In today's fast-evolving technological landscape, starting a business has become more accessible mainly due to advancements in Artificial Intelligence (AI). Gone are the days when aspiring entrepreneurs needed multitudinous skills or vast amounts of funding to kick-off their businesses. With AI tools, anyone can now embark on their entrepreneurial journey over a weekend, without prior business knowledge. Platforms like "ideagenerator AI" or "chat GPT" can instantly provide innovative business ideas, making the initial step substantially easier.

Once an idea is in place, AI applications such as "Frederick AI" can conduct market research, validate business ideas, and assemble business plans, further simplifying the process. For branding, AI-driven platforms can generate company names, ensure domain availability, and craft visually appealing logos, ensuring consistent branding across products and platforms. Even creating digital and physical products has become feasible without significant upfront costs, thanks to tools like "AI book generator" or "Bubble IO" for SaaS applications, demonstrating the powerful capabilities AI offers.

Main takeaways from the video:

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Key Vocabularies and Common Phrases:

1. gatekeepers [ˈgeɪtˌkiːpərz] - (noun) - Individuals or groups that control access to something, often making it difficult for others to progress. - Synonyms: (guards, barriers, controllers)

Kind of makes me think of the gatekeepers in Willy Wonka who didn't want him to start his own business and made it super difficult.

2. solopreneur [ˌsɒləʊprəˈnɜːr] - (noun) - An entrepreneur who runs their business alone without partners or employees. - Synonyms: (individual entrepreneur, single-owner, sole operator)

I would recommend for your first business that you go with something that you can do as a solopreneur and do not need a big team for.

3. prompts [prɒmpts] - (noun) - Instructions or cues given to an AI to generate responses or outputs. - Synonyms: (cues, hints, signals)

By the way, if you want to know about prompt engineering, I would check out Bridget's guide on how to prompt like a pro.

4. mission statement [ˈmɪʃən ˈsteɪtmənt] - (noun) - A short summary that outlines a company's purpose or goals. - Synonyms: (vision statement, philosophy, manifesto)

You can easily put together a plan and pitch deck and get down the backbone of your business. It's really important to craft a killer mission statement with Frederik so that people know what your business stands for.

5. white labeling [waɪt ˈleɪbəlɪŋ] - (noun) - The practice of using another company's product and branding it as one's own. - Synonyms: (private labeling, rebranding, relabeling)

white labeling is basically adding your own branding or design to a generic product made by manufacturers.

6. 3d renders [ˈθriː diː ˈrɛndərz] - (noun) - Three-dimensional digital representations of images or models, often used for visualization. - Synonyms: (3D models, visualizations, digital prototypes)

You can create 3d renders with Viscom for free

7. sku [ɛs keɪ juː] - (noun) - Stock Keeping Unit; a unique identifier for a product to track it in inventory. - Synonyms: (product code, item identifier, inventory code)

For physical products, you can add an sku, which stands for stock keeping unit and a barcode.

8. meta description [ˈmɛtə dɪˈskrɪpʃən] - (noun) - A brief explanation or summary of a webpage content that appears in search engine results. - Synonyms: (snippet, page summary, overview)

Make sure to optimize this for what people are searching for. We want the title and first line of the meta description to really pop with keywords that actually grab someone's attention.

9. freelancing [ˈfriːlænsiŋ] - (verb) - Working independently, typically getting paid for individual tasks or projects rather than being employed by one company. - Synonyms: (contracting, independent work, self-employment)

Let's start with social media marketing. I'm gonna head over to Okoya.

10. plagiarism [ˈpleɪdʒərɪzəm] - (noun) - The practice of taking someone else's work or ideas and passing them off as one's own. - Synonyms: (copying, stealing, infringement)

For accuracy and plagiarism checking, use originality. This can be very important when working with AI.

Unlocking The AI Revolution In Business Today

Today I'm gonna prove to you that you can start a business using only AI. It used to be a lot harder to start a business than it is today. You had to learn the skills of like 20 people to get started or secure huge amounts of funding. Kind of makes me think of the gatekeepers in Willy Wonka who didn't want him to start his own business and made it super difficult. But lucky for us, we are living in a technology revolution where we can literally start a whole business using only AI. And the craziest part is, you don't even need to know anything about business to get started. I saw a quote from the CEO of Netflix, Ted Sarandos. AI will not replace jobs. It will replace humans who don't know how to use AI, which is why it's so important to learn how to use it. Anyone can start a business with AI and they can do it in a weekend. Let me show you how.

Let's talk about idea generation. You don't have an idea yet for your business? Well, AI can make one for you. You just have to head over to ideagenerator AI or chat GPT and just brain dump everything that comes to mind and it's going to come up with some cool ideas for you. I would recommend for your first business that you go with something that you can do as a solopreneur and do not need a big team for. I'm going to put a shopify article on some low cost business ideas down below. This is the question I asked Chacha BT I'm starting a business and you are my business coach. I want you to keep asking me questions until you give me ten personalized business ideas that can be run remotely with no money upfront and make sure they have a large market. By the way, if you want to know about prompt engineering, I would check out Bridget's guide on how to prompt like a pro.

Out of the ten ideas, the one that caught my eye washing digital marketing agency when you get your suggestions, make sure the business idea you choose is something you're passionate about. Luckily, with AI, you don't need a ton of knowledge. But the more knowledge and passion you have in an area, the better. Here are some nuggets of wisdom for finding a business idea from a recent interview with Noah Kagan. Look at your credit card bill. What do you spend money on? Maybe make a business selling those things. What things bother you to use? Maybe it's an app or a household product. Maybe you can create something to solve those problems. Look at the things you're avoiding. For example, I have avoided organizing a certain part of my kitchen, which makes me think how nice it would be to have someone to organize my house. This could be a business. Think about the problems that you have and then see if potentially other people are excited to give you money to solve those same problems for them as well.

Which leads me to my next point. Market research. So now you have an idea, but how do you know if there is a market for it? Instead of doing tons of market research yourself, just head over to Frederick AI. It will handle your market research, your competitor analysis, come up with a mission statement, create a business plan, research industry news, find financial resources for you and more. You can see here that it validates your business idea with a few assumptions about the industry. This app is incredible for any business idea and I would highly, highly recommend using it. You can easily put together a plan and pitch deck and get down the backbone of your business. It's really important to craft a killer mission statement with Frederik so that people know what your business stands for. Mission statements are how people remember your brand and what you do. You can put it on the front page of your website or on your about us page, but keep it short and easy to understand.

Okay, so you have a quality business idea and you know there's a market for it. Here is how you can create the perfect name. Go to namingmagic.com comma tell it your business idea, some keywords and click name my startup. It will present you with three names at a time and you can keep generating new ones. You can also go back to chatgpt and ask for 20 name ideas until you find one that you absolutely love. But before you get attached to any name, you will want to go online and make sure your domain is 100% available. You will also need to make sure your name is not taken by someone else. So if you're in Canada, for example, you can verify on the official canadian government website that your name is taken or not. You do not want to waste time on a name that you cannot have. Only give your heart to a name that can commit to you. Also for your URL trytoget.com because it's the most recognizable and easiest to remember. You can also use another domain extension if.com is not available, but make sure to go to the website who does have.com and see if it's running a business in your industry. If it is, you're gonna wanna try and find another name because this could be very confusing for potential customers and you could run into legal issues. There are plenty of names out there to choose from. Please do not get stuck here. This is where so many businesses go to die. Trying to find the perfect name. It is not worth it. Don't spend more than a couple hours on this. Maybe one day to one sleep on it at most. So for me, I'm going with charismamarketing.com because it's available and I really like the sound of it. Plus, I've always wanted to name a business after myself.

So how will you make your brand visually stand out from the ocean full of brands out there, you can create a logo there are several options for AI logo makers. Some are free and some are not free. I'm going to use Luca AI and with Luca AI you enter your business name, your industry, your colors and what attributes you want and then voila. It will give you a logo in seconds. If you don't like the logo it made, you just click load more until you find something that you really love. You want to choose colors and fonts that represent your unique style. Choose something that makes you really excited to look at because your logos should be used on your website, your email and all of your business assets to keep it very consistent. For example, when you look at Shopify, you can see that their color is green and it shows up everywhere. Shopify also has a free logo maker called Hatchful that can create free logos for you and they're also really, really good.

There are several other companies you can try if you're not finding what you want. There's design AI. You can also utilize mid journey with the right prompt tools to make your beautiful logo. Once you choose a style you like, edit it to perfection and download it. It's a good idea to create logos in different colors and formats, one with color, one in black and white, and one with a transparent background. This way you can use it through different mediums and retain that branding consistency. Lastly, Dal e three is also a great option for creating unique drawings and logos. But make sure to remove the background and download it as a PNG. Okay, enough with the logo. Rabbit hole. So the question we're all asking is how can you now create this product or service with AI? There are tons of AI tools you can use for this process. Depending on what you need, you can create a whole ebook, an online course, templates, tools, music, art and more. You can also create physical products more on that in a little bit. There's a website that I found that was super helpful called Deepgram. Here you can search for AI apps that actually help build your business.

So if there's a specific product you want to make with AI, try looking it up on there or on Google. Although digital marketing agencies mostly focus on services, I want to show you how you can create a digital product to sell on your shopify store. I'm going to start by creating a social media marketing guide for companies to use. And yes, we are going to make it using only AI. I decided to make the guide with AI book generator. It's super simple. You give it a title and description, generate some chapters, edit them a little bit, and boom, you can start creating your book. It's kind of like having a ghostwriter. Here is the ebook slash guide that it created for me. I did design my own cover because I wanted the front to be a little bit more visually appealing. But for covers, again, you can just use Dall e three or mid journey. Another incredible thing you can do is create a no code SaaS app with a platform called Bubble IO. You can then charge people a monthly subscription and make money in your sleep. As a reminder, SaaS stands for software as a service. Shopify or Zoom are really good examples of software as a service. It's typically something you make once, but people can use forever.

If you want to sell your digital products on your Shopify store, here are two Shopify apps that will help you do just that. It's Filemonk and Skypilot. Both of these apps will send a digital download link to the customer once they purchase. And what's really cool is they also protect your creations with watermarks and IP alerts. So what if you want to create physical products with AI? It's impossible. You say, no, it's not. There are several things that we can do if you want to make a custom product. You can create 3d renders with Viscom for free. You can use it as a reference to go into production with. So a 3d render is a model or mock up of a product. It isn't just 2d, but it shows up as a 3d immersive experience. So you can usually look at the product from different angles to get a full view of the design. And this can be incredibly helpful in the product development process because most development companies will require you to have a design so they know exactly what to create.

If you want to white label a product using print on demand, we can use an app called Wonder AI. white labeling is basically adding your own branding or design to a generic product made by manufacturers. You can do it with all kinds of products, t shirts, bags, bottles, you name it, you can probably do it. This app will connect with your printify account and it will create a ton of AI designs for you to use and eventually to go into production with. You just have to connect it to your OpenAI account and your printify account and give it a prompt. So you can download printify and set up an account on the Shopify app store or you can go right to their website. Wonder AI can also upload your product to your Shopify store with descriptions, keywords, prices and hashtags. Once it's done, you can create a social media workflow and even get it to post on your socials for you automatically. The app will take a bit of time to set up, but once it is, it will be doing all of the heavy lifting for you. The amazing thing about print on demand or pre sale is that you don't need to put upfront money. You can just advertise it and then if you sell the MoQ or the minimum order quantity, you can use that money given to you by the customers to fulfill the order.

Now that you have your product, you will want to upload it to your Shopify store using Shopify magic. First you need to go to the Shopify dashboard on desktop or mobile and click on the product section and fill in all that product information you want to make sure to enter essential details such as the product title description price, the product weight for shipping, and the profit margin. A digital product will have little or no overhead costs, but a physical one would include some costs, so make sure to put it in there. For physical products, you can add an sku, which stands for stock keeping unit and a barcode, but don't worry about it for now if you don't have them. This is where Shopify magic really comes in handy. It's an AI feature that can help you write product descriptions. It's gonna save you a lot of time, so just click on the small icon in the corner, add in what the product is along with some features and keywords that you want in your product description. Then select a tone and hit generate.

It's going to write up a perfect product description for you to use, but if you're not satisfied with the outcome, honestly, just click on generate again and it's going to make a new description. So once you're satisfied, just hit key. Once you're done, your description Shopify will show you how your item will display on the web for SEO. Make sure to optimize this for what people are searching for. We want the title and first line of the meta description to really pop with keywords that actually grab someone's attention. This is the first thing potential customers see in the search results. Next, you will want to upload high quality images and videos to showcase your beautiful product effectively. For digital products or services, you can use one of the image generators mentioned before like Dal E three or mid journey. If you're selling a physical product, you can input your photos into Shopify magic and it will create AI generated backgrounds. To spice up your photos just a little bit. Just select an image, then hit replace background. You can automatically remove the background for something simple, but if you want to generate a custom background like a kitchen countertop, a professional studio, or even a desert with big cactuses, you can do that too. Just select scene, then custom and then describe the subject and the background that you want. Just play around with it until you get a realistic result that you are in love with. Hopefully you're in love with or at least satisfied with, but by default, Shopify magic will create four different options for you. If you want more, just hit generate more like this and it's going to give you four more options. Once you find it, select the image you like and it will be added automatically to your product image catalog.

Once your product is added to your Shopify store, we want to list it in more places so that you can attract as many customers as you can. Let's start with listing it on your Instagram store. This is especially useful if you have a following or you're planning on building one because people can purchase your product right off the app. Here's what you have to do. Go to the Shopify dashboard and then go to the Shopify app store. On the left side bar, search Instagram. There are several third party apps that pop up, but we want to use the official Facebook and Instagram app. Click on the app and connect your Facebook page to Shopify. Go to the Shopify settings, go to apps and sales channels, open up Facebook and then connect it. You will need to unhide your shop by going to settings and then business assets. Click Manage and then go to commerce manager. Then click on catalog items and select your product. Now click Shop and make sure that the show in shop toggle is on. Now you can go back to your shop and click publish updates.

You can also display your store and products on your YouTube channel and you can partner with creators who help push your product. So if you do want to connect your products to YouTube shop, you just need to be in the YouTube partner program and be running your store on one of the YouTube's apps platforms, but good news, Shopify is one of them. There are a few other requirements. You must have at least a thousand followers be approved for monetization and be in a country where the program is offered. We actually have a whole tutorial on this on our channel, so if you are looking to get it set up, the link is as always in the description down below to finish off the section on product uploads. TikTok Shop is the perfect place to get your product out there. You can get creators to sell your product with an affiliate on here as well and this means no upfront costs for you. You just pay them when they make you sales. Not a bad trait. I do share how you can set up TikTok shop in my recent TikTok for Business guide that you can watch after watching this video.

Now let's get into marketing. So you have the product of the century, but how do you get anyone to buy it? Let's hop on over to Google Gemini and get a marketing plan of action. I asked what are ten ways I can market my business? Here is what it came up with. Let's start with social media marketing. I'm gonna head over to Okoya. Okoya will create content, write captions, schedule posts and study analytics for us. Okoya isn't free, however, if you want a social media automation tool, it will cost you, but it's definitely worth it because it will save you a lot of time and money in the long run. Now I'm gonna give you a few AI tools that will help you with different kinds. Marketing for copywriting you can use Jasper AI for thumbnails and AI art, you can use Lexica art. For SEO optimization, use surfer SEO. For productivity and management, you can use notion AI and for accuracy and plagiarism checking, use originality. This can be very important when working with AI. For email marketing, use Rasa IO another really great tool is zapier.

It will basically connect all your platforms together and I would highly recommend using it for your business. For example, you can get Zapier to upload information into a Google sheet every time a potential client emails you back. They are connected with over 7000 apps and they streamline your workflow so that everything doesn't feel so chaotic. Especially if you're currently using several different platforms or AI apps for your business, which most of us are. At this point you have a running business, but in the future you may need to start working with contracts for clients, contractors and employees. So here are some amazing AI tools that will help you create contracts. I do, however, recommend getting professional legal advice on this topic, but here are some tools you can use. First is AI contract generator. That name is super straightforward. It basically generates contracts for you. Next is contractable. It will create a whole contract specifically for what you do and you can add in the names of all the parties along with anything that's missing afterwards. But guys, make sure you read over these very thoroughly.

As a digital marketing company, I would absolutely need one of these for potential contractors. So let's put something together and guys, you can play around with this until you find contracts that work well for your business. Boom. You now have a running business and we just proved that anybody can be an entrepreneur and they can do it within 48 hours.

So if you haven't been following along, you can get your shopify store set up right now using the link below. You'll be happy to know that there are over 8000 apps that you can integrate right into your store. There are tools to help with your customer service, fulfillment, subscriptions and everything else. I did recently make a video on my top picks, so if you already have your store set up, I would recommend adding some more AI apps to help you out. Again, I'm Kris McCollins. Thank you so much for watching. I absolutely love being able to make these videos for you guys. So if you did find this valuable, please leave a comment and a thumbs up and I will see you guys on the next one. Bye.

Entrepreneurship, AI Tools, Market Research, Inspiration, Technology, Business