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Greet from the deep,

It’s Ole from the AI Solopreneur here - the only AI newsletter made specifically for solopreneurs.

Today, we’ll dive into how you can use ChatGPT to find unconventional monetization tactics to make more money.

Grab your goggles and let's d-d-d-d-dive in! 🤿

Introduction

This weekend, I was thinking about ways to monetize the AI Solopreneur.

Building the community is a lot of fun, and to make it sustainable, I also need to make a living off it.

But I don't (only) want to monetize the AI Soloprenuer like all the other newsletters do:

• Selling courses

• Paid community

• Newsletter ads

Rather, I wanted to come up with unconventional (more fun) ways to make a living from it.

So I once again turned to my most trusted advisor:

GPT-4.

I’ll share the results with you soon, but first:

Why should you even bother finding unique ways to monetize your business?

The Power of Creating a Unique Offer

Hammer this into your brain:

If you want to make money, don’t ever compete with someone else.

Why?

Because as soon as someone offers the exact same thing as you…

You’re competing on price.

This is a race to the bottom.

If you want:

• High margins

• Pricing power

• An edge on newcomers

Then…

You need to create a new market where you don’t compete with anyone.

This may sound more complicated than the name of Elon Musk’s baby, but in reality, creating a new market is about differentiating yourself.

There are multiple ways to do this, and getting into each would blow the scope of today’s newsletter.

But one way to create a competition-free market is to create a unique offer.

When your offer is unique, you have 100% market share and no competition.

The simplest example is this newsletter.

Why did you sign up for it?

Because it’s the only newsletter specifically about AI for solopreneurs.

= Unique offer.

This unique positioning was essential for my rapid growth from 0 to 79,000+ followers on Twitter in 8 weeks.

The trickiest part of creating unconventional offers:

Coming up with them.

This is where ChatGPT can help:

Prompt: How to Use ChatGPT to Find Unconventional Monetization Tactics

This prompt/tool helps you identify untapped monetization tactics so you can create a unique offer:

I need your advice with coming up with unconventional ways to monetize my business.

  

For context, [TELL CHATGPT AS MUCH AS POSSIBLE ABOUT YOUR CURRENT BUSINESS]
  

Most competitors monetize like this:

  
[LIST COMMON MONETIZATION METHODS / HOW YOUR COMPETITORS MONETIZE]

  

But I want to go in a more unconventional direction.


Come up with 10 unique, contrarian, ways to monetize my business.

I call it the “Monetization Magician”.

Here’s the advice it gave me:

Click here to continue this Prompt INSIDE ChatGPT

Wrap up

I went hiking to train my survival instincts (to practice for AGI takeover).

Result:

Burned my skin, forgot to take enough water and my car broke down.

It was still amazing.

Enjoy your weekend,

Keep diving,

Ole

P.S. I tried to keep this Deep Dive slightly shorter this time. Did you like the length? Please respond to this email and let me know.