GPT-4o Tools Every Entrepreneur Must Know

Bryan McAnulty
31 May 202408:17

TLDRGPT-40 is revolutionizing entrepreneurship by offering AI assistance that performs tasks equivalent to four full-time employees at a fraction of the cost. The tool excels as a meeting partner, decision analyst, learning companion, research assistant, and coach, enhancing productivity and decision-making. It's capable of real-time audio and video understanding, providing immediate feedback for presentations and interviews. The speaker emphasizes leveraging AI's reasoning rather than just using it as a search engine, suggesting a course on creating custom AI tools for further enhancement.

Takeaways

  • 🚀 GPT-4 is a transformative tool for entrepreneurs, offering AI assistance at a nearly free cost.
  • 🤖 The speaker has been developing autonomous coaching software and sees GPT-4 as a significant advancement.
  • 💡 GPT-4 can perform thousands of tasks monthly, equivalent to the work of four full-time employees.
  • 📈 Entrepreneurs in 2024 have unprecedented power and capabilities due to AI advancements.
  • 💸 Even at a higher cost, the speaker would continue using GPT-4 for its immense business value.
  • 👥 GPT-4 can act as a meeting partner, providing real-time ideas and brainstorming support.
  • 🧠 It aids in decision analysis, helping entrepreneurs make faster decisions by discussing pros and cons.
  • 📚 As a Learning Partner, GPT-4 can assist with on-the-job training and understanding new software or concepts.
  • 🔍 The new desktop app allows for quick research without interrupting workflow, providing instant information.
  • 🎥 GPT-4 can provide coaching for presentations, interviews, and videos by understanding voice and visual cues.
  • 💼 The best use of AI is in its reasoning and decision-making capabilities, not just as a content creator or search engine.

Q & A

  • What is the significance of GPT-4 for entrepreneurs?

    -GPT-4 is a game changer for entrepreneurs as it acts as a true assistant that is essentially free, capable of performing thousands of tasks and significantly increasing productivity.

  • How does the speaker describe the value of GPT-4 for their business?

    -The speaker values GPT-4 so much that even at a hypothetical cost of $2,000 a month, they would still pay for it because it performs the work of four full-time employees.

  • What is the speaker's opinion on the different types of GPT users?

    -The speaker identifies two types of GPT users: those who get immense value and hit message limits, and those who consider canceling their subscription due to not utilizing it effectively.

  • Why did the speaker purchase GPT-4 subscriptions for their entire team?

    -The speaker bought GPT-4 subscriptions for their team to ensure they understand and can leverage its capabilities to increase productivity.

  • What is the first new feature of GPT-4 mentioned in the script?

    -The first new feature mentioned is acting as a meeting partner, providing real-time ideas and possibilities during brainstorming sessions.

  • How does GPT-4 assist with decision analysis?

    -GPT-4 acts as a partner for brainstorming and bouncing ideas, helping to make decisions faster by providing pros and cons and playing Devil's Advocate.

  • What role does GPT-4 serve as a Learning Partner?

    -As a Learning Partner, GPT-4 assists entrepreneurs in understanding new software or concepts by allowing them to share their screen and get real-time guidance.

  • How does the new desktop app of GPT-4 enhance research productivity?

    -The desktop app allows users to continue working while asking GPT-4 to research something, providing instant responses without the need to switch windows or tabs.

  • What is the potential use of GPT-4's understanding of audio and video for entrepreneurs?

    -GPT-4's understanding of audio and video can be used for coaching, helping entrepreneurs prepare for presentations, interviews, or recording videos with real-time feedback.

  • What is the speaker's advice on utilizing GPT-4 to its full potential?

    -The speaker advises using GPT-4's reasoning and decision-making capabilities rather than just treating it like a search engine or content creator.

Outlines

00:00

🚀 GPT 40: A Game Changer for Entrepreneurs

This paragraph introduces GPT 40 as a revolutionary tool for entrepreneurs, highlighting its potential to act as a true assistant at no cost. The speaker shares personal experience, having built an autonomous coach and software tools for over 15 years. They emphasize the current era as the best time for creators and entrepreneurs, with GPT 40 performing thousands of tasks per month, equivalent to the work of four full-time employees. The speaker's enthusiasm for GPT 40 is evident, as they would continue to pay for it even at a higher cost, and they encourage their team to use it for increased productivity. The paragraph outlines new features of GPT 40, such as acting as a meeting partner, providing real-time ideas during brainstorming sessions, and understanding the context of conversations.

05:01

🤖 GPT 40: Enhancing Productivity and Decision Making

The second paragraph delves into the advanced capabilities of GPT 40, such as decision analysis, where it can act as a brainstorming partner to expedite decision-making processes. The speaker discusses the time-consuming nature of making decisions in business and how GPT 40 can help streamline this by providing pros and cons of different options and engaging in Devil's Advocate discussions. Additionally, GPT 40 is presented as a Learning Partner, capable of understanding and assisting with complex tasks through a desktop app that allows for voice communication and screen sharing. The speaker also touches on the upcoming voice features of GPT 40, which will enable more immediate and expressive communication, enhancing the decision-making process.

Mindmap

Keywords

💡GPT-40

GPT-40 refers to a hypothetical advanced version of an AI language model, presumably an evolution of the GPT (Generative Pre-trained Transformer) series by OpenAI. In the context of the video, GPT-40 is portrayed as a game changer for entrepreneurs, offering capabilities that can significantly enhance productivity and decision-making. The speaker mentions leveraging GPT-40 for various tasks that would otherwise require multiple employees, illustrating its potential to revolutionize small business operations.

💡Entrepreneur

An entrepreneur is an individual who creates a new business, bearing most of the risks and rewards of the venture. The video emphasizes the benefits of GPT-40 for entrepreneurs, suggesting that it can act as a virtual assistant, helping with tasks that would otherwise be time-consuming. The speaker, being an entrepreneur themselves, shares personal experiences and insights on how AI can empower creators and business owners.

💡AI Assistant

An AI Assistant is a software program that uses artificial intelligence to perform tasks or services for users. In the video, the AI Assistant, presumably GPT-40, is described as being capable of performing thousands of tasks monthly, akin to the work of several full-time employees. It's positioned as an affordable tool that can provide substantial value to small businesses, automating and streamlining various operations.

💡Meeting Partner

The term 'Meeting Partner' in the video refers to the proposed ability of GPT-40 to actively participate in meetings by providing real-time ideas and suggestions. It suggests a future feature where GPT-40 could listen to the conversation and offer input, much like a human colleague would. This capability is seen as a way to enhance brainstorming sessions and decision-making processes within a business context.

💡Decision Analysis

Decision Analysis in the video is described as a process where GPT-40 assists in making decisions faster by brainstorming and providing pros and cons of different options. It acts as a thinking partner, helping entrepreneurs weigh their choices more effectively. The speaker shares their experience of using previous versions of GPT for decision analysis, indicating how the new voice features of GPT-40 could enhance this process.

💡Learning Partner

A 'Learning Partner' in the context of the video is a role that GPT-40 can play in aiding entrepreneurs to learn new skills or understand complex concepts related to their business. With the new desktop app, GPT-40 can observe the user's screen and provide guidance in real-time, making the learning process more interactive and efficient. This is particularly useful for tasks that are hard to describe in text but can be shown visually.

💡Research

Research, as mentioned in the video, is one of the tasks that GPT-40 can assist with. It suggests a scenario where GPT-40 can quickly search the web or provide answers to questions without the entrepreneur having to switch contexts or windows. This feature is portrayed as a significant productivity boost, allowing entrepreneurs to maintain focus on their work while simultaneously accessing the information they need.

💡Coaching

Coaching in the video refers to the ability of GPT-40 to provide real-time feedback on presentations, interviews, or video recordings. By understanding not just the words but also the inflections, emotions, and expressions in the speaker's voice and video, GPT-40 can act as a personal coach, helping entrepreneurs improve their communication skills. This use of AI is framed as a valuable, cost-effective tool for personal and professional development.

💡Productivity Boost

A 'Productivity Boost' is a term used to describe an increase in efficiency and output. The video highlights how GPT-40 can provide a productivity boost by quickly delivering information and assistance without interrupting the entrepreneur's workflow. This is exemplified by the ability to ask questions or get updates on tasks without leaving the current work environment, thus saving time and maintaining focus.

💡Custom GPT

A 'Custom GPT' refers to a tailored version of the AI model that is designed to meet specific needs or perform specialized tasks. The speaker mentions building a custom GPT to assist with decision-making, suggesting that entrepreneurs can leverage AI technology not just through general-purpose tools but also by creating solutions that are uniquely suited to their business requirements.

💡AI Elevate

AI Elevate is a course mentioned in the video that teaches entrepreneurs how to create custom AI models, presumably similar to GPT. This indicates a broader trend of educating entrepreneurs on how to leverage AI technology effectively. The course is positioned as a resource for those looking to deepen their understanding and application of AI in their businesses.

Highlights

GPT-40 is a game-changing tool for entrepreneurs, offering AI assistance at a low cost.

The speaker has been developing software tools for over 15 years and built the first autonomous coach in 2023.

AI is currently performing thousands of tasks monthly for the speaker's business.

2024 is considered the best time to be a creator or entrepreneur due to the power of individual creators.

There are two types of users for GPT: those who get immense value and those considering canceling their subscription.

The speaker would pay up to $2,000 a month for GPT due to its value.

GPT is described as doing the work of four full-time employees.

The speaker bought GPT team subscriptions for everyone on their team to enhance productivity.

GPT can act as a meeting partner, providing ideas and possibilities during brainstorming sessions.

GPT can assist in decision analysis, helping entrepreneurs make faster decisions.

GPT serves as a Learning Partner, helping entrepreneurs learn new aspects of their business.

GPT's new desktop app allows for screen sharing, enabling real-time problem-solving.

GPT can conduct research and provide information without interrupting the entrepreneur's workflow.

GPT-40 understands audio and video, offering real-time feedback for presentations and interviews.

The best use of AI is in its reasoning and decision-making capabilities, not just as a search engine.

The speaker encourages leveraging GPT to its full potential rather than considering it a cost.

AI Elevate is a course teaching how to create custom GPTs, aimed at creators and entrepreneurs.

Creator.com is a community for creators and entrepreneurs with a free tier to join.