Until Summer 2024 I offered creating simple business plans for startups. I did that on my website and on Fiverr for about 120 € each. I stopped that for the lack of orders and a lot of weird questions regarding my gig which never ended in a purchase. The prospects were obviously looking for excuses for not ordering my service. Looking at other work about 50% of my personalized offers generate a contract. The gig was meant as entry offer for learning to know each other and sell more services later. I used a template and filled it with data from the client, then I added some treated and interpreted market data to make an earnings prediction. The origin of the data was publicly available sources.
Artificial Intelligince (AI) is really good at working with data and templates from the web. Actually I am using the AI behind Google Gemini. For testing I asked it to write a business plan for a dog grooming business, later I asked it for market data for dog grooming in Germany.
The result was a really nice plan – you can download it here. It was a working example for a plan with estimations done by AI.
For first orientation the plan is really good, and it looks nice. I even think it is possible to apply for a loan at the bank.
I checked the numbers: the market data is quite generic, the assumed sales price is not confirmed by market research, and there are no scenarios. What to expect for free? My former prospects group, who did not want to pay more than 120 € for a business plan, is obviously happy with the very cheap plans delivered by AI.
So Artificial Intelligence took my side job. Maybe it is similar to what they did to map suppliers with their free Google Maps. I use Google Maps frequently and consider it to be technological progress. Google Gemini as one example of an AI chatbot offer requires a subscription for full functionality.
