How To Get Rich With GPTs

OpenAI recently announced the launch of the GPT Store 🥳

That’s basically an app store for ChatGPT, where anyone can create their own apps that enhance ChatGPT’s functionality.

Simple example: there’s a GPT called YouChat that lets you chat with any YouTube video 💬

(Note that ChatGPT Plus is required to build your own GPTs and use those created by others. That costs $20/month.)

Here’s an 81-minute video from Liam Ottley breaking down the significance of the GPT Store and showing how you’ll soon be able to make money from it 👇

• How to Get Rich With GPTs | Complete Beginner’s Guide (OpenAI Custom GPTs)…

Liam says in the video… 

Looking back to 2008, when Apple unleashed their App Store, only those with app development skills got a slice of the millions the App Store generated.

The difference for us today is that the skills required to create for the GPT store and start making money can be learned in an hour or two, rather than 3 years of software engineering at college.

GPTs can’t actually be monetized yet, but OpenAI plans to launch a “builder revenue program in Q1. So hopefully within the next few weeks 🤞

Liam again…

Since there’s going to be tens of thousands of people rushing to this new opportunity, the challenge is not knowing how to create GPTs, but how to create actually valuable GPTs that will stand out from the competition.

Liam lists 5 skills you’ll need to accomplish this…

• Market Research and Use Case Identification
• Data Sourcing, Preparation, and Curation.
• Prompt Engineering
• Developing tools that enable your GPT to perform functions.
• Marketing

In the same video, he goes on to create a “stock investing assistant, based on the wisdom of Charlie Munger,” showing every step along the way 👀

He also shows how you can take your GPTs out of the GPT Store and use them as chatbots or apps inside of Slack, WhatsApp, etc.

To give you a better sense of what’s possible here, here’s another GPT that blew my mind 👇

Grimoire is “a GPT coding wizard” created by Nick Dobos, a former Twitter engineer.

Examples of use:

• Pencil sketch + scribble = website
• Speech to text app
• Easily generate professional invoices

Someone tweeted…

I’ve been using the GPT Grimoire… which is incredible… I’ve been relearning Ruby on Rails with it as a teacher and it’s been phenomenal.

While creating and monetizing your own GPTs sounds awesome, I reckon the fastest way to make money here is to become a GPT creator for hire 😎

In other words: help businesses create their own GPTs to increase productivity.

Or even just show them how to use existing GPTs, set all that up for them.

Check out OpenGPT.com for inspiration, lots of crazy GPTs listed there 🤯

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