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Triple Your Teams Productivity by Mastering AI with Mike Koenigs

Triple Your Teams Productivity by Mastering AI with Mike Koenigs

Released Tuesday, 16th April 2024
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Triple Your Teams Productivity by Mastering AI with Mike Koenigs

Triple Your Teams Productivity by Mastering AI with Mike Koenigs

Triple Your Teams Productivity by Mastering AI with Mike Koenigs

Triple Your Teams Productivity by Mastering AI with Mike Koenigs

Tuesday, 16th April 2024
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Episode Transcript

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0:00

nobody wants to feel stupid.

0:03

Okay. And a lot of people who've tried AI and tried chatGPT and

0:08

they couldn't make it work, walked away feeling stupid

0:11

and it's like well that sucks, but if you can get past the blinking

0:16

cursor That's that, you know, you type something in you got a terrible response.

0:19

You're like this thing doesn't work I think one of the things is just

0:22

like use a different tool and get something that makes you feel smart

0:28

All right. It is Q one of 2024.

0:31

That means new goals, more growth and upgrading your day-to-day workflow.

0:35

That's why I want to talk to you today about the HubSpot sales hub.

0:39

This thing is basically an all-in-one platform to help you.

0:42

Get out of that muck of scheduling everything manually digging through

0:46

data, tracking down leads, probably not following up with things.

0:49

Sales hub will flip everything on its head.

0:52

This thing's an easy to use suite, a powerful tool.

0:55

It's going to help you convert contacts into customers quicker.

0:58

Accelerate sales with smart sequences, manage deals with simple and powerful

1:02

tools and help you forecast a lot smarter.

1:05

It actually uses this new AI powered app called chat spot combines

1:10

chat GPT with HubSpot's smart CRM.

1:14

Basically, you can ask this thing to create more revenue

1:16

for you and deliver it as well. So you can ask it to track down contacts, competitors, summarize sales,

1:23

and actually draft emails for you. So now's the time to close more deals and get on track.

1:28

Make Q1 your best yet.

1:30

Explore the new HubSpot sales hub and AI tools like chat spot at hubspot.com/sales.

1:37

What's happening today? I have a really good friend of mine and longtime friend,

1:41

Mike Canucks on the podcast. He's been on the show before.

1:45

And, uh, this guy I've known for now 15 years or so.

1:49

It's crazy. Ah, myself and my team, we used to make all of his product launch videos

1:53

back in the day, and we would hack together all these interesting ways

1:57

to make all the sales videos that you would see for his old launches.

2:00

That was my old previous life in my business.

2:03

That's how we originally got connected. And now Mike and I are teaming up again on a whole bunch of things in the AI space,

2:11

and you're going to learn his the way he thinks and the massive opportunities

2:15

every business owner has right now to leverage AI in a way that's smart.

2:20

And that works for you to increase productivity, scale your business.

2:24

You know, follow up with people much quicker, basically empower everyone,

2:29

including yourself, but everyone on your team to be lifted up by this

2:33

technology and not get left behind.

2:35

There's also a total mind shift that gets to happen from a.

2:39

Oh, well, it's like a millionaire. Billionaire and then trillionaire mindset and you'll understand what I mean,

2:44

but each one of us as business owners, entrepreneurs driven I can tap into this.

2:49

So you're going to get the whole blueprint here.

2:52

And I will say right now, if you want to pause this, you'll get a

2:56

headstart, but go to digital cafe.ai.

3:00

Slash J F and there that's where you could get Mike's book for absolutely free.

3:06

It's all about AI. And it's literally a playbook on what to do.

3:10

And you get to see one of the projects, the software that we

3:13

built up from the ground up. That we're actually taking out to the market to different channel partners

3:19

and really scaling some cool stuff. So you can get a little inside, look at what your boy Joe has been

3:24

doing outside of this podcast. So go to digital cafe.ai/j F.

3:31

Mike, we're doing this. It's been a handful of years since we had you on the show.

3:35

It was Matt and I, Mr. Wolf at your place, actually.

3:39

So it's been a Oh, yeah. Yeah.

3:41

No, it's been way too long So, um, yeah, it's good to be here in beautiful

3:45

san diego together and uh, we've had the good fortune of Getting the band

3:50

back together working together again. I'm so excited.

3:53

So you've been just such a rock star and uh, Um, I love your brain.

3:59

I love how you think and I love what you're doing right now And

4:01

I have I love the collaboration. Thanks, man.

4:03

Same. And it's, it's one of these things, like you've always

4:06

expanded my mind in new ways. What we first met 15 some odd years ago.

4:10

I think it was at David Klein.

4:12

He had those think tank events, San Diego.

4:15

Remember those things? I think that's where it was.

4:17

I was trying to nail it down. So, uh huh.

4:24

So that was that met a bunch of crazy cats then, but yeah, you and I worked

4:29

together for many years on a bunch of product launches that you had back then.

4:34

Info days. And, um, man, I always learned so much from you.

4:38

So I got to give a lot of credit your way.

4:40

And even. Thanks, man. Yeah, man.

4:43

Um, and all that now is transferred into media now and then what we're

4:46

currently collabing on and I want to hear a little bit of your updates too.

4:51

And you can tell everyone where you, what you've been doing, um, the last

4:55

what, like handful of years or so. if you go back from info marketing days, just a little history for the

5:00

folks who don't know, Our history together and my history is, um, I

5:05

was doing digital marketing in 1989.

5:08

Trey created one of the first digital marketing agencies, sold that, and then

5:11

had Traffic Geyser Instant Customer, which were two of the first, we'll

5:15

say, online marketing SaaS products.

5:18

Trafficizer was great for generating traffic with video

5:21

and then Instant Customer did two way interactive mobile text.

5:23

Then moved to Amazon was brand new and KDP and we were one of the first to

5:31

figure out how to publish rapidly online.

5:33

And we turned that into a book writing product and then basically helping

5:37

people build their own platforms. Which podcasting and, and all that.

5:43

And then. I've been just building businesses and creating and launching

5:48

companies for the past six years. And as I've framed it, I loved creating businesses.

5:53

I never had to run Um I told myself, I'm never going to do software again,

5:58

but AI comes along and, uh, I had the perfect storm of, uh, Peter Diamandis

6:05

asked me to speak at Abundance 360. Tony Robbins asked me to speak at one of his events and that put the heat on where

6:11

I thought I'd better get really good.

6:15

At teaching AI, using AI, but also helping people figure out how to use it.

6:20

And that led to creating training products.

6:22

Now the development company that we've been doing together, um, where we're

6:27

rapidly producing AI products, we built our own platform, which is digitalcafe.

6:32

ai. Slash JF, by the way, um, wrote a book called AI Accelerator, and that's

6:39

just a little giveaway for everyone who listens to or watches this.

6:41

We'll give that to you, Yep. You know, the best way to put it is right now is so incredible because

6:50

AI can make smart people a hundred or a thousand times more effective than

6:55

they already are, at least two to 10x.

6:57

Okay, that's that's easy. Um, and I think it's going to also have the same effect that social media had,

7:03

which is going to make dumb people dumber, smart people smarter and more productive.

7:08

So you get to choose. Which option to go down, but, um, let's start there and then

7:14

you, you asked me more questions. no, it's a, it's a great, it's a moment in time right now.

7:18

And we talk about it all the time. And I think, you know, after you deliver these talks, which I want to cover

7:23

some of the main points, cause I really feel like it's a mindset shift, right?

7:27

Like we got to get our minds knowing what the hell is going on right now.

7:31

Things are happening so fast, rapidly.

7:34

How does it affect me in the now in my business?

7:37

Um, and then also like, how the hell do I plan the next like

7:40

three years, 18 months, even, Okay.

7:42

So the millionaire mindset now i'll leave in the pretty uh, uh slide

7:46

here, but millionaire mindset You I think is really representative.

7:51

You think about the industrial revolution, the way I think about it is

7:55

a poor immigrant who didn't even speak English could come to the United States.

8:00

You know, 100 years ago and create a million dollar company that was possible.

8:04

And that was because of industrialization. Think about the cotton gin, for example.

8:09

And there were people who hated the idea of the cotton gin and would go break it

8:14

at night because it was stealing jobs. Okay.

8:16

Um, but those who used it created entire fabric industries and, um, huge multiples.

8:23

I mean, it was a massive labor multiplier.

8:26

And then. You'd look at the internet revolution.

8:29

Billionaires were created again. You could be an immigrant from a different country, come to

8:35

the United States, leverage internet and become a billionaire.

8:39

And you look at Steve, uh, uh, Elon Musk is one of them.

8:43

Now he didn't come here as a poor immigrant, but you know, the

8:46

Google guys, um, Jeff Bezos, um, it's a massive force multiplier.

8:54

And when you think about it. Like Amazon Elastic Cloud and Google Cloud and what Microsoft did with

9:01

their own platforms, you could access billions of dollars of infrastructure

9:06

for pennies to rent servers.

9:09

But the AI revolution is doing that again.

9:11

And I believe, uh, the mindset is the trillionaire mindset.

9:14

And this isn't necessarily about dollars, but I do believe that in

9:18

the next three years, we're going to have our first trillionaire.

9:21

Next five years, we'll probably have three trillionaires among us or more,

9:25

and we don't even know who they are yet. So that I think is, is the way to think about it.

9:31

But if you apply this to your own life and you say, okay, I am a business

9:36

owner and if you just use off the shelf scripts and Joe, we demonstrate this

9:41

all the time when we present together. But using tools like Cast Magic, or, uh, Oasis, or Otter, or ChatGPT and

9:50

MakingGPTs, whatever it is, you can basically take anyone and make them

9:54

20 to 200 percent more productive, but you can also apply that and make more

9:59

money in a business by automating stuff.

10:01

And that's just using off the shelf tools that cost 20 to 100 bucks a month.

10:07

The first time I heard it. That was the unlock moment where it's like, okay, there's phases to

10:12

this revolution that's happening. The revolution and in terms of building a business, this, the millionaire

10:18

mindset being the place to start. It's like, figure out what's a bottleneck in your current reality in your business.

10:24

And let's address that. And like you said, tools, you know, from free to 20 bucks a month.

10:30

Like we can. Now, identify what are those bottlenecks and start to automate

10:34

certain things that are repetitive. You can get more leads, follow up faster, sell more, grow what

10:40

you can, what you can control. Yep.

10:44

Yep.

10:47

I really started in depth presenting on this is I always build little

10:51

automated survey tools To capture as much information before I speak and

10:55

find out, Hey, what's the biggest pain you have in your business right now?

10:59

What do you wish you could automate? Um, where are your big opportunities?

11:02

What are your biggest challenges? What do you wish you could do with AI and you don't even know if it's possible.

11:07

And then what we did as a team is we built these playbooks that would be like, how

11:12

do I build all my podcast information or get questions put together, automate my

11:17

social media or clone myself with, Any kind of cloning tool so I could basically

11:22

build a bot that would speak like me or write like me Um, you know, it could be

11:28

creating hr programs or training tools But the whole idea is a combination of prompts

11:34

and tools stacked together can accomplish any goal And you know the net result

11:40

for us is we built a training program around that A practical use case is one

11:46

of our clients jim and jamie shields. They're in the build the rent real estate space They have a problem, which

11:52

is their, all their content, all their follow up was either old, outdated or

11:57

non existent, and they're always waiting around for a copywriter, it seems.

12:03

It's like, they talk to a copywriter, they tell them what to do, and then

12:05

they get their first draft back three weeks later, and it stinks!

12:09

So What we did is built a series of GPTs that wrote all their copy and content.

12:15

And we got, it turns out 104 weeks.

12:17

We got a year for one business, a year for a second business done in

12:21

about two hours, including the bots. And, um, I think that's a practical use case, but it saves, you know,

12:28

it's not uncommon to spend 75 grand on a copywriter a year or

12:32

more, and, um, now a B or C tier.

12:36

Assistant can do all the copywriting and as a founder, you can look through

12:40

it and make sure it's on point, make sure the calls to action are done.

12:44

I mean, there's still some manual work, but it gets better all the time.

12:47

And, um, I think those are real effective and this can just be using standard

12:53

GPTs in chat, GPT, open AI to do that.

12:57

And, uh, you know, I look at how, how else could you write two

13:00

years of marketing in three hours? Or clone you or your best employees?

13:05

And so the millionaire mindset has more to do with the mindset which are what

13:09

tools to use and when and what order And I you know, like when you demonstrated

13:14

cast magic, for example That's a perfect example of a tool that can do a day and

13:20

a half worth of work in about 15 minutes

13:23

Yeah. And these are, these are examples, you know, like we've worked on some GPTs

13:28

for, like you said, cloning your voice.

13:31

And yeah, you mentioned emails, but yeah, I'm just putting this out there

13:34

to those listening and watching. Think about social media and all these things you can have in the hopper now.

13:39

Um, you know, you're, you're not dealt with that blank page syndrome anymore.

13:43

At least you have starting points and then you can extrapolate from that point.

13:47

I think the, the framing I've used a number of times is

13:52

nobody wants to feel stupid.

13:55

Okay. And a lot of people who've tried AI and tried chatGPT and

14:00

they couldn't make it work. Walked away feeling stupid and it's like well that sucks, but um, if you

14:07

can get past the blinking cursor That's that, you know, you type something

14:13

in you got a terrible response. You're like this thing doesn't work Um, I think one of the things is just like

14:19

use a different tool and get something that makes you feel smart So like

14:22

this is one of my other favorite ones. It's um in video and It's brain dead simple you feed it a prompt or you

14:30

can feed it a script and it creates a synthetic voice actor It edits video

14:35

it finds music it gets royalty free pictures and videos And it can bang out

14:42

a pretty good first draft in about 15 or 20 minutes And in some cases good

14:46

enough to use like this is one I made for our platform digital cafe AI now

14:51

I did write the script Um, I did spend a lot of time on that because ChatGPT

14:58

or Claude can write an okay script.

15:02

But, um, again, a good first draft.

15:04

But I still find that I have to get in and it still writes and sounds like a robot.

15:09

And it'll be like, I smell, I smell ChatGPT.

15:13

You know, says delve too many times or

15:15

Yeah, yeah or treasure trove or um, yeah Yeah, it's just like and you

15:23

can even if you tell it what not to do it'll still do it It's like what

15:26

in the hell train this stupid thing? Um, and it's getting better.

15:29

But anyway, i've got a little I can play the first chunk of uh The

15:35

video that this thing cranked out.

15:38

This is a two minute video, but i'll just play the first part Welcome to

15:41

planet who gives a shit attention spans are fleeting and precious You've

15:45

got less than 20 seconds to grab a prospect's attention, engage them,

15:49

earn their trust, and convince them that they need what you're offering.

15:53

But even after you've invested a fortune in generating traffic and leads, it's

15:57

likely that your systems aren't equipped to follow up quickly, consistently, and

16:02

competently, round the clock, all year.

16:05

In this game, money loves speed, and time kills deals.

16:10

Enter DigitalCafe. ai, the artificial intelligence that builds relationships.

16:15

Okay, so that was good enough that I put it on that website for the

16:21

first week because like, I can't remember where I was speaking.

16:24

I was, Oh, I was at a strategic coach event and I was going to be on stage and

16:29

I'm like, I got to have something and we didn't have enough time to turn it.

16:32

Um, and the voice sounds good.

16:35

Holy cow. That love it. Yeah. Yeah, it's deep.

16:38

The music was brand representative.

16:41

It picked okay video clips, you know, not great, but You know, good enough.

16:46

It didn't, it did not suck. What used to take me days Can now be done in 10 minutes without a whole team

16:54

and I really appreciate that and I think that's the the way to think about this

16:58

that's what I was going to say. So to, to round out kind of this millionaire mindset is to know that

17:03

now the tools are all here to at least get that first version out there.

17:07

It doesn't take a rocket science scientists.

17:09

It could just be, you know, it could be your EA or someone on

17:11

your team to start faffing around.

17:14

I'll let you define that in a moment. Oh, yeah, yeah, that's right.

17:17

We've got we've got a special guest we'll bring on in a moment.

17:21

Yeah. there. But just like the reframe of like, Hey, get your team integrated.

17:25

Start following along with the latest trends.

17:28

Start messing around with these tools.

17:30

And you'll start to realize or, or, you know, follow along, especially get the

17:34

book that Mike is talking about because all of those are listed in the book too.

17:38

So you don't have to just dick around elsewhere, but, you know, like you

17:42

have the ability now to give your team and yourself the, uh, like, You

17:48

have so much value at your fingertips.

17:51

And then if you, you know, you want a specialist or yourself

17:54

to review this stuff, well, it's probably gonna be cheaper.

17:56

It'd be quicker. You can iterate faster, test something, go to market fast with the MVP,

18:02

Again, it's also letting your team know So there's a there's a fine line between

18:09

fearing it and embracing it, right?

18:12

So the fear is oh my god, is this going to replace me and it's like not

18:15

if you use it And you become three times more effective Um, you know, so,

18:21

uh, an employer's dream is how do I scale my business without adding more

18:26

overhead that increases profitability.

18:29

And I would love to be able to say to a team, look, here's where we are.

18:33

That's our baseline. Um, let's see if we can generate twice as much without adding more overhead.

18:41

And you're going to get a piece of that. Like, let's, let's give you a piece of the upside.

18:46

And, um, You know, there's one of the challenges with industrialization is,

18:54

uh, and, you know, frankly, in the internet Revolution as well as a lot

18:58

of workers said well, I didn't get the benefit of this and part of it

19:02

is sometimes the the there isn't more because of the way things are managed,

19:08

but I think there's a opportunity with ai especially the multiples can be so

19:13

significant without the cost going up and without the state coming in and

19:17

stealing more money for taxes and And you know what they normally do boy

19:22

that almost sounded political there did No

19:24

to go there. Yeah I don't think anybody disagree except for

19:28

them. Uh, let's move on to the next stage, the billionaire mindset, which, um, uh,

19:34

this is where you've been kicking ass.

19:38

Um, and that's amplifying your business. So what we always try to do is like, where is there the big opportunity?

19:44

Where's the biggest challenges? What are the biggest dreams that you as a founder have and how do we amplify that?

19:51

In other words, to increase the value in a business, if you could take a key

19:55

person and triple the Make three of them.

20:00

So if I could create three Joe Fears or three Mike Koenigs or three key

20:04

people in my case I'd love to have three Abbey's or three Elliot's Or

20:08

three Aaron's right three Brad's.

20:11

I know I want more more of all of you But if we could do that and and

20:16

do it with AI Not only does that add incredible value, but it also means

20:22

that if you sell your business There's more equity value because now the

20:26

business isn't dependent on a person.

20:29

Um, so that's how you can increase your EBITDA by four to eight X.

20:32

So again, cloning yourself and your top performers, and we've

20:35

got better tools for doing that. You know, like Delphi is a good one.

20:39

Um, Brad's been building these bots.

20:42

One, one of the first ones I did before there were good bots is I took a,

20:49

um, a client who had a sales problem.

20:53

So. Um, what I did is I asked them to send recordings of all of their sales

21:00

conversations, which we did, and I transcribed them, and then I, uh,

21:04

at the time I used Claude because I found that Claude did a better job,

21:08

and it still does at this moment. In terms of, um, writing better emails or writing better copy and

21:16

analysis, but also speaking in voice. So this particular prompt took a bunch of these transcripts and

21:24

then I uploaded my sales book, which is called punch the elephant.

21:28

Um, and the subtitle is how to sell anything to anyone and overcome any

21:33

objection, even if you're bad at sales. Well, the net result was, um, the, the output of this thing generated a full SOP

21:45

and a follow up describing to the founder of this company how to do a better job.

21:51

And I, and at the time they couldn't have afforded paying me for two and

21:55

a half days to do this manually. But I created the prompt, tested it out and generated output.

22:03

In about 40 minutes, so 2.

22:05

5 days into 40 minutes, but more importantly, over the next week and

22:09

a half, they increased their sales five times just based on the S.

22:17

O. P. That this thing produced, and I think not only is that a good example

22:22

of amplifying a business, but I could take this along with my I.

22:26

P. And create a sales sentiment analysis tool.

22:30

Um, and if I had more time right now.

22:33

I do that. And then, you know, you've got this cool, um, tool you've been

22:38

working on, um, which is a product.

22:41

And do you want to talk about that? Cause this is a great, uh, case study.

22:44

I will. And it's funny because I haven't talked about most of

22:48

this stuff on this podcast yet. So I was kind of waiting until you showed up, Mike, so you

22:52

can kind of break the seal. And so, yeah, what I've been doing is a lot more of the working with clients

22:57

to custom develop what their vision is.

23:00

And the one that Mike's showing right now, it's comm university,

23:03

Brad Hamburger and his team. They basically want to tackle this problem with universities, where

23:08

they You know, kids that are going in there, I guess young adults are just

23:12

not feeling connected with each other. They're all looking at their screens.

23:15

It's all everybody's fragmented and the universities are not making the money

23:19

that they used to make like there's lack of donations, all that stuff.

23:22

So they're bringing people together using an app, ironically, but the

23:26

goal is to get them off the app. Once they connect the right people, they're using a I chat bots

23:31

and all these matching tools to essentially do that effectively.

23:35

Based off of questionnaires, super engaging, looks beautiful, as you can see,

23:40

and yeah, the goal here is to get them to be able to raise money.

23:44

So we rapidly figured out how to develop this, make it look beautiful

23:48

and essentially show universities and other investors how they

23:52

can make this a scalable model.

23:55

hmm. yeah, I mean, this is one example of what we're talking to financial

24:00

space, the wealth building space, telecom, real estate,

24:03

yeah, the, the use cases are intense.

24:07

And going back to like, I think one of the most important things is, is Brad

24:11

Hamburger's MTP, is Moonshot Vision is to stop and eliminate loneliness,

24:17

depression, and really suicides.

24:20

Amongst college kids, and this is a way to connect people based upon, you

24:24

know, create intimacy using a I faster and probably lifelong relationships.

24:31

You know, you think about if you've ever had a roommate before they can become

24:34

well, some of your best friends or worst enemies long term, but most of the

24:37

time, I think best of friends, um, also getting back to the billionaire mindset.

24:43

Why is this so valuable and important? Well, I think It's creating value and in their case, it's

24:50

subscription, uh, income as well.

24:53

And, you know, what you were able to do is rapidly prototype, um, a very,

24:59

very detailed product idea that now is being used to raise millions of dollars.

25:06

And, um, I'm just excited about the model.

25:09

And that leads trillionaire mindset, which again, is not about the because

25:14

someone will be like, Trillionaire what I can't I've not even had a billion or

25:19

I'm not even you know Somebody's not even at six figures can't imagine a million.

25:22

Somebody's got a million can't imagine a billion How does the trillion again?

25:26

This is a way of thinking more than anything and it also is a clear

25:31

distinction between how you perceive value because up until now What we're talking

25:38

about is EBITDA, which is earnings before interest tax and depreciation Um, so on

25:44

a typical company that might be have 10 million dollars worth of revenue their

25:48

EBITDA might be two million Well, that means to a a company that would buy you

25:54

they might say pay two and a half times that which would be five Million dollars.

25:57

Okay, and you'd be like, all right um to a lot of people who may have spent

26:02

their whole lives building a business to walk away with A couple million

26:06

bucks and then have to pay the tax man. It's like, well, this sucks.

26:08

That's no good. How do I create more value?

26:11

How do I create so I can take my 10 million business and maybe

26:14

make it worth a hundred million? And that's this new way of thinking with the help of AI.

26:20

And the, multiples are crazy. And this is, this I think is a representative clip in 40 seconds.

26:26

How to think, right? Um, or what's possible.

26:29

So I'll start by playing this in my little, like group chat

26:32

with my like tech, CEO friends.

26:34

There's this, there's this betting pool for the first year that there's a, uh,

26:38

a one person billion dollar company, which would've been like, unimaginable

26:42

without AI and now will happen. So how's that gonna happen?

26:46

Well, the way I, um, would say is, you know, for Brad Hamburger,

26:53

for example, in that business. They're going to take some IP and create a SAS product.

27:00

But what we were just talking about with this funeral home, for example, and

27:03

for that matter, we're talking in the insurance industry and the construction

27:07

industry, um, I believe any industry, if you're a functional business and

27:12

you have some unique IP, and we figure out how to use the billionaire mindset

27:17

where we clone your top employees and create more productivity and more

27:22

value, well, that could be saleable.

27:26

To a business on a subscription level.

27:29

And if you looked at the last image here, um, If you have a hundred people

27:34

paying ten thousand dollars a month for a product that can create a hundred

27:38

thousand dollars worth of value Um, it's a no brainer most business owners Um,

27:44

if they could add a hundred thousand dollars in monthly revenue and pay

27:48

only ten thousand dollars for it They no brainer they do it all day long.

27:52

Okay A lot of them would pay 20, 000 for 100, 000 worth of value.

27:57

It'd still be a no brainer for them. And, um, in the world of SaaS, software as service, uh, 100 clients at 10

28:08

grand a month, which isn't that many. That's totally doable.

28:10

That's a million dollars in monthly recurring revenue, 12 million a year.

28:14

Well, that business would be worth 10 X revenue, not EBITDA.

28:20

When a PE company buys you or when you'd be acquired by maybe a bigger company Like

28:26

let's say you wanted to sell something substantial to a microsoft or a linkedin

28:29

and they'd be like, holy crap This would add massive value, you know, it'd have

28:33

the network effect for them So you've got a 12 million dollar business that

28:37

could be worth 120 million or 250 million Well, that's a quarter of a billion.

28:43

You don't it only takes a thousand billion dollar market cap companies to

28:48

make a trillion dollars You And that's the way the new trillionaires think

28:53

is how do I use AI to create massive leverage and a massive network effect?

28:58

And I just want to pause this episode really fast and shout out a podcast.

29:02

That's also on the HubSpot podcast network, the audio destination

29:06

for business professionals. This one's a podcast that's hosted by someone I followed for years.

29:12

The name is Donald Miller is the whole story brand.

29:15

Uh, book and all the different stuff online, he hosts the podcast

29:19

called business, made simple. The premise is to basically take the mystery out of growing your business.

29:25

And he recently had on one of the other guys I follow is Alex, her mosey.

29:30

And right at the beginning of the year, they're talking about.

29:34

Facing uncertainty in your business and Alex and Donald, they talk about different

29:39

ways for different ways to basically shore up your business, to, to ride

29:43

the uncertain times that inherently are the ones that we're living in in 2024.

29:48

So make sure to go check that out. Go listen to business made simple that episode with Alex or

29:53

mosey, but also the other ones. Wherever you get your podcasts.

29:56

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30:00

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30:04

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30:11

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30:13

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30:41

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30:47

it's really, this is the mind shift that gets to happen.

30:51

And it's when you start thinking of not only the numbers, but knowing

30:56

that this is all accessible to everyone on the planet right now.

30:59

So I genuinely think there is a lot of fear, mystery, unknown of what's

31:04

this going to do to my industry, my job, maybe if you are my role.

31:09

But just know, like, you're, this is the time to go take advantage

31:12

of this and start testing. Go FAFOing.

31:14

Fuck around and find out. I'll just let it out of the Oh, yeah, yeah, we got

31:18

ha ha. what I do, uh, you want to put, why don't we play a little, um,

31:22

Bring him back, huh? FAFO here? We got to bring back our man,

31:26

We kind of skipped Samuel So Samuel L.

31:28

Jackson has a little bit to say about FAFO.

31:31

What is that? Well, this is the secret to.

31:34

Becoming a millionaire. All right, here we go Mike shouldn't be swearing on stage, but no one

31:41

told me and find out you aren't going to lose a job to ai But you

31:48

will to someone using it Thank you

31:52

gets old Um, I love that guy

31:55

And that by the way was synthetic samuel jackson Uh, he did not make a live performance here.

32:03

That is for educational purposes only and um Uh, but it shows what's

32:09

possible, but I do think it's uh, it's pretty uh, pretty funny.

32:13

It is. And it just shows you like there's tools that the one you just used.

32:17

I think it was 11 labs to spin up that voice.

32:20

Like there's, there's so many tools that we have access to.

32:23

And the point is now that is like, this is the time to customize this

32:27

to your business, digital cafe dot AI slash JF will actually get you

32:32

to, um, the book, but actually start to test out what we have created internally as a team.

32:39

And I feel like this, when you start using it, digital cafe.

32:42

ai slash JF, um, multiple call to actions.

32:45

Right. So like it's, it's when you start to FAFO with this tool and then think

32:51

of your business, like now start to visualize what is my customer?

32:55

Like, how can I improve their journey through my business

32:57

and give them a better result? So take it away, Mike.

33:00

Yeah. Well, let's let's play the video and then we can talk about Why this

33:05

is such an important mindset shift You And how to apply this and I

33:11

think it ties into the book as well. So let's uh, let's hit play here It's about a three minute video and you also

33:17

see the the Continuation from what I prototyped within video, and I didn't

33:24

have time because I was gone for a week and I wasn't back in the studio and then

33:27

I came back and made this, but it started with a prototype that I literally wrote

33:33

the first draft of the script while I was laying in bed on a Saturday morning.

33:37

Um, and I probably wrote the first draft in 2030 minutes, but then I tweaked

33:43

it, tweaked it, tweaked it, tweaked it, tweaked it for hours and hours,

33:45

and I tested it with my wife and I. Performed it for friends, you know, it went through some

33:50

iterations, but this is the result.

33:52

Welcome to the world of three second attention spans and fewer than 20

33:57

seconds to get a prospect's attention.

34:00

Engage them, get to know, like, and trust you and say,

34:04

I want and need what you have. Let's make a deal.

34:07

Now you spend a fortune generating traffic and leads, but chances are Your

34:12

systems don't quickly, consistently, and competently follow up 24, 7, 365

34:19

money, love, speed, and time kills deals.

34:22

Now introducing digital cafe AI, a relationship building AI that

34:27

will take your hard earned leads and make them feel like you're

34:31

sitting down with them for a cup of coffee, listening to their needs and

34:35

responding to them with a personalized, useful, resourceful solution.

34:40

It's the perfect AI team. An A plus marketer who gets attention and captures leads, a friendly

34:47

salesperson who asks the most engaging questions, a data nerd who researches

34:52

and riches and qualifies your prospects and predicts their behaviors.

34:56

An engaging copywriter who follows up in your voice with stories

35:00

that connect, so your prospect feels seen, heard, and understood.

35:05

And a delivery genius who ensures every message is read, heard, and

35:09

watched minutes after first contact.

35:12

Now your prospects get a hyper personalized follow up message.

35:15

Story proposal, brochure, videos, audios, voicemail, email, and a custom

35:21

website that gives them a sense of hope, possibility, and vision to

35:24

invest in your product or service.

35:27

It creates beautiful magazine quality PDF reports.

35:30

It even sends real handwritten cards and letters right to their home.

35:35

A digital cafe AI does hours or days of work that normally requires an

35:39

expensive team of specialists in minutes.

35:42

You get instant notifications of qualified prospects, so you or your

35:46

team can take over the conversation or let AI do the work for you.

35:50

You see everything your prospect does in real time.

35:53

It's the fastest, easiest, automated way to get attention, engagement, and

35:57

trust to close bigger deals faster.

36:00

Now the experience blows away your prospect.

36:02

Every deal closes faster with less work.

36:05

No HR issues, no complaints, no excuses, no vacations, always on 24 7 365.

36:11

Now it's not about taking the human interaction out.

36:14

It's about filling the void where the human component falls on its face.

36:19

Now you're probably asking, is it easy?

36:21

Does it work? Will it work for me and my business?

36:24

A Digital Cafe AI is a done for you service that can be adapted to any

36:29

B2B or B2C business, understand any language anywhere in the world, and

36:34

it integrates with every CRM system and even connects to WhatsApp.

36:38

Which means a hundred percent deliverability with no can spam,

36:41

SMS, text, or GDPR limitations.

36:45

Money loves speed and time kills deals.

36:48

So visit Digital Cafe AI to see how it will work for you.

36:58

So that video right there, I don't know if there's a better way to

37:01

concisely put that into play. And you can tell that's the second iteration from that first video you made.

37:07

Um, and, and now this is on the homepage of digital cafe, uh, dot AI slash JF.

37:13

And there's a little, little, uh, QR That's where you get the free book.

37:17

That's right. Yep. So go test it out and, and, and Mike, maybe give us a little overview in

37:24

your words from maybe some details or like almost like a use case

37:27

the use case right now is uh, we've got an This real estate firm, for example,

37:34

they're they already have traffic, but they know their conversions are low and

37:39

the idea of Taking what they already have this incoming traffic and being able

37:44

to put them in and learn more about the prospect Enrich them qualify them and then

37:50

basically send them down the appropriate road So if it's someone with no

37:54

experience, they might sell them training if it's someone with experience They'll

37:58

enroll them in a program if they have a lot of experience They may have a higher

38:03

value person reach out to them immediately and this whole thing gets triggered But

38:07

it basically creates a customized website this pdf And then an audio and a video

38:12

about them and for them from the founder in the brand's voice In five minutes,

38:17

okay, it's freaking amazing and the wow factor alone is like, holy crap, right?

38:23

I wanted that the fact that it gets the reaction it does and you know,

38:28

you we've been working together We're fielding calls right now of people going.

38:32

I want this too. So now we got a funeral home And uh, it means that someone who's going through

38:37

grief we can ask some questions Deliver something that's really emotional And

38:43

then give them You know, like if, if you have a, a, you know, again, just,

38:48

this is like, this is going to sound terrible, but if you have a baby that

38:51

died during childbirth, the way you deal with them is very different than

38:56

if your, uh, uh, father or mother died of cancer, or you lost a spouse,

39:02

or, you know, it's a grandparent.

39:05

It's a very different experience.

39:07

And, um, you know, I know this because a friend of ours has a funeral home.

39:12

His wife has, has been doing, um.

39:16

This for a long time and it's very competitive.

39:21

There are multiple people advertising And if someone calls and they're

39:26

in pain and you don't pick up the phone and follow up fast They're

39:29

going to move on to the next person. You will lose them Um, and the same is true whether it's heating and air

39:34

conditioning or you name the business here Like you've got that much time and

39:38

there's a lot of competition and there's a lot of noise So he or she with the

39:43

fastest follow up follow through You Presenting a relevant message in the

39:47

voice of a brand in a meaningful way with a customized option or product or

39:52

service offering will always win and intimacy and engagement matter most.

39:58

So that was a long seat at the stump, but um, that's my intent.

40:04

And now we're, we've got partnerships where other people want to

40:08

use this in their business and sell it to their customer base.

40:11

So that's our network effect. It's a trillionaire mindset.

40:14

And that's exactly, it's, it's, we're doing this in motion.

40:17

So the mindsets you just laid out, which Thanks for sharing that because I

40:21

mean, I think that's 80 percent of it. It's like, get your head right thinking in the game.

40:25

How can, what do you have control over now?

40:28

Build it for yourself. That's, I mean, you started this probably with a lot simpler stuff like GPTs and

40:35

chat, you know, chat, uh, GPT, all these different prompts, but now it's amplified.

40:40

So that, you know, started off millionaire, gotten to billionaire,

40:43

And trillionaire is now this mindset of where we're taking it to channel

40:47

partners, people who can customize what we've created and, and really go to town.

40:52

And there's a whole sort of business model there that, that that's a whole nother

40:57

rabbit hole, but just thinking of the scale, like it can start with just your

41:02

own business and knowing that you're the connector to something pretty great here.

41:05

Even if it's a funeral home, I would argue the the use cases are are

41:09

virtually endless Like here's an example of uh, someone who went through the

41:13

process and this is actually a real Uh, this is an architect so i'll play

41:18

the the first part of an audio and then um Also play the video for you

41:24

hey Amika, this is Mike Koenigs. I want to start by saying a big thank you for your interest, your

41:30

impressive journey in the architect. Okay, so that's the audio, not bad.

41:34

Here's the video. Amika, this is Mike Koenigs.

41:37

You're on the brink of revolutionizing sustainable community development

41:42

with your vision of an AI toolkit.

41:45

Imagine harnessing AI to assess land for sustainable development,

41:49

integrating environmental Technical social and economic markers.

41:56

This isn't just a dream. It's a transformative shift waiting to happen

42:01

um, in the background for the techie nerd types, we use 11 labs as our, uh, API.

42:05

And then we use Haygen for the video, which is freaking amazing.

42:09

And we, you know, this is a complex product.

42:12

But, um, if we would have had to build this three years ago, first

42:16

of all, we couldn't have done it. And the second thing is it would have probably cost many millions

42:21

of dollars to produce this and a team of eight, eight months.

42:26

Whereas, uh, we did it with fewer people in less time for

42:30

a lot less money in comparison. And again, we're adapting it to a bunch of different industries right now.

42:37

We've got a construction one. That's uh, going live.

42:40

Uh, we've got another one for a business that does pretty advanced marketing.

42:46

They were in the political game, uh, Curt and Kristen.

42:49

And then in our case, you know, when this is how I deliver my book.

42:54

So it's the funnel. And then, um, you know, you can book a call.

42:57

So the whole idea is maximum engagement in the shortest period of time with

43:00

a hyper personalized follow up. And man, I wish I had this a long time ago.

43:06

Oh, it's so cool. So that's basically the trillionaire mindset is.

43:11

A, we're doing it for us. B, we're doing it for other people.

43:14

And C, we're doing it as a collaborative thing because we're

43:16

white labeling this platform for other industries so they can do it with us.

43:22

And the trillionaire mindset comes not just from the network effect,

43:26

but the collaborative partnerships. And, um, you know, I got to give my, a big shout out to Dan Sullivan

43:33

who talks about this himself.

43:36

So. That's basically it.

43:38

And then if you want, I can go through how we've completely rethought

43:41

our own funnel strategy using AI

43:46

Let's do that because that, that might be a good way to wrap it up because

43:48

it's, again, this is all very actionable in terms of like frame, frame yourself.

43:52

You're think of your own business. Think of maybe some of the gaps that you're not seeing in the ladder

43:57

here. on. you know, the easy way is what kind of free content do you have?

44:00

Now, this book is available. We sell it and it's actually generating lots of, it's been a number one

44:06

bestseller now for a couple of weeks, which helps the network effect.

44:10

But everywhere I go, I give away the book.

44:12

It's used as an incentive. Um, we're doing it on the podcast.

44:16

So every time I make an appearance on a podcast, we get a bunch of

44:18

people who show up, they opt in, they answer some questions, they

44:22

get engaged, they see our technology and then get exposed to the tools.

44:26

So it's use the tool to sell the tool. Um, so you want to, of course, establish yourself as an expert in authority,

44:32

whether it's a podcast or whatever. Um, and then in our case, we take them through the next step, the roadmap.

44:39

How do I use AI? What apps should I use?

44:42

It's essentially an introduction to the millionaire mindset.

44:46

What should I do? How should I do it? And in what order?

44:50

And, um, you know, it's our way of also building a relationship.

44:54

So you want to have a lower ticket offer to get people, um, in your funnel.

45:00

And then we take them on the journey of, uh, we have training.

45:03

So for a lot of business owners, it's like, how do I bring this

45:07

into my organization, get my people using it, thinking in AI, using AI.

45:13

And we've done all the hard work. And because we've taught this a bunch of times, you're teaching

45:17

the next cohort with Brad. Um, It's a great way to get exposed and you build amazing loyalty like

45:25

the the You know, we've got it.

45:27

We talked to a client yesterday who started here now, they're going up the

45:31

next level So they said yes to franchise.

45:36

That's what brad is running that that's where you work with us And we actually

45:39

do these two hour sessions and it's a done with you Let's build ais and

45:44

tools with you and for you but do it in two hour sprints So it's replicable.

45:49

It's sort of like let's let's replicate a top person in your organization.

45:52

Let's build a copywriting bot Let's find areas that make more

45:56

money save more time and multiply the effectiveness of your team

46:00

Hmm. Yep. And then uh, we also have our high ticket where we build entire

46:05

businesses and brands in a week um This has been our our core

46:11

for almost seven years now but um You know the the guy who's on the screen

46:16

right now You Uh, Reagan, we built a new business offering for him.

46:21

He's been a client now for a couple of years, but we generated conservatively

46:25

between a half a million and a million dollars worth of new business

46:28

in one day from a new 10 minute presentation we built with him.

46:33

And, um, that's, you know, and then the next stage is, well, everyone needs

46:39

an autopilot sales system that is co pilot autopilot, that's our product.

46:44

But then we get to Joe's department with custom development because someone will

46:49

say, how do I turn my IP into a product?

46:53

And So it's the full spectrum. Yep. And then, um, ultimately, you know, this, what I just showed

46:59

is our handout, our sheet. This is how we engage our audiences.

47:03

And that is essentially our funnel.

47:05

So my challenge to everyone watching this and listening to it is, um, you

47:12

know, like, how can you get engaged and Use this mindset in your own business

47:21

and escalate someone, but also use a I to make yourself more effective.

47:26

How do you deliver a higher quality product in less time with fewer people?

47:30

And how does that create value? How do you commercialize and package your I P?

47:35

And then how do you create collaborations in a network effect?

47:39

So that you can get 10x 20x multiples on something that already works for you You

47:45

know, you're gonna be your best guinea pig as you prototype this and then get

47:50

it out to a few clients And don't sell 10 100 products sell 10, 000 products.

47:57

I was going to actually bring that up earlier, but now it's a

48:00

good tie in because now showing the whole, the reason why we even

48:04

have that whole path there is to

48:06

lead to higher value. And most people, a lot of people will just skip to the higher value stuff

48:11

because they have the vision, they're ready, they get it, whatever it might be.

48:15

But, um, yeah, don't, and we were just talking about this the other day, you

48:19

know, it's like when you start getting an overwhelm or this need to scale, or

48:24

maybe be something to everyone, like doesn't really bring joy in your life.

48:28

I know I've felt it. You've been through that before, you know, you've scaled all sorts of stuff

48:33

over the 30 plus years, whatever it was. So, I mean,

48:36

yeah. yeah, charge more, you get out of work with the right people, you know,

48:40

customers who, uh, pay more that you actually like, versus a whole bunch of

48:48

anonymous, uh, cheapos who, uh, might not have the same value system you do.

48:55

And, and you're inviting All sorts of trouble in your life in my opinion,

48:59

you know, and again, it's some people love business consumer, right?

49:03

They love selling cheap stuff to a bunch of anonymous buyers.

49:07

God bless your soul. I'm i'm not mcdonald's.

49:09

I don't want to be mcdonald's Um, and i'd rather have a tight team of people.

49:14

I genuinely love and working with people.

49:17

I love on something meaningful um Because I just don't I don't care about widgets.

49:22

I just never have given a rat's butt about them.

49:24

But um, yeah You no, Hey, go, go FAFO yourself.

49:29

You know, you figure it out, but figure out your model and stick with it.

49:32

So true. I think I'm pretty sure there was some light bulb moments for other people.

49:36

I always pick up something new. So, if you had a takeaway from all this, because you've been immersed

49:41

in this, you're right in the deep, what's, what's, um, showing up for

49:46

you right now, I'm super curious. it's this, it's the use cases of digital cafe, you know, because

49:51

that's where my mind has been. It goes back to the journey and the different ways that.

49:57

It's creating an experience. And this is thinking of the funeral home, uh, business.

50:02

We were just chatting with last night and it's exceptional service.

50:05

I mean, that's an industry or a business specifically.

50:08

That's over a hundred years old. It's like the only reason it's like in the top 10 percent or even higher in

50:14

the U S is it's exceptional service.

50:16

You're meeting people where they're at and where they want to feel seen.

50:20

And that's what the chatbot experience does.

50:22

That's what the customized experience on the backend.

50:26

We've talked about this and I've had Lee Richter on about a year ago, maybe nine,

50:31

10 months, but technology is speeding up.

50:34

It's never going to slow down, but the humanity element's still there.

50:38

So it's kind of, it's both. So it's going to increase the human side of anything that's created, but at scale.

50:45

And I feel like that's what we're doing really well here with

50:47

Yeah, I think the best use of AI is to help humans do human

50:53

things better and take away the repetitive, annoying, stupid things.

50:57

And also, um, from an evolutionary point of view, um, back to the cotton gin.

51:04

Okay. Now, In the oldie, oldie, oldie times when you'd manually pick cotton and then

51:10

it'd be ginned or threaded by hand, etc.

51:14

It wasn't efficient. And you know what?

51:16

Some people really like doing repetitive work.

51:20

Now my argument would be, well, I'd rather design something new and innovate

51:25

something new than be stuck doing the same damn thing like dragging rocks out

51:30

of a hole my whole life sounds like hell.

51:34

Now, again, some people like that. Some people are proud to be a coal miner and I would argue that's inhumane.

51:40

We are going to go through a harsh evolution as humans right now Um, and

51:47

there are some people who are just not going to see this coming and it's going to

51:50

happen far too fast Um I feel terrible for people who don't adapt quickly These are

51:56

changing times and some people are going to fight very hard for keeping things the

51:59

way they are And it's going to suck for them and it's going to be scary and Uh,

52:05

you know the internet changed a lot of things but it was a little more gradual

52:08

This is one of those things where a lot of people are going to wake up and they will

52:12

not recognize the world They lived in a year ago or three years ago And what it's

52:18

how it's going to affect our perception of reality, but remember You Our perception

52:22

of reality is nothing more than a story and an illusion and we're repeating other

52:26

stories that have been told to us our whole perception of language and society.

52:32

It's all a story.

52:34

It's all a hallucination and an illusion that has been passed on

52:40

for millennia and generations now pulling the rug out from underneath

52:45

someone could be considered immoral.

52:48

And I can't dispute that. I cannot dispute the fact that a lot of people are going to be in pain

52:53

because the world changed too fast. Um, and instead I would say back to the augmented reality opportunity.

53:00

Imagine having a helmet now.

53:03

It wasn't too long ago. You'd have to go to college for four years to learn a skill

53:06

and you had to be accredited. You had to have a sticker by your name in order to get that job.

53:11

And soon someone who wears a helmet can go through some basic dexterity, uh, And

53:18

then you'll be able to look at something. There's a problem in the AR will help you diagnose the problem, fix it

53:24

and fix something and be a lot more productive and make a really good living.

53:28

Um, and this can be education on demand.

53:33

Okay. That excites the hell out of me.

53:36

And like, I have no education and there's a whole bunch of people,

53:39

what we call the clear collar worker.

53:42

That is the opportunity from blue collar to white collar to clear

53:46

collar, which is transparently using technology to be a better human.

53:50

And that is the world that I want to live in. It's the hallucination.

53:54

I want to smoke. I'm in on that hallucination, man.

53:58

So this is the time let's wrap it up.

54:00

I know you got to bounce out of here, Mike. So I appreciate you.

54:03

Another shout out digital cafe. ai slash JF gets you Mike's book.

54:08

Yeah. And experience digital cafe with your business in mind.

54:12

Answer the questions, go through the whole process.

54:15

You'll, you'll pick up and get some light bulb moments.

54:17

So Mike, appreciate you, man. We'll be

54:19

Oh yeah. Rockstar. I'll see you soon, Joe.

54:21

And, uh, thanks a ton for the time, brother.

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