Latest / Earn Your Leisure / Where Should Investors Focus Now? AI, Finance & Business Strategies for Success

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Where Should Investors Focus Now? AI, Finance & Business Strategies for Success · Earn Your Leisure

• 0:01
  Speaker 1: Earners. What's up.
• 0:02
  Speaker 2: You ever walk into a small business and everything just
• 0:04
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  Speaker 2: more that Square dot com backslash, go backslash eyl. Don't wait,
• 1:01
  Speaker 2: don't hesitate. Let's Square handle the back end so you
• 1:04
  Speaker 2: can keep pushing your vision forward. This episode is brought
• 1:10
  Speaker 2: to you by P and C Bank, a lot of
• 1:12
  Speaker 2: people think podcasts about work are boring, and sure they
• 1:16
  Speaker 2: definitely can be. But understanding of professionals routine shows us
• 1:20
  Speaker 2: how they achieve their success little by little, day after day.
• 1:24
  Speaker 2: It's like banking with P and C Bank. It might
• 1:27
  Speaker 2: seem boring to save, plan and make calculated decisions with
• 1:30
  Speaker 2: your bank, but keeping your money boring is what helps
• 1:33
  Speaker 2: you live or more happily fulfilled life. P and C
• 1:36
  Speaker 2: Bank Brilliantly Boring since eighteen sixty five. Brilliantly Boring since
• 1:41
  Speaker 2: eighteen sixty five is a service mark of the PNC
• 1:44
  Speaker 2: Financial Service Group, Inc. P and C Bank National Association
• 1:48
  Speaker 2: Member FDIC. Where should like this cohort of new people
• 1:54
  Speaker 2: who graduate or a studying now, where should they be focusing?
• 1:57
  Speaker 2: In terms of AI intelligence?
• 2:00
  Speaker 1: I would say to focus on a problem to solve,
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  Speaker 1: versus focusing on the technology tool. Right. So find a
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  Speaker 1: problem that someone's willing to pay to have solved, right,
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  Speaker 1: think of it as a valuable problem. It's a lesson
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  Speaker 1: I had to learn in grad school. In grad school,
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  Speaker 1: we were solving these very hard, difficult problems, but they
• 2:19
  Speaker 1: were not necessarily valuable ones. They were not necessarily you know,
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  Speaker 1: you're solving a theorem that's been sitting around for thirty years,
• 2:25
  Speaker 1: but no one necessarily wanted to pay you to solve
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  Speaker 1: that there. Yeah, But if you go into a business
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  Speaker 1: and an enterprise, like, Okay, what problems do you have
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  Speaker 1: that I can solve that will be valuable to you,
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  Speaker 1: And it's usually around helping a business increase revenue or
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  Speaker 1: decrease expenses, right, and that way you're delivering an ROI.
• 2:43
  Speaker 1: You look at the work I do in technology, as
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  Speaker 1: you mentioned, I've been doing it for a long time,
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  Speaker 1: but I don't do a lot of work around consumer technology. Right.
• 2:51
  Speaker 1: It's a very big space, very important space, that's not
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  Speaker 1: my specially. What I tend to understand is give me
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  Speaker 1: a business and let me find a problem within that
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  Speaker 1: business that I can write software to solve for them.
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  Speaker 1: And I tend to think about that across three layers.
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  Speaker 1: No matter what kind of business you are, a healthcare
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  Speaker 1: business or a manufacturing business, there's three things that most
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  Speaker 1: businesses have in common. One is they have a layer
• 3:15
  Speaker 1: of infrastructure. Right, you have data, you have compute, you
• 3:20
  Speaker 1: have networking, you have software. You have a layer of
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  Speaker 1: it infrastructure. Then another thing that most businesses have in
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  Speaker 1: come is. The next layer is finance or the money. Right,
• 3:32
  Speaker 1: the money has to move. You have to pay bills,
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  Speaker 1: you have to get your account receivables, you have to
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  Speaker 1: pay payroll, and so there's a layer of finance in
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  Speaker 1: every business. And then lastly you have people, and you
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  Speaker 1: need to care for and optimize your people. So you
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  Speaker 1: have training, you have upskilling, you have health tech, healthcare,
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  Speaker 1: and so I tend to spend my time looking at
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  Speaker 1: those three layers within a business and finding problems to
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  Speaker 1: solve and seeing how software is disrupting things within there.
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  Speaker 1: So an IT structure, you know, this shift from cloud
• 4:02
  Speaker 1: to AI to agentic, I mean it is uncovering lots
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  Speaker 1: of opportunities to go build companies to help businesses understand
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  Speaker 1: that and manage that scale that secure that right. Cybersecurity
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  Speaker 1: is the industry that's still hundreds of billions of dollars
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  Speaker 1: and it's been around for twenty to thirty years. Right,
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  Speaker 1: is the gift that keeps giving in many ways, because
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  Speaker 1: every time there's a new platform, the cyber criminals will
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  Speaker 1: spend their days and nights trying to figure out how
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  Speaker 1: to break it, and so that creates lots of opportunities
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  Speaker 1: to your point for the next generation of entrepreneurs. When
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  Speaker 1: you look at finance, you know what's happening now, open banking,
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  Speaker 1: the globalizations creating this need for cross border payments, there's
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  Speaker 1: this need for embedded finance. You know, there's a saying
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  Speaker 1: that every software company is ultimately a fintech. Every software
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  Speaker 1: company needs to move money around, and so embedded finance
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  Speaker 1: is a huge area that we spend time. And then lastly,
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  Speaker 1: software around the people. As AI disrupts me things to decide, well,
• 5:01
  Speaker 1: how do you deal with your work force, how do
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  Speaker 1: you upscale, how do you retrain, how do you deal
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  Speaker 1: with health tech? I mean, we look at health care
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  Speaker 1: in this country. It's a four trillion dollar industry and
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  Speaker 1: there's lots of efficiencies and efficiencies there, right, and so
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  Speaker 1: there's room for improvement around healthcare. And so I tend
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  Speaker 1: to say, don't go focus first on the technology. Focus
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  Speaker 1: on going to find a problem that you can solve.
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  Speaker 1: Go find one customer, solve it for, and then another
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  Speaker 1: and then another. And that's when you have a business.
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  Speaker 1: That's when you start to have repeatable, recurrent revenue.
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  Speaker 3: An illegal alien from Guatemala charged with raping a child
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  Speaker 3: in Massachusetts. An MS thirteen gang member from Al Salvador
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  Speaker 3: accused of murdering a Texas man of Venezuelan charged with
• 5:47
  Speaker 3: filming and selling child pornography in Michigan. These are just
• 5:51
  Speaker 3: some of the heinous migrant criminals caught because of President
• 5:55
  Speaker 3: Donald J. Trump's leadership. I'm Christinem, the United States Secretary
• 5:59
  Speaker 3: of Homeland Security. Under President Trump, attempted illegal border crossings
• 6:04
  Speaker 3: are at the lowest levels ever recorded, and over one
• 6:07
  Speaker 3: hundred thousand illegal aliens have been arrested. If you are
• 6:11
  Speaker 3: here illegally, your next you will be fined nearly one
• 6:15
  Speaker 3: thousand dollars a day, imprisoned, and deported. You will never return.
• 6:20
  Speaker 3: But if you register using our CBP home app and
• 6:23
  Speaker 3: leave now, you could be allowed to return legally. Do
• 6:26
  Speaker 3: what's right. Leave now. Under President Trump, America's laws, border
• 6:31
  Speaker 3: and families will be protected.
• 6:33
  Speaker 1: Sponsored by the United States Department of Homeland Security,