How to Make 6 Figures as a Teacher? (24 Best Ways in 2024)
So you want to make six figures as a teacher? Good for you! Being a teacher 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 teacher - 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: 60 days (?)
2. 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: $750 (?)
How long does it take to build: 90 days (?)
Time commitment per week: Min. 5 hours/week
3. Start an amazon kindle publishing business ($120K/month)
Are you a writer looking for a way to grow your career? Kindle direct publishing is amazon’s e-book self-publishing platform where readers purchase eBooks or print-on-demand books. KDP is one of the top self-publishing companies and currently dominates the self-publishing book market.
Publishing your books on KDP is easy, especially for writers who find traditional publishing overwhelming. If you are an author, you can upload your book files directly, and it will appear as an eBook for readers to purchase and download instantly.
How much you can make: $120,000/month
How long does it take to build: 200 days (?)
4. Start an educational blog ($1.2K/month)
An educational blog business involves creating a website where you share informative content on a specific subject to educate your audience.
To start on a budget, choose a niche you're knowledgeable and passionate about.
Create quality content using free platforms like WordPress or YouTube.
Promote your blog on social media and through SEO techniques, and consider monetizing it with methods like affiliate marketing and selling digital products once you have a steady flow of visitors.
Consistency and providing genuine value are crucial for success.
How much you can make: $1,200 — $5,000/month
How much does it cost to start: $200 (?)
How long does it take to build: 60 days (?)
5. Start an online course creation software
Online learning has shown significant growth over the past decade. As more people opt to learn online, the demand for online course creation software keeps rising. If you are interested in starting a software business, you may consider building an online course platform. Ensure your platform supports the needs of modern learners and tutors.
How much you can make: $175,000/month
6. Start an art and crafts business
How much you can make: $10,000 — $416,000/month
How much does it cost to start: $1,500 (?)
7. Start a teacher resources platform ($12K/month)
How much you can make: $12,000/month
How long does it take to build: 7 days (?)
8. Start an online course creation business
Starting an online course could be perfect if you want a passive income. Whatever your background, 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 expected, so remain focused and give your best.
How much you can make: $1,666,666/month
9. Start a website designer
How much you can make: $2,500 — $100,000/month
How much does it cost to start: $5,000 (?)
How long does it take to build: 165 days (?)
10. Start a resume writing service ($14K/month)
A resume writing service offers professional assistance in crafting compelling resumes for job seekers.
With this service, your day-to-day activities revolve around collaborating with clients to gather their employment history, skills, and achievements, and transforming that information into well-crafted resumes that highlight their qualifications.
How much you can make: $2,000 — $62,500/month
How much does it cost to start: $35 (?)
How long does it take to build: 90 days (?)
Time commitment per week: Min. 8 hours/week
11. Start a ghostwriting business
How much you can make: $1,500 — $62,500/month
12. 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 (?)
13. 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: $750 (?)
How long does it take to build: 90 days (?)
Time commitment per week: Min. 5 hours/week
14. Start an amazon reseller business
An Amazon reseller sources products at wholesale prices and sells them on Amazon. To start an Amazon reseller business, choose a low-competition product. Low competition products offer a great way to establish your brand as a leader in particular product categories.
To grow your business, ensure high-profit margin products, as selling only the low-profit margin products can curtail your business growth.
How much you can make: $3,000 — $60,000/month
How long does it take to build: 90 days (?)
15. Start a resume writing business ($3K/month)
The resume writing business is a service that helps job applicants write professional resumes, provide details about their past experiences, and highlight their skills. Resume writing makes it easier for clients to capture hiring managers’ attention and shows they are fully qualified on paper.
A successful resume writer should have strong communication skills, proofreading skills, typing skills, and relevant business experience. Besides, the resume writer should have strong interpersonal skills and proven success.
According to glassdoor, 68% of job seekers who hire professional resume writers find a job within 90 days. The study also points out that professionally written resumes score jobs faster and earn more.
Therefore, the demand for professional resume-writing businesses will keep increasing.
How much you can make: $2,000 — $62,500/month
How long does it take to build: 150 days (?)
16. Start an e-book publishing business
Do you have a flair for storytelling and an eye for editing? Dive into the realm of digital literature with an e-book publishing business. In this exciting venture, you will work with authors to bring their stories to life on digital platforms. You assist in the publishing process, from proofreading and formatting to designing the book cover and promoting the final product.
This business thrives on creativity, so there are endless opportunities to cater to various genres and authorial styles. It's a rewarding venture that not only capitalizes on the growing popularity of e-books but also helps authors reach their audience. Plus, it's a business idea that can be run from anywhere and at any time.
Sound thrilling? Start your e-book publishing business today and change the literary world, one book at a time.
How much you can make: $2,000 — $800,000/month
How much does it cost to start: $2,550 (?)
How long does it take to build: 90 days (?)
More business ideas
- 17. Become a homeschool teacher
- 18. Start an educational app development business
19. Become an e-commerce web page developer
Global eCommerce sales are expected to reach over $6 trillion in the next few years. The market growth is because of the increased number of merchants following consumer demand online.
Online stores are popping up daily, with an estimated 12-24 million eCommerce sites across the globe.
If you are wondering how to build a profitable business within the eCommerce industry, consider becoming an eCommerce webpage developer.
eCommerce web developers play a critical role in ensuring potential customers can easily navigate eCommerce stores, find what they are looking for, and checkout easily and safely. To become an eCommerce platform developer, you must have the capability to:
- Design your eCommerce storefront to be both functional and beautiful
- Make it easy for customers to find what they want, whether through filtering options like size, color, or price
- Help eCommerce platform owners decide which features work best with the rest of the website content
How much does it cost to start: $20 (?)
More business ideas
- 20. Start a public speaking instruction business
- 21. Start an eteaching business
- 22. Start a dividend investing business
- 23. Start an audiobooks business
- 24. Start a conference room rental
Frequently asked questions
Can you make 6 figures as a teacher?
Yes, you can earn 6 figures a year as a teacher. 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 teacher?
Do you want to make six figures as a teacher? 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 teacher, 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 teacher today.
- 4,818 founder case studies
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- 8,628 business ideas
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- 4,818 founder case studies
- Access to our founder directory
- Live events, courses and recordings
- 8,628 business ideas
- $1M in software savings
- 4,818 founder case studies
- Access to our founder directory
- Live events, courses and recordings
- 8,628 business ideas
- $1M in software savings
- 4,818 founder case studies
- Access to our founder directory
- Live events, courses and recordings
- 8,628 business ideas
- $1M in software savings
- 4,818 founder case studies
- Access to our founder directory
- Live events, courses and recordings
- 8,628 business ideas
- $1M in software savings
- 4,818 founder case studies
- Access to our founder directory
- Live events, courses and recordings
- 8,628 business ideas
- $1M in software savings
- 4,818 founder case studies
- Access to our founder directory
- Live events, courses and recordings
- 8,628 business ideas
- $1M in software savings
- 4,818 founder case studies
- Access to our founder directory
- Live events, courses and recordings
- 8,628 business ideas
- $1M in software savings
