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Building an AI Driven Consultancy With Cynthia and Rich Kerr, Founders of Wellpay AI
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In this episode, Raul dives into the journey of Cynthia Abbott Kerr and Richard Kerr, the power couple behind Wellpay AI. Cynthia, a former corporate executive, shares how a trip to Japan and Rich's encouragement led her to start a business focused on helping other companies design and align their pay strategies using AI. The discussion touches on the complexities of building an AI-driven company, especially in a highly regulated industry, and how Wellpay AI addresses these challenges. Richard brings his extensive AI expertise to the table, emphasizing the importance of security and continuous learning in their technology. They also explore the future of work, how AI is transforming traditional roles, and the essential skills needed in this evolving landscape. Tune in to learn about their innovative approach to compensation consulting and the role of AI in making strategic business decisions.
00:16 Cynthia's Journey to Founding Wellpay AI
01:54 Building an AI Company: Challenges and Strategies
03:13 AI in Compensation: Ethics and Compliance
03:56 Rich's Expertise in AI Development
05:35 Strategic Use of AI in Business
10:41 Business Model and Pricing Strategy
16:40 Quality Assurance in AI Systems
18:08 Communicating Value to Clients
18:37 Efficiency and Speed in Consultancy
20:38 The Future of Work and Technology
23:59 Leadership and AI
Connect with Cynthia and Rich:
• https://www.linkedin.com/in/cynthiawellpay/
• https://www.linkedin.com/in/datasciencedoc/
Connect with Raul:
• Work with Raul: https://dogoodwork.io
• Growth Resources: https://dogoodwork.io/resources
• Connect with Raul on LinkedIn (DMs open): https://www.linkedin.com/in/dogoodwork/
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