How to Make 10k a Month? 13 Tips 2023

April 3, 2023
How to Make 10k a Month

Do you want to know how to make 10k a month? You’re in the right place now!

Many people aspire to making $10,000 per month, but doing so while still employed full-time is difficult.

I’ve listed 11 ethical ways to earn $10,000 per month in this article. Let’s dive in.

How to Make 10k a Month?

Here are 13 ideas that allow you to generate $10,000 a month as fast as possible.

1. Opening An Etsy Shop

Etsy is a great platform for you to sell your crafts if you’re artistic and enjoy making things by hand.

According to their site, “More than two million sellers on Etsy sold products worth more than $300 million in 2017.” That is a large number of people selling their own creations!

You need to focus on bigger or more expensive products (like furniture or one-of-a-kind items) if you want to make $10,000 per month. A Valentina TY beanie baby (with errors) selling for $20,000 is the most expensive item available on the website. Who knew?

Here are some Etsy Shop stats to showcase the potential…

  • PlannerKate1 – sells stickers & organization items
    • Averages 674 daily sales, with price points ranging from $.75 – $15; let’s be conservative and say the average sale is $5, so 674 x $5 = $3,370 a day
    • $3,370 a day x 30 days = $101,100 a month in sales
  • Custom jewelry is available from CaitlynMinimalist. I own three pieces from this store and adore each one.)
    • Averages 492 sales a day, with price points of $5 – $63; let’s be conservative and say the average sale is $10, so $492 x $10 = $4,920 a day
    • $4,920 a day x 30 days = $147,600 a month in sales

Each item listed on Etsy is subject to a fee, as are PayPal fees. Since there are also PayPal costs to take into account, find out how much you’ll be charged and where your break-even point is.

2. Flip Items from Flea Markets

How to Make 10k a Month

Flipping the things you find can easily earn you $10,000 per month. You need to be skilled at rehab and have an eye for what sells. Check out our post on the 25 best things to flip for profit if you want to learn more about flipping.

In 1996, Rob from Flea Market Flipper began selling items on eBay just for fun. Rob and Melissa made over $42,000 in 2015 while working about 10 to 20 hours per week, and now they make over $133,000 while working 15 to 30 hours per week!

The couple claims that in their first year of flipping, beginners typically make between $200 and $2,500 per month. The main concern is how much time you can devote to this side business. However, it’s a great addition to your income even with earnings of $500 per month. With flipping, you can start out slowly and work your way up to $200 per day!

3. Sell Printables Online

You guessed it—there are plenty of great online options to consider as you try to figure out how to make $10,000 per month. These days, making money online is the in thing. In addition, with all the tools at your disposal, it’s very simple.

Making and selling printables to supplement your income is a very popular niche right now, especially if you concentrate on the right kinds of printables. Some profitable printables are…

  • Kids’ printables, including coloring pages and activities.
  • Organization of the home, shopping list, cleaning list, to-do list, etc.
  • Meal planners, trackers, and other tools for planning your diet and exercise.

You might be a little dubious about how much money printables can make, but let’s dispel that myth right away. Sarah Titus generates over $4,000,000 annually from the sale of printables on Shopify. She’s now reached this level after a number of years, but she was quickly earning over $10,000 per month.

When creating and marketing your printables, there are a few things to keep in mind.

  • Have a keen sense of design; you’ll want to be aware of current trends. such as pastels, geometric patterns, bold colors, or watercolor designs.
  • What do people need? Templates, worksheets, check-off lists, guided workbooks, kids activity sheets, etc.
  • What is your brand? Be aware of who you are and who your target market is. This is the audience for your printables.

4. Create a Course on Teachable

If you have a special talent, like painting, knitting, or learning French, consider becoming a course developer. This is a great way to regularly supplement your income.

Online courses can be purchased for $27 to $2,000 on average. It’s true what you read. However, the more expensive ones require a lot of work to make, so they are not a good option for fast cash. However, once you’ve created the course once, you can set up a sales funnel to continuously draw customers there passively.

You can easily create and sell your own courses using platforms like Teachable, which is one of the best ways to generate passive income (create something once and sell it repeatedly). Additionally, they take care of customer service and payment processing, freeing you up to concentrate on creating high-quality content.

Teachable requires you to sign up for their membership platform and charges a commission of 5% on each course you sell. The monthly membership fees, which include all the bells and whistles, range from $29 to $200. There is a free plan, but it has some limitations.

5. Starting a Blog

Make 10k a Month

One of the most common ways to profit from an online business is probably this one. With WordPress, you can create your own blog in a matter of minutes. (However, perfecting it will take a lot longer.)

Create a blog about a subject that interests you, then figure out how to make money off of it. You can achieve this through affiliate marketing (more on that below), advertisements, the sale of physical or digital goods, coaching, or consulting services.

Select a lucrative niche and diversify your sources of income if you want to make $10,000 per month.

All thanks to his blog, Smart Passive Income author Pat Flynn has a net worth of over $3 million. And Lindsay Ostrom from PinchofYum makes high six figures from her food blog thanks to ad revenue, sponsored posts, goods, and affiliate marketing.

I know that “starting a blog” sounds very overwhelming, you’ve heard so many stories from friends who tried and just couldn’t make it go anywhere, or worse yet, they couldn’t even get started as it was too technical and way too confusing.

But I bet they didn’t have a professional guiding them and showing them exactly how to use their blog. However, a professional and a step-by-step manual exist to guarantee your success.

You may be familiar with Tracie Fobes’ well-known blog Penny Pinching Mom, which she started in 2009. She quickly reached six figures per month from her website before selling it for a huge profit.

Now she demonstrates how to set up blogs correctly for new bloggers (like you). Her introductory course, The Blogging Playbook, is ideal. Which, as you might have guessed, walks you through setting up your new blog step by step.

Tracie and I both understand that enrolling in a course right away isn’t for everyone. You can use her fantastic free workbook to organize your thoughts, plan some key ideas, and determine whether starting a blog is right for you. Once more, this workbook is completely free, so you have nothing to lose!

Tracie has the patience of a teacher; she takes the time to address people’s concerns and provides them with all the tools necessary to complete the task correctly the first time! I am aware because I have taken her classes three times!

6. Become a Virtual Assistant

A great way to earn extra money from home if you have organizational or administrative skills is to work as a virtual assistant. The management of social media accounts, providing customer service, booking travel, etc.

The VA industry is booming right now, especially with the expansion of small businesses, as these business owners may need assistance but not be able to afford to hire a full-time employee.

Indeed reports that the typical hourly wage for a virtual assistant is $21. These individuals, however, are employed by an agency, which retains a sizable portion of the profits.

7. Become a Virtual Bookkeeper

Accounting and bookkeeping are problems that many small business owners and entrepreneurs face. It’s understandable that many people put it off or try to do it themselves but end up making mistakes because it can be a very time-consuming and tedious task.

The virtual bookkeeping business model fills this need. Remote bookkeeping services enable business owners to concentrate on managing their operations. Additionally, having a virtual clientele greatly expands your clientele options.

Today, virtual bookkeepers receive a regular, well-paying salary. But the real money, the $10,000 a month earnings, come when you can highlight your training and certifications and become an expert in a particular field.

Despite the fact that you are no longer required to have a license or certification to work as a bookkeeper, you will still need to establish your credibility and ability to perform the job at first. To increase your marketability, you can enroll in some online courses or even earn a certification.

8. Self Publish a Book

By self-publishing a book, you can spread your knowledge if you are passionate about or knowledgeable about a particular topic. Or perhaps writing romance novels has always been your dream.

Hey, despite your amusement, Danielle Steel’s net worth is predicted to be $390 million in 2021. each authoring a book about kisses. Even though it took her decades to get there, she had to start from scratch just like the rest of us.

Selfpublishing.com said, “Amazon is a significant platform for independent authors. Amazon is a tool that can be challenging to understand and master. However, a self-published author can make $10,000+ per month or more by selling their own books on Amazon with a little research and a solid plan.”

BookBaby, Draft2Digital, and Amazon Kindle Direct Publishing are just a few of the platforms that can assist you with the publishing process.

Additionally, self-publishing a book is a fantastic way to get started, gain experience, and advance your career. You don’t want to be the author who has been hanging onto a manuscript for the past five years just because it needed a little polish. Keeping in mind that good enough is a great starting point, perfection is the enemy of good enough!

9. Become Freelance Writer

A great way to earn money if you have a talent for writing is to work as a freelance writer. You can offer your services to both companies and private individuals who require content writing for their websites, blogs, or even marketing materials like sales pages or marketing emails.

Being able to work from anywhere is one of the best things about being a freelance writer! A laptop and an internet connection are all you require. There isn’t any formal education or training.

10. Become An Online Coach and Earn $10k a Month

The ability to conduct in-person specific activities online while maintaining their structure and high level of quality is not surprising given the expansion of the internet economy.

A very successful business model has developed around private coaching. A large part of this is due to the fact that coaches can now serve millions more clients and charge less than in-person sessions, making it more affordable for the general public.

You can work as a life coach in the areas of productivity, wellness, finances, development of skills, and even home-based business expansion.

Let’s examine renowned trainer Tony Robbins. His live seminars cost between $650 and $3,000 depending on access level. The real money comes in when those who attended his event sign up for his coaching program, which is said to cost up to $15,000 annually.

Once more, you won’t start out making a ton of money doing this. If you want to learn how to make $10k a month, you must start out small, gain some experience, and then increase your rates to receive the pay you desire.

But first, let’s explore the reasons why you ought to think about a career as a life coach.

11. Start a YouTube Channel

Creating a YouTube channel might be more your style if you don’t enjoy writing. You can either share your insider knowledge with others or just give them a peek into your life.

People enjoy watching videos, so using them to connect with others and grow an audience is a great idea. It can also be profitable in a variety of ways. You can use it as your primary marketing channel for selling your goods and services, offer people paid subscriptions, or place advertisements on your videos.

Check out Shelby Church (who has 1.7M subscribers) as she explains what YouTubers won’t tell you but what you need to know to start a successful YouTube channel.

12. Become a Social Media Manager

As companies and influencers expand, they quickly come to the realization that they cannot manage their online presence on their own and turn to social media managers (SMMs).

The creation and management of social media accounts, posts, and engagement for businesses and individuals falls under the purview of an SMM. This can range from tweets and Facebook updates to Instagram reels and pin creation for Pinterest.

“Social media managers in the US earn salaries ranging from $24,000 to $175,000, with a median pay of $58,000. The middle 57% of Social Media Managers makes between $58,000 and $93,500, with the top 86% making $175,000,” according to Comparably.

Some people enter the field by working as virtual assistants, and after having the opportunity to discover their interests and areas of expertise, they narrow their focus.

You can accept clients on all platforms, including Facebook, Instagram, Pinterest, Tik Tok, etc., or you can specialize on just one platform and become an expert.

13. Affiliate Marketing

If you’re not familiar with affiliate marketing, it’s a practice where you market someone else’s good or service in return for a cut of each sale. Although many people think it’s the ideal passive income source, setting it up properly does require some front-end work.

Although it’s a good option, starting a blog is not a requirement for affiliate marketing. Affiliate marketing is simple to do on your social media accounts or through an email list. One of the more popular sites is Instagram.

To find affiliate programs, simply Google “[product or service] affiliate program.” Begin compiling a list of all the things you adore (or the locations and experiences), then start Googling.

For example, if you want to promote Bluehost (a web hosting company), you would Google “Bluehost affiliate program” and then sign up for their program.

You will then receive a special affiliate link that you can share with your readers after being approved. You may receive a commission of between 2% and 40% of the sale when a customer makes a purchase using your link.

In fact, by recommending Bluehost, Michelle from Making Sense of Cents was earning more than $40,000 per month. She has earned over $500,000 in total from recommending just that one product using affiliate marketing! Making Sense of Affiliate Marketing will teach you more about her precise procedure.

In all honesty, you shouldn’t attempt to learn affiliate marketing on your own. With so much information available and specific processes and steps, it can be very difficult.

You should seek out an authority to learn from (trust me, investing in a course will pay off tenfold and save you so much time trying to put this puzzle together on your own).

Also Read:

Final Words: How to Make 10k a Month

Although some of these methods may not appeal to you, I am confident that you will find at least one that does.

But if you’re serious about making more money, start working towards your new goals today. And don’t forget to let us know how it went when you return!

FAQs

Is It Possible to Make 10K a Month?

With the right combination of hard work, skill, and creativity, anyone can make $10K a month or more.

How Long Does It Take to Make 10K?

If you have a little more running experience and feel like you’re past the beginner stage, you could be ready for a 10K in anywhere from six to 10 weeks.

How Much Should I Save a Month to Make 10K?

If you want to save $10,000 in a year, you’ll need to save $833.33 each month.