Episode 006: Can an Old School Business Use AI to Become More Valuable, Efficient, and Sale-Ready?
Manage episode 500444516 series 3682144
Episode 006: Stephen Peterson shares how even “old school” businesses can harness AI—specifically tools like ChatGPT-5—to document processes, capture institutional knowledge, and dramatically improve efficiency. Using his step-by-step SOP creation method, Stephen shows how recording key roles, interviewing staff and management, and layering in AI-generated clarity can:
Increase efficiency & cut costs by reducing unnecessary touchpoints.
Protect against employee turnover by making every position replaceable through clear documentation.
Boost business value for private equity or sale by showing scalable, transferable processes.
Identify & fix bottlenecks in operations and supplier relationships.
Engage employees by involving them in process improvements, leading to buy-in and even promotions.
Stephen explains why SOPs aren’t just “paperwork” but a business’s secret sauce—critical for attracting investors, ensuring continuity, and uncovering hidden growth opportunities. He also warns this is a time-intensive but high-return investment that can pay off in efficiency, margins, and sale price.
📬 Need help applying these ideas? Visit the “Work With Me” tab at findyoursource.pro to connect with Stephen for consulting, process audits, and tailored growth strategies.
9 episodes