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If you’re not a CEO, another C-suite executive with political capital and influence, a board member with clout, or a controlling investor, you may not be able to gain support for a full-scale business transformation. Discuss, share, brainstorm, problem-solve, collaborate cross-functionally, use your best judgment, and decide.
The thing that we really hung onto was that while investors were saying no, all of our potential customers and HR leaders and benefit leaders couldn’t stop wanting to talk about this topic.”. Ruthlessly prioritizing involved a lot of brainstorming sessions, user research, and talking to existing and potential customers.
During a brainstorming session one day, he suggested building an AI product that could generate passive revenue for us. Seeking venture capital or angel investors should not be your initial goal. Its equally important to clearly communicate to investors what sets your AI product apart and why it will attract users or buyers.
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