Use ChatGPT To Make Money With These Business Ideas

ChatGPT has swept through the world like wildfire, just like AI has, hitting 1 million users in only a few days over the past few years. For many, this is their “aha moment”, and it sure is pretty. But apart from answering your weird questions about the world, what if ChatGPT could be more valuable to you? Like helping you to make more money?

Introduction

For the uninitiated, ChatGPT is a generative AI chatbot that acts as your buddy and can, in some ways, behave like a human, admit its errors and correct itself. The revolutionary chatbot was created by an organization co-founded by Elon Musk, Open AI. While the technology has been around for some time now, it was only opened to the public with the launch of the latest version. The company hopes to eventually put the product behind a paywall, but until then, just how much can you make from this cash-generating machine that doesn’t sleep? Here are eight business ideas that you can use to make money with ChatGPT.

Number One: Freelancing

Ever since covid, the great resignation has revealed a new way of making money on the internet, freelancing. There are lots of free platforms on which you can easily make thousands of dollars monthly and scale it to 6 figures a year. But up till now, the lack of skill and knowledge has held most people back. ChatGPT changes all that for the better. ChatGPT is powerful and can make you loads of cash only if you know the right things to ask and the command prompts to use.

While the AI tool is not human and cannot always process natural language as we humans do, knowing how to speak to the AI on its own terms can make you a millionaire. That’s because whether it is building a website, writing copy, coming up with business ideas, writing youtube scripts or even creating product descriptions for an eCommerce brand, ChatGPT can make you the ultimate freelancer with multiple skills, all earning you a couple of bucks a month which could easily become thousands with consistent work.

Let’s say you are a writer on Upwork or Fiverr. All you need to do is give your work to the AI, and you are done. It’s that simple, folks! Moving on to the next idea.

Number Two: Start a YouTube Channel

We all watch youtube mostly as our pastime. It is entertaining and educational and helps us feel better if we watch great content (just like this one).

But you could also become a YouTuber without skill and knowledge of the almighty algorithm. Make money on autopilot if you just let ChatGPT and other AI do the work for you. So, let’s start with coming up with your niche.

ChatGPT can give you some of the best earning niches. It can help you brainstorm channel name ideas, and it can help you come up with the branding — even a plan for the channel. Now ChatGPT can give you video ideas which make your work easy. All you have to do is take these ideas back to the AI to write your scripts.

Next is your voiceover. There are many AI tools for making voiceovers, like Speechify, Lovo AI and Voiceboking.com. Now time to make your video. synthesia.io is one of the leading platforms when it comes to AI video creation platforms in the world. And there you have it, a full-blown youtube channel with videos coming in. click a few buttons, type some command prompts and finally upload. You can start making a few hundred and thousands from your AI-generated videos every month. Isn’t that amazing?

The Future of YouTube

As we look ahead to the future of YouTube, it’s clear that the platform will continue to be a major force in the entertainment industry. With millions of creators around the world sharing their stories, talents, and passions, there’s never been a better time to get involved and start building your own brand on YouTube.

Of course, building a successful YouTube channel is no easy feat. It takes time, dedication, and a whole lot of hard work to make it to the top. But with the right strategy and tools, you can maximize your potential and start earning serious money from your channel.

That’s where we come in. At our YouTube channel automation services, we specialize in helping creators like you grow their channels and reach new heights of success. Whether you’re just starting out or you’re a seasoned pro, our team of experts can provide you with the guidance, resources, and support you need to take your channel to the next level.

So why wait? Start building your YouTube empire today, and let us help you achieve your wildest dreams!

Number Three: Make Money Blogging

Blogging is an age-old way of making money online. While most people would love to write, share their ideas and make some good income with blogs, they simply need more time or even fear putting their ideas out there.

ChatGPT can help you consistently write polished content, blog posts and articles for your readers. It can even do some idea research to help you come up with the best things people would love to read. To make sure your content is plagiarism-proof, you can use a free plagiarism checker like Grammarly.

You have to finetune your content, publish and start getting some pretty consistent income with Google Adsense, affiliate revenue or any of the many ways to monetize a blog. A blog is truly one of the most flexible when it comes to monetization, and there is no limit to how much you can make, right from a couple of hundreds to thousands a month.

Number Four: Start an Online Writing Business

Writing online is very similar to blogging. But unlike a blogger who owns a blog which they have bought the domain and hosting for, an online writer is free from such costs and uses the best platform.

This is often the platform where they can find their audience. It makes it easier, and you don’t have to search for an audience since the platform already has masses of people ready to read your content. Medium.com is one such platform which pays creators or writers who get accepted into the partner program.

You can easily break through the writing sphere and stand out with your consistent ChatGPT-generated content. The genius about being an online writer is that any platform could serve you well, from Twitter to Linkedin and even build a brand big enough to have your own audience, such as an email list. Every online marketer knows an email list is the holy grail of an audience and can easily make you thousands a month, depending on how large and engaged your audience is.

Number Five: Start a Copywriting Agency

Copy is everywhere, and with new businesses coming up, the copywriting business is bound to grow. And ChatGPT will be at the center of brainstorming ideas and even writing your entire copy. Need product descriptions? ChatGPT can get it done. Need a website copy? ChatGPT can do it within seconds. The beauty of it all is that with basic copywriting skills and knowledge of which prompts you to use, the AI can take over all your writing needs and make you a super writer with no or minimal effort from you. Getting started is as easy as asking ChatGPT for the best.

Number Six: Create and Sell Digital Products

Digital products are all around you. From NFTs to ebooks and courses, the ultimate cash cow is the business of selling what you know and what you can do by creating something once and then selling it forever.

A digital product is simply a piece of intangible material or asset in the form of media and can be sold to many people repeatedly without having to recreate the product anytime a sale is made. Digital products are sometimes easy to make, but that isn’t the good part. The good part is that they are incredibly easy to duplicate, and often, you don’t even have to do anything for this to happen.

Let’s take a course. You can use ChatGPT to create an ebook in a single day. This ebook could be sold on many platforms, such as gumroad, amazon or your website. You get paid royalties if you publish it on amazon for every sale. Amazon is the largest online marketplace and has millions of visitors who can buy your book, opening you up to passive income without having to do any extra work after uploading your book.

All you have to do is to check your bank for your income. Courses, downloadable assets like images, music, digital art, software, video and more are all digital products. No matter your skills, there are digital products which ChatGPT can help you with in some way to make money.

Number Seven: Creating Your Own AI-Powered Product

This is the most powerful way you can make money from ChatGPT. The rise of software as a service is still ongoing as more and more people depend on cloud-based applications for their personal, business and leisure needs.

Whether you are targeting business or individual users, there are plenty of business ideas that you could build using the ChatGPT API. Now ChatGPT, like many products, has an application programming interface, API.

An API allows two computers or, in this case, software to communicate with each other. This communication relationship often involves one using frameworks and resources from the other. You can build a software product using the full force and power of ChatGPT in your product without actually owning ChatGPT. All you need is to acquire the ChatGPT API, which is amazing.

ChatGPT, at its core, is excellent at natural language processing and translating that into code. It has been trained with plenty of data from the internet, which allows it to build patterns that help it to act in a somewhat human way. You may be thinking this limits the possibilities.

On the contrary, it expands them, allowing everyone to benefit from AI. Powerful platforms on the internet are already using ChatGPT. Yes, you heard right. Viable, Duolingo and Jasper AI are a few of the powerful products that owe their success in a way to the ChatGPT API.

You may be thinking, “I don’t know how to code…” but you don’t actually need to know how to code. Just ask ChatGPT, and you will get all your answers. The rise of no-code has made it possible to develop powerful software without knowing any code at all. Software ideas for your new venture are AI writing tools, business idea generator, Ad builder for internet entrepreneurs and creators, content rewriters, keyword research tools, Q&A chatbots for everyone, website chatbots, and many more.

To understand the power of this API, let’s look at Jasper AI, which runs on this technology. Jasper AI is a writing tool which can help you write almost anything. Jasper can do everything from ads to content articles to product descriptions and video scripts. And it runs on ChatGPT. The company has raised $131 million in three funding rounds. 11 investors support them. This shows how successful your company could be if you get started.

Conclusion

Starting a business and Making money is getting easier with more and more technology, and it is time that you took this advantage and created something of your own. Whether you want to start a small online business or a large enterprise software corporation, the possibilities are limitless with ChatGPT. These ideas shared are being used by thousands of people making real income out of this new phenomenon.

Postscript

Hey there, It’s Enoch here. I write about YouTube here on Medium, and I help people like you who are curious about making income from your YouTube business. Let’s chat on Fiverr, where I offer my services as a video creator and YouTube growth engineer.