The ChatGPT Experiment - Simplifying Chat GPT For Curious Beginners

Ep 74: Thinking of Starting a Business? ChatGPT Can Help

Jun 17, 2025
Discover how aspiring entrepreneurs can leverage ChatGPT as their strategic partner in launching successful businesses. Learn five effective strategies including conducting market research and developing business plans. Cary emphasizes the importance of empathy in crafting marketing messages and job descriptions. He shares practical advice on pricing and tax considerations for startups. Reflecting on real-world examples, this session is a treasure trove of actionable insights for anyone looking to start or grow a business.
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ADVICE

Use ChatGPT for Industry Research

  • Use ChatGPT to research industry trends and ask it questions to refine understanding.
  • Provide context like location and goals to get tailored and insightful information.
ADVICE

Build Business Plans via Role-Playing

  • Role-play with ChatGPT by assigning it personas like a business advisor.
  • Ask it to map out equipment, expenses, and budgeting to build a smart business plan.
ADVICE

Practice Funding Pitches with ChatGPT

  • Practice business funding pitches by role-playing with ChatGPT as a lender.
  • Be honest about your experience and nervousness to get realistic preparation.
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