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My First Million

#124 - From Fantasy Stock Betting to Milk Bombs: Generating Ideas with Elaine Zelby

My First Million

Hubspot

Entrepreneurship, Investing, Business

4.82.7K Ratings

🗓️ 30 October 2020

⏱️ 61 minutes

🧾️ Download transcript

Summary

Shaan Puri (@ShaanVP) hosts the pod solo with special guest Elaine Zelby (@ezelby). Elaine has a background in mechanical engineering but also worked at Slack and is now part of a VC group. On today’s episode you’ll hear: Elaine gives her background and how she came into the VC space (1:45), Elaine breaks down a new twist on cowering. Something she calls “Coworking 2.0” (3:35), Shaan pitches a new way to use nightclubs during their ofttimes (9:20), Elaine has a fresh take on credit cards for fans (12:20), Elaine explains why she is bullish on continuous cortisol monitoring (20:35), Elaine and Shaan brainstorm a fun take on “stock betting” (26:20), Elaine and Shaan go really deep on functional milks (32:50), How to automate re-zoning and permitting for real estate (40:14), Shaan breaks down a recent pitch he received of app-dating with only audio (47:40). Thank you to our partners this episode: Podium! Podium is an all-in-one SaaS tool that helps your business get reviews. Go to podium.com/mfm for 20% off and a $150 Amazon gift card. Have you 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

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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