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Dan Martell
- January 16, 2026
How I’d Make $1M with AI in 2026 (Zero Code)
Episode Stats
Length
17 minutes
Words per Minute
211.71573
Word Count
3,713
Sentence Count
151
Hate Speech Sentences
1
Summary
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Transcript
Transcript generated with
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turbo
).
Hate speech classifications generated with
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.
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I became a cash millionaire at 27 years old with software.
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But if I had to go back and make my first million dollars
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in the next 12 months with AI, this is exactly what I do.
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It's the same proven process that I took all my AI companies
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at Martell Ventures through over the last year.
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And three of those companies are already at a million dollars
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in revenue in less than 12 months.
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So if you've been thinking about building an AI company
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or already have one and want to scale past the million,
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this video is your blueprint.
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And if at any point in this video, you think to yourself,
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I can't do this, you might not be cut out to make a million with AI. But if you're one of the select
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few that are willing to do the work, this video is for you. Starting with step one, sell before
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you build. Let me tell you the fastest way to go broke with AI. Spend the next six months building
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a tool, then find out nobody wants it. You actually got to flip it. You need to sell it first, then
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build it. I call it pre-selling. Here's how it works. The first thing is we have to find 10
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potential customers and ask them for advice. I'm going to give you the question to make this really
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easy because I learned a long time ago, if you talk to a potential customer and ask them for
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money, they'll just give you advice on why maybe you're not ready. But if you ask for advice,
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they give you feedback and then they sell themselves into buying from you. So the question
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you want to ask them is what has been hard about your business that if you could automate with AI,
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you would love to get that set up for yourself, right? Just ask them those questions. And when
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they give you the answer, then you create the offer, which brings us to step two. That's usually
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when people say, well, how much should I charge? My rule is, is whatever you would charge for the
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year, give them a 50% discount. And the reason you're giving the discount is because you're
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going to ask them for a case study, but what they're giving you in return is the permission
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to use their name to then use that when you go talk to other customers. And finally, you have
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to decrease the first time to value for your customer, meaning you have to build a plan that
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goes from like they gave you money to they got something as fast as possible. That's pre-selling
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and it's easier than you think. But now that you understand you have to pre-sell, how do you find
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the people to sell to? Which brings us to step two, pick a boring market. I have a rule. I don't
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like to sell to hot, exciting, flash in the pan industries. Things like marketing and technology,
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right? Crypto, e-com, course selling. And I'm not saying they're an absolute no. The problem is,
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is that when you get into these shifts and fads,
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the fad could go away and you build a whole business
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against something that won't be there
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in three or four years.
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We have to pick a market that's easy to get into
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that's gonna value innovation.
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It's like Jeff Bezos.
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He said, look, I don't care about what's new.
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I care about what's true.
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What are customers gonna care about in 10 years, 20 years?
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It's not gonna change.
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Because if you can find these boring markets
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that don't have a lot of competition,
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those are the ones that typically have high margins
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and they're ripe for disruption and innovation.
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So how do you pick a born market?
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Well, first, ask AI.
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You can type, show me 20 boring industries
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with high average deal sizes
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where operations are still manual, okay?
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Why?
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Because AI will help you automate those manual processes.
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See what I did there?
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And then the high deal size
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means that they're gonna pay a lot,
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not too much, not too low,
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because people that have money are great to sell to.
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So once you've got the boring market, how do you actually know what to sell?
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The second, within that market, we got to find a pain that they actually have.
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So for an electrician, maybe it's the fact that they have missed calls that they're always
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getting and they're losing jobs because those calls are coming in after hours.
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See how that could be painful for somebody to try not to be tied to their work or when
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they're working, they're actually getting paid and they don't have time to answer a
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call.
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The third thing is we have to figure out the benefits that are needed.
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If the person has these problems, what are the key things that you're going to solve
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for them?
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So for example, if it's that they're not available
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to take calls, then you can use an AI software
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like your Atlas and actually get paid
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to set it up for them so that it answer,
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it qualifies and it schedules calls
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while they're on a job being an electrician.
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But you get paid by setting that up for them.
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See, the cool part is in this world we live in,
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you can make money using AI tools that other people built,
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but you're the person in the middle
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that sets it up for these business owners.
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by the way i have links to all the tools i'm going to mention in this video below in the
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description so you can click them if you want to check them out but if i had to make a million
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dollars with ai this year again i wouldn't start with an idea i would start with the boring market
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so now that you know the market you want to be in next we have to lock in the math that keeps you
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rich not just busy step number three pick your high margin model now margin is a weird word a
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lot of people don't understand it but it's very simple if i sell a product for five dollars and
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and it cost me a dollar to make, my margin is $4.
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The challenge is most people focus on revenue
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and it's a vanity.
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How much money did you make last year?
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Oh, I made a hundred grand.
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Well, if it costs you a million to make a hundred grand,
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it's not a business you wanna be in.
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And unfortunately, most people don't understand
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how to build the business in a way
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that can make them a lot of profit.
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And why AI is so powerful for this
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is that it can take your delivery costs,
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where in the past you'd have to pay somebody to do it,
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and bring it down to almost zero
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because AI can automate it.
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You want your AI business to feel like that.
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High price, tiny cost.
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Charge a lot for what you do, very low cost to deliver.
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And look, I've done the research for you.
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So here are the highest margin AI business models for 2026.
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The lowest one is AI services, around 70% margin.
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Again, you can Google or search on AI, any one of these.
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The next level up is AI consulting, around 80% margins.
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Then we go to AI digital products, around 90% margins.
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And then the one that I'm in and I love is AI software,
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a little bit more complicated to do.
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And they have around 95% margins
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where I spent personally 93% of my time
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all week building these companies.
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If I had to get rich with AI this year,
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here's what I would do.
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First, I would start with an AI service or consulting.
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That way it gets me in the conversation with the customers.
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I learned the AI to automate,
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but then I would try to productize it
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into a light software that takes the workflow
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that I've documented and systematized
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and packages it into a software
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that other people can buy without me even talking to them.
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That's how we get to 95% margin.
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So now we've got a boring market figured out
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and a high margin model so you can make some profit.
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Now you need to find the right person to sell it to.
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Step number four, create a high cashflow offer.
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Most people sell AI.
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Truth is nobody wants AI.
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A business wants customers, a business wants productivity,
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a business wants to reduce its costs.
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It doesn't care if that's AI or fricking a thousand people,
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as long as what they're paying
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and what they're getting, there's an ROI.
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Just so we're clear, margin is the profit potential.
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Cashflow is how the money flows through the business.
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For example, if I sell you a thousand dollar solution
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that you buy from me,
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but then I got to put out $500 of my own money
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because by the time I send you an invoice
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and then your finance team gets it and they pay it,
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I got to put money out before I get money back.
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That's where cashflow is important.
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These are the four steps to avoid making the mistake
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of creating a cashflow crunch in your business
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before you even get started.
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The first thing we have to do is when we're selling,
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we have to sell one specific benefit.
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You can't try to sell anything they want.
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So for example, if I'm selling to electricians,
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I'm saying that I can get them 10 more customers per week
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without answering a single phone call.
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See how that's one specific result or outcome?
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The second is we have to package our pricing
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so that we get paid as much as we can upfront
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before we incur any costs.
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So for example, maybe your service you're selling
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is $1,000 for one month,
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but you might be willing to give them a discount
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if they go six months upfront
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and you give them a discount to 4,000.
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So that first conversation and transaction
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is now four times more than the initial for one month,
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but you've committed for a longer term.
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The beautiful part of this
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is it reduce your potential churn,
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meaning customers that cancel,
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and it increases the amount of cash
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in your bank account early and up front,
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then we have to implement scarcity
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because the truth is,
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is we have to give people a reason to buy
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because if they won't,
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they'll just put it on to-do list
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and think about it later.
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So I like to say that we're opening up 10 founding spots.
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After that, the price is gonna go up
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because you say I only got 10 spots.
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I don't have all the time in the world.
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It's just me right now.
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And I only have so much capacity.
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So you can use that to create scarcity
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and get the person to make a decision
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versus them just sitting on their hands and waiting.
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And lastly, we wanna add a bonus.
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so that we give them a reason to make a decision today.
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But the best bonuses kill objections.
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So for example, maybe they're like,
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hey, I wanna do this,
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but I'm worried that my team doesn't have time
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to actually implement what you're selling.
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You say, cool.
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Well, because you're one of our first 10 customers,
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we actually have a bonus we wanna add
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where we come in and we train your staff.
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Normally people are gonna invest
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five to $10,000 to do that.
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But because you enrolled at the six month level,
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we're gonna do that for free.
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See how it's a bonus that deals with their objection?
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Do that every time and you will get more deals.
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If you wanna get rich with AI or business in general,
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you just can't sell your hours.
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When you sell the result,
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then you're motivated to become more effective
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at getting the result.
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And anytime you can improve with automation or AI
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or training your staff better, the improvement you keep.
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And by the way, I spent years testing and tweaking offers
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until they converted fast.
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Then I turned it into a simple plug and play template.
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If you want my exact offer template
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that you can copy and paste for your AI business,
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find me on Instagram and DM me the words YouTube offer,
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or just click the link below in the description.
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I'll send that over to you.
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Cool, so you have an offer.
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Now what?
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You need to build your product.
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Step number five, you have to build your AI MVP.
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So MVP stands for minimum viable product.
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Essentially, most people hear product and they think,
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oh, now I have to go hire a bunch of engineers
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and developers and build a bunch of stuff.
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And guess what?
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you don't there's a bunch of tools you can use to build the product i'm going to teach you about in
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a second but the idea is for it not to be perfect and not beautiful but for that it just works
00:10:10.280
it's like this guy was talking to an event once he's showing me his product okay fancy beautiful
00:10:16.760
mobile all the bells and whistles and i was like well how did you build things like i hired an
00:10:21.240
agency and it cost me a hundred thousand dollars and i'm like cool is anybody using it customers
00:10:26.120
yet no not yet i'm like you spent all your time on functionality to make it look good but never asked
00:10:32.920
does it actually deliver value for the customer so what i want to share with you is how to build an
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mvp that actually gets results not just looks good best part is you only have three options
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the last one's the most advanced but it's where i spend most of my time the first is a no code
00:10:48.120
platform when you look into these tools like a zapier or a make.com or n8n essentially you can
00:10:54.840
take any manual process using AI and automate it. There's even tools like Go High Level that are
00:11:01.360
CRM and funnel builders, or things like Lovable, where you can just type to it and it'll build
00:11:06.360
apps that solve problems for customers. The key is spend the least amount of time
00:11:11.600
configuring your automation so that it gets a result for a customer. If you have to do it
00:11:16.480
manually first, so you just even learn the steps of how it needs to be automated, that's probably
00:11:20.760
a better place to start than to just pay somebody to come in and build you something super custom
00:11:26.020
encoded. The second option is to use an AI assisted code platform. It's called the Gentic
00:11:31.940
programming. Those are tools like Replit or Cursor or Google's anti-gravity platform. It's not as
00:11:38.660
simple as just prompting like a lovable, but it's way more configurable. Every one of my engineers
00:11:44.940
in my venture studio uses one of these platforms to write the code. The third option is to hire an
00:11:50.580
an AI developer to build it for you.
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Now, most people get burned because they hire somebody.
00:11:56.100
They say they can build the thing,
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they give them all their money,
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and then all of a sudden the product they get back
00:12:00.600
is crappy, buggy, or just doesn't work.
00:12:03.180
The best way to test for this
00:12:04.660
is if you're gonna hire a developer,
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give them a tiny test project first.
00:12:08.160
I like to look on upwork.com or call my local college.
00:12:11.320
The key is the MVP not only has to be simple,
00:12:14.120
but it has to add value.
00:12:16.080
If you don't show it to a customer and they go,
00:12:18.600
oh, that's cool, then it doesn't work yet.
00:12:21.700
So now you have an MVP, your AI system works
00:12:24.360
either through automation or custom code.
00:12:26.460
But the next problem is if you don't automate the delivery
00:12:29.400
after you sell a customer, you will drown in client work.
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Step number six, automate delivery.
00:12:35.620
The biggest mistake that happens for entrepreneurs
00:12:37.920
is not being prepared for success.
00:12:40.340
One customer, no problem.
00:12:42.180
Three customers, I can get it.
00:12:44.320
Five to 10, now I have to use project management software.
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have to have a support email maybe a support phone call and if you don't get ahead of it to automate
00:12:53.060
it that pressure can actually take you out of business here's my rule automation can turn your
00:12:58.500
business into a machine one that works while you sleep so here's how you map your four-step delivery
00:13:04.580
system first is the purchase the moment somebody checks out okay so you're probably going to use
00:13:10.020
stripe to accept payment that kicks off a notification the second is once you get that
00:13:14.900
purchase okay and you can do it manually or you can ask them to click a link and buy from you
00:13:18.740
that'll trigger access into your software or even into your community my brother sells houses and
00:13:24.420
as soon as somebody puts a deposit it sends an email to add them to the project management
00:13:29.380
software that the client's going to use to pick all the options for their custom home
00:13:32.980
so it works for any industry the third step is onboarding think i bought something now what
00:13:37.940
happens next well ideally you give them the software you just build or you might give them
00:13:41.940
the ability to schedule some time with you so that they can schedule a review of how the software
00:13:46.660
needs to be set up right and that whole process is automated the fourth step is support think
00:13:51.220
about all the questions that they're going to have for you so if you want to get rich this year you
00:13:55.140
can't be manually onboarding clients over time you have to build a delivery system that feels like a
00:14:01.220
vending machine and it's automated and it works every time so now you've done everything you've
00:14:06.420
got the business model you got the product you get the customers you've automated your system
00:14:09.940
this is how we scale in 2026 but you have to be careful because if you're too greedy or worse not
00:14:15.940
greedy enough it might be all for nothing which takes us to a hidden step that very few people
00:14:21.140
consider step number seven getting long-term greedy a long time ago one of my mentors this
00:14:26.580
guy named steve said there's two types of greed there's short-term greedy and then there's long
00:14:30.740
term greedy short-term greedy might get you what you want today but it stops you from getting what
00:14:35.860
you want long-term what he was trying to say is that i could ask for the investment terms i wanted
00:14:41.220
today and people will pay for it but then i'm going to have investors that i might not need
00:14:45.300
for the long-term journey where he said if i'm long-term greedy then i'm going to give my
00:14:49.380
investors the right terms to capture the right investors so they support me over the long term
00:14:54.500
you can only get rich this year by wanting to build an empire for the next 50 years
00:15:00.180
if you don't fall in love with the idea of making money over a long period of time
00:15:05.780
then your desire to find the flash in the pan will actually be your kryptonite that's why being
00:15:10.660
long-term greedy is always broken down into the three s's of wealth the first s is sell this is
00:15:16.420
the skill you need to develop you get your first client you start to get the machine turning okay
00:15:21.220
the second s is scale once you get dozens of customers then you have to scale it up you have
00:15:26.180
to tighten your systems which stands for save yourself time energy money and stress you raise
00:15:30.900
your prices because you're adding more value you improve your offer you work on your team
00:15:35.860
you get to a place where it almost feels easy but that's where we go to the third s which is stack
00:15:41.460
once you have one machine working really well which every business can get to a place where
00:15:46.580
it's producing cash you can now add other offers or other products on top of your service either
00:15:53.060
through partnerships for things that you like or you build yourself or you could even buy other ai
00:15:58.020
companies to sell into your existing customer base that is the goal is to build an empire
00:16:04.420
it's to create a life of unlimited creation you never have to retire from most people that start
00:16:10.660
businesses are very creative people and they think the bigger i get the harder it's going to be
00:16:15.940
and the opposite actually happens at scale because the bigger you get the more resources you have
00:16:21.860
to invest in really smart people that are going to come in and help you co-create that future with you
00:16:27.060
and make your life easier so here's the deal anybody watching this can do what i just shared
00:16:32.660
it doesn't require any special schooling or a trust fund or anything you just have to talk to
00:16:38.100
customers but what it will teach you along the way is to strive to become your 10.0 self the best
00:16:45.060
version of yourself that is one way of being successful but if you want to live a life of
00:16:49.700
of fulfillment? Yes, 10.0 self is what you're after. But the other side of that is to give
00:16:55.440
yourself away. Share your strategies with the world like I'm doing here. Now, I don't want you
00:17:00.820
to just watch this. I want you to do something with it. So find me on Instagram and DM me the
00:17:06.820
words YouTube offer and grab my template. Build an offer that you can start selling this week.
00:17:14.200
Find the customers, ask the questions, be curious,
00:17:17.580
but I need you to win this year.
00:17:19.600
2026 is your year.
00:17:21.440
AI is still early
00:17:23.100
and the companies are out there waiting for your call.
00:17:26.200
And if you wanna learn the nine high income AI skills
00:17:29.260
you need to get rich,
00:17:30.280
click the link and I'll see you on the other side.
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