Getting error when doing dbt init new_project

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The problem I’m having

I am getting error when initializing a brand new project using dbt init <project_name>

What I’ve already tried

Some example code or error messages

19:30:41  Traceback (most recent call last):
  File "/Users/mehrots/Documents/utilities/adhocs/venvdbt/lib/python3.11/site-packages/dbt/cli/requires.py", line 138, in wrapper
    result, success = func(*args, **kwargs)
                      ^^^^^^^^^^^^^^^^^^^^^
  File "/Users/mehrots/Documents/utilities/adhocs/venvdbt/lib/python3.11/site-packages/dbt/cli/requires.py", line 101, in wrapper
    return func(*args, **kwargs)
           ^^^^^^^^^^^^^^^^^^^^^
  File "/Users/mehrots/Documents/utilities/adhocs/venvdbt/lib/python3.11/site-packages/dbt/cli/main.py", line 470, in init
    results = task.run()
              ^^^^^^^^^^
  File "/Users/mehrots/Documents/utilities/adhocs/venvdbt/lib/python3.11/site-packages/dbt/task/init.py", line 320, in run
    profile_name = self.get_profile_name_from_current_project()
                   ^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^
  File "/Users/mehrots/Documents/utilities/adhocs/venvdbt/lib/python3.11/site-packages/dbt/task/init.py", line 141, in get_profile_name_from_current_project
    return dbt_project["profile"]
           ~~~~~~~~~~~^^^^^^^^^^^
TypeError: 'NoneType' object is not subscriptable