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NOW ONThere's a brand new AI opportunity that just opened up, and it involves local businesses and some AI tools that I'm going to tell you about. These tools are cheap or even free, but you can turn around and charge hundreds or even thousands of dollars with these same tools. Here are a few screenshots of people doing the same or similar things and making great money from them. And if you want the same potential results that I'm showing in these screenshots, make sure you watch to the end of this video because I'm going to show you three different ways to do this.
The way this works is through something I call AI Arbitrage, and you can see Sean Hill here that I'm showing used ChatGPT to write all the code for a chatbot, and then he sold that entire chatbot like a mini business to a bigger company for $10,000. Now, Sean Hill is not a coder. ChatGPT did all the work to make this money. Here's a guy named Ihor who did a similar thing. He had ChatGPT write all the code for a Chrome extension, and after ChatGPT built the thing, he got $11,000 worth of orders for it, and then he turned around and sold the entire thing as a little mini business for enough money to buy an entire house for cash.
Let's go to the second way that you can make money with AI and local businesses, and that is to set up AI systems for them that can save them time and save them money. Did you know you can now set up an AI receptionist that answers the phone like a real person, and you can't even tell that it's a computer answering the phone. You can pre-program it with every question that a caller might ask, calling a small business. You can connect it with a calendar so it can make appointments, and it can even close deals and take orders for you. Now the best way that I know to find out how to find some AI systems to set up for a small business is to simply ask ChatGPT.
Now the third opportunity to make money with small businesses and AI is offering training and consulting in AI. I want you to imagine a small business owner with three or four people, maybe they're working at desks doing different administrative stuff. If you could go in and show these folks all the time that they can save by simply integrating ChatGPT into their normal business operation, the amount of money and time and productivity that's going to improve for them is going to be incredible.
Q: What is AI Arbitrage and how can it benefit local businesses?
A: AI Arbitrage is a concept where AI tools are used to provide services to local businesses at a low cost, which can then be sold at a higher price, resulting in potential profits. It involves leveraging AI tools for various tasks such as building chatbots, writing code, and improving efficiency.
Q: How can AI be utilized for marketing services in small businesses?
A: AI can be utilized for marketing services in small businesses through concepts like AI Arbitrage. For example, businesses can use tools like ChatGPT to automate tasks like writing code for chatbots or Chrome extensions, which can then be sold to larger companies for profits.
Q: How can AI systems improve efficiency in small businesses?
A: AI systems can improve efficiency in small businesses by automating tasks, such as answering calls, making appointments, and closing deals. These AI systems can save time and money for businesses by handling repetitive tasks and interactions with customers.
Q: How can offering training and consulting in AI benefit small businesses?
A: Offering training and consulting in AI to small businesses can help them integrate AI tools into their operations, improving productivity and efficiency. By showing businesses how to leverage AI technologies like ChatGPT, consultants can help them save time and money.