How to Make Money with ChatGPT – 9+ Methods & Example Prompts

Many remote workers, digital nomads, and entrepreneurs use ChatGPT to speed up their processes and earn money online. In this article, I want to show you how you can use the program for free and give you different ways how to make money with ChatGPT. All of the mentioned methods are beginner-friendly and easy to implement.

On top of that, I give you a list of the most important do’s and don’t’s you need to be aware of when using the program. So make sure not to miss out.

What Is ChatGPT?

ChatGPT stands for “Generative Pre-trained Transformer chatbot”. This is a chatbot that automatically generates text that is very similar to human writing. It can comprehend and respond to all types of topics, like astrophysics, cooking, or economics.

You could refer to it as a machine that can generate endless ideas and texts, which makes it a great foundation to earn money online.

ChatGPT was developed by the American research company OpenAI and there is a demo version that everyone can use for free. You only need to create a free account to access it.

What Are ChatGPT Alternatives?

Alternatively, you could also use an AI chat of a different company, for instance

• Chatsonic
• BloomAI or
• Replika.

But ChatGPT is by far the most popular one.

How to Use ChatGPT Tutorial?

To use it, you first need to register for free with your email and phone number. Once you’re logged in, you can either check out the tutorials and documentation or start creating texts straight away by clicking on the menu button “Playground”.

Here you can now load one of the presets and customize it according to your needs or type in your prompts from scratch. Hit the “Submit” button and ChatGPT gets your answers.

Now to the important question:

How to Make Money with ChatGPT?

As mentioned before, there are many different ways to make money with ChatGPT. Here are the most popular methods:

1. Blog Posts

Blogs are still a great source of income for many people around the world. And ChatGPT can be of great help to speed things up in your daily blogging process.

1. For one, if you struggle to come up with new blog post ideas, you could simply ask the program “What are blog post ideas on the topic of travel in Europe?”.
   Now you receive a list of 10 creative ideas that you could write about.
   
2. In case you want to save time on writing the blog post, you could also tell ChatGPT to give you an outline in list format. In this example, we ask for an outline of how to find cheap flights. Now you get a detailed structure for your article.
   
3. If you have existing blog posts, that need an update or you want to add an FAQ section to your post, you can also use the system to get the job done for you.
   

In short, ChatGPT can save you a lot of time if you run a blog or want to start one.

2. YouTube & Podcast Scripts

We all know by now that you can make a lot of money as a YouTuber. To make things easier, you can use ChatGPT to help you create your scripts. Just as with blogging, you can use it to generate video ideas or come up with entire texts.

For instance, you could use the prompt “Help me create a Youtube video script on ways to make passive income” and within seconds the program writes you the script including the opening lines.

Of course, you can use the same prompts to generate scripts for a podcast or other audio files you want to sell online, like meditations.

3. Books and eBooks

Have you ever thought about selling books or eBooks online but are scared of the effort of writing them? Now you can simply use ChatGPT the help you with the process. As in the before-mentioned ideas, you can ask the program to come up with ideas, titles, outlines, or entire stories.

For example, you could give the system a few ideas that you have in mind, like “young wizard”, “fight evil snake” and “protect friends” and it will automatically write the plot according to your ideas. 

4. Social Media Posts

If you want to make money on social media or need to be active on social media to support your business, you constantly need to come up with new post ideas. Since this can be quite exhausting, why not use ChatGPT for help?

For example, you could use the prompt “Can you help me create 10 tweets on the topic of sustainability while traveling?”. And 5 seconds later you have 10 posts for your Twitter account including hashtags.

5. Freelance Content Writing

If you work as a freelancer in content writing, you can easily use ChatGPT to help you out with your daily tasks. For instance, if you work on a freelancer platform like Fiverr or Upwork and you receive a topic from your client, you can head over to ChatGPT to get some help.

You can use it to generate an outline for the text or get entire paragraphs written. This can speed up the writing process immensely. Just keep in mind to be transparent with your client and always double-check the result.

6. Answer Questions

I’ve already done a video on how to make money on Quora by answering questions. But there are also many other platforms or tutoring websites out there that pay you for your knowledge.

To speed up your answering process, you can use ChatGPT. All you need to do is to type in the question and receive your answer.

Again, you should still know a thing or two about the questions you want to answer to be able to double-check the generated results. 

For example, if you have a background in finance or investing, you could answer questions like “How did Warren Buffett become so rich?”. ChatGPT writes the answer and you only need to make a quick final check if the answer is ok.

7. Translations

You can offer professional translation services to individuals and companies that require text to be translated from one language to another. You can use ChatGPT to assist in the translation process, speeding up the process and increasing the accuracy of the translations.

Again you can offer your services on freelance platforms like Fiverr or Upwork, or reach out to companies directly to pitch your services. If you want more ideas on how to find clients online as a freelancer, check out the linked article.

Just keep in mind that, to make money with ChatGPT translations, you will need to have a good understanding of both the source and target languages, as well as the translation process. So please don’t try to make money with this idea, if you are not fluent in the two required languages.

8. Write Code

There are several ways to make money by writing code with ChatGPT, for example:

• Developing chatbots: You can use ChatGPT to build chatbots for various industries, such as customer service, marketing, or e-commerce. Companies are willing to pay for chatbots to automate their processes and improve customer experiences.
• Data labeling: You can use ChatGPT to automate data labeling, which is the process of tagging and categorizing data for machine learning purposes. Companies are willing to pay for efficient and accurate data labeling services.
• Create SQL queries: ChatGPT can assist in the process by generating code snippets or offering suggestions for how to translate texts into SQL queries.

To make money writing code with ChatGPT, you will need to have skills in coding and programming, as well as a good understanding of AI and machine learning. You can offer your services on freelance platforms, or reach out to companies directly to pitch your services.

9. Additional Ideas

ChatGPT offers so many possibilities, I can’t go into detail for every single one of them but still want to mention them quickly:

• Writing sales copy: Simply take an existing text about the brand, product, or service, and ask ChatGPT to come up with some compelling language. Or use ChatGPT to write product descriptions, product reviews, and email campaigns.
• Professional resumes: Offer resume writing services using ChatGPT to assist in generating personalized, high-quality resumes based on given data about the person.
• Virtual writing assistant: Offer your services as a virtual writing assistant, using ChatGPT to assist in writing tasks such as content creation, email replies, and article summaries.
• Market research: Use ChatGPT to generate market research reports for companies and organizations.

ChatGPT Do’s and Don’ts

As mentioned in the beginning, there are a few things you need to be aware of when using ChatGPT to make money online. Make sure you pay attention to the following:

• Always double-check the result if everything is correct. That also means you shouldn’t use it in a niche that you do not know anything about.
• If you want to publish the generated texts, quickly run it through a plagiarism checker. In case someone else gave ChatGPT the exact same prompt, they may have also gotten a very similar answer.
• Note that the generated information might not be up to date. This depends on when the latest ChatGPT update was.
• If you use the program to generate work for clients, please be transparent and explain that you use artificial intelligence in the process.
• Only use it legally and ethically.
• Although you could create entire texts or even books with ChatGPT, the result is more natural if you only use it for parts of it, like getting ideas, creating an outline, or writing only paragraphs.
• And last, please keep in mind that the software might be extremely good but it’s still no replacement for human expertise and judgment.

Use ChatGPT to Boost Your Business

As you can see, there are plenty of ways how you can make money with ChatGPT. You don’t need to be an expert or invest any money. The potential is massive and you can now run several side hustles online with the help of ChatGPT because it saves you so much time.  

Now I’m curious, have you used ChatGPT before or any ChatGPT alternatives? If so, what are your experiences with it? Did it work the way you wanted it to? Let me know in the comments below!

ChatGPT FAQs

What is ChatGPT?

ChatGPT is a language model created by OpenAI that uses artificial intelligence to respond to text-based inputs.

How can I use ChatGPT to make money?

There are many different ways you can make money with ChatGPT. For instance, by creating blog posts or YouTube scripts, by generating content for clients if you are a freelancer, or by answering questions online to earn money, e.g. on Quora or tutoring websites.

Can I use ChatGPT for data labeling or research purposes?

Yes, you can use ChatGPT for data labeling or research purposes. ChatGPT can help automate the process of data labeling, making it faster and more efficient, and can also assist with research by generating new insights and ideas.

Can I make money with ChatGPT as a beginner without knowledge of AI or programming?

Yes, you can. There is no need for expertise in AI or programming to make money with ChatGPT. However, it helps to have a good understanding of language and writing skills to generate high-quality content and engage with potential clients.

Is ChatGPT free to use?

ChatGPT is not completely free, as it is a product developed by OpenAI, a private AI research company. However, OpenAI has released a smaller version of the model, called “GPT-3 demo,” that can be accessed for free through the OpenAI API. To access the full version of ChatGPT, you would need to purchase access to the OpenAI API or pay for a custom solution through OpenAI.

Is it legal to use ChatGPT?

ChatGPT is legal to use as long as it is used in accordance with OpenAI’s terms of service and the license agreement. This also includes using the model for ethical and lawful purposes and not using it to generate harmful or malicious content. You should also be transparent if you sell ChatGPT-generated text as a freelancer to clients.