How to make thousands of dollars a month with AI: a step by step recipe from a millionaire

Matt Higgins is an investor and CEO of RSE Ventures. He began his career as the youngest press secretary in New York history, helping control the flow of news during the 11/XNUMX attacks. And now he is a millionaire. In the column for CNBC Matt shared his ideas on how to make several thousand dollars a month with small investments and with the help of artificial intelligence.

Matt grew up poor in Queens and left school at 16. During the day he worked selling flowers on the street corner, and in the evenings he studied at college. He was meticulous and set high goals for himself.

Since then, he has invested in various businesses and then sold their shares for hundreds of millions of dollars; was an investor in Shark Tank; taught at Harvard Business School and worked with two NFL teams.

Despite the millions in the account, Matt still sometimes thinks about what he would do if he went bankrupt and was forced to start all over again. Fortunately, thanks to artificial intelligence, there has never been such an exciting time for making money as now. Higgins was particularly inspired by reading tweet about a college student who started an AI business and made $64 a month.

If he had to start his own business today with only $100 in his pocket, then he would certainly use AI to increase passive income. And here are four steps to the effective use of artificial intelligence from Matt Higgins.

On the subject: New York Business School teacher uses ChatGPT 50-70 times a day: how AI makes life easier

Step 1: Identify Fast Rising Trends

Find a specific niche that will attract active followers. A trend must be so exciting that it makes people willing to pay for information or advice.

Start with what you know best, or research the latest viral social media posts.

As an example, let's take a look at the topic: "Artificial intelligence for small businesses and startups." It may come in now, as many companies are trying to figure out how to use artificial intelligence to increase their bottom line.

Step 2: Become an expert overnight

Take a full day to learn the latest AI tools that save time and money for businesses.

Browse popular TikTok and Instagram videos, watch YouTube videos, and study every AI tweet. Then consolidate all the information received into one full-fledged document.

If you don't enjoy writing, record a video in which you share your knowledge. Most importantly, don't plagiarize. You can even use ChatGPT to help you script the video.

After the video is ready, you can upload this document or file to the service for creating online courses courseau.

Step 3: Create a logo and website for your course

First, come up with a descriptive and memorable title for your course, such as “How to Use Artificial Intelligence to Save Time and Money in Small Business.” If you do not know anything about design, you can use programs based on artificial intelligence (look or midjourney) to create a logo.

Then we go to Durable and voila! In 30 seconds you will create and optimize a simple but complete website.

Another interesting tool is Picture, it lets you turn text into cinematic promo videos to engage customers more effectively.

Step 4: Use artificial intelligence for marketing and sales

You can outsource your entire marketing strategy and copywriting Chat GPT. You can use AI to create newsletters, write viral tweets, and create emails without wasting an ounce of your time.

That's all. Artificial intelligence can be a great tool for making money, and it's definitely superior to selling flowers on a street corner.

For a closer look at the ideas of Matt Higgins, we recommend reading his book "Burn the Boats: Throw Plan B Overboard and Reach Your Full Potential".