Ever since OpenAI launched ChatGPT, things have changed dramatically in the tech landscape. The OpenAI Large Language Model (LLM) is so powerful that it can do multiple things, including creative work like writing essays, number crunching, code writing, and more. People are now using ChatGPT’s insane AI capabilities to make money on the side. If you’re also in the market for making some tidy profit with the chatbot, keep reading as we show you how to do just that.
1. Build an App, Website, or Service
The next best way to make money with ChatGPT is by building a product. And for this, you don’t need to learn to code. ChatGPT can help you translate your ideas into real products with step-by-step instructions on how to use frameworks, toolchains, programming languages, etc. Remember when Ihor Stefurak, a Ukrainian entrepreneur, built a Chrome extension with the help of ChatGPT, having zero knowledge of programming? What’s more, he made $1000 within 24 hours of launching the extension. That’s bonkers, right?
You can become a solopreneur and build a business in a matter of hours. Want to build a cool-looking HTML page? Ask ChatGPT. Want to integrate Stripe for easy checkout? Ask ChatGPT. Get errors along the way? Again, you can very well ask ChatGPT to debug the code too.
That said, I would recommend subscribing to ChatGPT Plus in order to access ChatGPT 4. So, if you are wondering how to use ChatGPT 4 for free, there’s no way to do so without paying the premium price. And honestly, it’s worth it. ChatGPT 4 is good at code generation and can find errors and fix them instantly. While you don’t have to be a programmer, a basic understanding of logic would help you see what the code is doing. To sum up, if you want to use ChatGPT to make money, go ahead and build a tech product.
2. Create Logos and Illustrations
ChatGPT recently got support for Dall -E 3 and with this addition, it has gotten even more versatile and useful. You can create AI images with ChatGPT and generate logos, illustrations, and sketches. You can run a professional service and create logos for companies and digital firms. The best part is that it just takes a few seconds to generate ideas modeled on your concept. You don’t need to master Adobe Photoshop, Illustrator, or Figma. With the help of ChatGPT, you can generate cool-looking logos and make money as your secondary income.
3. Get Business Ideas From ChatGPT
To make money using ChatGPT, you must use it to its full potential. In case you are unaware, ChatGPT is good at churning out new ideas for passive income. For example, you can run the below prompt in ChatGPT to ask about side hustle ideas, depending on your preferences.
I want to start a side hustle using ChatGPT. I want to take advantage of your technology but I'm not sure where to start. Please ask me as many questions as you like so you can help me with your best ability.
ChatGPT will now ask you a bunch of questions about your expertise, interest, challenges, and more. After that, the AI chatbot will come up with tailored business ideas that meet your ability and expectations. You can query further and conceptualize the plan on how to start it, what are the things to keep in mind, etc. You can also start with “Generate a new business idea for…” and then ChatGPT will come up with some amazing results.
4. Create an AI Chatbot
After the launch of ChatGPT, the demand for AI-assisted chatbots has only gone higher. Business companies, educational institutions, apps, and even individuals want to train the AI on their own custom data and create a personalized AI chatbot. You can earn good money if you learn how to train an AI and create a cool front end. Stripe has already created a ChatGPT-powered virtual assistant that understands its technical documentation and helps developers by answering questions instantly.
The best part is that to create an AI chatbot, you don’t need to be a programmer. You can ask ChatGPT to help you out with this as well. Ask it how to create an AI chatbot using Python, and it will start giving you instructions.
You can use the OpenAI API to find relevant information from the indexed JSON file quickly. You can also use Typescript to build the front end of your chatbot. There are many ways to do it, and ChatGPT will surely help you out. So if you want to sell the idea of a custom-trained AI chatbot for customer service, technical assistance, database management, etc., you can start by creating an AI chatbot.
5. Become a Prompt Engineer
The best AI tools on mobiles and even the best ChatGPT alternatives have their own nuances. If you’re someone using AI image generators, the process of actually using them can get even harder. This is because artificial intelligence, while smart, can be dumb if not given the right prompts to work with. However, browsing across the Internet, you must have seen folks compiling a variety of prompts and selling them. Furthermore, you might even see people offering courses on AI prompt engineering. These, while initially unnecessary, have turned into proper careers.
Provided you have a surgical knowledge of AI and its use, you can become a prompt engineer and make use of ChatGPT to make money for you. So, for the audience out there that requires detailed yet concise prompts to use Midjourney to generate AI art, you can be the one who steps in. In the same vein, if you have used ChatGPT long enough, you can even compile the best ChatGPT prompts out there and then sell a collection for as little or as much as you want.
Also, with ChatGPT Plus, you can get access to a variety of plugins. One of the best ChatGPT plugins we mentioned in our list is “Prompt Perfect,” which lets you generate detailed prompts. You can use this plugin to create and sell prompts easily.
However, do note that this will require a fair bit of experience in reverse prompt engineering and understanding how AI works to a degree. If you already possess that, then you can get started quite easily. For those who don’t, however, there are a ton of resources online. You can head over to our curated list of best prompt engineering courses to learn the nitty-gritty of how you should interact with an AI model to get the best results.
6. Create Videos with ChatGPT
There are many niche and sub-niche categories on the Internet which are yet to be explored. You can ask ChatGPT to come up with video ideas in a particular category. After that, you can ask it to write a script for the YouTube video as well. Once you are done, you can go to Pictory.ai or invideo.io to quickly create videos from the text along with AI-backed narration. You can now publish the video on YouTube and earn some money on the side. However, if you want to generate AI videos in ChatGPT directly, that’s also quite easy to do so.
Apart from that, you can create video content around topical events and monetize the content. For example, reaction videos are popular on YouTube, and particularly, people like to watch reaction videos in Shorts format (clip duration must be less than 60 seconds). With such niche content ideas and ChatGPT’s help, you stand to earn a lot of money.
7. Use the Canva Plugin to Make Videos
Canva recently released their plugin for ChatGPT and it comes with impressive features and abilities. You can start by creating a YouTube channel on a niche topic and generate videos on ChatGPT using the Canva plugin. For example, you can start a motivational video channel and generate such quotes on ChatGPT.
Further, you can ask the Canva plugin to show templates based on these quotes. You can then quickly customize the videos, add these quotes, and download them. These short videos will be great for YouTube Shorts and Instagram Reels. You can earn a decent amount of money by combining ChatGPT and this Canva plugin.
8. Write e-Books and Self-Publish
According to a Reuters report, with the launch of ChatGPT, AI-written e-books have seen a significant boom on Amazon. This is because writing and conceptualizing new ideas has become much easier with ChatGPT. People are using ChatGPT to write e-books on many relevant and niche topics and selling them directly on Amazon using the Kindle Direct Publishing platform. Recently, we also decided to explore the bot’s capabilities and use ChatGPT to write essays.
From children’s e-books to motivational lectures and sci-fi novels, people are publishing e-books in various categories with the help of ChatGPT. Since ChatGPT does not respond with long answers at once, you can start with the outline and slowly add each paragraph to your word processor.
You can also use Book Bolt, which makes it easier to create, publish, and market your e-books better on Amazon. Simply put, self-publishing e-books written by ChatGPT has become a legit new way to earn money, and you should definitely give it a try.
9. Become a Data Analyst
With the help of ChatGPT, you can become a data analyst and earn huge money on the side. Even if you have a cursory knowledge of how numbers work, ChatGPT can become your helpful friend and derive key insights from the vast pool of data for you.
You can upload XLS, CSV, XML, JSON, SQLite, etc. files to ChatGPT and ask the bot to do all kinds of anaylsis for you. You can get a holistic understanding of the data trend from the given dataset. So go ahead and try this method out right now.
10. Freelance and Create Content
Finally, you can freelance in any domain and use ChatGPT on the side to make money. In fact, companies are now incentivizing people who use AI tools like ChatGPT to make the content look more professional and well-researched. Freelancing is not just limited to writing blog posts; you can also use ChatGPT for translation, digital marketing, proofreading, writing product descriptions, and more.
Fiverr now has a separate AI services category where you can find jobs related to AI fact-checking, content editing, technical writing, and more. So, if you use ChatGPT fairly well, go ahead and freelance in your area of expertise.
And that is our comprehensive list of the best ways you can make money with ChatGPT. As always, exercise caution and use your wits to make sure you make a profit while staying safe online. Have any more methods we should add? Let us know in the comments below!
While the base version of ChatGPT is free, ChatGPT Plus will set you back $20 per month.
Since OpenAI is not a publicly traded company, you cannot invest money in ChatGPT.
While there are a variety of methods to make money with AI, you can create passive wealth by doing something like writing and publishing your own E-Books.