Starting a business in artificial intelligence (AI) with just a deep understanding of AI can be a challenging endeavor. While your expertise in AI is crucial and forms the backbone of the business, there are other essential aspects to consider. You'll need to have a solid grasp of the business landscape, including marketing, finance, and operations. Understanding the needs of your potential clients and how your AI solutions can address those needs is vital. Moreover, you'll need to consider how to effectively communicate the value of your AI solutions to these clients. Additionally, managing a business, including hiring a team, fundraising, and navigating the legal landscape, requires skills that go beyond AI. While it's possible to pick up some of these skills along the way, having at least a basic understanding of them before starting the business can be beneficial.
The idea of becoming an AI prompt engineer or leveraging AI in various ways to start a business is promising. However, it's essential to keep in mind that building a successful AI business requires more than just a deep understanding of AI. It requires a comprehensive approach that takes into account the various aspects of running a business. To increase the chances of success, it's recommended to seek out resources and knowledge in areas beyond AI, such as business and entrepreneurship. This can be done through formal education, online courses, networking, or seeking advice from experienced entrepreneurs. Ultimately, starting an AI business with just a deep understanding of AI is possible, but it requires a willingness to learn and adapt to the various challenges that come with running a business.