Next came the fear, with people claiming that AI would replace everyone. Then came the scramble, as seemingly every company raced (often clumsily) to integrate AI into their products.
And now, finally, we've arrived at the best part: reality.
The reality is this: AI can't do everything, it won't replace everyone, and you cannot rush it. But you can use it-with excellent results. Because as entrepreneurs are finding out, AI is great at improving your workflow, speeding up your tasks, catching your errors, and many other applications. There's also a wide range of useful, practical, under-the-radar, Al-powered products and services out there.
That's why we started calling entrepreneurs with a simple question: How are you using AI right now, and how is it helping you? On the following pages, you'll see their answers-along with some insights to help you assess the real value (and future opportunities!) of AI.
AI IMPROVES PEOPLE
Your team can use AI to improve focus, communication, training, and more. Here's how to get started.
It's easy to forget that on the day ChatGPT came out, we all basically woke up with superpowers. Now anyone can code, create images, write faster, make videos, better understand human behavior, and learn about any topic under the sun. This is incredibly valuable for businesses.
Everyone's talking about artificial intelligence, but few are taking advantage of it. I believe that entrepreneurs who incorporate AI tools into their businesses are going to reap significant rewards over the long run. AI will help you develop new products, make better decisions, and build better businesses with less capital.
This story is from the July - August 2024 edition of Entrepreneur US.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber ? Sign In
This story is from the July - August 2024 edition of Entrepreneur US.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber? Sign In
The $20 Bill That Became Priceless
As I built my snack-food brand, Sun & Swell Foods, I kept hearing the same advice: Hustle for your customers. Never turn down business. Obsessively focus on ROI. So that's what I did-and although my company grew, it wasn't profitable. This began affecting me emotionally. I love my brand and care deeply about its success. Its challenges started to feel like my own.
THE BEST MARKETING DOLLARS I'VE EVER SPENT
Great marketing doesn't require huge budgets. We asked franchisees and franchisors to share their best marketing ROI-and their stories (on the following pages) will inspire you.
READ THIS BEFORE MEETING A FRANCHISOR
Thinking about buying a franchise? You should meet the franchisor-and you should know exactly how to approach that meeting-to ensure you're making the right decision.
THE BOLDEST NEW IDEAS IN FRANCHISING
These eight innovative businesses are now franchising-and maybe in a few years, they'll be climbing the Franchise 500 list too.
5 BRANDS GROWING IN LEAPS AND BOUNDS
Want to know how to rocket up in the Franchise 500 rankings? These brands all jumped over 150 spots since last year-and they're sharing the strategies behind their growth.
FRANCHISE 500 TOP 10
Meet the Leaders of the Franchise 500
TAX STRATEGIES TO MAKE A DIFFERENCE IN 2025
Your taxes won't go up this year. But you can still find new ways to decrease your burden.
HOW TO CLOSE THE SALE (EVEN WHEN THEY SAY NO)
I'm the world's leading door-to-door sales expert. I've heard “no” endlessly. Here's how I close sales anyway-and how you can too.
'The Sword We Refuse to Die On'
Some people tell Chip and Joanna Gaines to play it safe, and to keep doing what made them famous in the first place. But they're ready to take more risks-because that's the entrepreneurial way.
Are You Feeling the Squeeze?
Many companies are struggling with rising costs and tighter margins. We asked six business leaders to share their solutions.
