How to Make Money Using Midjourney ($100/Hour Side Hustle)

Alek
24 Feb 202310:19

TLDRThis video outlines a side hustle using AI art generation tools like Midjourney to earn over $100/hour. It highlights the growing demand for AI services on platforms like Fiverr, where freelancers offer AI art creation. The presenter explores the business model, potential earnings, and sets up a Fiverr gig to demonstrate the process. The video suggests that with the right prompts and a Discord account for Midjourney, anyone can potentially generate income from AI art.

Takeaways

  • πŸ’‘ AI services are becoming increasingly popular and can be monetized for significant earnings.
  • πŸš€ AI tools like Midjourney, Stable Diffusion, and Dali are being used to generate art from text prompts.
  • 🌐 Fiverr has created a dedicated section for AI services, offering a platform for freelancers to sell their AI-generated art.
  • πŸ’Ό The business model involves setting up gigs on Fiverr, where artists can sell their AI-generated images for a fee.
  • πŸ’° AI artists using Midjourney on Fiverr are reportedly earning more than those using other tools like Dali or Stable Diffusion.
  • πŸ“ˆ The potential earnings from AI art gigs on Fiverr can range from a few hundred to several thousand dollars per month.
  • πŸ”‘ Starting with AI art as a side hustle requires little to no upfront investment, making it an accessible option.
  • πŸ’» To get started, one needs a Discord account to access the Midjourney bot and generate images.
  • πŸ“Š The success of AI art gigs on Fiverr can vary, but some artists have hundreds of reviews and multiple orders queued.
  • πŸ“ˆ The video suggests that with practice, one can generate high-quality images quickly, potentially earning a substantial hourly rate.
  • πŸ”— The presenter plans to create their own Fiverr gig to demonstrate the process and will share the results in a follow-up video.

Q & A

  • What is the potential earning for using AI services like Midjourney?

    -People are making over a hundred dollars an hour by monetizing AI services, particularly selling AI-generated art.

  • How has AI popularity grown in recent times?

    -AI has exploded in popularity, with examples like Chat GPT reaching 1 million users in five days and over a hundred million users in two months.

  • What is the significance of Fiverr opening up an AI Services section?

    -Fiverr's new AI Services section signifies the formal recognition and commercialization of AI tools, allowing freelancers to offer AI-related services for sale.

  • What types of AI services are listed on Fiverr?

    -The AI services on Fiverr are categorized into application development, art, AI models, music videos, fact checking, and content editing.

  • Why is Midjourney considered an easy-to-use AI tool for image generation?

    -Midjourney is considered easy to use because of its user-friendly interface and the high quality of images it generates based on text prompts.

  • How much can one potentially earn from a single Fiverr gig?

    -A single Fiverr gig can earn between $160 and $800, depending on the baseline charge and the number of orders in queue.

  • What is the earning potential for AI artists on Fiverr?

    -AI artists using platforms like Midjourney on Fiverr can potentially earn between $1280 to $4160 or more from a single gig.

  • What is the process of setting up a Fiverr gig?

    -To set up a Fiverr gig, one needs to sign up as a seller, create a gig listing with a description and images, set a price, and wait for orders.

  • What is the cost of using Midjourney for commercial purposes?

    -The recommended plan for Midjourney that includes commercial rights to generated images costs about thirty dollars.

  • How does the Fiverr gig model differ from other AI money-making methods?

    -The Fiverr gig model involves direct payment for time spent working on orders, as opposed to listing products and waiting for sales.

  • What are some strategies for maximizing visibility and sales on Fiverr?

    -Strategies include offering a variety of gig types, using high-quality images in listings, and setting competitive prices based on market research.

Outlines

00:00

πŸš€ Leveraging AI for High-Earning Side Hustles

The paragraph discusses the potential for individuals to earn significant income by monetizing AI services, specifically by selling AI-generated art. It highlights the rapid growth of AI tools like Chat GPT and the opportunities presented by platforms like Fiverr, which now includes an entire section dedicated to AI services. The speaker plans to demonstrate setting up a Fiverr gig from scratch, aiming to capitalize on the popularity of AI tools like mid-journey for image generation. The paragraph also touches on the earning potential of other AI services, such as coding and content creation, and suggests that with the right approach and use of AI tools, it's possible to make over a hundred dollars an hour.

05:00

🎨 Earning through AI Art on Fiverr

This paragraph delves into the specifics of earning money by selling AI-generated art on Fiverr. It mentions the different types of AI art services available and the earning potential of artists using tools like mid-journey, stable diffusion, and Dolly. The speaker provides examples of successful gigs, including one with over a hundred reviews and earnings ranging from $1280 to $4160. The paragraph emphasizes the efficiency and profitability of using AI for creating art, suggesting that with practice, one can generate high-quality images quickly and earn a substantial hourly rate. It also outlines the process of setting up a Fiverr account and listing a gig, including the use of the mid-journey bot for image generation and the potential to earn commercial rights to the images created.

10:01

🌐 Expanding AI Services Beyond Fiverr

The final paragraph of the script briefly mentions the potential to offer AI services on other platforms beyond Fiverr, such as People Per Hour. It suggests that even without prior experience, it's possible to earn money through AI services, as evidenced by the high攢费标准 on these platforms. The speaker reflects on the ease of setting up a gig on Fiverr and the potential for passive income, concluding that the business model presents low risk and high reward. The paragraph ends with a call to action for viewers to explore other AI art money-making methods discussed in previous videos and to engage with the content by liking, commenting, and subscribing.

Mindmap

Keywords

πŸ’‘Midjourney

Midjourney is an AI tool that specializes in generating images based on textual prompts. In the context of the video, it is highlighted as a platform that artists and freelancers can use to create unique artwork that can be sold for profit. The video mentions that artists using Midjourney on platforms like Fiverr are making significant earnings, indicating the tool's potential for monetization.

πŸ’‘AI Services

AI Services refer to the various tasks and functions that artificial intelligence can perform, such as generating art, writing, or fact-checking. The video discusses how Fiverr has created a section for AI Services, indicating a growing market for AI-based freelance work. This includes using AI tools like Midjourney, stable diffusion, and chat GPT to offer services that were not possible before the rise of AI.

πŸ’‘Fiverr

Fiverr is an online marketplace where freelancers can offer their services, known as 'gigs,' to clients around the world. In the video, it is mentioned that Fiverr has opened a section specifically for AI Services, allowing users to sell AI-generated art and other AI-based services. The platform is used as an example of how individuals can monetize their skills in using AI tools like Midjourney.

πŸ’‘Stable Diffusion

Stable Diffusion is another AI tool mentioned in the video that generates images from text prompts, similar to Midjourney. It is part of a growing category of AI art generators that are being used by artists to create and sell digital art. The video suggests that while Midjourney artists might be earning more on Fiverr, Stable Diffusion is also a viable option for those looking to get into AI art generation.

πŸ’‘Monetize

To monetize, in the context of the video, means to convert a non-revenue-generating activity into a profit-making one. The video's central theme revolves around monetizing AI services, specifically by using AI tools to create art and then selling that art on platforms like Fiverr. It provides examples of how individuals are making a significant income by monetizing their AI-generated artwork.

πŸ’‘Freelancers

Freelancers are independent workers who offer services to clients, typically on a contract basis. The video discusses how freelancers are using AI tools to offer new services, such as AI-generated art, through platforms like Fiverr. This represents a shift in the types of services freelancers can offer due to advancements in AI technology.

πŸ’‘Gigs

On Fiverr, a 'gig' is a service that a freelancer offers for sale. The video explains that with the advent of AI tools, new types of gigs have emerged, such as those offering AI-generated art. The term is used to describe the individual services that freelancers list on Fiverr, which clients can purchase.

πŸ’‘Prompt

In the context of AI art generation, a 'prompt' is a text input that AI tools use to create images. The video discusses how users can input a single line of text into AI tools like Midjourney to generate images, making art creation more accessible and efficient. The prompt is the user's direction to the AI, guiding the type of image that will be produced.

πŸ’‘Discord

Discord is a communication platform mentioned in the video as a necessary step to access the Midjourney AI tool. Users need to join the Midjourney server on Discord to start generating images, indicating that Discord serves as a hub for accessing and using AI art generation services.

πŸ’‘Commercial Rights

Commercial rights refer to the legal permissions to use a product, in this case, AI-generated images, for business purposes. The video mentions that to have commercial rights to images generated by Midjourney, users may need to upgrade to a paid plan. This is important for freelancers who intend to sell the AI-generated art they create.

Highlights

People are making over $100 an hour by monetizing AI services.

AI's popularity is exploding, with ChatGPT reaching 1 million users in five days.

AI is becoming a permanent part of various industries.

AI tools are being used in daily work, such as writing scripts.

Fiverr has an entire section for AI Services.

Freelancers are making significant money with AI gigs on Fiverr.

AI tools like Midjourney, Stable Diffusion, and Dali generate images from text.

Midjourney is considered the easiest AI for image generation.

AI artists on Fiverr are getting paid more than those using other tools.

Examples of images created using Midjourney AI are shown.

AI services on Fiverr range from application development to content editing.

Some gigs on Fiverr charge between $40 to $200 per service.

AI artists can make between $75 to $260 per hour for their work.

AI-generated art can be produced quickly, potentially increasing hourly earnings.

One seller made between $10,880 to $26,830 from two similar gigs.

People Per Hour also lists AI services with high charges.

To start, one needs a Discord account to access the Midjourney bot.

Midjourney is free initially, but a paid plan is needed for commercial use.

Setting up a Fiverr account is straightforward and requires personal information.

The presenter plans to create their own Fiverr gig to test the market.

Using AI tools like ChatGPT can help write titles and descriptions for gigs.

The presenter will monitor the success of their gig in a follow-up video.

This side hustle has low time and financial risk with potential for high returns.