David Grau Sr.
๐ค SpeakerAppearances Over Time
Podcast Appearances
I consider a small business, I mean, there's lots of definitions out there.
It depends on what country you're in and even what industry you're in.
But I think of a small business as...
at least one person up to about 100.
And so you can have a small business that's twice that size.
But but most of my clients, most of the people I consult with are somewhere between five people and about 25 people, owners and employees alike.
And so at that size,
AI is out there on the horizon for them as far as being a game changer.
I was working with a CPA firm a couple of weeks ago that's literally working on plans for its third generation of ownership.
And then as part of the spreadsheet and process, we'll even include generation four.
Not many businesses get that far.
I asked them, you know, because I came from the law profession.
They're in the accounting profession and do tax returns.
I said, so will AI in your lifetime, and I'm speaking to the senior owners, they're all in their 60s, my age.
I said, will AI change your business significantly?
Faster tax returns, less time, more profits.
And they said,
No, we are not seeing it yet.
It is making our meetings go faster.
It can take notes.