Making Money with AI: A Realistic Approach
Many people search for quick and easy ways to make money. However, the reality is that sustainable income requires effort and a solid understanding of business principles. AI doesn't change the fundamental requirements; it only accelerates the process.
The Core Principles Remain
Despite advancements in AI, certain elements are still crucial for building a successful business:
- Traffic: You need people to see your offer.
- Content: You need engaging and valuable information.
- Promotions: You need to actively market your product or service.
- Valuable Offer: You need something that people want to buy.
- Customer Avatar: You need to understand your target audience.
- Landing Page: You need a place for people to learn more and purchase.
- Copywriting: You need compelling text to persuade people to buy.
Understanding and orchestrating all these components is essential, and AI can't replace this knowledge.
AI: The Speed Multiplier
AI's primary impact is increasing the speed at which you can accomplish tasks. While it can assist with content creation, marketing, and other business activities, it's not a magic bullet.
Leveraging AI Based on Your Strengths
It's wise to focus on what you enjoy and outsource what you don't. For example, if you enjoy writing but dislike marketing, AI can help with market research, headline generation, and ad copywriting.
AI isn't inherently a great marketer or writer. It relies on general information and needs specific prompts and workflows to produce effective results.
Two Paths to Making Money
To generate significant income, such as \$1 million per year, you have two main choices:
- Become exceptionally skilled in marketing and all aspects of the money-making process.
- Find someone skilled in marketing and use their system with AI to focus on what you enjoy.
A Realistic Path to $1 Million Per Year
Let's break down what it takes to make \$1 million a year.
- Annually: \$1,000,000
- Monthly: \$83,333
- Daily: \$2,777
This daily target can be achieved through various methods:
- Selling 18 \$150 products per day.
- Selling 111 \$25 subscriptions per day.
- Landing one \$5,000 client every other day.
- Landing one \$10,000 client every four days.
- A combination of any of the above.
The client route may eventually require a team or productized service. The product or subscription route requires substantial traffic.
The Importance of Traffic and Conversion
If you have a 2.5% conversion rate on your landing page, you'll need 720 visitors per day to make 18 sales of a \$150 product.
Sources of Traffic
Where do these 720 daily visitors come from? Common sources include:
- Social media
- SEO (Search Engine Optimization)
- Influencer marketing
- Word of mouth
Skilled social media usage can generate significant views and impressions. Generating 10-50k YouTube views or 500k-1 million impressions across all social media isn't that difficult once you begin generating content.
AI for Offer Creation, Social Media, and Copywriting
While mastering these skills can take years, AI can significantly accelerate the process by training it on the principles of marketing and legendary marketers' data.
Personal Brand Strategy and Social Media
Starting with a personal brand strategy on social media is an excellent, free approach. You don't need paid ads or SEO to start. Content remains king, and establishing an audience provides leverage.
Introducing Cortex: An AI-Powered System
Cortex is an AI-powered system designed to assist with various aspects of building a business:
- AI Model Switching: Access to various AI models in one place.
- Pre-built Workflows: Access to ready-made workflows to simplify the process.
Cortex includes tools for:
- Generating content ideas.
- Creating social media posts.
- Writing threads, carousels, and articles.
- Recreating YouTube videos in your own voice.
- Market research tools for customer avatar creation.
- Crafting irresistible offers.
- Generating persuasive landing pages.
Creating a Personal Brand Strategy with AI
By answering questions, the AI generates a comprehensive strategy including:
- Target audience definition
- Skills and interests analysis
- Content inspiration sources
- Social media positioning
- Monetization strategy
- Content strategy framework
Customer Avatar Generation
AI excels at customer avatar generation, drawing on vast internet data to create accurate representations. It saves time and helps overcome the common challenge of understanding your target audience.
Irresistible Offer Blueprint
This tool assists in defining your product or service and crafting a compelling offer based on data, not guesswork. It helps with positioning, value equation, and highlighting unique mechanisms.
Persuasive Landing Page Generation
Using your customer avatar and offer details, Cortex can generate landing page copy, including:
- Headline variations
- Sub-headlines
- Lead copy
- Bullet point pain points
- Transformation sections
- Offer introductions
- Testimonial placeholders
From AI-Generated Copy to a Live Landing Page
Platforms like Stan Store can easily host digital courses, free guides, and coaching sessions using the copy generated by Cortex.
Content Creation and Traffic Generation
Cortex offers tools to generate content ideas, viral social posts, YouTube scripts, and more. It can even recreate YouTube videos in your voice, providing a structured approach to studying and adapting successful content.
The Importance of Consistency and Action
Ultimately, AI tools are only effective if you put in the work and remain consistent.
Need Help with Taking Action?
Cortex even offers tools to help you break down your goals into actionable plans and provide personal growth advice to keep you on track.