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Please Avoid This Type of Advice on the Internet
When you search for ‘Side Hustle’ on the internet, I am 100% sure that you will find ‘AI art’ on the list.
It sounds easy, right? Just generate AI art and post it on Etsy.
Bang! Make money, easier and faster than opening a stuck jam jar.
The real story: 99% of AI art businesses fail.
Why?
- Everybody can search the internet, so they will know about these opportunities too.
- Everybody can do it now, which means everybody in the world can be your competitor.
Honestly, I tried to do it with my friend too, and we ended up in the 99% camp.
It hurts, but that pain taught me something.
In a world filled with a zillion pieces of advice,
you shouldn’t follow easy-to-know, easy-to-implement advice.
Because:
You will lose your edge.
In Peter Thiel’s famous book ‘Zero to One,’ the valuable insight I’ve learned is that businesses tend to succeed if they can monopolize (or face low competition).
And how can they be the ones with low competition? It comes from having some ‘secret sauce’ that competitors don’t know or, even if they…