Masterful Marketing With AI As Your Co-Pilot, with Joe Stolte
April 30, 2024
Hosted By
Joe Stolte is the CEO and cofounder of daily.ai, an innovative artificial intelligence newsletter that designs, writes, and tests itself to cater to user preferences. Dan, Gord, and Joe explain all of the ways entrepreneurs can benefit from AI that might not be obvious, and share what questions content creators should be asking themselves before trying different things.
In This Episode:
You learn more from start-up failures than successes.
People project their belief systems onto what’s going to happen in the future.
AI plays a crucial role in content marketing by shifting the focus from outputs to outcomes, emphasizing personalization and enabling one-to-one marketing versus the one-too-many conversation we’re used to in marketing.
With generative AI, the cost of content creation is rapidly approaching zero.
Generative AI allows anyone to create content, which means we’re going to get a lot more content coming into the world than we’re even seeing now.
There are three forms of truth: what a company thinks the market wants, what the market says they want, and what the market actually wants.
Almost half of the content people are pumping out right now serves to push people away from the sale. This is because it’s not useful, and it’s intrusive.
Data has a feedback loop to improve what's going out into the market to actually give people what they want, when they want it, through the channels that they want it.
The biggest problem with any new technology is that it’s unfamiliar. You simply have to normalize the experience of engaging with it.
Resources:
Learn more about Joe Stolte and daily.ai
Dan Sullivan’s AI newsletter is The Spark
The advanced AI assistant discussed is Perplexity
Podcast: 10xTalk with Dan Sullivan and Joe Polish
Book: Who Not How by Dan Sullivan and Ben Hardy
Article: Time Management Strategies for Entrepreneurs (Effective Strategies Only)
Article: How To Sell Transformation Using This One Question
Episode Transcript
Gord Vickman: Welcome to the next episode of Podcast Payoffs. My name's Gord Vickman here with my pod partner, Dan Sullivan. And Dan, special guest today is Joe Stolte. He's the co-founder and CEO of Daily.ai. We have a partnership with Joe here at Strategic Coach, your newsletter, GetTheSpark.ai. It's called The Spark, but you can get it at GetTheSpark.ai. And we're positively chuffed to have you with us here, Joe. How are you this morning?
Joe Stolte: I'm outstanding. I don't think I've ever heard the word chuffed used on a podcast before. It's great.
Gord Vickman: A little throw over to our UK friends there.
Dan Sullivan: Yeah. So Joe, we met at Abundance 360. You know, I was instantly intrigued with the artificial intelligence newsletter that essentially designs itself and writes itself and then tests itself and gives you the numbers. And then it's constantly modifying the next issue in order to take advantage of what it's finding out about what the readers like and what the readers don't like, and, you know, which particular topics and which particular authors seem to have the greatest impact on the readership. But give us a little history of this, because you have quite a technological background before you took on this new venture. So can you give us a little bit of your history?
Joe Stolte: Yeah, absolutely. So I mean, my history is I started my career in management consulting, which was fun to learn, but very quickly became boring. And I thought maybe, you know, maybe I can move on to like working for technology companies who worked at Microsoft for a few years only to find out that that was like even more boring. So I decided to leave a pretty comfortable job and I moved from Seattle, where I was at Microsoft, and I moved down to Venice Beach, California in LA. And I started my first technology company, you know, and you kind of fast forward to now, this is my fifth technology start-up. We've had three successful exits, two spectacular failures, which I learned so much more from than I did from our positive exits. As cliche as that sounds, it's very true. So yeah, for the last 11 years, I've been really focused on, you know, how do you take great ideas and then bring the right people, the right capital, the right resources together, and then you use technology to bring them into the world and, you know, ultimately make it a better place and exchange value. But interestingly enough, you know, with daily.ai, the origin of this business actually goes back to one of my business partners, Evan Pagan. So way back in, you know, must have been 2013, 2014, you know, almost 10 years ago, Evan was in this place where he was really struck by how much change was taking place from a technological perspective. And, you know, he really wanted to keep up with it. He thought that if he could see the way that technologies were colliding and intersecting with each other, that there was really something to be learned about. you know, how to exchange value and how to, you know, be an entrepreneur, take resources from lower value to higher value. And so he just had a team kind of manually pulling all this news together so he could just like look at it and get a sense of, if I read enough of this, can I kind of predict the future a little bit? So that was the origin of the idea. You know, and then when I came along, it wasn't yet really a company and there wasn't a lot going on in terms of commercial exchange. And I had just sold my last company and I was like, man, this is fantastic. So, you know, I became the CEO and really kind of rebooted everything. We rebranded from Futurescope with daily.ai and built a fantastic team. Like I'm really proud of the team that we've built. It's become really fun. We had good success last year in the business and it was perfect timing. Timing is a factor I've never really considered as an entrepreneur, but it was great. AI became the most talked about thing and we were right in the right position to have that conversation. But I think more than anything, it's been really interesting to see how people react to kind of what I'll just call the first true exponential change real time in our lives. You know, cell phones made a big impact and the internet made a big impact. But in some way, the uptake of those technologies was quite slow compared to what's happening with AI, right? Or at least generative AI. And so it's been really fun to just watch how people behave, you know, and project their belief systems into what's going to happen in the future. So beyond the business, that's been a really interesting thing to sit back and observe.
Gord Vickman: Joe, there's the obvious time savings. Everybody knows that AI can save you time because it can do things for you. But in terms of content marketing, not only just the newsletters, but we're thinking about videos and podcasts and whatnot. We cover that a lot on this program. What are some things that people might not be thinking about that AI can assist with, apart from the obvious, which is, okay, it'll save you time, but what else, you know, like peel back the layers of the onion a little bit, what else can AI do as a benefit in terms of content marketing that you've seen in your experience?
Joe Stolte: One thing that I've observed is anytime you're having the efficiency conversation, you should be very mindful of the effectiveness conversation. Meaning, just because we can do it faster and more efficiently, does that make it more effective? Or better. So we like to focus on outcomes over outputs. Because today, what's great about generative AI, which is just one form of AI, is it's making the cost of creating content, it's very quickly becoming zero, which means that anybody can do it, which means we're going to get a lot more content into the world that we're even seeing now. But is it good? Good meaning like, do people listen to it? Does it help them? Does it bring value back to your business in terms of how they engage? Does it take them into your sales process in a meaningful way, if that's the objective of your content? So you know, one thing that we've observed is that there's basically three forms of truth. There's what a company thinks the market wants, there's what the market says that they want, and there's what they actually do. And those are almost always three different things. So I think what's great about AI, another kind of AI, called machine learning, is we can watch all three of those. And we can pay attention to what people actually do versus what they say they're going to do or what we think they're going to do. And then we can double down on that. And so there's two big trends when it comes to content marketing, Gord, that I think are important to pay attention to. The first one is the cost of content is going to zero. So we can literally create any kind of content right now with AI in seconds. This conversation, if we would have had it nine months ago, I wouldn't have said that. But we can do text outputs, we can do audio outputs, and we can now do very high-quality video outputs. But the question is, is it going to be very good? And I think the answer to that comes from machine learning, where this is the other trend, is we can start to sub-segment down to the level of one. So marketing historically has been really like a one-to-many conversation, right? It's like, instead of where selling was one-to-one, marketing was one-to-many. Well, now we can enter into a world where marketing could be one-to-one. Like, what does Dan want to see today? What does Gord want to see? What does Joe want to see? And then a brand, instead of sending one communication or one piece of content, the near future are going to be able to send one piece of content where it's totally catered to the individual level. We might record a whole podcast, for example, but then like, machine learning will know what Gord wants to hear in that podcast. So it can actually filter sections out and just give him a string of the greatest hits and say, do you want to listen to the whole thing? Do you want just the parts that I think are relevant to you? Same thing with emails, same thing with voice. One thing that I'm seeing that's really interesting is we're now starting to use this tool in our business where let's say you're going to do a follow-up. In our company, we call this a CEO touch. Like if somebody comes in and books a demo and then they don't necessarily buy or they're kind of on the fence and it's been too long, what we'll do is like, historically, I will have sent them a voice note. You know, hey Gord, thanks for reaching out. I saw that you booked a demo with us. If there's any other questions I can answer, love to know if you're in, out or have any questions and just let you know we're here to support you. Thanks for trusting us. Well, now I can send that whole thing. I can record that voice note. And then with a high quality fidelity, just replace Gord with Dan or Joe or Jim or Jane or Sarah. And we can just automate that whole thing. So the question is, do you want to do that? Should you do that? I don't know. But those are the trends I see. Personalization. And then we're going to go from one to many to one to one, which is fascinating to see how that's going to show up in the world.
Dan Sullivan: One of the things I found intriguing about the prep work that we did to get on board with the AI newsletter was you asked me what my own personal thought leaders were. There were some suggestions like, you know, very famous tech people. And I said, well, they're not even people that I read, so I'm not going to impose this on someone else. But it was more people that I know in Strategic Coach, and then some authors like Peter Zion, I'm a big Peter Zion fan. And so are a lot of my clients. So I know that if we get a Peter Zion podcast or article, we can direct them. But I found that very, very interesting. And the other thing is, it's actually kind of sneaky on your part, Joe, is that as you accumulate authors, you're using the authors who have one newsletter to populate as a guest author on another newsletter. And that's another advantage of AI that you can't do manually. Definitely.
Joe Stolte: So what's interesting is there's a flip side to that, Dan, is we do the same thing with subscribers. I mean, I'll talk about us, but let's put it in the context of what's possible with AI for people's businesses. So we, for example, onboarded Robert Kennedy Jr., the presidential candidate, as a customer. This is not an indictment of or endorsement for his policies. He's a customer of ours, right? And he has a fairly substantial list of subscribers, as you would imagine. However, when he came on the platform, just shy of 30% of his subscribers are already on our platform opening content from someone else's newsletter. So what does that mean? That means that we have data on what they open, when they open, the subject lines that are most likely to entice them, and the things that are actually going to hook them and keep our attention. So in some ways we have a little bit of an advantage even over the publisher, because in many cases they're going to know more about their subscribers than they would as we get more and more subscribers on the platform. That's one thing that we can pass to everybody's benefit, but also we're going to go deep into specifically what that customer base wants or what that subscriber base wants so that we're learning what they're opening and what they're into and the things that are important to them. But I love the point you made, which is as more people join the forum and they're making great content, you know, like you guys have amazing content, like Strategic Coach has outstanding content. So that content shows up in a lot of other people's newsletters. Chris Voss has outstanding content. I mean, that shows up in your newsletter. It shows up in Joe's newsletter. Joe Polish's newsletter shows up in lots of people's newsletters. Why? It's great content and people click on it. So machine learning is going to grab more of what's working, basically.
Gord Vickman: So I heard you say on a partner podcast of ours, you brought up Joe Polish moments ago. That's 10xTalk and has been hosting that show with Joe for over a decade now, one of the OGs in the industry. You said that 40% of the content people are pumping out there right now actually serves to push people away from the sale. You hear that and you're like, that's unbelievable. You mean half the stuff I'm putting out there actually drives people away from what I want them to do. So I'd like you to explain that on this show because people may be doing something and they can carry a little nugget away from this to maybe try and improve that. So why would 40% of the things people are doing be pushing money out the door as opposed to pulling it in?
Joe Stolte: Yeah, really good question. It's really simple. It's the wrong message to the wrong person at the wrong time on the wrong channel, in many cases with the wrong offer. It's mostly a math equation if you watch what people do enough. Let me step back to create content. starting from zero, making something great, using your intuition. It typically takes teams of people. And what happens is you create what you think is a great piece of content, but you don't actually look at the data. Did people click? Did it flop? What can we learn from this? That data has a feedback loop to improve what's going out into the market to actually give people what they want, when they want it, on the channels that they want it. And so that's the big reason that it pushes people away is because it's not useful. It's not useful and it's intrusive. And so if you can start to figure out what time, for example, people open content or what time they engage with it, and you can release it and stage it to those people in those times. And that's a huge differentiator. If you know, for example, some of your subscribers or followers or customers are, let's say below the age of 30 and they don't check their email very often, but they look at their phones all day and check their SMS and you can deliver to them over SMS, they probably appreciate that. But when I'm in my inbox and I don't like email and I get the email from you, I'm like, ah, like an email to read or vice versa. Some people are like, stay out of my text messages. Like, I don't want you to text me. I don't care how valuable it is. That's like for my family and friends and take them to me. So knowing these things is really important. And you can do that today. You can use pretty sophisticated tools and data science to sort of unpack this stuff. And even if you just make a valiant attempt to just play with things and look at the data, you'll be in a much better place. But, you know, unfortunately, especially now with AI, it's really easy to create mediocre content and spew it all over the place. And unfortunately, that doesn't always have the effect that you want it to have.
Dan Sullivan: Just to do the flip side of the coin, we actually want to drive people away in certain situations in the sense that once people find out about us, they call us, and that uses up staff time. So more and more, for example, the three books that we did, Ben Hardy was a great screener for us because they put in a lot of effort to read the books, listen to the books, so the jump in qualified leads over the last five years since the first book went out was really tremendous in terms of our ultimate registration results. Because before, you know, we used to have problems with people coming in the first workshop. As you know, Joe, because you're in the Program, we have a very distinct style of coaching. We don't give you answers, we show you how you have your own answers and you can tap into your own answers. Well, some people want to be saved and then they'll come in and they disrupt the workshop. So more and more, we're keener about just making sure the matchup between them and us is determined before they ever show up and start seeing our meal money and our resources.
Joe Stolte: Yeah, that's really smart. I think the other thing that Coach does really well is publish long-form podcast content. It's not the same as a book in terms of a demand on your attention, but a certain kind of quality of prospect or business owner is going to get to the end of a podcast and you get to end up several podcasts, that says something about your attention span, your commitment, kind of what you're digesting in terms of what Coach is putting into the world. It gives you exposure to what experience you'll get at Coach and the thinking tools that you'll get and knowing that you should be thinking about your thinking. I mean, you listen to enough podcasts and you get there as well. So I think the combination of those two things is really smart. One thing I like that has nothing to do with AI, I mean, AI could certainly enhance it, is I like to think about positioning as like, what does your market think about from you before they ever talk to you or buy from you? And so the more that you can help shape a perspective in a way that's reflective of what they're actually going to get when they buy from you, the better because it increases the trust. But to your point, Dan, it's an amazing filtering mechanism so that the wrong people get on the other side for one reason or the other, because it's a bad experience for them and it's a bad experience for everyone else that's in the container of whatever you're trying to deliver people. And so we've been doing very similar things. We haven't written a book, probably won't, but. We've asked ourselves a lot, how can we get people the right information up front before they book a call so that they know, they can limit the strike zone to what people are actually interested in and that overlap between what we provide. That way we don't have to waste time on calls. We don't have to waste their time either. If you could get some other piece of information and make your decision that way and you weren't a good fit, fantastic, everybody wins. So I love that.
Dan Sullivan: Well, it goes back to your one to one content, you know, I mean, there's a particular type of person who's looking for what we're offering. Okay. And I often say that the person set up for a Strategic Coach already decided to do this a year before they actually found out about us. They had tried as hard as they can to be their own coach and it hadn't worked. They had reached a ceiling and their own improvement. And then when we tell them how it works, we actually, as much as possible now, I'll be doing a Zoom call, worldwide Zoom call, the week after next. But I actually give them a couple Strategic Coach tools, and I take them through it, and I say, what's your experiences with Strategic Coach workshop? This is actually a workshop. And we're just giving it to you so that you can actually experience what the dynamics of the workshop, what the interaction is like. But also, we're pointing out the fact that we're just creating structures so that you can think about your thinking in a way that you usually can't.
Joe Stolte: Yeah, I love that. I was definitely one of those people. But instead of a year, it was probably like three years. I read every book, listened to every publicly available tool. But it's different when you're in there. It's different when I think there's something really special about is everyone's kind of in there with the collective intention on my individual basis, like, I want to use these tools to improve my thinking. I want to use these tools to have, gain the same benefits. And so I think when you come in with that collective intention and you have the tools and you have the facilitator, then all of a sudden something really magic happens. It doesn't happen when I'm reading, like, Who Not How on the beach in Hawaii or something, you know, it's a whole different level of accountability and experience. Yeah.
Gord Vickman: Does that have a name, the lag time between first introduction and the adoption? I think it's called lag time. Lag time? I was going to suggest the simmer time or the soup time. What's the soup time? Because you're simmering soup. Yeah, soup time. What's your soup time between when you first hear about something to the point where you're actually sending the check? Yeah. So there you go. I don't know. I might have just coined something.
Dan Sullivan: No, I think just from a marketing standpoint is to actually create a compelling future that makes sense for them to change what they're doing right now to get to that compelling future. And I never sell pain. I just sell possibility. I never dwell on what people are doing wrong or where they're not doing things right. I'd say there's a different way of doing this. And would this interest you if this is the way your days worked, if this is the way your teamwork, if this is the way your customer interaction worked, if that's interesting to you, it would be interesting going through a process, kind of not doing what you're doing and doing something new and different.
Joe Stolte: Yeah, I love that. I mean, you're really positioning transformation. You know, Stephen Covey said something that I love, which is awareness creates its own momentum. So if you can make me aware of what's possible in my life, I've automatically become aware of what I don't have and where I'm at today. And just like, that's a beautiful place to invite somebody into a transformation. And I think that a lot of what we miss out on as entrepreneurs is that at some level, everything that we're doing is a possibility for transformation. Even the person that's coming to your dreams or like mow your lawn, like there's some positioning or angle that like this could actually create a better future for yourself, a bigger future, better future. And it's really just inviting them into that place in their minds. And if you can do that, I think that's like some of the best, you know, if you want to call that marketing in the world, because we're giving people vision and hope and possibility where there was none before. And I think that like, if you can give them the vehicle to have the courage to step into that, I don't know if you call that marketing and sales, but influence that you could wield as an entrepreneur.
Dan Sullivan: Joe, what's happened to you since, you know, many changes of thinking? And you mentioned one, the one-on-one marketing, but, you know, you did other technologies before this because AI, in the way that we're experiencing, it is fairly new on the scene. And what's it done to your own thinking about who you are as an entrepreneur and what your future looks like?
Joe Stolte: Yeah, it's definitely changed the way I think about the future because the way that my brain works is I'll cast a vision. I don't necessarily dwell on the how, but if I can see a kind of a path through, no matter how unrealistic, then it supercharges what I think is possible. And now with machine learning, AI, et cetera, man, there's just so many new capabilities that are emerging that didn't exist before. My imagination sees that and it's like, wow, like what's possible? An early mentor of mine, a guy named Wyatt Woodsmall, he says that possibilities are the enemy of priorities. That just really speaks to focus, and I really love that. I'm good at focusing, but I also have a wild imagination. So I'm constantly seeing new possibilities. So what it's done for me is I'm challenging myself. I think the things that I thought were possible three years ago need to be expanded substantially because of the exponential change in technology. I'll tell you one of them. I don't think software is going to exist in like five years, maybe. I don't know what the time, but I know it's basically on its last legs. I believe it will be something like, hey, you give me your data, your subscriber list, your payment data, and your data sources. And then I will be having a chat, voice, or video conversation with a generative AI that will be giving me what I want. So instead of going and looking at the stats, you can just say, hey, how many people opened my newsletter? And it'll just tell you. What can I do to make that better? And you can have a conversation. And if you have to go and see the software and the screens, you know, it's a bit like if you go to change your DNS records, you know, for your website, there's a little, like, thing that pops up that's like, you know, hey, warning, like, make sure you know what you're doing or get the technical person before you go in here and screw it up. I think it's going to be more like that. And it'll just be sort of like C-3PO, you know, you'll have this, like, companion that's a different kind of intelligence that's trained on a specific capability and has context and data on a specific part of your business. And the software will be wildly inefficient when we could just talk to it the same way I'm talking to you guys right now. I think that really changes my vision of what's possible in the future. So I don't think in terms of screens anymore and software and a user experience, which I used to fret over, how can we make this really easy for people? I think that's all on its way out. And I just think, great, like, how can we help people get better access to better data and better capabilities. And then eventually AI will just be this like C3PO-like companion that, you know, a different kind of intelligence that helps you unlock, does different jobs for you, and then helps you stay in your lane, your Unique Ability.
Dan Sullivan: Yeah, I find my own experience, my number one rule regarding technology is make sure you have a smart person between you and the technology. I have thought a lot about technology for the last 50 years. I started coaching in ‘74 and I was prompted to do so because I was reading articles about this new thing called the microchip. The name came in around ‘73-’74, and they were making predictions, some of the technology writers were making predictions, that this was a very different type of technology, because it was an invention that could not only be applied to every other existing invention, but it could be applied to itself to create more powerful microchips. Then they made some predictions that large organizations, bureaucratic organizations, were going to have a hard time with this, which has proven very true. But the other thing, it was going to reinforce existing entrepreneurial organizations and individuals, but it was going to create all sorts of new types of entrepreneurial organizations. So the one you're talking about right now, Joe, was not conceivable 50 years ago. Yeah, I mean, first of all, they didn't even think in terms of software. I mean, Bill Gates was smart for one reason. You know, if I look at his entire career, I think he's been smart for one thing is that he hoodwinked IBM to think that the future was in hardware. And they gave him basically DOS. They said, well, you can have that. And he said, thank you very much. But even the concept of software, so what you're talking about is the software world got us to the point where we could have this next type of interchange, this new type of relationship with technology. We didn't have to conform to some algorithm. We now have an algorithm that we ourselves can continually alter.
Joe Stolte: That's right. I like to think about it like if you think about Internet connectivity, you know, in America in the ‘90s, we had the dial up modems, the big CRT monitors and all that stuff. Well, people, let's say in like South America or Africa, like they didn't get that. They just got cell phones, which is arguably a much, much better technology for many, many use cases. There's people alive right now, possibly my kids who are quite young at the time of this recording, they may not really need to interact with software much by the time they're ready to enter the adult world. It'll just be a totally different world and they'll just leapfrog the entire experience and go into something brand new. I think after that, though, what's going to get really interesting is when different kinds of intelligences start to inhabit physical form, right? So right now we've got like Elon and a number of people actually making robots, like functionally useful robots, which I think that is so much more of a technical challenge than software or like large language models and AI. I mean, like the human body is just, it's an incredible thing of mechanical wonder. But I think we'll crack that when I don't know, but it seems inevitable. So when we put this intelligence and things that can move around, then all of a sudden we've got a whole different world of possibility where it's like maybe we have the first like one person entrepreneurial organization. That's a trillion dollar business because it's powered by A.I. and powered by robotics, you know, and it's just got, you know, a bunch of other kinds of intelligence is powering. Probably no Free Days.
Dan Sullivan: No, no Free Days.
Joe Stolte: That's right.
Dan Sullivan: You know, you got to keep the balance going. One of the things, you know, I haven't dealt very deeply, but I really have taken to the app called Perplexity. We have a very good AI coach in the Program, Evan Ryan, who is my first client that I'm 50 years older than. I'll be 80 next month and he's still in his 29th year. And I found that really intriguing. He's in Free Zone, but he came in and coached our entire company in the fall last year in 2023. He coached us, he had six modules. And basically he has a podcast and we were on and I said, you know, the problem is not the technology, as I can see it, because I've been through a lot of technologies since the ‘40s. I said, you have to normalize the experience. That's the biggest problem with any new technology. You have to make the experience of engaging with the technology just something normal. And I've noticed that Perplexity is allowed to do that much quickly, that I have a question, I immediately just go to Perplexity, and then I spend some time on the question so that it gets the right prompts, and it comes back. For example, one of my approaches to human beings, when I meet them, is the R-Factor Question. You know, and I say, Joe, if we were having this meeting and it was three years from today, and you're looking back over the three years, what has to happen, both personally and professionally, for you to feel happy with your progress? Okay? And if they don't answer the question, there's no future. And if they say, well, it's pretty early for me to be answering that kind of personal question, I said, no, your comment means it's too late. So yeah, all I'm looking for is people who will answer the question. I'm just sorting people out, because if I don't get a real handle on where Strategic Coach can fit into this person's future, then we don't want to waste each other's time. So I think it was the third day that I had Perplexity. I said, Perplexity, if we're having this discussion and it's three years from today, and you're looking back over the three years back to today, what has to happen for you to be satisfied with your progress? Came right back, five things, you know, boom, boom, boom, boom, boom. And then I said, what are the 10 biggest obstacles that you're facing right now that have to be solved, that have to be transformed. It gave me all 10 things, and at the end it said, if we achieve those five breakthroughs, and we solve these 10 problems, we feel very, very satisfied with our progress. Which means I can have a relationship with Perplexity. Now, Google would not answer my question. If I ask that question on Google, Google would say there is no answer for your question. And if you keep asking that, we're going to notify the FBI.
Gord Vickman: Mm hmm. And Dan and I were talking the other day that Perplexity just seems nicer than GPT. GPT is like, I don't know, go pound sand, whereas Perplexity is just like not sure if I know the answer to the question, but—
Dan Sullivan: Here's a way of thinking about it.
Gord Vickman: There's some strawberries. Yeah, there you go. Can I hug you? Give you a peck on the cheek, maybe?
Dan Sullivan: I'm just going to give you one more example. I asked the question of all the Americans born in 1944, what percentage of them are still living in 2024? And it came back. It took a little while. And it said, well, I tell you, there's not really good statistics on that. I can't find any real research in this. But just to give you an idea, there was a study that was done in 2021 of people who were born in 1947. And the figure was 63% were still alive. So maybe you can just work backwards from this and sort of get a sense what it was. But what I got was this partner who had just knocked himself out to give me something that would be more useful than just my question, you know? So I just traded as another team member.
Joe Stolte: Yeah, I think that's really smart. By the way, we use the R-Factor Questions and then the DOS questions for all job interviews. Like I'm the last interview and that's my interview. So I just ask people those questions and that gives me everything I need to know to understand if they're going to work for us or not. Which is awesome. But I love that you asked Perplexity that because it's a beautiful way to start to see how you could have a relationship with the kind of technology, right?
Dan Sullivan: Yeah, and it gave me a lot of reassurance. I'm looking for players that I can play with, and it was a player that I could play with. That was my real feel. After we started using the AI newsletter, I sent a Triple Play thought about where you could go with this that didn't have so much to do with AI and communication. It had to do with marketing the newsletter, would actually tell you about all your marketing strategies, not just the one that you're using on the newsletter. What was your thought about that?
Joe Stolte: Well, that conversation, I think it totally changed the strategic roadmap for our business. So we immediately said, well, we're not a newsletter company, right? We're now something else. What is that? But that also planted the seed of thought that helped me draw this conclusion that software is dead. Meaning that it's actually the data and the intelligence and the segmentation and the personalization that are the capabilities that matter the most. And so I think how it changed us is, I think newsletters are fantastic. There's still more daily active users on email than there is on any single social media platform. So we love email, we love email newsletters. And we think that we could actually help our customers much more effectively if we go beyond email. So now the next sort of feature set that we're thinking about, and I'll share this as if like what we're thinking about, but I'll share it as a way to help you think about your thinking in terms of marketing and Plus AI is, instead of just newsletters, we're going to start looking at intent. What intent data can I get from Gord or Dan and their relationship to my company? Did you open six of the last 10 sends? And have you bought the widget yet? Well, maybe I should send you an SMS, a WhatsApp message, or an email that's personalized to you in language that would resonate with you with topics that would resonate with you and then say, hey, by the way, if you would like to learn if daily.ai is a good fit for you, I'd love to help you book a demo. Are you interested in that? And then they'll say yes or no. And then if they say yes, then fantastic. I give them a link to book a call. And if they say no, well, now I've got an updated bit of intent. They're not ready yet. But how else can I help them then? So then I can send them an automated set of information. And this kind of technology exists, let's say, over like an active campaign or HubSpot. It's just marketing automation. But what doesn't exist, or no one's doing it very well, is that personal nature that's just on the right time based on the right intent. We're building this intelligence around what Strategic Coach customers and prospects and subscribers that are on The Spark. Well, we know a great deal about them now. What can we do with that? How can we use that to advance the sales cycle, serve them more deeply, give them stuff that they want. And so it becomes this really beautiful new capability, which is, you know, being able to like, see how people are behaving and serve them in more interesting ways, not just deliver their newsletter. So there's lots of takeaways on that Triple Play because of the way that tool is designed, but that's kind of my synthesis of the big insights that have shaped everything for us since we had that conversation. That was a fork in the road for us. Truly.
Gord Vickman: Let's wrap this one, gents, and then we'll carry on. Joe, you can join us for another one?
Joe Stolte: Yeah.
Gord Vickman: Right on. So we covered the here and now in the next episode with Joe, we'll talk a little bit about the future and maybe delve a little bit into some other aspects of AI that we didn't talk about in this one. Joe, where can people find out more about you, reach you, talk to you, poke you?
Joe Stolte: Yeah. Well, if you want to learn more about our company, you can go to daily.ai.
Gord Vickman: Podcast Payoffs. We cover the intersection of teamwork and technology. If you enjoyed this episode, share it with someone you like, even share it with someone you don't like. You might make a new friend, might be a hero today for that. And join us on the next one. Joe will be here as well. Gentlemen, always a pleasure. Onto the next.
Dan Sullivan: Thank you.
Joe Stolte: Thanks, Gordon.
Related Content
The Impact Filter
Dan Sullivan’s #1 Thinking Tool
Are you tired of feeling overwhelmed by your goals? The Impact Filter™ is a powerful planning tool that can help you find clarity and focus. It’s a thinking process that filters out everything except the impact you want to have, and it’s the same tool that Dan Sullivan uses in every meeting.