The Actual Easiest AI Side Hustle of 2023 ($307K+)

Alek
24 Mar 202310:55

TLDRThe video discusses a lucrative AI-powered side hustle involving the creation and sale of digital download patterns, which has netted over $307K. It highlights the use of an AI tool called mid-journey version 5 to generate seamless pattern textures from text prompts. The process is straightforward: create a pattern using the AI, upscale the image, and sell it online, with a focus on platforms like Etsy. The video also explores the potential earnings from such patterns, as demonstrated by successful Etsy shops. It provides a step-by-step guide on using mid-journey, from joining their Discord server to generating and refining patterns. Additionally, it covers how to correct any graphical errors using a free online tool and suggests various monetization strategies, including selling on Etsy, using print-on-demand services like Printify, and listing on platforms like Redbubble and Society6. The video emphasizes the ease of this side hustle and its potential as a passive income stream.

Takeaways

  • 🎨 An Etsy shop has made over $307K by selling digital download patterns, showcasing the potential of AI in creating and selling seamless pattern textures.
  • 🚀 The release of mid-journey version 5 presents an opportunity for a new business model, as it is a powerful tool for generating high-quality patterns with minimal effort.
  • 💰 The process of creating and selling patterns is straightforward: use a text-to-image AI like mid-journey, generate a pattern, and sell it online, with AI doing most of the work.
  • 🌟 Successful patterns from existing shops like Old Market and digital curio are a good reference for what sells and how much revenue can be generated from a single listing.
  • 📈 By understanding customer needs and applications, such as crafting and printing on fabrics, creators can tailor their patterns to meet market demands.
  • 📊 After Etsy's fees and taxes, sellers can expect to keep around 91% of their gross revenue, making it a profitable business model.
  • 🔗 Joining mid-journey AI is simple: sign up for their beta, join their Discord server, and start generating images for your patterns.
  • 🛠️ The mid-journey AI allows for customization of the generated patterns through settings that control the level of stylization or creativity the AI applies.
  • 🧩 To fix any graphical errors, tools like the free online alternative to Photoshop, photopea, can be used to edit and perfect the patterns.
  • 🛍️ Monetization options are diverse, from selling digital files on Etsy to using print-on-demand services like printify or listing on platforms like Redbubble and Society6.
  • 📈 The print-on-demand model is particularly appealing as it is passive, requiring minimal effort after the initial setup, and allows creators to set their own prices and profit from sales.

Q & A

  • What is the easiest AI side hustle mentioned in the transcript?

    -The easiest AI side hustle mentioned is an Etsy shop selling digital download patterns using AI tools like mid-journey to create seamless pattern textures.

  • What is mid-journey and how is it used in this context?

    -Mid-journey is an image AI that creates new patterns from scratch based on text prompts. It is used to generate seamless pattern textures for digital download products.

  • What is the significance of the 'dash-dash tile' in the prompt given to the AI?

    -The 'dash-dash tile' at the end of the prompt tells the AI to generate a seamless pattern that can be tiled without any visible breaks.

  • How much revenue has the shop called Old Market made from selling digital papers or seamless patterns?

    -Old Market has made around three hundred and seven thousand dollars from selling digital papers or seamless patterns.

  • What is the potential profit margin for selling a digital product on Etsy?

    -After Etsy's fees and taxes, sellers can keep around 91 percent of their gross revenue as profit.

  • How can one join the mid-journey AI?

    -To join mid-journey AI, one needs to visit their website, click on join the beta, and then join their Discord server to generate images.

  • What are some ways to monetize the AI-generated patterns?

    -The patterns can be sold as digital downloads on platforms like Etsy, used in print-on-demand services like Printify, or uploaded to marketplaces like Redbubble and Society6.

  • What is the role of the 'stylization' setting in the AI tool?

    -The 'stylization' setting determines the level of creativity the AI adds to the generated image. A low stylization setting will create a more literal image based on the prompt, while a high stylization setting will add more of the AI's own creativity.

  • How can one fix graphical errors in the AI-generated patterns?

    -Graphical errors can be fixed using a free Photoshop alternative online like photopea, where one can use the spot heal tool to paint away imperfections.

  • What is the print-on-demand business model and how does it work?

    -The print-on-demand business model involves uploading a pattern to a product, listing it for sale, and having the product printed and shipped only when a customer orders it. The seller does not handle the inventory or shipping.

  • What is the advantage of using platforms like Redbubble and Society6 for selling AI-generated patterns?

    -Platforms like Redbubble and Society6 offer a free and easy way to list and sell products. They handle marketing and customer service, and the seller only needs to upload the pattern and set the price.

  • What is the potential downside of listing products on Etsy?

    -The downside of listing products on Etsy is the cost of about 20 cents per listing, which can add up if a seller has many products.

Outlines

00:00

💰 Starting an AI-Powered Pattern Business on Etsy

This paragraph introduces an AI-driven business model for creating and selling digital download patterns on Etsy. It highlights the potential for passive income using AI tools like mid-journey version 5 to generate seamless pattern textures. The process involves using text-to-image AI with specific prompts to create high-quality patterns that can be sold online. The video also provides an example of a successful Etsy shop, 'Old Market,' which has made significant revenue from selling digital papers or seamless patterns. It emphasizes the ease of starting this side hustle, the potential profit margins after Etsy's fees, and provides a step-by-step guide on how to join mid-journey AI and generate the first image using the platform's Discord server.

05:01

🎨 Customizing AI-Generated Patterns and Exploring Monetization Options

The second paragraph delves into customizing the AI-generated patterns by adjusting the stylization settings to control the level of creativity the AI applies to the pattern. It demonstrates how varying the stylization can lead to different pattern outcomes, from simple and literal to highly creative and unique. The speaker then attempts to generate watercolor patterns similar to bestsellers on Etsy and discusses the possibility of re-rolling the same prompt for new pattern variations. The paragraph also covers how to use a free online tool, photopea, to correct any imperfections in the AI-generated patterns. Lastly, it explores various ways to monetize these patterns, including selling digital files on Etsy, using print-on-demand services like printify, and listing on platforms like Redbubble and Society6, which offer a passive income stream with minimal upfront costs.

10:02

🚀 Passive Income Opportunities with AI-Generated Patterns

The final paragraph emphasizes the passive nature of the AI pattern business once the designs are posted online. It discusses the appeal of setting your own prices and splitting the commission with the chosen platform, which handles marketing and customer service. The speaker encourages viewers to consider this business model as an easy side hustle to gain confidence in online selling. The video concludes with a call to action to follow the speaker online for more information and assistance.

Mindmap

Keywords

💡Etsy shop

An online store on the platform Etsy where individuals can sell handmade or vintage items and craft supplies. In the video, the Etsy shop is highlighted as a successful example of a business that has earned over $307K by selling digital download patterns, which are a key focus of the video's discussion on leveraging AI for creating and selling seamless pattern textures.

💡AI pattern business

This refers to a business model that utilizes artificial intelligence tools to create and sell pattern designs. The video emphasizes the ease of starting such a business, especially with the advent of new AI tools like Mid-Journey version 5, to generate seamless pattern textures for passive income generation.

💡Mid-Journey version 5

A text-to-image AI tool that is capable of creating new patterns from scratch based on given prompts. It is a central tool discussed in the video for generating seamless pattern textures, which can then be sold online. The video outlines how this tool can be used to create high-quality, unique patterns with minimal effort.

💡Digital download patterns

These are digital files containing pattern designs that customers can download and use for various purposes such as crafting, printing on fabrics, and more. The video script explains how these patterns can be created using AI and sold as a source of income, with the Etsy shop 'Old Market' mentioned as a successful case.

💡Seamless pattern textures

A type of pattern that can be tiled without any visible seams, making it suitable for various applications like wrapping paper, fabric design, and digital backgrounds. The video demonstrates how to create these using AI, which is crucial for the discussed business model's success.

💡Passive income

Income earned with little to no effort after the initial setup. The video presents the AI pattern business as a means to generate passive income by selling digital patterns online, leveraging the AI's ability to create patterns with minimal human input.

💡Discord server

A communication platform where the Mid-Journey AI tool is accessible. The video instructs viewers on how to join the Mid-Journey beta through Discord, which is necessary for generating the AI patterns discussed in the video.

💡Commercial rights

The legal permissions required to use, sell, or distribute a product, in this case, the AI-generated images. The video mentions the need to upgrade to a paid plan to obtain commercial rights for the patterns generated, which is essential for those planning to sell their patterns.

💡Print-on-demand

A business model where products are only produced when a customer orders them, eliminating the need for inventory. The video suggests using platforms like Printify to sell products with the AI-generated patterns, where the pattern is printed on demand and shipped directly to the customer.

💡Redbubble and Society6

Online marketplaces that allow artists to sell their designs on various products. The video proposes these platforms as alternative ways to monetize AI-generated patterns by uploading the designs and allowing the platforms to handle the production, marketing, and customer service.

💡Photopea

A free online photo editing tool, which is suggested in the video for fixing any graphical errors in the AI-generated patterns. The script provides a brief tutorial on how to use the spot heal tool in Photopea to correct imperfections in the patterns before selling them.

Highlights

An Etsy shop made over $307K by selling digital download patterns with the help of AI.

Mid-Journey version 5 is a new AI tool that can create seamless pattern textures from scratch.

The AI pattern business is the easiest and most straightforward business model out of seven presented.

Using text-to-image AI, one can generate high-quality seamless patterns for passive income online.

Old Market shop has made around $307,000 selling digital papers or seamless patterns on Etsy.

A single listing of watercolor flowers has generated approximately $1,800 in revenue.

Patterns are used for various purposes like crafting, sublimation printing on fabrics, and making envelopes or journals.

Digital Curio has achieved over 707,000 sales, likely earning about $3.2 million with their best-sellers being seamless pattern textures.

After Etsy's fees and taxes, sellers can keep around 91% of their gross revenue from digital products.

Joining Mid-Journey AI involves signing up for their Discord server and selecting the appropriate version for image generation.

To create a seamless pattern, the prompt must include '--tile' to instruct the AI.

Stylization settings can be adjusted in Mid-Journey to control the level of creativity in the generated patterns.

The generated patterns can be upscaled for higher resolution and better quality.

Graphical errors in the patterns can be fixed using a free online tool like Photopea.

Patterns can be sold as digital downloads on platforms like Etsy, with minimal prep work required.

Printify allows for the creation of print-on-demand products with uploaded patterns, which can be sold on Etsy.

Redbubble and Society6 offer free listings and handle marketing and customer service, making it an easy side hustle to start.

The print-on-demand business model is passive, with the seller setting the price and splitting the commission with the platform.

This AI side hustle can be a confidence booster for those looking to start selling online.