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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Your Investment Strategy Should Reflect Your Family Values and Goals
by Claudia Binz Astrachan, Anneleen Michiels, Massimo Baù, and Chris Graves / Practice Insight

A family investment policy defines how a family manages its collective financial assets in alignment with its shared values, goals, and risk preferences. Read more...

Ready to Lead: Building Confidence Across Generations
by Paul Edelman / Applied and Practice

When families treat readiness as something they cultivate together, the handoff feels less like a loss and more like a natural next step. Read more...

Define Your Legacy, and Strengthen Your Business and Your Impact
by Matthew Fox, Kimberly Wade-Benzoni, and Jeffrey Covin / Research Insight

Unless you clearly define what you want your legacy to be, your successors will interpret it in their own way -- and it might not be what you intended.  Read more...

The World is Changing Faster Than Your Strategy
by Torsten Pieper, Claudia Binz Astrachan, Francesco Chirico, and Annika Ehlers / Research Insight

Families that learn to use their cohesion, trust, and long-term orientation as strengths can implement strategies more effectively than their non-family peers, especially in times of uncertainty. Read more...

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Things to Consider When Transferring Family Business Ownership
by Susan Lanz, Gary Burke, Kajsa Haag, and Omid Omidvar
Editorial offices located at St Thomas University

Editorial offices located at St Thomas University

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How Family Dynamics Shape Family Businesses
by Joseph Astrachan and Claudia Binz Astrachan
Supported by the Richard M Schulze Family Foundation

Supported by the Richard M Schulze Family Foundation