Summary of "How to Get Rich With GPTs in 2024 | Complete Beginner's Guide (OpenAI Custom GPTs)"
Video Summary
The video titled "How to Get Rich With GPTs in 2024 | Complete Beginner's Guide" by Liam Otley discusses the newly launched GPT Store by OpenAI and presents a comprehensive guide for beginners on how to create and monetize Custom GPTs (AI agents). The video draws parallels between the current opportunity in the AI space and the early days of the App Store, emphasizing that the skills needed to create GPTs can be learned quickly, unlike traditional software development.
Main Financial Strategies and Business Trends
- Creation of Custom GPTs: The video highlights the potential for making money by developing unique and valuable GPTs tailored for specific tasks or industries.
- Market Demand: There is a significant shift in demand from traditional AI chatbots to AI agents that are more versatile and capable of performing complex tasks.
- Revenue Sharing Opportunities: OpenAI plans to implement a revenue-sharing model for GPT creators, although details are still pending.
- Growing AI Agent Market: The video stresses that AI agent creation will be a highly sought-after skill in 2024 and beyond, with numerous businesses needing these solutions.
- Marketing Strategies: Effective marketing through social media and content creation is crucial for gaining visibility and user engagement for the GPTs.
Methodology/Step-by-Step Guide
The video is structured into three main chapters:
- Foundation:
- Understanding what GPTs are and their potential.
- Identifying common pitfalls and dangers in becoming a GPT creator.
- Skills Development:
- Market Research and Use Case Identification: Understand user needs and identify valuable use cases.
- Data Sourcing, Preparation, and Curation: Learn to find and prepare valuable data for GPTs.
- Prompt Engineering: Master the art of writing effective prompts to enhance GPT outputs.
- Tool Creation: Develop custom actions and tools that enable GPTs to perform specific functions.
- GPT marketing: Strategies for effectively promoting your GPTs to gain users.
- Creation:
- Step-by-step walkthrough of creating a GPT, including setting up the knowledge base, prompts, and actions.
- How to deploy the GPT to different platforms, including websites and messaging apps.
Action Steps
- Subscribe to the channel for more insights.
- Research use cases for GPTs and identify potential niches.
- Create and experiment with different GPTs.
- Build a personal brand and audience on social media.
- Explore deployment options for GPTs to increase income.
Presenters/Sources
- Liam Otley: Founder of Morningside AI and an experienced AI agency owner.
- OpenAI: Source of the GPT technology and the newly launched GPT Store.
Category
Business and Finance
