5 ChatGPT prompts to start a side business

When your main gig isn't filling your cup, you might be looking elsewhere for what's missing. Whether it's milestones, revenue, or just excitement, maybe a side hustle is the way to go. If your full-time business has hit a ceiling that means it's no longer worth your time, or you're looking to change direction and transition, make sure you're ready for the number two business in you. preparing well in advance.

Use ChatGPT to get tips and advice on your side business journey and see if you learn anything new. Even if you have a plan, his answers might reveal solutions you hadn't considered.

Start a side hustle with these insightful ChatGPT prompts Assess your resources

Start where you are and use what you have, as the saying goes. Everything else doesn't make sense, so master your existing resources and build from there. Take inventory of what they are and have ChatGPT rate it. You may be underestimating the strengths you already have in front of you, when you should be leading with them.

“Here are the resources I already have: [include details of savings or income, time available, network members, skills or specialist knowledge], as well as strong personality traits of [describe the strengths of your personality, e.g. hard worker, tenacious, confident]. Can you list my top five resources in order of how useful they are for starting a side hustle? For each, explain why it is useful and what I must do to get the most out of it."

Get business ideas

Ideas are commonplace, but extraordinary ones are not. The best idea is the one you feel excited to get started with. It is aligned with your values ​​and corresponds to the vision you have of who you are in the world. The right stampede idea solves a specific problem for a specific audience, who will be ready to buy.

"My main interests and passions are [describe your main interests and passions] and my network includes people who [describe the demographics of people in your network]. Given what you know of my resources, can you suggest 10 ideas for side businesses I could start? My goal is to spend [number] hours per week on this project and for it to earn [amount of money] by [frequency] in [ goal to achieve this income.]"

Plan the first steps

You know how you're best suited to serve and you think you're on to something with how you're going to do it. The next step is to lay out the roadmap to bring your business to fruition. Select your favorite idea (which could be the one you already had) and have ChatGPT break it down step by step, so you know exactly how to get started. Add to the prompt things you have thought about and ask for clarification if any part is unclear. Keep pushing until you have your perfect plan.

"I'd like to explore this idea in more detail: [include your favorite idea]. Outline a 10-point plan that details the exact steps I need to take, with an explanation for each, to make this business a success. Assume that I work [number of hours per day or week] on this business."

Create financial goals

If you're starting a side hustle because you want to make more money, learn what it looks like in practice. Whether you want to increase your income, earn enough to quit your job, or your side project is a passion project that just needs to break even, figure out exactly what you need to achieve to stay in the game. The plan is not may this secondary hustle be supported by your primary business, the plan is for it to surpass it in magnitudes.

"Given my financial goals of [amount of money] by [frequency] in [goal to achieve this income], suggest some metrics I should follow to ensure I am on target for this goal. Indicate how often I should report on this metric. Finally, include a revenue and profit forecast per month, in line with my primary financial goal."

Gain the confidence to go for it

With the safety net of your primary role or business firmly in place, the risks for you to start a side project are low. Rock bottom is an unlikely scenario. But it's easy to forget that if you're surrounded by negative media stories and naysayers. Ask ChatGPT to be your...