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August 8, 2025 23 mins

THE AI JOKE

"I started a business making yo-yos. It has its ups and downs."

TAKEAWAYS

  • Microsoft’s research shows paralegals, clerks, and bookkeepers are at high risk from AI disruption, while electricians and plumbers are safer—for now.
  • AI agents are transforming industries like construction, where Trunk Tools automates scheduling and documentation.
  • SMBs often stall in "pilot purgatory"—they experiment with tools but never integrate them into core workflows.
  • A real AI strategy must align with business goals and include data governance, cross-functional buy-in, and training.
  • Small, focused AI wins (e.g., automating staff scheduling or document management) create momentum and unlock capacity.
  • SMBs can beat big players by being agile—able to pivot quickly, adopt efficiently, and embed AI where it counts.
  • Off-the-shelf AI tools can fail if they’re not adapted to domain-specific needs; customization matters.
  • Outsourcing AI expertise is often smarter than trying to build in-house capabilities too soon.

RESOURCES AND TOOLS

 

5. CHAPTERS

00:00 - Opening Joke: The Yo-Yo Business
00:30 - Weekly Catch-Up & AI Headlines
01:06 - Microsoft’s AI Job Impact Report
02:20 - Philosophical Reflections on AI & The Singularity
04:07 - Trunk Tools & AI for Construction
06:00 - The Rise of Purpose-Built AI Agents
07:20 - Main Topic: Building a Real AI Strategy
08:30 - Pilot Purgatory & Strategy Alignment
10:00 - Project Management & Workflow Foundations
12:09 - Where SMBs Can Beat Big Business
14:00 - The Role of a Chief AI Officer
15:04 - Business Planning Before Tool Adoption
17:36 - Avoiding AI Fads and Focusing on ROI
18:43 - Choosing the Right AI Tools for Your Needs
20:13 - Consulting vs DIY AI Implementation
22:17 - Picking Small Wins to Start with AI
23:25 - Closing Advice: Laddering Wins to Strategy

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