How to Make Money Using Midjourney ($100/Hour Side Hustle)
TLDRThe video discusses a lucrative side hustle involving the creation and sale of AI-generated art, specifically through the use of the Midjourney AI tool. The presenter highlights the growing popularity of AI, mentioning the rapid user acquisition of platforms like Chat GPT. They delve into the business model of selling AI art on Fiverr, where freelancers are offering services utilizing AI tools and generating significant income. The video provides insights into the potential earnings from such gigs, with examples of successful listings on Fiverr. It also explores other AI services being sold, like coding and content editing, and gives a step-by-step guide on how to set up a Fiverr gig, from creating a Discord account for Midjourney access to listing and selling AI-generated images. The presenter concludes by emphasizing the low risk and high earning potential of this side hustle and encourages viewers to explore additional AI art money-making methods.
Takeaways
- 💰 People are making over $100 an hour by monetizing AI services, particularly by selling AI-generated art.
- 🚀 AI's popularity is surging, with platforms like Chat GPT gaining millions of users in record time, suggesting AI is here to stay.
- 🔧 AI tools are being used in daily work to enhance productivity and creativity, such as summarizing, rewording, or generating ideas.
- 🌐 Fiverr has launched a dedicated section for AI services, offering a variety of gigs that are earning significant income.
- 🎨 Mid-journey is an AI tool that generates images from text prompts and is considered easy to use with high-quality results.
- 📈 AI artists using Mid-journey on Fiverr are reportedly earning more than those using other tools like Dali or Stable Diffusion.
- 💼 The business model involves listing a service on Fiverr, waiting for orders, and getting paid for the time spent on each gig.
- 📊 Successful gigs on Fiverr have hundreds of reviews and can earn thousands of dollars, with some artists making over $20,000 a month.
- 📝 Chat GPT can provide step-by-step instructions for various tasks, including coding for blog writing services.
- 📈 The potential income from AI art services is substantial, with some gigs charging between $20 to $65 and making hundreds to thousands per sale.
- 📱 To get started, one needs a Discord account to access the Mid-journey bot, which can be upgraded for commercial use at a cost.
Q & A
What is the potential hourly income for individuals who are monetizing AI services?
-Individuals are making over a hundred dollars an hour by monetizing AI services, particularly through selling AI art.
How has the popularity of AI grown in recent times?
-AI has exploded in popularity, with examples like chat GPT reaching 1 million users in five days and over a hundred million users in two months, which is a much faster growth compared to platforms like Instagram.
What is the significance of Fiverr opening an entire section for AI Services?
-The opening of an AI Services section on Fiverr signifies the formal recognition of AI as a legitimate and profitable service industry, offering a platform for freelancers to sell their AI-related services.
How does the AI tool 'mid-journey' differ from other AI image generation tools?
-Mid-journey is considered the easiest image generation AI to use and it produces high-quality results. It is also noted that mid-journey artists tend to earn more on Fiverr compared to artists using other tools like Dali or stable diffusion.
What are some of the services being offered in the AI section on Fiverr?
-The AI section on Fiverr includes services such as application development, art, AI models, music videos, fact checking, and content editing, with specific gigs for AI tools like chat GPT, stable diffusion, and mid-journey.
How much profit can one expect to make from a single gig on Fiverr?
-The profit varies based on the service and the number of orders. For instance, a gig charging between $40 and $200 with 40 orders in queue could result in a profit between $160 and $800.
What is the earning potential for AI artists on Fiverr?
-AI artists on Fiverr have the potential to make a significant income, with some making between $1280 to $4160 from a single gig, and others earning thousands of dollars from multiple gigs.
What is the process for setting up a Fiverr gig?
-To set up a Fiverr gig, one needs to sign up as a seller on Fiverr, provide personal information, and then list a gig for sale with images that showcase the service. Once the gig is listed, the seller waits for orders to come in.
What is the cost associated with using the mid-journey AI for commercial purposes?
-The plan that provides commercial rights to the images generated by mid-journey costs about thirty dollars.
What are some strategies to increase the visibility of one's Fiverr gig?
-Strategies include offering a variety of gigs with different types of image generation to maximize visibility, and creating multiple listings to increase the chances of being seen by potential customers.
What is the minimum time investment required to list a gig on Fiverr?
-The minimum time investment to list a gig on Fiverr is about 30 minutes, assuming that the seller has already prepared the images and content for the listing.
What is the potential downside risk of listing a gig on Fiverr?
-The worst-case scenario is that after spending time to list a gig, it may not sell. However, this side hustle is considered low risk as there is no significant financial investment required upfront.
Outlines
🚀 Monetizing AI: The Rise of AI Art and Services
This paragraph discusses the burgeoning field of monetizing AI services, with a focus on AI art. It highlights the rapid growth of AI popularity, comparing the user acquisition of AI platforms like chat GPT to social media giants like Instagram. The speaker shares their personal use of AI tools to enhance their work and introduces the concept of earning money by selling AI-generated art on platforms like Fiverr. The paragraph also mentions the recent addition of an AI Services section on Fiverr, where freelancers offer various AI-related gigs, and delves into the potential earnings from these services.
🎨 AI Art on Fiverr: Earning Potential and How It Works
The second paragraph provides an in-depth look at how AI art is sold on Fiverr, emphasizing the earning potential for freelancers. It outlines the different categories of AI services available on the platform and highlights the use of specific AI tools like mid-journey, stable diffusion, and Dali for image generation. The speaker shares examples of successful gigs and the income they generate, explaining the business model and how Fiverr's platform facilitates the sale of these services. The paragraph also touches on the process of setting up a Fiverr gig, from creating an account to listing a service and waiting for orders.
📈 Setting Up a Fiverr Gig: Steps and Strategy
The final paragraph details the process of setting up a Fiverr gig from scratch, including the creation of an account and listing a service. It discusses the use of the mid-journey AI for generating images and the strategy of offering various types of image generation services to maximize visibility. The speaker shares their plan to create multiple listings to increase the chances of sales and demonstrates the use of chat GPT to assist with the gig's title and description. The paragraph concludes with the speaker's intention to monitor the success of their newly listed gig and possibly create a follow-up video to share the results.
Mindmap
Keywords
💡Midjourney
💡Fiverr
💡AI Art
💡Stable Diffusion
💡Dali
💡Discord
💡AI Services
💡Gig
💡Monetization
💡Chat GPT
💡People Per Hour
Highlights
Individuals are making over $100 an hour by monetizing AI services, specifically through selling AI art.
AI's popularity has exploded recently, with platforms like Chat GPT reaching 1 million users in five days.
AI tools are being integrated into daily work, offering creative ideas and content summarization.
Fiverr has introduced an official section for AI Services, opening opportunities for freelancers.
AI-generated images through tools like Midjourney are being sold on Fiverr, with artists earning substantial income.
Midjourney is considered the easiest and highest quality image generation AI, according to the speaker's research.
AI art services on Fiverr range from $20 to $65, with some artists making thousands of dollars.
Successful AI art gigs on Fiverr have over a hundred reviews, indicating a high demand for the service.
AI art creation is a side hustle that pays for time spent working, with the freelancer setting their own rates.
The potential earnings from AI art services are significant, with examples given of sellers making between $10,000 to $26,000.
People Per Hour is another platform where AI services are listed, with some gigs charging $190 per service.
To start, one needs a Discord account to access the Midjourney bot for image generation.
Midjourney is free initially but requires an upgrade for consistent image generation and commercial rights.
Setting up a Fiverr account and listing a gig is straightforward and can be done with minimal time investment.
The speaker plans to create various types of image generation gigs to maximize visibility on Fiverr.
Using AI tools like Midjourney can lead to creating 32-bit isometric landscapes, realistic portraits, and other unique images.
The process involves little financial risk and opens the door to other AI art money-making methods.
The speaker demonstrates creating a Fiverr gig using AI-generated images and leveraging Chat GPT for the listing's title and description.
