In this video, Codie Sanchez and “Chad GPT” (AI) team up to see if they can build a $1,000 business in just one day. Codie explores using AI to automate the process of flipping items found for free online, aiming to make a profit through simple trade. He walks through each step, showing the capabilities and limitations of current AI technology in a real-world business scenario.
Key Takeaways
- AI can efficiently find and organize listings of free items from online marketplaces.
- AI can draft and send messages to sellers, but may face restrictions due to unusual activity detection by platforms like Facebook.
- AI can successfully arrange and schedule courier services for item pickup and delivery.
- AI can research and suggest pricing for resale items based on market analysis.
- AI can create compelling sales listings to attract buyers.
- While AI can automate many tasks, human oversight and intervention are still necessary for now to overcome limitations and manage complex interactions.
- The experiment demonstrates the potential of AI to streamline business processes and create income, but also highlights the need for further development and human guidance.
Starting a Business with AI
Codie Sanchez begins by explaining his plan to use AI, specifically a premium version of ChatGPT he calls “Chad GPT,” to start a business based on simple trade. The idea is to find free items, have them transported, list them for sale, and profit from the price difference.
AI Finds Free Items
Codie instructs Chad GPT to search Facebook Marketplace and Craigslist for free items. The AI quickly identifies 37 items matching the criteria and starts generating a spreadsheet with listings. This demonstrates AI’s ability to rapidly process large amounts of data and organize information efficiently, much faster than a human could manually.
AI Messages Sellers but Faces Restrictions
Codie then tasks Chad GPT with messaging sellers to inquire if the listed items are still available. Initially, the AI successfully sends messages. However, after around 20 messages, Facebook restricts the account due to “unusual activity.” This shows that while AI can automate communication, it can trigger security measures designed to detect bot-like behavior. Human intervention is needed to navigate such blocks.
AI Arranges Courier Service
Despite messaging limitations, Codie highlights AI’s strengths. He then focuses on logistics, asking Chad GPT to arrange a courier to pick up a large cabinet. The AI attempts to use Uber but fails at the captcha stage, seemingly being unable to convincingly pass as human. Codie then redirects Chad GPT to use a local courier service called “Lug.” The AI successfully schedules a pickup using Lug, showcasing its ability to interact with online services and automate real-world tasks like delivery arrangements without direct human input.
AI Values and Lists Items for Sale
Once the items are collected, Codie asks Chad GPT to research the resale value of each item. The AI searches Bing and Facebook Marketplace to find comparable listings and suggests pricing. It also creates spreadsheets summarizing potential resale values. Codie then instructs Chad GPT to create compelling listings for Facebook Marketplace to sell the acquired items. The AI generates sales-oriented descriptions, demonstrating its capability to understand salesmanship and create marketing copy.
First Sale and Human Oversight
Codie monitors the listings and a buyer, Juan, messages about a baby stroller. Codie manages the negotiation and arranges a pickup with Juan. The stroller is sold for $100. Codie observes that while AI was instrumental in many steps, human involvement was still required for negotiation and final sales interaction. He concludes that while AI is powerful, it isn’t yet fully autonomous in all aspects of business.
Scaling the AI Business
Codie discusses how to scale this AI-assisted business using a framework of “Multiply, Diversify, Automate, and Uplevel.”
- Multiply: Run multiple AI agents simultaneously for product sourcing, selling, and logistics.
- Diversify: Expand the AI’s roles and tasks within the business.
- Automate: Implement further automation through tools like Zapier or by using human employees for tasks AI can’t handle yet.
- Uplevel: Shift to higher-value business models as AI capabilities grow, rather than remaining limited to small-scale flipping.
Results and Future Potential
Codie reveals the day’s results: $145 in sales from smaller items and $3,357 worth of free items acquired, but not yet sold. He estimates the potential annual revenue could reach $54,000 from smaller items alone and significantly more if larger items are also sold. Codie emphasizes that AI is a tool to enhance human capabilities, making businesses smarter, faster, and more profitable. He encourages viewers to explore AI’s potential for business and refers to a “Chad GPT Blueprint” and other AI-driven business opportunities linked in the description.
Conclusion
Codie Sanchez concludes that while AI didn’t fully run a business autonomously in one day, it fundamentally changed and streamlined the process. AI effectively handled tasks like negotiation, finding items, managing logistics, and selling online, previously exclusive to humans. He positions AI not just as a trend but as a transformative force, urging viewers to adapt and participate in the upcoming changes in business and the world.
Business Opportunity Rating: 6 out of 10
How easy/difficult to start: Medium
Easy to start because:
- Idea is simple to understand.
- Finding free stuff online is easy with AI help.
- AI can help with many tasks like writing messages and listing items.
- Starting cost is very low as items are free.
Difficult to start because:
- AI is not perfect and needs human help sometimes.
- Facebook and other sites may block AI actions.
- Finding good free items that can be sold for profit takes time and effort.
- Selling items and arranging delivery still needs human work.
- Making a lot of money might be hard because of these problems.
You could likely start making some money relatively quickly with this opportunity due to the ease of finding free items and utilizing AI for various tasks, which minimizes initial costs and streamlines setup. However, achieving substantial and consistent income will likely take more time. While you can quickly list items and potentially make initial sales, the limitations of AI, the effort needed to find genuinely profitable free items, and the necessity of human involvement in sales and delivery mean that scaling up to a significant income stream will require sustained effort and time to overcome these hurdles.
