How To Make Money With Midjourney In 2024 (For Beginners)

Mr. Money
20 Dec 202211:37

TLDRThe video outlines how to generate income using AI with Midjourney in 2024. It introduces Midjourney, a tool that creates unique images from text prompts, and suggests monetization strategies like selling on Redbubble and Etsy, or creating and selling NFTs. The script emphasizes the ease of design creation with AI, the potential for passive income, and the large market reach of platforms like Redbubble and Etsy.

Takeaways

  • 😀 There's a great opportunity to make money with AI, specifically using Midjourney in 2024.
  • 🔗 Midjourney is an AI tool that creates unique images from user instructions and is accessible via a Discord server.
  • 🎨 The tool offers endless possibilities for image creation, including photorealistic iterations and customization.
  • 👕 Utilize platforms like Redbubble for print-on-demand services to monetize designs created with AI.
  • 🛍️ Redbubble handles printing, manufacturing, and shipping, allowing creators to focus on design without inventory or logistics.
  • 🏆 High-quality designs can be created quickly with AI, making it easier for non-artists to succeed in the print-on-demand market.
  • 🤖 AI tools like Midjourney allow for natural language instructions to generate designs, simplifying the creative process.
  • 🔍 For inspiration, creators can look at successful designs on platforms like Vexels or analyze best-sellers on Teespring.
  • 🎭 Beyond physical products, AI can also be used to create and sell digital art on platforms like Etsy.
  • 🐕 Customization is key in selling art, as seen with the popularity of personalized pet paintings on Etsy.
  • 🌐 The potential for creating and selling NFTs remains, even with a fluctuating market, offering another avenue for monetization.
  • 🔍 Midjourney can be used to recreate and customize existing designs for unique creations, as demonstrated in the video.

Q & A

  • What is the primary focus of the video on making money with Midjourney in 2024?

    -The video focuses on various ways beginners can make money using Midjourney, an AI-powered tool for creating unique images, by leveraging it for different monetization opportunities such as print-on-demand services, art sales, and NFT creation.

  • How does Midjourney work to create images?

    -Midjourney works by connecting to its website, where users can join the beta and use its AI capabilities to create unique images based on the instructions and ideas they provide. It operates within a Discord server, allowing real-time interaction and inspiration from other users' creations.

  • What are some alternative tools to Midjourney mentioned in the video?

    -The video mentions DALL-E 2 from openai.com and stable diffusion as alternative tools to Midjourney for creating AI-generated images.

  • How can someone use Midjourney to create designs for print-on-demand platforms like Redbubble?

    -Users can use Midjourney to generate unique digital designs by providing descriptive prompts to the AI. Once the designs are created, they can be uploaded to Redbubble, where the platform handles printing, manufacturing, and shipping the physical items to customers.

  • What benefits does the print-on-demand model offer to creators using Midjourney?

    -The print-on-demand model allows creators to focus on design creation without worrying about inventory, storage, or shipping. It is beginner-friendly and enables them to run their business from home, leveraging AI for design creation.

  • How can someone find inspiration for designs to create with Midjourney?

    -One can find inspiration by observing the creations of other users within the Midjourney Discord server, or by using platforms like Vexels.com to understand popular designs for print-on-demand merchandise.

  • What is the process for creating and selling custom art pieces on Etsy using Midjourney?

    -Creators can use Midjourney to generate custom art pieces based on specific prompts or images, such as a customer's pet. These AI-created pieces can then be listed for sale on Etsy, where buyers can purchase unique, personalized art.

  • How can someone use Midjourney to create an NFT collection?

    -Individuals can either start their own NFT collection using Midjourney to generate unique art pieces or work as a freelance artist, providing their AI-generated art services to others who want to create NFT collections.

  • What is the significance of customizing designs in the context of selling on platforms like Etsy?

    -Customization, such as featuring a customer's pet in a specific setting, adds a personal touch that makes the art stand out and appeals to buyers, increasing the likelihood of sales.

  • How does the video suggest improving the quality of AI-generated designs?

    -The video suggests providing more detailed descriptions in the prompts to Midjourney and iterating on the results to improve the quality of the generated designs.

  • What is the potential market for selling AI-generated art on platforms like Etsy?

    -Etsy has a large market with half a billion total monthly visits, predominantly from the US, indicating a high demand and purchasing power for unique and personalized art pieces.

Outlines

00:00

🎨 Leveraging AI for Unique Art Creation and Monetization

The video introduces the concept of using artificial intelligence to create unique art pieces and monetize them. It highlights the use of 'mid Journey', a tool powered by AI, which can generate images from textual instructions. The speaker explains how to join the beta version of the tool via Discord and emphasizes the endless creative possibilities it offers. The video also suggests using 'mid Journey' to create designs for print-on-demand platforms like Redbubble, where one can sell a variety of products featuring their AI-generated designs without worrying about manufacturing or shipping.

05:02

🛍️ Monetizing AI-Created Art on Print-on-Demand Platforms

This paragraph delves deeper into the print-on-demand business model, focusing on Redbubble as an example. It describes how to set up an account, create digital designs with the help of AI, and sell them on the platform. The speaker discusses the benefits of this model, such as not having to manage inventory or shipping, and the importance of creating unique and appealing designs to attract customers. The video also suggests using 'Vexels.com' for design inspiration and 'Teespring.com' to analyze best-selling products for reverse engineering successful designs. Additionally, it mentions the potential of using AI to create variations of existing designs to increase the chances of sales.

10:02

🐕 Customizing AI Art for Personalized Products and Services

The speaker explores the idea of using AI to create personalized art, such as custom paintings featuring pets, which can be sold on platforms like Etsy. The video provides an example of a successful Etsy listing that offers custom dog paintings, suggesting that AI can be used to recreate and customize such art. The process involves identifying the breed of the dog using Google Lens and then using 'mid Journey' to generate a custom piece of art based on the description provided. The video also touches on the potential of AI to customize existing images and the importance of creating unique, personalized products to stand out in the market.

🌐 Exploring NFTs as a New Avenue for AI-Created Art

The final paragraph discusses the potential of non-fungible tokens (NFTs) as a new way to monetize AI-generated art. It mentions the ongoing interest in NFT collections despite the market crash and suggests two approaches: creating one's own NFT collection or working as a freelance artist for others. The video encourages viewers to consider these opportunities and acknowledges the availability of various AI tools, such as 'stable diffusion', to assist in the creation process. It concludes by emphasizing the current favorable conditions for making money with AI in the art industry.

Mindmap

Keywords

Artificial Intelligence (AI)

Artificial Intelligence, or AI, refers to the simulation of human intelligence in machines that are programmed to think like humans and mimic their actions. In the context of the video, AI is harnessed to create unique images and designs through platforms like Midjourney, showcasing its capability to generate content within seconds based on user instructions. The script highlights AI's role in democratizing the creation of high-quality artwork without the need for traditional artistic skills.

Midjourney

Midjourney is an AI-powered tool mentioned in the script that enables users to generate unique images from their textual descriptions. It operates through a Discord server, where users can connect, share ideas, and witness the real-time creation of images by AI. The video emphasizes Midjourney's potential for monetization by using it to create designs for various products and services.

Discord server

A Discord server is a chat forum within the Discord platform, which allows communities to communicate in real-time through text, voice, and video. In the video, the Discord server is the hub for Midjourney users to interact, draw inspiration from others' creations, and utilize AI to generate images, making it a central place for creative collaboration.

Daily 2

Daily 2, as mentioned in the script, is an alternative AI tool to Midjourney, available at openai.com. It represents the growing number of AI platforms that offer similar functionalities, allowing users to harness AI for creative tasks. The script briefly introduces Daily 2 as one of the options for users looking to explore AI in image creation.

Stable Diffusion

Stable Diffusion is another AI-based alternative mentioned in the script for creating images from textual prompts. It signifies the variety of AI tools available for users to choose from, each with its unique features and capabilities, contributing to the broader theme of AI-assisted creativity.

Printing on demand

Printing on demand is a business model where products are only produced once an order has been placed, eliminating the need for inventory and reducing upfront costs. The script discusses platforms like Redbubble that offer printing on demand services, allowing users to upload their designs created with AI, such as those from Midjourney, and sell them on various products without handling the manufacturing or shipping process.

Redbubble

Redbubble is an online marketplace featured in the script where independent artists can sell their designs on various products. It is highlighted as a platform that integrates with the AI-generated designs from Midjourney, enabling users to monetize their creations by printing them on demand and reaching a global audience.

Vexels

Vexels is a design platform for merchandise sellers and creators, as mentioned in the script. It provides print-ready designs that can inspire or be used as a reference for creating new designs with AI tools like Midjourney. The script suggests using Vexels to find ideas for designs that can then be recreated with AI, offering a shortcut for generating unique designs.

Teespring

Teespring is an e-commerce platform similar to Redbubble, where users can sell custom-designed products. The script uses Teespring as an example to analyze best-selling products and understand market trends, which can inform the creation of AI-generated designs that have a higher chance of selling well.

Etsy

Etsy is an online marketplace known for handmade, vintage items, and craft supplies. In the script, Etsy is presented as a platform where AI-created art can be sold, leveraging the site's large audience and the demand for unique, custom artwork, such as custom pet paintings.

NFT

NFT stands for Non-Fungible Token, a unique digital asset that represents ownership of a particular item or piece of content on the blockchain. The script discusses the potential of using AI, like Midjourney, to create NFT collections or to provide artwork for others' NFT projects, tapping into the digital art and cryptocurrency markets.

Highlights

Artificial intelligence offers unprecedented opportunities to make money, especially with tools like MidJourney.

MidJourney is a tool that uses AI to create unique images based on user instructions.

Users can join the MidJourney Discord server to start creating images and see what others are making for inspiration.

Redbubble.com is a print-on-demand website where you can sell products featuring your designs created with MidJourney.

Print-on-demand is beginner-friendly since you don't need to handle manufacturing, inventory, or shipping.

Creating unique and appealing designs is key to success in print-on-demand, and AI tools like MidJourney can help.

Vexels.com offers print-ready designs for merch sellers, which can be recreated using MidJourney.

Analyzing best-selling designs on platforms like Teespring can provide inspiration for your own creations.

MidJourney can generate variations of existing designs, making it easier to create new and unique products.

Etsy.com is another platform where you can sell custom art created with AI tools like MidJourney.

Custom art, such as personalized pet portraits, can be a lucrative market on Etsy.

MidJourney can quickly generate high-quality custom designs, allowing you to offer personalized products efficiently.

NFTs (non-fungible tokens) are another avenue for making money with AI-generated art.

You can either create your own NFT collection or work as a freelancer creating NFTs for others.

Even in a down market, new NFT collections are launched frequently, providing ongoing opportunities.

Tools like MidJourney, DALL-E 2, and Stable Diffusion provide diverse capabilities for creating AI-generated art.

The AI art creation process is fast, taking only seconds to generate images.

The AI art tools accept natural language instructions, making them accessible even without technical skills.