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Forbes
29-07-2025
- Business
- Forbes
5 ChatGPT Prompts To Help You Start A Side Hustle
By Richard D. Harroch and Dominique A. Harroch With the right questions, ChatGPT becomes a powerful brainstorming partner. Starting a side hustle is one of the smartest ways to diversify your income, build new skills, and gain independence in today's fast-changing economy. Whether you're looking to monetize a hobby, test a new business idea, or simply earn extra money, launching a side hustle can be both empowering and rewarding. But with so many options and unknowns, it can be difficult to know where to start. That's where ChatGPT comes in. OpenAI's AI assistant can help you generate ideas, evaluate business models, create marketing content, and automate parts of your workflow—all with some simple prompts. With the right questions, ChatGPT becomes a powerful brainstorming partner, researcher, and productivity tool to accelerate your side hustle journey. In this article, we'll share five practical ChatGPT prompts—along with variations—that can help you take the first steps toward building a successful side hustle. Each prompt is designed to inspire action, surface insight, and provide immediate value, whether you're just getting started or already running a part-time business. Naturally, we used insights and research assistance from AI. 1. Discover Side Hustle Ideas That Fit Your Skills and Lifestyle Choosing the right side hustle starts with understanding your strengths, interests, and availability. ChatGPT can help you quickly generate business ideas tailored to your unique situation. This first prompt is a springboard to uncover high-potential ideas that align with your background and goals. Example Prompt: "I'm a full-time graphic designer with some coding experience. I know how to use Canva, Adobe Illustrator, and other graphics tools. I have 8–10 hours per week to dedicate to a side hustle. Suggest 10 specific side hustle ideas that align with my skills and time constraints and explain how each one could work." Additional Sample Prompts: 2. Validate Your Side Hustle Idea Before You Invest Before investing significant time or money, it's crucial to assess whether your idea has real market demand. ChatGPT can help you analyze the viability of a concept by outlining potential customer segments, competitors, monetization strategies, and more. Example Prompt: 'I'm thinking of launching a subscription box business for eco-friendly pet products. Can you help me validate this side hustle idea? I am located in Florida but can do this business online. Give me an overview of the market size, competitors, target audience, and potential pricing strategies.' Additional Sample Prompts: 3. Use ChatGPT to Write Your First Marketing Copy One of the toughest parts of launching a side hustle is marketing—especially if you don't have a background in copywriting. ChatGPT can help you write headlines, product descriptions, social media posts, email campaigns, and landing page copy tailored to your business and audience. Example Prompt: 'I'm starting a side hustle offering custom watercolor portraits. I can do portraits in any size of people, pets, and babies. Can you write a short Instagram bio, a one-sentence elevator pitch, and a product description for my Etsy page?' Additional Sample Prompts: 4. Generate Content to Build an Audience and Grow Credibility Many side hustles benefit from content marketing—blogs, newsletters, videos, or social media posts that attract an audience and establish trust. ChatGPT can help you brainstorm content ideas, write posts, and even suggest content calendars based on your niche. Example Prompt: 'I'm starting a side hustle as a freelance book editor. Suggest 12 blog post ideas and 12 LinkedIn post ideas I can use to attract authors and build credibility.' Additional Sample Prompts: 5. Automate and Organize Your Side Hustle Workflow Once your side hustle gets going, staying organized becomes crucial. ChatGPT can help you create systems and automations that save time and reduce mental overhead. From scheduling and invoicing to customer service and content batching, a few smart prompts can help streamline your operations. Example Prompt: 'I run a weekend side hustle as a wedding photographer. Can you help me create a weekly schedule that balances my shoots, editing, marketing, and family time?' Additional Sample Prompts: Summary on ChatGPT Prompts to Start a Side Hustle A side hustle doesn't have to be overwhelming. With the right tools and mindset, you can move from idea to income faster than ever. ChatGPT is a powerful ally on this journey—helping you think clearly, write better, and work smarter. With just a few targeted prompts, you can clarify your path, build your brand, and unlock real earning potential. It is important to use ChatGPT iteratively. If you don't get an answer that will help you, keep asking more clarifying questions. Whether you're looking to earn some extra cash, explore your passions, or eventually go full-time on your own terms, ChatGPT can provide the momentum you need to start. Use these prompts as a foundation, experiment regularly, and remember: every successful business once began as a simple idea and a bold first step. More from AllBusiness:
Forbes
08-04-2025
- Business
- Forbes
What Is A Bear Market? And Why It Matters To You
By Dominique A. Harroch and Richard D. Harroch Financial markets are inherently cyclical, marked by periods of growth and contraction. While investors often focus on the highs of Bull Markets, it's just as important to understand the other side of the cycle: the Bear Market. These periods of sustained market decline can be challenging, but they also offer critical insights into the broader economy and investor behavior. A Bear Market typically refers to a prolonged drop in stock prices—defined as a decline of 20% or more from recent highs in major indices such as the S&P 500 or the Dow Jones Industrial Average. These downturns are often accompanied by economic slowdowns, increased investor pessimism, and heightened market volatility. Though unsettling, Bear Markets are a natural part of the financial landscape and can present opportunities for disciplined, long-term investors. Bear Markets are more than just headlines—they affect people and businesses. Understanding Bear Markets can help you prepare, adapt, and protect your financial well-being whether you're an individual investor, a business owner, or someone just planning for the future. For individuals: For businesses: In short, Bear Markets influence job security, access to capital, investment decisions, and financial confidence. Being informed and proactive can make a significant difference in how well you weather the downturn and position yourself for the recovery that follows. Several factors contribute to the onset and duration of a Bear Market. Understanding these indicators can help investors anticipate market shifts and prepare accordingly. Although Bear Markets are often emotionally and financially difficult, investors can take several steps to manage risk and maintain a long-term investment strategy. History has seen several Bear Markets, each shaped by different causes and circumstances. Some of the most notable include: Here's a quick breakdown on the length of Bear Markets. It's worth noting that recoveries (Bull Markets) tend to last much longer—averaging 3 to 5 years or more—which is why long-term investors often ride out Bear Markets rather than try to time them. Bear Markets extend beyond portfolio losses—they can influence behavior, economic policy, and long-term financial plans. While Bear Markets often signal economic challenges, they also present opportunities for thoughtful, long-term investors. By understanding the causes, characteristics, and strategies for managing downturns, investors can make informed decisions and avoid reacting based on fear or uncertainty. Staying diversified, remaining patient, and focusing on long-term goals are key to weathering these periods. In time, markets recover—often setting the stage for the next cycle of growth. With the right preparation, individuals and businesses alike can navigate Bear Markets with resilience and renewed opportunity for their financial future. About the Authors Dominique Harroch is the Chief of Staff at She has acted as a Chief of Staff or Operations Leader for multiple companies where she leveraged her extensive experience in operations management, strategic planning, and team leadership to drive organizational success. With a background that spans over two decades in operations leadership, event planning at her own start-up and marketing at various financial and retail companies, Dominique is known for her ability to optimize processes, manage complex projects and lead high-performing teams. She holds a BA in English and Psychology from U.C. Berkeley and an MBA from the University of San Francisco. She can be reached via LinkedIn. Richard D. Harroch is a Senior Advisor to CEOs, management teams, and Boards of Directors. He is an expert on M&A, venture capital, startups, and business contracts. He was the Managing Director and Global Head of M&A at VantagePoint Capital Partners, a venture capital fund in the San Francisco area. Richard is the author of several books on startups and entrepreneurship as well as the co-author of Poker for Dummies and a Wall Street Journal-bestselling book on small business. He is the co-author of a 1,500-page book published by Bloomberg on mergers and acquisitions of privately held companies. He was also a corporate and M&A partner at the international law firm of Orrick, Herrington & Sutcliffe. He has been involved in over 200 M&A transactions and 250 startup financings. He can be reached through LinkedIn. Copyright (c) by Richard D. Harroch. All Rights Reserved.
