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Nikonomics - The Economics of Small Business
Welcome to Nikonomics—the show for entrepreneurs and Wantrapreneurs, ready to tackle the toughest roadblocks to their first million.
Nik brings firsthand experience, having bought and sold over a dozen businesses, achieved multiple 7-figure exits, and generated over $100 million in revenue.
Each week, he blends humor with real insights from successful entrepreneurs, sharing growth strategies, deal insights, and unique business ideas you won’t find elsewhere.
Ready to turn your entrepreneurial dreams into reality? Hit play and let’s get to work.
Follow me on Twitter here: https://twitter.com/CoFoundersNik or @CoFoundersNik
Nikonomics - The Economics of Small Business
144 - How Wearable AI Can Revolutionize Industries with Chris Koerner
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Join me, Nik (https://x.com/CoFoundersNik), and my business partner Chris Koerner (https://x.com/mhp_guy) in a fascinating discussion about the powerful intersection of entrepreneurship and artificial intelligence.
We dive into how these two mega trends are creating unprecedented opportunities for building new businesses and reshaping existing industries. We explore concrete examples of how AI can be practically applied to solve real-world problems, from streamlining workflows for professionals to uncovering hidden business intelligence.
We even brainstorm innovative business models centered around leveraging cutting-edge AI tools. This episode is packed with insights for anyone looking to understand and capitalize on the rapidly evolving AI landscape.
Questions This Episode Answers:
How can you start a business helping others use AI?
What are some immediate, practical uses of AI in businesses right now?
Can AI really replace traditional business support roles?
What kind of new service businesses can be built around AI technology?
How can AI help you gain a competitive edge through better information?
Enjoy the conversation!
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This week we covered:
00:00 Embracing Entrepreneurship and AI
02:51 The Role of AI in Healthcare
06:11 Innovative Solutions for Medical Practices
09:10 Sales Optimization through AI
12:04 Leveraging AI for Personal and Professional Growth
14:50 Deep Research and Its Applications
18:11 The Future of AI in Business
21:02 Ethics and AI in Personal Data
23:54 Conclusion and Future Directions