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Conversations, presentations, and readings about democratizing smart technology such as Artificial Intelligence to benefit everyone and reshaping our civilization for beneficial outcomes and a better future in the Smart Technology Era. It takes us on a holistic sense-making journey and lays a foundation to synthesize a more balanced view and better understanding of smart technology, its applications, its benefits, its risks, its limitations, its progress, and its likely future paths. Our current civilization is on a problematic trajectory where we struggle with sense-making, meaning-making, wealth gaps, job loss, catastrophic risks, discrimination, data abuse, bias, human agency, dependence lock-in, institutional decay, disorder, and destabilization of society. We need visionary leadership, collective sense-making, wisdom, and practical actions to ensure that humanity and our civilization is moving in the right direction as we work towards unlocking the tremendous potential of smart tech.
Episodes
Sunday Sep 17, 2023
Sunday Sep 17, 2023
#89 Selling Your Startup - How to Build a Company then Successfully Exit - Learnings from GE Sale
https://youtu.be/I11h9ixNROY
Failing to Success Podcast : https://youtu.be/sJ2OAuj_Nw4?si=kdJa0DfPh2Oeho8x
📌 Successful Exit: Selling a company like Dr Jacques Ludik's to a major player like General Electric is a dream for entrepreneurs, showcasing the potential of AI-driven ventures.
📌 Strategic Focus: Making smart decisions, like focusing on specific industries, enables growth. CSense Systems chose the industrial sector, leveraging data for impactful AI solutions.
📌 Partnering for Success: Strategic partnerships, both with clients and distribution partners, can enhance credibility and expand market reach.
In this episode 171 of "Failing to Success", Dr Jacques Ludik, CEO of Cortex Logic, delves into his journey of creating and selling AI-driven businesses, particularly his experience of selling a company to General Electric (GE). The discussion unveils the process of the acquisition, the key lessons learned, and the strategic decisions that led to success. Ludik emphasizes the significance of aligning with the right partners, focusing on specific industries, and the value of data in developing real-time AI solutions. The episode also covers the challenges of innovation within large corporations and the immense potential of AI to drive business growth.
Chapters:
00:00:00 Intro
00:00:15 The Big Exit - Selling to GE
00:02:35 Lessons Learned
00:12:54 How to Get Acquired by GE
00:14:52 Books Authored by Jacques
00:16:23 Contact Jacques
"Democratizing Artificial Intelligence to Benefit Everyone: Shaping a Better Future in the Smart Technology Era" - jacquesludik.com
#AIinBusiness #EntrepreneurialJourney #AIInnovation #StrategicPartnerships #BusinessAcquisitions #IndustrialAI #EntrepreneurialLessons #SuccessInAI #CorporateInnovation #AIforIndustries
Dr Jacques Ludik, Cortex Logic, AI in Business, Entrepreneurial Journey, AI Innovation, Strategic Partnerships, Business Acquisitions, Industrial AI, Entrepreneurial Lessons, Success in AI, Corporate Innovation, AI for Industries, General Electric, Selling a Company, Data-Driven Solutions, Real-Time AI, Lessons Learned, Business Growth, Innovation Challenges
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