Local Business Growth: Neil Patel on Winning with AI

The Entrepreneurial Agent
2 Apr 202422:10

Summary

TLDRDans cet épisode, l'invité Neil Patel, un expert en marketing numérique mondialement reconnu, discute de l'impact de l'intelligence artificielle sur les entreprises locales. Il souligne que bien que de nombreuses personnes peuvent surestimer l'IA à court terme, elles sous-estiment son potentiel à long terme. Patel encourage les entrepreneurs à utiliser l'IA pour améliorer leur marketing, leur analyse de données et leur créativité, tout en soulignant l'importance de la qualité et de l'engagement dans le contenu social. Il insiste sur le fait que l'IA est un outil à utiliser pour se démarquer et améliorer son entreprise, plutôt que de craindre sa potentialité.

Takeaways

  • 🤖 L'IA est un outil puissant qui peut aider les petites entreprises à grandir en automatisant des tâches et en aidant à la création de contenu.
  • 🌐 Les propriétaires d'entreprises locales devraient voir l'IA comme une opportunité à saisir plutôt que comme une menace.
  • 🚀 L'utilisation de l'IA peut améliorer l'efficacité en aidant à identifier les tendances et les types de clients les plus rentables.
  • 🎨 Les outils d'IA comme Firefly et Adobe peuvent fournir des images et des vidéos de qualité supérieure à un coût beaucoup plus faible.
  • 📊 L'IA peut analyser les données pour aider les entreprises à mieux allouer leurs budgets marketing.
  • 💡 L'IA ne doit pas être vue comme un remplacement complet de l'homme, mais plutôt comme un moyen d'améliorer les performances et la créativité.
  • 🧠 L'IA peut aider à supprimer les tâches meniales, laissant plus de temps pour se concentrer sur les relations et la pensée stratégique.
  • 📈 Les avantages de l'IA ne sont pas seulement réservés aux grandes entreprises, mais peuvent également être utilisés par les petites entreprises locales.
  • 🔍 Les propriétaires d'entreprises devraient expérimenter l'IA et former leur personnel pour en tirer parti.
  • 🌟 L'IA peut être utilisée pour identifier des opportunités dans des niches non explorées, similaires au concept de 'mer bleue'.
  • 🔥 L'IA est en train de changer rapidement et devrait être utilisée pour rester compétitif sur le marché.

Q & A

  • Quel est le rôle de l'IA dans l'impact des entreprises locales?

    -L'IA peut aider les entreprises locales dans des tâches telles que l'idéation, la recherche, la création de vidéos marketing et l'analyse de données, ce qui peut les aider à grandir leurs affaires de manière efficace et à moindre coût.

  • Comment Neil Patel est-il devenu un expert en marketing internet et entrepreneur?

    -Neil Patel est entré dans l'espace du marketing internet en créant une plateforme de job pour aider les gens à trouver un emploi, mais n'ayant pas obtenu de résultats, il a dû apprendre le marketing par lui-même et a découvert qu'il avait beaucoup de plaisir à aider les autres avec leur marketing.

  • Quelles sont les attentes des propriétaires d'entreprises envers l'IA?

    -De nombreux propriétaires d'entreprises considèrent l'IA comme un outil magique qui pourrait résoudre tous leurs problèmes, mais Neil Patel souligne que c'est une surestimation de l'IA à court terme, tandis qu'au long terme, ils peuvent sous-estimer l'impact qu'elle pourrait avoir sur leur entreprise.

  • Quels sont les avantages de l'IA pour les petites et moyennes entreprises (PME)?

    -L'IA peut aider les PME à faire des tâches qui étaient auparavant faites par des employés junior, à un coût significativement inférieur. Elle peut également aider à l'analyse de données pour mieux comprendre les tendances et les types de clients, et ainsi mieux allouer les fonds de marketing.

  • Comment Neil Patel utilise-t-il l'IA pour l'idéation et la recherche?

    -Neil Patel utilise l'IA pour générer des idées et effectuer des recherches, ce qui pourrait être payé pour des employés juniors. Par exemple, l'IA peut aider à créer des vidéos marketing pour les produits, à trouver des images et à produire des résultats à moindre coût mais de meilleure qualité que les services externes.

  • Quels sont les défis que les entreprises locales rencontrent avec l'IA?

    -Les entreprises locales peuvent surestimer les capacités de l'IA à court terme, mais au long terme, elles peuvent sous-estimer son impact. Par exemple, l'IA peut produire des images pour les réseaux sociaux, mais selon une étude, les images générées par l'IA ont obtenu moins d'engagement comparées à celles créées par des humains.

  • Quelles sont les stratégies que Neil Patel recommande aux entreprises locales pour améliorer leur présence sur les réseaux sociaux?

    -Neil Patel recommande aux entreprises locales de se concentrer sur la qualité plutôt que la quantité du contenu, d'avoir une excellente Google My Business et Yelp profile, de répondre aux commentaires et d'engager leur communauté. Il suggère également d'utiliser l'IA pour améliorer l'expérience de navigation sur leur site web et d'ajouter des images à leurs menus en ligne.

  • Comment Neil Patel voit-il l'impact de l'IA sur l'industrie de l'immobilier?

    -Neil Patel voit l'IA comme un moyen d'automatisation pour les entreprises immobilières, comme Starbucks ou McDonald's, en utilisant la technologie pour améliorer les processus de commande et en donnant des suggestions à un médecin ou un chirurgien pour éviter les complications.

  • Quelle est la position de Neil Patel sur l'utilisation de l'IA par les propriétaires d'entreprises?

    -Neil Patel encourage les propriétaires d'entreprises à utiliser l'IA comme un outil pour améliorer leur entreprise, mais il souligne que cela ne signifie pas qu'ils doivent tout faire eux-mêmes. Il suggère que les employés peuvent apprendre à utiliser l'IA pendant les heures mortes pour améliorer l'efficacité de l'entreprise.

  • Quels sont les secteurs qui seront impactés par l'IA selon Neil Patel?

    -Neil Patel prédit que l'IA impactera la plupart des secteurs, y compris le marketing, le design, l'ingénierie, la sécurité et les consultations en gestion, en apportant une aide supplémentaire pour l'analyse, la créativité et la prise de décision.

  • Comment Neil Patel reste-t-il à l'avant-garde de son développement personnel et professionnel?

    -Neil Patel reste à l'avant-garde en lisant des articles pertinents, en participant à des événements et en expérimentant de nouvelles choses. Il souligne l'importance de l'apprentissage à partir des résultats, qu'ils soient bons ou mauvais, pour ajuster et améliorer continuellement.

  • Comment Neil Patel peut-il aider les propriétaires d'entreprises et les clients?

    -Neil Patel peut aider les propriétaires d'entreprises et les clients en partageant ses connaissances et son expertise en marketing internet à travers son blog, ses réseaux sociaux et son agence de marketing digitale, NP Digital, qui aide les entreprises à améliorer leur présence en ligne et à atteindre leurs objectifs de croissance.

Outlines

00:00

🤖 Introduction to AI in Business

The discussion begins with an introduction to Neil Patel, an internet marketing expert, and his views on the impact of AI on businesses, particularly local ones. The conversation emphasizes that AI is not something to fear but rather an opportunity to be embraced. The host expresses excitement about the potential of AI to transform businesses and looks forward to exploring this topic further with Neil Patel.

05:01

🚀 Neil Patel's Career Journey

Neil Patel shares his career journey, starting 22 years ago when he entered the internet marketing space. Initially, he attempted to create a job board but pivoted to marketing after a negative experience with a marketing firm. He found joy in marketing and decided to help others with their marketing needs. The host and Neil agree that many successful entrepreneurs have an accidental journey, pivoting when faced with challenges.

10:01

🌐 AI's Impact on Local Businesses

The conversation shifts to the impact of AI on local businesses. Neil explains that small business owners often have unrealistic expectations of AI, both overestimating and underestimating its potential. He highlights AI's ability to assist with ideation and research at a fraction of the cost of human labor. The discussion includes examples of AI tools like Firefly and Adobe's product, which can produce quality images quickly and affordably. However, Neil also notes that AI-generated content doesn't always outperform human-created content, as evidenced by a study comparing AI and non-AI content on social media platforms.

15:03

📈 AI and Data Analysis

Neil discusses how AI can aid in data analysis, helping businesses understand trends and customer preferences. He suggests that AI can assist in identifying the best months for business, the characteristics of repeat customers, and the most effective marketing channels. This analysis can guide businesses in allocating their marketing budgets more effectively. Neil also touches on the potential of AI in the future, predicting that it will become more integrated into various aspects of business operations.

20:04

💡 Embracing AI for Business Growth

Neil emphasizes the importance of embracing AI for business growth. He advises business owners to learn about AI and leverage it to enhance their operations. He suggests that AI can be used to improve weaknesses and overall business performance. The conversation concludes with Neil sharing his personal strategies for staying on the forefront of personal development and success, which include reading, attending events, and experimentation.

📢 Closing Remarks and Call to Action

The host wraps up the conversation by reiterating the importance of leveraging AI for business growth. He encourages local business owners to take advantage of AI or risk losing market share to competitors who do. Neil provides his contact information for those interested in learning more about his services and concludes the show with a call to action for listeners seeking capital to grow their businesses.

Mindmap

Keywords

💡Intelligence Artificielle (IA)

L'intelligence artificielle fait référence aux systèmes ou machines qui imitent l'intelligence humaine pour effectuer des tâches et peuvent s'améliorer en se basant sur les informations recueillies. Dans la vidéo, l'IA est discutée comme un outil puissant pour les entreprises locales, capable d'aider dans l'idéation, la recherche, et même la création de contenu à un coût minime. Neil Patel souligne que l'IA ne doit pas être perçue comme une baguette magique mais comme un atout significatif pour l'efficacité et l'innovation dans les affaires.

💡Marketing numérique

Le marketing numérique englobe toutes les initiatives de marketing utilisant l'internet ou des formes électroniques pour atteindre les consommateurs. C'est l'expertise principale de Neil Patel, reconnu pour son savoir-faire dans le domaine. Le script mentionne l'utilisation de l'IA dans le marketing numérique pour optimiser les pratiques, notamment à travers la création de contenu et l'analyse de données, soulignant son rôle essentiel dans l'amélioration des stratégies marketing pour les entreprises de toutes tailles.

💡Entreprises locales

Les entreprises locales sont des entités commerciales opérant dans un espace géographique spécifique, souvent caractérisées par un personnel et une clientèle locaux. Le script met l'accent sur l'importance pour ces entreprises d'adopter l'IA pour rester compétitives, en soulignant des applications pratiques comme la création de contenu vidéo et d'images, l'analyse de données, et la gestion des réseaux sociaux pour engager la communauté et stimuler la croissance.

💡Idéation

L'idéation fait référence au processus créatif de génération, de développement et de communication de nouvelles idées. Neil Patel discute de l'IA comme un outil facilitant l'idéation pour les entreprises locales, en aidant à la création de matériel marketing et à la recherche d'images, entre autres, réduisant ainsi les coûts et améliorant l'efficacité du processus créatif.

💡Contenu AI

Le contenu AI fait référence au contenu généré par des algorithmes d'intelligence artificielle. Bien que l'IA puisse aider à produire du contenu rapidement et à moindre coût, Neil Patel note dans le script que le contenu AI ne remplace pas toujours avantageusement le contenu créé par des humains, en particulier dans le contexte des réseaux sociaux où le contenu généré par l'IA a tendance à recevoir moins d'engagement que le contenu humain.

💡Impact à long terme

L'impact à long terme se réfère aux effets ou résultats qui ne se manifestent pas immédiatement mais se développent sur une période prolongée. Dans la vidéo, Patel exprime l'idée que bien que l'impact immédiat de l'IA puisse être surestimé par certaines entreprises, son potentiel à transformer significativement les opérations et les stratégies à long terme est souvent sous-estimé, soulignant l'importance de se préparer à intégrer l'IA dans les pratiques commerciales futures.

💡Réseaux sociaux

Les réseaux sociaux sont des plateformes numériques qui permettent aux utilisateurs de créer et partager du contenu ou de participer à des réseaux sociaux. Le script met en lumière le rôle crucial des réseaux sociaux dans la croissance des entreprises locales, en indiquant que l'engagement et la qualité du contenu sont essentiels pour tirer profit de ces plateformes, un domaine où l'IA peut à la fois aider et présenter des limites.

💡Analyse de données

L'analyse de données implique l'examen, le nettoyage, la transformation et la modélisation de données dans le but d'en découvrir des informations utiles, de tirer des conclusions et de soutenir la prise de décision. Neil Patel souligne comment l'IA peut être utilisée par les entreprises locales pour analyser les tendances de vente, les préférences des clients, et les performances marketing, fournissant ainsi une base solide pour des décisions commerciales éclairées.

💡Adoption de l'IA

L'adoption de l'IA fait référence au processus par lequel les entreprises intègrent l'intelligence artificielle dans leurs opérations et stratégies. Le script traite de l'importance pour les entreprises locales d'adopter l'IA non seulement pour améliorer leur efficacité et innovation mais aussi pour rester compétitives face à des concurrents qui pourraient également tirer parti de ces technologies.

💡Opportunité et compétitivité

L'opportunité et la compétitivité se réfèrent à la capacité d'une entreprise à identifier et à saisir les chances de croissance et d'innovation pour se démarquer sur le marché. Dans la vidéo, l'importance de l'IA est soulignée comme un moyen pour les entreprises locales de saisir de nouvelles opportunités et d'améliorer leur compétitivité, en adoptant des outils et techniques avancés pour mieux servir leurs clients et optimiser leurs opérations.

Highlights

Neil Patel, a world-renowned internet marketing expert, shares his insights on how AI is impacting businesses, especially local ones.

AI is not something to be feared but rather embraced as a tool for business growth.

Small businesses often overestimate AI's immediate impact but underestimate its long-term potential.

AI can assist with ideation and research at a fraction of the cost of hiring junior-level employees.

AI tools like Firefly and Adobe can produce better and faster results for tasks like image creation compared to hiring freelancers.

AI-generated content may not always outperform human-created content in terms of engagement and quality.

Local businesses should focus on improving their online presence and customer experience rather than just producing large quantities of content.

Attention to detail in areas like website design and social media engagement is crucial for local businesses.

AI can help with data analysis, identifying trends and informing marketing strategies.

Local businesses can leverage AI to improve efficiency and customer service through automation and personalized suggestions.

Real estate investors can use AI to automate ordering processes and enhance customer experiences in their properties.

AI's role in professional sports analytics provides a glimpse into its potential for identifying patterns and providing insights in various industries.

AI is expected to eliminate menial tasks, allowing humans to focus on higher-level thinking and relationship-building.

Neil Patel emphasizes the importance of continuous learning, experimentation, and feedback in staying at the forefront of personal and professional development.

Reading, attending events, and applying new knowledge are key strategies for staying updated in the fast-paced world of marketing and technology.

Neil Patel's agency, NP Digital, offers marketing services to companies of all sizes, including local businesses.

The discussion underscores the importance of embracing AI and staying adaptable in the evolving landscape of business and technology.

Transcripts

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hey gang on today's show I have the

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internet famous Neil Patel who is

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world-renowned in its internet marketing

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prowess and experience he runs a

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marketing agency as well as other

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businesses very successful and Neil and

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I tackle this idea of AI and how AI is

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impacting business specifically local

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businesses businesses that have local

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employees and staff and clients and

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customers and how they can leverage AI

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to grow their businesses and that it's

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not something to be afraid of or

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intimidated by but something to embrace

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and be excited about so uh tune in strap

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in and let's go for a great

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[Music]

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ride okay uh today list ERS welcome to

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the show I have an amazing guest today

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Neil Patel he is um a New York Times

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bestselling author a Wall Street Journal

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calls him a top influencer in the web

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forb says he's one of the top 10

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marketers Entrepreneur magazine says

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he's created one of the 100 most

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brilliant companies he's been recognized

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all over the web as a just digital

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marketing expert and entrepreneur and

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I'm just honored to have him on the show

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today and we're going to talk about some

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really awesome things that he's sort of

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on the Leading Edge in and so uh Neil

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Welcome to the show today ah thanks for

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having yeah yeah you bet so before we

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dive into uh the the burning question on

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my mind and I think the minds of a lot

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of our listeners and clients today um

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just real quickly what's your career

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Journey how did you get to be an

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internet marketing expert and

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entrepreneur to the level that you're at

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sure so I started in this space around

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22 is years ago and when I started off

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it wasn't in marketing it was more so I

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was was looking for a job couldn't find

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one I was like you know I'm going to

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create a job board to help other people

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find a job created one and no one came

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to it and then I paid a marketing firm

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to help me out got ripped off then I had

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to learn marketing and I produced some

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decent results and I had a ton of fun

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and then from there I was like I'm not

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having fun creating a jaw board but I'm

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having a lot of fun in the marketing

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realm let me just help other people with

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their marketing and that's how it

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started for me wow W it's funny how most

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entrepreneurs that I talked to and know

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about and have studied over the years

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it's kind of that accidental Journey

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right you know you have this Mission and

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think something you're going to do and

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all of a sudden there's a an event a

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problem a challenge that occurs and then

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there's a pivot opportunity and I think

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it seems the difference between the ones

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that become successful and the ones that

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kind of blather on in Life or they seize

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that opportunity right and open their

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mind to doing something different yeah

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and you got to keep your mind open and

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try and you never know where it's going

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to lead you yeah yeah for sure

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well um what I really wanted to get into

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today with you um Neil is the this idea

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of I mean we're hearing AI artificial

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intelligence large language mouth all

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these things are coming out and they're

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coming out fast and furious with chat

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and Gemini and you know you name it um

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there's probably a hundred tools a day

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coming out and refinements and so half

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the world thinks that you know we're

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going to be taken over by robots and and

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Bots and whatnot and you have a lot of

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you know small business people that are

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really just trying to grow their

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business locally right they're trying to

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build their clientele they're trying to

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serve their employees and their

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community and their families and you

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know they don't want to get left behind

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and so you know what's bring us up to

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speed what's going on there what's the

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impact there how can they leverage it I

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mean there's a lot there to unpack and

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so I'm just going to throw that whole

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football to you sure so first off with

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AI most small business owners from what

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we see look at as a magic wand they hope

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you can wave it and it solves all your

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problems that's not really AI in its

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form today maybe five years from now

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maybe even two years from now or a year

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maybe I don't know but in the short run

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I believe too many small businesses are

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overestimating AI but they're also on

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the flip side we're seeing them

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underestimate the impact they could have

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to their business in the long run so AI

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is super powerful and

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it can help them with things like

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ideation research think of what you

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would pay junior level people to help

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you do AI can help you with a lot of

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that stuff for pennies on the dollar and

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that's where we see the power of AI

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especially for a small medium business

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you know what would be an example of

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that ideation that a small business

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person how could they leverage that if

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you want to create a video marketing

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your product Sora can end up doing that

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for you if you're looking for images you

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don't no longer have to pay someone

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professionally sure the video quality

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the image quality may be better but

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you'll be shocked on what Firefly could

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do for you and it's Pennies on the

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dollar it's night and day difference so

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they could start with um basically

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hiring a sort of free or Pennies on the

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dollar technical assistant that can

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handle some of these tasks that they've

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had to Outsource before and to clarify

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some of these Penny onth dollar type of

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Investments produce better results than

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paying the actual person so for example

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if I want a really cool visual image a

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lot of times I'm able to get better

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images from Firefly adobe's product then

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I am from paying a freelancer on

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upwork really

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wow yeah it's just kind of crazy oh and

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by the way I get it in seconds versus

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waiting days

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so you've compressed your time you've

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compressed the cost and you're getting a

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better quality product for some things

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not everything a lot of people like oh I

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could just have ai write me a thousand

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blog posts and do SEO we're not seeing

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that work well trust me we tried it it

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would be great if it worked that well um

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you know I hear a lot of people saying

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oh don't have to pay people to create

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social content I don't even need to do

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it myself I can just retire I'm just

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going to have ai create a ton of social

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content for me we did a interesting

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study where we tested out AI content

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versus human content images right and we

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tested this out on I believe it was

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304 social profiles it was 304 Instagram

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accounts and when you look at these

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accounts were posting both AI content

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non- AI content they're Noni content

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right uh their AI their AI generated

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images got 37 8% less likes and the non

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AI generated images not only got more

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likes but they also generated on average

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34.7% more comments so it doesn't always

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produce better

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results so okay so taking this idea of

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content for instance and in leveraging

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AI because most of the most of us have

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been taught in the local business that

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we want to create content to help you

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know Drive traffic and SEO and of course

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again this is your area of expertise so

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but just blathering out there just tons

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of content quantity of content that's

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maybe AI created is not the answer if

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people are looking for Quality if you're

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a local business have an amazing Google

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my business profile have amazing Yelp

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profile great looking

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images um focus on getting a lot of

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reviews have your own website make sure

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the experience works for a phone as well

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as uh a desktop computer iPad but really

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focus on the experience and I'll give

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you a prime example of this okay if

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you're a local business let's say a

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restaurant why the heck would you have a

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menu listing all this food but no image

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next to the description or the the text

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it's easy to add right right we live in

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2024 you could have done this stuff back

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in 2000 like this is not anything that's

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novel or unique or if you have Uber Eats

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and people can select items include an

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image for every single item there so

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people know what it looks like before

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they select little things like this

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helps generate more Revenue but people

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don't really do these little things that

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aren't that

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trivial yeah so it's not trivial little

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things that make AIG someone says the

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little hinges swing the big doors right

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yes that's spoton and what we're seeing

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is is a lot of local businesses they're

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taking things for granted they have

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social profiles but how often do you

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post on them how often do you respond to

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comments and engage with people how

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often are you running promos right like

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they're just like yeah we got Instagram

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someone just post some random images

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well if the images suck and no one takes

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time to create them and no one's

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engaging with the community don't expect

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your social profiles to generate you any

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Revenue so you're so you're saying that

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um that atten of detail and focusing on

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it is important if you want to grow I

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mean if you really want to grow that

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social presence because you know again a

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lot of these a lot of these local

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businesses have been you know they've

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been referral based and you know they've

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come from sort of the traditional

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marketing way um and um but that can

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change okay so I go to chiropractor here

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locally he's called chiro guy right

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right he's really well known on YouTube

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like just does the killing he's in Los

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Angeles it's not like his clients are

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going to come from even all parts of Los

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Angeles because Los Angeles is big and

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there's tons of traffic they're going to

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come from all people around his you know

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sub area no one wants to drive even 30

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minutes they want 10 15 minutes he still

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does really well and he videotapes doing

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Chiropractic adjustments who would ever

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guess and so what's the what's the value

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of that I mean so he's got this YouTube

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channel and he's got he's got a local

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client base but he's got obviously

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YouTube I could watch his videos from

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here in Virginia so what what's his

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reasoning behind that his rationale

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smart guy help him build up a audience

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and build up his practice and then he

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started expanding it and I was like good

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for you yeah yeah okay well um so okay

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so outside of ideation um from a small

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business standpoint how else do you see

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AI as being a a factor going forward or

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maybe maybe not today but maybe six

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months now 12 months from now that you

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need to be thinking about maybe where it

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could be going yeah so it'll help you

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more with video creation it'll help you

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more with text based creation it'll help

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you more with data analysis hey here's

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the spreadsheets for my business what

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what's trending up or down here is all

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the data for the last 12 months in

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business what are our worst months and

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our best months um what type of

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customers make up our best type of

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repeat customers here the channels they

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came from it can help do a lot of

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analysis to help you figure out also

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where to spend more of your marketing

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dollars and where to spend less of

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it so d analysis going deep on what

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you've already done with your business

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to look back because yeah so when you

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you start looking at I mean if you have

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you know 3 four 500 customers or more

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that's a pretty decent sized data set

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right for for AI to start taking a look

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at correct yes yeah I mean it's

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obviously not tens of thousands like

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like you'd have with a large business

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but but you know how many small business

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people are going to take the time

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themselves or or even to be able to draw

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those Trends and parallels right not the

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AI will for them and it won't cost them

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much at all if anything it won't is this

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something do you think that the um the

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local business person should should

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attempt to to sort of learn like your

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chiropractor should he try to learn how

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to use Ai and leverage it himself should

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he should he find somebody that's an

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expert in it I mean what's how do you

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see this playing out you can play with

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it on a spare time or she could play

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with it on her spare time um or you

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could just have some of the people on

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your front desk help you

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out cuz they like to surf the web anyway

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right

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exactly got time on their hand you

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should assign some of these things to

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them and get them to learn it yeah so

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instead of them checking their Facebook

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page or whatever you know when they're

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waiting for the phone to ring or during

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downtime they can start doing some of

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these AI tasks and learning and maybe

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even bring some creative ideas back to

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you as the as the business owner yep

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exactly do you see so a lot of our our

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clients also Real Estate Investors do

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you see AI impacting that um sort of in

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a global way or even down to the local

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level how how can that be leveraged I do

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but not in a way that is going to change

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a building sure and maybe eventually

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robots will help build a building but

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when I say ai's impact on it I think

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it's going to be more so like you have a

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real estate you're going to put in a

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Starbucks in there well cool you can

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create technology to help automate a lot

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of their ordering processes or um same

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with the McDonald's or same with the

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chiropra why can't a lot of things be

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done on a touchcreen these days and the

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AI then tells the doctor hey these are

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the issues maybe to look for or if

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there's a surgeon he's wearing glasses

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and AI is detecting stuff and giving

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suggestions not telling the surgeon what

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to do or not to do but more so giving

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suggestions and help helping avoid

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complications or issues that could

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arise so so I know like along those

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lines when you watch professional sports

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today like football and that sort of

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thing or Golf and there's all they're

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all Now sort of infatuated with talking

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about analytics on like in football you

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know it's third down and you know or

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fourth down and one should they go for

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it or should they punt the ball right

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and they always are now talking about

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well the analytics say you should do

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this so so what you're talking about is

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maybe even going deeper and having AI

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bring out the pattern to that physician

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or or whatever and say the percentages

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the analytics say hey you need to check

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a b and c because this is really what

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we're seeing and clearly it might not be

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the right answer the the coach has the

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opportunity to say no we're going to go

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for it you know the physician will make

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their own call but having the extra data

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there doesn't hurt it's up to the

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physician if they want to use it or not

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so it's another tool adding a more

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insight to the situation and so here's

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the thing too so you know some people

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think I think with this new AI they

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think that they're going to be able to

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hit a button and you know sit on the

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beach and it's going to do everything

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for them right but what I'm what I'm

play15:00

drawing at here and understanding is

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it's it's going to be another tool to

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add to the Arsenal to maybe

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supercharge your ability to to maybe

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think and analyze and be creative

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right totally and and it will just help

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level yourself up think about all the

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things that are your that are your

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weaknesses and imagine AI helping with

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them doesn't mean you're going to be the

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top 1% for all those things noow but

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you'll be better off than where you were

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before right right well you can you can

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get downtown a lot of ways right you can

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walk you can ride a bike you can ride an

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electric bike you can ride a motorcycle

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you can drive or maybe the helicopter

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can get you down there there they're all

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going to get you downtown one way is

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gonna do it faster than another

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right so okay well that's well that's

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it's exciting time I mean are you

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excited about this the the world and

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where we are now with this I I can't

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wait for 5 10 years from now when it

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really gets

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Advance well I think you know 22 years

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in you know the web and marketing and

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seeing the the the experience in it it I

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mean there was never a slow ride right I

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mean it's always like something is fast

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and then it's getting faster and the

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pace of change it seems like it's

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accelerating it's getting faster and

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faster it's not even getting you know

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it's not even steady I I believe it's

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going crazier and crazier in an upward

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trajectory but that creates opportunity

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right yes

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I mean who I I I honestly believe that

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AI is going to get rid of a lot of the

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dumb menial things that maybe we do now

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so we have more time and energy to focus

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on the higher level things right like

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the relationships and the and the

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thinking part and whatnot like why do

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you need a loan uh processor I don't

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know what their exact name is for the

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mortgage like a risk or credit why can't

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they just log into the bank account and

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do the analysis themselves and be like

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approved disapproved here's what's wrong

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or not even approved or disapproved

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this one's fine this one has issues uh

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question about X Y and Z if it's because

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of this it's pass if it's not then

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question about a b and c you know what I

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mean um it can just speed things up you

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know robots already flipping

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burgers there's nothing new about that

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there's even uh robotics companies that

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mol like again there's nothing new about

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that where you're going to start seeing

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it is you're going to start seeing a lot

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of the white collar

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jobs uh

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like what give me an example that you

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think marketing design engineering you

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know it security like a lot of these

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thing sectors will have more AI

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implemented management consulting like

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you know it'll impact most Industries I

play17:46

can see management consulting for sure I

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mean if you as you as as AI develops and

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particularly in an industry specific

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knowledge um you have questions if

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you're a CEO or a CTO or something

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you're like okay I'm back to your

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ideation thing right and just saying hey

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okay this is what I'm considering you

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know what are the pitfalls what's around

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the corner what I don't see what are the

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patterns and to try to maybe Identify

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some of those blue ocean opportunities

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that are out there right in that famous

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book outside you know we're not swimming

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in the Sharks where it's you know

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everything is you know red ocean blood

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in the water um which is an exciting

play18:22

place to be I think so so basically the

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upside the takeaway here is Neil from

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you is this is something to be embraced

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and excited about right yes not nervous

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about be excited about it let the

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lawmakers and let them figure out all

play18:38

the legal aspects that's for us not to

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worry about um but use it for what you

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can if you don't your competition is and

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they're going to start taking your

play18:46

market

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share well there you go there you go

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well U just kind of wind it down here I

play18:52

I appreciate your time tell tell me one

play18:54

one thing here what do you do outside of

play18:57

like Ai and Technology but how do you

play19:00

personally stay on the Forefront of of

play19:04

your own personal development and

play19:05

success obviously you're leading

play19:07

businesses and you're leading companies

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and you have to you have to sharpen your

play19:11

your acts right how do you do that what

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what are your some of your habits and

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and kind of go-to strategies a lot of it

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comes out to just reading uh reading you

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know relevant articles or news or

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anything like that um on top of that it

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is in addition to reading is going to

play19:30

events um and then experimentation those

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are the three ways I stay on top of

play19:34

things okay so you read you associate

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you go to events and then you you're and

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then you apply right and then you

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feedback so it's always a feedback loop

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right yep a good marketer or good

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engineer is going to have a feedback

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right you got to have a result feeding

play19:48

back in to make sure you can make

play19:49

adjustments along the way sometimes

play19:51

results are great and sometimes they

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suck but you got to learn from them and

play19:54

adjust I think Tony Robin says it's just

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a result you know

play19:59

whether you fail whether you succeed

play20:00

it's it's just Fe it's a result and so

play20:02

if you succeed do more of it if you fail

play20:04

then do less of it and change something

play20:06

right exactly awesome well look um wind

play20:11

it down here uh is there anything else

play20:12

that you want to add about that or uh

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what you're focused on today and um and

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how you know how we can add value to you

play20:20

with with our our listeners and our

play20:22

clients you know again people that are

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they're business owners they're building

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local practices they're growing their

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companies how can how can we be of value

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to you how can you serve them sure well

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if you guys ever want more information I

play20:35

blog at Neil patel.com my social handles

play20:37

are Neil Patel and I have an ad agency

play20:39

called NP digital stands for my name

play20:42

Neil Patel digital um where we help

play20:44

companies with their marketing even

play20:46

local Mom and Pop Shop so however we can

play20:49

help beautiful so they can just reach

play20:51

out to you there directly exactly

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awesome well Neil look I really

play20:56

appreciate your uh your time today this

play20:58

has been a lot of fun and and talking to

play21:00

a to a guy of your internet Fame and

play21:03

status is great so every day we get a

play21:05

super Rockstar on our show so excited

play21:07

about that I'm honored to be on thank

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you guys for having me hey gang just

play21:11

winding down here today thanks for

play21:12

listening to the show and as always if

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you need Capital to grow your business

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you're looking to purchase commercial

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real estate or or build build a building

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or invest in commercial real estate or

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you're looking to to acquire a business

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or or a competitor or just need growth

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Capital we'd love to talk to you we fund

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businesses all day long our mission is

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to help entrepreneurs win and to fund

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their businesses and fund their dreams

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so that they can make an impact in their

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Community reach out to me today go to

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our website click the button to schedule

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a 20-minute conversation Discovery call

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we'll have a quick conversation see if

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there's a need see if there's a fit and

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uh we can take it from there the website

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is

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VPC Victor Paul charlie. Capital that's

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V

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pc. Capital all right there's no doom on

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that it's VPC doc Capital as always keep

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crushing it and hope to see you soon

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around here take care

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