This is Synthetic Mind, your 5 min AI business newsletter with today’s latest and greatest startup idea. It’s Cinco De Mayo. Let’s party!

💸 Today’s AI Money Maker: Midjourney Prompt Generator

⏰ Setup Time: 45 Min

🧐 Startup Cost: $139

💲 First $ Made: 3 Days

💰Opportunity Size: $103/day

The Opportunity 🤫

After Midjourney released their new update earlier this week, everyone and their mom seems to be making AI-generated art.

The update ‘sharpens’ images to make them more realistic. 

Take a look:

(The picture on the right shows the update)

Once I saw this, I knew there was money to be made.

Then it hit me….

We can offer to help users create Midjourney prompts for $15 a month using AI

Let me explain.

Midjourney is the biggest AI image generator with over 13 million users.

However, they’re running into a major problem….

Midjourney Users HATE they can’t create the exact image they want.

Yesterday I asked for ‘a birthday party’ and got this…

(Yikes. What is that blue guy in the corner??)

However, it’s not Midjourney’s fault….

The software can only create what users prompt it to.

Here’s how it works:

Users input a prompt for an image they want to see, then Midjourney reads the prompt and creates an image with it:

Because of this...

The better the prompt, the better the image.

So the problem isn’t Midjourney….

It’s that people SUCK at creating prompts.

(PS - This is where you come in)

You will create a website that offers them free prompts to create cool art.

Then when they want to create something of their own, they will pay to use your prompt generator.

It will look something like this:

The best part is that once you’re done with your software, that’s it.

It runs on its own.

Meaning that once you build your generator all the hard work is done.

Here’s the math:

Oh, and at the end, I’ve linked a cheat sheet that will walk you through each step like I’m right there with you.

Who’s Doing It 🔎

PromptHero allows users to find Midjourney art they love, then copy + paste the prompt. The crazy part? It received over 6 MILLION website visits in the last 3 months!

One problem - They don’t help the users who want to create their own prompts.

This is where YOUR money is made.

The tool you will be creating is a prompt generator like the one from the beginning by Noonshot. In the last 3 months, this site brought in over 2.7 MILLION visits.

You’ll be the best of both worlds.

Convinced there’s money to be made?

Alright, enough talk.

Let’s make some dough.

The Gameplan 🏀

The How-To 🛠

Step #1 - Sign up for your tools: Airtable, Stripe, Make, and Softr.

(Psst...just between us, we have no ties to these websites. We just think they’re super cool.)

Step #2 - Set up your generator:

1. Start in Airtable and create a new table

2. Go to Softrr to create your website page

3. Put your Midjourney art examples and their prompts on the first page

4. Include a ‘create your own’ button that brings them to your generator form. Here they will plug in what they want to see.

Mine looks like this:

Step #3 - Link it all together: Connect Stripe to Softr. This is how users will send you money. Then use Make to connect your generator to Airtable and OpenAI.

Think of this as the glue between your generator and ChatGPT.

It should look like this:

Pro tip- Upsell them on a monthly subscription to a Discord group where you share prompting tips and others can share what they learn.

Step #4 - The marketing: This is how we find our 210 users. I recommend trying these 4 strategies -

1. Make it and send it to us. If we love it you’ll get a shoutout in our next newsletter edition and on our Twitter.

2. Post on TikTok 5x a day. TikTok is the easiest place to go viral without spending money on promotions. Make sure to post every day and to put most of your focus on the first 5 seconds. FYI, the more controversial you are, the more views you’ll get.

3. Affiliates. Find influencers with a follower base that is interested in Midjourney. Then reach out to 10 influencers a day offering them a deal: They shout you out on their page and you give them 20% of sales from that post.

4. Run ads. This will require you to put money upfront but it’s a great way to get sales fast. Run ads on Facebook, Instagram, and TikTok.

As promised, here is a cheat sheet that will walk you through every step of the way. It has photos, videos, and anything else you will need.

Byte Of The Day 🐟

If you want to know more about something, have a cool topic, or just want to say hey... I answer all my DM’s on Twitter so please reach out!

Special Thanks To This Reader 👏

That’s it for today folks! Stay curious, and we’ll see you Monday!