Making $2,949 with AI Music Royalties

0:28Hi, Uncle Lazer here. In Austin, March 15th through the 21st, South by Southwest is the only place where the most unexpected opportunities are always expected. Where big ideas and creative professionals collide. Visit sxsw.com to learn more. Welcome to the podcast. Today we have a really interesting side hustle brought to you by one of our favorites over on YouTube. And before we get into that, I wanted to mention that every single week, Jamie and I record a bonus piece of content over on our school community where we break down how we're growing and scaling our businesses with AI. Just today, I made a whole post over there and we recorded an entire tutorial breakthrough on the state of AI and music generation.

1:13This month, I made$2 ,900 from music royalties, completely passively from a catalog of albums I put out in the past. A lot of it is either AI generated or AI assisted in coming up with it. So we have tutorials and an entire course on our school community on how to actually create a catalog of AI generated music that makes you passive income. And today we had a big update on that. So if you want to go check it out, go join our school community. There is a link in the description. All right, Jamie, tell us what you're seeing today's latest side hustle. Yeah, so this whole I think this whole idea is fascinating.

1:49So Chris Corner has a video basically how he's going to clone a$200 ,000 a month business in five minutes. That's like his hook for this episode. If you're watching on video, I'll share my screen to show you this video. But basically, his idea is to take something like Go High Level, which is a CRM. It's a very robust CRM. I'm actually going to show that up because actually my screen's not letting me share it now. So Jane will have to take that over. But anyways, so Go High Level is a very robust CRM that many, many thousands of businesses use each and every day. And so basically his idea is to white label Go High Level, which is basically means you can come up with your own branding for it and customize CRMs for different businesses.

2:48And so his theory is that even though this software exists, GoHighLevel, and it's very robust, a lot of people aren't using it yet. And so you're basically doing sales for GoHighLevel and marking it up with your own margins. So why I like this side hustle is because I have spent many hours on Claude developing my own CRMs, my own different tools and things like that. They already exist though, and probably in a better form by these companies with billions of dollars in budgeting to develop these things. So there's basically whatever I can come up with in my own head already exists, but it's even better already.

3:31So if you want to grow a business and sell digital services, Sometimes it's easier just to take something like go high level, white label it, and then sell it to other businesses. So Jaden, what are your thoughts on this? I think this is a great idea. So and the concept isn't just, I would say, for this CRM idea, which I've heard other people talk about before. I'm impressed by some of the revenue numbers he showed in his video. But the concept is like, take something that's a winning business generally, and then make it for a small target niche to the point where I saw a bunch of posts over on X recently where they were saying the number one way to like guarantee you have a successful app is go look at the Apple App Store top charts in any industry, right?

4:16Like productivity or travel or something. Look at the top charts. And what they were saying, what this one person in particular was saying was make just basically clone their app with like cloud code, but just say for women. So it would be like travel planner for women or like Bible study app for women. And there was like showing the numbers on a sensor tower, which does like kind of app downloads and app revenue of some of these like for women apps, which were just clones or like the same thing as like a regular app, but they would say for women, they might have like a couple extra little features, like maybe a travel planner would be like, you know, safe city score for like women or something like that, or for the Bible one, honestly, the for women Bible study, it was just like, the logo was pink.

5:01And like, there's like, it was like a little prettier or whatever. But like, sometimes just finding like a specific niche or an angle that you can go deeper on for something that's popular. If I if it's, you know, it's like an app that's like, hey, this is, you know, a marketing app for roofers, and I'm a roofing company. I'm like, well, I don't want a general marketing app or a general, you know, I don't want like a general SEO package, I want a roofer SEO package because obviously those people know exactly what I need and they can get something custom for me. So when it comes to CRM, same strategy, but I think this can be applied in a lot of different businesses and industries.

5:33And yeah, I've seen the four women work really well for apps. But on the CRM level, yeah, a lot of people are doing roofing CRM. And because, to be fair, there are different little features, right? It's like dentists need these specific ways to schedule their customers or to follow up or these specific things. And maybe you can build in, you know, like, let's say you have a dental CRM. It's like, maybe you can build in, here's like the most common follow up messages dentists give about your six month or your one year appointment updates or like rescheduling or hey, we haven't seen you in a while or like, hey, we have a cleaning discount.

6:08And then here's like five ads that we've created for you that you can use. And like, it doesn't matter if a dentist in Denver is using the same like Facebook ad image as a dentist in California, it's going to convert the same. People are going to use it the same. But a dentist is a local business, kind of, right? And so instead of... If it was a software that applied to everyone in the whole world, they could advertise to the whole world. But for something like a lot of these local businesses, the ads, the updates, the features, they can use it locally in a thousand different locations and it's going to work just as well.

6:44I'm actually getting more and more excited about this as we talk because I'm thinking through, you had mentioned ads and I'm like, well, we've talked recently on episodes about how Facebook ads are so specific now with the copy. You can target children's dentists in Raleigh, North Carolina, and you could make a CRM with Go High Level, like a white label of CRM for children's dentists in Raleigh and customize it very specific to match your ad. Yes. So you could really get really specialized in your targeting. So I think that's really a pretty big unlock because what's going to separate, what's going to make someone choose your CRM over, you know, go high, go high levels, you know, standard one or anything is the customization.

7:35So, um, I think that's a very fascinating idea. Uh, in Chris's video he talks about like rental businesses like um inflatables um so that's like his one of his niches he he talks about um there's a whole bunch of them but um do you think this is realistic jane or am i getting too excited like do you think if you could especially use some something like claude to plug into facebook's mcp to run ads very customized could you then also in theory make super custom crms very easily yeah and i think the cool thing that go high level does is they let you white label it. It's like the biggest, most powerful CRM.

8:13And then they let you white label on top of it. And so I think it's a smart idea. You get all of the features, all of the power, but all of a sudden it's like you're the one known for customizing it and in that specific industry. So yeah, at the end of the day, I think that it's a pretty good business. And then another thing that's crazy about CRMs is because it's a B2B software, generally it's quite expensive. So you can build in a lot of margin for yourself. So, you know, it's not uncommon for CRMs to be several hundred dollars a month. So if you can add an extra, say, 100 to 200 a month for yourself, just white labeling and customizing it, that's going to add up pretty quick to some pretty big numbers.

9:00and so while his Chris's video title of the video is a$200 ,000 a month that seems really insane but really that would be you know not that many customers if you could get good at running Facebook ads so. 100 % and and like again I think the reason why like you could go and try to recreate Go High Level on with Claude and kind of like clone them and stuff but I think that they do have like a really awesome for agencies they have a really awesome white label program like it's something that they they produce they actually help you if you're trying to like make a white labeled app and get it on the app store they help you do that they allow you custom branding so like logos colors fonts all that kind of stuff they have built-in tools like sms messaging and all of that can be run from like their hub they've done all of the work of making the back end work really well, you're just putting a new skin on it and then saying like, it's, you know, the best CRM for doctors in Detroit.

10:03And all of a sudden, you get them all signed up on kind of this like really custom thing. And you have your own custom app in the app store, like it really feels like you made this custom thing, but you get piggyback on a lot of their tech. If you're really hardcore, maybe you'd recreate the whole thing. But I think that this is probably the best way to go. Because they have all of these integrations, everything's ready to go, everything already works. And people feel like it has like a lot of high value. Like you mentioned, you have high prices. People are used to, I remember my first company I worked for out of college, they were paying$60 ,000 a year for HubSpot CRM.

10:35And I just remember being like, oh my gosh, that's like so much money. Like, you know, that's like somebody's salary just for a software. And of course, software can be really expensive, especially for enterprise, but people are used to these CRMs costing a lot of money. Yeah. So, and then really at that point, you're just doing sales and marketing, which that's what I enjoy doing. And so I could see that fitting my skill set. I like the side hustle. I was prepared to bash it or to talk about why it's not a good idea. But I think if you could find the right niches, right industries, you could really crush it.

11:06So anyways, I hope you enjoyed listening to this episode. If you would leave us a rating or review wherever you're listening, we'd love that. We read every single one. We're trying to get to 200 reviews. And then again, check out our AI Hustle school community if you want to learn how to use some of these tools to actually generate income for yourself online and grow your business. Thanks for watching and we'll see you next time.

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