Episode Summary

In this episode, Grant Covault and Tyler Davis get real about AI and the way tools like ChatGPT actually fit into day to day business. They dig into the gap between the hype and the reality, the difference between free and paid versions, and why blindly trusting AI is a fast track to sloppy work and bad decisions.

They break down how they use ChatGPT in their own worlds, what it consistently gets wrong, and where it actually creates real value. From SOP building, communication cleanup, and transcription, to research and process improvement, they highlight the practical use cases that work and the pitfalls that don’t.

No sci-fi fantasies. No fearmongering. Just straight talk on how to use AI responsibly and effectively.

What We Cover

• Why the AI hype cycle is misleading

• Free vs paid ChatGPT tiers and how to pick

• Setting up custom instructions and memory

• The “agreeable problem” and how to force real critique

• Research traps, hallucinations, and verification

• Using ChatGPT for SOPs, processes, transcripts, and communication

• Where AI fits today in accounting, marketing, and operations

• Why business leaders need to understand AI even if they don’t like it

Takeaways

AI isn’t a magic assistant, and it’s not replacing anyone tomorrow.

It’s a tool that amplifies what you already do, good or bad.

If you guide it well, it makes your work faster and clearer.

If you don’t, it’ll show up in your output immediately.

Listen and Subscribe

Follow the NextGen Strategies Podcast for real stories and practical strategies to help you build a healthier, smarter business.

Grant and Tyler hit the road to HR Butler’s new Columbus office to talk payroll, taxes, and total compensation with Tyler and Trent from HR Butler.

From overtime and tip credits to Ohio’s messy local tax system and rising benefit costs, this episode dives into what every employer needs to know heading into 2025. If you’ve ever wondered how to make payroll make sense—or how to actually retain people in a competitive market—this one’s worth your time.

In this episode:

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• The truth about the “Big Beautiful Bill”
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• What’s changing for overtime and tips
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• How Ohio’s local taxes really work
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• Why payroll is harder to keep in-house
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• The importance of total compensation statements
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• How benefits and transparency build loyalty
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🎙️ Joining us: Tyler & Trent from HR Butler

Watch more episodes of the NextGen Strategies Podcast:

https://www.youtube.com/@NextGenStrategiesPodcast

#NextGenStrategies #HRButler #Payroll #Taxes #BusinessLeadership #Podcast #HR #Compensation #SmallBusiness #OhioBusiness

We’re back. In this episode, Grant Covault and Tyler Davis kick off Season 2 by reflecting on what we learned from last year, what’s changing this year, and what’s coming next for the NextGen Strategies Podcast.

From lessons learned and standout conversations to exciting new projects on the horizon, this episode sets the tone for what’s ahead.

Want to learn more about Grant? | CLICK HERE

https://thegcstrategies.com/

Want to learn more about Tyler? | CLICK HERE

https://www.datcpa.net/

In this episode of the Next Gen Strategies Podcast, Grant Covault and Tyler Davis break down the newly signed “one big beautiful tax bill.” They discuss permanent changes like extended tax rates, higher standard deductions, and the qualified business income deduction, as well as new benefits such as tax-free cash tips, overtime pay exclusions, and increased estate tax exemptions. The episode also covers expanded credits for families, seniors, and charitable giving, plus updates to SALT deductions and 1099 reporting. Listeners gain practical insights on how these sweeping tax reforms impact individuals, business owners, and entrepreneurs.

Want to learn more about Grant? | CLICK HERE

https://thegcstrategies.com/

Want to learn more about Tyler? | CLICK HERE

https://www.datcpa.net/

Want to Learn More About Woodhull LLC? | CLICK HERE

https://woodhullusa.com/

In this episode of the Next Gen Strategies podcast, Robert Woodhull, president of Woodhull LLC, shares his journey from delivery truck driver to leading his family’s 75-year-old office equipment business. He discusses the challenges and rewards of working in a family enterprise, the importance of communication and culture, and the company’s transition to employee ownership. Robert offers insights on leadership, succession planning, and building a supportive workplace, highlighting how resilience and a strong sense of community have shaped both his personal growth and the company’s ongoing success.

Want to learn more about Grant? | CLICK HERE

https://thegcstrategies.com/

Want to learn more about Tyler? | CLICK HERE

https://www.datcpa.net/

In this episode of the NextGen Strategies Podcast, Grant and Tyler discuss the challenges and best practices of hiring, onboarding, and building effective teams. They share personal experiences and practical tips on recruitment, defining roles, creating resource libraries, and leveraging tools like learning management systems and AI. The conversation covers strategies for attracting talent, the importance of clear job descriptions, and fostering a supportive culture for both employees and contractors. Listeners gain actionable advice on streamlining onboarding, utilizing referrals, and preparing for business growth with scalable systems and transparent communication.

Want to learn more about Grant? | CLICK HERE

https://thegcstrategies.com/

Want to learn more about Tyler? | CLICK HERE

https://www.datcpa.net/

In this episode of the Next Gen Strategies podcast, Tyler Davis and Grant Covault share practical advice on scaling a business while keeping costs in check. They discuss the importance of managing cash flow, evaluating the necessity of office space and equipment, and maximizing the use of existing software tools. They emphasize testing product demand before investing heavily in inventory and stress the value of calculating ROI for all major expenses. Their insights help entrepreneurs grow their businesses efficiently, avoid unnecessary spending, and make informed decisions for sustainable success.

Want to learn more about Grant? | CLICK HERE

https://thegcstrategies.com/

Want to learn more about Tyler? | CLICK HERE

https://www.datcpa.net/

In this episode of the "Next Gen Strategies Podcast," hosts Tyler Davis and Grant Covault explore the crucial role of effective communication in business. They emphasize the importance of timely responses, clear messaging, and setting boundaries to build trust and maintain strong relationships with clients, partners, and employees. Sharing personal anecdotes and practical tips, they discuss managing email overload, the significance of structured meetings, and the benefits of using communication tools. The episode aims to help listeners enhance their communication strategies, ultimately leading to greater business success.