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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Family Business Leaders' Fear of Failure Can Inhibit Next Gens
by Seyyede Sharare Bagherian, Sonia M. Strano, Sohrab Soleimanof, Jon Carr, and S. Alireza Feyzbaksh / Research Insight

When parents openly display fear of failing, it can unintentionally portray entrepreneurship as unsafe, undesirable, or even shameful. This doesn't help their successors or the business. Read more...

Are the 'Best Practices' All Wrong for Your Family Business?
by Luciana Lucena de Lima and María José Parada / Research Insight

The best processes and systems come not from outside advisers and experts, but from how families actually live, relate to one another, and make decisions.  Read more...

Family CEOs May Encourage More Innovation Than Non-Family Leaders
by Mario Daniele Amore, Morten Bennedsen, Bordin Bordeerath, and Nicolai Foss / Research Insight

While professional non-family leadership may bring some advantages, the stability brought by family leaders may encourage employees to innovate without fear of failure. Read more...

Family Culture Can Block (or Unlock) Innovation
by Ricardo Romano and Alessandra Bussi Moratti / Research Insight

Low trust, resistance to change, and intergenerational communication gaps can prevent new strategies and collaboration from taking root. Read more...

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Editorial offices located at St Thomas University

Editorial offices located at St Thomas University

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Supported by the Richard M Schulze Family Foundation

Supported by the Richard M Schulze Family Foundation