Want to know how to make money with ChatGPT in 2023? Here are the 11 Best Passive Incomes With ChatGPT that you can make if you use the right tools and have the right mindset.
If you didn’t know already, ChatGPT is taking over the Internet now in 2023 and is already making a lot of people wealthy and all from the comfort of their own homes with minimal effort. Any catches? Nope.
All you have to do is find the one that suits you and your set-up and go out there and smash it with a hustler’s mindset as I have and make money online with the best AI chatbot in town; ChatGPT by OpenAI.
If you want to make money with passive incomes with ChatGPT, this is the best article you will find on the web that can provide you with so many great money making ideas.
Whether you are a beginner or a professional, it don’t matter when it comes to making money online in 2023. You are all equal in the eyes of money-making online.
So buckle up and get ready to make money with ChatGPT because it’s the best AI tool in the world and it does increase your workload by a mile on any project and it could replace Google.
Top 11 Best Passive Incomes With ChatGPT
1. Blogging
There is no better time to start making a blog than in 2023 especially with the help of chatbots such as ChatGPT because not only will they build your blogs for you but they do rank well.
Having used lots of chatbots for other stuff in the last couple of years on many of my blogs, ChatGPT seems to be the best out of them all, and now that they have cleverly teamed up with Bing by Microsoft, surely things can only get better for AI tools like this great invention.
With ChatGPT, you can smash out either some great content or use it to pump out some great prompts for long form article ideas that can smash your competition or alternatively,Â
You can create lots of micro blogs or niche blogs as they call them and make a killing by running ads on them such as Adsterra and Adsense. Especially if you target long tail keywords.
Blogging isn’t no get rich quick idea using ChatGPT out of all these 11 best passive incomes because you do have to put the work in and you may have to wait a while to see any ROI.
Just bear this in mind before putting your time and money into creating your blog empire.
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2. Sell Digital Goods
Another great way to make money passively with ChatGPT is by using ChatGPT to create some great side hustle ideas for selling digital goods on platforms such as Etsy and eBay.
My sister used ChatGPT to come up with a dozen or so new ideas that she used on Canva.com.
Create some great digital print ideas and then once you upload them once, you just sit back and wait for all the money to come in.
All done passively of course from the minute you have finished uploading them and marketing your digital prints on your other social sites or just through word of mouth.Â
There are other digital goods sellers out there such as Optimum Planners who have sold over 27k in sales passively at $3 a pop for her digital planners and she does it with her feet up.
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3. Start a Dropshipping Store
This is yet another great way to make passive income after you have done the initial outlay and hard work at first, you will get to become passive once you make everything go LIVE.
Unless you need to be a little action to get things wrapped like gifts or some sort of homeware goods but the great thing about dropshipping is that once you have built a store.Â
Usually with platforms like Shopify or WordPress, all you have to do without owning any product or touching any goods is use an app such as Oberlo.
You set your own prices and when customers pay you, you just get their goods sent out via China at a reduced cost to you and you make the difference. Basically you are the middleman.
How will ChatGPT help me?
- Product ideas
- Domain names
- The right niche
- Building blogs
- Product descriptions
- SEO for the site
- Meta Descriptions
- Keyword Research ideas
Just make sure you know what you want to sell before you go into dropshipping but if this is done well you can generate a great passive income from something you haven’t even touched.
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4. Create an Online Course
Got an idea for a great course? Well, why not use ChatGPT to create an awesome course such as Blogging for beginners or How to make money with ChatGPT and then sell that course online?
Now you can without even using you or your own videos so let me show you how in this section coz this is my favorite idea out of all these 11 best passive incomes with ChatGPT.
How do I get started with creating a course for passive income?
First off, all you need to do is go get on Google Trends and find an area that not many people know much about such as ChatGPT and find a great few topics for this sort of idea.
Go onto ChatGPT and ask it to create you a full course outline on let’s say “Making money with ChatGPT” and then with the outline, give it another prompt to create each section and what to say within each section.
You can use a Chrome extension called AIPRM that has these many great prompts already preformatted and created by other users for you to use at your own leisure and it’s free.
So get the course ready and then go to MINI COURSE GENERATORÂ
Create your own AI-generated course and then go sell it to your friends or family or anyone wishing to buy it from your own blog/site.
You can sell your courses on sites like:
You will find a great deal of help with the above course platforms and find that there are millions of people looking for your sort of course so if you didn’t have a following, it’s fine.
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5. Create APIs To Sell Online
Thanks to ChatGPT, you can build APIs (Application Programming Interfaces) and then flip them online to people searching for them to help make their life easier.
What is an API?
An API, or application programming interface, is a set of defined rules that enable different applications to communicate with each other.
How do you create them?
This is where ChatGPT comes into play when you give it the right prompt.
How to sell them and where?
You can sell them on the biggest API marketplaces on the web called Rapidapi.com
6. Affiliate Marketing
Another way to monetize your blog or website is through affiliate marketing. This involves promoting other people’s products and earning a commission on every sale you generate.
I have never done this idea myself personally but i guess in theory this one could potentially be a goldmine due to all the affiliate network platforms from Clickbank to JVZoo to make it happen for you.
Just bear in mind that there will be a huge competition out there waiting to gobble you up but don’t allow this to throw you off course because if you make your sales better, you will sell anything.
7. Sell Stock Photos
If you’re a photographer, you can sell your photos on stock photography websites like Shutterstock. Every time someone downloads one of your photos, you earn a royalty.
If you don’t own a good camera like a DSLR, then you could still use a smartphone to take great pics and then flip them on sites like the ones mentioned above that sell photos.
Using ChatGPT, you can find lots of these stock photo companies that desperately want your photos where you can upload once and thereafter, earn a tidy passive income or two.
Keep in mind that some of these stock photo companies require some sort of subscription fee that could potentially put you off!
8. Mobile Apps
If you have an idea for a mobile app, you can create it and earn passive income through in-app purchases or ads. Once the app is published, you can earn money without any additional effort.
One of the perks about using ChatGPT is that if you ask it nicely you can get your idea turned into a fully functioning app that can generate passive income.
Or you could offer this skill as a job skill on the likes of Fiverr.com to help build other people’s app ideas using ChatGPT.
Perfect for anyone wishing to get started into making apps for smartphones because if you create the right app it can set you up for life. All you do then is give it away for free and kill it with the ad revenue from Google Admob.
9. YouTube
If you have a YouTube channel, you can earn passive income through ad revenue and sponsorships. Once you’ve created and uploaded your videos, you can earn money every time someone watches them.
ChatGPT can help you generate everything from the right sort of niche to creating the text for your descriptions on all your videos to generating the best-ever mind-blowing video titles.
Then once your channel qualifies for running ads on your videos, you will generate a great passive income from Adsense and many other ways that you can use to monetize your channel.
Just be warned that from 2023, it’s very hard to get approved for your channels with Youtube as they are getting strict. So keep your content clean and useful and very addictive and who knows? you could become the next Mr Beast.
10. Creating Ebooks
If you have knowledge or expertise in a particular area, you can write an e-book and sell it on Amazon or other online marketplaces. Once it’s published, you can earn a passive income from every sale.
Don’t worry if you don’t have any expertise as this is where ChatGPT comes into play and totally turns it around for you and helps you create an idea and puts it on an ebook for you to sell.
Plenty of places for you to flog your newly published ebook from Etsy to Payhip to even Amazon, the world is more or less your oyster, and if your new ebook does well your bank balance will soon grow passively every month.
This is probably the best passive income out of them all and I should know as I have made thousands with ebooks over the years and they are a great little money spinner.
11. Sell Poems / Songs
Now this one could make you good money if you are a poet or not. It doesn’t really matter as there will always be an audience out there who will buy your work.
You can use ChatGPT to smash out the best poems or songs and you can sell them online via sites like:
Just be aware for any unexpected monthly fees that you may not want to pay or even when they try to sell you something against your will.
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Conclusion
Thanks for reading my 11 Best Passive Incomes With ChatGPTÂ article!
As we now know, there are many ways to create a passive income stream with the help of ChatGPT.
Whether you’re a writer, photographer, investor, or entrepreneur, there’s an opportunity for you to earn money without trading your time.
With a little effort up front, you can set yourself up for long-term financial success.
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FAQs (Frequently Asked Questions)
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What is passive income, and how is it different from active income? A: Passive income is income that is earned without trading time or effort for it. Active income, on the other hand, is earned by trading time and effort for money, such as in a traditional job.
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How much money can I make from passive income? A: The amount of money you can make from passive income depends on the specific income stream and the effort you put into it. Some passive income streams can generate a small amount of extra income each month, while others can be very lucrative and earn a full-time income.
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How long does it take to start earning passive income? A: The time it takes to start earning passive income varies depending on the income stream. Some, like ad revenue or affiliate marketing, can start generating income almost immediately. Others, like creating an e-book or developing a mobile app, can take longer to produce and start earning income.
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Do I need any special skills or knowledge to earn passive income? A: While some passive income streams, like creating an e-book or developing a mobile app, require specialized knowledge or skills, many can be pursued by anyone with a computer and internet connection.
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Do I need to invest money to earn passive income? A: Some passive income streams, like dividend stocks or peer-to-peer lending, require an initial investment. Others, like ad revenue or affiliate marketing, can be pursued with no initial investment.
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Are there any downsides to earning passive income? A: While earning passive income can be a great way to earn extra money, there are some downsides. Some income streams require ongoing effort to maintain, and others can be subject to market fluctuations or changes in the industry.
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What are some common mistakes people make when trying to earn passive income? A: Common mistakes include not putting in enough effort up front, not choosing the right income stream for their skills and interests, and not properly managing and maintaining their income stream.
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How can ChatGPT help me earn passive income? A: ChatGPT can provide advice and suggestions for passive income streams based on your skills and interests, as well as provide tips for managing and growing your income stream.
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Can I earn passive income while working a full-time job? A: Yes, many passive income streams can be pursued on a part-time basis while still working a full-time job.
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Are there any legal or tax implications to earning passive income? A: Yes, it’s important to understand the legal and tax implications of earning passive income, such as reporting your income and paying taxes on your earnings. It’s recommended to consult with a financial advisor or tax professional to ensure you are complying with all relevant laws and regulations.
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What are some good passive income jobs I can do from home? A: Some examples of passive income jobs you can do from home include blogging, selling digital products, affiliate marketing, and creating an online course.
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What is dropshipping, and how can it generate passive income? A: Dropshipping is a retail fulfillment method where the store doesn’t hold the products it sells in stock. Instead, the store purchases the product from a third party and has it shipped directly to the customer. By setting up an online store and dropshipping products, you can earn passive income through sales without the need to handle inventory.
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What is the meaning of passive income? A: Passive income is income that is earned without trading time or effort for it. It is typically generated through investments or by creating a product or service that can continue to generate revenue over time.
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What are some websites where I can earn passive income? A: Some popular websites where you can earn passive income include YouTube, Amazon Associates, Airbnb, and Udemy.
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What are some passive income ideas that require little money to get started? A: Some passive income ideas that require little money to get started include affiliate marketing, blogging, creating digital products, and peer-to-peer lending.
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What are some passive income ideas for students? A: Some passive income ideas for students include selling class notes online, creating and selling digital products, renting out a spare room on Airbnb, and participating in paid surveys or focus groups.
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What are some passive income ideas for 2023? A: It’s difficult to predict specific passive income ideas for 2023, as the market and economy can change rapidly. However, some timeless passive income ideas that will likely remain popular in 2023 and beyond include dividend stocks, rental properties, and creating digital products.
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Where can I find a list of 101 passive income ideas under $1000? A: There are many resources online that provide lists of passive income ideas under $1000. Some examples include blogs, YouTube videos, and e-books. A quick Google search will turn up many results to explore.
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Is it possible to earn passive income with no money at all? A: While some passive income streams do require an initial investment, there are some that can be pursued with no money at all, such as creating content on YouTube or starting a blog on a free platform.
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How can I get started with earning passive income? A: The first step to earning passive income is to research and identify income streams that align with your skills and interests. Once you’ve identified a potential income stream, start taking action by creating a plan and setting goals to work towards. With persistence and effort, you can begin earning passive income and building a sustainable income stream over time.
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Welsh finance blogger who has been blogging since 2008 and finding the best ways to make money online and from blogs in almost every niche.