How to Make 6 Figures As A Application Support Analyst? (11 Best Ways in 2024)
So you want to make six figures as a application support analyst? Good for you! Being a application support analyst 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 application support analyst - business ideas you can start to achieve such income. Keep reading to learn more!
1. Create an online course ($91.9K/month)
By starting an online course, you could transform your expertise as an Application Support Analyst into a scalable business venture. Identify educational gaps in your field and create engaging video lessons and supplementary materials to address them. This allows you to reach a wider audience of eager learners and generate passive income as students enroll in your course.
Leveraging your specialized knowledge, you could build a student base and offer value to professionals seeking to upgrade their skills. With low startup costs and flexibility around self-paced or cohort-based structures, an online course presents a lucrative opportunity. For those who enjoy sharing information, this avenue could significantly supplement your income and potentially pave the way to a six-figure salary.
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.
2. Start a youtube channel ($146K/month)
Starting a YouTube channel could significantly supplement your income as an Application Support Analyst. By sharing your expertise and insights on technical troubleshooting, software tips, and industry best practices, you could attract a substantial following interested in the field.
With YouTube's established monetization system, once you achieve the minimum requirement of 1,000 subscribers and 4,000 watch hours in the past 12 months, you could start earning from ad revenue, sponsored content, and affiliate marketing. This side income could grow substantially over time, potentially helping you reach that six-figure mark.
Moreover, creating content on YouTube could also enhance your personal brand, opening doors to consulting gigs, speaking engagements, and other lucrative opportunities that add to your overall income.
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.
3. Start a social media marketing agency ($116K/month)
Starting a social media marketing agency could be an excellent way for you, as an application support analyst, to make six figures by supplementing your income. This business venture requires minimal time commitment because you can automate many processes with social media marketing tools, allowing you to focus on your full-time job while earning extra.
By developing a robust social media marketing strategy, you could efficiently serve clients, from small businesses looking to expand their online presence to influencers needing content management. Creating an impressive agency portfolio will help you attract and secure these clients, providing you with a lucrative side income and potentially growing into a full-time business, if desired.
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 career coaching business ($48.5K/month)
Starting a career coaching business could be a profitable venture for an application support analyst looking to reach six figures. With your expertise in the tech field, you could offer specialized coaching sessions tailored to IT professionals, helping them navigate professional transitions and pursue growth opportunities.
By providing insights on resume building, interview preparation, and workplace advancement, you could empower clients to achieve their career goals. This not only supplements your income but also allows you to leverage your industry knowledge and motivational skills. Additionally, the flexibility to conduct sessions virtually or in-person can help you build a diverse and extensive client base, leading to a steady revenue stream while maintaining your primary job.
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.
5. Become a social media influencer ($57.4K/month)
As an application support analyst, supplementing your income by becoming a social media influencer is a viable path to reaching six figures. Given your technical background, you could leverage platforms like YouTube or LinkedIn to create content related to application support, troubleshooting tips, and industry trends. With the rising demand for tech-related content, you could quickly build a following by offering unique insights and practical advice from a professional standpoint.
Brands are constantly looking to connect with specific audiences, and as an influencer, you could attract sponsorships and partnerships by targeting companies within the tech and software industries. Utilizing platforms such as Instagram, Facebook, and TikTok to share quick tips, how-tos, and behind-the-scenes looks at your workday could further enhance your reach and engagement.
Developing credibility in your niche will open opportunities for monetization through sponsored posts, affiliate marketing, and course creation. By strategically growing your social media presence, you can turn your experience and passion into a lucrative side business or even a full-fledged career as a tech influencer.
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. Start a podcast ($97.9K/month)
Starting a podcast could be a lucrative side business or supplementary income stream for an application support analyst. By focusing your podcast on topics relevant to your field—such as troubleshooting tips, industry trends, or interviews with experts—you could attract a dedicated audience of professionals eager for the insights you provide. This niche focus could not only establish you as a thought leader but could also lead to sponsorship opportunities and advertising revenue.
Moreover, creating a podcast requires relatively low startup costs and can be managed alongside your day job. With basic recording equipment, a free or affordable hosting platform, and effective promotion through social media and online communities, you could gradually increase your listener base. This growing audience might eventually translate into significant financial returns, helping you move closer to a six-figure income.
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.
7. Start a freelance writing business ($65.5K/month)
As an application support analyst, starting a freelance writing business could be a lucrative avenue to supplement your income and potentially elevate your earnings to six figures. Leveraging your strong writing skills, you could write technical documentation, how-to guides, or blog posts related to your industry, which are always in demand. This role offers flexibility, allowing you to control your schedule and work remotely, making it easier to balance with your primary job.
Beyond the financial benefits, a freelance writing side business could also enhance your personal brand as an industry expert. By meeting deadlines, staying up-to-date with the latest writing tools, and effectively communicating, you'll cultivate a reliable clientele. This entrepreneurial venture not only provides extra income but also opens doors to new opportunities within your field and beyond.
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.
8. Start an ecommerce store ($287K/month)
By starting an ecommerce store, you could significantly supplement your income as an application support analyst. Given the lower overhead costs and increased reach of online businesses, you have the potential to grow your store while maintaining your primary career. The booming ecommerce industry offers a lucrative side hustle opportunity, allowing you to reach a global audience without substantial initial investments.
Running an ecommerce business enables you to leverage your technical expertise in various aspects such as website management, payment processing, and inventory tracking software. With the flexibility offered by ecommerce, you can manage your online store during your off-hours, making it a feasible option without compromising your full-time job. With dedication, your ecommerce venture could generate substantial revenue, helping you reach the six-figure income mark.
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. Become an affiliate marketer ($55.3K/month)
As an application support analyst, starting an affiliate marketing business could be a strategic way to supplement your income and potentially reach six figures. Given your technical expertise, you could seamlessly navigate the digital landscape to promote relevant software tools, IT services, or tech gadgets, earning commissions for each sale made through your unique affiliate links.
Affiliate marketing is particularly advantageous because it requires minimal upfront investment, allowing you to leverage your existing skills without the need for substantial financial risk. By selectively partnering with companies in your niche and effectively driving traffic to their products, you could build a profitable side business that complements your primary career.
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.
10. Digital products ($261K/month)
Creating and selling digital products could be a game-changer if you're an entrepreneurial-minded Application Support Analyst aiming to make six figures. These products, such as software tools, ebooks, online courses, or membership sites, are incredibly easy to create and distribute. Given your technical background, you could leverage this skill set to develop valuable digital products that address specific pain points in the IT and support industry.
The beauty of digital products is that they offer endless possibilities and can be sold repeatedly without inventory concerns. This means you could potentially earn a passive income, supplementing your regular job earnings. With minimal overhead costs and a wide reach, launching a digital product could significantly boost your income, pushing you closer to that coveted six-figure mark.
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.
11. Start a blog ($44.9K/month)
Starting a blog could be a lucrative way to supplement your income or even build an entirely new business as an Application Support Analyst. By sharing your expertise, you could attract a broader audience, becoming a trusted source of information in your field. Given that blogs are rated as the 5th most trustworthy source for gathering information and that 77% of internet users read blogs, the potential to secure a loyal readership is substantial.
With approximately 409 million people viewing over 20 billion pages each month, your blog could generate significant traffic and engagement. A well-maintained blog, complete with a solid content strategy and regular posting routine, could lead to monetization opportunities such as affiliate marketing, sponsored content, and online courses. This avenue not only allows you to share your knowledge but also to work flexibly and reach your financial goals.
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.
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.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
