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HBR IdeaCast cover image

A Roadmap for Today’s Entrepreneurs

HBR IdeaCast

NOTE

Continuous Entrepreneurial Process and AI Assistant Enhancements

Entrepreneurship is an ongoing process involving understanding customers, product acquisition, profitability, and scalability. To simplify this process, a new tool called Tim the Beaver, an AI entrepreneurship assistant, has been developed. It utilizes AI technology to ask critical questions and guide entrepreneurs through key steps such as identifying potential customers and markets, reducing customer acquisition costs, and enhancing customer value. By leveraging tools like social media for customer acquisition and retention, the aim is to streamline the venture creation process by up to 90%, making market research more efficient and allowing quick validation of business ideas.

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