The Entrepreneur Forum | Financial Freedom | Starting a Business | Motivation | Money | Success

Welcome to the only entrepreneur forum dedicated to building life-changing wealth.

Build a Fastlane business. Earn real financial freedom. Join free.

Join over 80,000 entrepreneurs who have rejected the paradigm of mediocrity and said "NO!" to underpaid jobs, ascetic frugality, and suffocating savings rituals— learn how to build a Fastlane business that pays both freedom and lifestyle affluence.

Free registration at the forum removes this block.

What's Your Side Hustle?

Startup Steve

Contributor
User Power
Value/Post Ratio
107%
Oct 29, 2018
81
87
Well that sounds better. Still a bit vague though...are you automating investments, social media interaction, or what?
Also, is this an MS based AI framework or Google or something else?
Sent from my VS995 using Tapatalk

Yes, Google and Microsoft tech stacks. Like any other automation initiative, you start with creating accelerators to support business functions then increase scope and complexity allowing complete functional areas of an organization (marketing, sales, hr, etc.)
 
Dislike ads? Remove them and support the forum: Subscribe to Fastlane Insiders.

MAB1138

New Contributor
User Power
Value/Post Ratio
129%
Nov 28, 2017
14
18
49
New York (State, not city)
Yes, Google and Microsoft tech stacks. Like any other automation initiative, you start with creating accelerators to support business functions then increase scope and complexity allowing complete functional areas of an organization (marketing, sales, hr, etc.)
Ok, interesting. It sounds like you have a product or products that you're using AI to automate the marketing and sales process, but AI is not the core of your business..

Sent from my VS995 using Tapatalk
 

Longinus

Platinum Contributor
Read Fastlane!
Read Unscripted!
Summit Attendee
Speedway Pass
User Power
Value/Post Ratio
441%
Aug 28, 2014
1,132
4,995
Poland / Belgium
Ok, interesting. It sounds like you have a product or products that you're using AI to automate the marketing and sales process, but AI is not the core of your business..

Sent from my VS995 using Tapatalk

It's usually vague because it's BS. He's just posting around here to promote his website.
 

Jeff Noel

Go all in.
Read Fastlane!
Read Unscripted!
Speedway Pass
User Power
Value/Post Ratio
219%
Oct 26, 2018
699
1,534
Quebec, Canada
Creating addition automated business with the use of AI in generating passive income.
That's pretty much a full time job.

Coding the machine learning algorithms to make a decent AI after millions of iterations (where's the data? What's the source?), then trying to sell that AI to customers... that's far from a side hustle in my opinion !

Especially since any decent business owner will look twice at the AI before jumping in. It needs to have a 99%+ accuracy. Who's accountable if the AI makes a mistake (depending on what it is used for) ? There's probably some need for legal protections around all that too... and the privacy of the customers data.
 
Dislike ads? Remove them and support the forum: Subscribe to Fastlane Insiders.

jpanarra

Platinum Contributor
Read Fastlane!
Read Unscripted!
Speedway Pass
User Power
Value/Post Ratio
293%
Jan 9, 2014
965
2,825
34
Indianapolis, Indiana
That's pretty much a full time job.


Precisely this, If it was something you did 1 hour a day... I'll get it but it sounds like a full time hustle as opposed to doing something quick and getting cashin hand
 

Startup Steve

Contributor
User Power
Value/Post Ratio
107%
Oct 29, 2018
81
87
Ok, interesting. It sounds like you have a product or products that you're using AI to automate the marketing and sales process, but AI is not the core of your business..

Sent from my VS995 using Tapatalk

We use AI to automate the marketing and sales of AI solutions. The delivery side is operationalized and outsourced.
 

Startup Steve

Contributor
User Power
Value/Post Ratio
107%
Oct 29, 2018
81
87
It's usually vague because it's BS. He's just posting around here to promote his website.
Asumed most people would undersand the details.
That's pretty much a full time job.

Coding the machine learning algorithms to make a decent AI after millions of iterations (where's the data? What's the source?), then trying to sell that AI to customers... that's far from a side hustle in my opinion !

Especially since any decent business owner will look twice at the AI before jumping in. It needs to have a 99%+ accuracy. Who's accountable if the AI makes a mistake (depending on what it is used for) ? There's probably some need for legal protections around all that too... and the privacy of the customers data.

Wow, lots going on there.

Context
I have operationalized the process of creating businesses, it follows a lot of what @Sean Marshall (documented here), and spin up legal entities in about 3-5 business days taking me about 4 hours of working with my team. My role in these ventures is CEO and have COOs. This venture takes about 5 hours of active participation.

As for some of your comments
Yes, there is a data scientist working with tools and data to make patterns, models from the patterns, and predictions from the models. There is a training of the models and they do not need 99% accuracy precision to meet "fit for purpose". Data privacy is an industry practice due to regulatory and compliance requirements and is not AI specific. We have 4 levels of data classification in our process an do not work with PHI and only limited PII. Hope that helps.
 
Dislike ads? Remove them and support the forum: Subscribe to Fastlane Insiders.

Jeff Noel

Go all in.
Read Fastlane!
Read Unscripted!
Speedway Pass
User Power
Value/Post Ratio
219%
Oct 26, 2018
699
1,534
Quebec, Canada
Asumed most people would undersand the details.


Wow, lots going on there.

Context
I have operationalized the process of creating businesses, it follows a lot of what @Sean Marshall (documented here), and spin up legal entities in about 3-5 business days taking me about 4 hours of working with my team. My role in these ventures is CEO and have COOs. This venture takes about 5 hours of active participation.

As for some of your comments
Yes, there is a data scientist working with tools and data to make patterns, models from the patterns, and predictions from the models. There is a training of the models and they do not need 99% accuracy precision to meet "fit for purpose". Data privacy is an industry practice due to regulatory and compliance requirements and is not AI specific. We have 4 levels of data classification in our process an do not work with PHI and only limited PII. Hope that helps.

Thank you for the explanation. It definitely looks more like a side hustle now (from your point of view).
That's actually a really interesting hustle !
 

minivanman

Platinum Contributor
Speedway Pass
User Power
Value/Post Ratio
265%
Mar 16, 2017
1,722
4,562
54
DFW
With the sound of all that work, I think I'll stick (no pun intended) to selling gum ;)
 

Post New Topic

Please SEARCH before posting.
Please select the BEST category.

Post new topic

Guest post submissions offered HERE.

Latest Posts

New Topics

Fastlane Insiders

View the forum AD FREE.
Private, unindexed content
Detailed process/execution threads
Ideas needing execution, more!

Join Fastlane Insiders.

Top