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5 Ways To Make Money With ChatGPT

%ways on how to make a passive income with ChatGPT

Amarnath P

2024-01-06

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.
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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. Create an AI Chatbot

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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.

4. 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.
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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.

5. 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.
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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.
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!

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