- Prompt Entrepreneur by Kyle Balmer
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- Roundup: Become an AI Expert — Free Readers
Roundup: Become an AI Expert — Free Readers
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Announcement : AI Workshop Kit Cohort 2 is now open for application.
“I think I just covered the cost of my license with this first gig!” — Joshua, Holistic Tech Wizard
Learn more and apply.
(Cohort 2 starts on August 5th. It’s first come first serve).
Hey Prompt Entrepreneur,
This week has been one of anxiety.
We’re launching Cohort 2 of the AI Workshop Kit right now and launches like this always lead to anxiety.
Will people sign up? Will they buy? Will we hit targets?
All of these are surface level anxieties and perfectly understandable.
Underneath that though is the anxiety of whether what I’ve built is good enough.
And underlying this is of course a judgement on myself: can I build something good?
This comes with a whole bunch of negative self-talk. Oh, they’ll hate it. And therefore me. Because I’m useless and can’t produce anything worthwhile.
Here’s the thing. I know logically that this is all rubbish.
Cohort 1 has been great. Some highlights:
the launch sold really well - 6 figure launch, well above expectations
the students we have in are top calibre, amazing individuals who love what we’ve built for them (and tell us this!)
students have already begun to deliver paid workshops, within weeks of starting
We also overdelivered on the initial offer massively:
providing not one workshop for them to teach but instead 5
instead of 4 live sessions they’ll receive lifetime lives as the cohorts roll forward
I added in mini-consults where I take problems and record a 1:1 personalised video for students
we’ve run outreach for students to secure pro-bono practice workshops with charities and non-profits
and much more
By all accounts it’s been a huge success! We did well from the launch and students are very happy and (most importantly) out there immediately making money!
Yet I feel anxiety about Cohort 2!
Even though for Cohort 2 we have:
over 500 applicants
a track record of success from cohort 1
similarly professional and top-of-their-game applicants as before (like…real heavy hitters!)
Here’s the thing though. This is natural. When you build your own products and services you put so much of yourself into it that it’s understandable that you begin to over-identify.
If this fails then I’m a failure.
We tie our ego into what we build.
If you’ve ever launched a product you’ll know this feeling.
And more importantly - if you’ve never launched a product this could be part of the reason why!
I know so many people who build something great to 90% but never get it out into the world.
Why? The anxiety of it failing and what that means about them.
Exactly what I’m feeling this week during our launch.
This feeling doesn’t go away. Sorry!
But you will get better at just living through it!
And those expectations rise - I’d feel anxious about a launch that could potentially lead to $500 of sales. And now I feel that anxiety about $100,000+ launches. It’s growth. And at least the reward at the end of the process is bigger! 🤣
If you are waiting to launch something have a think about whether this applies to you. Is there anxiety underpinning your procrastination? It’s worthy of review.
And before I go we’re in the last week of applications for the AI Workshop Kit Cohort 2.
If you are looking for a sure-fire, battle-tested way to launch your AI expert consultancy business then workshops are the way - companies need these right now and pay well for workshops. More importantly once you’ve delivered a workshop the pathway is open for consultancy, advisory and implementation work. That’s what we’ve covered all this week in the Playbook!
So:
Check out this week’s Playbook for my blow-by-blow process on how to get into AI consultancy work.
If you haven’t already put in your application for Cohort 2 of the AI Workshop Kit here: details and application.
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💡Become an AI Expert | AI Business Playbook
Right now there’s a huge opportunity in becoming an AI expert specialising in consultancy and advisory work for businesses.
AI is going to hit business in the same way the internet did. Businesses, industries and whole sectors who are unprepared will not survive.
As a result the smart companies are realising it’s time to get onboard with this whole “AI thing”.
And this means opportunity for those of us who know how to use AI in business settings.
This ain’t just me saying this. The BIG consultancy companies are all jumping on this.
The smart money is flowing hard and fast into AI. And the biggest consultancy companies in the world know this.
40% (!!!) of McKinsey’s business in 2024 is generative-AI focused. A focus that literally did not exist a couple years ago.
Here’s the rub though: not every company can afford McKinsey.
McKinsey, the company who just charged New York City $1.6m for a slide deck that suggested using bins rather than leaving trash on the street as a fix for the city’s rat problem.
In fact the vast majority of businesses cannot afford huge consultancy firms. McKinsey and similar companies work up in the top tier with FTSE100 and Fortune 500 companies. Big money, big contracts. And leaving the vast majority of the market to similar consultancy outfits.
This is where the opportunity lies for you. We don’t have to be McKinsey to do very well from this opportunity.
This playbook's focus is on how to become an AI expert and how to get into consultation, advisory and implementation.
It's all in my latest AI Business Playbook.
Get it now.
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This playbook is hosted in Notion, which lets you easily : take notes, copy prompts fast, duplicate and keep as your own, past your ChatGPT results and save as PDF.
Now includes : summary sections and mind-map!
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Keep prompting,
Kyle
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