Nikonomics - The Economics of Small Business
127 - I Built a $250K Tool in 90 Minutes (NO CODING!) with Chris Koerner
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Join me, Nik (https://x.com/CoFoundersNik), and my business partner Chris Koerner (https://x.com/mhp_guy) as we dive into AI app builders and explore lessons learned from a billionaire. Chris shares his plan to test AI-enabled app builders like Cursor and Replit to create a calorie counter app, aiming to identify the most efficient platform. He also recounts building a tool with Replete that analyzes vast financial data, potentially boosting a company's value significantly. Lastly, Chris reflects on insights gained from spending time with a Texas billionaire, focusing on his unique office setup and long-term strategic thinking.
Questions This Episode Answers:
- What is the potential value of using AI to analyze large financial datasets?
- How can documenting current business processes prepare you for integrating AI agents?
- What management and decision-making insights can be gained from observing successful leaders?
- How can content creation and sharing lead to unexpected opportunities and collaborations?
Links and Resources:
Share your ideas with us:
- Nik@cofounders.com
- Chris@cofounders.com
Enjoy the conversation!
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This week we covered:
00:00 Introduction to Operator Usage
01:27 Experimenting with Multiple AI Tools
04:44 Preparing for AI Agents
08:04 Building a High-Value AI Tool
14:29 Insights from a Billionaire
17:51 The Shared Office Dynamic
18:32 Overqualified Team Members
19:11 Engaging and Direct Leadership
20:23 First Impressions and Office Culture
22:45 Action-Oriented Decision Making
24:09 Open Communication and Transparency
28:41 Long-Term Vision and Thinking
30:14 Validating Through Thought Processes
33:42 Encouraging Action and Sharing
33:44 Different Paths to Success
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