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Creators,

Are you stuck with stagnant revenue from your current flagship offer, and are you unsure why your content creator business isn't thriving?

You probably know you want to expand into new offerings, but you always second-guess whether they’ll sell.

Don’t worry, I got you!

This is Jamar from The Creator Report, the newsletter that helps content creators and online entrepreneurs use AI to monetize their attention, make more money, and work less.

Today, I’ll show you how to use ChatGPT to find and validate new offers and build new profit channels for your business. This will allow you to quickly filter out bad offers and double down on proven winners.

You’ll discover:

• The “All-in” mistake that’s costing content creators and online entrepreneurs months of work validating ideas

• How to use segmented niche market experiments to fail small and win big almost every time

• Why does the “J Curve” effect mean you can fail 9/10 times and still be uber-successful in scaling your business

• How to explore five new profit streams for your business in under 4 minutes with the Offer Validator prompt

Let’s. Crawl. in 🦎

From Zero to Hero: How I’m Growing My Followers With An Automated AI Process

As someone who's built a thriving online business from scratch, I know firsthand how game-changing the right strategies can be.

After completely burning out on creating content in 2023, I was determined to build a more automated process to double my content output while doing half as much work.

That's when I discovered the power of AI for content creation.

By leveraging AI tools and frameworks, I was able to:

• Create a week's worth of high-quality content in under 2 hours

• Grow my audience on autopilot while capturing and following up with leads automatically

• Automate and generate content that authentically resonates with my ideal audience, keeping them returning for more

My recent results were so encouraging that I knew I had to share my strategies with fellow content creators and entrepreneurs in a more community-based method.

And so, The AI Escape Community was born.

>>> Click here to get on our list for early access to The AI Escape Community so we can help you leverage AI and automation inside your business as a content creator.

The “All-in” mistake that’s costing content creators and online entrepreneurs months of work validating ideas

Online entrepreneurs often go “all in” on one idea because it seems exciting — before confirming real demand from their ideal audience.

The result?

80% of new businesses fail without proper validation…

…causing wasted time, money, and dozens of sleepless nights.

This only worsens because content creators and entrepreneurs like us don’t have co-founders to call out our worst ideas.

There’s no one to place the blame on but yourself.

Another way I like to look at this:

We suck 20X more at predicting the future than we think.

I learned this firsthand in the volatile crypto markets, where even the best analysts couldn’t predict 3 months into the future.

You need conviction to be an online entrepreneur, but more often than not, your overconfidence blinds you.

That’s why the best way to build out a new profit stream into your business isn’t to ask:

“What profit idea do I believe the most in?”

But instead:

“What profit idea do I have the most evidence for that will succeed?”

Instead of going all-in on one idea (or crypto coin, stock, etc.) right away, you always want to “de-risk” your bet by conducting segmented niche market experiments

How to use segmented niche market experiments to fail small and win big almost every time

A segmented niche market experiment is a small, limited-scope test to validate an idea.

These experiments are powerful because they allow you to gather real market data without a big upfront investment.

This leads to three huge benefits:

• Low commitment (so you can cut losses quickly)

• Real market feedback - beta tests (instead of you guessing demand)

• Avoid big failures (instead, you may fail “small” 10 times)

Here’s my most recent example of this:

Two months ago, I started building the AI Escape Community in May this year.

The idea was to create what “I” thought would be the best course curriculum for leveraging AI into content creation.

I expected at least 10% to 20% of readers to opt into the waitlist for the community.

So, I built a waitlist. And built a huge list of videos that needed to be made.

However, as time passed, only 1% of my readers signed up for the waitlist, which was far below my expectations.

I then realized that the private community and the courses being created had no feedback from the newsletter audience, so the copy couldn’t demonstrate how the community could solve any pain points my audience may have with this emerging technology.

This led me to consider different ways of getting feedback more directly, like holding a live five-day challenge.

On the back end of the challenge, I could offer the community a place where people could exchange ideas and continue cultivating their AI content creation skills.

Chances are the conversion rates into the community would be much higher.

Yet, if I hadn’t utilized any feedback for the planned courses while creating them, I may have just worked on launching a paid community for three months and wasted 100s of hours on it because it didn’t solve people’s problems.

And there’s a real explanation why de-risking many ideas beats betting big on one:

Why the “J Curve” effect means you can fail 9/10 times and still be hyper-successful

The J Curve effect is a concept borrowed from angel investing.

This concept is that the “failed” projects fail much faster than your winner wins.

That means you may see a negative return in the beginning by testing many ideas.

This is OK.

But after you’ve found 1 idea that works well, it 100X’s the return and “bails out” the failed ones.

You will mitigate risk through diversification by testing five ideas instead of all in one.

If 9 ideas fail but 1 takes off, you still win.

(in angel investing, usually 1 great investment “bails out” the remaining 9)

Of course, let’s leverage AI for this!

How to explore five new profit streams for your business in under 4 minutes with the Offer Validator prompt

This prompt helps you identify new profit streams that uniquely fit your business and experiments to validate them (including benchmarks):

I want you to act as Offer Validator, an AI specialized in brainstorming new profit streams uniquely relevant to my business and experiments to test the new streams' effectiveness.

For context, [INSERT CONTEXT]

Now, I want you to do the following:

1) Silently analyze my business situation based on the context I gave you
2) Come up with 5 genius, overlooked ways to develop new profit streams based on my current situation that you believe play to my strengths based on the context provided. 

Output each recommendation in this way:

*[Insert Profit Stream Method]*

*Why it's a good fit* [Explain why you believe the profit stream method makes sense in 2-3 sentences]

*How to de-risk*: [Come up with a low-risk and low time-commitment way to test the demand for this profit stream. Also, recommend a tangible benchmark (like a number or percentage) that makes the test a success and/or failure]

Constraints:

1) The suggested benchmarks should be high and dependent on real buying interest. People vote with their wallets.
2) The suggested profit streams should be moonshots that have at least a 10X potential of my current business size.

HOW TO USE THE OFFER VALIDATOR PROMPT:

1. Fill in the [INSERT CONTEXT] placeholder with context about yourself and who you are.

   Example: (what I used)

   I am an online marketer, digital marketing agency owner, and content creator, and I write a publication called "The Creator Report." I post content on TikTok, Twitter, Instagram, and Facebook, and I have a community full of AI-driven content creators and entrepreneurs, and I publish a newsletter once a week. All my content is made specifically about how content creators and online entrepreneurs can use AI to streamline their business, work faster, and make more money. Most commonly, I talk about different ways to use ChatGPT, but I also introduce online entrepreneurs to other helpful AI tools and workflows them. My content aims to attract as many AI-interested content creators and online entrepreneurs (or aspiring solopreneurs) as possible. I want to be the world's best resource for them. I don't know how to code, but I'm fairly skilled at marketing, copywriting, AI prompt generation, AI automation, and AI content creation. In the past, I was a military officer and cryptocurrency investor, and I also used many educational resources to learn about skills related to online entrepreneurship. I am a big proponent of travel and have positive experiences traveling the globe. I don't take myself too seriously.

WHAT YOU LEARNED TODAY

• The “All-in” mistake that’s costing content creators and online entrepreneurs months of work validating offer ideas

• How to use niche-segmented market experiments to fail fast and win big almost every time

• Why the “J Curve” effect means you can fail 9/10 times and still be uber-successful

• How to explore five new profit streams for your business in 4 minutes with the Offer Validator prompt