ChatGPT use case?

January 06, 2023

by a searcher from Western Illinois University in St. Louis, MO, USA

Wondering if anyone has been playing with ChatGPT and found it to be useful for anything related to your search?

I'll share anything I find beneficial.

**UPDATE**

https://twitter.com/SMB_Attorney/status/1648302869517312001?s=20

If you aren't on Twitter, I highly recommend it.

2/
I plan to see what I can get AgentGPT to do.

agree with all the comments saying 'trust but verify' with chatGPT. It also continues to struggle w/ Financials

**UPDATE**

Nothing crazy so far, but it has been good for brainstorming or thinking of ways to articulate things.

I can really see where the next iteration of this thing could be a game changer though.

- fed it the "buy then build" target statement outline along with examples and asked it to generate target statements.

- gave it the criteria a good SOP should contain and then asked it to create one for different things.

- asked it to write an investment thesis on a couple different sectors. Fairly generic, but it got better as I gave it more info and asked better questions.

- It does ok with questions like: provide examples of small businesses that provide niche mission critical services.

- It can write app script/code for google sheets,python, etc... I'm sure someone more 'code-savy' than I am could get it to write tools for financial analysis or valuation.

- gave it my resume and DISC profile and asked it the best way to convey my skills align with operating a small business. Generic response, but I think with more prompting it could get better.

- asked it to act like a CPA, Private Equity Analyst, & Investor and then prompted it with various questions.

Reply by a professional
from University of Southern California in North Palm Beach, FL, USA

I used a bot to compose a song. I told the bot: “Buying a business.”

SORRY FOR THE MERGED FORMATTING BY THIS WEBSITE)

Verse 1 In this crazy world it’s hard to find a place Where I can call my own and take control of my future days What the world needs now is an entrepreneur who's brave Ready to think and move and purchase their own place Chorus Buying a business, putting faith to the test Seeking out the challenge and moving with zest Passion drives me to deciding then, I'm buying a business Ready to give my all to make it my success Verse 2 I'm working with my Business Buyer Advocate [Ted Leverette], who'll show me the way Finding the best fit for the time and price I can pay Getting all the paperwork ready, trying to escape the maze Now's the time to take the plunge and embrace the change Chorus Starting up a business, putting faith to the test Seeking out the challenge and moving with zest Passion drives me to deciding then, I'm buying a business Ready to give my all to make it my success Bridge So don't underestimate me, I'm on a mission today A new business is waiting and I'm ready to change the way It's a bold statement I'm making, time for some risk to be taken It's my time to shine and little does anyone know I'm buying a business Chorus Buying a business, putting faith to the test Seeking out the challenge and moving with zest Passion drives me to deciding then, I'm buying a business Ready to give my all to make it my success

Reply by a searcher
from University of Colorado at Boulder in Camas, WA, USA

I am completely intrigued by AI. Last year, I started playing with DALL-E to create pictures for an investment offering I was working on. It was neat to be able to tell it what I was looking for and have it appear within a few seconds... ChatGPT is a whole new level. I was asked to create some content to explain Rule 506c Investment Crowdfunding and decided to see if AI would create the blurb. And it did. Without errors. I know it's unexpected that it will work this well every time but it's intriguing to know that it's getting smarter all the time.

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