This Simple AI & Automation System PRINTS Money

This Simple AI & Automation System PRINTS Money

The average person is often afraid of losing their job to AI or automation, but this article will help you adopt the mindset of an elite entrepreneur. By the end, you won't be scared of AI taking your job; instead, you'll realize that you can avoid doing tasks that AI can handle more efficiently. Here’s a guide on how you can leverage AI and automation to increase your hourly rate and achieve true financial freedom.

Calculating Your Hourly Rate

Whether you're paid hourly, have a salary, or run your own business, the calculation of your hourly rate is the same: divide the amount of money you earn by the amount of time it takes you to earn it. For example:

• Hourly worker making $ 25/hour at 2,000 hours/year = $ 50,000/year
• Salaried worker making $ 100,000/year at 40-hour work weeks = $ 48/hour
• Entrepreneur making $ 250,000/year at 60-hour work weeks = $ 80/hour

To achieve financial freedom, you need to manipulate this formula. Either increase the money you earn in the same amount of time or decrease the amount of time it takes you to make the same money. Ideally, you should aim to do both.

Step 1: Automate Daily Repetitive Tasks

Automate the repetitive tasks you perform daily to free up time and increase your hourly rate. For instance, I used a platform called Instantly to send thousands of emails to potential clients and to mark their responses as interested or not interested.

The magic happens when platforms interact with each other automatically. For example, when Instantly marks a reply as not interested, an automation via Zapier updates the status in Pipe Drive, my Customer Relationship Management (CRM) tool. This simple setup saves time and increases productivity.

Think about tasks that run your life or business and what platforms you use. Use automation tools like Zapier to keep these tasks connected and synchronized.

Step 2: Leverage AI for More Complex Tasks

Automations handle simple, repetitive tasks, while AI handles more complex ones requiring some level of thinking or organizing. For those who write often, Custom GPTs in tools like ChatGPT enhance productivity. Custom GPTs allow you to train the AI with specific information about your business and its content strategy, making it an invaluable writing assistant.

For example, by uploading my content and business details to a Custom GPT, I receive tailored, high-quality suggestions, reducing the time I spend crafting content from scratch.

Step 3: Involve Others in Your Business

To both increase your income and decrease the time spent on tasks, consider hiring others. My first two hires were a video editor and an assistant from the Philippines. Effective training is crucial, and tools like Loom.com are excellent for this purpose. Record your screen and webcam to create training materials and store these in a knowledge hub.

When you create a new task tutorial, use the transcripts from Loom videos and convert them into step-by-step checklists using AI tools like ChatGPT. This method ensures comprehensive training and efficient task execution by your hires.

Step 4: Automate Client Testimonials

Client testimonials are invaluable for acquiring new customers. Automate the process of requesting and displaying testimonials. For instance, use a platform like Testimonial.to to automatically request testimonials via email at strategic points in the customer journey and display them on your website.

Keywords

• AI
• Automation
• Hourly Rate
• Financial Freedom
• Instantly
• Pipe Drive
• Zapier
• Custom GPTs
• Loom.com
• Testimonial.to
• Productivity

FAQ

Q: What is the first step in leveraging AI and automation?
A: The first step is to automate your daily repetitive tasks using platforms that can interact with each other automatically.

Q: How can I make my writing more efficient with AI?
A: Use Custom GPTs to train the AI with your specific business details and content strategy for tailored, high-quality writing assistance.

Q: Why should I consider hiring others to help in my business?
A: Hiring others can help you both increase your income and decrease the time you spend on tasks, allowing you to focus on more strategic activities.

Q: How can I effectively train new hires?
A: Use tools like Loom.com to record video tutorials and organize these in a knowledge hub, supplemented with step-by-step checklists generated by AI.

Q: What’s an effective way to request client testimonials?
A: Use a platform like Testimonial.to to automate the email requests and display testimonials on your website, leveraging automation for efficiency.

Feel free to reach out if you want more detailed guidance or personalized advice on implementing AI and automation in your life and business.