Had an interesting chat with someone yesterday about AI and how the future of work will look because of it.
I’m not a deep tech nerd, I’ve just helped build some basic software, but it seems like AI is going to be a game changer for everyone, especially solopreneurs.
And it’s probably just starting to heat up.
But as a business owner, it seems like great news to me. Whether you’re in tech, law, accounting, etc. If you run a business you’re probably going to be able to automate many of the basic tasks you either have to do yourself, or have to pay people to spend lots of time on.
Writing content. Creating visuals. Drafting proposals.
It’s not perfect yet, but really good, and at the very least can help reduce the time it takes you or your team to get the same amount of work done.
For you, that means you can free up more time for things like more sales, more marketing, more training, or more free time to sleep…
It could be more room to grow, or it could mean making the same amount of money at the end of the year but spending half the time or money on your business.
I guess it depends on the person/business owner, but it’ll be interesting to see how it changes our culture and business operations as it gets more advanced and more common in operations.
Have you been using any good AI tools yet? They seem to be popping up all over the place now, getting lots of funding, etc.
But I guess only time will tell.
Onwards to other topics, we’re gaining some good momentum this week. In a weird way, can feel the tides turning, if that makes sense.
Not to say that things weren’t going well before, but over the years, I’ve found that as the CEO of a company who sees all of the inputs and outputs, you can kind of “feel” how your business is doing.
Even without seeing a monthly income statement, which is even more important in the tech world.
Here’s what I mean.
When I was just running a small law practice, the motions were pretty straight forward. You do marketing, sales, etc., and based on the number of calls and clients that seem interested, it’s pretty clear to see how you’re doing each month.
In tech, especially when building and launching new products, there’s a lot that’s up in the air.
Will your new product be a hit? Will users like it? Will they even want to see it? Pay for it? Will word of mouth catch on? Will clients churn (ie. stop using your product) quickly?
In short, lots of uncertainty along the way and in different phases.
But I feel like only in the last year or so, I’ve gotten better at being more in tune with the business. This is going to sound esoteric and borderline crazy, but I can sense how it’s doing and have a good idea of whether things are good or not, whether we’re heading in the right direction or not.
Of course, there can and will always be uncertainties, and nothing is guaranteed. But the wheels are spinning, good things are in motion and I think we have an exciting few months ahead of us with more opportunities popping up every day.
This doesn’t mean we can coast – on the contrary, need to keep grinding it out. But if we do, I like where we’re heading.
Can you relate?
I’d say it took a solid 2-3 years to become more in tune with how the biz was doing, but once you do, you can use that good or not-so-good feeling as a guiding light to figure out when you need to keep pushing, or maybe switch things, or something in between.
Anyway, maybe you can relate, or maybe I’m just half crazy!
Have a great day, make sure not to miss my daily updates here, and keep grinding.