I Turned ChatGPT Into Monthly Recurring Revenue
Tags: chatgpt, saas, business, sidehustle
Published: 2023-04-03 17:58:25

---
title: I Turned ChatGPT Into Monthly Recurring Revenue
published: true
date: 2023-04-02 01:43:30 UTC
tags: chatgpt,saas,business,sidehustle
canonical_url: https://medium.com/the-side-hustle-club/i-turned-chatgpt-into-monthly-recurring-revenue-de029daad52b
---

[![Woman suprised by the fact that I turned Chat GPT into MRR](https://cdn-images-1.medium.com/max/2600/1*wZcY8UsYW1B32bBTjjP2pA.jpeg)](https://medium.com/the-side-hustle-club/i-turned-chatgpt-into-monthly-recurring-revenue-de029daad52b?source=rss-b970c961c4e1------2)

**ChatGPT is great! There is no doubt about that.**

But what’s even better is passive income.

Combine these 2 bad boys together and you have a killer combination.

This is exactly what I did. And today, I’ll explain:

- What I did do to turn ChatGPT into MRR
- How I did it

And if you’ll stick around till the end, I’ll tell you how to do the same thing.

# Using ChatGPT to Build My Own Product

Long story short, I built a web-based text editor that is powered by ChatGPT.

You can see how it works by looking at the video below.

![Monkey Writer Showcase](https://dev-to-uploads.s3.amazonaws.com/uploads/articles/utrep8wqtf13k8j9yoa5.gif)

AI chat on the left is monitoring what you’re writing.

- You can ask it a question.
- You can tell it to do something.
- It always takes into account what you’ve already written.

The way I’m making money out of this product is by charging a monthly subscription fee.

The amount varies based on the plan that the user picks.

![Monkey Writer Pricing](https://dev-to-uploads.s3.amazonaws.com/uploads/articles/1jb7ish5wdcjzu3413fb.gif)

That’s all there is to it.

In the next section, we’ll go more into technical depth.

We'll see how ChatGPT can be integrated into pretty much anything.

# How The Magic Behind This Works

All you need is access to OpenAI API.

Then, you'll do this:

- Create an account
- Request access to API

> No need to worry, they give access to pretty much anyone.

To explain what the Chat GPT API is, I crafted this masterpiece of a diagram.

![How Chat GPT API works](https://dev-to-uploads.s3.amazonaws.com/uploads/articles/tb7d0s9xeyxwepmr3j9g.jpg)

The upper flow is how the majority of people are using ChatGPT.

The bottom flow is how you can turn Chat GPT into passive income.

# Build Your Own Product With ChatGPT

The only missing piece is to build something that you can integrate ChatGPT into.

This can be:
- Website
- Mobile app
- Desktop app
- Any other software type

If you know how to code you can do the same thing I did, and build a product yourself.

If you don’t know how to code, you have following options.

## Option 1: Hire

The best option for someone who has plenty of capital hidden under the mattress. Or in a bank for that matter.

To hire good talent, I’d highly recommend [Upwork](https://upwork.com/). After all, that’s where I started my freelancing career.

## Option 2: Partner Up

If you don’t have a lot of money lying around, you can still outsource development work.

You can do this by partnering up with developers on [Indie Hackers](https://www.indiehackers.com/).

![Indie Hackers](https://dev-to-uploads.s3.amazonaws.com/uploads/articles/fjqjigv7uqb5fq037jnv.jpg)

The important thing to note here is that you need to bring something to the table.

Maybe you’re good at marketing, maybe you’re a designer, maybe you’re a killer at sales. Whatever it is, identify it, and mention it so people are interested in partnering up with you.

## Option 3: Learn
If you don’t have the money or any other asset, you still have the last option.

You can learn to code and build the thing yourself.

# Final Thought

Starting to chase monthly recurring revenue was one of the smartest business decisions I have ever made.

In this story, I shared the secrets I've gathered.

So, what are you waiting for? Take action now and start building your own product.

Trust me, it’s worth it!