TOP 10 Best AI Business Ideas 2024 for Beginners! How to make money online with AI

Introduction

In this article, we explore the top ten best ideas for making money online using artificial intelligence (AI) in 2024. Whether you're a beginner looking to earn some extra cash or seeking a new venture, these ideas provide innovative ways to leverage AI technology for profit. Let’s delve into the details, step-by-step algorithms, and methods you'll need to get started.

10. Generating Product Designs for Drop Shipping

The first idea comes from Franklin Hatchet's channel, which details how to earn money by generating product designs on a drop shipping site like Printify.

Step-by-Step:

1. Visit the Printify website and select a product to design (e.g., t-shirts, mugs).
2. Choose a supplier for printing.
3. Use the built-in neural network to generate an image.
4. Integrate your Printify account with Etsy to list the product.
5. Once an order is placed, the supplier prints and ships directly to the buyer, and you earn a percentage of the sale.

9. Creating Viral Social Media Content

Quirky Quest's channel explains how to use AI to create viral content quickly.

Step-by-Step:

1. Use OpenAI's ChatGPT to generate ideas for your social media page.
2. Create images using MidJourney or Leonardo AI.
3. Write engaging post text using ChatGPT.
4. Generate voiceovers using the 11 Labs website.
5. Post daily content to gain followers, then start selling products or placing ads.

8. Selling Digital Images

Sandra D's channel discusses how to earn by selling digital images for posters or advertising.

Step-by-Step:

1. Research trending themes and styles for images.
2. Use an image generator that allows commercial use.
3. Create images based on effective prompts.
4. Add text if needed.
5. Sell through Etsy or similar platforms.

7. Selling Image Prompts

An AI Art Academy video covers how to sell prompts for image generation networks like MidJourney or Stable Diffusion.

Step-by-Step:

1. Analyze the best-selling prompts on PromptBase.com.
2. Study free libraries and hints on specific topics.
3. Create and test your custom prompts.
4. Post your prompts on PromptBase with a description.
5. Offer custom prompt engineering services for more earnings.

6. Creating Video Clips from Text

Samsung Delightful Design explains generating videos from text descriptions or images.

Step-by-Step:

1. Navigate to Pixverse to create videos.
2. Choose between text or photo-based video creation.
3. Write a prompt detailing the video story.
4. Set video parameters and resolution.
5. Monetize your videos on platforms like YouTube.

5. Naming for Brands

The Aelius Chin channel discusses using AI to create brand names, which can earn you up to $ 200 per order.

Step-by-Step:

1. Use ChatGPT to generate brand name ideas based on business descriptions.
2. Expand on good results by asking for more options.
3. Check for uniqueness using trademark databases.
4. Find an available domain with Namecheap.com.

4. Logo Creation

The Alec channel shows how to generate logos using MidJourney.

Step-by-Step:

1. Connect to the MidJourney platform via Discord.
2. Use prompts to generate logos based on company needs or styles.
3. Experiment with different prompts for better results.
4. Download and refine the logo using graphic editing software.

3. Creating Avatars and Virtual Influencers

Sharp Startup explains how to create avatars for social media and blogging.

Step-by-Step:

1. Generate an avatar image using MidJourney.
2. Edit the image to include a green screen background.
3. Create a script using ChatGPT.
4. Generate voice with PlayHD.
5. Animate the avatar and publish the content.

2. Developing Chatbots

The Surviving Your 20s channel describes creating chatbots for businesses.

Step-by-Step:

1. Start a project on Custom GPT.
2. Prepare training information for the bot.
3. Copy the sitemap URL or upload documents for indexing.
4. Test the chatbot for accuracy.
5. Integrate the chatbot into client websites.

1. Using AI in Cryptocurrency Trading

The Money ZG channel explains utilizing AI-powered trading bots for cryptocurrency.

Step-by-Step:

1. Register on Pionex.com and Bit.com.
2. Choose a trading strategy and use GPT to write code.
3. Transfer the strategy code to Bit's script editor.
4. Test and adjust the strategy as needed.
5. Apply the strategy and earn on crypto exchanges.

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Keywords

These are the essential keywords extracted from the article:

• AI Business Ideas
• Online Earnings
• Product Designs
• Social Media Content
• Digital Images
• Image Prompts
• Video Creation
• Branding
• Logo Generation
• Chatbots
• Cryptocurrency Trading

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FAQ

Q1: What are some beginner-friendly AI business ideas?
A1: Beginners can explore product design for drop shipping, viral content creation for social media, or selling digital images.

Q2: How can I monetize content created using AI?
A2: You can monetize AI-generated content through platforms like Etsy, YouTube, or by offering services such as branding and logo creation.

Q3: What tools are necessary for starting an AI business?
A3: Essential tools include AI generators like MidJourney, OpenAI's ChatGPT, and platforms for trading or creating digital products.

Q4: Is it possible to make money with chatbots?
A4: Yes, creating and implementing chatbots for businesses can be a profitable venture, allowing you to build customized bots for various industries.

Q5: Can AI help with cryptocurrency trading?
A5: Absolutely! Using AI-powered trading bots can enhance trading strategies and maximize earnings on cryptocurrency exchanges.