Show notes
I Need Money Today and AI4//11/23If you need money, there are a few things going on in your lifeYou stopped givingWherever you have need, you have failed to plant a seedYou’re doing a ton of things that don’t make you moneyIt’s time to serve people, but your vehicle is probably jacked upYou need money because someone who has more money than you is demanding money from youSteps to Getting Money TodayGo to ChatGPT Put something on paper Sell itYou can take Antonio’s show notes from his podcast. Put it in ChatGPTAsk ChatGPT to put it into a book outlineAlso ask ChatGPT to put it into a “How To” Guide.ExampleBook Outline:I. IntroductionExplanation of the importance of math education for studentsExplanation of the role of technology in education, particularly AIOverview of the three math apps to be developed with the help of Antonio T. Smith Jr.II. Math for Middle School StudentsIntroduction to middle school mathUnderstanding fractions and decimalsAlgebraic concepts and equationsGeometry and spatial reasoningData analysis and probabilityMath games to reinforce skillsMath visuals to enhance understandingQuizzes and tests for assessmentIncorporating AI into math education for middle school studentsUser feature: Personalized difficulty levels based on skill levelIII. Math for High School Students11. Introduction to high school mathAdvanced algebraic concepts and equationsTrigonometry and calculusApplied geometry and real-world problem-solvingStatistics and probabilityMath games to reinforce skillsMath visuals to enhance understandingQuizzes and tests for assessmentIncorporating AI into math education for high school studentsUser feature: Real-time performance feedback and progress trackingIV. Math for Primary School Students21. Introduction to primary school mathBasic arithmetic and number senseUnderstanding shapes and spatial reasoningEarly problem-solving and logicMath games and gamification for engagementMath songs inspired by the Billboard 100Math visuals to enhance understandingQuizzes and tests for assessmentIncorporating AI into math education for primary school studentsUser feature: Rewards and achievements to encourage progressV. ConclusionSummary of the importance of math education and AI in educationOverview of the three math apps and their unique featuresPotential for future expansion and growth with other STEM subjects and international marketsPrompt #3:For the math game app, consider incorporating multiplayer functionality to allow students to compete against each other. For the math practice app, consider offering personalized hints and tips based on the student's performance. For the math challenge app, consider adding a leaderboard to encourage healthy competition.Prompt #4:For the math game app, consider using machine learning algorithms to personalize the game to each student's learning style and adapt the difficulty level accordingly. For the math practice app, consider using machine learning to generate personalized practice exercises for each student based on their areas of strength and weakness. For the math challenge app, consider using machine learning to analyze each student's problem-solving strategies and provide personalized feedback and guidance.Prompt #5:For the math game app, add a feature that allows students to design and share their own math games with each other. For the math practice app, add a feature that allows students to track their progress over time and set goals for improvement. For the math challenge app, add a feature that allows students to compete in real-time against other students in the same grade level.Prompt #6:For psychographics, consider targeting students who struggle with math but are willing to try new methods to improve. For demographics, target middle and high school students, as well as their parents and teachers. The best mode of distribution would be through app stores, social media ads targeting students and parents, and partnerships with schools or educational organizations. Top 3 names for the apps could be MathMaster, MathQuest, and MathGenius.Prompt #7:See the Business Plan outline provided above.Marketing Plan:I. Target AudienceMiddle and high school students who need help with mathParents of middle and high school students who want to support their child's educationEducators who want to supplement their math curriculum with technologyII. Advertising StrategySocial media advertising targeting students and parents on platforms such as Instagram, Facebook, and TikTokPartnering with schools and educational organizations to offer the apps as a resource for studentsOffering free trial periods to generate interest and encourage downloadsReaching out to educational publishers, tutoring services, and online learning platforms for potential partnershipsIII. Sales StrategyOffer the apps for free with in-app purchases for additional features and contentProvide discounts for bulk purchases by schools or educational organizationsOffer promotions during key periods such as back-to-school season and standardized testing seasonContinuously update and improve the apps to encourage repeat usage and positive reviewsIV. Metrics and AnalysisTrack downloads and in-app purchases to measure revenue and growthCollect user feedback and reviews to improve the apps and address user concernsMonitor social media engagement and adjust advertising strategy accordinglyV. Budget and TimelineInitial budget for development and marketing: $2 millionTimeline: 12 months for development and launch, followed by ongoing updates and improvements based on user feedback and performance metricsVI. GoalsReach 10,000 downloads per app within the first month of launchGenerate $250 million in profit within 60 months of launchAchieve a high rating and positive reviews on app stores to encourage continued usage and downloadsVII. Risk ManagementContinuously monitor and adjust advertising and sales strategies to optimize revenue and user engagementStay updated on industry trends and competition to remain competitive in the marketMaintain a strong partnership with Antonio T. Smith Jr. to ensure ongoing support and development of the apps.Financial Plan:I. Revenue ProjectionsSales projections for each app for the first 60 months of launch are as follows:Math game app:1 Month: $150,0003 Months: $1.5 million6 Months: $3.75 million12 Months: $18.75 million24 Months: $75 million36 Months: $150 million48 Months: $300 million60 Months: $600 millionMath practice app:1 Month: $150,0003 Months: $1.5 million6 Months: $3.75 million12 Months: $18.75 million24 Months: $75 million36 Months: $150 million48 Months: $300 million60 Months: $600 millionMath challenge app:1 Month: $150,0003 Months: $1.5 million6 Months: $3.75 million12 Months: $18.75 million24 Months: $75 million36 Months: $150 million48 Months: $300 million60 Months: $600 millionII. Cost ProjectionsDevelopment and marketing costs for the three apps are estimated to be $2 million initially, with ongoing costs for updates and improvements.Operating costs, including salaries and overhead, are projected to be $5 million per year.III. Profit ProjectionsThe goal of generating $250 million in profit within 60 months of launch would require an annual profit of approximately $50 million.Assuming a 30% equity share, the profit for the business owner would be $75 million.IV. Risk ManagementMonitor revenue and adjust sales and advertising strategies as needed to optimize revenue and user engagement.Stay updated on industry trends and competition to remain competitive in the market.Maintain a strong partnership with Antonio T. Smith Jr. to ensure ongoing support and development of the apps.Continuously update and improve the apps to encourage repeat usage and positive reviews.V. Funding SourcesOptions for funding the initial $2 million development and marketing costs include:Personal investmentAngel investorsVenture capitalCrowdfundingOngoing operating costs can be covered by the revenue generated from the apps.VI. Exit StrategyPotential exit strategies for the business owner include:Selling the business to a larger education or technology companyGoing public with an initial public offering (IPO)Acquiring other companies in the education or technology space to expand the business's offerings and market shareThese options would provide an opportunity for the business owner to realize a significant return on investment and exit the business.Making is easiest thing you will ever do in your life.Keeping money is the hardest thing you will ever do in your life.The system is built on unearned income and no one is letting you keep without digging their hands in it.Multiplying money is nearly inpossible.Capitalism = Make Money, Keep what you made, Multiply what you Kept.This game is not fair.Support this podcast at — https://redcircle.com/the-secret-to-success/exclusive-contentAdvertising Inquiries: https://redcircle.com/brandsPrivacy & Opt-Out: https://redcircle.com/privacy