eCommerce Fuel
March State of Play - What to Do with a Declining Business, Writing Custom Software with AI & When You Tire of Being the Boss
Mar 7, 2025
Join Bill D’Alessandro, co-host of Acquisitions Anonymous and CEO of The Natural Dog Company, as he dives into the evolving eCommerce landscape. Discover how AI is revolutionizing inventory management and learn about seasonal business dynamics that affect sales. Bill discusses the emotional challenges of leadership, the importance of vulnerability among entrepreneurs, and strategies for navigating a declining business. The conversation also touches on unique business models and the transformative role of consulting expertise in today’s market.
46:11
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Quick takeaways
- Creating custom software solutions, like AI-based inventory tools, can enhance operational efficiency and reduce costs for entrepreneurs.
- Embracing vulnerability by sharing struggles in entrepreneurship fosters community support and collaborative problem-solving among business owners.
Deep dives
The Importance of Custom Solutions
One significant topic discussed involves the value of creating custom software solutions for inventory management. A store owner shared how he developed an AI-based inventory planning tool after finding existing expensive SaaS solutions lacking in functionality. By dedicating around 150 hours to learning new AI tools, he was able to build a tailored system that not only met his business needs but also saved significant costs in subscription fees. This example highlights the potential for entrepreneurs to leverage technological advancements to enhance operational efficiency and reduce expenses.
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