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The exciting new chapter of ChatGPT Store

OpenAI has recently rolled out an innovative addition to ChatGPT Plus, Team, and Enterprise: the GPT Store. This new feature is a game-changer, enabling users to effortlessly create and distribute their own GPT models within a community-driven environment, all without needing any coding expertise.

The GPT Store is integrated within the ChatGPT client, making it easily accessible for premium users. It features the GPT Builder tool from OpenAI, which simplifies the model creation process by allowing developers to describe the functionalities they want in straightforward language.

OpenAI is also gearing up to launch a revenue program for GPT builders in the U.S. during the first quarter. This program is designed to let creators earn money based on how much people interact with their custom GPTs.

The potential here is massive. Consider OpenAI's remarkable achievement: garnering over 100 million daily active users within just a year of launching ChatGPT. Developers have a great opportunity to tap into this vast user base. Imagine the possibilities – if just 1% of these users were to subscribe to a custom GPT agent for a small monthly fee, the financial upside could be huge. This underscores not just the commercial potential of the platform but also the transformative impact of community-driven AI development.

Why should you build your own GPTs?

Building your own GPT unlocks exciting possibilities:

• Create a virtual assistant personalized for you.

• Automate repetitive tasks like responding to emails.

• Develop AI to enhance your business offerings.

In this guide, you'll discover the steps to create your own GPTs and don’t worry if you’re not a coder. The method is straightforward, user-friendly, and available to all ChatGPT Plus users. Let’s dive in!

Getting ready to craft your own GPT

Before we start, let's outline what you need to create your GPT. You'll require a ChatGPT Plus or Enterprise account, as custom GPT creation isn't available for free accounts yet. Here are some key points to note:

Identifying your objectives

Before jumping into the creation process, it's crucial to have a clear understanding of what you want to achieve with your custom GPT. Consider these questions to guide your planning:

• What tasks do you envision your GPT handling? Think about applications like managing emails, handling data analytics, or generating content.

• What kind of personality and tone do you want your GPT to have? It could range from formal and professional to laid-back or even humorous.

• Are there specific data sources or APIs you'd like to integrate? Incorporating real-time data can significantly enhance the functionality of your GPT.

Having a clear set of goals will help you tailor your prompts more effectively, ensuring your GPT is perfectly aligned with your intended purposes.

How to create your own GPT: a 5-step guide

Want to create your very own custom GPT? Follow these five simple steps:

1. Click on 'Create a GPT'

To begin, navigate to the 'MyGPTs' section and select it on the ChatGPT platform. This will open a new window for creating your custom GPT Agent.

Inside the 'My GPTs' window, locate and click on 'Create a GPT' to access the GPT creation interface.

This is where the magic begins!

The interface will prompt you to name your GPT and start inputting examples of how you'd like your GPT to behave.

2. Prompt the GPT builder

Imagine we want to develop a GPT specialized in accounting standards, designed to assist accountants and auditors. Let’s prompt this to GPT Builder:

“Create a GPT expert in International Financial Reporting Standards (IFRS) to assist professionals in financial statutory, regulatory reporting, and compliance.”

3. Naming and visualizing your GPT

Next, the GPT Builder will suggest a name and profile picture for your GPT. It utilizes the capabilities of DALLE-3 to generate the image, offering a visual representation. You’ll have the opportunity to review and confirm these suggestions, ensuring they align with your vision for the GPT.

4. Setting up your custom GPT

Head over to the “Configure” tab at the top of the page. Here, you'll find some pre-set instructions and example questions to kickstart interactions. Feel free to modify these to better suit your needs.

Just below, there’s a section labeled “Knowledge.” This is where you can upload documents that your GPT will use as reference material for its responses. For our accounting expert GPT, let’s upload a comprehensive 150-page PDF document on “IFRS-17 Insurance Contracts.”

There you have an uploaded file:

5. Publish

Finally, to bring your GPT to life, just hit the save button located in the top right corner of the screen. This action publishes your custom GPT.

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Testing our Custom GPT

To see it in action, I asked two different questions. Impressively, the responses provided by the GPT were accurately derived from the PDF document we had uploaded earlier.

Enhancing GPTs with advanced integrations

Boost the functionality of your GPT by integrating it with external APIs. This can be done through the “Actions” tab located in the “Configure” section. Such integrations allow your GPT to extend its capabilities beyond the ChatGPT environment. It can fetch real-time data through APIs, interact seamlessly with other software and digital tools, and offer more dynamic and functional responses.

To see these integrations in action, check out this YouTube video, especially its second part, which showcases how to set up custom APIs for your GPT.

Promote your agent

Now's the time to get the word out about your custom agent. Focus on its unique problem-solving abilities. Use various marketing strategies to show potential users why your agent is the answer they need and highlight what makes it special.

Thanks to the straightforward setup offered by MyGPT, getting started is easy. But remember, the ChatGPT store is likely to get crowded with all sorts of agents, from the truly innovative to the not-so-useful. That's why it’s crucial for your agent to really stand out.

Ideas for profitable ChatGPT agents

While OpenAI already builds agents, you need to think of smart to build something innovative.

Here are some free and profitable ideas where you can use MyGPT to build agents to make you richer:

• Stock Broker Agent: You can make a stockbroker agent skilled enough to provide investment advice. The exclusive feature it offers users is the option to invest their money automatically when connected to APIs like Alpaca.

• AI Personal Trainer: You can build an AI Personal trainer to motivate users to get in shape by delivering daily fitness reminders. You can make the process creative and engaging to add a unique touch.

OK, these ideas may not be groundbreaking, but hey, they're a start-and they're free! 🙂 To really hit the jackpot with your custom GPT, taking inspiration from existing, profitable AI SaaS projects might be the way to go. Let's explore some of these successful companies for ideas.

Final thoughts: your path to success with ChatGPT Store

Great job! You're all set to make the most of the ChatGPT store. If you build a really useful agent, you could be leading the market soon.

ChatGPT and GPTs open up a huge world of possibilities for anyone who wants to use AI. You don't need to be a tech expert to get involved. This tutorial showed you the easy steps to make your own GPTs, using the simple tools ChatGPT offers.

Just keep an eye on new trends and tech updates. If you've got a good idea or a useful API, and you know what the market wants, you could make a good income from this.

Your custom GPT could do many things, like making tasks easier, being a personal assistant, or helping your business. It's all about your ideas. So, go ahead and start making and selling your GPT agents. Good luck, and here's to a successful and exciting journey!

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