Millionaire University

The AI Hack That Helps You Buy a Business in 2025 | Nik Hulewsky

Apr 24, 2025
Nik Hulewsky, a serial entrepreneur and host of the Nickonomics podcast, discusses how AI can revolutionize business acquisitions. He reveals practical ways to use AI for evaluating businesses and negotiating deals. The conversation explores AI as a personal business coach, enhancing communication and reducing costs in the acquisition process. Nik emphasizes the importance of choosing the right AI tools and training them for tailored insights. Listeners learn how embracing AI early can provide a competitive edge in today's market.
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ANECDOTE

Silicon Manufacturer's AI Savings

  • A silicon manufacturer used a chatbot trained as a chemist expert to cut consultant costs.
  • This chatbot helped identify simple problems, saving about half a million dollars annually.
ADVICE

Choose and Use One AI Tool

  • Pick one AI platform and start using it to replace most Google searches except local info.
  • Choose a tool like ChatGPT and experiment to synthesize information faster and smarter.
ADVICE

Personalize and Record Inputs

  • Upload personal data like your resume or LinkedIn to AI for tailored business advice.
  • Record and upload meetings with brokers or sellers to AI for summaries and actionable insights.
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