Starting Business With AI in 2024

5 Business Ideas & Real Cases

👋 Hey, I’m Daniil, and welcome to a ✨ subscriber-only edition ✨ of Creators’ AI. Each week, we post AI Tutorials, News and practical knowledge aimed at improving your life with AI. To get full access to our content, consider upgrading.

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AI is NOT for Fun

It’s much more than just fun. You know how bullish we are about AI, and we believe AI can play a significant role in any sphere of our lives. It’s not only about ChatGPT giving a recipe for Curry Chicken 🍗 or generating images. It is a powerful tool and a big market for making businesses, improving existing ones, or learning life-changing skills. Here is my perspective as an AI founder and creator of Creators AI and a bunch of other AI projects.

In this post, we go through the following:

• Easy-to-slide-in Business model ideas with AI

• Real cases where AI is not just fun but also a market & product that generates revenue

• My personal experience of launching products related to AI

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Idea 1 💡 Create Content

Everyone has an interesting perspective on how AI may improve something or be valuable. That viewpoint may not be available to others (that’s UVP already). So, creating content may become a way to extract that value. And it’s worth trying to start sharing it.

For example, I have a unique perspective on AI for the eCommerce industry because I was working in it, on Fashion as I was building a fashion startup, and finally on Creators & Founders as I consider myself and have a connection to that community. This helped me build Creators AI and start writing content.

Actually, starting to publish content in discovery platforms (TikTok, Substack, LinkedIn, X) dont require an audience. Starting a newsletter may sound a bit more difficult, but it is a great place to launch and validate your content's value. In the end, choosing the content form and place to publish it - is very unique.

What can I do? You can bring an interesting perspective on using AI from your work, hobbies, studies, or personal life situations.

Cases:

1. Write with AI by

   Nicolas Cole
   - is a newsletter about using AI for writing. Nicolas is a Digital Writer and co-founder of the famous writing accountability project Ship 30 for 30. He saw a fantastic opportunity to combine his writing community expertise with AI. The result is a Paid Newsletter with 39,000 subscribers.

2. Educating AI by

   Nick Potkalitsky
   - is a newsletter about Generative AI in classrooms. PhD and English Teacher Nick started sharing his perspective on AI for teachers, parents, and educational workers. The newsletter has more than 1000 subscribers and good engagement rates.

Idea 2 💡 Create a Web Platform or Directory

Creating a website with valuable content for a specific group of people is easy and requires nothing but a weekend, and with SEO-optimized content, you can drive free traffic there. You can find tools in our posts on building projects with AI.

I have done it many times, and one of my recent projects, the GPT Academy, is designed to be a directory of AI Tools for consumers, which also works great for AI founders who want to promote their AI Apps.

This project took only a few evenings to design & develop. Since its launch, it has gotten many thousands of views per month organically and has generated a total of $5,000+ in passive income. Check our AI SEO Post to understand the SEO Game with AI Content.

Here is my framework to start a similar project:

1. Find a topic you like. (It should interest you and have some organic traffic) You can also use tools like Google Trends and Keywords Everywhere to validate other people's interests. We have a dedicated post about researching audiences with AI.

2. Design the Concept of MVP. What value can you provide in the simplest possible form?

   It could be a directory of other websites and services, or it could be a simple cheatsheet with useful AI prompts for {{your target audience}} or a database of valuable content for {{your target audience}}. Dont be stuck at this part, as you dont need to build an Amazon-like platform, just one simple value delivered as simply as possible.

3. Develop the MVP. Build your product using no-code tools like Softr, Bubble, Shopify, and Brevo. No one will judge your code or hack you after you launch. Check this Post and this story for inspiration on what can be achieved with different low-code and no-code tools.

4. Promote your Product. The simplest way is to allocate some budget for Paid Ads, go to Meta Ads Manager, and launch a few Ad campaigns. If you feel it is not what you want to spend money on, consider these platforms to launch: ProductHunt, Reddit, X. And dont forget to prepare your website for SEO Optimization.

Few Inspiring Cases:

1. PromptBase by Ben Stokes. Ben is a full-stack developer who is obsessed with building tiny side hustles. You can learn more about his project here. By now, his side hustle has grown to a platform with 500k Monthly Visitors and $100k Revenue.

   

   Building sidehustles or indie making is quite popular pattern and we have bunch of heroes in our newsletter who did that: Piter Levels, John Rush, Yasser Elsaid

Get AI Courses—by Anonymous Redditor. It’s a simple directory of AI courses—nothing complex or unique, but very useful! And I guess it has excellent SEO potential.

Idea 3 💡 Help businesses you know (Consulting or Agency)

Sometimes, I have a question: why create something new if there is already market validation ($$$) in other business models? And it is true. Taking something that works (especially if it has an established market and volume) is a more sustainable strategy with higher returns. Therefore, I would not skip applying AI capabilities to existing businesses.

Everyone has a founder friend or knows a community of SMB owners and entrepreneurs. They already have a business that generates value (money), and you have access to the decision-making level (which is crucial). So, if you want to apply your AI knowledge, what are you waiting for?

We already covered the topic of the AI Agencies Business Model, but I want to extract and add my own experience (as an agency owner) to the framework. Get Access to the framework & 2 other Ideas to Start an AI Business as a Paid Subscriber 🔓