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💡 Tip of the Week
Use AI to enhance and guide your process, don't let it drive.
In This Issue
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Story, when AI agreed with both sides |
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Five guardrails to use AI wisely |
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Try our Profit Path Guide, with human oversight |
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AI Is Powerful, Human Judgment Is Priceless
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Quick Summary
- AI can enhance strategy, give ideas, and save time. it should not replace expert judgment or expertise.
- AI Hallucinations - Confirmation bias can nudge AI to agree with what you already fear or hope.
- When the stakes are high, combine AI with real expertise, documentation, and a second opinion.
Why this matters right now
A couple of weeks ago I shared a free AI tool to help you move faster. This is an amazing, powerful tool to make it easier for you to be effective at creating profit in your business.
There is a risk to AI, though, that I'd like to explore with you. When we let AI make judgements for us, we can drift away from evidence and experience and go in the wrong direction.
A real story, two opposite answersA friend implemented Profit First a little over a year ago and the results were incredible. Net profit grew more than two hundred percent, landing near one million dollars. With increased profits, though, comes a larger tax bill. In his case, possibly three hundred thousand dollars without tax planning.
Taking action, he hired our most trusted tax partners, who built a plan using strategies that are in the tax code, clean and ethical. The plan would help save a massive amount of taxes. I was shocked by this response, so I asked the very same exact question to my ChatGPT. My answer was the opposite, the strategies were common and acceptable, with very little risk or abuse. We even checked the actual tax code sections, then asked a second trusted tax expert. Both supported the plan as ethical and above board. The lesson - AI can mirror the tone you bring to it. If you feed it skepticism, it can amplify that. If you arrive hopeful, it can cheer that. Use AI to explore and enhance your ideas and projects. But let human insight and sound judgement anchor your decisions. |
This is education, not tax or legal advice. Talk with a qualified professional about your situation.
Five guardrails for using AI without losing control
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Decisions by people. Ask AI for options and risks, then use human intuition, experience, and insight call. |
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Show your work. Ask AI for sources, ask for the counter argument, and ask what would change the answer. |
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Use your documents. Attach the plan, the contract, or the report, and ask the model to review the actual details. |
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Check the numbers. Compare advice with your financial statements and bank activity. If the math does not work, pause. |
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Phone a pro. For taxes, legal, payroll, and other high impact moves, add an expert review before you act. |
Use the Profit Co-Pilot to improve your cash flow, with a mentor’s mindset
I trained a custom GPT to think and respond like I do. It is free to use, and it gives fast, practical support for Profit First and the Pumpkin Plan. Use it to draft ideas, to understand options, and to prepare smart questions for your advisor. Then make the decision with a human.
| Open the Profit Co-Pilot → |
Attach your plan, proposal, or report to get better context, and always confirm with your numbers and your expert.
Adam Litster
Chief Profit Architect
(816) 500-5779
[email protected]
www.betterbizinfo.com
Framework Summary
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