Latest news with #digitalproducts
Forbes
21-07-2025
- Business
- Forbes
2 ChatGPT Prompts That Can Generate $5,000+ In Passive Income
use these chatgpt prompts to start your passive income stream The five-figure passive income dream feels closer to reality when you have the right tools. Traditional methods—such as writing books, building apps, and creating courses—once required months of specialized skills and significant upfront investment. Today's entrepreneurs have an advantage: ChatGPT and artificial intelligence that can compress that timeline from months to weeks. The key isn't complex automation or expensive software. It's asking ChatGPT the right questions to identify opportunities that align with your existing knowledge and skills. These two ChatGPT prompts can help you build a sustainable passive income stream by leveraging your existing knowledge and transforming it into scalable assets. The ChatGPT Digital Product Blueprint Generator Digital products represent one of the most accessible paths to passive income. Why? Unlike physical inventory or service-based businesses, digital products can be sold infinitely without additional production costs. Use this ChatGPT prompt to identify your first profitable digital product: "I have expertise in [your area of knowledge] This ChatGPT prompt is effective because it forces specificity regarding audience, pricing, and scalability. Too many entrepreneurs create products without understanding who will buy them or why. The key is matching your knowledge to market demand. A marketing professional might create social media templates. A fitness enthusiast could develop workout plans. A parent who homeschools might build curriculum guides. A software engineer could package their troubleshooting knowledge into technical guides. The ChatGPT Niche Content Strategy Developer Content platforms—such as blogs, newsletters, and YouTube channels—can generate substantial passive income through advertising, sponsorships, and affiliate marketing. Your goal is to find the intersection between your interests and underserved market niches. This ChatGPT prompt helps identify content opportunities: "Based on current market trends and keyword search data, suggest three content niche ideas where I can build authority using my background in [your experience/interests] . For each niche, provide: 1) A 12-month content calendar with specific post topics, 2) Three potential revenue streams, 3) An estimate of time to reach $1,000+ monthly income, and 4) The main competitors I should study. Focus on niches with engaged audiences but manageable competition levels." Content creation can become a passive income stream when you build systems around it. Initial posts require active work, but successful content continues to attract traffic and generate revenue months or years later through search engines and social media shares. This approach works particularly well for students and young people who have flexibility in their schedules. Research indicates that 26% of American teenagers now utilize ChatGPT for various purposes, and those who are comfortable with AI tools have a significant advantage in building online businesses. If you're a student, leverage your expertise in subjects you're currently studying or in the sport you play, as well as activities you're passionate about, to create digital products and content that generates income while you focus on your education. ChatGPT Implementation Strategy Start with minimum viable products. Keep it simple. Create basic versions first. A digital product might begin as a 20-page PDF guide rather than a comprehensive course. A content platform might start with one post weekly rather than daily content. Test before scaling. Share your initial products with small audiences first. Gather feedback and refine before investing heavily in marketing or additional products. Build email lists immediately. Whether selling products or creating content, email subscribers represent your most valuable asset. They provide direct access to your audience, eliminating the need for social media algorithms to filter content. Focus on one stream initially. Entrepreneurs who attempt to launch multiple income streams simultaneously often fail to give any single approach adequate attention. Choose the approach that most excites you and execute it fully. The Revenue Reality Digital products usually take 3-6 months to generate meaningful revenue, and content platforms typically require 6-12 months to build a substantial audience for effective monetization. However, the compound effect makes these timelines worthwhile. A digital product that generates $500 monthly initially often grows to $2,000 or more monthly as you refine the offering and expand your audience. Content platforms follow similar trajectories—slow initial growth followed by accelerating returns. Entrepreneurs who achieve a five-figure passive income typically combine both approaches to achieve their goals. They utilize content creation to establish an audience and establish authority, then monetize that audience through digital products, allowing multiple revenue streams that reinforce each other. Beyond ChatGPT Prompts Use these ChatGPT prompts to generate initial direction and overcome analysis paralysis. Once you have a clear path forward, focus on the activities that create genuine value for your customers. This might mean conducting interviews to understand their biggest challenges, creating beta versions of your products, or engaging directly with your audience through comments and emails. The most successful passive income streams solve real problems for specific people. ChatGPT can help you identify these opportunities more quickly, but human insight and empathy ultimately determine whether your solutions resonate with your target market. Starting Today With ChatGPT Passive income isn't truly passive—it requires significant upfront work to create assets that generate ongoing returns. The entrepreneurs who succeed with passive income start before they feel ready. They use ChatGPT to overcome initial uncertainty, then take action despite imperfect conditions. Markets reward speed and iteration more than perfection. Use these ChatGPT prompts as starting points, not final destinations. The goal is to generate momentum that leads to fundamental customer interactions and genuine value creation. Your first product or content piece won't be perfect, but it will teach you everything you need to know about your market. That education becomes the foundation for building income streams that continue growing long after your initial investment of time and energy.
Globe and Mail
17-07-2025
- Business
- Globe and Mail
Fortune Brands Sets Date for Second Quarter Earnings Announcement and Investor Conference Call
Fortune Brands Innovations, Inc. (NYSE: FBIN or 'Fortune Brands' or the 'Company'), an industry-leading home, security and digital products company whose purpose is to elevate every life by transforming spaces into havens, will release second quarter 2025 financial results after the market close on Thursday, July 31, 2025. At 5:00 p.m. ET, Chief Executive Officer Nicholas Fink, Chief Financial Officer Jon Baksht, and Vice President of Finance and Investor Relations Curt Worthington, will host a conference call to discuss second quarter 2025 results. A live internet audio webcast of the conference call will be available on the Fortune Brands website at It is recommended that listeners log on at least 10 minutes prior to the start of the call. A recorded replay of the call will be made available on the Company's website shortly after the call has ended. About Fortune Brands Innovations Fortune Brands Innovations, Inc. is an industry-leading home, security and digital products company whose purpose is to elevate every life by transforming spaces into havens. The Company is a brand, innovation and channel leader focused on exciting, supercharged categories in the home products, security and commercial building markets. The Company's portfolio of brands includes Moen, House of Rohl, Aqualisa, SpringWell, Therma-Tru, Larson, Fiberon, Master Lock, SentrySafe and Yale residential. Fortune Brands is headquartered in Deerfield, Illinois and trades on the NYSE as FBIN. To learn more, visit
Yahoo
17-07-2025
- Business
- Yahoo
Dev Technosys Announces Top Ranking Among Leading Mobile App Development Companies
Dev Technosys ranks among top mobile app development companies, recognized for its innovative solutions and commitment to delivering impactful, scalable digital products Commerce, California, July 17, 2025 (GLOBE NEWSWIRE) -- Dev Technosys announces its ranking among the top mobile app development companies in a newly published global list, driven by the increasing demand for mobile app solutions. The mobile app market, valued at $522.67 billion and expected to reach $673.79 billion by 2027, continues to fuel growth in the sector. The ranking reflects Dev Technosys's consistent performance, technological expertise, and client satisfaction, positioning the company alongside industry leaders like Fueled, Hyperlink InfoSystem, Infosys, and Technosys Ranked 1st in the League of Top Mobile App Development CompaniesAlongside respected firms such as Fueled, Hyperlink InfoSystem, Infosys, and Wipro, Dev Technosys earned its position by demonstrating a strong track record in offering end-to-end services as a trusted mobile app development company. The evaluation criteria included industry experience, service range, client reviews, and the ability to deliver measurable business value. Established over 15 years ago, Dev Technosys has developed an impressive portfolio of mobile applications and enterprise solutions catering to startups, SMEs, and large organizations in industries such as healthcare, e-commerce, finance, logistics, and more. The company focuses on building custom digital solutions that help clients achieve business growth through user-centric technology. In addition to mobile app development, Dev Technosys has emerged as a reliable AI development company, delivering intelligent systems that streamline operations, enhance decision-making, and improve user experience. From chatbots and recommendation engines to smart analytics tools, the company supports businesses in integrating AI-powered features into their company has also made significant strides as a blockchain development company, offering services that include smart contract development, crypto wallet integration, NFT marketplace creation, and custom blockchain ecosystems. These decentralized solutions are designed to improve transparency, data security, and operational efficiency for businesses adopting Web3 technologies. 'This recognition is a result of our team's hard work, technical expertise, and unwavering focus on delivering value to our clients,' said Tarun Nagar, CEO of Dev Technosys. 'We remain committed to helping businesses adapt to the digital age with a clear path and trusted support.' Dev Technosys also enables companies to hire dedicated developers through flexible engagement models tailored to specific business needs. This allows startups and enterprises to scale efficiently, reduce time to market, and maintain full control over the development the demand for future-ready digital products continues to rise, Dev Technosys remains focused on providing the most scalable and impactful solutions as a full-stack technology partner in today's fast-evolving digital landscape. CONTACT: Tarun Nagar - CEO at Dev Technosys Dev Technosys +91 94686 31333 info@
The Sun
10-07-2025
- Business
- The Sun
I made £30K last month from my phone, without leaving the house & have no boss – anyone can do it & it's NOT OnlyFans
A YOUNG woman has claimed that she made £30,000 in just one month without leaving her house. But that's not all, as while Elizabeth, 23, had hoped to make an extra £1,000 more a month from her phone before starting her side hustle, she has since cashed in over £145,000 in just seven months - and no, it's not OnlyFans. 2 2 Not only this, but the savvy content creator revealed that thanks to her side hustle, you'll no longer have a boss and don't need any qualifications. Elizabeth, who previously left school with 'barely any GCSEs ' after being traumatised by bullies, took to social media to share more about how she generates an income, leaving many totally stunned. The red-haired beauty, who didn't go to university or college, acknowledged that seven months ago, she was 'broke' and living 'paycheck to paycheck.' Not only did she 'hate the 9 to 5', but she was fed up with 'constanting checking' her bank balance and Googling 'how to make money online' on her lunch break. As a result, Elizabeth decided to take matters into her own hands and change her life. Desperate to earn cash, Elizabeth discovered digital products - any product that is created, distributed, and consumed in an electronic format. Digital products refer to digital files that buyers can purchase and download instantly, such as printable art, digital planners, e-books, stock photos and more. Elizabeth 'took a chance' and 'decided to go all in', despite not having any 'business experience' or 'special skills.' She acknowledged that she had 'no idea' what she was doing, just a 'deep feeling that there had to be another way' she could earn a living. And now, Elizabeth is reaping the rewards, as it takes her just 30 minutes to create a digital product on Canva, which she can then sell on countless times for £67. I earn four figures in one day with a side hustle that makes money in the background She said: 'When I started, I had no idea what a digital product was, but a digital product is essentially anything that can be downloaded to a device, so an e-book, a guide, a planner, a template, an invitation, anything like that that gets downloaded to a device and sent to your email. 'I made over £30,000 last month from my phone with no experience, as someone as a total beginner.' I built a simple digital product, created a system that sells it for me, and now my business runs - even when I take the day off Elizabeth She also claimed: 'In total, over the past seven months, I've made over £145,000 - and I still work from home, on my own time, doing something I genuinely love.' The determined woman then revealed: 'I built a simple digital product, created a system that sells it for me, and now my business runs - even when I take the day off.' She claimed that it 'isn't a fluke' and she isn't 'just lucky,' but now, selling digital products has 'changed everything' for her. Not only is she able to 'live better' and able to have 'slow mornings" with her family, but she's also been able to pay for a flight for her twin sister to go to Thailand too. And that's not all, as well as not having a boss, Elizabeth now has the flexibility to do her side hustle from 'anywhere in the world.' Social media users react The TikTok clip, which was posted under the username @ digitalmarketinglib, has clearly left many open-mouthed, as it has quickly racked up 96,100 views in just 24 hours. Not only this, but it's also amassed 1,792 likes, 1,667 comments and 1,060 saves. Social media users were stunned by Elizabeth's earnings and raced to the comments, desperate for more information. Do I need to pay tax on my side hustle income? MANY people feeling strapped for cash are boosting their bank balance with a side hustle. The good news is, there are plenty of simple ways to earn some additional income - but you need to know the rules. When you're employed the company you work for takes the tax from your earnings and pays HMRC so you don't have to. But anyone earning extra cash, for example from selling things online or dog walking, may have to do it themselves. Stephen Moor, head of employment at law firm Ashfords, said: "Caution should be taken if you're earning an additional income, as this is likely to be taxable. "The side hustle could be treated as taxable trading income, which can include providing services or selling products." You can make a gross income of up to £1,000 a year tax-free via the trading allowance, but over this and you'll usually need to pay tax. Stephen added: "You need to register for a self-assessment at HMRC to ensure you are paying the correct amount of tax. "The applicable tax bands and the amount of tax you need to pay will depend on your income." If you fail to file a tax return you could end up with a surprise bill from HMRC later on asking you to pay the tax you owe - plus extra fees on top. One person said: 'Tell me please.' Another added: 'Yes please I need more info.'
Forbes
29-06-2025
- Business
- Forbes
Passive Income While You Sleep? Here's What Actually Works In 2025
Passive Income While You Sleep? Here's What Actually Works In 2025 Everyone wants to make passive income, but the reality is that making money while you sleep can feel more like a scam than a strategy. These days, the term passive income is thrown around often in conversation, but few people talk about how much work passive income requires. Passive income is never truly passive. It takes effort to set up, systems to run it, and a strategy to keep it going. However, note that passive income is still possible when you focus on the right strategy and leverage the right tools. Thanks to artificial intelligence (AI), automation, and digital platforms, there are more legitimate ways than ever to earn passive income. The idea that you don't need to be hands on with your passive income is a myth. In 2025, passive income is less about making money while you sleep and more about setting up the right strategy early. Passive income has evolved beyond real estate and dividend stocks and there are now new paths like digital products and YouTube channels that are worth exploring. What Makes Passive Income Work in 2025 The most successful passive income streams are built on automation and leveraging technology. When you systematize your passive income stream, the more truly passive your income becomes. But systems alone won't help you if your offer lacks value. In 2025 trust is currency. People buy from creators and brands they trust, so your passive income strategy must be solving real problems and helping your audience. It's important to understand that what worked last year might not work this year. Stay current to SEO trends, algorithm changes, and shifting consumer habits to stay profitable. Passive Income Streams That Still Work in 2025 Not all passive income is created equally, and the right passive income strategy for you depends on what you want and how it will support your lifestyle. Here are some ideas on what is still working in 2025: YouTube has exploded in popularity in 2025, offering a low-visibility way to earn income through ad revenue, sponsorships, and affiliate links. With AI tools handling everything from scripting to voiceovers to editing, it's easy to launch a channel. However, success still requires upfront effort like choosing a niche, developing a strong content strategy, and staying consistent. It's not a get-rich-quick scheme, but it is a scalable model for generating passive income over time. Rental income continues to be a solid passive income stream in 2025, especially with the ongoing demand for short-term rentals through platforms like Airbnb. For those who want a more hands-off experience, co-hosting or using property management services can turn even a real estate hustle into a near-passive income stream. Owning assets that generate recurring revenue is still one of the smartest wealth-building plays. Digital products like eBooks, templates, and online courses remain one of the most popular passive income streams in 2025, due to their low overhead and their ability to scale. And with AI tools like ChatGPT, Canva, and course builders, you can cut down creation time and streamline your content. You can build once and sell infinitely. However, market saturation is real, so success depends on niching down, offering real value, and creating standout branding. For creatives, licensing offers a passive income opportunity where you create once, sell repeatedly. Platforms like Shutterstock allow artists to upload their work and earn royalties every time it's used. While competition is stiff, success comes from consistently uploading quality content and focusing on niches with ongoing demand, like business, education, and tech. Print-on-demand services are still viable in 2025, but only if you do it right. Generic designs and copy-paste stores won't cut it. To stand out, you need strong brand differentiation, targeted messaging, and unique products that speak to a specific audience. There are platforms like Printful that make it easy to launch without holding inventory, while AI tools can help generate design concepts, product mockups, and even store copy. Fulfillment is automated, which makes the model appealing, but success depends on strong marketing and a clear brand voice. Affiliate marketing is still going strong in 2025, especially for those who build trust-based content through newsletters, blogs, YouTube channels, or niche review sites. The key is authenticity as audiences are more skeptical than ever. Your recommendations need to be genuine and helpful. With the right strategy and smart tech, affiliate marketing can be a reliable source of ongoing income without constantly creating from scratch. The bottom line is that in 2025 passive income is still thriving. The real winners are those who combine strategy with smart systems, focus on value, and stay flexible as technology and markets change and evolve. Just remember, passive income isn't effortless, but it is worth the effort.
