A Blog by Nick Cosimano

Talking about Startups and Business

  • Don’t Do The Wrong Job.

    Listen up: Imagining is just as important as implementing. Don’t believe me? Think about it: ✅ You need someone to dream up the idea✅ You need someone to understand how to implement it✅ You need someone to execute it flawlessly But here’s the catch: just because you can imagine it, doesn’t mean you should implement…

  • Imagination vs Implementation

    Who’s more important in a business: 1. The person who dreams, or2. The person who executes? It’s not a trick question. Both are equally important. The strategist generates the idea, while the implementer brings it to life. Here’s the kicker: the strategist does not necessarily have to be the implementer. In fact, it’s often better…

  • LLMs can’t replicate empathy.

    LLMs can’t really replicate empathy. For businesses outside the tech industry, implementing LLMs can seem daunting. But “AI” isn’t here to steal your job, at least not thus year — it’s here to give you a booster rocket. LLMs can: – Analyze data– Optimize the workflow– Enhance customer interactions But some things it can’t do:…

  • AI is like a hammer.

    AI is like a hammer 🔨 It’s a tool to build something, but not a house in itself. But what about the traditional businesses? The real opportunities lie there,in businesses that haven’t yet embraced AI. What sets them apart?They have proprietary data, but they haven’t leveraged it. Think about the amazing niche data they have….

  • Buy an existing business, or start one up?

    Let’s talk about business. It’s risky.It’s hard.It’s emotional. But it has the potential for unparalleled reward. So you have to ask yourself: 🤔 Do you want to buy an existing, successful business?🤔 Or do you want to start one from scratch? Buying is a head start on profitability, customer base, and reputation. But if it’s…

  • Using AI to flip a business

    Buying small businesses might be taking an interesting turn as AI has entered the game. You can buy a business you understand for 2-3X EBITDA. Intelligently add AI. I’m not talking chatbots… I’m talking data analysis, automation, etc. Sell it for 5–10x EBITDA in 12-24 months? Keep it for cash flow and buy the next…