How to Make 6 Figures As A Anesthesiologist? (11 Best Ways in 2024)
So you want to make six figures as a anesthesiologist? Good for you! Being a anesthesiologist 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 anesthesiologist - business ideas you can start to achieve such income. Keep reading to learn more!
1. Start a podcast ($97.9K/month)
Starting a podcast could be a unique and lucrative way to supplement your income as an anesthesiologist. By focusing on a niche or topic you are passionate about, such as medical advancements, healthcare tips, or even the daily life of an anesthesiologist, you could attract a dedicated audience. Basic recording equipment and affordable hosting platforms make it possible to begin this venture on a budget.
Once you build a loyal listener base by promoting your podcast through social media and online communities, you could attract sponsors and advertisers, generating additional revenue. Moreover, a successful podcast can also open doors to speaking engagements, partnerships, and consulting opportunities, further enhancing your income potential. Embrace the opportunity to share your expertise and insights while creating an engaging platform that could significantly boost your financial prospects.
How much you can make: $400 — $1,020,000/month
How much does it cost to start: $2,000 (?)
How long does it take to build: 60 days (?)
Time commitment per week: Min. 2 hours/week
A successful podcast production company that grew from one client making $15/hour to a team of 10 contractors producing over 30 shows per week with revenue of over $10k/mo, primarily through referrals and with a focus on providing high personal touch and being picky about working only with clients who are a good fit.
2. Create an online course ($91.9K/month)
Creating and selling an online course presents an excellent opportunity for anesthesiologists to supplement their income and make six figures. You could identify educational gaps within the medical field, particularly around anesthesia-related topics, and develop comprehensive and engaging video lessons supported by supplementary materials.
With the flexibility of self-paced or cohort-based structures, launching such a platform allows you to build a student base, providing potential for passive income. For those who enjoy sharing their specialized knowledge, an online course business offers a lucrative way to monetize your expertise with minimal startup costs, reaching eager lifelong learners seeking convenient access to advanced medical education.
How much you can make: $350 — $1,000,000/month
How much does it cost to start: $2,000 (?)
How long does it take to build: 88 days (?)
Learn how one couple created a successful personal finance blog, The Savvy Couple, that now makes over $20,000 per month and has sold thousands of digital workbooks and courses, by focusing on purposeful content and optimizing their ROI with efficient time management.
3. Start a social media marketing agency ($116K/month)
As an anesthesiologist with an entrepreneurial mindset, starting a social media marketing agency could be an excellent way to supplement your income and work towards making six figures. You could leverage tools to automate much of the workload, allowing you to balance this venture alongside your medical career effectively. Developing a robust social media marketing strategy will enable you to serve clients efficiently without needing to commit an overwhelming amount of time.
Additionally, building a strong agency portfolio will help you attract target customers and showcase your services effectively. This dual career path could allow you to diversify your income streams, potentially using the extra earnings to cover utility bills, finance further education, or save for vacations. By capitalizing on the growing demand for digital marketing expertise, you might find that this side hustle becomes a profitable and rewarding addition to your professional life.
How much you can make: $1,000 — $500,000/month
How much does it cost to start: $7,500 (?)
How long does it take to build: 60 days (?)
Time commitment per week: Min. 30 hours/week
How David Tile turned a freelance writing gig into an $80k/month business, discussing lessons learned through managing growing demands and maintaining a remote team operation.
4. Start a freelance writing business ($65.5K/month)
If you are an entrepreneurial-minded anesthesiologist seeking to supplement your income, starting a freelance writing business could be an excellent avenue. You could capitalize on your expertise by writing articles, medical content, or even educational materials related to your field. Given your advanced knowledge, you can command higher rates, setting a pathway to potentially significant supplemental income.
Freelance writing offers flexibility to define your work schedule, allowing you to work from home at any time that suits your demanding career. This could enable you to balance your primary profession with a lucrative side business. Your strong writing skills, ability to meet deadlines, and staying updated with current writing trends would be invaluable in this new venture.
How much you can make: $700 — $500,000/month
How much does it cost to start: $500 (?)
How long does it take to build: 56 days (?)
How David Tile turned a freelance writing gig into an $80k/month business, discussing lessons learned through managing growing demands and maintaining a remote team operation.
5. Become a social media influencer ($57.4K/month)
Supplementing your income as an anesthesiologist by becoming a social media influencer could be a lucrative and fulfilling endeavor. With your expertise in the medical field, you could share valuable insights, tips, and behind-the-scenes glimpses of your daily life, attracting a broad audience interested in healthcare and anesthesiology.
Brands on platforms like Instagram, YouTube, Facebook, and TikTok are constantly seeking credible influencers to promote their products and services. By establishing yourself as a trusted voice in the healthcare niche, you could collaborate with medical brands, equipment manufacturers, and even wellness companies, creating a new revenue stream parallel to your anesthesiology career.
The key to success lies in developing a strategic approach to content creation that resonates with your audience. Over time, your influence could grow substantially, opening more opportunities for sponsorships, partnerships, and even paid speaking engagements, ultimately helping you reach six figures.
How much you can make: $2,500 — $166,666/month
How much does it cost to start: $800 (?)
How long does it take to build: 155 days (?)
How one mother built a profitable frugal motherhood, life, and travel blog from scratch, using Instagram, Pinterest, and paid sponsorships to grow from 0 to 18.5K followers and generate $1,500-$3,000 per month in less than two years.
6. Digital products ($261K/month)
Creating and selling digital products could be a fantastic way to supplement your income as an anesthesiologist and potentially help you reach six figures. Whether you develop an app focused on medical education, write an ebook about your specialized knowledge, or create a comprehensive online course for medical students, the possibilities are endless. These digital products are relatively easy to create and can be sold directly from your website, eliminating the need for physical inventory.
Additionally, because digital products are highly scalable, you could reach a broad audience without significant ongoing effort. By investing some time upfront, you could establish multiple passive income streams that run on autopilot, allowing you to focus on your primary career while still earning extra income. This makes digital products a valuable opportunity for entrepreneurial-minded anesthesiologists looking to diversify their revenue streams.
How much you can make: $10,417 — $1,766,666/month
How much does it cost to start: $5,000 (?)
How long does it take to build: 60 days (?)
FilterGrade is an eCommerce platform offering digital assets such as photo filters and video templates; attracting over 450,000 monthly users and generating approximately 30k a month, the founders worked hard to build a valuable marketplace for creators while focusing on digital marketing, partnerships, and content creation.
7. Start a blog ($44.9K/month)
Starting a blog could provide a lucrative opportunity to supplement your income as an anesthesiologist, allowing you to share your expertise and insights on medical topics, patient care, or even your personal experiences within the healthcare industry. With blogs rated as the 5th most trustworthy source of online information and 77% of internet users reading them, you could reach a substantial audience looking for reliable medical content.
By establishing a blog, you could position yourself as an authority in your field, attracting opportunities such as sponsored content, affiliate marketing, or even paid speaking engagements. Additionally, with approximately 409 million people viewing over 20 billion pages each month, the potential for monetizing your blog through ads and partnerships is significant, potentially making a substantial contribution to reaching six figures.
How much you can make: $100 — $650,000/month
How much does it cost to start: $500 (?)
How long does it take to build: 30 days (?)
Time commitment per week: Min. 5 hours/week
Learn how one couple created a successful personal finance blog, The Savvy Couple, that now makes over $20,000 per month and has sold thousands of digital workbooks and courses, by focusing on purposeful content and optimizing their ROI with efficient time management.
8. Start an ecommerce store ($287K/month)
As an anesthesiologist, you could supplement your income significantly by launching an eCommerce store. This venture offers the flexibility to run your business during your off-hours, while leveraging the growing trend of online shopping. With an eCommerce store, you could tap into broad markets with the ability to reach consumers globally, all from the comfort of your home.
By selling products or services online, you could reap the benefits of reduced overhead costs compared to traditional brick-and-mortar stores. The convenience and efficiency of eCommerce not only attract a wider audience but also provide you the opportunity to scale your business over time. Setting up a user-friendly website with robust payment processing and inventory management will lay the foundation for a successful online venture.
How much you can make: $350 — $13,500,000/month
How long does it take to build: 120 days (?)
Time commitment per week: Min. 5 hours/week
Southern Elegance Candle Company, founded by D'Shawn Russell, started as a side hustle making around $200 per weekend at a local Farmers Market, but now averages approximately $20,000 per month in sales across their retail site, wholesale site, and Faire.
9. Start a youtube channel ($146K/month)
Starting a YouTube channel could significantly supplement your income as an anesthesiologist by providing you with a platform to share your expertise and insight, attracting a broad audience. By creating engaging content related to your field—such as educational videos on anesthesia techniques, patient experiences, and medical procedures—you could build a substantial following. This approach capitalizes on YouTube's established monetization system, potentially earning you money through ad revenue, sponsored content, and affiliate marketing.
Once you reach a minimum of 1,000 subscribers and 4,000 watch hours within a year, you could join the YouTube Partner Program, further enhancing your revenue streams. Additionally, sharing your unique perspective as a healthcare professional can help build your personal brand, opening doors to other entrepreneurial opportunities like online courses, eBooks, or consulting services. With consistency and creativity, your YouTube channel could become a lucrative side business, helping you achieve six-figure earnings.
How much you can make: $800 — $1,000,000/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
Learn how this entrepreneurial couple made $5-7k a month by helping others find legitimate work from home jobs and creative ways to make money online through their blog and YouTube channel, as well as offering two flagship products designed to help beginner freelancers and new bloggers accelerate growth.
10. Start a career coaching business ($48.5K/month)
Starting a career coaching business could help you make six figures as an anesthesiologist by leveraging your extensive medical knowledge and experience to guide others through their professional journeys. You could offer personalized guidance, support, and strategy services to help clients, particularly those in the medical field, navigate professional transitions and growth opportunities. With the ability to design custom sessions for resume building, interview prep, and workplace advancement, your expertise could become highly sought after.
Offering career coaching services could provide the flexibility to work with clients both in-person and virtually, allowing you to build a robust client base. By assisting individuals with specialized advice and accountability, you could empower breakthroughs and help clients achieve their career goals. This entrepreneurial venture could not only supplement your income significantly but also allow you to monetize your motivational abilities and human resources expertise while setting your own schedule.
How much you can make: $1,000 — $235,000/month
How much does it cost to start: $1,500 (?)
How long does it take to build: 60 days (?)
Wall Street Oasis, the largest online community focused on careers in finance, has over 100 million visitors during its 14-year history and is currently receiving over 2 million visits per month, offering interview courses and mentorship services, in addition to building and investing in a thriving online community.
11. Become an affiliate marketer ($55.3K/month)
As an anesthesiologist, you could leverage your medical expertise and start an affiliate marketing business to supplement your income. This venture involves promoting other companies' medical products or services and earning a commission for each sale made through your referral. It's a low-cost business idea because you don't need to create or own the products yourself, making it accessible and less time-consuming.
You could start by signing up for affiliate programs offered by health and wellness companies in your niche. Once approved, you'll receive unique tracking links to share through blogs, social media, or other platforms. By effectively driving traffic and generating sales, you could earn significant commissions, helping you reach the six-figure mark more easily.
How much you can make: $18,000 — $83,000/month
How much does it cost to start: $100 (?)
How long does it take to build: 150 days (?)
This case study explores how Spencer Mecham founded Buildapreneur, an affiliate marketing business, and has made over half a million dollars in profit with no employees, relying solely on content marketing through platforms like Facebook, YouTube, and TikTok.
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Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
