The Laziest AI Side Hustle to Make Money Online in 2024

Summary

In this video, Matt Par discusses his journey of finding the best side hustle, eventually landing on automated YouTube channels using AI for content creation and SEO. He shares three methods: creating content yourself, hiring freelancers, and using AI tools. He highlights the benefits of each, emphasizing the efficiency and cost-effectiveness of AI tools. Matt introduces 'Tube Magic,' his software for generating video ideas, scripts, and optimization, and demonstrates its features. He also recommends 'Story Blocks' for high-quality stock footage. Finally, he offers a free course to help viewers get started with these strategies.

Takeaways

• 😀 The speaker has spent a decade discovering the best online side hustle, which eventually became highly profitable.
• 🚀 Initially, the speaker nearly gave up on side hustles, but then found a highly effective method for making money online.
• 💰 The successful side hustle involves running automated niche YouTube channels with AI for content creation and SEO.
• 📈 There are three main methods for running YouTube channels, differing in required initial capital and workload.
• 🔍 The first method is labor-intensive with no investment, suitable for those with ample time, like teenagers.
• 💼 The second method requires less work but more initial capital, making it suitable for adults who can invest money.
• 🌐 The third method, the speaker's current approach, combines the best of both: low effort and minimal startup capital.
• 🎥 The first method involves creating content manually, which the speaker learned from scratch and still practices.
• 🛠️ The second method involves outsourcing tasks to freelancers, which is more costly but saves time.
• 🤖 The third method uses AI tools to automate the entire process, saving both time and money.
• 🔑 The speaker emphasizes the importance of choosing the right niche and uses a tool called Tube Magic to identify high-RPM niches.
• 📚 Tube Magic is a software that helps with various aspects of YouTube channel management, including idea generation and video scripting.
• 🏢 The speaker recommends using stock footage from Storyblocks for video backgrounds to avoid copyright issues.
• 🎨 For video editing, the speaker suggests using the Storyblocks maker tool or other free editors like CapCut or iMovie.
• 🔄 The speaker advises uploading videos as unlisted initially, then using Tube Magic to optimize titles, descriptions, and tags.
• 👨‍🏫 The speaker offers a free course for in-depth guidance on running a YouTube channel using these methods.

Q & A

What is the main topic discussed in the video?

The video discusses the best side hustle for making money online, specifically through running fully automated niche YouTube channels utilizing AI for content creation and search engine optimization.

What were the speaker's initial challenges with side hustles?

The speaker faced numerous failed side hustles and almost gave up, resigning to a traditional 9-to-5 job before discovering the successful side hustle of running automated YouTube channels.

What are the three different ways to run YouTube channels mentioned in the video?

The three ways are: 1) Creating all the content yourself, 2) Hiring freelancers to create content for you, and 3) Using AI tools to automate content creation and optimization.

What is the recommended niche selection tool mentioned in the video?

The recommended tool for selecting a niche is Tube Magic, a software developed by the speaker to help generate video ideas, scripts, and optimize videos.

What is RPM and why is it important?

RPM stands for Revenue Per Mille, which is the amount of money a channel makes per thousand views. It is important because higher RPM means earning more money with fewer views.

How does Tube Magic help in content creation?

Tube Magic helps by generating video ideas based on successful channels, writing scripts using AI, and optimizing videos for search engines.

What is the advantage of using stock footage in YouTube videos?

Stock footage can be used to enhance video content without worrying about copyright issues, providing high-quality visuals that are often expensive to produce independently.

Which stock footage provider is recommended in the video?

The recommended provider is Storyblocks, which offers unlimited high-quality downloads of stock footage, audio, and other media for a monthly subscription.

What editing tools are suggested for creating YouTube videos?

Suggested editing tools include Storyblocks' Maker Tool, CapCut, and iMovie. These tools help in importing audio, stock footage, and other media to create a complete video.

How does Tube Magic optimize videos after they are created?

Tube Magic provides optimized titles, descriptions, and tags for the video by scanning the content and generating high-quality metadata to improve search engine visibility.

What AI tools are mentioned for generating video scripts and voiceovers?

AI tools mentioned include Tube Magic for generating scripts and Eleven Labs for creating hyper-realistic AI voiceovers.

What should be done after uploading a video to YouTube according to the video?

After uploading, the video should be set to unlisted, and then Tube Magic's optimization features should be used to generate optimized titles, descriptions, and tags before making the video public.