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My First Million

#119 with Josh Elman - How To Get The Benefits of Entrepreneurship Without Starting a Company

My First Million

Hubspot

Entrepreneurship, Investing, Business

4.82.7K Ratings

🗓️ 14 October 2020

⏱️ 56 minutes

🧾️ Download transcript

Summary

Sam Parr (@theSamParr) and Shaan Puri (@ShaanVP) are joined by Josh Elman (@joshelman) on the pod today. Elman is a veteran of LinkedIn, Twitter, Facebook, and Robinhood to name a few. This guy knows Silicon Valley and growth better than anyone else. In today’s episode you’ll hear: Shaan asks Josh to give his background (1:00), Sam asks if it’s better to start your own thing or climb your way up in a tech startup (8:25), Elman answers the question “what technology or company has that 10x or 100x potential in the next few years (9:15), Josh explains the “meta-verse” or “the third place” and how AI will lead the way there (18:15), how the TV show Black Mirror has influenced tech (24:55), Elman unpacks his time at Stanford and the power of being around intelligent people and gives some stories on his early days at Unicorn companies (31:00), Sam puts Josh on the spot and asks him how he can 10x his own business (47:35), This episode we are partnering with Square! Square makes it easy for your business to accept payment, and so much more! Check out this week's sponsor at square.com/go/hustle! Joined our private FB group yet? It's a page where people share each others million dollar ideas or what they're already working on: https://www.facebook.com/groups/ourfirstmillion. See acast.com/privacy for privacy and opt-out information.

Transcript

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0:00.0

All right, let's take a second to talk about our sponsor today, HubSpot.

0:04.0

They have two new AI tools that are pretty cool I want to tell you about.

0:06.5

So the first one is Content Assistant.

0:09.1

So we know that Content's key for driving revenue because you write content, you get traffic,

0:14.7

the traffic turns into leads, the leads turn into revenue.

0:17.0

But not everybody's great at doing content.

0:19.3

And so the content assistant is basically an AI based tool that will help you come up

0:24.3

with blog post ideas or even draft the blog post or an outline for it.

0:28.9

And you can use it to write the copy that you need for your website, your landing page,

0:31.9

your prospecting emails, whatever you need to write content, this can do it for you.

0:35.6

It's built on top of OpenAI's GPT model.

0:38.5

And the differentiator is that it's an all-in-one AI power tool that's designed to help you

0:42.3

get more done, save your time, and help you grow your business faster.

0:45.9

So that's the first one.

0:46.9

The second one is ChatSpot.

0:48.4

So ChatSpot, think of that like a Chatbot that you can talk to, just ask your questions,

0:52.8

like, hey, what's our web traffic or revenue?

0:54.7

Or, hey, is there anybody in our CRM that fits this criteria?

0:57.8

And it'll just pull it up.

0:59.2

Or you can ask it to do things like, hey, draft a email follow up to this prospect.

1:03.8

So ChatSpot has got your back.

1:05.6

Think of it like an intelligent assistant.

...

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