Free Business Idea for The Technologically Inclined

in #ai2 days ago

I'm providing this idea for free because I'm not in a position to execute on it at the moment. I am not betting on finding a collaborator either. Good ideas can shine when they are exposed to the world and there are many smart and capable minds on this blockchain. You are blessed today to have a good idea and you can send me your upvotes and tips if you find this strategy useful.

The Innovative Technology/Art

Inventors often get excited by technology; but become very slow to create products and services with it. We have finally come to a point where a specific type of art can only be created by using "AI" as a paintbrush. There could be some savant who can produce the type of art demonstrated in these videos. That would be a miraculous thing in itself.

Pioneer A Jigsaw Niche

I have not seen anyone creating a Jigsaw puzzle with multiple solutions for the general market. Jigsaw puzzles can be seen around the world and there is very little interest on it because there is no fancy narrative around it similar to cryptocurrency, AI or technology in general. Imagine bringing in AI designed multiple solution Jigsaw puzzles into the market! The first mover advantage could be tremendous.

13 Pieces of Marketing +Business Advice

Alex Hormozi has a great deal of experience and results to show that he knows what he is talking about. He speaks based on the things he is familiar with. Alex Hormozi may get few things wrong. It is on you to get the most out of the knowledge he provide.

21: Graduated Vanderbilt in 3 years Magna Cum Laude, and took a fancy consulting job.
23 yrs old: Left my fancy consulting job to start a business (a gym).
24 yrs old: Opened 5 gym locations.
26 yrs old: Closed down 6th gym. Lost everything.
26 yrs old: Got back to launching gyms (launched 33). Then, lost everything for a 2nd time.
26 yrs old: In desperation, started licensing model as a hail mary. It worked.
27 yrs old: "Gym Launch" does $3M profit the next 6 months. Then $17M profit next 12 months.
28 yrs old: Started Prestige Labs. $20M the first year.
29 yrs old: Launched ALAN, a software company for agencies to work leads for customers. Scaled to $1.7mmo within 6 months.
31 yrs old: Sold 75% of UseAlan to a strategic buyer in an all stock deal.
31 yrs old: Sold 66% of Gym Launch & Prestige Labs at $46.2M valuation in all-cash deal to American Pacific Group. (you can google it)
31 yrs old: Started our family office Acquisition.com. We invest and scale companies using the $42M in distributions we had taken + the cash from the $46.2M exit.
32 yrs old: Started making free content showing how we grow companies to make real business education accessible to everyone (and) to attract business owners to invest or scale their businesses.
34 yrs old: I became co-owner of https://Skool.com to help the many people who want to start a business online do so.

Diffusion Illusions

These developments are brought to you by the following researchers and you can use their discoveries to carve yourself a niche and a temporary monopoly by acting fast:

  • Ryan Burgert
  • Xiang Li
  • Abe Leite
  • Kanchana Ranasinghe
  • Michael Ryoo

These images are generated with Stable Diffusion without any training. In other words, open source software anyone can run locally as long as they have a good GPU. The most important part is being good with technology. There are many developers with more than enough technical skill to pull this off.

SIGGRAPH 2024 Talk

A Good UI Can Make All The Difference

One of the best examples of this is ChatGPT. I don't have any old screenshots of GPT Playground. The UI looked more intimidating than the current iteration and there were older LLM models available to play with. Open AI was very generous with free credits. I have not used GPT Playground after my credits expired.

The important factor is that a UI like the one above would not have made ChatGPT into the fastest growth story in tech. Providing accessibility to normies is a very lucrative business. When dealing with open source software, it is not the shovels that make the most money.