I’ve found myself in a bit of a dilemma lately and wanted to reach out to this community for advice. I currently run a couple of businesses that I’m deeply passionate about and have invested a significant amount of time and effort into. However, the ever-expanding world of AI and its vast opportunities have been a constant distraction for me.
It’s like the “grass is greener” syndrome in full swing. I love my current ventures, but the potential I see in AI is captivating. I find myself spending hours each day researching AI business models, planning new ventures, and exploring different ways I can monetize my knowledge on the subject. The problem is, this enthusiasm for AI is starting to encroach on the precious time I could be using to nurture and grow the businesses I already have.
I’m sure I’m not the only one who has faced this kind of internal struggle. How do you cope with the constant allure of new opportunities, especially when they’re as exciting as the possibilities within AI? How do you strike a balance between exploring new horizons and ensuring the success of your existing ventures?
I’d love to hear your experiences and any advice you might have on managing the “grass is greener” mentality. How do you stay focused on your current businesses while still keeping an eye on the potential in emerging fields like AI?
Remember how many businesses who built their concepts around AI are struggling. All the chatbot tools that basically got killed by new updates, the web browser extensions that got killed by GPT updates, etc.
AI as a part of your business makes perfect sense. AI as your business is a dangerous game to play. Most AI apps are built on OpenAI API’s right now, which isn’t inherently bad, but please remember Apollo with Reddit. Took one price hike to kill a multi-million user app in a matter of months.
Tons of businesses are adding AI to their offerings, and doing great because of it. Hubspot, Hootsuite, Figma, Framer and plenty more, but they are real fully sustained businesses using it for extra functionality, not building their businesses around it.
My business makes use of AI, but if AI died tomorrow because of corporate intervention, the whole thing would still work wonderfully.
Think of all the businesses built on Blockchain and NFT tech that aren’t around anymore because the hype died and the market decided they were worthless. Do I think that’s going to happen to AI? No, but I don’t think AI should be seen as this mystical thing we should run towards.
AI is the gold rush in the old west. Plenty of money to be made, but the most successful people are selling shovels.