Nikonomics - The Economics of Small Business
149 - How to Build a Business with AI Image Technology with Chris Koerner
Apr 11, 2025
Chris Koerner, a savvy business partner of Nik Hulewsky, dives into the cutting-edge world of AI image generation and its impact on entrepreneurship. He shares intriguing examples of AI's capabilities and brainstorms exciting business ideas that leverage this technology. The discussion also tackles the importance of competitive advantage and the journey of transforming passions into profitable ventures. Expect insights on rucking's rise as a niche opportunity and whether it’s better to jump into business or learn through experience!
38:54
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Quick takeaways
- The emergence of advanced AI image generation technologies allows entrepreneurs to innovate and create new businesses that disrupt traditional industries.
- Finding a unique competitive advantage by analyzing personal strengths and hands-on experience is crucial for aspiring entrepreneurs in a rapidly evolving market.
Deep dives
Exploring New Business Opportunities in Image Generation
The discussion revolves around the potential for new businesses that can be built using advanced image generation capabilities. There is an emphasis on the emergence of a new class of products and applications that can act as interfaces or 'wrappers' for these technologies, particularly related to ChatGPT. Entrepreneurs are encouraged to experiment and pursue side hustles to discover which ideas resonate most with users, leveraging the momentum created by the rapid advancement of AI tools. The accessibility of image generation has opened the door for countless innovations that can disrupt traditional industries.
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