How Do I Make Money Teaching Ai Automation?

TLDR Justin has shifted from earning $120k a year as a generalist to making $600 per month by specializing in ERP automation, and he aims to achieve $500k in annual net profit by creating a training program or certification priced around $3,000 to $6,000, leveraging past lead generation through video content.

Key Insights

Leverage Your Expertise in Automation

To maximize your income potential, focus on your specialized skills in automation for ERP systems, particularly order processing. This niche expertise enables you to stand out in a crowded market, allowing you to command higher prices for your services or products. By highlighting the unique value you provide, you can attract customers who are specifically looking for automation solutions. Continually improve your skills and stay updated on the latest advancements in automation to remain competitive.

Create Targeted Content to Attract the Right Audience

Revisit your content creation strategy by producing targeted videos that speak directly to business owners looking for automation solutions. Leverage your previous success in lead generation through video content to establish credibility and authority in your niche. Aim to create compelling, informative, and engaging videos that not only showcase your expertise but also address the pain points of your ideal clients. This approach will help you attract business owners rather than freelancers, ultimately leading to more lucrative opportunities.

Develop a Training Program for Automation Skills

Consider designing a training program or certification course focused on automation skills, priced between $3,000 to $6,000. This high-margin product not only provides immense value to participants but also positions you as a thought leader in the automation space. By offering memberships or course access, you can create a scalable revenue stream that contributes to your goal of generating $500,000 in net profit annually. Ensure that the content is high-quality, actionable, and relevant to your audience's needs.

Implement a Sales Funnel Strategy

Adopt a sales funnel strategy to effectively manage leads and convert them into paying customers. By guiding potential clients through a structured process—from awareness to decision-making—you can enhance your conversion rates and drive more sales. Utilize automated email marketing, webinars, or free resources to nurture leads and establish trust before pitching your high-value training or services. This systematic approach will help streamline your sales efforts and track performance metrics for continuous improvement.

Questions & Answers

What is Justin's current monthly income?

$600 a month

What is Justin's annual income before niching down?

$120,000 per year

What specific area does Justin specialize in?

Automation for ERP systems, particularly order processing

How did Justin primarily generate leads in the past?

Through videos he produced two years ago

What is Justin's goal for annual net profit?

$500,000 in net profit

What is one strategy suggested to help Justin achieve his financial goal?

Creating a training program or certification for automation skills

What price range was suggested for the memberships he could sell?

$3,000 to $6,000

What sales strategy was Justin encouraged to use?

A sales funnel strategy

What high-margin product concept was discussed during the conversation?

Selling to 100 people at $5,000 each to generate $500,000 a year

Summary of Timestamps

Justin opens up about his current earnings of $600 a month, a significant decline from his previous income of $120k per year. He's focused on automating ERP systems, particularly in order processing. This shift highlights the importance of specialization in a competitive market, allowing him to better leverage his skills.

He discusses how his initial lead generation stemmed from videos he created two years ago, which attracted freelancers instead of the intended business owners. This reflects the necessity of understanding one’s target audience, an aspect that Justin aims to refine by producing new content.

Justin shares his ambition to net $500k in profit annually, emphasizing that his goal isn't about building a sellable business but about monetizing his skills more effectively. This illustrates a common entrepreneurial mindset focused on personal financial goals rather than traditional business growth.

The conversation shifts to leveraging his expertise to create a training program or certification, with plans to sell memberships priced between $3,000 and $6,000. This strategic move aligns with the growing trend of online education and training, where professionals are monetizing their knowledge.

Discussion turns to the implementation of a sales funnel strategy to capitalize on lead generation, which plays a crucial role in converting interested prospects into paying customers. The consensus is to aim for selling a high-margin product that could lead to $500,000 yearly revenue, showcasing the effectiveness of targeted marketing.

Josh expresses gratitude for the collaborative brainstorming despite some audio challenges during the discussion. This recognition of teamwork underlines the value of collaboration in refining business strategies and optimizing outcomes.

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