Implementing Dan Martell's AI Strategies in Business

SPEAKER_1 (0:00)

Welcome to the podcast. Today on the show, I want to talk about an interesting video I've recently seen where Dan Martell put this out on YouTube. It has over a million views, I think like 1.4 million views, and it is called The Only 14 Ways to Make Money with AI in 2026 And he breaks down a bunch of different strategies that he personally recommends, what he thinks are the best things. This is like a 25 minute video. I'm going to try to summarize this for you in under 10 minutes. I'll talk about where I think he got it right, what I think he got it wrong, and some areas that I think he missed when it comes to making money with AI. So hopefully this is insightful. This should give you a whole bunch of new business ideas, give you some ideas on how you can make money with AI, and then talk about some of the things that I think he missed. And I'm also not, by the way, like I'm not throwing shade at Dan because I'm going to disagree with a bunch of the things he said. I'm not throwing shade at him. Obviously, Dan is a great business guy. He has an amazing business background if you followed him for a long time. I don't think he's like a particular expert in AI, although he has become like a big expert in AI because he talks about it a lot. But it's not like he has a deep implementation background on a lot of this. He's an entrepreneur. He does a lot. I don't think he does a lot of the implementation, but he probably runs companies that do different things here. His obviously have biases towards the companies that he's run have worked in this regard. So all of the disclosures out of the way, let's talk about what he said. So his 14 big business ideas that he likes with AI.

Number one, we'll start with his F tier list. So the two that he doesn't like, AI Trading Bots and Faceless AI YouTube Channels. I agree with AI Trading Bots. That's mostly gonna be spammy, scammy, whatever. I disagree with his Faceless AI YouTube Channels. And not basically I disagree with that, especially like put on F tier. I mean, if you had put on like A tier, maybe it's not S tier or whatever. But like, I personally know people. I have a friend that is making $4,500 a month right now with Faceless AI YouTube Channel. And I think he does a lot of like getting real clips stuff, but I think he uses AI to help him with the editing and stuff. So I don't know if you call this AI or not AI and whatever. There's there's a bunch of stuff that you have to go. But it's literally just a shorts channel for $500 YouTube. You can do that. It totally can work. If you like video editing, I think it's a great business for you. I would also he didn't really talk about this, but I'm sure he would have slated this into the F tier as well.

Just because it's kind of the same thing. But that is, I mean, quote unquote faceless.

Actually, yeah, I guess the faceless AI YouTube channels, I have a whole category of, you could call it faceless or nameless AI podcasts. And I do post them on YouTube as well with just some AI-generated images. But there are podcasts, specifically I have a whole bunch that are help people fall to sleep podcasts. So people just listen to it. There's a bunch of different ones. I think the most popular one I do is Boring History for Sleep, something like that. And I get thousands of downloads on this, tons of people, and I think tons of people are listening to it. And last month I made $2,000.

It's a totally new venture I started.

I have one of my employees who I gave them the project and kind of the blueprint and what I wanted them to do. They did it all, got 11 labs to generate the audio, posted it on the platforms, labeled it the right way. They had a bunch of stuff, and it made $2,000 in ad revenue.

We, and before anyone complains how the ads work, is we play ads at the beginning of the episode and then nothing for the next two hours. It's like a two hour long episode. So people can either skip the ads or listen to them in the beginning, whatever they want to do and then they just get two hours of this. And it's supposed to be boring, so it's not supposed to be super insane, but yeah, it's like these sleep history podcasts. It's faceless. It's an AI voice. I try to find the best AI voice out there. Obviously, they're not perfect, but it sounds pretty good, and a lot of people listen to them and like them. So I would put that right along with faceless AI YouTube channels and his F list. I made $2,000 last month from it with really no work involved for me. I mean, I had someone that ran it, but when I say I had them run it, I mean, I actually generated 365 episodes. So in a couple weeks, they generated an entire year's worth. They have them all scheduled out, and they're just going to run for the rest of the year. We don't have to literally do anything. So anyways, the next one is his B list. He has AI Copywriting, AI Logo and Brand Design, AI Virtual Assistant, AI Content Repurposing. These are sort of like tasks you can do for people. They're sort of, I don't know, like freelance or fiber or those types of things. At the end of the day, I mean, if someone's going to pay for a job that needs to get done inside of their company and you use AI to do it, sure, but these ones all, to me, feel a little bit more like maybe agencies or jobs. It's just like a job. So anyways, he put them on the B list. I would say all of those are on the B list. That's pretty fair in my opinion. His A list, and I have some other disagreements here. He has AI to AI Marketplace, AI Voice Agents, AI Chatbot Agents, AI Venture Studio. Okay, my biggest disagreement is the AI to AI Marketplace. He's like, make this like Marketplace where AIs can like talk to each other. It's like a whole new business idea for him. I mean, if he if he has so much conviction that I would just say, he should go start that business and, you know, go make all the money in the world that he believes is out there. I'd say it's pretty unproven. I haven't seen anyone scale that. Maybe that will exist to some degree. I don't have a lot of conviction in that idea, and it seems like it's not something that necessarily has a lot of product market fit right now, just because there's a lot of products out there that have product market fit in that. If there were some big ones, then I'd probably move it on that. So I don't know, that one seems like a bit of a rabbit hole, and probably isn't what he thought was a cool idea. AI voice agent and AI chat bot agents, those are great, but I think those actually fall more into two other businesses. One is AI agent development and AI consultant that he put in his S tier. And then, so I don't, I'm not even going to cover those, because I think those are just jobs that you do in two of the other businesses that he thinks are great. So we'll talk about them when we get there. His other one was an AI venture studio. And I mean, that sounds really fancy, but I mean, basically what he's saying is like, throw a lot of spaghetti at the wall and see what sticks. And personally, I actually love doing that. I love experimenting with AI. I have like 10 different websites and softwares that I've built, especially over the last few months. I had a really, we had a newborn baby. He was really colicky. I'd stay up till like 2 a.m., a lot of nights rocking him. And so, yeah, I would just sit there with Claude Cote and made a lot of websites. That one is very fun to me. I'm not gonna say that creating an AI venture studio, meaning like making a whole bunch of AI, little AI companies that do little things is like the fastest way to get rich on all of them. What I'll say happens is there's always 80-20 rule on this. I have 10 or 20 different projects or sites I made over the last three months. And at this point, I got them all out there. I got like a bunch of organic AI marketing done for them. And I'm now seeing which of those is making the most money, and I'm focusing on those and scaling them up. So, I mean, like from a tactical perspective, I think this is a good idea, but like, I don't know, it's kind of interesting because I wouldn't say like the AI Venture Studio is gonna make a lot of money from all of these ventures, but like throw a lot of spaghetti at the wall and whatever is your most successful thing, run with it and scale it. I don't think that's necessarily bad advice, but also all of these ideas could be a quote unquote AI Venture Studio. So that to me seems more like a description of this entire process that he's describing here with all the videos, but whatever. Okay, let's talk about his four S tier businesses, and then I'm going to give you my secret or not so secret S tier business that I think people can do to make money today using AI that he didn't mention, even though his video is called the only 14 ways to make money with AI. Okay, there are most definitely more than these 14 ways, but these are the only ones he knows. Okay, so the next one is AI agent development, and that is basically building AI agents that you can deploy inside of your organization, inside of another organization, things like customer support chat bots, you call that an AI agent, and that you're developing that. I think his idea is like pick one of those specific use cases and just go really hard on it. We recently had on the podcast, Jamie talking about search saddle. He had a company that was basically doing that, and it was kind of doing the AI voice agent from Dan's A tier and using it into an AI agent development company. The problem he found with that was there was just a lot of outreach and marketing, and I don't think that's necessarily a bad business, but I do think it's a lot of work. It's not like a very easy business. You're still just selling a software to businesses. Who cares whether it's AI or not AI? It's something they gotta subscribe to and pay for, and you gotta get them on board, so you gotta do the marketing and the sales calls. With that, you have to have an engine that brings in new leads. And Dan Martell, okay, the only criticism I have of all of his business, this video, I guess, in particular, Dan's a great guy, I'm sure, is he recommended, in order to start any of these businesses, going on your phone and texting all your friends and saying, who do you know they'd be interested in? And then plug in any of these businesses. I don't, maybe it's just me, but I hate selling to my friends. And I guess this isn't so bad because he's like, who do you know that would be interested in? Not necessarily that they'd be interested. He says a lot of times when he does that, his friends are like, oh, I'd be interested in that. So, I mean, I guess that's a good thing. I guess you can't be scared of, you know, pitching your products to your friends, per se, if it's really great. But I always hate starting by selling to family and friends. It's just, it's my least favorite thing. There's a million random people out there that I'm sure you could get on call with and see if they'd be interested.