Executive Summary
The meeting focused on how to leverage AI tools like ChatGPT and Midjourney to generate business ideas and make money. The host discussed using AI to create content, artwork, apps, games, online courses, consulting services, personalized coaching, and more. He emphasized the importance of imagination and creativity in coming up with new business concepts.
Key Takeaways
– Assign ChatGPT a role like business consultant to get tailored advice on your idea
– Use plugins like Video Summary to get insights from YouTube without watching full videos
– Sell AI-generated art on print-on-demand sites and marketplaces like Etsy
– Create online courses teaching others how to use AI for business
– Offer consulting services helping companies implement AI tools and strategies
– Use Midjourney to easily create images and artwork to sell
– Develop games, stories, and other interactive content with AI
– Provide personalized coaching and advice using ChatGPT’s knowledge
– Automate workflows and processes to work smarter, not harder
– Always refine prompts and provide feedback to get better results from the AI
– Focus on solving problems and serving customers, the business model can be figured out
The host emphasized being imaginative, creative, andbold in coming up with new ways to monetize AI’s capabilities. The key is providing value to others by making their lives easier, better, or more productive.
Article
How to Start a Business with ChatGPT and Midjourney
Donovan recently hosted an insightful session on leveraging AI tools like ChatGPT and Midjourney to start creative money-making businesses. As an experienced solopreneur, Donovan emphasized imagining possibilities then making them happen.
Donovan suggests assigning ChatGPT a specific role like business consultant, then asking for tailored advice on your idea. The AI can provide strategic guidance on business planning, marketing, pricing, and more based on industry experts. Plugins like Video Summary also let you easily get insights from YouTube without watching full videos.
For creators, Donovan highlighted opportunities like selling AI-generated art on print-on-demand sites and marketplaces like Etsy. He knows artists generating passive income by selling inexpensive AI artworks in volume. You can also create online courses teaching others how to use AI for business.
Other ideas Donovan covered include offering consulting services to help companies implement AI tools and strategies. With Midjourney, you can easily create images and artwork to sell. Develop games, stories, and other interactive content with AI. Or provide personalized coaching and advice using ChatGPT’s vast knowledge.
The key takeaway was to be creative and bold in imagining new ways to monetize AI’s unique capabilities. Focus on solving problems and serving customers – the business model can be figured out later. Always refine your prompts and provide feedback to get better results from the AI.
ChatGPT and Midjourney open up infinite possibilities for starting imaginative, human-centric businesses. As Donovan says, “the job of the future has not even been invented yet.” It’s up to entrepreneurs like you to dream big then make it happen. What will you create?
CHAPTERS
00:00:00:00 Speaker Intro
00:02:57:08 Contact Info
00:03:33:03 What is an AI Jockey?
00:07:02:17 How do YOU use AI?
00:12:52:21 Cheat Sheet Review
00:16:49:04 Real AI Business Ideas
00:25:07:21 Using Plugins
00:27:25:17 Summarize a Video with Video Insights
00:30:11:09 Ideate Business Ideas with ChatGPT
00:34:02:14 Midjourney Business Ideas
00:38:37:24 Chat GPT is Top Business Consultant
00:42:52:12 Business Plan with a Budget
00:52:00:04 Contact Info
