New Agency - Road to $1 Billion

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  • Опубліковано 28 гру 2024

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  • @OzieCargile
    @OzieCargile 2 місяці тому +1

    The Future is AI... you have the aptitude to build one. Build it.

    • @10xGeneration
      @10xGeneration  2 місяці тому

      AI is really exciting but it's too hot. If I develop something chances are Google/Apple/Open AI ect, will wipe me out completely. Too much competition rn.

    • @OzieCargile
      @OzieCargile 2 місяці тому +1

      @@10xGeneration Don't worry about the competition; focus on the glory ahead on your road to becoming a billionaire. You're young, and that gives you a tremendous advantage. Your ideas are unrestrained, and you have the time to leverage them. Twenty years from now, when your generation is in power, you'll be leading the next wave of AI technologies that will run the world. Just as mobile apps were the big wave 20 years ago, you're at the start of a new boom. Focusing on technologies that might be irrelevant in the next 5 to 10 years would be a mistake. The world is shifting from users completing tasks through apps to AI systems that understand and automate user tasks intelligently. In the future, we won't have apps-we'll have personalized operating systems.
      Take advantage of this moment. Leverage the time and resources you have now. The opportunity is massive, and the landscape will evolve faster than you think.
      When you speak, I hear a lot of myself in you-driven and focused on your projects. I'm building dynamic AI myself, and the reason I haven’t fallen behind is that I started with the same enthusiasm for AI when I was your age. You already have a head start. Use it.

    • @OzieCargile
      @OzieCargile 2 місяці тому +1

      @@10xGeneration Another thing I'd like to share, since I’m giving free advice, LOL: Often, ingenious creators fall into the innocent trap of believing that 'if you build it, they will come.' We come up with a great idea, something that's easy for us to manage or at least excites us with its potential, and we rush to the prototype stage, or even finish the project, upload it for the world to see, and then it doesn’t make any money. We wonder why we poured so much into a worthwhile project, only for it to fall short of its financial ambitions. The reason for that is simple: project creation and success are very different from marketing and commerce.
      When you're building something for the explicit purpose of making money, the financial aspect needs to be figured out before the idea ever comes to fruition. How are you going to make money? Have you done the market research to ensure there’s a sizable consumer base willing to pay for your product or service? Do you have the marketing capital and expertise to reach that market? You could have a mediocre idea that makes a lot of money if it’s marketed correctly and there’s enough demand for it.
      So, instead of pouring all your resources into creating something great and hoping people will recognize its value and pay for it, start by figuring out how the idea will make money. Then, validate that with research on the current market. For example, your idea of being a consultant for app development is great, but how many people looking to develop apps are actually seeking consultants? Most people who want to build apps either have a team as part of their larger business model, or they’re like you-smart enough to build their own app or use other technologies. So, while your agency might be a great idea, it may not have a consumer base that can provide you with a livable income.
      That’s not to say you shouldn’t pursue the agency idea; it’s just a reminder to figure out the financial side first. If that part is compelling enough, then put your work ethic into creating the goods and services to match.

    • @10xGeneration
      @10xGeneration  2 місяці тому +1

      I honestly don’t think I have the passion for AI development. But if I have a project that would benefit from the technology I’ll no doubt integrate it! Thanks for your comment and suggestions.

    • @10xGeneration
      @10xGeneration  2 місяці тому

      You are absolutely correct about the “build it and they’ll come problems” I’ve fallen into that trap several times.
      But this app development agency is something that I’ve continuously gotten validation about throughout my career.
      In the startup space there are tons of young people who get massive amounts of funding with little to no coding skills and they’ve asked me to create their apps. I’ve always turned them down because I was focused on my thing. So there’s that.
      Also idk if you know about my apps neon controller & GP overlay but those started as a request from a friend. I made it for free since it was such a cool idea. He then told his network and I got app requests from them but again I declined in favor to scale my apps.
      If online marketing doesn’t work I can simply attend startup meetups and slide my card to the many non technical founders.
      I appreciate your words! You gave me something to think about.

  • @potatoe3
    @potatoe3 2 місяці тому +1

    good looks yashua! did you graduate college already?

    • @10xGeneration
      @10xGeneration  2 місяці тому +1

      Hey man long time no see! I dropped out a while ago to pursue business full time.
      I hope all is well with you.

    • @potatoe3
      @potatoe3 2 місяці тому

      @@10xGeneration For real! I check in on this account every once in a while because your ingenuity has always been inspiring to me. Keep up the good work man! Hope to see you around!