#167 Beyond the Basics: Unleashing AI's Potential in Business with Jonathan Green
Listen in as we navigate the world of AI in the business setting with our guest, Jonathan Green, an expert in AI and ChatGPT. Jonathan shares his inspiring journey from job loss to entrepreneurship and how he used the power of AI to accelerate his work. We discuss everything from the practical applications of chat GPT to the importance of consistency, risk-taking, and the excitement of running your own business.
Join us as we explore how ChatGPT can be a game-changer for your business. Jonathan shares insightful tips on how to use ChatGPT to brainstorm business ideas effectively, assess your skills and assets, and determine the right business model for you. He also gives us a glimpse into the future of AI in online businesses, discussing the potential of open-source versions of AI and why it's becoming an essential tool for digital professionals.
In this discussion, we also cover the different types of AI and how they can be applied to create text-to-image and text-to-video software. Jonathan further shares his wisdom on the importance of work-life balance, the value of podcasting, and how to navigate common pitfalls such as the sunk cost fallacy. Towards the end, we touch on the importance of learning from mistakes, building connections, and the potential of future episodes and guest opportunities. Don't miss out on this informative episode packed with actionable insights!
Find more about Jonathan:
https://servenomaster.com/
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From the heart of Dubai, where
tomorrow is being built today,
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to the world.
Welcome to the CTO Show with
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Mimet.
Here we redefine technology and
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reimagine possibilities.
With MIMET delve into the
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riveting realms of a I
cybersecurity and digital
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technology.
Experience the thrilling highs
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and lows of startups, immerse
yourself in the spirit of
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entrepreneurship, and witness
the future of Business
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Innovation being written in real
time.
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Now, without further ado, let's
TuneIn and explore the future.
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Hello, welcome to a new episode
of the City of Show with
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Mohammed.
Today I have with me a guest
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who's expert in a I and ChatGPT.
Without further ado, I want to
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introduce you to Jonathan Green.
Jonathan, thank you very much
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for being on the show today.
Can you just introduce yourself
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and what you are up to?
Sure.
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My name is Jonathan Green.
I've been a full time online
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business owner since 2010, and
in that time I've traveled the
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world and I live on different
islands in the South Pacific.
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And I've just fallen in love
with the power of a I to
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accelerate my work over the past
year.
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And I've recently written the
book Tragedy Profits, which has
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become a massive success.
It really helps people to see.
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The practical applications of
ChatGPT.
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So often we're distracted by
look at this cool thing or look
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at that cool thing and I really
focus on what is it usable.
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Can this help me in my business?
If it's not usable, it's like
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virtual reality in the 90s,
right?
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You put on the helmet and you
get sick.
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Sure it's cool, but you can't
use it.
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So that's what I really care
about is practical applications.
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Yeah, that's great.
Well then, like.
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You know, while preparing for
today's episode I've, you know,
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read little bit in your bio and
you know, you have an amazing
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journey actually.
So can a little bit tell us
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about the journey from being,
you know, on a job and then
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becoming a successful
entrepreneurs who now lives on a
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tropical island?
Yeah, so I'm one of those people
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who always thought I could never
be an entrepreneur.
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I'm not an entrepreneur.
I don't come from an
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entrepreneur family.
You know, you always hear about
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these elders where they started
their first business at 12, made
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their first business million at
14.
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And I'm not like that.
It was only when I was fired
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from my dream job at 29 and had
to move back in my mom's
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basement.
But I looked back and said, wait
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a minute, I've always had little
side businesses.
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My first side business when I
was 15, like when I was at
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summer camp, I used to order a
pizza and sell slices at a
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little bit of a profit.
And looking back now, I go, oh,
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wait a minute, there is an
arterial thing in me.
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But so often with the way
education works, especially in
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the West, especially in America,
it just constantly teaches you
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how to be an employee, how to be
an employee.
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And it never quite worked for me
because I always want to have
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adventures and the only way I
would really do is when I got
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fired.
So getting fired for my job is
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actually the best thing that
ever happened to me.
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It really worked out right,
because it kind of kicks me out
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of the nest.
And I said to myself, I'm not
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turning 30 in my mom's basement.
I have until my birthday to be
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out of here because I'm not
going to be one of those guys.
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And so I put this really hard
pressure on myself, and I ended
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up spending the entire month of
my birthday in Hawaii.
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So I built the business and was
able to have a vacation.
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But a lot of times people think
that success comes from, like,
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your first idea works or there's
this magic solution.
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And honestly, the secret sauce
is that I work every day.
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It's the continuous work more
than anything else.
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You know, I've been doing this
for 13 years now, and what I see
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is that a lot of people.
They don't have the consistency.
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One of my friends yesterday
who's been in the same business
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for 13 years, just said, oh, I'm
actually going to go back to
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school, get a degree and work
and take over my dad's business
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as an accountant.
And I said what?
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What happened?
You've been running businesses
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for so long and once you kind of
get out there, you can't go back
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like you're in the arena.
It's like being on a trapeze is
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out of net.
There's this level of excitement
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when every decision is on you.
If I don't do my job, my
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employees don't get paid.
If I don't do my job right, we
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don't make enough money for the
house or to pay for the kids
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school or for food.
So there's a lot of pressure on
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you, but.
That's also the thing that is
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really exciting.
It's like this different type of
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excitement.
It's different than jumping out
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of an airplane, which I've never
done, but it gives me that
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feeling.
So I just started trying a lot
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of different ideas and said I'll
do whatever it takes.
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So I tried a lot of things and I
just stuck with it as things
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started to work.
That's amazing.
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And yeah, like, I think we need
to try multiple things,
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especially when we go out from.
And by the way, Jonathan, it's
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not only in the US, it's
something global.
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That they teach us you need to
go get a degree go work you know
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be in the safe side That would
say don't take risks and I think
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you know also I learned that the
hard way very late as well save
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as you now what spot your
interest in a I and how did you
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transition into utilizing a I
tools like ChatGPT for your
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online business.
So when I started out.
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To make a web page, I had to
learn HTML stuff, and that's
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very hard for me.
So if I wanted to make a landing
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page and to get a page just to
take someone's e-mail address
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who wanted to download something
for me, it was very hard.
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It would take me a week or two
weeks to build that very
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difficult, would look terrible.
My very first website, if he was
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earlier, was a tutoring website.
And people always made fun of me
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because the button was right
over my face.
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I was like, well, I don't know
how to fix that.
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Like, it's one of the most
egregious errors you can have,
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right?
And yet.
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The business as well, I was
like, yeah, but it's working and
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I don't know how to fix it
because it was in Java, which I
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really don't know.
So the important thing is how
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people see these tools.
And that's really the
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difference.
A lot of people see it as
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optional and they kind of see it
like virtual reality or like,
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oh, maybe some people use it,
maybe some people won't, but I
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see it more like a calculator.
So imagine for any employee in
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your business, right.
Imagine you're hiring an
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accountant, You have one uses
ChatGPT and one who doesn't.
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And the chat GB T person or the
A I person can do 10 times as
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much work in the same amount of
time.
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Why would you ever hire the
other person?
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So I think there's going to be a
purge in one to two years where
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people that don't learn it are
suddenly like, wait, if that's
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not any resume, people won't
even interview you anymore
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because it offers an efficiency.
There's a big misunderstanding.
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People either see it as a toy or
they see it as like the end of
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humankind, right?
But it's something in between.
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It's not really artificial
intelligence.
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It's not sentient.
It doesn't have feelings.
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It's really just a guessing
algorithm that's very good at
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guessing based on its data set
and you can program it to do
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very, very good things.
So if you approach it from the
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oh, this is a tool.
And I watched a lot of tutorials
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on YouTube about different ways
to use it 6-9 months ago and I
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was like, wait a minute, I can
do better than this.
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And so I just began testing.
A lot of people go, oh, I want
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to see if I can break the rules.
I don't care about that, right?
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There's no business in that.
No one.
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It's like, yeah, that's a cool
feature.
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I don't care.
And I noticed that a lot of
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people think, oh, it's just a
replacement for Google.
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I'll just ask dumb questions and
that's not what it's good at.
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That's the worst use of it.
So I began pushing the limits
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and seeing what's possible, and
it's really accelerating my
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business.
I use it every single day.
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I always have chat, GB T open.
I always have my image
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generators open.
I use a couple of different
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tools and I do 5 days of work
and four days every single week.
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I'm now about 20% faster and
more efficient.
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And I believe I can get a lot
faster as I get better.
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The real key with any tool is if
you put in the wrong equation.
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So the very first thing I did
with Chatty, the very first hard
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thing, I had to write a piece of
code to help me format coloring
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books quickly, because there's
no software to do that takes
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about two hours besides each
picture.
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It's so annoying and I kept
getting errors for weeks.
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I kept the code that Chatty kept
working, and I finally realized
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I'd given it the wrong
dimensions of the page.
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So at the very core of it, it
started from.
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Garbage in an operator error.
And that's really the important
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part, is that if you give Chatty
PD bad prompts, you're going to
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get bad results.
If you ask them questions, you
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get dumb results.
But if you learn how it works,
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you can do amazing things.
You can create different
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personalities and make it
experts in different areas
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because Chatty PD has this
really wide body of data to pull
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from.
The problem is, most things
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online are wrong.
Most websites, most blog posts,
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most sales pages are bad, right?
There's only a small percentage
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that are successful.
But Chad GB T can't separate the
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good from the bad.
So you have to create guide
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rails or barriers to say this is
what I want you to focus on.
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Just use your knowledge of math,
Just use your knowledge of
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physics, Just use your knowledge
based on Einsteinian physics,
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whatever piece of daddy you
want.
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And suddenly Chad V becomes a
lot smarter because now it's a
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specialist.
So just creating small guide
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rails can create a massive
amount of success because if you
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ask for someone to say what's
the best website.
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Well, there's so many websites.
How could you possibly know,
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right?
It's impossible.
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But you say, what's this website
to order pizza in my town?
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Suddenly you get much better
data because you've created
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these rails.
And that's really what I
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specialize in and help people to
do, is realize that when you
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create the quite the correct
guide rails, you can get really
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amazing results.
And it's not that gadget.
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BT always has bad stuff, it's
just you remove the
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distractions.
You say, oh, just use the good
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data and suddenly you get what
you.
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Yeah, actually I discovered this
the hard way also, Jonathan.
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And I mentioned this in a
previous episode because, you
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know, one day people start to
talk about a prompt engineering.
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So, you know, I start to scratch
my head and I said, hey, can I
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get actually guidance from
ChatGPT itself to reveal to me
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how I can use it better?
And actually it gave me at that
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time.
I cannot remember exactly, you
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know, the sentence that it
generated, but it mentioned
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something like.
You need to give me not only an
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input, You need to give me the
input plus context.
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And the context was highlighted
several times and they said, can
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you give me examples and start
to give me examples.
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And now, you know, here we go
like after now, I think 8 months
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or nine months since I start to
use it like, yeah, like I know
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exactly how to to to do it and
it's all about practice.
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Yeah.
And that's all.
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Still.
I have a lot of room of room of
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improvement, I would say, but I
need to learn.
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00:10:07,090 --> 00:10:12,190
But yeah, it's interesting now.
Jonathan, you you've, you know,
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written a book called ChatGPT
Profits and it's like
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interesting for me.
So what are the key takeaways
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00:10:19,630 --> 00:10:23,350
for entrepreneurs looking to
harness the power of ChatGPT in
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their businesses?
So the first thing is to look at
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all of the tasks that you do the
ChatGPT can replace.
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So all of the tasks that used to
hire someone for a small task
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like a gig where you're paying
five or $20, every single thing
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like in that category chat, GPD,
you can do now for you, wanted
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to write an ad you want to help
like different versions of a
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headline you want to ask for
ideas for a project.
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All of those things that can be
do.
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And in fact all those things to
be done by different A I's like
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there's a music a I there's
voice, A I's now there's all
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these other.
So if you have four or five A I
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tools, you don't need to hire
almost anyone for any lowlevel
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skill and you can use it to
teach you things and the most
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important thing.
And this is really the game
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changer, is that you can avoid
ever doing garbage in by asking
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the right questions.
See, I'd ask the wrong question.
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I gave it an instruction.
Now, whenever I start a project,
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for example, the hardest thing
for everyone starting a new
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online business, a new business,
you go, well, who's your ideal
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customer?
Who's your customer avatar,
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right?
Nobody knows.
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And they go, here's the 15
things you know, what is your
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ideal customer's greatest fear?
That's a really weird question
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to ask, right?
Like.
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You know, if I asked you what's
your greatest story like, what
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do you talk?
That's a weird conversational
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thing.
And yet we expect people to know
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that about their customers.
And I was working with a
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copywriter who said, well, you
just fill in the blank and put
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in your ideal customer said no,
nobody knows that, nobody begin
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or knows that it's a hard
question.
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And so I said to Chad sheep, I
said, what questions do I need
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to answer for you to be able to
help me identify my ideal
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customer?
And it gave me 7 questions and
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right in a row.
And I go wait one at a time.
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I can't 7 at once is
overwhelming.
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And by the end of it, it gave me
the best definition I'd ever
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seen of an ideal customer.
Just because I started with a
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question.
So we're often tempted to give
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commands.
And that's the limitation.
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Chat TB is actually better when
you ask questions.
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So if I'm working on a project,
let's say I'm editing a book for
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a client, I'll say chat TBT I'm
going to feed you samples of
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writing by my client.
Let's say they bring stuff on
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LinkedIn or they've written A
blog post.
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You let me know when you have
enough that you understand their
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writing style.
We can edit the rest of the book
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and it will sound like them.
Doing it that way is so much
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easier than starting with the
command.
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So that's the first thing I tell
everyone is realize that you can
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ask questions like I wanted to
when I wanted to create that
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color book formatter.
I said the chat.
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GPI said is this even possible?
If it is, what programming
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language would I use?
And it told me Python And I
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said, well what is Python?
Is that already inside my
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computer?
I don't even know.
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That's my lack of knowledge
about programming and Python And
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all of those things.
But now I have several pieces of
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software that created with chat
GPD that I use every single week
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and I'm always creating more
little mini tools that would
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normally cost me.
A couple $100 a $1000 to have
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someone build and I just built a
chat TV in a few minutes.
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But it's because I asked and I
asked it what programming
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languages it knows.
Actually recently the numbers
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increased so it's always
learning new things.
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So when I first asked it knew
about eight language and now it
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knows about 25.
So it's learning and more data
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being fed into it in real time,
these different skills.
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So every time you ask it, what
do you know or what can you do
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or how can you help me learn
guitar, it will give you so much
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amazingness that you wouldn't
have thought of.
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And that's really when people
talk about brainstorming.
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It's not I feed something and it
gives me variations.
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It's I ask a question and it
gives me ideas and kind of
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inspires me.
So it's really an interactive
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process.
Yeah.
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Now between reality and myth, I
would ask you, Jonathan, do you
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think ChatGPT can really, if we
give the right prompts, give
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U.S. business ideas that we can
start, of course we need to do
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the, the hard job of course.
And then can we scale it using
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ChatGPT?
I think that this is a great
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question.
It's really about how you ask
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chat GB T So the way I would ask
the question I would say chat GB
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TI want to start an online
business.
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What information do you need to
help me choose the right
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business model.
And if you start from there
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because the really, and this is
what I talk about one of my
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first books fire your boss.
I talk about what are you what
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are your skills, what are your
assets.
305
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Some people's assets is their
friendships, right?
306
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They're friends with.
Everyone who owns a hotel in
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towns, they can get hotel rooms
half price.
308
00:14:19,050 --> 00:14:21,410
I have a friend who's like that
in Norway or someone else.
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Their skill set is that they are
amazing at counting, right?
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I have a friend who's like that
you can throw coins on the
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county ground and you can count
them instantly.
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It's amazing talent, not always
useful, but everyone has
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something they're different at.
Or maybe you have space, right?
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Like those are the people that
now like they rent out their car
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during the day because it's an
asset, but they never thought of
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it that way.
So it starts with an assessment.
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And so chat people to say things
like, well, do you want to show
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your face on screen, right.
There's some podcast where he
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would never show their face or
audio only, and some podcasts
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where it's video.
Why will different people are
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feel comfortable?
Some people like, I don't want
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anyone to see my face I work
with someone once who had a
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really big company goes I don't
want anyone to ever even hear my
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voice.
He said I only want to write
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books.
I don't want to do written
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content.
I said what if you even have a
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00:15:00,830 --> 00:15:02,310
voice act?
He goes, no, no, even I don't
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want you someone else's voice
either.
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That's fine.
So that's a limitation.
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So you want to find out what
your limitations are like There
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are a lot of jobs I couldn't do
right.
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I wouldn't want to be.
Like a Hightower window cleaner
333
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because I'm so afraid of heights
that would that would be so hard
334
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for me, right?
And in the same way, I don't
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have a good singing voice.
Like, I just don't.
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I took seeing lessons when I was
in college and the teacher was
337
00:15:22,220 --> 00:15:24,260
like, how far do you think this
is going to go?
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And she was really about, she
was so worried.
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I was like, I already know.
I just want to be able to
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basically sing a melody.
So when I'm having someone else
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sing on a song, I write and
like, I could see the stress
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leave her face.
That's how bad of a singer I am.
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That's okay.
So knowing your limitations,
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right, some people have amazing
voices to narrow audio books and
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some people should never do it.
So you can.
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These are the things I'm good
at, these the assets I have and
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it will start to kind of build a
plan with you.
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So if you go interactive you can
get really good results.
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Now as far as scaling, it really
depends on what your business
350
00:15:54,630 --> 00:15:56,350
model is.
It can help you with a lot of
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00:15:56,350 --> 00:15:57,830
things.
It can help you design ads, it
352
00:15:57,830 --> 00:16:00,430
can help you write emails, it
can help you with strategy, it
353
00:16:00,430 --> 00:16:02,830
can help you to do all of these
things faster, right?
354
00:16:02,830 --> 00:16:04,870
I use it for all of these
different processes.
355
00:16:05,720 --> 00:16:08,280
And at the end of the day, there
are certain things that are me.
356
00:16:08,280 --> 00:16:10,760
The secret to chat she between
the secret to any of these a I
357
00:16:10,760 --> 00:16:12,520
tools is that there has to be a
driver.
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It has to be you.
And a I the a I on its own.
359
00:16:16,240 --> 00:16:18,760
If you just don't pay attention,
it will start to say crazy
360
00:16:18,760 --> 00:16:20,160
things after about 10 or 15
minutes.
361
00:16:20,160 --> 00:16:22,000
If you don't kind of say, hey,
what are you doing?
362
00:16:22,000 --> 00:16:23,560
Go back on track.
That's not what I asked.
363
00:16:23,960 --> 00:16:25,960
If you just wait till the 15
minutes, do you read and go This
364
00:16:25,960 --> 00:16:29,200
is an insane computer because
what it says, if you've ever
365
00:16:29,200 --> 00:16:30,920
done that, you'll start to go.
This is not what I asked at all.
366
00:16:30,920 --> 00:16:32,520
What are you talking about?
You've drifted.
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00:16:33,550 --> 00:16:36,030
So it it requires a human hand
and I think it's going to be
368
00:16:36,030 --> 00:16:38,350
that way for a very long time.
So I'm not worried about
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00:16:38,350 --> 00:16:40,790
replacing jobs.
It just makes people faster what
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00:16:40,790 --> 00:16:44,430
they're already good at.
So I really see it helping you
371
00:16:44,470 --> 00:16:46,710
and it can help you with a lot
of things it can help you.
372
00:16:47,190 --> 00:16:49,430
Let's a great example is you're
trying to learn something now
373
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when I see a video on YouTube, I
want to learn something go 25
374
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minutes, I'll just copy paste
the transcript in the chat GD
375
00:16:54,310 --> 00:16:57,070
and say tell me what happened
and now I can learn in 15
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00:16:57,070 --> 00:16:58,550
seconds.
That's one of the best ways to
377
00:16:58,550 --> 00:17:01,290
save time right is.
Things that took you a long time
378
00:17:01,290 --> 00:17:02,850
to learn.
And you can ask questions as
379
00:17:02,850 --> 00:17:04,050
well.
Like there's a process where you
380
00:17:04,050 --> 00:17:07,010
can feed it a PDF or have a give
the transcript with an hour
381
00:17:07,010 --> 00:17:08,810
long.
But you say, hey, quiz me on
382
00:17:08,810 --> 00:17:10,890
what's in this lesson.
So it can help you to learn
383
00:17:10,890 --> 00:17:12,369
those things.
So you can learn however you
384
00:17:12,369 --> 00:17:13,770
learn, right?
Some people learn by watching,
385
00:17:13,770 --> 00:17:15,810
Some people learn by listening.
Some people learn by kind of
386
00:17:15,810 --> 00:17:18,730
quizzes or interactive.
And all of those things are what
387
00:17:18,730 --> 00:17:22,050
it can do to help you.
So for each person there's
388
00:17:22,050 --> 00:17:23,810
different things that it's
really helpful for.
389
00:17:23,810 --> 00:17:25,210
Like some people.
I'm never going to do any
390
00:17:25,210 --> 00:17:26,650
copywriting.
I don't do any copywriting in my
391
00:17:26,650 --> 00:17:27,609
business.
I don't need that.
392
00:17:27,890 --> 00:17:30,560
Fine, you don't need that.
And some people say, well, I'm
393
00:17:30,560 --> 00:17:32,960
never going to do any editing.
That's fine too.
394
00:17:33,760 --> 00:17:36,800
But it can help you in all of
these different ways that are
395
00:17:36,800 --> 00:17:38,160
really cool.
Like one of the things that a
396
00:17:38,160 --> 00:17:40,160
lot of people say, Chad G but
you can't write a book.
397
00:17:40,160 --> 00:17:42,200
It's so bad at it.
It's not true.
398
00:17:42,600 --> 00:17:45,360
You just have to really, really
be interactive.
399
00:17:45,880 --> 00:17:48,640
So I'll say, give me 7 ideas for
a book and I'll choose one that
400
00:17:48,640 --> 00:17:50,920
I find interesting.
So right away I'm interacting,
401
00:17:50,920 --> 00:17:53,240
right?
My decision has already closed
402
00:17:53,240 --> 00:17:56,080
off 6 paths.
And then I'll say tell me who's
403
00:17:56,080 --> 00:17:57,760
the main character.
I don't like that main
404
00:17:57,760 --> 00:17:58,760
character.
Do this.
405
00:17:59,250 --> 00:18:00,490
Who's the bad guy?
Who's the bad girl?
406
00:18:00,490 --> 00:18:02,050
Who's the villain?
Who's the love interest?
407
00:18:02,290 --> 00:18:04,930
What's the plot and going
through this process?
408
00:18:05,410 --> 00:18:07,530
It's very interactive, right?
I'm making decisions, I'm going,
409
00:18:07,530 --> 00:18:08,570
I like this.
I don't like that.
410
00:18:08,570 --> 00:18:10,330
If it's boring, I don't like it.
I remove it.
411
00:18:10,330 --> 00:18:13,250
And even as it's writing a book
for me, I read and go, I don't
412
00:18:13,250 --> 00:18:15,530
like how this ended.
How many people, right, Didn't
413
00:18:15,530 --> 00:18:18,730
like the way Titanic ended?
What if you at the end you could
414
00:18:18,730 --> 00:18:21,290
save Jack, right?
They can both fit on the door or
415
00:18:21,290 --> 00:18:22,610
whatever movie or whatever story
it is.
416
00:18:22,970 --> 00:18:25,690
That's really where the magic
is, is seeing.
417
00:18:26,390 --> 00:18:29,870
That you're a critical component
because every single person uses
418
00:18:29,870 --> 00:18:32,510
chat GB differently. 99% of
people using chat GB to get bad
419
00:18:32,510 --> 00:18:35,830
results because they don't.
There's not a lot of training.
420
00:18:35,830 --> 00:18:38,550
The one, the one challenge is
that the company's making a
421
00:18:38,550 --> 00:18:40,430
ioffer no training on how to do
good property right.
422
00:18:40,430 --> 00:18:42,670
They offer no input, like good
luck, right?
423
00:18:42,670 --> 00:18:44,390
They just push you in the pool
and you got to figure it out.
424
00:18:44,390 --> 00:18:49,110
So that's why there's a lot of
kind of lack of information and
425
00:18:49,110 --> 00:18:50,790
people are going well.
I tried it, it didn't work.
426
00:18:50,790 --> 00:18:53,470
Or they tried to do things that
it's not really good at, like
427
00:18:53,470 --> 00:18:55,830
Chat GB T is trained to seek
affirmation.
428
00:18:56,580 --> 00:19:00,180
So it's trained for a good job.
And Chad TBD thinks one prompt
429
00:19:00,180 --> 00:19:01,660
at a time.
So if you ask a question that
430
00:19:01,660 --> 00:19:05,060
requires 2 responses worth of
answer, it assumes there will
431
00:19:05,060 --> 00:19:07,500
never be a second question.
So he wants you to say something
432
00:19:07,500 --> 00:19:10,100
good the first time.
So that's why I will lie to you.
433
00:19:10,100 --> 00:19:12,940
There was recently a case of a
lawyer who he gave a bunch of
434
00:19:12,940 --> 00:19:15,060
fake cases and that's because he
asked the wrong question.
435
00:19:15,060 --> 00:19:19,100
He said, hey, tell me court
cases that prove X and Chad TBD
436
00:19:19,100 --> 00:19:21,980
doesn't want to say I don't have
those, because why It will get a
437
00:19:21,980 --> 00:19:23,940
negative response and the way
it's programmed.
438
00:19:24,590 --> 00:19:27,270
Is up or down.
It always seeks good jobs.
439
00:19:27,270 --> 00:19:29,070
Thank you.
Great job, good response.
440
00:19:29,350 --> 00:19:30,990
That's how it's trained.
That's how it's learning
441
00:19:30,990 --> 00:19:33,790
algorithm is trained.
So when it's caught in that
442
00:19:33,790 --> 00:19:36,190
position, it's like I can tell
you the truth and get a negative
443
00:19:36,190 --> 00:19:37,790
response, which I'm trained not
to do.
444
00:19:37,790 --> 00:19:39,630
I'm trained to always avoid
negative response.
445
00:19:40,150 --> 00:19:42,510
So you never want to ask a
question where you was wanted to
446
00:19:42,510 --> 00:19:45,030
prove something because it
doesn't have it.
447
00:19:45,030 --> 00:19:46,590
Like this is like if I asked my
kids, right?
448
00:19:46,590 --> 00:19:48,430
One of the one of my kids had a
toy for one of the other kids
449
00:19:48,430 --> 00:19:49,710
the other day and I asked him,
where's the toy goes?
450
00:19:49,750 --> 00:19:50,910
I don't know.
I guess my sister hit it.
451
00:19:52,630 --> 00:19:54,030
Why?
Because he wants to avoid a
452
00:19:54,030 --> 00:19:55,590
negative response.
Of course I figured out who
453
00:19:55,590 --> 00:19:57,830
really did and he was in more
trouble, but that's how chat to
454
00:19:57,830 --> 00:19:59,470
you, he thinks.
So the way it's learning out of
455
00:19:59,470 --> 00:20:01,830
his program is very childlike,
right?
456
00:20:01,830 --> 00:20:04,550
It's a very simple process.
Oh, I want, I only think, one
457
00:20:04,550 --> 00:20:07,630
prompt at a time, and I always
want the person to be happy with
458
00:20:07,630 --> 00:20:10,590
the result.
So when if you look kind of what
459
00:20:10,590 --> 00:20:12,590
response you want, if it doesn't
know, it's going to lie to you.
460
00:20:13,630 --> 00:20:16,470
Yeah, that's true.
And you know, like a couple of
461
00:20:16,470 --> 00:20:20,430
things, which I think I agree
with you on, Jonathan.
462
00:20:20,860 --> 00:20:24,340
And This is why even like big
names like Microsoft are calling
463
00:20:24,340 --> 00:20:29,420
these AI tools Copilot, because
you always need, you know the
464
00:20:29,420 --> 00:20:31,860
human interaction with with
them.
465
00:20:32,060 --> 00:20:34,940
They cannot, they cannot do
actions if you don't give the
466
00:20:34,940 --> 00:20:38,740
prompt or you don't give the the
end result that you want to to
467
00:20:38,740 --> 00:20:43,060
do.
And I've also seen myself how I
468
00:20:43,060 --> 00:20:48,500
can control, I mean through
correction, feedback.
469
00:20:49,370 --> 00:20:51,770
And yeah, I got the best results
when I did it this way.
470
00:20:52,130 --> 00:20:55,730
Now you mentioned something you
said not in the near future
471
00:20:55,730 --> 00:20:59,570
about, you know, like it needs
to have, you know, the human
472
00:20:59,690 --> 00:21:03,370
supervision let's say.
How do you think you know this A
473
00:21:03,370 --> 00:21:07,330
I in online business will evolve
in the next like let's say five
474
00:21:07,330 --> 00:21:09,290
years.
And what are the opportunities
475
00:21:09,290 --> 00:21:12,930
that we can start to foresee for
solopreneurs, entrepreneurs and
476
00:21:12,930 --> 00:21:16,330
anyone who's interesting
interested to have his or her
477
00:21:16,330 --> 00:21:18,810
own business?
Sure.
478
00:21:18,810 --> 00:21:21,730
I think the most important thing
is to realize that right now
479
00:21:21,730 --> 00:21:24,410
there's a ton of products that
are throwing a I on their name
480
00:21:24,410 --> 00:21:27,130
right now and they don't have
any artificial intelligence
481
00:21:27,130 --> 00:21:28,450
component.
They're just saying that.
482
00:21:28,890 --> 00:21:30,330
So there's kind of we're in the
first phase.
483
00:21:30,330 --> 00:21:32,450
We're in the phase where
everyone is just selling stuff
484
00:21:32,450 --> 00:21:34,090
that doesn't work.
And what's going to happen in
485
00:21:34,090 --> 00:21:37,050
about 6 months is those that's
going to fade away in 6 to 12
486
00:21:37,050 --> 00:21:39,570
months.
People start to realize these
487
00:21:40,010 --> 00:21:41,890
things, the promises of
something to make, like there's
488
00:21:41,890 --> 00:21:44,290
some things that say, oh, you
push one button, this will write
489
00:21:44,650 --> 00:21:47,970
A blog post, it will pass.
Google's algorithm test and it's
490
00:21:47,970 --> 00:21:50,890
like no, that's not true.
That's impossible because Google
491
00:21:50,890 --> 00:21:53,970
is very rich and their A, I will
always be smarter than your A I,
492
00:21:53,970 --> 00:21:56,450
right.
So if I have a billion dollar
493
00:21:56,450 --> 00:21:58,770
computer versus a $3000
computer, the billion dollar
494
00:21:58,770 --> 00:22:00,570
computer's going to win, right.
So that stuff, right.
495
00:22:00,570 --> 00:22:03,210
These really big promises.
The push button, push one button
496
00:22:03,210 --> 00:22:05,810
makes a website, writes the
content, finds the product,
497
00:22:05,810 --> 00:22:07,290
sells the product, makes money,
gives you money.
498
00:22:07,330 --> 00:22:10,210
That's never going to be real.
That's that kind of stuff is
499
00:22:10,210 --> 00:22:11,850
always been around.
So once that kind of fades when
500
00:22:11,850 --> 00:22:14,500
people go oh.
It's not a magic button When
501
00:22:14,500 --> 00:22:17,300
people see it as a calculator or
an accelerator tool.
502
00:22:17,300 --> 00:22:19,060
All calculator does help me do
math faster.
503
00:22:19,820 --> 00:22:21,740
With a pencil and paper I can do
division.
504
00:22:21,740 --> 00:22:25,140
I can do long division, right?
I can solve for the angle in the
505
00:22:25,140 --> 00:22:26,180
triangle I learned in high
school.
506
00:22:26,180 --> 00:22:27,780
Guess what?
Never done it as an adult
507
00:22:28,380 --> 00:22:30,460
because my calculator, my phone
can do it right?
508
00:22:30,460 --> 00:22:33,020
So it's become an accelerator
tool.
509
00:22:33,020 --> 00:22:34,300
All it does is help you do math
faster.
510
00:22:34,300 --> 00:22:36,020
If you don't know how to do
math, if you don't know what the
511
00:22:36,020 --> 00:22:39,380
symbols mean in equation, then
you can't put it into
512
00:22:39,380 --> 00:22:40,340
calculator.
It doesn't work.
513
00:22:40,700 --> 00:22:44,020
So that's the kind of important
part is that it becomes a tool
514
00:22:44,020 --> 00:22:45,940
you use.
So I think in about two years
515
00:22:46,780 --> 00:22:49,900
companies will go through
wanting people that are good at
516
00:22:49,900 --> 00:22:54,260
a I to not hiring people become
it will go kind of desired and
517
00:22:54,260 --> 00:22:55,940
then mandatory.
I think within two years it's
518
00:22:55,940 --> 00:22:59,660
going to be very hard to
accelerate in your career if you
519
00:22:59,660 --> 00:23:04,020
don't know how to use this tool.
And I think that more you know
520
00:23:04,020 --> 00:23:06,260
how like when you get hired for
a programming job, they ask you
521
00:23:06,260 --> 00:23:08,660
to do sample problems.
I think that it's going to get
522
00:23:08,660 --> 00:23:10,300
to the point where companies say
let me watch you.
523
00:23:10,760 --> 00:23:13,080
Do something with Chad TV.
Do this task and I'll look at
524
00:23:13,080 --> 00:23:15,080
your response on Chad TVI.
Think that's what will happen.
525
00:23:15,680 --> 00:23:18,520
The second thing that I think
will happen is that there's a
526
00:23:18,520 --> 00:23:22,520
good chance that the open source
versions beat the paid versions
527
00:23:22,520 --> 00:23:26,600
of A I There's already a free A
I that's beaten Chad TVD 3.5 on
528
00:23:26,600 --> 00:23:30,560
every single A I testing metric
and it's matched G PD4 on a
529
00:23:30,560 --> 00:23:34,240
couple of metrics.
Now of course Microsoft owns
530
00:23:34,240 --> 00:23:36,880
Open A I which owns Chad TV and
they're going to keep trying to
531
00:23:36,880 --> 00:23:38,910
stay ahead.
But I think there's a very good
532
00:23:38,910 --> 00:23:42,910
chance that there it's going to
become like the great equalizer.
533
00:23:42,910 --> 00:23:44,710
I think that it's going to
become, oh, everyone can have
534
00:23:44,710 --> 00:23:47,310
access to a free version of
this, right?
535
00:23:47,310 --> 00:23:49,870
It's not very expensive right
now and there's a lot of
536
00:23:49,870 --> 00:23:51,390
different versions being
created.
537
00:23:51,390 --> 00:23:54,270
Someone released a white paper
about a month ago saying no open
538
00:23:54,270 --> 00:23:56,790
source version will ever catch a
big company and two weeks later
539
00:23:56,790 --> 00:23:58,790
they were proven wrong.
I bet they wish they had to
540
00:23:58,790 --> 00:24:03,030
release that paper 2 weeks later
on a I to beat what they said.
541
00:24:03,590 --> 00:24:05,630
So I think there's kind of like
this big race.
542
00:24:06,010 --> 00:24:08,330
And what you There's a lot of
these people who own Ai's, like
543
00:24:08,330 --> 00:24:09,850
Google saying, oh, nobody should
use AI.
544
00:24:09,930 --> 00:24:12,170
You guys are the one of the
biggest AI companies, right?
545
00:24:12,370 --> 00:24:14,810
Microsoft is a big AI company.
Facebook has a big AI.
546
00:24:14,850 --> 00:24:17,010
And Nvidia's entire evaluation
is because they make the
547
00:24:17,010 --> 00:24:20,290
hardware that Ai's built on.
So all companies are kind of
548
00:24:20,290 --> 00:24:22,290
saying one thing like, oh, we
don't like AI, a lot of
549
00:24:22,290 --> 00:24:25,850
regulation, but also by our AI.
So I think that it's kind of a
550
00:24:25,850 --> 00:24:27,290
little bit of a gold rush time,
right?
551
00:24:27,290 --> 00:24:29,210
Like that everyone knows there's
a way to make money, but nobody
552
00:24:29,210 --> 00:24:31,890
knows how.
So there's the phase where
553
00:24:31,890 --> 00:24:33,820
everyone kind of.
Puts out fake stuff that doesn't
554
00:24:33,820 --> 00:24:34,780
really work and that's going to
end.
555
00:24:34,780 --> 00:24:37,140
And then it's going to become
the phase of, oh, I have to
556
00:24:37,140 --> 00:24:38,180
learn this.
It's not an option.
557
00:24:38,180 --> 00:24:40,020
And then there'll be a lot of
like you can go to college to
558
00:24:40,020 --> 00:24:42,100
learn a I, which is very silly.
It's like when people go to
559
00:24:42,100 --> 00:24:43,460
college, you get a social media
degree.
560
00:24:43,460 --> 00:24:44,820
I always know they're bad at
social media.
561
00:24:45,420 --> 00:24:46,900
Like nothing makes me not so
more.
562
00:24:46,900 --> 00:24:48,060
And they don't have a degree in
blog.
563
00:24:48,060 --> 00:24:50,140
I mean it took you four years to
learn how to write a blog post.
564
00:24:50,660 --> 00:24:54,420
That's very right.
So that's the thing.
565
00:24:54,420 --> 00:24:57,180
I've never seen like a famous
TikTok or famous Instagram
566
00:24:57,180 --> 00:24:59,340
person who's like, oh, I learned
how to do in college.
567
00:24:59,340 --> 00:25:00,660
I have a degree in Instagram.
Right.
568
00:25:00,660 --> 00:25:02,520
So that.
Is what?
569
00:25:02,520 --> 00:25:03,840
I don't think it's going to
work.
570
00:25:03,840 --> 00:25:05,400
I think there's going to be
attempts at that, but I think
571
00:25:05,400 --> 00:25:07,840
it's really, there's going to be
short trainings and people are
572
00:25:07,840 --> 00:25:09,480
going to start to go, oh,
companies will build it into
573
00:25:09,480 --> 00:25:13,040
their training processes and
will start to become ubiquitous.
574
00:25:13,040 --> 00:25:15,880
For the entrepreneur, the real
value is that whenever you're
575
00:25:15,880 --> 00:25:17,400
bad at the A, I can fill in the
gap.
576
00:25:18,280 --> 00:25:21,440
So things that I used to hire
someone for, I used to have full
577
00:25:21,440 --> 00:25:24,520
time graphics design workers on
my squad designing book covers
578
00:25:24,520 --> 00:25:27,720
for me and now I can do that
process on my own.
579
00:25:28,360 --> 00:25:31,560
Because I can be creative with a
visual a I right look with an
580
00:25:31,560 --> 00:25:33,280
image I write is a version of
stable diffusion.
581
00:25:33,280 --> 00:25:36,160
And it doesn't get mad if I go,
I hate this design.
582
00:25:36,160 --> 00:25:37,560
Make another one.
But if you know a graphic
583
00:25:37,560 --> 00:25:39,040
designer that you go, this is
terrible.
584
00:25:39,560 --> 00:25:42,800
Oh my gosh, they get very they
write as a whole emotional
585
00:25:42,800 --> 00:25:44,480
reaction because now you've
judged them as a human.
586
00:25:45,000 --> 00:25:49,000
So the ability to give feedback
and get revisions without an
587
00:25:49,000 --> 00:25:51,000
emotional component, without the
risk of hurting someone's
588
00:25:51,000 --> 00:25:54,800
feelings, it's really free.
So for the entrepreneur who
589
00:25:54,800 --> 00:25:56,880
wants to start a website, well,
what does the website need to
590
00:25:56,880 --> 00:25:58,200
have?
Chachi will tell you what.
591
00:25:58,440 --> 00:26:00,600
What kind of text do I need?
A new section?
592
00:26:00,600 --> 00:26:02,200
What do I need in the buds at
the top of the screen?
593
00:26:02,200 --> 00:26:04,400
What does the menu need to have?
Chachi will tell you.
594
00:26:04,880 --> 00:26:06,400
If you're trying to figure out
how to write a post for
595
00:26:06,400 --> 00:26:08,800
Craigslist to get your first
client, Chachi will tell you so.
596
00:26:08,800 --> 00:26:11,600
A lot of these small tasks that
seem insignificant but make a
597
00:26:11,600 --> 00:26:13,040
big deal.
I made all my first money on
598
00:26:13,040 --> 00:26:14,880
Craigslist.
I posted out on Craigslist
599
00:26:14,880 --> 00:26:16,280
offering search engine
opposition services.
600
00:26:16,280 --> 00:26:18,160
Some gave me $200.00.
Four days later, I spent that
601
00:26:18,160 --> 00:26:19,240
money on a course learning how
to do it.
602
00:26:19,640 --> 00:26:21,200
Change my life.
So.
603
00:26:21,590 --> 00:26:24,590
Something small can make a
really big difference, and
604
00:26:24,630 --> 00:26:26,590
that's where it's really going
to help people when they start
605
00:26:26,590 --> 00:26:28,270
to see.
This is a tool that can make me
606
00:26:28,270 --> 00:26:29,590
faster.
This is a tool that can fill in
607
00:26:29,590 --> 00:26:31,390
the gaps.
Like you don't need to learn
608
00:26:31,390 --> 00:26:32,910
programming anymore.
You never need to.
609
00:26:32,990 --> 00:26:36,030
Never, never, never does anyone
ever need to learn HTML ever
610
00:26:36,030 --> 00:26:39,070
again.
Now that stuff right?
611
00:26:39,070 --> 00:26:41,790
For a programmer, it can make a
programmer faster.
612
00:26:42,150 --> 00:26:44,430
So if you're a programmer and
you're designing code, there's
613
00:26:44,430 --> 00:26:48,190
now versions of of chat TV
that's on your computer
614
00:26:48,190 --> 00:26:50,470
connected to your API that will
write an entire like.
615
00:26:51,100 --> 00:26:53,460
Piece of code with all the
different pieces in it, right?
616
00:26:53,460 --> 00:26:55,780
Instead of doing one page at a
time, it would do all the
617
00:26:55,780 --> 00:26:57,860
different components that are
different files at once.
618
00:26:58,340 --> 00:27:00,980
It's really amazing.
And there's new versions coming
619
00:27:00,980 --> 00:27:02,620
out every day that are faster.
It can do more.
620
00:27:02,620 --> 00:27:04,660
So for some designs code that's
amazing.
621
00:27:04,660 --> 00:27:08,620
How about for debugging?
So when I was doing my building
622
00:27:08,620 --> 00:27:10,860
out my Python code, I kept
getting errors.
623
00:27:11,020 --> 00:27:12,620
All I do is copy and paste the
error to chat.
624
00:27:12,620 --> 00:27:15,740
GB tells me how to fix it.
I don't have tech support
625
00:27:15,740 --> 00:27:19,670
anymore so these things that.
Really slow you down.
626
00:27:19,670 --> 00:27:21,870
As a beginner, we go, I don't
know what to do.
627
00:27:22,590 --> 00:27:24,710
They're gone.
So I think that we're going to
628
00:27:24,710 --> 00:27:28,950
enter kind of a really cool era
where there's the people who run
629
00:27:28,950 --> 00:27:31,110
it first are going to have a
massive first mover advantage,
630
00:27:31,190 --> 00:27:32,070
right?
And then they're going to get
631
00:27:32,070 --> 00:27:34,990
jobs, teach the people how to
use it, right?
632
00:27:34,990 --> 00:27:37,310
And then once everyone knows how
to use it well, everyone's going
633
00:27:37,310 --> 00:27:38,710
to do stuff just a little bit
faster.
634
00:27:38,710 --> 00:27:40,910
So eventually it'll be like this
great equalizer, kind of like
635
00:27:40,910 --> 00:27:42,790
the Internet is right?
Anyone from any country can
636
00:27:42,790 --> 00:27:44,670
start a website that has access
to the whole world.
637
00:27:45,670 --> 00:27:47,580
So I think.
The future is really fine.
638
00:27:47,580 --> 00:27:51,980
I think it's a really exciting
time because everyone is having
639
00:27:51,980 --> 00:27:54,740
access to amazing tools like the
best AI tools are the cheapest.
640
00:27:55,980 --> 00:28:00,220
That's what's, yeah, great.
Just on the point you mentioned
641
00:28:00,220 --> 00:28:03,980
about like a lot of companies,
they claim they have AI powered
642
00:28:03,980 --> 00:28:07,740
products.
I advise everyone who's watching
643
00:28:07,740 --> 00:28:11,580
or listening to us.
I recorded an episode just about
644
00:28:11,580 --> 00:28:15,820
that episode 144 saying, you
know.
645
00:28:17,140 --> 00:28:20,460
You you go listen.
But it's called Busting Tech
646
00:28:20,460 --> 00:28:25,340
Myth demystifying a I vendor
claims and I explain what
647
00:28:25,340 --> 00:28:29,220
questions you need to ask for
anyone who comes to you saying,
648
00:28:29,220 --> 00:28:31,580
hey I have an A I powered
product.
649
00:28:31,580 --> 00:28:36,100
So episode 144.
I advice you to listen to it and
650
00:28:36,100 --> 00:28:38,540
you know because Jonathan is
very right on that everyone's
651
00:28:38,660 --> 00:28:41,580
trying to get on on this gold
rush as they say.
652
00:28:43,410 --> 00:28:46,090
Because we discussed ChatGPT a
lot and you mentioned like
653
00:28:46,090 --> 00:28:49,930
stable diffusion, but you know
what other you know tools or
654
00:28:49,930 --> 00:28:56,050
platforms you know you can
advise for people to also have a
655
00:28:56,050 --> 00:28:58,010
look at.
Sure.
656
00:28:58,490 --> 00:29:00,650
The most important thing to
understand is that there's only
657
00:29:00,650 --> 00:29:03,410
two types of AI right now.
There's LLM, which is large
658
00:29:03,410 --> 00:29:05,130
language model.
That's what ChatGPT is.
659
00:29:05,130 --> 00:29:09,210
That's what Google's thing is,
that's text in, text out, so.
660
00:29:09,780 --> 00:29:12,340
Anything that's text and text
out, and 90% of the software
661
00:29:12,340 --> 00:29:14,980
that says they're text and text
out, they're just using Chat GD
662
00:29:14,980 --> 00:29:17,060
in their back end.
They just have the API access
663
00:29:17,060 --> 00:29:18,860
which guess what, I pay $20.00 a
month.
664
00:29:18,860 --> 00:29:21,820
I have the same APII can build
my own software using Chat GB 4
665
00:29:22,140 --> 00:29:24,620
just like those brands.
So the core thing, not
666
00:29:24,620 --> 00:29:26,780
expensive.
So that's the first tool I
667
00:29:26,780 --> 00:29:28,260
recommend, Chat GB.
The free version's good,
668
00:29:28,260 --> 00:29:30,060
playground's amazing.
If you don't have a big budget,
669
00:29:30,060 --> 00:29:32,340
no problem.
The second thing to understand
670
00:29:32,340 --> 00:29:36,100
is that every single text to
image and text to video, they're
671
00:29:36,100 --> 00:29:39,310
all using stable diffusion.
Every single service, whether
672
00:29:39,310 --> 00:29:42,030
they charge $10 a month or 1000,
it's all stable diffusion, and
673
00:29:42,030 --> 00:29:45,470
stable diffusion is free.
If you have a Mac, it's not
674
00:29:45,470 --> 00:29:46,990
going to work very good.
I have a Mac, which means I
675
00:29:46,990 --> 00:29:49,590
don't have a graphics card, so
it doesn't work very well.
676
00:29:49,590 --> 00:29:52,990
It's very slow, but if you have
like a gaming PC or PC with a
677
00:29:52,990 --> 00:29:56,510
graphics card in it, then you
can do stable Diffusion locally.
678
00:29:56,510 --> 00:29:58,590
Now if you want to rent a
computer, you can rent one of
679
00:29:58,590 --> 00:30:00,990
the faster computers in the
world for about $3.00 an hour to
680
00:30:00,990 --> 00:30:04,310
run stable Diffusion Online.
So it's very much affordable.
681
00:30:04,790 --> 00:30:07,350
And it's ubiquitous and that
there's a lot of really cool
682
00:30:07,350 --> 00:30:09,470
tools out there.
I'm a big fan of Mid Journey.
683
00:30:09,470 --> 00:30:11,670
I do a lot with Mid Journey.
It's the first one I started
684
00:30:11,670 --> 00:30:12,590
with.
It's very good and I like
685
00:30:12,590 --> 00:30:15,990
Leonardo a I Leonardo lets you
do about 150 images a day, free
686
00:30:15,990 --> 00:30:18,630
every single day.
So they have a really great free
687
00:30:18,630 --> 00:30:21,350
plan.
And they, I think they're
688
00:30:21,350 --> 00:30:23,630
possibly the future for power
users because they're at, they
689
00:30:23,630 --> 00:30:26,030
have a lot of really advanced
tools that are a little bit
690
00:30:26,030 --> 00:30:27,950
overwhelming for beginner.
Mid Journey is very beginner
691
00:30:27,950 --> 00:30:29,070
friendly.
That's why I like it, because I
692
00:30:29,070 --> 00:30:32,950
don't always need to really have
a deep discussion about like.
693
00:30:33,450 --> 00:30:34,530
The complexity of the graphic,
right?
694
00:30:34,530 --> 00:30:38,330
I just want it to look good.
So Mid Journey is a little bit
695
00:30:38,530 --> 00:30:41,570
more user friendly.
Whereas with Leonardo, which is
696
00:30:41,570 --> 00:30:45,290
great, it's free, you can have a
lot of variations, It gives you
697
00:30:45,290 --> 00:30:46,970
a bunch of different engines to
choose from, but they're all
698
00:30:46,970 --> 00:30:49,490
built on stable diffusion.
The only difference, the reason
699
00:30:49,490 --> 00:30:51,850
you pay a service, is that
they're using their computer to
700
00:30:51,850 --> 00:30:53,650
do the rendering instead of
using your computer.
701
00:30:55,290 --> 00:31:00,040
Yeah, that's great.
Just out of curiosity and
702
00:31:00,040 --> 00:31:07,160
something not related to to a I,
Jonathan, you know like how do
703
00:31:07,160 --> 00:31:10,880
you manage really because you
know when I was preparing you
704
00:31:10,880 --> 00:31:16,280
have authored 300 books and you
know you did ghostwriting and
705
00:31:16,600 --> 00:31:18,880
how do you manage the time
running between all these
706
00:31:18,880 --> 00:31:23,800
businesses?
So I'm really good at writing
707
00:31:24,440 --> 00:31:26,840
and I actually a year and a half
ago said.
708
00:31:27,350 --> 00:31:29,150
I'm not taking any more
ghostwriting clients.
709
00:31:29,630 --> 00:31:31,870
And my friend Debbie, who is my
business partner in a couple of
710
00:31:31,870 --> 00:31:33,510
my A I projects, she sent me a
message.
711
00:31:33,510 --> 00:31:36,150
A couple weeks later she goes,
you're writing A blog post every
712
00:31:36,150 --> 00:31:37,910
day.
You can't stop writing, can you?
713
00:31:37,910 --> 00:31:39,270
And I realize, Oh my gosh, she's
right.
714
00:31:39,270 --> 00:31:42,110
If I'm not writing books, I
can't, I can't resist it.
715
00:31:42,390 --> 00:31:45,190
So it's kind of everyone has the
thing that they're really good
716
00:31:45,190 --> 00:31:47,670
at.
So what I'm really good at, and
717
00:31:47,670 --> 00:31:49,310
the reason I still take
ghostwriting clients after all
718
00:31:49,310 --> 00:31:53,430
this time, is that I can talk to
someone and find the perfect
719
00:31:53,430 --> 00:31:55,880
story.
And sometimes it takes a little
720
00:31:55,880 --> 00:31:58,160
digging, but I have that moment
where I go, Oh my gosh, I'm
721
00:31:58,160 --> 00:32:00,400
still really good at this.
And then we create this amazing
722
00:32:00,400 --> 00:32:02,760
story that they released and
becomes a bestseller and they're
723
00:32:02,760 --> 00:32:04,080
very excited because there's
stories out there.
724
00:32:04,680 --> 00:32:07,880
So part of it is that I work
every day.
725
00:32:07,880 --> 00:32:10,240
I remember my dad gave me a
piece of advice a few years ago
726
00:32:10,720 --> 00:32:14,200
and he said to me, don't work
more than 6 1/2 days a week.
727
00:32:14,480 --> 00:32:16,560
And that's when you know you're
2 generations of workaholic.
728
00:32:16,560 --> 00:32:19,160
When he's like take off half a
day, once a week, right?
729
00:32:19,160 --> 00:32:21,200
Like most people want to work
five days take off too.
730
00:32:21,770 --> 00:32:24,810
And I made this decision a
really long time ago to work
731
00:32:24,810 --> 00:32:26,690
seven days a week, but five
hours a day.
732
00:32:27,290 --> 00:32:29,170
So I work 35 hours a week
instead of 40.
733
00:32:29,170 --> 00:32:31,850
And it's like, well, it give me
a little bit more space.
734
00:32:31,850 --> 00:32:34,050
And I, you know, I have 4 kids,
they're home a lot.
735
00:32:34,050 --> 00:32:36,010
One of my rules is that the kids
ask me to go swimming.
736
00:32:36,010 --> 00:32:37,530
I always have to say yes, no
matter what.
737
00:32:38,050 --> 00:32:40,330
That's one of the kind of things
to stop myself.
738
00:32:40,330 --> 00:32:41,450
Is there too much time in the
computer?
739
00:32:41,970 --> 00:32:44,210
And it's why I do most of these
calls at night, because they're
740
00:32:44,210 --> 00:32:46,130
asleep and there's no chance.
I'm saying, dad, midnight swim
741
00:32:47,050 --> 00:32:49,410
part of it.
But the most important thing,
742
00:32:49,410 --> 00:32:50,530
and the thing I understand is
that.
743
00:32:51,050 --> 00:32:53,450
It's not about how smart I am.
It's not about how lucky I am.
744
00:32:54,050 --> 00:32:56,690
It's just that I get up every
day and I move the ball forward
745
00:32:56,690 --> 00:32:59,090
a little bit.
Whatever I'm working on, any
746
00:32:59,090 --> 00:33:01,530
project, there's going to be
downs.
747
00:33:01,530 --> 00:33:04,170
And when I with the thing about
chat TV, the really cool thing
748
00:33:04,170 --> 00:33:07,490
is that it protects you from the
sunk cost fallacy, which is
749
00:33:07,490 --> 00:33:10,010
where you spend six months on an
idea and it doesn't work and you
750
00:33:10,010 --> 00:33:12,290
go, I got to do three more
months, I got to do 3 months.
751
00:33:12,290 --> 00:33:13,770
Now it's a year and you go
because I don't want to say I
752
00:33:13,770 --> 00:33:16,810
wasted six months of my life.
The cool things with a I you can
753
00:33:16,810 --> 00:33:19,460
test ideas faster.
You can create something in a
754
00:33:19,460 --> 00:33:22,140
day or in a couple of days that
used to take weeks or months, so
755
00:33:22,140 --> 00:33:24,540
you're not emotionally invested.
I had an idea a couple months
756
00:33:24,540 --> 00:33:26,900
ago that was a bad idea.
I tried something, didn't work
757
00:33:27,300 --> 00:33:28,900
it only I spent about 3 hours on
it.
758
00:33:28,900 --> 00:33:30,300
So I didn't become emotionally
invested.
759
00:33:30,820 --> 00:33:34,740
So that's really important thing
is to be consistent and just
760
00:33:34,740 --> 00:33:36,500
always say I'm just going to
move the ball forward a little
761
00:33:36,500 --> 00:33:41,220
bit, whatever you're doing.
A lot of people say, oh, I have
762
00:33:41,220 --> 00:33:43,900
a great job, Why would I start a
side business or anything?
763
00:33:43,900 --> 00:33:46,740
And then they found out two
years ago, that's why how many
764
00:33:46,740 --> 00:33:49,160
people lost their jobs?
It's not their fault.
765
00:33:49,160 --> 00:33:51,280
Most of the time.
After you're 30, if you lose
766
00:33:51,280 --> 00:33:54,160
your job, it's not your fault.
How many people have lost their
767
00:33:54,160 --> 00:33:57,960
jobs because the CEO spent money
on something weird?
768
00:33:58,040 --> 00:34:00,320
Like, right, how many people
lost all their money because a
769
00:34:00,320 --> 00:34:02,720
huge crypto exchange turned out,
they stole all the money, all
770
00:34:02,720 --> 00:34:03,800
disappeared, or whatever
happened.
771
00:34:03,800 --> 00:34:05,440
It's not your fault and everyone
loses their job.
772
00:34:05,920 --> 00:34:08,400
Or a large company CEO really
loves private jets.
773
00:34:08,400 --> 00:34:11,159
Like you know that if the CEO
has a bunch of statues of
774
00:34:11,159 --> 00:34:13,280
private jets in his office, you
definitely shouldn't invest in
775
00:34:13,280 --> 00:34:14,960
that company because it's not.
You don't want your money to
776
00:34:15,320 --> 00:34:18,989
your jets, so most of the time.
It's not your fault, right?
777
00:34:18,989 --> 00:34:20,590
Something happens, your boss
makes a mistake.
778
00:34:20,590 --> 00:34:22,870
Because if it's you or me, I
have employees.
779
00:34:22,909 --> 00:34:25,270
If my kids have a medical bill
and I can either pay my employee
780
00:34:25,270 --> 00:34:27,710
or fire my employee, pay the
kids medical bill, I'm going to
781
00:34:27,710 --> 00:34:28,870
take care of my family.
That's our Buddhist.
782
00:34:28,870 --> 00:34:31,030
We're all at a certain level
selfish.
783
00:34:31,030 --> 00:34:33,750
So you have to look out for
yourself and create these
784
00:34:33,750 --> 00:34:36,710
revenue streams just so you have
a little bit of a buffer, just
785
00:34:36,710 --> 00:34:38,070
have a little bit more breathing
room.
786
00:34:38,590 --> 00:34:43,190
And that's really the important
part is to say I'm just going to
787
00:34:43,190 --> 00:34:46,230
put in a little bit of time
every day if you do that and
788
00:34:46,230 --> 00:34:49,350
success becomes inevitable.
My first idea wasn't a good one.
789
00:34:49,350 --> 00:34:51,790
No, it was my second.
My 70th idea was a really good
790
00:34:51,790 --> 00:34:53,469
one, and my 120th idea were
really good.
791
00:34:54,070 --> 00:34:56,310
But there's a lot of bad ideas
or ideas that didn't work out in
792
00:34:56,310 --> 00:34:58,310
between.
That's very important to not
793
00:34:58,310 --> 00:35:01,070
compare your what's happening
backstage, what's happening in
794
00:35:01,070 --> 00:35:03,590
front stage, right?
All you can see is this tiny
795
00:35:03,590 --> 00:35:05,030
window of my room.
You don't know what's going on
796
00:35:05,030 --> 00:35:06,150
over there.
You don't know what's happening
797
00:35:06,150 --> 00:35:07,950
downstairs.
You guys don't know what's
798
00:35:07,950 --> 00:35:09,670
happening in the rest of my
life.
799
00:35:09,710 --> 00:35:12,110
So just realize I'm still a real
person.
800
00:35:12,110 --> 00:35:14,230
I still have disagreements with
my wife.
801
00:35:14,230 --> 00:35:16,990
Sometimes my kids shout at me.
I'm real and.
802
00:35:17,490 --> 00:35:21,930
It's very important to not
confuse someone's stage presence
803
00:35:21,930 --> 00:35:24,370
with their real life because
everyone has real struggles and
804
00:35:24,370 --> 00:35:27,490
real challenges.
So the bad day, it's okay, It's
805
00:35:27,490 --> 00:35:30,010
just part of the process.
So honestly, it's just
806
00:35:30,010 --> 00:35:31,690
consistency.
That's like the secret, just
807
00:35:31,690 --> 00:35:33,490
kind of every day and say I'm
going to put in an hour, I'm
808
00:35:33,490 --> 00:35:35,010
going to put in two hours,
whatever you have.
809
00:35:35,570 --> 00:35:37,450
And over time you'll start to
build something really good.
810
00:35:38,610 --> 00:35:41,050
Yeah, I I love that.
I love this about the
811
00:35:41,050 --> 00:35:44,920
consistency part now just.
You know, as we are approaching
812
00:35:44,920 --> 00:35:48,320
to the end, I know that you have
your own podcast also Jonathan,
813
00:35:48,320 --> 00:35:53,520
and you know like you have over
than 250 episodes how podcasting
814
00:35:53,520 --> 00:35:56,360
complemented your business.
I'm interested because, you
815
00:35:56,360 --> 00:35:59,560
know, people sometimes ask me
why I have my own podcast and
816
00:35:59,560 --> 00:36:02,880
what is the most valuable lesson
you've learned from one of your
817
00:36:02,880 --> 00:36:06,760
guests.
So I launched my podcast in 2016
818
00:36:07,520 --> 00:36:10,480
doing 5 episodes a week by
myself, pure audio.
819
00:36:10,600 --> 00:36:13,880
And I did that because.
I only had one book, and I said
820
00:36:13,920 --> 00:36:18,280
I need to keep people busy in
between my products or in
821
00:36:18,280 --> 00:36:20,760
between my next book.
So it's a way to have people
822
00:36:20,760 --> 00:36:22,920
engage with me during time.
That was my original purpose.
823
00:36:22,920 --> 00:36:25,280
When you're first starting out,
you're not going to make money
824
00:36:25,280 --> 00:36:26,920
from your first couple episodes
of your podcast.
825
00:36:26,920 --> 00:36:29,760
Ryan takes a while to grow it.
But it can be a really great way
826
00:36:29,760 --> 00:36:32,400
for people to get to know you,
for you to talk about smaller
827
00:36:32,400 --> 00:36:35,160
topics or to dial into things
that are important to you and
828
00:36:35,160 --> 00:36:38,600
for people who like you to
follow you in between your
829
00:36:38,600 --> 00:36:40,160
bigger projects.
Right, Because it takes a long
830
00:36:40,160 --> 00:36:41,920
time to write a book or create a
course or.
831
00:36:42,470 --> 00:36:44,270
The other things you're working
on, so that's one of the biggest
832
00:36:44,270 --> 00:36:48,270
values for me now.
I switched to just like you're
833
00:36:48,270 --> 00:36:52,470
doing the interview model simply
because I couldn't, you know, I
834
00:36:52,470 --> 00:36:54,870
couldn't do five episodes a week
by myself and I couldn't even do
835
00:36:54,870 --> 00:36:56,030
one episode by my week because
it's.
836
00:36:56,310 --> 00:36:57,950
I already do so much content on
my own.
837
00:36:57,950 --> 00:37:01,390
I write my social media content
and my videos that this is a
838
00:37:01,390 --> 00:37:04,390
great way to meet other people
and kind of have ideas and
839
00:37:04,390 --> 00:37:07,230
interact with the people.
So there's a lot of value for
840
00:37:07,230 --> 00:37:09,590
the connection elements as well.
So I think those are really good
841
00:37:09,590 --> 00:37:11,380
parts of it.
Because you meet other people
842
00:37:11,380 --> 00:37:13,860
that are very interesting and
you see different perspectives
843
00:37:13,900 --> 00:37:17,140
and kind of forces you to not
spend all of your time on your
844
00:37:17,140 --> 00:37:19,820
computer by yourself, just
having ideas and not checking to
845
00:37:19,820 --> 00:37:23,700
see if they're good ideas.
Yeah, that's great insight.
846
00:37:23,700 --> 00:37:27,100
And this is exactly also I think
we shared this incoming and you
847
00:37:27,100 --> 00:37:28,940
know This is why I would say it
now.
848
00:37:29,100 --> 00:37:33,020
I started this year by the way
and I was doing seven days a
849
00:37:33,020 --> 00:37:35,650
week.
But you know, people start
850
00:37:35,650 --> 00:37:38,370
telling me, hey, we cannot
follow, can you slow down.
851
00:37:38,570 --> 00:37:40,170
So now I'm doing five days a
week.
852
00:37:40,170 --> 00:37:43,610
I was doing a mixed still
between a solo audio only
853
00:37:44,610 --> 00:37:48,410
episode plus three to four per
per week.
854
00:37:48,410 --> 00:37:52,330
I mean as interviews people
missed start to miss the audio
855
00:37:52,330 --> 00:37:54,050
one.
So maybe I will return to that
856
00:37:54,050 --> 00:37:57,730
at some stage, Yeah.
But again as you said like it's
857
00:37:57,810 --> 00:38:01,130
something that opened a lot of
opportunities to me get
858
00:38:01,130 --> 00:38:03,700
connected with.
People like yourself, Jonathan,
859
00:38:03,780 --> 00:38:07,300
you know, like and a lot of, you
know, great conversations I
860
00:38:07,300 --> 00:38:09,260
learned from every episode.
I learned something new.
861
00:38:09,300 --> 00:38:11,220
So for me, it's a learning
journey.
862
00:38:11,220 --> 00:38:15,780
I would say, Jonathan, as we
come to the end, I have a famous
863
00:38:15,780 --> 00:38:18,180
question.
Maybe it's funny, but what
864
00:38:18,180 --> 00:38:21,540
question you wished I asked you
and how you'd answer it.
865
00:38:25,620 --> 00:38:27,700
I mean, I think you asked really
good questions this time.
866
00:38:27,700 --> 00:38:29,180
There wasn't something totally
missing.
867
00:38:29,940 --> 00:38:31,700
There's why we talked about
things I want to talk about.
868
00:38:32,280 --> 00:38:36,080
I think that the most important
question to ask is what's
869
00:38:36,360 --> 00:38:38,240
probably what are the biggest
mistakes you've made?
870
00:38:39,080 --> 00:38:41,080
Because so often we think that
people that have make no
871
00:38:41,080 --> 00:38:42,600
mistakes.
So you asked me that.
872
00:38:42,600 --> 00:38:44,640
I would say some of the biggest
mistakes I made were not
873
00:38:44,640 --> 00:38:48,240
listening to the advice of other
people and trying ideas and
874
00:38:48,840 --> 00:38:50,920
ignoring the signs It wasn't
going to work right.
875
00:38:50,920 --> 00:38:52,080
I built software that didn't
work.
876
00:38:52,080 --> 00:38:53,720
I built an app that never got
launched.
877
00:38:54,480 --> 00:38:56,240
I built several different
websites and never went
878
00:38:56,240 --> 00:38:57,440
anywhere.
They were bad ideas.
879
00:38:57,840 --> 00:39:00,190
So I think.
It's important to know that
880
00:39:00,270 --> 00:39:02,710
everyone makes mistakes and
you're going to make mistakes.
881
00:39:02,910 --> 00:39:06,310
The reason people like, quit,
whether it's dieting or anything
882
00:39:06,310 --> 00:39:07,790
else, they go, oh, I made one
mistake.
883
00:39:07,790 --> 00:39:09,270
I guess I'm not going to diet
anymore, right?
884
00:39:09,590 --> 00:39:11,630
Oh, I made a mistake.
I guess I'm not an entrepreneur
885
00:39:11,630 --> 00:39:13,470
anymore.
That's not how it works.
886
00:39:13,510 --> 00:39:16,990
How many people have lost or run
a business into the ground and
887
00:39:16,990 --> 00:39:18,830
cleared bankruptcy and then
become a billionaire again,
888
00:39:19,350 --> 00:39:23,590
right.
So it's always about the
889
00:39:23,590 --> 00:39:26,910
journey, not about the moment.
So just knowing that I've made
890
00:39:26,910 --> 00:39:29,070
big mistakes.
I made dumb moves.
891
00:39:29,430 --> 00:39:30,790
Friend of mine.
I'll take my biggest thing.
892
00:39:30,790 --> 00:39:32,710
Friend of mine said hey I'm
launching a company.
893
00:39:33,030 --> 00:39:34,950
I want you to be the first
person to test the software.
894
00:39:34,950 --> 00:39:38,150
I said sounds like a dumb idea.
It's like a $50 billion company
895
00:39:38,150 --> 00:39:41,190
now.
So that's probably he was like,
896
00:39:41,190 --> 00:39:42,990
I want you to be the first
person to test and I said dumb
897
00:39:42,990 --> 00:39:46,510
idea, I was wrong.
Yeah this is mistakes.
898
00:39:46,510 --> 00:39:50,230
Is how we we we we learn
actually and it's all about
899
00:39:50,230 --> 00:39:54,990
consistency and perseverance and
you know keep keep as you said
900
00:39:54,990 --> 00:39:57,630
like keep the ball rolling every
day little bit.
901
00:39:58,140 --> 00:40:04,420
And you know, I hint from my
side guys, when try to document
902
00:40:04,420 --> 00:40:09,620
what you do and maybe in one
week you think that I didn't do
903
00:40:09,620 --> 00:40:12,420
anything, maybe even in one
month you think that I didn't do
904
00:40:12,420 --> 00:40:14,940
anything.
But believe me, you come back
905
00:40:15,220 --> 00:40:18,620
and you say after four or five
months, Oh my God, you said I
906
00:40:18,620 --> 00:40:21,380
did all this.
Wow, you should, you should be
907
00:40:21,380 --> 00:40:24,900
proud of yourself.
So, you know, 100% I agree with
908
00:40:24,900 --> 00:40:27,360
with Jonathan here, Jonathan.
Really, I enjoyed the
909
00:40:27,360 --> 00:40:29,480
conversation.
It was very active.
910
00:40:29,840 --> 00:40:35,280
I hope you know we could do like
more episodes in in the future
911
00:40:35,280 --> 00:40:38,480
about maybe something also
related to solopreneurship and A
912
00:40:38,480 --> 00:40:40,800
I and all this stuff.
I really enjoyed the
913
00:40:40,800 --> 00:40:44,880
conversation and I'm sure that
you know the audience even
914
00:40:45,080 --> 00:40:48,080
either they are listening or
watching this on YouTube, they
915
00:40:48,080 --> 00:40:50,680
will love this as well.
Thank you very much for your
916
00:40:50,680 --> 00:40:54,120
time today and for the audience
if you have any questions as
917
00:40:54,120 --> 00:40:56,260
usual.
For me or for Jonathan?
918
00:40:56,260 --> 00:40:59,980
You can reach out to me by
e-mail, Twitter or LinkedIn.
919
00:41:00,220 --> 00:41:02,740
If you are interested to be a
guest also reach out to me.
920
00:41:02,780 --> 00:41:05,780
We did that before with other
guests and we had a great
921
00:41:05,780 --> 00:41:08,500
conversation.
So I'm looking for anyone who
922
00:41:08,500 --> 00:41:13,140
has a story to tell related to
tech entrepreneurship.
923
00:41:13,340 --> 00:41:16,700
You know it might be not related
to tech Over the show name is
924
00:41:16,820 --> 00:41:20,340
CTO show, yes, but I believe
like in startup
925
00:41:20,340 --> 00:41:22,260
entrepreneurships, young
entrepreneurs.
926
00:41:22,650 --> 00:41:25,410
You need a space to come and
tell us what they are trying to
927
00:41:25,410 --> 00:41:27,770
do or someone has created
something cool.
928
00:41:27,770 --> 00:41:31,570
You need a space to mention it.
Please reach out to me.
929
00:41:31,730 --> 00:41:35,810
I'll be more than happy to get
you as a guest with me.
930
00:41:35,810 --> 00:41:38,010
Thank you very much.
And we'll meet in the next
931
00:41:38,010 --> 00:41:38,730
episode.
Thank you.
932
00:41:38,730 --> 00:41:39,130
Bye.
Bye.
933
00:41:40,650 --> 00:41:44,050
Hit that subscribe button, share
the show with your tech savvy
934
00:41:44,050 --> 00:41:47,490
friends and fellow entrepreneurs
and leave us a review on your
935
00:41:47,490 --> 00:41:51,290
favorite podcast app.
Your support means the world to
936
00:41:51,370 --> 00:41:51,770
us.