Let’s find out how to start your first business in line with the AI era.

1. Understanding the AI Business Model
   Like the case of successfully launching several AI-related businesses and generating over $3 million in revenue over the past two years, there are various models in the AI business. Here are the five most noteworthy models:

• AI Influencer

• This form involves breaking down complex AI information in an easy and concise manner and sharing it through videos, blogs, and social media.
• Initially, filming, editing, and consistent content creation are required, and once the number of YouTube subscribers increases, revenue can be generated through advertising, affiliate marketing, and sponsorships.
• Advantages: Low initial costs and the potential for rapid follower growth.
• Disadvantages: It is difficult to earn a large income initially, and it can be burdensome to appear in front of the camera.

• AI Consulting

• Provides consulting services to help companies or individuals increase work efficiency by utilizing AI.
• Solves customer’s problems in a short period of time through professional advice and guidance, mainly charging on an hourly basis.
• Advantages: Low barriers to entry and the potential for quick revenue generation.
• Disadvantages: The structure of time being money has limitations in long-term revenue expansion.

• AI Automation Agency (AAA)

• This model builds AI solutions for companies using no-code/low-code tools.
• In the past, coding skills were essential, but now anyone can easily start because you can create an AI system with a simple drag-and-drop method.
• Advantages: Low initial costs, high revenue potential, and practical skill improvement effects.
• Disadvantages: The learning curve may be somewhat steeper than with existing influencers or consulting.

• AI Education Business

• This model delivers AI automation skills and know-how that you have learned through online lectures, e-books, webinars, etc.
• Lectures created once can be sold multiple times, so you can expect high profits and high profit margins.
• Disadvantages: Practical experience and expertise must be accumulated first, and it can be difficult to gain trust.

• AI SaaS (Software as a Service)

• This model develops AI tools or platforms that solve specific problems and provides them in the form of monthly subscriptions.
• For example, you can develop AI chatbots or work automation tools to create recurring revenue streams.
• Advantages: Continuous and recurring revenue structure, and the potential for large profits through corporate sales upon success.
• Disadvantages: High development costs and time are required, and there is a burden to update quickly according to technological changes.

2. Reasons for Choosing the AI Automation Agency (AAA) Model
   Among the various models, AI Automation Agency is especially recommended for beginners for the following reasons:

• Acquisition of the Most Practical AI Skills

• While AI influencers or consulting focus on explanation, AAA allows you to develop practical skills by directly building AI tools.
• Anyone can easily start with no-code tools, and expansion to education or SaaS is possible once you accumulate real project experience.

• High Earning Potential

• Starting with small initial projects, you can gradually receive larger contracts worth hundreds of thousands of dollars.
• As in the actual case, it is possible to achieve monthly revenue of over $100,000 through the AAA model.

• Expanding Future Business Opportunities

• The experience gained with AAA becomes the foundation for advancing into various fields such as AI education or SaaS business.
• If you are recognized in the market as an ‘AI automation expert,’ you can respond to any economic changes in the future.

3. AI Business Start 3 Steps and 6-Month Roadmap
   The specific three steps to AI business success are as follows:

① Learn

• Learn basic AI concepts, no-code/low-code tools, and prompt engineering.
• It is important to use free lectures or online materials to learn sequentially from start to finish.

② Apply

• For practical experience, carry out projects for friends, acquaintances, or small businesses for free or at a low cost.
• The key is to create solutions tailored to customer needs through actual problem-solving experiences.

③ Monetize

• After gaining sufficient experience, set regular rates and provide services to customers.
• Initially, generate revenue by charging hourly rates or project-based prices, and establish a suitable business model.

The 6-month roadmap here consists of focusing on acquiring basic skills for the first two months, carrying out free or low-cost projects for the next two months, and focusing on securing regular customers and monetization for the last two months. Since necessary materials, contract templates, and guides are provided for each stage, anyone can reach their first revenue milestone by following the order.

In the rapidly changing AI era, you can no longer just wait for the future. You must learn AI technology with your own hands and commercialize it now to prepare to stay ahead in the changing economic situation. Although it may be difficult and there may be trial and error at first, anyone can become a key player in the AI ​​revolution if they prepare properly.

[Related Articles at nextgeninsight.net/]
• AI Business Success Strategy > https://nextgeninsight.net/?s=AI
• Artificial Intelligence Startup Guide > https://nextgeninsight.net/?s=%EC%B0%BD%EC%97%85

*Source : [Liam Ottley] How to Get Rich with AI: The Complete Beginner’s Blueprint