The Laziest AI Side Hustle to Make Money Online in 2024

Make Money Matt
30 Jun 202413:58

TLDRDiscover the ultimate 'lazy' side hustle for 2024: automated niche YouTube channels using AI for content creation and SEO. Learn how to choose a profitable niche, generate video ideas, and script videos effortlessly with 'Tube Magic'. Save time and money with AI tools, avoid common pitfalls, and scale your YouTube business effortlessly. Sponsored by 'Story Blocks' for stock footage and '11Lbs' for AI voiceovers, this guide is a must-watch for aspiring online entrepreneurs.

Takeaways

  • 😀 The speaker discovered an effective online side hustle after many failed attempts and now makes $5 to $10,000 daily.
  • 🔍 The side hustle involves running automated niche YouTube channels using AI for content creation and SEO.
  • 📈 There are three different methods to run YouTube channels, varying in required investment and work.
  • 👶 The first method requires no investment but a lot of work, suitable for those with ample time like teenagers.
  • 💼 The second method requires less work but more initial investment, suitable for adults with some capital.
  • 🚀 The third method, the speaker's current approach, combines the benefits of the first two, needing neither much work nor capital.
  • 🎥 The speaker initially started with creating content manually, learning writing, editing, and recording from scratch.
  • 🛠️ The second method involves hiring professionals for content creation, which can be costly but saves time.
  • 🤖 The third method utilizes AI tools to automate the entire content creation process, saving both time and money.
  • 🔑 The speaker recommends using 'Tube Magic' software to find the best niches and generate video ideas and scripts.
  • 🌐 'Story Blocks' is highlighted as a key resource for unlimited, high-quality stock footage for video backgrounds.
  • 🎨 '11Labs' is mentioned for generating hyperrealistic AI voices, and 'Mid Journey' for creating AI thumbnails for videos.

Q & A

  • What is the main topic of the video about?

    -The main topic of the video is about the laziest AI side hustle to make money online in 2024, focusing on running fully automated Niche YouTube channels utilizing AI for content creation and search engine optimization.

  • How did the speaker initially start making money online?

    -The speaker initially started by creating content themselves, learning writing, editing, and other aspects from scratch, and gradually moved to hiring freelancers and then to using AI tools for content creation.

  • What are the three different methods to run YouTube channels mentioned in the video?

    -The three methods are: 1) Creating all the content yourself, 2) Hiring other people to do the work for you, and 3) Using specific AI tools to automate the whole process.

  • What is the significance of RPM in the context of YouTube channels?

    -RPM stands for revenue per thousand views. It indicates how much money a channel makes per thousand views, which is a key metric for evaluating the earning potential of a niche.

  • What is 'Tube Magic' and how does it help in running a YouTube channel?

    -'Tube Magic' is a software developed by the speaker that helps in generating video ideas, scripting videos, and optimizing videos for YouTube. It is used for finding niches, creating content ideas based on successful channels, and generating scripts for videos.

  • How does 'Story Blocks' assist in the video creation process?

    -'Story Blocks' is a service that provides unlimited high-quality downloads of stock footage that can be used in videos without worrying about copyright issues. It also offers creative tools for video editing and the ability to generate AI voices for video narration.

  • What is the importance of uploading videos as 'unlisted' initially?

    -Uploading videos as 'unlisted' initially allows the use of tools like 'Tube Magic' to scan through the video content and generate optimized titles, descriptions, and tags before making the video public, thus enhancing its search engine optimization.

  • What is the role of '11 Labs' in the video creation process mentioned in the video?

    -'11 Labs' is mentioned as a tool to generate hyperrealistic AI voices for video narration, which can be used to create videos without the need for human voiceovers.

  • How does the speaker suggest generating ideas for YouTube videos?

    -The speaker suggests using 'Tube Magic' to find successful channels in a chosen niche and generate unlimited ideas based on what has already worked on those channels.

  • What is the speaker's advice on the video length for better monetization?

    -The speaker advises generating videos longer than 8 minutes to be able to place multiple ad breaks and make more money on average per thousand views.

  • How can viewers access the free course mentioned by the speaker?

    -Viewers can access the free course by checking out the video next to the current one, which is more in-depth and provides step-by-step guidance on the discussed topic.

Outlines

00:00

😀 Discovering the Best Side Hustle for Online Success

The speaker shares their journey of finding the ideal side hustle to earn money online from home. After numerous unsuccessful attempts, they almost gave up on the idea of online income and considered a traditional job. However, they discovered a highly effective side hustle involving automated Niche YouTube channels using AI for content creation and SEO. They explain the process of increasing daily earnings from a dollar to $11,000 and emphasize that while they can't guarantee such earnings, they have spent considerable time refining this method. The speaker introduces three different approaches to running YouTube channels, varying in required initial investment and effort, and suggests that the third method, utilizing AI, is the most efficient and modern approach as of 2024.

05:01

📈 Leveraging AI for YouTube Niche Selection and Content Creation

The speaker delves into the specifics of utilizing AI for YouTube channel management, starting with niche selection. They recommend a software called 'Tube Magic' for identifying profitable niches based on RPM (revenue per thousand views). The software also assists in generating video ideas and scripts, optimizing videos for better performance. The speaker illustrates how to use 'Tube Magic' to find high RPM niches, generate video ideas from successful channels, and create scripts with AI. They also introduce 'Story Blocks' as a resource for high-quality, copyright-free stock footage, and highlight its features, such as the 'Maker Tool' for easy video editing with AI voices from '11Lbs' and royalty-free music.

10:02

🎬 Streamlining Video Production and SEO with AI Tools

The speaker continues to discuss the process of creating YouTube videos efficiently using AI tools. They mention 'Story Blocks' for obtaining stock footage and editing videos within the platform, as well as other free editing software options. The focus then shifts to video SEO, where they describe using 'Tube Magic' to optimize video titles, descriptions, and tags based on the content of the video. The speaker underscores the cost-effectiveness of these AI tools compared to investing time or hiring help, and briefly mentions 'Mid Journey' for AI-generated thumbnails. They conclude by inviting viewers to access 'Tube Magic' for free and to enroll in a comprehensive free course that provides an in-depth guide to the entire process discussed in the video.

Mindmap

Keywords

💡Side Hustle

A 'side hustle' is an additional job or venture that one undertakes alongside their primary employment to generate extra income. In the video, the term is used to describe the process of finding and engaging in activities that can be done from home to make money, which eventually led to the discovery of a lucrative online venture.

💡YouTube Channels

YouTube Channels are platforms where content creators can post videos to share with a broad audience. The script discusses different methods of running YouTube channels, emphasizing the use of AI for content creation and search engine optimization to generate income without significant initial investment or workload.

💡AI for Content Creation

AI, or artificial intelligence, is used in the context of the video to refer to the technology that automates the process of creating content for YouTube. This includes generating video ideas, scripting, and optimizing videos for better search results and viewer engagement, which is a key aspect of the 'laziest' method discussed for making money online.

💡Search Engine Optimization (SEO)

SEO is the practice of optimizing content to rank higher in search engine results, thereby increasing visibility and traffic. In the video, SEO is mentioned as a crucial component of running automated YouTube channels, as it helps to attract more viewers and, consequently, generate more revenue.

💡Niche

A 'niche' in the context of the video refers to a specific category or subject area for content creation on YouTube. Finding the right niche is highlighted as a critical step in the process of setting up a successful YouTube channel, with the script mentioning the use of a software called 'Tube Magic' to identify profitable niches.

💡RPM

RPM stands for 'revenue per thousand views' and is a metric used to measure the earning potential of a YouTube channel. The script explains that a higher RPM means that a channel can earn more money with fewer views, which is why identifying niches with a high RPM is important for monetization.

💡Stock Footage

Stock footage refers to video clips that can be used as background material in videos without worrying about copyright issues. The video script mentions 'Story Blocks' as a source for high-quality stock footage, which is essential for creating visually appealing content without incurring high production costs.

💡Freelancers

Freelancers are self-employed individuals who offer services such as writing, editing, and other skills on a contract or project basis. The script contrasts the cost of hiring freelancers for video production with the more cost-effective use of AI tools for the same tasks.

💡Tube Magic

Tube Magic is a software mentioned in the script as the presenter's secret tool for various tasks on YouTube, including finding niches, generating video ideas, scripting, and optimizing videos. It is portrayed as a valuable resource for streamlining the process of creating and optimizing YouTube content.

💡Monetization

Monetization in the context of YouTube refers to the process of earning money from the platform, typically through ad revenue, sponsorships, or other means. The video discusses different methods of monetizing YouTube channels, with a focus on optimizing content for higher RPM and viewer engagement.

💡Unlisted Video

An 'unlisted video' on YouTube is a video that has been uploaded to the platform but is not publicly visible in searches or on the channel's homepage. The script suggests uploading videos as unlisted initially to optimize them using Tube Magic before making them public, which can potentially increase their visibility and monetization potential.

Highlights

The speaker has found what they believe to be the best online side hustle after 10 years of research and testing.

Initially, the side hustle started earning a dollar a day and eventually reached up to $11,000 a day.

The speaker now makes between $5 to $10,000 daily through an automated side hustle.

Three different methods for running YouTube channels are discussed with varying levels of investment and work required.

The first method involves creating content manually, suitable for those with time but no investment capital.

The second method requires less work but involves hiring others, which is more suitable for those with some capital to invest.

The third method, the speaker's preferred approach, uses AI for content creation and SEO, requiring less work and no significant initial investment.

The speaker's personal channel, Make Money Matt, is a hybrid of creating content and using AI tools for automation.

Tube Magic, the speaker's software, is introduced as a tool for finding niches, generating video ideas, and scripting.

Niche selection is crucial, and Tube Magic's Niche Explorer helps find niches with high RPM (revenue per thousand views).

The software can generate unlimited video ideas based on successful channels within a chosen niche.

Scripts for videos can be AI-generated using Tube Magic, saving time and effort in content creation.

Stock footage is essential for video backgrounds and can be obtained from Storyblocks, the video's sponsor.

Storyblocks offers a vast library of high-quality, copyright-free stock footage and audio for video creation.

The maker tool within Storyblocks allows for easy video editing with AI-generated voices and stock footage integration.

Videos should be uploaded as unlisted initially for optimization using Tube Magic's Warp Upload Optimizer.

AI can also be used to generate thumbnails for videos, with software like Mid Journey suggested for this purpose.

The speaker offers a free course for a more in-depth look at the process of creating and optimizing YouTube channels.

The free course promises to provide step-by-step guidance on starting and scaling a YouTube channel using AI tools.