Best New & Profitable AI Business Ideas to Start if You’re BROKE

BossThinkingMedia
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10 min readSep 19, 2023

Are you looking for the best and most profitable AI business ideas to start, but don’t have a lot of money to invest? Don’t worry; you can still get started with some of the best AI business ideas around.

From selling contracts on Fiverr using WriteSonic or ChatGPT to creating a monetizable cash cow blog using Content at Scale, or digital product dropshipping, there are lots of ways to make money with these AI business ideas even if you’re broke.

Here are 5 Best Untapped AI Businesses To Kickstart Right Now!

In this article, we’ll go over some of the best and most profitable AI business ideas you can start today.

Selling contracts on Fiverr using WriteSonic or ChatGPT

If you’re looking for an innovative and profitable AI business idea to start, selling contracts on Fiverr using WriteSonic or ChatGPT might be just what you need. With the rise of AI technology and its capabilities, there are now incredible opportunities for individuals to leverage this technology to generate income, even if they don’t have a lot of money to invest upfront.

In 2023, AI business ideas are expected to flourish and evolve, providing unique ways for entrepreneurs to enter the market. One of the most exciting opportunities lies in leveraging AI-powered platforms like WriteSonic or ChatGPT to sell contracts on popular freelancing platforms like Fiverr.

So, how does it work? Well, both WriteSonic and ChatGPT are cutting-edge AI models that have been trained to generate high-quality content in various formats. By utilizing these AI models, you can create contracts, proposals, or any other type of written content that businesses or individuals might need. This means you can offer your services as a contract writer on platforms like Fiverr and provide clients with well-crafted, professional documents.

Photo by Cytonn Photography on Unsplash

The beauty of this AI-powered business idea is that it requires minimal investment. You don’t need expensive equipment or software to get started. All you need is access to the AI models, which can be easily obtained online. Additionally, there is no need to worry about overhead costs, inventory management, or shipping logistics, as everything is done digitally.

To get started, create an account on Fiverr and set up your gig offering contract writing services. Highlight the advantages of using AI technology to create contracts, such as faster turnaround times, accuracy, and high-quality content. Price your services competitively to attract clients and start receiving orders.

As you build your reputation and gain positive reviews, you can gradually increase your prices and expand your range of services. Consider offering additional services like contract editing, customization, or creating templates. The key is to continuously provide exceptional service and deliver contracts that meet or exceed your clients’ expectations.

To ensure the success of your AI-powered contract writing business, it’s essential to continually improve your skills and stay updated with the latest AI advancements. Attend webinars, join AI-focused communities, and invest time in honing your craft. This will not only help you provide better services to your clients but also give you a competitive edge in the market.

Create a Monetizable Cash Cow Blog using Content at Scale

If you’re looking for a creative and profitable AI business idea that doesn’t require a significant upfront investment, then creating a monetizable cash cow blog using Content at Scale is the way to go. With the rapid advancement of AI technology and its potential for content generation, there are endless opportunities for individuals to tap into this market and make money from blogging.

In 2023, AI business ideas are expected to continue flourishing and evolving, presenting entrepreneurs with exciting new ways to enter the market. Creating a monetizable cash cow blog using Content at Scale is one of the most promising and lucrative ventures in the realm of AI-powered businesses.

So, what exactly does it mean to create a monetizable cash cow blog? Well, it’s all about leveraging the power of AI to generate high-quality and engaging content for your blog. With Content at Scale, an advanced AI model designed for content generation, you can effortlessly produce a vast amount of captivating blog posts, articles, and other written materials.

Starting a monetizable cash cow blog using Content at Scale is a smart choice because it allows you to create content at scale, which is essential for attracting a large audience and building a substantial following. With AI-generated content, you can consistently publish new posts, ensuring that your readers always have fresh and relevant material to consume.

But how does this translate into making money? Well, once you have a well-established blog with a loyal readership, you can monetize it in various ways. One common method is through display advertising, where you earn money from ad placements on your blog. AI-generated content can attract more traffic to your site, increasing the likelihood of ad clicks and higher ad revenue.

Photo by Kenny Eliason on Unsplash

Another monetization avenue is affiliate marketing, where you promote products or services on your blog and earn a commission for every sale made through your affiliate links. AI-generated content can be optimized to seamlessly incorporate affiliate promotions, making it easier for you to generate income from your blog.

P.S. A few affiliate links are included in this article and if you do decide to click on any of them and purchase anything I may receive a small commission and that doesn’t affect the cost that would be paying either.

Additionally, with a monetizable cash cow blog, you can explore sponsored content opportunities. Businesses are often willing to pay bloggers to write about their products or services and publish these sponsored posts on their platforms. With Content at Scale, you can efficiently produce high-quality sponsored content that aligns with your blog’s niche and appeals to your readers.

Photo by Thought Catalog on Unsplash

To get started with creating a monetizable cash cow blog using Content at Scale, it’s crucial to choose a niche that you’re passionate about and has a viable target audience. By focusing on a specific topic or industry, you can establish yourself as an expert in that area and attract a dedicated following.

Once you have your niche, start generating AI-generated content using Content at Scale. Create engaging blog posts that provide valuable information, insights, or entertainment for your readers. Remember to optimize your content for search engines by incorporating relevant keywords and implementing effective SEO strategies.

As your blog grows, focus on building an engaged community of readers by actively interacting with them through comments, social media, and email newsletters. This connection will strengthen their loyalty to your blog and increase the likelihood of them sharing your content with others, further expanding your audience.

Dropshipping Digital Products

Dropshipping has become a popular business model in recent years, allowing entrepreneurs to start their own online stores without the need for inventory or shipping logistics. While traditional dropshipping involves physical products, a new and exciting twist to this business model is dropshipping digital products using AI technology.

Photo by Bench Accounting on Unsplash

In 2023, AI business ideas are expected to continue to thrive and evolve, providing unique opportunities for entrepreneurs to tap into the market. Dropshipping digital products is one of the most promising and innovative ventures in the realm of AI-powered businesses.

So, what exactly does dropshipping digital products mean? Essentially, it involves partnering with content creators, such as graphic designers, photographers, musicians, or software developers, and selling their digital products through your online store. These products can include e-books, stock photos, music tracks, video templates, or even software applications.

The beauty of dropshipping digital products is that you don’t have to worry about inventory management, shipping costs, or order fulfillment. Everything is done digitally, making it a hassle-free business model that can be started with minimal upfront investment.

To get started with dropshipping digital products, the first step is to find content creators who are willing to partner with you. There are several platforms available that connect entrepreneurs with content creators, such as Creative Market, Envato, or even social media platforms like Instagram or Pinterest.

Photo by Austin Distel on Unsplash

Once you have established partnerships, you can set up your online store using e-commerce platforms like Shopify or WooCommerce. Customize your store to reflect your brand and niche, and ensure that it is user-friendly and visually appealing. Remember, a well-designed and easy-to-navigate store will attract more customers and increase sales.

Next, you will need to upload the digital products provided by your content creators to your store. Make sure to accurately describe each product, including details such as file format, size, and any special features or usage rights. Provide high-quality images or previews of the products to entice potential buyers.

Image of PLR Hustle.com

When a customer makes a purchase on your store, the payment is processed, and the digital product is automatically delivered to the customer via email or through a download link on your website. This automated process saves you time and effort, allowing you to focus on marketing and growing your business.

To effectively market your dropshipping digital products store, leverage the power of AI. Utilize social media platforms and paid advertising campaigns to target your ideal audience. Use AI-powered tools like chatbots or automated email marketing to engage with potential customers, provide personalized recommendations, and send follow-up emails to increase conversions.

Another effective marketing strategy is to collaborate with influencers or bloggers in your niche. They can promote your digital products through sponsored content or product reviews, exposing your store to a larger audience and increasing brand awareness.

Photo by Laura Chouette on Unsplash

Doing people’s homework using ChatGPT

Another innovative and profitable AI business idea you can start, even if you’re broke, is doing people’s homework using ChatGPT. With the advancements in AI technology, ChatGPT has become an incredible tool for students who need assistance with their assignments, and you can capitalize on this opportunity to generate income.

In 2023, the landscape of AI business ideas is expected to expand and evolve, presenting entrepreneurs with new and exciting opportunities. One such opportunity lies in leveraging ChatGPT to provide homework help services to students. With the increasing demand for personalized assistance, this business idea has the potential to be highly profitable.

So, how does it work? ChatGPT is an AI language model that has been trained on a vast amount of data, making it capable of understanding and generating human-like text. By utilizing ChatGPT, you can offer homework help services to students who are struggling with their assignments or need guidance in specific subjects.

To get started, you can create a website or join existing online platforms that connect tutors with students. Market your services by highlighting the benefits of using AI technology for homework help, such as fast and accurate responses, personalized assistance, and access to a vast amount of information.

When students reach out for help, you can use ChatGPT to answer their questions, explain complex concepts, or provide step-by-step solutions to problems. This AI-powered approach not only saves you time and effort but also ensures consistent and reliable assistance to students.

One of the advantages of offering homework help using ChatGPT is the minimal investment required. You don’t need to invest in physical resources or inventory. All you need is access to ChatGPT, which can be easily obtained online. Additionally, since the service is provided digitally, there are no overhead costs or shipping logistics to worry about.

To ensure the success of your AI-powered homework help business, it’s essential to continually enhance your skills and knowledge in various subjects. Stay updated with the latest educational materials, attend webinars or workshops, and collaborate with other tutors to share insights and techniques.

Additionally, consider offering personalized tutoring sessions or creating study guides and resources to supplement the AI-generated assistance. This will allow you to cater to different learning styles and provide a comprehensive learning experience for students.

Photo by Scott Graham on Unsplash

Marketing your homework help services is crucial to attract students and build a reputation. Leverage social media platforms, educational forums, or targeted online ads to reach your target audience. Utilize AI-powered tools for marketing automation, such as chatbots or email campaigns, to engage with potential clients and convert them into paying customers.

It’s important to note that while AI technology can provide valuable assistance, ethical considerations should be a top priority. Make it clear to students that the AI-generated responses are meant to be used as a tool for learning and understanding, rather than as a shortcut to completing their assignments.

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In conclusion, doing people’s homework using ChatGPT is a unique and profitable AI business idea you can start even if you’re broke. With the growing demand for personalized assistance, this venture has the potential to generate significant income. By leveraging the capabilities of AI technology and continuously improving your skills, you can provide valuable homework help services and make a positive impact on students’ academic journeys.

Don’t miss out on this opportunity to combine your passion for education with the power of AI. Start your AI-powered homework help business today!

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