April 3, 2023

#82 Fireside Chat with LaSean Smith: How Solopreneurs can build a workforce with AI

#82 Fireside Chat with LaSean Smith: How Solopreneurs can build a workforce with AI
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In this episode, we speak with LaSean Smith, a seasoned media and technology executive with expertise in artificial intelligence, computer vision, machine learning, and media streaming. LaSean shares his insights on how AI can be used to benefit solopreneurs, common misconceptions and fears about AI, and how to implement a successful 24/7 workforce. He also discusses the potential for AI to help solopreneurs validate their ideas faster, the role of big tech versus solopreneurs in the industry, and other technologies that could play a role in this field.

Connect with LaSean on LinkedIn: https://www.linkedin.com/in/laseansmith/

Know More about CAGR: https://cagr.com/

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Hello and welcome to a new
episode of the CTO show with

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Muhammad.
My name is Muhammad.

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00:00:11,100 --> 00:00:14,200
And as you know, in each episode
I cover different topics from

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00:00:14,400 --> 00:00:18,900
digital transformation
cybersecurity emerging Tech Ai.

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00:00:19,200 --> 00:00:23,200
And sometimes also, I have some
thought leaders entrepreneurs,

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00:00:23,300 --> 00:00:26,600
who join me to share their
insights about the latest trends

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in the market and how they are
trying to help in putting their

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fingerprints to push things in
Tech and business.

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And today, I'm very pleased to
have with me laugh.

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Sean Smith who's joining me from
the US.

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Thank you very much to be here
later on if you can introduce

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yourself and what you are up to.
Well, pleasure to join you.

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Great to have this conversation
lashon Smith.

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I'm here in the Seattle area of
the US and the founder of kegger

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Investments.
It is a micro private Equity

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Firm, and we're focused on
building and buying software

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businesses, powered by audience
and automation, that's great.

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That's great.
So, let's talk.

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Today, I want to discuss with
you a couple of things.

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So first of all, the hype the
hype, which is a I right.

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So right.
Like if you can This brief

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overview from your point and
your perspective about how a I

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like can be used and can be a
help for solopreneurs.

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I'm a solopreneur Myself by the
way.

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So I would like to write inside
from you, Yeah.

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Well, you know I would start
back way back actually on some

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of the other inflection points
and I would argue maybe this one

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is more significant in some of
the past but you know you get

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this spidey sense, I think back,
you know, when you know web 10

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kind of kicked off and all these
you know software that was on

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disks and CDs, you know, started
to migrate to the web.

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There was something where you
said, hey this is going to, you

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know, reshape the way certain
products get distributed.

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How we communicate, you know,
and we have these inflection

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points, you know, Mobile Web
2.0, you know, all of these

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these various points.
And what I find most interesting

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about the AI conversation is not
so much of, you know what's new

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but it's enabling things that on
some of these previous instances

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of transformation and change we
probably can finally get right

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sometimes with technology.
It's about the timing.

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So people have great ideas 100
years ago And you know, we

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didn't know how to make a flying
car.

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We still don't have a flying car
and so we have these ideas.

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What to me is really fascinating
about AI is that some of the the

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challenges we've had in the
past?

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I think we're finally going to
be able to tackle.

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Now back to your question on,
you know, solar partnership what

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I'm really fascinated about.
And, you know, I've worked at

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really large, massive companies.
I've worked at startups and have

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also been inactive solopreneur
and this idea.

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Idea of, you know, the solar
preneur or the very small Indie

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business, that is punching above
its weight, many times, you

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know, administrative overhead or
other things that aren't really.

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Part of the value that the
business is delivering, is where

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you get caught up.
And we know how to Outsource the

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basics, you know, whether it's
legal or accounting or those

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types of things, but your sales
cycle, your customer support,

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some of these things can start
to really be a drain on the

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calendar and a, I just going to
be able to do it.

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Better job and it's not just
about the conversational, you

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know, you, I, there's many more
parts of the, of the automation

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path here.
And so, what I really think is

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powerful is looking at
technology that's been around

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for years.
You know, think about, you know,

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process automation, you know,
simple triggers, you know,

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Microsoft power, automate or
zapier, these things that aren't

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new, but when you can start to
think how you chain them

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together with some of these new
AI, you know, tools to me,

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that's where the magic is going
to to Really unlock Talk, I

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loved, you know, the idea of
chaining these together myself,

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I've been playing, I would say
with things like, no code

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automation tools, like zapier
and you know, other ones in the

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market.
And yeah, I can see.

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But the thing he had some people
have some misconceptions Jean,

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right?
So whether it's like, they don't

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believe in the tech or
sometimes, they are afraid of

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using the tag.
So what does your, you know,

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your thoughts about this?
So you know, the conversation is

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kind of at a fever pitch at this
point.

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So many folks know the main
talking points that you know,

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people kind of Trot out you know
whenever there's technological

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change.
There is this wave of kind of

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folks getting nervous or you
know, the luddites come out and

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they don't want to change
anything and so I won't I won't

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reach.
Read on that front, what I find

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to be more interesting is kind
of my earlier point on wood.

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Each of these changes have
happened in the past, you know,

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again let's call out, you know,
the the web, you know, mobile

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transition, you know, some of
the stuff around mixed reality.

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There are these moments in these
windows where you can really,

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you know, if you're an
entrepreneur or you're an

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intrapreneur working inside of a
large company, you can go create

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some momentum and value because
no one's an expert.

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So if they're these unique
periods of time where you get to

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go, kind of create the magic and
learn.

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And so to me, that's where It
gets most exciting and so 100%

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on things like bias things like,
you know, kind of the

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hallucination effect that's
happening with some of these.

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Just kind of, you know, miss you
no information.

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I look at and we're talking, you
know, I think nowadays almost

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the examples for a I have become
chat GPT we understand.

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Obviously it's a much wider
surface area than that, but even

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just with that technology,
simply using it as a Knowledge,

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retrieval database or some, you
know, type of tool to me, that's

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really short sighted and for
instance again you know to your

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question, you know, for folks
who are nervous or concerned I'm

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like, all right, let's focus on
where the real opportunities are

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today.
Not, you know, you know, this

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will be great in two years and
like one of the area's I'm most

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excited is you know bi insights.
A lot of times you know we have

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these dashboards and someone's
in there Tableau looker you

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know, power bi and And they're
just kind of using them as

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reports but the power of
something like Microsoft Excel

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paired with copilot to me.
These are really powerful

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because you're not going to need
to be you know very technically

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Savvy to start using this and
the key point to me, you know,

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again, coming back to the chat
GPT point is, it is a reasoning

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model.
It is not simply just a, you

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know, a text prediction model.
And so when you think about

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where, where do you want to
reason?

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Well, sure.
You can reuse it for

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copywriting.
Your sales automation email

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sequences, like to me, that's
the easy thing and folks you do

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it.
I saw a really interesting demo

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that Apollo has where they're
kind of automating the full

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pipeline of your email and then
you end up with a handful of

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drafts that you kind of give the
once-over.

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That's interesting to me.
What's more exciting is you

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start looking at some of these
new products pine cone is in the

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news and you know, this this
scale of vector databases where

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you just start.
At parking a bunch of

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unstructured data and you're
pointing these large language

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models toward those databases.
And now it starts to reason and

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if you think about forecasting
or other types of scenarios

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where you are, looking for the
action, not just to say, all

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right, tell me my weekly roll up
for the day.

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What's my month over month
growth?

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Like that is not helpful.
What is interesting is to start

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to find and identify unique ways
to take action.

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And you know, I look at It as
having, you know, like this Army

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of Consultants or really
efficient, you know, college

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hires who are like the best
analysts you've ever hired and

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very quickly, you're going to
start to get ideas in new ways

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and to me, that's one of the
most exciting pieces of this

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Tech because that's ready today.
100%, I have to agree with you

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because one of the things that
I've always talked about and

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with every guest that we
discussed the topic of AI that

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Guys like don't take, only the
use case of copywriting the

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issue that copywriting came to
the picture a lot because this

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is the easiest, I would say, use
case of it and you know, some of

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our would say people who want to
like entertain other people's

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they just like you know go they
should take talks and you know

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rice take it out, you know I'm
saying guys like it's not it's

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not only about this.
Yes it's good in writing text

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but I'm really more interested
to see The, as you said, for

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example, something with copilot,
which is like, personally I

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loved also the way that how
Microsoft they call it a

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co-pilot, it's not here to
change.

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I mean, to kick you from your
exactly.

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It is.
It's super power.

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It is to help you.
So now moving forward because

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you mentioned about how we can
leverage this.

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So do you think we can have at
some stage instances of this?

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Super power to help us like,
think about an army of bots that

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is working for us.
Like, did you imagine, you know,

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the future, something like this
100%.

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So, you know, one of the things
that I really love about my my

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job is that we get to run these
little experiments and so, you

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know, I'm out hunting for
companies to acquire and one of

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the things we have to figure out
is, you know, can we improve the

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back office or other types of
things?

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I mean this is like Extreme
Digital transformation.

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Like that's how we Kind of make
these deals pencil.

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And so I have a couple of
Engineers have been working on

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a, from a UI standpoint.
It's very trivial, it's a

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command line tool.
But what it's doing is really

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stacking a lot of these
different pieces of tech

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together and what we kind of had
this breakthrough and this was

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accidental, but we were having
like these odd, like placeholder

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names, like this is bought one
but two, and, you know, just

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kind of in some brainstorming.
We said, hey, why don't we name

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all of these things?
Things.

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And instead of just having like
a prompt in a text file or

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database, let's call that the
job description or the

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functional role.
And then let's give each of

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these things jobs, right?
And quickly.

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What we ended up with is a
couple of dozen, you know, kind

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of like an organizational set of
roll guidelines and we start

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letting these things talk to
each other and that was like, a

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huge unlock, right?
So imagine you do have a

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copywriter but maybe you also
have you no other.

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We have one called knowledge
manager and the job of that is

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to basically just take data in
and store it somewhere, right?

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And so now the you know it's
almost like the librarian of the

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company and so we can chain
things together, where the

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copywriter can go fetch
something from the knowledge

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manager, we have a business
analyst that goes in like kind

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of trucks through things and
because the tech isn't quite

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ready to like throw all of that
in together.

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With this small little it's more
of a hack for the humans, using

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the tech that is for the tech
but it allows us to kind of

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compartmentalize some of the
different pieces.

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But then when you sequence them
together you have these

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workflows that are quite
powerful and that's where I'm

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again really, really interested
is like how can we take some of

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these paradigms that we would
have?

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If we were going to build up a
real team and start assigning

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and delegating that as if you're
managing?

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00:11:54,100 --> 00:11:55,900
You know?
This, this bot Army if you will

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or bought Workforce while
because I was trying to do

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00:11:59,800 --> 00:12:02,200
something similar but on a
similar scale.

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00:12:02,500 --> 00:12:07,500
So the idea I had, which is, you
know, like how for example, any

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00:12:07,500 --> 00:12:10,400
business.
They have some departments,

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let's say sales marketing HR and
then what I try to do is like I

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called a I bring Stormer
actually.

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So I've built a prototype where
you just have pre-selected

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prompts that the that the client
can choose, you know, like his

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industry, you know what he can
add.

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Like few things and then it goes
and it will give you this.

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So, this is one of the you small
use cases that I can see.

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It can be implemented.
But what do you think?

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You know, like now we have the
technology is available for us

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now for people like myself and a
lot of and this is like it seems

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a trend.
Now being a solopreneur, right?

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So what do you think?
Like would be the best examples

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of implementing a successful 24
by 7?

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Workforce by AI. yeah, well, one
of the things that you may have

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heard this concept or different
name Talent, stacking is where I

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spend a fair amount of my time
coaching and mentoring folks who

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earlier in their career and when
I went, you know, I'm talking

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about Ai and brainstorming, new
product ideas, I come back to

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Talent, stacking as really
critical because, you know, it's

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the combination of your unique
experience and skill set and

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what I want folks to To do is to
really start to say, like, what

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makes me, you know, a unique,
one of one.

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And then what are the parts that
I can, obviously Outsource their

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rules, base, their commoditized,
even if their value valuable,

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let someone else do them and
then what makes me unique.

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And so, you know, knowledge and
Skilling is very important and I

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think there's a whole class of
Enterprise opportunities to take

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what's happened more on the
consumer side, where the

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knowledge economy has been
booming for years and now No,

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you probably, you know met folks
who were a corporate trainer and

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they would just fly around the
world or things like that.

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I believe there's going to be a
whole new category of work where

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there's someone who is an expert
at a certain capability, a

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certain function, they have
years of expertise and we're

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gonna be able to package it up
in a ditch, you know, new and

249
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different ways.
And so to me, that's one of the,

250
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the biggest things I'm excited
about is just knowledge transfer

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training up.
You know, other individuals,

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whether they are Our solar
producers themselves or, you

253
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know, working at companies and
again, I come back to examples

254
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that aren't like the
earth-shattering.

255
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Like, here's the thing that's
never been done before.

256
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It's like, no.
Here's the thing that is proven

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to have demand that we can now
do at a much higher, you know,

258
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kind of value proposition and
it's sustainable, you're not

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going to burn yourself out by,
you know, having a fly all

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around, you know, 300 days a
week or a year, rather to really

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land these types of businesses
and That to me is where its most

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magical.
Yeah I and this has brought to

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me.
Now, a quick question because

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solopreneurs at the end of the
day they are entrepreneurs and

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they have to, you know, be
flexible.

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They have to be agile, they have
to Pivot fast.

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Do you think that this
generation of a I would help

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solopreneurs to validate their
ideas, much faster and be able

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to you know, iterate on a
faster.

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On page, one hundred percent.
And so, if you think about

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customer signal being at the
core of, you know, kind of

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whether a business lives or
dies, you know, it's not just

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about, you know, product Market
fit, you know, if you're if

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you're a startup and you're
chasing some, you know, value

275
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proposition, that's never been
proven, you really have to

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figure out do customers even
want this, right?

277
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But even before you get there,
you know, the whole business has

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to run on iteration speed?
And, you know, there's a great

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talk.
From the the CEO of intercom

280
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that just talks about how the
speed of which your business can

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iterate, is really going to be
one of the biggest predictors on

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whether you can succeed and for
a solopreneur that gets tricky

283
00:16:16,000 --> 00:16:18,800
sometimes because you're trying
to manage your calendar.

284
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Quick sidebar, hack.
What I do is I do something

285
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called calendar logging.
And what it means is, it's kind

286
00:16:26,900 --> 00:16:28,700
of using your calendar as a
diary.

287
00:16:28,800 --> 00:16:31,700
So I obviously have the things
in the future that are booked,

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But after I kind of complete my
day and I'm going to doing this

289
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sometimes during the course of
the day, I'm going back and

290
00:16:40,200 --> 00:16:41,700
updating things where I cheat
it.

291
00:16:41,800 --> 00:16:44,000
I had a block, a time.
I was supposed to write this

292
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email, I didn't do this.
I went and research something

293
00:16:46,500 --> 00:16:49,200
else.
I cheated even worse and I watch

294
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some YouTube, and this is really
important.

295
00:16:52,200 --> 00:16:57,000
What I find really interesting
about that type of behavior is

296
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you can start to train, you
know, a bot to go, be your

297
00:17:00,900 --> 00:17:03,600
calendar.
Analysts and start to think

298
00:17:03,600 --> 00:17:07,800
about better ways for you to use
your time for me, for instance,

299
00:17:07,800 --> 00:17:11,099
I try to block out, you know,
deep thinking time meeting with

300
00:17:11,099 --> 00:17:14,599
the leaders of my portfolio
companies, you know, you know,

301
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hanging out going to meetings
and then just my research.

302
00:17:17,000 --> 00:17:20,500
I like I try not to have too
much, multitasking your context

303
00:17:20,500 --> 00:17:23,400
switching around those try to
block them in days, but I

304
00:17:23,400 --> 00:17:25,500
always, you know, like do
something wrong.

305
00:17:25,500 --> 00:17:28,600
And so that's like a quick hack
that I've done and I'm really

306
00:17:28,600 --> 00:17:31,600
interested in how those
scenarios can come back but

307
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back.
Back to the, you know, the

308
00:17:33,000 --> 00:17:34,500
iteration speed.
You know.

309
00:17:34,500 --> 00:17:39,000
Imagine today you have an MPS
survey and if you're a

310
00:17:39,000 --> 00:17:41,900
solopreneur, your company of
one, you're going to get this

311
00:17:41,900 --> 00:17:43,800
MPS survey.
You probably don't have a large

312
00:17:43,800 --> 00:17:45,600
sample size, right?
Because you're not probably

313
00:17:45,600 --> 00:17:48,400
serving a ton of customers and
it's like what do you do with

314
00:17:48,400 --> 00:17:51,100
this?
And so imagine, you know, you

315
00:17:51,100 --> 00:17:56,600
can start to get, you know, not
just sales automation or you

316
00:17:56,600 --> 00:17:59,800
know, customer support.
But start using these Bots to go

317
00:17:59,900 --> 00:18:02,600
collect more signal on.
What's the A point.

318
00:18:02,600 --> 00:18:06,200
And if you could effectively
have a user research, you know,

319
00:18:06,200 --> 00:18:09,800
these phds, you know, obviously
aren't going to be replaced by

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00:18:09,800 --> 00:18:13,600
chat, beat chat GPT at least
not, you know, kind of how they

321
00:18:13,600 --> 00:18:15,900
currently work.
But you could give every one of

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00:18:15,900 --> 00:18:19,000
your customers.
This this you are specialist

323
00:18:19,000 --> 00:18:22,100
who's going to say tell me more
about your problem.

324
00:18:22,200 --> 00:18:26,500
And that's just one example of
you know moving beyond what

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00:18:26,500 --> 00:18:31,300
today is largely forms over data
and that to me is if we get kind

326
00:18:31,300 --> 00:18:32,800
of more mathematics Macro at all
of this.

327
00:18:33,100 --> 00:18:37,500
That is one of the things I'm
most excited about because SAS

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00:18:37,500 --> 00:18:41,800
products today largely are
people typing into web forms,

329
00:18:42,100 --> 00:18:44,900
you know, some are fancy, some
are not, but they're still kind

330
00:18:44,900 --> 00:18:48,500
of crud in nature to a large
degree and if you start to think

331
00:18:48,500 --> 00:18:52,900
about unattended SAS, you know,
not just you know, SAS that you

332
00:18:52,908 --> 00:18:55,800
know, is kind of you know, the
copilot type things, the big

333
00:18:55,800 --> 00:18:57,200
tech companies are going to be
great at that.

334
00:18:57,200 --> 00:19:01,000
I'm sure Salesforce and Google
and Microsoft, everyone's going

335
00:19:01,000 --> 00:19:04,800
to have a Kind of sidebar that
gives you these superpowers, but

336
00:19:04,800 --> 00:19:07,900
imagine another class of
experiences where it's truly

337
00:19:07,900 --> 00:19:12,200
headless and it's kind of, you
know, running these jobs on your

338
00:19:12,200 --> 00:19:16,900
behalf and one of those, I would
imagine would be the ability to

339
00:19:16,900 --> 00:19:19,200
talk to your customers and
really get to the source of

340
00:19:19,200 --> 00:19:22,800
their pain and also a the right
time.

341
00:19:22,800 --> 00:19:25,000
It's not interrupting the
customer, while they're trying

342
00:19:25,000 --> 00:19:27,500
to complete a task or whether,
or not interested.

343
00:19:27,800 --> 00:19:31,500
And so to be able to collect all
that data without having humans

344
00:19:31,500 --> 00:19:35,300
type Into a form and then
aggregate it and then get to

345
00:19:35,300 --> 00:19:37,700
some insights.
Okay, now you're talking about,

346
00:19:37,700 --> 00:19:40,400
you are you're talking about
product management, you taking

347
00:19:40,400 --> 00:19:42,800
all of these things that
historically you would need to

348
00:19:42,808 --> 00:19:46,300
go hire a fractional resource or
hire, a full-time employee.

349
00:19:46,500 --> 00:19:48,800
And now this whole open or is
going to have access to a lot of

350
00:19:48,800 --> 00:19:53,000
those capabilities today.
And this again, another question

351
00:19:53,000 --> 00:19:56,400
that came to my mind because of
this, you mentioned how the big

352
00:19:56,400 --> 00:20:01,700
companies will do great in this
integration now.

353
00:20:02,200 --> 00:20:07,100
We know the fact that every big
tech company tries to be, you

354
00:20:07,100 --> 00:20:10,200
know, they follow the 021 right,
we know this so they are the

355
00:20:10,200 --> 00:20:13,400
network, do you think?
But there will be space for

356
00:20:13,400 --> 00:20:19,300
solopreneurs to play in this
field or do you think the big

357
00:20:19,300 --> 00:20:23,400
Tech will dominate and there
will be no room for others in

358
00:20:23,400 --> 00:20:25,200
this game.
Yeah.

359
00:20:25,200 --> 00:20:28,100
So this is one where it's easy
to say words.

360
00:20:28,100 --> 00:20:31,500
And so I'm not going to try to
predict again.

361
00:20:31,800 --> 00:20:34,200
If you give it a long enough
time Horizon, I think it's

362
00:20:34,200 --> 00:20:36,600
really easy to predict the
future but in the short term,

363
00:20:36,600 --> 00:20:38,700
you know, over the next year or
so, I think that's a bit

364
00:20:38,700 --> 00:20:42,800
trickier.
What I do believe is the, you

365
00:20:42,800 --> 00:20:47,100
know, the large data models or
the large models that require a

366
00:20:47,100 --> 00:20:50,100
really large data set, those are
going to be regulated just from

367
00:20:50,100 --> 00:20:54,400
a capital expense to some of the
large players and, you know,

368
00:20:54,400 --> 00:20:58,600
folks who are now figuring out
what the right, you know, UI

369
00:20:58,600 --> 00:21:01,600
design patterns are going to be,
there will be a little pockets.

370
00:21:01,800 --> 00:21:04,100
In certain verticals, you know,
someone's going to have an AG

371
00:21:04,100 --> 00:21:06,400
Tech play, someone's going to
have an edtech Place, someone's

372
00:21:06,400 --> 00:21:08,300
going to have fintech like
they're going to figure out

373
00:21:08,300 --> 00:21:12,100
these unique things and over
time will quickly realize that

374
00:21:12,100 --> 00:21:14,500
these design patterns are maybe
a bit more Universal.

375
00:21:14,600 --> 00:21:17,300
You saw this with mobile where
folks took like, you know,

376
00:21:17,300 --> 00:21:20,200
desktop applications, they try
to cram them down to a phone and

377
00:21:20,200 --> 00:21:23,200
were like oh this is dumb.
And then over time we found the

378
00:21:23,200 --> 00:21:27,400
right, you know, design patterns
and now those are pretty

379
00:21:27,400 --> 00:21:30,200
commonplace and every once in a
while you have someone totally

380
00:21:30,200 --> 00:21:33,600
rethinking, you know, you I On a
mobile application, but, you

381
00:21:33,608 --> 00:21:37,000
know, customers pick, you know,
they come to use and interact

382
00:21:37,000 --> 00:21:38,300
with things in a very familiar
way.

383
00:21:38,300 --> 00:21:41,300
And so, we've had kind of a set
of standards and so I call that

384
00:21:41,300 --> 00:21:44,000
out because there will be a
window, I think of this time

385
00:21:44,000 --> 00:21:46,500
where folks will be inventing
those things, but those aren't

386
00:21:46,500 --> 00:21:48,000
really defensible, those aren't
moats.

387
00:21:48,000 --> 00:21:52,100
And so they're going to find
their way back to some of these.

388
00:21:52,400 --> 00:21:56,100
So, so a lot of those big
pieces, those big rocks.

389
00:21:56,200 --> 00:21:58,800
I'm not sure.
There's long-term opportunity

390
00:21:58,800 --> 00:22:01,600
for the small player where I get
really excited and I do.

391
00:22:01,700 --> 00:22:04,600
I think there's going to be
opportunities for the solar

392
00:22:04,600 --> 00:22:11,300
preneur is any place where rapid
iteration is going to be

393
00:22:11,300 --> 00:22:16,300
rewarded.
Two reasons, number one, big

394
00:22:16,300 --> 00:22:18,500
companies just won't be able to
move that quickly.

395
00:22:18,500 --> 00:22:21,300
But number two, many of the
people inside of these

396
00:22:21,300 --> 00:22:23,600
companies, they don't want to
lose their job.

397
00:22:23,800 --> 00:22:26,000
They don't want to take the
risk, they're trying to protect

398
00:22:26,000 --> 00:22:30,300
the status quo and, you know, I
can understand the psychology of

399
00:22:30,300 --> 00:22:32,100
why they may behave that way.
Way.

400
00:22:32,100 --> 00:22:36,200
But there's going to be tons of
Arbitrage opportunities that are

401
00:22:36,200 --> 00:22:38,900
going to keep surfacing.
And, you know, to my earlier

402
00:22:38,900 --> 00:22:41,200
point, they're going to get shut
down quickly, right?

403
00:22:41,200 --> 00:22:43,100
Like you know, this will be a
six-month opportunity, a

404
00:22:43,108 --> 00:22:45,900
nine-month opportunity, an
18-month opportunity and then

405
00:22:45,900 --> 00:22:48,700
someone will like, oh we should
probably just roll this as a

406
00:22:48,708 --> 00:22:52,200
feature or, you know, a product
into our larger suite.

407
00:22:52,400 --> 00:22:56,000
And if you're a small player,
you're going to be able to go

408
00:22:56,000 --> 00:22:58,900
and exploit some of these
Arbitrage opportunities create

409
00:22:58,900 --> 00:23:02,400
value for folks.
And I have a really People Rule

410
00:23:02,400 --> 00:23:04,500
and how we run our business.
You know, we're not focused on

411
00:23:04,500 --> 00:23:07,200
market share, it's just free
cash flow and so for the

412
00:23:07,200 --> 00:23:11,400
solopreneur who is really trying
to generate real cash, that

413
00:23:11,400 --> 00:23:16,300
Runway is going to unlock the
next wave of Arbitrage and that

414
00:23:16,300 --> 00:23:19,800
to me that Cheney I believe are
going to be in a decade of this,

415
00:23:19,800 --> 00:23:21,600
right?
The same way you know kind of

416
00:23:21,608 --> 00:23:27,600
once we had the iPhone 4 moment.
You know was that 2000's at

417
00:23:27,600 --> 00:23:32,400
seven or two thousand three
seven and so we had a A run

418
00:23:32,500 --> 00:23:35,500
where every year there was
something new o, this new

419
00:23:35,500 --> 00:23:37,300
camera.
Oh, there's new depth sensor.

420
00:23:37,300 --> 00:23:41,000
Oh, you got GPS.
And so, the large players just

421
00:23:41,000 --> 00:23:43,900
couldn't react fast enough
because, you know, even if you

422
00:23:43,900 --> 00:23:47,100
look at now, what open Ai and
Microsoft are announcing?

423
00:23:47,600 --> 00:23:50,000
You know, I know this is a very
coordinated PR approach from

424
00:23:50,000 --> 00:23:53,800
them but over the last two weeks
it's like 56 announcements that

425
00:23:53,800 --> 00:23:58,000
could be like a whole quarters
worth of PR in a typical new

426
00:23:58,000 --> 00:24:00,800
cycle.
And so companies are going to be

427
00:24:00,800 --> 00:24:04,600
able to react Enough to take
advantage of these platforms to

428
00:24:04,600 --> 00:24:07,200
build interesting things.
And that's an opportunity I

429
00:24:07,200 --> 00:24:10,900
believe for for solopreneurs.
Yeah, I have to agree with you.

430
00:24:10,908 --> 00:24:15,200
It's the best beate effort.
I have seen in years especially

431
00:24:15,200 --> 00:24:19,600
from open a.i. and Microsoft as
you said because they're

432
00:24:19,600 --> 00:24:25,200
delivering a vision where, you
know, like I'm not associated

433
00:24:25,200 --> 00:24:26,600
with with anyone.
Right.

434
00:24:26,800 --> 00:24:29,500
But the way they are presenting
that this technology, how it can

435
00:24:29,500 --> 00:24:32,900
be helpful.
It's at At least, you know,

436
00:24:32,900 --> 00:24:37,100
quieting, the noise that is
coming, all this is going to,

437
00:24:37,100 --> 00:24:40,500
you know, hundreds of thousands
of people will lose their jobs.

438
00:24:40,500 --> 00:24:45,900
Like even I read like weed stuff
a, I will wake up and kill us,

439
00:24:45,900 --> 00:24:48,800
you know like all these things
I'm happy that are doing this

440
00:24:48,800 --> 00:24:51,800
kind of PR and especially you
know, with whatever they did

441
00:24:51,800 --> 00:24:58,300
with co-pilot for the the office
tools and for the cold air Hub.

442
00:24:58,700 --> 00:25:01,100
Yes.
The coding part and the cyber

443
00:25:01,100 --> 00:25:03,700
security.
Apart like really, it's

444
00:25:04,200 --> 00:25:09,000
promising technology now what do
you think other than a I like

445
00:25:09,000 --> 00:25:13,700
for solopreneurs where other
Technologies could also play a

446
00:25:13,708 --> 00:25:18,200
role to help them.
Like I believe like you would

447
00:25:18,200 --> 00:25:23,700
say automation but anything else
that can come to mind Well, even

448
00:25:23,700 --> 00:25:26,900
Beyond technology I'll come back
to that point.

449
00:25:27,100 --> 00:25:30,400
One of the biggest gaps I see
across the workforce, whether

450
00:25:30,400 --> 00:25:35,100
it's a business of one or large
company is people just are not

451
00:25:35,100 --> 00:25:40,100
embracing being really effective
writers and the reason I think

452
00:25:40,100 --> 00:25:42,600
that's such an important skill.
Whether it's, you know, more

453
00:25:42,600 --> 00:25:46,500
creative and sales copywriting
or it is, you know, business

454
00:25:46,500 --> 00:25:50,000
writing.
You know my background in big

455
00:25:50,000 --> 00:25:52,300
Tech is very document.
Evie.

456
00:25:52,300 --> 00:25:54,100
You know working in meetings
where you have to write

457
00:25:54,100 --> 00:25:59,400
everything down, the reason that
is I believe an undervalued

458
00:25:59,400 --> 00:26:04,600
skill is in a remote first
Workforce which many companies

459
00:26:04,600 --> 00:26:07,900
are embracing as a solopreneur
you're almost by definition.

460
00:26:08,200 --> 00:26:09,800
You know, remote because
everyone you're at, you're

461
00:26:09,800 --> 00:26:13,600
interacting with is probably not
with you, your ability to write,

462
00:26:13,600 --> 00:26:18,400
enables you to move more quickly
with async communication so you

463
00:26:18,400 --> 00:26:20,400
can write something and then you
can move on.

464
00:26:20,600 --> 00:26:23,700
And the idea that Do the
computers going to write that

465
00:26:23,700 --> 00:26:25,100
for you?
No way, right?

466
00:26:25,100 --> 00:26:29,300
Like this is not the, the skill
that type of writing is not what

467
00:26:29,300 --> 00:26:33,600
these these things can do today.
And so the ability to be an

468
00:26:33,600 --> 00:26:37,500
amazing writer to me is super,
super important.

469
00:26:38,700 --> 00:26:41,100
And once you can be able to
write, you can direct a bunch of

470
00:26:41,100 --> 00:26:44,100
resources.
One of those and I don't know

471
00:26:44,100 --> 00:26:47,700
why this isn't talked about more
often, but, you know, part of my

472
00:26:47,700 --> 00:26:50,200
journey has been again, you
know, these big companies, as

473
00:26:50,200 --> 00:26:54,600
well as tiny little companies.
And if you remember years ago,

474
00:26:54,600 --> 00:26:57,208
there was this talk about the
consumerization of it, do you

475
00:26:57,216 --> 00:27:00,100
remember that that dialogue
where it's just like we don't

476
00:27:00,100 --> 00:27:03,500
need these ugly interfaces and,
you know, usability should be

477
00:27:03,500 --> 00:27:05,800
improved.
I almost look at it as the other

478
00:27:05,800 --> 00:27:09,700
way.
There are really smart and

479
00:27:09,700 --> 00:27:12,700
thoughtful design and
Architectural patterns, you

480
00:27:12,700 --> 00:27:15,700
know, at the Enterprise, let's
take basic things like, you

481
00:27:15,708 --> 00:27:17,800
know, data lakes or system of
record.

482
00:27:19,000 --> 00:27:22,800
Every Soul open or should be
thinking, what is their system

483
00:27:22,800 --> 00:27:25,500
of record?
Because the more, you can start

484
00:27:25,500 --> 00:27:27,900
to bring this data together
whether it's in a very

485
00:27:27,900 --> 00:27:31,600
structured format, it could be
as simple as an Excel file and

486
00:27:31,600 --> 00:27:33,500
some are table, right?
It doesn't really, that's not to

487
00:27:33,500 --> 00:27:36,800
be complicated, but the more you
can start to pull this together.

488
00:27:37,500 --> 00:27:41,500
The more you can start to really
lean into process optimization

489
00:27:41,500 --> 00:27:44,500
and it's really hard when you
know you got some stuff in a

490
00:27:44,508 --> 00:27:48,000
text file, some stuff in an
email, some stuff in a dock.

491
00:27:49,100 --> 00:27:52,400
So the idea that you can, you
know, start thinking of a system

492
00:27:52,400 --> 00:27:54,500
of record the way a large
company would, you know, let's

493
00:27:54,500 --> 00:27:57,800
say your big a big bank or
financial institution, they're

494
00:27:57,800 --> 00:28:00,000
going to be really thoughtful
about what is the system of

495
00:28:00,000 --> 00:28:01,900
record?
What's the system of engagement

496
00:28:01,900 --> 00:28:03,900
on top of that?
And then what's the system of

497
00:28:03,900 --> 00:28:07,800
insights and intelligence?
And if you don't aggregate that

498
00:28:07,800 --> 00:28:09,400
all together, that's going to be
broken.

499
00:28:09,400 --> 00:28:13,200
And so any Source or any tool
again.

500
00:28:13,200 --> 00:28:16,400
I'm I love tabular data because
it's one of the easiest for

501
00:28:16,400 --> 00:28:20,600
people to manipulate, you know,
without it None of, you know,

502
00:28:20,600 --> 00:28:23,200
kind of technical expertise.
So I can teach someone how to

503
00:28:23,200 --> 00:28:25,100
use Excel or something like
that.

504
00:28:25,100 --> 00:28:28,900
Very quickly.
Those are some of the the pieces

505
00:28:28,900 --> 00:28:32,000
of tech that are going to be, I
think applicable to almost any

506
00:28:32,000 --> 00:28:35,700
knowledge worker and then this
is maybe a bit more Niche.

507
00:28:35,700 --> 00:28:39,000
But for Frontline workers or any
place where, you know, the

508
00:28:39,000 --> 00:28:43,000
laptop is not handy where you
need two hands, you know,

509
00:28:43,000 --> 00:28:48,500
integrating more media, whether
it is photos or videos and in

510
00:28:48,800 --> 00:28:51,600
Doing that to some of these new
analytics and data storage,

511
00:28:51,600 --> 00:28:53,900
where you're triggering
insights.

512
00:28:53,900 --> 00:28:57,000
Whether it's computer vision,
based or otherwise to say like

513
00:28:57,000 --> 00:28:59,500
all right, how many pallets are
supposed to be in this warehouse

514
00:28:59,600 --> 00:29:02,100
and you don't need to have
somebody walk over there and

515
00:29:02,100 --> 00:29:06,000
count those.
And again these are Big Ideas

516
00:29:06,000 --> 00:29:08,600
that have been around in the
Enterprise for years.

517
00:29:09,400 --> 00:29:11,800
These types of Technologies I
think you're going to find their

518
00:29:11,800 --> 00:29:14,900
way you know to these businesses
of what love that the show and

519
00:29:14,900 --> 00:29:19,700
like it's bringing you know, the
power of data to Individuals.

520
00:29:19,900 --> 00:29:21,800
All right, right.
I love this.

521
00:29:22,500 --> 00:29:26,400
And I think I start to see
couple of attempts, I would say.

522
00:29:26,600 --> 00:29:31,500
So you see now people building
templates like some of them in

523
00:29:31,500 --> 00:29:34,500
in Excel, some of them in
notion, some of them, you know,

524
00:29:34,500 --> 00:29:37,600
in different of these tools and
they are growing them, you know,

525
00:29:37,600 --> 00:29:42,300
the let's say the outer preneur
operating system right?

526
00:29:42,300 --> 00:29:43,000
Right.
Yeah.

527
00:29:43,000 --> 00:29:47,100
You know, I love this this
approach but what you just said

528
00:29:47,100 --> 00:29:49,800
is something like Select
LeapFrog.

529
00:29:49,800 --> 00:29:53,600
I would say because you're
trying to get analytics and all

530
00:29:53,600 --> 00:29:57,800
this.
Now just a final question before

531
00:29:57,800 --> 00:30:02,600
we close, what is your advice
for solopreneurs?

532
00:30:02,700 --> 00:30:06,700
You know, whether you know that
it's related to to the AI and

533
00:30:06,700 --> 00:30:10,800
how they can automate their
works and, you know, just a

534
00:30:10,800 --> 00:30:14,000
general also advice from from
your side because you have this

535
00:30:14,000 --> 00:30:18,100
experience.
Well, I would say three things

536
00:30:18,200 --> 00:30:22,400
and the first one is an obvious
one, but I will state it.

537
00:30:22,500 --> 00:30:25,500
You know, with all of the
chatter going on right now with

538
00:30:25,500 --> 00:30:28,600
with a I I'm not sure it's
overhyped.

539
00:30:28,800 --> 00:30:31,300
I really do think this is going
to be transformational.

540
00:30:31,300 --> 00:30:35,500
We might get the timing wrong on
certain capabilities within

541
00:30:35,500 --> 00:30:37,900
this, but but I don't believe
that it's over height.

542
00:30:38,200 --> 00:30:42,300
However, you can't just, you
know, look at your your newsfeed

543
00:30:42,300 --> 00:30:46,100
and say, oh, now I'm up to speed
and I think Every solopreneurs

544
00:30:46,100 --> 00:30:47,600
should go and this can be
tricky.

545
00:30:47,600 --> 00:30:52,600
If you're running your business
of one, go find 40 hours and go

546
00:30:52,600 --> 00:30:57,300
try out all of these tools last
year when you know, Dolly and

547
00:30:57,300 --> 00:30:59,900
stable diffusion and you know,
major knee and these other

548
00:30:59,900 --> 00:31:02,500
things were going on on the
image generation side.

549
00:31:03,100 --> 00:31:05,900
If they were very clumsy, right?
You had to go in this Discord

550
00:31:05,900 --> 00:31:08,600
group for mid-journey, you had
to go, you know, fiddle with

551
00:31:08,600 --> 00:31:12,700
these jupyter notebooks for, you
know, for some of the stable

552
00:31:12,700 --> 00:31:17,000
diffusion stuff and It's kind of
like it's painful, right?

553
00:31:17,000 --> 00:31:18,900
Because you like I'm learning
this thing that's probably a

554
00:31:18,900 --> 00:31:21,700
thorough way skill because you
know, Adobe or somebody they

555
00:31:21,700 --> 00:31:22,800
just actually announce
something.

556
00:31:23,000 --> 00:31:25,700
They're just going to give you
the UI but to give your brain

557
00:31:25,700 --> 00:31:27,600
more Cycles.
I think it's really important

558
00:31:27,600 --> 00:31:29,800
and helpful to you know, go
invest.

559
00:31:29,800 --> 00:31:33,500
And I just would block 40 hours
as soon as you can to go get

560
00:31:33,500 --> 00:31:37,300
some more Hands-On and then your
unique talent stack is going to

561
00:31:37,300 --> 00:31:41,300
unlock something where you
realize see an opportunity, or

562
00:31:41,300 --> 00:31:44,300
you see a weakness that maybe is
being hyped and isn't quite

563
00:31:44,300 --> 00:31:45,400
ready for prime time.
Time.

564
00:31:45,500 --> 00:31:49,000
So that's number one.
Number two, going back to being

565
00:31:49,000 --> 00:31:54,500
a great writer the interface.
For many of these tools are

566
00:31:54,500 --> 00:32:00,200
going to be text or voice and
your ability to speak concisely

567
00:32:00,200 --> 00:32:05,200
in a very actionable way.
I look at these, these Bots, as

568
00:32:05,200 --> 00:32:08,400
you know, interns ready to be
trained up to be effective, you

569
00:32:08,400 --> 00:32:12,500
know, team members.
And when you, when you look at

570
00:32:12,500 --> 00:32:16,200
it through that lens, you got to
manage your You don't get to

571
00:32:16,200 --> 00:32:19,900
just say, hey folks, go do some
work and so the ability to start

572
00:32:19,900 --> 00:32:22,900
figuring out, you know, not just
prompt engineering but really

573
00:32:22,900 --> 00:32:26,900
start thinking about how you can
manage this technology as if it

574
00:32:26,900 --> 00:32:29,600
was a team.
That's pretty powerful.

575
00:32:29,600 --> 00:32:31,900
And, you know, this is a team
that, you know, they're not

576
00:32:31,900 --> 00:32:34,200
going to call in sick, they're
always ready to work but they're

577
00:32:34,200 --> 00:32:37,500
going to do basically, what you
tell it to do and your ability

578
00:32:37,500 --> 00:32:39,900
to be a great writer.
I believe, will be really

579
00:32:39,900 --> 00:32:43,400
critical to that.
And then, lastly, I think having

580
00:32:43,400 --> 00:32:45,100
conversations with other
solopreneurs.

581
00:32:45,100 --> 00:32:50,100
URS I haven't figured out the
pithy five things that every

582
00:32:50,100 --> 00:32:55,200
solopreneur needs to know about
Ai and I would posit in the

583
00:32:55,200 --> 00:32:58,800
next, you know, year or so.
That's going to be a lot easier

584
00:32:58,800 --> 00:33:01,700
to articulate because we're
going to see all these pieces

585
00:33:01,700 --> 00:33:03,500
come together.
And so if folks want to get

586
00:33:03,500 --> 00:33:06,800
ahead of the curve, you know,
you know, creating their own

587
00:33:06,800 --> 00:33:12,100
group of three to five peers who
are also trying to explore and

588
00:33:12,100 --> 00:33:15,000
you know, having a conversation
you know a couple times.

589
00:33:15,200 --> 00:33:18,100
Month that I think is going to
get the unlock.

590
00:33:18,100 --> 00:33:20,800
And so if you pair that with
being a great writer and you

591
00:33:20,800 --> 00:33:25,500
know some you have some Hands-On
expertise, you're going to have

592
00:33:25,500 --> 00:33:28,500
single person companies, you
know kind of delivering the

593
00:33:28,500 --> 00:33:33,400
value of 30, 40, 50 person
company and that to me is super

594
00:33:33,400 --> 00:33:36,000
exciting, that's great.
That's one.

595
00:33:36,000 --> 00:33:39,300
I was really happy to have you
with me today on the show.

596
00:33:39,700 --> 00:33:43,900
I hope.
Like everyone would be excited

597
00:33:43,900 --> 00:33:47,000
about the future that Is only
extend to us, whether you are a

598
00:33:47,000 --> 00:33:49,300
solopreneur, whether you are an
entrepreneur, whether you are

599
00:33:49,300 --> 00:33:54,000
still working in the in the
corporate world, I will keep in

600
00:33:54,000 --> 00:33:58,400
the episode details, the
contacts of the show, if you

601
00:33:58,408 --> 00:34:02,000
want to connect with him, maybe
on LinkedIn or you know more

602
00:34:02,000 --> 00:34:06,300
about his company.
And as usual, if you have any

603
00:34:06,300 --> 00:34:09,500
questions, if you have any
feedback about this episode, all

604
00:34:09,500 --> 00:34:12,500
about the show in general,
please don't hesitate to reach

605
00:34:12,500 --> 00:34:16,600
out to me by email or through
the Well, media, LinkedIn and

606
00:34:16,600 --> 00:34:19,500
Twitter.
And if you want to also join me

607
00:34:19,500 --> 00:34:22,699
on the show and I'll be
available for you.

608
00:34:22,699 --> 00:34:26,900
You can again ping me and we can
discuss how we can arrange this

609
00:34:26,900 --> 00:34:29,000
together.
And don't forget to subscribe.

610
00:34:29,000 --> 00:34:31,900
If you are watching this on
YouTube, or if you are listening

611
00:34:31,900 --> 00:34:34,300
through your favorite podcasting
platform.

612
00:34:34,400 --> 00:34:36,699
Also, don't forget to subscribe.
Thank you very much.

613
00:34:36,699 --> 00:34:38,100
And until we meet next time,