06/14/2026
What Every Business Owner Needs to know About AI
Five AI Terms Every Business Owner, Contractor, and Real Estate Investor Should Understand
By Samuel D. Ellis — Connect With Me
https://connect.asksamellis.com/
Partner, I've been in business for more than 40 years.
I've watched fax machines, pagers, cell phones, websites, email, and social media completely change the way we do business.
I remember when AOL first showed up. Most people thought the internet was only for computer experts. Then one day everybody was using email.
What seemed complicated suddenly became simple.
That's exactly what I see happening with artificial intelligence.
Many of the contractors, business owners, and real estate investors I talk to believe AI is too technical or too complicated.
I don't believe that.
I believe AI is becoming another tool, just like email became another tool.
The business owners who learn how to use it will have an advantage over those who don't.
Let me share five AI concepts every business owner should understand.
1. LLMs and SLMs — The Brain You Rent
2. Tokens — How AI Charges for Work
3. RAG — Turning Information Into Knowledge
4. Chatbots vs. Agents
5. Prompt Engineering — Learning How to Ask Better Questions
As a business owner, contractor, consultant, and real estate developer, I've learned that every generation faces new tools.
Some people ignore them.
Some people learn them.
The people who learn them usually create the greatest opportunities.
I don't believe AI replaces experience.
I believe AI multiplies experience.
When you combine decades of business knowledge with the right AI tools, you become more productive, more efficient, and more competitive.
That's why I'm paying attention.
And I think every business owner should be paying attention too.
Ready to learn more?
Claim your free copy of The 9th Disruption: The Rise of the Digital Employee and discover how business owners are using AI to save time, improve marketing, and create new opportunities.
https://ai.asksamellis.com