The original is one click away. Open original ↗
Eight Steps to Build Wealth Using AI in Boring Industries
Executive overview
The AI boom mirrors the 1997 internet wave — those who pick the right industries and business models early will capture outsized gains. The framework targets overlooked, unglamorous sectors (supply chain, admin, home services, legal, training) paired with high-margin AI delivery models. Wealth comes not from chasing novelty but from applying AI to persistent, friction-heavy workflows that millionaire business owners already pay to fix. Pre-selling before building, automating delivery, and choosing long-term compounding over quick exits separates lasting AI businesses from one-time paydays.
The core edge: boring industries + high-margin AI models + pre-sold products = durable, cashflow-positive AI businesses.
Five industries ripe for AI disruption
- Supply chain — route optimisation, demand forecasting, logistics coordination
- Admin — billing, scheduling, CRM automation using tools like HubSpot and Dropbox
- Home services — roofing, HVAC, plumbing; truck-dispatch workflows are largely manual
- Legal services — contract analysis, draft generation, structured question frameworks
- Team training — AI onboarding companions with access to SOPs and process docs
Four high-margin AI business models
- AI services (~70% gross margin) — building automations in Make, Zapier, N8N, or Gumloop for clients
- AI consulting (~80%) — strategy plus implementation to make companies AI-first
- AI software (~90%) — products where AI is the primary engine, often chat or voice-driven with no visible workflow
- AI digital products (~95%) — programs sold repeatedly with near-zero marginal cost; audience monetisation at scale
Finding and reaching millionaire customers
- Target operators in the five boring industries, not general consumers
- Attend industry-specific events; offer to help organise them to access speaker green rooms
- Send hyper-personalised cold email — reference their specific work, lead with a concrete value hook
- Use a podcast as flattery marketing: the interview ask converts naturally into a sales conversation
- Host weekly Zoom roundtables or themed founder dinners; simple formats, consistent attendance
Building a high-cashflow offer
- Anchor pricing — put a tier 3–5× more expensive than the next option to make lower tiers feel affordable
- Scarcity — limited spots are usually true; require a deposit to lock in a start date
- Bonus — solve the next problem after the one you are hired to fix (e.g., team training bundled with an AI agent build)
- Volume pricing — multi-year or multi-seat deals pull cash forward; this is not a discount, it is prepayment
Pre-selling before building
- Prototype with paper, Figma, Balsamiq, or InVision before writing a line of code
- Recruit a founding 50 — early adopters who co-create the roadmap in exchange for pricing perks, priority access, or acknowledgement on the about page
- Ask for advice, not sales: "I'd love your input on this" leads to demos that convert organically
- Choose one conversion channel (webinar partnership, sell-by-chat, outbound calls) and automate it
Building the MVP without overspending
- No-code first — Gumloop, Go High Level, Make, N8N cover most AI service use cases without custom dev
- AI-assisted coding — Replit, Bolt, Cursor, or ChatGPT-generated code for anything more complex; use AI to walk through deployment too
- Hire an AI developer only after wireframes and pre-sales exist; run a paid test project before committing
Automating delivery
- Purchasing — Stripe connected to Webflow or Gumloop; no manual payment handling
- Account setup — membership creation triggered automatically on payment (e.g., membership.io linked to billing)
- Onboarding — Typeform intake replaces back-and-forth emails; outputs feed directly into the AI workflow
- Support — build a knowledge base that an AI agent queries to auto-reply to incoming support emails; grows more capable over time
Long-term wealth: sell, scale, or stack
- Sell (short-term greed) — exit a small app or service; captures cash but sacrifices compounding experience
- Scale (medium-term) — keep running a profitable AI business instead of selling; reinvest cash flow to grow
- Stack (long-term) — build a portfolio of AI companies targeting distinct problem categories for a single customer segment
More like this — when you're ready for early access.
Join the waitlist for a personal account and content recommendations based on what you're working on.
No spam. Unsubscribe at any time.
You're on the list. We'll be in touch before launch.