Business and marketing insights from smart founders, researched and handed to you every Thursday.
🤖 Everyone's Using AI Except ME!
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It’s the 11th month of 2024, and AI is everywhere. Even ChatGPT now has SearchGPT, a feature that’s challenging Google and Bing. And your competitors are using AI to work faster, smarter, and cheaper. To be exact, 72% of businesses use AI for at least one part of their work. Meanwhile, you may still be doing things the old way. You might be asking yourself: Am I falling behind in a world where AI is becoming more common? Can my business stay competitive if I don’t start using AI? How do I get started with AI when it seems so difficult? It’s okay to be worried about AI. But the thing is, AI can be helpful in many ways, yet it’s not suitable for everything. So how can you use AI in your business without making big changes to your whole routine and keeping a good balance? Your Simple AI Plan: Start SmallJust start with something small that matters to you or your business. ➡️ Step 1: Find one task that takes a lot of time. ➡️ Step 2: Look for one AI tool that can help with this task. ➡️ Step 3: Try it out and learn. This is your first step into AI! If you’re still wondering what to choose, here are 10 AI tools for small business owners, and even for almost every kind of business, that I believe could be gold. What do I think about all this AI stuff?Use it to help you work better, but don’t let it do all your thinking for you. For example, when I write these newsletters, I ask Perplexity AI to research industry statistics and suggest different ways to explain concepts. But I don’t just copy-paste its response. Instead, I read through the suggestions, double-check any important numbers, and then rewrite everything in my own words - the style you’re reading now. AI helps me save a lot of time on research, but the final message you read is still mine. So what I learned from using those tools is, things would be better when people learn to work WITH AI, not those who work AGAINST it or ignore it. Cheers, Minosh. |
TalkBitz Newsletter
Business and marketing insights from smart founders, researched and handed to you every Thursday.
Every business advice article says the same thing. Run a discount. Offer a freebie. Set up a referral bonus. Get people in the door. And I get why it feels right. When you’re just at the starting phase of your business, you need customers, and you figure a little reward will push people over the line. It’s what you see big brands do. So you copy it. Here’s the thing, though. There’s actual science behind why this backfires, and not a small thing either. It’s called the overjustification...
There’s a grey metal box sitting outside millions of American homes right now. It keeps the house cool. It also looks terrible, stuck right in the middle of a patio someone just spent $4,000 renovating. People search “how to hide AC unit outside” and end up with a rabbit hole of ugly $20 plastic covers that somehow look worse than the unit itself. That search, right there, is the business. Here’s the thing. A lot of people hear “sell decorative AC covers” and think it sounds too simple, or...
There’s a guy on Reddit who built a scraper that watches Craigslist for used cars priced way below market. The moment one shows up, he gets an alert. He started flipping cars on the side and eventually turned the scraper into a paid tool. Cool story. But most of us have no idea how to build one. So I started thinking, what’s the version of this idea that doesn’t need any code? And I think I found it. Flipping stuff from Facebook Marketplace or Craigslist is a real side hustle. People make a...