You became a small business owner because you wanted to be in control of your success, and you knew you could bring more value to others on your own as opposed to working within a company. This mindset has propelled your business’ growth, but with the rise of A.I and automation solutions, it may actually end up holding you and your business back. Employee and client expectations are changing, which means that what you’re offering them must change too – if you want to stay in the game. Here are two ways to leverage A.I. to grow your small business and how to go about it while maintaining the reputation you’ve worked hard to build.
Leverage A.I. to enhance employee engagement
The most common concern that I hear from business owners around utilizing A.I. is that implementing it will make their employees lazy. The truth us – if you believe that will happen, then your employees are already “lazy” and unprofitable to your business. A.I. has the power to eliminate the dead weight in your business so that you can focus on work that actually adds to the bottom line.
Engaging employees actually becomes easier with A.I. because it frees them of doing mundane tasks and allows them the time and freedom to take initiative on more strategic initiatives. Not only does this better utilize their skill sets and propel their careers, but it gives them more ownership over their roles, which is the ultimate driver of motivation at work.
A good first step to leverage A.I. for employee engagement is to identify tasks that are repetitive, time-consuming, and have a high potential for human error. Some examples include lead generation, data entry, payroll reporting, and other administrative or routine customer service duties. Think about how much time your employees are spending doing these types of tasks, and then reflect on whether or not they have the capability and the drive to be doing more. If so, then you’re doing both your business and your team a disservice by not finding a way to leverage A.I.
Use A.I. to improve profitability and scalability
Apart from making your employees more engaged and motivated, leveraging A.I. gives you access to tools that make decision-making more efficient and precise. The reason for this is because that is all A.I.’s job is. It doesn’t have the liability of a business looming over its head like you do, so it can focus all of its energy on doing one task perfectly.
The best example of this is using A.I. to brainstorm initiatives for client acquisition. A.I. is only as powerful as the information we feed it, but once it has good data, the possibilities are endless on what it can produce. By harnessing A.I. for data analysis, you can gain insights into customer behavior, market trends, and operational bottlenecks. These insights drive informed decision-making, allowing you to adapt strategies that you wouldn’t have considered otherwise that help you maximize your business’ profitability.
In addition to your internal processes, AI-powered tools like chatbots, personalized marketing, and recommendation engines can significantly improve your customer experience, driving loyalty and repeat business. By providing tailored interactions and swift responses, you can stand out in a market that is growing more and more crowded. Client expectations have changed drastically, which means you have to adapt your business to their lifestyle if you want to stay relevant and competitive.
Conclusion: Your business’ success is now dependent on your ability to adapt
The sobering truth is that A.I. is here to stay and will absolutely replace jobs, some of which may be roles that you hire for. While this may feel disorienting at first, it actually presents business owners like you with a unique opportunity to hone in on why you opened a business in the first place.
If you’re like most entrepreneurs, you had a vision to create something or offer a service that would bring real value to people and that highlights your unique skill set. A.I. will never take that away from you, if you don’t let it. If utilized with confidence and clarity, A.I. allows you to focus most of your time having an impact rather than doing the backend work that merely supports your dream. You just have to be ready and willing to let go of the old ways of doing things for the sake of your business’ long-term success.
“Where should I begin?”
If you’re ready to start implementing A.I. in your business but aren’t sure how, send me an email at [email protected] or click the button below to set up a call, and we’ll discuss how coaching can help you reach your goals.
Hi, I’m Anais – a Business & Leadership coach for service-based small business owners and leaders. I help business owners like you develop effective communication skills, dependable systems & processes, and a transparent team culture so you can reclaim the freedom and time you need to drive your business’ success. If you’re looking to go from merely surviving to THRIVING in your business, then let’s talk. Learn more about how we can work together here.