Everyone knows that AI is going to be an increasing factor in business success and business growth, and it’s essential that entrepreneurs are aware of the technology’s limitations as well as its potential. In this episode, business coaches Dan Sullivan and Shannon Waller speak with special guest, AI expert Evan Ryan, about what’s holding back the productive application of AI and what you can do instead to best take advantage of AI in your organization.

Here’s some of what you’ll learn in this episode:

How to use AI, an intangible, to achieve measurable goals.
Where Evan has seen the most success in companies’ use of AI.
The first question every executive asks Evan.
Ways of thinking that make AI more accessible.
Why many people are hesitating to adopt AI in their businesses.
Examples of where hesitation to use AI has prevented business growth.
Entrepreneur ideas supporting making the change to AI.
How to convince people to take a big leap using AI.
The way AI disrupts established thinking about budgets.
Why the successful use of AI requires a growth mindset.

Show Notes:

No matter how fast the technology itself moves, it's as slow as the humans that are adopting it.

If a solution works for one person, you know 50% of what it would take to work for 10 people.

Humans don't naturally think in terms of exponentials because nothing in our world really operates exponentially.

If you experience sudden growth, and it’s behind you, you can do your own exponentials going forward.

If you don't know where the leadership is, you don't know where the rest of the organization is.

It's hard for people to grasp intangibles unless they're conceptually prone, so you need tangible proof of selling an intangible.

If software is magic, AI is magic times a million.

Something that’s inherently unclear and inherently vague is inherently a little scary.

Technology doesn't become normal until it becomes boring.

We have to normalize our way into the future. And that means that you have to start small and get used to it.

San Francisco, Silicon Valley, and the media talk about AI like it's the end times.

A lot of what goes on in Silicon Valley is getting people to bet on the bet. They're not actually betting on the technology.

One new capability always introduces new capabilities. That's a feature of technology.

The problems we want to solve are the same. We just keep getting better technology with which to solve them.

To grasp future jumps, people need to grasp past jumps.

Technology is automated teamwork.

AI won't necessarily replace people, but people who know AI will replace people who don't.

Resources:

AI As Your Teammate by Evan Ryan

TeammateAI.com

The Gap And The Gain by Dan Sullivan and Dr. Benjamin Hardy

Your Life As A Strategy Circle by Dan Sullivan

ChatGPT

Perplexity.ai

Unique Ability^®

Who Not How by Dan Sullivan and Dr. Benjamin Hardy

The Self-Managing Company by Dan Sullivan

Article about The Experience Transformer^®: “Transforming Experiences Into Multipliers”

Article: “What Free Days Are, And How To Know When You Need Them”

Deep D.O.S. Innovation by Dan Sullivan

When you just can’t figure out your ”Why” | PharmXcel