9 Methods Folks (Like Me) Use ChatGPT to Make Cash in 2023
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If you wish to use ChatGPT to earn a living, you’ve received to get inventive. That’s as a result of the language mannequin that’s been the “discuss of the city” since late 2022 is highly effective, however not “all highly effective.”
As quickly as I began taking part in round with ChatGPT for the primary time in early 2023, I knew I might use it to earn more money in my enterprise.
And I don’t simply imply spinning up hundreds of articles to put up spammy, low-quality articles for backlinks (if you already know what I’m speaking about, don’t even give it some thought).
I imply you possibly can leverage ChatGPT to earn a living in completely moral, authorized, and artistic methods.
This works notably effectively if you have already got a enterprise (if not, begin right here) as a result of ChatGPT can primarily work as an additional teammate in some methods.
Let’s begin with some common concepts I’ve seen across the net for getting cash from ChatGPT. These concepts and examples come from actual entrepreneurs rising actual companies and utilizing ChatGPT to extend income. I’ll combine in just a few methods I’ve personally made cash from ChatGPT already as we go.
1. “Outsource” Mundane Duties
Maybe essentially the most highly effective factor you are able to do proper now with ChatGPT and different AI instruments is “outsource” mundane duties that used to take up numerous your time.
For those who spend a big portion of your day responding to e-mail, for instance, have ChatGPT craft 3-5 “canned” e-mail responses after which retailer them up in one thing like TextExpander (my private favourite) so you possibly can rapidly and simply reply to emails in a fraction of the time.
For those who spend numerous time brainstorming concepts or writing copy, ChatGPT might help with that too.
This primary money-making tip actually encompasses a lot of what I’ll cowl in all the opposite ideas, however that is actually a mindset query.
You need to practice your self to begin asking:
“Can ChatGPT assist me do that any extra effectively?”
The extra you ask that, the extra you’ll be stunned at how ChatGPT (and AI on the whole) might help you earn more money.
That is known as alternative value. And for each time you spend MORE of your effort and time on one thing, you’re saying “no” to one thing else you possibly can be engaged on to earn more money.
2. Brainstorm Enterprise Concepts
If the concept of utilizing ChatGPT to earn a living appears like a great one to you, however you’re undecided the place to begin… effectively… ChatGPT might help there too!
Simply open up ChatGPT and ask for just a few enterprise concepts.
You would possibly get one thing again like I did:
However let’s say you’re a solopreneur and don’t need to construct an enormous sustainable manufacturing facility (thought #3 above).
As a substitute, set just a few parameters like: “I need to make money working from home. On my pc. And don’t need to retailer stock.”
And voila: you might have 3 companies you can begin from dwelling, in your pc and with out costly stock. Thanks, ChatGPT!
So when you can evaluate my checklist under for extra concepts on making further money with ChatGPT, the reality is, ChatGPT would possibly even be a greater possibility for exploring concepts.
However don’t inform my weblog editor I stated that.
3. Create a Digital Product or App
Do you know ChatGPT can code? I imply, not train you how you can code, it will probably actually write the code you have to make an app operate correctly.
I personally used ChatGPT to code this freelance fee calculator in document time. Might I’ve coded it myself? Most likely. Did I have to? No. (Once more, see level 1.)
My workforce and I additionally used ChatGPT to unravel a serious programming difficulty we had been going through. After we launched this product, we thought we might simply give the shopper a browser cookie they usually’d have entry endlessly.
That was fallacious (we’re not programmers, actually).
So, as a substitute, we had ChatGPT program a easy registration and login kind so paying clients might entry the product extra simply.
In its first week, we made $2,000+ (lots due to ChatGPT’s assist with the code).
For those who’re an online designer, you possibly can provide {custom} code to your purchasers and ChatGPT can write it up in a fraction of the time—usually with no errors the primary time round.
For those who’re an app developer, contemplate how useful ChatGPT could be when creating a product—it’s an additional dev to bounce concepts off of whereas coding. Somebody further to verify your work.
In my view, coding is among the strongest issues ChatGPT can at present do. For those who’re not utilizing it to earn a living but, there’s a complete world of alternative for you.
4. Create a Digital Info Product
In fact, much more than coding and growth, ChatGPT is nice at language.
Naturally, utilizing ChatGPT to assist create a digital info product is an effective way to make some extra cash.
I’m referring to ebooks, scripts, templates, worksheets, guidebooks, manuals, and another written product you possibly can promote as a pdf or epub doc.
Again to our product, The Freelance Information, we leveraged (and can proceed to leverage) ChatGPT to reinforce our custom-made information, contracts, templates and scripts for freelancers.
We made near $1,000 in a day from this product which ChatGPT assisted us in creating.
For those who’ve all the time wished to write down a e book, however by no means had an editor to bounce concepts off of, strive ChatGPT. You possibly can put in parts of your written product after which ask ChatGPT to assist fill within the gaps or make clear your writing.
It’s like having your individual inventive accomplice, editor, proofreader, and confidant.
5. Generate Enterprise Pitches
In my very own enterprise, I do a whole lot of pitching. I ship pitches to potential purchasers, potential sponsors, and potential companions.
And typically, I fear I’m not saying the best factor. Or I’m not expressing my worth sufficient. Or I’m leaving out important info.
That’s the place ChatGPT can are available in that can assist you earn more money from your online business pitches.
For instance, I requested ChatGPT this query:
I ended my shopper pitch with this line. Do you suppose one thing else can be simpler?
“I sit up for listening to from you.”
So ChatGPT used every little thing it has discovered by sweeping the web and gave me a crash course in professionally ending a enterprise pitch e-mail.
Alternatively, you possibly can give ChatGPT just a few parameters and ask it to write down a first-draft of a gross sales pitch or chilly e-mail.
The choices are almost infinite.
6. Negotiate Greater Pay
Do you know ChatGPT can take the entire negotiation recommendation posted on the internet over dozens of years and apply it to your state of affairs to barter increased pay?
Whether or not you’re a freelancer trying to elevate your charges or have a standard job and wish a elevate, ChatGPT might help.
Check out this dialog I had with ChatGPT the place I requested it to barter with me. I advised it I might play the position of a budget-conscious shopper and ChatGPT ought to play the position of freelancer.
What ensued was a really polite-yet-firm negotiation by which the freelancer stood “their” floor whereas nonetheless serving to me see the worth of their work.
For those who’re undecided what to say to a shopper or a boss or how you can negotiate with them, do just a few follow rounds with ChatGPT.
Even higher: should you’re negotiating over e-mail, you might have the time to plug the precise negotiation proper into ChatGPT to see what it recommends.
This one tip alone might assist you to enhance your pay by $5,000, $10,000 or much more at a full-time job. Or it might assist you to elevate your freelance charges by 2x, 3x, or extra.
7. Generate Partaking Emails & Social Content material
Right here on our weblog, we usher in a whole lot of income from our e-mail e-newsletter. Sponsors pay us for placement in our weekly e-newsletter known as ‘Freelance Fireplace.’
If we will get extra e-mail opens or clicks by asking ChatGPT to write down extra compelling topic traces or in-email content material, we will enhance our month-to-month income anyplace from $1,000 to $5,000 or extra.
Simply from one fast ChatGPT dialog. That’s a great amount of cash on the desk.
You are able to do this too. For those who’re simply getting began with e-mail advertising, you’ll rapidly be taught it takes a very long time to write down high quality emails.
But when you need to use ChatGPT to assist craft your emails and enhance engagement on the identical time, you’ll be making more cash earlier than you already know it.
Whereas I’m at it, this goes for social media posts as effectively. Arising with one thing witty to say everytime you put up on Instagram could be a problem. However ChatGPT’s mind by no means will get burned out and is simply restricted by the enter you give it.
8. Write Weblog Posts & Youtube Scripts
If your online business depends on pageviews and video views to earn a living, then ChatGPT could be a nice possibility for making more cash out of your content material.
Our weblog editor, Alex, makes use of ChatGPT to create content material suggestions, generate prompts, after which write parts of content material based mostly on these prompts.
At first look, these hybrid articles (half human, half ChatGPT) have good outcomes. Trending up in visitors and engagement.
And we’re not even near being the primary to do that.
CNET was among the many first huge publishers to check AI-generated content material (with combined outcomes). Content material powerhouse Medium is permitting clearly-labeled articles written by ChatGPT. And scientists are even starting to publish analysis papers authored by ChatGPT!
We’ve used ChatGPT to help us in producing lots of of freelancing phrases in our freelance glossary which reinforces our reader expertise by giving extra context to our articles.
And it’s not simply written content material ChatGPT might help with.
We’ve taken scripts of our full-length YouTube movies and requested ChatGPT to create YouTube “Shorts” (60-second variations) from them.
ChatGPT might help you earn a living by writing compelling YouTube, podcast, or TikTok scripts to realize extra followers and develop your income.
And merchandise like RightBlogger are leveraging the facility of AI to do much more of this give you the results you want.
There are, maybe, extra alternatives in written content material than anyplace else to earn a living from ChatGPT.
9. Optimize Gross sales Copy
For those who don’t contemplate your self a lot of a copywriter, then you need to use ChatGPT to earn a living by enhancing your gross sales copy.
It doesn’t matter should you’re attempting to promote extra of your “factor” on Etsy.
Or should you’re attempting to boost a Fb Market itemizing out of your newest yard sale haul.
Or in case your workforce has been engaged on a model new product and also you’re undecided how you can current it in essentially the most compelling means attainable.
ChatGPT might help.
You possibly can ask ChatGPT for headline concepts. You possibly can ask it to shorten your copy. Or make it sound extra personable.
Oftentimes, with regards to gross sales copy, a small tweak or change can result in enormous leads to gross sales.
BONUS: Study a Cash-Making Ability
For those who don’t really feel like several of those concepts match what you’re searching for, possibly ChatGPT can’t make you cash straight.
However what it CAN do is assist you to be taught a brand new money-making talent.
If you wish to discover ways to develop web sites, use ChatGPT to stroll you thru the complete technique of organising internet hosting, writing your first HTML or CSS, and publishing your web site to the web.
If you wish to develop into a mechanic, ChatGPT might help you dismantle and reassemble your automobile from begin to end (my attorneys make me say we’re not accountable should you do this).
If you wish to discover ways to commerce shares or put money into actual property, ChatGPT is aware of how one can earn a living.
It’s actually like having a private tutor on virtually any topic obtainable 24/7 without cost. All you need to do is ask.
A Ultimate Phrase of Warning…
“How can I get folks enthusiastic about getting cash with ChatGPT whereas additionally warning them concerning the downsides of it in 5 sentences or much less?”
That’s a immediate I entered into ChatGPT simply now.
Right here’s what it needed to say in response:
The prospect of getting cash from ChatGPT is undeniably attractive, providing people unprecedented alternatives for monetary progress {and professional} exploration. Nevertheless, a accountable method is paramount. By acknowledging the potential downsides, similar to job displacement, moral issues, and the necessity for ongoing schooling, people can navigate this area with knowledgeable decision-making and contribute to a sustainable and helpful integration of AI in our financial panorama.
And whereas it sounds robotic and dry, it’s not fallacious.
There are many methods to earn a living with ChatGPT.
However every of the methods I’ve listed on this put up are NOT turnkey—you possibly can’t simply put one thing into ChatGPT and print cash from it.
You continue to should put a human spin on it. You need to put in some human effort.
And whereas which will look like a bummer, it’s actually not. As a result of, even when getting cash, if we outsource every little thing to AI, we danger shedding our humanity. And—even in enterprise—what’s the enjoyable in that?
Maintain the dialog going…
Over 10,000 of us are having day by day conversations over in our free Fb group and we would like to see you there. Be a part of us!
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