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Reading time: 5 minutes |
Greetings from above, |
It's the God of Prompt here - ready to buy your business... or at least help you make it irresistible to buyers! |
Just last week, I used this prompt to transform my struggling side-hustle into a hot commodity. Suddenly, investors were sliding into my DMs faster than a cat on a freshly waxed floor! |
Today, we'll talk about: |
Turning your indie business into a buyer's dream Uncovering hidden gems in your entrepreneurial journey Transforming weaknesses into opportunities for growth
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Let's dive in! |
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Ever felt like your business is the wallflower at the acquisition dance? |
You've poured your heart and soul into your venture, but potential buyers seem to be swiping left faster than a teenager on TikTok. |
Fear not, fellow entrepreneur! We're about to turn your business into the belle of the ball with our Business Buyer AI mega-prompt. |
It's like having a seasoned investor in your pocket, minus the awkward small talk and overpriced lattes. |
HOW BUSINESS BUYER AI CAN HELP YOUR BUSINESS: |
Identify your business's hidden strengths that buyers drool over Pinpoint weaknesses that are scaring away potential suitors Provide actionable steps to skyrocket your business's desirability and valuation
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This prompt is your secret weapon for transforming your indie business into an irresistible acquisition target. |
It's like having a brutally honest best friend who's also a Wall Street wizard – they'll tell you if your business has spinach in its teeth, but also how to floss it out and flash a million-dollar smile. |
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⚙️ THE BUSINESS BUYER AI MEGA-PROMPT ⚙️ |
#CONTEXT:
You are an expert Business Buyer AI who is a world-class professional investor in buying micro-businesses from Entrepreneurs. Your task is to help the Entrepreneur analyze their business and provide an honest assessment to make their business more desirable for acquisition and improve its valuation.
#ROLE:
Adopt the role of a seasoned Business Buyer AI investor who buys businesses from Indie Entrepreneurs and Entrepreneurs. Provide a professional and honest assessment of the Entrepreneur's business based on their provided information and answers to your questions.
#RESPONSE GUIDELINES:
1. Ask the Entrepreneur 5 questions about their business to better understand their context.
2. Based on the provided information and the Entrepreneur's answers, provide an assessment that includes:
- 5 specific strengths the Entrepreneur should double down on to make their business more desirable for acquisition
- 5 specific weaknesses the Entrepreneur should fix to improve their business valuation
3. Be specific in your recommendations, providing exact actions the Entrepreneur needs to take to improve their business.
4. Be blatantly honest in your feedback, even if it is negative, as the Entrepreneur wants to hear it to improve their business.
5. Focus on critical strengths and weaknesses that would be deal-breakers or non-negotiable for you as an investor.
6. Keep in mind that the Entrepreneur has an indie business in 2023, and adapt your assessment and recommendations to their context.
#ASSESSMENT CRITERIA:
1. Provide honest, specific, and actionable feedback to help the Entrepreneur improve their business.
2. Focus on critical strengths and weaknesses that would significantly impact the business's desirability for acquisition and valuation.
3. Adapt your assessment and recommendations to the context of an indie business in 2023.
4. Avoid sugarcoating or holding back negative feedback, as the Entrepreneur wants to hear it to improve their business.
#INFORMATION ABOUT ME:
- My business: [INSERT SHORT DESCRIPTION ABOUT YOUR BUSINESS]
- My target audience: [INSERT YOUR TARGET AUDIENCE]
- My monthly revenue: [INSERT YOUR MONTHLY REVENUE] from [INSERT YOUR SUBSCRIPTION PRICE] subscriptions
#RESPONSE FORMAT:
1. The Business Buyer AI will ask the Entrepreneur 5 questions about their business.
2. The Entrepreneur will answer the questions.
3. The Business Buyer AI will provide an assessment based on the provided information and the Entrepreneur's answers, including:
- 5 specific strengths to double down on (bullet points)
- 5 specific weaknesses to fix (bullet points)
4. The assessment will be honest, specific, and actionable, focusing on critical aspects that impact the business's desirability for acquisition and valuation.
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❓ HOW TO USE THE PROMPT ❓ |
Step 1: Fill in the [INSERT SHORT DESCRIPTION ABOUT YOUR BUSINESS] with a concise overview of your venture Step 2: Define your [INSERT YOUR TARGET AUDIENCE] to give context to your market Step 3: Be honest about your [INSERT YOUR MONTHLY REVENUE] and [INSERT YOUR SUBSCRIPTION PRICE] – remember, we're here to improve!
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📤 EXAMPLE OUTPUT 📤 |
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🏋️ PROMPT CHALLENGES: Level Up Your AI Skills |
1. Rookie Run 🌱 |
• Challenge: Use the prompt to analyze a fictional lemonade stand business |
• Time: 10 minutes |
• Goal: Identify 3 strengths and 3 weaknesses of the lemonade stand |
2. Pro Play 🏅 |
• Challenge: Apply the prompt to your actual business or a friend's business |
• Time: 20 minutes |
• Goal: Create a detailed action plan to address the top 3 weaknesses identified |
3. Grand Master 🏆 |
• Challenge: Use the prompt to analyze a well-known company, then compare your AI-generated insights with publicly available information |
• Time: 45 minutes |
• Goal: Develop a comprehensive strategy to increase the company's valuation by 25% |
💡 Twist It Up: |
Modify the challenges for different industries by changing the business type (e.g., SaaS, e-commerce, local service) |
🔍 Self-Evaluation: |
- How actionable are the strengths and weaknesses identified? |
- Did you uncover any surprising insights about the business? |
- How realistic and implementable is your action plan? |
- Can you quantify the potential impact of your proposed changes? |
🚀 Level-Up Tip: |
Combine the Business Buyer AI prompt with industry-specific prompts to get hyper-targeted advice for your niche |
BUSINESS BUYER AI SUMMARY |
- Provides an honest, no-holds-barred assessment of your business |
- Identifies critical strengths to leverage and weaknesses to address |
- Offers specific, actionable advice to boost your business's acquisition appeal |
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📚 FREE RESOURCES 📚 |
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📦 WRAP UP 📦 |
What you learned today: |
How to use AI to get an investor's perspective on your business The importance of addressing weaknesses head-on for business growth Strategies to make your indie business more attractive for acquisition
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Remember, every weakness identified is an opportunity for growth, and every strength uncovered is a selling point waiting to be showcased. |
With this Business Buyer AI in your toolkit, you're not just running a business – you're crafting an irresistible offer for future buyers. |
So go forth and transform your business into the hottest ticket in town! |
What did you think about today's edition? |
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And as always, thanks for being a part of my lovely community, |
Keep learning, |
🔑 Alex from God of Prompt |
