If I Wanted to Become a Millionaire in 2026, I’d Do This with AI

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Category: Entrepreneurship

Tags: AIFeedbackGrowthInnovationStartups

Entities: AIChat GPTCursorJeffrey KatzenbergMe WittmannOpenAIPerplexityQuibbyYouTube

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Summary

    Business Fundamentals
    • AI is enabling a new class of millionaires, not just among coders or Silicon Valley insiders, but also among those who think like startup founders.
    • Success in 2026 is about building feedback loops that allow wealth to compound, rather than thinking in straight lines.
    • The economy is shifting towards exponential growth and self-improving systems, requiring a new mindset for building wealth.
    Feedback Loops
    • The balance loop involves leveraging your asymmetric advantage while addressing acute customer pain points.
    • The speed to revenue loop emphasizes rapid iteration and adaptation, as demonstrated by companies like Cursor.
    • The signal to innovation loop focuses on learning from user behavior to drive product development, as seen with YouTube's data-driven approach.
    Entrepreneurship and Innovation
    • Founders should be deeply involved in every detail of their startup, as AI products require continuous iteration and improvement.
    • Sweat equity is crucial for building lasting value and requires a deep conviction in one's work.
    • Failure is part of the journey and can lead to valuable wisdom and future success.
    Actionable Takeaways
    • Identify and leverage your asymmetric advantage in business.
    • Focus on solving acute customer pain points rather than chasing large markets.
    • Embrace rapid iteration and learning loops to stay ahead of competitors.
    • Engage deeply in your startup's development, especially in the early stages.
    • View failures as opportunities to gain wisdom and improve future efforts.

    Transcript

    00:00

    As we speak, AI is creating a new class of millionaires. And it's not just coders or Silicon Valley insiders.

    It's regular people who know how to think like startup founders. I have served as a CEO, board member, and investor at

    00:16

    tech companies worth billions. And here's what most people misunderstand.

    In 2026, becoming a millionaire with AI is not about thinking in straight lines. It's about building loops that let you outarn and outpace everyone else so your

    00:34

    wealth can actually compound. But before we dive into these loops, you need to know the world that will create your 7igure net worth.

    There is a massive financial shift happening in the market and our brains aren't ready for it.

    00:50

    There are two things human brains are never able to grasp. One is exponential growth and second is self-improving systems.

    Now they're both interconnected but in 2026 the entire economy will migrate to these two ideas

    01:07

    simultaneously. Chat GPT reached 100 million users in 60 days and it was faster than any app in the history of tech.

    And then came Sora 2, OpenAI's video tool and it got to 1 million downloads faster than Chat GPT. And it's

    01:23

    not just tools. It's happening to AI companies.

    Startups like Cursor and Perplexity are reaching $und00 million in revenue in 12 to 18 months. The world we live in is all about fast feedback loops and they're showing up everywhere.

    01:39

    In coding, in capital, in career, in companies. This is how the best builders are thinking in 2026.

    Not in sequential timelines, but in self-reinforcing loops. The winners in 2026 will be the

    01:54

    ones building the fastest feedback loops. Here's loop number one, the balance loop.

    Running any AI business in 2026 that can generate millions for you is not about work life balance. It's about balancing on a tight rope between

    02:10

    two opposite forces. Your asymmetric advantage and your customers acute pain.

    Let's look at the first force. I know an investment banker who spent 20 years and he closed more than 100 deals.

    Last year he was laid off AI. So he raised a

    02:27

    little capital, told his network he was looking to buy businesses and then evaluated hundreds of businesses really quickly and found a small company in a very narrow niche, insurance claims processing. He bought that company, infused AI into every workflow and

    02:43

    processes and the company took off. Now, doing the due diligence and picking the right business model was his asymmetric advantage.

    What's yours? Maybe you experience some customer problem firsthand.

    Or you spend a decade in a

    03:00

    legacy system or process that most people won't understand. That would be your asymmetric advantage.

    However, here's the second opposing force. The acute pain felt by your customers.

    Ask yourself, what specific frustration can

    03:16

    I fix? That's urgent, that's frequent, and that's painful.

    Don't chase billion-dollar markets. Fix thousand frustrations that happen a million times.

    Now, here is the continuous balancing act that you have to do. If you focus on your strength, but your

    03:33

    product or service is not serving as a painkiller, you get a clever product that nobody urgently needs or pays for, and you will slip up the tight rope. On the other hand, if you chase the most acute pain, but if you don't really have a real advantage versus other startups

    03:49

    or incumbents, then you're in a brutal market where you have no edge. You'll be commoditized and you'll trip off that tight rope once again.

    So, your advantage and their pain define the forces you have to balance. So, how do

    04:06

    you keep your balance when you're walking that type of assumption testing? ask constantly, what am I assuming?

    And what's the fastest way to validate my biggest assumptions? Because that's where the risks are.

    Every idea is an untested belief. But today with AI, you

    04:23

    can test in hours instead of months. And that's why this balancing act becomes a constant loop.

    You lean to your right a little bit, then you have to lean to your left a little bit. But as long as you staying on the tight rope, life is good.

    Asymmetric advantage, acute pain,

    04:39

    assumption testing, balance loop activated. That's how you go from interesting to indispensable.

    This is where your money curve also starts bending upwards. You're not a generic meto company, right?

    You have your own lane. So, the key action item for you is

    04:56

    to try this. Step one, write down your asymmetric advantages.

    Step two, list three candidate pains that fit your customer profile. Step three, uncover your assumptions and start testing

    05:11

    quickly with AI. All the information, all the intelligence you need is right there at your fingertips.

    You've got to know where to look. Loop number two, the speed to revenue loop.

    Cursor is a platform that lets developers code with

    05:27

    AI. They went from 0 to 100 million in the first 18 months and then 100 to 500 million a year later.

    Fastest growth in enterprise software history ever. Millions of programmers now use it daily.

    Even Open AI uses Cursor to build

    05:44

    its own software. So how did Cursor grow so fast in the midst of such a terrible red ocean full of sharks?

    They focused on one thing, speed. Cursor ships new features every single day.

    In the old

    06:00

    world, that would be a suicide. That would be seen as reckless.

    Software features were bunched up in a big fat release every 6 to9 months. But cursor does not have 6 to9 months.

    They have to build in public, learn in real time, fix

    06:17

    fast, stay ahead of the curve. That's the loop.

    But there is a deeper layer there too. They are dog fooding their own AI.

    So the employees at Cursor use cursor to build cursor. I think that's genius.

    So basically that's how you

    06:33

    chase a moving target without crashing into it. Now here's why this matters to you as you think about your product market fit in 2026.

    Keep your eyes out not just for your biggest competitors but also on the AI foundation models

    06:49

    themselves. Because when Chad GPT6 or Gemini 4 drops, it's possible that your product's value could evaporate overnight.

    And that's why the old ideas of building a neat quarterly road map is completely dead. If you're building an

    07:05

    AI software startup, you can't plan 18 months ahead when AI shifts underneath your feet every week. The idea of product market fit is not a destination.

    It's a moving target. You chase it daily.

    Follow the loop. Launch, learn,

    07:24

    level up. Launch, learn, level up.

    Keep repeating. The more you learn, the more you earn.

    Loop number three, signal to innovation loop. This is how you stay alive when everything keeps getting copied.

    Let me give you two stories. One

    07:39

    company that is obsessed with signals to learn about customers and one that mostly thought it knew everything about customers. Let's talk about YouTube first.

    On the surface, YouTube is where we go for education, for entertainment.

    07:55

    We watch videos. But beneath the video delivery system, YouTube is a deep AI platform with unparalleled data and thousands of AI and machine learning algorithms working in the background.

    Every single thing you see on that

    08:12

    browse screen is an experiment. It's a test.

    the thumbnails, the titles, which row it appears in, what appears first when you open the app, how soon that video comes back if you ignored it yesterday, what suggested videos show up

    08:28

    next to the one you're watching. None of that is random.

    None of it is a coincidence. It's not like the YouTube CEO and the content team get together every day and ask, "What content do we think people will like?

    We'll deliver that." They don't do that. They ask,

    08:43

    "How can I learn from what viewers are actually doing every day, every second?" All of those micro behaviors roll back into the AI system. And YouTube uses it to improve recommendations and increase watch time, which in turn creates more

    09:00

    data, which helps the AI models to learn more faster. That allows them to produce better recommendations.

    So, we watch more and ask the loop. The more you use it, the more you will use it.

    Now, the contrast. Quibby.

    Quibby was a short

    09:17

    form mobile video app. It was launched sometime in 2020.

    It was backed by big Hollywood names like Jeffrey Katzenberg. Me Wittmann was involved and they raised about $1.75 billion.

    Then roughly 6

    09:32

    months after launch, they shut down. His entire library was sold to Roku later for under $und00 million.

    That's over a billion half dollars down the drain. Now on paper, they had everything.

    Stars, budget, hype, great leadership. What

    09:49

    they did not really have was a tight signal loop. They launched with a big fixed idea of how people should watch.

    Short episodes, phone only, paid subscription. So far so good.

    But then they spent most of their energy

    10:05

    defending that idea instead of obsessively listening to what the data was saying. Downloads spiked up front, but then everything stalled.

    Trial users open the app once or twice and then disappeared. No learning loops.

    The

    10:21

    point is that YouTube and Quibby were both chasing the same idea. 10-minute videos on your phone.

    And both had money, both had talent. The difference is that one treated user behavior as the single source of innovation and the

    10:37

    other did not. One was built like an AI company.

    The other was built like a media company in 2026. That is your real shield.

    Not just a clever feature in your product or a slightly better model, but how quickly you notice reality

    10:54

    changing and how quickly you adjust to it. Your product can be cloned.

    Your landing page can be copied. Your business model can be ripped off in an afternoon.

    But if you're addicted to a strong signal loop and learning from

    11:09

    what your users are actually doing, it will change the speed of your innovation. And that is hard to copy.

    Ask yourself three questions, simple questions. Where are my signals coming from?

    How often do I look at them? And what signal loops am I building?

    Your

    11:26

    user feedback is your best R&D lab. Loop number four, the sweat equity loop.

    There is a popular myth, a piece of advice that a lot of new founders get from board members and VCs. They hear

    11:41

    stuff like, oh, you know, hire the best people and get out of their way. And I shake my head in disbelief every time I hear it.

    Because in 2026, if you are an AI native founder, this advice will be completely fatal for you because your

    11:58

    job is not to delegate and disappear, especially when you're in a startup phase. Your job is to sweat every single detail because an AI product is not like a static piece of software or service

    12:14

    that you can build and ship out and wash your hands until the next release that comes 9 months later. That is the life of a founder.

    But this is the loop that quietly turns your sweat equity into actual net worth. This is why you have

    12:31

    to have the deepest conviction in what you're building. That will give you the obsessive grit that you need to stay in the game, stay in the trenches, and see it through when the rest of the 99% would quit.

    All that unseen work, the

    12:47

    late nights, the quiet persistence, that's your foundation. The world may never see it, but it's at the root of everything you do, and it's the only thing that holds steady when the storm hits.

    And you're going to say, "Okay,

    13:02

    but what if after all that obsessive work, you stumble and fall?" That's all right, because falling is not failing. Let me share a quote that my spiritual master used to tell me.

    The whole forest lives in a single leaf. Every leaf must

    13:20

    fall someday. And when it falls, it doesn't fail.

    It feeds the soil and gives birth to something entirely new. The forest lives in that leap.

    So if you fall, you will still give birth to something even more valuable, wisdom.

    13:36

    And if you zoom out and think about it, wealth without wisdom won't last anyway. So the real question is who you are becoming as you run these loops.

    because what you end up leaving behind may become someone else's beginning. And

    13:52

    that's the most mysterious and valuable loop of all. If you like this video, here's another one I think you'll enjoy.

    Thank you and I love