Episode Transcript
Available transcripts are automatically generated. Complete accuracy is not guaranteed.
(00:06):
Hey there! Hi there! I'm BrandyLawson and you're listening to
Elevated, the podcast helpingyou build a better kitchen and
bath design business.
In our last episode, we exploredhow to use AI to extract the
right stuff from meetingsummaries.
Today's topic is anotherpowerful application of AI,
using it as a summarization toolto tackle complex information
(00:28):
and make better businessdecisions.
Let's face it, as businessowners, we're constantly
bombarded with information, fromgovernment regulations to
insurance quotes.
It can be overwhelming toprocess it all, but what if I
told you that AI could be yoursecret decoder ring to help you
cut through the noise?
Today I'm sharing two real worldstories about AI.
(00:50):
that'll show you how AI can helpyou in understanding complex
information.
First up, let's talk aboutgovernment regulations.
Yeah, no one's excited.
We all know they're about asexciting as watching paint dry,
but they're crucial tounderstand when running a
business.
Recently, there were updates tothe regulations for Certified
Disadvantaged BusinessEnterprises.
(01:12):
These particular regulationspertain to the audience for one
of our clients.
Now, normally, deciphering thesechanges would be a headache
inducing task.
But, here's what we did.
We fed the entire regulationinto an AI tool and asked it
specific questions about thechanges.
The result?
The AI provided us with a clearsummary of the updates and the
(01:33):
highlighted impact on thebusiness owners.
It was like having a legaltranslator on speed dial.
We were then able to provide aplain English, easy to read
summary to tell business ownershow this affected them.
This approach isn't just forgovernment regulations.
You can use it when yoursuppliers update their terms of
service, or even before agreeingto new software terms.
(01:54):
You could actually read theentire terms before signing.
All right, now let's move on tomy personal version of hell,
shopping for insurance.
If you've ever tried to comparecommercial insurance quotes, you
know it's not a task for thefaint of heart.
Each quote seems to havedifferent coverages and levels,
making comparison feel nearlyimpossible.
(02:14):
Here's where AI shines.
We started feeding those mindnumbing insurance PDFs into an
AI tool.
Then we asked for a summary ofeach quote and posed additional
questions about the differences.
And Suddenly, those confusingquotes transformed into clear,
comparable information.
The result was being able tomake an informed decision way
more quickly and easily, savinghours of trying to reformat them
(02:36):
into something understandable byus mere mortals who don't like
doing that.
The beauty of using AI in thesescenarios is that it's not just
summarizing, it's analyzing.
It can spot patterns, highlightdiscrepancies, and even suggest
areas that might need yourattention.
Now, I can almost hear youthinking, but Brandy, isn't this
just making us lazy?
(02:58):
Not at all! Using AI in this wayisn't about avoiding the work,
it's about working smarter.
It frees up your brain power tofocus on what really matters.
Making strategic decisions, orfinding that one of a kind
design solution for your kitchenand bath design business.
Remember, AI is a tool, not areplacement for your expertise.
You're still the one making thedecision.
(03:18):
AI is just helping you navigatethrough complex information more
efficiently.
As we wrap up, I want toencourage you to think about
areas in your business whereyou're drowning in information.
Could AI help you summarize andanalyze that data more
effectively?
Whether it's understandingindustry trends, comparing
vendor proposals, or evenanalyzing customer feedback, AI
could be your new efficiencycompanion.
(03:40):
In our next episode, we'llexplore another way AI can help
you run a more profitablekitchen and bath design
business, creating tasks.
Trust me, you won't want to missit.
So if you haven't already, hitthat subscribe button.
Your future, more efficient selfwill thank you.