Title: The Scaling Strategy for Founders to Leverage AI & Capture the Knowledge Arbitrage - Eric Whitmoyer

AI for Business Owners

In this insightful episode of the AI for Business Owners Podcast, host Jeff Torello is joined by Eric Whitmoyer, Founder & CEO of My Biz Coaches, to unpack how entrepreneurs can smartly integrate AI and automation to save time, boost productivity, and overcome the overwhelm of running a business.

Drawing on three decades of entrepreneurial experience including leading retail wireless businesses to over $100M in revenue and founding 15 businesses. Eric shares his journey from analog pagers to AI, and how he now helps business owners grow from startup to exit.

Together, Jeff and Eric share thoughts about the evolution of technology, the trap of trying to do it all as a solopreneur, and why AI automation isn’t just for techies. Whether you’re buried in invoicing, marketing, or resume sorting, this conversation reveals simple, practical ways to reclaim your time with AI without sacrificing the human wisdom behind your business.

Key Takeaways

• Act Early on AI: Early adopters can gain a competitive edge before AI reaches mass adoption.

• Wisdom Over Info: AI provides data, but real business growth needs human insight and experience.

• Automate to Survive: Use AI for tasks like marketing, hiring, and CRM to save time and scale efficiently.

• Build a Virtual You: AI-powered avatars can share your expertise and attract leads.

• Pattern Power: Success comes from spotting business patterns AI and coaching together make that easier.

Noteworthy Quotes

“Information is one thing, wisdom is something else. You still need people with wisdom.” – Eric Whitmoyer

“The biggest arbitrage in technology happens in the first 3–5 years. That’s where market share is won.” – Eric Whitmoyer

“AI won’t take your job but someone using AI might.” – Jeff Torello

“The average business owner doesn’t have time to figure all this out. That’s where we come in.” – Eric Whitmoyer

“Pattern recognition is what separates great entrepreneurs. AI helps with that so can coaching.” – Eric Whitmoyer

Key Timestamps

00:00 – Introduction: Meet Eric Whitmoyer and his path from retail exec to business coach

02:00 – From 1M to 190M: Scaling wireless retail & making a timely exit

8:12 – Why Eric sees AI as the next wireless moment

10:29 – Large Language Models are the innovation but apps will drive mass adoption

19:30 – Wisdom vs. Data: Why AI can't replicate life experience

24:20 – Pattern recognition, coaching, and business insight

28:21 – Practical automation for small business: Funnels, marketing, CRMs

31:20 – How to auto-generate social posts and hiring automations

35:19 – Resume fraud, hiring pitfalls & AI screening hacks

39:09 – Why My Biz Coaches invests in AI learning for their clients

40:00 – Closing thoughts: Focus on what matters and let tech do the rest

FOLLOW OUR GUEST ERIC WHITMOYER ON:

LinkedIn: https://www.linkedin.com/in/ericwhitmoyer/

Website: https://www.mybizcoaches.co/

Instagram: https://www.instagram.com/mybizcoaches/

FOLLOW OUR HOST JEFF TORELLO ON:

LinkedIn: https://www.linkedin.com/in/jtorello/

Website: https://sinjun.ai/

FOLLOW SINJUN AI ON:

LinkedIn: https://www.linkedin.com/company/sinjunai/

Website: https://sinjun.ai/

X (Twitter): https://x.com/sinjunai

Instagram: https://www.instagram.com/sinjun.ai/

Facebook: https://www.facebook.com/Sinjun-AI/

FOLLOW AI FOR BUSINESS OWNERS PODCAST ON:

Spotify: https://open.spotify.com/show/3yi0lfb6ZtSuqRvKh6a2e1?si=88f9e649d1f546c8

YouTube: https://www.youtube.com/@AIforBizOwners

Apple Podcast: https://podcasts.apple.com/gb/podcast/ai-for-business-owners/id1823255627