AI is not going to replace you but will help you make more money.

We never thought we would be able to make more than $100k/yr. But here we are making $100k+/yr running AI businesses that don’t require much effort.

In today’s post, we’ll share with you 5 businesses you can start in 2024 to make more than $100k/yr.

(We’re running 2 of these businesses)

Read time: 3 minutes

1/ AI-based Content Creation Business

With an ever-growing number of creators seeking innovative solutions to streamline their content generation, your AI-based content creation business could be the answer.

Offer a system or application that transforms simple keywords into comprehensive articles, engaging social media posts, and compelling product descriptions.

Content is king in the digital age, and the demand for fast, high-quality content creation is on the rise. Your service can save time, reduce the creative burden, and enhance content quality for creators across various platforms.

Investment and Returns: Start with an initial investment for AI development and marketing, potentially around $20,000 - $50,000. With a robust business model, you could aim for a monthly income of $8,000 - $10,000, reaching your $100k annual target by securing a steady client base.

2/ AI Marketing Agency

Imagine doubling your client's ROI overnight with AI-driven marketing strategies.

Your AI marketing agency can revolutionize how businesses approach their marketing campaigns, using data-driven insights to optimize strategies and enhance customer engagement.

In the age of data, AI's ability to analyze and predict consumer behavior can give businesses a significant competitive edge, leading to more effective and cost-efficient marketing efforts.

Investment and Returns: Initial investment might range from $30,000 to $60,000, covering technology, talent, and marketing. Profit margins can be substantial, with potential monthly earnings of $10,000+ after establishing a strong client portfolio.

AI brews beer and your big ideas

What’s your biggest business challenge? Don’t worry about wording it perfectly or describing it just right. Brain dump your description into AE Studio’s new tool and AI will help you solve that work puzzle.

Describe your challenge in three quick questions. Then AI churns out solutions customized to you.

AE Studio exists to solve business problems. They build great products and create custom software, AI and BCI solutions. And they once brewed beer by training AI to instruct a brewmeister and then to market the result. The beer sold out – true story.

Beyond beer, AE Studio’s data scientists, designers and developers have done even more impressive things working 1:1 with founders and executives. They’re a great match for leaders wanting to incorporate AI and just generally deliver outstanding products built with the latest tools and tech.

If you’re done guessing how to solve work problems or have a crazy idea in your back pocket to test out, ask AI Ideas by AE Studio for free solutions, right now.

3/ Start an AI-Based Automated Data Entry Tool Business

Turn hours of data entry into minutes with your AI solution.

Develop an AI tool that automates the tedious task of data entry, catering to businesses of all sizes. Your solution can increase accuracy, reduce labor costs, and save time, making it an indispensable tool for many organizations.

Efficiency and accuracy are paramount in data management. An AI tool that minimizes errors and maximizes speed can transform operations for countless businesses.

Investment and Returns: Estimated initial investment is between $25,000 and $50,000. By targeting the right markets and scaling effectively, your monthly revenue could range from $7,000 to $12,000, paving the way to a lucrative business.

4/ Start an Online Recruiting Automation Business

Hire the best, leave the rest: AI-driven recruiting to find top talent.

Automate the recruitment process with AI, offering businesses a faster, more efficient way to connect with the right candidates. Your platform can screen resumes, match job descriptions with applicant profiles, and even aid in initial interview processes.

The hiring process can be lengthy and costly. An AI-powered solution that streamlines these tasks will be highly valuable to companies seeking efficiency and quality in their hiring processes.

Investment and Returns: With an initial investment of around $40,000 to $70,000, focusing on AI development and market penetration, you could target a monthly income of $9,000 to $15,000 by catering to diverse industries.

5/ Build an AI-Powered Advertising Software

Unlock the future of advertising: AI that knows what your customers want before they do.

Create software that leverages AI to deliver personalized advertising experiences, enhancing engagement and conversion rates for businesses.

Personalization is the key to standing out in today's saturated advertising market. An AI that predicts and aligns with consumer preferences can dramatically improve ad effectiveness.

Investment and Returns: An initial investment could range from $50,000 to $100,000, with the potential for a monthly revenue of $10,000 to $20,000 by providing a solution that significantly boosts ad performance for clients.

What next?

Here are 2 ways we can help you level up:

1. Promote your SaaS product on our newsletter (We’ve more than 100k subs)

2. Help you build a brand on X/Twitter and also on LinkedIn. If you want to know the details, email here: TEAM

   (Please email us if you’re a founder, entrepreneur or a creator who earns more than $5k a month)