Everyone is talking about ChatGPT, the OpenAI chatbot. Currently, this is a free technology that will be very interesting to try out. But can you actually help people and make money with this chatbot??
Below, I’ll explain how I use ChatGPT to make money, and suggest ideas you might want to try to implement.
1. Generating ideas for content
ChatGPT is an endless machine of ideas. You can use it to generate content ideas on any topic. It’s really awesome.
More ideas for content means I can create more useful blog content for readers, which (from a financial standpoint) will bring in more search engine traffic and lead to more advertising or sales revenue.
For example, I recently wrote a post about making money in the golf industry. By the end of my writing, I was a bit lacking in ideas, so I decided to use ChatGPT.
ChatGPT provided a few more ideas I couldn’t even think of. I added sections for these additional ideas and wrote the content. Now, this post ranks 2nd for my search query!
You can use ChatGPT to create blog post ideas for yourself or your clients (if you’re a freelancer/agency). I can confidently say that his ideas are for sale!
Tip: “I’m looking for ideas for a blog post on [topic]. Could you help me brainstorm with some ideas?”
2. Create more intriguing and interesting headlines
ChatGPT, “please rewrite this title and make it more memorable.”
I recently did this with blog post titles that don’t have high SERP conversion speeds. The results haven’t been released yet, but I’m sure I’ll get more traffic through it. Especially those posts that are in 5-9 places.
If you’re a blogger like me, you could do the same. If you are a freelancer or marketing agency, you could offer this service to entrepreneurs who would like to take advantage of it.
Tip: “I have a blog post with the heading ‘[existing title]’. Can you suggest any alternative headlines that could get more attention?”
3. Create a sketch of the record
If you delve a little deeper into the topic of content, ChatGPT will really help you write draft blog posts.
Let’s say you’ve contributed your ideas for publication to the list generated above and are ready to tackle one of the topics. Instead of starting with a blank page, ask ChatGPT to give you a small outline to start the creation process.
Sure, you could copy sketches from other websites, but ChatGPT will provide you with more non-proprietary ideas.
One caveat: I wouldn’t use them verbatim. Edit the list for accuracy and add something of your own to it. Don’t just copy them. ChatGPT is not always correct.
Tip: “I’m planning to write a blog post on [the topic]. Can you help me sketch out the highlights I should cover?”
4. Writing code for simple web tools/calculators
I know very little about HTML. And even less PHP or CSS. If I wanted to make any major changes or additions to my website, I would usually go to my developer friend I met on Upwork and send him the work.
It takes money and, more importantly, time. For such small projects, I can now use ChatGPT. For example, let’s say I wanted to add a simple interest rate calculator to my blog post about a savings account.
I could first ask ChatGPT to fix the problem for me. I would then ask him for HTML, Javascript, and CSS code to put on my website.
With a WordPress plugin like WP Coder, I can convert all this code into a shorter one that will be posted on the blog.
I plan to do this in all my content to make it more engaging and useful to readers. You could do the same or offer a service that creates these tools for others.
Tip: “I need a tool that performs [a specific task]. Can you help me write the code for this?”
5. Clean up existing content
As someone who has been blogging for over a decade and has a ton of content, this is one of my favorite uses of ChatGPT. You can ask him to rewrite sections, add better introductions (even jokes or hooks), and create FAQs for relevant blog posts.
It’s usually such a difficult task that we end up putting it off. Now, with this tool, you can do it all.
As a freelancer, you could offer a service to clean/update existing content for blogs, websites, etc.
Now is probably the right time to point out that content generated by artificial intelligence can usually be discovered. Therefore, test your content with a service like Originality.ai to make sure that it can pass the test that it is created by a person, as well as avoid any plagiarism.
Tip: “I have a piece of content that’s a bit overloaded and hard to read. Could you help me tidy it up and make it more concise?”
6. Write ad copy for sales pages or emails
ChatGPT shines when asked to write compelling texts. I’m not necessarily a great copywriter, I tend to write more casually and prosaically. But ChatGPT can take my copy and turn it into something more compelling and exciting.
I recently did this with a description of my FinCon conference. I have some existing text about this event that reads like it was taken from Wikipedia. It’s good for some purposes, but not very suitable for advertising and sales.
I asked ChatGPT to rewrite it so I could post text in a blog post about the best personal finance conferences. I liked how it turned out.
Think about all the promotional materials you could write or rewrite for your business. If you’re a freelance copywriter, you could use ChatGPT to supplement your skills.
Tip: “I need to write promotional text for the sales/email page to promote [the product/service]. Can you help me come up with something compelling?”
7. Invest in OpenAI and other AI companies
While you can’t invest directly in OpenAI just yet (I think an IPO is coming soon), you can invest in companies that will use artificial intelligence or that have invested heavily in OpenAI themselves, such as Microsoft.
Hint: “I’m interested in investing in companies with artificial intelligence. Can you recommend any specific companies I should consider, such as OpenAI?”
8. Find endless ideas for additional activities
I like to pretend that here on this blog we have a lot of ideas for extra hustle. But ChatGPT can fix it.
It can generate millions of different ideas for side hustle and bustle from which you can choose. And if you ask him, he will tell you exactly how to act in this situation.
Hint: “I’m looking for ideas for side effects that I could take to make some extra money. Can you offer any options?”
9. Provide translation services
I’m not sure how long this will last, but ChatGPT can translate text into different languages. If you can find someone who needs this service (like through Fiverr) but doesn’t have the time or know-how to use ChatGPT on their own, then you could generate some revenue for yourself.
Tip: “I have a piece of content in [the language] that I need to translate into [the language]. Can you help with the translation?”
10. Writing scripts for Youtube
Want to offer scripting services or create your own scripts? ChatGPT does an excellent job of processing information in a script format suitable for platforms like Youtube. And even if you don’t have existing content to use, ChatGPT can create scripts out of thin air.
Hint: “I want to create a video on Youtube, and I need a script. Can you help me write a script on [theme]?”
11. Create entire business websites
Commercial websites for lawyers, CPAs, restaurants, and so on can now be created using content generated from ChatGPT. I used to create websites as a part-time job. My least favorite part of the business is writing a website copy. Chat GPT rushes to the rescue.
Tip: “I need a website built for my business. Can you help me design and build it?”
12. Become a ChatGPT Expert and Sell Your Knowledge
As amazing as ChatGPT is, you still need to learn how to use it properly. If you are interested in this new technology, you will be able to sell your knowledge to others – as a service or as a one-time course.
For example, I recently purchased AI Content Reactor from Rob Lennon. Rob charges $150 for the course and access to the community. I think he’s getting a pretty good income from his efforts. And his course helps me make the most of ChatGPT.
Tip: “I want to learn how to use ChatGPT and potentially sell my knowledge as a ChatGPT expert. Can you help me get started?”
13. Create social media posts
Want to optimize your existing content for specific social media platforms? ChatGPT can help with this. Busy entrepreneurs often don’t have the time to dedicate themselves to these platforms. ChatGPT can help you scale your social media management business. I asked ChatGPT to write this tweet:
Want to help people and replenish your pockets with extra money in 2023? This blog post has the answer: earning money with ChatGPT. Follow the tips and tricks to succeed. Don’t miss this opportunity to increase your income!”
Tip: “I need multiple social media posts for my business’s Facebook/Instagram/Twitter accounts. Can you help me create some content?”
14. Get paid for answering questions
I’m a little torn by mentioning this because it can lead to some unholy actions. But there are sites that pay you to just answer their questions.
While it’s best if you’re actually drawing on your own knowledge and experience, it doesn’t hurt if ChatGPT works with you to supplement your knowledge and become a better expert/mentor.
Tip: “I want to get paid for answering questions online. Do you have any suggestions for websites or platforms where I can do this?”
15. Create Resumes for Job Seekers
ChatGPT can really help you put together a resume. I did this when I was creating an example resume for a part-time job seeker. You can do the same for clients and help them build a resume using some of their basic information.
Tip: “I’m looking for a new job and I need to update my resume. Can you help me put together a strong, professional resume?”
16. Write a Story for Your First Book
Yes, authors use ChatGPT to help them write books. Here’s an author using it to create titles and real stories for his books.
Hint: “I have an idea for a book, but I’m not sure how to turn it into a full-fledged plot. Can you help me brainstorm and develop the story?”
17. Create a chatbot that uses the ChatGPT API
Finally, you can use ChatGPT as a source of knowledge for any chatbot you want to create. And honestly, that’s where a lot of money will be made, on SAAS products that use artificial intelligence.
For example, Alfred is an iOS app that sits on top of ChatGPT and gives you more features in your native mobile interface.
Tip: “I want to create a chatbot that uses the ChatGPT API. Can you help me with the development of a chatbot?”
Tips for Making Money with ChatGPT
If you’re thinking about making money with AChatGPT, here are a few things to consider:
- Make sure you use these tools in a lawful and ethical manner. This includes taking care of data privacy and avoiding any discriminatory practices.
- It’s important to understand the limitations of ChatGPT (and all of the artificial intelligence) and use it appropriately. It is no substitute for human experience and judgment.
- Finally, think about how your customer perceives artificial intelligence and how it might affect their business. Some people may be hesitant to use AI-based products or services, so be transparent about using these technologies and address any concerns your customers may have.
So, here it is, folks! With ChatGPT at your fingertips, you’ll be raking in money in no time. And let’s be honest, who wouldn’t want to get rich by barely lifting a finger?
Just make sure you don’t spend all your newfound wealth buying more AI assistants that will do your bidding – trust me. Eventually, they’ll just take over the world and you’ll be out of a job.
It is better to stick to the old-fashioned method of making money in a hard way: working hard in the office for 8 hours a day, 50 weeks a year. Haha, just kidding (sort of).”