- Prompt Entrepreneur by Kyle Balmer
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- Prompt Playbook: Building an AI Power Team PART 1
Prompt Playbook: Building an AI Power Team PART 1
Prompt Playbook: Building an AI Power Team
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Hey Prompt Entrepreneur,
Letās be brutally honest.
A lot of what I teach here in the newsletter is dumb and obvious.
Itās stuff that when reading through people might think āwell yeah no shit Sherlock. Of course I can get AI to do that for meā¦duhā.
And thatās entirely true! Anyone can. AI is that good.
What is harder though is coming up with the initial use cases for AI.
Itās the skill of having a problem in business and immediately knowing the solution is āletās get AI to help hereā.
Thatās the skill I want to impart on everyone.
Not the specific prompt, but the skill of using AI to solve problems.
Whether itās in the newsletter, my videos, consult calls or my workshops this is my aim.
If you start to turn to AI first when solving a business problem then Iāve done my job.
This week is all about that. Giving you a power team of AI experts you can call upon.
Weāll cover:
Part 1: Expertise at our fingertips
Part 2: Legal back and forth
Part 3: Financial scenarios
Part 4: Marketing water cooler
Part 5: Technical show me the problem
Letās get started:
Expertise at our fingertips
Summary
Expertise at our finger tips
drowning in complexity
control complexity with expertise
building your power team
due diligence
Starting and running a business is complex.
Beyond the idea itself you need to be able to juggle value delivery, operations, marketing, sales, IT/tech, finance, accounting, bookkeeping, legal matters and much more.
Itās this stuff that makes it hard to build a grow a business.
As an entrepreneur youāre wearing so many hats and spinning so many plates that itās easy to get overwhelmed.
Because no one person can be an expert in all these madly diverse fieldsā¦.
ā¦the idea and value gets buried under everything else.
Team of Experts
Itās for this reason we bring in external expertise.
This could be by hiring someone for a job. This could be by bringing in equity partners.
Or it could be by paying someone for their expertise.
For instance most businesses pay for a bookkeeper and an accountant yearly to manage those aspects of the business.
Or you could pay for consultants, mentors and coaches on a hourly or retainer basis so you can tap into their experience as needed.
I highly recommend you hire experts like this for certain jobs. Itāll accelerate your business by letting you focus on what you do best.
Butā¦we donāt necessarily all have the funds to do this. Especially early in our business.
For instance to get a contract drafted by a lawyer might end up costing you more than youāve paid yourself in 6 months. Unless you have external funding (and even if you do..) this is not ideal!
For this reason Iām covering how to build a power team using AI this week.
Whoās in the power team?
A power team is basically a set of professions or role that work really well together.
In real estate for example itāll be your mortgage broker, builder, surveyor, tax specialist, realtor, property sourcer etc.
Your exact team will depend on your industry. But there are consistent expert roles:
legal (solicitor/lawyer)
financial advisor
marketing
IT/tech
This week Iāll be covering these roles one at a time and showing you how to use AI to have your own free expert in each role.
Iāll also cover four methods for using AI to get expert advise that you can trust. Specifically:
using iterative prompt chains to secure quality of advice
scenario analysis
informal advisory chats
visual diagnosis of problems
The aim here being to give you a team of expert (and multiple ways to work with them) for a fraction of the price of hiring.
Disclaimer, sorta
Got to have this bit right. Hell, ChatGPT told me I should. So, following my own advice here it is!
Weāre going to be using AI in each case to inform and prepare first drafts of legal documentation, financial analyses, marketing plans and tech recommendations.
If you are making a big (and expensive) decision based off this advice you need to do your due diligence. Hell, youād do this with human advice too I hope.
Iām going to be showing you (in the next Part) how to vastly increase the quality of your outputs. But still, important work like this needs checking.
For example if we put together a contract with AI (Iāll show you how to do this very successfully) we can still take it to a lawyer to have them āsign it offā as good.
One hour of a lawyerās time to punch holes and make changes to an already written contract costs a tiny fraction of what you would pay if you had a lawyer prepare a contract from scratch.
You get the same results for 1/20th of the cost because we did pre-production to get us 95% of the way there.
Sounds good?
Letās get started in the next Part.
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Keep prompting,
Kyle
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