AI Mavericks

AI Mavericks

Events Services

Lehi, Utah 85 followers

The #1 AI & Business Growth Community in the world.

About us

AI Mavericks is an event management company that produces the #1 AI & Business Growth Events in the world. Attendees include Founders, CEOs & Leadership Teams that want to build great companies and learn how to implement AI as an important part of their business growth strategy. The company was founded by Scott Duffy in 2023.

Website
https://aimavericks.ai
Industry
Events Services
Company size
2-10 employees
Headquarters
Lehi, Utah
Type
Partnership
Founded
2023
Specialties
Event Management, Event Production, Artificial Intelligence, and Business Growth

Locations

Employees at AI Mavericks

Updates

  • 💡 Building a Successful Company Is About More Than Just Doing the Right Things—It’s About Doing Them in the Right Order! 💡 When things are done out of order, the pyramid collapses. 🏛️ But when you build with intention, success follows. 🔑  Success Pyramid:  1️⃣ Support  2️⃣ Sales  3️⃣ Marketing/PR  4️⃣ Distribution/Shelf Space  5️⃣ Product/Service  6️⃣ Target Customer  7️⃣ Capital & Resources  8️⃣ Business Plan  9️⃣ People  🔟 YOU Success is built on strategic sequencing—focus on doing the right things at the right time. 🚀 #BusinessStrategy #Leadership #Entrepreneurship

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  • 💡 The First Step to Raising Capital: Creating Your Target Investor Avatar 💡  1️⃣ Background: Investors prefer businesses they understand. Pitching a tech deal to a real estate investor is a waste of time. 🎯  2️⃣ Investment Stage: Determine whether they invest in the idea stage, pre-revenue, or post-product. 🏁 3️⃣ Check Size: What’s their average investment size? Don’t create a disconnect by asking for $100K when they typically invest $10K. 💵  4️⃣ Expected ROI: Understand their ROI expectations—5%, 10%, 50%? Does your business align with what they’re seeking? 📈  5️⃣ Capital Return Timeline: Are they looking for a short-term or long-term return on their investment? ⏳ 6️⃣ Decision-Making Process: Is the person you’re speaking with the final decision-maker, or will others be involved in the process? 🗣️ Mastering these elements is crucial to attracting the right investors and securing the capital you need to grow your business. 🚀 #Leadership #Fundraising #Entrepreneurship

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  • Over the past 30 years, I’ve interviewed hundreds of founders, CEOs, athletes, entertainers, and influencers who are the best in the world at what they do. Each Thursday, I reflect on my favorite throwback interviews and share one or two outstanding lessons. This interview was different and one of the highlights of my professional career. Growing up, I was a huge fan of Pat O’Brien. Pat was an iconic sports broadcaster who later became the host of Entertainment Tonight and Access Hollywood. Pat has one of those memorable “voices”. Once you hear it, you’ll never forget it. What was cool about this interview was that I was not interviewing Pat. He was interviewing me! And after the interview, we had a chance to hang out for a bit. Of course, I was locked and loaded with questions and things I wanted to learn. Here was the biggest lesson. I asked Pat, “How do you prepare for an interview”? He said, “Let me turn that question around. How do you prepare”? I talked about how I studied who I would be interviewing. I tried to learn as much as I could about them. I may read their books or watch videos online. Pat told me that’s how we started. But to be a GREAT interviewer, it was the wrong approach. He said the key to being a great interviewer is 1) Doing very little upfront research. Having enough information to guide or redirect a conversation if necessary 2) Being a great LISTENER. He said the problem with over-preparing is that you stay in your head trying to remember what to ask, and because you are not listening, you can’t have or guide a real conversation. You miss all the great opportunities that emerge. It makes so much sense. That conversation completely changed how I approached my interviews. The conversations got “real”. People started going deep. What was amazing was that I stayed in contact with so many of the people I interviewed for years because of the real conversations and connections we made upfront.

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  • 💼 8 Critical Agreements to Have with Your Business Partner:  1️⃣ Equity Ownership: Clearly define who owns what percentage of the company’s equity. 📊  2️⃣ Contributions: Outline what each partner will contribute to the business and the timeline for those contributions. 💼  3️⃣ Time & Effort: Agree on how much time and effort each partner is expected to dedicate to the company. ⏳  4️⃣ Compensation: Establish how much each partner gets paid and the timing of those payments. 💰  5️⃣ Expense Policy: Create a clear policy for business expenses and how reimbursements will be handled. 📝  6️⃣ Decision-Making Authority: Determine if one partner with more shares has greater decision-making power. 🏛️  7️⃣ Exit Strategy: Plan for what happens if one partner decides to leave the business. 🚪  8️⃣ Selling Interest: Define the terms under which a partner can sell their interest in the company. 🔄 A solid partnership starts with clear agreements—don’t overlook these crucial points! 🚀 #BusinessPartnership #Leadership #Entrepreneurship

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