Make Money With AI: How One Freelancer Earns $10K/Month

Need to earn six-figures with AI? On the one-year anniversary of ChatGPT’s launch, quite a few freelancers are doing just that. Higher yet, they maintain that nearly anyone can make cash with AI.

Consider Mark Kashef. The 29-year-old Canadian earns $10,000 a month helping people navigate ChatGPT.

“I began my consultancy on Fiverr just just a few days after ChatGPT got here out,” he says. “Rapidly, I went from earning just a few hundred dollars a month to earning hundreds. As a freelancer, it has been exhilarating.”

Kashef, whose specialty is prompt engineering, says he uses the tools himself to make cold calls on potential clients. He’s also working with a psychiatrist, who desires to automate her intake forms. And with an creator, who desires to customize children’s books. Each clients expect to vastly increase their productivity and profits with automation.

Make Money with AI

Kashef is just one among many AI experts who’re making a mint helping others navigate this recent work landscape. Louie Martin, 38, has a full-time job. But, in his free time, he earns $150 an hour creating graphic designs with an AI tool called MidJourney, for instance.

“That is only a side gig for me, but when I desired to spend more time, I could double or triple my income,” Martin says.

But you don’t must be a synthetic intelligence expert to earn six-figures with AI tools, each experts agree. Almost any freelance business can increase income and profitability by utilizing these tools to automate rote work, create recent products or design marketing materials. AI tools may even show you how to find customers and pitch them your small business ideas.

How do you make cash with AI?

Area of interest

There are actually a whole lot of AI tools and more are being developed on daily basis. Nobody can learn to make use of all of them. Work out only one thing that your small business needs — or can do for others — and concentrate on learning how AI can show you how to deliver a services or products faster and more effectively. And in the case of deciding on your small business area of interest, the narrower the area of interest the higher.

Martin, for instance, focuses on using MidJourney to create book covers.

Why? There are a whole lot of hundreds of books written yearly and lots of of them are self-published. Meaning the creator must find an artist to create a compelling illustration that telegraphs what the book is about. Nevertheless, Martin says good book-cover artists are rare. He thought he could provide a greater product at an inexpensive price by utilizing AI to rapidly produce multiple variations on a particular theme.

“There are a variety of individuals who can design book covers cheaply — but they do it badly,” he says. “I felt like I could make covers that basically conformed with specific design elements that authors requested.”

Through the use of MidJourney, Martin says he can spin out dozens of book-cover variations, all using the client’s requested design elements, without spending hours personally manipulating the pictures.

Audit

If you happen to don’t have a transparent idea how AI can assist your small business, Kashef suggests that you just conduct an AI audit. This identifies regular tasks you possibly can give to a bot to liberate time. That provides you more time to think about things that require your personal touch.

Start the audit by clearly defining what you do and why you do it. Also detail what specific tasks should be accomplished each week or month for the business to run. And, finally, consider what makes your product or your small business unique.

The processes that make the business run, but don’t define it, are areas you can automate.

Some examples: Bloggers may use AI to create snappy and Search engine marketing-optimized headlines. Web developers can use AI to write down code. Interior designers can use AI to maneuver furniture around a virtual room, while graphic artists can use it like Martin to create multiple variations of their work.

Learn

Artificial intelligence is evolving at a breakneck pace. Even if you happen to’re an authority in a single area today, you’ll must keep reading, experimenting and learning to stay an authority.

Kashef says he sets aside an hour on daily basis to easily read and journal what’s occurring in his business segment.

Also consider taking courses and watching YouTube tutorials on the tools you would like. As these products evolve, they add features. Maintaining-to-date permits you to use them more effectively.

Get help

Undecided where or start? Ask an authority for help.

To make certain, you possibly can watch YouTube tutorials all day totally free. But, if you happen to’re just getting began and find the landscape too complex to navigate on your personal, it could be price spending a couple of dollars to get an authority to show you how to.

Yow will discover experts inside your industry by approaching your trade association or union. You can too find a wide selection of AI experts on Fiverr. Lots of them provide one-on-one tutorials for a reasonably reasonable cost.

“If you happen to could spend $50 or $100 to avoid wasting yourself two days of your time, would you do it?” asks Kashef.

Disclose

If you happen to provide a services or products that’s produced — even partly — with AI tools, each Kashef and Martin suggest that you just disclose that. This might be within the Terms of Use in your website or within the boilerplate of your contracts. Or, in fact, it might be a screaming banner headline in your product commercial.

While disclosing the usage of AI tools is just not a current requirement, Martin says clients appreciate the transparency and it helps them higher understand the service he’s offering. Nevertheless, it’s price nothing that the Federal Trade Commission also may start requiring AI disclosures not less than in some circumstances.

“There are only a few things you can’t improve with AI,” says Kashef. “You should use it to raise your small business to be extraordinary.”

12/11/2023