The BEST A.I. Passive Income Side Hustle 2024

Alek
6 Jan 202417:04

TLDRIn less than a year, a shop made over six figures selling AI-generated digital art, showcasing the potential of this side hustle. The business model leverages AI tools like Mid Journey to create and sell artwork online, with a focus on identifying popular styles and using effective mockups for sales. The script details the process of using AI generators, market research, and Etsy for sales, offering tips for scaling the business to higher revenue levels, including print-on-demand services.

Takeaways

  • 🚀 A shop selling AI digital download art made over six figures in less than a year.
  • 🌐 The business model is untapped and suitable for anyone worldwide with just $10 to start.
  • 🖼️ AI image generator 'Mid Journey' is used to create sellable artwork from text prompts.
  • 📈 Successful shops focus on aesthetically pleasing, vintage-style digital paintings.
  • 🛠️ Research is crucial; understand what sells by analyzing successful listings and customer reviews.
  • 🔧 Mid Journey offers a simple interface to generate, refine, and upscale images.
  • 🎨 Use 'describe image' feature on Mid Journey to emulate styles of successful artworks.
  • 🖼️ Public domain images can be used as a reference to generate similar AI art.
  • 📏 Resize artwork to popular aspect ratios for versatility and high DPI for print quality.
  • 🛍️ Etsy is a recommended platform for selling digital art due to its large visitor traffic.
  • 📈 Scaling the business includes offering physical prints through print-on-demand services like Printify.

Q & A

  • What is the main topic of the transcript?

    -The main topic of the transcript is about using AI digital download art as a side hustle to generate passive income.

  • How much income has the shop called 'Antique White Art' made in its first year?

    -Antique White Art made over six figures in its first year.

  • What AI image generator is mentioned in the transcript for creating digital art?

    -The AI image generator mentioned is called Mid Journey.

  • What is the starting cost to begin this side hustle?

    -The starting cost to begin this side hustle is just $10.

  • How does the AI image generator Mid Journey work?

    -Mid Journey works by taking a text prompt describing the image and converting it into a usable, sellable piece of artwork from scratch.

  • What is the significance of researching before creating artwork?

    -Researching is important to understand what types of images sell and to avoid wasting time creating artwork that doesn't appeal to the market.

  • How can one determine what styles of digital art are successful?

    -One can determine successful styles by looking at the reviews section of successful shops, analyzing bestsellers, and using shop analyzer tools.

  • What is the process for accessing Mid Journey?

    -To access Mid Journey, one needs to visit their website, join their Discord server, and then use the Mid Journey bot within the server to generate images.

  • How can one upscale and finalize an AI-generated image?

    -One can upscale and finalize an image by using the controls provided within Mid Journey after generating it, or by using external tools like Photoshop for further editing.

  • What platform is recommended for selling the digital art?

    -Etsy is the recommended platform for selling the digital art due to its large monthly visitor traffic and ability to sell at the highest price.

  • What is the strategy for scaling this business to six and seven figures?

    -Scaling the business involves offering physical prints through print-on-demand services like Printify, in addition to digital downloads, to cater to a wider customer base.

Outlines

00:00

🚀 Launching a Successful AI Art Business

This paragraph introduces the remarkable success of a shop that started selling AI-generated digital art downloads and made over six figures in less than a year. It highlights the potential of AI tools like MidJourney for creating and selling digital art online as a passive income source. The process begins with using an AI image generator, refining prompts for high-quality images, and packaging them for online sale. The paragraph emphasizes the efficiency of this side hustle and the low startup cost of just $10.

05:03

🌐 Exploring the Market and Researching Best-Selling Art Styles

The second paragraph delves into market research, examining successful shops and their best-selling art styles. It discusses the aesthetic appeal of the digital downloads, such as rustic, moody, vintage styles, and the importance of understanding customer preferences. The paragraph also provides insights into the sales figures and profits of two shops, illustrating the profitability of this business model. Additionally, it introduces a tool like Aura for shop analysis and emphasizes the significance of researching to avoid wasting time on unprofitable artwork.

10:04

🎨 Crafting and Selling AI-Generated Art with MidJourney

This paragraph provides a step-by-step guide on using MidJourney to create AI-generated art. It explains how to access MidJourney through their website and Discord server, the importance of choosing the right plan for commercial rights, and the basics of generating images using text prompts. The paragraph further discusses strategies for refining prompts based on market research and best-selling styles, using settings to achieve desired levels of stylization, and advanced techniques like reverse-engineering public domain images for more realistic outputs.

15:06

🖼️ Preparing Artwork for Sales and Scaling the Business

The final paragraph focuses on preparing the AI-generated artwork for sales, including resizing images into popular aspect ratios and creating professional mockups. It outlines methods for resizing and enhancing the quality of the images, as well as tips for selling on platforms like Etsy. The paragraph also touches on the importance of using professional mockups to increase sales and provides a strategy for scaling the business by offering physical prints through print-on-demand services like Printify, which can significantly boost profits.

Mindmap

Keywords

💡AI digital download art

AI digital download art refers to the use of artificial intelligence to create digital artwork that can be sold online as downloadable files. In the context of the video, this is a business model where individuals use AI tools like Mid Journey to generate unique pieces of art, which they then sell on platforms such as Etsy. The art is typically aesthetically pleasing and can be easily printed or used digitally, making it a versatile product for various applications.

💡Mid Journey

Mid Journey is an AI image generator platform that allows users to create digital art by inputting text prompts. It is one of the tools highlighted in the video as a means to produce AI digital download art. The platform offers different versions and settings that can be adjusted to generate high-quality, sellable artwork, which can then be used for various purposes, including online sales and physical prints.

💡Passive income

Passive income refers to earnings that are generated with minimal ongoing effort after an initial setup or investment. In the video, creating and selling AI digital download art is presented as a way to earn passive income because once the artwork is created and uploaded for sale, it can continue to generate sales without the need for constant work.

💡Etsy

Etsy is an e-commerce platform focused on handmade or vintage items and craft supplies. In the context of the video, Etsy is used as a marketplace for selling AI-generated digital download art. The platform's popularity and user base make it a suitable choice for artists looking to sell their digital creations.

💡Text prompt

A text prompt is a brief description or sentence provided to an AI image generator, like Mid Journey, to guide the creation of an image. The prompt serves as the input for the AI to interpret and generate a visual representation of the described concept or scene.

💡Aspect ratio

Aspect ratio refers to the proportional relationship between the width and height of an image or screen. In digital art and design, aspect ratios are crucial for ensuring that images display correctly on various devices and platforms. In the context of the video, aspect ratio is mentioned when discussing how to resize AI-generated images for optimal display and sale on platforms like Etsy.

💡Mockups

Mockups are visual representations or templates that display how a digital product, like artwork, might look when applied to a physical object or in a real-world context. In the video, mockups are used to create a professional appearance for the digital art, making it more appealing to potential buyers on Etsy.

💡Print on demand

Print on demand is a business model where products, such as posters or canvas prints, are only produced when an order is received. This model eliminates the need for artists to hold inventory and allows them to sell physical products without the upfront costs and logistics associated with manufacturing and shipping.

💡Discord server

A Discord server is a virtual space within the Discord platform where users can communicate and share information. In the context of the video, joining Mid Journey's Discord server is a necessary step to access the AI image generator and create artwork.

💡Upscaler

An upscaler is a tool or software that increases the resolution of an image without losing quality or introducing noticeable artifacts. In the video, an upscaler is used to enhance the quality of the AI-generated images, making them suitable for high-resolution printing or digital use.

💡Public domain images

Public domain images are works that are no longer protected by copyright and can be freely used by the public. These images can serve as inspiration or a starting point for creating new works, including AI-generated art.

Highlights

A shop made over six figures selling AI digital download art within a year of opening.

The AI image generator Mid Journey is used to create sellable artwork from text prompts.

The process of creating and selling AI art can be started from anywhere in the world with just $10.

Antique White Art sold over 600 artwork listings and made over six figures in their first year.

Another shop sold over 377,000 sales and made $300,000 in profit in four years.

Lexington Prince, a new shop, made over 14,000 sales and nearly $10,000 in revenue in the first four months.

Researching what types of images sell is crucial to avoid wasting time on unprofitable artwork.

Mid Journey can be accessed by joining their Discord server and starting with a free account.

The settings in Mid Journey can be adjusted to produce images that match the style of successful sellers.

Public domain images can be used as a starting point to generate similar AI art.

Upscaling images in Mid Journey improves their quality for selling.

Artwork can be resized into popular aspect ratios for different uses.

Etsy is a recommended platform for selling digital art due to its high traffic and demand.

Professional mockups can be created using AI to present artwork in a more appealing way.

Files for digital downloads are typically uploaded to platforms like Google Drive or Dropbox for easy customer access.

Scaling the business to six and seven figures involves offering physical prints through print-on-demand services like Printify.

The presenter provides free resources, coupons, and discounts for those interested in starting this business.