How To Get Rich With GPTs in 2024: Ultimate Guide For Beginners
TLDRThis video is a comprehensive guide for beginners on how to make money using custom GPTs in 2024. The video explains the creation and monetization of GPTs, leveraging the GPT Store, and different methods such as selling custom GPT models, app development, and offering consulting services. It also covers essential skills like market research, data preparation, prompt engineering, and marketing. Additionally, the video introduces Bot Sonic, a tool to easily create and deploy GPTs without requiring a premium subscription, highlighting its benefits and ease of use.
Takeaways
- 🚀 OpenAI introduced the option to create custom GPTs in November 2023, leading to over 3 million GPTs being created for various use cases.
- 🛍️ The GPT store was launched as a marketplace for custom GPTs, allowing creators to showcase and monetize their creations.
- 💡 GPTs, or generative pre-trained Transformers, are tailored versions of the original GPT designed to perform specific tasks or meet individual needs.
- 📈 Creators can make money from the GPT store through a revenue program based on user engagement, though the exact criteria and payments are yet to be disclosed.
- 💰 Additional revenue streams for creators include selling GPT models to brands, developing and selling apps using GPTs, and offering consulting services.
- 🔍 Market and use case research is essential for understanding audience needs and identifying gaps in existing solutions that a GPT can fill.
- 📊 Data sourcing, preparation, and training are critical for the effectiveness of a GPT, as the quality of the training data set determines the GPT's performance.
- 🗣️ Prompt engineering involves training the GPT to understand human language nuances, making it more natural and relatable in its responses.
- 🛠️ Custom actions teach the GPT to perform tasks beyond chatting, such as coding, problem-solving, or designing, by providing specific examples and data during training.
- 📢 Marketing is vital for standing out in the GPT store, with strategies ranging from social media to influencer marketing and PR.
- 🛠️ Botic is a preferred tool for creating GPT bots due to its ease of use, free starter option, and additional features like analytics and integration options.
Q & A
What is the significance of the GPT store launched by OpenAI?
-The GPT store is significant as it serves as a marketplace for custom GPTs, allowing creators to showcase their creations and potentially earn revenue by solving specific use cases and problems.
How can individuals create custom GPTs without extensive learning?
-Individuals can create custom GPTs by inputting their data into the GPTs for pre-training, which allows the GPTs to respond in a specific way tailored to the user's needs, and this can be learned in a matter of minutes.
What is the role of generative pre-trained Transformers (GPTs) in customizing AI solutions?
-GPTs are custom versions of the base GPT designed to carry out specific tasks or meet the requirements of an individual. They are pre-trained by inputting data so that they can respond appropriately to user queries.
How does the GPT store benefit both creators and brands?
-The GPT store benefits creators by providing a platform to list their GPTs, gain recognition, and potentially earn revenue. Brands can find and utilize these GPTs to enhance their services and products, addressing specific needs.
What are some ways creators can monetize their GPTs on the GPT store?
-Creators can monetize their GPTs by selling models to brands, developing and selling apps that use GPT models, offering consulting services, and taking freelance gigs for content creation or chatbot building.
What is the GPT Builder Revenue program?
-The GPT Builder Revenue program is an initiative by OpenAI that plans to pay creators based on user engagement with their GPTs, although the exact criteria and payment details are yet to be disclosed.
What skills are necessary for someone to create and market a successful GPT?
-Necessary skills include market and use case research, data sourcing, preparation and training, prompt engineering, custom actions, and marketing to ensure the GPT is effective and reaches the right audience.
How does Bot Sonic differ from other GPT tools like Chat GPT?
-Bot Sonic is more comprehensive and user-friendly, allowing free sign-up without a premium subscription, embedding bots on websites or messaging platforms, sharing via simple links, and providing analytics for bot interactions.
Can you provide an example of how a custom GPT bot can be created for a fitness website?
-A custom GPT bot for a fitness website can be created by training it with data related to different fitness levels and services offered. The bot can then guide potential customers to the right service based on their needs.
What are the steps to create a custom GPT bot using Bot Sonic?
-To create a custom GPT bot with Bot Sonic, sign up for a free account, use the Bot Builder to train the bot with custom data, test the bot's responses, customize its appearance, and share or embed it using provided links or codes.
How can the custom GPT bot be shared or integrated into other platforms?
-The custom GPT bot can be shared by using a public link or integrated into websites using embed codes, or connected to business platforms like WhatsApp or Messenger through integration options in Bot Sonic.
Outlines
🚀 Introduction to Custom GPTs and the GPT Store
In November 2023, OpenAI introduced custom GPTs, which have since been used to create over 3 million models for various applications. This innovation led to the launch of the GPT Store, a marketplace for these custom GPTs, providing creators a platform to showcase and monetize their work. The store has opened up opportunities for creators to generate significant income by developing GPTs tailored to specific use cases. This video aims to guide beginners on how to create custom GPTs and profit from them, emphasizing that the learning process is quick and accessible.
💡 Understanding GPTs and Their Applications
GPTs, or Generative Pre-trained Transformers, are specialized versions of ChatGPT designed to perform specific tasks or cater to individual needs by being trained on custom data. An example provided is a travel website using a custom GPT to recommend travel plans based on user queries. The introduction of the GPT Store allows developers and creators to share their GPTs with a larger audience, making it easier for others to find and use them. This platform includes features like leaderboards, ranking GPTs by popularity and usefulness, offering endless possibilities for both creators and brands.
💰 Monetizing Custom GPTs in the GPT Store
Creators can potentially earn money from their GPTs through various methods. OpenAI plans to launch a revenue program for GPT creators, paying them based on user engagement, though details are still pending. Initially, only U.S. creators are expected to benefit from this revenue stream. Other monetization strategies include selling GPT models to brands or firms, developing and selling applications that utilize GPTs, offering consulting services, freelancing for GPT-related tasks, and selling custom-trained models to companies with specific needs. The growing GPT marketplace offers diverse opportunities for creators to leverage their skills.
🎯 Essential Skills for Successful GPT Creation
To successfully create and monetize GPTs, certain skills are essential. First, creators need to conduct market and use case research to understand audience needs and identify gaps in existing solutions. Second, data sourcing, preparation, and training are crucial, as the quality of the GPT depends on the data it is trained on. Third, prompt engineering involves making the GPT understand human language nuances, enhancing its effectiveness. Fourth, custom actions teach the GPT to perform specific tasks beyond chatting. Finally, marketing is vital for promoting the GPT, ensuring it stands out in a crowded marketplace, leading to more users and revenue.
🛠️ Step-by-Step Guide to Creating a Custom GPT Bot
This section provides a detailed tutorial on creating a custom GPT bot using Bot Sonic, a tool preferred over ChatGPT due to its ease of use and additional features. The guide walks through signing up for a free account, using the bot builder interface, training the bot on specific data, and customizing its appearance to match a brand. Once the bot is created, it can be shared via a public link or embedded into a website or integrated with platforms like WhatsApp or Messenger. The tutorial emphasizes the simplicity and effectiveness of Bot Sonic in building and deploying GPT bots.
🏋️♂️ Creating a Custom GPT Bot for a Fitness Website
The final section uses a fitness website as a case study to demonstrate creating a custom GPT bot tailored to specific user needs. The example involves a bot guiding users to the right service based on their fitness level or goals. The process includes selecting and training the bot on relevant data from the website, customizing its tone and appearance, and testing its responses. The bot can then be easily shared or integrated into the website, enhancing user experience and potentially driving more engagement and revenue. The tutorial concludes by recommending Bot Sonic for creating versatile and user-friendly GPT bots.
Mindmap
Keywords
💡GPTs
💡GPT Store
💡Custom GPTs
💡GPD Builder Revenue Program
💡Engagement Rate
💡Market and Use Case Research
💡Data Sourcing, Preparation, and Training
💡Prompt Engineering
💡Custom Actions
💡Marketing
💡Bot Sonic
Highlights
Open AI introduced the option to create custom GPTs in November 2023, leading to over 3 million GPTs being created for various use cases.
The GPT store was launched as a marketplace for custom GPTs, offering opportunities for creators to showcase and monetize their creations.
Generative Pre-trained Transformers (GPTs) are custom versions of the original GPT, designed for specific tasks or individual requirements.
GPTs can be pre-trained by inputting data to respond in a particular way to user queries, like curating personalized travel itineraries.
The GPT store has become a haven for developers and creators, allowing them to list their GPTs and gain recognition.
Creators can make money through the GPT Builder Revenue program, which is based on user engagement with their GPTs.
Initially, only US creators are expected to share in the OpenAI revenue, which stands at $1.6 billion a year.
Other ways for creators to earn include selling GPT models to brands, developing and selling apps, and offering consulting services.
Freelance gigs such as content creation and chatbot building can also be monetized by selling custom-trained models.
The GPT space is ripe for growth, offering various ways for individuals with different expertise to make money creatively.
Market and use case research is essential to understand audience needs and solve existing problems with GPTs.
Data sourcing, preparation, and training are crucial for the effectiveness of a GPT, similar to having the right ingredients for a meal.
Prompt engineering involves training the model to understand human language and respond naturally, enhancing user-friendliness.
Custom actions teach the GPT to perform tasks beyond chatting, like coding or problem-solving, by training on specific data.
Marketing is vital for pushing GPT creations to the world, with strategies ranging from social media to PR.
Bonic is a preferred tool for creating GPTs due to its ease of use, free starter options, and additional functionalities.
Creating a custom GPT bot with Bonic involves signing up, defining use cases, training on data, and customizing the bot's appearance.
Bonic allows for easy sharing of bots via public links and embedding on websites or integration with platforms like WhatsApp.
Upgrading to a paid Bonic plan offers additional benefits and makes managing multiple integrations more convenient.