How To Build A $100,000/Year Income With ChatGPT
How much do you think you could you afford to live on comfortably? Perhaps $80,000? Or $100,000? Maybe push it as high as $150,000? Think that last figure looks incredulous? Check again.
A new Bankrate survey lifted the lid on the state of salaries in America, and showed just how 'wealthy' you are, even when making close to six figures. About three in four Americans say they don't feel financially secure, mainly due to inflation (despite it cooling recently). Bankrate's report explains:
"For example, a $100,000 salary in January 2020 has the same buying power as $124,353 in April 2025, according to the U.S. Bureau of Labor Statistics (BLS). In other words, if you haven't received a raise since 2020, higher inflation feels like losing $24,000 of your salary."
The report continued, 'More than one in four (26%) U.S. adults say they would need to make $150,000 or more per year to feel financially secure/comfortable. That's nearly twice the typical national salary: The average full-time, year-round worker made $81,515 in 2023, according to the latest estimates from the BLS.'
Purdue University assistant professor Wookjae Heo noted when speaking to Bankrate for this report that 'most people's money is static," mainly because it is salaried.
So here we have a dilemma: You want to raise the ceiling on your earnings, but you can't because your job restricts you and caps your income potential.
Quite a scary place to be, right?
Well you don't need to be worried, because there's a way to exit the static salaried lifestyle: work for yourself.
Why Now Is The Perfect Time To Start A Freelance Business
When you decide to take your skills, expertise, and knowledge and amplify them using AI, you're able to experience these benefits:
The good news is, even as a beginner, you can make $100,000 and way more, using your skills and AI.
How To Use ChatGPT To Start A Lucrative Business
AI helps you multiply your output. You don't need years of industry experience. You can start right where you are, and this article will show you how.
Even if you're a beginner, early in your career, or new to a particular industry, or new to using AI tools like ChatGPT beyond just for fun or superficial tasks, there are certain skills that you likely already have that you probably take for granted. For example:
Some of these may be hobbies, and others are things that you routinely do when no one is watching, because you're skilled in those areas and enjoy them. They come naturally to you. These are the perfect skills to begin with when you're starting your own business, because they don't require you to learn anything new, at least when you're starting out.
Of course you'll need to brush up on your knowledge, but you won't need to expend months and years in learning a new skill, because you're capitalising on something that's already accessible.
You can even give ChatGPT this prompt:
You're a career coach and your mission is to help me discover how to make money with my skills. Ask me a series of questions to help me uncover what my transferable skills are, pulling from my hobbies, interests, and any volunteer or prior work experience, even if initially they seem unrelated.
Wherever there are any gaps in your learning or knowledge, use AI to help you accelerate skill building and development. Take a crash course using ChatGPT.
For example, you can ask it to:
You can also ask it to assign you a learning plan and then follow up with a prompt to get it to give you the content for each aspect of the learning plan, as well as recommendations for how you can develop your skills further so you can be at the top of your industry. This allows you to build skills and knowledge without needing to spend too much time or resources for now.
Of course, as you start to earn, you can reinvest into your professional development and undertake professional certifications, training, and online courses.
The next step is to launch a simple but high-impact offer that you know solves a pain point in your target client's lives. It could be that your target clients lack a strong LinkedIn presence, they may have low social media engagement, or they might be consistently receiving negative press, and then you could step in with your PR or digital/social media marketing skills.
Whatever their pain is, use ChatGPT to:
You can get ideas of what specific ChatGPT prompts to use, here in my recent Forbes article.
The key to growth of any kind--financial, career, or business, is self-awareness and reflection. Critical thinking and analysis help you read in between the lines, identify patterns, and recognize what's working as well as areas for improvement.
This helps you to stop wasting your time and energy on areas of your freelance business (or even ideas) that bring little to no financial results, boosting your efficiency and bringing you closer to your $100,000/year goal.
Ask ChatGPT:
Based on the photos attached [screenshot your dashboard, results page, feedback online, or other data] what are the key insights I can gather about my audience, my market, and what they need? What is working so far? What are the common themes here, and what should I stop doing, and start doing more of?
The most successful freelance professionals and entrepreneurs are able to leverage AI tools such as ChatGPT, not for basic task like writing emails (although that can be helpful) but for strategy, uncovering deep insights, and enabling data-driven decision making.
Build Your Income Using ChatGPT
Your employer may have given you a payment ceiling; negotiating a pay rise might be challenging or unrealistic. But that doesn't need to limit your options. Start where you are, and combine:
This is how you eventually achieve and exceed your $100,000/year goal.
You can build a six-figure business as a beginner, leveraging skills you already have
FAQs
How long does it take to make $100,000 a year?
It honestly depends on how much effort and time you put into growing your freelance business, especially at the early stages where you're researching, testing, and iterating. With consistency, using AI tools as assistants, and daily keeping your finger on the pulse of industry and market developments and what your target clientele actually need, it is possible for you to scale to $100,000 annually within a couple of years.
What's the fastest way to make $100,000?
There's no quick-fix solution. However, the quickest way to achieve this goal is to start by leveraging skills and knowledge you already have. This saves time and enables you to build traction early on.
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