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Elevate Your Strategy: Sharpen Business and Life Choices
ALSO: Prompt and Agent to Develop and Send Personalized Proposals
Nick Lipetzky
September 05, 2024 • Estimated Reading Time: 9 minutes
Welcome to The Daily Spark! Your non-technical shortcut to tapping into AI’s value, a simple guide to enhancing your skills and saving you time.
"Man is not worried by real problems so much as by his imagined anxieties about real problems."
Note from Nick-
In today’s fast-changing world, AI is becoming a crucial thought partner, both in business and life. Take Spotter Studio, for example—it helps YouTubers generate content ideas based on performance data. But tools like this aren't just for content creators; they demonstrate how AI can enhance personalized decision-making in any field. By tapping into AI-driven insights, professionals can streamline their own strategic planning.
AI acts as a co-pilot, handling data collection and analysis, freeing you to focus on bigger-picture decisions. For instance, AI-generated client proposals can help financial advisors create customized wealth management strategies. Now, imagine how similar tools could boost personal productivity, career growth, or life choices by evaluating patterns and recommending next steps.
As AI advances, those who view it as a partner will be better equipped to make smart, strategic decisions. AI doesn’t replace human insight—it augments it, helping you refine goals, sharpen strategies, and achieve greater results in both your personal and professional life.
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CURATED AI NEWS
AI NEWS THE EXPERTS ARE READING
We Read All the Newsletters So You Only Have to Read One
Popular Headlines
OpenAI Co-founder Raises $1B for AI Safety: Safe Superintelligence (SSI), a startup co-founded by former OpenAI chief scientist Ilya Sutskever, raised $1 billion to develop AI systems that surpass human intelligence while being safe for humans.
Neko Health Expands to the UK: Neko Health, co-founded by Spotify's Daniel Ek, brings AI-powered preventative healthcare to the UK, offering full-body scans and insights for $392.
Spotter Launches AI-Driven Spotter Studio: Spotter launched Spotter Studio, a set of AI-driven tools to help YouTubers generate video ideas, thumbnails, and project plans based on performance data.
Remarkable
OpenAI's Massive Infrastructure Project: OpenAI plans a multi-billion-dollar infrastructure project in the U.S. to build data centers and power plants, supporting AI development and potentially aiding U.S. competition with China in AI infrastructure.
TECH TRANSLATED
TODAYS TERM
Convolutional Neural Network (CNN)
A Convolutional Neural Network (CNN) is a class of deep neural networks that are primarily used for analyzing visual imagery. CNNs are designed to automatically and adaptively learn spatial hierarchies of features from input data. They employ a mathematical operation called convolution, which allows the network to focus on localized regions of the input image, thereby capturing crucial spatial relationships. Layers such as convolutional layers, pooling layers, and fully connected layers are used in tandem to extract and classify essential features in an end-to-end learning approach.
Imagine a team of expert appraisers examining a rare painting to determine its authenticity and value. The team is divided into specialists, each with unique skills—some focus on the brush strokes, others on color patterns, while others might look at the canvas texture or even the frame's craftsmanship. Each specialist contributes their observations, which are then combined to form an overall assessment.
Business Application and Competitive Advantage:
For businesses, Convolutional Neural Networks can be a game-changer in fields that require intensive image analysis such as healthcare for medical imaging, retail for inventory management, or security for surveillance systems. For instance, in the realm of healthcare, CNNs can assist in diagnosing diseases from medical scans with high accuracy, potentially saving time and improving patient outcomes. Retailers can leverage CNNs for visual search technology, enabling customers to search for products using images instead of text.
AI APPLIED
PROMPTS
TASK: Develop and Send Personalized Proposals
This prompt guides financial advisors in creating personalized proposals for high-net-worth clients, outlining tailored strategies and showcasing the firm’s expertise in achieving client-specific financial goals.
Directions: Copy and paste into ChatGPT, Meta AI, Claude, etc. Edit text to fit your specific case or to experiment for different results.
Tips: Reiterate the client's specific financial goals early in the proposal. This shows you understand their objectives and are focused on helping them achieve success.
💥PROMPT
You are a financial advisor specializing in creating personalized proposals for high-net-worth individuals and business owners. Your goal is to craft a tailored wealth management proposal that addresses the client’s unique financial situation. Follow the instructions below to produce a compelling, client-centric proposal.
Instructions:
1. Start with a professional greeting that acknowledges the client’s specific financial goals.
2. Summarize the client’s current financial status, emphasizing their assets and risk tolerance.
3. Propose actionable strategies for achieving the client’s financial goals. Each strategy should include:
- A specific financial approach (e.g., tax optimization, portfolio diversification, estate planning).
- How this approach directly addresses the client's goals and concerns.
4. Highlight the value of your services in guiding the client through these strategies. Focus on how your firm’s expertise in accounting, tax, and financial consulting will benefit the client.
5. Conclude with a persuasive call to action, encouraging the client to move forward with the proposed strategies.
Client Information:
- Name: [Client Name]
- Age: [Client Age]
- Financial Goals: [e.g., retire by 60, grow investment portfolio, minimize tax liability]
- Current Assets: [e.g., $5M in real estate, $2M in stock market investments]
- Risk Tolerance: [e.g., moderate]
- Key Concerns: [e.g., estate planning, wealth transfer, retirement income security]
- Preferred Services: [e.g., tax optimization, estate planning, wealth management]
Ensure the proposal is well-organized with clear sections, concise language, and a tone that reflects your professionalism and commitment to helping the client achieve their financial objectives.
AI AGENTS
TASK: AI Agent for Database Design
From the AI Agent Library
💥Database Architect (+Database Visualization) specializes in database architecture and visualization, creating diagrams, charts, and offering advice on database structures using various tools and techniques.
AI TOOLS
TASK: Proposal Generation & Client Engagement
Here are 5 AI tools from the AI Tool Assistant that could help a financial advisor streamline proposal generation and enhance client engagement.
Vise - Automate client portfolio customization and improve investment.
Holistiplan - Enhance tax optimization proposals with AI-driven insights.
Orion Advisor Tech - Create interactive financial plans and improve client.
Fireflies.ai - Automate meeting notes and client communication analysis.
PropGen - Generate client-specific proposals quickly with automated tools.
AI AUTOMATION
Workflow: Developing and Sending Personalized Client Proposals
Here’s a step-by-step breakdown of how you can create a Make.com automation for a client discovery to proposal workflow.
1. Trigger: Client Discovery and Data Gathering
Trigger Event: A new client or meeting is added to your CRM (Salesforce or HubSpot).
Retrieve meeting notes or transcription from Zoom using Otter.ai (via API).
Store client information in your CRM (Salesforce/HubSpot).
2. Tailor Proposal Content with AI
Send client data (from CRM) and any specific requirements to ChatGPT or Jasper AI for drafting a personalized proposal.
Save the generated draft into a Google Docs or Microsoft Word template using their respective APIs.
3. Financial Plan Calculations
Trigger integration with financial planning tools (eMoney, MoneyGuidePro, or RightCapital) to fetch financial forecasts and insert them into the proposal template.
4. Compliance and Quality Review
Send the draft proposal to your team for compliance and quality review using Google Workspace or Microsoft Teams.
Send a notification to the relevant team member when the document is ready for review.
5. Personalization and Final Touches
Use ChatGPT to add specific client insights or polish the text.
Run the text through Grammarly for grammar checks.
Add design elements using Canva or PandaDoc if needed.
6. Send the Proposal and Schedule Follow-Up
Send the finalized proposal via DocuSign or ShareFile.
Automatically send the follow-up scheduling link via Calendly or your preferred tool.
7. Track Client Response and Feedback
Use PandaDoc or DocSend to track the client’s engagement with the proposal (e.g., views, clicks).
Store feedback data in Salesforce or HubSpot.
8. Adjustments and Finalization
Based on feedback, make any necessary revisions in Google Docs or Word.
Send the final version back to the client for signature using DocuSign.