How To Make PASSIVE INCOME With ChatGPT & AITUBO AI? UPDATED

Wealthify
9 Nov 202307:17

TLDRThis video introduces a method to generate passive income by creating and selling children's storybooks on Amazon. It suggests using AI tools like ChatGPT for story ideas and outlines, and AITUBO AI for free, high-resolution illustrations. The process includes crafting the story, designing the book with Canva, and finally publishing on Amazon. The video promises a step-by-step guide in the description for those interested in this passive income opportunity.

Takeaways

  • 😀 The video discusses a new business idea to make passive income by selling children's storybooks on Amazon.
  • 📈 A simple storybook can generate significant income, as evidenced by examples where books have made over $75,000 and $772,000 USD.
  • 💡 The idea is to create interesting children's storybooks that can lead to increased sales and passive income.
  • 🤖 Utilize AI tools like ChatGPT to generate story ideas and outlines for the books.
  • 📝 AI can assist in creating chapter outlines and turning short stories into full narratives.
  • 🎨 AI tools like AITUBO can generate high-resolution illustrations for the books at no cost.
  • 🖼️ The process involves creating fictional images from the story's chapters using AI generators.
  • 📚 Use platforms like Canva to compile the story text with the illustrations to create a complete book layout.
  • ✍️ Edit and format the book's text and images on Canva to ensure a polished final product.
  • 💻 The final step is to publish the completed storybook on Amazon for sale.
  • 📈 Following the outlined steps can potentially lead to a good amount of passive income from book sales.

Q & A

  • What is the main topic of the video?

    -The main topic of the video is about creating a passive income by selling children's storybooks on Amazon using AI tools like ChatGPT and AITUBO AI.

  • How much money has the simple storybook mentioned in the video made?

    -The simple storybook mentioned in the video has made over $75,000.

  • What is the role of ChatGPT in creating a children's storybook?

    -ChatGPT is used to generate story ideas, chapter outlines, and to help turn a short story into a full actual story for the children's book.

  • What does AITUBO AI provide for free that can be used in creating a children's storybook?

    -AITUBO AI provides high-resolution, beautiful illustration photos for free that can be used in creating a children's storybook.

  • How much does it cost to create illustrations for a storybook traditionally?

    -Traditionally, creating illustrations for a storybook can cost thousands of dollars.

  • What is the process of creating a fictional image using AITUBO AI?

    -The process involves going to the AITUBO AI website, using the AI generator, pasting the first topic of the chapter into the search box, and clicking the generate button to create fictional images.

  • What tool is suggested for adding story text to the illustrations?

    -Canva is suggested for adding story text to the illustrations, allowing for editing and customization of the text and images.

  • How can one publish and sell the created storybook on Amazon?

    -The video suggests that the process of publishing and selling the book on Amazon is detailed in the video description or will be shown in another video.

  • What is the estimated cost of not using AI tools for creating a storybook?

    -Without using AI tools, the estimated cost for creating a storybook, particularly for illustrations, can be quite high, potentially reaching into the thousands of dollars.

  • What are the steps outlined in the video to create a storybook?

    -The steps are: 1) Get a story idea using ChatGPT, 2) Make a story outline and chapters, 3) Generate illustration photos using AITUBO AI, 4) Add story text to the image using Canva, 5) Publish the book on Amazon.

  • How does the video guarantee the success of creating passive income through selling storybooks?

    -The video guarantees success by stating that if one follows the steps well and applies themselves, they can start generating a good amount of passive income.

Outlines

00:00

📚 Boosting Amazon Sales with Children's Storybooks

This paragraph introduces a business idea focused on increasing book sales on Amazon by creating engaging children's storybooks. The narrator shares their discovery of the high demand and profitability of such books, as evidenced by impressive user ratings and sales figures. They propose a method to create these books without the need for traditional writing or illustration expenses, suggesting the use of AI tools for story generation and free resources for illustrations. The goal is to create a passive income stream by following a step-by-step process that will be detailed in the full video.

05:03

🎨 Crafting a Children's Storybook with AI and Free Resources

The second paragraph delves into the practical steps of creating a children's storybook for Amazon sales. It begins with brainstorming a story idea using AI, followed by generating a chapter outline and story text with the assistance of AI chatbots. The paragraph emphasizes the cost-effectiveness of creating illustrations through AI tools that offer free, high-resolution images. The process continues with compiling the book using Canva, a design platform, to overlay text onto the illustrations and finalize the layout. The final step is publishing and selling the book on Amazon, with the promise of a detailed guide in the video description or a follow-up video. The paragraph concludes with an encouragement to subscribe for more content.

Mindmap

Keywords

💡Passive Income

Passive income refers to earnings derived from a source that requires minimal effort to maintain once it is established. In the context of the video, it is the money earned from selling children's storybooks on Amazon without the need for constant work. The video promises to show viewers how to generate this income by creating and selling storybooks, highlighting the potential of earning 'a thousand dollars per month' as an example.

💡Amazon

Amazon is an e-commerce platform where individuals and businesses can sell a variety of products, including books. The video script mentions Amazon as the marketplace where the children's storybooks can be published and sold to generate income. The platform's user rating system is used as an indicator of a book's popularity and sales potential, as seen with the books that have '9,000 user ratings' and '12,000 user ratings'.

💡Children's Storybook

A children's storybook is a type of literature specifically designed for young readers, often featuring illustrations to accompany the text. The video's theme revolves around creating and selling these books on Amazon as a means to earn passive income. The script emphasizes the high demand and sales figures of such books, suggesting they are a lucrative business opportunity.

💡AI

AI, or artificial intelligence, is the simulation of human intelligence in machines that are programmed to think like humans and mimic their actions. In the video, AI is used to assist in the creation of the storybook, from generating book titles and outlines to writing the story itself. The script mentions using AI to generate '10 titles of storybook for kids' and to create the 'chapter page outline of this storybook title'.

💡AITUBO AI

AITUBO AI is a specific AI tool or service mentioned in the script for generating illustrations. It is used to create high-resolution images for the storybook without any cost, which is a significant advantage in the book creation process. The video describes using AITUBO AI to 'generate illustration photos' for the storybook chapters.

💡Illustration

An illustration is a visual representation, such as a drawing or picture, that is used to decorate or explain text. In the context of the video, illustrations are crucial for the storybook as they complement the story and enhance the reader's experience. The script discusses using AI to create free illustrations, emphasizing the cost-saving aspect of this process.

💡Canva

Canva is an online design platform used to create visual content, including storybook layouts. The video script mentions Canva as the tool for combining the AI-generated illustrations with the story text. It is used to 'add the story text to the image' and to edit the design elements, such as font and image shadow, to finalize the storybook pages.

💡Publishing

Publishing refers to the process of production and distribution of literature or information, the video specifically discusses publishing a book on Amazon. It is the final step in the process of creating passive income from the storybook, where the book is made available for sale to the public. The script outlines the steps to 'publish your book on Amazon'.

💡Book Sales

Book sales are the transactions where books are sold to consumers. The video's main theme is centered around increasing book sales on Amazon to generate income. It provides a strategy for boosting sales by creating engaging children's storybooks and leveraging AI tools to streamline the creation and production process.

💡Story Idea

A story idea is the initial concept or premise for a narrative. The video emphasizes the importance of having a compelling story idea as the foundation for creating a successful children's storybook. It suggests using AI, specifically Chat GBT, to generate '10 titles of storybook for kids' and to develop the story outline.

Highlights

A simple children's storybook has made over $75,000 in sales.

A new business idea is presented to increase book sales on Amazon by creating interesting children's storybooks.

The potential to earn over a thousand dollars per month through passive income is highlighted.

The video promises a step-by-step guide to creating a passive income stream.

A children's book with over 9,000 user ratings and sales exceeding $91,000 is discussed.

Another book with 12,000 user ratings made over $772,000, demonstrating high demand for children's storybooks.

The process of creating a book without writing it down manually is introduced using AI.

Using AI to generate storybook titles and ideas is suggested.

Chat GPT is recommended for creating chapter outlines and summaries for the storybook.

AI is utilized to expand a short story into a full-length storybook.

Illustrations for the storybook can be created for free using AI tools.

Aitubo AI is specifically mentioned for generating high-resolution illustrations.

The process of creating fictional images for each chapter using AI is explained.

Canva app is introduced for adding text to illustrations and editing the storybook layout.

A step-by-step guide to publishing and selling the book on Amazon is promised.

The importance of a good story idea for creating a successful children's book is emphasized.

The entire process from idea generation to publishing is outlined in the video description.

A call to action for viewers to subscribe if they like the video is made.