Most small businesses fail from cash problems that trace back to too few leads. AI's biggest business impact is generating and converting leads, especially for companies under $3M in annual revenue across trades, medical, coaching, and consulting.
I think one of the best places in business where AI is having the biggest impact is in generating, nurturing and converting leads. And if you look at why most businesses in the western world go out of business, it's because they don't have enough cash. They don't have enough cash because they don't have enough sales and they don't have enough sales because they don't have enough leads. I mean some really small percentage of people never make it past 3 million a year. And if you're making $3 million a year or less per year and like in revenue, then your main problem, more than likely your biggest constraint is probably leads. You're just like in obscurity and you don't know enough. Enough people don't know you and your offer or your business. That doesn't matter if you're a roofer or a plastic surgeon or a coach or consultant or a mastermind owner, whatever you're selling. Right? That's the big issue is how do you get leads?
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