- Can you build a business on your own?
I'm talking an introvert's dream: no employees, no partners,
no contractors, and no one you have to make small talk with.
- Jim, James, Jimothy.
- Manage, or whose birthday you have to try to remember.
Just you and a hyper-efficient, emotionless army of robots.
You never get tired, make a mistake, or want to talk about
and spoil the latest Netflix show
that you've been meaning to watch
but haven't got around to yet, 'cause you know,
you're busy trying to grow a business.
To some of us, that's the dream.
So I set out to find if it's possible to replace
the typical people you would need, like core business areas
of strategy, human resources, sales, marketing, finance,
all that stuff with artificial intelligence tools.
Also a big thank you to HubSpot for sponsoring this video.
I'm gonna share an amazing AI resource
that HubSpot just released, but before that, let's start
at the core foundation of your business, strategy.
Building a business means getting a ton of things right,
and the harsh truth is most entrepreneurs
never really managed to put all these things together.
And that's tragic and explains why most businesses fail.
To prevent that from happening to your business,
you need a solid strategy, something that makes sure
you're doing the right things in the right place
for the right people at the right time.
Now, in the past, you'd want to create a business plan
to help map this all out and make sure
that you've checked all the boxes.
But let's be honest, business plans are kind of boring.
Not only that, they might not actually be useful at all.
Things are changing fast with new tools, tech,
and market demands popping up literally overnight.
The second you finish writing down your plans,
something comes along and makes it outdated.
So instead, I'm gonna ask the 20-ton gorilla in the AI room,
ChatGPT, to just write one for me.
(gorilla growling)
You can use the prompt I created that you see here
on the screen, and I'll also make sure to put a copy down
in the descriptions below this video so you can just copy
and paste it over or you can just ask it to write you
a business plan, leave it at that and see what you get.
You can always ask it to change things
or update things or remove things later.
If you use the prompt that I provided though,
I think you're gonna find that it's incredibly powerful,
especially the part where you can just drop a list
of your competitor's websites and have it do
a competitive analysis on all of them, instantly, for free.
Sales and marketing are one of the areas
that AI really shines because the possibilities here
are basically endless.
You've got tools like ChatGPT and Jasper and Article Forge,
and Copy.ai, all of which can help you create content
10 times faster.
You've also got text to image tools like DALL-E,
and Midjourney that allow you to create an image
of basically anything you can think of.
And you've got AI-powered automatic video editing tools
like Descript and Pictory and Wideo and InVideo
that can help make creating videos faster and easier
and better than ever before.
And this is important because content is the name
of the game right now, and the businesses,
entrepreneurs, creators and marketers
who are making more of it are winning.
But like all things, there's a right way
and a wrong way to do this, which leads me perfectly
to this video's sponsor, HubSpot, and their free resource
on how to use AI to create an unlimited amount of content.
As you probably already know, every year the demand
for more and better content increases
and this trend isn't slowing down anytime soon.
The problem though is that creating all this content
takes time, a lot of it, which is why the standard advice
given to content creators is still just to lock yourself
in a room and write, record or create
until you run out of time, ideas or sanity.
Yikes, but now thanks to a little something
called generative AI, you can get more done in less time
in HubSpot's free downloadable resource called,
"Using Generative AI to Scale Your Content Operations,"
can show you the ins and outs
for how to put all this together.
Inside the guide you'll discover the different types
of content AI tools available,
how to write prompts for them, how to use AI
in different areas of your content creation workflow,
as well as answers to important questions
like whether or not Google likes AI content or not,
and if there's a risk of plagiarism
with AI-generated content.
Whether you lead a large enterprise content team
or you're an individual creator who's looking
to get more done in less time, this guide will help.
So make sure to click the link
down in the descriptions below right after this video
to get started with generative AI and save time
on content production.
I'm done. Can I come out now?
(light music)
The next piece of the puzzle is HR, or human resources,
which I appreciate if you're trying to build a business
without hiring anyone sounds like a weird thing
to talk about.
After all, HR is usually responsible for hiring and firing
and looking after employees, but this area of business
also covers company policies, operating procedures,
compensation and ongoing training programs,
all of which are important whether you're working alone
or as part of a mega business empire.
That said, finding quality AI resources to replace HR
was a little bit trickier in the beginning
as my first attempt at hiring an AI-powered HR manager
did not go well.
So tell me about yourself.
- My name is R3-D3, and I am here
to help you grow your business.
- Great, and what do you think your biggest weakness is?
- I do not have weaknesses.
I am perfect, unlike you, frail, weak,
and inefficient humans.
- Uh, what?
- Anything you can do, I can do better.
I'm going to take over your company.
- Fortunately, after a little bit of digging,
I was able to uncover a few other less terrifying tools,
like Notion that has a ton of HR templates.
And there are a ton of other websites out there as well
that have links to even more Notion templates.
And you can use Notion's built-in AI feature
to help you write, summarize, create outlines, SOPs,
and just a whole bunch of other stuff
that's not only useful for HR
but pretty much every other area of your business as well.
There are also tools like Cody
that can help answer customer questions and provide support
and troubleshoot issues, and help you build
a company knowledge base
that helps you keep track of everything.
As for training and creating ongoing learning opportunities,
this is where things get pretty cool, pretty fast.
The first tool that I wanna share with you
is something called Tutor.me, and it will teach you
pretty much anything you wanna learn about.
Let's say for example that I wanna learn
about sock knitting.
From there I can choose my module.
Let's go with "Introduction to Sock Knitting,"
as I've never knitted a pair of socks in my life,
or anything for that matter.
Then let's start the lesson.
And just like that, it teaches me more
about sock knitting than I ever wanted to know.
So seeing as I'm just looking
for a nice high-level overview, I can click Simplify
and have everything condensed and summarized
into one nice, easy-to-read paragraph.
But this next tool is something that I like even more
and it's called ELI5 or ELI5, or E-L-I-5,
depends who you ask really.
It stands for, "Explain it like I'm five."
And you can use it to explain and break down
more complicated topics and ideas and concepts
into more digestible and easy to understand chunks
so you can actually do something with the information.
For example, there's a lot of confusion right now
around the topic of WEB3, what it is, what it does,
whatever happened to Web2?
Has anybody seen that guy lately? It's confusing stuff.
So let's see what ELI5 has to say when I ask it
to explain Web3 to me.
All right, not bad.
Not sure a five year old would understand much of this,
but the part about a playground
where everyone can play together
without grownups telling them what to do
is a pretty good analogy.
Shocking news update for you.
Your business is supposed to make money.
Unfortunately, at least according to the statistics,
there's a lot of businesses out there
who didn't get this memo and are still operating
according to some pretty bad business advice,
like how you should always focus on growth at all costs,
which leads you to ignore profitability, sustainability,
or customer satisfaction.
Or how you should always be competitive on price,
which is only gonna lead you down the dark and scary path
of eroding profit margins, the inability to invest back
in your business, and a race to the bottom
against your competitors where hey, everybody loses.
And these commonly prescribed business strategies
are handed out like death certificates
to unknowing entrepreneurs.
The fact is, if you do what most other businesses are doing,
you're going to get what most other businesses are getting,
and that's bankruptcy.
So let's do things a little differently here
and enlist the power of AI
to help keep your finances in check.
One tool to check out is Sturppy, which can help you build
a financial model for your business.
I believe it was originally designed
to help attract investors, but I use it internally
to help map out and plan a strategy and make sure
that the things that I'm doing
are actually gonna be profitable,
which is obviously important.
In fact, I'd even go so far as to saying
that if every business out there did something like this,
well, we'd see a whole lot less failed businesses
piled up on the side of the road.
Then there's ZeroTax.AI,
which can help you figure out your taxes,
because whether we like it or not, taxes are just a fact
of life and business.
And if you're not prepared for them,
they can quickly destroy your business.
I still remember quite clearly the first time that I got hit
with a six-figure tax bill, and it was not fun.
Nope, not fun at all.
And there's Finalle, which can help you invest
all of the profits and tax savings
that you're going to be getting just by using
the previous two tools that I just mentioned.
And if you'd like to see a resource
on exactly how I got ChatGPT to create
an entire marketing campaign for me,
then you're definitely gonna want to check out the video
I've got linked up right here, which is gonna show you
step by step everything I did, so you can do it too.
So make sure to check that out now,
and I'll see you in there in just a second.