How to Make a Million Dollars with AI: A Simple 3-Step Blueprint

Make a Million Dollars with AI

Introduction:

If you focus for the next 20 minutes, I’ll give you a simple three-step blueprint that will make you a million dollars with AI from scratch. Or you could go get distracted, go back to listening to yet another podcast, and wonder why you’re not making progress in your life. It’s your call.

I’m hamid . I became a millionaire in cash at 27 years old. And since then, I’ve helped thousands of founders make a Million Dollars with AI for themselves through software and AI. And what I’ve discovered is that making a million with AI is actually easier than it looks. All you need is a process. So, in this video, I’m going to show you the exact systems we use to make millions with AI without writing a single line of code. So, let’s get into it.

Step Number One: Target a Boring Market

Step number one, you have to target a boring market. If you go after a boring industry, competition is lower, margins are often way higher, and the adoption is easier because they are looking at you as the expert. They’re going to fight with you, and the opportunity is massive. It’s kind of like driving a car down a hill. If the road is busy, you can’t drive very fast. You have to pass a bunch of people. Picking a boring market is like taking everybody else off the road so you can go faster.


How to Find Your Boring Market

Now, if you’re wondering how do you find your boring market, just follow these three steps.

Market Research

The first step is to do some market research. You have to look at where you want to sell. If you want to sell to a certain city, you go into Chad GBT and say, “I want to do market research on this city, and I want to find boring businesses or boring industries that are growing that I can use AI to automate and do a deep research project.”

And you want to tell it, find the industries that can easily pay for something between $5 $10,000 to set up AI automation. That’s what you’re selling. You’re selling AI automation to a boring business in your market that can easily pay $5 to $10,000. Have it do that research and build that list. Trade businesses or law firms, or dental medical-like things that don’t have a lot of AI adoption. Farming could be one. It just may not be growing, but there could be a segment within farming that’s growing, and that’s what the AI will find. So, just pick one.

Pain Point Research

The second part is to do some pain research. Figure out within that business where the biggest pain point is. Go read the reviews. Go read about the industry. Talk to the businesses. Ask them when it comes to bottlenecks in your business, if you thought maybe AI can solve something for me. Have them tell you where the opportunity is.

You’d be surprised if you called up saying, “Hey, I’m just doing some market research. I’d love to get your advice.” They’d be like, “All right, what are your questions?” At the end of it, they go, “Why are you asking me these questions?” And you say, “Well, I do AI automation to help businesses like yours solve these problems.” They go, “Well, why don’t you just come in and do that for me?” See how asking for advice can get you a customer?


Technology Research

And the third step is then you have to do some technology research. Meaning once you’ve mapped each pain point in regards t,o li,ke, maybe it’s scheduling or data entry or lead scoring, maybe it’s data monitoring. You want to go find the first AI solutions that exist in the market that you can map to those problems. If you want to help them with their data, you might look at precision.co, which is a data platform, or HelloFrank, which helps them with financial modeling.


Real-World Example: Solving a Pain Point with AI

For example, maybe you do the research and realize that, like some kind of boring trade like plumbing, is the market you want to go into and like serve. And then you find out that a lot of these plumbers are so busy doing the plumbing, they don’t have time to answer phone calls. So missed calls are the pain point. And they’re losing jobs because nobody’s answering the ccall. After all ,they’re busy.

You can find a tool that can answer calls 24 hours a day like a receptionist. And it’s all automated using a tool. So check out your.com. It does this. It literally takes all the inbound calls, can answer questions, support questions, hour operations questions, everything that you just point to a document, and it can even take that sales call, qualify them, sell them into buying from you, and then get that deal put in the calendar for your customer.

The Business Model: Getting Paid Without Building Technology

And just like that, you could have sold a plumbing company a $5 to $10,000 license for the software you set up that’s making them money, and they’ll pay you every month for that. You can go to the website, test it out for yourself, and see all the customers that are currently doing this. This exists today. You can make a million, no problem. You want to get paid to implement the AI tool for the business owner, set it up, manage it, and get paid every month. You don’t actually have to build the technology. That is the number one thing that holds people back. They think they actually have to understand how to build this stuff. You don’t.

Personal Insight: Why Boring Markets Win

When I look back, and I’m 24, and I just failed twice, it wasn’t until I shifted from trying to build cool things for my friends to actually going after a boring market, which was enterprise softwarthatere I finally found traction. In my first year, I made almost a million dollars. But finding a boring market alone won’t make you a million. To do that, you have to master this next step.

Step Number Two: Set Your Gross Margins

Step number t:o , Set your gross margins. In business, revenue is vanity. Margin is for your sanity. Trust me, if you make a million, but it costs you 500,000 to make it, you didn’t make a million, you made 500,000.

About likeearn.com

My name is hamid raza 24 Years old, a graduate in Master of Business From Punjab University.I have 5 years of experience in business growth and have done many business growths. I will provide you new business ideas and tips and tricks at bringearn.com.

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