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4 contributions to AI for Business
Hi everyone ๐Ÿ‘‹
I see there are a few familiar faces in here that probably already know me quite well. For those that donโ€™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.
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New comment Jul 10
1 like โ€ข Jul 9
Welcome @Noel Tovey-Grindlay ๐Ÿ‘
Essential Foundations for Building a Successful AI Agency
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 โ€œNicheโ€ and โ€œCore Offerโ€. 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 wonโ€™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: Youโ€™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 โ€œcompetitionโ€ and โ€œsaturationโ€ because it indicates high demand and proven concepts. Thereโ€™s enough money for us all to be successful.
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New comment Jul 9
2 likes โ€ข Jul 4
@Mitab Sany glad you found it useful
2 likes โ€ข Jul 8
@Carlita Shaw exactly ๐Ÿ’ฏ
The Revolution
1. The Wealthiest People In The World Say AI Is Improving Their Business. 2. The Biggest Companies In The World Say They Leverage AI For Faster Growth. 3. Forbes Says AI Will Take Over The Internet And Cause Global Economic Changes. 4. Stanford University Says AI Is On The Move And Shows No Signs Of Slowing Down. 5. Mckinsey & Company Say AI Is Advancing At Concerning Speeds. Companies like OpenAI, ChatGPT, Amazon, Meta, Salesforce, Bloomberg and so many more are all ruthlessly competing with each other because they all know AI is new and itโ€™s the future. The BIGGEST companies in the WORLD are fighting every single day to beat each other in the AI world, this is only happening at scale because every BIG company in the WORLD understands the actual value of AI compared to general society which hasnโ€™t the slightest clue what AI is really capable of. Great entrepreneurs find solutions of the future, and so it makes sense when the richest people in the world do everything they can in order to take advantage of the BIGGEST REVOLUTION in the history of mankindโ€ฆAI Have you now understood and see the REAL VALUE of AI? So how can you not be using AI in your business even now? Or is that you don't know how to start? If you find value in this short post, comment below!
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New comment Jul 8
1 like โ€ข Jul 8
@Noel Tovey-Grindlay This is an interesting fact and many businesses willl realise this late. It's just like when the internet came out -Mass confusion.
0 likes โ€ข Jul 8
@Noel Tovey-Grindlay do you know these people (business owners)?
AI integration
How has AI benefited your business over the last three months, and in what areas do you need help with your business?
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New comment Jul 8
0 likes โ€ข Jul 4
@Travis Haasch exactly ๐Ÿ’ฏ If top companies are leveraging Ai infrastructures, then you know that you'll be left behind if you don't!
1 like โ€ข Jul 8
@Steve Taylor you're absolutely right, It's exciting!
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Mick Herb
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2points to level up
@michaelmarion-herbert-6928
Mick Herb is a seasoned businessman known for his balanced and impartial approach to business. His strategic mindset and dedication to growth.

Active 128d ago
Joined Jul 1, 2024
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