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How to Turn a $10K Investment into a $10M/Year Business with AI-Generated Cricut Designs
Cricut. If you haven’t heard of it, you might be living under a rock — or maybe you’re just not into crafting. But trust me, it’s a big deal. Cricut is like a tabletop CNC machine that allows crafters to cut, draw, and create intricate designs with ease. Think of it as a high-end tool for scrapbooking, custom T-shirts, mugs, home decor, and more. And it’s an industry that’s not just huge — it’s worth billions. Yet, it’s one of those markets that flies under the radar.
What makes Cricut similar to printer companies is their business model. They sell you the high-ticket cutting machine, and then they keep you coming back for materials, accessories, and design files. And let’s talk about those design files — SVGs (Scalable Vector Graphics). This is where the real gold mine lies and where you, yes you, can make serious money with the help of AI.
The AI-Powered SVG Side Hustle
The idea I’m exploring is to build a subscription service that provides unlimited SVG designs for Cricut users. Before we dive in, let’s set the stage: SVG files are the digital designs that Cricut machines use to cut out intricate patterns on vinyl, paper, fabric, and other materials. These files are the lifeblood of any serious Cricut user.