The Truth About AI for Business Owners (It's Not About Speed)
Someone posted that if you're not using AI as a business owner, you'll get wiped out by people executing decisions 50x faster. This sparked something important. Here's my take: If you have good margins, you don't exactly need AI. It just doesn't make sense not to use AI - when you can save time and money. The reality is, it helps for having better margins, makes scaling easier, and creates a more resilient system that survives short-term changes in the long-term. Short-term changes are political/legal changes, environmental changes, and economical changes. With AI, you can add permanent resilience to thrive long-term. Let me be honest: I see a lot of people getting the wrong idea around this - the main reoccurring theme is people using AI to replace skill deficiency. AI is an efficiency tool, not a proficiency tool. Use AI to learn, and use it to automate validated workflows - but do not rely on datamining. Here's the framework that matters: The one-person business is a possibility, only after you've replaced actual human workers in your ecosystem that existed beforehand. This goes for service providers primarily, not SaaS. For SaaS, have a good concept, coding skills, and exceptional marketing - you might get away with a one or two person business. The strategic insight: For service providers - you're competing with 70-80% of the market also running service-based businesses. Do the unscalable first, then think about AI. Build human processes, validate what works, then systematically replace human labor with AI efficiency. Bottom line: AI isn't about executing decisions 50x faster. It's about building resilient systems that can adapt to change while maintaining quality and margins. Speed without strategy is just expensive chaos. Hope you found this valuable! :)