My First Million

#208 with Steph Smith - Why You Need a Chief Automation Officer

19 snips
Aug 11, 2021
Steph Smith, a Contributor to The Hustle known for her sharp business insights on Twitter, joins the conversation to explore the crucial role of a Chief Automation Officer. She discusses innovative strategies for utilizing Flexible Spending Accounts and how automation can revolutionize company operations. Topics also include unique marketing tactics like giving away free alcohol to attract customers and her new course focused on efficient business practices. There's even a nod to Fidelity's initiative for allowing teenagers to trade, highlighting the changing financial landscape.
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ADVICE

FSA Subscription Box

  • Start an FSA subscription box business.
  • Offer curated health products and spend users' expiring FSA funds.
INSIGHT

Better Swag

  • Companies undervalue good swag as a marketing tool.
  • High-quality, memorable swag can leave a lasting impression, especially on VIPs.
ADVICE

Chief Automation Officer

  • Companies should have a Chief Automation Officer.
  • This role focuses on optimizing internal processes and finding automation opportunities.
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