Wash, Rinse, and Repeat
E13

Wash, Rinse, and Repeat

Summary

In this conversation, Jim Donio and Jeremy Ryan discuss the importance of monitoring trends for small businesses, particularly in the retail and food sectors. He emphasizes the use of Google Trends and AI tools to adapt quickly to market changes, automate responses, and systemize operations for seasonal trends. The discussion also covers the future of automation in business and explores specific inventory management solutions that leverage AI to optimize stock levels and forecast demand.

TOOLS & RESOURCES

AI'S JOKE

I tried to start a trend of wearing camouflage pants, but no one saw it coming.

TAKEAWAYS

  • Monitoring trends is crucial for small business success.
  • Google Trends is underutilized by many small business owners.
  • AI tools can automate responses to market trends.
  • Setting up alerts for trends can give businesses a competitive edge.
  • Systemizing operations can simplify yearly planning.
  • Automating repetitive tasks frees up time for business owners.
  • AI can help in inventory management and forecasting demand.
  • Understanding seasonal trends is vital for retail businesses.
  • Businesses should not start from scratch each year; systemization helps.
  • The future of business automation is promising with AI advancements.

CHAPTERS

00:00 Introduction to Trends in Business
02:54 Utilizing Google Trends for Business Adaptation
06:01 Automating Business Responses to Trends
09:09 Systemizing Business Operations for Seasonal Trends
12:01 The Importance of Monitoring Trends
14:50 AI Tools for Inventory Management
18:02 Future of Automation in Business
20:54 Exploring Inventory Management Solutions

Creators and Guests

Jeremy Ryan
Host
Jeremy Ryan
CIO at Polarity, having fun with innovation, creative technology, and AI (through hard word)
Jim Donio
Host
Jim Donio
CEO at Polarity, serial entrepreneur, equity partner, and award-winning leader in business innovation