Here’s how to start up 6 figure passive income business in 2024.
I this is one of the best and easiest side hustles you could start this year. From getting the ideas, leveraging AI (ChatGPT and MidJoureny) I cover everything from start to finish. The shops I talk about in this video are making $10,000 to $33,000 a month in passive income PROFIT from selling this kind of art. Thanks for watching!
⌲ Quick-Start Guide: https://www.sixfigurestorefront.com/quickstart
⌲ Free Resources: https://aleksheffield.com
⌲ Course: https://sixfigurestorefront.com
0:00 – Intro
0:37 – Process Overview
1:14 – Monetization & Potential Profit
3:56 – Product Research
5:23 – Setup & Organization
6:25 – Making Images that SELL
9:14 – The BEST Image Strategy
11:35 – Resizing Images
12:48 – BEFORE Listing for Sale
14:34 – The PDF
15:26 – Scaling to 6 & 7 Figures
Starting a six-figure passive income business in 2024 can be achieved through leveraging AI technology like ChatGPT and MidJourney to create digital art for sale. These shops selling AI digital download art are making significant profits, ranging from $10,000 to $33,000 per month in passive income. The process involves generating images using AI prompts, resizing them into popular aspect ratios, creating professional mockups, and then listing them for sale on platforms like Etsy.
Researching successful shops, analyzing their strategies, and understanding what sells can help in creating high-demand artwork. Using platforms like Printify for print-on-demand services can also expand the business by offering physical prints to customers. This not only simplifies the process but also allows for scaling the business to six and seven figures in revenue.
By following a structured approach, utilizing AI tools effectively, and optimizing sales strategies, it is possible to establish a profitable passive income business in the digital art niche. With access to free resources and discounts, starting this venture becomes more accessible and achievable for aspiring entrepreneurs.
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Comments (25)
@drivethrupoetsays:
March 11, 2024 at 11:40 pmIt is truly shocking that people are buying hires files only at such a rate.
@dealerinhopesays:
March 11, 2024 at 11:40 pmThank you, I really appreciate your work. You are an inspiration. Best wishes from England.
@user-ih2fq1ck2qsays:
March 11, 2024 at 11:40 pmThis video sent me down a rabbit hole of creativity which then got my friends excited to use it too
@lauraj6579says:
March 11, 2024 at 11:40 pmhahaha " SALES " why did you have to put a robot over what you said?
@DjMickeyC1says:
March 11, 2024 at 11:40 pmHi, loving this video m8, been trying this out for about 6 weekend, doing research on allora and making art that gets sales, making mockups using canva and using chatgpt to get more creative painting prompts. Opening my Etsy shop later on tonight 😊
@casianturcut1550says:
March 11, 2024 at 11:40 pmnah fam but how tf did you get those mockups right, cause my trials were absolutely horrible
@tiagoalexandre4691says:
March 11, 2024 at 11:40 pmHi Alek. Big fan, but still didn't setup my shop. I think I need to take some holidays and full-on work on it. A few questions, if I may, which you or the community surely have the answer.
– You mention Midjourney, I understand that it has more options than others, however is there a difference in image quality between Midjourney and let's say DALL-E?
– How does one deal with possible copywriter infringements? Let's say one creates inadvertently an image very similar to another item of another seller. Is there a way to prevent that?
– You mention the Google Drive link for the buyer to download the item. However, how does one control access? Does GDrive has a feature for a "one-time only" link?
– More related to physical objects, like the mugs, how is the procedure for returns, in case the seller is not satisfied? Being that the service is provided by a third party, like Shopify, how would that work?
Thank you so much for your insight and keep creating content. We appreciate it!
@rinowensays:
March 11, 2024 at 11:40 pmI’ve been following these kinds of videos for so long now and always stop at some point during the beginning of the process out of laziness or fear, most likely- I seriously need to stop complaining about my finances and circumstances because this caters to so many of my excuses. I feel like the comment section seems friendly and accountable enough by glancing over just now.
Ahhh, time to get stuff done for myself… so if anyone wants to check in and someone to reciprocate that to light a spark and get moving, feel free to let me know!!
@jessechaloux3373says:
March 11, 2024 at 11:40 pmone thing that I don't get is how do people get the picture? probably dumb question but ive never been good with tech.
@tjmfs1981says:
March 11, 2024 at 11:40 pmAlek, the adobe link on your website is broken.
@salvaxdarkhero2179says:
March 11, 2024 at 11:40 pmAight, for the next 6 months imma do this
@MrJayspeakssays:
March 11, 2024 at 11:40 pmHow much are they spending on advertising?😂
@julzhotti5466says:
March 11, 2024 at 11:40 pmI have digitally designed so much original unique artwork for 6 yrs, trying to sell my artwork on products has proven fruitless for me.
It's been a total waste of time.
@PeterKeuneVideossays:
March 11, 2024 at 11:40 pm@6:39 i do /imagine but it asks me for a subscription. there isnt a free trial due to high demand.
@happysquirrel5858says:
March 11, 2024 at 11:40 pmIf I find a image on mid-journey, can I just use them without any re-prompt?
@10aDowningStreetsays:
March 11, 2024 at 11:40 pm[posted this as a reply but more appropriate as a comment] After thousands of hours learning and trying out side hustles similar to this here's my opinion.
When you see any side hustle online it's already saturated, and this is the reason the content creator is sharing it. You're going into a gold mine that has already been mined, sure you'll find crumbs, a lucky few will find a nugget missed by everyone else.
If you have an abundance of free time, live with parents, retired, minimal commitments such things can be a good way to earn some pocket money, if you need to work full time hours to support a family/yourself I wouldn't waste time – get a second job. If you don't thoroughly enjoy the creative aspect you won't last, period.
If you go ahead, be prepared for lots of failure, it's a numbers game, you make 1000 designs and you'll likely create a few that will keep some money coming in for a while, the rest are worthless, copycats will come along and imitate you and your sales will drop off and fizzle out. Passive income isn't as passive as you might think. It's a slow treadmill.
Almost nobody is going to get rich doing this, very, very few will make a living, many will invest a LOT of time and be disheartened into quitting (sometimes that's the sensible option), some will make enough to cover a car payment, or grocery shopping for a few years.
@simpleemindsays:
March 11, 2024 at 11:40 pmHi,
I am struggling to resize the horizontal art. When I resize it to 5×7, the art stretched vertically. How do I resize the landscaped art by 5×7?
@steamynoodles507says:
March 11, 2024 at 11:40 pmyay! let's oversaturate the art market with AI art! yay!
@yutamatsumoto7234says:
March 11, 2024 at 11:40 pmThank you for the tutorial !
How do you offer different aspect ratio using preview like shown in the video? If I change the ratio the images get skewed. I would greatly appreciate it if you could help me on this.
@calvinrosario8343says:
March 11, 2024 at 11:40 pmThank you so much for your videos! it has been such an inspiration to me. I have a question tho, should you stick to one style? or would it also be a good idea to work with multiple styles?
@lammaerb7867says:
March 11, 2024 at 11:40 pmOpened the shop, Started to upload my first arts, followed the Etsy shop open procedure, I made the connection with bank account, gave my proper personal info backed by my ID card copy…
3 days later, I got a suspension with no details.
No warning, no explanation, I just got suspended. Tried to pledge, in 10 minutes they responded that "after careful consideration", the ban is final, no explanation offered.
Anyone had similar experience?
@TheSkandranonsays:
March 11, 2024 at 11:40 pmOMG!! The picture of wheat on the bottom left corner at 9:00 is one of my pictures!! lol
@1notoriousnomadsays:
March 11, 2024 at 11:40 pmHey everyone! Can anyone answer why a buyer would want just a downloadable print? How do they print it out themselves into something high quality enough to hang on a wall?
@bradj9545says:
March 11, 2024 at 11:40 pmDid you offer a discount code for MidJourney?
@user-hu9bd4ez1msays:
March 11, 2024 at 11:40 pmWILD – only one month ago and now demand is so much you aren't even allowed a free trial anymore at all with Midjourney