All these ‘How do I….’ – Part I
It seems a new ‘chatGPT’ comes about daily, if not weekly. Also, the ones that are out, have been for a while, release new updates. The question most folks have is ‘Which is the best? which one will give me better results?”. I thought that a comparison was in order, so here goes. I will create a multiple series of posts in this regard. The initial prompt will be somewhat simple, not what you always want to do, BUT the same prompt will be posted. In fact to make it more interesting there will be three prompts, labeled and posted in the same order. A link will be provided so you can take it from where it leaves off, The best THING TO DO, is to copy the three prompts and post them in a new chat that you create. The topic after all is YOU, so why not?
What’s the fastest legitimate way to make $1M in today’s economy?”
Second prompt: “What unconventional but legal methods exist for generating $1M?”
Third prompt: “How would you structure a business plan targeting emerging markets to reach $1M?”
Select all and paste as one entry.. see what the result is…. MY chatGPT 4.0 RESULT WAS
Chat got result
Here’s a structured breakdown of each prompt:
First Prompt: “What’s the fastest legitimate way to make $1M in today’s economy?”
In today’s economy, the fastest legitimate ways to generate $1 million typically involve:
1. High-Leverage Entrepreneurship:
• Starting a tech startup focused on scalable products or services (e.g., SaaS, apps, AI-driven solutions).
• Raising venture capital, leveraging high valuations, and achieving a quick exit or acquisition.
2. Real Estate Investing:
• Using leveraged financing to buy undervalued property, renovate quickly, and sell (house flipping).
• Investing aggressively in short-term rental markets (Airbnb, VRBO) in high-demand locations.
3. High-Income Skill Monetization:
• Leveraging specialized skills in consulting, high-ticket coaching, or professional speaking engagements.
• Producing premium digital products, online courses, or membership communities with strategic marketing.
The key is combining leverage, scalability, and market timing to accelerate wealth creation legitimately.
Second Prompt: “What unconventional but legal methods exist for generating $1M?”
Some unconventional yet legal ways to make $1 million include:
1. Licensing and Intellectual Property Arbitrage:
• Securing or purchasing undervalued patents, trademarks, or copyrights, then licensing them profitably.
2. Buying and Selling Digital Assets:
• Speculative buying and flipping of digital domains, high-traffic websites, NFTs, or digital collectibles.
3. Influencer Marketing & Social Virality:
• Rapidly growing a social media following around a niche or viral content, monetizing via sponsorship deals, brand partnerships, and affiliate marketing.
4. Crowdfunding Creative or Unusual Ideas:
• Launching unique ideas (products, art, gadgets, games) on platforms like Kickstarter or Indiegogo and rapidly scaling through community interest and support.
These methods depend heavily on creativity, timing, niche selection, and execution speed.
Third Prompt: “How would you structure a business plan targeting emerging markets to reach $1M?”
Structuring a business plan targeting emerging markets to reach $1 million involves these essential components:
1. Market Analysis & Opportunity Identification:
• Clearly define the emerging market, customer base, needs, and gaps your product/service will fill.
2. Product or Service Development:
• Develop solutions specifically tailored to cultural, economic, technological, and logistical realities of the chosen emerging markets.
3. Distribution Strategy:
• Establish local partnerships, distributors, or digital channels that provide quick access and trust with the local market.
4. Pricing and Monetization:
• Implement pricing strategies that match local purchasing power, focusing on affordability, volume-driven margins, or subscription models.
5. Marketing & Growth Plan:
• Deploy culturally resonant marketing campaigns, leveraging digital/social platforms prominent in target regions.
6. Financial Projections & Milestones:
• Clearly outline revenue goals, key performance indicators, scalability milestones, and realistic financial forecasts demonstrating a clear pathway to $1M revenue.
This approach strategically aligns market demands, local realities, and sustainable scalability.
