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21st Century Entrepreneurship

Lior Weinstein: How to Harness AI and Tech for Business Success

14 Dec 2024

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Lior Weinstein is a lifelong entrepreneur, founder of CTOx, and a pioneer in fractional leadership. Starting his first company at 14, Lior has since built and sold multiple tech companies. Now, as a fractional CTO and CRO, he helps businesses unlock their potential by bridging the gap between vision and execution. We spoke about the challenges CEOs face in navigating technology, the transformative power of AI, and how fractional roles redefine leadership.One of the most striking points Lior makes is the importance of communication in tech leadership:"If you meet another professional and you don’t understand them, you should actually think about that. If they knew what they were talking about, they’d be able to explain what they do and how you can work together.”Here’s what you’ll learn in this episode:Choosing the Right Tech Partner: Lior shares why not understanding your CTO or tech team is a red flag, emphasizing the need for clear communication to ensure collaboration and results.Unlocking AI's Potential: With over 20 years in AI and five patents, Lior breaks down how tools like ChatGPT work and why it’s crucial to adopt AI in business. “If you’re not actively using AI, I consider it professional negligence.”Rethinking Software and Development: Learn about the shift from software-as-a-service to service-as-software and how AI makes building custom solutions accessible and affordable.Fractional Leadership’s Value: Discover how fractional roles, like CTOs and CROs, provide expertise at a fraction of the cost while delivering full-scale impact. As Lior puts it, “My clients need my leadership, not my labor.”Future-Proofing Your Team: Why resistant staff might not be part of your company's future and how to foster a mindset that embraces rapid innovation.Lior also reveals how AI tools are transforming workflows by collapsing timelines from weeks to minutes. “We’ve eliminated 80% of first-month decisions by using tools that provide instantaneous feedback loops.”This episode is packed with actionable insights for CEOs, tech leaders, and anyone looking to thrive in a tech-driven world. Don't miss Lior’s perspective on how combining leadership, vision, and AI can drive unparalleled growth.

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