Maximizing Business Potential

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Success in entrepreneurship is not only about aiming for massive growth over many years, but also about recognizing the value and benefits of running a 'lifestyle business'. It is important to understand that various types of businesses are valid, and starting small can lead to significant success. Leveraging internet distribution and powerful models can be the new equivalent of drop shipping, offering opportunities for substantial growth and financial success.

Episode 612: Sam Parr ( https://twitter.com/theSamParr ) and Shaan Puri ( https://twitter.com/ShaanVP ) talk to Sarah Guo ( https://x.com/saranormous ) about the Ai ideas she thinks could be $1B swings.

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Show Notes:

(0:00) Intro

(4:00) IDEA: AI companions

(16:00) IDEA: AI interior design / professional headshots

(22:30) IDEA: A richer version of The Sims

(25:00) The speedy way to do this if you're non-technical

(27:00) IDEA: Your Personal Seller

(32:00) IDEA: Generative Voice API for service providers, SMBs, restaurants

(38:00) IDEA: Next Gen Auto-Fill

(40:00) Software 3.0--what's coming

(42:00) Boring verticals fertile for AI: Legal and medical

(44:00) Ask: What's already being outsourced?

(47:00) Ripe for disruption: energy storage, chips,

(49:00) “Ai's $600B Question”

(52:00) Sarah Reacts: Doomsday scenarios in Ai

(56:30) If you're 22, hungry and optimistic, go west

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Links:

• Sarah Guo - https://sarahguo.com/

• Conviction - https://www.conviction.com/

• No Priors Podcast - https://www.youtube.com/@NoPriorsPodcast

• Replika - https://replika.com/

• Character.ai - https://character.ai/

• HeyGen - https://www.heygen.com/

• Icon - https://icon.me/

• Arcads - https://www.arcads.ai/

• Interior AI - https://interiorai.com/

• Aragon - https://aragon.ai/

• Chatbot App - https://chatbotapp.ai/

• Cartesia - https://cartesia.ai/

• Somewhere - https://www.somewhere.com/

• AI’s $600B Question - https://www.sequoiacap.com/article/ais-600b-question/

• Eureka Labs - https://eurekalabs.ai/

• Conviction Embed - https://embed.conviction.com/

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Check Out Shaan's Stuff:

Need to hire? You should use the same service Shaan uses to hire developers, designers, & Virtual Assistants → it’s called Shepherd (tell ‘em Shaan sent you): https://bit.ly/SupportShepherd

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Check Out Sam's Stuff:

• Hampton - https://www.joinhampton.com/

• Ideation Bootcamp - https://www.ideationbootcamp.co/

• Copy That - https://copythat.com

• Hampton Wealth Survey - https://joinhampton.com/wealth

• Sam’s List - http://samslist.co/

My First Million is a HubSpot Original Podcast // Brought to you by The HubSpot Podcast Network // Production by Arie Desormeaux // Editing by Ezra Bakker Trupiano