Is it time to start... The #AI powered side hustle. If so what is the BIG idea?
Dan S?dergren
Inspirational professional keynote speaker / trainer and author about the #FutureOfWork, #Technology and #AI Hire Dan as an inspirational #keynotespeaker / corporate trainer or as your private workshop provider.
Inspired by a couple of people on the internet and by the new power of #GPT4 I decided to let the machine become the CEO of my new idea. A pure side hustle business.
The idea for the business is even yet to be chosen. And to be chosen with ChatGPT as my co pilot. (Microsoft pun intended.)
And this idea generation and choosing of the idea is the subject of this first blog.
IT'S TIME TO START...
As some of you will know. It was my birthday on 14th - the same day GPT4 came out and the same birthday as Albert Einstein!
Who continually talked about time. And time...
Time is my only constraint.
(Ok and money as I only have ￡1000 to invest in this)
But time is my main one. As I have my full time job with www.YourFLOCK.co.uk the employee feedback platform. And my daughter, and friends and family. And a lovely life that I don't want to sacrifice for money. Or extra money...
So the first prompt I had to give GPT4 was around coming up with ideas for a new side hustle business. Where I only have 5 or 6 hours a week to make it successful.
And from past experience, I knew (as just wrote a book on how to do it) that the prompt you use for the AI are very important too. And that getting the machine to imagine it is something first - gives you better answers so...
THE PROMPT.
"Imagine you are a startup CEO with years of experience and have successfully started companies that made millions of pounds. Advise a new business person looking to make the most profitable business they can with ￡1000 to invest and 6 hours of work a week. Explain what business you would start and why. And then three steps for them to take today. Give them 3 different business ideas."
THE ANSWER:
"Idea 1: Print on Demand Merchandise Store
Why: Print on demand services require minimal upfront investment while providing a wide catalog of customizable products. With six hours of work per week, you can focus on designs and promotion to make it a profitable venture.
Three steps to take today:
Idea 2: Affiliate Marketing
Why: As an affiliate marketer, you don't need to create your own products or handle customer service. With your ￡1000, you can focus on creating a content platform and promoting products or services for a commission.
Three steps to take today:
Idea 3: Event and Holiday Planning Service
Why: Event planning is a scalable business that works well even with limited initial resources. Offering tailored event planning services allows you to add a personal touch while building a network and reputation over time.
Three steps to take today:
Remember, all three ideas work well with limited time and investment, but your passion, expertise, and dedication will determine the business's success. Focus on delighting customers and providing a unique, high-quality value proposition."
I didn't like those - so I asked again...
30 seconds later... 3 more ideas. But actually only 2 new ones really. But that was more that I didn't ask for new ideas...
The ideas were...
1. Virtual Assistant Services:
Offer administrative support services to businesses and entrepreneurs remotely, such as managing emails, scheduling appointments, or assisting with research.
Why: The demand for virtual assistance is growing as businesses seek cost-effective administrative support solutions.
2. Blogging and Affiliate Marketing:
Create a blog and generate income through affiliate marketing, sponsored content, or advertisements.
Why: Minimal upfront investment and potential for passive income generation.
3. Content Creation and Selling Digital Products:
Create and sell digital products like e-books, online courses, or graphic designs.
Why: Low overhead costs and scalability, as digital products can be produced and distributed with minimal physical resources.
Conclusion:
Select a business idea that best suits your strengths and interests, while remaining conscious of market demand. Continuously review your progress and adapt your strategies according to the evolving needs of the market. Good luck with your entrepreneurial journey!
Remember all these ideas come from GPT4 - not me...
NOW THIS GOT ME TO THINKING.
That these generic business ideas - are not only things I have tried before - but also things the machine is suggesting to others. So I had a brainwave. (Something the AI can't have yet...) What if the machine knew me a bit better - could it come up with ideas more catered for me?
Not necessarily linked into my values and motivations (but that's not a bad idea for Your FLOCK ) but could it not find out more about from the internet and from my social media presence and THEN give me new business ideas...
The scary thing is that ----- it can. Or can it?
THE PROMPT.
"Imagine you are a skilled business adviser and CEO who has made millions of pounds in profit and had many successful businesses. Considering my background in marketing and looking at my website www.dansodergren.com and Dan Sodergren on twitter and LinkedIn. Suggest 3 to 5 highly profitable business ideas requiring an initial investment of no more than ￡1000 and a work commitment of 6 hours per week."
THE ANSWER.?
1. Marketing Consultancy for Startups:
Leverage your vast experience in marketing and digital transformation to provide consulting services to startup businesses. You can help startups develop their marketing strategy, create a digital presence, and execute campaigns to generate leads and increase sales.
2. Online Marketing Training / Courses:
Transform your expertise and knowledge into a series of online courses or training modules covering various relevant topics such as digital marketing, content creation, SEO optimization, social media management, and more. You can create and sell these courses on platforms like Teachable or Udemy or through your website using membership plans.
3. Remote Speaking and Webinar Services:
As a seasoned professional speaker, you can host speaking sessions, webinars, or workshops covering topics like marketing, innovation, and digital transformation specific to industry sectors or niches. Offer these sessions to businesses, organizations, and educational institutions and charge them per event or on a subscription basis.
4. Niche Content Marketing Agency:
Create a digital agency specializing in a specific niche, such as tech startups, where your expertise lies. Offer content marketing services that? include blog writing, social media management, and email marketing geared towards a target market, allowing you to become a go-to resource for clients in that niche, thus commanding higher fees for specialized services.
5. Marketing Tool or Platform:
Develop a marketing tool, app, or software that fulfills a need in the industry by addressing a specific challenge or improving a process. License or sell the product as a subscription service to clients, combining your marketing expertise with the need for a valuable tool among marketers and businesses.
Remember all these ideas come from GPT4 - not me...
But full transparency - I have done a few of these ideas in my time :) So after an hour or so of different prompts. I look at a lot of the ideas. And I am seeing a pattern. It keeps saying go for digital products. And to be honest, with you with the limited time I have - I concur. So I ask it something different... As ask...
领英推荐
THE PROMPT.
Looking at the work and social media presence of Dan Sodergren on Www.dansodergren.com and on twitter and LinkedIn. Which niche area should he go for these digital products?
ANSWER?
I've reviewed Dan Sodergren's website, Twitter, and LinkedIn profiles. Based on the information provided, Dan possesses a wealth of experience and knowledge in the digital marketing, technology, and communication Industries. Based on his expertise and background, I recommend that Dan focuses on the following niche areas for digital products:
1. Digital Marketing and Growth Hacking:?
Dan's deep understanding of digital marketing makes him a valuable resource for individuals and businesses wishing to boost their online presence, grow their audience, or improve their marketing strategies. Digital products like e-books or online courses on growth hacking techniques, SEO, content marketing, or social media strategies could be highly successful for Dan.
2. Emerging Technologies and Industry Trends:?
Dan's familiarity with the technology industry provides him with the ability to create highly engaging content on emerging technologies like AI, machine learning, and automation. Digital products centered on understanding these technologies and leveraging them for business growth can cater to the growing interest in these fields.
3. Public Speaking and Communication:?
With Dan's experience as a TEDx speaker and in various communication roles, he is well-equipped to create digital products like e-books or online courses on effective public speaking, presentation skills, or personal branding. These offerings could help individuals enhance their communication skills and foster their professional development.
Conclusion:
Dan should consider the target audience and market demand for each niche before deciding on the right niche area for his digital products. Additionally, conducting thorough market research and assessing competition could prove beneficial in refining the niche selection further."
Very true.
So I now have a couple of polls on LinkedIn and Twitter doing that market research for me...
On Twitter - and we have those results.
But this is the scary thing. Which maybe the machine knows...
I already have some digital products out there.
One of them is...
So...
Now my last question for the day was to be about marketing.
As we now know that the new AI side hustle idea might be in:
Content Creation and Selling Digital Products
So my prompt is...
THE PROMPT.
"Imagine you are a startup CEO and marketing person with years of experience and have successfully started companies that have made millions of pounds. You are now the business mentor of Dan Sodergren. Considering his background in marketing and technology, using www.dansodergren.com and the information available freely about Dan Sodergren on the internet and social media like on:? www.dansodergren.com on Twitter https://twitter.com/dansodergren and on LinkedIn https://uk.linkedin.com/in/dan-sodergren-futureofwork. And anywhere else on the Internet and YouTube etc.?Suggest 5 new brand names for his new business which you suggested which is in the?Content Creation and Selling Digital Products sector."
ANSWER?
Considering Dan Sodergren's background in marketing and technology, as well as his personal brand, here are five brand name suggestions for a new content creation and selling digital products business:
These names aim to reflect Dan Sodergren's expertise while emphasizing the innovative nature of the content creation and digital product-selling sector.?Each brand name creates a distinct identity that resonates with potential clients and positions the brand as a leader in the dynamic and highly competitive market.
My semi-conclusion.
I don't know what you think about this last bit. But personally this is where the machine hasn't been that creative. Maybe it's because I have done marketing for a while. Or it's because it was a crap brief (and so my fault) but the ideas here aren't as strong as it's business advice.
I truly believe that was due the weakness of the prompt
And so....
My finally prompt of the day was....
THE PROMPT.
"Imagine you are a super AI prompt writer that gets the best out of Gpt4. What would be the best actual prompts you advise that someone could use. To help them start their own super profitable business with less than ￡1000 and 6 hours a week. Using gpt4 as their business adviser and coach.?Write down the prompts as prompts they will use in a way that gets the most useful answers from AI to help their goal to create as much profit as possible from their time and resources. By phrasing the prompts in a more specific and detailed manner, you can expect to get more useful and actionable advice from the AI for their business ambitions..."
ANSWER?(WITH BITS IN CAPS I ADDED AND EDITED 1.)
1. "Considering my background in marketing and technology, using www.dansodergren.com and the information available freely about Dan Sodergren on the internet and social media. Suggest 3 to 5 highly profitable business ideas requiring an initial investment of no more than ￡1000 and a work commitment of 6 hours per week. Give them all different brand names.”
DONE IN SESSION ONE.
2.. "Detail a step-by-step launch plan for [chosen business idea], focusing on validation, market research, setup, and required resources, given a ￡1000 budget and a 6-hour weekly time commitment."
TO BE DONE IN SESSION TWO.
3. "Develop a targeted digital marketing strategy using social media, content marketing, and email marketing, specifically for a [chosen business idea] on a tight budget and limited to 6 hours of work per week."
TO BE DONE IN SESSION THREE.
4. "Create an effective 6-hour weekly schedule, broken down into daily tasks for [chosen business idea], to maximize productivity and profitability while maintaining my work-life balance."
TO BE DONE IN SESSION FOUR.
5. "For my ￡1000 budget, 6-hour per week business, identify the top 3 time- consuming tasks and recommend appropriate automation, outsourcing, or streamlining solutions to optimize efficiency."
TO BE DONE IN SESSION FIVE.
6. "Provide a comprehensive plan to forge meaningful partnerships or collaborations within the [industry/target market] to scale my [chosen business idea] with a ￡1000 budget and 6-hour weekly commitment."
TO BE DONE IN SESSION SIX.
7. "Outline a customer-centric pricing and sales strategy that maximizes profits, enhances customer acquisition, and fosters customer retention for my [chosen business idea] within my budget and time constraints."
TO BE DONE YOU GET THE IDEA
8. "Curate a collection of 5 essential and cost-effective tools or resources to efficiently manage, automate, and grow my [chosen business idea] under limited budget and time circumstances."
TO BE DONE YOU GET THE IDEA
9. "Assess the top 3 risks and challenges specific to [chosen business idea] within a ￡1000 investment and 6-hour weekly commitment, and deliver feasible solutions or mitigations."
TO BE DONE YOU GET THE IDEA
10. "Identify 3 key personal and professional development opportunities, such as online courses, mentorship programs, or industry-specific networking events that fit my budget and time constraints, and offer tangible benefits to my [chosen business idea]."
TO BE DONE YOU GET THE IDEA
My Conclusion.
It's gonna be interesting and fun to see where this bot takes me. But in a 4 hour session whilst also learning about prompts and setting the whole thing up. The machine has given me:
This is truly an amazing piece of technology. Let's see where it takes us. I am willing to bet ￡1000 that this idea makes more than just money...
Inspirational professional keynote speaker / trainer and author about the #FutureOfWork, #Technology and #AI Hire Dan as an inspirational #keynotespeaker / corporate trainer or as your private workshop provider.
11 个月Janine Atkin
Inspirational professional keynote speaker / trainer and author about the #FutureOfWork, #Technology and #AI Hire Dan as an inspirational #keynotespeaker / corporate trainer or as your private workshop provider.
1 年Session 2 is here - https://www.dhirubhai.net/posts/dan-sodergren-futureofwork_ai-gpt4-business-activity-7046167842370502656-158p?utm_source=share&utm_medium=member_desktop
Inspirational professional keynote speaker / trainer and author about the #FutureOfWork, #Technology and #AI Hire Dan as an inspirational #keynotespeaker / corporate trainer or as your private workshop provider.
1 年This is what I was talking about today David Bozward