avatarNitin Sharma

Free AI web copilot to create summaries, insights and extended knowledge, download it at here

2255

Abstract

11e1b4764040d3dc5c07&type=text%2Fhtml&schema=youtube" allowfullscreen="" frameborder="0" height="480" width="854"> </div> </div> </figure></iframe></div></div></figure><p id="3cfc">Let’s be real, making your GPT is a simple 3-step process that anyone can follow.</p><p id="73dc">The steps are as follows:</p><ul><li>Access GPT</li><li>Creating Your GPT</li><li>Configuring Your GPT</li></ul><p id="2297">In short, create a new GPT (you need to be a ChatGPT-4 user), add some instructions, configure a bit, and publish it.</p><p id="0b5f">To know more about it, I have also <a href="https://levelup.gitconnected.com/create-your-own-gpt-and-make-money-without-any-coding-experience-fcd3c6e87f6d">written</a> a complete post.</p><p id="f549">So, creating a GPT is not a big deal.</p><p id="c53e">But, the main question that you need to focus on is creating a GPT that can be useful to a wide audience.</p><p id="00f6">Yeah, that’s all.</p><p id="8bea">You don’t need to spend dollars to learn something new, and you don’t even need to advertise your product since this business is new and the OpenAI team will be going to market the GPTs that can be helpful to their audience.</p><p id="e3e1">So, the only problem is creating a GPT that can solve the user's problem.</p><h1 id="eec0">2. Building a Problem-Solving GPT</h1><p id="68f5">Now, let’s be real, creating a GPT with a simple use case won’t help make a million dollars.</p><p id="042a">Why? Well, users can use ChatGPT-3.5 for help with that.</p><p id="277a">Since ChatGPT-3.5 is capable of solving most of the general questions that come to an individual’s mind.</p><p id="9776">So, you need to focus on creating something unique that can solve individual issues that are impossible for GPT to solve.</p><p id="5e45">Now, you may be asking how? Well, it’s simple: focus on your skill, and the problems you are facing in your sector, and build something out of it.</p><p id="8199">What else? Add your own unique data to it.</p><p id="f777">For example, I have been writing for over 3 years now, and I <a href="https://nitinfab.gumroad.com/l/zyrkbj">wrote</a> a book for everyone who wants to start writing and make money.</p><figure id="dcbe"><img src="https

Options

://cdn-images-1.readmedium.com/v2/resize:fit:800/0*QgqXDbz_QXig54lH.gif"><figcaption></figcaption></figure><p id="0dd0">So, I uploaded that book to my own GPT.</p><p id="80db">This way, my GPT can be helpful to someone who wants to ask questions about writing and get a unique answer based on my expertise.</p><p id="1068">Similarly, I can create another GPT by adding my own <a href="https://nitinfab.gumroad.com/l/erfwl">ChatGPT book</a>, and even create one more adding my <a href="https://nitinfab.gumroad.com/l/lnwja">side hustle guide</a>.</p><p id="4609">This tactic can be helpful for everyone who is reading this post. Hope it helps.</p><p id="ff79">Hope it helps.</p><h1 id="bc94">3. Making Million Dollars</h1><p id="79a5">Now, let’s be honest, nothing is easy — even making a million dollars with GPT is not possible within a month for any of us.</p><p id="0110">Why? Because even if you target 1% of the user base to pay $1 for a month, OpenAI can get a million dollars. But they would take a significant cut, and then deliver the rest to you.</p><p id="631e">Also, note that targeting the 1% user base is not possible within a short period.</p><p id="332f">The worst part is that the OpenAI team is constantly upgrading their AI tool, so within months, the GPTs from which you are making money may become irrelevant.</p><p id="4e8f">It might even happen that the ChatGPT team clones your idea, adds more data, and sells it, causing your revenue to decline — but that would be after some time.</p><p id="9d46">For now, just focus on building one. By the way, you can even create multiple as well.</p><p id="04ff">So far, I have talked about everything that you may want to know from the pros and cons.</p><p id="cd09">My only guidance for you is to start thinking about what you want to make, a problem-solving GPT, and then upload it to the GPT store.</p><p id="2522">There is a high probability of making money out of that.</p><p id="300a">Hope you like it.</p><p id="883e">That’s it — thanks.</p><p id="337e"><b>Don’t forget to <a href="https://nitinfab.substack.com/">subscribe to me on Substack</a> for a thrilling dive into AI, tech wizardry, money hacks, side-hustle secrets, and beyond. Your adventure awaits.</b></p></article></body>

OpenAI Set to Launch GPT Store, and It Has the Potential to Make You a Millionaire

Yes, if you create a GPT and sell it for just $1 to 1% of the ChatGPT user base, you could make a million dollars within a month.

I got this email from the OpenAI team on January 4th, 2024, stating that they are launching the GPT Store next week.

Just to give you an idea: with this feature, any ChatGPT-4 user can create their own GPT, and you can share your GPT in the GPT Store. If your GPT is valuable to just 0.5% of ChatGPT users, you could end up making a lot.

For sure, I am quite excited about that.

The best part is that ChatGPT has over 100 million daily active users, according to a video uploaded by Fireship. The creator even suggests that it is a once-in-a-lifetime shovelware opportunity.

Focusing on the user base, it is literally enormous.

So, if you create a GPT and sell it for just $1 to 1% of the ChatGPT user base, you could make a million dollars within a month.

I understand that making a million dollars is a dream for most individuals reading this.

And that’s the reason, we are going to discuss the GPT Store in this post, covering everything from pros to cons.

Let’s get started.

1. Creating Your Own GPT

Let’s be real, making your GPT is a simple 3-step process that anyone can follow.

The steps are as follows:

  • Access GPT
  • Creating Your GPT
  • Configuring Your GPT

In short, create a new GPT (you need to be a ChatGPT-4 user), add some instructions, configure a bit, and publish it.

To know more about it, I have also written a complete post.

So, creating a GPT is not a big deal.

But, the main question that you need to focus on is creating a GPT that can be useful to a wide audience.

Yeah, that’s all.

You don’t need to spend dollars to learn something new, and you don’t even need to advertise your product since this business is new and the OpenAI team will be going to market the GPTs that can be helpful to their audience.

So, the only problem is creating a GPT that can solve the user's problem.

2. Building a Problem-Solving GPT

Now, let’s be real, creating a GPT with a simple use case won’t help make a million dollars.

Why? Well, users can use ChatGPT-3.5 for help with that.

Since ChatGPT-3.5 is capable of solving most of the general questions that come to an individual’s mind.

So, you need to focus on creating something unique that can solve individual issues that are impossible for GPT to solve.

Now, you may be asking how? Well, it’s simple: focus on your skill, and the problems you are facing in your sector, and build something out of it.

What else? Add your own unique data to it.

For example, I have been writing for over 3 years now, and I wrote a book for everyone who wants to start writing and make money.

So, I uploaded that book to my own GPT.

This way, my GPT can be helpful to someone who wants to ask questions about writing and get a unique answer based on my expertise.

Similarly, I can create another GPT by adding my own ChatGPT book, and even create one more adding my side hustle guide.

This tactic can be helpful for everyone who is reading this post. Hope it helps.

Hope it helps.

3. Making Million Dollars

Now, let’s be honest, nothing is easy — even making a million dollars with GPT is not possible within a month for any of us.

Why? Because even if you target 1% of the user base to pay $1 for a month, OpenAI can get a million dollars. But they would take a significant cut, and then deliver the rest to you.

Also, note that targeting the 1% user base is not possible within a short period.

The worst part is that the OpenAI team is constantly upgrading their AI tool, so within months, the GPTs from which you are making money may become irrelevant.

It might even happen that the ChatGPT team clones your idea, adds more data, and sells it, causing your revenue to decline — but that would be after some time.

For now, just focus on building one. By the way, you can even create multiple as well.

So far, I have talked about everything that you may want to know from the pros and cons.

My only guidance for you is to start thinking about what you want to make, a problem-solving GPT, and then upload it to the GPT store.

There is a high probability of making money out of that.

Hope you like it.

That’s it — thanks.

Don’t forget to subscribe to me on Substack for a thrilling dive into AI, tech wizardry, money hacks, side-hustle secrets, and beyond. Your adventure awaits.

ChatGPT
OpenAI
Technology
Artificial Intelligence
AI
Recommended from ReadMedium