Brief Summary
This video presents five AI-powered side hustles that can potentially generate significant income. It covers vibe coding for app development without coding, creating directory websites, becoming a meme hunter for brands, producing AI-generated UGC videos, and curating niche newsletters. The video provides examples, tools, and strategies for each hustle, highlighting their potential profitability and accessibility.
- Vibe coding allows building apps with AI, opening opportunities for service providers and founders.
- Directory websites, though seemingly outdated, can generate substantial income through listings, ads, and affiliate marketing.
- Meme hunting involves creating relatable content for brands, increasing engagement and sales.
- AI-generated UGC videos offer a scalable way to promote products on platforms like TikTok Shop.
- Niche newsletters can be monetised through sponsorships, subscriptions, and product sales, providing valuable insights to a targeted audience.
Intro
Jason introduces five side hustles that can be done from home using AI, potentially earning tens of thousands of dollars per month. Some individuals or small teams are reportedly making between $5,000 to $300,000 monthly from these ventures. He promises to share mind-blowing examples, some of which may be unfamiliar to the audience.
Side Hustle 1
The first side hustle is vibe coding, which involves building apps using AI without writing code. The popularity of vibe coding is increasing due to the potential for making money with apps, an opportunity previously limited to those with coding skills or technical co-founders. With vibe coding, anyone can build an app using AI, although not complex apps like Uber or Yelp. The Locket app, which allows users to add photos to each other's home screens, is an example of a simple app generating $300,000 per month with a million downloads. Another example is the Rock Identifier app, reportedly making $700,000 per month. Tools like Replit, Cursor, and Lovable can assist in building these apps. There are two approaches to making money: being a service provider or a founder. Service providers can offer their AI app-building skills to businesses needing custom apps but unwilling to pay high traditional development costs, charging around £3,000 to £5,000 per project and delivering in weeks instead of months. Alternatively, one can become a founder by building and marketing their own app, requiring more research but offering higher long-term income potential. The key to success is focusing on solving a specific problem for a niche group, preferably businesses, as they have the money to pay and a lower churn rate if the problem is significant. For example, the Receipts AI app focuses on handling receipts for businesses, automatically categorising them and making tax season easier.
Side Hustle 2
The second idea involves creating directory websites, which, despite seeming outdated, are generating significant income for many. A directory website lists businesses or locations for a specific niche. Examples include Trip Advisor and Yelp, but smaller sites like justapinch.com, a recipe-sharing directory with almost a million monthly visitors, earn $365,000 per year through ads. Remote.io, a job board website, made $3.4 million last year with zero funding. Carpart.com, a directory for used car parts with a dated design, generates $43 million in annual revenue. These websites make money by selling listings to businesses, placing ads using platforms like Google AdSense or Mediavine, and through affiliate marketing. Once built, a directory website can become a passive income source. For those interested in learning more about building directories, Freychu on X and YouTube shares his strategies publicly.
Side Hustle 3
The third side hustle is being a meme hunter, which involves using memes to help brands gain exposure. Meme marketing uses humour to make brands more relatable. The Netflix show "The Bird Box" went viral due to memes, and Tony from LT Science used memes and skits to promote his neon LED signs, resulting in millions of views and increased sales. A meme hunter's job is to find trending memes and adapt them for brands to make them more relatable and shareable. While some offer this service on Fiverr, directly pitching to brands is recommended. To do this, follow big meme accounts and Reddit threads, and build a portfolio of 10-15 examples. Pitch to three target brands, offering five memes and proposing a weekly service. To make it risk-free for the brand, offer a guarantee, such as doubling impressions or views, and only charging if successful. This provides a case study for future pitches.
Side Hustle 4
The fourth idea involves AI-generated UGC videos, where videos are created without filming oneself. There are two ways to make money from this. The first is through TikTok Shop, where videos promoting products earn a commission on sales. One creator generated $400,000 in revenue from a single video with 19 million views, earning $40,000 in commission with less than 10,000 followers. Because AI is used, hundreds of these videos can be created quickly. The key is to target a specific market segment, such as software startups. Startups need eyeballs on their products, and TikTok is a great platform for organic content. The Locket app, for example, went viral and generated $300,000 a month by creating simple, authentic videos on TikTok. Contact startups, offer a risk-free proposal where payment is contingent on results, and use the resulting testimonials to attract more clients.
Side Hustle 5
The fifth side hustle is creating niche newsletters, focusing on sharing insights and tips on a specific topic rather than promotional content. Examples include Nicholas Cole's newsletter with 75,000 subscribers and Rundown AI with a million subscribers. Newsletters can be monetised through sponsorships, paid subscriptions, and selling products. For websites selling products, a ".duster" domain is recommended for increased visibility. A newsletter with 1,000 engaged subscribers can earn $500 to $1,000 a month from ad spots, while 10,000 subscribers can generate $2,000 to $5,000 a month. Large newsletters can earn six to seven figures monthly. Kevin Van Trump's commodity newsletter, the Ventrum Report, makes $18 million per year from a $600 annual subscription. Morning Brew was started by college students, made money through sponsorships, and was sold for $75 million. Tools like ConvertKit and Beehiiv can be used to start a newsletter, with Beehiiv being free until 2,500 subscribers. Beehiiv offers features like automatic ad placement and a built-in referral program. AI tools like Perplexity AI and Claude can assist with research and writing. When choosing a niche, consider the three Rs: reach (a large enough audience), recurrence (solving a recurring problem), and revenue (easy monetisation).
