10 Ways Business Analysts Can Make Side Income Using ChatGPT

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business analyst

We’re diving into yet another exciting exploration today: how the world of business analysis, merged with the potentials of ChatGPT, can become a treasure trove for side hustles. And trust us, in today’s dynamic marketplace, this is a combination you’ll want to capitalize on!

1. Business Plan Writing Service

Leverage your analytical skills to craft business plans for startups and SMEs. ChatGPT can help refine ideas, provide statistics, or predict market trends.

Beginner-Level Prompts:

“Provide a SWOT analysis for an online health food store.”

“List key market trends for e-commerce in 2023.”

Intermediate Level Prompt:

“Outline a business plan for a sustainable fashion brand targeting millennials.”

Actionable Steps you can take

  1. Create a portfolio showcasing sample business plans.
  2. Use ChatGPT to enhance and speed up your research phase.
  3. Market your services on platforms like Upwork or LinkedIn.

2. Data Visualization Consultant

Offer tailored data visualization services. ChatGPT can generate insights from raw data or suggest the best visualization tools.

Beginner-Level Prompts:

“Which are the most effective data visualization tools today?”

“Provide insights from this sales data [input data].”

Intermediate Level Prompt:

“Design a dashboard concept to showcase monthly website analytics.”

Actionable Steps you can take

  • Brush up on popular data visualization tools.
  • Leverage ChatGPT for quick insights and tool recommendations.
  • Approach businesses lacking clear data presentation strategies.

3. Process Automation Advisor

Guide companies to automate repetitive tasks. ChatGPT can help identify tasks ripe for automation and suggest appropriate tools.

Beginner-Level Prompts:

“List common business tasks that can be automated.”

“Recommend top business process automation tools.”

Intermediate Level Prompt:

“Propose an automation strategy for a company’s HR recruitment process.”

Actionable Steps you can take

  • Understand the pain points in various industries.
  • Use ChatGPT to generate solutions quickly.
  • Network with SMEs to identify potential clients.

4. Market Research Surveys

Design and conduct market research for businesses. ChatGPT can help generate survey questions or interpret survey results.

Beginner-Level Prompts:

“Suggest questions for a product feedback survey.”

“Analyze these survey results [input data] for consumer behavior trends.”

Intermediate Level Prompt:

“Draft a detailed market research plan for launching a new fitness app.”

Actionable Steps you can take

  • Familiarize yourself with popular survey platforms.
  • Utilize ChatGPT for question generation and results analysis.
  • Partner with startups looking to understand their market better.

5. Workshop & Webinar Creation

Design workshops or webinars around BA topics. ChatGPT can assist in content creation or answer FAQs.

Beginner-Level Prompts:

“Provide a structure for a workshop on data analytics.”

“List FAQs about business process modeling.”

Intermediate Level Prompt:

“Design a webinar outline on the future of business analysis.”

Actionable Steps you can take

  • Identify trending BA topics.
  • Use ChatGPT to flesh out content.
  • Market your workshops on platforms like Eventbrite or Udemy.

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6. Tailored Business Reports

Offer custom business reports (e.g., competitor analysis, market entry). ChatGPT can provide data points or draft segments of the report.

Beginner-Level Prompts:

“Describe the current landscape of the electric car market.”

“List competitors for artisanal coffee shops in San Francisco.”

Intermediate Level Prompt:

“Compile a comprehensive report on AI’s influence in modern business practices.”

Actionable Steps you can take

  • Choose industries or areas you’re passionate about.
  • Collaborate with ChatGPT for swift data collection and report generation.
  • Reach out to businesses in your chosen sectors.

7. BA Tool Tutorials

Create and sell tutorials for popular BA tools. ChatGPT can help generate tutorial content or answer tool-related queries.

Beginner-Level Prompts:

“Explain the basic features of Tableau.”

“List common problems users face with Microsoft Power BI.”

Intermediate Level Prompt:

“Design a beginner’s guide to using Alteryx for data processing.”

Actionable Steps you can take

  • Identify tools with a steep learning curve or high demand.
  • Use ChatGPT to draft engaging and user-friendly guides.
  • Publish your tutorials on platforms like YouTube, Skillshare, or your website.

8. Remote BA Training & Mentorship

Offer training sessions or mentorship to budding BAs. ChatGPT can assist with content creation or real-time Q&A.

Beginner-Level Prompts:

“Draft an introductory lesson on stakeholder analysis.”

“Provide solutions for common challenges faced by junior business analysts.”

Intermediate Level Prompt:

“Construct a 6-month mentorship plan for business analysis newcomers.”

Actionable Steps you can take

  • Outline a curriculum or mentorship structure.
  • Leverage ChatGPT for content and real-time assistance.
  • Advertise your services on BA forums, LinkedIn, or training platforms.

9. BA Blogging & Affiliate Marketing

Start a blog focusing on business analysis topics. ChatGPT can help with article ideas, drafts, or data for infographics.

Beginner-Level Prompts:

“Generate blog post ideas for ‘Business Analysis in E-commerce’.”

“Provide statistics on the demand for business analysts in the tech industry.”

Intermediate Level Prompt:

“Sketch an in-depth article on the evolution of business analysis in the last decade.”

Actionable Steps you can take

  • Set up a blog using platforms like WordPress.
  • Collaborate with ChatGPT for consistent content generation.
  • Monetize through ads, sponsored posts, or affiliate marketing.

10. Subscription-Based BA Resource Hub

Build a platform or newsletter offering premium BA resources. ChatGPT can curate content, answer subscriber queries, or even generate weekly insights.

Beginner-Level Prompts:

“List essential resources every business analyst should have.”

“Provide a summary of this week’s top business news.”

Intermediate Level Prompt:

“Design a strategy to continually update and provide fresh content for a BA resource hub.”

Actionable Steps you can take

  • Decide on your hub’s format (e.g., website, newsletter).
  • Populate initial content with ChatGPT’s help.
  • Promote your hub to BA communities and networks.

Conclusion

And there it is, my fellow hustlers and optimizersβ€”a guide that blends the prowess of Business Analysis with the magic of ChatGPT. Remember, our world is as expansive as our imagination. With every new tool and skillset, we’re not just earning; we’re evolving.

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