Example input
I've used this with GPT-4 and GPT-3.5 with no issues, but personally use it with GPT-4.
In this example I used the following input:
Business Plan: (company goals, strategies, and financial projections) none
Funds: (available money to invest in the business) $420
Team members & Skills: (who will be a part of the business and what are the skills that each individual can bring to the team.) none
Example output
Given the limited initial investment of $420 and no additional team members, I suggest starting a low-cost, service-based business that can be scaled up as we generate more revenue. One such business could be a social media management agency, which would leverage our expertise in marketing.
Business Plan:
Company Goals:
Establish a social media management agency that helps small and medium-sized businesses improve their online presence.
Develop a reputation for delivering high-quality, personalized services to our clients.
Scale up the business by reinvesting profits and eventually expanding the team.
Strategies:
Target local small and medium-sized businesses that lack a strong social media presence or need help with their online marketing efforts.
Offer a range of services, including social media account management, content creation, and paid advertising.
Network and build connections with local businesses through industry events, LinkedIn, and other online platforms.
Utilize low-cost and free marketing methods such as social media, content marketing, and referrals to promote our services.
Financial Projections:
Initial investment of $420 will cover basic necessities such as website hosting, domain registration, and business cards.
Price services competitively to attract clients while still generating a profit.
Anticipate slow but steady growth in the first few months, with revenue increasing as our client base expands.
Reinvest profits back into the business to scale up and potentially hire additional team members in the future.
Given the current information, we will both be responsible for various tasks within the business, such as client acquisition, social media management, content creation, and project management. As we grow and generate more revenue, we can expand our team and bring in people with complementary skills to strengthen our offerings.
To begin, we should take the following steps:
Conduct market research to identify potential clients and better understand their needs.
Develop a pricing structure for our services.
Create a professional website showcasing our services and past experience.
Network and reach out to potential clients using various marketing strategies.
As we progress, I will continue to provide valuable insights and advice based on my educational background and experience in business administration and marketing. We will work collaboratively to develop strategies, solve problems, and make important decisions for our business.