Earning $100 Million in AI Space: Strategy and Divisions Revealed
Key insights
- ⚙️ Morning Side AI aims to transition from custom AI development to an AI automation agency focusing on education and coaching businesses
- 📚 Morning Side AI offers a range of products including education and coaching tools, consulting services, and software tools under its AI, Consulting, and Ventures divisions
- 💰 The company is developing new tools within Morning Side Ventures like Morning Side Ai and education, without seeking VC funding to avoid giving up control of the business
- 🔑 Morning Side AI provides essential credibility, authority, and cash flow for success in the field of AI, supporting businesses in charging for educational programs and gaining trust for consulting services
- 📈 The main focus is on building a successful AI agency, understanding market needs, and creating successful SaaS products with a strong alignment of incentives for agency owners
- 💡 The creator aims to make money by sharing knowledge for starting a successful agency and selling software, emphasizing personal branding, audience feedback, and using market data for success
Q&A
How does the creator aim to make money and what is their emphasis on?
The creator aims to make money by sharing knowledge and tools for starting a successful agency and selling software. They emphasize the importance of personal branding, audience feedback for product development, and using data from the market for success.
What is the main focus of building a successful AI agency?
The main focus is on building a successful AI agency to understand the market needs and build products based on actual demand, with a focus on creating successful SaaS products. There is a strong alignment of incentives to create successful AI automation agency owners as they will be the users of the software products.
What crucial support does Morning Side AI offer for businesses in the AI space?
Morning Side AI provides tools and expertise for AI agency, education, and consulting businesses. It offers credibility, authority, and cash flow, essential for success in the field of AI. Without it, businesses may face limitations in charging for educational programs or gaining trust for consulting services.
How is the development of new tools within Morning Side Ventures funded?
The company is developing new tools within Morning Side Ventures, including Morning Side AI and education, without seeking VC funding due to concerns about control. The generated revenue from existing businesses will fund the development of these tools to better serve their market.
What products and services are offered by Morning Side AI?
Morning Side AI offers a range of products including education and coaching tools, consulting services, and software tools. These are provided under its AI division, Consulting division, and Ventures division, aiming to cater to entrepreneurs, business owners, and education businesses.
What are the three divisions involved in the strategy for earning $100 million in the AI space within 5 years?
The three divisions involved in the strategy are morning side AI, morning side education, and morning side ventures. These divisions aim to transition from custom AI development to an AI automation agency focused on education and coaching businesses.
- 00:00 In this video, Liam Oley shares the strategy for earning $100 million in the AI space within 5 years. The strategy involves three divisions: morning side AI, morning side education, and morning side ventures. They aim to transition from custom AI development to an AI automation agency focused on education and coaching businesses.
- 02:05 Morning Side AI offers various products including education and coaching tools, consulting services, and software tools under its AI division, Consulting division, and Ventures division. It aims to cater to entrepreneurs, business owners, and education businesses to provide valuable and scalable solutions.
- 04:06 The company is developing new tools within Morning Side Ventures, including Morning Side Ai and education, without seeking VC funding due to concerns about control. The generated revenue from existing businesses will fund the development of these tools to better serve their market.
- 06:02 Morning Side AI provides tools and expertise for AI agency, education, and consulting businesses. It offers credibility, authority, and cash flow, essential for success in the field of AI. Without it, businesses may face limitations in charging for educational programs or gaining trust for consulting services.
- 07:56 The main focus is on building a successful AI agency to understand the market needs and build products based on actual demand, with a focus on creating successful SaaS products. There is a strong alignment of incentives to create successful AI automation agency owners as they will be the users of the software products.
- 09:42 The creator aims to make money by sharing knowledge and tools for starting a successful agency and selling software. They emphasize the importance of personal branding and audience feedback for product development. Using data from the market is crucial for success.