
How can AI tools help improve productivity and efficiency in your business? We’re diving into the world of artificial intelligence and showing you how you can easily leverage it to grow your business.
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Omar Zenhom
Foreign. Hey. Oh. Welcome to the $100 MBA Show. Practical business lessons you can count on to grow your business. I'm your host, your coach, your teacher, Omar Zenholm. I'm also the co founder of Webinar Ninja, an independent software company I started back in 2014. And today's episode is Free Ride Friday, where we give away a lifetime membership to the $100 MBA program. If you want to win a free ride, just leave us an Apple podcast. Podcast rating and review, and you enter a weekly random draw. Listen in on Friday, just like today, to see if you won. It's that easy. In today's lesson, you will learn how to easily leverage AI to grow your business. Since Chad GBT landed on the Internet, everybody's going crazy about artificial intelligence. And here's the truth. People are really overthinking it. They know it's powerful, and they're like, I gotta use this to help my business. How do I do it? You gotta use this in some crazy, sophisticated way. I'm here to tell you no. I'm going to show you how to easily leverage the power of AI to improve your business, to grow it and get more done. By the end of the episode, you'll know exactly what to do. You'll not feel overwhelmed, and you'll start to really get motivated about the power it can provide your business. So let's get down to business. There is no question that AI is incredibly powerful. But the biggest problem with AI is that it's fairly new and we don't really understand what it is. We don't know how to use it, utilize it, or even treat it. This is where today's lesson comes in. I'm gonna show you how to start thinking about AI and how to use it in your teams, in everything you do in your business to help you out. And that's where we're gonna start. Help. The best way to think of AI is as a really, really fast and smart assistant, a personal assistant next to you all the time to help you out or. Or help anybody out on your team. There's a lot of different AI tools out there, whether it's video AI or audio or images. But we're gonna stick to the basics today so that we actually get something done. When I say that, I mean using ChatGPT, the free version, or Bard, which is Google's AI chatbot, which is powered by ChatGPT 4. Bard is technically more advanced. But for the purposes of what we're gonna use it for, both are fine. You should have a tab Open on your browser with this assistant always there. You gotta see it as an assistant. Now, your assistant is useless. If you don't ask it to do things, it's not gonna produce work for you. It doesn't matter what's on your to do list, it can help you out. And that's a good place to start. Look at your to do list right now. What you have to do today, tomorrow, next week, whatever it might be. You gotta start thinking about how I can leverage AI to help me in these tasks. So let me give you some examples. Something very simple like email replying to emails that's really tedious takes a long time and most of the time replying to emails shouldn't take a long time. It's usually a yes or no answer reply like yes, I'll do this, no I won't do this, or here's what I'm available. But what takes time is the pleasantries and the salutations and it's nice to meet you and all that stuff. You can cut down your email time in half, even a third of the time by simply telling ChatGPT or Bard, hey, copy and paste the email that you're applying to. Give it the email, say, I want you to reply to this email saying yes, I will do it. I'm available at 9am Please make it professional and polite. That's it. It will reply back. It will give you a perfect reply with all the salutations, all the greetings. You just hit the copy button. You don't even have to highlight. You can just hit the copy button, paste it into the email, hit send. Literally it's going to take you less than 10 seconds. When an email like that probably would have took you three or four minutes rereading it, proofreading it, spell checking it, it's all done for you. Let me give you another to do those on my list. Write a sales video. We're creating a new program and I need to create a sales video that's fun and snappy and describes what we're selling. So I went to ChatGPT and told it, hey, I want to create a concept. First I start with a concept, not the script. I want to start with a concept for a sales video. I want you to act like a highly paid commercial executive that has produced some of the best high converting ads. This is what I'm selling. This is what it's all about. Give me a concept and it'll generate a concept. Now, a lot of the times the first generation is not so great and you're going to need to guide it a little bit and say, okay, this is fine, but can you make it less hype you? Or can you add a little humor, or could you give some practical examples into this concept? Once you're happy with the concept, the next thing you say is, hey, I'd love for you to write me a script. And if you're like me and you have a lot of content out there, a lot of podcasts, a lot of videos, then you can easily say, write this script in the voice of Omar Zenholm. That's me. But if you have a lot of content out there, you can use your name and it can actually write it in your own voice, because you have put your voice out there in the world and it knows what you sound like in terms of your writing style, in terms of how you deliver your lines, your personality. There you go. I got a script I can modify, I can go back and forth, I can edit it and make it my own. The point here is that those two things, the concept and the script, could have took me two to three days banging my head against the wall. But with ChatGPT, super simple agendas for meetings, you can create speeches, show you how to do things. Like, for example, I need to combine three PDFs together into one PDF. I asked ChatGPT how do I do this? And it gave me instructions, an exact website, step by step, what to do. And I did it. Super simple, no searching. The assistant. The super brilliant assistant of mine just told me what to do. Now, the key here to really make this powerful for your business, is for you not to be the only person that uses it. Is it everybody on our team, your own assistant, your team members, whatever department they're in, if they're in engineering, ChatGPT is brilliant when it comes to code. I had a problem with something that I embedded on my website. It wasn't centering proper. So I copied the code. I gave it to ChatGPT, say, hey, can you create the same code but center? It's not centering on my site. It gave me a new code to copy and paste into my site, and it worked perfectly in seconds. GitHub's got a great AI coding companion called Copilot. And this allows engineers and developers to code with the power of AI, meaning they're actually producing code faster and faster. They can create tests for their code. It's cleaner code, it's more efficient, it's pretty smart. Anytime somebody on your team needs to do something technical, ask them to ask ChatGPT first. Now, when you empower everybody on your team to use ChatGPT, the minimum that's going to happen is that everybody's writing ability is going to improve. They can just throw whatever they're writing to anybody, emails, messages, agendas, copy on your website, show notes, whatever it is, they can always pop it into ChatGPT and ChatGPT can clean it up. You could say, hey, can you please improve this copy, improve the grammar, the spelling, or even just make it more efficient. Everybody on our team should be using this because it's going to make their work polished and less work for you to review and to edit and all that stuff. Now, a little bit of advice. ChatGPT Bard. It's not the end all and be all, meaning you have to check the work, you have to check the content. It's not guaranteed to be the right information. The ideas have to come from you and your team. The polish and the work and the labor should be the ChatGPT's job. I always like to use it to improve upon ideas or work. I have to speed things up, just like the examples I gave to improve things, not to create things out of thin air because it will just make up stuff. Sometimes that is just not true and you don't want to put that out in the world because that just looks really bad. It's a horrible look. My job is a lot of email writing and copy for our newsletters, for our sales copy for our sales emails, for our sequences, for our onboarding. And sometimes you need to split test subject lines, opening lines, preview texts. And this is great, you can come up with one subject line and ask ChatGPT, hey, give me 10 compelling versions of the subject line and I can give you 10. And you could choose three of those and split test them. You know, sometimes you gotta send an email out, say to invite somebody to a webinar or to invite them to buy something that's on sale or a promotion or a launch you're doing. And you have to do a series of emails like the first email, the second email, the third email, the last chance email, the last day email, all those emails, right? And basically they're all different versions of the same email with the same information, but you're saying it in different ways. This is perfect for ChatGPT because once you write one email with the content you want it to say. You could say, give me a version I'm going to send two days later, creating a little urgency to buy this product. Act like I like this little prompt called act like A direct response copywriter. Act like David Ogilvy, whatever you want to say, but it's going to give you that type of copy. And then you can modify it if you'd like. Or you could tell it to modify, say, hey, give me another version, doing XYZ or changing this or that. But the point here is that you can create different versions of emails. Last chance emails, I always say, like the last one, keep it short and sweet, give the most important details and it'll create it with the subject line and everything. It's absolutely brilliant. So your job is to first train yourself to look at your to do list and get ChatGPT. Get Bard to help you with each task. The second thing you do is look on the plates of your team members. Who can use an assistant? Everybody, right? Whether it's customer support, whether it's sales or marketing or engineering like we mentioned. And have a training day. Have a training day for each department and say, let's go through some examples of ways you can leverage ChatGPT Bard to improve your life to make it easier to get things done. They're going to absolutely love it. It doesn't even need to be a full day. It could be a few hours so they can refer back to it and keep reminding them to use these tools. It's your job to keep them on track and hold them accountable. Thanks so much for listening to the $100 MBA show. Hope today's episode helped and we kept it simple guys. Not that difficult. Look at your to do list. There's plenty that ChatGPT or Bard can help you with. Don't overcomplicate it. You'll start to get more and more creative as you go along. Today is Freer Friday, so let's see who won this week's free ride. The winner is. Rawnesh Rovi is a handle on Apple podcast. Super good. Five stars. I always hear this podcast before I go to work for my business. Very insightful and inspiring. Well, thanks Ron for your great review. Your mission is to email me over at Omar at 100 MBA net so I can make sure to hook you up with lifetime membership to the $100 MBA program, our six part program on how to become a better entrepreneur. 100% guaranteed over at 100 MBA net. Before I go, I want to leave you with this. Tools are just tools, but if you don't use them and you don't use them consistently, they can't help you. They just collect dust, so to speak. So if you found this episode helpful, start using the tools that are available for free and start seeing how much it can help you and and your business grow. Thanks so much for listening, and I'll see you in Monday's episode. I'll see you then. Take care.
The $100 MBA Show: Leveraging AI to Grow Your Business + Free Ride Friday
Episode: MBA2348
Host: Omar Zenhom
Release Date: August 11, 2023
In episode MBA2348 of The $100 MBA Show, host Omar Zenhom delves into the practical applications of Artificial Intelligence (AI) for business growth. Recognizing the burgeoning interest in AI, especially following the widespread adoption of tools like ChatGPT, Omar aims to demystify AI usage for entrepreneurs and business owners. He emphasizes simplicity over complexity, ensuring listeners can easily integrate AI into their daily operations without feeling overwhelmed.
Timestamp: [02:15]
Omar begins by reframing AI, not as an abstract, futuristic technology, but as a "really, really fast and smart assistant" that can operate alongside you or your team. This perspective makes AI more accessible and less intimidating for those unfamiliar with its capabilities.
Omar Zenhom [02:15]: "The best way to think of AI is as a really, really fast and smart assistant, a personal assistant next to you all the time to help you out."
He recommends starting with foundational AI tools like ChatGPT or Bard (Google’s AI chatbot powered by ChatGPT-4) to handle everyday tasks efficiently.
Omar provides concrete examples of how AI can streamline various business operations:
Email Management
Timestamp: [03:20]
Managing emails can be time-consuming, especially the repetitive aspects like salutations and sign-offs. Omar suggests using AI to draft professional and polite responses swiftly.
Omar Zenhom [03:20]: "You can cut down your email time in half, even a third of the time by simply telling ChatGPT or Bard... it will reply back with all the salutations, all the greetings."
Content Creation
Timestamp: [05:10]
From crafting sales video concepts to writing scripts, AI can significantly reduce the time spent on content creation. Omar shares his experience of using ChatGPT to generate a sales video concept, which he then refined iteratively.
Omar Zenhom [05:10]: "The concept and the script... could have took me two to three days banging my head against the wall. But with ChatGPT, super simple."
Technical Assistance
Timestamp: [07:45]
For technical tasks like coding or troubleshooting website issues, AI proves invaluable. Omar recounts how ChatGPT helped him center code on his website within seconds.
Omar Zenhom [07:45]: "Anytime somebody on your team needs to do something technical, ask them to ask ChatGPT first."
Copy Improvement and Testing
Timestamp: [10:30]
Enhancing written communication—be it emails, marketing copy, or website content—is another area where AI shines. Omar highlights the ease of generating multiple versions of copy for A/B testing, ensuring messages resonate effectively with the target audience.
Omar Zenhom [10:30]: "You could say, give me 10 compelling versions of the subject line and I can give you 10."
Timestamp: [13:50]
Omar emphasizes the importance of not limiting AI usage to oneself but empowering the entire team. By training team members across departments—customer support, sales, marketing, engineering—to utilize AI tools, businesses can enhance overall productivity and consistency.
Omar Zenhom [13:50]: "Everybody on our team should be using this because it's going to make their work polished and less work for you to review and to edit."
He suggests organizing training sessions tailored to different departments, ensuring that each team member understands how AI can assist in their specific roles.
Timestamp: [16:30]
While advocating for the adoption of AI, Omar cautions against over-reliance without oversight. AI tools like ChatGPT and Bard are powerful but not infallible. It's crucial to "check the work, check the content" to avoid inaccuracies or fabricated information.
Omar Zenhom [16:30]: "Tools are just tools, but if you don't use them and you don't use them consistently, they can't help you."
He advises using AI to "improve upon ideas or work" rather than solely relying on it for content creation from scratch. This ensures that the final output maintains authenticity and accuracy.
Timestamp: [22:10]
In the spirit of community engagement, Omar announces Free Ride Friday, where listeners can win a lifetime membership to the $100 MBA program. To participate, listeners are encouraged to leave a rating and review on Apple Podcasts, entering them into a weekly random draw.
During this episode, the winner was Rawnesh Rovi, recognized for a glowing five-star review praising the podcast's insightfulness and inspiration.
Omar concludes by reiterating the transformative potential of AI in business when used effectively and consistently. He urges listeners to start integrating AI tools into their workflows, assuring them that simplicity and persistent use will lead to increased creativity and efficiency.
Omar Zenhom [24:50]: "If you found this episode helpful, start using the tools that are available for free and start seeing how much it can help you and your business grow."
He signs off by thanking the audience and encouraging them to tune into the next episode.
AI as an Assistant: View AI tools like ChatGPT and Bard as personal assistants that can handle a variety of tasks, from email management to content creation.
Team-Wide Adoption: Empower all team members across different departments to utilize AI, enhancing overall productivity and consistency.
Best Practices: Always review and verify AI-generated content to maintain quality and accuracy. Use AI to augment and improve existing ideas rather than replacing human creativity.
Community Engagement: Participate in initiatives like Free Ride Friday to gain access to exclusive resources and support the podcast community.
By embracing AI with a strategic and informed approach, businesses can unlock significant efficiencies and drive growth, all while maintaining the personal touch that defines successful entrepreneurship.