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Prompts Used
Prompt 1: Context Setup
You are an expert data extractor tasked with analyzing a podcast transcript.
I will provide you with part 1 of 1 from a podcast transcript.
I will then ask you to extract different types of information from this content in subsequent messages. Please confirm you have received and understood the transcript content.
Transcript section:
[00:00:00.240 --> 00:00:05.600] What if your business had a 24-7 sales and marketing team without the overhead?
[00:00:05.600 --> 00:00:07.200] Here's why that matters.
[00:00:07.200 --> 00:00:10.800] 78% of leads go with the first responder.
[00:00:10.800 --> 00:00:16.400] The odds of qualifying a lead drop by 80% after 5 minutes.
[00:00:16.400 --> 00:00:20.560] Only 27% of leads are contacted by a sales rep.
[00:00:20.880 --> 00:00:26.560] 63% of companies take longer than an hour to respond to new inquiries.
[00:00:26.560 --> 00:00:30.560] And 50% of sales go to the vendor that responds first.
[00:00:30.560 --> 00:00:37.440] Businesses that use AI for lead response see a 67% increase in conversion rates.
[00:00:37.440 --> 00:00:47.040] AI-powered chat increases sales by 30%, and companies using AI also reduce customer support costs by 30%.
[00:00:47.040 --> 00:00:52.560] And automated follow-ups can boost lead engagement by 50% or more.
[00:00:52.560 --> 00:00:58.160] And that's why I built an AI automation agency called LeadLoops.pro.
[00:00:58.160 --> 00:01:12.160] LeadLoops texts new leads instantly, follows up after hours, reconnects old contacts, handles Google reviews, recovers abandoned carts, and even a voice bot that answers calls.
[00:01:12.160 --> 00:01:15.600] Basically, it's a tiny army that never sleeps.
[00:01:15.600 --> 00:01:19.280] You can learn more at leadloops.pro.
[00:01:19.280 --> 00:01:27.360] The other thing I want to tell you about is I'm now offering a free marketing report at getafreemarketingreport.com.
[00:01:27.360 --> 00:01:37.600] All you have to do is give me your business information and I check your online presence and send a detailed report in a day or two showing what's working and what to improve.
[00:01:37.600 --> 00:01:42.800] Again, that's at getafree marketingreport.com.
[00:01:42.800 --> 00:01:45.520] Welcome to the FrugalPreneur podcast.
[00:01:45.520 --> 00:01:46.880] I am your host, Sarah St.
[00:01:46.960 --> 00:01:47.600] John.
[00:01:47.600 --> 00:02:05.880] This episode is what I refer to as a showcase episode, where I feature a bootstrapped entrepreneur and they briefly share their tips, tricks, tactics, techniques, and tools that help them bootstrap their business and the successes and failures along the way.
[00:01:59.680 --> 00:02:16.520] My hope is that each of these showcase episodes will provide at least one valuable takeaway that you could implement right away in your own bootstrap business journey.
[00:02:16.520 --> 00:02:18.120] Now, on to the episode.
[00:02:18.120 --> 00:02:19.880] Hi, my name is Nick Jane.
[00:02:19.880 --> 00:02:22.440] I'm the CEO of IdeaScale.
[00:02:22.440 --> 00:02:26.200] We are the largest innovation software company on the planet.
[00:02:26.200 --> 00:02:27.880] We've been around about 15 years.
[00:02:27.880 --> 00:02:31.160] We have hundreds of clients, both in the public and private sector.
[00:02:31.160 --> 00:02:41.560] Our clients include companies like Comcast and Pfizer, nonprofits like Doctors Without Borders and the Mid-Ohio Food Collective, which is the largest food bank in Ohio, major U.S.
[00:02:41.560 --> 00:02:43.080] government agencies like the U.S.
[00:02:43.080 --> 00:02:46.360] Post Office, Transportation Safety Authority, the Coast Guard.
[00:02:46.360 --> 00:02:50.440] All these organizations impact our lives on a daily basis.
[00:02:50.440 --> 00:02:56.920] And I'm really proud to say that IdeaScale helps these organizations innovate every single day.
[00:02:56.920 --> 00:03:06.440] And what I really want to emphasize is that innovation is really important to every organization because if you're not innovating, you're moving backwards.
[00:03:06.440 --> 00:03:10.920] If you're not innovating, just remember, your competitors certainly are.
[00:03:10.920 --> 00:03:16.360] So one of the awesome things about Idea Scale is it's been around for 15 years and it's been bootstrapped.
[00:03:16.360 --> 00:03:29.320] It's always been owned by a couple set of co-founders and that is really powerful because today we answer to no one but our owners and that means we don't have the board politics of venture capital firms.
[00:03:29.480 --> 00:03:32.040] There's no pressure to IP or sell tomorrow.
[00:03:32.040 --> 00:03:41.000] Instead, we can really grow this business for the benefit of our customers, our shareholders, and our employees, really focusing on the long term.
[00:03:41.000 --> 00:03:58.400] In order to achieve this, I think one of the things that IdeaScale did really well right from day one under our original founders is it emphasized on running a sustainable business, a business that lives within its means, that thinks about costs effectively, but then also doesn't underprice its product.
[00:03:58.400 --> 00:04:07.200] I think one of the challenges that young business often face is you want to generate sales and then you sell at whatever low price your customers are willing to buy at.
[00:04:07.200 --> 00:04:09.440] And that really sets you up poorly for the future.
[00:04:09.440 --> 00:04:15.680] I think right from day one, IdeaScale realized the value of our product and we realized how to manage a business cost effectively.
[00:04:15.680 --> 00:04:18.400] And that's allowed us to be bootstrapped from day one.
[00:04:18.400 --> 00:04:21.040] Look, bootstrapping a business is really difficult.
[00:04:21.040 --> 00:04:30.560] That's why so many small organizations and startups take external capital, whether it be from seed investors, from family members, from venture capitalists, private equity funds, etc.
[00:04:30.800 --> 00:04:41.440] I think our biggest failure that we did in bootstrapping was there were probably times when it might have made sense to take external capital because we could have grown a little faster.
[00:04:41.440 --> 00:04:46.000] But conversely, we avoided some of the strings that have come attached from external capital.
[00:04:46.000 --> 00:04:51.360] Conversely, I think our biggest success is when we are really disciplined decision makers here.
[00:04:51.360 --> 00:05:00.400] When we make a decision to go pursue something, whether that be international expansion, a new marketing campaign, a new product, we're investing our own money, not somebody else's money.
[00:05:00.400 --> 00:05:06.800] So we're really thoughtful about it and we're willing to take big swings, thoughtful swings, when we're ready to do so.
[00:05:06.800 --> 00:05:15.440] I think that there's three tips and tricks that I would give to anyone looking to bootstrap a business, whether it be a software company, a shoe company, a hardware store, whatever it is.
[00:05:15.440 --> 00:05:20.720] Number one is be really thoughtful about cash flows, right?
[00:05:20.720 --> 00:05:21.840] Accounting is great.
[00:05:22.240 --> 00:05:23.280] I worked on Wall Street.
[00:05:23.280 --> 00:05:25.760] I get all the accounting stuff, but cash is king.
[00:05:25.760 --> 00:05:30.280] You really need to understand how money is moving in and out of your company.
[00:05:29.760 --> 00:05:33.960] And the most important aspect for that for small business is managing your working capital.
[00:05:34.200 --> 00:05:39.080] If you don't know what working capital is, go look it up on Wikipedia, go ask ChatGPT how to manage it effectively.
[00:05:39.080 --> 00:05:40.360] That's really important.
[00:05:40.360 --> 00:05:43.880] Number two is thinking about marketing.
[00:05:43.880 --> 00:05:52.920] I think a lot of young businesses often overspend on marketing without actually seeing if they're getting a return in a timely way.
[00:05:52.920 --> 00:05:58.520] Number three is thinking about ROI positive decisions, return on investment.
[00:05:58.520 --> 00:06:03.000] When you spend a dollar, you need to get more than a dollar in profits back.
[00:06:03.000 --> 00:06:07.960] And if you're not doing so, your business is basically treading water or not growing.
[00:06:07.960 --> 00:06:09.720] That's something that you can analytically do.
[00:06:09.720 --> 00:06:11.160] It's really easy in a spreadsheet.
[00:06:11.160 --> 00:06:17.960] Again, if you don't know how to calculate ROI for any type of business, go look it up on Wikipedia or ask ChatGPT.
[00:06:17.960 --> 00:06:21.080] So as part of thoughts, I think I have a few things.
[00:06:21.080 --> 00:06:32.440] Firstly is that regardless what sort of business you're running, whether you're a solo entrepreneur, whether you're a consultant, whether you're running a hardware store, whether you're running a giant software company, you need to innovate.
[00:06:32.440 --> 00:06:35.480] You need to get better tomorrow than you are today.
[00:06:35.480 --> 00:06:39.640] Because if you're not, you're really moving backwards because your competitors out there are hungry.
[00:06:39.640 --> 00:06:40.680] They want to eat your lunch.
[00:06:40.680 --> 00:06:41.560] You need to get better.
[00:06:41.560 --> 00:06:44.360] And that's both in small ways as well as big ways.
[00:06:44.360 --> 00:06:46.040] The second is a request.
[00:06:46.040 --> 00:06:50.440] My company's software is entirely free for organizations less than 100 people.
[00:06:50.440 --> 00:06:52.920] So I would love if you can come check us out.
[00:06:52.920 --> 00:06:54.280] It's ideascale.com.
[00:06:54.280 --> 00:06:55.320] Click get started free.
[00:06:55.320 --> 00:06:56.360] You don't have to download anything.
[00:06:56.360 --> 00:06:57.960] It takes 30 seconds to set up.
[00:06:57.960 --> 00:07:03.480] And we would love to be the innovation software you use to run your business, whether big or small.
[00:07:03.480 --> 00:07:07.080] Obviously, if you're large, we would love for you to have you as a customer.
[00:07:07.080 --> 00:07:15.520] And the final thing I would say is: regardless of where you are in your career, whether you're starting out or whether you're a CEO, invest in continuous learning.
[00:07:15.760 --> 00:07:28.080] Go take online courses in something, whether it be something fun that you're really interested in, maybe pop music, or something technical like how to do prompt engineering for generative AI or how to program.
[00:07:28.080 --> 00:07:28.880] Go do those.
[00:07:28.880 --> 00:07:32.800] You'll get smarter and you'll get better and you'll be happier in your life and career.
[00:07:32.800 --> 00:07:40.800] I hope you enjoyed that episode and were able to take away a valuable nugget of information that you can implement right away in your own business.
[00:07:40.800 --> 00:07:48.800] If you feel your story would be valuable for the listeners of this show, please visit frugal.show forward slash guest.
[00:07:48.800 --> 00:07:54.240] What if your business had a 24/7 sales and marketing team without the overhead?
[00:07:54.240 --> 00:07:59.520] Here's why that matters: 78% of leads go with the first responder.
[00:07:59.520 --> 00:08:05.120] The odds of qualifying a lead drop by 80% after five minutes.
[00:08:05.120 --> 00:08:09.280] Only 27% of leads are contacted by a sales rep.
[00:08:09.600 --> 00:08:15.280] 63% of companies take longer than an hour to respond to new inquiries.
[00:08:15.280 --> 00:08:19.200] And 50% of sales go to the vendor that responds first.
[00:08:19.200 --> 00:08:26.160] Businesses that use AI for lead response see a 67% increase in conversion rates.
[00:08:26.160 --> 00:08:35.680] AI-powered chat increases sales by 30%, and companies using AI also reduce customer support costs by 30%.
[00:08:35.680 --> 00:08:41.280] And automated follow-ups can boost lead engagement by 50% or more.
[00:08:41.280 --> 00:08:46.880] And that's why I built an AI automation agency called LeadLoops.pro.
[00:08:46.880 --> 00:09:00.840] LeadLoops texts new leads instantly, follows up after hours, reconnects old contacts, handles Google reviews, recovers abandoned cards, and even a voice bot that answers calls.
[00:09:00.840 --> 00:09:04.360] Basically, it's a tiny army that never sleeps.
[00:08:59.840 --> 00:09:08.040] You can learn more at leadloops.pro.
[00:09:08.040 --> 00:09:16.040] The other thing I want to tell you about is I'm now offering a free marketing report at getafreemarketingreport.com.
[00:09:16.040 --> 00:09:26.280] All you have to do is give me your business information and I check your online presence and send a detailed report in a day or two showing what's working and what to improve.
[00:09:26.280 --> 00:09:31.400] Again, that's at getafree marketingreport.com.
Prompt 2: Key Takeaways
Now please extract the key takeaways from the transcript content I provided.
Extract the most important key takeaways from this part of the conversation. Use a single sentence statement (the key takeaway) rather than milquetoast descriptions like "the hosts discuss...".
Limit the key takeaways to a maximum of 3. The key takeaways should be insightful and knowledge-additive.
IMPORTANT: Return ONLY valid JSON, no explanations or markdown. Ensure:
- All strings are properly quoted and escaped
- No trailing commas
- All braces and brackets are balanced
Format: {"key_takeaways": ["takeaway 1", "takeaway 2"]}
Prompt 3: Segments
Now identify 2-4 distinct topical segments from this part of the conversation.
For each segment, identify:
- Descriptive title (3-6 words)
- START timestamp when this topic begins (HH:MM:SS format)
- Double check that the timestamp is accurate - a timestamp will NEVER be greater than the total length of the audio
- Most important Key takeaway from that segment. Key takeaway must be specific and knowledge-additive.
- Brief summary of the discussion
IMPORTANT: The timestamp should mark when the topic/segment STARTS, not a range. Look for topic transitions and conversation shifts.
Return ONLY valid JSON. Ensure all strings are properly quoted, no trailing commas:
{
"segments": [
{
"segment_title": "Topic Discussion",
"timestamp": "01:15:30",
"key_takeaway": "main point from this segment",
"segment_summary": "brief description of what was discussed"
}
]
}
Timestamp format: HH:MM:SS (e.g., 00:05:30, 01:22:45) marking the START of each segment.
Now scan the transcript content I provided for ACTUAL mentions of specific media titles:
Find explicit mentions of:
- Books (with specific titles)
- Movies (with specific titles)
- TV Shows (with specific titles)
- Music/Songs (with specific titles)
DO NOT include:
- Websites, URLs, or web services
- Other podcasts or podcast names
IMPORTANT:
- Only include items explicitly mentioned by name. Do not invent titles.
- Valid categories are: "Book", "Movie", "TV Show", "Music"
- Include the exact phrase where each item was mentioned
- Find the nearest proximate timestamp where it appears in the conversation
- THE TIMESTAMP OF THE MEDIA MENTION IS IMPORTANT - DO NOT INVENT TIMESTAMPS AND DO NOT MISATTRIBUTE TIMESTAMPS
- Double check that the timestamp is accurate - a timestamp will NEVER be greater than the total length of the audio
- Timestamps are given as ranges, e.g. 01:13:42.520 --> 01:13:46.720. Use the EARLIER of the 2 timestamps in the range.
Return ONLY valid JSON. Ensure all strings are properly quoted and escaped, no trailing commas:
{
"media_mentions": [
{
"title": "Exact Title as Mentioned",
"category": "Book",
"author_artist": "N/A",
"context": "Brief context of why it was mentioned",
"context_phrase": "The exact sentence or phrase where it was mentioned",
"timestamp": "estimated time like 01:15:30"
}
]
}
If no media is mentioned, return: {"media_mentions": []}
Full Transcript
[00:00:00.240 --> 00:00:05.600] What if your business had a 24-7 sales and marketing team without the overhead?
[00:00:05.600 --> 00:00:07.200] Here's why that matters.
[00:00:07.200 --> 00:00:10.800] 78% of leads go with the first responder.
[00:00:10.800 --> 00:00:16.400] The odds of qualifying a lead drop by 80% after 5 minutes.
[00:00:16.400 --> 00:00:20.560] Only 27% of leads are contacted by a sales rep.
[00:00:20.880 --> 00:00:26.560] 63% of companies take longer than an hour to respond to new inquiries.
[00:00:26.560 --> 00:00:30.560] And 50% of sales go to the vendor that responds first.
[00:00:30.560 --> 00:00:37.440] Businesses that use AI for lead response see a 67% increase in conversion rates.
[00:00:37.440 --> 00:00:47.040] AI-powered chat increases sales by 30%, and companies using AI also reduce customer support costs by 30%.
[00:00:47.040 --> 00:00:52.560] And automated follow-ups can boost lead engagement by 50% or more.
[00:00:52.560 --> 00:00:58.160] And that's why I built an AI automation agency called LeadLoops.pro.
[00:00:58.160 --> 00:01:12.160] LeadLoops texts new leads instantly, follows up after hours, reconnects old contacts, handles Google reviews, recovers abandoned carts, and even a voice bot that answers calls.
[00:01:12.160 --> 00:01:15.600] Basically, it's a tiny army that never sleeps.
[00:01:15.600 --> 00:01:19.280] You can learn more at leadloops.pro.
[00:01:19.280 --> 00:01:27.360] The other thing I want to tell you about is I'm now offering a free marketing report at getafreemarketingreport.com.
[00:01:27.360 --> 00:01:37.600] All you have to do is give me your business information and I check your online presence and send a detailed report in a day or two showing what's working and what to improve.
[00:01:37.600 --> 00:01:42.800] Again, that's at getafree marketingreport.com.
[00:01:42.800 --> 00:01:45.520] Welcome to the FrugalPreneur podcast.
[00:01:45.520 --> 00:01:46.880] I am your host, Sarah St.
[00:01:46.960 --> 00:01:47.600] John.
[00:01:47.600 --> 00:02:05.880] This episode is what I refer to as a showcase episode, where I feature a bootstrapped entrepreneur and they briefly share their tips, tricks, tactics, techniques, and tools that help them bootstrap their business and the successes and failures along the way.
[00:01:59.680 --> 00:02:16.520] My hope is that each of these showcase episodes will provide at least one valuable takeaway that you could implement right away in your own bootstrap business journey.
[00:02:16.520 --> 00:02:18.120] Now, on to the episode.
[00:02:18.120 --> 00:02:19.880] Hi, my name is Nick Jane.
[00:02:19.880 --> 00:02:22.440] I'm the CEO of IdeaScale.
[00:02:22.440 --> 00:02:26.200] We are the largest innovation software company on the planet.
[00:02:26.200 --> 00:02:27.880] We've been around about 15 years.
[00:02:27.880 --> 00:02:31.160] We have hundreds of clients, both in the public and private sector.
[00:02:31.160 --> 00:02:41.560] Our clients include companies like Comcast and Pfizer, nonprofits like Doctors Without Borders and the Mid-Ohio Food Collective, which is the largest food bank in Ohio, major U.S.
[00:02:41.560 --> 00:02:43.080] government agencies like the U.S.
[00:02:43.080 --> 00:02:46.360] Post Office, Transportation Safety Authority, the Coast Guard.
[00:02:46.360 --> 00:02:50.440] All these organizations impact our lives on a daily basis.
[00:02:50.440 --> 00:02:56.920] And I'm really proud to say that IdeaScale helps these organizations innovate every single day.
[00:02:56.920 --> 00:03:06.440] And what I really want to emphasize is that innovation is really important to every organization because if you're not innovating, you're moving backwards.
[00:03:06.440 --> 00:03:10.920] If you're not innovating, just remember, your competitors certainly are.
[00:03:10.920 --> 00:03:16.360] So one of the awesome things about Idea Scale is it's been around for 15 years and it's been bootstrapped.
[00:03:16.360 --> 00:03:29.320] It's always been owned by a couple set of co-founders and that is really powerful because today we answer to no one but our owners and that means we don't have the board politics of venture capital firms.
[00:03:29.480 --> 00:03:32.040] There's no pressure to IP or sell tomorrow.
[00:03:32.040 --> 00:03:41.000] Instead, we can really grow this business for the benefit of our customers, our shareholders, and our employees, really focusing on the long term.
[00:03:41.000 --> 00:03:58.400] In order to achieve this, I think one of the things that IdeaScale did really well right from day one under our original founders is it emphasized on running a sustainable business, a business that lives within its means, that thinks about costs effectively, but then also doesn't underprice its product.
[00:03:58.400 --> 00:04:07.200] I think one of the challenges that young business often face is you want to generate sales and then you sell at whatever low price your customers are willing to buy at.
[00:04:07.200 --> 00:04:09.440] And that really sets you up poorly for the future.
[00:04:09.440 --> 00:04:15.680] I think right from day one, IdeaScale realized the value of our product and we realized how to manage a business cost effectively.
[00:04:15.680 --> 00:04:18.400] And that's allowed us to be bootstrapped from day one.
[00:04:18.400 --> 00:04:21.040] Look, bootstrapping a business is really difficult.
[00:04:21.040 --> 00:04:30.560] That's why so many small organizations and startups take external capital, whether it be from seed investors, from family members, from venture capitalists, private equity funds, etc.
[00:04:30.800 --> 00:04:41.440] I think our biggest failure that we did in bootstrapping was there were probably times when it might have made sense to take external capital because we could have grown a little faster.
[00:04:41.440 --> 00:04:46.000] But conversely, we avoided some of the strings that have come attached from external capital.
[00:04:46.000 --> 00:04:51.360] Conversely, I think our biggest success is when we are really disciplined decision makers here.
[00:04:51.360 --> 00:05:00.400] When we make a decision to go pursue something, whether that be international expansion, a new marketing campaign, a new product, we're investing our own money, not somebody else's money.
[00:05:00.400 --> 00:05:06.800] So we're really thoughtful about it and we're willing to take big swings, thoughtful swings, when we're ready to do so.
[00:05:06.800 --> 00:05:15.440] I think that there's three tips and tricks that I would give to anyone looking to bootstrap a business, whether it be a software company, a shoe company, a hardware store, whatever it is.
[00:05:15.440 --> 00:05:20.720] Number one is be really thoughtful about cash flows, right?
[00:05:20.720 --> 00:05:21.840] Accounting is great.
[00:05:22.240 --> 00:05:23.280] I worked on Wall Street.
[00:05:23.280 --> 00:05:25.760] I get all the accounting stuff, but cash is king.
[00:05:25.760 --> 00:05:30.280] You really need to understand how money is moving in and out of your company.
[00:05:29.760 --> 00:05:33.960] And the most important aspect for that for small business is managing your working capital.
[00:05:34.200 --> 00:05:39.080] If you don't know what working capital is, go look it up on Wikipedia, go ask ChatGPT how to manage it effectively.
[00:05:39.080 --> 00:05:40.360] That's really important.
[00:05:40.360 --> 00:05:43.880] Number two is thinking about marketing.
[00:05:43.880 --> 00:05:52.920] I think a lot of young businesses often overspend on marketing without actually seeing if they're getting a return in a timely way.
[00:05:52.920 --> 00:05:58.520] Number three is thinking about ROI positive decisions, return on investment.
[00:05:58.520 --> 00:06:03.000] When you spend a dollar, you need to get more than a dollar in profits back.
[00:06:03.000 --> 00:06:07.960] And if you're not doing so, your business is basically treading water or not growing.
[00:06:07.960 --> 00:06:09.720] That's something that you can analytically do.
[00:06:09.720 --> 00:06:11.160] It's really easy in a spreadsheet.
[00:06:11.160 --> 00:06:17.960] Again, if you don't know how to calculate ROI for any type of business, go look it up on Wikipedia or ask ChatGPT.
[00:06:17.960 --> 00:06:21.080] So as part of thoughts, I think I have a few things.
[00:06:21.080 --> 00:06:32.440] Firstly is that regardless what sort of business you're running, whether you're a solo entrepreneur, whether you're a consultant, whether you're running a hardware store, whether you're running a giant software company, you need to innovate.
[00:06:32.440 --> 00:06:35.480] You need to get better tomorrow than you are today.
[00:06:35.480 --> 00:06:39.640] Because if you're not, you're really moving backwards because your competitors out there are hungry.
[00:06:39.640 --> 00:06:40.680] They want to eat your lunch.
[00:06:40.680 --> 00:06:41.560] You need to get better.
[00:06:41.560 --> 00:06:44.360] And that's both in small ways as well as big ways.
[00:06:44.360 --> 00:06:46.040] The second is a request.
[00:06:46.040 --> 00:06:50.440] My company's software is entirely free for organizations less than 100 people.
[00:06:50.440 --> 00:06:52.920] So I would love if you can come check us out.
[00:06:52.920 --> 00:06:54.280] It's ideascale.com.
[00:06:54.280 --> 00:06:55.320] Click get started free.
[00:06:55.320 --> 00:06:56.360] You don't have to download anything.
[00:06:56.360 --> 00:06:57.960] It takes 30 seconds to set up.
[00:06:57.960 --> 00:07:03.480] And we would love to be the innovation software you use to run your business, whether big or small.
[00:07:03.480 --> 00:07:07.080] Obviously, if you're large, we would love for you to have you as a customer.
[00:07:07.080 --> 00:07:15.520] And the final thing I would say is: regardless of where you are in your career, whether you're starting out or whether you're a CEO, invest in continuous learning.
[00:07:15.760 --> 00:07:28.080] Go take online courses in something, whether it be something fun that you're really interested in, maybe pop music, or something technical like how to do prompt engineering for generative AI or how to program.
[00:07:28.080 --> 00:07:28.880] Go do those.
[00:07:28.880 --> 00:07:32.800] You'll get smarter and you'll get better and you'll be happier in your life and career.
[00:07:32.800 --> 00:07:40.800] I hope you enjoyed that episode and were able to take away a valuable nugget of information that you can implement right away in your own business.
[00:07:40.800 --> 00:07:48.800] If you feel your story would be valuable for the listeners of this show, please visit frugal.show forward slash guest.
[00:07:48.800 --> 00:07:54.240] What if your business had a 24/7 sales and marketing team without the overhead?
[00:07:54.240 --> 00:07:59.520] Here's why that matters: 78% of leads go with the first responder.
[00:07:59.520 --> 00:08:05.120] The odds of qualifying a lead drop by 80% after five minutes.
[00:08:05.120 --> 00:08:09.280] Only 27% of leads are contacted by a sales rep.
[00:08:09.600 --> 00:08:15.280] 63% of companies take longer than an hour to respond to new inquiries.
[00:08:15.280 --> 00:08:19.200] And 50% of sales go to the vendor that responds first.
[00:08:19.200 --> 00:08:26.160] Businesses that use AI for lead response see a 67% increase in conversion rates.
[00:08:26.160 --> 00:08:35.680] AI-powered chat increases sales by 30%, and companies using AI also reduce customer support costs by 30%.
[00:08:35.680 --> 00:08:41.280] And automated follow-ups can boost lead engagement by 50% or more.
[00:08:41.280 --> 00:08:46.880] And that's why I built an AI automation agency called LeadLoops.pro.
[00:08:46.880 --> 00:09:00.840] LeadLoops texts new leads instantly, follows up after hours, reconnects old contacts, handles Google reviews, recovers abandoned cards, and even a voice bot that answers calls.
[00:09:00.840 --> 00:09:04.360] Basically, it's a tiny army that never sleeps.
[00:08:59.840 --> 00:09:08.040] You can learn more at leadloops.pro.
[00:09:08.040 --> 00:09:16.040] The other thing I want to tell you about is I'm now offering a free marketing report at getafreemarketingreport.com.
[00:09:16.040 --> 00:09:26.280] All you have to do is give me your business information and I check your online presence and send a detailed report in a day or two showing what's working and what to improve.
[00:09:26.280 --> 00:09:31.400] Again, that's at getafree marketingreport.com.