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A tip of the hat to you, joining us for another Odd Night, where every clandestine meeting could be the birthplace of your empire.
Every other night, we unravel a business idea with the potential to be your next entrepreneurial adventure. Curious? Excited? So are we! Let’s dive in!
Here’s what we got for you today:
The drop: AI Automation Agency (no coding needed!)
Teenager goes viral after building SaaS platform
Corporate lingo we all have no time for
Today’s Drop 💼
Starting an AI Automation Agency
🍿 The Big Picture:
It’s no secret, the realm of AI is vast, with AI automation standing out as a rapidly growing sector. The global artificial intelligence market is expected to reach an astound $1.8 TRILLION by 2030.
The real question here is, how can you grab a slice of this lucrative pie? Fear not, we’re here to guide you to the solution!
🛠 The Idea:
Ever heard of an AI Automation Agency? Think of it as a tech wiz that uses AI to help businesses automate tasks, boosting their efficiency! And here’s a twist – it can be a one-man agency!
Agency model simplified: If you’re new to agency model, it’s essentially a business model where one entity (the agency) offers specialised services to businesses (their client), often managing the implementation of these solutions. Using an agency instead of hiring in-house offers businesses the advantage of accessing specialized expertise and services on-demand, often resulting in cost savings and increased flexibility.
Many businesses are currently in fear of how AI will take over their industry and you are their knight in shining armour. Your AI automation agency will be offering bespoke services such as automations, chatbots, and AI tool stacks. Identifying the needs of potential clients and matching them with your agencies expertise.
It’s also worth noting you could do this with little-to-no code experience. Most AI solutions are simple to implement, so your job will be less on the technical side and more just knowing which AI tools will boost the efficiency of your client.
Some examples of services you could provide:
Personalised Cold Outreach: Utilise tools like Zapier and PhantomBuster to create a personalised and automated outreach flow.
Staff Training Chatbot: Help your clients offer 24/7 support by transforming training docs and FAQs into responsive chatbots deployable on various platforms.
Customised Plan Generator: For industries like personal training, convert existing workout plans into customisable solutions using Stack AI.
Onboarding Chat Assistant: Automate client onboarding for service businesses, focusing on specific industries.
Customer Support Chatbot: Develop a chatbot answering common queries, enhancing guest experience.
Start with smaller business and scale up as your experience, confidence and knowledge increases. Build your presence through cold outreach, engaging on social media and collaborating with other agencies.
🔥 Is the Market Hot?
Absolutely! With industry giants like UiPath bringing in an annual revenue of $1.06 billion and the growing demand for AI solutions, the market is ripe for entry.
🍞 Revenue Potential:
Like most agencies, you would charge your clients a monthly price in return for the regular service of running, maintaining and implementing AI solutions for their problems.
It’s difficult to suggest a hard-and-fast rule of what you would charge but establish competitive pricing to build your portfolio, gradually increasing as you deliver value.
Agency models are proven to be lucrative when done right, take Neil Patel who has built a 9 figure SEO agency (thats like minimum 100 million 😱) as an example.
🎯 Conclusion:
In AI automation, innovation and profound customer understanding is your compass. Discover your niche, provide inventive solutions, and watch your venture thrive. Are you ready to step into the future of AI automation? The time is now!
Tweet of the Day
This 17 year old has gone viral this week
This 17y old kids built a Discord for developers
— Philippe🦋 (@dearphilippe)
1:06 AM • Sep 21, 2023
Midnight Meme 😂
Odd Notes:
Exciting insights and opportunities await you on the next Odd Night! Keep dreaming, keep building.
Have a business idea that we could feature? Hit reply and share the 411. If we ride with your plan, you'll see your name in the credits. That a deal?
Disclaimer: This newsletter is educational, not financial advice. Exercise caution and conduct personal research before making investment decisions.