The video underscores that while the journey is simple, it requires dedication, focus, and accountability to succeed in this rapidly growing field.
Takeaways
- 😀 AI and automation business models have lower barriers to entry compared to traditional businesses, allowing for quicker success and profitability.
- 😀 The perceived difficulty of starting an AI automation agency is much higher than the actual difficulty due to user-friendly no-code tools.
- 😀 No-code platforms like make.com can save businesses from high development costs, allowing for faster and more affordable implementations.
- 😀 You don't need to be a developer or engineer to succeed in the AI automation industry—you're leveraging pre-built tools instead.
- 😀 Basic AI knowledge can position you ahead of 90% of the market, especially with accessible tools and free resources.
- 😀 The AI automation industry is still in its early stages, so there's an opportunity to establish market rates and be a first mover in this space.
- 😀 Consistency and focus are the key factors in success. Completing daily tasks and sticking to a structured plan will lead to significant results.
- 😀 The barrier to entry for starting an AI business is now significantly lower, with affordable tools and plenty of resources available for learning.
- 😀 A 90-day plan can help you set up and grow your AI automation business, with steps like lead generation, cold emailing, and community engagement.
- 😀 Accountability mechanisms, like having a partner or public declaration, can significantly improve your chances of success by maintaining consistency.
- 😀 The AI automation model is likened to the earlier days of social media marketing, with similar challenges and opportunities for first movers in the space.
Q & A
What is the primary advantage of starting an AI automation business over a traditional social media marketing agency (SMMA)?
-The primary advantage is that AI automation agencies often have higher project sizes, lower overhead costs, and work with more advanced technologies. Additionally, AI can be leveraged in the business model, allowing you to use tools developed by experts, reducing the complexity and cost of development.
How can AI and no-code tools simplify the process of starting an automation business?
-AI and no-code tools, like make.com, eliminate the need for extensive development teams. They provide accessible and affordable platforms to create automation solutions, making it easier for individuals to implement advanced AI without requiring deep technical knowledge.
What does the speaker mean by 'perceived difficulty' in the AI automation field?
-The 'perceived difficulty' refers to the common misconception that AI automation requires extensive technical expertise, such as coding or engineering. In reality, the tools available are user-friendly and designed to simplify AI implementation, making it much easier than most people assume.
What is the role of first movers in the AI automation business, and why is it important?
-First movers in the AI automation business can set industry standards, establish market rates, and take advantage of relatively untapped niches. Being early to the market gives businesses a competitive advantage before the market becomes saturated with competition.
How long does it take to gain the necessary AI knowledge to start a profitable business, according to the speaker?
-The speaker suggests that in as little as two weeks, you can gain the basic AI knowledge needed to start a business, with the potential to earn $5,000 to $10,000 a month. The key is to understand that the complexity of AI is often overstated, and many tools are ready to use out of the box.
What resources does the speaker recommend for learning AI and automation?
-The speaker recommends free resources available on their channel and paid programs like Maker School. Maker School offers a 90-day path to competency, with hands-on support and guidance to help you acquire your first AI automation client.
What is the importance of consistency in building an AI automation business?
-Consistency is crucial because the business model relies on daily actions like sending cold emails, making Upwork applications, and engaging in relevant communities. Achieving success requires steady progress over time, and accountability mechanisms help maintain focus.
What is the 90-day plan the speaker outlines for starting an AI automation business?
-The 90-day plan includes setting up your business infrastructure (Days 1-14), launching lead generation through cold emails and Upwork applications (Days 15-30), and continuing the process consistently through community engagement and outreach (Days 31-90). This approach helps you secure clients and increase revenue steadily.
Why does the speaker emphasize the low capital investment required to start an AI automation business?
-Starting an AI automation business requires minimal capital investment, typically around $500 for basic tools and services. This low startup cost makes it an attractive business model compared to traditional businesses that may require higher upfront investments.
What does the speaker suggest to overcome the challenges of staying motivated and consistent?
-The speaker suggests creating accountability by partnering with someone who can check in on your progress. This could be a friend, mentor, or public commitment on social media. Regularly sharing your progress with others helps you stay motivated and consistent.
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