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- A Better Lemonade Stand #296
A Better Lemonade Stand #296
Insights, trends & tools to build a better online business.
I havenโt given up on my dream of becoming a viral AI rapper.
But letโs be honest - even with AI, the odds are stacked against me.
The good news is there's a bigger and more accessible opportunity: AI Wrappers.
AI Wrappers are revolutionizing how businesses and individuals work with artificial intelligence.
In this edition, we'll explore the immense opportunities AI Wrappers present for entrepreneurs and businesses looking to tap into the AI market. We'll cover their key benefits, from lowering entry barriers to generating substantial income without large teams and, sometimes, on autopilot.
I'll share some fascinating examples of successful AI Wrapper projects, like Pieter Levels' photo avatar tool ($55,000/month) and David Bressler's Formula Bot ($300,000/year).
We'll also discuss the latest trends, including integrating AI Wrappers with existing platforms and their growing popularity in B2B solutions for small businesses and solopreneurs.
Here are all the highlights this week:
๐ AI Wrappers: Tap into the explosive AI wrappers trend and make $100k MRR apps with zero coding knowledge.
๐ Rapid Newsletter Growth: Louis Nicholls' playbook for hitting 5k subs in 48 hours.
๐ก Focus On High-Leverage Tasks: Dan Koe's blueprint for focusing on high-impact digital tasks and generating passive income.
๐บ AI TV Shows: Create your own AI-generated animated TV series from your bedroom.
Until next week, ๐๐ผ
Richard Lazazzera
๐ค Sponsor
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๐ Trends
๐ Unlock Massive Profits with AI Wrappers
AI Wrappers are blowing up right now. They serve as an interface or middleware that simplifies the interaction with complex AI models. You can think of them as tools that send info to an AIโs API and, in return, give you the output based on the instruction.
Market Demand
Accessibility: Wrappers lower the entry barrier for businesses wanting to create a project without significant investments in AI expertise or coding knowledge.
Monetization: Many AI wrappers operate on a subscription model. This ensures ongoing revenue and makes it accessible to a broader audience.
Revenue Potential: AI wrappers have proven to have the ability to generate significant revenue. Here are some examples of wrappers without a large team involved:
Pieter Levels' photo avatar project, which makes $55,000 per month.
David Bressler's Formula Bot, which generates $300,000 per year.
Damon Chen's PDF AI made $100,000 monthly within five months of launch.
Current Trends and Shifts
Integration with Existing Platforms: AI wrappers are increasingly embedded within existing software solutions to enhance functionality. For example, integrating an AI-driven recommendation engine within an e-commerce platform helps personalize the shopping experience.
Personalization and Automation: AI wrappers enable high levels of personalization and automation in content creation and customer engagement to increase user experiences and operational efficiencies.
Target Audience: AI wrappers have particularly been popular for B2B solutions for small businesses, solopreneurs, and startups looking to solve their pain points and get new ideas, such as marketing ideas or cold email script generators.
Recommendations
Skills Fit: Skills in building with no-code tools such as Bubble are needed to create a powerful AI wrapper without requiring coding knowledge.
Take this AI Wrapper Course: Dan Kulkov and Sveta successfully created AI Marketing Tools that generate $14,672 a month without employees. They use their paid solution as an upsell on free AI wrappers to expand their paid AI wrapperโs customer base. They offer an AI wrapper course that teaches you how to create an AI tool to boost your main project leads through SEO on autopilot.
Niche Project Ideas
1/ AI-Powered Marketing Automation
Target Audience: Niche E-commerce stores and digital marketers.
Problem/Desire: Personalized content marketing campaigns.
Example: Jasper AI, a content generation tool that helps marketers create personalized copy efficiently.
Products/Services: Subscription-based AI marketing tool that gives them personalized content generation.
Profitability: High demand for AI in content marketing ensures a profitable niche with moderate competition.
2/ Virtual Customer Assistants
Target Audience: SMEs needing customer service automation.
Problem/Desire: Providing 24/7 customer support without scaling human resources.
Example: Zendesk for conversational AI solutions.
Products/Services: AI customer support chatbots, automated inquiry handling systems.
Profitability: The scalability and operational cost savings make it a profitable and growing niche.
Many programmers have a distaste for wrappers, but the reality is that end customers are more concerned about what solves their problem than the underlying technology used to solve it.
AI wrappers present an excellent opportunity for solopreneurs to enter the thriving AI market without developing complex apps that require a lot of funding. You can quickly build a pain-killing project by focusing on niche markets and leveraging emerging trends.
๐ก Insights
๐ Gain 5,000 Newsletter Subscribers in 48 Hours
Louis Nicholls shares his unique five-step playbook for launching a killer newsletter and gaining over 5,000 subscribers in just two days. (Itโs not another generic growth strategy.)
Shareable Lead Magnet: Louis created a website with 300 newsletter landing page examples with conversion rate results as a clever lead magnet, compelling enough to share with top creators and for users to exchange their email addresses for access.
SparkLoop Recommendations: He used his SparkLoop recommendations system, which allowed his 12 partnered creators to recommend each otherโs newsletters, ensuring a mutual growth loop with newsletters with a large audience
Thoughts: This is the perfect win-win approach because anyone can do this without a large audience. He put in the work, devised a game plan (with examples of his outreach method), executed it, and delivered it. Brave Louis. ๐
๐ก Transform Your Life in 1 Year
Dan Koe challenges the traditional work grind with insights that can radically change your work life to 1 hour per day.
Leverage and Skill: Focus your efforts on high-level impact work. Prioritize what you do, not how long you do it.
The Path of Digital Wealth: Create digital goods with little to no replication cost and utilize organic social media to build your tribe and gather passive business leads.
Thoughts: Itโs not about hard work; itโs about smart, focused efforts that align with modern digital opportunities. Especially possible for 1-person businesses now with AI.
๐ค Opportunities
๐บ Create Your AI-Generated TV Shows
Yes, you read that right. Soon, you can create your animated TV shows with Showrunner โThe Netflix of AI.โ Think of South Park, Rick & Morty, or any anime-style content.
Hollywood Interest: After the success of South Park episodes, major studios are exploring interactive TV shows in which fans create episodes and share revenue with original creators.
Style of Content: An interesting question is around the idea of when will we be able to create a โlive-action Hollywood style movie from our bedroomโ. The founder answered this by saying, โItโs gonna be a while for AI to get to live action - might be false starts like that Final Fantasy movie in the 2000s, but itโll be cartoons for AI for a while, we think."
Thoughts: Check out this thread for a quick update and get some real-world examples. As expected, there is also a lot of hate from creators in the comment section, taking jobs from Animators, writers, and voice actors, essentially living in a โBlack Mirrorโ scenario.
๐ Segment With Surveys for Personalized Marketing
This new course is designed to optimize your email marketing strategies by helping you better understand your email audience through surveys and advanced segmentation techniques.
Unlock Personalization: Grab audience insights beyond basic contact info and utilize segmentation for relevant sales emails.
Conversion Tactics: Craft emails that your audience wants to read. Direct the right eyes to your offers, increasing CTR and replies.
Thoughts: Segmentation is more than a strategy; it's a tool that elevates your email marketing to unprecedented personalization and effectiveness for your projects.
๐งฐ Apps & Tools
๐ Roborabbit: An AI-powered tool for effortless web scraping and browser automation. Drag and drop to build tasks, integrate with over 5,000 apps, and extract data in seconds for your business.
๐ Atlas: There is a lot of opportunity here for someone with a product or business idea around mapping. Seems like a really flexible platform to create and share custom maps.
๐๏ธ Linkz: Shows rich external and internal link previews on your site to maximize site retention and reduce bounce rates.
๐ป Invisibility: Your ChatGPT replacement for Mac that integrates GPT-4, Claude 3, Gemini, and Llama 3 under one subscription.
๐ง MyMemo: This is a Second Brain, but their MemoCast is an interesting feature that will turn all your content into a Podcast.
๐ค Product Updates
๐ฑ Grow Your Newsletter with Beehiiv's Enhanced Referral Program
Beehiiv's latest product update revolutionizes how newsletter creators can expand their readership: The revamped Referral Program is designed to help your newsletter grow effortlessly.
Referral Program Upgrade: You can create custom milestones, experience automatic notifications, track rewards seamlessly, and provide readers with digital rewards for spreading the word.
Partner Program Improvements: The new app layout makes it quick to access the most important features, and recommending Beehiiv generates substantial affiliate income.
Thoughts: The new โdigitalโ reward option has made referral programs much more useful and easier to implement as part of your referral program strategy. Strangely, they started with Physical rewards and coupons first.
๐ Your GPTs Now Have MASSIVE Reach
ChatGPT's GPT Store is making waves by extending the reach of your GPT to over 100 million active users through its free tier.
Exposure for Creators: Your GPT creation can now be used by ChatGPT's entire user base of 100 million weekly active users. It has also transitioned to the superior GPT-4o model for enhanced performance.
Subscription Decisions: With the broadened access, some users contemplate moving to the free tier. However, maintaining the paid plan avoids usage limits, with access to the newest updates and premium features. Many people mention that something great is coming soon for paid users.
Thoughts: GPTโs are a basic AI wrapper, so itโs easy to get started with making your first AI wrapper app/tool to start exploring this trend and opportunity more.
๐จ Leonardo AI Unveils Advanced Image Guidance Features
Leonardo AI introduces new Image Guidance features, enhancing user control over image generation with tools like Style Reference, Content Reference, and Character Reference.
Enhanced Control: Users can now fine-tune images using various modes, such as Depth, Edge, Sketch, and more. They can also upload up to four reference images simultaneously.
New UI and Tools: The updated interface makes it easier to manage Image Guidance options, improving the user experience when generating precise, high-quality images.
Thoughts: These advancements allow you to create more accurate images and produce consistent characters across different environments that you could use for consistent, brand-focused advertising opportunities.
๐๏ธ Everything Else
๐ ElevenLabs New Sound Effects
Now, you can turn text into sound effects. This is a great addition to making audio more exciting without much work. You can play around with the tester on the site. (๐Link)
๐ง Secrets to Building a Large Audience
Tyler O'Shea shares his journey of building a platform focused on underdog stories in sports called Joker Mag to 15k subscribers. (๐Link)
๐ฆ Your SEO Blueprint
Glen Allsopp's "SEO Blueprint 3" course provides actionable strategies and roadmaps for SEO success. Glen is one of the most respected SEO professionals whose work Iโve followed for nearly a decade. (๐Link)
๐ Perplexity Pages Release
You can effortlessly transform your research into stunning content to create articles, reports, and guides. (๐Link)
How did I do this week?Each week, I spend countless hours curating, distilling, and sharing the top insights, trends, tools, and opportunities to help you build a better online business. Your feedback is important and helps me, help you. |