How to Make 6 Figures as a Nurse? (20 Best Ways in 2024)

Updated: February 22nd, 2024

So you want to make six figures as a nurse? Good for you! Being a nurse is a highly respectable and well-paid profession, and there's no reason why you can't earn a high income if you put your mind to it.

In this blog post, we'll look at some of the best ways to make more money as a nurse - business ideas you can start to achieve such income. Keep reading to learn more!

1. Start an affiliate marketing business ($298K/month)

Are you looking for a side hustle to pay you a passive income? Affiliate marketing is one of those side hustles that will pay you well over the long term. It is a way to earn money online by promoting other companies' products and services. You will be paid a commission for each sale you make as an affiliate marketer.

To get started, learn how to find the right product and brand to partner with. For example, you may prefer becoming an affiliate marketer for an eCommerce store, partnering with a manufacturer, and marketing their products for a commission.

How much you can make: $500 — $773,000/month

How much does it cost to start: $500 (?)

How long does it take to build: 55 days (?)

2. Become a social media influencer

Social media has become integral to people's lives and daily routines. Given the importance of social media, brands are flocking to different social media platforms such as Instagram, YouTube, Facebook, and TikTok in the hope of connecting with their target audience.

A popular approach taken by these brands is engaging social media influencers. A social media influencer has established credibility in a specific industry and has access to a vast audience they can persuade to act based on recommendations.

Anyone can become a social influencer so long as they have the right strategy. Choose a popular niche based on your interests and start creating relevant content.

How much you can make: $2,500 — $300,000/month

How much does it cost to start: $601 (?)

How long does it take to build: 155 days (?)

3. Start a freelance writing business ($61.3K/month)

Freelance writing can be a good career choice if you are looking for a flexible online job.

Working as a freelancer gives you the flexibility to define your work schedule. You can work from home at any time. Freelance writers work across various niches, writing about various topics assigned by the client,

To earn good money as a freelance writer, you need the following personal qualities:

  • Strong writing skills
  • Ability to meet deadlines
  • Stay on the cutting edge
  • Be a self-starter
  • Be up-to-date with the current writing tools & writing trends
  • Proper communication skills

How much you can make: $700 — $320,000/month

How much does it cost to start: $400 (?)

How long does it take to build: 53 days (?)

4. Start a concierge nurse service

A Concierge Nurse Service is a nurse agency that is dedicated to providing personal service and care to clients and patients. The goal of concierge nurse service agencies is to give the elderly, those in the hospital, and group facilities the right care.

5. Start a teaching business

A teaching business involves providing educational services to students of all ages, either in a group or individually. This can include tutoring, teaching language skills, music lessons, or providing educational workshops or classes.

To run a successful teaching business, it is important to have a strong background in the subject matter you will be teaching. This may involve obtaining a degree or certification in a particular field. Additionally, practical communication skills and the ability to adapt to different learning styles are essential in teaching.

Marketing and networking are also vital to growing a teaching business. Building relationships with schools, community centers, and other educational organizations can help to attract more students. Social media and other online platforms can also help promote your services and reach a larger audience.

Another tip for running a successful teaching business is to be organized and efficient with your time. Creating lesson plans and keeping track of student progress can help ensure that you provide the best possible education for your clients.

Overall, a teaching business can be a fulfilling and lucrative venture for entrepreneurs with a passion for education and a desire to make a positive impact on the lives of others.

How much you can make: $4,000 — $833,333/month

How much does it cost to start: $1,500 (?)

How long does it take to build: 105 days (?)

6. Start a podcast episode creation business

How much you can make: $120,000/month

7. 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. In addition, 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 extra income.

If you want 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 you can make: $800 — $4,500,000/month

How much does it cost to start: $500 (?)

How long does it take to build: 48 days (?)

Time commitment per week: Min. 5 hours/week

8. Start a medical writing business

A medical writing business involves creating various types of healthcare-related documents, such as research papers, medical articles, and regulatory documents.

The primary aim of this business is to serve pharmaceutical companies, healthcare professionals, and researchers by translating complex medical information into easily understandable content.

As the healthcare industry continues to grow, the demand for accurate and well-communicated health information is also increasing.

Hence, starting a medical writing business can be a lucrative opportunity.

The need for regulatory compliance and effective communication in the healthcare industry is rising, and this business offers a valuable service in meeting those needs. Therefore, it can be an attractive venture for those interested in the field.

How much you can make: $2,000 — $42,857/month

How much does it cost to start: $100 (?)

How long does it take to build: 150 days (?)

9. Start a transcription business ($133K/month)

A transcription service converts live or recorded speech into a written or electronic text document. Transcription service is in demand globally across industries.

Becoming a transcriptionist can be a side hustle or a full-time job, so long as you have the right gear.

Do you plan to become a transcriber ? Take an online transcriptionist course and work on your listening skills. To succeed, you need a good typing speed and excellent language command.

How much you can make: $100,000 — $200,000/month

How long does it take to build: 75 days (?)

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

How much you can make: $1,200/month

How much does it cost to start: $1,000 (?)

How long does it take to build: 150 days (?)

More business ideas

  • 11. Become a brand influencer
  • 12. Become a homeschool teacher

13. Become a telehealth consultant

The emergence of the digital age has unlocked a plethora of opportunities, none more revolutionizing than in the medical sector. Enter Telehealth Consulting, a business concept that merges healthcare and technology, providing a platform for patients and healthcare professionals to connect virtually.

Simply put, a Telehealth Consultant acts as an essential link between medical providers and patients, ensuring that healthcare services are delivered efficiently and effectively through digital mediums. Be it e-prescriptions, remote patient supervision, or live video discussion, telehealth encompasses a wide array of healthcare services.

As our world becomes borderless thanks to the web, these services could reach a patient sitting miles away from the treatment provider, thereby ushering in an era of increased medical accessibility. Furthermore, it’s a valuable enterprise for would-be entrepreneurs with a background in healthcare and a taste for technology.

With the promise of flexible hours, a significant impact, and a steadily growing demand, becoming a Telehealth consultant could pave the path for a rewarding, forward-thinking, and sustainable business venture.

How much does it cost to start: $5,000 (?)

How long does it take to build: 5 days (?)

More business ideas

  • 14. Start a health and fitness youtube channel
  • 15. Start a health education company
  • 16. Start a telescope business
  • 17. Start a first aid training business

18. Start a lactation consulting business

Lactation consulting is a business that helps new mothers with breastfeeding their infants. As a lactation consultant, you will be responsible for providing education, support, and guidance to mothers struggling with breastfeeding or having questions about the process.

To start a lactation consulting business, you must have a strong background in breastfeeding and lactation. This may include a degree in nursing, midwifery, or a related field and certification as a lactation consultant. In addition to your education and training, you will need to have excellent communication and problem-solving skills and the ability to empathize with your clients.

To run a successful lactation consulting business, you will need to be able to work with clients in a variety of settings, including hospitals, clinics, and private homes. You will also need to be able to adapt your approach to each individual client, as every mother and baby is unique. Additionally, it will be important to stay up-to-date on the latest research and best practices in lactation and maintain strong relationships with other healthcare professionals in your community.

Lactation consulting is a rewarding business that allows you to help new mothers and their babies get off to a healthy start. With the right education, training, and skills, you can succeed in this field and make a real difference in your clients' lives.

More business ideas

  • 19. Start a nursing home/hospital business

20. Become a nurse health coach

Ever speculated about meshing two vital sectors - health and coaching - but aren't quite sure how to merge them? A nurse health coach could be the answer.

In essence, a nurse health coach is a registered nurse who uses their clinical experience and skill to promote a healthier lifestyle for their clients. They provide personalized guidance on nutrition, exercise, managing illnesses or stress, and overall wellness.

What makes this astonishingly valuable is the increasing emphasis on preventative healthcare. People are now more than ever seeking professional guidance to prevent health issues before they require medical attention. This business allows you to share your wealth of health knowledge while potentially aiding in the prevention of chronic diseases.

Coming from a healthcare background or willing to be certified? This could be your opportunity to carve out a unique niche in the health sector, delivering a service deeply needed by many and very rewarding for you. Imagine the fulfillment of empowering others to make healthier life choices. The idea of a nurse health coach perfectly amalgamates healthcare and coaching and might just be the business you've been seeking.

Frequently asked questions

Can you make 6 figures as a nurse?

Yes, you can earn 6 figures a year as a nurse. The easiest way to achieve this income is to start your own business and be your own boss. You can choose one of the ideas from our list.

How to make 6 figures as a nurse?

Do you want to make six figures as a nurse? It's not impossible, but it will take some effort. Here are a few tips to help you get started.

First, focus on developing your skills and becoming an expert in your field.

Next, find ways how you can use your skills to work for yourself or do some side hustle. You can use the list above.

Finally, think outside the box and explore new opportunities for earning more money. With hard work and determination, you can achieve anything.

Conclusion

If you are a nurse, there is no reason why you cannot make six figures. It will require hard work and dedication, but it is possible.

Consider the business ideas we’ve outlined in this post and get started on your journey to becoming a high-earning nurse today.

meet the author
Pat Walls

I'm Pat Walls and I created Starter Story - a website dedicated to helping people start businesses. We interview entrepreneurs from around the world about how they started and grew their businesses.