Transcript
A (0:00)
Foreign. Welcome to another episode of the Duct Tape marketing podcast. This is Jon Jantz and my guest today is Steve Cunningham. He's a former agency owner, startup founder, and now AI native business strategist. He built a successful book summary platform called read it. For me, backed by billionaire investor and read a book a day for 10 years. I feel like I do that sometimes. But when AI disrupted his industry, it nearly wiped him out. So now he coaches solo consultants, agency owners and service professionals to make more money faster and easier by becoming AI native through his company simple and his brand new book, the AI Native Full Stack Consultant. So, Steve, welcome back to the show.
B (0:53)
Thanks for having me, John.
A (0:54)
I say welcome back. I think this is your first time actually on the show, but you and I tried to record and I was like in a hurricane and it didn't work out. So I'm glad you were able to come back.
B (1:04)
Good to be back for the first time.
A (1:08)
So I mentioned the AI destroyed your business. You want to talk a little bit about it or tell that story as I'm sure you have a number of times?
B (1:16)
Yeah. So read it. For me was a business that I hoped would last the rest of my life. I loved that business, is that I like to joke, if I could get in the time machine, travel back to 2022 and destroy all the AI, I would do it. That's how much I love that business. I got to read books from my favorite business authors like yourself. I live here in San Antonio, Texas, by the Riverwalk. I would literally go outside, I would take my phone, I would read on the phone. I so read Kindle on the phone. And that was my job and so I loved it. And so when ChatGPT came out, you know this is a content business, right? So it would take me about 8 hours to read a book and summarize it, take notes and do all the stuff from beginning to end. And when I realized that you could get a passable book summary, which is by asking for it and maybe and then with some good prompting, get a finished product in much less way, less time than it would take for me to read and summarize the book, I knew that we were in trouble. And so it, you know, it didn't happen overnight. I still, we still have people reaching out, wondering, can they bring redefine into their business? And I two and a half, three years later, it baffles me that people still have not figured out that they don't need us anymore for that. But yeah, so the revenue went down, not overnight, slowly but surely. And so we realized that we had to do something about that and saw the writing on the wall, transformed our operations with AI. Then lots of folks wanted to know how we were doing it and started showing them. And here we are two and a half years later and we're fully AI native and doing lots of fun and exciting things.
