Using AI to Grow Your Business

October 16, 2023 - Issue #99

Leveraging Generative AI Tools Like ChatGPT for Startups and Small Business Growth Leveraging Generative AI Tools Like ChatGPT for Startups and Small Business Growth These breakthroughs have the potential to optimize processes, enhance customer engagement, and drive growth -- but they also bring legal and security risks.
AI and ChatGPT Will Revolutionize Customer Discovery AI and ChatGPT Will Revolutionize Customer Discovery In some markets, such as e-commerce, it’s going to happen way sooner than you think.
Theodore L. Waldron

Editor's Pick

Theodore L. Waldron

Steve Jobs

In telling the story of Jobs’ catastrophic failures and monumental successes as an entrepreneur and an executive, Walter Isaacson depicts how one of history’s most successful entrepreneurs thought, felt, and acted throughout his career. He also highlights Jobs’ rare proficiency in creating needs that did not previously exist, forever changing how we interact with technology.

Walter Isaacson, Simon & Schuster, 2011

From Chalkboards to Chatbots: The New Age of Entrepreneurial Education From Chalkboards to Chatbots: The New Age of Entrepreneurial Education Let's encourage students to see the possibility, and to approach using AI thoughtfully and critically. Prepare them for a future where it's even more central.
AI Won't Replace Innovators and Fresh Thinking AI Won't Replace Innovators and Fresh Thinking Tom Davenport, an acclaimed author of AI books, and Glenn Leibowitz, recognized as a LinkedIn Top Voice, say AI and ChatGPT are no substitute for original thinking.
How All Kinds of Businesses Can Use AI Productively How All Kinds of Businesses Can Use AI Productively This video, also available as a podcast, explores how entrepreneurs, family businesses, and others can use artificial intelligence in practical ways.
Digital Transformation: Can Your Business Keep Up? Digital Transformation: Can Your Business Keep Up? Even tech-savvy startups can be blindsided. More than technology, what matters now is your organization, your culture, and the speed at which you're able to act.
Growing Your Business With Generative AI Growing Your Business With Generative AI Think of AI as a co-pilot to handle mundane tasks. The work that requires creativity, emotional intelligence, empathy, or trust will still be the province of humans. 
EIX's Editorial Guidelines for the Use of Generative AI Tools EIX's Editorial Guidelines for the Use of Generative AI Tools You are welcome to use these tools to help draft, revise, and/or expand on submitted articles -- but make sure you understand our rules.
David Townsend How AI May Change Entrepreneurship David Townsend

From coming up with an idea to creating a marketing plan, artificial intelligence adds a whole new element to starting a business.

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Recent
AI Adoption in Family Business: Balancing Trust and Tech
by Doug Gray, PhD / Practice Insight

Using AI can be risky in settings where confidentiality is key, but it can be indispensable in developing innovative services that clients expect. Here's how to harness it safely.  Read more...

Your Family’s Mental Model Might Be Fueling Its Conflicts
by Tom Rüsen and Monika Nadler / Practice Insight

Different ways of thinking shape how families make decisions, resolve tensions, and pass leadership across generations. Read more...

Learning to Let Go of a Startup
by Lin Grensing-Pophal / Features

Handing off a family business to the next generation can be difficult, but it doesn’t have to be. Read more...

Nonfamily CEOs Are Most Vulnerable in the Middle Stage of Their Tenure
by Wei Shen, Cecilia Gu, and Lin-Hua Lu / Research Insight

Family businesses tend to give all CEOs time to prove themselves, but are tougher on outsiders who don’t deliver results after a few years.  Read more...

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Consumers Love Local Brands. That's Good News For Family Businesses
by Philipp Jaufenthaler, Andreas Kallmuenzer, Sascha Kraus, and Alfredo De Massis
How Family Dynamics Shape Family Businesses
by Joseph Astrachan and Claudia Binz Astrachan
Business Families Must Get Real About Growth and Payouts
by Joseph Astrachan and George Manners
Generational Experiences Shape Family Business Leaders' Priorities
by Ileana Maldonado, Paul Sanchez, and Annaleena Parhankangas
Editorial offices located at St Thomas University

Editorial offices located at St Thomas University

Popular
Tariffs, Turmoil, and Family Tiffs: Navigating the Current Chaos
by Joseph Astrachan and Claudia Binz Astrachan
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by Tom Rüsen, Claudia Binz Astrachan, and Ruth Orenstrat
How Family Businesses Survive Unexpected ‘Wild Cards’
by Wojciech Czakon, Monika Hajdas, and Joanna Radomska
Too Much Love in the Family Can Hurt
by Ines Herrero and Mat Hughes
Supported by the Richard M Schulze Family Foundation

Supported by the Richard M Schulze Family Foundation