AI transcript
0:00:04 And if it becomes a big thing,
0:00:10 I think that this is probably one of the bigger wealth creation moments in AI.
0:00:23 So we’re doing a special pod because Greg was on the pod
0:00:25 where he showed me all these cool tools that he was using.
0:00:27 Then at the end of the pod, he was like,
0:00:30 by the way, did you see that ChatGPT now has a new app store?
0:00:31 And I said, no, I didn’t.
0:00:32 Let’s just record.
0:00:34 And I want you to show me what’s going on with the new ChatGPT store.
0:00:35 And because this is my first million,
0:00:39 if you can tell me a bunch of interesting business ideas
0:00:41 that you see within the realm of the ChatGPT store,
0:00:44 because a lot of people don’t know this,
0:00:46 but I guess they could surmise this.
0:00:48 But when the app store first came out,
0:00:51 a bunch of the biggest businesses came about
0:00:52 because they were early.
0:00:53 They were first.
0:00:54 That is true.
0:00:57 So let me give you a breakdown of what happened,
0:00:57 why it’s important.
0:01:02 And I can share a bunch of ideas that I think people should steal.
0:01:06 Let me first talk about what was announced.
0:01:10 So the other day, Sam Altman talked, it was Dev Day,
0:01:13 so OpenAI’s big developer conference.
0:01:16 He launched the ChatGPT app store.
0:01:22 And he gives this example of using Figma in ChatGPT,
0:01:23 which is the design tool.
0:01:25 And he says, turn this sketch,
0:01:28 like something that he drew out into a workable diagram.
0:01:29 And it was able to do it.
0:01:31 Yeah, it’s absolutely crazy.
0:01:36 So the ability to use apps within ChatGPT,
0:01:42 basically turning ChatGPT into like a mini internet, right?
0:01:46 You don’t need to leave ChatGPT if you can just connect to apps.
0:01:54 The other example he, one of his teams gave was like Coursera,
0:01:55 the course platform.
0:01:59 Coursera, can you teach me something about machine learning?
0:02:02 It connects to Coursera.
0:02:04 You have to connect with it.
0:02:06 So you actually have to like log into it.
0:02:09 So you can see here, if you’re watching this on video,
0:02:14 it shows like how ChatGPT uses data, apps may introduce risk,
0:02:15 data is shared with the apps.
0:02:18 And then it creates this canvas where you can actually,
0:02:22 like instead of, you know, it used to be ChatGPT was only text.
0:02:27 Now ChatGPT has this canvas that you can actually consume content in a more visual way.
0:02:31 There’s two ways to basically find some of these applications.
0:02:34 One is you add it and the other one is,
0:02:38 and the way, the one I’m way more excited about is you just use ChatGPT normally
0:02:42 and you say like, imagine I didn’t add Coursera here.
0:02:45 And I said, I want to learn about machine learning
0:02:49 and it just brings up Coursera as a potential app.
0:02:50 And that’s the opportunity, right?
0:02:53 Because if someone listening to this could actually build an app
0:02:55 so that it shows up when you ask it a question,
0:03:00 one of the things that Sam Altman mentioned the other day
0:03:05 was he announced that ChatGPT has 800 million weekly active users.
0:03:10 So you can get in front of 800 million people every single week
0:03:12 and sell them something.
0:03:14 Wow. Okay, this is awesome.
0:03:16 I just typed in on ChatGPT, I said,
0:03:20 how do I turn a drawing into a Figma?
0:03:22 And then I added the Figma and it told me how to do it.
0:03:23 Okay, that’s awesome.
0:03:27 Yeah, or here, I’ll just throw, I’ll do one live for fun.
0:03:33 Design a new logo for my podcast.
0:03:38 The Startup Ideas podcast.
0:03:42 Oh, I forgot to, like, I forgot to mention who I want.
0:03:45 So I want, I think Canva, yeah, Canva was one of them.
0:03:52 So Canva, the $47 billion, you know, design tool is one of the launch partners.
0:03:55 It connects to the app and then you just log in
0:04:01 and it’ll literally design a logo within ChatGPT using Canva’s software.
0:04:04 All right, there it is.
0:04:04 There it is.
0:04:08 You know, I would give it a 6.5 on 10.
0:04:11 But, you know, it’s something that I can iterate with
0:04:15 and it’s not something that you’re going to one prompt yet,
0:04:20 but it is something that, you know, look, it says review and select one to continue editing.
0:04:22 And then the font is so weird on some of them.
0:04:24 It looks like it’s a misspell, but it’s not.
0:04:25 I’ve never experienced that before.
0:04:27 Look at the one on the third from the right.
0:04:28 Yeah.
0:04:36 That sometimes happens with AI design is like the, the, the fonts a bit wonky.
0:04:39 So you do, you, you, you have to, again, like not one prompt it.
0:04:41 It’s going to take multiple prompts, but like, this isn’t bad.
0:04:44 And that also took like two seconds.
0:04:46 Like I can make this better.
0:04:47 That’s awesome.
0:04:51 All right, guys, here’s the thing about side hustles.
0:04:55 Everyone wants one, but most people overthink about it
0:04:59 and they never actually launch anything, but because of AI,
0:05:03 you can go from idea to your first sale in only seven days.
0:05:08 My old company, the hustle, they just dropped an AI side hustle crash course.
0:05:12 So basically what the hustle did was they looked at things that me and Sean
0:05:15 and HubSpot CMO Kit Bounder, they look at stuff that we said,
0:05:19 and they broke it all down into simple bite-sized steps,
0:05:23 which means you’re going to get a guide that gives you everything you need
0:05:26 to launch a side hustle without any of the guesswork.
0:05:28 So you can get it right now.
0:05:31 You can scan the QR code or click the link in the description.
0:05:33 Now, back to the show.
0:05:35 So that was the announcement.
0:05:38 Zillow was another one, which I thought was cool.
0:05:40 Let me just zoom into it.
0:05:48 So you can see the full Zillow experience, and then you can use natural language to use the AI.
0:05:48 Pretty cool.
0:05:52 Dude, I’m just kind of in awe right now a little bit.
0:05:56 I think Sean said something kind of funny, but it wasn’t funny.
0:05:57 It was very real.
0:06:00 He was like, every time I talk about this, I have to realize or ask myself,
0:06:04 am I A, all powerful now because I can do all this stuff,
0:06:06 or B, completely irrelevant?
0:06:09 And whenever I look at this stuff, that’s exactly how I feel.
0:06:10 But that’s wild.
0:06:10 Okay.
0:06:13 It depends on what he does with this information.
0:06:14 You know what I mean?
0:06:15 Of course.
0:06:19 The people who made the shift from web to mobile crushed it.
0:06:23 But there was a period of time when Facebook, I’m sure you remember,
0:06:27 had a bad app, and they almost didn’t make the leap to mobile.
0:06:29 Now they’re like a trillion-dollar company.
0:06:32 So I think that there’s, I’m not saying it’s 100% possible,
0:06:36 but it is possible that, you know, this becomes a big thing.
0:06:39 And if it becomes a big thing, you’re going to want to have an app here.
0:06:40 Okay.
0:06:44 So what apps or ideas do you think are interesting to you right now?
0:06:45 I’ll tell you.
0:06:50 But I also, I do want to give a caveat that ChatGPT, a couple years ago,
0:06:51 launched something called Custom GPTs.
0:06:52 Do you remember those?
0:06:54 Yeah, it was a flop.
0:06:55 I tried making one.
0:06:56 It didn’t work.
0:06:56 Yeah.
0:06:59 And you know why I think it’s a flop and why this is different?
0:07:00 No one wants to download apps.
0:07:05 No one wants to go to a GPT store, set stuff up, download apps.
0:07:10 What makes this so much better is it’s contextual.
0:07:17 You just type in something on ChatGPT, and yes, you know,
0:07:19 you might have to mention it.
0:07:21 But if you don’t have to mention it and you just said,
0:07:24 hey, I wanted a logo design, and then it pulls up Canva
0:07:29 or pulls up another app, the discovery opportunity is huge,
0:07:32 and it’s just easier for the customer because they don’t have to, like,
0:07:33 set up anything.
0:07:35 Yeah, yeah, yeah, yeah.
0:07:36 No, I think it’s going to be great.
0:07:42 I actually invested in one or two companies where it wasn’t going amazing,
0:07:46 and they pivoted into a ChatGPT plugin, and they’re killing it.
0:07:49 And so, like, we’ve talked about WordPress plugins
0:07:53 and a bunch of different plugin businesses, and I’m on board with those,
0:07:56 and so I’m eager to see what ideas you have that are related to ChatGPT
0:07:58 for both apps and plugins.
0:07:59 Cool.
0:08:06 So I’ve got 15 ideas that I scraped from ideabrowser.com, my app.
0:08:10 I want you to pick, like, we can talk about one.
0:08:13 You know, these are my, the ones that are highlighted are my favorite ones,
0:08:15 but I’m happy to pick and go through any of them.
0:08:17 Go to, um, so zoom in a little bit more,
0:08:19 but it looks like the AI tax guy.
0:08:21 AI tax guy?
0:08:23 So imagine if you were able to prompt,
0:08:25 file my quarterly taxes.
0:08:28 It shows a custom UI that shows deductions,
0:08:29 auto-filled forms,
0:08:31 one-click filing.
0:08:34 It connects to your Stripe, Plaid, and Google Drive.
0:08:39 And someone is going to build my tax guy in a prompt on ChatGPT,
0:08:42 and it’s a huge opportunity.
0:08:43 You know what’s interesting?
0:08:46 There’s a guy on Twitter who has a, uh,
0:08:50 AI app that he made uploading your bank statement.
0:08:51 Bankstatementconverter.com.
0:08:54 Bankstatementconverter.com.
0:08:57 How much revenue does Bankstatementconverter.com make?
0:08:59 Doesn’t it like 50 or 80 grand a month?
0:09:02 I think it’s 40 to $50,000 a month.
0:09:02 Okay.
0:09:06 So it’s a very, very niche thing,
0:09:07 but it’s a thing where if you need it,
0:09:08 you really need it.
0:09:12 And because, uh, for a bunch of different reasons,
0:09:14 I have many K-1s,
0:09:16 which, frankly, I barely know what a K-1 is,
0:09:18 but I know that when my wife is getting ready to do our taxes,
0:09:20 she’s like, I need the K-1 for this, K-1 for that.
0:09:22 And we have like 60 or 80 of them.
0:09:23 We have a lot of them.
0:09:27 And just finding them in my Gmail takes forever
0:09:30 because what happens when you invest in real estate
0:09:32 or, you know, different projects,
0:09:34 you get K-1s and they don’t all,
0:09:35 they come from each vendor
0:09:36 and they come at a variety of times
0:09:38 and they’re in all different formats.
0:09:39 The K-1 form’s the same,
0:09:41 but like it’s sent as an attachment in an email.
0:09:44 What would be intriguing is you could just, um,
0:09:47 do this to find all my K-1s in my Gmail fast.
0:09:48 That’s so good.
0:09:52 Like K-1 agent, that’s a great idea.
0:09:54 Someone should go build it.
0:09:56 This dude from bankstamingconverter.com
0:09:58 is, it’s literally a dude, one person.
0:10:00 Look at this website.
0:10:02 It looks like the Berkshire Hathaway website,
0:10:03 but for converting a PDF.
0:10:04 It’s awesome.
0:10:06 It just, you click a big, big button,
0:10:08 convert to PDF.
0:10:10 And I think what you’re going to see
0:10:13 potentially happen with this news
0:10:16 is apps like this are going to live within ChatGPT.
0:10:20 So if you ever saw stories
0:10:21 about people like bankstamingconverter
0:10:22 and you’re like,
0:10:23 ah, I wish I started that.
0:10:23 That’s so simple.
0:10:25 If you’re listening to this, you’re early.
0:10:27 Now’s the time you should be building that
0:10:28 within ChatGPT’s SDK.
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0:10:54 All right, what’s another one?
0:10:55 You tell me.
0:10:57 Which one do you fancy?
0:10:59 The AI Healthcare Concierge.
0:11:02 So, here’s the prompt.
0:11:05 Find me the best dermatologist near me
0:11:06 that takes Blue Cross.
0:11:10 Your app connects to ZocDoc Insurance Networks
0:11:12 and then shows an interactive local map
0:11:13 and booking options.
0:11:15 And then you just make money with affiliate.
0:11:17 Like, this is just…
0:11:19 Or, it gets acquired by ZocDoc
0:11:21 or some of these big companies.
0:11:26 But if you can own this high-demand query,
0:11:28 it’s worth a lot of money.
0:11:29 How would you make this?
0:11:30 Well, I’m lucky, right?
0:11:34 Like, I have a design firm that builds apps like this.
0:11:37 So, I would just hire my own firm to build these apps.
0:11:39 Like, we just announced we’re building apps like this.
0:11:42 So, I would just use my firm.
0:11:43 But if I didn’t have a firm
0:11:44 and I’m just a one-man person,
0:11:47 I’m using, you know, Claude Code
0:11:49 and I’m building our cursor
0:11:51 and I’m building this out.
0:11:52 How long would that take?
0:11:55 I would say, realistically,
0:11:56 two to three weeks
0:11:58 to get something that’s working really well.
0:12:01 And then you need to probably…
0:12:02 Well, then you’d have to make sure
0:12:04 that you get approved by OpenAI,
0:12:06 which, you know, might take some more time.
0:12:08 But maybe four or four weeks in total?
0:12:08 30 days?
0:12:10 That’s crazy.
0:12:12 The other thing I would do,
0:12:14 like, you know, I’m talking about my own book,
0:12:15 but this is…
0:12:16 I built this for myself,
0:12:19 is I would, you know,
0:12:21 there’s a button on Idea Browser
0:12:22 that’s build this idea.
0:12:23 I don’t think I’ve ever shown
0:12:25 this publicly anywhere.
0:12:28 But you can actually just go and build
0:12:31 for, like, the ad creative,
0:12:32 the brand package,
0:12:32 the landing page,
0:12:33 the content calendar,
0:12:34 the email funnel system,
0:12:35 the email sequence,
0:12:36 the lead magnet,
0:12:38 with all of the optimized prompts.
0:12:40 And that’s what I would do.
0:12:42 Have you ever seen that meme
0:12:44 of, like, a big meathead
0:12:45 sitting at the computer
0:12:45 and he’s like,
0:12:47 build me a business
0:12:48 that makes $100 million in revenue
0:12:49 in three days.
0:12:50 Don’t make any mistakes.
0:12:50 Start now.
0:12:52 Yeah.
0:12:53 Yeah.
0:12:54 It still needs…
0:12:55 You still need a human now, you know?
0:12:57 Like, I think the mistake
0:12:58 a lot of people make
0:13:00 is they’ll use something like…
0:13:00 Something like this
0:13:02 or just they’ll prompt themselves
0:13:03 and they’ll be like,
0:13:04 why aren’t customers coming?
0:13:06 Well, it’s…
0:13:06 This is, like,
0:13:08 all your optimized prompts
0:13:09 in one place,
0:13:13 specific to each LLM
0:13:14 or AI tool,
0:13:16 but you still need to, like,
0:13:17 review it,
0:13:18 make sure it works,
0:13:19 and optimize it from there.
0:13:20 So that’s what I would do.
0:13:21 I would probably do
0:13:22 first version on,
0:13:23 you know,
0:13:24 Idea Browser,
0:13:25 probably use,
0:13:26 you know,
0:13:27 Claude,
0:13:28 V0,
0:13:31 get some emails up,
0:13:32 and try to…
0:13:33 Just try to launch something
0:13:33 in 30 days.
0:13:36 My last company,
0:13:37 The Hustle,
0:13:38 the year we sold,
0:13:39 I was 31 years old,
0:13:40 and we were going to do
0:13:42 about $18 million in revenue.
0:13:44 I frankly didn’t have
0:13:44 a lot of peers.
0:13:45 I didn’t know a lot of people
0:13:46 who were ambitious like me.
0:13:48 And this meant
0:13:49 that I was making decisions
0:13:50 that could cost me
0:13:51 maybe 5,
0:13:51 10,
0:13:52 even more,
0:13:53 millions of dollars
0:13:53 worth of money.
0:13:54 I was making them
0:13:55 all by myself.
0:13:57 This all changed,
0:13:58 however,
0:13:59 when I got a group of peers.
0:14:00 And that’s,
0:14:00 by the way,
0:14:01 how this podcast
0:14:02 sort of started.
0:14:03 Sean was in my group.
0:14:05 And we met every month.
0:14:05 It sort of became
0:14:07 a personal board of directors.
0:14:10 And it frankly changed my life.
0:14:11 And that’s why
0:14:12 I started my company,
0:14:13 Hampton.
0:14:14 Joinhampton.com.
0:14:16 The entire idea
0:14:17 is that we make core groups
0:14:18 just like this,
0:14:19 just like the one that I had,
0:14:21 of other entrepreneurs
0:14:21 who have been there,
0:14:22 done that.
0:14:23 And we give you guys
0:14:24 a time and a place
0:14:25 to sit down
0:14:26 and have these very honest,
0:14:28 confidential conversations
0:14:28 where you can share
0:14:29 business ideas.
0:14:31 You could talk about hiring.
0:14:32 You could talk about
0:14:32 all these decisions
0:14:33 that you typically
0:14:34 have to make
0:14:35 all by yourself.
0:14:36 The biggest risk,
0:14:37 in my opinion,
0:14:38 is not failing.
0:14:39 You’re going to be fine.
0:14:40 Your business is probably
0:14:40 going to work.
0:14:42 It’s that in 10 years,
0:14:42 you look back
0:14:43 and you think,
0:14:44 damn, I blew it.
0:14:45 I blew this opportunity
0:14:46 because I was making decisions
0:14:47 by myself.
0:14:48 I was making decisions
0:14:49 out of fear
0:14:50 and I did not grow.
0:14:51 I did not maximize
0:14:52 the opportunity.
0:14:53 I’m telling you,
0:14:53 it can save you
0:14:55 10 years of headache
0:14:55 and of heartache
0:14:56 and you can make
0:14:57 better decisions
0:14:58 so much faster.
0:14:59 And the best part
0:15:01 is that with Hampton,
0:15:01 these core groups
0:15:02 that we make,
0:15:03 we make them in real life,
0:15:04 in your city.
0:15:05 We’re in Atlanta,
0:15:06 Austin,
0:15:06 Boston,
0:15:07 Chicago,
0:15:08 Dallas,
0:15:08 Denver,
0:15:08 London,
0:15:09 LA,
0:15:10 Miami,
0:15:10 New York,
0:15:11 SF,
0:15:11 Toronto,
0:15:12 and Vancouver.
0:15:13 And so if you’re running
0:15:14 an internet company
0:15:14 that does at least
0:15:16 $3 million a year in revenue
0:15:17 or you’ve raised
0:15:18 at least $3 million
0:15:18 in funding
0:15:20 or you’ve sold a company
0:15:21 for at least $10 million,
0:15:23 go to joinhampton.com.
0:15:25 This is my company,
0:15:26 Sam from MFM.
0:15:27 I review every single person
0:15:28 who applies.
0:15:29 So again,
0:15:31 joinhampton.com.
0:15:33 All right,
0:15:34 what else do you got?
0:15:34 This is fun.
0:15:35 Keep going.
0:15:36 So,
0:15:38 memes are getting
0:15:38 more and more popular,
0:15:40 especially in an AI age.
0:15:41 I think that
0:15:42 whoever owns
0:15:43 the make a meme
0:15:44 about,
0:15:44 you know,
0:15:45 XYZ topic
0:15:47 is,
0:15:48 you know,
0:15:49 probably makes
0:15:50 a few million dollars a year.
0:15:52 Can you do this now
0:15:53 in ChatGPT
0:15:53 or Perplexity?
0:15:55 Perplexity’s Comet?
0:15:57 You could do it
0:15:58 on ChatGPT.
0:15:59 It’s just not optimized.
0:16:01 And that’s the opportunity.
0:16:02 It’s like,
0:16:02 that’s why
0:16:04 Dev Day happened, right?
0:16:06 ChatGPT realizes
0:16:07 that they need
0:16:08 apps like this.
0:16:09 I think they’ve realized
0:16:09 two things.
0:16:10 They need apps like this
0:16:11 to exist
0:16:12 so that people
0:16:13 stay on the platform more.
0:16:16 And they realize
0:16:17 that they can do everything.
0:16:20 What’s AI grandma?
0:16:22 This is a fun one.
0:16:23 You know,
0:16:24 I think that
0:16:25 a lot of people
0:16:27 are feeling overwhelmed
0:16:28 right now
0:16:29 and
0:16:30 they might not want
0:16:31 Andrew Huberman advice
0:16:33 or even Greg Eisenberg advice
0:16:34 or Sam Power advice.
0:16:36 Sometimes we just need
0:16:37 an AI grandma
0:16:37 to give us
0:16:38 old school,
0:16:38 warm,
0:16:39 blunt,
0:16:40 and human advice.
0:16:41 So I think that
0:16:42 there’s an opportunity
0:16:42 to build like
0:16:43 a life advisor
0:16:44 and you build a brand
0:16:45 around like
0:16:46 an 85-year-old woman
0:16:47 who like
0:16:49 bakes apple pies.
0:16:51 Have you built
0:16:51 any of these yet?
0:16:52 Well,
0:16:54 we’re building
0:16:55 like actively
0:16:56 right now.
0:16:56 For yourself
0:16:57 or clients?
0:16:59 For both.
0:17:01 And that’s going to take
0:17:02 two to three weeks
0:17:03 to get the MVP?
0:17:04 Yeah,
0:17:05 MVP.
0:17:06 It depends like
0:17:06 what we’re building.
0:17:08 AI grandma
0:17:09 could take
0:17:11 a few days.
0:17:13 But if you’re building
0:17:15 your K1 one,
0:17:17 that’s a little more
0:17:17 complicated.
0:17:19 So it depends which one.
0:17:19 But it can take
0:17:20 anywhere from days
0:17:21 to
0:17:21 yeah,
0:17:22 for an MVP,
0:17:23 30 days.
0:17:24 Let’s talk about
0:17:25 this credit score
0:17:26 one.
0:17:27 Man,
0:17:28 up until
0:17:31 recently,
0:17:32 I had a very low
0:17:33 credit score
0:17:34 because I didn’t
0:17:35 use too much credit.
0:17:36 but I didn’t
0:17:37 realize that I
0:17:39 had a parent
0:17:40 one time I like
0:17:41 fell on a
0:17:42 when I had a job
0:17:43 years and years ago
0:17:44 and I had to take
0:17:45 an ambulance ride
0:17:46 and I didn’t realize
0:17:47 they didn’t pay it
0:17:47 until my credit
0:17:48 got dinged.
0:17:49 And so I had a
0:17:49 credit score.
0:17:50 I never checked it
0:17:52 of like 580.
0:17:53 And I was like,
0:17:54 what the hell?
0:17:55 And when I wanted
0:17:55 to get a mortgage
0:17:55 for a house,
0:17:56 I couldn’t get a mortgage.
0:17:58 And I was searching
0:17:59 for how do I like
0:17:59 how do I make
0:18:00 my credit better?
0:18:01 Is there a firm
0:18:02 I can hire
0:18:02 to just do the work
0:18:03 for me?
0:18:04 And it was
0:18:05 impossible
0:18:05 and it’s
0:18:07 incredibly scammy.
0:18:08 The credit repair
0:18:08 industry was
0:18:09 incredibly scammy.
0:18:11 And so I’m eager
0:18:11 to see how you
0:18:12 can improve my credit.
0:18:13 Yeah, so I had
0:18:14 the same problem,
0:18:15 which is why
0:18:17 I added this here.
0:18:17 So I actually
0:18:18 don’t have a great
0:18:19 credit score.
0:18:20 I don’t have a
0:18:21 bad credit score.
0:18:22 It’s just fair.
0:18:23 But I started
0:18:24 and sold companies
0:18:25 like I should have
0:18:26 a good credit score,
0:18:26 you know?
0:18:28 So I’m not sure
0:18:30 why, but like
0:18:32 banks don’t have
0:18:33 banks and companies
0:18:34 like Experian,
0:18:35 they’re,
0:18:36 let’s just say
0:18:36 they’re not at the
0:18:37 forefront of technology.
0:18:38 Yeah.
0:18:40 So I think that
0:18:40 there’s an opportunity
0:18:42 to, I think there’s
0:18:42 tons of people
0:18:44 who are asking
0:18:45 how do I fix
0:18:46 my credit score?
0:18:47 You can actually
0:18:47 go and check
0:18:49 that keyword volume.
0:18:50 It’s worth
0:18:52 so much money.
0:18:53 And, you know,
0:18:54 if you can have
0:18:54 something that
0:18:55 it detects that,
0:18:55 you know,
0:18:56 it detects the intent,
0:18:57 it surfaces your app.
0:18:58 I think you need
0:18:58 to have a really
0:18:59 good domain like
0:19:01 repairmycreditscore.com.
0:19:04 That’s probably taken,
0:19:05 but something like that.
0:19:05 One of the reasons
0:19:07 why bankstatementconverter.com
0:19:08 worked is because
0:19:09 the domain was really good.
0:19:10 So, you know,
0:19:11 there is going to be
0:19:12 a bit more of a startup
0:19:12 cost here.
0:19:13 You might have to spend
0:19:14 $10,000, $15,000,
0:19:15 $20,000 on a domain.
0:19:16 But I think that
0:19:17 this is one of the
0:19:18 more no-brainer
0:19:20 examples where,
0:19:21 you know,
0:19:21 it connects to,
0:19:22 you know,
0:19:23 Equifax or Experian.
0:19:24 There’s this
0:19:25 interactive UI
0:19:26 with dispute templates,
0:19:28 score simulation sliders,
0:19:29 next step actions,
0:19:30 and then you just
0:19:31 either do referral fees
0:19:32 or you charge for it.
0:19:33 Does,
0:19:35 do the .ai’s
0:19:37 do just as good
0:19:37 as the .com?
0:19:39 From a
0:19:40 SEO perspective,
0:19:41 from a
0:19:42 app perspective?
0:19:43 SEO.
0:19:45 .com is like
0:19:45 your,
0:19:46 is Manhattan,
0:19:47 you know?
0:19:49 .ai is like
0:19:49 your,
0:19:51 it’s Williamsburg,
0:19:51 you know?
0:19:52 It’s still cool.
0:19:54 But
0:19:55 Manhattan’s Manhattan.
0:19:56 Well,
0:19:56 it’s,
0:19:58 the .ai is available,
0:19:58 my friend.
0:19:59 Oh,
0:19:59 is it?
0:20:00 Yeah,
0:20:01 repairmycreditscore.ai.
0:20:03 Why don’t we
0:20:04 buy the domain
0:20:05 and get,
0:20:06 you know,
0:20:06 give it to someone
0:20:07 who like likes
0:20:08 and comments
0:20:09 on this YouTube video.
0:20:10 I can do that.
0:20:11 Or,
0:20:11 you know,
0:20:12 or something like that
0:20:12 and,
0:20:13 you know,
0:20:14 just inspire people
0:20:15 to actually go in
0:20:15 because I want people
0:20:16 to build apps,
0:20:16 you know?
0:20:18 That’s a good idea.
0:20:19 I’ll buy it.
0:20:19 I can,
0:20:19 I’ll buy it
0:20:20 and give it to someone.
0:20:21 Yeah.
0:20:23 It’s 50 bucks
0:20:23 for year one.
0:20:25 And I have to use
0:20:26 Perplexity’s comment
0:20:28 to find the discount code.
0:20:30 And do you,
0:20:31 you don’t own any equity,
0:20:32 you’re just giving it
0:20:32 to them for free,
0:20:32 right?
0:20:33 I,
0:20:34 no,
0:20:35 they can have it.
0:20:37 It’s just a $50 gift
0:20:39 from MFM to them.
0:20:40 If,
0:20:40 if,
0:20:42 if they get to a million dollars
0:20:42 a year,
0:20:43 what do they,
0:20:44 what do they need to do?
0:20:45 What do they have to do for you?
0:20:47 Like,
0:20:49 a hundred dollar DoorDash gift card
0:20:50 would suffice.
0:20:52 A two eggs return.
0:20:53 Yeah.
0:20:54 Yeah.
0:20:55 A DoorDash gift card.
0:20:56 If I get some,
0:20:57 if I can get like,
0:21:00 like so much Chick-fil-A
0:21:01 and I don’t even want Chick-fil-A,
0:21:02 I just want the unbreaded
0:21:03 chicken nuggets.
0:21:04 If I can just get like
0:21:05 about four pounds of that,
0:21:05 that would be,
0:21:06 that would have been
0:21:07 worth the time.
0:21:08 Cool.
0:21:10 All right.
0:21:11 Well,
0:21:12 thanks for,
0:21:13 thanks for having me on
0:21:14 and,
0:21:14 uh,
0:21:16 hope you’re inspired.
0:21:17 Thank you,
0:21:18 Greg.
0:21:18 That’s it.
0:21:18 That’s the pop.
0:21:21 I feel like I can rule the world.
0:21:23 I know I could be what I want to.
0:21:25 I put my all in it
0:21:27 like my days off on the road.
0:21:27 Let’s travel.
0:21:28 Never looking back.
0:21:30 This episode is brought to you
0:21:31 by HubSpot Media.
0:21:32 They have a cool new podcast
0:21:33 that’s for AI
0:21:35 called The Next Wave.
0:21:36 It’s by Matt Wolfe
0:21:36 and Nathan Lance.
0:21:38 And they’re basically talking
0:21:38 about all the new tools
0:21:39 that are coming out,
0:21:41 how the landscape is changing,
0:21:42 what’s going on with AI tech.
0:21:44 So if you want to be up to date
0:21:44 on AI tech,
0:21:45 it’s a cool podcast
0:21:46 you could check out.
0:21:47 Listen to The Next Wave
0:21:49 wherever you get your podcasts.
Want in on the AI Gold Rush? Get the free AI Side Hustle Crash Course: https://clickhubspot.com/lkb
Episode 755: Sam Parr ( https://x.com/theSamParr ) talks to Greg Isenberg ( https://x.com/gregisenberg ) about OpenAI’s new App Store and brainstorm app ideas to jump on.
—
Show Notes:
(0:00) ChatGPT App Store launch
(7:47) IDEA: My AI Tax Guy
(10:26) IDEA: AI Healthcare concierge
(13:07) IDEA: AI meme studio
(13:53) IDEA: AI grandma
(14:57) IDEA Credit repair
—
Links:
• Idea Browser – https://www.ideabrowser.com/
• BankStatementConverter – https://bankstatementconverter.com/
—
Check Out Shaan’s Stuff:
• Shaan’s weekly email – https://www.shaanpuri.com
• Visit https://www.somewhere.com/mfm to hire worldwide talent like Shaan and get $500 off for being an MFM listener. Hire developers, assistants, marketing pros, sales teams and more for 80% less than US equivalents.
• Mercury – Need a bank for your company? Go check out Mercury (mercury.com). Shaan uses it for all of his companies!
Mercury is a financial technology company, not an FDIC-insured bank. Banking services provided by Choice Financial Group, Column, N.A., and Evolve Bank & Trust, Members FDIC
—
Check Out Sam’s Stuff:
• Hampton – https://www.joinhampton.com/
• Ideation Bootcamp – https://www.ideationbootcamp.co/
• Copy That – https://copythat.com
• Hampton Wealth Survey – https://joinhampton.com/wealth
• Sam’s List – http://samslist.co/
My First Million is a HubSpot Original Podcast // Brought to you by HubSpot Media // Production by Arie Desormeaux // Editing by Ezra Bakker Trupiano