Best Business Ideas Based on GPT 3.5/4
Are you wondering how to make money with GPT 3.5/4? Have you been watching YouTube videos and reading articles, but aren't sure how to make the right move? Are you thinking about hiring coders to help you roll out a cool new SaaS business idea based on GPT?
If you’ve said yes to any of those questions, this article is for you. GPT 3.5/4 is a huge money maker, and we've been playing with it right from the launch on November 30. As a no-code agency, we help you package your amazing business ideas as SaaS and implement them with no-code in no time. You can harness the amazing power of GPT and start generating a steady stream of income right now.
Brief Introduction to GPT 3.5/4
GPT (Generative Pretrained Transformer) is a type of AI where the developers input a huge database of text, images or code. The GPT algorithms are taught to process the input data and answer various queries. The more data you input, and the more effective the internal algorithms are, the higher-quality answers you can produce.
You might be wondering about the value of such a functionality, since Google can answer questions too. The resulting product is the machine's ability to generate full-scale blog posts, detailed answers and creative work. Google can't do that.
We now have two GPTs serving the happy humans - GPT3.5 that you access totally for free and GPT4 with a $20 monthly price tag.
We’ve been using both, and we can tell you that GPT4 has been breaking our limits on what AI can do. Folks, this may be our new master! Unless you tame it now.
Now that we've covered the basics of what GPT 3.5/4 is, let’s see how you can potentially make the bank by implementing GPT and no-coding side by side.
#1. Set up a content writing studio
If you have even a smidgen of experience in writing, you can roll out a content writing agency. Power up your new business with GPT, delivering amazing content in hours.
Be it emails, sales copy, web content or long-form blog posts, GPT can work wonders.
Find an underserved niche or angle, pitch your content writing services and generate a huge number of leads.
Those of you who want to succeed will need to go the extra mile in learning the art of prompt engineering. You might’ve heard this glitzy term, and it does mean somebody who works the right buttons on AI systems like GPT.
A next step in your journey is packaging your service as a product. Folks, you don’t need to toil for years, providing the same service anymore. GPT will do it for you.
Use the amazing no-code tools currently on the market and partner up with a prolific no-code agency Xmethod to cook up a SaaS solution within a couple of weeks.
Think a SaaS that generates highly specific fitness routines, diets, financial documents, legal opinions or budget recommendations.
The future is here - combine GPT in the backend and no-code in the frontend. Open the shop and start serving long throngs of customers, ready to ruck cash at your business idea!
In a nutshell, now is the time to experiment with using GPT to set up any kind of service provider business and package it as a SaaS for happy users.
#2. Create an affiliate sales funnel
The next logical step is to try using GPT and other AI systems to create a highly passive sales funnel. Now, this is an AI-powered business idea that you can start up with as a side hustle.
Today, affiliate marketing is among the most profitable approaches to generating a steady stream of income online.
Amazingly, you don't need years of experience in a specific niche or broad knowledge of marketing strategies. All you need is a bit of free time and a drive to succeed with this GPT-based business idea.
A popular YouTuber Chase Reiner, who focuses on AI-driven business models, shared about a blueprint for a highly passive affiliate marketing sales in one of his latest videos. Let's dissect this strategy.
First, you need to gather a bunch of potentially high-converting offers for your affiliate marketing efforts. A good move is to niche down into B2B and SaaS since it's where the really good commissions are being raked in on a daily basis. Below is a screenshot from the video with an example list of such tools.
Second, you’ll want to go on TikTok and YouTube and look for short-form content. Let's make it clear - short form, not long form. Long-read content is hard to produce, and we aren't talking about it here.
On those socials, you are looking for highly popular content. Use keywords like "how to make money with Jasper AI".
Here's a screenshot with an example from the video.
Third, you can easily create a transcription for a video you like, and ask GPT to rewrite the text.
Then you can find an actor and do a video, or better yet get in front of the camera yourself. Use lots of impressive B-roll to stand out, and epic music too.
GPT will do an amazing job with this task. Here’s how I’ve done this.
Fourth, below each of your shorts, place a link to your landing page. Here's a pretty powerful landing page from the video.
If you’re just starting to learn your way around web development, go with no-code tools. Our favorites are Bubble.io and Webflow. They are easy to use, and they offer much more flexibility and functionality compared to Wordpress and Wix. We are a no-code dev agency not by chance! This thing works like magic.
Fifth, create email marketing campaigns to be sent to the emails that you've captured. In the video, Chase says that you could potentially pitch up to 365 services on your list! This would require you to write 365 emails, which is a huge hassle. 😱
Again, GPT comes to help.
Just can't stress this enough - the email in the screenshot is powerful!
First, it sets out a “hook” - it presses a pain point that the user is dealing with. After the user starts thinking over this problem, you pitch a solution. It’s a simple and extremely effective strategy in copywriting.
Powerful stuff! Good to go, GPT! Go get a job at Wall Street!
What's next with developing this GPT-based business idea? You'll need to map out all of the sub-processes, but it's a highly doable venture for an extremely small team. All you need is some spare time and a desire to start making money with GPT.
#3. Set up a prompt engineering agency
Folks, you need to pay attention to prompt engineering. It’s a powerful business idea that you can build right on top of the newly arriving AI systems.
Companies are looking hard for agencies and freelancers who could help them implement their AI-enabled strategies. You can start providing this rare service right now.
Be the next Tony Stark. A high-stakes race is after the winning prompt engineering teams - major companies are starting to vie for the bravest and brightest at this cutting edge of the AI space.
Build out a team and move into a specific niche. Focus on highly specialized text/art AI generators.
No matter which niche you pick, remember that AI is all about “value through convenience".
Don’t reinvest in the wheel, just find a business idea where you can make lives easier for your users.
And here’s a much more pointed GPT-powered business idea to consider.
#4. Create a gift ideation service
Now, while we talked about the underlying concepts when discussing the business ideas above, this one is a pretty specific business model that builds on top of GPT and potentially DALL-E.
We've borrowed it from another awesome video on how to make money with AI. It comes from Max Maher's YouTube channel, and here's the link to that video.
First, you'll want to set up a very simple interface and make it similar to a standard Google Form. Collect the general description for a gift and generate a neat list of ideas from GPT.
The next step would be to build a stand-alone website. No-code development is a great route to take. This is our bread and butter as we focus on providing no-code development services. And this is where we can help your company do its best and start generating hard cash in practically no time.
Just like the squiggly image above shows, you can really build out a fully functional SaaS and/or cross-platform app with your bare fingertips. No need to learn coding, or hire an exorbitantly priced coding team.
This so solves all of your problems - and, just don't tell my boss that I told you - we are already testing a couple of SaaS apps on our own. We've been building and upgrading them completely in-team, without any outsourcing to native-coders.
Like none, seriously. We can help you develop your MVP within a couple of weeks!
Now, if you want one tip, then it would be "go and watch that video we've linked above".
Here, at Xmethod, we are all about bringing golden insights and value to you. We want you to succeed and have fun while you do that. Go no-code, go success.
Conclusion
- Hundreds of GPT-based business ideas pop into existence literally on the daily basis
- To navigate the innovative wave, you need to tackle prompt engineering, value through convenience and nocoding toolset
- Look around and identify ideas that improve the status quo. That's your entry, capture the opportunity and start gathering a boatload of users in no time.
- Keep watching YouTube videos like the 2 we've linked above to keep tabs on the major trends in the biz of GPT-powering your next business idea
- Partner up with an effective no-code development agency like Xmethod to quickly build an MVP and generate traffic/raise funding