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- AI is the 5th leverage
Use leverage.
Good day readers, I want to begin today’s newsletter by letting you guys understand the importance of ‘leverage’.
I’m sure some of you followed me through my YouTube journey of using Options, doing Investment & Business. Now you want to see the power of AI and what I know about AI.
You are obviously interested in making more money for yourself, and that is why you are receiving this newsletter.
Making money is all about acquiring skillsets that are high in demand but low in supply, this pushes the market equilibrium to a high market price for the products you create or the service you provide.
In today’s age if you want to make a lot of money, you should know that the school system itself Is not going to make you filthy rich. (comfortable yes, wealthy no)
Why? You are acquiring the same skill set with 200 people in your cohort, there will be a new cohort every year. There are multiple universities in your city offering the same education course. You are no more special, your only optimisation to ‘stand out’ is through your grades.
Yes society needs these people. Let them. Let them be part of the matrix. I want you, to escape out of the matrix. I have nothing to sell you. (yet) So do not be skeptical and keep an open mind of what I am about to share with you.
You are better off figuring out your own path, develop skillset that
Pays well.
You are incredibly talented at.
You can see yourself doing for a prolong period of time.
From developing this skillset,
Use leverage through,
Labour
Capital
Media
Code
Artificial Intelligence
What do I mean? I will illustrate an example.
This audiobook I created, $100M Leads by Alex Hormozi
This is the trend It is growing, it is the top ranking video when you search for “$100M Leads Audiobook”
It is an evergreen video. (It will constantly gain views through the passage of time. Look at the upwards trend)
Overtime, this should gain 1 million views,
If I place a single ad on this video, and YouTube pays $2.50 USD per 1000 views.
1 million views: 1000 unit x 1000 views
1000 views = 2.50 USD
1000 unit of 2.50 USD = 2500 USD
If I place multi ad for an 6 hours video, this will easily be >5000 USD
How long did it take me to produce this video?
Answer: 8 hours.
8 hours for 5000 USD is pretty good imo.
Think about it, how many people in the world is thinking of creating audiobook to benefit others/whole wide world?
Definitely lesser than the amount of people who are doctors, lawyers, engineers.
How many people can you serve and create value for in your own ways?
World wide.
What is required for this to happen?
Skill stacking + Knowledge gap.
Skills required
Video editing
SEO
AI VoiceOver
Read enough books to know what people want
Understanding YouTube’s Algorithm
IF you stack all these skills, not many can create the same value as you.
That GIVES you your UNIQUE EDGE.
An Audiobook business gives you leverage like:
Media (YouTube - 1 to many)
AI [VoiceOver] (Reduce time taken, reduce cost of production)
Labour (Hire VA and outsource the production of Audiobook)
If you notice, I am in the audiobook genre, it can be literally any genre, genre that you MAY BE GOOD AT, be interested in, everyone has their unique edge. (Pets, history, latest gossip trends, entertainment.)
I did this Audiobook to illustrate that there are literally many opportunities out there, you are only constraint by your mindset.
Get out of that fishbowl you place yourself in, go into a much bigger environment. It will be stressful, but you will adapt.
Humans thrive and survived because we are ADAPTABLE.
With the advent of AI, do yourself a favour, be creative, be bold. Hold yourself accountable and commit to things that you said you wanted to try. You never know what may turn out of it, i.e location freedom, financial freedom.
You only have one shot at life, you should not live with fear and do as little as you can, you should fear that you regret not doing the things that you envisioned yourself doing, but did not do.
Minimise. Regret.
AI will significantly reduce the time required to get things done, this will mean it will be incredibly profitable to run businesses. So long as market equilibrium stays the same.
Signing off,
Sin Hai.