The EntreLeadership Podcast
I’m Scared This Technology Will End My Business
Apr 7, 2025
Ken Coleman, a bestselling author and Ramsey personality, shares insights on the fears of business owners grappling with technology's impact. He discusses a family business coping with loss and the complexities of leadership transitions. The conversation touches on the importance of self-awareness and fostering team ownership. Coleman emphasizes adapting to AI's rapid evolution and balancing personal values in business ethics. Listeners will find valuable strategies for empowering teams through problem-solving and cultivating a culture of autonomy.
49:07
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Quick takeaways
- Adapting to technological advancements in the automotive industry requires businesses to analyze data trends rather than solely blaming technology for revenue declines.
- Fostering employee ownership through problem-solving responsibilities is essential for cultivating a self-sufficient team and enhancing overall organizational trust and culture.
Deep dives
Navigating Industry Changes in Auto Collision Repair
Adapting to advancements in automotive technology poses significant challenges for businesses in the collision repair industry. One caller expressed concerns about the increasing presence of collision avoidance features in vehicles, which could lead to diminished demand for auto repairs. The discussion highlighted that while business had flourished in previous years, a sudden decline in revenue raised questions about the potential impacts of new technology. The host emphasized the need to analyze actual data trends rather than attributing immediate drops in business solely to technological advancements, suggesting that there may be other economic factors at play.
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