ilmscore | How I became a Millionaire before 30!

How I became a Millionaire before 30!

Predictions from this Video

Total: 15
Correct: 9
Incorrect: 0
Pending: 6
Unrated: 0
Prediction
Topic
Status
There is a current market shortage of AI experts capable of optimizing business operations.
"Businesses are scrambling to figure out how to optimize their operations with AI. Very very few experts in the market right now."
AI in Business
Correct
Mastering an AI skill that solves a genuine business problem will lead to becoming a subject matter expert and significant life changes.
"So if you can master one such skill using AI, we are able to solve a genuine business problem, you become a subject matter expert in that and then you see how your life will change."
AI Skill Demand
Correct
A business generating lakhs per month is achievable with only 10,000 followers if 20-30 become clients paying 50k each for problem-solving.
"You can build a multi-core business with even just 10,000 followers. How? Because if you have 10,000 followers and even if 20 30 of them become your clients to solve a business problem and you charge let's say 50k to each of those clients, you are going to be earning in lakhs every single month."
Content Creation Monetization
Pending
A team of 150 people is developing an AI-powered fintech app for money management.
"As of now, we are a team of 150 people building a fintech app powered by AI to actually help people manage their money."
Fintech App Development
Pending
The number of active registered financial planners in India is critically low (600-700) for a population of 1.3 billion.
"There are only 1,300 registered semi-registered financial planners. And as per recent report, only about 600 to 700 are actually active. So, think about it. 600 people for a population of 1.3 billion people."
Financial Planning Market
Pending
The annual fees of financial planners (50,000-100,000 rupees) make their services inaccessible to 99% of the Indian population.
"these guys will easily charge you 50,000 rupees or 1 lakh rupees every single year and that is not accessible for 99% of people in India today."
Financial Planner Costs
Pending
Over 93% of individuals in India lose money when trading in financial markets.
"more than 93% of people in India lose money while trading in the markets."
Investment Mistakes
Correct
The goal is to use AI and financial data to provide customized financial plans to billions of people.
"So now we want to combine the power of financial data and AI to give customized financial plan to billions of people in this country."
AI in Financial Planning
Pending
Being an early entrant in a field allows for building a stronger reputation and commanding higher prices than later competitors.
"if you are one of the first people to do something, you are able to build a reputation for yourself and charge a lot more money than the people who come second and third."
First Mover Advantage
Correct
Content creators with a million followers can earn between 20 to 30 lakhs per month.
"somebody having a million followers is easily making 20 to 30 lakhs a month."
Content Creator Earnings
Correct
Influencers generate billions of views monthly, and their statements have a tangible impact on financial markets.
"influencers today generate billions of views every single month right what they say actually impacts the financial markets."
Influencer Impact on Markets
Correct
The entity is now a SEBI-registered investment advisor managing over 1,300 crores of public funds.
"As of today we are a sebi registered investment advisor and we manage more than 1,300 crores of public's money."
SEBI Regulation
Correct
A tech solution is needed for faster scaling of money management services due to the large and growing market problem, rather than hiring thousands of people.
"I don't want to really hire thousands of people to manage people's money. I need to figure out a tech solution to scale faster and faster because the problem is so big and it is just getting bigger and bigger."
Business Scaling
Correct
In the current AI landscape, individuals should consider if they can solve business problems using AI.
"In today's world of AI, ask yourself, can you solve any business problem using AI?"
Future of Content Creation
Correct
Building a multi-crore business is possible with as few as 10,000 followers, not necessarily millions.
"You don't really need that in today's day and age. You can build a multi-core business with even just 10,000 followers."
Audience Building
Pending