The Power of AI: A New Era of Business

26:57So based on all of that that you completed so far, create a table of contents for a book designed to identify and discuss each of them and it's going to be called this. It says, no problem, here you go. Here's your table of contents. Fantastic. Now I've got that, I'm going to say, write, and I'll tell you how to calculate the word number here in a minute, write a thousand plus word introduction for the above book whenever possible. Use stories, anecdotes, examples, and statistics to make it practical, authoritative, and interesting. Write me a good book. Okay? So first it's going to start because there's limitations in how much currently you can get back from ChatGPT.

27:35You can get more in Playground if you guys know about the API key and all that, but it's still not enough to write a whole book. So we have to have it do it section by section, chapter by chapter. So I ask it to do the intro first. I pick a number of words based on how long I want the book to be. I'll show you how to calculate that in a second. And then it writes me a wonderful intro, okay? And then I keep on asking it to write chapter one, chapter two, chapter three, based on the table of contents that it gave me. And if we get time, I'll show you at the end how to automate all this, okay? So now it's writing the book for me, and if it's, if the chapter is too short, just say continue, and it will just keep writing, okay?

28:17But it should give you the number of words that you ask for. To identify the parts of it that sound like they came from AI, and then rewrite those so that you have a less AI sounding book. But I will tell you, I'll tell you this is very helpful to do, but if you can't and you don't have time, just try it. Just try doing any of this stuff, right? Pick one of these things and try it. Okay, so Quillbot is free. Grammarly costs a little bit of money. Originality costs a little bit of money. That's kind of what it looks like as you go through. At the end of your book is your opportunity to sell. So now you've provided huge value because they've got a book that's got all of the answers they want to all their biggest problems.

28:59They've skipped through the ones they don't care about. They've read the few that they do. Now they look at the end. Have a resources page. What do you want them to do next? For me, I want them to sell me their company. You might want them to buy your product or your service. So have a resources page that offers whatever that is and offers them more information if they go online. When they go online, you can pixel them as a pixeled audience. You can ask them to opt in if you want to. You can build based on the pixeled audience. Now you've got a list of book buyers, right? Now you can say, build me a lookalike list of people that are like these people that bought my book.

29:37And you can continue to market to them as long as they stay pixeled, or if you capture their email, you're creating an email list. It's very, very effective. So for me, in the back of our book, it says effectively, apply to work with us. We buy companies like yours, apply to work with us. We buy and partner. So that helps us generate leads. And then you format your book for Kindle. I recommend that you do not do this yourself. Kindle provides free software to do it. I say skip all that and hire somebody from Fiverr to do it for 20 or 30 bucks, okay? So I'm going to skip the how to do it. But basically, if you used all three of those services, you're talking about less than$70 for a month, and you could write 100 books in a month.

30:21You don't need to subscribe to these. To me, subscribe for a month and then cancel it. But subscribe when you've got your team or you are ready to write as many of the books as you think you might want to write. Okay? And then do audiobooks, right? So you can also create unlimited audiobooks. And just like I was talking about some people, how many of you are audiobook-only people? Okay? How many of you are mostly audiobook people? Okay? And then how many of you are just Kindle or paperback people? Different people, different markets, you've got to reach them all. So this allows you now to take what you've created and reach that market that so many, I get frustrated when I find a book that's not available electronically because I don't want to carry them around.

31:06Then I get frustrated if it's only in Kindle and I can't listen to it because I got a lot better chance of listening to it While I'm doing 20 other things than I do of reading it as a Kindle, right? So you miss me as a market and a lot of the people here that raise their hands as audio only If you only have it in one format You want to reach your customer and your prospect in as many places as you can So let AI do that for you. So again using 11 labs voice clone We cloned we cloned my voice and then created the audiobook version of this. Also, in the book that I just wrote with Jay Abraham that we launched last week, I used only AI, and again, it wasn't me.

31:45We had to get the audiobook done. The final version of the book wasn't done until like a week before the launch happened. The process at Amazon is about two weeks plus to get an audiobook approved, at least it is for us, and then we had to go find somebody to do it. I didn't have all of the time that it was going to take to read the thing because it's 448 pages. I didn't actually relish the thought of reading it either. So rather than do that or pay the person that quoted us$6 ,000 to get it done in a couple of weeks that was also too long, I just had our team do it using AI. So we basically fed the book in to 11 labs, had it clone, had it use my voice clone to read the book.

32:29So if you want to hear a completely 100 % AI generated book that's 448 pages long and it's pretty decent, it's got a couple of mistakes, but I've listened to about half of it so far myself and it's pretty good. It's pretty good. And again, it's to me about getting out the valuable stuff and people obviously like it because it's getting positive reviews. I think, does this play it? Forward by Tony Robbins. What causes someone to become an entrepreneur? For me, it was a painful upbringing. I grew up, so I thought about cloning Tony's voice, and I was like, he might get upset with me if I have him do it.

33:05But he wrote the intro for us. So that whole audio book then was able to be done within a couple of days. Because we did have to listen to it to be sure that it sounded good. Oh, and how much did it cost? It cost basically$100 for 11 labs for 10 hours of audio transcription at that level. I had to sign up for the$99 thing. and then Fiverr, the people, charges$30 to turn it into the Amazon-friendly format, which is ACX. But you can also get a program called Audacity and do it yourself. But again, to me, it's how valuable is your time? If you could get 10 of these out instead of one, then get the 10 out.

33:46Don't spend the time on the small stuff, okay? Buy back your time. Also, newsletters are super, super hot right now. I get a ton of content from newsletters. How many of you guys subscribe to any newsletters? How many of you read them also? Okay, half the people that subscribe read. I get it, I get it, right? But again, there are newsletter customers, and there are book customers, and there are podcast customers. Give it to them in the format that they want. How do you be everywhere all at once? Use AI. So here we're using Google Sheets, we're using Zapier, ChatGPT, and a platform called Ghost.

34:23Ghost is a newsletter and blogging platform. You can use different ones. We picked it because it integrated with Zapier. Our newsletters generally go out on Beehive, the ones that I write, but the ones that we're doing by AI can go out on other services too. So what we do is we also use Canva, and I'll show you how that all works together. So basically, ChatGPT creates the base of a workflow in Zapier. So you can ask ChatGPT to give you the workflow to accomplish something you want to accomplish using Zapier. And because it's now recently enabled again with access to the internet, you can actually have it give you one that's completely up to date.

35:08So I had it give me that, and basically it's a process of connecting Google Sheets using Zapier. And I'm not going to go, again, if I had more time, I would happily do it. But it's connect these things to each other, and then you have a Google Sheet that gets created and added to by ChatGPT through automated queries that happen as a result of the Zap and the prompt that you create. And then it does two paths. I'm going to get to the paths. Two paths. So you can have Zapier do more than one thing at a time. So we have it run path A to create emails, and we have path B to create blogs. And that's the same thing.

35:54The email is newsletter. So it's doing two completely separate paths, but off of the same data with half the effort. How can you be more productive? How can you hire fewer people? How can you get more out of your day or out of the days of your team? It's stuff like this, okay? So how we do it, basically you input titles that you get from ChatGPT. Give me a bunch of titles for newsletter articles. Give me a bunch of titles for blog posts. They can be the same, right? That's what we're doing. Then that you basically, those titles are in a Google sheet. Zapier sends them to ChatGPT with a prompt to write an article or a newsletter article or a blog post from them.

36:36And the result is perfectly formatted posts and emails that you can simply either copy and paste, but let's not do that. Let's integrate ChatGPT using Zapier and Google Sheets to the program that's going to send these out or post them. In our case, it's Ghost, and then we don't have to do anything. It's all happening behind the scenes instantaneously. You put this together one time, and it will generate as much content as you want, right? So, and I'm going to skip some of this because I want to show you. This is the Zap. So if you want to take your camera, don't take a picture of this. Focus your camera on that QR code, and then click the link, and then save that for later.

37:23Because that will take you to our Zap that we use to do this, okay? So that, rather than telling you how to do it, I'd rather just give it to you, okay? So again, relatively inexpensive to do this. And it takes us about 30 minutes, but we end up, and I'm going to skip through Beehive because it's just showing you the same thing. We end up with a year of content done in a single day. So here's something that's cool. A lot of you, I think 40 % or so of you guys are coaches and consultants, right? So if you want to be amazing, do this stuff for your clients. But think about being able to create for clients or your own business 365 days.

38:06You instantly have a content calendar. You instantly have a content calendar. You instantly have a newsletter. You instantly have a blog. That's pretty amazing. So for me, for the company that I have that's got nine different products, we created 365 emails cross-promoting and cross-educating about all nine of our products. and they didn't have a newsletter before. And now we've got 30 ,000 people on our newsletter list that we didn't have before that are buying stuff from us through a new way, right? And you could go on and on and create more and more using this. But to me, like that use case is kind of crazy.

38:46Automated social media content. So again, using all of the different AI tools, we'll basically go to Twitter, download Twitter content, run it through ChatGPT, put it into a Canva interface, and have it create a video. How do we do that? The easiest thing, like creating Instagram Reels, I have 10 minutes left, so I'm trying to decide exactly what to share with you. You can search for a tweet template, and then go to apps in Canva, this is in Canva, and then click bulk create. So basically, you copy and paste from ChatGPT or all the questions you've got, or ChatGPT will create a CSV, a comma-separated value file, of what you need that you can then just upload to Canva.

39:31But what's cool about it is it will generate the pages, and in this case, it was 51 pieces of content that came in the form of video. So I got 51 reels. I've got 51 YouTube shorts, 51 Instagram reels, 51 LinkedIn posts, 51 snaps, 51, et cetera, et cetera, right? From one thing that I didn't have to do anything to generate times hundreds of questions. How do people create 70, 100, 200 pieces of content a week? That's one way. Or you could spend an extra 100 grand a month to have a team doing it. Which do you want? And it's pretty good. And I'll show you how to do it even faster in a second. Hey, Roland.

40:15Yeah. Is anybody going to be totally upset if Roland goes over like 15 minutes and covers all this? So one person, okay, so y 'all are upset? Okay. Let's give the man an extra 15, and if he needs more, then we'll just keep going. Okay. Screw it. All right. So quizzes. I was mentioning before, quizzes are super, super hot. It's a great way to do things. We had been meaning to do them ever since Ryan Levesque released his program, Ask, like 1 ,000 years ago. But we didn't because it was like, I've got to get around that quiz thing, that quiz thing, we're going to do it, right? So now what you can do is basically go to ChatGPT, have it create a bunch of quizzes.

40:54Just ask ChatGPT. The prompt here was really simple. It just says, create me 10 quizzes around business. So it could be very generic. It could be around whatever it is your product or service is. Can you mute me for one half second?

41:11You're welcome. And it will create whatever you want. So your product or service, create me 10 quiz questions. OK? Then choose a template in Canva. Then select the one that you like. Connect your CSV from before. So the CSV is all of the questions. Go to Apps, click bulk create, and you will have all of the quizzes that you ever wanted. It's really, really cool. So that's how you do it. The next thing I want to share with you is, and it's pretty inexpensive, video shorts content. So how can you create more videos from the videos that you're already doing? How many of you are already creating longer form videos on YouTube or any other platform?

42:00Okay, great, cool. So now what you can do is those videos that you're creating long form, and I'll show you how to create long form videos automatically in a minute, is you can use one of these three programs. So, GetMunch and Opus and Video are the three most popular. We split tested them for you. And I got to tell you, we used the same video and ran it through all three systems. Signed up for all three of them, wanted to see which one was best and which one made the most sense. And interestingly enough, Munch, which is cool, Munch is sexy because Munch says, hey, you upload your video and then we're gonna tell you what the search volume is for all the keywords that you mention in the video.

42:42And then we're gonna create shorts around the ones that are the most popular. That sounds really sexy, right? And it's expensive, but their videos suck. I'm gonna just tell you right out, right? Their videos, we didn't get a single useful video out of the 13-minute long form that we uploaded and it created a whole bunch of them. It didn't do jump cuts, the transcription was meh. It picked terrible things to do. It wasn't good. Unless you're an accountant or a very sophisticated buyer who knows how to read and what the importance is of all of the lines. It automatically chopped up, edited, and put the little captions at the bottom.

43:22But it wasn't really good. We then did the same thing with video, which has a pretty good editor, but again, created so-so content. Hey, Roland Frazier here. And today we are talking about what are the, wasn't super happy with that. Opus actually was great. And again, I have no affiliate or interest in any of these guys. It's just sharing. But Opus is much more limited, but it actually creates really good things. So it generated 15 clips for me, and it gives you a confidence score. So it can tell you, you know, we're confident this one's really good. And the result was, I liked the editing that it did.

43:58What? Let me go back and get it. I'll make it happen. So what I like to do is I like to be clear on what is an... So what it did is it created some of the cool little icons and things like that. I really, I think it did a great job. What's cool is price-wise, it's the least expensive one. So$49 a month for Munch,$0 to$299 for video, and up to$19 US dollars for Opus. So really, really like that. You can also create short and long-form content using services like InVideo. InVideo creates long-form videos for YouTube or whatever you want based on what you put in. So you can say, make me a video about how to ride horses better, and it will do that.

44:48You can say, make me a video about how to tack when riding a horse. It will do that. So whatever your product or service is, whatever the needs are, whatever your customers are saying, they want more information about, you can put in and automatically not have to do anything to create a video. You don't have to be in it at all. And it creates really good videos. So basically you do the prompt and I think I've got the example in here. There we go. It should play. Picture this. A wave of baby boomers is retiring and with that comes the sale of their businesses. This creates an unprecedented opportunity for mergers and acquisitions.

45:23This isn't just a small wave, it's a tsunami. So all the jump cuts, all the footage, the captions, all of that done, I didn't do anything except create me a video about buying and selling businesses. That's pretty cool, and then you can feed that into the other programs to create shorts out of the long form.

45:43Virtual influencers is to me the next awesome place that things are going so that you can create videos by you without you being there. And that is, to me, a giant opportunity for productivity. There are also, of course, potential risks associated with it. Brask is one of the tools that we use to do this. I really like Brask. Brask will basically put your face or put another face over any model. So you could record a video, and let's say that you want to go into Asian markets, but you're not Asian, but you want to have an Asian person that's speaking or an Asian-looking person that's speaking, or a Hispanic person or a Middle Eastern person or whatever, then you can do that.

46:28So I am particularly fond of Evil Villain. Can you see if you can make, guys, the evil villain one play? The one with the not me with the beard? Move to the right. Give terms. No, stop that one. That's the Asian me. There you go. Give terms. Give terms. I want to sell this for a million dollars. How cool is that? What you can do then is you could have models, actors, people, if you wanted to, create the base by being the physical body that's there, and then you could put your face on theirs if you want. You can put other people's face. You can go into different markets. You can do that in different languages.

47:13If I want to do Chinese speaking Roland with a Chinese Roland, I can do that. Right? It's kind of cool. And also very, very nascent, right? It's very, very early on. You can also use this to run financial due diligence, but I'm going to just skip to the last one that I want to share with you. And for those of you in Founders Board, I'm going to go over the detail of this later in Founders Board. But let me get to this. You guys are going to like this. I'm pretty sure it's in here. I think it's at the very end. Let's see, this is Google Analytics. We use it to run Google Analytics recommendations.

47:52And it's really cool what you can do. It's just insane. But I'm trying to get to, and I hope this is the right one. We did this in the green room right before I came in here. We were waiting for the video to render. And this is using HeyGen. And so HeyGen, basically, you upload two to five minutes of video footage and then you film a consent video. I didn't have the time to steal Ryan's identity again this way so I actually asked him to let me do it and he did, which I thought was really nice. And then after about five minutes, this is not me. I never did any of this. It's totally created from video that was uploaded.

48:39Okay, so here's I don't even know what what he had me say. The coming years will create unprecedented opportunities for you to acquire businesses for no money out of pocket and reap enormous financial rewards. The thing we learned is my hands are kind of fidgety, but it's basically like I didn't do this. And it's a video of me talking about stuff that was fed in from a script through AI. So we did one in the green room with Ryan, and I thought it would be fun because I wrote a book. One of the books that I wrote automated-wise was random things when you're doing this stuff come into your head.

49:14For some reason, troll dolls came into my head. So let's see what Ryan, not really Ryan, AI Ryan has to say about troll dolls. Investing in troll dolls and becoming a troll doll collector offers a unique and potentially rewarding opportunity. These quirky, colorful figures hold a nostalgic charm that resonates with collectors of all ages.

49:37Pretty cool, right? Thank you. So my big ask for you is if you want more customers, you want processes, you want to hire more people or hire better or be more efficient and get more out of the people that you've got, use this to do that. I think it's absolutely amazing what you can do. And we're using it, as you can see, across all of our businesses. and it's really having an impact. And if you just pick one of these things, say that you decide you want to create an AI podcast or you want to do an AI version of you talking or whatever, but pick one and get with your team and maybe even before you leave here, say, we're going to go into this.

50:26We're going to have a podcast. We're going to write a book. Whatever that thing is that you've been putting off that was one of the things that we did here, AI can do it for you so much faster and let's say it's not better. Let's say it's just as good. Let's say it's 80 % to 90 % as good. It's still going to give you leverage. It's going to give you the ability to scale yourself like you never could before, even just a year ago. Right? Even just a year ago. Think about that. ChatGPT hasn't even been out for a year. That's kind of crazy. So take this, use it, and thank you guys very much, and I'll see you soon.

51:07hey roland frazier here if you're looking for a way to grow your business exponentially to get more customers and ultimately increase your wealth there's no faster way to do it than to acquire other businesses that already have the customers products services teams and media that you want if you want to double your sales just acquire a company that has the same sales as yours. It sounds simple, but far too many people end up starting new businesses that fail and forget that they could skip all the hard stuff and just acquire one that already exists. There's a reason why private equity firms, family offices, big companies like Apple, Google, and some of the smartest entrepreneurs on the planet do not start new businesses from scratch.

51:50They acquire already successful businesses. And when they do it, they instantly increase their sales, their profits. If they want market share, they increase that. They can get new products and services to offer all instantly. Hey, look, 90 % of new businesses fail. 90%. Why not acquire an already successful business and increase your chances of success by 900 %? What most people don't realize is you can acquire highly profitable businesses with no money out of your own pocket in pretty much any country in the world, regardless of your credit and without having to go find a bunch of investors or needing any experience.

52:26Look, I've been acquiring businesses for over 30 years now, and I cover the whole process in my Epic Investing Strategy Training, and I want to give it to you 100 % free. Just visit businesslunchpodcast.com forward slash epic to get your free access to my Epic Investing Training right now while it's available.

52:50Ever wonder how some people build real wealth through acquisitions while others just sit on the sidelines? Well, I'm here to tell you it's not about luck. It's about having the right system, the right deals, and the right guidance. And that's exactly what we give you in the Epic Deal Fast Track. If you've been thinking about buying a business, but you keep getting stuck, whether it's finding the right deal, structuring the financing, or negotiating with sellers, You are not alone. Too many people waste months, even years, just thinking about acquiring a business while the real opportunities pass them by.

53:24The Epic Deal Fast Track is not another course. It's actually an implementation program, and it's designed to get you from the idea to the acquisition in just 16 weeks or less. We work with you one-on-one to help you find, fund, and close your first or next deal. And once you do, we're going to plug you into our elite Epic Board community so that you can keep scaling through acquisitions. We install three powerful systems in your business. The first is the deal flow engine. So you always have high quality off market deals coming to you. Number two, we give you our offer and funding system so that you can structure offers that get accepted and fund them creatively many times with no money out of your own pocket.

54:07And number three, our closing and integration system so that you don't just buy a business, you actually successfully run and scale it once you have acquired it. Plus, you'll have direct one-on-one support from an Epic Deal advisor every step of the way. And that's people that have actually come up through the system and done these deals themselves. That's the only way to become an Epic Deal advisor. And if you're serious about acquiring a business this year, don't just sit on the sidelines. Just text I'm in to 334-458-9034 and we'll get you in. So text I'm in to 334-458-9034. We'll get you in.

54:44No fluff, no wasted time, just real deal making from people that are actually out there doing deals right now. I'll see you there.