Metagrove Ventures’ Post

Artificial intelligence (AI) tools have become a game changer in various industries, and they are also proving incredibly useful for retirees looking to start consulting or a small business venture. These tools can simplify tasks, streamline processes, and help retirees navigate the world of entrepreneurship more efficiently. See how AI can impact retiree entrepreneurship: #financialplanning #financinalplanner #financialplanningtips #financialfreedom #financialadvisor #financialinclusion #wealthmanagement

Will AI replace bookkeepers? Here’s what we think. While AI and automation have made many tasks easier and more efficient for bookkeepers and accountants, it is unlikely that they will be completely replaced by machines. Here’s why: Human interpretation is needed for decision making You need a personalised service provided by a real human The accounting industry requires a high level of trust and security AI and automation can only perform tasks that have been programmed into them This month’s blog is all about AI and the future of bookkeeping. Head over to our website to find out more. #startup #smallbusinessuk #entrepreneurship #manchesterlife #localbusiness #businesstips #didsbury #chorlton #manchester #businessowner #bookkeeping #smallbusinessadvice #constructionuk #selfemployed #smallbusiness

"In today’s fast-paced business landscape, one universal truth stands out for entrepreneurs and small business owners alike: technology is not just a luxury — it’s an imperative for growth and survival." #automation #technology #businessstrategy #aI #business

🚀 Your Next Steps Towards Entrepreneurial Stardom: Discover how Tappstr transforms your raw ideas into gold. Input your vision and watch as AI weaves market insights with strategy, providing you with a tailored plan that speaks directly to your niche market in real-time. Read the article to learn more about the Tappstr Business Plan Generator AI tool: Get Your 50 Welcome Credit: https://tappstr.com

AI tools are revolutionizing retiree entrepreneurship by providing innovative solutions and opportunities. From intelligent chatbots to data analytics, these tools empower retirees to stay competitive, make informed decisions, and explore new ventures in the evolving landscape of entrepreneurship during retirement. This quick read outlines opportunities and benefits of AI in business. #AItools #entrepreneurship #financialadvisor #CayucosWealth https://lnkd.in/eCxyhdpu

"Small businesses face a significant challenge in today's digital landscape - competing against larger, well-resourced enterprises. However, the solution may lie in embracing Artificial Intelligence, a technology that can revolutionize how small businesses function and compete." Read "How Small Businesses And Entrepreneurs Can Benefit From AI" at https://bit.ly/3Rt5fsY. #AI #Entrepreneurship #SmallBusiness #AITools #BEA #BellinghamNetworking

GenAI truly can be an accelerator and partner for entrepreneurs in all walks of life. While I spend much of my professional life dedicated to the customers at GoDaddy I also find time to be an entrepreneur helping run a number of business with my wife ranging from vintage luxury fashion, fitness, real estate, and fintech. AI technology has been of great assistance with a number of tasks ranging from the every day deluge of emails to be reviewed, authoring marketing materials for new business ideas, and the analysis of new market potentials. I am no AI expert even though I work in tech. I'm an AI consumer finding ways to use the tech in my day to day entrepreneurial life as a time saver and 'Me' multiplier. The areas I use AI for save me hours a week and become tremendously helpful when I have a bit of writer's block, want a second opinion on a better way to position an idea, or just to double check and validate the mathematics around something is sound. Find ways to use it in your enterprise and I would be surprised if you said it did not help you save time or become more efficient running your business.

💡 Curious about how AI is changing the game in finance and accounting? Let's fast forward to the future of bookkeeping… oh, hey 2023, we seem to be here already! In today’s world, AI assists us through so many softwares and AI will change bookkeeping too. Here’s why we love it. In a world where AI is our assistant, we have more time to provide a personalised service to you - meaning we can help with your unique business challenges. The human element of bookkeeping is irreplaceable. How about in your industry? What will AI do for you? #startup #smallbusinessuk #entrepreneurship #manchesterlife #localbusiness #businesstips #didsbury #chorlton #manchester #businessowner #bookkeeping #smallbusinessadvice #selfemployed #smallbusiness #AI

In the rapidly evolving landscape of entrepreneurship and start-ups, making informed decisions about evaluating, analysing, and setting the value of a business is crucial. Traditional methods of evaluations are prone to human bias, hence, are increasingly obsolete.

Startups and Small Businesses should ignore most Pricing Advice. Most pricing advice is aimed at companies turning over $1m and above. But it's more like $10m-$25m+, to be honest. Note: the advice is not wrong. Usually, it's very good. But it's just too sexy for an early startup or small business. You can't be data driven if you don't have enough data! Data means tens of thousands of transactions and touches, not a few hundred. In reality, Startups and Small Businesses have very few pricing options. That's why subscriptions are so popular. And, yes, we all know that they're sub-par. And that they kick the value conversation down the road. But what's the alternative? Unfortunately for Ai Startups, this can has been crushed and can't be kicked much more. The high cost of computing drives lower gross margins. This means one of two things: 1. Lower net profits...yeah I said it, the profit word! Or 2. Increased Prices Higher prices mean justifying higher value! This is possible. But, the product solution must be re-framed. In simple terms, a product for business solves a: 1. Revenue Problem, Or 2. Cost Problem This is a simpler to understand ask. When selling to smaller businesses...Proof will win out. Prove your product solves one of these problems, and you're in. For larger customers, the sale is more career conscious than cost conscious. Thus, Risk is the number one concern. Taking risk off the table will add the most value-based approach. Either way, value based will be the new pricing model that most Ai startups will have to learn! #monetization #pricing #valuebased