OpenAI has introduced GPT-4o mini, a cost-efficient small model that offers superior performance compared to previous models like GPT-3.5 Turbo. It's significantly more affordable, priced at 15 cents per million input tokens and 60 cents per million output tokens. The model supports text and vision inputs, has a 128K token context window, and knowledge up to October 2023. It outperforms other small models on various benchmarks, including reasoning tasks, math, coding, and multimodal reasoning. https://openai.com/index/gpt-4o-mini-advancing-cost-efficient-intelligence/

This guy on IG creates videos of an empty world.. He has gone to another multiverse. I want to create my own empty world with AI.. How would you do this? https://www.instagram.com/kilmaruig

Before diving into building AI infrastructures for yourself and your clients, it's crucial to have the basic foundations in place for your business to even work. These foundations are your “Niche” and “Core Offer”. Understanding Your Niche and Core Offer Niche: A specific area of a larger market that a business serves, with a specific target audience. Core Offer: The main product or service you're offering to your target audience (aka niche). Most people overcomplicate these two foundations, which is why many business owners never sign their first client. Here's how to simplify and effectively choose your niche and core offer: Choosing Your Niche When picking a niche, keep the following in mind: 1. TAM (Total Addressable Market): This is a market sizing metric that estimates a product or service's potential revenue if it achieves 100% market share. Choose a niche with a large TAM to ensure growth potential. 1. HTN (High Ticket Niche): Ensure your market can afford high ticket prices, making your efforts more profitable. Key Considerations for Your Niche Solve a Painful Problem: If the niche you chose does not have a painful problem you can solve, they won’t purchase from you. Expanding Market: The niche you choose must be expanding for long-term success. If your niche shrinks, so does your business. Interest and Commitment: You’re going to spend your life working with the niche you chose, solving their problems & spending thousands of hours helping them. Make sure you find it interesting at least a little bit. Audience Size: You will have big trouble running ads or building an audience if there are only a few thousand people in your niche. For substantial growth, target a large market (TAM). Debunking the Saturation Myth Contrary to popular belief, saturation is an illusion. Pick niches with lots of “competition” and “saturation” because it indicates high demand and proven concepts. There’s enough money for us all to be successful.

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I see there are a few familiar faces in here that probably already know me quite well. For those that don’t, I own an electrical design consultancy business in the UK, and I am incorporating a number of automations into my business to make us more efficient. I am also in the process of creating an automation agency targeting social media content, which will leverage a number of Make automations, this is still very early days but hope to launch in a few months. I know my way around Make and a number of the tools that integrate to it so hopefully can pass on some wisdom along the way.