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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
154 - Which AI Tools Are Worth Your Time? Use Cases and Future Potential with Chris Koener
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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 conversation diving into the practical applications of AI for businesses. We explore the landscape of Large Language Models (LLMs), uncovering which ones entrepreneurs are actually using and for what.
We also touch upon surprising insights into tools that work alongside these AI models and even debate the potential biases within ChatGPT. Plus, stick around as we brainstorm innovative marketing strategies, including the bold move of using billboards for podcast promotion and the challenges of tracking their impact.
Questions This Episode Answers:
What's the most popular LLM right now?
What are people mainly using ChatGPT for?
Which LLM is actually used by more people in aggregate?
What's a surprising AI tool many developers are raving about?
How do you even begin to track the success of a billboard ad for a podcast?
Enjoy the conversation!
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This week we covered:
00:00 Exploring AI Use Cases in Business
03:01 Comparing Popular LLMs: ChatGPT, Claude, and More
05:57 The Role of AI in Coding and Project Management
08:52 Sales and Revenue Generation with AI
11:48 AI's Unbiased Nature and Its Implications
15:09 Using AI for Personal and Relationship Insights
18:01 Innovative Marketing Strategies with AI
21:03 The Future of AI in Business and Mediation