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.

Outlines

00:00

💰 Discovering the Best Side Hustle

The author shares their journey of finding the best side hustle to make money from home after numerous failed attempts. They detail how their earnings started small and grew to substantial amounts, emphasizing the importance of research and optimization. The hustle involves running automated niche YouTube channels using AI for content creation and SEO. The author explains three methods for running these channels, highlighting the benefits and drawbacks of each, and stresses that their favorite method combines low work and investment.

05:01

🕵️ Exploring Profitable Niches with Tube Magic

The author introduces Tube Magic, a software tool for discovering profitable YouTube niches. They explain how to use the Niche Explorer feature to find high RPM niches, giving an example of the future business niche. The tool helps users generate video ideas based on successful channels and creates scripts automatically. The author underscores the accuracy and usefulness of Tube Magic for identifying lucrative content opportunities and streamlining the scriptwriting process.

10:02

📹 Creating and Optimizing YouTube Videos

The author details the process of creating YouTube videos using stock footage and AI-generated voices. They highlight Storyblocks as a source for high-quality stock footage and describe how to edit videos easily using Storyblocks' maker tool or other software like CapCut or iMovie. Once videos are ready, Tube Magic's optimizer helps with generating titles, descriptions, and tags. The author emphasizes the cost and time efficiency of using AI tools and subscriptions for running multiple YouTube channels effectively.

Keywords

💡Side Hustle

A 'side hustle' refers to a part-time job or business that one engages in alongside their regular employment to earn extra income. In the video, the term is central to the theme as the speaker discusses their journey in discovering and leveraging online platforms for additional income streams. The script illustrates this with the speaker's progression from a traditional job to various methods of monetizing YouTube content.

💡YouTube Channels

YouTube Channels are platforms where content creators can upload, share, and monetize their videos. The video's theme revolves around utilizing YouTube as a side hustle, with the speaker sharing their experiences and strategies for growing and optimizing these channels for profit.

💡AI for Content Creation

AI for content creation involves using artificial intelligence tools to generate or assist in the creation of content, such as scripts, video editing, and voiceovers. The video emphasizes the efficiency of AI in content creation, particularly for YouTube, as it allows for less manual work and can lead to higher productivity and cost-effectiveness.

💡Search Engine Optimization (SEO)

SEO is the process of improving the visibility of a website or a web page in a search engine's unpaid results. In the context of the video, SEO is crucial for optimizing YouTube channels to increase their discoverability and attract more viewers, thereby enhancing earning potential.

💡Niche

A 'niche' in the context of content creation refers to a specific, targeted topic or category that an individual or channel specializes in. The video discusses the importance of choosing the right niche for a YouTube channel to maximize revenue potential, with the speaker recommending tools like 'Tube Magic' to identify profitable niches.

💡RPM (Revenue Per Mille)

RPM, or revenue per mille, is a metric used to measure how much money a channel makes per thousand views. The script uses RPM as a benchmark to compare the earning potential of different niches, with higher RPM indicating greater earning potential for the same number of views.

💡Stock Footage

Stock footage refers to video clips or images that can be used in various projects without the need for obtaining model releases or copyrights. The video highlights the use of stock footage, particularly from 'Story Blocks', as a resource for creating engaging backgrounds in YouTube videos without incurring additional costs.

💡Automation

Automation in the context of the video refers to the use of AI tools and software to perform tasks related to running YouTube channels without constant manual intervention. The speaker advocates for automation as a means to save time and effort while maintaining or increasing the profitability of the channels.

💡Freelancers

Freelancers are self-employed individuals offering services, such as writing, video editing, or other specialized tasks, on a contract or project basis. The script contrasts the cost of hiring freelancers with the more cost-effective option of using AI tools for content creation and other channel management tasks.

💡Monetization

Monetization in the context of YouTube refers to the process of earning revenue from the platform, typically through ad placements, sponsorships, or other income streams. The video's theme includes strategies for monetizing YouTube channels, with a focus on optimizing content for higher RPM and viewer engagement.

💡Optimization

Optimization in the video script pertains to enhancing various aspects of a YouTube channel to improve its performance and revenue generation. This includes optimizing titles, descriptions, tags, and video content using tools like 'Tube Magic' to align with what viewers are searching for and to increase the channel's visibility on YouTube.

Highlights

After numerous failed side hustles, I almost gave up until I found the best side hustle for making money online.

The side hustle that started to work for me began with earning $1 a day and eventually grew to $5,000 to $10,000 a day.

I discovered running fully automated niche YouTube channels utilizing AI for content creation and search engine optimization.

There are three different ways to run YouTube channels: creating content yourself, hiring freelancers, and using AI tools.

The first method requires a lot of work but no investment, ideal for teenagers with time on their hands.

The second method involves hiring freelancers, requiring some initial investment but less work.

The third method, the newest and best way in 2024, involves using AI tools, requiring minimal work and investment.

My personal YouTube journey began with creating content myself, learning from scratch and using basic tools.

I eventually hired advanced video editors, transitioning into the second method.

Now, I use AI tools to automate the process, combining the best aspects of the previous methods.

AI tools can generate video ideas, scripts, and optimize content, significantly reducing time and cost.

The AI software 'Tube Magic' helps in generating video ideas and optimizing content for YouTube.

Choosing a high RPM niche on YouTube can lead to higher earnings with fewer views.

Stock footage from 'Story Blocks' can be used to enhance video content without copyright issues.

Editing tools like 'Story Blocks Maker' and 'CapCut' simplify the video creation process.

AI-generated thumbnails using tools like 'Mid Journey' can improve video engagement.

A free course is offered to guide beginners through starting a YouTube channel using these methods.

Transcripts

so I've spent the last 10 years figuring

out the best side hustle to make tons of

money from the comfort of my own home

and after numerous failed side hustles I

almost gave up on everything I almost

resigned myself to a life of working a 9

to-5 job and I almost said this isn't

possible for me that is until I stumbled

across what I truly believe is the best

side hustle for making money online and

once I found that one side hustle that

started to work and I started to see

money coming into my account it started

with a dollar a day then it went up to

$50 a day then it went up to $100 a day

and I was like holy crap I might not

even have to work a traditional job and

then it went up to $11,000 a day and now

I make anywhere from $5 to

$10,000 every single day online and I

can't guarantee you're going to make

that much money just by watching this

video obviously but once I found that

side hustle that worked I spent

thousands of hours researching it

testing it doing the same things over

and over along with little tweaks and

adjustments to see how I could make even

more and more money while working a

little bit less with every change the

side hustle is running fully automated

Niche YouTube channels utilizing AI for

Content creation and search engine

optimization now after all of this

research and testing I found that

there's three different ways to run

YouTube channels here are the three

graphs representing the different ways

now the question is which one would you

choose as you can see the earning

potential is more or less the same for

each of the methods but the difference

is the starting Capital that you need

and the amount of work that you have to

do to reach your financial goals with

YouTube the first method requires a lot

of work but literally no investment and

it's mostly suited for teenagers like I

was with a lot of time on your hands the

second option requires a little bit less

work and you can potentially do this as

a side hustle in parallel with your

full-time job but it requires more money

to invest for the first couple of months

more than an average students's amount

of money that they might have lying

around so it's more suited for adults

who might have some cash to invest now

the third method is the best of both

worlds it doesn't require you to do a

lot of work you also don't need to have

a bunch of startup Capital it's the

newest and best way of doing YouTube in

2024 now when I initially started on

YouTube almost 10 years ago I started

with way number one and once I started

making more money than my friends and

eventually more money than my parents I

eventually graduated to way number two

but with recent advancements in

technology now I use way number three

and it's the smartest way and the

laziest Way by far of making money

online so here are three people on the

screen representing each of these

different three methods as I already

said the first way is the way that I

started doing YouTube with which is

creating all the content yourself now

this method can potentially work great

if you have some knowledge when it comes

to writing and editing and doing all of

the different pieces that go into doing

this I had to learn all of these myself

from scratch in the beginning you also

can't be too shy to have your voice in

your video I honestly personally was but

I did it anyways even though I didn't

sound professional whatsoever I I

remember using this cracked phone that I

had to record voiceovers on and it was a

far cry from a professional microphone

and even though on paper this does seem

to be the worst way of running YouTube

channels there's nothing wrong with

creating content yourself I still do

this every single week on my channel

right here make money Matt and this is

my one personal Channel but the thing is

I have automated channels that are

running in the background using methods

number two and three that make me a lot

of money as well but even so my personal

channel here is kind of a hybrid method

because I do hire very Advanced video

editors to edit these videos for me that

you're watching right now and that kind

of delves into the second way of doing

YouTube a little bit more which is

getting other people to do the work for

you but this costs money you can hire

great writers you can hire great video

editors you can hire great people to do

the work for you off of places like

Fiverr and upwork now the Third Way is

by using specific AI tools to do this

whole process for you it saves you a ton

of time compared to the first method

because you don't have to do the writing

or the video editing and you don't have

to do the voiceovers and it saves you a

lot of money compared to the second

method because it costs a lot less than

hiring Freelancers now you can find

hundreds of videos out there on YouTube

that talk about making money with AI but

very few of them go over the real

secrets for doing this on how to

actually succeed doing this and that's

what I intend to show you on this video

today and also there's so many different

AI tools out there I just want to boil

down to you the ones that you really

need and exactly how to do this step by

step in order to make money and step

number one for doing this is choosing

your Niche your Niche is also known as a

category of content and in order to find

the best Niche possible I recommend a

software called tube magic tube magic is

actually my software that I've invested

hundreds of thousands of dollars into

for use for myself but we have leaked

the software to the public so if you

want to get access for a limited time

for completely free check out the link

down below to get access to that now

tube magic is my secret tool for doing a

bunch of different things on YouTube and

this is what the main tools page looks

like right here on this tools page

you'll see that we do things like

generating video ideas scripting your

videos and op optimizing your videos

completely for you we're going to jump

into the ideation section and go down

here to Niche Explorer to find the best

Niche possible and on this Niche

Explorer you will see the best niches on

YouTube and a variety of different

niches and niches that are proven to

work and some undercover ones and that's

why I'm blurring some of these right

here as well because we only want to

give access to people who are in tube

magic and if you go here you can

actually sort these by the RPM now

what's RPM RPM is how much money that a

channel makes per thousand views the

higher the RPM the lower the amount of

views you have to get in order to make

potentially a lot of money now check

this out if we sort this by the RPM and

then sort this by descending you'll see

some niches like real estate investing

make money online make over $20 per

thousand views whereas other niches

don't make anywhere near that much we

have a bunch of hidden little know

niches in here as well that you can get

access to if you want to check out tube

magic and let's say for example we want

to do a Channel with in this Niche right

here of future business this Niche has a

RPM that's likely to be around $15 per

th000 views this is based off my own

experience as well as Consulting

hundreds of different of my students in

order to get these numbers to be as

accurate as possible obviously it's not

going to be exact I do have to give that

disclaimer but this is a relatively high

RPM Niche and if we go to open up this

channel right here that's an example

Channel called Venture city which is

within this future business niche as you

can see if we go to the videos right

here they talk about things like the

future farming technology of 2050 with

AI scarecrows right and these videos

actually get a lot of views and if we

copy their YouTube channel handle in

their URL right here go back to tube

magic and then go down to the ideation

tab go to video ideas you can paste in

any successful YouTube channel click

generate and it will literally generate

you unlimited ideas based on what has

already worked on that channel as you

can see it's a very similar idea based

on what's already worked on that channel

and you can do this over and over to

keep getting amazing ideas for your

Channel and once you get a really good

idea like this one the rise and fall of

Earth's mega cities time lapse what you

can do is then click this button into

magic to generate a script and AI will

do it for you check this out click

generate script it'll bring you here

it'll drop the title in and then you can

choose a length I'm going to choose for

example around 1,600 words so the video

is a little bit longer than 10 minutes

if you generate videos longer than 8

minutes then you'll be able to put

multiple ad breaks on your videos and

make a lot more money on average per

thousand views so if we choose, 1600

words choose General script click

generate check this out tube magic is

literally writing our script for us as

you can see right here you can literally

watch as they write the script for us it

says the birth of Earth's mega cities

can be traced back to a Confluence of

historical events technological

advancements and economic opportunities

that set the stage for their rapid

growth and development and it basically

goes through right here giving a

timeline of all of Earth's mega cities

and structuring it based on that channel

that's already succeeding so you're

doing this based off of good data so now

you know how to find a great niche you

know how to generate great video ideas

and you know how to generate amazing

scripts for your videos nearly instantly

what's next well it's actually

generating the videos themselves and if

we check out this channel called Venture

City we go to one of their videos and

click on them like this one right here

as you can see in the background of the

videos they have a little something

called stock footage stock footage is

footage you can put in the background of

your videos for completely free and

never have to worry about copyright now

there's so many different places to get

stock footage online but not all of them

are created equal in fact there's one

website that I've been using for the

past 5 years to get all of my stock

footage for my YouTube channels and that

place is the sponsor of today's video

which is story blocks story blocks

offers unlimited highquality downloads

of great stock footage that you can use

within your videos never have to worry

about copyright all with one low monthly

subscription story blocks is an

essential within my YouTube business

it's something my team and I actually

use every single day on all of my

channels and it's been an absolute game

changer for me let me show you why let's

say for example you need a video for the

background of your video that is about

the future so if you search the future

right here as you can see story blocks

will search its huge database we have

over 800 clips that we can use if you

look at other stock databases out there

they're not going to have the sheer

amount of clips and it's not just

limited to videos either you've also got

animated background stock footage

templates for all these different

software right here you've also even got

audio like sound effects and even

royalty-free music for the backgrounds

of your videos but literally almost

anything you can imagine right here you

can even search in things like farming

right here and as you can see you have

19,000 Clips related to farming you can

also even search in things like planets

right here since we're talking about the

future over a thousand clips of planets

and these are super high quality if you

were paying an animator to do this this

would cost thousands of dollars right

here but you're getting this at one low

monthly subscription price with story

blocks as well as access to all these

other super high quality app assets many

of them even in 4k you can even filter

it by that right there you can even

filter by media type as well as so many

different other things story blocks is a

complete Game Changer within my business

and now let's say that you want to edit

together your videos super easily well

guess what if you have a subscription to

story blocks you can go to creative

tools right here and then go down to the

maker tool and then from here you can

import your audio and you can literally

just record yourself talking or if you

want to use AI you can use something

called 11lbs to generate hyperrealistic

AI voices for the backgrounds of your

videos that should have no problem on

YouTube whatsoever cuz they're literally

a Clon voice so you should have no

problem getting monetized with voices

from 11 Labs from there then you can go

ahead into the uploads and then click

audio and then upload your media right

there and then what's so awesome about

this maker tool and story blocks is that

then you can search their huge Library

stock footage like Farmer for instance

click add and then check this out you

can clip down the clip what you want it

to be I recommend keeping each clip

under 5 Seconds ideally due to the fact

that it'll help keep people's attention

if you keep the link of the clips short

and then you can just go ahead and

import each of these clips into the

timeline import your audio import your

music which is completely built into

story blocks as well all in there you

can edit together an entire video within

the story blocks maker tool without ever

even leaving their website it's honestly

a game changer thank you story blocks

for sponsoring this video cuz it's a

tool that I actually love and you guys

have absolutely changed my YouTube

business if you head on over to story

blocks.com slm makemoney mat you can

sign up to get unlimited downloads of

great stock media at one set monthly

price check that out also down at the

link below and then once you have your

videos ready you can click export video

right here and by the way if you want to

edit using other programs you definitely

can for example there are free editors

like cap cut or iMovie if you're on Mac

that you can also edit your videos

within and you can simply download the

clips from story blocks and then import

into there later but once you have your

video done and you export it to your

computer then what you want to do is

once you start uploading your video you

want to make sure to upload your video

as on listed and there's a very key

reason for this then what we can do is

copy the unlisted link of our video go

back to tube magic go to optimize go to

the warp upload Optimizer paste in the

link click generate and what this is

going to do is scan through your entire

video about what's being said in your

video and everything and it's going to

generate you three different great

highquality titles it's going to

generate you a optimized description

with keywords inserted into it and it's

even going to generate you an optimized

set of tags and then you can simply

click these buttons right here to copy

each of these paste them into YouTube

and you've got a complete optimized

video done for you and if you look at

the prices of these subscriptions of

these different software you compare

that against the price of either

investing your own time into doing this

which I value your time is worth

something you'd be spending hundreds of

hours potentially a month or compared to

hiring somebody else you're saving

thousands upon thousands of dollars per

month and you're saving all that just by

having subscriptions to these people

always ask me how I'm able to run

multiple channels and everything and

these AI tools have honestly change the

game when it comes to YouTube and you

can basically do all this literally

within a couple of minutes and then for

making thumbnails for your videos you

can look in AI software like mid Journey

if you want to generate AI thumbnails

and I almost guarantee you that a lot of

these thumbnails on this Venture City

channel are AI generated 99.9% chance

that these are AI generated right here

and they're really good still and you

can use mid journey to do that now if

you want to get started with tube magic

for completely free check out the link

down below and also if you want to take

this to the next level I have a

completely free course I'd love to give

you in in the free course I'm going to

go over the best niches to do this in

I'm going to go over exactly how to

start doing this step by step you can

basically watch over my shoulder as I do

it and this free course right here is

way more in depth than a lot of paid

courses and guess what you don't even

have to leave YouTube to check it out

check out this video next to me right

here to see the completely free course

that I'm going to show you all of those

things I just mentioned and a few extra

bonus things that I'm not even going to

mention that you will be delightfully

surprised I include within this free

course right here check it out my name

is Matt par thanks for watching and I

will see you there