The BEST A.I. Passive Income Side Hustle 2024

Alek
6 Jan 202417:04

TLDRThe video script outlines a lucrative side hustle involving the creation and sale of AI-generated digital art, which has seen success with one shop earning six figures in under a year. The process is simple, starting with the use of an AI image generator called mid Journey to create images from text prompts. The focus is on producing high-quality, sellable artwork that aligns with popular styles, such as vintage and rustic designs. The script guides viewers on how to refine prompts for better images, package them into appealing listings, and sell them online for passive income. It also discusses market research to understand what sells, the importance of professional mockups, and the option to expand into physical prints through print-on-demand services. The guide encourages viewers to start this business with minimal investment and offers resources to help get started.

Takeaways

  • πŸ’Έ **Significant Profit Potential**: A shop using AI tools to sell digital artwork made over six figures in less than a year, emphasizing the lucrative potential of this business model.
  • 🌍 **Global Accessibility**: This business can be started from anywhere in the world with just $10, requiring minimal initial investment.
  • πŸ–ΌοΈ **AI Image Generation**: Midjourney, an AI image generator, converts text prompts into high-quality digital art pieces ready for online sale.
  • πŸ“ˆ **Research Matters**: Analyze successful shops to identify the types of images that sell well and tailor your artwork accordingly.
  • πŸ› οΈ **Prompts & Settings**: Experiment with prompts and settings in Midjourney to refine your art to match the desired style and quality.
  • πŸ” **Prompt Exploration**: Use Midjourney’s explore page or public domain images to find effective prompts and concepts for your own creations.
  • 🎨 **Mockups and Presentation**: Create professional mockups using AI and free tools like Photopea to enhance listings' appeal.
  • πŸ’Ύ **File Organization**: Provide downloadable links through a PDF or thank you letter to share artwork in different aspect ratios.
  • πŸ–¨οΈ **Physical Prints**: Offer physical prints via print-on-demand services like Printify to cater to customers who prefer ready-to-hang art.
  • πŸ“Š **Scaling Strategy**: Maintain separate shops for digital and physical products to streamline business operations and scale up.

Q & A

  • What is the main focus of the video titled 'The BEST A.I. Passive Income Side Hustle 2024'?

    -The main focus of the video is on using AI tools, specifically Mid Journey, to create and sell digital download art as a passive income side hustle. It guides viewers on how to start this business with minimal investment and explores successful examples of similar businesses.

  • How does the AI tool Mid Journey contribute to creating digital art?

    -Mid Journey is an AI image generator that transforms text prompts into digital artwork. It allows users to enter a description of what they want in the image, and the AI then generates sellable artwork from this description.

  • What are the initial costs mentioned for starting this AI art side hustle?

    -The initial cost mentioned for starting this business is just $10 a month for a plan that includes commercial rights to the images created with Mid Journey.

  • What key characteristics make digital art sellable according to the video?

    -The video identifies digital art that is aesthetically pleasing, professional looking, and consistent in style as sellable. Art that could be justified as hangable in a home or office, typically in rustic, moody, or vintage styles, tends to be more marketable.

  • How does the video suggest researching successful digital art?

    -The video suggests researching successful digital art by analyzing top-selling items from existing shops, reviewing customer feedback, and using tools like Aura to study what types of artwork are popular and selling well.

  • What is the recommended method for scaling images and creating mockups in the video?

    -The recommended method involves using free software to resize images to popular aspect ratios and adjusting the image quality to 300 DPI. For mockups, the video suggests using Mid Journey or a free Photoshop alternative like photop to blend the artwork into professional-looking mockups.

  • What strategy does the video provide for selling physical prints of the AI-generated art?

    -The video recommends using a print-on-demand service, specifically Printify, which integrates with Etsy. This allows the seller to offer physical prints that are printed and shipped directly to customers without the seller needing to handle the products.

  • How does the video suggest managing digital and physical product sales?

    -The video suggests keeping separate Etsy shops for digital downloads and physical products. This approach helps to streamline operations and focus marketing strategies for each type of product.

  • What is the significance of using different image aspect ratios for digital art sales?

    -Using different image aspect ratios allows digital art to be adaptable for various uses, such as different frame sizes or digital displays, making it more appealing to a broader range of customers.

  • What are the key takeaways for someone considering starting this AI art side hustle?

    -Key takeaways include the minimal initial investment required, the importance of understanding market trends in digital art, leveraging AI tools for efficient creation, and utilizing print-on-demand services for scaling the business to include physical products.

Outlines

00:00

🎨 Starting an AI Art Business: Success Stories and Tips

The video introduces a business model centered around selling AI-generated digital art, highlighting a shop's success in generating significant revenue within a year. It emphasizes the potential of AI tools like Mid Journey for creating and selling digital artwork online. The speaker provides insights into what types of art are selling well and suggests researching successful listings to understand market preferences. The video also discusses the importance of using professional mockups and provides a step-by-step guide on how to create and sell AI art listings effectively.

05:03

πŸš€ Using Mid Journey for AI Art Creation and Optimization

This paragraph delves into the process of using Mid Journey, an AI image generator, to create sellable artwork. It explains how to join the Mid Journey Discord server and use the AI to generate images from text prompts. The video outlines strategies for refining prompts, adjusting settings for better image quality, and leveraging existing successful prompts or public domain images to create artwork that aligns with market demands. It also covers techniques for generating multiple variations and upscales of the images to improve their quality.

10:04

πŸ–ΌοΈ Preparing AI Art for Sale: Resizing and Mockups

The speaker discusses how to prepare AI-generated artwork for sale by resizing it into popular aspect ratios and creating professional mockups. It provides methods for resizing images using free tools and emphasizes the importance of using mockups to showcase the artwork effectively. The video also explains how to edit mockups using a free Photoshop alternative and suggests uploading the final images to platforms like Google Drive or Dropbox for easy sharing with customers.

15:06

πŸ“ˆ Scaling the AI Art Business with Physical Prints and Print on Demand

The final paragraph outlines strategies for scaling the AI art business beyond digital downloads by offering physical prints. It introduces the use of print on demand services like Printify, which integrates with Etsy, allowing sellers to offer a wider range of products without the need for inventory management. The video explains how to set up print options on Printify, design physical products, and publish them to an Etsy shop. It also touches on the benefits of using premium plans for cost savings and offers a discount code for the platform.

Mindmap

Keywords

AI digital download art

AI digital download art refers to artwork that is created using artificial intelligence and then made available for purchase and download in a digital format. In the video, it is mentioned as a source of passive income, where the shop has made over six figures by selling such art pieces. It exemplifies how AI technology can be leveraged to create and sell art without the need for traditional artistic skills.

Mid Journey

Mid Journey is an AI image generator that is used to create digital artwork from text prompts. It is central to the video's theme as it automates the process of creating art, allowing users to generate sellable artwork from scratch. The script discusses how to use Mid Journey to produce high-quality images that can be sold online.

Passive income

Passive income is money earned with little to no effort by the individual after an initial setup of a money-making system. In the context of the video, it is the income generated from selling AI-created digital art, which requires minimal ongoing work after the initial creation and listing process.

Text prompt

A text prompt is a descriptive sentence or phrase that guides the AI image generator to create a specific type of image. It is a crucial part of the process described in the video, where the prompt determines the style and content of the generated artwork.

NIC looking listing

NIC looking listing refers to an aesthetically pleasing and professionally presented listing for the digital art pieces. The video emphasizes the importance of packaging the artwork into an attractive listing to appeal to potential buyers online.

Etsy

Etsy is an e-commerce website focused on handmade or vintage items and craft supplies. In the video, it is suggested as a platform for selling the AI-generated digital art, highlighting its large visitor base and suitability for this type of passive income business model.

Mockups

Mockups are visual representations of how the digital art will look when printed or displayed. The video discusses creating mockups using Mid Journey to make the listings more appealing and professional, which is a key strategy for increasing sales.

Print on demand (POD)

Print on demand is a service that allows sellers to offer physical products without having to manage inventory. The video suggests using POD services like Printify to expand the business by offering physical prints of the AI-generated art alongside the digital downloads.

Discord

Discord is a communication platform used in the video to access and utilize the Mid Journey AI image generator. It is where users join a server to create images and interact with the AI tool, showcasing how modern businesses can leverage such platforms for their operations.

Public domain image

A public domain image is a work of art, literature, or other content that is not protected by copyright and can be used freely. The video mentions using public domain images as a starting point for generating new artwork with Mid Journey, which is a strategy to create artwork that aligns with successful styles.

300 DPI

DPI stands for 'dots per inch' and 300 DPI refers to the resolution of an image, where it has 300 dots for every inch of its size. It is a high resolution suitable for printing. The video script mentions ensuring the digital art is at 300 DPI for high-quality prints.

Highlights

A shop has made over six figures selling AI digital download art in less than a year.

The use of AI tools like Mid Journey allows for the creation and sale of digital art as a passive income side hustle.

Starting this business requires minimal investment, with just $10 needed to begin.

Mid Journey converts text prompts into sellable pieces of artwork.

Optimizing prompts results in higher quality images suitable for sale.

Successful shops, like Antique White Art, sell rustic, vintage-style digital downloads with consistent professional looks.

One seller made over 600 artwork listings and over 31,000 sales in their first year.

Another shop generated over 1.3 million in revenue over four years by selling vintage design derivative works.

Lexington Prince, a newer shop, made over 14,000 sales and nearly $10,000 in revenue in just four months.

Researching what types of images sell is crucial to avoid wasting time on non-selling artwork.

Using a shop analyzer tool like Aura can help identify top-selling listings for inspiration.

Mid Journey can be accessed for free initially and through a Discord server.

Commercial rights to images can be obtained through a monthly subscription starting at $10.

Stylization settings in Mid Journey can be adjusted for more realistic or AI-style images.

Mid Journey's explore page and 'describe' command help recreate styles of successful images.

Public domain images can be used as a starting point to generate similar, sellable artwork.

Upscaling images in Mid Journey improves their quality for sale.

Free tools can be used to resize artwork into popular aspect ratios for versatile use.

Etsy is identified as a no-brainer platform for selling digital art due to its high traffic and demand.

Physical prints can be offered through print-on-demand services like Printify, which integrates with Etsy.

Using professional mockups significantly improves the appeal and sales potential of digital art listings.

Free resources, coupons, and discounts are available to help start and scale this business.