IF I Wanted to Become a Millionaire in 2026, I'd Do THIS With AI

About this video

• Video Title: IF I Wanted to Become a Millionaire in 2026, I'd Do THIS With AI
• Channel: Ritesh Verma
• Speakers: Ritesh Verma
• Duration: 13:09

Overview

This video outlines four key strategies for leveraging Artificial Intelligence (AI) to achieve millionaire status by 2026. The speaker emphasizes practical, actionable approaches rather than focusing on coding or speculative AI trends. The strategies include building resalable AI apps, operating a high-lifetime-value AI agency, transforming agency services into SaaS products, and creating high-volume digital products using AI. A fifth, more advanced strategy of AI education and community building is also discussed.

Key takeaways

• AI is creating millionaires daily: The video asserts that AI is an accessible path to wealth creation for everyday individuals, not just tech experts.
• Four core AI wealth strategies:
  1. AI App Goldmine: Build one AI solution that solves a common problem for an entire industry and sell it repeatedly. This focuses on scalability through a "build once, sell many times" model.
  2. High LTV AI Agency: Focus on enterprise clients and offer ongoing AI transformations, positioning yourself as a strategic partner rather than a one-off service provider to maximize lifetime client value.
  3. Agency to SaaS: Develop custom AI solutions for clients and then generalize them into SaaS products for a broader market, using initial client payments to fund development.
  4. AI Media Design Empire: Utilize AI tools to rapidly create high-volume digital products like website mockups, book illustrations, and ad creatives, competing on speed and volume rather than price.
• The "Pain, Payment, Population" framework: This method helps identify lucrative industries to target by assessing if they have a significant problem (pain), a history of paying for solutions (payment), and a large enough market (population).
• Avoid perfectionism: The biggest mistake is spending too much time building a "perfect" solution before validating the problem with actual customers. Launching an imperfect but functional solution is key to faster progress and revenue generation.
• AI Info-products: Teaching others AI through communities or coaching can be a significant revenue stream, with the potential to also find talent for larger projects.