Here’s a few of my tips for entrepreneurs looking to build out their small business. The key is focus on results. Don’t buy into the hype and look for areas where you can really make a positive impact in your company.
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How Small Businesses Can Leverage AI/ML
Look to tackle specific problems, and focus on areas that will help drive the efficiency of your employees by augmenting their talent and removing mundane tasks. See if you can test out AI/ML with existing solutions in the market, and look at that as a test case. The key is to look for real ROI, not buy into the hype. Test small, adjust and scale up if the results are positive.
Barriers To Innovation?
Often the barrier is a client’s resistance to objectively looking at their current processes. Real change requires a mindset that embraces innovation, and my strategy is to help them get quick and easy wins to build confidence. Don’t try to do too much too soon. Once you open their eyes to the fact that innovation can drive positive results and not become disruptive, you set the stage for bigger transformation.
Tips Starting A Tech Business
When you are entering any competitive industry you have to find your differentiator. A great way to do that is to focus on a niche and excel in that area. Don’t try to be all things to all customers. If you can hone your solution to solve an important problem that the bigger competitors overlooked or neglected, you could create an amazing company and have a solid market share.
Click here for more of my tech tips. at my Forbes Council page.