The BEST A.I. Passive Income Side Hustle 2024

Alek
6 Jan 202417:04

TLDRThis transcript outlines a successful business model using AI-generated digital art for passive income. It details the process of creating and selling digital art through platforms like Etsy, emphasizing the low startup cost and potential for high profits. The script provides strategies for using AI tools like MidJourney to produce appealing artwork, tips for market research, and advice on scaling the business to include physical prints through print-on-demand services.

Takeaways

  • πŸš€ 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.
  • πŸ–ΌοΈ AI image generator 'mid Journey' is used to create sellable artwork from text prompts.
  • πŸ“ˆ Successful shops focus on aesthetically pleasing, vintage, and rustic styles with monotone colors.
  • πŸ” Research is crucial; analyze successful listings and customer reviews to understand market demand.
  • πŸ› οΈ mid Journey's settings can be adjusted to produce images that match popular styles and preferences.
  • πŸ“š Using public domain images as a reference can improve the quality and realism of generated art.
  • πŸ–ΌοΈ Mockups are essential for presenting digital art professionally; they can be created using AI tools.
  • πŸ“ˆ Selling on platforms like Etsy is recommended due to their high traffic and passive income potential.
  • πŸ”„ The process includes creating artwork, resizing for various aspect ratios, and preparing professional mockups.
  • πŸ“¦ Scaling the business involves offering physical prints through print-on-demand services like Printify.

Q & A

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

    -The shop 'Antique White Art' has made over six figures in revenue in its first year of selling AI digital download art.

  • What is the AI image generator mentioned in the script that can be used to create sellable artwork from scratch?

    -The AI image generator mentioned is called Mid Journey, which takes a text prompt describing the image and converts it into a piece of artwork.

  • What is the starting cost to begin a business using AI-generated digital art?

    -The starting cost to begin this business is just $10, which is for the cheapest plan on Mid Journey that provides commercial rights to the images.

  • How does one access Mid Journey to start creating images?

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

  • What is the strategy for ensuring the AI-generated art aligns with what sells well in the market?

    -The strategy involves researching successful listings, filtering by recent reviews, and analyzing the style and vibe of the art that is popular and selling well.

  • How can one upscale and finalize the AI-generated artwork for sale?

    -The artwork can be upscaled using the controls within Mid Journey to enhance the quality and then resized into popular aspect ratios for different uses.

  • What platform is recommended for selling the AI-generated digital art online?

    -Etsy is recommended as it drives millions of monthly visitors and offers a platform to sell the artwork while keeping the business passive.

  • What is the importance of using professional mockups when selling digital art online?

    -Professional mockups are important as they make the art look more appealing and realistic, which has been proven to increase sales in online listings.

  • How can one create their own mockups for the digital art?

    -One can create their own mockups using AI-generated descriptions of desired mock-up styles or by using existing images as a starting point for generating new mockups.

  • What is the process for scaling the digital art business to six and seven figures?

    -Scaling can be achieved by offering physical prints through print-on-demand services like Printify, in addition to digital downloads, and by keeping separate shops for digital and physical products.

  • How does the print-on-demand service work for selling physical prints of the digital art?

    -When a customer purchases a physical print, the print-on-demand service prints and ships the design directly to the customer, with the seller keeping the profit difference.

Outlines

00:00

πŸš€ Launching a Successful AI Art Business

This paragraph introduces the remarkable success of a shop that has made over six figures in less than a year by selling AI-generated digital art. It highlights the potential of AI tools like Mid Journey to create and sell digital art online as a passive income source. The paragraph emphasizes the ease of starting this business from anywhere with just $10 and the importance of understanding what types of art sell well to avoid wasted effort.

05:03

🎨 Utilizing Mid Journey for Art Creation

The second paragraph delves into the process of using Mid Journey, an AI image generator, to create artwork. It explains how to join the platform, use text prompts to generate images, and modify these prompts for higher quality results. The paragraph also discusses the importance of researching successful listings on platforms like Etsy to understand market trends and customer preferences, and how to use tools like Aura for shop analysis.

10:04

πŸ–ΌοΈ Enhancing Artwork with Advanced Techniques

This paragraph focuses on advanced strategies for enhancing AI-generated art. It discusses the use of Mid Journey's settings to refine the style of the artwork, the benefits of using public domain images as a reference, and the technique of uploading an image to Mid Journey to generate similar styles. The paragraph also covers the importance of upscaling images for high quality and the various methods to resize artwork into popular aspect ratios.

15:06

πŸ›οΈ Selling Art and Scaling the Business

The final paragraph discusses the steps to sell the AI-generated art, including the creation of professional mockups and the upload of digital files to platforms like Etsy. It touches on the benefits of selling physical prints through print-on-demand services and the potential to scale the business to six and seven figures. The paragraph concludes with a call to action, encouraging viewers to take advantage of the provided resources and discounts to start their own AI art business.

Mindmap

Keywords

πŸ’‘AI digital download art

AI digital download art refers to artworks that are created using artificial intelligence and are distributed in a digital format for customers to download and use. In the context of the video, it's a business model where AI tools like Mid Journey are utilized to generate sellable digital art pieces, which can be sold online as downloadable files for passive income.

πŸ’‘Mid Journey

Mid Journey is an AI image generator platform that allows users to create images by inputting text prompts. It is used in the video as a primary tool for generating digital art for the purpose of selling online. The platform offers different versions and settings to control the style and quality of the generated images.

πŸ’‘Passive income

Passive income refers to earnings that are generated with minimal continuous effort required from the individual receiving the income. In the video, it is mentioned as a benefit of selling AI-generated digital art, as once the artwork is created and uploaded for sale, it can continue to generate sales without the need for constant work.

πŸ’‘Text prompt

A text prompt is a sentence or phrase that is inputted into an AI image generator to instruct the AI on the desired appearance of the output image. The quality and specificity of the text prompt can significantly influence the final result.

πŸ’‘Etsy

Etsy is an e-commerce website focused on handmade or vintage items and craft supplies. In the video, Etsy is presented as a platform for selling AI-generated digital art, emphasizing its role in connecting artists with a large customer base interested in purchasing digital downloads.

πŸ’‘Mockups

Mockups are visual representations of how a product, in this case, digital art, would look when printed or displayed in a real-world context. They are used to create a more professional and appealing presentation of the digital art for sale, increasing the likelihood of sales.

πŸ’‘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 allows artists to sell physical products without having to manage inventory or handle shipping, as the production and fulfillment are handled by a third-party service.

πŸ’‘Discord server

A Discord server is a community space created within the Discord platform where users can communicate via text, image, video, and audio messages. In the context of the video, Mid Journey's Discord server is used as a platform to access the AI image generator and interact with other users who are also creating digital art.

πŸ’‘Aspect ratio

Aspect ratio refers to the proportionate relationship between the width and height of an image or video. It is an important consideration when creating digital art for sale, as different aspect ratios can cater to various display preferences and requirements.

πŸ’‘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.

πŸ’‘Upscaler

An upscaler is a tool or process that increases the resolution of an image without losing quality or introducing noticeable artifacts. In the context of the video, it is used to enhance the quality of AI-generated art before it is sold.

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 starting this business requires an initial investment of just $10.

Antique White Art successfully sells aesthetically pleasing painting styles with a rustic, vintage feel.

The shop has made over 600 artwork listings and achieved over 31,000 sales in their first year.

Another shop made over 1.3 million in sales in four years by selling AI-generated art.

Lexington Prince, a newer shop, has already made over 14,000 sales in their first 4 months.

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

Using a shop analyzer tool like Aura can help identify successful art styles and trends.

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

Adjusting settings in Mid Journey can optimize the style and quality of the generated art.

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

Upscoping the generated image enhances its quality for selling purposes.

Resizing artwork into popular aspect ratios is necessary for various uses.

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

Professional mockups are essential for increasing sales and can be created using Mid Journey.

Google Drive or Dropbox can be used to host digital downloads for Etsy sales.

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