The article outlines five ways to start a business with no money by leveraging AI chatbot, ChatGPT. It suggests that all that’s needed is an internet connection, enthusiasm, and a unique value proposition people are willing to pay for.
One of the first prompts that can be used is to start conversations with strangers, especially successful entrepreneurs. The objective is to learn about their journey, gain referrals, and build networks. The article suggests crafting a networking strategy and conversation starters to connect with potential mentors or business contacts.
The next step is to identify the ideal customer who is likely to be interested in the product or service being offered. This involves understanding the target customer’s job, industry, age range, and their problems. By doing so, a business can tailor their offerings to meet the needs of this specific group.
The next advice is to prevent product failure by reversing the traditional business approach. Instead of creating a product and then looking for customers, the more successful approach is to talk to potential customers first. Understanding their frustrations and needs can help a business create a product or service that directly addresses these issues, thereby increasing the chances of business success. This involves listening to potential customers, understanding their complaints and using these as the basis of a