- Prompt Entrepreneur by Kyle Balmer
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- Roundup: 🧱 Business Fundamentals — Free Readers
Roundup: 🧱 Business Fundamentals — Free Readers
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Hey Prompt Entrepreneur,
Thank you for bearing with us this week during launch.
Very very (very) excited about the calibre of applicants and students coming into the cohort - some real heavy hitters! We’re building a great little community.
Final reminder that if you’ve put in an application we begin Monday. We’re closing the doors after that. Done.
That’ll free up capacity to bring you some other exciting projects. I always build in public so very happy to discuss what I’m currently thinking about!
Prompt Entrepreneur is (about) a year old so it’s time to thing of the direction we’re going in! I’ve got a bunch of ideas. Too many, as always!
Here’s what you have to look forward to:
AI Entrepreneurship Operating System: an AI tool that takes your initial business idea and runs it through a set of my Playbooks to generate a business plan, audience growth strategy, sales funnel and growth plan for you. It’ll generate not just a set of steps for you but also educational resources to help you achieve each step.
AI Expert Consultant Community: a space for AI experts to learn from myself and on another on how to build a business around AI consultation. You’ll be able to learn what’s working right now, build your reputation and gain clients all in one place.
TikTok Growth Accelerator: TikTok has fast become my number one marketing channel, hitting 100k followers in less than 6 months. More than that TikTok followers buy - they make up 60%+ of sales - and lead to B2B work. It’s a channel that’s being slept on in the AI space. I’ll be running 30 day TikTok launch and growth accelerators for those who want to tap into TikTok.
Cohort Launch Method. We’ve now launched 2 cohorts in 3 months, pulling in $150,000+. These launches came from a single Tweet asking if people thought a particular idea would be useful. This tweet was followed by surveys, polls, building in public, pre-sales and building “just in time” to de-risk at every.single.stage. It allowed me to build something I knew to be valuable because if it didn’t pass a particular checkpoint it would have been scrapped. I want to teach the method and get a (small) group of people on board to hand-hold them through a six figure launch.
Partnerships. Crudely, what I now have is distribution. In the world of entrepreneurship building a fantastic product is one half of the equation. The other (arguably more important he says, tooting his own horn) is distribution. Getting the damn thing out to the world. Up until now I’ve been busy learning, writing, recording. In my own little world. I’m now making links with AI builders and businesses in the space - not for sponsorship but for partnerships. Building valuable tools together. I aim in 2025 (gosh, sound futuristic eh?) to grow a portfolio of small bets I work with and help with distribution. A lot of this will be asking you guys what you want - and then finding the best builders to build for you.
And…that’s it for the rest of the year I think.
I can tell my business partner Harminder is reading this sweating right now. We’re going to be busy!
In the spirit of building for you guys and gals first and foremost here’s a question.
Which of these excites you?
Which of these plans most excites you? |
Knowing this helps me build for YOU.
OK - onto this week’s Playbook!
For Free and Monthly Pass Readers
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🧱 Business Fundamentals | AI Business Playbook
For my next step of playbooks going back to basics.
I’ll be running through, step by step, how to build out a business. Think of these are foundational lessons.
We’ll be following my BATON framework (Business, Audience, Tribe, Offer, Network):
Business: what value are we going to provide and to who?
Audience: how will we let them know about the value we have?
Tribe: how do we get permission to offer our value to prospects?
Offer: how do we package up our value and sell it to customers?
Network: how do we scale what works into a business?
This playbook is super important - what on earth is your actual business?
It's all in my latest AI Business Playbook.
Get it now.
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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(Works out at around $1.3 per AI Business Playbook).
Keep prompting,
Kyle
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