A real test of AI money-making dreams.
People doubt AI can spark real cash flow. They think it’s just hype. But I built a side hustle with ChatGPT that brought in steady income. Let me share my story. I spotted a gap in the market for quick market reports on local trends for small shops. Owners need data but lack time. ChatGPT helped me turn that need into a service that paid off fast.
Section 1: Ideation and Validation: Finding the Profitable Niche with AI
Identifying Market Gaps Through AI Analysis
I started with ChatGPT-4 to brainstorm ideas. I asked it to list niches where small businesses struggle. It suggested things like local market insights for shops. I refined prompts step by step. One prompt: “Give me underserved areas in retail data for mom-and-pop stores.” The AI spat out ideas on foot traffic trends and customer habits. This cut my research time from days to hours. I picked local market reports because demand seemed high but supply low.
