In this edition, I’m thrilled to share the latest advancements in AI that are shaping our world:
- OpenAI’s Custom GPT: A milestone for AI enthusiasts! OpenAI’s custom GPTs are nearly fully accessible to Plus and Enterprise customers. Now, you have the power to create your own AI models. Check out OpenAI’s site for more.
- Amazon’s Bold Move in AI: Amazon is stepping up its game with “Olympus,” a rival to ChatGPT. This leap signifies a major shift in AI’s role in consumer tech, backed by Amazon’s vast data resources.
Maximizing Profits: A Simple Yet Powerful Approach
Remember our discussion on doubling profits? It’s simpler than you think:
- Incremental price increases.
- Modest cuts in expenses.
As Nietzsche wisely pointed out, understanding truth is a strength. In business, this truth is accounting. While it might seem dull, mastering these five key financial figures can revolutionize your business strategy:
- Income or Sales.
- Cost of Goods Sold (COGS).
- Gross Profit (GP).
- Operating Expenses (OpEx).
- Net Profit.
You don’t need an accounting degree, just an understanding of these basics to navigate your business’s financial landscape.
Harnessing Energy for Peak Performance
In my Panta Rhei (Everything Flows) System, managing different forms of energy is crucial for success:
Understanding and balancing these energy forms is key to peak performance, and I’ll be delving deeper into this in the near future.
Stay tuned for more insights and strategies to navigate the ever-evolving business landscape and feel free to share your thoughts and experiences.