How to Get Rich as a Therapist? (24 Proven Ways in 2022)

How to Get Rich as a Therapist? (24 Proven Ways in 2022)

Are you a therapist who is looking to get rich? If so, you're in luck! There are many ways to become wealthy as a therapist.

This blog post will discuss the best ways to make money as a therapist. So, whether you are just starting out in your career or have been working as a therapist for many years, read on for some valuable tips on getting rich!

1. Start a podcasting business ($65K/month)

Podcasting businesses often state as a hobby. You publish a few episodes and posts, and soon you will start getting engagements from interested parties.

However, to earn money from your podcasting business, you need to put a lot of effort and time into producing quality shows that address your audience's concerns.

To grow your podcast business, ensure regular publishing, which brings better growth, more listeners to your channel, and a higher income.

Here is a list of steps to help you transition the podcast from a hobby to a full-time podcast business:

  • Ensure a focused effort and adjust the tone to each podcast episode
  • Make podcasting your priority
  • Focus on building
  • Grow a mailing list
  • Aim at building a trusted brand
  • Develop a long-term growth and marketing plan

How Much Can You Make?
$5,000 — $150,000/month
Average Initial Investment
$33,433
Skills

Case Study

Hey! My name is Marti Sanchez and I am the CEO of Influence Podium. We help B2B CEOs get placed on podcasts their target audience listens to and repurposes those episodes into LinkedIn or Twitter content to grow their personal brand and drive inbound.

We just crossed $30k MRR and are looking to hit seven figures by the end of the year. We’re a young company in our 3rd year in business, and completely self-funded.

how-i-started-a-30k-month-personal-branding-content-service-for-b2b-ceos

2. Become an ebook writer

How Much Can You Make?
$17,000/month
Time Commitment Per Week
Min. 3 hours/week
Skills
Interests

Case Study

In the year 2016, we had negligible revenue from the blog but the blog has grown substantially since then. Our average revenue is about $17K per month. Our gross profit margin is about 80% since we maintain a very small team and there are no physical products. Our target is to achieve 100% revenue growth by the end of next year.

how-i-started-a-17k-month-business-selling-project-management-ebooks-and-courses

3. Become a real estate agent ($350K/month)

Real estate agents are professionals who assist clients in marketing and selling their properties. They also assist the buyers in purchasing properties. Their services include meeting clients, advising them about market conditions, and providing guidance through the process of buying or selling properties.

A real estate career can be financially rewarding. However, the work requires good management skills, organization skills, customer service, handling complex paperwork and socially promoting yourself.

The pros of becoming a real estate agent include earning extra commission from clients and also setting your own working hours.

How Much Can You Make?
$5,000 — $1,500,000/month
Average Initial Investment
$27,500
Time To Revenue
300 days
Skills
Business model
Work from home

Case Study

My name is Grigory Pekarsky and I own a residential real estate company called Vesta Preferred.

We consistently grow at a 20% pace and this year we are on pace to write 1000 new leases and sell over $120m in real estate.

4. Start an educational website business

How Much Can You Make?
$10,000/month
Skills

Case Study

My name is Neil Granberry and I am the co-founder of Cottage Software alongside my friend, Hunter Hodnett, who founded the business. Cottage helps web designers and developers turn designs into code fast and affordably via a tech platform powered by learning developers.

Right now we’re making $25,000 per month as a tech-enabled agency of just two people. Our success is proving our product’s value as we begin to sell the product directly to web design and development agencies.

how-two-college-friends-started-a-25k-month-on-demand-development-business

5. Start a youtube channel

For anyone looking to start a successful YouTube channel, there are plenty of YouTube channel success stories that can be used as inspiration and encouragement. YouTube has an established monetization system and boasts incredible popularity, making it a potential platform for revenue generation.

In this article, we'll look at different approaches you can use to help promote your channel and grow your viewers. While there's no quick and easy way to success, you can take these tips to build your own YouTube Channel Success story. If you love content creation, you can capitalize on YouTube`s popularity to earn an extra income.

If you are looking to join the Youtube partner program to monetize your channel, you will need to reach a minimum of 1,000 subscribers and 4,000 watch hours in the previous 12 months.

How Much Can You Make?
$800 — $4,500,000/month
Average Initial Investment
$1,966
Time Commitment Per Week
Min. 5 hours/week
Skills
Interests

Case Study

I am Chhavi, the founder and owner of the blog and YouTube channel Mrs Daaku Studio along with my husband Amit.

Our blog, YouTube channel, and products are designed to help you achieve what we have (...and, more).

how-this-couple-makes-5k-month-generating-content-about-ways-to-make-money-online

6. Start a garage sale business

How Much Can You Make?
Skills

Case Study

Hi there, My name is Susie Q Aranda and I’m the owner of Garage Gym Barbell Apparel. I design pretty things for strong women right in my garage. Providing tees, leggings and more for women of all sizes including our stronger plus size lifters. In addition, I also offer free garage gym workouts to follow at home and if you’re local; in person only women strength classes.

I believe that anyone, anywhere, at any level is capable of starting or continuing their fitness journey…even in their home garage! That's where Garage Gym Barbell began and has continued to grow.

how-i-started-a-7k-month-women-s-gym-apparel-business-from-my-garage

7. Start an online fitness business ($15.8K/month)

Thinking of starting an online fitness business?

Online fitness is growing rapidly in popularity because it's convenient, affordable, and accessible to everyone. The best part is that you don't have to leave your home to start.

Starting an online fitness business can be a great way to make money and help people. When you start an online fitness business, you don't have to worry about overhead costs like rent or maintaining a physical location - all you need is a computer and internet connection to get started.

How Much Can You Make?
$2,000 — $108,333,333/month
Average Initial Investment
$29,925
Skills

Case Study

I was once just an out of shape, overweight guy with a goal to make a change. I started my health and fitness journey by losing 90lbs. The discipline and drive it took to go from never exercising at all to achieving such significant weight loss taught me a lot about goals and how to attain them.

TeamFFLEX is my online personal training platform that coaches athletes, Hollywood actors, professional musicians and everyday people all around the world. Starting with literally 0 dollars and a hell of a lot of drive I successfully built my business into the 6 figures in less than a year. Today, TeamFFLEX LLC does $48,000 a month and is growing continually month after month.

how-i-started-a-48k-month-business-with-an-online-fitness-training-service

8. Start an event planning business ($92.5K/month)

Event planners handle different tasks related to making the business a success. Some of the event planner's responsibilities include:

  • Conducting research
  • Creating the event design
  • Finding an ideal site
  • Arranging for food, décor, and entertainment
  • Planning logistics to and from the event
  • Sending invitations
  • Supervising at the site etc

The events industry has grown enormously in the past year. According to research, consumers’ appetite for outdoor events is on a rising trend and will not slow anytime soon. Therefore, setting up an outdoor event planning and management company can be a lucrative business event.

How Much Can You Make?
$35,000 — $400,000/month
Average Initial Investment
$19,725
Time To Revenue
240 days
Skills
Business model

Case Study

Hello, I am Akshay Patel from Albuquerque, NM the land of enchantment. I started an event rental and decor company that led me to an event venue. The View Event Center is a lavish space that is an indoor and outdoor event venue with panoramic city views. Our high-end venue with experienced staff will assist from venue decor to the smallest details entailed in making memories of a lifetime. Simply Decor, Tents, and Events ensures exclusive decor and thrives to bring your event to life through customized, elegant decor for all of their clients.

The full-service company will individually work with every client to design their event that will intrigue every eye in the room. Our company is broad that we get many different types of customers and we make many great connections with them as well. The company was making upwards of $380,000 a year.

how-i-started-a-35k-month-event-decor-business

9. Start a story blogging business

How Much Can You Make?
$1,500 — $75,000/month
Time To Revenue
240 days
Skills
Business model
Work from home

Case Study

Hello! My name is Michelle Schroeder-Gardner, and I run Making Sense of Cents, a personal finance and lifestyle website that helps readers earn more, save more, and live more.

I earn around $100,000 a month from Making Sense of Cents and have made over $5,000,000 from it over the years. Much of it is profit, as my expenses are extremely low. I am the only full-time employee of my business, but I do outsource some work. I have a virtual assistant, an editor, and a technical manager.

how-i-started-a-100k-month-blog-about-personal-finance

10. Become a blogging coach

Are you a successful blogger looking for new ideas or a starter looking for how to make money online? How about becoming a blogging coach?

Start by creating blogging courses in any field, and teach your audience different blogging tips.

Blogging coaches teach different topics, including but not limited to:

  • How to build successful business blogs
  • Tips for choosing successful blog topics
  • How to optimize conversions
  • Repurposing and promoting blogs online

With businesses and individuals embracing blogging as a content marketing strategy, there will be demand for blogging coaching. Therefore, with the right strategy, you stand a great opportunity to make huge profits from the business.

How Much Can You Make?
$8,000 — $68,000/month
Average Initial Investment
$216
Skills

Case Study

My name is Tracie Fobes and I run a blogging education and coaching business.

There is no greater joy than doing what you love and seeing the money roll in.

how-i-started-my-10k-month-blogging-education-and-coaching-business

11. Start a social media marketing agency ($317K/month)

Whether you want to clear your utility bills, finance your college education or save for a vacation, a social media marketing agency is one of the best ways to earn extra income. The advantage is that you do not need to commit so much time to automate using social media marketing tools. All you need to do is develop a good social media marketing strategy that will enable you to serve customers efficiently. Besides, you need to create an agency portfolio to market your services to target customers.

How Much Can You Make?
$10,000 — $2,400,000/month
Time Commitment Per Week
Min. 30 hours/week
Skills
Interests

Case Study

My name is David Tile. I own and operate a Content Writing Service, under the banner Article-Writing.co.

We don’t consider ourselves a content marketing firm. But a firm dedicated to the business of writing. Project management offers most often attached to marketing agencies. We work against marketing briefs delivering content on time and under budget.

how-i-started-a-80k-month-content-writing-business

12. Start a digital ebook business

How Much Can You Make?
$100,000/month
Skills

Case Study

Steph Perez is the founder of YaGirl Steph Perez. She is a live digital business mentor, coach & guide.

Steph made over $26k in just one week through her consulting business.

Her company provides digital business training for indie entrepreneurs seeking to turn their passions, interests, expertise, and experiences into six-figure bank deposits.

With all the expertise she possesses, Steph primarily focuses on assisting women in achieving financial independence, working toward their objectives, and becoming successful business owners.

article

Watch the full video on youtube.com ➜

13. Start a proofreading service ($1.2K/month)

How Much Can You Make?
Skills

Case Study

I’m Sara Davies, founder of Prooftheword, a complete editing and proofreading site that gives customers the ultimate editing service for any document. I’m a sole trader, so I work alone. All the editing and proofreading is done by me, along with everything else. I sort out my invoices, do my own accounts, file my own tax returns – everything.

My editing skills are excellent, which is my main selling point. People come to me because they know I will do a great job! I have a wide range of customers, from students to book writers and regular magazines. My work has grown over the years and, while I’m not making millions, I regularly take home around £1,200 a month.

how-i-started-a-1-2k-month-editing-and-proofreading-service

14. Start an etsy business

If you are an artist and looking for ways to turn your skills into revenue, Etsy is the platform for you. Etsy is a marketplace for artists and can bring in extra income or even replace your current job. You can create art pieces and create a successful Etsy shop. Once your Etsy shop is online, consider joining a team to help you learn the basics of Etsy and also learn how to market stuff on Etsy.

How Much Can You Make?
$100 — $110,000/month
Average Initial Investment
$5,533
Time To Revenue
180 days
Time Commitment Per Week
Min. 3 hours/week
Skills
Interests
Business model

Case Study

My name is Sasha Weekes and I’m the 25 years old owner of Timber Grove Studios. Our home-based woodshop is nestled in the hills of PEI’s countryside, and we specialize in decorative shelving and home decor with a focus on minimalist design and simplicity. Each piece is made to order with 20+ color options, meaning it will be the perfect fit for each customer's space. We ship Canada and U.S. wide.

Moving twice in two years has definitely caused organizational, financial and opportunity hiccups, but the business has grown steadily regardless so we’re very excited about where 2020 will take us. We’ve learned what to focus on during which months, as revenue can range anywhere from $2000 during slow months to $10,000 during high months. Net profit has run anywhere between 20-50% throughout the life of the business and varies month to month. It’s closer to 20% right now as we’ve been spending all we can on new tools and materials for our new larger products and our Christmas stock.

how-i-took-my-woodworking-hobby-full-time-to-build-a-successful-brand

15. Start a blogging tips website

How Much Can You Make?
$10,000 — $100,000/month
Skills

Case Study

Hi there! I’m Deyan Georgiev and I’m one of the founders of Techjury.net. If you haven’t heard of it, this means I have more work to do.

Although this strategy led to a (very) slow start, we are now making $30,000/month in revenue. This was achieved by a very small team that today consists of 13 people. We help over 200,000 people a month find the best software and products for them, their families, and their business.

i-left-my-dead-end-job-and-now-make-360k-year-reviewing-software-and-gadgets

16. Start a photo printing business ($521K/month)

How Much Can You Make?
$27,400 — $1,500,000/month
Average Initial Investment
$5,075
Time To Revenue
180 days
Skills
Business model

Case Study

Hello, my name is Jainam Shah, and I am one of the founders of CanvasChamp. We make a variety of custom photo products for home decor and gifting purposes, most notably canvas prints, acrylic and metal prints. We have a lot many other products already launched and soon will introduce even more.

We started in March 2012, with just custom canvas prints and now have more than 60+ personalized photo gifts products with revenue of 1.5m$+/mo. We still have a long way to go with the potential of scalability and growth.

how-we-started-a-1-5m-month-custom-canvas-prints-business-online

17. Start a learning management app business

How Much Can You Make?
$83,333/month
Skills

Case Study
  • Chris Sukornyk and Candice Faktor co-founded Disco, an all-in-one platform for knowledge creators and organizations to build their live learning empires.
  • The platform unites various tools to create a premium and seamless learning experience for students, and a best-in-class scaling experience for creators of live learning domains is what Disco strives to provide.
  • Started in August 2020, the company registered its first revenue in 2021.
  • The co-founders raised initial capital of $750,000 through friends and family, and $5M pre-seed funding in 2021.
  • The company recently closed a $15 million Series A funding round led by GSV Ventures.

article

Watch the full video on youtube.com ➜

18. Start an online course creation business

If you are looking for a passive income, starting an online course could be perfect. Whatever your background, there is something you could start teaching online and earn a passive income. All you need to start an online course is patience, imagination, and an enabling eLearning platform where you can connect with the relevant audience.

Online courses may take time and require a lot of effort to start selling. However, once your audience finds the content resourceful, they start sharing and recommending it through their network. Remember, creating an online course could take longer than you expect, hence the reason to remain focused and give your best.

How Much Can You Make?
$1,666,666/month
Skills

Case Study

Shaan Patel is the founder and CEO of Prep Expert, a test preparation platform that provides online SAT and ACT prep courses.

He founded the firm from his dorm room eight years ago with just $900 left over from his undergraduate scholarships.

His SAT and ACT prep classes, books, and licensed items have already brought more than $20 million in sales. In 2016, he pitched Prep Expert on ABC's "Shark Tank" and secured an investment from billionaire entrepreneur Mark Cuban.

He spent no money on marketing during the first five years of starting Prep Expert. Despite this, the company's sales doubled yearly based on word-of-mouth marketing.

The SAT prep classes offered by Prep Expert increased the students' SAT scores by hundreds of points. As a result, parents would refer it to other parents, enabling this company to grow quickly and for free.

When he first founded Prep Expert, Patel approached the local TV station about doing a piece on SAT preparation suggestions for parents and kids. He moved from having no clients to having several when the television interview aired.

Patel attributes his entrepreneurial success to self-control and never giving up.

article

19. Start an ebay business ($10K/month)

eBay business is one of the most fun, and profitable side hustles you should try. You can earn between up to thousands of dollars per month selling on eBay. eBay business is a great side hustle idea because the platform has millions of loyal users. Besides, the platform is best for selling collectibles and different niche market items. But you can also sell old furniture or clothes that are collecting dust at home.

How Much Can You Make?
$10,000/month
Average Initial Investment
$13,000
Time Commitment Per Week
Min. 4 hours/week
Skills
Interests

Case Study

My name is Adam Torkildson (Tork to my friends). I run Tork Media, which is the umbrella company to several ventures I’m in various stages of running and/or funding.

I’m a partner and founder of 7 very different ventures; ranging from a solar farm in Bakersfield to selling sportscards on eBay (which is the one I like to talk about the most).

how-i-started-a-10k-month-business-selling-sports-cards-on-ebay

More business ideas

  • 20. Start a paid online surveys business
  • 21. Start a real estate crowdfunding business
  • 22. Start a dividend investing business
  • 23. Start a lesson plans business
  • 24. Start a translator app business

Frequently asked questions

Can you get rich as a therapist?

If you're a therapist, you're probably not in it for the money. But that doesn't mean you can't get rich. The easiest way to build real wealth as a therapist is to start your own business. Maybe one of the ones we listed in the business ideas list a bit above.

How to get rich as a therapist?

First, invest in yourself. Get an education and specialize in a field that pays well.

Second, think outside the box. There are many opportunities for a therapist to make money.

Third, be creative and entrepreneurial. Start your own business or find ways to monetize your skills and knowledge.

By following these tips, you can become a wealthy lawyer and enjoy the good life!

Conclusion

A therapist can get rich by becoming a therapist entrepreneur.

There are many opportunities for therapists to start their businesses and become wealthy.

Therapists can create their products or services or provide consulting services to other professionals in their field.

Therapists who are successful in business have several things in common, including a willingness to take risks, an entrepreneurial mindset, and a dedication to excellence.

Pat Walls,  Founder of Starter Story
Want to find more ideas that make money?

Hey! 👋 I'm Pat Walls, the founder of Starter Story.

Get our 5-minute email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.

meet the author
Ales Wilk

Hi, I'm Ales. I love creating content that helps people - whether it's through my work as Head of Content at Starter Story or my own portfolio of content sites.